The State Of Nature As A State - 1545 Words

In his Leviathan, Hobbes describes the state of nature as a state of war between all men. Hobbes refers to the state of nature as a state where there is no common power over them (Leviathan 13, 293). By this, Hobbes is explaining the state of nature as a state of existence without a governing entity or laws over men. In this state, men have the right to take anything they need in order to preserve themselves (Leviathan 14, 294). Next, Hobbes explains that all men are equal in ability, and he takes great care to explain that in a single ability, such as strength, men are not equal because there will be stronger men and weaker men (Leviathan 13, 292). However, he explains that such inequalities can be overcome using deception or by acquiring allies (Leviathan 13, 292). The idea of equal ability is key to Hobbes’ argument because it ensures that everyone â€Å"has an equal hope of attaining their ends† (Leviathan 13, 293). One way to view this is each individual is able, o r has the capacity, to fight because everyone is approximately equal in ability. If some individuals were stronger than others and weaker individuals had no method to counter their strength, then the weaker individuals would not want to fight because they would certainly lose. This capacity to fight gives everyone the ability to fight each other, so if have reason to fight, then they are able to fight. However, the capacity to fight is not enough because it will not necessarily drive men to fight each otherShow MoreRelatedThe State Of Nature1513 Words   |  7 PagesIn his book Leviathan, Hobbes introduces readers to his version of the â€Å"state of nature.† He describes it as a condition of perpetual war where there is no unjust, nor just, and no mine nor thine. Conversely, men can have control over their bodies, possessions, and even the bodies of others, but only as long as â€Å"[they] can keep it† (85). There is no industry, art, knowledge of the earth, or gove rnment—there is nothing that is conducive to a functioning society. This poor and brutish life men faceRead MoreEssay on The State of Nature is a State of War1498 Words   |  6 Pagesfor why the State of Nature is a State of War it is important to understand Hobbes’s meanings of the terms State of Nature and State of War. The State of Nature is the condition where mankind is forced in contact with one another in a society where there is no authority to enforce power or laws. In this state, the lack of authority encompasses the lack of political institutions and the connotations associated with them: no national allegiances and no punishment. All men in this state have the rightRead MoreHobbes And The State Of Nature1474 Words   |  6 Pages1. According to Hobbes the state of nature leads to a war of all against all. What Hobbes refers to when he discusses the state of nature is a state in which there are no civil powers. To reach his conclusion about how the world would be in the state of nature, Hobbes first explains what human nature is and then explains the relationship between man and civil government. As Hobbes sees it men are naturally in conflict. Hobbes sees three reasons for this. They are competition, diffidence, and gloryRead MoreThe Concept Of State Of Nature918 Words   |  4 PagesConcept of State of Nature A British philosopher and an egoist, Thomas Hobbes believes that humans are selfish by nature. He believes that we are all potential enemies and that we need authorities such as police, the military and courts of law to protects us from each other. He also believes that laws and morality only exist due to fear of living in a state of chaos and conflict. Hobbes describes life without any incentive to be good as â€Å"nasty, brutish and short† otherwise known as State of Nature. WhenRead MoreHobbes And The State Of Nature1549 Words   |  7 PagesLeviathan (1651) that the state of nature is a state of â€Å"warre, as if of every man, against every man†. Hobbes sets out his moral philosophy with regard to human nature; the way humans behave amongst each other and the state of nature; the natural condition of human interaction as a proceed of nature. Hobbes uses the state of nature as a mechanism for demonstrating the preconditions of a political society. By highlighting the pre-political condition as an unendurable state of permanent conflict, HobbesRead MoreThe State Of Nature And Government1315 Words   |  6 Pages THE STATE OF NATURE AND GOVERNMENT Chloe Holmeshaw BF190 Dr. Charles Wells October 11, 2015 â€Æ' The State of Nature and Government The State of Nature and governing in â€Å"The State of Nature† are two subject that Hobbes and Locke both discuss in their book. The enlightenment period was a time of Learning, new inventions, new theories, and new government. Two