Self Esteem - 1583 Words

Self-Esteem is a personal judgment of ones worth and the satisfaction or dissatisfaction with ones own self. By this definition Self-Esteem is how each individual person views them selves as a person both mentality and physically. According to William James, the American psychologist, self esteem involves only one mental perception of the own qualities and their physical. Self esteem plays an important role of who people are and starts at a very young age. There are both positives and negative cycles of self esteem. Self esteem is the one of the most important aspects in psychology because it can either give confidence or accept defeat. William James introduced self esteem during his later years has a psychologist, to which a†¦show more content†¦The feedback given to us can also bring family and friends closer to you because you are asking for their input, however because self esteem is a personal judgment, you may need to take feedback with a grain of salt. Self esteem als o has two interrelated components self efficacy, and self respect. Self efficacy is described as an individuals perception of how effective behavior will be in any particular circumstance. (Ciccarelli G-16) Self respect is described as a sense of ones own dignity or worth. Self efficacy can determine whether or not a person will accept a challenge or bow down in avoidance. Self respect will either raise or plummet because of efficacy. The concept of self-efficacy is the focal point of Albert Banduras social cognitive theory. By means of the self-system, individuals exercise control over their thoughts, feelings and actions. Among the beliefs with which an individual evaluates the control over his/her actions and environment, self-efficacy beliefs are the most influential arbiter of human activity. Self-efficacy Ââ€" the belief in ones capabilities to organize and execute the courses of action required to produce given attainments Ââ€" is constructed on the basis of the four most i nfluential sources: enactive attainment, vicarious experience, verbal persuasion and physiological as well as emotional factors. Self-efficacy plays the central roleShow MoreRelatedSelf Esteem And Self-Esteem832 Words   |  4 Pagesoneself is self-esteem. Self esteem or â€Å"confidence in ones own worth or abilities; self-respect† (Merriam-Webster) can be portrayed in two different ways. The first way is having a habit of negative thinking about oneself which is low self-esteem, and the second way is high self-esteem made from positive thoughts. Positive self esteem allows people to have strength and flexibility to take charge of ones life and grow from ones mistakes without fear of rejection. However, low self esteem is a conditionRead MoreSelf-Esteem And Self Esteem950 Words   |  4 PagesA bullied student’s self-esteem can be defined as the belief of who they are as a person. Bullied students’ self-esteem can be threatened when confronted with another s tudent that’s bullying them. Students that are being bullied tend to have low self-esteem about who they are as an individual (Raskauskas, Rubiano, Offen, Wayland, 2015). This is a time where students tend to lack confidence in who they are which will cause them to have a negative outlook as it pertains to being bullied and otherRead MoreAdolescent Esteem And Self Esteem1671 Words   |  7 Pages 98,100). They may even be more likely to commit mass shootings (p. 99). Narcissism can be defined as excessively high self-esteem (Twenge, 2014, p. 92). What has caused high rates of narcissism in Generation Me? There is a multitude of factors, but most prominent are the deterioration of community values, childhood self-esteem boosting, and our society’s fear of low self-esteem. The first step in solving this issue is helping raise awareness that it is an issue. Most often narcissism is seen asRead MoreSelf Reflection : Self Esteem956 Words   |  4 PagesSelf-esteem is the comprehension of self-acknowledgement from the self and from others. Factors contributing to overall self-esteem includes; Self-worth, Self- tolerance and belief in oneself. (SOURCE4) Self-esteem is thought to begin as early as life and continue throughout existence with various changes as age progresses. (SOURCE#2) A sense of self-esteem outside of the norm can lead to problematic life occurrences. Both high and low self-perception can intervene with everyday life. People withRead MoreThe Importance Of Self And Self Esteem861 Words   |  4 Pagesespecially those at a young age to begin to develop self-doubt when receiving so much new information. A positive self-belief system can play a major role in the perception of the child. It is very important to establish a sense of self-estee m and self-efficacy at a young age, because it becomes increasingly easier to branch out of one’s comforts zone to acquire the information needed to develop their knowledge and skill-sets. Self-Esteem Self-Esteem is the accumulation of â€Å"beliefs about his or herRead MoreSelf Esteem And Self Image1603 Words   |  7 Pagesdiscussing issues relating to self-esteem and self-image. I would like to consciously bring some well needed positivity to the group. Additionally, over the last week I have been working on a paper with which I need to take a