Understand the Sources of Finance Available to a Business Essay

Understand the Sources of Finance Available to a Business - Essay Example Understand the Sources of Finance Available to a Business In every business, the availability of finances is an inevitable need. These are credits given by suppliers to manufacturers or traders, who pay for the goods after sales. The business, therefore, can acquire goods without paying for them instantly. Trade credits are advantageous since the business makes payment after the expiry of the period given. It is disadvantageous since there is no extension of the arrangement after the expiry period. Commercial banks may grant bank credits to a business, which act a source of business finance. The credit is useful for starting or expanding the business. The possibility of extension of bank credits’ payment period makes it advantageous as a source of business finance. The need for collateral to get bank credits forms one of its disadvantages. Bill discounting is another source of business finance. Banks deduct discounts during payments, equal to the remaining period’s interest. It is advantageous since cash is available immediate ly to the business. It, however, turns disadvantageous when the business is not credit worthy. It uses the business’ credit-worthiness to grant finance to the business. Customer advances are sources of business finance. These are advance payments made by the customer, mainly on large orders. It is advantageous since it does not need tangible security. ... It involves paying a small portion of the cost of purchase and settling the balance on installments. This is advantageous because there is delivery of the asset after paying the down payment. Other payments, therefore, comer later and the business has time to acquire finances. It, however, is disadvantageous because the business is under obligation to pay the installments whether it makes losses or have profits. The business constrains to pay the installments, in case of losses. Finance from co-operatives is a source of business finance. They can help in coming up with short-term finance and such loans need little security. They are advantageous because small business can avail them easily. It is disadvantageous since its availability is limited to co-operative members. Issuance of shares is a good source of business finance, mainly for long-term use. A business may issue preference or equity shares. Contrary to equity shares, preference shares have preferential rights. Shares have s everal merits. It is a reliable source of additional capital. Shareholders are also able to earn dividends from their investments. The demerits of shares may occur when equity shareholders, who have voting rights, take control of the business. This may bring the possibility of conflict of interest that may hinder a company’s smooth functioning. Debentures are loan certificates issued to the public. They are financial source if the business needs a large amount of funds. A business may have redeemable, irredeemable, convertible, or non-convertible debentures. The advantage of debentures as a source of finance for the business is the lack of control overs the business by debenture holders. It is reliable as a source of finance for business. The greatest disadvantage of

