Level 5 Health an Social Care Essay - 6598 Words

Unit 16 Understand Safeguarding of Children amp; Young People (for those working in the adult sector) and Unit 14 Safeguarding and Protection of Vulnerable Adults Assignment Unit 14 AC1.3 Unit 16 AC 1.1 in the table below explain the following legislation and guidance in respect of safeguarding adult’s children and young people. Legislation/policy/best practice guidance | Summary | Safeguarding Vulnerable groups Act 2006 | Safeguarding Vulnerable Groups Act 2006 restricts contact between children and vulnerable adults and those who might do them harm. | Mental Capacity Act 2005 | The Mental Capacity Act 2005 prevents people who lack mental capacity from being mistreated or wilfully neglected. | Deprivation of Liberty†¦show more content†¦It includes the right to protection from abuse, the right to express their views and have them listened to and the right to care and services for disabled children or children living away from home. Although the Government has said it regards itself bound by the Convention and refers to it in child protection guidance, it has not become part of UK-wide law. | Education Act 2002 | Section 175 of the E ducation Act 2002 requires local education authorities and governing bodies of maintained schools and FE colleges to make arrangements to ensure that their functions are carried out with a view to safeguarding and promoting the welfare of children.All children deserve the opportunity to achieve their full potential. The five outcomes that are key to children’s and young people’s wellbeing are: * Stay safe * Be healthy * Enjoy and achieve * Make a positive contribution * Achieve economic wellbeing The school should give effect to their duty to safeguard and promote the welfare of their pupils (students under the age of 18 years of age) under the Education Act 2002 and , where appropriate, under the Children Act 1989 by: * Creating and maintaining a safe learning environment for children and young people. * Identifying where there are child welfare concerns and taking action to address them in partnership with otherShow MoreRelatedHealth and Social Ca re level 53009 Words   |  13 PagesDevelop professional supervision practice in health and social care or children and young people’s work settings. Task Impending changes to supervision, and performance management . What is a supervision ? A supervision is a regular meetings with an independent person with training, skills, and knowledge to help you to reflect on your work practice with a goal towards improvement. Professional supervision happens outside of the workplace and is a confidential relationship. AtRead MoreHealth and Social Care Level 55728 Words   |  23 PagesUnit 5: Working in Partnership in Health and Social Care or Children and Young People’s Settings Unit code: M2c 1 Understand partnership working 1.1 Identify the features of effective partnership working The policy of person-centred care has become a mainstay of efforts to reform health care in the UK. Government policy is now built around this core concept, a major aspect of which is enabling individuals to participate in decision-making about their care at every level. By concentratingRead Moreqcf level 5 Health and social care 5106221 Words   |  25 Pages Lead and manage a team within a health and social care setting Outcome 1 Understand the features of effective team performance within health and social care setting. 1.1 Explain the features of effective team performance I work closely with my team ensuring that all staff are treated with respect and encouraging them to develop their own skills and knowledge whilst sharing their experiences with colleagues. I believe that I lead by example and that this sets a standard of positive leadershipRead MoreLevel 5 Health and Social Care 503 Essay1458 Words   |  6 PagesUnderstand diversity, equality and inclusion in own area of responsibility 1.1.1 There are two models that link with equality, diversity and inclusion, the first one is the social model of disability which views discrimination and prejudice as being embedded in today’s society, their attitude’s and their surrounding environment. The social model focuses on who the adult is as person not what their disability or diagnosis is, the focus is on how to improve and empower the individual’s life and lead a moreRead MoreHealth and Social Care Ocr Level 3 Unit 51747 Words   |  7 PagesD1: Analyse how system of the body use energy Introduction In this task I will be examining how the different body systems use energy and why the body needs energy. I will also be analysing cellular respiration which is the process in which energy is made, along with the by-products and anabolism and catabolism. Later on in this task I will be analysing how ATP is used in muscle action, protein production and how we as mammals use the energy released