Chinese and Western Landscape painting Essay Example | Topics and Well Written Essays - 500 words

Chinese and Western Landscape painting - Essay Example The work of art offers a one of a kind component that makes it one of the best enduring artful culminations in China as well as all through the creative world. The hugeness of this artwork is reflected in the time taken to complete it. The scene painting had risen into a self-ruling sort that plainly exemplified the nature yearning of developed people to get away from quotidian world to cooperative with the universe. The Lackawanna Valley is in the assortment of the National Gallery of Art in Washington, D.C. the craftsman consideration of different tree stumps in the in his work forefront makes the bit of work one of a kind, The composition represents a noteworthy philosophical issue that numerous Americans were handling during the 1850s; Growth unavoidably requested the broad pulverization of nature which was not ruined. My last remark to this bit of workmanship is the viable utilization of quieted hues experience otherwise called (Tonalism). This makes the paint a one of a kind pe rfect work of art and an intelligent of the time that is such significant throughout the entire existence of American human advancement. From these and different perceptions, I arrived at a resolution this work would be related to the subject of westbound development and its belongings. Both scene painters from the West and China have installed their feeling and individual sentiments towards the picture rather than shallow delineation or presence of the article. In any case, the greater part of the scene painting from the west like this one specifically is to a great extent influenced by confidence of Christian religion.

Report on future trend of Japanese Yen over the next month Free Essays

The point of this report is to make a future pattern expectation of Japanese Yen dependent on the financial information and experts’ conclusions from SYNC for the following month. Further Yen shortcomings is going to proceed, and Japan is remaining with the assurance under the market, said by Mike, as indicated by the Bank of Japan Meeting. The dollar and Euro made their biggest rate gains against the yen since BOX reported forceful facilitating measures and they intend to twofold holding of securities and stocks in two years. We will compose a custom exposition test on Report on future pattern of Japanese Yen throughout the following month or then again any comparative theme just for you Request Now From the past insights and diagrams, we can see that, the dollar ascended as high as 96. 41 yen on Router’s information, close to a three and a half year pinnacle of 96. 71 set on March 12. The Euro exchanged at 124. 51, up 4. 2 percent, higher than Yen for a few months. And furthermore, the yen debilitated against different monetary standards, with the Australian dollar transcending 100 yen just because since 2008. Kyle Bass, the Founder of Hyman Capital said that what Japan Is attempting to do Is to cheapen the money so as to turn out to be marginally more exchange from contenders, similar to South Korea, and improve the economy. Jon included that, short (ME) developing business sector or go long puts to play Yen shortcoming. The Bank of Japan Is setting out on a money related facilitating effort more forceful than anything it has endeavored In years. This implies there Is as yet a further shortcomings of Japanese Yen later on months. The most effective method to refer to Report on future pattern of Japanese Yen throughout the following month, Papers

One Vote Can Make a Difference - What Are the Odds

One Vote Can Make a Difference - What Are the Odds The chances that one vote can have any kind of effect in a political race are nearly nil, more awful than the chances of winning Powerball. Be that as it may, that doesnt mean its outlandish that one vote can have any kind of effect. Its really occurred. There have been cases in which one vote chose the political decision. Chances That One Vote Can Make a Difference Financial experts Casey B. Mulligan and Charles G. Tracker found in a recent report that just one of each 100,000 votes cast in government races, and one of each 15,000 votes cast in state authoritative races, â€Å"mattered as in they were thrown for an up-and-comer that formally tied or won by one vote.† Their investigation of 16,577 national decisions from 1898 through 1992 found that just one had been chosen by a solitary vote. It was the 1910 political decision in New York’s 36th Congressional District, won by a Democrat who guaranteed 20,685 votes to the Republican candidate’s 20,684. Of those decisions, the middle edge of triumph was 22 rate focuses and 18,021 genuine votes. Mulligan and Hunter likewise examined 40,036 state administrative races from 1968 through 1989 and discovered just seven that had been chosen by a solitary vote. Of those decisions, the middle edge of triumph was 25 rate focuses and 3,257 genuine votes. At the end of the day, the possibility that your vote will be the conclusive or critical one of every a national political race is nearly nada. The equivalent goes for state authoritative races. Chances That One Vote Can Make a Difference in a Presidential Raceâ Analysts Andrew Gelman, Gary King, and John Boscardin evaluated the odds that a solitary vote would choose a U.S. presidential political decision to be 1 out of 10 million, best case scenario and under 1 of every 100 million at the very least. Their work, titled Estimating the Probability of Events That Have Never Occurred: When Is Your Vote Decisive? showed up in 1998 in the Journal of the American Statistical Association. â€Å"Given the size of the electorate, a political decision where one vote is definitive (identical to a tie in your state and in the appointive school) will in all likelihood never occur,† Gelman, King and Boscardin composed. All things considered, the chances of your one vote choosing a presidential political decision are still better than your chances of coordinating each of the six quantities of Powerball, which are littler than 1 of every 175 million. What Really Happens in Close Elections So what occurs if a political race truly is chosen by a solitary vote, or is at any rate entirely close? It’s removed from the electorate’s hands. Stephen J. Dubner and Steven D. Levitt, who composed Freakonomics: A Rogue Economist Explores the Hidden Side of Everything, called attention to in a 2005 segment in The New York Times that incredibly close races are frequently settled not at the polling booth however in courts. Consider President George W. Bush’s restricted triumph in 2000 over Democrat Al Gore, which wound up being chosen by the U.S. Incomparable Court. â€Å"It is genuine that the result of that political race boiled down to a bunch of voters; yet their names were Kennedy, OConnor, Rehnquist, Scalia, and Thomas. What's more, it was just the votes they cast while wearing their robes that made a difference, not the ones they may have thrown in their home precincts,† Dubner and Levitt composed. At the point when One Vote Really Did Make a Difference The races won by a solitary vote, notwithstanding the new 1910 Congressional political decision in New York, as indicated by Mulligan and Hunter, were: A 1978 race for Rhode Island state Senate was tied at 4,110 votes, and chose by a second overflow political decision. So was a 1980 race for New Mexico state House, at 2,327 decisions in favor of each candidate.A 1982 state House political race in Maine in which the victor won 1,387 votes to the loser’s 1,386 votes.A 1982 state Senate race in Massachusetts in which the victor won 5,352 votes to the loser’s 5,351; a resulting relate late discovered more extensive margin.A 1980 state House race in Utah in which the victor won 1,931 votes to the loser’s 1,930 votes.A 1978 state Senate race in North Dakota in which the victor won 2,459 votes to the loser’s 2,458 votes; an ensuing describe saw the edge as six votes.A 1970 state House race in Rhode Island in which the victor won 1,760 votes to the loser’s 1,759.A 1970 state House race in Missouri in which the victor won 4,819 votes to the loser’s 4,818 votes.And a 1968 state House race in Wisconsin in which the victor won 6,522 votes to the loser’s 6,521 votes; a resulting describe saw the edge as two votes, not one.

