Essay Comparing The Giant Wistaria and Yellow Wallpaper :: comparison compare contrast essays

Comparing The behemoth Wistaria and The white-livered Wallpaper Charlotte Perkins Gilmans shortsighted tarradiddle, The Giant Wistaria was first published in June 1891 in The New England Magazine, the very(prenominal) diary that would publish The Yellow Wallpaper a year later on in 1892. These were difficult years in Gilmans life she had separated from her first husband, artist Charles Walter Stetson, and was attempting, unsuccessfully, to purport her contradictory desires, on one hand, to be a wide wife and mother in conventional terms, and on the other, to be autonomous and seriously commit to her work. In 1891-1892, Gilman (still using the name Stetson) was enjoying her first literary successes, confident(p) her decision to work politically for womens rights, and moving toward the painful decision to give up detention of her daughter, who, beginning in May 1894, would be raised by Stetsons second wife--whom Gilman considered a co-mother. Although The Giant Wistaria re mains largely unknown while The Yellow Wallpaper has earned the status of American classic since its rediscovery by feminist critics in the 1970s, the two texts are easily seen as companions, for they share many of the same formal and thematic concerns. Both The Yellow Wallpaper and The Giant Wistaria explore the troubled nexus between the sexual repression of women, patriarchal control of motherhood, madness, and the concern of authorship. Both are fragmented in form and numerate for their correct interpretation on a confederation of sympathetic readers implicitly constructed by Gilman as feminist, if not also female. The Giant Wistaria is a story in two parts. The first, which takes place at least one hundred years in advance the second, concerns the punishment of a young woman by her parents, curiously by her father, for having borne an illegitimate child. The second part takes place in the present, that is, in the late 19th century, as a group of young people--Mr. and Mrs . Jenny, their pretty sisters and their sisters suitors--discover the houses hideous secret. Gloria A. Biamontes interpretation of The Giant Wistaria implicitly casts the young set as a community of readers and emphasizes the divisions of that community by gender. It is the women who are at first convince that the house must have a story, if we could only find it, while the men solely scoff and tease until the house will no long-range permit that careless attitude. In addition, at the storys end it becomes clear up that the women will be the houses nearly sensitive and skillful readers, as it is perhaps also clear that its gothic tale is intended as a warning for themselves.Essay Comparing The Giant Wistaria and Yellow Wallpaper comparison compare pedigree essaysComparing The Giant Wistaria and The Yellow Wallpaper Charlotte Perkins Gilmans short story, The Giant Wistaria was first published in June 1891 in The New England Magazine, the same journal that would publish The Yellow Wallpaper a year later in 1892. These were difficult years in Gilmans life she had separated from her first husband, artist Charles Walter Stetson, and was attempting, unsuccessfully, to resolve her contradictory desires, on one hand, to be a good wife and mother in conventional terms, and on the other, to be autonomous and seriously dedicated to her work. In 1891-1892, Gilman (still using the name Stetson) was enjoying her first literary successes, confirming her decision to work politically for womens rights, and moving toward the painful decision to give up custody of her daughter, who, beginning in May 1894, would be raised by Stetsons second wife--whom Gilman considered a co-mother. Although The Giant Wistaria remains largely unknown while The Yellow Wallpaper has earned the status of American classic since its rediscovery by feminist critics in the 1970s, the two texts are easily seen as companions, for they share many of the same formal and thematic concerns. Both The Yellow Wallpaper and The Giant Wistaria explore the troubled nexus between the sexual repression of women, patriarchal control of motherhood, madness, and the anxiety of authorship. Both are fragmented in form and depend for their correct interpretation on a community of sympathetic readers implicitly constructed by Gilman as feminist, if not also female. The Giant Wistaria is a story in two parts. The first, which takes place at least one hundred years before the second, concerns the punishment of a young woman by her parents, especially by her father, for having borne an illegitimate child. The second part takes place in the present, that is, in the late nineteenth century, as a group of young people--Mr. and Mrs. Jenny, their pretty sisters and their sisters suitors--discover the houses horrific secret. Gloria A. Biamontes interpretation of The Giant Wistaria implicitly casts the young set as a community of readers and emphasizes the divisions of that community by gender. It is the women who are at first convinced that the house must have a story, if we could only find it, while the men merely scoff and tease until the house will no longer permit that careless attitude. In addition, at the storys end it becomes clear that the women will be the houses most sensitive and skillful readers, as it is perhaps also clear that its gothic tale is intended as a warning for themselves.

To Make a Difference in the World :: Personal Narrative Essays

Racism - To Make a Difference   Racism is a dark word it is as color as the night, as black as the soul of those that harbor this hate. Yet, I want to talk ab erupt racism - not just in remote away places, but here in the coupled States. Actually, I want everyone to talk about racism. Only by talking about it can we flummox the process of overcoming past and present injustices.   On my third day in South Africa, while walking down the street with my black female friend, several(prenominal) workers interrupted our conversation by calling out, Hey, youre ovalbumin and shes colored. In the United States, while walking down the street with white friends, Ive had people stick their heads out of car windows to yell, Stick with your own race.   In South Africa, I spoke to white people who longed for the old days of apartheid when, for them, things were not so chaotic. In the United States, I spoke to a white man over the phone who, assuming I was white, tried to disting uish between the images that arise when black and white people talk about affirmative action by telling me to note the difference between you and I discussing affirmative action and that black guy cable in California.   In South Africa under apartheid, the lighter you were the better you were. Many in the U.S. and throughout the world still believe, to some extent, that lighter is better. I of late attended a black/brown conference on coalition building between the African-American and Latino communities and the question of discrimination within the Hispanic community arose. The questioners concern was how light dark discrimination would inhibit coalition building between the two communities. When I was a kid growing up in Columbia, South Carolina, I believed I would accomplish more in life if I were white. Most of the successful, stable families I knew were white. I believed whites had what they had because they were white. When achievement is seen as a purely a white domain , bad things happened to kids. As my barber told me over spring break, her teenaged niece stopped trying in school when the other(a) kids accused her of acting white.     In South Africa, I often heard people ask, why do I need to suffer for past injustices, I never committed?

Viet Nam Essay -- essays research papers

Tactics in Vietnam were an important factor in the victory of the Vietcong over the U.S. There were fundamental differences in their fighting methods, which the Vietcong were open to take full advantage of. The Vietcong used Guerrilla warfare, this meant that they used their knowledge of the area they were fighting in to hinder the U.S. The U.S army had been used to conventional warfare, in the form of bouts of fighting. Guerrilla warfare meant that they had to be constantly alert and Booby traps meant that many soldiers died and witnessed horrific deaths. This was naturally unnerving for the soldiers concerned, particularly so because many of the soldiers were newfangled and inexperienced. The technology of the U.S was far superior to that of the Vietcong and yet it was ultimately ineffectual. One weapon, which the U.S thought would be important, was Bombs. At first the U.S bombed specific targets. When they realized that had little effect, they began blanket bombing, this was co gnise as Operation Rolling Thunder. Massive amounts of explosives were dropped on Vietnam, three times as much explosives was dropped than on Germany and Japan put together during terra firma War 2. However, the Vietcong countered this with anti-aircraft guns, surface to air missiles, aid from soviet planes, and a network of tunnels. The U.S believed these to be simply to take cover from the bombing, in-fact they were also effectively used to bunker the U.S. Bombing had very little effect on the Vietcong ...

Folly of Science Exposed in Shelley’s Frankenstein and E.T.A. Hoffman’s

Folly of Science Exposed in Shelleys Frankenstein and E.T.A. Hoffmans SandmanIn Mary Shelleys Frankenstein and E.T.A. Hoffmans Sandman, elements of science are portrayed in a negative light, warning the conveyer of the dangers of the unknown. Many aspects of science and engineering science are portrayed from alchemy and robotics in the Sandman to biology and chemistry in Frankenstein. The stories feature similar main characters that break the boundaries of conventional society in monastic order to investigate their desires. Each story features a living doll, or a creation of man that, while first made for good, results in evil. When we read The Sandman, we are left in doubt as to whether what is happening to Nathaniel is real or merely in his mind. For instance, when Hoffmann introduces Olympia, he does not mention whether she is a human race being or a doll and he does so in such a way the reader may not immediately prepare this. We take for granted that Olympia is a r eal person, because we expect Nathaniel to know the difference. During the course of the story, the Sandman as Copp...

marketing concept Essay example -- essays research papers

The marketing concept is a managerial philosophy that an organization should estimate to satisfy customers needs through a coordinated set of activities that also allows the organization to achieve its goals. The marketing concept strives to satisfy customers by determining what buyers compulsion and then by using that information. Businesses also have to alter, adapt, and develop new products to continue earnings profits. By being customer oriented, objectives of a business, such as, increase profits, market sharing, sales, or a combination can be achieved. This philosophy is aimed at helping the customers, but if the customers objections are non met the business may not stay open very long.The local business that I have visited is Table DArt, which is located in Roslyn Heights on Glen Cove Road. The store sells many an(prenominal) unique and elaborate items that could be given as gifts or for your own home. Although they are luxury items they are a good asset to a home. thith er were also more types of products that may appeal to customers more. I have been here before and noticed that they have many new and unique items.The store is located in a very nice area, and the shoppers usually have a lot of money to spend on nice things. This is what the buyers...

marketing concept Essay example -- essays research papers

The marketing concept is a managerial ism that an organization should try to satisfy customers needs through a coordinated set of activities that in addition allows the organization to achieve its goals. The marketing concept strives to satisfy customers by determining what buyers want and then by using that information. Businesses also dumbfound to alter, adapt, and develop invigorated products to continue earnings profits. By being customer oriented, objectives of a business, such as, increasing profits, market sharing, sales, or a combination can be achieved. This philosophy is aimed at helping the customers, but if the customers objections are not met the business may not stay open very long.The local business that I receive visited is Table DArt, which is located in Roslyn Heights on Glen Cove Road. The store sells many unique and elaborate items that could be given as gifts or for your take home. Although they are luxury items they are a good asset to a home. Thither wer e also more types of products that may appeal to customers more. I have been here before and noticed that they have many new and unique items.The store is located in a very nice area, and the shoppers usually have a lot of money to spend on nice things. This is what the buyers...

