New Business Start Up Essay Example | Topics and Well Written Essays - 3750 words

New Business Start Up - Essay Example As they are intending to present an absolutely new item and brand to purchasers, they are on edge about the shoppers' reaction and response. For that point by point overview was done. It must be advised that Radiant Co. items target skin cognizant individuals of upper center and high society. Test size concentrated on age gatherings of 15 onwards. The Survey fundamentally centered around age level between 15-25 since sun assurance and excellence cognizant individuals are for the most part found in this age gathering. Be that as it may, other age bunches were likewise investigated to know their conduct. In the cleanser showcase numerous brands command the scene, making their essence felt in one way or the other either through forceful publicizing or special plans. LUX overwhelms the cleanser showcase through its extraordinary piece of the overall industry, as upheld by the review result its market control is 51%. LUX with periodical rejuvenation of its image has saved the item in the British for a significant stretch of time. Consequently, LUX has all the earmarks of being the significant rivalry for Hibuty in the cleanser business, particularly when one of its cleanser is giving sunscreen recipe as an added substance highlight. Next stands SAFEGUARD, with 23% piece of the overall industry. Shield is increasing a ton of ubiquity as a cured cleanser battling germ all-round - the-clock. There is a future danger to Hibuty of its developing as another contender, despite the fact that not an immediate one as SAFEGUARD introduces itself as cured rather a sun defensive cleanser. Different cleansers incorporate Nivea Milk, English Lavender, Safeguard, Lifebouy and Dove. Most Influencing Factors in Soap Purchasing The major affecting component of potential Hibuty clients, in settling on their buying choice for cleanser is GOOD QUALITY. 60% of the market gives execution of the cleanser a need when getting it. Second most impacting factor deciding their cleanser buying choice is brand steadfastness with 25% of the market getting influenced by it. Third factor being again brand unwaveringness (23%), fourth most impacting factor is simple accessibility (30%); fifth most influencing factor is less cost (36.5%). Least most affecting element is status of cleanser set apart as imported (half). Overview uncovers that cleanser buying choice in not at particularly affected by remote status of the cleanser. The study shows that there is open door for any cleanser that offer great quality at sensible value, expected clients of Hibuty are not very cost cognizant as they consider LESS PRICE alternative among the least affecting variables list. Normally discovered skin type Review indicates that most regular skin type discovered is slick with 40% of the clients having it. Ordinary skin types comprise of 32% of the market, t-zone or mix skin (13%), delicate (5%). Inclination of scent in

Anxiety Disorders essays

Tension Disorders papers I saw the perusing on tension issue as exceptionally fascinating, yet in addition extremely astonishing. The two archives are composed by two totally various individuals that experience the ill effects of nervousness for various reasons. The principal individual, Barbara, had a dread of steps, elevators, and placing her head in water. The subsequent record, Sam, had a dread of snakes. Barbaras story was charming to me since I never imagined that somebody would be dreadful of utilizing steps. I realize that many individuals have fears about planes, certain creatures, and so on., however I never believed that utilizing steps or lifts could make somebody have an uneasiness assault. I truly preferred the intensive clarification of what an uneasiness assault feels like since it gave me a direct knowledge into how she feels at whatever point she has an assault. It was exceptionally odd how Barbara showed valiant conduct in specific circumstances that a great many people would be dreadful in, yet she was still extremely scared of steps, elevators, and placing her head in water. In the wake of perusing her story, I made the association that her nervousness may be an aftereffect of or influenced by horrendous experience from when she was more youthful. I don't know without a doubt if the awful encounters that happened to her are what made her have tension, yet I do think it had some effect on her as a grown-up. I additionally saw Sams story as fascinating and savvy. Not at all like Barbara, Sams account concentrated more on the treatment viewpoint instead of the difficult itself. Sams story was composed from the perspective on his specialist, and I preferred how I was given a perspective from two totally various sides (patient and advisor). I have realized that individuals do have nervousness over specific creatures, yet I never understood that they don't need to really observe the creature to have an assault. Sam would be startled of simply observing an image of a snake, or pondering snakes. I believe that many individuals will in general disregard tha... <!

