Computers, Cell Phones, Security Cameras, And Cars Are

Computers, cell phones, security cameras, and cars are all amazing features that the worlds equipped with to make human lives much easier. However, the inevitable and unfortunate event of a technology failure can cause havoc on many people, but a car computer crashing can become much worse in fact, deadly. Alicia Prince states in her article â€Å"Errors like this cause annoyance on our computers and mobile devices, but could potentially cause car accidents with self-driving cars.† (2016) Human drivers can cause many errors resulting in traffic deaths every year and the self-driving amenities calls for a completely safe and secure way of mobility, although nothing starts out perfect. Autonomous car manufactures must design, create, and explore†¦show more content†¦In time, all vehicles on the road will have the self-driving capabilities ensuring a 100% safety rate for everyone. In a world where every vehicle drives itself the possibilities are endless. Stop lights, st op signs, and even speed limits will become a thing of the past. Every vehicle on the road will be able to communicate with each other to configure direction and speed. If vehicles could talk to each other then they would know exactly what the other car will be doing before the car even does it, causing stop signs and traffic lights to go extinct. Speed limits may be compromised as the vehicles will know what will be ahead and behind of them at every second and will be ready to make their turn or exit at ease. Road rage will come to its demise as human drivers will be able to comfortable sit back and enjoy their morning commute to work with a warm, sweet smelling, delightful cup of coffee. Transpiration will become a stress free, on time, and safely way of mobility. Refutation Autonomous cares will be the most luxury and convenient cars to date. however, if the car can perform simple task like driving and parking itself than many important jobs may be sacrificed. Taxi, Uber, Lift and many other driving companies will eventually meet their demise as demand for drivers will be no more. In many instances people take a taxi or personal driver to special events or even just to the airport, withShow MoreRelatedTechnology in the Security Field1268 Words   |  6 Pagesthe Security Field 7/23/2012 SEC/360 Technology in the Security Field Security and safety is the most important aspects in a security setting. The techniques that officers use to ensure security and safety are enhancing through the advancements in technology. Changes have been significant from the time before computers and the current status of high-tech computers and other technology. The changes have brought both positive and negative effects to security settings;Read MoreVarious Social Impacts of Cell Phones2048 Words   |  8 Pagesï » ¿Cell Phone and Its Various Social Impacts Present day information era has given lots of freedoms to the citizens, which was not probable without the arrival of this age. The users of Information Systems have willingly available information, for example, full Encyclopedia Britannica in one CD with all types of sÐ µarch fÐ µaturÐ µs is availablÐ µ, pointing towards corrÐ µct information within thÐ µ right timÐ µ. Picture doing this with the book version of the Encyclopedia, sieving through several pagÐ µs lookingRead MoreCellphones and effects on society1268 Words   |  6 Pagesadvances every day and surely cellular phones are revolutionizing the XXI Century. New mobile devices contain most of the functions of a computer, better known as smart phones. They also give you the opportunity to stay in touch with whom you wish to and also you can take pictures, listen to music, and most significantly, it connects you with the rest of the world through the network. But have you ever stopped and think, how much time you spe nd using your phone, and how so often you check it? And withoutRead MoreMy First Self Driving Car1675 Words   |  7 Pagesautonomous cars. Autonomous cars are robotic cars that are fully capable of driving humans around without human help. The very first self-driving car was created by Francis P. Houdina in 1925 and was tested in New York City. He called it â€Å"The Radio Controlled Driverless Car† but this car stayed as a prototype. In the 1980s, the first self-sufficient and truly autonomous cars finally revealed with the support of many universities along with the car company Mercedes-Benz. Now in 2016, both car and techRead MoreForms of a Frontier1179 Words   |  5 PagesCustomer Service | My Account | Bookstore | Donate | Our Web Sites | Site Features NewsForumsVideos Home News Electronics Gaming Toys Top Product Ratings: TVs | Digital Cameras | Computers | Cell Phones | Printers | Camcorders | Blu-ray DVD Players | MP3 Players Filter News By Topic Share on twitter Share on digg Share on facebook Share on email Share on stumbleupon Share on delicious Share on print | More Sharing ServicesMore GAMING TOYS SonyRead MoreMobile Phone Advantages And Disadvantages Essay1188 Words   |  5 PagesIntroduction A cell phone is a gadget in telecommunication that uses radio waves over a region of network. A cell station at a fixed location serves the purpose of connecting cellphones wireless transmission for calls, landlines, and internet access (Furht Ahson, 2016). The cellular phone identifies as a mobile application in the network structure comprising of SIM card and equipment assigning the telephone digits. The cellular phones are evolving, from the two- way radio to the current pocket-sizeRead MoreDisadvantages and Advantages of Handphone1563 Words   |  7 PagesHandphone also known as mobile phone or cell phone or smart phone, and is an electronic device used for mobile telecommunications (mobile telephony, text messaging or data transmission) over a cellular network of specialized base stations known as cell sites. Martin Cooper invented the handphone. He is a Motorola researcher and executive. Martin made the first call on a handheld mobile phone on April 3, 1973. Cells for handpho ne base stations were invented in 1947 by Bell Labs engineers. HandphonesRead MoreThe Problem Of Software Failures1094 Words   |  5 Pagesalready happened in past few years. There are many types of software failures, but the one I will discuss in my paper are the ones that affected the public. Another one software failure that is related to computer security. Third one is in the automobile industry. Last one is related to cell phones. All four incidents happened recently and we all became infected by software failures. At the end of it I will also discuss what companies need to do in order to be up and running 24 hours a day and 7 daysRead MoreThe Technology Has Become More Advance1770 Words   |  8 PagesIn todays world, our technology has become more advance. First thing that comes to mind when thinking of technology is computers, internet, machines and phones (AAAS, 2014). The Merriam-Webster dictionary defines technology as, â€Å"the use of science in industry, engineerin g, etc., to invent useful things or to solve problems†. Samuel Morse was credited with the creation and development of the morse code. According to Google, morse code is â€Å"an alphabet or code in which letters are represented by combinationsRead MoreThe Right to Privacy Essay1252 Words   |  6 Pagestheir way into landlines as you drive by them. Just driving by, without your on the phone, they can get all of your information. ~USA Today. â€Å"The National Security Agency is collecting less than 30 percent of all Americans call records because of an inability to keep pace with the explosion in cell phone use, according to current and former U.S. officials.† (Washington Post). We need to let the National Security Agency at least monitor us, 30% is not a lot at all. Out of 9 million Americans, 30%

