Sunday, August 23, 2020
Entrepreneurship Successfully Launching New Ventures
Question: Recognize a business thought for another endeavor fire up, and to clarify why you figure your thought would be a significant and achievable one to seek after in the commercial center? Answer: Presentation The term enterprise alludes to a procedure of starting another business or other organization that have attainability in the market. The business visionary at first builds up a plan of action that is trailed by accessibility of human and different assets for offering shape to the creative thought of the business person (Barringer and Ireland, 2012). The business visionary is absolutely liable for the accomplishment too disappointment of the thought or administration. For fruitful usage of the thought or administration, the business person need to experience the practicality issues, for example, target showcase, authoritative attainability, industry achievability and monetary possibility for comprehension to what degree the thought will be plausible in the cutting edge advertise pattern (Boulton and Turner, 2005). This task will talk about the procedures of creating thoughts, presentation of new business enterprise thoughts, perceiving the chances, target advertise possibility investigation, authoritative attainability examination just as natural patterns alongside Porters 5 Force Model. Methods for producing Ideas It is a typical accept that business people are conceived and can't be made. The business visionary at first has a great deal of thoughts for the business yet additionally need to comprehend the plausibility and open door for creating that thought. A most regular method of creating new thoughts of the business is through conceptualizing (Durvasula and Lysonski, 2010). Here, the gathering head or business person shares the thought among a gathering of individuals and gathers inputs and assessments in regards to the thought. Once more, the business person can examine about the thoughts through center gathering where the individuals included hush up natural to the subject. Another way the business visionary can consider new thoughts is through web and library explore. The web gives a great deal of data with respect to the market patterns and necessities of the clients (Mandel and Virgil, 2011). Along these lines, in view of the examination, the business visionary can produce the new tho ught. Presentation of new thought and perceiving openings In todays occupied world, individuals are getting progressively slanted towards the web and are centered around the employments of various applications in the Smart telephones and I telephones. In this way, for this task, the possibility of an application will be created and talked about to show its market attainability and incentive in the current and popular commercial center (Silva et al. 2012). This application will be intended to the point that it will help the clients in finding the eateries, basic food item shops and medical clinics of the territory where the clients are at present standing. This application will be taking a shot at constant condition and will just require GPS framework and web in the cell phones. This application will be effectively accessible in the fundamental telephones running on Android and Windows. It very well may be effortlessly utilized on Smartphone and iPhones and gives the addresses of the eateries, emergency clinics and basic food item shops insi de 10 km of the clients standing spot. In addition, the activity of this application is simple and is accessible in a few dialects. This thought by the business visionary is basic since the clients when visit another spot then any of the three spots turns into a pressing need to them. Abdin (2012) remarked on the way that to abstain from asking others with respect to the addressees and forestalling the odds to get confused by the others or so as to tackle the etymological issue, this application will demonstrate supportive to the clients. This application as indicated by the business visionary is in vogue and having such a large number of focal points will unquestionably be fruitful in the mechanical driven market. Achievability Analysis This is basic for the business visionary to comprehend the item and administration that the application will be providing for the clients and the degree of practicability it will have (Cook, 2012). For that, the practicality examination of the item and administration, target market, association and industry are improved comprehension of the market and the items. Item and Service Feasibility Analysis The business person has thought of propelling an application that will help in looking the about medical clinics, basic food item shops and cafés. As per Hayton and Cholakova (2011) the functional utilization of the item should be comprehended by the business visionary that to what degree the application will demonstrate accommodating to the clients. first of all the application will be accessible almost in all the dialects so it will be useful for individuals all around the globe. Furthermore, the telephones having web association just as GPS framework, can undoubtedly get to this application without problem. Thirdly, the application is of 25 MB and will consume an extremely little space in the capacity. Fourthly, it consequently stores the information of the spots once visited and can be gotten to without web during return to making less utilization of web. Additionally, the application is accessible in Google Play Store and Iphone Play store and can be gotten to and downloaded by all with no problem (Hampden-Turner, 2010). Target Market Feasibility Analysis Baumol (2011) had a view that the business visionary on understanding the pertinence of the application and its uses, need to comprehend the objective market. The utilizations of tablets and cell phones have now gotten indistinguishable with the life of the individuals. Presently days, about each individual is either having a Smartphone or an Iphone, so effectively they can get it in the play stores. It is a pattern in todays market to get stylish with the advanced applications thus clearly this application can locate a renowned situation in the market. In this way, the item will discover its application in the market focusing on enormous number of cell phone clients (Ioraitãâââ¬, 2014). The data that the application is promising its clients will end up being amicable to the clients. Authoritative Feasibility Analysis This is important to comprehend the proposed business thought will have adequate hierarchical assets, the board skill and ability for fruitful propelling of the application and maintaining its business. Asset Sufficiency The assets are the basic segment of any enterprise business. This is on the grounds that, from the view purpose of Levine (2012) for the dispatch of the application, adequate assets, for example, human aptitude in specialized fields, legal advisor, accomplice abilities and objectives, working spot and so forth should be broke down absolutely for the effective running of the business. The executives Prowess For effective running of the business, another achievability that should be examined is the authoritative attainability. As indicated by Oncioiu (2012) the proposed marketable strategy need to have representatives those are straightforward just as persevering alongside great specialized information. The prime supporters of the business must alter, helpful and centered towards their business. The administration approaches should be reasonable and legitimately affirmed by the worldwide laws of work (Mutara, 2012). The oversees and the fellow benefactors of the business need to have gigantic interpersonal organization associations for producing the thoughts just as distributing the applications in the market. Since, online networking is an incredible asset of showcasing and distributing the thoughts of new business. Budgetary Feasibility Another investigation of possibility that the business person needs to comprehend is the money related help and state of the business. Yong and Ho (2006) remarked on the way that money related appraisal is a urgent part inside the association since it assists with evaluating the position and quality of the firm. In view of the monetary condition, the new workers, present day innovations and types of gear are recruited and purchased to the association for the fruitful creation of the application and running it effectively. It must be recollected that not just the expense of creation of the application is basic yet advertising and crusading cost of this item and administration is additionally similarly significant (Ng, 2012). This monetary evaluation is likewise basic for the association. Through money related appraisal, the incomes, deals and benefits of the organization are additionally dissected. Industry Feasibility Analysis The business person needs to examine the modern possibility factor that incorporates the natural patterns and business patterns of the item and administration. Abrams (2012) had an assessment that it is basic since the examination helps in understanding the situation of the contenders just as the Government rules and laws for the better business improvement. Ecological Trends It is basic for the business person to know and have information with respect to the ecological patterns since it helps in understanding the quality, shortcoming, openings and dangers of the association and its rivals. As per the assessment of Gao (2010) the business visionary needs to comprehend the general condition for adapting up to the current condition and can be very much clarified through Porters 5 Force model. This model aides in understanding the danger of substitutes, danger of new contestants, contentions among the current firms, haggling intensity of providers and dealing intensity of purchasers. The business person consistently need to remember the danger of substitute items by the current organization at a low cost and with new and increasingly accommodating highlights. Barringer and Ireland, (2012) had a view that for this application, if the other organization has a superior substitute application with current highlights and attributes then unquestionably it will be a danger to the organization. Additionally, the danger of the new contestants may likewise be a rising issue to the association. This is on the grounds that; if the other business visionary with a superior thought and better innovation will present another application in the market that will have further developed and included highlights, at that point surely the organization and the business person thought will be in a stake. Since, the business person will be new to the market; it ought to have a solid bartering power
Saturday, August 22, 2020
Law - INFRINGEMENT Assignment Example | Topics and Well Written Essays - 750 words
Law - INFRINGEMENT - Assignment Example hese detailed episodes with the procedure of court choice is of duplicating brand name and logo of ââ¬Å"Nutellaâ⬠and propelling its imitation ââ¬Å"Nutelloâ⬠. In spite of the fact that ââ¬Å"Nutellaâ⬠was a chocolate spread and ââ¬Å"Nutelloâ⬠was a refreshment arrangement of espresso, cocoa tea, still the court chooses the accompanying with unique reference to Singapore Business law, The law expresses that state or the name of the imitation must have a visual, aural and theoretical similarity. For this situation the name do has visual and aural likeness however the idea was somewhat extraordinary of both the associations. The court inferred that the items will be respected the same in any event, when one of these three viewpoints is absent. This is on the grounds that a relationship must be built up and gotten to with the terms under which the ââ¬Å"Nutellaâ⬠has been made in record and not what it is really managing. Word mark ââ¬Å"Nutellaâ⬠has been enrolled for whatever manages chocolate that identifies with chocolate in any physical structure (Gallezo, 2013). The legal board analyzed the idea of weakening in detail and reasoned that the as indicated by Section 2 (1) (b) of the exchange mark act, weakening regardless of whether not probability to cause bewilderment and vulnerability in the overall population, despite everything is viewed as encroachment since that make prone to cause it in prospect. The end was indeed, as there are radical changes in the monetary reaction of client so this can't be estimated and anticipated. For this reason any encroach item if not giving affordable misfortune currently, can be harming for the money related status of the exchange mark holder sooner rather than later. For this reason encroachment must be censured at all stages. A comparative occurrence has been accounted for in Thailand in which the KFC (prestigious inexpensive food chain) has been duplicated by a little café in which the proprietor of that restaurant utilizes same logo and shading blend as that of KFC yet utilizes the image of Hitler (the famous ruler) rather than Colonel Sanders who
Friday, August 21, 2020
Personal Statement. The programme of Translation and Interpretation
A few people think about interpretation as a sort of occupations just yet for me, it is a significant type of social correspondence. In this manner, I might want to apply to your college for the program of Translation and Interpretation so as to make my fantasy works out. Having studied Translation and Interpretation as an undergrad, it brings me new points of view about interpretation that it makes an interpretation of starting with one language then onto the next, yet additionally the way of life. This makes interpretation a genuine test. All things considered, I set out to grasp difficulties and I discover satisfaction in the wake of finishing different interpretation assignments. Additionally, I have an energy for it.However, my abilities in interpretation and understanding are a long way from great. Thusly, I couldn't imagine anything better than to assist my insight into language and create aptitudes in interpretation through this program, and I could take my energy and transfo rm it into my further examination. Then again, when contrast and different universities, your school isn't just spotlight on down to earth aptitudes yet in addition speculations of interpretation. I think this is better as speculations help us to distinguish interpretation issues and legitimize systems so as to have better interpretations. Consequently, I might want to apply to your school for this program rather than others.Since I am considering Higher Diploma in Translation and Interpretation, I have taken in some fundamental procedures and hypotheses of how to decipher. Additionally, I practice every one of these abilities and hypotheses by applying them into assignments and ventures. Thus, I will be more ready to ace this subject than others. Learning new dialects is one of my inclinations . I learnt Japanese and Korean when I was in structure three. Presently, I am taking a course for learning Spanish and I think these are applicable to this program. Much the same as liver Wen dell Holmes has said ââ¬Å"Language is the blood of the spirit into which contemplations run and out of which they growâ⬠.As language gives a knowledge into all parts of a nations culture and this is the thing that interpretation is about, the capacity to communicate in various dialects encourages me to consider this program in a more powerful manner than others. By attempted this program, I hope to see myself become a very much prepared master in this field as my future profession, who can make numerous significant commitments to interpretation and understanding. Accordingly, I have a lot of refreshing having the option to accomplish my objective by getting into your school for considering this program. Individual Statement. The program of Translation and Interpretation A few people think about interpretation as a sort of occupations just yet for me, it is an important type of social correspondence. In this way, I might want to apply to your college for the program of Translation and Interpretation so as to make my fantasy works out as expected. Having studied Translation and Interpretation as an undergrad, it brings me new points of view about interpretation that it makes an interpretation of starting with one language then onto the next, yet in addition the way of life. This makes interpretation a genuine test. In any case, I set out to grasp difficulties and I discover satisfaction subsequent to finishing different interpretation assignments. Additionally, I have an energy for it.However, my aptitudes in interpretation and translation are a long way from great. Thusly, I couldn't imagine anything better than to facilitate my insight into language and create aptitudes in interpretation through this program, and I could take my excitement and trans form it into my further investigation. Then again, when contrast and different universities, your school isn't just spotlight on reasonable abilities yet in addition speculations of interpretation. I think this is better as speculations help us to recognize interpretation issues and legitimize procedures so as to have better interpretations. In this manner, I might want to apply to your school for this program rather than others.Since I am considering Higher Diploma in Translation and Interpretation, I have taken in some fundamental methods and hypotheses of how to decipher. Plus, I practice every one of these aptitudes and hypotheses by applying them into assignments and ventures. Thus, I will be more ready to ace this subject than others. Learning new dialects is one of my inclinations . I learnt Japanese and Korean when I was in structure three. Presently, I am taking a course for learning Spanish and I think these are applicable to this program. Much the same as liver Wendell Ho lmes has said ââ¬Å"Language is the blood of the spirit into which musings run and out of which they growâ⬠.As language gives a knowledge into all parts of a nations culture and this is the thing that interpretation is about, the capacity to communicate in various dialects causes me to consider this program in a more viable manner than others. By embraced this program, I hope to see myself become a very much prepared master in this field as my future vocation, who can make numerous important commitments to interpretation and translation. Along these lines, I have a lot of refreshing having the option to accomplish my objective by getting into your school for contemplating this program.
