Wednesday, October 30, 2019

Nurses as Entrepreneurs Research Paper Example | Topics and Well Written Essays - 1500 words

Nurses as Entrepreneurs - Research Paper Example Largely, the practices enable the nurses to intervene for patients as caregivers. Various faculties in nursing prepare nurses for the entrepreneurship projects for example community health, mental health among others. Ideally, the opportunity that the nurses have does not only help them to utilize their potential but also promote assistance to the community. Benefits of Nurse as Entrepreneur The nursing business does not necessarily need to take place in an office or room. Nurses are able to make mobile community visits where there are able to conduct their services. Studies show that nurse entrepreneurs conduct their activities using electronic terminal (Fero, et.al. 2010). In addition, a nurse may have a small office where patients can report to or place their request for services. Instituting a nursing business enables a nurse to increase her or his visibility, direct their creativity in providing services to the society. Ideally, challenges in the business would expose the nurse thereby influencing his or her approach in the profession. The adventures is rewarding because it does not constraint the nurse to achieve a given job target. However, it makes the nurse to work at her own convenience. The nurses who operate their activities as entrepreneurs show credible work because they have to demonstrate high standard of service delivery. Failure to supply the same would lead to low profits. The entrepreneurial skills required in the business are similar to the ones in other business activities (Fero, et.al. 2010). For examples, nurse entrepreneurs must demonstrate the following attributes in order to be successful excellent interpersonal skills, collaboration skills, critical thinking, and credibility. Nurse as an entrepreneur has numerous rewards ranging from financial benefits to professional benefits. Many nurses who opt to practices as entrepreneurs demonstrate satisfaction to the services and the duties they conduct. Barriers Entry into the nursing busine ss may poses challenges to nurses. Some of the barriers identified in nursing entrepreneurship include lack of skills to operate successful as an entrepreneur nurse. Knowledge is critical in defining the model of the business. While nurses attend professional training, business skill is not the central subject they do learn. Thus, the success of the business would depend on the business skills that the nurse has acquired from other forms of training. Critical evaluation and administration of the business skills is vital to the future of the success of any given business. Some nurses are unable to acquire the privileges they receive while practicing in hospitals. Since the duty depends with the work input of the nurse, it means that failure to input enough effort would lead to business failure. Studies shows that requirements such as malpractice insurance cover, statutory requirements and start up cost may hinder the efforts of nurses that wish to start their own business (Fitzpatric k & Ea, 2011). Largely, any business model has requirements, which influence the entry behavior. The government requirement or a restriction is another factor that influences nurse entrepreneur. While financial capability of the individual willing to institute the business would be instrumental in its growth, the outcome or the service trend of the business will also influence the number of client that the business is likely to receive (Fitzpatrick & Ea, 2011). For instance, the government evaluates and offer license for

Sunday, October 27, 2019

The Term Of Nakakainis In The Philippines English Language Essay

The Term Of Nakakainis In The Philippines English Language Essay Have you encountered a time when you are feeling really irritated or annoyed that you would just like to punch or slap a pesky person? When you are being disturbed by an utterly foolish person who asks nonsense questions? Or when you did not get to watch your favorite soap opera? These situations make you say NAKAKAINIS!!, right? But Filipino youth these days barely use the original meaning of nakakainis irritated, annoyed and troubled (Nakakainis in English, Yahoo Answers. June 2010). Filipino youth would say NAKAKAINIS if they find things which are interesting like after watching this video (Ayos sa Trip si Manong, You Tube . June 2010), seeing this very cute picture (Baby Cheeks, Flickr [picture file]. November 2005) or cracking Filipino funny jokes like Q: bakit bawal maligo ng sabay-sabay ang mga kalbo sa Jacuzzi? A: Kasi, magmu-mukha silang pinipritong squid ball!! They would say NAKAKAINIS!! even if they are not feeling irritated or annoyed. This is the NAKAKAINIS of our youth . We can also say that it is the modern nakakinis for the youth. NAKAKAINIS is a form of expression that is used by Filipino youth. They use it when they see interesting pictures, videos, mannerisms or stuffed toys. The word nakakainis has a prefix nakaka- and a root word inis. In Filipino, the prefix or unlaping naka- is used when the word will be used as a conjugate in the sentence. If the essay or sentence must be written in formal, the conjugate should be written having its prefix nakaka- first, and the root word itself. Example: nakakabaliw, nakakamatay, nakakagalit. If it is informal, the prefix naka- should be written fist, followed by the first syllable of the word, and the root word itself. Example: nakababaliw nakamamatay, nakagagalit. (Panlapi, Gintong Pamana: Aklat sa Wika 3. 