Justification And Justification For The Act Of Being Set...

The simple noun â€Å"justification† refers to the act of being set right or made right. Justification, however, is not just limited to just being corrected. It has influences in other various meanings to it as well. For example, justification also means the act of removing debt, being vindicated by judge, or having a relationship restored all fall under the meaning of justification. This is essentially God s act of removing the sin within us humans while considering us to be righteous through Christ s sacrifice. As stated in â€Å"Christ Our Salvation†, â€Å"Those who are righteous will live by faith† (Larondelle, 10). This means that justification must exist in order to have people who live by faith and for these people to be saved and redeemed. Justification helps to show that we humans are in need of daily justification through faith in Christ (Abrams, 97). Sanctification is defined to be the act or process by which people are cleansed and set apart from oth ers to do God’s will. Some synonyms used in the â€Å"New Interpreter’s Dictionary of the Bible† are: to be set apart, to dedicate, to purify, to make sacred, and to manifest holiness. The Dictionary states that to be sanctified is to be graciously taken up and set apart for participation in the saving or reconciling purposes of God. For Christians, this happens when they become and remain part of the community of God’s people, who are shaped by the Holy Spirit in the image of God. This is where God makes us Holy. It is done byShow MoreRelatedJustification : Justification And Justification Essay1179 Words   |  5 PagesJustification in Romans Justification, in simplistic terms, is what God does for us in Christ. However, Paul’s understanding of justification is not as simple. Rather, it is a multifaceted theology, highly influence by his Jewish religious education, as much as, the revelation of God in Christ. We are not simply being accounted justified before God, but rather as a redemptive process God is regenerating all people, making them righteous in an ongoing process of sanctification. Justification is onlyRead MoreI Am Legend By Richard Matheson And R.u. R1351 Words   |  6 Pages Morality, as defined by the Oxford Dictionary, is the set of principles concerning the distinction of right and wrong or good and bad behavior. While determining the difference between right and wrong may seem simple, morality is a complex idea that can be framed and developed in a number of different ways. The novels I Am Legend by Richard Matheson and R.U.R. by Karel ÄÅ'apek both examine the different ways in which moral beliefs can be developed and the possible implications of those beliefsRead MoreAfrican Legal Issues: he Sowth African Law and The English Law1144 Words   |  5 Pagesv Goliath case, the South African view in this particular matter has been established as for the notion of killing another person out of necessity, and has since stayed unchanged. The English Law does not regard the defence of necessity as a justification, but rather as an excuse to a crime, which is then classified as duress. Seen as these two legal systems contradict each other, dispute seems to continue reigning over the world, as will stay the case until a culmination to this age is broughtRead MoreFreedom to vs. Freedom from1145 Words   |  5 PagesUnited States of America is considered a privilege. The liberties that American citizens are entitled to, as declared in the Constitution, makes the United States an attractive and envied democracy. It would be improbable to imagine these liberties being stripped from American society. However, Margaret Atwood depicts the United States as a dystopian society in her novel The Handmaid’s Tale. The first society is modern America, with its autonomy and liberal customs. The second, Gilead, a far cry fromRead MoreMartin Luther s Jr And The Christian Believer Free1428 Words   |  6 Pagescategorized as a virtue but rather a trust in God in which one builds when they encounter the trials and temptations in life. Therefore, it is the Gospel, the word of God, that sets the Christian believer free. However, this new insight had led people to believe that both faith and good works is necessary for justification. Martin Luther wanted to separate the truth from the false teachings. Therefore, Martin Luther explains that although the Christian is freed good works are still compulsory becauseRead MoreAll Animals Are Equal By Peter Singer1487 Words   |  6 Pagesnotable rights movements, such as the Black Liberation and women’s rights mo vement, then segues into the justification for equal consideration of rights regarding animals, before finally exposing the immorality behind factory farming and animal cruelty. According to Singer, â€Å"the basic principle of equality†¦is equality of consideration; and equal consideration for different beings may lead to different treatment and different rights† (Singer 1974, 506). Based off proposed animals’ rights to equalRead MoreIn â€Å"On The American Indians† Vitoria Argues That There1522 Words   |  7 Pagesmilitary force, publicly stated to end the violation of human rights, against another state. Vitoria discredits the justification of humanitarian intervention in every case, unless one is intervening for an ally or a friend. In this paper, I will argue that his view is more plausible than it may at first appear. Vitoria was writing this piece while others were fighting for the right to own the land of the barbarians. Most justification for the taking of the land was to help spread Christianity throughoutRead MoreUniversal Declaration Of Human Rights1263 Words   |  6 PagesAccording to the Universal Declaration of Human Rights, a doctrine created to ensure a mutual standard of treatment amongst all humans, every person deserves an equal set of life standards. According to Article 18 of this 30 Article document, â€Å"everyone has the right to freedom of thought, conscience and religion; this right includes freedom to change his religion or belief and freedom, either alone or in community with others and in public or private, to manifest his religion or belief in teachingRead MoreThe Social Cognitive Theory Of Moral Disengagement1445 Words   |  6 PagesIn 1986, Albert Bandura explored the concept of moral disengagement and its involvement in individuals accepting and encouraging the act of violence and other immoral activities while justifying their behavior. Moral disengagement, a term from social psychology, is the notion that focuses on the process in which an individual convince themselves that their morals or ethical standards do not apply to a certain situation. When this occurs, the individual has disabled the mechanism of self-condemnationRead MoreThe Necessity Defense in the Killing of an Innocent Third Party1254 Words   |  6 PagesEnglish law. Utilitarianism and Kantianism will be used to analyse specific case law that made an enormous contribution to the legal dispute regarding necessity. 2 Necessity Necessity can be described as the voluntary conscious decision to break the law in order for a lesser evil to prevail over some greater evil. The legal dispute arises where this defence requires absolute proportionality in the sense that the act which was committed should by all means be a lesser crime than the inevitable danger