nonfictional person [Elliott Smith] and create a biopsychosocial, diagnostic and clinical assessments and apply counseling theory approaches to that individual s life. In fact. I will be using one of his songs to demonstrate examples of low self-esteem. The majority of the 102Read MoreSelf Concept And Self Esteem2181 Words   |  9 PagesSelf-concept is an individual’s belief about him/herself, including the person’s attributes and who and what the self is (Baumeister, 2000). Carl Rodgers (1959) theorizes that the self-concept has three components: self-image, self-esteem and ideal self. Self-image is affected by external forces such as parental influences, friends, and the media, and is the view a person has of themselves (McLeod, 2008). Self-Esteem is how much a person likes, accepts, approves or values themselves and involvesRead MoreSelf Esteem Essay718 Words   |  3 Pag esCan self-esteem really engender success, or does it induce the well-being of individuals? By success, I mean academic achievement and a college degree. Self-esteem is crucial to the well-being and happiness of individuals. However, too much self-esteem makes people become narcissistic, which is destructive and superfluous to becoming successful. Therefore, self-esteem cannot engender success, which is corroborated with the self-esteem movement, but it can cause the well-being of individuals. TheRead MoreThe Identification Of Self Esteem1260 Words   |  6 PagesStates 85% of people suffer from low self-esteem. This means that many of us are consumed by fear of failure, fail more often than not, tend to procrastinate, feel unfulfilled, frustrated, angry, unloved, unlovable, nervous or shy, are indecisive, suffer from many other uncomfortable feelings that prevent us from our realizing full potential. In order to cure this illness, we must first know the cause and where it originated. The identification of self-esteem as a part of psychology thought to haveRead More Self-Esteem Essay1122 Words   |  5 Pagesknown as: self-presentation. A great deal of human behaviour is, in part, determined or constrained by people’s concerns with others’ impressions and evaluations of them. Because all human beings are different from one another, the thought process used which results in the self-presentation of a person will also differ from person to person. In this case the potential factor effecting the self-presentation of an individual is that of the self-esteem of the individual. Self–esteem being: â€Å" An

Continuing The Greater Co Prosperity Sphere Through Oil...

Continuing the Greater Co-Prosperity Sphere Through Oil Independence 1. Addressing the Problem: Due to the Japanese presence in China during the late 1930s and early 1940s, the United States embargoed oil exports to Japan as a punishment for interfering with the open trade policy in China. This embargo was detrimental to the Japanese supply because Japan depended on the US for 80% of its imported oil. The Japanese also had no significant natural sources of oil in its possession. Therefore, the oil problem became a crisis as military demands quickly drained Japanese stockpiles. The Japanese needed to find oil to support its larger dream of establishing the Greater Co-Prosperity Sphere (GCPS). The reference point of the Japanese decision†¦show more content†¦Nonetheless, Japanese leadership overwhelmingly agreed that the first choice was incompatible with GCPS and was therefore not a choice to consider. 2. The Alternative Approach: A more effective approach would have been to appease the Americans in the short-term, while additionally searching for and quickly mobilizing other sources of oil in order to reduce dependence on the US. This two-step approach would have been more effective in pursuing the Japanese’s GCPS because the short-term setback would have allowed for the long-term survival of Japan’s plan to become a regional great power. By taking the admittedly high-risk route of attacking Pearl Harbor, the Japanese significantly constricted the GCPS’s chances of survival. In order to obtain vital amounts of oil for the continuation of Japanese military power, appeasing the Americans by letting go of China for the time being would have allowed the GCPS to survive another day and to continue once the country had obtained its own independent source of oil. a. Appeasing the Americans and Receiving Oil Diplomatically The appeasement of the Americans would have been feasible with some flexibility and long-term thinking. Appeasement of the Americans would have required the Japanese to â€Å"abandon all, or at least half, of China,† according to Matsuoka Yosuke, an aggressive pro-expansionist advisor who was the leading advocate for theShow MoreRelatedAmerican Foreign Policy During the Interwar Period. in This Essay, One Should Address the Following:2094 Words   |  9 Pagesthe Second World War and the American response to this war. 3. The reasons for US entry into the Second World War. Early on American foreign policy was shaped by President Wilson’s rejection of internationalism following WWI. Also the continuing quest for economic expansion by American business. President Harding had dismissed America’s role in the League of Nations and refused the Treaty of Versailles. 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Financial Performance EasyJet Plc Vs Flybe Group Plc - Sample

