The Great Gatsby has been described as a definitive record of the glamorous side of the Jazz Age Free Essays

The Great Gatsby is loaded with rich spending, enormous gatherings and all round indulgent delight, indicating a ‘definitive record of the charming side’ of the 1920s on each level. America during the 1920s had the most noteworthy expectation for everyday comforts on the planet, the United States possessed around 40% of the whole world’s riches, with this cash the set up rich invested their energy carrying on with a spectacular way of life. During the 1920s the class of the built up rich unquestionably realized that how will generally be marvelous, as Fitzgerald appears through Daisy and Tom Buchanan. We will compose a custom paper test on The Great Gatsby has been portrayed as an authoritative record of the spectacular side of the Jazz Age or on the other hand any comparative subject just for you Request Now The Buchanan’s house was ‘more elaborate’ then Nick expected, it was a ‘Georgian Colonial mansion,’ and they additionally had extravagance things, for example, a ‘motor boat’ and ‘horses.’ Tom clearly invested wholeheartedly in his home and parades, saying that he has ‘got a decent place.’ The cash was additionally spent corruptly; they generally appear to have an ample measure of liquor, as ‘the cocktails’ which Tom drank like ‘it was a drop on the base of a glass’ demonstrating he should drink a great deal. This liquor was purchased wrongfully as disallowance was set up from 1920 to 1933 which prohibited the assembling, deal and transportation of alcohol in the USA. Bigotry Not exclusively did the set up rich have extravagance things, they additionally didn't work for their cash, giving them a lot of available opportunity to spend however they see fit, Baker had sufficient opportunity to take up hitting the fairway, and ‘play in tournaments.’ Yet with this cash and leisure time the Buchanan’s lives are unfulfilled as they have profound objectives, Daisy is miserable throughout everyday life and questions her motivation in life by saying ‘What will we do this evening? What's more, the following day? What's more, the following thirty years?’ this demonstrating the darker side to the 1920s. Fitzgerald shows excitement through Gatsby’s lavish gatherings, Gatsby is new cash as he worked for his cash. From Gatsby’s ludicrous amounts of oranges to ‘the orchestra’ which played at his gatherings, Gatsby ensured that his gatherings were exciting. From the start Gatsby’s parties appear to be enchanted, as Gatsby’s ‘blue gardens were bursting at the seams with the murmuring and the champagne and the stars.’ The ‘floating rounds of mixed drinks pervaded the garden’ and the ‘air was buzzing with babble and laughter,’ everyone appeared to make some fabulous memories. Fitzgerald and his significant other Zelda would have known direct how breathtaking these jazz age parties were as they frequently went to them and they carried on with an exciting way of life. However underneath the marvelousness of Gatsby’s parties we see the more somber side of the 1920s. Fitzgerald shows the work put in to the gatherings, to make the squeezed orange a head servant needed to press ‘a little button†¦ 200 times.’ After the gatherings ‘eight servants†¦ drudged the entire day with mops and cleaning brushes†¦ fixing the attacks of the night before,’ as the gathering visitors left such a great amount of annihilation in their manner. Gatsby’s gatherings might be breathtaking yet he paid a lot to make them thusly. It is asserted that Gatsby brought in his cash shamelessly, by smuggling, Tom recommends this when he said ‘I picked him for a peddler the first occasion when I saw him.’ It was anything but difficult to bring in cash illicitly in the 1920’s, because of restriction many thought that it was anything but difficult to sell liquor over the counter or to speakeasies, which were mystery bars during the 1920s, these individuals were regularly called peddlers. This was an unlawful method of getting the cash; demonstrating unglamorous, illicit acts were done to make these charming gatherings. In this manner liquor in Gatsby’s parties was ample, he even had his own bar, however this liquor prompted heedlessness as owl eyes was ‘drunk for about a week’ and liquor likewise lead to wildness as vehicle crashes, and vicious activities with ladies ‘kicking off into the night, hauled away by men said to be their husbands.’ Gatsby paid a lot of cash yet did the visitors truly care about their host? Scratch was ‘one of the couple of visitors, who had really been invited,’ and of the entirety of the visitors who were at Gatsby’s parties just one went to his memorial service, this shows the mindful disposition and shallowness of individuals during the 1920s. Regardless of the exceptional monetary development and over the top impressive spending during the 1920s, the hole among rich and poor turned out to be progressively common. As the vast majority of the characters are exceptionally well off the rich and glitzy environment characterizes the novel’s tone, the attention on the privileged way of life gives the novel a temperament of excess. In any case, this general public is appeared differently in relation to the destitution of those living close to the Valley of Ashes; which depends on T.S Elliott’s sonnet ‘The Wasteland’. Like Elliott’s no man's land, the Valley of Ashes is a repulsive picture of a profoundly dead world, an image of the breakdown of virtues after the turmoil of the war. In the Great Gatsby we perceive how the Wilson’s live, which is a glaring difference from the Buchannan’s fabulous way of life. Scratch could hardly imagine how the Wilson’s lived in such a spot, h e thought the ‘garage must be a visually impaired, and that lavish and sentimental lofts were covered overhead.’ Their way of life is so unglamorous; it gives the darker side of the Jazz age. Myrtle Wilson made a decent attempt to climb the classes by engaging in extramarital relations with Tom Buchannan, yet even the loft he accommodates her is little and Tom treats her seriously, he even breaks her nose, in his eyes she will consistently be lower than Daisy. George additionally makes a decent attempt to bring in his cash truly, when Tom comes in he is so anxious to have some business, George is a disappointment of the American Dream, he will never accomplish the spectacular way of life he needs to give. Step by step instructions to refer to The Great Gatsby has been depicted as a complete record of the glitzy side of the Jazz Age, Papers

