Well-Being In The UK Essay Example for Free

Well-Being In The UK Essay Racism is a socially constructed phenomenon, evident within mainstream societys individual and institutional value systems. The corrosive effects of racism seriously impinge upon the life chances and life expectancy of ethnic minorities, living within the United Kingdom. Within this essay I will attempt to highlight the social implications of racism, illustrating the relationship between racism, poverty and social exclusion. I will also consider recent government legislation and the contribution required from Social Services to combat the perpetuating effects of racism. Within todays society racial classification creates a dominant framework of superior and inferior beings, some still believe superiority of one race over another is a result of biological indifferences. According to De Gobineaue the white race possesses intelligence, morality and will power superior to those of the others [other races] (Giddens 1993:264). Alternatively, black races are considered to be, in educable, deviant and inferior to their white counterparts. These stereotypical viewpoints embody the essence of racism; Giddens (1993) defines racism as falsely attributing inherited characteristics of personality or behaviour to individuals of a particular appearance. The negative affects of racism profoundly impact upon institutions such as education, housing, employment and health to name but a few. Institutional racism is an accepted concept existing within both the public and private sectors. The Macpherson Report defines institutional racism as: . the collective failure of an organisation to provide an appropriate service to people because of their colour, culture or ethnic origin (Macpherson Report, 1999) The reality of such a damning statement confirms the disadvantage ethnic minorities encounter in their every day lives; furthermore the negative effects of racism correlate with statistics illustrating, ethnic minorities experiences with poor standards of housing and lower levels of income. Within the United Kingdom, ethnic minorities represent approximately 5. 5 per cent of the population (Commission for Racial Equality 1999); most minority ethnic groups live in socially and economically deprived areas, experiencing limited access to quality services. Poverty is a fundamental disadvantage afflicting many ethnic minority groups; amongst the diverse population contained within the label ethnic minority groups Bangladeshi and Pakistani families are by far the poorest groups, research carried out by (Foundations 2000) reveals that 60 per cent of Pakistani and Bangladeshi communities live in poor conditions. The effects of poverty significantly contribute towards lower social status, poorer life chances and a feeling of powerlessness; the consequences of poverty not only deprive individuals of material necessities but when combined with racism, exacerbate social inequalities that further compound the disadvantage that already exists. Residing within socially and economically deprived areas, places limitations on the quality and standard of education ethnic minorities receive (Giddens 1993). Many inner city schools fail to recognise, the intrinsic needs of children from different races. Furthermore, under-representation of ethnic minority teachers and a curriculum that emphasises white dominance contribute towards accusations that the educational system is institutionally racist. Maxie Hayles, chair of the Birmingham Racial Attacks Monitoring Unit quotes;- Black children are often labelled by teachers as disruptive and less intelligent than white pupils; creating a self fulfilling prophecy. Black youths need something: they feel debased; they need something to identify with. (Hinsliff and Bright 2000)