Cybercrime And Its Effects On Society - 1239 Words

Abstract-This research explores the different forms of cybercrime and its effects on society when compared to several years ago. Moreover, it focuses on the changes that have been made to fight the rise of cybercrimes. With the advances in technology allowing society to stay interconnected online, criminals, both who is not an expert and experienced, have taken advantage of growing opportunities. By taking into consideration the dangers on this issue, it is important to take action and provide solutions that change the current situation. This paper explains the impact of cybercrime on society in different forms such as security, economy, and psychology. Thus giving us a better understanding of cybercrime and its effects. While at the same†¦show more content†¦They regularly crack computers for no criminal reason and they are sometimes even hired by organizations to test security. †¢ Insiders: As the name suggests, they often reside within a company and because great damage and make the things worst and these hackers are meant for higher risk. †¢ Advanced persistent threat Agents: They usually target companies/countries for business or political purpose. Their technical skills are in depth and can gain access to the greatest extent of computing resources and exploit vulnerabilities by using malware. So, law enforcement agencies are trying to resolve this problem, as cyberspace is growing rapidly as cybercrimes, then many people have become victims of hacking, identity theft, cyberstalking, cyber bullying, malware, Denial of service, masquerading, Computer intrusion, Social engineering etc. Hacking: It is a cybercrime which draws to unauthorized control/access over computer by breaking down. Hacking uses a variety of software for the destruction of the sensitive and personal data [1][2]. Identity theft: It is an act of acquiring and deceitfully utilizing passwords, account numbers or other individual or organization’s information for financial profit. In this action, the thief uses the data and commit fraud. Cyberstalking: It is a sort of online harassment where the victim is subjected to a flood of online messages and emails which create fear of use computer and the internet. If theyShow MoreRelatedCybercrime And Its Effect On Society776 Words   |  4 Pages I believe that cybercrime is an important and relevant subject in today’s modern society due to the increasing occurring. A topic that has particularly fascinated me is cybercrime and it evolvement among the youth in Ghana. As the youngest among a family of seven and the only male, growing up comes huge responsibilities in an African society. Separation of my parents in their early stage of marriage had a tone on all the children, which brought a delay in our academic life’s because of financialRead MoreThe Effects Of Cybercrime And Its Effects On Society1247 Words   |  5 PagesThe Effects of Cybercrime Did you know a study by Norton reveals that 65 % of internet users worldwide have fallen victim to cybercrimes like credit card fraud, computer viruses or identity theft. Countries that have been attacked the most is china with 83% of its people have been victims, Brazil and India with 76% and USA with 73% users have fallen victim to cybercrimes like credit card fraud, computer viruses and identity theft as seen in the table below. â€Å"Cybercrime is criminal activity or aRead MoreCybercrime And The Fight Against Cybercrime1227 Words   |  5 PagesIntroduction The modern society has experienced profound effects due to information systems which characterize almost all facets of individual and community life. Accordingly, a large amount of research has been dedicated to creating understanding about this phenomenon. Arguably, this may have overshadowed the debate on the ethical, social and legal issues that have accompanied the advent of information systems (Schell Martin, 2004). In particular, while many people are aware of cybercrime, very few understandRead MoreA Brief Look at Cybercrimes1869 Words   |  7 Pages1.0 INTRODUCTION To an act or any offence that threaten society and all act or the action can in connection the offence legal and people who do responsible accept fine sentence or jail. With other word meaning, criminal is anything that can give problem or hardship to others. Cybercrime is crime which involves all crime activity the usual carried out like theft, fraud, extortion and all activity which involves breach of law that is existing by using computer facility or more accurately more, byRead MoreCyber Threat, Its Scope And Its Impact On National Security991 Words   |  4 Pagesor destruction. This paper proposes a policy directed examination on cyber threat, its scope and its impact on national security. It includes a profile of cooperation among criminals, terrorists and hostile organizations and discusses future of cybercrime in 2020. In recent years, â€Å"Information warfare† a new way of terrorism has become the major concern for information security specialists; terrorists might tamper with computers and electronic devices to commit secured information based threats toRead MoreCybercrime Is Any Act Of Crime1740 Words   |  7 Pagesgrowth of society, technology has been a huge asset to many. Since the online world has been a place where we can share our intimate moments, pay bills, watch movies or even shop without leaving the comfort of our homes, it has also become a place where predators lurk and commit unwanted acts without leaving their homes either. Cybercrime is any act of crime committed online and is one were thousands of people fall victim too eve ry day. In the 2012 issue of police reported cybercrime in Canada itRead MoreIs Cybercrime A Type Of Crime That Is Committed Over The Internet?1206 Words   |  5 Pagesinformation, and even make a living through online businesses. When there are positive points, there are bound to be some negative ones, and that is Cybercrime. Cybercrime is a type of crime that is committed over the Internet using computers and networks; also known as Hacking. Cybercrimes are a major issue individual face in today s society; this is because the number of people using the Internet has grown rapidly over the last decade. Technology is available to everyone around this planet;Read MoreEssay on The Dark Side of the Internet1018 Words   |  5 Pagestool into a negative one. As such the negative side of the World Wide Web, cybercrime, has developed as just one of the major disadvantages with the internet. Cyber Crime itself is a broad term and can and does include any crime that is committed via the i nternet including seemingly minor acts as downloading music, to denial of service attacks(DoS), and to acts of cyber-terrorism. With the recently formed threat of cybercrime has also come inventive ways for law enforcement to attack and prevent itRead MoreCybercrime And The Healthcare Industry1582 Words   |  7 PagesA big concern in society and the healthcare industry, which is just as likely to be a victim as any other industry, is the growing number of attacks caused by cybercrime. Healthcare costs rise because of cyberattacks and there is an increase of safety concerns for patients, not to mention the Health Insurance Probability and Accountability Act (HIPAA) is violated. The effects of cybercrime can be damaging to all aspects of the healthcare industry, including but not limited to, consumers, healthcareRead MorePiracy And Its Effects On Online Piracy1630 Words   |  7 Pages â€Æ' IV. Piracy its Effects: Online piracy is another substantial type of a cybercrime. With rapid developments to technology, piracy has become easier and more widespread. Piracy, the act of pirating, is defined as the illegal reproduction, via copying or counterfeiting, of any type of work which includes: software, recordings, or even motion pictures. Although are many ways to pirate material, online piracy is most common. Online piracy uses the internet, and computer technology to illegally reproduce

