Swift, Orwell, and King Standing against the Injustices...

Introduction Jonathan Swift and Martin Luther King never compromised their principles even if it might have been practical and expedient to do so, while George Orwell admitted to having done so once, only with great reluctance and regret. At all times, King was ready to sacrifice his life for his principles and finally did so in 1968, while Orwell actually fought for his. Both of these men were in fact heroic examples of activists and intellectuals who took a stand for what they believed right and never gave up or retreated. King faced death many times, and was almost assassinated in Birmingham in 1963, and also went to jail many times for his principles. In the end, he led the civil rights movement to victory in the United States, accomplishing more than any black leader before or since. His Letter from a Birmingham Jail in 1963 was a classic exposition of equal rights and freedom for all human beings, just as Orwells short story Shooting and Elephant was a principled denunciation of British imp erialism. Swift was not nearly as great a hero and moral example as King and Orwell, who took a firm and principled stand against the major injustices of their time. His Modest Proposal was a strong satirical attack against British imperialism in Ireland, though, and the extreme poverty, hunger and oppression faced by the inhabitants of that island. This became his most famous essay, in fact, and one that is still read today as a brilliant example of satire and sarcasm,Show MoreRelatedGeorge Orwell23689 Words   |  95 PagesGeorge Orwell England Your England As I write, highly civilized human beings are flying overhead, trying to kill me. They do not feel any enmity against me as an individual, nor I against them. They are ‘only doing their duty’, as the saying goes. Most of them, I have no doubt, are kind-hearted lawabiding men who would never dream of committing murder in private life. On the other hand, if one of them succeeds in blowing me to pieces with a well-placed bomb, he will never sleep any the worse for

What Are Gender Neutral or Coed Dorm Rooms

From Stanford to Harvard, many colleges offer coed dorm rooms or gender neutral housing. This can be troubling to some parents though many students who have lived in a coed dorm have found it to be beneficial. What is a Coed Dorm Room? Coed dormitories integrate men and women on the same floor or even in the same room. By request, male and female friends can ask to room together. They may also include gender neutral bathrooms. The option was first designed to accommodate lesbian, gay and transgender students who felt more comfortable rooming with someone of the opposite gender. The policy was later expanded to include anyone who requested it. The Advantages of Coed Dorms Many students who live in coed housing quickly become used to having the opposite sex living so close to them. This is especially true for girls who tend to be a little shy and more discrete. Comfortable with Yourself Young women who move into coed dorms may be worried at first about men being in the hallway, lounges, and other communal areas. They may put on street clothes whenever they leave their room. However, many quickly find themselves at ease.  They will wear pajamas to study sessions or hang out in the lounge without perfect makeup and hair. It can be a liberating experience in this sense. Understanding the Opposite Sex Before college, many kids do not have the opportunity to really understand the opposite sex. Even in high school, girls are a mystery to boys and boys a mystery to girls. In the coed dorm scenario, all of that changes. Young men get the chance to see that women are not always dolled up. Young women soon realize that sex is not the only thing men think about. The two sexes become more comfortable with each other without the pressures of a romantic relationship. Room Assignments Now that most dorms are coed, it can be much easier to get the desired room assignment if you are willing to live in a coed dorm. This does not mean that they will be rooming with someone of the opposite sex because students can still request a same-sex roommate. However, for those students who do want to live in a single-sex dormitory, the options are going to be limited because there are often fewer rooms available. If your student wants to live in these, be sure to put in a request right away. What Parents Should Know About Coed Housing Coed dorm rooms are often by student request. If you discover that your child is suddenly rooming with a member of the opposite sex, talk to him candidly before approaching university housing officials. Get the Details It is also important to note that schools are very detailed in their instructions about dorm assignments. You and your child should pay close attention to these letters when they arrive. Some dormitories have meetings during which roommates are assigned by consensus. If this is the case, make sure that your student attends it. Those who miss this meeting could be stuck in a dorm assignment they do not like or you do not approve of. Have a Frank Discussion If you are sending your college student off to a coed dorm, sit down and talk about the situation. Listen to your childs concerns about this situation and make sure that they understand yours. Multiple sexual partners and heavier drinking are both reported to be higher among students living in coed housing. This does not mean that every kid is partying like crazy, but now would be a good time to have another discussion about responsibility. The conversation will let your kid know that you are aware of what they will face. Hopefully, it will also put your mind at ease that they will make smart choices. A last minute chat can serve as a great reminder!