How to Write Amazing Caltech Essays
The most effective method to Write Amazing Caltech Essays SAT/ACT Prep Online Guides and Tips The California Institute of Technology-or Caltech, as itââ¬â¢s all the more generally known-is an exceptionally elite school. In the event that you need to join the Beavers, youââ¬â¢ll need top evaluations and state administered test scores, however solid composing enhancements to help them also. Caltech acknowledges around nine percent of understudies that apply, making it an amazingly serious school.The more you think about the Caltech exposition prompts before you start, the more ready you are to answer them. Peruse on to find out about 2018ââ¬â¢s article prompts, just as certain tips and deceives for amplifying their capability to intrigue! Highlight Image:Canon.vs.nikon/Wikimedia Commons What Do I Need to Know About the Caltech Essays? Caltech acknowledges both the Coalition and Common Application, so you can utilize whichever application suits you better. Notwithstanding the requiredCoalition or Common Application papers, Caltech likewise requires four short articles. One paper requests that you depict three encounters that added to your enthusiasm for STEM fields, with 10 to 120 words for each understanding, or 30 to 360 total.The other three articles, which spread how youââ¬â¢ll interface with the Caltech people group, what inventive and fun interests you have, and what decent variety youââ¬â¢ll bring to the understudy body, have prerequisites of 250 to 400 words. By and large, youââ¬â¢ll be composing somewhere in the range of 780 and 1560 words. These expositions are genuinely short, so youââ¬â¢ll need to invest a decent measure of energy sharpening your contention to its generally proficient. Start early so you have a lot of time to design, refine, modify, and evidence before you submit! Do a little arrangement and you can look this cheerful when composing your Caltech expositions, as well! What Are the Caltech Essay Prompts? TheCaltech article prompts are genuinely standard, however every one is customized to the collegeââ¬â¢s determinations. Youââ¬â¢ll see the typical ââ¬Å"Why This College?â⬠and ââ¬Å"Diversityâ⬠exposition questions, yet consistently remember that youââ¬â¢re applying to Caltech explicitly, and your articles ought to mirror that. Brief #1 Portray three encounters as well as exercises that have built up your energy for a potential vocation in a STEM field. (Your reaction for each experience/action should extend between 10-120 words.) The primary article requests that you portray three things that have prompted your affection for whatever STEM field you like. Note the word prerequisite every thing should fall somewhere in the range of 10 and 120 words, which means youââ¬â¢ll should be exceptionally short. Caltech needs you to utilize this space to show your enthusiasm for your preferred STEM field. They need to catch wind of your enthusiasm and what intrigues you, so burrow profound to truly find that flash of motivation. Perhaps you were enthralled by a youth assortment of ocean monkeys, or you took your absolute first game reassure separated to perceive how it functioned and you set up it back. These are for the most part extraordinary spots to begin, however be certain that theyââ¬â¢re both brief and important to you. Youââ¬â¢re revealing to Caltech a short anecdote about yourself with these three encounters, exhibiting what attracts you to STEM over some other field, so be certain that the affirmations office comprehends what brings you here, yet why. Explicitness and quickness are your closest companions in this segment. Perhaps you truly have needed to do PC programming for as long as you can remember, yet Caltech needs you to be progressively explicit. Name three examples that enlivened you, not your life overall. Caltech, as a STEM-centered school, additionally needs to see your interest and intrigue. Come back to encounters including math or science that energized you from quite a while ago and contemplate how you felt and how they made you need to find out additional. These are the sorts of encounters that Caltech needs to catch wind of! For this brief, keep away from the trap of going on and on. When weââ¬â¢re considering developmental encounters that energize us, we can will in general get a little wordy. Oppose that allurement you just have 120 words each, so keep it as basic and immediate as you can, with no lighten. Each answer should state what the experience was and how that built up your energy. Anything else than that, and you hazard squandering space. Brief #2 Much like the life of an expert researcher or architect, the life of a Techer depends intensely on joint effort. Knowing this, what do you would like to investigate, enhance, or make with your Caltech peers? (Your reaction should run between 250-400 words.) This is a turn on the run of the mill ââ¬Å"Why You?â⬠question. Ordinarily, these inquiries are posing to what youââ¬â¢ll bring to a collegeââ¬â¢s understudy body-in Caltechââ¬â¢s case, theyââ¬â¢re searching for explicit data about how you intend to take part in the network. Consider your scholastic and vocation objectives, and consolidate them with what you think about Caltechââ¬â¢s people group. How might they assist you with contacting them? Caltech doesnââ¬â¢t just need to think about what you would like to accomplish with your instruction. Caltech makes reference to in their statement of purpose that they intend to ââ¬Å"expand human information and advantage society.â⬠Do your objectives line up with that crucial? By what means will being a piece of the Caltech people group not simply having a degree from an esteemed college assist you with accomplishing your desires? Your most logical option with this inquiry is to get explicit. Continuously remember the edge of coordinated effort however we frequently acknowledge people for logical revelations and innovation, many are assembled by gatherings of individuals expanding on one anotherââ¬â¢s examine. On the off chance that you have a particular thought as a primary concern, for example, refining lab-developed meat for large scale manufacturing, consider what abilities you have and what aptitudes you donââ¬â¢t. In what manner can your cohorts at Caltech help? Investigate Caltechââ¬â¢s clubs and courses and discover some that coordinate your objectives. On the off chance that lab-developed meat is your objective, investigate Caltechââ¬â¢s bioengineering contributions and overlap those into your answer-being explicit about how Caltech and the individuals you meet there will assist you with meeting your objectives will clarify that itââ¬â¢s Caltech, not only a degree, that interests to you. Despite the fact that your objectives are imperative to this inquiry, abstain from concentrating a lot on yourself or thinking excessively far forward. This inquiry needs to think about your time at Caltech-center around the following scarcely any years and how you want to create as a major aspect of the STEM people group. This person would fit right in at Caltech. Brief #3 Caltech understudies are frequently known for their comical inclination and inventive tricks. What do you like to accomplish for entertainment only? (Your reaction should extend between 250-400 words.) Trust this inquiry Caltech is in fact known for its pleased history of pranks.The confirmations office needs to catch wind of your life outside of scholastics and learning. What do you like to do that isnââ¬â¢t identified with your field of study? The motivation behind this inquiry is to get familiar with you as a person. In the event that youââ¬â¢re in the running for Caltech, youââ¬â¢re effectively an understudy with a solid scholastic record-as is every other person at your level. This inquiry needs to realize what makes you extraordinary, what highlights, character qualities, and interests will make you an understudy that Caltech needs to have around. Itââ¬â¢s significant this be an inquiry you answer without a scholastic core interest. That may sound abnormal you should be great at Caltech, all things considered however think past your science work or the game youââ¬â¢ve been taking a shot at. Obviously, you ought to likewise be set up to answer why whatever you pick matters to you. Perhaps youââ¬â¢re truly into cultivating in light of the fact that seeing something develop from a seed to a plant brings you satisfaction. Perhaps assuming tabletop pretending games is your thing, in light of the fact that itââ¬â¢s an innovative outlet that pushes you to think on the fly. Whatever the leisure activity, it should mean something to you-hours carelessly surfing Netflix isnââ¬â¢t going to cut it. There are a couple of things to maintain a strategic distance from with this brief. One of a kind is acceptable, yet dubious is excessively. Going to school is fitting into a network, and Caltech needs to realize that youââ¬â¢ll take an interest in the network. In the event that you appear to be purposefully provocative, for example, if your preferred side interest is being a troll online-you may stand out for an inappropriate reasons. Likewise do whatever it takes not to be excessively broad. In the event that you like to peruse, mention to them what-would you be able to draw your own guide of Middle-earth from memory? In the event that you play computer games, let them know why-possibly youââ¬â¢re part of a top-positioned Overwatchteam, and you appreciate the brotherhood of pounding your position with companions, or perhaps youââ¬â¢re taking a stab at the world-record in speedrunning Super Mario 64 in light of the fact that you appreciate the rush of finding another glitch. Once more, consistently return to particularity and expressing why. Itââ¬â¢s better all things considered and compact than longwinded and obscure! Brief #4 The procedure of revelation best advances when individuals from different foundations, encounters, and points of view meet up. How would you see yourself adding to the decent variety of Caltech's people group? (Your reaction should extend between 250-400 words.) This inquiry is a great portrayal of the ââ¬Å"Diversityâ⬠essay.What Caltech needs to know with this brief is the thing that you as a one of a kind individual bring to the network. That can be everything from your financial foundation to your eccentric childhood as a venturing out bazaar entertainer to your enthusiasm for antique guitars-donââ¬â¢t feel like the main importance for ââ¬Å"diversityâ⬠is hardship youââ¬â¢ve experienced. Schools are places where heaps of individuals of various foundations meet up, and Caltech needs to realize that youââ¬â¢re going to both contribute and regard that decent variety. Considering the manners in which that you contrast from others is an incredible method of demonstrating that youââ¬â¢re comparatively