Accounting conservatism and managerial risks - Myassignmenthelp.Com

Questions: 1. From your firms financial statement, list each item of equity and write your understanding of each item. Discuss any changes in each item of equity for your firm over the past year articulating the reasons for the change. 2. What is your firms tax expense in its latest financial statements? 3. Is this figure the same as the company tax rate times your firms accounting income? Explain why this is, or is not, the case for your firm. 4. Comment on deferred tax assets/liabilities that is reported in the balance sheet articulating the possible reasons why they have been recorded. 5. Is there any current tax assets or income tax payable recorded by your company? Why is the income tax payable not the same as income tax expense? 6. Is the income tax expense shown in the income statement same as the income tax paid shown in the cash flow statement? If not why is the difference? 7. What do you find interesting, confusing, surprising or difficult to understand about the treatment of tax in your firms financial statements? What new insights, if any, have you gained about how companies account for income tax as a result of examining your firms tax expense in its accounts? Answers: Answer 1 The items of equity is depicted in balance sheet of Bapcor limited and it comprised of contributed equity, retained earnings or accumulated loss and other reserves. Contributed equity is one of elements of total equity that is recorded by organization that is split between common stock accounts and additional paid in capital. It refers to shares that have been bought directly by public from company either in the form of stock issuance and initial public offerings (Nichols et al. 2017). Retained earnings are the profits or cumulative earnings that are reinvested by company in business less distributions and dividend paid to investors. It is not distributed to shareholders by way of dividend but they are invested for in business for specific purpose. Reserves are the amount that is used to purchase fixed assets, repayment of debts and funding expansions. Capital reserves and revenue reserves are the two types of reserves. Revenue reserves are the profits that are earned by normal operations of business. General reserves and special reserves are the two types of revenue reserves. Capital profits are profits that are created out of profits that help in setting aside capital losses (Gan 2016). Total value of equity of organization increased in year 2016 to $ 366220 million compared to $ 266925 million in year 2015. This increase in total value of equity is attributable to the fact of increase in total reserves and contributed equity. Contributed equity value stood at $ 416427 million in year 2016 as against $ 337390 in year 2015. Other reserves value increased from $ 441 million isn year 2015 to $ 845 million in year 2016. Increase in total equity value is further attributable to fall in accumulated loss to $ 51052 in year 2016 compared to $ 70906 million in year 2015 (Bapcor.com.au 2018). Hence, increased in total equity value is because of decline in accumulated loss and increase in value of other reserves and contributed equity. Answer 2 Income tax expense is the amount of tax payable on the taxable income of particular period that is based on applicable rate of income tax. Income tax expense is comprised of current tax profits for the particular year, adjustments hat have been recognized for prior period, deferred tax expenses and relating to discontinued operations. Income tax is attributable to profit from discontinued and continued operations. Expense related to income tax is depicted in the consolidated statement of comprehensive income. Total income tax expense constitute of deferred tax, current tax and over provision in prior years. Income tax expense increased considerably in year 2016 to $ 18534 million compared to $ 9177 million in year 2015. There was further increase in income tax expense to $ 25988 in year 2017. Cash outflow related to payment of income tax increased from $ 18004 million in year 2016 compared to $ 3642 million in year 2015 (Bapcor.com.au 2018). Answer 3 The effective income tax rate that is applicable to organization is equivalent to corporate tax rate of Australia that is 30%. Accounting income of Bapcor limited stood at $ 43582 million in year 2016 and $ 19507 in year 2015 respectively. Higher value in year 2016 is indicative of the fact that there was considerable increase in accounting income of organization. Amount of the tax rate times the accounting income for both the years is computed at (30% * $ 43582= 13074.6) for year 2016 and (30% *$ 19507= 5852.1) for year 2015. From the computation of above figures, it can be seen that income tax expense for year 2016 is more than $ 13074.6. Furthermore, it can be seen that income tax expense for 2015 is more than $ 5852.1 (Bapcor.com.au 2018). Therefore, the figures of income tax expense are not same as the company tax rate times the accounting income. This difference is attributable to the fact that income tax is charged on various items and there are many types of taxation charge incurred by company. In some year, income tax is deducted as it has already been incurred while in other year there are addition to income tax charged that leads to differences between the value of income tax expense and accounting income percentage times tax rate. Answer 4 Deferred tax assets have been reported under noncurrent assets in the statement of financial position of company. Amount of deferred tax assets reported in the statement of financial position is recorded at $ 20614 million in year 2016. Value of deferred tax assets was recorded at $ 11847. Value of deferred tax assets stood at $ 18664 in year 2017 (Bapcor.com.au 2018(. Recognition of deferred tax assets and liabilities is attributable to unused tax loss, temporary differences and any adjustments that have been recognized for prior periods. However, deferred tax liabilities have not been recognized in the statement of financial position. Recognition of deferred tax assets are done for unused tax losses and deductible temporary differences (Hu et al. 2014). This is done only if the availability of future taxable amount is done for utilizing temporary losses and differences. Recording of deferred tax assets in the consolidated financial statement has been done because members of tax con solidated group has recognized temporary differences using the approach of separate tax payer within the group. Bapcor limited has recorded deferred tax assets deferred tax assets arises from tax credits of tax consolidated group and unused tax losses. Deferred tax assets increased from $ 573000 in year 2015 compared to $ 839000 in year 2016 (Bapcor.com.au 2018). Answer 5 The current annual report of Bapcor limited records total amount of income tax payable by company in particular year and current tax assets. Bapcor limited has recorded income tax payable in both current year and previous year. Organization has recorded current tax liabilities at $ 6236000 in year 2016 as against $ 5098000 in year 2015. Amount of income tax payable has reduced in year 2017 to $ 3455 (Bapcor.com.au 2018). There been no current tax assets that have been recorded in both the years. Current tax assets are offset when organization has legally enforceable right to do so and setting the same of net basis for settling the liabilities and realizing the assets simultaneously. The income tax payable by company in every particular year is different from income tax expense. Income tax payable for year 2016 stood at $ 6236000 while income tax expense stood at $ 18534000 (Bapcor.com.au 2018). It is indicative of the fact that income tax liabilities of Bapcor are significantly highe r than income tax expenses. Income tax payable is the liability that is incurred by organization that is based on profitability reported. Amount that is paid as an income tax is not solely based on business accounting profits. Accounting profits might get altered for resulting in taxable profits due to number of adjustments as imposed by government. Timing differences would arise resulting from these adjustments leading to differences between tax reporting and profit recognition for accounting purpose. Consequently, differences would arise between income tax reported by company in their income statement and the amount of income tax payable. Answer 6 Income tax expense of Bapcor limited is recorded in the statement of comprehensive income while total amount of income tax paid is recorded in cash flow statement. Income tax expense for year 2016 is recorded at $ 18534 and on other hand, income tax paid is recorded at $ 18004. Hence, for year, income tax paid is different from income tax payable by amount $ 530 (18534- 18004). On other hand, income tax expense for year 2015 stood at $ 9177 while income tax paid was recorded at $ 3642. Therefore, income tax expense is more than income tax paid by amount $ 5535 (9177-3642). From the analysis of above figures, it can be inferred that there is considerable difference between income tax paid and income tax expense. The income tax expense of Bapcor limited is the amount of tax payable on the taxable income of current period based in income tax rate that is applicable. Income tax paid is the amount of income tax liability of organization. Income tax expense is calculated based on accounting profit that requires accrual method of accounting that deals with recording expenses. Tax expense is comprised of deferred tax and current tax that is incorporated in net profit and loss determination for particular period. On other hand, income tax payable is determined by the concept calculation taxable income that is determined by taxation rules followed by company. Hence, former make use of net accounting profit and latter uses financial accounting concept (Kravet 2014). Tax accounting forms the basis of computation of income tax expense that takes into consideration of understanding the effect events on income taxes such as valuation allowances, net operating loss/profit and changes in rate of tax. Moreover, the differences between income tax paid and income tax expense is attributable to principles of general accounting principles. Difference between accounting income and taxable income is classified into timing and permanent differences. Permanent difference does not occur reversely as they originate in one period and do not repeat (Ahadiat and Martin 2016). It can be explained with the help of an instance, if only a part of an expenditure item is allowed by tax laws if the purpose is to compute taxable income, there would be permanent difference resulting from disallowed amount. Differences in the amount of income tax expense and income tax payable is also attributable to timing differences that is a difference between accounting income and taxab le income for a period that is capable of reversing in on period and originate in other period. The reason attributable to differences in timing is because the period in which some items of expenses and revenue are included in the taxable income that does not coincide with the period in which recording of such expenses and revenue have been done or have been considered when arriving at accounting income (Ermakova and Gudshatullaev 2016). This explains why there exist difference between income tax paid and income tax expense. Income tax payable is determined by taxable laws and there exist difference between requirement of computing taxable liabilities and the accounting policies that have been applied for determination of accounting income that forms the basis of computation of income tax expenses (Penner et al. 2016). It is certainly possible that the impact of accounting income on income tax expense and taxable income in determining income tax liability might not be same. Answer 7 The treatment of taxation in the financial statement of Bapcor limited has been interesting as there was segmented presentation of treatment of income tax items. There have been detailed explanations of deferred income tax assets and deferred income tax liabilities in comprehensive income. It gives the explanation of determination of deferred income tax that has been done by using Australian corporation tax rate. It has been ascertained that temporary differences is the reason attributable to difference between deferred tax liabilities and income tax expense (Nichols et al. 2017). Hence, analysis of the financial statement presented in the annual report of company depicts that company has separate presented the descriptions of income tax. Examination of income tax has been done in context of income expense, recognition of taxation amount in equity and there is detail explanation of numerical reconciliation of income tax expense. Manner in which organization computes income tax expens es that arises from ordinary activities and attributable to profit are presented separately. Determination of income tax expense is done by considering income tax rate that is applicable to organization and taking into account taxable income of current period for each jurisdiction by making adjustment to changes in deferred tax liabilities and assets resulting from unused tax loss and temporary differences due to accounting income and taxable income (Wang and Makar 2015). Moreover, it has been analyzed that income tax expense in each period is higher than income tax paid. Income tax expenses of organization have been increasing year on year due to increase in amount of profit reported. References list: Ahadiat, N. and Martin, R.M., 2016. Necessary attributes, preparations, and skills for the selection and promotion of accounting professionals.Journal of Accounting and Finance,16(1), p.11. Bapcor.com.au. 2018. [online] Available at: https://www.bapcor.com.au/Reports/Bapcor-2016-Annual-Report-FINAL-FOR-LODGEMENT.pdf [Accessed 2 Jan. 2018]. Caskey, J. and Laux, V., 2016. Corporate governance, accounting conservatism, and manipulation.Management Science,63(2), pp.424-437. Dagwell, R., Wines, G. and Lambert, C., 2015.Corporate accounting in Australia. Pearson Higher Education AU. Deegan, C., 2014. An overview of legitimacy theory as applied within the social and environmental accounting literature.Sustainability accounting and accountability, pp.248-272. Ermakova, N.A. and Gudshatullaeva, E.M., 2016. Peculiarities of the Application of Income Tax Standards by the Subsidiary Company in the Russian Accounting Practice.International Journal of Environmental and Science Education,11(13), pp.5873-5882. Gan, F., 2016. New Achievements of Government Accounting Reform in ChinaGovernmental Accounting StandardsBasic Standards.Modern Economy,7(04), p.450. Goswami, M., 2014. Corporate Environmental Accounting: The Issue, Its Practices and Challenges; A Study on Indian Corporate Accounting Practices.IOSR Journal of Business and Management,16(5). Hu, J., Li, A.Y. and Zhang, F.F., 2014. Does accounting conservatism improve the corporate information environment?.Journal of international accounting, Auditing and Taxation,23(1), pp.32-43. Kravet, T.D., 2014. Accounting conservatism and managerial risk-taking: Corporate acquisitions.Journal of Accounting and Economics,57(2), pp.218-240. Lee, R.T., 2016. Fixed and Variable Costs: When Accounting Is the Opposite of Cash Flow Reality.Journal of Corporate Accounting Finance,27(4), pp.31-35. Lee, T.A., 2014.Evolution of Corporate Financial Reporting (RLE Accounting). Routledge. Nichols, N., Betancourt, L. and Scott, I., 2017. The FASB Simplifies the Accounting for Share?Based Payments.Journal of Corporate Accounting Finance,28(4), pp.8-19. Penner, J., Kreuze, J. and Langsam, S., 2016. Analysis of Simplification of Accounting Initiative for Inventory and Update of Other Simplification Proposals.Journal of Corporate Accounting Finance,27(4), pp.9-12. Wang, L. and Makar, S., 2015. FX Cash Flow Risk Management: Financial Reporting Issues and Practical Implications.Journal of Corporate Accounting Finance,26(2), pp.59-62. Warren, C.S. and Jones, J., 2018.Corporate financial accounting. Cengage Learning. Williams, J., 2014.Financial accounting. McGraw-Hill Higher Education.

Describe the Benefits of a University Education free essay sample

Describe the benefits of a university education With the society developing faster, more professional people are needed, the university education begins to play a role which has never been such important before. A variety of facts have already proved that, not only an individual person, but also the whole society benefit from the university education. The support of this essay is to discuss how university education affects the world. For the individual, firstly, university is one of the very places where he gains the most practical knowledge and cultivates the academic skills due to which he can feed himself as well as his family. Many investigations demonstrate that people who have the experience of studying in university as well as people with a Master degree or Doctoral degree live a higher quality of life than those who does not receive a university education. Secondly, university is also the very place where young adults firstly acquire their social skills. We will write a custom essay sample on Describe the Benefits of a University Education or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Researchers have found that the graduate from university always have better ability of carrying out different kinds of problems. As the modern universities are becoming more synthetic, what students can learn from university is beyond academic lore, it is a combination of different types of capability. The graduates are generally adept in the art of being a social animal, mastering the important ability such as to judge and to pardon. Furthermore, university education does the country great favor. Firstly, university education helps the society solve many thorny problems in a certain extent. To run a university needs not only professors and students but also many other staff to be responsible for the daily affairs. This requires a great numbers of people to attend work, providing more positions of job. Owning to this, the hard situation of employing can be eased. The less people without income to feed himself, the stronger psychological balance they will have, and the society will be more stable. Secondly, university education increases the averaged accomplishment of the society. Citizens may be more civilized after having further education, which will make them obey the law and regulation consciously. The more people accept further education, the deeper the spiritual civilization will immerse into the social atmosphere. This helps the society progress at a higher speed faster because more vigor can be made full use of to construct instead of to supervise and to manage. With qualified personnel outputted by university, the society can grow in a healthy way. In conclusion, university education is not only for university student, but also for different stratum of the country. University education supply knowledge to the learners as well as opportunities of surviving to the livelihood, since it benefits both the individual person and the whole society a lot, it is widely believed that the importance of university will continue increasing as the world grows.

