Great Philosophers and Lives Well Lived - 1238 Words

There have been many great philosophers throughout time. Socrates, Thomas Aquinas and Rene Descartes all lived during different times. This gave each of them different insights, which helped to create their philosophies and principles of their philosophies. Each philosopher also had a different means as to how they delivered their ideas and teachings. With so many differences the three had one thing in common: A love for wisdom, and the need to share it with others. Socrates was a great philosopher from Ancient Greece. He was the teacher of Plato and Aristotle. While Socrates did not write down what he taught those who studied with him and underneath him made sure his works and legacy would live on. When the class was first†¦show more content†¦In â€Å"On the Principles of Nature†, Aquinas expounded upon the natural philosophies of Aristotle. Aquinas established his three principles to be form, matter, and privation (Aquinas 19). Matter was being in potency , Privation was not-being-in-act, and from was that through which it becomes actual, namely form. Matter and form were principles of being. Neither existed absolutely. Form was the principle of actuality and perfection, while matter was the principle of potentiality and imperfection. Form is what make a thing what it is, and matter is what a thing can be. Matter become form. This is known as Generation (Aquinas 19). Aquinas also used the same four causes which Aristotle used, efficient, material, formal, and final. Aquinas broke things down to the smallest level possible when evaluating them. He did all of this in an attempt to help further explain the soul and the rational soul. He tried to explain it all through reason and the investigation of causes using his principles. This pursuit of Aquinas was inspired by the wonder he had from Theology and Aristotle. The second work of Aquinas, which the class was introduced, further carried on with the previous themes. In â€Å"The Love of Wisdom†, Aquinas once again was working off of teachings by Aristotle. This time he worked in a different style than he had previously. Aquinas broke down the teachings of Aristotle as he had not done before. He tried to make theShow MoreRelatedPlato And Augustine Of Hippo1192 Words   |  5 Pages Some of the most famous people of the ancient world were philosophers. These certain individuals became more well-known than many war heroes and kings because of the ways in which they thought about, and perceived the world. Historians along with other people became fascinated with their ideas. This resulted in their ideas becoming the foundation for the ways in the world thinks today. Some of these people include Plato, and Augustine of Hippo. These men thought about the ways of the world unlikeRead MorePythagoras, Plato, And Plotinus989 Words   |  4 PagesPhilosophers have been known to take the ideas and teachings of other philosophies and then shape their own philosophies from them. Even if they do not outright claim they have done so or that they were influenced by an earlier philosophy, one can still find links between philosophers and their theories. Pythagoras, Plato, and Plotinus, though from all different historical and philosophical periods, formed philosophies similar to one another or built upon aspects from one another’s. Pythagoras (AncientRead MoreModernism : The Age Of Rebellion Essay1228 Words   |  5 Pagesrevolution. Throughout the roaring 20’s, Americans began to think more about life as these rapid changes occurred, thus developing new ways of thinking through many philosophers. 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The aim of this paper is to explore the views of these three philosophers and then analyze where they compare and contrast with each otherRead MoreThe Civilians Of Ancient Greece851 Words   |  4 PagesSerra Bauman 000505328 Part A The civilians of Ancient Greece had to be resourceful. Most civilizations had rivers to channel, irrigate, and predict. Ancient Greece is a series of islands. This means that the people of Ancient Greece had to learn to live on the ocean. They had to deal with being more vulnerable to land attacks as they were used to battling with ships. And they also had to deal with huge ocean storms. These storms could destroy a new society with no notice. (Acrobatic, 2014) ThereRead MoreEastern and Western Philosophers Comparison1063 Words   |  5 PagesEastern and Western Philosophers Comparison PHI/105 May 1, 2011 Andrea Miles There are many great philosophers. Some of them had very compelling ideas especially for their time while others ideas may have sounded compelling but the concepts just did not work. Some philosophers has similar ideas and others ideas were different. Eastern and Western philosophy is one of the ways the ideas differed. Western philosophy is generally based on logic and reasoning while Eastern philosophy isRead MoreWhat Good Is Good?1716 Words   |  7 Pagesand