Global Warming Causes and Effects - 1422 Words

Global warming has been a very contentious issue of late in regards to environmental health and safety. Many pundits and critics alike exclaim that global warming is not as prevalent as individuals claim. One such pundit is that of George Will, whose article, Dark Green Doomsdayers indicates that global warming is simply a hoax. The statistics however prove otherwise. Global warming and its effects are far reaching. Society is affected due to higher frequency of natural disasters and drought. Wildlife suffers as many animals become extinct, primarily in the artic region. Agriculture suffers as warming creates a larger propensity for drought and forest fires. This ultimately affects the American tax payer as more money is needed to help abate the fires influences on society. Currently, global warming is coming to the forefront both politically and nationally. It is a very real problem, that can easily be solves through ingenuity and perseverance. Causes of global warming can be attributed to the effect of greenhouse gases (GHGs) emitted by humans. One of the first things scientists learned is that there are several greenhouse gases responsible for warming, and humans emit them in a variety of ways. Often, we dont admit to contributing to the global epedemic, but humans do so in a variety of ways. These methods, albeit small on an individual basis, often contribute to the larger role of greenhouse gases on the artic region. George Will makes no mention of CO2 emissions inShow MoreRelatedGlobal Warming : Causes And Effects905 Words   |  4 Pagesindependent variables that are contributing to the cause of a problem the world is currently faced with, global warming. What is global warming? Well, global warming is a rise in the Earth s average atmospheric temperature that causes corresponding changes in climate and that may result from the greenhouse effect (which I will talk more about.) Which is when our ozone layer has a hole which gradually increases, and increases heat from the sun. This causes major problems such as the polar caps meltingRead MoreCause And Effect Of Global Warming953 Words   |  4 Pagesunderstand the cause and effect of global warming, but it can take years for scientists to reach a consensus. The claims that global warming is the next apocalypse or is just some fairy tale lack scientific proof. These claims have confused the general public, and leave many citizens’ questions unanswered. Many people are concerned about the overall decline of environmental health due to an increase in man-made greenhouse gas emissions, but experts are now clarifying the debate on global warming with hardRead MoreGlobal Warming : Causes And Effects1369 Words   |  6 PagesGlobal Warming: Clearing up the Confusion to Become Part of the Solution Global warming, often confused with the term â€Å"climate change,† is a problem of worldly proportions that knows no limits, caused in large part by human actions. If it continues unchecked, its effects will be felt around the planet, from human society, to the environment, to the world economy. The purpose of this research paper is to understand the topic of global warming, its causes and effects, in order to help understandRead MoreGlobal Warming : Causes And Effects1325 Words   |  6 Pages Global warming is already taking place. It stopped being a prediction. The temperature at the earth’s surface has averagely increased by around 0.60 C.Both the oceans and the air are warming. It is believed that the greenhouses gases’ concentrations in the atmosphere have increased dramatically since the periods of pre-industrialization. This condition is caused by the activities of human beings most especially through the burning of fossil fuels such as natural gas, oil,Read MoreGlobal Warming : Causes And Effects973 Words   |  4 PagesGlobal warming has become a massive problem throughout the world, and as the population grows so do the effects of climate change. What people do not know is that it is the leading cause of the earth’s end and might be a minor cause of death in the far future. Global warming is one of the many things that humans have caused that has no easy fix. Professors Charles Kennel, V. Ramanathan, and David G. Victor at the University of California – San Diego say that â€Å"Greenhouse gas concentrations are trendingRead MoreGlobal Warming : Causes And Effects1206 Words   |  5 PagesGlobal warming is a naturally occurring phenomenon within our planet that needs to be reduced because it is affecting us in many harmful ways. It is one of the most current and widely discussed factors. It has been impacting us negatively in ways such as biodiversity and climate conditions. Several curr ent trends clearly demonstrate that global warming is directly impacting on rising sea levels, the melting of ice caps and significant worldwide climate changes. Over the years, scientists have conductedRead MoreGlobal Warming : Causes And Effects880 Words   |  4 PagesGlobal warming has increased significantly since the 1800s and is becoming a significant impact in our everyday lives. It is considered one of the most challenging environmental problems that exists today. Due to global warming, temperatures on Earth are rising and it’s affecting the way people live. Many people feel concerned about this issue while others could not care less. Developing countries do not understand the impact global warming has and how they should contribute to it while developedRead MoreGlobal Warming : Causes And Effects1453 