The Transition From The Industrial Revolution - 1777 Words

A century ago, people would have to use typewriters, large machines and carriages to travel, communicate or sell their products. Now, people can quickly snap out their smartphones with ease and exchange information virtually for their individual needs. The transition from the industrial revolution which lasted from 1760 to 1840, to the information age (late 1950s to current time) has transformed US society because internet technology makes people emotionally isolated in real time. Throughout these two ages of immense change, people’s universe of obligation has altered because society has shifted from the focus of specialized communities to a more global environment . These changes in how society communicates has led people to perseverate†¦show more content†¦There wasn t much ability to converse online since there wasn’t access to fast-working phones or rapid, accelerated computers that sent emails in seconds. In February 15, 1946, John Mauchly and J.Presper E ckert invented the first computer. Later, the development of the personal computers like the Commodore PET and Apple II(both in 1977) gave individuals an easier time going to the internet. The internet has captivated people because it easily gives men and women the ability to share . However, the capacity of the internet that allows us to do virtually anything we want has isolated people since we are too focused on how people perceive us on social media. For instance, Essena O’Neill, a model who quit social media said in a youtube video, ‘I’m doing this because it’s a wake up call. I taught myself that when I had heaps of views people would view ME. I will feel valued.I will feel happiness. I don’t even know what is real.I have let myself be defined by something that is so not real. Turn off your phone. Go somewhere. Do something you love and then talk to the people that are also doing that as well.’ However, she realized that her appearance on screen was not the real her. She put makeup on the part of her face that had acne, so, people would view her as beautiful and alluring. However, she now feels that she is

Don t Dwell On The Inner Darkness Of Yourself - 887 Words

â€Å"Get action. Seize the moment. Don t dwell on the inner darkness of yourself† (TR, An American Lion) We mourned the death of President William McKinley in 1901 after being assassinated. It was my fate of becoming the youngest President to take the office. Many people questioned my bold personality some accused me of bigotry. Me? Teddy Roosevelt? I prefer to be known as â€Å"TR†, the President to be known in history (1901-1909) as â€Å"The American Lion.† Our new President brought passion and power to the office, courageously leading the American people and Congress toward progressive reforms in history. Presidency power should be utilized to fight for what’s right, in taking any action necessary for the good of the people. I didn’t once agree with anyone abusing of any power, but I will expand my executive power when necessary. Corruption between government and businesses was about to be reminded of a Presidency’s power. Infuriated by the greed of wealthy businessmen creating an unbalance of power, when I â€Å"TR† am the only person with such power. Our progression movement of reforms in the 19th – 20th century is about to make it way! Empowering the people meant giving individuals a â€Å"square deal† of greater economic opportunity. Our plan to help the public people did nothing but pissed off the wealthy businessmen; they called me â€Å"un-American†. 1902 Coal Strike of Pennsylvania of mine workers demanded higher wages and shorter work hours. â€Å"This strike needed to come to an endShow MoreRelatedSubliminal Advertising and M odern Day Brainwashing6639 Words   |  27 Pagesadvertisers has had no effect in curbing the use of subliminals. In this Information Age, it seems people are no longer in control of the people. The ones in control are the ones with knowledge (as usual). In this case, the advertisers have it; you don t. Until now. Foreword Advertisements bombard every minute of our lives. The advertising industry has penetrated into every aspect our this society. When I wake up in the morning, the first thing I hear is my radio blaring out the latest ad forRead MoreLooking for Richard Transcript11989 Words   |  48 Pages O, he hath kept an evil diet long. You shouldnt have to understand every single word. Why? Do you understand every...? I mean, its not important. It doesn t matter. As long as you get the gist of it. Just trust it. Youll get it. And if he were dead... ...what would betide on me? No other harm butRead MoreIgbo Dictionary129408 Words   |  518 Pagesspeech (occasionally this is carried over into English so that quarter /’kwÉ”:tÉ™/ is pronounced [’xwÉ”ta])9. 4. Alphabetization and arrangement The alphabetical order is as follows: a b ch d e f g gb gh gw h i á »â€¹ j k kp kw l m n nw ny Å‹ o á »  p r s sh t u á » ¥ w y z high tone (unmarked), step tone ( ¯), low tone (`). It will be observed that the order here is strictly alphabetical, in that dotted letters follow their undotted counterparts (e.g. á »â€¹ follows i) and double letters (digraphs) follow single letters

