Vyaderm Case - 2669 Words

[pic] EVA – A CATHARTIC CHANGE?! Prof. Zhaoyang Gu Course 45-701 By: Neha Arya Marc Brands Anil Konjalwar Alok Satyawadi EVA: North American Dermatology Division We will first calculate the 1999 actual EVA retroactively and if our figure matches Vyaderm’s then we will use that method to calculate EVA for 2000 and 2001. 1999 EVA Calculation: |In ‘000s |1999 | |Operating earnings |20,000 | |add R D expense |20,000 | |minus R D amort. |14,972.8 | |add ad expense |45 | |minus ad amort. |41.34 | |add goodwill |2500 | |NOPBT†¦show more content†¦The systems might actually work if they are set-up sensibly. For a manager who has been consistently meeting/exceeding her targets, the targets could be revised appropriately to keep her challenged. As shown in Exhibit 4, the cap does not need to be a flat line starting from point X, as seen in Figure 1. It could be set to have a gradient (Figure 2) after achieving a certain target. 2. Thresholds encourage short-term decision making Agree o Just like a cap is a limit on the bonus axis, threshold is like a floor (opposite of cap) on the performance axis. Any situation where there is a good chance of not meeting the threshold levels, managers will have a very short-term vision. The natural tendency will be to make decisions that get them above the thresholds for that period and worry about future later. Again, referring to Exhibit 4, Figure 1, a manager at a performance level Z2, trying to meet a threshold (Y) will try to do anything to be at (Y). o For managers who are way below the threshold may just ‘give-up’ and perform even worse. This refers to performance level Z1 in Exhibit 4, Figure 1. If the managers knew before hand that there was no possible way to meet their targets (due to controllable or un-controllable factors like changing market conditions), they would have absolutely no incentive to maximize their performance. 3. Negotiated targets promote sandbagging Agree oShow MoreRelatedVyaderm Pharmaceuticals Case Analysis Essay874 Words   |  4 PagesVyaderm Pharmaceuticals Case Analysis | | | As consultant to Sanders and Myers, I would suggest they rethink the continuation of economic value added (â€Å"EVA†) bonus payout process. The proposed EVA bonus payout structure is supposed to be an objective way to gauge and reward employee performance; however, through no fault of their own, the Dermatology group is slated to undergo severe ebbs and flows in their incentive and could potentially wreak havoc on employee morale and retention. ForRead MoreBridgeton Paper1671 Words   |  7 PagesTOPICS IN MANAGEMENT ACCOUNTING AMIS 4310 CASE QUESTIONS Seligram, Inc.: Electronic Testing Operations 1. What caused the existing system at ETO to fail? 2. Calculate the reported cost of the five components listed in Exhibit 6 using: a. The existing system. b. The system proposed by the accounting manager. c. The system proposed by the consultant. 3. Which system is preferable? Why? 4. Would you recommend any changes to the system you prefer? Why? 5. Would youRead MoreAccounting Case Essay1930 Words   |  8 PagesHow would the switch affect Dakota’s profitability? Caribbean Internet Cafà © 1. What managerial issues should David Grant consider before starting the Caribbean Internet Cafà ©? 2. Define the fixed, variable and start-up costs in this case. 3. What is the contribution margin per customer? 4 How many customer visits will CIC need in order for the cafà © to break-even in the first year? 5. How many customer visits will CIC need in order for the cafà © to break-even in year two? Read Morecafes monte bianco case analysis4234 Words   |  17 Pagesexecution, and overall enhancement of a firm’s value. Primarily taught through case studies, this course will utilize and build upon the concepts studied in prior Management Accounting courses, and allow the students an opportunity to see how these concepts fit together. Selected readings from textbooks and business periodicals will be used to blend in appropriate theory for newer subjects that may be the focus of some case studies. The world of business continues to change dramatically. As a result

Citation and European Industrial Relations Free Essays

