Saturday, December 28, 2019

The Influence Of Little Timmy On Children Essay - 1443 Words

Little Timmy had always had a relatively amazing life, he had good grades, kind parents, and a bright future ahead of him. He had recently been accepted into a great college to study engineering and had his whole life ahead of him. As the celebrations for his eighteenth birthday had died down, he wished his parents good night and returned to his bedroom in his parents’ lovely, two-story home. Timmy could hardly believe that he was already a legal adult, free to do whatever he wanted, within his parent’s limit of course. Being an adult meant that he could do whatever he wanted Timmy thought as he put the finishing touches on his history report due the next day. Being an adult also meant that he could drink like an adult if he wanted as well. With a flash of inspiration, he ran downstairs to beg his parents for the car keys so he could enjoy his first adult beverage. His eighteenth birthday was about to become even more interesting as he began his exploration of alcohol. The kids at school would never believe what an amazing night he was going to have. In multiple countries throughout the world the legal drinking age is eighteen years old, however, in the United States, the legal drinking age is twenty-one. Despite eighteen years old being the age of a legal adult in the United States, citizens are unable to legally drink alcohol until the age of twenty-one. At the age of eighteen a United States citizen can vote, own property, and receive various other benefits of being aShow MoreRelatedAnalysis of The Spectacular Spider-Man and The Fairly Odd Parents1319 Words   |  5 PagesMass media is a microsystem that influence on a person’s values, beliefs, attitudes, and behavior. Mass media is a form of communication that is viewed by large audiences through medium such as TV, newspaper, book, and internet. Television is the most influential form of media and the way it has impacted on children’s lives. The two children television show that I will be discussing is The Spectacular Spider-Man and The Fairly OddParents. We wi ll look at it content and the hidden message that theseRead MoreEssay on Rage Against the Machine1523 Words   |  7 PagesRage Against the Machine Zack de la Rocha, Tom Morello, Brad Wilk, and Timmy Commerford took to a Philadelphia stage in 1993 clad in black electrical tape that covered their mouths and the initials PMRC written in black marker across their chests. They stood in this fashion for fourteen minutes while feedback from their guitars rumbled through the amps. This seemingly simple prank was actually protest against the censorship of music and the Parents Music Resource Center, foundedRead MoreMy Sibling And I Have Very Different Personalities1739 Words   |  7 Pagesgetting into arguments over everything. Arguing over who got to sit shotgun in the car, who got the television remote, or whose friends could sleep over. My little brother Timmy is five years younger than me and is one of my best friends. We have fairly similar personalities and almost never fought. This was not the case for Abbey and Timmy. Both having strong personalities and being very strong willed they were always fighting, a considerably more than Abbey and I did. Like psychologist, SullowayRead MoreDomestic Violence And Its Effects On Children Essay2003 Words   |  9 Pagesthan rural women (Meiksin, et al, 2015). This problem has many different controversial issues that can confuse people about what the actual definition of domestic violence is. Violence in a home can be damaging to someone’s self-esteem, can cause children to be involved in such danger, and it can result in a cause of death depending on how violent the situation is in that family. Domestic violence is something that families should not have to go through, but it does happen. â€Å"Domestic violence canRead MoreEFFECT OF PEER PRESSURE OF STUDENTS ACADEMIC PERFORMANCE IN SECONDARY SCHOOL5933 Words   |  24 PagesCHAPTER TWO Introduction Peers become an important influence on behavior during adolescence, and peer pressure has been called a hallmark of an adolescent experience. Peer conformity in young people is most pronounced with respect to style, taste, appearance, ideology, and values. Peer pressure is commonly associated with episodes of adolescent risk taking (such as delinquency, drug abuse, sexual behaviors, and reckless driving) because these activities commonly occur in the company of peers. AffiliationRead MoreDomestic Violence and Its Effect on Children4845 Words   |  20 PagesCONTENTS I. ABSTRACT II. INTRODUCTION III. IDENTIFICATION OF THE PROLEM IV. HISTORY OF PROBLEM V. THEORIES REALTED TO PROBLEM VI. POLICIES ADDRESSING PROBLEM VII. SUMMARY VIII. CONCLUSION IX. REFERENCES Abstract Children who live in domestic violence homes are constantly being exposed to verbal and physical abuse, directly or indirectly, it has to account for some form of damage within them. They generally suffer in silence, but often develop high levels of aggressionRead MoreAdvertising Campaign Example5278 Words   |  22 PagesThe customer-oriented, owner-operated