Monday, December 30, 2019
Operations Management McDonalds Supply Chain - 737 Words
McDonalds Supply Chain McDonalds is a global fast food chain which is known to exercise a great deal of control over the supply chain. The firm relies in a large number of different inputs which are principally products that are sold. The process is diverse, but highly controlled with a limited number of suppliers and the effective use of outsourcing to specialized firms. The process is all supported by complex information technology which makes demand forecasts of up to three months, to ensure that there are sufficient goods in the supply chain, without waste created through the over supply of perishable goods. The supply chain may be broken down into different layers. At the start of the supply chain there the initial sources of the input goods, for example, this will include arable and dairy farmers. These are referred to as tier 2 suppliers. In order to ensure that the supply meets the required criteria McDonald will often work with the tier 2 suppliers to improve output. This he lps to ensure quality and increased efficiency will help to ensure costs are controlled. In some cases the company may make loans or even take equity in upstream suppliers. A good example of supply chain collaboration was seen when the firm started operations in India. There were no local suppliers growing iceberg lettuces, the company worked with some supplier to create a year round supply, aiding with seeds, equipment and relevant agricultural knowledge. The tier 2 suppliers originateShow MoreRelatedMcdonalds Operations Management Essay1145 Words à |à 5 Pagesand time in the operation management department of the business. This report will focus on the business, McDonaldââ¬â¢s and what practices they have put in place to ensure that they are producing their products efficiently and sustainably. The business will also be compared and contrasted alongside the American fast-food restaurant chain famous for its fried chicken, providing recommendations on how McDonaldââ¬â¢s co uld further improve their business in the area of waste and time management. Business BackgroundRead MoreA Research Project On Mcdonalds Canada1513 Words à |à 7 Pagesand value for every customer, every timeâ⬠. (McDonaldââ¬â¢s Canada, 2015). For McDonalds to achieve their mission statement they will have to create some internal strategies to help push for perfection. Strong training is one strategy that McDonaldââ¬â¢s uses for overall success. McDonaldââ¬â¢s has one of the Worlds best training with hands on skills development, teaching employees time management, teamwork, and customer service/ communication skills. McDonaldââ¬â¢s ability to offer opportunity is another internalRead MoreMcDonalds Supply Chain Management1142 Words à |à 5 PagesMcDonaldââ¬â¢s Supply Chain Supply chain management, or SCM, is concerned with managing the inputs of goods or services for final users from acquiring the raw materials through the end of the productââ¬â¢s useful life. The inputs of goods or services include a wide variety of activities not only in a single department in a company but also from different departments and outside the company; they are cross-functional activities that contain increasingly complex networks supply chains in the businessRead MorePhysical Distribution and Logistics of Mcdonalds1182 Words à |à 5 Pages A company the size of McDonalds requires the value chain to be increasingly important. Not only does McDonalds want to add value for the customers, but also the firm looks for ways to improve the operations that makes McDonalds a more efficient business .McDonalds is constantly striving to add value to the firm for their customers, and in doing so, the firm has created efficiency in getting the products to the customers quickly and as fresh as possible. McDonalds is constantly looking forRead MoreProduct Design Development and Product Lifecycle Analysis of McDonalds Corporation811 Words à |à 3 PagesProduct Design, Development and Product Lifecycle Analysis of McDonalds Corporation McDonalds competes in one of the most mercurial and fast-changing industries there are, where product lifecycles must be aligned both to rapidly changing customers preferences and tastes. The inherent need for the McDonalds product strategy to stay relevant, topical and in demand for consumers also requires a highly integrated, real-time supply chain that can react quickly to changes in product strategy and theRead MoreThe Four Level Processes That Works850 Words à |à 4 PagesProcesses: The four level processes that works in the Mc Donaldââ¬â¢s are 1. Operations excellence: they have a specific way of making burgers, that a person cannot see and once it gets completed they put it in a certain shoot. These shoots only contain their runner products (runner products are the products who have high frequency and volume). Their runner products would be, chips, big mac, hamburger etc. the person behind shoot is taught in a very specific way so that they can produce X number of burgersRead More McDonalds in India Essay examples1083 Words à |à 5 Pages McDonaldââ¬â¢s Corporation, established in 1955, owns one of the worldââ¬â¢s most well-known and valuable brands and holds a leading share in the global branded quick service restaurant segment. The Corporation has more than 30,000 restaurants in 119 countries serving 47 million customers each day. McDonaldââ¬â¢s entered India in 1996 through joint ventures with two Indian entities, Hardcastle Restaurants Pvt. Ltd. and Connaught Plaza Restaurants Ltd .Hardcastle Restaurants Pvt. Ltd. owns and operates McDonaldââ¬â¢sRead MoreThe Logistics Of Mcdonald s Supply Chain983 Words à |à 4 Pagesinfluence on the amount of supply required from suppliers. Increase in demand results in increase of supplies to meet the required inventory. In addition, a decrease in demand will also require the inventory to be reduced. Hence, demand has a one way direction effect on the supply chain. The logistics of McDonaldââ¬â¢s is divided into three phases just like in most other companies. Inbound logistics phase involves the activities that take place between the delivery of supplies and their storage. The nextRead MoreMarketing Plan For Mcdonalds Company1101 Words à |à 5 PagesOffering more products or offering more complex products makes operations management more difficult in multiple ways. One way an operations managerââ¬â¢s job gets more difficult with complex product offerings is inventory becomes more difficult to manage. The more items you offer in your product line, the more suppliers you will need to supply you with the materials to produce the offerings. For example, the operations manager for McDonaldââ¬â¢s currently might deal with a fish supplier for their fish-filetRead MoreFast Food Feast - Mcdonalds Versus Whataburger1643 Words à |à 7 PagesFast Food Feast-McDonaldââ¬â¢s versus Whataburger Student Name Course Date Instructor Fast Food Feast - McDonaldââ¬â¢s versus Whataburger Operation and Supply chain management (OSCM) is one of the foundations that successful businesses count on to provide a competitive advantage within their industry. The goal of OSCM is to develop and maintain a system that effectively and efficiently manages the flow of raw material resources into useful end products for consumer use (Chase, 2006). In the
Sunday, December 22, 2019
Movie Analysis Korean Horror Films - 1785 Words
Korean horror films are unique in that regardless of space and time many have Confucian ideals emphasizing family relationships embedded within their story. One of the most prominent qualities revealed through various KOFA screenings, which showcase prominent Korean films from various decades, is that many of the films hail their roots from Korean folklore and ghost stories. Korean horror did not truly develop until the 1960ââ¬â¢s, although the first ghost story can be traced to 1924 with The Story of Jan-hwa and Hong-ryon. However, due to the Korean film industryââ¬â¢s evolution under Japanese occupation from 1910 to the end of the Second World War it is difficult to accurately document its development. Films during this period often contained propaganda in support of the Japanese government and artistic films were often blocked from production (Paquet, 8). It wasnââ¬â¢t until the industrialization and rapid Westernization of South Korea that the film industry reached its G olden Age. A Tale of Two Sisters produced during this time showcases the departure from the folktale based on new cultural or historical contexts affecting the original storyââ¬â¢s portrayal. Particularly what influenced certain elements to endure in audience appeal and others to dissipate not only during cross-cultural adaptions but also across generations within the same culture? While the West was gaining success in the 1980ââ¬â¢s with its Hollywood ââ¬Å"slasherâ⬠films, the Korean horror period is often forgotten. It wasnââ¬â¢tShow MoreRelatedThe Act Of Killing By Joshua Oppenheimer1497 Words à |à 6 PagesMovie productions produce an extensive range of exclusive films to engage the audience in their film-making process and creation. A customized amount of movies deliberately contain a theme of social unrest. The creation of such film is mainly accomplished by recreating the occurrence and presenting it in a similar perspective, making it available to their current or future audience. However, what are the motives filmmakers desiring to produce a reenactment film regarding social unrest and how doesRead MoreMovie Review : Falls Short Of Expectations 1407 Words à |à 6 PagesWhen creating a movie about Neo-Nazis living in Los Angeles, one might expect there to be violence. Indeed, American History X; directed by Tony Kaye is a film just abo ut that subject and absolutely gives the viewers watching it an immense amount of violence. There have been critics like Peter Travers; movie critic from Rolling Stone Magazine, for instants, who have gone on to praise the film and even calling it ââ¬Å"An explosive, scorched-earth drama.