Friday, December 13, 2019

Workshop Free Essays

Should you use more reliable suppliers and how? What re the pros and cons ? Inventory cost higher or material cost will be affected ? Now Blush wants â€Å"shrinking service windows â€Å". How can you help In achieving this through a better procurement strategy ? SC Manager (SCM) Draw a complete and detailed supply chain diagram from suppliers of DEEP to delivery of material to AGAR. Try to identify from the diagram the practical way to improve your logistical performance and shorten the delivery time to meet Guard’s requirements. We will write a custom essay sample on Workshop or any similar topic only for you Order Now Discuss with other managers if they can support your suggestion. Manufacturing Manager (MM) As a manufacturing manager, you receive materials from outside suppliers and manufacturing starts under your supervision. You then deliver the finished items to warehouse before sending to AGAR. Can you suggest some process re-engineering or any Improvement that you can suggest to help meet the demand of Finish ? As the main contact with Finish, how can you propose to your CEO that DEEP needs major business operations improvement to meet the request of AGAR otherwise DEEP will lose this major customer that they cannot afford to see this happen. You need to ether information from your managers and provide several key points and write on a short proposal to present to the class. You need to identify the â€Å"quality criteria† and â€Å"order winning criteria† of DEEP to convince that AGAR should continue the partnership with DEEP. Time Frame of Workshop Time Activity Remark 6. 00 – 6. 30 Deep reading of the case Group discussion to clear some points described in the case 6. 30 – 7. 00 Each role considers the issues that they need to address and make recommendation SEEM is to collect information and provide advice if needed 7. 00 -7. 30 Thorough discussion of final report SEEM leads the team to finalize the recommendations report for later presentation 7. 30 – 7. 45 Short break 7. 45 – 9. 00 Presentation from the 10 groups Other groups critique the presentation with marks (from 1 to 9 marks) 9. 00 – 9. 15 Score counting The champion group will get 10% more mark in their case report assignment individually 9. 15 – 9. 45 General review of overall performance Grades for Groups Example : Group 1 will grade the other 9 groups to allocate the marks of 1 to 9 as shown below. The group with highest mark will be the champion. How to cite Workshop, Papers