Words   |  6 PagesGlobal Warming Introduction A slight change in temperature may not seem that bad but a small rise in global temperature can do a lot of damage. Global warming is an increase in the earth s average atmospheric temperature that causes corresponding changes in climate [11]. This report is going to discuss the many causes of global warming as well as the effects that come with it. It will also discuss ways to prevent global warming from happening. Causes of Global Warming Global warming is whatRead MoreGlobal Warming : Cause And Effect1471 Words   |  6 Pages Global warming (Cause/Effect) Jimareo Kimmons Comp I Dr. Sarthou 10/30/2015 Droughts, lengthy hot spells, heavy downpours, floods, and other extreme weather events are occurring more frequently and intensely every year. Around the world, research teams are analyzing these trends, noting the changes in temperature, rainfall, ice mass, sea level, and many other variables recorded by weather measuring devices. The trends are undeniable: the Earth is getting warmer. Polar sea iceRead MoreGlobal Warming : Causes And Effects1381 Words   |  6 PagesEarth is broken, and we all had a hand in breaking it, inadvertently though it may have been, by adding an abundance of greenhouse gases to the atmosphere that contribute directly to global warming; and we continue to do so every time we start our car, turn up the heat, turn on the lights or throw away trash. Global warming is a problem, caused in large part by human activity, and as it stands, poses a monumental threat to the planet and all of its occupants; while mega polluters do not have an incentive

The Ontological Proof Of The Existence Of God - 1137 Words

In this essay I will discuss the ontological proof of the existence of God. First, I will discuss what ontology is and how it connects to this proof about God. There are two kinds of proofs that are going to be talked about in this essay. The ontological proof was created by Anselm who made this argument that God does exist. To begin this discussion, ontology is a part of metaphysics and concerns itself with the nature of being. Ontology seeks to answer questions about existence, what’s real and what is not real. The ontological proof is set out to prove why God does indeed exist. These two are connected because they both are set out to answer life’s difficult questions. In our world today, people have different beliefs and not everyone believes that there is one God. Some people believe that there is more than one God and others believe that there is no God at all. Anselm, who wrote the argument, wanted to prove in two ways that God exists. He wanted people to believe one way or the other and that is why he wrote more than one interpretation of the proof. We are going to compare and contrast both interpretations and come to a conclusion on what interpretation answers the God question and if he is believable. In this essay, I hope to give you more detail about both interpretations and will help you choose which interpretation best fits your belief. First we will talk about Anselm. He was the person who brought the ontological proof argument to life. He believed that withShow MoreRelatedThe s Ontological Proof For The Existence Of God Essay1134 Words   |  5 Pages In his Proslogion, written in 1077-1078, St. Anselm of Canterbury, introduced the first formulation of his ontological proof for the existence of God. In an effort to gain a deeper knowledge and acquaintance with his creator, Anselm set out to logically deduce God’s existence from the very definition of God. In the Proslogion he writes, â€Å"God is that which a greater cannot be thought. Whoever understands this properly, understands that this being exists in such a way that he cannot, even in thoughtRead MoreAugustine s Ontological Proof For The Existence Of God1456 Words   |  6 PagesAugustine’s Ideo-Ontological proof for the existence of god. However, as with most things of a philosophical nature, there is no simple right or wrong, A or B reading of the Ideo-Ontological proof. Despite any possible contention that may occur over the interpretations of the Ideo-Ontological proof, there is no doubt that the proof contributed greatly towards the development of western philosophy, as started by Plato centuries prior. The primary concept behind the Ideo-Ontological proof is that god is a thinkerRead MoreAdvantages Of The Ontological Argument1261 Words   |  6 PagesThe Ontological Argument attempts provide absolute proof that God exists so that His existence cannot be questioned otherwise. It is a deductive argument that argues de dicto – the premises involving the definition of God and existence. It is based on a priori knowledge that comes to an analytic statement that is necessarily valid. If the premises of the argument are true, then the conclusion is self-evident and and the argument provides absolute proof for the existence of God. This is in directRead MoreEssay on The Ontological Argument for the Existence of God1545 Words   |  7 PagesThe Ontological Argument for the Existence of God The ontological argument is an a priori argument. The arguments attempt to prove Gods existence from the meaning of the word God. The ontological argument was introduced by Anselm of Canterbury in his book Proslogion. Anselms classical argument was based on two principals and the two most involved in this is St Anselm of Canterbury as previously mentioned and Rene Descartes. The ontological argument argues thatRead MoreKants Refutations of the Proofs of the