â⬠They explain how the film was powerful and importantRead MoreReasons Why Filipinos Love Koreanovelas3837 Words à |à 16 PagesKoreanovelas are a hit in the Philippines. Background of the Study Korean dramas have become popular throughout Asia and have contributed to the general phenomenon of the Korean wave or also Known as Hallyu (Eckersley, 2009). Asianovelas get the attention of the Filipinos since ABS CBN aired Meteor Garden in 2003. A year later, GMA 7 started to air Koreanovelas like Stairway to Heaven and Endless Love which gained the most popular Korean drama that time. On the other hand, ABS CBN aired Lovers in ParisRead MoreSacrifice And Saving Private Ryan4254 Words à |à 18 Pagesworldwide gross is $481,840,909 with over half that just from the domestic US market alone. Not only was this film a financial success, it is also critically acclaimed. The film has won 79 awards; five of those are Oscars, and another 62 nominations for just about every category that there is to be nominated for. More recently Saving Private Ryan was awarded a place on the National Film Presentation Board in 2014. (IMDB) World War II has always fascinated me. Growing up, I used to watch The HistoryRead MoreA View from the Bridge: Story of a Brooklyn Longshoreman6101 Words à |à 25 Pagesmovement trying to clean up the corruption on the Brooklyn waterfront: Out of it would come a movie script (never to be produced); a play, A View from the Bridge; and a trip to Hollywood, where I would meet an unknown young actress, Marilyn Monroe, and at the same time come into direct collision with the subterranean machine that enforced political blacklisting and the ideological disciplining of film writers, actors, and directors (149). Millerââ¬â¢s distillation of that period provides a convenientRead MoreProject Managment Case Studies214937 Words à |à 860 Pagessituations, but keep in mind that the larger case studies, such as Convin Corporation and The Blue Spider Project, could have been listed under several topics. Several of the cases and situations have seed questions provided to assist the reader in the analysis of the case. An instructor s manual is available from John Wiley Sons, Inc., to faculty members who adopt the book for classroom use. Almost all of the case studies are factual. In most circumstances, the cases and situations have been taken fromRead MoreManagement Course: MbaâËâ10 General Management215330 Words à |à 862 Pagessetting their own pace), workers can be pushed to perform at higher levelsââ¬âlevels that they may have thought were beyond their reach. Charlie Chaplin captured this aspect of mass production in one of the opening scenes of his famous movie Modern Times (1936 ). In the ï ¬ lm, Chaplin caricatured a new factory employee ï ¬ ghting to work at the machine-imposed pace but losing the battle to the machine. Henry Ford also used the principles of scientiï ¬ c management to identify the tasks that each worker shouldRead MoreLogical Reasoning189930 Words à |à 760 Pageslooking at alternative actions that can be taken, then considering the probable good consequences of each action and the probable bad consequences while weighing the positive and negative impact of each consequence. Itââ¬â¢s a kind of cost-benefit analysis. Exercises 1. Columbus Day is an American holiday. Write a short essay that weighs the pros and cons and then comes to a decision about whether there should be more or less public celebration (by Americans and their institutions) on ColumbusRead MoreExploring Corporate Strategy - Case164366 Words à |à 658 Pagesmain issues inï ¬âuencing the competitive position of a number of organisations in the same industry with a relatively short case. For a case that permits a more comprehensive industry analysis The Pharmaceutical Industry could be used. However, if the purpose is more focused ââ¬â illustrating the use of ââ¬Ëï ¬ ve forcesââ¬â¢ analysis ââ¬â the TUI case study or Illustration 2.3 on The Steel Industry could be used. Some cases are written entirely from published sources but most have been prepared in cooperation withRead MoreMarketing Mistakes and Successes175322 Words à |à 702 Pagesfollowing classification of cases by subject matter to be helpful. I thank those of you who made this and other suggestions. Classification of Cases by Major Marketing Topics Topics Most Relevant Cases Marketing Research and Consumer Analysis Coca-Cola, Disney, McDonaldââ¬â¢s, Google, Starbucks Product Starbucks, Nike, Coke/Pepsi, McDonaldââ¬â¢s, Maytag, Dell, Hewlett-Packard, Newell Rubbermaid, DaimlerChrysler, Kmart/Sears, Harley-Davidson, Boeing/Airbus, Merck, Boston Beer, Firestone/Ford
Saturday, December 14, 2019
Jp MorganCo./ Chase Manhattan Bank Merger Free Essays
JP MorganCo. / Chase Manhattan Bank Merger 1. Introduction The combining of two or more companies, generally by offering the stockholders of one company securities in the acquiring company in exchange for the surrender of their stock. We will write a custom essay sample on Jp MorganCo./ Chase Manhattan Bank Merger or any similar topic only for you Order Now (referenca 1) Mergers are a common practice in the business world because they enable increased efficiency and market share. 2. History 2. 1. JP MorganCo. J. P. Morgan Co. , was founded in New York in 1871 as Drexel, Morgan Co. by J. Pierpont Morgan and Philadelphia banker Anthony Drexel. The firm made its first big splash in 1879 when it sold financier William Vanderbiltââ¬â¢s New York Central Railroad stock without driving down the share price. (referenca 4) During the late 19th century and early 20th century J. P. Morgan Co. financed a lot of engineering and innovative projects. Some examples funded by it are the Brooklyn Bridge and the Panama Canal construction. Besides these projects it was also present at the birth of aviation, providing banking services to the pioneering Wright brothers from the early years through their invention of the worldââ¬â¢s first successful airplane. referenca 4)During the years of World War I r, J. P. Morgan Co. aided the British and French, arranging a $500 million loan r, J. P. Morgan Co. aided the British and French, arranging a $500 million loan. In 1959 Morgan merged with Guaranty Trust Co. (commercial and investment banking) to create Morgan Guaranty Trust Co. of New York, later forming a holding company that restored t he famous J. P. Morgan Co. name. (referenca 4) 2. 2. Chase Manhattan Bank Chase Manhattan Bank was formed in the year 1955 with the merger of Chase National Bank and the Bank of the Manhattan Company. referenca 2) In the 1970s, Chase added nearly 40 new branches, representative offices, affiliates, subsidiaries and joint ventures outside the United States. In 1973 Chase opened a representative office in Moscow, which was the first presence for a U. S. bank in the Soviet Union since the 1920s. It also became the first U. S. correspondent to the Bank of China since Chinese Revolution . (referenca 4) During the 1970s and 1980s the Chase Manhattan Bank was led by David Rockefeller, and it emerged as one of the largest and most prestigious banking concerns. It had leadership positions in syndicated lending, treasury and securities services, credit cards, mortgages, and retail financial services. (referenca3) The Chase Money Card was the first Visa debit card offered by a bank in New York. In 1985 Spectrum was launched, which is an electronic home banking service that not only permitted banking transactions but also allowed customers to buy and sell stocks through a discount broker affiliated with Chase. (referenca 4) Chase Manhattan Bank is the product of two megadeals that came earlier, its mergers with Manufacturers Hanover and Chemical. In 1991, Manufacturers Hanover Corp. erged with Chemical Banking Corp. , under the name of Chemical Banking Corp. , then the second-largest banking institution in the United States. (referenca5) Then in 1996 Thomas G. Labrecque merged the Chase Manhattan Bank with the Chemical Banking Corp. (referenca2) This merger created the largest bank holding company in the United States at that time, and it was prior to the merger with JP MorganCo. 3. JPMorgan Chase Co. On December 31 of year 2000 the two banks J. P. Morgan Co. and Chase Manhattan Bank united to create the name of J. P. Morgan Chase Co. keeping two of the most established names in U. S. banking. This merger created a financial services powerhouse and became a strong rival of firms such are Merrill Lynch, Goldman Sachs and Morgan Stanley Dean Witter. (refernca 6) Before the merger the CEO of the Chase Manhattan Bank was William Harrison, and of the J. P. Morgan Co. was Douglas Warner. After the creation of the combined company, J. P. Morgan Chase Co. the Chief Executive and president was assigned William Harrison while Douglas Warner was retained as a chairman. (referenca 7) The merger was approved by the Federal Reserve Board on December 11 and by the New York Banking Board on December 14, 2000. referenca 8) à à In 1999, the two banks combined had net income of approximately $7. 5 billion and revenue of approximately $31 billion. With the settlement of the deal, valued $36 billion, it acquired $660 billion of assets. (referenca 6) Under the deal J. P. Morgan stockholders received 3. 7 shares of Chase. The newly created company is a financial holding company , a global financial services firm and a banking institution in the United States of America. It operates worldwide, in more than 60 countries to provide corporate banking solutions to clients. referenca 3) It is engaged in different kinds of activities such are in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. (referenca 9) After the merger of the year 2000 came more mergers and acquisitions of the Company with other institutions that would shape it to its final form. Below are listed some of the most important ones: * In 2004, Bank One Corp. merged with J. P. Morgan Chase Co. , keeping the name JPMorgan Chase Co. by uniting the investment and commercial banking skills of J. P. Morgan Chase with the consumer banking strengths of Bank One. (referenca 5) * In 2008, J. P. Morgan Chase Co. acquired The Bear Stearns Companies Inc. , strengthening its capabilities across a broad range of businesses, including prime brokerage, cash clearing and energy trading globally. (referenca 4) * In 2008, à J. P. Morgan Chase Co. paid $1. 9 billion to the F. D. I. C. to acquire all of WaMuââ¬â¢s assets, branches and deposits. With WaMu, J. P. Morgan had $905 billion in deposits and 5,400 branches nationwide, rivaling Bank of America in size and reach. (referenca 9) The major businesses of the J. P. Morgan are: * Investment Banking- The firm serves 8,000 clients in more than 60 countries. Clients includeà corporations,à financial institutions, governments andà institutional investors. (referenca 10) It offers a full range of investment banking products and services in all major capital markets. * Card Services- The company has 94 million cards in circulation and $135 billion in managed loans. (referenca 10) They are distributed and designed to satisfy the needs individual consumers, small businesses and partner companies. * Retail Financial Services-It is formed to help consumers and businesses with their financial needs. This sector includesà consumer banking, small business banking, auto, education, insurance and home finance. * Commercial Banking-Serves its clients with activities like lending, treasury services, investment banking and asset management. (referenca 5) * Treasury Securities Services- Is one of the largest cash management providers in the world to support the CFOs, treasurers, issuers andà investors. (referenca 10) * Asset Management- A global leader in managing investments and wealth for its clients. References: 1. http://www. investopedia. com/terms/m/merger. asp#axzz2IEmsQoNR 2. http://www. ndb. com/company/684/000052528/ 3. http://en. wikipedia. org/wiki/JPMorgan_Chase#Controversies 4. http://www. jpmorganchase. com/corporate/About-JPMC/document/shorthistory. pdf 5. http://www. jpmorganchase. com/corporate/About-JPMC/jpmorgan-history. htm 6. http://www. forbes. com/2000/10/18/1016topdeals_2. html 7. http://cnnfn. cnn. com/2000/09/13/deals/chase_morgan/ 8. http://www. innercit ypress. org/jpmcmb1. html 9. http://topics. nytimes. com/top/news/business/companies/morgan_j_p_chase_and_company/index. html? offset=10s=newest 10. http://www. marketswiki. com/mwiki/JPMorgan_Chase_%26_Co. How to cite Jp MorganCo./ Chase Manhattan Bank Merger, Papers
