Monday, December 30, 2019
Cell Phones And Social Media - 2317 Words
Cellphones and Social Media are Dangerous in the Healthcare Field What are some ways that cell phones and social media contribute to accidents, injuries, and violations to the nurses, faculty, and patients? Cell phones and social media are hazardous in our everyday lives, as well as the use of them in hospitals and nursing homes. Would you want a nurse to take care of you thatââ¬â¢s on his or her cell phone laughing, grinning, and talking about or looking at Facebook while injecting a shot into your arm? Neither would I. Cell phone usage and social media usage are distractions. For example: mostly all car accidents occur from people texting and driving, so just imagine the harm that can occur from a nurse using his or her cellphone while trying to attend to a patient. Instead of giving a patient Tylenol, the nurse accidentally grabs Penicillin and the patient is allergic to it. The use of cell phones would be fine as long as the faculty and staff are on break, but not while being clocked in and having other peopleââ¬â¢s lives in their hands. Cell phones and social media cause deaths, injuries, and legal issues to occur when least expected. The most common example used when speaking of cell phone distractions is using a cell phone while driving. The Center for Injury Research Prevention did a survey and explained that. ââ¬Å"It is well established that distracted driving, and cell phone use while driving in particular, pose significant crash risk for driversâ⬠They explained that theShow More RelatedCell Phones and Social Media1627 Words à |à 7 PagesCell Phones and Social Media: Keeping in Touch with Everyone but Ourselves John Doe University/College 04 May 2014 Abstract Technology developed in the past decade has been life-changing. Cell phones have become the most quickly embraced consumer technology in history. Because of this boom and the monumental popularity of social media; have we lost the ability to communicate without this medium? Smartphones and pocket-sized mobile devices have allowed us to do things that were only dreamedRead MoreCell Phone And Social Media2251 Words à |à 10 PagesThe Use of Cell Phone and Social Media in the Workplace People are saying goodbye to paper and hardback books and hello to kindle, e-books, the internet, smartphones and social media. Small bookstores are losing money due to customers purchasing todayââ¬â¢s hottest technology. In todayââ¬â¢s society, it appears that modern devices and digital conveniences are at our disposal making us less able to concentrate and are destructible. Is this hurting our minds and hindering our thoughts? I must say itââ¬â¢s makingRead MoreCell Phones And Social Media988 Words à |à 4 PagesFrom the beginning of time man has had to deal with distractions of all shapes and sizes, but our current and future generations have a whole new and rather terrifying behemoth to deal with. In todayââ¬â¢s world, itââ¬â¢s technology, namely cell phones and social media, that are front and center when you think of everyday distractions. For me however, this isnââ¬â¢t the case. Itââ¬â¢s not that they arenââ¬â¢t a distraction, not by a long shot, but they are trumped by my own mind. I dont need any help getting distractedRead MoreThe Usage Of Cell Phones And Social Media1297 Words à |à 6 PagesThe Usage of Cell Phones and Social Media in Healthcare In the past decade, we have seen smart phones and social media increasingly taking over our daily lives and becoming the ââ¬Å"normâ⬠. Our phones have become part of our daily use and are currently used as an alarm clock, obtaining updates on sporting events and news, weather updates, video chat and posting updates on any social media. Although phones have been providing exceptional ways for providers to keep in touch with one another it has alsoRead MoreTechnology On Romantic Relationships : The Internet, Cell Phones, And Social Media1964 Words à |à 8 PagesKelsey Williams Bob Haas ENG 1103-13 15 November 2016 Technology in Romantic Relationships The internet, cell phones, and social media have become key actors in the life of many American couples. Of the 66 percent of adults who are married or in committed relationships use technology in the little and large moments. They negotiate over when to use it and when to abstain. A portion of them quarrel over its use and have had hurtful experiences caused by tech use. At the same time, some couples findRead MoreThe Advantages And Disadvantages Of Cell Phone And Social Media In Healthcare1107 Words à |à 5 Pagesname it. These are