Thursday, February 27, 2020
Financial Analysis of Abiomed Incorporation Research Paper
Financial Analysis of Abiomed Incorporation - Research Paper Example The potential for growth mainly lies with such companies as once these companies start coming back to profitable tracks they provide good returns especially to those investors who put their investment at stake in the bad times of those companies. However, the risk of losing money also exists such that there are chances that these companies may perform even more sluggish operations which in turn lead them towards the way to bankruptcy. Company Overview Among those companies which are going through their struggling phase of life, Abiomed Inc. is one of those companies. The company mainly develops surgical products especially for heart failing patients and provides those equipments to hospitals. This report provides a financial analysis of Abiomed Inc. for the past three years, as well as with its industry giant Medtronic Inc. This financial analysis is conducted with the help of ratio analysis in respect four broader categories which are 1) Profitability, 2) Efficiency, 3) Liquidity, a nd 4) Solvency. Competitive Environment and Market Conditions The competitive environment for medical and surgical equipments is quite intense especially for the equipments, which facilitate heart failing patients. The financial position of Abiomed Inc. is not as stable and strong as its competitors possess. The competitors can provide better equipments as they have latest technology and better infrastructure as compared to Abiomed Inc. These competitors have a tendency to give tough time to Abiomed Inc. in such a manner that they can provide those surgical equipments either at the same or even relatively lower prices to the customers. As a result, Abiomed Inc. needs to put more focus on building their financial position stronger in order to compete on better footings. Profitability Ratios Return on Stockholderââ¬â¢s Equity Return on shareholderââ¬â¢s equity describes as how much percentage of equity is being generated as net income. Due to experiencing negative earnings i.e. losses ABMDââ¬â¢s return on equity remained in negative zone for all of the three years. However, the most promising sign for the company is that the company is moving in a right direction such that its percentage has been improved from -27% to around -11% which is a positive sign. By taking a look at the performance for Medtronic, its percentage has also been increased from 15% to 19% which is a better sign. Overall it can be inferred that both the companies improved their return on shareholdersââ¬â¢ equity mainly due to increasingly improved industry conditions. This ratio is quite meaningful and important to investors especially as they are more concerned in assessing as to how much their equity has earned in the form of income for the company. Return on Shareholder's Equity Year ABMD Medtronic 2011 -11.22% 19.39% à à 2010 -17.62% 21.18% à à 2009 -27.24% 15.70% Return on Assets Return on assets is also a good profitability indicator such that it describes the ef ficiency of assets to generate income for the company. Companies are more interested in knowing as to whether the assets they have deployed in the operations of the business are worthy and capable of generating income or not. If the performance of the assets of ABMD is taken into
Monday, February 10, 2020
Blindness Essay Example | Topics and Well Written Essays - 1000 words
Blindness - Essay Example Some of the causes include infections, injuries, lack of glasses, trauma, etc. Blind students are also taught using various technologies, including Braille and assistive computer technology. These technologies enable students to read and listen to lecture notes, presentations, course materials and other reading materials. Causes of blindness depend on the socioeconomic conditions to which a person is exposed. They include causes that affect the eye directly and those that affect visual processing centres like the brain. In developed economies, the primary causes of blindness include macular degeneration, traumatic injuries and ocular diabetes complications. In developing and underdeveloped nations blindness is caused primarily by infections, glaucoma, lack of glasses, injury, and cataracts. Some of the infections that lead to blindness in underdeveloped countries include onchocerciasis (river blindness), leprosy and trachoma. The herpes simplex is the most common cause of blindness in developed countries. There are also other causes of blindness such as retinopathy, deficiency of vitamin A, diseases affective the retina or optic nerve e.g. stroke, inflammation, eye malignancies, abnormalities of the congenital, hereditary eye diseases, and chemical poisoning. According to Bourne et al (2013), catarac ts and macular degeneration are the leading causes of blindness. Cataracts affect people from developing and underdeveloped world while macular degeneration mainly affects people from developed countries. Blindness can also be caused by amblyopia, or the lazy eye. This refers to the condition in which a child is born with poorer vision in one eye than the other (NIH Medline Plus, 2015). Untreated amblyopia leads to vision loss and blindness. As the child grows, the brain ignores images from the affected eye, leading to loss of vision in that eye as the child enters teenage stage of life. The condition starts when one of the childââ¬â¢s eyes develops a
Friday, January 31, 2020
Review Questions Essay Example for Free
