Shakespeares Othello - There Would be No Othello Without Iago Essay

There would be No Othello without Iago     Despite the fact that the name of the play composed by William Shakespeare is classified Othello, the character Othello isn't the primary character, but instead Iago is. Iago is the character who drives the play, he is the person who gets things going. Without his avarice and abhorred, there would be no play by any means. The entire play is based on Iago's retribution and in doing as such, he is eager to make others' lives hopeless. Through Othello, Iago utilizes different characters to retaliate for an inappropriate doings which Othello has perpetrated upon him, and will go to any way to do as such.            The play begins with Iago not achieving the position he needed from Othello, but instead the position was given to Cassio, who in Iago's psyche is inadequate for the activity. This is the place Iago begins to turn his trap of annihilation. Iago loathes Othello with an energy, and in his heart he really accepts that Othello has laid down with his better half Emilia. I loathe the Moor, and it is abroad that 'twixt my sheets 'has done my office Othello. Act I. iii. 429-431. Being set aside for the lieutenant position made him significantly progressively distraught. He at that point settled on an arrangement and made full move upon it to manhandle Othello's ear that he (Cassio) is excessively acquainted with his (Othello's) spouse Othello. Act I. iii. 438-439.            Roderigo was Iago's manikin. He thought everything that Iago let him know and consistently did as he stated, which at long last got him slaughtered. Through the play one ponders regularly why Roderigo continues following Iago's requests, and it was on the grounds that he really adored Desdemona. He was eager to slaughter himself in the event that he was unable to have her I... ...sp;    Every individual that interacted with Iago wound up dead or injured here and there. Iago controlled everybody he knew for his own methods. At long last he got all that he needed. He sought retribution on Othello and wound up executing three individuals and truly injuring one individual all the while. One of the individuals who kicked the bucket was his own significant other, however he could have thought less about that as long as he succeeded. In the event that Iago was nowhere to be found and didn't convey with him the ill will, scorn, voracity, and self-centeredness, none of those hostile things would have occurred, however at that point, there wouldn't be a play either. Terrible characters are required in plays and throughout everyday life. On the off chance that we generally got what we needed and terrible things never occurred, at that point life would be exhausting. Iago tormented and messed with Othello's psyche, and he delighted in this e normously, it was his objective and he accomplished it.  

Risk Management of Musculoskeletal Disorders Construction Industry

Question: Portray about the Risk Management of Musculoskeletal Disorders for Construction Industry. Answer: Presentation Hazard the board of MSDs is one of the significant worries for businesses inside Australia as they keep confronting a high number of remuneration claims from influenced laborers. The development business is one of the areas that face a high number of MSD cases because of the physical idea of the assignments did by laborers. The Australian government has set up various systems to guarantee that there are both long haul and transient measures, which will viably bring down the instances of MSDs to globally acknowledged gauges. These systems are remembered for the Australian Work Safety and Health Strategy for 2012-2022, and comprise of set focuses to be accomplished before the finish of the period. These, objectives incorporate designs to lessen paces of pay claims identified with injury fatalities and MSDs. This report will likewise incorporate a writing audit on the hazard the board of MSDs and a survey of the AS/NZS ISO 31000:2009 standard system, standards and techniques for legitim ate hazard the board. The report will additionally give proposals on measures to the executives of MSDs in the development business. A Review The Safe Work Australia 2012-22 Strategy: Performance Targets For Musculoskeletal Disorders The Safe Work Australia 2012-22 Strategy includes the plans set out to guarantee that before the finish of 2022, there will be lower frequencies of passings, wounds and ailments identified with work forms inside Australia and its whole region. This is incorporated in the Australian Work Health and Safety Strategy 20122022. The technique was shown up at in the wake of inspecting the National OHS Strategy because of the need to give reasonable consideration on improving key zones in word related wellbeing. Notwithstanding the upgrades in the work wellbeing and security division, information on OHS by 2012 demonstrated that averagely over 250 laborers in Australian regions kicked the bucket from wounds continued while at work every year. A gauge of over 2000 laborers kicked the bucket because of business related sickness yearly. Between the year 2009 and 2010, an aggregate of 640 000 laborers had been to have encountered business related wounds or potentially sickness. Inside a similar period, around 303 000 laborers got made up for at least one injury/ailment. The all out expense of these work environment injury and diseases to the economy of Australia during the money related year (2008-2009), had been $60.6 