International Project Management Association Essay Example for Free

International Project Management Association Essay ?International Association of Project and Program Management (IAPPM) Vision- (iappm. org 2013) To enhance and add value to our global members and the project community at large allowing them to manage projects and programs successfully using the right tools, skillsets and methods. Mission- (iappm. org 2013)As a worldwide global project organization IAPPM will create value together with our members, project communities, business partners and corporations by leveraging our content, collaboration and business management insight. The IAPPM focuses on project and program management in the private sector, offering their insight to partners, PM communities, and members globally. International Project Management Association (IPMA) Vision- (ipma. ch, 2013) Our Vision: IPMA is the leading authority on competent project, programme and portfolio management (PPPM). Through our efforts, PM best practice is widely known and appropriately applied at all levels of public and private sector organizations. IPMA directs attention to the portfolio aspect as well as project management on a global scale. IPMA also includes public sector project management for governments and other public agencies. American Society for the Advancement of Project Management (ASAPM) Vision- (asapm. org, 2013) asapm is the U. S. A. ’s premier Project and Program Manager performance-based credentialing organization, and a tireless advocate of effective project management practice throughout all organizations. Appropriate and effective elements of PM Performance are widely demonstrated and acknowledged, not just by PM practitioners, but by all individuals in all organizations. ASAPM acknowledges interest and membership for any individuals for membership. ASAPM also claims to be part of IPMA as an American focused branch. Project Management Institute (PMI) PMI does not have a vision statement. They do however, have list of core values. From these values I infer PMI focuses on certifying and advancement of PM professionals. They also clearly define and explain project management to inquisitive and unaware. References http://www. iappm. org/about. htm http://ipma. ch/about/ http://www. asapm. org/a_home. asp http://www. pmi. org/

The Controversial Childrens Novel Junk English Literature Essay

The Controversial Childrens Novel Junk English Literature Essay Whilst violence and evil have long appeared in childrens literature, it is only recently that widespread violence, such as the treatment of the Holocaust in The Boy in the Striped Pyjamas (Boyne), has been accepted as important in teaching children and young people about the more sinister aspects of human nature. In his 2005 essay, Kenneth B. Kidd explains that the treatment of such events in childrens literature is now necessary because we no longer have the luxury of denying the existence of or postponing the childs confrontation of evil (Kidd 121). Moustakis (1982) argues that reading literature containing violence can help children to come to non-violent solutions to obstacles in their own lives. She claims that in fairy tales, for example, the monsters represent a childs own inner monsters and can allow them to vicariously master them (Moustakis 30); she also echoes Favats beliefs, stating that the fairy tale handles justice and retribution in a manner that young children unders tand (Moustakis 29). Kristine Miller (2009) supports this view, attesting that war fiction can also communicate a healthy way to deal with conflict. War is an undeniable part of our world, always relevant, and war fiction, Miller argues helps readers to think constructively about a world being destroyed (Miller 273). The realities and consequences of war and political oppression are key themes of Beverley Naidoos The Other Side of Truth (2000). After the assassination of their mother, Sade and Femi are forced to flee Nigeria to seek asylum England. Separated from their journalist father, and abandoned in London with no money and nowhere to go, Naidoo claims her novel aims to reveal the impact of the wider society and its politics on the lives of young characters (Naidoo). After a traumatic series of events, the children are placed with sensitive foster parents, only to discover that their father has been arrested, detained and is facing deportation. Written in the third person, and told from Sades perspective, the novel contrasts the childrens experiences in London with their old life in Nigeria and their expectations of England based on BBC World Service broadcasts. The contrasts between the two countries are reflected in the treatment that Sade and Femi receive at the hands of the children at s chool, the strangers they meet in London, and the welfare and social systems; and support Naidoos belief that the world of refugees in Britain is largely submerged under public indifference and increasingly overt hostility (Naidoo, Carnegie Medal acceptance speech). The major theme of the novel is suggested by the title and has a number of interpretations; an individuals view of the world based on their own context; the contrast between Sade and Femis middle-class perspective of themselves in the politically oppressed Nigeria versus the racism that they face in England; and perhaps the most significant within the novel Sades moral struggle between her received understanding that Truth keeps the hand cleaner than soap (Naidoo 74), and the realisation that her fathers truth-telling led, inadvertently, to her mothers death, and their consequent struggles in England. As the oldest sibling, Sade has to assume the parental role, making the decisions regarding what information she will share with the authorities to get help, whilst at the same time trying to protect herself, her brother, and her father. Her surrender to deception and lies weighs heavily upon her, and is particularly evident in her fear and disgust after her theft of the lighter from M iriams uncles shop, particularly in light of Mariams revelations about her past. It is not until the children discover that their father is alive and in London that they begin to experience some sort of peace, although their hopes are quickly dimmed by the knowledge that he is on hunger strike and faces deportation back to Nigeria. The novels conclusion, whilst not the simplistic happy-ever-after is nevertheless, optimistic, and is a direct result of Sades determination and decision to tell her truth. As Jana Giles notes, the message of the novel appears to be that non-violent solutions are the answer, quoting Folarins comment in his letter to his children that We must dare to tell. Across the oceans of time, words are mightier than swords (Naidoo 193). With her novels, Naidoo attempts to encourage children to examine the the historical, social, [and] political context, hoping that they will begin not only to question What will happen next? but Why is this happening' (Naidoo, An Int erview with Beverley Naidoo). Naidoos comments on her books appear to reflect Falconers beliefs, though on a more world-wide scale; while Falconer seems to limit her comments to the reality of the intended reader, Naidoo aims to address the wider reality of the moral human universe (Naidoo, A Writers Journey: Retracing The Other Side of Truth 340). The debate over what is suitable material for childrens literature is one of the oldest and most active (Reynolds 88). Previously highly conservative in content, recent years have seen an increase in the number of books deal with sex, death, sin and prejudice, and good and evil are not neatly separated but mixed up in the confused and often turbulent emotions of the central characters themselves (Appleyard 100). In his essay, Melvin Burgess admits that Junk was an experiment, explaining that he felt there to be a lack of literature that would speak to real teenagers (Burgess). Like Naidoo, Burgess strived for authenticity, knowing that the book was likely to have a rough ride (Burgess), and despite the criticism, Junk went on to win the Guardian Fiction Award and the Carnegie Medal. Junk is certainly very different from the portrayal of adolescents by earlier writers like Ransome. The novel focuses on two 14-year-old heroin addicts; David, who has for years, been protecting his alcoholic mother from his abusive father, and Gemma, who yearns for adventure and escape from her oppressive parents They had no doubt at all that unless my life was made as miserable as possible, Id be a junkie whore by midnight. (Burgess, Junk 