prominent figures that became known during the enlightenment were Thomas Hobbes (1588-1674) and John Locke (1632-1704). These enlightenmentRead MoreThe Freedom Of The State Of Nature1754 Words   |  8 Pagesmost freedom in the state of nature. He also believed that man is usually a peaceful creature who wants to get along with another humans and avoid conflict. At the same time, there is always going to be that one bad person that has bad intentions. Subsequently, as a result of a possible betrayal, all man’s thinking is that the betrayal can be anyone since no one knows who he is. Therefore, man will be in the state of war and wouldn’t have the most freedom in the state of nature anymore. RousseauRead MoreA Statement Of The State Of Nature2003 Words   |  9 PagesResearch Paper Proposal 1. A statement of the question and of your overriding thesis, and its significance. Evaluate Hobbes’s argument that the state of nature is a state of war. Hobbs conclusion that the state of nature is a state of war is not definitive, rather, the state of nature is a balance between war and peace due to the dynamic and different nature of individuals. The significance of the question is such that it helps to shed light onto human morality, and as a basis from which to deriveRead MoreThe Nature Of Man s State Of Nature Essay2162 Words   |  9 PagesIntroduction: The nature of man is violent. Initially blood was spilt out of necessity, for survival. The primitive world was kill or be killed, and Homo Sapiens were able to come down from their trees and out of their caves because they found ways to kill efficiently. This bloodlust makes us unique and gave us an advantage over our meeker cousins, as the human race endured while Homo Erectus and the Neanderthals went extinct, fading into the ether of history. However, very quickly man ran out ofRead MorePolitics, Society And The State Of Nature930 Words   |  4 PagesPolitics, society and the state of nature are connected. Though Rousseau and Kant state that civil society and humanity amongst citizens can only be found if they are not related to the state of nature, in their explanation of laws and society in their political recommendations, the visibility of the state of nature is evident. However, their ways of clarifying nature are not the traditional way. They took a more aggressive approac h to defining the purpose of state of nature in relation to politics

Essay on The Shocking Truths of Divorce - 1073 Words

An absence of a parent or a parent’s separation, divorce, when a child is developing, may affect the child’s future relationships. â€Å"Evidence shows that, on average, children who have experienced parental divorce score somewhat lower than children in first-marriage families on measures of social development, emotional well-being, self-concept, academic performance, educational attainment, and physical health† (Demo, Supple) Since there are high rates of divorce in America, I decided to write about it. Providing facts that might persuade the reader to think the way I do. Divorce is like a disease, it starts with a disagreement until the relationship is destroyed. According to Princeton University, today less than half of children grow†¦show more content†¦According to Supple, women have always assumed primary for child care. â€Å"Although it is true that women have always and everywhere assumed primary responsibility for the care of very young children, this responsibility has seldom precluded either their major involvement in subsistence provision or a substantial reliance upon other caretakers† (Lamb). Since the father has to supply the basic needs for the family and has to get a job. He doesn’t establish a relationship directly with the child, causing the child feeling the absence of a parent. Since there is no bond between father and child, when the infant grows up and notices that his peers have both parents attention. Then he starts having trouble in his own personal life, causing him/her to be insecure in their future roles as parents. â€Å"Evidence shows that, on average, children who have experienced parenta l divorce score somewhat lower than children in first-marriage families on measures of social development, emotional well-being, self-concept, academic performance, educational attainment, and physical health†. â€Å"Marriages that end in divorce typically begin a process of unraveling, estrangement, or an emotional separation year before the actual legal divorce is obtained.