Sources of Finance free essay sample

There are various methods of raising money for a business. The kind of account picked relies upon the idea of the business. Enormous associations can utilize a more extensive assortment of account sources than are littler ones. Account isn't simply required when beginning another business, yet you might be required to look for additional fund regardless of whether you’re business is entrenched I-e further development, RD, new item dispatch . Regardless of what business you are in, you will consistently need to guarantee your business is sufficiently financed; there are two significant structures 1. Inner Finance 2. Outside Finance Interior Finance Internal money is the account that is raised from inside the organization. The specialist should either contribute his own capital ‘owner s capital’ or hold benefits they have earned . This is practical wellspring of getting capital and significant piece of each association yet has its own constraints . In this way the business associations need to utilize the other inward wellsprings of fund so as to address their issues . following are instances of inner wellsprings of account I. A tight credit control II. Postpone installments to loan bosses III. Diminishes stock level Outside Finance There are distinctive outer sources from which agents can get account, these can be; Banks, monetary organizations, Capital markets, cash moneylenders, makers, producers, remote budgetary foundations and offices, and so on anyway in extent of raising assets rely on the type of business association. There are three sorts of financing in outside sources I. Momentary II. Medium term III. Long haul Short-term financing: length of reimbursement is short of what one year Medium/Long term: during of reimbursement is over one year Short term Finance: Cash that is expected to back exercises that are generally going to last short of what one year. Bank overdraft An overdraft is a concurrence with a bank to permit the business to go through cash it doesn't have; it is a type of an advance. Exchange Credit This is a timeframe given to a business to pay for merchandise that they have gotten. It is frequently 28 days yet a few organizations probably won't pay for a half year and on certain events even a year after they have gotten merchandise. Held benefit Profits from a business record can be utilized by the proprietors for their very own utilization or can be utilized to return to the business. Charge cards Using your very own or business Visa. These typically have high financing cost. Proprietors capital The cash might be the aftereffect of reserve funds, cash left to them by a relative in a will Medium term Finance: These may fall in either short or long haul wellspring of account. Figuring Selling your credit advances to particular organizations who purchase your credit at lower cost discharging your cash to you. Bank credits Short/Medium/Long term. Debatable. Fixed time of loaning, normally low financing cost. Renting out A rent viably implies that the business is paying for the utilization of an item however don't claim it. It is likewise called recruiting. You may likewise rent out undesirable gear to raise money. Debentures A type of financial exchange credit for Ltd organizations which is made sure about against your business resources. Inability to take care of advance on time will bring about seizure of those benefits by your lender. Long haul account: Used for financing the setting up of new organizations and for extension of existing organizations or new item dispatch. Offer capital If you are a PLC (private/open) at that point you can raise shares by selling responsibility for business on the stock trade. Resource deals These benefits could be as property, hardware, gear, different organizations or even logos of your own business. Funding Venture business people are gatherings of people or organizations explicitly set up to put resources into creating organizations. They may solicit to be part from settling on certain choice of the business! Government, nearby position or EU concedes This could be the neighborhood authority, the national government or the European Union. These awards are frequently connected to motivating forces to firms to set up in zones that are needing monetary turn of events. Workforce rebuilding Moving representatives into new posts or laying off representatives who have been working under 2 years. Question 2 ASSESS THE IMPLICATIONS OF THE DIFFRENT SOURCES Answer Implications of Sources of inward and outside account are as per the following Implications of Sources of Internal Finance Personal investment funds: This is regularly a possibility for independent ventures where the proprietor has a few reserve funds accessible to use as they wish. Held benefit: This is benefit previously made that has been put aside to reinvest in the business. It could be utilized for new apparatus, showcasing and publicizing, vehicles or another IT framework. Working capital: This is momentary cash that is held for everyday costs, for example, writing material, pay rates, lease, bills and receipt installments. Deals of benefits: There might be surplus fixed resources, for example, structures and apparatus that could be offered to produce cash for new regions. Choices to sell things that are as yet utilized ought to be made cautiously as it could influence ability to convey existing items and administrations. Ramifications of External Source of financing Shares: Restricted organizations could hope to sell extra offers, to new or