Nursing At The 21st Century - 1347 Words

Nursing in the 21st Century As healthcare moves from the Industrial Age to the Information Age, a new role for nurses as knowledge workers comes in its wake (McGonigle Mastrians, 2015). In his definition of a knowledge worker, O’Grady cited â€Å"that the knowledge worker is someone who synthesizes a broad array of information and knowledge from a wide variety of sources and brings that synthesis to bear on nursing work† (O’Grady Malloch, 2003, para. 2). Thus, a knowledge worker is one who translates and integrates information that would eventually be applied in the context of patient care (O’Grady Malloch, 2003). Nurses, as knowledge workers, therefore, have moved â€Å"from the process and function orientation to that of outcome and evidence-based direction† (O’Grady Malloch, 2015, para. 1). Nurses Are Knowledge Workers. How Does Nursing Move From Measuring The Tasks Completed To Measuring The Final Outcome Of The Patient? As a knowledge worker, a nurse moves from the role of a â€Å"data gatherer, information user, knowledge user, and knowledge builder, respectively† (McGonigle Mastrians, 2015, p. 114). It is in the role of a knowledge user that the nurse starts to take â€Å"notice of the trends in a patient’s clinical data and determines whether the clinical data fall within or outside the normal data range† (p. 114). In measuring the final outcome of the patient as suggested by O’Grady and Malloch (2003) Not only should we empower patients, but also we simply don’tShow MoreRelatedClinical Nursing Practice in the 21st Century Essay1368 Words   |  6 PagesMaryville University | Clinical Theory Practice of the 21st Century | Assignment 4.1 | | Sally Fandek | 9/1/2012 | [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] | In a world where there is constant change, and individuals are constantly attempting to adapt and cope with these changes, the human experiencesRead MoreEvolution Of Nursing Care Theories In The 21St Century708 Words   |  3 Pagesof the complexities of 21st century medicine is the evolution of nursing care theories in combination with a changing need and expectation of the stakeholder population. Nurses must be advocates and communicators, but must balance these along with an overall philosophy of ethics while still remaining mindful of budgets and the need for the medical institution to be profitable (McCance, 1999). Nursing sensitive indicators reflect the structure, process and outcomes of nursing care, and thus are highlyRead MoreThe Paradigm of 21st Century Nursing: Theories of Caring and Practice2625 Words   |  10 PagesParadigm of 21st Century Nursing One of the complexities of 21st century medicine is the evolution of nursing care theories in combination with a changing need and expectation of the stakeholder population. Nurses must be advocates and communicators, but must balance these along with an overall philosophy of ethics while still remaining mindful of budgets and the need for the medical institution to be profitable. It seems as if these issues comprise a three-part template for nursing: respect forRead MoreThe Nursing Profession Has Gone Through Numerous Transformations Throughout The 21st Century1645 Words   |  7 Pages The nursing profession has gone through numerous transformations throughout the years; dating back to Florence Nightingale. She began the movement of professionalism. This movement marked a time when nurses were eager to get an education and had the opportunity to acquire it through a nursing program (Alligood, 2010). From this movement on, nursing has continued to change at a very rapid pace. The Institute of Medicine (IOM) report describes patient needs and environment being much more complexRead MoreNorth Carolina s Nursing Shortage875 Words   |  4 PagesNorth Carolina’s Nursing Shortage: An Introduction Current internal and external hospital stressors are impacting NCs nursing shortage. With the release of many reports from different sources suggesting a change is needed. Most have been accurate in their projections; however, the struggle continues. Strong implications for the direction the crisis is heading, from campaign research to thesis and dissertations, written by professional groups and organizations add credibility to the cause; howeverRead MoreSituation Specific Theory Within The 21st Century928 Words   |  4 PagesSituation-Specific Theory in the 21st Century Christene O’Loughlin Maryville University â€Æ' Situation-Specific Theory in the 21st Century The nursing profession has evolved dramatically since Florence Nightingale. Nursing is now the largest health care profession in the United States and comprises one of the largest workforces (Rosseter, 2011). Nursing has become an increasingly specialized field and using a theoretical basis that defines the person receiving care should be the