Friday, December 6, 2019
Accounting and Taxation Income Statement
Question: Discuss about theAccounting and Taxationfor Income Statement. Answer: Attachment 1: As defined by various scholars, income statement is a part of annual accounting where the expenses are matched against the income to find out the bottom line of the company. During the preparation of accounting a cycle of the accounting practices are adopted. The accounting information is reflected in periodical basis. The major steps in preparing the accounting statement are as following; Analyzing of the information and recording transactions via journal entries Posting journal entries to ledger accounts Prepare unadjusted trial balance After preparing adjusting entries Adjusted trial balance has to be prepared Financial Statements has to be prepared Closing Temporary Accounts (Investopedia, 2016) The time limit for carrying on net capital loss is none and thus keeping all records of any capital loss is essential as the setoff can be done at any moment of time as there is no time barring. The important aspects of records types are Transfer or purchase receipts. Market valuation details. Details of Advertising cost, accountant, agent and legal person. Details of rates and taxes of land and insurance costs. Receipts of any transfer or purchase. Borrowed money details for the said assets purchase along with interest on such borrowings. The records must provide the flowing details Details of capital loss or capital gain calculation and the related event or transaction. The happening date. Transactions done by or details of parties. Type of incident or transaction. The basic motto to keep records is to guard all future requirements for saving an assesse from paying extra amount towards CGT. One good example is that a father has left a will for his son who gets some share in the will and plans to sale these shares. Now he needs all old records to determine the actual CGT to be calculated on this transaction. Tom Katzen Tax Computation Amount $ Amount $ Income from Salary 85,000 Income from Capital Gain 18,000 Total Income 103,000 Less: cost of a seminar 1,000 Depreciation of computers 700 Repairs of Equipment 560 Accounting Charge 540 Donation 300 3,100 Taxable income 99,900 Less: Discount from Capital Gain 9000 Less: Rebate on health insurance 357.2 Taxable Total Income 90,543 Tax on Total Income 21,447.84 Less: Total tax withheld 15,500 Tax Payable 5,947.84 There are significant factors which are crucial in calculation of the tax liability of Tom Katzen who is a resident. The income derived from the sources in Australia and outside Australia would be taxable. The person is also the owner of Sneak-a- Boo. The business is of selling new and second hand sneakers. As an individual he has earned some income in the Accounting Year 2015-2016. The income is taxable. In the income year 2015-2016 he earned salary of $85,000 and also capital gain of $18,000. Tom Katzen has also earned franked dividend of $7,000 which had $1,000 and franking credits allocated. The capital gain assessment is different issue. Some consideration has to be made before inclusion of the capital gain in taxable income head. Capital Gain Tax in Australia is more or less related to making Capital gain by selling ones home. The capital gain is exempted by 50% as per the Income Tax Assessment Act,1997 law in Australia but the law can be used for broader sense and usage also. The Principle Place of Residence or PPR is the qualifying requirement for getting Capital Gain Tax or CGT Exemption. A Capital gain or a capital loss is in short means that the amount that is realised on selling a capital asset and the amount thus received is the difference between the amount at which it was acquired and at which it was sold. The tax to be paid on such capital gain is called capital gain tax or CGT and it forms the part of income tax and thus assessed under Income Tax Assessment Act, 1997 (ATO, 2016). These records will help to determine the exact CGT calculation. Although assets purchased prior to 20th September, 1985 is fully exempted from CGT , there is an exception to this which is that if any adjustments or improvements or any additions are made after 20th Sept, 1985 then it may be taxable under CGT under ITAA, 1997. Hence it is very important to keep track of CGT assets as date plays an important role in its treatment (Pwc, 2013). The franking credit is the tax paid by the dividend paid by the Australian company to the Australian citizen is taxed under the system imputation. The tax paid by the company will be imputed towards the shareholders of the company. The tax paid by the company is attached as the franking credit with the dividend paid. The dividend received by the taxpayer is known as franking dividend. The important part of the calculation is to avoid franking credit and the franking dividend (Ato, 2016). Attachment 2: Part B As the definition of income statements suggest that all the incomes and the expenses are recorded and matched against each other. The revenues and other income are reduced by expenses. The expenses which are allowed to be matched against revenue should be business or business related expenses including raw materials or finished goods that are purchased to produce goods for sales. The heads of expenses are Salaries and Wages, Administrative expenses, Rent and Taxes and other expenses. In the Balance Sheet, the assets and liabilities are recorded. The target of the business is to understand the assets and the liabilities situation. The assets and the liabilities are recorded that reflect the financial status of the company (Accountingexplained.com, 2016). The income statement is the reflection of total income and of the total expenses. It helps to calculate the Sneak-a- Boo Statement of Income Amount $ Amount $ Cash Sales 315,000 Credit Sales 28,000 Insurance Proceeds 7,000 Insurance Proceeds: Storm 13,000 Bad Debts 1,000 Total Income 364,000 Payments Cost of Sales 192,000 Council rates - business 6,000 Legal expenses in relation to the bank loan 2,000 Entertainment of suppliers and large customers 1,660 Repairs after storm damage to windows and carpets 12,000 Staff wages 80,000 Superannuation for staff 7,600 Advertising 27,000 Other deductible expenditure 10,000 Motor Vehicle Expenses 12,850 Total Expenses 351,110 Profit Out of Business 12,890 Cost of Sales Opening Stock 16,000 Add: Purchase 195,000 Less: Closing Stock 19,000 Cost of Sales 192,000 The calculation of net income includes various factors. The loan receipts cannot be considered as income but Insurance proceeds can be recorded as income only if the actual cost of repairing the damaged part is lower than the insurance claim. Or there is another option to it, which says that actual income after the repair can be part of the income statement. As the accounts are being maintained as accrual basis, pre paid advertisement with an impact of more than one accounting year cannot be recorded in the income statement but it would be shown as the asset in balance sheet. The Prepaid expenses once exhausted would be shown as the income otherwise the reflection would be in cash and adding the expenses as the asset. The depreciation is allowable expenses and the depreciation value $12,800 to be deducted as expenses in Income Statement. Based on the purchase data and the stock in trade data cost of goods sold is to be calculated and to be shown as the expenses in Income Statement. Attachment 3 - Part C Statement of Income $ $ Fees received 450000 Interest on drawings 500 Interest on drawings 750 Total Income 451250 Less: Expenses Rent of the training venue and sundry expenses 35000 Salary of part-time trainers 125000 Salary of Tom 35000 Salary of Claude 60000 Superannuation contributions for assistant 250 Bank loan repayments interest 1500 Interest on capital - Tom 1000 Interest on capital - Claude 1000 Interest on loan from Claude 2500 Purchase of heart monitors 6000 Total Expenses 267250 Net Income 184000 Distribution of Income $ Tom 92000 Claude 92000 The problem is clearly indicating the fact that the partnership is equal partnership. The interest paid to two partners is same. There are some expenses which are to be deducted from the income statement. The drawing can be considered as expenses as it would only be reduced from the capital account. The payment of principal amount is not allowable as deduction but the interest is allowable as deduction. Attachment 4: D The following amounts for which there is no present entitlement; Tom Katzen $10,000 James Katzen $10,000 Scott Katzen $4,000 Jennifer Katzen $2,500 Oliver Katzen $2,500 The above amount was set aside by the trustee based on his own discretion. The personal nature of expenses would be allowed to be paid by the trust but cash apportionment is not allowable as because, the trust profit cannot be distributed among the beneficiaries of the trust. The trust expenses are allowed to be paid to the discretion of the trustee but the trust deed shall have to have the mention of it and should be related to the object of the trust. References: Accountingexplained.com, 2016. Accounting Cycle. [Online] Available at: https://accountingexplained.com/financial/cycle/ [Accessed 21 September 2016]. Ato, 2016. How dividends are taxed. [Online] www.ato.gov.au Available at: https://www.ato.gov.au/Forms/You-and-your-shares-2013-14/?page=5 [Accessed 22 September 2016]. ATO, 2016. The indexation method of calculating your capital gain. [Online] www.ato.gov.au/General/Capital-gains-tax Available at: https://www.ato.gov.au/General/Capital-gains-tax/In-detail/Calculating-a-capital-gain-or-loss/The-indexation-method-of-calculating-your-capital-gain/ [Accessed 13 September 2016]. Investopedia, 2016. Accounting Equation. [Online] Available at: https://www.investopedia.com/terms/a/accounting-equation.asp [Accessed 21 September 2016]. Pwc, 2013. Australia: Legislation to remove 50% capital gains tax discount for foreign and temporary residents is now law. [Online] www.pwc.com Available at: https://www.pwc.com/gx/en/hr-management-services/newsletters/global-watch/assets/pwc-australia-removes-capital-gains-tax-discount.pdf [Accessed 19 September 2016].