Review Questions Essay Answer the following questions: 1) What is the difference between a task dependency and a task constraint? When it comes to the differences between a task dependency and task constraint, it depends on the time. A task dependency joins two tasks by saying that one task begins relative to a different task. A constraint just puts the correlation directly to a time rather than base it off the time another task is done. 2) Give a real-world situation when you might used the following task constraints: a) Start No Earlier Than ââ¬â An example could be with government related projects. Many of these projects take years to complete and have to require a specific amount of the yearââ¬â¢s budget to be used for the project. You could put a constraint on a project so that the government wonââ¬â¢t go over budget and just start tasks the next year. b) Start No Later Than ââ¬â A projectââ¬â¢s resources can be requisitioned ahead of time, and then can be paid for and picked up later from the company who are selling the resources. These people might require the money by a certain date. This can assure that setting a start no later then constraint pays the resources before the hold on the materials is lifted. c) Finish No Later Than ââ¬â This can happen if there is a set date for a project to finish it would be wise to set up milestone tasks with finish no later than constraints as to increase the importance of keeping on time. A Christmas party would be a good example, because you it has no room to finish late. d) Finish No Earlier Than ââ¬â This can happen if a company wants to roll over a project to have it be part of a second yearââ¬â¢s budget, and putting this constraint on it can do that. e) Must Finish On ââ¬â This can happen if there is a set date for something like gathering materials that cannot be changed. This would be a good example of when to add this constraint to that task. f) Must Start On ââ¬â This can happen when wanting to set up a project that involved a rigorous time constraints like when planning a wedding where it is important to make sure that the beginning stages must have enough time to make sure that everything wasnââ¬â¢t taken taken. g) As Late As Possible ââ¬â There can be a situation where an employee is paid hourly, but that person works better under pressure so it would be beneficial to start his tasks as late as possible. With this constraint, you can get the most work done for the least amount of money. 3) What is the importance of a baseline? The project baseline is an original overview of the project in terms of schedule, cost, and scope. The main importance of the project baseline is that it can be used to see how much, throughout the project, we are deviating from the original schedule, cost, and scope. 4) What is an interim plan? An interim plan is known as a set of current project data that a user saves after the project begins. A user can then compare the interim plan against the baseline to assess the progress of the project. Turn in this sheet with your MS Project file to the Week 6 iLab Dropbox.
Wednesday, January 22, 2020
Teen People Magazine Essay -- BTEC Business Marketing GCSE Coursework
Teen People Magazine The Teen People, September edition, is a magazine designed to appeal to young female readers. Its content features well known celebrities, use of bright and flashy colors, and an organized layout that attracts an upbeat, young readership interested in high-quality appearance and style. Although the magazineââ¬â¢s main focus may appear to insure a great fashion sense, it also concentrates on a philosophical orientation by covering a more diverse readership that includes all colors, sizes, and shapes of females. Teen People also expands its audience by recognizing both visual and text oriented audiences. To appeal to the more visual oriented audience, the magazine uses exotic photography in the advertisements for Self Esteem, Secret Deodorant, and Ralph Lauren. For the more text oriented audience, the magazine includes celebrity profiles on Ruben Studdard as well as both Nick Lachey and Jessica Simpson. Whether the audience is visual or text oriented, Teen Peopleââ¬â¢s main objec tive is to create an animated and enjoyable magazine for young female readers. The advertisement for the clothing line Self Esteem uses an imaginative idea of a human butterfly to catch the eye of its visual oriented viewers (117). The advertisement pictures a young Mediterranean female with butterfly wings attached to her back. She is dressed in casual attire with green cargo pants and a simple khaki colored shirt. The unusual depiction and choice in clothing may insinuate that an athletic female reader can effectively express herself by dressing comfortably in Self Esteem clothing wear. The smile and happy indication illustrates that freedom of originality leads to eternal happiness. Self Esteem places the young female in the midst of... ...emales tend to desire. Self Esteem uses a deeper level of thinking to portray beauty. Secret Deodorant tends to advertise angelic beauty, whereas companies such as Ralph Lauren advertise natural beauty. Although both articles use big celebrities to attract their readers, they tend to differ in who is attracted and why they are attracted to the article. Whatever the approach may be, Teen People Magazine accurately appeals to all types of people who desire a good style sense, information on their favorite celebrities, and overall beauty. Works Cited Ralph Lauren advertisement. Teen People. September 2005: 51. Ruben Studdard Article. Teen People. September 2005: 176. Secret Deodorant advertisement. Teen People. September 2005: 64. Self Esteem advertisement. Teen People. September 2005: 117. "Theyââ¬â¢ve Got Game." Teen People. September 2005: 190.