all social media that most of us have or at least have one. As technology keeps getting more advanced, the riskier it is to pose a danger to others. It is everywhere, especially the popularity of social media has become a widespread in healthcare. Cellphones have become a necessity in healthcare. They are used as a way to communicate each other, access to medical information or check drug information (Attri, 2016). Dinh (2011) indicated that this soc ial media trend will eventuallyRead MoreSocial Media And Camera Ready Cell Phones During World War II Essay2161 Words à |à 9 Pagesrestrictions on their day-to-day activities. In the military, soldiers adapt to a new way of thinking in order to allow themselves to become warriors. Currently, Americans must adapt to a life lived in view of everyone with the use of social media and camera-ready cell phones. Throughout the course of American history and into our present times, American citizens have depended on their ability to adapt, whether it be mentally, physically, and/or emotionally. It was imperative that citizens were adaptableRead MoreCell Phones And Its Effect On Society904 Words à |à 4 Pagestechnology. Cell phones are one of the many ground breaking inventions that came out of this technological era society is in now. The technology of cell phones has come a long way since the first cell phone was made. Today they are much more than just a device to talk to someone. I n 2007 the first smartphone was released which was the iPhone and in 2008 the first android was released which allowed people to have access to the internet and apps. Smartphones have revolutionized the cell phone industryRead MoreNegative Effects Of Cell Phones1100 Words à |à 5 Pagescreated the thing that runs the lives of many ---- a cell phone. For those living under a rock, cell phones are portable telephones that requires cellular network (ATT, Verizon and Tmobile) to make and receive phone calls. For the first time ever, a generation of kids are going through their adolescence with smartphones. As stated by Pew Research Center, ââ¬Å"75% of 12-17 year-olds now own cell phones, up from 45% in 2004â⬠(Lenhart 1). As cell phones advanced over the years, the increase of adolescenceRead MoreEffects Of Cell Phones1159 Words à |à 5 PagesAre Cell Phones Destroying a Generation? The onset of cell phones has had a great impact in the modern society, and especially the millennials or the teens, and as such it has led to the destruction of a generation. It is apparent that what researchers call the iGen, people born between the year 1995 and the year 2012, depend greatly on their cell phones and their well-being majorly depends on their cell phones (Twenge 188). Researchers also prove that the iGen value their cell phones more that
Sunday, December 22, 2019
Shakespeares Much Ado About Nothing and Renaissance...
Shakespeares play Much Ado About Nothing takes place in Messina, a city-state of Renaissance Italy. The Renaissance was a period in European history believed to have been between AD 1300 and AD 1600 with a feudal society of agricultural economy and church dominated culture. It was during the Renaissance that Europe was transformed into a society dominated by central political institutions with education, arts and music heavily influenced by the Christian religion. In Italy, cities such as Florence, Ferrara, Milan, and Venice flourished. These cities were able to finance cultural achievements. Medieval Italian merchants developed commercial and financial techniques such as bookkeeping and bills of exchange. Italian city-states wereâ⬠¦show more contentâ⬠¦One of Johns men enacts a scene at Heros window with a woman who appears to be Hero. When Claudio and Pedro observe this, they are easily deceived and Claudio angrily denounces Hero to be hidden as though dead until Claudio reg ains his senses. When the constable, Dogberry, arrests Johns men, who then readily confess their guilt, Claudio is forced to admit his error in thinking Hero would deceive him. He then mourns for her and agrees to marry her cousin. The cousin turns out to be a disguised and forgiving Hero. After all this ado the two couples are married and Don John is arrested. Don Pedro is a linking character, playing many key roles in the play. In many ways, he shows the influence of the time period. Being the prince of Aragon, a region in northeast Spain, he carries the title of respect Don. He seems to be the stereotypical leader of the Renaissance times, enjoying being in charge as well as possessing the ability to woo young women. He also shows the