goal for nursing interventions (ImRead MoreClinical Nursing1157 Words   |  5 Pagesrange from grand, to situation-specific, to mid-range the nurse tends to focuses on which theory will provide the best care to his/her patient. Perhaps in my opinion mid-range theories with their growing frequency of use are best suited for nursing in the 21st century. Mid-range theories are said to be middle rather than ordinary but they are specific enough to evaluate observed situations (McCurry, Revell, Roy, 2009). There are multiple reasons why mid-range theories offer some of the most up to dateRead MoreA Vision Of Future Of Nursing Professionals1371 Wor ds   |  6 PagesIdentifying Nursing Leadership Priorities Abstract: A vision of future of nursing professionals is the initial action required for enabling nurses in influencing people’s health. Nurses can continue with providing leadership for creating communities which are healthy. Leadership changes dynamically and reflects contexts from which this is exercised. 20th-century models of business enterprise, work, organization, relationships, are undergoing radical change with respect to leadership in 21st century. ThisRead MoreChallenges Facing the Nursing Profession722 Words   |  3 PagesChallenges Facing the Nursing Profession in the 21st Century By: Kerry Z Today there is a national nursing shortage as the healthcare industry rapidly changes. Aging baby boomers mean demands on the healthcare system will only increase in the coming years. Fast forward a few years and we see many challenges ahead for nurses. Our textbook covers issues such as generational differences in an aging workforce with poor prospects for replacementsRead MoreHow Medicine Changed American History1296 Words   |  6 Pagestoday’s society experiences, and what postmodern societies will continue to experience. Over time, the progression of medicine affected American soldiers during times of war, changed how diseases were discovered and treated, and impacted the way 21st century Americans view medicine and medical professionals. As expected, with war comes extensive injuries. During WWI, it took a wounded soldier about 24 hours to travel from the battlefield to a hospital. Many times, the soldiers did not live through

Analysis Of The Book The Bluest Eye - 1484 Words

Within The Bluest Eye, as in real life, black people, no matter their wealth or education, are constantly faced with the assumptions and demands of a Eurocentric dominated world. Some of these involve encounters with actual people, as when white furniture movers refuse to take back the Breedlove’s torn couch, or when a white candy store owner displays his contemptuous indifference towards Pecola because she’s black. In the novel,Morrison looks deeply into the personality of her characters, exploring the insidious ability of white supremacy to ambush the black psyche, ultimately crippling what we now call our self-esteem. The novel’s primary object of critique is the â€Å"thing† that makes some children automatically more valuable than others, more loved because they are considered more beautiful. This â€Å"thing† finds its way into the novel’s girls via their parents and the other black adults around them, who coo over white babies on the s treet but not black ones, and who give their black children white dolls, Shirley Temple drinking cups, and affectionate nicknames based on white movie stars. One of many scenes that forces you to really think and comprehend what is happening describes the failed attempts by Claudia, her sister, and Pecola to befriend a wealthy and popular, even with the teachers, mulatto classmate, Maureen Peal. All the girls can eventually manage to do is to simply hate each other, and the adult Claudia explains that the cause was something external to them all,Show MoreRelatedAnalysis Of The Book The Bluest Eye 1917 Words   |  8 Pages1. Through the Big Screen and Flashing Lights In the book The Bluest Eye Mrs. Breedlove talks about who was her motivation, who gave her drive to start dressing up nice and refashioning herself. She started using celebrities as role models or a mirror to help her find ways for her to get the same physical attractiveness they have. In the book Mrs. Breedlove mentions that,†I went to see Clark Gable and Jean Harlow. I fixed my hair up like I’d seen hers on a magazine. A part on the side, with oneRead MoreAnalysis Of The Book The Bluest Eye 1115 Words   |  5 Pagesbeliefs. However, in The Bluest Eye by Toni Morrison, the topic of racism is approached in a very unique way. The characters within the novel are subjected to internalizing a set of beliefs that are extremely fragmented. In accepting white standards of beauty, the community compromises their children’s upbringing, their economic means, and social standings. Proving furthermore that the novel has more to do with these