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648 Management for Community and Social Services (Financial Analysis of Not for Profits)
648 Management for Community and Social Services (Financial Analysis of Not for Profits)
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Management of community resources and services may at a point require financial accountability that will entirely rely on the use of financial tools to determine the position of firms that operate as Non-profit organizations. This requires a vast focus on financial analysis of the activities that are conducted with an aim of making the bet of the operation. In order toachieve this, it is crucial to use financial tools in the field of sociology during research and analysis of the outcome.
“Assessment of measurement tool for Reliability and validity”
Research studies have been used in many occasions to find out more about a scenario or a demanding question that a particular group of people are interested in knowing. This requires a model that will best explain each step that is used to gather such information used for analysis. In order to have these data gathered appropriately, a prior scan on the field is recommended. This is referred to as assessment of the field of study. Assessment there3fore has basic tools that must be employed to ensure the appropriateness and accuracy during and after the research study in the field.
There are two major aspects that most researchers must employ to ensure that their work is accurate. Reliability and validity of the information given to the end users of the research must reflect these two key aspects. In order to achieve this, there must be appropriate tools of measurement that can be used to justify the validity and reliability of a research work. These tools must be used in the filed of study and during the process of analyzing the data collected. In the study of sociology, therefore, there are various methods or tools of assessment that can be used to validate given information and to make it reliable to users.
People with disabilities form a large percentage of population in most parts of the world, and requires a research study to find out the main cause. When a research study is carried out, a tool of evaluation that would lead to validation and reliability is often required. In order to carry out a research on the disability in adults in a particular area of study, an assessment must be conducted. For an ideal assessment, a tool of measure meant will be required. Well-being will be appropriate when determining the extent of accuracy for validity and reliability. Most researchers use well-being tool of evaluation since it will provide variables that will form the basis of data collection in the field.
Reliability and validity can be based on several types depending on the variables that will be used in the data collection. Survival tactics, for instance, may be used as a way of validating the data. Also, movement and income generation means can also be relied on to determine the amount of well-being support required by the disabled people in the society.
“How support groups benefit the health and well-being of people with a rare genetic disorder
Support groups provide first hand information that is required by researchers in the field. This makes it easier to know exactly what is required during assessment and how to deal with the situations on the ground. Support groups ad the researchers or social workers since they connect and report the requirements to the rele3vant persons who can attend to the disabled people in the field.
“Quantitative or qualitative research study”
There are often two approaches that are used in the field during a research study; these are either qualitative or quantitative approaches. These two approaches are ideal depending on the nature of the research work. Taking into consideration a sociology research perspective, it will be ideal to use quantitative approach. This approach will be ideal for studies of disorders in various people in the society since it allows for the one on one interaction with the target group. It will also employ the use of interviews as a means of collecting data from the respondents. Primary data collection is often considered ideal when dealing with a research study that focus on health conditions and issues among people.
The benefit of quantitative research is that it offers a large amount of related data on the same case under the study. This makes it ideal to analyze and come up with a information that can be validated and relied on by end users or other social workers. Similarly, qualitative research will rely on giving quality information that is gathered from a sampled research work from the field. This will make it ideal for social workers to identify quickly the areas that require their attention among the disabled people in the society.
However, quantitative research method, may present a large data that would be too difficult and time consuming to analyze. Qualitative research method may also have small margins or data sources compared to the population size hence invalidating the information gathered.
“Single-system research study”
In every research work, there must be a method of data collection and validation process. Single system research is a way in which methodology is applied in the research work. It denotes the approach that experts or researchers will use in the field to gather relevant information that is required for analysis about a scenario or the case study.
Single-system research method can be used by a research by going to the field and literally gathering primary data. A specific example of this method is the use of questionnaire in the field to collect raw data for analysis and validation. This process requires identification of sample, population, and target area of study. In the case of social works, questionnaire would be ideal since it allows respondents to give their views on various scenarios that are under study. Again, it offers the best approach to deal with respondents who do not corporate in the area of the study. Questionnaires are significant in primary data collection method since there is high accuracy and multiple choices of responses that can generate answers that are ideal for analysis of a specific situation in a given research study area.
