Thursday, June 30, 2016

How To Review Your Essay's Parts Of Speech Mistakes

Mastering the art of essay writing is a complex procedure with various elements that need to be perfected. Often, the most common mistakes made are the small little ones like spellings, punctuation and grammar that often lead to the failure of your essay. No matter how great an idea you come up with, if you fail to put them down in words correctly and clearly, your essay won’t taste success. Thus, here we will talk about correcting and omitting parts of speech mistakes that are very commonly made even by professional essay writing service providers.

The four most challenging parts of speech are pronouns, adjectives, adverbs and prepositions. Following is how to use them correctly and how to correct your mistakes to compile a great essay.
Pronouns are words used to refer to or to take place of a noun. Words like they, he, I, me, them, his, her, etc. are all pronouns. Now in order to use pronouns correctly, there should be agreement between the noun and the pronoun on three lines:
- Agreement in Number – For a singular noun, a singular pronoun must be used
Incorrect: Four girls jumped into the lake, she drowned.
Correct: Four girls jumped into the lake, they drowned.
- Agreement in Person – It would be wrong to switch your sentence to different person pronouns like from first person to second to third. The pronouns used for first person are I, we, us, me, etc. For second person we use You and in the third person he, she, him, they, her, etc. are used.
Incorrect: When the manager reaches the office, they should have his presentation ready.
Correct: When the manager reaches the office, he should have his presentation ready.
- In Obvious Referral To The Noun – It should be very clear to the reader as to which noun is the pronoun referring to.
Incorrect: Nancy and Fancy both went to the fair, but she did not return. (Who did not return, Nancy or fancy?)
Correct: Nancy and Fancy both went to the fair, but Nancy did not return.
Adjectives are words used to describe or modify nouns and pronouns. They add description and information about a thing, place or person in a sentence. It is only the choice of adjectives that makes an essay writer’s work unique. The ability to describe a particular thing aptly so that the reader can visualize what you wish to portray is an art, accomplished by professional  custom essay writers through correct use of adjectives. While too many may make your sentence look wordy and flowery, too few may make your essay boring and hard to relate to.
Words that describe verbs, adverbs are mostly easily spotted since most of them end with –ly, such as quickly, slowly, nicely, etc. However, most mistakes are made when adverbs that do not end with –ly are used. For example, Well is often misused in place of its counterpart Good which is only used to describe nouns whereas the former is used for verbs.
These are the connector words that are used to show the relationship between space or time. They connect nouns or pronouns to other words in a sentence and are used to position or connection of a noun with respect to other words of the sentence. The common problems associated with prepositions are two. One – unnecessary usage and two – prepositional phrases. While sometimes, using a preposition where not required may look like beating about the bush, often essay writers get confused with prepositional phrases which are words that are always followed by a particular preposition in order for it to make sense like Account For, Speak With, Different Than, etc.
Incorrect: I picked up this dress from the new store
Correct: I picked this dress from the new store.
These mistakes are common but easy to correct. With just a little care, one can master the art of essay writing and taste success in whichever field they wish to go.