† (Demo, Supple) Divorce might seem easy, but actually this process has various effects on the couple, and in the child [if present]. During the process there is usually a lot of fighting, and the childrenShow MoreRelatedAnalysis of the Persian Carpet Essay762 Words   |  4 Pagessuffers from self doubt as she gains a new perspective on her mother, the antagonist, as she finds out the latter has been lying to her for several months about the disappearance of their old â€Å"Persian Carpet†, which is the reason for her parents divorce. The author conveys the theme of selfishness and betrayal through her use of characterization and symbols. First, through characterization, the author follows the young girl, which struggles to understand her mother selfishness. Before meetingRead MoreReflection Paper : Ethical Dilemma866 Words   |  4 Pageshe did not drink. That was very shocking news for us because no one wants to marry their daughter to anyone who is loose character. Moreover, drinking is something never done or promoted in our family and also contrary to our religious beliefs. One thing was clear to me that a relationship that uses little lies over and over again might not be as truthful as it seems and when someone is caught lying again and again than that person can not be trusted to tell truth. In relationship this can be beginningRead More Infidelity Essay1261 Words   |  6 Pages In today’s society, infidelity is one of the leading causes of marital disruption and divorce. In accordance with societal norms many myths have been associated with infidelity. The following myths and their effects on marriage will be discussed: Everyone has affairs, the affair is the direct result of the faithful mate and, the marriage must end in divorce. In examining the various myths, this paper will challenge the greater issue, can marriage survive infidelity?   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  There was aRead More The Graduate and Plastics Essay example728 Words   |  3 Pagesnbsp; Ben finds this shocking because to an outsider their marriage seems solid and real but it isnt.nbsp; Their marriage is like plastic because although it appears solid, it is fabricated, something made by man in order to deceive.nbsp; They deceive themselves, their neighbors, and everyone else.nbsp; Mrs. Robinson is the only one who recognizes the falsehood of the marriage.nbsp; When Mr. Robinson confronts Ben he tells him that he and his wife are getting a divorce soon.nbsp; Mr. RobinsonRead MoreAnalysis of an Advertisement Essay728 Words   |  3 Pagesfollowing print ad, which contained the photograph of a decrepit old man dressed in a black suit, wearing a diamond encrusted gold dollar sign ring, embraced by a wedding-gown clad, large breasted, peroxide bleached blond, young bimbo. Next to the shocking newly-weds was a new, cherry red Dodge Viper convertible, parked on a black patterned brick driveway, in front of a gorgeous mansion wall adorned with lavish vegetation and concrete Grecian pottery overflowing with ferns. The inept, liver spottedRead MoreEssay on Never Giving Up649 Words   |  3 Pagesbe carried out and truly lived to its fullest unless there has been some sort of suffering and pain. Mistakes are to be learned from, and a hard past can only result in a stronger present. Though many might find themselves alone in their misery the truth is they are not, everyone has struggles. We all have our ups and downs, but it is how we react to them that truly matters. Life is life and no matter what, giving up on lifelong dreams and aspirations because of a few bumps in the road should neverRead MoreEssay on I Now Pronounce You Man and Wife1740 Words   |  7 Pagesmarriage as â€Å"a commitment, partnership, ‘till death do us part† (Sanchez). Lou Sanchez, an 80 year old woman, raised thre e children alone. Lou and Andrew were married for 18 years before Andrew passed away from a horrible accident. This might be shocking news, but Lou, since then, has not remarried. She believed that Andrew was the only man for her. For that reason, she decided to raise her children alone and remain a widow. (Sanchez) Another point of view would be, â€Å"getting married is not worthRead MoreDissociative Identity Disorder And Treatment Of Severe Depression Essay1161 Words   |  5 Pagesclear that Karen suffers from Dissociative Identity Disorder, or, more commonly known, Multiple Personality Disorder. The rest of her treatment becomes dedicated to uncovering the reasons her mind has constructed these personalities and reveal the truth hidden in the periods of time she’s lost. Karen suffers from Dissociative Identity Disorder, a mental illness characterized by â€Å" a disruption of identity characterized by two or more distinct personalities† â€Å" that alternate control of an individual’sRead MoreSwitching Time : A Doctor s Harrowing Story Of Treating Essay1153 Words   |  5 Pagessuffers from Dissociative Identity Disorder, or Multiple Personality Disorder as it is more commonly known. The rest of her treatment becomes dedicated to uncovering the basis from which her mind has constructed