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

Composed task - Essay Example The data in the video is firmly connected to section 9 practices appeared in age 12. The key data straightforwardly identified with adoration, includes administration and financial commitments to the people out of luck. Love involves thinking about one another in the midst of hardship, and furthermore being worried about the intrigue and government assistance of our neighbors who are encountering testing circumstances and needing assistance. The administrations gave to poor neighbor incorporate, intentional clinical administrations, lawful exhortation, and even budgetary counsel administrations. Financial help can be utilized to obtain essential necessities like clinical supplies to support meriting cases. Page 10 of part 9 additionally has fascinating parts of adoration. The objectives are planned for guaranteeing love through protecting the enthusiasm of others in the general public. Diminishing vitality use by grasping vitality effectiveness shows love. This is on the grounds that it targets defending nature to help both present and people in the future. Effective vitality sources are viewed as green, and in this way naturally

Relationship Between Organization, Structure and Culture

Connection Between Organization, Structure and Culture Prelude Our task is identified with the subject Organization and Behavior. We gathered data from different sources which incorporates web, books, and class notes and by talking various divisions of Mobilink GSM. We were dismissed a few times by the association yet at the same time finishing this task was fascinating and was brimming with understanding. We trust our work will be valued. Result first: Errand for P1: Association characterized: Working through explicit arrangement is called as association. Authoritative structure: In authoritative structure we mastermind individuals into gatherings and various divisions. Hierarchical structure gives the pathway to the arrangement of inclusion that drives a business, separating it into zones or divisions that are answerable for specific parts of the associations reason. An association separates occupations among representatives to accomplish their objectives all the more productively. There are diverse key components which will assist us with creating an association structure .we will talk about them beneath Work specialization: At the point when an individual play out certain occupation a few time on day by day bases, that individual get ongoing to that particular undertaking and become experienced by carrying out that responsibility over and over, this is called as work specialization. Points of interest: Through work specialization level of proficiency increments in representatives. Weaknesses: Employees can become bore by doing same assignment over and over. Absence of intrigue may increment by doing same assignment over and over. Departmentalization: Departmentalization is the blend of four offices working division, showcasing office, HRM office and money office. This is the way toward performing various errands, promoting items, overseeing assets (recruiting representatives, apparatus and so on) for various assignments and giving spending plans to performing diverse of various offices. Utilitarian departmentalization Item departmentalization Geographic departmentalization Procedure departmentalization Client departmentalization Useful departmentalization: In useful departmentalization people groups are assembled by the work they practice. Gatherings of individuals at that point perform comparative undertakings and utilizations comparative materials. Gatherings are then additionally isolated into sub divisions. Favorable circumstances: Efficiency of representatives increments by accomplishing same work over and over. Recruiting/terminating and preparing of representatives gets simpler. Every office will be answerable for their undertakings. Hindrances: In this structure correspondence, coordination is poor and responsibility gets troublesome in this structure. http://static.flatworldknowledge.com/locales/all/documents/imagecache/book/27984/fwk-collins-fig06_008.jpg (htt) (Figure demonstrating practical departmentalization) Item departmentalization: In item departmentalization work is gathered based on fabricated products they produce. Model Nestle company utilizes item departmentalization method for their wide scope of items. Settle produces various items like Nestle food, Nestle Beverages, Nestle Baby care items and so on is constrained by administrators who have full duty regarding their items. http://www.emeraldinsight.com/content_images/fig/3300080301004.png (htt1) (Figure indicating item departmentalization) Geographic departmentalization: In this sort of structure departmentalization happens based on district, territory. Model Standard Chartered Bank has their branches nearly in each city of Pakistan. Like head division of Standard Chartered Bank is in Karachi and their branches are spread over every other city of Pakistan. Points of interest: Services can be effectively accessible for representatives. Representatives fulfillment increments by giving them benefits in each city. Administration of one office in one city can be not the same as another office in another city. This may make a few issues. Duplication of assets by having bunches of supervisors and staff. Absence of correspondence with head office is the drawbacks. Procedure departmentalization: In process departmentalization office are compose to perform specific occupation. The individuals from staff are assembled to focus on explicit occupation. In process departmentalization specialization increments since laborer needs to concentrate on single errand. Model: Making Passport, ID Card and so forth. Levels of leadership: A levels of leadership set up the line of power inside the association. It causes representative that to whom they will be capable. Its beginning with the governing body and reached out down through the different level in chain of importance to where fundamental capacity of the association completed. Centralization: Centralization is where top directors take choice; in centralization authority and force stay with high-class chiefs. Lower level representative are not impressive that much significant. Decentralization: Decentralization is the proportional of centralization. Here arranging and dynamic are conveyed among representatives. Decentralization has a few advantages contrast with centralization Workers get inspired by including them in dynamic Dynamic get quicker. coordination improve through association Network structure: Network structure is mix of a few unique plans need to join their advantages and stay away from there disadvantages. Representatives need to answerable for two bases. Hierarchical Culture: Definition: A particular arrangement of running, controlling which speaks to and recognizes an association from another association Or then again Physical picture of an association that is values, getting, demeanor, standards of an association Attributes of association culture: Authoritative culture assumes significant job in the improvement of an association. Its gives unmistakable incentive to association, it smoothen way for advancement and hazard taking, it gives steadiness to association. Some more qualities of association structure are clarified beneath. Predominant worth: As the name shows predominant qualities are explicit characteristics of an individual or an association. Significant estimations of an association or individual are called as prevailing worth. Rules: Complete system of an association for new coming workers and to the current representatives. All representatives must comply with all the principles and guidelines of an association. Model, what opportunity to arrive, when to leave, what to do and what not do and so forth. Association atmosphere: Is physical format of an association that is how the structure of an association, is it all around enriched, how are representatives of association, their dress their mentality toward customers and so on? Model: Standard Charted Bank. At the point when we go there we will see that building would be pleasantly adorned, all the workers will have legitimate uniform and so forth which is the physical portrayal of Standard Chartered Bank Theory: As we probably am aware for an association costumers are top dog in light of the fact that without costumer association can't run. Reasoning is the fundamental attribute of an association culture in light of the fact that here we accentuation on the best way to get clients and how act costumers. Group direction: Group direction is another remarkable attribute of hierarchical culture. People or gatherings of people are assembled to perform various exercises of an association. Advancement and hazard taking: Taking a shot at new thing is called as development, presumably advancement is very hazardous however it tends to be useful for an association. https://static.flatworldknowledge.com/locales/all/records/imagecache/book/30774/fwk-woodworker fig08_005.jpg (htt2) Model review association culture: Mobilink GSM: culture of Mobilink GSM is to absolutely fulfill client and investors needs, their predominant qualities incorporate business brightness, certainty trustworthiness esteem for open, corporate social obligation. Sub Culture: Sub culture is essentially a culture with in a culture, similar to each association has its particular culture then in association each division has its own way of life that is style of working controlling of advertising office is not quite the same as money office and comparably culture of HR office is distinctive that showcasing office. Creating Organizational Culture: While building up a culture there are a few components which influence authoritative culture at an extraordinary, of which some are clarified beneath. Financial conditions: Financial conditions has extraordinary effect on association culture in such a case that the ideal opportunity for an association is prosperous so certainly associations will be searching for advancements, new thoughts and so on yet then again if time isn't prosperous, there are swellings for an associations so no uncertainty association will confront a ton of issues. Development: Development or structure implies how are assignments requested. In adaptable organized association representatives are roused by giving them rewards and so on. Representatives are given acceptable working condition. Then again if the structure of association is unpleasant so certainly representatives will be demotivated this will diminish their advantage level of work. Administration style: Pioneer must actualize such guideline and guidelines which are both advantageous for workers to follow just as gainful for association. It is up to the pioneer how he controls an association. Evolving Culture: Changing hierarchical culture is immense intense undertaking as per master it takes 8 years for an association to change their way of life overall, yet generally associations adjust their negative culture. Change in culture can be made by changing crucial vision of an association and so on. A few elements which are assuming extraordinary job in changing association culture are depicted underneath. Strategic Vision: So as to change authoritative culture changes must be made in the strategic vision articulation of association. As strategic vision is correspondence reason to partners, crucial vision for an association sh

Taking a Look at Issac Essay Samples

Taking a Look at Issac Essay SamplesIf you are a student, you should consider taking a look at the many websites that offer the various forms of essay samples. You might be wondering if these website forms are the same as the ones that are offered by the college or university. Well, there is some general similarity between the two but there are also differences as well.The first form that you should consider taking a look at is the essay form that is provided by the online high school or college. There are many different versions of this form that are offered by different companies. The format for this form is an essay question and answer format. This is done with a computer and a line of text as well as a number of letters or words that are printed on the screen.This form is then followed by a brief opinion part. The student will also be asked to supply some details about themselves and some of their opinions and experiences. The Internet has a number of people that are really knowl edgeable about writing so you are going to get a good feeling about what your essay will look like once it is complete.Next, you should take a look at the other online sites that offer sample essays. Many of the ones that you are going to find are not going to be the exact form that you will have to use. But they are certainly going to be close enough. These online sites will provide the various types of essay samples that are typically used.Each of these will offer you different examples of each type of form. There are also essay samples that are based on the subjects of science and math. This is something that students should look at because it gives them an idea about what the essay will look like before it is actually submitted. If you have ever been to college you know that they don't actually provide you with the essay sample but they do provide you with the essay topic and the type of opinion that are required.While there are many different forms of sample essays that you wil l find, this doesn't mean that you won't need to write anything larger than a small, or even a large number of essays. This is because many colleges and universities now require that you write at least one essay in order to enter the program. You will most likely be required to complete this type of project so it is important that you get some practice in writing them.As long as you get some practice writing essays it shouldn't be too difficult to write something that you will be proud of when you see the end result. It's also a good idea to take a look at some of the many different sources that are out there that offer the different types of samples. Doing this will allow you to know what the different types of forms are like. You will also be able to get a feel for the different types of topics that you can write about.When you begin looking at all of the different resources out there, there are more college and university websites that are offering the form that is commonly used. There are also several essays that are offered at many different sources and that include different forms. You should make sure that you look at all of the options available to you before you start writing the essay.