factors than actual ethnicity a t all. In The Bluest Eye, characters experience aRead MoreAnalysis Of The Book The Bluest Eye 1290 Words   |  6 PagesIn the book, â€Å"The Bluest Eye† the main character is Pecola. Pecola is a young African American who wishes she was a blonde hair, blue eyed white girl. Pecola feels like many of us have at some point, where nothing really matters, nobody likes me or i am not good enough for a certain group of people. Her family barely has any confidence, which makes them have learned to accept their ugliness. Her parents do not even see the good in themselves. Due to this, Pecola rarely gets love from her family orRead MoreAnalysis Of The Book The Bluest Eye 1855 Words   |  8 PagesClaudia is also shown having the mind of a naà ¯ve nine-year-old. Why does Claudia have this double personality in this story? 2.) Throughout Morrison’s story, there seems to be no white allies. A vivid black versus white picture is painted in The Bluest Eye. Overcoming societal standards begins with society as a whole. Why is there no collaboration to combat injustices that black females go through? 3.) Claudia says she begins being upset about her racial characteristics, realizing her beauty is notRead MoreAnalysis Of The Book The Bluest Eye 1818 Words   |  8 Pages3 February 2016 The Bluest Eye In order to fulfill her greatest desire of having blue eyes, Pecola decided to seek out Soaphead Church for help. Growing up â€Å"ugly† resulted in Pecola having internalized self-hatred. She often sat wondering and â€Å"trying to discover the secret of the ugliness, the ugliness that made her ignored and despised at school, by teachers and classmates alike.† To Pecola, eyes were everything; â€Å"everything was there, in them† (Morrison 45). Because her eyes were so important,Read MoreAnalysis Of The Bluest Eye1555 Words   |  7 Pages The Bluest Eeye Bbackground A woman’s race and the time period she lives in influences not only whether she will be a victim of sexual assault but also, the punishment of the offender. Toni Morrison, The author of The Bluest Eye, a victim of segregation, deals with sexual assault and segregation in her book. Chole Anthony Wofford, who goes by the name of Toni Morrison when writing her books, was born in Lorain, Ohio on February 18, 1931. Her father had several jobs to supportRead MoreToni Morrisons Sula - The Judgment of Sula703 Words   |  3 Pageswith her book The Bluest Eye. In 1973 she published her second novel Sula, and she has been writing ever since. Sara Blackburn reviewed Sula for the New York Times when it first made its way onto the scene, and while she did offer a nice plot summary, her review seemed to carry a message addressed to Morrison rather than to the reader. nbsp; Blackburn begins her article by discussing Morrisons first book, The Bluest Eye, claiming that because of the womens movement The Bluest Eye attractedRead MoreThe Bluest Eye Essay1462 Words   |  6 PagesToni Morrison’s The Bluest Eye (1970) takes place in Ohio towards the tail end of the depression. The story focuses on the character of Pecola Breedlove who wants to have blue eyes. Pecola becomes convinced that if she had blue eyes her life would be different. Through the eyes of our narrator, Claudia, and her sister Frieda we see the pervasive racism and abuse Pecola is subjected to. Claudia and Frieda act as witnesses to Pecola’s disintegration and as a result, they will spend the rest of theirRead MoreThe Bluest Eye And Marxism : Race Creates Vulnerability1554 Words   |  7 PagesThe Bluest Eye and Marxism: Race Creates Vulnerability Famous African American social reformer Frederick Douglass once said, â€Å"Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is an organized conspiracy to oppress, rob, and degrade them, neither persons nor property will be safe.† In other words, Douglass believed that a society that takes advantage of and devalues people of a certain class, including—considering DouglassRead MoreToni Morrison s Beloved And The Bluest Eye2300 Words   |  10 PagesAuthor/Work Literary Analysis Paper Toni Morrison s Beloved and The Bluest Eye Toni Morrison is known for her use of poetic language. In many of her writings Morrison captures the pursuit of African Americans identities(Parnell). Considering Morrison never experienced the horrific tragedies she writes about, she is a witness to many identities that were destroyed by society depiction of them. The themes that Toni Morrison illustrates in her works Beloved and The Bluest Eye demonstrates how Toni

Hamlet Act Iv Summaries and Laertes Analysis Free Essays