3 Ways to Finance Dental Care, Even With Bad Credit

3 Ways to Finance Dental Care, Even With Bad Credit 3 Ways to Finance Dental Care, Even With Bad Credit 3 Ways to Finance Dental Care, Even With Bad CreditPayment plans, special credit cards, and bad credit dental loans can all help you afford the oral care you need.It’s easy to avoid going to the dentist, especially if you don’t have a ton of extra cash to shell out for a cleaning. But avoiding the dentist can lead to a much larger bill down the line when you end up needing a filling or, worse, a full root canal.Even with dental insurance, you’re going to end up with a very sizeable bill after a major dental procedure. At that point, the question becomes: How are you going to pay for it?If you don’t have a lot of extra money, or if you have bad credit, you probably can’t pay for the whole thing out of pocket. Instead, you’ll have to find another way to finance your visit. Here are your options.1. Payment plansMany dental practices have payment plans that allow you to pay off the cost of your procedures a little bit at a time. Assuming that you cannot pay the full amount up -front, payment plans are hands down  your best option for financing dental work.These payment plans have something you won’t find with any other form of dental financing: zero percent interest. Since this isn’t a loan or a credit card, you won’t end up paying more in the long run than you would have paid up front.Unlike a loan or a credit card, payment plans won’t be reported to the credit bureausâ€"unless you default on your payments and it gets sent to a collections agency. But while not having your payments count towards your credit score isn’t ideal, the zero interest is worth the trade-off.2. Dental credit cardsThis is another payment option offered by many dentist offices. It’s not as good an option as a straightforward payment plan, but it has its benefits.Instead of letting you pay off your dental procedure a little bit at a time, the office will help you submit an application to a financing company. If you are approved, you receive a credit card that you can us e to pay your bill. You then pay off the credit card through monthly payments.With a dental credit card, your monthly payment should be pretty small, usually something like two to three percent of your total bonus plus a $10-$15 monthly minimum. If you are on an incredibly tight budget, this can give you a lot of breathing room.But those low monthly payments have a downside. Paying only the minimum payment every month means that it could take years to pay off your full balance. And taking that long to pay off your dental procedure means paying a ton of money in interest.That’s because, compared to regular credit cards, dental cards have a high APR. In 2017, Time.com cited a rate of 26.99 percent, which is over 10 percent more than the average credit card rate.On the plus side, those payments will be reported to the credit bureaus, which means that it could end up helping your credit score (or hurt your score if you can’t pay). But honestly, those extra payments on your credit re port aren’t worth the extra interest.If you decide to go with a dental credit card, don’t let those low monthly payments lull you into a false sense of security. Make sure you pay more than your minimum payment every month.It’s the same as using one of your regular credit cardsâ€"which might be preferable to using one of these dental cards, depending on whether you can fit the full cost onto your card.With credit cards of all kinds, the more you pay every month, the more you save overall.3. Bad credit dental loansDental credit cards have a much higher acceptance rate than regular credit cardsâ€"which is generally true of any store-specific card. Still, if you have bad credit, the odds that you’ll be denied for one of these cards is much higher.In cases like this, you’ll probably have to take out a bad credit loan in order to pay for your dental work. These loans come with much higher rates than standard personal loans, but that doesn’t mean that they can’t be a good fi nancial solution.When you’re looking for a bad credit loan to pay for dental work, make sure you steer clear of no credit check loans. These are products are offered by lenders that don’t care at all about your ability to repay your loan. In fact, they might stand to make more money if you can’t pay your loan on-time.To learn more, check out our blog post: Payday Loan Rollover: How Short-Term Loans Turn Into Long-Term Debt.Common no credit check loans include title loans and payday loansâ€"which are sometimes referred to as “cash advance” loans. These are small-dollar, short-term loans that usually have to be  paid back within a few weeks or a month. They have incredibly high