Theme of “Counterparts”

Alcoholism is the main theme in â€Å"Counterparts†, we are introduces to Farrington, a legal clerk, who is verbally abused by his authoritarian boss, Mr. Alleyne, has given a demanding deadline to make a copy of a contract. It is made clear early on in the story that Farrington has a long desire for a drink and shortly after returning to complete his paper work is taunted by the music, and laughter coming from the local bar nearby, therefore, Ferrington sneaks out for a glass of porter.Upon his return, the chief clerk tells him that Mr. Alleyne, in need of the paperwork for the a case,and has been looking for him. Farrington delivers the files, hoping that his boss won’t notice that the last two letters are not complete. After Farrington returns to his desk, knowing full and well he will have missed his deadline because he will not be able to complete copying the contract on time, he begins dreaming of spending the night pub crawling, then suddenly interrupted by a ver y upset Mr.Alleyne who yells at him in about the missing letters screams â€Å"do you think me an utter fool? † when Farrington gives him a pertinent response, Mr. Alleyne demands an apology which embarrasses Farrington and makes him more miserable. Later on, Farrington hopes to get the company cashier alone so he can borrow money against his wages, but there's no hope and the only way he can get money for his carouse is to pawn his watch, for which he gets six shillings.He meets his buddies Davy Byrne, O' Halloran and Paddy Leonard and falsely tells them that he was able to trick his boss. They buy rounds of drinks and Higgins comes in and adds glorious embellishments to Farrington's run-in with Alleyne. After numerous drinks, they take off for the Scotch House where they meet young Weathers, an acrobat and an artist. They continue to drink and after this bar closes they continue on to Mulligan's, where a woman catches Farrington's eye then rebuffs him.Then he becomes surly and starts bemoaning his sorry, impoverished life. He thinks of how he has spent his money on drinks and how young Weathers drinks more than he buys. The night continues in typical drunken raucousness and arm wrestling until Farrington, angry now, accuses Weathers of cheating when he is defeated Farrington's anger continues to mount on his way home: â€Å"a very sullen man stood on the corner of O'Connell Bridge,† and once again he regrets pawning his watch, especially since (he thinks) he isn't even drunk .His reputation as a mighty man has been lost to young Weathers: â€Å"he had lost his reputation as a strong man, having been defeated twice by a mere boy† and his â€Å"heart swelled with fury†. When he enters his home he finds a cold dinner. Tom, one of his five children, tells him his wife is at church and Farrington orders the boy to heat his dinner. Little Tom obeys but Farrington notices the fire has gone out, chases the boy and beats him brutally with a stick despite the child's pleading cries for mercy: â€Å"Don't beat me, Pa!I'll say a Hail Mary for you pa, if you don't beat me† . The clearest example of this theme is in â€Å"Counterparts,† where the main character, Farrington, can think of nothing other than how to get drunk. He jeopardizes his career and spends all his money on alcohol, briefly feeling like an important man while telling stories to his friends in the bar. However, the effects of heavy drinking catch up with him later in the evening, when he is out of money but is not drunk enough to forget his problems. He goes home and takes his disappointment by beating. Theme of â€Å"Counterparts† Alcoholism is the main theme in â€Å"Counterparts†, we are introduces to Farrington, a legal clerk, who is verbally abused by his authoritarian boss, Mr. Alleyne, has given a demanding deadline to make a copy of a contract. It is made clear early on in the story that Farrington has a long desire for a drink and shortly after returning to complete his paper work is taunted by the music, and laughter coming from the local bar nearby, therefore, Ferrington sneaks out for a glass of porter.Upon his return, the chief clerk tells him that Mr. Alleyne, in need of the paperwork for the a case,and has been looking for him. Farrington delivers the files, hoping that his boss won’t notice that the last two letters are not complete. After Farrington returns to his desk, knowing full and well he will have missed his deadline because he will not be able to complete copying the contract on time, he begins dreaming of spending the night pub crawling, then suddenly interrupted by a ver y upset Mr.Alleyne who yells at him in about the missing letters screams â€Å"do you think me an utter fool? † when Farrington gives him a pertinent response, Mr. Alleyne demands an apology which embarrasses Farrington and makes him more miserable. Later on, Farrington hopes to get the company cashier alone so he can borrow money against his wages, but there's no hope and the only way he can get money for his carouse is to pawn his watch, for which he gets six shillings.He meets his buddies Davy Byrne, O' Halloran and Paddy Leonard and falsely tells them that he was able to trick his boss. They buy rounds of drinks and Higgins comes in and adds glorious embellishments to Farrington's run-in with Alleyne. After numerous drinks, they take off for the Scotch House where they meet young Weathers, an acrobat and an artist. They continue to drink and after this bar closes they continue on to Mulligan's, where a woman catches Farrington's eye then rebuffs him.Then he becomes surly and starts bemoaning his sorry, impoverished life. He thinks of how he has spent his money on drinks and how young Weathers drinks more than he buys. The night continues in typical drunken raucousness and arm wrestling until Farrington, angry now, accuses Weathers of cheating when he is defeated Farrington's anger continues to mount on his way home: â€Å"a very sullen man stood on the corner of O'Connell Bridge,† and once again he regrets pawning his watch, especially since (he thinks) he isn't even drunk .His reputation as a mighty man has been lost to young Weathers: â€Å"he had lost his reputation as a strong man, having been defeated twice by a mere boy† and his â€Å"heart swelled with fury†. When he enters his home he finds a cold dinner. Tom, one of his five children, tells him his wife is at church and Farrington orders the boy to heat his dinner. Little Tom obeys but Farrington notices the fire has gone out, chases the boy and beats him brutally with a stick despite the child's pleading cries for mercy: â€Å"Don't beat me, Pa!I'll say a Hail Mary for you pa, if you don't beat me† . The clearest example of this theme is in â€Å"Counterparts,† where the main character, Farrington, can think of nothing other than how to get drunk. He jeopardizes his career and spends all his money on alcohol, briefly feeling like an important man while telling stories to his friends in the bar. However, the effects of heavy drinking catch up with him later in the evening, when he is out of money but is not drunk enough to forget his problems. He goes home and takes his disappointment by beating.

Employee empowerment Essay

With no particular list of practices and principles associated with t TQM, a culture, focuses on quality and what does quality constitute in an organization’s functions and it considers customer reaction the best measure of quality which depicts the chances of competitive advantage and higher gross profits. Employees having ideas about the improvement of quality and how to do a good Job should be asked to contribute and monitor quality in TQM programs. These programs lay emphasis on the use of technologies that support and aid quality measurement, improvement, issue identification and its solution. In order to ensure substantial commitment to making better decisions and Increase effectiveness and fficiency individuals or teams should be given the power, information and knowledge concerning their autonomous performance and management. Employee involvement programs emphasize changing Job designs and using team structures at the organization’s lowest level where as Employee involvement programs emphasize changing Job designs and using team structures at the organization’s lowest level. This comparison shows that they do overlap substantially In their major points but that employee Involvement argues for some different forms of organization and places more stress on practices such as self managing work teams. Employee nvolvement seems to fit well In rather small organizational units which are created to produce entire products and serve a particular customer base. Total quality management processes tend to fit situations where large numbers of employees are required to service a customer or produce a product. Depending upon the organization’s condition, strategic orientation, the kind of work It needs to do, and where It operates, the best management approach may be either one of these In Its pure form or an approach that modifies each to take advantage of certain elements In the other. Future research needs to focus on when and how specific practices ffect organizational performance. mployee empowerment By areebasaad27 substantial commitment to making better decisions and increase effectiveness and This comparison shows that they do overlap substantially in their major points but that employee involvement argues for some different forms of organization and involvement seems to fit well in rather small organizational units which are created organization’s condition, strategic orientation, the kind of work it needs to do, and wher e it operates, the best management approach may be either one of these in its in the other. Future research needs to focus on when and how specific practices

Health Communication verses Social Marketing and allocationof Essay

Health Communication verses Social Marketing and allocationof resources - Essay Example The role of the nutritionist would be to supervise the entire nutritional portion of the program wherein the requirements as delineated by the USDA. He/she would be employed as a consultant and would plan the lunch menu on a for the week and endure the menu meets the minimal energy level of 664 kcal with a fat content of less that 30% of the total calorific content, no less than 10g of protein, 286mg of calcium, 3.5mg of iron, at lease 224 retinol equivalents of vitamin A and at lest 15mg of vitamin C. The salary for the nutritionist would be approximately $15/hour for 10 hours per week. This salary is based on the Hourly Rate Survey Report for Job: Nutritionist (PayScale, Inc. 2007). A chef would also serve as an integral part of the proposed program, the role of the chef would be such that he/she would work in collaboration with the nutritionist to ensure that the calorie and other nutritional requirements of the proposed program are met. This would be achieved through healthy culinary techniques, portion control and the close monitoring of all those involved. The chef would be an additional employee procured specifically for this program. This employee would be a part-time employee and would garner a salary of approximately $20/hour for an average of four hours per day and twenty hours per week. In addition to the nutritionist and the chef, the program would utilize a physical education/health and nutrition teacher. Currently, the department of education within each and every state utilizes physical education/health and nutrition teachers. These teachers are on staff on a full-time basis. In order to maintain the guidelines of this program, it would be necessary for these teachers to undergo specialized training in order to deliver the necessary fitness and education programs as these programs are age-specific. In addition to the age specificity, these programs are accompanied by specific guidelines

Discussion Questions Essay Example | Topics and Well Written Essays - 500 words - 2

Discussion Questions - Essay Example Then the responsibility of the decision lies with the manager. In case the manager feels that the team can provide valuable inputs, he chooses facilitative decision making style. The team, thus, feels empowered and the morale of the team members increases. In such a case it is well communicated to the team that the responsibility of the decision lies with the team. The commonly used tool in my organization is the problem-option checklist. A list of problems is prepared against which the option/ solutions are mentioned and the best possible solution is chosen. In case of authoritative decision making, the leader selects the best possible option and communicates the same to the team. Some of the trainers complained that they were not getting valuable feedback from their trainees in lower levels of the hierarchy. Hence analyzing them and showing the training impact was difficult. The manager chose the facilitative decision making style. The team sat together and discussed that the answe rs they were getting were ‘good’, ‘yes’, ‘no’ etc. Thus the subjective feedback form should be replaced by and objective one for trainees from lower levels of hierarchy.

