Finance in an SME Context

Finance in an SME Context In this vast realm of corporate entanglement across the world, people all over the world are getting their various ways to earn their livelihood (Berk, DeMarzo, 2017). This entanglement to the corporate world takes different forms of which the SME (Small Medium Enterprise) is one. Alike the other forms of business organizations, SMEs have their own types of accounting finance analyses. Through different investment appraisal techniques, an SME firm can evaluate choose investment projects. The financing of the projects is done generally by the internal financial sources. SMEs encompass the whole business world. They are the largest economic sector in the UK. Because of the SMEs popularity, more people are coming up with newer ideas to start an SME. When it comes to analyzing the performance of any business for a specific accounting period, the ratios or the accounting ratios are the most widely used tools (Cassedy, 2014). Among the various ratios, the most common ones are those that are used to figure out liquidity, profitability, efficiency etc. From the given data of the concerned company Trainline, the following six ratios have been used to analyze the performance of the company: Net Profit Margin: Profitability of a firm shows, to some extent, the firms performance position throughout any particular period (Cassedy, 2014). To figure out profitability, there can be many ratios, out of which Net Profit Margin (NPM) is a reliable one, since the NPM takes into account all the operating expenses all the operating income thus resulting in the net profit figure the firm has at the end of any period. Trainline company enjoyed the highest profit in 2014. NPM can be calculated through dividing the net profit of any period by the net sales of that period. Following is the position of Trainline as calculated using NPM formula: Date March 03, 2012 March 02, 2013 March 01, 2014 February 28, 2015 March 05, 2016 Net Profit Margin 0.13 0.10 0.18 0.15 0.12 Gross Profit Margin: The Gross Profit Margin (GPM) is also a ratio for calculating the profitability of any firm. The difference between the NPM the GPM is that the latter one does not consider operating expenses (Cassedy, 2014). Gross profit margin shows the performance of the firm based on the firms capacity of first level activity or the main way through which Trainline earns profit. Though not that much reliable as net profit margin, it is easy to calculate. Trainline experienced similar percentage of gross profit over the years. The formula to figure out gross profit of Trainline is given below: Date March 03, 2012 March 02, 2013 March 01, 2014 February 28, 2015 March 05, 2016 Gross Profit Margin 5% 5% 5% 5% 5% Inventory Turnover: According to Clark, Baker, (2011), There are several accounting ratios that help investors, creditors or any other stakeholders to figure out how much a company is efficient in selling its products in stock or inventory, i.e. inventory turnover period shows the companys ability to use the inventory perfectly. The fact of multiplying the ratio with 365 is that it shows in how many days the firm is able to go on a cycle of inventory management (Clark, Baker, 2011). Through this measure, stakeholders are also able to find out the return on assets. Trainline company shows consistent performance in the years 2012, 2013, in 2014, but the company faced declining results in 2015 2016. Date March 03, 2012 March 02, 2013 March 01, 2014 February 28, 2015 March 05, 2016 Inventory Turnover Period 0.598039216 0.591800494 0.561754521 0.329632384 0.24692301 Return on Capital Employed: The Return on Capital Employed is measure that shows a companys productivity in making appropriate use of the assets net of long term liabilities or the capital employed. The ratio provides information of the firms ability to use the invested amount (Clark, Baker, 2011). ROCE, often times, is the most popular tool to see potential in any company. It is calculated through dividing net profit of the company by capital employed. Here, for the calculation of Trainlines ROCE, the intangible assets have been deducted. The following table graph show the results of Trainline over the years in terms of ROCE along with the formula: Date March 03, 2012 March 02, 2013 March 01, 2014 February 28, 2015 March 05, 2016 Return on Capital Employed 0.169982548 0.422774021 1.141914376 1.092703315 1.518949954 Current Ratio: When it comes to finding out the liquidity of any business organization, the Current ratio is one of the prominent ones (Clark, Baker, 2011). It shows how much capable Trainline company is in paying back its current liabilities using its current assets. Suppliers are the most frequent users of this ratio. Current ratio is calculated through dividing current assets of any accounting period by the current liabilities of that particular period. Current ratio is calculated by dividing the current assets by the current liabilities. The standard benchmark for current ratio is 1. If the current ratio is above 1, then its good, but if the ratio falls below 1, then its not good the firm should focus on dealing with this. Trainline was consistent performed well over the years in paying back its short-term liabilities using its current assets. Date March 03, 2012 March 02, 2013 March 01, 2014 February 28, 2015 March 05, 2016 Current Ratio 1.59 1.86 1.18 1.41 1.21 