Tuesday, May 19, 2020

The Theory Of The Workplace Planning Essay - 794 Words

advancement. Workplace planning should be used for organizational growth, and employee growth should be adjusted after quarterly reviews (Hassanain, 2010). Faith Evangelistic Assembly of God should employ two different strategies to recruit in order to fill vacancies. They should use internal recruitment, and external recruitment. First, the church can evaluate people within the organization who expressed a desire to move up in the organization. If these positions are not filled, the church can recruit externally with the use of social media. The purpose of internal recruitment before external recruit is to boost employee morale Established employees should not feel like they are being over-looked. Strategy Development: Theoretical Rationale: Theoretical rationale: Support your strategy development or rationale with psychological theory and proven consulting methods. The process of planning the workplace planning is subject to conditions of continuous change and uncertainty. The theory associated with workforce planning is developed on the basis of production and commitment aligning workplace to the organization’s general strategy. Workplace planning measures organizational needs, including user functions, geometrical and temporal needs, spatial performance, and associated costs, thereby enabling activity-based cost management. Opening a position for external candidates reduces the chance of promotions for existing workers. This may cause the existing employees toShow MoreRelatedFunctions And Functions Of Management1119 Words   |  5 Pagesengaging with an organisation s human talent and using the physical resources at a manager s disposal to accomplish desired goals a nd objectives (set by the stakeholders of the organisation) efficiently and effectively. Management comprises of planning, organising, staffing, leading, directing, and controlling an organisation (a group of one or more people or entities) or effort for the purpose of accomplishing a goal or objective which could either be set by the manager or the organisation’s highRead MoreManagement Foundations Essay1635 Words   |  7 Pagesthe framework from which later theories evolved and concerns efficiency and productivity, which in turn leads to effective and efficient management. Scientific management and the Administrative theory are both classical management theories, which provide information on managing in the workplace, which are very useful and vital to have in the workplace. These theories are very different in many ways as they both have different purposes when managing in the workplace although there are one or two similaritiesRead MoreManagement Theories1655 Words    |  7 PagesOrganization and Management Theories Heather Lunn-Howard HCS/514 11/3/2014 Jeani Thomas In this paper I will give an overview of four areas of management theory: Scientific Management, Human relations Theory, Bureaucracy, and administrative science. Along with some background on where each theory came from. Scientific Management Frederick Taylor, with his theories of Scientific Management, helped mold our modern management styles. In the early 1900s, FrederickRead MoreWorkplace Violence And Prevention And Health Administration1023 Words   |  5 Pagesimportant topics as: Workplace violence and prevention: Workplace violence as defined by the Occupational Safety and Health Administration [OSHA] is â€Å"any act or threat of physical violence, harassment, intimidation, or other threatening disruptive behavior that occurs at the work site† (n.d.). In recent years workplace violence has received accumulative consideration, and has been increasingly responsible of accidents and work injuries. There are several types of workplace violence, it can be presentedRead MoreThe Benefits Of Pr Planning936 Words   |  4 PagesThe benefits of PR planning. PR planning assists practitioners to execute a campaign effectively in areas such communication, budgeting, monitoring progress, key learnings and identifying areas of improvement, which in turn demonstrate credibility, alignment to organisational goals and return on investment (Public Relations Institute of Australia 2015). PRIA (2015) recommends as best practice planning for PR programs to include research, measurement and evaluation processes. Setting communicationRead MoreManagement Skills Need For The Business Successful And Profitable At The Global Platform1638 Words   |  7 Pagesmanagers inspire, some motivate and other fails miserably to engage their employees. The management skills need to be effectively leveraged so as to maximize the success of the business and are the key elements for making the healthy and desirable workplace. Business is an entity with several numbers of internal and external customers and these customers are effectively managed via effective managem ent skills. Thus, management skills is about knowing and doing, whereby conceptual rules of managementRead MoreContemporary Management And Employee Employer936 Words   |  4 Pagesrelations. Management theories and employee-employer relations have been expanded from Taylor Frederick’s scientific theory into multiple theories and strategies including contemporary management functions, contributions in regards to the functions and employee-employer relations. Modern management approaches recognise that not all theories can be applied collectively in all situations. However there are four rudimentary management functions that are recognized: Planning, Organising, Leading andRead MoreHow Do People Learn Their Workplace?852 Words   |  4 PagesHow do people learn in their workplaces? That was a question in my mind while driving to the Jeddah Refinery where I had my first exposure to a workplace as an intern in 1998. I realized through that experience the difference between classroom learning and workplace learning. Since then, I have been interested in workplace learning as a lively topic throughout various stages in my career. I am currently work as a learning and staff development specialist. This job requires a set of roles and responsibilitiesRead MoreTheoretical Models847 Words   |  4 Pageswill know the individual positive or negative attributes of each employee. This will assist in determining how best to motivate everyone for t he good of the department. Many motivational theories exist but only equity and goal-setting theories will be discussed here. Equity Theory Theory Description Equity theory basis relies on the comparison of inputs to outcomes. In the work setting an employee’s education, skill set, and anything else he or she brings to the job position provides the input.Read MoreOrganizational Communication: Helps The World Stay Functional?.1034 Words   |  5 Pagescontribution within our American and Global society. We understand the practice of non-verbal communication. We understand the cyber culture of communication and how technology has developed the way we communicate. Nonetheless, out of the many aspects and theories, organizational communication is one of the most prevalent in the American society. America is well established for big business and corporations that work with and through communication. With organizational communication, it upholds the efforts

