Giberson Glass Studio Essay - 943 Words

Course Title: Financial Management Assignment: Mid Semester Exam Giberson’s Glass Studio Pages: 6 Table of Contents Executive Summary 3 Production Schedule 4 Product Mix 5 Product Mix and Schedule 6 Cash Flow 7 Budgeting and Finance 7 Income Statement 7 Balance Sheet 7 Executive Summary Giberson’s Glass Studio was founded to produce exquisite hand made glass by Edward Giberson in 2002 and The main problems facing the company are the production schedule and usage of the principle skill set, namely Mr. Giberson. While the business currently operates at a profit, it is not able to provide the $25,000 minimum in wages that is needed. By changing the production schedule, product mix and using†¦show more content†¦Casual duty list - Light glory hole each morning (10 hrs), Cold work (7 hrs), Packaging and Shipping (5 hrs), Tidying and Miscellaneous (2 hrs) Product Mix The other important change to bring the company into profitability is to change the product ratios and focus on the more financially rewarding items. By observing your work over the last 6 weeks, I can show that the majority of Hot Time is spent on Wrapped Tumblers and Patterned Glass. These products actual have the lowest sale price and therefore the lowest return on both time and materials. |Product |Glass Content |Hot Time |Cold Time | |Revenue | 3,341 |3,560 |6,832 | |Cost of Materials | 180 |180 |180 | |Gas | 1,000 |860 |860 | |Operating Costs | 915 |1,045 |1,045 | |Depreciation | 385 |358 |358 | |Net Profit | 861 |1,117 | 4,389 | Table 7 - Monthly Cash Flow To see what effect this has over 12Show MoreRelatedGiberson Glass Studio720 Words   |  3 PagesGiberson’s Glass Studio Giberson is a skilled glassblower facing financial difficulties in his business. His resources are draining out quickly due to the following reasons – ï‚ · ï‚ · ï‚ · Lack of proper bookkeeping following his divorce, since his wife used to take care of the activity He has no knowledge which of his 4 items – glasses, paper weights, tumblers and vases – is profitable He is in dire need of a better pricing strategy to maintain profits after accounting for costs and his wages LookingRead MoreGibersons Glass Studio Case1004 Words   |  5 PagesWei Chen Giberson s glass studio case Background Giberson is a skilled glassblower whose business is a bit confusing.ä »â€"çš„ä ½Å"å“ Ã¥â€¡  Ã¤ ¹Å½Ã¦ ¯ Ã¥ ¤ ©Ã©Æ' ½Ã¥Å" ¨Ã¤ »â€"çš„å · ¥Ã¤ ½Å"Ã¥ ® ¤Ã¯ ¼Å'ä »â€"çš„ä º §Ã¥â€œ Ã¥ â€"Ã¥ ¾â€"ç› ¸Ã¥ ½â€œÃ¥ ¥ ½Ã£â‚¬â€š He works in his studio almost every day, and his products are popular and unique.ä »â€"æ ­ £Ã¥Å" ¨Ã¨â‚¬Æ'虑æ‰ ©Ã¥ ¤ §Ã¨â€¡ ªÃ¥ · ±Ã§Å¡â€žÃ¤ º §Ã¥â€œ Ã§ º ¿Ã¯ ¼Å'æˆâ€"è‡ ªÃ¥ ®Å¡Ã¤ ¹â€°Ã¯ ¼Å'ä ¸â‚¬Ã§ § Ã¨ ® ¢Ã¥ â€¢Ã¯ ¼Å'Ã¥ ® ¢Ã¦Ë† ·Ã¨ ¦ Ã¦ ±â€šÃ¤ »â€"Ã¥ Å¡Ã¯ ¼Å'Ã¥Å" ¨Ã¨ ¿â€¡Ã¥Å½ »Ã¯ ¼Å'ä ½â€ Ã¤ »â€"Ã¥  ´Ã¦ ² ¡Ã¦Å"‰è ¿â„¢Ã¦   ·Ã¥ Å¡Ã¨ ¿ËœÃ£â‚¬â€šÃ¤ »â€"ç› ®Ã¥â€° Ã§â€Å¸Ã¤ º §Ã§Å¡â€žÃ§ º ¸Ã©â€¢â€¡Ã¯ ¼Å'çŽ »Ã§â€™Æ'æ  ¯Ã¯ ¼Å'å› ¾Ã¦ ¡Ë†Ã§Å¡â€žÃ§Å" ¼Ã©â€¢Å"å’Å'èŠ ±Ã§â€œ ¶Ã£â‚¬â€š He currently produces paperweights, tumblers, patterned glasses and vases. ä »â€"æ ­ £Ã¥Å" ¨Ã¨â‚¬Æ'虑æ‰ ©Ã¥ ¤ §Ã¨â€¡ ªÃ¥ · ±Ã§Å¡â€žÃ¤ º §Ã¥â€œ Ã§ º ¿Ã¯ ¼Å'æˆâ€"è‡ ªÃ¥ ®Å¡Ã¤ ¹â€°Ã¯ ¼Å'ä ¸â‚¬Ã§ § Ã¨ ® ¢Ã¥ â€¢Ã¯ ¼Å'Ã¥ ® ¢Ã¦Ë† ·Ã¨ ¦ Ã¦ ±â€šÃ¤ »â€"Ã¥ Å¡Ã¯ ¼Å'Ã¥Å" ¨Ã¨ ¿â€¡Ã¥Å½ »Ã¯ ¼Å'ä ½â€ Ã¤ »â€"Ã¥  ´Ã¦ ² ¡Ã¦Å"‰è ¿â„¢Ã¦   ·Ã¥ Å¡Ã¨ ¿ËœÃ£â‚¬â€š He is considering expanding his product line, or taking on custom work (one of kindRead MoreGiberson’s Glass Studio1303 Words   |  6 PagesFelicia Coates University of Virginia Darden Graduate Business School September 15, 2008 Edward Giberson Giberson’s Glass Studio Owner Dear Mr. Giberson: I appreciate an opportunity you provided for me to observe and analyze a production process at your studio. I would like to share with you my observations and recommendations. There are four products you produce at the studio: Patterned glasses, Paperweights, Wrapped tumblers and Vases. Based on amount of a batch mix and average

Hitler s Rise Of Power - 1221 Words

