Tuesday, November 26, 2019
Essay on Legalization of Same-Sex MarriageEssay Writing Service
Essay on Legalization of Same-Sex MarriageEssay Writing Service Essay on Legalization of Same-Sex Marriage Essay on Legalization of Same-Sex MarriageEveryone would agree that the increase of humanism and tolerance in the society is a positive tendency. At the same time, such tendency leads to the transformation of the society and the changes caused by greater tolerance are often controversial. One of highly controversial social issues is the legalization of same-sex marriage. Some 50 years ago, people could be arrested for having a partner of the same sex. Nowadays the attitudes have changed, and although there still exist many stereotypes, gays and lesbians are finally recognized as equal members of the society along with heterosexual persons. Despite greater tolerance, there are ongoing debates on the legalization of same-sex marriage. The main thesis of this paper is the following: same-sex marriage should be legalized since it will further reduce discrimination of same-sex couples, provide opportunities for realizing their social potential and will strengthen the equality and toleranc e in the society in general.The institution of marriage is changing along with other social institutions in the society. The number of countries and states where same sex marriage was legalized is increasing. By the end of 2011, 10 countries and 7 states legalized same-sex marriages (Chamie Mirkin, 2011). Such legal changes contribute to the promotion of non-discrimination in the society and enhance social equality. Indeed, a family is defined as the fundamental social group usually consisting of two parents and their children (Meezan Rauch, 2005) or a group of two or more people sharing goals and values and having long-term commitments (Clarke Finlay, 2004). Most of the definitions of family do not require partners to have different genders; children can be adopted or born using in-vitro fertilization or the help of surrogate mother. Therefore, legalizing same-sex marriage will help such families to become equal in rights with traditional families. Such equality will promote bet ter psychological, social and physical well-being of same-sex couples.The children who are reared in same-sex couples will also benefit from legalization of same-sex marriage because they will be able to receive adequate social support and protection. Furthermore, such children will perceive their parents and families as an integral part of the society; such changes of perception will contribute to greater social tolerance and equality in the future. Furthermore, the legalization of same-sex marriages will also have positive economic consequences for LGBT couples and for the country in general. Indeed, same-sex partners will be able to optimize their taxes and combine their earnings; they will get access to spousal health insurance, joint retirement investments, etc. According to Clarke Finlay (2004), federal budget and local budgets will also benefit from the legalization of same-sex marriage in the long-term perspective due to the reduction of cash assistance requests and Medicar e spending.There are several key arguments used by the opponents of same-sex marriages. The first and foremost argument is the negative impact of same-sex families on children. According to Muhlestein (2007), the argument against same-sex marriage is that it is damaging the traditional institution of family. The research of Joslin (2011) shows that marriage has an equally positive effect on financial well-being and on the stability and durability of the relationship between spouses. Furthermore, it was determined that children in same-sex families demonstrate similar development, social skills and life satisfaction compared to children from traditional families. Joslin (2011) states that the key factor influencing the well-being of children in same-sex families was the presence of prejudiced attitude to such non-traditional family: the lower the rate of prejudice was, the smaller was the difference between well-being of children from same-sex families and traditional families.Anothe r major argument against the legalization of same-sex marriage is the suggestion that it will encourage young people to choose same-sex partners and therefore will affect the processes of natural reproduction in the society. However, it is shown that both genetics and society influence the choices of homosexual people (Chamie Mirkin, 2011); in other words, the tendency to choose same-sex partners is driven by biological characteristics of a human being. The environment might indeed increase the chances for a child with LGBT inclination to engage in same-sex relationships. However, the legalization of same-sex marriages will help to reduce the ongoing debate about the discrimination of LBGT people and will help them to integrate in the society. This means in particular that the legalization of same-sex marriage will lead to the decrease of attention to LGBT questions and therefore children will be exposed to less information pertaining to LGBT than nowadays. In such circumstances, c hildren will be more likely to follow their natural preferences than in the situation of the ongoing social debate and increased social attention to homosexuality.Therefore, it is necessary to legalize same-sex marriage in order to make the society more equal, more efficient and more tolerant. In this case, same-sex couples will have the rights comparable with the rights of traditional couples. Same-sex families and children growing in these families will be better off due to the legalization of same-sex marriages, and there will be economic benefits influencing the whole society. Furthermore, the research of Joslin (2011) refutes the key argument of the opponents of same-sex marriage: it was shown that the well-being of children in same-sex families is the same as that of children in traditional families, and can be decreased mostly by the stereotypes pertaining to same-sex families. The legalization of same-sex marriage will help to eliminate these stereotypes and therefore improv e the well-being of children in these families. In addition, such decision will reduce the attention paid by the public to the questions of same-sex relationships and therefore reduce the potential impact of LGBT information on personal choices of young people. Therefore, due to the perceived positive effects on the society same-sex marriage should be legalized in the United States and worldwide.