Saturday, May 16, 2020

I’M Doing This Essay On Which Of The Presidents We Think

I’m doing this essay on which of the presidents we think are either the best or the worst. Some of the presidents that we think are the best are Abraham Lincoln, George Washington, John F. Kennedy, Teddy Roosevelt, Franklin Delano Roosevelt, Dwight D. Eisenhower, Lyndon B Johnson, Woodrow Wilson, Thomas Jefferson, Ronald Reagan. While some of the presidents I think are the worst are George W. Bush, Zachary Taylor, Ulysses S. Grant, John Tyler, Millard Fillmore, William Henry Harrison, Franklin Pierce, Andrew Johnson, Warren G Harding, James Buchanan. (Great introduction!) (Provide more of a preview for a few of these presidents to get the reader interested.) The Top 10 Best Presidents First on the list is Abraham Lincoln. Abraham Lincoln†¦show more content†¦He also tried to lift the U.S. out of the Great Depression, but to no avail. He adopted the â€Å"Good neighbor† policy which helped better the relations with Latin America. Dwight D. Eisenhower was a supreme allied commander in WW2. He worked to bring peace to the world, after WW2, and helped increase the social welfare programs. He also helped to end the Korean War and sent troops to Little Big rock so African American kids could attend school. Lyndon B. Johnson became president after Kennedy was killed, and escalated the war in Vietnam. He created a war on poverty and, because of his unpopularity, did not seek a second term. Woodrow Wilson tried to keep America out of WW1 but later declared war on Germany. He was a college professor, college president and the governor of New Jersey. He founded the League of Nations, a early version of the United Nations, and was determined invalid to serve t he rest of his term due to a stroke in 1919. Thomas Jefferson was one of the founding fathers and a author to the draft of the Declaration of Independence. He sent Lewis and Clark out to explore new US territory. He was a legislator, lawyer, diplomat, architect, inventor, agriculturalists, and a writer. Ronald Reagan helped to free hostages from Iran and saw the downfall of the communist Soviet Union. He also lowered US taxes, got us out of the Cold War, and provided more than 16 millionShow MoreRelatedThe Legacy Of Abraham Lincoln Essay1547 Words   |  7 Pagesyou think of a past president, what exactly do you think? Do you think about what made them a great president or what made them a not so great president? In the eyes of many, Abraham Lincoln our 16th President was considered one of our greatest presidents. During Lincoln’s presidential era, slavery was alive and thriving as a successful business. Lincoln didn’t completely have the same feelings as others abo ut slavery; he viewed slaves as people and not by the color of their skin. President LincolnRead MoreAgenda Setting Theory Essay examples950 Words   |  4 PagesGlFinal Exam Essay 2 1) Define and illustrate (i.e., give examples of) agenda-setting theory. How might a president try to use the media’s presumed agenda-setting powers near election time? In other words, might it behoove a president to take (or threaten to take) certain highly dramatic actions-especially concerning foreign affairs- just before an election that will impact strongly on the power of his/her political party? If so, what actions might a president be likely to take and under whatRead MoreCivil Disobedience, By Ralph Waldo Emerson1148 Words   |  5 PagesCivil disobedience this is how the internet defines it â€Å"The refusal to comply with certain laws or to pay taxes and fines, as a peaceful form of political protest†. The word explains it all disobeying in a Civil way. Many people have became famous for this for standing up for what they think is right. For example, Rosa Parks refusing to sit in the back of the bus, you can say that’s an act of civil disobedience s he didn’t think it was right for her to sit in the back of the bus after a long day sheRead MoreGraduation Speech : High School1357 Words   |  6 PagesWhen you think of students in college you think of hard homework assignments, long essays with short due dates, the last minute studying for exams and of course the partying that everyone looks forward to when it comes to being in college. Do you ever think about what happens when you don’t do the homework, not turn in the essay on time and do horrible on the exams and party a little too much? When this happens, grades tend to fall and when grades tend to fall it usually means you’re not doing what you’reRead MoreBecoming A Physician s Assistant One Day1474 Words   |  6 PagesAfter countless hours of staring at a blank screen, waiting for an idea to magically appear about how to begin this essay, all of the sudden the light bulb in my head turned on. I am just a nineteen year old woman, fresh out of h ighschool compared to other students in this college, but knee deep in my first semester. I am a biology major, attending a liberal arts college, with the intent of becoming a Physician’s Assistant one day. The question of, â€Å"how on Earth am I supposed to sway the minds ofRead MoreThe Campaign Of The Obama Campaign Essay1068 Words   |  5 PagesThe ad paints Mr. Trump as unpresidential and unfit for office, in the eyes of both children, and their voting parents. The Clinton campaign is continuing to focus its negative advertising efforts on the provocative remarks made by Donald J. Trump, this time in a commercial that invites adults to imagine what a child might be learning from his campaign. Where they see his acidic comments being played, the screen is filled with close-ups of children gazing at television sets repeatedly throughout theRead MoreMy Trip With Outdoor Adventure Club1354 Words   |  6 PagesAs I sit in the car on the way back from the Yosemite trip wi th Outdoor Adventure Club this weekend, I struggle to think of my â€Å"motif† of my life. This is an essay assignment at Menlo College, and I keep thinking of what I want in life to find my motif. I stare out of the window looking at the big mountains, thinking really hard about what my goal is for my life. I feel so small physically and mentally in such a big, natural place because it wasn’t manmade and is not the result of planned human choicesRead MoreHow Does Much A Teacher?995 Words   |  4 Pagesfrom pre-k all the way to college professors. (http://www.nsta.org/about/clpa/faq.aspx) One of the reason’s I chose this career was because I love to help people. Ever since I was little I use to play school with my brothers and sisters. Even as a senior in high school I tutor kids in my off time. I enjoy the satisfaction of knowing I made a difference in someone s life. In this essay I will be writing about how much a teacher makes in the United States, and wha t it takes to be one. Teaching goesRead MoreWhy was Hamilton important to the world of mathematics? Well, he invented quaternions. Now, I’m not700 Words   |  3 Pages Why was Hamilton important to the world of mathematics? Well, he invented quaternions. Now, I’m not sure how to explain it, since I haven’t really learned about it. The form of this expression is a+bi+cj+dk. In this expression, the variables a, b, c, and d are all real numbers. There’s a little bit more to it than that, but I will get into detail later. Now, I don’t know how you would use it, but I’m sure it’s important! He also invented Icosian Calculus. Hopefully I will learn more about bothRead MoreLying : A Negative Connotation Essay1339 Words   |  6 Pageshas a negative connotation in society. Once word goes around about an individual being a liar, the brutality of ostracizing commences, as if the world doesn’t possess enough pressures already. Yet, everyone lies, and lying can have positive benefits. We lie to protect our loved ones, to protect ourselves from harmful individuals or situations, and to avoid information going i nto the wrong hands. However, there are lies, such as rumors, that are used to destroy others identities, social life, self-concept