these personalities and reveal the truth hidden in her lost time. Karen suffers from Dissociative Identity Disorder, a mental illness characterized by â€Å" a disruption of identity. . . by two or more distinct personalities† â€Å" that alternate control of an individual’s behavior† (Bell, JacobsonRead MoreDifferent Reactions to Death Essay1484 Words   |  6 PagesDeath can be very scary for the elder and young. One never really knows how they will react to the event of death. Even though inevitable, death can be shocking for some or troubling for others. A shocking and a troubling reality of death are depicted in two short stories, Used to Live Here Once by Jean Rhys and A Father’s Story by Andre Dubus. How characters in a story react to death are often different from one another. Used to Live Here Once by Jean Rhys in 1976 is about a woman taking

Reforming Globalization Free Essays

Walden university Alexandra Salsas August 3, 2014 Globalization is an objective with which all companies include nowadays; the global expansion allows firms to increase their profitability and thus consequently the profit growth. As the article mentions the pursuit of a Just society involves carefully balancing two contradictory necessities with regard to the corporate sector. Since reparations are responsible for much of the wealth and many of the Jobs in a modern economy, at the same time, however, even as the corporate sector is fostered, Justice and fairness require that these firms not be permitted to exercise disproportionate power, that is for getting the best employees and with that Increase the profit growth. We will write a custom essay sample on Reforming Globalization or any similar topic only for you Order Now When people talk about the company In the best way this Increase the profitability for this company that which one uses In a bad way Its power or act wrong with customers or employees. Global expansion arises because of the need to encourage the corporate sector, which Is rooted In the fact that corporate-driven economic development dramatically raises living standards and thereby reduces the Injustices associated with deprivation. Similarly, the people who live In poor countries legitimately seek the broadly distributed Improved levels of health, education, and material comfort that are promised by a future of economic development, globalization allows this economic development of countries around he world, and companies to increase and create more franchises need this obtaining a global country increase the offers for employees and with that people get better living conditions as it said. The rules governing the global economy emerge from multilateral talks that reflect the bargaining power of the negotiating countries, power that in turn broadly corresponds to the size of each country economy. Global expansion, profitability, and profit growth aid both the company as the country where they found. How to cite Reforming Globalization, Papers

Accounting and Financial Management Australian Companies

Question: Describe about the Accounting and Financial Management for Australian Companies. Answer: Part A Executive summary The report has produced a detail description about one of the most renowned Australian company Blackmores, the market leader of healthcare services in Australia and its sustainability practice in order to improve its sustainability quotient. The company has consciously applied a range of strategic as well as operational initiatives in order to improve its sustainability as well as moving towards offering superior transparency regarding the environmental impact of the company. The environmental as well as social impacts of the company have been discussed along with its history, location and products. A gap analysis has been performed to calculate the gap between the information provided by the company in its annual report with information collected the other sources as per GRI guidelines, which would be beneficial for the investors and shareholders as well as other stakeholders of the company. Introduction The company Blackmores is an Australian company and considered as one of the biggest company in healthcare sectors and market leader in Australian on their healthcare sector. The company was established more than eighty years back. The company was started it business operation in the years of 1930 by Maurice Blackmore, who was an English immigrant and his thought was ahead of his time. He initiates the company with a vision to provide the society better healthcare with natural herbs and naturopath treatment for ensuring the better health of the people of the society (Bernard, Abdelgadir, Belkhir, 2015). Throughout the years of its operation the company has achieved several awards and recognitions and become one