existing investors, in return for an arrival on their venture. Credits: There are debenture advances, with fixed or variable premium, which are typically made sure about against the advantage being put resources into, so the advance organization will have a lawful common enthusiasm for the venture. This implies the organization would not have the option to sell the benefit without the lender’s earlier understanding. Likewise the bank will take need over the proprietors and investors if the business ought to come up short and the cost should be reimbursed regardless of whether a misfortune is made. There are different sorts of credit for fixed sums with fixed reimbursement plans. These might be viewed as somewhat more adaptable than debenture credits. Overdraft: A bank overdraft might be a decent wellspring of momentary money to enable a business to straighten occasional plunges in income, which would not legitimize or require a drawn out arrangement. The bit of leeway here is that intrigue is determined day by day and an overdraft is hence less expensive than a credit. Recruit buy: Hire buy plans empower a firm to obtain a benefit rapidly without following through on the full-cost for it. The organization will have select utilization of the thing for a set timeframe and afterward have the alternative to either return it or get it at a marked down cost. This is frequently used to support acquisition of vehicles, apparatus and printers. Credit from providers: Many solicitations have installment terms of 30 days or more. An organization can set aside the most extreme measure of effort to pay and utilize the cash in the meantime time frame to back different things. This strategy ought to be treated with alert to guarantee that the receipt is as yet paid on schedule or, in all likelihood the firm may chance upsetting the provider and endanger the future working relationship and terms of business. It ought to likewise be recalled that it’s not ‘found’ cash but instead a cautious exercise in careful control of income. Awards: Grants are frequently accessible from boards and other Government bodies for explicit issues. For instance there might be a board need to recover a specific region of a town and who are glad to help finance repair of structures. Then again there might be an association that represents considerable authority in helping youthful business people to dispatch new organizations. Funding: This source is regularly utilized in the beginning times of building up another business. There might be an immense danger of disappointment yet the potential returns may likewise be enormous. This is a high hazard source as the financial speculator will be searching for an offer in the firm’s value and a solid profit for their venture. Anyway the critical experience these speculators have in running organizations could demonstrate important to the organization. Figuring: This includes an organization redistributing its invoicing plans to an outer association. It promptly permits the organization to get cash dependent on the estimation of its exceptional solicitations just as to get installment of future solicitations all the more rapidly. It works by the firm creation a deal, sending the receipt to the client, duplicating the receipt to the figuring organization and the considering organization paying a concurred level of that receipt, typically 80% inside 24 hours. There are expenses required to cover credit the board, organization charges, and intrigue and credit insurance charges. This must be weighed facing the advantage picked up in boosting income, a decrease in the time spent pursuing installments and access to an increasingly advanced credit control framework. The drawback is that clients may like to manage the organization selling the products or administrations. Question 3 Evaluate fitting wellsprings of account for a business venture Answer Sources of money required to begin a business venture are as per the following for instance setting up a drive-thru eatery like ‘McDonalds’ would be as a matter of first importance there would be introductory capital required to lease a spot just as equipment’s for (cooking, warming, freezing and above all else an extra space) and afterward there would be extra capital required for outfitting andâ buying furniture and recruiting of staff and partners just as the conveyance staff and the most significant is the fixings required for making the nourishment For Example, if an individual has beginning Capital for $200,000 for diversifying McDonald’s and The capital required to fire up the McDonald’s establishment is $500,000 there are number of manners by which an indivi dual can fund the rest of the sum for $300,000 which are as per the following

The killer inside me by Jim Thompson Research Paper