Critical Evaluation of Binaural Hearing Marketing Strategy Cochlear Ltd

Free Essays on Yellow Wallpaper

What a Night! It was a beautiful, warm Thursday evening. I was wandering foolishly through the neighbor’s gardens in search of glowing fireflies. I stumbled across a group of three fireflies, all with their lights shining, except for one. As I knelt down to pick up the helpless little creature, I heard a strange and unfamiliar noise. I flung myself to the ground as not to be caught. I clung to the grass for a few minutes, but the sound would not stop. I slowly raised my head to see what could be capable of making this sort of strange noise. A third story window in the house that occupied the property I was trespassing on caught my attention. A dim, yellow light shined in the room. I saw strange shadows on the ceiling, which I made out to be a woman. She looked to be circling the room in a slow manner. In her hands she grasped a large object, something flimsy and lightweight. I crawled to the base of an apple tree and carefully climbed up to the top branch. From there, I could confirm my speculations. I could not believe what my eyes saw; a deranged woman tearing wallpaper off the wall of her room, and flailing it around violently. The tearing of the wallpaper was the unexplainable sound that I had been hearing. Scared, I jumped out of the tree and ran home in fear of my life. Since that night, I have never stepped foot on that property again.... Free Essays on Yellow Wallpaper Free Essays on Yellow Wallpaper â€Å"The Yellow Wallpaper†, written by Charlotte Perkins Gilman is an account of a mentally disturbed woman. The woman portrayed in this short story plays the role of a dominated, inferior lady who is not outspoken and willing to take a stand on behalf of her own well being. She does not realize she can have her own ideas and stand up for herself; this is her main problem in the story. By applying all the concepts of style, symbolism and time era Charlotte Perkins Gilman has conceived a well-written story. The time frame has a great importance to the overall story. The account does not just deal with a woman going insane but a woman’s standing in society in the late 1800’s. During the time in which Gilman’s piece was written, women were not often prominent figures in society. Men frequently dominated them, and it was rare to find a very outspoken female willing to stand up for her own well-being. It is a very disturbing look at how a man could have dominated a lady in the time frame in which the story was set. It exemplifies how woman were disregarded at times and treated like frail beings at others. All woman really needed was moral or emotional support to break free of a male dominated society. Throughout the story symbolism is a strong key point. The wallpaper has many symbolic examples in it. The pattern at one point in time start to look like bars and the woman behind them is constantly shaking them at night to escape. The key factor is that the woman is somehow freed from the bars during the day, yet trapped behind them at night. This is symbolic of her husbands not being home during the days, while he is working. During this time she is alone and free to be herself, without anyone’s rules to suppress her emotions. Because of this she does not feel the urgent need to escape. At night however when her husband returns home she is thrown back behind those imaginary bars that symbolize her feelings of control. In the ... Free Essays on Yellow Wallpaper What a Night! It was a beautiful, warm Thursday evening. I was wandering foolishly through the neighbor’s gardens in search of glowing fireflies. I stumbled across a group of three fireflies, all with their lights shining, except for one. As I knelt down to pick up the helpless little creature, I heard a strange and unfamiliar noise. I flung myself to the ground as not to be caught. I clung to the grass for a few minutes, but the sound would not stop. I slowly raised my head to see what could be capable of making this sort of strange noise. A third story window in the house that occupied the property I was trespassing on caught my attention. A dim, yellow light shined in the room. I saw strange shadows on the ceiling, which I made out to be a woman. She looked to be circling the room in a slow manner. In her hands she grasped a large object, something flimsy and lightweight. I crawled to the base of an apple tree and carefully climbed up to the top branch. From there, I could confirm my speculations. I could not believe what my eyes saw; a deranged woman tearing wallpaper off the wall of her room, and flailing it around violently. The tearing of the wallpaper was the unexplainable sound that I had been hearing. Scared, I jumped out of the tree and ran home in fear of my life. Since that night, I have never stepped foot on that property again.... Free Essays on Yellow Wallpaper Take control â€Å"The Yellow Wallpaper† is a story based on â€Å"rest cure† treatment, developed after the Civil War by famous physician S. W. Mitchell, which required confining the patient to a remote residence on complete bad rest, increased food intake, supplements and exercise, massage and, at times, electric shock therapy. But the story actually is not a discussion about treatment methods of common mental disorders but about a struggle of personality- about a woman that tying to find independent way of living. The narrator, a young women in her thirties, faces deep identity problems, that lead her to extraordinary ways to express herself. To understand what is really going on with the person, we have to take a look at the environment that surrounds her. The fact that she is not at home but in temporary â€Å"ancestral hall for summer† and moved there just a few weeks ago, to the idea that this is not about her physical environment, but her emotional state we are talkin g here and the problem has not appeared itself just a few weeks ago; rather physical environment only triggered it making it noticeable. As opposite to temporal, that can be changed, her emotional surrounding is constant and this is what we will try to focus on. We believe, that â€Å"nervous breakdown† was result of continuous struggle to find her own personality and be accepted as she is, not the way it convenient for others to see her. The first figure that mention here is her husband John, who is her physician as well, and the reason she does not get batter, from her words. There are many reasons for psychological problems to occur, and one of them is extreme loneliness of narrator and lack of support from others. In this family husband presents a narcissistic, self-loving figure, that confident in self-perfection. He does not take his wife seriously as a partner and friend, keeping her away from his business. He leaving in a morning and come back late, only tell...

Racism Essay Example | Topics and Well Written Essays - 250 words

Racism - Essay Example Therefore, in order to keep that from happening, the indigenous people make use of racism and ethnic discrimination to scare the foreigners away. In order to eliminate racism and ethnic discrimination from our society, it is imperative that anti racism notions are cultivated in children in schools. Concepts developed in the schools play a fundamental role in determining the way a child would behave as an adult. Therefore, subjects as sociology and religion must be made necessary part of the curriculum in order to inculcate the sense of equality and harmony in the children so that they become responsible citizens as adults. In the workplace, employers should enforce rules that openly discourage the display of any sort of racism on the part of the employees. Employees showing racism should be expelled. Likewise, government should arrange lectures to convince the elderly against racism. I do not think that we would ever be able to completely rid the world of prejudice. Irrespective of t he education or grooming, people fundamentally behave as their nature dictates them to, though if the aforementioned measures are taken, people can be at least influenced to change their attitude towards people from other races.

Radical feminist vs Liberal feminism Research Paper

Radical feminist vs Liberal feminism - Research Paper Example According to these feminists as discussed by Joy, all their problems emanate from men and patriarchy (James 78). When it comes to liberal feminists, Joy explains that they blame the source of their inequality and unfair treatment in society as a result of them being viewed by society as less intellectual and also not being physically strong enough in comparison to the men. It is this societal view that makes the liberal feminists want to emancipate themselves and want to gain equality. These feminists advocate for equality through rights to work and fair compensation. They also advocate for an end to domestic violence and sexual exploitation which has been the common thing women go through. An example of radical feminism that really needs to be changed is the issue of social class accorded to women and men. For a long time, men have been the ones accorded the upper social class in society as a result of the patriarchal system in society. This upper social class status has made the men be seen as the superior beings and women as the inferior in all sectors other than in home matters or domestic affairs like house-keeping and rearing children (reproductive roles). This is the notion and concept the radical feminists want to remove and show that women too can work in productive roles the same as men (Hannam 54). The liberal feminists on the other hand advocate more about reproductive rights which as a result of being seen as the gender whose roles are reproductive are not accorded the necessary reproductive rights they deserve. The need to advocate for these rights is because in as much as they directly involve women, they are ignored when it comes to planning or even implementation of reproductive laws for example the abortion laws. Women were initially not consulted or asked their views on abortion and whether they would like it to be made legal to avoid

Advertisements and Tourism Websites Essay Example | Topics and Well Written Essays - 500 words

Advertisements and Tourism Websites - Essay Example Advertisements and websites are the most prolific example of segmented marketing, where the target group decides the contents of advertisements. In the rapid globalization and advancing technology, websites of tourism are the most popular form of advertisements for the tourism industry whose. Tourism websites have become popular primarily because they are able to provide the customers with the necessary information and services that facilitate their desire for relaxation and at the same time whet their appetite for adventure. People have the inherent urge for adventure and tourist industry, the world over has left no stone unturned in order to provide an exciting adventure in the remotest part of the world. The information explosion and e-commerce activities in the tourism industry have further added to the attraction. The websites have made even a middle-class person, with limited resources, to crave for the attractions and exciting new packages that are on offers by the travel agen cies. ‘http://www.guardian.co.uk/travel’ is one such website that is designed to seduce the customers with a vast choice of places offering attractive schemes. Rest and relaxation are an integral part of human nature where different people have different notion of rejuvenating themselves. The tips given by the travelers are designed to inspire and boost the confidence of the future customers.