Funnel Beaker Culture First Farmers of Scandinavia

The Funnel Beaker Culture is the name of the first farming society in northern Europe and Scandinavia. There are several names for this culture and related cultures: Funnel Beaker Culture is abbreviated FBC, but it is also known by its German name Tricherrandbecher or Trichterbecher (abbreviated TRB) and in some academic texts it is simply recorded as Early Neolithic 1. Dates for the TRB/FBC vary depending on the exact region, but the period generally lasted between 4100-2800 calendar years BC (cal BC), and the culture was based in western, central and northern Germany, the eastern Netherlands, southern Scandinavia, and most parts of Poland. The FBC history is one of a slow transition from a Mesolithic subsistence system based strictly on hunting and gathering to one of full-fledged farming of domesticated wheat, barley, legumes, and herding of domesticated cattle, sheep, and goats. Distinguishing Traits The main distinguishing trait for FBC is a pottery form called funnel beaker, a handle-less drinking vessel shaped like a funnel. These were hand-built from local clay and decorated with modeling, stamping, incising, and impressing. Elaborate flint and ground stone axes and jewelry made of amber are also in Funnel Beaker assemblages. TRB/FBC also brought the first use of the wheel and plow in the region, the production of wool from sheep and goats, and the increased use of animals for specialized tasks. The FBC was also involved in extensive trade outside of the region, for large flint tools from flint mines, and for the latter adoption of other domestic plants (such as poppy) and animals (cattle). Gradual Adoption The exact date of the entry of domesticated plants and animals from the near east (via the Balkans) into northern Europe and Scandinavia varies with the region. The first sheep and goats were introduced into northwestern Germany 4,100-4200 cal BC, along with TRB pottery. By 3950 cal BC those traits were introduced into Zealand. Before the advent of the TRB, the region was occupied by Mesolithic hunter-gatherers, and, by all appearances, the change from Mesolithic lifeways to Neolithic farming practices was a slow one, with full-time agriculture taking between several decades to nearly 1,000 years to be fully adopted. The Funnel Beaker culture represents a massive economic shift from almost total dependence on wild resources to a diet based on tended cereals and domestic animals, and it was accompanied by a newly sedentary mode of life in complex settlements, the erection of elaborate monuments, and the use of pottery and polished stone tools. As with the Linearbandkeramic in central Europe, there is some  debate about whether the change was caused by migrants into the region or adoption of new techniques by the local Mesolithic people: it was likely a little of both. Farming and sedentism led to population increases and as the FBC societies became more complex they also became socially stratified. Changing Landuse Practices One important piece of the TRB/FBC in northern Europe involved a drastic change in land use. The darkly forested woodlands of the region were environmentally impacted by the new farmers expanding their cereal fields and pastured areas and by timber exploitation for building construction. The most important impact of these was the construction of pasturages. The use of the deep forest for cattle foraging is not unknown  and is practiced even today in some places in Britain, but the TRB people in northern Europe and Scandinavia deforested some areas for this purpose. Cattle came to play a prominent role in the switch to permanent farming in the temperate zones: they served as a food storage mechanism, surviving on fodder to produce milk and meat for their humans over the winter. Plant Use Cereals used by TRB/FBC were mostly emmer wheat (Triticum dicoccum) and naked barley (Hordeum vulgare) and lesser amounts of free-threshing wheat (T. aestivum/durum/turgidum), einkorn wheat (T. monococcum), and spelt (Triticum spelta). Flax (Linum usitatissimum), peas (Pisum sativum) and other pulses, and poppy (Papaver somniferum) as an oil plant. Their diets continued to include gathered foods such as hazelnut (Corylus), crab apple (Malus, sloe plums (Prunus spinosa), raspberry (Rubus idaeus), and blackberry (R. frruticosus). Depending on the region, some FBC harvested fat hen (Chenopodium album), acorn (Quercus), water chestnut (Trapa natans), and hawthorn (Crataegus). Funnel Beaker Life   The new northern farmers lived in villages made up of small short-term houses made of poles. But there were public structures in the villages, in the form of ditched enclosures. These enclosures were circular to oval systems made up of ditches and banks, and they varied in size and shape  but included few buildings within the ditches. A gradual change in burial customs is in evidence at TRB sites. The earliest forms associated with TRB are substantial burial monuments which were communal burials: they began as individual graves but were reopened again and again for later burials. Eventually, the wooden supports of the original chambers were replaced with stone, creating impressive passage graves with central chambers and roofs made of glacial boulders, some covered with earth or small stones. Thousands of megalithic tombs were created in this fashion. Flintbek The introduction of the wheel into northern Europe and Scandinavia occurred during the FBC. That evidence was found at the archaeological site of Flintbek, located in the Schleswig-Holstein region of northern Germany, about 8 kilometers (5 miles) from the Baltic coast near the town of Kiel. The site is a cemetery containing at least 88 Neolithic and Bronze Age burials. The overall Flintbek site is that of a long, loosely connected chain of grave mounds, or barrows, approximately 4 km (3 mi) long and .5 km (.3 mi) wide, roughly following a narrow ridge formed by a glacial ground moraine. The most prominent feature of the site is Flintbek LA 3, a 53x19 m (174-62 ft) mound, surrounded by a curb of boulders. A set of cart tracks were found beneath the most-recent half of the barrow, consisting of a pair of ruts from a wagon fitted with wheels. The tracks (direct-dated to 3650-3335 cal BC) lead from the edge to the center of the mound, ending at the central location of Dolmen IV, the last burial construction at the site. Scholars believe these were laid down by wheels rather than tracks from a drag cart, due to the wavy impressions in the longitudinal sections. A Few Funnel Beaker Sites Poland: Dabki 9Sweden: AlmhovDenmark: Havnelev, Lisbjerg-Skole, SarupGermany: Flintbek, Oldenburg-Danau, Rastorf, Wangels, Wolkenwehe, Triwalk, Albersdorf-Dieksknà ¶ll, Huntedorf, Hude, Flà ¶geln-Eekhà ¶ltjenSwitzerland: Niederwil Sources Bakker JA, Kruk J, Lanting AE, and Milisauskas S. 1999. The earliest evidence of wheeled vehicles in Europe and the Near East. Antiquity 73(282):778-790.Gron KJ, Montgomery J, Nielsen PO, Nowell GM, Peterkin JL, Sà ¸rensen L, and Rowley-Conwy P. 2016. Strontium isotope evidence of early Funnel Beaker Culture movement of cattle. Journal of Archaeological Science: Reports 6:248-251.Gron KJ, and Rowley-Conwy P. 2017. Herbivore diets and the anthropogenic environment of early farming in southern Scandinavia. The Holocene 27(1):98-109.Hinz M, Feeser I, Sjà ¶gren K-G, and Mà ¼ller J. 2012. Demography and the intensity of cultural activities: an evaluation of Funnel Beaker Societies (4200–2800  cal BC). Journal of Archaeological Science 39(10):3331-3340.Jansen D, and Nelle O. 2014. The Neolithic woodland – archaeoanthracology of six Funnel Beaker sites in the lowlands of Germany. Journal of Archaeological Science 51:154-163.Kirleis W, and Fischer E. 2014. Neolithic cultiv ation of tetraploid free threshing wheat in Denmark and Northern Germany: implications for crop diversity and societal dynamics of the Funnel Beaker Culture. Vegetation History and Archaeobotany 23(1):81-96.Kirleis W, Klooß S, Kroll H, and Mà ¼ller J. 2012. Crop growing and gathering in the northern German Neolithic: a review supplemented by new results. Vegetation History and Archaeobotany 21(3):221-242.Mischka D. 2011. The Neolithic burial sequence at Flintbek LA 3, north Germany, and its cart tracks: a precise chronology. Antiquity 85(329):742-758.Skoglund P, Malmstrà ¶m H, Raghavan M, Storà ¥ J, Hall P, Willerslev E, Gilbert MTP, Gà ¶therstrà ¶m A, and Jakobsson M. 2012. Origins and genetic legacy of Neolithic farmers and hunter-gatherers in Europe. Science 336:466-469.