billion. The cost spoke to an entire 4.8% of the GDP of Australia. Financial expenses realized by the business related wounds, disease and furthermore demise had been altogether borne by laborers, families, the network and the businesses. In such manner, the methodology targets advancing a workplace that is protected and gainful. Essentially alluded to as the Australian Strategy, it is an approach that that includes 4 significant anticipated results; Decreased frequencies of passings, wounds and diseases identified with work forms Decreased danger or potentially chance introduction among laborers Improved control of dangers Improved wellbeing and security framework inside various work environments in all parts of the nation. Explicit Targets of the Australian Strategy Aside from the above focused results, the Australian procedure centers around three fundamental explicit focuses to be accomplished toward the year's end 2022. To begin with, the system focuses to achieve above 20% decrease in injury-related fatalities to the laborers in all working environments. This objective depended on an examination between the Australian casualty rates because of wounds between the year 2008 and 2010, and that of the best performing nations including UK, Sweden and Switzerland. As indicated by the 3-year normal, the Australian casualty rate was at 2.5 fatalities/100 000 workers. The best performing nations referenced had underneath 2.0 fatalities/100000 workers. Along these lines, there is have to decrease further, the fatalities because of wounds by 20% so as to hit beneath 2.0 fatalities/100000 workers. Also, the methodology focuses to accomplish above 30% rates in the decrease of genuine remuneration claims rate for pay among laborers. This objective depends on the consistent decrease of genuine remuneration guarantee rate among laborers as from the year 2009 to 2012. The system demonstrates that guess, for example, pattern in kept up for the remainder of the period, at that point this rate could be brought to 7.9 remuneration claims/1000 specialists continuously 2022. This implies 33% decrease of the genuine cases will have been accomplished. Thirdly, the Australian technique targets accomplishing past 30% decrease in genuine pay guarantee rates among laborers especially because of musculoskeletal issue (MSDs). This objective was additionally founded on the way that on the off chance that the, at that point pattern in 2012 could be kept up with respect to lessening pay claims identified with MSDs, at that point by 2022, the accomplished levels could be 32% lesser than the underlying time frame. Subsequently, by 2022, the pace of remuneration guarantee occurrence identified with MSDs will be 32% not exactly during the periods between 2009-2010 and 20112012. This infers rate pace of cases for pay will be 4.7 cases/1000 specialists in 2022. The significant concern is that the connection between expanded preventive activity on wellbeing and wellbeing and lower business related body wounds may not likely follow this sort of steady decrease design over the long haul. This implies 30% decrease in remunerations asserts on MSD-rel ated condition could be trying to accomplish. Writing Review Dale et al (2014) The creators look at musculoskeletal scatters asserts between floor layers and those among everyone of representatives. In their examination they characterize MSDS as scatters as well as wounds which for the most part influence ordinary body development among individuals through meddling with the working of the musculoskeletal framework. In this diary, the various segments of the musculoskeletal framework influenced by these clutters incorporate the muscles, circles of the spine, tendons, veins and the nerves. MSDs incorporate tendonitis, computerized neuritis, epicondylitis, the degenerative circle sicknesses, herniated as well as cracked plates, hyper-extended tendon, the carpal passage condition, the mechanical back disorder among others. The creators show that there are higher quantities of revealed instances of MSDs among floor layers than among other general working representatives. Salem et al, (2008) These scientists concentrated on how work similarity impacts paces of musculoskeletal issue inside the development business. In the diary, the analysts include diverse business related hazard variables to MSDs, a standard from contradiction of work. The diary underscores that the structure of some random work place like in the development business, decides the turn of events and degree of the MSDs among the laborers. At whatever point laborers submit themselves as well as are compelled to complete assignments that are past their physical abilities with perilous apparatuses, they regularly chance wounds and malady conditions to their musculoskeletal framework. Any assessments that should be possible unbiasedly on such a workstation for the most part show, that the errands did are past the laborers capacities and are contrary. Mathew, L. (2014) Mathew (2014) analyzes how Stress impacts MSDs among laborers in the Indian development ventures in Kerala. The creator demonstrates that activity worry in Construction Company prompting MSDs could be because of high assignment redundancy. A ton of work in the development business for example, includes a ton of cycles that laborers need to make. These dull errands are done every now and again and normally depend on fixed-period creation targets. The work procedure could be hourly or potentially day by day and in this manner, laborers