Critique of a research paper Essay Example for Free

Critique of a research paper Essay Issues that are to be studied during a research are usually expressed in a statement referred to as a research problem or research question (Lawn et al 2010). The researcher needs to have enough knowledge concerning the field in which he or she wants to contact a research in order for him or her to be able to come up with a research problem which is strong enough to be studied (Manzoni et al 2009; Partridge Dickey, 2009). The researcher is supposed to come up with ideas which have not yet been researched on or which needs further development for him or her to be able to come up with a researchable topic. In most cases the research question or problem helps the public to have better insights in the studied field and even fills some knowledge gaps that may be existing in that field. Thus researchers are supposed to do thorough research to know what has already been researched on for them to be in a better position to make some improvement on the knowledge that exists. The problem to be studied should be significant to the general public and the professionals in the field of study. According to this study the research problem was: the impact of poor essential newborn care practices on neonatal mortality in rural Karnataka. This research problem is relevant in any medical profession since it addresses an important issue, which affects many healthcare systems in the world (Lawn et al 2010). As outlined in the paper many neonatal deaths occurs yearly resulting from careless or lack of knowledge on how to take care of these neonatal. Even though the authors point out that some research has been performed on this research topic, they point out the need to understand the local settings of concerned regions for better interventions to be undertaken since child birth is often tightly linked to traditions of concerned communities especially in the developing countries like India. Thus their research problem is still relevant given that no research has been done in such settings. Research design The case study research has employed both qualitative and quantitative research design. In qualitative research designs, answers are given to experiences related to humans (Kain, Gardner Yates, 2009). Concepts like grounded theory, ethnography, case studies and phenomenology are covered in qualitative research designs (Manzoni et al 2009). This study used interviews to collect data. The interviews were recorded in text form which is a characteristic of qualitative research. Thus the research qualifies to be described as qualitative. The concepts covered in the study were ethnography and grounded theory. This is because in the paper, the researchers consider different ethnic groups found in rural Karnataka. Furthermore, the participants were interviewed on various cares they offer to neonatal after birth hence this cover the grounded theory concept since giving care is a social responsibility. Therefore the researchers were trying to answer the question on how different birth attendants carry out their services to newborns in rural Karnataka. Quantitative research involves collection of data in numerical form. The authors claim to have used this design to obtain preliminary data for carrying out qualitative research. Even though the authors state that they used quantitative research design it is not clearly stated the data collected since the paper only talks of administration of questionnaires of which we are not told the kind of information that was to be collected. Justification of use of both qualitative and quantitative research designs From the authors’ point of view, the use of quantitative design was aimed at providing evidence for need to carry out the qualitative research (Lawn et al 2010). It is also pointed out that the quantitative research confirmed earlier research on the same issue on neonatal mortality. Thus it seems the quantitative research was done to also confirm earlier studies on mortality related to newborn. On the other hand, the use of qualitative design is justified. This is because; obtaining data such as on breastfeeding, place of delivery, delivery hygiene, cord cutting, cord care, asphyxia and thermal care can only be done using qualitative methodology. Recruitment of study participants Recruitment of participants was based on pregnancy. All those who were pregnant and those who became pregnant during study period were allowed to voluntarily participate in the study. The study employed proactive research design for sampling purposes. This was used to prevent recall biases, which are common in retrospective research designs. Data collection Interviews, focused group discussions and questionnaires were used to collect data from eleven villages within rural Karnataka (Kain, Gardner Yates, 2009). The method used to choose these villages is not stated in the paper and thus we do not know whether it was done using statistical methods or not. Interviews which were done were semi structured (Partridge Dickey, 2009). They were thirty nine in total with thirteen targeting mothers who had delivered recently, ten targeting grandmothers, nine targeting birth attendants and seven targeting informants. The interviews to mothers lacked specificity in time frame especially to mothers who had delivered and therefore could have been prone to errors. In addition the authors do not outline on how they come with the different numbers that they administered the interviews to. Thus, the numbers may not be statistically significant. The five different questionnaires were administered to pregnant mothers at different times. Three of the questionnaires were administered prior to parturition, one was administered within five days after delivery and the last questionnaire was administered during postnatal period. It is not clear on how those involved in the delivery of the questionnaires knew when the mothers had given birth to administer them on time. In addition, the significance of the number of questionnaires administered is not justified statistically. Eight focused group discussions were undertaken in the study. Of these, three were among groups of mothers, two were among elders and one was carried out among birth attendants. The group discussions may have been exaggerated by some participants and therefore some of this data may be unreliable to some extent. Furthermore the choice of the number of discussion and the number of participants in the group discussion is not explained hence may be statistically insignificant (Jatana et al 2010). Data analysis From the paper, the authors state that they carried out framework in the analysis of their data. This is a type of data analysis is majorly used in the analysis of qualitative data. The versatility of the method allows it to be used in different qualitative data analysis. This method allows organization of data into structured transcripts. Credibility, auditability and fittingness The truths about the findings as judged by participants constitute the credibility of the