Employee Strengths And Decision Making Strategies

Employee Strengths in Decision Making Strategies Different individuals in a work environment possess various unique strengths which can be applied in making effective work related decisions. Participating in the Strengths Finder Test would therefore help employees to identify what they are good at and how they can use it for the benefit of the company. This paper will focus on developing a training tool that can be used by the management to coach the employees on how to use their unique strengths in making decisions. Some of the strengths that individual employees may possess include flexibility, creativity, teamwork, communication and interpersonal skills, dependability and leadership among others. Each strengths listed above play a†¦show more content†¦Decision making process depends on the trust build between members of the team. In the absence of trust, members will always be suspicious of decisions or suggestions made by other members of the team resulting to challenges in making sound business decisions. Teamwork and creativity among employees also play a major role in the decision making process. To begin with teamwork, members ought to be in unison and direct all their efforts, knowledge and skills towards achieving specific goals set by management. The process of bringing this team together involves various business decisions which require teamwork. All members of the team for instance should agree to work together in order to form an effective team. The success of the team will also be pinned on the creativity and innovative abilities of the individual members forming the team (Phillips Gully, 2013). The modern business environment is very dynamic and therefore requires a creative and innovative team to make the complex decisions in the dynamic environment. It is therefore clear that the personal strength of each employee in a modern work environment plays major role in the decision making process. Managers have a role to play in developing their employees to utilize their strengths in decision making processes. Their role involves providing a conducive environment in the work places for employees to use their strengths to develop courses of action that solve a variety of the managementShow MoreRelatedHRM - Best Practices and RBV1107 Words   |  5 PagesNB: Look at how the weaknesses of one model can be fixed by another model. BEST PRACTICE MODELS INTRODUCTION Due to the ever increasing rivalry between organisations, managers have been forced to develop strategies to allow them to compete in the competitive business environment and to provide the organization with a sustainable competitive advantage. This is where HRM, and the topic of best practice models appear. WHAT IS BEST PRACTICE MODELS? Although, there is no real definition of bestRead MoreDecentralized Organizations And Its Impact On Organizational Strategies863 Words   |  4 Pagesdecentralization. Centralization is the extent that and organization’s decision-making is made at a single point or by a single person. In centralized organizations, top managers make all of the decisions, while lower-level managers and employees follow their instructions. In decentralized organizations, decision-making is delegated to work groups or the managers who are closest to the organization’s day-to-day actions. Centralization affects employee/manager relationships by providing a more stable environmentRead MoreWhat Can A Supervisor Do?832 Words   |  4 PagesWhat Can a Supervisor Do? Supervisors can ensure equity by focusing on building relationships. This can be done by applying the Expectancy Theory. â€Å"Expectancy Theory holds that the force to act in certain way results from a conscious decision-making process that an individual undertakes† (Pynes, 2013, p. 310). This theory focuses on the following relationships: †¢ The effort to performance relationship: Exerting a given amount of effort will lead to the desired performance. †¢ Performance-reward relationships:Read MoreEssay on Kongstrup case1128 Words   |  5 PagesMachine Factory Case Ramon Merbis 1665825 Krijn Roodenburg 1656002 MPEN-IB04 Content Page 3 The challenges facing Kongstrup after the collapse of the alliance with MB Page 4 Advantages and disadvantages of an open approach to decision-making Page 4 Environmental uncertainty for Kongstrup Page 5 New organizational structure Kongstrup Question 1: The challenges facing Kongstrup after the collapse of the alliance with MB Kongstrup Machine Factory was establishedRead MoreHuman Resource Management And Retail Banking1317 Words   |  6 Pagesthis commitment. Between all the functional areas that Regions Bank is organized, all of the departments communicate effectively and efficiently. The company is organized to allow any employee to