Kekoa Blair Amanda Dibella English 10 MYP5 Hugh Jazz 14 March 2016 Hitler s Rise to Power Hitler s rise to power was greatly facilitated by his social mind with a theoretically high IQ of around 150 in the top 0.1% of everyone in the world. This large amount of intelligence can help him out think and keep himself one step ahead of everyone near him keeping his plans in clear site without the anyone the wiser. Hitler used two major skills to get power: persuasive rhetoric and cleverly worded statements to cover lies and a fake reality for his citizens. He constantly capitalized on anything that would benefit his cause like the great unemployment rates across Germany and recruited many unsuspecting people for his bidding. Hitler s reign was during a large economic depression, a hard spot for the country as a whole with around 30% unemployment in 1932. In 1933 Hitler ran in an electoral campaign. He promised, â€Å"that if he gained power he would abolish unemployment† (Simkin). This is a large deal because a total abolishment of unemployment, that caa not totally completable because people will always lose jobs in a normal society. This promise sounded hopeful for any lower class person with jobs at risk with promises to large to be true. This was promised at the bottom before the unemployment started rebounding and was very promising for the average worker with lowering pays and risk of losing their jobs always looming over them. Hitler did deliver on his promise shrinking theShow MoreRelatedHitler s Rise Of Power1716 Words   |  7 PagesWhat or even who was accountable for Hitler’s rise to power? Many believe that there was only one contributing factor for his rise to power. Some sta te that Hitler could not have risen to power in any other than Germany, implying that he was nothing more than a product of German culture. From others perspective they believe that Hitler made himself dictator by means of his political genius. And yet still theirs others that profess it was the weak democratic government of the Weimar Republic or Germany’sRead MoreHitler s Rise Of Power2114 Words   |  9 PagesHitler was especially noted when he earned the First Class Iron Cross, the highest military honor a German could receive. Hitler s commander had ended up in No Man s Land, screaming for help. Hitler, crawled out of his trench and pulled him to safety, without get shot down or killed. This gave Hitler a sense of belonging and respect, two things he had never gotten at home. â€Å"I sank down upon my knees and thanked Heaven out of the fullness of my heart† (Raggett). Hitler had said. Instead of an AustrianRead MoreHitler S Rise To Power1779 Words   |  8 PagesHarriette Mellor History 10L3 Hitler’s Rise to Power - Q1 During the years between the end of World War One and Adolf Hitler’s optimum years of power prior to World War Two, Germany was struggling with a great deal of political, economic and social troubles. The political confusion throughout this time was one of the predominant reasons that Hitler was able to gain such a degree of power from 1929 to 1933. The consequences of losing the Great War were disastrous and Germany faced uncertain timesRead MoreEssay on Hitler ´s Rise to Power630 Words   |  3 PagesWhat I learned about this year was about Hitlers Rise To Power/The Final solution, the Holocaust, World War II, and Anne Frank. All of these things was, becuase of Hitler. They all connect together at the end. These were the one of the mosst pain the world have gotten in. If the U.S got it sooner it might of been better. Lets start with Hitlers Rise to power/The final solution. Hitler sent all the Jews he can find to consation camps. They arnt the camps you would want to go to. The peopleRead MoreHitler ´s Rise to Power Essay579 Words   |  3 PagesAccording to en.wikipedia.org and historyplace.cpm, Hitlers rise to power began in Germany when he joined the Nazi party in September, 1919. Deep anger about the first world war and the treaty of Versalies created an underlying bitterness in the German people which Hitlers viciousness and expansionism appealed, so the perty gave him support. He