handbag business, It ¡Ã‚ ¦s In The Bag, is looking for a way to reach the female population of Scioto County, and its surrounding area. The business does little advertising and is looking for was to make possible consumers aware of the benefits of shopping at It ¡Ã‚ ¦s In The Bag. The purse boutique carries private-label handbags that are exclusively distributed to small business in hopes of promising sales. It ¡Ã‚ ¦s In The Bag takes pride in making sure every customerRead More The Impact and History of Learning Disorders on Children Essay5477 Words   |  22 PagesThe Impact and History of Learning Disorders on Childr en In his 1954 majority opinion in Brown v. Board, Chief Justice Warren laid out concisely the fundamental role that education would play in postwar America: â€Å"Today, education is perhaps the most important function of state and local governments. Compulsory school attendance laws and the great expenditures for education both demonstrate our recognition of the importance of education to our democratic society. It is required in the performanceRead MoreSantrock Edpsych Ch0218723 Words   |  75 Pages†¢ Do children develop in distinct stages, or is their development smoother and more continuous? †¢ How do children develop physically, and how does this affect their behaviour and learning? †¢ What is the best way to characterize students’ cognitive development? How might knowledge of students’ cognitive development influence the way you teach? †¢ How does language develop? What is the best way to teach students to communicate verbally? PHYSICAL AND COGNITIVE DEVELOPMENT Exploring How Children DevelopRead MoreMergers Acquisitions in Pharma Industry21425 Words   |  86 Pages 10,102 2008 10,829 2009 11,609 2010 8,200 Source: Epsicom Further, the Indian Pharma market has shown little over 20% growth for 12 months ended July 2010 , which is 4 times the global growth rate of 5 %. GSK India had a growth of 19 % as on July 2010. 2.2.3 New product launches underlie market growth The market has been growing between 6-8 per cent

Friday, December 20, 2019

The History Of Sexuality By Michel Foucault - 1729 Words

The ‘We â€Å"Other Victorians†Ã¢â‚¬â„¢ chapter of the book entitled â€Å"The History of Sexuality† by Michel Foucault seeks to explain the traditional and modern issues regarding sexuality. Michel argues out that during the 17th century, sexuality was not a big deal, and various sexual acts were pursued more or less deliberately. Primarily, there was no taboo concerning sex and people of all age groups including children were well aware of sexual behaviours. Michel then points out that sexuality was now shifted to the homes where it was meant to become a personal matter between two exclusive partners (Foucault, 1980). As such, the society manipulated and controlled the issue of sexuality such that it became a reproductive and productive national power. For this reason, the repression of sexuality resulted in the concentration of supremacy as power became concurrently linked to leisure. Throughout the eighteenth and nineteenth centuries, sexuality was a socially non-existent matter, a taboo, as well as, the dissertation of sexuality fell completely silent as populations continued to grow rapidly. Therefore, this paper entails a critical reflection of Michel Foucault’s main arguments in this chapter. Michel argues that during the seventeenth century, people were frank about themselves more so regarding the issue of sexual practices. That is, words were expressed openly without any concealment and secrecy was something did not exist at all. As such, anybody had the right to know anythingShow MoreRelatedThe History Of Sexuality, By Michel Foucault1346 Words   |  6 PagesIn the History of Sexuality Vol. 1, Michel Foucault writes the body as a constructed and manipulated agent, the locus of sociopolitical discourse and power. To Foucault, the body cannot exist before the law (that which holds and ascribes its meaning). Similarly, sexuality cannot free itself from relations of power (Butler 1989:603). Indeed, the body is culturally contested; it is incapable of independence from any particular structuralized narrative. The ubiquitous yet uncertain subject of sex,Read MoreThe History Of Sexuality, Volume 1, By Michel Foucault1822 Words   |  8 Pages In Part V of The History of Sexuality, Volume 1, Michel Foucault documents the historical shift from a sovereign power concentrated in death to a normalized, institutionalized regulation of life focused in part on the control of sexuality. He argues that this movement marks not only a reconceptualization of the living subject as a valuable source of both labor and production but also a new political interest in sex as a site of surveillance, classification, and management. Individuals in the contemporaryRead MoreAnalysis Of Michel Foucault s The History Of Sexuality Sheds Light On The Victorian Era 1258 Words   |  6 PagesMichel Foucault’s The History of Sexuality sheds light on the Victorian era and how the regulation of discourses on sex reveals that Victorian society is more perverse than contemporary society thinks of it. A similar