Personal Statement Essay

I write this statement to support my application to Management and Leadership in Health and Social Care vourse at your university. Due to previous experiences of working with a range of people in the care sector I believe that throughout my time on various work placements with individuals with different disabilities and requirements in care along with the experiences gained throughout my studies, my wish to pursue a career in the care profession has grown. To further my interest in working with and around people I completed my first degree as a health visitor in Hungary. Prior of that I took a gap year in Germany with a church’s volunteer service called Freiwilliges Sociales Jahr (Voluntary Sociales Year). I worked as a health care assistant in a nursing home with 144 beds. While this year was very challenging I also found it an extremely rewarding and enjoyable experience. To further my knowledge and passion for working with those individuals who are in need of care I studied at Semmelweis University, Medical College Faculty and graduated as a health visitor. To put my academic knowledge into practice I worked as a school nurse in 3 different schools. It was an enjoyable experince but only to realize that I was more interested to do something with elderly people and move away from children. I decided to move to England and started to work as a home care worker first, but rapidly I was promoted to a field care supervisor and aft er that to a care coordinator. Working for different care companies in different cities was a valuable and great experience where I learnt how to improve my leadership and management’s skills and also to put my academic knowledge in practice. I always was looking to improve the company and bring innovative ideas to my role and complete my work to a high standard. I currently work as a care coordinator, which incolves human resource management, arranging and coordinating training, dealing with social workers and other health care professionals on a daily basis. I manage around 60 home care workers in terms of their compliancy and adequate training. I completed National Vocational Qualification in Health and Social Care Level 3 only to realize that I would like to study more and broaden my leadership skills in this area. Working in a senior team gives me a great satisfaction , where I can show my effective communication and organisation skills ad good working relationships. During my spare time I mainly like to read books, travel to other countries to explore different cultures. I also go to the gym to keep myself fit. I also attended a various events related to self development and self-management. This helps to increase my confidence and also gives me great oppurtunities to meet like-minded people. I feel that university is definitely the right path for me. I always work extremely hard to achieve my best, a feat which I intend to carry on throughout my university years. I believe I have the necessary skills needed to enjoy university to the full and also be successful in future years. In addition I would also like to go to university to develop my management and leadership skills even further so I can gain a valuable and rewarding, higher position in health and social care sector and lead that senior team to an absolute success.