The executioner inside me by Jim Thompson - Research Paper Example More than the portrayal of the violations, what is progressively significant is his pessimistic perspective, which gets reflected in the manner in which he needles individuals around him particularly by his words which frequently bore them. He announces his affliction to be maybe of psychosomatic inception. Anyway Lou Ford outwardly drives the ordinary existence of a decent cop who is well similar to by his bosses particularly Sheriff Maples. It is the corruption of Lou’s mind, regardless of whether it is about sexual experiences or unadulterated instances of homicide that offers shape to the plot with a basic thought process of investigating the bifurcated character of Ford. The epic starts with Lou’s experience with the owner of a café and before that a server of a similar spot. Lou Ford goes to the perusers as a fine, cleaned kind hearted individual except if he starts drawling his sentences during his discussion with the owner. Lou doesn't convey a firearm since he doesn't consider law breakers like the manner in which individuals do. In spite of being a cop, he believes that individuals are â€Å"a minimal misinformed. You don’t hurt them, they won’t hurt you. They’ll tune in to reason† (Thompson 4). ... The creator switches the assessments about Ford energetically as the storyteller states, â€Å"I enjoyed the guyâ€as much as I like a great many people, anywayâ€but he was too acceptable to even consider letting go. Respectful, canny: folks like that are my meat.†(Thompson 4) the last expression gives a clue about his depravity of psyche. He intentionally attempts to exhaust him with philosophical talks while he realizes very well that individuals despises a drag and â€Å"If there’s anything more terrible than a drag, it’s a silly bore† (Thompson 5). The second he starts drawling out long sentences he finds that the owner is anxious to stop the discussion. So Lou gets a vicious joy in prodding individuals around him. The tale additionally acquaints us with Bob Maples, the sheriff who trusts Lou a ton and is prepared to back his choices without comprehending what they are. The perusers come to know about his disorder legitimately just because when he meets Joyce Lakeland. One comes to know about the affliction he experienced and experienced just because when he was fourteen years of age. With a more profound idea one can see that this affliction is identified with sexual depravity. It is excited by and by after quite a while when he meets Joyce. His sexual corruption is excited when he goes into a squabbling with Joyce after she discovers him holding her weapon. By uncovering his personality she starts to get rough with him and hits him hard. It draws out the long torpid ailment inside him and he is locked in into a savage rape on her. Indeed, even some time before this happens he attempts to escape as quick as he can on the grounds that he fears that â€Å"She’s talks. She’d shout her head off. What's more, individuals would begin thinking, thinking and pondering about

Dun, Dun, DUUN! The Fall 2016 fellowship application deadline is tomorrow COLUMBIA UNIVERSITY - SIPA Admissions Blog

Dun, Dun, DUUN! The Fall 2016 fellowship application deadline is tomorrow COLUMBIA UNIVERSITY - SIPA Admissions Blog In case you forgot that tomorrow is the Fall 2016 fellowship application deadline; who am I kidding, of course you remembered! Applications with fellowship consideration are  due on Tuesday, Jan. 5, 2016 at 11:59 p.m. EST. Applications with fellowship consideration are  due on Tuesday, Jan. 5, 2016 at 11:59 p.m. EST. Anyway, I am sure you are all hard at work finalizing your applications for admission. For those of you who were early worms and submitted your applications already, CONGRATULATIONS. This nifty little chart will help keep you on track with the general admissions timeline. For everyone else, I wanted to remind you of a few blog posts that may still be useful during your last hours before the deadline. Just review this post, which outlines some of my favorite application tips from the past year. And if for some reason you miss tomorrows deadline, you can still apply for admission by Feb. 5 (without fellowship consideration). P.S. Dont get the headline? Check this out:

Improving Efficiency Of Supply Chain Management - 3487 Words

1.1 Improving efficiency in supply chain management: Tesco PLC is a British multinational basic need and general stock retailer board in Cheshunt, Hertfordshire, England, United Kingdom. It is the third biggest retailer on the planet measured by profits and second-biggest retailer on the planet measured by incomes. It has stores in 12 nations crosswise over Asia and Europe and is the basic supply advertise pioneer in the UK (where it has a piece of the overall industry of throughout 28.4%), Ireland, Hungary, Malaysia, and Thailand. Tesco was established in 1919 by Jack Cohen as a gathering of business stalls. The Tesco name initially showed up in 1924, after Cohen bought a shipment of tea from T. E. merchandise well and joined those initials with the initial two letters of his surname, and the first Tesco supply opened in 1929 in Burnt Oak, Barnet. His business extended quickly, and by 1939 he had more than 100 Tesco stores over the country. Initially a UK-centered basic supply retailer, since the mid 1990s Tesco has progressively expanded geologically and into zones, for example, the retailing of books, apparel, gadgets, furniture, toys, petrol and programming; money related administrations; telecoms and web administrations. The 1990s saw Tesco reposition itself, from its recognition as a down market heap em high, offer em shabby retailer, to one which requests over a wide social gathering, from its Tesco Value (dispatched 1990) to its Tesco Finest extents. ThisShow MoreRelatedValue Chain1020 Words   |  5 PagesExecutive Summary Value chain management has become more and more important in industry in past decades. This report provides an insight view of value chain in automotive industry and then examine leadership role of engineer in value chain management. Furthermore, the report will analyse why engineer is so important in management of value chain. 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What We Have Learned From Our Readings Provided By The...