Tuesday, January 14, 2020
Dharma Punx: A Book Review
The book ââ¬Å"Dharma Punxâ⬠was written by Noah Levine, the son of bestselling author and Buddhist teacher Stephen Levine. As a writer, he uses a natural, conversational and empathic voice to narrate his story in order to reach out to others who have gone through the same ordeal as he did.This book, which was written in a very thorough narrative serves more or less as his autobiography, focusing primarily on what would probably the most turbulent moments of this life when drifted from one ââ¬Å"movementâ⬠to another, from punk rock to drugs and alcohol which nearly sent his life crashing down to the point of self-destruction or suicide which he attempted several times, hence the title of the first chapter is ââ¬Å"Suicide Solutionâ⬠(Levine, 2003, p. 1).The starting point of Levine's story was at the detention facility where he was confined and at the time, he was going through withdrawal symptoms as the adverse effects of drugs and alcohol were being flushed out o f his system. It was at this point that he would begin to retell his tale on how he got into that situation. Born in 1971, his parents hailed from the ââ¬Å"hippiesâ⬠generation of the 1960's where they revolted against the establishment at the height of the Vietnam War and one of their mantras was ââ¬Å"Make Love, Not War!â⬠as well as the overflowing freedom of expression of their generation that also indulged in free drugs and sexual promiscuity as well, thereby making the term ââ¬Å"psychedelicâ⬠an understatement for their generation that turned to drugs as a way to escape a harsh, brutal and cynical reality they wanted to repudiate. They were trying to create their own brand of utopia but somehow, this would not be perfect as well, and this would be reflected in Levine's own family.In his childhood years in the late 1970s and early '80s, Levine loved to skateboard but partly out of curiosity and influence, he got hooked into punk rock and often watched punk-r ock concerts as well as looking the part of a punk rocker by the time he was in his teens. Punk rock was to his generation what the psychadelic ââ¬Å"hippieâ⬠movement was to his parents. Levine said that the situation of his generation made them turn to this fad ââ¬â like him, the youth of his generation had to cope with problems like broken homes, irresponsible parents who were either alcoholic or drug dependents; there was no responsible adult who could guide them.His parents had divorced by then and he would spend time with each of them, shuttling between their homes in California and New Mexico. Both his parents remarried but his mother's second marriage was fraught with trouble and the irony of that was she met her second husband in a meditation retreat while his father was able to move on and remarry a woman whom he truly loved and gave him a happier marriage (Levine, 2003, p. 5). However, without his ââ¬Å"enlightenedâ⬠father around to guide him, the younger Levine was susceptible to the temptations of the materialistic world.By the time he was six years old, he already began smoking marijuana and was also trying out other banned substances as well like cocaine. This also came hand in hand in partaking of alcohol which would stay with him for most of his youth. He was so addicted into drugs and alcohol that by the time he was in high school, he had become very violent, often getting into trouble ranging from brawls to vandalism that he was arrested several times for such behavior, something he appeared to have welcomed, owing to his punk rock influence, his own way of defying authority.He eventually dropped out of school and lived like a vagrant, often stealing to support his habit (Levine, 2003, pp. 21-24). In his recent detention in 1988, the point where he was at his very low that his road to ââ¬Å"enlightenmentâ⬠would begin. When his father visited him, he was the one who had set him on the path by encouraging him to try med itation (Levine, 2003, pp. 3-4). At first, Levine regarded Buddhist teachings as ââ¬Å"bullshitâ⬠but the moment he made an effort to try it, he underwent a profound transformation.He began the 12-step program and started attending meditation sessions. He was eventually released and he started on a new