The Tragedy Of Hamlet :: Shakespeare Hamlet Essays

The Tragedy Of Hamlet Hardship, unfortunately, is a part of everyone's life. It is unavoidable, and in Hamlets case he found out that bad luck comes in colossal amounts at a time. Most people see bad luck as getting splashed by a car in the rain, or finding out that the idiots at McDonald's forgot the fries in your order. But Hamlet got a quadruple dose of bad luck. First his father was unjustly murdered. Then the ghost of his father comes back and tells him that he is to avenge his death. To top it all off Hamlet finds out that his mother has just married his late fathers assassin. When Hamlet tries to expose the new king of killing his father, he is exiled to England because the other people thought that he was mentally ill. When Hamlet returns to Denmark he finds his secret love Ophelia being buried. Hamlet feels that he is living in a world of horror, and by the end of this miserably disheartening play, his fathers death is avenged, but at quite a cost. Hamlet, Claudius, Gertrude, Ophelia, Laertes, and Polonius are all dead. I would have to say that all of the adversity in hamlets life had to have a great affect on his spirit. One can not go through life, and Hamlet had a short one, lose all of the people that you love and expect it to not dishearten you a little. And in Hamlets case it pretty much drove him insane.    The human spirit is a very fragile thing, and something as tragic as the death of a loved one can damage it greatly. As in Hamlets case, when his father was murdered, this started a sort of devastating chain reaction of the psyche. He started to "go nuts", and it showed. The people around him started noticing this drastic change in his personality. But his insanity was most evident during the play which he set up and called "The Mousetrap".   Hamlet sat fidgeting in his chair, staring at Caudius with accusing eyes. When his little trap had run it's course, Claudius had just about been broken. Hamlet watched as Claudius sweat and chewed his nails. When Claudius could take no more he stumbled out of the room and into the streets where hamlet proceeded to follow, dancing and screaming like a mad man. Hamlet could take no more of this torturous life, watching his mother hang off of the man who murdered his father. His spirit had been irreversibly damaged, and insanity was the price.    This play is a classic example of one of the greatest, if not the greatest The Tragedy Of Hamlet :: Shakespeare Hamlet Essays The Tragedy Of Hamlet Hardship, unfortunately, is a part of everyone's life. It is unavoidable, and in Hamlets case he found out that bad luck comes in colossal amounts at a time. Most people see bad luck as getting splashed by a car in the rain, or finding out that the idiots at McDonald's forgot the fries in your order. But Hamlet got a quadruple dose of bad luck. First his father was unjustly murdered. Then the ghost of his father comes back and tells him that he is to avenge his death. To top it all off Hamlet finds out that his mother has just married his late fathers assassin. When Hamlet tries to expose the new king of killing his father, he is exiled to England because the other people thought that he was mentally ill. When Hamlet returns to Denmark he finds his secret love Ophelia being buried. Hamlet feels that he is living in a world of horror, and by the end of this miserably disheartening play, his fathers death is avenged, but at quite a cost. Hamlet, Claudius, Gertrude, Ophelia, Laertes, and Polonius are all dead. I would have to say that all of the adversity in hamlets life had to have a great affect on his spirit. One can not go through life, and Hamlet had a short one, lose all of the people that you love and expect it to not dishearten you a little. And in Hamlets case it pretty much drove him insane.    The human spirit is a very fragile thing, and something as tragic as the death of a loved one can damage it greatly. As in Hamlets case, when his father was murdered, this started a sort of devastating chain reaction of the psyche. He started to "go nuts", and it showed. The people around him started noticing this drastic change in his personality. But his insanity was most evident during the play which he set up and called "The Mousetrap".   Hamlet sat fidgeting in his chair, staring at Caudius with accusing eyes. When his little trap had run it's course, Claudius had just about been broken. Hamlet watched as Claudius sweat and chewed his nails. When Claudius could take no more he stumbled out of the room and into the streets where hamlet proceeded to follow, dancing and screaming like a mad man. Hamlet could take no more of this torturous life, watching his mother hang off of the man who murdered his father. His spirit had been irreversibly damaged, and insanity was the price.    This play is a classic example of one of the greatest, if not the greatest