time period in the situation with his brother Don John. Because he was born outside of marriage, Don John has no official claim on any of his familys wealth or position. He then tries to overthrow Pedro in battle. Other characters positions also illustrate the time period. For example, Dogberry and Verges who are the constable and deputy constable. Their rough habits and garbled speech show the mannerisms of the Renaissance peasants. Heros maidservants occasional vulgar comments also demonstrateShow MoreRelatedKenneth Branaghs Much Ado About Nothing Essay1588 Words à |à 7 PagesThe scene opens in the beautiful hills of Tuscany, Italy. Lying about on the slopes of grass are the humble townsfolk basking in the sunshine as a soft voice introduces; ââ¬Å"Sigh no more ladies, sigh no more.â⬠This dreamlike setting is the opening scene of the major motion picture Much Ado About Nothing as envisioned by film director Kenneth Branagh. A far cry from its Shakespearean origins, Branaghââ¬â¢s Much Ado has a look and feel all of its own. This film seeks to capture its audience with visual majestyRead MoreThe Representation of Women in Much Ado About Nothing Essay1492 Words à |à 6 PagesThe Representation of Women in Much Ado About Nothing The female characters who are in the play are all present and involved in Act2 Scene1, which makes it the perfect situation to describe Shakespeares portrayal of women in Much Ado About Nothing. Hero can be easily compared with Beatrice being of a similar class and very close relatives. Then you have the characters of Margaret and Ursula, the servants, who are also very comparable and show a portrayal of womenRead MoreMuch Ado About Nothing Essay1110 Words à |à 5 PagesEnglish Essay The Elizabethan Worldview and Much Ado About Nothing Audrey Hernandez The Elizabethan Era is one of the most fascinating periods in the History of the World. It is named after one of the greatest of the Queens of England - Queen Elizabeth I. It was the era of the very first Theatres in England - William Shakespeare and the globe Theatre and Christopher Marlowe! It also had a very different feel and look to it than we experience nowadays and this is shown in the marriage and weddingRead More Classical Imagery in Shakespeares Much Ado About Nothing Essay3559 Words à |à 15 PagesClassical Imagery in Shakespeares Much Ado About Nothing The romance of history has lured many of the worlds greatest authors to search for their subject matter in the pages of time. William Shakespeare serves as a unfailing embodiment of the emotion of days past; yet he also turned to those before him. The comedy Much Ado About Nothing is a poignant love story, riddled with stunning imagery and allusion. An examination of the development of certain characters, the imagery and allusion, dictionRead More Analysis of Much Ado About Nothing Essay3681 Words à |à 15 PagesAnalysis of Much Ado About Nothing Much Ado About Nothing illustrates a kind of deliberately puzzling title that seems to have been popular in the late 1590s (ex quot;As You Like Itquot;). Indeed, the play is about nothing; it follows the relationships of Claudio and Hero (which is constantly hampered by plots to disrupt it), and in the end, the play culminates in the two other main characters falling in love (Beatrice and Bena*censored*), which, because it was an event that was quite predictableRead More Renaissance Family Values and Their Significance to As You Like It1920 Words à |à 8 PagesRenaissance Family Values and Their Significance to As You Like It à à à à à When I began my research for this paper, I did not have a good understanding of the term Renaissance.à Therefore, I thought that it was a good idea to clarify on this before I tried to learn about what family life was like at that time, and I also thought it might be interesting to look at Shakespeares family. à The word Renaissance means rebirth and refers to the 15th Century, between the years 1350 andRead More Shakespeares World Essay3144 Words à |à 13 Pages Shakespeares World nbsp;nbsp;nbsp;nbsp;nbsp;Almost every nation on earth reads, studies and performs the works of William Shakespeare. No writer of any country, nor any age, has ever enjoyed such universal popularity. Neither has any writer been so praised. As William Hazlitt observed, quot;The most striking peculiarity of Shakespeares mind was its generic quality, its power of communication with all other minds.quot; It is perhaps this quality that has earned Shakespeare the supremeRead MoreBiography of William Shakespeare1709 Words à |à 7 PagesClaims state that Crollalanza and