Monday, July 6, 2020
How provision of nonaudit services affects auditors independence - Free Essay Example
Recent expansion of nonaudit services by public accounting firms has caused some to question whether auditors who provide nonaudit services to audit clients can remain independent of their clientsà ¢Ã¢â ¬Ã Introduction The increasing level of frauds and scandals in the corporate sector have resulted in an upsurge in the regulations for audit firms whereby their independence is kept into question due to the non-audit services they offer to their audit clients (IOSCO, 2007). Many public accounting firms provide such services to their clients merely because of convenience, knowledge about the clients financial statements and saving extra time spent dealing with audit and non-audit services separately (Muir, 2014). However, financial statement users often perceive it as impairing the auditors independence (Al-Ajmi and Saudagaran, 2011). Different views exist about the impact of providing non-audit services to audit clients; they may have negative (Quick and Rasmussen, 2015), positive (Wang and Hay, 2013) or no effect on the auditors independence (Jenkins and Krawczyk, 2001). As such, this essay will explore whether the provision of nonaudit services affects auditors independence. Definition and Role of Non-audit Services Adeyemi and Olowookere (2012) regard non-audit services to be any services provided by an auditor other than their code audit function. These services may include bookkeeping (Jenkins and Krawczyk, 2001), management consultancy (ICAEW, 2015), tax advisory services (Pwc, 2014), human resource consultancy (ABP, 2004) and others. Jenkins and Krawczyk (2001) found that bookkeeping has a negative impact on auditors independence, while management consultancy and tax advisory services have a positive impact. The differences occur because of an expectation gap between the auditing professionals and financial statement users (Jenkins and Krawczyk, 2001). Looking at it from a marketing perspective, organisations providing additional value to their customers other than their core service are considered to be highly competitive and end up being more successful than their competitors (Hoffman, 2009). That is exactly what audit firms strive for when they offer additional services to their cli ents in anticipation of strengthening relationship with them (Ismail, Hasnah, Ibrahim and Isa, 2006). However, critics object on the income received from non-audit services because their impact on the objectivity of the auditor has long been considered as a potential threat for the auditing process and financial system as a whole (Adeyemi and Olowookere, 2012). Okaro and Okafor (2009) pointed out that an audit firm auditing their own work is not regarded to be independent and the objectivity of their work may be questioned at any point by financial statement users. To avoid any criticisms from their stakeholders, audit firms need to be particular about their audit quality, which is considered to be high if the stakeholders are assured to have no uncertainty and ambiguity in the financial statements prepared by the management (Krishan, Zhang and Sami, 2005). Negative Impact on Auditors Independence Threat to Audit Quality The work of an audit firm is to act as an investment guide, which helps in their clients valuation and predicting bankruptcy (Salehi, 2009a). Research suggests that there is a strong relationship between the credibility of the statements produced by an audit firm and the investment decision taken by the client (Salehi, 2009a). Therefore the economic development of the client is often dependent upon the credibility of the documents prepared by the audit firm, which depicts the financial standing of the client (Wahdan et al., 2005). Sori and Karbhari (2006) believe that the auditor independence may be affected by this economic bonding between the auditor and the client. In case of an increasing pressure from the client regarding consultancy in investment decisions, the auditor may unintentionally overlook the quality of the actual audit services. Gwilliam (2010) mentioned that a classic example of audit failure was that of Ernst Young while conducting the audit of a UK truck manu facturing company, ERF. In that case, the provision of non-audit services impaired the audit quality to such an extent that the firm had to undergo a couple of lawsuits. A part of the case constituted of the company accountants attempt to fabricate the VAT returns, so that the repayments from the Customs and Excise could be received. Moreover, the audit team did not work on the VAT separately; they relied upon the figures received from the VAT specialists. This compromise in the quality of audit services resulting from intrusion of additional services, negatively affected the independence of Ernst Young. Threat due to the Provision of Joint Services Another problem arises when the audit and non-audit services are provided in conjunction with each other, whereby the focus on the actual service may be lost (Sori and Karbhari, 2006). Swanger and Chewning (2001) recommended a solution to this issue, i.e. the personnel performing the audit and non-audit services should be separate. Regulatory authorities, however, believe that it would be difficult to track performance if this solution is implemented; hence audit firms should be banned from providing any additional services to their clients (Chadbourne and Parke, 2003). Additionally, the Securities and Exchange Commission adopted rules which limit the audit firms from providing any compensation to their clients in joint services (Chadbourne and Parke, 2003). Threat of Higher Non-audit Fee Research indicates that the auditor independence is adversely affected if the fee paid for non-audit services is higher when compared with that of audit services (Frankel, Johnson and Nelson, 2002). Due to the existence of this threat, the Securities and Exchange Commission devised laws which enforced the disclosure of all fees paid to auditors by their clients (Chadbourne and Parke, 2003). Chen, Elder and Liu (2005) found an unfavourable relationship between non-audit services and the degree of acceptance the client showed to the recommendations by the auditor. This imparts that highly extensive additional services result in lower possibility of acceptance from the client, due to the equally high fee attached to them (Reynolds, Deis and Francis, 2004). Therefore, it may turn out to be hazardous for the audit firms independence as it would then attempt to introduce even more extensive non-audit services, further complicating legal requirements for itself. Threat from Relationship with Management Perhaps the greatest detrimental effect which non-audit services have on auditors independence is related to the relationship between the auditor and client management and the way it affects audit approach (Gwilliam, Teng and Marnet, 2014). Despite its economic dependence on its clients, the audit firms independence is greatly strengthened by lower levels of competition to cater to its clients (Quick and Rasmussen, 2015). Positive Impact on Auditors Independence Strengthening Audit Quality Wang and Hay (2013) provided evidence for a positive relationship between provision of non-audit services and auditors independence, indicating that these additional services help the audit firms distinguish themselves from their competitors, whereby they portray their uniqueness in front of their clients. Some authors support this claim by saying that the auditors objectivity is strengthened by non-audit services because they help them form a better understanding of their clients (Jenkins and Krawczyk, 2001). Proponents of this view explain that the audit quality is indeed enhanced by the provision of non-audit services, because the auditors are then able to develop a better understanding of their clients industry, competitive position, strategies, business model and the risks they face (Ernst Young, 2013). Gwilliam, Teng and Marnet (2014) mentioned that because of economies of scope, the joint provision of audit and non-audit services has economic benefits for both the auditor a nd the client. It is mainly because of knowledge spillovers. Limiting the audit firms from providing non-audit services would result in economic inefficiency. Ernst Young (2013), for example, takes advantage of its non-audit services through knowledge spillovers; i.e. it uses the financial information gained from auditing its clients to provide advisory and consultancy services to the same clients related to their investment decisions, recruitment, strategic direction and other such internal matters. While there are concerns regarding clients paying higher fee when they opt for a joint provision of both types of services (Frankel, Johnson and Nelson, 2002), there is another school of thought which directs financial statement users to initially compare the frequency of usage of both audit and non-audit services before jumping to any such conclusions (Ezzamel, Gwilliam and Holland, 2002). This imparts that firms paying higher may be using more of non-audit services than actual audit services. An example of the positive effect of non-audit services could be gauged from the recent guidelines by the Financial Reporting Council (FRC, 2015), which introduced the revised Auditing Standards ensuring that the auditors are able to get some consultancy and advice regarding provision of non-audit services. Along with explaining its regulations, it also claims to provide guidance to audit firms on how they can use these supplementary services to their advantage, remaining within the ethical code of conduct. Even in