input opinions. The cultural is an open environment that is decentralized. Also, the management is localized with decisions. This allows local employees within a branch or office to make the proper adjustments to cater to to the customer. Based on Region’s company culture, the company devotes a lot of theirRead MoreThe Value Of Swot Analysis Essay1459 Words   |  6 PagesTheory There can be no manner of doubt about the value of SWOT analysis in the business filed. It helps managers to consider essential aspects of environment in their organization and help them to organize their ideas. During the process of making decision, managers should consider about the alternatives that based on SWOT in the organization (Panagiotou, 2003). Coman and Ronen (2009) point out that the excellent point of SWOT is the internal scrutiny of the capabilities in an organization, as aRead MoreBe Own Products And Services1416 Words   |  6 Pagesemployees included profit sharing, employee discounts on products, the ability to use company outdoor equipment for personal use, and company sponsored outdoor trips. When the Internet was developed in the late 1990s, many retailers wondered what role it would play in retail marketing, and Internet commerce was forecasted to become a multi-billion dollar as soon as the year 2000 (Hart, Doherty, Ellis-Chadwick, 2000). This change prompte d Bean to do a review of its strategy moving forward and how the companyRead MoreMarketing Analysis : Pfizer And The Rest Of The Pharmaceutical Industry775 Words   |  4 Pagesat a lower cost† (p. 1). Once Pfizer’s strengths, weaknesses, opportunities, and threats are assessed and analyzed, managers must decide a set of strategies to reduce or eliminate its weaknesses and capitalize on its strengths and maximize opportunities. An example is Porter’s three generic strategy approaches of differentiation, cost leadership, and focus strategy by using differentiation strategies to differentiate Pfizer from its competitors. Strategies are essential; however, it is useless unlessRead MoreA Letter From Wiley Foxley1596 Words   |  7 PagesLakeside and Capital City would be a strong move for both companies. Strength for StilSim would be the assets that come along with Capital Staffing. StilSim is going to have to automate and become more efficient with its back o ffice functions. Capital Staffing already has software in place and has been using it successfully (Franklin University 2013). The level of efficiency for StilSim would increase dramatically. Another strength would be the staff of Capital Staffing. A fresh set of eyes and perspectiveRead MoreElements Of Effective Organization Organizations1266 Words   |  6 PagesElements of Effective Organizations Every organization strives to become a high performing organization. The essential elements of effective organizations include a practical business structure, an excellent communication strategy, competent managers, and influential leaders. The elements of success are the same for all organizations; however, the process of incorporating the elements are different because every organization is unique. Organizational Structure Effective organizational structures

“the Taming of the Shrew” vs “10 Things I Hate About You”

William Shakespeare wrote a famous piece called â€Å"The Taming of the Shrew† in the late 16th century. In 1999, a modern version of Shakespeares piece was created into a film called â€Å"10 Things I hate About You†. They are obviously both similar due to the fact that â€Å"10 Things I Hate About You† was a remake of the original, but they are not completely the same. The modern film version was changed to suit a different audience of the time period and contained more up-to-date features. The play â€Å"The Taming of the Shrew†, is basically about a â€Å"shrew† named Katherine Minola who is infamous for having a bad temper and being volatile. It is thought that no man would ever want Katherine due to the fact that she would be temperamental and†¦show more content†¦Another example is that Petruchio, at first, only agrees to marry Katherine for the dowry. The same thing happens in the movie when Patrick agrees to date Kat for the money presented to him. They do fall in love with Katherine and Kat in the end. The differences between these two pieces of work are also fairly obvious. In the play the two women are daughters of the Lord of Padua. The movie is modernized so that it takes place in aShow MoreRelatedGirls And 10 Things I Hate About You1782 Words   |  8 Pagesfilms, Mean Girls and 10 Things I Hate About You, successfully illuminate the motives and characterizations of young adult life and the troubles and tribulations that come along with it. 10 Things I Hate About You is a film about teenagers growing up in Seattle in the 1990’s. The music, clothing, and slang presented in the movie all emulate the time period in which it was released. The movie itself is based off of the play by William Shakespeare, The Taming of the Shrew. Senior, Kat Stratford

