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Monday, August 24, 2020
A SWOT Analysis of the Blackberry Essay Example | Topics and Well Written Essays - 750 words
A SWOT Analysis of the Blackberry - Essay Example SWOT Analysis Before 2002 the Blackberry was a customary two-path pager alongside a thumb console. Before long, it presented the 5000 and 6000 arrangement Blackberry and raised its market fascination with Java and email highlights. The following dispatch of 7000 arrangement incorporated extra highlights, for example, full shading screen and better web perusing. After the dispatch of 7100 arrangement, the organization concentrated to catch the market of common purchaser as opposed to its past specialty region of business experts. In its longing to make a specialty territory of general purchasers, the re-fortifying procedure started with the 8000 arrangement, offering Wi-Fi capacities, worked in cameras, and memory improving other options. The most recent 9000 arrangement has elevated the Blackberryââ¬â¢s qualities with the consideration of full HTML support for website pages, the ability to get RSS channels, and other unrivaled online long range interpersonal communication highligh ts (Vercillo, 2010). With this diagram of inventive history, a SWOT investigation of the Blackberry will show the reflection of what is available for Blackberry. Qualities Till now the creative past track of the Blackberry has empowered the RIM to catch a decent piece of the American market, with 37 percent of the US advertise for advanced cells moderately to its next closest opponent Windows Mobile at 26 percent (Hansberry, 2009). PDA Market Shares for year of 2009 and last quarter 2009 SMARTPHONES Table 1 - Nokia . . . .à 68 Millionâ â â 39% 2 - RIMà . . . . .à 35 Millionâ â â 20% 3 - Apple . . . .à 25 Milllionâ â â 15% 4 - HTCà . . . . .à 8 Million à â 5% 5 - Others . . .à 35 Millionâ â â 21% Totalâ . . . . . . 175 Million The above table demonstrates the general piece of the overall industry of RIMââ¬â¢s advanced mobile phones at 20 percent of the complete offer of 175 million; it was next just to Nokia . A major piece of this market power is from the business classification of IT experts, expanding its deals with BlackBerry Enterprise Server, as IT experts can control its highlights like debilitating mixed media additional items, for example, the camera and music player to constraining the particular websitesââ¬â¢ client experience. No opponent so far has prevailing with regards to giving this usefulness from the IT perspective (Morisy, 2008). Shortcomings The shortcomings of the BlackBerry emit from its fortification on IT abilities; the IT segment of the Company isn't as sharp about extra IT includes as media, web perusing and others, which are pleasantly overseen by Windows Mobile and others. It has been late in presenting the touch-screen capacity (Vercillo, 2010). Not offering High-Speed Downlink Packet Access (HSDPA) on all models, RIM has become a vulnerable objective from the opponent organizations offering this ability at serious expense on different models. This disadvantage of the organization strategy co uld demonstrate expensive over the long haul (Chan, 2009). The Blackberryââ¬â¢s organize engineering since the worldwide blackout of April 2007, in spite of the fact that it occurred taking things down a notch can turn into a significant issue in future (Blackberry Blast, 2007). Openings The Blackberry Partners Fund can be an extraordinary open door for RIM, as it is being utilized to create downloadable applications for the BlackBerry from different organizations (Gardner, 2008). This market has been caught by Apples iPhone, and the BlackBerry has not demonstrated energy for this model of creating applications. Consequently,
Saturday, August 22, 2020
Statement of Educational Goals and Philosophy Essay -- Philosophy of E
Articulation of Educational Goals and Philosophy Information is an amazing thing, and to have the option to convey this to todayââ¬â¢s youth has been a fantasy of dig for quite a while. There are numerous points of interest to instructing. I feel that is a very satisfying calling. I have seen my sister in the homeroom, and it extraordinarily roused me to need to have any kind of effect in somewhere in the range of ones life. Through viewing my sister in real life I was motivated to emulate her example. I accept that every youngster has the will to learn, and that on the off chance that they have an instructor who is ablaze they will be ablaze. I believe that if an instructor can't be amped up for why they are doing, how might they anticipate that their understudies should be energized. I need to be an instructor who breathes life into the homeroom. I need to have understudies who share their own perspectives, and demonstrate the longing to learn. I unequivocally feel