lives an honest life. So my question is what really is good? If there is good does there also have to be bad and evil? Are bad and evil the same thing or do they have different meanings as well? Each philosopher, Socrates, Plato and Augustine, had their own idea of what good meant to them and even though they had similar thoughts on what good was they had different ideas of where it came from. Socrates was known to be one of the greatest philosophers of the Western Civilization. He lived duringRead MoreVoltaire s Views On England And Candide1528 Words   |  7 PagesVoltaire’s Views A renowned thinker and philosopher of his day, Voltaire’s works were influential to many who read them. To a modern reader with no context, the meanings may be lost. However, to someone reading shortly after publication, the meanings would be obvious. Voltaire’s two works are around twenty years apart and have certain points of continuity and dissent. His views on religion seem to change, while his appreciation for thinkers is a common theme in both works. The key connection betweenRead MoreEpictetus And Epicurus Vs. Nietzsche793 Words   |  4 Pagesthat in order to live the best life possible, it is necessary to reduce human desires. Epicurus argued that if a person can reduce human desires and live a good life â€Å"you will live as a god among men†, similarly, Epictetus says that only this good life is one that is â€Å"free†. On the other hand, Friedrich Nietzsche criticizes traditional and Christian morality as being â€Å"hostile to life†. Epictetus’ principle philosophy is based on his concept that â€Å"wealth consists not in having great possessions, butRead More Socrates Essay1261 Words   |  6 Pages SOCRATES Socrates was a Greek philosopher who lived between 470-399 B.C. He turned Greek attention toward questions of ethics and virtue and away from those of the heavenly bodies. Socrates spent much time in the Agora (marketplace) where he held conversations with townspeople. Socrates believed that real truth could be found out through thought and collaboration with others. He was known for exposing ignorance, hypocrisy, and conceit. Despite having many followers, Socrates was disliked by most

Business Environment Managing in a Strategic Context Essay

Essays on Business Environment Managing in a Strategic Context Essay Human Resources Human Resources Human resource management involves commitment of employees to high performance and loyalty to the organization. It also emphasizes on quality of staff which in turn will produce quality goods and services. It ensures that flexibility among employees in the organization for the purpose of achieving the organizational goals. Human resource management deals with many aspects whose aim is to achieve the organizational objectives. This paper illustrates the aspect of employee management with the goals of coordinating services across the business’s various functions. Employee is an individual hired in an organization to offer services to the clients. In human resource management, employee management plays a vital role in the organization in ensuring that the organizational services run smoothly. Employee management ensures that policies, discipline, equal opportunities and arrangement of work are reinforced effectively. Human resource has a body of knowledge since it is a profession that guides in employee management. Employees in an organization improve decisions and deliver results on issues pertaining to the wellbeing of an organization. This implies that the functions of employee management include recruitment, transfers, promotions, rewards, training and development. Employee management also ensures that qualified personnel fit to work in the organization are employed. This is evident through training employees in order to enhance skills and provide effective services in the organization. On the issues concerning promotions, employee management ensures that members of the organizational staff get promoted to higher ranks through transparent and fair considerations. Transfers to some members of the staff are also dealt with by the management and rewards employees on their exemplary achievements in the organization (Stredwick, 2013). Creating solutions to most problems concerning the employee’s welfare is the critical function of the employee management as it gives solutions to every problem that arises in the organization. The employee management field gives much concern to employee welfare and conduct during their service to the organization. This is evident through provision of policies and procedures for new employees to understand how safety works in a new organization and provides guidelines on how safety responsibilities are tabled. It also spells out the requirements from each employee on specific areas of interest in the organization. The management attends to issues like health, safety and welfare issues encountered by employee in the organization. In this case, the guideline is