Private Equity Deals Essay

Private equity can be described as investing in a company through a negotiated process. Investment entails transformational, value-added and active management strategy. Private Equity investments can be undertaken following three categories. These are venture capital, Buy-out and special situation investment. Venture capital can be described as an investment to create a new company or expand a smaller company that is presently undeveloped. Buy-out investment involves acquisition of a significant portion of investment in a mature company so as to gain control or ownership of the company. Special situation investment involves changing government regulations or industry trends on investment due to availability of opportunity (Robinson and Cottrell, 2007). This paper will broadly analyze buy out investment in detail, discussing its history, growth, merits and failures.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Private equity firms accrue interest on investment through any of the three ways. These include an IPO, sale or merger and recapitalisation. Private equity firms sell unlisted securities directly to investors through private offering or private equity fund which attracts different sources of contributions from small investors who prefer to invest directly to investors due to the risks associated with private equity funds. Private equity fund require a large amount of money to allow entry which cannot be afforded by most private equity firms. Moreover Private equity firms prefer to invest in firms or investors where the firm can accrue returns after a short duration unlike private equity funds which can take up to twelve years to accrue interests. Private equity firms evaluate availability of opportunity to avoid investing in a failing company which, led to heavy capital losses by the firm. The risk has been noted to be higher in venture capital funds (Lasen, 2006).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Private equity industry was begun in 1946 by the American Research and Development Corporation (ARD) to encourage private institutions provides funding to soldiers who returned from World War II. ARD aimed to provide skills and funding to the management and this would stimulate success of the companies accrue profits. The success of the industry led to permeation of few wealthy families into the industry in 1970s. The industry focussed more on debt financed leveraged buy-outs (LBOs)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   A Leveraged buy-out (LBO) occurs when a financial sponsor gains control of a majority of a target company’s stock ownership through the use of borrowed money or debt (Lasen, 2006). A Leveraged buy-out is a widely used strategy where a company acquires another company through significant amount of borrowed money. In most cases, the assets of the acquiring company and the company being acquired are used as security for the loans. Leveraged buyouts allow companies to make acquisitions without committing a lot of capital. In an LBO 70% debt to 30% equity ration is allowed though the debt can amount 90% top 95% of target Company total capitalisation. Private equity firm prefer to sue leveraged buyouts for two reasons. Use of debt that is widely used in US increased financial return to the private equity sponsor. Debts are exempted from taxation and hence the returns from debt are greater that from cash (Lasen, 2006; Robinson and Cottrell, 2007).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Many countries for example Germany have introduced new tax laws with an aim of discouraging leveraged buyouts through reduction of tax shield effectiveness. The performance of private equity firms that used LBO as their main source of financing went into bankruptcy in 1980s and 1980s.   The insolvency was largely contributed by excessive debt financing amounting up to 97%. This led to higher interest payment that exceeded the company’s operating cash flow. Most companies were taken over by other companies and government.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In the recent past private equity industry has experienced a boom as noted in Great Britain as well as USA. Most pension scheme companies have invested in private equity firms and in particular LBOs. The size of private equity pool increased by 37% in 1994 in Great Britain. There is great disparity between foreign private equity pool and United States which present possibility of future growth. The rapid growth in the private equity industry has led to poor returns on capital invested. The returns from public equity deals are higher and this challenges the stability of private equity industry in using LBOs as way of financing (Clark and Whiteside, 2003).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   PED projects were initially known to have positive impact in paediatrics industry. The PED projects however are on the decline. This can be attributed to poor management and appointment of nationals who have worked in public service to oversee them yet they have little experience or knowledge that is needed. The PED has encountered pressure from fear of disappointing former and future employees and this has in most cases resulted in failure or problem in implementation of the projects (Saylor, Swenson, Reynolds and Taylor, 1999). References Clark, G. L., Whiteside, N. (2003) Pension Security in the 21st Century: Redrawing the Public-Private Debate. Oxford: Oxford University Press. Robinson, M. J., Cottrell, T. J â€Å"Investment Patterns of Informal Investors in the Alberta Private Equity Market† Journal of Small Business Management, 45, (2007):11-89. Larsen, D. L. â€Å"Challenges to the Private Equity Industry† Journal of Accountancy, 202, (2006):112-156. Saylor, C. F., Swenson, C., Reynolds, S., and Taylor, M â€Å"The Paediatric Emotional Distress Scale: a Brief Screening Measure for Young Children Exposed to Traumatic Events.† Journal of Clinical Child Psychology. 28.1. (1999): 34-70.

