Tuesday, January 28, 2020
Politics and Accounting Standards Essay Example for Free
Politics and Accounting Standards Essay Politics and Accounting Standards Introduction            The growth of an enterprise is very important for both internal and external stakeholders. It can be expressed by showing the true and fair view of a company using the financial reports that shows the actual capital allocation of the enterprise. Therefore, financial accounting is very important and it enhances the success of the business. In this context, both the definition and the body that is involved in setting the standard are important in helping to understand clearly the meaning of financial accounting. Financial accounting is the process of preparing and establishing a report on the financial information of an enterprise (.Ball, Ray, 2006).            It also shows the true and fair view of the financial statements which are cash flow statement, balance sheet and profit and loss statement. These statements are very essential for the enterprise stakeholders. Financial accounting takes into consideration the management of the business for example, its assets, liabilities and capital(Ball, Ray, 2006). Furthermore, it states its real capital and debts to enable the enterprise stakeholder evaluate the performance of the business. The true and fair view of financial accounting can be achieved by following the rules and policies that govern the people setting the rules.            The rules or rather the standards apply internationally to help ensure that the accounting standards used across the world are uniform (Armstrong, et al 2010). These are the professional regulatory bodies that are responsible for setting the standards for example the International Accounting Standards (IAS), and International Financial Reporting Standards (IFRS) among others. The board that is responsible for setting the standard is the Financial Accounting Standard Board (FASB) among other interested parties(Ball, Ray, 2006). FASB formulates a process that is followed so that it can be able to help in setting new accounting standards. First, the board has a duty to set up a committee that prepares an outline of the task at hand. Secondly, the committee board prepares the objectives for the board comments.            After this, the board gives its view on the task outline and then passes it to the committee which in return prepares a discussion paper which entails the committee’s statement of the application proposal standards. Eventually, the committee also obtains views from interested parties and after their view is in the favor of the principle, they go ahead in drafting an exposure and the draft is then published as the IFRS(Ball, Ray, 2006).            In order, for these standard to be effective and efficient, they are categorized into varies group therefore making it easy for the accounting. The IAS is classified into many classes for example,under the IAS 10, events that occur after the balance sheet date,should not be part of the balance sheet. Every company is required to prepare a balance sheet at the end of the year. Therefore, any entity trying to avoid or present a misleading financial statement is liable and the board provides the contents of the balance sheet. Under the IAS 19, which talks about retirement benefit costs, and the board takes into consideration the accounting of the benefits accruing from the retirement (Aboody, et a l 2004).            The board has a duty to see that no corruption is being practiced and therefore, companies are required to show the true and fair value in terms of the retirement costs. This prevents corruption of the prominent politicians. The IAS 17talks about accounting for leases. It is very important for a company to account for every lease taken since it is a liability. This is made possible because the board provides policies and procedures to be followed in disclosure of the account on lease. Lease is an expense for the company and if not accounted for can lead to false financial statements (Aboody, et a l, 2004).Furthermore, IAS 33talks about earnings per share,whereby all the companies are required to show their profit in terms of profit earned from share. The earning per share is used to the performance of the company which is based on the shares. It is also important for the shareholders.            Most company and influential parties do not support this standard and therefore it is criticized.IAS 39 is a financial standard which requires that accounting should have recognitionand measurement of assets as well as liabilities. It states that all the entities should take into account of all the assets, liabilities and equity of the business and no relevant material should be left out(Ball, Ray, 2006). The profit, loss and capital should be stated as they appear without any alterations. The IFRS is also divided into classes but in this context, the IFRS 13 is considered. This standard is concerned with the true and fair value of an entity (Armstrong, et al 2010). Itrequires all the entities to state real profit or loss incurred in their financial reports. However, accounting is not sparedfrom criticism and the board experience pressure for different organization that are not in agreement with the standard. Political pressure is one of t he areas whichexert pressure on the board. The standards of accounting requires the organizations or the enterprise to show the true and fair view of the performance of the business (.Ball, Ray,2006).Due to this, most business operating under a loss stand a chance to be wound up and there will be no investors interested in the business.            