65). Gemmas attitude is in stark contrast to for example, Wendys confident belief that her mother would always leave the window open for her (Barrie 4.1). Both Gemma and David crave freedom, but not the freedom of an innocent childhood, rather the perceived freedom of early adulthood; It wasbeing on my own, having an adventure. Yeah. It was life. A big, fat slice of life. (Burgess, Junk 69) That Gemma is only able to experience this adventure by leaving her parents is sadly ironic, and, implies that perhaps such adventure cannot be found within ch ildhood, only by leaving it behind. After a brief third-person narrative in the first chapter, Junk is composed of the individual testimonies of the characters, with Gemma and Tar taking approximately half of the chapters. This form of first person narrative, referred to as immediate-engaging-first-person narration (Schwenke-Wyile 185), enables the narrative to become more intimate and revealing because the narrating agent and the focalizer are the same (Schwenke-Wyile 188-189). Whilst Junk doesnt openly condemn drug use or prostitution, Burgess use of irony and the contradictions between the individuals testimonies, reveal the truth about the events of the novel and the effects those events have on the characters. Burgess relies on his readers ability to make a moral judgement (Burgess, Sympathy for the Devil 319), rather than lecturing, which he says young people get enough of at school (Burgess, Sympathy for the Devil 319). Whilst Burgess wants to avoid lecturing his readers, his desire for authenticity in his novel s, and his reputation for honest writing (Burgess, Sympathy for the Devil 316), suggest that he still wants to educate them. This is reminiscent both of Beverley Naidoos intentions when writing The Other Side of Truth, and of Rachel Falconers belief that childrens literature should address the reality of their lives. There is some debate over whether or not historical fiction can address contemporary issues; Coram Boy however, is an example of historical fiction that deals with issues such as race, abandonment, and even teenage pregnancy. As Ringrose points out, in showing that children of the past suffered injustice, it implies similar injustices are suffered by todays children, and furthermore, in reading the novel, a child would find out much about eighteenth-century England (Ringrose 359). Coram Boy exposes readers to the stark differences between the lives of the children of wealthy aristocrats, those born to the lower classes, and the bleak reality of the lives of orphaned children. Through Gavins characters, the social injustices of eighteenth-century England are revealed; children abandoned to die, sold into slavery or the military; the contrast between the opportunities available to children of the wealthy aristocrats versus those of the lower classes; the mistreatment of mentally-challe nged individuals; racial discrimination. Slavery may now be illegal, but most of these issues continue to be relevant today. Gavin claims that historical fiction can enable writers to explore events, issues, relationships or situations, which sometimes can be easier to deal with when removed from a contemporary context. (Gavin 363) Coram Boy allows readers to compare their own culture with that of England in the eighteenth century and in doing so implies that whilst society may have advanced; there are still many things that need to be achieved. As Ringrose attests, Jamila Gavin brings to Coram Boy a modern interest in difference, race and justice (Ringrose 361). One of the issues with historical fiction, particularly for children, is historical accuracy. Gavin believes that First and foremost, a writer of fiction is telling a story, so sometimes, intentionally or unintentionally, accuracy may not be as thorough as it would be in non-fiction (Gavin 365), and uses this to justify some of her stretched truths and distorted facts (Gavin 366). The use of narrative telling in Coram Boy is also significant in relation to evaluating how the historical period is portrayed. The majority of the events are narrated in the third-person, and indirect speech is favoured over direct speech. These techniques enhance the reliability and objectivity of the narrative, implying that the novel is an account of an historical event rather than a work of fiction. The minimal use of direct speech may be an attempt to avoid the problem of characters period speech which can result in inconsistencies, such as Melissas contemporary usage of the phrase hanging around in c ontrast to Isobels previous comment that Otis has such a lack of respect in his bearing (Gavin, Coram Boy 129). The consequence of such inaccuracies in a novel is open to debate; if, as Falconer believes, literature should focus on the reality of childrens lives, then is poetic licence justified as a means to an end does it matter if the history is accurate as long as the issues are relevant? Much of the literature produced for children today has moved away from the Romantic notion of childhood, and this change is largely due to the way the world is today; increasingly urban, with a rise in crime rates (House of Commons) and decline in familial support networks. Childhood is an umbrella term and does not reflect the individual, as Peter Hunt argues that it is vital that the inevitable variety of childhood and childhoods is acknowledged in its real readers, and it variability as a social and commercial construction is acknowledged in the texts (Hunt 23). With such variety and variability then, the reality of young peoples lives must surely be subjective, since each individual child experiences things, and reacts to these experiences in their own way. Whilst I agree with Rachel Falconers statement, and believe that children should be told the truth about the world in which they live, I think that Slayton has better conveyed my opinion: to avoid in childrens literature anyth ing that children fail to avoid or cannot avoid in their own lives is to do them a considerable disservice (Slayton).

Physics is Everywhere Essay -- Essays Papers

Physics is Everywhere Essay As Fall comes to a close and winter is upon us we can take an opportunity to reflect. Fall is the season of many events. For some it is the turning of the leaves that make it so memorable. For students, the excitement of a new school year and what that brings is always on the mind. Also on the mind of students, and professional fans alike, is the exhilaration and anticipation of a new season on the gridiron. This past fall I had the unique chance to document this exhilaration in a different manner. I chose to view the game of football through the eyes of science, physical science in particular. And with my own eyes, I will never view a football game in quite the same way again. Dr. Timothy Gay, a professor of physics at the University of Nebraska at Lincoln said, â€Å"Football is a manifestation of physics and it’s something people can relate to. It’s physics in action† (http://physics.unl.edu/outreach/football.html). Dr. Gay is right! What effect does altitude have on the flight of a kicked ball? How do Newton's laws of motion apply to blocking and tackling? What does the science of physics tell me about the best possible chase strategies for defensive backs? To get even simpler, when you throw a football across the yard to a friend, you are using physics. You make adjustments for all the factors, such as distance, wind and the weight of the ball. The farther away your friend is, the harder you have to throw the ball, or the steeper the angle of your throw. This adjustment is done in your head, and even with a soft grip of physics I have from one quarter with Dr. Mike Grams, I can tell you that these factors relate to physics. In this essay, I hope to demonstrate the scienc... ...tinctive, most players and coaches don't consciously translate the mechanics of physics into the game. By making that translation, we can understand and appreciate even more just how amazing some of the physical feats on the football field really are. Works Cited Football Physics with Dr. Tim Gay. 01 Feb. 2001. University of Nebraska. 15 Nov. 2005. Gay, Ph.D., Timothy. Football Physics: The Science of the Game. Emmaus: Rodale, 2004. Grams Ph.D., Mike. 15 Sept 2005- 17 Nov 2005. Lecture. 21st Century Physics and Astronomy. University of Denver Department of Physics. 2005 Hewitt, Paul G. Conceptual Physics: tenth edition. San Francisco: Pearson, 2006. The Physics of Football. 03 Mar. 2003. The American Physical Society. 15 Nov. 2005.

