The Role of External Auditors in Accounting Essay

The Role of External Auditors in Accounting - Essay Example To forestall moral dangers related with the auditors’ risk, the British Serious Fraud Office has forced substantial penalities for back-stabbers and cubicle crooks to close down or suspend a dubious business. Then again, examiners who are seen as blameworthy of expert carelessness may wind up confronting a money related misfortune or punishment through reformatory fines and additionally the reallocation of their permit to work on evaluating in the United Kingdom. As expressed by Michael Power of London School of Economics, â€Å"it may not be sensible to expect that examiners would be testing plans of action legitimately and raising key issues with fund executives, that isn't their activity and in the event that we need it to be their activity, at that point things would need to change considerably. The course of my remark is that we may be expecting a lot from this discovery [External Audit] as far as what it really delivers†. ... In light of the individual jobs and obligations of investors, inside and outside evaluators, the governing body, and the CEO, this report will clarify the cutoff points in the job and duties of outer examiners with regards to recognizing and controlling misrepresentation exercises in business. Job and Responsibilities of External Auditors External reviewers are experts who are recruited to direct review dependent on the principles or laws on making budget reports for the administration, a privately owned business, or a legitimate association (The Institute of Internal Auditors, 2011). As per Kwok (2005, pp. 151 †161), bookkeeping abnormalities can be made with the end goal of tax avoidance or robbery by making apparition workers, skimming of the returns, or burglary of an advantage. Explicitly in the United Kingdom, the Chartered Accountants or the Certified General Accountants are the gathering of people who are able to direct outside examining. As indicated by Poorter (2008), inspectors inside the United Kingdom needs to play out a unique obligation of care to a subject outsider. It implies that the outer evaluators are made dependable in making reasonable, just and sensible treatment to the company’s outside investors. On the off chance that outer reviewers have a coupling contract between the organization and the investors of the said organization, it is a general standard for the outside auditor(s) to satisfy his/her legal obligation as an examiner to investors all in all or as a gathering. As a standard working technique, outside reviewers are relied upon to assess the fiscal summary of another association on a yearly premise (Hicks and Goo, 2008, p. 261). After experiencing the budget report of a legislature, a privately owned business, or a legitimate association, outer reviewers are normal

Help With Writing a Thesis - Tips For Writing a Failing Essay

Help With Writing a Thesis - Tips For Writing a Failing EssayHave you ever had to write an essay and needed help writing a thesis statement? Do you know what is meant by the words 'academic essay' and how to use them properly? You need not go into the depths of the academe to get help with writing a thesis. Students in the high school and college level can usually get help with essay writing from their teacher.Before an essay is even written, he or she should decide what the subject of the essay is going to be. It might be a statement, a review of the course material, a summary of a lecture, or a reflection on the student's life. A summary essay is best for use in introductory writing courses. It may consist of a concise statement about the primary subject that explains the meaning of the lesson.When the teacher has given the students a project to work on, they will want to prepare a good research paper. This should be a worthwhile project that will allow the students to demonstrate their knowledge about the subject. The main points should be spelled out in the introduction, but there should be no stopping in the middle. This is one of the most important rules of essay writing. If the beginning is satisfactory, then the concluding part should be just as good.In order to do well in any type of writing, the student must be prepared to listen and read. Reading should always come first, then listening, before any other activity. For this reason, all of the arguments that are made in the thesis must be supported by supporting facts.The words that make up a thesis should not be used hastily, as they are not always a good idea. They should be chosen carefully, with careful consideration of what is involved with each one. Should one word be picked out for another word, it is likely that some points will be overlooked.Finally, the reader should be aware of a two-to-one time factor between the writer and the essay. The idea here is that the student should attempt to conv ince the reader, and not the other way around. Although the student should be aware of this, in some cases the student is led to believe that the essay should always be defended.When you begin to feel as if you need help with writing a thesis, it is possible to seek the assistance of a college professor or tutoring service. They can help you refine your argument, provide editing, and guide you in the correct essay formatting.Essay writing is a very complicated process. The student who is not organized and has a poor grasp of grammar can easily bog down the process. By following these tips, you can improve your academic essays.