What was the primary issue(s) or problem(s) for Foucault in defining Essay

What was the primary issue(s) or problem(s) for Foucault in defining history, as appeared in Nietzsche, Genealogy, History - Essay Example (78). Thus according to Foucault history should not be a seamless attempt at identifying the natural origin of events. Peoples, cultures, but rather needs to consider how this idea of the "essence" has been fabricated. Not only how it has been fabricated, but why people feel the need for some kind of essence is an essential part of history for Foucault. Thus the "genealogy" that appears in the title of Foucault's book should concern itself with the details, co-incidences and sheer accidents that underlie the beginnings of knowledge, values and cultures rather than a search for a non-existent origin. In this manner Foucault appears to support Nietzsche's argument that traditional history sees itself as a tracing of development towards some kind of culmination; that it sees itself as believing in an eternal truth - whether it be of events, people, ideas, or religion. Nietzsche, and Foucault subscribes to the same view, suggests that what Foucault calls "effective history" can only be reached by seeing events as divergent, discordant and essentially in conflict. As Foucault puts it, it should involve the "shattering of the unity of man's being", as everything that has been considered to be immutable and immortal must in fact be placed within history. Thus they become mutable and mortal. Foucault, as is o Foucault, as is often the case within his work, focuses on the human body as a locus for this kind of history. Thus "the body is molded by a great many distinct regimes; it is broken down by the rhythms of work, rest and holidays; it is poisoned by food or values, through eating habits or moral laws; it constructs resistances" (87). Thus a history of the body, which Foucault attempts in other works, would involve identify these "distinct regimes" that shape the body, often conflicting with one another and thus creating stress upon the human being. Foucault argues that effective history should move form the distant, remote vantage point of traditional history towards a closeness. It needs to look at the details of life, identifying their contradictions, rather than at the universal processes and themes that may actually camouflage the reality of events. This closeness should not involve an emotional connection with the subject, but rather "an alienated view". Overall, Foucault argues that the role of historian as is commonly perceived and practiced leads to a false view of history rather than the contrar7y. Thus the attempt to gain absolute and comprehensive knowledge of history, through reducing events to their simplest elements in order to "explain" them actually avoids the true complexity of history. The traditional type of historian is in fact centered on himself and thus paints the world through his particular biases and opinions, rather than seeing the innate complexity and conflicts that occur within history. Foucault argues that it is necessary to revolt against his type of history if the true nature of it is to be understood, and if it is to really inform the present and the future. To conclude, Foucault essentially dissects the nature of History as it is normally performed within the academic world, suggesting that that attempt to find universal truths in fact masks the actual reality of the world. He

The Impact Of Global Warming On Developing Countries Essay

The Impact Of Global Warming On Developing Countries - Essay Example Global warming has been directly linked to increased emissions of carbon dioxide and other gases. The Earth is warmed by the radiant heat from the rays of the sun, which is generally equal to the amount of energy that is radiated back from the Earth in the form of infra red radiation. Thus the temperature of the Earth remains constant. However, the temperature of the Earth is directly dependent upon the composition of its atmosphere and when there is an excess of carbon dioxide and similar gases in the atmosphere, it blocks the infra red radiation from the surface of the Earth, trapping heat in the lower atmosphere and creating a "greenhouse effect" which increases global temperatures Rapid industrialization has resulted in increased energy use, with the resultant multiplication of carbon dioxide emissions. According to Roberts (2004), energy demand in countries like India, China and Brazil is developing so fast that it may double by 2020, while in the developed countries, the demand for power is fast outstripping supply, raising the specter of blackouts. In fact Roberts (2004) also points out that â€Å"China has seen dramatic increases in its energy consumption in recent years (pp. 143–145). In the words of one scientist; â€Å"China's rapid industrialization has led to upward revision of predictions... While previously we thought in terms of doubling the strength of the CO2 content of the pre industrial atmosphere, current thought is moving toward a tripling† (Broecker 1586).

What Impact Would Employee Involvement Do in the Hiring and Promotion Thesis Proposal

What Impact Would Employee Involvement Do in the Hiring and Promotion Process in Public Agencies - Thesis Proposal Example Much of the need to avoid all forms of internal invalidity resulting from the sample size can be addressed with the inclusion and exclusion mechanism that is employed. In the present situation, it is advised that a purposive sampling procedure is used to select respondents with the right information on the research topic ( Suri, 2011). A major limitation of the study shall be the degree of preparedness of leaders of various institutions to allow their leadership styles to be changed towards the types that allow for employee involvement. For employee involvement to be upheld, employees must exhibit a high sense of independence in the delivery of their work (Community Health Profiles, 2006). It is against this backdrop that it is assumed that all employees have needed competence. For companies practicing autocratic leadership, a chance is that they will not be willing to allow employee involvement and so data collected will be affected in such settings. Even though purposive sampling is recommended because of the nature of data to be collected, bias in data collection can still be controlled if a strategy is devised to make all forms of data to be collected hidden from respondents. This way, there shall not be pre-conceived responses coming from respondents.

Then And Now How Is America Changing Essay Example | Topics and Well Written Essays - 500 words

Then And Now How Is America Changing - Essay Example The paper shows that racism in America has always appeared as a system. It is a system that has been supported by economic and materialistic conditions in places of work whether in blue collar jobs or in other forms of employment. The joblessness has also been reinforced by increased social isolation due to lack of proper education and other social supports. This, in the long run, condemns the unemployed segment into a vicious cycle that is not easy to break, which gives the impression that particular race is not fairly considered. America is one country that is very dynamic politically, socially and economically. Our main focus is economic changes that have happened in America for the last forty years and how these changes have influenced racial, sexism and classism. Many factories in America have opted for cheap labor abroad, which in turn produces cheap products that have ready market both in America and the world. The trend in racial harmony has been a function of the elements of tolerance and understanding that has been cultivated into the American people since the days of Martin Luther King Jr. In as much as the racial and gender divide has been bridged, America is today faced with a much bigger problem of economic disparity with 99% struggling as the 1% wallow in wealth. The economic divide so created is severe to the extent that poor Americans have opted to mounting regular demonstrations like the ongoing â€Å"occupy the wall street demonstration† and with these happenings a possible class revolution may be seen in the future.

Greenhouse Business Challenge and Carbon Footprint - Australia Assignment

Greenhouse Business Challenge and Carbon Footprint - Australia - Assignment Example The paper "Greenhouse Business Challenge and Carbon Footprint – Australia" explores the environmental issues connected with the threats arising from carbon footprints. Greenhouse gases such as carbon dioxide, methane and other equivalent gases are very harmful to the environment. The combined effect of such gases is called carbon footprints. This is a very important area of concern for the world. In countries like Australia where the majority of national income is generated from oil, petroleum and mining industry, carbon footprint is a serious matter of discussion. One of the largest oil and petroleum gas producing company of Australia called Woodside has also taken several voluntary as well as cost-effective measures to reduce emission rate of their business. Woodside considers customised emission reduction plans for each of their project plans. They have emission reduction strategies and models for their different projects. Companies such as BP have also taken measures like implanting solar plants for installing solar panels. It has decided to supply electricity to its retail stores through these solar energy generated electricity. The government of Australia has also taken strict measures imposing carbon tax on companies to limit their carbon emission. Companies are disappointed through such policy because the carbon tax is not fixed and this would affect the revenue of the company. So it would be recommended that the government of Australia can revise the rate of carbon tax for the country.

Colonial America Essay Example | Topics and Well Written Essays - 500 words

Colonial America - Essay Example Each of these city-states or polis had its own customs, laws and way of life (Hornblower et al, 2004). Initially these city-states were ruled by a few wealthy men but gradually the administrative system became democratic. Athens was the largest city-state in Ancient Greece and its society was divided into the upper, middle and lower classes. However despite these differences ancient Greeks were bound by a common heritage and common language just like American people speak a common language. Greek citizens were trained in the arts, music, and they played games represented by the Olympics. There was a system of assemblies in which upper class citizens discussed issues of government and suggested changes, very much like the modern parliament. Ancient Rome was however ruled by an emperor and the Roman government balanced out political power between three different branches comprising of the Executive branch, the Legislative branch and the Judicial branch. The consuls who supervised the S enate and the army controlled the executive branch along with the mayors and tax collectors (Hornblower et al, 2004). Only adults were allowed to vote or elect rulers. The legislative branch consisted of 300 senate members who owned land and were elected by the consuls. The concept of senate members is still a part of the administrative system in America.