Comparing Theories of Language Acquisition and Language Development Ess

The aim of this essay is to explore language acquisition and compare and contrast different theories of language acquisition and language development. Language in its most basic form is used to communicate our needs and wants. It encompasses a range of modes of delivery including signing, spoken and written words, posture, eye contact, facial expressions and gestures. So how do we learn ‘language’? Are we born with the skills for communication, or is it something that we have to learn or have taught to us? Four theories are looked at in this essay to determine how children acquire and then develop language. These theories include behaviourist, nativist, cognitivist and sociocultural. This essay will highlight some similarities and differences in each theory and what impact these have on a child’s acquisition and development of language. Lastly we will look at the implications of these theories when working with children. Can a classroom teacher deliver a quality l iteracy program based on just one of these theories or does it need to incorporate components of all four? Sims, (2012) pp. 21 states ‘’High-quality learning experiences in the early years of life enhance children’s cognitive and language skills’’. This places a great responsibility on educators and teachers alike to provide an environment which is rich in learning opportunities that will encourage both the acquisition and development of language. Language acquisition is perhaps one of the most debated issues of human development. Various theories and approaches have emerged over the years to study and analyse this developmental process. One factor contributing to the differing theories is the debate between nature v’s nurture. A question commonly asked is: Do humans a... ...conditioning.html Sims, M. & Hutchins, T. (2011). Program planning for infants and toddlers: In search of relationships. Sydney: Pademelon Press. Slavin, L. (2010). Theory on Cooperative Learning. Retrieved from http://books.google.com.au/books?hl=en&lr=&id=oE-3bZik8rQC&oi=fnd&pg=PA160&dq=slavin+2010+theory+on+cooperative+learning&ots=K_fTJis6u7&sig=O6SN6RtlnBSjSt-VP8lFzxIN944#v=onepage&q&f=false Stocia, D. (2008). Vygotsky’s Theory of Cognitive Development [Online presentation]. Retrieved from http://www.slideshare.net/dtr200x/vygotskys-theory-of-cognitive-development-presentation Vukelich, C, Christie, J & Enz, B 2002, Helping Young Children Learn Language and Literacy, Allyn & Bacon, Bosten MA. Wadsworth, B. (1978). J. Piaget for the Classroom Teacher. NY, Longman Wilhelm, J., Baker, T., & Dube, J. (2001). Strategic Reading. Portsmouth, NH: Heinemann

Psycho Motifs :: essays research papers

PSYCHO MOTIFS   Ã‚  Ã‚  Ã‚  Ã‚  Have you ever seen Psycho? I have, and in my opinion this movie is one of the best horror flicks ever. Part of the reason I think this because of the motifs Hitchcock added to the movie. Some of these motifs are the motion down, eyes, and circles.   Ã‚  Ã‚  Ã‚  Ã‚  What is a motif? Better yet, what is the motif I’m about to tell you about? Well, let me start by giving you a definition of the word.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Motif : A recurrent thematic element used in the development of an artistic or literary work. (In this case, a movie.) One motif in this movie could be circles. For example, the eyes of all the characters, and the Norman’s birds. How about the police man’s sun glasses, they were also circular. Here’s a creepy one, the peep hole that Norman spies on Marion with. Another example could be the drains, which in two cases both had blood being washed down. Eerily, there is the empty eye sockets of Norman’s dead mother. There is even the letter O in Norman’s name. To sum this set of motifs up, circles are shown throughout this film, and to find these really shows the extent Hitchcock would travel to set his movies above the rest.   Ã‚  Ã‚  Ã‚  Ã‚  Throughout the movie PSYCHO, I noticed several points where it seemed that an object or person was going downward. For instance, the rain descending for quite a long period of time in the beginning when Marion left town with the stolen money. Then there’s the water flowing down the sink drain and the bathtub drain. Also, the way everyone seems to be looking down on Marion. Then there’s Norman, and how the you see him always coming down his steps, but rarely up them. For my last spotted example, the bodies and their cars sinking into the swamp is one creepy instance of the downward motif. I don’t know the point of these motifs, this one included, except for the extra spice it just gives to the watchers who plan on picking through the movie to find these â€Å"Hitchcock bonuses†.   Ã‚  Ã‚  Ã‚  Ã‚  Do you ever feel like you’re being watched? Well, in Psycho another motif is eyes. One example I used earlier is the police man’s sun glasses. You can’t see his eyes, but you know he’s watching or more likely inspecting Marion for any trace of trouble. Later in the film, Marion pulls into to a car dealership to trade in her car.