Wednesday, May 6, 2020

Monetary Policy Will Influence The Australia Economy

Introduction After the deepest recession in the world economy following the Global Financial Crisis, the whole economy operated under a loose monetary policy. The starter was the three-round quantitative easing announced by the US Federal Reserve, and then followed by the European Central Bank and the bank of England. Despite the QE, most central banks started reduction of interest rate. On Mar 3rd, the Reserve Bank of Australia announced a cut in the cash rate by 25 basis points to 1.75 per becoming the lowest cash rate in history. The purpose of this research essay is to analyze and discuss how such monetary policy will influence the Australia economy. The focus of my analysis will be divided into three areas, the impact on inflation†¦show more content†¦Lower cash rate provides cheaper borrowing rates to households and firms. Cheaper loan encourages households to spend more on goods and services; this increase in demands drives the prices up. For firms, lower cash rate reduces their costs of borrowing; in turn firms have a better chance to acquire properties, expand or paying more wages. So households have even more to spend. Therefore, lower cash rate tends to increase the inflation and decrease the unemployment rate. On the contrary, continuously lowering cash rate, which is what has been done by RBA in the past five years can signal to the market that economy is not growing substantially. Firms expect a lower return on the investments, and hence tight up their capital to avoid going liquidity. This may result into lower wages, and job-cuts. So without confidence of the economy in the future, lower cash rate may result in lower inflation and higher unemployment rate. However, almost for all the economic models, there is one tacitly accepted assumption, that is, everyone and everything being rational. Life has proved that this is not true, or at least, not always true. A simple example is that people often choose their interested job rather than the job gives highest NPV. In such manner, I will introduce the model of irrational household behaviour3 developed by Bojan Krstić and Milos Krstić. The model explains that households maximize their utility based on both current situation and previous experiencesShow MoreRelatedThe Growth Of The Australian Economy1546 Words   |  7 Pagesdownturns. Recently, Australia facing two crucial issues in their economy, those are increasing budget deficit and houses affordability. In the long term, those two issues can deteriorates the economy. By increasing budget deficit, it affect to a decrease in living standard because the future generation need to pay more tax for paying the debt. As the housing pri ces goes higher and significantly overvalued, the Australian economy growth slowly. And affect the Australian economy. The Australian governmentRead MoreThe Fiscal Monetary Policy Of Australia1566 Words   |  7 PagesThe post-GFC expansionary monetary policy of Australia Background The global financial crisis (GFC) is begun with the collapse of Lehman Brothers in Sep. 2008, when a loss of confidence in stock investors of the value of sub-prime mortgages caused a liquidity crisis, resulting the global central banks injecting a large amount of capital into the financial markets and consumers confidence hit the bottom, according to McKibbin, W.J. (2009, p.1). The second phase of GFC stepped after the US bank crisisRead MoreDiscuss The Best Option For Australia And Will Justify The Rationale1706 Words   |  7 PagesIntroduction The use of both monetary and fiscal policies has been specifically aimed at reducing inflation and implementing policies for sustained economic growth. This paper will present a discussion on the definitions of each policy while examining their role in economy. Based on the obtained insights, the paper will discuss the best option for Australia and will justify the rationale. In the end, the discussion will be given a conclusive shape in which the key learning will be summarized andRead MoreMonetary Policy And Its Effect On Economic Growth1550 Words   |  7 PagesEconomics for Business 2 Topic: Recent Monetary Policy in Australia Monetary policy is important to the economic growth, and it involves setting the interest rate on overnight loans in the money market (RBA 2015). This interest rate is also called the cash rate, and it influences other interest rates in economy which include the behaviour of borrowers and lenders, economic activity and ultimately the rate of inflation (RBA 2015). Why do you think that monetary policy is less effective in boosting economicRead MoreNotes On The Cash Rate1232 Words   |  5 PagesQ1. Explain what the cash rate is in simple terms. How do these rates influence the levels of other interest rates in the economy? The cash rate is a special benchmark interest rate set by the Reserve Bank of Australia (RBA) based on its inflation target that is charged on overnight loans to commercial banks (Lowe, 2009). Because the amount of money a bank has fluctuates daily based on its lending and borrowing activities, the central bank always lends money overnight to banks that experience a shortageRead More Role Of Government In Mixed Economies Such As Australia Essay1741 Words   |  7 Pages Role of Government in Mixed Economies Such As Australia What role do governments have in modern mixed economies such as Australia? Using appropriate indicators (macro economic aggregates) outline the present state of the economy. In what ways is the Commonwealth government using fiscal and monetary policies to influence the Australian economy? What are the main features of the governments micro economic policy? Why is the government concerned about microeconomic reform? Synopsis: The role ofRead MoreFactors Affecting The Australian Financial Stocks1594 Words   |  7 Pagessignificant role in its own economy. Furthermore, the financial stocks that act as an important sector of the whole stock market are caused fluctuating by a large number of factors. Without exception, there is a great number of reasons for the volatility of Australian financial stocks, which cause the whole financial share market fluctuating unsteadily in Australia as well. The purpose of this report is to discover the most influential cause of financial stocks volatility in Australia. Moreover, This reportRead MoreWhy Monetary Policy Transmission Affects Economy Wide Interest Rates Essay1240 Words   |  5 Pages The RBA conducts monetary policy either by a contractionary policy, raising interest rates to fight high levels of inflation or an expansionary policy, reducing real interest rates to fight recession. The inverse relationship between real interest rates and household consumption as presumed by Keynesian model means, implementing either monetary policies will resolve in a transmission mechanism to interest rates and affect several components of PAE. How the overnight cash rate is successfully targetedRead MoreThe Main Objectives Of Monetary Policy843 Words   |  4 PagesThe main objectives of Monetary Policy (RBA, 2016) are: †¢ stability of the currency of Australia; †¢ the maintenance of full employment in Australia; †¢ and the economic prosperity and welfare of the people of Australia. To satisfy these objectives, the bank and the federal government together decided in October 2013, that the inflation target is to be kept within an average of 2-3% (RBA, 2016). The Reserve Bank of Australia seeks to and can in effect, control/influence inflation by monitoring theRead MoreQuestions on Economics, the Recession, and the Federal Reserve974 Words   |  4 Pagesand services become volatile. Most agree that it is impossible to eliminate recession in a capitalistic economy, since it is so cyclic. Recessions may trim weak business and allow stronger ones to survive by employing techniques that improve quality and service. Recession does not mean depression; it simply means that there are peaks and valleys within the overall economic system. Now that economies are more global though, these dips have a far more reaching set of consequences. In most firms, however

