Effects on Individual Preparation for Work

Effects on Individual Preparation for Work Individual Assignment- Three Future Trends Lim Mei Nuan This assignment will talk about the three future trends that will have positive effect for an individual preparation for work and how one of it has the most impact for an individual to prepare for work. Three future trends that I will discuss are the â€Å"use of new technologies for training delivery†, â€Å"increased emphasis on capturing and sharing intellectual capital† and â€Å"increased use of true performance support and social learning†. Nowadays, the growing and use of new technologies is continuously changing and this can show that the use of new technologies in learning will be taking place. Increased uses of new technologies will definitely help students to gain knowledge and better prepare for the workforce. However, not every individual will accept the increased use of new technologies into the learning environment. Therefore, effective learning will attract an individual to increase use of new technologies (Winn, 2002). This is because effective learning can be occurred through informal learning (Roy, 2010). Informal learning means the learner controls the learning process that includes when to start an action and this process will not involve an instructor or a trainer and totally control by the learner (Noe, 2013). Informal learning is the critical aspect for increased use of new technologies; this is because it involves the student interactions with the peers and lecturer, sharing experience and knowledge o f study (Winn, 2002). This informal learning can happen through different methods, such as e-mail and social networking websites (Noe, 2013). Furthermore, this will become more usual as combined social networking tools and Web tools to create this easier to implement (Roy, 2010). Thus, this can increase use of new technology and also can increase emphasis on capturing and sharing intellectual capital. Nevertheless, informal learning can help students to increase the chance for learning and sharing knowledge (Allen Lewis, 2006). Students will know how to social interaction with others by using the social networking that allows the students to enhance the collaboration with peers and lecturer, increased informal learning and discussion. Social interaction can help the student to use time productive because students can learns knowledge with and others through the social networking platforms (Brotherton, 2011). This also can be explained that social learning can help students to share their knowledge, experiences and information through social networking tools (Noe, 2013). This assists students to gain more knowledge compare to previously they must attend class only can obtain information. Students are not required to spend time to travel to school or college and they can directly get knowledge through social networking platforms and Web tools. Furthermore, all learning process will become very easy and convenient because the student can use social networking tools such as iPhone, iPad and notebooks to gain knowledge. Therefore, increased use of true performance support and social learning can bring a huge impact for students to gain more knowledge and experience. Increased the use of new technologies such as the Internet can promote the collaborative activities in college and this can increase the students to engage in the activities and encourage to talk in class and knowing more information about the subject (Goldman et al., 1996). This can be said that when increase the use of new technologies, will increase emphasis on capturing and sharing intellectual capital and thus will increase use of true performance support and social learning. All these new sets of future trends should include in the learning environment to help students to prepare for the future. The most important future trend is increased use of new technologies for training delivery. The use of new technologies is not only preparing students to step into the workplace it also enhances students to learn new information and to think critically when using new technologies (Kidwell, Linde Johnson, 2000). Increased use of new technologies can increase the student’s critical thinking skills and this can produce high productivity for the task (Wang, 2012). An organization is looking for an individual who can solve problems critically, can communicate well with others about ideas and information and those can collaborate with colleagues (Beers, 2012). Higher education institutions are using the technologies to enhance the student’s social learning, performance and intellectual aspects (Kidwell, Linde Johnson, 2000). For instance, many universities are using e-learning to deliver the educational material through electronic media such as internet, video/audio tape an d CDs. By using the new technologies for training delivery, the content is easy to understand, easy to access and easy to update the information (Beers, 2012). It also can help the student to perform the task in an efficient and effective ways (Chizmar Walbert, 1999). Through the e-learning, it can give the student the flexibility in where and when they want for accessing the educational material (Song, Singleton, Hill, Koh, 2004). Research had shows that students who are used to the new technologies to create an electronic school yearbook were having a high level of confidence and more active in the task commitment (Liu, 1998). This result indicates that used of new technologies can have a positive effect on the students. Utilizing technology can enhance the students to share their knowledge with others and increase the development for the workplace (Kidwell, Linde Johnson, 2000). For example, this can increase the productivity and the quality of work, enhance the collaboration with colleagues and increased the motivation of the students and all of these can help the students to prepare in the workplace (Chandra, Theng, Lwin, Foo, 2009). In 21st century, many students cannot apply what they have learned from the college into the real world problem (Daggett, 2010). This problem can overcome through the uses of technologies. This is because technologies tools can provide students to apply the theories in the different settings. According to Scheffler and Logan (1999) stated that integrating technology can help students to analyze, evaluate and applying the theories and the knowledge into a real life situation. It means that it uses technology tools to sustenance the learning objective and enhance the student problem solving skills and critical thinking skills. In this digital age, teachers and educators play an important role to help students to be well prepared to enter the workforce. This is because teachers can use of new technologies as supporting tools to help them to enrich their teaching method and increase the student learning (Koc, 2005). Teachers should help students to utilize the technologies tools in a proper way (Koc, 2005). Technology should be used effectively and consistently in the learning environment and teaching materials can be delivered through technology tools to help the students to improve their study (Schwarz, 2000). For example, teacher can play a short video clip for helping the students to understand the concepts and theory through the visuals. It also can aid the teachers to benefit the student to build networks with other countries (Davidson, 2000). Sinclair (2009) reported