Hamlet Act IV Scene 1 Summary:After Gertrude’s conversation with Hamlet, Gertrude is startled and worried, so she goes to Claudius while he is speaking to Rosencrantz and Guildenstern. After Rosencrantz and Guildenstern leave, Claudius asks Gertrude how Hamlet was, and Gertrude replies that he is as â€Å"Mad as the sea and wind when both contend/ Which is the mightier† (IV. 1. We will write a custom essay sample on Hamlet Act Iv Summaries and Laertes Analysis or any similar topic only for you Order Now 7-8). Gertrude then tells Claudius that Hamlet has killed Polonius, and Claudius notes that if it had been him behind the curtains, Hamlet would have killed him. Claudius then tells Gertrude that they must send Hamlet to England right away and find a way to explain Hamlet’s act. He then calls for Rosencrantz and Guildenstern again and tells them about the murder and tells them to find Hamlet. Hamlet Act IV Scene 2 Summary:In Act IV Scene 2, Hamlet has just disposed of Polonius’s body. Shortly after, Rosencrantz and Guildenstern enter and ask Hamlet what he has done with the body. They tell him that they want to bury him in the chapel. Hamlet refuses to answer them and instead accuses them of being spies for Claudius. Finally, Hamlet agrees to go with Rosencrantz and Guildenstern to Claudius. Hamlet Act IV Scene 3 Summary: In Act IV Scene 3, Claudius speaks to a group of two or three other people about the murder of Polonius and how he plans to send Hamlet to England because he is too dangerous. Rosencrantz and Guildenstern then enter with Hamlet, who says that Polonius is at a supper in which he is being eaten by worms. Finally, Hamlet admits that Polonius’s body is under the stairs in the lobby, so Claudius tells his attendants to go find the body. The King then tells Hamlet that he must leave for England immediately, and Hamlet, pleased, leaves. When Claudius is alone, he says that he hopes that England will put Hamlet to death. Grace Miao Ms. Gordon European Literature 18th November, 2012 Hamlet Act IV Scene 4 Summary: In Act IV Scene 4, Fortinbras leads his army to Poland. He tells the Captain to go ask the Danish King if they may travel through Denmark safely. On the way to the King Claudius, the Captain meets Hamlet, Rosencrantz, and Guildenstern. Hamlet asks what the army is doing and who it belongs to. The Captain replies that the army belongs to Prince Fortinbras of Norway and that they are heading to Poland to attack the Poles. When Hamlet asked what the purpose of the attack is, the Captain replied that it was over â€Å"a little patch of ground/ That hath in it no profit but the name† (IV. 4. 19-20). Hamlet becomes shocked that a battle could be fought over something so insignificant and notes that his revenge on Claudius gives him more to gain than Fortinbras would gain from the land. Hamlet becomes angry with himself for giving up on his revenge and declares that his thoughts will be bloody or else they will be worth nothing. Hamlet Act IV Scene 5 Summary:In Act IV Scene 5, Gertrude says to a gentleman and Horatio that she does not wish to speak to Ophelia; however, Horatio tells her that Ophelia should be pitied because her grief has made her mad, so Gertrude finally agrees. When Ophelia enters, she is singing. When Claudius enters, he says that Ophelia’s grief is caused by the death of her father and that many other people have been disturbed and suspicious of Polonius’s death. He also says that Laertes has sailed back to Denmark secretly. Laertes then enters with a mob of people who call him lord and say that he will be king. Laertes is furious and exclaims that he will avenge his father’s death. When Ophelia, still mad, enters again, Laertes becomes furious again. Claudius tries to calm Laertes down and tells him that he did not kill Polonius and that Laertes should take revenge on the correct person. Claudius then manages to convince Laertes to listen to his version ceof Polonius’s death. Grace Miao Ms. Gordon European Literature 18th November, 2012 Laertes’ Character Analysis Act IV Scene 5 1. In order for an actor to understand Laertes better in Act IV Scene 5, the actor must understand how Laertes acts as a foil for Hamlet. In this scene Laertes, like Hamlet, has a father’s death to avenge. The difference, however, is that Laertes is active and does not think deeply about the method whereas Hamlet was passive and a man of thought. (IV. 5. 151-154). 2. Laertes’ motivation and objective in this scene is to avenge his father’s death by murdering whoever killed Polonius because he is furious over his father’s death and Ophelia’s insane state of mind. (IV. 5. 237-242). 3. Laertes is furious that his father has been murdered. (IV. 5. 151-154). He is also extremely angry over the fact that Ophelia has gone mad because of grief. (IV. 5. 78-187). 4. When Laertes storms in demanding for his father, Claudius attempts to calm him down by replying that Polonius is dead. (IV. 5. 145). Gertrude tries to soothe Laertes by replying that Claudius did not kill him. (IV. 5. 146). 