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Thursday, June 23, 2016

Profit Maximization with Limited Capacity: Ordering a Best Seller

Opportunity costs are important to be taken into consideration while evaluating business decisions for a firm. Need help with economics homework? Let us take an example of the manager working in a bookstore who is in a fix with the number of copies of a new bestseller that he must order. He believes to forecast sales accurately based on previous experience. His estimated equation is P = 24 – Q where
P= price in dollars
Q= quantity of books sold per month in hundreds
The bookstore is known to buy from the publisher at a price of $12 per issue. The following questions must be considered:
1. In case there is plenty of shelf space, how many copies of the book must the store order and how much price should they charge?
2. In case of limited shelf space and an assumption that profit made per copy on the shelf amounts $4, how much should the order quantity and price of bestseller be?
3. Consider that after having received the order for question 2 stated above, the manager finds out that the predicted sales of the bestseller were much higher than actual sales. Actual demand turns out to be P = 18 – 2Q. Now, the manager intends to return a few copies and receive a refund of $6 per book returned. How many copies must he return and consequently how many must be sold? What must the price be? Find economics homework answers below.
Microeconomics assignments state that marginal costs can be used to calculate optimal order quantity. As per question 1, the marginal costs incurred are $12 per book. As per economics assignment help experts, maximization of profit is done by equating MC and MR.
MR = 24 – Q
Therefore, 12= 24 – 2Q, Q = hundred books
P= 24 – 2Q, P = $18 per book
 Question 2 will consider an opportunity cost of $4 along with price of $12. Hence, marginal costs sum up to $16. When MR = MC, the values of Q and P are calculated to be 400 and $20 respectively. 
Because of the absence of unlimited shelf space, the manager would order a lesser number of books than in Question 1, as per assignment help professionals. The probability of having ordered 400 v/s 600 books can be compared using economics coursework. The forgone profit amount is equal to $4 per book. Hence, this proves that ordering 400 books is the more profitable option considering the sunk profit amount on the sales of other bestsellers. According to macroeconomics assignment help experts and the logic of marginal analysis, ordering 400 books is the most profitable and therefore 400 becomes the optimal order quantity. 
Now coming to Question 3, if demand falls to P = 18 – 2Q, economics assignment help experts state that $12 which is the purchase price becomes a sunk cost. Opportunity costs will still hold value. According to university assignment help experts, total sum of opportunity cost = 6 (refund value) + 4 (shelf-space profit) = $10. 
18 – 4Q = 10, Q = 2, 
P= 18 – (2)(2), P = 14
Hence, optimal order quantity is 200 books and price must be $14. Assignment experts state that the remaining books (200 in number) must be returned to claim a refund of $1200. 

Tuesday, June 14, 2016

Corporate Finance vs. Entrepreneurial or Personal Finance

Corporate Finance vs. Entrepreneurial or Personal Finance
In this paper, a comparison of corporate finance with the entrepreneurial or personal finance has been made with a view to provide corporate finance assignment help. The corporate finance implies the management of financial resources of the large corporations by the financial manager. The entrepreneurial or personal finance implies the management of financial resources in a small organization. Essay writers on the finance assignment help has stated that the functions and concepts of financial management remain the same in the both the cases. The difference is only of the scale of operations, the corporations operate at large scale in comparison to proprietary enterprises. This difference in the scale of operations affects the assumptions of perfect market.      

Corporate Finance vs. Entrepreneurial or Personal Finance
The assumption of the perfect market states that the rate of borrowing for all the borrowers should be equal. This assumption of the perfect market holds true only in respect of the large corporations. Thus, the large corporations can reasonably assume that the borrowing rates charged by the bank for funds borrowed will be equal for all the borrowers falling within the same category. Further, the credit risk attached with the borrowings of the large corporations also tends to be lower. Due to lower credit risk, the lending and deposit rates of the quoted by the bank also tend to be same for the large corporations as asserted by the experts providing help with accounting homework.
However, the situation is different in regards to the small enterprises. Finance homework solution providers state that the small enterprises bear higher credit risk in comparison to the large corporations. The higher credit risk causes imperfections in the market. Due to the higher credit risk in case of small borrowers, the bank lending rates tend to be higher than the bank deposit rates. This implies that the bank provides loan at the higher interest rates and takes deposits from such small enterprise at lower rates. Further, the lending rates of the banks also differ from case to case basis depending upon the risk profile and financial standing of the enterprises.
Therefore, it is essential to note that the credit risk is an important factor in determining the interest rates to be charged by the bank on the credits extended. The large corporations are generally incorporated as the separate legal entities, thus, the risk of solvency remains lower. On the other hand, the proprietary enterprises run business in the individual capacity, which exposes it to the higher risk of solvency. Due to the higher risk of solvency, the default risk is also measured high, and therefore, the bank charges higher interest rates on the loans sanctioned to the small business.  

