Definition and Discussion of Writing Portfolios

Definition and Discussion of Writing Portfolios In organization examines, a composing portfolio is an assortment of understudy writing (in print or electronic structure) that is expected to show the essayists improvement through the span of at least one scholarly terms. Since the 1980s, composing portfolios have become an undeniably well known type of understudy evaluation in creation courses instructed in schools and colleges, particularly in the U.S. Models and Observations The reason for a composing portfolio is to show a journalists improvement and accomplishments. Portfolios permit journalists to gather an assortment of writing in one spot and to compose and introduce it in a viable, alluring organization, giving the teacher a perspective on an understudies composing that centers more around the total group of work than on singular assignments. While aggregating singular things (now and then called antiques) to remember for their portfolios, understudies think about their work and measure their advancement; as they do as such, they may improve their capacity to assess their own work.(Laurie G. Kirszner and Stephen R. Mandell, The Brief Wadsworth Handbook, seventh ed. Wadsworth, 2012) Procedure Writing Portfolios The procedure composing portfolio is an instructional device that shows the stages and endeavors in the creative cycle. It additionally contains finished, incomplete, surrendered, or fruitful work. Procedure composing portfolios normally contain conceptualizing exercises, bunching, charting, illustrating, free composition, drafting, redrafting in light of educator/peer audit, etc. In this manner, an image of the present status of a people making process is uncovered. The two basic instructive components in the process-composing portfolio are understudy reflection and instructor inquiry.(Joanne Ingham, Meeting the Challenges of an Undergraduate Engineering Curriculum. Reasonable Approaches to Using Learning Styles in Higher Education, ed. by Rita Dunn and Shirley A. Griggs. Greenwood, 2000) Intelligent Statements Most teachers who relegate portfolios will likewise request that you compose explanations in which you consider your composing processwhat you figure you progressed admirably, what despite everything needs improvement, and what you have found out about composition. A few instructors request that understudies compose intelligent articulations or a letter to the educator for every task. Others may request only a finish of-semester explanation ..(Susan Anker, Real Essays With Readings: Writing Projects for College, Work, and Everyday Life, third ed. Bedford/St. Martins, 2009) Criticism With or without rubrics, portfolios are likewise a brilliant vehicle for educators to give verbal criticism to understudies. Educators can give composed criticism on the portfolio itself, or, particularly for more youthful understudies, they can give oral input utilizing the portfolio as the focal point of brief understudy conferences.(Susan M. Brookhart, Portfolio Assessment. 21st Century Education: A Reference Handbook, ed. by Thomas L. Great. Wise, 2008) Portfolio Assessment Portfolios have been viewed as substantial on the grounds that they measure what they state they will measurestudents capacity to compose and change in a logical setting. Be that as it may, pundits question the unwavering quality of portfolio appraisal. Highlighting the occasions a paper can be overhauled, some case it is frequently difficult to decide how skilled the understudy author is or how much assistance an understudy has gotten during the modification procedure (Wolcott, 1998, p. 52). Others guarantee there are an excessive number of factors with portfolio appraisal and that portfolios don't hold up all around ok to factual measures for them to be viewed as a dependable evaluation instrument (Wolcott, 1998, p. 1). To address the issues with unwavering quality, a few schools have added a planned paper test to the portfolio evaluation. In any case, others accept that the legitimacy of portfolio appraisal exceeds the unwavering quality issues related with it and that portfolio a ppraisal is the sort of assessment generally reliable with the estimations of compositionists. (Julie Neff Lippman, Assessing Writing. Ideas in Composition: Theory and Practice in the Teaching of Writing, ed. by Irene L. Clark. Lawrence Erlbaum, 2003) [O]ne away from of portfolio appraisal is that educators don't need to check each composing mistake, since they for the most part score portfolios utilizing all encompassing strategies. Understudies, thusly, advantage since they can recognize the substance and composing abilities they have aced and the territories they have to improve.â ( Vicki Urquhart and Monette McIver, Teaching Writing in the Content Areas. ASCD, 2005)It ought to be brought up that portfolios don't really carry more prominent precision to evaluation, yet they do advance a more noteworthy consciousness of what great composing may be and how it may be best accomplished. The points of interest lay primarily in that the legitimacy, and worth, of appraisal is expanded on the off chance that it is arranged in instructing and dependent on a more clear comprehension of writing. (Ken Hyland, Second Language Writing. Cambridge University Press, 2003)

Diversity in the workplace Essay Example for Free