followed in the event that there are emergencies, safety training and all hazards that can occur in the organization. On the other hand, the management provides procedures and guidelines that give logical guide to employ ee in the event one gets ill as it gives direction on who will be responsible for any charges encountered. Employee management involves monitoring policies and procedures that affects employees in the organization. It allows frequent examination on new process and update developments in the organization to ensure that employees get the required materials for their effective services within the organization. This is done through members of the management holding meetings to discuss on the development of the organization and provide new implementation on some issues that boost the employee wellbeing and that ensure good progress of the organization (Kew, 2005). Designing, providing and recording health and safety training is the essential role for the employee management. The management has the role of advising employees on safety legislation by enabling them to know and adhere to new regulations that emerge every time. The management also has the responsibility to use their knowledge when handling issues concerning new processes and production are being planned in the organization. For the organization to have exemplary performance, healthy working environment should be provided to workers to enhance its performances. It is the duty of the employee management to ensure that its worker’s welfare is attended to. This is achieved through introduction of initiatives to support health agenda among employees in order to achieve the organizational goals (Kew, 2005). Employee management ensures that the role of observing progress and development in any institution. This is evident through employing people who have enough experience and understandings in several fields that take into account all the knowledge concerning employee management. The individual must go through the employee’s documents to recognize their field of specialization and confirm how they have been progressing. This is achieved through questioning the employee or providing with forms to check the qualification and know more about the employee. The manager in an organization must understand and take into consideration issues concerning employees’ interest according to employees’ wish and passion. Also, the managers get more understandings about employee’s wishes and interests on their way of life. As employee management involves ways of handling employees by personnel in charge of the institution, the personnel should look at the management’s interest through improving employee’s objectives and institutional goals. They must be able to identify the employee’s future arrangement that reveals their goals and provide ways on how they can be achieved. These include provision of further studies, jobs transfers and seminars to the employee. The manager should encourage rewarding employees by promoting them as an appreciation by the organization to boost in achieving the organizational goals (Arthur, 2004). Management being an aspect that discusses issues concerning the welfare of employees provides strategies that creates conducive environment to employees working in the same organization. Strategies that allow the members of the administration and the employees to interact freely through sharing their ideas and problems are beneficial in improving the organizational performances. These strategies help the institution or organization in getting new ideas which in turn be advantage to the organization if they are implemented. Through these strategies, employees will enjoy their existence in the organization as they are in an environment that is free of stress and depression. This way will enable the productivity of the organization or institution to be higher (Buhler, 2002). Also, a manager in any organization should identify the issues that concern the running of the organization. This is because change in the performance of the organization changes its productivity and has an effect on the employees. In such situations, the organization can end up losing some competitive and good employees, the manager should frequently check on the progress of the organization and ask employees how they feel on the way they get support from the management. That is, if they are challenged or they need changes to be done in the institution that will allow a better service within the organization (Bohlander and Snell, 2006). In conclusion, human resource management is a field of knowledge that is applied in most institutions, organizations and companies to provide important strategies in improving their services to people through various ways. There aspects dealt with in human resources management whose aim is to achieve the organizational or institutional goals. The aspect of employee management is explained in this paper. It is therefore evident that it plays a vital role in handling the concerns of the employees References Arthur, D. (2004). Fundamentals of Human Resources Management:Â  EBook Edition. New York: AMACOM Div American Mgmt Assn. Bohlander,G and Snell, S. (2006). Managing Human Resource. Boulevard: Cengage Learning. Buhler, P. (2002). Human Resources Managements: All the Information You Need to Manage Your Staff and Meet Your Business Objectives. Newark: Adams Media. Kew,J.(2005). Business environment: Managing in a Strategic Context. London: CIPD Publishing. Stredwick, J. (2013). An Introduction to Human Resource Management. New York: Routledge

