Operating Activities - Free Essay Example

Sample details Pages: 1 Words: 261 Downloads: 1 Date added: 2017/09/22 Category Advertising Essay Type Argumentative essay Tags: Investment Essay Did you like this example? 1) What are the examples of operating activities occured in a company? An accounting of funds related to the companys operations, reported on the cash flow statement of a companys annual report. This figure is calculated by adjusting net income to reflect depreciation expenses, deferred taxes, accounts payable, accounts receivable, and any extraordinary items. It shows how much money the company received from its actual business operations. This does not include cash received from other sources, such as investments. The examples of operating activities include the production, sales and delivery of the companys product as well as collecting payment from its customers. This could include purchasing raw materials, building inventory, advertising, and shipping the product. The other operating cash flows include: * Receipts from the sale of goods or services * Receipts for the sale of loans, debt or equity instruments in a trading portfolio * Interest received on loans * Divide nds received on equity securities * Payments to suppliers for goods and services * Payments to employees or on behalf of employees Interest payments (alternatively, this can be reported under financing activities in IAS 7, and US GAAP) 2) Did all companies have operating activities? YES 3) Did all operating activities come from the core business of providing sales/service? No. This cash flow activities operating section comes first and tells you how much the companies generated from core business as oppose of peripheral activities such as investing and borrowing. This is the area that you should focus because it paints the best pictures of how bell the firm’s business operation are producing that will ultimately benefit to shareholders. Don’t waste time! Our writers will create an original "Operating Activities" essay for you Create order

Economic Inequality Of The United States - 1435 Words

In 2013, President Obama asserted that the growing income gap in the United States is a â€Å"defining challenge of our time†. Economic inequality consistently ranks amongst the greatest concerns of voters and is the subject of growing national and international attention. As such, explorations of rising inequality are not new. Where the readings are revelatory, however, is in their efforts to expose the fallacy that economic distribution, be it the hyper-concentration of wealth at the top or the existence of poverty at the bottom, is ‘natural’, nothing more than an economic reality caused by ‘inevitable shifts in [the] economy driven by global, universal pressures’ (Hacker Pierson, 4). Instead, the authors posit that economic inequality is ‘largely a product of political decisions and institutions that generate and sustain a sharply unequal distribution of wealth and resources’ (Williams, 569). Politically Suspect In Winner-Take-All Politics, Hacker and Pierson look at the evolving bifurcation of society not into â€Å"haves† and â€Å"have nots†, but into the â€Å"have-it-alls† and other Americans. Their book is dominated by a whodunnit-like search for answers to the â€Å"three big mysteries† such a conclusion poses; who, how and why (Hacker Pierson, 41). The underlying argument is that economic disparity in the United States of America is caused by a combination of political action and inaction. Hacker and Pierson focus on the importance of policy-creation, as opposed to electoralShow MoreRelatedEconomic Inequality Of The United States1696 Words   |  7 PagesEconomic Inequality Paper Homelessness is one of the main problems plaguing the United States today, with low income earners at a higher risk of becoming homeless than previous years. There have been countless laws and ordinances put in place throughout the country in hopes of solving this growing problem but many of them have failed to address one of the main things causing this issue, economic inequality and the unequal distribution of wealth in the United States. Although there are many non-profitRead MoreEconomic Inequality Of The United States910 Words   |  4 PagesThe United States is a well-developed country and is considered to have the largest economy in the world. It is ranked high in GDP per capita, which indicates people enjoy a higher living standard in a nation (Mahoney, â€Å"Economic Inequality in the United States†). However, the aggregated data collected for GDP per capita could not be taken account for the middle and lower classes. According to the Pew Research Center, statistics show that the US income inequality has reached the biggest gap in 2013Read MoreEconomic Inequality In The United States Has Risen And1042 Words   |  5 PagesEconomic inequality in the United States has risen and absolute growth has slowed over the past half-century. This growing level of inequality sparks in a wave of support for redistribution. The U.S.’s inability to redistribute to the bottom quartile of the income distribution results a multitude of factors that explain why people would support or oppose redistribution. An explanation of economic inequality involves the argument that the wealthy have the needed resources in order to flourish in achievingRead MoreThe Economic Inequality Of Hispanic Immigrant And The