How to Write a Scholarship Thank You Letter

Why Your Student Needs to Write a Scholarship Thank You LetterThanks to the generosity of others, your child can avoid student loans, allowing them to reduce or eliminate the need for debt to pay for college.By writing a scholarship thank you letter, your student is expressing their appreciation for the individuals or organization that choose to invest in their future.Sincere expressions of gratitude are always appreciated by scholarship committees and donors. A scholarship thank you note also lets your student update them on how the award made a difference, allowing them see that their money was put to good use and is genuinely making a difference in the world.Plus, your student may want to reapply for the scholarship during the rest of their time in college. If that is the case, a well-crafted scholarship thank you letter ensures that they leave a lasting, positive impression, which may increase their odds of being selected again.Related articles:How to Ace These Common Scholarship Interview QuestionsHow to Write Winning Scholarship Essays8 Easy Ways to Motivate Your Child to Apply for ScholarshipsHow to Write a Scholarship Thank You Letter Once your student has a scholarship award check in hand, they may believe theres nothing left to do.However, receiving the check shouldnt be the end of the story. All it means is that now is the perfect time to craft a scholarship thank you letter.Winning a scholarship is a fantastic experience. Not only does it show that the committee was impressed with your student, but that they were so thrilled with their application, they were willing to give your child money to help them achieve their academic goals.A scholarship is more than financial aid. It is a gift, provided by generous donors and organizations that want to help students succeed. And its a gift that should always be properly acknowledged.Why Your Student Needs to Write a Scholarship Thank You LetterThanks to the generosity of others, your child can avoid student loans, allowing them to reduce or eliminate the need for debt to pay for college.By writing a scholarship thank you letter, your student is expressing their apprec iation for the individuals or organization that choose to invest in their future.Sincere expressions of gratitude are always appreciated by scholarship committees and donors. A scholarship thank you note also lets your student update them on how the award made a difference, allowing them see that their money was put to good use and is genuinely making a difference in the world.Plus, your student may want to reapply for the scholarship during the rest of their time in college. If that is the case, a well-crafted scholarship thank you letter ensures that they leave a lasting, positive impression, which may increase their odds of being selected again.Related articles:How to Ace These Common Scholarship Interview QuestionsHow to Write Winning Scholarship Essays8 Easy Ways to Motivate Your Child to Apply for ScholarshipsHow to Write a Scholarship Thank You LetterWriting a high-quality scholarship thank you letter only takes a few minutes. The note doesnt have to be long to be effective.T o help your student write an amazing scholarship thank you letter, here are some helpful tips.Choosing Between Handwritten or TypedBefore your student writes their scholarship thank you note, they need to decide between handwritten or typed.Often, the best approach is to purchase a blank thank you card and handwrite the scholarship thank you letter inside. This makes the note feel more personal, which can go a long way when you want to make a positive impact.However, if your child struggles with keeping their handwriting legible, typing the scholarship thank you note is also an option. If your student chooses this option, they still want to print out the letter and hand-sign it.While many students may be tempted to simply send a scholarship thank you letter as an email, this isnt something you want to do. Email seems sterile and may make the thank you note appear like an afterthought instead of genuine appreciation. Still, if youve been in contact with the committee via email, its i mportant to respond gratefully, professionally and in a timely manner.Picking the Right Tone for Your Thank You NoteA scholarship thank you letter needs to exude professionalism as well as appreciation. It should be clean, friendly, and a bit formal, not unlike a scholarship essay.Your student needs to reflect their ideal academic self when they write, so maintaining the proper tone is a must.What You Need to Cover in a Scholarship Thank You LetterWhen your student writes their scholarship thank you letter, a few key points need to be covered.First, they need to thank the committee, organization, or donors for their generosity. Next, your student should briefly describe how things would be different if they didnt receive the award.Those two points should take no more than a couple of sentences to cover. After those, the remainder of the body scholarship thank you note should focus on what your student did (or plans to do) with the money, providing the recipients with an update on ho w their gift helped.Finally, every scholarship thank you letter should have a strong closing. You student should again thank the committee, donors, or organization for their assistance, noting that, without them, your child may not be having the amazing college experience they have today.Once the closing paragraph is complete, then a simple sign-off is all thats needed to finish up the scholarship thank you letter.Scholarship Thank You Letter SampleTo help your student write a stand-out scholarship thank you letter, heres an easy thank you letter template they can follow:Ultimately, sending a meaningful and well-crafted scholarship thank you letter should be seen as an essential part of the scholarship process. After all, the generosity of others has made your students college education more affordable, and possible lets them graduate debt-free.It only takes a minute to write an outstanding college scholarship thank you letter. Just make sure, no matter whether they choose a handwri tten or typed letter, to have some stamps ready. That way, as soon as they are done, they can put them in the mail and continue enjoying their education.If you and your student would like to learn more abouthow to find scholarshipsthat can help pay for college, sign up for ourfree college scholarship webinar! We cover how to spot the scams so you can make sure your student is applying to scholarships that are actually worth their time. Join the next free training here:www.thescholarshipsystem.com/freewebinar.

Investment Appraisal Report to Purchase a New Super Cruise Ship - Free Essay Example