Quazi Free Essays

string(38) " to invest and produce more products\." African Journal of Business Management Vol. 5(27), pp. 11005-11010, 9 November, 2011 Available online at http://www. We will write a custom essay sample on Quazi or any similar topic only for you Order Now academicjournals. org/AJBM DOI: 10. 5897/AJBM11. 326 ISSN 1993-8233  ©2011 Academic Journals Full Length Research Paper Impact of working capital on firms’ profitability Hassan Aftab Qazi1*, Syed Muhammad Amir Shah2, Zaheer Abbas3 and Tanzeela Nadeem4 1 University of Central Punjab, Lahore 1-Khayaban-e-Jinnah Road, M. A. Johar Town, Lahore, Pakistan. 2 Illama Iqbal Open University, Islamabad, Pakistan. 3 Islamic International University, Islamabad, Pakistan. Accepted 20 April, 2011 The correlation between working capital and profitability of firms is analyzed for the management of cash cycle management. Working capital is made by the three important factors, debtor, creditor and stock. When we include cash conversion cycle (CCC) to working capital then it becomes working capital management (WCM). Two sectors are selected as a sample size: automobile and oil and gas sector. The time period is from 2004 – 2009. Different variables affecting the profitability of firms are selected. In this study, networking capital, inventory turnover in days, average account receivable and financial asset to total assets (FATA) are taken as independent variables. The result shows positive movement of working capital (WC) on firm’s profitability. R shows the fitness of the model which is 49. 95%. The independent variables explain 49. 95% of the model. Key words: Working capital management (WCM), cash conversion cycle (CCC), account receivable (AR). INTRODUCTION A good number of firms have put sufficient cash in working capital. Working capital management (WCM) is an important factor of financial management (FM). Debtor, creditor and inventory are the major components of working capital (WC). Large stock and trade credit policy can increase the sales volume. Inventory is the main part of the working capital. Increase in the inventory will give decrease in the risk of stock out. Inventory is done for fulfilling the demand of the public. Inventory is the liability of the company to sell it. The other element of working capital (WC) is accounts payable (AP). Firms can check the quality of the products provided by the producer by giving them late payment, whether it is suitable for the firm or not. Late payments create very bad impression of the firm in the market. Accounts receivable is also the major part of the working capital. Delay in the days of receivable creates more complication for the company. Working capital management is still taken lightly by some companies. It works as a key to free the cash from stock, accounts payable (AP) and accounts receivable (AR). To deal with the less important aspects of efficient and effective Working Capital (WC), firms can sharply reduce the out sourcing and they can save the money for future investment or opportunities. This can create more financial flexibility and increase the worth of the firm by reducing capital employed (Buchmann and Jung, 2008). This study basically focuses on the long run financial decisions, future investments and allocations of funds, dividends and valuation of the firm in the stock market. However, balance sheet components assets and liabilities are significant in short term planning and they need to be carefully analyzed by the firm. Short term assets and liabilities are managed carefully by working capital management (WCM) for the growth of the firm’s profitability (Smith, 1980). For creating good worth of the share in front of shareholders, firms have to manage working capital efficiently and effectively. Working capital management process starts from the purchase of raw material up to the sales of the goods. It creates significant impact on the profitability and liquidity of the firms (Shin and Soenen, 1998). Net working capital (NWC) and gross working capital (GWC) are the two major concepts of working capital (WC). The total current assets and *Corresponding author. E-mail: mac_hassan174@hotmail. com. Tel: +92-42-35880007 or +923334604314. 