APRs, often between 300 to 400 percent, but sometimes much higher.They are exactly the kinds of loans you should be avoiding when looking to pay for dental work.Instead, you should look for a bad credit installment loan that lets you pay your balance off over time. These payments will be larger than t he monthly minimum on your credit card, but they’ll be much smaller than the payments for payday and title loans, which generally require that you pay the loan off all at once.Make sure you find an installment loan that’s amortizing so that the amount you’re paying towards interest grows smaller over time. And if the lender runs a soft credit check during your application process, even better. That means that they care about your ability to repay the loan the first time, instead of just rolling it over.Lastly, check to make sure that this lender reports payment information to the credit bureaus. If you’re going to spend a year or more making payments on your loan, you should at least get those payments added to your credit history.After all, the best bad credit loans will help you fix your credit so that the next loan you get will come with a lower rate.Other options for lowering the cost of dental care.The first thing you should do is get dental insurance. It is much cheape r than medical insurance, and good a plan will dramatically lower the cost of dental care.  No one loves paying their insurance bill every month, but we can guarantee that you’ll hate paying the full cost of your root canal even more.Another option is visiting a dental school and letting the students be the ones to give you care. If that makes you a bit squeamish, well, we can’t really blame you. But they will be doing these operations under close supervision, and the cost of the whole thing will be a fraction of what you’d pay at a regular dentist.You can even talk to your dentist about getting a discount for paying them in cash. Many businesses, including dental practices, are willing to charge less for a service in return for cash payments!Lastly, a great way to avoid large dentist bills is … to go to the dentist regularly. Preventative care is way cheaper than restorative care, so we recommend you choose regular cleanings over the occasional root canal.The only thing we won’t ask you do to is to floss regularly. Come on now, we’re not madmen.To learn more about handling medical costs when you have bad credit, check out these related posts and articles from OppLoans:How to Finance a Medical Emergency: An OppLoans eBookDoes Medical Debt Really Go Away After Seven Years?Want to Avoid No Credit Check Loans? Build an Emergency FundHow do you finance your dental work? We want to hear from you!  You can  email us  or you can find us on  Facebook  and  Twitter.

Anime and Manga - 632 Words

Writing Mode: A research paper is a form of EXPOSITORY writing (informs, explains, clarifies, or defines), anchored to researched, cited information. Scoring Guidelines |6 = Exemplary |3= Developing | |5 = Strong |2 = Emerging | |4 = Proficient |1 = Beginning | Reminder: If a student receives Emerging or Developing in any category the teacher must include suggestions for improvement in the Comments section. PART I: | |Criteria |Score |Comments | |Ideas and Content |Research†¦show more content†¦| | | | |Variation in sentence structure, length, and beginnings that add | | | | |interest to the text. | | | | |Control over sentence structure; fragments, if used at all, work | | | | |well. | | | |Conventions |Correct spelling, grammar/usage, punctuation, and capitalization. | | | | |Internal punctuation is accurate. | | | | |Use of varied punctuation. | | | |TOTAL POINTS for Part I: | /24 | |ORCA Research Paper ScoreShow MoreRelatedAnime And Manga Of Anime1627 Words   |  7 PagesAnime and Manga According to Stewart (2013), Japanese culture is becoming increasingly popular within Western society†, particularly anime, cosplay and games. In the comic world of Japan, comic books are called manga, and anime means that animation cartoon. Manga is a visual narrative to gratify readers through the capability of its plot and characters, and many animation, movie and computer game stories are from manga. In the academic and art fields, fan culture, the majority of visual imagesRead MoreManga and Anime947 Words   |  4 Pages Manga and anime are popular for many people around the world and has been one of Japan’s most lucrative businesses. Manga and anime are misunderstood by some Americans who are unable to recognize the draw to them. To understand both styles, people need to know where they came from and what makes them a preferred interest of so many others. Japanese scroll paintings called the Animal Scrolls progressed into what today is known as manga and then into anime. Animal