2006) The word nakakainis has two different meanings the feeling of irritation or annoyance and the reaction of the showing of interest in a thing. Nakakainis, in English, means irritating or annoying. According to the definition of annoyance, if the feeling of irritations and annoyance mount up, our feeling outbursts and thus, the feeing of irritation and annoyance will be changed or result in anger or frustration.(Annoyance, Experience Festival. n.d.) It is an uncomfortable feeling that can be the reason of a sudden outburst of anger. Sometimes, if a person is really irritated or annoyed, he could not control his emotions and do something rush that would result to a big problem. People who doesnt have control in their feelings would shout or hurt the feelings of the person who irritates or annoys them. When we get angry because of irritation and annoyance, we should have presence of mind to prevent unwanted events to happen like fighting. The expression nakakainis, in a high-pitched tone, can mean the reaction after seeing interesting things. For example, a teenager sees you carrying a cute Crayola pillow and her reaction will surely be: Its so cute! Where did you buy that? Nakakainis! or I would also like to have one! Nakakainis ang pagka-cute nya! In my high school, my classmates used nakakainis as an expression whenever they find cute and interesting things. Making a person happy of satisfying a persons need is the same as pleasing them while annoyance or irritation is when somebody or something making you feel uneasy by continuously bothering you. Pleasing a person is not easy as annoying or irritating a person. We can contrast irritation or annoyance to pleasing a person. It takes time and effort to please somebody. Most of the time, people please others because they are scared of rejection. They are scared to be left alone and thus, making themselves always available even though they are busy. People-pleasers, those people who please others, feel that people are taking advantage of them because of their low self esteem. People-pleasers always suffer because of low esteem and they cant say no to people who ask them favors or requests. Ms. Carla Valencia stated in her blog that those people who like to please others are scared of people rejecting them, preventing problems between other people, problem on always degrading themselves beca use they are not confident enough on their abilities, skills or knowledge. (Low Self Esteem and Pleasing People, More Self Esteem. n.d.) Stress can be the result of being irritated and annoyed always. As stated earlier, being irritated or annoyed can lead to emotions such as anger and frustration. We all know that stress has a great effect in our lives. It makes us age prematurely, can lead us to have psychosomatic illness and greatly affect our job. Stress can be more of a factor in determining your physical age than the number of candles you blow out each year. (#7 Effects of Stress, About. November 2007) Because of stress, a person can look older than his present age. A good example for this one is the commercial from the StressTabs. In the commercial, Giselle Sanchez, the host of the bar, thought that a looking sick and old girl was already in her 50s so she called her as lola. Then the boyfriend of the girl told Giselle Sanchez that she is his girlfriend and she looks like that because she is stressed and tired from work. But the girl, after taking StressTabs, looked like she transformed into a pretty, fine, youn g-looking girl. This commercial is telling us that being stress always would ruin our beautiful face and will only look older. According to the number five of the effects of stress, it is stated that thinking negative things and being emotionally stressed results in psychosomatic illness. We should be worrying about it because it can be treated like in any other kind of sickness. (#5 Effects of Stress, About. November 2007) People can cure themselves by attending Yoga classes. By doing Yoga, stress will go away and it can refrain us from getting or acquiring psychosomatic illnesses. People should always think positive things to also prevent from being stressed and sick. We, people, need to have energy to work. But, if we are always stressed, we cant do our job well. People need to rest to have energy. The Filipino expression kakagigil or a intense emotion, urge or feeling that a person gets over with something that he/she thinks is totally wonderful and together describes carefully how a person responds or want to respond (Getting Gigil with It, Culture Fried. March 2010), can be compared to kakainis. NAKAKAINIS is a form of expression that is used by Filipino youth. They use it when they see interesting pictures, videos, mannerisms or stuffed toys. The expressions that we daily use reflects on our attitudes. Most expressions are slang and vulgar words. We should be wary of people because they will base their first impressions on other people by just hearing their expressions. Especially here in the Philippines, most expressions used are curses, slang and other vulgar words. We should be careful in every word we say. Expressions are like any other words we encounter. As we all know, words are dynamic. Thus, the expressions we daily use could also evolve its meaning in years to come.