Acid Test Ratio: The Acid Test Ratio is also a measure to figure out the liquidity of any firm. It is more reliable than the current ratio, since it deducts stock or inventories from the current assets. Since inventories cannot be converted into liquid asset, they are deducted in acid test ratio. The ratio is calculated through dividing current assets net of inventories or stock by current liabilities (Shields, 2011). The ratio is also known as the quick ratio. Trainline company was performing good in 2012 in 2013 faced a decline in 2014, but was able to increase the ratio (Shields, 2011). The standard benchmark for acid test ratio is 1.5. Date March 03, 2012 March 02, 2013 March 01, 2014 February 28, 2015 March 05, 2016 Acid Test Ratio 1.59 1.86 1.18 1.41 1.21 Assuming a sales growth rate of 10.05% an expense growth rate of 5.02% (one-half of the earnings growth rate), the following cash budget is forecasted: Trainline.com Cash Budget For the Years from March-2016 to March-2019 March 05, 2016 March 05, 2017 March 05, 2018 March 05, 2019 Opening Cash Balance 44408 2040477 4254439 Share Capital 1131 1245 1370 1507 Ticket Sales 1938116 2132883 2347222 2583101 Collection from receivables 153121 153121 Total Cash Available 2092368 2331656 4389069 6839047 Cost of Sales 45824 48126 50545 53084 Administrative Expense 61375 64459 67698 71099 Interest Payable Similar Charges 9994 10496 11024 11577 Tax on Profit 4863 5107 5364 5633 Payment to Creditors 162990 162990 Total Disbursement 285046 291179 134630 141395 ClosingCash Balance 1807322 2040477 4254439 6697653 Analysis on Sources of Cash: Issuance of Shares: Trainline collects cash from issuing different kinds of shares such as primary, preferred shares etc. Foer the purpose of issuing shares, Trainline.com must enlist in the regulatory body controlling issuance of shares, the London Stock Exchange. The company decided to float shares through London Stock Exchange with a prospective figure amounting  £500. It had a capital amount of  £1131000 in 2016 (Shields, 2011). Issuance of shares is most often a common source for collecting cash in short-term period. Sale of Tickets: Since the company stands for it, i.e. selling tickets is the main source of income of Trainline.com, it is the most important source through which the company collects cash. Trainline.com deals in train tickets. This facilitates the clients through booking seats in train. The company reported a sales figure of  £1938116000 in 2016 from selling tickets the websites (Shields, 2011). Receivables: Collection from receivables is not actually a different source than that of the main source, that is, selling tickets, it is the due amount that the company owes to customers.   Trainline provides services on credit as well. By Shields, (2011), in 2016, the company recorded an amount of  £15312100 for receivables. Retained Earnings: Companies dont pay all of the profit earned in any particular accounting period to their shareholders. The portion of net profit held by the company management is called retained earnings (Shields, 2011). The general thought behind this notion is that company management wants to keep cautious measure in order to prevent future uncertain issues. Trainline also retains part of its net profit every year in order to raise cash when needed. In 2016, the company reported  £55027000 as retained earnings (Vence-Deza, Metcalfe, 2012). Retained earnings is a part of trainline.coms equity a good source of collecting cash. These sources are primarily seen on trainline.com. these help trainline.com to continue the business operation. Besides these there is the need of the proper management of the business operation on the basis of the accurate financial information. These sources of collecting cash helps trainline.com run its day to day operations. The management of the company emphasizes on these sources in order to ensure solution to future uncertain issues as well. Critical analysis of anything is done through evaluating the advantages disadvantages of that particular thing (Siegel, Shim, 2010). There are different sources available for trainline.com. The company prefers does use the sources of finance based on their advantages. Followings are some of the common sources identified for trainline.com: Capital through Issuing Shares Debentures: For a company like trainline.com, the issuance of shares or debentures is a better easy source, since this source ensures short-term quick financing (Siegel, Shim, 2010). Trainline is an airline ticket selling company the base income source is ticket-sales. The company needs to ensure short-term financing to run its daily operations. Besides, there are not that much regulatory requirements for secondary share issuance as a result lesser costs to incur. Sale of Tickets: The main source of finance for trainline.com is the sale of airline as mentioned in its charter (Siegel, Shim, 2010). The company earns its basic income from selling tickets. Whether short-term or long-term, the company is ought to carry on going with this source of finance. The costs associated with this source is the collective costs of operating expenses. Receivables: Trainline sells air tickets to its customers on credit as well (Rosenberg, 2013). Even though, this is not a different source than sale of tickets, the management of the company thinks in other way round, since this source ensures financing for future