Objective Purpose Of Industrial Training Education Essay

Objective Purpose Of Industrial Training Education Essay Practical Training is compulsory for all students in Pasig Catholic College which is a part of academic credit hour to have a diploma. As an Accounting Student, they must undergone practical training for 5 months with 400 hours as per requirement of Pasig Catholic College before they were qualified to receive a diploma in Accountancy. With the combination of knowledge working experience during three months training, students are required to produce a written report. Chapter II Background of the study Pasig Catholic College offers Bachelor of Science in Accountancy. This is a five year course to finish, and students are required to attend OJT with four hundred hours or five months. They are required to attend this training before they receive a diploma. On the other hand they would not be able to receive a diploma unless they finished the training. This study wants to find out the impact of Industrial training if it is useful, or needed to become a competent student. This study want to find out the importance of this training, the advantages and disadvantages, the good and bad training, and the benefits of this training to the students of Accountancy Department. To make this research possible, there should be the target respondents and these are BSA graduating students who are the major respondents and also the information from College OSA and College Guidance Office. Statement of the problem The primary objective of this research is to explore approaches to the effectiveness of industrial training conducted by institutions of Accountancy Department in Pasig Catholic College. This research is also prompted by the concern that the increase in the number of students annually seeking industrial training may burden organizations hosting them and may undermine the quality of training. Objective/ Purpose of Industrial Training The main objective of Industrial Training is to expose the students to actual working environment and enhance their knowledge and skill from what they have learned in the college. Another purpose of this program is to instill the good qualities of integrity, responsibility and self confidence. All ethical values and good working practices must be followed by student. It is also to help the students about the safety practices and regulations inside the industry and to instill the spirit of teamwork and good relationship between students and employees. Employers are increasingly looking beyond a graduates academic knowledge and whether they have what is commonly known as employability skills. According to a survey of skills needed by SME employers (Beta Technology, 1994), 58 percent of respondents viewed qualifications and experience as equally important when recruiting, with further 39 percent commenting that experience only was more important. As such a UK government has established a National Committee for Work Experience (NCWE) whose propose is to engage business and in a national effort to promote student work experience, build on current and past work and encourage the spread of good practice (Blunkett, D., 1999). The value of developing stronger links with industry in the current economic climate is being realized more and more by higher education institutions. Increase input by employers in course development, students placement and the offering of sandwich option in many degrees stem from increasing awareness that it must be mutually beneficial to bring academic and industry closing together. Industry can influence the learning of undergraduates to produce a potential workforce with the academic knowledge and flexibility they will require; students can learn first hand the type of demands which will be made on them when they enter the world of work and are hence batter prepared; academics and industrialists can work together on projects of mutual interest an can pool their expertise and experience to achieve the best results (Kemp and Foster, 1995). In United Kingdom (UK), the prepared report in 1997, endorsed the value of employer based student training by recommending that the Government, with immediate effect, work with the representative of employer and professional organizations to encourage employers to offer more work experience opportunities for students (Huntington, 1999). The University of Ulster has produced its Policy for good practice for all courses incorporating an element of work experience document (Neill Mulholand, 2003). The document defines the main objectives of industrial training being to: Enhance students familiarity with the world of work and enable them to reflect constructively in issues related to work Assist students to evaluate and understand how to work experience relates their personal or career and future professional development Develop employability skills, intellectual skilss, core of key skills, personal attributes and knowledge about how organizations work Consolidate, complement and extend the academic programme and enable the essential integration of professional practice Maintain and develop links between the university, the placement provider and the community and Develop professional skills and strengthen the application of theory to practice. Definition of terms Industrial training is viewed as important strategies expose students to real work life and to equip them with necessary skills so that they would be job ready when they graduate. Institutions tend to introduce this component irrespective of the discipline of studies with the intention of ensuring their students competency and fully prepared for job. Industrial training comes from the word industry. You have heard many times that the United States is a great industrial nation. This is true; USA does owe high standard of living and its position in the world, at least in part to its ability to mass- produce high quality products (Linbeck Lathro, 1974). Industrial training is a form of contested learning. Contested learning means ambiguity and conflict