Scrolls are from the middle ofRead MoreWhat Are Anime and Manga3381 Words   |  14 PagesWhat are Anime and Manga? Thesis Statement: Anime and Manga are getting a lot of attention around the world. But what is the relationship of Anime and Manga? Outline: 1.0 Introduction 2.1 Definition of Anime and Manga 2.2 Brief History of Anime and Manga 2.0 The Father of Manga and Anime 3.0 Relation of Manga to Anime 4.0 Categories of Anime and Manga 5.0 Comparison 6.3 Anime and the American Animation 6.4 Manga and the American Comics 6.0 ConclusionRead MoreThe Development of Japanese Manga and Anime Essay1150 Words   |  5 PagesDevelopment of Japanese Manga and Anime Manga is a Japanese word that is generally used to refer to comics or cartoons while Anime is a term used to refer to animation, also originating from Japan. The origin of manga can be traced to the 18th century. The word was used for the first time in 1798 in Japan to describe Shiji no yukikai, a picture book. The term resurfaced again in 1814 when it was used as the title of books written by Akinwai Minwa; Hokusai Manga and Manga Hyakujo. These books containedRead MoreManga and Anime in the Japanese Culture Essay1146 Words   |  5 PagesManga and anime are a very huge part of Japanese culture. They have a long history in Japan and they have gotten increasingly popular. Even now in modern day Japan, manga and anime have become a major part of everyday life. Though accepted into many households, some people believe that manga and anime are a bad influence to the people that enjoy reading and watching them. However, manga and anime give the people of Japan a huge quantity of stori es to explore and enjoy and a wide range of genres toRead MoreHow Anime and Manga Affect Teenagers955 Words   |  4 PagesHOW ANIME AND MANGA AFFECT THE LIVES OF TEENAGERS Presented by: Paula Carmela Pascua Cheska Andador Kimberly Lourdes Tina Amper Ace Estranero Sheena Ornopia Table of Contents Rationale -------------------------------------------------------------------------- Page Problem --------------------------------------------------------------------------- Page Significance of the Study ------------------------------------------------------- Page Related Literature and Theoretical FrameworkRead MoreThe Production of a Manga Culture in France: a Sociological Analysis of a Successful Intercultural Reception4707 Words   |  19 PagesTHE PRODUCTION OF A â€Å"MANGA CULTURE† IN FRANCE: A SOCIOLOGICAL ANALYSIS OF A SUCCESSFUL INTERCULTRAL RECEPTION Olivier VANHEE Communication à   la Confà ©rence Internationale Asia Culture Forum 2006 Mobile and Pop Culture in Asia Gwangju, Corà ©e, octobre 2006 Introduction Manga and anime are now part of the cultural habits of different generations of French readers, and they are a major cultural space where images and meanings about Japan and Asia circulate. From the end of the 1970’s, interculturalRead MoreMy Community Identity : I Am Part Of An Online Anime Fandom1407 Words   |  6 Pagesof an online anime fandom, which is my community which I have been a part of since the 90’s, that is compromised of anime fans, friends, family and even the voice actors themselves. The Internet plays an even stronger role in promoting social integration by facilitating regular communication among family, friends, and groups base on identity and affinity (people with common identities, conditions, experiences, or interests, especially based on work.) Kottack(2012) I came across anime back in the 90’sRead MoreAnime Of Anime And Anime1212 Words   |  5 Pages  Ã‚  Ã‚     Ã‚  Ã‚     Ã‚  Ã‚     Ã‚  Ã‚     Ã‚  Ã‚     Ã‚        Ã‚  Ã‚   Period 1/4   Ã‚  Ã‚     Ã‚  Ã‚     Ã‚  Ã‚     Ã‚  Ã‚     Ã‚  Ã‚   History of Anime Manga and anime are a huge part in American and the Japanese culture. Anime and Manga were once used for war, propaganda, and recruitment, but is now used for entertainment and leisure. Anime was not just created by one man but by many working together. Anime has had a long line of history causing it to become more and more loved throughout the years. It not only caused Japan a great deal of money and working jobs butRead MoreSummary : Anime Blues Con1232 Words   |  5 Pagesgrew up in, and can result in different language or habits that they pick up from family members. Children pick up on parent’s habits and preferences. For example, some children begin reading manga or watching anime because their parents watch or read it. Secondary discourses are learned outside the home. Anime Blues Con, also known as ABC, is an example of a secondary discourse. ABC is a three day convention held at the Memphis Cook Convention Center. ABC is a non-profit organization whose purpose

Judaism, Islam, and Christianity Essay - 1687 Words

