Leading Organizational Change At The Lao Tzu - 1186 Words

LEADING ORGANIZATIONAL CHANGE WONDIFRAW WOLDE DR. DEBORAH HEDDERLY MBA 610 ROSEMAN UNIVERSITY 06/09/2016 â€Å"There is nothing noble in being superior to your fellow men; true nobility is being superior to your former self.† Lao Tzu LEADING ORGANIZATIONAL CHANGE In my first year leadership paper in which I was expected to reflect on the various ethical systems used by a leader in decision making, I tried to explain how I got the inspiration to be a leader and hit on some important issues on how I could make better decisions using the leadership skills that I learnt from my first MBA†¦show more content†¦The team that I am leading needs to be energized by the feeling that change is needed right away. I will show them a good comparison of what the organization is now and what it will be after I introduce the necessary changes. The changes will include bringing about new vision to the organization which helps the organization to expand and be able to meet new set of goals making it more profitable than it was before, a plan to raise the bar for quality of production and better services. I will make sure that the teams in that organization not only just see the changes, but also benefit from the changes mad e. I will also make sure that all the ideas of the change are well communicated and that a common understanding is reached before applying the change. This is what creates the energy that empowers the team members to make a change and embrace the change as it is implemented. The second step that I will follow will be to establish an effective guiding coalition to make sure that despite the various obstacles and resistances that the change process might go through it will remain solid and that the change effort is well empowered and is kept on target through its various stages. The guiding coalition will have the right mix of individuals from different levels of the organization are chosen by the different teams of the organization and who are believed to have characteristics of credibility, leadership, and the necessary

The Classical Tragedy Of Sophocles Oedipus The King

â€Å"Greece’s Golden Age introduced many excellent playwrights, all of whom contributed to the success of Greek Literature† (sites.google/ Playwrights of the Golden Age). Sophocles, the author of the classic tragedy, Oedipus the King, was one of the three best play writers during that time frame. Born in 495 B.C., Sophocles â€Å"lived for nearly ninety years through the most of the turbulent events of his country during the fifteenth century B.C.† (Charters and Charters). He was born in Colonus, not far from Athens, with his father Sophillus, who owned a business that manufactured armor. Throughout his whole life he gained political and artistic knowledge. â€Å"The famous musician Lampros helped cultivate Sophocles’ musical ability. Likewise Aeschylus is said to have helped train the young Sophocles in the arts of tragedy (egs.com/ Sophocles- Biography). Furthermore, Sophocles gained a lot of his competency from other different scholars. Sophocles â₠¬Å"was nicknamed as â€Å"the Attic Bee† because he relied on such earlier works as Homer’s Iliad and Odyssey for material for his plays†¦Ã¢â‚¬  (Charters and Charters). Even after his death in 406 B.C., Sophocles remains as an acute impact to Literature. Along with its author, the play Oedipus the King has served for many years as an amazing significance. It was so important that it â€Å"was considered such masterpiece a century after its creation that the philosopher and critic Aristotle used it in the Poetics as an example on which to base his aestheticShow MoreRelatedTo What Extent are ‘Othello’ and Oedipus Rex Perfect Examples of Tragedy1149 Words   |  5 Pages‘perfect’ tragedy is the idea that the tragedy is faultless; it does what is expected; so makes the audience feel empathy and sympathy for the characters who suffer. There are two different types of tragedy: classical tragedy and Shakespearean tragedy. The tragic hero in this play is the main character, Othello. Othellos misfortune comes about because of his jealousy, trust, and his pride. This essay aims to look at, and compare, how Shakespeare wrote his tragedy, and how other tragedies are writtenRead MoreEssay on Oedipus: The Reign of a Tragic Hero1266 Words   |  6 Pageswith? The history behind the character of Oedipus, in the play Oedipus the King, is very complicated. His intricate past dealing with prophecies, family members, and murder is the main focus of the story. There are many characteristics that complete Aristotle’s definition of a tragic hero; these being the presence of hamartia and peripeteia, a sense of self-awareness, the audience’s pity for the character, and the hero is of noble birth. Greek Tragedy Theater rose to its peak in Athens aroundRead MoreOpedipus, a tragic hero Essay example1708 Words   |  7 PagesOutline Thesis