United States By Using Micro / Macro Level Lenses1049 Words   |  5 PagesAnalyzing Economic Inequality in Hispanic Immigrant Population in the United States by Using Micro/Macro-Level Lenses According to the 2012 American Community Survey (ACS), the U.S. immigrant population stood at approximately 40.8 million, or 13 percent of the total U.S. population of 313.9 million (Nwosu, C., Batalova, J., Auclair, G., 2014). Along with its large number, immigration has had a very significant impact on the U.S society, and especially it has increased the diversity of the United StatesRead MorePoverty And The American Dream933 Words   |  4 PagesThe Inequality gap in America has increased for the past few decades. Resulting from Economic Inequality in America, 400 Americans share more than 50% of America’s total wealth. These 400 Americans are the Top 1%. While the Top 1% are living luxurious lives, the Bottom 99% is struggling to make ends meet. Inequality is nothing new to the United States. In fact, it is a serious problem for America’s Economy, Democracy and the Middle Class. Economic Inequality is the thing that makes the United StatesRead MoreWealth Inequality Of The United States1216 Words   |  5 PagesWealth in the United States is generally thought to be distributed fairly as the highest earners have a higher percentage of wealth. Although this common notion is technically correct, the wealth is not spread as fairly as people might believe. The United States uses a free market, capitalistic economy, which entails wealth inequality. However, the amount of wealth inequality depends on how the government limits the wealthy. Interestingly enough, the government does not have regulations to distributeRead More ¬an Inevitable Consequence of Economic Growth Is Increasing Inequality1241 Words   |  5 PagesAn inevitable consequence of economic growth is increasing inequality. Do you agree or disagree with the assertion? In the world we live in today, it is quite obvious to see that inequality is a growing consequence of economic growth. In this essay I will discuss how inequality affects states and the individuals living in the state. There are increased demands for educated workers; dependence of technology; privatization of markets; and the rise of capitalism which have led people to have drasticRead MoreThe Effects of Wealth Inequality in the U.S.1484 Words   |  6 PagesAnthony Giovenco Political Science Inequality Paper 12-18-14 The Effects of Wealth Inequality in the United States Wealth inequality in the United States has grown tremendously since 1970. The United States continuously reveals higher rates of inequality as a result of perpetual support for free market capitalism. The high rates of wealth inequality cause the growing financial crisis to persist, lower socio-economic mobility, increase national poverty, and have adverse effects on health andRead MoreImpact Of Wealth Inequality On The United States1220 Words   |  5 PagesImpacts of Wealth Inequality Wealth in the United States is generally thought to be spread fairly as the highest earners have a higher percentage of wealth. Although this common notion is technically correct, the wealth is not spread as fairly as people might believe. The United States uses a free market, capitalistic economy, which entails wealth inequality. However, the amount of wealth inequality depends on how the government limits the wealthy. Interestingly enough, the government does not haveRead MoreThe United States Of Inequality Essay1153 Words   |  5 PagesThe United States of Inequality is an article that delves into the harsh realities we face in our country today, with regards to income inequality. Income inequality in the United States is at a rise. And the sobering factor is that so little is being done to address this issue. According to a new study by researchers at the Economic Policy Institute, forces of rising inequality are operating at an all-time high throughout the United States. The study, â€Å"which measures income inequality by state, metro

The Health and Well-Being of HIV Issues in Society Concerning Nursing Care Essay Sample free essay sample

Abstraction Ever since acquired immunodeficiency syndrome ( AIDS ) was first recognized 20 old ages ago. singular advancement has been made in bettering the quality and continuance of life of individuals with HIV infection. During the first decennary. this advancement was associated with acknowledgment of chances disease procedures. more effectual therapy for complications of prophylaxis against common timeserving infections ( OIs ) . HIV infection is an infective disease ; hence. it is of import to understand how HIV integrates itself into a person’s immune system and how unsusceptibility plays a function in the class of infection. Awareness in this disease is indispensable particularly when giving attention and set uping wellness attention function for the patient. The Health and Well-Being of HIV: Issues in Society Concerning Nursing Care Introduction Problem and its Background Acquired Immunodeficiency Syndrome is a turning job throughout the universe that requires human-centered attending. The World Health Organization ( WHO ) estimates that several million grownups are infected with HIV ( Human Immunodeficiency Virus ) . We will write a custom essay sample on The Health and Well-Being of HIV: Issues in Society Concerning Nursing Care Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The HIV patient’s wellness and wellbeing have been enveloped by contentions refering to care favoritism and function changes ( Chenoweth. 