Receivable Management Essay Example for Free

Receivable Management Essay The company will come to know about the existing flaws in the system. The recommendations would help the company to overcome the same. It will also help the company to know which portal is generating more revenue, which position and many other things which generate grab major part of the revenue. [pic] Management Of Accounts Receivable Management of receivables is a process under which decisions to maximize returns on the investment blocked in them are taken. Thus, the main objective of management receivable is to maximize the returns on investment in receivables to minimize risk of bad debts etc. Because investment in receivables affects liquidity and profitability, it is, therefore, significant to maintain proper level of receivables. Accounts receivable represent sales that have not yet been collected as cash. It explains that merchandise or services in exchange for a customers promise to pay at a certain time in the future. Accounts receivables of a firm are created on both the side of the productive system. On one side of this system, the firm may make advance payments to the suppliers of the raw material to ensure timely supply, when the supplier holds the monopolistic position. On the other side of the productive system, accounts receivable are created by a firm when it sells its output on credit. These are termed as sundry debtors. Sundry Debtors constitute nearly 60% of the Accounts Receivables. Four Aspects Of Management Of Sundry Debtors: 1. Credit Policy needs to be determined. This involves a trade off between the profit on additional sales that arise due to credit being extended on the one hand and the cost of carrying those debtors and the bad debts losses on the other hand.

America Under Siege :: essays research papers

America under Siege†¦ One the greatest bastions of freedom and democracy in our world is now under siege by cowardly forces. The terrorist attack on the World Trade Centre and the Pentagon is not only an attack against the US, but an attack against the entire Western civilised world. There is nothing more despised and cowardly then a terrorist attack on innocent bystanders, but yet it is still one of the most effective weapons in the world today. It has been used before and will probably be used again, as we see from the attacks in the US. This is the warfare of the new Millennium. No country can be prepared for terrorist attacks and defend against them, especially not for one in such scale as the attack on the US. When seeing the pictures on CNN for the first time, I first believed that this was a hoax, a movie or something like that, but soon the fearful truth hit me ; this was for real! I have read things like this in books and seen them in the movies, but I for one, did not believe that this would happen. In 1996, Tom Clancy wrote a book called â€Å"Executive orders†, where he described a scenario which is not so far from what happened on Tuesday ; a plane crashes into Capitol Hill, killing the entire Congress and the president of the USA. You can say that Clancy almost predicted that something like this would happen, and so did the intelligence community. Already in 1993 a secret Pentagon report called â€Å"Terror2000† described possible terrorist scenarios against American interests, and in fact, several of those scenarios have come true indeed. America under siege. I remember reading Tom Clancy’s number one seller ; â€Å"Executive orders†, and thinking that it would be so cool if I could experience something like that. Well, I did, and the rest of the world did on the 11. of September 2001. And I realised how wrong I was when thinking that something like that would be cool to experience. Tom Clancy starts his book with a poem written by Colleen C. Hitchcock, called â€Å"the Ascension†, and I think that it is very appropriate for this occasion : Ascension And if I go, while you’re still here†¦ Know that I live on, vibrating to a different measure -- behind a thin veil you cannot see through. You will not see me, so you must have faith.