that the effectiveness of technology in the classroom is depends on the teacher competency levels and how the teacher uses the technolog y. Furthermore, teachers should create awareness for the students to know about why technology is being used and explained to the students that how this new technology can help them in their learning process (Sinclair, 2009). Research shows that there is a positive effect for students learning in mathematics and science through technology tools (Roschelle et al., 2000). This shows that teachers and educators should always use technology tools in teaching and learning to help students to make use of these tools. Therefore, teachers should practice using the new technologies in the teaching process. In addition, the collaboration between universities and industry is important for the lecturer and trainers to upgrade and widening their knowledge as well as the capability to use the new technologies (Kidwell, Linde Johnson, 2000). This can build the foundation for the lecturer and trainers to use the new technologies and also for students (Matthew, 2014). This foundation can also increase the awareness of and the experience to use the new technologies effectively (Matthew, 2014). Moreover, it can help lecturer and trainers to build confidence and knowledge when using the new technologies (Matthew, 2014). Therefore, it provides direct information and the current knowledge for the lecturer and also for the students. Moreover, students should ne advances using tacit knowledge in order to use the new technologies in an effective way. This is because tacit knowledge includes personal experience and ideas and relationship with other people, it is very difficult to explain it out or write it down (Kidwell, Linde Johnson, 2000). Tacit knowledge is important in various high-tech productions such as electronics, telecommunication and aircraft production all are based on tacit knowledge (Rosenberg, 1982; Vincenti, 1984). Therefore, advances using tacit knowledge can improve an individual to prepare for work in the future. Technology not only can use an educational tool for teachers and students it also can be implemented into the curriculum. This can serve to enrich the understanding and increase the academic performance of the students (Klein, 2010). Past research had shows that implemented the digital technology into the curriculum can help students to participate and increase their motivation to involve in the activities, and increase the student decision making skills (Abbott Shaikh, 2005). This result shows that it helps students to engage in the activities and motivated the students to involve in the whole process. Therefore, implemented the technology into the curriculum can prepare the students before enter into the workplace. In conclusion, problem solving skills, critical thinking skills and can work collaborative with other people are very important to help students to be well prepared to enter the workforce. Teachers and educators can guide students and provides students to use the new technologies in an effective and successful way. Reference Abbott, C., Shaikh, A. (2005). Visual representation in the Digital Age: Issues arising from a case study of digital media use and representation by pupils in multicultural school settings. Language Education: An International Journal, 19(6), 455-466. Allen, B., Lewis, D. (2006). Virtual learning communities as a vehicle for workforce development: A case study. Journal of Workplace Learning, 18(6), 367-383. doi: 10.1108/13665620610682099 Beers, S. Z. (2012). 21st century skills: preparing students for their future. In STEM Education Coalition, 1-6. Retrieved from http://www.yinghuaacademy.org/wp-content/uploads/2014/10/21st_century_skills.pdf Brotherton, P. (2011). Social Networks Enhance Employee Learning. T+D, 65(4), 18-19. Chandra, S., Theng, Y., O. Lwin, M., Foo, S. (2009). Examining the role of cognitive absorption for information sharing in virtual worlds. Conference Papers — International Communication Association, 1-33. Chizmar, J. F., Walbert, M. S. (1999). Web-based learning environments guided by principles of good teaching practice. Journal of Economic Education, 248-264. Daggett, W. R. (2010). Preparing students for their technological future. International Center for Leadership in Education. Retrieved from http://www. leadered. com/pdf/Preparing Students for Tech Future white paper. pdf. Davidson, S. (2000). Teaching with the world wide web. Phi Delta Kappan, 37, 13-16. Goldman, S.R., Petrosino, A.J., Sherwood, R.D., Garrison, S., Hickey, D., Bransford, J. D., Pellegrino. (1996). Anchoring science in multimedia learning environments. In S. Vosniadou, E. De Corte, R. Glaser, and H. Mandl (Eds.). International perspectives on the psychological foundations of technology based learning environments. Hillsdale, NJ: Lawrence Erlbaum Associates. Kidwell, J. J., Linde, K. M. V., Johnson, S. L. (2000). Applying corporate knowledge management practices in higher education. Educause Quarterly, 4, 28-33. Klein, J. D. (2010). When you cant bring your classroom to the world, bring the world into your classroom. Youth Media Reporter, 486-88. Koc, M. (2005). Implications of learning theories for effective technology integration and pre-service teacher training: a critical literature review. Journal of Turkish Science Education, 2(1), 2-18. Liu, M. (1998). A study of engaging high-school students as multimedia designers in a cognitive apprenticeship-style learning environment. Computers in Human Behavior, 14, 387–415. Matthew, H. (2014, July 2). Further Education Workforce Strategy: The Government’s strategy to support workforce excellence in further education. Department for Business, Innovation Skills, 1-29. Retrieved from https://www.gov.uk/government/publications/further-education-workforce-strategy Noe, R. A. (2013). Employee Training and Development (6th ed.). New York: McGraw-Hull. Rosenberg, N. (1982). Inside the black box: Technology and economics. Cambridge, UK: Cambridge University Press. Roschelle, J. M., Pea, R. D., Hoadley, C. M., Gordin, D. N., Means, B. M. (2000). Changing how and what children learn in school with computer-based technologies. Children and Computer Technology, 10(2), 76-101. Retrieved from http://www.futureofchildren.org Roy, J. N. (2010). Transforming informal learning into competitive advantage. T + D, 64(10), 23-25. Scheffler, F., Logan, J. (1999). Computer technology in schools: what teachers should know and be able to do. Journal of Research on Computing in Education, 31, 305- 325. Schwarz, G. (2000). Renewing teaching through media literacy. Phi Delta Kappan, 37, 8- 12. Sinclair, G. B. (2009). Is Larry Cuban right about the impact of computer technology on student learning? Nawa: Journal of Language Communication, 3(1), 46-54. Song, L., Singleton, E., Hill, J., Koh, M. (2004). Improving online learning: Student perceptions of useful and challenging characteristics. The internet and higher education, 7(1), 5970. doi: 10.1016/j.iheduc.2003.11.003. Vincenti, W.G. (1984). Technological knowledge without science: The innovation of flush riveting in American airplanes, ca. 1930-ca. 1950. Technology and Culture, 25(3), 540-576. Wang, V. (2012). Encyclopedia of E-Leadership ,Counseling and Training. Hershey, PA: IGI Global. Winn, W. (2002). Current trends in educational technology research: the study of learning environment. Educational Psychology Review, 14(3), 331-351.