Management Theory Analysis Of Case Study Business Essay

Management Theory Analysis Of Case Study Business Essay In present, the success of an organization significantly depends upon its management and the theories or designs adopted by it for successfully handling its different aspects. The concept of management is been used from last several years but applied in different manner. The different use of management has been evolved in the form of management theory. The concept of management theory has developed from classical theory, bureaucracy, human relations, and social psychological schools, systems and contingency approaches to contemporary management approaches. All the above mentioned management theories have been given by different theorists with their own viewpoints and assumptions that can be applied in workplace according to the needs. Nowadays, application of management theory is important because it assist organizations with an approach to make its entire people more productive. IT facilitates individuals and professional with diverse approaches and tactics that they can use to manage their business and human resources. The vital key to an organizations success is its people and if it is able to manage them, it can effectively attain its pre-determined goals. All the aspects management, management theory, contemporary theories of management, organizational designs, enterprise within organizations and organizational structures are somehow related to each other. All of these are different but interrelated as these are used by a firm to manage its processes, operations and resources. All of these aspects and development of management theory will be discussed in detail in this assignment in concern to the given scenario of Computing for Commerce (CFC). This assignment will be done with the help of analyzing all previous researches done in this field and its applicability in workplace. A number of theorists and researchers have analyzed the management theory and its practice at workplace. They have given several theories or approaches that can be used to improve the productivity of workplace. These different theories and approaches will be analyzed to understand the applicability of management theories and approaches in workplace. The company selected for the discussion and applicability of management behaviour and theory is Computing for Commerce. It was established by Nico Van Barneveld in 1984. It was started as centralized payroll bureau that handle payroll transactions for companies who are too small to run their own payroll departments. It produce monthly payroll statements, transfer funds into employees bank accounts and calculate monthly tax deductions which are paid to the inland revenue on behalf of its clients. From the time of its origin, the size of its customers has grown from 50 customers to 300 customers. The company operates with a flat structure and still runs everything in a hands on manner. Critical Review of CFCs Management Style and Practices In 1984, when Nico Van Barneveld founded Computing for Commerce, it was serving only few customers. Now, as company has expanded in terms of its operations and customers it should adopt some different approach rather than only a flat organizational structure or conventional management styles and practices. The management practices and styles adopted by CFC was effective in old time but now, it is confronting severe issues and it is all because of its ineffective style of management. The concept of management exists from past some centuries but it has become substantial from last few decades. This is because of the failures confronted by various organizations in concern to their management behaviour and practices. From last some decades, CFC has confronted several opportunities as well as challenges and it is all due to increasing globalization and rising level of competition. For capitalizing on existing opportunities and minimizing the effect of heightening challenges, it adopted different expansion strategies. The expansion strategies assisted the company in enlarging its customer base, but it didnt help it in managing its operations and resources. The company employees were dissatisfied that evidences that it should have adopted some effective management theory as from last several years a number of management theories have emerged. Theories like classical theory, bureaucracy, human relations, and social psychological schools, systems and contingency approaches could significantly assist business organizations (Miner 2007). The adoption of different management theories would have facilitated CFC with an appropriate management style or practice to manage their operations and as well as their resources like finance and human resources. This could also be understood with the help of discussion of the development of management theory, different schools of management and their implications for the organisation of CFCs challenges and opportunities. Classical Organizational Theory: The classical organizational theory developed throughout the first half of this century. This management theory is merger of Taylors scientific management, Webers bureaucratic theory and Fayols administrative theory (Almashaqba Al-Qeed 2010). Classical organization theories pertain to formal organization and concepts for increasing management efficiency. Taylor introduced scientific management concepts in 1917, Weber gave the bureaucratic approach and Fayol explicated the administrative theory of the organization (Walonick n.d.). With the help of all these theories or some of these theories, CFC would have easily resolved its troubles related with the management of its employees and their distributions in the management of their work. These theories could significantly assist CFC in increasing its management efficiency as it is vital for the company with its increasing expansion (Organizational Theories n.d.). The advantages and disadvantages of these different classical theories in concern to CFC can be understood with their discussions: Taylors Scientific Management Approach: The scientific management approach was developed by Taylor and it is grounded on the conception of planning of work for attaining efficiency, standardization, specialization and simplification. This approach concentrated on the need of increasing mutual trust among management and workers as it is a key to increase productivity (Rimer 1993). If CFC also makes use of this approach, it can effectively plan all its operations and distributions of its employees or trainers. Taylor explicated the subsequent four principles of scientific management through which business organizations can improve their productivity: Old rules-of-thumb should be replaced by a scientific approach. Organizations should select employees on the basis of some analysis, and then should be taught, trained and developed. Concentrate on the need of cooperation among management and labor so that all work can be done in accordance to the developed scientific principles. Scientific training of the workers so that work can be divided effectively between workers and managers with effective planning and control (Walonick n.d.). With the help of this approach CFC may also plan and control all its business operations like payroll transactions and PC Application training. The allocation of local centre managers and trainers would also be done on scientific basis. This will assist the company in making formal divisions among its workers and managers and as well as in adopting systematic procedures (Almashaqba Al-Qeed 2010). On the other hand, this approach also has some limitations like in modern time it is not very much relevant as nowadays concentration on production is replaced by people. In modern time, companies cannot use their employees just as a mean of production they have to treat their employees in a fair and imperative manner (Miner 2007). Webers Bureaucratic Approach: Bureaucratic approach was given by Max Weber in 1947. He elaborated theories given by Taylor and emphasized on the need to abbreviate diversity and uncertainty in organizations. As well, he concentrated on the establishment of clear lines of authority and control. This bureaucratic theory also stressed on the need of a hierarchical structure of power (Walonick n.d.). It assisted the businesses in identifying the significance of division of labor and specialization. In addition to this, a formal set of rules was also bounded into the hierarchy structure so that companies can effectively insure stability and uniformity (Organizational Theories n.d.). By making use of this approach CFC can easily and effectively modify its flat organizational structure that is not suitable nowadays as it is expanding its operations. With the help of bureaucratic approach, the company can significantly develop as a formal organization based on structure, specialization, certainty and stability, rationality and uniformity. This formal structure will assist the company in resolving all its present challenges and capitalizing on available opportunities. In addition to the above discussed advantages, this approach also has some limitations as it will not assist the company in the management of aspects like inflexibility, impersonality, displacement of aims, limitation of classification and self-protraction. It will bring forth a vertical organizational structure that will give rise to many levels of management. Many levels of management will increase complexity and difficulty in attaining coordination. Administrative Theory: The last significant classical theory is Administrative theory that is also known as principles of management. This theory was validated in 1930. It was developed by Fayol in 1949. This theory stressed on the development of a universal set of management principles that could be applied to all organizations (Organizational Theories n.d.). The different elements of this theory are associated to the accomplishment of tasks, principles of management, the conception of line and staff, committees and functions of management. This theory assisted in the identification of the management principles rather than personal traits. Other theorists only shared their beliefs but Fayol was first that recognized management as an ongoing process of evaluation. By making use of this theory CFC can significant attain several advantages in terms of functions of management (planning, organizing, training, commanding and coordinating), line and staff and principles of management (Sapru 2006). All these concepts will assist the company in managing its business operations, customers, stakeholders and other associates. The 14 principles of management will help the company and Nico in an effective management of its organization and its resources. The company will become able in dealing with all its existing issues related with management of operations and resources (Walonick n.d.). In addition to all these advantages, the company may also confer some disadvantages if these principles are not managed in an appropriate manner. It may increase chaos and confusion among the company and its employees. With the discussion of classical theory, it can be said that it can help CFC in the management of its organization but it is very rigid and mechanistic. In this theory, employees have minimum power over their jobs and working conditions that is not relevant with modern era. In modern era employees are given significant preferences in spite of production as until or unless they are not happy, a firm may not attain its objectives. Neoclassical Organization Theory: Neoclassical theorist stressed on the significance of individual or group behaviour and accentuated on human relations. On the basis of the Hawthorne experiments the neoclassical approach stressed on the development of social or human relationships among the operators, researchers and superiors (Organizational Theories n.d.). The considerations of this theory were more pertinent to rendering productivity rather than only making changes in working conditions. The neoclassical theorists argued that business can attain productivity increases by developing high morale. High morale is affected by the amount of individual, personal and close attention workers receive (Mirowski 1983). By making use of this theory, CFC can effectively develop its employees rather than only adopting changes in work pattern or conditions. This theory can facilitate company and Neo on concentrating on human nature aspects. With the help of this management practice, CFC will become able in establishing an informal organization structure and focussing on the development of its employees (Walonick n.d.). With the implication of this theory, Neo will become able in understanding that an employee is not a mechanical tool. An employee is a social being who have several aspirations that affect his performance and productivity. This understanding would assist Neo in developing the productivity of his employees by providing them effective opportunities and motivation. With the application of this theory Neo will also become able in understanding the importance of work group and participative management. Participative management will assist CFC in attaining all available opportunities and in expansion and resolving issues of employee dissatisfaction. Work group will assist it in deriving the benefits of synergy. In this way, this theory will substantially help CFC in the management of its employees that are most vital aspect of a business growth. In addition to above discussed advantages, this theory also has some disadvantages. The management behaviour and practices rendered by this theory sometimes may create failure as there is lack of monitoring that is vital. This theory implies for loose control over subordinates that is not applicable in present competitive environment. At some extent it is essential to monitor subordinates as otherwise they may divert from the given duties or responsibilities. Contingency Theory This theory is a kind of behavioural theory that asserts that in general there is no effective way to systematize a corporation, to direct it and undertake decisions. In spite of this, the best way to manage an organization depends upon its internal and external situation. It was developed by Chandler in 1962 and Lawrence and Lorsch in 1969. In respect to this theory different contingent approaches were developed in the late 1960 (Bacher 2007). Contingency theorists suggested that previous theories like Webers bureaucracy and Taylors scientific management had broke down because they overlooked the environment (Walonick n.d.). In modern time, management style and organizational structure of a firm is substantially influenced by its internal and external environment or contingency factors. If CFC make use of this theory can effectively resolve all its troubles related with expansion and management of its operations. An analysis of its environment will significantly help the company in its future business decisions (Organizational Theories n.d.). With an internal environment analysis, the company can easily identify the substantial reasons of its employee dissatisfaction and level of their performance. On the other hand, external environment will assist it in its future business planning and decisions. With the use of contingency theory, the company will effectively become able in managing its conflicts rather than avoiding it. In addition to these advantages, this theory also has some disadvantages like it is applicable only in a situation when organizational environment is unstable or changing (Jacques 2007). As well, this also demands management time, money, and effort so that coordination can be attained. Systems Theory This theory was suggested by