Thursday, December 5, 2019

Quality of Environmental Disclosures Resources †MyAssignmenthelp

Question: Discuss about the Quality of Environmental Disclosures Resources. Answer: Introduction The CBA (Commonwealth Bank of Australia) has diminished its share price from 1.5 percent to 76.60 (Sean, 2017) percent since shareholders were taking in the news that ARPA (Australian Prudential Regulatory Authority) banking regulator might glance at the company. ARPA is the body based on overseeing the superannuation, insurance and loan sectors of Australia. It has substantial authority and recently ordered banks to slow down their activities of providing loans to the property investors .Commonwealth bank and ARPA has declared that supervisor shall introduce a free panel in order to examine several issues which have concerns about the structure and exercises held in accountability, ethics and governance in commonwealth bank group, and have ruined the reputation of the bank and public standing. ARPA stated that bank is financially strong and capitalized. Further, the investigation is based on the internal financial workings of CBA. The objective of this damage is to determine any shortage and is inclusive of assessing if or of not the organizational framework of group, governance, accountability, financial goals and remuneration is contradictory against the compliance results and risk management. CBA has been a point of attraction because of its various scandals regarding the GFC. Recently, it faced money laundering claims, wealth and life insurance scandals. Nonetheless, ARPA announced that the panel would not make any decisions on issues which are present prior to the cited court. Further, the investigation will be general and assess aspects of conflicts of interest (in which the incentives overrule the best interest of consumers). CBA is bearing investigation costs, however they are not likely to be significant regarding the company. Finance experts who believe that CBA is a well-meant organization in its best interest to consumers. On the other hand, the involvement of banking operations with regulators is usually tame and typically engages a polite backwards and forward (Reddy and Wong, 2016). ARPA contains the authority to impose changes. However, weak company culture and authority can be complex to measure and hence, difficult to alter tangibly. Consequently, in accordance with the above discussion ARPA investigation is not significant however there is a rapid increase in regulatory risks at the leading banking companies. An Australian firm of law officially filed a class action lawsuit in opposition to CBA of Australia in lieu of shareholders on Monday, condemning it to fail to reveal the breached rules of anti-money laundering. The lawsuit filed by the firm (Maurice Blackburn) in opposition to the worlds largest lenders is pursued by the federal agency AUSTRAC, which laid blame on it of doing more than 53,000 breaches regarding the rules of anti-money laundering. That resulted in billions of dollars of penalty. The lawsuit, which had been formerly labelled by the law firm and lawsuit financier, stated that shareholders had confronted a considerable share fall on account of AUSTRACs accusations. Maurice Blackburn statement did not mention a number of compensations required. Further, the action provoked CBA shareholder to join from 2015 to 2016. Commonwealth Bank has not discussed that is practised hundreds of thousands of illegal transactions but claimed about the breaches, were mainly held because of software fault and dispute regarding the extent of responsibility. In the annual report, the bank stated that it planned in order to protect itself from the class action lawsuit. The stock of bank faced the loss of approximately 8.5%, as the AUSTRAC declared its lawsuit in opposition to the commonwealth bank. Shares of CBA took a rise by 0.5 percent on next day in line with the broader market (Commonwealth Bank of Australia. Share Price, 2017). Business investors usually gather the useful yet effective information by considering the environmental risks via direct interactions with the executives of company or surrogate engagement firms (Bell, Filatotchev and Aguilera, 2014). Nonetheless, the information is kept private and is not disclosed. Presently, a difficulty arises while considering the environmental commitments, lack of reliable reporting, avoiding inspection by widespread public and comparison amongst peers in the listed companies. For addressing this matter, the task force has been established regarding the climate financial disclosures by the Board of Financial Stability in order to plan the guiding principles for disclosures for managing them according to the climate risks. Universally known CDP3 studies numerous companies yearly, putting questions regarding the framework, action and governance on the environmental changed. Nevertheless, it is restricted by its reliance on the indented participation. During the 2016 assessment of companies internationally, the CDP got only 86 responses from the Australian corporate. Moreover, the reports of CDP at the gross level (nationally or globally), hence restricting the accessibility of information in relation to private corporations. ACSI which stands for Australian Council of Superannuation Investors considers the Australian corporate sustainable reporting practices on a yearly basis. Bollen and et al. assessed that (2015), neither the climate risk is taken into consideration nor the listed private company commitments are compared. In fact, the guide aims at companies to promote disclosure and to notify the expectations of institutional investors in the market. The development of specified companies in dealing with the climate risk offers a helpful strategy to consider the engagement financial activities of investors (Epstein and Buhovac, 2014). Australia has insufficient regulatory guidance and the collapse of institutional investors to wield their impact on corporate (Mgge and Stellinga, 2015). These investors are required to exhibit their engagement in managing carbon relating to their portfolios and must make use of Oxford Martin Principles. First is to adopt and reveal a structure and timeframe for timely engagement with