Based on the above discussion, it can be inferred that the assumption of a perfect market is reasonable for the large corporations, while it may be unreasonable for smaller enterprises. In other words, it can also be said that the difference in the interest rates due to the information mismatch does not arise in the case of large corporations. However, in the case of small enterprises, the difference in interest rates due to information mismatch could arise.  
The discussion in this paper revolves around the issue of market imperfections in case of corporate and entrepreneurial finance. The major difference between the corporate finance and entrepreneurial finance as identified in this paper is the scale of operations. The corporations operate at a larger scale than the proprietary enterprises as suggested by the experts providing financial management assignment help. Due to the lower default risk, the market imperfections do not apply in case of large corporations and thus, the interest rate is not affected by the information disagreement. The essay writing services UK are available on this issue for further clarifications.  

Friday, June 10, 2016

Different forecasting methods

Assignment help experts state that forecasting refers to finding an estimate for demand/ sales in future. There exist two major types of forecasting: Quantitative and Qualitative forecasting.
Quantitative forecasting methods are applied when:
1. There is availability of past numerical data
2. It is advisable to assume that the past trends shall continue in the future.

There are several methods that can be used for forecasting. Most commonly used methods use either cross-sectional data or time-series data.
Let’s take a look at what these methods are:

Cross-sectional Forecasting:

With the help of this kind of data, assignment experts aim at predicting a value that has not been observed, using information available from observed cases. Examples for those seeking help in economics assignment:
1. The price of houses sold in a given year in a specific area. We can predict the price of a house about which we do not have data by using its characteristics common to other houses like number of bedrooms etc.
2. The data regarding fuel economy of cars belonging to 2011 model. The carbon footprint value that we are unaware of, regarding a specific vehicle can be calculated using information about fuel efficiency and engine size. 

Macroeconomics assignment help experts state that cross sectional models are put to use when there exists a relationship between dependent and independent variable. The dependent variable is the value to be forecasted and independent variable(s) is the predictor. A cross-sectional model identifies the relationship and forecasts values of the desired variable using the same. Change in predictor value leads to change in forecasted value. 

Time-series Forecasting:
Time series data is the one that changes over changing periods of time. Some examples given in economics assignments are profits, stock prices, quarterly sales for companies, rainfall statistics per month etc.
Any value observed in a sequence over a time period forms a part of time series data. Time series could be regular i.e. daily, weekly, annually and so on or irregular i.e. spread across time unevenly. 
Through time series forecasting, university assignment experts aim at determining the continuation of a sequence of events in the present to the future. The figure given below shows the Australian beer production, on a quarterly basis, from the year1992 up to the third quarter of 2008.
The blue lines are indicative of the forecasted production over next two years. The forecasts have understood the past patterns and replicated the same in order to give a similar trend over the next two years. The region that appears dark and shaded depicts 80% prediction intervals. This means that the probability of future values lying in the dark region is 0.8 or 80%. Similarly, the area shaded light depicts 95% prediction intervals. These intervals help in determining uncertainty in forecast.  As per a principle of economics coursework, the more narrow the interval, the better the accuracy.
Time series data utilizes the information available about the variable that needs to be forecasted and is not concerned with factors affecting and impacting its behavior.
The article aims at throwing light on different types of forecasting methods for those seeking economics assignment help. There exist two major types of quantitative forecasting method which are cross-sectional forecasting and time-series forecasting. Cross sectional data is collected at one point of time while time series data is collected over a period of time. The two methods study past trends to make predictions about future figures.

Thursday, June 9, 2016

How Can You Do Skin Preparation for Preventing Infection?