Existence of God Essay786 Words   |  4 PagesKants Refutations of the Proofs of the Existence of God There are three types of proof for the existance of God: The Ontological Proof: God is the most perfect conceivable being. Existence is more perfect than non-existence. God by definition exists. The Cosmological Proof: Everything contingent must have a cause. If this cause is also contingent, then it too must also have a cause. This chain of causes and effects must have a beginningRead MoreThe Medieval Sourcebook For Anselm s 1033-1009 Proslogium1175 Words   |  5 Pagesis a deductive ontological argument. Aselm attempts to prove the existence of God through one single argument which is that God does truly exist. However, there will always be dilemmas, conflicts or predicaments when it comes to such sensitive and personal topics such as the existence of God. Atheists are types of people who do not believe in the existence of God and have been continuously denying his existence. I personally am Christian and I therefore have a strong belief in God. That being saidRead MoreThe Cosmological Argument For The Existence Of God Essay1556 Words   |  7 Pagesconcerning the existence of God. If God exists, we probably have to make him accountable. The universe would probably have a meaning and a purpose. Also, our very existence may not be cease after physical death. But if God does not exist, we are probably here by chance and we have no accountability to any transcendent. This life is probably all we have, so we should live as we please. The question arises - Does God exist? At first glance, it seems contradictory to prove the existence of somethingRead MoreDescartes Ontological Argument Essay1019 Words   |  5 Pages one of Descartes’s most famous arguments is his Ontological proof for the existence of God. It is a proof that one can know God a priori, with no experience whatsoever. Countering Descartes, a philosopher named Caterus raised key objections to his proof, which Descartes later responded to in an intriguing way. Descartes’s reply to Caterus’s critique of the Ontological argument does not properly refute the objections made. Descartes’s Ontological argument begins with the idea of that which is clearlyRead MoreTwo Philosophical Arguments for the Existence of God1460 Words   |  6 Pagesand evaluate two philosophical arguments for the existence of God. Throughout the course of this essay we shall examine two of the major philosophical arguments for the existence of God. The arguments that we are going to focus on shall be the Design argument and the Ontological argument. We shall compare, evaluate and discuss both the Design (or teleological) argument for the existence of God and the Ontological Argument for the existence of God, as well as highlighting philosophical criticismsRead More Does God Exist? Essay1145 Words   |  5 Pages Proof Of The Exsistence of God Either God exists or He doesnt. There is no middle ground. Any attempt to remain neutral in relation to Gods existence is automatically synonymous with unbelief. The question for Gods existence is really important. Does God exist? Theology, cosmological, teleological and ontological arguments are all have ways to prove the existence of God. With all of these great arguments how can one deny that there is a God. There is a God and with these reasons I will prove

The Importance Of Security And A Business - 1222 Words

Introduction One of the most important aspects of any business is security and a business will not be able to continue without ensuring that the proper security methods and techniques are implemented. Security gives any organization a competitive advantage over its competitors in the way that they ensure the safety and security of the staff and visitors of the organization. Curtin University as well consider to be a corporate or an organization with some minor differences but they still have students who could be considered as customers, employee and it produce a product which is education, and to ensure the sustainability of its business in education sector the university has implemented many tools to achieve its goals. Ensuring the safety of the staff and student is a primary objective of the university since without safety and security the university will not be able to function and provide its services to the students. Security in universities are harder to be obtained because it’s op en campus and anyone can come and walk into the campus without having to provide any sort of authorization or association with the university this is another reason for universities to implement the latest methods and techniques to protect it’s staff, students and buildings from the exposed threats. There are many security methods and techniques are implemented in any open organization or uncontrolled accessed organizations such as Curtin University. In any open organization aShow MoreRelatedImportance Of Security Controls And Business Strategy For Achieving Information Assurance2612 Words   |  11 Pagesapproach to security that layers controls thus increasing security for the system as a whole (United States National Security Agency, n.d.). Security controls derive from three primary categories: Administrative, Technical/Logical, and Physical/Environmental (Harris Kumar, 2013, p. 28). To help mature and improve information security as a process and business enabler, it is critical that organizations adapt their understanding and cogency of administrative controls. The information security marketRead MoreImportance Of