The political pressure that is experienced under the various accounting standards is in terms of legislations which they politicians enact. Some of the legislations contradict the accounting standards whereby businesses in a certain country are required to follow certain regulations in addition to the IAS and IFRS. This creates pressure on companies to try and evade the application of the IAS and IFRS in their reporting. The accounting standards are set to helpindicate the real performance of the business and therefore many world trading entities are affected by this since the competitors are in watch (.Ball, Ray,2006). The amendment of the standard brought about the reclassification of the IFRS and IAS so as to favor the entities that make losses in trading.            It has been noted that politicians own businesses across the world and closely monitor their businesses the best way they can so that they can make more profits (Armstrong, et al 2010). Therefore, considering that the politicians have the capacity of adjusting the laws on businesses as they deem right, there is likelihood that the policies that they will formulate do not match or support the accounting standards available (.Ball, Ray,2006). What this means is that there will be a lot of pressure on the accounting standards in terms of trying to ensure that the politician-owned businesses adhere to the reporting standards.            The other way through which politics may put pressure on the various accounting standards listed and discussed above is through the selection of the board members to the FASB (Armstrong, et al 2010). Politicians using their powers on formulation of policies may be inclined to have people in the board that will take care of their personal interest by formulating standards which are not supportive of all businesses equally. This means that whenever there are new standards to be introduced which can be beneficial to the whole business world, the politicians will always influence the final decisions that the board will make pertaining to the new accounting standards (Aboody, et a l 2004).            The other issue which is part of the political pressure and interference with the standards is that of political incentives, whichthe major reason for the reclassification of the accounting standards. It is to be noted that the growth of country’seconomy is important but in case where the growth does not reflect the true economic situation, the information shown does not indicate the true and fair values of economy (Aboody, et a l 2004). The same case applies to banks which hold government equity and using the reclassified standards will not show the true and fair value. Therefore, when politicians offer incentives to the board members through corrupt ways and with intentions of promoting their interests, the pressure on the standards continue to mount hence prevents the proper application of the standards.            Therefore, in conclusion on the effects of politics and politicians on the formulation and application of the financial accounting standards, it can be noted that there is need to prevent political interference on the FASB as well as other regulatory bodies which formulate the standards. The accounting standards are quite important in ensuring proper and accurate information which can be relied upon is produced and reported by companies and organizations. References Aboody, D., M. E. Barth, and R. Kasznik. 2004. Firms’ voluntary recognition of stockbasedCompensation expense. Journal of Accounting Research 42: 123-160. Armstrong, Christopher S./Barth, Mary E./Jagolinzer, Alan D./Riedl, Edward J. (2010). Market Reaction to the Adoption of IFRS in Europe.The Accounting Review, Vol. 85, No. 1, pp.31–61. Ball, Ray (2006). International Financial Reporting Standards (IFRS): pros and cons for investors. Accounting and Business Research, Vol. 36, Special Issue, pp. 5–27. Source document
Monday, January 20, 2020
A Comparison of London and Ozymandias :: Poems Poetry Civilization Essays
A Comparison of London and Ozymandias A theme of Mortality lives in both poems. In "London" Blake talks about the death and suffering of people, and in "Ozymandias" Shelley talks about the death of a civilisation. A sense of someone dominating, someone with greater power occurs in both poems. In "London" the rich have this upper hand against the poor, in "Ozymandias" this great leader is said to have this strength over his enemies and his own people. In "Ozymandias" Shelley writes about a fallen empire, a civilisation that must have gone down hill because now there is no sign of it. In "London" Blake tells us that the poorer people of this city are going through a bad time, their empire has fallen like Ozymandias's empire, but in this case London has not collapsed. Blake writes about how London had drifted to a time of poverty and disease. Moods ----- The two poems, both give a feeling of depression and melancholy to the reader. Shelley uses different words to create this effect, while Blake writes how everyone is sad and weak. Great arrogance is shown in both poems. In "Ozymandias" the king shows that he is arrogant, he describes himself on the pedestal, he talks about how great and powerful ruler he is. In "London" the arrogance of the church compares to this. In "London" the rich betray the poor, because they have put their name on everything. In "Ozymandias" the sculptor betrays the king when the statue is being made. Styles ------ Both poems have phonological techniques like alliteration, rhyme and onomatopoeia. They are both concisely written and although short in length are packed with layers of meaning and content. Strong modifiers are used throughout both poems, which creates tension. Good adjectives also help with imagery give a clear mental picture; for example when Ozymandias's face is described, with its sneer and frown. Differences ----------- Themes ------ In "Ozymandias" Shelley writes about an ancient civilisation. The poem is written in past tense. Blake writes about the London he is witnessing; "London" is written in the present tense. An obvious difference is that Blake writes about a civilisation, which is in existence while Shelley writes about a civilisation that has been disintegrated. The strength of authority is maintained in "London" while in "Ozymandias" it has dissipated. Moods ----- "Ozymandias" fills you with mystery about where the traveller came