Victims of Police Brutality What would You Do - 2013 Words

What would you or someone you love was a victim of police brutality? Would you report it, fight it, or go on as if nothing happened? Despite research studies proving that the use of police brutality is a part of self-defense for the law enforcement, others opponents disagree on this research and feel they’re abusing their authority and using excessive force. Police brutality has been around for decades. In the 1960’s, African Americans were seeking to declare their rights to vote, march, or enter desegregated school caused conflicts with the white Americans and were trying to deny any Black citizen from joining anything that included white citizens, but because the African Americans knew that violence was not the answer to their†¦show more content†¦The next several day’s riots accumulated in Los Angeles because of the trial. The riot caused 60 deaths, 2,000 injuries, and $1 billion of damage. After the King riots similar police brutality continued in New York City that made major cities headlines. A Haitian immigrant Abner Louima was beaten severely and sodomized with a bathroom plunger by New York Police Department officers that were following his arrest outside of the nightclub. Police detectives shot an unarmed 23 year old immigrant from Guinea because they thought his wallet was a gun, the officers fired 41 shots, hitting the 23 year old 19 times. They were acquitted of all charged, that sparked widespread protests throughout New York City. Since the 90’s the crime rate has fallen but allegations of police brutality has continued. Critics have pointed out that LAPD officers shot and killed 70 percent more than suspects in 2011 than in 2010, even the murder rate in Los Angeles in 2011 had fallen to its lowest rate since 1963. (â€Å"Police Brutality†, Feb.) As us Americans we have the right to defend ourselves, and there is laws that protect the use of deadly force in public places. If we have the right to give harm to others because we feel threatened then why is it such a problem for officers using force if they feel threatened? According to polls from Issues and Controversies, Americans have aShow MoreRelatedPolice Brutality Of The United States1415 Words   |  6 PagesPolice Brutality Police abuse is one of the most violated human rights in the United States. Police are portrayed as heroes that stop bank robbers, stop kidnappings and catch murders, but as of recent year’s police actions have come into the public eye. While typically citizens worry about their safety from criminals, it also seems they have to keep an eye out for the people who are supposed to protect them from danger. Thousands of complaints about police brutality is reported each year, and seemsRead MorePersuasive Essay On Police Brutality1467 Words   |  6 PagesHow can we trust the ones that’s killing us? Law enforcement and police officers play a major role in our community. They help those in need keep us safe. Nationwide they also kill an average of 3 people every day. I thought whenever you become an officer, you have sworn to protect us. Police brutality is a major issue in our society today. Police work is dangerous. In the past, police officers were considered peacekeepe rs. Police have been occupied in shootings, severe beatings, and unnecessarilyRead MorePolice Misconduct and Police Brutality985 Words   |  4 Pages We hear about police misconduct case and wonder, Why don’t they do anything to stop this? Many say that we should keep the police officers’ perspective in mind. Others say that these actions are due to racism or post 9/11 paranoia. Whatever the excuse may be for these cases, there should be no need for violence anywhere. Police brutality videos go viral and reveal to the world that it actually happens and that it may happen to you too. This pervades people with fear and anger because theirRead MorePolice Officers And The Criminal Justice System1506 Words   |  7 PagesIt seems as if all you hear in the news today is tragic deaths involving unarmed black men and white â€Å"trigger-happy† police officers. But is that really the case? Is this a race thing? The media has hand-picked the leading stories to share with you. We often ask ourselves, â€Å"were these shootings justified?† But during this time of heightened concern all around the world about policing, a more essential question might be â€Å"Were we justified in sending them?† We can sit here and over analyze multipleRead MoreThe Violence Of Police Brutality1407 Words   |  6 PagesPolice brutality has been going on for quite some time now and it has caused many of the violence we see nowadays. A lot of police brutality is heard to be caused by racism. Although it may seem like logical thinking, people need to realize poverty may get a person to be mentally ill. A mentally ill person cannot always control themselves, and they can hurt others with no reason. Police deal with these people and after time working as officers they become paranoid, and respond aggressively in situationsRead MoreEnglish 1A Essay 3 1 3 1624 Words   |  7 PagesNovember 2014 The Horrors of Police Brutality Imagine being in the Bart train, going to a party with some of your friends, but while in route, you are shot by the Bart police for a crime you did not commit. This is the story of a young man named Oscar Grant. On New Years Eve of 2009, he was fatally shot. . Police brutality is the use of excessive force, physically or verbally, by a police officer. In one year, how many incidents of police brutality or misconduct do you think have occurred? In theRead MoreRacism And White Privilege Enforcement Essay1292 Words   |  6 PagesPolice officers, who were once referred to as peace keepers, are now more law enforcement officers. Police agencies around the United States seem to be stuck more on quotas and creating revenue for their county or city. Making many officers strive for many unnecessary arrests. Which as a following result has brought up a lot of tension between the police and their citizens. With increasing violence in cities and states; police officers methods have slowly be come more aggressive, bringing a rise inRead MorePolice Brutality Essay1279 Words   |  6 Pagesenforcement, police brutality has become a big problem within the United States. Granted, police brutality has been around for many years, but it was not as alarming as it has become now. Every day, minorities look over their shoulder and are becoming more scared as they do not want to become the next victim of a police brutality incident. Police brutality is the unwarranted or excessive and often illegal use of force against civilians by U.S. police officers. There are many forms of police brutality, whichRead MoreYanna Pasley. Police Brutality Against Minorities. In The1532 Words   |  7 Pagesyanna Pasley Police Brutality against Minorities In the movie, â€Å"Twelve Years of Slave† there was so much injustice for minorities. America has a come a long way since, slavery and segregation but there is still work to be done, specifically with police brutality. Police brutality is the use of unnecessary excessive force for the police’s purpose. Police brutality has risen over the past years. Ever since the Rodney King incident happened, it began the trend of police brutality against minoritiesRead MoreThe Acts: Police Brutality Essay1690 Words   |  7 PagesRacism and police brutality goes hand in hand, and causes a major concern in todays society, in the United States. On March 3, 1991 in California, Rodney King an African American, was pulled over after a high-speed chase, and after stopping was beaten by four white police officers (Worsnop 635). Tracy Brock also an African American was arrested in Manhattan in November of 1986. An officer smashed his head through a plate glass window, when Brock refused t o go into the officer’s lunchroom (Police Brutality