that in the event that I demonstrate a longing to learn, they will need to gain from me. Offspring of all race, and statements of faith need to learn and exceed expectations. Shockingly they as a rule run over an encounter that can change this craving. I likewise feel that a childââ¬â¢s home life can enormously influence their longing to learn. So as to help kids in these circumstances you should be understanding, and attempt to see what they are accustomed to so as to give them the longing back. By showing restraint toward understudies particularly at the youth level when ordinarily they are still in the beginning times of life, I emphatically feel they will increase a regard and love for school. Information is a perpetual establishment from which you can generally take from paying little mind to the circumstance. This must be needed from the earliest starting point, youngsters must comprehend that it is theirs for the taking. I unequivocally feel that every kid can realize whatever he... ... opportunity to get things done in reality it will be simpler for them to realize what we are instructing. I want to one day have the option to convey these thoughts and ideas to youngsters in a homeroom I call my own. I plan to move on from school with a Bachelorââ¬â¢s qualification in Early Childhood Special Education with a minor ever. While encouraging I plan on working through master's level college acquiring a bosses, and physical convention in a specialized curriculum. I want to one day be utilized by a college, and have the option to instruct future educators. I would like to run a study hall where understudies have a state in their training, and I plan to have a lot of shared regard. My best learning encounters in school were in study halls where I had a state so in my training. I would like to show kids that they all have a similar chance, and can accomplish whatever their hearts want. Explanation of Educational Goals and Philosophy Essay - Philosophy of E Explanation of Educational Goals and Philosophy Information is an extremely incredible thing, and to have the option to convey this to todayââ¬â¢s youth has been a fantasy of dig for quite a while. There are numerous points of interest to educating. I feel that is a very satisfying calling. I have seen my sister in the study hall, and it enormously enlivened me to need to have any kind of effect in somewhere in the range of ones life. Through viewing my sister in real life I was propelled to emulate her example. I accept that every kid has the will to learn, and that on the off chance that they have an instructor who is ablaze they will be ablaze. I imagine that if an educator can't be amped up for why they are doing, how might they anticipate that their understudies should be energized. I need to be an instructor who breathes life into the study hall. I need to have understudies who share their own perspectives, and demonstrate the craving to learn. I emphatically feel that in the event that I demonstrate a longing to learn, they will need to gain from me. Offspring of all race, and beliefs need to learn and exceed expectations. Shockingly they normally run over an encounter that can change this longing. I likewise feel that a childââ¬â¢s home life can significantly influence their longing to learn. So as to help youngsters in these circumstances you should be understanding, and attempt to see what they are used to so as to give them the longing back. By showing restraint toward understudies particularly at the youth level when ordinarily they are still in the beginning periods of life, I unequivocally feel they will increase a regard and love for school. Information is an unending foundation from which you can generally take from paying little heed to the circumstance. This must be needed from the earliest starting point, kids must comprehend that it is theirs for the taking. I unequivocally feel that every kid can realize whatever he... ... opportunity to get things done in reality it will be simpler for them to realize what we are instructing. I plan to one day have the option to convey these thoughts and ideas to youngsters in a homeroom I call my own. I would like to move on from school with a Bachelorââ¬â¢s qualification in Early Childhood Special Education with a minor ever. While training I mean on working through master's level college gaining an experts, and physical principle in a specialized curriculum. I would like to one day be utilized by a college, and have the option to instruct future educators. I would like to run a study hall where understudies have a state in their training, and I plan to have a lot of common regard. My best learning encounters in school were in study halls where I had a state so in my instruction. I want to show youngsters that they all have a similar chance, and can accomplish whatever their hearts want.