Friday, October 25, 2019

Essay --

ME: I spent nearly 15 years harboring un-forgiveness against an individual. I was 7 years old I lost my Mother .My father was left to raise seven children. We didn’t have much and it showed in my appearance and unkempt hair. I remembered sitting in class one particular day; the teacher asked each of us what we wanted to be when we grew up. When the time came for me to answer I stood up and said that â€Å"I wanted to be a teacher† and she looked at me and said â€Å"you should think of something else more realistic. I had heard hurtful words repeatedly as a child but that day, I was crushed by them. I recall how the entire class laughed and made fun of me and years later I believed that I was never going to amount to anything, and everything I attempted failed. It was as if those words were like a ball and chain on me. My Dad was a weekend alcoholic back then and he worked hard during the week but on the weekends he was never around. My childhood was a very lonely one, I didn’t have any friends, only associates, but there was this guy name Chris, he was a sweet and very nice boy. I use to talk to him from time to time but he was very reserved and was always by himself. I felt badly for him, after all, I felt that we were both misfits. We had become good friends, and even though he wasn’t much of a talker, neither of us seemed to mind, we were just grateful to have the other as a friend. Then one day I learned that he had committed suicide. We hadn’t been friends all that long but he was the only friend I had and I was really hurt, angry, and I even questioned and blamed God for allowing it to happen. I couldn’t understand how he would allow it and I had a hard time dealing with it. I had to get away, so when I turned 18 I decided to ... ...e command, or any Holy words provided, as they are in the other two Sacraments. Also, a foot washing is void of evangelical grace, or pardon of sin, which is why it should not be practiced in the church as Sacrament. I pray that you learned from this study of Jesus’s example, and I pray that God continue to stir us up to live lives which are pleasing in His sight and from which He get all the honor and glory. It was due to this study that I was able to free myself by forgiving the teacher who spoke nothingness into my life and those who made my life a living hell growing up. Immediately when I forgave them I felt as if that ball and chain that was attached to me just broke into and fell off. I no longer receive the report of others; I believe what God said about me. I perform feet washing according to the teaching of Jesus; I just do not perform them as Sacrament.

Thursday, October 24, 2019

The Twilight Saga 4: Breaking Dawn 26. Shiny

â€Å"I don't know how much we should tell Renee about this,† Charlie said, hesitating with one foot out the door. He stretched, and then his stomach growled. I nodded. â€Å"I know, i don't want to freak her out. Better to protect her. This stuff isn't for the fainthearted.† His lips twisted up to the side ruefully. â€Å"I would have tried to protect you, too, if I'd known how. But I guess you've never fit into the fainthearted category, have you?† I smiled back, pulling a blazing breath in through my teeth. Charlie patted his stomach absently. â€Å"I'll think of something. We've got time to discuss this, right?† â€Å"Right,† I promised him. It had been a long day in some ways, and so short in others. Charlie was late for dinner – Sue Clearwater was cooking for him and Billy. That was going to be an awkward evening, but at least he'd be eating real food; I was glad someone was trying to keep him from starving due to his lack of cooking ability. All day the tension had made the minutes pass slowly; Charlie had never relaxed the stiff set of his shoulders. But he'd been in no hurry to leave, either. He'd watched two whole games – thankfully so absorbed in his thoughts that he was totally oblivious to Emmett's suggestive jokes that got more pointed and less football-related with each aside – and the after-game commentaries, and then the news, not moving until Seth had reminded him of the time. â€Å"You gonna stand Billy and my mom up, Charlie? C'mon. Bella and Nessie'll be here tomorrow. Let's get some grub, eh?† It had been clear in Charlie's eyes that he hadn't trusted Seth's assessment, but he'd let Seth lead the way out. The doubt was still there as he paused now. The clouds were thinning, the rain gone. The sun might even make an appearance just in time to set. â€Å"Jake says you guys were going to take off on me,† he muttered to me now. â€Å"I didn't want to do that if there was any way at all around it. That's why we're still here.