Calculation of Payback Period for Investor Return

Figuring of Payback Period for Investor Return Official Summary The report only arrangements with the Accounting and Financial Management. The report has been partitioned into two expansive sorts. The initial segment manages the estimations with respect to the restitution time frame, normal bookkeeping return and earn back the original investment examination. This piece of the report additionally clarifies the different parts of the equivalent. The following portion of the report depends on the counts related with the Horizontal and vertical investigation. Further, it additionally clarifies the various examples and patterns present in the Income Statement and Balance Sheet dependent on the computations done. Presentation The essential target of bookkeeping in any business is to enable that business to make the most extreme benefit after assessment. Except if bookkeeping makes its full commitment to that objective, its expense can't be defended. In today’s industry, one of the manners in which bookkeeping pays for itself is to assist the executives with controlling tasks. Another path is to assist the executives with using its working money to the best conceivable bit of leeway. Each business has significant budgetary concerns and its prosperity or disappointment depends in a huge part on the nature of its money related choices. Powerful monetary dynamic requires a comprehension of the goal(s) of the firm. The broadly acknowledged goal of the firm is to augment the estimation of firm for its proprietors, for example to boost investors riches (MAYER, R. et al, 2005). Consequently, the bookkeeping and money related administration has become an essential piece of business in the twenty-first century. The idea of restitution period, normal bookkeeping return, breakeven examination, pattern investigation and vertical examination are significant for any business, large or little. Conversation 2.1 Problem 1 An organization is thinking about a capital task costing  £ 400,000. The business estimates, along with the gauge use are demonstrated as follows: Table 1: Sales and Expenditure Forecast Year Deals ( £) Cost of Sales ( £) Other variable expenses ( £) Fixed expenses aside from deterioration ( £) Deterioration ( £) 1 200,000 60,000 20,000 30,000 100,000 2 300,000 90,000 30,000 30,000 100,000 3 400,000 120,000 40,000 30,000 100,000 4 300,000 90,000 30,000 30,000 100,000 1,200,000 360,000 120,000 120,000 400,000 The above issue can be detailed as Income Statement as beneath: Table 2: Income Statement of the Company A long time 1 2 3 4 Deals 200,000 300,000 400,000 300,000 Cost of Sales (60,000) (90,000) (120,000) (90,000) Net Profit: 140,000 210,000 280,000 210,000 Variable Cost (20,000) (30,000) (40,000) (30,000) Income before Fixed Charges: 120,000 180,000 240,000 180,000 Fixed Cost (30,000) (30,000) (30,000) (30,000) Income before duty and devaluation: 90,000 150,000 210,000 150,000 Deterioration (100,000) (100,000) (100,000) (100,000) Overall gain: - 10,000 50,000 110,000 50,000 2.1.1 Calculation of Payback period for the Project The recompense time frame for the venture is the period of time to get your cash back (FABOZZI and PETERSON, 2003). In this issue, the organization has contributed  £ 400,000. The table underneath shows the normal incomes in the four years: Table 3: Expected Cash Flows of the Company End of Year Expected Cash Flows Gathered Cash Flows 1 90,000 90,000 2 150,000 240,000 3 210,000 450,000 4 150,000 600,000 From the table above, obviously toward the finish of Year 2, the full  £400,000 won't be repaid. We have to have some sum from Year 3 too. The sum required from Year 4 will be  £400,000 †240,000 =  £160,000. Thus, the recompense time frame is determined as: Compensation Period: 2 years + 160,000/210,000 = 2.762 years = 2 years and 9 months (Approx.) In this way, the Payback time frame for the organization is 2 years and 9 months. Figuring of the Average Accounting Return The Average Accounting Return (AAR) gauges the arrival on a speculation, after expenses and deterioration, over a predefined period. Scientifically, the proportion is equal to the normal profit less duties and devaluation, partitioned by the normal book an incentive over the term of the venture. As indicated by table 2 above, we have to discover the estimations of: Normal task procuring after expense and devaluation Normal Net Income = Sum of every single Net Income/No. Of Years = (- 10,000 + 50,000 + 110,000 + 50,000)/5 =  £ 50,000 Normal book estimation of the speculation during its life time The devaluation for every year is  £ 100,000. In this manner, the yearly book estimation of speculation is given by: Table 4: Book Values Year Book Value 1 400,000 2 300,000 3 200,000 4 100,000 5 0 Normal book esteem = Sum of all book esteems/No. Of years = 400,000 + 300,000 + 200,000 + 100,000 + 0/5 =  £ 200,000 Normal Accounting Return (AAR) = 