Financial Statement Analysis of Logistics Service Providers

Questions: 1. Evaluation of financial condition of Universal Health Services on the basis of financial ratio? 2. Speculation of organizations ability to meet its financial obligations and to provide rationale for the same? 3. Determination of the profitability on the basis of ratio analysis and providing the rationale for the same? 4. Prediction on the company whether it can be viable till 5 years based on the ratio analysis? Answers: Introduction Universal Health services are a health care organization that are responsible to render healthcare treatment to its patient and is also recognized globally. Financial statement analysis is beneficial to every company because it helps to understand the companys financial position and current status of the business activities (De Franco et al. 2011). Future business practices can be predicted with the financial statement analysis because it helps to know the health status of the various business organizations in a consolidated manner. 1. Evaluation of financial condition of Universal Health Services on the basis of financial ratio It can be evaluated easily with the help of financial statement that includes net revenue to be $8065 million for the year 2014 that means it us higher than the previous year. This organization even got higher in the profit margin that serves beneficial from the growth prospective (Fridson Alvarez, 2011).On the basis of financial ratio, it has been noticed that earnings per share also showed an increase in trend with 5.21 percent that means shares are quoted at higher prices that the company can easily sell off in times of need. The current ratio of this company is 1.11 and the ideal ratio is 2: 1 that implies that company is not able to meet its short obligations with the available assets and liabilities. Debt equity ratio of this organization is 0.86 that means it can meet its debt in a shorter period of time that is much higher than the previous year (Henry Robinson, 2015). The number of times the stock can retain in the business is 8.53 that have been marked as lower as compared with the previous year. This directly gave a brief idea that this organization fails to control in the management of inventory in an efficient manner that may have an adverse impact in the smooth functioning of the business enterprise. 2. Speculation of organizations ability to meet its financial obligations and to provide rationale for the same This organization can easily meet its financial obligations it in the near future because all the aspect in the financial statements are showing a growth in the trend from the previous year be it the case of profit margin, net income or the debt equity ratio. The working capital is the difference between the current assets and current liabilities was also higher that means the company can effectively meet its day to day expenses that are required for the smooth functioning of the business enterprise (Hofmann Lampe, 2013). Therefore, it can be speculated that the shareholders will be interested in investing their money in the business because current status of the business is showing a positive impact as far as profitability is concerned from the future point of view. The amount of sales has increased from the previous year that directly means the company is going to have profit in the long that will be beneficial on an overall basis for the growth. The organization should focus mainly on meeting the working capital requirement that is the difference between assets as well as liabilities because funds are required in the day to day running of the business enterprise. Inventory is needed to be properly stocked that means there should be neither surplus nor deficit in the production pattern of the organization. Patients should be properly taken care off because their health is more important factor. Universal Health Services should invest money in launching of new machinery with the updated technology to provide the patient the best of its services. Revenue expenditure has to be controlled because that money is required for the day to day running of the organization in the most efficient manner. 