Lessee Ltd.- Lease Case Free Essays

| Lessee Ltd. – Lease Case| | | | | | 1. Was the junior accountant’s analysis correct? Why or why not? No, the junior accountant’s analysis is not correct in classifying the lease as an operating lease in accordance with IFRS. We will write a custom essay sample on Lessee Ltd.- Lease Case or any similar topic only for you Order Now Whether or not a lease is classified as a finance or an operating lease depends on if all of the benefits as well as risks of ownership have been shifted from the lessor to the lessee. According to IAS 17-10(d), a lease must be classified as a finance if either â€Å"the lease term is for the major portion of the asset’s economic life† or â€Å"at the inception of the lease the present value of the minimum payment amounts to at least substantially all of the fair value of the lease asset. † With regards to this case, the term of the lease is equal to 75% of the equipment’s useful life. Also, the present value of the annual payments would equal $263,716 with the fair value of asset only being $265,000, which makes the present value of the minimum lease payment 99. % of the fair value of the leased asset. With these criteria being met it satisfies the requirements of IAS 17 and would therefore be classified as a finance lease 2. Was the senior accountant’s analysis correct? Why or why not? The senior accountant’s analysis is correct according to IAS 17. The way the senior accountant lays out his thought process in a step-by-s tep process creates a nice â€Å"checklist† to compare to the IAS. Beginning with step one, the senior accountant classifies the lease as a finance lease on the terms that the life of the contract encompasses the majority of the equipment’s useful life. According to IAS 17. 10, the senior accountant is correct. Whether a lease is a finance lease or an operating lease depends on the substance of the transaction rather than the form. Situations that would normally lead to a lease being classified as a finance lease include the following: [IAS 17. 0] * the lease transfers ownership of the asset to the lessee by the end of the lease term * the lessee has the option to purchase the asset at a price which is expected to be sufficiently lower than fair value at the date the option becomes exercisable that, at the inception of the lease, it is reasonably certain that the option will be exercised * the lease term is for the major part of the economic life of the asset, even if title is not transferred * at the inception of the lease, the present value of the minimum lease payments amounts to at least substantially all of the fair value of the leased asset * the lease assets are of a specialized nature such that only the lessee can use them without major modifications being made In his second step, the senior accountant uses the wrong interest rate. He states, â€Å"Since the lessee’s incremental borrowing rate is greater than the lessor’s implicit rate in the lease, compute the present value of the minimum lease payments using the 11 percent rate. † This is wrong because IFRS does not permit the lessee to use the incremental rate if the implicate rate known. He should have used %10 for his calculations. At commencement of the lease term, finance leases should be recorded as an asset and a liability at the lower of the fair value of the asset and the present value of the minimum lease payments (discounted at the interest rate implicit in the lease, if practicable, or else at the entity’s incremental bo rrowing rate) [IAS 17. 20] * PV of the minimum lease payments = $100,000Ãâ€"2. 4896 + $20,000 x 0. 7513 = $263,716 Lastly, the senior accountant uses the wrong number from step 2 and therefore is incorrect in determining the amortization tables. Table 1 below shows the corrected table. * Finance lease payments should be apportioned between the finance charge and the reduction of the outstanding liability (the finance charge to be allocated so as to produce a constant periodic rate of interest on the remaining balance of the liability) [IAS 17. 25] * The depreciation policy for assets held under finance leases should be consistent with that for owned assets. If there is no reasonable certainty that the lessee will obtain ownership at the end of the lease – the asset should be depreciated over the shorter of the lease term or the life of the asset [IAS 17. 