Was Albert DeSalvo the Boston Strangler

The Boston Strangler operated in the Boston area during a two-year span in the early 1960s. The Silk Stocking Murders is another epithet given to the same series of crimes. Though Albert DeSalvo confessed to the murders, many experts and investigators have doubts about his involvement in the crimes. The Crimes Beginning in June 1962 and ending in January 1964, 13 women were killed in the Boston area, mainly by strangulation. Most of the victims were found with their own nylons wrapped several times around their neck and tied with a bow. The murders occurred generally twice a month, with a brief respite from the end of August to the first week of December  1962. The victims ranged in age from 19 to 85 years of age. All were sexually assaulted. The Victims Most of the victims were single women living in apartments. No sign of breaking and entering was evident and investigators deduced that the victims knew their attacker or his ruse was sufficiently clever to allow him to gain admittance to the home. DeSalvos Arrest In October of 1964, a young woman reported that a man claiming to be a detective tied her to her bed and began to rape her. He suddenly stopped, apologized, and left. Her description helped police to identify DeSalvo as the assailant. Several women came forward to accuse him of accosting them when his picture was released to the newspapers. His Childhood Years Albert Henry DeSalvo was born in Chelsa, Massachusettes on September 3, 1931. DeSalvos father beat and abused his wife and children. By the time he was 12, DeSalvo had already been arrested for robbery and assault and battery. He was sent to a correctional facility for a year and worked as a delivery boy upon his release. In less than two years, he was readmitted to the facility for car theft. Army Years After his second parole, DeSalvo joined the army and did a tour in Germany. This is where he met his wife. He was honorably discharged for disobeying an order. He reenlisted and was accused of molesting a nine-year-old girl while stationed at Fort Dix. The parents declined to press charges and he was again honorably discharged. The Measuring Man After his discharge in 1956, DeSalvo was arrested twice for robbery. In March of 1960, he was arrested for burglary and confessed to the Measuring Man crimes. In this series of crimes, DeSalvo would approach good-looking women posing as a fashion model recruiter. He then fondled the victims under the pretense of taking their measurements with a tape measure. Again, no charges were filed and he spent 11 months on the burglary charge. The Green Man After being released, DeSalvo allegedly began his Green Man crime spree, so named because he dressed in green to commit sexual assaults. He is reputed to have raped over 300 women (as many as six a day) in four states over a two-year period. He was arrested in November of 1964 for one of these rapes and remanded to Bridgewater State Hospital for evaluation. Was Albert DeSalvo the Boston Strangler? Another inmate, George Nassar, turned DeSalvo into the authorities as the Boston Strangler in order to collect the reward that was offered for information concerning the stocking murders. It was discovered later that Nassar and DeSalvo made a deal that part of the reward money would be sent to DeSalvos wife. After being identified by Nassar, DeSalvo confessed to the Boston Strangler murders. Problems occurred when the only survivor of the Boston Strangler failed to identify DeSalvo as the attacker and insisted that George Nassar was her attacker instead. DeSalvo was never charged with any of the Boston Strangler murders. Famous lawyer F. Lee Bailey represented DeSalvo on the Green Man crimes, for which he was found guilty and received a life sentence. DeSalvo was stabbed to death by another inmate in Walpole Prison in 1973.

Patient Centered Pain Control Of Elderly People With Dementia

Patient Centered Pain Control in Elderly People with Dementia There is a growing geriatric population of people with dementia (the subpopulation) throughout the world that are living in pain constantly. Because dementia as a condition with multifaceted symptomology manifested by advancing overall decline of cognitive ability, it causes severe and distinctive barriers to pain assessment and pain management in this subpopulation. The existence of multiple comorbidities, polypharmacy and the declining cognition in this subpopulation results in a much more complex pain symptomology. Zwakhalen, Hamers, Abu-Saad, and (replaced with and) Berger, (2006), explain that common behaviors associated with pain may be absent or difficult to interpret in this subpopulation because some dementia symptoms may be an indication of pain, but such behavior, however, might also be incorrectly interpreted as a symptom of dementia. Therefore, pain in this subpopulation is exceptionally challenging to evaluate and manage as a result of this difficulty. Although there have been many improvements in health care, pain in this subpopulation is often undertreated and at times it is not addressed at all. Behavioral expressions of untreated pain in this subpopulation are common and the inappropriate prescription of psychotropic medication to mask the behavioral manifestations of pain instead of addressing the pain causing the behavioral symptoms is the norm (Achterberg et. al., 2013, p. 1479).Show MoreRelatedPatient Centered Pain Control Of Elderly People With Dementia2244 Words   |  9 PagesPatient Centered Pain Control in Elderly People with Dementia There is a growing geriatric population of people with dementia throughout the world that are living in pain constantly. 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Behavioral expressions of untreated pain in this population are common and the inappropriate prescription of psychotropic medication to mask the behavioral manifestations of pain instead of addressing the pain causing the behavioral symptoms is the norm (Achterberg et. al., 2013, p. 1479). Untreated pain in this population is also a majorShow MoreRelatedPatient Centered Pain Control Of Elderly People With Dementia6067 Words   |  25 Pagesâ€Æ' Patient Centered Pain Control in Elderly People with Dementia There is a growing geriatric population of people with dementia (the subpopulation) throughout the world that are living in pain constantly. Because dementia as a condition with multifaceted symptomology manifested by advancing overall decline of cognitive ability, it causes severe and distinctive barriers to pain assessment and pain management in this subpopulation. The existence of multiple comorbidities, polypharmacy and the decliningRead MoreAnalgesic and Facilitator Pain Assessment5740 Words   |  23 Pageswritten reference page in APA format †¢ Another format approved by your facilitator Pain Assessment in Persons with Dementia: Relationship Between Self-Report and Behavioral Observation Ann L. Horgas, RN, PhD,ÃÆ' Amanda F. Elliott, ARNP, PhD,w and Michael Marsiske, PhDz OBJECTIVES: To investigate the relationship between self-report and behavioral indicators of pain in cognitively impaired and intact older adults. DESIGN: Quasi-experimental, correlational study of older adultsRead MoreDementia: How and Whom Does It Affect?5576 Words   |  23 PagesRunning Head: DEMENTIA: HOW AND WHOM DOES IT AFFECT? 1 Dementia: How and Whom Does it Affect? Liberty University COUNS 502 B-23LUO Instructor: Dr. Richard Pace Shelly M. 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Looks like schizoid personality disorder to me. the therapist being quoted is using what instrument to make the diagnosis theres nothing out there for me. i cant stand other people, and i cant stand myself, either. I am just really mad right now. such a statement would most likely be made by someone with which personality disorder what is over there? asks the chi ld, pointing to a distant object, Does it belong to you?Read MoreHealthcare Management Practices For Occupational Therapists2234 Words   |  9 Pageshealth care services provided under primary care, which is non-allied health care. Practitioners can make better health care management possible through improvement of patient emotional and psychological well-being. 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Economic Development of A Region Samples †MyAssignmenthelp.com