11006 Afr. J. Bus. Manage. orking capital (WC) can be replaced as a Gross working capital of the firm. By subtracting Current Liabi-lities from Current Assets it becomes Net Working Capital. Net working capital (NWC) can also be used to measure the liquidity but it is not useful when firms are compared with each other regarding performance, but useful in measuring the internal control of the firm. The net working capita l helps to compare the liquidity of previous record of the firm performance. The main purpose of the working capital management (WCM) is to make the sustainable level of the working capital (WC) which is favorable for the firm. Net working capital (NWC) is the part of the currents assets which is main-tained through funds having maturity life more than one year. Current assets represent the source of short terms funds. If the firm has less short term funds then it is supported by long term funds and sustains the firm value and market share price. This is very useful for the ana-lysis of trade between profitability and risk in the shares of the firm. Positive working capital (PWC) and Negative Working Capital (NWC) are the two possible signs. Positive working capital (PWC) is the sign of firm healthiness. Positive working capital (PWC) means that firm have the ability to pay the liabilities which maturity date are less than one year of the firm on due date. Positive working capital (PWC) is calculated by comparing Current Assets (CA) by current liabilities (CL). Negative Working Capital is the sign of firm weakness. Negative working capital means that company does not have the ability to pay the short term liabilities. When the Working Capital (WC) shows negative sign, it indicates long term funds support the short term funds and firm can easily pay the obligations on due date and save the value or worth of firm in the market. But in the different case, firm declining means bankruptcy. If declining working capital ratio continues for longer period then it can affect the firm value. If the firm efficiency is more in the operation, the more increase in working capital (WC). It can be analyzed by comparing the operation of working capital (WC) periodically. Working capital is raised from profits or outsourcing. Outsourcing means when there are more sales in the season but the firm is not able to invest and produce more products. You read "Quazi" in category "Papers" From outsourcing, more liabilities arise but on the other way from investing more, revenue will generate from more sales and it will increase the assets of the firm. Working Capital Management (WCM) has its impact on profitability as well as liquidity of the company and the primary goal of a company is to increase the annual revenues. Keeping the company liquid is an extremely main task also. Increase in company profitabiliy by reducing the liquidity of the company can bring some serious problems for it. Goals cannot be ignored at any cost because each individual goal has its own importance. If goal of maximizing the profit is gnored, survival is not possible for a longer time. Similarly, if liquidity objective is ignored, insolvency or bankruptcy could be faced. Because of these bases, proper attention should be given to Working Capital Management (WCM) which affects the companies profits and through this, it will show the effect of the Working Capital (WC) on profitability (PRT). T he research problem of this study is: does working capital have significant impact on profitability of a company? The objective of this reseach is to find out the correlation between working capital and profitability (PRT) through statistical analysis of a sample of listed companies. The purpose of this research is to analyze the impact of traditional working capital policies (WCP) on the profitability (PRT) of the firms, to analyze whether Working Capital Policies (WCP) can become stable over a long run-up and to draw a conclusion about the impact of working capital on the profitability of companies. LITERATURE REVIEW A significant portion of financial research is concerned with the Management of working capital (MWC). This issue has been investigated at both theoretical and empirical levels. Different researchers have worked on working capital from different perspectives and in different economic environment. The environments and perspectives are discussed in detail in this work. This paper is conducted for the association between working capital (WC) and value creation for shareholders. Working capital has three parts. First, account receivable; second, account payable; and third, inventory. Account receivable is a part of balance sheet, placed in the Asset Side (AS) and it is the inflows of firm. Account receivable is maintained when a company makes sales