2007 p. 53 ) . Due to the infective character of this disease. assorted societal and emotional changes have occurred to both sides affected by the status. wellness attention supplier and the HIV patient. As ascertained. the traits of HIV itself have altered and presented reluctance. in footings of attention. over the wellness attention suppliers. most particularly the nurses. However. bit by bit. the nursing function towards these HIV patients have shifted and revolutionized through the modernisation and betterment of consciousness over the status of HIV. As the modern age attacks. the nursing functions have acquired its ain topographic point for the improvement of HIV patient as its primary end of attention. The betterment of medical attention itself. specifically. through commissariats of assorted infection control safeguards. AIDS and Communicable Disease Precaution plans. and the constitution of medical surveies and research sing the status. hold made the alteration of nursing functions a batch more flexible. The uncertainty of danger and the anxiousness towards attention have been alleviated through the betterment of forecast ; hence. lending to the alteration of nursing functions ( O’Donnell. 2005 ) . Scope and Restriction As for this paper. we shall concentrate on the alteration of functions of nurses by analysing the past discriminatory conditions and functions of attention. and how did it come on towards the current medical attention. The paper shall reexamine. interpret and analyzes the relationships between alterations of nursing function and the betterment of medical scientific discipline every bit good as forecast towards HIV instances. The wellness issue in footings of the patient’s wellbeing and personal wellness shall be addressed in the survey. The treatment shall go around on the imposed aims of the survey. Discussion Footing of Importance The construct of Healthy Peoples in 2010 has proposed ends that address the targeted results of wellness position in the following few old ages. The primary ends comprise the publicity of quality of life. and the negation and declaration of the unfairness involved in wellness attention direction. The two major ends of this plan are the undermentioned ( beginning: World Wide Web. healthypeople. gov ) : Goal 1: Increase Quality and Years of Healthy Life The first end of Healthy People 2010 is to assist persons of all ages increase life anticipation and better their quality of life. Goal 2: Eliminate Health Disparities The 2nd end of Healthy People 2010 is to extinguish wellness disparities among different sections of the population. The imposed end. peculiarly the riddance of disparities. concerns the happening wellness attention favoritism of the HIV patient attention. The stigma in the populace is still present due to inadequate information and assorted cultural recreations. Sad to state. nevertheless. there are times that even wellness attention suppliers discriminate the public assistance of such patients ( Grimes A ; Holzemer. 2005 ) . In the yesteryear. the conditions of HIV patients have faced enormous favoritism. societal shame and unequal wellness attention proviso chiefly because of the features of the disease itself. The society has gain broad stigma and fright over the communicability of this disease. Misconceptions and incorrect impressions. such as false information particularly about manners of transmittal. impaired consciousness about the disease itself. and anxiousness of familial shame. have caused the build-up of a great society quandary towards the disease. The thought and position of attention given to these HIV patients before are purely less and in some instances. are non even accepted in other infirmary because of the impact of AIDS/ HIV stigma. The nursing function of patient attention administered by the nurses has been affected by the social position towards the disease ( Poindexter. 2005 ) . During this clip. consciousness and medical cognition about the disease itself have non yet expanded and spread in the society. Because of this. farther stigma that labels AIDS patient as sex nuts. fetish-dirty persons and ill respected individuals has enhanced the social force per unit area for these patients. Therefore. nursing attention started to blemish back due to the huge discriminatory impression about this status. Furthermore. there are no present tools. appliance and most particularly direct remedy for this status ( Lane. 2002 ) . These factors have greatly bring on the deprived attention conditions of the patient since. nurses’ functions and attention places are non yet established at this minute. Gradually. medical research and surveies has been conducted with the purpose of understanding the conditions. mechanisms and systems involve in the causing of AIDS. They have found out the nucleus of the job. HIV-retrovirus. and the primary system afflicted. which is the immune system. They have found out the possible agencies of disease transmittal from the host. point of issue. manner of transmittal. portal of entry and to the other susceptible host. The organic structure of AIDS/ HIV consciousness has been established. and with this. the possible attention steps for HIV patients have started to develop ( Herek. 