Sunday, January 12, 2020
Many MNEs may want to start operations in some foreign country Essay
Establishment manner means that the MNE starts its operations from abrasion in the foreign state normally through a entirely owned subordinate where as in entry manner ; this can be accomplished by a subordinate or through partnership with a local party which involves shared ownership. In this survey the writers examine the consequence of same variables on both these picks available to a company. They do it through a series of hypotheses. The first hypothesis measures the positive consequence of greater institutional promotion on the pick that the company makes. Institutional promotion is defined in the survey as refering to alterations in formal establishments over a period of clip. It is argued that regulative forces are likely to be a large influence on a determination that an MNE makes with respect to its constitution or entry pick. Regulative forces or instead Regulative forces as described in the survey are non limited to Torahs and ordinances merely but besides include political and other societal factors. The writers conclude that institutional promotion has a positive consequence on the pick to set up a subordinate with shared ownership. The 2nd hypothesis postulated by the authors’ measures the chairing consequence of institutional promotion on the inclination of a technologically intense house to either travel for constitution manner or entry manner. It is argued that houses which are engineering intense should travel for constitution manner because their competitory advantages are embedded in their labour force accomplishments and organisational patterns so it is more efficient for them to get down from abrasion. They should engage and develop the local labour force. Furthermore in instance of a joint venture or portion ownership of the subordinate. protecting the rational rights can be an issue. Protection of such rights is dependent on the judicial system. In passage economic sciences where the bench is corrupt and rational belongings rights are non respected. an MNE would be loath to reassign its engineering. Therefore writers conclude that house with advanced proprietary engineering are likely to prefer establishment manner but degree of institutional promotion has a positive moderating consequence on such a house traveling for entry manner. The 3rd hypothesis measures the chairing consequence of institutional promotion on a multidomestic MNE to either travel for constitution of entry manner. Multidomestic houses are defined as those which pursue multidomestic scheme and want to set up a sustainable local market presence. For such MNEs geting a local company is a more attractive option because such acquisition can supply them with local trade names. market cognition. distribution channels and web relationships with the host country’s other concerns and authorities. How the restructuring and realignment of the acquired entity can be really ambitious. The houses in the host state are likely to be following a different paradigm. But on the other manus if an MNE goes for shared ownership or entry manner. it can carry through more without confronting these troubles. It is argues that a multidomestic MNE requires lesser control on the subordinate. If this is so so subordinates in the host state can hold considerable freedom and run on their ain to the full leveraging their local expertness. Hence it is concluded institutional promotion has a positive moderating consequence on a multidomestic MNE to travel for entry manner. Finally the writers have used an international study to garner the information to back up their findings. The study consists of a questionnaire with 33 unfastened and near complete inquiries. Furthermore the MNE’s latest constitution manner pick or entry manner pick has been taken as the dependant variable. Review This survey is no uncertainty a valuable plus for directors and pupils likewise in analyzing the behaviour of MNEs in doing their picks when it comes to Foreign Direct Investment but however it has a few defects and failings. But the biggest defect of this survey is the range. The writers have chiefly taken a sample of European MNEs. And the so called economic systems in passage are fundamentally east European states which were one time under the Fe drape. First we need to see the fact that Europeans MNEs may be really different from Nipponese or American MNEs and so forth. The constitution or entry manner pick for Nipponese houses may be dependent on or moderated by variables other than the 1s discussed here. Similarly an MNE whether European or Nipponese may make up one's mind to put in some state in Central Asia or North Africa or even South Asia. The market conditions in these states are really different from those of the passage economic systems discussed by the writers. This means that the findings in this survey are non universally applicable. Nevertheless it is a valuable add-on to our cognition sing MNE behaviour in doing Foreign Direct Investment determinations. But for any research worker seeking to confer with this survey. it is really of import to maintain the above mentioned restrictions in head.