case of pressure from the client regarding non-audit services, the auditor must first ensure its stakeholders that it produces completely transparent financial statements and should not get involved in suspicious practices, such as the KPMG case, where the companys accountants were doubted to be involvement in tax dodging, which they finally had to publicly admit. They then avoided the lawsuits by paying a huge penalty and accepting the conditions impos ed by the US Justice Department (Gwilliam, Teng and Marnet, 2014). Positive Reputation Effects Supporters of non-audit services do not contradict with the laws related to these services; they in fact believe that if the services are provided with the appropriate measures to safeguard auditors independence, they will end up being favourable for both the auditor and the client (Ernst Young, 2013). Advocates of this viewpoint also found that the income received as a result of providing non-audit services helps in enhancing auditors reputational capital, which is the firms goodwill in the market (Wang and Hay, 2013). Thus, to sustain their goodwill, audit firms would keep themselves from surrendering to their clients. Evidence from economic models suggests that audit firms may be willing to forgo short-term increases in earnings from non-independent behavior in anticipation of building a better reputation in the long run, leading to higher economic returns (Gwilliam, Teng and Marnet, 2014). Firms would, therefore, abide by the rules as they prove to be a powerful tool to safegu ard against any independence violence. Enhancement in Audit Training Some researchers believe that if auditing personnel are involved in providing non-audit services, they will not be able to perform the audit tasks in a complex business environment (Sori and Karbhari, 2006). On the contrary, proponents of non-audit services argue that by performing these additional services, junior auditors and audit trainees learn many skills which then help them become more competent accountants, which favourably impacts the audit firms independence and audit quality (Gwilliam, Teng and Marne, 2014). No Impact on Auditors Independence Some researchers believe that there is no relationship between provision of non-audit services and auditor independence (Jenkins and Krawczyk, 2001). Reviewing 20 years of literature, Salehi (2009b) did not find enough evidence about investors being concerned with non-audit services. Quick and Rasmussen (2009) also discovered that there is a lack of evidence supporting the claim that non-audit services are the reason behind impairment of auditors independence. Tepalagul and Lins (2014) study revealed that providing consultancy services to audit clients does not really affect the perceptions of the financial statement users about auditors credibility and independence; it in fact helps in enhancing the organisations internal control systems. Conclusion There are many reasons due to which an auditors reliability and independence may be compromised, one of which is often said to be the additional non-audit services provided by audit firms to their clients. Some researchers believe that these services pose to be a threat to the audit quality and independence by joint provision of both service types, higher non-audit fee and relationship with management. There are others who believe that these services positively influence auditor independence, whereby the audit quality is strengthened and the audit firm enjoys better reputational capital and enhanced audit training. There are still other researchers who found non-audit services to have no impact on the auditors independence. Numerous examples of firms are present supporting either of the three viewpoints; it all depends upon the auditors strategic moves by which it strives to safeguard its independence and the reliability of its work. The doubts financial statement users have about auditors performance can be handled well by standardized processes and transparency of information provided by audit firms. References ABP (2004). Ethical Standards 5: Non-Audit Services Provided to Audit Clients. The Auditing Practices Board. [Online] Available at: https://www.frc.org.uk/Our-Work/Publications/APB/ES-5-Non-audit-services-provided-to-audit-clients.pdf Adeyemi, S.B., and Olowookere, J.K. (2012). Non-audit Services and Auditor Independence Investors Perspective in Nigeria. Business and Management Review, Vol. 2, No. 5, pp. 89-97. Al-Ajmi, J., and Saudagaran, S. (2011). Perceptions of Auditors and Financial-Statement Users Regarding Auditor Independence in Bahrain. Managerial Auditing Journal, Vol. 26, No. 2, pp. 130-160. Chadbourne, and Parke, (2003). SEC Adopts Final Rules on Auditor Independence. [Online] Available at: https://www.chadbourne.com/files/Publication/40905c7b-de76-481d-a771-124300cc04ba/Presentation/PublicationAttachment/891d9f5a-b897-44ed-a141-004f2d922405/SECAdoptsFinalRulesonAuditorIndependence.pdf Chen, K.Y., Elder, R.J., and Liu, J.L. (2005). Auditor Independence, Audit Quality and Auditor-Client Negotiation Outcomes: Some Evidence from Taiwan. Journal of Contemporary Accounting Economics, Vol. 1, No. 2, pp. 119-146. Ernst Young (2013). QA on Non-audit Services. Point of View: Our Perspective on Issues of Concern. [Online] Available at: https://www.ey.com/Publication/vwLUAssets/EY-qa-on-non-audit-services-march2013/$FILE/EY-qa-on-non-audit-services-march2013.pdf Ezzamel, M., Gwilliam, D., and Holland, K. (2002). The Relationship between Categories of Non-audit Services and Audit Fees: Evidence from the UK. International Journal of Auditing, Vol. 6, No. 1, pp. 13-35. Frankel, R.M., Nelson, M.F., and Johnson, K.K. (2002). The Relation between Auditors Fees for Non-audit Services and Earnings Management. The Accounting Review: Supplement 2002, Vol. 77, No. s-1, pp. 71-105. FRC (2015). FRCs Work to Enhance Justifiable Confidence in audit through Implementation of the EU Audit Regulation and Directive. [Online] Available at: https://www.frc.org.uk/News-and-Events/FRC-Press/Press/2015/September/FRC-s-work-to-enhance-justifiable-confidence-in-au.aspx Gwilliam, D. (2010). Trucking on: Audit in the Real World? (Man V Freightliner and Ernst Young). Journal of Professional Negligence, Vol. 26, No. 4, pp. 180-193. Gwilliam, D., Teng, C.M., and Marnet, O. (2014). How does Joint Provision of Audit and Non-audit Services Affect Audit Quality and Independence? A Review. Chartered Accountants Trustees Limited. [Online] Available at: https://www.icaew.com/en/products/audit-and-assurance-publications/~/media/481bd2be6ac7414cb4248996d259f8f5.ashx Hoffman, K.D. (2009). Services Marketing: Concepts, Strategies Cases. Third International Edition. Mason: South-Western. ICAEW (2015). The Provision of Non-audit Services to Audit Clients. [Online] Available at: https://www.icaew.com/en/technical/ethics/auditor-independence/provision-of-non-audit-services-to-audit-clients Ismail, I., Hasnah, H., Ibrahim, D.N., and Isa, S.M.(2006). Managerial Auditing Journal, Vol. 21, No. 7, pp. 738-756. IOSCO (2007). A Survey of the Regulation of Non-Audit Services Provided by Auditors to Audited Companies Summary Report. [Online] Available at: https://www.iosco.org/library/pubdocs/pdf/IOSCOPD231.pdf Jenkins, J. G., and Krawczyk, K. (2001). The Influence of Nonaudit Services on Perceptions of Auditor Independence. Journal of Applied Business Research, Vol. 17, No. 3, pp. 73-78. Krishan, J., Zhang, Y., and Sami, H. (2005). Does the Provision of Non-audit Services affect Investor Perceptions of Auditor Independence? Auditing: A Journal of Practice Theory, Vol. 24, No. 2, pp. 111-135. Muir, S. (2014). The Provision of Non-Audit Services to Audit Clients Still a Difficult Circle to Square. CAPITA Asset Services. [Online] Available at: https://www.capitaassetservices.com/assets/media/SS14384_Non_audit_services_article-v4.pdf Okaro, S.C., and Okafor, G.O. (2009). Stemming the Tide of Audit Failures in Nigeria. ICAN Students Journal January/March, Vol. 13, No. 1, pp. 11-17. Pwc (2014). EU Audit Reform: Providing Non-audit Services. [Online] Available at: https://www.pwc.co.uk/assets/pdf/pwc-uk-eu-audit-reform-client-briefing-nas-7-aug-2014.pdf Quick, R., and Rasmussen, B.W. (2009). Auditor Independence and the Provision of Non-audit Services: Perceptions by German Investors. International Journal of Accounting, Vol. 13, No. 1, pp. 141-162. Quick, R., and Rasmussen, B.W. (2015). An Experimental Analysis of the Effects of Non-audit Services on Auditor Independence in Appearance in the European Union: Evidence from Germany. Journal of International Financial Management Accounting, Vol. 26, No. 2, pp. 150-187. Reynolds, J.K., Deis, D.R., and Francis, J.R. (2004). Professional Service Fees and Auditor Objectivity. Auditing: A Journal of Practice Theory, Vol. 23, No. 1, pp. 29-52. Salehi, M. (2009a). Non-audit Service and Audit Independence: Evidence from Iran. International Journal of Business and Management, Vol. 4, No. 2, pp. 142-152. Salehi, M. (2009b). In the Name of Independence: With Regard to Practicing Non-audit Services by External Auditors. International Business Research, Vol. 2, No. 2, pp. 137-147. Sori, Z.M., and Karbhari, Y. (2006). Audit, Non-Audit Services and Auditor Independence. Staff Paper Universiti Putra Malaysia. [Online] Available at: https://www.researchgate.net/publication/237379279_Audit_Non-Audit_Services_and_Auditor_Independence Swanger, S.L., and Chewning, E.G. (2001). The Effect of Internal Audit Outsourcing on Financial Analysts Perception of External Auditor Independence. Auditing: A Journal of Practice and Theory, Vol. 20, No. 2, pp. 115-129. Tepalagul, N., and Lin, L. (2014). Auditor Independence and Auditor Quality: A Literature Review. Journal of Accounting, Auditing Finance, Vol. 3, No. 1, 101-121. Wahdan, M.A., Spronck, P.S., Ali, H.F., Vaassen, E.V., Herik, H.J. (2005). Auditing in Egypt: A Study of Challenges, Problems and Possibility of an Automatic Formulation of the Auditors Report. [Online] Available at: https://ilk.uvt.nl/~pspronck/pubs/Wahdan2005c.pdf Wang, S.W., and Hay, D. (2013). Auditor Independence in New Zealand: Further Evidence on the Role of Non-audit Services. Accounting and Management Information Systems, Vol. 12, No. 2, pp. 235-262.