2002 ) . However. even with the huge technological promotion. still. the societal contention of AIDS favoritism is still present in the society. The attention of these patients is greatly compromised due to the favoritism nowadays. Epidemiology Surveies Health publicity requires the cognition of the instance proper in order to supply equal and appropriate planning and intercessions to be incorporated in the plan proper. The status of HIV preponderantly strikes males than females. as for the instance of homosexualism. The Centers for Disease Control and Prevention ( CDC ) estimates that 1 out of 260 Americans has HIV ; hence. it is possible that at least one employee from a worksite contains the virus or HIV positive ( Chenoweth. 2007 p. 53 ) . Between 1981 ( the beginning of the AIDS epidemic ) and 2001. sum of 816. 149 AIDS instances in the United States have been reported to CDC in Atlanta. Georgia. Of these instances. about 467. 910 amounting to 57 % have died. Largely. the sexually active homosexual males have been the primary stricken group and presently represent about 45 % of these reported instances. Another 25 % of the instances are or have been male or female injection drug users and 6 % have come from homosexual drug users. Last. heterosexual transmittal. birth or by blood transfusion during the period when the American blood supply are non monitored for HIV antibodies ( 1981-1985 ) ( Dutt. 2003 p. 105 ) . Helping on the Issue: Interventions Made Health practicians may still hold fright and anxiousness about disease transmittal despite instruction refering infection control and the low incidence of transmittal to wellness attention suppliers. Practitioners are encouraged to analyze their personal beliefs and utilize the procedure of values elucidation to near controversial issues. The American Nurses Association’s Code for Nurses can besides be used to assist decide ethical quandaries that might impact the quality of attention given to HIV-infected patients. The coming of medical betterments has led to the alteration of wellness provider’s functions from discriminatory nature to caring attitude. Furthermore. the stigma over these persons has greatly reduced as compared from the yesteryear. In fact. in the United States. the stigma of HIV/ AIDS has been observed worsening ; nevertheless. some parts of the populace are still incognizant of the HIV worlds and still keep assorted misconceptions particularly in footings of disease transmittal ( Lane. 2002 ) . The construct of wellness instruction is really indispensable in order to relieve the misconception happening in the populace. Cultural Similarities and Differences Each civilization possesses different position and agencies of wellness attention direction over these HIV patients. Nurses in all scenes will be called to supply attention for patients with HIV infection. In making so. they encounter non merely the physical challenges of the epidemic but besides emotional and ethical concerns. The concerns raised by wellness attention professionals involve issue such as fright of infection. duty for giving attention. values elucidation. and confidentiality. development phases of patients and health professionals. and hapless predictive results. In the developing cultural diversenesss. peculiarly 3rd universe state hospital scenes. the medical precautional steps are non yet to the full equip ; hence. the wellness attention suppliers still suffer the quandary brought by the said instance. The instance of HIV are chiefly dominant in the state of southern Africa. and the favoritism of these people. particularly those who are shacking in the hot topographic point countries of the disease. are greatly manifested. Similar to the other Asiatic states. such as the Philippines. China. and Thailand. still comprehends the disease as a dishonoring status. afflicting non merely the person but besides the household itself ( Dutt. 2003 p. 97 ) . Health Issue at Home A ; Classroom Parental and educational houses play an of import function in order to decide the status of HIV attention favoritism. The wellness instruction of the disease itself is one of the important information that needs to be taught in such topographic points. Health instruction facilitates understanding of the said issue. and rectification of the misconception nowadays. Since the primary beginning of cardinal instruction is non-other than places. parents are held responsible for the behavioural and cognitive alteration of their family members in conformity to the misconception of the disease. The parents should show the status in an enlightening and positive manner in order to forestall farther negative deductions of the disease. It is besides of import for the parents to guarantee that their cognition is decently equipped before showing the corrections to such misconceptions. Educators and teachers in educational house should stress the societal issue in this wellness aspect clearly in their pupils. It is indispensable that these pedagogues possess equal information of the disease in order for them to ease rectification of the prejudiced behaviors. Stress that wellness attention is ethically and morally for every person ; hence. AIDS/HIV patients are non to be discriminated. but instead be treated suitably. and adequately. Support Systems: Public and Private Organizations