Sample details Pages: 8 Words: 2459 Downloads: 8 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? Business Finance Contents Don’t waste time! Our writers will create an original "Investment Appraisal Report to Purchase a New Super Cruise Ship" essay for you Create order Introduction Task-1 Investment Appraisal Report to Purchase a New Super Cruise Ship Task 2 (a) Sales, Purchases, Production and Cash flow Budget (b) Forecasted Income Statement and Balance Sheet Task-3 Guidance to the directors of Utopia on managing business finance Conclusion Reference Introduction Business is combination of the human activities directed for earning profit and giving service to the society. The activity of the business makes the product and service ready for consumer by the help of industry and commerce. Industry collects the consumable goods from the nature and processes it to make consumable goods. Again, commerce makes the goods and service available for the customers. But in all type of activities executed by industry and commerce needs capital and loan able funds. From where the finance will be collected, how much cost has to be sacrificed as cost of capital and other different things can be learned from business finance. Business finance helps stakeholder and business to understand how finance can be successfully used to derive most benefit from the finance. A successful business man can take necessary steps such as investment appraisal methods; understand the financial environment of the company to take investment decision. In that report, there is a dis cussion of investment appraisal report, different budget such as cash budget, production budget, guidelines on managing business finance are discussed in detail. Task-1 Investment Appraisal Report to Purchase a New Super Cruise Ship Investment Appraisal report Carnival, A Quality Cruises. I. Introduction Carnival Cruise is one of the renowned cruises and largest vacation company in the world. Their portfolio of cruise has branded cruises. It wants to expand its business by purchasing a new super cruise ship for $900 million. Thatà ¢Ã¢â€š ¬Ã¢â€ž ¢s why they go for different investment appraisal technique to know whether it is better purchase the cruise or not. This report will describe the financial viability of that company. Carnival Cruise has initial investment, sales and costs data. These data will help determine the suitability of purchasing the ship. In fine the report will make a recommendation by evaluating the results, strength and weakness of investment appraisal technique. In that report four investment appraisal methods are used. These are Accounting rate of return (ARP), Net present value (NPV), Payback period and internal rate of return. The result of these four methods may not be same because of their approaches and calculation. But it will help evaluate the results with different technique and make final decision. II. Investment appraisal methods Four appraisal methods can be categorized into two methods- discounting methods and non-discounting methods. The APP and Payback period are non-discounting and NPV and IRR are discounting methods. ARR can be found by dividing Average income by Average investment (Hansen and Mowen, 2007, p. 568). That method doesnà ¢Ã¢â€š ¬Ã¢â€ž ¢t consider the time value of money. It is considered as the drawback for ARR. To identify the recovery period of initial investment, payback period is commonly used (Brigham and Houston, 2007, p. 373). Result which provide shorter payback period is preferable rather than longer payback period. It ignores cash flow after payback period and time value of money (Kinney Raiborn, 2011, p. 655). In case of NPV method, we can find net value of the project by discounting cash flow at a specific rate. The major advantage of NPV is the discount of the future cash flow and it is preferable than any other methods. The disadvantage is that it supposes constant gearing for cost of capital (Delaney, 2008, p. 37). It is difficult to calculate cost of capital that is used for discounting cash flows (Howe, 1992, p. 34). Unlike NPV, IRR is used to discount the future cash flows. It tells about the margin of safety in term of decline of rate of return (Brigham and Daves, 2009, p. 421). III. Results of investment analysis Accounting Rate of Return (ARR): Particulars 2012($) 2011($) 2010($) Revenue 7688024 7537263 6752504 (-):Expenses 6899470 6605635 5949871 Operating profit 788,554 931,628 802,633 Net profit 788,554* 931,628* 802,633* *Tax effects should be ignored. Thatà ¢Ã¢â€š ¬Ã¢â€ž ¢s why net profit is same as operating profit. Average profit= ($788554+$931628+$802633)/3=$840,938 Average investment= ($900,000,000+0)/2= $450,000,000 ARR = Average profit / Average investment = $840,938/ $450,000,000 = 0.19% Payback Period: Initial Investment is $900,000,000 Year Cash flow $ Cumulative cash flow $ 2008-Year-1 300,000,000 300,000,000 2009-Year-2 230,000,000 530,000,000 2010-Year-3 130,000,000 660,000,000 2011-Year-4 400,000,000 1060,000,000 2012-Year-5 70,000,000 1130,000,000 Payback period = 3 + ($240,000,000/$400,000,000) = 3.6 years. Net Present Value (NPV): The incremental cash flows are: Year Cash flow $ 2008-Year-1 300,000,000 2009-Year-2 230,000,000 2010-Year-3 130,000,000 2011-Year-4 400,000,000 2012-Year-5 70,000,000 As, interest rate is 6% or, 0.06, The PV =$(300,000,000/1.06) + (230,000,000/1.06^2) + (130,000,000/1.06^3) + (400,000,000/1.06^4) + (70,000,000/1.06^5) =$966,014,093 So, NPV = PV à ¢Ã¢â€š ¬Ã¢â‚¬Å" Initial investment =$966,014,093-$900,000,000 =$66,014,093 Here, all the data are assumed. Internal Rate of Return (IRR): Internal rate of return is the interest rate that results in the net present value to zero. In that case, à ¢Ã¢â€š ¬Ã…“guess and checkà ¢Ã¢â€š ¬Ã‚  is the most popular to find it out. Assume, cost of capital is 8%. Here, initial investment $900,000,000 Year Cash flow $ 2008-Year-1 300,000,000 2009-Year-2 230,000,000 2010-Year-3 130,000,000 2011-Year-4 400,000,000 2012-Year-5 70,000,000 Letà ¢Ã¢â€š ¬Ã¢â€ž ¢s try 10% interest rate: Now: PV= -$900,000,000 Year-1: PV=$300,000,000/1.10=$272,727,272 Year-2: PV=$230,000,000/1.10^2=$190,082,645 Year-3: PV=$130,000,000/1.10^3=$97,670,924 Year-4: PV=$400,000,000/1.10^4=$273,205,382 Year-5: PV=$70,000,000/1.10^5=$43,464,493 Adding those up gets: NPV = -$900,000,000+$272,727,272+$190,082,645+$97,670,924+$273,205,382+$43,464,493 = -$110,849,284 I will take a better guess now, and try an 11% interest rate: Continued at 11% interest rate Now: PV= -$900,000,000 Year-1: PV=$300,000,000/1.11=$270,720,270 Year-2: PV=$230,000,000/1.11^2=$186,673,159 Year-3: PV=$130,000,000/1.11^3=$95,054,879 Year-4: PV=$400,000,000/1.11^4=$263,492,389 Year-5: PV=$70,000,000/1.11^5=$41,541,593 Adding those up gets: NPV = -$900,000,000+$270,720,270+$186,673,159+$95,054,879+$263,492,389+$41,541,593 = -42,517,710 I will take a better guess now, and try a 13% interest rate: Continued at 13% interest rate Now: PV= -$900,000,000 Year-1: PV=$300,000,000/1.13=$265,486,726 Year-2: PV=$230,000,000/1.13^2=$180,123,737 Year-3: PV=$130,000,000/1.13^3=$90,096,521 Year-4: PV=$400,000,000/1.13^4=$245,327,491 Year-5: PV=$70,000,000/1.13^5=$37,993,196 Adding those up gets: NPV = -$900,000,000+$265,486,726+$180,123,737+$90,096,521+$245,327,491+$37,993,196 = 80,972,329 I will take a better guess now, and try a 10.3% interest rate: Continued at 10.3% interest rate Now: PV= -$900,000,000 Year-1: PV=$300,000,000/1.103=$271,985,494 Year-2: PV=$230,000,000/1.103^2=$189,050,056 Year-3: PV=$130,000,000/1.103^3=$96,876,138 Year-4: PV=$400,000,000/1.103^4=$270,245,171 Year-5: PV=$70,000,000/1.103^5=$42,876,614 Adding those up gets: NPV= -$900,000,000 +$271,985,494+$189,050,056+$96,876,138+$270,245,171+$42,876,614 = -28,966,527 10.3% interest rate is good enough because using that interest rate we find the result close to zero. So, internal rate of return is 10.3% We can say investment will yield to 10.3% (if all goes as per plan). IV. Analysis of results IRR of 10.3% is also higher than the cost of capital of 8% which again approves the purchase. The ARR 0.16% which is substantially lower than the cost of capital of 8% and hence the ARR method does not approve the investment. The NPV is positive $66,014,093. Investment in cruise is also approved under the NPV method. Payback period is better when it is lower. V. Conclusions The results of the four different appraisal methods- Payback period, NPV, IRR and ARR may not provide same or unanimous result. In that report there has been a description about NPP, Payback period, ARR, IRR and these results may be compared with other project to find the suitability of the purchase of the cruise. Here, we compare our result with cost of the capital but will be more informative if we can make a comparison among or between companies. VI. Recommendations When we will compare the result between or among the projects, in that case we can recommend the suitable approach for the company. For an example, when one companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s payback period is less than other. In that case the first company is better to choose. Task 2 (a) Sales, Purchases, Production and Cash flow Budget Information given, Capital =  £70,000 Cutting machine =  £45,000 Delivery van =  £18,000 Estimated life of the machine = 10 years Estimated life of the van = 5 years Predicted cost for each toy, for wood =  £5.00 For varnish coating =  £1.00 Sales price per toy =  £12 Ending inventory at each month = 80% of sales Wages =  £5,000 Electricity costs per quarter =  £2,000 Rent for 12 months =  £12,000 Insurance =  £9,000 The forecasted sales in units are as follows: Month Sales Ending inventory (80%) Beginning inventory June 4,000, 3,200 0 July 5,000, 4,000 3,200 August 5,000, 4,000 4,000 September 8,000 6,400 4,000 October 9,000 7,200 6,400 November 9,000 7,200 7,200 December 11,000 8,800 7,200 January 6,000 4,800 8,800 Production Budget: Production Budget (units) = sales Budget (units) + Target ending finished goods inventory (units) à ¢Ã¢â€š ¬Ã¢â‚¬Å" Beginning finished goods inventory (units) Month Calculation Output Sales budget Ending finished goods inventory Beginning finished goods inventory Budgeted production June 4,000 4,000 0 = 8,000 July 5,000 4,000 4,000 = 5,000 August 5,000 6,400 4,000 = 7,400 September 8,000 7,200 6,400 = 8,800 October 9,000 7,200 7,200 = 9,000 November 9,000 8,800 7,200 = 10,600 December 11,000 4,800 8,800 = 7,000 Sales budget: Sales budget = (Forecasted units sale * Price per unit) à ¢Ã¢â€š ¬Ã¢â‚¬Å" Sales discount and allowances Month Calculation Output Forecasted sale Price per unit Discount allowances Budgeted sales June 4,000 12 0 48,000 July 5,000 12 0 60,000 August 5,000 12 0 60,000 September 8,000 12 0 96,000 October 9,000 12 0 1,08,000 November 9,000 12 0 1,08,000 December 11,000 12 0 1,32,000 Purchases Budget: Particulars June July August September October November December Production Budget 8000 5000 7400 8800 9000 10600 7000 (+)Ending Inventory 3200 4000 4000 6400 7200 7200 8800 Total Requirement 11,200 9,000 11,400 15,200 16,200 17,800 15,800 (-) Beginning Inventory 0 3200 4000 4000 6400 7200 7200 Purchased(In Unit) To be made 11,200 5,800 7,400 11,200 9,800 10,600 8,600 Purchased Budget(W-1) 67,200 34,800 44,400 67,200 58,800 63,600 51,600 Cash budget: Cash disbursements: June July August September October November December Production 8,000 5,000 7,400 8,800 9,000 10,600 7,000 Direct material: Wood ( £5) 40,000 25,000 37,000 44,000 45,000 53,000 35,000 Varnish coating ( £1) 8,000 5,000 7,400 8,800 9,000 10,600 7,000 Total 48,000 30,000 44,400 52,800 54,000 63,600 42,000 Cash budget: Particulars June July August September October November December Collections from customers 0 48,000 60,000 60,000 96,000 1,08,000 1,08,000 Disbursements: Manufacturing cost: Direct material (0) (48,000) (30,000) (44,400) (52,800) (54,000) (63,600) Wages (5,000) (5,000) (5,000) (5,000) (5,000) (5,000) (5,000) Non-manufacturing costs: Rent (7,000) Machinery van purchase (45,000) (18,000) Insurance (9,000) Ending balance (84,000) (5,000) 25,000 10,600 38,200 49,000 39,400 (b) Forecasted Income Statement and Balance Sheet Forecasted Income Statement Neptune Toys For the year ending December 31, 2015 Particulars Amount Amount Revenues 6,12,000 Cost of goods sold (W-2) (3,65,000) Gross margin 2,47,000 Operating cost Depreciation(W-3) 4,050 Wages (5000 * 7) 35,000 Electricity(2000*2+670) 4,670 Rent(12000/12*7) 7,000 Insurance (9000/12*7) 5,250 (60,100) Operating income 1,91,030 Forecasted Balance Sheet Neptune Toys As at December 31, 2015 Particulars Amount Amount Amount Assets: Current assets: Cash Ending Inventory(N-5) Prepaid electricity cost Cutting Machinery (-)Depreciation Delivery Van (-)Depreciation 45,000 (2250) 18,000 (1800) 73,200 271800 4,670 42,750 16,200 Total asset 408,620 Liability Equity: Current liabilities: Accrued Wage(5000*7) Rent Payable Insurance payable Account Payable Equity: Ownerà ¢Ã¢â€š ¬Ã¢â€ž ¢s Capital Retained earnings(Operating income) 35,000 7,000 5,250 100,340 70,000 1,91,030 Total Liability Equity 408,620 Notes to the financial statement- Notes-1: Purchase cost for toy: In June=11,200*(5+1) =67,200 In July =5,800*(5+1) =34,800 In August =7,400*(5+1) =44,400 In September =11,200*(5+1) =67,200 In October=9,800*(5+1) =58,800 In November =10,600*(5+1) =63,600 In December: Purchase cost for toy=8,600*(5+1) =51,600 Notes-2: Cost of goods sold: Particulars Amount Amount Total Beginning finished goods inventory, June 1, 2015 0 Direct materials used 3, 34,800 Direct manufacturing labor 0 Manufacturing overhead: Wages (5,000 * 7) 35,000 Cost of goods manufactured 3,69,800 Cost of goods available for sale 3,69,800 Ending finished goods inventory, Dec. 31, 2015 (4,800) Cost of goods sold 3,65,000 Notes-3: Depreciation calculation: Cutting Machine= (45000/10) =4500/2=2250 Delivery van= (18000/5) =3600/2=1800 Total Depreciation=2250+1800=4050 *Depreciation is calculated following Straight line Method. **Calculated half year depreciation. Note-4: Ending Inventory Calculation: Total Production unit= 55,800 Total production cost: Manufacturing cost 369,800 Electricity Bill 2,000 Total cost 371,800 Assume insurance and rent expenses are for office. Production cost per unit= (371,800/55,800) =6.663 (approx.) Ending Inventory= 40,800 Ending Inventory cost= (40,800*6.663) =271,800 (approx.) Task-3 Guidance to the directors of Utopia on managing business finance Utopia resort is one of the well-known company operates its exclusive holiday resort around the world. This holiday resort company charge  £4,000 for each of the person who enjoys their entertainment. Again there are lots of holiday Resort Company existing in the world that are competitor of Utopia company. So, it needs to manage its financial resources to strength its position in that type of business. A business may be benefited if they prudently and strategically manage its finance and it may help that company unlock additional financing and avoid uncertain cash flow problem (Cinnamon, Helweg-Larsen and Cinnamon, 2010). Managing Business Cash: The aim of the business is to ensure its sufficient cash facilities to keep that business going. It means it will get full on time payment for the respectable customers and successfully pay to its creditors and suppliers. Here Utopia is listed to London Stock Exchange to become a levered firm (Connolly, 2007). Managing Business Credit: How to successfully obtain credit is mainly focused in the business. Businesses must have to manage actively the business credit by credit payment and identifying and issues related with finance. Utopia needs to manage its credit by taking loan from the bank or from the stock market. Some important steps that need to follow to maintain better relationship with the bank includes: To inform bank about the business performance that it is doing well or not. To present current and accurate financial information. To invite bankà ¢Ã¢â€š ¬Ã¢â€ž ¢s relationship office to monitor how it operated. To be stick to the term of lending agreement. They should follow the above criteria to satisfy the Bank office to get financial support in time of need (Eiteman et al., 2001). Managing Business Credit policy: Getting paid in time is very important for any business to survive. That is also applicable for Utopia Resort Company. To minimize the credit loss, there is a need of clear and comprehensive credit policies, management and proper systems (Crowther, 2004). Financial Planning: To understand business financial position, to persuade lender to the business, there a necessity of good, proper and accurate financial planning. Utopia needs to structure a good financial planning to make them competitor for the other company in the holiday business (Groppelli and Nikbakht, 2000). Here some suggestion for the Utopia for their future financial plans: As there is a stiff competition from the other global competitor like USA companies etc in the market, the need to be careful in case of setting service charges. They should highlight some features of their business that are insufficient in other company. Such as, Utopia can take the advantage from media coverage of ship sinking, fire, virus in ship. And say the customer that they are free from these problems and there is a sufficient life saving boats in the mother ship. They can take help from bank and make them listed in the Stock exchange to make their business stronger and acceptable. They need to set most challenging financial strategies to keep control of the profitability in the expansion phase of the company (Myddelton, 2000). Conclusion Business and finance are interrelated with each other. Any business can be successfully operated if there is sufficient capital and effectively manage finance in the business. Here, in the assignment we discuss how a quality cruise plc uses investment appraisal techniques to find out how effective it will be if he/she invests his/her capital to buy a super cruise ship. We also use different accounting information to make that report knowledgeable. Here different budget like sales budget, purchase budget are calculated and forecasted income statement and balance sheet is given. There is a guideline of the director of Utopia about how to manage business successfully in time of expansion of the business. For that reason they have to maintain a good relation with the bank and they can go for stock exchange borrowing for their future finance needs. Reference Arya, A., Fellingham, J.C., and Glover, J.C., 1988. Capital budgeting: Some exceptions to the net present value rule. Issues in accounting education, Vol. 13, No. 3, pp. 499-508. Brigham, E.F., and Daves, P.R., 2009. Intermediate Financial Management. 10 edn. South-Western Cengage Learning. Brigham, E.F., and Houston, J.F., 2007. Fundamentals of financial management. 11 edn, Thomson Higher Education. Delaney, C.J., Rich, S.P., and Rose, J.T., 2008. Financing costs and NPV analysis in finance and real estate. Journal of Real Estate Portfolio Management, Vol. 14, Issue 1, pp. 35-40. Hansen, D.R., and Mowen, M.M., 2007. Managerial accounting, 8 edn. Thomson South-Western. Howe, K.M., 1992. Capital Budgeting Discount Rates Under Inflation: A Caveat. Financial Practice Education, Vol. 2, Issue 1, pp. 31-35. Kinney, M.R., Raiborn, C.A., 2011. Cost Accounting à ¢Ã¢â€š ¬Ã¢â‚¬Å" Foundations and Evolutions. 8 edn, South-Western Cengage Learning, Mason. Cinnamon, R., Helweg-Larsen, B. and Cinnamon, P. (2010). How to understand business finance. 1st ed. London: Kogan Page. Connolly, M. (2007). International business finance. 1st ed. New York: Routledge. Crowther, D. (2004). Managing finance. 1st ed. Amsterdam: Elsevier Butterworth-Heinmann. Eiteman, D., Stonehill, A., Moffett, M. and Kwok, C. (2001). Multinational business finance. 1st ed. Reading, MA: Addison-Wesley Longman. Groppelli, A. and Nikbakht, E. (2000). Finance. 1st ed. Hauppauge, N.Y.: Barrons. Myddelton, D. (2000). Managing business finance. 1st ed. Harlow, England: Financial Times/Prentice Hall. 1 | Page