Assorted variety in the working environment Essay a.) Diversity in the working environment is perceived emphatically from numerous points of view, and can make up a solid workforce of all angles inside various associations. These incorporate an assortment old enough, sex, their experience, race, religion, incapacity, sexual direction, and character or even the style of how someone functions. Every one of these variables make an assorted work power. By grasping these components into the day by day running of an association it very well may be advantageous for both business and representative, working enjoyably where everyone feels esteemed and regarded. New abilities are found and individuals are treated as people and are not generalized because of mainstream views. see more:explain the rule of educated decision Bosses must comply with, rehearse and coordinate all parts of the Equality Act 2010 as a lawful necessity. Representatives of the association can assist with making and do these strategies and have the obligation of guaranteeing a positive result in workforce undertakings. Having a more extensive territory of aptitudes and abilities to look over will help produce new thoughts helping the association to run easily and surpass accomplishment on new levels. The working environment becomes host to diversity’s benefits perceiving the various terms of information and contrasts in all business related territories. In feeling esteemed and regarded as an individual this considers people work persona in a constructive manner, identifying with clients and working better when all is said in done to accomplish the associations vital targets and objectives. The Equality Act 2010 was presented on first October 2010 and is a key bit of enactment. This Act gives the general lawful rules that ensure the individual’s rights in the work environment and gives the right enactment that advances opportunity among every different stage. The key demonstrations that involve the go about in general seem to be: * Equal Pay Act 1970 * Sex Discrimination Act 1975 * Race Relations Act 1976 * Disability Discrimination Act 1995 * Employment Equality (Religion or Belief) Regulations 2003 * Employment Equality (Sexual Orientation) Regulations 2003 * Employment Equality (Age) Regulations 2006 * Equality Act 2006, Part 2 * Equality Act (Sexual Orientation) Regulations 2007 Inside the work environment there are arrangements/methods and enactment materials that businesses and representatives can have simple access to on an everyday premise by utilizing the associations in house frameworks, for example, intranet or organization site which will have areas explicitly focused to that territory of the business. These wellsprings of data can be promptly accessible at the snap of a catch. By approaching the HR office this additionally can offer an abundance of data concerning organization arrangements, organization enactments, handbooks and data with respect to the courses and preparing that can additionally foundation information on this data and would then be able to permit the two gatherings to incorporate what they have realized. b.) It is of the most elevated significance to ensure we are on the whole working in a sound and safe condition and it is the duty of all staff to take sensible consideration of your own wellbeing and security and of others. It is imperative to adhere to guidelines and help out the wellbeing and security division on administrative issues that will emerge and to go to important wellbeing and security preparing where essential. We should likewise acquaint with the wellbeing security at work manuals these can be found on the DRI intranet or the Human Resources office. We should report any wounds, strains or diseases because of your activity job or potential risks and imperfections saw in the work environment to the wellbeing security division, so they can be settled before it can prompt potential acceleration. In acknowledgment of these issues it is significant that you use the organization offices for instance this could be through utilizing of VDU’s (visual showcase unit) which might cause eye strain because of delayed use. The organization can repay the expense of scenes and focal points. On the off chance that in explicit divisions you require individual defensive hardware (PPE) or sufficient government assistance offices, these are utilized for nothing out of pocket and it is significant you tell wellbeing security office, should you have to arrange more. This is a crucial standard when working with grating items. It is additionally fundamentally critical to us you that you have the right measure of rest breaks during the working day. Security of all representatives is vital, so we should make a point to dandy all through the structure when showing up or leaving the structure to securely get to the structure and have a record of when and what times you leave during the day. On the off chance that you happen to leave the dandy at home or lose it you should contact gathering to be furnished with a brief or a substitution from finance. In the event that you are expecting a guest you should demand they sign all through the structure no matter what this guarantees we have a record of who has been in and out of the structure should an occurrence happen. By working in a sound and safe condition we can stay inspired and enthused so as to forestall occurrences happening. We can be positive about our