Sunday, February 16, 2020

Financial Management Essay Example | Topics and Well Written Essays - 250 words - 4

Financial Management - Essay Example Further, public sector enterprises are more accountable to the stakeholders, being government and public, than private sector undertakings. Financial management field is basically responsible for generating valuable information for the purpose of investing, financing and decision making and the role remains the same regardless of the type of organization. The finance managers in a public sector enterprise play many roles including: 1. Accounting and record keeping: The nature of public sector accounting is quite different from that of private sector. In order to show the users of financial statements as well as the stakeholders the position of the entity and all its assets and liabilities, the status of funds etc the finance managers are responsible to maintain appropriate, correct and timely accounting records. That includes both financial and management accounting records. This in turn ensures that the funds are properly allocated to the areas of concern, the risks and returns are highlighted and presented to the top management and the state for decision making purposes, the areas facing a decline and requiring special 2. Effective utilization and allocation of funds: The earnings or funds allocated to public sector organizations are quite restrained and in that restricted budget a public sector entity has to achieve its goals. Finance managers play an important role in the effective utilization of scarce funds to achieve as many objectives as possible within limited resources. For example if $20 million are annually allocate to a government hospital, the finance managers have to practically analyze the ways in which other costs can be reduced and more patients are treated in the allocated funds. 3. Making fund raising efforts: Proper financial management and record keeping will lead to the financial managers identifying situation wherein they need to double their

Sunday, February 2, 2020

Writing the Target Audience Analysis Essay Example | Topics and Well Written Essays - 250 words

Writing the Target Audience Analysis - Essay Example The photo is larger than the interior second picture and thus the large appeal. The first photograph contains more Aristotelian appeal than the second paragraph. The magazine focuses on adults that are above the age of 18 but below 25. This group is commonly known as the young adults group. The reason for stating that this is the most preferred age group for the magazine is because of the explicit content contained in the magazine. When reading the column on the right of the left page one gets to view issues revolving around sex and it is such issues that should not be accessed by young people. In the contemporary environment, there have been different issues that involve young people getting into explicit behavior at a young age and the reason for this is the access to such magazines. It is from this that one understands that adults are the targets of this magazine. Young adults value information regarding new experience in the intimate sector. Many people around this age have little experience in intimacy and from the magazine, the audience value information regarding the subject of the column who discusses her experience when breaking her virginity. From this information one gets to understand the reason why the young adults relate to the magazine The second advertisement is that of acclaimed clothing line, Gucci. Gucci is an international store that has had the ability to capture the attention of many people from the classy products it has introduced into the market. When looking at the advertisement, one thing to note is the elegant bottle of perfumed displayed on the box. Prior to identifying the bottle, the first thing noticed is the color of the background in the advertisement. Color brown is internationally recognized as to having a certain appeal on people and the fact that it is the one used in the advertisement, it is very easy to capture potential buyers’ attention. Looking at one side of the