Question: Discuss about the Economic Development of A Region. Answer: Introduction The economic development of a country is one of the primary goals and objectives of the governing authorities of the country and is also the primary requirement for the overall increased welfare of the residents of the country as a whole. In terms of economics, economic development can be defined as the strategic policy approaches by the governing authorities of a region, which helps in improving the overall quality of life in terms of income, health, education, employment and other welfare indicators (Leigh and Blakely 2016). Economic development of a region, however, cannot be achieved by the policy framing and implementations of the central governing authorities only and the local governments of the regions are also equally responsible for taking the region on the path of sustainable development. This is mainly because there remain several problems and characteristics in the regions, which are subjective to the region itself and can be more efficiently handled by the local government, which remains better aware of the same than the central authorities do. In this context, the assignment takes into account the city of Parramatta, in the New South Wales, which have been developing consistently in economic and commercial terms and is currently becoming a busy and populous corporate area in Australia. The region being highly economically active, it is one of the primary duties of the city council of Parramatta to emphasize on the economic development of the region to make it commercially as well as residentially sustainable in future (Cityofparramatta.nsw.gov.au, 2017). Role of Local Council of Parramatta in economic development As discussed in the above section, it is of immense importance of the local governing authority of any region to focus on the economic development of the concerned region as much of the welfare of the residents and the economic and overall prospects of the region as a whole depends on how efficiently the region develops. The city of Parramatta is no exception. The local council of the city plays significant roles in the planning and execution of the development strategies in the economy. There are several areas in the economy of the region, which specifically have scopes of development and on the basis of which the roles of the local governing authorities of the city of Parramatta can be discussed. These areas and the respective roles are discussed in the following section: Small Business and Employment The city of Parramatta, in the recent period, has been developing as one of the commercial attraction in the country, especially in the New South Wales and is currently having a thriving commercial sector which if utilized properly can facilitate more integrated and sustainable growth of the small businesses in the region. One of the primary privileges of the region in this aspect is the business friendly and accommodating environment of the region (McGuirk, Dowling and Bulkeley 2014). However, there are still scopes of improvements in this aspect and the local council in this aspect, which includes the following, can play certain roles: Lowering of the existing barriers and fund allocation problems which pose as hurdles, especially for the new small businesses and the start-ups Emphasizing on the improvements of the innovation environment and on making provision for easy infiltration of new age technologies which in turn can have positive implications on the business environment of the region Promotion of small businesses and attraction of investments in this aspect with the help of small business expo events Tourism and Cultural Economy The City of Parramatta is a conglomeration of diversity and is a representation of different cultures staying in harmony. The city being one of the recent commercial attractions along with the cultural diversities, if promoted correctly, can become one of the primary tourist attraction in the country, attracting both domestic as well as international visitors from across the world. This in its turn can contribute significantly in the economic development of the region as tourism, in general, contributes significantly in the GDP of the countries, if developed and promoted appropriately (Baker and Ruming 2015). The local council, in this aspect, has been already working effectively. However, there can still be several improvements and inclusion, which can be done on their part: Promotion of establishment of new cafes and restaurants as gastronomic tourism, as a new form of pleasure travel, has been gaining significant popularity in the contemporary periods Ensuring safety of the residents and the travelers in the city, especially emphasizing on the night time safety of the residents and visitors. This can be done by the local government by focusing on improvement of night lighting system of the city and improving the security framework of the city Increasing scopes of expansion of the commercial area for entertainment including musical entertainment, theatres and fun activities across the country Education and Training In the development of any economy, it is of considerable importance for the local government to focus on the development of the skill set of the people living in this region, especially the youth of the population. For the purpose of the same, the education and the training provisions of the same has to be developed by the local government of the region as it has direct implications in improving the productivity of the workers, which in its turn results in higher economic productivity and a better standard of living in the region (Gilbert et al. 2013). The local government of the country has emphasized on the development of proper educational infrastructures and the city already has huge scopes of employment for its residents. The roles, which the local council can take in this aspect, are as follows: Implementations of up-skilling programs, especially in the universities Job targeted training for the students, starting from the school levels only Re-oriented courses which go by the needs of the city, which includes shorter courses, administration related courses and others Conclusion From the above discussion, it can be concluded that the City of Parramatta has been developing as one of the newest attraction in Australia and the region has developed itself from a under-developed suburb to a region of huge commercial interests. Much of the success can be attributed to the efficient working of the local government. However, there are still several scopes for further economic development and the local government needs to play several crucial roles in this aspect. References Baker, T. and Ruming, K., 2015. Making Global Sydney: spatial imaginaries, worlding and strategic plans.International Journal of Urban and Regional Research,39(1), pp.62-78. Cityofparramatta.nsw.gov.au (2017).ECONOMIC DEVELOPMENT PLAN 2017 -2021. [online] Cityofparramatta.nsw.gov.au. Available at: https://www.cityofparramatta.nsw.gov.au/sites/council/files/2017-05/Draft%20Economic%20Development%20Plan%202017%20-%202021.pdf [Accessed 27 Nov. 2017]. Gilbert, R., Stevenson, D., Girardet, H. and Stren, R., 2013.Making cities work: Role of local authorities in the urban environment. Routledge. Leigh, N.G. and Blakely, E.J., 2016.Planning local economic development: Theory and practice. Sage Publications. McGuirk, P., Dowling, R. and Bulkeley, H., 2014. Repositioning urban governments? Energy efficiency and Australias changing climate and energy governance regimes.Urban Studies,51(13), pp.2717-2734.

Importance of Financial and Non-Finacial Information Essay Sample free essay sample