The following questions will be answered based on what we have learned from our readings provided by the Population Reference Bureau. 1) In your own words (cite where the ideas are from), explain the trends in the world population over the last two centuries and tell us how and why life expectancy, family planning and poverty issues are related to the population trends we have seen. It took many thousands of years for the world to reach 1 billion people but in the last 200 years that number has become 7 times bigger and continues to increase. The population growth has slow down lately but not the concern about over population which sounds kind of a contradiction but the reality is that development countries have help in the transition to improve life and offset human mortality. As a result we are going to mention some of the most important changes of those improvements. a. Life expectancy Thanks to industrialization and modernization in developed countries, public health initiatives and the development of new medicines has become a reality reason enough to increase life expectancy. More children survived nowadays and death rate has become lower, unfortunately global inequality has cause underdeveloped countries to still be far from reaching the same reality. (Ideas - WORLD POPULATION GROWING AT RECORD SPEED) b. Family planning In despite of certain norms, traditions and cultural factors, family size and gender roles are factors considered in present days when itShow MoreRelated Health Concerns for Children in Maricopa, Arizona1224 Words   |  5 PagesConcerns for Children in Maricopa Arizona We all grew up in communities with grandmothers who cooked two, three vegetables that you had to eat. There was no ifs, ands or buts about it. But thats because many of our grandparents, they had community gardens; there was the vegetable man that came around. 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Developments and Training Free Essays

In the world we are living in organizations are faced with risks and threats due to introduction of technology and thus for organizations to succeed in their operations they need to train their employees so that they can overcome these risks and threats. Training involves using an experienced person to inform, teach and to convey information to the audience so that they can acquire the necessary skills and knowledge that would enable them to perform their effectively in their organizations. If people in the organizations are trained they become satisfied with the work that they are doing and this improves their morale. We will write a custom essay sample on Developments and Training or any similar topic only for you Order Now With the effective training employees can not leave their organizations because training it enables them to have the relevant skills and knowledge needed to perform their activities effectively. The image of the company can improved when the training is conducted because the employees in the organization become motivated and they enable them to talk about the positive side of the company. When an organization conducts training it enables it to develop strategies that can help the organization to achieve its objectives since training enables one to acquire new ideas of running and managing the operations of a company. It also helps a company to manage its finance effectively since training ensures that the management determine the issues that are cost effective thus it reduces the expenses of the company. In case of a public company which is a business organization, it is owned by the shareholders who contribute money known as capital. This capital is used to finance the operations of the business and incase the organizations may lack some funds to run their businesses they can borrow funds from the commercial banks and International bodies such as International Monetary Funds and the World Bank. The company is usually run by people known as the directors they ensure that the operations of the company are run effectively, incase the companies receive profits at the end of their financial periods they can distribute the profits in form of dividends to the shareholders and in other cases their can retain some of their money in reserves so that they can be able to do other business affairs such as expanding the company to meet the needs of the customers of the company. http://www.businessballs. com/training program evaluation.html In companies there are many people who are employed, some of whom may be recruited directly from college and thus may lack the necessary experience to run the affairs of the company, others may have the experience to run the company but may lack relevant experience to run the affairs of the company thus there is a need to train all its employees so that they can gain the relevant experience that is required to run the company’s affairs effectively. The company can develop in house training program this program is usually designed to suit the needs of the company’s its allows the employees to train and develop their skills without moving from their working environment thus it saves on time and money since the employees don’t need to travel from one place to the place in order for them to acquire the knowledge and skills of running the company successfully. This training program is designed to train employees of a manufacturing company that produces horticultural products . The Company has more than one hundred employees who are trained on how to handle the product carefully because they are manufactured for export purposes and thus