† â€Å"He said you could stay for a while, but only if I'm tough enough, and if I can keep my mouth shut.† â€Å"Yes†¦ but I can't promise that we'll never leave, Dad. It's pretty complicated___† â€Å"Need to know,† he reminded me. â€Å"Right.† â€Å"You'll visit, though, if you have to go?† â€Å"I promise, Dad. Now that you know/usf enough, I think this can work. I'll keep as close as you want.† He chewed on his lip for half a second, then leaned slowly toward me with his arms cautiously extended. I shifted Renesmee – napping now – to my left arm, locked my teeth, held my breath, and wrapped my right arm very lightly around his warm, soft waist. â€Å"Keep real close, Bells,† he mumbled. â€Å"Real close.† â€Å"Love you, Dad,† I whispered through my teeth. He shivered and pulled away. I dropped my arm. â€Å"Love you, too, kid. Whatever else has changed, that hasn't.† He touched one finger to Renesmee's pink cheek. â€Å"She sure looks a lot like you.† I kept my expression casual, though I felt anything but. â€Å"More like Edward, I think.† I hesitated, and then added, â€Å"She has your curls.† Charlie started, then snorted. â€Å"Huh. Guess she does. Huh. Grandpa.† He shook his head doubtfully. â€Å"Do I ever get to hold her?† I blinked in shock and then composed myself. After considering for a half second and judging Renesmee's appearance – she looked completely out – I decided that I might as well push my luck to the limit, since things were going so well today___ â€Å"Here,† I said, holding her out to him. He automatically made an awkward cradle with his arms, and I tucked Renesmee into it. His skin wasn't quite as hot as hers, but it made my throat tickle to feel the warmth flowing under the thin membrane. Where my white skin brushed him it left goose bumps. I wasn't sure if this was a reaction to my new temperature or totally psychological. Charlie grunted quietly as he felt her weight. â€Å"She's†¦ sturdy.† I frowned. She felt feather-light to me. Maybe my measure was off. â€Å"Sturdy is good,† Charlie said, seeing my expression. Then he muttered to himself, â€Å"She'll need to be tough, surrounded by all this craziness.† He bounced his arms gently, swaying a little from side to side. â€Å"Prettiest baby I ever saw, including you, kid. Sorry, but it's true.† â€Å"I know it is.† â€Å"Pretty baby,† he said again, but it was closer to a coo this time. I could see it in his face – I could watch it growing there. Charlie was just as helpless against her magic as the rest of us. Two seconds in his arms, and already she owned him. â€Å"Can I come back tomorrow?† â€Å"Sure, Dad. Of course. We'll be here.† â€Å"You'd better be,† he said sternly, but his face was soft, still gazing at Renesmee. â€Å"See you tomorrow, Nessie.† â€Å"Not you, too!† â€Å"Huh?† â€Å"Her name is Renesmee. Like Renee and Esme, put together. No variations.† I struggled to calm myself without the deep breath this time. â€Å"Do you want to hear her middle name?† â€Å"Sure.† â€Å"Carlie. With a C. Like Carlisle and Charlie put together.† Charlie's eye-creasing grin lit up his face, taking me off guard. â€Å"Thanks, Bells.† â€Å"Thank you, Dad. So much has changed so quickly. My head hasn't stopped spinning. If I didn't have you now, I don't know how I'd keep my grip on – on reality.† I'd been about to say my grip on who I was. That was probably more than he needed. Charlie's stomach growled. â€Å"Go eat, Dad. We will be here.† I remembered how it felt, that first uncomfortable immersion in fantasy – the sensation that everything would disappear in the light of the rising sun. Charlie nodded and then reluctantly returned Renesmee to me. He glanced past me into the house; his eyes were a little wild for a minute as he stared around the big bright room. Everyone was still there, besides Jacob, who I could hear raiding the refrigerator in the kitchen; Alice was lounging on the bottom step of the staircase with Jasper's head in her lap; Carlisle had his head bent over a fat book in his lap; Esme was humming to herself, sketching on a notepad, while Rosalie and Emmett laid out the foundation for a monumental house of cards under the stairs; Edward had drifted to his piano and was playing very softly to himself. There was no evidence that the day was coming to a close, that it might be time to eat or shift activities in preparation for evening. Something intangible had changed in the atmosphere. The Cullens weren't trying as hard as they usually did – the human charade had slipped ever so slightly, enough for Charlie to feel the difference. He shuddered, shook his head, and sighed. â€Å"See you tomorrow, Bella.