Article Critique

Question: Examine about theArticle Critique. Answer: Presentation: The article, the basic difficulties confronting New Zealands CEOs: suggestions for the board aptitudes are an intriguing perused. The paper is about the 2012 overview of 265 New Zealand CEOs. The article plates the changing idea of human asset the executives rehearses in the enormous associations of New Zealand. The underlying theory of the writers in the article was that human asset experts need to concentrate on the improvement of administrators, and partake themselves being developed procedures that connect inward and outer limits. In the article, writers clarified that associations ought to build up a culture where pioneers could be created. Today, the associations don't just need the chiefs who can accomplish the value-based work yet in addition associations need the pioneers who can change the associations. In the wake of perusing the article I concur that it is conceivable and alluring to be both a pioneer and a supervisor, and they ought to be one of the equivalent. Based fro m past encounters chiefs directed what ought to be done, yet flopped toeffectively give models or appropriately direct the staff.Many contributing components assumed a job to the result, for instance the supervisors absence of information, capacity and authority. At the point when a trough and pioneer are one of the equivalent, thiscan expand finishing objectives and assignment viably, with insignificant pressure, high efficiency and positive results (Jensen Scott, 2014).An powerful supervisor that can provide guidance, give models, lead adequately if change should be executed, and have vision. The conversation of contrasts among pioneers and supervisors from the start seems to be fairly semantic. Now and again it appears that the term director is utilized to show a lesser type of initiative. Mesko Kor (2013) explains this discussion by contending that pioneers must be powerful administrators and compelling supervisors will be acceptable pioneers. One of the greatest quality of the article is its straightforwardness. In a basic yet amazing manner creators clarified the distinction among directors and pioneers and the significance of it for CEOs of huge firms. The primary distinction among supervisors and pioneers is that administrators have people who work for them and that pioneers have people who tail them. A flourishing business singular should be both a solid head and director to have the option to have his group on board to tail him-her make the vision of progress. Be that as it may, as indicated by Pluncknette (2014), the world is brimming with numerous great chiefs, yet there are few directors who are pioneers. Overseeing is centered around taking care of business as effectively as could be expected under the circumstances and controlling the work that is finished. Their emphasis is regularly on their objectives and guiding the representatives to do what is approach driven or hierarchically perceived. Knowing the comple xities of the association, arrangements and bearing and being able to lead and propel customers is the best of the two universes and having the qualities of a pioneer and an administrators ought to be the objective. The essayist accepts there is almost negligible difference isolating the calling of the director and that of a pioneer. In todays economy, associations must underscore on supporting aptitudes, creating ability, alongside augmenting proficiency. In an association, directors and pioneers need to work to characterize reason to their worker as opposed to only an assignment. I concur that that being both a pioneer and director is conceivable or alluring. Being both you must be a case of a solid and positive good example to support, move, and persuade others to work to their maximum capacity for achievement of you, them, and the association. It is trying to be both yet not feasible while the both need to impact others and bolster the necessities and worries of others.The blend of good supervisor and great pioneer is uncommon and important, and unmistakably more helpful than it is possible that only one (Andersen, 2012). Authority takes the capacity to guide and impact others. Significant a ttributes of a compelling pioneer are sharp discernment aptitudes, responsiveness to others needs, hierarchical abilities, great communicator, and the capacity to rouse your group, and be acceptable at setting goals.Authors featured that Leadership and the board have an extensive number of contrasts. Indeed, it is all in all correct to state that all chiefs are directors with a specific goal in mind, anyway not all administrators can be pioneers. It is anyway so as to comprehend that the jobs of arranging, driving, sorting out and controlling inside an association can be performed by both a pioneer and an administrator in equivalent measure. That being stated, there are difficulties looked by both the pioneer and the administrator with respect to the previously mentioned jobs. Seeing as how the chiefs job is one of controlling, they are entrusted with the consistent checking of procedures to guarantee things go as arranged (Drew, 2013). At the point when these procedures go astray, the administrator is for the most part on the less than desirable end. In regard to the pioneer, the difficulties looked in controlling are that the individual in question must accommodate the individual interests of those under him/her with the hierarchical objectives. By and by, I wouldagree that supervisors and pioneers aredifferent and that to be really compelling the two must be joined to detail the perfect chief/pioneer. I do accept that there are numerous successful directors that are bad pioneers and great pioneers that are not generally excellent managers.I had a chief who realized his activity so well that he had it down without deduction yet he never showed signs of change or adjusted he did agood enough employment and all the numbers and errands were cultivated, anyway he never observed or needed to see the master plan upper administration let this happen simply because his assignments were practiced. Hehad insignificant relationship building abilities and no vision to perceive what his area of expertise could have been. There are additionally pioneers who don't oversee well and depend on designating to keep things destined for success. I am not saying this is perfect yet the truth of the matter is there are pioneers out there that can't oversee yet are acceptable pioneers and supervisors that work superbly overseeing however not driving. Like I said earliera mix of the two would be best. I for one accept that self-reflection is the single most noteworthy need that we have as pioneers. Without that all else is scholastic. Except if we can step back and measure ourselves reasonably against these different speculations and discover those territories to improve then we can't develop as pioneers. Regarding driving, chiefs face the test of tenderizing out the best in their workers in term of trust among others, in actuality, pioneers are confronted with the test of adjusting the requirements of the association just as the necessities of people (Sanborn, 2015). Regarding sorting out, supervisors face the test of guaranteeing smooth coordination of work processes between varying offices, where as pioneers are confronted with the difficulties of guaranteeing smoother coordination and the accomplishment of a given venture at determined time periods. Ultimately, concerning arranging, administrators are confronted with the test of facing challenges planning to accomplish a speci fic objective or target. Actually, pioneers are confronted with the errand of facing challenges in quest for long haul objectives and goals. As an end I can say that I would concur with the creators that that the world needs more chiefs who are likewise pioneers. Many individuals can play out the assignments of administrator, however to lead and propel requires characteristics that may not be natural in everybody. With all the various models of initiative and procedures in the executives, it is imperative to recall the individual and tailor ones administration and the executives style to the person.The challenges looked by both the supervisors and pioneers are somehow very comparable. It is significant anyway to comprehend that not all administrators have the potential and capacity to become pioneers (Ou Tsui, 2014).The article, unmistakably characterizes the pioneer and director jobs, recognizing the distinctions and the difficulties of the two jobs. I concur with the meaning of every job, and feel that somebody could serve in the two limits. I would need to state that it would become overpowering and one individual work ing in the two limits would be seriously testing and could harm the group, a group needs an administrator and the chief and group need a pioneer. The two jobs require a particular range of abilities one individual attempting to adjust the two positions won't be gainful to anybody or the business. The attributes and characteristics of coaching and aiding showed by pioneers alongside the heading and oversight of a director should merge together to make a pioneer/chief with all characteristics that creates trust and regard with subordinates to make dependable connections where present moment and long haul objectives are shared by the group. References Andersen, E.(2012).Manage or Lead? Do Both.Retrieved from https://www.forbes.com/destinations/erikaandersen/2012/04/10/oversee or-lead-do-both/#76f5b69d373c Drew, S. what's more, Coulsonà ¢Ã¢â€š ¬Ã‚ Thomas, C., 2013. Change through cooperation: the way to the new organization?.Team Performance Management: An International Journal. Jensen, K., Scott, R.J., Slocombe, L., Boyd, R. what's more, Cowey, L., 2014. The administration and authoritative difficulties of increasingly signed up government: New Zealands Better Public Services changes. Hutchinson, A. Boxall, P. (2014), The basic difficulties confronting New Zealands CEOs: suggestions for the executives aptitudes, Asia Pacific Journal of Human Resources, vol.52, pp.23-41. Kor, Y.Y. what's more, Mesko, A., 2013. Dynamic administrative abilities: Configuration and coordination of top administrators' capacities and the company's predominant logic.Strategic Management Journal,34(2), pp.233-244. Ou, A.Y., Tsui, A.S., Kinicki, A.J., Waldman, D.A., Xiao, Z. what's more, Song, L.J., 2014. Humble CEOs associations with top supervisory group reconciliation and center chiefs responses.Administrative Science Quarterly, p.00018

University Applications Statistics Revealed

University Applications Statistics Revealed The OE Blog After much speculation and contradictory predictions, figures released by the university admissions service UCAS have finally revealed the truth about this year’s university applications. As many predicted, the overall number of students in England applying for university has dropped dramatically by almost 9%, but supporters of the new tuition fees regime claim this is a much lower figure than that predicted by their opponents. When the government revealed plans to raise tuition fees to a maximum of £9000 in 2012 there was a public outcry, especially when almost all universities in England announced their intention to charge the maximum amount. Protesters claimed that the measure would prevent the most disadvantaged students from applying to university, leading to a social divide where the richest would have the privilege of higher education whilst the poorest would be forced straight into the workforce after finishing school at 18. Whilst it is true that the drop in applications this year has not been as dramatic as some predicted, it is nonetheless a considerably large figure. 9% might not sound enormous, but broken down into individual statistics, that represents a significant 43,473 students fewer who have applied for places this year. In addition, it must be taken into account that university application figures had until now been rising year on year, meaning that the drop in applicants might be considered even greater than the percentage figure we have been given, which only takes into account last year’s numbers, rather than the total that might have been projected for this year had the trend continued. More worrying still are the specific demographics affected by the cuts. The government has been swift to point out that the drop in applications from students from disadvantaged backgrounds is low. They have given the figure that these applications are down by just 0.2% but it is not clear how this calculation has been measured. If it takes into account only pupils who receive free school meals, a common determiner of disadvantaged status, then there will be a great many students from poorer areas who may still have been deterred as a result of the fees, but who will not have been included in this glib statistic. In addition, mature students have been extremely badly hit by the rise in tuition fees, with the statistics showing that applicants over the age of 20 were some 12% down compared to last year. Meanwhile commentators fear that the striking dip in admissions will see England falling behind its competitors, not only globally but also closer to home, with the drop in our university applications a shocking 50% greater than that seen across the rest of the UK. The private BPP college, which charges only £5000 tuition fees per year has reported an enormous double crop of applications, whilst UK applications to universities abroad have also increased dramatically. So just because the statistics suggest that the most disadvantaged students have not been deterred from university altogether, they do not mean a financial hierarchy has not begun in higher education, with the wealthiest able to afford degrees from the most prestigious universities and the poorest settling for less well-known courses at less highly-respected institutions.

J. Trading Divisions Between East And North America

Analysis J-Trading is a US-based company that has 350 employees which are spread out across five trading divisions between East and North America. Fifty percent of the employees are Japanese which originally came from JICO but now on a 2 – 5 – year international assignment in the United States. Within the company, J-Trading have two very distinct culture, the Japanese culture and the local culture. After the dot com crash, followed by the 9/11/2001, J-Trading’s revenues were affected badly which forced J-Trading to cut down on work force and expenses J-Trading spends on. Diagnostic After the incident, J-Trading purchases required approval on investments $350,000 or greater from JICO and business and admin divisions were cut down by 10%. Most of the cost had come from the IT department, which meant that Personnel expenses had to be cut down in order to reduce expenses in J-Trading. This affected the IT department as complaints were coming in from employees saying that they are not satisfied with the PC Helpdesks performance, and expect better from the IT department. This cannot be rectified as Sharad Patel who is the manager of the infrastructure section of the IT department, is struggling to keep the employees who work at the Helpdesk to keep their jobs. Also since the infrastructure section are occupied with the daily maintenance, they struggle to find the time to perform any upgrade projects, this causes employees to be demotivated and results a high turnover.Show MoreRelatedJp Morgans Management Structure1657 Words   |  7 Pagesdiscusses management struct ures of enterprises, it includes three main parts: First part is enterprise-investigation, we research JP Morgan Chase Co., according to this corporations development history and structures to analysis the relation between management structure and organization(how different structures effect JPM ocreate). 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How Did Niobe Lose All of Her Children