between what is espoused and what is practice in the workplace and/or the university or college classroom. Contested learning in industrial training reflects competing interest (economic,educational or personal) that are found in the actions and values of students, teaching staff or workplace supervisor. In the context of national reviews of vocational education and training, industrial also need to be re-examined in terms of policy, administration, work place and learning outcomes (Hank,1996). Industrial Training or Classroom Training? The question arises as to where training should take place. Should a course be organized and a number of employees trained in a classroom, or should employees be trained individually on the job by the supervisor? These are sometimes difficult questions to answer, but there are some guidelines that will help us. There is some misconception that must be cleared before we can go into a comparison of the two methods. We must understand that there is no perfect way to train in any specific case where training is required. No one way is without its drawbacks. There are many considerations that present themselves. There are questions of money, time, effectiveness, energy required, instructors, and so forth. One method maybe much more effective, but the cost may be prohibitive. Another may be cheap and effective but require more people or more time is practicable. So it isnt just a matter of looking at classroom versus on the on-the-job training and saying that one is obviously better than the other. Both have their good points and both have their drawbacks (Broadwell, 1986) Similarities between Industrial Training and Classroom Training We should see the similarities as well as the differences between the two methods in order to decide which should be best for a particular training program. For example good communication is essential of all learning, no matter whether an employee is learning how polish widgets, a childhood are learning fractions or a preschooler is learning how to set the table. Someone who is good communicating must show them how to do the job, or little learning will take place. Another similarity classroom training and industrial training, at least in a company program, is that the instructor is very likely to be the employees regular day-day supervisor as well. This double relationship can pose special problems on its own, and we should understand how to handle them before going on to decide where the training should take place. There are, of course, differences as well as semilarities between Industrial training and classroom training. No matter what kind of training is done, one basic requirement is good communication. Whether there is a group of students in a classroom or one supervisor with one employee, the whole point of the relationship is for the teacher or supervisor to communicate information in certain skills. Even if the employee has only the textbook and no instructor at all, there still must be good communication. The book must be written so that the employee can easily grasp what is said, and it must present the information is such a way that the employee will not only be able to absorb the material, but motivated to absorb it (Broadwell, 1986). Good communication is not an accidental thing. There are things that stand in the way of passing information to others, and there are aid the process (Broadwell, 1986). Differences between Industrial Training and Classroom Training Just are there are similarities between training done on the job and that done in the classroom, there are some rather important differences. Remember, the reason of mentioning these likenesses and dissimilarities is to show that no one means is perfect, nor is one method always the best. Each has the advantages and disadvantages. Supervisors should examine each of the methods and see what suits their needs and problems. (In this research we are emphasizing Industrial training, but not because it is the only method that should ever be used.) Communication One major difference that works to the advantage of the person doing Industrial Training is that there is only one person to code ideas for. In the classroom the instructor must worry about trying to find words that can be decoded by the entire group, although it has different background. When the supervisor is instructing one man on the job, the problems of the communications are solve if the instructor can find the level that works for this one person. Natural Environment Another advantage is that the two of them are working in a real situation under nearly actual conditions, rather than trying to simulate them in the classroom. There is rarely ever a better arrangement than to have employees training at the machines where they normally work, especially if they actually train in the natural environment of the job. Such a situation cuts down considerably on the amount of information that has to be transferred from the training back to the job. This is one major problem with classroom training. It is always difficult to simulate a real situation in the classroom, so the employees find it equally difficult to make the application of the training when they get back to the job. On the other hand, when the training is done at the work site, they do not have to carry it back. So from this standpoint, on industrial training has a decided advantage over classroom training (Broadwell, 1986). Advantages and Disadvantages of Industrial Training Lets summarize all of the advantages and disadvantages of using Industrial Training to make sure we see this type of instruction in its proper perspective. Well look the advantages first. There is the matter of time. It generally is much quicker to train one person right at the job site than to bring the person into a classroom situation. There is less travel time to and from the training; it takes less preparation of facilities at the job than the classroom, the training can be more effective when done on the actual equipment, so time is saved through efficiency in