Dudley R. B. Grant

THE EARLY CHILDHOOD ACT (Act of 2005) ARRANGEMENT OF SECTIONS 1. 2. Short title and commencement Interpretation. Registration 3. Registration of early childhood institutions. Application for registration. Permit to operate institution prior to registration. Refusal of registration. Register of early childhood institutions to be kept. Records of early childhood institution to be kept. 4. 5. 6. 7. 8. 9. Complaints procedure. 10. Suspension and cancellation of registration. 11. Notice of suspension etc. , of registration. 12. Appeal. 13. Cancellation of permit. 14.Investigations. Operation and Inspection of Early Childhood Institutions 15. Qualifications of operator and employees. 16. Prohibition of corporal punishment and restraint of child. 17. Storage of toxic substances, etc. 2 18. Assignment of officers and powers of entry and inspection. 19. Obligation of staff to co-operate. 20. Penalty for obstruction. 21. Health inspection. 22. Order of closure of early childhood institutions. General 23. Regulations. 24. Offences. 25. Penalty where no express penalty. 26. Registration of existing early childhood institutions. A BILL ENTITLED AN ACT to Provide for the Regulation and Management of early childhood institutions and for other connected matters. BE IT ENACTED by The Queen’s Most Excellent Majesty, by and with the advice and consent of the Senate and House of Representatives of Jamaica, and by the authority of the same, as follows:Short title and commencement. Interpretation. 1. This Act may be cited as the Early Childhood Act, 2005, and shall come into operation on a day to be appointed by the Minister by notice published in the Gazette. 2.In this Act – â€Å"basic school† means a school that offers a course of educational training for students under the age of six years; â€Å"Commission† means the Early Childhood Commission established under section 3 of the Early Childhood Commission Act; â€Å"day care centre† means any p remises used for the provision of nonresidential day care service to more than four children up to six years of age for at least six hours per day and at least four days per week; â€Å"early childhood institution† means a setting that provides developmentally appropriate care, stimulation, education and socialization, for children under the age of six years, including day care centres and basic schools; â€Å"inspector† means a person assigned by the prescribed authority pursuant to section 18; â€Å"prescribed authority† means the Early Childhood Unit of the Ministry 4 responsible for education, or such other entity as the Minister may designate in writing. Registration Registration of early childhood institutions. 3. – (1) No person shall operate an early childhood institution unless that institution is registered under this Act. (2) Every application for registration under this section shall be submitted in accordance with section 4. (3) The Commissio n shall register an early childhood institution if n relation to an application the Commission is satisfied, based upon the written report of the prescribed authority, that – (a) (b) the applicant is eighteen years of age or over; the applicant is a fit and proper person to operate an early childhood institution; (c) where the applicant is an individual, the applicant has not been convicted of an offence under the Dangerous Drugs Act, the Offences Against the Person Act or the Child Care and Protection Act, or an offence involving fraud, dishonesty or moral turpitude; (d) where the applicant is a company, none of its directors or in the case of another body of persons, none of its members, has been convicted of an offence mentioned in paragraph (c); (e) a person to be employed by the applicant in the operation of the institution has not been convicted of an offence mentioned in paragraph (c); (f) the applicant or a person to be employed by the applicant in the operation of th e institution is not, by reason of any infirmity of mind or body or otherwise, incapable of operating or being employed in the institution; and 5 (g) First Schedule. the premises in which the institution is to be operated meets the requirements set out in the First Schedule. (4) Where the registration of an early childhood institution is pproved by the Commission, the Commission shall – (a) within thirty days after such approval (exclusive of Saturdays, Sundays and public general holidays), issue a registration certificate to the institution; and (b) upon the issue of the registration certificate, cause a notice of the registration to be published in the Gazette. (5) (a) A notice under subsection (4)(b) shall state the name of the institution as it appears on the registration certificate; and (b) the name of the operator of the institution. (6) The operator of an early childhood institution registered under this section shall ensure that a valid registration certificate issue d to the institution under subsection (4) is displayed in a conspicuous place on the premises of the institution. 7) Registration under this section (a) shall be valid for a period of five years from the date of issue of the registration certificate; and (b) may be renewed upon application in accordance with the provisions of section 4, not later than thirty days before the date of expiration thereof. (8) A person, other than the holder of a permit issued under section 5, who operates an early childhood institution that is not duly registered under this Act, commits an offence and is liable upon summary conviction before a Resident Magistrate to a fine not exceeding two hundred thousand dollars. 6 Application for registration. Second Schedule. 4. – (1) Every application for registration in accordance with this section shall be in the prescribed form and shall be submitted to the Commission, together with the matters specified in the Second Schedule. 2) Within seven days (excl usive of Saturdays, Sundays and public general holidays) after receiving an application under subsection (1), the Commission shall forward a copy of the application to the prescribed authority. (3) Within fifteen days (exclusive of Saturdays, Sundays and public general holidays) after receiving an application submitted in accordance with subsection (1), an officer of the prescribed authority authorized in that behalf shall arrange with the applicant to – (a) (b) visit and conduct an inspection of the proposed premises; and conduct interviews of the applicant and, as the prescribed authority considers necessary, persons proposed to be employed in the operation of the institution.Permit to operate institution prior to registration. 5. – (1) The Commission may, upon the recommendation of the prescribed authority, issue to an applicant for registration under section 3 a permit to operate the institution pending the determination of the application. (2) A permit under subse ction (1) shall cease to be valid upon (a) the delivery to the applicant of a certificate of registration under section 3(4); or (b) where a notice of refusal of registration is delivered to the applicant under section 6, upon the expiration of twenty-four hours after the delivery of the notice or such longer time as the Commission may specify in the notice. 3) As a condition of the grant of a permit under this section, the Commission may, on the recommendation of the prescribed authority, 7 impose time scales for the completion of improvements or amendments to the mode of operation or the premises of the institution. (4) A permit issued under this section shall – (a) (b) be in the prescribed form ; and stipulate all the conditions imposed under subsection (3) in respect of the institution. (5) The holder of a permit under this section shall allow an inspector entry onto the premises of the institution, at all reasonable hours, for the purpose of carrying out any inspection t o ascertain whether or not the institution is in compliance with the conditions of the permit. Refusal of registration. 