3. Determination of the profitability on the basis of ratio analysis and providing the rationale for the same On the basis of financial ratios, it is determined that the profitability pattern of Universal Health Services is increasing that is making the employees happy as it is going for further expansion, leading to more employment opportunities (Louis et al.2014). With the increased profitability, the firm can very well engage its money in getting the updated technology for the treatment that will help the patient to get cure of most of the diseases possible that was otherwise not possible (Persons,2011). As the business increased in profitability, the salaries and wages of the employees will also get hiked up that will make the employees more encouraged to work more in the revenue generation. Investors may be gained from this company because the debt equity ratio is on the lower side that reflects that capital invested proves to be beneficial to the entire firm strategy. The further aspect to be determined is the share prices that are increasing at a rate of 142.83 in the 2014 (Beaver et al.,2011). Therefore, it can be seen that return on the shareholders equity is lower as compared to the previous year that means there is a chance of falling of the share prices in the near future. Universal Health services had some fraudulent claims regarding the patients that needs to be reduced so that to gain in the goodwill. It is better to run the business ethically and be good in the eyes of the shareholders because that will help in maintaining the growth of performance for the next years. 4. Prediction on the company whether it can be viable till 5 years based on the ratio analysis From the financial ratios, it can be predicted that the Universal Health services needs improvement is required in the pricing structure of stock and its correspondence inventory turnover ratio. During 5 years, this organization should work upon the meeting short term needs and that can be only possible if they increase the working capital that means balance assets as well as liabilities (Richard, 2014). Long term performance of this company can be judged if they meet the requirements of the shareholders because their money needs to be invested in the business. Better forecasting techniques if implemented, then there will be variances on the term of financial performance in the next 5 years (Minnis, 2011). The organization need to focus more on the enhancement of safety stock in the course of inventory system because the number of times the stock has been used gets reduced that affect the entire production level in maintaining the stock (Ormiston Fraser ,2013).In the next 5 years, it can be seen that there will be further increase in the sales revenue as well as capital employed in the most effective manner. Another way out that can bring change in the next 5 years can be if the company can cut down in their operating expenses and that will automatically make it to gain in the profit margin. Conclusion At the end of the study, it can be easily noticed financial analysis play an important role that helps in the designing of the strategic objectives within an organization. Entire study focused on how Universal Health Services can improve in the next 5 years related to their financial performance. Several strategies should be implemented such as adequate division of short term as long term requirements. Another idea that this company should focus mainly will be use of FIFO (First in First Out) method because by this they can easily clear their percentage on inventory. Reference List Fridson, M. S., Alvarez, F. (2011).Financial statement analysis: a practitioner's guide(Vol. 597). John Wiley Sons. Beaver, W. H., Correia, M., McNichols, M. (2011).Financial statement analysis and the prediction of financial distress. Now Publishers Inc. Hofmann, E., Lampe, K. (2013). Financial statement analysis of logistics service providers: ways of enhancing performance.International Journal of Physical Distribution Logistics Management,43(4), 321-342. Henry, E., Robinson, T. R. (2015). Chapter 1. Financial Statement Analysis: An Introduction.CFA Institute Investment Books,2015(2), 1-35. De Franco, G., Kothari, S. P., Verdi, R. S. (2011). The benefits of financial statement comparability.Journal of Accounting Research,49(4), 895-931. Louis, H., Lys, T. Z., Sun, A. X. (2014). Conservatism, analyst ability, and forecast error: evidence on financial statement users' ability to account for conservatism.Available at SSRN 1031981. Richard, P. (2014). The Role of the Accounting Rate of Return in Financial Statement Analysis.The Continuing Debate Over Depreciation, Capital and Income (RLE Accounting),67(2), 235. Ormiston, A., Fraser, L. M. (2013).Understanding financial statements. Pearson Education. Minnis, M. (2011). The value of financial statement verification in debt financing: Evidence from private US firms.Journal of Accounting Research,49(2), 457-506. Persons, O. S. (2011). Using financial statement data to identify factors associated with fraudulent financial reporting.Journal of Applied Business Research (JABR),11(3), 38-46.