Character Analysis Caleb And Chloe - 2163 Words

Caleb and Chloe In a small town in upper Vermont, down the road a little ways up from the pond, there lives a former lawyer with his wife and children. He has two children, Chloe and Caleb. They both have caramel blonde hair and chocolate brown eyes. They are both very active with Chloe being a part of the dance team for her local dance academy, and Caleb being a strong player for the town s soccer team. Even though they are devoted to their sports, they want to be kids too. This has proved a little hard since their mother s passing a few years back. Mark, Their father, has since remarried, and his new wife is called by the name of Evil Evelyn behind her back. Evelyn is much meaner than their old mom. The kids really despise her and†¦show more content†¦So, I have planned a camping weekend. There will be no phones and no communication with anyone except me and your father. We will head out to the campground tomorrow morning at 6 o clock precisely. If you re not in the car by then, you re going to be left behind. Get it? Got it? Good! Now get ready and head to the car in 5.† Chloe and Caleb were out of that room before you could say boo. The two of them both ran upstairs to get ready for a grueling practice. In the car their father greeted them with his signature wave. After handing them both there Nutrigrain bars and waters he began to drive off. He first dropped Caleb off at Four Kicks for soccer practice then Chloe at dance rehearsals. They were both thankful to have their dad driving so they could get there on time as opposed to an hour early when there mother takes them. Caleb was thrilled when he arrived to soccer practice and saw that they were scrimmaging. He knew that in order to go professional in the soccer world, he would need to put himself out there and Show people what he could do. On the other hand, Chloe didn t have the best dance rehearsal that night. She was in the running for a small solo in the group jazz dance, her favorite style, but she got beat out by her â€Å"friend† Lydia. Chloe was also disappointed to learn that she had been moved to the back row of the ballet performance. â€Å"Mark, I m on my way to pick up the kids!† boasted