Daniel Keyes Controversial Novel Questions for Study

Daniel Keyes Controversial Novel Questions for Study Blossoms for Algernon is a celebrated 1966 novel by Daniel Keyes. It started as a short story, which Keyes later ventured into a full novel. Blossoms for Algernon recounts to the tale of a simple-minded man, Charlie Gordon, who experiences a surgery that drastically builds his IQ. Its a similar strategy that is as of now been performed effectively on a mouse named Algernon. From the outset, Charlies life is improved by his extended mental limit, yet he comes to acknowledge individuals he thought were his companions were ridiculing him. He begins to look all starry eyed at his previous instructor, Miss Kinnian, however before long outperforms her mentally, leaving him feeling disconnected. When Algernons knowledge starts to decrease and he bites the dust, Charlie sees the destiny that anticipates him, and soon he starts to relapse too. In his last letter, Charlie asks that somebody leave blossoms on Algernons grave, which is in Charlies lawn. Here are a couple of inquiries for study and conversation of Flowers for Algernon: What is significant about the title? Is there a reference in the novel that clarifies the title?What proclamation does the novel make, legitimately or in a roundabout way, about the treatment of the intellectually challenged?Flowers for Algernon was distributed in the mid-1960s. Are Keyes sees on mental inability and insight dated? Does he use terms to portray Charlie that are not, at this point considered appropriate?What sections could have been justification for prohibiting Flowers for Algernon (as it was a few times)?Flowers for Algernon is whats known as an epistolary novel, told in letters and correspondence. Is this a successful procedure for indicating Charlies rise and decrease? Why or why not? To whom do you think the letters and notes Charlie composes are written?Is Charlie reliable in his activities? What is one of a kind about his situation?Consider the area and timeframe of the novel. Would transforming one or both have changed the story significantly?How are ladies dep icted in Flowers for Algernon? What might have been diverse about the story if Charlie had been a lady who experienced such a dubious medical procedure? Are the specialists who work on Charlie acting to his greatest advantage? Do you think Charlie would have proceeded with the activity in the event that he recognized what a definitive result would be?Several distributers dismissed Flowers for Algernon, requesting Keyes modify it with a more joyful completion, with in any event one proposing Charlie ought to wed Alice Killian. Do you feel that would have been a wonderful end to the story? How might it have influenced the trustworthiness of the storys focal theme?What is the focal message of the novel? Is there more than one good to the account of Charlies treatment?What does the novel propose about the association among insight and happiness?What sort do you think this novel has a place with: ​Science fiction or frightfulness? Clarify your answer. Here are some extra connects to improve your gratefulness and comprehension of Flowers for Algernon