27] 3. How would the answer differ under U. S. GAPP? Under U. S. GAAP many things in the Senior Accountant’s computations would change. First you would allocate the payments based on the 10 percent implicit rate from the lessor not the 11 percent incremental borrowing rate from the lessee. This would change the total Lease Obligation to $263,716. Below is the new table allocating payments between interest and lease obligation. Table [ 1 ] Year| Cash pmt| Interest expense (10%)| Reduction in Lease Obligation| Balance of Lease Obligation| 0| | | | $263,716| | $100,000| $26,372| $75,131| $190,088| 2| $100,000| $19,009| $80,991| $109,097| 3| $100,000| $10,910| $89090| $20,007| The balance is the residual value at the end of the lease ($20,007? $20,000). The journal entry to re cord the lease obligation would have to change based on the correct percentage. Leased Equipment under Capital Lease $263,716 Lease payable$263,716 The correct journal entry to record Year 1 payment would be: Rent Expense $2,000 Interest Expense$26,372 Lease payable$73,628 Cash$102,000 There would not be any depreciation recorded on this leased equipment due to the title not transferring or a bargain purchase option. How to cite Lessee Ltd.- Lease Case, Essay examples

Personal and Professional Skill for Virgin Atlantic

Questions: 1. Evaluate the personal skills required to achieve strategic goals of virgin atlantic using appropriate methods (need to evaluate the skills using appropriate methods). 2. Apply the various techniques to assess the professional skills required to support some strategic directions of virgin atlantic(use some techniques to assess the professional skills). Answers: 1. Personal skills Virgin Atlantic The method to evaluate personal skill is formative assessment which is a technique for judging the value of a project while the system exercises are framing (in advancement). This some piece of the assessment concentrates on the methodology. It allows screening of how well the personal objectives and destinations are being met. The skills get enumerated below. Time management It may be helped by a scope of abilities, apparatuses, and procedures used to oversee the time when fulfilling particular undertakings, activities, and objectives following a due date. At first, time administration alluded to simply business or work exercises, yet in the end the term grew to incorporate individual exercises also. A period administration framework is a composed mix of techniques, apparatuses, systems, and strategies. Setting Goals and priorities These objectives are recorded and may be separated into an extended, and activity arrangement, or a straightforward assignment list. For individual errands or for objectives, an imperativeness rating may be created, due dates may be set, and needs doled out. This methodology brings about an arrangement with an assignment rundown or a timetable or schedule of exercises. Effective Communication Compelling relational abilities are basic to accomplishment in numerous parts of life. Numerous employments require solid relational abilities and socially individuals with enhanced relational abilities typically appreciate better interpersonal associations with loved ones. Viable correspondence is a key interpersonal aptitude and by figuring out how we can enhance our correspondence has numerous profits. Decision making Each choice settling on procedure delivers the last decision that might possibly provoke activity. Choice making is the investigation of recognizing and picking options focused on the qualities and inclination of the chief. Choice making is one of the focal exercises of administration and is a gigantic piece of any methodology of usage. 2. Professional Skill for Virgin Atlantic Professional skills get assessed by us of summative evaluation. It is a method of judging the worth of a skill at the end of the program activities (summation). The focus is on the outcome. The skills get enumerated below. Leadership skills The capacity to lead successfully is focused around various key abilities. These aptitudes are exceedingly looked for after by executives as they include managing individuals in such a route as to propel, enthuse and manufacture regard. Secure Routines Increase control over the day by joining some compulsory principles of association. Working in a jumbled environment can add to your anxiety. Clear the desktop of jumble each one night. Put aside times to return telephone calls and check messages. Effective delivery Touching base at work without an everyday arrangement is a critical authoritative slip. Utilize calm time Sunday night to set objectives for the week ahead. The manager needs a discriminating extend around the work area; piece out time to give to the task. Note all gatherings on your timetable. Set a caution to alarm you a couple of minutes preceding arrangements and gatherings. Predictable, on-time landing is the indication of a genuine expert. If the employment comprises of off-site gatherings, plan them