on credit bases. Account payable is also the part of the balance sheet, placed on the liabilities side and also the outflows of the firm. Account payable is maintained when a company do sum expenditures on the credit bases and make a payment on different terms. Inventory is maintained for generating the revenues from sales. The standard measure for working capital management (WCM) is cash conversion cycle (CCC). Cash conversion period reflects the time span between disbursement and collection of cash. Cash Conversion Cycle (CCC) is based on three components: number of days of account receivable, number of day of accounts payable and number of day of inventory. It is measured by the sum of inventory conversion period less payable conversion period. Different researchers use the name like net trade cycle for calculating the Working Capital Management (WCM). In this, every component is calculated in percenttage of sales (Soenen, 1998). Qazi et al. 11007 In Marc’s view most firms invest cash in working capital (WC) and it shows that the management of Working Capital leaves good impression on the Profitability of firms. Similarly, firm’s Working Capital Management (WCM) is a major part of financial positions. It helps the firms in maximizing their wealth and value of the shares. Larger inventory and trade policy can make higher sales for the firm. Large inventory reduces the risk of stock out for fulfilling the demand of the public. By providing credit sales to the customers, suppliers have significant cost advantage over financial institution (Deloof, 2002). Different researchers have different views that they test on the working capital. There is a positive correlation between account receivable and operating income of firm. Because if the good provided on credit bases then the days of the accounts receivable will not be for long period. On the basis of the accounts receivable, firms running their operations can meet the payment on due date. Efficient liquidity management (ELM) is a process which includes planning and controlling of current assets (CA) and current liabilities (CL). Liquidity and profitability of firm have great relation with each other. This relationship can be analyzed by current ratio (CR) and cash gap (CG) (Abdual, 2007). Firms short terms liabilities are directly related to the former while the continuity of liabilities is concerned with the latter. Higher investment blocked in stock and accounts receivable creates problem for operation. Decrease in number of days of account receivable gives increase in early eserves (Padachi, 2006). Financial managers can gain profit by maintaining component of cash conversion cycle (CCC) at a higher level (Nazir and Afza, 2009). If the inventory gets to the minimum level and the number of days account receivable (NDAR) also becomes minimum, then firms can increase their profits and run their project efficiently and effectively (Abdul, 2007). The policies of working capital management can help to measure the WC. If the policies which the firm is going to implement are very strict and helpful for the firm then the firm will not bear losses or stock out or less short term assets. The financing policies mean how to allocate the revenue to different departments and after how many days the firm is going to receive their payments and ability to pay his own payments. The share value can be created by the financial managers if they efficiently manage through conservative approach (Nazir and Afza, 2009). Different researchers use different analysis models. For empirical investigation, the anova and Pearson correlation analysis is applied. From these models, firm size and cash cycle can be measured easily. It is easy to measure the efficiency of working capital management (WCM), performance evaluation and the whole efficiency of the firm by setting up their targets. For calculating the overall efficiency of the firm, the target has to be achieved in limited time period. Researchers use pooled data for the analysis. In the pooled data, different independent variables such as regress combine with the dependent variable (Zariyawati, 2009). The financial leverage and growth in sales are the major factor of firm profitability. Firms have to select the best policy to improve their collection and payment period. Efficient management financing of working capital can increase their operational profitability (Abdul, 2010). After studying the above articles, it is seen that the results of all researchers are the same on working capital management (WCM) and profitability (PRT) regardless of different companies, environments and situations. METHODOLOGY This research is to analyze the impact of working capital (WC) on the profitability (PRT) of oil