Statement: Oedipus is the embodiment of Aristotle’s characterization of a tragic hero through his ability to preserve his virtue and wisdom, despite his flaws and predicament. Introduction I. Sophocles’ Oedipus: A Tragic Hero A. Definition of a tragic hero B. Oedipus Character as it relates II. Tragedy A. Language of Tragedy B. Tragedy as it affects the audience III. Plot A. Aristotle’s idea of a tragic plot B. Significance of the plot IV. Virtue and Morality Read MoreOedipus : The King Of Thebes And Tragic Hero Essay728 Words   |  3 PagesOedipus: The King of Thebes and Tragic Hero Ancient Greek Literature encompasses an assortment of poetry and drama to include the great masterpieces of tragedy. In Classic Literature, tragedies were commonly known for their elaboration of a protagonist fitting the classification of a tragic hero. This type of a tragic hero often collectively described as a character of noble birth, facing an adversity of some nature and a fate of great suffering. The characteristics of what encompassed a tragic heroRead MoreEssay about Oedipus Rex and Fight Club965 Words   |  4 PagesOedipus Rex, a play written by Sophocles, and Fight Club, a movie directed by David Fincher, are two stories that relate to one another by sharing similar ideas and life lessons. One could argue that both contain essential qualities and characteristics of classical tragedy, but are they both ultimately tragic in the classical sense of the word? I believe that both Oedipus Rex and Fight Club do, in fact, exhibit the important qualities of classical tragedy but u ltimately, I think that only one ofRead MoreOedipus The King, A Tragic Hero Story Of Fate1495 Words   |  6 Pages OEDIPUS THE KING, A TRAGIC HERO STORY OF FATE Pamela A. Long L26269572 ENGL 102 Professor Givens March 2, 2015 Turabian Sophocles is one of the great ancient Greek tragedians in the history of drama. In the play â€Å"Oedipus the King,† Oedipus is an excellent example of fate happening to a tragic hero. In addition, this play has all the elements of tragedy; human weakness, powerless, suffering, and one not having control of his own destiny. As a result, â€Å"Oedipus the King† is theRead MoreOld Tragedy Versus New Tragedy1386 Words   |  6 PagesOld Tragedy versus New Tragedy Tragedy is a concept in literature that is defined as a series of bad events that have a negative effect on the characters until a major disaster occurs. Aristotle believes â€Å"the objective of tragedy is in bringing the audience (or the reader) to a certain state, alternately designated as either katharsis or pleasure† (academia.edu, n.d.). One or more characters can be involved in a tragic story. There are usually five stages that go into fully developingRead MoreAnalysis Essay: Oedipus the King1017 Words   |  4 Pages Casual Analysis Essay: Oedipus the King Sophocles play Oedipus the King has endured for over two thousand years. The plays lasting appeal may be attributed to the fact it encompasses all the classical elements of tragedy as put forth by Aristotle in Poetics nearly a century before it was written. According to Aristotle, tragedy needs to be an imitation of life according to the law of probability or necessity. Tragedy is serious, complete, and has magnitude. It must have a beginning, middleRead MoreOedipus Rex1350 Words   |  6 PagesGreek Tragedy The Greek drama Oedipus Rex is clearly a tragedy. It definitely meets the five main criteria for a tragedy: a tragic hero of noble birth, a tragic flaw, a fall from grace, a moment of remorse, and catharsis. Interestingly, even though Oedipus the King came before Poetics, Sophocles’ play illustrates Aristotle’s rules for classical drama. Oedipus the King particularly displays a tragic emotion, a tragic character, and a tragic fall. Aristotle also writes that such a drama ought to haveRead MorePhilosophy: Oedipus and Aristotle1255 Words   |  6 Pagesof a tragic hero, it can be concluded that Oedipus is a tragic hero. Oedipus The King was written by a well-known tragic dramatist named Sophocles. This story is considered to be one of the greatest tragedies of all time. In fact, the Marjorie Barstow of the Classical Weekly says that it â€Å"fulfills the function of a tragedy, and arouses fear and pity in the highest degree† (Barstow). It is also very controversi al because of the relationship that Oedipus has with his mother, although it was unknown

Survey Of Cyber Attack Detection Strategies -Myassignmenthelp.Com