his family fled Italy during the Holy Inquisition and landed in London and that Michelangelo changed his name to the English equivalent since Crollanlanza is when translated to English is Shakespeare. (Shakespeare Online, 2011) Included in the evidence presented by Iuvara is a play that was written by Crollalanza entitled Tanto traffic per Niente translated into Much Traffic for Nothing or Much Ado About Nothing. (Shakespeare Online, 2011) It is stated thatRead MoreEssay on Kate in William Shakespeares The Taming of the Shrew1760 Words à |à 8 PagesKate in William Shakespeares The Taming of the Shrew Katharina or Kate, the shrew of William Shakespeares The Taming Of The Shrew is sharp-tongued, quick-tempered, and prone to violence and violent outbursts, especially to anyone who tries to win her love. This is shown from the beginning in Act One with the scene among Hortensio and Gremio and her. When Gremio proclaims her too rough Read MoreEssay about Renaissance Figures2969 Words à |à 12 PagesRenaissance Figures Cosimo de Medici, also known as Cosimo the Elder, lived from 1389--1464. He was the first Medici to rule Florence. He was exiled from Florence in 1433, but he returned in 1434 and doubled his wealth through banking. He ended Florences traditional alliance with Venice and supported the Sforza family in Milan. His historical significance was being a patron to such artists as Brunelleschi, Donatello, and Ghiberti, and as the founder of the Medici Library. ?
Saturday, December 14, 2019
The Avengers Story Map Free Essays
Story Map Title: The Avengers Author: Joss Whedon Setting: New York City Characters/Actors: ââ¬â Robert Downey, Jr. as Tony Stark/Iron Man * Chris Evans as Steve Rogers/Captain America * Mark Ruffalo as Bruce Banner/Hulk * Chris Hemsworth as Thor * Scarlett Johansson as Natasha Romanoff/Black Widow * Jeremy Renner as Clint Barton/Hawkeye * Tom Hiddleston as Loki * Clark Gregg as Phil Coulson * Cobie Smulders as Maria Hill * Stellan Skarsgard as Dr. Erik Selvig * Samuel L. We will write a custom essay sample on The Avengers Story Map or any similar topic only for you Order Now Jackson as Nick Fury Problem: An Asgardian, Loki meets the leader of an alien race known as the Chitauri. In exchange for retrieving the Tesseract, a powerful energy source of unknown potential, the other promises Loki a Chitauri army with which he can subjugate the Earth. Nick Fury, director of the espionage agencyà S. H. I. E. L. D. , and his lieutenant Agent Maria Hillà arrive at a remote research facility during an evacuation, where physicist Dr. Erik Selvig is leading a research team experimenting on the Tesseract. Agent Phil Coulson explains that the object has begun radiating an unusual form of energy. The Tesseract suddenly activates and opens a portal, allowing Loki to reach Earth. Loki takes the Tesseract and uses his scepter to enslave Selvig and several agents, including Clint Barton, to aid him in his getaway. Event #1: Theà Asgardian Lokià encounters the Other, the leader of an alien race known as the Chitauri. In exchange for retrieving the Tesseract,à a powerful energy source of unknown potential, the Other promises Loki a Chitauri army with which he can subjugate the Earth. Nick Fury, director of the espionage agency S. H. I. E. L. D, and his lieutenant Agent Maria Hillà arrive at a remote research facility during an evacuation, where physicist Dr. Erik Selvig is leading a research team experimenting on the Tesseract. Agentà Phil Coulson explains that the object has begun radiating an unusual form of energy. The Tesseract suddenly activates and opens a portal, allowing Loki to reach Earth. Loki takes the Tesseract and uses his scepter to enslave Selvig and several agents, including Clint Barton to aid him in his getaway. Event #2: In response to the attack, Fury reactivates the ââ¬Å"Avengers Initiativeâ⬠. Agent Natasha Romanoff is sent to Calcutta, Indiaà to recruità Dr. Bruce Banner; Coulson visitsà Tony Starkà to have him review Selvigââ¬â¢s research; Fury approaches Steve Rogersà with an assignment to retrieve the Tesseract. While Barton stealsà iridiumà needed to stabilize the Tesseractââ¬â¢s power, Loki causes a distraction inà Stuttgart, Germany leading to a confrontation with Rogers, Stark, and Romanoff that ends with Lokiââ¬â¢s surrender. While Loki is being escorted to S. H. I. E. L. D. ,à Thor, his adoptive brother, arrives and frees him hoping to convince him to abandon his plan and return to Asgard. After a confrontation with Stark and Rogers, Thor agrees to take Loki to S. H. I. E. L. D. ââ¬Ës flying aircraft