Friday, September 4, 2020

Art in south afric Research Paper Example | Topics and Well Written Essays - 750 words

Craftsmanship in south afric - Research Paper Example The craftsmanship show will be trailed by a preparation with respect to South African workmanship and the nation. Destinations The proposed craftsmanship show is coordinated to make mindfulness and learning with respect to different societies and points of view from around the world. The workmanship show is additionally expected to improve the comprehension of understudies taking Africa-related classes just as understudies who are exploring African craftsmanship and culture. The crowd will likewise be given an opportunity to contrast contemporary North American craftsmanship and workmanship from Africa, drawing out the subtleties in culture and conviction between the two social orders. In addition, the preparation with respect to South Africa, its craft and culture following the craftsmanship show is relied upon to improve the comprehension of the crowd concerning how African workmanship has developed over the ages. Dynamic input will be looked for from the crowd utilizing remark car ds that will be given to every guest. Changes considered fundamental by the crowd will be consolidated to the proposed craftsmanship appear and will be kept in note for future workmanship appears. It is trusted that an effective workmanship show will persuade different colleges to stick to this same pattern. Setting The proposed workmanship show is relied upon to attract a changed crowd made out of understudies, educators and individuals from staff at Indiana State University. Finding out about different societies, their qualities and standards is progressively important, given the multi-racial standpoint of present day society. The craftsmanship show presents understudies with an opportunity to peer past their own social conventions so they may raise capacity to bear different societies. Crowds will be given out little handouts as advisers for the workmanship appear. These pamphlets will incorporate data with respect to South Africa and in regards to the craftsmanship pieces in pla in view. Network Connections Volunteers from the network will be required to look out for the show to guarantee that the craftsmanship pieces are not vandalized in any structure. Moreover, volunteers will be required so as to usher the approaching crowds and to deal with the whole craftsmanship display during show time. The volunteers will be required to open up the display and shut it during each time that the show continues. Before the beginning of the craftsmanship appear, volunteers will be expected to set up the bits of workmanship in the workmanship display while ensuring that no piece gets harmed. Likewise, overseers will tidy up once the show is over for one day with the goal that the workmanship exhibition is in extraordinary condition for the following day’s appear. Spending plan The proposed craftsmanship show will require financing so as to obtain South African workmanship from the parent nation and from around the world. The subsidizing will be spent for two sign ificant causes †purchasing the craftsmanship and afterward shipping the work of art to Indiana State University. The subsidizing could be determined by holding a store raiser that could speak to the understudies just as other bodies’ personnel and staff and the network. In addition, the divisions for craftsmanship and history will be mentioned to discharge a few assets so as to support the workmanship presentation. Effort and Promotion Proper showcasing exertion should be made to drive individuals to go to the workmanship appear. So as to showcase the reason, banners will be shown all over the grounds including the cafeterias and normal rooms. Additionally, banners will be put on notice sheets around the grounds just as the passages of every significant structure. So as to exploit informal organizations, a promoting effort will target different long range interpersonal communication sites, for example, Facebook, Twitter, My Space and so forth. The university’