of the most trusted brands in Australia. The company has also demonstrated significant economic growth throughout the years and listed among top 100 companies in ASX. The company has mainly vitamins products and about 250 types of vitamins products use to be produced and sold by the company. Besides this, huge range of vitamins products, the company has good range of minerals and herbal products and wide range of nutritional supplements as per the needs and demand of the customers. Besides this, the company has some exciting range of healthcare services, which are useful and popular among the people. The company is opened at Warriewwood on Sydneys Northern Beaches and the campus of the company provides a standard work place for the new generation that focus on a balanced approach to health, life work and the environment. The size of the campus is around 25,000 Square meters and more than 400 staff works each day. Main body The company provides great emphasis on the development of a sustainable business and reduces the environmental impact of the company and in this way the company tends to improve its social acceptance, as presently every public is aware of the environmental impact (Chen, Feldmann, Tang, 2015). For several reasons like excessive use of automobile and increasing number of factories enhance the pollutant in the air thus enhance the pollution level of the atmosphere. As a result of the pollution, the presence of green house gases, like carbon monoxide, methane has been increased substantially that is the main cause of global warming, which is considered as a danger to the world and the society. In this context the consumer prefers the firms, which are environmentally sustainable (Harrison, Milbers, Mihic, Anis, 2016). For these reasons the contemporary business organizations provides great emphasis on developing effective CSR strategies in order to establish them as the socially respons ible and environmental friendly business organization. The undertaken company Blackmores has been awarded by several recognized organization for its sustainable business practices. The campus of the company has several sustainable elements (Jacobson Sowa, 2015). The energy is supplied to the campus by gas fired tri-generation plant due to this the emission of carbon die oxide has been reduced substantially. The temperature sensitive windows facilitate to access maximum fresh air and natural light to the campus so decrease the need for artificial light and the power consumption has been reduced considerably (Jones, Comfort, Hillier, 2015). Beside this, the company use solar chimney that provide facility of natural ventilation. The company is trying to reduce the environmental concentration along with carbon foot print by the initiation of the company. The company save time for activates thus improve the efficiency of the workers. There are 71% of the wastages diverted from the land fill (Karuhanga, 2015). The company has developed environmental management system in order to manage the environmental impact of the company. The organic food waste from the factory of organic food products is used for producing green electricity. Besides this the company has adopted Recycling Label Plant Ark of Australia. The company has faced several threats with the novel initiatives schemes as well as procedures to improve the efficiency of the waste management company as well recycling the energy consumption of the company. The companys waste implementation scheme enhances its capacities in managing waste streams as well as to set up a novel recovery plan and process (Jacobson Sowa, 2015). Presently only 29% of the wastages sent to the land fill and the current percentage 29% and the diversion rate is 71%. The GRI report helps in the creation of sustainability report with depending on the organisations choice in accordance to the option created by the organisation. This report consists of strategic analysis, general disclosures, organisational profile, identification of the material aspects and the boundaries, stakeholders engagement, report profile, governance and ethics and integrity. The analysis provides the general view regarding the stakeholders management with providing subsequent support as per the guidelines of the report (Harrison, Milbers, Mihic, Anis, 2016). The strategy and analysis draws information with thereby creating the strategic topic summarization. The report also provides the strategic statement which presents the vision and strategy of the short term, medium term and the long term views. The key achievements that are included in this case help in providing appropriate judgement and thereby the recognition of the standards are maintained with providing the perfor mance with respect to the targets ("Interpretations on the G4 