Judaism, Islam, and Christianity are some of the religions that most individuals can relate to, being the three largest religions in the world. Like many religions they share many differences and also some similarities. One difference that these religions hold is their view of Jesus Christ. Similarities are surprisingly common to find among some religions because of the basis they put on one another. Some similarities between these religions include: belief of monotheism and the influence of Zoroastrianism had on each religion. Also another similarity carried out by these three religions would be the significance of Abraham. Some other differences include: religious texts and also how they approach God in prayer. One similarity that has†¦show more content†¦Cit. p. 29. (Ritz). Through Zoroastrianism these religions set up the basis for many of their ideals like heaven and hell, judgment, everlasting life, etc. without Zoroastrianism as there basis they would never share the commonality or universal theme throughout them all which is the afterlife. Although they may not agree on where they go, they do agree that there is life after death which never would have been a commonality between the three without the influence of Zoroastrianism. Jesus Christ is seen in each one of these religions, but how he is seen and portrayed varies greatly from one religion to the next. Christians believe that Jesus came to earth and died on the cross for our sins. This then led to the creation of the New Testament, which was written by many of his disciples. This is where Judaism and Christianity started to have controversy because those of the Jewish faith did not believe that Jesus was the messiah. The adding of the New Testament is where Christians and Jews are set to never agree. Those of the Islamic faith, like Christians, believe Jesus was born from the Virgin Mary. Rather than God they believe that Allah sent Jesus to teach scriptures, but also believe that humans have scoured the word over the years. Also the Islam faith believes that he was alive when God called him to heaven. This is not true in theShow MoreRelatedJudaism, Christianity, And Islam992 Words   |  4 PagesJudaism, Christianity and Islam are three of the most r ecognized monotheistic religions worldwide. These religions are often referred to as the Abrahamic religions because of their history to the founding father, Abraham. Judaism, Christianity and Islam are closely related with varying differences. Christianity was born from within the Jewish tradition, and Islam developed from both Christianity and Judaism. We take a look at some of the major similarities and major differences of these widely practicedRead MoreJudaism, Christianity, and Islam1538 Words   |  6 PagesJudaism, Christianity and Islam Christianity and Islam are the most influential religions in the world. Judaism has only fourteen million followers across the continents which makes Judaism the 12th largest religion. Although Judaism is not as large as Christianity and Islam, It still has an impact on the world. Prophet Abraham is the called in Islam the father of all prophets and because of that, sometimes Christianity, Islam and Judaism are called Abrahamic Religions. There are many known differencesRead MoreJudaism, Christianity, And Islam1052 Words   |  5 PagesAubrey Fletcher 3/9/15 Humanities Professor Michaud 417868 Judaism, Christianity, and Islam There are roughly 4,200 different religions in the world today, among them the largest are Judaism, Christianity, and Islam. These three religions are more similar then one would think. Christianity is the largest religion in the world with 2 billion followers and are called Christians. Islam is the second largest religion in the world with 1.3 billion followers. They are called Muslims, which means â€Å"oneRead MoreJudaism, Christianity, And Islam875 Words   |  4 Pageshave believed in a higher power or powers. Christianity, Islam and Judaism, the three most dominant religions are no different. They are all Monotheistic meaning they believe in one sole higher power or God. Though they share this common idea and many other similarity, they have many distinct features of their own that make them different as a whole. Many past religions have believed in the idea of multiple gods, Polytheism. Judaism, Christianity and Islam believe in one Supreme creator, MonotheismRead MoreChristianity, Islam, And Judaism1636 Words   |  7 PagesChristianity, Islam, and Judaism All three religions believe and worship the same God but they do it in different ways. Judaism happens to be the oldest religion today but they don’t have an official creed. They aim to teach you about God, the Messiah, human beings, and the universe which makes Jewish beliefs very important to them. But it is important to understand that