operations. This source doesnt have any cost unless there is issue of granting discount on timely payment. Retained Earnings: Retained earnings is the that portion of net profit which is retained or withheld by the management of the company in order to prepare for future uncertainties (Rosenberg, 2013). Retained earnings is the most popular source of finance for companies like trainline.com, since this source makes sure of short-term quick financing. Bank Loans: Different term loans granted by the banks are also a very common source of finance used by companies (Rosenberg, 2013). Trainline have affiliation with several banks, since the customers pay for the tickets through bank accounts. The company can ensure financing through borrowing loans from banks. There are costs such as interest, borrowing costs etc. There are also some regulatory requirements as well. The above-mentioned sources are some of the most common sources of finance. Trainline is suggested to understand the relative advantages of each source then choose the best one considering given situation opportunities. Evaluation of Investment Techniques: Trainline can think of undertaking investment project through evaluating the benefits of the projects. For the evaluation purposes, there are several investment appraisal techniques. Among the various, the very common techniques are payback period (PBP), accounting rate of return (ARR), net present value (NPV). The payback period shows how many years or periods an investment project will take to recover the invested money. It doesnt consider the time value of money. Accounting rate of return how much accounting profit trainline.com would earn from the average assets invested (Rosenberg, 2013). This technique doesnt consider cash flows. Net present value is the most popular significant investment appraisal technique, since it considers all the related cash flows time value of money. This approach discounts the future cash flows from any project under consideration. Trainline is suggested to choose the best investment technique, the NPV to choose the investment project that shows th e highest positive net present value. Entrepreneurial ecosystem is the lead frontier for the development of any kind of business organization (Rosenberg, 2013). There are some basic constituents that collectively form the entrepreneurial ecosystem which, in turn, is responsible for developing businesses. This rule works across the whole world, but very little that we are aware of this enormous fact. The fundamental elements that contribute to the development of an Entrepreneurial Ecosystem are Market Situation, Cultural Traits, Policies, Capital, Financial Position different supporting elements. The general constitutional framework for Entrepreneurial Ecosystem is shown through the following figure: Capital: Without capital, no one can think of going for business (Rosenberg, 2013). It is called the life blood of businesses. Capital can be of, in general, two types such as the financial capital the human capital. Both of these are significant. Human capital or resource is the most important constituent of an organizational setting. Human resource is the precondition for any organization stand by. Trainline needs to ensure proper management of its human resource. Market Situation: Market situation generally means the current position of the demand supply altogether of any market the interrelation of the driving forces that create the situation (Hussain,   Scott, 2010). Train line must comply with the market situation provide service accordingly to gain sustainable competitive advantage to ensure goal achievement through making sure of consistent growth. The company needs to conduct researches make analysis to have a thorough understanding of the current market situation. Policies: Throughout the globe, due to several human organizational needs, policies have been being developed renovated across generations (Hussain,   Scott, 2010). These policies are developed to deal with the situations associated with different human needs. There are policies for businesses as well. Since trainline.com is a business organization that bases its operations through internet, the policies so enactedby the government of the UK are ought to be complied with by trainline.com. Financial Position: Since finance is the base for capital, it is also referred to as the life blood of businesses. Firms need to look for different sources to finance. Trainline needs to cope up with the basic management of financing for any project (Hussain,   Scott, 2010). The company needs to figure out where to get the funds from, where to invest the collected funds, how to deal with interest settlements in order to develop the business situation. Cultural Traits: Cultural traits, norms, beliefs, values add greatly to the entrepreneurial ecosystem (Hussain,   Scott, 2010). The organization setting highly depends on the way people around the organization behave, perceive interact with each other. Trainline needs to understand the cultural traits of the customers to get along with sustainable development. Entrepreneurial ecosystem through its culture component influences the business environment both in terms of emergence development. Supporting Elements: According to Rosenberg, (2013), Different supporting elements such as legal infrastructure, reporting (bookkeeping accounting) systems, corporate