In Greek mythology, Niobe, who was the daughter of Tantalus, the queen of Thebes, and the wife of King Amphion, foolishly boasted that she was more fortunate than Leto (Latona, for the Romans), the mother of Artemis and Apollo because she had more children than Leto. To pay for her boast, Apollo (or Apollo and Artemis) caused her to lose all of her 14 (or 12) children. In those versions where Artemis joins in the killing, she is responsible for the daughters and Apollo for the sons. Burial of the Children In the Iliad, attributed to Homer, the children of Niobe, lying in their own blood, are unburied for nine days because Zeus turned the people of Thebes to stone. On the tenth day, the gods buried them and Niobe resumed her life by eating once again. This version of the story of Niobe differs from others in which Niobe herself turns into stone. For some context, in the Iliad, many lives are lost in efforts to recover bodies for proper burial. Disrespect of the corpse by the enemy adds to the losers humiliation. Ovids Story of Niobe According to the Latin poet, Ovid, Niobe, and Arachne were friends, but despite the lesson, Athena taught mortals about excessive pride—when she turned Arachne into a spider, Niobe was inordinately proud of her husband and her children. Tiresias daughter, Manto, warned the people of Thebes, where Niobes husband reigned, to honor Latona (the Greek form is Leto; mother of Apollo and Artemis/Diana), but Niobe told the Thebans they should honor her, instead of Latona. After all, Niobe pointed out proudly, it was her father who was accorded the singular honor for mortals of dining with the immortal gods; her grandfathers were Zeus and the Titan Atlas; she had given birth to 14 children, half boys, and half girls. In contrast, Latona was a vagrant who couldnt find a place to give birth, until rocky Delos finally had pity, and then, she had only a paltry two children. Niobe boasts that even if fortune takes one or two from her, she still has plenty left. Latona is furious and calls her children to complain. Apollo shoots arrows (possibly of plague) at the boys, and so they all die. Niobe cries but proudly says Latona is still the loser, since she still has more, with 7 children, her daughters, in mourning clothes beside their brothers. One of the girls bends to pull out an arrow and herself dies, and so does each of the others as they succumb to the plague delivered by Apollo. Finally seeing that she is the loser, Niobe sits motionless: the picture of grief, hard as a rock, yet crying. She is carried by a whirlwind to a mountaintop (Mt. Sipylus) where she remains a piece of marble with tears trickling, and she still has more, with 7 children, her daughters, in mourning clothes beside their brothers. One of the girls bends to pull out an arrow and herself dies, and so does each of the others as they succumb to the plague delivered by Apollo. Finally seeing that she is the loser, Niobe sits motionless: the picture of grief, hard as a r ock, yet crying. She is carried by a whirlwind to a mountaintop (Mt. Sipylus) where she remains a piece of marble with tears trickling.

Cause Effect Essay Final Free Essays

Your mind doesn’t work as sharp as it does when you’re rested, and you just don’t feel like doing anything at the time. Another cal_SSE Of procrastination is laziness. This has no actually reasoning, its just a person’s lack of motivation to get anything done. We will write a custom essay sample on Cause Effect Essay Final or any similar topic only for you Order Now Fear of failure can also cause someone to put things off. When you feel like whatever you do will not be good enough, it can really make a person not want to do what they need to. What’s the point in doing it now, when it’s just going to fail navy’s? Another cause of procrastination is lack of enjoyment. When someone doesn’t enjoy what they are doing, it can be really hard to actually do it. Over-confidence can also be a cause of procrastination. Thinking that you can get everything done at the last minute is something a lot of students think, and it can have some serious effects in the end. When it comes to the effects of procrastinating the list gets very long as well. One effect is stress. Putting things off until the last minute can really stress a person out, and that just adds on more issues for someone. Possible failure is another effect of procrastination. When someone puts it off, and puts it off, the chances of actually getting it done and having it be done correctly are very slim. Most people also feel very guilty when they procrastinate. Eventually the idea of doing it at all sounds terrifying, because you don’t want to face the guilt associated with it. Another effect of procrastination is possibly not accomplishing your dreams. Things keep getting put off and put off and eventually that weight you wanted to get down to never came; or that room you wanted to get cleaned never got cleaned; or hat degree you wanted to earn never happened. The effects of procrastination are staggering, and can possibly destroy a person’s life. It’s never a good idea to constantly put things off until the last minute. Procrastination is a big deal, but its something that can easily be avoided. The causes are lengthy and so are the effects. If you have the time available, and you have something to get done, it’s a good idea to get it done right away instead of putting it off until later. Some people say â€Å"Why do it now when you can do it later†. I say â€Å"why do it later when you can do it now†. How to cite Cause Effect Essay Final, Essays