Automated Car Parking System

Question: Discuss about theAutomated Car Parking System. Answer: Introduction: Barchester City Council in the center of Barchester manages seven car parks. The Council is in need of a car parking system to automate daily operations of car parking like controlling barriers, handling payment and issuing tickets. Core activities aside, the council also wants to automate car parking management like problem recording, monitoring service level agreement with the security company that provides a guard at the car parks and issuing season tickets. This report provides the analysis of the functionality, possible outcomes, risks of taking information systems and the resources required to implement it. Analysis of Functionality To automate daily car operations and its management tasks, the following areas are proposed to integrate into the new system. Operational System The new car park system will operate payment for car parking and entry and exit of the car from the car park. Car parking will be of two different types ordinary customers, who will be able to pay for the parking when they are using it. Seasoned ticket holders, who will have the privilege to park in designated areas from Monday to Friday, and an advance has to be paid by them which can be for three, six or twelve months (Sabnam, Das, Kashyap, 2016). Car Park Entry While nearing the entry barrier, a sensor placed under the road will detect and the control pillar will display Press Button.' For the regular customer, the ticket will be printed within five seconds after the button is pressed, and a Take Ticket text will be visible. Pulling the ticket will raise the barrier. In case the park is full, no tickets will be issued. During exit, the Press Button display will be activated if there is a car waiting (Dong, Jin, Hou, 2014, p. 1770). In the case of seasoned ticket holders, the user inserts the season ticket which checks for some conditions like if it is the weekday, the validity of tickets, among others. The barrier is raised only when all checks are passed, and the checking operation should not take more than five seconds (Sumathi, Varma, Sasank, 2013). The time of entry is also recorded. The ticket issued will have a barcode which will include date, time and number of the entry to the car park and the same information will be printed on t he ticket in human readable form (Mahmud et al., 2013, p. 722). Payment As Tsang Leung (2013) stated, for payment, the regular customer has to go to the pay station for payment when the customer is about to leave. The automated system will compare the information on the ticket's bar code with the stored information. If a date is matched, then the barrier is raised, and if not then the display tells the customer to visit the office who will manually check the ticket (Agerholm et al., 2014). Exit from Car Park As expressed by Jog et al., (2015), the customer while approaching the exit barrier, the sensor detects the vehicle and the control pillar displays Insert Ticket' to the customer. The barrier opens only when the time does not exceed more than 15 minutes between payment of the ticket and checking of the ticket. If more than 15 minutes has passed alarm rings and the customer can then speak with the office attendant by showing the ticket (Baglane, 2014, p. 75). Recording of Security Visit The Council has tied up with security companies to inspect the car parks periodically. The security guards have a card which when punched to the card reader at the car park office, the arrival and departure time is recorded. It works almost the same way with seasoned ticket holders (Mohammed, 2015). Management System The car parking management system handles all the other tasks that are not managed by the regular operation system. Security SLA Security SLA is similar to service level agreement the council has made with the security companies. An exception report is generated monthly which tells if the number of visits or the duration of the visit of the security company is lesser than the minimum required as laid out in the contract (Whaiduzzaman, 2014, p. 330). Season Tickets As stated by Kenaid Ali (2016), for selling season tickets a sub-system is required. The season ticket is issued to either a company or an individual's name, and the contact details on the company are recorded. The ticket will carry the issue and expiry date and will be valid for three, six or twelve months. The information on season tickets has to be made prior available to the operation systems (Ang, 2013, p. 5). A renewal form is also sent to the season ticket holders two weeks before their cards expiry date. Renewing before the expiry date will set the season ticket valid for another three, six or twelve months. A record also has to be maintained which will show the usage of the season ticket as compared to the ordinary customer for the same period regarding costs (Hanche, 2013). Fault Recording According to the Washington, DC: U.S. Patent and Trademark Office (2015), the fault recording system will record any problems related to car parks. Faults can include things such as doors and windows to equipment such as security cameras, card readers, and barriers. Reported time and date of fault is recorded for service level agreement. As stated by Washington, DC: U.S. Patent and Trademark Office (2014), in case the fault lies with any aspect of the operational system, then the maintenance company has to be notified immediately. Councils direct labor organization will be notified of any other issues. A monthly statistical report is required to show records of