social responsibilities, social marketing etc. are also responsible for the development of entrepreneurial ecosystem surrounding a business. These elements may be favourable or unfavourable. Trainline needs to make appropriate analysis derive meaningful conclusions to deal with these elements to ensure improvement. The above discussed elements or constituents are responsible for entrepreneurial ecosystem. Through these collectively structured constituents, the entrepreneurial ecosystem is responsible for the development of businesses across the world. When a company has the scope abilities to go from private limited to publiclimited, it has to go through making Initial Public Offering (IPO), i.e. issuing primary shares through enlisting registration into the regulatory authority of that particular country or region (Fardon, Cox, 2014). For trainline.com to go for IPO, it must enlist into the London Stock Exchange, UK. Along with the scope abilities, there are some ethical considerations as well to go for IPO. The ethical considerations are as follows: Ensured Forecast Result: If trainline.com can ensure that the forecast so made by the accountants or the professionals associated will be feasible in the long run for the development of the company will not bring about any severe challenges for the stake of all the shareholders, the company may wish to go for making initial public offering (Fardon, Cox, 2014). It can be said that this is the first foremost stage where any firm can think of going public limited. Reported Income Financial Position: Even though reported income figure financial position as shown in the financial statements are not completely an ethical requirement for a company to go for IPO, the relative values associated with these requirements sometimes add greatly to the ethical considerations for going public. An expression of this fact is the need for full disclosure principle of accounting. Trainline must provide information of reported income, financial position to the stakeholders full extent. In 2016, trainline.com reported equity value of  £56158000 liability amounting  £162990000 (Dean, Schwindt, 2015). The amount of accounts receivables is  £153121000 that gives the notion of income in that accounting period amounting  £32931000 (Dean, Schwindt, 2015). Shareholders Consent: Before going for IPO, the trainline.com needs to arrange statutory meeting with the shareholders (Dalton, 2013). It will be considered unethical, if the company goes for IPO without letting the shareholders know about the issue. Not only does trainline.com have to let the shareholders know the issue of going for IPO, but also the company has to have strong agreement from all of the members. Employment of Independent Auditor: To ensure bias free situation, trainline.com needs to appoint independent auditors who would check analyze the financial situation of the company through auditing financial statements (Dalton, 2013). If the auditors provide positive opinion about the reliability of the financial information so provided through the financial statements, then only then trainline.com is allowed to go for IPO. Even though this requirement is a legal one, contributes to the ethical consideration in the sense that the fulfilment of this requirement reduces legal obligations of both shareholders the government. The company should not disrespect the rights of shareholders or stakeholders as a whole before going public. These are the some of the core ethical considerations that the concerned firm is suggested to comply with in order to go for IPO (Dalton, 2013). After making analysis of the situation so brought up here by the given information of Trainline, it can be said that the company is able to go for Initial Public Offering. The effort to evaluate a firms performance based on ratios with the objective to make investment decisions is appreciable. There are several key factors that collectively ensure the success of the business. The Trainline company has been able to cope up with the drastically changing business environment. The company had its different sources of finance. The company evaluated, analyzed different investment appraisal techniques to get along with projects with opportunities which, in turn, ensure growth. By getting through the business line with consistent constant growth, the Trainline can obtain sustainable competitive advantage. The certain ethical issues that have the full privy to influence the decision to go for IPO. Accounting financial analysis is necessary, since right decision comes out of right information. These analyses provide decisionmakers with the right information. Berk, J., DeMarzo, P. (2017). Corporate finance. Harlow, England: Pearson. Cassedy, P. (2014). Finance. San Diego, Calif.: Lucent Books. Clark, R., Baker, D. (2011). Finance. Oxford: Oxford University Press. Dalton, H. (2013). Principles of Public Finance. Hoboken: Taylor and Francis. Dean, J., Schwindt, R. (2015). FinanceI. Durham: Eno River Press. Fardon, M., Cox, D. (2014). Finance. Worcester: Osborne. Hussain, J., Scott, J. (2010) Research handbook on entrepreneurial finance. Rosenberg, S. (2013). Finance. New York, N.Y.: Facts on File Publications. Shields, D. (2011). Finance. Oxford: ISIS Large Print. Siegel, J., Shim, J. (2010). Finance. New York: Barrons. Vence-Deza, X., Metcalfe, J. (2012). Wealth from Diversity. Boston, MA: Springer US.