need to guarantee that they make the high number of rounds to finish a specific undertaking. This realizes pressure both truly and inwardly. Employments can be named exceptionally monotonous if each cycle takes under 30 seconds. High reiteration went with other introduction dangers like unbalanced stances bring about the improvement of MSDs among laborers. Liao Chiang (2016) These scientists concentrated on methods of decreasing word related wounds that outcome from in-attentional visual deficiency inside the various regions of the development business. They demonstrate that powerful efforts which structure some portion of ergonomic hazard variables could result from in-consideration among laborers. A ton of errands include overwhelming burdens and hence a high power is applied on the body. So as to effectively lift and move these heaps laborers muscle exertion increments so as to withstand the power. The resultant weakness may persevere and wind up as musculoskeletal issue. Continued unbalanced stances which are likewise dreary apply a great deal of power on the body joints of laborers while over-burdening the body muscles, tendons and ligaments inside the joint under use. Anatomically, body joints are best and effective while working inside the mid-extend joint movement. In the development business, the easygoing specialists make a great deal of high p ower cycles which work the joints past this mid-go in situations where laborers don't focus on wellbeing measures. Accordingly, they increment the danger of supporting musculoskeletal issue around the influenced joints. Konda et al (2016) The three creators concentrated on featuring lethal awful wounds of the mind inside the development business as from the year 2003 to 2010. These scientists draw out a portion of the individual factors that lead to such MSD cases. One of the individual-based hazard factor to getting MSDs incorporates poor work rehearses among laborers particularly in the development and mining ventures. Singular specialists utilize a poor work practice and lifting procedures which acquaint dangers with the improvement of MSDs such blackouts because of falling goals that hit the head. The works on realize preventabl

Break-Even Analysis What, Why, and How

Break-Even Analysis What, Why, and How Break-even analysis, one of the most popular business tools, is used by companies to determine the level of profitability. It provides companies with targets to cover costs and make a profit. It is a comprehensive guide to help set targets in terms of units or revenue. © Shutterstock.com | astephanIn this article, we look at 1) break-even analysis and how it works, 2) application and benefits, and 3) calculations, assumptions, and interpretations.BREAK-EVEN ANALYSIS, AND HOW IT WORKSDefinitionBreak-even analysis is a business tool widely used across all industries to evaluate business performance in terms of costs, since this is a supply-side analysis. Break-even analysis is an important aspect of a good business plan, since it helps the business determine the cost structures, and the number of units that need to be sold in order to cover the cost or make a profit. Break-even analysis is usually done as part of a business plan to see the how practical the business idea is, and whether or not it is worth pursuing. Even after a business has been set-up, break-even analysis can be immensely helpful in the pricing and promotion process, along with cost control.Simply put, break-even point can be determined by calculating the point at which revenue rec eived equals the total costs associated with the production of the goods or services.Break-even Point = Fixed Costs/ (Unit Selling Price Variable Costs)The Concept Behind the AnalysisUsing the above formula, the business can determine how many units it needs to produce in order to break-even. Once the business has reached this point, in sales or units sold, all costs (Fixed and Variable) have been recovered. Beyond this point, every additional unit sold will result in increasing profit for the business. The increase in profit will be by the amount of unit contribution margin, which is the amount of additional revenues that goes towards covering the fixed costs and profit. It can be calculated as follow:Unit Contribution Margin = Sales Price Variable CostsCostsThere are two distinct nature of costs that a business has to incur in its normal operational activities:Fixed CostsThese costs stay the same regardless of how many units the company is producing. These include start-up costs , and other capital expenses which do not have to be paid periodically. Rent, insurance, utility bills and repairs are also considered fixed costs, since variations are minute and the amount does not directly depend on the number of items produced. For example, if a tire manufacturer rents a building at $2000 per month, and decides to produce 100 tires, the fixed cost will be $2000. The amount will stay the same if even there is no activity and zero tires are produced.Variable costsThese costs are directly associated with the number of units produced, and these are recurring in nature, since they have to be paid periodically. As the business produces more and more goods and services, these costs increase proportional. For example, the cost of rubber required to manufacture a tire is $10. If company produces zero tires, the total variable costs comes down to $0 (10*0). On the other hand, if the company produces 500 tires, the total variable costs comes down to $5000 (500*10). These c osts