Question: Discuss About The Survey Of Cyber Attack Detection Strategies? Answer: Introducation People have made their life easier by using the benefits of advances in technology, due to which, the usage of internet is at its best. On the one hand where there are various benefits of the internet usage, there are some privacy issues also that are related to it among which ethical issues and the behavior of the internet users are the prime ones (Stahla et al., 2014). When it comes to primary schools, the cyberbullying has a great catch over the ethical issues which needs to be considered by the researchers to provide safe information and communication technology to the schools. The investigation includes serious topics like cybercrime, internet frauds, cyberbullying, hacking of networks, and much more (Spiekermann, 2015). Analysis of ICT Ethical Issues The internet is a vital part of information and communication technology that has become quite important in the day-to-day life to make the hectic communication easy with various offers it serves with (Floridi, 2010). Although, it gives a great positive impact; it also contains some negative impact of the internet which is considered to be unethical regarding the confidentiality and accessibility of the information. Following are some of the ethical considerations that should be known. Copyright: One needs to mark the word copyright while downloading any file from the internet. This has become quite common currently which needs to be followed in proper conduct. However, if it is downloaded without permission, it would violate the regulations set by the authorities (Rainer et al., 2013). Files like documents, music, eBooks, software, applications, etc. are found to be downloaded with ease in nearly all the countries and this act is labeled as unethical. Although this act has not been given due significance as it has not yet harmed the cyber economy of any country (Holt and Bossler, 2015). This practice is widely performed while sharing files through the internet without any hindrance as people mostly look for free options rather than paying for them. Hacking: Hacking is another illegal action performed by the students of the primary schools that damages the protocol and steals the confidential information in cyberspace. The process of hacking includes aspects like classifying the information, stealing confidential information like passwords, credit card details, and much more (Stahla et al., 2014). This activity is widely processed when the computers are common or accessible. Such activity takes place when the hackers are able to drive another persons concentration through their attractive traps. There are students who have the passion to become professional hackers, and hence they commit illegal protocols (Reynolds, 2011). A good example of this issue was seen in 2014 when 14 branches of the Affin Bank, Bank Islam, and Al Rajhi Bank were hacked through their ATMs by a hacking gang. Cyber Bullying : Cyber bullying is an illegal act that is carried by harassing individuals with the help of internet. The act has grabbed various primary school students resulting in the destruction of their psychological condition (Spiekermann, 2015). This result turns to be hilarious when the user is having no idea about cyber bullying and fails to protect himself/herself against it (Floridi, 2010). The act also includes irritation caused by speeches that scare people and frustrate them. The primary school girls are the prime victims of cyber bullying where they are delivered with threatening messages or voice messages that hinder their privacy. The common result seen in various students is changing the school, and the worst result of such bullying is the commitment to suicide by the victim (Whitman and Mattord, 2012). Data Privacy: Everyday, the internet is used to store various files and data that can be counted in a million gigabytes. When it comes to maintaining this data, the privacy of the same has been of crucial concern. The Internet contains various personal data of the people that is quite sensitive (Laudon, 2016). When an individual looks forward to any deals or rights on the internet, they are generally asked to go through the agreement that is labeled under the privacy policy of the users right and data privacy terms (Raiyn, 2014). The policy helps to know which portion of the data can be used and modified by the authorities. Reasons Behind Copyright Violations Here are some situations and causes that lead to violations regarding the copyright laws. Having insufficient knowledge about the topic that encourages plagiarism. Lack of information about the results of copying copyrighted materials. Not declaring the terms of the copyright on the website (Reynolds, 2011). High price of the legitimate sellers on the internet which leads to piracy. Lack of enforcement of laws properly for protection of intellectual property data. Hacking as Common Act When it comes to cybercrime, hacking has been the most common one, that has resulted in the increase of fraud cases. The hackers generally try to trap the internet user for gaining maximum information from them. Hacking through credit cards is a widely observed crime around the world; as nearly 90% of the total credit card users are found carrying online transactions. Here are some reasons that convert the users into victims of hackers: File sharing and downloading has been