path in life. Over the next few years, Levine worked hard on his spiritual growth, even practicing celibacy and taking a pilgrimage to the Far East in search of enlightenment and even meeting and learning from the Dalai Lama himself! He would eventually finish his studies by getting a college degree but he did not stop there.He went further and obtained a graduate degree in counseling psychology as well. He followed in his father's footsteps by also becoming a Buddhist teacher and of all the places where he would like to teach, he chose to be at the very same detention facility where he used to be remanded. Although he is a totally reformed and transformed individual, there is o ne thing from Levine's past that he has not repudiated, his passion for punk rock. He still listens to punk rock, and still acts, looks and dresses the part.He still sports tattoos but the difference now is that his tattoos are Buddhist-inspired such as the lotus flower and Sanskrit inscriptions, making Levine a look-alike of Hollywood actor Vin Diesel famous for his role as agent ââ¬Å"XXXâ⬠where he would also sport tattoos. One of the things Levine discovered about Buddhism is that it is very open-minded into tolerating anything that would compliment it. Buddhist teachings, particularly the Zen school of thought, say that if an individual can be one with that particular subject, that is also Buddhism.Levine himself will attest that punk rock, contrary to what conservative thinkers may think, is not anathema to society at all. This is, of course, looking at it from a Buddhist perspective. Other people tend to view punk rock as wild, violent and to a certain extent, destructi ve. As Levine would also admit, he turned to punk rock as a way of defying the status quo of his generation, much like his parents were part of the ââ¬Å"hippieâ⬠movement as an expression of defiance of the status quo of their own generation as well (Levine, 2003, p.34). The nice thing about Buddhism is that it has a way of channeling the excess energy away from the destructive path. If there was one other thing that Levine learned from his enlightenment, it is that death is not the answer to his problems when he was attempting to commit suicide. For most people, to take one's life is the way of the loser, notwithstanding the ââ¬Å"samuraiâ⬠concept of suicide where they would take their own lives to erase the stigma of the shame. It does not apply here and this can be interpreted in several ways.From the Hindu/Buddhist perspective, there is the concept of ââ¬Å"karmaâ⬠and reincarnation where one's conduct in the present life would have an influence on what will become of them in the next. While these beliefs recognize death (as a natural occurrence), it does not encourage people to commit suicide. Based on ââ¬Å"karma,â⬠the one who commits suicide might find himself or herself reincarnated in a much lower life form because of this and surely, no one would like to be reborn as an animal or a microscopic organism!In most beliefs, death is not the end, but rather the beginning of the next phase, provided it would be allowed to take its natural course. Committing suicide would disrupt the grand design for the individual in the universe. One notable aspect of Buddhist Dharma is the direction one's path will be, depending on the choices made. Levine's somewhat troubled past serve as the basis of his writings and teachings. ââ¬Å"We all sort of have a different doorway to dharma or spiritual practice. Suffering is a doorway.For me it was the suffering of addiction, violence and crime which opened me at a young age, 17 years old. I was inc arcerated, looking at the rest of my life in prison and thought, ââ¬ËMaybe I will try dad's hippie meditation bullshit. ââ¬Ë Suffering opened me to the possibility of trying meditation. â⬠(Levine, 2003, p. 246) All in all, ââ¬Å"Dharma Punxâ⬠is not only an autobiography, it is a spiritual journey of one individual who has endured probably the worst life can throw at him, send him on the wrong direction but through corrective ââ¬Å"enlightenment,â⬠was able to bounce back and become spiritually whole again.And if the spirit is ââ¬Å"whole,â⬠the physical body will follow as well. Noah Levine went through hell and came out of it