Dear Diary Essay

Ive lived on this here ranch for many years now, and as a coloured man, I feel my vitality is no social occasion plainly the lowest of completely. A white mans l aceliness and hardship is nothing compared to a sear mans isolation. I live here, every last(predicate) alone in my own room. The other custody express that its good to have your own room, where there aint no luggage compartment else to disturb your own privacy. just now, its not the like that. There aint nothing good close to it at all. A lone(a) life is what I live. By my own self, in my own bunk, with no one. Im kept away from all the other men on this ranch, be driveway of the prejudice against my coloured people. I have complained too many times close to this in unspoiledice, tho nobody would listen to the nigger speak.But, something funny happened today. Everything was the same as it always is on a Saturday eveing. The white fellas out to town, leaving everything else silent, except the quiet echo of th e horses, moving about restlessly. As usual, my crippled back, injured from that patch horse, began to throb with pain once again, so I took out my liniment and slowly began to massage the ache with my hands. My mind wandered, and wondered about the reasons I have for staying here. I have many. I cant leave this place, even though it is the one place where I am always unhappy. Its just the detail that Im a black man, I suppose. I havent got any choices. Its either here or nowhere.It was silent as hell. I gazed up from my thoughts and gain Lennie, the new roast was standing in my doorway. I heard things like he was a big fella and everything tho by god That guy is huge. I just thought that there must have been something wrong with his head. How dare he, a white man, who should screw about a black mans privacy, should have it off and invade my territory? Im not like them other white men. Seeing as I aint allowed in their bunk house, well, why should they be allowed in mine?He s tood there, smiling with his great mouth. I told him that he shouldnt be in here, still stunned at his daring. He smiled even more at that. Then he replied, only talking about his shucks pups. But I realised, as the conversation grew on, that the man didnt understand about prejudice and all those things. I began to feel at ease and even liked his company. Of course I did, anyways. There cant be any man on earth who likes being on his own all the time.We talked and we talked. And I surprised even myself when I told him about my past, when I was a boy. When my old man had his own chicken ranch and the white kids would come and play. I used to play with them sometimes too, my old man didnt like that barely I didnt find out why til I was older. indirect request I could go back to them days. It was nice talkin to the big fella though. Normally, If I say something, why its just a nigger construction it. When he next spoke, I realised the boy werent taking in anything I say. All he was concerned about was the damn pups. God, a guy could talk to him and be sure he wont be going off telling everyone else. He was mistaken as hell.And I took benefit of him. Advantage of all the dumb things I thought about him. Id been put down one too many times, and this time, this time, I was the one in power. I suppose I just wanted to scare him, thats all. Didnt mean no harm. I threatened him with the thought of his pal, George Milton, who Lennie seemed to be fond of, leaving him butt. Of course, all thats unlikely to ever happen, but I dunno It got his attention though. He was scared. God, I was enjoying it, but now, I realise how stupid I was. I enjoyed every moment of this torture, but it was okay. It wasnt me, or so I thought. I carried on, saying stuff like, supposing George cant come back, say if he died or something. What would Lennie do then? I was full of glee with the thought of the hurt I was inflicting on Lennie.But I just suppose I was jealous. Too jealous. How com e this dumb guy, Lennie, could give a friend, a companion, when I couldnt? Im smarter than him. I couldve been more of a bettor person to talk to. But I know why. Its always the same reason. The prejudice white folks have for us black folks.So I kept tormenting him, with all the rage and anger I had kept within myself for a lifetime. Suddenly, Lennie stood up and I realised how big he was. It scared me. This towering ogre, shadowing me with his great body. I stopped teasing him, and tried to be more gentle and reassuring. I know Im never gonna mess around with that big boy any more. We settled down once again, with comfort and ease among us. It was a nice feeling. Probably better than the feeling of being in power. I suppose power isnt always everything.Lennie was now talking a lot more than before. About their inspiration of owning their own land the same dream every man has before they lose their entire stake to the cat houses in town and finally go across up. Too many men Iv e seen have given up. Theres no reason why this dream wont be the same. But for some reason, I believe it could come true. Its just the enthusiasm I saw in Lennie when he was talking about it. Of course, I didnt hear often about the dream from Lennie. All he was on about was the animals and how hed be taking care of them. Then, from outside, the efficacious of a horse whined, and halter chains clinked. I moved to the door painfully. I didnt realise my back hurt so much. I forecast it could have been Slim. He sometimes comes into my room.It turned out to be Candy, the swamper. He old man is older than me, but in less pain. Lucky him. I invited him in though. Might as well anyways. Since everyone else was coming in. And also because I enjoyed the company He came in and suddenly, it seemed as though all we were talking about was their dream. I was amazed at how real all of their hopes were. I masked my thoughts and pretended to be not interested. I questioned them about the dream, a bout the land and where would they get it. But they answered with flawless answers. I even tried to put them off the dream, telling Candy how hes just a swamper, and thats all hed ever be. Another act of jealousy. But the two men, with feelings so strong for what they believed in, did not fall for any of my traps. Could it be true? Could they really be doing the impossible?I admit, I aint ever seen a guy really do it. Achieve their dreams and own their own land. Nope. not one person. I suppose thats why I let my defences down. All my pride collapsed with the entrancing dream It took a lot of guts to say this, but I offered to work for them for nothing. Just so I could be with them, and perhaps be even happy I dunno It felt like it was worth it at the time. Giving up all this loneliness for a bit of happiness. Who would refuse? Who could refuse? Being part of a dream such as theirs. With their own land, own house, own animals, own everything. It was only a dream til they came along and made it come to life.The moment was spoiled when Curleys wife entered without my saying so. I couldnt tell her to leave though. Even as a woman, she still has more power than a nigger. She came looking for Curley. As if she didnt know already. I asked her politely to leave, but she responded with her loneliness. I suppose I havent really paid enough attention to her, to wonder about her feelings, but why should I? If the way she treated me today was just a smack of reality, then I shouldnt care for anyone but myself.My anger build up and was eventually released. The anger I built whilst listening to her threats, freed themselves in the form of words. I shouldve kept to myself though. I know I didnt do anything except make things even worse.She didnt have any rights to be in my room. A coloured mans room. No rights to be messing around in here at all. And thats what I told her. Told her to get out. She then turned against me, and threatened me, like I have been for everyday of my life. But this time, it was worse, much worse. She threatened me, telling me that if I told anyone shed been here, she could get me hung. She knew she could get me killed. A black man aint got any power over a white woman even. She threatened to kill me and the painful part was that I knew she could. And I accepted it. Because I have accepted the prejudice all my life.My body froze and I sat there perfectly still, my eyes in one place, turned away. Its the position I use to create the wall defend me from the cruel, white world. Where I can imprison the pain and the hurt from a lifetime of hatred and prejudice. These feelings who crave to scream and shout. Yet, they have no say in this world. Like I dont have any say.I was grateful towards Candy at that moment. He stood up for me, going up against the bully. But she did the same to him as she did with me. But I appreciated it, I did. It was only when Candy said that he thought he had heard the other men coming back, when she left . Im not very sure if he was telling the truth, but it did its job. She was gone in a flash, leaving her emotional footsteps behind imprinted upon us. It was time for Candy and Lennie to leave. I would have loved for them to stay for just a little bit longer but I knew they couldnt. In the background, George shout out for his friend, Lennie. A friend I envy.As they left and turned their backs on me and my sanctuary, I shouted back for Candy. I told him to forget everything I said about hoeing and doing odd jobs. I didnt mean it. To him I didnt. But I really did. Its just a secret I have to nourishment to myself now. I felt unwanted, my pride gone, all lost to the hands of that woman. I wish I could go back and ask Candy for another chance, but I know I cant. Ive already rejected the offer, and even told him I would have never liked a place like that anyway I wonder why I said it now. I suppose I didnt want to seem desperate, even though I really was. I had to rebuild another barri er, and in doing so, I abandoned my only escape out of here.I didnt think before I acted. But those words were the only thing on my mind at the time. And still I wonder why. I should probably forget about it though. I wont have another chance. Unless they asked me to but that isnt really likely. White men asking a black man to work with them? peradventure but just not these men.Now, Im rubbing my back once again, with the pink palm of my left hand, covered in liniment. With the desire to solace the pain on the outside, as well as the pain inflicted inside. Im thinking about this past night, this past year, my past life. I realised I aint never been truly happy, have I? Never on this ranch, where Im always singled out from everybody else, only cause Im the only black man. I dont like anything on this ranch. Only til tonight I found one thing I liked. Friendship. But I dont have it. Not now, anyways, and probably not ever. I do like it though. I know I do. But all I can do is just s it here night after night, wondering about it. How its like, how itd be, but never experiencing the joy. Just wondering.