Patient’s skin proves to be the easiest means for the microbial infestation during the course of surgical intervention. Infections at the surgical site contaminate around 5% of the surgeries annually across the United States that add to the economic burden of the population. Therefore, systematic and evidence-based skin preparation on the surgical site highly necessary in reducing the predisposition of the surgical candidates in terms of developing debilitating infections following the surgical intervention. Various agents and techniques for skin preparation advocated by the clinical literature; however, the utilization of aqueous and alcohol based solutions recommended by renowned surgeons in the context of providing longer-term protection to the candidates enrolled for surgical interventions. The following facts explain the significance of aqueous/alcohol based solutions in reducing the chances of skin infection following the surgical interventions.
• Aqueous based solutions contain povidone iodine in solubilised form that effectively ceases microbial DNA and proteins on the skin surface and does not exhibit any adverse reaction after its utilization in skin preparation. 
• Alcohol based solution contains isopropyl and ethyl alcohol that extend antimicrobial action on the skin surface requiring surgical intervention. 
• Isopropyl alcohol exhibits adhesive property that assists in the fixation of surgical drapes on the skin surface for effectively ceasing the microbial invasion across the surgical field. 
• Alcohol based solutions effectively utilized in irrigation during complex surgical interventions and exhibit antimicrobial activity for controlling bacterial infection.  
The following evidence-based conventions require implementation while preparing and draping the patient for any type of simple or complex surgical intervention.
• Surgical candidates require undertaking antiseptic bath prior to preparing them for the surgical approaches. 
• The traces of soap or shampoo require removal from the patient’s skin prior to applying chlorhexidine gluconate for preparing the skin. 
• The surgical team must practice caution while utilizing chlorhexidine gluconate as it exhibits the potential of causing corneal irritation on the surgical subjects.   
• The surgical team requires instructing the patients for avoiding body lotion prior to arriving at the operation theatre as body lotion exhibits the potential of deactivating biostatic capacity of the anti-infective agents used during the surgical site preparation. 
• The shave prep procedure requires execution prior to surgery stringently in accordance with the instructions provided by the concerned surgeon and minimum time lag between shave removal and microbial growth should exist for reducing the scope of infection progression. 
• The shave prep intervention needs execution across the preoperative setting while maintaining the privacy and dignity of the concerned patient. 

• Conventions of surgical practice warrant the utilization of depilatory cream or electrical clipper for hair removal from the surgical site prior to the execution of surgical intervention. 
• Non-disposable hair removal devices require disinfection with the utilization of guidelines stipulated by evidence-based surgical literature.    
• The shave preparation requires application of water for reducing the scope of the skin laceration and irritation.
• The members of the surgical team require washing their hands prior to undertaking skin preparation for surgical intervention. 
• The surgical team requires removing oil and debris from the skin prior to the surgical preparation. 
• Fat solvent ointment requires application on the surgical site for its effective cleaning by the surgical team. 
• The surgical team requires wearing sterile gloves while preparing the skin for surgical intervention. The structures adjacent to the surgical site require the application of anti-infective solution for preventing the transfer of infection to the associated structures. 
• The skin preparation at the surgical site requires execution in a circular manner while initially covering the clean portion of skin and subsequently acquiring the dirty portion. 
• The surgical team should not utilize alcohol-based agents while preparing the mucous membranes for surgical intervention. 
• The surgical team should apply gentle pressure on the site of surgical intervention while preparing the skin and spreading the anti-infective solution.
• Triclosan requires utilization while undertaking facial preparation in the context of its non-toxic attribute. 
• Anti-infective agents with flammable properties require practicing caution while applying on the site of surgical intervention and their warming strictly prohibited in relation to the safety of the surgical subjects.  

The surgical team requires practicing evidence-based infection control strategies and best practice guidelines for effectively utilizing skin preparation techniques prior to undertaking surgical intervention in the context of reducing the scope of infection progression. This practice is also followed by nursing assignment help experts.. The periodic evaluation of skin preparation agents necessarily required across the healthcare settings for their systematic utilization during the surgical intervention. Education programs and training sessions require periodic organization in the context of elevating the awareness of medical professionals in effectively utilizing infection control strategies and aseptic interventions for preparing the skin of surgical candidates. Furthermore, an adverse event following the skin preparation on the surgical site requires timely reporting to the concerned surgeons in the context of their earliest treatment across the pre-operative setting.   How Can You Do Skin Preparation for Preventing Infection? is also a favorite essay writing topic for many universities. 

