Procter & Gamble Financial Analysis Essay Example for Free

Procter Gamble Financial Analysis Essay What began as a small family-run candle and soap business, grew through innovation, creative marketing and partnerships to become the largest consumer goods company in the world. William Procter, emigrating from England, established himself as a candle maker in Cincinnati, which was a busy center of commerce and industry in the early nineteenth century. And James Gamble, arriving from Ireland, apprenticed himself to a soap maker. The two might never have met had they not married sisters Olivia and Elizabeth Norris, whose father convinced his new sons-in-law to become business partners. As a result, in 1837, a bold new enterprise was born: Procter Gamble. William Procter was born in 1801 in England. As a boy, he worked as general store apprentice, learning to â€Å"dip candles† – a skill that would later lead to both fame and fortune. His first entrepreneurial venture, however, met with disaster. The day after opening, his dry goods shop in London was robbed, leaving Procter $8,000 in debt – a huge sum in 1832. Determined to rebuild, he and his wife decided to immigrate to the United States. While traveling down the Ohio River, Mrs. Procter became ill and died a few months after their arrival in Cincinnati. Procter first worked in a bank. He then decided to use his past experience as a candle maker to earn extra income and help pay off his debt. He took advantage of the fat and oil by-products from Cincinnati’s large meatpacking industry. Procter began as a one- person operation – manufacturing, selling and delivering candles to his customers in the area. During this time, he also met and proposed to Olivia Norris, the daughter of a prominent candle maker in town, Alexander Norris. Meanwhile, James Gamble was born in 1803, in Ireland. He immigrated with his family to America in 1819 as part of a mass exodus from Northern Ireland. They were headed for Illinois, but during the trip, James Gamble, then 16, became violently ill; his parents took him ashore in Cincinnati. By the time James recovered, the family had decided to stay. At 18, James began an apprenticeship with a local soap maker, then years later, opened his own soap and candle shop with a friend. Before long, Gamble met and married Elizabeth Ann Norris, the second daughter of Alexander Norris. The business began during nationwide panic and depression. But the struggling young firm survived. Cincinnati proved a sound business base because as a meat packing center, it offered plenty of fat and oil for soap and candle making. †¢The Procters’ eldest son, William A. Procter, was the first PG President in 1890. †¢Son Harley T. was the company’s first Advertising and Sales Manager. He named Ivory Soap. †¢The Gamble’s eldest son, James N. Gamble, invented Ivory Soap and founded the first laboratory in PG history.

Human Trafficking Essay -- Ethical Issues, Gang, Mafia

"An ounce of cocaine, wholesale: $1 ,200. You can sell it only once. A woman or child is $50 to $1,000 but you can sell her each day, every day, over and over and over again. The markup is immeasurable." (Human Trafficking) says David Sutherland who plays Bill Meechan an ICE agent in Lifetime's movie Human Trafficking. The buying and selling of humans is an age old issue that has dated as far back as 1750 B.C. Although slavery is illegal in the United States, we still see it happening in our own towns and cities all through America. Each year there are over 20,000 woman and children illegally imported across the United States borders for domestic and sex slavery. Laws, some new, and many that have been around for hundreds of years, have been passed and approved by congress to protect our natural rights. In order to alleviate instances of human trafficking and sex slavery, society as a whole must demand that government be harsher, more diplomatic and aggressive to fight this "special evil" (Landesman 1), as President Bush referred to it. There needs to be more money in the hands of immigration and naturalization to control our borders better, and more government funding in education to raise awareness of human trafficking for our own protection and for the protection of individuals Kevin Bales, President of Free the Slaves (a nonprofit organization to support the victims of human trafficking) estimates that today there are over 20,000 women and children annually trafficked across United States borders. It is said that at any given time there are an estimated 30,000-50,000 people being held in captivity in the United States (Landesman 4). The women and children that are bound into this sick and tw... ...nd children trafficked across the world. At any given time there are over 30,000 victims of this "special evil". Just the amount of women stuck in captivity within the United States is more than the amount trafficked worldwide. This is an unbelievable problem socially, economically, and morally. These women are tortured, mentally and physically, daily for as long as they can last in this entrapment. Each year there is an Mease 8 -", estimated 7 billion dollars earned in shadow market. This money is used for drugs, gangs, mafia, violence, and other types of domestic slavery. AIDS and many other diseases are also spread because of this issue. There is absolutely nothing positive that could ever come from human trafficking. Together citizens and authorities of government can combat this problem with the tools of education and government funding.