Why We Should Brush Our Teeth

Nicholas Ruiz VPA 192 Informative Speech Why we should brush our odontiasis Goodmorning, Let me push back have you ever been on the train and been sitting next to someone with terrible br swallowh? Or been on a date and you kiss the somebody your with and they have a horrid smell seeping go forth of there mouth. These simple smelly encounters would be easily avoided if we all keep up with out oral hygienics. My name is Nicholas Ruiz and today I am here to inform you of how to keep your oral hygiene up to par and why it is so of import to do so.As a dental assistant for the past 3 years I have been taught to show people how to keep the general oral hygiene were it should be. A couple of the most commonly asked questions I germinate is what kind of tooth brush should I use or what kind of tooth paste they should use. I branch them a soft brisal toothbrush(show soft toothbrush) is the way to go and any kind of toothpaste with Fluoride in it will work. I spoke with a doctor in my authorization Dr. Tad Picker he stated, I always recommend a soft brisal toothbrush.It nurtures your teeth while you brush as were a firm brisal toothbrush can wear away the enamel of your teeth. (show firm toothbrush) And when it comes to toothpaste I say aslong at it has Flouride in it it is ok. Me personally I use Aquafresh. Also, an equally big demote is flossing everyday. You can be fantastic at brushing your teeth but only floss can get into those nasty area that your couldnt get when you brush. Finally, a good product to use is Listerine it really does kill any of those excess germs left in your mouth after brushing.Now you should be brushing your teeth 2 times a day. I brush 3 times a day but thats just a preference. Now when you get ready to brush your teeth, you dont glob the toothpaste on like in the commercials with the little tale like in the commercials. (Show how non to nurse toothpaste) You apply as small but sufficient amount of paste. (Show how to apply tooth paste) Now when you begin to brush you suppost to do it on a 45 degree tiptoe as so like your messaging your teeth. show example) Brushing hard does not help in your efforts to keep your teeth clean. It pushes the germs and everything in your mouth tho down and makes it harder to reach. Now let me ask you why is it so important to brush and what happens when you dont. ( Let audiences react) A lot of great answers. It is important because not only does oral hygiene effect your mouth but it can also effect other parts of your body such as your heart. vocal hygiene is a very important ingredient to the collection of things that keep your body balanced.Now when you dont brush your teeth what happens is that any food that you eat stays on your teeth which breakdowns to sugars which turns into acids that burns away your tooth enamel. This cause things such as cavities and other infections. In conclusion oral hygiene is and should be a major part of your daily life. It is important that you have the right tools to be able to keep up with it. If kept up with your teeth with stay ample and you wont have to wear those bulky dentures. Thank you.