approach can be applied to contemporary society and political discourse. During the 2016 presidential election, The Washington Post relea sed a video of current President-elect Donald Trump bragging about what many consider to be sexually assaulting women. Recorded saying comments suchRead MoreAnalysis Of Foucault And Queer Theory 1211 Words   |  5 PagesIn Foucault and Queer Theory Spargo defines queer theory as a nebulous group of cultural criticism and analysis of social power structures relating to sexuality . It is these power structures and aspects of culture that are responsible for the discourse that creates and informs ones understanding of gender, race, and sexuality. However these aspects of identity do not exist separately from one another, but are constructed in tandem throughout history. These layers of identity inform each otherRead More Repression and Fear of Gay, Lesbian, Bi-sexual, and Transgender Americans1610 Words   |  7 PagesSan Francisco boast attendance in the hundreds of thousands. The legislative act of prohibition has provided strength to the prohibited acts in the case of sexual behavior and identity. Michel Foucault best explains how homosexuality became an identity and a category. In The History of Sexuality, Foucault explores the validity of the repressive hypothesis which claims that sex has been repressed in Europe since the Renaissance. For three centuries, the bourgeoisie, characterized by modernRead MoreBiographical Paper Of Michel Foucault1272 Words   |  6 Pages Biographical Paper of Michel Foucault. Michel Foucault Kenya Coleman Principles of Sociology Professor Preston September 12, 2016 French historian and philosopher Michel Foucault, was born in Poitiers, France October 15, 1926. He was the professor of the History of Systems of Thought and also was the founder of Groupe d’informationRead More Eve Kosofsky Sedgwicks Tendencies: Queerness and Oppression1208 Words   |  5 PagesTendencies: Queerness and Oppression Over the last two decades or so, the idea of queerness is one that has been utilized and considered by individuals and communities of marginalized sexualities and genders. The concept is one that has attempted to broaden and deconstruct traditional notions of gender and sexuality in order to include all of their incarnations as valid experiences and identities. Queerness endeavors to include all of those who feel they are a part of it yet, seemingly, not everyoneRead MoreRelationship Between Sex And Power955 Words   |  4 PagesIntroduction Michel Foucault was a French philosopher, historian, social theorist, philologist and literary critic whose work had a tremendous impact on several disciplines. He was not a sociologist by training, but he worked diligently on sociological issues and otherwise had significant influence on the work of other sociologists. One of his most famous works is the The History of Sexuality, in which he examines the emergence of sexuality as a discursive object and separate sphere of lifeRead MoreHistory of Sexuality3607 Words   |  15 Pagesconcepts of Michel Foucault From 1989 to 1999, the time period of the Clinton Administration, a homosexual force entered the American consciousness. Court cases and rhetoric of the 80s incited a discourse in which homosexuality was re-articulated, re-negotiated, and unmistakably re-repressed (Davis 3). Supreme Court judgment and actions taken by Congress with the Dont Ask, Dont Tell policy exemplify theories of sexuality and power expressed in the philosophies of Michel Foucault. FoucaultRead MoreMichel Foucault s Philosophy Of Law1346 Words   |  6 PagesMichel Foucault was an unconventional philosopher in relation to the ideas and reasonings of law and why they are just. He takes a different approach than many of the most prominent philosophers in the study of the philosophy of law. If someone were to compare his ideals with the ideals of some of the most prominent law philosophers an interesting total theory of the philosophy behind law could be created. The intentions of this writing are to relate and compare Michel Foucault with many of his predecessors

Thursday, December 12, 2019

Business Project Management Performance of Business

Question: Describe about the Business Project Management for Performance of Business. Answer: Introduction Below is a breakdown of its components; strategic business objective, project objective, key performance indicator, and major derivable/milestones. Strategic Business Objective Strategic objectives of a business or an organization include long haul strategy choices, for instance, starting with another plant, introducing another product in the market, expansion and so forth. Strategic planning is for the most part impacted by: the decision of broadening, i.e., extension or combination of business (Chang, 2016). Market flow, demand, and supply, technological changes, stiff competition from bigger firms in the industry, different threats in markets, difficulties and opportunities among others. Strategic objectives planning sets focuses for the workings and references for taking such long haul strategy decisions and changes the business targets