Saturday, January 4, 2020
Factors in the Evolution to Bipedalism - 766 Words
The evolution of the human species has significantly changed during the course of evolution to what is now the modern day Homo sapiens. Some of the changes that have occurred through the evolution are bipedalism, changes in body features such as brow ridges, and an increase in brain capacity. Bipedalism is a form of locomotion that is on two feet and is the one factor that separates humans from other forms of hominoids. The first bipeds are believed to have lived in Africa between 5 and 8 million years ago. (Haviland et al. 2011, pg. 78). The evolution to bipedalism resulted in various anatomical changes. To be able to balance on two legs, the skull must be centered over the spinal column. As bipeds evolved, the foramen†¦show more content†¦Heavy lifting causes a strain on the back and can lead to back problems. Other back problems such as scoliosis, herniated disks, and pinched nerves are all results of bipedalism. (Ackerman). The evolution to bipedalism resulted in the narrowing of the pelvis. This narrowing was necessary for locomotion, but it increased the difficulty of childbirth for women. In other primates, birth is relatively easy. Babies come through a straight birth canal and are born facing their mothers. The mother can pull the baby out during birth without causing injury to spine of the baby. The human female pelvis is now smaller and babies are forced to be born facing away from the mother. Assistance is needed during birth to prevent injury to the babys spine. The birth canal is curved and there is barely enough room for the passing of the head and shoulders. (Ackerman). Three adaptive characteristics of early humans that are not present in modern humans are heavy brow ridges, sagittal crests, and facial prognathism. All of these characteristics were influenced by the change in diet of humans. Heavy brow ridges, or supraorbital ridges, are the bony ridges located above the eyes on primates. It is believed that early man had very pronounced brow ridges to reinforce the facial structure during chewing. As man evolved, their diets changed to softer foodsShow MoreRelatedBipedalism : What Is That All About?1114 Words  | 5 Pages Bipedalism: What is that all about? The issue at hand in these articles is the evidence for the development of bipedalism in hominids. Bipedalism seems to be one of the most important factors in the evolution of mankind and therefore the surrounding debate is rife with various hypotheses as to the background of this development in hominid evolutionary history. Although each of the three articles reviewed in this essay make different arguments, each seem to be cogent in their own way and do seemRead MoreWhy Do Primates Free Their Hands? How Is Walking Upright More Energy Efficient?806 Words  | 4 Pagesmoving with only two legs is the result of millions of years of evolution and adaptation. During the process of human evolution, the appearance of bipedalism, which describes the terrestrial locomotion where animals move with their rear limbs in the form of walking, hopping or running, is considered as one of the major steps that sets Hominin group apart from other primates. Even though the transition from quadrupeda lism to bipedalism has major drawbacks that sacrifice the flexibility and preventRead MoreHominids Development of Bipedalism Essay616 Words  | 3 PagesHominids Development of Bipedalism Approximately 4 million years ago a wonderful evolutionary phenomenon was happening in Africa. Early hominids, man’s ancestors, were beginning a giant leap in their evolution. These hominids were moving out of the forest and beginning to walk upright, out on the open plains (Fagan, 98). This change from quadrupedalism was the most significant adaptation that ever happened to these early hominids. It caused many adaptations that make man what he is todayRead MoreHuman Evolutionary Traits and Behjaviours: Bipedalism Essay1319 Words  | 6 Pagestraits and behaviours, the exact forces that specifically promoted bipedalism are still difficult to determine. Controversy lies with the suggestion that bipedalism arose from as early as 5.8 million years ago, in the late Miocene era, but it can be scientifically defined that the first definite bipedal hominin was the Australopithecus anamensis in the Pliocene. These findings suggest that at 3.9-2.9 million years ago, bipedalism was evolving; certain conditions acted as influences upon the homininsRead MoreAnth106 Lit Review1309 Words  | 6 PagesLiterature Review Main Article: The Advantage of Standing Up to fight and the Evolution of Habitual Bipedalism in Hominins Citation: Carrier, D.R. 2011, The Advantage of Standing Up to fight and the Evolution of Habitual Bipedalism in Hominins, PloS ONE, vol. 6, no. 5, May, viewed 5 September 2012, Web of Science Database. The aim of this study was to determine whether assuming a bipedal stance, will provide an advantage for striking with forelimbs. Results were determined through humanRead MoreConflict Between The Multiple Theories Of Bipedalism2156 Words  | 9 PagesConflict Between the Multiple Theories of Bipedalism Why early hominins, the evolutionary ancestors of Homo sapiens, originally became bipedal is a source of contention among many physical anthropologists both today and in the past. There are multiple theories and models that have surfaced over the years to explain why these early hominins evolved to become bipedal, but because there is limited fossil evidence and very few intact pelvises from that time period to study, it’s difficult to conclusivelyRead MoreSpeech : A Comparison Between Human And Primates1660 Words  | 7 Pagescomes to evolution, humans evolved from apes. The first putative hominin