5. Laertes affects the events in Act IV Scene 5 by setting the play up for the scene in which most of the acti on will take place. He is prepared to murder whoever killed his father and made his sister insane. (IV. 5. 237-242). He is affected by the events of the scene because he is told that his father is dead and then sees his sister wander in acting mad. This makes him furious. . Laertes acts as a foil to Hamlet in this scene because both have a father’s death to avenge; however, Laertes is a man of action while Hamlet is a man of thought. The second Laertes realized that his father was dead, he becomes furious and vows to take bloody revenge. Hamlet, on the other hand, was passive and depressed after he realized that his father was dead. It also took Hamlet a lot longer to be ready to take revenge. (IV. 5. 151-154). 7. When we saw Laertes last, he was calmer. Laertes has changed in that in this scene, he is angry over the death of his father and the insane state of mind of his sister. IV. 5. 149-151). This change helps set the action of the play in motion because Laertes is planni ng to take revenge for his father’s death. 8. This act makes me wonder how Laertes will react when he realizes that it was Hamlet who murdered his father because earlier in the play, Laertes told Ophelia to be careful of Hamlet. In this act, Hamlet also indirectly made Ophelia go mad because of grief, so Laertes may react stronger because it was Hamlet’s doing. 9. When Laertes says, â€Å"To hell, allegiance! Vows, to the blackest devil! / Conscience and grace, to the profoundest pit! I dare damnation. To this point I stand,/ That both the worlds I give to negligence,/ Let come what comes, only I’ll be revenged/ Most throughly for my father† (IV. 5. 149-154), it demonstrates the difference between Laertes and Hamlet because this line accentuates how Laertes is a man of action. Immediately, Laertes declares that he will avenge his father’s murder while Hamlet went through a long period of depression before he finally decided to take action. Grace Miao Ms. Gordon European Literature 19th November, 2012 Hamlet Act IV Scene 6 Summary: In Act IV Scene 6, Horatio meets two sailors who were entrusted with a letter from Hamlet. In the letter, Hamlet writes that his ship has been captured by pirates who then brought him back to Denmark. Hamlet then tells Horatio to escort the sailors to the King and Queen because they have messages for them as well. He then says that he has a lot to tell Horatio about Rosencrantz and Guildenstern. After reading the letter, Horatio brings the sailors to Claudius and then goes with them to find Hamlet, who is revealed to be in the countryside near the castle. Hamlet Act IV Scene 7 Summary:In Act IV Scene 7, Claudius and Laertes discuss Polonius’s murder. Claudius tells Laertes that Claudius simply buried Polonius secretly. He then explains to Laertes that he did not punish Hamlet for the murder because Gertrude and the citizens like Hamlet, and he does not wish to upset them as King. A messenger then enters to give Claudius a letter from Hamlet that stated that Hamlet was returning to Denmark. Claudius and Laertes then begin planning Laertes’s revenge for his father’s death. Claudius remembers how Hamlet had been jealous of Laertes’s sword skills, so he tells Laertes to challenge Hamlet to a duel. During the duel, Laertes will use a sharpened sword rather than the traditional dull sword. Laertes is also going to put poison at the end of the sword so that a single scratch from it would kill Hamlet. Claudius then comes up with a back-up plan in which if Hamlet wins, Claudius will give Hamlet a goblet of poisoned wine to celebrate. After this, Gertrude enters and tells them that Ophelia has drowned in a river due to her insane state of mind. Grace Miao Mrs. Gordon European Literature 24th November, 2012 Laertes’s Character Analysis Act IV Scene 7 1. In order for an actor to understand Laertes better, he must understand the anger that Laertes feels towards Hamlet for murdering his father. Because of this, the actor must understand how Laertes felt extremely happy to hear that Hamlet was returning home. (IV. 7. 60-63). He must also understand the grief and rage that must have been going through Laertes when he was told that Ophelia had drowned in a river due to her grief. (IV. 7. 211-217). 2. In Act IV Scene 7, Laertes’s objective is to murder Hamlet. Throughout most of the scene, Laertes was plotting his revenge with Claudius. The motivation behind his objective is the death of his father. He wishes to take revenge on whoever murdered his father and caused his sister to go mad. IV. 7. 159-168). 3. Laertes feels extremely happy that Hamlet is returning to Denmark because it allows him to take his revenge for his father earlier. (IV. 7. 60-63). When he finds out that his sister drowned in a river due to grief, however, he becomes saddened and angry again, and possibly even more intent on taking revenge than before. (IV. 7. 