Friday, November 22, 2019
Using a Timer in MS Office VBA Macros
Using a Timer in MS Office VBA Macros For those of us who have our minds deeply into VB.NET, the journey back to VB6 can be a confusing trip. Using a Timer in VB6 is like that. At the same time, adding timed processes to your code is not obvious to new users of VBA Macros. Timers For Newbies Coding a Word VBA macro to automatically time a test that was written in Word is a typical reason for using a timer. Another common reason is to see just how much time is being taken by different parts of your code so you can work on optimizing the slow sections. Sometimes, you might want to see if anything is happening in the application when the computer seems to be just sitting there idle, which can be a security problem. Timers can do that. Start a Timer You start a timer by coding an OnTime statement. This statement is implemented in Word and Excel, but it has different syntax depending on which one youre using.à The syntax for Word is: expression.OnTime(When, Name, Tolerance) The syntax for Excel looks like this: expression.OnTime(EarliestTime, Procedure, LatestTime, Schedule) Both have the first and second parameter in common. The second parameter is the name of another macro that runs when the time in the first parameter is reached. In effect, coding this statement is like creating an event subroutine in VB6 or VB.NET terms. The event is reaching the time in the first parameter. The event subroutine is the second parameter. This isà different from the way it is coded in VB6 or VB.NET. For one thing, the macro named in the second parameter can be in any code that is accessible. In a Word document, Microsoft recommends putting it in the Normal document template. If you put it in another module, Microsoft recommends using the full path: Project.Module.Macro. The expression is usually the Application object. The Word and Excel documentation states that the third parameter can cancel the execution of the event macro in case a dialog or some other process prevents it from running within a certain time. In Excel, you can schedule a new time in case that happens. Code the Time Event Macro This code in Word is for the administrator who wants to display a notification that the testing time has expired and print the result of the test. Public Sub TestOnTime()Debug.Print The alarm will go off in 10 seconds!Debug.Print (Before OnTime: Now)alertTime Now TimeValue(00:00:10)Application.OnTime alertTime, EventMacroDebug.Print (After OnTime: Now)End SubSub EventMacro()Debug.Print (Executing Event Macro: Now)End Sub This results in the following content in the immediate window: The alarm will go off in 10 seconds!Before OnTime: 12/25/2000 7:41:23 PMAfter OnTime: 12/25/2000 7:41:23 PMExecuting Event Macro: 2/27/2010 7:41:33 PM Option for Other Office Apps Other Office applications dont implement OnTime. For those, you have several choices. First, you can use the Timer function, which simply returns the number of seconds since midnight on your PC, and does your own math, or you can use Windows API calls. Using Windows API calls has the advantage of being more precise than Timer. Heres a routine suggested by Microsoft that does the trick: Private Declare Function getFrequency Lib kernel32 _Alias QueryPerformanceFrequency (cyFrequency As Currency) As LongPrivate Declare Function getTickCount Lib kernel32 _Alias QueryPerformanceCounter (cyTickCount As Currency) As LongSub TestTimeAPICalls()Dim dTime As DoubledTime MicroTimerDim StartTime As SingleStartTime TimerFor i 1 To 10000000Dim j As Doublej Sqr(i)NextDebug.Print (MicroTimer Time taken was: MicroTimer - dTime)End SubFunction MicroTimer() As Double Returns seconds.Dim cyTicks1 As CurrencyStatic cyFrequency As CurrencyMicroTimer 0 Get frequency.If cyFrequency 0 Then getFrequency cyFrequency Get ticks.getTickCount cyTicks1 SecondsIf cyFrequency Then MicroTimer cyTicks1 / cyFrequencyEnd Function
Wednesday, November 20, 2019
Proposal Outline Example | Topics and Well Written Essays - 500 words
Proposal - Outline Example In order to get a solution to this, the telecommunications company had to undertake a market research by deciding to employ Netezza data warehouse appliance as the only vender who performed above the rest, as far as their scalability, simplicity, performance and total cost of ownership was concerned (Froggatt, 2009, 1). According to Froggatt, (2009, 1), the most important requirement of the project was its seamless nature to the business users, and would make the company carry on with its existing tools with the Oracle alongside the new improvements by Netezza. From the proven results above it is seen that Netezzaââ¬â¢s performance is 252 times faster than Oracle. This makes the information system even simpler as far as its management is concerned. The company has therefore had dramatic positive results with Netezza as its enterprise data warehouse of choice and the worldââ¬â¢s number one in BI software. As a business object and a query tool, the biggest benefit has been the increased company performance (Froggatt, 2009, 2). Therefore, it is worth noting that business objects solutions are basically designed with the purpose of helping organizations gain much better insight concerning their businesses, enhanced enterprise performance as well as improved decision making. It is of prime importance that any information technology system needs to be faster on average speed, such that it can support any type of query. There was need to improve speed of the system in the company (Froggatt, 2009, 2). Secondly, the company systems needed to be simple in their approach, which is quite vital for the users and the information technology department. In implementing new technologies, the complexity of traditional database implementations needed to be cut out, and this could only be delivered by using the most appropriate data warehouse appliances. The use of database administration team needs to be as minimal as possible. This can only be achieved by