Go Ask Alice - 2576 Words

Psychological Issues of Addiction amp; Compulsive Behaviors Memoir Report and Review Psychology Introduction Go Ask Alice is a 1971 book about the life of a troubled teenage girl. The book continues its claim to be the actual diary of an anonymous teenage girl who became addicted to drugs. Beatrice Sparks is listed as the author of the book by the U.S. Copyright Office. The novel, whose title was taken from a line in the Grace Slick, penned Jefferson Airplane song White Rabbit, go ask Alice/when shes ten feet tall, is presented as an anti-drug testimonial. The memoirists name is never given in the book. Revelations about the books origin have been a cause of doubt as to its authenticity and factual accounts, and the†¦show more content†¦She is then introduced to marijuana and is now using as well as selling it. She then finds herself in what will turn out to be a heart breaking betrayal; when she finds out the truth about Richie’s secret affair with Ted. As time pass, Chris and Alice decides to flee San Francisco and vows to turn Richie in and stays sober with Chris. She gets to San Francisco where she and Chris both find jobs to support themselves. She also matures within this time frame, learning about her sexuality. However, she has not have sex sober yet. Beneath Alice’s psychedelic adventures is her continuing desire to find someone with home she can have the same open, loving relationship she once had with her family. Her shifting emotions concerning her family were the major cause for her departure, yet she longs for them in San Francisco. November 23rd- End of Diary One Alice has now passed through her by trail by fire, and she feels like an adult from the way others treat her as an individual. She declares â€Å"I am somebody: but her real maturation is not from how others respond to her, but from wise reflections on what it means to survivors the troubled times of adolescence. She is not completely ready to accept her past, she wants to repent for her sins, but she also wishes she could push her nightmares in the back of her mind. Alice finally gains enough absolute experience and converse more honestly with other runaways in this section to understandShow MoreRelated Go Ask Alice Essay2419 Words   |  10 Pages Go Ask Alice nbsp;nbsp;nbsp;nbsp;nbsp;Have you ever had a problem? Im sure you have because everybody sometime in there life does. 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Throughout the book, she battles with her addiction, and she eventually dies because of it. When she first tries drugs, it was accidentally. She doesn’t really go out looking for it, she gets surprised by it. On page 35 it says, â€Å"I sort of asked Jill what happened andRead More Go Ask Alice Essay example1005 Words   |  5 Pages Go Ask Alice! Alice is fifteen, white, middle, class. She diets, she dates. She loves Roger but the most time he doesnamp;#8217;t notice her. If she would ever sleep with a boy she would sleep with him. Alice hates her look. She wants to be pretty and slim. Lately she loses fascination about all things. School is boring and she doesnamp;#8217;t even go to parties. Her parents want to move. Her Dad is invited to become the Dean of the Political Science at - . Alice is happy and is not hard forRead MoreEssay about Go Ask Alice818 Words   |  4 Pages Go Ask Alice, written by an anonymous author, is a diary kept by a fifteen-year-old drug user. The author, through this book, doesn’t wants his readers to look for advise in it, but to learn about the real world in which some teenagers have to live through. Alice, the main character, made the worst mistake ever and radically changed her life around to fit in with the crowd . She is soon exposed to drugs, sex and violence. It is a battle that Alice can win, but sometimes as much as youRead MoreGo Ask Alice Is Written By An Anonymous Author Essay1234 Words   |  5 PagesThe novel Go ask Alice is written by an anonymous author and is based on a diary kept by a conventional teenager who then turns into a suicidal drug addict. What happens to Alice at one unsavoury party changed her life forever. She is invited to Jill’s party, someone she doesn t know well, where her drink is unknowingly spiked with LSD. Not long after that Alice amassed a dependence on drugs, for example she was unable to last even a few days sober. The author of the diary, Alice, has a raw styleRead MoreBooks Like The Harry Potter Series, Go Ask Alice, Or The Hunger Games1417 Words   |  6 Pagesa banned book consist of, is it drugs, sex, racial issues, or witchcraft? The answer is it could be all of the above. Chances are, you have once read and maybe even declared a banned book your favorite book. Books like the Harry Potter series, Go Ask Alice, or The Hunger Games series are all on the banned book list. These books are often removed from schools or public library shelves. â€Å"For many years, American schools have been pressured to restrict or deny students access to books or periodicalsRead MoreAlice In Wonderland Identity Crisis Essay1204 Words   |  5 PagesCarroll Alice Adventures in Wonderland is a story that every child wanted to read in the Victorian Era. The education system of the Victorian Era limited the thoughts, speech and actions of individuals. People were the product of the Victorian society in which they were raised. Victorian novelists highlighted this in the books that they wrote. It contributed to the identity crisis of the Victorian Era in which children were affected. Victorian society discourages the use of imagination. Alice AdventuresRead MoreThe White Rabbit Character Analysis971 Words   |  4 PagesCharacters Alice is a curious young girl, and when she gets herself in trouble, she has the intelligence to get herself out. Her curiosity takes her to countless places in wonderland and allows her to meet many interesting characters. The story opens with Alice’s sister reading Alice a book under a tree. Alice’s sister has no discernible personality or character traits, but is very fitting as she is not a whimsical character from wonderland, and therefore sets reality as boring, so wonderland contrasts

