Social System - Definition in the Study of Sociology

Definition: A social system is an interdependent set of cultural and structural elements that can be thought of as a unit. The concept of a social system embodies one of the most important sociological principles: that the whole is more than the sum of its parts. Examples: If we have two sticks of wood and joint them together to form a Christian cross, no amount of understanding of the sticks themselves can fully account for our perception of the cross as a particular arrangement of sticks in relation to each other. It is the arrangement of the parts that makes the whole what it is, not merely the characteristics of the parts themselves.

Genetically And Genetically Modified Organisms - 998 Words

GMO’s, or genetically modified organisms, were first brought to my attention in the ninth grade. I did not know that anything such as GMO’s had existed before that, but in my ninth grade biology class we had to watch Food, Inc. and take a health class. I remember being so upset by the poor animal conditions and the lack of labels on foods with genetic modifications. To play my own part in the issue, I started to eat more organic foods and looked for labels that were non-GMO. I also became a vegetarian to keep myself from eating poorly treated animals that were kept in very bad conditions before being slaughtered. Even now, I am extremely conscious of what I eat, and constantly trying to make sure that I avoid genetic modifications. This semester, I plan to research the rise of GMO’s in the American culture, the side effects of this issue, and the positive and negative impacts of having GMO’s in our food. This topic justifies a semester of sustained research because I not only am very passionate about what I am eating, but I, as well as many other Americans, that are daily impacted by this issue should be able to contribute to the ongoing controversy and conversation about the issue in the United States. Firstly, the rise of GMO’s in the American culture is an issue that once presented to me; I have always had interest in. I have often considered why people would not switch over to non GMO products and goods and why the government is more concerned with capitalShow MoreRelatedGenetically Organisms : Genetically Modified Organism1528 Words   |  7 PagesA GMO is a genetically modified organism. It is a process of taking â€Å"genes from one species and inserting them into another in an attempt to obtain a desired trait or characteristic, and this is why they are also called transgenic organism† (About GMO). This process is categorized under two names even though they are one in the same, Genetic Engineering and Genetic Modification. In order for a scientist to introduce new DNA into an organism, they must go through a series of steps or methods like:Read MoreGenetically And Genetically Modified Organisms1188 Words   |  5 Pages Genetically engineered crops or genetically modified organisms (GMOs) are plants in agriculture and the DNA that has been modified using genetic engineering techniques. The goal of this type of bioengineering is to add new traits to a plant which doesn’t occur naturally in the species. Farmers have adopted the technology. The first genetically made crop was manufactured in 1982 which was an antibiotic-resistant tobacco plant. In 1986, the first free trials were in Europe and the USA and were madeRead MoreGenetically And Genetically Modified Organisms2311 Words   |  10 PagesGenetically Modified Organisms are organisms whose genetic make-up have been changed by mutating, inserting, or deleting genes, by using genetic engineering techniques or biotechnology (Klein, Wolf, Wu Sanford, 1987). The topic of genetically modified organisms became very controversial in today’s world. GMO have been used not only in producing vegetable, but also in medical and biological researches, drug production, and medical treatments. However, the food field generates the biggest controversyRead MoreGenetically : Genetically Modified Organisms1386 Words   |  6 PagesLessliee Echevarria Hollis 6th Senior Project 18 March 2015 Genetically Modified Organisms According to a census done by the United Nations, as of October 31, 2011 the world’s population has reached seven billion people. The earth’s population is estimated to reach between 8.3 and 10.9 billion by 2050. Will the earth be able to sustain and feed that many mouths? The planet’s current population is already two to three times higher than the sustainableRead MoreGenetically And Genetically Modified Organism998 Words   |  4 PagesGMO or genetically modified organism. Is an organism which has had its genetic makeup altered by removing part of its genetic makeup and inserting a modified gene from another organism or the mutation or deletion of the biome. The biological complexity of life is narrowed down to a single gene and shoot at with foreign substances that change a genetic trait of an animal or plant. The history of altering genetics goes back to a family who had a monopoly on petroleum in the 19th century and becameRead MoreGenetically And Genetica lly Modified Organisms2218 Words   |  9 Pagesown pesticides has achieved world recognition. Although this innovation, known as a GMO (genetically modified organism), has become extremely influential in the produce industry, the unfamiliarity of the potential dangers continues to be overlooked. The use of GMOs within food has provoked a major controversy among people worldwide. There are many cases supporting and opposing the use of GM (genetically modified) foods, however, a well-debated aspect of this dispute is whether a product containingRead MoreGenetically And Genetically Modified Organisms1794 Words   |  8 PagesA Genetically Modified Culture Genetically modified organisms are crops that have a gene from one organism inserted into the DNA sequence of another organism in order to gain beneficial traits (McWilliams 351). Beneficial traits that may result from the genetic modification of crops include herbicide resistance, insect resistance, or drought tolerance (McWilliams 351). The concept of genetically modifying food is a concept that makes many people skeptical about what is being done to the food thatRead MoreGenetically And Genetically Modified Organisms1447 Words   |  6 Pages or Genetically Modified Organisms. Since its first use in 1973, genetic modification has been applied to almost every crop imaginable. Countless fields of beans, rice, and corn have become subject to genetic modification as more and more farmers begin to realize the benefits of growing â€Å"super† plants. With so little drawbacks and so many advantages, it is easy to see why GMOs are as widespread as they are in today’s societ y. The concept of selecting the most desirable traits in an organism has beenRead MoreGenetically And Genetically Modified Organisms2188 Words   |  9 Pagessurrounding the use of Genetically Modified Organisms, or GMOs. There will be explanations of the negative aspects of Genetically Modified Organisms with the described studies to go along with them. The positive Genetically Modified Organisms facts will be mentioned and described to counter weigh the negatives. There will also be a look into the use of hormones in farm animals and the negative outcomes from them and how the use of the hormones usually gets tied in with the Genetically Modified substances. TheRead MoreGenetically Modified Organisms779 Words   |  3 PagesINTRO Genetically modified organisms are genetically modified organisms. If you look in the average American cupboard many of the packages found there contain foods that have been genetically modified. Some researchers believe that people need to be more aware of the genetically altering chemicals put in their body. Consumers should be limiting the amount of genetically modified foods in their daily diet. â€Å"In a study in the early 1990s, rats were fed genetically modified (GM) tomatoes. Well actually