was imprisioned after the 1923 unich Bear hall putsch. The Bear hall putsch resulted in the deaths of four officers. He was sentenced to five years, duringRead MoreHitler s Rise Of Power And Get His Fascist Ideas1639 Words   |  7 PagesWhy Did Hitler Rise to Power and Get his Fascist Ideas This essay will talk about the life of the Nazi Party (also known as the National Socialist German Workers Party), Fascism in Germany, and Adolf Hitler. It will think about what influenced Germany to vote for the Nazis and whether or not Hitler was brought up with the idea of fascism, or whether he was mentally scarred from a young age. This essay will also discuss about how did the Nazis do in their early years in the German elections, andRead MoreThe Reasons For Adolf Hitler s Rise Of Power As The Chancellor Of Germany3897 Words   |  16 PagesThe reasons for Adolf Hitler’s rise to power as the Chancellor of Germany in January 1933, as the leader of the Nationalsozialistische Deutsche Arbeiterpartei (NSDAP or Nazi party), have been widely studied and debated. There are numerous biographies about Hitleras hundreds, if not thousands, of people attempt to discover new information to understand just how he was able to become such a powerful figure. It can be argued that Hitle r was a key factor in starting the Second World War and he was certainlyRead MoreHitler ´s Rise to Power in Post World War I Germany627 Words   |  3 Pagesfor extremist parties as people living extreme conditions are more likely to listen to extreme ideas. The Nazi’s were extremes with their leader Adolf Hitler. Hitlers rise to power can’t be pin pointed down to one event but many including; Germany’s economic state, the main factor, that Hitler was a charismatic man and The Treaty of Versailles. Hitler used all these factors to his advantage which meant finally in 1933 he become Chancellor. Germany lost World War 1 and France wanted to treat GermanyRead MoreThe Sociological Aspects Of Hilter s A Social Context1594 Words   |  7 Pagesarticle â€Å"Hitler in a Social Context† will examine the strengths and weaknesses of the sociological aspects of Hilter’s rise to power during the Third Reich. Kater’s motivation for writing this article is primarily based on the need form of comprehensive socio-historical or sociological evaluation of Hitler, which will define the charismatic effects of Hitler’s leadership in the rise of Nazi power. In a historiographical context, various biographers and social historians have examined Hitler, but theRead MoreAdolf Hitler As A Leader Of Nazi Germany1677 Words   |  7 PagesAdolf Hitler once said â€Å"It is more difficult to fight against faith than against knowledge† (â€Å"30 Eye Catching Hitler Quotes.). In a dictatorship there is one ruler who is in charge of everything in the nation in which h e/she rules. Adolf Hitler was born on April 20, 1889 in Braunau am Inn. Hitler also known as Fà ¼hrer; he was chancellor of Germany from 1933 to 1945, and served as dictator from 1934 to 1945. Adolf Hitler was the leader of Nazi Germany, he was one of the initial causes which triggered

Why i am in college free essay sample

Why I Am in College College is the place to gain knowledge and having more knowledge gives you more power. I have a strong drive to go to college because I want to be rich, I want to make a difference, and I want to discover who I am. I believe that college is the first step to my success and I will take advantage of that. College is my building stone to get a degree so I can earn more money to become a billionaire.I want to use the money I earn to help my family out to thank them for raising and giving me shelter. The other part of my money would be used to help there that are in need such as homeless and researches to help improve and help many people. Lastly, being a billionaire is a dream of mine, accomplishing the goal will show my family and friends that I did it. We will write a custom essay sample on Why i am in college or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page College can