Tu Quoque (Logical Fallacy) - Definition and Examples

Tu quoque is a type of ad hominem argument in which an accused person turns an allegation back on his or her accuser, thus creating a logical fallacy. In the English language, the phrase  generally functions as a noun, however, its also used attributively to modify other nouns, as in a tu quoque  argument. Fast Facts on Tu Quoque Pronunciation: tu-KWO-kwayDerivation: From the Latin for you too or youre anotherAlso Referred to As:The you too fallacyThe two wrongs fallacyThe pot calling the kettle black fallacyThe look whos talking fallacy Example I It is clear that a tu quoque response to an accusation can never refute the accusation. Consider the following: Wilma: You cheated on your income tax. Dont you realize thats wrongWalter: Hey, wait a minute. You cheated on your income tax last year. Or have you forgotten about that? Walter may be correct in his counter-accusation, but that does not show that Wilmas accusation is false.—From Critical Thinking by William Hughes and Jonathan Lavery Example II Recently, we highlighted a British journalist’s story about the underside of Dubai’s startling ascent. Some in Dubai called foul, including one writer who wants to remind Britons that their own country has a dark side. After all, what to think of a country in which one-fifth of the population lives in poverty?—From Dubai’s Rebuttal, The New York Times, April 15, 2009 Example III The tu quoque fallacy occurs when one charges another with hypocrisy or inconsistency in order to avoid taking the others position seriously. For example: Mother: You should stop smoking. Its harmful to your health.Daughter: Why should I listen to you? You started smoking when you were 16! [Here], the daughter commits the tu quoque fallacy. She dismisses her mothers argument because she believes her mother is speaking in a hypocritical manner. While the mother may indeed be inconsistent, this does not invalidate her argument.—From Informal Logical Fallacies: A Brief Guide by Jacob E. Van Vleet A Broader Definition of Tu Quoque   The tu quoque argument or you too argument, according to the broader account, can be described as the use of any type of argument to reply in like kind to a speakers argument. In other words, if a speaker uses a particular type of argument, say an argument from analogy, then the respondent can turn around and use that same kind of argument against the speaker, and this would be called a tu quoque argument . . .. So conceived, the tu quoque argument is quite a broad category that would include other types of argument as well as ad hominem arguments.—From Ad Hominem Arguments by Douglas N. Walton   The Childish Response Of all human instincts, not even the urge to say I told you so is stronger than the response called tu quoque: Look whos talking. To judge from children, it is innate (Cathy says you took her chocolate, Yes but she stole my doll), and we dont grow out of it . . . France has led calls for pressure to be put on the Burmese junta at the security council and through the EU, where foreign ministers discussed the issue yesterday. As part of the push, it has tried to enlist a recalcitrant Russia which, conscious perhaps of Chechnya, has no great wish to be seen criticizing anyone elses internal affairs. Hence a Russian ministers response that the next time there were riots in France he would refer the matter to the UN. This reply was at once childish, irrelevant, and probably very gratifying.—Geoffrey Wheatcroft, The Guardian, October 16, 2007 Sources Hughes, William; Lavery, Jonathan. Critical Thinking, Fifth Edition.  Broadview. 2008ï » ¿Van Vleet,  Jacob E. Informal Logical Fallacies: A Brief Guide. University Press of America. 2011Walton, Douglas N. Ad Hominem Arguments. University of Alabama Press. 1998

