Write about a time when you failed and what did you learn from it Essay

Write about a time when you failed and what did you learn from it - Essay Example The fact that I was going to join a private school in Nashville only made the whole experience more difficult. My parents felt that joining Ensworth would provide me with better education and a safer learning environment. In addition, they felt that the school environment would give me with the opportunity to develop enriching relationships. I wish they were right, but they were not. It subsequently took a whole year for my parents and me to agree that the school was not the ideal environment for me. I spent my entire freshman year at Ensworth trying to fit in the social circles. I discovered that I was working too hard to fit in. This was made difficult by the fact that I did not agree with conforming to different values from those I believed in, just to fit in. I did not know who to trust or relate to. I slowly realized that the students there had developed their friendships over the years, some since kindergarten. This made me an outsider, and on their part, they had difficulty letting in a new person into their groupings. It was then that I started to talk to my parents to transfer me to a public school. My parents were extremely reluctant to entertain this idea. This made me feel like a failure. I was disappointed in myself and I felt trapped. Over a period of time, my parents came to appreciate my predicament. It took long and painful discussions, some fighting, and frantic begging on my part. Eventually, they let me switch schools to Hillsboro High School. Hillsboro High School is a large, independent public school with a very diverse student population. After moving from Ensworth, I no longer had the gourmet lunches. There were no large spacious classrooms and state of the art fitness centers. However, I felt truly happy at Hillsboro. The refreshing burst of diversity and realness became two key principles in finding many friends and ultimately, my self. I quickly loved the feeling of not being judged or criticized for my thoughts and

Inception of Activity Based Costing Essay Example | Topics and Well Written Essays - 2500 words

Inception of Activity Based Costing - Essay Example Activity-based costing enables reasonably accurate allocation of overheads. The activities in an organization are spread across the organizational processes and value chain. The traditional methods of costing faced severe criticism due to inaccuracies. While it is easy to apportion direct costs to individual products in a company with a wide product mix, it is difficult to apportion indirect costs to the products. Therefore traditional methods sought estimates to assign overhead costs. In the earlier paradigm, Labor costs constituted a substantial part of the total cost of manufacture. Therefore direct labour costs were used to assign the overhead costs to various jobs relating to the manufacture of products. But today there has been a paradigm shift with technology pervading the value chain replacing a large chunk of Labor by automated processes. The proportion of materials cost in many industries has augmented with the dwindling of labour costs. Similarly increasing automation and shrinking life span of machines have led to the increase in capital costs. T here has also been a concomitant increase in overhead costs pertaining to information technology and depreciation of expensive plant and machinery, maintenance and utilities in most industries. In the new paradigm, the companies found direct labour as the basis for apportionment of overheads inaccurate to capture the costs for the products. The companies, therefore, used machine hours instead of direct Labor for apportioning the overhead costs. With the growing complexity of manufacturing processes, neither direct Labor nor machine hour would suffice as bases for allocation of overhead costs to processes of products. Therefore the new circumstances demanded multiple bases for allocation of overhead costs. These factors paved the way for the evolution of activity-based costing, which uses multiple bases for overhead allocation.  Ã‚