Online Communities - Chat Rooms and Discussion Boards Essay

Online Communities - Chat Rooms and Discussion Boards To those who have never experienced an online community they may seem pointless, a waste of time or simply childish. However, for those that have expanded beyond the traditional means of communication such as, talking on the telephone or conversing face-to-face, online communities offer a new and exciting means of communication. They offer a chance to meet others, gain advice, voice an opinion, defend an argument, or to simply relax and have a little fun. Acknowledging both points of view, I decided to explore the world of online communities for myself. For my online community I decided to enter a Yahoo, country music, chat room. Through Yahoo, there were many different chat†¦show more content†¦Curse words were thrown around left and right, and it seemed as if everyone was in a big fight over nothing. I also tried posting a comment that said, â€Å"Can’t we all just get along,† and I received two responses; one person told me to â€Å"Shut Up† (lonelycowgirlnee5, yahoo) the other said, â€Å"You seem like a nice girl can I AIM you?†(cowboysainteasy,yahoo) However, the more I observered the room the more I learned, and my first impressions were altered slightly. I found most of the people in the room were in their mid twenties or younger and it appeared everyone knew everyone else. When chatter entered the room, they were greeted by all of their online friends. Chatters seemed to know things and events that were occurring in each others lives and talked as if they were good friends. A lot of bad mouthing and fighting still took place, and one person or another was always making a rude comment that would get everyone into a big argument. The room was constantly full of drama. The guys were always making perverted comments to the girls, and the girls either cursed them or thanked them. While I was in the room I received five AIM messages from guys asking for my name, age, and location to which I did not respond. This kind of talk and actions made me feel like I was back in a high school locker room. I found it annoying and hard to follow, but entertaining. The whole time that I was reading the comments I think the topic of countryShow MoreRelated Online Community Essay1489 Words   |  6 PagesOnline Community After searching through various online communities, I finally found one that looked very interesting and informative to me, fitness.com. I chose an online community in which I would not only gain helpful information and advice, but I could also communicate with people who are interested in the same topic as I am. I knew right away that it was a community rather than just a typical webpage that someone had made. A community has places where people can post messages onRead More Internet Addicts in Danger Essay1102 Words   |  5 PagesInternet Addicts in Danger Internet chat rooms have become a devastating disadvantage to the social interaction and growth of people in the world. More and more of the world’s youth are becoming addicted to Internet chat rooms. Not only are Internet chat room relationships leading to impersonal contact of people hiding flaws behind anonymity, they are leading to the abduction of many underage individuals. In an article published in The Age, a magazine in Melbourne, Australia, Doctor MubarakRead MoreThe Pros and Cons of Three Types of Online Communities- Chat Rooms, Social Network Sites, and Online Classrooms1455 Words   |  6 PagesAn online community is a network of people who come together and communicate online, usually because of a common interest or goal. There are many different types of online communities. Some examples of online communities are: email distribution lists, message boards and newsgroups, instant message (IM) services, chat rooms, blogging sites, social networking sites such as MySpace and Facebook, and online classrooms/school groups. I intend to discuss three of these types of online communities –Read More My Online Community Essay1309 Words   |  6 PagesMy Online Community I aimlessly wondered the Internet trying to find a community suitable for me. I wasn’t sure what I was looking for. I have many interests, but I really don’t have a strong passion for something. So I decided to join a community in which I could express myself as a teen and talk about general issues. I joined the mtv.com community. There I expressed my thoughts on everything, ranging from music to daily events that shape our world. There I had a chance to share myRead MoreCensorship Essay876 Words   |  4 Pagesexpression is one of the basic roots that are country is based on, although this right is constantly challenged and contested. The Communications Decency Act was passed by congress on February 1st 1996. This act sent shockwaves throughout the Internet community. The Communications Decency Act of 1996 was an outright attempt to censor another form of media believed to initiate the transmission of, any comment, request, suggestion, proposal, image, or other communication which is obscene, lewd, lasciviousRead MoreTwenty First Century Learner1594 Words   |  7 Pagesable to learn whatever with free online sources. Todays learners download their own songs and apps from Itunes