Company Financial Analysis Essay Free Essays

Emirates Computers Name: Instructor: Task: Date: Calculate the three (3) liquidity, five (5) financial leverage, six (6) turnover and four (4) profitability ratios for all the years as per example 3. 5 in the PowerPoint presentations. Liquidity; Current ratio=current assets/current liabilities 2010:29021/19483=1. We will write a custom essay sample on Company Financial Analysis Essay or any similar topic only for you Order Now 49 2011:24245/18960=1. 28 Quick ratio= (current assets- inventories)/current liabilities 2010: (29021-1301)/19483=1. 42 2011: (24245-1051)/18960=1. 22 Cash ratio=cash/current liabilities 2010:13913/19483=0. 71 2011:10635/18960=0. 6 Financial leverage; Total debt ratio= (total assets-total equity)/total assets 2010: (29021-7766)/29021=0. 73 2011: (24245-5641)/24245=0. 77 Debt equity ratio=total debt/total equity 2010: 30833/7766=3. 97 2011: 28011/5641=4. 97 Equity multiplier=total assets/total equity 2010:29021/7766=3. 74 2011:24245/5641=4. 29 Turnover; Inventory turnover=cost of goods sold/inventory 2010:49128/1301=37. 76 2011:42789/1051=40. 71 Days sales inventory=365/inventory 2010:365/1301=0. 28 2011:365/1051=0. 35 Receivables turnover=sales/account receivables 010:61494/10136=6. 07 2011:52902/8543=6. 19 Days sales in receivables=365/receivables turn over 2010:365/10136=0. 04 2011:365/8543=0. 04 Total assets turn over=sales/total assets 2010:61494/38599=1. 59 2011:52902/33652=1. 57 Capital intensity=total assets/ sales 2010:38599/61494=0. 63 2011:33562/52902=0. 63 Profitability ratios; Profit margin=net income/sales 2010:2635/61494=0. 04 2011:1433/52902=0. 09 Return on assets=net income/total assets 2010:2635/38599=0. 31 2011:1433/33652=0. 04 Return on equity=net income/total equity 2010:2635/7766=0. 4 2011:1433/5641=0. 25 Emirates Computer products and services bring revenue from its sales. Revenues from January 2010 to January 2011 were about 16% that is an increase from the previous years. This was mainly because of the recovery in the economy. A company’s economic health is critical because the products it sells are not primary products and therefore people prefer buying food than spending money to acquire a computer. This explains the reasons to why there was a decline in revenue for the year 2009, which was about 13. % drop in comparison to the previous years. 2010 has reported an increase and this is due to a change in the strategies involved in the business. The revenue stream of the company has changed due to the solution and services that Emirates Computers has put in place. The service revenue has shown a tremendous increase over the years. There has been a gradual appreciation from 14. 3% of revenue in January to about 18. 7%of revenue in January 2011. There has been a profitable growth of 25% in 2010 and a growth of about 5% in the year 2009. The percentage of revenue for the past three year has been due to cost of goods and services, which has shown a relative growth. Expenses like selling and administrative expenses and other expenses have been constant for over three years. There was an increase on intangible assets in addition to other costs. This is because of an increase on intangible assets from the Perot systems in 2010. The increase in facility action costs and severance was because of closure of some facilities that manufacturers used in addition to using contract manufactures to provide cheaper services. The company has shown increase in values because of its stability in percentage revenues because the company has good management, which understands the business, and controls their costs. The company is well informed, they understand every detail that may challenge it operation, and therefore they never encounter surprises that may negatively influence them. The company has registered an excellent net income in the year 2011 which showed an increase of over 80% from the years before. Return on assets is 2. 