as heat. * Fight infections * MovementRead MoreEssay Unit 504 level 5 in health and social care2042 Words   |  9 PagesUnit: 504: Develop health and safety and risk management policies procedures and practices in health and social care (M1) 1.1 - Explain the legislative framework for health, safety and risk management in the work setting. The Health and safety at Work etc. Act 1974 is the major piece of the health and safety legislation in Great Britain. It provides the legal framework to promote, stimulate and encourage high standards. The Act, when first introduced, provided an integrated system dealing withRead MoreLevel 3 Health and Social Care, Unit 5 P22943 Words   |  12 PagesUnit 5 P2 Explain what they are, their functions and where they are found. Then go into detail about two organs, with their functions, what tissues they are made of and where they are found in the body. Tissues: Tissues are groups of similar cells that have specific functions. In this piece of work I’ll talk about these types of cells: Epithelial Tissues: Epithelial are the lining of internal and external surfaces and body cavities, including tubes/channels (ducts) carrying secretions from glandsRead MoreEssay Diploma Level 5 in Leadership for Health and Social Care2635 Words   |  11 Pagesunderpin equality, diversity and inclusion in own area of responsibility There are two models that link with equality, diversity and inclusion, the first one is the social model of disability which views discrimination and prejudice as being embedded in today’s society, their attitude’s and their surrounding environment. The social model focuses on who the adult is as person not what their disability or diagnosis is, the focus is on how to improve and empower the individual’s life and lead a moreRead MoreEssay Unit 5 P3 Btec Level 3 Health and Social Care1080 Words   |  5 Pagesserves mainly to maintain the bodys internal environment, respond to stress, regulate growth and development and contribute to the reproductive processes. Which means it controls and co-ordinates organs. It also maintains blood glucose, water and salt levels. It also assists in reproduction and growth. Reproductive system The primary direct function of the male reproductive system is to provide the male gamete or spermatozoa for fertilization of the ovum. Other functions include transmissionRead MoreAssignment Brief to Break Down Unit 5 Health and Social Care Level 11545 Words   |  7 PagesBTEC Extended Diploma Level 3 Assignment Brief Course Title: Extended Diploma Level 3 in Health and Social Care Unit : 5 Assignment Title: Anatomy Physiology Scenario/Vocational Context: This unit introduces core knowledge of cellular structure and function, and the organisation of the body as a whole, and then builds on this to develop a more detailed knowledge of the fine anatomy and physiology of the systems involved in energy metabolism. Functional Skills Development: This assignment

Essay about Margaret Mitchells Gone with the Wind

Margaret Mitchell’s epic tale is impossible to dissolve down to a â€Å"brief† description. Her story is the War and Peace of Southern Literature. It is a tale of extremes and contrasts, telling the tragic story of peaceful affluence destroyed by the ravages of war and the destitution and desolation of its aftermath. It is a love story that examines the motivations of the heart contrasted against the will to survive. It is a story of the destruction of an aristocratic society and its disintegration from nobility, honor and hope to humility, disgrace and despair. It is a historical novel and graphic retelling of the Civil War and the Reconstruction of the South as well as a journal of the human side of those events as it recounts the†¦show more content†¦In 1865 she emerges from these trials a tough, ruthless and determined woman who can hold her own in a man’s world. By 1873 she has been married three times and has given birth to three children, she was widowed twice and buried her youngest child. Scarlett is weathered and worn but still strong and determined. She comes to realize her â€Å"love† has been wasted on a man who never really loved her and she is faced with losing her husband, the dashing scalawag Rhett Butler, the man she has really loved all along. These years are more than the volatile love story of Scarlett O’Hara and Rhett Butler, the book chronicles the years, events and details of the South before, during and after the Civil War. The story begins with rumors of war and the valor of the gentlemen of the Southern Gentry as they answer the call to defend â€Å"The Cause†, determined to fight and die for their genteel way of life. Mitchell paints a vivid picture of antebellum life and describes the symbiotic relationship between the aristocratic families and the slaves that their economy depended on. Her imagery makes it easy to understand why they were