into functional and operational units. With the assistance of innovations in information technology, an organization may even decide on an altogether new plan of action, which will permit it to set up, combine and keep up a strong will of sales in the current market and in addition give a competitive edge in the market and the industry at large (Hill, Charles, Gareth, Jones, Melisa, 2014). This would be achieved by indulging in market strategies including planning on extensive, efficient and effective distribution channel, advertisements through proper channels, evaluating the market participants among others. in relation to good corporate relation with consumers, may it through environmental conservation and awareness, a plant should be conversant with it in order to create a good relation with the surrounding society. At the point when a business truly knows the community they are involved with and serves them well in terms of their welfare, 'the way they need to be served,' the customers, for the most part, react by r eturning and purchasing more from the firm. It raises incomes and profits. Project Objective This project management under its objectives is to endorse a plant that is environmentally friendly, in that it reduces the risks of spillage. A plant that reduce waste streams into the environment therefore saving non renewables resources and allow production of carbon neutral energy from the byproducts. This particular projects aims at recognizing the fundamental difficulties and hindrances for decreasing plastic waste in mixed waste and lingering waste streams, thus fortifying counteractive action and reusing of plastic waste (Atkinson, 2014). Advancing and enhancing reusing of plastic polymers as a substitute for virgin plastic. Redirecting waste plastic from the remaining waste going to cremation- making a carbon unbiased vitality source- and landfill. All in all, the project conveys a commitment to the general maintainability of the plant site. Improvement of general waste management in the range; expanded reusing levels and a decrease of natural waste in landfills; acquiring a quality manure to be utilized as a fundamental revision that adds to enhance soil fertility, for instance, to stop the desertification procedure and to withhold carbon in the ground. Key Performance Indicator (KPIs) KIPs refers to a measurable value that gives the effectiveness of company activities in attainment of its set goals and objectives. This measure is used by organizations in evaluating their development and success or loss at reaching their targets (Parmenter, 2015). This measure will be applied on conservation of environment by the plant, where plants performance and attainment of goals are greatly affected by how this plant will manage its waste products from the production mainstream whatsoever. Performance indicator too will be used to evaluate the organizations performance in respect to relationship and cooperation with various stakeholders of the plant such as unions, local community, suppliers among others. Attainment of goals if affected by the latter key participants. Technological advances are key players in any organizations objectives. It is responsible for high rate of organizations growth or a stunted one depending on its availability and personnel to apply it. Depending on how an organization is performing in terms of efficient production volume, KIP will keep tract and evaluate whether or not to increase production volume taking into consideration of the initially set objectives. Major Deliverables/Milestones In project management, a deliverable is a product or a service that is given to a customer. A deliverable ordinarily has a due date, quantifiable and specific. A deliverable can be given to either an outside or inner client and fulfills a milestone or due date that is made and created in the project laid plan (Rowe, 2015). A deliverable can be a software product, a configuration record, a preparation program or other resource that is required by the project plan. Basically this are regulations set to plants such that after they are met, the provide a safe site for production in terms of variables such as security, reduction of environment contamination, demolition just in case its necessary, building and construction standards, energy source, plant design and layout under required specifications among others. All these measures are regulated and controlled by the Environmental Protection Agency (EPA). 