BADM 3601 †Operations Management Assignmen

Statistics show that students arrive at a rate of four per hour, and the distribution is approximately Poisson. Assistance time averages 10 minutes, distributed exponentially. Assume population and line length can be infinite and queue discipline is FCFS. Using this information, answer the following questions. i. Calculate the percent of utilization of the graduate student P= 4/6 = 2/3 = . 6667 percent utilization ii. Determine the average number of students in the system ?= 4 per hour ?= 6 students helped an hour Ls= 4/ 6-4 = 4/2 = 2 students in the system on average. iii. Calculate the average time in the system Ws= 1/ 6-4 = ? = . 5 hours average time in the system iv. Find out the probability of four or more students being in line or being served P0= 1 – 4/6 = 1- 2/3 = . 33 probability that there are 4 or more students being in line or being served. . Before a test, the arrival of students increases to five per hour on the average. ?Compute the average number of students waiting under this scenario. Lq= 4^2 / 6 (6-4) = 16/ 12= 1. 33 student waiting in line on average. (b) Â  What are the three characteristics of a waiting? line system? 1. Arrivals or inputs to the system: these have characteristics such as population size, behavior, and a statistical distribution. 2. Queue discipline, or the waiting line itself: characteristics of the queue include whether is it limited or unlimited in length and the discipline of people or items in it. . The service facility: its characteristics include its design and the statistical distribution of service times. —————————————————————————————– Question 2. Radovilsky’s Department Store in Haywood, California, maintains a successful catalog sales department in which a clerk takes orders by telephone. If the clerk is occupied on one line, incoming phone calls to the catalog department are answered automatically by a recording machine and asked to wait. As soon as the clerk is free, the party who has waited the longest is transferred and serviced first. Calls come in at a rate of about 12 per hour. The clerk can take an order in an average of 4 minutes. Calls tend to follow a Poisson distribution, and service times tend to be exponential. The cost of the clerk is $10 per hour, but because of lost goodwill and sales, Radovilsky’s loses about $25 per hour of customer time spent waiting for the clerk to take an order. ?= 12 ? = 15 (a) What is the average time that catalog customers must wait before their calls are transferred to the order clerk? Wq= 12/ 15 (15-12) = . 2667 average time to wait before transferred (b) What is the average number of callers waiting to place an order? Lq = 12^2 / 15 (15- 12) = 3. 2 average number of callers waiting to place an order (c) Radovilsky’s is considering adding a second clerk to take calls. The store’s cost would be the same $10 per hour. Should it hire another clerk? Explain your decision. Yes they should hire another clerk because the customer average wait time and average number of callers waiting to place an order indicate that a second representative is needed. BADM 3601 – Operations Management Assignmen Statistics show that students arrive at a rate of four per hour, and the distribution is approximately Poisson. Assistance time averages 10 minutes, distributed exponentially. Assume population and line length can be infinite and queue discipline is FCFS. Using this information, answer the following questions. i. Calculate the percent of utilization of the graduate student P= 4/6 = 2/3 = . 6667 percent utilization ii. Determine the average number of students in the system ?= 4 per hour ?= 6 students helped an hour Ls= 4/ 6-4 = 4/2 = 2 students in the system on average. iii. Calculate the average time in the system Ws= 1/ 6-4 = ? = . 5 hours average time in the system iv. Find out the probability of four or more students being in line or being served P0= 1 – 4/6 = 1- 2/3 = . 33 probability that there are 4 or more students being in line or being served. . Before a test, the arrival of students increases to five per hour on the average. ?Compute the average number of students waiting under this scenario. Lq= 4^2 / 6 (6-4) = 16/ 12= 1. 33 student waiting in line on average. (b) Â  What are the three characteristics of a waiting? line system? 1. Arrivals or inputs to the system: these have characteristics such as population size, behavior, and a statistical distribution. 2. Queue discipline, or the waiting line itself: characteristics of the queue include whether is it limited or unlimited in length and the discipline of people or items in it. . The service facility: its characteristics include its design and the statistical distribution of service times. —————————————————————————————– Question 2. Radovilsky’s Department Store in Haywood, California, maintains a successful catalog sales department in which a clerk takes orders by telephone. If the clerk is occupied on one line, incoming phone calls to the catalog department are answered automatically by a recording machine and asked to wait. As soon as the clerk is free, the party who has waited the longest is transferred and serviced first. Calls come in at a rate of about 12 per hour. The clerk can take an order in an average of 4 minutes. Calls tend to follow a Poisson distribution, and service times tend to be exponential. The cost of the clerk is $10 per hour, but because of lost goodwill and sales, Radovilsky’s loses about $25 per hour of customer time spent waiting for the clerk to take an order. ?= 12 ? = 15 (a) What is the average time that catalog customers must wait before their calls are transferred to the order clerk? Wq= 12/ 15 (15-12) = . 2667 average time to wait before transferred (b) What is the average number of callers waiting to place an order? Lq = 12^2 / 15 (15- 12) = 3. 2 average number of callers waiting to place an order (c) Radovilsky’s is considering adding a second clerk to take calls. The store’s cost would be the same $10 per hour. Should it hire another clerk? Explain your decision. Yes they should hire another clerk because the customer average wait time and average number of callers waiting to place an order indicate that a second representative is needed.