Tuesday, August 25, 2020

Night of Scorpion Essay Example for Free

Night of Scorpion Essay Night of the scorpion composed by Nissim Ezkiel is an intriguing sonnet and the writer realizes an extremely engaging difference among great and underhandedness in it; inside and out giving the sonnet a substance of equity. The writer raises it a hell free errand for the perusers to imagine the scenes with the proper utilization of different symbolisms. He has additionally accomplished a heavenly work of including different various faculties into the sonnet. All the faculties, visual, smell, interior emotions and sound have been incorporated. In this sonnet we can see the scenes clearly with the assistance of lines like,† †¦to creep underneath a sack of rice,† and,† Peasants came like multitude of flies. Nissim Ezekiel can keep are mind alive and connected with the whole span of the sonnet with the assistance of lines like,† Peasants came like multitude of flies. † At the point when we read this line, we realize that it is a metaphor and it help us to perceive how the workers went along. Yet, when think further we understand that it additionally gives us that the storyteller doesn't respect the sort of care that the locals are appearing, he simply needs them to disregard him and his family. The explanation the residents are contrasted with flies is to show precisely how angering they are and that they are not welcome, much the same as flies. The writer has made this sonnet complex, which is consistently something worth being thankful for. This can be demonstrated in light of the fact that to depict the scorpion he utilizes words like â€Å"diabolical† and â€Å"The Evil One† which show it as a wicked animal. Then again he likewise utilized lines like,â€Å" driven him to slither underneath a sack of rice† and â€Å"†¦ took a chance with the downpour again,† which realizes a logical inconsistency as this line shows that the scorpion isn't at all the miscreant, it is basically terrified. Among the numerous metaphors utilized in this sonnet likeness in sound is one of them. He has utilized this interesting expression effectively, empowering us to hear the consistent commotions that were made. The artist compose that the residents â€Å"buzzed the name of god† which again weights on the point that the clamor and upheaval being made by the locals was not in any manner welcome. The artist further draws the enthusiasm of the peruser by utilizing a saying to pass on this message and not doing it straightforwardly. He has additionally composed â€Å"They clicked their tongues,† which is another case of likeness in sound. The component of smell is achieved on the grounds that the writer has presented candles and consuming oil in lights in his sonnet also. Nissim Ezekiel has made the mother’s experience of getting chomped by the scorpion sound unbearable and unceasing. He has passed on this by utilizing some clear composition, model, â€Å"May the toxic substance clean your tissue of want, and your soul of ambition,† Nissim Ezekiel effectively assembled the strained air by utilizing only a short sentence,â€Å" My dad, cynic, realist, attempting each revile and blessing,† There is additionally an example in which the artist utilizes alliteration,â€Å" I watched the fire benefiting from my mom. This line has likewise had the option to develop the mind boggling nature of the sonnet as a result of its double importance. We can essentially say that the ‘flame’ alludes to fire of the paraffin or we can likewise say that ‘flame’ alludes to the scorpion’s poison. The sonnet closes energetically, with the mother enduring and being grateful to god for causing her to endure and not her youngsters. After all the strained snapshots of agony, enduring, torment and dread, the sonnet has a contacting and warm closure which demonstrates the mother’s love for her kids.

Saturday, August 22, 2020

Drug Development and Toxicology (High-performance liquid Essay

Medication Development and Toxicology (High-execution fluid chromatography) - Essay Example is likewise indispensable in actiation of different cancer-causing agents and detoxification of harmful epoxides (Bauer, Faiola, Abernethy, Marchan, Pluta, Wong, Gonzalez, Butterworth, Borghoff, Everitt and Recio, 2003). The insufficiency of epoxide hydrolase doesn't show any irregular phenotype. This recommends it isn't significant for physiological homeostasis and propagation. Be that as it may, lack in epoxide hydrolase brings about the life form been not able to bioactivate DMBA to the cancer-causing metabolite. This outcomes in the living being been exceptionally impervious to DMBA instigated carcinogenesis. Its lack makes a diminishing in response poisonousness that is because of benzene as there is a decrease in the amount of metabolites that are harmful (Bauer, Faiola, Abernethy, Marchan, Pluta, Wong, Gonzalez, Butterworth, Borghoff, Everitt and Recio, 2003). As appeared in the test outcomes, the grouping of 4, 5 †dihydrodiol diminishes for a long time. This implies the catalysis of epoxide hydrolase prompts its decrease. This implies the harmfulness of 4, 5 †dihydrodiol is generally diminished. For 7, 8 †dihydrodiol, the catalysis of epoxide hydrolase prompts its total decrease. Henceforth, it is rendered non-harmful. The centralization of 7, 8 †diol †9, 10 †epoxide persistently ascends after every day. This implies the hindrance of the catalysis of 7, 8 †diol †9, 10 †epoxide by epoxide hydrolase prompts an ascent in the grouping of this metabolite which brings about an expansion in its poisonousness. Mr. X is probably going to build up a malignancy because of this mishap. From the chart, it very well may be gathered on that the convergence of 7, 8 †diol †9, 10 †epoxide progressively increments. This metabolite isn't inactivated yet is impervious to epoxide hydrolase and expanded in amount. This expansion in focus improves the probability of Mr. X creating disease. The purpose behind this is, because of its resistanse to catalysis by epoxide hydrolase, this metabolite causes transformation in

