Thursday, February 13, 2020

Writing Deficiencies Essay Example | Topics and Well Written Essays - 250 words

Writing Deficiencies - Essay Example The intangible results due to deficient writing skills include the image degradation for both the employers and employees and the reduced productivity because employees must reread many times poorly written materials so as to get the intended meaning. Another result is the detrimental outcomes when incorrect decisions are made due poorly and ineffectively written materials (Quible & Griffin 2007). Many are the times when educators have debated how grammar should best be taught. Regardless of whether teaching grammar has benefits, no impact or harmful effects on students’ writing skills has been a topic that has drawn many controversies for at least five decades. For many years, teachers have taught grammar to students using a rule-based approach. The methods feature two characteristics that are sentence diagramming and parts of speech. Over time, the rules-based approach became disregarded in favor the context-based approach that was advocated by Weaver. The context-based approach then became the most preferred method of teaching punctuation and grammar. The context-based approach puts emphasis on what students are writing and reading (Quible & Griffin 2007). Instructors who guide students through writing programs are under a challenge to develop new approaches that will help students in remediating their sentence construction errors. The writing programs are most likely the last writing courses that the students get before they are awarded their respective undergraduate degrees. Because of the disparity between the undergraduates entering the workforce and their writing skills, teachers and instructors educating future employees should not ignore this fact. Researchers have come up with various alternatives to the rules-based design.  

Saturday, February 1, 2020

Finance Industry Essay Example | Topics and Well Written Essays - 2500 words

Finance Industry - Essay Example At present, debt factoring and debt subordination are the preferred means for companies to finance their needs for additional working capital. The financial flexibility provided by these two alternatives does not require the company management to relinquish any portion of their control or equity. They simply come with costs that then form part of the company's financing-related expenses. Many companies have huge accounts receivables in their balance sheets, relative to their other asset items. These accounts receivables can be of much better use to the company if they can be converted to cash sooner than their dates of collectability. Their conversion to cash through debt factoring should enable the company to do more business transactions and to produce higher income figures. (ABFA, 2009) Debt factoring is a three-party transaction that is consummated when a factor buys a company's accounts receivables, generally without recourse. Hence, the factor shoulders any losses resulting from the debtors' inability to pay. These debtors, by virtue of the factoring transaction, will be liable to pay the factor - not the original company creditor - the amounts due from them. (Brigham & Houston, 1998, p. 691) The factor does all three things: ensure the collection of the company's receivables, shoulder the losses resulting from bad debts and provide financing for the company through the purchase of its receivables. (Brealey, Myers & Marcus, 1995,p. 506) Meanwhile, debt subordination involves giving a specific creditor the last ranking in terms of claims on the debtor company's assets and income. Thus, subordinated debenture bonds - or uncollateralized debts - are issues that entitle owners to payments that are secured by what is left of the company after its secured debts, debenture bonds and other general liabilities have been settled. (Fabozzi, 2000, p. 86) Both debt factoring and debt subordination are available to companies with good credit records. Both can be handy tools for raising money to beef up the company's working capital, to take advantage of opportunities that require cash, to fund the company's acquisition of new plant equipments, to finance an expansion phase or to accomplish similar ventures. The Costs of Debt Factoring and Debt Subordination Factoring, then, helps to improve a company's cash flow. It also significantly reduces the expenses a company ordinarily incurs in doing preliminary credit investigation on each customer applying for a credit line and in ensuring the actual collection of their accounts receivable. In return for these benefits, debt factoring as an alternative comes with two costs that would have to be paid by the company: the interest and the fees. The interests charged amount to 1.50 to 3.00 percent over the prevailing base rate. Then fees in the scale of 0.75 to 2.50 percent of turnover are as well collected. (The UK Insolvency Helpline, 2009) Issuing subordinated debts, meanwhile, entail paying the service fees of investment companies and rating agencies and the interest rates attached to the debt instruments which may range from 10.00 to 15.00 percent. Related expenses are further incurred in the presentation, road-show and similar marketing activities that are all orchestrated to sell the company's subordinated debt instruments. Preparation