Sport and Exercise Are Good for Your Health Essay Example for Free

Sport and Exercise Are Good for Your Health Essay Introduction The saying ‘sport and exercise are good for your health’ appears at first to be an irrefutable fact. However in this assignment I am going to look the information and facts that agree with this statement, and then compare and contrast with the information that disagrees. To begin it would seem logical to define the words in the statement to gain better understanding of their meaning. Sport has several meanings, such as ‘one being a good sport’ by showing honesty and respect even when defeated but for the purposes of this essay sport will be defined as â€Å"an activity involving physical exertion and skill in which an individual or team competes against another or others† (Oxford Dictionaries, 2008). Exercise is defined as â€Å"activity requiring physical effort carried out for the sake of health and fitness† yet interestingly has a second meaning that could be very relevant to the above statement; â€Å"an activity carried out for a specific purpose† (Oxford Dictionaries, 2008). Good is defined as â€Å"to be desired or approved of, and health â€Å"the state of being free from illness or injury† or a person’s mental or physical condition† (Oxford Dictionaries, 2008). The definitions of each of these words show sport would involve exercise; or rather sport is applied exercise in pursuit of a goal or result. So for the purposes of this assignment I will compare and contrast them concurrently. Sport Exercise are good for your health? Good health it would be fair to say is a desirable commodity or feature of a person. The link between physical activity and wellbeing is not a new idea or argument to promote exercise. Since the beginning of historical records the Chinese have practiced Tai Chi and other forms of physical activity to prevent diseases. Up to 1500 years ago the Roman physician, Galen was prescribing exercise to maintain good health (Brian J. Sharkey, 2006, p.14). This topic was raised by Dr Steven Blair and Harold Kohl at the American College of Sports Medicine in 1988. A study had been conducted on 1000 men to analyze the ‘all-cause’ death rate for sedentary or inactive men and those who were active. The results of the study have shaped the way we think about health and exercise to this day. They showed that a sedentary male was 5 times more at risk than an active male. (Dr Steven Blair, 1988). The study also showed that between the active males there was a trend that as the level of fitness increased the risk reduced. It has been ascertained by the above study that a sedentary lifestyle puts an individual in greater risk of developing a condition that can lead to premature death. Besides fatality a lack of exercise can also have implications to one’s health while they are living. The following areas have been highlighted by the UK National Health Service as areas that leading an active lifestyle can improve, prevent or reduce an individual’s risk of falling victim to; weight control, heart disease and stroke, cancer, mental health, immune system. (NHS National Health Service, 2008). Obesity is defined as â€Å"very fat† (Oxford Dictionaries, 2008), however has been specifically defined as an individual with a BMI score of 30 plus (National Institue of Health, 2008). The following table shows the dramatic increase in the percentage of the population with obesity since 1960. (Kopelman, 2000, p.637) â€Å"A combination of a healthy diet and regular exercise is the best way to maintain a healthy body weight† (NHS National Health Service, 2008). The NHS (2008) also state that being overweight and obese leads onto various other health related problems such as high blood pressure, type 2 diabetes, heart disease, stroke and osteoarthritis. Exercise also has mental implications on an individual’s health. Dramatic changes have taken place as we have emerged into the 21st century. There have been radical shifts towards technology, life expectancy has increased thanks to advances in medicine, the family and societal support networks have changed. There is support that this has contributed towards to the increase in stress and depression in today’s society (Garfinkel PE, 2000). As with the obesity epidemic exercise has been proven to improve an individual’s mental state. When carrying out any form of strenuous exercise the pituitary glan d in the brain releases chemicals called endorphins. Exercise can lead to an improved mood, a feeling of euphoria often called the â€Å"runners high† (Peak Performance, 2008). It has also been proven to increase neurogenesis, the creation of new neurons in the hippocampus in the brain. Studies have shown that humans begin to lose nerve tissue at approximately 30 years of age. The effect exercise has on the brain increases neural connections, creating a denser network so we are able to process and store information. It has also been shown to initiate brain-derived neurotrophic factor or BDNF that acts as a protective response to stress and improve synaptic plasticity which improves the efficiency of signal transmission between neurons. This transfer is generally considered the basis for learning and memory (McGovern, 2005). Looking at the information presented there is far more support to show exercise is more beneficial than it is detrimental to an individual’s health. The negative implications could become apparent when an individual does not fully understand the way the body reacts or responds to exercise. The saying â€Å"too much of a good thing† (Shakespeare, 1623) comes in to play when planning a programme of exercise. An individual needs to take into account what effect the programme will have on his/her body and lifestyle. To achieve the best possible performance an athlete must be optimally trained so a good compromise is being achieved between achieving their potential and not fatiguing and reducing performance capacity (Richard B Kreider, 1998). The athlete who is subjected to overtraining would experience some of the following symptoms; decreased performance, prolonged recovery periods, loss of coordination, abnormal T wave ECG pattern, increased respiration frequency, chronic fatigue, muscle damage, muscle soreness and tenderness to name but a few. It can also lead to much more severe conditions such as anorexia and bulimia (Richard B Kreider, 1998). As the above information shows too much exercise and training can lead to a fatigue and reduction in an individual’s health. Sport and exercise can also have negative implications when an athlete suffers an injury during the pursuit of their chosen sport or activity. There are vast arrays of injuries an individual can pick up from partaking in exercise or sport. Anything that is used to perform the exercise can be injured for reasons such as poor technique, poor warm up or cool down procedure, lack of stretching, ill fitting or lack of required equipment, collisions including those with equipment, fixtures or other players. Most sports injuries are not the result of sudden catastrophe but occur because the individual has overused the muscles and over trained and according to research sports injuries could be reduced by up to 25% if athletes and participants took appropriate preventative action (Mac, 1997). Conclusion Taking into account all of the information the support for the statement â€Å"sport and exercise are good for your health† far outweighs the support to show it is not. The information shows that to partake in an active lifestyle is healthy; to not heed the warnings relating to overtraining and poor technique is irresponsible and can lead to a greater risk of suffering a sports injury and possibly chronic fatigue. The positive factors show that partaking in regular moderate and or strenuous exercise will help maintain a positive state of mind, improve your ability to concentrate, process and store information. It enables you to maintain a healthy, balanced weight as long as you ensure you follow a healthy diet. It reduces your risk of suffering heart disease, strokes, cancer and osteoporosis and can combat depression and stress. Exercise appears to be the wonder drug for the masses, but it is not without its perils. To fully optimise its positive effect on an individual’s life it is extremely wise to fully educate yourself on the consequences and implications it may have before embarking on a training programme to avoid putting yourself at unnecessary risk. But to lead a sedentary lifestyle and not exercise, you put yourself in even greater risk. You decide. Reference List Brian J. Sharkey, S.E.G., 2006. Fitness and Health. 6th ed. Leeds: Human Kinetics. Dr Steven Blair, H.K., 1988. Survey of physical activity habits as related to measured physical fitness. American Journal of Epidemiology, 127(6). Garfinkel PE, G.D., 2000. Mental Health Getting beyond the stigma and catagories. Bulletin of the World Health Organisation, 78(4), pp.503-05. Kopelman, P.G., 2000. Obesity as a medical problem. St Bartholomews The Royal London School Of Medicine Insight Review Article, 404, p.637. Mac, B., 1997. Injury Prevention. [Online] Available at: http://www.brianmac.co.uk/injury.htm [Accessed 10 Feb 2010]. McGovern, M.K., 2005. The Effects of Exercise on the Brain. [Online] Serendip Available at: http://serendip.brynmawr.edu/bb/neuro/neuro05/web2/mmcgovern.html [Accessed 10 Feb 2010]. National Institue of Health, 2008. Overweight and Obesity. [Online] Available at: http://www.nhlbi.nih.gov/health [Accessed 10 Feb 2010]. NHS National Health Service, 2008. Why is exe rcise good for me? [Online] Available at: http://www.nhs.uk/chq/Pages/1142.aspx?CategoryID=52SubCategoryID=141 [Accessed 10 Feb 2010]. Oxford Dictionaries, 2008. Oxford English Dictionary. Oxford University Press. Peak Performance, 2008. Endorphins. [Online] Available at: http://www.pponline.co.uk/encyc/0430.htm [Accessed 10 Feb 2010]. Richard B Kreider, A.C.F.M.L.O., 1998. Overtraining in Sport. Illustrated Edition ed. Leeds: Human Kinetics. Shakespeare, W., 1623. As You Like It. Comedies, Histories Tragedies ed. London: Folio.

IS spring Essay Example for Free

IS spring Essay Economy should serve the individuals by maximizing its wealth and power C. economy should serve the Rich by maximizing its wealth and power D. None of the above 3. Which one of the following was promoted under mercantilism? A. A nation should build strong army and conquer other nations. B. Grant legal monopolies to businesses that produce goods for export C. Establish colonies for raw D. All of the above 4. Which school of thought promoted freedom of press, rule of law, and a free market? A. Marxism B. Classical Mercantilism C. Classical Liberalism 5. Which one of the following theorists was against any protections for landlords and aid, Landlords gain is industrialists loss? A. Adam Smith B. David Ricardo C. Karl Marx D. Herbert Spencer 6. Which system tends to believe in trickle down economy? A. Socialism B. Communism C. Capitalism 7. What was David Ricardos point of view on foreign trade? A. Foreign trade is not good for economy B. Foreign trade is not good for economy, therefore government should ban it C. Foreign trade is good for economy because it lowers the wages of local labor leading to more profit for the industrialists D. Balance between imports and exports is good for economy 8. In our discussion on Marxism, we presented a number of evolutionary stages of society. Which stage was pointed out in our lectures as Natural Socialism? A. Hunting and gathering societies B. Agrarian societies C. Ancient societies Feudal societies D. Who was the rural Proletariat during Feudalism? 9. A. Factory worker B. Feudal lord C. Farmer 10. In old days, shoemakers used to make shoes using simple tools. They sold it and made some profit for themselves. What type of capitalism was it? Cooperative capitalism A. Manufacturing capitalism B. Modern capitalism None of the above In a socialist society, who owns the means of production? 1. A. State B. Individuals C. Communities D. Bourgeoisie 12. Karl Marx lists a number of things under forces of production. Which one of the following is one of them? A. Labor C. Money, machines, and infrastructure 13. The story It was Grandfathers Birthday was used in our class to illustrate? A. Poverty B. Inequality C. Class conflict D. Alienation 14. According to Karl Marx, what is a class conflict? A. Conflict between two countries B. Conflict between two religious groups C. Conflict between Bourgeoisies and Proletariats 15. According to Marxists, which one of the following nations has a real socialism? A. China B. cuba C. North Korea 16. According to Karl Marx, what is the main reason of growth in Capital in a Capitalist society? A. Modern technology B. Optimum use of workers C. Exploitation of workers Modernization Theory 17. Which one of the following societies is relatively an undifferentiated society? A. France B. Chad C. Germany D. Norway Modernization theorys point of view on why Somalia is poor? A. Poverty of Somalia is a product of internal factors B. Poverty of Somalia is a product of external factors C. Poverty of nations is a product of both internal and external factors D. All of the Native Indians lived in a traditional society. According to Lews Model of 19. Modernization, which one of the following would be one of the characteristics of this society? A. Fewer specializations B. Universalism C. High use of money and market D. Complex bureaucracy 20. Social scientists have criticized modernization theory for a number of reasons. Why did they believe that Modernization theory is based on ethnocentrism? A. Western European definition of development was used for modernization B. Christian definition of development was used for modernization C. It completely ignored the role of colonialism in the development of Europe D. None of the above 21. Amish live very traditional life in the USA. You have been asked by the US government to prepare a plan to modernize them. Which one of the following should be the main focus of your plan? A. Make laws to force Amish to change B. Make laws to force Amish children to go to public schools C. Try to change the values, traditions, and culture of Amish D. All of the above 22. According to Modernization Generally speaking, how does it influence migration? A. Industrialization leads to a decline in migration B. Industrialization leads to an increase in migration C. Industrialization does not have any impact on migration D. It varies from country to country 23. Japan, USA, Norway, South Korea, and Netherlands went through the same process of industrialization, urbanization, and modernization. Why are these countries so different from one another? Because of cultural differences Because of religious differences Because of environmental differences All of the above World Systems Perspective 24. Which one of the following theorists said that foundations of dependency were laid down during 19th century Europe? A. Karl Marx B. A. G. Frank C. Adam Smith D. Moore 25. Which one of the following nations is Capital intensive? B. China C. India D. Bangladesh 26. Rwanda is a poor nation. Which one of the following reasons of under- development of Rwanda refers to Chase-Dunn? A. Colonialism B. Wars imposed by core nations C. Local environmental and social reason 27. According to Robert Cox, global financial organizations give out loans to poor countries. What is the real goal of these financial policies? B. Help the elites of those countries C. Help their own nations 28. Which one of the following characteristics refers to periphery nations? A. Urban B. Politically powerful C. Poor economy D. Stable governments 29. You watched a video on Wallenstein. What did he say about the future of Capitalism? A. Greed to accumulate wealth will help Capitalism to survive B. Capitalism will collapse as it is C. Capitalism will be replaced by religious fundamentalism 30. Which one of the following statements on Global economic and political interdependence refers to Chase Dunn? A. It helps poor nations through diffusion of technology B. It helps rich nations because they are able to sell their technologies to poor nations C. It helps both rich and poor countries Assignment 1 Generally speaking, in which continent life expectancy tends to be very high? 31. Africa Europe Latin America D. Asia 32. Which nations tend to have very high infant mortality rates?

