Society during the teenage years Essay Example | Topics and Well Written Essays - 1250 words

Society during the teenage years - Essay Example Documentary Sources: This research was conducted by me by interviewing two of my close relatives including my grandfather and one of my mother’s cousin’s mothers-in-law. The purpose of selecting these two sources included, to acquire first-hand information, my easy access to interview them and their experience and knowledge about the difficulties they had to face at their teenage. Summary: According to two of my relatives who were born in the year 1960s, young generation today is much more developed as compared to the ones born in grandparent’s generation. The major difference between the two generations is the expression of speech. Today, youngsters have comparatively more freedom to express their ideas as more information and knowledge is available to them. This is because in today’s society we are competing on the international level which why being informative and knowledgeable is essential. They further stated that, during their teenage years it was t he period where they did not have the right or courage to openly put up their thoughts because of the fear of getting unemployed, getting into the prison and at times even of the fear of being murdered. Therefore, in order to remain protected and safe they preferred choosing the politically acceptable path. However, today youngsters are much more open to express their ideas through articles, internet and editorials internationally. It is due to the easy exchange of ideas that we are experiencing positive transformation and change in our current society. Youth today has the opportunity to attain the best possible education as the quality of education has improved drastically. There are unlimited amount of universities functioning throughout the world providing you the option to select the best for yourself. In addition to the advantages, they believe that there are also several shortcomings that are currently prevailing in the society including the existence of corruption in every ty pe of field and profession, less confidence in achieving their goals successfully in future, fading traditions, lacking patriotism and national values. It has been seen that corruption exists in almost every profession whether it be teaching or police force. All respected professions too are involved in corruption and bribery. However, in our grandparent’s era corruption was very rare because people believed in the saying, â€Å"honesty is the best policy.† Therefore, every individual who was deserving and intelligent had the chance to be successful. Furthermore, they also believe that youth today do not have the confidence of being successful in future as competition has increased and people are unaware and confused about what they actually want to achieve. On the other hand, people in olden days were well-aware of their goals and studied accordingly to achieve them. The added advantage our grandparents had in their teenage was less amount of competition. Past traditi ons are gradually diminishing due to which majority older population today are jobless and are treated as an unwanted burden

Managing Revenue and Working Capital to Avoid Factoring in Health Orga Essay - 1

Managing Revenue and Working Capital to Avoid Factoring in Health Organization - Essay Example Another risk is that when debtors default in paying their invoices on the stipulated date the hospital risks paying more interest to the factoring company which was not budgeted for. Lack of proper management of working capital and revenue inflow might lead to the business getting to a situation of insolvency. Creditors to the health organization might be claiming from the organization more than the assets of the organization which might lead to bankruptcy. This might tatter the image of the organization and lead to poor performance of the credit rating of the hospital. Banks and other financial organization will refuse to extend any loan to the hospital in future date which might cripple the organization when a need for capital arises in future dates. When the health organization gets into this situation it will lack the liquid capital to grow, pay suppliers or meet unexpected costs within the health unit. Some of the measures that the finance officer has to take into consideration to avoid such situations are: The health organization will need to balance between acquisition of assets and payment of its recurrent expenditure like salaries and wages. The moderate form of working capital policy would suit the health center to avoid situations of the need of having to look for short-term debts to pay for its current and long-term assets. This policy will do away with risks that come with the aggressive policy of working capital where short-term debts will be needed to finance fixed or permanent working capital. The fluctuating working capital will be financed through short-term borrowing. This situation will eliminate a situation of financing all the working capital needs from short-term loans which may lead to factoring within the health unit (Nowicki, 2011). The health organization might be expanding or buying long-term assets like medical equipment.  Buying of these assets will lead to huge cash outflows which will affect the availability of cash to meet other expenditures.