carrier, theà Helicarier. There Loki is imprisoned while scientists Banner and Stark attempt to locate the Tesseract. Event #3: The Avengers become divided, both over how to approach Loki and the revelation that S. H. I. E. L. D. plans to harness the Tesseract to develop weapons as a deterrentà against hostile extra-terrestrials. As the group argues, Barton and Lokiââ¬â¢s other possessed agents attack the Helicarrier, disabling its engines in flight and causing Banner to transform into the Hulk. Stark and Rogers try to restart the damaged engines, and Thor attempts to stop the Hulkââ¬â¢s rampage. Romanoff fights Barton, and knocks him unconscious, breaking Lokiââ¬â¢s mind control. Loki escapes after killing Coulson and ejecting Thor from the airship, while the Hulk falls to the ground after attacking a S. H. I. E. L. D. fighter jet. Fury uses Coulsonââ¬â¢s death to motivate the Avengers into working as a team. Stark and Rogers realize that simply defeating them will not be enough for Loki; he needs to overpower them publicly to validate himself as ruler of Earth. Loki uses the Tesseract, in conjunction with a device Selvig built, to open a portal aboveà Stark Towerà to the Chitauri fleet in space, launching his invasion. Event #4: The Avengers rally in defense ofà New York City, but quickly realize they will be overwhelmed as wave after wave of Chitauri descend upon Earth. Rogers, Stark, and Thor evacuate civilians with assistance from Barton, while Banner transforms back into the Hulk and goes after Loki, eventually beating him into submission. Romanoff makes her way to the portal, where Selvig, freed of Lokiââ¬â¢s control, reveals that Lokiââ¬â¢s scepter can be used to close the portal. Meanwhile, Furyââ¬â¢s superiors attempt to end the invasion by launching a nuclear missile at Manhattan. Stark intercepts the missile and takes it through the portal toward the Chitauri fleet. The missile detonates, destroying the invadersââ¬â¢ lead ship which disables their forces on Earth. Starkââ¬â¢s suit runs out of power and he falls back through the portal, but the Hulk saves him from crashing to the ground. Romanoff deactivates the portal to prevent further invasion. In the aftermath, Thor returns Loki and the Tesseract to Asgard. Fury notes that the Avengers will return when they are needed. How to cite The Avengers Story Map, Essay examples
Friday, December 6, 2019
Working capital and Management concentrate - Myassignmenthelp.Com
Question: 1. Discuss the different long-term sources of finance available to companies and theories that discuss their risk/return characteristics and optimum capital structure. With reference to the accounts then discuss the long term capital structure of the chosen company and what this may indicate about the companys attitude to risk. You may need to refer to the specific note in the notes to the accounts to get detailed information on this. Part of your answer to this question should include calculation of a suitable gearing ratio. 2. Discuss relevant working capital management theories. Then calculate suitable working capital ratios and discuss how efficiently the company is managing its short-term sources of finance. 3. Discuss the range of dividend policies available to companies, why certain companies may choose certain policies and what sort of dividend policy the directors of the company seem to be following and possible reasons for this. 4. Assess the profitability and risk of the company and how attractive it appears to be to potential investors, in doing so make use of market structure analysis internal to the industry. Your answer should include some evaluation of the type of external economic environment of the company and the business models used. Suggest how Minsky analysis can be applied to the company and market you have chosen. Answer: Introduction Apple Inc. Is a software and communication companies, which operates in various parts of the globe. The company was in a struggling position during the 90s era but it bounced back under the guidance of Steve Jobs (Hillier et al. 2013). In 1995, the company reported its first profits and paid its first dividends. The given report discusses the various financing aspects of the company and aims to address the various assessment questions. Discussion Answer 1 A business cannot run without finance. Many companies prefer to have long-term sources of finance as long term sources of finance need not be paid off immediately and can be utilized for the development of the business. There are various sources of long-term finance and they have been discussed