Friday, July 17, 2020
How to Stop Your Constant Worrying
How to Stop Your Constant Worrying Panic Disorder Coping Print How to Stop Your Constant Worrying By Katharina Star, PhD facebook linkedin Katharina Star, PhD, is an expert on anxiety and panic disorder. Dr. Star is a professional counselor, and she is trained in creative art therapies and mindfulness. Learn about our editorial policy Katharina Star, PhD Medically reviewed by Medically reviewed by Steven Gans, MD on August 05, 2016 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on June 27, 2019 urbazon / Getty Images More in Panic Disorder Coping Symptoms Diagnosis Treatment Related Conditions If you have been diagnosed with an anxiety disorder, you probably know firsthand what it is like to live with constant worry. Worry is that feeling of uneasiness that occurs when your thoughts are focused on current difficulties in your life or potential problems that have not actually occurred. For example, these feelings can range from worrying about an upcoming evaluation at work to feeling worried about the safety of family members even when they all seem to be out of harms way. Many people who struggle with anxiety-related conditions are negatively affected by their worrisome thoughts. Frequent worrying can be exhausting and often increases your feelings of fear and anxiety. Worry can make it difficult to unwind and relax, even contributing to sleep disturbances, such as insomnia. Given its link to anxiety, it is no surprise that worry is common among those diagnosed with panic disorder. There are certain worries that are frequently experienced by those with this condition. For example, people with panic disorder often worry about when they will experience their next panic attack. Those with agoraphobia worry so much about their physical symptoms that they are often prone to engaging in avoidance behaviors, finding it difficult at times to engage in their regular activities. If you find yourself becoming a victim of your worries, it may be time to learn some new coping skills. Put Your Mind Elsewhere This tip may sound easy, but it does require some effort to distract yourself from worrying. To get your mind off your worries, try to get busy on something else. For example, you can try walking, watching television, or reading a good book. To prepare yourself for future worrying, make a list of activities that you can do. Label the list âWhat I can do instead of worryingâ and then underneath write down activities that will put your mind elsewhere. Try to come up with a long list of your own. Consider what activities you can do when in different situations, such as when you are at home, traveling, or at work. Having many options listed will increase the chance of you using them when you need them the most. A few possibilities to add to your list include: Do some chores inside or around the house, such as laundry or gardeningExercise or engage in a physical activityRead a book, magazine, or newspaperOrganize your home or officeWatch a funny movieEngage in a creative activity, such as drawing or writing Get Support Talking with a trusted friend or family member can help you feel more relaxed and supported. Sometimes hearing the perspective of another person can help change your view of your worries. You may want to spend a few minutes sharing your worries with someone, but it is best to not let that be the only subject that you talk about. A good friend can help you get your mind off of your worries and onto something else. Building a support network for panic disorder can take some time and effort. However, having others to lean on may help reduce your worry. Many people with panic disorder, panic attacks, and agoraphobia feel isolated and often find it difficult to reach out to others. If you are experiencing loneliness or are uncomfortable talking to others, try exploring your problem on your own through writing. Get a journal or simply a pen and some paper and write out your worries. When you have it all written down, you may be able to better see the big picture. Try writing down some potential solutions to your problems. Also, try to balance out your worries by writing down what you are grateful for. Sometimes when we are worried, we overlook the more positive aspects of our lives. Practice Relaxation and Self-Care Techniques Learning to relax is a proactive way to work towards overcoming your worries. People with panic disorder tend to have an overactive flight-or-fight response, meaning that they often approach life with a lot of fear and anxiety. Relaxation techniques serve the purpose of improving oneâs relaxation response and minimizing anxious thoughts. There are many ways to elicit the relaxation response, including progressive muscle relaxation, yoga, and meditation. These techniques can be learned on your own and can help you feel calmer. Decide which strategies work best for you and make an effort to practice your relaxation techniques for at least 10 to 20 minutes per day. Other self-care practices include physical fitness and nutrition, expressing our creativity, tending to our spiritual needs, and developing healthy relationships. Determine which activities you need to practice more in your life. Practicing self-care for panic disorder can help you live and feel healthier, which may help defeat some of your worrying. Face Your Worries Sometimes our worries are caused by procrastination or an inability to make a decision. If you are putting something off, worry can serve as a way to avoid facing the issue head-on. However, in the long run, worry and anticipation can actually make you feel much more anxious than if you would just take care of your issue. Stop worrying by taking the steps you need to deal with the problem. You may find that by tackling your problems or projects actually decrease your feelings of worry and stress.