so determined to preserve their way of lif e. After the war the south was left in ruin and faced the arduous task of Reconstruction of life, home and society. Mitchell brings understanding to the definition of the terms Carpetbagger and Scalawag. The South hadShow MoreRelatedMargaret Mitchell s Romantic View Of The Old South1617 Words   |  7 Pagesâ€Å"Frankly, my dear, I don’t give a damn,† clearly Margaret Mitchell did not; despite Mitchell’s best intentions to keep her writing, â€Å"simple and stripped bare,† her Gone with the Wind created the paradoxical view of the Old South, using romanticism and social commentary. Margaret Mitchell’s romantic view of the Old South, which was obtained throughout her childhood, combined with a medley of literary devices helps create her simplistic writing style. This uncommon mixture affected the novel, bothRead MoreGone With the Wind Essay1788 Words   |  8 PagesGone with the Wind, was published in May 1936. The author, Atlanta born, Margaret Mitchell won the Pulitzer Prize in 1937 for her efforts. The novel was the first and only published novel of her career. Miss Mitchell was a storyteller from the time she could speak. She enjoyed writing stories and plays. She would cast herself and her friends in the different roles. She lived in Atlanta all of her life and she was enchanted in the history of the city. Miss Mitchell was influenced by the storiesRead MoreAnalysis of Scarlett O’hara on the Perspective of Feminism5754 Words   |  24 Pagesç ­â€Ã¨ ¾ ©Ã¥ §â€Ã¥â€˜ËœÃ¤ ¼Å¡Ã¤ ¸ »Ã¥ ¸ ­Ã¯ ¼Ë†Ã§ ­ ¾Ã¥  Ã¯ ¼â€°Ã¯ ¼Å¡ è ¯â€žÃ©Ëœâ€¦Ã¤ º ºÃ¯ ¼Ë†Ã§ ­ ¾Ã¥  Ã¯ ¼â€°Ã¯ ¼Å¡ Ã¥ ¹ ´ æÅ"ˆ æâ€" ¥ ABSTRACT Gone with the wind was published in 1936, ten years after Mitchell writing it. It got a great success and becomes one of the bestselling novels of all time. It received the 1937 Pulitzer Prize. As the first novel which depicts American Civil War from women’s perspective, Margaret focuses on the suffering from the war of those women who stay at home and their difficult journey of reconstructionRead MoreEssay on Comparing Time of the Temptress and Gone With the Wind1876 Words   |  8 PagesComparing Time of the Temptress and Gone With the Wind      Ã‚   In the Harlequin romance Time of the Temptress, by Violet Winspear, the author seems to be trying to write an intelligent story of romance, bettered by its literary self-awareness. She fails on both counts. Winspear appears to recognize that more valued literature tends to involve symbolism and allusions to other works. It seems she is trying to use archetypes and allusions in her own novel, but her references to alternate literatureRead More Popularity of Gone With the Wind Essay964 Words   |  4 PagesPopularity of Gone With the Wind Margaret Mitchells romantic epic, Gone With the Wind, owes its remarkable popularity to the climate of sudden self-destruction and dreariness the Depression created. The Old Souths grandeur, coupled with its Civil War-era decadence, provided much-needed escapism for readers, as well as paralleling the U.S.s own plight in the 20s and 30s. In addition, Scarlett OHaras feminist role, her devotion to her land, and her indomitable optimism lent hope to thoseRead MoreEssay about Gone With the Wind : Born Survivors945 Words   |  4 PagesGone With the Wind : Born Survivors  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Gone With the Wind is a novel written by Margaret Mitchell which focuses on the life of a Southern belle during the Civil War. The underlying focus in Mitchells Gone With the Wind is that only those who are born survivors will really prosper during times of true hardship. A born survivor is one who will do anything to survive, at any cost. They will get down in the dirt and work like a dog just for a days meal; they will take something from someoneRead MoreSymbolic Meaning of the Land in Gone with the Wind6993 Words   |  28 PagesSymbolic Meaning on the Land in Gone with the Wind Abstract: The study of Gone with the Wind has mainly concerned with such aspects as the historical background of the American Civil War, the relationship between slave owners and slaves, Scarletts remarkable personality, and the conflicts between north and south cultures. Many more people read it as a love story. This thesis aims at analyzing the symbolic meaning of the land in this masterpiece to interpret this novel better. With applicationRead MoreGone With The Wind Essay1042 Words   |  5 PagesMargaret Munnerlyn Mitchell was the American author who won the Pulitzer Prize in 1937 for her immensely successful novel, Gone with the Wind, that was published in 1936. She was born in Atlanta, Georgia, and often used the name Peggy. Her childhood was spent on the laps of Civil War veterans and of her mothers relatives who lived through the war and the years that followed. They told her everything about the war, except that the Confederates had