† He frowned and then added, â€Å"I mean, it's not like you don't look†¦ good. I'll get used to it.† â€Å"Thanks, Dad.† Charlie nodded and walked thoughtfully toward his car. I watched him drive away; it wasn't until I heard his tires hit the freeway that I realized I'd done it. I'd actually made it through the whole day without hurting Charlie. All by myself. I must have a superpower! It seemed too good to be true. Could I really have both my new family and some of my old as well? And I'd thought that yesterday had been perfect. â€Å"Wow,† I whispered. I blinked and felt the third set of contact lenses disintegrate. The sound of the piano cut off, and Edward's arms were around my waist, his chin resting on my shoulder. â€Å"You took the word right out of my mouth.† â€Å"Edward, i did it!† â€Å"You did. You were unbelievable. All that worrying over being a newborn, and then you skip it altogether.'7He laughed quietly. â€Å"I'm not even sure she's really a vampire, let alone a newborn,† Emmett called from under the stairs. â€Å"She's too tame.† All the embarrassing comments he'd made in front of my father sounded in my ears again, and it was probably a good thing I was holding Renesmee. Unable to help my reaction entirely, I snarled under my breath. â€Å"Oooo, scary,† Emmett laughed. I hissed, and Renesmee stirred in my arms. She blinked a few times, then looked around, her expression confused. She sniffed, then reached for my face. â€Å"Charlie will be back tomorrow,† I assured her. â€Å"Excellent,† Emmett said. Rosalie laughed with him this time. â€Å"Not brilliant, Emmett,† Edward said scornfully, holding out his hands to take Renesmee from me. He winked when I hesitated, and so, a little confused, I gave her to him. â€Å"What do you mean?† Emmett demanded. â€Å"It's a little dense, don't you think, to antagonize the strongest vampire in the house?† Emmett threw his head back and snorted. â€Å"Please!† â€Å"Bella,† Edward murmured to me while Emmett listened closely, â€Å"do you remember a few months ago, I asked you to do me a favor once you were immortal?† That rang a dim bell. I sifted through the blurry human conversations. After a moment, I remembered and I gasped, â€Å"Oh!† Alice trilled a long, pealing laugh. Jacob poked his head around the corner, his mouth stuffed with food. â€Å"What?† Emmett growled. â€Å"Really?† I asked Edward. â€Å"Trust me,† he said. I took a deep breath. â€Å"Emmett, how do you feel about a little bet?† He was on his feet at once. â€Å"Awesome. Bring it.† I bit my lip for a second. He was just so huge. â€Å"Unless you're too afraid†¦ ?† Emmett suggested. I squared my shoulders. â€Å"You. Me. Arm-wrestling. Dining room table. Now.† Emmett's grin stretched across his face. â€Å"Er, Bella,† Alice said quickly, â€Å"I think Esme is fairly fond of that table. It's an antique.† â€Å"Thanks,† Esme mouthed at her. â€Å"No problem,† Emmett said with a gleaming smile. â€Å"Right this way, Bella.† I followed him out the back, toward the garage; I could hear all the others trailing behind. There was a largish granite boulder standing up out of a tumble of rocks near the river, obviously Emmett's goal. Though the big rock was a little rounded and irregular, it would do the job. Emmett placed his elbow on the rock and waved me forward. I was nervous again as I watched the thick muscles in Emmett's arm roll, but I kept my face smooth. Edward had promised I would be stronger than anyone for a while. He seemed very confident about this, and I felt strong. That strong? I wondered, looking at Emmett's biceps. I wasn't even two days old, though, and that ought to count for something. Unless nothing was normal about me. Maybe I wasn't as strong as a normal newborn. Maybe that's why control was so easy for me. I tried to look unconcerned as I set my elbow against the stone. â€Å"Okay, Emmett. I win, and you cannot say one more word about my sex life to anyone, not even Rose. No allusions, no innuendos – no nothing.† His eyes narrowed. â€Å"Deal. I win, and it's going to get a lot worse.† He heard my breath stop and grinned evilly. There was no hint of bluff in his eyes. â€Å"You gonna back down so easy, little sister?† Emmett taunted. â€Å"Not much wild about you, is there? I bet that cottage doesn't have a scratch.† He laughed. â€Å"Did Edward tell you how many houses Rose and I smashed?