Thursday, May 21, 2020
The Hero Of Hercules, The Little Mermaid, And The...
Across the Disney canon, a hero follows the monomyth; there is a call to adventure that is aided by some sort of supernatural aid, the hero then begins to transform while facing challenges or temptations, these challenges make the character worthy morally and emotionally worthy of our awe. At one point the character will have a revelation where a transformation will take place and the old them will ââ¬Å"dieâ⬠and they will be ââ¬Å"rebornâ⬠with new understanding. Then the character will return with their reward to the ordinary world. Throughout this journey the character will show how they are heroic through their journey how they are courageous and willing to make self-sacrifices. Hercules, The Little Mermaid, and The Many Adventures of Winnie theâ⬠¦show more contentâ⬠¦Ultimately Ariel is a hero because of her courage, being a mermaid living on land, and sacrificing her soul when she falsely believes that Eric is in love with Vanessa (Ursula). Similarly, in The Many Adventures of Winnie the Pooh, Pooh is made out to be the hero in the beginning because of her perceived action of saving Piglet from the flood. In reality, Pooh and Piglet are both heroes in this film because of their selfless qualities: Piglet sacrifices his home to Owl and Pooh asks Piglet to move in with her and share her hero party. Overall, the Disney hero is more about what is on the inside, something that has been reiterated many times songs and shows like Alena of Avalor. As discussed above all of the characters in their respective films are considered heroes through hero worship. Hercules for example shows all three signs of hero worship; her has a sudden growth of unusual fame followed by a marked shift in status where people then develop a certain sentimentality towards him (3, 54). After saving the two ââ¬Å"childrenâ⬠in the gorge and then killing the hydra Hercules then has a cult like following that is shown through numerous pieces of merchandise, statues, and murals, which shows how hero worship becomes a social force that makes the person who is being worshiped into an icon. This kind of icon status puts the hero on a pedestal where he is viewed as different from regular people and is very sudden as explained in the
Wednesday, May 6, 2020
The Mental Condition Of Bipolar Disorder - 1306 Words
Bipolar disorder is a mental condition once known as manic depression. It is a condition that causes an individual to have mood swings which can cause them to feel depressed at one moment and the next their mood is elevated and they feel as if they can conquer the world. There is no significant evidence to state what causes bipolar disorder but bipolar disorder can be caused by a chemical imbalance in the brain, from a stressful experience, or by a physical condition. Although bipolar disorder can trigger from any of these possibilities, bipolar disorder is commonly genetic and can run through the family tree. ââ¬Å"About 1 in every 100 adults has bipolar disorder at some point in their life. It usually starts between the ages of 15 to 19 - and it rarely starts after the age of 40. Men and women are affected equally.â⬠(RC Psych) Client Ralph Negron is a 60-year-old male from Bayamon, Puerto Rico; Mr. Negron was born and raised in Puerto Rico in a middle-class family. Mr. Negron-Siejo has worked as an electrician for 20+ years and has recently retired due to mental disabilities. Mr. Negron has been divorced four times and has recently remarried. Mr. Negron has 3 siblings two sisters and one brother who has passed away; Mr. Negron-Siejo expressed this loss to be very traumatic. Mr. Negron has also lost his father and his mother has suffered severe cerebral damage from several strokes. Mr. Negron also has three children who are grown and live on their own and has one grandchild. Mr.Show MoreRelatedThe Mental Condition Of Bipolar Disorder1728 Words à |à 7 Pagesabout yourself and life if you are a person who is living with a chronic condition. JD happens to have a treatable condition that affects his mind. Bipolar I Disorder, as the DSM-5, specifies, is a mental condition in which doctors do not fully understand. Through the more recent years doctors have gained understanding therefore able to treat the disorder more effectively. What they do understand is that it is a genetic disorder, it affects the moods and can impact an individual to be