The main advantage of a single research study approach is that it offers chance to collect multiple data and carry out repeated data analysis for purposes of validation and reliability. It also offers an alternative to another approach that may be considered unsystematic means of data collection. In addition, for a social worker, this method offers a chance to allow for easy assessment of variables that are used during the study.
There are often two variables that can be identified with kind of methodology, and these are dependent and independent variables. The chosen dependent variables are the frequency of disability occurrences and the independent variables are the affected victims in the society who require support from other social workers and people in their sane states.
Financial cash flow determination methods
Implications and applications of financial study require various approaches to determine particular aspects. Regarding economic evaluations and valuations of assets, there are a number of tools or approaches that practitioners must employ to obtain relevant information and statistics that can be used to gauge or determine the position of a firm among its competitors in the market platform.
Similarly, in finance time is a key factor that must be properly analyzed and evaluated to ensure that a positive result is achieved through management. This will require the use of software for data analysis that will enhance performance and timeliness in determination of such econometric values. STATA is therefore, the ideal software that can be used in analyzing technical data from various sources financial values. Time-series econometrics models are very necessary in dealing with financial accounting. This implies that the amount of output will be determined by time take to raise a single unit of a product or service based on its financial spending. Example of a stata code that can be used in the econometric analysis is scatter y x if x < 10.
Below is a data code that can be used in the STATA software to determine time series in the econometrics valuation.
y265 y267 y269 y271 y273 y275 y277 y279 y281 y283
1.465248 0.479354 -1.75346 -0.292415 0.4226884 0.2091497 1.400652 0.9498465 1.512959 -0.5936786
0.5703003 1.38395 0.2902705 -0.9369771 -0.8942438 0.5955387 -0.9572875 0.4484942 0.0206231 -1.481797
-0.3371507 0.4506865 0.9319822 1.463505 -0.1176168 -0.431972 0.882265 -0.8461719 -0.909491 0.4699998
8.57749 4.644412 5.726359 9.257461 6.244791 6.356962 2.846215 6.671024 6.022622 8.066555
9.915342 9.016611 12.53046 8.943461 10.46239 7.507285 9.097888 9.709125 8.107504 12.65828
9.8797 13.30424 11.60002 12.08437 13.02481 12.31796 14.25738 14.14829 12.46637 11.94876
12.1553 13.60705 15.1946 16.16602 14.52039 16.15118 17.29049 16.32838 16.20972 14.07643
11.99595 15.03055 12.15735 16.27457 14.06341 17.09861 17.89787 18.5907 18.99561 13.26327
16.94649 13.88944 15.37031 19.86564 14.02943 17.33837 18.07598 18.3941 20.15047 13.98531
15.80559 16.3337 12.71508 18.35982 15.1026 16.95772 17.34345 15.5677 17.9921 15.64277
16.70486 18.92415 12.15709 18.68223 17.02415 15.41312 16.08319 15.99662 21.88074 16.52537
15.51236 18.75143 10.81065 19.10452 19.4782 14.68459 17.52361 14.92306 14.892 15.56802
14.44465 16.37151 14.4618 19.0817 19.49536 13.76237 16.36249 14.39202 15.06148 14.82618
17.19215 14.59168 16.05562 16.63589 18.45441 19.01651 17.51109 14.64103 14.84406 14.26773
16.58829 14.07616 17.49254 17.49399 19.66024 15.58567 15.59484 17.42184 12.67381 13.62993
STATA can be used in the determination of the following based on the time series provided.