Thursday, November 28, 2019
Smart Growth Essay Example
Smart Growth Essay Actually smart growth is community development program aimed at revitalizing older suburbs and central cities, supporting and enhancing public transit, promoting bicycling and walking, preserving agricultural lands and open space for people. From definition it is apparent that smart growth canââ¬â¢t be negative and perception of smart growth is misinterpreted. Smart growth tends to revitalize ââ¬Å"the already-built environment and, to the extent necessary, to foster efficient development at the edges of the region, in the process creating more livable communitiesâ⬠. (Cox 2003)It is necessary to state that smart growth advocates planning in order to develop and to revitalize communities which preserve natural and cultural resources, distribute efficiently the benefits of development, promote public health, expand range of housing and employment opportunities, etc.à The main components of smart growth are: historic preservation, transit-oriented development, affordable hou sing, mixed-use development, walkable-friendly design, preserving open space and reusing land, protection of air quality and water suppliers, etc. Thus five main tools are: (Cox 2003)1.à à à à à Incentive programs aimed at encouraging development of land in eco-friendly manner. Programs to be employed in Leesburg: tax incentives, revolving funds, grants and loans.2.à à à à à Open space protection aimed at developing policies of open space and agricultural protection. Programs to be implemented in my town are:à quality development of urban areas.3.à à à à à Growth rate tools. Leesburg could develop rate allocation systems, caps, capacity limits and finally phasing systems.4.à à à à à Growth management tools. It means that city should establish boundaries of urban development and design development zones.5.à à à à à Comprehensive Planning. Leesburg can guide growth management by involving zoning on all government levels to prov ide realistic view of planning. (Cox 2003)
Monday, November 25, 2019
Japanese Relocation in WWII essays
Japanese Relocation in WWII essays In December of 1941 following the attack on Pearl Harbor, the United States went into a state of panic and war preparation. Among the panic, Americans began to feat that there were Japanese spies among the population of Japanese-Americans. Loyalty was a strong custom in Japan, and many feared that this loyalty would turn Japanese-Americans against the United States. The government became concerned with national defense as the war with Japan began, so General J. L. De Witt, the head of the western defense command, urged Congress to relocate thousands of Japanese Americans living in California to detention camps. He was not concerned with whether or not the person is an American citizen, just that they were of Japanese decent. De Witt wanted to move those of Japanese decent because the Western Coast was close to the Pacific Ocean, where most battles would be fought with the Japanese. The relocation of 120,000 Japanese to detention camps directly violated the Constitution in many ways, although the Supreme Court never ruled that this removal was unconstitutional. Many historians and political analysts, however, believe that direct rights were violated (1). Article XIV. Section 1 of the Constitution declares that, No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws. (2) This right was directly violated when the Japanese-Americans were taken to the relocation camps without due process of law. Article IV of the Constitution protects the people from unreasonable searches and seizures. A warrant describing the place to be searched and the persons or things to be seized is needed to raid a home. No such warrant existed when the 120,000 people were seized from there homes. (1,2) Furthe...
Thursday, November 21, 2019
Offensive Ad Essay Example | Topics and Well Written Essays - 2000 words
Offensive Ad - Essay Example I have however, submitted this report for your review and to further guide your future marketing decisions. The report is a comprehensive one and raises all issues with offensive advertising. After reading wide on the theory of advertising and what the society considers as offensive, I set off to do a survey using Dale Wurfel Used Vehicles. Luxury German auto-maker BMWs original 2008 ad featured a female model lying on a bed, looking seductively at the camera. Both ads display the same image. This ad features a young blonde woman who is considered a non virgin as the copy reads ââ¬Å"You know you are not really the first. But do you really care?â⬠Well, used car owners may not care about buying a used car but Iââ¬â¢m sure many women will care that they are being objectified in order to sell used cars. The two images are displayed below. 7 To examine how consumers react to print advertisements on second hand cars that have been labeled as offensive. I also compare the dimensions of consumer perceptions for different respondents and how consumer perceptions are related with intentions to reject the products and the brands because of the ads. A survey of 25 respondents aged 17 to 58 from Strathoy, Ontario where the used Dale Wurfel dealership is located. A questionnaire with two ads containing sexism and other themes was constructed. Data were collected through the neighborhood. Findings on perceptions of the offensive advertisements among the respondents were mixed. Overall, as expected, older respondents were less accepting of offensive advertising, as they liked the advertisements less than younger respondents. However, they were also more likely than younger respondents to find the advertisements convincing and informative. Results showed that old respondents and young respondents had different dimensions of advertising perceptions. The two print advertisements that received the most negative perceptions both contained sexually-oriented body images. The
Wednesday, November 20, 2019
Assignment Example | Topics and Well Written Essays - 1000 words - 13
Assignment Example doing working-class activities ââ¬â and a performance that spark up controversy in the 60s because of its escape from the traditional morality and religion plays. Amidst the competition from renowned theatre houses in Toronto, Studio 275 will primarily rely on traditional publicity such as the use of media release, posters and flyers as well as giving out first hand information through direct marketing to theatre schools and organizations within its reach. Its audience will be composed of women from all income brackets, regardless of their age and background. It will emphasize the plot as something that is contentious in the past and will be refreshed through Studio 275ââ¬â¢s production that will bring your memory and interest as to what have these women of the 60s have gone through. Studio 275 was established in 1985 with topmost priority in play development as a means of supporting Canadian playwrights and building the repertoire of Canadian plays. Moreover, the first 15 years of its existence gave emphasis on producing local works but eventually turned in producing shows that reflects the Canadian experience from many generation as well as history and sensibilities that people have brought to the country. This season, the company will focus on series of productions featuring the different sides of women caught up in differing situations. This yearââ¬â¢s presentation will start off with Michel Tremblayââ¬â¢s first professionally produced work Les Belles Soeurs (The Sisters-in-Law) directed by Judith Chapman. The story created such controversy in the 60s because of the ââ¬Å"joualâ⬠language used by women while discussing about men, religion and Bingo. It represents the working class women in Montreal, doing working-class activities while uttering vulgar language which shocked the Quebec stage in the 60s. 1. Women (Vistors and Canadians). This market includes women from all walks of life, regardless of its social status and age. The title may spark up their interest
Monday, November 18, 2019
Miley Cyrus symbol of pop culture Essay Example | Topics and Well Written Essays - 1250 words
Miley Cyrus symbol of pop culture - Essay Example She further showcased her transformation into adulthood during the August 2013 Video Music Awards where wearing skin-colored undergarments and using stuffed animals, she greatly pushed the line of what viewer generally expected from prime media. From a gender perspective, the pornification of nearly everything has quickly emerged to be a substantial problem in our culture, and according to Empire et al (2013), this practice has only grown more entrenched and widespread as a result of the availability of the internet on the phones of teenagers. While the problem is particularly pervasive, pop music is where the two tectonic plates of commerce and sex are seen to most vigorously interact as is easily evidenced by the recent transformation into adulthood by Miley Cyrus. There is evidently no doubt that women have slowly become increasingly sexualized in music videos over the last few decades. The apparent need for women to display their nudity so as to sell records as is witnessed in Miley Cyrusââ¬â¢s recent music videoââ¬â¢s is arguably not the best thing for the female gender. Questions can be raised as to whether Miley Cyrus is in actually in control over her own personal destiny or is simply being exploited by record companies and managers who stand to financially make the most gains from her nudity and other recent exploits. While feminist might be strongly critical of Cyrusââ¬â¢ recent transformation, she has nevertheless seen an increase in her popularity and following. On the racial front, Cyrus is reported as having reported that he wearing gold teeth and twerking with the African American artist Juicy J at the House of Blues in a bid to signify that she was now dangerous and wild, was all an attempt to try and cause her new songs to essentially feel black. This strategy has largely been successful as she has managed to connect with both her white and black
Friday, November 15, 2019
Functions and Importance of Communication
Functions and Importance of Communication Any attempt to emphasise the importance of communication in modern day existence, clichà ©d as it may sound, is bound to be superfluous. In all probability, human life would cease to exist in its present form if communication were to be taken out of the picture. Communication helps humans in a myriad ways, by defining their identities and in satisfying their needs for affection, inclusion, assertion, relaxation and control. It is necessary at all waking hours; during work and at play. It is essential for gaining knowledge and building relationships, for doing daily tasks, and for achieving progress in life. Over the years extensive research, by social scientists and human relations experts, has given rise to an extensive body of literature on the subject. It is the purpose of this essay to take up the issue of communication within organisations and groups; evaluate its functions, and analyse its importance. All organisations, large or small, business, governmental or not for profit, have agendas that could range from the very complex to the extremely simple. Communication is a demanding organisational issue and vitally important to organizational functioning for the execution of these agendas, regardless of size, nature or industry type. Professor Leif Aberg (1998) of the Department of Communication, University of Helsinki states that communication gives these organisations momentum by fulfilling four basic functions, namely (a) supporting core functions, (b) profiling, (c) informing and (d) socialising. While the relative importance and scope of these four functions depends, to a great extent upon the size and nature of individual organisations, all four functions, taken together, undoubtedly account for most of the formal communication that occurs within organisations. Core functions of different organisations could range from manufacturing products to providing services; or as is the case with many governmental bodies, executing administrative work. Core processes, irrespective of their nature, can occur only through effective communication between organisational members. Communication can be top down, bottom up, horizontal or diagonal. Again it can relate to any or more of the issues involved in the carrying out of core functions. Incidences of such communication can occur in multifarious ways and can vary from production instructions given to a machine attendant to the distribution of work schedules by a supervisor or the routing of a customer order to the kitchen of a restaurant. Ineffective communication results in the creation of intra-organisational barriers and stifles efficient operations. Effective communication between the management and the workforce has, as such, become an accepted imperative for organisational excellence, and breakdow ns in this area are inevitably regarded as issues of major concern Profiling comes into play when long term corporate, product, service, or manager profiles are created. These