the companies of fossil fuel. Then they are required to take disciplinary measures in opposition to companies that do not comply with the framework, for example, voting not in favour of remuneration reports. Next is to getting rid of those companies which are not able to do progress. It has been assessed that a few company assessed their Energy sector in order to reduce their emission in the long term. Moreover major of the companies do not make submissions to the CDP (Carbon Disclosure Project) and lack of progress. Specified the level by which Australians are bared to fossil fuel corporate by their funds of superannuation, the widespread public has the right to know the exposure of companies to environmental which are managing the same and assessing the actions of these funds to ensure the firms have invested in a diminishing climate changing risks. A stock market is a place where trading of stock is done. From the economic aspect, apart from acting on behalf of a resource of financial investment, the stock market also acts as a function for indicating a mechanism to executives about the decisions on investments as well as a mechanism for company governance. On the other hand, the stock market is well-known for its most useful channel for raising the capital of the company. Individuals are likely to trade in stocks because of its long-term capital and dividend growth and evade against the slow inflation and spending power (Coates IV, 2014). Another aspect that makes the stock market a key attraction is its liquidity. Most of the individuals make an investment in stocks because they are willing to become the owner of the company, by which they can get the benefit when the company makes payment of dividends, or there is an increase in the price of the stock. However, individuals purchase stock with the intention to take control ov er the business. On a regular basis, shareholders are required to have a specific degree of shares to the board for making better decisions and planning directional strategies for the business. The problem with the statement: in the traditional theory of finance, investors are alleged to be reasonable maximizes of finance, following the fundamental rules based on strategies of investment on the assessment of risk-return, since the factors are likely to impact the decisions on investment. Macve, (2014) asserted that the controversial area of this study has diversified finding provided by the analyst. For example, researchers asserted that expected profits, dividends and financial performance of firm are considered as crucial investments for private investors. Sadgrove (2016), determined six factors which are: dividends, speedy growth, an investment meant for the purpose of saving, rapid profits by buying and selling, specialized investment management and continuing growth influencing private investors regarding their investment decisions. Researchers have suggested that investors are required to carefully examine the factors and applying the best of business knowledge while investing on investment. Investors must have potential to understand the economic and industrial signs, as they impact the performance of market share. Hence, they must assess each variable in the climate rather than just assessing single variable. In addition to this, investors must branch out their investments into diversified companies via developing investment portfolio in order to eliminate risk and maximize profits. Many theories related to stakeholders have developed over time identifying and explaining the nature of the interaction between the firm and the stakeholders. Wennersten, Sun and Li, (2015), specifies that the Stakeholder Theory initiated by Freeman was intended to provide an understanding of the unification of various categories of stakeholders. Freeman recognized that any category of stakeholder theory is not complete without the other. Sullivan (2017) , stated that a number of researchers had recognized the need for the unwritten Social Contract which reflects the managerial and normative decision-making related to stakeholder theory that may aid in the analysis of the interaction between firm-stakeholder. The social contract is an implied contract between a company and the related stakeholders. In the twentieth century, moral responsibilities of a company regained philosophical momentum in the form of social contract theory. The social contract of a gas company offers a more inclusive viewpoint on corporate social disclosure by clearly recognizing that all the companies are bound by the social contract; according to which they agree to carry out various activities that are socially desired by the society in return for approving their objectives, which guaranty their successful sustained existence. In this case, the export of gas which may not leave any scope of local consumption may be against the contract. Corpor ate social responsibility involves reporting of the social and environmental variable of the company. The concept was first introduced by MNCs, to recognize their responsibility towards environment and society (Fullan, 2014). Social and Economic Consequences of Accounting Social Contract Recently, many theorists have different perspectives and criticisms of the social contract. In particular, they have argued that the social contract is an incomplete picture of the moral lives. The motivations that could potentially influence managements interaction with stakeholders are offered by these theories that reflect into in the managements decision regarding information to be reported about the activities of the firm activities. The two important economic consequences of social contract are The resources spent on reporting of such kind which is other than the economic goals are a waste of resources because many of the times they are contradictory to a firm's economic and financial goals (Geneva Association, 2014). On the other hand, the proponents of social contract encourage this ides by emphasizing that the reporting of the social contract comes along with certain other social benefits that may outweigh the economic costs associated with its reporting. Thus, engaging in social and environmental responsibility is necessary for business, for the sake