geologically to maintain a strategic distance from ineffective travel time. Organization Invest time on the drive or before leaving home to rationally get ready for the day's difficulties. View the master plan by investigating the requests that anticipate one at the workplace. Rationally planning is similar to warming up before activity. This strategy hones the capacity to manage challenges beneficially and effectively. Abstain from Multitasking As enticing as it might be, multitasking adds to the anxiety and may harm both the profit and the nature of your work. It is difficult to create more information in an instance. Multitasking can be a hard propensity to break; however preparing yourself to handle one task at once accomplishes the work accurately, and without mental bobbing over and over again between activities. References Buer, M. (2012). U.S. Patent No. 8,332,653. Washington, DC: U.S. Patent and Trademark Office. Cummings, T., Worley, C. (2014). Organization development and change. Cengage learning. Daft, R. (2012). Organization theory and design. Cengage learning. Drucker, P. (2012). Management. Routledge. Priya Datta, P., Roy, R. (2011). Operations strategy for the effective delivery of integrated industrial product-service offerings: two exploratory defence industry case studies. International Journal of Operations Production Management, 31(5), 579-603. Rummler, G. A., Brache, A. P. (2012). Improving performance: How to manage the white space on the organization chart. John Wiley Sons. Roscoe, L. A., Tullis, J. A., Reich, R. R., McCaffrey, J. C. (2013). Beyond good intentions and patient perceptions: competing definitions of effective communication in head and neck cancer care at the end of life. Health communication, 28(2), 183-192. Werner, E., Zucker, E., Matzkel, B. (2013). U.S. Patent No. 8,484,327. Washington, DC: U.S. Patent and Trademark Office. Weick, K. E. (2012). Making sense of the organization: Volume 2: The impermanent organization (Vol. 2). John Wiley Sons. Yeung, J. H., Ong, G. J., Davies, R. P., Gao, F., Perkins, G. D. (2012). Factors affecting team leadership skills and their relationship with quality of cardiopulmonary resuscitation*. Critical care medicine, 40(9), 2617-2621.

Venture Project Economics and Finance

Question: Discuss about the Venture Project Economics and Finance. Answer: Introduction: In modern business environment there are various factors that impacts business decisions of management and managers at veracious levels. Business organization is has to deal with various unpredictable factors that together impacts business operations. Financial management and management accounting in modern business environment has been growing at tremendous rate. These manage financial resources as well as cost components of business organization. Managerial decision making process has been changed to great extend for management of business operations. With the advent of growing competition and consideration of various external environmental factors, two important analyses becomes mandatory for management. Breakeven analysis and sensitivity analysis are two concepts that together provide decision making information to management or managers at various levels. Both the analysis use different input or data to process and generate some decision making information for management. We wil l be discussing both the analysis in detail in this literature review. Breakeven analysis is an economic concept which is used to generate some information related to indifference point in cost of commodity and benefit from commodity. Breakeven analysis examines that point (i.e. indifference point) in business operations where cost of product is fully recovered. Breakeven analysis or point is that point of business operations where all cost related to commodity has been recovered. Beyond breakeven point there will be real profit for the business organization. From management prospective it is necessary for management or managers to change price of commodity according to competition and market conditions to stay in competition. Breakeven analysis is used in this situation for measuring cost and profitability after certain level of business operation (Badiru, 2016). Breakeven analysis supports profitability decisions of management along with cost control capabilities after certain level of business operations. Breakeven analysis uses relationship between costs incurred, profit per unit, selling price per unit and other managerial concepts. Components of breakeven analysis Breakeven analysis has three main components that altogether support decision making process. Fixed cost can be defined as the cost which remains constant throughout the production process. Total fixed cost will be used in this method as base for calculating breakeven