Book Review Of Star Wars: X-wing Rogue Squardron :: essays research papers

Book Review of Star Wars: X-Wing Rogue Squardron Dan Boughen 9A The title of the novel is Star Wars : X-Wing Rogue Squadron. The author's name is Michael A. Stackpole. The type of book is fantasy / adventure. Main Characters A) Corran Horn : Corran is a pilot in training for the Alliance or the Rebellion. He is the best rookie pilot on the Rogue Squadron. He is a silent person who does not like the social life but does like the spotlight once in a while. He was a CorSec security officer on the planet Correlia in his late teens'. B) Kirtan Loor : Kirtan is a cold, isolated man that lives on the planet of Churba. He is a high ranked officer for the Imperial Army. He later gets promoted to a commanding officer and sits on the right side of the head leader of intelligence for the Emperor. Setting : The setting first takes place in the Rebel's secret base. The setting then moves to a swamp planet by the name of Imdaar. The setting then moves to Imperial headquarters on the planet of Coruscant. Plot Summary : Corran and his new partners are given a limited amount of training time and are sent out on a mission in just weeks of forming the new Rogue Squadron X-wing fighter group. This book switches the first-person perspective between Corran and Kirtan Loor. While Corran and the Rogue Squadron are off fighting TIE fighters and Star Destroyers, Kirtan is hunting down information on the squadron and it's pilots. Personal Reaction : I found this book a little hard to read because of the long complicated sentences and the complex words Michael Stackpole chose for his book. I would say the reading level would probably be around grade 11 or 12 because of the intricate words and long sentences. I liked this book because it not only was exciting and kept me on the edge of my seat, but because of the easy to

Tally

TALLY . ERP9 FEATURES Advantages of Tally. ERP 9: †¢ Powerful remote capabilities that boost collaboration †¢ Easy to find qualified personnel †¢ Easy to customize †¢ Low cost of ownership via quick implementation, Tally Integrator, Support Centre†¦ Functions & Features: Accounting All your accounting requirements are supported and more. Accounting, also known as bookkeeping, is the recording and classifying of financial transactions into the books of accounts and associated registers.Let us look at the some of the ‘needs' for which businesses maintain books of accounts: †¢ To fulfill legal requirements – records as per standards and practices †¢ To pay taxes to various bodies – statutory needs †¢ Keep the business running – manage receivables & payable, cash, bank†¦ †¢ Keep a watch on the pulse of the organization – key performance indicators †¢ Respond to queries – to locate the right tr ansaction immediatelyWe have been perfecting this ‘simple' recording – accounting – from over twenty years. All this to deliver better, faster and more flexible ways to fulfill your needs, not just maintain books of accounts. A few examples will illustrate: †¢ With the entry of a voucher (this is what we call all accounting transactions) all books of accounts, all reports, all totals & sub-totals are updated instantly.There is nothing more that needs to be done – whether you are inserting a forgotten entry, or correcting one †¢ Taxation requirements of all the states of India are available, in the prescribed formats †¢ Supporting tasks like reminder letters, delayed interest, ageing, bank reconciliation †¢ One single dashboard to look at all important business ratios †¢ Drill down from any report, even the Balance Sheet, right to any voucher or filter and search †¢ Data entry in the language of the users choice – and re port in any other language (from the languages supported) †¢ Mark vouchers that are draft as ‘optional' and convert these to final- with one button click Financial Management & Controls Tally. ERP 9 comes with rich features & financial reports that give you the necessary management and control of your business. A few of these are listed below: †¢ Funds Flow & Cash Flow reports – help you ocate bottlenecks †¢ Bank reconciliation – keeps your bank books in sync, and identify unclear instruments †¢ Customer Credit Limits – to limit risk of default and large losses †¢ Budgets – keep tabs on projected expenses against actuals †¢ Mark vouchers postdated – these will reflect into the books of accounts only on/after that date †¢ For needs where reports have to consider a transaction that has not happened (say salaries for this month that get paid the next month) vouchers (called ‘reversing journals') can be ma rked to ‘disappear' for reports post a specific date †¢ â€Å"Scenario† management – helps you with your business forecasting and planning. You can use optional, reversing journals and memorandum vouchers, to aid in recording provisional entries that are useful for interim reports †¢ Multiple inventory valuation. You can decide one valuation method for the business, and be able generate financial reports using any other valuation method – as the statutory method may not be appropriate for your needs, your bankers and for other decisions †¢ Cash balances can go negative – you can get warned if this is about to happen, or see reports and make the necessary corrections Several business exceptions are available (negative stocks, negative ledgers) – for you to exercise control over these activities †¢ A one-screen business ratios with drill down right up to the transactions – help you to correct course frequently †¢ Item wise & document wise profitability statements to control revenue leakage and inappropriate pricing †¢ Internal audits are supported with audit controls – authorized users can mark vouchers as ‘audited' and can get to see reports on changes made post audit, and the name of the person making the change Inventory Accounting & Management If you deal in goods, of any type, you'll appreciate the Inventory capabilities in Tally. ERP 9.You can comprehensively record all types of inventory transactions, using goods receipt notes, delivery