safety precautions must be taken because the products are manufactured using poisonous chemicals since act as preservatives and enable the product to last for a longer period of time without getting spoilt. The Coastal Recursor Humanos is a communications computer company that sells the leading safety training videos ,cd-roms,interactive safety training programs ,safety handbooks,trairning toolkits and safety posters thus the horticultural company can access this facilities so that it can effectively train its customers on how to handle this products. The company can identify its training needs by obtaining information from the employees of the company about problems that they experience in the company such as poor working environment that can affect the performance of the employees for example if there is inadequate working area for the employees to work on or if the employees may be under paid or over worked this can affect their performance thus the in-house training program can enable the management to address the problems of the employees of the company and they can thus take the necessary measures to rectify the problems of the company . A training need of the can be identified through looking at the position of the economy, if the economy of the country is performing well then the management need to train their employees frequently so that they can be able to cater for the demands of the customers . When the economy is performing properly the circulation of money is usually high and this leads to high demand for goods and services thus the need for the management train to it employees on how to handle the employees , but if the economy of the company is not performing properly the training program activities of the company can be reduced due to lack of the necessary resources to develop the program since for the program to run effectively it needs money to purchase the training videos ,training tool kits and the training safety posters from the Coastal Recursors Humanos communications company and money to hire the trainers is required to cater for their wages and salaries http://www. businessballls. com/freeonlineresources. htm . The management of the company can develop its program by establishing the training mediums that can ensure that it achieves its objectives this include internal mediums the company can access the information about improving the operations of the business by consulting the employees themselves, they can give the management the reasons why they are not performing and thus identify the problems in the organization thus a good program can be developed and structured to meet the needs of the employees in their workplaces . The management can acquire information from other parties who are not employees of the company to gather information about the policies that need to be implemented so that the company can run it activities effectively thus this can sharpen the companies effectiveness and can help improve its performance. The training materials that can be used by the management of the company are templates, samples, resources such as articles, tools and diagrams they can provide information to help the company employees understand its operations they contain detailed information about the structure roles and responsibilities of the employees this act as a guide of how the company has been designed and thus it makes it ease for them understand the activities of the company. http://wwbusinessballs. com/workshops. htm The training materials can be created by the experts of the programs they can do this by determining the needs of the company that need to be addressed . They need to outline the skills that they intend to teach . The skills need to be divided into groups and then into steps so that the necessary time can be allocated to the tasks that need to be urgently addressed. Once the steps have been prepared and all the necessary information that needs to be tackled by the experts of the programs they should design the presentation perfectly so that all the relevant information that needs to be conveyed to the employees is done effectively. http://wwbusinessballs. com/workshops. htm The management of the company can deliver its training through workshops that entail team building, communications, motivation, and planning these can empower the employees of the company to work more effectively since it enables them to acquire the necessary information that is needed to run the affairs of the company effectively. Training can be delivered through conducting in-house training, by creating a tailored course and by recognizing informal training this helps the company to reduce its expenses, helps the management to deliver its information to the employees effectively and reduces wastage of time and money since the information that needs to be conveyed is always within the reach of the employees of the company. The effectiveness of a in house training program can be evaluated by the top management who ensure that training program is carried out effectively. They also ensure that training plans are properly documented so that they can give the management the direction of conducting their business. There are evaluation materials that a company can use so that it can determine how it performs its activities these are end –of- program validation method, feedback process and follow-up instruments they determine what the employees have learnt in their in house training programs ,they give the employees time to reflect on the all that they have learnt and also enables them to apply all that they