The Founding Of The Constitution Act - 1373 Words

The inception of the Constitution Act, 1982 is inarguably a highly significant event in Canada’s political history, and has impacted the political and legal landscape in numerous ways. The Charter of Rights and Freedoms regulates interaction and communication between the government and individuals, granting them with much needed protection of their rights and freedoms. Needless to say, these rights and freedoms are a critical part of the democratic political system and it is believed by many that the Charter is one of the most important legislations in Canada, as it allows laws that infringe the rights and freedoms of individuals to come under scrutiny and removed if necessary. Despite these protections that are guaranteed by the Charter†¦show more content†¦Specifically, the reasonable limits clause in section 1 as well as the highly controversial notwithstanding clause in section 33 allow the government to pass legislation even if it conflicts with the Charter, with certain exceptions. The notwithstanding clause was added to the Charter during negotiations in order to alleviate the tension between elected legislatures and appointed courts—a valid concern considering the fact that the judiciary would have the power to interpret a very broad set of citizen’s rights whether it be democratic and rights, as well was the fundamental freedoms and make final decisions on highly politicized issues. Careful analysis is used to determine whether or not section 1 can be applied and if said legislation fails to satisfy the requirements to be a reasonable limit, the court may order the law to be struck down, or redrafted so that law so that it complies with the Charter. However, if the government decides to invoke section 33 of the Charter, the notwithstanding clause, it would exempt the government from following the court’s directions, an aspect which makes it highly controversial and generally has a very negative public perception sin ce overriding charter rights is not seen as a good thing. Despite the great deal of negative criticism surround the it, the notwithstanding clause can be beneficial in numerous ways and does not necessarily interfere