Financial Management Australian Accounting Standard Board

Question: Discuss about theFinancial Managementfor Australian Accounting Standard Board. Answer: Introduction This essay is based on the subject area of financial management. The primary discussion in this essay is focused on the concepts of accounting measurements and the problems in accounting measurement in context of Australian Accounting Standard Board (AASB) and International Accounting Standard Board (IASB). The discussion under this essay follows a specific follow, which starts with the discussion on the accounting measurement concepts and ends with the evaluation of the issues in the measurement techniques. In order to get a proper flow, the study analyzes and evaluates the measurement technique applied by Amcor Limited, which is a multinational packaging company in Australia. Accounting Measurement Under AASB / IASB Accounting measurement is the most vital part of overall accounting system in the business organizations. Ellul et al. (2015) stated that proper accounting measurement helps to identify and understand the actual strength of the company. In the words of Macve (2015), accounting measurement refers to the measurable element that helps to evaluate and analyze the accounting information. Demerjian, Donovan and Larson (2016) believed that accounting measurement is measuring the financial transaction in terms of money. However, in accounting there are mainly two accounting measurement concepts or methods fair value method and historical cost method. In fair value method, the valuation or measurement is done based on the current market price or value of the assets or liability (Campbell, 2015). On the other side, in case of historical cost method, the measurement of the assets is done based on the original cost or the cost that was spend by the company at the time of purchasing the assets. Therefore, it can be said that the two concepts or methods of accounting measurement differ to a high extent from each other (Barker Schulte, 2015). In this context, Magnan, Menini and Parbonetti (2015) mentioned that there is no such strict rule about the use or applicability of the accounting measurement methods. The business organizations can adopt either historical cost method or fair value method. However, different accounting sand tandards like, AASB, IASB or FASB have preferred to use the mixed method that is fair value as well as historical cost method together at the time of ascertaining the value of the assets liabilities (Bradbury, 2015). This actually creates a huge problem and confusion to the companies while measuring their assets and liabilities. The companies at present scenario are also trying to adopt the mixed concepts for accounting measurement (Akdogan Ozturk, 2015). For example, as per the 2016s annual report of Amcor Limited, the company has measured the financial transactions based on the historical cost concept except few items stated in the balance sheet, which are measured based on the fair value concept (Amcor.com, 2016). At Amcor Limited, the derivative financial instruments, the assets those are available for sale, non-derivative financial instruments through profit or loss and liabilities those are needed to be settles on cash are valued based on the fair value concept (Amcor.com, 2016). The financial report of the company has clearly mentioned that the company has followed the guidelines stated under the AASB. Measuring the financial transactions or assets and liabilities of the company based on the mixed concept of accounting measurement originates several issues during measurement. Strouhal (2015) noted that there is a basic and major difference between the two concepts of accounting measurement. One concept is based on the current price or value and the other is based on the past price (Sotti, Rinaldi Gavana, 2015). Therefore, it is clear that there are huge possibilities that the value of the assets or liabilities will be different if the measurement is done based on two different methods. As stated in the above discussion, the accounting standards do not provide any strict rule for measuring the assets and liabilities of the companies. However, koda and Slvikov (2015) argued that AASB 13 has especially emphasized on the applicability of the fair value method. In the current business world, the companies like Amcor Limited are using the mixed approach of accounting measurement. The major problem that occurs due to the use of mixed concept is the accountants get different values for measuring different financial transactions using two different concepts of accounting measurement (Vlaeminck, Vandoren Vranken, 2016). Due to this, the overall measurement becomes incorrect and the financial reports of the company display inaccurate financial position of the company. However, in order to improve the measurements of accounting transactions, the accounting standard boards suggested the companies to use the fair value method for the accounting measurements (Ryu, Kang Suh, 2015). The standard setters believed that the fair value method is more accurate because it is based on the current market value of the assets or liabilities. However, Munteanu and Zuca (2015) pointed that the fair value method of accounting measurement is not flawless. Moreover, Ebach et al. (2016) argued that the fair value method of accounting measurement influenced the financial crisis in the global economy. According to Sotti, Rinaldi and Gavana (2015), the fair value method of accounting measurement bubbles the prices of the assets in the market, which was one of the main reason behind the global financial crisis in the recent past. Fair value accounting as suggested by AASB or IASB is more accurate method than the historical cost method (Malone, Tarca Wee, 2016). However, the standard setters did not consider the situation when the assets price continuously increases and at a certain point the value suddenly decreases. This type of situation took place in 2007-08 and as the banks were following the fair value accounting measurement method, they were forced to modify the values of the investments, which influenced the financial bubbles (Elfaki Hammad, 2015). However, the sudden decrease in the value of the assets affected the financial positions of the banks badly. In the same way, if the accountants at Amcor Limited use the fair value measurement method continuously, then it is poss ible that the organization may face critical problem in the future financial years. On the other side, Casta and Ramond (2016) mentioned that there are many other problems in fair value accounting. Accounting measurement through fair value accounting may be very problematic if the value of the financial assets swings several times. High volatility in the financial market creates barriers in ascertaining the right price of the financial assets likes derivative instruments (Bond, Govendir Wells, 2016). This problem is a major problem for Amcor Limited also. According to the 2016s annual report of the company, the derivative instruments of the company are measured by using the fair value concept. Therefore, the value of total assets of the company increases when the value of derivative instruments increases and vice-versa. Hence, in the volatile market, the fair value method fails to disclose the actual financial position of the company. Apart from the above-mentioned issue, the fair value measurement concept of accounting measurement sometimes reduces the interests of the investors (Kabir Rahman, 2015). In case of the fair value method, the total value of the company becomes low if the market price of the assets is less. This shows weak financial position of the company in the financial or annual report (Malone, Tarca Wee, 2016). If the investors check the financial reports at the time when the market value of the assets is low, the investors feel insecure and dissatisfied with the financial position of the company. For example, in 2015, the total value of property, plant and equipment of Amcor Limited was US $2566.7 million, whereas the value of the same fixed assets in 2016 is US $2690.9 million (Amcor.com, 2016). Therefore, it can be seen that the increment in the value of plant, property and equipment in Amcor Limited is not that much high, which sometimes de-motivates the investors to invest in Amcor Limited. If the current situation at Amcor Limited is analyzed, then it can be identified that the company is also facing several issues in maintaining the accounting measurement standard stated by Australian Accounting Standard Board or International Accounting Standard Board (Amcor.com, 2016). The major issue that the accountants of the company are facing is changes in the values of the assets for several times. In the last few financial years, the market prices of the assets have changed several times and every time, the accountant required changing and modifying the values of the assets and other financial transactions (Amcor.com, 2016). This is very time consuming and creates confusion. This also increases the chances of mistakes at the time of measuring the financial transactions of the company (Bond, Govendir Wells, 2016). Apart from the issue of several times measurement, the fair value measurement method also creates problem at the time of auditing the financial reports of the company. At the time when the internal as well as external auditors conduct auditing at Amcor Limited, every time they need to check and compare the market price of the assets and the price or value of the assets stated under the financial statements (Amcor.com, 2016). Checking the value of the assets every time is very hectic and time consuming. This actually makes the process of auditing lengthy and at the same time, the cost of the company also increases (Malone, Tarca Wee, 2016). The accounting measurement under the fair value method sometimes fails to provide reliable data to the management at Amcor Limited. The application of this particular method of accounting measurement has been mandated by AASB 13 (Akdogan Ozturk, 2015). However, many times, it has been identified that the method failed to provide reliable and verifiable information regarding the non-financial or intangible assets of the company. This particular method cannot measure the value of the intangible asset like goodwill accurately estimation of the market value (Ryu, Kang Suh, 2015). This influences manipulation of the financial measurement as well as financial reports. As per the annual report 2016 of Amcor Limited it can be said that the value of most of the assets of the company has been measured with the help of fair value accounting measurement method (Amcor.com, 2016). However, the fair value accounting measurement method is not that much reliable at the time of inflation. In recent era, inflation is going on in the Australian market and for that the values of the assets are increasing, which can be seen in the annual reports of Amcor Limited (Barker Schulte, 2015). For example, the 2015, the total value of assets of the company was US $8547.1 million, which increased to US $8682.1 million in the year 2016. This is clearly indicating that the value of the assets has increased from 2015 to 2016 (Amcor.com, 2016). At the same time, in the annual report of the company it has also mentioned that most of the assets are measured by using the fair value method. Hence, it can be said that by using the fair value method, the value of the assets has in creased. Now, if recession comes then the values of the assets of the company will fall suddenly, which will negatively affect the financial position of the company (Sotti, Rinaldi Gavana, 2015). Amcor Limited uses the fair value accounting measurement method as per the suggestion given by the AASB and IASB (Amcor.com, 2016). However, in fair value accounting measurement method, the total capital of the company decreases due to the weak financial condition, which ultimately reduces the share prices of the company in the market. If the 2016s annual report of Amcor Limited is identified, then it can be seen that the capital of the company has decreased at a high rate from 2015 to 2016. In the year 2015, the total capital of the company was US $1466.2 million, which decreased to US $783.9 million in 2016 (Amcor.com, 2016). This indicates that the company faced a weak financial condition and as the capital value of the company reduced, the share prices of the company also fall down in 2016, which is a big loss for the company. Casta and Ramond (2016) stated that the fair value accounting measurement method sometimes destroy the confidence of the people on the company. As stated before that in 2016, the capital value of the company decreased by huge amount. Reduction in the capital directly affects the thinking of the investors. Investors think that the future of the company may not be safe and so they lose their confidence on the company (Bond, Govendir Wells, 2016). This ultimately affects the financial position of the company more badly and the share price of the company decreases more. Therefore, from the above discussion, it can be said that the use of fair value method for the measurement of the financial transactions or assets and liabilities in context of AASB or IASB standards can negatively affect the financial measurement as well as financial position of the company. There are several problems that Amcor Limited is currently facing due to the application or use of fair value method for accounting measurement (Amcor.com, 2016). In the annual report of Amcor Limited, it can be identified that the organization has used both historical cost method and the fair value method for measuring the financial transactions. At the same time, it can also be noticed that the company has mostly used the fair value method for measuring the values of its assets and liabilities. However, as per the provisions under the AASB and IASB, the companies are bound to provide all important information related to the measurement and valuation of the assets and liabilities in the annual reports. According to AASB and IASB it is mandatory for each company to disclose all necessary information in their annual reports. This provision helps the companies to maintain the transparency level (Bond, Govendir Wells, 2016). The accounting standard boards also stated that the companies must clearly mention the measurement method that they have used for measuring the financial transactions during the particular financial year. At the same time, proper justification must be provided by the companies regarding the selection of measurement method. If the annual report of Amcor Limited is analyzed, then it can be identified that the company has maintained the provisions of decision useful information stated under AASB and IASB. In the annual report of the company it has been clearly mentioned that the company has used the fair value accounting measurement method for measuring the derivative instrument, non-derivative instrument and few more assets. At the same time, the company has also mentioned that it has used the historical cost method for measuring the financial transactions other than the specified assets, which are valued under the fair value method. For example, in section 6 of the annual report of the company, it has been clearly mentioned that the company has prepared the financial statements by following the historical cost method except the items, which are measured under the fair value method. At the same time, if the auditors opinion of the company is noticed then it can be identified that the auditors of the company has clearly mentioned that the company has followed the provisions under the Corporation Act 2001 as well as AASB and IFRS. Therefore, if the relationship between the measurement method employed by the Amcor Limited and the provision of decision useful information is identified, then it can be easily said that the relationship between these two is positive. The company has not only maintained the provisions of decision useful information but it has also provided each necessary information in its annual report. If the investors or other stakeholders analyze the annual report of Amcor Limited, then they can easily identify the needful information. The company has disclosed all of the information that is useful rather essential for the decision making of its stakeholders. However, it is very important for the company to maintain these positive relationship in the future financial years. Conclusion In this study, it has been identified that there are mainly two methods for measuring the financial or accounting transactions. These two methods are historical cost method and fair value method. These two methods are quite different from each other. The historical cost method measures the value of the assets, liabilities and other financial transactions by considering the past cost or past price. However, on the other side, the fair value method considers the current market price for measuring the values of assets, liabilities and other financial transactions. According to this particular study, there is no particular guideline regarding the choice of accounting measurement method and due to that, many confusions take place in the companies. Previously, the accounting standard boards line, IFRS, IASB or AASB suggested to use mixed method, means the combination of historical cost and fair value method but due to several problems, the Australian Accounting Standards Board or AASB 13 specified to use the fair value method for measuring the financial transactions. The main reason behind selecting the fair value method was to make the measurement more accurate because the fair value method considers the current market value. However, the study has also identified that the fair value method is also not flawless. There are several problems associated with the fair value method of accounting measurement. The main issue or problem with the fair value method is that the method creates problems when the market is volatile. In the volatile market it does not provide the accurate measurement of the accounting transactions. At the same time, the fair value method sometimes disappoints the investors because in recession, the values of the assets decreases, which decrease the interests of the investors. The study has found out that Amcor Limited has also faced several problems due to the use of fair value method. The accountants of the company get confused regarding the valuation of the financial transactions, when the market is more volatile. The auditors also require more time and cost for verifying the measurements and values of the transactions. However, the company has maintained the provisions of decision useful information properly. Reference List: Akdogan, N., Ozturk, C. (2015). A Country Specific Approach To IFRS Accounting Policy Choice In The European, Australian And Turkish Context.Emerging Markets Journal,5(1), 60. Amcor.com. (2016). Amcor.com. Retrieved 7 September 2016, from https://www.amcor.com Barker, R., Schulte, S. (2015). Representing the market perspective: Fair value measurement for non-financial assets.Accounting, Organizations and Society. Bond, D., Govendir, B., Wells, P. (2016). An evaluation of asset impairments by Australian firms and whether they were impacted by AASB 136.Accounting Finance. Bradbury, M. E. (2015). Capital maintenance in a contemporary context.Available at SSRN 2500017. Campbell, J. L. (2015). The fair value of cash flow hedges, future profitability, and stock returns.Contemporary Accounting Research,32(1), 243-279. Casta, J. F., Ramond, O. (2016). Financial Reporting and Fair Value: Where Do We Stand?. InIFRS in a Global World(pp. 57-70). Springer International Publishing. Demerjian, P. R., Donovan, J., Larson, C. R. (2016). Fair value accounting and debt contracting: Evidence from adoption of SFAS 159.Journal of Accounting Research. Ebach, E. M., Hertel, M., Lindermeir, A., Trnkler, T. (2016). Toward an optimal hedging strategy considering earnings volatility through fair value accounted financial derivatives.The Journal of Risk Finance,17(3). Elfaki, A. A. A., Hammad, S. M. E. (2015). The Impact of the Application of Fair Value Accounting on the Quality of Accounting Information. An Empirical Study on a Group of Companies Listed on the Khartoum Stock Exchange.International Journal of Academic Research in Accounting, Finance and Management Sciences,5(1), 148-160. Ellul, A., Jotikasthira, C., Lundblad, C. T., Wang, Y. (2015). Is historical cost accounting a panacea? Market stress, incentive distortions, and gains trading.The Journal of Finance,70(6), 2489-2538. Ifrs.org. (2016). Ifrs.org. Retrieved 17 September 2016, from https://www.ifrs.org/ Kabir, H., Rahman, A. R. (2015). The Role of Corporate Governance in Accounting Discretion: The Case of Goodwill Impairment in Australia.Available at SSRN 2630581. Macve, R. H. (2015). Fair value vs conservatism? Aspects of the history of accounting, auditing, business and finance from ancient Mesopotamia to modern China.The British Accounting Review,47(2), 124-141. Magnan, M., Menini, A., Parbonetti, A. (2015). Fair value accounting: information or confusion for financial markets?.Review of Accounting Studies,20(1), 559-591. Malone, L., Tarca, A., Wee, M. (2016). IFRS nonà ¢Ã¢â€š ¬Ã‚ GAAP earnings disclosures and fair value measurement.Accounting Finance,56(1), 59-97. Munteanu, V., Zuca, M. (2015). Debate Regarding Measuring Accounting Value: Historical Cost against Fair Value.Academic Journal of Economic Studies,1(4), 91-102. Ryu, D., Kang, J., Suh, S. (2015). Implied pricing kernels: an alternative approach for option valuation.Journal of Futures Markets,35(2), 127-147. koda, M., Slvikov, G. (2015). Fair Value Measurement after Financial Crunch.Procedia-Social and Behavioral Sciences,213, 241-247. Sotti, F., Rinaldi, L., Gavana, G. (2015). Measurement options for non-controlling interests and their effects on consolidated financial statements consistency.Which should the disclosure be, 293-302. Sotti, F., Rinaldi, L., Gavana, G. (2015). Measurement options for non-controlling interests and their effects on consolidated financial statements consistency.Which should the disclosure be, 293-302. Strouhal, J. (2015). Historical Cost or Fair Value in Accounting: Impact on Selected Financial Ratios.Jurnal of Economic, Bussines and Management,3(5). Vlaeminck, P., Vandoren, J., Vranken, L. (2016). Consumers willingness to pay for fair trade chocolate.The Economics of Chocolate, 180.