Carbon Trading Prices and Taxes Example

Essays on Carbon Trading: Prices and Taxes Assignment ï » ¿Carbon Trading Part 1: The supply curve shifts left from S1 to S2. Price increases from P1 to P2. Quantity decreases from Q1 to Q2. Part 2: Carbon Tax A carbon tax approach to reducing emissions has three advantages over cap and trade. It is simpler to implement, has predictable costs and raises revenue. A carbon tax can be put into place with the few producers of fuel rather than having to tax the many emitters of greenhouse gases. A tax has a predictable effect on prices, so firms can plan for the increase in price. Lastly a tax raises revenue that can then be used for investment in new efficient technology. Cap and Trade A cap and trade system has three advantages over a tax. It caps emissions at certain levels, allows the market to price those emissions, and gives all firms a profit incentive to reduce emissions. A cap sets a clear level of emissions, thus emissions targets can be met. Finally, firms can profit by investing in efficiency and selling the credits on the market. This creates an incentive to find cost effective technology for emissions reduction. Analysis A carbon tax and cap and trade seek to do two things. Put a cost on emissions and reduce them. Both plans increase costs for firms but only one directly addresses the externality of emissions. I think cap and trade is a better solution. It directly reduces the externality and then lets the market set a price on that externality. This creates an incentive to create new technology and avoids firms cutting costs in other areas while continuing to produce emissions. Problem The firm is emitting 1000 tons more greenhouse gasses than it has credits for. The cost to reduce emissions by 100 tons is $250,000. Calculate reduction cost per ton of emissions: $250,000/1000 tons = $250/ton. Each ton of emissions has a cost of $250. If credits on the market sell for less than $250, then the firm should buy credits. If they sell for more than $250, the firm ought to invest in efficiency. References â€Å"Putting a Price on Carbon: An Emissions Cap or a Tax?† Yale Environment 360. Web. May 7, 2009.