and create their own videos and upload it to share with others. The evident changes in twenty first century students are they are collaborative, information driven and self –directed. Web 2.0 resources enable collaboration to blossom for the twenty first learners. There are various web 2.0 tools that are used for collaboration. Write boards. Google docs and wikis are justRead MoreEssay on In what sense are virtual communities real?1351 Words   |  6 Pageswhat sense(s) are virtual communities real communities? A virtual community is a network of people who interact through various forms of media, and allow users to obtain support, advice, friendship and sometimes merely just interaction with others. In a world where the internet is becoming ever more important, and social networking sites such as Facebook and Twitter are now a part of many peoples every day lives, there is a strong sense that online, virtual communities are becoming ever more importantRead MoreHow Technology Has Changed Teaching And Learning1525 Words   |  7 Pagesanytime-anywhere-collaborative learning, multimedia approaches, and online libraries which increases educational productivity.So, the nature of learning must be collaborated with digital technologies.WWW is transforming teaching and learning. It is important to discover and understand the extent to which these technologies could transform learning as per the expectation of the learners. E-learning is an educational perspective with collaborative potential to create enthusiastic community of learners. It is essential for the 21stRead More The Nature of Online Communities Essay1449 Words   |  6 PagesNature of Online Communities What brings people together on the internet? Is it the desire to find a friend and a community or is it the other extreme of finding someone to argue with and release all the anger that has built up inside? Do people not like who they are in real life and find the internet as a place to have a new identity, the person that they have always wanted to be? Or, is it what Rheingold states in his article â€Å"The Virtual Community,† â€Å"virtual communities treat themRead MoreINTRODUCTION OF SUPPORT GROUP ONLINE SUPPORT GROUP Essay914 Words   |  4 Pagesindividuals in effectively coping with their problems. Support groups occur in a variety of different formats or settings, including in-person group discussions, telephone conversations, and online groups. Groups are often formed by non-profit organizations, advocacy groups, mental health clinics, hospitals, medical websites, and by a â€Å"lay† sufferer. Online support groups can help someone gain a sense of control or empowerment and reduce their levels of stress, depression, or anxiety by promoting open

Ethics Essay - 1071 Words

Name: Dinesh Jagwani Batch: BAFD2 1321A Module: Ethics in Business Studies Course: B.S.C. (Hons) in Accounting and Finance Lecturer: Mr. Daniel Chew UOB No: 12035285 Topic: Producing toys- Child’s Play? Producing Toy’s – Child’s Play? Deontological ethics are concerned with what people do and not with the consequences of their actions. It teaches some actions might be correct or wrong because of their nature, and it is the duty of the people to act accordingly, regardless of the consequences that might occur, for the good or bad. It basically means one has to adhere to the universal rules and guidelines irrespective of the consequences and act in accordance to them. Getting to the means is not important by the way or choice of†¦show more content†¦Maxim 1: The first maxim states that â€Å"Act only according to that maxim whereby you can at the same time will that it should become a universal law without contradiction†. The decision contradicts the universal law as the product manager does not want to see his nieces in the same situation as the kids making the toys. He wonders about his nieces and whether he would like to see them grow up as the kids making the toys. He wants his nieces to have a good life with education, shelter and all basic necessities. According to maxim 1, even the children making the toys should have the same privileges. As a result this decision by the product manager fails maxim 1 and although it makes financial sense, ethically it will not be right and according to the universal law the decision does not support deontology theory as the product manager is not at ease with himself in the same situation. As a result according to maxim 1 it will be a non-ethical decision. Maxim 2: The second maxim states that â€Å"Act in such a way that you treat humanity, whether in your own person or in the person of any other, never merely as a means to an end but always at the same time as an end†. This means one should treat another person as one would like to be in the treated himself. The product manager would definitely not want to be in the same situation as the family making the toys, where young childrenShow MoreRelatedEthics And Ethics : Ethics922 Words   |  4 Pagesand friend group to be altered. One change I was not anticipating making was my approach to ethics. Over the course of the past fifteen weeks, my knowledge of ethics as well as my approach to ethics has changed. I have become more knowledgeable about the different approaches to ethics and have gained