Importance of Play in Children Development

Importance of Play in Children Development Play is special. Not only is it fun, but it is very important to childrens development. Play is one of the most important means by which children learn. Through natural activity they create roles that imitate adult behavior. Children think, create, imagine, communicate, make choices, solve problems, take risks, build physical skills and take on a variety of roles as they interact socially. Play is essentially motivating and offers children the freedom to explore an activity tolerant by adult parameters of measured outcomes, testing and accountability. Play supports learning, promotes language and social development and enhances creativity in children and adults. Children who learn healthy play skills feel capable, have successes, make friends and learn non-violent ways to interact with others. Children learn more efficiently and effectively through play than one can imagine. The beauty of this learning and growing time is that the motivation for a young child to do it is already ther e-its enjoyable. The Development of Play The surreptitious to helping young children succeed, is to keep the spirit of creativity and of playful learning alive and active. Childrens learning is a mixture of their own deep inner force to grow and learn attached with their imitation of the adults in their environment. An important milestone in play, the capacity for make-believe play also known as fantasy play occurs at around two and a half or three years of age. Before that, children are more oriented to the real world: their own bodies, simple household objects like pots, pans, and wooden spoons, and simple toys like dolls, trucks, and balls. Toddlers imitate what they see around them; common play themes include cooking, caring for baby, driving cars or trucks, and other everyday events. These themes continue and develop after age three, but now children are less dependent on real objects and create what they need from anything that is at hand. Their ability to enter into make-believe allows them to transform a simple object into a play prop. The three-year-old becomes so engaged in make-believe play that objects seem to be in a regular state of transformation. No play episode is ever finished; it is always in the process of becoming something else. The playful three-year-old often leaves a trail of objects as her play evolves from one theme to the next. In contrast, four-year-olds are generally more stationary and thematic in their play. They like to have a house to play in, which might also be a ship or a shop, and many enter the pack-rat stage where they fill their houses with objects so that it seems they cannot freely move around. This does not bother them at all, however. Like three-year olds, they are inspired in the moment by the objects before them. They are quite spontaneous in their ideas for play. The fantasy play of the five-year old is characterized by the ability to have an idea and then play it out rather than being encouraged in the moment by the object at hand as is the case with three and four year olds. Often, five-year olds will say what they want to play as they enter the kindergarten. There is one more important aspect to the development of make-believe plays that usually does not occur until children are six years old. At this age they will often play out a situation without the use of props. They may build a house but leave it unfurnished, then sit inside it and talk through their play, for now they are able to see the images clearly in their minds eyes. This stage can be described as imaginative play, for the children now have the capacity to form a well expressed inner image. In all of these stages of dramatic play children may play alone or with others. However, the way children engage in social play with others changes over the years. The one year old tends to play alone, while social play of two year-olds is generally called parallel play for young children play side by side without fully interacting with each other. The children enjoy playing with each other, but generally they are not deeply invested in each other. They enjoy playing together when they are in nursery school, but tend to forget about each other when they are apart. The social play of five and six year olds is different. The doors to deeper social relationships are opening for them. They form friendships and talk about their friends at home. They think about their friends when they are apart. They may want to call them on the phone or visit in their homes. Rationale for Play Informal play settings allow children to practice language skills involving vocabulary, syntax and grammar. English language learners particularly benefit from language interactions during play. These language skills later assist with reading, writing and math development. All the processes involved in plays such as repeating actions, making connections, extending skills, combining materials and taking risks provide the essential electrical impulses to help make connections and interconnections between neural networks, thus extending childrens capabilities as learners, thinkers and communicators. Physical: Play is an integral part of the growth of a healthy child. lt fosters opportunities to develop large and small motor skills as well as coordination, balance and muscle tone. Active Movement provides an outlet for children to release energy and challenges their developing physical bodies. The ancient Greeks recognised the value of play in the developmental and growth period of childhood. Experts in todays world of education also believe that play is essential. Social: Educators know children learn best in situations that are non-threatening, flexible and fun. Self-selected play joins children of like interests in situations where they can engage in self-directed conversations. Creating opportunities for play can lower stress and help prevent violence by offering safe and acceptable situations for interaction. In the early childhood classroom most students engage in age-appropriate conversation with their peers. Shared interests encourage them to pay attention to others, ask questions, offer help, make suggestions and provide feedback. Intellectual: Children benefit greatly when they are occupied in interactive play and are free to share their k knowledge with other children. Curriculum is more effective when presented with materials that are open-ended can be easily manipulated. Through spontaneous and creative play with a minimum of teacher intervention children are free to grow and manifest their understanding of concepts. Emotional During play children are able to control situations that are not theirs in the real world. By exploring possibilities in play situations, children display confidence and competence as they plan and make decisions. Play provides a place where children can act out feelings about difficult emotional events they may face. Vygotsky believed that children involved in imaginative play will renounce what they want, and willingly subordinate themselves to rules in order to gain the pleasure of the play. He argues that in play they exercise their greatest self-control. ln a Vygotskian model, if we accept the distinction between play as such and play in schools we can see that in order for play to be valued it needs to be located securely within the curriculum structure and organizational framework. Clarifying the role of adults in this process is, therefore, essential. Stages of Play Play is spontaneous, observables, solitary or parallel, associative, symbolic and cooperative. Positive unrestricted play can be a joyous activity that reaps many rewards. Children generally play by building on their previous experiences. They may engage in any of the different types of play at any time. When children are in a healthy environment, they progress through each stage at their own level of development. . Unoccupied Play. Children learn by observing others without interaction. . Onlookers. Children focus intently on watching others play. They may engage in conversation but do not otherwise participate. . Solitary or independent play. Children play by themselves with no interest in what others are doing even if they are physically close. . Parallel play. Children play alongside others with similar objects such as blocks; however, they do not play with each other but side by side separately. . Associative play. Children engage in the same play activity without an organised goal. They may share blocks or tools but do not build the same structure. . Cooperative Play. Children are organised, have a specific goal and have a sense of belonging to a group. It is the beginning of teamwork and doing projects where they work or play together Conclusion As play disappears from the background of childhood, we need to recognise that its downfall will have a lasting impact. Decades of persuasive research have shown that without play, childrens physical, social, emotional, and intellectual development is compromised. They will develop without much imagination and creativity. Their capacity for communication will be reduced and their affinity towards aggressiveness and violence will increase. In short, human nature as we have known it will be deeply changed, increasing many of the problems that are already afflicting children and society. If we do not invest in play, we will find ourselves investing much more in prisons and hospitals, as the incidence of physical, and mental illness, as well as aggressive and violent behavior increases.