Hungarian biologist Ludwig von Bertalanffy in 1928. This theory emphasised that all the elements of an organization are interconnected and if there occurs change in a variable it might affect several others also (Northouse 2009). In concern to this theory, organization is considered as open system that is continually interacting with its environment. By applying this theory CFC can effectively derive immense success. It will assist the company in shaping its reality on the basis of its actions. It will help Neo in understanding how its own actions have shaped its present position and that in turn will boost his confidence. With this, he will become able in understanding that its success is related to all its business elements (Kast Rosenzweig 1972). If it makes changes in an element it has to evaluate other elements also so that determined objective can be attained effectively (Walonick n.d.). This theory will help CFC in focussing on all its business elements rather than at a single element. Additionally, it also has disadvantages like its concept of nonlinearity adds massive complexity to understanding of organizations. Its nonlinearity introduces significant complexity and that makes it difficult to understand the relationships between variables. This may also drive CFC towards confusion so it is better to understand its affectivity so that complexity may not arise (Organizational Theories n.d.). The relationship among all its business variables needs to be identified for effective functioning. Approaches to Contemporary Issues in Management Nowadays, the new conception of management has entirely replaced the traditional perspectives of management. In present managers from all around the world are trying to seek new insights about how they can lead in a much better manner and how they can motivate, organise and manage their organisations (McKenna 2000). All these efforts of universal managers are highly affected by the contemporary issues of management confronted by them. With the increasing globalization and healthy world trade conditions, more and more companies are trying to operate at international level. All companies want to reach at the benefits of global expansion so that they can reap the existing opportunities. The effect of globalization has forced companies to move into foreign markets that in turn present several issues in front of managers in concern to management (Daft 2009). They are confronting issues like decreasing level of motivation, downsizing, managing diversity, and management of rapid change and meeting with the competing demands of all stakeholders. Similar is the situation with CFC and need to be managed effectively. All these contemporary issues in management can be resolved effectively at CFC by making use of advanced approaches towards employee motivation, management style, change management and fulfilling competing demands of all stakeholders. For motivating its employees the company can make use of approach of employee empowerment. This will develop self-leadership among CFCs employees and they will become authorized to lead others (Jacques 2007). The deliverance of authority to employees will increase their motivation towards the fulfilment of CFC goals. In addition to employee empowerment, the CFC may also make use of different types of management styles and change management approaches. Both of these will assist the company in responding to change in its internal and external environment. For managing its internal environment the company should make use of participative management style as this will assist in the development of flexible management (Holbeche 2006). It will heighten the communication among company managers and employees that in turn will increase their level of performance. The changed management approach like planned change will assist the company in dealing with its external environment and effect of globalization (Luthans 1998). Participative approach towards management and effective modes of communication will assist, CFC in significantly meeting with the competing demands of all its stakeholders. Internal and external environment analysis will assist it in understanding the needs and requirements of its customers, suppliers, employees and shareholders (Harris Hartman 2001). In this way, it can be said that in present there are various approaches that can be used by CFC for dealing with the contemporary issues of management. Evaluation of CFCs Enterprise Culture Consideration of its Operating Structure CFC is a small size firm and its enterprise culture is not as effective as it need to be in present time. The company operates in the simplest manner and does not give importance to social values of employees, associates and its stakeholders. Due to its weak enterprise culture it confronts several issues in concern to its employees, associates, stakeholders satisfaction. The company operates as a sole trader that has several advantages as well as disadvantages for it (Murray, Poole Jones 2006). The only person that owns the CFC is Neo. In this type of company structure, Neo being a sole proprietor has absolute control over his business and he is totally responsible for its management. This type of structure has little start up costs and it is elementary. All the profits made by this type of company structure are kept by Neo only and it is quite flexible as whatever changes are required can be made easily. On the other, this structure also render Neo with several disadvantages like he has to manage all business related tasks and as his business is expanding, it will become difficult for him only to manage all business operations. He is exclusively responsible for paying all debts and it is also difficult for a sole trader to raise funds for expansions (Spedding Rose 2008). With the discussion of these disadvantages of sole trading, it can be said that the CFC should make use of some other company structure. Now as company is increasing in its size and customer base than it should make use of following company structures: Limited Companies: Limited companies subsist with their own right. The companys finances are distinguished from the personal finances of their proprietors. Shareholders may be people or other companies and they are not accountable for the companys debts unless they have given guarantees. The main types of limited company are private limited companies, public limited companies and private unlimited companies (Pride, Hughes Kapoor 2009). In this type of business structure, there is limited liability. It means that each shareholder or member is liable only at the extent of the amount invested by him. This type of structure also avoids double taxation. On the other hand, it also has some limitations like restrictive transfer of ownership (Needham Dransfield 1994). Partnerships: In this type of company structure, two or more people share the risks, costs and responsibilities of business. Each associate is self-employed and enjoys a share of the profits. In this type of company structure, partners make decisions by coordinating with each other that usually results in assured success. It reduces the risk of individually running and managing a business (Spedding Rose 2008). It is a relatively simple and flexible way to manage a business. On the other hand, it also has some disadvantages like it is not essential that both the partners follow all established rules and ethics. They may take advantage of other for fulfilling their own needs. Co-operatives: It is a distinct type of business structure that is user-owned and user-controlled business that allocates margins to its users on the basis of use of patronage. This structure authorizes its users to attain ownership by patronizing the business. It also has risks like uncertainty, and follows up of established code of conduct (Pride, Hughes Kapoor 2009). With the above discussion of different types of business structures, it can be said that CFC should make use of some other operating structure in spite of sole trading. As now, the size of company is increasing in terms of its operations, customer base and overseas expansion; it is not possible for Neo only to manage each business aspect. In this situation, he should adopt some other company structure like partnership or limited company. Analysis of CFCs Organization Structure From the time of its origin, CFC is operating with flat organizational structure. In the company everything runs in a hands on manner. The company has four key staff in the centre of the company that handle management functions like finance and marketing. As well, the company also has a dedicated central IT team of three people handling the payroll service. The company is running on flat organizational structure because it feels this structure is appropriate in accordance to its small size. With the help of this flat structure the company is able in attaining effective communication among its employees and management. It also assists CFC in the development of effective team spirit, less bureaucracy and rational decision making (Furnham 2005). In addition to these advantages of flat organizational structure, the company also confronts several disadvantages like it may limit its growth and structure. Functions of an individual or department could be blurred and merge with the job roles of others as there are not any distinctions between individuals roles (Daft Marcic 2008). With the discussion of these advantages and disadvantages of flat organizational structure, it can be said that CFC should adopt some other organizational design. As now companys operations and customer base is increasing day by day and it is also planning to establish its operations in overseas locations, the company should change its old organizational structure. Subsequent are the various organizational designs that can be considered by CFC for the effective management of its new overseas ventures: Functional Structure: It is a type of departmentalization in which positions are grouped on the basis of their main functional area. In other words, in this type of structure positions are grouped into units on the basis of similarity of expertise, acquisitions and work activities (Montana Charnov 2000). It is most common method of grouping activities. CFC can also make use of this structure as it will assist it in running its overseas operations effectively. With the help of this structure, the company will become able in grouping its several employees on the basis of their functions like marketing, finance, operations, management etc. It is a logical structure and can help the company in managing its increasing size and employee base. With the help of this functional structure, Neo will effectively utilize its greater variety of skills. This structure will provide clarity to its members regarding their roles and duties and with this they will get specialization in specific business area (Drucker 2008). This role clarity and specialization will develop employees leadership skills. Divisional Structure: A divisional organizational structure is a type of departmentalization in which positions are grouped according to similarity of products, services or markets. With the help of this organizational structure, CFC can divide its complex functional units into smaller, more flexible and administrative units. The functions of its payroll departments can be classified into different divisions (Luthans 1998). This will assist the company in promoting independent and self-contained units in its overseas ventures. This can also be used for managing its increasing size and technology. Employees satisfaction level will also increase with this type of structure as they will became independent and will operate according to their own rationality in concern to given goals. Each division or unit of the company will react quickly that is vital for operating successfully in overseas ventures. In addition to this, organization and coordination will also become easy and speedy (Storey 2004). Hybrid Structure: Other substantial organization structure that can be used by CFC for managing its increasing size and customer base is hybrid structure. This structure will assist the company in adopting both the functional and divisional structure at the same level of management (Agarwal 1983). With the help of functional structure, the company will become able in deriving advantages of economies of scale, greater competence of managers and competence in resource utilization (Murphy Saal 1990). As well, with the help of divisional structure it will become able in concentrating on its services and markets. Matrix Structure: The last significant organizational structure that can be used by CFC for managing its overseas ventures is matrix organizational structure. It is type of departmentalization that superimposes a horizontal set of divisions reporting relationships onto a hierarchical functional structure. With the help of this structure the CFC can take advantages of decentralized decision making. In addition to this, it will facilitate the company in attaining strong project or product coordination (Griffin Moorhead 2009). With this structure the company will become able in quickly responding to changes and making a flexible use of human resources. With the discussion of all substantial organizational designs, it can be said that CFC can easily make use of above discussed structures. With the help of these advanced organizational designs the company will become able in managing its overseas ventures by analyzing goals, values, cultures, size, technology and tasks. Evaluation of Global Issues that affect CFC and its New Venture In the last few years, Nico has seen the evolution of outsourcing as a most important new way of doing business. He has also decided that CFC must grab this opportunity on an international scale. In this concern he has determined to open an outsourced IT support centre in the far east to take account of the lower wage structure in that part of the world. He also have plan to open an outsourced call centre of more or less 200 people working from the overseas territory on behalf of approximately 50 UK based companies. For its global ventures, Neo has discovered three countries of interest that are Vietnam, Cambodia and Philippines. Nico knows very little about these countries working practices and environment that can negatively affect its operations. For handling with these global issues, it is essential that the company take into account existing market forces, barriers to trade and related aspects. Nowadays more and more countries are adopting and signing different agreements so that they can operate without any limits or constraints in foreign locations. The concept of free economy has emerged with the evolution of aspects like protectionism, trading blocs (EU, NAFTA etc) and importation quotas and import duties. By analyzing all these aspects and benefits limitations of free market, CFC can effectively enter the selected foreign countries (Pride, Hughes Kapoor 2009). Protectionism: It is the economic policy that limits trade between states with the use of techniques like tariffs on imported goods, protective quotas and a kind of other government ordinances. These constraints in this economic policy were planned to deter imports, and preclude foreign take-over of domestic markets and companies. This policy is intimately coordinated with anti-globalization (Hill 2008). It is a contrast to free trade that is still used in some nations but is been abolishing from last several years with increasing globalization. Trade Blocs: A trade bloc is a kind of intergovernmental placement that is mostly part of a regional intergovernmental organization. With these agreements regional impediments to trade like tarif