usually include material, labor, direct sales and promotion, storage etc.RevenueRevenue is the money that a business actually receives from its customers for the provisions of goods and services during a particular period. Discounts and deductions have already been adjusted, which means it is the gross income from which various costs are later deducted in order to calculate profit or loss. Total revenue can be calculated by multiplying the price at which goods or services are sold by number units sold.Contribution MarginContribution margin can be calculated by subtracting variable expenses from the revenues. The contribution margin shows how much of the company’s revenues will be contributing towards covering the fixed costs. It can be expressed on per unit basis or for the total amount. It can also be expressed as a percentage of net sales.Two Types of Break-Even Calculations â€" Units and SalesCalculation of Break-even point in unitsBreak-even point is usually calculated in units, which gives the company the number of units it must produce in order to break-even. It can be calculated by dividing contribution margin by total fixed costs:Break-even point (Units) = Fixed Costs/Contribution margin per unitCalculation of Break-even point in sales valueIn the previous example, the break-even point was calculated in terms of number of units. Break-even point can also be calculated in sales value (Dollars). This can be done by dividing company’s total fixed costs by contribution margin ratio.Contribution Margin = Contribution Margin per Unit/Sales Price per UnitORContribution Margin = (Sales Price Variable Costs) /Sales Price per UnitContribution margin, when expressed as percentage of sales is called contribution margin ratio. Example: Calculate contribution margin, total contribution margin and contribution margin ratio using the following information:Price Per Unit$20Units Sold5000Variable Cost Per unit$12SolutionTotal Sales= 5000 × $20 = $100,000Total Variable Cost= 5000 × $12 = $60,000Total Contribution Margin= $100,000 $60,000= $40,000Contribution Margin Per Unit= $40,000 ÷ 5000 = $8CM Ratio= $8/20 = 40%Example:A business has fixed costs of $100,000 per year, while the variable costs are 60% of total sales value. This would mean the contribution margin is 40%, since 100% 60%=40%In order to calculate break-even point in sale:Break-Even Point in Sales = Fixed Costs/contribution margin ratio= $100,000/40%= $ 250,000So, the company needs to sell goods worth $250,000 in order to break-even. Anything beyond this point will constitute as profit, and if the company falls short of this amount, the difference would be loss incurred.APPLICATION AND BENEFITSApplication of Break-even AnalysisCost CalculationBreak-even analysis is widely used to determine the number of units the business needs to sell in order to avoid losses. This calculation requires the business to determine selling price, variable costs and fixed costs. Once these n umbers are determined, it is fairly easy to calculate break-even point in units or sales value.Budgeting and Setting TargetsBreak-even charts and calculation be used for budgeting process, since the business know exactly how many units need to be sold in order to break-even. Moreover, the company is also aware of the profits the company will be able to earn at various points, which can be easily illustrated on a simple break-even chart. This can help business set realistic, achievable targets for itself.Motivational ToolBreak-even analysis also helps to motivate the employees, especially the sales staff, since it clearly shows the profits at various points of sales. The chart clearly shows the impact extra sales would have on the profitability of the company.Margin of SafetyMargin of safety is a tool which complements break-even analysis, since these two tool are interrelated. This concept is used when a major proportion of sales are likely to decline or in period of recession or ec onomic turn down. Managers can better make better production and sales decision if they know the margin of safety for a particular product or service. When the margin of safety is large, the business would want to try new pricing, marketing and take risks hoping to further increase sales and revenues. On the other hand, if the margin of safety is meager, managers are likely not to change anything, since any small change could trigger losses. In such a situation managers would want to reduce costs, so that margin of safety can be increased.The concept of margin of safety might not be useful for businesses with seasonal demand for their products or services, since there will be a lot of variations on monthly basis. The result could be complied for an entire year, so that seasonal fluctuations are removed.Margin of safety can be calculated by subtracting the current break-even point from current sales, and dividing by current level of sales.The formula (Version #1) is:Margin of safety = (Current Sales Level â€" Break-even Point)/Current Sales LevelThere are two ways to calculate margin of safety:If the company wishes to calculate margin of safety for a budgeted, future period, it can replace the current sales level with budgeted sales level.If a business wants to calculate margin of safety  (Version #2) for number of units sold, then instead of current sales level, selling price per unit in the denominator.Margin of safety = (Current Sales Level Break-even Point)/Selling Price per UnitFor example, a business considering expanding its factory. The expansion will increase