The AIDS A ; Coalition Silicon Valley is one of the local bureaus that caters to the legal. fiscal. medical and attention demands of the AIDS patients. They conduct assorted support plans. wellness instruction classs. medical mission. etc. in assistance of those AIDS/HIV patients. They can be contacted in the undermentioned inside informations: Web Site: hypertext transfer protocol: //www. aidscoalition. org/index. php Mailing Address: AIDS Coalition Silicon Valley Walk for AIDS Silicon Valley 1922 The Alameda Suite 218 San Jose. California 95126 Telephone: 408-451-WALK ( 408-451-9255 ) or 408-248-7420 Facsimile: 408-248-7423 Another organisation that promotes the public assistance of AIDS patients is the international United Nations’ UNAIDS. The organisation caters to the legal. rights and attention direction of the HIV patients worldwide. They can be contact via the following inside informations. Web Site: hypertext transfer protocol: //www. unaids. org/en/ Mailing Address: 20. Avenue Appia CH-1211 Geneva 27 Switzerland Telephone: +41. 22. 791. 3666 Facsimile: +41. 22. 791. 4187 Mention Bakken. S. . Grimes. R. . A ; Holzemer. W. ( 2005. January 22 ) . Utility of a standardised nursing nomenclature to measure dose and tailoring of an HIV/AIDS attachment intercession.Journal of Nursing Scholarship Chenoweth. D. H. ( 2007 ) .Worksite Health Promotion. Human Kintetics Publication. Dutt. A. K. ( 2003 ) .Challenges to Asiatic Urbanization in the twenty-first Century. Springer. ( n. d. ) .Healthy Poeple in 2010. Retrieved November 20. 2007. from Office of Disease Prevention and Health Promotion: hypertext transfer protocol: //www. healthypeople. gov/ Herek. G. ( 2002. January 1 ) . Thinking about AIDS and stigma: A psychologist’s position.The Journal of Law. Medicine A ; Ethical motives Lane. T. ( 2002. July 1 ) . HIV-related stigma falls. but some misperceptions about transmittal persist.Positions on Sexual and Reproductive Health O’Donnell. M. . A ; Zelnick. J. ( 2005. January 1 ) . The Impact of the HIV/AIDS Epidemic on Hospital Nurses in KwaZulu Natal. South Africa: Nurses’ Perspectives and Implications for Health Policy.Journal of Public Health Policy Poindexter. C. ( 2005. February 1 ) . The king of beasts at the gate: an HIV-affected health professional resists stigma.Health and Social Work

WooCommerce vs Magento Which Is the Best E-Commerce Platform

WooCommerce vs Magento – both pack a punch when it comes to features, as well as being  wildly popular. Its not easy to pick an overall winner, and weighing up the features of each platform could leave you scratching your head in confusion, while leaving your customers without a way to purchase from your site.Fortunately, were here to help you make an informed decision. Theres no one ultimate solution when it comes to e-commerce, but you can always make the right choice for  your unique needs – as long as you have all the facts at hand.Every platform has their own group of  die-hard supporters championing its cause, and claiming its the best. We decided to wade  through the noise  and take a look for ourselves, giving you an unbiased opinion to help make your  decision.In this article, well compare WooCommerce vs Magento – their key features, performance, security, pricing, beginner-friendliness, and even product management.  By the time youve finis hed reading, youll know exactly which solution is right for you.Lets get cracking!Whats unique about WooCommerce vs Magento?WooCommerce is a powerful plugin for the WordPress platform. It offers all the features you need from an e-commerce solution,  while retaining the ease-of-use of its parent platform.Magento is an e-commerce platform tailored to web development professionals, and medium to large online stores. It offers one of the most robust feature sets in the field, which makes it ideal for stores with high aspirations.WooCommerce vs Magento: A look at their featuresWooCommerce vs MagentoWooCommerceMagentoCompletely free platform.Offers a free Community version, as well as several premium services.Requires you to find your own web host.The Community version is self-hosted, but their premium offerings include hosting.Supports unlimited products.Enables you to add unlimited products.Supports nearly all  WordPress themes, and offers a myriad  of customization options.Offer s a theme-based system and a decent variety of options.Comes with an extension system  and hundreds of options.Supports extensions and offers a wide variety of them too.Includes basic security features to protect your store.Offers advanced security features, as well as dedicated patches to close any vulnerabilities that arise.The platform is remarkably easy-to-use.Recommended for users that have (at least) a basic level of web development knowledge.What each platform has to offerFor those of you who  want the whole picture, well cover all the information youll need to know about both platforms. Then well go over the results together and decide which one deserves the crown.WooCommerceWooCommerce is a familiar name to most WordPress users. This wildly popular e-commerce platform is home to almost 400,000 sites. It comes with almost all of the functionality  youll need to open an online store, and it also has several advanced capabilities through its extension system.Key features :Supports an unlimited number of products.Comes with a robust extension system, based