Question answer Assignment Example | Topics and Well Written Essays - 2000 words

Question answer - Assignment Example Appropriate strategies to deal with the volatility of the risks could help the business survive and sustain in the long run. The effective risk management structure of the company focussing on restructuring of its operations, implementing risk mitigating procedures would help the company to deal with hazards. Executive Summary In our discussion, we have considered the operations and spread of markets of Howden Joinery Group. Howden Joinery Group. is a leading supplier of kitchens and joineries. Annual reports and financial statements have been analysed. The major risks identified for the company are the interest rate risk, counterparty risk and foreign currency risk. The company can hedge the interest rate risk by investing in hedging securities which would offset the devaluation of some securities due to change in interest rates. Counterparty risk which the company may incur due to default of payment obligations of the counterparties may be hedged by selecting counterparties above a certain credit rating. Foreign currency risk may be hedged by entering transactions at spot rate. Based on past experience, annual reports, Howden Joinery Group Plc must prepare appropriate strategies for risk management in order to align the business with market conditions and to maintain adequate cash flows and liquidity. Annual report for three years from 2009 to 2011 The Annual Reports are given below for the company under consideration, i.e. Howden Joinery Gr. Plc. The data given below represents the consolidated Income Statement, Cash Flow Statement and Balance sheet for the above-mentioned years followed by a comparative study of the performance of the company from 2009 to 2011. For the year 2009, the consolidated cash flow statement of the company is given. For the year 2009, the consolidated Income statement of Howden Joinery Group Plc. is given (Howden Joinery Group Plc, 2013, p.1). For the year 2009, the consolidated Balance sheet of Howden Joinery Gr. Plc. is given. For the year 2010, the consolidated Income statement of Howden Joinery Gr. Plc. is given. For the year 2010, the consolidated Cash Flow statement of Howden Joinery Gr. Plc. is given below. For the year 2010, the consolidated Balance sheet of Howden Joinery Gr. Plc. is given below. For the year 2011, the consolidated Income statement of Howden Joinery Gr. Plc. is given. For the year 2011, the consolidated Cash Flow statement of Howden Joinery Gr. Plc. is given. For the year 2011, the consolidated Balance sheet of Howden Joinery Gr. Plc. is given. A comparative study of the performance of the company from 2009 – 2011 is given below. Based on the financial statements of the Annual Reports of Howden Joinery Gr. Plc. the following aspects have been described. Different sources of risk and nature of those risks Some of the different sources of risk for Howden Joinery Gr. Plc. are - a) Interest rate risk b) Counterparty risk, and c) Foreign currency

Our Absurd fear of fat Essay Example | Topics and Well Written Essays - 750 words

Our Absurd fear of fat - Essay Example n society has been made to believe that being thin is good not only for the sake of health but also for the reason that thinness is associated with beauty. Popular media in the U.S. and in other countries have associated obesity and being overweight with several health conditions such as heart disease, cancer, and diabetes, and, therefore, higher mortality. The law professor is seeking to dispel the fear that people have about obesity and being overweight. In his view there no study has shown a significant relationship between the mortality of people who overweight or obese, and trivial variations in weight. The article is targeted at the public in America, and by extension the whole world, and especially those who consider themselves to be obese or overweight. The author seeks to reassure his obese or overweight audience that they really may have no cause to worry about their weight. The subject under discussion in the text mainly relates to obesity and being overweight and the exte nt to which these conditions have been presented in negative light. Campos succeeds in appealing to the audience by relying on statistics. Campos relies on statistics to make the audience appreciate the extent of the â€Å"problem† and its supposed gravity. To this extent, he first makes the audience get sympathetic to those who are considered to be of abnormal weight before getting deeper into the subject and dispelling the audience’s fears. When he notes that nearly 7 out of 10 American adults are overweigh (par. 1), for example, he succeeds in drawing the attention of the audience who may quite easily be part of the statistics of overweight people. The author also appeals to the emotions of the audience by carefully choosing his words. For example, he states at one point that, †¦ baselessly categorizing at least 130 million Americans — and hundreds of millions in the rest of the world — as people in need of â€Å"treatment† for their â€Å"condition† serves the economic