is Sahelanthropus tchadensis from Chad, which is about 6-7 million years old, as noted by Michel Brunet among others in their 2002 paper in Nature, while our closest living relative to the Homo sapiens is the chimpanzee, yet chimps do not have speech which indicates some degree of genetic divergence. Molecular data suggest that humans and chimpanzees diverged from a common an cestor ~5-7 million years ago. Another factor supportingRead MoreEssay on The History of Human Evolution1517 Words  | 7 PagesThe History of Human Evolution By definition, human evolution is the development, both biological and cultural, of humans. Human ideologies of how the evolution of man came to be is determined by cultural beliefs that have been adopted by societies going back as far as the Upper Paleolithic era, some 40,000 years ago. Through the study of paleoanthropology, we have come to determine that a human is any member belonging to the species of Homo Sapiens. Paleoanthropologists, while studyingRead MoreComplication Of Birth.1575 Words  | 7 Pagesreceived. The amount of nutrition received is the biggest factor with regard to the change in brain size. Therefore, the sufficient nutrition increased the size of the brain. In result, the increased brain size created advanced cognitive functions. Culture nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; In chapter eight quot;Early Hominisquot; of the textbook, quot;Introduction to Cultural Anthropologyquot; by Conrad Phillip Kottak discussed bipedalism traditionally has been viewed as an adaptation tobopenRead MoreUner Tan Syndrome: The Ulas Family Essay1653 Words  | 7 Pagesthis family could shed some light on human evolution, and the transition into bipedalism. Initially, the physical manifestations of the syndrome seemed to support this claim. The first hint was the fact that the affected individuals walked with what is described as a diagonal-sequence quadrupedal gait. This is an unusual footfall pattern for mammals, but it is common in ancestral primates (Lemelin, Schmitt, and Cartmill 423). The habitual bipedalism that is observed in modern humans is less
Friday, December 27, 2019
How It Feels to Be Colored Me, by Zora Neale Hurston
Zora Neal Hurston was an author that was widely acclaimed. A genius of the South, novelist, folklorist, anthropologistâ€â€those are the words that Alice Walker had inscribed on the tombstone of Zora Neale Hurston. In this personal essay (first published in The World Tomorrow, May 1928), the acclaimed author of Their Eyes Were Watching God explores her own sense of identity through a series of memorable examples and striking metaphors. As Sharon L. Jones has observed, Hurstons essay challenges the reader to consider race and ethnicity as fluid, evolving, and dynamic rather than static and unchanging -Critical Companion to Zora Neale Hurston, 2009 How It Feels to Be Colored Me by Zora Neale Hurston 1 I am colored but I offer nothing in the way of extenuating circumstances except the fact that I am the only Negro in the United States whose grandfather on the mothers side was not an Indian chief. 2 I remember the very day that I became colored. Up to my thirteenth year I lived in the little Negro town of Eatonville, Florida. It is exclusively a colored town. The only white people I knew passed through the town going to or coming from Orlando. The native whites rode dusty horses, the Northern tourists chugged down the sandy village road in automobiles. The town knew the Southerners and never stopped cane chewing when they passed. But the Northerners were something else again. They were peered at cautiously from behind curtains by the timid. The more venturesome would come out on the porch to watch them go past and got just as much pleasure out of the tourists as the tourists got out of the village. 3 The front porch might seem a daring place for the rest of the town, but it was a gallery seat for me. My favorite place was atop the gatepost. Proscenium box for a born first-nighter. Not only did I enjoy the show, but I didnt mind the actors knowing that I liked it. I usually spoke to them in passing. Id wave at them and when they returned my salute, I would say something like this: Howdy-do-well-I-thank-you-where-you-goin? Usually, automobile or the horse paused at this, and after a queer exchange of compliments, I would probably go a piece of the way with them, as we say in farthest Florida. If one of my family happened to come to the front in time to see me, of course, negotiations would be rudely broken off. But even so, it is clear that I was the first welcome-to-our-state Floridian, and I hope the Miami Chamber of Commerce will please take notice. 4 During this period, white people differed from colored to me only in that they rode through town and never lived there. They liked to hear me speak pieces and sing and wanted to see me dance the parse-me-la, and gave me generously of their small silver for doing these things, which seemed strange to me for I wanted to do them so much that I needed bribing to stop, only they didnt know it. The colored people gave no dimes. They deplored any joyful tendencies in me, but I was their Zora nevertheless. I belonged to them, to the nearby hotels, to the countyâ€â€everybodys Zora. 5 But changes came in the family when I was thirteen, and I was sent to school in Jacksonville. I left Eatonville, the town of the oleanders, a Zora. When I disembarked from the riverboat at Jacksonville, she was no more. It seemed that I had suffered a sea change. I was not Zora of Orange County anymore, I was now a little colored girl. I found it out in certain ways. In my heart as well as in the mirror, I became a fast brownâ€â€warranted not to rub nor run. 6 But I am not tragically colored. There is no great sorrow dammed up in my soul, nor lurking behind my eyes. I do not mind at all. I do not belong to the sobbing school of Negrohood who hold that nature somehow has given them a lowdown dirty deal and whose feelings are all but about it. Even in the helter-skelter skirmish that is my life, I have seen that the world is to the strong regardless of a little pigmentation more of less. No, I do not weep at the worldâ€â€I am too busy sharpening my oyster knife. 