Wednesday, July 1, 2020
Leadership in Global and Multicultural Organizations Essay
Leadership in Global and Multicultural Organizations Essay Essay Prompt An analysis of an article is required for any class that is missed (as listed below). The analysis of an article will be 1-2 pages, single spaced, with one-inch margins. The analysis will include four topic headings: I. Article reference. List the bibliography information so that the instructor can find the article if he or she so desires. The article should be chosen from a respected journal or scholarly website. Furthermore, the article must relate to the corresponding chapter reading of that particular week. II. Summary. In this section briefly summarize the content of the article, identifying what makes this article unique. III. Relationship to readings. Describe the relationship between the article and the chapter readings. IV. Application. Describe how the content of the article could be used to change your workplace. Describe how the concepts could be applied to improve your organization. The company you use should be a company other than one for which you currently work. The analysis should include a description of the company, observed problems within the organization (related to the weekââ¬â¢s readings), and recommendations for improvement. Summary of : Reading Assignments: â⬠¢ Greenberg, J. (2013). Managing behavior in organizations: Chapters 5, 6, and 7 â⬠¢ Spears, L. (1995). Reflections on leadership: Chapters 1, 2, 3 â⬠¢ Rath, C. and Conchie, B. (2008). Strengths based leadership. Pp. 31-46 Essay The article dwells on the aspect of leadership and the contemporary globalized environment where the employees of all organizations are mixed in terms of age, experience, cultures and race. The three authors, all of whom are professors in different universities concentrate on discussing how organizations have become multicultural in nature and how the leadership must change to adopt the global leadership characteristics. Such a global leadership, they say needs to take into account the culture, the global strategy and the competitiveness of the competitiveness of the current market. Further, the article discusses the taxonomy of global leadership competencies and meta-competencies. In this respect, they discuss how ethics in the highly diverse cultural workplaces can be taught and the leaders need to conform to adapt to the needs of the organization and how this adaptation can be achieved. The article discusses how leadership competencies no longer confine to the behavior or personal ity or the values and knowledge, but those qualities that enable one to perform effectively in an environment outside their own nation and organizational culture. It is noteworthy how the article goes further to give how one can identify global leadership competencies and capability. The article stands out in various ways particularly in discussion of the topic therein. It sheds light on the aspect of leadership that is widened to cover the global platform and not just the localized approach. Further, it gives various real life examples that had taken place in different parts of the world, this gives it a global approach and easier to understand. It is also interesting and credit worthy that the article, in recognition of the global challenges on the cultural basis that women in leadership get, chooses to dedicate a significant section to discuss and highlight women in leadership and how they can manage to make it in the contemporary environment. Lastly, the academic value of the article is unquestionable since it comes out as a highly researched and referenced article looking at the numerous high quality references that have been used therein. This article has a close relationship with the chapters by Spears, L. (1995). Reflections on leadership: Chapters 1, 2, 3 in that they both highlight the aspects of the changing leadership dynamics in the contemporary world.à Spears reflect on servant leadership and how this approach to leadership has proven to be palatable with many organizations globally. In the same trend, this article also discusses how the global trends have reshaped leadership in a manner that it has to accommodate the diverse cultures and how it has to first reflect on the people among whom the leadership is being applied. Greenberg, J. (2013) in his book, Managing behavior in organizations mainly concentrates on the scientific approach towards organizational behavior and gives the practical ways that can be used by the managerial teams and good leaders in effectively managing the contemporary organizational environments. He highlights scientifically proven leadership approaches that take into account the c urrent challenges that come with the globalised scientific issues.à à On the other hand, leadership is discussed by Rath, C. and Conchie, B. (2008) in their book Strengths based leadership as a virtue that goes beyond the work based aspects, but into intrinsic issues like hope, faith, individual stability and compassion. These are issues that a good and effective leader needs to be able to inspire in his followers since these help make the contemporary work environment more comfortable and development focused than in organizations without these. This article and the concepts discussed therein are instrumental in reshaping my workplace and the organization as a whole in that, bearing the continued cultural diversity of this organization, it can no longer be viewed as an American company anymore, but must now conform to the global standards. The organization, being that it deals with members of staff across a vast geographical demarcation and customers from a wide spectrum, there is need now more than before to deeply understand global leadership competencies and meta-competencies. References Prewitt J., et,al, (2011). Developing Leadership in Global and Multi-cultural Organizations. International Journal of Business and Social Sciences. Vol.2.No.13. https://www.ijbssnet.com/journals/Vol._2_No._13_Special_Issue_July_2011/2.pdf Spears, L. (1995). Reflections on leadership: Chapters 1, 2, 3 Rath, C. and Conchie, B. (2008). Strengths based leadership. Pp. 31-46 View or Download this full document in (.docx) format. --> Open Full Document Open full document and source list OR Order A Custom Written Essay Order a one-of-a-kind custom essay on this topic
Tuesday, May 19, 2020
Stages Of Social Development At A Young Age - 861 Words
Stages of Social Development Individuals develop a comprehension of social and moral development at a young age. Over the span of a lifetime, an individual will proceed through eight prominent levels of transformation that enhances a particular developmental function. (Ormrod, 2014). Erik Erikson, universally respected as a primary philosopher of the 20th century, founded the eight prominent levels of transformation which focus on individuals from birth through advanced adulthood (Kivnick, Wells, 2014). 1. Infancy: Trust versus mistrust Beginning in infancy, the ability to trust or mistrust other individuals is developed by the satisfaction of ones needs either being met or neglected, usually by the infantââ¬â¢s caretaker. If the needs are met the infant will develop a sense of trust. If the needs of the infant are untended to, the infant will develop a sense of mistrust deeming other individuals and the world around them unreliable (Ormrod, 2014). 2. Toddler years: Autonomy versus shame and doubt During toddler years, a child begins to develop control of their muscles, giving them the capability of fulfilling their own needs. When this type of self-sufficiency is encouraged by the childââ¬â¢s caretaker, a child will experience a sense of independence. If the undertaking of self-sufficiency is mocked, the toddler may establish shame and doubt in relation to their capabilities (Ormrod, 2014). 3. Preschool years: Initiative versus guilt As independence flourishes, a preschoolerShow MoreRelatedSocial and Moral Development1112 Words à |à 5 PagesIn this paper, I will be explaining the stages of social and moral development children experience from early childhood through adolescence. I will also be comparing the social and emotional development of the children in each of the age groups that I selected in Week Six, which were early childhood and middle childhood. There are six stages of social and moral development that children will experience from early childhood to adolescence. The six stages are broken down into three levels. The firstRead MoreAdolescence Is The Time Of Development Essay1221 Words à |à 5 PagesAdolescence is the time of development that starts at pubescence and ends at adulthood; the regular age extent is from 12 to 18 years, and this phase of development has some anticipated physical, cognitive, and social turning points (University of Rochester Medical Center Rochester, 2016). Pubescence includes particular physiological changes in an individual such as tallness, weight, body organization, sex attributes, and circulatory and respiratory frameworks. While their bodies are changing, soRead MoreErik Erikson s Theory Of Psychosocial Development Essay1366 Words à |à 6 Pages Abstract Erik Erikson (1902-1994) provided a new perspective of psychosocial behavior and development while expanding on the works of other theorists. Erikson believed there to be eight stages of psychosocial development which a person transitions through. These stages start at birth and end with old age/death. Eriksonââ¬â¢s work is used throughout many outlets of social work. Social workers use this information to help them figure out what is going on with clients and how best to help them. EriksonRead MoreThe Transitions Of Childhood And Becoming An Adult1637 Words à |à 7 PagesThe transitions from childhood to becoming an adult are a very complex process, as there are many changes taking place during these years of development. The years of development through adolescence are normally around the ages of thirteen to eighteen. Biological development can start from being as young as seven years old. There are three main transitions which are the biological changes. These changes are bio logical and physical, that can be seen during puberty (Kroger, 2006). The cognitive transitionRead MoreLife Span Development : Cognitive, Social, And Physical Development933 Words à |à 4 Pagesspan development: cognitive, social, and physical development. This class is not simply a discussion of nature vs. nurture, it explores the interaction between genetic and environmental factors that orient us towards specific behaviors. Initially, my views on life span development were limited to more sociological factors, and did not take into consideration physical developments of the brain. In relation to my personal and professional identity this course has made me realize that development occursRead MoreEssay about Lifespan Development and Eriksons Stages of Development1644 Words à |à 7 PagesLifespan development is essential, as it is the changes that happen to us throughout a personââ¬â¢s lifespan. Our development occurs at ages stages where we develop from infancy till death. This essay will contain my life story to display the domains in 5 age s tages in my lifespan development. The domains I will be exploring is in this essay is physical, emotional, cognitive, social, cultural and moral domain. The influence of biological and environmental play a significant role in my development. DevelopmentRead MoreMy Life Span Development Class1372 Words à |à 6 PagesI observed him while I was at home for spring break for my Life-Span Development class that I am taking at Dordt College. Before I observed my younger brother, I followed the proper procedure of asking for consent from his mother and having her sign a confidentiality statement. I had the pleasure of using my younger adolescent brother for this report and I was able observe him while he is in this adolescent stage of development. I completed this observation in my own home on a Thursday after myRead MoreEarly Childhood And Child Development928 Words à |à 4 Pageswell nurtured can live well and be sociable. Early childhood is the most rapid period of development in a human life. A child creates their own sense of identity. Indeed, it is important for a child to have a sense of identity. Although individual children develop at their pace, all children progress through an identifiable sequence of physical, cognitive, and emotional growth and change. The early child development approach is based on that children respond best when caregivers use specific techniquesRead MoreErikson s Theory, Vygotzy, And Piaget s Model1583 Words à |à 7 Pagesthese men studied the behaviors of people throughout their life thus being able to conduct and carry out the results for each of their theories. The development theories are based on changes that happen over a course of time when the person is alive. These three Psycholog ist define this development as a series of stages. A stage is a period in development in which people show typical behavioral patterns and establish specific capacities. A theory sparked a fuse in Piaget;s, Vygotzyââ¬â¢s, and Eriksonââ¬â¢sRead MoreThe Impact Of Social Constructivist On Children s Development1461 Words à |à 6 PagesSocial constructivist psychologists have confidence in that human behaviour can be understood by learning how people think and learn. They take into consideration modern research regarding how children think and learn at home, school and the environment around them. They believe that childrenââ¬â¢s development is assisted by adults as a natural progression instead of childrenââ¬â¢s developmental capacities occurring in stages at specific ages. (SMITH, Early Learning and Child Care, 2012) Jean Piaget was