notes, stock journals, manufacturing journals and physical stock journals. All stock movements are fully recorded and maintained in stock registers. Developed for all manufacturers, distributors, wholesalers or traders a small list of features are briefly described below: Manufacturers: †¢ Bill of materials and Manufacturing Journals, to record material conversions †¢ Compound bill of materials support, for units that conta in assemblies †¢ Multiple locations (go downs) †¢ Excise for manufacturers, including all documentation and invoice †¢ Costing for jobsDistributors ; Wholesalers: †¢ Multiple price lists, with effective dates of applicability †¢ Use multiple units of measure (say KG's & grams) †¢ Dual units of measure (say KG's and bags, to support variations as happens in commodities) Traders: †¢ High speed billing, with support for POS printers †¢ Bar code support †¢ Automatic application of taxes †¢ Service billing ; service tax †¢ Integrated sales return in bills †¢ Print bills (and any other document) in the customers language Common: †¢ You can choose to de-link the computed inventory value to automatically appear in your financial statements – and enter this figure manually. †¢ Stock ageing reports, to identify slow and non-moving stocks †¢ Invoice profitability reports to keep a pulse on sales †¢ Multi-cur rency transactions – buy and sell across the world – with integrated forex gain/loss calculations †¢ Physical stock take records to adjust physical vs. actual stocks †¢ Maintain batch ; expiry details Purchases ; Payable's: from Order to Payment Tally. Read also Recording General Fund Operating Budget and Operating TransactionsERP 9 delivers the entire purchase cycle whether the need is the complete purchase order goods receipt – rejections & returns – advances, debits & payments or a single payment entry, fulfilling all needs. To ensure that you have the right stocks and minimize carrying costs, Tally. ERP 9 delivers the following to improve purchase orders: †¢ Define Re-order levels as a definite number or based on consumption †¢ Define minimum quantity to order as a definite number or based on consumption †¢ Pull up a report that shows the stock position, including complete details of open purchase orders, sales orders that need to be fulfilled – check on past purchase history, and then place orders †¢ Optionally stagger delivery dates in the POWhen receiving goods: †¢ Make entries in accordance with supporting documentation, including errors your suppliers could have made (say of mu ltiplication & round off) †¢ Incorporate additional costs †¢ Automatically manage input taxes †¢ Flexibility allows receipt of goods, quantities and rates different from that ordered – since this is common in real life †¢ Record samples & free items (using different ‘actual' & ‘billed' quantities) †¢ Multiple receipts for one order or one receipt for multiple orders, or against verbal orders In case there is a need to add other costs (say coolie and cartage) these additional charges can be apportioned to the cost of goods purchased. Supplied goods may not match your needs and these are managed by the ‘Rejections Out' inventory voucher. Supplier dues, input taxes and inventory positions are updated.Suppliers often indicate likely profits, which may not be met. In case such assurances are made, you can look at Item profitability reports, and get the facts right. You could then negotiate a rebate and record this as a debit note. Keep ta bs of how much is due to whom, when. Manage advances, payable s & postdated checks. Ensure there are no errors in payments – print checks from Tally. ERP 9. Sales & Receivables: from Order to Receipt The lifeline of a business, efficiencies in sales operations, both of goods & services, directly impact growth and profitability. The need to optimize and keep a close watch here requires exceptional capabilities from your business IT system – and Tally.ERP 9 meets these demands. The sales process is supported with the following documents: †¢ Quotations – records of quotes †¢ Sales orders – accepted customer orders †¢ Deliver Notes – documents that accompany goods †¢ Sales Invoices/Cash Bill – to record the sale †¢ Credit Notes – for financial adjustments †¢ Rejections in – for goods returns †¢ Receipts – for advances and receipts Do you have cash sales (sales across the counter)? With supp ort for Point of Sale printers, bar codes and receipts in multiple tenders, you POS enable your business at no additional cost. Product sales may come with added services – and the integrated product & service billing will close this.Enforce credit limits, where needed. Along with the Payment Performance of Debtors report you can identify persistent problems and take necessary business decisions. Interest for delays & reminder letters aid in collection. For businesses engaged in Excisable goods, you get full support for Excise for Traders & Manufacturing Excise – matter of fact a business could be both! Make multiple deliveries from one order, or one from multiple orders – this common need is available across all documents of the sales process. Do you have multiple classes of customers? You can easily setup multiple prices (even in advance and specify the date from which they are effective).Discounts against the line, or for the document, additional charges as a percentage or lump sum, automatic round off of bill totals, automatic computation of VAT & Service tax, returns & exchanges are all available. Need to verify that you are making the desired sales margins? Item wise and bill wise profitability reports will help you keep tabs. Multi-company A set of account books represents a ‘company' in Tally. ERP 9. Therefore, if you decide to maintain your personal accounts you would create a ‘company'. Many businesses do have more than one legal entity – and so will require multi-company support. Since each company is a distinct ‘data base', building technical support for this is not difficult.However, with multiple companies, several needs often arise beyond the mere facility to record transactions that need