and gas and automobile industry with reference to Pakistan. Different statistical tools are applied to analyze the significance of the variables. So, the method of coefficient of correlation has been selected. Regression analysis is applied for testing the model reliability and significant relationship between variables. Data set and sample Two sectors are selected from Karachi Stock Exchange. The first is oil and gas and the second is automobile sector. A total of 20 companies are taken as sample for the data collection, which are collected from different sources. They are taken from 2004 – 2009 from the annual report. Some data are collected from the State Bank of Pakistan (SBP). State Bank of Pakistan (SBP) provides an analysis report of different sectors and companies which were listed in Karachi Stock Exchange (KSE). In this study, different variables are taken to measure the working capital (WC). Working Capital is taken as independent variable (WC) while profitability is taken as dependent variable (PRT). In this case, profit after tax is taken as profitability of firms. Working Capital can be measured by different ways. First is net working capital (NWC), which is measured by current assets (CA), divided by current liabilities (CL). Second is inventory turnover in days (ITID), which is calculated by inventory divided by Cost of Goods Sold (CGS) and multiplied by 365. Third is number of day of accounts receivable (AAR), which is calculated by other current assets divided by sale and multiplied by 365. Forth is financial asset to total assets (FATA), which is calculated by adding cash and investment and the whole divided by total assets. In addition, current ratio (CR), debt to equity ratio (DER) and sales natural logarithm (LOS) are taken as control variable in this analysis. All the aforementioned variables are affecting the Working Capital, Working Capital Management (WCM) and it will have negative or positive impact on the profitability of the firms. Hypotheses testing The objective of this research is to examine the impact of Working Capital (WC) on the profitability of firms. Figure 1 shows the impact 11008 Afr. J. Bus. Manage. Figure 1. Impact of Working Capital on Profitability. of working capital on profitability† H1: Working capital has positive effect on the profitability of firms. H0: Working capital has no positive effect on the profitability of firms. Model specification In this study, panel data regression analysis and time series of data are taken. For the regression analysis, pooled data are used. In this pooled data, all variables are combined on the same level and selected variables are grouped as independent and dependent variables. After that, all variables are selected for regression and correlation analysis. Model equation PRT it = ? 0 + ? 1 (AAR it) + ? 2 (ITID it) + ? 3 (CR it) + ? 4 (DER it) + ? 5 (LOS it) + ? 6 (FATA it) + ? 7 (NWC it) + ? PRTi t = Net Profit t; i = 1- 20 firms. ?0 : Beta ? i: Coefficients X it X it: Independent variables i at time t t: Time = 1-5 years. ?: The error term Whereas, AAR = Average Account Receivable ITID = Inventory Turnover in Days CR = Current Ratio LOS = Sales logarithm FATA = Financial Assets to Total Assets NWC = Net Working Capital DER = Debt Equity Ratio Qualitative analyses In this paper, two analyses are applied. First, correlation and statistical tools are applied in these data. We select person correlation model for this study to find out the degree of correlation among dependent and independent variables. In the regression analysis, we gather the data from annual reports and turn it to the same level. This gathering of data is called pooled data. For this analysis, we select E-views software to analyze it correctly in the case of pooled data. DATA ANALYSIS AND REGRESSION RESULTS The correlation and determination coefficients are the measures of the regression model. First, correlation coefficient (49. 95%) and the determination coefficient (26. 12%) show the degree of correlation among working capital and profitability of selected firms from oil and gas and automobile sector over 2004 – 2009. The standard error value is 6. 5926 and F-statistics value is 5. 4213 which is significant at 1% and shows 100% fitness of the model (Table 1). Similarly, the Durbin-Watson statistics is 1. 9991 which clearly defines that there is no serial correlation in this regression model. Table 2 shows the estimation results of the six antecedents for the independent variable of working capital at Qazi et al. 11009 Table 1. Model summary. R R2 Adjusted R-squared Standard Error of Estimate Durbin-Watson statistics F statistics 0. 499599 0. 261211 0. 213029 6. 592679 1. 991426 5. 421362 Table 2. Estimation results. Variable NWC NDAR ITID FATA DER CR Means 23. 