IT Impact on Organizational Performance in Banking

IT Impact on Organizational Performance in Banking Information technology and permeated almost every aspect of business operations and communications technologies. So it is a one of the most exciting research has been focusing on the wide interest in all parts of the world through the decades, but little was devoted to study the impact of information technology to banks in Bahrain. This study examines the impact of information technology on organizational performance in the banking sector during the period from 2005 to 2009. The dependent variable used is return on equity ( ROE) while the independent variables are Hard ware, Soft Ware, System Development Operations, I .T Maintenance, I.T Training , I .T Insurance , I.T Communication, I .T Implementation, I .T Consultancy , I .T Sites and Business Continuity Planning (BCP). Preliminary data collected through in-depth interviews, official documents and surveys of the field through the top 8 banks in Bahrain, this data has been tested by applying different statistical methods and finance. The research results led to the conclusion that information technology has a positive impact on organizational performance in the banking sector. CHAPTER ONE INTRODUCTION As an emerged business trend, the use of information technology (I.T) in the economic organizations are immense and measureless. Systems of organization and functions are now considered effortless and unproblematic because of I.T. information technology passes to be the most important one for each financial institution and the banks, particularly, they are one of the greater investors in I. T, Ahli united bank one of these banks that costs them around $ 13 millions. It is an enormous cost of this technology for local and international market. The existing studies generally have concluded two positive effects concerning the relationship between IT and the financial performance of banks. â€Å"First, it can reduce operational costs of banks (the cost advantage). For example, the Internet helps banks to conduct standardized, low value transactions (e.g. send the bill payments, balance inquiries, account transfers) through the online channel, while focusing its resources on specialized, high value added transactions (eg small business loans, personal trust services, investment banking) through branches. Second, can facilitate transactions between customers within the same network(the network effect). As an example, let us consider the case of automated teller machines (ATMs) by banks. If ATMs are geographically dispersed areas available largely over, the advantage of using an atmosphere will increase as customers can access their accounts from any geographic location they want. This would imply that the value of the ATM network increases with number of locations available in the atmosphere, and the value of the network of the a bank to a customer is determined in part by the final size of the network effect banks network is important in the adoption of the atmosphere. IT has drawn the attention of many researchers, commissioned to study the impact of IT in the functioning of the bank and that is a goal of many organizations. Some researchers have found positive relationships between IT investment and organizational performance and some of it found it negative. Problem Statement IT investments and its impact on the banking industry is a very important point for both banking managers and IT managers to be able to deal with and justify wither increased spending for investment in IT will lead to increase performance of Bank or not. That will put increasing pressure on managers to asses its business value. In this study we will examine the key components of IT investments (Hard ware, Soft Ware, System Development Operations, I .T Maintenance, I.T Training , I .T Insurance , I.T Communication, I .T Implementation, I .T Consultancy , I .T Sites and Business Continuity Planning (BCP) to see if spending in different IT areas as an impacts on bank performances. Significance and Importance The importance of this project lies in its ability to shed a light on the Impact of Information Technology on The Financial Performance of Bank sector in kingdom of Bahrain. Furthermore, this study would encourage other Banks in the area to benefit from Bahraini Banks experience and therefore follow their lead. Purposes The goal of this study is to: To determine which type of information system leads to high financial performance of the banks. Evaluate in what specific ways and to what extent do information systems could eventually lead to high financial performance. To find out what issues emerges when implementing IT at the bank. Research Hypothesis The main Hypotheses There is no significant relationship between investing in I.T and the financial performance of Banks of Bahrain. H01: There is no significant relationship between investing in HW and the financial performance of Banks of Bahrain. H02: There is no significant relationship between investing in SW and the financial performance of Banks of Bahrain. H03: There is no significant relationship between investing in SDO and the financial performance of Banks of Bahrain. H04: There is no significant relationship between investing in Main and the financial performance of Banks of Bahrain. H05: There is no significant relationship between investing in Trn and the financial performance of Banks of Bahrain. H06: There is no significant relationship between investing in Insu and the financial performance of Banks of Bahrain. H07: There is no significant relationship between investing in Comm and the financial performance of Banks of Bahrain. H08: There is no significant relationship between investing in Imp and the financial performance of Banks of Bahrain. H09: There is no significant relationship between investing in Con and the financial performance of Banks of Bahrain. H010: There is no significant relationship between investing in Sit and the financial performance of Banks of Bahrain. H011: There is no significant relationship between investing in BCP and the financial performance of Banks of Bahrain. Key Words Information technology (I.T): any technology that helps to produce, manipulate process, store, communicate, and/or disseminate information. Information system (IS): is any combination of information technology and peoples activities using that technology to support operations, management, and decision-making. I.T Investment : Banks of Bahrain: Its a financial institution located in Bahrain that deals in money and its substitutes and provides other financial services. ATM: automated teller machine, which allows customers to complete basic transactions without the aid of a branch representative or teller. Financial Performance: is the overall profitability of the insurance firm. Study Outline The paper proceeds as follows: Chapter 2 focuses on the literature review where the work of other researchers and some previous theoretical and empirical studies are mentioned. Chapter 3 is about the methodology used in this study. Chapter 4 discusses the empirical results and findings of the research. Finally, conclusions and recommendations are made in chapter 5. CHAPTER TWO BACKGROUND CHAPTER TWO BACKGROUND Introduction This chapter will specify some aspects of Bahrains economy and what attracts foreign and local investors to invest their capital in this country; along with some important features and statistical data regarding the banking industry, we will try to know why It is necessary for the management of the organizations to measure and to evaluate the organization performance. Finally, the literature review will discuss a number of some previous studies related to this topic. An Overview of Bahrains Economy The economy of Bahrain is mainly defined by oil production and refining and production, ship repair, iron pelletization, fertilizers, offshore banking, insurance. The country is trying hard to privatize its economy so that it can reduce the dependence on oil production and that prompted the government to develop other industries as well. For example, in 1970, the government established Aluminum Bahrain (ALBA), an aluminum smelting industry which still remains an important industry. In a further effort at diversification, the government has also promoted tourism. The government controls the oil and gas, most heavy industry, and the bulk transport and communications, but has made efforts to privatize the economy, bank transfer, light manufacturing, and trade in private hands. Listen Read phonetically Dictionary View detailed dictionary Translate any website El Confidencial-Spain Tom.com-China News.de-Germany Nord-Cinema-France Zamalek Fans-Arabic Gotujmy.pl-Polish Vogue-France Arte Toreo-Spain LExpress-France Onet.pl-Polish Pà ºblico.es-Spain Zeit Online-Germany Bahrains economy is strong and always improving their sectors to look for a bright future. It was called the fastest growing financial center in the Arab world by the United Nations Economic and Social Commission for Western Asia in January 2006 by the City of London global financial centers index in 2008. In 2004 it signed a free trade an agreement with United States will reduce the trading Which Barriers between the two countries. Bahrain Was the first Arabian Gulf state to sign such a trading mutual agreement with the United States. http://www.mapsofworld.com/country-profile/bahrain1.html https://www.cia.gov Banking Sector in Bahrain Bahrain is the home of more than 400 the authorized financial institutions, what represents a rich mix of international, regional and local names. They cover all the range of financial products, with private concentrations in sure, wholesale banking and funds / asset management. The financial sector is now the major sector of the economy represents more than the 27% of the GDP. The financial sector is also the major employer in Bahrain for more than the 80% of the labor. The sector is regulated and supervised by the Central Bank of Bahrain (CBB) (www.cbb.gov.bh), which since 2002 has functioned as a regulator of the entire financial system. Bahrains banking system consists of both conventional and Islamic banks and is the main component of the financial system, which represent over 85% of total financial assets. The conventional segment includes 19 retail banks, 69 wholesale banks, 2 specialized banks and 36 representative offices of foreign banks. The Islamic segment, offering a series of Sharia Conformity of their products and services include 6 retail and 18 wholesale banks, and the numbers are increasing steadily. The banking sector has played a central role in the development of Bahrain as major financial center in the region. As in December 2006, banking sector assets amounted to over U.S. $ 180 billion, more than twelve times annual gross domestic product. The recent increase in the sector has been supported willingly fortune of the industry of the petroleum and the corresponding increases of liquidity. The banks are playing thus a central role in surplus to reinvest the petroleum incomes as well as complying the opportunities of financing in other segments of the economy. http://www.bahrain1.com/banking.html Performance Measures The performance as declared by Wheelen and hunger (2000) is the final result of an activity and a performance organizacional accumulates turned out final of all the organization process and activities. It is necessary for the management of the organizations to measure and to evaluate the organization performance to utilize organizations resources in better form and to win good organization honorableness. Managers measure and to control organization performance, since conducts to a better management of assets, to a greater capacity to provide value of the client, for improve the measures of organization Knowledge and measure of performance organizacional have an impact on an organization reputation. Literature review Many studies had been done in order provide a clear picture of the financial performance of banks. Gupta, Uma and Collins (1997) investigate the impact of information systems on the efficiency of banks. They were centered in determining the relation among the investments in I.T and bank efficiency; they identified an efficiency measures assembly commonly utilized by the banks and they asked to their respondents to specify if these measures were utilized to evaluate the performance of I.T an investment. They found that the companies ensure that the investments in technology are deliberately and in a significant way aligned with achieving the strategic, tactical one, and the operational goals of the business is probable that to see a narrower link among I.T investments and improvements of productivity of the organization. Thus I.T performs an important and valuable role in helping to reach objectives organizational, to enlarge the productivity to improve service to the client, and to utilize fully existing system. Lunardi, Becker and Macada (2003), they evaluated the strategic impact of IT in Brazilian, American, Argentinean, Uruguayan and Chilean banks as perceived by their executives. In order to externally validate the questionnaire, results were analyzed considering, as isolated samples, (a) Brazil, (b) the United States, (c) Argentina, Uruguay and Chile, and, then, (d) as one group merging all data. The results indicate that (1) Competition, Products and Services, and Borrowers (customers) are the main strategic variables affected by IT; (2) there are no differences between executives of IT and other functional executives regarding their perception of the impacts of IT in strategic variables; and (3) the impact of IT in Competitiveness is significantly related with the impact of IT in Borrowers, Government and Country Requirements, Products and Services, and Cost Structure and Capacity. This study supported banking executives to plan IT strategies, their implementation and to evaluate their use. Another research had been done by Elena Becalli. (2005) Who investigated whether investment in Information Technology (IT) hardware, software and other IT services influences the performance of banks by Using a sample of 737 European banks over the period 1993-2000 . The study found that the impact of different types of IT investment (hardware, software and services) on banks performance is heterogeneous. Investment in IT services from external providers (consulting services, implementation Services, training and education, support services) appears to have a positive influence on accounting profits and profit efficiency, while the acquisition of hardware and software seems to reduce banks performance. Shaukat and Zafarullah. (2009) made a study examined the impact of IT on organizational performance in quantitative terms of Pakistans manufacturing and banking sectors over period of 1994-2005 and come with the following result. I.T changed the character of so much work for the industries and enlarges its performance. This positive impact has shown in indicators of qualitative performance. Significant improvements with regard to the different qualitative variables as customer satisfaction, client/suppliers links, image of the business, employees interest work, shareholders, confidence and among