to be addressed,. Principally, you would like to look at consolidated reports since these are often more meaningful to you than statutory reports of each company individually. You can therefore ‘group' compani es and have the reporting ability as if this were a ‘company'. You could also ‘group' these on demand or as required. So Partner A, could group companies in which he is a partner (say Companies P, Q ; R) and Partner B could have a group with Companies Q, R ; Y. With multiple companies, you would probably need to compare them to see relative figures. In Tally.ERP 9, while seeing a report for Company P, you could pull up another column alongside that shows figures from Company Q (and any more companies). You can now continue to drill down the report and continue to see these comparisons. Quiet often with multiple companies, the need arises to create the same ledgers ; post transactions to more than one company. This can be accomplished with the click of a few keys – you save immense time by not having to re-enter data and avoid data entry errors. In special circumstances, where there are needs like a Purchase Order entry becoming a Sales Order in another company, ou r Service Partners will be able to work with you, understand specific requirements and build a solution around the Data Synchronization capability.Security: With multiple companies, possibly including personal accounts, you may need to control who gets access to which companies, and to do what. You can set up users, grant or deny access and these are defined for each company. Remote Access: You choose to specify which company is accessible remotely. You choose which remote users have access; you decide what access a remote user gets. Central User Management: Users come and go. You might also have a password policy requiring users to change passwords every few weeks. You can take advantage of the ease of central user and password management that Tally. NET identities carry – and even remotely manage these while not in office. Multi-Period A ‘financial year' is truly suited to business reporting and statutory needs.In reality, business spans across financial years, so â⠂¬Ëœreal needs' get constrained by these financial periods. As an example, receivables (Sundry Debtors) is an area that is frequently plagued by ‘confusion' the need to send reminders, resend statements of accounts and persistent follow up – may require that you need to look at figures from date ‘x' to date ‘y' – and one or more financial periods can be between these two dates. With Tally. ERP 9, you can specify any date range and perform any operation that you need to. Comparison of Periods, say Q2 this year vs. Q2 last year, often required for shareholder and statutory reporting are easily accomplished. You may also need to break up periods into smaller chunks, instead of the ‘year'.While looking at the reports, you can instantly view them broken into periods of your choice (daily, monthly, quarterly etc). For studying trends, locating unusual figures, or comparing activities for different periods, this is invaluable. Take the case of budgets. Say for a five year long project – and for various ledgers you need to have a budget set up for five years, another for each year, another two that are 2 ? years†¦ you can setup such budgets, and compare budget vs. actual for any! In effect you can ‘zoom out' as well as ‘zoom in' to any period of your choice. Any changes made or a transaction inserted anytime, are instantly carried forward – no matter how far back these are made (from a security standpoint, you might need to restrict data entry or hanges to transactions prior to a specific date – this is available via the User security control features). Multi-Cost/Profit Centers As a business transacting in multiple currencies, you will appreciate the effortless usability of Tally. ERP in this area. Say, you make purchases from a supplier, and transact in a currency different (say $) from that of your base currency (say INR). You'd like to keep track of the dollars due, as well as the $ amount s due for each bill. This way you get to know your foreign currency requirements as well as cross check the accounts in $. At the same time you would want to see outstanding and other financial reports in INR.Since this figure depends on the exchange rate as on the date of the report, generating these are time consuming. With Tally. ERP 9 all reports are generated automatically – all that is needed is that the forex rates be available for reference. Foreign exchange gain & loss entries are ‘posted' automatically (as a notional entry), whenever any report is taken. The day you decide to make these entries regular (say end of the financial year) you can post the required accounting Journal (with software assistance). Importers and exporters maintain bank, customer & other accounts in foreign currencies (like the example of the supplier) – you can maintain these in any currency required.As a branch or subsidiary of a foreign entity, or for reporting, you may need to generate reports in a currency other than the base, at some exchange rate. This capability is available across all reports. You may need to compare companies having different base currencies – switch one company to use the currency of the other, or switch them both to a third! Basically, every amount field in a Tally. ERP 9 voucher is multi-currency enabled. This allows you to conduct business in ways that manual systems permit and most IT systems fail to provide. It is possible for a supplier to, say, send a quote for items in INR, some in US$ and some in â‚ ¬. Multi-units Most businesses will use several units of measure, even if the belief that just one (pieces) is used.Take purchases – you could order in the units you are comfortable with, and you receive goods in a different unit – for e. g. , order in Pcs, receive in KG's. Similarly you could record sales in the units that your customer is comfortable with. The flexibility of this ‘compound' unit of measures is to ensure that Tally. ERP 9 does not get in the way of your way of