John Keells Holdings PLC ( JKH ) is Sri Lanka’s largest listed pudding stone in footings of market capitalisation. Company has been able to tag its presence in all major industry spheres it operates including Transportation. Leisure. Property. Consumer Foods A ; Retail. Financial Services and Information Technology. among others. The aim of this study is to critically discourse whether fiscal information is likely to give a better indicant of the likely future success of the concern than non fiscal information. The aim will be achieved through a elaborate survey get downing from placing the strategic planning. commanding and determination doing procedure of JKH Leisure sector. managed through John Keells Hotels ( Pvt ) Limited and. analysing the extent of the usage of fiscal and nonfinancial indexs. tools and information within the procedure. The analysis will be supported by the published literature on the usage of fiscal and nonfinancial information in determination devisin g with related illustrations. We will write a custom essay sample on Importance of Financial and Non-Finacial Information Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Related informations will be gathered from the company web site. one-year studies and the internal beginnings. Upon completion of the analysis countries to be improved will be highlighted with appropriate recommendations. The whole procedure is designed with the purpose of heightening the cognition of application and utility of fiscal and nonfinancial information in the procedure of informed determination devising. 1Introduction to John Keells and its Leisure BusinessJohn Keells Holding ( JKH ) is the Sri Lanka’s largest capitalized company listed on Colombo Stock Exchange ( CSE ) . It is an AAA ( lka ) recognition rated company by Fitch Ratings Lanka Ltd. Presently the company involvement in major concern countries of Transportation. Leisure. Property. Consumer Foods A ; Retail. Financial Services and Information Technology. The beginnings of the company lies in a green goods and exchange broking concern started by two Englishmans. Edwin and George John. in Colombo. in the early 1870s. In October 1986 a freshly incorporated John Keells Holdings Ltd. ( JKH ) acquired a commanding interest in John Keells Limited and obtained a citation on the Colombo Stock Exchange amidst a to a great extent over-subscribe/d public portion issue. The companies procedure of variegation today has resulted in a 70-member pudding stone. The parent house. now known as John Keells PLC. became a populace quoted company in 1974. Share information of the group Beginning: JKH Aannual Report 2011/2012 JKH became the pioneering Sri Lankan company to be listed in a foreign state. through the issue of Global Depository Receipts ( GDRs ) . which are listed in the Luxemburg stock exchange. The Group’s investing doctrine is based on a positive mentality. bold attack. committedness to bringing and flexibleness to alter. ( JKH Group Highlights. 2011/12 ) JKH is an active member of the United Nations Global Compact enterprise and a full member of the World Economic Forum. The leisure sector is the JKH’s individual largest net plus exposure. The sector operates locally and internationally via City Hotels. Sri Lankan Resorts. Maldivian Resorts. Destination Management and Hotel Management. Company owns two metropolis hotels which represents 40 % of Colombo’s five star room capacity and renders its services through its two trade names ‘Cinnamon Hotels and Resorts’ and ‘Chaaya Hotels and Resorts’ . JKH Corporate Vision Building concerns that are leaders in the part.Valuess†¢Innovation – Changing invariably. re-inventing and germinating †¢Integrity – Making the right things ever†¢Excellence – Constantly raising the saloon†¢Caring – Fostering a great topographic point to work†¢Trust – Building strong relationships based on openness and trust Group Share Information *Adjusted for the sub-division and redemption of portionsBeginning: JKH one-year Report 2011/2012 1. 1Leisure Sector Financial profile for the fiscal twelvemonth 2011/2012 ?Key Indexs 1. For associate companies the capital employed is representative of the Group’s equity investing in these companies 2. No of employees and EBIT per employee are excepting the employees of associate companies 3. Carbon footmark is calculated excepting associate companies Beginning: Management Analysis and Discussion 2011/2012 ?Leisure sector part to JKH Group Beginning: Management Analysis and Discussion 2011/2012 Harmonizing the graph above 20 % of the gross is being generated soon by the leisure sector. In footings of the composing. the Leisure sector is the primary subscriber with 33 % of EBIT as consequence of the improved profitableness. ?Group Capital Assets and Liquidity Beginning: JKH one-year Report 2011/2012 ?Group Economic value added Beginning: JKH Group highlights 2011/2012 1. 2Nonfinancial information All around the universe the concern and client focal point is driven towards edifice and pull offing sustainable concerns. This freshly emerged concentration is due to the diminishing resource degrees. negative environmental impacts and the increased influence of concern organisations on the planetary economic system than most of the authoritiess. Harmonizing to the United Nations statistics about 60 % of organisations are among the highest subscribers of the planetary Gross Domestic Product ( GDP ) . In other words. about 60 % of the concern organisations are more influential on the economic. societal and environmental facets of the universe than the authoritiess. Fiscal information entirely is refering to the baseline foundation of a sustainable concern. the economic facet. An organisation is unable to accomplish sustainability without the economic ability and strength to ease the operation of other two facets of the ternary bottom line. viz. societal and economic. At the same clip . the modern twenty-four hours organisations will non be able to accomplish any economic success if they lose concentration of the other two facets. Hence. a concern can be successful if all three factors are being secured in harmoniousness. the connexion between the ternary bottom line is reciprocally good. Presented below are some of the information which will supply a better penetration to the public presentation of JKH and its leisure sector. towards a sustainable concern. ?Sector high spots Beginning: Management Analysis and Discussion 2011/2012 John Keells Maldivian Resorts Private Limited ) won the gold decorations for service excellence from TUI. the parent company of many taking circuit operators. This was a consequences of the accomplishments development attempts took topographic point refering to service. ?Ratings†¢Fitch Ratings Lanka affirmed JKH’s National Long-Term evaluation of â€Å"AAA† on history of its strong balance sheet and steady public presentation. †¢In August 2011. JKH was ranked foremost in the LMD Magazine’s ‘Most Respected Entities in Sri Lanka. ’ Company held this evaluation consecutively for six old ages. since the origin of the study in 2005. †¢Secured the Business Today magazine’s ‘Top 20’ rankings for the seventh clip. †¢Ranked as the figure one of ‘Top 50’ Sri Lankan listed companies for 2010/11. by the LMD magazine. ?Risk Management and Sustainability JKH has established a cardinal map unit for Sustainability and Enterprise Risk Management. turn outing the fact the company has given necessary accent to run as a sustainable entity doing certain the ternary underside line ( economic. societal and environmental ) of the company is strengthened. ( the organizational construction is attached as an annexure ) The sustainability indexs of JKH are as follows: Beginning: JKH Group highlights 2011/2012 JKH’s attempts towards sustainability were commended at the 2011 ACCA Sustainability Awards as the first in the ‘large graduated table. ’ On the other manus JKH manages the hazards of the operations for the best involvement of its stakeholders and the Sri Lankan economic system as a whole. placing the domain of influence of its operations. Consequently. the company publishes its comprehensive sustainability study yearly so that the interest holders can acquire a better image of the company’s hereafter waies. 2Literature Reappraisal The universe experienced the negative planetary impacts stemmed from the accounting failures of some corporate giants such as Enron. Worldcom. Xerox. and AOL/Time Warner who were able to window-dress first-class fiscal public presentation indexs. In twelvemonth 2000. Fortune magazine’s study on Most Admired Companies. rated Enron as the most advanced big company. Unfortunately in the undermentioned twelvemonth. the Enron’s stock monetary value touched the close nothing underside from $ 83. 13. Palepu and Healey. 2003. in the publication â€Å"Enron† . have identified the grounds for Enron’s failure due to the restrictions of fiscal coverage restrictions and administration and intermediation failures. Listed below is a brief treatment of the fiscal coverage restrictions listed by the writers ; ?Mark-to-mark accounting Enron was spread outing its concern theoretical account through come ining in to trading understandings with other companies and adopted the mark-to-market accounting to acknowledge and describe the income of those trading understandings. In other words the present value of the expected hereafter hard currency flows of the trading understandings were matched with the present value of the expected hereafter costs of put to deathing the same understanding. in geting at the profit/loss of the contract. The accurate appraisal of the hereafter hard currency flows of these long term contracts was questionable and the unfulfilled additions were non hedged. ?Skirt accounting regulations in describing for Special Purpose Entities ( SEPs ) In making the Enron’s trading theoretical account it had created 100s of SEPs. These entities have been created to hedge accounting regulations. so that Enron’s liabilities ( debt ) were understated and the equity and net incomes were overstated in the fiscal statements. ( e. g. Acquisition of a spouses interest in a joint venture utilizing the particular purpose entity Chewco ) . As a consequence Enron had to reinstate the fiscal statements from 1997 to 2000 which included a 23 % ( $ 613 million ) decrease of reported net incomes. 6 % ( $ 628 million ) addition of reported liabilities and 10 % ( $ 1. 2 billion ) decrease in reported equity. Further. Enron disclosed minimum information about these off-balance sheet particular purpose entities to stockholders whilst pass oning a incorrect image about fudging the downside hazards of investings where. there was no existent hedge from a 3rd party. In decision. in the instance of â€Å"Enron the chief jobs were failures by the company and its hearer to unwrap contingent liabilities of the SPEs. non consolidation per Se. ( Litan. 2002 ) ?Other accounting jobsIn October 2001. Enron had to compose off 22 % ( $ 1011million ) of its capital outgo as non-performing SPEs. His is a contemplation of hapless investing analysis procedure of Enron. which has considered merely the forecasted hereafter gaining without sing the non-financial information to endorse the investing determination. The article â€Å"Enron: Did the fiscal coverage theoretical account truly neglect? † 2003. suggests that. if commercial entities unwrap more relevant information apart from fiscal information. such dirts may non reiterate in future. Here raises the inquiry. what is relevant information apart from fiscal information? Harmonizing to the writers. the relevant information can be non fiscal public presentation indexs such as the rates of client growing and keeping. open hazards of an entity ( such as procedure hazards. environmental hazards and hazards associated with sensitive information ) Demand for corporate revelation arises from the information dissymmetry job and bureau struggles between direction and outside investors ( Healy and Palepu. 2001 ) . In 1994. The American Institute of Chartered Public comptrollers ( AICPA ) appointed a particular commission on Financial coverage came up with the thought that its of best involvement of all stakeholders if the concern entities use a more comprehensive theoretical account for describing instead than a fiscal study. The suggested comprehensive theoretical account in their sentiment has to be comprised of advanced non fiscal information covering the facets of hazard direction. This thought of describing non merely historical information but futuristic information every bit good has been confirmed by Epstien and Palepu. 1999. How the universe can minimise the chance of reoccurrence of such corporate failures which puts in to oppugn the acceptableness and regard of accounting and scrutinizing professionals. Litan ( 2002 ) suggest that the universe should hold one set of accounting criterions to heighten the comparison of information to investors across national boundary lines. In the twelvemonth 2002 Financial Accounting criterions Board ( FASB ) and the International Accounting Standards Board ( IASB ) . the chief accounting criterion compositors announced their purpose to extinguish the major differences between the two sets of criterions by 2005. The modern-day direction Peter Drucker. one time highlighted the importance of public presentation measuring utilizing one of his celebrated expressions ‘what gets measured gets managed’ . He emphasizes that no individual step can supply a clear public presentation mark or concentrate hence attending on the critical countries of concern public presentation of today’s complex organisations is indispensable. This created the demand for a balanced position of concern public presentation which provided the basic logic or principle for the Balanced Scorecard ( BSC ) . Robert Kaplan and David Norton developed the BSC in the early 1990s. Today it is a hot subject among the concern community and faculty members worldwide. BSC is more than a public presentation measuring technique and considered it to be a direction system ( Butler et al. . 