Use of Symbols and Symbolism in John Steinbecks The Chrysanthemums Ess

Use of Symbols and Symbolism in John Steinbeck's The Chrysanthemums  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚      John Steinbeck's short story "The Chrysanthemums" is about a proud, strong woman named Elisa Allen who feels frustrated with her present life. Her frustration stems from not having a child and from her husband's failure to admire her romantically as a woman. The only outlet for her frustration is her flower garden where she cultivates beautiful chrysanthemums. Steinbeck uses chrysanthemums as symbols of the inner-self of Elisa and of every woman. First, the chrysanthemums symbolize Elisa's children. She tends her garden and handles the chrysanthemums with love and care, just as she would handle her own children. Elisa is very protective of her flowers and places a wire fence around them; she makes sur... ...age, but her realization that her life is not going to change is crystallized when she sees the flowers thrown on the road. It devastates her completely to have to settle for such an unfulfilling life. Work Cited Steinbeck, John. "The Chrysanthemums." Literature: An Introduction to Fiction, Poetry, and Drama. Ed. X. J. Kennedy and Dana Gioia. 6th ed. New York: Harper Collins, 1995. 239-47.

Oliver Twist Essay

In ‘Oliver Twist’ Bill Sykes brings terror to the novel, which adds to the suspense and makes you want to read on. Bill Sykes is brutal which you soon realise when he delights in beating his dog or girlfriend, Nancy. Many novels of this time were full of such characters and Dickens, a playwright and an actor as well as a novelist, knew then well. The orphan Oliver Twist escapes from the workhouse by running away to London. Oliver is introduced to Fagin who trains him to be a thief and he is then taken on a burglary with Sykes, Oliver recovers from being shot in the burglary and Nancy nurses Sykes back to full health. Sykes kills Nancy, which has a terrible effect on him, and he later kills himself. Bill Sykes brings the real terror to the novel but he is also extremely unpredictable. Rarely he can seem quite reasonable and occasionally shows kindness to his dog and girlfriends, but generally he keeps everyone in fear of what he is going to do next. We see evidence of this when Fagin says, â€Å"You won’t be too violent Bill? † This statement shows that they have no trust in him. Bill Sykes also has a problem with alcohol, he drinks far too much, and this probably accounts for some of his unpredictable behaviour. We see evidence of his drinking problem when he says, â€Å"†¦ to prevent my standing treat for a pint of so†¦. † This shows that he thinks that he thinks drinking is a treat and does not himself think that he has a drinking problem. Bill Sykes us the archetypal Victorian villain. To be a real villain Sykes must show no compassion for anyone and we see that on many occasions. When Nancy has nursed him back to health, staying up for nights looking after him, he turns on her the moment he wakes up. This shows he is very ungrateful for any sympathy given to him. â€Å"Illness had not improved Mr Sykes’ temper, for as the girl raised him up and led him to a chair, he struck her †¦. † He is also quite ready to send Nancy out to work and possibly profit from what she does. From all of this we can gather further evidence that he is ungrateful for any help he received. Sykes treats his dog very badly, it receives regular kicks and is threatened constantly. At one time when he was going to escape he contemplates killing, â€Å"The dog, though. If any descriptions of him were out, it would not be forgotten that the dog was missing. † Sykes is a typical bully who shows no remorse for what he does to others. We see evidence of this when he takes Oliver on the burglary with him and does not care whether Oliver gets injured. Sykes has no respect for Fagin and you can tell this by the way he speaks to him. You can see Fagin is afraid of him but Fagin does like to have the last word. If Sykes does not get his own way he will turn to violence as we see with the arguments over Oliver, â€Å"†¦ looking sternly at him, and ostentatiously passing a pistol into a more convenient pocket. â€Å"That’s lucky for one of us. † This shows again Sykes is unpredictable and a bully and brings more tension. When Bill Sykes sees Fagin, Fagin changes the tone of his voice at once. Fagin is obviously afraid of the physical strength of Sykes but Sykes is still wary of Fagin.