being Jewish is more of a race and culture than it is a religion. Some Jewish people may have no interest in Judaism. Judaism hasRead MoreJudaism, Christianity, And Islam1679 Words   |  7 Pages Completely Different but Surprisingly Similar Judaism, Christianity, and Islam are all three different religions that many may not think can even be compared. At a glance, the religions are derived from different locations, the members of the religions look and act different, and some of the widely known practices are what make the religions so distinct. However, they are more similar than most people think. In the core of the three religions, many of their beliefs and practices show to be extremelyRead MoreChristianity, Islam, And Judaism Essay1967 Words   |  8 PagesChristianity, Islam, and Judaism represent the three most influential religions in the world throughout history. Judaism is, however, not as widespread as both Islam and Christianity, but it still has a profound impact in the world. Judaism, Islam, and Christianity are also known as the Abrahamic religions because their history is traced to the ancient individual, Abraham who is first referred to in the Hebrew Bible. There are many similarities as well as some differences between these religionsRead MoreJudaism, Christianity, And Islam902 Words   |  4 Pagesmost famous three religions -People of the book- are Judaism, Christianity, and Islam. Judaism is the oldest organized religion in the world; however, it only has 14 million followers around the world most of them centered in North America and Israel. Christianity, came after Judaism and have two billion believers around the world, and that’s about one third of the world population. Finally, Islam came after Judaism and Christianity. Even though Islam came afterwards, it spread quickly around the worldRead MoreJudaism, Christianity, And Islam1016 Words   |  5 Pagesthat keeps many people going in life but at the same time, the same reason our world has so many problems and has been torn apart. Through studying the main tenets in call, Judaism, Christianity and Islam were analyzed for weeks. Christianity and Islam take the cake for the two biggest religions in today’ s population however, Judaism plays the smallest role. These three religions, although different, are easily able to be compared and contrasted because of all of the history and information we have attainedRead MoreJudaism, Christianity, And Islam1087 Words   |  5 PagesJudaism, Christianity, and Islam are among the best known and most widely practiced religions today, and have had enormous cultural, ideological, and historical impact on the peoples of every continent. Arguably more so than any other ideological systems, Abrahamic religion has been among the most influential forces in human history. The shared elements of their traditions have allowed them to develop in part through a multi-faceted dialogue with each other. These faiths, despite sharing a common

What empathy means to me Free Essays

Although there are many definitions for the term empathy, one of which states that it â€Å"refers to the reactions of one individual to the observed experiences of another (Davis,113)†, a very fitting definition, however empathy is so much more than Just a label for a reaction toa situation. Personally I don’t think empathy is measureable by scientific assessment, rather empathy should be viewed as a means of moral virtue. A large part of empathy is respect; disagreeing with someone’s choice or thought, while being able to view a situation from their point of view without udgment is truly key. We will write a custom essay sample on What empathy means to me or any similar topic only for you Order Now This being said, that doesn’t mean you have to agree or change your thoughts, but the ability to take in both opinions and react approperately is empathy. Both of my parents taught me â€Å"have you thought about their side of the situation? † This use to frustrate me until I discovered that taking a step back from my perspective and looking at it from a different approach usually made me change my attitude about the situation. No, it didn’t always fix the situation, but it encouraged me to change my attitude from negative to understanding. Matthew 7:12 states â€Å"So hatever you wish that others would do to you, do also to them, for this is the Law and the Prophets. † Empathy is like a mirror, a reflection, but a reflection of emotions that you feel in your life being applied to the lives of those around you. This expression though commonly thought of as a sympathy or a form of comfort, isn’t always the case. Looking at life through the eyes of others is how empathy is expressed. This realization of others feelings can create a bond between you and them. Reflecting