Differences between Private and Public Schools Essay

Differences between Private and Public Schools - Essay Example One of the main differences between private and public schools in related to curriculum and policy management. Public schools need to follow and adhere to the local and federal educational guidelines (Long Island Schools n.p.). They cannot bring any change to the curriculum unless the government approves it. Every public school located in any part of the state has the same curriculum. On the other hand, private schools can have a slightly different curriculum from that of the public schools. Although private schools also need to adhere to the educational guidelines of the government, they can make slight changes to the guidelines as per the need of the school and students and can design their own curriculum. In public schools, the government does not apply any restriction on the number of admissions. On the other hand, there is usually some limit related to the number of admissions in private schools. If that limit is over, the school reserves the right to reject other admission applications. The restriction of the limit of admissions also helps private schools give more attention to students individually which results in a better learning environment, as well as improves the teacher-student relationship. Moreover, in private schools, admissions are based on merit (Egan n.p.). Public schools cannot apply any limit to admissions because they are funded by the government, which is responsible to provide education to all children (Gilmore n.p.). The cost of education is also significantly higher in private schools as compared to that of the public schools. The reason is that private schools are not funded by the government because of which the management has to arrange salaries for teachers and money for all administrative expenses on their own. They charge high money to the parents of children in return for providing high-quality education.

Financial Analysis Report Essay Example | Topics and Well Written Essays - 1250 words

Financial Analysis Report - Essay Example The auto industry is one of the largest and most profitable industries in the world. There are over one billion vehicles worldwide and in the United States there are approximately 240 million cars (Tencer, 2011). These vehicles often breakdown and require maintenance. Due to the massive amount of vehicles in the United States there is a huge demand for auto parts. One of the biggest players in the auto parts industry is AutoZone. AutoZone has been in business for over 30 years. The organization was founded in 1979. The company is committed to providing the best parts, prices and customer service in the automotive aftermarket industry (Autozoneinc, 2012). The company believes in the value of providing great service in order to increase its customer retention rate. Based on Pareto’s 80/20 rule firms obtain 80% of their business from 20% of their customers (Hafner, 2001). AutoZone is a publicly traded company sold in the New York Stock Exchange under the symbol AZO. The stock as of August 3, 2012 was selling at a price of $360.33 (Yahoo). The firm began to sell its stocks in the open market in 1991. The market capitalization of the company is $13.71 billion. Market capitalization is calculated by dividing total stocks outstanding by market price. The company is a member of the Fortune 500. The fact that AutoZone is a publicly traded company gives this firm an advantage in this industry due to the fact that the company always has the option of releasing a secondary stock offering to raise capital. The auto parts industry is extremely fragmented with thousands of independent auto parts stores across the nation. AutoZone has grown a lot since its inception 33 years ago. The company today is the market leader in the auto parts industry in the United States of America. The corporate headquarters of AutoZone are located at 123 S. Front St. Memphis, TN 38103 (Ecorporateoffices, 2012). The auto parts chain