Management and Business Singtel Optus Pvt Litimed

Question: Discuss about the Management and Businessfor Singtel Optus Pvt Litimed. Answer: Introduction The management of the business plays an important role in the enhancement of the business. This assignment highlights the critical issues that are related to the business and context of Optus. The various internal factors that affect the business and the business decisions of the business are highlighted in this assignment. The strengths, weaknesses, threats and opportunities of the company are analyzed using the SWOT analysis and the external factors that is analyzed using the PESTLE analysis has been discussed in details. The various theories and concepts that affect the business structure of Optus are also mentioned in details. Body Singtel Optus Pvt Litimed is one of the second largest telecommunication companies in Australia. This company trades mainly under the name of Optus brand. The details of the business of Optus have been mentioned in details. The internal issues that affect the business of Optus is analyzed using the SWOT analysis. The strengths of Optus include being one of the largest telecom companies in Australia (Optus, 2017). The company provides one of the most reliable services to the people of Australia. With the enhancement in the growth in the mobile and internet services, across the country, the company has been growing rapidly. The strengths also include the major investment in the home telephone. However, the weaknesses include the loss of the first movers advantage. Moreover, the limited regional presence compared to the competitors who have a global presence results in the potential weakness of the company. The opportunities that are relevant for the company includes the shift in the in dustry from the telephonic communication to the voice over Internet protocol. The company is able to expand and venture into the domain of voice over IP. Moreover, the competition among the wired networks also presents a good opportunity for the business organization. The steady increase in the usage of the internet among the people could provide an opportunity for Optus to expand their business to cater to the growing demand. An in depth analysis of the opportunities play an important role in the business decision. The business decision is taken considering the opportunities that could be taken up by the company (Optus, 2017). Along with considering the strengths and weaknesses, along with highlighting the opportunities, it is important to highlight the threats as well. The threats include the competition for laying the fiber optics as well as giving direct access to these fiber optic lines (Dobscha, Mentzer Littlefield, 2015). With newer technologies upcoming every day, the compa ny struggles to cope up with the speed of the new technologies. Merger and acquisition might also reduce the share price of the markets. Moreover, competitors such as Vodafone Australia and Telstra has been rising in competition, thus giving a threat to the business of Optus. Another framework that is used efficiently to analyse the impact of the internal forces is the McKinsey 7S framework Structure: The structure of Optus is an efficient one and it provides a productive platform for technological advancement (Optus, 2017). Strategy: The strategy of the company is to provide advanced technological support and enhance the communication system to satisfy the customers. Skills: The highly skilled employees ensure that the productivity of the company is high enough. Staff: The staffs are friendly and hard workers, with innovation (Fan, Wong Zhang, 2013). Style: High technology communication solution is provided by the company. System: The framework incorporates a smooth operation of the organization, with productive providers and strategic framework alongside proficient staffs (Zeng Song, 2014). Shared values: The common qualities incorporate accomplishing clients' fulfillment and goodwill. The external environmental factors that play a pivotal role in the business decision and the business strategy could be analyzed using the PESTLE analysis. Factors Impact Political factors Optus and its business of is affected by the political conditions of Australia. The political turmoil and instability in Australia, accompanied by with changes in the trading rules and regulations of the Australian government affects the business of Optus negatively (Optus, 2017). Economic factors The economic factor has a pivotal role to play in determining the business of any organization. Moreover, recession and inflation of the business market affects the business of Optus. Moreover, the economic instability affects the business of Optus negatively (Optus, 2017). As a telecommunication company, during economic instability the clients and customers might not invest in telecommunication. Social Factors The social factors include the changing trends of communication and the use of Voice over IP than the conventional communication systems provides opportunity for expansion and growth. Cost based competition plays an essential role in enhancing the business of Optus. The changing social trends of adoption of improved ways of communication are also an essential factor. Technological factors To be in the leading position, it is important that Optus upgrade their technology and offer advanced communication systems. Moreover, the advanced technology needs to be offered at a cheap rate. Thus, the up gradation of the technology also affects the business of Optus positively (Optus, 2017). Legal factors The licensing and considering the trading rules are included in the legal factors. Environmental factors The environment might be negatively affected by the increase in the number of satellites for advanced communication. However, the environment protection needs to be considered while advanced technology is used by Optus. The external environmental factors that has a significant impact is also analysed using the Porters Five force model. The five forces that casts a strong effect are as follows: Suppliers power: The supplier power of Optus is quite strong. In order to provide advanced telecommunication facilities, the company has to depend on various suppliers. Since the company is one of the leading telecommunication companies, hence the best suppliers are attached to Optus. Hence, the suppliers power is strong. Threat of new Entrants: This is a strong threat to Optus. This is because, with the growth and advancements in the telecommunication technology, many new companies have been growing up, and thus results in a threat of new entrants to Optus (Wheelen et al., 2015). Threats of the substitutes: The threat of an able substitute is less since Optus is an established telecommunication company, and cannot be easily substituted by any other company. However, the companies such as Telstra and Vodafone Australia has been gaining power in the market, thus providing a substitute for the customers of Optus (Stein Ramaseshan, 2016). Buyers power: The buyers power of Optus is strong enough and the range of customers include individuals as well as large companies and corporate. Competitor rivalry: The rivalry with other companies and healthy competition would motivate the staffs of Optus to incorporate innovation in their products and services. Risk assessment for Optus is as follows: Poor determination of the providers: One of the real dangers confronted by Optus is choice of the poor providers. Since Optus have an expansive territory of administrations and items, thus an assortment of providers should be contracted Choice of poor providers would bring about corruption of the matter of Optus (Optus, 2017). Poor checking of the contenders: The contenders should be observed consistently, with the end goal that the contenders do not overwhelm the organization. However, the absence of standard observing would bring about loss of business of Optus (Gollenia, 2016). Low reactions to financial changes: It is essential to react to the economic changes in the country in which it operates. Carelessness of reactions to the financial changes brings about loss of profitability of business (Rothaermel, 2015). The organizational practices of Optus that would enhance the business are: High performance practices: High execution framework should be polished by the representatives of Optus with the end goal that the workers are aligned to work diligently and are motivated to accomplish the organizational goals. Control: Adequate power is given to the workers of Optus with the end goal that they can take independent decision, as and when required. This division of power is vital for the fruitfulness and enhancement of business. Adequate information: A productive data framework is accessible at Optus and the required access to the information is given to the employees. Rewards and recognition: The reward and recognition plays an important role in improving the productivity. Giving adequate incentives to the employees motivate them to work sincerely. Thus, rewards and recognition plays an essential role in improving the productivity. Conclusion Optus is one of the largest telecommunication companies in Australia. This essay highlights the hierarchical structures of Optus along with the factors that affect the business of the company. The external conditions such as the political and economic factors are investigated using PESTLE analysis and Porter's five forces. The internal factors are analyzed using the SWOT and McKinsey 7S framework. The risks that the firm may face are also included in this assignment. The risks include the failure to identify the suppliers as well as the competitors that might prove to be threats to the company. Thus, a complete overview of Optus is presented in this assignment. References Dobscha, S., Mentzer, J. T., Littlefield, J. E. (2015). Do external factors play an antecedent role to market orientation?. InProceedings of the 1994 Academy of Marketing Science (AMS) Annual Conference(pp. 333-337). Springer International Publishing. Fan, J. P., Wong, T. J., Zhang, T. (2013). Institutions and organizational structure: The case of state-owned corporate pyramids.Journal of Law, Economics, and Organization,29(6), 1217-1252. Gollenia, L. A. (2016).Business Transformation Management Methodology. Routledge. Optus, S. (2017). Optus - Mobile Phones, Broadband Internet, NBN, TV, Home Phone.Optus.com.au. Retrieved April 17, 2017, from https://www.optus.com.au/ Rothaermel, F. T. (2015).Strategic management. New York, NY: McGraw-Hill. Stein, A., Ramaseshan, B. (2016). Towards the identification of customer experience touch point elements.Journal of Retailing and Consumer Services,30, 8-19. Wheelen, T. L., Hunger, J. D., Hoffman, A. N., Bamford, C. E. (2015).Concepts in Strategic Management and Business Policy: Globalization, Innovation, and Sustainability. Zeng, P., Song, T. (2014). Exploring Driving Forces for Business Model Innovation: The Integrative Perspective of Internal and External Factors.Chinese Journal of Management,7, 008.