Risk-free asset
(a) Return Relative= (Ending value of Investment)/ (Beginning value of Investment) = 111,619,295.48/73,441,529.02=1.5198
(b) Holding Period Return (HPR)= Return Relative-1=1.5198-1=0.5198
(c) AHPR= (Return Relative) ^(1/(324/52))-1=(1.5198)^(1/(324/52))-1=0.0695
CashThe $5 million cash is invested in Macquarie Cash Trust (CMA) and the rate of return is 3.3% p.a. Ending cash value==$5,000,000*(1+0.033)^(324/52)=$6121048.97
Portfolio return(a) Return Relative= (Ending value of Portfolio)/(Beginning value of Portfolio)
= 169479751.76/100,000,000
=1.6947975
(b) Holding Period Return (HPR) = Return Relative-1=1.6947975-1=0.6947915
(c) Portfolio Annualized holding period return (AHPR)=[(Return Relative)]^(1/(271/52))-1
=(1.6947975)^(1/(324/52))-1
=0.0884
S&P ASX200 Index return(a) Return Relative= (Ending value of S&P ASX200 Index)/(Beginning value of S&P ASX200 Index)= 5248/6389.4=0.8214
(b) Holding Period Return (HPR)= Return Relative-1=0.8214-1=-0.1786
(c) AHPR = [(Return Relative)]^(1/(271/52))-1=(0.8214)^(1/(324/52))-1=-0.0311
Nike: Calculation of Free Cash Flow Using Reformulated Statements
Year ended May 31, 2010
Method 1: C – I = OI – change in NOA Operating income, 2010 1,814.4
NOA, 2010 5,513.9 NOA, 2009 6,346.2 (832.3)
Free cash flow 2,646.7
Method 2: C – I = NFE + Change in NFA + d NFE, 2010 4.0
NFA, 2010 4,370.5 NFA, 2009 2,468.3 1,902.2
Net dividend, 2010 740.4
Free cash flow 2,646.7
The palm oil industry is one of the controversial options for cooking oil due to the destructive nature of the industry to bo
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The palm oil industry is one of the controversial options for cooking oil due to the destructive nature of the industry to both health and the environment (Azhar et al. 2017). Palm oil is an edible vegetable oil that is harvested from the African palm tree. Previously, the palm trees were found in Africa but due to the high demand for cooking oil, the value for the tree increased and this necessitated its massive and widespread plantations in various countries. Some of the continents to which the plants are currently found include North and South America and Asia especially Indonesia. The palm oil finds its use in various products ranging from edible to cosmetics, for example, it is found in bread and most of the processed foods as well as in makeups and soap. Despite finding widespread use in multiple fields, the palm oil remains to be controversial for various reasons.
Deforestation is one of the key reasons as to why the palm oil industries are bad. Between the year 1990 and 2008, palm oil production is estimated to have caused about 8% of the globe’s deforestation (Vijay et al. 2018). Palm oils do not grow by themselves in the plantations and this implies that they have to be planted. For plantations to be possible massive amounts of land needs to be prepared. Most of the lands to which the palm oil fields are grown are previously forests and this means that the forests need to be cleared to pave way for the plantations. Large acres of land that consists of natural forests are cleared and the land is left bare for the palm trees to be planted. The palm trees have a longer life duration that ranges from 28 to 30 years of production and this makes it a long time profit earning plant. However, as the year progresses, the plant grows tall and it reaches a point that the harvesting of the palm fruit is difficult. When this time comes, the palm trees are cut down to pave way for new plants and this cycle continues. More land is cleared for new plantations and in addition, the old plantations as well are destroyed and this leads to massive deforestations, clearing away the rain forests.
The palm oil is a massive project and this implies that large hectares of land is required to make the production effective. Finding such lands in a single geographical location is difficult and therefore the farmers do their best to attain such lands, especially in areas where the crop is estimated to do well. People are among the affected by the palm tree plantations as they suffer displacement as a result of forceful eviction from their original places where they called home. The original inhabitants are either forcefully evicted with no or little compensation and are left to find other places for settlements. Most of the people have their families and have invested largely on their pieces land but all of a sudden they are made refugees in their own land. With little compensation, it is difficult to move to a new settlement and settle fully as it takes time to adapt in a new habitat, far away from home. Thousands of people are displaced from the palm tree plantations and this makes the palm oil industries a controversial subject (Ardiyanti & Anwar, 2018).