working environment environmental factors making progress toward a vastly improved working air. The two sorts of dynamic made at DRI (Diamond Resorts International) are those of operational choices which are completed on the regular running of the business, and choices got from different divisions (deliberately) which factors in senior administration staff to settle on long haul choices for the business and to stick point the course the business is going to take with increasingly gainful impacts. Operational choices are comprised of key stages that we deliberately follow; initially we distinguish the choice and break down all elements. Matrix Analysis is one phase in the process that causes you to settle on a few choices, where you have to consider a wide range of variables. An elective way is additionally working out the upsides and downsides of that zone introducing it to you in balance. A case of utilizing framework investigation; in the key phases of deciding. By counseling a group head and sorting out a gathering meeting you will have the option to get thoughts and exhortation from every educated body and talk with ranking staff before a choice is made. This can give you more extensive pool of roads to consider while experiencing the key stages. On the off chance that the choice to be made is dominatingly made by two individuals from independent gatherings they should have the information to haggle with one another to execute the choice and be fulfilled in all zones. The utilization of criticism is significant in these key stages as it permits us to pick up input from individuals who hold down various employment jobs and duties; subsequently are given a variety of data that may aid an official choice. Most operational choices are being made everyday by group pioneers and departmental supervisors which factor in group member’s help and perspectives. Offices that manage increasingly official choices will have a bigger range of contro l; when a director supervises the everyday smooth running of his/her branch of staff. When preparing hands on job we are prepared to recognize what choice would should be alluded through for endorsement. A case of this would be the method that Human assets division at Diamond Resorts follow which is known as a Recruitment Authorisation structure (SRAF), this is utilized for the enrollment of any new individual from staff. On the off chance that the Resort Manager at Pine Lake needed to enroll another servant she would fill this structure in and send it to the HR division. HR audit this by checking we are paying the right pay or the quantity of hours worked is sensible. It is then sent to the Regional Director (Carmina Saiz) for endorsement. Once came back to us with endorsement we solicit Vice President from European Resort Operations (Suzana Gomercic) for endorsement. When endorsed HR at that point send the structure, to Executive Vice-President Steve Bell, for definite endorsement just when these procedures happen can the enlistment procedure start. At every one of these levels the approver can possibly decay the solicitation or to roll out an improvement, for instance, to recommend the hours worked ought to be 40 hours rather than 37 hours. This would involve the range of control experiencing the various procedures distinguishing who might support every choice before a lasting choice is made. Undertaking 2 a.) The Importance of arranging organizing work at DRI †Notes for direction To help bolster you and accomplish to the best quality here at Diamond Resorts International it is significant you can design and be sorted out so as to comply with the set time constraints for the day by day running of the considerable number of divisions. It is significant that you can utilize your time accurately to guarantee that all cutoff times are met thus that you can accomplish the necessary objectives and objectives’ in every day set assignments to help others in their obligations to other people. We have various offices at DRI and it is significant we use them so as to be opportune and effective, and permit all results of the day be less upsetting for you and your colleagues. * The internet mailing framework is a key piece of the association and is crucially significant for the outside correspondences and imparting inside all divisions around the structure. Journal frameworks are exceptiona lly helpful for booking/alluding back to arrangements and can be utilized to plan any assignments or work you may need to organize before the day's end. * You may approach diverse calendars’ for meeting rooms around the structure. By picking up this entrance it permits you to see who and what time a room is reserved out for, empowering you to book in and around it for yourself or upon a solicitation by means of another colleague. This could incorporate any guests meeting with you or senior administration. The schedule sends yo

Bega Cheese Limited Australian Stock Exchange Case study-Sample