study (Lawn et al 2010). This study is credible to some extent given that the source of data used to make the conclusion is not one, that is, pregnant mothers, birth attendants and grandmothers are utilized to get credible data (Kain, Gardner Yates, 2009). However, the choice of the numbers of those involved in interviews, group discussions and the number of questionnaires administered raises credibility issues on the research. Thus, clarity is required pertaining these issues in related studies. If the information presented in the report is accountable then the research is auditable. The coherent of the report determines the auditability of the research paper. The authors of this paper tried their best to remain focused on the problem issue. Thus the paper is auditable. If the participants are faithful then the paper is fitting. From the excerpts from the interviews presented in the paper, the participants seem to be real in relation to daily realities. Thus, the paper is fitting. References Lawn, J. , Mwansa-Kambafwile, J. , Horta, B. , Barros F. Cousens, S. (2010). ‘Kangaroo mother care’ to prevent neonatal deaths due to preterm birth complications. International Journal of Epidemiology, 39(Suppl_1): i144-i154. Kain, V. , Gardner, G. Yates, P. (2009). Neonatal palliative care attitude scale: Development of an instrument to measure the barriers to and facilitators of palliative care in neonatal nursing. Pediatrics, 123(2): e207-e213 Jatana, K. , Oplatek, A. , Stein, M. , Philips, G. , Kang, R. Elmaraghy, C. (2010). Effects of nasal continuous positive airway pressure and cannula use in the neonatal intensive care unit setting. Archives of Otolaryngology Head Neck Surgery, 136(3): 287-291.

No Clear Answer Concerning the Decriminalization of Prostitution Essay

No Clear Answer Concerning the Decriminalization of Prostitution To decriminalize or not to decriminalize? That is the question people in the United States and other nations have been asking themselves for decades. Many countries, including Costa Rica, Italy, Norway, and Singapore, do legally sanction certain forms of prostitution, and some find it odd that a nation like the United States, which prides itself so heavily on the principle of individual liberty, would forbid any type of activity between two consenting adults. Nonetheless, countless Americans find the prospect of legal prostitution offensive to their ideals concerning traditional moralism, sex, or womanhood. While morality debates may rage on, it does seem rather strange that almost all state governments in the U.S. still prohibit what seems to be a harmless, victimless activity. The truth is, though, that prostitution is not as harmless or victimless as it seems. In fact, all too often the women involved in the trade are not even working out of their own free will. Aside from the brutal realities of forced prostitution, other problems lurk beneath the surface, as well; but could the harm associated with prostitution be alleviated through decriminalization? It is impossible to know for certain exactly what would happen were legal prostitution a reality, but in order to effectively evaluate the consequences of such a change, the potential dangers and benefits must be considered. First of all, with legality, prostitution would become safer for both the client and the prostitute. There could very easily be a government registration system through which prostitutes could get a license, the monthly or weekly renewal of which would require health check-ups. S... ...oral sphere, the answers are largely subjective and based on personal feelings rather than on the objective reality of the world. The fact remains that there are people who are willing to buy and sell sexual pleasure, and a better question to ask is, what is the best way of managing these transactions that will result in the least possible harm and the most possible benefit? While there is no clear answer, it is clear that the spread of sexually transmitted diseases and the perpetuation forced or abusive labor could be diminished significantly with the decriminalization of prostitution. If the government, however, is not willing to fight the greatest evils associated with the business--the trafficking and forced labor of women and girls--these problems would likely grow worse with legalization, thus making it better for the United States to keep its current policy. No Clear Answer Concerning the Decriminalization of Prostitution Essay No Clear Answer Concerning the Decriminalization of Prostitution To decriminalize or not to decriminalize? That is the question people in the United States and other nations have been asking themselves for decades. Many countries, including Costa Rica, Italy, Norway, and Singapore, do legally sanction certain forms of prostitution, and some find it odd that a nation like the United States, which prides itself so heavily on the principle of individual liberty, would forbid any type of activity between two consenting adults. Nonetheless, countless Americans find the prospect of legal prostitution offensive to their ideals concerning traditional moralism, sex, or womanhood. While morality debates may rage on, it does seem rather strange that almost all state governments in the U.S. still prohibit what seems to be a harmless, victimless activity. The truth is, though, that prostitution is not as harmless or victimless as it seems. In fact, all too often the women involved in the trade are not even working out of their own free will. Aside from the brutal realities of forced prostitution, other problems lurk beneath the surface, as well; but could the harm associated with prostitution be alleviated through decriminalization? It is impossible to know for certain exactly what would happen were legal prostitution a reality, but in order to effectively evaluate the consequences of such a change, the potential dangers and benefits must be considered. First of all, with legality, prostitution would become safer for both the client and the prostitute. There could very easily be a government registration system through which prostitutes could get a license, the monthly or weekly renewal of which would require health check-ups. S... ...oral sphere, the answers are largely subjective and based on personal feelings rather than on the objective reality of the world. The fact remains that there are people who are willing to buy and sell sexual pleasure, and a better question to ask is, what is the best way of managing these transactions that will result in the least possible harm and the most possible benefit? While there is no clear answer, it is clear that the spread of sexually transmitted diseases and the perpetuation forced or abusive labor could be diminished significantly with the decriminalization of prostitution. If the government, however, is not willing to fight the greatest evils associated with the business--the trafficking and forced labor of women and girls--these problems would likely grow worse with legalization, thus making it better for the United States to keep its current policy.