training. Next there is less interference with production because only one person is involved at a time. The supervisor can take the worker from the loom, or from the assembly line, or from whatever activity, and let the rest of the work go on. The training sessions are usually short anyway, so even if the employee is needed for production all the time, the shutdown time will be short. Working under actual conditions has already been shown to be one very good advantage of training at the job location. We mention it again to emphasize that the whole point of training is to show the employee how to perform on the job. What better way to do this than to train under actual conditions, at the same place where the work is to be done, on the same equipment that is going to be used in doing the work? Having the one person who knows the standard of a good jobthe supervisor-do the training is certainly a major advantage of Industrial training. Taking employees of to a classroom has some advantages, but if the instructor in the classroom does not know exactly what is expected of the employees back on the job, practical training will not be accomplished. Even an instructor who had considerable experience on the job being trained for may still not know what exactly is expected of this employee, on this specific job, by this specific boss. Finally there is a matter of economics. Having only one employee off the job at the time at a time is less costly than taking several at the same time. If the production is not cut off, or at least is reduce only slightly, there is saving. The time saved by not having to move employees to a training room is always worth money. There is saving, too, if it is not necessary to provide and maintain a classroom facility. We discussed some of the disadvantages earlier. Lets summarize them also. The matter of the supervisor representing authority can be a disadvantage. The employee may resent being trained by the boss, especially if the boss exerts too much of this authority. (Look, youd better learn this in a hurry and get back to your job, or Im going to dock your pay.) One hindrance to any kind of instruction is a poor trainer. On the job the supervisor may be an excellent boss, he may know the job very well, and he may be well thought of by the employees, but teaching is a skill and the supervisor may not have this particular skill. If not, then it well be a drawback to good training. Some of the characteristics that make a person a good supervisor will help make a good instructor. But one has to learn to be a good supervisor, so one must learn to be an instructor. To do otherwise will be to go on being listed as a disadvantage to Industrial Training. Distractions will interfere with successful training and are more likely to be present at the job site than elsewhere. The problem may be noise, other employees, people asking questions (of either the employee being trained or the person doing training), normal movement in the surroundings, or a number of other things. Whatever they are, distraction are problems that have to be face and solved before the training will be successful. Time is also disadvantage. While training one employee at a time is efficient for that employee, it certainly isnt the most efficient way to train large groups of people. If the supervisor is expected to carry a normal load and still spend considerable time training each employee individually, there is going to be a real time problem. Ideally, the time for training should be built into the job so that it can be taken as a regular part of the job and not sandwiched in between other assignments. In any case it should be noted that good training takes time, and since good training is the only kind that will pay for itself, time (or lack of it) may be disadvantage to doing the training on the job (Broad well, 1986). What is good or bad training? It is much easier to define the results of good training than to define the action of good training. If, after training, the students can do what he couldnt do before the training, and if training did not take too long and didnt cost too much, we conclude that the training was good. On the other hand, the bad training is, when the training is over, the students still cannot do the job for which she was trained, then the training may have bad. We say may because the good training is that training which produces the desired result (Broarwell,1986). Benefits of Industrial Training Industrial training refers to the acquisition of practical skills and firsthand knowledge about the industry concerning a profession whilst still acquiring a relevant degree or diploma. Students of tertiary and vocational institutions are presented with the opportunity to work in the field of their profession with companies and organizations relevant to that profession and as a result bridge the gap between the knowledge obtained by theory and practical working knowledge required in their professions. For many, the thought of going out in the field with very basic knowledge of how it operates is a daunting prospect as they may not know what to do or even how to go about the whole process of industrial training (IT). This is not helped by the reluctance of companies when it comes to accommodating these students with vacancies or opportunities to carry out their IT. For many companies, they do not see the direct benefits they may accrue as a result of equipping students with such pract ical knowledge without the certainty that they will not take the advantage of newly obtained skills to benefit another rival company. On the other hand, for many students, it is a matter of who they know to obtain opportunities in certain companies rather than an equal opportunity policy. Also, a lot of these students participate in this IT program as casual on lookers with the sole driving force as the prerequisite to graduate rather than the opportunity to grasp as much of the skills and knowledge relevant to their profession as possible. Therefore on that note, this article goes ahead to present the