Improving Study Habits Essay

â€Å"The greatest time saver is being organized. Establish routines that go like clockwork.† Maximizing time makes an individual productive. Personal time management is organizing and managing according to personal priorities, to get where one wants to go. Those who use this technique are the highest achievers in all walks of life. The interesting and essential step in beginning to manage time more effectively is to identify how time is being spent, because only through examining, one can begin to set priorities, eliminate time barriers and aids to better time management. In the course of Bachelor of Science in Psychology, students need to learn many skills that are needed in practicing the actual profession. Psychology students have so many academic requirements to prioritize, but they also have extra-curricular that are important as well, and they always need to cope with time pressure. College is an entirely different situation than high school. Classes consist of far fewer grades, but they are worth it when you are done. Do not tell yourself, â€Å"I’ll read the assignment later,† because often times you merely end up cramming right before the test; research indicates that cramming is not the best (nor is it the worst) method of studying. At first, different factors can affect the academic performance of a students in order to achieve success, going through the steps are necessary. It should provide time for students to review activities and prevent too many errors that results to unaccomplished tasks or tasks that are accomplished, but after several attempts to do so. It reduces avoidance and welcomes other opportunities that could help in preparing for other tasks. This study will contribute to the perception of the future psychology students in prioritizing the academic activities and requirements in terms of importance and urgency. The researchers conducted a survey regarding the said topic at Centro Escolar University among the second year psychology students. The purpose of this study is to identify the factors affecting the study habits and the effects to academic performance on psychology students’ particularly in the second year level. Habits (or wonts) are routines of behavior that are repeated regularly and tend to occur subconsciously or â€Å"A habit, from the standpoint of psychology, is a more or less fixed way of thinking, willing, or feeling acquired through previous repetition of a mental experience.† As behaviors are repeated in a consistent context, there is an incremental increase in the link between the context and the action. This increases the automaticity of the behavior in that context. Features of an automatic behavior are all or some of: efficiency, lack of awareness, unintentionally, and uncontrollability. And a bad habit is an undesirable behavior pattern. Anyone interested in getting better results, becoming more productive and ultimately more successful should probably take an honest look at the problem of procrastination. Most people think procrastination is just an issue that involves putting things off that can be done later without much of a penalty. But if procrastination will become your habit especially in your study what would be the effect of it in your academic performances? Statement of the problem. 1. What are the bad habits/behavior/attitude toward the respondent’s subjects? Ans. Gagawin pa yang sentence. Lack of interest in the subject area, Unable to set priorities (extra curricular activities, entertainment, etc.), Lack of prerequisites for success in the current subject area, Unstable home life ability to concentrate, lack of interest or motivation to succeed, procrastinating, habitual lateness, overextension, Inability to Prioritize, Negative Mindset and Fear of Failure 2. Does the negative attitudes and habits of psychology students affect their academic performances? 3. The reasons why they act/behave that way. Gagamitan naten to ng theories ha :†) at d pa to tapos. Lack of Focus, Family problems, social lives (including texting, IM’ing, etc.), outside distractions (phone, music, TV),

Communist Manifesto Essay - 1230 Words

Karl Marx in his â€Å"Communist Manifesto† states that the wage gap will eventually result in revolutions of working class across the world, and consequently difference in classes will be vanished. Whereas, Robert Reich in â€Å"Why the Rich are Getting Richer and the Poor, Poorer† argues that American strategy of economic development, which is based on expansion of the production, will lead to collapse of American economy. Though, the poor people will suffer of various deprivations, wealthy people will be putted into even more unenviable situation in both cases. Moreover, scenario given by Marx in his work proposes the worst position for the rich people than Reich describes. First of all, the equal situations illustrated by both authors are†¦show more content†¦Firstly, only rich men living in America will encounter such issue, so the fellow rich men in different places of the World will become wealthier, using American goods. Secondly, wealthy people, who will be smart enough to predict imminent crash of the USA, will always have enough time to immigrate to different, successful country with all the accumulations and consequently remain rich. In addition, there will be another type of suffered rich people; they are the children of those rich men who spent all their capital to lengthen their life via expensive medical solutions (Reich, p.25). As for them, they will either be born poor already or during the childhood they will observe how their parents were wasting their money for meaningless medical support, but in both examples, they would not have enough time to accustom to rich life. So their loss will not be significant, also that situation could be easily avoided by proper management of finances. This way, according to Reich, wealthy people will not get doomed in such case. Whereas, Marx describes revolutionary seizure of power by working class and disposing the ruling class for the sake of one equal society, as a consequence of wage gap. Marx claims that in his times, there actually were only two classes in society. One is the proletariat, â€Å"a class of laborers who live only so long as they find work, and who find work only so long as their labor increases capital† (Marx, p.36).Show MoreRelatedEssay on The Communist Manifesto672 Words   |  3 PagesThe Communist Manifesto nbsp;nbsp;nbsp;nbsp;nbsp;Marx describes the problem in great detail in the first chapter. He feels there is a problem between the bourgeoisie and the proletarians. The bourgeoisie were the oppressed class before the French Revolution and he argues that they are now the oppressors. The proletarians are the new working class, which works in the large factory and industries. 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