Data Storage Network Security835 Words   |  4 PagesImportance of Data Storage Network Security There would be no need for securing data storage network if you can save your information on the network without anyone altering the content. However, it is almost impossible for you to save your information in an unsecured data storage network and retrieve it just the way you saved it. In today’s world where hackers are rampant everywhere, the need to secure data storage network becomes a major concern for security experts. Over the years, our team ofRead MorePhysical And Infrastructure Security Is Essential For Protecting Organizational Interests From Both Well Known And Undocumented Threats936 Words   |  4 Pages Physical and Infrastructure Security is essential to protecting organizational interests from both well-known and undocumented threats. Acts of nature can be a detriment to daily operations as well as the actions of humans. Mitigation of such threats should be taken into consideration and recovery planning and preparation is key. A well-developed policy that is executed and enforced within the organization can assist in this objective. The active threat environment is constantly evolvingRead MoreAre Healthcare Organizations Really Hipaa Compliant?1590 Words   |  7 Pagesconfidentiality and security of healthcare information and help the healthcare industry control administrative cost. HIPAA is governed by 2 entities, the Privacy Rule and the Security Rule. These two rules dictates to outline what the Health and Human Services (HHS) requires to handle Protected Health Information (PHI) in all forms. The Office of Civil Rights (OCR) enforces HIPAA and can leverage criminal and civil penalties for violations that occur with either covered entities and their business associatesRead MoreRequirements For The Corporate Computing Function Essay1181 Words   |  5 Pagesorder to ensure the topic of security is addressed in the mission statement with an explanation. Requirements for the Corporate Computing Function The Chief Information Officer (CIO) plays an intricate part in the design and implementation of an organization’s information technology infrastructure. Since the inception of the role, the spectrum of influence on business has evolved from just technical to a role that progressively concentrated more on business strategy (Rouse, 2015). TodayRead MoreSecurity Roles1588 Words   |  7 PagesSecurity Roles Name: Institution: The role security plays in protecting Papa John’s International assets The security personnel ought to be able to handle many responsibilities and fill various roles as required. Frequently this may occur while protecting the assets of an organization, in addition to the welfare and health of the employees of the organization. These responsibilities and roles vary, according to the kind of facility or the circumstances that the security officers may find themselvesRead MoreFacility Security Policy ( Edu Corp s Facilities Essay1269 Words   |  6 PagesFacility Security Policy 1. Overview With multiple locations across the state of Florida, Edu Corp’s facilities require attentive, strategic methods of security. With continuous concerns regarding digital security, physical security is of an equal concern to Edu Corp. In an effort to uphold a high standard of privacy and security to both employees and customers of the company, Edu Corp continuously monitors the security and safety of all associated facilities. According to various reports, averageRead MoreThe Chief Information Officer ( Cio )1238 Words   |  5 Pagesof the role, the range of influence on business has developed from a technical role to a job that has gradually focused more on business strategy (Rouse, 2015). Currently, the primary roles of a CIO are to oversee much of the day to day technical operation, monitor cost for IT assets as well as managing the technical staff. Conversely, a development is taking place as executive teams are identifying chances that can influence IT investments in care of business transformation. As a result, this is requiresRead MoreSecurity As A Service Provider Paper984 Words   |  4 Pagesthis modern and ubiquitously connected world, an organization’s security posture can determine its fate, attacks are committed by nefarious actors worldwide every day, it is important that an organization follow security industry’s best practice and governing laws and regulations, go a step further in protecting not only its own data but also all data and information especially regarding clients. This paper will discuss the way a Security as a Service Provider – Secured Inc. which had gone above andRead MoreRequirements for the Corporate Computing Function Essay1231 Words   |  5 Pagesrequirements of management† (Stallings, 2009, p. 58). Stated in another way, this Chief Information Officer’s (CIO) mission statement’s component implies that company information can be utilized by management for a great deal of thi ngs. While the security of all company-owned data is immensely important to the success of the organization, some of the information carries significant value when used by management in order to allow the company to make better informed decisions to keep the company competitive

Financial Analysis of Proposed Transaction and Preparation