benefits of IT to all parties directly and indirectly involved with the aim of changing the negative attitudes of both the students and the business community as well as gaining a better understanding and appreciation for it (Ayarkwa, J.,Emmanuel Adinyira,E., Osei-Asibey,D., 2012) Chapter lll. Methodology Type of research This type of research is face-to-face interview and written questionnaire. The proponent conducted a survey by giving out questionnaires to the graduating students of Accountancy Department, and also by conducted interview at College OSA and College Guidance. Respondents The respondents of the research are from BSA Graduating Students which compose of 24 students and the staff of College OSA Department and College Guidance. And these students and Staff of College OSA and College Guidance department answered and make my researched succeed. Questionnaire Dear respondents, This survey questionnaire serves as basis to determine the impact of industrial training to BSA students. Please answer each item honestly. Rest assured that your answer will be confidential. Have you finished Industrial Training? _____ Yes ______No If yes, where? Name of the Company _______________________ Location __________________________________ Which of the following are considered benefits in attending Industrial Training? Acquiring skills from the IT. Learn about how industry operates and how it relates to our life. Career opportunities give you a glimpse into the future possibilities of your selecting a career wisely. Learn to apply basic information and procedures in home maintenance. As you explore industrial training you found an interesting hobby You may decide to continue your studies in one or more of these areas. You develop an interest in one of the many jobs industry offers. After the training, how do you feel for your future career? Confident Doubt Competent Presentation, Interpretation and Analysis of Data BSA 5th year Students: Finished Industrial Training Respondents Percentage Yes 20 83% No 4 17% Total 24 100% Based on the survey result, out of twenty BSA graduating students, twenty of them finished the Industrial training which eighty percent and only four students not yet finished Industrial Training. Benefits of Attending Industrial Training Choices Total respondents Percentage Acquiring skills from the I.T 10 20 50% Learn about how industry operates and how it relates to our life. 15 20 75% Career opportunities give you a glimpse into the future possibilities of your selecting a career wisely. 20 20 100% Learn to apply basic information and procedures in home maintenance. 18 20 90% As you explore industrial training you found an interesting hobby 2 20 1% You may decide to continue your studies in one or more of these areas. 16 20 80% You develop an interest in one of the many jobs industry offers. 19 20 95% All the choices above are the benefits of attending Industrial Training. We make sure and we want to know which is the most effective as benefit to the students in attending Industrial Training. To come up with this I get the frequency to know which is the most effective to the BSA graduating students. As a result, the benefits in attending Industrial Training follows: First, Career opportunities give you a glimpse into the future possibilities of your selecting a career wisely. Second, you develop an interest in one of the many jobs industry offers. Third, learn to apply basic information and procedures in home maintenance. Fourth, you may decide to continue your studies in one or more of these areas. Fifth, learn about how industry operates and how it relates to our life. Sixth, acquiring skills from the Industrial Training. Lastly, as you explore industrial training you found an interesting hobby Choices Respondents Percentage Confident 5 25% Doubt 0 0% Competent 15 75% Based on the above result, after Industrial training of students of Accountancy Department they are competent and ready for a job in the future career which seventy five percent and followed by twenty five percent who have self confident after the training. It means that Industrial Training helps students to become competent. The impact of Industrial Training is very important for the competency of students in Accountancy Department. Competency can be defined in a number of ways. It can be defined as the ability to work to apply knowledge, skills, attitudes and values to standards of perfection required in specific context (NZQA,19996). On the other hand, commercial organizations view competency as an underlying characteristic of an individual that is manifest in superior performance in the work place as evidenced by their behavior in a variety of work context (Spencer Spencer, 1993). The term competence refers to the potential capacity of an individual or a collective to successfully perform to certain formal or informal criteria, set by one self or by others, to handle certain situations or complete certain task or job. (Ellstrom,1997). Conclusion Based on the result of the study, the following are the conclusions. Industrial training is very important or necessary to the graduating Accounting Students. It is very useful or helpful to every accounting students or individuals to motivate competency. The benefits of industrial training are also needed, especially when you are applying a job. The advantage of attending industrial training is very significant to our personality. The competency of students is not only from the classroom training, but also the big part is to have industrial training. Therefore, I conclude that the impact of industrial training is very big in the part of individuals. It is very useful and helpful and most especially to our personality. Recommendations: Promote Industrial traianing to individuals and make it more and more effective training to the students in Accounting Department. The adviser must monitor the students workplace and status if he/she doing well or trained well. The students must focus the training and make sure that he/she learned effectively from the training.