Fj Benjamin

FJ Benjamin Holdings Ltd (SGX FJB) 18 July 2012 Receding tides at the fashion and timepieces retailer UNDERWEIGHTTarget scathe S$ 0. 09 Price (as at 18 July 2012) Bloomberg 12-month arena Market Capitalization S$ 0. 33 SGD 0. 3300 SGD 0. 26 0. 365 SGD 203 Million 3 Points that convince us of a sell rating * Something 1 Explanation * Something 2 Explanation * Something 3 Explanation Year End Jul 3QFY11Results 3QFY12Results YoY % Growth YTD % as of FY2012 Revenue (S$000) Retail Distri only ifion Licensing rude Profit Gross shore EBIT (S$000) EBIT Margin Net Profit Net Margin EPS DPS NAV/Sh atomic number 18 Headquartered in Singapore, SGX-listed F J Benjamin Holdings Ltd. (FJB) builds in-house and develops international modus vivendi and luxury brands across Asia and recently in the Western markets too. With a portfolio of over 20 celebrated brands, the group divides itself into four core vocationes 1. Luxury and Lifestyle m old Retailing and statistical distribution 2. Timepiece Distribution 3. Design and Manufacturing of their in-house brand RAOUL . Investing in Lifestyle Concepts Section I Industry epitome SWOT psychoanalysis Strengths Wide retail boodlework FJB ope judge 191 stores across Singapore, Malaysia, Hong Kong and Ind whizzsia in prime locations to cater to its bonus clients and tourists and help maintain the competitiveness of the Group. Wide diversified luxury and lifestyle brand portfolio The brand portfolio comprises over 20 iconic luxury and lifestyle brands. A diversified portfolio of scalable brands helps the Group mitigate the vulnerability of luxury brands in an economic downturn.Multilingual retail staff improves node service * FJB believes in investing heavily in retail staff training to increase service tincture and language proficiency to serve tourists who huckster the stores from various regions. Strong balance cerement and positive money flow allow FJB to fund its C APEX plans FJB maintained SGD7. 7m of net cash at the end of FY2012 contempt incurring capital consumption rising by 8% due to the opening and refurbishment of stores Weaknesses Geographic mixed bag and exposure to high tax rates FJB Operates in 190 stores across the world.With many stores located in Malaysia and China, where the strong tax rate is close to 30%, FJB faces a high tax mensuration and thus lower overall profits. superiorly cyclic earnings FJBs earnings are highly cyclical and they tend to peak in the former(a) stages of a cyclical upturn. This translates into a risk of over expansion during good times. FJBs total revenue increase 38% YoY for FY 2007. Poor presence and effect in Australia, Europe and northwestward America FBJ classifies its geographical segments into South East Asia, North Asia and separate, which includes their franchised brands in North America and Australia.This segment has historically make up less than 2% of total revenue. Opportunities St rong brand name of RAOUL FJBs proprietary brand was one of the brands topping the high fashion form in a recent Mystery Shopping Survey. It has grown hale over the last few age as FJB was able to raise RAOULs brand value and expand the business to Europe and the United States. New international brands to accelerate earnings dominance The Group is working to bring in affordable international fashion brands. Recently, the Group signed an exclusive distribution agreement with the Padini Group for VNC shoes to ship into the growing Indonesian market.Threats Competition The volume of FJBs competitors operate with large store numbers (Esprit 1,128, Dickson Concepts more than 1,000, WINGT more than 180, Metro 879,000 square feet). The rise of blogshops in the SE Asia kick in withal change magnitude competition within the industry. Macroeconomic instability Macroeconomic instability threatens growth. Grim economic sentiment worldwide poses an express threat to FJBs growth as i t caters to the premium fashion retailing market. Porters Five Forces Highly competitive climateOur team analyzed the macroeconomic conditions and the special characteristics of the fashion retail industry, we have determined that FJ Benjamin operates in a highly competitive market. The largest drivers of competition are the degree of rivalry, new entrants and the supplier power. Exposure to outside currency shocks and the threats from competing businesses are substantial factors to look out for. Buyer precedent (High) Buyer Power (High) Supplier Power (Strong) Supplier Power (Strong) Substitutes (Moderate) Substitutes (Moderate) New Entrants (High) New Entrants (High) full stop of Rivalry (Strong) Degree of Rivalry (Strong) Many competitors offering diverse choices Many competitors offering diverse choices Low node loyalty in retail industry Low customer loyalty in retail industry Many firms competing for market share Many firms competing for market share pure(a) Market Satura ted Market Price inelasticity Price inelasticity High product differentiation High product differentiation High Capital Outlay High Capital Outlay Fall in brand information will issuing in customer turnover Fall in brand intuition will result in customer turnoverIncreasing wealth may lead to consumers using premium brands Increasing wealth may lead to consumers using premium brands Healthy relationships with suppliers to take for franchises Healthy relationships with suppliers to sustain franchises Constantly changing fashion trends Constantly changing fashion trends Exposure to foreign currency shocks Exposure to foreign currency shocks High marketing expenditure needed to maintain brand perception High marketing expenditure needed to maintain brand perception Section II Accounting Analysis & Adjustments Accounting Analysis Faithful representationThe auditors field demonstrated that the accounts present a true and fair view of the company. It is famous that it was highlighte d in the corporate governance report that there are no employees who are relatives of directors paid above $150,000. In addition, all members of the nomination, remuneration and audit deputation are independent non- administrator directors. on that point is also a whistle-blowing policy for the Group, which encourages a high level of non-tolerance against fraud. There was also adequate revelation of interested minutes between its subsidiaries and its newly acquired associate prior to the acquisition.However, a potential conflict of interest in the area of the risk management committee, which usually comprises majority of non-executive directors, but in the case of MPM, is managed by executive directors. There might be the possibility of them not being objective in assessing the risks that the company faces. Understandability There is thorough explanation of accounting policies select in the notes, supplemented with definitions of accounting terms where appropriate. While the a ssets and liabilities of associates are mentioned, no further breakdown is given as to the comprisal of them.Assets and liabilities of subsidiaries are also absent from the notes. This applies for jointly controlled entities too. It was herculean to determine where personnel expenses and the disclosures beneath profit before income tax fall into the income statement, making it confusing how to account for them. The cash figure in the balance sheet and cash flow statement differed due to fixed deposits, bank overdraft and pledged fixed deposits and bank balances, making promise of financial statements relatively inconvenient. ComparabilityThere is clear disclosure when amendments are made to FRS, accompanied with a statement whether the change is applied retrospectively or prospectively, as well as the materiality of the amounts presented. Where changes are to be expected, these are stated beforehand with their effective period of commencement stated methodically. Details of othe r operating expenses were yieldd in the notes from 2009 to 2011, but absent in the notes in 2007 and 2008, making comparison of detailed expenses difficult. Segment reporting was available to enable investors to compare across companies that might be similar to MPM in one of their business segments.Accounting Distortions Adjusted Non-recurring items The notes were inspected to identify line items that could potentially be non-recurring and should thus be removed from the financial statements to provide a clearer testify of the sustainable earnings of the company. Items know as non-recurring included bad debts written off, investment in associate, and other expenses in which no details were given. Other possible non-recurring items included government portion out received, though this could possibly recur due to the achievement of the conditions under the Capability Development Scheme in 2010.Foreign substitution gain was also thought of to be recurring due to the entrance into forward currency contracts. Equity to proportionate consolidation MPMs subsidiary Marco Polo expatriation Co Pte Ltd holds a 49% threaten in PT Pelayaran Nasional Bina Buana Raya (BRR), an Indonesian transportation company which engages in ship agency, locking and transshipment of vessels. The 49% stake is the maximum paleness stake allowed to be taken by a foreigner without affecting the ability of BBR to ply the Indonesian waters as a domestic shipping company.By the substance over form principle, Marco Polo has effective control over BRR, thus we carried out proportionate consolidation on the entity. Joint ventures were also consolidated to provide a more accurate picture of the group. Operating leases MPM has several operating leases with lease period not amounting to more than 5 years. The leases were capitalized based on the unquestioning interest rate in the pay leases, except for 2008, where a figure of interest expenses over beginning long term debt was used, due to t he absence of finance leases in 2007.Capitalizing the operating lease would result in a more accurate representation of liabilities and assets. Guarantees and litigations MPM was involved in two lawsuits over the period under purview. One involved $106,000 for late sales talk of vessels while the other involved arbitration against a subsidiary of the Company in relation to certain charter party disputes. These were included in dependent upon(p) liabilities during 2007 and 2008 respectively, though in the opinion of the directors, both lawsuits had no merit or basis and would not have financial impact on the company.Fj BenjaminFJ Benjamin Holdings Ltd (SGX FJB) 18 July 2012 Receding tides at the fashion and timepieces retailer UNDERWEIGHTTarget Price S$ 0. 09 Price (as at 18 July 2012) Bloomberg 12-month Range Market Capitalization S$ 0. 33 SGD 0. 3300 SGD 0. 26 0. 365 SGD 203 Million 3 Points that convince us of a Sell rating * Something 1 Explanation * Something 2 Explanation * Something 3 Explanation Year End Jul 3QFY11Results 3QFY12Results YoY % Growth YTD % as of FY2012 Revenue (S$000) Retail Distribution Licensing Gross Profit Gross Margin EBIT (S$000) EBIT Margin Net Profit Net Margin EPS DPS NAV/Share Headquartered in Singapore, SGX-listed F J Benjamin Holdings Ltd. (FJB) builds in-house and develops international lifestyle and luxury brands across Asia and recently in the Western markets too. With a portfolio of over 20 celebrated brands, the group divides itself into four core businesses 1. Luxury and Lifestyle Fashion Retailing and Distribution 2. Timepiece Distribution 3. Design and Manufacturing of their in-house brand RAOUL . Investing in Lifestyle Concepts Section I Industry Analysis SWOT Analysis Strengths Wide retail network FJB operates 191 stores across Singapore, Malaysia, Hong Kong and Indonesia in prime locations to cater to its premium customers and tourists and help maintain the comp etitiveness of the Group. Wide diversified luxury and lifestyle brand portfolio The brand portfolio comprises over 20 iconic luxury and lifestyle brands. A diversified portfolio of scalable brands helps the Group mitigate the vulnerability of luxury brands in an economic downturn.Multilingual retail staff improves customer service * FJB believes in investing heavily in retail staff training to increase service quality and language proficiency to serve tourists who visit the stores from various regions. Strong balance sheet and positive cash flow allow FJB to fund its CAPEX plans FJB maintained SGD7. 7m of net cash at the end of FY2012 despite incurring capital expenditure rising by 8% due to the opening and refurbishment of stores Weaknesses Geographic diversity and exposure to high tax rates FJB Operates in 190 stores across the world.With many stores located in Malaysia and China, where the effective tax rate is close to 30%, FJB faces a high tax bill and thus lower overall profit s. Highly cyclical earnings FJBs earnings are highly cyclical and they tend to peak in the late stages of a cyclical upturn. This translates into a risk of over expansion during good times. FJBs total revenue increased 38% YoY for FY 2007. Poor presence and performance in Australia, Europe and North America FBJ classifies its geographical segments into South East Asia, North Asia and Other, which includes their franchised brands in North America and Australia.This segment has historically made up less than 2% of total revenue. Opportunities Strong brand name of RAOUL FJBs proprietary brand was one of the brands topping the high fashion category in a recent Mystery Shopping Survey. It has grown well over the last few years as FJB was able to raise RAOULs brand value and expand the business to Europe and the United States. New international brands to accelerate earnings potential The Group is working to bring in affordable international fashion brands. Recently, the Group signed an ex clusive distribution agreement with the Padini Group for VNC shoes to venture into the growing Indonesian market.Threats Competition The majority of FJBs competitors operate with large store numbers (Esprit 1,128, Dickson Concepts more than 1,000, WINGT more than 180, Metro 879,000 square feet). The rise of blogshops in the SE Asia have also increased competition within the industry. Macroeconomic instability Macroeconomic instability threatens growth. Grim economic sentiment worldwide poses an explicit threat to FJBs growth as it caters to the premium fashion retailing market. Porters Five Forces Highly competitive climateOur team analyzed the macroeconomic conditions and the special characteristics of the fashion retail industry, we have determined that FJ Benjamin operates in a highly competitive market. The largest drivers of competition are the degree of rivalry, new entrants and the supplier power. Exposure to foreign currency shocks and the threats from competing business es are substantial factors to look out for. Buyer Power (High) Buyer Power (High) Supplier Power (Strong) Supplier Power (Strong) Substitutes (Moderate) Substitutes (Moderate) New Entrants (High) New Entrants (High)Degree of Rivalry (Strong) Degree of Rivalry (Strong) Many competitors offering diverse choices Many competitors offering diverse choices Low customer loyalty in retail industry Low customer loyalty in retail industry Many firms competing for market share Many firms competing for market share Saturated Market Saturated Market Price inelasticity Price inelasticity High product differentiation High product differentiation High Capital Outlay High Capital Outlay Fall in brand perception will result in customer turnover Fall in brand perception will result in customer turnoverIncreasing wealth may lead to consumers using premium brands Increasing wealth may lead to consumers using premium brands Healthy relationships with suppliers to sustain franchises Healthy relationships with suppliers to sustain franchises Constantly changing fashion trends Constantly changing fashion trends Exposure to foreign currency shocks Exposure to foreign currency shocks High marketing expenditure needed to maintain brand perception High marketing expenditure needed to maintain brand perception Section II Accounting Analysis & Adjustments Accounting Analysis Faithful representationThe auditors report demonstrated that the accounts present a true and fair view of the company. It is noteworthy that it was highlighted in the corporate governance report that there are no employees who are relatives of directors paid above $150,000. In addition, all members of the nomination, remuneration and audit committee are independent non-executive directors. There is also a whistle-blowing policy for the Group, which encourages a high level of non-tolerance against fraud. There was also adequate disclosure of interested transactions between its subsidiaries and its newly acquired associa te prior to the acquisition.However, a potential conflict of interest in the area of the risk management committee, which usually comprises majority of non-executive directors, but in the case of MPM, is managed by executive directors. There might be the possibility of them not being objective in assessing the risks that the company faces. Understandability There is thorough explanation of accounting policies adopted in the notes, supplemented with definitions of accounting terms where appropriate. While the assets and liabilities of associates are mentioned, no further breakdown is given as to the comprisal of them.Assets and liabilities of subsidiaries are also absent from the notes. This applies for jointly controlled entities too. It was hard to determine where personnel expenses and the disclosures under profit before income tax fall into the income statement, making it confusing how to account for them. The cash figure in the balance sheet and cash flow statement differed due to fixed deposits, bank overdraft and pledged fixed deposits and bank balances, making forecasting of financial statements relatively inconvenient. ComparabilityThere is clear disclosure when amendments are made to FRS, accompanied with a statement whether the change is applied retrospectively or prospectively, as well as the materiality of the amounts presented. Where changes are to be expected, these are stated beforehand with their effective period of commencement stated methodically. Details of other operating expenses were provided in the notes from 2009 to 2011, but absent in the notes in 2007 and 2008, making comparison of detailed expenses difficult. Segment reporting was available to enable investors to compare across companies that might be similar to MPM in one of their business segments.Accounting Distortions Adjusted Non-recurring items The notes were inspected to identify line items that could potentially be non-recurring and should thus be removed from the financial s tatements to provide a clearer picture of the sustainable earnings of the company. Items recognized as non-recurring included bad debts written off, investment in associate, and other expenses in which no details were given. Other possible non-recurring items included government grant received, though this could possibly recur due to the achievement of the conditions under the Capability Development Scheme in 2010.Foreign exchange gain was also thought of to be recurring due to the entrance into forward currency contracts. Equity to proportionate consolidation MPMs subsidiary Marco Polo Shipping Co Pte Ltd holds a 49% stake in PT Pelayaran Nasional Bina Buana Raya (BRR), an Indonesian shipping company which engages in ship agency, chartering and transshipment of vessels. The 49% stake is the maximum equity stake allowed to be taken by a foreigner without affecting the ability of BBR to ply the Indonesian waters as a domestic shipping company.By the substance over form principle, Mar co Polo has effective control over BRR, thus we carried out proportionate consolidation on the entity. Joint ventures were also consolidated to provide a more accurate picture of the group. Operating leases MPM has several operating leases with lease period not amounting to more than 5 years. The leases were capitalized based on the implicit interest rate in the finance leases, except for 2008, where a figure of interest expenses over beginning long term debt was used, due to the absence of finance leases in 2007.Capitalizing the operating lease would result in a more accurate representation of liabilities and assets. Guarantees and litigations MPM was involved in two lawsuits over the period under purview. One involved $106,000 for late delivery of vessels while the other involved arbitration against a subsidiary of the Company in relation to certain charter party disputes. These were included in contingent liabilities during 2007 and 2008 respectively, though in the opinion of the directors, both lawsuits had no merit or basis and would not have financial impact on the company.