Environmental pollution is yet another reason that makes the palm oil industries be referred to as bad (Parthasarathy et al. 2016). Forests are environmentally friendly and contribute a great deal in the maintenance of a self-sufficient ecosystem. Due to this, trees should be planted in abundance to enhance the cleaning of air and at the same time encourage the development of new species of trees and animals in the forests. However, this is not the case in the palm tree plantations. There are frequent logging to pave way for the new fields. The preparation of the new land includes burning of the targeted area and this has various impacts on the environment. Carbon dioxide is filtered by the trees and therefore, cutting them down means that the purification of air will be reduced. There is massive emission of the greenhouse gases into the atmosphere and this contributes to global warming. Besides logging, other strategies for clearing involves burning of the forests. Large amounts of carbon are released into the atmosphere in such cases and this means that it is a threat to maintaining a balanced ecosystem in the region. Carbon is harmful to both the environment and the people involved and therefore should be avoided as much as possible. Apart from the burning of the lands during preparation, most of the industries that are used to process palm oil still use non-renewable sources of energy such as coal which is known to emit huge amounts of carbon into the atmosphere. As previously stated, carbon is toxic and its production needs to be curbed, but this is not the case to the palm oil industries as they contributed heavily to the destruction of the environment through massive emission of carbon to the atmosphere.
Another ill associated with the palm tree plantations is the extinction of the wildlife (Petrenko, Paltseva & Searle, 2016). All the animals living in the biodiverse regions where the palm oil is to be prepared or has already been planted are at great risk of extinction. The deforestation causes the animals to lose their original habitats as they get displaces just like humans. During the production process, most of the animals in the region either get killed or injured for example the orangutans and the Sumatran tigers are among the most endangered species in these plantations. Other animal species that are on the verge of extinction include the Sumatran rhinoceros, clouded leopard, the sun bear as well as the elephants. The animals feeding on vegetation and to whom have their habitats in the rainforests are at a higher risk of extinction. The cutting down of trees also puts the animals exposed and at a greater risk of poaching. Illegal poaching contributes a large percentage of the extinction of the wildlife around the globe and this is not an exemption as the animals are already exposed. Most of the animal products such as the game meat, skins, hooves, and tusks are more valuable and a poacher will, therefore, pounce on unsuspecting animal ready to convert it to money. According to reports, most of the roads that are used for the transportation of the palm fruits and as well provide access to equipment and vehicles in the plantations as well acts as a throughway for the poachers, killing the Orangutans’ mothers and sell their siblings on the illegal wildlife markets. Some of the animals captured alive are sold as pets while others are forced to adapt to new environments such as orphanages and parks serving as tourist attraction animals. Other animals are killed due to human-animal conflict as they are found wandering into the villages in such for a better place as they flee the destruction in the forests.
Food security is another concern that arises from palm oil plantations (Balde et al. 2019). Most of the arable lands that can be used for the growth of food crops are replaced with the growth of large acres of palm trees that may take more than 30 years before being destroyed. The replacement of food crops with palm trees have a negative impact on food security. Despite the fact that cooking oil is profitable and that there are high demands for the product around the globe, food remains a major issue. With no food the population maybe weak and this means that they are prone to diseases and other malnutrition conditions. The replacement of the arable lands with cash crops means that a large population is exposed to starvation in the near future and thus will rely on food aid for their sustainment. Relying on food aid keeps a nation in a state of overdependence and may cost the nations a big lump sum in the importation of food. Most of the profits obtained on the palm oil, therefore, will be directed in the importation of food and other essentials that could rather be produced in the farms. It is, therefore, a controversial issue especially when one is left to choose between the palm oil production and its replacement with food crop to sustain the nation’s food security. A hungry state is unable to conduct its normal duties as the human resource personnel needs the energy to conduct their daily activities which may be halted by hunger. The palm oil production issue, therefore, needs to be looked into again to deliver the nations from crippling.