Types of Aphasia

Aphasia is a communication disorder. It's a result of damage or injury to language parts of the brain. And it's more common in older adults, particularly those who have had a stroke. Aphasia gets in the way of a person's ability to use or understand words. Aphasia does not impair the person's intelligence. People who have aphasia may have difficulty speaking and finding the â€Å"right† words to complete their thoughts. They may also have problems understanding conversation, reading and comprehending written words, writing words, and using numbers.What Causes Aphasia? Aphasia may also be caused by a brain tumor, brain infection, or dementia such as Alzheimer's disease. In some cases, aphasia is a symptom of epilepsy or other neurological disorder. What Are the Types of Aphasia? Expressive aphasia (non-fluent): With expressive aphasia, the person knows what he or she wants to say yet has difficulty communicating it to others. It doesn't matter whether the person is trying to sa y or write what he or she is trying to communicate.Receptive aphasia (fluent): With receptive aphasia, the person can hear a voice or read the print, but may not understand the meaning of the message. Oftentimes, someone with receptive aphasia takes language literally. Their own speech may be disturbed because they do not understand their own language. Anomic aphasia. With anomic aphasia, the person has word-finding difficulties. This is called anomia. Because of the difficulties, the person struggles to find the right words for speaking and writing.Global aphasia. This is the most severe type of aphasia. It is often seen right after someone has a stroke. With global aphasia, the person has difficulty speaking and understanding words. In addition, the person is unable to read or write. Primary progressive aphasia. Primary progressive aphasia is a rare disorder where people slowly lose their ability to talk, read, write, and comprehend what they hear in conversation over a period of time. With a stroke, aphasia may improve with proper therapy.There is no treatment to reverse primary progressive aphasia. People with primary progressive aphasia are able to communicate in ways other than speech. For instance, they might use gestures. And many benefit from a combination of speech therapy and medications. What Are the Symptoms of Aphasia? The main symptoms of aphasia include: Trouble speaking Struggling with finding the appropriate term or word Using strange or inappropriate words in conversation

Effects Of The Rise And Fall Of The Oil Prices - 1123 Words

An article about a current event that discusses a change in the supply or demand of a product. This article covers the effects of the rise and fall of the oil prices in the global markets today. Crude oil is defined as a nonrenewable resource which occurs naturally. It is an unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals hence it plays a very crucial role in any economy. The demand for oil has a number of important facts that we can look at starting from 1980 to 2008 where the world’s demand increased by 40%, from 60m barrels per day to over 85m barrels. This was due to the increase in oil consumption of growing economies which make up approximately 66% of total world demand. The other fact is that the demand for oil is relatively inelastic with respect to price, given that oil has few direct substitutes. Similarly, demand for oil is relatively inelastic with respect to income of growing economies. However, income elasticity of demand in developing economies like China and India is likely to be higher. On the other hand, while looking at the supply and demand curve, a market is in equilibrium when the price of a good or service tends to stay the same. Equilibrium is the price at which the quantity demanded by consumers is equal to the quantity that s supplied by suppliers. When either demand or supply changes in any way,Show MoreRelatedIs Oil A Blessing Or A Curse?1521 Words   |  7 PagesIntroduction Is oil a blessing or a curse? This report will be focusing on the above question to determine how both the rise and fall in the prices of oil has affected the aggregate demand and aggregate supply of a nation that relies solely on oil for its revenue. The report would clearly shows the Aggregate Demand (AD) Curve in respect to its effects on the oil-exporting nation, United Kingdom. The cause of oil prices drop and impacts of the economy due to shift of the AD and will demonstrateRead MoreEssay about The British Economy1723 Words   |  7 Pages Explain and illustrate the effect of this shock, and the courses of action the Government and the Bank of England are, in your opinion, likely to take as a consequence. Discuss the implications for business of both the initial shock and the following Government and Bank actions. You should assume that the Government of the day has committed itself to full employment, â€Å"prudent† public spending, and no major tax increases. The Bank has an inflation target of 2 .5% pa. A long run equilibrium is oneRead MoreEffects Of Oil Prices On Global Economy1200 Words   |  5 PagesStudent’s Name: Professor’s Name: Course: Date: Effect of Oil Prices on Global Economy Evidently, the connection between fuel and the world has resulted in an intimate relationship between global economy and the prices of oil. In this regard, the world is increasingly growing dependent on petroleum and, as such, it