Iago Is A Fascinating Character In The Play Othello. He Seems To Be Th

Iago is a fascinating character in the play Othello. He seems to be the main character as everything seems to evolve around him, he makes mischievous plans towards Othello because he hates him. "I hate the moor," He is also being paid by Roderigo, (a dim but wealthy character) to make Desdemona (Othello's wife) fall in love with him so he can marry her. In this essay I will go through some thoughts of Iago and what he is like and why. Iago is intelligent so he knows that he is trusted by most people, so therefore uses it for his purposes. Throughout the play he is often called, Honest Iago. He even says so of himself. I am an honest man Trust takes a long time to achieve and takes a few seconds to destroy. Iago is a master of destruction in this case using other characters trust to enforce his own plans. Iago slowly manipulates people's brains, creating strange ideas in their heads. And what's he --- and honest, Iago says here that he is a master of deception, and that he is acting the part of a villain. People never consider that Iago could be manipulating them, because he is known as Honest Iago. In act 1 scene 3 Iago thinks of a plan, to get revenge on Othello. He wants revenge because he suspects that Othello has slept with his wife. So to get him back he will make Othello suspicious of Cassio by making it seem that Desdemona is having an affair with Cassio. "He's done my --- if for surety." Also this shows that Iago has no faith in his wife and thinks that she will cheat on him, but he doesn't like the thought that it could be with Othello. But Othello trusts Iago so it could be easy to convince him. "Honest Iago" "He holds me well; --- work on him." Iago sets the affair up with Cassio because it will be believable for these two to be having an affair, the way Cassio acts is enough proof. "That I extend my manners; ?tis my breeding" It is also said that Cassio is a "Proper man" this means that he is handsome so most girls are attracted to him. Iago easily fools Roderigo, right from the start Iago has already taken advantage of him, by taking his money to set him up with Desdemona. That thou, Iago, who hast had my purse. Throughout the play, Iago tells Roderigo that he hates the Moor and wants revenge on Othello himself. "I hate the moor" He tells Roderigo to "make money" so that he can give gifts to Desdemona to win her over. But what Iago is really doing is taking money from Roderigo for himself. He does not see this and goes along with it thinking that Iago will bring the two together in the end. At one point Roderigo talks of killing himself as he has no chance with Desdemona. Iago cunningly advises him not too, but to buy a fake beard and come to Cyprus with them. "follow though --- usurped beard;" Iago also plays Cassio for a fool to in the play because Cassio trusts him like Roderigo. Iago wants to take Cassio's job so he forms a plan that involves Roderigo. On the night that Cassio is on watch Iago convinces him to have another drink so he can make him drunk. Cassio takes another drink even after disagreeing. I'll do't, but it dislikes me. Iago is able to make him have another drink because he is clever enought to. Roderigo follows the plan that Iago has set, making Cassio chase him for a fight, Cassio is then stopped by Montano who gets injured. Iago is asked what has happened and he tells Othello which leads to the sacking of Cassio. Cassio is distrought by this decision Iago sets another of his plans up by convices Cassio to beg Desdemona to help him get his job back. she holds it a --- she is requested. With this Cassio's hopes were risen and he goes of on his journey to ask Desdemona. You advise me well.

Tom Joad Essays - U.S. Route 66, Dust Bowl, The Grapes Of Wrath

Tom Joad Essays - U.S. Route 66, Dust Bowl, The Grapes Of Wrath Tom Joad The story starts out by Tom Joad hitchhiking home after being released from the state prison. He's finally on parole. He served four years of his seven year sentence. While walking, he catches a ride with a truck driver who takes him to his old house, on his family's farm. While he walks the rest of the way from where the truck driver dropped him off, he meets Jim Casy, who is a preacher. Jim explains to Tom, that's he's been away from home trying to figure out some important things in his mind, and now that he's figured out all things are holy, he doesn't need to be a preacher anymore, but just to live with the people because they are holy. As they walk down the driveway to Tom's old house, they notice that there is no one there. Someone starts to approach them, and it's Muley Graves, who let's Tom know that his family are at his Uncle Jim's. So Jim and Tom sleep in the fields that night and start the walk the next day to his Uncle's house. Once they arrive, they find Tom's family packing up and getting ready to go on a trip. Tom's father explains to him that the banks and large companies closed out all the small farmers, and now most of them are heading out to California where there is supposed to be work. When everyone was ready to leave Grampa Joad didn't want to go, so they had to drug him to get him into the car to go on their way. When they stop to rest on the first night of the journey, Grampa Joad has a stroke and dies immediately. They bury Grampa along the way to California in a blanket some migrants gave them. The migrants were the Wilson's, who car had broken down. The Joad family offered to help fix their car, and one it was fixed the two families began their trip together. Once they reached California, Mrs. Wilson got really sick, so the Joad family gave the Wilson's some money and food and continued on their way. During the whole trip out west, Granma Joad had been getting sicker and sicker, Ma Joad finally realizes that she's dying. They had to start a long drive through the desert one night, and while they were driving Granma dies early into the night. A guard stops them during their trip and Ma Joad explains to the guard that they need to get to a doctor because Granma is very sick. The guard let's them go, and Ma tells the family to drive on. Once they make it safely across the desert, Ma tells the family that Granma is dead, so they must bury her as a poor person because they don't have enough money for the funeral. They finally arrive at a place, even though dirty and disorderly, where plenty of migrants were living. But the men are unable to find work. The Joad's pack up and leave when a contractor comes and asks if anyone wants work. The first person to ask what the pay was got arrested and was accused "red". A fight started and the sheriff told the whole camp it'll be burned. The Joad's are still unable to find work and soon they ran out of money and food, so they must look quickly. They soon hear of work in a peach orchard. Once they arrived they were escorted by a policeman and they immediately started picking peaches, so they could have something to eat that night. Tom wants to know what's going on with all the yelling and screaming outside in the orchard late that night. So he sticks his head out to find his friend Jim, who was arrested awhile ago, Jim tells Tom about how they are striking because the owner of the peach orchard had cut their wages in half. While they are talking some men come around looking for Jim, and once they found him they immediately killed him. Tom becomes extremely upset and kills one of the men. One of the Joad children goes about bragging on how Tom killed someone, and his mother finds him and tells