at a very highRead MoreBipolar Disorder : A Serious Mental Condition1174 Words à |à 5 Pages Bipolar Disorder Bipolar disorder (BPD) is known to be a serious mental condition. Bipolar disorder is also classified as manic-depressive disorder. It is characterized as malfunction with the brain by mood changes that includes a persistent increasing activity or energy levels. This serious condition is first diagnosed in young adults or adolescence. Diagnosis Bipolar disease is first diagnosed in young adulthood or adolescence. Diagnosis is said to be obvious, when the patient is showing floridRead MoreBipolar Disorder : Mental Health Condition981 Words à |à 4 PagesBipolar disorder, or manic-depressive disorder, is a disorder characterized by extreme mood changes. An individual who suffers from this disorder can have extreme highs or extreme lows. They could go from being overly energetic and outgoing to feeling empty, depressed, angry and just completely worthless on a daily, weekly, monthly and or even yearly basis. Diagnosis, dramatic changes in oneââ¬â¢s life, and even treatment can have a serious effect on an individual that is suffering from Bipolar disorderRead MoreBipolar Disorder : Symptoms And Treatment917 Words à |à 4 PagesNasev Freeman-3 Health 26 October 2014 Bipolar Disorder According to the National Health Institute of Mental Health about 2.6% of the adults in the United States are affected by bipolar disorder every year. People who have bipolar disorder experience alternating periods of mania (overly happy) and very deep depression. Untreated bipolar disorder can cause other mental disorders and some physical illnesses too. Although bipolar is a lifelong genetic condition, there are ways to relieve the symptomsRead MoreBipolar Disorder, Formerly Known As Manic-Depression, Is1359 Words à |à 6 PagesBipolar disorder, formerly known as manic-depression, is a mental disorder. This disorder causes the individual to experience severe mood swings, from elation to depression. Individuals with bipolar disorder can experience serious changes in thinking, energy and behaviour. The different states of those with bipolar experience are referred to as ââ¬Ëepisodesââ¬â¢. These episodes can last days, weeks or months, depending on the severity of the episode. There are three main types of episodes, they are maniaRead MoreBipolar Disorder And Its Effects On The Patient s Life1203 Words à |à 5 Pagesworld of mental health disorders, one of the most common is Bipolar Disorder. According to the Depression and Bipolar Support Alliance (DBSA), Bipolar Disorder affects as much as 2.6% of the adult population. The effects of Bipolar Disorder can range from mild (having little impact on the patientââ¬â¢s day to day life) to severe (making the patientââ¬â¢s life debilitating and nonfunctioning). Bipolar Disorder also has a devastating effect on the patientââ¬â¢s friends and family. Bipolar Disorder is one ofRead MoreSymptoms And Treatment Of Bipolar Disorder977 Words à |à 4 Pagesabout I personally know. She suffers from Bipolar disorder. Bipolar disorder is defined as a mental disorder marked by alternating periods of elation and depression. The disorder causes dramatic mood swings from feeling overly high and/or irritable too sad and hopeless, and then back again, often with periods of normal mood in between. Some people have their first experience at childhood, while others may develop symptoms late in life. Bipolar disorder does run in families, but researchers haveRead MoreTypes Of Bipolar Disorder ( Bipolar )1274 Words à |à 6 Pagesare several types of bipolar disorders, but the two main types are Bipolar I and Bipolar II. Bipolar I is the definitive type of the bipolar disorder, and the person will constantly go through both the manic and depressive stages of the condition. The length of these episodes will differ from time to time. In Bipolar II, the manic stages are not as severe as Bipolar I; nevertheless, the depressive stages are quite similar (bipolar). But what causes this life altering mental illness? Several factorsRead MoreBipolar Disorder And The Symptoms That Come Along With It1157 Words à |à 5 Pages Abstract This paper analyzes bipolar disorder and the symptoms that come along with it. Bipolarity effects a decent percentage of America and does not target a specific gender, race, age, or ethnicity. It is treatable; however, not curable ailment. Those who are not affected by