Tuesday, November 19, 2019
To analyze the process of Argos' shopping design and supply chain, and Essay
To analyze the process of Argos' shopping design and supply chain, and to implement a business process improvement (My subject - Essay Example They include customer service, procurement, and manufacturing, each of which directly impact into the firmââ¬â¢s performance. They are also classified according to whether they are key or secondary processes; key processes directly impact upon the firmââ¬â¢s mission and strategies (Radhakrishnan & Balasubramanian, 2008). Companies that deliver goods more frequently use methods and techniques involving materials movement and processing. Compared to companies that deliver services, manufacturing and merchandising businesses are more involved in the manipulation of physical resources, and therefore have systems that (1) source raw materials, (2) determine the economic quantity and cost of ordering from suppliers, (3) set standards of quality of materials to be sourced, (4) determine the mode of transportation and the conditions requisite in these various modes, and (5) provide the proper storage facilities with the requisite environmental conditions for as economical a cost as pos sible. These functions pertain to the supply chain, which involves the acquisition and processing of material goods, and their transformation into a form that customers may use. The supply chain also involves making goods available in their present form to the consumers who have need for them. For any manufacturing or merchandising business, the supply chain is ââ¬Ëa global network of organizations that cooperate to improve the flows of materials and information between suppliers and customers at the lowest cost and the highest speedââ¬â¢ (Govil & Proth, 2002, p.7). The supply chainââ¬â¢s overriding goals is the maximization of customer satisfaction, which strategically is the ultimate objective of the business organization. Efficiencies that may be developed in a firmââ¬â¢s supply chain may result in competitive advantages that other firms may not find easy to imitate (Suhong, et al., 2006). This study will explore the operational processes of an actual firm, specifical ly Argos Ltd., subsidiary of the Home Retail Group. The supply chain management of the company will be the focus of the investigation. The objective of the study shall be to describe and evaluate the various operational processes that are undertaken in the course of managing the supply chain, from the time orders are originated with the suppliers to the moment the product is delivered to the consumers who are ultimately the end users. Argos was chosen as the subject of this research, because its merchandising retail operations provide a variety of opportunities and situations to observe the movement of materials and their distribution to the intended market throughout the length of the supply chain system. The case study enables an indepth analysis of the company, to the extent that secondary data is available, in furtherance of understanding the principles of supply chain management. Chapter 2: Literature review and background Literature review The academic literature on supply cha in management is substantial, prompted by the interest of manufacturing operations managers as to how they may improve efficiency and increase customer satisfaction with their products. The studies focus on various important aspects of supply chain management. Karadeniz (2009) draws attention to the importance of the retail site selection and its relation not only to the market
Saturday, November 16, 2019
Use of non-alphabetic languages (e.g. Chinese pictogrraphs) in information system Essay Example for Free
Use of non-alphabetic languages (e.g. Chinese pictogrraphs) in information system Essay One of the problems of information flow in the network system is the language barrier especially when information exchange is between two ports with different language. Linked with this problem is the difficulty in reading the information transferred, unless the two use the same writing system. Today, the effort in universalizing the system of writing or even the language had gone not much farther that is why, even in the information system, the hindrances brought by this problem can be clearly seen. There are a lot of systems of writing around the world but they can be categorized either in at least one of these three groups namely, logographic, syllabary and alphabetic (library. thinkquest. org). The first system, the logographic uses a single symbol to represent a word. The syllabary uses a single symbol to represent a syllable, which can then be combined to form a word. These two systems are of common use to many countries in Asia such as Japan, China and Korea. The last system, the alphabetic, uses characters or letters as the smallest unit to form syllables, which then represents a single unit of sound. Of these three, the alphabetic is the easiest to learn, mainly because it has less number of characters