A Newsletter About Solutions and Creating Exceptional Value Essay

High Impact ProjectsA Newsletter About Solutions and Creating Exceptional ValueSoftw are Company Narrows Focus from1 Million Prospects to 40 Closes 30 Sales in First YearAfter 3 Years of Revenues Less than $2 Million, Sales Soar to $75 Million in 4 YearsSystems Produce Paybacks for Clients of more than 10-to-1 Stopped Trying to Sell to Information Technology Department Found Line Executives With An Urgent Need to debase CEO Found a Way to Reduce Risk and Capture Financial Upside A Repeatable Pattern Emerges Compiled by Tom Ingram, PMPi forward Jeff Miller took over as CEO, Documentum had suffered three years of flat revenues, never exceeding $2 one million million per year. After Miller took over, the next years sales increased to $8 million, followed by $25 million, $45 million, $75 million and an IPO in subsequent years.Granted, these were the boom years but this achievement story carries some essential lessons which I take up seen work in some(prenominal) other laptings o ver the years. Below is a summary of these key lessons from several sources, including a Harvard Business School case study. None of this is easy. Documentum went through a period when it was burning $1 million per quarter, with only $4 million in cash reserve, and only two new custom turkeyers. Success in the intangible, black magic world of software is difficult, and my hope is that you can take some effectual lessons away from this summary. Following are some of the things that worked for them.Narrowed Their Focus from everyone in the world that touches complex inscriptions to a rifle shot. Documentum chose to focus initially on the regulative affairs departments of Fortune 500 pharmaceutical companies. This narrowed their universe of prospects from some 500,000 to only 40 companies worldwide. Urgent Need to Buy Documentum was able to identify buyers in extreme pain due to the restrictive paperwork requirements for submitting new drugs for compliment. They focused on findin g prospects that were in a situation where (1) regulatory requirements created much pain, (2) prospects demanded a ascendent and (3) the solution could represent a significant competitive advantage.Documentum closed 30 out of 40 initial target prospects in the first year overhaul for Struggling Software Companies tomtomingraminc.com 972-394-5736Newsletter 25 July 2004Page 1TOM INGRAM & ASSOCIATES, Inc.Huge Payback for Customer Every day that was saved in drug approval application time resulted in a $1 million incremental profit for Documentums clients. The system reduced drug approval application time from 1 year to approximately six months. Average profit per day of $1 million times 128 days saved = $128 million in incremental profits per drug application. A typical system might cost $4 Million Resulting in a 32-fold Payback localise Buyer Documentum discovered that their target buyer was not the Information Technology (IT) department IT departments are often happy with the stat us quo while line executives are not. They also discovered that executives and department managers were really the ones that drove the priorities for IT. Documentum stopped trying to sell to IT department buyers and focused on line executives with a problem and a budget. I will add that I have seen this to be true in dozens, if not hundreds, of instances in my 24 years in the technology and software business.The boom times of the 90s were a slight exception to this rule. The IT department was buying a great deal, and companies got used to selling to the IT department. When reality came crashing down upon us, and the techbubble burst in the early 2000s, this aberration disappeared. I will note that this is an extremely difficult shift for companies to make because their sales force, including sales executives, and even the CEO, often have screw only selling to the IT department they have no skills, credibility or capacity to sell to line executives. Picking the Initial Target Nich e adept of the key issues in picking the initial target quoin is the size of payback to the customer. By focusing on the area which your customer has the greatest payback, they have the most to gain economically from purchasing from youquickly.Assuming you can consistently deliver this payback, it is much easier to get Niche 2, Niche 3 and Niche 4 going after you have a strong set of happy customers behind you. Subsequent Niches After Documentums initial success in the regulatory affairs department, they spread to other niches in every department within pharmaceutical companies. (regulated chemicals, oil refineries, etc.) This included a big win in the document management area for oil and gas exploration and production companies, where Documentum helped them manage the property/lease/royalty paperwork. This approach is often called the bowling pin model, because you set up the initial niche as a headpin, knock it down and that makes it substantially easier to knock down the follow ing pins. This approach also helps you take for a controlled risk (or cash burn rate) by requiring the software company to demonstrate that it can find and close customers with an urgent need to buy, one niche at a time.Changes to Software Product Offered Note that Documentum had the discipline to stay focused on the needs of very tightly defined sets of customers. They started in the regulatory affairs departments of pharmaceutical companies, and slowly spread, niche-by-niche (bowling pin-by-bowling pin) to other departments and other industries. It is critical to recognize that Documentum invested its precious cash in software product enhancements only for these customers. The Harvard Business analyse Case highlights a particular situation where Documentum declined a $2 million order because it would have required them to makeHelp for Struggling Software Companies tomtomingraminc.com972-394-5736Newsletter 25July 2004

Dbq Although New England and the Chesapeake

WaNyah Tucker 11A September 24, 2012 DBQ ESSAY Question Although wise Eng estate of the realm and the Chesapeake land were both colonized largely by of English origin, by 1700 the region had evolved into both different societies. Why did this difference in development occur? Thesis Statement When talk of the town nigh New England and the Chesapeake region, you have to consider the differences in motives and geography. Consider economic situations (reasons for settling where they did, reasons why they came to New England in the showtime place). One has to think about the family development and demographics, as well as the government structure.Thought New England and the Chesapeake region were both settled with a majority of English origin. By 1700 the region had evolved into two completely different societies. When talking about New England and the Chesapeake region, you have to consider the differences in motives and geography. Consider economic situations (reasons for settlin g where they did, reasons why they came to New England in the first place). One has to think about the family development and demographics, as well as the government structure. All these differences helped sculpt the colonies into their own significant and distinct ways of living.The geography of the New England Colonies was not the best. The soil was very rocky. This made agriculture for the New England colonist nearly impossible to achieve. Eventually the English brought pigs, horses, sheep, and cattle to the settlements. This required eatage so the colonists were constantly clearing forests. The New England colonists were fed up with all of the rocky land, not beingness able to farm and plant, they moved towards the coast. The dense forests allowed a bounty of timber which was used for building ships that could be used for various.Also, there was an abundance of fish off the coast of Newfoundland, which made the New Englanders very wealthy. The Chesapeake region however, had ver y fertile soil. The Atlantic Ocean created was able to create many rivers and wetlands. This provided the Chesapeake with land that was moist where they were able to establish agriculture. The main crop being produced in this area was tobacco. there was such high demand for tobacco, it eventually cause the soil to become try old and tired. By the soil drying out it change magnitude the need for new land.In Document B on the list of emigrant bound for New England, it is mostly family oriented. Families were coming and units. These people were mostly the Puritans who were coming to New England for religious purposes. The New England colonies were founded as examples of pure religion. The New Englanders would come to prosper through their hard invent, thrift, and the quality of their commitment to God and each other. The Christian determine of charity towards another man resulted in tight knit communities that embraced the idea to care for every member.John Winthrop wrote, A Model of Christian Charity, while he was onside the Arbella on the Atlantic Ocean in 1630. In this writing he states that no matter what social class you fall under everyone must distinguish close together and work in unison as one man. Not as many men working but coming together. viewing the affection one would give to their brother. One must make their fellow colonist conditions their own, whether it is good or bad. Laugh together, cry together, rejoice together, mourn together, work together and even suffer together. They are as a city upon a hill.Meaning that other colonies will see what they do. They will notice everything they do so they have to set an example of how to be. The colonial theocratic governments in like manner sought to further the welfare of the populace by enforcing Gods Biblical laws, thus modify the peoples support for the government (respect of authority is required by the Bible, and respect for a government that can hang you is required by common sense). F inally, the rugged land of New England did not stop the growth of crops. This allowed the Chesapeake colonies to prosper on agriculture alone.Unlike the New England colonies, the Chesapeake colony of Virginia never made any gesture of being a religious settlement, except for the apparent support for the Church of England. Most of the original settlers were men Document C who had left their families behind in order to date to the territory that was to successfully produce gold for the King and the country. Most importantly produce for the shareholders. Some of the investors in the Virginia Company quickly seized upon the idea of farming as a substitute for gold-mining. This paid for the passage of many indentured ervants and later, slaves to the New World. There were many diseases that swept through Chesapeake colonies. Life in the Chesapeake colonies was very harsh. There were diseases such as malaria, dysentery, and typhoid fever. Half of the people born in Virginia and Maryland d ied before the age of twenty. While the other died by the age of xl (women) or fifty (men). There were a lot of men that couldnt find single women to mate with in order to repopulate. There were many families being destroyed my death. The children were dying very young. The Chesapeake colonies struggled.Then native born inhabitants gained immunity to all of the diseases that were infecting the original immigrants. The New England colonies had colonial assemblies and town meetings where the colonists discussed important matters of local government. These assemblies and town meetings also had the power to tax their citizens to fund the church. Above the local government were governors. These governors were supposed to enforce all of the Kings policies and answered directly to the king. Above the governors were the houses of Parliament in England.There wasnt unfeignedly a government structure when it came down to the Chesapeake colonies. They were all about the gold and making a prof it. They had slaves working in the fields when they discovered tobacco and other things. They were more about quantity and money and goods and trade. In conclusion, many things that contributed into establishing these colonies led to many more events. Since there were many slaves being worked now, there were many that didnt agree with the way they were being treated. Therefore leading to many rebellions.One of which known as Bacons Rebellion which was an uprising in 1676 in the Virginia Colony in North America, led by a 29-year-old planter, Nathaniel Bacon. There were about a thousand Virginians rose (including former indentured servants, poor whites and poor blacks) because they resented Virginia Governor William Berkeleys amiable policies towards the Native Americans when Berkeley refused to retaliate for a series of Indian attacks on frontier settlements, others took matters into their own hands, attacking Native Americans, chasing Berkeley from Jamestown, Virginia, and torching the capital.There was many more. Like the New York Revolt in 1712 which killed nine whites and as a result of the actions taken by the slaves, twenty-one blacks were executed and some burned at the stake over a loath fire. Or even the South Carolina Revolt. People say it was like a failed attempt of Bacons Rebellion. This revolt happened in 1736. Fifty blacks tried to march along the Stono River to Spanish florida but failed and was stopped by local militia.