bipolarity must realize that it is important to help those dealing with the condition cope with the side effects of their mental state. Bipolar Disorder Development and Treatment for People Who Are DiagnosedRead MoreThe Health Related Issue Bipolar Disease1049 Words à |à 5 Pagesrelated issue bipolar disease first previously described as ââ¬Ëmanic depression insanityââ¬â¢ was seen as different from other mental illnesses by psychiatrist Emil Krapelin in 1899 (Goodwin, Guy, Sachs, Gary, 2010).However the illness ââ¬Ëbipolarââ¬â¢ was named in the 1960ââ¬â¢s by psychiatrist Angsy and Perris who both understood the illness happened in mania and mood altitude (Goodwin, Guy, Sachs, Gary, 2010). According to the National Institute of Mental health in many cases diagnoses for the condition isnââ¬â¢t diagnosed
Spring Jazz Band Concert Report Free Essays
On Friday, April 29, 2011, I went to see Spring Jazz Concert at Sophia B. Clarke Theater. Most of performers have great instrument skill and show us a wonderful music. We will write a custom essay sample on Spring Jazz Band Concert Report or any similar topic only for you Order Now Each movement highlights the character, range, and technical abilities of an individual instrument, all of pieces stand on their own as intricate musical gems. The show was divided for two parts, and they have different sections on those two parts. During the concert, we would hear different music programs by playing in different music instruments such as saxophones, trumpets, trombones, drums, bass, guitar, and piano. Each performer represents different music instruments. On the first parts of the concert, there were three songs. In conclusion, I enjoyed this concert very much because the music in this concert was very nice. In my opinion, I had totally different feelings between I listened music in the concert and at home, and the atmosphere of concert was awesome. Besides the music, I had deep impression in the performers; every performers in the concert had much passion when they were performing. In my opinion, because of their wonderful performance, I could hear such nice music. Also, everyone in the concert was polite. Every times when conductor came to the stage or the song was end, almost every audience stood up and applauded to the performers, the applause lasted for a pretty long time. At that time, I felt so good. All in all, I really enjoyed this concert. The tone color of most of the jazz bands that I saw was smooth and inviting. This made the bands easier to listen to. They were polyphonic in structure, where all of the different instruments were playing different melodies. The rhythm that was used was in a quadruple meter. This was true for all of the bands. The only thing that I wished would have happened was that there would have been more improvisation instead of reading from sheet music. They were very structured in that way. How to cite Spring Jazz Band Concert Report, Papers
Saturday, April 25, 2020
Ratio Analysis of Hcl Tech free essay sample
It provides software-led IT solutions, remote infrastructure management and BPO services, focused mainly on transformational outsourcing. The company leverages its extensive offshore infrastructure and global network of offices in 31 countries to deliver solutions across selected verticals including financial services, retail and consumer, life sciences, aerospace, automotive, semiconductors, telecom, media publishing and entertainment. HCL takes pride in its philosophy of ââ¬Å"Employees First, Customers Secondâ⬠which empowers their 84,403 employees to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 4. 5 billion, as on 31st March 2013. HCL Leadership team 2. Objectives of Study Development of industries depends on several factors such as financial, personnel, technology, quality of product and marketing. Financial aspects assume a significant role in determining the growth of industries. All the companyââ¬â¢s operations virtually affect its need for cash. Most of these data covering operations area are however outside the direct responsibility of the financial executives. We will write a custom essay sample on Ratio Analysis of Hcl Tech or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The firm whose present operations are inherently difficult should try to makes its financial analysis to enable its management to stay on top of its working position. In this context I am undertaking financial