than those of the other systems that even has over thousands of symbols (library. thinkquest. org. ), although this is not necessarily mean that alphabetic is the most effective and efficient form to be use. Having the variety of system used in day to day encounter, the said variety is brought to the electronic-based system of communication which is the information system. The current information system uses mostly the QWERTY keyboard (home. earthlink. net). This type of keyboard specializes in the use of the alphabetic languages. Since alphabetic has only about less than 50 characters including letters and numerals, a unit can be represented in just one key, making it efficient for someone to key in words using the keyboard. On the other hand, system that uses logographic and syllabary such as the Chinese pictographs and the Japaneseââ¬â¢ Katakana and Hiragana cannot have a single representation for a character since they are using thousands of characters and putting one by one in a single key for a character is not practical and even not an idea to think of. Solving this problem, there are two most common approaches in keying in characters or input text for non-alphabetical languages developed and are incorporated in the standard QWERTY keyboard so as to assist non-alphabetical language users to make input a little effective. These two are the radical-based method and the phonetic-based method on inputs (Hamzah pp. 311-312). In the radical based method, the standard stokes for a specific language is typed and then possible characters possessing the strokes you typed are prepared for you and then you select the right character that you are supposed to input. For example, there are 11, 172 Hangul characters but those characters has only 24 fundamental or basic strokes. Thus, to type Hangul or Korean characters, we only need to use 24 keys where every key has a unique stoke. This method is now commonly used in cellular phones. On the other hand, the phonetic-based input method uses the sound property of the alphabetic system in keying in characters. See Figure 1, courtesy of Hampzah p. 311 from http://www. pacis-net. org/file/2006/1104. pdf. In the figure on the previous page, if you want to key in non-alphabetic characters, you must first think of how the word is pronounced and then use its representation in alphabetic system. The original Japanese word can be pronounced as ââ¬Å"tegakinoâ⬠and thus tegakino must be typed in the QWERTY keyboard. Because the Japanese language have complexity in pronunciation brought about by words with similar sounds (www. japan-guide. com), then typing tagekino alone will not guarantee that what you are supposed to type is the right thing, so the system will then list characters with similar pronunciation as tagekino and now you are allowed to select the right group of characters that will fit or that you are intended to type. Noticed that in these two methods, the effort of input of a single character or a word is significantly higher than the effort it takes to input an alphabetical character or a word. This hypothesis is further proven by the study made on the input of Chinese and Japanese characters. The result of the study revealed that it takes about 36% of the total time of input of a Chinese character just to pick the right character from the list, even after the system of writing of Chinese is condensed and over 2000 characters are simplified (www. omniglot. com). Also, about 70% of the total time of input of Japanese characters account for choosing a kanji character that will be used in input for the intended Japanese character (Hamzah p. 313). Time is truly important in many of the transactions in the information system. More of the times, the data transfer must be done in real-time since the information transferred is either very important for the receiver or are controversial. Using the previous two methods of text input for non-alphabetical language, time is sacrificed and thus the flow of information or the processing of information becomes relatively slower, thus affecting great deal of transactions. Studies have been made in solving this issue and they come up with the idea of freeform annotation. Freeform annotation would mean that keying in characters will not use keyboard but by hand or through handwriting. This will use a somewhat scanning device that will scan the input through handwriting and then the system will match the strokes input with the characters stored in database. After the matching has been done, the characters selected by the computer will then be displayed and the user will be prompted by the computer to confirm if the selected characters are the intended characters of the users. However, only few are interested in making studies about the use of this method in information system (Hamzah p. 312). Other solutions that are now getting its way into the electronic system are those that are related to live translation. This would simply means that databases are to be build and programs would be produced so as to make information flow between users with different system of writing meet or be understood by both. Databases and programs such as Automatic Machine Translator, Multilingual Customer Support Platform and Glossary Builder will be utilized during data transfer to suit the preferred language and system of writing of the user (partners. wholetree. com). Thus using these innovations, the language barrier between nations with different systems of writing can now be lessen or even