provide me with a degree to not only earn more money but to further my knowledge so I can help and make a difference.Having a college degree will make people realize how smart you are and they will treat you differently giving you have power. I would use my power to make the world a better place by having people listening to me and believing that I know what I am eying because I have a college degree. I want to use the title of me going to college so I can make a use of myself to make a name out there for myself so I will not be forgotten when I leave Earth. Some may think that power can get you everything but it cannot help you find yourself.College is a new chapter of life and I hope to learn about who I am and to grow as a better version of myself. Going to college can help me discover myself so I can love and be comfortable with myself. After understanding myself I can finally allow myself to know what I like and no be indecisive about what I like and dont like. From the experiences from college hopefully I have tasted each subject and learn which I like best so I can decide what I want to be in the future. Going through college does not only prepare me for a degree to get good money but it prepares and teaches me many life skills and myself. Going to college without the drive and motivation will not get anyone anywhere. In order to fulfill my dreams of being rich, making a difference, and discovering myself I would have to believe in myself. I have to start from the bottom in college and build my way up to the top.

The Role of the Brain in Cognition

Introduction Cognition refers to the process through which information is processed, stored, and recovered for use (Glees, 2005). This process involves several mental processes that play different roles in order to enhance functions such as memory, comprehension, learning, problem solving, thinking, and decision making. The brain plays a pivotal role in cognition.Advertising We will write a custom essay sample on The Role of the Brain in Cognition specifically for you for only $16.05 $11/page Learn More It is a faculty that helps to process sensory information, apply knowledge, and make important decisions (Glees, 2005). Cognition comprises mental functions and processes, as well as intelligent entities. The brain uses its various parts to process information. For example, certain parts are concerned with memory while other parts deal with learning. The case of Phineas Gage is widely used to demonstrate the role of the brain in cognition. His brain injur y is used in the field of psychology to understand and explain the functioning of the human brain with regard to cognition. Role of the brain in cognition The brain plays a pivotal role in supporting cognitive functions. Examples of cognitive functions include learning, memory, and perception (Glees, 2005). The brain has several parts that play different roles in the execution of cognitive functions. Parts of the brain involved in cognition include prefrontal cortex, frontal and parietal lobes, temporal lobes, and occipital lobe (Roizman, 2010). The prefrontal cortex is the latest part of the brain to be discovered in the field of psychology. It executes high-priority cognitive functions that include planning, assessment of the outcomes of actions, and expression of personality traits (Roizman, 2010). In addition, this area expresses the aptness of various behaviors in different social contexts. The frontal lobes deal with two main cognitive functions that include language comprehen sion and memory (Roizman, 2010). The left and right frontal lobes perform different functions. The left lobe deals with language comprehension while the right lobe processes information. Damage to these lobes is characterized by poor decisions and inability to make good plans. Parietal lobes aid in the processing of sensory information. For example, it converts and consolidates sensory input into memories that are stored in the brain. Temporal lobes serve the role of processing auditory sensory information mainly