Comments On The Financial Performance Of Rap Ltd Essay

Efficient management strategy reflects in the gross profit sales which increased in the year 2008 with 23% as compared with the year 2009. In the year 2009, RAP Ltd. hasn’t focuses on reduces the cost of goods sold which gives a slightly negative reflection on the gross profit. Slight decrease in the year 2009 gross profit because of economic recession in the economy reflects on the gross profit of RAP Ltd. Moreover, RAP Ltd. high ratio of COGS in the shape of FOH, Purchases etc and also due to internal restructuring. On the whole the gross profit margin is fair enough and one should hope that the percentage of gross profit margin will increase in years to come Meigs (1999). NET PROFIT MARGIN The profit margin on sales ratio tells us the ability of the firm to convert its sales into profits. A low profit margin on sales indicates high expenses which consume most of the revenue earned by the firm. In such a case, the firm needs to analyze and point out areas which are producing more expenses than usual. The higher the ratio, the better it is for the company. From the perspective of RAP Ltd. there is a slightly negative moment is reviewed in the year 2009. RAP Ltd. net profit margin in the year 2009 is 12% because of margins in selling, administration expenses and Distribution costs. In that case RAP Ltd. still has a room for improvement in the net profit margin Garrison (2004). Moreover in the year 2009, because of rough economic and business condition, RAP Ltd. efficient business running strategy hit badly in terms of net profit margin. It is viewed that Net Profit margin rate will increase in years to come. The management strategy has helped generate more revenue but there has been significant impact made on the net profit Myers, Brealey and Marcus (2001). LIQUIDITY CURRENT RATIO The current ratio tells us about the liquidity of the company. It is the ratio which tells us the company’s ability to pay off its liabilities using the current assets in case the company is liquidated. Higher the current ratio, the better it is. RAP Ltd. current ratio is slightly on the lower side in the year 2009 in comparison with the year 2008. This ratio indicates a higher margin of safety with respect to meeting current obligations. RAP Ltd. current ratio will not allow them to take more debt as compared to previous years practices. RAP Ltd. current ratio haven’t strong current ratio and its gives a not a strong and positive signal to the creditors that company’s business operation is running on a right path. The current ratio of RAP Ltd. suggests that company have not sufficient and ample reserve cash or liquid asset and RAP Ltd. can’t utilize the excess or reserve cash on their ongoing business. QUICK RATIO RAP Ltd. quick ratio is not better in all the two years period. Although, RAP Ltd. has a higher inventory but improper maintenance of working capital management strategy has also a hurdle in order to produce a healthy quick ratio. In addition, RAP Ltd. quick ratio gives a negative signal to the market, indicating that there is a liquidity problem for RAP Ltd. Besley, Brigham, Scott, Eugene F. (2001). EFFICIENCY STOCK TURNOVER PERIOD RAP Ltd. is able to convert its inventory into cash every 59th day in the year 2009 and 55th day in the year 2008, which is not good going for the company in comparison with the previous years. This shows that RAP Ltd. is better at managing its inventory especially in the years 2008. RAP Ltd. inventory management strategies make a strong reflection on this ratio and it is evident that company’s operating cycle is slightly high in comparison with the previous years which are fair practice as far as company’s perspective is concerned. RECEIVABLE (DEBTORS) DAYS Receivable debtors’ days tells us the average number of days it will take to recover the accounts receivables balance. This allows the investors and the management of the company to analyze the effectiveness of the current credit policy and its implementation. Slow collection period increases the probability of bad debts and this important factor make a reflection on the RAP Ltd. average collection period. RAP Ltd. has employed an effective credit policy for its customers and adopted an aggressive credit policy to collect their receivables. CAPITAL STRUCTURE DEBT TO EQUITY Dependency on debt financing is not a bad habit but it has consequences if you rely on more. RAP Ltd. debt to equity ratio is on the lower side in the year 2009 in comparison with the year 2008 due to the factors of business volume, increment in sales, fulfilment to pay the suppliers and acquisitions of fixed asset. Due to the expansion in business, RAP Ltd. has plenty of financial obligations, most of which has been acquired through equity. DEBT TO ASSET RAP Ltd. D/A ratio, is around 12% in the year 2009. In the year 2008, the debt to total assets is around 14% which is good as far as the performance is concerned. The year 2009 is worst for RAP Ltd. , the main reason behind is the improper utilization of debt in order to capitalize assets. Moreover, it also reveals the fact that the management of the company can’t generate more assets in response with the debt. A higher D/A ratio would place the company under increased amount of risk, especially if the interest rates are rising. Hence, a lower D/A ratio would be more desirable Besley, Brigham, Scott, Eugene F. (2001). INTEREST COVERAGE RATIO This ratio helps the analysts analyze the ability of the firm to pay interest on the debt. This ratio is especially of concern to the creditors of the firm or the banks who are interested in providing debt financing to the firm. If the company is able to pay its interest expense, only then it is able to obtain financing. The TIE ratio of RAP Ltd. is satisfactory since it is showing a high earning before income and tax. TIE ratio is concerned it looks healthy as far as company’s future operations are concerned and it also gives an indication that debt holders are not concerned about the company’s performance because RAP Ltd. has reported an excellent TIE ratio through out two years. It is a good signal for the company’s perspective (Besley, Brigham, 2001). RECOMMENDATIONS My recommendations are stated below: †¢ Design the Internal control system that really helps in the company’s financial policies. †¢ Formulating and implementing the corporate strategy which determines the company’s mission and objectives and also oversight the risk associated with. †¢ High cost of sales make a negative impact on the gross profit and also the raising variable and fixed cost cut down the profit so the company take all necessary step to continue the same practice. †¢ Company also making the strategy to utilize all the assets at its optimum level and not should eyeing on the fact that no asset remains idle. Moreover, company focuses more on capital expenditure. †¢ High leverage and dependency on debt financing create an alarming situation for XYZ Inc because in this current scenario current ratio is slightly weaker and it not gives the right signal to the debt holder. Current Asset can’t generate the income in away that reflects in the current ratio. All in all, not out of the woods but small improvements in sales and margins and return to basics could translate into more upside. CONCLUSION RAP Ltd. portrays a very strong and positive position in the markets place and without doubt this company has an ability to challenge its rivals to have a girds to become the market leader. There are certain areas where RAP Ltd. should pay attention to like in the area of working capital, net profit margin, reduction in revenue expenditures on consistent basis and assist in increase its investor’s confidence towards the organization. C. The limitations are stated below: †¢ The implementation of different accounting policies might distract the reported figures. Like frequently made changes in depreciation methods, in inventory valuation technique etc (Besley, Brigham, Scott, Eugene F. 2001, p. 98). †¢ If the reported figures on financial statement are out of date then the ratio can’t portrait the true picture of the company. †¢ The ratio are also not debated on the risk associated the figures. †¢ If the employees or the management of the company manipulated with the figures or uses the big bath accounting technique or uses window dressing techniques then the ratios are also not clearly projected the company’s performance. (Besley, Brigham, Scott, Eugene F. 2001, p. 98) †¢ Ratios are also not clearly drawn the valid projection of the company’s capital structure or the size of the company’s business (Besley, Brigham, Scott, Eugene F. 2001, p. 98). †¢ It is the reality that inflation distorts the reported amount. Ratio are not provides any appropriate judgment over the issue related with inflation. †¢ The factor of risk is beyond the control of ratios and the ratios are provides any proper evaluation related with risk. REFERENCES Besley, Brigham, Scott, Eugene F. (2001). Principles of Finance. Florida: Harcourt College Publishers. Brealey, Richard A. , Stewart C. Myers, Alan J. Marcus (2001). Fundamentals of Corporate Finance. 4th ed. New York: McGraw-Hill. Garrison, Ray H, Eric Noreen, Peter C. Brewer (2004). Managerial Accounting. Meigs, Robert F. , Mary A. Meigs, Mark Bettner, Ray Whittington. Accounting: the basis for Business Decisions. 11th ed. New York: McGraw Hill