Management Efficiency And Solvency Ratios â€Myassignmenthelp.Com

Question: Discuss About The Management Efficiency And Solvency Ratios? Answer: Introduction Ratio analysis is the analysis of the financial statements of a company in order to evaluate the financial performance of the said organisation for a specified period. Ratio analysis helps in trend analysis where the performance of a company can be compared over a number of years and it also helps in comparison between different firms of different sizes. The ratios can be categorized into profitability, liquidity, asset management efficiency and solvency ratios (Berk Demarzo, 2016) Ratio Analysis of Veep Marketing A ratio analysis was conducted for Veep Marketing for the financial year 2017 and the results have been discussed below. Ratios 2017 Profitability Return on Equity 15.1% Profit margin 17.3% Cash flow to sales 7.9% Asset Efficiency Asset Turnover 0.9 times Days debtors 27.7 days Liquidity Current ratio 3.8 Cash flow ratio 2.2 Capital Structure Debt to equity ratio 86.4% Interest coverage ratio 14.9 times Return on Equity The return on equity measures the amount of profits that a company is able to generate from each dollar of investments made by the shareholders of the company. Here the return on equity is 15% which means the owner of Veep Marketing is able to ear 15% on the total capital contributed. Profit margin The profit margin is expressed as net income as a percentage of sales. It is the margin left after all expenses have been paid for. The companys net profit margin is an impressive 17.3% which means the company is able to earn 17.3% of profits from sale revenue of $40,010 Asset Efficiency This ratio is an indicator of how efficiently the company is using its assets to generate sales. The ratio means amount of sales generated for every dollar invested in assets in the year. A higher ratio is preferred as it means efficient asset management. Veep Marketing has an asset turnover ratio of 0.9 which means the company generates only 0.9 dollars for every 1 dollar invested. Days debtor This ratio measures the number of days it takes to convert accounts receivables into cash in the year. The days debtors for Veep Marketing is almost 28 days which means it takes the company 28 days to collect cash from its debtors. This ratio measures the ability of the company to pay for its current obligations from the current assets. Veep Marketing has a current ratio of 3.8 which means the company has 3.8 times more current assets than current liabilities and hence can easily pay for the current liabilities from its current assets. Cash flow ratio This ratio indicates how well the current liabilities can be paid from the companys available cash balance. The company has a ratio of 2.2 which means the cash balance is 2.2 times of the current liabilities of the company and the company can pay all of its current liabilities from the available cash. Capital Structuro It is the ratio of debt to equity in the companys capital structure. The ratio of the company is 86% which means of the total funds invested, 84% is comprised by debt and the rest by equity. This shows the company is highly leveraged. Interest coverage ratio It is the ratio of profits available to pay for the interest expenses if the company. The ratio for Veep Marketing is 15 times which means from the operating profit, the company can pay for its expenses 15 times. Limitations The limitations relate to the limitations of the ratio analysis. The ratios have been calculated on the basis of the data in the financial statements for the year 2017. Balance sheet has historical data, hence any effect of inflation is not taken into consideration and hence ratios may give distorted results. The qualitative factors like employees are not considered. Any changes in the external environment which may impact the analysis is not considered (Peavler, 2017) Conclusion From the above analysis, we see that the company has a satisfactory profitability, liquidity and asset efficiency. The only area where the company seems to be at risk is the capital structure. The company has more debt than equity. This makes it risky. The company should look at reducing its debt and using more owners funds to finance its operations. References Berk, J., Demarzo, P. (2016). Financial Management. Australia: Perason. Peavler, R. (2017, February 28). Advantages and Disadvantages of Ratio Analysis for Business. Retrieved September 14, 2017, from The Balance: https://www.thebalance.com/limitations-of-financial-ratio-analysis-393236