working. Like in the case of multi-currency, every quantity field is inherently multi-unit ready. Some commodities, say cotton, have ‘peculiar' problems – the unit of stock used for this commodity is ‘bales', yet trade is in Kg's. With changes in weather, cotton looses or gains weight due to changes in moisture content.If you used Kg's for your records, you would loose the ability to manage stock count and stock take of bales; if you used bales, you would have a mismatch in the actual quantity transacted. This problem is compounded in real life – since each bale carries a different weight of cotton. With Tally. ERP 9 you can manage all these, with the support for multiple units of measure. Now, you can record both units in transactions – Kg's and bales at the same time. Stock valuation will be done in Kg's; inventory count can be managed in bales! You receive some supp lies – the Invoice shows 5 Pcs. and the actual count shows 6 Pcs.! Were you to enter your receipt as 6 Pcs. there will be a mismatch with the voucher and physical document which will result in an audit objection. Entering as 5 Pcs. would mean that one piece is not recorded†¦ Tally. ERP 9 supports ‘actual' and ‘billed' quantities – thus delinking the inventory count from the financial impact of the transaction. With this you can also receive and deliver free samples and manage the many variations that occur now and then. Therefore compound units, alternate units and billed/actual quantities should deliver the capabilities needed for most, if not all, of your requirements. Multi-Location Inventory Even the simplest of organizations will have inventory in more than one physical location.As organizations get bigger, inventory will require active ‘management' with more warehouses (go downs, as we call it in India), racks ; shelves and stocks at projec t locations. Take the case of multiple sales outlets, each with one go down. Each purchases items at different prices and sells them over time. You need to take a call on the value of stocks at each of these outlets as if they were independent units – and not apply the company average. With Tally. ERP 9, each outlet will act as an independent unit from a costing perspective. Sales from each outlet will reflect the appropriate cost, and not the company average (which can skew profitability of both outlets).Seen at the company level, the cost behavior ignores these go downs – making reports and financial analysis appropriate at that level. Go downs can contain go downs – to allow management to the bin level. For various jobs (projects) and sub-jobs, the use of go downs and cost centers in Tally. ERP 9 give a high level of reporting and analysis – on inventory and financial aspects of jobs. Multi-Budgets ; Scenarios Budgets are a measure of the results expec ted for the planned activities for a company. Whether you formally plan budgets or not, you will be working against several budgets – Revenue, Production, Expense, Financial, Investment and so on. Once these budgets are recorded, you would periodically want to check up how your business measures up against this plan.And once you get a handle on the variance, you would probably take decisions on course corrections – record possible outcomes of these changes (as scenarios) and compare against the budgets once again. This is a powerful planning mechanism that provides the flexibility to work in a changing /dynamic environment. With Tally. ERP 9, you can set up any number of budgets – and to make this easy, budgets can roll up into ‘group' budgets and these can roll up again into ‘master' budgets: the people who come up with the budgets can make entries and the roll-up is automatic (and can be overridden at the rolled up level as well). While viewing any report, you can choose to pull up the budgeted figures as well, along with a variance column. You could just as easily pull up budget figures alone – and make these available to various people.A ‘scenario' is the name given to a specific combination of vouchers that will be included to deliver a report – you can include and exclude different voucher types and build as many scenarios as needed – say one where a product launch is on time and another where it is delayed by three months. You could then view actual figures against a scenario. You could also see the variance between a scenario and the budget! Budgets and Scenarios are powerful tools when used by themselves; used together they deliver unprecedented power to help plan ; monitor your business. TALLY REPORTING ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?Modifying Reports (Options) Balance Sheet Profit ; Loss Account Stock Summary Trial Balance Day Book Cash Book P etty Cash Book Bank Book Journal Register Ledger Purchase Register Sales Register Ledger-wise Outstanding Reports Interest Receivable Interest Payable Cost Category Summary Statistics Stock Transfers Stock Valuation Methods BOM – Cost Estimate Daily Balance of Cash/Bank Book Stock Query Negative Stock Item Movement Analysis Stock Ageing Analysis Multi-Column Cash Book Purchase Register-Extract Sales Register-Extract Cash Flow Summary Funds Flow Summary Budgets Overdue Receivable Overdue Payable Age-wise Receivable Negative Ledger Debit Note Register Credit Note Register Reminder Letter Confirmation Letter ? Comparative Profit and Loss Account ? Vertical Balance Sheet with Working Capital ? Comparative Quarterly Balance Sheet ? Income ; Expenditure Statement

Free Essays on Search For The Giant Squid, Book Report