The House On MAngo Street Essay example -- essays research papers

Everyone has specific characteristics and qualities that make them the way they present themselves. Young, middle-aged, and old people are constantly forming the essentials that affect their self-awareness through their daily activities. Forming one’s identity is an ongoing process, because every person in the world can change people one way or another. In The House on Mango Street, the experiences young Esperanza faced day to day develop her true individuality. Young people are easily persuaded and if someone so desired, they could mold them into the person they want. Commonly, young children develop their identity from going the school, playing with other children, and from their home life. When children go to school, if they are teased for being ethnic, colored, unkempt or anything else, this could cause them to be introverted, or ashamed of how they present themselves. On the other hand, the constant teasing from schoolmates may begin to brew strong feelings of anger. If they are rejected by society, when they are just starting to form an identity, this will probably have a negative effect upon them and their surrounding communities.   Ã‚  Ã‚  Ã‚  Ã‚  The identity, also, comes largely from the family, neighborhood and a small crowd of friends. A supportive and functional home life will be positive to a little child’s identity. If children see their parents fighting, the neighborhood they live in is a slum, they are around drugs and addictions, and then most...

Republican Motherhood

Kaley Ganey and Allie Linaugh October 15, 2012 Stuart Harmening APUSH The Republican Motherhood and Education for Women The republican motherhood was essentially the beginning of the new era for women. Before, women were not allowed to go to school, and we not educated as they were thought to belong in the home. Before the late eighteenth century, their role was to God and the care of the home and their children.However, Enlightened thinkers knew that it was the role of the mother to make sure her sons morals and values were in pace, and also they knew the future of the United States was dependent on mothers. For these reasons, the education of women became more important and more accepted. Women were responsible for instilling proper values, and an education in the principles of liberty and government into their sons. What didn’t make sense was, women were not educated well enough, sometimes they were able to write their names, and read small stories, but not all the time.Dur ing the late eighteenth century, the idea of educating women became more and more practical. If a woman were to educate their children, the future leaders and government officials of America, shouldn’t the woman be well educated themselves? After much thought and consideration, it was believed that women should be taught to read, write, do simple math, and also should be knowledgeable about the English language.With their education, women were better able to educate their sons, which was better for the country in the long run. People justified the education of women by saying that it was a woman’s duty to her country to educate her sons; therefore she should be educated as well. Putting the responsibilities of children in the hands of the women essentially put the future of America in their hands. The women were the ones filling the heads of children with knowledge, and teaching them how to better serve their country.

Auto Biography

was born and brought up in Houston, Texas. Ours is a family of four with my parents, me and my younger brother. The schooling years of my life were toughest. I struggled a lot in my studies. The standardized procedure of education never interested me. I was an average student throughout my academic life. Extra-curricular activities like sports, drawing, crafts, etc. were my favorite things. I just remember that it was the second semester of 8th grade when I stood first in class.However, it didn't serve any purpose in motivating me to take up studies seriously. I enjoyed understanding the concepts more than just memorizing ready-made notes. After completion of my schooling and college in the science stream, I chose to become a painter. It was a weird decision taken by me at that time. Today, however, I don't regret it at all. My career in painting began a smoothly and I was more than happy to grab the right opportunity for which I was waiting so long.Today, I am happy with my life and enjoy it to the fullest. The positive attitude to face hardships brought out the best in me. Today I am looking forward to face the challenges of life in a positive manner. The content presented in the example above gives only a rough idea of how an autobiography should start; one can use a similar write up as an example of autobiography for college projects. Writing an autobiography is a huge effort and requires patience to put the facts and experiences in a proper manner.Autobiographies are detailed accounts of a person's life and should be written with care and responsibility. The autobiography sample provided in the article above provides an idea about how to write about yourself in an interesting manner. Autobiographies are detailed accounts of our lives which help in remembering the happy and sad moments as well. One can draw inspiration from the tough times of the past and move on in life with a positive attitude. Read more at Buzzle: http://www. buzzle. com/articles/autobio graphy-sample. html