2. In every project, there exist drawbacks and hindrances that are unavoidable. Generally there are common challenges that project management would faces with respect to its particulars. These include its scope, time, cost, risks, quality and procurement for this particular plant. Therefore below it follows a basic explanation of each challenge as it happens and how it affects achieving set objectives. With respect to scope, a project may have forecasted a perfect market where it could have expected high returns from its maximum sale of its products. This would not be the case if the market would change within a short duration, technology advances that renders this plants machinery outdated and also the site might get contaminated rendering it to be crossed. Time is the most crucial thing in any project. Time would be a challenge in terms of training of workforce, time taken to acquire a business permit, construction and installation of machinery delays and also EPA may take time before checking if standards were met when situating this plant. As all this is happening basically the market would still be running and other organizations would take over the market share that this project is expected to acquire. On the other hand cost is another challenge. Additional costs that arises from restricting and designing plants structures, costs of attaining business permits, soil control measures, hiring and training of new staff among others. Every business decision attracts a risk. Delays in construction and soil treatment that could lead to closure of the plant are among the list of risks that are to be faced by this project. Loss of market share is another. Breakdown of machinery or some them becoming obsolete causing them to be replaces, this would lead to increase in overhead costs. Another challenge of this project is achieving quality required by the EPA in terms of construction requirement and meeting the standards required by the corporate society. Last but not the least, procurement of plant necessities poses a challenge to this project in terms of purchase of new machinery, allocation of available funds efficiently to supplement the whole project, contracting with new suppliers, purchase and storage of raw materials and finished goods respectively (Haimes, 2015). Recommendations Any project work requires adequate diligence and dedication to ensure that the overall output is worthwhile and can be used for further references. Conclusion. The overall project proves that every input in the technological aspect ensures that there is adequate enhancement in any scientific work a researcher is undertaking. References Chang, J. F. (2016).Business process management systems: strategy and implementation. CRC Press. Haimes, Y. Y. (2015).Risk modeling, assessment, and management. John Wiley Sons. Hill, C. W., Jones, G. R., Schilling, M. A. (2014).Strategic management: theory: an integrated approach. Cengage Learning. Kerzner, H. R. (2013).Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Parmenter, D. (2015).Key performance indicators: developing, implementing, and using winning KPIs. John Wiley Sons. Rowe, S. F. (2015).Project management for small projects. Management Concepts Inc.

Wednesday, December 4, 2019

Disrupting Investment Management Industry -Myassignmenthelp.Com

Question: Discuss About The Disrupting Investment Management Industry? Answer: Introduction: A.G. Barr Plc is the Scottish soft drink producer that is based in Cumbernauld. The company is the producer of popular Scottish drink. Barr Plc is listed on the London Stock Exchange and it is regarded as one of the constituent of FTSE 250 Index (Agbarr.Co.Uk, 2018). The current report is based on the determination of the strategic direction of A.G Barr Plc by outlining the major activities undertaken with vital features of its strategy. The report would analyse the business opportunities and risk that is faced by the company with emphasis would be paid on operating performance. The report to Amicable Pension Fund would include details of financial performance over the last five years with. Reference to stock market pricing efficiency and efficient market hypothesis would be made to assess the market efficiency of A.G. Barr plc. The report will further cover valuation and share price performance to provide brief comment on share performance with appropriate recommendations on investment perspective for Amicable Pension Fund. Outline of its main activities: The main business activities of A.G. Barr Plc are concerned with the production capabilities, producing higher quality products throughout the well invested and effective production sites. The primary business activities of A.G. Barr Plc are associated with the sourcing of raw materials across the world to design its packaging materials to strive for constant improvements. The company has the fleet of more than one hundred vehicles with long standing relationships with its key distribution partners (Scott, 2015). The company strives to render greater service to all of its customers from the biggest food service customers to the smallest local shop. The company operates across the multiple routes in order to market its products. The major activities of the company are concerned with the operating activities and efficient distribution networks with its direct store channel of delivery. Key features of business strategy: Considering the key business features of A.G. Barr Plc, clarity of purpose and constancy of approach results in best outcome. The key business features of A.G. Barr Plc include; Strongly differentiated brands Effective and flexible operations Innovative based understanding of customers Partnerships that derives growth G. Barr Plc leverages the strength and commitment of its teams. Five year trends of performance: Particulars 2013 2014 2015 2016 2017 Revenue 2375,95,000 2540,85,000 2609,00,000 2586,00,000 2571,00,000 Gross Profit 1080,04,000 1161,56,000 1199,00,000 1211,00,000 1207,00,000 Operating Profit 349,46,000 384,81,000 421,00,000 421,00,000 431,00,000 Basis Earnings per Share 0.25 0.27 0.26 0.30 0.31 Total Dividend paid per Share 0.11 0.17 0.12 0.13 0.14 Gross Profit Margin 45.46% 45.72% 45.96% 46.83% 46.95% Operating Profit Margin 14.71% 15.14% 16.14% 16.28% 16.76% Annual Percentage Growth: Particulars 2013 2014 2015 2016 2017 Average Annualized % Revenue 6.940% 2.682% -0.882% -0.580% 1.590% Gross Profit 7.548% 3.223% 1.001% -0.330% 2.248% Operating Profit 10.116% 9.405% 0.000% 2.375% 4.284% Basis Earnings per Share 10.061% -3.775% 13.962% 3.881% 4.627% Total Dividend paid per Share 53.358% -28.284% 9.983% 8.027% 5.496% Cash conversion cycle: Particulars 2016 2017 Revenue 2586,00,000 2571,00,000 Cost of Goods Sold 1375,00,000 1364,00,000 Inventory 173,00,000 156,00,000 Accounts Receivables 514,00,000 527,00,000 Accounts Payables 523,00,000 374,00,000 Inventory Turnover Period 24.42 22.15 Receivables Collection Period 72.55 74.82 Payables Deferral Period 138.83 100.08 Cash Conversion Cycle (in day) -41.87 -3.12 Financial Ratios: Particulars 2016 2017 (in million) (in million) Current Assets A 282.7 286.7 Current Liabilities B 104.8 126.7 Total Liabilities C 162.3 174.5 Total Equity D 120.4 112.2 Interest Expenses E 0.7 0.9 Operating Profit F 42.1 43.1 Current Ratio G=A/B 2.70 2.26 Debt-to-Equity Ratio H=C/D 1.35 1.56 Interest Coverage ratio I=F/E 60.14 47.89 Future Business Opportunities and Risk: In spite of the macro environment influences the business has retained its focus on the execution of its strategy and particularly improving its internal actions. With the acquisition of Funkin business the company remains opportunistic regarding the continuous growth momentum of Funkin brand and business. With the changing consumer taste and preference, the demand for great testing, lower sugar products have increased (Williams, 2014). The company has recently announced that 90% of the brand that are owned by A.G. Barr Plc would contain less than 5g of total sugar per 100 ml. Therefore, this could be viewed as the positive illustration of business opportunities as how A.G. Barr Plc is responding with the pace and commitment. On the other hand, the principle risk and uncertainties surrounding A.G. Barr Plc is the changes in the customer preferences, perception or purchasing behaviour (Agbarr.Co.Uk, 2018). The consumer might decide on purchasing and consuming alternative brands or make less spending on soft drinks. Another risk faced by business is changing consumer attitudes towards the sugar (Warren Jones, 2018). With changing government intervention on sugar customer made decide on purchasing and consuming alternative brands or make less spending on sugared soft drinks. Additionally, the adverse publicity in respect to soft drinks industry may have an adverse impact on the reputation of customer and consumer pattern. Operating Performance: A.G. Barr Plc has made considerable amount of progress across the business over the last twelve months and has rendered a strong financial performance under volatile and uneven market conditions. Financially, A.G. Barr Plc has rendered a strong business performance with profit before the exceptional items stood 42.4m representing a rise of 2.7% from the performance of previous year (Henderson et al., 2015). A.G. Barr Plc has enjoyed better performance from the business of Funkin cocktail. The operating margin before the exceptional items stood 16.3% during the year 2016 and positively increased to 16.8% in 2017. The free cash flow of the organization stood 28.3 million in 2016 whereas in 2017 the free cash flow of A.G. Barr Plc significantly increased to 43.2 million. Considering the financial performance of the organization the gross margin of the company stood 46.8% during the year 2016 and marginally rose to 46.9% in the year 2017. The profit before tax and exceptional items of A.G. Barr Plc stood 41.3 million during 2016 which subsequently rose to 43.1 million in 2017 representing a rise of 4.4% over the prior year. It is pleasing to identify that the company have put behind the challenges of supply chain and system application challenges that served as the constrained in 2016 (Mullinova, 2016). Though the reported revenue felled by 0.6% however its underlying revenue from the business improved by 1.5% that resulted in improved revenue by 1.5% driven by innovation across IRN BRU and Rubicon brands. Financial Strength and Weakness: The financial strength and weakness of A.G Barr Plc is based on the diverse and differentiated business portfolio (Davis Lleo, 2015). Considering the strength of A.G. Barr Plc, the company is not only concerned with the production of soft drinks but also have moved towards cocktail mixer segment that has widened and strengthened its portfolio with the unique and market leading brand in a rising market. Another business strength of A.G Barr Plc is the strong balance sheet and cash generated by the company. As a result of this