Finance and Resource Management Essay Example | Topics and Well Written Essays - 2500 words

Finance and Resource Management - Essay Example On the other hand new vehicle would be depreciated by $900 if the same technique were to be followed. The vehicle would be used, on an average 80 kilometers. The fuel efficiency is 8 kms per litre of petrol. Thus, there is a requirement to use 10 liters petrol. Each litre is costing about $2 and so petrol cost would be $20 per day and for 355 days, it would be $7100. The new vehicle has better fuel efficiency giving 10 kms per litre. It would thus require 8 litres per day and with the same cost of petrol, the yearly requirement would be $5680 (that is, 8 litre * $2 * 355 days). Cost of maintenance has gone up in the recent time. As the vehicle has been subject to severe wear and tear, the maintenance cost is estimated in the order of 20 percent of the car. That is, $1000 this year. But maintenance cost for the new car would be very low. It would not exceed 2 percent of its actual cost. This would be therefore $180 per year. Based on the information provided as above, the budget for operating the old vehicle has been mapped below. This has been juxtaposed against the possible cost that will be incurred for operating a new vehicle for similar purpose. Based on the above consideration, operating old vehicle is costlier than the new one. For instance, the annual cost of running the old patrol car is $8600, whereas that of new car would be $6760. There is a difference of $ 1840. In one of the company meeting, it was decided to have annual gathering under the pretext of a training program. The participants included middle level manager numbering about 25 from the United States. The department conducted basically a training program involving talk by about eight invited guests, who had to be given mementos. As these experts were drawn from best performers’ list working for our organization, it was decided that no honorarium would be paid. These participants were asked to stay in a hotel for 2 days. Hotel room tariff was $ 400 per day on twin sharing

Sociological Perspectives on Students and Families Essay

Sociological Perspectives on Students and Families - Essay Example The individuals look for its support at precarious state of affairs, and hence remain in strong bondage and constant connection with the family throughout their life. The family is the basic building block of society because it performs important function such as conferring social position and regulating social activity. To most family members the family is a haven in a heartless world. (Macionis, 2007) Before the arrival and advancement of industrialization, there existed the concept of extended family set up, where blood relations including grandparents, parents, real uncles and aunts, and children were considered the part of one family unit. However, rapid industrialization has given birth to the concept of nuclear family structure, where husband, wife and children are regarded as one family unit. Additionally, the individuals have got the way of living together as couples without marriage in modern times, which have popularized the concept of single parenthood in the western soci eties of contemporary world. Child rearing and socialization of the young ones is viewed as the most imperative obligation of a family. Initially, man enters the informal learning process at home while having interaction with parents and siblings.