Leeuwin Current

A naturally occurring environmental phenomenon that derives from the Pacific Ocean’s eastern part close to South America, El Nià ±o has the capability to greatly alter and disturb the weather patterns of the world (â€Å"El Nià ±o,† 1998). With the English translation of â€Å"The Child†, El Nià ±o poses a great deal of disruption to fishing for a lengthy time. While the waters of Australia’s western region appears to be quite a distance away from South America’s coast, the El Nià ±o has its striking effects on the local fishing catches of Australian fisherman. The reason behind such a striking effect even at such a great distance is largely because of the Leeuwin Current, the tropical current that flows in the south.The Leeuwin Current is responsible for transporting tropical water that is warm towards the south near the continental shelf of the Western Australian coastal region (â€Å"The Leeuwin Current,† 2005). The current is also acc ountable for the subsistence of coral reefs as well as the manifestation of tropical species at the island of Rottnest as well as the area of the southern coast.The rest of the currents traversing the Pacific as well as the Atlantic Oceans in the eastern side of the southern hemisphere differ to that of the Leeuwin Current. The Leeuwin Current varies to those of the Benguela and Humboldt Currents in the sense that the latter bring to the north cold waters from the south. Since the Leeuwin Current is composed of clear, low-nutrient and warm water that do not support the creation of huge numbers of finfish, the current results to the production of huge numbers of invertebrate animals which include prawns as well as rock lobsters.During the months of winter and autumn from April to September, the Leeuwin Current’s flow is at its peak where the temperature of the surface of the sea are shown in the National Oceanic and Atmospheric Administration (NOAA) satellite images as a warm flow of water to the south reaching up to the speeds of more than 3 knots and with the average speed running at about 1 knot.El Nià ±o periods have a direct impact on the strength of the Leeuwin Current which correspondingly affects the biological diversity and fisheries of Western Australia (Caputi, Fletcher, Chubb, Joll, & Pearce, 1997). More specifically, the Leeuwin Current influences the degree of catches of western rock lobsters since the current directly affects the 11 month journey of these lobsters during their early stage as planktons drifting in the currents of the ocean that settle on the inshore coastal regions after.For the duration of an El Nià ±o time, tropical rains typically focused over Indonesia move towards the east, swaying atmospheric wind schemes globally (Diaz & Markgraf, 1994). Probable effects consist of a changing of the jet stream, hurricane tracks and heavy shower, creating unseasonable weather conditions in numerous areas of the world.Hence, as atmos pheric wind patterns and oceanic water flows are altered by the El Nià ±o, the Leeuwin Current is directly affected as well. The major alteration is evident in the shifting of the flow of the Leeuwin Current, thus, correspondingly changing the proliferation and the emergence of numerous aquatic animals dependent on the current. Some of these include the western rock lobsters, scallops, western king prawn, pilchards, whitebait, and the Australian salmon and herring (Holloway, 1995). All of these marine animals are abundant in the fisheries of Western Australia. Thus, an alteration in the Leeuwin Current caused by El Nià ±o greatly affects the population of these aquatic animals in the western region of Australia.Since biological diversity entails the balance and the interrelation among the various species of animals, a change such as an increase or a decrease in the population of a specific species of marine animals within the region of Western Australia causes an imbalance in the overall marine biological diversity.ReferencesEl Nià ±o. (1998).  Ã‚   Retrieved August 16, 2007, from http://ww2010.atmos.uiuc.edu/(Gh)/guides/mtr/eln/def.rxmlThe Leeuwin Current. (2005).  Ã‚   Retrieved August 16, 2007, from http://www.rottnestisland.com/en/Education+and+Environment/Marine+Life/The+Leeuwin+Current.htmCaputi, N., Fletcher, R., Chubb, C., Joll, L., & Pearce, A. (1997, March 2005). El Nino and the Leeuwin Current.  Ã‚   Retrieved August 16, 2007, from http://www.fish.wa.gov.au/wf/articles/Elnino.php?0508Diaz, H. F., & Markgraf, V. (1994). El Nino: Historical and Paleoclimatic Aspects of the Southern Oscillation. Annals of the Association of American Geographers, 84(3), 506.Holloway, P. E. (1995). Leeuwin current observations on the Australian north west shelf, May-June 1993. Oceanographic research papers, 42(3), 287.