Information Essay Example | Topics and Well Written Essays - 500 words

Information - Essay Example One reason, the focus of my speech today, is the special protection that baseball (Major League Baseball) has been afforded by Congress. This protection comes in the form of antitrust law and, to a significant extant, insulates owners and other interested stakeholders from competition within the baseball industry. As an initial matter, it is important to define what is meant by antitrust law, a topic frequently foreign to baseball aficionados. Antitrust law is an umbrella designation that includes a number of laws dealing with fair competition; more specifically, because America deems itself a free market capitalist economy, there exist a number of laws designed to prevent such things as monopolies and unfair methods of competition. Strangely enough, baseball has for quite some time been exempt from a number of antitrust laws. As stated by Bartee, â€Å"professional sports are a textbook example of a bilateral cartel made up of club owners and unionized players engaged in intrastate and interstate commerce. The club owners exercise monopoly power in the product market† (2008: n.p.). Baseball, like steel or agriculture in certain respects, is a protected industry. It is not a monopoly per se but a competitive cartel in which owners compete with the unionized players. We read all of the time about competition between owners and players. There are disagreements about such things as free agency, salary caps, and collective bargaining agreements. The irony is that while the owners and the players often trade accusations about the other using unfair methods or misleading financial formulas the truth is that both reap the rewards of a non-competitive industry because of the antitrust exemption granted to Major League Baseball by the United States Congress. In addition, in a 1972 case called Kuhn v. Flood and decided by the United States Supreme Court, it was also decided that â€Å"baseball and its reserve system are also exempt from state antitrust

Modern Sports Prevail Over Gymnastics Essay Example | Topics and Well Written Essays - 500 words

Modern Sports Prevail Over Gymnastics - Essay Example The foundations of modern gymnastics originated in the earlier eighteen hundreds by a German patriot whose goal was to inspire solidarity and Germanic pride among the youths. That patriot was a man named Friedrich Ludwig Jahn aka â€Å"Father Jahn† and his gymnastics training stemmed from the pursuit of national unity and freedom from French rule. Confident that physical education was key in order strengthen national character and national identity, Jahn used fencing, wrestling, swimming, and throwing, as well as war games which trained the practitioners in war-like scenarios, which was known as Turnen. Even though Jahn developed many of the apparatuses used in gymnastics today such as the horizontal bar, parallel bar, and the pommel horse, his training was never geared toward competition but rather personal improvement and developing skills useful on the battlefield. In the same way cultures mold beliefs, values, and traditions the culture in the time of Father Jahn created t he mold in which modern gymnastics was born.

Communication Skills in a Diverse Workplace

Communication Skills in a Diverse Workplace The focus of my essay will be on effective communication skills in a diverse workplace, were going to find out the barriers of communication between different cultures, how to improve our communication style/skills and how to become better listeners in order to avoid any lack of communication in the near future interactions. Anybody in a work environment having a good understanding of effective communication skills in a diverse workplace entails will enhance every persons ability to experience a successful and professional work experience. Misinterpretations in the workplace can be rooted from a variety of cultural differences among distinctive ethnic backgrounds. Lack of proper communication skills in diverse workplace can cause many discrepancies among co-workers. People live in an increasingly complex world. Effective communication between Fellow co-workers from different cultural backgrounds ensures a very successful organization. As we already know in todays workplace is very important to be able to communicate we our fellows co-workers. If you ever been around and listened to a monotone person communicate, its hard to understand their feelings on a subject. Unless they incorporate their gestures and tone, we are not going to be able to see their point of view and understand their meanings. We live and work around different cultures which it make us more aware of the different people around us, by dealing with diversity on the daily basic this will help us communicate better in the Workplace as well as personal interactions. We live in a diverse society and career success depends on communicating effectively with people whose customs and values are different (Adler Elmhorst, 2004). There are so many effective way we can use to communicate in the workplace and so many languages that it becomes hard to communicate with other people. Also a person with a strong accent can cause someone who speaks the same langu ages to become confused and misinterpret the meaning of the whole speech. Nevertheless how and where we are raised determine both our verbal and non-verbal language. Also when a person from a different country translate something in their head like from (Spanish to English) it more likely have a different meaning, and thats why we have to know what type of audiences we are dealing with in the workplace and on our everyday life, to become better communicators. Being an effective communicator means interacting with people from various racial, ethnic and cultural backgrounds (Pearson, Nelson, Titsworth, Harter 2003). In today society culture seems to be biggest factor in our communication skills. With United States being as diverse as it is now, we have to learn different ways and style on how to improve our communication skills. United States is habited with so many cultures that its almost impossible to have a single communication without the lack of it. The impact that ethnicity has on individual behavior cannot be ignored. Every day ethnicity influences the experiences we have at work, Diversity needs to be viewed as a competitive advantage and a business opportunity to achieve an inclusive diverse workforce. The problem that can arise from ethnicity is everybody comes from a different background. What one may think is normal can be totally different from what another person thinks. Prejudice is a preconceived judgment about an individual or group of people. Discrimination is unfair or inequitable treatment based on prejudice (Certo, 2008, p130). Minorities of all types of employment find themselves caught between the different lifestyles. There are several options that companies can use to educate people concerning the issues of ethnicity in the workforce. Training about the differences each culture has and the need to obey the rules set-forth by the company and human resources. Human resources are an excellent place to review all the employment laws that affect the workplace diversity. Communication is a solution we thought would benefit all concerning ethnicity in the workplace. Everyone should communicate just how they see, hear and do things that are not the standard. If youre not as caring toward others as you could be, you need to get the focus of yourself (Maxwell, 2009, p109). Communication is the key to bridging the gaps between different lifestyles. It is important to not make assumptions in communications with others, regarding the way ones own words and actions are interpreted (Certo, 2008). Its beneficial that we draw talent and value diversity and enable to attract and value diverse customers. Corporations will succeed when they have an environment that allows employees to work to their full potential. Furthermore your idea might be brilliant but is invaluable and worthless unless you can share it with others and get different point of view. This is the main reason why, effective communication is crucial at every level in any organization. However, to be able to communicate properly and effectively does not come easily to many people especially in diverse organization, and it is a skill that requires practice. Before we even begin walking we start practicing our communication. As a newborn child we communicate by crying, but we slowly learns to mimic our parents speech. A while later, the newborn discovers that certain speech patterns elicit different responses; one of the satisfaction of parenting is trying to decipher the meaning behind certain words. As working adults and on our daily life, one of the golden rules that we should follow is: We need to be able to organize our thoughts in our minds before sharing them with others. This rule involves conveying and comprehending before and during a two-way conversation. One idea often prompts a torrent of others. In order to share your ideas, you must first shape them correctly and coherently. To organize your thought properly is very important, because it creates a pattern for your listener, allowing him or her to grasp the larger picture intuitively. This allows the listener to focus on the details of your message, without struggling to understand how you went from Point A to Point B. Nevertheless, to be a very effective communicator one most speaks in a manner that is not offending to the receiver. When individuals are extremely well- educated in a particular field, they more likely have a tendency to use industry language in conversations or presentations. While this might be comfortable for the expert, it often causes confusion on the part of the listener. If, for example, you are discussing Business Credit Profile, you might be talking about Tradelines, Line Of credit and shelf Corporation. However, unless you are speaking to someone who is equally well- informed about business credit profile, that person will have no idea what you are saying. When we communicate, we need to put ourselves in our listeners shoes. Put yourself on the other side of the table.That way we can have a better feeling of our own words. In a company communication plays the biggest role. Everyone needs to be able to communicate at all time, also its very important to understand what effe ct the various components of communication on our success. As we already know verbal, vocal and visual components are the most important part of any communication. There is no secret whatsoever that todays workplace is growing tremendously, as the business environment expands to include various geographic locations and span numerous cultures. Having so many diversity can also be somewhat difficult to understand and communicate effectively with other fellows co-workers who speak another language or who rely in others meaning to get their point across. Workplace interaction /communication are not easy for everyone. Your workplace is a place where you meet and rely to people from different walks of life and from different cultural background. Sometime Language can be a major barrier to effective communication. However, a communication becomes successful only if the receiver comprehends to the fullest what the sender is trying to deliver in that message. When your message is not clearly comprehended you should expect a lack of communication by creating confusion within your audiences. Plenty of times in business, people forget common courtesy and t act. When you are interacting with co-workers, be prudent of their time and points of view. Always Separate emotion from intellect, and do not be condescending. As a part of the management you need to set an example and never allow anger to overrule reason. Always Conduct yourself in a professional manner in all aspects of you business dealings and treat others with the same respect that you expect yourself. Businesses are facing many challenges today trying to ensure that diversity in their workplace is not a source of conflict, but a foundation of strength. The environment is constantly changing in the workplace. The employers needs change and so does the workers. In today workplace there are great deals of companies that have employees from many different cultures that speak different languages and practice different religions. Companies are responsible to ensure a safe and comfortable environment for their employees, it is also important that every employee play a role in helping to make a diverse environment a comfortable one as well. Many situations occur in diverse workplaces that rely upon good communication. The method of communication can cause conflicts among co-workers. Understanding differences among co-workers of various cultures is a key element to success in the workplace. The success and failures of a business rely on its management. Communication is very essential in our everyday life. We all communicate in a different sort of ways: Talking, sign language, or written words are forms of communication. We can define communication as the exchange of Ideas, opinions, and information through written or spoken words, symbol or by our actions. Communication is the most essential element system on every corporation. All corporations depends everyday on all aspects of communication from verbal to nonverbal to perform their daily business routines. Every corporation also depends on all communications being properly conveyed to ensure that all communications are understood by the respective audience. Communication is important in all levels in any corporation. For example, co-workers may communicate very well amongst themselves when they are from the same culture. Effective ways to do so obviously depend on the environment. Let say that you work in a loud factory that require you to stay in contact with your co- workers, verbal communication would not be the right approach because it could be ineffective due to all the noises, so employees may communicate nonverbally with hand signals, gestures, or facial expressions. When employees need to communicate to management personnel this also can be done verbally in person, or in writing. If any management personnel are trying to communicate in the workers assigned work area, or desired production for the day, verbal communication should work just fine, if important information needs to be communicated, written communication would be the best choice, so there will be no lack of communication. Also, its one of the best forms of communication because it can be delivered uniformly and easily referenced back to. All communication is complex with plenty of room for conflict and misinterpretations. For a corporation to be successful, it must have employees capable of sending and receiving information quickly, clearly, effectively, and error free. Mistakes caused by misinterpretations can cost any corporation thousands of dollars due to missed deadlines, lost time, and wasted product. In order to have effective employee communication in the workplace, we must become better listeners and always put ourselves in their position in order to have good internal communication in the workplace. With a basic understanding of what we do wrong while communicating, one will be able to improve communication skills and recognize communication problems that arise during employee communication in the workplace. Communication plays a big part on our lives whether, emotional, intellectual or social call for communication at some point in our lives. In order to address any issue we might in the workplace we have to communicate. An individuals identity and persona is developed and brought out by our action and interaction with each other via communication. We are not all similarly motivated nor are we all compatible and it is only by way of association that we are able to positively identify with our suitable counterparts. Additionally, for those of us who are so cultured, our belief in the Superior Being, leads us to seek fulfillment of our spiritual needs. As we already know by now Communication is the process of transferring information up, down, and across the network of managers and employees in a corporation and is the key to whether an corporation functions effectively or ineffectively. Some of the challenges for an organization is to make sure their managers are trained accurately on how to properly communicate the organizational needs to their employees so that they serve to improve customer relations, keep employee morale up, build knowledge-sharing throughout the organization, and most importantly, and enhance the companys . Effective communication is very important and a requirement for employing organizational strategies as well as managing day- to-day activities through its employees. Management personnel spend more than three-fourths of their time daily in communicating or exchanging information. In Conclusion: In today Business world, Companies are becoming more diverse each and every day there are people from all over the world working with all kinds of different organization. Different problems can and will always occur with communication: like moral and ethical issues. We also need to remember that everyone does not view the world the same. Employee should know understand the important of each team member background. Trust is widely accepted as a part of communication within employee, not a big part still listening and communication. Great communication always starts at the top. For us to become great communicators we first need to be great listeners.