point in the production and selling process. Variable cost is the cost which changes with the change in level of business operations or production. Variable cost is incurred on per unit basis and varies in total. Selling price per unit is the per unit price of commodity at which it is exchanges between buyer and seller (Miranowski and Rosburg, 2010). Breakeven point can be calculated in units and in monetary terms also. Breakeven analysis or point is that point at which all cost related to production is recovered and beyond that level there will be only profit. This analysis also helps business organization to take decisions related to selling price of product or commodity. Breakeven analysis has been used by management or management accountant of the business organization in term of decision making process. Since breakeven analysis establishes relationship between cost, profit and volume (units), therefore this relationship is widely use by management in terms of deciding appropriate level of production (Yang and Meziani, 2012). Following are some other advantages of breakeven analysis: Make or buy decision making: Breakeven analysis analyses relationship between production units and cost recovery point of operation. Then management can decide at breakeven point, if buying price of commodity is lower than variable cost then management shall opt for buy decision (Cipollini and Canty, 2013). Make or buy decision is not possible without analysis and interpretation of breakeven analysis results. Production planning: Another advantage of breakeven analysis is production planning that can be taken on the basis of breakeven analysis results. Products recovering cost early shall be produced first and process shall goes on and this ultimately reaches to optimum production process with maximum profitability. Optimum output: Breakeven analysis also reflected or analysis optimum level of output in the business organization. Since breakeven analysis results in calculation of profit or loss at different level of output therefore optimum level of out can be measured (Meena et al., 2013). Graphical analysis of breakeven analysis From the above graph it can be analyze that there are different point of time or different level of production under which cost is incurred. Indifference point or breakeven point is that point where income line cross or intercepts total cost (fixed cost and variable cost) line. On x axis of above graph, output or production units has been reflected. On Y axis, fixed cost and variable cost has been reflected. As and when output or production increases then there will be increase in variable cost and fixed cost at the same time (Lemons, 2012). Line A shows income in above graph and before recovery of variable and fixed cost there is loss for the business organization. On the other hand, after line of inception or after breakeven line there will be profit for the business organization. Management can use such graph of breakeven analysis in decision making process. Once output or production or sales reaches Q point in above graph, then at that point of output all cost has been recovered (Sadrani, 2014). Beyond that point there will be only profit for the business organization and this area is known as margin of safety sales. Business decision making is one of the most difficult and useful management accounting tool that can be employed by top management of business organization. In terms of decision making process managers or top management use what if analysis that analysis results under different situation. What-if analysis examines likely or probable outcome uncertain event. It is well known fact that business operates in uncertain and unpredictable external environment that management has be control and analyze in its decision making process. Sensitivity analysis comes into play when defined parameters and assumption are subject to errors or any uncertain changes while or after results. Sensitivity analysis also measures impact of changes or errors on end result or outcome of any process or model (Bris, 2015). Sensitivity analysis is the managerial tool that examines or measures change in result when input or data has been changed from its actual position or actual value. Sensitivity analysis explore s changes in end result or defined output when source or input data is changed within specified limit. Therefore sensitivity analysis can be used as risk assessment tool for managerial decisions of business organization. Use of sensitivity analysis Sensitivity analysis has broader usage for the management or decision makers of the business organization in terms of various sections of business operations. Sensitivity analysis is majorly used for capital budgeting decisions because of long term nature of decisions and involvement