50,000/200,000 = 0.25 In this way, the Average Accounting Return for the contributed  £ 400,000 after duties and deterioration is 25 %. Make back the initial investment Analysis for the Project One of the most well-known instruments utilized in assessing the monetary possibility of another undertaking or item is the make back the initial investment examination. The equal the initial investment point is where income is actually equivalent to costs (HOLLAND, 1998). Now, no benefit is made and no misfortunes are acquired. The earn back the original investment point can be communicated regarding unit deals or pound deals. That is, the make back the initial investment units demonstrate the degree of deals that are required to take care of expenses. Deals over that number outcome in benefit and deals underneath that number outcome in a misfortune. The earn back the original investment deals demonstrate the pound of gross deals required to make back the initial investment. Thus, an equal the initial investment can't be determined just a single time. It ought to be determined all the time to reflect changes in expenses and costs and so as to keep up productivity or make alterations in the product offering. 1 Earn back the original investment (Sales) = Total Fixed Cost/(1-Total Variable Cost/Sales) For Year 1, BEP (Sales) = 130,000/(1-80,000/200,000) =  £ 216,666.67 For the Year 2, 3 and 4 additionally same BEP (Sales) esteem came because of proportionate change altogether fixed cost, complete variable expense and deals. This figure is the degree of deals that the organization must reach so as to make back the initial investment. Once more, in the event that the organization is arriving at more than this, at that point it ought to make a benefit and in the event that it isn't, the organization won't sufficiently offer to cover the fixed costs. Along these lines, no benefits are produced using the offer of item until more than  £ 216,666.67 in net deals is created. ____________________ Source: 1, HODGETTS KURATKO,1986. As deals builds, variable expenses are brought about, implying that all out costs (fixed + variable) additionally increment. At low degrees of yield, costs are more prominent than pay. At the purpose of crossing point (all out deals and absolute cost convergence), costs are actually equivalent to pay, and thus neither benefit nor misfortune made. This purpose of convergence is known as the Break-even point which is seen as  £ 216,666.67. In the principal year, the all out deal made by the organization is  £ 200,000. Be that as it may, BEP (Sales) is seen as  £ 216,666.67. That implies, the organization is still shy of  £ 16,666.67 so as to make neither benefit nor misfortune for example BEP. In the subsequent year, the complete deal made by the organization is  £300,000. Contrasted with the BEP (Sales) which is  £ 216,666.67; the organization is presently making benefit. What's more, it keeps on doing that for year 3 and 4 too. Accordingly, earn back the original investment investigation encourages an organization to keep up gainfulness when expenses and costs changes. 2.2 Problem 2 The Horizontal and vertical investigations on budget summaries of the Geneva Palace Hotel are as per the following: Table 5: Income Statement (Horizontal Analysis) Pay Statement Geneva Palace Hotel For the Years Ending 31 December 2005, 2006 and 2008 2005 % ( 2005-2006) 2006 % (2006-2007) 2007 Food Sales Revenue  £ 1,700,500 5.26  £ 1,790,000 4.00  £ 1,861,600 Cost of Goods Sold 471,128 6.38 501,200 8.00 541,296 Net Profit 1,229,372 4.83 1,288,800 2.44 1,320,304 Working Expenses Compensations and Wages 541,654 12.36 608,600 9.00 663,374 Representative Benefits 63,008 13.64 71,600 11.00 79,476 Clothing Expenses 17,005 5.26 17,900 3.50 18,527 Supplies Expenses 52,089 3.09 53,700 3.50 55,580 Promoting 16,826 6.38 17,900 6.00 18,974 Utilities 36,860 3.09 38,000 1.50 38,570 Support 16,910 12.36 19,000 10.00 20,900 Different Expenses 38,800 3.09 40,000 1.50 40,600 All out Operating Expenses 783,152 10.67 866,700 8.00 936,001 Pay Before Fixed Charges 446,220 - 5.41 422,100 - 8.95 384,303 Fixed Charges Lease 19,400 3.09 20,000 4.00 20,800 Property Taxes 9,400 6.38 10,000 5.00 10,500 Protection 4,250 17.65 5,000 20.00 6,000 Intrigue 76,000 5.26 80,000 4.00 83,200 Deterioration 19,200 4.17 20,000 4.00 20,800 All out Fixed Charges 128,250 5.26 135,000 4.67 141,300 Inc

The Expansion of Europe and China in the 15th Century Free Essays