Question: Talk about theBega Cheese Limitedfor Australian Stock Exchange. Answer: Presentation The report talks about Bega Cheese Limiteds execution for the monetary year finishing 30th June 2015. It is an Australian organization, recorded in the Australian Stock Exchange and fundamentally reveled into the assembling of Cheese and other milk items. It is claimed by the Bega Co-employable Society Limited and it sends out its cheddar over the globe. The equivalent is likewise accessible in all the markets of Australia under the brand name Fonterra. The organization works in two sections cheddar and the Tatura Milk. The cheddar area fabricates handled cheddar, powdered cheddar and spread though the Milk section makers cream cheddar, margarine powder and nutritionals. Bega Cheese Limited is likewise included into contract bundling. By and by it has 1650 individuals utilized. The Australian journal industry has seen a significant defeat in the present year in conversation yet anyway and still, after all that Bega Cheese Limited has prevailing with regards to creating benefits for their financial specialists. By and by it is the healthful section of the business which is significantly more beneficial. The market has become ready as of late for the said portion however the establishment of the equivalent had been set down two decades prior. In the year 1993, the organization had set up its first splash drying plant at Tatura which would deliver in enormous amounts youth wholesome powder. The organization has progressed significantly since just because of its since a long time ago run connections promotion coordinated efforts with different colleagues. One such model is the organization with Megmilk Snow who had arrangement a canning plant directly close to its Tatura plant around the same time. They would change over the mass milk powder delivered for the b abies into retail prepared items by pressing it in such a way and afterward would send out it to the Asian market. The said plant is as yet employable. Since the Asian market for nutritionals were developing at an extremely quick pace, the organization chose to set up a second dryer in 2002 and further redesigned the equivalent in the wake of six monotonous years. Further to this the said upgradation prompted marking of a long multi year contract with Mead Johnson so much that now they have utilized lasting representatives at Tatura. The organization developed bigger when it understood that it should now have its own getting set together. In the year 2014 it charged the Derimut powder and canning office plant with best in class pressing and mixing innovation and got the enrollment from the Certification and Accreditation Administration of China which opened the fare market of China for Bega Cheese Limited (Bloomberg.com., 2016). In the year 2015, the organization declared its association with Blackmores as Bemore Partnership wherein it presented an entirely different scope of nourishing items for Asian just as Australian Markets. China has been the fundamental concentration for the gathering since according to the measurements the market of China is the biggest on the planet. The following business sector which Bega Cheese Limited eyes at is that of Indonesia since it anticipated that the island should develop because of high fruitfulness rate and a more youthful populace. The organization has not exclusively been focussing on the more youthful age yet has likewise been focussing upon the senior resident populace too. Finally the organization has been off of late thinking upon the marking of its organization items. Fonterra being the most established of all. The gathering by and by has Bega, Tatura, Royal Victoria. Melbourne and Dairymont as its significant brands. Its principle center for the following five years would be on guaranteeing an expansion in the milk solids admission and the expanding comes back from milk and expanded procurement exercises in the field of journal innovation, milk activities and such other journal items advertise improvement. Despite the fact that the worldwide journal advertise in the short run is required to be discouraging yet the equivalent is extremely productive in the medium and since a long time ago run. Along these lines Bega Cheese Limited, one of the most established cheddar and journal items brand in Australia is developing gradually yet consistently as it has confidence in blending experience and industry information in with more up to date procedures and thoughts (Bega Cheese Limited Annual Report 2015). Explanation Of Financial Position As On 30th June 2015 The monetary record of any organization insights concerning the advantage risk position of a substance as on a specific date. It likewise inks down the outline of the parities of the different records, for example, various borrowers, various lenders, inventories, speculations and so on. In this way in less difficult terms one can say that the said proclamation uncovers the situation of the investors store of the element which is only a contrast between the advantages and the liabilities of an organization (Barber, Lyon. 1996). The budget summary of Bega Cheese Limited as on 30th June 2015 shows the companys current, non current resource and risk position and the value status of the organization for the present just as the earlier year. On dissecting the fiscal report of Bega Cheese Limited as on 30th June 2015 the accompanying information is inferred All out Current Asset: $328589 All out Non-current Asset: $223830 Absolute Current Liabilities: $179287 All out Non-Current Liabilities: $60466 All out Stockholders Equity: $312666 On contrasting the above information and that of the earlier year the accompanying ends are determined: The present resources revealed in the earlier year was $321541. There has been a s to $light increment in the present resource