profiles basically relate to crucial strategic choices made by organisations concerning their long term goals and objectives. A long term product or service profile, for example, represents the business strategy of an organisation. It would thus necessarily need to be communicated to all members of the organisations to make them aware about key organisational decisions and road maps. The dissemination of information within an organisation is another key component of organisational communication structure. Very typically, significant amounts of information are regularly processed within an organisation. These can (a) relate to events as well as developments that are internal or external to the organisation, or (b) concern organisational decisions taken at senior levels. Such information may need to be conveyed to members of the establishment. Decisions to communicate this sort of information are usually taken by members of senior management in consultation with communication managers. Recent developments in Internet Communication Technology, for example, could be of interest to all members of a communications company. In such a case, the communications manager might well decide to select and convey information that could be relevant to the employees or which pertains to developments that could well impact the company in the short or medium term. Information about internal decisions could cover a very broad ambit and possibly include details about organisational performance, targets, personnel policies, promotions, increments and the like. It is imperative to ensure that real time business information reaches all ranks and functions in the organization. Considering the bulk of such information, it is thus but appropriate that the majority of communication matters within organisations deal primarily with dissemination of routine information. The last regular function of communication concerns socialisation. Socialisation is primarily a process wherein members of an organisation or group learn to assimilate and internalise the behavioural norms, attitudes, thought processes and work ethics of the parent body. In most cases socialisation occurs when new entrants join organisations and take up their responsibilities. Its need could arise for existing organisational members too if they have to be transferred to different locations or departments. Socialisation is essentially a learning process and could be needed, both at the time of induction of employees into an organisation, or at the time of their induction to work. It is one of the primarily responsibilities of the Human Resources function and normally takes place through training and induction protocols. These protocols are obviously dependent on communication through written, audiovisual, personal interaction, mentoring, or classroom mediums for their actual operation . Apart from these four standard functions, informal communication takes place constantly within organisations and groups and serves to increase social interaction between colleagues and co-workers; thereby helping in building relationships, inculcating feelings of belonging and strengthening organisational loyalty and commitment. The British Army, for example, encourages officers to get together at regimental messes, after the days work, to bond and build relationships of trust, regimental pride, camaraderie, and loyalty towards the country and the Queen. Informal communication takes place, most commonly between people who share the same workplace, as well as within small groups who build relationships in canteens, office gyms and during informal group activity events. While this type of communication is generally outside the administrative control of organisation, most organisational leaders try to ensure that informal communication remains healthy, or rather, that it does not dispar age anybody. Most HR managers feel that informal communication should protect the interests of the organisation and remain free of gender or race abuse. Communication is not thought of any more as a routine and peripheral function. Its role as a driver of organisational success is well accepted and managements are increasingly trying to ensure its optimal use in the shaping and steering of organisations. Richard Luss and Steven Nice (2004) of Watson Wyatt state that communication serves organisations in two major ways. Firstly it drives superior performance by ensuring the following. Employees feel connected to the business and understand how their actions can support it. New employees exhibit solid connections to the company culture starting from their initial days on the job. Communication quickly connects employees to changing business challenges, facilitating faster adjustments to fluctuating market conditions. Management effectively connects with employees through strong leadership during times of organizational change Secondly, it helps in improving business performance by ââ¬Å"(a) building a strong foundation of formal communication structure and processes, which rely on employee feedback and effectively use technology to connect with employees, dealing directly with the strategic issues of change, continuous improvement and business strategy integration and alignment, and (b) by changing employee behavior by inducing changes in managersââ¬â¢ and supervisorsââ¬â¢ behavior and by creating a line of sight between employees and customersâ⬠(Luss and Nice, 2004) The challenges of modern business and the intense and ever-increasing competition that have become its distinguishing features demand sharp and cutting edge operational efficiencies. The use of excellent communication is proving to be one of the most effective tools in the hands of organisational leadership for routing their companies towards ambitious targets and greater successes. References Aberg, L, (1998), Organisational communication as a strategic resource, Retrieved January 10, 2007 from www.valt.helsinki.fi/staff/aberg/iabclast/ Harris, T. E. (2002). Applied Organizational Communication: Principles and Pragmatics for Future Practice. Mahwah, NJ: Lawrence Erlbaum Associates. Kramer, M. W. (2004). Managing Uncertainty in Organizational Communication. Mahwah, NJ: Lawrence Erlbaum Associates. Luss, R and Nyce, S, (2004), Connecting Organizational Communication to Financial Performance: The Methodology behind the 2003/2004 Communication ROI Study, Retrieved January 10, 2007 from www.ociabc.org/events/presentations/ROI_Study_Methodology.pdf Manning, P. K. (1992). Organizational Communication. New York: Aldine de Gruyter. Tourish, D. Hargie, O. (Eds.). (2004). Key Issues in Organizational Communication. New York: Routledge.
Wednesday, November 13, 2019
The Bank of New York and its History Essay -- essays papers
The Bank of New York and it's History On February 23, 1784, a small advertisement appeared in The New York Packet, one of the many New York newspapers of that era. This advertisement announced that prominent New York citizens had established a bank. The bank, established by the prominent, would not officially open for business until June 9, 1784. That bank would come to be known as the bank of New York. Alexander Hamilton, a well-known New York attorney, was asked to write the constitution of the new bank. He complied and therefore Alexander Hamilton was credited with the founding of the Bank of New York. The Bank of New York is the oldest bank in New York and along with that is one of the oldest banks in the world since banking the way we know it today began in the 18th century. Alexander Hamilton later went on to become the Secretary of the Treasury in President George Washingtonââ¬â¢s first cabinet. In 1789, Hamilton negotiated the first loan obtained by the new Democratic government. The amount of the loan was $200,000, and was issued by The Bank of New York. Hence, not only is the Bank of New York one of the oldest banks in the world, but it is also a historic one because it was the first bank in the United States to issue a loan. Adding to that historic feeling, when the New York Stock Exchange was created in 1792, the first stock traded was the Bank of New York's stock. The Bank of New York played a major role in the economic growth in the New York metropolitan area. The Bank was also involved with the growth of transportation. The construction of the Morris Canal in New Jersey and the Erie Canal in New York were partially funded by the Bank, which also provided financing to the steamboat companies that benefited from these waterways. Through investments in nearly every railroad and utility, as well as in the construction of the New York City subway system, the Bank of New York continued to provide vital capital to the expanding American economy. However, far more emphasis was given to conservative practices and retaining the confidence of our customers. That policy enabled the bank to survive the economic turmoil of the early twentieth century. Throughout its 200-year history, the Bank of New York has been involved in many mergers and acquisitions. Through mergers with the New York Life Insurance & Trust Company, The... ... to service our current needs. It is also important that they are committed to the ongoing investment in technology required to deliver the securities, cash and investment management support services we require. The Bank of New York is a well-established financial institution that has outlasted numerous financial hardships, including the Great Depression. It has a long history of providing excellent services to its customers. In the present day, The Bank of New York continues to live up to that reputation by offering its customers a variety of financial services. The future can only get better for the Bank of New York. With the technological era in full swing, the Bank of New York is taking full advantage by specializing in technological securities. In conclusion, The Bank if New York is a historical financial institution that played an important role in the economic growth of the United States. No other bank can say that it has done as much for the United States as has done the Bank of New York. Bibliography: 1. http://www.gwdg.de/~ifbg/bank_2.html 2. http://www.bankofny.com/about/ahst.htm 3. http://www.bankofny.com/util/usgx.htm 4. www.bankofny.com
Monday, November 11, 2019
Operation Essay
Southern Fire-fighters, New Zealand Railways, Speights Brewery, Otago Hospital Board, and Cadburys. They limited membership to employees and their families in each case. In 1986, due to growth, the (renamed) Fletcher Challenge Employees (Otago) and the Southern Fire-fighters Credit Unions co-operated in the sharing of office facilities. They purchased a site on a main thoroughfare in Dunedin, just down from the central business district, and erected a modern single story office with street frontage, and provided service to members on a full time basis. Methods for financial transactions varied from manual to different types of computer operated systems. The mid to late 1980s saw great change in the New Zealand economy and society, with the introduction of (new right) `Rogernomicsââ¬â¢ policies. The Labour Government deregulated the financial services sector, resulting in the entrance and proliferation of foreign owned banks, and other types of financial service providers, and conversion of building societies to banks, many of them seeking a share of the basic business of credit union, viz personal loans, with a consequential significant increase in competition. However, the banks introduction of sophisticated technological services, in the shape of ATM, and Eftpos, made rural banking relatively expensive, resulting in branch closures. In addition the then Labour Government sold the old Postbank to the ANZ bank. Unemployment increased significantly in the country, and compounded the rural problem, as organisations downsized in a massive way, particularly in the public sector. Questions for Discussion 1. Suggest a possible strategy(s) for the survival of the credit unions in Otago. Phase Two: (1987-95) Otago, in order to take advantage of economies of scale, and thus compete more favourably in the market place. The industrial credit unions had flourished over the period, but the directors realised that their individual sites once saturated, provided little potential for membership growth, particularly in the face of major downsizing. At this point the Railways and Speights credit unions had merged with Fletcher Challenge Employees Each credit union received sufficient support from their respective memberships for amalgamation. The regulator for the credit union industry, the Registrar for Friendly Societies and Credit Unions (Registrar), approved the merger, such that the newly named Credit Union Otago (CUO) opened for business in November 1987 at its Dunedin premises, and functioned with four full time professional staff working a fiveday week. Becoming a community based credit union meant opening up membership to anyone resident in Otago, which has a population of about one hundred and forty thousand. As the first region in New Zealand to undergo this process, Otago provided the model for others to follow.