The Search for The Giant Squid Richard Ellis author of â€Å"The Search For The Giant Squid† has put together an amazing book on such a hard topic. It was easy to read, filled with not only just his stories of this creature, but he also added history, myths, biology, and even included the movies and books written on the giant squid. The illustrations and pictures helped to understand the size of the sea creature. The giant squid, genus Architeuthis, was first sighted in1545 in Denmark. Last recorded seen was 1996 Japan. Architeuthis, are believed to live literally at the bottom of the ocean. The creature is only to be seen at the surface of the water if they are dying. Which would be one reason why noone has ever seen a healthy Architeuthis ever, because human technologies cannot reach the bottom of the ocean. A reason would be because it has very high pressure, no human can reach. The beaks have been found in the stomachs of the sperm whale. The largest recorded was to be 6 inches in diameter. The beaks on a squid is the mouth, located underneath the skirt of tentacles. The sperm whale may possibly be ingesting these squids as a regular meal. Sperm whales seemed to have been found with large circular rings found on their skin, this is believed to be the after marks of being stuck with the suckers on a Architeuthis. It is believed that the Architeuthis has been mistaken for many things. Years ago many sailors believed to see eight headed serpents, sea monks, and sea serpents attacking their ships. Many of the sailors illustrations also show that there is a possibility that they didn’t see these sea monsters but an Architeuthis, the giant squid. The facts found of the Architeuthis are most amazing, such as the Architeuthis has a huge left eye and a right eye that is only a quarter of its size. Both eyes of course to be the size of dinner plates, possibly larger. The larger eye is called the tubular eye (w... Free Essays on Search For The Giant Squid, Book Report Free Essays on Search For The Giant Squid, Book Report The Search for The Giant Squid Richard Ellis author of â€Å"The Search For The Giant Squid† has put together an amazing book on such a hard topic. It was easy to read, filled with not only just his stories of this creature, but he also added history, myths, biology, and even included the movies and books written on the giant squid. The illustrations and pictures helped to understand the size of the sea creature. The giant squid, genus Architeuthis, was first sighted in1545 in Denmark. Last recorded seen was 1996 Japan. Architeuthis, are believed to live literally at the bottom of the ocean. The creature is only to be seen at the surface of the water if they are dying. Which would be one reason why noone has ever seen a healthy Architeuthis ever, because human technologies cannot reach the bottom of the ocean. A reason would be because it has very high pressure, no human can reach. The beaks have been found in the stomachs of the sperm whale. The largest recorded was to be 6 inches in diameter. The beaks on a squid is the mouth, located underneath the skirt of tentacles. The sperm whale may possibly be ingesting these squids as a regular meal. Sperm whales seemed to have been found with large circular rings found on their skin, this is believed to be the after marks of being stuck with the suckers on a Architeuthis. It is believed that the Architeuthis has been mistaken for many things. Years ago many sailors believed to see eight headed serpents, sea monks, and sea serpents attacking their ships. Many of the sailors illustrations also show that there is a possibility that they didn’t see these sea monsters but an Architeuthis, the giant squid. The facts found of the Architeuthis are most amazing, such as the Architeuthis has a huge left eye and a right eye that is only a quarter of its size. Both eyes of course to be the size of dinner plates, possibly larger. The larger eye is called the tubular eye (w...

3 Problems with Parenthesis

3 Problems with Parenthesis 3 Problems with Parenthesis 3 Problems with Parenthesis By Mark Nichol Parenthesis is the strategy of setting a word, phrase, or clause off from a sentence to interject additional information into that statement. Despite the name, parenthesis can be accomplished with a two commas or a pair of dashes as well as with a brace of parentheses. However, several problems can occur when writers attempt to parenthesize: The punctuation employed is not appropriate, the parenthesis is misplaced in the sentence, or what appears to be a parenthetical element is in fact something else. The following sentences illustrate these three problems respectively. 1. He took it from me, stole it, really, years ago. Really is a parenthesis of â€Å"stole it† (a parenthesis can follow rather than interrupt the phrase or clause it supplements), and â€Å"stole it, really† is a parenthesis of â€Å"He took it from me years ago,† so a hierarchy of punctuation should be employed to clarify the sentence organization. Because dashes are more emphatic than commas, they should assume the major parenthetical role; the comma separating â€Å"stole it† and really can remain: â€Å"He took it from me- stole it, really- years ago.† 2. Attacks relating to phishing fraud attempts have been very common in recent times (e.g., someone posing as an organization’s CEO emails its CFO to request an urgent payment transfer). A parenthesis should be directly adjacent to the element of the sentence it pertains to. This parenthesis relates to â€Å"attacks relating to fraud attempts,† not to â€Å"recent times,† so it should immediately follow the former phrase: â€Å"Attacks relating to phishing fraud attempts (e.g., someone posing as an organization’s CEO emails its CFO to request an urgent payment transfer) have been very common in recent times.† 3. But the battle has not been lost- the battlefield keeps changing and continuing to evolve- as one door closes, another is opened. This sentence is punctuated as if â€Å"the battlefield keeps changing and continuing to evolve† is a parenthetical statement interrupting the framing sentence, but the statement that remains when the parenthesis is omitted is â€Å"But the battle has not been lost; as one door closes, another is opened,† which makes no sense, because the point of the second clause does not follow from that of the first. However, the statement between the dashes is not parenthetical, and the third clause is an extension of the second one, not the initial one. The first dash correctly signals that a shift in syntax is imminent (another function of the dash besides parenthesis), but another punctuation mark should replace the second dash so that the two dashes are not misinterpreted as bracketing a parenthetical comment: â€Å"But the battle has not been lost: The battlefield keeps changing and continuing to evolve; as one door closes, another is opened.† (Another option is to divide the sentence into two statements, as here: â€Å"But the battle has not been lost. The battlefield keeps changing and continuing to evolve; as one door closes, another is opened.† In this case, the second dash can be retained instead of replacing it with a semicolon.) Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Punctuation category, check our popular posts, or choose a related post below:10 Rules for Writing Numbers and Numerals50 Idioms About Roads and Paths10 Tips About How to Write a Caption