Account and Auditing International Telecommunication

Question: Describe about the Account and Auditing for International Telecommunication. Answer: 1. A business is synonymous to several risks and inherent risk is a risk that exists because of the existence of a business. In simple words, such risks will be present in a business, no matter what type of a business it is. Furthermore, these are not detectable even after employing proper audit procedures and other control programs. Such risks are diminishable to a very few extent and not on a large scale. OneTel Ltd, an international telecommunication company, provides a broad variety of integrated goods and services all over the globe. The company highly relies on effective technology and innovation to provide services to its customers. Initially, the company was a leader player throughout Australia but as and when other network providers joined the industry, competition grew on a very large scale. Hence, when such smaller companies joined the industry, communication services and call prices became cheaper. In other words, competitive prices started ruling the telecommunication industry and more amount of competition resulted into more competitive prices and telephony services in the industry. Besides, such competition also resulted in the decline of market shares of OneTel Ltd (Gaylord, 2001). The factors that would have resulted in the assessment of inherent risks in financial reporting are: As per the companys financial statements, the shares were issuable in the open market. This is evident from the case when the shares rose from $355.6 million in 1999 to $1225.6 in the year 2000. In relation to the same, it is observable that inherent risks will prevail especially when heavy investments and transactions are associated. Although the system of dematerialization has facilitated in simplifying the control processes, still it fails to diminish inherent risks because of huge transactions and the complexities associated to money receipt, share allotment, and complete share issue system. Therefore, the process necessitates an enhanced assessment of inherent risk (Jones Hensher, 2007). As per the cash flow statement of the company, it is evident that a license transaction procured by the company in the year 2000. Furthermore, capitalization, license acquiring, amortization, and maintenance of these are a very huge procedure. In other words, an enhanced financial planning and assessment is highly needed. This also facilitates a necessity of higher assessment of inherent risk. Valuation of intangibles and their expenses are examples of some computations that require intercession of management. However, since these transactions are prone to frauds and errors, measures of risk mitigation and due care is highly needed. Therefore, as per the financial statements, the company acquires several advances and loans and as these are prone to frauds and errors, proper assessment of inherent risk becomes crucial. The company has also taken borrowings that necessitate the process of inherent risk assessment. Abnormal items in financial statements necessitate assessment of inherent risks in place so that mitigation can minimize their impacts. The company possesses heavy accumulated losses both at consolidated financial statement and entity stages. The maintenance and calculation of these losses is very complex that necessitate management intercession. An enhancement in the value of the companys fixed assets is also evident, that signifies more purchase of fixed assets only by the management. In other words, discretion of management is evident operates in such a case. Hence, this highly requires proper assessment of inherent risk in place. Furthermore, strategic risks are vital to a business functioning and require care and attention regularly. Due to inappropriate decision-making or failure to implement relevant plans, such risks arise. Planning risks like share issue, acquiring of license, and shares are identifiable at the level of strategic risk evaluation. Risks from the higher level are re-assessable in the subordinate stages in the viewpoint of control risks and inherent risks. 2. As inherent risk is all about judgements, the judgement of individuals is highly relatable with the measure of risk. Control and detection risks are surpassable but what remains is that the judgement and managements far-sightedness is very necessary for inherent risks. Such risks will prevail in the system irrespective of the strategy of risk management. However, the effects of inherent risks are highly reliable on several factors that are: The most significant factor that plays a role towards increase in inherent risks is the presence of a huge network of different companies. In other words, the presence of such huge company network comprising of associates, subsidiaries, partnerships, joint ventures, holdings etc highly contribute towards an enhancement in inherent risks (Makela Makela, 2009). Besides, the chances of risks are higher given such huge network of companies. As and when complexity within the management increases, abilities of the management to prevent inherent risks within the company also decrease. Non-routine activities, abnormal items, and transactions play a key role in adding towards an enhancement in inherent risks. Abnormal activities or items necessitate adjustments and speculative activities that summons inherent risks. Furthermore, due to the managements subjectivity, any kind of transaction that requires ideas and forecasts are exposable to inherent risks (Mak et. al, 2005). In other words, measurement and management of events and transactions in the company necessitate ideas and estimates that cannot always hold beneficial for the company. Another