the board has undertaken the decision of returning around 30 million to its shareholders through the on-market share repurchase programme (Agbarr.Co.Uk, 2018). Furthermore, the company has dedicated group of people that have contributed to the success of the business testament. With the increasing amount of growth in the net asset the balance sheet of the company is significantly gaining strength (Barberis et al., 2015). The strong balance sheet enables the business to access the cost effective and flexible debt facilities to offer optionality as this would enable the company in making sure they have the agility of taking advantage of opportunities that is identified. The company has robust risk management structure of assessing risk. The risk management framework sets out the systematic approach of managing risk (Kahn Lemmon, 2014). The strength of the company is vested in re-assessment of risk by mitigating the controls implemented. The strength of the company is the wide variety of products offered by its wide range of brands. A.G Barr Plc provides its customers with products from varied brands through variety of trade channels and customers. There are certain significant amount of failings or weaknesses identified during financial year. A.G. Barr Plc to some extent faces the failure of maintaining the appropriate customer relationships. This may enable the company to faces certain reduction in the base of customer that can have the adverse impact on the sales of A.G. Barr Plc with decline in operating profit (Fernandez, 2015). Additionally, it is identified that there is an inability of protecting the group intellectual property rights. The failure of the company could be considered as the weakness as this could result in lower value intellectual property rights with loss of brand value. Furthermore, the analysis from the computed ratio states that current ratio reported by the firm stood 2.70 while in the subsequent year declined to 2.26. Additionally, the debt to equity ratio of the organization stood 1.35 in the year 2016 which subsequently increased to 1.56 in the year 2017 (Reid Myddelton, 2017). This represents that the company has been undertaking higher amount of debt and could potentially result in increase in increase in operational risk of the organization. Stock Market Pricing Efficiency in A.G. Barr Plc Share Price: The efficient market hypothesis can be regarded as the investment theory that defines that it is not possible to beat the market because stock market efficiency reflects the presence of share price to incorporate and reflect all the necessary information (Zabarankin et al., 2014). As evident recent imposition of sugar tax in UK could be viewed as semi-strong information. Stocks are regularly traded at their fair value on stock exchanges that makes it not possible for the investors to either purchase undervalued stocks or selling the stocks at the inflated price. The government announcement of sugar tax could be viewed as semi strong since the information that is obtained to predict the stock performance may well be reflected in the stock price. The information of increased sugar tax may enable the company to accelerate the long standing sugar soft drinks programme would enable the company to capitalize on the price trends of the tradable security in the market (Agbarr.Co.Uk, 2018). The central engine behind the change in price of A.G Barr plc is the arrival of the new information. As a result of this, the current prices of the securities provide all the necessary information from the external sources and consequently there is no reason behind believing that the prices are very high or too low (Blitz et al., 2015). In respect of A.G. Barr Plc, the new piece of information reflects the existence of efficient market for the investors to profit from the new information. Semi strong market form of market efficiency: Semi strong form of efficiency is considered as the efficiency market hypothesis which implies that all the public information is computed into the stock present share price. This represents that neither the fundamental nor the technical analysis could be used to attain the superior gains (Fernandez, 2017). The semi strong market efficiency provides information on the public available benefit that the investors are looking to earn through the abnormal returns on the investments. Similarly in case of A.G.Barr Plc the information of government implementation of sugar tax suggest only the information for the benefit of investors to generate the abnormal returns on the investors. The information obtained by A. G. Barr Plc is accounted into the stock price and the stock price can be classified as semi strong since the information available is obtained from the external sources (Adam et al., 2016). The stock of A. G. Barr Plc can benefit the investors that are seeking abnormal returns on investments. Valuation: Net asset Value Per Share: Particulars Amount Total Assets 2867,00,000 Total Liabilities 1745,00,000 Net Assets 1122,00,000 Nos. of Shares 115714487 Fa Dividend Discount Model (CAPM): Particulars 2017 Dividend Paid per share 0.14 Dividend Growth