lost it. She was ten years old before mak ing thisRead MoreGone With The Wind By Margaret Mitchell881 Words   |  4 PagesCounty is a county south of Atlanta s Fulton County. MapQuest states Clayton is 30 minutes from Atlanta, but on a good day it’s really only about 10 minutes. Clayton County can be highlighted for many reasons. Margaret Mitchell’s 1936 novel Gone with the Wind was set here. The Gone with the Wind museum is situated on the railroad tracks that run through the city of Jonesboro, which is county’s seat. The museum is a small, damp, and cramped space. For artist such as Gucci Mane, Trap music origins canRead MoreEssay Feminism in Literature1552 Words   |  7 Pagesclassism—recurring themes in entertainment through the 20th Century and into the modern day—have defined many narratives that are considered classics. The works that portray aspects of feminist issues and other facets of social inequality are Margaret Mitchell’s Gone With the Wind, Flannery O’Conn or’s â€Å"Revelation,† and Henrik Ibsen’s â€Å"A Doll’s House.† These stories use the female protagonists or lack thereof in central characters to expose gender roles, the perpetuation of social inequality through conversation

Dell Hbr Case Study Free Essays

string(90) " start working with prepayment for its orders which will help to collect the cash faster\." INTRODUCTION Dell Computers was started by Michael Dell in 1984. Dell’s primary differentiator was its business model. It sold primarily on the B2C market and custom built personal computers on demand. We will write a custom essay sample on Dell Hbr Case Study or any similar topic only for you Order Now Therefore, it had very low inventory by comparison to its competitors. As a result of this, Dell was able to operate quite efficiently and profitably in its niche market. By the late 1980’s – early 1990’s, Dell noticed that its market share was only 1% of total and that industry amalgamations could potentially force Dell out of the market. It was time to make a decision; it could remain status quo or pursue an aggressive growth strategy. The latter option proved to be favourable and Dell expanded into the B2B marketplace through a growth plan that focused on selling to retailers to improve its market share. The plan worked and Dell saw subsequent revenue increases of 268% within two years, compared to industry growth of 5%. 1 The good times came to an end in 1993 when Dell posted its first loss after eleven subsequent quarters of profit. Dell decided to more efficiently manage its liquidity, profitability and growth and was exited the indirect retail channel where margins were exceptionally low . The retail channel had served its purpose, however, in assisting Dell as a brand to become well known throughout the market place. Following these measures, and the fact that Dell had exceptionally low relative inventory, they were able to become the first company to launch the new Pentium chip computers and maintain first mov er status with subsequent upgrades. Michael Dell was now in a position to forecast future growth for his company. STATEMENT OF PROBLEM Michael Dell predicted that the company’s growth rate for the next year would again outpace the industry. Dell needed to focus on how its working capital policy could assist in financing future growth. Further, what other internal and external financing options might assist Dell in reaching their goals? RECOMMENDATION Assuming Dell’s sales will grow at 50% in 1997, h ow would you recommend that the company fund this growth? How much capital would need to be reduced and/or profit margin increased if the company were to fund its growth by relying only on internal sources of capital? What steps would you recommend the company take? Dells attempt to increase its sales by 50% in 1997 will require 2 major types of investments: Investment in working capital We estimate this figure to be $345M (please refer to Exhibit 1 for the detailed calculation). Investment in fixed assets Expansion of production will most likely require the purchase of the additional equipment. There is no data available in the case on depreciation expenses or capital expenditures made by Dell in 1996 to support the 52% growth of sales. However, if we refer to Dell’s full financial statements for 1996, we see that Dell spent $100M on capital expenditures and we assume it will spend approximately the same amount in 1997. 1 2 Richard Ruback, â€Å"Dell’s Working Capital,† Harvard Business Review 9-201-029 (2003): 3. Ibid 1|P a ge EDHEC MBA – Dell Business Case From the projected figures in the Exhibit 1 we conclude that Dell will be able to finance the above investments using the following funding sources: Profit margins and management of the working capital cycle Assuming that there is a certain percentage of fixed costs in Dell’s cost structure, the company will be able to increase its net profit margin from 5. 