Guidelines, issued by the Global Sustainability Standards Board, are located at the end of this document, and are to be considered by all users.", 2016). The challenges for the organisation are depicted with providing the goals for the achievement of performance and thereby the strategic approach seems to be satisfying the items that pertains the organisational approach. The sustainability report of the Blackmores in the years 2015 and 2016 depicts the minimisation of the risks that are depicted in the environment of the organisation. The importance is provided to the common health and public safety which priorities the initial goal of the organisation. The sustainability for the organisation revolves around the community, employees, shareholders, governance and the investments made for the betterment of the future of the organisation ("Sustainability Reporting Guidelines", 2016). The commitment provided for the sustainability provides the view for the creation of ingredient traceability, proven efficacy, quality and the strong demand with the engagement of high staff. It provides the report of the increment of inventory on hand with thereby creating direct source with the key ingredients. Strengthening the supplier relationship helps in the creation of the retention process with the sample for the selection of the ongoing tests and the quality evalu ations. It also provides sustainable supply chain management in order to encourage the support and facilitate the environmentally and the socially responsible approaches for the supply chain management (Chen, Feldmann, Tang, 2015). The difference that is indicated in this report provides the differentiation related to the stakeholders and the shareholders of the both organisations. All the stakeholders are not shareholders but are the shareholders are represented as the shareholders. The shareholders are there in the sustainability report of Blackmores but the shareholders do not consists of any role in the GRI framework of standards (à ªÃ‚ ·Ã¢â‚¬Å¾Ãƒ ªÃ‚ ¸Ã‚ °Ãƒ ­Ã¢â€ž ¢Ã‹Å" Jong-In Choi, 2015). These are the differences that are created in the both the industry which seems to be depicted in this case and thereby the differentiation with the GAP analysis is made that seems to be successful and there by the framework is depicted by the enhancement of the sustainability report. The comparison provides the contribution for creating sustainable and tangible results which helps in the achievement of appropriate communication system. The transparency and the accountability comes from the clear communications with thereby helps in representing the versions of GRI released principles depicts the G4 version of the reporting principles (Supriyanto, 2015). The guidelines help in acting as global reporting initiatives. The benefits that are achieved by compiling GRI guidelines with the report provided by Blackmores Analysis seems to be benefitting the potential investors, shareholders and the other stakeholders of the business are as follows:- The checking of the c-suite commitment: In general a leadership can be formed by recognising the external pressure from the government with thereby helps in recognising the stock exchanges, markets, investors and the society at large to be transparent. This implicates the clear communication process and thereby the progress is created by the enhancement of the sustainability objectives. The consideration of the senior management data needs to be thoroughly checked with creating the impact of the firms commitment and thereby the commitment is fixed in the term of time and money (Soni, Giboney, Yee, 2016). The management and the commitment create a support base for the sustainability and the drive base for the improvement of the organisation. A mature materiality process must be considered The current material issue and the priority for setting the materiality matrix up to date is created with focusing on the implementation of the right methods. The principle distinction between the G3 and the G4 guidelines are differentiated with creating emphasis on the process of reporting in order to provide the guidelines for the analysis which seems to be taking place and thereby the analysis helps in the creating the focus in regard to the present reporting (Singh Diamond, 2015). For reporting issues that seems to be most relevant represents the relevant key stakeholders and at the same time they become the success for the organisation. Reporting switches from the completeness helps in maintaining the economic, environmental and the societal issues for itself and thereby it proves that the stakeholders and the society is kept at large position for the organisation (Santos Sehnem, 2016). GRI Gap Analysis The materiality focus helps in creating the user friendly environment