7 Someone is always at my elbow reminding me that I am the granddaughter of slaves. It fails to register depression with me. Slavery is sixty years in the past. The operation was successful and the patient is doing well, thank you. The terrible struggle that made me an American out of a potential slave said On the line! The Reconstruction said Get set! and the generation before said Go! I am off to a flying start and I must not halt in the stretch to look behind and weep. Slavery is the price I paid for civilization, and the choice was not with me. It is a bully adventure and worth all that I have paid through my ancestors for it. No one on earth ever had a greater chance for glory. The world to be won and nothing to be lost. It is thrilling to thinkâ€â€to know that for any act of mine, I shall get twice as much praise or twice as much blame. It is quite exciting to hold the center of the national stage, with the spectators not knowing whether to laugh or to weep. 8 The position of my white neighbor is much more difficult. No brown specter pulls up a chair beside me when I sit down to eat. No dark ghost thrusts its leg against mine in bed. The game of keeping what one has is never so exciting as the game of getting. 9 I do not always feel colored. Even now I often achieve the unconscious Zora of Eatonville before the Hegira. I feel most colored when I am thrown against a sharp white background. 10 For instance at Barnard. Beside the waters of the Hudson I feel my race. Among the thousand white persons, I am a dark rock surged upon, and overswept, but through it all, I remain myself. When covered by the waters, I am; and the ebb but reveals me again. 11 Sometimes it is the other way around. A white person is set down in our midst, but the contrast is just as sharp for me. For instance, when I sit in the drafty basement that is The New World Cabaret with a white person, my color comes. We enter chatting about any little nothing that we have in common and are seated by the jazz waiters. In the abrupt way that jazz orchestras have, this one plunges into a number. It loses no time in circumlocutions, but gets right down to business. It constricts the thorax and splits the heart with its tempo and narcotic harmonies. This orchestra grows rambunctious, rears on its hind legs and attacks the tonal veil with primitive fury, rending it, clawing it until it breaks through to the jungle beyond. I follow those heathenâ€â€follow them exultingly. I dance wildly inside myself; I yell within, I whoop; I shake my assegai above my head, I hurl it true to the mark yeeeeooww! I am in the jungle and living in the jungle way. My face is painted re d and yellow and my body is painted blue. My pulse is throbbing like a war drum. I want to slaughter somethingâ€â€give pain, give death to what, I do not know. But the piece ends. The men of the orchestra wipe their lips and rest their fingers. I creep back slowly to the veneer we call civilization with the last tone and find the white friend sitting motionless in his seat, smoking calmly. 12 Good music they have here, he remarks, drumming the table with his fingertips. 13 Music. The great blobs of purple and red emotion have not touched him. He has only heard what I felt. He is far away and I see him but dimly across the ocean and the continent that have fallen between us. He is so pale with his whiteness then and I am so colored. 14 At certain times I have no race, I am me. When I set my hat at a certain angle and saunter down Seventh Avenue, Harlem City, feeling as snooty as the lions in front of the Forty-Second Street Library, for instance. So far as my feelings are concerned, Peggy Hopkins Joyce on the Boule Mich with her gorgeous raiment, stately carriage, knees knocking together in a most aristocratic manner, has nothing on me. The cosmic Zora emerges. I belong to no race nor time. I am the eternal feminine with its string of beads. 15 I have no separate feeling about being an American citizen and colored. I am merely a fragment of the Great Soul that surges within the boundaries. My country, right or wrong. 16 Sometimes, I feel discriminated against, but it does not make me angry. It merely astonishes me. How can any deny themselves the pleasure of my company? Its beyond me. 17 But in the main, I feel like a brown bag of miscellany propped against a wall. Against a wall in company with other bags, white, red and yellow. Pour out the contents, and there is discovered a jumble of small things priceless and worthless. A first-water diamond, an empty spool, bits of broken glass, lengths of string, a key to a door long since crumbled away, a rusty knife-blade, old shoes saved for a road that never was and never will be, a nail bent under the weight of things too heavy for any nail, a dried flower or two still a little fragrant. In your hand is the brown bag. On the ground before you is the jumble it heldâ€â€so much like the jumble in the bags, could they be emptied, that all might be dumped in a single heap and the bags refilled without altering the content of any greatly. A bit of colored glass more or less would not matter. Perhaps that is how the Great Stuffer of Bags filled them in the first placeâ€â€who knows?
Thursday, December 19, 2019
Nietzsche s Views On The View Of Life Is Worth Living And...
