Non financial factors before decision to discontinue course

Non financial factors before decision to discontinue course As the course used to be popular, there must be certain amount of students have joined for this course. Thus, if Mawar College wants to discontinue this course, they must place their first priority to these students. As what they expected, students will have tons of questions and of course they will feel frustrated and angry. They could even come out with the petition with the hopes that the college could continue running this course before they graduate. Even if the college has decided to discontinue this course, they also have to consider on where they should place these students as they only halfway studying for this course. They have to understand that all these students will absolutely feel unhappy and discontent if the college place them in another course that is not as famous as the course they are studying now. This issue could possibly bother the students and could affect their emotions making them hardly to concentrate well on their studies. (Olejnik and Holschuh 2007) These grievance students will also raise this issue to their parents and again, their parents will call or even pay a visit to Mawar College to identify the reasons and details that halt the course from continuing. However, the college has to remember that not every of these parents are understanding and willing to listen the explanation by management. As being customers, most of them only concern on how much they have already paid and where their children will be placed to. Even some of these parents might argue and quarrel with the college management. When these parents concerns are not being addressed, they might carry out some conducts which could possibly spoil the reputation of the college. For example, these disgruntled parents will start spreading their dissatisfaction about the college because of its failure to meet and satisfy their suspense. (The Associated Press 2010) Recapping above, the image and reputation of Mawar College will be affected and people will start losing confident to the college. Other students might reluctantly register to any courses that run by this college as they worry the same incident might be happening again. Even their parents may discourage them from studying under this college and request them to further their studies in another more reliable college. This has clearly showed that their good impression to the established Mawar College has dashed out and people will hardly believe this college anymore. The Mawar College rankings among other colleges can come to a deep fall and they might face difficulties to gain back their credibility and again be competitive advantage among its competitors. (The Indian Express Limited 2010) Besides of affecting the reputation of the college, the reputation of the well-known University will also be affected. People around the world will start doubting whether the University is having any problems that lead to the discontinuing of the course. University will definitely feel displeasure and will not allow any accusation that will influence its goodwill. This would certainly be a hard job for the college to run any courses under this University in the future since they have break their promises. The University could possibly sue the college if the college breaches the contracts. Hence, the college has to bear the risk of facing legal suits from the University if they have decided to end the course. The college might lose huge amount of money for the purpose to compensate the University because of their doings and this would be a loss to Mawar College. (The Times of India 2010) As the college has already employed a large group of full-time lecturer for this course, thus every of this lecturer will be affected too if the college discontinue the course. They could be appointed in teaching another course and subjects or even discharged by the colleges that will definitely reduce their level of income. Their motivation and enthusiasm in teaching will also decrease due to their dissatisfaction to the college. This could also affect the rest of the college employees and their level of production will start decreasing once they have lost faith to Mawar College. (Race 1999) Other than above, there are still many factors that the college has to realize and take into account before making their decision. As the course used to be famous, I can assume that certain scholarships and loans have been given to some students to further up their studies on this course. Therefore, it would be a tough and complicated task that these students have to gone through for the cancellation of loans or transferring their scholarships if this course has to be stopped. Certain welfare organizations such as Genting Malaysia and Hong Leong Group that provide free scholarships to Mawar College on this course will also feel discontent because it will burden up their works when the students have more enquiries regards on their transferring or cancellation of scholarships. (Sunway University College nd) People that do not understand the reason of why they discontinue the course might also claim that the only intention for the college is to make profits and ignore the future of the students. Thus, all these will trouble the college and they hardly to survive in the market as people and other Universities have lost their reliability to this college. The college might face problems when they have to search and look for other Universities and running their courses because these Universities also dread the same case will be happening again and affects their reputations. Mawar College will also face difficulties in employing high qualification lecturers due to their spoilt image and have no choice but to employ new lecturers without much teaching experiences. As they are new, most of them still could not master the lectures and issues such as the failing of students in exam could possibly occur because they do not know the correct ways of teaching the students. When the students are unable to show their achievements, again the reputation of the college will be affected. (BNET