on your experiences and applying the emotions from your life to situations of others is part of this mirroring. Empathy was defined by www. newyorker. com in the article The Baby in the Well by Paul Bloom as â€Å"an instinctive mirroring of others†. He also brings up the case of â€Å"The Empathy Altruism Hypothesis† a study done by psychologist C. Daniel Baston. This theory states that taking into consideration others points of view produces a form of self-satisfaction. This self-satisfaction is selflessness; that in itself self-motivates that person to express more empathy. I agree that there is self-satisfaction in helping others that drives you to want to help again, without any form of repayment. Empathy isn’t Just thinking about doing something, but taking action. Empathy as an action seems to fall into a grey area where compassion, kindness, and comprehension all mesh together in a common meaning. According to www. thesaurus. com, these terms are synonymous; in this way, empathy is some much more in-depth than Just a term. Theodore Roosevelt once said â€Å"No one cares how much you know, until they know how much you care†. Part of being human is having expression, and emotion. Without it, what would separate us from a robot? Gary Small and Gigi Vorgan wrote the article Is the internet killing empathy? (found on www. cnn. com) and bring up the statement â€Å"have our brains become so desensitized by 2417, all-you-can eat diet of lurid flickering images that we’ve lost all perspective on appropriateness and compassion†¦? † I agree that it has. Empathy is something to be learned over time through personal experience. This cannot be achieved without interaction with others face to face. If someone never experiences a situation how are they to know think that much of our perception of empathy comes from our learning though personal interaction. The only way that empathy can be taught is by experience. Whether that be reading someone else’s reaction to something, or taking the â€Å"monkey see, monkey do† approach. Regardless, empathy to me is my connection, reaction, and personal views of a situation being expressed toward others at all times and having respect for both of our views. I appreciate that I was taught from an early age to view others opinions, no matter what the case may be, and interpret situations in that manner. Listening, understanding, and interacting with others is the appropriate action in all things in life. How to cite What empathy means to me, Papers

Analysis of Cost Accounting

Question: Describe about theCost Accounting. Answer: Introduction In the current business environment, mangers maintain and use accounting information to make strategic business decisions. For making effective decisions in the business, it is critical for managers to analyze accounting information through using different tools and techniques (Drury, 2013). In this paper, regression analysis technique is used through excel tool to determine the relevant cost-driver for the Dilbert Toys (DT), which produces toys in batches. Below is the analysis for the given data of number of set-up, number of set-up hours and set-up cost. 1. Regression Equation and Regression Output (a) Set-up costs and Number of set-ups Regression analysis technique is applied to determine the relationship of two variables. In the given problem, manger needs to understand the relation of number of set-up and number of set-up hours with set-up costs of the business (Anderson, 2015). In order to determine the relations Regression equation y = 25277x (Please refer excel file) Regression Output Below table depicts regression output: Regression Statistics Multiple R 0.681719 R Square 0.46474 Adjusted R Square 0.388275 Standard Error 51351.14 Observations 9 (b) Set-up costs and Number of Set-up Hours Regression equation= y= 27395x (Please refer excel file) Regression Output Following is the table of regression output: Regression Statistics Multiple R 0.919609 R Square 0.845681 Adjusted R Square 0.823636 Standard Error 27572.58 Observations 9 2. Graphs and Regression Lines for the Data of Question A Graph and regression line for set-up costs and number of set-ups Graph and regression line for set-up costs and number of set-up hours 3. Evaluation of Regression Analysis for Business Decision-Making and Suggestions Regression analysis is a method to analyze the two variables of decisions mainly dependent and independent. It allows managers a way to make prediction and forecasting output accordingly. By determining relationship of variable, managers are able to interpret changes in dependent variables due to the changes within independent variable (Kinney and Raiborn, 2012). In the given problem, relationship of number of set-up and set-up hours with