Macbeth Ess - 1197 Words

ayMacbeth Essay 3. The power of the play is its relevance to today’s society. We are surrounded in everyday life by men and women who might as well have been characters in this play. The play of Macbeth has themes in it which can be associated with people who live in our world today. In Macbeth we see a king who abuses his power and uses it for the wrong reasons. He almost always get away with it. Despite the fact that there were people that were suspicious of Macbeth, he was never brought to justice with some of his deeds. In this play we also find out about the lengths that Macbeth went to, so he could become king and to also stay as king. The similarities between people in today’s society are that the lengths that they will go to,†¦show more content†¦However the abuse of power used by people today, as well as the abuse of power by Macbeth did not benefit the general community, neither did it benefit Macbeth at the end of his reign. This point also links to the point that people today as well as in Macbeth time only thing about their selves. The acts that they commit, whether it be with power or not really doesn’t benefit anyone. With power comes greed to. There are many people today in general who can fit that mould of Macbeth being greedy. Not only was he thane of Glamis and Cawdor, but he was also king of Scotland. Before Macbeth became King of Scotland he was The Thane of Cawdor and Glamis. In the general community today there are many of levels of greed which people have to make themselves happy, hence showing that they would fit for the role as Macbeth who was greedy. People today also seem to think about themselves. It can be recognized more obviously in people with power like it was with Macbeth. Some people live in their own selfish world. They only think about themselves for the most part. Even when they do things for other people it could be because it is out of habit or because they are pleasing themselves with whatever their vision is of themselves. This was also the same with Macbeth. He carried out his acts with only the thought of himself and where he would end up. He killed Banquo and attempted to kill his son so his reign as king wouldn’t end. He killed Duncan so heShow MoreRelatedEssay on Macbeth and the Gunpowder Plot of 16054662 Words   |  19 PagesMacbeth and the Gunpowder Plot of 1605 Shakespeare’s Macbeth was influenced by the gunpowder plot of 1605. The equivocation that was inspired by this event played an important role in the play. The general theme of Macbeth reflects the mood of society at the time that it was written. This relationship is a direct reflection of the mimetic theory. 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