Schopenhauer was a philosopher in the 19th century who made the striking case for view of nihilism and he argued that for a life to be worth living, it must include a preponderance of happiness over suffering. However, he argued that there is no life include preponderance happiness over suffering. Therefore, he concluded that there is no life worth life and that leads to nihilism. Yet, that is a relatively implausible argument, because the life to be called a meaningful life do need the preponderance happiness over suffering. In that way, a life is worth living and an outstanding good life. Furthermore, Nietzsche was also a philosopher in late modern western philosophy. His naturalistic perspective on the meaning of life states that the meaning of life is to be an overhuman which consist of strongly exercising the will of power. In his argument, the will of power refers to the concept of striving to overcome one’s limitation in life. To be more specific, one people will have the will of power to endeavor their problems and despite of the hardness, people still fight for the difficulties and overcome their limitations in their experiences. There is another term – overhuman, which represent someone who constantly strive to overcome her limitation in life. To explain that term, people having the will to strive for their limitations and pay effort in it is so called the overhuman. Besides, it is easier for people to accept naturalism instead of nihilism and supernaturalism forShow MoreRelatedAn Analysis of Terrorism Essay9824 Words  | 40 Pagesnetworks grew with the help of better transportation, more television, better telephones, and more sophisticated and deadly explosives. The conflicts between Israel and Arab countries after World War II led to intense periods of terrorism. 1970’s and 1980’s , terrorism spilled over into western Europe. The Palestinians liberation has set up organizations in Germany, Italy and Japan. Another army, fighting for the liberation of Northern Ireland from Great Britain. Before the airplane hi-jackingsRead MoreOrganisational Theory230255 Words  | 922 PagesTheory Challenges and Perspectives John McAuley, Joanne Duberley and Phil Johnson . This book is, to my knowledge, the most comprehensive and reliable guide to organisational theory currently available. What is needed is a text that will give a good idea of the breadth and complexity of this important subject, and this is precisely what McAuley, Duberley and Johnson have provided. They have done some sterling service in bringing together the very diverse strands of work that today qualify as constitutingRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words  | 1573 Pagesand permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. To obtain permission(s) to use material from this work, please submit a written request to Pearson Education, Inc., Permissions Department, One Lake Street, Upper Saddle River, New Jersey 07458, or you may fax your request to 201-236-3290. Many of the designations by manufacturers
Tuesday, December 10, 2019
Business Ideas for New Entrepreneurs - MyAssignmenthelp.com
Question: Discuss about theBusiness Ideasfor New Entrepreneurs and General Competition. Answer: Introduction Coming up with a business idea is quite a task for an individual seeking to be an entrepreneur. With the current increase in the ratio of children to the old age, I took this as an advantage and utilized it in my business idea. However, the main challenge after realizing the idea, comes the implementation part. The current business structure we are in, business activities have been recorded to experience a major challenge when it comes to new entrepreneurs and general competition in the available consumer market (Matt, 2013). Through the research and analysis that I made in my home town, I believe this will kick off to major profits and even give back to investors. Marketing Plan This is an idea that cant be undertaken single handed as it comes with its potential challenges (Andy, 2011). My winning factor is to make sure the children in my society can access this kind of entertainment whenever and wherever. This would be a physical shop to purchase toys and also available are toys to pay and play with. Later on, I plan to introduce an online shop where I would be able to attract a bigger market. The market research group came up with an analysis that with this type of business, competition will be low as this idea has never been implemented by any business individuals before around my town with a major population being kids. Being a new idea, it is safe to say that it will take time for this idea to get its popularity as it will be the first time that I will be introducing the idea to this market. With time, the market structure will catch up (Kevin, 2010). A strategic way that I consider to use in marketing of my services is through media or the current soci al media networks. Having in mind that this business is meant to target the town am located in, using the current medias may tend to be the appropriate way to go by. As a marketing strategy, I also consider using customer satisfaction as ways of marketing our services. Customers are believed to be a good source of marketing means. Upon offering good services to one customer they tend to influence other people into using the services. With the above knowledge we have put in mind all the 4 Ps of marketing in mind that is price, place, product and promotion in place Im certain this product would sell. Competitive Advantages Being the first business idea to be implemented in the located geographical area, it has its wide range of advantages. With no other business to compete with, the customers available will rely on the services I will offer at all times. One of our main strategy is to offer quality customer service satisfaction and its availability at all times, with focus to create a good image picture of our services to our customers (Rashi, 2014). Increase in range of my services will not only affect the children as my targeted customers but also to the youths