Software Product using Fuzzy Quality Function Deployment

Question: Describe about the Software Product using Fuzzy Quality Function Deployment. Answer: Introduction Apple being a pioneer in computer and Smartphone technology has an opportunity in front of it in the wearable devices area. To complete the iOS ecosystem, wearable devices needs to be introduced in the existing portfolio of Apple where the device will bridge the gap between the lifestyle of the users and the analytical side of the data generated from the lifestyle. The new device in the portfolio of Apple will work on the similar lines of Fit bit jawbone and Garmin Asus fitness bands where the device will be equipped with the capabilities of tracking the vitas of the users, sleeping patterns, activity level, and connectivity with the existing Apple devices and other accessory functions (Bhatia Sharma, 2015). The band will be equipped with the basic functions of monitoring calls, texts, emails and other push notifications that a smartohone is capable of through mediums such as vibrations/ sound.Aesthetically, the band will have a touch screen, which can be tapped onto to navigate through pages on the device with each page leading to a separate functionality (Bendoly, BharadwajBharadwaj, 2012). The Apple device will have GPS, which can let the user track themselves, over any terrain through their smartphones or any other Ios capable device. The heart rate monitor on the band will let user know the rate at which the body is working and will notify in case the heart rate dips or exceeds the safe limits. Being a Wi-Fi enabled band, it will automatically sync all the user data onto the Apple devices at a convenient time of the day so as to allow further data processing to generate insightful leads on the lifestyle of the user (Cui, Chan Calantone, 2014). The Apple band will be called the I- run and will have a 24/7 wear ability with dust and water resistance at all levels. Personalized goals that the user wants to achieve such as daily calorie burn, daily distance to be covered or even daily medicine intake can be programmed onto the device through a simpleapplication on I-phone, I-pad or Mac book and can be altered any time. The device is true gap filler between the technological capability of Apple and the lifestyle requirements of the users and can prove out to be a game changer in the fitness wearables market. The I-run will be available in 7 colors with interchangeable band so as to allow users to switch bands as per their choice (Creusen ,HultinkEling, 2013). Importance of process design on the product Process design in the Apple fitness band I run holds utmost importance in cutting through the competition that the electronics industry has nurtured over the years. A unique process design can not only deliver creative satisfaction to the manufactures of the product but can also pay the company financially through intellectual property rights on the design (Frankenberger, Badke-SchaubBirkhofer, 2012). Apple has been known as a company, whichcapturescreators and delivers a unique value proposition to its customers through intensive research and development of its products and associated services (DjelassiDecoopman, 2013). The process is very crucial for the overall success of the company as through its design sensibilities, Apple has been able to put itself on the global electronics circuit. The company follows a 10 to 3 to 1 approach where the designs of the company makes 10 good designs over period of months and then they zero onto 3 good designs which finally lead to a single str ong design (Fung, 2014). Apple has a philosophy that the strongest design emerges from this strategy and is important for the Apple I run fitness band and other Apple products in general as the process helps the company churn out the best product which is competent enough to fight against any product in any product/service class. The process is of utmost importance as from concept to the actual design of the product gives Apple a visual aid to determine the right features, characteristics and aesthetics for the product. Also it is important as most of the designs are eliminated and the real issues inherent in any design comes to life which can be eliminated in further processing. A key important aspect of process design is that it helps the company to better service the product that customers own. With a keen bent on the design, a robust process can churn out products that require minimalistic to zero servicing. This has been evident from Apples way of servicing its customers around the globe with less servicing time and easy procedures to service the product back to the customers. Overall aim and objective of the product By carefully analyzing the process design of the Apple I-run fitness band, it can be stated that the overall aim of the product is to bridge the gap between the fitness and lifestyle requirements of the customers and the technological capabilities of the apple products. The main objective at hand of I-run fitness band is to provide a data driven solution and tracking device to the customers, which can analyze and project the data collected from the lifestyle of an individual in a comprehensible manner. Fitness being promoted up in the priority list of customers have given rise to the I-run fitness band which not only will help the customers understand their lifestyles in a detailed fashion but will also help them progressively set daily marks to reach out to their ultimate fitness goals. Technology is made to come into play through the I-run fitness band which will serve as an interface between the daily human activities and the technological capabilities which can derive meaningful insights from the data generated (Oehmen et al.,2014). Stages of product The schematic design and production process is given below while a detailed actual process will follow after this process design. Defining the product This is the foremost stage in the process design of the Apple product and is pervasive across all the products. This stage is of importance to the company as through his stage the company strategizes on the possible avenues of entry into the mainstream customer base. Apple has been able to innovate through defining the customer needs over and over again which has led to tremendous success of the company (Drucker, 2014). Idea generation This stage is very crucial for the overall success of the company as through its design sensibilities, Apple has been able to put itself on the global electronics circuit. The company follows a 10 to 3 to 1 approach where the designs of the company makes 10 good designs over period of months and then they zero onto 3 good designs which finally lead to a single strong design (Fung, 2014). Apple has a philosophy that the strongest design emerges from this strategy and is important for the Apple I run fitness band and other Apple products in general as this stage helps the company churn out the best product which is competent enough to fight against any product in any product/service class. This stage of process design is useful to zero onto the best design both