of its long-term existence and a better goodwill in the society (Abbott, 2014). The social contract reflects the view that companys moral or regulatory obligations are dependent upon a social contract or agreement executed by them among the society in which they operate. However, the social contract is in the form of a theory which is associated with the contemporary moral and political theory. The social responsibility and economic goal of the company must go simultaneously with each other for better results. The managers in a gas Company could justify the expenses of the social contract to the shareholders not only due to the moral quality of the companys operation but also with reference to the economic benefits achieved by the business in the long run. Similarly, investors will not be concerned about the trade-off between maximum ROI on the one hand, and on the other, the ethical considerations of the company they invest in (Rickards, Wiseman and Kashima, 2014). Wright and Nyberg, (2015) asserted that a financial reporting system that is supported by high-quality standards, strong governance and resonance regulatory frameworks are a key to the growth of any company. Indeed, financial reporting based on high-quality standards of accounting, auditing and ethics strengthen investor trust placed in financial and nonfinancial information. Thus consistent financial reporting standards play a fundamental role in contributing to economic growth and financial stability of any company. As globalization occurs in more and more countries to open their avenues of foreign investment and to expand their business beyond geographical borders, both the public and private sectors have increasingly recognized the benefits of having a financial reporting framework that is commonly understood and supported by strong globally accepted standards (Seto and et.al, 2016). There are many advantages to such reporting frameworks like greater comparability of financial in formation, the greater readiness of investors to invest beyond borders; more efficient method of allocating resources on the basis of international benchmarks. However, achieving an international convergence like this requires more than theoretical support. It requires reaching a consensus as to what international standards should be used which serves as the base for global financial reporting and auditing and also to determine the ways in which the adoption of these standards can be facilitated. The major challenge in this regard is- Understanding the connotation of International Convergence. Conversion of the local standard into international Standards. Complexity in the structure of International Standards (Allen, 2015) Frequency and volume of changes in the International Standards. Potential Knowledge Shortfall. All these major problems have led to an inconsistent IRFS system which has undermined all the benefits associated with a common reporting. The translation of the international standards is a major challenge faced by many countries which leads to inappropriate adoption and implementation of the standards (Siddique, 2015). There are also huge discrepancies in the meaning of adoption. There is no single definition of adoption of standards. The participants of the IFRS are of the viewpoint that the international standards have become longer and much more complex and rules-based. This complex structure of the standards is adversely affecting their adoption and implementation (Aboutorabifard, 2016). Thus for the purpose of promoting consistent reporting framework globally, it is recommended that the setter of international standard become more attuned to the challenges in adopting and implementing the international standards. In particular, the setters must develop standards that are principles-based and not complex, and a flexible structure which lends itself to incorporation and implementation. Positive Accounting Theory (PAT) Positive Accounting Theory is an effort in making better estimations of the real world events and interprets them to accounting transactions. El-Masry and Kamal (2013), asserted this theory is in contrast with the normative theory that only suggests what should be done; the positive theory is based upon explanation and prediction of events. The positive theory covers areas such as which accounting policy will the firm choosegiven the problem and variables. It also measures firms reaction to the newly proposed accounting standards. The overall purpose of this theory is to recognize and predict the choice of accounting policies available with firms (Iatridis and Schroeder, 2016). It also recognizes the economic consequences which exist in relation to every accounting policy. With the help of PAT, firms maximize their survival prospects, so they can organize themselves proficiently. In relation to PAT, the firms aim at minimizing their contract costs like negotiation, renegotiation, and monitoring. The firm tends to choose the accounting policies that are best suited to their needs. PAT recognizes the changing situation that requires managers to apply a flexible approach in choosing accounting policies (Dodge and Akbari, 2017). This highlights the problem of opportunistic behaviour. This happens when the management actions are in their own personal interests. Thus, positive accounting theory reflects the best set of accounting policies which are an optimal compromise between minimizing contract costs and providing flexibility. Another relevant accounting theory is Normative accounting theory which provides guidance relating to the manner of selecting the most appropriate accounting procedure and prescribe what should be done (Elijido-Ten and Tjan, 2014). As per normative theory the ratio of debt to total tangible assets should be below the specified limit, and in case the quantum of debt exceeds either the assets inflates or liabilities decrease. In case contractual safeguards are not provided then it is assumed that the holders of debt will have to pay the higher cost of interest for compensating towards higher risk. Thus, this theory assists in ascertaining the appropriate procedure in order to reduce the amount of risk and loss relating to debt component. A distinguishing feature has been assessed by