GE Bildungsroman

The first stepping stone in Pip's coming of age is finding a place to belong. A quote that shows the fact that Pip did not know where his place was is when he says â€Å"l am ashamed to say it,† I returned, â€Å"and yet it's no worse to say it than to think it. You call me a lucky fellow. Of course, I am. I was a blacksmith's boy but yesterday; I am-?what shall I say I am-?to-day? † (Dickens 196). Before Pip knows where he belongs he lives the dreaded life of a blacksmith. He knows what he wants, but he must grow to achieve his goals.An instance in which Pip shows that he has found where he belongs is when he says â€Å"As passed the church, felt†¦ Sublime compassion for the poor creatures who were destined to go there, Sunday after Sunday, all their lives through, and to lie obscurely at last among the low green mounds† (Dickens 139). This quote shows how much Pip despised his old small town life. At this point in the story, he seems to know what he wants, and has no intention Of living and dying in the same place.Another quote which shows that Pip comes of age by finding where he belongs is when he tells Estella ‘You have been in every prospect I have ever seen since – on the river, on the sails of the hips, on the marshes, in the clouds, in the light, in the darkness, in the wind, in the woods, in the sea, in the streets† (345). Pip, completely infatuated with Estella, has found his place physically in London, but mentally with Estella. No matter what he cannot stop loving Estella and is convinced that she is the one for him.Pip had to first find where he was destined to be to come of age. Once Pip finds where he belongs, he also figures out who he can depend on, which is another milestone in Pip's coming of age. The first lifelong companion that Pip figures out he can depend on is Joe when he tells him â€Å"l sis it was only me that got put out, Pip; I wish there wasn't no Tickler for you, old chap; I wish I c ould take it all on myself†¦ † (50). Through Joe?s comforting and caring words, Pip knows he can depend on him as not only a best friend but a father.Despite the abuse of Mrs.. Joe, he wants to do right by women, and more than anything else, he wants to protect Pip, in which Pip comes to realize and respect about him. Another person Pip learns he can depend on is Biddy, from which he says â€Å"She was not beautiful – she was common, and could not be like Estella ; but she was pleasant and wholesome ND sweet-tempered† (131). Although he will never love her in the way he loves Estella, Pip will always trust and depend on Biddy because of her patient behavior and her role in helping Pip with his education.Biddy is a constant in Pip's life, a stable aspect in which he knows he can always depend on. Another person who Pip depends on throughout his coming of age is Miss Having when she says â€Å"You made your own snares. Never made them† (361 Pip can depe nd on Miss Having to be honest with him. Without the honesty from Miss Having, it would be harder for Pip to grow up. Once Pip learned whom he could depend on, those individuals helped him grow up and come of age.After learning who was most important in his life, another stepping stone in Pip's coming of age was learning what is most important in life. A quote that shows the fact that Pip did not know what was actually important is when he says â€Å"l was to leave the village at five in the morning†¦ And I told Joe that was to walk all alone. I am afraid†¦ That this purpose originated in my sense of the contrast there would be between me and Joe, if we went to coach together (156). Pip was so concerned about his social status that he Was ashamed to be seen with Joe.Before Pip learns what is most important in life, he thinks it is his social status. A quote showing Pip's transition into realizing the important aspects of life is when he thinks, â€Å"It was fine summer w eather again, and, as I walked sunshine should be softened as they thought of me (260). In this thought, Pip is reminiscing on his childhood and with this develops a hope to be remembered after he is gone. Pip comes to realize in the back of his mind that he wants to be remembered or his personality, and not so much his status.Another quote in which Pip finally realizes what is most important is when he states â€Å"l washed the weather and the journey from my face and hands, and went out to the memorable old house that it would have been so much the better for me never to have entered, never to have seen† (270). Pip comes to the conclusion that he would've been better off if he had never entered the sati house or ever became infatuated with the idea of being wealthy. Pip opens his eyes to realize that the road to wealth and status never even mattered, and this is here he comes of age.