159-168). 4. Claudius treats Laertes car efully and helps Laertes plot his revenge because he also wants to kill Hamlet. He suggests that Laertes tempt Hamlet into a sword duel, thus providing Laertes a chance to kill Hamlet. He also prepares a backup plan in which he will poison a cup of wine in case Hamlet wins. (IV. 7. 108-120). Laertes appears to have on particular feeling towards Claudius, but he feels extremely angry towards Hamlet and is happy that Hamlet is returning early because he can now take revenge earlier than previously planned. (IV. 7. 60-63). 5. Laertes plans his revenge for his father’s death in this scene. This helps build up most of the action that will take place in the next act. This also prepares many of the other characters for their deaths. Laertes is affected by events in this scene because Hamlet’s arrival to Denmark helps set his plan in motion earlier than planned. (IV. 7. 60-63). Ophelia’s death also increases his anger towards Hamlet and motivation for revenge. (IV. 7. 211-217). 6. This scene helps portray Laertes as a foil for Hamlet because it took Hamlet an extremely long time to be ready to take revenge for his father’s death, whereas Laertes was ready to kill Hamlet even without a true plan. Laertes was so willing to kill Hamlet whenever possible that he was even willing to kill Hamlet in church. (IV. 7. 143). 7. There was not a significant change in Laretes in this scene as compared to scene 5 because in both scenes, Laertes’ was extremely angry over his father’s death. In this scene, however, Laertes found out who killed his father and is now ready to take revenge. Also, Laertes is further saddened in this scene due to Ophelia’s death. (IV. 7. 211-217). 8. This act makes me wonder if Laertes will react even stronger towards Hamlet because Hamlet indirectly caused Ophelia’s death as well. (IV. 7. 211-217). I also wonder how Laertes feels about Claudius’s willingness to help him plot out his revenge. I wonder if Laertes feels suspicious about it at all or if he is blinded by his anger and need for revenge. 9. When Laertes answered Claudius’s question of how he plans to kill Hamlet by saying, â€Å"To cut his throat i’ th’ church† (IV. 7. 144), it is revealed how Laertes is truly a man of action as compared to Hamlet because Laertes is so furious over his father’s death that he is willing to kill Hamlet in such a sacred place. This supports the idea that Laertes is a foil for Hamlet because Hamlet went through a stage of depression before he was ready to plan his revenge. Another line that further supports the idea of Laertes acting as a foil for Hamlet is when Laertes says, â€Å"I am lost in it, my lord. But let him come. / It warms the very sickness in my heart/ That I [shall] live and tell him to his teeth/ â€Å"Thus didst thou† (IV. 7. 60-63). By saying this, Laertes is desplaying his happiness over the fact that Hamlet is returning early. This shows that Laertes is a man of action, not a man of thought, because he simply cares about the fact that he gets to complete his revenge earlier than originally planned. How to cite Hamlet Act Iv Summaries and Laertes Analysis, Essay examples

Nature and Scope of Investment-Free-Samples-Myassignementhelp.com

Question: Analyze which Project is better in order to make more Profits and Invest into the Project. Answer: Introduction: Mark and Paul, two marketing students want to start their own start-up. They both present two investment opportunity in front of the investors in which they could invest. As they both are the student of marketing and wondering that which investment opportunity would offer them more profitability and which opportunity would be better to attract more investors to invest into the company. Mark and Paul have explained both the opportunities and all the financial figures related to both the investment project. Now in this report, the financial figures of the proposals have been organized to evaluate and conclude a better result. Mark and Paul have come up with two ideas one is investment into the business of restaurant and other one is to invest into the new business development. Through this report, it has been tried to evaluate that which opportunity is investment is better and why it is better. Before it, the nature of the investment has also been concerned. For this report, various financial tools have been used. Nature and scope of investment: Investments are recognized as a key financial term. This is a process in which an individual, company or society put some efforts and money to get back more money in return. In financial terms, individuals or the groups invest their savings into the financial market to increase the total worth of the invested amount. Investment is of numerous types. An investor could invest into the