Question: Discuss about theFinancial Performance of EasyJet Plc Vs Flybe Group Plc. Answer: Introduction Easyjet and Flybe Plc are both airline companies based in UK. The report aims to compare the financial performance of the two companies for the year 2014-2015 using tools like ratio analysis. The annual report of both the companies was used to do the financial analysis and comment on the performance. This report would be useful to various stakeholders like investors, creditors and management. Even though the report captures most of the events of both companies for the said financial year, yet the stakeholders may completely be not dependent on the report alone for their decisions as the report possesses some limitations with respect to qualitative factors which have not been taken into consideration. Easyjet is the second largest airline that operates in Europe. The company has a fleet of 241 aircrafts and operates on 735 routes.(yahoo. Finance, 2016). The company is known for providing affordable flying for short haul distance. Other than flying the passengers, it also engages in leasing and trading of aircrafts. The airline is also a provider of graphic design services. The company is headquartered in Luton, UK. Flybe Plc is also a provider of airline services. The company carries its operations through two segments Flybe UK and Flybe Aviation services. The Flybe UK segements offers passengers transportation services in the United Kingdom and also passengers transportation services from UK to the rest of Europe. The company has a fleet of 74 aircrafts. (yahoo.finance, 2016). The Flybe Aviation services indulges in providing aviation services like repair and maintenance, services to third party customers and overhaul services in Western Europe. The company is based in Exeter, UK. Financial Statement Analysis The financial analysis of a company can be carried with the help of ratios. A comparison of the above two companies for the year 2014-2015 has been done. The ratios can be dividend into five categories i.e. profitability, liquidity, capital structure, efficiency and market performance. Profitability Easyjet Plc Flybe Plc Particulars 2014 2015 2014 2015 Operating profit margin 12.8% 14.7% 0.2% -2.2% Net profit margin 9.9% 11.7% 1.3% -6.2% Return on assets 13.0% 14.3% 0.2% -2.3% Return on equity 20.7% 24.4% 4.1% -25.5% (Easyjet, 2015) (Flybe, 2015) Easyjet has an increasing trend in all the profitability ratios. The companys operating profit margin has increased to 14.7% in 2015. This is mainly due to an increase in revenue by 3.5% in 2015. The increase in revenue is on account of increase in passenger volumes and increase in price. The airline majorly operates in Western and Northern Europe which has a strong demand for airline given its rich and need based customers. With a strong economic growth, the demand for both personal and business travel increased resulting in higher revenue. Also due to its quality service and network, the airline has loyal customers. Another reason is a fall in operating costs due to a fall in fuel price which is the major cost contributor. Even the currency was stable resulting in low costs. Even though other cost pressures, the company mitigated the same with its previous savings. The return on asset increased by 1.3%. The total assets have increased in plant equipment as the company acquired 20 aircrafts in 2015 as part of its strategy to increase the network. Even though the total assets have increased, still there in an increase in the return due to an increased EBIT more than the increase in assets. The return on equity has increased by 4% as the profits available to shareholders have increased with no change in share capital. Flybe Plc has had a bad year in 2015. The company profits have turned into losses. This is as a result of a fall in revenue and an increase in costs. The company undertook a turnaround strategy in 2013 where it decided to become a regional airline as a result of which it has changed its fleet of aircrafts from expensive E-jets to more reasonable turboprops. The revenue fell in 2015 due to a fall in capacity. The cost has increased manifold including reasons like loan revaluation loss of 10 million, loss on discontinued operations of the Finland joint venture. The company still has 7 E-jets to be divested which have huge maintenance costs, thus draining the profits. The company has not been able to cash on the falling fuel prices as the fuel price is forward hedged by Flybe, thus current low prices do not impact them. Therefore all above reasons led to incurring losses for the company in 2015. The return on assets and return on equity have reduced significantly mainly due to falling p rofits. both total assets and equity have not changed much. Easyjet has a higher profitability as compared to Flybe. Liquidity Easyjet Plc Flybe Plc Particulars 2014 2015 2014 2015 Current ratio 0.89 0.72 1.41 1.20 (Easyjet, 2015) (Flybe, 2015) The current ratio of Easyjet has decreased in 2015 signifying low liquidity. Moreover the ratio is less than 1 which means the current assets are not sufficient to pay for the companys current obligations. The companys payables are