on the WordPress plugin format.Enables you to pick almost  any payment processors you want using extensions.Offers  dozens of premium and free themes.Pros:Setting up a store is free, aside from your web hosting expenses.Its easy to pick up if you have any experience with WordPress.There is extensive documentation available for its users. Plus, you can contact the team behind the project if you have any additional questions.Integrates with Google Analytics using an extension.Includes SSL support, but you need to obtain your own certificate.Cons:If you dont use WordPress, you need to learn two new platforms.Premium themes and extension costs can add up quickly.Is it good for beginners?WooCommerce is a good pick for users with no e-commerce experience – doubly so if theyve used WordPress before. Even those who havent will find WooCommerces excellent documentation, and abundance of online tu torials appealing.Price:This is a fully open-source platform – anyone can download and set it up on any server they want. That being said, its premium extensions tend to be expensive, and some require annual subscriptions. Aside from that, your web hosting costs will depend entirely on the size of your enterprise and the packages your provider offers.There are a handful of quality web hosts that work well with WooCommerce, but the top ones we always recommend to our customers are SiteGround and InMotion. You can get either for around $5-9 / month (try not to opt for any of the cheaper plans, as they might not be optimized to run e-commerce setups).MagentoWhereas WooCommerce bills itself as a community solution, Magento is  more geared towards companies. However, that doesnt mean small businesses cant benefit from its functionality too. Magento offers both a free Community Edition –  which is plenty powerful on its own – and an  Enterprise Edition  for la rge companies. For this comparison, well focus on the Community Editions features.Key Features:Supports an unlimited number of products, as any respecting self-hosted platform should!Comes with its own theming and layout system.Includes efficient APIs that can connect with any third-party solution.Intuitive admin interfaces and product creation tools.Pros:Its built for scalability. Magento should have  no problems handling large stores, as long as your host can manage them.Shoppers can check out faster thanks to a streamlined process. Plus, guest checkout is turned on by default.Integrates with PayPal, Authorize.Net, and Braintree right out of the box.Cons:Magento feels  more geared towards developers than regular users, what with its steep learning curve.Its Enterprise Edition can be quite costly, but thats to be expected due to their target market.Is it good for beginners?Out of the box, Magento doesnt feel as beginner-friendly when we look through the lens of WooCommerce vs M agento. However,  users can overcome that by referring to the  extensive documentation  Ã¢â‚¬â€œ and the platform does offer additional advantages for those who stick it out. Its perfect for ambitious users who  want to scale their shops quickly, and who also have the necessary time for mastering the platform.Price:Magentos Community Edition is open-source and free for anyone to use, so your only cost will be based on your current  hosting provider. On the other hand, users who are interested in the Enterprise Edition will have to shell out a pretty penny.What about performance?Loading times are a big deal for any website, but doubly so for e-commerce. If your website takes too long to load or feels sluggish, some people will  leave, taking their money – and ultimately your income – with them.When it comes to performance, its complicated to figure out which solution  is the overall winner. Each online store – regardless of platform – will be have differently due to its functionality and size. Furthermore, there are several more factors at play here, such as  your choice of web hosting provider, whether youre using a Content Delivery Network (CDN), or even whether your images are optimized.To put it simply, the performance of your online store will depend  mostly on you, and your hosting provider. This round is a tie.What about security?The importance of security when it comes to e-commerce platforms cant be overstated. Customers expect both their private information  and  payment details to be protected – and you need to deliver.Similarly to  performance, your online stores security is in large part up to you. Both WooCommerce and Magento enable you to implement several advanced security measures, but mostly through extensions and  manual tweaks. However, while no platform can be 100% secure,  Magento takes the lead in this aspect by offering dedicated security patches to its users.The downside here is that Magento security patches arent particularly easy to apply. E-commerce newbies might feel out of their depth doing so on their own, which in turn leads  to a significant amount of Magento stores being out of date.Nevertheless, if you take security seriously – and you have some experience with web development (or dont mind paying for help) – Magento is the clear winner.What about product management?If youre looking for the perfect e-commerce store, good product management is likely on your list of priorities. WooCommerce offers a no-nonsense approach to product management, with options for both physical and digital