A play which explores the effect of relationships Essay

Task: Choose a play which explores relationships in a family/community. What strengths and/or weaknesses are apparent in these relationships and what is the overall effect on the family/community. A play which explores the effect of relationships in a family and community is â€Å"Romeo and Juliet† by William Shakespeare. The relationship between Romeo and Juliet, themselves, is key to the play and this relationship also embodies the family feud discussed in the play. Shakespeare conveys the lovers’ relationship as one built upon utter trust and devotion. Yet it is ill-fated due to the ancient feud between their families, the Montagues and the Capulets. The family grudge holds great importance and affects the lives of every citizen in the town of Verona. In the beginning of the play we are introduced to both the lovers. Romeo is portrayed as a depressed and melancholic person as the girl he loves does not love him back and Juliet as a girl who is unwilling to be married to a suitor of her parent’s choice. Romeo is in love with a Capulet girl called Rosaline and in order to see her he goes, uninvited, to a Capulet ball. He catches sight of Juliet at the ball and immediately falls in love with her. Much to his disappointment he finds out she is a Capulet: â€Å"Is she a Capulet? O dear account! My life is my foe’s debt. † Although Romeo has fallen in love with Juliet he knows it is not that simple in Verona. He realises that because they are from rival families their relationship would never be permitted. From the very beginning their relationships is said to be â€Å"star-cross’d† as their families have been mortal enemies. There is a major difference shown between Romeo’s love for Rosaline and his love for Juliet. When he is â€Å"in love† with Rosaline, Romeo is depressed. But, when he sees Juliet, it is a whole different story. He suddenly experiences true love as he had never felt with Rosaline. From the moment Romeo first sees Juliet their bond is very intense. When describing the love between Romeo and Juliet, Shakespeare often uses poetic and romantic language: â€Å"O she doth teach the torches to burn bright! † Romeo compares Juliet to a candle’s light and says that she is incredibly beautiful. Shakespeare’s use of this â€Å"love at first sight† scenario emphasises that the young lovers have and instant and deep connection. This emphasises the strength of their devotion to each other. In the balcony scene, although Romeo and Juliet have only known each other for a short while, their love is very intense. Shakespeare uses various images to convey this: â€Å"Two of the fairest stars†¦ do entreat her eyes† Juliet’s eyes are being compared to twinkling stars which shows how much Romeo loves her. Romeo believes Juliet to be the most beautiful woman he has ever seen and this image conveys this. This symbolises their strong love for each other. Later on we see that Romeo is overcome by his love for Juliet and he even risks his life to see her. When a fight starts to form in the street Romeo makes it clear that he is not interested in fighting: â€Å"Tybalt, the reason I have to love thee Doth much excuse the appertaining rage† Even though the idea of being loyal to your own family is prominent throughout the play, Romeo is willing to forget the family feud and â€Å"love† his enemies for Juliet’s sake. This is important as is shows their commitment to each other. They are both willing to forget a centuries old family feud that shapes their whole life in order to be committed to each other and this is clearly a strength. Even when Juliet finds out that Romeo has killed her cousin, although she is upset and distraught, she is willing to forgive him as her devotion to him is so strong. Another aspect which shapes Romeo and Juliet’s relationship is the feud. The feud is the main weakness throughout the play and it has great impact on the community in Verona. When a fight breaks out in the street it is clear where the citizens loyalties are: â€Å"The quarrel is between our masters and us their men† In Verona, everyone is forced to take sides even the employees. It is clear from this why Romeo and Juliet’s relationship would be a problem as the feud has such a strong grip on society that there is no way of them being together other than in secret. Another scene in which the power of the feud comes through is when everyone is discussing what must be the consequence of Romeo’s actions: â€Å"Romeo slew Tybalt. Romeo must not live† Lady Capulet’s harsh words are conveying how the feud makes everyone stand their ground and the idea of forgive and forget is not even considered. The feud is the reason for Romeo and Juliet’s poor relationship as their families are so hostile towards each other. The feud causes the division in their community and the separation of the two families. In the end, it is only after the death of both Romeo and Juliet, a huge sacrifice, that their families reconcile and agree to live in peace. Romeo and Juliet’s relationship is one that is powerful yet it is always plagued by the feud of their families. Shakespeare’s use of imagery and symbolism to convey their relationship is highly powerful and only intensifies the bond between them.

Thailand Corruption Issues - 2787 Words

| Information Technology in Thailand | | | 7/2/2013 | Diffusion and Status of Information Systems As a developing country, Thailand’s use of Information Systems is on the rise. The diffusion of IS in a developing country is key in economic growth for that country. One main measure looked at related to Information Systems in Thailand is ICT, or Information and Communication Technology. ICT has led to new knowledge and innovation created which results in the continual development in the economy and society. In order to support the change of ICT to develop and promote the ICT capacity of Thailand in the global market, the ICT Policy of Thailand, or IT 2010 was created to be used as a framework for conducting the first†¦show more content†¦Businesses have also been able to benefit from technology by becoming more efficient and competitive. Overall, Thailand is still at a developing state, but has come a very long way in the past decade. Thailand, a heavily export dependent economy has become a newly industrialized economy and has been rapidly growing over the past decade. Although the emerging market still relies heavily on their agriculture sector, being the number one exporter of rice in the world, telecommunications as well as new types of services are emerging. Their GDP grew 6.5 %( 1) in 2012, and services followed by industry and agriculture make up the top three sectors. They are in fact the second largest economy in South East Asia after Indonesia, but their GDP per capita is still relatively low at around 5,000USD. Over the last several years FDI (foreign direct investment) in Thailand has surged dramatically. From 2010 to 2012, FDI has grown from 118 billion USD to 159 billion USD (2). Much of the FDI has been focused on the manufacturing sector, technology companies including Intel and Seagate Technology are among the many firms. Most of the manufacturing from FDI includes high end assembly and production. 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