factor that facilitates towards an enhancement in inherent risk is related party transactions. This is due to the managements subjectivity towards a transaction. Probable violations of debt covenants also play a role towards inherent risk enhancement. In the given case of OneTel, heavy loans are taken by the company and all come with debt covenants. Contravention of a companys debt covenant can also result in consequential outcomes. Repayment of such loans together with their interest is not an easy task and a significant risk of the managements countermand always exists. If the management exaggerates in its activity, the risk can never be discoverable or detectable. Therefore, more strong is the audit team within a company, the fragile are the risks. Moreover, the insufficiency of audit team also plays a major role towards such inherent risks in business. If an audit team is highly incompetent, then this factor also contributes towards inherent risks (Roach, 2010). Therefore , expertise, knowledge, and professionalism of audit personnel are a further requirement that detects and mitigates risks. 3. A business starts with a motive that it will assist in attaining huge revenues and will continue for an indefinite time. Therefore, any business activity that can upset this motive requires sudden action against it. The most relevant assumption of accounting is that a business must operate for an indefinite period and that too, in the most effective way. Besides, any type of event, decision, and transaction that can destroy such assumption is highly necessary to create highlight. Even the investors and other stakeholders of a company expect the business to earn consistent revenues and operate for an infinite time (Messier Emby, 2005). Any petty activity that can hamper the above-mentioned needs must be given due consideration because this relies on the expectation of not only the management but also the stakeholders of the company. It is crucial for the auditors and directors of the company to scrutinize these impacts through evaluation of going concern assumption. Sudden or unspecific financial crisis is far beyond any control but the prevalence of controlled measures is effective to prevent such a situation (Gay Simnet, 2015). The factors that can hamper the assumption of going concern are failure to repay major debts, loss or withdrawal of KPI (Key managerial personnel) without replacement, signs of removal of credit assistance, inability to fulfill covenants of creditors, incapability to encounter competition, regular destruction of the companys assets resulting into losses etc. All of these factors can result into potential erosion of the companys finance, and its goodwill, thereby affecting the assumption o f going concern within the company. In order to get rid of such a circumstance, it is the managements duty to provide a keen interest towards the company so that frauds and errors are detectable. Some of the factors are obviously under the control of the management in such a situation but there are also factors that are far beyond the reach of the management (Livne, 2015). Immediate variations in inclinations, introduction of new goods into the market resulting into the companys failure to survive effectively, natural calamities beyond human control, immediate failure, or destruction in market etc are few situations that play a key role in affecting the assumption of going concern of a company. However, it is notable that such a company does not have any potential control over these factors (Kedia Philippon, 2006). Hence, there needs to be a framework that can depict to the management the seriousness of the situation and how rapidly it needs to be resolved. Therefore, an effective sign of medium, high, and low are very supportive to judge whether the situation is perfectly manageable by the management or not. These signs also help in judging whether the circumstances are grave or non-grave in nature so that the management can take a rapid action. Such strategies are also employable by most of the companies worldwide because it assists in understanding the aggregate situation of the organization (Parker et. al, 2011). References Gay, G Simnet, R 2015, Auditing and Assurance Services, McGraw Hill Gaylord, B 2001, Liquidation of One.Tel of Australia Is Outlined, viewed 24 September 2016 https://www.nytimes.com/2001/06/06/business/liquidation-of-onetel-of-australia-is-outlined.html?_r=0 Jones, S. Hensher, D. 2007, Modelling Corporate Failure: A Multinomial Nested Logit Analysis for Unordered Outcomes, The British Accounting Review, vol. 39, no. 1, pp. 89-107. Kedia, S. Philippon, T. 2006, The Economics of Fraudulent Accounting, Rutgers University, USA. Livne, G 2015, Threats to Auditor Independence and Possible Remedies, viewed 24 September 2016, https://www.financepractitioner.com/auditing-best-practice/threats-to-auditor-independence-and-possible-remedies?full. Mak, T., Deo, H. Cooper, K. 2005, Australias Major Corporate Collapse: Health International Holdings (HIH) Insurance May the Force Be with You, Journal of American Academy of Business, vol. 6, no. 2, pp. 104-12. Makela, H Nasi, S 2009, Social Responsibilities of MNCs in Downsizing Operations: A Finnish Forest Sector Case Analysed from the Stakeholder, Social Contract and Legitimacy Theory Point of View, Accounting, Auditing Accountability Journal, vol. 23, no. 2, pp. 149-74. Messier, W Emby, C 2005, Auditing Assurance Services: A systematic approach, McGraw-Hill. Parker, L, Guthrie, J Linacre, S 2011, The relationship between academic accounting research and professional practice, Accounting, Auditing Accountability Journal, vol. 24, no. 1, pp. 5-14. Roach, L 2010, Auditor Liability: Liability Limitation Agreements, Pearson.