from that point forward by simply 2.19% (Approx). It is this area of the monetary record which demonstrates the liquidity position of any substance. There has been huge increment in the present resource position of Bega Cheese Limited which unmistakably demonstrates that the liquidity position has not decreased and has been kept up at a predictable level with the goal that the organization doesn't need to confront the edge of liquidity crunch. Hence it is working safe with respects its fluid resource position. Anyway the non current resources of the organization has diminished from $227096 to $223830 which is exceptionally immaterial in nature. The reduction is because of weakness misfortune being recorded separated from devaluation misfortune and some minor offer of advantages. Anyway the said change isn't excessively striking and in this way the organization is as yet working with a solid resource base. It unmistakably shows that it has faith in building a solid resource base as it is a profoundly industrialized fragment (Vitez, 2014). Despite the fact that the present obligation position of the organization is at a positive position wherein their has been a critical decline of the rational from $212170 to $179287, yet the organization has seen to build its transient obtaining cost altogether from $20588 to $68974 which would squeeze the intrigue segment and in this manner the gainfulness of the worry. Anyway generally speaking there is a diminishing of 15.50% (Approx) which is extremely great. The non current liabilities position is very disheartening as there is a noteworthy increment of a 173.86% (Approx) since the earlier year which is disturbing as it would have an impact in the benefit and loss of the organization because of an expanding interest cost. The drawn out borrowings has expanded from $20000 to $ 57500. Howsoever such a getting will hep the organization to extend in future yet it should monitor the equivalent and attempt to reimburse the advances at the soonest in order to better the benefits of the organization (White et.al. 2002). There has been critical development in the investors value of Bega Cheese Limited yet for the stores segment. There has been no new issue of offers in this way the possession isn't weakened further. A minor lessening of 0.55% has occurred because of increase or misfortune in the supporting instruments which legitimately hits the value capital of the organization and the abatement in the reasonable estimation of the offers that are to be given to the representatives of the organization (Harper, 2010). On investigating the monetary situation of the organization it is extremely evident that the organization is working in a sound condition and despite the fact that in the year 2015 it has taken huge credits both short just as long haul yet the organization is a gainful one and a rewarding one from a financial specialists perspective. It has likewise been a profit paying organization and in the present year additionally it has had the option to deliver a profit of 8.5 pennies per share which is like what was paid earlier year. The equivalent is astounding as much after there was a plunge in the worldwide ware costs the organization kept up in any event the earlier years profit sum. Further the report talks about some other significant proportions too which would assist the financial specialists with deciding all the more precisely about their speculation positions (Zions business asset focus, 2005). Proportion Analysis Of Various Items Of The Balance Sheet Kind Of Ratio 2015 2014 Liquidity Ratios Current Ratio 1.83 1.51 Snappy Ratio 0.72 0.65 Dissolvability Ratios Obligation to stock proportion 0.92 1.15 Obligation to capital proportion 0.12 0.04 Obligation to value proportion 0.77 0.75 A perfect current proportion is 1 and in the said companys situation the present proportion is at its best. Truth be told it has bettered since a year ago by 0.30 premise focuses around. This plainly shows the organization can without much of a stretch result its present liabilities with the present resources it has close by. The brisk proportion has likewise improved in this manner demonstrating that its liquidity position is exceptionally solid (Lan, 2012). The dissolvability proportions are of significance for the organization because of increment in the obtained reserves. In contrast with the earlier year there has not been a huge increment I the companys obligation value proportion which is a positive sign in this manner involving that the organization has had the option to keep up the extent among possessed and obtained assets consistently. In conclusion a companys obligation to capital proportion is of most extreme significance to decide the monetary influence of the organization. On review the information above obviously the budgetary influence of the organization has disintegrated fundamentally (Das et.al.1998) . Investors Equity As On 30th June 2015 According to the AAS

How to Start Writing a Memoir 10 Tips for Starting Your Memoir

Writing a memoir based on your own experience requires a good overarching story, but in order to make an impression on the reader from page one, it’s important to craft an especially strong opening. When you write a memoir, begin with a dramatic hook that makes the reader want more. If you can hold the reader’s attention from the top, they’ll stick with you through the whole book.