observed to be the primary reason as to why hackers are progressing as it is easily carried by an unprotected download of programs, codes, etc. through pen drive downloading and file sharing. Another way the hackers are progressing are attractive traps like phishing, email spams, etc. that allows the hackers to use the private data of the internet user (Whitman and Mattord, 2012). Hacking has hence, become a widely spread crime due to the system bugs or the carelessness of the cyber authorities. The lack of updating of the systems is also a major reason that makes it easy for the hackers to perform their activities (Heersmink, 2011). Reasons Behind Cyberbullying The major reason behind the cyber bullying is the increased use of social media, mostly by the children that lead to psychological harm. Here are some reasons for the increase in cyber bullying: The increase of feelings like anger, frustration, or revenge developing in teenagers leads to cyber bullying. Unawareness of proper use of personal information on social networks resulting in harassment by bad people. Too much interaction with strangers resulting to bullying or blackmailing. Conclusion and Solutions to the Internet Problems All the disasters regarding the internet occur due to improper maintenance of cyber ethical issues along with workplace ethics (Floridi, 2010). No doubt the speed of the communication through the internet has given many benefits, there are events where it is misused also. However, proper control over all these measures can also limit the cyber crimes which can be carried as follows: Prevention to a violation of copyright: The promotion of open source campaigning to various universities would help to control the plagiarism to a great extent. The more the students and the public get to know about it; the more piracy would be controlled (Stahla et al., 2014). Generate awareness among the people not to use pirated games, as this would discourage the owners in their work. Putting the illegal download movies under the banned section and implementation of laws properly along with the proper promotion (Rainer et al., 2013). Design a free software with limitations for music, images, etc., along with a paid software. Solutions for hacking problems: Increase the use of anti-virus programs to avoid malicious programs to prevent from hacking. Using different passwords to sign in while using various websites that require registration (Raiyn, 2014). Clearing the cookies after browsing the internet for making the computer user safe. Increase in campaigns to limit credit card hacking, websites, etc. Look before using any kind of free Wi-Fi to avoid the unpleasant results. Prevention of cyber bullying: Counselling the students to be open to parents and guardians to avoid any kind of frustration. Campaigns to help them in using their private information on the internet to avoid bullying. Reference Floridi L. 2010. The Cambridge Handbook of Information and Computer Ethics. Cambridge University Press. Available from: https://books.google.co.in/books?hl=enlr=id=iK3UjU9yfiECoi=fnd pg=PA41dq=computer+ethics+information+systems+%2B2010ots=1c65IAbFFjsig=w5YpUHqDkTXW8X5zawhNMFUoHSQ#v=onepageq=computer%20ethics%20information%20systems%20%2B2010f=false. [Accessed 18th September, 2017] Heersmink R. 2011. Bibliometric mapping of computer and information ethics. Journal of Ethics and Information Technology [Online], Volume 1 / 1999 - Volume 19 / 2017. pp. 1388-1957. Available from: https://link.springer.com/article/10.1007/s10676-011-9273-7. [Accessed 18th September, 2017] Holt T., Bossler A. 2015. Cybercrime in Progress:Theory and Prevention of Technology-enabled Offenses [Online]. Routledge. Available from: https://books.google.co.in/books?hl=enlr=id=xMQ0CwAAQBAJoi=fndpg=PP1dq=cyber+crime+%2B2019ots=gsEUnDgQnLsig=2S0IZx-VbJ4Ignavjx8lmWeccCY#v=onepageq=cyber%20crime%20%2B2019f=false. [Accessed 18th September, 2017] Laudon K., Laudon J. 2016. Management Information System. Pearson Education India. Available from: https://books.google.co.in/books?hl=enlr=id=4RAwDwAAQBAJoi=fndpg=PP2dq=computer+ethics+information+systems+%2B2016ots=CErXp2XlVisig=azHtMhbUj4vREJbwh5HnRk4jdXs#v=onepageqf=false. [Accessed 18th September, 2017] Reynolds G. 2011. Ethics in Information Technology. Cengage Learning. Available from: https://books.google.co.in/books?hl=enlr=id=vcYJAAAAQBAJoi=fndpg=PT6dq=computer+ethics+information+systems+%2B2011ots=FaPgzvQzzusig=m67hJizBlK38iIa6vdLEqJH4E6s#v=onepageq=computer%20ethics%20information%20systems%20%2B2011f=false. [Accessed 18th September, 2017] Rainer R., Cegielski C., Hogeterp, H. Rodriguez C. 2013. Introduction to Information Systems, Third Canadian Edition. John Wiley Sons. Available from: https://books.google.co.in/books?hl=enlr=id=LAIeCgAAQBAJoi=fndpg=PA280dq=computer+ethics+information+systems+%2B2013ots=-XjV-EIgvYsig=zAQHwiCvlyy4IusB7K_Jqj1UpxA#v=onepageq=computer%20ethics%20information%20systems%20%2B2013f=false. [Accessed 