the authors to assess the manner in which political and legal setting influences the shape of regulatory space relating to the development of the standard. Jacobsen, (2013) stated that the reason behind the same is that role of political factors in standard-setting is most sophisticated. The influence of political factors on setting standard can be said as an objected intervention in the standard-development process by an economic entity with the aim of influencing the outcome of the procedure in order to enhance the entity economic value, eliminate accounting alternative in order to decrease the impact of additional flexibility provided through same. Conceptual framework provides assistance to AASB for developing and evaluating the accounting standard (Klettner, Clarke and Boersma, 2014). AASB is responsible for the development of Australian Accounting Standard, and the same is necessarily required to be applied by entities in the preparation of financial reports. The conceptual framework can be specified as a practical tool with an assist in developing consistent accounting policies in the case when no accounting standard applies to particular transaction or event (Bodie, 2013). Even assistance is provided in the case when a standard allows a choice of accounting policy and also in interpreting the standard. Thus, it can be concluded that conceptual framework helps in developing and modification of standard as they assist in interpreting the same in an appropriate manner. Through same, the need for modification or necessity of new accounting standard is ascertained, and the manner in which same should be applied is also ascertai ned. The main objective of the conceptual framework is to enhance the financial reporting for providing a clearer and update set of concepts. References Abbott, K.W., 2014. Strengthening the transnational regime complex for climate change.Transnational Environmental Law,3(1), pp.57-88. Aboutorabifard, H., 2016.Equator Principles and Climate Change Issues: Examining the EPs Climate Change Policies and Analyzing the Likely Effectiveness of these Policies(Master's thesis, University of Waterloo). Allen, M., 2015.Strategic communication for sustainable organizations: Theory and practice. Springer. Bell, R.G., Filatotchev, I. and Aguilera, R.V., 2014. Corporate governance and investors' perceptions of foreign IPO value: An institutional perspective.Academy of Management Journal,57(1), pp.301-320. Bodie, Z., 2013.Investments. McGraw-Hill. Bollen, B., Skully, M., Tripe, D. and Wei, X., 2015. The global financial crisis and its impact on Australian bank risk.International Review of Finance,15(1), pp.89-111. Coates IV, J.C., 2014. Cost-Benefit Analysis of Financial Regulation: C Dodge, T.A. and Akbari, B.M., 2017. Fossil Fuel Asset Risk Analysis: Clark University Endowment. Elijido-Ten, E.O. and Tjan, Y., 2014. Sustainability Balanced Scorecard Disclosures and Corporate Commitment to Sustainability: An Australian Study.Issues In Social And Environmental Accounting,8(4), pp.185-208. El-Masry, A. and Kamal, N., 2013. Company Directors and CSR.Encyclopedia of Corporate Social Responsibility, pp.415-421. Epstein, M.J. and Buhovac, A.R., 2014.Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. Berrett-Koehler Publishers. Fullan, M., 2014.Leading in a culture of change personal action guide and workbook. John Wiley Sons. Geneva Association, 2014. The Insurance Industry and Climate change-Contribution to the global debate.The Geneva Reports,2(1), pp.1-152. Iatridis, K. and Schroeder, D., 2016. Responsible Research and Innovation in Industry.Springer. Jacobsen, B., 2013. Institutional investor support for climate change resolutions: a new challenge to capitalism or co-opted activism?. InInstitutional Investors Power to Change Corporate Behavior: International Perspectives(pp. 279-308). Emerald Group Publishing Limited. Klettner, A., Clarke, T. and Boersma, M., 2014. The governance of corporate sustainability: Empirical insights into the development, leadership and implementation of responsible business strategy.Journal of Business Ethics,122(1), pp.145-165. Macve, R., 2014. What should be the nature and role of a revised Conceptual Framework for International Accounting Standards?.China Journal of Accounting Studies,2(2), pp.77-95. Mgge, D. and Stellinga, B., 2015. The unstable core of global finance: Contingent valuation and governance of international accounting standards.Regulation Governance,9(1), pp.47-62. Reddy, W. and Wong, W., 2016. Australian interest rate movements and A-REITs performance: A sectoral analysis. InAsRES 21st International Conference(pp. 1-11). Asian Real Estate Society. Rickards, L., Wiseman, J. and Kashima, Y., 2014. Barriers to effective climate change mitigation: the case of senior government and business decision makers.Wiley Interdisciplinary Reviews: Climate Change,5(6), pp.753-773. Sadgrove, K., 2016.The complete guide to business risk management. Routledge. Seto, K.C., Davis, S.J., Mitchell, R.B., Stokes, E.C., Unruh, G. and rge-Vorsatz, D., 2016. Carbon lock-in: Types, causes, and policy implications.Annual Review of Environment and Resources,41, pp.425-452. Siddique, S.P., 2015.Analysis of the quality of environmental disclosures made by Australian resources sector companies(Doctoral dissertation, Victoria University). Sullivan, R., 2017.Corporate responses to climate change: Achieving emissions reductions through regulation, self-regulation and economic incentives. Routledge. Wennersten, R., Sun, Q. and Li, H., 2015. The future potential for Carbon Capture and Storage in climate change mitigationan overview from perspectives of technology, economy and risk.Journal of Cleaner Production,103, pp.724-736. Wright, C. and Nyberg, D., 2015.Climate Change, Capitalism, and Corporations. Cambridge University Press. Online Commonwealth Bank of Australia. Share Price. 2017. [Online]. Available through https://finance.google.com/finance?q=ASX:CBA. [Accessed on 28th October 2017]. Sean, N., 2017. Commonwealth Bank of Australia share price falls 1.5% on news of inquiry. [Online]. Available through https://www.fool.com.au/2017/08/28/commonwealth-bank-of-australia-share-price-falls-1-5-on-news-of-inquiry/ [Accessed on 28th October 2017].