Question: Discuss about the Financial Analysis of Proposed Transaction and Preparation. Answer: The purpose of this task is to evaluate the financial viability of the transaction that the company is proposing to undertake and preparing information memorandum for management. Theory- Capital budgeting technique for long-term transactions. The Information memorandum is the document defining the work and details of financing. The financial viability of transactions related to long-term projects could be evaluated using different capital budgeting techniques. The techniques of Net Present Value, Internal Rate of Return, payback period etc can be used to evaluate the transactions (Bierman Jr Smidt, 2012). The Information memorandum is prepared so that management could get an overview of the financial viability of the project. Application I plan to use all this technique so that the transaction company enters into is beneficial and useful for both long and short term. In order to provide management the details of the transactions I will prepare a information memorandum providing the details and logic behind the transaction. Task- Research of Industry Sector The purpose of this task is to conduct research of the industry sector. Theory- Comparison of Key financial ratios It is important for the success of the business that management should be aware of its competition and general business environment. The preparation of monthly or weekly financial report and comparing it with the industry and competition is a routine exercise for any successful business. The financial performance of the company can be effectively compared with competitors by calculating key financial ratios. There are few important ratios that reflect the overall conditions of the business and when these ratios are compared with industry and competitors then the financial standing of the company could be ascertained. The important ratios are Current ratio, Debt equity ratio, profitability ratio, return on assets, return on equity etc (Brigham Ehrhardt, 2013). Application I plan to use all these ratios to compare the financial position of the company with the competitors. It is my plan to calculate the ratios on monthly basis and compare it with industry data. This will be helpful because if any corrective measures are required to be taken for improving the performance of the company then it can be immediately undertaken. Task- Preparing financial statement, projected cash flow and income tax projection The purpose of this task is to provide complete financial transaction along with estimates. Theory- Forecasting of financial transactions. The financial statements are the report that reflects the financial position and activities of an enterprise in a structured format. The financial statements are prepared in accordance with the format prescribed by statute. The projected cash flow shows the estimate of cash inflow and cash outflow that the company is expecting. It is important because liquidity is the essential requirement for any business. If the company lacks liquid cash then the functioning of the business might be hampered as a result the company may incur loss. It is mandatory for a company to pay taxes therefore it is prudent to make a projection of tax to be paid so that any penalties could be avoided (Cole Gerhard, 2014). Application I will prepare the financial statements in accordance with applicable format as prescribed by law. In order to prepare a projected cash flow I will prepare a plan of all the cash inflows and cash outflows. In order to prepare a plan I will estimate the overall business activity beforehand. The tax regulations are clear to me so while preparing the estimate I will also prepare a projection of tax that will be helpful to the business. Task- Preparation and proof read of investment management performance, reports and client fees calculation. The purpose of this task is to manage investment efficiently and calculating client fees. Theory- Calculation of IRR using weighted average market value of securities. The market is extremely volatile and it is continuously changing so it is important for an investor to be continuously updated about the market and regulatory changes. There is a theory proposed by the CFA institute that a performance report should at least have rate of return and that should be calculated using weighted average market value of securities (Moten Jr Thron, 2013). The client fees should be calculated using accrual principle. Application I wish to apply the concept of calculating IRR using the market value of investment while preparing the investment performance report. I will also thoroughly proof read the entire report to be sure that there are no mistakes in calculating the performance of investments. I plan to apply the concept of accrual while calculating client fees. Task- Update and maintain spreadsheet for Equity Portfolios: Stock Analysis pages. The purpose of this task is analyze the stock investment by preparing and updating spreadsheets. Theory- Tracking of Investment using excel. The investments activities can be tracked effectively using excel spreadsheets. It can also be used for calculating return, profit or loss using closing price and standard deviations (Walkenbach, 2013). The trackings of investments are important because a loss making investment can cost heavily to the company. Due to the heavy cost that the company has to bear, it becomes such an essential task to track investment effectively. Application I wish to track investment using excel and calculate return on investment. This will help me to always be updated about the money invested in the market. Task-Budget forecast monitoring/ identifies financial status by comparing and analyzing actual sales with plans