The Adventures Of Huckleberry Finn By Mark Twain - 1647 Words
Analyzing Huckleberry Finn: Boyhood to Manhood Scottish industrialist Andrew Carnegie once said, ââ¬Å"As I grow older, I pay less attention to what men say.â⬠As one travels through the journey from childhood to manhood, one learns to focus more on individual assessments as compared societal values. In the bildungsroman The Adventures of Huckleberry Finn, by Mark Twain, the hero Huck, through his adventure from boyhood to manhood, discovers that the civilized society had taught him southern doctrines that went against his individual principles. Twain demonstrates Huckââ¬â¢s growth from childhood to adulthood, with respect to moral values, true friendship, and loss of innocence, in order to help readers connect their common experiences of growth with literature. The protagonist Huck undergoes complete moral transformation due to his experiences throughout his course of maturity. Huck first enters the novel as an adolescent outcast lacking religious and academic education. A lthough his caretakers, Widow Douglas and Miss Watson, try to reform Huckââ¬â¢s independent habits, he was tired of being told how to act. Huckleberry Finn only looks up to Tom Sawyer, a typical middle class adolescent indoctrinated with white social principles. When Tom Sawyer decides to create a group of robbers, Huck is excited to join on Tomââ¬â¢s adventures. However, one of the requirements of a participant is to agree with the murder of a family member if the rules of the gang are broken. Lacking a true familyShow MoreRelatedThe Adventures of Huckleberry Finn by Mark Twain830 Words à |à 3 PagesThe Adventures of Huckleberry Finn by Mark Twain is ââ¬Å"A Great American Novelâ⬠, because of its complexity and richness. Twain writes dialogue that brings his characters to life. He creates characters with unique voice and helps the reader connect to the book. Anyone who reads it is forced to develop feelings for each character. Even though there is a great amount of c ontroversy over the use of some choices, such as the ââ¬Å"n wordâ⬠, it makes the book more realistic. In the beginning of the novel Huck,Read MoreThe Adventures Of Huckleberry Finn By Mark Twain1103 Words à |à 5 PagesDmitri Van Duine Jr English Mr. Nelson November 27th The Adventures of Huckleberry Finn: Huck Finn and Tom Sawyer The Adventures of Huckleberry Finn, Written by Mark Twain filled his stories with many examples of satire as to convey a message while also writing an interesting story. The Adventures of Huckleberry Finn revolves around the adventures of a young boy called Huckleberry Finn, who is about thirteen years old. Tom Sawyer is Huckââ¬â¢s best friend and around the same age as Huck. He is onlyRead MoreThe Adventures Of Huckleberry Finn By Mark Twain Essay1055 Words à |à 5 PagesZambrano Mrs. Patmor AP Lit-Period 5 28 September 2016 Adventures of Huckleberry Finn 1835 Mark Twain embodies realism in almost every aspect of his writing not excluding The Adventures of Huckleberry Finn, which in he portrays such a lifelike setting that it almost gives you this sense of reality through the point of view of a young man that has an urge for freedom yet struggles to conform to society s norms due to his adolescence. Twain s ability to unmask the true identities of the charactersRead MoreThe Adventures Of Huckleberry Finn By Mark Twain931 Words à |à 4 PagesWolski Mrs. Goska English 2H Period 3 22 October 2014 The Adventures of Huckleberry Finn Mob mentality is the way an individualââ¬â¢s decisions become influenced by the often unprincipled actions of a crowd. Mark Twain penned The Adventures of Huckleberry Finn. Twain grew up in Americaââ¬â¢s southern states during the early 1800ââ¬â¢s, a time in which moral confusion erupted within the minds of humans. The Adventures of Huckleberry Finn s protagonist is a young boy named Huck who freely travels alongRead MoreThe Adventures Of Huckleberry Finn By Mark Twain1375 Words à |à 6 Pagesmention the years spent growing and maturing physically. Teenagers are stuck in an inbetween state where they must learn who they want to become and what they want to be when they grow older. The same is true for Huckleberry Finn, from the book ââ¬Å"The Adventures of Huckleberry Finnâ⬠by Mark Twain. This is a book that was written in a time of great confusion over moral codes and standards. It was a world split in half by two different worlds of people; those who opposed, a nd those who promoted slavery.Read MoreThe Adventures Of Huckleberry Finn By Mark Twain2083 Words à |à 9 PagesSatire in Huckleberry Finn In the novel ââ¬Å"The Adventures of Huckleberry Finnâ⬠by Mark Twain, we are told a story about a young boy and his slave companionââ¬â¢s journey down the Mississippi River and all of their encounters with other characters. Twain constructed a beautiful narrative on how young Huck Finn, the protagonist in the story, learns about the world and from other adult characters, how he is shaped into his own person. At the time this book was made however, this novel provided serious socialRead MoreMark Twain and The Adventures of Huckleberry Finn1575 Words à |à 6 Pages Mark Twain and The Adventures of Huckleberry Finn Controversy Mark Twain, born Samuel Langhorne Clemens, is a highly recognizable figure in American literature. Born in Florida, Missouri Mark Twain and his family moved to Hannibal, Missouri where Twain discovered and fell in love with the mighty Mississippi River. The river and his life in Hannibal became his inspiration and guiding light in most of his writing. Although Twain loved the river and did a great deal of traveling, he eventuallyRead MoreThe Adventures Of Huckleberry Finn By Mark Twain1005 Words à |à 5 Pages In the Adventures of Huckleberry Finn written by Mark Twain in the 19th century is about a young boy named Huck Finn and Jim, a runaway slave who go on an adventure. The two travel on a raft along the Mississippi river creating a bond and making memories. Mark Twain presents Huckleberry Finn as a dynamic character who at first views Jim as property and eventually considers Jim as a friend, showing a change in maturity. In the beginning of the book, Huck Finn clearly sees Jim as nothing more thanRead MoreThe Adventures Of Huckleberry Finn By Mark Twain1335 Words à |à 6 Pagesyear The Adventures of Huckleberry Finn is placed in the top ten banned books in America. People find the novel to be oppressing and racially insensitive due to its frequent use of the n-word and the portrayal of blacks as a Sambo caricature. However, this goes against Mark Twainââ¬â¢s intent of bringing awareness to the racism in America. The Adventures of Huckleberry Finn by Mark Twain is classified under the genre of satire and is narrated by a fictional character named Huckleberry Finn. The novelRead MoreThe Adventures Of Huckleberry Finn By Mark Twain810 Words à |à 4 PagesBefore Mark Twain started to write two of his most famous novels, The Adventures of Tom Sawyer and Adventures of Huckleberry Finn, Mark was known to use his characters to display his own thoughts and opinions. ââ¬Å"This device allowed him to s ay just about anything he wanted, provided he could convincingly claim he was simply reporting what others had said.â⬠(Twain, 1283). Mark Twain used this process to be a foundation of his lectures, by manipulating his popularly with his readers. During the story
Wednesday, May 6, 2020
The Handmaid s Tale By Margaret Atwood - 1540 Words
Name: Nicole. Zeng Assignment: Summative written essay Date:11 May, 2015. Teacher: Dr. Strong. Handmaidââ¬â¢s Tale The literary masterpiece The Handmaidââ¬â¢s Tale by Margaret Atwood, is a story not unlike a cold fire; hope peeking through the miserable and meaningless world in which the protagonist gets trapped. The society depicts the discrimination towards femininity, blaming women for their low birth rate and taking away the right from the females to be educated ,forbidding them from reading or writing. These appear in Ethan Alterââ¬â¢s observations that: In this brave new world, women are subjugated to the will and authority of men and divided into eight distinct classes. Wives are perched atop this government-mandated social strata, followed by daughters and then ââ¬Å"handmaids,â⬠a concubine class tasked with the job of continuing the human race, as sterility is on the rise. (Why ââ¬ËThe Handmaidââ¬â¢s Taleââ¬â¢ is the Prestige Miniseries We Need Right Now) The author, Margaret Atwood demonstrates the theme that in a violent isolated world, feminism is despised by the offended society, the inhuman treatment that women received may lead to physical and psychological perils; conversely, oneââ¬â¢s firm belief could embody hope and reveal a precise future. Atwood uses irony to impart the theme. Significantly, the protagonist Offred feels she increasingly losing control of her body as ââ¬Å" an instrument, of pleasureâ⬠(Atwood 84). But the infinite emptiness inside her can never swap out theShow MoreRelatedThe Handmaid s Tale By Margaret Atwood1357 Words à |à 6 PagesOxford definition: ââ¬Å"the advocacy of women s rights on the ground of the equality of the sexesâ⬠(Oxford dictionary). In the novel The Handmaidââ¬â¢s Tale, Margaret Atwood explores feminism through the themes of womenââ¬â¢s bodies as political tools, the dynamics of rape culture and the society of complacency. Margaret Atwood was born in 1939, at the beginning of WWII, growing up in a time of fear. In the autumn of 1984, when she began writing The Handmaidââ¬â¢s Tale, she was living in West Berlin. The BerlinRead MoreThe Handmaid s Tale By Margaret Atwood1249 Words à |à 5 PagesDystopian Research Essay: The Handmaidââ¬â¢s Tale by Margaret Atwood In the words of Erika Gottlieb With control of the past comes domination of the future. A dystopia reflects and discusses major tendencies in contemporary society. The Handmaid s Tale is a dystopian novel written by Margaret Atwood in 1985. The novel follows its protagonist Offred as she lives in a society focused on physical and spiritual oppression of the female identity. Within The Handmaid s Tale it is evident that through the explorationRead MoreThe Handmaid s Tale By Margaret Atwood1060 Words à |à 5 Pagesideologies that select groups of people are to be subjugated. The Handmaidââ¬â¢s Tale by Margaret Atwood plays on this idea dramatically: the novel describes the oppression of women in a totalitarian theocracy. Stripped of rights, fertile women become sex objects for the politically elite. These women, called the Handmaids, are forced to cover themselves and exist for the sole purpose of providing children. The Handmaidââ¬â¢s Tale highlights the issue of sexism while also providing a cruel insight into theRead MoreThe Handmaid s Tale By Margaret Atwood1659 Words à |à 7 Pagesbook The Handmaid s Tale by Margaret Atwood, the foremost theme is identity, due to the fact that the city where the entire novel takes place in, the city known as the Republic of Gilead, often shortened to Gilead, strips fertile women of their identities. Gilead is a society that demands the women who are able to have offspring be stripped of all the identity and rights. By demeaning these women, they no longer view themselves as an individual, but rather as a group- the group of Handmaids. It isRead MoreThe Handmaid s Tale, By Margaret Atwood1629 Words à |à 7 Pages Atwood s novel, The Handmaid s Tale depicts a not too futuristic society of Gilead, a society that overthrows the U.S. Government and institutes a totalitarian regime that seems to persecute women specifically. Told from the main character s point of view, Offred, explains the Gilead regime and its patriarchal views on some women, known as the handmaids, to a purely procreational function. The story is set the present tense in Gilead but frequently shifts to flashbacks in her time at the RedRead MoreThe Handmaid s Tale By Margaret Atwood1237 Words à |à 5 Pages The display of a dystopian society is distinctively shown in The Handmaidââ¬â¢s Tale, by Margaret Atwood. Featuring the Republic of Gilead, women are categorized by their differing statuses and readers get an insight into this twisted society through the lenses of the narrator; Offred. Categorized as a handmaid, Offredââ¬â¢s sole purpose in living is to simply and continuously play the role of a child-bearing vessel. That being the case, there is a persistent notion that is relatively brought up by thoseRead MoreThe Handmaid s Tale By Margaret Atwood1548 Words à |à 7 PagesIn Margaret Atwoodââ¬â¢s The Handmaidââ¬â¢s Tale, The theme of gender, sexuality, and desire reigns throughout the novel as it follows the life of Offred and other characters. Attwood begins the novel with Offred, a first person narrator who feels as if she is misplaced when she is describing her sleeping scenery at the decaying school gymnasium. The narrator, Offred, explains how for her job she is assigned to a married Commanderââ¬â¢s house where she is obligated to have sex with him on a daily basis, so thatRead MoreThe Handmaid s Tale By Margaret Atwood1256 Words à |à 6 Pageshappened to Jews in Germany, slaves during Christopher Columbusââ¬â¢s days, slaves in the early 1900s in America, etc. When people systematically oppress one another, it leads to internal oppression of the oppressed. This is evident in Margaret Atwoodââ¬â¢s book, The Handmaidââ¬â¢s Tale. This dystopian fiction book is about a young girl, Offred, who lives in Gilead, a dystopian society. Radical feminists complained about their old lifestyles, so in Gilead laws and rules are much different. For example, men cannotRead MoreThe Handmaid s Tale By Margaret Atwood1667 Words à |à 7 Pagesrhetorical devices and figurative language, that he or she is using. The Handmaidââ¬â¢s Tale, which is written by Margaret Atwood, is the novel that the author uses several different devices and techniques to convey her attitude and her points of view by running the story with a narrator Offred, whose social status in the Republic of Gilead is Handmaid and who is belongings of the Commander. Atwood creates her novel The Handmaidââ¬â¢s Tale to be more powerful tones by using imagery to make a visibleness, hyperboleRead MoreMargaret Atwood s The Handmaids Tale1793 Words à |à 8 Pagesthings unseen: A lengthy analysis of color and clothing in Margaret Atwoodââ¬â¢s ââ¬Å"The Handmaids Taleâ⬠(IOP) Hello everyone! Iââ¬â¢m Kealan Hennessy, and today my presentation is on an analysis of color and its uses in Margaret Atwoodââ¬â¢s novel ââ¬Å"The Handmaids Taleâ⬠. Colors are something often overlooked due to their naturally occurring nature; they are usually just simple, passive adjectives. Despite this common simplicity, in The Handmaids Tale Atwood uses color to a greater extent, to connect and insinuate