insight as to where I stand in my approach to ethics. One thing that has changed in my approach to ethics since the beginning of the semester is I am now adamant that it is impossible to arrive at aRead MoreEthics : Ethics And Ethics Essay1578 Words   |  7 Pages†¢ Define ethics. Ethics is defined as the moral principles and standards that guide the behavior of an individual or group, while business ethics refers to said behavior in the work environment. Great leaders demonstrate and practice this both personally and professionally. With today’s constant media coverage of unethical decisions and their violators, it can be easy for many to people to assume that ethics codes are â€Å"just for show†. A prime example of the unethical culture that exists in businessRead MoreEthics : Ethics And Ethics851 Words   |  4 PagesJohn Berger who stated, â€Å"Without ethics, man has no future. This is to say, mankind without them cannot be itself. Ethics determine choices and actions and suggest difficult priorities† (Berger). His meaning behind that quote is simple. In this world is there a right and a wrong way of doing something? In this world, ethics determines our actions and the consequences that come about those actions, determining right and wrong. The real question is however, are Ethics black and white? Is what is â€Å"right†Read MoreEthics : Ethics And Ethics955 Words   |  4 PagesIntroduction: Ethics is a key moral philosophy that helps us determine what is right and wrong. This paper will talk about my views on ethics. I will share personal examples of ethical situations that I have been in. I will also share where my ethical views originated from and why ethics is important to me. Next, I will discuss how ethics will affect my career and why it will be important in it. Lastly, I will talk about the importance of ethics in the global world. Personal: In my opinion ethics is a moralRead MoreEthics And The Ethics Of Ethics929 Words   |  4 Pages Ethics Nurse’s Before all parties involved can begin a working relationship, each individual should discuss and obtain a written description of the duties expected and the code of ethics that should be respected and followed; by beginning with a clear understanding of ethical values. Ethics: the study of right and wrong and how to tell the difference between them. Since ethics also means people s beliefs about right and wrong behavior, ethics can be defined as the study of ethics. EthicsRead MoreEthics : Ethics And Ethics1569 Words   |  7 Pages Ethics In Nursing Rayda M. Garcia Fairleigh Dickinson Universityâ€Æ' Ethics In Nursing The study of ethics, or applied ethics, is necessary for healthcare professionals who often face dilemmas that are not experienced by the general population. The fast-paced growth of medical technology has made the study of ethics even more relevant. The study of bioethics, or biomedical ethics, refers to moral dilemmas due to advances in medicine and medical research. Since medical law and ethics are oftenRead MoreEthics And Ethics Of Ethics775 Words   |  4 Pagesmillion to settle a shareholder lawsuit. We can refer from the two previous examples that ethics education is crucial. The main reason for ethics education is that ethics courses and training would help students, who are going to become future managers and business decision makers, to resolve such ethical dilemmas correctly. As we know that most dilemmas often have multiple decision criteria. Business ethics classes would help students to realize which decision criteria lead to a preference for aRead MoreEthics And Ethics Of Ethics Essay1491 Words   |  6 Pagesemployees that the work place ethics code forbids using work-place resources for personal financial profit. To make ethically right decision in this ethical dilemma, I will focus on the philosophers’ standpoint and reasoning of ethics of care, ethics of justice, utilitarian ethics and universal principle to analyze the situation. In this tough situation, my conclusion is that I will not report this action to the higher authority although she is violating wor k place ethics code. I will provide my reasoningRead MoreEthics : Ethics And Ethics1485 Words   |  6 Pages Ethics is a concept derived from an individual’s religion, philosophies or culture, forming a collection of moral principles carrying out the manner in which a person leads their life. In modern society philosophers divide ethical theories into three separate areas, meta-ethics, normative ethics and applied ethics. Meta-ethics refer to the origins and meanings of ethical principles, dealing with the nature of moral judgement. Normative ethics refers to what is right and wrong and concerned withRead MoreEthics And Ethics Of Ethics987 Words   |  4 PagesEthics affect every facet of life, especially in a professional community. When a decision is to be made within a community, the ethical decision is typically that which benefits the most people or harms the least people. There are some scenarios however, when the correct decision based on a system of ethics that values doing the right thing is not the decision that leaves behind the least negative impact on the organization. An organization must decide if it will follow the system of ethics that