and forecast. The purpose of the task is to evaluate the financial position of te company by comparing budgeted figures with actual figures. Theory- Budgeting In order to prepare a financial forecast a budget is prepared for internal management purpose. These budgets are prepared on monthly basis for monthly monitoring. The differences between the actual and budgeted figures are calculated and the reasons for such differences are analyzed (Hope Fraser, 2013). Application I wish to apply the same technique for determining the difference between actual and forecasted figures. I will prepare the budget every month so that the reasons for such difference could be analyzed as early as possible. This process will ensure that problems identified are solved and the corrective measures are taken immediately. This task is very important as it will give direction to the company so I look forward to conduct this task with utmost sincerity. Task -Analysis of important benchmarking ratio The purpose of this task is to choose a benchmark and compare the performance of the company with that of benchmark. Theory- Benchmarking and performance analysis. In order to maintain the benchmarking data of the companies the various type of the operations and the income of the company are compared with another company which is considered best according to the industry standards and the selected company is able to compare the results of services (Camp, 2013). This is particularly helpful in financial companies where the data needs to be compared with the best performer in the industry. Application I wish to apply the forecasted ratio of the various types of the financial data on the basis of the ratio calculated in the benchmarking performance of the company and compare the standings of the company based on the present industry standards. Task- Improvement in the financial status and the analysis of the results and continuous monitoring of the variances Theory- Variance Analysis. The various type of the monitoring of the data is based on the graphical and statistical representation is helpful for the purpose of the evaluation of the various types of the changes in the present and the future (Spronk et al., 2016). Application I have used this data for tracking the changes in the financial data are also helpful in the assessment of the future viability of the project and the companies are able to assess the profitability aspect through the simple representations of the graphs. The improvement in the present policies of the project is evaluated based on the changes in the monitoring of the report. Task-Reconciliation of the transactions by comparison and the correcting of the data Theory- Reconciliation Statement. The purpose of the reconciliation of the transactions by the comparison and the correcting of the data are useful for the evaluation of the various type of the graphical representation of the financial data. This data is particularly helpful for the purpose of the comparison of various type of the financial data such as stock market (Shah, 2013). Application I have made use of this technique for reporting and comparison of the various types of the statistical and financial data, which are needed for the purpose of the evaluation of a portfolio of the selected organization I am also able prepare detailed report of the analysis based on the graphical representation of the data. The reconciliation of the transaction is also useful for a quick evaluation of the changes, which are needed to be made in the project and an easy identification of the project problems and works to provide an easy solution. Task - Implementation of Forex knowledge when one price is paid in exchange of another. Theory- Foreign Exchange Management. Foreign exchange is referred to as the process of conversion one currency into another. It is also referred to as the global market in which the currencies are exchanges around the clock (Jacque, 2013). Application I intend to apply the various types of the theory where there is higher amount of hedging cost, which is related to increased currency volatility. I will be also able to assess the various types systematic importance of the big banks, which is involved, with the forecasting of the losses and the potential risk involved with the forex transaction. Although the currency trading is seen as a zero sum policy, still the big banks need to properly manage forex for currency risk hedging. Section B Introduction The industry selected for the purpose of problem evaluation is Insurance industry. The evaluation of the insurance company is based on the report prepared based on the core segments namely General Insurance, Global Life and farmers insurance. The main purpose of the research is to know about the present problem of the company and different issues presently faced by the insurance company. (Cummins Weiss , 2014) The main challenges in the present business situation involves Macroeconomic Trend- The major threat is seen in the dealing with the challenging economic situation as the insurers has to take underwriters margin. In the insurance industry, the major issues are seen in meeting the customer needs with the new expectations this is due to the change in the macroeconomic trends in the industry. The Global financial crisis (GFC) continues to affect the growth of the insurance companies. This mostly evident countries like U.S. and European countries. The state of the economic development is closely related to geopolitical events. The consumers facing the GCF