18th September, 2017] Raiyn J. 2014. A survey of Cyber Attack Detection Strategies. International Journal of Security and Its Applications[Online]. Vol.8,(Issue 1), pp.247-256. Available from: https://dx.doi.org/10.14257/ijsia.2014.8.1.23 [Accessed 18th September, 2017] Stahla B., Eden G., Jirotka M., Coeckelbergha M. 2014. From computer ethics to responsible research and innovation in ICT: The transition of reference discourses informing ethics-related research in information systems. Information Managemen [Online]t. Volume 51 (Issue 6), pp. 810-818. Doi: https://doi.org/10.1016/j.im.2014.01.001 [Accessed 18th September, 2017] Spiekermann S. 2015. Ethical IT Innovation:A Value-Based System Design Approach [Online]. CRC Press. Available from: https://books.google.co.in/books?hl=enlr=id=WI3wCgAAQBAJoi=fndpg=PP1dq=innovation+in+ict+%22computer+ethics%22+%2B2015ots=ivKwPbccBrsig=RQAoZ35DamuKvALJ9pIAFMLzajM#v=onepageqf=false. [Accessed 18th September, 2017] Whitman M., Mattord H. 2012. Principles of Information Security. Cengage Learning Available from: https://books.google.co.in/books?hl=enlr=id=L3LtJAxcsmMCoi=fndpg=PR9dq=computer+ethics+information+systems+%2B2011ots=6WB3VRiMwPsig=AcnlUB99-VoE_d4gpxhI5CXxvzE#v=onepageq=computer%20ethics%20information%20systems%20%2B2011f=false. [Accessed 18th September, 2017]

Comparison Steel Cement Industries Of India â€Myassignmenthelp.Com

Question: Discuss About The Comparison Steel Cement Industries Of India? Answer: Introducation This analysis entails assessment of an organization capacity to settle all its short-term financial needs (Sharma Sharma, 2014). The key ratios that are used in measuring Gelato Industries liquidity level include current and quick ratios. Current ratio This ratio is used in measuring an organizations capacity in repaying all its short-term debt obligations such as salaries payables and accounting payables (Sharma Sharma, 2014). Here, a higher current ratio shows higher liquidity status of an organization while a lower one shows less liquidity status. Based on the financial information of Gelato Industries, it is evident that its current ratio for the financial year 2014 was 63,125/34375 = 1.84. The ratio is very significant in measuring an organizations short term liquidity and in measuring an organizations capacity to settle its short-term debts using quick assets (Sharma Sharma, 2014). With these considerations, Gelato Industries quick ratio for the financial year 2014 was (63,125-36,250)/34375 = 0.78. On overall, based on the current and quick ratio for the year 2014, it is clear that Gelato was financially liquid in that its current assets and quick ratio were relatively higher indicating its capacity to settle its short-term debts. Capital Structure Analysis This analysis is used in assessing financial growth and health of an organization (Akhtar, 2014). The analysis helps in measuring how an organization finances its operations and growth through different sources of finances. This ratio shows financial leverage of an organization. It usually indicates percentage of total assets that is financed by total liabilities (Arnold, 2011). Here, a higher debt ratio is said to shows greater leverage and high financing risk. With these considerations, Gelato Industries debt ratio for the financial year 2014 was70,313/140,625= 0.50. Interest coverage This ratio helps in evaluating how easily a given firm could pay off its interest expenses. It is computed by dividing operating profit (EBIT) by its interest expenses (Arnold, 2011). In essence, interest coverage helps in measuring number of times an organization could settle its outstanding debts by using its net profit. With these considerations, Gelato Industries interest coverage for the financial year 2014 was18,000/5,719= 3.15 On overall, given the fact that Gelato Industries debt ratio was relatively low, below 1, it can be stated that the company leverage is low and there is also low financing risk. On the other hand, given that its interest coverage was relatively high it is clear that Gelato is able to finance its interest expenses. Profitability analysis This analysis shows or indicates how an organization generates profits (AlEid, 2015). In essence, profitability analysis entails utilization of profitability ratios such as operating profit margin, ROE, ROA and asset turnover in evaluating profitability of the organization. Operating profit margin This ratio emanates proportion of an organizations revenue that is remaining after deduction of variable costs (AlEid, 2015). Thus, high operating margin is usually desirable for an organization in enabling paying fixed expenses like interest on debts, vital portion in improving its leverage and in building trust in investors. As a result, Gelato Industries operating profit margin for the financial year 2014 was 18,000/112,500= 0.16 or 16% This financial ratio is crucial to investors