lets get drunk :: essays research papers

People I have been influenced by   Ã‚  Ã‚  Ã‚  Ã‚  Many people have influenced me through out my life. I have chosen only one person to talk about today. This person is my girlfriend she has influenced me in many different ways. In this paper I will explain some of the ways she has had an influence on my life.   Ã‚  Ã‚  Ã‚  Ã‚  This whole thing started about one and a half years ago I was in the 12th grade.I met a girl named Brandi Morton we started talking to each other and then we went on a few dates. And you know as well as I do what happens after a few dates. You go on more dates and then you consider yourself boyfriend and girlfriend or dating. One of the things that I noticed about this girl is that it was in December and she was wearing flip flops. So after we had been dating for a while summer was here and I really did not wear sandles but she insisted on me buying a pair of flip flops. So I tried them out and now here it is in January and I am still wearing them right along with her. So I dont think she is crazy anymore for wearing sandles in the winter time.   Ã‚  Ã‚  Ã‚  Ã‚  Up untill just recently I had a bad habit that a lot of people share unwantedly. I had a smoking problem it was not bothering me very much. But Brandi did not like it at all she kept telling me not to do it, but you know I still did. I just decided I would not smoke around her so I tried not to be around her when I had been smoking. But that did not work she would surprise me and come visit me then she would get upset because I had been smoking. So finanlly I decided to quit smoking completely and now when I see her I dont have to worrry about her smelling smoke on me or tasting it on my breath.   Ã‚  Ã‚  Ã‚  Ã‚  Here is a little something that she influenced me to do. For a while I had been thinking about getting my tongue pierced.Well I talked to her about it and we agreed that it would be a good thing that we both would enjoy. So the day before Halloween I went to a place called Tattoo Charlies and got it done. I was surprised

Commentary on Women Beware Women Essay

Beware Women is a Jacobean tragedy, which has a complex plot and deals with corrupted characters. This tragedy is about corruption in the court and life in general, love by money and how women can lead other women to destruction. As Tricomi states about the characters, they ‘are not wholly the product of their circumstances, but their circumstances condition their choices and propel them toward their destiny’. Middleton, as other Jacobean playwrights before him, has managed to point out that ‘aristocratic life is brutal and corrupt’. 2] The focus of this commentary will be concentrated on marriage and to what can lead one to fall apart. The first scene (Act I), deals with the characters of the play’s main plot: Leantio, Bianca and the Mother. In this scene, the readers come across with the insulting behaviour towards Bianca, where she is treated as an object. Leantio speaks of his wife with words of business, to him she is â€Å"the most unvalued’st purchase†.He describes her as if she was a dangerous object that must stay hidden and safe, away from the sight of men. When he talks about her, it is obvious that Bianca is for him a treasure and he is the thief that now has to hide his â€Å"best piece of theft† (I. ii) in a safe place so no one will steal it from him. Such words describing a human being are rather cruel, especially when Leantio is talking about a person for whom he is supposed to have true and pure feelings of love. Leantio is aware that Bianca’s family is rich, but he also knows that by marrying Bianca in secrecy and taking her away from them, Bianca will lose all of the property and money that belongs to her. He has also written over to her his house and put his mother in jeopardy. Although his act seems a romantic one and, even though he speaks of that relationship and feelings as being pure, his love is not mature; rather, it is one filled with jealousy. In the beginning of the play Bianca could be characterised as the victim because she has a mother-in-law who is not fond of her and does not approve their marriage and she is now imprisoned in poverty and in home. However, Bianca is ‘as much a victim as perpetrator, and she is to be judged as a tragic protagonist with a vexing mix of virtues and flaws’. [3] As seen in the plot, the Mother aids and abets in Bianca’s meeting with the Duke. The Mother and Livia hatched up a plan for Bianca’s rape and she falls into the trap, as Isabella did, but the rape was almost enticed on her part. ‘The attitude towards Bianca is one of dehumanizing possession and manipulation’. [4] But Bianca, after that, changes drastically and soon enough she becomes one of the most corrupted characters, who along with others, brings about the downfall and the final bloodshed in the play. Bianca