† I gritted my teeth and grabbed his big hand. â€Å"One, two – â€Å" â€Å"Three,† he grunted, and shoved against my hand. Nothing happened. Oh, I could feel the force he was exerting. My new mind seemed pretty good at all kinds of calculations, and so I could tell that if he wasn't meeting any resistance, his hand would have pounded right through the rock without difficulty. The pressure increased, and I wondered randomly if a cement truck doing forty miles an hour down a sharp decline would have similar power. Fifty miles an hour? Sixty? Probably more. It wasn't enough to move me. His hand shoved against mine with crushing force, but it wasn't unpleasant. It felt kind of good in a weird way. I'd been so very careful since the last time I woke up, trying so hard not to break things. It was a strange relief to use my muscles. To let the strength flow rather than struggling to restrain it. Emmett grunted; his forehead creased and his whole body strained in one rigid line toward the obstacle of my unmoving hand. I let him sweat – figuratively – for a moment while I enjoyed the sensation of the crazy force running through my arm. A few seconds, though, and I was a little bored with it. I flexed; Emmett lost an inch. I laughed. Emmett snarled harshly through his teeth. â€Å"Just keep your mouth shut,† I reminded him, and then I smashed his hand into the boulder. A deafening crack echoed off the trees. The rock shuddered, and a piece – about an eighth of the mass – broke off at an invisible fault line and crashed to the ground. It fell on Emmett's foot, and I snickered. I could hear Jacob's and Edward's muffled laughter. Emmett kicked the rock fragment across the river. It sliced a young maple in half before thudding into the base of a big fir, which swayed and then fell into another tree. â€Å"Rematch. Tomorrow.† â€Å"It's not going to wear off that fast,† I told him. â€Å"Maybe you ought to give it a month.† Emmett growled, flashing his teeth. â€Å"Tomorrow.† â€Å"Hey, whatever makes you happy, big brother.† As he turned to stalk away, Emmett punched the granite, shattering off an avalanche of shards and powder. It was kind of neat, in a childish way. Fascinated by the undeniable proof that I was stronger than the strongest vampire I'd ever known, I placed my hand, fingers spread wide, against the rock. Then I dug my fingers slowly into the stone, crushing rather than digging; the consistency reminded me of hard cheese. I ended up with a handful of gravel. â€Å"Cool,† I mumbled. With a grin stretching my face, I whirled in a sudden circle and karate-chopped the rock with the side of my hand. The stone shrieked and groaned and – with a big poof of dust – split in two. I started giggling. I didn't pay much attention to the chuckles behind me while I punched and kicked the rest of the boulder into fragments. I was having too much fun, snickering away the whole time. It wasn't until I heard a new little giggle, a high-pitched peal of bells, that I turned away from my silly game. â€Å"Did she just laugh?† Everyone was staring at Renesmee with the same dumbstruck expression that must have been on my face. â€Å"Yes,† Edward said. â€Å"Who wasnt laughing?† Jake muttered, rolling his eyes. â€Å"Tell me you didn't let go a bit on your first run, dog,† Edward teased, no antagonism in his voice at all. â€Å"That's different,† Jacob said, and I watched in surprise as he mock-punched Edward's shoulder. â€Å"Bella's supposed to be a grown-up. Married and a mom and all that. Shouldn't there be more dignity?† Renesmee frowned, and touched Edward's face. â€Å"What does she want?† I asked. â€Å"Less dignity,† Edward said with a grin. â€Å"She was having almost as much fun watching you enjoy yourself as I was.† â€Å"Am I funny?† I asked Renesmee, darting back and reaching for her at the same time that she reached for me. I took her out of Edward's arms and offered her the shard of rock in my hand. â€Å"You want to try?† She smiled her glittering smile and took the stone in both hands. She squeezed, a little dent forming between her eyebrows as she concentrated. There was a tiny grinding sound, and a bit of dust. She frowned, and held the chunk up to me. Til get it,† I said, pinching the stone into sand. She clapped and laughed; the delicious sound of it made us all join in. The sun suddenly burst through the clouds, shooting long beams of ruby and gold across the ten of us, and I was immediately lost in the beauty of my skin in the light of the sunset. Dazed by it. Renesmee stroked the smooth diamond-bright facets, then laid her arm next to mine. Her skin had just a faint luminosity, subtle and mysterious. Nothing that would keep her inside on a sunny day like my glowing sparkle. She touched my face, thinking of the difference and feeling disgruntled. â€Å"You're the prettiest,† I assured her. Tm not sure I can agree to