If I commit plagiarism unintentionally, it’s not my fault and I won’t face sanctions as I didn’t copy someone else’s work on purpose. Answer | Selected Answer: | False| Correct Answer: | False| | Only one of the following statements is accurate – which one is it? Answer | Selected Answer:| I used an article found on the internet for my assignment. I attributed the authors name and year of publication in my essay and added the full bibliographic details, including the date accessed, to my bibliography. We will write a custom essay sample on Citation and European Industrial Relations or any similar topic only for you Order Now | | What citation/referencing style are you required to use in assignments submitted as part of your UCD course? Answer | Selected Answer:| Harvard| | In your bibliography when listing a printed journal article, which of the following do you need to include? (Select all correct answers). Correct Answers:| Title of the article Author’s name Volume/issue number of journal Title of the journal| â€Å"To adapt, appropriate, or alter the wording of (a saying or quotation) or the words of (an author or speaker) to suit one’s own purpose† – Oxford English Dictionary Online (draft revision June 2006), available online [accessed 26th August 2008]. Paraphrasing allows you to allude to another’s work in your own assignments. When paraphrasing another’s work, you are required to acknowledge you are using another’s ideas to illustrate a point, and cite from where the information is sourced. When writing up my project if I change a few words with a section of text I don’t have to cite it, because I have paraphrased it. Answer | Selected Answer: | False| | How do you properly â€Å"cite† the source of facts or information you’ve paraphrased? Check all the boxes to indicate exactly what you need to do to properly cite your sources, using the following webpage for further elp. Correct Answers:| Put an in-text reference i. e. (Author name date: page number) at the end of each sentence that contains new information from the source. Add the bibliographic information for the source (author, title, etc. ) to the reference list at the end of your paper| Quotation marks are used when directly reproducing another person’s words. They are generally used when: * The exact words are relevant to your arguments * Something is expressed in a unique way * Rewriting could cause loss of impact How do you properly â€Å"cite† a short direct quotation of a few words in the main body of an assignment? Check all the boxes that are needed to properly cite the source of the direct quotation. Correct Answers:| Put quotation marks around the passage Put an in-text reference i. e. (Author surname, year of publication, page number) after the final quotation mark Add the bibliographic information for the source (author, title, etc. ) to the reference list at the end of your paper| Q8 How do you properly â€Å"cite† a direct quotation of a few sentences in the main body of an assignment? Check all the boxes that are needed to properly cite the source of the direct quotation. Correct Answers:| Indent from the left-hand side of the page Type in single line spacing Acknowledge the source of the quotation by inserting the author’s surname, year of publication and page number Add the bibliographic information for the source (author, title etc) to the reference list at the end of your paper| An annual report (whether in print or electronic) is defined as a â€Å"report on an incorporated company’s affairs that must be sent to shareholders after the end of the financial year. Such reports contain an audited statement of the company’s affairs as well as reports from the management of the company†. (From ‘The Handbook of International Terms in Economics and Business, electronic resource, accessed 30 Sept 2009)Which of the below statements is true? Answer | Selected Answer:| An annual report contains information in the same way as any other source to which you refer in your work and anything used needs to be acknowledged. | | The Web has become a popular source of information for student papers. To avoid plagiarising these sources, follow the same guidelines as print sources. Which of the following would be true of information you find on the World Wide Web or the Internet? Tick all the boxes that apply. Answer | Selected Answers: | Taking small pieces of information from the Internet and using it as my own work or in my assignments without acknowledging its source is plagiarism. I can quote from information I find on the internet or the web for my assignments as long as I acknowledge where the information came from and correctly reference it in my bibliography. | A website is an electronic medium and has its own conventions for citing, including the requirement to state the date on which you accessed the website. This ensures you are citing the most current version of the information on the site. Have a look at www. ucd. ie/library/students/information_skills/citation/harvard. html#pageonwebsite and answer the following question. If I can’t find the authors/publisher s of a website used in my assignment, I don’t have to cite it. Answer | Selected Answer: | False| You are doing an assignment on the role of the Social Partners in Irish Industrial Relations – which is the most authoritative and reliable website source to use for this assignment? Read the descriptions of each source taken from the organisation’s website before you