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Liquidity management
Money & Business

Liquidity management

...accounts payable, exceed those due to be received from debtors, the accounts receivable, plus the financial value of inventory. In these circumstances, the organisation’s creditors are, in effect, providing free finance for the business! This ideal situation is unfortunately difficult to achieve in the real world. Even for larger organisations – particularly those...
Level 3: Advanced 7 hrs
Methods in Motion: Finding a voice after Brexit
Society, Politics & Law

Methods in Motion: Finding a voice after Brexit

...account. A third question concerns our role in teaching. Brexit and Trump have amplified particular discursive frames: political correctness, expertise, liberalism, identity politics, globalisation. All serve as condensates for the mobilisation by the political right of dangerous ideas such as white strength, greatness, control, the people and the ‘other’. Such frames...
Should human conditions be classed as illnesses?
Health, Sports & Psychology

Should human conditions be classed as illnesses?

...account the wider social and psychological factors affecting their clients’ lives (see the article ‘Do we need to change the way we are thinking about mental illness?’). There is also no doubt that many service users have found relief from distressing symptoms through taking prescribed medication. Nevertheless, the mental health field has a long history of vigorous...
Is norovirus an economic threat?
Health, Sports & Psychology

Is norovirus an economic threat?

...account for over $22 billion each year. Europe nearly $8 billion. Africa over $3.8 billion. South and East Asia over $6.7 billion. And the Western Pacific region close to $9 billion. The study authors were Sarah M. Bartsch, MPH, Benjamin A. Lopman, PhD, Sachiko Ozawa, MHS, PhD, Aron J. Hall, DVM, MSPH, Bruce Y. Lee, MD, MBA. These figures probably underestimate the costs...
Systems in action: Pea canning case study
Money & Business

Systems in action: Pea canning case study

...accounted for less than 1 per cent. The new automatic factory could not be adapted to the new situation until alternative product with big sales volume could be developed, and the scale of research and development, based on the type of market analysis required to identify these, was beyond the scope of existing resources of the company either in people or in funds....
Design from the inside
Science, Maths & Technology

Design from the inside

...account of the redesign of the partitions in the cabin of the Airbus A320 using a cellular structure, which increases the strength-to-weight ratio significantly, allowing the partitions to be manufactured from less material. This resulted in a reduction of 45% in component weight, and it is reported that if this change was introduced throughout the fleet, there would be a...
A hard day at the Met Office: The BBC look for a change in the weather
History & The Arts

A hard day at the Met Office: The BBC look for a change in the weather

...account for local factors, such as hills and valleys. For UK forecasts, a large-scale model of the North Atlantic and a still smaller-scale model of the UK and Ireland alone can be embedded into the global picture, each working down to finer scales. Other meteorological services can run similar local-area models focused on the UK, but it is not a trivial task and requires...
Medicine in ancient Greece and Rome
Health, Sports & Psychology

Medicine in ancient Greece and Rome

...account for the continuing popularity of the Greek spas. Excavations of Roman towns and military forts have uncovered baths and flushing toilets. A good water supply was provided via aqueducts, although the extent to which these were associated with hygiene, in our sense of the word, remains a topic of academic debate. The first buildings for housing the sick were the...