nd) All these clearly show that there are different non financial factors that the college has to consider and it is pertinent to make a correct decision in order to prevent any unforeseen circumstances from happening that could lead them into a deep fall and hardly for them to bounce back in the education industry. Part C Investment appraisal methods are act as a tool for planning an investment and decide whether or not to accept the projects. (Gotze et al 2008) There are a few different investment appraisal methods can be used, including discounted cash flow (DCF), payback, (Smith 2007) and Accounting Rate of Return (ARR) whereby DCF includes the methods of Net Present Value (NPV) and Internal Rate of Return (IRR). The NPV under DCF has been recognized as the sound of all the investment appraisal methods due to its consideration on the time value of money. This time value of money refers to the amount of money that the business need to be compensated for forgoing the use of the money for a period of time if it has to be invested in a project. (Evans et al 2003) NPV is a method of including all the cash inflows and outflows that will be earned and used in a project at a chosen acceptable rate of return and taking the net total. (Evans et al 2003) Even though there are many advantages in using NPV, but payback method and ARR are still widely used and adopted by many businesses due to the limitations brought by NPV and benefits of payback and ARR methods. (Fabozzi and Peterson 2003) The weaknesses that business normally face when using this NPV approach is they hardly to make accurate long-term forecast of cash flows they can receive in the future. No company can predict the future cash flows as factors such as future sales, costs of labor, interest rate, and government policies can affect the estimated cash flows. Overestimation or underestimation can sometimes bring uncountable loss to the business. (Siddiqui and Siddiqui 2005) Further, in reality it is difficult for business to determine the discount rate, which is cost of finance or cost of capital. It is not an easy job to calculate various costs of finance such as share capital and loans. (Coombs et al 2005) They also have to take the bank interest rate, risk and future inflation into account when deciding the cost of capital because the money value of RM1 in the future will be lesser than its today value. (Bowhill 2008) Moreover, NPV method will assume that the discount rate will remain the same throughout the project running periods. But in fact, these discount rates are easily swayed from year to year. Business has to prognosis the future discount rate which sometimes might be a big differences compared to their forecast with the real situation. (Groppelli and Nikbakht 2006) Besides that, NPV also not suitable to be used in the situation when comparing projects with different lives times. (Siddiqui and Siddiqui 2005) They also have a weakness whereby they never take the size or capital invested into account but only look at the higher yield of NPV. (Moyer et al 2009) This can be shown by the example where a project with size RM1 million that yield NPV RM1500 will be recommended compare to other project with capital RM 1000 with a NPV of RM800. (Coombs 2005) Calculation of NPV which is expressed in money form is not favorable by most of the companies compared to percentage form. (Fabozzi and Peterson 2003) Payback method also has been called as payout method (Belkaoui 2001) and it refers to the number of years a project or investment will take to pay back the initial cash outlay. This is only done when the cumulative cash inflows equally same with the cash outflows. (Bowhill 2008) Payback method is still widely used because it offers information regard to the risk of the investment. Risk analysis can be made depends on the payback period of the investment. (Moyer et al 2009) Risks will be dwindled by using this payback method because it focuses on earlier cash flows and not the later cash flows which are hardly to predict especially in this fast pace world. (Walker 2009) The business will face less risk with the shorter payback period and vice versa. (Moyer et al 2009) Furthermore, payback method will clearly show the liquidity of the investment because it measure the net cash earned by the investment in shorter term. (Bowhill 2008) For company that always concern the liquidity of their businesses will definitely adopt this helpful method so they could know whether their businesses are in strong or weak liquidity to perform or carry out any plans or activities. (Moyer et al 2009) This simple to use and easy to understand method (Walker 2009) can be applied especially to small projects where only a simple decision is needed without consider other cash flow implications. (Bowhill 2008) There is no complicated calculation needed and thus many companies find it is the best way to check whether the money invested can be generated back in reasonable period of time. (Groppelli and Nikbakht 2006) Last but not least, ARR is the average annual profits divided by the initial investment and it also known as Return on Investment (ROI) that used for performance appraisal. (Walker 2009) The investment will only be accepted and applied if the ARR was the same or higher than the target rate set by the company. (Bowhill 2008) This percentage form of ARR is easy to compute and understand especially to business people because it sounds familiar as return on capital employed that mostly applied by companies. (Coombs 2005) ARR is always been used due to its consideration on all the returns and whole life of the investment into account. ARR is the only one that is based on the accounting profits and focus on accounting income rather than cash flows. (Belkaoui 2001) The amount and value calculated by ARR also relevant and used for financial statement presentation such as balance sheet. (Shim and Siegel 2004)

Jaffna Tourism Essay