Is the ACT Hard 9 Key Factors, Considered

Is the ACT Hard 9 Key Factors, Considered SAT / ACT Prep Online Guides and Tips The ACT is a nerve-wracking test considering the impact scores can have on college admissions prospects. But how hard is the ACT, really? It's intimidating, sure, but it's not as difficult as it seems. The material on the ACT becomes much less challenging if you're familiar with the structure of the test and the way questions are asked. In this article, I'll go over a few aspects of the ACT that tend to make it more or less difficult and provide essential tips on how to get past some of these obstacles and end up with a great score! Is the ACT Hard? At its core, the ACT tests relatively basic concepts, so you're unlikely to see any content that's totally unfamiliar to you. However, it can definitely be challenging depending on how much you prepare and how well you've learned the material in school. The English section tests grammatical and stylistic writing concepts that will be familiar to you based on your work in English classes in late middle school and early high school. The Math section doesn't test any material past the concepts you would have learned in algebra II and trigonometry, classes which many students have taken by the end of their sophomore year of high school. The passages in the Reading section are written at approximately the reading level of an average college freshman, but they don't contain obscure vocabulary words, and most questions rely on basic reading comprehension. The Science section deals with evaluating experimental scenarios and scientific theories that you'll most likely be able to understand if you've taken a high school science class with a lab component. The main challenge of the ACT for most students is its format. You have a very limited amount of time to answer each question, and there's a significant amount of reading involved. You'll need to overcome the challenges presented by the structure of the test before you can successfully apply your knowledge of the content. 5 Factors That Make the ACT Harder There are a lot of considerations that go into answering the question "Is the ACT hard?" Here I'll list a few different qualities of the ACT that might make it difficult for you. #1: Time Pressure The ACT is challenging for many students because of its strict time constraints. On the English section, you'll answer 75 questions in just 45 minutes, which is equal to a mere 36 seconds per question. On the Math section, you'll answer 60 questions in 60 minutes, so you have a minute at most for each question. On both Reading and Science, you'll answer 40 questions in 35 minutes, meaning you get 52 seconds per question. There's no time to linger on difficult questions, so if you're not used to the test, you may run out of time before finishing one or more sections. #2: Lots of Reading The ACT includes long passages in both the English and Reading sections, and the Science section also requires quite a bit of reading (especially for conflicting viewpoints questions). There are four passages (or pairs of passages) on the Reading section that accompany sets of questions. Often, the questions don't include line numbers for reference. This can mean spending lots of time searching through the passage to find the information you need. If you don't have a good reading strategy in place before the test, you might not get to the end of the section. #3: High-Stress Environment As I've mentioned, the ACT is a high-pressure test because it can strongly impact your chances of admission to competitive colleges. Even on a test that doesn't contain extraordinarily challenging content, stress can make everything seem significantly more intimidating. If you're too worried about making mistakes, you might get distracted by anxiety and inadvertently make the test more difficult for yourself. #4: Unfamiliar Data Some students find the science section of the ACT difficult because it asks you to interpret unfamiliar data from types of experiments that you might not have encountered before in class. It can be a challenge to interpret these charts and graphs if the units are in an unusual form or are measurements of things that you can't easily visualize. Here's an example: At first glance, graphs like this are somewhat unintelligible (watts per meters squared? wut?). You can learn to get past all this to locate the core information that you need to answer the questions, but it's tough if you're not used to the test. #5: Some Challenging Math Concepts (And No Formulas) The ACT tests the occasional advanced math concept that you may not have learned yet, including a few questions on basic trigonometry. To make it even tougher, the ACT doesn't provide commonly used math formulas at the beginning of the section like the SAT does. You'll have to rely mostly on memory in that area. However, questions will provide you with the formulas you need to find the solution if they happen to be a bit more obscure. For example, this is always the case when trigonometric identities are involved. You'll probably encounter the less exciting type of pi(e) on the ACT. 4 Factors That Make the ACT Easier Now let's look at the other side. Here are a few factors that might make the ACT an easier test compared to other exams you've taken in school. #1: Consistent Structure and Question Formats The ACT is always structured the same way with the same types of questions. This standardization means it's relatively easy to predict what will show up on the test in what order. It's much simpler to prepare for a test when you know exactly what to expect. Every time you take the ACT, you can be positive that the order of the sections is English, Math, Reading, Science, and optional Writing. Within the Reading section, you can even predict the order of the passages in terms of subject matter. You can learn more about the structure of each section in this comprehensive guide to the format of the test. #2: All Multiple Choice Every question on the ACT (minus the optional essay) is multiple choice. Unlike the SAT, there are no grid-in questions on ACT Math. That means that you don't have to come up with any answers independently. All the correct answers are right there in front of you! You just need to figure out how to eliminate the choices that don't make sense. #3: ACT Science Isn't Really That Sciencey Some people are very intimidated by the Science section of the ACT because it seems like you must have to know a bunch of obscure scientific facts to do well. That's not true! The science section is just reading comprehension and data interpretation combined with basic logic. You don't need to dive back into your notes on electrochemistry or memorize physics formulas. Even if you lack confidence in your academic skills in scientific domains, you can learn to do very well on this section with some practice. #4: No Guessing Penalty The ACT doesn't take points off for incorrect answers, so leaving a question blank and answering it incorrectly are functionally the same. This means that you don't have to agonize over whether or not it's worth it to fill in a random answer bubble on a question that totally stumps you. Provide an answer for every question just in case you get lucky! Commit whatever guessing infractions you want - there's no penalty! 3 Tips to Make the ACT Easier for You I just went over a bunch of fixed qualities of the ACT that might make it easier or harder, but the biggest factor in determining how easy the test will be for you is how you choose to approach it. Here are some tips that will help you manage the challenges of the ACT and reduce anxiety surrounding such an important test. Tip 1: Take Lots of Practice Tests The number one way to make the ACT easier for yourself is by taking practice tests at frequent intervals as a part of your studying. Practice tests help you get used to the format and timing of the real test so you can avoid any unpleasant surprises. As I've said, time pressure is one of the hardest aspects of the ACT, so if you learn to manage your time well on practice tests, you'll already be much closer to a high score. Practice tests also get you accustomed to aspects of the test that appear scary at first glance but are totally manageable once you understand the format better. Tip 2: Stay Calm Test anxiety is the downfall of many students who are otherwise perfectly capable of understanding the content of the ACT. It's important to find strategies to combat the stress that accompanies these high-pressure exams so it doesn't ruin your performance. Mindfulness techniques can be helpful during the test, and being aware of the structure of the exam before you go into it can also alleviate stress. Keep in mind that your fate in life will not be determined by your score on this one exam. You'll have multiple chances to take it as long as you start the process early enough. Tip 3: Make Note of Your Mistakes Always pay attention to where you encounter errors on practice tests so you can focus on improving in those areas. The more time you devote to addressing content areas that you don't understand, the more comfortable you'll feel on test day. If you keep taking practice tests without attending to your mistakes, you'll have the format of the ACT memorized, but you won't fix any of the deeper issues that are causing you to lose points. Ultimately, if you want to gain confidence, you need to take the time to understand where you went wrong and how you can change your strategy to avoid the same mistakes on test day. You should learn to catch yourself before you start taking an incorrect route to find the solution to a question. Bottom Line: How Hard Is the ACT? The first time you take an ACT practice test, you might perceive the difficulty level as challenging, average, or relatively easy depending on your educational background. The ACT may be more difficult for people who have a hard time reading quickly or who aren't as comfortable with some of the advanced math concepts. However, it's always possible to improve your performance by continuing to practice questions that are tough for you, getting more comfortable with the timing and structure of the test, and learning to relax even when things aren't going perfectly. What's Next? For more tips, check out this article on when you should start studying for the ACT based on your goals. Thinking about getting a review book to prepare for the ACT? Read our review of the official ACT prep guide Aiming for a super high score on the ACT? Take a look at this article on how to earn a perfect or close to perfect score with the help of some expert study strategies. Want to improve your ACT score by 4+ points? Download our free guide to the top 5 strategies you need in your prep to improve your ACT score dramatically.

The collision of electronic information systems in transition with patients in transition

The collision of electronic information systems in transition with patients in transition Executive summary Josephine McMurray, Elizabeth Hicks, Helen Johnson, Jacobi Elliott, Kerry Byrne, and Paul Stolee authored the article, Trying to find information is like hating yourself every day: The collision of electronic information systems in transition with patients in transition, which was published in the Journal of Health Informatics.Advertising We will write a custom report sample on The collision of electronic information systems in transition with patients in transition specifically for you for only $16.05 $11/page Learn More The article examines the implication of electronic medical records (EMR) coupled with parallel paper medical records on continuity of information in healthcare facilities. In conducting the research, ethnographic field study was deployed as the main methodology for gathering data. The article draws its inferences from results of three main case studies involving older patients having hip fracture and transitioning within h ealthcare settings (McMurray et al., 2012, p.218). The focus of the article is on the implication of the electronic information systems (EIS) interoperability on the capacity of healthcare providers to communicate amongst themselves and the implication of digital records on transformation of information handling and processing systems within healthcare facilities. According to the article, enhancement of continuity is an important outcome for healthcare information system. In this context, healthcare records are pivotal in enabling care providers to exchange patients’ clinical coupled with demographic information, which is necessary to effect appropriate treatment (McMurray et al., 2012, p.218). Records also aid in accountability transfers, regulatory compliance, and provide means for following up quality of the healthcare delivered. While the authors find documentation important in this extent, they argue that documentation culture consumes 25 percent of the caregiversâ€⠄¢ time in a healthcare facility (McMurray et al., 2012, p.218). Improving the documentation process can aid in improvising of more accurate, better quality, secure, and speedy, and even well coordinated healthcare.Advertising Looking for report on health medicine? Let's see if we can help you! Get your first paper with 15% OFF Learn More According to the authors, the above qualities cannot be achieved via paper-based approaches to documentation of healthcare information. This assertion underlines the importance of transitioning to EMR healthcare information systems. However, the authors report low adoption rates of the EMRs in clinical settings in Canada. They also argue that care providers encounter challenges in sending and receiving information that has been digitized. Consequently, â€Å"the adoption of digitized documentation is inconsistent across healthcare sectors and interoperability between information systems is limited† (McMurray et al., 2012, p.220). Based on this realization, the researchers found it sound to conduct a research to investigate the effects of electronic and paper information parallel system in fostering efforts of communication exchange during the process of transitioning of patient within the healthcare continuum. The authors present two main viewpoints. First, â€Å"partial interoperability between electronic information systems has complicated not eased the ability to communicate across settings and disciplines† (McMurray et al., 2012, p.223). The authors note that during the period, which the research was conducted, Canada had strategically focused on investment in EMRs. Nevertheless, most cases studied showed that transitional information was transferred through paper-based means of communication. Despite the availability of EMRs in the three cases considered in the research, healthcare providers exchanged transitional information through fax or transportation of paper-based information during transferring of the patient across the care continuum. In particular, the authors exemplify this view point by claiming that in the case involving Mrs. Robertson, two facilities sharing ownership cared for her, but even though EMR was available to the two care facilities, â€Å"staff continued to fax requests for admission and discharge documentation to each other and maintained separate paper charts† (McMurray et al., 2012, p.224).Advertising We will write a custom report sample on The collision of electronic information systems in transition with patients in transition specifically for you for only $16.05 $11/page Learn More Indeed, clinical care workers entered Mrs. Robertson’s information manually to an external database in each of the care facilities. For long-term care facilities, none of them deployed EMRs. Documentation of information is meant to ensure ease of accessibility and retrieval of information. However, in the second v iewpoint of the authors, â€Å"while some information is more accessible and communications streamlined, parallel paper and electronic systems have added to the front line providers burden, not eased it† (McMurray et al., 2012, p.224). In this context, the article findings indicate that even if information were recorded previously in the EMR system, front care providers raised concerns that they encountered challenges in accessing and retrieving the information. These challenges were attributed to poor user interfaces and unavailability of records’ summaries. However, physicians argued that although it was difficult to retrieve and access information from their places of residence in the EMR system, when such information was retrieved, it helped them in cross communication. As part of analysis of the article, it is important to note that transition from one information system to another involves organizational change. Before people can learn and acquire experience in t he use of new information system, confusions and problems are anticipated. Therefore, it is not surprising that people would deploy paper-based approaches in the documentation process while EMRs were available. From the context of the second viewpoint of the authors, any digital information system has challenges articulated to its design. Some of these challenges include poor design of user interfaces and interactivity. When such challenges are encountered, the solution encompasses system redesign and improvement to meet user requirements, but not scraping it. In my opinion, the article is relevant to management information systems for Public and Health Administration. It provides possible area of improving EMRs to meet the needs of the users and deliver the outcomes for which the system is installed within a healthcare facility.Advertising Looking for report on health medicine? Let's see if we can help you! Get your first paper with 15% OFF Learn More Reference McMurray, J., Hicks, E., Johnson, H., Elliott, J., Byrne, K., Stolee, P. (2012). Trying to find information is like hating yourself every day: The collision of electronic information systems in transition with patients in transition. Health Informatics Journal, 19(3), 218-232.