eliminated if more and more advancement with the technology and the linguistics expertsââ¬â¢ cooperation in the succeeding projects. In the electronic age, the common problems that have arises concerning the language has been bought in the electronic-based system. Problems such as variations in the system of writing and the variations of pronunciation and usage of words are now a problem of the information system. Though there are assumed solutions to these problems like the annotation and translation processes, it is still difficult to solve the problems stated above. It is somehow linked with the problems with the variations of culture, for language is somewhat a part of it, that is why it is one of those problems that are almost impossible to give a definite solution. I am only saying it is almost impossible because I believe that through advancement and collaborative efforts, this flaw can have a solution. References Basic Information. 6 June 2007. http://www. japan-guide.com/e/e2050. html. Consider QWERTYâ⬠¦ the Typewriter Keyboardâ⬠¦Ã¢â¬ 6 June 2007. http://home. earthlink. net/ ~dcrehr/whyqwert. html. Hamzah, Muhd Dzulkhiflee, et, al. (2006) A Video Analysis of Eye Movements During Typing. 6 June 2007. http://www. pacis-net. org/file/2006/1104. pdf. ââ¬Å"Simplified Chinese Charactersâ⬠. Omniglot: Writing Systems and Languages of the World. 6 June 2007. http://www. omniglot. com/writing/chinese_simplified. htm#simp. ââ¬Å"The Development of Writing. â⬠ThinkQuest. 6 June 2007. http://library. thinkquest. org/ C004367/la6. shtml.
Thursday, November 14, 2019
Business Ethics Essay -- Ethics
According to Wikipedia, ethics, also known as ââ¬Å"moral philosophyâ⬠, is a branch of philosophy that addresses questions about morality. Concepts such as good and bad, noble, right and wrong, justice and virtue. To business, ethics is a tool to examine principles and moral or ethical problems that arise in a business environment. Therefore, business ethics can be both a normative and a descriptive discipline. Ethics is a part of the larger social ethics, and also always affect business development. In other words, business ethics is a factor of determining the fundamental purposes of a company. Marketing ethics is a subset of business ethics. Because in marketing, ethics deals with the principles, values and ideas by marketers; it shows how they behave in business cases. Marketing ethics affects other processes of business. Visual communication is part of marketing ethics, it is observed and serves as an instrument of epistemic closure restricting worldviews with stereotypes of gender, social status and race relationships. Pricing is how firms work out price between produce processing and customers, Anti-competitive practices with supply and chains, Content of advertisements, like products regarded as immoral or harmful to public. Children and marketing could be concerned in this case. Children is a weak group and should get more protection in business sales action. In fall 2008, Chinaââ¬â¢s baby milk crisis was about thousands of Chinese babies have developed kidney stones after drinking milk contaminated with melamine. An industrial chemical has highlighted the need for the country to improve detection standards for chemical contaminants in foods. In this case, the milkââ¬â¢s company failed to study ethics, instead of seeking profit wit... ...h person has grown up with a particular cultural background and their own understanding of right and wrong. From a businesspersonââ¬â¢s point of view, Social factors also play and important part and so does education and up bringing it. To firms, it has significant meaning to promote ethical spirit with business development. Because ethics is a primary element to all business, ethical is an essential part of the foundation in society. A business or society that lakcs ethical principles is bound to fail sooner or later. References â⬠¢ www.wikipedia.com ( vocabulary & definition search) â⬠¢ CCTV4 ââ¬Å"Face to Faceâ⬠TV Program ( Statistics approve) â⬠¢ Shang Hai University Survey ( Published by China daily ) â⬠¢ Financial Time ( Resources& Example) â⬠¢ (Published by Zhang Ruimin, CEO of Haier) â⬠¢ www.baidu.com (Resources&Example)
Monday, November 11, 2019
Benefit of changing to Activity Based costing system
Activity Based Costing has been of great help to the companies and other forms of businesses. With the help of ABC, the organizations have been able to implement strategies to overcome various problems facing the welfare of their businesses and other activities in the organizations. The organizations have been able to assign cost of each activity to the products and services that are offered by a particular organization. This is done for the sole purpose of elimination of high prices to some products and due to lack or low profits in other products or services.The ABC rule is used as a tool by businesses to assign the cost of the business activities to the goods and services (organization products) offered by the business to its customers. It is used as a tool that understands the customers and the product cost and the overall profitability. It is also used to in supporting the decision making process as would be used in product pricing, marketing, identification and a way to measure the initiative of improvements. IntroductionThe Activity-Based Costing (ABC) is a method used by accountants that can allow the business to collect data in regard to their operations costs. Their operations cost is then assigned to specific