intact. If this were to be applied in international relations, one thing Buddhism can teach is violence and hatred is not the answer to the problems in the world. Buddhist teachings teach compassion and empathy and if nations would like to establish close relations with one another, they have to begin by establishing a spiritual connection which is first done by ââ¬Å"letting goâ⬠of one's self.Buddhism teaches that the reason why there is so much suffering in this world is due to worldly desires. In international relations, the struggle for power often puts nations at odds with one another and this often leads to wars. Buddhism teaches the opposite, in letting go of these desires and to empathize. In doing do, not only are friendly relations established, but one's own interests will be met by others and one need not worry about it anymore.Finally, ââ¬Å"Dharma Punxâ⬠is a very enlightening book which is highly recommended to anyone, not necessarily to those who went through the same ordeal as the author went. The author had been there and had done that yet he would not encourage anyone to go through it. Nevertheless, the book is very helpful for anyone who needs to be steered to the right direction of real happiness which is something no worldly goods can provide.
Monday, January 6, 2020
The Influence of Film and Radio on the American People in...
By the end of the 1920s, almost every household owned a radio. Radios were one of the many new particular consumer goods being purchased in the modern era. The first commercial radio station also hit the air in the 1920s. The lifestyle in terms of leisure had shifted dramatically from the Victorian era. Victorianism defined worthy uses of leisure. It was seen that play should be purposeful and edifying, not merely for amusement. For the people in the 20s, it was more acceptable for it to be just about fun. Jazz struck a resonant chord with many Americans in the 20s. Jazz is a symbol of break from the Victorian past and spoke to even deeper yearning for freedom among blacks. It mirrored frenetic pace and unpredictability of modern life (Lisa Jacobson, Lecture). Jazz was heard at nightclubs/speakeasies and it defied rules. It was a revolt against Victorianism and it was a refreshing alternative to culturally uplifting music. People were optimistic about starting new lives and it expres sed new optimism about future, new black assertiveness, and yearnings for unrestrained freedom (Lisa Jacobson, Lecture). People enthusiastically embraced jazz but some felt troubled by it because of sexual morale. The middle class thought it as vulgar and connected it to loose morals. A jazz party could help those who couldnââ¬â¢t afford to pay rent by having a ââ¬Å"rent partyâ⬠where an admission fee would be charged. This helped with those who could barley afford living in the city. Gangster filmsShow MoreRelatedMedi A Powerful Tool Of Communication1409 Words à |à 6 PagesEssay Media, being the most powerful tool of communication there is, influence societies in many ways. In fact the hypodermic needle theory states that passive audiences are directly influenced by media. 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Sunday, December 29, 2019
Business Objectives Of A Robust Health Bar Essay - 2440 Words
Contents Executive Summary 3 Introduction 4 Management Structure 4 Business Objectives 5 Micro and Macro Environment 5 PRODUCT PLAN 6 The marketing plan. 7 OPERATIONAL PLAN 8 Financial Plan. 12 Executive Summary Robust Health Bar was established in 2016 with the key purpose of fitness. It has a main aim of making fresh fruit juices and various health shakes available to all students, whether you visit the gym regularly or not. Robust Health Bars are set up in gym facilities over the four UJ Campuses for those who enjoy working out and also in the Student Centers for the students who are always on the go but still value their health states. Robust Health Bar plans to ensure an excellence in the quality of its products by using a highly qualified and dedicated management and human resources team and by using fresh fruit that are locally sourced. This will ensure that the logistics costs are reduced and that time is saved. 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