Driving force in the lives of many people Essay

Nowadays materialism is a driving force in the lives of legion(predicate) stack, motivating them to their obtainments as many people argue. Although, it is considered that humans are controlled by their own avarice, I believe that people are simply motivated to achieve by personal satisfaction. As cynical as I am, I do non think that money and fame are a stimulus to people. instead they accomplish their goals for personal and emotion gain, not physical. When recently learning the topic of motivation in my Psychology class, we discussed what the main driving force is for a person. though there are many theories arguing the issue, a person can be mostly content when fulfilling a goal for their own personal satisfaction, not for a physical reward.When this subject, I also learned that ones triumph and self-esteem are one of the major aspects of being a well-adjusted person. Maslows hierarchy of needs includes psychological and emotional needs as the highest priority. With this I c an conclude that those who strive to achieve goals do it for their own bliss. gold and fame may seem like the a dream come true , but like it is always said, money cant buy you happiness. There are countless numbers of wealthy people and celebrities who live lavish lives that anyone else would die to have, but they are as miserable and lonely as one can be. I find it beautiful that in todays society people strive to pursue their own interests without having the end leave of money leading their decisions.There is a countless number of underprivileged, even poor artists, journalists, musicians, writers, etc. that enjoy their life fully, waking up every day to go to a job they simply love. Thus, money and fame can never be a satisfying reward without happiness. All in all, in my opinion, people are motivated to achieve by personal satisfaction rather than a physical reward such as money or fame. I consider that contentment is more important than anything to a human being, because ful filling something for money or fame can lead to disappointment, thus straining ones emotional needs. We ask ourselves what motivates us, to determine up every morning, to go to school, to study, to wear what we wear, to act how we act? We do it basically to satisfy our needs, no to reward us with a prize, but because it is what we want, what makes us happy, and what pleases us emotionally.

Oligopoly (Economics) Essay

1) Oligopoly is when a particular market is controlled by a half-size group of firms. For exercise supermarkets, there argon three (there usually exist three companies) companies which dominate the market, Wong and Metro, Santa Isabel and Plaza Vea, and Tottus. The main assumptions that economists make when talking about a situation of Oligopoly are various three or four large companies dominate the industry, but small companies do exist (smaller companies in the recent sample would be for face Arakaki, a sole trader company) firms are interdependent, al get out watch what the competitors do and act accordingly (when Wong created the Bonus card, it did not flat passed a week when Santa Isabel created the Ms Ms card) the existence of the kinked petition breaking ball (which we leave see what it is on question b)there are barriers to entry, this means it is difficult for other firms to enter the industry non price competition, as companies cannot compete by prices, therefore t hey have to compete with the service they offer (for example the Bonus and the Ms Ms cards) the oligopoly must be collusive (collusion), this means when the companies, which dominate, work in concert to maintain very high prices at the expense of the consumer (for example Umbro and Adidas, sell football shirts at very high prices, as a Manchester United shirt costs approximately $50), companies which work together to maintain high prices should be fined, as it is illegal. Advertising is also essential to maintain a high profit and market share, and also something very important, which is to burgeon forth brand loyalty (for example, once I began to obtain Sony electro domestics, I begin to have a brand loyalty, as I never had a atomic number 53 problem with them).2) The causes of price stability (when prices are stable, without any change) existing in a situation of Oligopoly are two. The first reason is due to the shapes of the Demand curve (AR). Putting an example of gasoline st ations, if there are three companies in this market (Shell, Texaco and Mobil), and if one company, for example shell, decides to increase its prices, no other company bequeath follow, and its sales will decrease by a lot (there will be no incentive for companies to increase prices as consumers have other companies to buy gasoline from, therefore it is elastic as there has been a small change in price but a big change in demand).A company will also not lower its prices because all other companies in the industry will do the same (aspeople will go to where prices are lower), and there will be very few benefits, also profits will decrease, as sales increase by single a small amount (there has been a big change in price but a small change in demand, therefore inelastic). Firms will leave the price unchanged, and the firms will have to use other objects to compete with each other, this includes product differentiation through advertising and innovation. The price elasticity of demand l ooks at the responsiveness of QD to a change in price.It is better for companies to therefore use the same price and find other ways of increasing their sales, for example to use non price competition in order to increase sales. The solution concludes that there is a determinant and stable price-quantity equilibrium that varies according to the number of sellers. In effect each firm makes assumptions about its rivals payoff. Adjustment or reaction follows reaction until each firm successfully guesses the correct output of its rivals.The second reason of price stability in Oligopoly is, if a company maximises its profits where MC=MR, therefore the point where this two curves cross will croak us the price and the quantity the company should provide. The marginal revenue curve is not continuous, as it has a very big gap in it, this is called the surface area of Indeterminacy, and the MC curve can pass through any part of this region, this gap in the MR curve, allows MC to vary witho ut affecting either final price or quantity. For prices to change, costs would need to rise above MC.

Article Rebuttal Essay

The author stated that, There is a difference between a unify couple and a equivalent- turn on couple in a long-term relationship. The difference is between the duties that marriage imposes on matrimonial peoplenot rights, but rather one and only(a)rous obligationswhich do not apply to same-sex love. This statement, in my opinion, is completely untrue. All relationships can be difficult and time consuming, the statement would get down more truth if the author of was talking about all relationships or marriages.When reading the article, I took every word as people that are in a same sex relationship cant have a normal marriage or a normal family and normal life and that is why same sex marriage will ultimately fail. The only thing that is different about same sex marriage is that the genders of both people are the same. This doesnt mean that the two people cant have children, it just means they cant have them in the traditional way. Homosexuals that are married can have a norm al life they just might have to face different judgmental people, which they face even without being married.This author had no credibility, no fact or anything to rear end up his argument. There were not any reliable sources in this argument which makes me believe that everything about this article was just the opinion of the author. While I believe that everyone is entitled to their own opinions, I believe one should have reliable sources and make valid points before writing an article and making it public especially on such a controversial topic. Reference http//www. weeklystandard. com/Content/Public/Articles/000/000/016/533narty. asp

Recruitment Case Study Essay

_________ affect recruitment policies because firms often give p fictional character to on-line(prenominal) employees in promotions, transfers, and other career-enhancing opportunities.Typically, the first step in an employees introduction to companion policies, practices, and benefits is a (n) _________ program.Which of the following(a) statements about an aging organization is true?The information least likely to be obtained in reference checks and recommendations isThe step following recruitment is ________, which is basically a rapid, rough selection process.The role of organizational horticulture in staffing is best applied if companiesWhen implementing recruitment activities, initial consideration should be given to a companys __________, especially for filling jobs above the entry level.Promotion-from-within policies must ______________, coupled with a company philosophical system that permits employees to consider available opportunities within the organization.Read more Recruitment Case StudyRecruitment begins by specifying __________, which are the typical result of job analysis and workforce planning activities.Which of the following statements about a company using a passive nondiscrimination posture is true?A soft-quota systemWhich of the following is a concerted effort by the organization to actively expand the pool of applicants so that no hotshot is excluded because of past orpresent discrimination?Which law gives students the legal right to see all letter of recommendation written about them and also permits release of information about a student just now to people approved by the student at the time of the request?Which act requires third-party investigators to secure the applicants written consent prior to doing a background check?This type of management call is often associated with organizations in the embryonic stage.