1% in 1996 to 5. 6% in 1997, generating a net profit of $448M. Net margin should be sufficient to cover additional working capital of $345 M if Dell is able to maintain its Cash Conversion Cycle (CCC) at 1996 levels of 47 days. Maintaining the CCC at the same level is crucial for this type of financing to be sufficient. An increase in DSO by 5 days will increase working capital delta up to $453M (refer to Exhibit 2) and will force Dell to increase margins, which may reduce revenues, or look for other sources of funding. Debt or use of the short term investment funds The use of these resources might be necessary for the financing the purchase of the equipment to expand the production capacity. Two scenarios could take place: 1. A one-off investment is required to be made in the beginning of the year. Since the company will have no possibility to generate profits or free up its working capital, it could either liquidate some of its short term investments of $591M or get a loan. The decision will depend on whether the rate of return on investment is higher or lower than the interest rate on the loan, taking after tax effects into consideration. If the rate of return is higher, Dell should finance the purchase of fixed assets through the loan, if it is lower , it should use its investment account to finance the capital expenditure. 2. Gradual investment in capital expenditure is possible. This could be done only by using margins generated within the year and decrease in CCC by managing receivables-days cycle. If the company can manage to decrease its DSO days from 50 to 40 days, it can reduce its working capital delta to $126M (Exhibit 2), thus making the remaining net profit available for capital expenditures. How, if at all, would your answers to Question 3 chang e if Dell also repurchased $500 million of common stock in 1997 and repaid its long-term debt? If Dell decides to repay its debt of $113M and repurchase stock of $500M, the following steps could be undertaken. Stock repurchase A decrease in DSO by 10 days and increase in DPO by 10 days will release working capital of $44M in addition to cash profit based on $448M in accounting profit (most likely it is higher by the amount of depreciation). These cash amounts will then allow Dell to repurchase its stock. As Dell expands its customer base and brand penetration in the market it can start working with prepayment for its orders which will help to collect the cash faster. You read "Dell Hbr Case Study" in category "Essay examples" Further, as the size of its orders to suppliers grows, it will be able to exercise its buyer power and negotiate more favourable payment terms. However the following action should be taken only if Dell shareholders could earn better return at a similar level of risk in the market. In the current situation it seems that Dell performs better than its competitors thus it would be more appropriate to invest the $500Mof free cash in further expansion. Debt repayment If Dell increases its margin up to 6. 8% it will be able to make an additional $110M in net profit to repay the debt. Another option is to free up some funds from short term investments. The decision will depend 2|P a ge EDHEC MBA – Dell Business Case on whether increase in price will lead to a significant loss of customers. If this is the case, the company should use its current cash reserves to perform the repayment. We also note, that 0% debt in the capital structure is most likely to be not optimal for the company and by using leverage Dell will be able generate better returns for its investors. DISCUSSION Explain how Dell’s working capital policy is a competitive advantage for the company? Strategy Built-to-Order Just-In-Time Delivery Distribution Channels (Retail Stores) Early Adoption of New Technology DELL ? ? X ? Apple X X ? X Compaq X X ? X IBM X X ? X Built to Order: Unit production only begins after receiving customer orders over phone or via email. This significantly reduced the outstanding inventory and hence reduced working capital requirements for funding inventory warehousing and inventory financing. Just-in-time Delivery: Dell’s factory had close physical proximity to its suppliers. Suppliers would ship parts only after customers placed orders, for just-in-time delivery. This helped to maintain accounts payable to a minimum. No Retail Distribution Channels: Since orders were only taken via email or phone, Dell was able to cut down on the costs of maintaining distribution channels and reduce accounts receivable from distributors and retailers. This reduced working capital requirements. Early Adoption of New Technology: Low inventory levels helped Dell to quickly switch to newer product upgrades and reduce the cost of existing inventory turnovers compared to competitors. This further reduced working capital requirements. DSI Advantage: As a