the set-up costs are needed to analyze for informing DT about the most relevant cost driver. Currently, this organization uses number of set-up as cost driver to forecast the set-up cost on monthly basis. The manager identifies a new cost driver namely number of set-up hours to forecast the set-up cost. By identifying the relationship of both cost drivers, it could be effective for manger of DT to determine more relevant cost driver. Through this, manager can make accurate estimation and forecast of potential set-up cost for business. Multiple R value of regression output means correlation coefficient that helps to determine the liner relationship between the variables. A value of 1 indicates that variables have perfect positive relationship, whereas value of 0 indicates absence of any relationship (Anderson, 2015). It can be interpreted from the correlation coefficient value for the number of set-up hours and number of set-ups that former one has more positive relationship with start-up cost. The multiple R value for both variables is 0.91 and 0.68 respectively. The value of 0.91 is more close to one than 0.68 and due to this it can be said that number of set-up hours may more relevant cost driver to estimate the start-up cost for the business in DT (Simmons and Hardy, 2011). On the other hand, the value of R squared also provides an effective floor to access the number of values of a given data set fall into the regression line. The more values falls into this category means that data set has more positive relationship. From the obtained regression results, it is identified that the values of R Squared for number of set-ups and number of set-up hours are 0.46 and 0.84. It can be interpreted from the regression output that approximately 84% data of set-up cost is explained by the number of start-up hours, whereas in case of number of start-up, the value is quite low. This can be stated in the obtained model 84% values of number of start-up values fit the model. It could be stated on the basis of regression output that number of start-up is less relevant cost driver to estimate the set-up cost (Davis and Davis, 2011). On the basis of these values, it would be difficult for managers to make accurate and more relevant estimation of cost. On the other hand, h ours of start-up would be more useful for estimating relevant cost and to make right decision in business in future. In addition to this, significance F value of ANOVA test from the regression output is also analyzed to make comparable analysis of relationship between the variables and to forecast the business cost. The value of significance should be less than 0.1 (10%) to demonstrate the presence of meaningful correlations. It is determined from the significance F value of the given problem that more meaningful correlations exists between the number of start-up hours and start-up cost than the number of start-up (Besley and Brigham, 2014). Significance F value for the regression of number of start-up is 0.0431, whereas it is 0.000 in case of the number of start-up hours. It indicates that the significance value of number of start-up hours is lower than the number of start-ups. On the basis of this, it can be stated that number of start-ups has less meaningful correlations with the start-up cost. Its use as cost driver within the DT can affect ability of manager to ensure accuracy in estimation of start-up cost and to take relevant decisions (Drury, 2013). Overall, it is determined from the analysis of above regression output that the number of start-up hours has more strong and positive relationship with the start-up cost than the number of start-up. On the basis of this, it can be suggested that DT should consider number of start-up hours as cost driver as it would be more significant to develop financial plan. The trend of start-up cost is more related to the number of start-up hours and due to this it may help this firm to make more proper estimation of potential costs and to bring accuracy in decision-making. Conclusion It can be concluded on the basis of above discussion that the suggestion of DTs accountant of using number of start-up hours as cost driver is quite useful as it would be more effective to estimate cost accurately. References Anderson, L. K. (2015) Accounting for Government Contracts: Cost Accounting Standards. USA: LexisNexis. Besley, S. and Brigham, E. (2014) Cfin4. USA: Cengage Learning. Davis, C.E. and Davis, E. (2011) Managerial accounting. USA: John Wiley Sons. Drury, C.M. (2013) Management and cost accounting. Germany: Springer. Kinney, M. and Raiborn, C. (2012) Cost accounting: Foundations and evolutions. USA: Cengage Learning. Simmons, A. and Hardy, R. (2011) Cambridge VCE Accounting Units 3 and 4. UK: Cambridge University Press.