much higher than its receivables and also it has increased borrowings in 2015 along with derivative financial instruments. Flybe has a reasonable liquidity above 1 in both the years. The current ratio has decreased in 2015 as the liabilities have increased whereas the current assets have not increased in the same proportion. Flybe has better short term liquidity. Efficiency Ratios Easyjet Plc Flybe Plc Particulars 2014 2015 2014 2015 Receivables turnover 22.6 22.7 7.2 5.8 Total asset turnover 1.01 0.97 1.13 1.03 (Easyjet, 2015) (Flybe, 2015) Easyjet has a impressive receivables turnover ratio which means the company is efficient in collecting its receivables on time and thus will not face any cash crunch. The company has a positive cash flow in 2015. The total assets turnover is equal to 1 has decreased further in 2015 which means the efficiency with which the assets are being used to generate sales has reduced. FLybe has a very low receivables turnover because receivables have increased and sales have decreased. This shows inefficient working capital management. However, the company has a better assets turnover ratio. Flybe is efficiently utilizing its assets to generate sales whereas Easyjet has a better working capital management. Capital Structure Easyjet Plc Flybe Plc Particulars 2014 2015 2014 2015 Debt ratio 0.52 0.53 0.65 0.75 Debt to equity ratio 1.1 1.1 1.8 3.0 (Easyjet, 2015) (Flybe, 2015) Easyjet has a low debt ratio which has remained unchanged in 2015. The company has low gearing with lower cost of funding and a higher operational flexibility. The company has a capital structure where equity and debt are in equal proportions. This makes the company less risky. Flybe has a higher debt and debt to equity ratio which means it has a riskier capital structure where there is more debt than owners funds in the companys funding. The debt ratio has increased in 2015 due to a higher increase in total liabilities than an increase in total assets. Most of companys assets have been financed through debt. The debt equity ratio has increased considerably from 1.8 to 3, this is because of a decrease in equity and an increase in total liabilities. There is no change in share capital; however the equity has decreased due an increase in deficit in retained earnings as the company is incurring consecutive losses in these years. Easyjet has a more stable capital structure. Market Performance Easyjet Plc Flybe Plc Particulars 2014 2015 2014 2015 EPS 114.5 139.1 10.2 -10.93 Dividend yield 3.42 3.06 0 0 Price/earnings ratio 12.43 12.77 12.89 -5.31 (LSE, 2016) The EPS of Easyjet has increased in 2015 due to an increase in return available for shareholders as there is no change in the issued capital. The dividend yield has remained more or less the same which means the company has a stable dividend payment policy. The company has an increasing PE ratio of 12.5 approx. This means the share price of the company has increased more than the increase in EPS. This shows positive sentiments of investors with respect to the shares of Easyjet making them a valuable investment. The increasing profit margins year on year have led to increase on the share price making it a sought after investment. Flybes EPS has become negative in 2015 due to losses incurred. There is no change in the share capital. The company has not paid dividends in the last two years, hence the dividend yield is 0 for both the years. The company has a good PE ratio in 2014 but the ratio has become negative in 2015 due to losses incurred which have resulted in a negative EPS. The companys share price has fallen to its lowest in 2015-16. (Strang, 2016). As a result the PE ratio has also fallen. Easyjet has a way better market performance even in a tough environment in the UK as a result of the Brexit vote. All airlines have suffered but since Easyjet is a strong competitor, the companys profits have fallen only to some extent in 2016. The market performance of Flybe is very poor with negative returns. However, since the company has completed the three year transformation strategy in 2016, it has become profit making from a loss making airline. The market sentiments are still negative. Performance Factors There may be various performance factors which may be taken into consideration to assess the overall performance of the airline. Easyjet Plc The financial performance of the company has been good in both 2014 and 2015. Other factors which have affected the companys performance are discussed below: a) Disruption in operations there was a disruption in operations in the year 2015 due to French ATC strike in April and a fire broke out at the Rome Fiumicino airport. As a result of this, the flights got delayed and caused inconvenience to the customers resulting in low customer satisfaction. (BBC, 2015) b) Constant currency there was a fall in the price of fuel during 2015 as a result of constant currency. The fall in fuel prices led to a decrease in operating costs and thus the profit margins of the company increased. Flybe Plc a) Three year transformation program The new CEO Saad Hammad in 2013, introduced a new transformation strategy for the company. The aim of the strategy was to place Flybe as a regional airline. As a result of this, the company has replaced