George W. Norris :: essays research papers

     On July 11, 1861 in York Township Ohio Mary Norris conceived an offspring too a kid and named him George William Norris. At the point when George was three his dad passed on. After his father kicked the bucket his mom needed to deal with eleven children.      When George was twenty he graduated with a bacheolrs degree and earned a law degree. He did the law student review to win a law degree. Afterward, he tought some school. He did these occasions from age twenty through twenty-two.      Georgemoved to Beatrice in 1885 annd opened a law office. He lived in Beatrice for a couple of months. Afterward, he moved to Beaver City where he met Pluma Lashely his first spouse. Pluma’s father kicked the bucket onne year after the wedding. His significant other brought forth thhree girls and passed on while attempting to bring forth the fourth an unborn kid in 1901. George would in the end remarry on July eighth. The young ladies name was Ellie Leonard who nearly passed on while bringing forth twins. Nnorris and Ellie went a childless life.      George William Norris had a brilliant profession. George was in congress from 1913-1943 thirty years. He was the administrator of the ncpac which represents: National Resident Political Action Committee. George was additionally the dad of the TVA which stands for Tennessee Valley Authority. He was a U.S. congressperson for Nebraska. He was the creator of the twentyth amendment. The twentyth amendment is the rights for the oppressed what's more, vigorous supporter of goverment change.      George William Norris passed on September second 1944 at the age of eighty-three. He passed on while still in political activity. George W. Norris :: papers look into papers      On July 11, 1861 in York Township Ohio Mary Norris conceived an offspring too a kid and named him George William Norris. At the point when George was three his dad passed on. After his father kicked the bucket his mom needed to deal with eleven children.      When George was twenty he graduated with a bacheolrs degree and earned a law degree. He produced passing results for the law oriented test to win a law degree. Afterward, he tought some school. He did these occasions from age twenty through twenty-two.      Georgemoved to Beatrice in 1885 annd opened a law office. He lived in Beatrice for a couple of months. Afterward, he moved to Beaver City where he met Pluma Lashely his first spouse. Pluma’s father kicked the bucket onne year after the wedding. His better half brought forth thhree girls and kicked the bucket while attempting to bring forth the fourth an unborn kid in 1901. George would in the end remarry on July eighth. The young ladies name was Ellie Leonard who nearly passed on while bringing forth twins. Nnorris and Ellie went a childless life.      George William Norris had a brilliant vocation. George was in congress from 1913-1943 thirty years. He was the director of the ncpac which represents: National Resident Political Action Committee. George was additionally the dad of the TVA which stands for Tennessee Valley Authority. He was a U.S. congressperson for Nebraska. He was the creator of the twentyth amendment. The twentyth amendment is the rights for the oppressed also, indefatigable supporter of goverment change.      George William Norris passed on September second 1944 at the age of eighty-three. He passed on while still in political activity.

Friday, August 21, 2020

Essay Example | Topics and Well Written Essays - 750 words - 120

Exposition Example He likewise enables the authors to associate their imaginative and inventive thoughts with the need of the crowd for melodic newness and magnificence. The different sorts of traditional music are played for nothing out of pocket with the significant objective of building gifts. The article caused me to consider and consider various things most definitely. Right off the bat, it gave me an image of the college as a spot that isn't just implied for scholastic greatness yet additionally a spot to support gifts in different fields. This is in opposition to the misinterpretation held by numerous that the college includes genuine examination with no play. It is very fascinating that the Music Today Festival is composed and facilitated by one of the university’s senior educators, Kyr Robert. It likewise caused me to ponder the significance of music, particularly for proficient methods. Taking into account that the educator heads the music office in the college, it appears that there are foundations that esteem music as a method of diversion as well as a calling. I likewise came to comprehend that there are understudies examining music as a course, only for proficient reason. This caused me to recall one inquiry that is exceptionally normal, particularly amon g writers, while talking with performers; â€Å"apart from music, what else do you do?† numerous individuals have taken music not as a profession yet as a method of amusement. The article is a decent source to show the general public on the significance of music as a methods for diversion as well as a calling. At the end of the day, the article for the most part triggers musings about the significance of music in the general public just as the job of music as a method of unwinding to empower understudies concentrate better. One thing that astounded me is that the celebration isn't just remarkable in the University of Oregon alone. A few different foundations place a high incentive on music and use it as a method of sustaining gifts and upgrading