Friday, November 8, 2019
Revivalism Essay Essays
Revivalism Essay Essays Revivalism Essay Essay Revivalism Essay Essay ââ¬Å"Revivalism is an reliable Afro-Christian spiritual common people signifier that evolved during the eighteenth to 19th century. Initially. it was the native Baptist Christians who joined forces with the Moravians. and other non-conformist churches to go the precursors of the motion. However. Jamaica was said to hold experienced a spiritual motion called the Great Revival in 1861. which saw the incorporation of much more African keeping in the motion. Pocomania is more African in signifier while Zion is more Christian oriented. â⬠[ 1 ] Upon fixing to ship this journey. I was a spot disgruntled that I had to wake up in the wee hours of the forenoon to travel this ââ¬Å"Watt Townâ⬠jaunt. but I still approached with a unfastened head. though I had an thought of what to anticipate. seeing that I was already acquainted with quite a few Evangelists. Honestly I expected it to be a waste of clip. but upon seeing the family of my friends. while waiting on the coachs which were scheduled to take us on our journey it got easier and easier. we engaged in gags and anthem we swore were Revivalist anthems but Mr. Grey rapidly busted our bubble and told us that those anthems were Pentecostal. We were greeted by a semi-pleasant but slow coach driver. but the vibration in our coach rapidly took our heads off the length of the journey. I view Evangelists as extremely spiritual people who are in melody with liquors with from assorted kingdoms. known as Heaven. Earth and Ground spirit kingdoms. I met with a batch of different Evangelists. but what I found instead interesting was the fact that the nucleus of what they were stating were similar but they were besides many elusive differences. For illustration I met with a adult male. whose name is Joseph Whitter. of the Olivette Seventh twenty-four hours church. nd he seemed to be rather respected in the church community. he blatantly stated at the beginning of the conversation that. ââ¬Å"Revivalism is the lone manner to be savedâ⬠. we had a long drawn out treatment on what are my personal positions on faith and the gap statement he made. where I told him that I strongly disagree with that statement and I believe that the re is merely one God and peace and love is the ultimate end. which everyone should seek to accomplish. no affair what religion one identifies with. I so met with Miss. Barbara Harper of the same church. Olivette Seventh twenty-four hours church. and she stated that people should travel to any church they want to travel to and make anything that is genuinely delighting to God. when I mentioned what her church brother thought about the same thing. she said that there is no 1 manner to acquire to heaven and that people spend more of their clip in competition with other denominations and faiths instead than giving congratulationss to the most high. I laughed a spot and I was in entire understanding with her statement. We so started to speak about her life. and how she was before she identified that Revivalism was for her. I could see that the motion really helped her and improved her life. before traveling on I thanked her for being so honest and concluding with me. stating her that I would listen to her talk any twenty-four hours for she had a broad and unfastened head and I perfectly hated extremist minded people. who try to coerce their philosophies and beliefs down peoples pharynxs. When we eventually arrived at Watt Town. after our excess long journey I had no thought of what I was approximately to witness. the site was like nil I had seen before. I was greeted by what had seemed to be 100s of people. I discovered that Watt Town was holding what had seemed like an inter -church convention. I saw kids from assorted schools and immature grownups like our egos at that place to see this effort. One of the first things I noticed about the Evangelists was they were have oning different uniforms in different manners and colorss. I wondered and asked why were they dressed like this and a sort lady told me that each church was represented by different uniforms. The seal is the focal point of the church ; this is where the angels are believed to attest themselves. This is the most sacred country of the land and is a welcoming tool. The seal is a dominant characteristic in all evangelist churches because the seal encourages liquors which come and possess the members. enabling them to transport out their plants of healing and worship. It is advised that one should walk around the seal three times to pay regard to the Tribune God. Some seals can be seen with silver coins in them. this is payment to the liquors for their aid. The flags and streamers we saw at the forepart play a really of import function in the revivalism. A tall pole normally marks a resurgence land. The flags on the pole are used to assail go throughing liquors. the attractive force of liquors is really of import to revivalism because they believe in many liquors and that they can be appeased or summoned to help in their daily lives. Each streamer has its ain intent. Green means anything of nature. Blue and white agencies peace. tap love and ruddy bases for the blood of Jesus. Upon embarking to the top of the construction. some pebbles started to rain from a roof top. some hitting my caput. non understanding anything about what was traveling on yet. I didnââ¬â¢t take kindly to this. that confused me a bit more than I already was. When a group of us eventually got to the top we noticed the different worship circles/prayer group. and I was pleased by some as I saw some circles which were assorted with members of different churches. this showed me that pride was non an issue and did non impede worship. and the chief end. amplifying the most high. I stood in astonishment right following to two worship circles and I heard assorted choruses. some I had heard before. some I had non. I was familiar with vocals such as ââ¬Å"Madda de great rock got to moveâ⬠and ââ¬Å"Rock oh! Rock sanctum. stone Ohio! Rock holyâ⬠. Bing a instrumentalist I enjoyed this facet of the jaunt. placing the keys and the chord patterned advances that would travel with their simple but effectual tunes. I noticed that even though their uniforms were different. they had many things in common. I noticed that many of them had caput wraps with assorted pieces of letter paper in the wraps. I laughed at this sight because I thought they were taking notes or something. but as I went on and I learned more I discovered that the pencils. swayers and scissors that I saw resting in their caput wraps had particular significance. The pencils and swayers signifies mending among the followings. the scissors were carried around by a specific set of people. known as the therapists. who use the scissors to literally cut immorality from around the individuals being healed. as demonstrated to us by a immature adult male named Otis. A few of the Evangelists were besides seen transporting around a metre swayer. this was given to people who had been populating a righteous life and who were slated to be married. We saw some people rinsing their face with sugar H2O. this was said to convey clearance and pureness. the supplication shawl was said to stand for the Tribe of Judah. as we learned that. like the Rastafarians there was a batch of African roots in Revivalism besides. and they used ruddy green and gold to place with Ethiopia and Ghana. When I inquired about a lamp I saw an aged adult female transporting about. she said that the lamp besides represents healing and religious visible radiation because evangelists donââ¬â¢t walk in the darkness. These mending symbols were brought from Africa with the slaves and became an built-in portion of the evangelist healing services. As a consequence the present twenty-four hours evangelist has maintained the pattern. I asked some Evangelists of their existent businesss and from the answers I found out that they were either twenty-four hours workers. higglers or fishermen. ( more than probably belonging to the lower category ) I saw that this must hold contributed to the contemptuous intervention by mainstream and middle/upper category Christians. They consider them to be extremely superstitious. heathen. crude and amusing in ritual behaviours particularly when they suspect them of practising obi. The contempt heaped on the lower category involved in revivalism can be traced to colonialism. Stratification was practiced on the plantation non merely from the position of Whites to none Whites or but besides among the inkinesss. The free slave felt himself above the house slave who felt they were superior to the field slaves and there was farther stratification in that group depending on the pack to which they belong. Seaga. in his Hagiographas in the 1980ââ¬â¢s explained that Revivalism besides has different degrees within its construction. There is the Leader who is the cardinal figure of importance ; below the leader are the armour carrier. shepherd male child and female parent. The leader is neer normally questioned on the ground for ritual observations. The ritualistic signifiers of Revivalism takes three major signifiers such as supplication meeting. street meeting and rites for specific intents for illustration tabular arraies. communion tables and baths. The meetings are normally opened to the populace. Revivalism is divided into two groups. Zion and Pocomania. Pocomania is more African in signifier while Zion is more Christian oriented. they are referred to as 2 different religious groups the 60 and 61. the 60 spirit ( Zion ) are individuals who believe in merely one God. the Celestial liquors. archangels. saints and angels. Ho are viewed as steadfastly rooted and committed Christian. The 61 ( Pocomania ) spirit comprises of persons who take bids from earth-bound liquors are the ââ¬Å"Fallen Angelsâ⬠( demonic powers ) . from God and from The Ground liquors are those of the human dead that are non biblically mentioned. I noticed that the people o f the 60 spirit. look down the 61 in a manner which gave me a feeling of segregation between both of the groups. I noticed that like other Christians. Evangelists besides go on fasting Sessionss but they canââ¬â¢t merely acquire up and fast they have to be ordered by the holy spirit. Besides apart a Revivalists civilization includes heavy use of flowers they believe that when you place the flowers in H2O and travel to kip you dream see your hereafter. whether it brings devastation or luck. Some of my positions on Evangelists were different after the trip. antecedently I thought that. Revivalists merely went to church like other Christians and the worship was similar but I was mistaken. I besides thought that they used instruments but I discovered that their organic structures were their instruments. stamping and grunting to assist them maintain clip and to supply percussive sounds. In my sentiment the greatest gift Evangelists can give to the Jamaican civilization. is their sense of integrity. holding being bashed for many many old ages. I saw that these people remained strong and stood house for what they believe. That is what many faiths and people of Jamaica need to last through good times and bad. this was what I took off from the journey. and if I didnââ¬â¢t take anything else. I was glad I took this quality from the Revivalists. integrity is strength and they will everlastingly be a changeless reminder of that value.
Wednesday, November 6, 2019
Free Essays on Performance Report
PREFACE Chart a course for every endeavor that we take the peopleââ¬â¢s money for, see how well we are progressing, tell the public how we are doing, stop the things that donââ¬â¢t work, and never stop improving the things that we think are worth investing in.â⬠President William J. Clinton, on signing the Government Performance and Results Act of 1993 Today when we talk about customer satisfaction and quality, we talk not only about the quality of products and services that totally satisfy customer needs and expectations in every respect on a continuous basis but we also talk about the quality of processes, information, people, systems and objectives. In short, quality is all encompassing is the way of life. The greatest realization in the pursuit of quality is that all this can happen only if people have a shared vision for the company and are totally committed to giving their best. For people to cause change in technology and systems they need to demonstrate behavior, which fosters teamwork based on the values of self-discipline, patience, openness, respect and trust. Till recently, performance appraisal was seen as a prerogative of the manager, who used to write a report about his subordinates. In fact, even today performance appraisal is known as a ââ¬Å"Confidential reportâ⬠in government parlance. Times are changing. With the advent of liberalization, employees have much more employment opportunities and hence can be no more treated as commodities. Employees have a right to know how they are performing. They also have a right to conduct self-appraisal and discuss the same with their superiors. Performance management and appraisal is no more linked only to wage and salary revisions, or promotions, but concentrated more on identifying needs for employment development. This project was taken up specifically to stress the need of planning, developing and implementing a performance management and appraisal system, wh... Free Essays on Performance Report Free Essays on Performance Report PREFACE Chart a course for every endeavor that we take the peopleââ¬â¢s money for, see how well we are progressing, tell the public how we are doing, stop the things that donââ¬â¢t work, and never stop improving the things that we think are worth investing in.â⬠President William J. Clinton, on signing the Government Performance and Results Act of 1993 Today when we talk about customer satisfaction and quality, we talk not only about the quality of products and services that totally satisfy customer needs and expectations in every respect on a continuous basis but we also talk about the quality of processes, information, people, systems and objectives. In short, quality is all encompassing is the way of life. The greatest realization in the pursuit of quality is that all this can happen only if people have a shared vision for the company and are totally committed to giving their best. For people to cause change in technology and systems they need to demonstrate behavior, which fosters teamwork based on the values of self-discipline, patience, openness, respect and trust. Till recently, performance appraisal was seen as a prerogative of the manager, who used to write a report about his subordinates. In fact, even today performance appraisal is known as a ââ¬Å"Confidential reportâ⬠in government parlance. Times are changing. With the advent of liberalization, employees have much more employment opportunities and hence can be no more treated as commodities. Employees have a right to know how they are performing. They also have a right to conduct self-appraisal and discuss the same with their superiors. Performance management and appraisal is no more linked only to wage and salary revisions, or promotions, but concentrated more on identifying needs for employment development. This project was taken up specifically to stress the need of planning, developing and implementing a performance management and appraisal system, wh...