In the fifteenth century, the western and eastern sail innovation was practically identical. The mariner’s compass, so significant to route far out of land, was created from the Chinese charged needle of the eighth century, and it ventured out by means of land course to the Mediterranean where about the twelfth century the Europeans or the Arabs built up the genuine mariner’s compass (drifting), yet China before long got the improved model. 27 So both East and West had the mariner’s compass in the fifteenth century. We will compose a custom article test on The Expansion of Europe and China in the fifteenth Century or then again any comparative theme just for you Request Now Harsh post rudders, which are a critical favorable position over controlling paddles in guiding bigger ships in turbulent oceans, were used in China as ahead of schedule as the first century A. D. These were not created until about the fourteenth century in Europe, yet harsh post rudders were accessible to both East and West in the fifteenth century. Information on wind and ocean flows was extensively further developed in the West by the Portuguese and Dutch than by the Chinese in the fifteenth century. 8 The West likewise had unrivaled information on divine route, that bit of leeway being shared by the Arabs; the Chinese were decreased to using Islamic cosmologists and mathematicians at the Imperial Observatory, however had not stretched out heavenly work to the commonsense work of exploring starting at yet. The Arab and the Portuguese cross-staff or balestilha created in the fourteenth century, and the astrolabe for far superior estimation of the point of heavenly items in the mid fifteenth century. 29 In military innovation, both East and West had gun, shield and ponies. In outline, before the fifteenth century, the Chinese were ahead in oceangoing boat innovation, with bigger compartmented boats and proficient fore-and-rearward lugsails on numerous poles. In the fifteenth century, the Chinese and the Europeans were in unpleasant generally equality. The Chinese were ahead in transport size and body development, and the Portuguese were ahead in expressions of the human experience of route, and there was equality in sail innovation (the Chinese with secured lugsails, the Portuguese with lateen sails). Neither had an unmistakable by and large favorable position. Both were innovatively equipped for incredible journeys of revelation, commercial undertaking, and colonization. In following the turns of events, what is unmistakable is that the pace of progress in nautical innovation of the West was significantly quicker than that of the East. By the sixteenth century, the West was obviously prevalent in maritime oceanic innovation (particularly considering the relapse that happened in China because of arrangement impacts). During the fifteenth century, Europe started a procedure of nprecedented development that by 1650 had influenced all zones of the world. This was very of a worldwide inclination towards multifaceted nature among numerous human social orders. Coordinating the realms of the Aztecs, the Inca, and the West Africans were rising states on the Eurasian edges, for example, Japan or the European governments in England, France, Spain, and Portugal. In Eurasia, creating navigational innovation, alongside growing exchange, supported long o cean journeys by Arabs, Japanese, Chinese, and Europeans. However, just the Europeans connected up all the mainlands in another worldwide age, when ocean power, instead of land-based militaries, was the primary power in realm building. Abroad development was clearly related †both as circumstances and logical results †to the European change from medievalism. The Crusades and the Renaissance animated European interest; the Reformation created a great many fanatical strict teachers looking for outside proselytes and evacuees looking for strict opportunity; and the rulers of developing sovereign states looked for incomes, first from exchange with the Orient and later by abusing another world. Maybe the most saturating impact was the ascent of European private enterprise, with its financial qualities, benefit looking for inspirations, speculation foundations, and steady motivation toward monetary extension. A few antiquarians have named this entire financial change â€Å"the Commercial Revolution. † Others have utilized the expression in a smaller sense, alluding to the move in exchange courses from the Mediterranean to the Atlantic. Deciphered in any case, the Commercial Revolution and its going with European development helped introduce the cutting edge time. Instructions to refer to The Expansion of Europe and China in the fifteenth Century, Essay models

Personal Values Essay Samples