Monday, August 3, 2020

Macbeth, a play by Shakespeare

Macbeth, a play by Shakespeare Macbeth and Things Fall Apart Home›Literary Analysis Posts›Macbeth and Things Fall Apart Literary Analysis PostsMacbeth, a play by Shakespeare revolves around the character Macbeth the thane of Glamis who works out his ways to become king and tries to ward off any threat to his reign and succession by all means. In Chinua Achebe’s novel Things fall apart, Okonkwo, the main character, equally does everything to prove his valor. Though set in Scotland and Nigeria respectively, both Macbeth and Things fall apart subtly examine how too much ambition may break a man or propel him towards self-destruction.Macbeth’s ambition is, at the onset of the play, stirred up by the witches who meet him (with Baquo) in a desert while coming from a battle in which he had defeated the army os Norway which was supported by the thane of Cawdor. They hail Macbeth as the thane of Glamis and of Cawdor and predict that he will be king too. Coincidentally, as prophesied by the ‘three weird sisters†™, Macbeth later meets Ross who confirms to him that King Duncan has named him thane of Cawdor; this strengthens his resolve to go for greatness. In an aside that follows, Macbeth says that his greatest position comes after the present promotion. Banquo on his part is promised at his request that he will be happier and greater than Macbeth since he will be a father of kings: “Thou shalt get kings, though thou be none.”In Things fall apart, Okonkwo’s resolve to be great is driven by fear of not being like his late father Unoka. Achebe clearly states, “Perhaps down in his heart, Okonkwo was not a cruel man. But his whole life was dominated by fear … it was the fear of himself, lest he should be found to resemble his father” (9 10). Like Macbeth whose valor at war is demonstrated at the play’s onset when he defeats the invading armies of Norway and Ireland, Okonkwo’s fame is announced at the beginning of the novel. At the age of eighteen, he brings honor to his village by throwing Amalinze the Cat in a legendary duel. This among other achievements, not only earns him popularity but they also make him look down on underachievers. “He had no patience with unsuccessful men. He had no patience with his father (3).Unguarded personal ambition may lead to insensitivity and cruelty. Shakespeare apparently presents this view from what Macbeth (who is initially full of human kindness) does once his eyes are set on the crown. Though he had earlier said in an aside that “If chance will have him king, chance may crown him king,” Macbeth, persuaded by his wife, does not wait for chance to crown him king. In a letter to his wife, Lady Macbeth, Macbeth tells her to rejoice and not be ignorant of the promised greatness. To this promise she laments, in a soliloquy in Act I scene V, which the very kind nature of her husband may hold him from getting what fate and gods had bestowed upon him. She hopes to and succeeds in talking Macbeth into killing King Duncan when the king visits their castle. Macbeth’s murderous tendency and cruelty in pursuit of greatness are further demonstrated by the ruthless execution of the two chamberlains upon whom the daggers that killed Duncan are found. He attributes this inhuman act to his rage and fury.It is not, however, lost to the audience that Macbeth murders the two guards to conceal his treasonable act of murdering the king. He is probably aware that should it be suspected upon him, his ambition to succeed Duncan will come to naught.  In Things fall apart, Achebe exposes Okonkwo’s reckless insensitivity and cruelty.   He commits the unimaginable during the Week of Peace.   Okonkwo heavily beats his youngest wife, Ojiugo, for not returning early enough to cook the afternoon meal.   Ojiugo had gone to plait her hair at her friend’s house.   “In his anger, he had forgotten that it was the Week of Peace”(21). His two wives pleaded with him that it was the sacred week but he disregarded this si nce he is not known for stopping to beat someone half-way through.Ezeani, the priest of the earth goddess rebukes Okonkwo for disrespecting their gods and ancestors. Okonkwo displays the same recklessness during the New Yam Festival â€" an annual joyous occasion in Umuofia. He gives his second wife a sound beating for cutting a few leaves of bananas to wrap some food as it cooks. Okonkwo then asks Ikemefuna to bring him his gun with which he wants to venture out. The beaten wife innocently comments in a murmur about guns that had never killed anything (this is the case as the author had already observed that Okonkwo had not been lucky with the gun â€" he had not even killed a rat). In response to his wife’s observation, Okonkwo “ran madly into his room for the loaded gun, ran out again and aimed at her..” The woman luckily escapes unscathed.The   main characters in Macbeth and Things fall apart stop at nothing to realize their ambition.   Macbeth, having ascended to the throne , schemes to kill Banquo and his son Fleance.   He wants this done to ensure that the prophecy given to Banquo aborts. In Act III scene I, Macbeth   rues the fact that the witches hailed Banquo “father to a line of kings/ Upon my head they placed a fruitless crown.”   He thus declares Banquo his greatest enemy and hires murderers to kill him. Banquo is killed but his son Fleance escapes the murderer’s attack. Similarly, in his ambition to cut out an image of a fearless man, Okonkwo mercilessly kills Ikemefuna. Ikemefuna had been brought to Umuofia from Mbaino as a token of peace.An Umuofian woman had been killed in Mbaino and Ikemefuna and a virgin were the price they paid to avoid going to war with the aggrieved clan.   Ikemefuna had lived in Okonkwo’s homestead for three years and had known Okonkwo   as a father.   When the clan decided to kill Ikemefuna, Ezeudu warned Okonkwo, “ that boy calls you father.   Do not bear a hand in his death” (40).   Ikemefuna was led to the forest and when a man struck him by a matchet, Okonkwo “heard Ikemefuna cry, ‘my father, they have killed me!’ as he ran towards him. Dazed with fear, Okonkwo drew his matchet and cut him down. He was afraid of being thought weak”   (43). The rushed murder of the two chamberlains by Macbeth and the uncalled for killing of Ikemefuna by  Okonkwo prove that the two would do anything to be great.The writers of Macbeth and Things fall apart seem to agree that reckless ambition necessarily begets suffering.   