Brain Drain And The Allure Of High Income Abroad - 1540 Words

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This paper will be focusing on brain drain and the allure of high income abroad and how developing countries can work to stem the personal flight by finding solutions. 2.0 Courses of brain drain According to (Gedamu, 2002), international migration is divided in three major categories. 2.1 Lack of Employment and Low Salaries Developing countries experience lack of employment and low salaries and this cause people to migrate where their demands are met. We can also say that low salaries and lack of employment tempt people to look for much suitable employment that can provide them with better salaries elsewhere. 2.2 Political instability in home country Political instability in home country can make people lose confidence in their governments and futureShow MoreRelatedHow Does The Brain Drain Be Hot Potatoes Throughout The World? 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Confucianism, Taoism, And Confucianism - 1277 Words

In Chinese history, there were three main philosophies: Confucianism, Taoism, and Legalism. These beliefs helped shape Chinese culture as well as Chinese history. Not only did people believe in these ideas, but the three helped to govern the mighty Chinese dynasties. These dynasties all provided an impact to each doctrine; the philosophy that had the greatest impact was legalism because it ended the Warring States Period, provided structure, and strengthened agriculture, and the military of China. Although Confucianism, Taoism and Legalism had a few things in common and at times tried to resolve the same problem, they were very different from each other in their beliefs, character, and ways of life. Confucianism was founded by the first Chinese thinker to address both the political and social order of things straightforwardly and self- consciously. 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Overview Of Company And Its Operations †Myassignmenthelp.Com

Question: Discuss About The Overview Of Company And Its Operations? Answer: Introducation Wesfarmers limited was established in year 1914 that grew into largest retail company listed on Australian stock exchange. Organization has diverse business operations that involve supermarket, convenience store and hotel, department stores, liquor, home improvements and office supplies. Moreover, it has industrial business with divisions in energy, chemicals, industry, fertilizers, and coal and safety products. Wesfarmers is a largest private sector having s shareholder base of 530000 and employing 220000 employees. Group mainly focuses on creating wealth for its shareholders and contributing to communities in a meaningful ways. Core values of organization lies in integrity, boldness, accountability and openness. Business activities of organization is operated in accordance with environmental and community principles. Retail business of the group is positioned in such a way that it will help in achieving growth and further making improvement in service, range and value. In the short -term, outlook of group seems to be challenging while remaining concentrated on operational efficiency improvement. Restructuring of target activities and challenging trade conditions have offset the strong performance of group. Wesfarmers group have continued to make investment in service, customer value, online stores and merchandise ranges for sustaining in competitive environment and continue to deliver improved return to shareholders and long-term growth. Nonetheless, depressed conditions across the retail sector have significantly affected the industrial division performance. There was considerable decline in underlying earnings for division. It is ensured by group that there is strong management capability in each of its division that is accountable for day-to-day performance of operations, strategy execution and development. The framework of business model of organization is Wesfarmers way that aims at obtaining primary objective and comprise of growth enablers, core values and value creating strategies. Portfolio diversification was reflected in financial results of year 2016 and non-cash impairment was made in few divisions of group (wesfarmers.com.au 2017). Business portfolio of organization helps in cash over time because of its excellent employees, god corporate governance and creating shareholders value. he net operating profit of the group for the financial year 2016 was recorded at $ 407 million and the operating