follows that matters concerning fuel prices are bound to affect the global economy. Be it a slump or a rise, oil prices factor significantly in every country regardless of if the givenRead MoreA Brief Note On The Global Price Of Petroleum Exporting Countries Essay1219 Words   |  5 Pagesthe separate effects on GDP, inflation and public sector borrowing on any single national economy ( unnamed) of: a. a rise in the global price of oil Figure 1.1 Oil Supply, demand and price Source: euanmearns.com Figure1.2 SRAS shifts as a result of a negative cost shock Source: http://www.harpercollege.edu/ Higher oil price would make products price go up and moves AS curve from AS to AS1, therefore, the rise in the globalRead MoreDiscuss How Rising Oil Prices Might Affect the Macroeconomic Performance of an Economy682 Words   |  3 PagesDiscuss how rising oil prices might affect the macroeconomic performance of an economy. (25 marks) There are four main macroeconomic objectives of the government it wishes to achieve in order to maximise the welfare of the society, they are: low and stable inflation, a favourable current account position on the balance of payments, low unemployment and sustained economic growth. One macroeconomic objective that might be affected by rising oil prices is the current account of the balance of paymentsRead MoreThe Economic Impact On The Economy995 Words   |  4 PagesOil is a huge part of everyone’s everyday life. From transportation to heating homes and businesses, oil prices are always dramatically changing due to the constant change of supply and demand. The economic impact that the price of oil has on the U.S economy continues to rise and fall due to political instability. Americans especially have a heavy reliance on oil, especially on foreign origins. The increasing price of oil has spiked large concerns and has become a major global debate. 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What factors are causing this unremitting increase and what are the likely consequences for consumers and the global economy? What is causing the latest price spike? This was triggered by concerns about violence in Nigeria and Algeria as well as theRead MoreThe Core Concepts Of Economics1241 Words   |  5 PagesSupply are the core concepts of economics. Demand states the quantity of a product one requires to fulfill his needs at particular price stand. On the other hand supply refers market offering of a product at specific price level. There are numerous constituents that affect the Demand of a product. For example Price, availability of alternative products in market, price of the alternative products, buyers’ income, buyers’ purchasing power parity, number of buyers available in the market, changes inRead MoreDoes Oil Pri ce Shocks Affect Business Cycles?994 Words   |  4 PagesIt is often said that oil price shocks affect business cycles, triggering a detrimental effect on the economic activity of some countries when they rise and a favourable effect when they fall. One instance could be the U.S., where the data suggests that most recessions after 1973 have been headed by oil price increases, which is often taken as evidence of recessions being caused by oil price shocks. This brings up to question through which channels oil price shocks might be transmitted to economic

The Synthesis Of A Medicinal Agent Essay - 938 Words

The Synthesis of a Medicinal Agent – Aspirin IDC 3002H – EMWH Dylan Chow 9/14/2016 Abstract: In this experiment, aspirin was synthesized from a reaction between salicylic acid and acetic anhydride. Acetic anhydride was added to salicylic acid to create a solution and phosphoric acid was added to catalyze the reaction. After the salicylic acid was fully dissolved in a boiling water bath, water would be added to decompose the remaining acetic anhydride. Through the process of filtration, aspirin crystals were collected and separated from the remaining acetic acid-water solution. Then, the product of the reaction would be weighed at 3.68 g and tested for purity. Overall, the experiment was successful in producing aspirin with little impurity. I. Introduction The purpose of the experiment is to produce common drugs from organic materials. In theory, the experiment tests the idea that the therapeutic drug aspirin can be synthesized from a reaction between salicylic acid and acetic anhydride. Because consuming pure salicylic acid, a derivative of willow bark, can caused stomach pains and be difficult to consumer due to its extremely bitter taste, producing aspirin is of great importance. Aspirin is pleasant to take orally and it only breaks down when it reaches the small intestine, causing little to no damage to the stomach. To meet the primary objective of producing aspirin, a reaction called esterification needs to be undergone. This reaction changes salicylic acidShow MoreRelatedDrug Classification System ( Atc )904 Words   |  4 Pagespharmaceutical drug, also called a medication or medicine, is a chemical substance used to treat, cure, prevent, or diagnose a disease or to promote well-being. Traditionally drugs were obtained through extraction from medicinal plants, but more recently also by organic synthesis. Pharmaceutical drugs may be used for a limited duration, or on a regular basis for chronic disorders. Pharmaceutical drugs are often classified into groups of related drugs that have similar chemical structures, the sameRead MoreSolid Phase Of Polymer Bound 2955 Words   |  4 Pages A 1,3,4-thiadiazole library was constructed by solid-phase organic synthesis. The key step of this solid-phase synthesis involves the preparation of polymer-bound 2-amido-5-amino-1,3,4-thiadiazole resin by the cyclization of thiosemicarbazide resin using p-TsCl as the desulfurative agent, followed by the functionalization of resin by alkylation, acylation, alkylation/acylation, and Suzuki coupling reaction. 