activities that include planning, production and other organization activities and then they are associated with the variety of products and services. This enables the company to know what products and services have increasing profits and which have increased losses, this help in learning the flow of each product and service within the company.The use of ABC method help the concerned personnel in the company to prepare an effective data that will aid in preparing budget that will bring a greater achievements in the company and enable the company to have an effective plan for the expense that will keep the company running smoothly for a given period of time. ABC method is mostly effective and is much recommended for a longer period of time over t he short term as opposed by the theory of constraints. Research objectives The objectives of this research are: â⬠¢ To determine the effectiveness of ABCâ⬠¢ To investigate how companies implement the ABC in their activities â⬠¢ To compare the excellence of companies that use ABC and those that donââ¬â¢t use ABC â⬠¢ To determine the advantages and disadvantages of ABC Literature review The activity based costing got first implementation in the 1980s. It was a formed as an alternative to replace the traditional way of cost management systems that was not effective in producing favorable results when allocating the costs. The implementation of the system was advocated by Professor Robert Kaplan of Harvard business school.It was initially used for private business though it has currently gained usage by even the public forums like those used to measure the efficiency of the governance. The ABC programs require proper planning and great commitment from the highest mana gement. It is recommendable to start up with trials in the organization. These trials may be done with the departments that are not performing well as it would be expected of them. This would be a great chance to show that the ABC is an effective system that would save money for the company with great achievements.On the other hand, if the company des not save money on this, either the system process was not well implemented or may not be effective for the company. (Gary, 1998) According to the study, the business should first set up a team that will master the progress of the product and which activity would be appropriate for the product and service. The team should include all persons from the different departments of the company. After the formation of the team and putting in place all the required materials, the activities that cost money are determined. (Cokins, 1999 and David 1991)At this point, great attention is paid for details on each activity are required, most of the co sts might be hidden and may bring in controversy there after for the may not be obvious initially. Even though there might be some replacement to human labor, itââ¬â¢s still important to determine the fixed cost of a product or service. (Cokins, 2000) Even though this method is important to the business, it has some risks. The companies that use the ABC system, the risk using too much time and money while trying to implement the system and collecting data, going through it and in implementations.Lack of detailed data can lead to frustrations of the managers and can on the other hand contribute to the down fall of the system. Mistake done on the data collection can lead to downfall again if not noticed before implementation. (Joyce, 1999) Through the implementation of the activity based costing, the employees are able to understand the different costs that are involved in different activities. This enables them to analyze and identify the activities that add value to the product a nd those that do not, it helps them improve on value and benefits are realized.In the DHL Company, the employees are involved in collecting data and views from the clients; this enables them to involve themselves in quality improvement of their services and eliminate the non profitable activities that enable the overall companyââ¬â¢s efficiency. (Henricks, 1999) The ABC system has helped the DHL Company to answer the market need in providing quality service at a better and competitive price. This system has helped the companyââ¬â¢s to management in the decision making process. (Hicks, 1998) This has helped the company to reduce the price of their services without a decline in value of their services.(Hicks, 1999) The benefits of the ABC system are now in use in most institutions that include the government departments and the public financial institutions. The Barclays bank New York changed its accounting method to provide accurate and cost effective data. Through the change t o ABC, the Barclays bank has particularly found it helpful compared to the former funding based accounting systems that was designed for ensuring legal compliance. (Paulo, 1998) In the use of ABC, the managers are able to direct funds where they are more beneficial.They are able to learn the weaker points in the organization making it easy for them to implement the most beneficial activity in the business. (Robert, 2004) The managers in Barclays bank found that ordinary accounts were not doing much well compared to loans, they campaigned for people to take more loans at simpler rates and prolonged repayments period, and this increased to Banks profits than ever. The bank is launching new loan strategies that are expected to double the profits. (Robert and Bruns, 1987)
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