and adults as well. However, some of the fortunate kids are able to afford the improved toys for their own home use. I consider this too as a factor, and try to make the unfortunate ones feels comfortable with my services(Daryl, 2012). Financial Plan Looking to have a great business plan, first and foremost I have to organize a proper financial budget that will facilitate the smooth running of the business. Successful running of this business will lead to creation of more employment opportunities and also increased profits. General capital outline of the business is about $ 80,000.This will cater for the rental fee, the buying of the gaming systems and also the paying of the workers for the first months. Based on the current market structure, I target to a finance projection of about $120,000 in sales for the six months. Later, strategies on a projection of 20% increase in sales in every year for at about the first three years. Looking at a monthly salary of about $200 to employee, I am looking forward to work with about four customers care services providers. On my first start up, the few selected workers will go through training on the services and more staff will be added though out the year once our financial state will be secured (Terry, 2014). However, this success may only be possible if potential investors are involved. Owning half of the amount needed to start the business it is not yet enough to implement on the idea. 70- 30 % agreement in any profit gained to be distributed (Ken, 2013). The budget of a business idea that is in its early stage is mostly based on estimation. Financial ratios help an investor to make an informed decision by identifying the business strengths and weakness. Its critical to give a detailed report on the major expenditure thats been made on the long term assets. An investor would definitely want to understand whether the business they are venturing into in is; profitable, liquid and stable in the long run. Below I will have a few to explain my plan and hopefully get an investor willing to support the idea. Assets 50000 Liabilities 4000 Sales 20000 After tax Profit 10000 Expenses Rental fee for 1 month 2000 Salaries 1000 Ratios ASSET TURNOVER RATIO Its calculated when we divide net sales by average total assets. 50000/20000=2.5 This means for every dollar in the assets I will generate 2.5 and thus Im very efficient with the use of my assets. WORKING CAPITAL RATIOS This ratio assess the health of the company for an investor to understand its liquidity to cater for short term obligations Its achieved by dividing current assets by current liabilities 50000/4000=12.5 The above clearly indicates that this business idea can pay for its obligation any day any time. NET PROFIT MARGIN/RETURN ON SALES RATIO Its calculated by dividing net profit after tax by net sales 10000/20000=0.5 This typically shows the profit made by each sale measuring the sales retained by the company after expenses and taxes. Debt Ratio This ratio measures the financial leverage of the company/business. A business with higher liabilities than assets is considered risky to indulge in. This is a solvency ratio and the lower the ratio the better since it implies that the business is stable. Its acquired dividing total liabilities by total assets. 4000/50000=0.08 This ratio is relatively low and implies that I can easily repay any loan and I shouldnt be disapproved incase i need of one. Organizational Plan One of the critical things in an organizational plan is recruitment, it is important to note that the employment act will be adhered to by the hiring agency. Presence of an organization structure this business company is significant in defining how the activities are to be directed towards achieving of the business goals (Joyce, 2011). These activities present in my organization include, supervision of the work done by the staffs, coordination of the company' activities and also allocation of duties to its workers. Successful running this business, my organization group needs to be effective in its doings, flexible in its services and also innovative in its ideas in order for them to be at a much better advantage in their competition. Being the owner of the business, I will be the one in charge of its running. All the roles performed by managers in an organization, I will be the one in charge of implementing them. Investors play a role in the managerial position of the business as well. They have equal advantages as I have. They are entitled to provide any useful information that might assist me in the business success. In case of any challenge occurred, we are both entitled to experience them together. Staff members are important as one cannot be able to control and ensure that customer's need is satisfied, all by himself. Since it is a new business, strategies are focused on attaining full profit of the business before thinking of opening another branch to offer the same services. Conclusion An overview, the essay summarizes an exam of a business idea that yet to be implemented. Focusing on the major factors I have to consider before starting my own business which includes; financial records, organizational plan and the marketing strategy, of a business. Its key to note that for a business to be successful an investor is not only supposed to look at the financial ratio but also the location and regional differences. References Andy, B., (2011). The Idea Hunter: How to Find the Best Ideas and Make them Happen. London: John Wiley and Sons. Daryl, B., (2012). Better Than a Lemonade Stand. Simon and Schuster. Joyce, S., (2011). Business Ideas to make a Million Dollars. Trafford Publishing. Ken, L., (2013). The 100 Greatest Ideas for Building the Business of your dreams. Infinite Ideas. Kevin, D., (2010). Business Greatest Hits. Aamp; C Black. Matt, K., (2013). Creating New Business Ideas and Opportunities. Lulu.Com. Rashi, G., (2014). Money Making Business Ideas. Niir Project Consultancy Services. Terry, K., (2008). Small business Ideas. Terry Kyle.
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