See the assigment Criteria Essay Example | Topics and Well Written Essays - 5000 words

See the assigment Criteria - Essay Example Nonetheless, it has been said that the US will not take measures in all emerging threats, nor sovereigns should use â€Å"pre-emption† as pretense for aggression. Nevertheless, in the time when adversaries against peace nations actively seek the nuclear-armed capabilities, the US will not ignore while threats assemble. Finally, the purpose of the US action, as conveyed, is to eliminate a specific threat, not to promote international violence. Thus, in order to legitimize pre-emptive action against a state, promise of transparency of reasons, measured force and the establishment of just cause have been made by the state. In this context and given the history and facts surrounding Saddam Hussein’s regime in Iraq, the paper answers if the US can be justified under International Law in taking pre-emptive measures against Iraq in the year 2003. In the year 2003, the United States, supported by two of its allies, Great Britain and Australia, invaded Iraq, a Sovereign Nation, an event that raised many questions as to whether the attack was justified according to United States foreign policy and world politics (Ritcher, 2003). The reasons advanced as to why the attack took place were that Iraq was in the process of manufacturing weapons of mass destruction. The other reason was that the regime of Sadaam Hussein was a threat to world peace and the United States and that it was involved in the twin tower attack or 9/11 (Dworkin, 2002). It was also said that the said regime was working in corroboration with international terrorist groups like Al Qaeda and needed to be brought down. The United States also advanced the fact that declaring war on Iraq was a step towards fighting international terrorism. It was also alleged that declaring war on Iraq was one of the ways to enhance democracy in the Middle East. Lastly, it was said to have been done to help the people of Iraq remove a regime that was oppressing them and which supported torture and rape. The United States President contended that Iraq posed a threat, and the United States had a right under article 51 of the United Nations Charter to undertake the use of military action or force to counter the threat (Bellamy, 2003; White House, 2002). Because Iraq had not at any given time attacked the United States, the reason as advanced by former American President George Bush raised many questions as to the validity of the use of force to counter not real but anticipated attacks and threats. According to international law, it is illegal to use force between states, except for situations, which meet two main conditions (Arend, 2003). The first situation occurs when the Security Council authorizes the use of force by one state against the other, and the second condition is when a state is acting in self-defense. The action of a state in self-defense has been a subject of intense debate, since self-defense can be interpreted to include anticipated danger. Self-defense is subject to the inter pretation and application of Article 51 of the United Nations (UN) Charter, which authorizes states to use force in defense against attack. In recent times, the arguments around the notion of self-defense have been centered on whether the use of military force is justified to be used preemptively (Bothe, 2003). Recently, the United States used the national Security Strategy to institute

The Concept of Customer Perceptions and Expectations With Respect To Essay

The Concept of Customer Perceptions and Expectations With Respect To Service Quality - Essay Example This paper illustrates that the service quality of the travel and tourism industry has declined over the years with the rise in the number of passengers and decrease in the price of the tickets. The dimensions of service quality are also measured that are presently delivered by the industry. A comparative analysis of quality perceptions among a number of organizations in the same industry had helped in determining the gap in the quality of the perceived and expected service. The present article has focused on an exhaustive study and the findings are based on a number of tools and strategies, which is recommended for the success of the industry. These tools help in improving the service quality of the travel and tourism industries. Academics and researchers have been constantly focusing on measurement and conceptualization of factors associated with service quality as well as its influence on the performance of businesses. Despite the extreme importance service quality exerts on the o verall strategic planning procedure and corporate success, no precise or ideal definitions have been developed surrounding the concept of service quality. The most precise and followed concept of service quality was given by Parasuraman, Zeithaml, and Berry which defined service quality as â€Å"a global judgment, or attitude, relating to the superiority of the service†. Most of the researchers and academics agree to the aforementioned definition and follow it regularly. Service quality can also be explained as the overall impression of a consumer regarding the relative superiority or inferiority of an organization as well as its services. Delivering unparalleled service quality required conforming to the expectations of the customers on a regular and consistent manner and offering them a better quality service that their expectations.