Ict Gadgets Aid The Student s Education Essay - 3922 Words

I ICT gadgets aid the student’s education. Through the facility of accessible sources online, students are provided with wider reference for more reliable learning. It is with convenience that students get the most revised online journals existing for reference. It provides significant resources that will academically aid the students. Through easy access to virtual websites, it presents the students updates and reliable online journals. It also aids the students through the advanced technology installed in these tools. For example, According to Travis (2011), gadgets that are brought to school help the students achieve more accurate observations during experiment through photographs and lecture data. â€Å"Intelligent use† of ICT gadgets could contribute to the educational performances of college student (Grier et al., 2012). The three researchers mentioned piloted an analysis of the SAT scores before and after the rampant use of technological devices. Studies sho w that most number of the universities effectively using ICT gadgets provides a more operative education to the pupils (Higgins et al., 2012). ICT gadgets provide more reliable and updated sources. Studies show that although using resources coming from printed books and other physical materials housed in libraries will give students more merit, it is more practical and evident these days to rely on ICT gadgets to satisfy student’s needs and learning (D’Elia, n.d.). Researchers and authors that have beenShow MoreRelatedInformation and Communication Technologies in Learning Essay1033 Words   |  5 Pagesno different for school children, who have unprecedented access to information and communication technologies (ICTs) in the classroom to aid their learning. The integration of ICTs in the classroom does not stop with children- there is no argument that as a citizen of the digital age and a university student the use of computers and the internet have revolutionised my l ife and education. Being networked virtually every minute of the day means that I not only have more information and entertainmentRead MoreSales Zero Target Imports Is A Striking Demonstration Of Purpose Essay1374 Words   |  6 Pages 7. ELECTRONICS MANUFACTURING: Net zero target Imports is a striking demonstration of purpose. This pillar makes a speciality of selling electronics production in the country vvith the goal of internet zero Imports with the aid of 2020 as a placing demonstration of rationale. This formidable intention requires coordinated action on many fronts, which include: †¢ Taxation, incentives †¢ Economies of scale, doing away with cost dangers †¢ attention regions – big price tag objects †¢ FABS, Fab-lessRead MoreResearch And Analysis Of Secondary School Students3085 Words   |  13 PagesFINDINS AND ANALYSIS 4.1 INTRODUCTION This chapter shows the results from both quantitative and qualitative research methods. This research is implemented by completing questionnaires by secondary school teachers and students. The questionnaires were completed by 200 teachers and 144 students. Also, four secondary school teachers (from private and public secondary schools) participated in the qualitative research method (semi-structured interview). The interviews were via telephone. The purpose of thisRead MoreTechnology Has Changed Our Society Essay1425 Words   |  6 PagesRATIONALE The predominance of technology has significantly influenced our society. Technology is being used all over the place, anywhere and is instant. When we say technology, it can mean a lot of things. But according to the New Zealand Ministry of Education, â€Å"technology is the use of practical and intellectual resources to develop products and systems (technological outcomes) that expand human possibilities by addressing needs and realising opportunities.† Technology is currently more complex and hasRead MoreTechnology Is Vital For The Modern World Learning1930 Words   |  8 Pagesare also emerging issues that are developing each new day as students, and their lecturers try to make the learning environment to be more engaging and produce better results. In Arts and Design, there have been a lot of integrations of modern technology. It is no longer a field where students were limited to manual methods while executing various projects. However, there are some questions and emerg ing issues that are pertinent to students practices that remain unearthed or barely understood. A criticalRead MoreEffect of Ict on the Academic Performance of Students8894 Words   |  36 PagesCHAPTER ONE Introduction 1.1 Background of the Study Information and communication technology (ICT) is an instructional technology to enhance teaching and learning in pre schools, it is the application of organized or scientific knowledge to practical tasks of teaching and learning in pre-schools. According to Akinola and Aremu, (2000) instructional technologies incorporate the tools and making present support to reinforce teaching and learning on pre schools pupils. TechnologyRead MoreThe Impact of Information and Communication Technology (Ict) in Nigerian University Libraries6531 Words   |  27 PagesThe Impact of Information and Communication Technology (ICT) in Nigerian University Libraries Dorcas