1997 ) BSC measures organisational public presentation across four different but linked positions that are derived from the organization’s vision. scheme and aims. Those are: ?Financial Perspective – How do we look to stockholders? ?Customer Perspective – How do clients see usInternal Business Perspective – What must we stand out atInnovation and Learning perceptive – Can we go on to better and make value? Below is a graphical representation of a BSC Beginning: Balancedscorecard. org BSC is a comprehensive direction tool ( Ahn. 2001 ) . which helps to derive a better apprehension on cardinal issues faced by an organisation. to obtain a balanced position of public presentation. to assist to turn scheme into action. to better direction information for planning. commanding and determination doing 3Financial Analysis and Strategic Decision Making Process The company performs an in depth analysis of fiscal information with regard to each sector it operates. This enable the comparing of sectors and doing determinations refering the person sector every bit good as the group. 3. 1Strategic Decision doing procedure and Analysis involved The strategic determinations such as concern enlargements. closings. investings and. Identifying Critical Success Factors ( CSFs ) and puting Cardinal Performance Indicators ( KPIs ) follows a really rational procedure and analysis with a focal point towards sustainability. The procedure involves following sequence: ?PESTEL Analysis This is a full environmental scanning. which enables the organisation to achieve a bird’s oculus position of the Political. Environmental. Social. Economic and Legal facets in which its traveling to run. The leisure sector is to a great extent affected by the societal environmental factors and the Macro Economic factors of the place state and mark markets. Leisure sector direction is good cognizant and ever does research to happen out international leisure sector CSFs and KPIs and construct and run concern harmonizing to the identified criterions. ?Financial Analysis The fiscal analysis contains an analysis of the fiscal facets of the specific determination to be made. All facets with respects to the public presentation. impact. and future value is analyzed in item utilizing a assortment of measurings. This fiscal analysis contains the Pay Back Period. Net Present Value ( NPV ) . Internal Rate of Return ( IRR ) . ROE. ROCE and other industry related measurings. ?Sustainability Analysis JKH has implemented a group sustainability policy and applies it across all concern sectors it operates. The sustainability indexs which are with the describing boundaries of the company. such as C emanations. economic value created. regard to the society it operates and employee battle in determinations are taken earnestly. These factors are being measured and compared with group criterions before finalising any economically feasible determination. 3. 2The fiscal and non-financial analysis of JKH Leisure sector ?PESTEL Analysis A elaborate economic analysis completed by JKH is provided as the annexure 4 of this study. It clearly shows that JKH has identifies the chief factors of the macro economic system which affects its strategic and operational determinations and analyses the impact of the same factors. The chief economic factors such as GDP Growth. Inflation. Local and planetary involvement rates and the exchange rate has been identified as most influential macroeconomic factors that affects the concern. E. g. Depreciation of Rupee had a positive impact on City Hotels as rate is being quoted in US dollars. ?Financial Analysis †¢Performance indexs for 2011/2012 ?Revenue Analysis Beginning: Management Analysis and Discussion 2011/2012 Overall gross of the sector has been increased by 26 per cent to Rs. 17. 42 billion from Rs. 13. 81 billion of the old twelvemonth. ?EBITThe EBIT which was Rs. 2. 80 billion in 2010/11. has grown by 59 per cent to Rs. 4. 45 billion. Beginning: Management Analysis and Discussion 2011/2012 ?ROCE and capital employed of each industry group and their comparative EBIT part. Beginning: Management Analysis and Discussion 2011/2012 The above inside informations depicts that the leisure sector earns the highest return for the capital employed compared to other sectors of the group. Consequently this indicates the management’s enterprises towards making value for its interest holders has paid off moderately as JKH is the largest net plus exposure of the group. The sector public presentation has been enhanced by the addition in tourer reachings and improved efficiency and effectivity of the sector. Tourist reachings were up by 31 % than in 2011. Management has justly identified new markets such as the Indian market which has shown a 35 % addition from 2011. ?Economic Value statementJKH as a group reports how much economic value concerns have generated an distributed amongst its stakeholders by pull offing its entire value concatenation as a responsible corporate citizen. The economic value of Rs. 85. 23 billion generated by the company was distributed amongst the concern spouses and the society whilst a 12 % has been kept for future enlargements and strategic investings. Rs. 29. 92 million has been spent on community investings via CSR undertakings. ?Sustainability Analysis ?Carbon FootprintThis is calculated harmonizing to the guidelines of the range 2 of the ‘GHG protocol and company is benchmarking its C footmark per invitee dark. against the major international hotel ironss. Presently the emanations are merely 40Kgs per invitee dark for all hotels of the JKH. Though the company re-launched Chaya Tranz hotel in the 3rd one-fourth. company has been able to cut down the sum sector C footmark by 1 % . Below graph shows the sector part of the C footmark of the group. Beginning: Management Analysis and Discussion 2011/2012 ?Water and Waste ManagementJKH implements group policies to cut down the reuse the H2O ingestion through on-site intervention and close monitoring. 2. 17 Kgs of waste per invitee dark has been sent to landfill and 41 % of waste has been recycled by the sector. ?Learning and DevelopmentCompany provides 38 hours of developing per employee for a twelvemonth. where the entire cell is 4500 employees. The entire figure of lost yearss due to occupational hurts are being continuously monitored as per the demands of the ISO 18000 OHSAS. where many of the JKH hotels have obtained the enfranchisement. ?Environmental and Community DevelopmentJKh hotels have launched several plans to protect the environment and the society it operates. Some of them are viz. . the ‘Project Leopard’ to salvage the Leopard population every bit good as unrecorded stock of husbandmans. Training of Wild Safari landrover drivers of environmental duty. beginning fresh green goods from husbandmans around the hotel locations and substructure development plans in the countries of operation. Training and consciousness plans are being conducted by the company about the serious diseases such as HIV and AIDs. These plans covers the employees. their households and the community the sector operates. Over 19. 000 people are being benefitted from this enterprise. 4Evaluation and Synthesis of Decision Making ProcessThe current determination doing procedure of John Keels Hotels is performed based on a really rational attack. which considers both fiscal and non-financial information. Major determinations taken during the twelvemonth such as closing of two hotels to the full and a portion of a metropolis hotel for renovation. increased usage of Information Technology in concern development. fudging against losingss due to involvement rate volatility and the committedness to â€Å"Sustainable Tourism† are all taken giving equal weight to fiscal every bit good as non-financial information. Tourism industry is really sensitive to planetary economic and societal tendencies and the JKH direction has clearly identified the fact and ever move proactively to procure the market leading and competitory advantage over rivals. E. g The factors that has been taken in to consideration in the hotel renovation determination are: Fiscal Information†¢The EBIT and ROCE growing†¢The expected bead in the plus turnover ratio†¢The Internal Rate of Return and the cost of external and internal fundingbeginnings †¢The expected addition of finance disbursals†¢Availability and extent of external financess Non-financial Information†¢Environmental facets such as addition in the C footmark. waste and energy ingestion †¢Increased criterions of the hotel suites and installations†¢Increased ability to run into the projected high demand However. the undermentioned non-financial facets have been over-sighted by the direction in measuring the determination: †¢effect on the impermanent cell who will be out of employment during refurbishment period †¢the loss for the community around who make a life through traffics with the hotels under renovation †¢the incontinency caused to clients through the inaccessibility of the hotel during the refurbishment period †¢the effects on the good will of the concern caused by inability to run into the full demand The above illustration vouch that the company is doing an attempt to strike the right balance between the fiscal and non-financial information used in determination devising. As company work stoppage to advance sustainable tourer organisation it focuses on environmental facets and some of the employee issues. yet some critical facets refering to the client and society is losing. due to some spread in the parametric quantities used in determination devising. 5Conclusions and RecommendationsThe major failing identified with respects to the information used in the determination doing procedure Idaho that. the CSFs and KPIs are non set as portion of a comprehensive BSC. The CSFs and KPIs are being identified indiscriminately based on research done on the market tendencies. Hence. the balance between all of import concern ingredients of financials. employees. clients and internal procedures are non maintained. The absence of the BSC in make up ones minding the strategic way of the company has made the company chiefly a follower but non a tendency compositor in the international cordial reception and leisure industry. Further. deficiency of a balanced overall CSFs and KPIs may force the organisation to do determinations chiefly based on the widely established and available fiscal facets and miss-out the of import qualitative facets which are non measured. This may dispute the corporate determinations made at present. in the long tally. The be st redress to set up a to the full informed strategic determination devising is to set up a BSC covering all critical facets of the concern which will give equal importance to puting up CSFs and KPIs with regard to Customers and Employees non merely Economic. Internal and Environmental Perspectives. In decision. what stemmed from this survey and the study is that both fiscal and non-financial information plays a critical function in strategic determination devising. The extent to which both information are used may change harmonizing to the aims and values of the organisation and direction. the Critical success factors and Key Performance Indicators identified and implemented. 6Post Report ReflectionThe procedure of fixing this study enhanced my cognition on fiscal analysis by placing the fiscal facets under different headers such as public presentation measurings. liquidness measurings. profitableness and capital construction. This apprehension will decidedly gives me a new and comprehensive position in my future determination devising as I have learnt that the non-financial information excessively plays a critical function in the declension doing procedure. The aggregation of information from the JKH company beginnings extended my professional web and was helpful in larning to gain religion. regard and aid from professional in other subjects out of my profession. which is IT. My chief determination was the of import function a BSC dramas in make up ones minding the strategic way of an organisation instead than being merely a public presentation rating tool. Hence. I believe that the successful version of BSC in any organisation may function as a strategi c direction tool which helps to make a strong competitory advantage for any organisation. Mentions †¢John Keells Holding PLC. Website hypertext transfer protocol: //www. keells. com/†¢John Keels Holdings Annual study for 2011/2012†¢John Keels Holdings Management treatment and Analysis for 2011/2012 †¢Barsky. Noah P. ; Catanach. Anthony H. Jr. ; Rhoades-Catanach. Shelley C. ; Thibodeau. Jay C. Enron: Did the Financial Reporting Model Really Fail ; ( 2003 ) 18 Com. Lending Rev. 5 †¢Epstein. M. J. . A ; Palepu. K. G. ( 1999 ) . Whatfiscal analysts want. Strategic Finance. ( April ) . 42-52. †¢Healy. P. M. . A ; Palepu. K. G. ( 2001 ) . Information dissymmetry. corporate revelation. and the capital markets: a reappraisal of the empirical revelation literature. Journal of Accounting and Economics. 31 ( 1-3 ) ( September ) . 405-440. †¢Healy. P. M. . A ; Palepu. K. G. ( 2003 ) . The Fall of Enron. Journal of Economics Perspectives. Volume 17. Number 2. ( Spring 2003 ) . pp. 3-26 †¢Litan. R. E. ( 2002 ) . National accounting regulations in a glo balised universe: Pro and Contra. CESifo Forum 3/2002 †¢Ahn. H. ( 2001 ) . Using the Balanced Scorecard construct: An experience study. Long Range Planning. 34 ( 4 ) . 441-461. †¢Butler. A. . Letza. S. R. . A ; Neale. B. ( 1997 ) . Associating the Balanced Scorecard to scheme. Long Range Planning. 30 ( 2 ) . 242-253. †¢Malmi. T. ( 2001 ) . Balanced Scorecards in Finnish Companies: a research note. Management Accounting Research. 12 ( 2 ) . 207-220. †¢Drucker. Peter F. . â€Å"The Practice of Management† . 1954. ISBN 0-06-011095-3 †¢ hypertext transfer protocol: //www. balancedscorecard. org