with providing sustainability report and thereby the creation of the effort provides the sustainability report for the enhancement of the organisation. The GAP analysis helps in the creation of identity for the organisation with the usage of the GRI indicators which seems to be sufficient according to the new GRI G4 standard Disclosures (Ortiz Marin, 2014). Furthermore the detection of GAPS helps in indicating the values with creating appropriate guidelines with providing appropriate implementation plan for the analysis Conclusion The report consists of all the necessary reports that are depicted in this case study which provides the framework of the standards which are depicted for both the organisations i.e. the GRI and the Blackmores. The report consists of the workplace community with thereby creating the enhancement of the structures with presenting the structures of the business with the comparison made for the supply chain management. The environmental as well as social impacts of the company have been discussed along with its history, location and products. Also the differentiation is created for both the organization in respect to the general standards and thereby the consideration of the implementation was mentioned accordingly. Part B Major costs associated with the operations of the Global Therapeutics The major cost associated with the operations of the Global Therapeutics includes clinical trials, non clinical studies, commercial supplies, marketing cost and other activities. The selling, marketing costs and manufacturing associated with the GBT440 and other products includes time and cost in order to expand the marketing and sales capabilities (Kroetz, 2016). The clinical practice also includes cost of commercial and clinical supplies that includes enrolling patients for the clinical trial in a timely manner. The cost is necessary to develop technologies, future acquisition and maintaining, protecting and expanding the portfolio of intellectual property. Enforcing and obtaining of patents of biopharmaceutical is costly. The company has also to invest into the research and development of the products. Other cost includes salaries, equipment, rent and insurance. Estimating the cost behavior Variable Cost Amount ($) Fixed Cost Amount ($) Clinical Trial 400000 Intellectual Property 3500000 Clinical Studies 250000 Building 2500000 Commercial supplies 1,000,000 Salaries 1800000 marketing Cost 300000 Equipment 600000 Research Development 800000 Rent 100000 Insurance 300000 2750000 8800000 The cost associated with a company comprises fixed costs and variable costs. Fixed costs are the cost that does not change with the decrease or increase in the amount of products or services sold or produced. It is the costs that have to be paid by the organization (Kroetz, 2016). Variable costs are the expenses that vary with the production of goods. Therefore, it depends on the volume of production. Understanding of the cost behavior The breakeven analysis will help to estimate and examine the margin of safety of the company on the basis of associated costs and revenue collected. It will enable the company to analyze different level of price relating to different demand level (Lin, Chang, Chang, 2015). Therefore, it helps to determine the sales level that would be needed to cover fixed costs. The breakeven of point of Global Therapeutics is ($2750000+$880000=$3630000). Breakeven analysis is a useful tool to determine the production level or desired targeted sales mix. It looks at the fixed costs level in relative to the earned profit by each unit sold and produced (Liu Tyagi, 2016). The net profit margin of a company can be increased with the increase in the revenue and decrease in the cost of production. The production costs can be decreased with the help of implementing appropriate strategies, policies and techniques. Balance score card Strategic Objective Lag / Outcome Measure Lead / Driver Measure Financial The strategic objective of the company is to invest into core business as such as investment in product development, assets, operational activities and marketing activities. The Global Therapeutics has adopted appropriate strategies in order to achieve its financial objectives (Malikova, Shifflett, Farber, 2015). The financial performance can be measured with the help of estimating financial ratios in order to determine and evaluate profitability, liquidity and efficiency level. Customer The strategic objective of the company is to provide quality care to their patients with the implementation of appropriate clinical practices The Global Therapeutics has put emphasis to increase their quality of care. The increase in quality care will increase the satisfaction level of the customer. The satisfaction level of the patients can