Monday, November 4, 2019
Jesus the Jew and Christianity Origin Essay Example | Topics and Well Written Essays - 250 words
Jesus the Jew and Christianity Origin - Essay Example According to the documentary film, Jesus is a Jew, historical person born during the Roman occupation in the town of Bethlehem, in the Nation of Israel. Jesusââ¬â¢ father, Joseph, was from the town of Bethlehem which was a royal town of King David.Joseph was from the lineage of King David, whose family had been promised a messiah. For Jesus to fulfill this promise, He had to be born a Jew. Jesus was, therefore, a direct descendant of King David who was a Jew. Jesus would later be circumcised and baptized according to Jewish traditions. He also believed in the Mosaic Law and preached in Galilee which was entirely Jewish. Apostles would later spread the gospel from Jerusalem to Africa, to South America and from Syria to Britain. Paul was very instrumental in the spread of the Gospel especially throughout the Roman Empire and Europe and wrote 14 letters of the New Testament. The focus now changed from Jerusalem to other areas and for the first time, the followers of Jesus Christ were called Christians in Antioch.
Friday, November 1, 2019
Bibliography Essay Example | Topics and Well Written Essays - 750 words
Bibliography - Essay Example Investors who are risk-averse and are searching for a recognized periodic payment arrangement usually prefer to invest in bonds. On the other hand, investors who wish to risk more than is the case with bondholders, and are seeking to be included as joint partners in a corporation. Investors who are risk-averse and are searching for a recognized periodic payment arrangement usually prefer to invest in bonds. On the other hand, investors who wish to risk more than is the case with bondholders, and are seeking to be included as joint partners in a corporation. The source describes one disadvantage in investing in stocks being that they do not necessarily guarantee returns. Bonds, however, guarantee returns (Kristof, 17). The source also states that there are greater prospects of high returns with stocks, even though there is also the likelihood of losing money. Compare and contrast the advantages and disadvantages of each? Milevsky, Moshe. Are You a Stock or a Bond?: Identify Your Own H uman Capital for a Secure Financial Future, Updated and Revised. New York: FT Press, 2012. The source describes stocks and bonds as being types of investment that give people the chance to invest their money in a specific business establishments in the hope of accruing handsome profits in future. Though both of these have a number of similarities, they also differ considerably in many ways. Both of these financial tools, in general, allow an individual to be able to invest in private or public companies, in the hope of being a future beneficiary through accrued profits. Stocks, which define the ownership shares in a corporation, are often the most favored by short time investor. One disadvantage in investing in stocks is that they do not necessarily guarantee returns. Bonds, however, guarantee returns. Therefore, there are greater prospects of high returns with stocks, even though there is also the likelihood of losing money. The source asserts that stocks are descriptive of a busin essââ¬â¢s shares (Milevsky, 84). When a shareholder uses his own money to buy stocks from the company, he is actually acquiring ownership of the business. When the business realizes any profit, a percentage of it is given to the shareholders. In the matter of bonds, when a person invests in them, he is actually lending money to the business in question with the expectation that the firm will reimburse the bonds' amount along with a pre-determined interest rate on a definite time period. According to the source, business establishments may need to raise capital in such ways in order to expand into different localities or new ventures. They also raise capital in order to fund their businesses. Usually, it is the developing businesses that favor issuing stocks to get the necessary finances as this facilitates their growth while helping them to avoid accumulating more debt. The larger corporations are more likely to prefer acquiring capital by availing bonds without giving the chance of ownership to additional shareholders. The Risks involved in making investments in stocks and bonds Bernstein, William. The Ages of the Investor: A Critical Look at Life-cycle Investing. New York: CreateSpace Independent Publishing Platform, 2012. The source states that for the most part, making such investments in a company always has different risks for the shareholder; but can also deliver handsome profits (Bernstein,
Thursday, October 31, 2019
Vietnam's Market Potential Case Study Example | Topics and Well Written Essays - 1000 words
Vietnam's Market Potential - Case Study Example As Vuong, Q.H. (2003) states, Vietnam provides a very potential market for Pepsi products. There is great amount of interest in these products and raw materials are locally available from agricultural commodities that are produced in large quantities. In every meeting, the first question is if they should go to Vietnam. Many global companies have preceded Americans in venturing in Vietnam. Daewoo by South Korea was the only large investor but other companies that have heavily invested in Vietnam are Sony Honda, Toshiba, and British Petroleum bad Peugeot. The first US Company to market legally in Vietnam was Carrier, which windows air conditioners which appeared in Ho Chi Minh City and Hanoi stores. Pepsi and coca cola companies were also first to venture in Vietnam. Vietnamese Market Potentials and Challenges Experts believe that the market of Vietnam has great long term potentials. However, compared to Thailand, it is less economically developed, and it might take it a minimum of two decades to reach the economic level of Thailand today. However, the location of the country at the center of Asia, together with enough low wage work-force powerfully attracts foreign investors into the country like a magnet. Presence of neighboring countries like Thailand and Malaysia which are fast developing has made Vietnam lag behind. Politically, the Vietnam War isolated it from industrial west as well as United States. Recently, the country has tried to solve many problems with Chinese government and currently, china is an important economic ally of Vietnam. Vietnamese population is so poor that they only earn $200 per capita (International Monetary Fund, 2010). This may still offer sufficient market for Pepsi products like tomato and chili sauces. Infrastructure is also under developed where only 10% of roads are paved and electricity is also very unreliable (Anonymous). However, manufacture of Pepsi may not be affected because raw materials are readily available within the locality and labor force is sufficient and cheap. For every 100 people, there is rarely a telephone available and the system of banking is underdeveloped too. However, Vietnamese communist party is currently struggling to adapt market economy principle and bureaucracy. With layers built up in decades of the rules of communist, which slow change pace. State committee for investment and cooperation is the key agency and because every agency wants to make the final decision, then the investment climate must be improved, if Pepsi and other companies are to thrive well in this country. How Western Countries can Help Improve the Political Climate in Vietnam Western countries can sign business contracts with Vietnam in order to improve the market conditions in Vietnam, besides ensuring a ready market for the produc ts. Western countries should also stop interfering with foreign affairs of Vietnam, so as to prevent political wars that are frequently witnessed in Vietnam. Diplomatic relations with Vietnam, for example the one reestablished by president Clinton on 11th July, 1995, should be encouraged among western countries because they boost business in Vietnam (Anonymous). Lack of diplomatic relations in Vietnam makes Vietnamese exports difficult to enter western countries markets like US because their tariffs are prohibitive. However, despite the initiatives of Washington, Vietnam does still qualify to the status of favored nation. Bilateral trade agreements can also help open up foreign investment trade in Vietnam besides giving exporters of Vietnam western markets accessibility and this may also largely benefit Pepsi. For example, the US and Vietnam bilateral trade agreement in July 2000 allowed Vietnamese exporters to easily access US markets, thus widening their market and hence
Monday, October 28, 2019
Men Are Superior to Women Essay Example for Free
Men Are Superior to Women Essay Men are Superior to Women for the Appellation of ChineseThe cultures in china, Men are stereotyped as a muscular, tough, and strong figure. Until now, the positions of men are still the same. In the traditional Chinese point of view, they deem that men are better. I donââ¬â¢t deny this opinion because I am a man. As a result, my assumptions for the man culture in china in the following aspects, parental training, education and social expectations. First of all, in my country, parents or grandparents used to treat sons better than daughters. According to my culture, ââ¬Å"men should take care of the outside (means earn money), and women should take care of the business inside (means domestic). â⬠My assumption is in the poor area, when a lady is young; she is not got the best from her parent. They used physical punishments when she was misbehaved; she can not allowed to sleep on the bed or couch, instead, she had to sleep on the ground; while she can not allowed to receive education. Besides parental training, education is another area that I think being a man is better in china. My assumption is there are more choices for men in either high school or college most of the time. It is because in china, the educational system in high schools is divided to two major which is art and science. There are no such requirements that woman couldnââ¬â¢t take the science streams. As well as the education and parental training, there are conscious different in social expectations between males and females in china. It is always true that there are more social expectations of males than females. My assumption is A male without a job is seen as somebody who is simply not fulfilling his or her major social role, whereas a woman without a job is more acceptable. The responsibilities for men are taking care of their soul mate and their family. After leaving school, men just work. All the entire life is about work. However, there are no such things for woman. No one will blame a woman who does not have a job. Even so, once I born as a male, I deserve the challenge. Is it become a men are easier than women? There is no certain answer for this question. I strongly believe that men cultures make their life easier in the following aspects, parental training, education and social expectations. As a result, my assumptions for the men culture in china in the following aspects, parental training, education and social expectations. I am proud of being a man and I know my assumption is negative for the women. Indeed, I do not deny that most of the Asianââ¬â¢ nations limit the femaleââ¬â¢s opportunities. Thus, encouragement needs to be given to girls to help them get past the societies limits on girls. Today, woman power going up and a lot of people talk about men and woman should be more equal. My positive assumption for the future is Chinese culture will start change due to china opens the door to accept new thing form the west. It should be good for women and I hope womenââ¬â¢s life will be better. Now they start trust that men and women are equal in importance, either one side has a heavier proportion.