Ejemeh Krubu Kingsley Efe Osawaru Department of Library and Information Science Ambrose Alli University Ekpoma - Edo State, Nigeria Introduction With the invention of Information and Communication Technology, libraries now use various types of technologies to aid the services they render. Everyday new technological advances affect the way information is handled in libraries and information centersRead Moreptlls assignment Essay7948 Words   |  32 Pagesï » ¿ Level – 4 (Prepare to teach in the lifelong learning sector) - PTLLS The following are headings for broad areas students will have to research to show evidence of competence in PTLLS. GROUP A: Roles and responsibilities and relationships in lifelong learning GROUP B 1: Understanding inclusive learning and teaching in lifelong learning GROUP B 2: Using inclusive learning and teaching approaches in lifelong learning GROUP D: Principle of assessment in lifelong learning Read MoreThe Importance of Considering Philosophical and Psychological Foundations in Developing a Curriculum.9983 Words   |  40 Pagesaudience chosen should be from all walks of life. As proposed by Golan Steven (1982); Interviews were conducted with a state director of business and office education, superintendent, curriculum director, director of vocational education, principal, business education department chairman, business education faculty member, parent, and student. The instrument used was What Do You Believe?, 15 statements of ideas expressed in educational literature pertaining to a line of action for curriculum improvementRead MoreScience and Technology13908 Words   |  56 PagesInternational Essay Contest for Young People is one of the peace education programs organized by the Goi Peace Foundation. The annual contest, which started in the year 2000, is a UNESCO/Goi Peace Foundation joint program since 2007. The United Nations has designated 2001-2010 as the International Decade for a Culture of Peace and Non-Violence for the Children of the World and 2005-2014 as the United Nations Decade of Education for Sustainable Development. Not only should young people benefit

Financial Analysis Project

Question: Write an essay on Financial Analysis of Management? Answer: In order to judge whether a capital investment project is feasible and will give higher returns over its costs, the economists undertake various investment appraisals. Investment appraisals are made up of two factorsstream of expected returns and total cost outlays. Comparing these two factors a cost benefit analysis is done. This calls for long-term forecasting. Certain capital assets having a long life are purchased and put to use in an investment appraisal in a standard capital cost involving project. These assets are used for several months and years to gain value in terms of net return, i.e. difference between payoffs less costs and depreciation. Towards the assets end life, it may be sold at a reduced price in the market (Dilshad, 2013). For example, vehicles and printing machines often possess a high residual value. Often in long trm forecasting, values for net returns turn out to be inaccurate and hence utmost care should be taken in evaluating the right hidden price of the capital cost project. The business strategy should be carefully planned out and any wildly optimistic assumptions should be done away with. All assumptions must be clearly laid out so that the project manager can successfully carry out the cost benefit analysis and give the clear picture of net returns and whether to undertake the capital cost project or not (Ghosal and Sokol, 2013). Concepts and measures Two important appraisal techniques undertaken are Retturn on Capital Employed (ROCE) and Payback. Return on Capital Employed (ROCE) ROCE is alsoexpressed as accounting rate of return. Formula The formula for calculating ROCE is: ROCE= Profits/ Initial costs *100 Payback= Initial cost/ cash inflow per period *100 The decision rule for ROCE is: If the calculated ROCE for investment is greater than the hurdle rate, then the investment should be undertaken. Profitability Index (PI) also called the value investment ratio and profit investment ratio it judges a capital cost project in terms of value of investment. This measure is a ratio of amount of capital invested to profit of the project. Payback Period a measure that calculates total number of years to receive initial investment. Projects with a lower pay back period are usually preferred than projects with higher payback period. Data and results Actual sales 13500.0 Total sales 539932500.0 Price 39995.0 Total est sales 1599800000.0 Estimated sales 40000.0 ROCE act -55.0 Total cost 1200000000.0 ROCE est 33.3 Profitability act 2.2 Payback act 2.2 Profitability est 0.8 Payback est 0.8 In this question, actual car sales are 13500 units compared to estimated 40000 units. As price per car is $39995, total sales are calculated. ROCE act= (Total sales- Total cost)/Total cost=( 539932500- 1200000000)/ 1200000000= - 55.005625 ROCE est= 33.31 Payback est= Total cost/ Payoff= 0.75 Payback actual= 2.22 Analysis So, ROCE actual is negative. This means that the outlay is not profitable and costs outweigh benefits. But ROCE estimated is positive and moderately high. According to payback period