Critically evaluate the above statement. Justify your answer with real Essay

Critically evaluate the above statement. Justify your answer with real life examples - Essay Example On the same token, creativity is the need for being fresh, novel and absolutely unique so that the complex stimulation comes about of age in the most apt manner. Innovation brings out the best within a phenomenon. It highlights the significant aspects that could be exploited in essence to make use of the opportunity areas and thus a new tangent is found altogether. Innovation is extremely useful, at often times it has been known as the best thing that could possibly be found. It is important to define innovation as well. It is a new way of doing a thing or a manner under which new stuff that has been made successful (Ortt, 2008). This innovation aspect might just refer to the incremental and revolutionary changes and amendments that come about within the thinking, products, processes and different realms of an organization. What can be understood from the above statement by Davila et al (2006) is the fact that creativity and innovation are different yet have some features which make the two of these look similar. Creativity is a much desired proposition, more so on the part of the people who believe in its magic. Creativity is all about communicating ideas, values, beliefs and opinions, though in differential settings, ways and means. Creativity is indeed the magic that binds people in wholly different mannerisms and it asks of them to appreciate the creative talent that a person has demonstrated for that matter. Therefore it is a very important element of bringing sanity within the ranks of different work avenues (Fredberg, 2009). Within the fields of culture and business, creativity has its most say. This is because these two areas depict the need for having creativity and thus manifest the exact basis of success in the most apt manner possible. It also goes to show that creativity will rule the roost of the cultural and business quarters if the desire is there to succeed. Within the cultural contexts, creativity comes of age when the people are relying a gre at deal on the people to people interactions. It means that their associations, linkages and relationships are being justified in such a manner that success will eventually shape up in the most appropriate way. It would not be wrong to state here that creativity under the aegis of culture would manifest success, harmony and development for all the right reasons. It would also dictate the basis of finding out the exact details which will embody cultural bonding amongst the people, making them realize as to how they can effectively counter the movements which are happening against the cultural norms (Amabile, 1996). It can also reinforce the message that the cultural awakenings are delivering on the same count nonetheless. As innovation is a deeply inherent trait and characteristic, it has got a huge role to play within the technological realms and thus make its point get across in the time and age of today. Deeply ingrained cultural meanings and depictions have stood the test of time and thus a number of definitions and explanations of both creativity and in

Debt to Equity Ratio Essay Example | Topics and Well Written Essays - 1000 words

Debt to Equity Ratio - Essay Example This essay discusses that  the calculation of the debt to equity ratio is as straightforward as its definition. The ratio is computed by taking an entity’s total liabilities and dividing it by the company’s equity. The total liabilities and equity used are got from the statement of financial position of the company on discussion. A company’s equity is the amount of capital the shareholders or owners of the business have put in the business. It is determined by subtracting the total liabilities from the company’s total assets. It is best if the debt to equity ratio is kept within a reasonable range. If the ratio is very high, it is an indication that the business can be in a financial distress and maybe in leverage problem where it can find it had to offset its debtors. On the other hand, if the ratio is to low, it implies that the company is heavily relying on the entity’s equity to finance its operations.  According to the report findings  lo ans acquired from lenders come with an interest payment, which must be paid together with the principal loan amount. The advantage of financing a company’s operation through debt finance is that the company can deduct the interest payments in its tax returns. On the other hand financing the company’s operations through equity makes the company at an obligation to earn return and increase the shareholder wealth. Company’s should therefore strike a balance between the debt and equity use to run the operations of their businesses.