Tuesday, May 5, 2020

Compare and contrast the poem Meeting at Night by Robert Browning with Resolution and Independence by William Wordsworth Essay Example For Students

Compare and contrast the poem Meeting at Night by Robert Browning with Resolution and Independence by William Wordsworth Essay In this essay I will attempt to compare and contrast the poem Meeting at Night by Robert Browning with Resolution and Independence by William Wordsworth. I shall begin by analysing the poems and looking for three similarities and differences, which will make me decide my final conclusion. The simplest similarity that links these two poems is that they are both about nature. Meeting at Night gives the impression of secrecy and darkness that goes together with the night and the morning suggests the revelation which light brings that prevents them getting together. In Resolution and Independence Wordsworth describes the nature more briefly and accurately. The language Wordsworth has used has a great effect on our senses. For example, in the first line There was a roaring in the wind all night Here the use of metaphor roaring in the wind used by Wordsworth relies on our sense of hearing to enable us to experience this image fully. An image however is not necessarily only a visual image; the image can be created by the poets use of different senses and qualities. Both of the poems also change from negative to positive. In the first verse of Meeting at Night, Browning emphasizes a mans desperate and brave quest for romantic pleasure, which is prevented with obstacles and doubt. Also in the poem Meeting At Night, a powerfully romantic mood is built almost entirely by the use of images, which practically involve all of our senses. Only in the language of the third and fourth lines there is a hint of a metaphor used, which describes similarities between waves and living creatures: And startled little waves that leap In fiery ringlets from their sleep, The use of personification that gives personal qualities to the waves builds on the emotional description of nature and makes us more involved in the poem. It also helps us to relate to the description very easily. In Resolution and Independence, we are given a scene of the countryside that was stormy the previous night, but has cleared up through the morning and now proves to be a cheerful day. Both poems use traditional poetic techniques well. In Meeting at Night, Browning uses alliteration in the line, Then a mile of warm, sea à ¢Ã¢â€š ¬Ã¢â‚¬Å" scented beach; The use of alliteration is used to create specific sound effects. For example, the repetition of the s sound echoes as being read which will improve the emotional effect the poet is trying to achieve. By describing it to us using alliteration, the poet helps us hear as well as picture the scene he wishes to create. Personally this technique made me draw more attention to particular words. In Resolution and Independence in the language of the fifth line there is a hint of assonance used, Over his own sweet voice the Stock à ¢Ã¢â€š ¬Ã¢â‚¬Å" dove broods; The assonance is in the repetition of the o sound it is long  and lasting and it also creates a brilliant effect by occurring in the slow and deliberate part of the poem. Resolution and Independence also uses iambic pentameter which is an unstressed syllable followed by a stressed one more thoughtfully than Meeting at Night e.g. There was a roaring in the wind all night The underlined words are all stressed syllables, which make the poem easy to understand and it also results in a clear structure. On the other hand these two poems have variety of differences. Meeting at Night has detailed narrative structure with a beginning, middle and end, but Resolution and Independence has little narrative structure but is more descriptive and accurate. The structure of Meeting at Night is clear and an important contributor to the overall effect it has on us. The way Browning slowly builds up the tension throughout the poem helps us create a feeling of real excitement and mystery. In the poem the narrative structure is revealed through a series of images and ideas, which gradually develop the feeling and the meaning. Personally Meeting at Night has engaged me to read on to find out what happens next. It also creates suspense and tension by moving from negative to positive. .ua05db345b2d6245a0cec4952c8e7a121 , .ua05db345b2d6245a0cec4952c8e7a121 .postImageUrl , .ua05db345b2d6245a0cec4952c8e7a121 .centered-text-area { min-height: 80px; position: relative; } .ua05db345b2d6245a0cec4952c8e7a121 , .ua05db345b2d6245a0cec4952c8e7a121:hover , .ua05db345b2d6245a0cec4952c8e7a121:visited , .ua05db345b2d6245a0cec4952c8e7a121:active { border:0!important; } .ua05db345b2d6245a0cec4952c8e7a121 .clearfix:after { content: ""; display: table; clear: both; } .ua05db345b2d6245a0cec4952c8e7a121 { 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; } .ua05db345b2d6245a0cec4952c8e7a121:active , .ua05db345b2d6245a0cec4952c8e7a121:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua05db345b2d6245a0cec4952c8e7a121 .centered-text-area { width: 100%; position: relative ; } .ua05db345b2d6245a0cec4952c8e7a121 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua05db345b2d6245a0cec4952c8e7a121 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua05db345b2d6245a0cec4952c8e7a121 .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; } .ua05db345b2d6245a0cec4952c8e7a121:hover .ctaButton { background-color: #34495E!important; } .ua05db345b2d6245a0cec4952c8e7a121 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua05db345b2d6245a0cec4952c8e7a121 .ua05db345b2d6245a0cec4952c8e7a121-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua05db345b2d6245a0cec4952c8e7a121:after { content: ""; display: block; clear: both; } READ: "Tickets Please" and "The horse Dealer's Daughter"? EssayThe metre gives us meaning far more clearly and thoughtfully in Resolution and Independence. For example, in line 1, There was a roaring in the wind all night The image is wild, rough and casual. But as the story gradually develops the image starts to appear normal. Usually syllables that rhyme are stressed e.g. nightà ¢Ã¢â€š ¬Ã¢â‚¬Å"bright, floodsà ¢Ã¢â€š ¬Ã¢â‚¬Å" woods. Boring or common syllables are rarely stressed e.g. was, a, in etc. The thoughtful use of Iambic pentameter in Resolution and Independence makes the poem for us as readers far easier and straightforward. Wordsworths use of imagery makes us relate this poem to the environment we are living in, which makes this poem more realistic and true. Resolution and Independence also involves animals, unlike Meeting at Night, which is more about human beings and their struggles. Personally, I believe Wordsworth highlights the needs and struggles of animals and not just humans. Also there is the use of onomatopoeia in Resolution and Independence; roaring a word that imitates natural sound, so that sound reflects sense making the poem more exciting. In Meeting at Night Browning takes advantage of poetic techniques such as onomatopoeia and repeats this technique repeatedly throughout the poem which creates a desired effect. I personally believe the two poets are using different approaches to express the same emotion, which are the passion, feeling and love of nature. They also use similar ideas and images but far more differently. Both of these poets have chosen their words carefully, each word is there for a purpose. Both of these poems contain words that have their own special pleasant sounds for example slushy and roaring. I think the easiest way a poet can create a brilliant image is  through the use of metaphor, simile and personification. Effective imagery almost etches itself on our mind as readers and can be a very persuasive, acting to engage us strongly in the writing.