Personal Values Essay SamplesPersonal values essays are an effective method for conveying your personal feelings in writing. It is a way of expressing your thoughts about important life issues and it is also an expression of your values in writing.However, when you are trying to write a personal values essay you need to come up with a strong and original essay that is well thought out and not just a pile of thoughts. Personal values essays should be able to explain and support your points. This can be a lengthy essay that contains several separate ideas all dealing with the same issue. Such essay requires the writer to go back and forth to support his point by way of supporting evidences.Personal values essays can sometimes be overwhelming to the reader because of its length, but they can still be written in an interesting and coherent manner. Writing a personal values essay is one of the hardest things a person can do.There is a good reason why writing this type of essay is so diffi cult. First, the essay is written as a 'passive' document. The main idea is supported by the information gathered from the personal values that are found in the essay. In this case, a person needs to gather a number of evidences to support his point.Next, the idea or the facts related to the personal values should be supported by the facts of the writer's life. The essay must support the writer's thoughts by using his own ideas and experiences. By the same token, the writer has to show a well-researched argument and to make it interesting the essay must come up with a number of supporting evidences.The essay has to include the personal values in such a way that it makes sense. The essay should be well written and articulate in order to make the point. The writer needs to be able to understand how the values of others will affect him, in addition to the reader.With this information already laid out, the next step is to find a variety of personal values essay samples. A writer can use any sources, but he should be able to differentiate between the original and copywrited version. That is, if the essay sample uses the words of a famous author that is followed by the writer in the essay, then the writer has copied the word for word.Finally, the essay should be written well and there is no need to include fancy or convoluted words that might confuse the reader. In writing a personal values essay, the information should be delivered clearly and the essay must be well written. Good writing skills are a must.

The Progressive Era Of The Era - 1250 Words

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Jean Piaget s Theory Of Cognitive Development - 895 Words

Many people have contributed to the study of Psychology. One of these great contributors is Jean Piaget, a Swiss psychologist. He is mostly known for his theory of cognitive development. Jean Piaget used his own life as well of the lives of his own children to develop this theory. He believed that the thought process between children and adults were different and thus that began the process of Cognitive Development. Jean Piaget is a Swiss psychologist who was born on August 9, 1986. He is one of the most influential figures in the history of psychology. At the age 11, he had already started his career as a researcher by writing a paper on an albino sparrow (www.verywell.com/jean-piaget-biography). He continued his studies and later received his PH.D in Natural Sciences (www.biography.com/people/jean-piaget). While he was in Paris, Piaget studied newborns through adolescences. 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Human Resource Management And An Organization Essay

Human resource management is a tool in an organization, which focuses on the recruitment, management, and giving direction to the people who work in the organization. Human resource management is a vital component, which deals with issues concerned with people. Such issues include, hiring, performance management, developmental issues, safety, staff welfare, benefits and staff motivation. An organization cannot create a group of professional working staff without better human resources (Stewart, Brown, 2012, 65). The human resource management has a wide variety of functions in an organization. The first function is to recruit and train new staff members. An organization needs to update its staff members after a series of time to enhance better performance. The human resource management department owns the responsibility of coming up with strategies and plans on how to recruit new staff members. They identify the best criteria to be used during recruitment and design questions to be u sed during interviews. Human resource management department sets up the responsibilities for individuals to be recruited. Basing on the facts, the contract is also prepared for the newly recruited staff member (Stewart, Brown, 2012, 101). Aruba Marriott Resort Stellaris Casino is one of the largest hotels in the world. The only reason behind Aruba Marriott Resort Stellaris Casino’s success is the strategies in the organization. The wide benefits that the Human resource offers to theShow MoreRelatedHuman Resource Management : The Management Of An Organization1250 Words   |  5 PagesHuman resource management is the management of an organization to build and maintain the relation between the employee and the organization in order to meet business objectives and employee expectations. The process of hiring and developing employees so that they become more valuable to the organization. 