chose money over her marriage, although, she blames the other women for her disaster. ‘Treachery and betrayal [†¦ ] are Bianca’s terms of explanation for her downfall’. [5] Bianca is seen by her mother-in-law as an added burden to her son’s finances. The Mother’s interest is focused only on money. For the Mother, Bianca as a wife has nothing to offer, she will only demand and receive. The Mother is sizing up the economics of their situation now that there are three members in the family. Leantio can barely support himself, and up until now he had to support his mother as well. The Mother doubts that her son is able to support a family of three. She claims that nothing can save him from this financial dead end by saying â€Å"My life can give you But little helps, and my death lesser hopes† (I. i). The Mother thinks of Bianca, as for every other wife, that she will require from Leantio â€Å"maintenance† (I. ii) fitting to her â€Å"birth and virtues† (I. ii), but also gratification of her desire for â€Å"affections, wills, and humours† (I. ii). [6] Leantio then expresses his intentions towards Bianca, by replying to his mother’s words, pleading with her not to â€Å"teach her to rebel† (I. ii) now that â€Å"she’s in a good way to obedience† (I. ii). Leantio’s â€Å"assurance† (I. ii), of keeping his â€Å"jewel† (I. ii) locked away â€Å"from all men’s eyes† (I. ii), is his mother. She is the one who holds the â€Å"key† (I. i) to his â€Å"treasure† (I. ii), and â€Å"old mothers† (I. ii) are â€Å"good to look to keys† (I. ii) when â€Å"sons lock chests† (I. ii). However, the irony here is that later on, it’s the Mother herself who pushes Bianca towards rape with the Duke, first to get rid of her, but then to accrue some of the benefits from the court life for herself and her son. Bianca is to Leantio nothing but an object of â€Å"great value† (I. ii), a â€Å"matchless jewel† (I. ii) that he has stolen. Because â€Å"temptation is a devil will not stick to fasten upon a saint† (I. ii), Leantio’s â€Å"gem† (I. ii) must stay hidden and locked. This is the â€Å"great policy† (I. i) for Leantio in order to never lose a treasure; never â€Å"show thieves our wealth† (I. ii). Bianca is the â€Å"treasure† (I. ii), Leantio is the â€Å"thief† (I. ii), and the â€Å"key† (I. ii) to his happiness holds his mother, thus, it could be said that the chest with the key is symbolic of Leantio and Bianca’s relationship. To conclude, this tragedy proves that women should beware women. Women lead other women to destruction, and are even responsible for another woman’s rape. Corruption and enemies are present everywhere but, as Bianca says in her dying breath, â€Å"Like our own sex, we have no enemy†.

Is Money Ruining Football Essay

Is money ruining football? One of the most talked about topics in football. Some fans think that it is a wonderful thing, a dream come true however others seem to disagree. Is all of this money in modern day football ruining it? From all this money football seems to become a victim of its own success. One main part of this money being in football is due to a lot of clubs having foreign ownership.It all came about in 2003 when Roman Abramovich bought Chelsea FC and since then he has put in hundreds-upon-hundreds of millions of his own money into the club Chelsea have since won nine major trophies including three Premier League titles and most recently the UEFA Champions League. Proof that wealth can indeed buy honours in the world of football. Since then half of the 20 Premier League clubs are now owned by foreigner investors. Those clubs are: Arsenal, Aston Villa, Chelsea, Fulham, Liverpool, Manchester City, Manchester United, QPR, Reading, Southampton and Sunderland.Perhaps the most spectacular of them all is politician and member of the ruling family of Abu Dhabi, Sheikh Mansour bin Zayed Al Nahyan of Manchester City. Since he has bought the club in 2008 he has spent over ? 425 of his own money to buy first team players for the club. The highest fee that has ever been paid for a footballer is ? 80 million for Cristiano Ronaldo from Manchester United to Real Madrid, this is a major difference to what the highest fee in 1928 the highest amount paid for a player was ? 10,000.The maximum wage has was also only ? 12 a week and players got a ? 650 bonus if they stayed at the club for 5 years whereas nowadays the most paid players is on ? 