1. Executive Summary There is a huge vacant area in all over the world to enhance the Tourism. Almost all the countries are developing their Tourism industry in their country. Sri Lanka is such one of them becoming more popular in the Asian Country. So it’s a good opportunity to Investors to come and invest their Income to earn high profit. This Assignment all about Tourism of Sri Lanka, Where a foreign company going to operate their Business with clear understanding of the present scenario of the country So as a Local partner I have prepared an important report to join hands with foreign company and enhance the tourism in Sri Lanka 2. Introduction A Canadian based Tourism industry is coming to Sri Lanka and to operate their Tourism industry in Pasikuda region. So as a local partner I have proposed some important focal areas of Pasikuda region with clear justifications These short and clear proposals that every one can understand and come to know a bout Sri Lanka and its Tourisms Sri Lanka Sri Lanka is an island country which is located in the Indian Ocean and the subcontinent in South Asia. Sri Lanka is a strategic place for trade because of its location and the major sea routes. Sri Lanka has been called The Pearl of the Indian Ocean because of its unique features and attractive natural places around the country. The capital city of Sri Lanka is Sri Jayawardenapura-Kotte which has high population and busy crowded people. Sri Lanka is encapsulated with varieties of cultures, languages and religions. The Sinhalese people occupy the majority of the population; Tamils and Muslims are with smaller quantity where as it include Moors, Burghers and Malays. The country is famous for the production tea, coffee, gemstones, rubber and cinnamon. The island contains tropical forests, wonderful Land scape. The country claims a long history over 2500 years. The country is a founding member state of SAARC; Sri Lanka was one of the fastest growing economies of the world. 3. Tourism in Sri Lanka Tourism is one of the famous major industries playing a vital role for the development of Sri Lankan economy recently. It attracts many foreigners because of its unique features and undisturbed rain forests. Sri Lanka is portrayed as a play ground for European people for its cheapest prices and fine historical areas. After end of the civil war we can see the development of tourism recently. However after the end of the conflict in 2009 the country’s tourism looks better and increasing dramatically. In 2010 after the war Sri Lanka had a growth of 46% in Tourism arrivals. From 2009 to 2011 the Tourism arrivals got doubled with the arrivals of reaching 855,975 as at end of 2011.Government of Sri Lanka taking a head to improve the Tourism in Sri Lanka by investing large amount of money all over the Island. The finest times to visit Sri Lanka are between the main rainy seasons, because the island is just north of the equator also good place to visit in hot seasons. Temperatures remain almost constant throughout the year, but rainfall varies widely. The Hill Country is cooler throughout the year than the other part of Sri Lanka. The country appointed educated and English speaking people to guide the tourist and enjoy the holiday throughout. According to the Sri Lankan Tourism Development Authorities information the country has over 1400 registered hotel rooms and majority occupied in Colombo. The hotels are classified in five star categories ranging from 1 to 5 stars currently. Sri Lanka has consisted hotels called John keels, Aitken Spence and Jetwing hotels where as some international brands such as Taj and Aman are also present in the country. There are many other international hotels waiting to emerge inside the country such as Movenpick etc†¦they will enter either under management contracts or joint venture. Sri Lanka concentrating high in building five stars rated hotels to increase the tourist visits. Most of the hotels are owned by individual proprietors also there are many to come with 5 stars hotels. Following exhibit tourist arrivals from 2007 to 2010 2007 494,008 2008 438,475 2009 447,890 2010 654,476 2011 853,975 So we can clearly see the improvement of tourism all over the Island and also there are many empty spaces that can be filled by investors pointing out those focal areas can come out with dynamic planning to increase the sales turn over. Pasikuda and its Tourism Pasikuda Pasikuda is famous for its beautiful beaches and which is loved by every one with its wonderful lands scape, which is situated on the east coast of Sri Lanka, 300 Kilometers from Colombo. It is in the process of developing a leading tourist destination in Sri Lanka. The visitor’s main attraction Are long and wide sunny beach, Blue Sea with golden sand are some of them in this region. Pasikuda is known to have one of the longest shallow coastlines in the world, because the water is not more only a few inches deep so people can walk many kilometers into the sea without any fear and can enjoy. The closest major town is Batticaloa which is about 20-30 minutes ride in a vehicle. There are limited hotels in the Pasikuda area is the major reasons why tourism is not taking off. Some of the lands are bought by some hotel groups so in the future we are bound to see an increase in hotels. This region getting developed by building access roads, electricity and water supply getting renovated at a rapid pace, In addition to this, a super market, an art gallery, a theatre and a golf course are expected to be constructed. The government has allocated 156 acres of land in Pasikuda tourism zone, with 14 hotels to come up with approved constructions.so the total investment is around Rs 5703 million. The first hotel contains 40-rooms named called ‘Maalu Maalu’. Once all the hotels are completed, 930 rooms would be available for occupation. Foreigners and the local made this place as an ideal place for sun bathe, sea bathe and a leisure play ground for boat trips, water skiers. Pasikuda don’t have much luxury hotels you have to do with small hotels, some foreigners expecting that in the near future there will be some luxury hotels in this region. So this is the right time to build and develop the tourism in this region with the help of government, because the government expecting to increase the tourism in this region for this they are giving tax concession and other facilities.

