Advance Management accounting and performance management Essay

Advance Management accounting and performance management - Essay Example Moreover, the demand will extensively rise next year due to the Olympic Games that will be hosted in the region (Heather, 2000). Therefore, a fitness club is the best business venture that can transform the Olympic Village post the Olympic Games that commence in 2012. Besides, initiating a fitness club is a fun and financially paying business that assists people get and remain strong, healthy and fit. Owning such a business enables an individual own an artistic and resourceful business in a recession-resistant field. This business entails providing fitness services, which include individual training services, and BFIT rehab, which refers to a physical rehabilitation service. The club will also sell a range of nutritional, fitness and health products. These include the company’s own BFIT nutritionals at its stores that will be exclusive in the center (Curtis, 2003). The facilities that must be present at Rollin Fitness Center include cardio training equipments like 50Kg Barbell Dumbbell set, magnum fitness flat and auto incline treadmill; strength equipments like BNRG Proto Whey 5Lbs, power rack and smith machine and bench package. Most gyms in Europe especially in UK charge ?500 to ?700 a month but to increase competitiveness, Rollin Fitness Center should charge ?450 to ?500 a month. ... Per Unit Cost Statement It is very difficult to come up with per unit cost for a fitness club since the center offers more of service than goods (Jeff, 2004). The best way to go about it is through coming up with an hourly cost statement for any person who visits the center for fitness services. Now that monthly cost is like ?500, weekly cost will be; Monthly cost/ four (number of weeks in a month) ?500/4 Weekly cost = ?125 Daily cost = ?125/7 Daily cost = 17.86 which is approximately ?18 per person Now, to determine the hourly cost for attending the gym, the daily cost should be divided by the number of hours the center operates in a day (Curtis, 2003). Rollin Fitness Center should be opened at 8 in the morning and closed at 6 in the evening which amounts to 10 hours per day. Therefore; ?18/10 Hourly cost = ?1.8 per person This is the best way to put the charges since most people like spending few hours in the gym. Besides, since the Olympic Games are around the corner, most of the participants in the Olympic Games will only afford to spend few hours in the gym and that is the best cost for them (Kirk, 2000). Seven-year Budget Income Statement Year Number of people/day Daily income Monthly income Annual income Revenue (per year) Spent on operations Total relevant income/profit 2012 50 ?90 ?2700 ?32400 ?1000 ?5000 ?26400 2013 80 ?144 ?4320 ?51840 ?1100 ?6000 ?44740 2014 100 ?180 ?5400 ?64800 ?1200 ?7000 ?56600 2015 120 ?216 ?6480 ?77760 ?1200 ?8000 ?68560 2016 140 ?252 ?7560 ?90720 ?1300 ?8000 ?81420 2017 160 ?288 ?8640 ?103680 ?1500 ?9000 ?93180 2018 180 ?324 ?9720 ?116640 ?1500 ?9000 ?106140 N/B the amount spent on operations and revenue charged

Write a research paper on the concept of jihad Thesis

Write a research paper on the concept of jihad - Thesis Example it means duty mindedness, groups interpret the same as a tool to exert their influence, individuals consider it as their duty, the U.S authorities interpret it as the influence of fundamentalism on religious belief and the reason behind terrorism, Muslim world considers it as the core aspect of their belief, and the rest of the world considers it as the reason behind religious intolerance or fundamentalism. This section of the research work is divided as: jihad, differences in meaning, for groups and individuals, implication of jihad for the U.S., implication of jihad for the Muslim world, and implication of jihad for the rest of the world. Basically, the word jihad possesses inner meaning, i.e. duty mindedness of the believers. To be specific, this word denotes the inner struggle faced by the believers while proving their devotion to the almighty. On the other side, Shia Muslims interpret this word differently because they consider that it is their duty act against the infidels in general. Gilles Kepel states that, â€Å"By designating, in the Muslim context, all efforts to propagate Islam as â€Å"jihad†, in their eyes the word comes to signify a holy war against all â€Å"infidels† who they stigmatize as such† (x). To be specific, this sect of Muslims provides importance to the violent aspect of jihad. When one provides importance to the inner struggle faced by the believers, jihad becomes non-violent. When one provides importance to the exhibition of physical struggle, jihad is misinterpreted and misunderstood as a violent act. Still, some followers consider that spiritual struggle cannot help one to be with the almighty. Then, the violent aspect of jihad gains upper hand and results in drastic after effects. When the term jihad is superimposed into the context of religious belief, one can see that the same is less violent. Then, the struggle against the disbelievers will be transformed into the struggle to transform the society. In the religious text, jihad is