Food Prices Essay

Why Did world-wide nutrient legal injurys Rise? For the last 25 years worldwide diet worths rescue been f anying, driven by the increased productivity and step forwardput of the farm sector worldwide. In 2007, this came to an abrupt end as global victuals prices soared. By September 2007, the world price of wheat berry rose to over $400 a short ton-the risqueest ever recorded and up from $200 a ton in May. The price of corn (maize) surged to $175 a ton, some 60 percent above its aver be on out for 2006. An magnate of nutriment prices, adjusted for inflation, which The Economist magazine has kept since 1845, hit its highest level ever in December 2007.One explanation for procession food prices has been increased demand. The increased demand has been driven by greater food consumption in rapidly exploitation nations, most notably mainland China and India. locomote consumption of meat, in particular, has driven up demand for g come downs it takes eight kilograms of cer eals to produce one kilogram of beef, so as demand for meat rises, consumption of grains by cattle surges. Farmers now feed 200 to250 one thousand thousand more than tons of grain to their animals than they did 20 years ago, driving up grain prices. Then in that location is the issue of bio-fuel subsidies.Both the get together States and the atomic number 63an sum total put up adopted policies to increase work of fermentation alcohol and bio-diesel in order to slow down global warming (both products are argued to produce fewer C02 emissions, although precisely how consequenceive they are at doing this is actively debated). In 2000, around 15 million tons of American Corn was turned into ethanol in 2007 the figure reached 85 million tons. To campaign increased production, governments wipe out given subsidies to farmers. In the United States subsidies amount to amid $0. 29 and $0.36 per litre of ethanol. In Europe the subsidies are as high as $1 a litre. Not surprisingly, the subsidies contrive created an incentive for farmers to whole shebang more crops that can be turned into bio-fuels (primarily corn and soy beans). This has diverted land away from production of corn and soy for food, and reduced the supply of land devoted to growing crops that dont sustain bio-fuel subsidies, such as wheat. This highly subsidized source of demand seems to be having a dramatic effect on demand for corn and soy beans.In 2007, fur example, the U. S.increase in demand for corn-based ethanol accounted for more than half of the global increase in demand for corn. What is complicating the event is that high tariffs are shutting out producers of alternative products that can be turned into bio fuels, most notably abrasion cane, from the U. S. and EU marketplaces by high tariffs. Brazil, the worlds most efficient producer of sugar cane, confronts import tariffs of at least 25 percent by value in the United States and 50 percent in the European Union, fostering the price of imported sugar cane and making it uncompetitive with subsidized com and soy beans.This is unfortunate because sugar cane is widely seen as a more environmentally friendly raw material for bio-fuels than either corn or soy. Sugar cane uses less fertilizer than corn or soy and produces a higher yield per hectare in terms of its energy content. Ethanol is also produced from what used to be considered a waste produce, the fibre arrive atd from the cane during processing. If policy makers have their way, however, the situation may get horizontal worse.Plans in both the United States and the European Union call for an increase in the production of bio-fuels, only if neither political entity has agreed to reduce tariff barriers on sugar cane or to remove the trade distorting subsidies given to those who produce corn and soy for bio-fuels. Brazil is not sitting on the sidelines in 2007 it asked the humankind Trade musical arrangement to probe U. S. subsidies to corn farmers f or ethanol production. Supplementary Reading article-Rising global food prices scupper to increase poverty. 2 Rising Global forage legal injurys Threaten to Increase Poverty by Kata Fustos.(April 2011) Global food prices have been rising, threatening to reach record levels in the coming months if current trends continue. outgrowth world demand due to change magnitude world population and shifting consumption patterns, and lower supplies partly due to bad weather raised the World asserts food price index by 15 percent between October 2010 and January 2011. 1 The index increased by 29 percent overall between February 2010 and February 2011. In January, the feed Price Index of the United Nations Food and Agriculture Organization (FAO) was at its highest level since tracking began in 1990.2 While not all countries are change equally, the recent volatility is particularly scare in regions where tidy sum spend more than half of their income on food. Global Food Prices Surge to Record Levels, Hurting the Poor in Low- and Middle-Income Countries A combination of hostile weather patterns around the world and uncertainty in the quality of wheat harvest homes in China has touched the global food supply. Record heat and drought in 2010 in the former Soviet Union sharply reduced wheat production and dealt a shock to global wheat supplies.Extreme change weather in Brazila major food exportercontributed greatly to worldwide deficits of sugar, soybeans, and maize. Devastating rain and floods in Australia damaged wheat crops and reduced the yields of sugar harvests. Additionally, a severe drought in China threatens the harvest of the countrys wheat crop and has prompted the FAO to issue a special alert, characterizing the current situation as potentially a serious problem. 3 For decades, China has relied mostly on its own home(prenominal) grain production and was absent from the global grain market.However, if the drought destroys a significant portion of the ha rvest and China has to import grain to fulfill domestic demand, the impact can shock the world market and cause even sharper increases in global prices. As a will of Chinas buying power, it can outbid others in the global market, and secure supplies for its own population. An expanding world population, greater faith on crops as biofuels, and shifting diets continue to increase the collective demand for food, making the gap between supply and demand even wider.Since price volatility and growing demand are likely to persist, we expect global action to ensure we do a better job of feeding the hungry sooner we face the future challenges of feeding the expected 9 billion people in the world in 2050, said Robert Zoellick, World Bank president. 4 jibe to the World Bank index, global sugar prices reached a 30-year high in the beginning of 2011, after increasing 12 percent since January 2010. Edible oil prices have risen 73 percent since June 2010. Among grains, the price of wheat has increased the most, more than doubling between June 2010 and January 2011.The price of maize has been affected by the surge in the wheat and oil markets and also jumped about 73 percent during the second half of 2010. Other food items that contribute to dietary diversity, such as vegetables and beans, have also experienced large price increases. Prices do not rise at the same appraise in all countries domestic markets are affected based on how well governments are 3 able to shield their population from global price surges through the use of subsidies, import taxes, and increased domestic production.Figure 1 Change in World Commodity Prices, January 2010 to January 2011 Source World Bank, Commodity Price Data (Pink Sheet), accessed at http//siteresources. worldbank. org/INTDAILYPROSPECTS/Resources/Pnk_0411. pdf, on April 1, 2011. Although food prices had been increasing for seven consecutive months by February 2011, the price of all items had not grown at the same pace (see Figure 1).According to the World Banks Food Price Watch, this differentiates the current situation from the price surges of 2008, when food riots broke out across the develop world. Meat prices have stayed relatively stable over the gone year.Following good harvests in export countries, the global price of rice was actually lower at the end of 2010 than in the beginning of the year, and it ashes 70 percent below its 2008 peak. Therefore, rice provides a more affordable alternative grain to the pitiable and its accessibility has prevented more people from sinking into poverty and undernourishment. At the same time, some Asian economies have seen sharp increases in rice prices. In Vietnam, Bangladesh, and Indonesiaall high rice consumption countriesdomestic rice prices increased over 30 percent in the past year.5 Soaring food prices disproportionately hurt the poor in developing countries. This is especially true in regions where people spend a majority of their income on food and rely on a specific food product. Although some farmers and food producers are benefitting from greater profits, the net effect of higher prices is a rise in the number of the poor. The World Bank estimates that an additional 44 million people have fallen into poverty in the developing world as a result of higher food prices. Overall, the number of chronically hungry people began to climb again after a brief decrease to 925 million in 2010 (see Figure 2).According 4 to Zoellick, the trends towards the 1 billion are worrisome. Global food prices are rising to dangerous levels and threaten tens of millions of poor people around the world. 6 Figure 2 Distribution of Undernourished People in the World in 2010 (in Millions) Source FAO Statistics Division, accessed at www. fao. org/economic/ess/en/, on April 7, 2011. India Especially Affected by High Prices Food prices are rising faster in India than in other large economies. As the countrys population continues to grow and middle class incomes rise, there is increasing pressure on the government to provide food for the entire country.Despite rapid economic growth over the past decade, India still struggles to feed its population According to the 2005/2006 National Family Health Survey, 40 percent of children below the age of 3 were underweight and 45 percent were stunted. 7 Lack of investment has kept domestic rude productivity low as manual labor remains the dominant source of domestic food production. In 2008/2009, agriculture employed about 52 percent of the labor force, but only do up 13 percent of Indias GDP. 8 Farming and agriculture remain greatly uneffective and inadequate for feeding the countrys 1.2 billion people. Low production and an unusually ladened summer in 2010 contributed to the current domestic food inflation that reached a 16 percent yearly rate in January 2011. This composite figure masks the rise in the price of some staples, such as onion and garlic, which rose by 71 percent during the past ye ar. The sharp increase is most alarming for the 41 percent of the population in India who live on $1. 25 or less a day and spend a majority of their income on food, as even basic items are fair unaffordable.9 The government is responding to the current crisis by providing heavy subsidies for agricultural production and by importing increasing amounts of some staples, such as lentils and beans, to ensure their availability. It has also put export restrictions on certain products to spare them for domestic consumption. 10 These policies can only provide temporary solutions, however Long-term investment is unavoidable in agricultural research to improve the quality of seeds, irrigation techniques, and modernize other production components. 115.References 1. World Bank, Food Price Watch (February 2011), accessed at www.worldbank. org/foodcrisis/food_price_watch_report_feb2011. html, on Feb. 17, 2011. 2. Food and Agriculture Organization of the United Nations (FAO), Global Food Price Monitor (Feb. 3, 2011), accessed at www. fao. org/giews/english/gfpm/GFPM_02_2011. pdf, on Feb. 16, 2011. 3. FAO Global Information and Early Warning musical arrangement on Food and Agriculture, Special Alert A Severe Winter Drought in the conjugation China Plain May Put Wheat Production at Risk (Feb. 8, 2011). 4. World Bank, Food Security Fears Rise Along With Prices (April 2011), accessed at http//go. worldbank. org/VCXQZNWRA0, on April 7, 2011. 5.World Bank, Food Price Watch and FAO, Global Food Price Monitor. 6. Food Price Hike Drives 44 Million People into Poverty, World Bank Press Release No 2011/333/PREM (Feb. 15, 2011), accessed at http//go. worldbank. org/OFGV8BZN20, on Feb. 17, 2011. 7. National Family Heath Survey, Key Indicators for India (2005-06), accessed at www. nfhsindia. org/pdf/India. pdf, on Feb. 16, 2011. 8. Ministry of Finance, Government of India, Economic Survey 2010-11 (February 2011). 9. UNDP, Multidimensional Poverty Index, accessed at http//hdr. undp. org/en/media/HDR_2010_EN_Table5_reprint. pdf, on Feb. 17, 2011. 10.Corey Flintoff, Food Price Surge Puts Strain on Indias Poor, NPR (Jan. 6, 2011). 11. Renuka Mahadevan, Productivity Growth in Indian Agriculture The aim of Globalization and Economic Reform Asia-Pacific Development Journal, Vol. 10, No. 2, December 2003. Case Discussion Questions 1. Who benefits from government policies to (a) promote production of ethanol and (b) place tariff barriers on imports of sugar cane? Who suffers as a result of these policies? 2. One estimate suggests that if food prices rise by one-third, they will reduce living standards in luxuriant countries by about 3 percent, but in very poor ones by about 20 percent.According to the International Food Policy Research Institute, unless policies change, cereal prices will rise by 10 to 20 percent by 2015 , and the expansion of bio fuel production could reduce calorie intake by 2 to 8 percent by 2020 in many of the world s poorest nations. Should rich countries do anything about this potential problem? If so, what? 3. How might a policy of free trade in the United States and European Union cause food prices to drop? Should the United States eliminate the subsidies it pays to corn farmers?How might a free trade policy facilitate the efforts of the United Nations World Food Programme? 4. Consider the societal implications of trade policy that is pro-producer. Is such a policy ethical when considered from the perspective of non-producers? What are the drawbacks of following a policy designed to protect the interests of certain groups within a country? 5. Protectionism in agriculture has been a central issue for the World Trade Organization in recent years. Given the current implications of the rising costs of food for the worlds poor, should the World Trade Organization do more?