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It satisfies the needs of man power and creates an atmosphere where all employees can work together to achieve the goals of an organ ization. HRM role is to plan how to recruit right people and give experienced and well trained workforce to organization. It makes plans for training and development of human resource in an organization. The main functions of Human Resource Management in an organization are given below: 1. RecruitmentRead MoreHuman Resource Management : An Organization1524 Words   |  7 Pagestougher competition, Human Resource Management has taken on roles that have intermeshed them with the company as a strategic partner rather than just an individualized operating type system focused on simple tasks. Critical to a corporation’s growth and success is their ability to gain a competitive edge. Superior Human Resource Management assists the organizations fulfill its goals and attain success. 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In orderRead MoreHuman Resource Management : An Organization910 Words   |  4 PagesAccording to Greer, Youngblood, and Gray (1999), it appears that in today’s business environment, one might argue that human resource management (HR) departments are being questioned to change what is described as their bureaucratic culture and to be customer –oriented, and provide outstanding service. Thus, in order to accomplish this, one might argue that it requires outsourcing in combination with an internal HR focus on a particular organization’s core competencies, particularly when it meansRead MoreHuman Resource Management : An Organization Essay3485 Words   |  14 PagesAbstract Human resource management plays an intricate role to at every company. The human resource profession has grown rapidly throughout the years creating multiple departments which specialize in specific areas. Categorized as a large corporation, Nestle Purina Petcare Company utilizes all functions of HR management. Having an organized and developed HR team allows the company to function and develop efficiently. There are seven main functions in which human resource management can be categorized

Cultural Competence in Nursing and Health Care

Question: Discuss about the Cultural Competence in Nursing and Health Care. Answer: Introduction Every individual belong to a distinct culture, and that culture has a profound influence on different aspects of their life. People are recognized by their cultural identity which refers to belonging to a particular social class or groups. It is the feeling of belonging to a particular group such as nationality, ethnicity, religion, social class or generation. People's accent, behavior, choice of housing, employment and relationship are all influenced by their culture. In this context of the impact of cultural identity in our life, this essay gives a reflection personal, cultural identity, values, belief and behaviours and explains how this personal attributes of an individual can have an impact on the performance of a health care practitioner. Reflection on personal family traditions, values and behaviour I belong to an orthodox Hindu family born and brought up in India. I have lived in a joint family from the beginning and due to this I have always valued the family relationship and respected my elders. My mentality has been influenced by living in a joint family and interacting with the similar mindset of people in my community. I have always accepted and respected my elder's decision in every critical point of my life. I always valued the relationship and, this is the reason that I am happily married since 12 years ago. An Indian family believes in enduring relationship and parents play a significant role in molding a child's personality. I have inherited not only the physical characteristics but also the mental features of my parent. As a joint family, I have lived with my uncle, aunt, nephew, nieces in the same household. Joint family system is a peculiar characteristic of Indian social life. In our family people participate in common worship, eating, cooking and sharing properti es. We have a socialistic community where each earns according to their capacity and contribute their family competence. Being a health professional, this mentality has also influenced my profession. I have respected and understood each patient problem and tried to provide them maximum relief from their ailment. However, this was challenging in the beginning because of interaction with the diverse culture of people. Impact of personal values on performance as health care practioner India has a diverse group of people coming from the different culture, religion and, ethnicity. The cultural beliefs also have an impact on persons overall health and wellbeing. It influences their choices in health care and the treatment that they prefer. When I first started practicing as a health care practitioner, I came with my family value of respecting