financial securities according to the requirement such as for short term investment, corporate securities and treasury bonds are good option whereas for long term investment, share and debentures are good option. Investment nature is quite complex (Gitman and Zutter, 2012). It is quite flexible, it is not required that the investment would always offer the high return to the company. Investment is a process which provides the various opportunities to the investors on the basis of risk and return factor. Restaurant purchase and expenses: Mark and Paul have come up with two ideas one is investment into the business of restaurant and other one is to invest into the new business development. In first investment proposal, both of them have explained that if the Mark and Paul would invest into this opportunity than the following expenses and income would be got by the company (Lafond and Roychowdhury, 2008). Both the students are not aware about the financial figures and thus the investment opportunity has been analyzed to identify that whether this opportunity would offer them high return or would there be any risk factor for the opportunity. Below are the information related to the restaurant purchase and expenses opportunity: Restaurant Purchase and Expenses Machinery $ 1,10,000 Furniture $ 30,000 Vehicle for Deliveries $ 43,000 Utensils (cups and plates) $ 18,000 Products $ 10,000 Drinks (For 1 month) $ 20,000 Jun-01 Bank balance $ 80,000 Purchase $10000 for a week of meals Purchase of $ 20,000 for a month of drinks Amount would be paid according to the following derails: 10% in current month 45% in second month 45% in third month Labour Number of casual labour 3 Working in a day (hours) 6 hours In a week (days) 6 days Rate $ 23 per hour Drawings $ 10000 each per month Overhead $ 5,000 Sales 20000 meals in first month 18000 meals in second month 18000 meals in third month 22000 in forth month Average selling price $ 45 Drink sales would be triples the amount of meals per month. Drink Price $ 6 (Nobes and Parker, 2008) Through the above figures, the return from the investment has been analyzed. For calculating the return from this investment planning, budgeting techniques have been used. Sales budget: Sales budget is the main budget which depict about the total sales of the investment opportunity. Through the sales budget of the company, it has been analyzed that the sales of this investment would start from august and would go on ahead. In June and July, it would take time to start up the restaurant. According to the given details in the case, it has been found that from the first month of trade, restaurant would sell approx 20000 meals in the first month and further the units would vary according to the season (Van der Stede, 2001). $ 45 has been set by the Mark and Paul as selling price of the project. Further, the drinks would also be sold by the in $ 6 per drink and the sale of drink would totally depend over the sale of the meals. Drink sale would be thrice of meal sale. Following are the details of the sales budget of the restaurant: Sales budget For the year 2017 June July August September Sales of meals 18000 22000 Sales per unit $ 45 $ 45 Sales price $ 8,10,000 $ 9,90,000 Sales of drink 54000 66000 Sales per unit $ 6 $ 6 Sales price $ 3,24,000 $ 3,96,000 Total Sales $ 11,34,000 $ 13,86,000 The above calculations express that the total sales of the drink and the meal of the company would be $ 3,24,000 and $ 3,96,000 and $ 8,10,000 and $ 9,90,000 in the month of august and sales. Through this, it has also found that the total sales of the company would be $ 11,34,000 in the month of august and $ 13,86,000 in the month of September. Labor budget: Labour budget is the main budget which depict about the total labour hours and total labour rate of the investment opportunity. Through the labour budget of the company, it has been analyzed that the labour of this investment would be rigid from the first day of the June. In June and July, it would take time to start up the restaurant. According to the given details in the case, it has been found that from the first month of start up, 3 labours would work with the company. Following are the details of the labour budget of the restaurant: Restaurant Purchase and Expenses Labour budget For the year 2017 June July August September Number of labour 3 3 3 3 Working in a day (hours) 6 6 6 6 In a week (days) 6 6 6 6 Total weeks 4 4 4 4 Total Working hours 432 432 432 432 Rate 23 23 23 23 Total Labour rate 9936 9936 9936 9936 The above calculations express that the total labour hour of the company would be 432 in every month. All of them would work for 6 days in a week on the payment of $ 23 per hour. The total labour hour of the company would be $ 9936 in every month. Cash budget: Cash budget is the main budget which depict about the total cash outflow