since it help in measuring an organizations success to generate income or profit for the benefit of the common shareholders (AlEid, 2015). As a result, Gelato Industries ROE for the financial year 2014 was 18,000/70,312*100%= 25.60%. The ROA is usually important in measuring organizations management efficiency in utilizing its assets to generate income (AlEid, 2015). Basically, ROA is used in measuring efficiency of an organization in its assets management. With these considerations, Gelato Industries ROA for the financial year 2014 was 18,000/140,625*100%= 12.80%. On overall, it can be stated that Gelato was profitable enough given that it had high ROE, ROA and operating profit margin. Basically, with a high ROE and ROA, it is evident that Gelato management is effective enough in generating income from assets and from shareholders equity. Asset management efficiency This analysis is used in assessing how efficiency and effectively an organization is in managing assets to generate revenue (AlEid, 2015). The key ratios used in assessing Gelato Industries asset management efficiency are inventory turnover, fixed assets turnover, asset turnover and average collection turnover The ratios is used in measuring the number of times assets could be used in accomplishing total turnover and is calculated by subdividing total sales by its total assets (AlEid, 2015). As from, Gelato Industries financial statements, it is evident that the company asset turnover for the financial year 2014 was 112,500/140,625= 0.80; Fixed asset turnover This ratio is used in assessing number of times an entitys fixed assets are used in accomplishing turnover and is calculated by subdividing total sales with its fixed assets (Sanghani, 2014). In essence, fixed asset turnover is useful in measuring how efficiently an organization utilizes its fixed assets in generating revenue or sales. It helps in measuring efficiency of an organizations operations. From Gelato Industries financial statements, it is evident that the company fixed asset turnover for the financial year 2014 was 112,500/77,500= 1.45. Inventory turnover It is utilized in assessing how many times inventories are converted or sold. This is computed by dividing an organizations COGS with its total inventories (Sanghani, 2014). A high number means that there is risk of stock-out. Based Gelato Industries financial statements, it is evident that the company inventory turnover for the financial year 2014 was 112,500/36,250= 3.10. Average collection period This ratio is used in measuring number of days it would take for an organization to collect amount on credit from debtors. Here, lower number is more preferred than higher number since it implies that the firm is getting its cash more quickly (Sanghani, 2014). The ratio is computed by dividing number of days in a year by receivable turnover. From the financial statements provided, it is evident that Gelato Industries average collection period for the financial year 2014 was 365/(112,500/15,625)= 50.69 days. Based on the asset management efficiency analysis above, it is evident that Gelato is efficient in managing its assets to generate sales. To be more specific, it is evident that the company is efficient on how it manages its receivable collection and asset utilization. Gelato Industries priceearnings, EPS as well as its market-to-book ratios Earnings per share also referred to as EPS is the proportion of an organizations profit that is allocated to every share outstanding. It usually serves as the signal of an organizations profitability (Sanghani, 2014). This ratio is crucial in determining the stock value. It is usually computed by dividing net income or profit by number of outstanding shares. Thus, in this case, Gelato industries EPS for the year 2015 = net profit/share outstanding = 22,884/5000= 4.58. The Price-earnings ratio is a crucial financial ratio that is used in assessing an organization by measuring its present share price in relation to its EPS. With these considerations, price-earnings ratio for Gelato would be= price per share/EPS =15/4.58=3.28. The market-to-book value or the price to book value is the financial ratio used in assessing an organizations current market value in relation to its book value. It is used in measuring an organizations market price relative to book value (Arbidane, 2015). Basically, it shows how much equity different investors are paying for every dollar in the total assets. Here, market value is usually the present stock price of all the outstanding share whole book value is usually the amount that is left in case an organization is liquidated. In essence, book value is equivalent to net assets of an organization (AlEid, 2015).Thus, market to book value of Gelato Industries is equal to = price per share divided by the book value or BV per share. The book value per share =different between assets and liabilities divided by share