250,000 pound a week. This colossal money being spent to attract a footballer to a club doesn’t necessarily mean that the player is any better than another; it purely is just saying that the club has more money than the others. This is having a negative effect on football as now players are playing for the money and now not the club that they are playing for.It is also very unfair on competition in the same league meaning the richer team has an advantage as they can pay crazy amounts to get a player but a lower team can spend very little meaning the competition on less competitive. So if your club has more money it then attracts players who are better known where less known clubs have to settle on lower wages meaning that the players that they buy will be on a much less wage than those of a higher team. One big problem hat money has is the risk of the football club going bust. The most recognisable of those clubs currently in major financial trouble is former Premier League club Portsmouth, now of League One. The club is currently in administration and runs the risk of being non existant. This has come from the club overspending on players and the wages the players been given far too much than what they realistically should be on. Last season Premier League clubs shared a staggering ? 68 million in tel evision revenue, if the Premier League were to introduce a ‘safety pot’ of money (? 9. 68 million) for football league and Conference clubs so that in severe cases clubs can apply for grants to stop them going into administration/save clubs from going bust. Having an owner with millions to spend isn’t always as good as it sounds since it runs the risk of your club vanishing forever. One of the major things though is the rise in ticket prices.Football used to be called the working class sport but now it is an expensive pastime and something that the average working class man struggles to afford. This is shown at St. James’ Park when in 1992/9 3 you were able to get an adult season ticket for around ? 122 but nowadays the average season ticket is around ? 500 which shows how expensive football is now getting and that in 20 years there has been a 150 percent rise in prices.It seems that football is now slowly changing from a working class sport to a sport for those who are wealthier. The only solution to stop money from continuing to ruin football is by Uefa the governing body of football to try and do something about it by introducing salary caps or by putting in place transfer caps so only certain amounts of money can be spent in the transfer market and this would have an effect on agent fees, sponsorship and TV deals which would then ticket prices could be lowered and that clubs could still turn a profit.Another thing is putting a limit on how many foreign players you can have in your team which would mean more home-grown players would be in the team and then less wages would be spent and transfer prices to attract players from overseas and this would mean teams would need to spend more money on youth academies rather than looking all over the world for players to spend ridiculous amounts of money on. Football is no longer turning into a sport, it is a business that is now worth millions and millions of pounds and this is taking the game to its knees. By Reece Paterson.

Pelican Stores Chapter 2 Case Study Statistics

Analysis of Data: Pelican Stores; National Clothing With the given data, it is feasible to find numerous comparisons and correlations in the within the numbers given. The most relevant data to the given case refers to the type of customer (whether or not the customer used the promotional coupon) as well as the number of purchases made using the various forms of payment mentioned within the data table.As the Case Problem introduction stated, there were 100 sales included in the data set, using four different methods of payment, to assess the use and productivity of the promotional coupon. Pelican Stores sent out a promotional coupon to boost sales and gain a new customer base, relying on the assumption that the promotional coupon will draw in those people. The key notes of the data to note that pertain to the productivity of the coupon is the Type Of Customer column.The data given is either â€Å"regular† or â€Å"promotional†. The â€Å"regular† customers are tho se who did NOT receive the promotional coupon, and are assumed to be already returning customers. The â€Å"promotional† customers are assumed to be new customers, because the only people who received the promotional coupon were â€Å"new customers† who had shopped at other National Clothing stores, but not at the Pelican brand stores. Another notable part of the data in this section is the Method of Payment bar graph.Note that the â€Å"Proprietary Card† payment method indicates purchases made by customers of other National Clothing stores (the Proprietary Card is a charge card only available through National Clothing). Figure 1: Shows the distribution of sales between the four different payment methods; Discover, MasterCard, Visa, Proprietary Car Figure 2: Shows the distribution of customer type between the two options; Regular (returning Pelican Stores customers) and Promotional (those who received the promotional coupon)

Finanical Management Essay Example | Topics and Well Written Essays - 2000 words

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