below. Equity Shares A public limited company may raise appropriate funds from the promoters of the business or from the public. This can be done by issuing ordinary equity shares. The shareholders achieve ownership rights and tend to get dividends made on the profit of the company (Flannery and Hankins 2013).They tend to undertake the risk of the company. From the point of view of a company, this can be described as a good source of finance for the company. However, the shareholders tend to get involved in the decision making of the firm. However, this kind of financing can be considered a safe option, as the dividends need to be paid if the firm does not earn profit. The capital structure of the firm is divided into various classes of shares (Fracassi 2016).However, they are not tax deductable and this increases the tax expenses of the company. Preference Shares This is similar to the shares but they carry preferential rights. These rights means that dividends needs to be paid to the shareholders first and then to others. In case of winding up of the company, these preference shareholders are given their capital first. These are similar to debts but are not tax deductible. As there are no fixed charges involved the leveraging costs are, lower (Ehrhardt and Brigham 2016). One advantage of this type of share is that the shareholders do not have any voting rights therefore; the management interference is minimum in this case. Debentures Very often, the companies aim to acclaim finance for long-term purposes through debentures. Debentures also divide the capital of the firm into different debentures. The investors of the company can purchase those debentures and these debentures pay out interests. The interests can be paid out irrespective of the profitability of the firm (Vernimmen et al. 2014). The debenture holders may not have voting rights but they would surely receive their debt amount. The interest on debentures is tax deductable and this tends to save costs for the company. Retained Earnings These are the savings of the company, which tend to be used by the company for the welfare of the organization. Safest form of financing Long term Loans These are taken from various financial institutions, which then charge interest to the borrowers. The interest charged is tax deductable. This form also does not affect the decision making of the firm. The Apple Company follows both a debt as well as equity capital structure. The company has Long-term debts of $194714000 as per September 2017 and total equity of 134,047,000 The suitable gearing ratio for the company would be Debt to Equity Ratio, which measures the solvency of the firm and is calculated as total debt divide by total equity. The ratio has deteriorated from 2015 to 2017 (Moffett, Stonehill and Eiteman 2017). The Debt Equity Ratio is = 194714000/134047000 =1.5 This indicates higher rate of debt financing. Answer 2 Working Capital Management Working capital Management concentrates on the various issues that arise in managing the day-to-day transactions in the business. The main objective of the working capital management is to manage the current assets as well as the current liabilities of the firm in a way that the satisfactory level of the working capital is maintained. Theories of Working Capital Management Hedging Approach- In this approach the maturity of the various sources of the fund should match with the nature of the assets that need to be financed (Keen 2013). The hedging approach tends to suggest that there exists seasonal variations and that along with permanent financing, short-term finances should be obtained. Conservative Approach- In the conservative Approach, it is stated that the total funds requirement should be met by long-term sources whereas the short-term funds should only be used in cases of emergency. Aggressive approach- The aggressive approach states that a part of the permanent working capital of the firm can financed by short-term sources. This approach tends to minimize the excess liquidity while meeting the short-term requirements. Hence, the company needs to follow a suitable method of working capital and meet their own requirements accordingly. The primary working capital ratio is the current ratio, which can be calculated by dividing the current assets by current liabilities. Current Assets= 128645000$ Current Liabilities= 100814000$ Ratio = 1.2 The current ratio of Apple above average. The company is in a good financial position and it is being able to meet its current liabilities. The working capital of the firm is 128645000$-100814000$ =2783100$ It can be stated that the company has been managing its finances extremely well and that even after it pays all its liabilities it will easily be able to save a huge amount of money for its working capital. Answer 3 There are different kinds of dividend policies that are as follows: Stable dividend policy wherein the firms pay fixed sum of dividend and maintain this for all the times regardless of the different fluctuations in the market. This is advised that the companies must follow stable dividend policy wherein the stakeholders are assured to be given fixed rate of dividend per share. When the different earnings of the firm are rising at a regular interval there is satisfaction in the management and the earnings that are increased are sustainable in nature (Firth et al. 2016). Per amount of dividend is increased as well in correspondence with the fall in the price of the shares as well. Stable dividend policy fosters a proper rise in the value of the shares and the different investors pay higher premium to the different shares that promises certainty of the dividend income. However, in designing stable dividend policy, the future earning power of the firm has to be determined and the rate of dividend has to be fixed as well. Policy of no immediate dividend- This kind of policy requires huge amount of funds in order to finance the different programmes on expansion. When the access of the firms is difficult in the capital market and the availability of such funds is costlier in nature as well. Issue of bonus shares follows policy of no immediate dividend, as this will increase the capital of firm (Gopalan, Nanda and Seru 2014). Policy of regular extra dividends- The extra dividends are allowed only once in a year and the requirement of annual dividend will be exceeded by some given sum of amount. These kind of policies provide proper impression to different stakeholders the extra dividends are paid as the firms has outstanding earnings that will be skipped when the business will drop to normal level (Kajola, Adewumi and Oworu 2015). Policy of regular stock dividends- Wherein the firms who are following this policy pay the dividends in stock instead of cash and these are known as the bonus shares. These bonus shares are used to capitalize the reinvested earnings of different firms. Policy to pay irregular dividends The firm who follows such policy does not pay fixed amount of dividends and the share of the dividend varies in correspondence with the change in level of earnings. Firms with the unstable earnings adopt this policy and a large part of the entire profit may be ploughed back in the year as well (Floyd, Li and Skinner 2015). Dividend Policy followed by Apple Inc Apple follows the Stable Dividend Policy post 1995, as the company is paying stable and fixed amount of dividend regardless of any kind of fluctuations in the market. It has been seen that Apple Inc follows the stable dividend policy and the different stockholders of Apple Inc are assured of receiving fixed dividends per share as well (Apple 2018). The entire management of Apple Inc has tried their level best in maintaining the rate of dividend. Apple Inc follows the stable dividend policy as this policy helps in fostering a rise in the value of the shares. Answer 4 The economic factors, which are present in the external environment of Apple, tend to create opportunities for the firm in various fields. The external environment of the company consists of various inflation rates, exchange rates, fiscal policies and other factors that tend to influence the working of the firm. Most of the external environment factors tend to create opportunities for the firm (Apple 2018). The following are considered the most significant external environmental factors Rapid growth of developing countries (opportunity) Stable economies of developed countries (opportunity) The developing economies are growing tremendously. The income of the various groups present have been increasing and this tend The economic stability of most developed countries creates opportunities for companies like Apple to expand their businesses. However, the rapid growth of developing countries serve as an opportunity to the company who can then grow their market and adhere to the needs of the various users. This rapid growth of the company can be described as a calculated risk as it tends to have an impact on the share prices and in the same way be risky and lower them (Boyer 2013). Once the company is able to expand to the various countries then the profitability of the company will also