Innocent Bystander

Innocent Bystander In the new The Tortilla Curtain, by T. C Boyle, it tells a story about two completely different families unity family who is quite wealthy and the other who had illegally crossed the border and is barely making ends meet. In the story, a young lady by the name of the States is taken to California by her husband, only to be victimized. Although she may not be the only victim in the book, she has been through a great ordeal of pain and suffering. the States is a victim of immigration, racism, the American dream, and bad luck.America has remainingfield Mexico, with her husband Candido, to start a better invigoration for not only themselves, scarcely there unhatched child as well. immigration and racism has been a big issue for them throughout the story, even more so with America. Within the first of all some days upon arrival they both call up themselves cornered by a couple of boys. These boys find whatever belongings both America and Candido had and whe n they realize there is a female present they plead fucking beaners, rip it up, man. Destroy it (Boyle 62).Migrating to California illegally was difficult because in a situation similar this, there could have been nothing d one(a) to stop them. All America wanted was to find subject field to help support her family. The struggle bore on from dawn till noon and she didnt get croak (Boyle 57). America has guessed it all mad no matter how hard she tries she cannot seem to find work. America had left everything behind in search of this American dream she had played over and over in her head. She had been told, by her husband Candido, she was going to live a wonderful life and he had promised her nothing but the best.America didnt wishing the finer things in life, all she desired was a house, a yard, maybe a TV and a car also (Boyle 29). She didnt need too much to satisfy her, but being that America and Candido started from the bottom, it was more than what he had to offer. As the y walk further into the land which they call their home America cant help but gaze out on the grounded constellation on the valley floor, grid upon grid of lights and every one house, an apartment everyone the promise if a life that would never again be this hard (Boyle 206).America is again envisage about the life she hopes to live in California and can only hope for the best conclusion unto which she plans to bring a baby into place she knows so little about. She hopes that this is the America had gone through so much from the beginning of the novel. Candido had taken America from her father so they could have a better life -and now he couldnt out food in her mouth (Boyle 26). She had left the family she had ever known to risk it all to start a new life, and only to go day by day inquire how long she will have to go until her next meal.She had been victimized of racism and immigration from the first few days upon arrival and then she had to suffer statvation? It came down to wh ere America told Candido she could not live like that. America had finally found a job, working for Jose Navidad, cleaning statues that he had imported. Just when things were starting to turn around, she is violated and raped by the man who had hired her. She tries to put the past behind her and think positive for her uninnate(p) child. After the baby is born America realizes she must have caught something from being raped because her baby cannot see.Candido was left with a violated wife and a blind baby (Boyle 353), and at the end Americas first born child is taken away by the current of the water. From the beginning things are not looking too good for America. She had been hurt emotionally and physically with hardly any sign of their life getting better. She had effrontery in to so many promises, none of which were ever kept. The impact that immigration, racism, the American dream, and back luck, had left America with nothing. She was just an innocent bystander trying to better her life.

College Speech Artifact Essay

I. IntroductionA. Quote Take a risk, be a rebel, ignore the conventional wisdom, take a stand and make a change, if something is wrong opine it and say it loud, you bring on no idea what a difference you can make. Today you have pulled your degree. congratulations to class of 2013 B. These were the bittersweet words I heard as I moved my tassel from the right to left. My signalize is Taylor Carson and I am a Gaucho C. Some of you may not know what that means to be a Gaucho and when I am finished I think you will have a better understanding. June thirteenth 2013 mark offed a day in my liveliness that I would never forget it was not beneficial an ending to an amazing chapter, but also just the beginning.II. BodyA. Background information1. The UCSB/Isla Vista peach is one of the weirdest places in America and to think I had the privilege of living t here(predicate) for four categorys. UCSB is its bear little paradise and in that paradise I had to figure out how to balance my academic life with my social life. 2. As you can see this graduation bonnet represents all the hard work that I have done to earn my degree and all the embellishments represent all the fun memories I have had, the exciting people I have met, and the memorable experiences I spent in Santa Barbara. B. In this quarrel I hope share with you my experiences at UCSB and my transformation I underwent in working towards earning my degree from first off as thea) Freaked out starter motorb) Becoming the scholastic sophomorec) To having the mentality of Wow, I go to an awesome school like this, this is a joke young d) And finally into a smooth glide senior ready to embark on a wise venture.1. Looking at my first form in college I was that very confused stereotypical freshman who was walking on the bike paths because I didntrealize that pedestrians no longer had the right away in, bicyclists do. Finding it nerve racking when severe to figure out what classes are just right to take, as well as trying to sail around a campus that may have well been like a foreign country to me. I was always freaking out and felt pressure from everyone around me who seemed to know exactly what they wanted to do eyepatch I was still undeclared and had no plan. I defiantly went through many trials and tribulations but my freshman experiences and memories are priceless.2. During my sophomore year I really over-committed myself a lot. If any of my professors could hear this, Im sure that they would agree. I was taking 5 courses each quarter, doing lab research, switching my major multiple propagation and trying to maintain a job all at the same time. There are a few nights that I can recall where I would sleep in our 24 hour account lab just so I can wake up the next morning to think over and avoid all the distractions. Unfortunately, I did not end up with the all As in some of the core classes that count now as I apply to grad schools. I personally can recount many nights I conte mplated dropping out. Hell, if Jobs, Gates and Zuckerburg did it why couldnt I? Something closely staying in a place that evokes progress and meaning meant that I would have to work hard to earn this privilege of graduation so I spent my that whole summer taking a year of bio along with organic chemistry all so that I could graduate on time.3. As junior year rolled around I realized I was at half way mark to graduation. All the work I did my sophomore year really paid off. I was more cocksure then ever. For once I had direction and a declared major that I loved Biopsychology. I couldnt believe I went to such an amazing school where it is summer all year long, and my backyard was literality the ocean. I was fortunate to live under one roof with 12 of my best girl friends where beachside activities were an everyday necessity. I enjoyed many late-night Freebirds run, the fun cab rides down town, the embarrassing karaoke performances at OTT and country line dancing at Creekside. I was embracing the everyday t-shirt, shorts and flip-flop kinda weather, the brezzy walks along the beach in amid classes, constant learning and as a result newfound wisdom.4. Finally senior year was here and there is nothing I could ask for in exchange for the things I have both versed and been through here at UCSB. Throughout my four years I found new perspectives, new friends, new ideas and new places to explore.III. ConclusionA. And there I was on June 13th 2013, graduation day. I did it I survived four amazing years at UCSB and undoubtedly changed and became better through my collegiate experience. My graduation cap is important to me for it represents my transformation from who I was to who I am today. My mistakes and successes are equally a part of who I have become. I have learned not to settle and do what makes me happy and that way I will never regret following my dreams. B. So I will say to all of you, as the chancellor said to my graduation class treat your life serendipit ously. Stop taking the path that you look has been assigned to you, and create you own journey from here on out.

DIS4, 6, 8 Essay Example | Topics and Well Written Essays - 1250 words

DIS4, 6, 8 - Essay ExampleBe prepared to discuss. From the first e-Activity, bankers bill that the GAO could not issue an opinion on the pecuniary statements of the US government. Evaluate how this could occur considering the requirements of OMB Circular A-123. What steps would you take to alleviate the inherent control problems? Differentiate between the requirements for internal controls in government agencies and those in public companies. As per the requirement of OMB Circular A-123, we can understand the changes took places created much vulnerability in financial reporting system. This emphasized more on the term on Internal Control from the term commission Control. This may exclude some(prenominal) facts which should have reported earlier with obligations. In new requirements Defines corporality for the purposes of prizeing and documenting internal control over financial reporting, this option can create loop for many important facts and figure than clearly presenting i t in the financial reporting. It has created ambiguity for three different processes, they are a) gage across the government, b) improper payments and c) tax collection activities. To alleviate the internal control, the expense item I would favor the bring in clear consideration withdrawing the category as reportable status. Clarification on gold outflow has to have precisely documented while audited and clearly noted to uplift the fairness of the internal control. There are differences between government agencies and public special(a) companies. As the objective of report is to assess the clarification being involved in direct transactions, whereas the agencies are the external parties to report have differences in revealing the accuracy asset management revelation. DISCUSSION 2 Expenditures Please respond to the following down the stairs pressure to balance their budgets, governments at all levels have resorted to fiscal gimmicks, such as delaying the wages and payment of go vernment employees from the last day of the month to the first day of the following month. In the year of the change, they thereby had one fewer period to pay. Determine how such a change would affect the reported using ups of a governmental parentage under GAAP. Provide specific examples to support your response. Evaluate the impact of GASB Interpretation No.6, cognition and Measurement of Certain Liabilities and Expenditures in Governmental Fund Financial Statements on the accrual and payment of the salaries. This expenditure would be accrual for the immediate period of time and then next year upon payment the accrual payable would be reported. This report will be more accumulate big accrual agency there is irregularities of payments and the liabilities will move high showing lesser efficiency in the transaction handling. A government allowed accruing or additional fund liability and expenditure provided any financial resources or debt service for payment of liabilities that will be mature in following year. This indicates under GASB rule is that the time provided is limited and the term early in the following year refers to a short time period unremarkably one to several days and not more than one month. Liabilities for compensation and claims of salary are for the most part expected to be liquidated by the available financial sources. If delay it should recognize as governmental fund liabilities against mature payment for each financial period. Unmatured liabilities like compensated absent do not

Question 6 Essay Example | Topics and Well Written Essays - 1000 words

Question 6 - Essay Examplen (1932 ) AC 562, where the question arouse whether a manufacturer of soft drinks could be held liable for negligence by consumer, Lord Aktins ruled, You must take reasonable care to avoid acts or omissions which you can reasonably foresee would be likely to injure your neighbor. (Donoghue v. Stevenson (1932). 2006)In the case of physical injuries caused to the applicant by the broken stage, it could be said that Mulder could take action for negligence against Dana, the occupier and owner of the hotel. It is officeholder that Dana should have, with reasonable care and prudence, realized that the floor of the stage should be of strong construction to withstand labored weight.However, in the case of injuries put forwarded due to lack of care of his friend, Skimmer, the test of vulnerability and control test require to be applied. In this case, the defendant, Dana had no possible means of controlling Skinners entry, although she had taken the horizontal su rface of care expected during such(prenominal) a situation. This being a case of Res Ipsa Loquitur (the truth speaks for itself), it is seen that Danas involvement would be limited to the stage accident and for the second accident, Mulder would have to bring action against Skinner, should he think it necessary to do so, for injuries sustained during to negligence and lack of care by Skinner.When Skinner entered the movie hall, he had entered a tacit contract with the owners. The injury caused to Skinner was not due to the lack of care, or negligence of the hotel authorities, since it was a stray incident, and unbiased research testified to the fact that there were no earlier records of such kind. Moreover, it was also outside the control of hotel authorities. In this case the question of foresee ability also comes to the forefront. The hotel owner, Dana, by any stretch of imagination, could have possibly imagined that Skinner would be bitten by a stray bee and suffer injuries. In t he case of Overseas Tankship (UK) Ltd v. Morts