Free Essays on Wage Gap

The Wage Gap â€Å"Since the Equal Pay Act was signed in 1963, the wage gap has been closing at a very slow rate† (Rothenburg 314). According to the US Census Bureau, the gender gap continues to increasingly become smaller (1). Although women continue to earn less than men, the median income for full- time working women increased for the fifth consecutive year in 2001. The median earnings for women in 2001 were $29,215 and $38,275 for men. The median earnings for women with a bachelors degree in 2000 was at a median of $38,200. The men in this category with a bachelor’s degree earned $53,500 for the year of 2000 (US Census Bureau 2). I think that men make more money than women because when women joined the workforce, they were taking the positions as a second income, and settled for lower pay. Women also typically have more household responsibilities, making their paid workday shorter. Not to mention the fact that women bare children, and often need to take long leaves of absence. Men hold higher positions, due to the fact that they have been in the workforce longer than women, therefore, historically, men have higher positions. I think, that men think, that women are not as competent as men. Sometimes I think women also feel as though men are more competent, and this really irks me. Therefore, when men, and some women, are hiring employees, they will choose a man over a woman. Another reason why I think women make less is because they tend to be more timid, and are happy to be offered a job in the first place, where a man is more likely to ask for, and in many cases, demand higher pay. There is also a huge gap in earnings depending on race. In the year 2000, according to the US Census Bureau, Asian and Pacific Islanders make the most money per household median income (2). The median household income for Asians and Pacific Islanders is $55,521. This is about $10,000 more than White, non-Hispanics make. Those of Hispanic orig... Free Essays on Wage Gap Free Essays on Wage Gap The Wage Gap â€Å"Since the Equal Pay Act was signed in 1963, the wage gap has been closing at a very slow rate† (Rothenburg 314). According to the US Census Bureau, the gender gap continues to increasingly become smaller (1). Although women continue to earn less than men, the median income for full- time working women increased for the fifth consecutive year in 2001. The median earnings for women in 2001 were $29,215 and $38,275 for men. The median earnings for women with a bachelors degree in 2000 was at a median of $38,200. The men in this category with a bachelor’s degree earned $53,500 for the year of 2000 (US Census Bureau 2). I think that men make more money than women because when women joined the workforce, they were taking the positions as a second income, and settled for lower pay. Women also typically have more household responsibilities, making their paid workday shorter. Not to mention the fact that women bare children, and often need to take long leaves of absence. Men hold higher positions, due to the fact that they have been in the workforce longer than women, therefore, historically, men have higher positions. I think, that men think, that women are not as competent as men. Sometimes I think women also feel as though men are more competent, and this really irks me. Therefore, when men, and some women, are hiring employees, they will choose a man over a woman. Another reason why I think women make less is because they tend to be more timid, and are happy to be offered a job in the first place, where a man is more likely to ask for, and in many cases, demand higher pay. There is also a huge gap in earnings depending on race. In the year 2000, according to the US Census Bureau, Asian and Pacific Islanders make the most money per household median income (2). The median household income for Asians and Pacific Islanders is $55,521. This is about $10,000 more than White, non-Hispanics make. Those of Hispanic orig...

Mergers and Acquisitions Essay Example | Topics and Well Written Essays - 3000 words

Mergers and Acquisitions - Essay Example The barriers in establishing business units in overseas countries were diluted as a result of globalization. Moreover, it is possible for larger firms to select their own strategies or mode of entry like merger, acquisition, or joint venture to enter in to the overseas market. Competition is becoming tough in every area of business and it is difficult for even big organizations to survive in the market if they fail to implement suitable business strategies to counter the competition. It is now easy for organizations to do business in any country they want because of globalization. Outsourcing and offshoring are some of the major business strategies adopted by organizations in order to exploit the overseas market. On the other hand, some organizations use merger and acquisition (M & A) based business strategies to spread their wings in to overseas countries. Gaughan (2007) explained M & A as a process in which two corporations combined together to form a single one. Moreover, only one corporation survives after the M & A while the merged corporation goes out of existence after the merger process (Gaughan, 2007, p.12). Domestic mergers and acquisitions were popular prior to globalization; however, cross border mergers were not accepted. ... This means cross border mergers have become a reality nowadays. The following chart provides an idea of the size of global merger deals between 2005 and 2007. (Mergers and acquisitions, 2008) â€Å"Cross border mergers and acquisitions (M&As) are a main vehicle for foreign direct Investment. Yet despite its quantitative importance, the determinants of cross-border M&As are still not well-understood† (Brakman et al, 2008, p.1). The benefits of cross border alliances or mergers are not limited to the companies alone. Cross border mergers and acquisitions may add more value to the companies and its stakeholders. This paper analyses the cross border merger and acquisition process and the sources of value added to the stakeholders as a result of this business strategy. Since the theories and principles with respect to cross border mergers are extensive, this paper will not discuss anything about negotiation, finance, alternatives etc. | Cross border merger and acquisition Leading f inancial consultancy Thomson Financial has said that 2006 was a mega-merger year for India: 1,164 deals valued at a total of $35.6 billion as against 1,011 deals worth $21.6 billion in 2005. After the Tata-Corus and Vodafone-Hutch mega-deals, conservative estimates by Indian analysts have pegged mergers and acquisitions (M&As), including outbound and inbound deals involving Indian firms, to reach $100 billion in 2007 (Shankar & Reddy, n. d, p.457) Companies from emerging economies like Brazil, India, Russia and China are currently engaged in acquiring some of the most prestigious companies in America, Europe and Africa (see appendix for some of the statistics of FDI inflows to the host countries as a result of cross border M& A). Recently India’s automobile manufacturer TATA acquired

What does the experience of school by Japanese youth suggest about the Essay

What does the experience of school by Japanese youth suggest about the education for sustainable development In what ways does it resonate in Malaysia - Essay Example As defined by the World Bank Group, Education is the first step for poverty reduction and to increase human development. It is a primordial element to acquire knowledge. It is stated at the top of every state policy they will implement. Each government makes an effort to improve their system of education, because this will benefit their country, particularly their economy, in the long run. As Milton Freidman stated, the government interferes with its citizens’ education to promote the welfare of the society. An educated individual is a great addition to boost a country’s economic growth and to sustain its future needs, provided that he will be able to apply what he had learned from school. Sustainable development is a concept which deals with the balance on how present demands are meet without compromising the future needs of the young generations. This protects a country from exhausting all its natural resources to meet its present needs without undermining its economi c growth. It is how conflicts should be resolved between the present necessities and the economic development, in order to withstand the upcoming needs. Education for sustainable development is one of the most pressing topics in the world. as discussed in the preceding paragraphs, education is a tool for achieving sustainable development. It provides individuals training, discipline and knowledge. It gives guidance to the future work force. However, though the goal of education for sustainable development is towards a positive result, the idea still has negative implications along the way. ESD not only focused on the academic side of education but also how values are being taught to sustain development. The values formation curriculum varies from one country to another. It depends on how closely knit the cultural ties of a certain country (McKeown, Hopkins, Rizi, &Chrystalbridge 2002). Since the subject on values formation is not universally the same, the approach on the students va ries from one country to another. These problems lead us to the question whether the predicaments in the present education will be able to sustain the impending needs of the future generations. In this paper, a comparative analysis will be presented with regard the education for sustainable development in Japan and Malaysia, and its negative implications to its people. The discussion made on this paper has transcendental importance and must be able to provide us a concrete picture of what is happening in these two countries, and to examine whether such will be advantageous in the long run. Japan and its Economy Japan is one of the most looked up countries, especially in Asia, due to its rapid economic progress. According to Asianinfo.org (2011a), tt is the third largest economy in the world. The currency used by Japan is Yen. It implements a semi-pegged foreign exchange. Japan’s leading industries are manufacturing, construction, communication and distribution. All these sect ors are backed by the country’s labor force (Japan-guide.com 2011). In state.gov (2011) it is stated that the work force in Japan is approximately 65.9 million in 2010, which is divided in three main sectors: Services which is composed of 68 percent of the work force, industry with 28% and agriculture with 4 percent. The literacy rate in Japan in 2010 is an outstanding 99 percent. The literacy statistics show that Japan has an excellent educational system. Education in Japan According to Kaori Okano and Motonori Tsuchiya (1999), education plays a major role on the countries development. Education must be able to cope up with the speedy economic growth of Japan. With that, state

Catcher in the Rye Plot Essay Example for Free

Catcher in the Rye Plot Essay When someone is young, they tend to have innocence about them. As children grow up, they no longer possess this natural innocence. Exposure to all of the hatred in the world causes this loss. Holden Caulfield realizes this simple fact, as he himself grows up, and has a difficult time with the change. He experiences problems with communication as well as his school work. A common theme used throughout The Catcher in the Rye has to do with contradictions Holden makes. In J.D. Salinger’s The Catcher in the Rye, first person point of view is used to highlight contradictions Holden makes throughout the novel. Holden’s first contradiction becomes clear in the first few chapters of the book. When it comes to attending movies, he claims that he does not enjoy the company of Robert Ackley or going to see movies. Yet, he attends a show with Ackley. On Friday night, while Stradlater was on a date with Jane, Holden made his own plans. Holden, Mal Brossard, and Ackley went out for a burger and a movie. â€Å"†¦ decided we’d take a bus into Agerstown and have a hamburger and maybe see a lousy movie.†(36) Due to the use of first person point of view, we find out Holden’s inner thoughts instead of just relying on his actions. Also, later on in the novel, Holden goes to yet another movie, despite his claim of not enjoying them. While in the theater, he becomes extremely annoyed with the woman sitting next to him. She cried throughout the entire movie over, in Holden’s words, phony stuff. â€Å"†¦ there was a lady sitting next to me that cried all through the goddam picture. The phonier it got, the more she cried.†(139) We learn about Holden’s inner thoughts because of first person point of view. We can find another contradiction dealing with Holden’s hatred of movies. When he attends the first movie, he goes with Robert Ackley, despite the fact that Holden previously told us that he dislikes him. Holden says that he finds Ackley to be completely annoying. However, he was the one who invited Ackley along. â€Å"I asked Mal if he minded if Ackley came along with us†¦ Mal said he didn’t mind but that he wasn’t too crazy about the idea.†(36) This quote helps show another contradiction of Holden’s through Salinger’s use of first person point of view. Holden also sought out Ackley as a form of comfort after his fight with Stradlater. Holden had no one else to turn to after the fight except for Ackley. â€Å"I had a feel Ackley’d probably heard all the racket and was awake, so I went through the shower curtains and into his room† (46). Salinger again uses first person point of view to show even more of this contraction. Another contradiction that can be found has to do with Sally Hayes. Although Holden calls Sally a phony, he still decides to spend a night with her. In his head, he continues to say how much he hates Sally and how much she annoys him, yet he expresses that he loves her. Holden extends his contradiction by necking with Sally in the back of the cab, and still continues to think about the fact that he hates her. â€Å"I told her I loved her and all. It was a lie, of course.†(125) Holden’s actual thoughts about Sally stick out from the other statements through the use of first person point of view. Holden even goes as far as trying to run away with Sally. He expresses a want of running away and living on their own, right after calling her a pain in the ass. â€Å"I was getting excited as hell the more I thought about it, and I sort of reached over and took old Sally’s goddam hand. What a goddam fool I was.† (132) This contradiction was shown through the use of first person point of view. First person point of view is used by J.D. Salinger to show Holden’s contradictions in the Catcher in the Rye. Holden contradicts himself on a regular basis; it leads him to believe that he is crazy. Due to the fact that he has a problem with communicating to others, letting his feelings out became a challenge. His biggest battle involved his inner thoughts, and the words he actually expressed out loud. We can find most of his contradictions through this battle of words.