Mental Illness And The Broken Mental Health System

perpetuated a negative interpretation of this population and could possibly cause those suffering with mental illness to be subject to random acts of violence. In recent years it must be mentioned that there have been some high profile cases involving incidents that have gained attention of the national level that has made us aware of mental illness and the connection of violence as a means to speak. Some of these events have opened old racial wounds, some have created fear that our children aren’t protected, and even the state officials and the White House is not exempt from those with mental illness to attack without provocation. It has become painfully There is much work to be done to help this population heal but also to live. PERSONAL COMMITMENT TO CORRECT THE ISSUE Discussing this topic at length have allowed different ideals to come to light that will aid in fixing the broken mental health system. My personal commitment to the issue is to reinvent the system. Chan ge is the reinvention of a previous problem. There must be a reason for change something. The issue must become so great that open the eyes of others in order for the issue to look into. The first thing that will help change the system is total privatization including hospitalization thus creating mental health system that functions like a regular medical health system. Previously constructed Institutions were too bulky and absorbed too much overhead. The mental health system can be localizedShow MoreRelatedThe Death Of Christopher Lopez918 Words   |  4 Pagesmajor issue in a broken criminal justice system. Diagnosed mentally ill patients should not be in prison, they need help that only a mental health facility can offer them. There is a difference between being mentally ill and being a criminal. It is no secret that the state has used the prison system as a dumping ground for the mentally ill. Common sense would lead an observer to conclude that a prison environment is not the best place for a person who is suffering from mental illness. This issue hasRead MoreBronfenbrenner s Ecological Model And Dynamic System Theory1087 Words   |  5 PagesBronfenbrenner’s ecological model and Dynamic System Theory share many differences but both explain how environmental factors may affect human processing and functioning at different levels. Each take into account how the environment can positively or negatively affect a person’s life and their perception of life, when dealing with a stable and traumatic experience. 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Leaving us with the question, when did suffering from a mental illness become a crime worthy of incarceration? Doubt no longer remains as to if the this system is broken, as indicated by recent report from the Treatment Advocacy Center and the National Sheriffs’ AssociationRead MoreAccess Of Mental Health Care1105 Words   |  5 PagesAccess to Mental Health Care Headlines worldwide will read of another School Shooting because of a mentally ill person before long. Extra security and drills have placed a Band-Aid on the problem, but this kind of wound needs to be fixed at its source. Access to mental health care is seriously lacking in this country and it is because of the stigma that surrounds mental illnesses which causes people to stray away from treatment. There are not enough mental health care physicians in any givenRead MoreCrazy : A Father s Search Through America s Mental Health Madness Essay1559 Words   |  7 PagesThe organic source of mental illness and â€Å"appropriate† ways to treat/care for those suffering with a mental illness has been professionally, legally, and ethically debated for years. Society’s depiction of mental illness and skewed perceptions of this population has deemed those with a mental disorder incurable. These thoughts and beliefs date back to the 17th century and continue to be an undercurren t in today’s society, even after many efforts have been employed to properly inform society. In theRead MoreThe On The Sandy Hook Shooting1464 Words   |  6 Pageshigh school’s security policies would change. The school put alarm systems on the doors and lock all doors except for a select few that were manned by a security guard. This school shooting was not the first or last of mass shootings that have occurred in the United States. After every tragic shooting like this one, the debate over control gets re-energized. In the Sandy Hook shooting the shooter Adam Lanza had some mental health issues, such as Asperger syndrome and an undiagnosed case of schizophreniaRead MoreA Suitable Punishment And Razor Fruitcake. Insanity, By1605 Words   |  7 Pagesinsane last night!†. However the real definition, written by Cornell University Law School states that â€Å"A person accused of a crime can acknowledge that they committed the crime, but argue that they are not responsible for it because of their mental illness, by pleading not guilty by reason of insanity. The insanity defense is traditionally classified as an excuse defense, in contrast with justification defenses like self-defense. This classification indicates that, while the action committed byRead MoreEvaluating The Effectiveness And Capture The Experiences Of Adolescence That Went Through A School Based Mental Health Program1406 Words   |  6 Pagescapture the experiences of adolescence that went through a school based mental health program in Sweden. The majority of programs that have been implemented for depression are cognitive behavioral therapy based. Garmy points out that in Sweden students are mandated to go through nine years of education that is nationally controlled learning curriculum but that local school districts may also install extra activities such as mental health promotion and prevention programs. The program that the author evaluatesRead MoreThe Impact Of M ental Illnesses . Mental Illnesses Have1557 Words   |  7 PagesImpact of Mental Illnesses Mental Illnesses have plagued our society for centuries. In fact, it is a more common disease than people realize, â€Å"Approximately 1 in 5 adults in the U.S.—43.8 million, or 18.5%—experiences mental illness in a given year.† (Nami, org). Despite the prevalence of mental illnesses, the stigmas associated with them are still very strong to this day, this is a result of the deinstitutionalization of mental healthcare facilities. Many Americans who suffer from mental Illness