elders, being humble, pure and modest. My Hindu cultural values were also intact. According to the codes of Hindu religion, I also strive to protect my innate purity by wise living, avoiding harsh language and actions and maintaining a healthy body. However, my practice as a health practitioner became problematic in the beginning because I could not understand the cultural view of people who came for treatment. Cultural competency skill is critical in health care to provide safe and standard care along with respecting patients cultural notions. It enables building a therapeutic relationship with patients and facilitates shared d ecision making in health care. I found that due to belonging to different religions, patient's compliance to treatment regimen also differed. As far as my religion is concerned, I found that due to their beliefs of karma and reincarnation, many other people and I always accepted difficult circumstances as part of their karma. I found them to comply with my instructions. In that case, it was easy to treat such patients. Due to my upbringing in a Hindu joint system family, my decisions were always influenced by elders in my family. Similarly, I found Hindu patients took decision making related to health matters after consulting elder members of the family. So I always wanted to make sure informed consent was given regarding any treatment procedure so that no chaos occurs in the later stage. However, I faced some health challenges too when I saw that they also used traditional medicines like ayurvedic medicines, home and spiritual remedies along with general medications. Though they are good, combining all types of b ringing may prove fatal in the chronic illness where immediate medical attention is required instead of spiritual remedies. Being a Hindu, I knew their beliefs regarding health care and other alternatives that they choose to provide relief from health issues. However, when I interacted and treated other patients, I felt I lacked in cultural competency skills to judge the behavior of this kind of patients. A health care practitioner who understands the views and cultural practices of different religion are better placed to provide patient-centered care without stereotyping. I needed to be aware of modesty, privacy, dietary requirement and use of medications in various cultural groups. In the case of Muslims, I found that some groups give prime importance to spiritual interventions for healing disease. They give spiritual interventions more precedence over biopsychosocial needs. From an Islamic perspective, they regard illness as part of life and perceive it as a trial from God by which their sins are removed. But there are widespread misunderstandings of Islamic belief and values. Therefore, this type of c ultural affinity towards other alternatives forms of care act as view barrier to effective health care delivery. In the case of dealing with tribal people or people from the different ethnic group, one major obstacle to health care delivery is the language. My cultural values were different from this group, and I could relate their views my views about their health care. Secondly, interaction became involved also because of different dialect and language used by this people. This experience gave me the lessons that cultural awareness and knowing cultural orientation is an important part in the delivery of safe and quality treatment to patients (Christopher et al., 2014). Implications for improvement in health care performance Cultural competency is acquired by the knowledge and interpersonal skills that allow people to interpret and work with people belonging to different cultures. My goal was also to engage in critically reflective practice and overcoming all the challenges faced while overcoming intercultural boundaries. The foremost thing in this regard was to let go of my preconceived notions and start thinking from individual patients perspective regarding illness or disease. Having the skills to work outside ones comfort zone and being able to negotiate with people having a different view about disease and healing will be necessary skills to develop to improve my performance. Cultural competence skills allow understanding of attitude and behavior of people and enable health practitioners to work effectively in cross-cultural situations (Renzaho et al., 2013). The increasing diversity of worlds population also accentuates the need for health professionals like me to deliver culturally competent nursing care. To become culturally competent, I need to first culturally aware of health beliefs and notions of individual patients. Secondly, knowing local language or dialect is also important to provide patient-centered care. Learning culturally competent care is a continuous and changing process, and this cannot be learned in one day (Truong et al., 2014). I also developed this skill after interactions with diverse groups of patients and