increases. This increased profitability has a cyclic effect, which will then help the company to increase their share prices. The second opportunity lies in increasing the operations of the company in the developed companies. There are various opportunities available to the Apple In. in the developed country as well. It can customize its products and the software, which it offers, and thereby gain popularity. Apple Inc. has been reporting profits since a long time. Some of its activities can be described as risk taking but the decision makers of the firm tend to take calculated risks that then get returns for their risks, which have been taken by the company. Business Model Business model of Apple Inc. The business model of the Apple Inc. Is extremely simple. It is into app development, large publishing as well as content ownership. The company has costs like Research and Development costs, selling costs as well as Cost of Sales. The main market where the company makes maximum sales is in the phone market. Every year the company has been coming up with some new products that help it to increase the popularity all with the sales of the company (Richard, Stewart and Alan 2016). Application of Minsky analysis Minsky has defined that the three financial positions are present in any situation that tend to increase the fragility. These are: Hedge Finance: which refers to the income flows which are expected to meet the obligations related to finance every period Speculative finance- Income flows can only cover the interest costs hence the debt can be rolled over Financial Positions of a Firm Ponzi finance states that the earning of the company will not be able to cover any costs and is extremely low. The various companies often shift to these three phases of financing capabilities (Arnold 2013). The shift towards the Ponzi finance is unintentional. According to the analysis, which can be conducted after analyzing the financial reports of the firm, the company is currently in the Hedge Financing position where the earnings of the company will be able to cover all its costs. This is a good condition to be in and this shows that the stability of the firm is good and this increases the goodwill of the firm in the eyes of the investors. References Apple. ,2018.iPhone. [online] Available at: https://www.apple.com/iphone/ [Accessed 4 Jan. 2018]. Apple. ,2018.Investor Relations - Financial Information - Apple. [online] Available at: https://investor.apple.com/financials.cfm [Accessed 6 Jan. 2018]. Arnold, G., 2013.Corporate financial management. Pearson Higher Ed. Boyer, R., 2013. The global financial crisis in historical perspective: An economic analysis combining Minsky, Hayek, Fisher, Keynes and the regulation approach.Accounting, Economics and Law,3(3), pp.93-139. Ehrhardt, M.C. and Brigham, E.F., 2016.Corporate finance: A focused approach. Cengage learning. Firth, M., Gao, J., Shen, J. and Zhang, Y., 2016. Institutional stock ownership and firms cash dividend policies: Evidence from China.Journal of Banking Finance,65, pp.91-107. Flannery, M.J. and Hankins, K.W., 2013. Estimating dynamic panel models in corporate finance.Journal of Corporate Finance,19, pp.1-19. Floyd, E., Li, N. and Skinner, D.J., 2015. Payout policy through the financial crisis: The growth of repurchases and the resilience of dividends.Journal of Financial Economics,118(2), pp.299-316 Fracassi, C., 2016. Corporate finance policies and social networks.Management Science. Gheorghe, S. and Pipu-Nicolae, B., 2014. Financial Diagnosis Of Stocks.Annals-Economy Series,6, pp.60-68. Gopalan, R., Nanda, V. and Seru, A., 2014. Internal capital market and dividend policies: Evidence from business groups.The Review of Financial Studies,27(4), pp.1102-1142. Hillier, D., Ross, S., Westerfield, R., Jaffe, J. and Jordan, B., 2013.Corporate finance. McGraw Hill. Kajola, S.O., Adewumi, A.A. and Oworu, O.O., 2015. Dividend pay-out policy and firm financial performance: evidence from Nigerian listed non-financial firms.International Journal of Economics, Commerce and Management, pp.1-12. Keen, S., 2013. A monetary Minsky model of the Great Moderation and the Great Recession.Journal of Economic Behavior Organization,86, pp.221-235. Moffett, M.H., Stonehill, A.I. and Eiteman, D.K., 2017.Fundamentals of multinational finance. Pearson. Richard, A.B., Stewart, C.M. and Alan, J.M., 2016. Fundamentals of corporate finance. Vernimmen, P., Quiry, P., Dallocchio, M., Le Fur, Y. and Salvi, A., 2014.Corporate finance: theory and practice. John Wiley Sons.
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