Strategic Choice and Evaluation Essay Example | Topics and Well Written Essays - 750 words

Strategic Choice and Evaluation - Essay Example This paper will look at alternatives Medtronic’s should consider to realize growth. The paper will assess the best value discipline, generic strategy, and grand strategy for the organization. The paper will conclude by recommending a combination of strategies the organization should put into practice. The best value discipline Medtronic’s should consider to realize growth is customer intimacy. This means that Medtronic’s will concentrate on providing services and products required by a particular client and not what is required by the whole market. Organizations, which are customer-intimate, develop relationships with their clients and are not after one time dealings. They dedicate their selves in satisfying distinctive needs, which frequently only they, by virtue of their profound knowledge, and intimate relationship with clients acknowledge (Grant, 2008). Therefore, for Medtronic’s to realize growth, their suggestion to the clients should be to provide t he best solution for them and offer all the assistance necessary so as to realize the best outcomes and at total minimal cost. The best generic strategy to be employed by Medtronic’s should be the cost leadership strategy. Generic strategies illustrate the techniques of attaining competitive advantage. This explains the techniques employed to establish the upper hand that gets the organization the sale and takes it away from rivals in the sector. There are two ways Medtronic’s may realize this by utilizing the cost leadership strategy. One, Medtronic’s may enhance earnings by minimizing expenses while utilizing industry-average costs. Two, Medtronic’s may augment market share by imposing reduced costs, while at the same time making a realistic profit on every services offered and of product sold because Medtronic’s will have decreased costs. One should bear in mind that cost leadership concerns lessening the cost to the organization of providing se rvices and products. Also, it should be noted that the price or cost paid by the client is a distinct matter. The cost leadership strategy entails being the leader with regard to cost in the market or industry. Being among the lowest-cost producers is simply not sufficient as Medtronic’s will leave itself wide open to competition by other organizations who offer services and products at a lower cost and, consequently, may emasculate Medtronic’s prices and, therefore, hinder its capacity to realize growth. Therefore, Medtronic’s needs to have confidence in attaining and retaining the leaders position prior to selecting the cost leadership strategy. Nonetheless, organizations that successfully realize the cost leadership strategy typically contain extremely adequate logistics, access to the funds required to invest in technology which will help lessen costs, and a reduced cost base, and a strategy of efficiently reducing costs beneath those of its rivals (Olsen, 2 012). The grand strategy that Medtronic’s should consider to realize growth is product development. Product development entails investing immensely in research and development so as to fashion innovative and new product offerings. Product development is fundamentally the reverse of market development. Pro

Philosophy of Nursing Coursework Example | Topics and Well Written Essays - 2000 words

Philosophy of Nursing - Coursework Example During those ages when women were confined within their homes and family life, nursing had become a household art. Progress of nursing has been influenced by the duties of women and their economic independence. In earliest times, nursing was associated with motherly care of infants and was termed as wet nurse. By the 16th century the meaning of nursing meant to attend and care for the sick (Donahue, 2010, pp.4,6). In early times it was believed that nurses required no formal education or training. They were unlicensed doctors, abortionists, midwives and counselors in the western history. For centuries, the nurses passed on their experiences to their neighbors or daughters. They were termed as â€Å"wise women† by the people. One early myth was that women were so trapped by their menstruation and reproduction cycles that they were not independent outside their homes. Another myth was that male professionals had superior technology. These myths were false since women were inherently healers for the poor. It was also found that male professionals depended more on ritualistic practices while women represented more humane approach to healing (Ehrenreich & English, pp.25,27). According to Jean Watson, professor of Nursing, â€Å"The nurse has a human responsibility to move beyond the patient’s immediate specific needs and help the patient reach his or her highest level of growth, mat urity and health† (Clarke, 2011, p.406). Professor Margaret Newman has stated all contrasting experiences are equal like pain and pleasure, failure and success etc. Although, spiritually this makes sense, this is not practical when practicing nursing especially in cases where patients seek recovery from illness (Clarke, 2011, p.406). The concept of nursing is often considered as informal care of patients and therefore most practicing nurses do not accept nursing models