actual, it will take 2.22 years to break even . Profitability index act is 2.2 while estimated is 0.8. Some additional points to note There are two other measures of feasibility check called NPV or Net Present Value and IRR or Internal rate of return. These cannot be applied to the model given in this question but a brief glance at the definitions is worth it. Net Present Value (NPV) The streams of future incomes are discounted by a discount rate which is generally a ten year gilt yield, and from this total costs are deducted. Thus, we get the NPV. Internal rate of return (IRR) The discount rate that equates the net present value of future streams of income with total costs gives the IRR. If Costs NPV, IRR0 and accordingly the project has to dropped/ carried out. Reliability of data The actual sales are 13500 which is less than estimated 40000. This means total sales value actual, is less than total cost outlay of $1.2 billion. This arouses some concern that the ROCE being negative is whether therefore right or wrong. But as per the data, the calculations are done and the estimated ROCE is positive. Here we are assuming that on top of actual, estimated figures are also calculated. Hewlett-Packard (HP) autonomy is a multinational enterprise software company which was founded in Cambridge, UK in 1996. Actually, the company was specialized in the analysis of the large scale of unstructured big data. It became the largest and the most successful software company in 2010. It used to take into account the several research results conducted by the University of Cambridge. It used to develop several enterprise searches and various knowledge management applications in conjunction with adaptive pattern of recognised techniques which were concerned on the Bayesian inference and several traditional techniques. It used to maintain an aggressive approach of entrepreneurial marketing (Jeffrey, 2013). This company was featured as rod of iron, as it tolerates a zero percent and used to fire 5% of its sales workers each quarter. It also keeps the best efficient staffs like rock stars. Autonomy was gained by HP in October, 2011. The deal value of Autonomy was $11.7 billion and the premium was 79% over the market price. This decision was largely criticised by so many critiques. Critiques called it as a chaos decision and absurdly high attempt. But within a year HP was able to gain $8.8 billion of its Autonomys value. HP showed the following reasons behind this were misrepresentations, disclosure failures and accounting improprieties. HP recruited Robert Young johns, the ex-Microsoft president in North America for taking over the HP Autonomy in September, 2012. He had worked for the turnaround by the expansion of the information management. Now for several quarters, the financial situation of HP is not bright enough. The main reason behind this is mainly the sharp decline in the sales of computer worldwide. The HP CEO wanted to break the past practices. The failure of the acquisition of the Autonomy for $11.2 billion was actually overpaid. Benefits of acquisition A merge is when a company assumes or takes all the assets and liabilities of another company. The firm which acquires is able to retain with its identity, but the firm which has been acquired, ceases to exist. Merger is nothing but one type of acquisition. Any type of acquisition is held with the hope of gaining profits. Actually the two firms which were involved in the merger hope to gain more than they could gain apart. Some of the potential benefits of acquisition are getting tax advantage, combining the resources, eliminating the in efficiencies etc (KIM and PARK, 2012). A merger and acquisition also helps in increasing the economies of scale. This also includes increase in the market powers by purchasing competitors, providing new opportunities for developing the career of the managers, developing in a new geographic region, reducing the weaknesses in the key areas of business etc. However, it also includes so many difficulties also, such as, evaluation of the total transactions , accounting the costs and benefits associated with, handling various legal issues etc. Reasons behind the failure of acquisition Many researches which were conducted over the decades have shown that the rate of failure is around 50%. Several surveys conducted in recent years have shown that the percentage of companies failed in the acquisition is around 83%. Research results have also shown that companies intending in acquisition have grown over 20 years. The basic reasons for the failure of acquisition are it is very easy to merge but it is really very difficult to perform in merger and accusation. In general, lack of proper planning, differences in organisational culture, limited synergies, and difficulties in implementing proper strategies causes the failure of acquisition (Milliou and Pavlou, 2013). Lack of knowledge of the managers is a common factor for failure of acquisition. HP and Compaq Computer Corporation came to a definitive merger agreement on 3rd September, 2001 to create $87 billion and become a leader in the global technology (Rosenbaum and Pearl, 2013). Management of Working Capital Managing working capital ensures smooth flow of business operation without