Business Law - Term Paper Example | Topics and Well Written Essays - 1750 words

Business Law - - Term Paper Example The basic premise of this Act is to maintain good competition in the business life of the corporates. Competition Act aims at regulating the competition and defeating the acts by people who have tried to thwart competition in their respective jurisdictions. It has aimed at attempting to draw a line in anti-competitive activities. The Act has been designed in order to pave a way for the extinguishment of anti-competitive activities. The Act had been at the centre of curbing anti-competitive practices which have been performed by the companies who have been trading on in the business circle. â€Å"Legislation enacted by the federal and various state governments to regulate trade and commerce by preventing unlawful restraints, price-fixing, and monopolies; to promote competition; and to encourage the production of quality goods and services at the lowest prices, with the primary goal of safeguarding public welfare by ensuring that consumer demands will be met by the manufacture and sale of goods at reasonable prices.† The new Act defines a ‘dominant position’ ; what constitutes an abuse of such a dominant position and how are they interrelated. As mentioned in the Competition Act, being of the nature of a dominant enterprise does not constitute to an anti-competitive practice, but the fact when such dominant undertakings misuses their power in the competition to restrict it or to have a negative impact on it amounts to an anti-competitive practice which is prohibited in the Indian competition laws. In the case of N. V. Netherlands Banden Industrie Michelin v. Commission of the European Communities , the question arose to the court as to whether or not an enterprise which is dominant in nature leads to the violation of competition laws prevalent in the EU. It was held that â€Å"an undertaking having a dominant position is not a recrimination but simply means that irrespective of the reasons for which it has such a dominant position,

Turkey and the European Union Essay Example | Topics and Well Written Essays - 1500 words

Turkey and the European Union - Essay Example As a prerequisite for joining the union, a country should satisfy a basic condition of being able to prove that it is democratically stable and able to address the issues of humanitarian and international concerns. However, the public and media circles have been full of accusations labeled against turkey mostly because it is a predominantly Muslim nation. Most of the European Union nations have argued that the country is of an incompatible value system having been through a different timeline in its historical and religious history. As a result, the arguments against the nation’s membership to the EU have been based on a religious cum cultural compatibility with other states in the union. In other words, by being a country that has faced a lot of historical influence through Islamic dominance in its political and social structure, the opposing voices for the country’s inclusion in the EU state that this has worked against the country. The attachment of Islamic faith wit h terrorism has also been a factor in the determination of the country’s EU status at least according to some public observers. The fear of Islam among other faiths in the region has been high in the aftermath of terror attacks in major European cities; all connected to individuals or groups of Islamic background. It then follows that most people have wanted to associate the integration of the country into the union to increased terrorism in the region. Apart from the country’s religious heritage, its size has been a factor with many arguing that the country population which nears that of Germany; may be a hindrance to the region’s economic development. Other issues raised have attachment to the country’s poverty index, largely rural population and conflict prone boarders. Turkey has myriad of problems just like other European Union countries. Some of the problems are a result of the coup attempt in Cyprus. Muftuler and Guney (282) indicate some of the re asons why this conflict has a bearing on the determination of Turkey as a member of the EU. The origin of this conflict starts with the long followed conflict in Cyprus, which stems from the Greek and Turkish Cypriots living in the country. The country has been in the middle of the conflict due to its push to defend their counterparts who are settled in Cyprus. One factor that complicates this matter is that Greece is already a member of the EU yet it has been conflicting with the country concerning Cyprus. Turkey’s involvement in the conflict was as a result of the marginalization of the Turkish Cypriots even after the United Kingdom, Greece and the country signed a treaty of guarantee to Cyprus. This issue also highlights the problem of immigration. Migration has historically been attached to the enhancement of multiculturalism in regions such as Europe. However, Huysmans (752) highlights that a social realignment of this issue has resulted in ‘securitization of migra tion.’ Simply put, migration has been attached mostly to security issues rather than on the potential of interactions of the immigrants that can result into economic and social development. Most western nations have always majored on security and used this as a reason for restricting movement against the foundations of freedoms of association and movement.