Right From The Beginning The Plot Is Almost Conveniently Evident. You

Right from the beginning the plot is almost conveniently evident. You find a woman, Edna Pontellier, tired of living her life as a pampered and "owned" wife and mother. She is searching for much more in her life, some sort of meaning for her whole existence. She searches for a long time but in the end, the inevitability of her life's pattern and direction wraps around her, suffocating her. She is overcome with wonder, confusion, and guilt for what she believes and what she does to express her beliefs. She finally finds a way to beat the "proper" 1890's lifestyle by committing suicide. During this story Edna struggles with three main opposing powers. First, there is the society's opinion of what a woman's "roles" in life was and how they should act, look, and feel. Second, is her independent nature. The last opposing power she comes across is her undying love for the charming Robert Lebrun. It is the unwritten rule that a woman should marry, have children, and be happy and content with that as their life. Society portrays this to be a woman's rightful job and duty. A woman should act and look "proper" at all times. This is what Edna is fighting against in this novel. She feels that, though many women agree with this "known" rule, it isn't fair. For six years Edna conforms to these ideas by being a "proper" wife and mother, holding Tuesday socials and going to operas, following the same enduring schedule. It is only after her summer spent at Grand Isle that her "mechanical" lifestyle becomes apparent to her. She sees how much she is unhappy with the expectations, held by society, of her life and she wishes to erase them and live her life as she wants. Edna has an independent, almost self centered, nature about her. Her need for an uncontrolled lifestyle is what leaves her feeling "owned" and wanting to break that label; she fights to do as she wishes. Little by little she breaks free of society's' image, letting her independence shine through. She cancels her Tuesday socials and helps out around the house doing little chores. The biggest step she made was her decision to move away from her mansion and into the "pigeon house", a little cottage around corner. After this move she was free to explore her new profound freedom and desires. She succumbed to the passion in her heart and had a meaningless affair with Arobin, a known heartbreaker. She was in control of this new relationship and she loved feeling in control. True, she felt nothing beyond lust for the man but she was able to do as she wished. Her love for Robert Lebrun was truly her biggest obstacle she was to overcome. Every thought and feeling she had sprouted from the love she had for him which kept growing long after the brief summer in Grand Isle. She thought about him always and was in constant yearning for him to return from his escapades in Mexico. When he finally did return, his love for Edna was apparent and he wished to be married to her. Once again she felt trapped, not wishing to become "property" to a man. She just wanted to be with him and love him without having to give up her independence. When she left to assist her friend in her childbearing, she bid him to stay and wait for her. Alas, when she returned he was gone, in his place was a letter. He stated his love for her and his inability to keep interfering with her life and her duties to her husband and children. That was the end of Edna Pontellier. She feels alone, with no one who would understand to confide into. Rather than be forced to live in such a world of tyranny and succumb once again to the mechanical lifestyle she had lived for so long, she chooses death. In death, there are no expectations, no one to impress or be "proper" for, and most importantly she has no one to answer to, except herself. It is all these aspects of the plot, in the story, that make it enticing. It was so rare for a woman to feel this way back in those days. Edna is truly an admirable character. Her fight for independence against a social world that shows no mercy was a courageous task to try and accomplish. She tried hard and even though she failed, it is her strength in which she fought that captured

Significance of neural plasticity on visual perception

Significance of neural plasticity on visual perception Introduction Purpose Neural plasticity as concept describes the process through which the brain adapts itself and rewires to the environment. Such a process is manifested in both the physical and chemical nature.Advertising We will write a custom proposal sample on Significance of neural plasticity on visual perception specifically for you for only $16.05 $11/page Learn More Against traditional psychologists who previously opined that the brain is developed fully in the infancy period, the contemporary psychologists have demonstrated that the brain is an organ that has actively altered the older neurons for new ones with the changing environment for adaptation while learning new information and creating new memories (Simons and Chabris, 1999). The environment in which the brain is related is its nature, and is largely defined by what the brain gets exposed to. Thus, this research proposal attempts to explicitly establish the significance of neural plasticity on visual perception. The independent variable is perception while the dependent variables are neural plasticity and personality. The study will adopt direct participation and secondary approaches. Motivation The level at which the brain gets adaptable to the environment is dependent on the critical periods on which it is susceptible as it develops its basic network. In its neural plasticity, the brain develops ability to adapt to changes in environment as stimulated by nerves which connect it to the external environment to images. As a process, neural plasticity entails three major brain mechanisms; anatomical, metabolic and neuron chemical process. This process is useful in strengthening the existing connections to visual images. It is thus necessary to explore the relationship between neural plasticity and perception of visual images. Previous research In attempting to orientate the arguments in this paper to practicality of neural plasticity, the paper highlights experiments in which neural plasticity has been evidenced. The first of such examples was performed on rats.Advertising Looking for proposal on health medicine? Let's see if we can help you! Get your first paper with 15% OFF Learn More The experiment demonstrated that postnatal or prenatal stress on specimen produced a range of variations in the levels of neurotransmissions in the brain. Such levels were observed on the catecholamine, serotonin and the opiate. When a similar experiment was performed on pregnant rhesus monkeys, the ones that were pre-exposed stress delivered offspring with permanent neurological changes. Subsequent reports revealed permanence in the control and memory states that appeared impaired. Similarly, same survey conducted with pregnant women, suggested noticeable effects on the circumference of their babies’ heads. Methodology This research will use secondary data since a lot of research has been carried out on the dependent and independent variables. The observers will be requested to randomly pick images from the research materials and offer a brief description in terms of color, texture and size. The participants will be expected to answer the questions in the shortest time possible after observing ten images. The relationship between the dependent and independent variables will demonstrate the process of neural plasticity by aligning the discussion to development of image perception. Besides, the variables will also be tested for their relationship to repetitive occurrences and constant change of images with different themes. The relationship that might exist between the dependent and independent variables is that perception is directly dependent on neural plasticity. Possible Findings The social influence takes course with the rationality to identify and classify visual images. This is dependent on neural plasticity and the personality of a person.Advertising We will write a custom proposal sample on Sign ificance of neural plasticity on visual perception specifically for you for only $16.05 $11/page Learn More Research implications This study is necessary to establish the correlation between the actual images and visual perception in the external environment. The findings of this study will seal the research gap which currently functions only on the influences of the external environment on perception. Psychologists might use the results of this study to learn the neural plasticity and its relationship to visual interpretation of images. Reference Simons, D., Chabris, C. (1999). Gorillas in our midst: sustained in-attentional blindness for dynamic events. Perception Journal, 28(1), 1059-1074

Qatar Airways Marketing Strategy Case Study Example | Topics and Well Written Essays - 3500 words

Qatar Airways Marketing Strategy - Case Study Example Brand Management as a marketing strategy was started by Procter & Gamble. It seeks to increase the perceived value of the product or service to the customer, and effect a corresponding increase in sales. A good brand name should be-- legally protectable, easy to pronounce, easy to remember, easy to recognize; attract attention, suggest product or service benefits or suggest usage, suggest the company or product/service image, and distinguish the positioning of the product or service relative to the competition. (Wikipedia)In this age of globalization, Nation Branding has become a strategic marketing approach for many industries including the airline's industry.The inventor of Nation Branding in its modern form is Singapore's, Lee Kuan Yew. He defined what Singapore was, promoted it worldwide, and introduced a set of values and discipline for Singapore's citizens, using advertisements to help educate the population. Nation Branding is practiced by many states, including the United Sta tes and the United Kingdom, South Africa, New Zealand, and most Western European countries. Developing economies also use Nation Branding to create more favorable conditions for foreign direct investment, tourism, trade and diplomatic relations with other countries. Almost majority of international airlines use Nation Branding, such as— British Airways, Canadian Airlines, Singapore Airlines, Siberia Airlines, Japan Airlines, Qatar Airways, Philippine Airlines, Saudi Air, Gulf Air among others. Nations have become brands when for decades, researchers have studied â€Å"country of origin.† When there are two products labeled â€Å"Made in Mexico† and â€Å"Made in Japan,† consumers will consistently choose the â€Å"Made in Japan† product.. In 1998, a British marketing consultant named Simon Anholt took this concept a step further. He wrote an article in a trade journal, arguing that places and nations themselves are brands. Anholt received numerous calls from officials around the world seeking his services. In the world of nation branding, flags become logos, national anthems advertising jingles. When customers buy a pair of Calvin Klein jeans they are not just buying a few pounds of denim, they are buying the Calvin Klein experience. Simon Anholt said nation branding works the same way. (Weiner, 2006) According to Anhold, countries have reputations and

Individual Rights and Climate Change Essay Example | Topics and Well Written Essays - 6250 words

Individual Rights and Climate Change - Essay Example According to the research findings climate change will have major impact on people all over the world. Majority of the world’s population is susceptible to threats such as interruptions to water supply; raise in the severity of hurricanes, floods and famines, coastal erosion as a result of sea level increase; and to harmful human health effects, for instance, by means of an increase in the range as well as spread of disease. The effects of climate change are also a specific concern within the Asia Pacific region. In accordance with the fifth report from the â€Å"Working Group on Climate Change and Development, Up in Smoke? Asia and the Pacific released in November 2007†, the human drama of climate change will mostly be carried out within Asia, where more than 52 percent of the world’s entire population - more or less 5 billion people - lives. While responding to climate change, governments have conventionally tackled it as an environmental issue or more recently , as a fiscal one. Up until now, the communal as well as human rights inferences of climate change have little awareness. Yet the human costs of climate change openly intimidate basic human civil rights; â€Å"rights to life, to food, to a place to live and work, rights that governments have an obligation to protect†. One UN official states that global warming as well as severe weather conditions may have disastrous effects on the human rights of millions of individuals. Eventually, climate change may have an effect on the very right to life of a number of individuals; nations have a responsibility to prevent and deal with some of the â€Å"direst consequences that climate change may reap on human rights† (Godrej, 2006, p. 39). Equity concerns as well take place within the climate change perspective due to its inconsistent effect on already susceptible individuals as well as communities (Alston et al, 2007, p. 66). As said by the UK Secretary of State for the Environme nt, communally, climate change creates intense queries of impartiality and justice â€Å"between generations, between the developing and developed worlds; between rich and poor within each country† (McAdam, 2010, p. 62). The test is to discover a reasonable allocation of tasks as well as human rights. States have a positive responsibility to safeguard individuals against the danger created for civil rights by climate change, irrespective of the causes. The most successful way of easing this is to implement a civil rights based approach to strategy as well as governmental reactions to climate change; an advancement that is normatively supported by global civil rights values and that is aimed at encouraging as well as defending human rights (O’Brien et al, 2010, p. 43). Second part of this paper focuses on the human rights aspects of climate change. Particularly, it tries to find out how the human rights enclosed within the major global mechanisms are in jeopardy by the effects of climate change. Third part then goes on to focus on what responsibilities are imposed on countries, in both global as well as domestic regulation to act in response to these threats. Fourth part focuses on how nations may accomplish their human rights responsibilities, in the perspective of climate change reactions; arguing that a civil