cash flow of group was less compared to previous financial year by 11.2% (wesfarmers.com.au 2017). Strategy of group involves diversification of its funds source and maintaining presence in key markets. Critically analyzing and explaining the corporate social and environmental responsibility reporting: The sustainability issues of the group is addressed by ten principles that involve people development, safety, robust governance, resilience to climatic change, product safety, contributions to community, ethical sourcing, obligations to suppliers and diversity. Environmental regulations regulate the activities of consolidated entities and they are granted the license for regulating the management of water quality and quantity, disposal of waste and environmental matters, carriage and storage of hazardous materials and other environmental matters that is related with operations of consolidated entity (Gigler et al. 2013) Social responsibility at Wesfarmers is about managing and understanding the ways in which the operations of business activities impacts the communities that helps in ensuring value creation in future. In order to improve their environmental and social practices, sourcing of products from suppliers is done in a responsible manner. They intend to maintain leading position in industry for which engagement is done with groups such as WWF and green peace. Social and environmental issues are related engagement with such partners. Inclusive and cohesive community environment helps in underpinning the strong business environment as believed by Wesfarmers. Businesses intend to reduce the intensity of emission and making improvement in their resilience to climatic change. Group takes steps for reducing the emission of greenhouse gases, as they are able to recognize that human actions are the reason behind the climatic change. Several measures are taken by group for reducing carbon emission, im proving efficiency of energy, making investment in renewable and low emission technologies (Picker al. et 2016). Adoption of technological improvement in industry processes assist in managing the intensity of emission. Managing the electricity usage and continuous monitoring are the drivers of reducing the emission. Some of retail stores made an investment in upgrading of LED lights that leads to reduction in consumption of energy. It has been analyzed by the group that risk related to weather change will be exacerbated and increased weather volatility would also impact the supply chain and operations of organization. Risk associated with climatic change is reduced by adopting mitigation strategies. At divisional level, climate resilience planning helps in improving the understanding of issues of material climatic change. Process of risk management of organization incorporates the business robustness against climatic change. Wesfarmers is committed towards contribution to resilience of ecosystem and one of material issue is biodiversity protection (wesfarmers.com.au 2017). Natural resources used in business operations and critical part of efforts of organization are reducing the emission of greenhouse gases for managing the forests. The benchmarking tool for measuring the performance of climatic change is the carbon disclosure project. Organization has made investment in coal assets and has adopted steps for helping customers reducing emission of carbon. Group also strives for reducing water usage and waste reduction for water fill. When it comes to recycling of waste, some of initiatives have been taken by organization that involves recycling of flexible cardboard and plastic, better separation and recycling and reduction of polystyrene packaging. Making investment in community initiatives leading to social and economic outcomes is the long-term commitment of organization. Furthermore, Wesfarmers is actively engage with some stakeholders and social justice non-government organizations for addressing social issues. In order to address the labor practic e in some countries in which it operates, group engages in some key social improvement program. Supplier base of organization is continuously rationalized by establishment of more meaningful relationship with suppliers and for making improvement in social relationship with suppliers (). Presentation of ratio analysis of financial statements: 2016 2015 2014 Profitability Net profit margin 0.62% 3.91% 4.47% Return on assets 1.62 1.55 1.51 Return of ordinary shareholders equity 1.71% 9.61% 10.34% Asset turnover 0.033 0.085 0.06 Efficiency Accounts