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Most of the people living in rural areas depend on herbal medicines for treatment of some common diseases such as cold, cough, fever, bronchitis, asthma, stomach ache and many more. This is because people in rural and semi urban areas are devoid of proper medical facilities and since plants are easily available for them, theyRead MoreMedicinal Chemsitry1138 Words   |  5 Pages Topic: what is Medicinal Chemistry in the 21st century? | Name Kambura N. 201405016 | Lecturer:B.A. RickertsF Group | TABLE OF CONTENTS 1†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Cover page 2†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Introduction: What is Medicinal chemistry? 3†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...Body: The pharmaceutical industry Global generics Chemistry in a nutshell 4†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ConclusionRead MoreCarbohydrates Case Study735 Words   |  3 Pages3.6.7. Biguanides: Biguanides are other class of oral antidiabetic agents which decreases glucose absorption from the intestine. These are the class of drugs which control all types of diabetes. These are also used to treat mild diabetes during pregnancy (Singh, 2011). The recommended first line treatment used as an insulin sensitizer is metformin and it is the only biguanide available. Widely used in elderly individuals because it effectively lowers blood glucose, has a lower risk of hypoglycemiaRead MoreEssay On Silver Nanotechnology864 Words   |  4 PagesAnti-fungicidal activities, Anticancer studies, Antiviral effects, antioxidant activity etc.6 In recent years, among these applications, antioxidant activities have attracted a great deal of attention in controlling degenerative diseas es. 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About 40% of the chemical scaffolds observed in natural products are deficient in today’s medicinal chemistry and thus become complementary to synthetically developed molecules. Perhaps, this is the vital reason for the historical success of medicinal plants in drug discovery. In fact, 45% of today’s bestselling drugs have been originated from natural sources. Another important benefit of natural products lies with their

Essay on psych journal review - 2291 Words

PSYC101 Journal Article Review Assignment - Part 1 Article Content Identification and Summary Due: 11:55pm ET Sunday at the end of Week 3 of the 8-week course term You may work on this assignment ahead of its deadline but may not submit it prior to Week 3. Points Possible: 60 OVERVIEW: This is Part 1 of a two-part assignment designed to guide you through the steps of critically reviewing a published, evidence-based, scholarly journal article. This is an activity in which students engage frequently across their college careers in the completion of a variety of assignments. The article you review will be selected from the classroom Resources folder. For Part 1 and Part 2 of this assignment, demonstration of foundational skills†¦show more content†¦In the space below explain why you picked the article you selected for this assignment from the classroom Resources folder. Include a description of what about the focus of the article you chose captured your interest and why. I chose â€Å"Smoking behavior and motivational ï ¬â€šexibility in light and heavy smokers,† (Darlow Lobel 2012) because I have never understood why people chose to smoke. You know that smoking is bad for your health when you start smoking and you know it is hard to quit so why do people even start smoking in the first place? This article captured my interest because I work with a lot of people that smoke and have been smoking for years and I always wondered what their motivation was to smoke. I have also always wondered if there were certain triggers that caused them to, â€Å"crave,† a cigarette. I think learning why people smoke and what dictates when they do it would be informational. 2. APA Citation Format Show in the spaces below how you would source credit and reference-list (in APA formatting style), if you were writing a formal paper, the article you selected in the body of the paper and in a Reference list that would be attached to the end of the paper (for examples of how to correctly source credit in APA formatting style see the classroom Resources folder entitled, â€Å"APAShow MoreRelatedMy Vision And Plans For Personnel Psychology1575 Words   |  7 Pageslook forward by first looking back. From its inception, P-Psych (as it has become known) concerned itself with the application of psychological methods, understandings, techniques and findings to the study of personnel problems (Taylor Mosier, 1948, p. 1). Within this context, personnel was a short-hand way to describe people at work, not a particular organizational unit or topic domain. 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Accounting Case Study BTG Plc - Click to Solution