business’s operating costs by $50,000. The table below shows how the concept of margin of safety can be employed to assess various situations:ExampleUse the following information to calculate margin of safety:Before ExpansionAfter ExpansionSales Price per Unit$50$50Variable Cost per Unit$30$30Total Fixed Cost$10,000$10,000Budgeted Sales$50,000$75,000Solution (Before Expansion)Break-even Sales U nits= $10,000 ÷ ($50 $30)= 500Budgeted Sales Units= $50,000 ÷ $50= 1,000Margin of Safety= (1000 - 500) ÷ 1,000= 50%Solution (After Expansion)Break-even Sales Units= $10,000 ÷ ($50 $30)= 500Budgeted Sales Units= $70,000 ÷ $50= 1,500Margin of Safety= (1500 - 500) ÷ 1,000= 100%The above example shows how an improvement in actual sales improved margin of safety for the business as the sales improved.Cost Control and MonitoringSince costs (Fixed and Variable) affect the profitability of the business directly, the managers can easily see these changes through break-even analysis. This would help them control costs, and make sure that they remain within a given range.Helps devise a pricing strategySelling price is an important determinant of break-even analysis. If managers have access to break-eve charts, they will be able to see the impact, changes in selling price has on the overall profitability. Hence, this tool provides more information for the mangers to make better pricing decision, considering the supply-side of the production process.CALCULATIONS, ASSUMPTIONS AND INTERPRETATIONWorked ExampleFor example, if it costs $50 to produce a tire, and there are fixed costs of $500, the break-even point for selling the widgets would be:If selling for $100: 10 tires (Calculated as 500/ (100-50) =10)If selling for $150: 5 tires (Calculated as 500/ (150-50) =5)As it can be seen from the above example that, higher the selling price of a particular product, the break-even point is lower. One of the major flaws of break-even analysis is that it fails to take into account the demand-side of the business, since looking from a demand-side perceptive it would be easier to sell more units at lower price.Break-even point calculation is a rather simple calculation that can help businesses with forecasting costs and sales. As mentioned earlier, break-even point there is no profit, no loss. Ideally all business owners would want a lower break-even point, since beyond that po int there is profit for the business. The lower limit of profit is the break-even point.Key Assumption â€" Fixed Cost same, Variable Cost and Sales Price are kept constantBreak-even analysis assumes that per unit selling price and variable cost do not change, which is not always the case.Business in order to sell more goods and services often have to reduce prices. Sometimes prices are not in control of the business, since they depend on market conditions and other factors such as government regulation.Variable costs also change as material, labor and other indirect variable expenses could increase or decrease as quantity changes. For Example, Labor rates will increase due to overtime if more units are produced. Other variable cost could also vary with number of units. The break-even analysis also assumes that all units produced are also sold, which is not always the case. This tool fails to take into account the demand-side situation, since not all units produced are sold at the as sumed price.Difficulties And ApplicabilityAnother important aspect of business transaction that is missed in break-even calculation is principal balance of outstanding loans. The interest being paid on all loans should be part of fixed costs, but it is shown as an expense in the profit loss account.Graphical Construction â€" Break-Even DiagramBreak-even diagram (also known as break-even chart, see above) is a line graph used for break-even analysis to determine the break-even point, the point where business will make a profit or loss. Number of units are plotted on the horizontal (X) axis, and total sales/costs are plotted on vertical (Y) axis. Using the diagrammatical method, break-even point can be determined by pinpointing where the two (revenue and total costs) linear lines intersect. The total revenue and total cost lines are linear (straight lines), since prices and variable costs are assumed to be constant per unit. The Break-even diagram can be modified to reflect different situation with various prices and costs. The diagram clearly shows how a change in cost or selling price can impact the overall profitability of the business.In the diagram, the line of fixed cost in horizontal with the x-axis, which means it does not change with the quantity, since even if the output is zero, some costs have to be incurred. The total cost line represents the combined sum of both variable and total cost, since both must be taken into account in order to determine profitability.InterpretationIt is essential that the results from break-even analysis are interpreted correctly and the information is effectively utilized to make better, informed business decisions. For example, if a break-even analysis of a business reveal that 1000 units need to be produced to break-even. The managers need to assess whether or not they will be able to sell 1000 unit within a reasonable period of time given the market condition. Personal expectations and financial situation of the busin ess must also be taken into consideration. If the managers think that 1000 units can only be sold if price is lowered, break-even point should be re-calculated taking into account the change.