falling into financial problem such as either making short-term obligation payments, purchasing raw materials or payment of overhead, salary and wages. Moreover, adequate working capital support organizations in maintaining business solvency by ensuring uninterrupted production flow. On the other hand, right management of working capital enables organizations to face crisis such as depression (Baig and Akhter, 2013). Therefore, the organizations could be able to effectively manage their business and smoothly perform their operation. As a result, the firms would be able to generate enough capital and flow of capital in the business would be effective (Baylis, Gong and Wang, 2013). The working capital management can be better explained with the following example; Working Capital: Current Assets Current Liabilities Balance Sheet of ABC Company Cash 70000 Accured Expenses 24000 Account Receivable 43000 Accounts Payable 35000 Marketable Securities 15000 Current Portion Long Term Debt 12000 Inventory 60000 Notes Payable 8000 Total Current Assets 188000 Total Current Liabilities 79000 Working Capital 109000 Table 1: Positive Working Capital Balance Sheet of PQR Company Stock 20000 Trade Creditors 35000 Cash 30000 Dividends 5000 Prepayments 5000 Taxation 10000 Trade Debtors 2000 Short Term Loans 15000 Total Current Assets 57000 Total Current Liabilities 65000 Working Capital (8000) Table 2: Negative Working Capital It can be seen from the above two figures of working capital calculations that one has positive working capital and other has negative working capital. The ABC Company has been successful in managing their current assets over their current liabilities which ensures that their operating cycle is in better place. It means that the company is able to clear their dues on time and has well-managed inventory. Therefore, the company is better position to generate cash and management of flow of cash (Brigham and Houston, 2013). On the other hand, the other firm, PQR Company has not been able to gain positive working capital. The reason would be the companys inability to clear their bills on due time, overstocking and overtrading. As a result of that the value of current liabilities are higher in comparison to value of current assets (Heesen and Moser, 2013). It can also be mentioned that PQR Company is not able to make balance between cash inflow and cash outflow. Due to that the company is facing working capital issue. If the company continues with negative working capital then it can lead to shut down of the business or company can become insolvent (Brooks, 2013). On the other hand, it can be seen that Textile Small-Medium Enterprise of India is facing huge trouble due to mismanagement of working capital. Due to that the company has fallen under debt trap. The reason behind such fall was lack of qualified and experienced working capital. The accounting personnel were not able to handle the finance of the company (Jain, Singh and Yadav, 2013). Therefore, the production and operational cycle was not managed effectively and capital was excessively used. Apart from that, it has also been observed that due to mismanaged working capital, statutory payments such as income tax, Provident Fund and TDS has slowly fallen into arrears that indicated problem in cash flow. Furthermore, Vora (2013) discussed that mismanaged working capital can have potential impact in the shareholder wealth. Due to mismanagement, the firm is not able to ensure enough capital for their operation which leads to further loss. The earning of the shareholder would decrease and would be able to receive return on due time. Moreover, the shareholder would develop negative attitude towards the company and would not be willing to deal with the company (Zeballos Avila and Seifert, 2013). On the other hand, the company would not be in a position to declare dividend or right amount of return to the shareholders. As a result of that, the shareholder would face loss and would not be further interested to invest in the company. This would severely impact on the earning of the company and the company would become insolvent. As a result of that, the company would have to put down all their operation (Michalski, 2014). It can be discussed that working capital has to be managed and given priority by the organizations. Managing working capital would ensures better flow of work and the firm would be able to generate more benefit from their current assets which will help in meeting current liabilities (Baos-Caballero et al. 2014). References Baig, V. and Akhter, J. (2013).Working capital management practices. New Delhi: Anmol Publications. Baos-Caballero, S., Garca-Teruel, P. J., and Martnez-Solano, P. (2014). Working capital management, corporate performance, and financial constraints.Journal of Business Research,67(3), 332-338. Baylis, K., Gong, Y. and Wang, S. (2013).Bridging vs. bonding social capital and the management of common pool resources. Cambridge, Mass.: National Bureau of Economic Research. Beladi, H., Chakrabarti, A. and Marjit, S. (2013). Privatization and Strategic Mergers across Borders.Review of International Economics, 21(3), pp.432-446. Blundell-Wignall, A. and Roulet, C. (2013). 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