Seven Year War Paper - 1109 Words

Seven Years War Paper Seven Years War Paper Many factors led to the Seven Years’ War. Along with these factors, I think that the huge differences in cultural backgrounds and points of view between the various countries involves also contributed to the Seven Years’ War. In the seventeenth-century, the colonies were becoming over run by various, very different immigrant groups (Davidson, 2006). Famine, warfare, and religious persecution forced most of the non- English groups to leave from their homes in Europe and go to the American colonies. This immigration quickly increased the population and made the colonies more diverse. The diversity caused the colonies to be primarily divided along cultural lines. The colonist divided†¦show more content†¦The conflict between the superpowers for the control of the continent began the Seven Years’ War. Most people put the beginning of the Seven Years’ War in the 1754, but it actually occurred from 1756 to 1763. In the Seven Years’ War, France, a nd Great Britain struggled to control eastern North America (Davidson, 2006). The area between the Mississippi River and the Appalachian mountain range was contested, as both nations claimed it. When the British won the Seven Years’ War, their colonial holdings doubled in size and they gained control of North America. Conflicts over trading rights and the control of the Ohio country was the primary cause of the French and the Indian War (Davidson, 2006). British control over North America and the Seven Years’ War led to many issues and problems as the British struggled to maintain their supremacy. The French came out behind in each of these struggles, they lost position as highest colonial power for the next generation, their position would not be restored until French Revolution of the 1970’s. Since each colony had to run its own military campaigns for many years, the colonies were isolated from each other. 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Age Specific Risk Reduction Health Screen And Immunizations

Age Specific Risk Reduction Health Screen and Immunizations A.T. is most vulnerable due to her long list of co-morbidities and the existing limitations brought about by her complex medical conditions. The importance of a comprehensive geriatric assessment (CGA) will help address various ways of preventing risks such as falls and increased hospitalizations. CGA addresses observed and suspected cognitive impairment, mental disorders, or functional decline or identification of specific needs due to problems such as incontinence, pain or sleeping problems (Sternberg Bentur, 2014).. It also addresses the complexity of medication administration due to polypharmacy. Furthermore, with increasing debilitation due to advancing age and possibly worsening medical condition, there is consideration for referral for training of friends and/or members considering care for the patient, fulltime or supplemental home health care, rehabilitation training, or even placement to assisted living or nursing home. The recommended immunizations for her age per CDC recommendations are as follows: Tetanus and Diphtheria booster every ten years, yearly influenza vaccination, one dose and one repeat dose for Pneumoccocal vaccine, up to two series and a booster for Hepatitis B vaccine, and Hepatitis A and Varicella vaccines as indicated (Clover Zimmerman, 2002). 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The Arroyo Fresco Community Health Center Case Study describes a fictitiousRead More2006 Arroyo Case Study31910 Words   |  128 PagesCommunity Health Center Case Study 2006 National Institute of Standards and Technology Technology Administration †¢ Department of Commerce Baldrige National Quality Program Arroyo Fresco Community Health Center Case Study The Arroyo Fresco Community Health Center Case Study was prepared for use in the 2006 Malcolm Baldrige National Quality Award Examiner Preparation Course. The Arroyo Fresco Community Health Center Case Study describes a fictitious nonprofit organization in the health care sector