office links/communication they have been observed in both the sectors and banking in Particular . Akram and Allam. (2010), explored the impression on improving the performance of two forms of matrix. The first is matrix of financial performance which comprises Market Value-Added (MVA), Return on Investment (ROI) and Earning per Share (EPR) and the second is matrix of operational performance, which includes the Net Profit Margin (NPM), Operating Return on Assets (ORA) and the profit value of the employee (PE). Utilizing IT by Jordanian banks which measured by testing the level of investment in Hardware, Software, Internet Banking, Phone banking, number of ATMs, use of Cyber branches and Banking via SMS. The results of measurements indicated that there was an impact on the use of MIS in Jordanian banks in the market value added (MVA), Earnings Per Share (EPS), Return on Assets (ROA), Net Profit Margin (NMP). Keramati, Azadeh and Mehran (2009), discussed and tested empirical to moderate environmental effects of dynamism and branch strategy on the impact of the investment and other efficient variables (number of employees and fixed assets) in the branches. The study sample was comprised of 102 branch offices of the bank Parsian and the empirical results, on the base of a model moderate of decline. Concretely, IT investment seems to have a greater positive impact on performance of the banks when there are greater environmental changes and more proactiva strategy branch. According to their conclusions, the banks considering that the investment should evaluate their performance environmental contexts and the strategic orientation. Another investigation has been carried out for Mallick and Shirley (2006). They examined the effects of the information technology (IT) in the banking industry of United States. They found that IT can improve banks performance in two ways: IT can reduce operational cost (cost effect), and facilitate transactions among customers the clients inside the same network (effect network). They characterized the conditions to identify these two effects and the conditions for the two seemingly positive effects to turn negative in the equilibrium. The results were tested on a panel of 68 US banks over 20 years, and they found that the bank profits decline due to adoption and diffusion of IT investment, reflecting negative network effects in banking Industry. In this study I will use the same factors used by Akram and Allam (2010) to explain the Impact of Information Technology on The Financial Performance of Bank sector in kingdom of Bahrain. CHAPTER THREE METHODOLOGY Introduction In this part of the study, we build the methodology of the study that is characterized in terms of tools and method of measurement and tests for the problem of the study, taking advantage of methods and tools of previous studies, in order to guarantee the access to the methodology to obtain the information more I need and better results. The key variables will be measured in an intent of practice to identify dependent and independent variables and to explain how the independent variable affects the dependent variable. Finally, It will also provide a study model and some specifications of the model used to conduct the research. Population and Sampling Data Collection The data was collected through in-depth interviews with the senior managers of finance , and some mangers from I.T Department of Banks in sample and from official documents plus We used several academic journals and articles which have been downloaded online from various websites to collect data for this study. Updating numerical data about the Banking sector and Banks have been collected from the annual reports of each Banks which are submitted on their official websites. Population The research population is all locally Banks in Bahrain Ahli United Bank National Bank of Bahrain Bahrain Islamic Bank (BisB) Bank of Bahrain and Kuwait B.S.C . Bank Muscat International (BMI) Standard Chartered Kuwait Finance House Bahrain Citibank Bahrain HSBC Bank Middle East Limited Arab Bank Table 3.1 : Population Source: The Researcher Sample Ahli United Bank (AUB) Bank Muscat International (BMI) were selected as research sample to represent this sector. However these Banks were selected because I found that it was easy for me to collect any information needed for this research from these tow Banks since I am working in Ahli united Bank and I Know Manger of IT in Bank Muscat International (BMI) . Ahli United Bank . Bank Muscat International (BMI) Table 3.2 : Sample Source: The Researcher The first bank is Ahli United Bank, Bahrain (AUB): Ahli United Bank BSC (AUB) formed after the 2001 merger of Al-Ahli Commercial Bank and Commercial Bank of Bahrain, It is a full fledged commercial and investment banking group providing Services of 1. Wealth management 2. Retail, corporate 3. Treasury 4. offshore 5. Islamic banking 6. Real estate fund management 7. Structured finance and private banking services. The Groups businesses consist of the operations in Bahrain, a wholly owned subsidiary in the UK and associates in Kuwait, Qatar, Oman, Egypt, Iraq and Libya. Source: http://www.cbb.gov.bh/page.php?p=banking The second bank is Bank Muscat International (BMI) : BMI Bank (previously known as Bank Muscat International), an associate of Bank Muscat the largest financial services provider in Oman today, is a Retail Bank, registered in Bahrain and regulated by the Central Bank of Bahrain offering a full range of retail and commercial banking services. BMI Bank operates in Bahrain through a network of 8 branches and 26 ATMs with net banking for easy access to services. Source: http://www.bmi.com.bh/AnnualReport/images Period covered in this research This research covers the period from 2005 to 2009. Analysis Plan Use Regression method to specify the relationship between the independent variables (HW, SW, SDO, MAIN, TRN, Insu, Comm, Imp, Cons, Sit, BCP) and the dependent variable which is the (ROE). Research Model Model Specification This economic model is used to examine the relationship between Independent Variables and Banks performance. Defining Study Variables The independent variables Hard ware: Which includes spending on data storage devices, terminals, memory, peripherals, workstations, personal computers and data communications devices, So It is the net investment bank in the computer hardware and equipment in the period. (Akram Allam 2010) Soft Ware: which includes spending on packaged software, application Solutions software, application tools, and systems infrastructure software? It is the net investment bank in the software during the period. (Akram Allam 2010) System Development Operations: Which includes spending on Specific activities related to system development and other expenses for operations management during the period like the network, processing services, backup and archiving. ( Elena Becalli. 2005) I .T Maintenance :On going operational support of either hardware or software IT assets of an organization. This can be both preventative as well as reactive support. I.T Training: Includes education used to enhance general knowledge and expand the abilities to use IT during the period. (Elena Becalli 2005) I .T Insurance: The insurer provides protection of IT assets against fire, theft, flood and accidental damage and protects the firms investment from claims arising out of professional negligence or system failure . I.T Communication: Providing effective ways for inter application, inter entity communication. Effective IT communication provides the backbone for the working of any next generation application due to centralized and cloud based roadmap towards Information Technology. I .T Implementation: Which includes spending on a new or changed application systems are needed in order to support the processes, these must first be procured or developed and implemented. I .T Consultancy: Includes all what they spend to provide product-specific consulting during the period. It is one of the independent variables. (Elena Becalli. 2005) I .T Sites: Physical controlled infrastructure support for IT related hardware / data centers. This can be segregated between production and disasters recover sites Business Continuity Planning (BCP): It is the cost of Planning that identifies to the organization, exposition to external and internal threats and synthesizes soft and hard assets to provide an efficient prevention and the recovery of the organization, during the period. It is one of the independent variables. The independent variables ROE: Return on equity  measures a corporations profitability  by revealing how much  profit a company generates  with the money shareholders have invested. So it is the amount of the net incomes returned like a percentage of the capital stock.   Each banks ROE has been obtained for its annual reports and calculated as: Return on Equity = Net Income/Shareholders Equity CHAPTER FOUR ANALYSIS TESTING HYPOTHESIS Introduction This Section includes tow main topics, the first is about descriptive Analysis of the study variables through various descriptive statistical measures, such as: Central tendency measures, Dispersion measures, Mean, Median, Range and Standard Deviation; to describe the study variables. The Second topic represents testing the study hypotheses, and computing the regression model information. First topic, Descriptive Analysis Descriptive Analysis The descriptive analysis table in the appendix shows the following: From Table 4.1, which illustrates the use of Bahrain banks for I.T, we notes that average cost of H W in Bahrain banks reached the highest average in year 2009 (3,332,204) and this year was the lowest in the standard deviation (323,436), as well as the year that contains the largest cost for investment (3,103,500), which refers to the rise in investment H W by Bahrain banks. The second independent factor is the S W, its mean (medium) started with (1,085,277) and we notice that they are on the increase from year to year until it reaches in 2009 to (3,117,740) While the standard deviation of S W started with 940,060 then decrease to (865,657) and increase later in 2007 and again decreased to (805,459) in 2008 and lowest amount (236,654) in 2009. The minimum S W during the research period was (420,554) while the maximum was (2,950,400). We marked that the third factor which is the S D O had a mean started with ( 627,493 ) and ended with( 525,001 ) and noted that investment in S D O reached the highest value in the years 2005 ( ,000,000) and 2007 ( 720,000 ) while the lowest value was in the year 2008 ( 245,907 ) and the standard deviation started high in first year 2005 ( 526,804 ) and decreased to the lowest in the last year 2009 ( 35,281) . The M A I N mean (medium) started with (930,182) in 2005 and ended with (1,519,138) in 2009. While the standard deviation started with (805,844) and ended with (957,440). The minimum M A I N during the research period was (360,365) and the largest amount was (2,196,150). The fifth factor which is the T R N had a mean (medium) of (133,498), (142,611), (180,363), (147,626) and (94,051) the standard deviation started with 94,048 and ended with (36,697), the minimum T R N during the research period was (66,996) while the maximum was (280,000). The I N S U mean (medium) started with 48,220 in 2005 and ended with 99,966 in 2009 while the standard deviation started with 37,873 and ended with 13,918 the minimum I N S U during the research period was 21,440 while the largest was 109,808. From the previous table we note that the seventh variable COMM, the average cost in Bahrain banks started with 1,124,045 and continue increased upto (1,737,626). In 2009, the standard deviation started with 955,944 and ended with (1,148,871), the minimum rate during the period reached to the lowest of 448,091 and highest was 2,550,000 in 2009. The I M P mean (medium) started with (243,621) in 2005 and ended with (562,749) in 2009. The standard deviation started with (188,627) and ended with the (60,303); the minimum rate during the period was (110,241), while the maximum was (60,303). The ninth factor which is the C O N S had a mean (medium) of (63,192), (32,123), (38,552), (55,051) and (95,053) and the standard deviation started with (52,055) and ended with (35,281), the minimum C O N S during the research period was (14,245) while the maximum was (120,000). The S I T mean (medium) in the beginning 3 years were the same 65,307 years and in the last 2 years increased to (104,500) while the standard deviation started with 49,063 and ended with (21,920). The minimum S I T during the research period was 30,614 while the maximum reached to (89,000). The BCP mean (medium) in the beginning year started with (295,011) and ended in the last year with (430,744). While the standard deviation was beginning with (247,472) and decreased in the last year to (198,759). We note the minimum BCP during the research period was (120,022) and the maximum was (571,288). The dependent variable is the ROE which was marked by the year 2006 the highest revenue between the years of the sample, as it reaches the highest return of 19.230% while the standard deviation was started with 3.606% and decreased later to .495 % in 2009. The year 2009 marked the lowest return on equity, amounting to 9.600%. Regression Analysis I used Pooled Data Regression method because Ive tie series data (2005-2009) and cross-sectional data (2 Banks). I have mathematical model of the study is developed as follows: I used E views program to analyze the data, I also used pooled regression and multi-regression because we have more than one independent variable verses only one variable which is the R O E. The confidence interval is ( 95 %). Testing Hypothesis As stated in the first chapter, these are the null hypothesis for this research The main Hypotheses There is no significant relationship between investing in I.T and the financial performance of Banks of Bahrain. H01: There is no significant relationship between investing in HW and the financial performance of Banks of Bahrain. H02: There is no significant relationship between investing in SW and the financial performance of Banks of Bahrain. H03: There is no significant relationship between investing in SDO and the financial performance of Banks of Bahrain. H04: There is no significant relationship between investing in Main and the financial performance of Banks of Bahrain. H05: There is no significant relationship between investing in Trn and the financial performance of Banks of Bahrain. H06: There is no significant relationship between investing in Insu and the financial performance of Banks of Bahrain. H07: There is no significant relationship between investing in Comm and the financial performance of Banks of Bahrain. H08: There is no significant relationship between investing in Imp and the financial performance of Banks of Bahrain. H09: There is no significant relationship between investing in Con and the financial performance of Banks of Bahrain. H010: There is no significant relationship between investing in Sit and the financial performance of Banks of Bahrain. H011: There is no significant relationship between investing in BCP and the financial performance of Banks of Bahrain. The above hypothesi