that,† Edward said, and when I turned to answer him, the sunlight on his face stunned me into silence. Jacob had his hand in front of his face, pretending to shield his eyes from the glare. â€Å"Freaky Bella,† he commented. â€Å"What an amazing creature she is,† Edward murmured, almost in agreement, as if Jacob's comment was meant as a compliment. He was both dazzling and dazzled. It was a strange feeling – not surprising, I supposed, since everything felt strange now – this being a natural at something. As a human, I'd never been best at anything. I was okay at dealing with Renee, but probably lots of people could have done better; Phil seemed to be holding his own. I was a good student, but never the top of the class. Obviously, I could be counted out of anything athletic. Not artistic or musical, no particular talents to brag of. Nobody ever gave away a trophy for reading books. After eighteen years of mediocrity, I was pretty used to being average. I realized now that I'd long ago given up any aspirations of shining at anything. I just did the best with what I had, never quite fitting into my world. So this was really different. I was amazing now – to them and to myself. It was like I had been born to be a vampire. The idea made me want to laugh, but it also made me want to sing. I had found my true place in the world, the place I fit, the place I shined.

Wednesday, October 23, 2019

Nike Inc

Kim Ford, the portfolio manager, outstanding performance of the fund. In order to evaluate Nikkei as a viable choice, Kim has to calculate the cost of capital for the company and make sure assumptions are a direct function from the estimates. The cost of capital calculation or WAC helps to see if an investment is worthwhile to undertake. However, the assumptions made to calculate WAC, in this case, are the underlying problem because some of the assumptions made are incorrect. Analysis Nikkei held a meeting to discuss company performance at 2011 end of fiscal year.In the meeting, management discussed their strategy to improve revenues and net income by developing more athletic shoe products in the misplaced segment of selling shoes at $70-$90 a pair. The company also planned to increase sales for its apparel line, which it had performed really well lately. Management was also concern in the drop of market share from 48%, in 1997, to 42% in 2000. Nikkei was also committed to make an ef fort in controlling company expenses more diligently. Yet, Nine's investment value was not clear to Kim Ford. Analysts' reports had mixed recommendations about the value of the company.Some analysts were recommending buying the stock and some others were recommending holding the stock. Different recommendations were based on the company's declining performance and the proposed strategies to improve the same. Weakening revenues and net income since 1997 are displayed in their firm's consolidated statement showing an improvement in the later years as well. Therefore, Ford had to run her own calculations. Kim Ford performed a discounted cash flow forecast that resulted in a 12% discount rate with an overvalued estimate for Nikkei at the current share price.Ford also performed a quick sensitivity analysis that showed Nikkei was undervalued. Ford figured the best way to make a choice about Nikkei is by calculating the cost of capital cause Nikkei is financed through equity and debt. Ford asked her assistant, Johanna Cohen, to estimate Nine's cost of capital. WAC is the cost of capital for a firm as a whole and can be interpreted as the required return on the overall firm (Ross, Westfield & Jordan, 2010). Some of the assumptions made by Johanna Cohen in calculating the cost of capital are incorrect.As stated before, the correct assumptions are necessary in order to make the right choice. Johanna used the book values for equity and debt. While book values are acceptable values for debt at times, book values for equity are not. Book values may be important from an accounting point of view but market values are forward looking. Therefore, Johanna should have calculated the equity market value. The debt market value calculated by Johanna is also slightly incorrect. Johanna did not include Redeemable Preferred Stock in her calculation.Consequently, Cone's To figure out the cost of equity Johanna used CAMP, a widely used method. CAMP tells what to expect in regards to fut ure returns on a share of stock. Johanna did right by using this method; however, her calculations include an average for six years on Betas and it should be an average for five years, since the 6th year is not finished. In addition, the 5. 