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Wednesday, June 1, 2016

Elasticity of Demand

Managerial point of view, it is very important to know the factors that can change the level of demand. It is addressed by the demand sensitivity. The study of demand sensitivity is the analysis of the sensitivity or responsiveness of demand for a product to the change in factors or parameters that constitute the underlying demand function. Price of product, price of raw materials used to produce the product, expectations of the price, consumer income, their preferences, their taste, etc. are the factors that can have an impact on the demand level. It is important for managers to be aware of the effects of altering these parameters when they are making decisions. For instance, a business recession comes into the picture. It, in turn, leads to reduce the consumer income. Then, a manager must know the effects of changes in the consumer income on demand. If, for example consumer income has reduced, the management can take the corrective action in advance such as the necessary cutting down of price. The price cut will offset a decline in sales caused by the fall in consumer income. Because of this action, the business wouldn’t be hampered and could be lifted up. These all would be possible through the use of the demand elasticity.

Isn’t it amazing that we can trap the sensitivity of demand in number terms? Elasticity of demand measures the responsiveness of the demand to changes in one of these parameters, keeping constant the other factors of the demand function. In demand function, demand is considered as a dependent variable and other parameters that influence the demand level are considered as the independent variables.

Elasticity of demand is defined as the percentage change in the demand; a dependent variable, resulting from a 1% change in the value of an independent variable; any one factor that has impact on the demand level. Elasticity of demand can be calculated using formula given below:

Here, one point should be noted that the denominator of the above mentioned formula should consider only one independent variable at a time. It will give the clear picture about how the demand responses to this particular independent variable.

Let’s clarify this concept using example. Consider the independent variable as price of a product. Now, let’s see how the price of a product has influenced its demand. When we take price (P) as an independent variable and demand (D) as a dependent variable, then the elasticity of demand is known as the price elasticity of demand. It is determined using formula, given below:

For example, assume two situation. One is when the cinema ticket price is $5, the demand for a ticket is 20,000. Other one is when the cinema ticket price is $6, the demand for a ticket is 10,000. Based on this information, let’s find how sensitive is the demand for a cinema ticket to its price.

So, a 1% increase in price from $5 led the demand to reduce by 2.5%. Here negative sign reflects that the two parameters; price and demand move in the opposite direction. Demand is inversely proportional to price. This means, if price increases, the demand for a product decreases. Similarly, if price decreases, the demand for a product increases.

Price elasticity concept provides a useful measure of the effect of a price change on revenues. The Price elasticity of demand is specified in any one of the three range.

·         1: It means the absolute value (regardless of positive or negative value) of elasticity is more than one. It is known as elastic demand. It is a situation where a price change results a more than proportionate change in demand. In this case, total revenue will be lowered by a price increase and will be raised by a price decrease.

·         |2: It means the absolute value (regardless of positive or negative value) of elasticity is less than one. It is known as inelastic demand. It is a situation where a price change results a less than proportionate change in demand. In this case, total revenue will be lowered by a price decrease and will be raised by a price increase.

·          3: It means the absolute value (regardless of positive or negative value) of elasticity is exactly one. It is known as unitary elasticity. It is a situation where the effect of a price change exactly offset the change in demand. In this case, total revenue remain the same, regardless of price change.This can also be be done by custom writing professionals.

Elasticity of demand provides the basis to managers to decide on the level of current and future demand. As we see it is a very useful measure. Through elasticity of demand, one can get the clear picture of the demand scenario. At the same time, it provides the clear picture of the situational impact on total revenue as explained above.In Case a student finds all this too difficult then there are always assignment help websites to help the student.