have learnt during the training section . The evaluation questionnaires can be used to evaluate whether the objectives of the company have been applied. The employees of the company need to prepare action plans so that they evaluate whether they have understood all that they have been taught in the in- house training program, incase they have not applied the necessary techniques of carrying out their activities then they can take the necessary measures to implement them. The in-house training program for the company can be sustained through establishing long-term goals and then implementing the goals of the company so that there can be consistency in carrying out the activities of the company. The management should be involved in the development of the program since they can ensure that all the necessary information that needs to addressed is followed and finally implemented The goals of the company can be sustained if the companies results show some improvement, if the results of the company don’t improve then the management can either rectify the program or they can develop another programs that can suit the needs of the company. An in-house training program can be enforced by the managements company through ensuring that all employees who don’t comply with the rules and regulations of the company are dealt with accordingly such as they may be punished so that they can comply with the rules and the regulations of the company. The in house training programs can bring high performance to the company because if the management of the company addresses the problems that have been identified by the management and the employees of the organization then the company can operate successfully. If in the in- house training program the trainer is able to identify the unique potentials of the employees and then be able to illustrate how the employees would be assigned with tasks they are familiar so that they can perform effectively then this can be a good sign that the in-house program is effective. How to cite Developments and Training, Papers

Nickel and Dimed free essay sample

After reading Nickel and Dimed and reviewing the NASW Code of Ethics I found a few parts of the code of ethics Ehrenreich did not follow. I believe she was in breach of privacy and confidentiality, dishonesty, fraud, and deception, and integrity. Privacy and confidentiality is a very important aspect of social work. Although Ehrenreich changed the names of her coworkers and places she worked at, she still disclosed private information about them they may not have wanted the entire world to know. Everyone has a right to privacy which Ehrenreich did not grant her coworkers who disclosed information to her with that right. Dishonesty, fraud, and deception is another part of the code of ethics and I believe she violated all of these. Ehrenreich pretended to be in need of a low-wage job. There are millions of people who actually needed that job and lost the opportunity when she took it, only to leave a few short weeks later. There are numerous arguments that have been presented that both support and refute Ehrenreich’s claims, mainly examining the validity of her examples, support information, and her execution of the experiment. Discussion of these different points of view and analysis will provoke further healthy debate on the state of the working poor and the possible solutions that we need to explore as an educated society. In the introduction of the book Ehrenreich details the formation of this experiment in great detail, from the lunch discussion with a colleague that led to the original formation of the idea, all the way to the specific conditions for the experiment. While she wanted to experience life as a member of the working poor, she did not want to put herself in any real danger or hardship. In fact, in the beginning, she had serious discussions with her family that the whole thing could be done from her study, by just â€Å"simulating† all of the conditions, without actually heading out to do it for real. She also emphasizes that she is not trying to portray herself as the average example, but as the best case scenario, complete with her own monetary safety net. At the outset of experiment she seemed to show a good amount of optimism that, if she applied herself and worked hard, that she would have no problem succeeding at her goal of making it on low wage jobs, because of her education and her excellent work ethics. Unfortunately, as she purposefully hid her qualifications to every probable employer and throughout every interview process, her optimism was quickly eroded as she faced the realities of finding low wage work and the high costs of housing and health care. There are many opinions on the subject of the working poor in America. This is due to the multitude of factors that affect any socio-economic group or situation. Also, there are a multitude of different solutions that are proposed from various experts, some that support Ehrenreich’s view and some that do not. Larry Schweikhart refutes Ehrenreich directly in his analysis of her book by pointing out several large flaws in the execution of the experiment and the basic assumptions of low wage workers. First, she approached the low wage job as if it was the last stop on the economic chain for everyone that had them, and that there seemed to never be any example of advancement up the economic ladder. (Schweikart) He supports his argument by pointing out that all of her examples seemed to be of the same mold, with similar living situations and marital status, not looking or striving