No Child Left Behind Essay Example | Topics and Well Written Essays - 1000 words

No Child Left Behind - Essay Example uarantee that every child is skillful in reading skill that is directed for interpretational purpose and mathematical skills for basic and every-day actions. This is to be accomplished by the end of the session 2013–2014 as per the school year. An explanation provided by NCLB regarding this strategy involves various political domains from lower to higher authorities i.e. from schools to district and to state authorities so that children master the skills in every possible manner. This step not only will be of prime significance from the point of view of children but also it is highly imperative step for the development of the nations and therefore qualification of teacher is highly imperative for the success of the strategy formulated under NCLB. Step by step procedures are adopted for assessing adequate yearly progress (AYP) (State and Local Implementation of No Child Left Behind, II & III). No Child Left Behind Act (NCLB) is a federal law which was established in 2001 to highlight the importance of basic and higher education for every child. The major task of this law is to exhibit aptitude and advancement according to answerability criterions set by the country and accepted or permitted the Department of Education of United States (Accountability Resource Center Hawaii). The law necessitates states to execute a system that is responsible enough to measure the progress and performance of the system in development of the child. For instance, a responsible system to measure Adequate Yearly Progress (AYP) in mathematics, reading skills, contribution and aptitude. It also encompasses the way teacher teaches and how qualified the teacher is to teach and meet the standard. These accomplishments are reported annually at the individual level, school level and also at the state level (Accountability Resource Center Hawaii). NCLB was implemented as a law in January 2002 as "An Act to close the achievement gap with accountability, flexibility, and choice, so that no

Business Financial Analysis Assignment Example | Topics and Well Written Essays - 2750 words

Business Financial Analysis - Assignment Example Insurance industry has become one of the most fundamental sectors in the performance of any economy. Businesses, private organizations, and individuals all insure their products and property to shield them from recording significant losses and potential threats to going concern problem.The choice of state farm insurance has been propelled by the better ranking and the immense interests that investors have on the insurance segment of the economy. Any economic sector that fails to develop robust insurance firms and businesses are bound to record losses that arise due to the uncertain nature of operations.This paper therefore analyze the financial performance of state farm insurance, its performance in the industry, products, and leadership styles that have been pursued by the company to achieve the core objectives. State farm insurance was founded with the core object of providing insurance to the automotives of farmers before it later ventured into other services provision and increas ed its products range. The company recorded significant growth in the lifetime and is one of the top ranked companies according to the Fortune 500 Company ranking. Companies that operate in highly competitive industry must ensure continuous monitoring of their financial performance and satisfaction of the interests of their stakeholders for them to be going concern. It is for this purpose that potential investors and trhose who wish to engage in trade in the stock market will value the analysis. The use of financial ratios and other financial techniques will be involved in the analysis of the business. INTRODUCTION Insurance industry has become one of the most fundamental sectors in the performance of any economy. Businesses, private organizations, and individuals all insure their products and property to shield them from recording significant losses and potential threats to going concern problem. The choice of state farm insurance has been propelled by the better ranking and the im mense interests that investors have on the insurance segment of the economy. Any economic sector that fails to develop robust insurance firms and businesses are bound to record losses that arise due to the uncertain nature of operations. State farm insurance growth in business and operation also makes it suitable for analysis and consideration. COMPANY BACKGROUND State farm insurance was formed in 1922 by its policyholders to insure automobiles. At the early stages, the company was entirely engaged in the insurance of auto of farmers before extending their operations to cover the insurance of banking services, financial services, and life insurance (Mundy 16). George Mecherle who was a retired farmer and was interested in improving the welfare of the members founded it. The company has recorded tremendous growth of both employees and the number of company agents. State farm insurance has expanded its operations in other countries like Canada and has operations in most of the states in America (Mundy 18). State farm insurance was heavily hit by the recession in the financial sector since many policy holders were unable to pay for their insurance. The company has since recorded growth in their base and has policyholders of about 80 million people. MANAGEMENT STRUCTURE Management is the act of planning the future now. An organization that is aimed at surviving in the dynamic and competitive market must have a strong management and visionary leadership. Rust ensured that state farm mutual insurance had a well-educated staff. He believed that through training and knowledge, the employees input, and efficiency will be increased. State farm therefore incurred large amounts of money in taking their employees for further training and education. Better leadership ensured that the future could be forecasted and that risks inherent in the business were absorbed by the business. Management of state farm also motivated their staffs by giving out better packages to their emp loyees and investing heavily on talents (Millenson 45). Rust, the chairperson of the board has thus succeeded in the winning of the confidence and trust of their employees. FINANCIAL ANALYSIS State farm insurance recorded a decline in their revenue and earnings in the financial year 2011. This was attributed to the increased number claims. Moreover, the large portfolio of