58595 129. 4913 75. 80012 0. 217936 17. 96434 18. 85266 SD 8. 415465 351. 7532 143. 2339 0. 191679 3. 368055 0. 597391 T stats 4. 520358 0. 254527 0. 937944 -0. 477942 -0. 554939 0. 096545 Remarks Sig Not Sig Not Sig Not Sig Not Sig Not Sig Table 3. Correlation matrix. PROFIT NWC NDAR ITID FATA DER CR PROFIT 1. 000000 0. 474400 0. 109619 0. 112621 -0. 124623 -0. 201328 -0. 217375 NWC 1. 000000 -0. 086246 -0. 125120 -0. 054646 -0. 308676 -0. 397314 NDAR IITD FATA DER CR 1. 000000 0. 748882 -0. 190807 -0. 095937 -0. 040053 1. 000000 -0. 311687 0. 061122 -0. 118921 1. 000000 0. 078238 0. 396036 1. 000000 0. 008978 1. 000000 1% significance level. The results show that Net Working Capital (NWC) has positive and significant impact on the Profitability (PRT) of firms and the rest of the variables explain the behavior of profitability but have no significant impact on profitability. In the correlation results shown in Table 3, networking capital has strong positive relationship with profitability of firms while number of days of account receivable (NDAR) and Inventory turnover in days (ITD) are positive but have weak correlation power with profitability of firms; financial assets to total assets (FATA), debt equity ratio (DER) and current ratio (CR) are weak and negatively correlate with the Profitability (PRT) of the firms. But the correlation results of independent variables somehow showed positive and strong correlation of inventory turnover in days (ITD) with number of days account receivable (NDAR) and a strong but negative correlation of current ratio with net working capital; the remaining variables correlate but are weak in both the positive and negative sense, thus the concept of colinearity does not exist among the variables as evident by the analysis results. Conclusion This study is the relationship of working capital (WC) and profitability (PRT) of firms. orking capital (WC) is the major portion of the balance sheet. In this paper, data are collected form Annual Reports (AR) and analysis report which is provided from the State Bank of Pakistan (SBP). In this analysis report, the companies which are listed in stock exchange are analyzed and summarized. In this research, oil and gas and automobile sectors are taken 11010 Afr. J. Bus. Manage. as sample. Data are taken from 2004 – 2009. I n this research, R shows the fitness of model which is 49. 95%. The independent variables explain 49. 95% of the model. In the regression results, only net working capital is positive and significant and Number of Days of Account Receivable (NDAR) and Inventory Turnover in Days (ITD) are positive but insignificant; and all other independent variables are negative and insignificant. In the correlation results, networking capital is positively correlated with profitability of the firms. The other two variables are weakly correlated with the profitability of firms and the other three independent variables are negatively correlated with profitability of firms. Hence, the empirical results of the paper show the positive trend of working capital on profitability of the firms. The results are supported by previous studies of Rahman (2007) and Nazir and Afza (2009) and Deloof (2002) on the Working Capital (WC). REFERENCES Abdual RMN (2007). Working Capital Management And Profitability – Case Of. Int. Rev. Bus. Res. Papers, pp. 279-300. Abdul RMN (2007). Working Capital Management And Profitability – Case Of Pakistani Firms. Int. Rev. Bus. Res. Papers, pp. 79-300. Abdul RTA (2010). Working Capital Management and Corporate Performance of Manufacturing Sector in Pakistan. Int. Res. J. Finan. Econ. , 47: 152. Buchmann P, Jung U (2008). Best-practice working capital management: Techniques for optimizing inventories, receivables, and payables. Q. Financ. , pp. 1-7. Deloof M (2002). Does Working Capital Management Affect Profitability of Belgian Firms? investopedia. com. (2010). Working capital : definations; negative working capital, p ositive working capital. Retrieved October 10, 2010, from www. investopedia. com: http://www. investopedia. com/terms/w/workingcapital. asp. Nazir S, Afza T (2009). Impact of Aggressive Working Capital Management Policy on Firms’ Profitability. J. Applied Manage . Padachi K (2006). Trends in Working Capital Management and its Impact on Firms’ Performance: An Analysis of Mauritian Small Manufacturing Firms. Int. Rev. Bus. Res. Papers, pp. 45 -58. Shin HH, Soenen L (1998). Efficiency of working capital management and corporate profitability. Financ. Pract. Educ. , pp. 37-45. Smith K (1980). Profitability versus liquidity tradeoffs in working capital management, in readings on the management of working capital. ST. Pual,New York: West Publishing Company. Soenen S (1998). Liquidity management, operating performance, and corporate value: evidence from Japan and Taiwan. J Multi. Manage. , 159-169. Zariyawati MN (2009). Working capital management and corporate performance:Case of Malaysia. J. Modern Account. Audit. , 5(11): 4754. How to cite Quazi, Papers