to advance up the chain or move on to a job where this was possible. Schweikart) He also claims that most low paying jobs are meant to be merely a means to an end, in that people use them to learn basic job skills, not as a long term career. (Schweikart) Weighing both of these arguments, one could conclude two things, that Ehrenreich’s experiment was well intentioned and does contain some good examples and support for her claims, however, she missed some important portions of information that would have made her experiment much more complete. An example of this would have been to include a married couple in the experiment. This could have shown the socio-economic and personal dynamics that moving up the economic ladder in America generally takes a team of two, and this greatly increases the chances of accumulating wealth. The high cost of housing and transportation were evident in Ehrenreich’s first foray into the life of the working poor, was located closest to where she actually lived in Key West, Florida. She starts work as a waitress at a small place, which she calls â€Å"Hearthside†. It is a low rent, dirty, run-down family-style restaurant that really gives her exactly what she is needs for her research. She conducts a quick survey that provides the basic living arrangements and demographic data of the people that she works with, which broadens out her experiment to include not just her experiences, but, the others as well. (Ehrenreich 25-26) The people that work at the Hearthside are colorful and definitely fall into the category of working poor. Their situations support her claim of the â€Å"hidden cost economy. † These are parts of the economy that are not evident or even considered by many people who have not experienced living in this section of society. These costs and relationships factor in degrading the living situations of people that have low paying jobs experience on a regular basis like poor personal relationships, living in cars, exorbitant security deposits, high health care costs, and food and transportation costs. Since most of the working poor do not receive health insurance, the availability and cost of even the most basic health and dental care is out of reach. An example of the health care problem became evident in 2009 when the Remote Area Medical Volunteer Corps opened a free clinic at the Los Angeles Forum, and provided free medical and dental care to over 10,000 patients, demonstrating the incredible need that exists for the poor. Some of the patients had gone years without getting some serious conditions treated, living in constant pain or just covering the symptoms. Adams) With so much evidence of the high cost of health care, focusing on common sense solutions and community involvement seem to be the best course of action for most people looking to improve the lives of the people around them. In the section, â€Å"Scrubbing in Maine† we find her working for the Maids, a cleaning service, and she is in a customer’s house. She is escorted into the master bathroom and shown by the owner how the marble is â€Å"bleeding† onto the brass fixtures. The owner, a part-time personal trainer, asks her to scrub the grouting â€Å"extra hard†. She makes the observation that the more affluent in society tend to not be aware of all the work required by poor people, working for wages that are well below the â€Å"minimum†, to bring the luxury items they have all around them on a daily basis, and that the do not appreciate any of these people that are in large part responsible for making the luxury items affordable. She advocates for a â€Å"living wage† which will allow for all the low wage workers to afford the necessities of life. This idea of requiring a minimum salary to corporations for the entry level workers is contrary to the capitalistic economic tenet o produce a product as cheap as possible, which ultimately leads to paying the entry level worker the lowest possible salary that the free market requires. This is one aspect of our society that is also hotly debated. Living wage solutions are not usually supported by libertarians and republicans who believe less government intrusion and regulation results in better economic outcomes for everyone. Some believe that increasing the entry level wages too far will result in high unemployment in the unskilled labor force, mostly high school-aged children. In addition, if the living wage costs more than the job is worth, the market would drive those jobs away to places where it is cheaper to perform. (Barnes) Many studies and experts are still debating and researching this issue, but the solution is not cut and dried. In any just society, how we take care of the poorest people in that society is a reflection on our overall moral character, so there should be improvements to low wage worker wages and working conditions. The continuing debate will be where these improvements come from, the employer or the government. Throughout her experiment, Ehrenreich stayed true to her original edict, however, over time her attitudes and perceptions were changed by her own experiences. Her claim that low wage workers are not successfully earning enough money to have their basic needs met is not in question, its seems that the majority of research and opinions hold her book in high esteem. Overall, Ehrenreich had a unique idea and reached a wide audience bringing attention to a serious problem. This is the best aspect of her book.Hopefully, through her text, Ehrenreich brought about at least some positive change in the lives of working poor by exposing their plight.