Information System Strategic Planning: Strategic Thrust and Market Entry

Planning skills are essential in the business milieu as they play a central role in ensuring achievement of organizational goals and objectives. There are numerous planning strategies which organizations employ in their systems but the two most commonly used are strategic thrust and market entry. Strategic thrust entails statements of strategic measures to be carried out in the planning horizon while market entry strategy entails delivery and distribution of goods and services to a specific market.Statements for strategic thrust ensure that independent activities work in harmony and sufficient energy is concentrated on critical aspects in the market. Its primary objective is to generate an extensive and collective understanding of the strategic measures to be carried out in a span of between three to five years. Strategic thrust focuses mainly on linking business strategy with information technology. Information technology constitutes a vital competitive weapon hence making it essent ial in the realization of competitive edge.Unlike strategic thrust which focuses on strategic information systems, market entry focuses on ensuring that products perform well and are adequately received in new markets. To achieve increased sales and business stability, market entry strategy employs several methods which are inclusive of producing own products, exporting products, forming alliances and franchising. In addition to that, it takes into account numerous factors in evaluating viability of a particular market. Such factors include barriers, competition intensity, government policies, and products and services to be sold.In conclusion, despite the two planning strategies encompassing different approaches, to some extent, they are complimentary. Strategic thrust and market entry can be utilized as offensive or defensive measures intended for specific targets. They can be directed towards suppliers, customers or even competitors with the main objective being attaining and mai ntaining business stability. In addition to that, depending on the resources available, the two can be used simultaneously since they employ approaches which are not contradictory.

How Does Mill’s Principle of Liberty Contribute to Progress?