of huge financial resources. Sensitivity analysis tends to measure accuracy in net present value of capital project that is undertaken. It is not used to measure risk or works net present value of capital project. As net present value of capital project is future oriented measure and requires prediction in terms of cash flows. Therefore risk of wrong estimation or wrong prediction is there that can lead to wrong decision making. Presence of sensitivity analysis can lower the risk by measuring end result under different net present value of undertaken capital project (Dimi and Liliana, 2014). Sensitivity analysis measures change in outcome or end result of capital project with the change in net present va lue. This is measures by analyzing ratio of change in net present value and change in outcome. Another use of sensitivity analysis is to establish relationship between input and output of system or decision making case. It is used define understanding and estimating relationship between input of case or system and output. This helps in assessing level of risk included in the undertaken case or system. This risk assessment capability will enhance understanding of risk involve in decision making and degree of change in output when there is change in level of input (Hirst and Murphy, 2015). Therefore sensitivity analysis is mainly used in decision making and case making situations by top management. Advantage of sensitivity analysis Planning tool: Sensitivity analysis is used to analyze and measure risk involve in undertaken project or future course of action. This capability serves useful information to management in terms of risk involved and level of changes required. Therefore management can plan for future course of actions and plan for safety stock in terms of different resources. Problem identification: Sensitivity analysis measures risk involved in project and marks input points where risk is identified in overall system or undertaken project. This analysis identifies problem areas in achieving organizational objectives and goals by successfully completing different projects. Therefore this analysis provides direction to management at different level of business operation regarding crucial activities (Ferretti and Tarantola, 2016). Therefore management will be able to focus on identified crucial success activities or factors having high degree of risk. Optimum solution of problems: Sensitivity analysis is used to identify optimum solution of the problem and provide less risky solution to the management. Sensitivity analysis provide base for change management in the undertaken project. Those areas in the project are highly sensitive then it can be replaced with alternate course of action or quality of those activities can be placed (Joshi and Zhu, 2016). This capability of sensitivity analysis serves base for decision making process to management in terms of successfully achieving objective of project. References Badiru, A. (2016). Equity Breakeven Point: A Graphical and Tabulation Tool for Engineering Managers. Engineering Management Journal, 28(4), 249-255. Bris, M. (2015). Sensitivity Analysis as a managerial decision making tool. Faculty of Economics in Osijek, 291-294. Cipollini, A., Canty, P. (2013). Inflation breakeven in the Jarrow and Yildirim model and resulting pricing formulas. Quantitative Finance, 13(2), 205. Dimi Ofilean, Dan Ioan Topor, Liliana Paschia. (2014). Profit Sensitivity In The Decision - Making Process. Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice, 24(1), 199-213. Ferretti, Saltelli, Tarantola. (2016). Trends in sensitivity analysis practice in the last decade. Science of the Total Environment, 568, 666-670. Hirst, Guy, Murphy. (2015). PRM122 - Sensitivity Analysis: How Much Impact Does It Have on The Nice Decision Making Process? Value in Health, 18(7), A704. Joshi, Zhu. (2016). An exact method for the sensitivity analysis of systems simulated by rejection techniques. European Journal of Operational Research, 254(3), 875-888. Lemons, D. (2012). When to Start Collecting Social Security Benefits: A Break-Even Analysis. Journal of Financial Planning, 25(1), 52-54,56-60. Lokesh Kumar Meena, Chandra Sen, Shoji Lal Bairwa, Arun Jhajharia, N. K. Raghuwanshi. (2013). Economics of Garlic Production in Baran District of Rajasthan; Break Even Analysis. Asian Journal of Agriculture and Rural Development, 3(10), 697-701. Miranowski, J., Rosburg, A. (2010). An Economic Breakeven Model of Cellulosic Feedstock Production and Ethanol Conversion with Implied Carbon Pricing. Department of Economics, 4-8. Sadrani, Y. (2014). Breakeven Analysis. Business Technology, 5-15. Yang, J., Meziani, A. (2012). Break-Even Point Between Short-Term and Long-Term Capital Gain (Loss) Strategies. Journal of Investing, 21(4), 115-126.