ratio analysis of HCL Technologies to examine and understand financial performance of the company. Using ratio analysis this project will provide the insights of ââ¬â * The growth and development of HCL Technologies for last 5 years (FY 08-12) * The behavior of liquidity and profitability of HCL Technologies * The factors determining the liquidity and profitability of HCL Technologies Scope The scope of the study is limited to financial data published in the annual reports of the company every year. The analysis is done to suggest possible solutions for financial growth of the organization. This study is carried out for 5 years (2008-2012). Also data provided by external agencies are used for analysis of future predication. 3. Concept of Financial Statement amp; Ratio Analysis 2 3. 2 Financial Statement To understand the information contained in financial statements with a view to know the strength or weaknesses of the organization, to make forecast about future prospects and thereby enabling the management and external parties to take different decisions regarding the operations. Fundamental analysis has a very broad scope. One aspect looks at the general (qualitative) factors of the company. The other side considers tangible and measurable factors (quantitative). This means crunching and analyzing numbers from the financial statements if used in conjunction with other methods, quantitative analysis can produce excellent results. Ratio Analysis Ratio analysis is the method or process by which relationship/group of items in the financial statement are computed, determined and presented. Ratio analysis is an attempt to derive quantitative measure or guides concerning the financial health and profitability of business enterprises. Ratio analysis can be used both in trend and static analysis. Purpose of several ratios depends on the objective of analysis. A financial ratio measures a companyââ¬â¢s performance in a specific area. For example, you could use a ratio of a companyââ¬â¢s debt to its equity to measure a companyââ¬â¢s gearing. By comparing the gearing ratios of two companies, you can determine which company uses greater debt per equity. You can use this information to make a judgment as to which company is better investment risk. However, you must be careful not to place too much importance on one ratio. You obtain better indication of the direction in which a company is moving when several ratios are taken as a group. Ratios are worked out to analyze the following aspects of an enterprise: a. Solvency: i. Long term ii. Short term iii. Immediate b. Profitability c. Operational Efficiency d. Credit standing e. Effective utilization of resources f. Investment Analysis 3. 4 Significance of Ratio Analysis in Financial Statement Ratio analysis is very important in revealing the financial position and soundness of the business so used by various parties * Management: The group that has the most interest in financial statement analysis is management. Management needs to discover quickly any area of mismanagement so that corrective action can be quickly taken. It mainly helps in: * Decision making: Ratio analysis helps in making decision from the information provided in these financial Statements. Financial forecasting and planning: Planning is looking ahead and the ratios calculated for a number of years a work as a guide for the future. * Communicating: The financial strength and weakness of a firm are communicated in a more easy and understandable manner using ratios. * Co-ordination: Better communication of efficiency and weakness of an enterprise result in better co-ordination in the enterprise * Control: The weaknesses are otherwise, if any, come to the knowledge of the managerial, which helps, in effective control of the business. * Investors or Shareholders Investors are interested in financial statements to evaluate current earnings and to predict future earnings. Financial statements influence greatly the price at which stock is bought and sold. * Lenders: Bankers before granting loans usually require that financial statements be submitted. Whether or not a loan is made depends heavily on a companyââ¬â¢s financial condition and its prospects for the future. * Employees: Employees are mainly concerned about the profitability. Their salaries and increments are dependent on the profit made by the company. * Government:
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