Health is the utmost goal of every individual in the globe. People need to live a healthy life that is free from injuries, pollution, and illnesses. However, this might not be the case with the people living and working in the palm tree plantations. During preparation, the forests are burnt down and there is a greater probability that people are used to igniting fires deep inside the forests. There are many dangers that may arise when a person is alone in the forest and this may include an attack by wild animals as well as get fried by the same fires they are starting. Besides, a person may get lost in the process and go untraced. During harvesting, the cases of injury may be highly prevalent in that people may be used to climb the tall palm oil trees to get the fruits (Qureshi et al. 2019). Climbing such heights without protective gears puts a person at the risks of death and injuries. It is very possible for a person to fell off a tree without climbing tools and this may maim the person thus putting a dot to their health. During processing, the highest dangers arise, people living around the processing industries may suffer many illnesses such as cancer and lung diseases that are as a result of the industrial chemicals and emissions into the air. Most of the effluents from the factories are discharged into the water sources polluting the water and thus puts the lives of the water users into greater risk. The presence of the palm oil industries is, therefore, a great deal to the health of the people working both in the fields and in the industries.
Labor is one of the factors of production and therefore is an essential component in the production of the palm oil. Right from stage one, human labor is required and this means that a lot of people are hired to provide labor to the plantations and industries. As it is the norm of businesses, making profits is the utmost issue and therefore a company will have to minimize its expenses to maximize the returns. Adult human labor is expensive and this can be attributed to their high bargaining powers. Children on the other side are on the receiving end as they have no bargain abilities. Children are contented with less amount of money as they have not known the real value for money. Due to this, most of the laborers in the farms are children as they are able to climb the trees with ease, follow instructions and above all, provide cheap labor. Most countries don’t have proper laws that prohibit the exploitation of children in the labor market. Indonesia, for example, has laws that protect child labor but the law stipulates that the minimum age is 15 years while those of ages 13-15 can perform minor tasks (Djone & Suryani, 2019). Age 15 is very low and these people are still minors and this implies that the government of Indonesia allows for child exploitation in the plantations which is child abuse.
The palm oil plantations have been helpful to many despite posing a significant threat to their lives. People living in poverty especially in the developing countries have greatly been assisted and this means despite the low wages and displacement, the locals are able to earn something even if not enough to fulfill their daily needs such as food and cloth purchases. Millions of small scale farmers have been provided with job opportunism and this has greatly assisted them to escape from poverty. Palm oil is the best type of vegetable oil to produce. The palm oil tree is a super-efficient crop and this implies that a lot of palm oil can be produced per area of land compared to other crops such as the soybean as the life expectancy for the tree is longer ranging from 28-30 providing more years of productivity.
Various solutions can be used to mitigate the current situation especially at this point where the demand for palm oil is expected to rise in the near future. Environmental pollution is one of the greatest challenges posed by the palm oil production and process due to the emission of carbon and its compounds to the atmosphere, leading to global warming effects due to increase in the level of greenhouse gases. To reduce environmental pollution, the processing industries need to adopt the use of renewable sources of energy such as electricity to avoid emitting carbon dioxide into the atmosphere. Another way that the industries can minimize pollution to the environment is through waste treatment before discharging it into the rivers to make less toxic and through this, they can help reduces illnesses among the populations as well as reduce the death of aquatic organisms that results from industrial discharge.
Child labor laws need to be strengthened, increasing the age of eligibility to 18 years and above as the age of 15 makes it possible for the plantations to exploit the children as they provide cheap labor. Intercropping is another solution that can be applied to reduce hunger incidences. Taking in mind that large hectares of land are put under palm oil production alone, a large number of people may be on the verge of starvation and to minimize this, food crop farming should be advocated. Food crop farming can be done either through intercropping or the government may set aside certain pieces of land for food crops to make sure that the nation does not suffer hunger.