Saturday, October 26, 2019
1 Corinthians 13 What Is Love Essay
The Excellence of Love (1 Corinthians 13)1 If I speak with the tongues of men and of angels, but do not have love, I have become a noisy gong or a clanging cymbal. 2If I have the gift of prophecy, and know all mysteries and all knowledge; and if I have all faith, so as to remove mountains, but do not have love, I am nothing. 3 And if I give all my possessions to feed the poor, and if I surrender my body to be burned, but do not have love, it profits me nothing. 4 Love is patient, love is kind and is not jealous; love does not brag and is not arrogant, 5 does not act unbecomingly; it does not seek its own, is not provoked, does not take into account a wrong suffered, 6 does not rejoice in unrighteousness, but rejoices with the truth; 7 bears all things, believes all things, hopes all things, endures all things. 8 Love never fails; but if there are gifts of prophecy, they will be done away; if there are tongues, they will cease; if there is knowledge, it will be done away. 9 For we know in part and we prophesy in part; 10 but when the perfect comes, the partial will be done away. 11 When I was a child, I used to speak like a child, think like a child, reason like a child; when I became a man, I did away with childish things. 12 For now we see in a mirror dimly, but then face to face; now I know in part, but then I will know fully just as I also have been fully known. 13 But now faith, hope, love, abide these three; but the greatest of these is love.
Thursday, October 24, 2019
ââ¬ÅThe Sad Fate of Coral Reefsââ¬Â Essay -- Ecology
It was at a young age that I fell in love with the ocean and the splendor of its biodiversity. It was when I gazed upon the magnificent blue waters of the world that I found my passion. At this young age, I decided that I would pursue a path that involved helping endangered marine organisms. Many conclude that I speak of the more common marine animals, such as dolphins and whales. However, that is not the case. My passion lies with the ââ¬Å"Rainforests of the Seaâ⬠, the coral reefs. Coral reefs are the most diverse and biologically richest of all marine ecosystems. As with almost every ecosystem and its members, coral reefs provide several ecosystem services. For instance, coral reefs serve as natural barriers against hurricanes and catastrophic storm surges, their chemicals may treat diseases, and they are a nitrogen fixation. On of the most important functions of coral reefs are that they are a major source of food for people. While they serves as a benefit to humans, coral reefs serve as shelter and food for many organisms, such as sponges, fish, turtles, dolphins, and several other marine life. Coral reefs are, to me, the most incredible organisms present in the world. Generally, coral reefs are overlooked; many do not see their beauty or even know much about them. As I mentioned earlier, coral reefs benefit mankind in many ways, a few examples listed above. Now, I did, indeed, neglect to mention how mankind benefits corals. The reason for this missing aspect is that, as of yet, mankind has truly failed to serve as a benefit for coral reefs. I mentioned that my calling was to help endangered marine animals. Why is it that coral reefs are in need of help? How has mankind affected coral reefs? To begin to discuss how the coral... ...on growth, fishing, and tourism. Nevertheless, I believe that somehow, mankind had positively affected coral reefs. I believe that there have to be people who share my deep admiration for coral reefs and truly value their absolute beauty. Like myself, I believe these people will stop at nothing to protect the reef and its habitats. I hope to, in contrast, further explore mankindââ¬â¢s positive affects on coral reefs before writing my major paper. Works Cited "NOAA's Role." NOAA Coral Reef Conservation Program. N.p., 02 September 2011. Web. 27 February 2012. "How Pollution Affects Coral Reefs." National Oceanic and Atmospheric Administration. N.p., 12 December 2006. Web. 27 February 2012. ââ¬Å"Anthrosphere.â⬠Exploring the Environment, Coral Reefs. N.p. 8 March 2004. Web. 27 February 2012. ââ¬Å"Coral reefs: threats.â⬠World Wildlife Fund. N.p. N.d. Web. 27 February 2012.
Wednesday, October 23, 2019
Indirect Taxes
Using the appropriate diagrams, explain why the relative burden (incidence) of an indirect tax on the producers & on the consumer varies depending on the price elasticity of demand for the good/product. Indirect Tax is a tax placed upon the selling price of a product, so it raises the firmââ¬â¢s cost and shifts the supply curve left or vertically upwards depending on the amount of tax. Because of this shift, less products will be supplied at every price. The diagram below shows the effect of imposing a tax and how the tax is being paid. Thereââ¬â¢re two types of indirect taxes, they are ââ¬ËSpecific Taxesââ¬â¢ and ââ¬ËAd Valoremââ¬â¢.Specific Tax is a fixed amount of tax that is imposed on a product. For example, if the government imposes a tax of $2 per loaf of bread, it will shift the supply curve vertically upwards by the amount of tax, which is S2. This is shown by the diagram below. Ad Valorem, also known as ââ¬Ëpercentage taxââ¬â¢, is a percentage of tax from the selling price of a good. In this case, the supply curve will not shift directly upwards because the gap between the ââ¬Ëpriceââ¬â¢ and the ââ¬Ëprice + taxââ¬â¢ will get bigger as the price rises. For example, a packet of cigarette costs $10.If the government imposes a 20% tax per packet, the tax on each packet of cigarette would be $2. This is shown by the diagram below. When the government puts a tax on a product, the productââ¬â¢s price will usually increase in order to achieve maximum profit. Which means that the quantity demanded for the product is likely to decrease. If the demand for a product is very elastic, then a price increase as a result of the imposition of a tax on the product will lead to a relatively large fall in the demand for the product. For example, Waitrose pasta and Tesco Value pasta both cost $5 per pack.However the price of Waitrose pasta increases to $6 because of the rise in tax. This would result an immediate change in demand from Waitrose pasta to Tesco Value pasta instead. This means that the Tesco Value pasta consumers would carry on buying pasta from Tesco, whiles a lot of the Waitrose pasta consumers would switch to buy pasta from Tesco instead of Waitrose. This can be shown by the diagram below. On the other hand, if the government imposes a tax on a product where demand is relatively inelastic, the demand for product will not fall significantly despite the huge rise in price.For example, coffee and tea both cost $5, but coffee has become an absolutely essential drink in the morning, whiles tea is just for peopleââ¬â¢s interest. If the price of the coffee rises significantly to $10 and the price of tea stays the same, the coffee demanded will not change a lot because people still see it as a necessity good (a good that we canââ¬â¢t live without, or wonââ¬â¢t likely to cut back on even when times are tough), and therefore the change in demand would only decrease by a little. This is shown by th e diagram below.As we can see from the two diagrams above, the share of the tax burden from consumers and producers varies. The reason for that is because the price elasticity of the demand and supply for the product costs a different shift towards the supply curve. Another reason is because there are other firms (different numbers of firms, the size of a firm) producing the same good, causing competition. Therefore, the relative burden of an indirect tax on the producers and consumers would vary depending on the price elasticity of demand for the good/product.
Tuesday, October 22, 2019
How reliable is reliable enoug essays
How reliable is reliable enoug essays In the question at hand, the competing interests that affect the decisions being made are need, feasibility, and ethical standards. As far as need goes, if the market is operating on a system that is less safe and is not having any major problems, the need is not as great as it would be if there were a large demand for increases in safety standards. While there is always a need for safety, this need is only necessary to the extent that the product operates in a safe and reliable manner. If lives are being put at risk the extra error protection bit would be necessary, however it does not seem to put lives in immediate danger, therefore in unnecessary. It would hardly be a feasible decision to add the additional error detection bit from an economic standpoint due to the fact that apparently the cost will outweigh the benefits. This is a cost to both the manufacturer and the consumer, which would lead to high prices and in turn lessen their production and sales possibilities. It has been proven time and time again that in a competitive commercial market, peace of mind is not weighed more heavily than cost when it comes to purchasing and investments. Finally ethical standards must come into play any time you are dealing with the public health and safety. While it would be highly unethical to decrease safety specifications for the sake of cutbacks, as long as the product maintains a safety level that is at or above the current standard, it is an entirely ethical decision to dismiss the option of the extra bit. While the maker of an embedded system has a responsibility to make as safe of a system as possible, they also have a responsibility to make an affordable product. The buying public will be the major deciding factor in how safe a product can and will be. When safety sells, manufacturers will be much more inclined to produce a more expensive yet safe product. The purchasing public is the most widely eff...
Monday, October 21, 2019
Reflections in the Times of Vietnam essays
Reflections in the Times of Vietnam essays The time is spring, the year is 1961 and president Kennedy has sent 400 special forces into South Vietnam. This was the start of a new era in United States history as well as the beginning of a literary revolution. A time when books had powerful views, and songs were of peace or of governmental corruption, and plays or movies were about gruesome wars in strange jungles. This was a time to express reality in words. Then came the press. All of the governments secrets and lies were exposed. Only a free and understanding press can effectively expose deception in government. [Justice Hugo L. Black 1] on the release of The Pentagon Papers. The people were torn. Some wanted to know, and some liked their own worlds of denial. Still even today there are people who say that we never entered into the Vietnamese conflict. Others are living proof, walking aftershocks in the form of P.O.Ws and victims of the chemical agent orange. All of these people were changed forever. People who wake up in fear due to flashbacks of seeing their friend shot and killed two feet away from them. This is Vietnam, and these are reflections of the times. One of the most influenced areas of literature is drama. Movies that show portrayals of the conflict in Vietnam flood the box offices. For instance 1995s Dead Presidents depicts the gruesome truths of the war. All the drugs and deaths are shown in raw, uncensored reality. This movie paints a picture of how people were turned into killers, boys fresh out of high school forced to kill or die. This is as dark as it gets in American history. Another look at Vietnam is Winston Grooms movie Forest Gump (1994). It illustrates how many people entered the army thinking that it was all fun and games. They come to realize that it is much more than that. The characters are shown spending their days cleaning out foxho ...
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