gaining experience from those situations. Developing cultural awareness allowed me to see the complete picture regarding why people did not adhere to my medications or why they did not prefer certain treatment options (Jeffreys, 2015). It made me more conscious regarding what kind of interventions I will adopt to treat patients with preconceived notions about disease and healing process. It helped me significant ly in improving my standard of care, and it also leads to better health outcomes. I would like to give one example regarding how to meet patients cultural expectation as well as treat them for illness and health problems. This account is given relating to the perspective of Hindus and how they approach illness and diseases in life. According to the Hindu law of karma, people's life cycle goes through birth and rebirth. They see events in life as a result of their karma (Lipner, 2012).. So when I faced patient with this strong belief in karma, I encouraged family members to arrange rituals or prayers for the patients or provide them holy books to read. The purpose behind this was to make patients accept treatment regimen. They are more likely to adhere to the treatment when they are not interrupted in their cultural practices. Secondly, belief about diets is not universal for all Hindus. In such situations, my approach was always to discuss with family members regarding their belief and dietary habits. This meant in needed to ensure that their preferred food option was available in hospitals. In the Indian culture, elder persons or elder son is given the right to take important decisions in palliative care. But in western countries, the mostly patient is given the freedom to make decisions related to resuscitation, artificial hydration and nutrition and intravenous infusion. Therefore, in the Indian context, I always made sure that informed decision making in treatment was exercised by consulting important members of the family. Therefore the key competency skill gained through my experience in dealing with culturally diverse patients is gaining knowledge about different people's culture and protocols. Secondly, I also learned that critically reflecting on my culture and professional paradigms to understand the cultural limitations. I developed the proficiency to engage and work effectively in different cultural and religious context congruent to the expectation of patients and their family members (Purnell, 2012). I was serious regarding brining a positive change in my performance so that I can improve the quality of life of patients. So, the key elements that all health care professionals will require in the domain of competenct skills are valuing diversity, developing cultural self-assessment skills, being conscious of dynamic prevalent in cross-cultural interactions and making adaptations that reflect cultural understandings (Bonder Martin, 2013). Conclusion Thus, from the reflective essay on personal, cultural identity and their impact on the performance of health care practitioner, one can conclude that cultural awareness is an important part of health care delivery. The essay gave detail on personal values, beliefs and values present in an individual and this factor influences other important decisions in their life. My held my own cultural belief and understanding due to my upbringing and living in the joint Hindu family system. Through my experience and interaction with different patients in my professional practice, I identified my weakness in skills, and I came to the conclusion that I was judging people according to my own preconceived cultural notions. However, mistakes encountered during practice helped me to develop my skills and broaden my understanding of different cultural behaviour in response to treatment procedure. Developing cultural competency skills helped me to treat culturally diverse people and bring better health outcomes. Mind map Reference Purnell, L. D. (2012).Transcultural health care: A culturally competent approach. FA Davis. Bonder, B., Martin, L. (2013).Culture in clinical care: Strategies for competence. Slack. Lipner, J. (2012).Hindus: Their religious beliefs and practices. Routledge. Jeffreys, M. R. (2015).Teaching cultural competence in nursing and health care: Inquiry, action, and innovation. Springer Publishing Company. Truong, M., Paradies, Y., Priest, N. (2014). Interventions to improve cultural competency in healthcare: a systematic review of reviews.BMC health services research,14(1), 1. Renzaho, A. M. N., Romios, P., Crock, C., Snderlund, A. L. (2013). The effectiveness of cultural competence programs in ethnic minority patient-centered health carea systematic review of the literature.International Journal for Quality in Health Care,25(3), 261-269. Christopher, J. C., Wendt, D. C., Marecek, J., Goodman, D. M. (2014). Critical cultural awareness: Contributions to a globalizing psychology.American Psychologist,69(7), 645.