Breakfast At Tiffanys Essay -- essays research papers

Breakfast at Tiffany’s by Truman Capote is about the thought that friendship can make a person take drastic measures in helping a friend. The setting is New York City. The point of view is first person limited. Seen through the eyes of the narrator, called â€Å"Fred† ( the main character ), who is a starting writer. I enjoyed the story because it was very interesting to learn and experience life in old New York.   Ã‚  Ã‚  Ã‚  Ã‚  The story starts out, probably in the present time, when â€Å"Fred†, who had now been living in New York for a great deal of time, goes into his friend Joe Bell’s bar for a drink. There he learns the his long time friend, Holly Golightly, is still alive by the use of a photograph from an explorer which shows a wood carving made by a tribesman which bears the uncanny resemblance to Holly. After this encounter, â€Å"Fred† begins to reminisce about his past with Holly and all of their wild adventures.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Fred’s† first meeting with Holly was through his apartment window. Holly Golightly is a nineteen year-old self-sufficient woman. Some of her personality traits are admirable, affectionate, while cold hearted. She is motivated in life by striving for her purpose in life, which is to be rich and famous while keeping her ego. She believes that love is not sexual. Holly, trying to escape a horrible date, decides to visit her new downstairs neighbor. There she practically tells â€Å"Fred† everything about her life. Fred was a na...

What Are the Intended Effects of the Opening of Ridley Scott’s ‘Gladiator’ and How Effective Are They?

Ridley Scott's ‘Gladiator' was released in 2000 and won five Oscars (Academy Awards); including â€Å"Best Film,† â€Å"Best Visual Effects† and â€Å"Best Director.† Scott cast some well known actors such as Russel Crowe and Richard Harris. Some reports suggest it cost an amazing à ¯Ã‚ ¿Ã‚ ½145 million. The casting of Crowe as Maximus was significant because he is able to portray a very well built, physically strong, battle-hardened leader. The character of Maximus contrasts with the casting of Harris as the ageing Emperor with his gaunt and tired looking features. From the very outset of the film, the director employs a sepia effect coupled with a dark, overcast almost monochrome effect. These combine to give the impression of imminent tragedy as well as conveying that the events are set in the distant past. The director has even asked the production companies ‘Universal' and ‘DreamWorks' to make their logos' sepia to show continuity. The historical information provided helps the audience to place the film in a historical context. The use of old Roman font for the text further reinforces the context and genre. The information is factual, gives names and information of real people. It is clear that this is going a historical, action film but with a central theme about power, control and one man's fight for his freedom from the killing and slaughter. The first shot is an extreme close up, when you would normally expect an extreme long shot to see the scene. The extreme close up is focusing on the actor's hand floating through the grass. The slow quiet music helps to make the shot dreamlike. The main character seems calm because he is stroking the grass and he is wearing a wedding ring to show he is a family man. After the slow close up shot the director shows the character alone on the battlefield which makes the previous scene a definite dream. To establish that it was a dream the director jumps from a slow calm shot to a medium close up on the character in a more dark and gloomy shot. The character's armour and wolf-skin shows that he is an important man. The cut to a robin (a bird usually seen in winter) with a dark background tells the audience that it is winter. After seeing the robin a small smile fights its way on to his face, which shows he is not just a gory, ruthless fighter and that he does have a gentle side. The extreme long shot is good to set the scene of the battlefield, which is a dark and gloomy forest. The name of the location ‘Germania' is Roman for Germany, by using the Roman language it helps to establish the fact that it is an old, Roman film. This shot is more dramatic because it contrasts heavily with the previous dreamlike shot of the hand floating through a calm cornfield. The slow music (adagio) starts off the extreme long shot making the atmosphere calm and gentle, it also makes it ominous because the adagio music is playing in the battlefield shot. When the shot begins to zoom in the music becomes more lively and action packed just as the army starts coming into view so you know that they are going to war. The music includes trumpets and a few drums which makes the shot more martial. The sudden change in atmosphere and music starts to build up the tension and expectation that a great deal of action is imminent. As the shot moves to Marcus Aurelius, the audience can see that he is an important character. He is wearing gold along with a purple cape. The purple cape shows he is royalty because to make the colour purple a tiny sea creature called a Murex Mollusc was required. This creature was very rare and large quantities were required to make a small amount of dye. Therefore, purple garments were highly prized status symbols. Whilst zooming inward the camera shot used is a low angle which makes Marcus Aurelius seem very high on his horse. He is also just watching the war not doing anything and he has got a stern looking bodyguard. The director emphasises General Maximus' authority by using a medium close up as he walks along all of his troops. Everyone is focused on him; they move out of the way, bow down and are always calling him sir to show complete respect. The costume he wears defines his authority, he wears more armour than the rest of his army and he is also wearing wolf-skin. The director stresses Maximus' authority and respect by making his word final, the director shows this in the following quote, â€Å"The range is good† this is the sentence where Maximus cuts off the other soldier, also â€Å"†¦is acceptable†, then, â€Å"agreed†, Maximus speaks in a very low, quiet, considered tone of voice but the soldiers still listen with no question which shows their respect for him. In the pre-battle motivational speech to his men, Maximus uses the type of language that his men can understand to encourage and motivate them. â€Å"Three weeks from now I will be harvesting my crops. Think were you want to be and it will be so.† Here he is making them think positive about the future and set a goal for themselves. He then jokes that if they find themselves all alone they are already in Elysium (Roman afterlife). But then he uses a phrase that seems quite out of character for a tough, brutal general of an aggressive, imperial Roman army, â€Å"What we do in life echoes in eternity.† This line instantly marks out Maximus as having a spiritual and sentimental aspect to his character. There are many differences between the Romans and the German Tribesmen, for instance when Maximus is giving his speech all of his troops are in formation quietly listening and fully concentrating, by contrast the German Tribesmen are shouting and not giving any attention. The fighting style of the Romans is orderly, synchronised and they are in a perfect battle formation, the Tribesmen are in disorganised running around like a rabble. The Romans are equipped with matching armour and similar weapons whilst the Tribesmen have animal skins and rough individual weapons. The Romans appear to have a complete strategy and are disciplined, the Tribesmen just rely on their brute strength, and even their appearance is barbaric. The director helps to establish the difference between the two sides by taking the shots of each side one after the other. Toward the end of the battle the director employs a technique that seems completely unexpected. As the battle is raging, there is loud martial music with lots of trumpets, drums and war cries. However as the battle is coming to a conclusion and the Roman army is on the verge of victory, the director switches to slow motion shots and an adagio score. Instead of seeing triumphant Romans celebrating their victory and listening to triumphant music, the audience is left in a slightly confused state. It is almost as if the director is trying to communicate the futility of the death and destruction. As the last of the Germans are being slaughtered and fires are raging in the background the only human sound is the sound of heavy tired exhalation of breath, Even blood splattered, exhausted Maximus' triumphant cry, â€Å"Roma Victor!† and his soldiers' cheers are almost lost in the adagio. Then in a scene that seals the futility of war, the camera focuses a tired, old, weary Emperor as he takes a deep breath and closes his eyes in an expression that reveals his sad resignation that another battle has been won. At first glance, I just thought â€Å"Gladiator† was simply going to be a â€Å"blood and guts film,† But having watched it with greater attention, I believe it is a truly great film. Ridley Scott has carefully constructed an opening scene that brings out the futility of war and one mans struggle to be free. Scott had used many different effects such as; slow motion photography, quick change in atmosphere and an almost monochrome set with the orange of burning fires and sepia tones. The musical score has switched between triumphant martial music and a slow adagio hinting of imminent tragedy and sadness. Even the minimal dialogue between the characters complements the director's intended effect. Overall this is a magnificent opening scene.