5 % and profit margin is 1. 6%, which come because of the increase in net income. Additionally the growth in the company has been because of higher revenues and a good cost control. The change in the company’s way of operation has led to the increase in net income. The services of operation of this company have increased as compared to the cost of manufacturing the product. The acquisition of the Perot systems led to the decrease in net income to 42. 2 % in 2010. Health wise the company has shown progress and therefore Emirates Computers has plans to keep expanding its services to a higher level, which will eventually help the company (Peterson Fabozzi, 2012). There has been an increase on the current assets as compared to previous year from 72% to 75% in the year 2011. The company has recognized all highly liquid investments such as credit cards from banks with a three month original maturities. These because there was increase in cash provided by operations while a decrease in cash in investing activities. The decrease in cash in investing activities is mainly because of lack of material they are important for acquisitions in 2011 as compared to 2010. Generally, the company has portrayed a good fiscal year and their good health. It indicates an improvement in the ability to generate profits and income. The company has shown efficiency and effectiveness in because all the three Profitability ratios that involve profit margin, return on assets and return on equity. The company has a qualified auditor who analyses the financial statement of accounts of the company. Although at one point, the auditor gave an unqualified opinion concerning its financial statements. This is evident when analyzing the property plant equipment account, which is not very heavy in the balance sheet. The only representation is only 5. 1% assets own by Emirates Computers. Another aspect that the company has shown strength in is its Liquidity. The company current assets increased while its current liabilities and the current ratio and quick ration showed an increase from 1. 2% and 1. 22% in 2010 to 1. 49% and 1. 42%. Current liabilities on a dollar remained stable. Nevertheless, the increase in total assets, led to the decrease in current liabilities to 5. 8 %. All changes made Emirates Computers to be liquid and this gave it a boost and an advantage thus indicating good health. The company’s equity of stakeholders increased to about 2 billion dollars (Fridson Alvarez, 2011). This is because of the increase as are suit of earnings retained. In the year 2010 – 2011 return on equity (ROE) rose from 28. 8% to 39. 3% in 2011 while net income increased greater the stakeholders equity. Therefore, Emirates Computers makes profit with the stock price variation because it does not pay dividends (Tracy, 2009). Conclusively, the purpose of Emirates Computers Company is mainly to offset gains and losses that resulted from their exposure on contract. This reduces volatility of the earnings in addition to protecting the values of assets and liabilities. Emirates Computers carries out assessments in order to ensure effectiveness both at the beginning of hedge and at regular intervals in order to pinpoint out any ineffectiveness that might occur. Reference Peterson, P. P. , Fabozzi, F. J. (2012). Analysis of Financial Statements. Hoboken: John Wiley amp; Sons. Tracy, J. A. (2009). How to read a financial report: Wringing vital signs out of the numbers. Hoboken, N. J: John Wiley Sons. Fridson, M. S. , Alvarez, F. (2011). Financial statement analysis: A practitioner’s guide. Hoboken, N. J: Wiley. How to cite Company Financial Analysis Essay, Essay examples