Enormous Changes at the Last Minute: Postmodern Humanism :: Grace Paley Enormous Last Minute Essays

"Enormous Changes at the Last Minute:" Postmodern Humanism in the Short Fiction of Grace Paley(1) On the jacket of her second book of short stories, Enormous Changes at the Last Minute, Grace Paley, a feminist, postmodernist, antiwar activist, and writer, identifies herself as a "somewhat combative pacifist and cooperative anarchist." In 1979, she was arrested on the White House lawn for demonstrating against nuclear weapons, and her rÃÆ'Â ©sumÃÆ'Â © is full of such protest-related arrests. Paley's statement in a 1998 interview with the online magazine Salon is typical: "Whatever your calling is, whether it's as a plumber or an artist, you have to make sure there's a little more justice in the world when you leave it than when you found it." Paley's fiction expresses similar sentiments but in rather subtle ways. Women in her short stories do not get arrested for protesting; instead, they visit their aging fathers in the hospital. (2) Paley's concern for justice appears in her short fiction as a postmodern humanism that works itself out in the establishment of storytelling, re ality-making communities. In "Toward a Concept of Postmodernism," Ihab Hassan schematizes postmodernism in opposition to modernism. This sampling of the catchwords he identifies gives us a window into the project of postmodern theorists: Antiform, Play, Anarchy, Decreation/Deconstruction, Antithesis, Absence, Dispersal, Anti-narrative/Petite Histoire, Indeterminacy (591-2). Postmodern writers, then, play with language, experiment with narrative fragmentation, introduce previously ignored voices, borrow heavily from both popular culture and "canonical" literature, and generally break boundaries. How can we classify Paley as a postmodern writer if an ethical framework underlies her writing? Shouldn't she be trying to deconstruct reality and expose the meaninglessness of the American experience? Of course, no work or writer fits perfectly into postmodernism's theoretical agenda. For that matter, the very establishment of an unyielding definition of postmodernism is antithetical to its self-proclaimed turn away from the rigidity of modernist thought. For students of postmodernism this can be a maddening maze of deconstruction that eventually leads to the extinction of the study of literature. If, as radical deconstructionists might argue, our language systems and understandings of reality prove to be valueless, the scholar of literature is left with little to do, as is the social critic. It is for this reason that Hassan writes Thus we can not simply rest-as I have sometimes done-on the assumption that postmodernism is antiformal, anarchic, or decreative; for though it is indeed all these, and despite its fanatic will to unmaking, it also contains the need to discover a "unitary sensibility" (Sontag), to "cross the border and close the gap" (Fiedler).

American Male Pigs :: essays research papers

American Male Pigs Today in this great country of ours, there is an animal that stalks the face of our land. An animal that'll stop at very little to obtain it's nightly goal. Some women have unjustly classified this animal a Land Shark, along with an assortment of other colorful names. Little do the women of this country realize that these animals have banned together to form a national coalition. I, along with most males above the age of consent, am a proud and very active member. Our covert organization is called American Male Pigs. Our slogan to all other males and future males, is: "Get AMPed" Our purpose is to educate the present, and future male populations, so that they might be better able to distinguish between the different types of females and notify all other members of their findings. Everyone is unique. However, most women can be herded into three basic groups. Those groups are: Those who do, Those who don't, and those who do, that you won't do. The last group and by far the least important, are those who would do Anything with Anyone that you won't do. These women aren't usually very attractive. They are more often than not, quite heavy. They are NOT desirable. These are the women, who after you've been drinking heavily all night, at 2:00 A.M. still don't look good. You can see them lined up at the exit to every bar, looking quite sad, lonely and pathetic at closing time, hoping and praying to get lucky. Unfortunately this hefty flock is usually good in bed. Logic of course would dictate that they would have to be, or else they know they would NEVER get anything otherwise. The other type of third class women that aren't usually identified until it's too late, are the "FATAL ATTRACTION" type. They'll do anything you ask, whenever you ask, but in return you unknowingly give up your soul. These are without a doubt the most hazardous of women, and must be immediately identified. The second section is a strange breed indeed. Those who won't. Won't what, they won't do anything with anyone. We have all met these. Usually stuck up, with an air of conceit, grandiosity and Supreme BITCH all rolled up into one HOT, tight-assed little package. These are not hard to find. Most seem to ooze out of the woodwork. The only purpose we can find for these prudes is to PISS males off. A lot of these women will talk to you, some might actually date you. Beware of these dates! You buy your date dinner, maybe a show, then when it comes to a kiss

Carribbean Mist :: essays research papers

Caribbean Mist Web Project Recommendation Report Overview This report provides Caribbean Mist Inc. Tanning Spa, with a well detailed recommendation for a web site that would cater to the company’s needs. In order to create a good web site and write a good report we need to have a general understanding of your needs. From our extensive research we can see that the main goal for the company’s web site is to attract more customers and provide customers with more information regarding your services. Both goals are addressed in the recommendations for the web site so that it will achieve its full potential. In this report we will analyze and contextualize our team’s field research so that we can give recommendations for a web site that meets the standards of Caribbean Mist. After looking over what we had gathered from our research we began to see what Caribbean Mist is looking for in this web site and what restrictions and standards you are forced to comply with. The report provides recommendations for advertising for the web site, web site design, where to host the web site, and the context on the web site. Each recommendation is well stated and provides descriptive steps or actions, supported by research, that the company must perform in order to fulfill the recommendation. Along with the description, we will provide a rationale on why the option we chose will best suit your needs. Lastly, each recommendation presents Caribbean Mist with a step by step procedure of what needs to be done and how long it will take. To assist Caribbean Mist with our recommendations, we have also i ncluded a cost analysis of each recommendation that is given so that you will know exactly how much each step will cost and how much money will be needed to get the project started. Analysis Our team executed a number of things to produce our recommendations. We did field research, an interview, and market research. Our field research consisted of an in-depth observation of Caribbean Mist while they were open for business. This gave us a better idea of what types of customers come into Caribbean Mist and how often. We also conducted an interview with the manager to get a better idea of what Caribbean Mist wants in a web site. We conducted market research by examining other tanning company web sites to see what is popular in the industry.

Compare and Contrast: Cataract Operation, About his person, & Poem

Simon Armitage was born in 1963 and lives in West Yorkshire. Simon Armitage has taught at the University of Leeds and the University of Iowa's Writers' Workshop, and currently teaches at Manchester Metropolitan University. He writes biographical poems, which are based on things, which he has experienced in his life. In this essay I will be comparing and contrasting three of Simon Armitage's poems, Cataract Operation, About His Person and Poem. The subject matter in Cataract Operation is about the poet looking out of his window and seeing things in a way he has never seen them before, like pigeons in the yard, washing on a line, and hens pecking for food. This is because a cataract operation clears the lens of his eye's, which has become unclear, so the poet is affectionate to his new way of seeing things to having had a difficulty in front of his eyes cleared away by surgery. The subject matter is a happier and more enjoyable compared to About His Person. About His Person lists all the items that a dead man had upon him when he was discovered. It reads like a police officer's report. The following quotations â€Å"an analogue watch, self-winding, stopped†, â€Å"but beheaded in his fist†, and â€Å"a ring of white unweathered skin† all show a sign of a wrecked and finished life. Poem could be similarly compared to the two other poems. The reason being is as it shows signs of affectionate love and signs of tragedy and deceitfulness. Poem is about a husband and a father who has a serious problem with his frame of mind. † And if it snowed and snow covered the drive he took a spade and tossed it to one side, and always tucked his daughter up at night, and slippered her the one time that she lied. This quote shows us that he had a mixed personality and proves sometimes he did this, and sometimes he did that. The language used in Cataract Operation can be very misleading, as the poet creates phrases, which could mean a number of things and is left to the reader to decide. â€Å"A pigeon in the yard turns tail† is an example of the misleading language used because we imagine the bird turning around so that its tail faces the poet in the window, while at the same time we can read turns tail as ‘runs away from' or ‘turns its back on', as if it is snubbing the poet. Simon Armitage also uses a mixture of metaphors and personifications so that every item of drying laundry takes on a characteristic movement of the country or place that we might associate that item with. For example, the shirt is doing â€Å"monkey business†, as if the shirtsleeves were the monkey's arms and the handkerchief waves cheerio as the original type of British man who wears a handkerchief in his chest pocket might do. The poem is laid out in ten couplets, but they are not rhyming couplets as we observe in About His Person. There is no steadiness in the length of the lines, to highlight that everything the poet sees is new and irregular. The language used in About His Person is very similar to the language used in cataract operation. Again the poet uses a number of misleading expressions, like the title itself. It could be a formal way of saying, â€Å"he had on him†, but if you look at it in a different manner then it could also suggest that the poem is about the dead person whom is the subject of the poem. About His Person written in ten two-line stanzas called rhyming couplets. They are short and accurate, just like the notes that a detective might make if he or she was investigating a dead body. The language used in Poem is different compared to the other two poems, as the words are simple. There is no misleading phrases used and the language could be considered as straight forward and formal. â€Å"And every week he tipped up half his wage. And what he didn't spend each week he saved. And praised his wife for every meal she made. And once, for laughing, punched her in the face. † This language is easy to understand and is uncomplicated compared to About His Person and Cataract Operation. Poem is a sonnet, which is often the figure used for love poetry. Maybe, this highlights the lack of love in the man's life. It is divided into three regular stanzas with a couplet to finish. This might help to underline the steadiness and ordinariness of the man's life. The Ideas and attitudes of cataract could be very difficult to understand. We do not know what it was that made the Simon Armitage suddenly see all the objects he talks about in a new manner. Perhaps he did have a cataract operation or maybe he was imagining what it must be like to have one or he could even use the idea of a cataract operation as an image of what it is like to open your eyes. One thing is for sure, that he is trying to explain that we should appreciate our world and see the inner beauty that it possesses. The poet for example saw the images according to his situation and saw the magic in the simplest way and opened his eyes towards it. This cannot be compared to About His person as in this poem a man is being revived within the poem and the poem could be called as a memorial to him. In this poem Simon Armitage creates a misleading story and we are not totally sure of what happened. The police do not get emotionally involved in cases like these, as they gather the bare facts and leave the feeling out, but we sympathise for the man as we believe he was forced to kill himself and we see him as a victim of love and deceit. Poem can in a way be similarly compared to Cataract Operation because it tries to prove a point and produce a moral. The way Simon Armitage tried to make people aware of the beauty of our world in Cataract Operation is similar to the way he tries to make the man in Poem represent the ordinary gentlemen and set a message that sometimes you might do this, and sometimes you might do that. In this poem Simon Armitage does not actually condemn the man for all the things he did wrong; he simply lists the mistakes and leaves us to represent them. Overall I think that About His Person and Poem are similar because they both include the story of a man, whom is involved in marriage and both men have suffered from a problem and in this essay I have fully compared and contrasted all three of Simon Armitage's poems.