its E-jets with turboprops. The company has been able to replace all its E-jets except seven ones remaining which are a big drain on profits, thus reducing the profits. The company has also recruited new employees in the company. Though the current financial performance of the company has been hindered, but it is believed that the company is now better aligned to its strategic objectives. (Flybe, 2015) b) Forward hedging the fuel prices have gone down but the company did not benefit from that because it has forward hedging on oil prices and as such the benefits will be achieved in the future. Thus the operating costs have increased. (Flybe, 2015) Conclusion From the above discussion, we see that Easyjet has a better overall financial performance as compared to Flybe group. From the investor point of view, Easyjet has a better profitability and market performance and a stable dividend payment policy thus maximizing returns for the shareholders. Flybe is not an attractive option for a potential investor as the company is making losses and has more debts than equity. The market performance is poor. From the creditor point of view, Easyjet has a better stability as it has a stable capital structure as compared to Flybe. From management point of view, efficiency ratios and liquidity ratios are important. Flybe has a better working capital management which means that the company may be on the right path to achieving its objectives as per its strategy. Easyjet has low liquidity. References EasyJet Plc, (2015), How 20 Years Have Flown, EasyJet Plc Annual Report and Accounts Flybe Plc, (2015), Continuing Our Transformation, Flybe Group Plc Annual Report 2014/15 Strang, A., (2016), Can This Share Avoid a Crash Landing, accessed online on 16th November, 2016, available at https://www.iii.co.uk/articles/365755/can-share-avoid-crash-landing?context=LSE:FLYB BBC, (2015), Chaos at Rome Fiumicino Airport after Terminal Fire, accessed online on 16th November, 2016, available at, https://www.bbc.com/news/world-europe-32622652 Yahoo.finance, (2016),Easyjet Plc (EZJ.L), accessed online on 16th November, 2016, available at https://uk.finance.yahoo.com/q/pr?s=EZJ.L Yahoo.finance,(2016) Flybe Group Plc(FLYB.L), accessed online on 16th November, 2016, available at https://finance.yahoo.com/quote/FLYB.L/profile?p=FLYB.L LSE, (2016), FLYBE GROUP PLC ORD 1P, accessed online on 16th November, 2016, available at https://www.londonstockexchange.com/exchange/prices/stocks/summary/fundamentals.html?fourWayKey=GB00B4QMVR10GBGBXSSMM LSE, (2016), EASYJET PLC ORD 27 2/7P, accessed online on 16th November, 2016, available at https://www.londonstockexchange.com/exchange/prices/stocks/summary/fundamentals.html?fourWayKey=GB00B7KR2P84GBGBXSET1

Yield to Maturity Essay Example

Yield to Maturity Essay In economics yield to mature is the internal rate of return from the flows of cash of fixed income security, especially from bonds. Yield is paid if the bonds or other securities are to be held until their maturity. Yield to maturity is a measurement of the return from the bonds. Yield to maturity gives investors the opportunity to calculate the fair value of financial instruments. Yield to maturity applies exactly to a zero coupon bond. The reason is that this bond has no interest to be reinvested. (Yield to Maturity) Yield to maturity assumes that all interests and dividends are reinvested. It takes also into account losses and gains in case of difference between the purchase and redemption price. Economists say that yield to maturity is a projection of future performance, because yield to maturity has to assume a reinvestment and the rate of yield to maturity itself. In other words, yield to maturity â€Å"an implicit function that can only be evaluated by the method of successive approximations†. To achieve the quoted yield to maturity is easy when a zero coupon bond is to be help until maturity. Yield to maturity is mostly quoted in terms of â€Å"bond-equivalent yield†. (Yield to Maturity) We will write a custom essay sample on Yield to Maturity specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Yield to Maturity specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Yield to Maturity specifically for you FOR ONLY $16.38 $13.9/page Hire Writer For example, let’s consider a zero coupon bond that is 30 years. Its face value would be $100. The bond would cost $5.73 today if it is priced at a yield to maturity of 10%. The annualized return would be 10% over the thirty years, because the price would advance to $100. Let’s suppose that during first 10 years the interest rates would decline. In the result the yield to maturity would fall to 7%. After 20 years of maturity the bond price would be $25.84. Nevertheless even in such situation the yield to maturity for bond would be just 7%. The bargained yield to maturity for the moment of bond buying was 10%, the earned return over the 10 years would be 16.26%. But it doesn’t mean that the bond holder will earn 16.26 annually over the remaining 20 years. His annual income would be only 7%. It will be found that over the 30 years period the annual return would be 10%. (Bond Yield to Maturity) References â€Å"Yield to Maturity: Definition†. (2005). Retrieved September, 17, from investorwords.com.