6. (1) The Commission shall, upon the recommendation of the prescribed authority, refuse an application for registration under section 4 – (a) in any case where the Commission is not satisfied as to the matters set out in section 3(3); or (b) if the Commission is satisfied that – (i) a person to be employed by the applicant is not a fit and proper person to be employed in an early childhood institution; (ii) for reasons connected with zoning, situation, construction, accommodation, staffing or equipment, the premises to be used for the operation of the institution are not fit to be so used. (2) Where an application is refused under this section, the Commission shall send to the applicant a notice of the refusal, specifying the reasons therefor. Register of early childhood institu7. The Commission shall keep a register of early childhood institutions a nd shall cause to be entered therein, from time to time, in respect of every early childhood institution registered in accordance with the 8 tions to be kept. Records of early childhood institution to be kept. Complaints procedure. provisions of this Act, the name of the institution and such particulars in relation thereto as may be prescribed. 8.An operator of an early childhood institution shall keep proper records showing the business conducted by him in respect of that early childhood institution and shall keep such other records as may be prescribed. 9. – (1) A person may make a complaint in writing to the Commission if that person has reason to believe that – (a) an early childhood institution has contravened any provision of this Act; or (b) a child at any early childhood institution has been abused or has suffered injury or harm as a result of the act or negligence of the operator, a person acting as an agent, or any person employed in the operation, of the ear ly childhood institution. 2) Upon receiving a complaint under subsection (1), the Commission shall refer the complaint to an inspector who shall, with a view to preparing the report mentioned in subsection (3), make such inquiries as he thinks fit and conduct discussions with the complaining party, the operator of the early childhood institution and, where appropriate, any employee of the early childhood institution involved in the complaint. (3) The inspector shall submit to the Commission a report containing the following information – (a) the grounds of the complaint, noting any facts in dispute between the relevant parties; (b) whether, in the opinion of the inspector, the matter can be remedied; 9 (c) if the inspector is of the opinion that the matter can be remedied, the measures recommended by the inspector to effect the remedy; and (d) he time period that the inspector considers to be reasonably sufficient to effect the remedy. (4) Upon receiving a report under subsec tion (3), the Commission shall – (a) give notice in writing of its intention to consider the report, to – (i) the operator of the early childhood institution and any employee of such institution who is involved in the complaint, together with a copy of the complaint and a copy of the report; (ii) the complaining party, together with a copy of the report; (b) in such notice, specify a period, being not less than seven days, during which any of the persons referred to in paragraph (a) shall be entitled to attend before the Commission, to make representations concerning the complaint. 5) After the expiry of the period mentioned in subsection (4), the Commission may – (a) (b) dismiss the complaint; or confirm the complaint and direct the implementation of the recommendations contained in the report, subject to such variations (if any) as the Commission thinks fit. (6) A person who attends before the Commission under subsection (4) shall be entitled to be accompanied by his attorney-at-law. (7) This section is without prejudice to any other proceedings that may be brought in relation to the complaint by virtue of any other law. 10 Suspension and cancellation of registration. 10. – (1) Subject to section 11, the Commission may, in accordance with subsection (2), suspend or cancel the registration of an early childhood institution. 2) The Commission may, by notice in writing to the operator of an early childhood institution – (a) suspend the registration of the early childhood institution if the Commission is satisfied that the institution – (i) is being operated in breach of any of the requirements of this Act or of regulations made under this Act; or (ii) in any case where pursuant to section 9(3)(c) an inspector recommends measures to remedy the matter, the operator has failed to comply with a direction made by the Commission under section 9(5)(b); (b) cancel the registration if the Commission is satisfied that – (i ) the operator of the early childhood institution or a person employed in the operation of the institution has been convicted of an offence mentioned in section 3(b)(i); (ii) the operator of the early childhood institution is, by reason of mind or body or otherwise, incapable of operating the institution; (iii) the premises of the early childhood institution are found to be unsuitable upon an inspection carried out pursuant to section 18; (iv) the early childhood institution is being operated in breach of the Public Health Act; or 11 (v) the registration has been suspended under subsection (2)(a) on more than one occasion over a period of eighteen months. (3) Where the Commission suspends the registration of an early childhood institution under subsection (2)(a), the Commission shall act in accordance with subsection (4). 4) The Commission (a) may cancel the registration if six months have expired after the date of such suspension, and the Commission is satisfied that the grounds fo r the suspension still exist at the institution; or (b) shall forthwith restore the registration if satisfied that – (i) the operator has complied with the directions (if any) issued under section 9(5)(b); and (ii) the grounds for suspension no longer exist, and shall, in writing, inform the operator of the restoration. (5) The Commission shall cause a notice of every suspension, cancellation or restoration of registration under this Act to be published in the Gazette. Notice of suspension etc. , of registration. 11. (1) Before refusing an application for renewal of registration, or suspending or cancelling the registration of an early childhood institution, the Commission shall give to the operator of the institution not less than seven days written notice of the Commission’s intention to do so, stating – (a) the grounds on which the Commission intends to refuse the application for renewal of the registration, or suspend or cancel the registration, as the case may be; and (b) that, if within seven days after the receipt of that notice, the operator informs the Commission that he desires an opportunity 12 to show cause why such action should not be taken, the Commission shall, before taking any action, afford the operator or his representative such an opportunity. 2) If the operator fails to show cause as mentioned in subsection (1)(b), the Commission shall – (a) in the case of suspension or cancellation, act in accordance with section 10(2) and shall send a copy of the notice referred to in that subsection by registered post to the operator; and (b) in the case of refusal to renew registration, send to the applicant notice of refusal to renew registration. (3) A notice referred to in subsection (2)(a) shall not be effective until the expiration of seven days from the date on which it was issued, or where notice of appeal is given under section 12, until the appeal has been determined or withdrawn. Appeal. 12. A person aggrieved by any decision of the Commission to refuse an pplication for registration or renewal of registration or to suspend or cancel registration may, within seven days after the date on which the notice of such decision was received by him, appeal against such decision to the Appeal Tribunal appointed by the Minister in accordance with the Third Schedule. Cancellation of permit. 13. – (1) The Commission, acting on the recommendation of the prescribed authority, may, by notice in writing to the operator of an early childhood institution, cancel a permit issued under section 5 if the Commission is satisfied that any condition of the permit is being breached in relation to the early childhood institution. 2) The provisions of section 11 and 12 shall apply, with the necessary modifications, to the cancellation of a permit under this section. provisions of the Third Schedule. 13 Investigations. 14. – (1) The Commission may, where it considers it expedient to do so, hold or cause to be held an investigation – (a) to determine whether any registration made, or permit issued, under this Act should be suspended, restored or cancelled; (b) in respect of the breach of any provision of this Act or any regulations made hereunder, or the terms or conditions of any such permit; or (c) as respects any matter related to or connected with its functions, so as to determine whether any of such functions should be exercised. 