Quazi

Afri nates Journal of stemma focal point Vol. 5(27), pp. 11005-11010, 9 November, 2011 Available online at http//www. academicjournals. org/AJBM DOI 10. 5897/AJBM11. 326 ISSN 1993-8233 2011 Academic Journals Full du proportionalityn Research Paper concern of on the job(p)(a) smashing on besotteds scratchableness Hassan Aftab Qazi1*, Syed Muhammad amir Shah2, Zaheer Abbas3 and Tanzeela Nadeem4 1 University of Central Punjab, Lahore 1-Khayaban-e-Jinnah Road, M. A. Johar T protest, Lahore, Pakistan. 2 Illama Iqbal advantageously-defined University, Islamabad, Pakistan. 3 Islamic International University, Islamabad, Pakistan.Accepted 20 April, 2011 The correlativityal statistics mingled with works(a) uppercase and gainfulness of unfluctuatings is snapd for the solicitude of bullion rhythm rule of birth go over completement. operative jacket crown is do by the trine main(prenominal) factors, debtor, mentionor and cable. When we entangle property transm utation cycle (CCC) to on the job(p)(a) corking consequently it becomes functional discoverstanding heed (WCM). Two sectors be strikeed as a exemplification size move and oil and gun sector. The clock time spot is from 2004 2009. contrastive unsettleds affecting the advantageousness of upstandings atomic numerate 18 mete outed.In this force field, last workss corking, stock certificate riseover in sidereal age, comely estimate due and m startary addition to entire assets (FATA) be taken as self-sustaining varyings. The result tests domineering move of functionals jacket (WC) on mansions favorableness. R shows the fitness of the as summatee which is 49. 95%. The independent variables frameulate 49. 95% of the dumbfound. Key words on the job(p)(a) seat of government guidance (WCM), cash rebirth cycle (CCC), vizor receivable (AR). INTRODUCTION A good number of bulletproofs substantiate em force out sufficient cash in work r oof. work big(p) centering (WCM) is an outstanding factor of pecuniary management (FM).Debtor, addressor and stock certificate argon the major atoms of working swell (WC). Large stock and take credit polity end affix the gross gross revenue volume. stock-taking is the main disclose of the working nifty. emergence in the armory entrust give decrease in the seek of stock out. blood is done for fulfilling the film of the public. Inventory is the liability of the come with to c ar it. The an early(a)(prenominal) element of working upper-case letter (WC) is accounts collectible (AP). Firms poop check the sh ar of the products provided by the producer by well-favored them late carryment, whether it is suitable for the rigid or non.Late consecratements get very bad fantasy of the fast(a) in the market. Accounts receivable is as well the major part of the working slap-up. concur in the years of receivable creates more than(prenominal) complicati on for the bon ton. work nifty management is still taken lightly by some companies. It works as a key to free the cash from stock, accounts assumeable (AP) and accounts receivable (AR). To deal with the little important aspects of efficient and actionive workings seat of government (WC), impregnables terminate sharply reduce the out sourcing and they dissolve carry out the money for forthcoming vestment or opportunities.This pile create more financial flexibility and maturation the expense of the firm by cut back corking employed (Buchmann and Jung, 2008). This study fundamentally focuses on the coarse stand financial decisions, future coronations and allocations of property, dividends and valuation of the firm in the stock market. However, balance sheet components assets and liabilities argon bespeakifi merchant shipt in inadequate endpoint planning and they need to be guardedly examine by the firm. Short barrier assets and liabilities ar managed c arfully by working majuscule management (WCM) for the growth of the firms favourableness (Smith, 1980).For creating good worth of the character in front of shargonholders, firms sop up to manage working cap efficiently and effectively. working(a) majuscule management c are for starts from the purchase of raw material up to the gross revenue of the goods. It creates significant fix on the profitability and liquidness of the firms (Shin and Soenen, 1998). crystalize working capital (NWC) and gross working capital (GWC) are the two major concepts of working capital (WC). The fall up-to-the-minute assets and * alike(p) author. E-mail emailprotected com. Tel +92-42-35880007 or +923334604314. 11006 Afr. J. Bus. Manage. orking capital (WC) can be replaced as a utter(a) working capital of the firm. By subtracting stream Liabi-lities from trustworthy additions it becomes Net work metropolis. Net working capital (NWC) can alike be used to account the fluidness barely it is not usable when firms are studyd with apiece other regarding accomplishment, that useful in measuring the internal control of the firm. The net working capital helpers to compare the liquidity of previous record of the firm performance. The main purpose of the working capital management (WCM) is to make the sustainable train of the working capital (WC) which is favorable for the firm.Net working capital (NWC) is the part of the electric currents assets which is main-tained through property having maturity life more than one year. Current assets represent the source of unequal terms property. If the firm has less(prenominal) short term finances then it is support by long term funds and sustains the firm revalue and market share price. This is very useful for the ana-lysis of trade between profitability and risk in the shares of the firm. haughty working capital (PWC) and controvert functional enceinte (NWC) are the two realizable signs. Positive working capital ( PWC) is the sign of firm healthiness.Positive working capital (PWC) delegacy that firm necessitate the ability to pay the liabilities which maturity date are less than one year of the firm on due date. Positive working capital (PWC) is careful by canvas Current Assets (CA) by current liabilities (CL). Negative on the job(p) pileus is the sign of firm weakness. Negative working capital call ups that company does not have the ability to pay the short term liabilities. When the works ceiling (WC) shows negative sign, it indicates long term funds support the short term funds and firm can easily pay the obligations on due date and save the value or worth of firm in the market.But in the contrary case, firm declining means bankruptcy. If declining working capital ratio continues for longer stop consonant then it can affect the firm value. If the firm capacity is more in the operation, the more adjoin in working capital (WC). It can be analyzed by comparing the operation of wo rking capital (WC) periodically. running(a) capital is raised from winnings or outsourcing. Outsourcing means when there are more sales in the season but the firm is not able to invest and produce more products.From outsourcing, more liabilities farm but on the other guidance from investing more, revenue forget grant from more sales and it will addition the assets of the firm. working(a) nifty Management (WCM) has its concern on profitability as well as liquidity of the company and the simple aspiration of a company is to sum up the annual revenues. Keeping the company liquid is an extremely main task in addition. Increase in company profitabiliy by minify the liquidity of the company can exercise some serious problems for it. Goals cannot be neglected at any address because to each one individual goal has its own importance. If goal of maximizing the profit is gnored, survival is not possible for a longer time. Similarly, if liquidity fair game is ignored, insol vency or bankruptcy could be faced. Because of these bases, proper attention should be effrontery to Working working capital Management (WCM) which affects the companies profits and through this, it will show the effect of the Working majuscule (WC) on profitability (PRT). The enquiry problem of this study is does working capital have significant bear upon on profitability of a company? The objective of this reseach is to find out the correlativity between working capital and profitability (PRT) through statistical analysis of a sample of listed companies.The purpose of this research is to analyze the squeeze of traditional working capital policies (WCP) on the profitability (PRT) of the firms, to analyze whether Working Capital Policies (WCP) can become motionless over a long tally and to draw a conclusion slightly the impress of working capital on the profitability of companies. LITERATURE REVIEW A significant portion of financial research is concerned with the Managemen t of working capital (MWC). This issue has been investigated at both metaphysical and empirical directs. Different researchers have worked on working capital from polar perspectives and in several(predicate) economic environment.The environments and perspectives are discussed in detail in this work. This opus is conducted for the connector between working capital (WC) and value creation for shareholders. Working capital has three parts. First, account receivable second, account payable and third, inventory. Account receivable is a part of balance sheet, placed in the Asset Side (AS) and it is the inflows of firm. Account receivable is retained when a company makes sales on credit bases. Account payable is also the part of the balance sheet, placed on the liabilities side and also the outflows of the firm.Account payable is retained when a company do sum expenditures on the credit bases and make a payment on different terms. Inventory is maintained for generating the revenue s from sales. The standard flier for working capital management (WCM) is cash transformation cycle (CCC). Cash conversion period reflects the time span between expenditure and collection of cash. Cash Conversion circle (CCC) is based on three components number of days of account receivable, number of day of accounts payable and number of day of inventory. It is mensural by the sum of inventory conversion period less payable conversion period.Different researchers use the name like net trade cycle for calculating the Working Capital Management (WCM). In this, both component is cypher in percenttage of sales (Soenen, 1998). Qazi et al. 11007 In Marcs view close firms invest cash in working capital (WC) and it shows that the management of Working Capital leaves good impression on the positivity of firms. Similarly, firms Working Capital Management (WCM) is a major part of financial positions. It helps the firms in maximizing their riches and value of the shares. Larger invent ory and trade policy can make higher(prenominal) sales for the firm.Large inventory reduces the risk of stock out for fulfilling the demand of the public. By providing credit sales to the customers, suppliers have significant cost advantage over financial insane asylum (Deloof, 2002). Different researchers have different views that they try on on the working capital. There is a plus correlation between account receivable and operating income of firm. Because if the good provided on credit bases then the days of the accounts receivable will not be for long period. On the basis of the accounts receivable, firms running their trading operations can meet the payment on due date.Efficient liquidity management (ELM) is a process which includes planning and controlling of current assets (CA) and current liabilities (CL). fluidness and profitability of firm have great relation with each other. This family kind can be analyzed by current ratio (CR) and cash gap (CG) (Abdual, 2007). Fi rms short terms liabilities are directly related to the former darn the continuity of liabilities is concerned with the latter. Higher investiture blocked in stock and accounts receivable creates problem for operation. Decrease in number of days of account receivable gives increase in early eserves (Padachi, 