74% rate on 20- year treasury bonds is sufficient to use as the risk-free rate. The geometric mean for current equity risk premiums is more representative to use.Under the cost of debt calculation, Johanna missed a simpler way to calculate the cost of debt. â€Å"The cost of debt is simply the interest rate the firm must pay on new borrowing. For example, if the firm already has bonds outstanding, then the yield to maturity on those bonds is the market required rate on the firm's debt† (Ross et al, 2010). Johanna could have simply calculated the YET on Nine's bonds. Since some of Cone's assumptions are incorrect, the cost of capital calculation does not reflect an accurate result. Nike Inc Kim Ford, the portfolio manager, outstanding performance of the fund. In order to evaluate Nikkei as a viable choice, Kim has to calculate the cost of capital for the company and make sure assumptions are a direct function from the estimates. The cost of capital calculation or WAC helps to see if an investment is worthwhile to undertake. However, the assumptions made to calculate WAC, in this case, are the underlying problem because some of the assumptions made are incorrect. Analysis Nikkei held a meeting to discuss company performance at 2011 end of fiscal year.In the meeting, management discussed their strategy to improve revenues and net income by developing more athletic shoe products in the misplaced segment of selling shoes at $70-$90 a pair. The company also planned to increase sales for its apparel line, which it had performed really well lately. Management was also concern in the drop of market share from 48%, in 1997, to 42% in 2000. Nikkei was also committed to make an ef fort in controlling company expenses more diligently. Yet, Nine's investment value was not clear to Kim Ford. Analysts' reports had mixed recommendations about the value of the company.Some analysts were recommending buying the stock and some others were recommending holding the stock. Different recommendations were based on the company's declining performance and the proposed strategies to improve the same. Weakening revenues and net income since 1997 are displayed in their firm's consolidated statement showing an improvement in the later years as well. Therefore, Ford had to run her own calculations. Kim Ford performed a discounted cash flow forecast that resulted in a 12% discount rate with an overvalued estimate for Nikkei at the current share price.Ford also performed a quick sensitivity analysis that showed Nikkei was undervalued. Ford figured the best way to make a choice about Nikkei is by calculating the cost of capital cause Nikkei is financed through equity and debt. Ford asked her assistant, Johanna Cohen, to estimate Nine's cost of capital. WAC is the cost of capital for a firm as a whole and can be interpreted as the required return on the overall firm (Ross, Westfield & Jordan, 2010). Some of the assumptions made by Johanna Cohen in calculating the cost of capital are incorrect.As stated before, the correct assumptions are necessary in order to make the right choice. Johanna used the book values for equity and debt. While book values are acceptable values for debt at times, book values for equity are not. Book values may be important from an accounting point of view but market values are forward looking. Therefore, Johanna should have calculated the equity market value. The debt market value calculated by Johanna is also slightly incorrect. Johanna did not include Redeemable Preferred Stock in her calculation.Consequently, Cone's To figure out the cost of equity Johanna used CAMP, a widely used method. CAMP tells what to expect in regards to fut ure returns on a share of stock. Johanna did right by using this method; however, her calculations include an average for six years on Betas and it should be an average for five years, since the 6th year is not finished. In addition, the 5. 74% rate on 20- year treasury bonds is sufficient to use as the risk-free rate. The geometric mean for current equity risk premiums is more representative to use.Under the cost of debt calculation, Johanna missed a simpler way to calculate the cost of debt. â€Å"The cost of debt is simply the interest rate the firm must pay on new borrowing. For example, if the firm already has bonds outstanding, then the yield to maturity on those bonds is the market required rate on the firm's debt† (Ross et al, 2010). Johanna could have simply calculated the YET on Nine's bonds. Since some of Cone's assumptions are incorrect, the cost of capital calculation does not reflect an accurate result.