be measured by obtaining their feedbacks. Processes The strategic objective of the company is enhance the internal control system of the company. The internal control system is important in order to provide quality care to the patients. The staff members and managers have appropriately managed the internal process of the company. The flow of communication, coordination and completion of tasks in the given time shows the efficiency of the internal control system. Part c Break even analysis Protein Shakes Power-up Vitamin Juices Recharge Bars Expected Annual Sales (units) 15,000 15,000 7,000 Selling price $7.80 $9.50 $5.60 Sales $117,000.00 $142,500.00 $39,200.00 Ingredient cost $3.10 $3.60 $2.75 Packaging cost $0.35 $0.35 $0.05 Total costs $5,253.10 $5,253.60 $352.75 Staffing and facilities costs $39,000.00 $39,000.00 $39,000.00 Marketing costs $9,333.00 $9,333.00 $9,333.00 Total cost $53,586.10 $53,586.60 $48,685.75 Breakeven point Protein Shakes Revenue = Variable cost + Fixed cost Revenue = $53,586.10 Power-up Vitamin Juices Revenue = Variable cost + Fixed cost Revenue = $53,586.60 Recharge Bars Revenue = Variable cost + Fixed cost Revenue = $48,685.75 After profit tax Revenue $198,336.10 $198,336.60 $198,335.75 Ingredient cost $3.10 $3.60 $2.75 Packaging cost $0.35 $0.35 $0.05 Total costs $3.10 $3.60 $2.75 Staffing and facilities costs $39,000.00 $39,000.00 $39,000.00 Marketing costs $9,333.00 $9,333.00 $9,333.00 Total cost $48,336.10 $48,336.60 $48,335.75 Net profit $150,000.00 $150,000.00 $150,000.00 Memo To: From: Date: Subject: The analysis of breakeven point and annual profit Recharge Bars Expected Annual Sales (units) 7,000 Selling price $26.00 Sales $182,000.00 Ingredient cost $1.75 Packaging cost $0.05 Total costs $351.75 Staffing and facilities costs $22,000.00 Marketing costs $8,333.00 Total cost $30,684.75 Net profit $151,315.25 The Blackmores should adopt and implement appropriate strategies in order to increase its sale of products as well as developing the market value of the company. The annual profit and breakeven analysis of the company can be enhanced with the increase in selling price and decrease in the variable costs and fixed costs (Entwistle, 2015). The increase in the sales of the products and decrease in the cost of the products will help to increase the profitability and market value of the company. The initiative imposes significant impact on the sales, mix, variable cost, fixed cost and selling price of the products. The increase in operation efficiency, internal control systems, maximizing flow of cash increasing quality of product, determining appropriate price level, adopting marketing activities will help to increase the profit (METAXAS TSAVDARIDOU, 2016). The managers and finance department plays a significant role in the management of the costs and revenue of the company. The preparat ion of financial statements will help to determine and evaluate the revenue, expense, asset, liabilities, profit or loss of the company during a period of time. The breakeven analysis will help to estimate and examine the margin of safety of the company on the basis of associated costs and revenue collected (Miranda Lovell, 2015). The management and allocation of resource helps to achieve the goals of the organization. References Sustainability Reporting Guidelines. (2016). Retrieved 17 September 2016, from https://www.globalreporting.org/resourcelibrary/G3.1-Guidelines-Incl-Technical-Protocol.pdf Bernard, S., Abdelgadir, S., Belkhir, L. (2015). Does GRI Reporting Impact Environmental Sustainability? An Industry-Specific Analysis of CO2 Emissions Performance between Reporting and Non-Reporting Companies.JSD,8(9), 190. https://dx.doi.org/10.5539/jsd.v8n9p190 Chen, L., Feldmann, A., Tang, O. (2015). The relationship between disclosures of corporate social performance and financial performance: Evidences from GRI reports in manufacturing industry.International Journal Of Production Economics,170, 445-456. https://dx.doi.org/10.1016/j.ijpe.2015.04.004 Entwistle, G. (2015). Reflections on Teaching Financial Statement Analysis.Accounting Education,24(6), 555-558. https://dx.doi.org/10.1080/09639284.2015.1075314 Harrison, M., Milbers, K., Mihic, T., Anis, A. (2016). Incentives in Rheumatology: the Potential Contribution of Physician Responses to Financial Incentives, Public Reporting, and Treatment Guidelines to Health Care Sustainability.Curr Rheumatol Rep,18(7). https://dx.doi.org/10.1007/s11926-016-0596-6 Jacobson, W. Sowa, J. (2015). Strategic Human Capital Management in Municipal Government: An Assessment of Implementation Practices.Public Personnel Management,44(3), 317-339. https://dx.doi.org/10.1177/0091026015591283 Jones, P., Comfort, D., Hillier, D. (2015). 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