Activities in India Essay Example for Free

Activities in India Essay The development process of CSR strategy in Indian |Banking Sector can be divided into 4 phases. During 1920’s the CSR activities in financial sectors are mainly motivated by charity and philanthropy which does not have a clear planning or message towards society. Between 1914 and 1960 the financial sectors become more concerned over ethical responsibilities and social development to become a good corporate citizen. During early stage of 1970’s the financial sectors become more concern over the legal responsibilities by following rules and regulations while carrying out business activities. After 1980 the Indian financial organisations combine CSR into a understandable and sustainable business Strategy. Analysis of CSR Activities of Indian banking companies At present banking sectors are under immense pressure from investors, share holders, NGO’s to perform the business in more on ethical and responsible way(Bhattacharya 2004). But in Indian Banking sectors CSR activities are considered to be on the lower side while comparing other countries and the government has not adopted any rules and regulations for carry out CSR. The Reserve Bank of India who controls all banks of India sense that the CSR activities in both public sector and private sector banking are lacking while compare to other countries. In order to improve the CSR activities in Banking Sectors the RBI issued a notification on 2007, advising all banks to improve the CSR activities by helping the cause of sustainable development with full cooperation from boards. The RBI also advised all banks to combine the environmental and social concerns in their business activities which will have a positive effect on stake holders and society Even though lot of Indian banks are still not considered CSR seriously, Some Public and private banks like SBI, SIDBI, Punjab National Bank, ICICI Bank, HDFC Bank, Union Banks, etc. are doing some good initiative as a part of CSR . While carrying out CSR activities the key areas Indian banking sectors considered are environment and community. Some of the recent CSR initiatives provided by different banks in India are listed below. Environment To make an appeal in environmental and ecological interest, energy efficient buildings are provided by Reserve Bank of India also to decrease the substance which cause harm to ozone layer some of the air condition plants are replaced by RBI in various banks. Small Scale Industries which are involved in energy saving projects are provided by Small Industries Bank In India(SIDBI) which will encourage them to perform well. State Bank of India(SBI) is providing an innovative approach towards CSR by introducing â€Å"Green Banking†. The green banking is concerned with sustainable and ethical banking. The main purpose of green banking is to increase the awareness of environmental friendly programme and to reduce the carbon foot print which effects the environment negatively. The green channel counter method has been adopted by SBI to change their branches to paperless which is a good policy against deforestation. To prevent pollution and to increase recycling procedure, SBI has Started â€Å"Panet Earth† which helps the society in reducing the waste and to preserve water and energy. Community As child labour is one of the major problems faced by India, the children below 14 years who are from low income group are provided with free education by ICICI bank. This bank also provides various awareness programs on HIV/AIDS. With the Support of NGO’s the Punjab national banks are implementing various technical programmes for better education to people from rural areas and also they are providing â€Å"micro credit policy† which helps the society in increasing income level and reducing unemployment. To help in increasing local economy, more than hundred villages are adopted by Bank of Baroda (BOB). Some of the small commercial banks are also undertaking various CSR activities like blood donation, health camps, welfare activities of students, self employment opportunities, etc. The Impact of CSR on Indian Banking Sector According to research conducted by Pava and Krauz(1996)there is positive relationship between CSR and Financial performance of the organisation. On the other side some researches from Hopkin and cove(2003)proved that there is chance of negative impact on share price and brand image on organisations as a result of socially irresponsible practices and bad CSR strategies. According to the survey conducted by Bihar and Pradhen (2011) CSR has positive impact on performance and image of the bank. For example, ICICI one of the leading Indian Commercial Banks was able to improve the brand image and profit of the business with fine CSR strategies. So the CSR activities will help to improve the performance of the bank by giving the banks good brand image. By less consumption of office stationeries, energy and water operational costs of the organisations can be reduced, helps to maintain good relationship with the stakeholders, by adopting eco friendly products health hazards of the employees can be reduced. Thus it can be said that the CSR activities help the banking sector to perform the business with Legal and Ethical responsibilities there by making the organisation a good corporate citizen.

The Quest of the Holy Grail Essay -- Analysis, Galahad

Galahad was a Knight of the Round Table of Arthurian legend. He is almost always portrayed as the pure knight, and for this he is rewarded with the Holy Grail. He is mentioned in many writings in history including 12th century Cistercian monk writing The Quest of the Holy Grail, Sir Thomas Malory’s Selected Tales of King Arthur and his Knights, and Alfred Lord Tennyson’s Sir Galahad. After reading the next several pages, one should begin to understand the similarities and differences portrayed in these writings, along with some others. The reader will explore how Galahad resists temptation, his quests including the Holy Grail, any romantic encounters including God, and how the writings presented may contradict. After completing the reading the reader should be able to note in what ways Galahad is similar or different in early and modern writings. The first writing selected is The Quest of the Holy Grail. An unknown author wrote this selection though believed to be a 12th century Cistercian monk. As the title implies the main story is in fact the spiritual quest for the Holy Grail. The Holy Grail in this case being the platter from which Jesus Christ served bread at the Last Supper. The Grail is full of many rewards to whoever achieves it including eternal life, and the ability to heal some ailments. Galahad is first presented in this novel by three nuns, â€Å"a youth so fair and so well-made that it was hard indeed to find his peer (Quest 33).† Lancelot then knights him unbeknownst of who he is. A few pages later, a quest is presented to Arthur and his Knights. It is a sword inlayed into a stone, with gold writing that reads, â€Å"none shall take me hence but he at whose side I am to hang. And he shall be the best knight in th... ...alahad is portrayed still as a noble knight, however not that of the Lord, instead a Pagan. Galahad is also similar in age to Lancelot and Arthur, therefore making it seem that the reference of Lancelot being Galahad’s father is nonexistent. There is also no Grail quest, and thus eliminates the motive of God that drives Galahad in all other writings presented. In conclusion, Galahad is portrayed in the presented writings as pure, and the knight of God, for whom the Grail is saved. Throughout the selected readings, there are remarkable similarities showing this, however very few differences. As noted, Galahad does endure many tasks, and resists many temptations of sin. The reader should now have a better understanding of how Galahad is presented in early and more modern works, including each author’s depiction, and the qualities, which they entitle to Galahad.