Thursday, November 28, 2019

Amistad Reflection Paper free essay sample

â€Å" Amistad â€Å" Reaction The movie Amistad was a great movie. while watching this movie in class, the begining of the movie was kind of intense , but then throughtout the next scenes it was kind of boring. The movie made it seem like it was a few white people and blacks against everyone else when that actually was not the case. One thing that should have been included in this three hour movie is the favor that the public of the north had for the Africans. Also, there definitely should’ve been a lot more racism included to show you how black people were viewed and treated as back in those times. It wasn’t just the triumph of the defense, but more of a monumental win for slaves everywhere in a way that would have you skeptical for more. In this movie we hear many different stories as each character tries to explain why his view is the right one. We will write a custom essay sample on Amistad Reflection Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the first courtroom scene we hear several different stories about what should happen to the Africans. All of those stories assume that the Africans are property; the only question is whose property they are. Interestingly, as property, they can not be charged with murder or theft. One cannot be both property and capable of forming criminal intent. The only issue before the court is where the Africans will go. This movie takes on the basis of two core themes, suffering and survival. The way in which these two are represented can label the film as unique. The opening scenes of the enslaved Africans overrunning the Amistad, killing its crew and taking over sets the tone of the movie , and the people watching it is never allowed to forget the image of the African screaming as he thrusts his sword into one of his former captors. The enslaved Africans are not represented as supplicants: they have fought for their freedom. These scenes are coupled with representations of the Middle Passage which are often considered to be the most powerful aspect of the film. This distinctive approach to the movie that represents the Atlantic slave trade is also evident in the portrayal of African culture and identity. Sengbe, the lead member of the enslaved Africans, is shown as strong, knowledgeable and surprisingly intelligent. Rather than turn the story of the Amistad into a celebration of the kindness and generosity of white abolitionists, Sengbe is shown to be the instigator and cause of the freedom which is eventually granted to the enslaved Africans. This was my very first time watching a movie with the storyline like this and after watching and understanding the key points of this movie , i would highly recommend others to watch it.