Dialectical Behavior Therapy free essay sample

Third in priority are quality of life issues and working towards improving ones life generally. During the individual therapy, the therapist and patient work towards improving skill use. Often, a skills group is discussed and obstacles to acting skillfully are addressed. 2. A group component in which the group ordinarily meets once weekly for two to two-and-a-half hours and learns to use specific skills that are broken down into four modules: core mindfulness skills, interpersonal effectiveness skills, emotion regulation skills, and distress tolerance skills.Neither component is used by itself; the individual component is considered necessary to keep suicidal urges or uncontrolled emotional issues from disrupting group sessions, while the group sessions teach the skills unique to DBT, and also provide practice with regulating emotions and behavior in a social context. [edit] The four modules [edit] Mindfulness Mindfulness is one of the core concepts behind all elements of DBT. Mindfulness is the capacity to pay attention, non-judgmentally, to the present moment. We will write a custom essay sample on Dialectical Behavior Therapy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Mindfulness is all about living in the moment, experiencing ones emotions and senses fully, yet with perspective.It is considered a foundation for the other skills taught in DBT, because it helps individuals accept and tolerate the powerful emotions they may feel when challenging their habits or exposing themselves to upsetting situations. The concept of mindfulness and the meditative exercises used to teach it are derived from traditional Buddhist practice, though the version taught in DBT does not involve any religious or metaphysical concepts. [edit] Skills within the Mindfulness module [edit] The What Skills Observe This is used to non-judgmentally observe one’s environment within or outside oneself.It is helpful in understanding what is going on in any given situation. Describe This is used to express what one has observed with the observe skill. It is to be used without judgmental statements. This helps with letting others know what you have observed. Participate This is used to become fully involved in the activity that one is doing. To be able to fully focus on what one is doing. [edit] The How Skills Non-Judgmentally This is the action of describing the facts, and not thinking about what’s â€Å"good† or â€Å"bad†, â€Å"fair†, or â€Å"unfair. † These are judgments because this is how you feel about the situation but isn’t a factual description.Being non-judgmental helps to get your point across in an effective manner without adding a judgment that someone else might disagree with. One-Mindfully This is used to focus on one thing. One-mindfully is helpful in keeping your mind from straying into emotion mind by a lack of focus. Effectively This is simply doing what works. It is a very broad-ranged skill and can be applied to any other skill to aid in being successful with said skill. [8] [edit] Distress Tolerance Many current approaches to mental health treatment focus on changing distressing events and circumstances[specify].They have paid little attention to accepting, finding meaning for, and tolerating distress. This task has generally been tackled by psychodynamic, psychoanalytic, gestalt, or narrative therapies, along with religious and spiritual communities and leaders. Dialectical behavior therapy emphasizes learning to bear pain skillfully. Distress tolerance skills constitute a natural development from DBT mindfulness skills. They have to do with the ability to accept, in a non-evaluative and nonjudgmental fashion, both oneself and the current situation. Since this is a nonjudgmental stance, this means that it is not one of approval or resignation.The goal is to become capable of calmly recognizing negative situations and their impact, rather than becoming overwhelmed or hiding from them. This allows individuals to make wise decisions about whether and how to take action, rather than falling into the intense, desperate, and often destructive emotional reactions that are part of borderline personality disorder. [edit] Skills within the Distress tolerance module [8] Distract with ACCEPTS This is a skill used to distract oneself temporarily from unpleasant emotions. The acronym breaks into: Activities: Use positive activities that you enjoy.