The concept of liberty seems to have been consistently analysed and re-structured throughout history by ambitious philosophers keen on creating a ‘better world’. John Stuart Mill, a British philosopher of the XIX century, is not an exception from this trend. With his thought-provoking work â€Å"On Liberty†, he sets a basis for what he believes will lead to the development of the human being and contribute to its progress. This gives way to his Principle of Liberty, which illustrates that only a free person, and by default also the society, has the opportunity for growth through searching the truth by questioning and debating.It may be agreed upon that a strong barrier to any form of progress is the avoidance or omission of the truth. Mill goes even further and argues that an opinion may be wholly true, wholly false, or partially true, and all three benefit the common good. The only way to attain this truth is through discussion, as â€Å"If all mankind minus one , were of on opinion, and only one person were of the contrary opinion, mankind would be no more justified in silencing that one person, than he, if he had the power, would be justified in silencing mankind. This quote is a prominent example of the importance of seeking the truth through thought and expression, and is one of the factors contributing to individual liberty. The world a human being grows up in shapes his opinions, and while this is acceptable for initial formations of thought and awareness, Mill argues it is dangerous to rely only on it and not reflect on other ‘worlds’. Not only would such an attitude impair the total formation of one’s mental capabilities and capacity, it would also lead to seeing yourself as infallible.After all, if a person surrounds himself with people of the same convictions as him, then it is plausible to presume that he will believe many things as issues that are no longer doubtful. This in turn results in the line between o pinion and fact getting blurred due to the inexistence of debate, causing many future errors which could have been omitted otherwise. â€Å"The suppression of opinion based on belief in infallible doctrines is dangerous†, whereas any silencing of discussion is, according to Mill, an assumption of infallibility.Treating truth as a relative concept by refusing to hear what one considers a ‘false’ opinion is â€Å"assuming that their certainty is the same things as absolute certainty†. Humans should keep their mind open to criticism of their belief and listen to a variety of views on it in order to understand it and be able to defend against it. A clash of conflicting opinions enables us to find ‘fuller’ truths. The only way we may know if a belief is true or not is to challenge it. If a doctrine â€Å"is not fully, frequently and fearlessly discussed, it will be held as a dead dogma, not a living truth†.Mill seeks to point out this fundam ental issue which, due to its simplicity and obviousness, is often underrated. â€Å"No wise man ever acquired his wisdom in any mode but this; nor is it in the nature of human intellect to become wise in any other manner†. Of course, a major problem in attaining the truth is that it may remain in â€Å"narrow circles of thinking and studious persons among whom they originate, without ever lighting up the general affairs of mankind with either a true or deceptive light†. This is precisely what Mill wants to avoid.Moreover, he wants to advance the discussion to a higher level of clarity without an individual’s actions and beliefs being restricted by bonds of custom and conformity. He notes that the most venerable beliefs arise from a person’s own critical assessments and reasoning. The Principle of Liberty illustrates his argument that freedom is indispensable to originality of character as it is the means by which a person can develop as an individual. An d, Mill claims, â€Å"The free development of individuality is one of the leading essentials of well-being†.This line of reasoning leads us to an important aspect of Mill’s Principle, i. e. how it contributes to individual and, in the long run, social progress. We have already established that seeking the truth provokes the mental development of an individual. The cultivation of individuality will result in human happiness as it requires making choices that one thinks is most beneficial to their life. â€Å"First, Mill argues, even though people do make mistakes, individuals are still more likely to be right about what would make them happy than anyone else. It is essential to help one another distinguish between worthy and unworthy pursuits through persuasive argument and use of liberty in a sensible way to fully develop as free individuals. † A second reason for liberty is that it will not only lead to better decisions in the long run, but also that the exerci se of freedom of choice is itself vital to the full development of human nature. Those who are slave to customs, Mill suggest, will never develop into rounded, flourishing individuals; not necessarily because they will be nhappy, but because they will fail to develop one of their most distinctively human capacities, the capacity for choice. † Consequently, one can argue that since individuality is a positive thing, it is necessary to build social institutions that contribute to that individuality. A functioning society whereby individuals are able to learn from others’ ‘experiments of living’ is, according to Mill, human progress at its best. â€Å"Liberty is vital as a condition of experimentation† , for without it peoples’ rational would not be used and thus would not develop.When a person becomes more valuable to himself, he immediately becomes more valuable to society. It is necessary, however, to stress the limit of liberty, also known as the Harm Principle. As long as one person’s actions do not harm the interests of another, society should not interfere. Mill identifies ‘the permanent interests of man as a progressive being’ as his interests in autonomy and in security. Furthermore, when a human being does not intrude on another person’s freedom, that person can develop accordingly, and incidentally become a role model showing others how (not) to live.This is how the â€Å"less creative† individuals of society can make informed decisions on leading their own lives, i. e. learning from experimenting, which is â€Å"quite the chief ingredient of individual and social progress†. Nevertheless, critics of Mill’s Principle are quick to notice that his ideas rest on the optimistic outlook that human beings are capable of learning from experience, indeed, that they even want to do it. Yet as history shows, humankind is consistent in failing to learn from mistakes. â€Å"Pro gress is the cornerstone of Mill’s doctrine† , yet if humans are not prepared to learn, how do they differ from ‘children and barbarians’?Liberty is a means to progress; incapable of free speech and debate, children and barbarians do not benefit from liberty and hence it does not apply to them. Thus we may assume that a certain attitude towards life is needed for Mill’s Principle to succeed, that is to say it strongly relies on humans having the capacity of making moral progress. He believes this can be trained by society in the early stages of human life. It is throughout childhood when society has the biggest influence over a person, when it should strive to embed values it hopes to see materialize in adulthood.The knowledge a child accumulates should then be left free to be interpreted in any way the adult sees fit after reaching maturity. After all, non scholae, sed vitae discimus. Moreover, â€Å"if the person fails to accept those values, or r emains immature, it is society's own fault†. Precisely this point has been the target of much criticism, seen as the crux of Mill’s idealistic vision for an improbable future that goes against human nature. For if everyone remained ‘immature’, then how is liberty to contribute to individual and social progress?If this were the case, the entire ideology would be abolished in an instant and in lieu of it in modern times, other beliefs would dominate. Yet liberty continues to be epitomized as the best answer to a free, happy society. As previously stated, ‘bonds of conformity’ are considered by Mill to be a restraint on liberty. The reason behind this is twofold. First of all, relying only on traditions and treating them as your moral guide by which you live your life, a form of dogma which one accepts without question, hinders your decision-making abilities.Mill places great emphasis on the importance of choice. By narrowing someone’s choi ces and making them complaint to a certain lifestyle, you take away their freedom. Secondly, such forced conformity denies the existence of diversity. This is a key factor in human development, for by â€Å"seeing people’s dissimilarities (†¦) one learns about one’s own weakness†. Mill is eager to draw attention to the potential opportunities that arise with this, for example, by improving oneself: you have the freedom to make mistakes, assert falsehood, and interpret the experience as you see fit.Whatever conclusion one comes to is still a form of human progress, but this is only possible thanks to an open culture. This stance is severely criticized by communitarians, who see Mill is an iconoclast. They argue that we are too interconnected to simply untie society’s ‘bonds’, and nor is there any reason why we would want to- after all, humans are social creatures and individual separation is not the key to freedom. A counter-argument to t his may be that culture is an evolving process as well, and rapid cultural transgressions do occur frequently, especially in terms of technological and scientific progress.Of course, some morals are static and universal, but if we were to perpetually follow a form of customs of society, we would remain immobile. What is more, there is a lack of consistency in communitarians’ perception of freedom, simply because they do not considerate the full extent of how subjective traditions tend to be. What is customary for one person may not be for another, and enforcing one’s traditions onto another human being, especially if it is done by society, truly harms the minority.Such a repressive form of society is deemed by Mill as a regression of individual progress, a halt to â€Å"create the ultimate good in the future, human progress†. The above mentioned arguments illustrate clearly why Mill was so keen on defending the concept of liberty, what he considers the only way in which progress can be enforced without impinging on others’ freedom. It is, he argues, the fundamental human right. â€Å"The sole end,† Mill states, â€Å"for which mankind are warranted, individually or collectively†¦ in interfering with the liberty of action of any of their number, is self-protection†.Wolff comments on this by saying that â€Å"this will enable each to seek his or her own best; it will liberate a diversity of interests to the benefit of the individual and of all; and it will nurture moral freedom and rationality. With the latter comes creativity and the means of social and intellectual progress. † Such liberty contributing to progress is more so beneficial due to what it entails, i. e. the individual’s freedom of thought and discussion. Mill protests against any stifling of opinion, for even if it were false, we would not recognize its wrongness without contrasting it with the truth.One will never reach the highest level s of self-development without debate and constant awareness of one’s fallibility. Critical assessments of beliefs and opinions are necessary, and only when they â€Å"survive the struggle as it were in the â€Å"marketplace of ideas†, then, and only then, will one be entitled to accept them as justified† . Even then, however, we may be in the wrong. As history has showed us, men who we see now as ‘evil’ and ‘immoral’ were not in their time, as they were acting accordingly to the rules of the society they were brought up in. Thus the debate must be on-going and never lead to a â€Å"deep slumber of a decided opinion†.Furthermore, â€Å"mere shock to tender sensibilities can never be weighty enough harm to counterbalance the case for free expression of opinion. † Nevertheless, it is imperative to keep in mind the statements that Mill is being too optimistic and naive. After all, his whole Principle balances on the assumption that human beings are capable of progress. Even if we concede to that, Mill’s Principle still put forward an essential aspect of human growth. How? Let us look at a quote by George Bernard Shaw: â€Å"progress is impossible without change, and those who cannot change their minds cannot change anything†.The importance of free speech and debate reverberates throughout the whole of â€Å"On Liberty†. Mill is always eager to encourage seeking the truth; his Harm Principle states that we cannot harm others’ interests, yet he does not rule out persuasion. Through persuasive arguments and by taking advantage of our freedom in intelligent ways, we develop both ourselves and those we come in contact with and pave the way for progress. Bibliography 1. Bartleby Editors . (2012). On Liberty. Available: . Last accessed 15th Dec 2012. 2. Feinberg, Joel (1980). Rights, Justice, and the Bounds of Liberty. Essays in Social Philosophy.Princeton: Princeton University Press . 3. Gray, J (1996). Mill on Liberty: A Defense. London: Routledge. Chapter 3. 4. Honderich, Ted. (2005). John Stuart Mill's On Liberty, and a Question about Liberalism. Available: . Last accessed 15th Dec 2012. 5. Lacewing, Michael. (2012). Mill on Liberty. Routledge: Taylor and Francis Group. Available: . Last accessed 15th Dec 2012. 6. Mill, John Stuart (2001). On Liberty. Kitchener: Batoche Books. 7. Sparknotes Editors. (2012). On Liberty. Available: . Last accessed 15th Dec 2012. 8. Wilson, Fred. (2007). John Stuart Mill. Available: Last accessed 15th Dec 2012. Chapter 4.

Facebook s Impact On Social Networking - 1309 Words

Company Brief: The â€Å"Facebook† we currently use was originally named â€Å"The Facebook† which was born on February 4th, 2004. The Ceo of the Facebook is named Mark Zuckerberg; Zuckerberg attended Harvard University while creating â€Å"The Facebook†. The social networking website was originally created for Harvard University only students but was later released to all Colleges and schools allowing the website to spread. Yahoo Finance states,†Facebook allows users to share information, post photos and videos, play games, and otherwise connect with one another through online profiles†. (https://biz.yahoo.com/ic/148/148344.html). Facebook competes in the Social Networking industry and is considered number one compared to all other social networking websites with over 500 million followers and being available in 207 countries. Yahoo Finance states, â€Å"Facebook’s revenue for 2014 was 12,466 million; and is currently being traded for the sto ck price of $106.18 and is worth 25 billion dollars†. (http://finance.yahoo.com/q?s=FB). Facebook’s mission is to connect people worldwide by allowing users to share photos, stories, groups, clubs, advertising and lastly social networking. Facebook’s website explains, â€Å"Facebook’s mission is to give people the power to share and make the world more open and connected†. (https://www.facebook.com/facebook/info/?tab=page_info). Facebook’s vision is for its social networking website to be used all throughout the world connecting people through friends asShow MoreRelatedSocial Media And Social Networking921 Words   |  4 PagesSocial media is the communication between individuals and groups to share and exchange their ideas through internet. The social networking is part of social media which plays the important role in today’s life. 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