Sunday, November 24, 2019

Nylon Stockings and Denier Spam

Nylon Stockings and Denier Spam Nylon Stockings and Denier Spam Nylon Stockings and Denier Spam By Maeve Maddox Puzzled by a spate of strange comments being posted on my teaching blog lately, I looked to Google search for an explanation. The comments range from vacuous puffs written in a strange kind of English, I’ve been exploring for a little bit for any high quality articles or blog posts on this kind of area. Exploring in Yahoo I at last stumbled upon this site. Reading this info So i am happy to convey that I’ve an incredibly good uncanny feeling I discovered just what I needed. I most certainly will make certain to don’t forget this website and give it a glance regularly. to utter gibberish: l watches, and he led free on some chair asks umbrella that he knocked well longer flat as his credit. By on it had tightly see with it appeared smaller jerry of ourselves! His samay or watches. Polar felt accountable heart, at monitor came the better around the watches or jake matter. Weight wouldve that he safely. I nodded crossing then silvery, which grotesquely had then of the organic hour. In searching the web, I hoped to find out what benefit anyone could derive from posting this kind of drivel in a comment section. I never did discover a satisfactory explanation, but I have learned a new expression: denier spam. As I grew up in an age when nylon stockings were a staple of every womans wardrobe, the only association the word denier had for me was: denier: a unit of fineness for silk, rayon, or nylon yarn equal to the fineness of a yarn weighing 0.05 gram for each 450 meters of length or one gram for each 9000 meters b : the fineness of a silk, rayon, or nylon yarn or fabric. Could denier spam be an especially fine variety of spam? I kept looking until the penny finally dropped. The word I was seeing wasnt denier [dÉ™n-yÄ ], as in 20-denier nylon, it was denier [dÄ ­-nÄ «Ã‰â„¢r], as in one who denies. Doh! Apparently denier spam is the sort that comes from one-issue readers who use a blogs comment section to soapbox lengthy denials of global warming, the geological age of the earth, the perils of permitting people to carry concealed weapons, etc. Its a relief to have learned the correct pronunciation and meaning of denier spam, but Im still at a loss to understand the purpose of what Ive come to call empty puff spam and gibberish spam. Whats the benefit to those who place it? Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:5 Uses of Infinitives"Replacement for" and "replacement of"Starting a Business Letter with Dear Mr.

Thursday, November 21, 2019

Financial management Essay Example | Topics and Well Written Essays - 250 words - 3

Financial management - Essay Example Following are some techniques that are used in investment appraisal of the project. The basic advantage of this technique is that ROCE is much simpler than other methods and can links with other accounts easily. But seeing as both side of coin ROCE also have some disadvantages like ROCE is not an absolute measure of the project life and timing of cash flow is not considered in this method. Net Present value (NPV): NPV simply means that what is the value of future flows in current terms. It is considered to be a superior to most of other methods. It consider the time value of money and an absolute measure of return but it also have some disadvantages like it is difficult to calculate and difficult to explain to managers. Internal rate of return (IRR): IRR represent the discount rate at which NPV of an investment is Zero. It represents the breakeven cost of capital. As other techniques IRR has also some advantages like it consider the time value of money and use cash flows rather than profits. The main benefit of the IRR is that it is in percentage therefore easily understood by the managers. But as other methods IRR has also some disadvantages like it is not absolute measure of probability and also complicated to calculate. The cost of capital is the rate of return that the enterprise must pay to satisfy the providers of funds, and if reflect the riskiness of providing funds. Valuation of cost of capital is depend upon is based upon these certain

Wednesday, November 20, 2019

London Olympics 2012 - China Diving Team Essay Example | Topics and Well Written Essays - 2750 words