Rate 5.50% Cost of Capital 5.36% Fair Value of Shares under Dividend Discount Model -108.00 Net Asset Value DDM Fair Value per Share 0.97 -108.00 Market Value per Share 521.00 521.00 Remarks Overvalued Overvalued Justification and explanation of assumptions: As evident from the computations performed above an assumption can be bought forward by stating that computation under the dividend discount model for A.G. Barr Plc is performed based on the total dividend paid by the company over the last five years. Evidently, the computations performed represents that the market value of shares under the dividend discount model is overvalued (Hatemi El-Khatib, 2018). Furthermore, on considering the value derived under the net asset value it is also found that the fair value of the share prices stood 0.97 whereas the market value per share stood 521.00. Therefore, it can be stated that the both under the net asset value and dividend discount model the market value of share is overvalued. Investing in the shares of A.G. Barr Plc for the potential investors might not seem to be a feasible. However, given the consistency of dividend paid to the shareholders over the period of five years it can be stated the investing in the shares of A.G. Barr Plc could be feasible options as the food and beverage company though the other market players provide higher amount of dividend to shareholders. Usefulness and limitations of valuation methods: The dividend discount model is regarded as the useful method of valuing the stock of the company depending upon the theory that the stock of the company is worth the sum of all the value of the future dividend payments (Lazzati Menichini, 2015). The dividend discount model is useful in determining the intrinsic value of the stock and excludes the present value of the conditions. The model is useful in equating the value of the present value of shares future dividends. The net asset value per share method is the useful form of business valuation which emphases on the organizations net asset value or the fair market value of its total assets after subtracting the total liabilities in order to ascertain the amount of cost to recreate the business. The net asset method is best used in creating the financial picture of the organization through the information on the balance sheet. Considering the limitations of the Dividend discount model it fails to take into the consideration the non-dividend factors namely the brand loyalty and ownership of the intangible assets (Jordan, 2014). As all of this increases the value of the company. Furthermore, the model is reliant on the assumption that growth rate is constant and stable which in actual world is instable. On the other hand, under the net asset value method it is difficult to determine the value of intangible assets namely the property rights. Furthermore, the statement of financial position might prematurely value the assets due to the presence of depreciation. Share pricing performance: Computation of PE Ratio: Particulars Amount Market Value per share 521.00 EPS 0.31 Dividend Paid per share 0.14 P/E Ratio 1692.66 Dividend Yield Rate 0.028% As evident A.G Barr has pleased its shareholders over the period of last ten years and has paid out an average dividend of around 2.35% on the yearly basis. The stock presently yields around 2.3% with the market cap of around $946 million (Agbarr.Co.Uk, 2018). Taking into the considerations the stock price movement of A.G Barr Plc it can be stated that stock price of the company has been in accordance with the FTSE and has reported lower amount of volatility in respect to the FTSE index (Cornell, 2015). As an investment prospect for Amicable Pension Fund investing in the shares of A.G Barr Plc can be viewed as the feasible prospect with the company providing an annualised divided of around 2.35% each year to its investors over the past ten years. The pay-out ratio of the A.G Barr Plc is around 44% which represents that the dividend is sufficiently covered by the earnings of the organization. Taking into the context the three-year analysis it is anticipated that the dividend per share is approximately around 0.169 with the EPS of the company increasing to around 0.35. This is assumed that the company is able to constantly pay-out the dividend with the anticipated future pay-out ratio of around 49%. The Amicable Pension Fund can be relied upon for its dividend stocks (Sabir et al., 2016). In case of A.G. Barr Plc they have the increased dividend per share from 0.06 to 0.14 over the last ten years. The company has been constantly paying out during this time given that the dividend are increasing. Consequently A.G. Barr is regarded as the attractive for investment and with the attractive yield of 2.3% could be considered as higher for the food and beverage stock. Conclusion: On a conclusive note an assertion can be bought forward by stating that making an investment in the stock of A. G. Barr Plc could be viewed as a viable option for Amicable Pension Fund. Furthermore, the company is competing with the market pace and commitment. 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