result of above strategies, Dell achieved an average DSI of 40 between 1993 and 1995, compared to Apple’s 64, Compaq’s 68 IBM’s 56. How did Dell fund its 52% growth in 1996? Please be sure to distinguish between internal and external sources of funding, and to discuss the trade -off between the use of external funds in order to maintain high growth rates. The 52% growth was a result of the new Pentium chip introduction (Exhibit 3 from the case). Regarding working capital management, we noticed from Exhibit 2 from the case, excellent performance in maintaining CCC at 40 days; while product switches required double stock management. As the Pentium introduction was already launched in 1995, we assume that growth was constant and continuous during 1996 period. Compared to 1995, the 1996 financial performance for gross margin is lower by 1%, but net profit has increased by 1%. 3|P a ge EDHEC MBA – Dell Business Case To improve the availability of cash, Dell can implement factoring on receivables (internal) or negotiate with banks for short term credit lines and overdraft accounts (external). Even if CCC remains constant during this period of growth, balance sheets analysis shows that CCC changed from $428M in 1995 to $689M in 1996. As the debt level remained constant during these two periods, this extra $261M was financed with internal funds. The two main sources of internal funds used to finance working capital and CAPEX (not detailed in case information) were: The $272M 1996 net profit and the capital increase at $74M (total stock value difference between 1995 and 1996). Even if Dell decided to not reduce its amount of debt, this process will allow the company to reduce the Debt/Equity ratio keeping constant level of debt while significantly increasing equity. This strategy will bring Dell more flexibility for the future. The firm will be able to consider different options for future growth; either the same strategy the issuance of more debt due to their low leverage being relatively unleveraged. 4|P a ge EDHEC MBA – Dell Business Case APPENDIX Exhibit 1 Projected Income statement and balance sheet items for the year 1997 Item Sales Cost of sales Gross Margin Operating expenses Operating income Financing and other income Income taxes 30% Net profit 1996 (actual) 5 296 4 229 1 067 690 377 6 111 272 Growth Coefficient 1,5 1,5 1,4 1997 (projected) 7 944 6 344 1 601 966 635 6 192 448 Ratios : 37 1 37 DSI 50 1 50 DSO 40 1 40 DPO 47 1 47 CCC Balance sheet items : 429 644 Inventory 726 1 089 Accounts receivable 466 699 Accounts payable 689 1 034 Working Capital 345 Additional working capital required Projections for the year 1997 were built based on the following assumptions: 1. Growth coefficient of 1,5 was applied to income sales and cost of sales to reflec t the projected 50% growth in operations 2. Growth coefficient of 1,4 was applied to operating expenses. The assumption was made that part of operating expenses are presented by fixed costs thus they don’t grow at the operations growth ration. 0% rate was taken based on the year 1996 increase. 3. Income taxes were calculated using 30% rate being the rate on income tax in 1996 (calculated as Income taxes/(Operating income + Financing income)) 4. Ratios for the year 199 were calculated using the following formulas: DSI=Inventory*365/COS DSO=Accounts Receivable*365/Sales DPO=Accounts Payable*365/COS 5. We assumed that company will main tain the average ratios for the year 1997 6. Using the reverse formula for ratios calculations we derived accounts receivable, accounts payable and inventory for 1999 from the projected sales and COS figures. . We calculated Working Capital for both years using the formula: Inventory + Accounts receivable – Accounts payable 8. Additional working capital required: Working capital 1997 – Working Capital 1996 5|P a ge EDHEC MBA – Dell Business Case Exhibit 2 Variations in working capital requirements 37 50 40 47 37 55 40 52 37 40 40 37 -10 days on DSO; + 10 days in DPO 37 40 50 27 Inventory, $mln Accounts receivable, $mln Accounts payable, $mln 644 1 088 699 643 1 197 695 643 871 695 643 871 869 Working Capital 1997, $mln Working Capital 1996, $mln 1 033 689 1 145 689 818 689 645 689 344 456 129 -44 Item DSI, days DSO, days DPO, days CCC, days Additional working capital required, $mln Ratios at 1996 level +5 days in DSO -10 days in DSO Exhibit 3: Detailed calculations relative to question N °2 6|P a ge EDHEC MBA – Dell Business Case 1 – CCC worth calculation: (see figures in red rectangle) CCC = DSI + DSO – DPO From above table, CCC = inventories + Accounts receivables – Accounts payable CCC1995 = 293 + 538 – 403 = 428 M$ CCC1996 = 429 + 726 – 466 = 689 M$ 2 – Total stocks value: (see figures in blue rectangle) Total value = Preferred stocks + Common stocks 1995 = 362 M$ 1996 = 436 M$ 7|P a ge How to cite Dell Hbr Case Study, Free Case study samples