for speech recognition (Glees, 2005).Advertising Looking for essay on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More In addition, they aid in memory and recognition of physical objects. For example, the brain’s role of identifying sounds and odors is executed by the temporal lobes. Finally, the occipital lobe plays the role of processing visual information (Roizman, 2010). Damage to the occipital lobe causes a con dition that is characterized by reduced functionality of sight, and inability to recognize apparent deficits. The case of Phineas Gage Phineas Gage was a railroad construction worker who is an important figure in psychology. Gage survived an accident in which his brain’s frontal lobe was damaged by an iron bar that passed through his head (Flesichman, 2004). The injury had far-reaching effects on his behavior and personality for the 12 years that he lived after the accident. This incident is widely used in the field of psychology to explain how certain brain areas support cognitive functions. After the injury, Gage showed certain changes in behavior that characterized changes in behavior due to damage to certain brain areas. The frontal lobe plays roles such as problem solving, planning, and decision-making. The prefrontal cortex expresses personality. After the accident, studies of Gage’s behavior revealed several changes. For example, he could make plans and fail to execute them to completion (Flesichman, 2004). His friends also reported that his personality had changed significantly. Before the accident, Gage was a shrewd, persistent, and energetic businessperson. However, after the accident, these traits were replaced by destructive qualities that affected his life negatively. He neither made good plans nor completed his projects due to lack of persistence. His personality traits after the accident included irreverence, impatience, and irresponsibility. Other behaviors that resulted from the injury included irresponsible sexual behavior, domestic violence against his wife and children, lying, gambling, bullying, and lack of foresight (Flesichman, 2004). These behaviors mainly resulted from poor judgment and planning. One of the most common signs of frontal lobe damage is change in behavior. An individual who suffers damage to their frontal lobes does not behave as they used to before the damage. People who are close to the individual can obse rve these changes in behavior. After the accident, Gage showed a decrease in the efficiency of functions that included planning, judgment, inhibition, and decision making (Flesichman, 2004).Advertising We will write a custom essay sample on The Role of the Brain in Cognition specifically for you for only $16.05 $11/page Learn More Conclusion The brain serves several roles, one of which is supporting cognitive functions. Parts of the brain that support cognition include prefrontal cortex, frontal and parietal lobes, temporal lobes, and occipital lobe. Each of these parts performs a different role. Examples of cognitive functions performed by these parts include judgment, memory, and decision-making, problem solving, and planning. The brain injury of Phineas Gage is used by psychologists to demonstrate the role of the brain with regard to cognition. After the accident, Gage’s personality changed tremendously after damage to his brain’s front al lobe. Behavioral changes included irresponsible sexual behavior, domestic violence against his wife and children, lying, gambling, bullying, and lack of foresight. References Flesichman, J. (2004). Phineas Gage: A Gruesome but True Story about Brain Science. New York: Houghton Mifflin Harcourt. Glees, P. (2005). The Human Brain. London: Cambridge University Press. Roizman, T. (2010). The Brain Functions Involved in Cognitive Functions. Retrieved from https://howtoadult.com/177861-the-brain-functions-involved-in-cognitive-functions.html This essay on The Role of the Brain in Cognition was written and submitted by user Giselle Daniels to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.