outstanding= (195,000-119535)/5000=75,465/5000=15.093. Thus, given that the book value per share is equal to 15.093, the market to book value for the company would be; price /BV = 15/15.093= 0.99 Description of financial condition and performance of Gelato Industries Based on sections a, b and c As from the analysis on section a and b above, it is evident that Gelato is performing relatively well in terms of its assets management and its capital structure. In addition, it is also clear that Gelato is profitable enough due to its high operating profit margin. The high ROA and ROE is also a clear signal of the profitability of the company in terms of equity and asset utilization to generate income. It is also evident from Gelato liquidity analysis that the company was having easier time in settling its short-term debt commitments. By looking at section c above particularly on the EPS results, it is evident that Gelato Industries was profitable enough. This is evidence by relatively high EPS which shows that there is high profit allocated to outstanding shares. Further, given that the P/E ratio for Gelato for the financial year 2015 was relatively high at 3.28, it is evident that Gelato is financially healthy. In essence, the high P/E ratio is a clear indication that Gelato Industries expect to post higher returns growth in future. Furthermore, the observations on the section c on P/E ratios show that the stock is currently overpriced. Further, based on the calculations in section c above, it is evident that Gelato Industries stocks are undervalued. This is evidence by the fact that its market to book value for the financial year 2015 was below 1. Warren Buffet on Investment Summary about Warren Buffet Warren Buffetts advices on investment are timeless. One might loss tract on investment or might make several investment mistakes, but all of them fall under different investment tips provided by Warren. The worlds greatest investor for a long time has never been at any time shy on strategies that assisted or aided him accumulate the $72 billion and his growing company, Bershire Hathaway, into the juggernaut prized at more than $212 billion (YouTube, 2017). Nonetheless, Warren does not encourage average individual investors in trying to mimic his key success. Key Points That Warren Makes In Relation To Investment In his YouTube featuring interviews, a number of points that Warren makes in relations to investments. Some of these issues include advice on the worst investment one can make. In his commentary, the worst investment one can make is investing in cash over time. Basically, individuals always tend to keep sufficient cash so as to feel comfortable, but this is not necessarily because they like cash (YouTube, 2017). The second point is that to be a successful investor, one should focus on competition as well. In his commentary, Warren stated that in case one is determined in picking stocks, s/he should not venture in those businesses s/he does not understand. Thus, from his advices, it is good for one to take time to under a given business before making any investment move. Further, it is good while making any investment to have trust in oneself. One has to divorce himself from all greed and fears of individuals around them. This makes it easier for them to make better investments (YouTu be, 2017) References Akhtar, N. (2014). Impact of efficient management of working capital on profitability: chemical companies listed at the KSE.Pakistan Business Review, 333. AlEid, A. B. M. (2015).A Financial Statement Analysis on Three Major Construction Companies in the UAE (Arabtec Holding PJSC, Drake Scull PJSC and Emaar Properties PJSC)(Doctoral dissertation, The British University in Dubai (BUiD)). Arbidane, I. (2015). Management of current assets in the context of increasing the Enterprises Profitability. InProceedings of the 10th International Scientific and Practical Conference. Volume II(Vol. 27, p. 34). Arnold, T. (2011). Putting Ratios into a Firm Value Context for Entrepreneurs and Entrepreneurship Students.The Journal of Entrepreneurial Finance,15(2), 23. Sanghani, D. A. (2014). The Effect of Liquidity on the Financial accounting Performance of Non-Financial Companies Listed At the Nairobi Securities Exchange.Unpublished MBA Project. Sharma, V., Sharma, R. (2014). Relationship between working capital management and profitability: A comparison of steel and cement industries of India.International Journal of Management, IT and Engineering,4(8), 211. YouTube. (2017). Warren Buffet Best Advice on Successful Investing: Retrieved at 19th September 2017 from; https://www.youtube.com/watch?v=_5VQPIeZhMc YouTube. (2017). Warren Buffet Financial Rules to Live By: Retrieved at 19th September 2017 from; https://www.youtube.com/watch?v=gUAtVyWS_4Y YouTube. (2017). Warren Buffet on Why Hell Never Sell a Share of Coke Stock: Retrieved at 19th September 2017 from; https://www.youtube.com/watch?v=4p1_5bZ8I4M