Question: Discuss about the Accounting Case Study for BTG Plc. Answer: Introduction: The overall report mainly helps in evaluating the current financial strength of BTG Plc for past five years. In addition, the novice with the help of effective ratios is able to provide relevant information, which might help in depicting the accurate financial position of the company. Moreover, the overall implementation of profitability and liquidity ratio in the study mainly helps in evaluating the financial performance of BTG Plc. In addition, with the help of liquidity ratio the novice is able to depict the overall ability of BTG Plc to fulfil its short-term obligations. Ratio analysis of BTG Plc: Particulars 2012 2013 2014 2015 2016 RATIOS Profitability Ratios Gross Profit Margin (3) 71.42% 71.25% 67.30% 68.81% 68.54% Operating Profit Margin 8.78% 9.67% 11.12% 7.67% 11.64% Return on capital Employed (ROCE) 3.26% 3.46% 3.89% 3.61% 5.91% Profit Margin ratio 7.41% 7.02% 8.36% 9.14% 13.52% Liquidity Ratios Current Ratio 2.990 3.611 1.665 1.796 2.380 Quick Ratio 2.340 2.817 0.933 1.077 1.588 Financial Gearing Debt ratio 0.197 0.201 0.255 0.275 0.262 Inventory turnover ratio 2.694 2.980 3.777 3.399 3.237 Asset turnover ratio 0.396 0.447 0.464 0.419 0.408 Investment Ratios Price/Earnings 74.11 114.51 116.21 75.39 39.97 Earnings Per Share (pence) 0.045 0.050 0.068 0.091 0.158 Earnings Per Share Growth 31.76% 11.99% 36.37% 33.50% 73.14% NAVPS 1.246 1.318 1.493 2.062 2.216 Retained Earnings (128,600,000) (108,400,000) (80,000,000) (40,600,000) 28,700,000 Outstanding Shares 325,900,000 326,900,000 355,200,000 367,900,000 382,600,000 Market Share price 332 574.5 795 688.5 632 Table 1: Depicting the ration for BTG Plc from 2012 to 2016 (Source: Morningstar.com 2016)) The overall table 1, mainly helps in evaluating the overall ratio, which could be used in depicting the financial position of the company. In addition, with the help of liquidity, profitability and financial ratio the overall financial stability of BTG Plc could be effectively evaluated. In this context, Lartey et al. (2013) stated that ratios mainly help investors to decode the financial statement of the companies and effectively make adequate investment decision. Moreover, BTG Company has not been paying any divided to its shareholders over the period of five year. In addition, the negatively retained earnings from 2012 have been declining from 2012 to 2016. Moreover, the current retained earnings of the company are at around 28,700,000, which might help the investors to make adequate investment decisions. Profitability ratio: Figure 1: Showing the profitability ratio of BTG Plc from 2012 to 2016 (Source: Morningstar.com 2016)) With the help of profitability ratio, like gross profit margin, operating profit margin, return on capital employed, and profit margin ratio, the overall performance of the company could be effectively evaluated. In addition, figure 1 mainly helps in depicting the performance of the company from 2012 to 2016, which might help investors to make adequate investment decisions. In addition, the overall gross profit of the company mainly declined from 2012 to 2016, which mainly indicates the rising cost of revenue incurred by the company. Parsian and Koloukhi (2014) stated that gross profit margin investors are able to detect the efficiency of the companys management in which they are willing to invest. Moreover, return on capital employed of BTG Plc mainly increased from 2012 to 2016 indicating an efficient management system, which is focused in improving its profitability. In addition, the rising ROCE mainly helps in depicting the increasing capacity of the company to generate more income from the same capital. However, 2015, the capital employed of the company declined from previous year. In addition, in 2016 the ROCE of the company increased exponentially, which in turn might help investors to make adequate investment decisions. On the contrary, Fito et al. (2013) mentioned that ratios do not help the investors to make future prediction, which might in turn increase investment risk. In this context, Brou and Krueger (2016) further stated that ratios are not able to accommodate changing price rate due to inflation, which might be crucial to analyse actual increase in revenue of the company. In addition, with the help of figure 1, the overall operating profit margin increased from 2012 to 2013. Moreover, a steep decline in 2015 could be seen, which might be incurred due to decline in sudden revenue generation capacity of the company. However, stable growth in operating margin resumed in 2016 after decline in 2015. On the other hand, Bentley et al. (2013) criticises that some companies use unethical measure in inflating their financial statement, which helps in depicting an affect financial position to potential investors. In addition, comparison of ROCE and operating profit margin mainly helps in indicating the capital employed during 2015, was more or less adequate to generate the required operating profit for BTG Plc. Moreover, figure 1 also helps in evaluating the profit margin of BTG Plc, which has been relatively increasing from 2012 to 2016. In addition, the evaluations of net profit margin ratio mainly help investors to depict the overall percentage increase in profit acquired by the company. In addition, with the help of gross profit ratio and net profit ratio of BTG Plc, investors could derive its overall administrative