2) With respect to any investigation under subsection (1), the following provisions shall have effect (a) the persons holding the investigation (hereinafter referred to as â€Å"the investigator†) shall do so in such manner and under such conditions as the investigator may think most effectual for ascertaining the facts of the matter under investigation; (b) the investigator shall have for the purposes of the investigation all the powers of a Resident Magistrate to summon witnesses, call for the production of books and documents and to exami ne witnesses and the parties concerned on oath; (c) any person summoned to attend or to produce books or documents under this section and refusing or neglecting to do so, or refusing to answer any question put to him by or with the concurrence of the investigator commits an offence and is liable on summary conviction before a Resident Magistrate to a fine not exceeding fifty thousand dollars and in default of payment to imprisonment for a term not exceeding three months: Provided that no person shall be bound to incriminate himself 14 and every witness shall, in respect of any evidence given by him at such an investigation be entitled to the same privileges to which he would be entitled if giving evidence before a court; (d) any witness attending at the request of, or upon summons by, the investigator shall, subject to any order made by the tribunal, be entitled to like allowances for expenses as if summoned to attend a Resident Magistrate’s Court. Operation and Inspection of Early Childhood Institutions Qualifications of operator and employees. 15. (1) A person shall not operate an early childhood institution unless that person meets the qualifications prescribed under subsection (4) as to training in the care of children. (2) The operator of an early childhood institution shall not employ any person in the institution for the purpose of caring for the children therein unless that person meets the qualifications prescribed under subsection (4) as to training in the care of children. (3) A person who contravenes subsection (1) or (2) commits an offence. (4) The Commission may, with the approval of the Minister, make regulations prescribing qualification requirements in respect of operators and employees of early childhood institutions. Prohibition of corporal punishment and restraint of child. 16. (1) Corporal punishment shall not be inflicted on a child in an early childhood institution. (2) A mechanical or electrical device shall not be used to restra in a child in an early childhood institution. (3) Where restraint of a child is necessary, such restraint shall be administered in accordance with regulations made for that purpose. Storage of 17. All medicines, cleaning agents or toxic substances kept at an early childhood institution shall be appropriately labelled and stored in a 15 toxic substances, etc. locked cupboard or other locked receptacle, which shall be kept (a) out of the reach of children; (b) away from equipment; and (c) away from the area in which food is stored.Assignment of officers and powers of entry and inspection. 18. – (1) The prescribed authority may assign such officers as it thinks necessary to be inspectors of early childhood institutions for the purpose of investigating complaints and otherwise securing the proper observance of the provisions of this Act. (2) The assignment of an officer pursuant to this section shall be published by notice in the Gazette and such officer shall be furnished with a certificate of assignment, which he shall produce to the operator or any other person in charge of an early childhood institution, if required to do so, on entering any premises pursuant to subsection (3). 3) An inspector may at all reasonable hours enter and inspect any early childhood institution, or any premises which he has reasonable cause to believe is so used, for the purpose of determining whether the institution is being operated in accordance with this Act. (4) An inspector may, for the purposes of subsection (3) – (a) require the production of records or other documents required to be kept pursuant to this Act; (b) make copies of such documents or records. Obligation of staff to co-operate. 19. – (1) Every operator and employee of an early childhood institution shall co-operate with an inspector executing his functions pursuant to section 18. 2) Any person who fails to comply with subsection (1) commits an offence and is liable upon summary conviction befor e a Resident Magistrate to a fine not exceeding ten thousand dollars and in default of payment to imprisonment for a term not exceeding three months. 16 Penalty for obstruction. 20. Any person who wilfully obstructs or impedes an inspector in the execution of his duties under this Act commits an offence and is liable upon summary conviction before a Resident Magistrate to a fine not exceeding twenty thousand dollars and in default of payment to imprisonment for a term not exceeding six months. Health inspection. 21. The Minister may cause an early childhood institution to be visited t any reasonable time by the Chief Medical Officer or any other health personnel for the purpose of ensuring that proper health standards are maintained at that early childhood institution. Order for closure of early childhood institutions. 22. – (1) Where the Minister has grounds to believe that the welfare of children in an early childhood institution has been, is being or is likely to be, endan gered and that it is in the public interest to make an order under this section, the Minister may by order published in the Gazette direct that the institution be closed for such period or pending the fulfilment of such conditions, as the Minister thinks necessary. 2) A person who fails to comply with an order under subsection (1) shall be liable on summary conviction before a Resident Magistrate to a fine not exceeding two hundred and fifty thousand dollars or to imprisonment for a term not exceeding six months. (3) For the purposes of subsection (1) the Minister may take into account any report referred to the Minister by the Commission. General Regulations. 23. – (1) The Minister may, subject to affirmative resolution, make regulations generally for giving effect to the provisions of this Act. (2) Without prejudice to the generality of subsection (1), the Minister may, subject to affirmative resolution, make regulations – (a) prescribing ntries to be made in the rec ords kept pursuant to section 8; 17 (b) prescribing standards with regard to safety, security, sanitation and such other matters as the Minister considers necessary for the efficient operation of an early childhood institution; (c) prescribing conditions for admission of children into early childhood institutions; (d) prescribing the forms of application, registration, reports and other documents to be used under this Act; (e) regulating the manner in which and the conditions subject to which the services of an early childhood institution shall be performed; (f) prescribing the hours during which early childhood institutions may remain open; (g) rescribing guidelines for the nutrition programmes to be implemented by early childhood institutions; (h) regulating the manner in which a child may be restrained in an early childhood institution; (i) (j) the frequency of inspections carried out under this Act; the return, custody or disposal of registration certificates upon the suspension or cancellation of registration; (k) prescribing any other matter or anything, which may be or is required by this Act to be prescribed. Offences. 24. – (1) A person who contravenes section 3(6) (display of registration certificate) commits an offence and shall be liable upon summary conviction before a Resident Magistrate to a fine not exceeding twentyfive thousand dollars. 2) A person who intentionally makes false statement or declaration in any application submitted under section 4 commits an offence and is liable upon summary conviction before a Resident 18 Magistrate to a fine not exceeding fifty thousand dollars or to imprisonment for a term not exceeding thirty days. (3) A person who, not being assigned as an inspector pursuant to section 18, assumes the designation or description of, assumes to act as, or impersonates, an inspector commits an offence. Penalty where no express penalty. 