Deforestation has been another major challenge that has seen the displacement of people and animals from the initial habitats. To prevent further deforestations, the government should enact laws that clearly stipulates the necessities for land being put into palm oil plantation. Some of the laws may include having a certain amount of land planted with trees while the other with the cash crop. Besides, the government should discourage clearing of the fields through burning as it contributes to the emission of carbon in the atmosphere and encourages safer methods of clearing, to as well preserve the ecosystem as minimal species will be lost. Concerning the wildlife issue, the government should institute laws that require government notification of a certain piece of land potential for farming to make an assessment to see to it whether it should be used for farming or left out to the wild.
ReferencesArdiyanti, D., & Anwar, A. (2018). The Dilemma of Human Security on Palm Oil Plantation in Indonesia. Jurnal Hubungan Internasional, 7(1), 60-68.
Azhar, B., Saadun, N., Prideaux, M., & Lindenmayer, D. B. (2017). The global palm oil sector must change to save biodiversity and improve food security in the tropics. Journal of environmental management, 203, 457-466.
Balde, B. S., Diawara, M., Rossignoli, C. M., & Gasparatos, A. (2019). Smallholder-based oil palm and rubber production in the forest region of Guinea: An exploratory analysis of household food security outcomes. Agriculture, 9(2), 41.
Djone, R. R., & Suryani, A. (2019). Child workers and inclusive education in Indonesia. International Education Journal: Comparative Perspectives, 18(1), 48-65.
Parthasarathy, S., Mohammed, R. R., Fong, C. M., Gomes, R. L., & Manickam, S. (2016). A novel hybrid approach of activated carbon and ultrasound cavitation for the intensification of palm oil mill effluent (POME) polishing. Journal of cleaner production, 112, 1218-1226.
Petrenko, C., Paltseva, J., & Searle, S. (2016). Ecological impacts of palm oil expansion in Indonesia. Washington (US): International Council on Clean Transportation.
Qureshi, S. S., Nizamuddin, S., Baloch, H. A., Siddiqui, M. T. H., Mubarak, N. M., & Griffin, G. J. (2019). An overview of OPS from oil palm industry as feedstock for bio-oil production. Biomass Conversion and Biorefinery, 1-15.
Vijay, V., Reid, C. D., Finer, M., Jenkins, C. N., & Pimm, S. L. (2018). Deforestation risks posed by oil palm expansion in the Peruvian Amazon. Environmental Research Letters, 13(11), 114010.
The Palace Of Versailles Architecture
The Palace Of Versailles Architecture
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The Palace Of Versailles Architecture
Introduction
It shall offer an overview of the history of the palace of Versailles including when it was built and notable figures behind its creation. It shall also provide a thesis statement.
Thesis statement: Versailles is one of the most significant examples of Baroque architecture since it is characterized by extravagance in music, literature, and architecture and represents a veritable manner of thinking that enhanced diversification of decorative elements, for instance, stucco arabesques, gilding, and Trompe-l’oeil.
Chapter 1
Background: Offer information about the palace of Versailles, the place it was constructed, the period of construction and King Louis.
King Louis XIV: offer information about King Louis and his position in France. Besides, the chapter offers discussions about his fascinations with Versailles and its constructions.
King Loius move to Versailles: Provide reasons why the king moved and the political controversies that surrounded.
Geographical Surrounding: offer insights on how the geographical surrounding influenced the constructions of the place and also the activities in it.
Chapter 2
Loue Le Vau’s Architecture and Hardouin Mansart: Describe the architectural designs of Loue and explains the reasons why Jules was involved in the construction of the palace
Baroque architectural features: It describes important aspects of Baroque architecture such as buttresses, arches, and vaults.
New architectural additions: Explain additions such as grand Trianon, Orangerie and Petit Trianon.