At the killing of Banquo but not his son Fleance, Macbeth is dismayed to learn that the prophecy about Banquo still stands.     He observes that the murderers have scorched but not killed the snake.   This realization leads Macbeth to mental turbulence which he describes as a mind full of scorpions.   After Banquo’s death, Macbeth and Lady Macbeth begin to pay for their evil in their pursuit of ambition.   In Things fall apart, the killing of Ikemefuna by Okonkwo, lik e the death of Banquo for Macbeth, is the turning point for Okonkwo’s rising star.   His role in the death of the boy haunts him and he neither eats nor sleeps for two days. Nwoye, Okonkwo’s son later cites this incident as his reason for deserting his father for the white man’s religion.   In a manner of speaking, therefore, it is enough to conclude that the ghost of Ikemefuna, like that of Banquo comes back to punish Okonkwo.In the case of Macbeth, the sight of Banquo’s ghost shocks him and he queerly laments in the hearing of his guests though his wife tries to control the damage.   Okonkwo on his part broods alone and becomes a “shivering woman” (45). He wakes up in the middle of night and the mosquitoes “wailing near his right ear” could symbolize Ikemefuna’s ghost (53) .   And as fate would have it, Ikemefuna’s murder is followed by an accidental murder of a boy by Okonkwo at Ezeudu’s funeral. Ibo tradition demands that anyone who commits such a crime is punished. Okonkwo’s property is destroyed in keeping with the tradition and he is banished with his family from the clan for seven years. They move to Mbanta, Okonkwo’s mother’s birthplace. Evil begets evil as both Macbeth and Okonkwo suffer after inflicting pain and loss in others.Ambition without moral restraint leads to self-destruction.   This is evidently the case of both Macbeth and Okonkwo.   Macbeth, under pressure from being isolated by Macduff, desparately seeks out the witches for assurance.   He gets new prophecies that superficially soothe him.   Macduff also seeks the help of the King of England to dethrone Macbeth.   Banquo’s ghosts intensely haunt Macbeth and this heightens mental anguish. The witches warn Macbeth to be wary of Macduff but tell Macbeth that his kingdom will last until Birnam Wood moves to Dunsinane Hill.   He is also told that no one born of a woman will harm him.   All these developments leave Macbeth in a state of confusion.   In this state , when he learns of Macduff’s plot, Macbeth sends murders to kill Macduff’s wife and sons. The climax of Macbeth’s self destruction comes in Act 5.His wife develops a strange sleeping illness.   As he prepares to do battle with Macduff and Malcom, Macbeth fortifies his palace at Dunsinane Hill.   On the day of battle, the English and the Scottish army carry tree branches Birnam forest and march towards Dunsinane Hill. A scout informs Macbeth that the forest moves towards the palace but he defiantly fights himself to self- destruction insisting that he will die fighting.   Macduff whose birth was by what is commonly known as Caesarian eventually kills Macbeth. Thus in the manner of his death, the witches prophecies about the moving woods and the assassin not borne of a woman are fulfilled. It is the self-same prophesies that propel Macbeth to power leaving a trail of murders behind him. Interestingly, when Macbeth attempts to stop the predictions that do not favor him, he finds himself on the path to self-destruction.Okonkwo’s final journey self-destruction begins while in exile at Mbanta, his motherland.   He grows impatient with the people of Mbanta for allowing the white man to settle there.   He cannot tolerate the reasoning that their gods will fight for themselves and that there is no need fighting off the Christians for desecrating their religion. His argues, “Let us not reason like cowards…if a man comes into my hut and defecates on the floor, what do I do?   Do I shut my eyes? No I take a stick and break his head.   That is what a man does … This was a womanly clan, he thought such a thing could never happen in his fatherland Umuofia (113).It is with this mindset that Okonkwo returns to Umuofia and walks into his death.   He finds the white man well established in his clan.   He laments his being away for too long.   Nevertheless, he declares “We must fight these men and drive them from the land.”   (124)Okonkwo later leads his clansm en in destroying the Christian church at Umuofia. This achievement reignites his valor but his joy is short-lived when the white man arrests five other elders with him.   Okonkwo regrets not having killed the District Commissioner when he had summoned them. After they are released, Okonkwo attends clan meeting.   The white man’s messengers come to stop the meeting but Okonkwo stops them and chops off the head of one of them.   The meeting does not go on as he had expected it would. This kills his warrior spirit and tragically disillusions him. “He knew that Umuofia would not go to war. He knew because they had let the other messengers escape”   (144). In disappointment Okonkwo wipes his matchet and walks away. Shortly afterwards, his body is found dangling from a tree in a small bush behind his compound. Obierika ferociously accuses the District Commissioner for driving one of the greatest men in Umuofia to his to death and Okonkwo would now be buried like a dog. It is, howeve r, the pursuit of greatness that blindly drives both Macbeth and Okonkwo to their death.In conclusion, it is important to note that the two literary texts â€" Macbeth and Things fall apart, though written in different times and places address the inherent failings of humanity.   The greatest flaw of character evidently given prominence in the two works is the trait of unbridled ambition.   The main characters in both texts manifest such raw ambition that they end up being devoid of human feelings. For the two, the pursuit of self-actualization knows no moral or humanistic boundaries. Such a pursuit, Shakespeare and Achebe imply, ultimately leads to self-inflicted tragedy.