make your decision? Answer | Selected Answer:| European Industrial Relations Observatory – â€Å" The European Industrial Relations Observatory (EIRO) is a monitoring instrument offering news and analysis on European industrial relations. †¦Ã¢â‚¬ ¦. Its aim is to collect, analyse and disseminate high-quality and up-to-date information on key developments in industrial relations in Europe. It aims primarily to serve the needs of national and European level organisations of the social partners, governmental organisations and EU institutions. EIRO is based on a network of leading research institutes in the EU†¦Ã¢â‚¬ ¦ This Committee, composed of representatives of employers, trade unions, member state governments and the European Commission, ensures the objectivity and quality of the information provided. Source: European Industrial Relations Observatory Online(2008) About EIRO, http://www. eurofound. europa. eu/eiro/about_index. htm Accessed 27 May 2010)| | Q13 In the main body of an assignment, an online resource will be referenced in the same fashion as a textbook or journal article [i. e. (Author, Date of Publication)]. Answer | Selected Answer: | True| | In an assignment, an online resource should be referenced in the bi bliography using the following format:Author (if there is one), Year, Title of Article, Organisation/Association, website address/URL [date you accessed the website]Answer | Selected Answer: | True| | How to cite Citation and European Industrial Relations, Essay examples

“The Oven Bird” by Robert Frost and “Encounter” by Czeslaw Milosz free essay sample

In literature, birds often stand as symbols for countless things, such as freedom or oppression flying free versus being constantly caged love and peace pigeons who will go to great lengths to be with their mate and the dove from Noah’s ark or a warning sign of death â€Å"The Raven† by Edgar Allan Poe or vultures who hover over dying or already dead creatures. In both of these two poems â€Å"The Oven Bird† by Robert Frost and â€Å"Encounter† by Czeslaw Milosz birds serve as symbols – but in drastically different ways. In â€Å"Encounter,† the narrator is reminiscing on a journey once taken, and wondering what happens to us when we die and where we go. Milosz uses a slightly uneasy, reflective tone. The theme of â€Å"Encounter† is that life is a journey and – ultimately – all of us are going to finish the journey and move on. The poem starts off with a flashback, which consists of the first two stanzas. In the first stanza, he paints a picture of the terrain they were traversing and mentions a red bird rising in the darkness right before dawn. This sharp, deep color stands in stark contrast to the frozen tundra they’re navigating. In the second stanza, he talks of a hare darting across the road and one of his friends pointing to it. The second half of the poem is in the present, and he uses an apostrophe to address his love. He tells her that both the hare and the pointer are dead. The climax of the poem occurs in the fourth stanza when he asks his love – almost desperately – where the two deceased are now and where they are going to, but feels it important to inform her that he isn’t sorrowful, but curious. The sentences in the first half of the poem are short and concise. Each line is its own sentence. They’re merely descriptive narrations. In comparison, the second half of the poem has longer, more complex sentences with a breathlessness about them that makes the poet seem like he can’t get his ideas and questions out fast enough. Also, in the first half of the poem, Milosz uses a lot of cacophony, making it harder to read, and therefore slower – like a wagon traveling across ice. In the second half, he uses far more lyrical language, making it faster to read. In the first line, Milosz uses alliteration when describing the â€Å"frozen fields. † He also makes use of alliteration in the second and third line: â€Å"red wing rose† and â€Å"ran across the road. † Because the alliteration is with rougher syllables, it makes for slower reading. The figures of speech Milosz makes use of are quite subtle. In the first line of the poem, Milosz mentions the dawn, and it is a symbol for the beginning of life. â€Å"The red wing† in the second line is metonymy and the wing represents the bird as a whole. The bird itself is a symbol for life – the bird is taking flight, life is moving forward. The hare and the man represent all living things – and just like the hare and the man, the journey of all living things will eventually come to an end. The intention of the poem is to raise the question of what happens after this life. Everyone must eventually die, and Milosz is asking where we go when we’re finished with our lives here. He points out that we can be sorrowful because people have died or that we can wonder where they