Nordstroms Success

Table of Contents Nordstrom: The Power of Service Nordstrom: A Specialty Store The Value of Full-Service Retailers The Retailing Mix – Personnel and Presentation Primary Challenges and Changing Consumer Demands Conclusion References Retailing is one of the foundational drivers of global market growth. Retailing encompasses a set of activities related to the act of selling goods and services to consumers. Retailers serve billions of consumers on a daily basis. Nordstrom is one of the leaders of the U.S. fashion and apparel market.Advertising We will write a custom case study sample on Nordstrom’s Success specifically for you for only $16.05 $11/page Learn More The company uses fixed stores and online catalogues to meet the needs of customers. Nordstrom is a full-service specialty store and electronic retailer, which relies on personnel and presentation aspects of the retailing marketing mix and has everything to meet the rising demands o f fashion customers. Nordstrom: The Power of Service Nordstrom, Inc. is an exclusive provider of quality fashion products, which include shoes and apparel, jewelry and cosmetics, accessories and fragrances for men, women, and children (Nordstrom, 2011). The company runs 225 stores in 25 states all over the United States (Nordstrom, 2011). Nordstrom tries to catch up with the changes in consumer behaviors and expectations – online stores and catalogues expand the company’s market presence (Nordstrom, 2011). Nordstrom is well-known for its commitment to social responsibility and positions itself as a company where people want to work (Nordstrom, 2011). Nordstrom: A Specialty Store Nordstrom uniquely combines the features of specialty store and e-retailing. Nordstrom also runs a set of department stores in the United States. Specialty store is both a type of store and a mode of retailing (Lamb, Hair McDaniel, 2011). It is interesting to note, that customers in specialty stores are relatively price-insensitive. For this reason the company does not apply to price promotions and discounts but uses superior service and customer relationships to popularize its products and brand. Nordstrom further expands its market presence through Internet stores. Consumers find this mode of shopping extremely convenient and fast (Lamb et al., 2011). The use of online retailing opportunities means that the company tries to meet customer needs by all possible means. A wide range of related services adds to the quality and popularity of Nordstrom products. For example, Nordstrom stylists help consumers to develop and maintain a sense of fashion (Nordstrom, 2011).Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The Value of Full-Service Retailers Nordstrom can be classified as a full-service specialty store provider of quality fashion products. Generally, all retailers are classified by the level of service, from full service to self-service (Lamb et al., 2011). An exclusive provider, Nordstrom tends to offer high levels of service (Lamb et al., 2011). However, not all fashion stores are full service. Many specialty and department stores operate at the opposite end of the level of service continuum. Warehouse and discount stores offer low-price products. For example, Payless Shoe Source is a self-service retail facility, which maintains low prices and seeks to reduce overhead costs by all possible means (Funding Universe, 2010). These self-service retailers rely on the price aspect of the retailing mix, and do not provide their customers with a full range of quality services. The Retailing Mix – Personnel and Presentation The retailing mix incorporates the four P’s of the market mix (product, price, place, promotion), followed by presentation and personnel (Lamb et al., 2011). Nordstrom provides a variety of product options to satisfy di fferent customers. Nordstrom’s prices are never low. The company places a special emphasis on the physical location of its stores and, simultaneously, promotes its brand through magazines for middle- and higher-income customers (Clifford, 2010). Presentation and personnel are the main factors of Nordstrom’s business success. Nordstrom does not use traditional price promotions and discounts but relies on regular pricing and integrity. Nordstrom offers â€Å"seamless† shopping experiences, meaning that all sales channels operate as a single system; for example, customers who make purchases online can easily exchange their products in fixed specialty and department stores. Perfect relations with customers and generous exchange policies strengthen the company’s market position. Nordstrom’s personnel have skills, knowledge, and ability to give their customers undivided attention. Yet, Nordstrom’s market position is not without difficulties.Advert ising We will write a custom case study sample on Nordstrom’s Success specifically for you for only $16.05 $11/page Learn More Primary Challenges and Changing Consumer Demands Nordstrom is faced with a number of challenges. Basically, the company must learn to balance its fixed store needs with the growing importance of online retailing. Nordstrom must learn to expand its online presence without losing its ‘personal touch’. Understanding customer reactions to online retailing is crucial for the company’s success (Burt Sparks, 2003). Furthermore, consumer expectations are rising, and more players are entering the market. Burt and Sparks (2003) write that â€Å"existing retail floor space will need enhancement in quality and presentation if it is to continue to provide retail functions† (p.275), as these improvements will enhance the company’s efficiency and strengthen its market position. Postmodern customers app reciate companies, products, and services that make their lives easier. Customers display low tolerance for poor quality of services and products. Consumer lifestyles are growing diverse, and Nordstrom must learn to meet a bewildering variety of consumer interests and choices (Jones and Simmons, 2009). Finally, customers want to get the fullest range of services in one place. Nordstrom, with its eternal reliance on customer relationships, personalization, and customer-focused retailing solutions, has everything to meet the rising demands of fashion customers. Conclusion Nordstrom is one of the leaders of the U.S. fashion market. Nordstrom is a full-service specialty store and electronic retailer, which relies on personnel and presentation aspects of the retailing marketing mix and has everything to meet the rising demands of fashion customers. Personnel and presentation are at the heart of the company’s business success, but Nordstrom must be able to balance its fixed store n eeds with the growing importance of online retailing. References Burt, S. Sparks, L. (2003). E-commerce and the retail process: A review. Journal of Retailing and Consumer Services, 10, 275-286. Clifford, S. (2010). Nordstrom links online inventory to real world. The New York Times. Web. Funding Universe. (2010). Payless ShoeSource, Inc. Funding Universe. Web.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Jones, K.G. Simmons, J.W. (2009). The retail environment. Taylor Francis. Lamb, C.W., Hair, J.F. McDaniel, C. (2011). Marketing. Boston: Cengage Learning. Nordstrom. (2011). About Nordstrom. Nordstrom. Web. This case study on Nordstrom’s Success was written and submitted by user Malachi Dean to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.