25. Any person who contravenes or fails to comply with any of the provisions of thi s Act, for which no penalty is expressly provided, commits n offence and is liable upon summary conviction before a Resident Magistrate to a fine not exceeding fifty thousand dollars and in default of payment to imprisonment with or without hard labour for a term not exceeding thirty days. Registration of existing early childhood institutions. 26. – (1) A person who, on the date of commencement of this Act, is the operator of an early childhood institution shall apply within three months after that date to the Commission to have that early childhood institution registered pursuant to this Act. (2) Every application under this section shall be submitted in accordance with section 4. (3) Where an application has been made pursuant to subsection (1), the operation of the early childhood institution to which it relates may be continued pending the determination of the application. Power to amend Schedules by order. 27.The Minister may, by order subject to affirmative resolution, amend the First or Second Schedule. 19 FIRST SCHEDULE (Section 3) Requirements in respect of premises to be used for the Operation of an early childhood institution Structure. 1. The premises on which an early childhood institution is to be operated shall satisfy the following requirements (a) the building shall – (i) be approved for that purpose by the local planning authority; (ii) be solidly and substantially built with a weather-tight roof; (iii) be floored throughout with timber, concrete, mortar or pavement of brick, stone, tiles or asphalt; (iv) be in good repair; (v) have at least 1. metres square of space for each child and adequate play area outside; (vi) be equipped with suitable and adequate toilet facilities; (b) the premises shall be properly fenced and a gate provided with a latch the height of which shall be beyond the reach of a child; (c) there shall be suitable and adequate number of cribs, cots or other sleeping devices; (d) there shall be an adequate supp ly of safe nontoxic play material; 20 (e) the facilities for food storage and preparation shall be clean, safe and hygienic, in conformity with the Public Health Regulations; and (f) the premises shall be properly ventilated and shall have such other facilities as will encourage the good health and well being of a child. Access. 2. Any premises, constructed after the date of ommencement of this Act, on which an early childhood institution is to be operated shall provide for access by a person with a physical disability, including – (a) (b) ramps for wheelchair access; adequate space for a person on crutches or in a wheelchair to manoeuvre in toilet and activity areas; (c) an appropriate number of wash basins and toilets at wheelchair height; (d) doors that open inward for the purposes of entry and doors that open outward for the purposes of exit. Layout and accommodation. 3. – (1) An early childhood institution shall not be located in a building where any person reside s unless the portion of the building where the early childhood institution is operated is used exclusively for the purposes of that institution during the opening hours of the institution. (2) The following shall be accommodated on the premises of every early childhood institution – (a) an internal play area and access to an outdoor play area; 21 (b) (c) (d) (e) (f) (g) (h) sick bay for children; separate bathroom facilities for staff and children; a food storage and preparation area; a dining area; an area for napping; an administrative area; an instruction area that shall not be used for any purpose other than the instruction of children, when children are present, so situated to allow for a defined space in respect of each of the areas mentioned in paragraphs (a) to (h) and so that the use of one area for its assigned purpose does not interfere with the use of another area for its assigned purpose. (3) The premises shall provide for adequate space for – (a) storage of equipment and materials used at the early childhood institution; and (b) children to move about freely, including crawl space for infants. Lighting. 4. (1) Proper lighting shall be provided in every part of the premises where children are accommodated and through where they may pass. (2) All electrical outlets shall be placed out of the reach of children and shall be protected by safety covers and mechanisms. Water. 5. Adequate supplies of safe drinking water shall be 22 provided for the use of a child in an early childhood institution. Equipment. 6. The premises shall be equipped with – (a) adequate supplies necessary for rendering first aid; and (b) adequate fire fighting and protective equipment. SECOND SCHEDULE 1. The following shall be submitted with every application for registration (a) (b) (c) the prescribed fee; two assport-sized photographs of the applicant; a reference, in such form as may be prescribed by the Commission in regulations published in the Gazette, from any two of the following persons (i) (ii) (iii) (iv) a Justice of the Peace; a Minister of religion; an attorney-at-law; the principal of an educational institution or the chairman of the Board of Management of an educational institution; (v) (vi) a former employer of the applicant; a Resident Magistrate or a Judge of the Supreme Court; or (vii) a police officer above the rank of Inspector; (d) a report, from an officer of the Jamaica Fire Brigade authorized by the Commissioner of the (Section 4) 23Brigade in that behalf, stating that the premises proposed for the operation of the institution have been inspected and that the officer is satisfied that reasonable steps are taken for the prevention of fire and for protection against the dangers of fire and other disaster; (e) a report from a Medical Officer (Health), or any other person authorized in writing in that behalf by the Minister or by a Local Board or by the Medical Officer (Health), stating that the premises proposed fo r the operation have been inspected and are in compliance with the provisions of the Public Health Act; (f) in respect of the applicant and each person proposed to be employed in the operation of the institution – (i) a certificate, from a registered medical practitioner certifying that the applicant or employee, as the case may be, is in good health; and (ii) (g) a food handler’s permit; the name and job description of each proposed employee and a copy of every proposed terms of employment; (h) details as to the proposed premises, including – (i) a floor plan of each building; (ii) a description of the structure; 24 (iii) the type of accommodation (internal and external); (iv) (v) furniture and equipment; such other details as may be prescribed; (i) particulars of fees to be charged and proposed sources of funding. THIRD SCHEDULE The Appeal Tribunal Constitution of Tribunal. 1.The Appeal Tribunal shall (a) subject to paragraph 2, consist of three members appoin ted by the Minister; and (b) have the following qualifications – (i) the chairman shall be an attorney-at-law; and (ii) each of the two other members shall be qualified in at least one of the following areas, that is to say, child care, child psychology, nutrition, paediatrics or nursing. Power of one member to sit alone. Tenure of office. 2. For the hearing of any appeal under this Act, the (Section 12) Appeal Tribunal may consist of one member sitting alone if the parties to the appeal agree. 3. The members of the Appeal Tribunal shall, subject to the provisions of this Schedule, hold office for such period, not exceeding two years, as the Minister may determine and shall be eligible for reappointment. Acting 4. The Minister may appoint any person to act in the 25 appointment. lace of the Chairman or any other member of the Appeal Tribunal in the case of the absence or inability to act of the Chairman or any other member. Resignation. 5. – (1) Any member of the Appea l Tribunal, other than the Chairman, may, at any time, resign his office by instrument in writing addressed to the Minister and transmitted through the Chairman and, from the date of the receipt by the Minister of such instrument, that member shall cease to be a member of the Appeal Tribunal. (2) The Chairman may, at any time, resign his office by instrument in writing addressed to the Minister, and such resignation shall take effect as from the date of receipt by the Minister of that instrument. Revocation of appointment. Filling of vacancies. 