2006). financial managers can gain profit by maintaining component of cash conversion cycle (CCC) at a higher level (Nazir and Afza, 2009). If the inventory gets to the minimum level and the number of days account receivable (NDAR) also becomes minimum, then firms can increase their profits and run their project efficiently and effectively (Abdul, 2007). The policies of working capital management can help to measure the WC. If the policies which the firm is handout to instrument are very strict and utile for the firm then the firm will not bear losses or stock out or less short term assets.The financing policies mean how to allocate the revenue to different departments and after(prenominal) how many days the firm is going to receive their payments and ability to pay his own payments. The share value can be created by the financial managers if they efficiently manage through conservative approach (Nazir and Afza, 2009). Different researchers use different analysis models. For empirical investigation, the anova and Pearson correlation analysis is applied. From these models, firm size and cash cycle can be measured easily.It is easy to measure the efficiency of working capital management (WCM), performance evaluation and the whole efficiency of the firm by setting up their purports. For calculating the overall efficiency of the firm, the target has to be achieved in limited time period. Researchers use pooled info for the analysis. In the pooled data, different independent variables such as degeneration combine with the dependent variable (Zariyawati, 2009). The financial leverage and growth in sales are the major factor of firm profitability. Firm s have to select the best policy to improve their collection and payment period.Efficient management financing of working capital can increase their operational profitability (Abdul, 2010). later studying the above articles, it is seen that the results of all researchers are the same on working capital management (WCM) and profitability (PRT) regardless of different companies, environments and situations. METHODOLOGY This research is to analyze the impact of working capital (WC) on the profitability (PRT) of oil and gas and travel sedulousness with reference to Pakistan. Different statistical tools are applied to analyze the significance of the variables. So, the method of coefficient of correlation has been selected.Regression analysis is applied for interrogatory the model reliability and significant relationship between variables. Data set and sample Two sectors are selected from Karachi Stock permutation. The runner is oil and gas and the second is railroad car sector. A total of 20 companies are taken as sample for the data collection, which are collected from different sources. They are taken from 2004 2009 from the annual cogitation. Some data are collected from the assert verify of Pakistan (SBP). State Bank of Pakistan (SBP) provides an analysis report of different sectors and companies which were listed in Karachi Stock Exchange (KSE).In this study, different variables are taken to measure the working capital (WC). Working Capital is taken as independent variable (WC) while profitability is taken as dependent variable (PRT). In this case, profit after tax is taken as profitability of firms. Working Capital can be measured by different ways. First is net working capital (NWC), which is measured by current assets (CA), separate by current liabilities (CL). Second is inventory overturn in days (ITID), which is calculated by inventory carve up by Cost of Goods Sold (CGS) and multiplied by 365.Third is number of day of accounts receivable (AA R), which is calculated by other current assets divided by sale and multiplied by 365. Forth is financial asset to total assets (FATA), which is calculated by adding cash and investment and the whole divided by total assets. In addition, current ratio (CR), debt to right ratio (DER) and sales natural log (LOS) are taken as control variable in this analysis. All the aforesaid(prenominal) variables are affecting the Working Capital, Working Capital Management (WCM) and it will have negative or positivist impact on the profitability of the firms.Hypotheses testing The objective of this research is to examine the impact of Working Capital (WC) on the profitability of firms. attend 1 shows the impact 11008 Afr. J. Bus. Manage. Figure 1. repair of Working Capital on profitability. of working capital on profitability H1 Working capital has positive effect on the profitability of firms. H0 Working capital has no positive effect on the profitability of firms. Model specification In this study, grace data turnaround analysis and time series of data are taken. For the lapsing analysis, pooled data are used.In this pooled data, all variables are combined on the same level and selected variables are grouped as independent and dependent variables. After that, all variables are selected for regression and correlation analysis. Model compare PRT it = ? 0 + ? 1 (AAR it) + ? 2 (ITID it) + ? 3 (CR it) + ? 4 (DER it) + ? 5 (LOS it) + ? 6 (FATA it) + ? 7 (NWC it) + ? PRTi t = Net Profit t i = 1- 20 firms. ?0 important ? i Coefficients X it X it self-sufficing variables i at time t t Time = 1-5 years. ? The fault term Whereas, AAR = Average Account Receivable ITID = Inventory turnover in age CR = Current Ratio LOS = Sales logarithmFATA = Financial Assets to Total Assets NWC = Net Working Capital DER = Debt Equity Ratio Qualitative analyses In this paper, two analyses are applied. First, correlation and statistical tools are applied in these data. We select person corr elation model for this study to find out the degree of correlation among dependent and independent variables. In the regression analysis, we gather the data from annual reports and turn it to the same level. This gathering of data is called pooled data. For this analysis, we select E-views software to analyze it correctly in the case of pooled data.DATA ANALYSIS AND REGRESSION RESULTS The correlation and determination coefficients are the measures of the regression model. First, correlation coefficient (49. 95%) and the determination coefficient (26. 12%) show the degree of correlation among working capital and profitability of selected firms from oil and gas and automobile sector over 2004 2009. The standard error value is 6. 5926 and F-statistics value is 5. 4213 which is significant at 1% and shows 100% fitness of the model ( panel 1). Similarly, the Durbin-Watson statistics is 1. 9991 which clearly defines that there is no nonparallel correlation in this regression model.mesa 2 shows the estimation results of the six antecedents for the independent variable of working capital at Qazi et al. 11009 Table 1. Model summary. R R2 Adjusted R-squared sample Error of Estimate Durbin-Watson statistics F statistics 0. 499599 0. 261211 0. 213029 6. 592679 1. 991426 5. 421362 Table 2. Estimation results. Variable NWC NDAR ITID FATA DER CR heart 23. 58595 129. 4913 75. 80012 0. 217936 17. 96434 18. 85266 SD 8. 415465 351. 7532 143. 2339 0. 191679 3. 368055 0. 597391 T stats 4. 520358 0. 254527 0. 937944 -0. 477942 -0. 554939 0. 096545 Remarks Sig not Sig Not Sig Not Sig Not Sig Not Sig Table 3.Correlation matrix. proceeds NWC NDAR ITID FATA DER CR PROFIT 1. 000000 0. 474400 0. 109619 0. 112621 -0. 124623 -0. 201328 -0. 217375 NWC 1. 000000 -0. 086246 -0. 125120 -0. 054646 -0. 308676 -0. 397314 NDAR IITD FATA DER CR 1. 000000 0. 748882 -0. 190807 -0. 095937 -0. 040053 1. 000000 -0. 311687 0. 061122 -0. 118921 1. 000000 0. 078238 0. 396036 1. 000000 0. 008978 1. 000 000 1% significance level. The results show that Net Working Capital (NWC) has positive and significant impact on the positiveness (PRT) of firms and the rest of the variables explain the behavior of profitability but have no significant impact on profitability.In the correlation results shown in Table 3, networking capital has fast positive relationship with profitability of firms while number of days of account receivable (NDAR) and Inventory turnover in days (ITD) are positive but have weak correlation power with profitability of firms financial assets to total assets (FATA), debt uprightness ratio (DER) and current ratio (CR) are weak and negatively correlate with the Profitability (PRT) of the firms.But the correlation results of independent variables somehow showed positive and strong correlation of inventory turnover in days (ITD) with number of days account receivable (NDAR) and a strong but negative correlation of current ratio with net working capital the remaining vari ables correlate but are weak in both the positive and negative sense, thus the concept of colinearity does not exist among the variables as evident by the analysis results. Conclusion This study is the relationship of working capital (WC) and profitability (PRT) of firms. orking capital (WC) is the major portion of the balance sheet. In this paper, data are collected form Annual Reports (AR) and analysis report which is provided from the State Bank of Pakistan (SBP). In this analysis report, the companies which are listed in stock exchange are analyzed and summarized. In this research, oil and gas and automobile sectors are taken 11010 Afr. J. Bus. Manage. as sample. Data are taken from 2004 2009. In this research, R shows the fitness of model which is 49. 95%. The independent variables explain 49. 95% of the model.In the regression results, only net working capital is positive and significant and Number of Days of Account Receivable (NDAR) and Inventory Turnover in Days (ITD) are positive but insignificant and all other independent variables are negative and insignificant. In the correlation results, networking capital is positively agree with profitability of the firms. The other two variables are weakly correlated with the profitability of firms and the other three independent variables are negatively correlated with profitability of firms.Hence, the empirical results of the paper show the positive trend of working capital on profitability of the firms. The results are supported by previous studies of Rahman (2007) and Nazir and Afza (2009) and Deloof (2002) on the Working Capital (WC). REFERENCES Abdual RMN (2007). Working Capital Management And Profitability graphic symbol Of. Int. Rev. Bus. Res. Papers, pp. 279-300. Abdul RMN (2007). Working Capital Management And Profitability Case Of Pakistani Firms. Int. Rev. Bus. Res. Papers, pp. 79-300. Abdul RTA (2010). Working Capital Management and Corporate Performance of Manufacturing Sector in Pakistan. I nt. Res. J. Finan. Econ. , 47 152. Buchmann P, Jung U (2008). Best-practice working capital management Techniques for optimizing inventories, receivables, and payables. Q. Financ. , pp. 1-7. Deloof M (2002). Does Working Capital Management Affect Profitability of Belgian Firms? investopedia. com. (2010). Working capital definations negative working capital, positive working capital.Retrieved October 10, 2010, from www. investopedia. com http//www. investopedia. com/terms/w/workingcapital. asp. Nazir S, Afza T (2009). Impact of Aggressive Working Capital Management Policy on Firms Profitability. J. Applied Manage . Padachi K (2006). Trends in Working Capital Management and its Impact on Firms Performance An Analysis of Mauritian Small Manufacturing Firms. Int. Rev. Bus. Res. Papers, pp. 45 -58. Shin HH, Soenen L (1998). Efficiency of working capital management and corporate profitability.Financ. Pract. Educ. , pp. 37-45. Smith K (1980). Profitability versus liquidity tradeoffs in w orking capital management, in readings on the management of working capital. ST. Pual,New York West Publishing Company. Soenen S (1998). Liquidity management, operating performance, and corporate value try out from Japan and Taiwan. J Multi. Manage. , 159-169. Zariyawati MN (2009). Working capital management and corporate performanceCase of Malaysia. J. Modern Account. Audit. , 5(11) 4754.