products. Setting up new items is remarkably simple, especially if youre already familiar with WordPress. Furthermore, you can always expand on the platforms functionality using extensions such as  Product Add-Ons:Magento, on the other hand, offers several features that WooCommerce lacks without purchasing additional extensions. For example, it su pports product reviews, grouped items, wish lists, advanced pricing rules, and product personalization. It clearly has an advantage in terms of functionality – but with that brings a  steeper learning curve.Overall, WooCommerce is the better choice for users who  dont need advanced features on their stores from the off. It enables you to get a store up and running quickly, which is preferable for small ventures, and you can choose to  expand its features at a later date using extensions. Round three of WooCommerce vs Magento goes to the former.What about pricing?The last key consideration when it comes to deciding between WooCommerce and Magento is your budget. As mentioned previously, WooCommerce is completely  free, whereas Magento only offers a free Community version alongside multiple premium services. Unfortunately, pricing for Magentos premium options are only accessible via a chat with their sales team.Either way, its entirely possible to get an online store up and running with both platforms without spending a single dime, aside from web hosting costs, that is. How much it costs to keep your store running will depend largely on your choice of hosting provider, which is a topic weve covered extensively in the past, plus a couple of paragraphs above.Moving on, even if both platforms are virtually free, costs can pile up quickly if you rely too much on extensions. There are plenty of free extensions for Magento and WooCommerce, but premium offerings tend to be quite expensive.If youre going to need to add extra functionality to your site, make sure to research which extensions youll need before committing to either platform, and compare their prices. That way, youll get the functionality you need, without making your wallet  scream.All  things considered, both WooCommerce and Magento are excellent choices for budget online stores, albeit the latter only in the case of its Community version. As you scale your store, WooCommerce remains t he cheapest alternative, since you dont need to install more powerful (and premium) versions of the platform, as may be the case with Magento.Hosting a WooCommerce store is also likely to be cheaper and easier since more and more hosts know how to optimize their platforms for WordPress these days. As mentioned above, you can get a quality host for around $7.95 / month from a company like SiteGround (our top recommended host).WooCommerce vs Magento: The winnerAs far as beginners go, the choice is simple – we recommend WooCommerce. Its easy to use and cheap to set up, which makes it perfect for small operations that need to get off the ground quickly. It enables its users to set up  almost any kind of online store, such as  at home entrepreneurshipand  selling tickets for a major event:However, Magento is still  a fantastic e-commerce solution. For a start, it shines when it comes to scalability, which makes it the ideal choice for existing companies that want to move i nto e-commerce. If you can swallow the high price tag of its Enterprise Edition, youll be more than happy with the results. Dont believe us? Ask Bulgari – theyre proud Magento users:Ultimately, this comparison was all about how difficult it would be for a new user to jump into either of these platforms. WooCommerce wins handily in this aspect, thanks to its lower barrier of entry for e-commerce enthusiasts.ConclusionPicking a winner between WooCommerce vs Magento  wasnt easy, since  no single platform will fit the needs of every user perfectly. While some of you may agree with our decision to pick WooCommerce, others may find themselves more at home with Magento. Youll need to take into consideration several criteria including performance, security, product management, and your overall budget – along with your own unique needs.In the end, our decision in this WooCommerce vs Magento title fight was based on  the following reasons:WooCommerce is  simpler for new users to pick up – especially if theyre already familiar with WordPress.The platform has a wide library of great extensions.Its cheap to set up. Although your mileage may vary according to the scope of your store, of course.Heres a quick summary to give you a better overview of the differences between WooCommerce and Magento:WooCommerce vs Magento comparisonWooCommerceMagentoPriceFreeFreemiumRequires hosting?YesYesSupports unlimited items?YesYesDoes the platform offer extensions or plugins?YesYesCan it be customized?YesYesDoes it offer analytics?Yes (extensions)Yes (out the box)Is it beginner-friendly?YesNoDoes it offer extensive documentation?YesYesWhich is your favorite e-commerce platform between WooCommerce vs Magento? Tell us why in the comments section below!Free guide5 Essential Tips to Speed Up Your WordPress SiteReduce your loading time by even 50-80% just by following simple tips. * This post contains affiliate links, which means that if you click on one of the prod uct links and then purchase the product, well receive a small fee. No worries though, youll still pay the standard amount so theres no cost on your part.