and inflow of the investment opportunity. Through the cash budget of the company, it has been analyzed that ho much cash outflow and cash inflow would take place from the first day of the investment. In June and July, it would take time to start up the restaurant and thus the revenue would not be there (Garrison et al, 2010). According to the given details in the case, it has been found that from the first month of start up, cash outflow of the company has taken place. Following are the details of the cash budget of the restaurant: Restaurant Purchase and Expenses Cash budget For the year 2017 June July August September Beginning cash balance $ 80,000 -155936 -192872 855192 Add: budgeted cash receipts for meal and drinks $ - $ - $ 11,34,000 $ 13,86,000 Total cash available for use $ 80,000 $ -1,55,936 $ 9,41,128 $ 22,41,192 Less: cash disbursements Direct Material of meals and drinks $ 2,000 $ 51,000 $ 60,000 direct Labour $ 9,936 $ 9,936 $ 9,936 $ 9,936 Overhead $ 5,000 $ 5,000 $ 5,000 $ 5,000 Withdrawals $ 20,000 $ 20,000 $ 20,000 $ 20,000 Machinery $ 1,10,000 Furniture $ 30,000 Vehicle $ 43,000 Utensils $ 18,000 Total disbursements $ 2,35,936 $ 36,936 $ 85,936 $ 94,936 Cash surplus $ -1,55,936 $ -1,92,872 $ 8,55,192 $ 21,46,256 budgeted ending cash balance $ -1,55,936 $ -1,92,872 $ 8,55,192 $ 21,46,256 The above calculations express that the total cash outflow of the company would be $ 2,35,936, $ 36,936, $85,936 and $ 94,936. Total cash inflow of the company would be $ 80,000, $ -1,55,936, $ 9,41,128 and $ 22,41,192. Through these calculations, it has been analyzed that the $ -1,55,936, $ -1,92,872, $ 8,55,192 and $ 21,46,256. Overview and analysis of budgets: According to all the above budgets and the calculations of the budgets, it has been found that the investment would offer a good return to the investors after august month. Through these reports, it has been found that the Mark and Paul must make the changes into the operations of the restaurant (Deegan, 2013). The budgeting technique depict that the future of this investment opportunity is quite attractive. Practical issues of investment: The investment opportunity of the restaurant purchase and the expenses has been analyzed and it has been found that the Mark and Paul could face some issues in raising the funds through investment, as investor would not trust over their restaurant proposal for first instance and it would also be tough for them to manage the business according to the economical condition and the location of the restaurant. The associated risk of the restaurant is also higher (Du and Girma, 2009). New business development: Mark and Paul have come up with two ideas one is investment into the business of restaurant and other one is to invest into the new business development. In second investment proposal, both of them have explained that if the Mark and Paul would invest into this opportunity than the following cash outflow and inflow would be got by the company. Both the students are not aware about the financial figures and thus the investment opportunity has been analyzed to identify that whether this opportunity would offer them high return or would there be any risk factor for the opportunity. Below are the information related to the new business development opportunity. Initial Cost $ -3,90,000 Cash Inflows June $ 1,00,000 July $ 2,30,000 Aug $ 1,90,000 Sept $ 1,40,000 The above figures depict that the NPV of the company is $ 1,06,851.08 which depict about the positive results. Further, it has been found that the payback period calculation depict that the investor would get back the amount in 3.77 years and accounting rate of return depict that 27.40% would be the average return of the company. Comparison: An investment opportunity is basically depends over the risk and return factor associated with the proposal. Through comparing and analyzing both the projects, it has been analyzed that the return from the first proposal is bit higher whereas it has also been found that the associated risk of second proposal is bit lower. The investors must consider both these factors and must make a better decision on the basis of this. Conclusion: Lastly, it has been concluded that the return from the first proposal is bit higher whereas it has also been found that the associated risk of second proposal is bit lower. The investors must consider both these factors and must make a better decision on the basis of this. References: Deegan, C., 2013.Financial accounting theory. McGraw-Hill Education Australia. Du, J. and Girma, S., 2009.Source of finance, growth and firm size: evidence from China(No. 2009.03). Research paper/UNU-WIDER. Garrison, R.H., Noreen, E.W., Brewer, P.C. and McGowan, A., 2010. Managerial accounting.Issues in Accounting Education,(25(4), pp.79(2-793. 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