expenses over the period. Lartey et al. (2013) mentioned that decrease in administrative expenses mainly help the company to retain more income, which could be used in future investment scope. On the other hand, Parsian and Shams (2014) criticises that reduction in administrative expenses might reduce capability of the company to advertise its products and attain higher sales figure, which might in turn help in obtaining sustainable growth. Moreover, the investors with the help of gross and profit margin ratio are able to determine the overall administrative expense conducte d by the company to support its revenue generation capacity. Liquidity Ratio: Figure 2: Showing the Liquidity ratio of BTG Plc from 2012 to 2016 (Source: Morningstar.com 2016)) Figure 2, mainly helps in evaluating the overall liquidity ratio of BTG plc from 2012 to 2016. In addition, the overall current ratio of the company has been mainly close to 2.5, which depicts its inefficiency to utilise assigned assets and liabilities. However, during 2014 and 2015 the current ratio of the company was below 2 indicating a volatile state, which might have increased risk for the investors. However, currently in 2016 the current ratio of the company is around 2.38, which mainly states adequate financial stability. Fito et al. (2013) argued that due to the inappropriate assumption of current ratio investors are not able to detect the adequate financial condition of the company. Furthermore, the overall quick ratio of BTG Plc could also be evaluated from figure 2. In addition, during 2012 to 2013 the company quick assets mainly increased from 2.340 and 2.817. However, drastic decline in quick ratio of the company could be seen in 2014, which might negatively affect its capability to support short-term obligations. However, from 2015 the quick ratio of the company mainly increased indicating a higher current assets accumulation conducted by the company. Brou and Krueger (2016) stated that quick ratio allows investors to analyse ability of the company to pay its short-term obligations by not selling its long-term, assets. On the other hand, Bentley et al. (2013) criticises that decrease in current ration mainly indicates the inability of the company to support its endeavours with attained sales revenue. Financial Ratio: Figure 3: Showing the Financial ratio of BTG Plc from 2012 to 2016 (Source: Morningstar.com 2016)) In addition, with the help of figure 3, the overall financial ratio of BTG Plc from 2012 to 2016 could be effectively evaluated. Moreover, the debt ration of the company has been increasing from 2012 to 2015 indicating a low financial stability of BTG Plc. However, the debt ratio of the company is less than 0.50, which mainly depicts a low risky stock for the investors. Lartey et al. (2013) argued that increased debt ratio mainly indicates a volatile stock, which might increase risk of the investors. Moreover, the inventory turnover ratio of the company is also increasing from 2012 to 2016, which mainly depicts the higher inventory blockage conducted by the company over the past fiscal year. On the other hand, Parsian and Shams (2014) criticises that increased inventory blockage mainly reduce vital working capital of the company, which in turn might also affect its productivity. In addition, the figure 3 mainly helps in evaluating the assets turn ratio of BTG Plc. Moreover, the rising asset turnover ratio of the company from 2012 to 2014 mainly helps in depicting the effective use of its assets. However, from 2014 to 2016 the overall asset turnover ratio of the company mainly declined, which indicates its inefficiency to manage its assets. However, the current asset turnover ratio of the company is 0.408, which might be used by the investors to make adequate investment decisions. Fito et al. (2013) argued that during an economic crisis the value generated from ratio loses its friction and might depict a wrong valuation for the company. Evaluating the critical reflection portrayed journalist for BTG Plc: BTG group has currently acquired Galil Medical for e consideration amount of $84.5 Million and 25.5 Million in future mile stone payments (Prnewswire.com 2016). Moreover, the acquisition of Galil has mainly helped the BTG group to increase its service quality. In addition, the Galil Medical has been a portrayed as the global leader in innovative cryoablation solution, which might help patients with their treatments (hl.co.uk 2016). Furthermore, the addition, of Galil in the BTG family has mainly helped the company to increase its overall efficiency and technology to support its future endeavours in satisfying their service users. Moreover, BTG plc could make effective treatment in areas such as bone, kidney, liver, lung, and prostate. Analysing the Corporate governance of BTG Plc: The overall corporate governance of BTG Plc mainly depicts the fundamental belief of the company to maintain successful operations. In addition, the company has specifically designed there corporate governance code as per the defined UK Corporate Governance Code. Moreover, the company also complies with the rules laid down by FRC (Financial Reporting Council), which might help in depicting an effective financial statement of the company (Btgplc.com 2016). In addition, the corporate governance of the company mainly includes sections, which might be used in describing the overall structure, responsibilities, and roles of