Playing Beatie Bow Essay

What does Abigail learn about the importance of the family? Discuss how Ruth Park represents her characters and ideas about the family using (3) novel and language techniques In the novel Playing Beatie Bow by Ruth Park, the protagonist Abigail learns about the importance of the family. She is a headstrong fourteen-year old girl who has had troubles in her own family, but when she is transported to the Rocks, 1873, and meets the Bow family, she realizes her selfish ways. From her experiences with them Abigail learns that in any situation every family member, including herself, must demonstrate the key elements of keeping a family together. These include love, forgiveness, support and understanding. Ruth Park uses many techniques that illustrate the main theme of the novel – how Abigail learns about the importance of the family. In Playing Beatie Bow Abigail learns that love and forgiveness are vital elements in keeping a family together. Abigail is an unforgiving child, especially towards her divorced parents. To Abigail, â€Å"her father was a king† and the metaphor emphasizes how much she adores him. However when her father â€Å"went off with another lady†, Abigail is so outraged that she hits him and refuses to forgive him. Abigail’s unloving attitude was causing the family to fall apart, and she realizes this with â€Å"sickish surprise† when she meets the Bow family in 1873. Gibbie Bow is an ill boy; a â€Å"self-important little monster† to Abigail. The metaphor emphasizes Abigail’s dislike for â€Å"unlovable and obnoxious† Gibbie, so when she realizes â€Å"Dovey’s devotion to the child, her sleepless nights and endless patience†, she is hit with â€Å"embarrassed astonishment†. The continuous descriptive language emphasizes the shock Abigail feels when she recalls her own attitude towards her family compared to the loving and forgiving Bows. When she returns to her own time, Abigail forgives her parents and realizes how much she loves them. She displays love and forgiveness which she has learnt from her experiences with the Bows. Another lesson Abigail learns about the importance of the family is that families support each other in hard times. The Rocks in 1873 is a dangerous world where many die from diseases or war. Abigail’s time is â€Å"paradise compared with Beatie’s own time†, and the metaphor emphasizes how harsh the living conditions of 1873 are. The Bowsâ€℠¢ mother passed away Dovey, still a young lady, devotes herself to the Bows and Abigail as if she were a mother. Mr. Bow suffers mental issues due memories of his wife’s death and when he drinks alcohol and goes mad he  says: â€Å"I dunno if I’m on head or heels†. The author includes the Scottish idiom to emphasize the Bows’ unsophisticated language as well as the helplessness of Mr. Bow. He cannot play his role as a father properly, so at fourteen years old Judah begins to earn money as a sailor, looking after the family like a father. The Bows and even Abigail rely on him and seem to â€Å"absorb vitality from him†. Park has used the metaphor to show how trustworthy and supportive Judah is. Abigail learns from and even joins in with the Bows as they support each other in this cruel world, each playing their role to keep the family together. Abigail learns the importance of understanding in a family from her experiences with the Bow family. Whe n her father leaves, Abigail is too â€Å"wrapped up† in her own problems to comfort her mother even though Kathy was just as troubled. The author uses the metaphor to accentuate Abigail’s inconsideration towards others’ feelings. The â€Å"precious† Gift is an ability only Bows own, and as Abigail has a role in preserving it, she is kept from escaping 1873. At first she believes it is â€Å"absolutely repulsive† and refuses to stay, but as she feels closer to the family she begins to understand the importance of the Gift to the Bows. Later Abigail plays her role by saving Gibbie and Dovey from â€Å"bluish tongues of flame† in a fire. The use of personification of the flames emphasizes the frightening experience of the fire and Abigail’s will to risk her life to save Gibbie. By having to accept her role with the Gift, Abigail learns about understanding and being unselfish towards her family. In Playing Beatie Bow, Ruth Park illustrates the lessons Abigail learns about the importance of the family. Although she was selfish and unforgiving at the beginning of the novel, through her experiences with the Bows Abigail learns to display the key elements in keeping a family together. She learns how to love, forgive, support and understand her family, and this allowed her to mature and realize the importance of a family.

Nathaniel Hawthorne s Young Goodman Brown - 894 Words

1) In 175 words or more, take two of the romantic characteristics we discussed in class and explain how they are demonstrated in at least two of the stories we read. In â€Å"Young Goodman Brown†, I found several romanticism characteristics to be in this story. One being, the emphasis on feelings and emotions. Nathaniel Hawthorne writes, â€Å"The cry of grief, rage, and terror was yet piercing through the night, when the unhappy husband held his breath for a response.† The cry of anguish and pain are very applicable to the protagonist idea in this story. Brown also expresses feeling when he doesn t want to leave his wife Faith, but he feels that it s his role to go because of his families past. He doesn’t want to go, but in a way, he does. This is him showing feelings because, he expresses to his wife, that he doesn t want to go. I also found emphasis on an individual to be another characteristic. The story is highly revolved around one person, about a man who m ust fight through trials and problems to adapt to the new world around him. I think it shows individualism because its just based on one person instead of multiple. In Rip Van Winkle, the romantic characteristics that stand out are: use of imagination, and a deep love for nature. The enchanted sleep is very imaginative, because when he goes to the woods, he drinks a heavy liquor and ends up falling asleep for 20 years. He wakes up and returns to his village, and everything is different. He doesn’t recognize the town orShow MoreRelatedNathaniel Hawthorne s Young Goodman Brown1543 Words   |  7 PagesIn Nathaniel Hawthorne s short story of Young Goodman Brown, the author uses symbolism and allegories in order to showcase the Puritan faith as well as man s conflict between good and evil. This analysis will break down the techniques that the author uses to critique the puritan society and to show the difference between how people appear to be in society and the true colors that they are hidden inside of them. There has been a lot of great authors in our time, but none more interesting thanRead MoreNathaniel Hawthorne s Young Goodman Brown1065 Words   |  5 PagesWhen it comes to the topic of Nathaniel Hawthorne’s Young Goodman Brown, most of us will readily agree that duplicity is a major theme in the piece, or the idea of different versions of reality. Where this agreement usually ends, however, is on the question of whether Hawthorne is implying that man is inherently evil. Whereas some are convinced that Young Goodman Brown was good until tainted by the Devil, others maintain that he was evil from the beginning and was completely aware of the evil heRead MoreNathaniel Hawthorne s Young Goodman Brown905 Words   |  4 PagesThough Nathaniel Hawthorne is an author of many great works, his short story â€Å"Young Goodman Brown† still stays relevant because it has themes and subjects that are relatable in today s world. In the story â€Å"Young Goodman Brown,† Good man Brown leaves his wife Faith, to go into the woods near Salem to have a meeting with the devil. Appearance vs. reality is shown in â€Å"Young Goodman Brown† through the plot, the character of Goody Cloyse, and the symbol of the maple staff. The characterRead MoreNathaniel Hawthorne s Young Goodman Brown1312 Words   |  6 PagesWithin Nathaniel Hawthorne s short story Young Goodman Brown (p.317), Young Goodman Brown travels through a dark and mysterious forest late at night. Ignoring the pleas of his pure wife Faith, he ventures deep into the woods with many dangers around him, only to emerge in the morning a changed man with bewildered views on his own Puritan life and the Puritan community around him. At the cause for this change in mindset, the dream of an old man symbolizing the devil appears, showing him the communityRead MoreNathaniel Hawthorne s Young Goodman Brown Essay1274 Words   |  6 PagesIn Nathaniel Hawthorne’s â€Å"Young Goodman Brown,† the devil says, â€Å"Evil is the nature of mankind† (â€Å"Young† 627). Since Adam and Eve ate the forbidden fruit and attempted to hide conceal their sin from God, humans have tried to hide their sin from others. Although ever yone sin is human nature, everyone has a different reaction to sin. While some acknowledge sin, others ignore it. In Hawthorne’s other short story, â€Å"The Minister’s Black Veil,† Father Hooper wears a black veil to represent the sin heRead MoreNathaniel Hawthorne s Young Goodman Brown Essay1449 Words   |  6 Pages â€Å"Young Goodman Brown† is a short story that is filled with symbols and mystery. Nathaniel Hawthorne provides plenty forms of symbolism for readers to digest. Hawthorne displays strong faith as the greatest virtue for a man or woman, and when the faith is compromised, one can be filled with skepticism and uncertainty towards the rest of the world. The story begins as a conventional allegory, creating the expectation that the characters will be able to consistently display the abstractions they symbolizeRead MoreNathaniel Hawthorne s Young Goodman Brown1695 Words   |  7 Pagesstory, Young Goodman Brown, by Nathaniel Hawthorne is set in Puritan New England. Hawthorne uses symbolism, description, scenery, and Goodman’s journey to illustrate and symbolize the battle of good versus evil. In the first scene, we see how Young Goodman Brown leaves his wife, Faith, to start on his â€Å"evil† journey through the woods. Though Faith asks him to stay with her, he chooses to continue on even though he knows the evilness lies ahead. As the story continues, we see how Hawthorne uses FaithRead MoreNathaniel Hawthorne s Young Goodman Brown1492 Words   |  6 PagesIn Nathaniel Hawthorne’s short story of Young Goodman Brown, the author uses symbolism and allegories in order to showcase the Puritan faith as well as man’s conflict between good and evil. This analysis will breakdown the techniques that the author uses to critique the puritan society, and to show the difference between how people appear to be in society and the true colors that they are hidden inside of them. There has been a lot of great authors in our time, but none more interesting than NathanielRead MoreNathaniel Hawthorne s Young Goodman Brown2532 Words   |  11 PagesNathaniel Hawthorne’s short story, â€Å"Young Goodman Brown,† demonstrates how Goodman Brown leaves his wife, Faith, to do an errand within the woods with a man that is believed to be the devil. During the time period in which this took place, the 1620’s, many of the people from the village were practicing Puritanism. Puritanism is an intense practice of religion retrieved from Protestants, only removing its Catholic influence. When Goodman Brown entered the woods to meet the devil, he soon turned intoRead MoreNathaniel Hawthorne s Young Goodman Brown1975 Words   |  8 PagesNathaniel Hawthorne, is the author of the short story â€Å"Young Goodman Brown,† that was written in 1835 (Baym 370). Hawthorne was born in Salem Massachusetts on July 4th, 1804. Hawthorne’s ancestors were of the Puritan descent, and among the first settlers of Massachusetts (Baym 370). During his teen years, Hawthorne was reading stories by British novelists Henry Fielding, Tobias Smollet, and Sir Walter Scott. When he was sixteen he wrote his sister of wanting to become an author and relying of support