are now. â€Å"The Oven Bird† by Robert Frost is a poem about a bird singing in the woods and the listener reflecting on how Autumn is eminent and all of the plants are going to die and the birds are going to leave. The theme of the poem is that – just as Autumn is eminent – our eventual demise is also eminent, and we only have a limited amount of time here on earth before said demise occurs. The theme of the work can be summarized using Frost’s own words: Life is â€Å"a diminished thing. † Frost’s tone is factual and thoughtful as he reflects on this cynical bird’s song (which results in cynicism underlying itself in Frost’s tone as well). Frost’s somewhat cheery description of this weighty subject matter is ironic because they stand in stark contrast with each other – adding in the undertones of cynicism only makes it even more ironic. The poem appears to be a sonnet, but upon closer inspection of the rhyme scheme, one finds that it is in fact not a sonnet. The rhyme scheme seems to be haphazard, and though there doesn’t seem to be much of a pattern to it at all, no line goes without a partner. The poem begins much like life begins: easy-going with a simple couplet, giving the impression that the rest of the poem will follow it’s slightly breezy, easy-going manner. The next rhyme is separated by a line, and the one following that is separated by two lines. These rhymes are harder to recognize because they’re so far apart (challenging, like life can be). The rhymes are closer together for the remainder of the poem – ending with a couplet, then an ABAB rhyme. In the poem, the letter ‘s’ is used quite often. This gives the poem a whistling quality – like a bird whistling a tune. This use of ‘s’ ties back in the fact that a bird is singing the song Frost is listening to about eventual doom. Frost uses a simile to compare Mid-summer and spring to one and ten. One is far away from ten, just as Mid-summer is a far as can be from spring. Spring is when flowers are blooming and trees are blossoming and everything is reborn. Mid-summer should be the prime of nature’s life, and debatably the happiest and most beautiful time of their lives; however by comparing Mid-summer and Spring to one and ten, the bird is prophesying that everything is going to die – and soon. They’re very far from being reborn. The bird sings of the comparison of the first falling of blossoms – which happens at the end of spring – to the falling of leaves. He uses synonyms in these comparisons: fall (meaning to descend) and Fall (meaning Autumn). This demands that the line be read a few times over to fully understand the meaning because of the repeated word. The bird realizes that he isn’t like other birds, and he should sing just to sing, but he feels this sense of dread, and ‘sings’ a tragic song of warning and death. He asks only what to do with this diminishing life. The bird in this poem is a symbol for warning and death. Spring is a symbol for the beginning of life. Mid-summer is a symbol for the prime of life. Fall is a symbol for death. The intention of the poem is the point out that no matter how far from death we feel, just like the flowers, we’re closer to it than we think. In the prime of our lives, we are closer to death than we are to birth. Every day it gets nearer. And so, the bird asks in song, what are we supposed to do with our waning lives? They’re ending – do we continue as we always have, working diligently, or do we live like we’re going to die soon (because we are going to die relatively soon). â€Å"The Oven Bird† is Robert Frost’s life in a nutshell. The poem puts on airs of being cheerful and about nature and spring when it really is about dying. Robert Frost put on airs of being a cheerful farmer-like poet, with a picturesque life when – in reality – he was surrounded by death. It really is no wonder that he was so cynical about how close we all are to death because many of those that he loved died quite early. The two poems afore mentioned are similar in that they talk about dying; however â€Å"Encounter† questions what happens after we die and â€Å"The Oven Bird† asks what we are supposed to do while we are alive and waiting to die. Both use birds as symbols, but they are completely opposite in what they symbolize. â€Å"Encounter† uses the bird as the beginning of life, taking flight and just barely starting. â€Å"The Oven Bird† uses the wise bird’s song as a warning sign of the impending end of life. The tone and feeling behind the poem (and death) are also drastically different. â€Å"Encounter† is merely curiously questioning while â€Å"The Oven Bird† is filled to the brim with angst and dread. The two poems are really quite different from each other, yet they approach similar topics. Though the approach is different, both raise important questions about death and the afterlife.