London Olympics 2012 - China Diving Team - Essay Example It is worth mentioning that London was the first country to have hosted the modern Olympic Games event three times having previously done in 1908 and 1948. With the growing competition amid different nations at the global level, strategies are also being made to excel in field of education and sports. China as a leading global sporting nation is considered to be the most populated country, which has over the past two decades established a successful niche for itself in the Games. The subsequent results that are evidently showing in Olympic Games from Chinese participants especially diving team has been propagated by significant contributions from the government which is taking adequate steps to develop and convert the inherent skills of the sports persons to successful results and medals through a precise focus on team development. In this regard, it is observed that ‘Team Success/Failure Model’ is a crucial determinant and continuum to ascertain to inherent perspectives related to a team’s strengths and team members characteristics. The China diving team has been able to create history in the Olympic Games in the year 2012. The diving competitions in the Olympic Games (London) took place at the Aquatics Centre. It was one of the most attractive aquatic sports that took place at the games. Apart from diving, China also took part in other aquatic sports that comprised synchronized swimming, water polo and swimming. However, the China diving team was able to become the most successful country that topped the medal table with six gold, one bronze and three silver in total (BBC, â€Å"Medals in Diving†). THESIS STATEMENT The main objective of this study is to analyze the different facets associated with Chinese Olympic diving team which participated in 2012 summer Olympic Games with a special focus on synchronized diving. The study will be evaluated based on ‘Team Success/Failure Model’, which will enable to determine the key constituents of success achieved by the Chinese diving team. TEAM GOAL OR TASK Diving is considered to be a sport that primarily involves leaping or dropping into water from a raised area or launch pad on occasion while executing acrobatics. Diving is an internationally recognized sport since it acceptance in the Olympic Games in 2000. Although it is viewed that countries such as the United States ruled worldwide competitive diving events in the twentieth century however the sport is being accepted by many countries after it gained international recognition from IOC in the year 2000. China is observed to be one of the leading sporting nations, which has excelled in the sport of diving. The sport was accepted by the people when it was transfigured by national coach Liang Boxi (International Olympic Committee 1-9). Other noted counties that are adapting significant amount of strategies to uplift the sport include Russia, Great Britain, Italy and Australia among others. China is consi dered to be among the most revered participating nations in diving in the Olympic Games since the early 1980s. China won its first Olympic medal in diving in the 1984 Los Angeles Games. Again, in the year 1988, the nation gained two out of four gold medals in the diving category in Seoul which continued to grow as it was able to gain five gold medals from Sydney and six in Athens. Chinese divers quickly became accustomed to victory having

Monday, November 18, 2019

M5A2 - Leadership and Ethics Essay Example | Topics and Well Written Essays - 750 words

M5A2 - Leadership and Ethics - Essay Example Additionally, Clarke’s roles throughout his career reflect that he had a strong tendency for management rather than as a technical person. Clarke shifted from commercial and marketing positions to the head of stores which had little relevance to his previous positions. Similarly, he later moved from Supply Chain Director to IT Director. Both positions have little in common so it could be surmised that Clarke is more of a manager than a technical person who would be restricted to one field of expertise in TESCO. Moreover, it must also be related that Clarke has been moved around the world when TESCO required solutions to grave problems so Clarke can be seen as an adept manager, especially under pressure. Clarke’s role as a leader is confirmed most after talking to his subordinates. All of the people interviewed, at TESCO, viewed Clarke as an able leader such that they looked up to his example. Moreover, Clarke can be seen as a direction setter for TESCO given that TESCO has switched gears after Clarke took over as Group Chief Executive. 2. Describe the ethical model or framework used by the person to make ethical decisions—include the positives and negatives of your chosen leader's ethical model. Clarke can be seen as using a managerial grid leadership model for taking ethical decisions. The use of the managerial grid leadership model is augmented by the situational theory of leadership where the leader evaluates a situation in order to provide the decision (McKee & Carlson, 1999). The managerial grid model provides for two major constraints that the leader must consider – labour satisfaction and productivity. In addition to these major constraints, the leader may also be considering other smaller constraints such as public image, accountability, legal implications etc. The leader utilising the managerial grid model for ethical decision making tends to evaluate the provided situation in terms of the constraints in the situation (Griff in & Ebert, 2010). The primary aim of the leader is to optimise all available constraints in respect to each other such that no singular constraint overrides any other constraint. It must be kept in mind that labour satisfaction and productivity will operate as primary constraints while other constraints play secondary and tertiary roles only. This particular model of ethical decision making is restricted to Philip Clarke, Group Chief Executive for TESCO only since other managerial grid leadership models would have personalised primary, secondary and tertiary constraints being considered. The managerial grid leadership model for ethical decision making has the distinct advantage of optimising organisational aims and objectives achievement. This takes place as the ethical decision making process optimises inputs for Theory Y under which labour satisfaction is maximised in order to maximise productivity (Griffin & Ebert, 2010). Essentially, as labour satisfaction increases, the achiev ement of organisational aims and objectives becomes easier and simpler but it remains to be seen what direction organisational aims and objectives lie in. Given the nature of economic enterprises, it is common to find productivity at the top of the organisational aims and objectives list but other secondary and tertiary factors may also be available such as safety, ethical practices, corporate social responsibility etc. (Ray,