had to control their spending on the insurance policies. (Pwc.com., 2016) Reputational Risk - Some of the other problems of the insurance industry are related to the reputational risk. This is evident due to the aggressive marketing policies for both life and general insurance. In many cases, it has seen that the insurance companies do not provide what was promised at the time of the time of creation of the policy. Sturm, 2013) Availability of cost of capital Some of the main problems in the insurance companies in the insurance companies is mainly evident due to the limited availability of the cash management policies of the companies. In many claim amount needs to be settles quickly especially in cases of overseas payments. In many countries it has been observed that the insurance companies were unable to maintain a suitable allocation of the cost components associated to the commission rates and the service cost for the customer care. This is closely related to the capital budgeting needs (Koijen Yogo, 2014) Attribute that could contribute in terms of adding value to the company its Finance team Adding value to the company With the attributes that I posses, I can contribute to the changing needs of the customers needs. This will lead to an improved customer approach and help the insurance companies to have a better reputation in the market. The attributes will look forward to build a trusted relationship with the customer. The extensive understanding of the macroeconomic environment analysis will further help to assess the present economic situation of the country and know about the spending habits of the people. (Suriadi et al., 2013). Adding value to the finance team The various types of the alternate ideas for solving the current problems of the industry need to be addressed with the allocation of the funds properly into various types of the financial institutions like banks. The company also needs to forecast the requirement of the fund in the various type of the project by using capital budgeting techniques such NPV, IRR and payback period method. This will helps the company to evaluate the various types of the requirement need for long-term financing of the project. The evaluation of the projects based on these techniques helps the company to know about the available amount of free cash flow (Embrechts et al. 2013) Conclusion The various type of the findings of the report shows problems in the insurance industry such as poor customer service, shifting macroeconomic trend and requirement of cost of capital. Based on the various type of the problems identified in the selected industry the companies needs to implement technique such as NPV, payback period and IRR practices which has been implemented on the basis of problem evaluation of the present industry to address the financial problems. The solution provided will ensure that the company will be having sufficient amount of the free cash flow and the company is able to evaluate then different types of the option to make payment to the insurance claims, which were due to the non-availability of the free cash flow during a particular financial year. Hence, the implementation of the above stated technique will significantly improve the performance of the company on both financial basis and operational basis. Reference List Bierman Jr, H., Smidt, S. (2012).The capital budgeting decision: economic analysis of investment projects. Routledge. Brigham, E. F., Ehrhardt, M. C. (2013).Financial management: Theory practice. Cengage Learning. Camp, R. C. (2013).Benchmarking: the search for industry best practices that lead to superior performance. Milwaukee, Wis.: Quality Press; Quality Resources, 1989. Cole, D., Gerhard, L. (2014).U.S. Patent No. 8,768,809. Washington, DC: U.S. Patent and Trademark Office. Cummins, J. D., Weiss, M. A. (2014). Systemic risk and the US insurance sector. Journal of Risk and Insurance, 81(3), 489-528. Embrechts, P., Klppelberg, C., Mikosch, T. (2013). Modelling extremal events: for insurance and finance (Vol. 33). Springer Science Business Media. Hope, J., Fraser, R. (2013).Beyond budgeting: how managers can break free from the annual performance trap. Harvard Business Press. Jacque, L. L. (2013).Management and control of foreign exchange risk. Springer Science Business Media. Koijen, R. S., Yogo, M. (2014). The cost of financial frictions for life insurers. The American Economic Review, 105(1), 445-475. Moten Jr, J. M., Thron, C. (2013). Improvements on Secant Method for Estimating Internal Rate of Return (IRR).International Journal of Applied Mathematics and Statistics,42(12), 84-93. Pwc.com., (2016) Retrieved 31 July 2016, from https://www.pwc.com/us/en/insurance/publications/assets/pwc-top-issues-the-insurance-industry-2016.pdf Shah, P. (2013). Financial Accounting.OUP Catalogue. Spronk, J., Steuer, R. E., Zopounidis, C. (2016). Multicriteria decision aid/analysis in finance. InMultiple Criteria Decision Analysis(pp. 1011-1065). Springer New York. Sturm, P. (2013). Operational and reputational risk in the European banking industry: The market reaction to operational risk events. Journal of Economic Behavior Organization, 85, 191-206. Suriadi, S., Wynn, M. T., Ouyang, C., ter Hofstede, A. H., van Dijk, N. J. (2013, June). Understanding process behaviours in a large insurance company in Australia: A case study. In International Conference on Advanced Information Systems Engineering (pp. 449-464). Springer Berlin Heidelberg. Walkenbach, J. (2013).Excel 2003 bible(Vol. 36). John Wiley Sons.