the board. In addition, effectively displays high standard of ethical and professional practise in their operations. Moreover, the code of conduct implemented by the company mainly helps in reducing unethical measures to increase their revenues. In addition, the code of conduct mainly helps in depicting the principles, policies and procedures, which might help in maint aining the required level of authority in its operations. Depicting adequate investment opportunity by evaluating the asset value per share and current share price of BTG Plc: Figure 4: Showing the Earning per share of BTG Plc from 2012 to 2016 (Source: Morningstar.com 2016) With the help of figure 4, the overall increase in Earnings per share of BTG Plc could be effectively evaluated. In addition, it could be seen in the above figure that EPS of the company mainly decreased in 2013 compared to 2012, indicating a lower income generated by the company during that fiscal year. In addition, the overall increase in EPS of BTG Plc could be seen from 20s13 to 2016, which mainly indicates the overall profits generated by the company for previous three fiscal year. Parsian and Shams (2014) stated that investors with the help of EPS valuation are able to determine the status of the company and how much return it could provide in a year. Figure 5: Showing the Share price of BTG Plc from 2012 to 2016 (Source: uk.finance.yahoo.com 2016) Moreover, with the help of figure 5, the overall revenue generated from BTG plc shares in five-year horizon could be effectively evaluated. Moreover, the share price of the company started from as low as 320 in 2012 and reached 800 in 2015. This rapid growth in share price mainly indicates the higher trust of investors in the company. In addition, the overall NAVPS of BTG Plc as depicted in table 1, has been effectively rising from 2012 to 2016. Moreover, the rising NAVPS mainly indicates the investors interest in the overall shares of the company. However, the ideal NAVPS is mainly 1, which indicates the shares of the company is not at discounted rate. Thus, it could be conducted that NAVPS indicates that it is not the ideal time for investment and the investors might wait until the NAVPS comes closer to 1 or below to purchase BTG Plc stocks. Figure 6: Showing the investment strategy for BTG Plc from 2012 to 2016 (Source: Tradingview.com 2016) Based on the current price patters of BTG Plc short-term trade could be conducted by the investors, by buying the stock at current level with tight stopples of 552 and target of 796. This trading strategy mainly has 12.63% of risk and income opportunity of 25.90%., which might help investors to get a 50-50 risk to opportunity ratio from investment. Conclusion: The overall study mainly helps in depicting the current financial position o BTG Plc from 2012 to 2016. In addition, the novice with the help of ratio analysis has depicted the overall financial performs of BTG Plc during its five year tenure. In addition, with the help of NAPVS and EPS ratio the novice is able to detect adequate investment opportunity for investors. Moreover, the overall corporate governance implemented by BTG plc is effectively described in the assignment. Lastly, the novice with the help of effective evaluation is able to portray adequate investment opportunity, which might be used in improving overall return from investment in short-term period. Reference: Bentley, K.A., Omer, T.C. and Sharp, N.Y., 2013. Business strategy, financial reporting irregularities, and audit effort.Contemporary Accounting Research,30(2), pp.780-817. Brou, F.B. and Krueger, T.M., 2016. Continental and National Differences in the Financial Ratios of Investment Banking Companies: An Application of the Altman Z Model.Journal of Accounting and Finance,16(3), p.37. Btgplc.com. (2016).BTG plc | Press Releases. [online] Available at: https://www.btgplc.com/media/press-releases/ [Accessed 24 Aug. 2016]. Fit, M.., Moya, S. and Orgaz, N., 2013. Considering the effects of operating lease capitalization on key financial ratios.Spanish Journal of Finance and Accounting/Revista Espaola de Financiacin y Contabilidad,42(159), pp.341-369. hl.co.uk (2016).BTG plc (BTG) Ordinary 10p Share Price | BTG. [online] Available at: https://www.hl.co.uk/shares/shares-search-results/b/btg-plc-ordinary-10p [Accessed 24 Aug. 2016]. Lartey, V.C., Antwi, S. and Boadi, E.K., 2013. The relationship between liquidity and profitability of listed banks in Ghana.International Journal of Business and Social Science,4(3). Morningstar.com. (2016).BTG BTG PLC XLON:BTG Stock Quote Price News. [online] Available at: https://www.morningstar.com/stocks/XLON/BTG/quote.html [Accessed 24 Aug. 2016]. Parsian, H. and Shams Koloukhi, A., 2014. A study on the effect of free cash flow and profitability current ratio on dividend payout ratio: evidence from Tehran Stock Exchange.Management Science Letters,4, pp.63-70. Prnewswire.com. (2016).Galil Medical Announces Agreement To Acquisition By BTG plc. [online] Available at: https://www.prnewswire.com/news-releases/galil-medical-announces-agreement-to-acquisition-by-btg-plc-300264295.html [Accessed 24 Aug. 2016]. Tradingview.com. (2016).TradingView: Free Stock Charts and Forex Charts Online.. [online] Available at: https://www.tradingview.com/ [Accessed 24 Aug. 2016]. uk.finance.yahoo.com (2016).BTG plc. [online] Available at: https://uk.finance.yahoo.com/q?s=BTG.L [Accessed 24 Aug. 2016].