Earths Natural Energy Sources Essay - 1470 Words
INTRODUCTION Renewable energy is energy produced from natural resources such as, wind, sunlight, rain, tides and geothermal heat which can be re-used or replenished. Natural energies (renewable energies) have its advantages and disadvantages. The reliance on fossil fuel is reduced by the sources of renewable energy. Though the use of natural sources has many advantages over the use of fossil fuels, the cost of investment for it can be too high for some people. In this project, I will be highlighting mainly on the sources of natural energy and its advantages and disadvantages. EXAMPLES OF NATURAL ENERGY SOURCES WIND It is said that anything that has movement has kinetic energy, in which case wind is definitely going to be considered asâ⬠¦show more contentâ⬠¦Furthermore, wind turbines takes op less space than power stations. DISADVANTAGES OF WIND ENERGY If we need to produce large amount of electricity, we need to have loads of wind turbines. However, some people reckon wind turbines to be something that spoil the countryside. HYDROPOWER The word, ââ¬Ëhydropowerââ¬â¢ itself describes that itââ¬â¢s something to deal with water. The utilizing of energy in water is known as hydropower (also sometimes called as hydraulic power). It is conceivable to collect the energy in moving water and convert it to useful power. The fact that water is 800 times denser than air enables to get a significant amount of energy harvest even from a slow flowing stream of water, or moderate sea swell. One of the oldest examples of the use hydropower is watermill. ADVANTAGES AND DISADVANTAGES OF HYDROPOWER Firstly, this is a cheaper way of generating electricity as water used is free. No green house gas is being produced while the electricity is generated. However, the cost to build dams is high. Moreover, by building a dam, the nearby area has to be flooded and this could affect nearby wildlife and plants. SOLAR ENERGY Solar energy is the energy provided from the sun. Though the other forms of renewable energy, such as, wind, hydropower or biomass is thought of as separate forms of energy, they can actually be drawn back to solar energy. Solar energy can also be referred as thermal energy as it provides heat. We can use solarShow MoreRelatedThe Hidden Treasure Of Wind Energy1453 Words à |à 6 Pagesof Wind Energy During the course of history, this country has been seeking new forms of energy that will provide clean energy and also preserve Earthââ¬â¢s lifespan. The use of renewable and non-renewable resources has been a major controversy throughout history. Renewable energy such as wind power has been a main focus of this issue. Many believe wind energy is the best renewable power source over many others because it is the cleanest and most efficient, whereas, others view wind energy as a timeRead MoreClimate Change Is An Important Issue That Concerns Humanity999 Words à |à 4 Pagestemperatures. Every day, the enhanced greenhouse effect continues to advance, which significantly influences Earthââ¬â¢s long-term climate. In addition, human activity is also contributing to the increase of global warming and is already leading to harmful consequences. Some people believe that global warming is not occurring and the heating of the globe, is just a part of the Earthââ¬â¢s natural cycle . Several consequences such as, ice caps melting, show us that global warming is in fact occurring. ThereforeRead MoreEssay on Global Warming and the Greenhouse Effect 1500 Words à |à 6 PagesWarming is due to the greenhouse effect. The greenhouse effect is a naturally occurring process that aids in heating the Earths surface and atmosphere. It results from the fact that certain atmospheric gases, such as carbon dioxide, water vapor, and methane, are able to change the energy balance of the planet by being able to absorb longwave radiation from the Earths surface. Without the greenhouse effect, life on this planet would probably not exist as the average temperatureRead MoreDepletion of Non Renewable Resources of Energy1422 Words à |à 6 PagesAà non-renewable resourceà is aà natural resourceà which cannot be produced, grown, generated, or used on a scale which canà sustainà its consumption rate, once depleted there is no more available for future needs. Also considered non-renewable are resources that are consumed much faster than nature can create them.à Fossil fuelsà (such asà coal,à petroleum, andà natural gas), types of nuclear power (uranium) and certainà aquifersà are examples. Natural resources such asà coal,à petroleum,à oilà andà natural gasà take thousandsRead MoreWhat Factors Influence Earth s Climate?903 Words à |à 4 PagesEmily What factors influence Earthââ¬â¢s climate? Earthââ¬â¢s climate, or the particular weather patterns over an extended period of time, has many contributing factors and has varied over the course of the planet. The planetsââ¬â¢ global climate can also be broken down into regional climates based on the weather patterns of a specific area of land. These differing regional climates are averaged together and all contribute to the overall global climate of the planet. The Earthââ¬â¢s global climate effects factorsRead MoreEnergy Conservation Essay1345 Words à |à 6 PagesThe topic of energy is one that is seen in the news more and more as each day passes. As most Americans can tell you these days, energy is essential for industrial and technological development in this or any other country. However, some believe that certain traditional methods of producing energy, such as burning fossil fuels, are depleting the earthââ¬â¢s limited supply of natural resources and may also be harmful to the environment. They encourage the use of renewable sources of power, such as windRead MoreThe Effects of Global Warming on the Earth990 Words à |à 4 PagesGlobal Warming Earthââ¬â¢s temperature is a vital aspect to Earth and its surroundings. The atmospheric temperature along with natural gases is the significant reasons why Earth inhabits all of its life. When there are changes that alter the natural affects of Earthââ¬â¢s environment there are factors that places the environment at risk. Increase warming of global temperatures account as a major concern of Earthââ¬â¢s surroundings. Global warming is a prominent source to consider how and why the environmentRead MoreDifferent Types of Energy and Its Many Uses969 Words à |à 4 PagesIn the world today there are five different forms of energy available to us to use: mechanical, chemical, radiant, electrical and nuclear. (Tillery, 2009 p. 62) Each of these forms of energy can be converted from one type of energy to another. An example of this would be electrical energy turning into mechanical energy every time you use your blender. The electrical energy flows through the mechanical devi ce providing it the power it needs to make the blade move in a circular motion and blendRead MoreGlobal Warming Is The Environmental And Social Changes Caused By Human Emissions1652 Words à |à 7 Pagescontrast natural versus anthropogenic climate changes of global warming, mitigation strategies, mitigation effectiveness, policy implications, costs, and address some policy changes to help stabilize global climate and strict standards for business sectors or nations. Natural Climate change The Earth has been experiencing a considerable amount of climate change for the last several decades. Natural factors that contribute to the climate system consist of: volcano activity, solar, and earthââ¬â¢s orbitRead MoreGreenhouse Gas Emissions And Climate Change967 Words à |à 4 Pagesresponsible for all of the energy that enters the Earthââ¬â¢s atmosphere. The Earth s energy is in balance when Earth emits the same amount of energy as it absorbs (Schneider, 1987). But today, the Earth is absorbing more energy than is what is being released due to increases in greenhouse gases in the Earthââ¬â¢s atmosphere (Herbert, 2007). Out of the total energy entering the Earthââ¬â¢s atmosphere, as seen in Figure 1, only 30% is being reflected back into space due the Earthââ¬â¢s albedo (Schneider, 1987). The
Themes in Kate Chopins a Story of an Hour free essay sample
In a handful of the readerââ¬â¢s time, Chopin is able to bring out a countless amount of themes in her short story ââ¬Å"The Story on an Hourâ⬠, that are not only controversial, but fairly ahead of her time. Chopin uses her story to represent a negative view of marriage by presenting the reader with a protagonist who is clearly burdened by emotional struggles when she becomes a wife. Devastated by the sudden news regarding M. Mallard, Louise excuses herself and immediately runs to her bedroom where we see a change in her attitude and her face off with issues such as identity, oppression, freedom, and independence. With the large variety of themes presented throughout the story, hope is difficult to identify. While Louise is up in her room, she is staring out her window, witnessing the leaving of winter and the bloom of spring; a sort of euphemism towards the hope of her blossoming into a new person after her husbandââ¬â¢s death. We will write a custom essay sample on Themes in Kate Chopins a Story of an Hour or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page ââ¬Å"She could see in the open square before her house the tops of trees that were all aquiver with the new spring life. The delicious breath of rain was in the air. In the street below a peddler was crying his wares. The notes of a distant song which someone was singing reached her faintly, and countless sparrows were twittering in the eaves. â⬠(Chopin 12) When M. Mallard is revealed at the ending of the story, the flame of hope that was so briefly ablaze in Louiseââ¬â¢s heart is struck down, as well as her life. Whereas hope is one of the smaller founding themes in this story, oppression is more blatantly obvious. It is unquestionable that Chopinââ¬â¢s writing implies even a seemingly happy marriage, such as M. and Mrs. Mallardââ¬â¢s, in a patriarchal society oppression takes place unwittingly. While Mrs. Mallard readily admits she loves her husband throughout the story, her joy is soon evident when the news her husbandââ¬â¢s death reached her ears. ââ¬Å"There would be no powerful will bending hers in that blind persistence with which men and women believe they have a right to impose a private will upon a fellow-creature. â⬠(Chopin 13) Louise, as a woman who is not happy playing the role of subservient housewife, having the hope and prospect of freedom from oppression within hands reach, she felt, as the author describes, ââ¬Å"a goddess of Victory. (Chopin 13) With the theme of oppression, comes that of freedom and independence. In ââ¬Å"The Story of an Hourâ⬠, set in 1894, for women, independence was only a thought considered behind closed doors. When alone, Louise realizes she is now an independent woman and her grief slowly disappears and is eagerly replaced with joy and excitement, while she says under her breath: ââ¬Å"free, free, free! â⬠(Cho pin 12) Knowing the audacity of her thoughts, Louise attempts to hang on to her grief. However, once she accepts her feelings of joy, she feels possessed and overwhelmed by it and thinks to herself, ââ¬Å"There would be no one to live for during those coming years; she would live for herself. â⬠(Chopin 13) In short, when her husband returns home, unscathed, he unknowingly crushes all semblance of the hope, freedom and independence Mrs. Mallard had felt so keenly. The joy of independence, forbidden in a society filled with unreasonable and impossible demands on women, is so quickly ripped away from her that the brief taste of it alone was enough to kill her. In her story of an hour, Chopin manages to show us a lifetime.