ergonomically and functionally and through methodical elimination, Apples chances of success increases exponentially (Gmelin, Seuring, 2014). Prototype This stage of Apples process design is also known as pixel perfect prototyping where the company creates working models known as prototypes of the idea/s that the company zeroed on (Gustafsson, Herrmann, Huber, 2013).This stage is of utmost importance as from concept to the actual design of the product gives Apple a visual aid to determine the right features, characteristics and aesthetics for the product. Also this stage is important as in this stage most of the designs are eliminated and the real issues inherent in any design comes to life which can be eliminated in further processing. Apple being a pioneer in design lays special focus on design as well as functionality of its products and hence prototyping stage comes into picture. Apple new product process (ANPP) Apple new product process (ANPP) is the step by step book that is a blueprint to getting the final product done from scratch (Han, KuruzovichRavichandran, 2013). It involves al the processes inherent in the product manufacturing and helps in coordination between the engineer and the designs of the products. The I run being no different from its siblings in the apple product portfolio works on the same manufacturing principle. This strategy is important from the manufacturing point of view as a fixed line of command helps avoiding chaos in the system and enables streamlined process of manufacturing of I run fitness band (Holahan, Sullivan Markham, 2014). Analyzing the product This is the final stage in the process design of Apple where the company rolls out the product in the market and gets feedback on the functioning and other features of the product. This stage is useful in final improvisations in the product and is also instrumental in fine-tuning the fitness band to the tastes and actual needs of the customers (Loonen et al., 2014). The actual process of I-run fitness band development can be demonstrated as follows: Feasibility study I-run fitness band has a huge market potential with the fitness being promoted as the primary driver in many products. Garmin asus, Sony Samsung, Xiaomi as well as Goqii are some of the prominent brands in the market which have brought their offerings to the customer in form of fitness bands. The device serves, as an interface between humans and machines and it is right to state that wearable devices are the future of electronics. The industry of wearable devices is nascent in its cycle, which makes it imperative for apple to enter the market before any player dominates it. The demand for fitness bands is ever rising among health conscious customers and the market is expanding in developed economies as well as emerging markets (Yeniyurt, HenkeYalcinkaya, 2014). Planning This stage of Apple I-run fitness band is characterized by the drafting of the plan necessary for the design, building and manufacturing of the device. This stage encompasses all the strategic groundwork such as financials, operational feasibility as well as the probable success of the device in the future. Issues such as the cost- benefit analysis of the product and the chances of increased sales of other products with the launch of this product are also discussed in this part of the process (Laroche et al., 2012). Design phase This phase looks at the design process of the product where the Apple device will be scrutinized at every step to arrive at a perfect combination of product features. This stage is also important from the aesthetics and functionality point of view as Apple is perceived to be the pioneer of product designs and spectators look forward to design inspirations from its devices the designs that are created for the band are eliminated at every stage to arrive at the best possible mix of features, ergonomics and visual appeal (Marion et al., 2015). Release The product is then finally launched in the market through Apples signature events where Tim Cook introduces the product to the market. At this stage, the overall mood of the customers is gauged and any final adjustments are made to the product depending on the intensity of feedback from the prospective customers (Red et al, 2013). Production At this stage the Apple I-run fitness band are finally produce through the companys manufacturing partner- Foxconn which takes the ANPP from Apple and gives the final product in bulk to the company (Wu, Tseng Chiu, 2012). Maintenance Finally all the faults that may arise in the Apple I-run fitness band are taken care of at this stage and alterations in the product are made depending on the priority of the issues in the product. New variants are also introduced in this stage of the product development process depending on the tastes of the customers. Analysis of the impact of performance objectives on the design Apple I-run fitness band needs to be scrutinized against the five performance objectives quality, speed, dependability, flexibility and cost so as to have a holistic view of the performance of the final product to be rolled out in the market. Quality Quality performance objective refers to the degree to which Apple I-run fitness band conforms to the specifications. Apple being a forerunner in electronics produces high quality products which are backed by high order of research and development activities. Apple I-run fitness band is a high quality device, which emerges ahead of its peer in terms of its performance and ruggedness. The company has invested thoroughly in terms of design sensibilities and performance requirements. Dependability Apple being a trusted vendor will be able to deliver Apple I-run fitness band to its customer right on time and the agreed prices. The Company has been able to consistently roll out its products in all the markets globally at almost same price structures, whichare indicative of the distribution structure stability of the company (Nwogugu, 2015). Flexibility Apple has flexible production lines owing to the technological edge that the company commands. The Apple I-run fitness band production lines are supposed to be made in such a manner that they can accommodate different variants of the product in its lines efficiently. Not only will this strategy yield better products with tried and tested production line but ill also lower down the production cost of the Apple I-run fitness band (Sosa Marle, 2013). Speed Apple is able to roll out its product at a fast pace and going by the past trends Apple I-run fitness band will be in the markets in less than 2 weeks from the launch date. The concept to product time for I-run fitness band is very short which the company can capitalize in future. Cost With more variants of Apple I-run fitness band launched by the company, the incremental per unit cost will rise and vice versa. However, with fewer variants, the company can increase the volume of production of the devices and can significantly lower the cost of production of Apple I-run fitness band. References Bhatia, S. M., Sharma, A. K. (2015). 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