6.The Minister may, at any time, revoke the appointment of any member of the Appeal Tribunal if he thinks it expedient to do so. 7. If any vacancy occurs in the membership of the Appeal Tribunal such vacancy shall be filled by the appointment of another member. Publication of membership. Remuneration. 8. The names of all members of the Appeal Tribunal as first constituted and every change in the membership thereof shall be published in the Ga zette. 9. There shall be paid to the Chairman and other members of the Appeal Tribunal, in respect of each appeal, such remuneration, whether by way of honorarium, salary or fees, and such allowances as the Minister may determine. Voting. 10.The decision of the Appeal Tribunal shall be by a majority of votes of the members and in addition to an 26 original vote, the Chairman shall have a casting vote in any case in which the voting is equal. Power to regulate proceedings. Office of Chairman or member of Tribunal not public office. 12. The office of Chairman or member of the Appeal 11. Subject to the provisions of this Schedule, the Appeal Tribunal shall regulate its own proceedings. Tribunal shall not be a public office for the purposes of Chapter V of the Constitution of Jamaica. MEMORANDUM OF OBJECTS AND REASONS There exists the need for a comprehensive framework for all aspects of early childhood education, care and development.An Early Childhood Commission has already been estab lished to oversee the regulation of early childhood services. In order to ensure proper standards, a decision was taken to make legislative provision for the regulation of early childhood institutions. This Bill seeks to give effect to that decision. The Bill provides for – (a) the registration of early childhood institutions; (b) the setting of standards for the operation of such institutions with respect to safety, sanitation, health and supervision and as regards the condition of the relevant premises; 27 (c) monitoring compliance with the legal requirements by a system of inspection. Maxine Henry-Wilson Minister of Education, Youth and Culture

Maria Hernandez Case

MARIA HERNANDEZ VAN NESS TEAM 10 The Story: Maria Hernandez & Associates is a company that started its business with a cash deposit. On June 20,2004 Maria Hernandez transferred all her savings of $30,000 into a new Bank account under her company’s name, two days later she transferred another $20,000 which she had borrowed from her father on a 6% p. a. interest rate. Thus, with an amount of $50,000 in its bank account Maria Hernandez and Associates was ready to start its life in the Webpage designing sector.After the Bank account transactions, Maria Hernandez quickly took care of the initial expenses that included pre-paid rent for the new office, giving a security deposit for the same, buying used computers and software from her previous employers and also ordering and acquiring office stationary. On July 2,2004 Maria Hernandez & Associates opened its doors for business. The substance of our report covers the first two months of the company’s operations. At the start of the operations i. e.July 2nd, 2004 the amount in the company bank account was $12,000; however on August 31st, 2004 (roughly two months of operations) the amount had declined to $6,600. We are therefore left with two key questions to answer. 1. How would we report on the operations of Maria Hernandez & Associates through August 31, 2004? Had the company made a profit as Maria Hernandez believed? If so, how can we explain the decline of cash in the bank? 2. What can we say about the status of the business on August 31, 2004?To answer these questions we analyzed the company’s income statement and balance sheet for the months of July-August, 2004 and have come up with the following analysis and suggestions: Financial Ratios: Through the analysis of the Income Statement and Balance Sheet, we were able to extrapolate the following Ratios, which gave us an insight into the workings of Maria Hernandez & Associates |Financial Ratio |Figures | |Current Ratio |4. 17 | |Return on Equit y |13% | Return in Assets |7% | |Profit Margin |9. 8% | |Debt to Equity |0. 74 | By and large, the ratio’s displayed are lower than ideal. However, given the fact that the operation is only 2 months old, the figures are very promising; especially since there was an increase in workload of the company in early August with four new clients by way of referrals. Considering all the ratios in more details we would like to start our analysis with ROE ratio that measures a company’s profitability.We have 13% what means that the company is making 13 cents out of every dollar invested. This figure is relatively low, but for a start-up company it is rather satisfactory, because it indicates a growth opportunity with increasing operations. ROA ratio shows us how many dollars the company makes in relation to its assets, thus 7 cents per 1 dollar. The ratio is deceptive because by definition a lower ratio denotes inefficient use of assets. But considering a start-up that operates f or only 2 months, there is a scope for improvement since the number of operations has been increasing.In addition, this ratio can vary depending on the industry in which the company operates. This is why our suggestion to Maria Hernandez is to compare ROA every month in order to be able to realize how productive or unproductive the business is. Profit margin represents the percentage of revenue that a company keeps as profit after accounting for fixed and variable costs. In other words, it is company’s health indicator. The company is keeping 9. 8 cents of sales as earnings for every dollar that the company earns.It is a good sign because the company was able to recoup the initial fixed costs and also showed a profit in the books within 2 months, on the other hand the usual trend for web-page design companies to show a profit is 1-2 years. Debt to equity ratio indicates extend to which the business relies on debt financing. As we know, Maria Hernandez borrowed $20,000 from he r father at 6% interest rate and invested $30,000 cash from her own savings. In addition, the company made revenue of $40,000 in cash that helped to cover all the expenses and operational purchases.So, we can conclude that the company is growing on cash mainly and in the tech industry this ratio is bound to go down, because once the assets [computers and software] are acquired there is no need to take on debt to grow the company, as the growth can come from the revenue itself. On an average computer companies have a Debt to Equity ratio of under 0. 5 Current ratio that shows the ability of the company to pay off its liabilities at a given period of time is the only point of concern. As a rule the acceptable figure is between 1 and 2, in our case we have 4. 7, what means that Maria Hernandez can pay off her loan with interest however, she has some excessive cash on hand what indicates inefficient management of funds. Suggestions: We would first like to address the matter of treating the Interest and Depreciation. The interest is accumulating and since the interest has to be paid at the end of the year, the amount at the moment is incomplete. Therefore, the interest payable should be accounted in the Balance Sheet, and interest expense in the Income Statement. In case of the equipment, accumulated depreciation is to be taken into consideration.The depreciation per month is $750, thus the accumulated depreciation is $1500 after 2 months of operation. As the expected life of the equipment is 3 years Maria Hernandez should credit the accumulated depreciation for 1/3 of the value of the assets, subtract accumulated depreciation from the equipment in the Balance Sheet and include depreciation expense in the Income Statement. An analysis of the Expense to Income ratio showed that currently 86% of the income is being used to write off expenses such as rent and salaries, which explains the decline in the bank balance as on August 31st.We recommend reducing such expenses by keeping fewer full-time staff and hiring interns or keeping staff on a part-time basis at least for the initial period of the companies life. Conclusion: In conclusion we would like to say that Maria Hernandez & Associates is doing rather well as a Start-up company. The numbers are mostly in its favor, and are bound to get better as the life of the company progresses. The only flaw in the design is by way of the expenses incurred in form of Salaries, which can easily be fixed.