receivable turnover 21.34 20.49 15.33 Inventory turnover 7.27 7.83 7.76 Short-term solvency Current ratio 0.93 0.93 1.13 Quick ratio 0.33 0.37 .48 Cash Flow from operations to current liabilities .322 .389 0.392 Long-term solvency Debt to equity .32 .26 0.194 Debt to total assets 0.43 .386 0.345 Leverage ratio 1.29 1.59 1.89 Market-based ratios Price/Earnings ratio 1.07 .1696 .1487 Earnings yield 0.926 5.893 6.72 Dividend yield 58.11 70.82 61.90 Explanation of ratios: Ratio analysis is a vital tool for making investment decision as it depicts the trend and financial performance of company. In the present report, several ratios have been calculated that demonstrates the financial position of Wesfarmers limited. Profitability position of organization is analyzed using the net profit margin, return on assets, asset turnover and return on equity ratio. Net profit margin has a declining trend from 4.47% in year 2014 to 3.91% in year 2015 and further to 0.62%. This is indicative of the fact that net profit of Wesfarmers has fallen. Return on assets has increased considerably from 1.51 in year 2014 to 1.62 in year 2016 that depicts assets have been utilized for generating income. Return on equity has fallen significantly from 9.61% in year 2015 to 1.71% in year 2015. It depicts that organization ability to generate profit from shareholders investment has reduced. Asset turnover has witnessed a declining trend from 0.08 in year 2015 to 0.03 in year 2016 that indicates that assets of organization is not efficiently utilized. Long-term solvency position of Wesfarmers group is evaluated by calculating the debt equity ratio, leverage ratio and debt to total asset ratio. Debt to equity ratio of group has increased from 0.19 in year 2014 to 0.26 in year 2015 and further to 0.32 in year 2016. An increase in ratio depicts that organization has been relying increasingly on dent for financing their assets. Debt to total assets has increased from 0.34, 0.38 and 0.43 in year 2014, 2015 and 2016 respectively. Increase in ratio is not considered favorable for organization as they are relying more on debt for asset financing. Leverage ratio has decreased from 1.89 in year 2014 to 1.29 in year 2016. Lower ratio is indicative of the fact that organization has not been aggressively financing its growth with debt. Market based ratio is analyzed using price earnings ratio, dividend yield and earning yield. Price earnings ratio of group has initially decreased and subsequently increased from 0.148 in year 2014 to 1.07 in year 2016. There has been considerable decline in earning yield and substantial increase in dividend yield. Short-term solvency position of organization is analyzed by calculating current ratio, quick ratio and operating cash flow ratio (Nobes 2014). Current ratio of group has remained constant at 0.93 for two consecutive year and quick ratio has continuously declining. Quick ratio has decreased from 0.48 in year 2014 to 0.33 in year 2016. This is indicative of the fact that organization has not been efficiently utilizing current assets for meeting their short-term obligations. Operating cash flow ratio has declined from .38 in year 2015 to 0.33 in year 2014 respectively. Lower cash flow ratio is not a good indicator of financial health of company, as sufficient cash flow is not generated from operating activities (Bhandari and Adams 2017). Efficiency position of Wesfarmers limited is analyzed by calculating inventory turnover and accounts receivable turnover ratio. Accounts receivable turnover ratio has increased significantly from 15.33 in year 2014 to 21.34 in year 2016 respectively. This indicates that organization is employing tighter credit policy and has a number of high quality customers. References: Bhandari, S.B. and Adams, M.T., 2017. On the Definition, Measurement, and Use of the Free Cash Flow Concept in Financial Reporting and Analysis: A Review and Recommendations. Journal of Accounting and Finance, 17(1), p.11. Bonsall, S.B., Leone, A.J., Miller, B.P. and Rennekamp, K., 2017. A plain English measure of financial reporting readability. Journal of Accounting and Economics, 63(2), pp.329-357. Chen, J.V. and Li, F., 2015. Discussion of Textual analysis and international financial reporting: Large sample evidence. Journal of Accounting and Economics, 60(2), pp.181-186. Elumilade, D.O. and Ishola, S.O., 2014. Financial Reporting and Analysis of Group and Separate Entities: IFRS Edition. Gigler, F., Kanodia, C., Sapra, H. and Venugopalan, R., 2014. 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