Monetary And Fiscal Policy Essay Example For Students
Monetary And Fiscal Policy Essay Monetary and Fiscal PolicyThe Monetary and Fiscal Policies, although controlled by two different organizations, are the ways that our economy is kept under control. Both policies have their strengths and weaknesses, some situations favoring use of both policies, but most of the time, only one is necessary. The monetary policy is the act of regulating the money supply by the Federal Reserve Board of Governors, currently headed by Alan Greenspan. One of the main responsibilities of the Federal Reserve System is to regulate the money supply so as to keep production, prices, and employment stable. The Fed has three tools to manipulate the money supply. They are the reserve requirement, open market operations, and the discount rate. The most powerful tool available is the reserve requirement. The reserve requirement is the percentage of money that the bank is not allowed to loan out. If it is lowered, banks are required to keep less money, and so more money is put out into circulation (theoretically). If it is raised, then banks may have to collect on some loans to meet the new reserve requirement. The tool known as open market operations influences money and credit operations by buying and selling of government securities on the open market. This is used to control overall money supply. If the Fed believes there is not enough money in circulation, then they will buy the securities from member banks. If the Fed believes there is too much money in the economy, they will sell the securities back to the banks. Because it is easier to make gradual changes in the supply of money, open market operations are use more regularly than monetary policy. When member banks want to raise money, they can borrow from Federal Reserve Banks. Just like other loans, there is an interest rate, or a discount rate, the third tool of the monetary policy. If the discount rate is high, then fewer banks will be inclined to borrow, and if it is low, more banks will (theoretically) borrow from the reserve banks. The discount rate is not used as frequently as it was in the past, but it does serve as an indicator to private bankers of the intentions of the Fed to constrict or enlarge the money supply. The monetary policy is a good way to influence the money supply, but it does have its weaknesses. One weakness is that tight money policy works better that loose money policy. Tight money works on bringing money in to stop circulation, but for loose policy to really work, people have to want loans and want to spend money. Another problem is monetary velocity. The number of times per year a dollar changes hands for goods and services is completely independent of the money supply.., and can sometimes contradict the efforts of the Fed. The benefits of the monetary system are that it can be enacted immediately with quick results. There are no delays from congress. Second, the Fed uses partisan politics, and so has no ties to any political party, but acts in the best interests of the U.S. Economy. The second way to influence the money supply lies in the hands of the government with the Fiscal Policy. The fiscal policy consists of two main tools. The changing of tax rates, and changing government spending. The main point of fiscal policy is to keep the surplus/deficit swings in the economy to a minimum by reducing inflation and recession. A change in tax rates is usually implemented when inflation is unusually high, and there is a recession with high unemployment. With high inflation, taxes are increased so people have less to spend, thus reducing demand and inflation. During a recession with high unemployment, taxes are lowered to give more people money to spend and thus increasing demand for goods and services, and the economy begins to revive. .u6934f1f05592a163cafd9babf0dc3cac , .u6934f1f05592a163cafd9babf0dc3cac .postImageUrl , .u6934f1f05592a163cafd9babf0dc3cac .centered-text-area { min-height: 80px; position: relative; } .u6934f1f05592a163cafd9babf0dc3cac , .u6934f1f05592a163cafd9babf0dc3cac:hover , .u6934f1f05592a163cafd9babf0dc3cac:visited , .u6934f1f05592a163cafd9babf0dc3cac:active { border:0!important; } .u6934f1f05592a163cafd9babf0dc3cac .clearfix:after { content: ""; display: table; clear: both; } .u6934f1f05592a163cafd9babf0dc3cac { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u6934f1f05592a163cafd9babf0dc3cac:active , .u6934f1f05592a163cafd9babf0dc3cac:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u6934f1f05592a163cafd9babf0dc3cac .centered-text-area { width: 100%; position: relative ; } .u6934f1f05592a163cafd9babf0dc3cac .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u6934f1f05592a163cafd9babf0dc3cac .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u6934f1f05592a163cafd9babf0dc3cac .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u6934f1f05592a163cafd9babf0dc3cac:hover .ctaButton { background-color: #34495E!important; } .u6934f1f05592a163cafd9babf0dc3cac .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u6934f1f05592a163cafd9babf0dc3cac .u6934f1f05592a163cafd9babf0dc3cac-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u6934f1f05592a163cafd9babf0dc3cac:after { content: ""; display: block; clear: both; } READ: Real Meaning of LIfe EssayA change in government spending has a stronger effect on the economy than a change in tax rates. When the government decides to fight a recession it can spend a large amount of money on goods and services, all of which is released into the economy. Despite the effectiveness of the Fiscal policy, it does have drawbacks. The major problems are timing and politics. It is hard to predict inflation and recession, and it can be a long period of time before the situation is even recognized. Because a tax cut can take a year to really take effect, the economy could revive from the recession and the new unnecessary tax cut could cause inflation. Politics are another problem. Unlike the monetary policy run by the partisan Fed, the fiscal policy is initiated by the government, and so politics play a key role in the policy. When the concerns of the government are viewed, it becomes obvious that a balanced budget is not the primary objective, anyway. The fiscal policy can also be used as a campaign tactic. If tax cuts are initiated and government spending is increased, then the president is more likely to be re-elected, but has first to deal with the inflation his tactic caused. Monetary and fiscal policies are what helps keep the nations economy stable. With them it is possible to control demand for services and goods and the ability to pay for them. It is possible to manipulate the money in private hands without directly affecting them. The policies are simply a myriad of tools used to prevent a long period where there is high unemployment, inflation, and prices, along with low wages and investment.
Tuesday, April 21, 2020
The Funeral free essay sample
It was a gloomy day; the car was silent as we drove to the funeral home. It seemed like time was moving extra fast and my stomach seemed to be in my throat. When we pulled up in front of the funeral home my heart beat faster and I was now gagging on my stomach. The rain beat down hard as I said ââ¬Ëhelloââ¬â¢ to my relatives and family friends. The cold empty air hit me as I strolled to say hi to my aunt who was talking. With my pictures in my hand I walked up to the casket that I knew I would not be able to stand. As I looked down I broke out with tears, as fought to hold them back my cries began to become louder and I could now feel people hovering over me whispering unrecognized words. I then gained enough strength to put my pictures above his head as I could not take it any longer I had to walk away. We will write a custom essay sample on The Funeral or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I sat in the back of the funeral home crying for what seemed like hours. I had a pair of sunglasses on so that they would cover my eyes, my tears, and my pain but most importantly me. With the glasses on I felt no one could see me and they would all leave me alone. All I wanted at that moment was someone to understand, but at that moment all that came to mind was my favorite cousin, Keyona. She was my first cousin on my dadââ¬â¢s side and my motherââ¬â¢s first cousins daughter, so I was related to her on both sides of the family. We both had an equal relationship with our grandfather plus sheââ¬â¢s only a year younger than I am. Even though I had sisters, they were all too busy to understand my pain. I felt as if they didnââ¬â¢t understand, and that they didnââ¬â¢t know how much pain I was going through. As I flipped open my phone and dialed her number, a certain relief came over me when she answered in her sweet voice, but I felt certain guilt when all she could hea r was pain in mine. We led on into conversation about who was there and how far away she was from being there. I just couldnââ¬â¢t wait until she came. When I hung up with her I rested my head down until she was there, but I couldnââ¬â¢t sit there anymore. I got up and went out 2 feel the warm summer air that blew. My arms, legs, and nose were cold from just sitting there. As I sat next to the door I saw my cousin come inside and all I could do was smile. I gave her a kiss on the cheek and let her go inside to see our grandfather. When she came back I could plainly see that she was tearing up. I just gave her a hug, and I donââ¬â¢t know what it was about that hug, but we both broke down in each others arms. With no words exchanged I could feel that no matter how many friends I have my cousin will always be my best friend. There was nothing that any friend and I can encounter that my cousin and I hadnââ¬â¢t already gone through. When the service started the immediate fam ily (children, grandchildren, sisters, nieces, and nephews) all came in while the rest of the family and friends stood there. I felt as everyone put pity on the fact that my grandfather had just passed away and that they all were staring at me. Since my mother made me take off the sunglasses, my tear filled red eyes were piercing straight forward making little to no eye contact. I held my cousins hand and we proceeded to our seats. When we sat down, we sat right next to each other comforting one another. Half way through the sermon tears were still falling down my eyes and I felt as if I could not cry anymore. Then it all just stopped, the talking, the tears, the pain, all at once, but I knew that it would not last long. I just sat there staring at the red flower arrangements all I could feel was my cousin pushing me up to go the bathroom with her. When we got into the bathroom there was barely any talking until my little cousins came following. The words they spoke, sounded like t hey didnââ¬â¢t even care that we were feeling hurt at all. ââ¬ËDag, Shareece I ainââ¬â¢t even know you and Keyona was that emotional.ââ¬â¢ There was not one ââ¬ËAre you guyââ¬â¢s alright?ââ¬â¢ nothing like it. I just looked at them and smiled. I couldnââ¬â¢t feel anger at the way they turned their noses up at us, all I felt was emptiness. I figure now that theyââ¬â¢re too young to realize that when you lose someone a certain pain comes over you that you would have never thought would. When we sat back down, there was no more grief between us we just listened to the preacher preach and nodded our heads back. Then he asked if anyone had any stories to tell about him. All my strength I built up slowly broke down as I heard people talking about him. The jokes, laughter, and memories all made me sad once again. Then it was my turn to say the poem I had and as I read the poem everything was gone. After that I donââ¬â¢t remember anything else but leaving the funeral home. Poem: by Unknown If tears could build a stairway, And memories were a lane. I would walk right up to heaven, To bring you home again. No farewell words were spoken, No time to say good-bye. You were gone before I knew it, And only God knows why. My heart still aches in sadness, And secret tears still flow. What it meant to lose you, No one will ever know. You and angels around Gods happy throne. I would have held you closer if I had known The pain of losing a family member can always be hard, but when you lose someone so close to you after watching them suffer can always be a heartbreaker. Though it would have been a miracle if my grandfather survived his medical complications, I still had hope. Iââ¬â¢m just grateful that I had family and friends there to support me through everything.
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