the date and time the fault is fixed, the companies that were allocated and the time taken to set (U.S. Patent No. 8,624,756, 2014). Miscellaneous Management Requirements A record is necessary which will keep track of all the tickets issued in a year for the Council to carry out the annual review of ticket costs, to estimate revenue for the next year. Resources Required For the proposed Information System of the automatic car parking external resources that are required are: Software Interfaces The operating system version can be Unix, Linux, Mac or Windows (Patterson Hennessy, 2013). Hardware Interfaces It is necessary for the employees to interface with the Parking Management System with their personal computer (Mienkina et al., 2015). User Interfaces As opined by U.S. Patent Application No. 13/748,152 (2013), it is required for employees to access their accounts and for administrators, manage payments and generate reports. Communication Interfaces Local Area Network communication interface via Ethernet (U.S. Patent Application No. 14/454,440, 2014). Performance Requirements Computers used must be at least Dual Core machines for a system to work optimally. Constraints of Design The design needs to be flexible and modular enough for the structure to be upgradable or changed as per design requirement (Wong, 2015, p. 600). Broad Feasibility of Information System (Risks) As stated by Saware (2016), certain risks come with integrating information system in car parking system. It can be confusing for those who are unfamiliar with the system and have a fear of the system's breakdown. At high peak hour volume, the system may break down or may not be able to cope (Wang, 2014, p. 975). With the emergence of newer technology, the existing system will become quickly outdated and replacing the system will result in a higher cost. There is also the uncertainty that the building department may not review or approve the process (Ferreira, 2014, p. 475). Proposed Outcome With the proposed system in place, there will be a better perception of security as customers would not step out of their space. This system will be beneficial to tight parking spaces where ramped parking structure cannot be accommodated. As the parking space will be utilized to the maximum, the parking efficiency will be very high regarding space and costs. The common problem with looking for parking space will be solved, and since the cars would not roam around for available space, therefore, emissions will be reduced. Less chance of any vehicle mishaps since at every step the system will guide the car. Familiar parkers will require less intervention of the office staff. Compared to the combined walking time/parking/driving in conventional ramped parking structures, the retrieval time will be much less with the automatic car parking system. Openings in exterior walls or ramping floors would not be required, and facade integration will be easier. Conclusion To implement the automatic car parking system the proposal made was to divide the system into two parts Operational System and Management System. Operational System operates with payment related operation for car parking. Tickets issued are mainly two types ordinary customers for those using the parking space on a usage basis, and season ticket holders, who possess a ticket for three, six or twelve months and get designated car parking space on weekdays. Operations included in the Operational System includes payment at the pay station, opening, and exit of barriers of the car park, issuing tickets and recording of security visits by security guards. Management Operations include those services which are not handled by the Operational System. It includes making reports on service level agreements, a sub-system for selling and renewing tickets, fault recording with faults related to the doors and windows to the equipment of Operational System. The various risks associated with implem enting an automatic car parking system includes incurring huge costs on moving to a new technology, the unfamiliarity of users with the new parking system, system breakdown and issues during high volume of traffic. The proposed outcome is said to be quite positive as it will be a definite upgrade over common ramped parking spaces regarding space and cost efficiency, less emission, better security and easier navigation. References Agerholm, N., Lahrmann, H., Jrgensen, B., Simonsen, A. K., Tfting, S. (2014). Full-Automatic Parking registration and payment. InProceedings10th Its European Congress. Ertico-ITS Europe. Ang, J. T., Chin, S. W., Chin, J. H., Choo, Z. X., Chang, Y. M. (2013, June). iSCAPS-Innovative Smart Car Park System integrated with NFC technology and e-Valet function. InComputer and Information Technology (WCCIT), 2013 World Congress on(pp. 1-6). IEEE. Baglane, S. B., Kulkarni, M. S., Raut, S. S., Khatavkar, T. S. (2014). Parking Management System.International Journal of Modern Engineering Research,4(2), 72-77. Berman, S. B. (2014).U.S. Patent Application No. 14/454,440. Brandmaier, J. A., Gillespie, J., Hughes, S., Koza, D., Loo, W., Lowry, F. (2015).U.S. Patent No. 9,019,092. Washington, DC: U.S. Patent and Trademark Office. Brandmaier, J. A., Gillespie, J., Hughes, S., Koza, D., Loo, W., Lowry, F. (2014).U.S. Patent No. 8,799,034. Washington, DC: U.S. Patent and Trademark Office. Dong, H. R., Jin, S. T., Hou, Z. S. (2014, June). Model Free Adaptive Control for automatic car parking systems. InIntelligent Control and Automation (WCICA), 2014 11th World Congress on(pp. 1769-1774). IEEE. 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