Thursday, June 25, 2020

Work-life balance. Is it achievable 

We’ve all called or texted friends and family to ask how they are only to get the reply, â€Å"Busy.† Or worse; â€Å"Stressed.† Burnout is real. Being forever busy is an epidemic of its own. And struggling to achieve work-life balance often feels a losing battle.   Perhaps we’re partly to blame. We work on our commutes. We work on our holidays (our next-level connectedness means no one is ever really out of office any more.) In the evenings. On weekends, and at times when we should be spending quality time with those most important to us. It’s non-stop. And hands up, I’m scarlet-handed. I’m passionate about what I do and it’s not unknown for my work to extend into unsocial hours. The pressure to be always on What if you miss something? The brief changes? The website goes down? It’s more often than not, fixable. Though we feel pressure not to mess up and to be available within a minutes notice. Our desire to succeed can be all-consuming. Of course, no one wants to fail. Yet failure is the exact thing we need to grow. Paranoia, humble-bragging, and social medias false projection of perfection give us a sense of needing to be always on as well. When actually, to be our full, rested selves the best thing we can do is switch off.   How much responsibility lies with employers? The saying goes, healthy employees make happy employees. And, in London, there’s been a huge surge in companies recognizing the demand for a workplace with benefits beyond the expected. Free Friday breakfasts, B2B events on-site so to accelerate the learning curve, yoga classes, kombucha in the fridge now as well as beer.   Good managers should be open to discussion too. Don’t be shy about asking for their time. Put 1:1s in with them if they haven’t with you. Flexible hours, a later start and finish, a day working from home are modern-day practice for many businesses, but it should become the norm. What about the 4-day week? While far from common, this is gaining traction too. Microsoft’s recent trial in Japan netted the company a whopping 40% leap in productivity. US real estate firm Perpetual Garden also tried the 4-day work week experiment. It was so successful they’re reported to have adopted it permanently.   In my line of work, a lot of people work from home on Fridays. In no connection to my last sentence, I question how much work really gets done on Fridays anyway. If we’re pushing ourselves all week long, fatigue is inevitable. And if we know we have to get our to-do list done in four—rather than five—days it’s carrot on a stick logic. You’ll do it. Then, you can enjoy a relaxing, restorative three-day weekend.   At the end of the day our employers can help set us up for success, but ultimately they’re a business. It’s down to us to do the same and look out for our own business—ourselves. Managing work-life balance is critical for further progression You might have to adjust your priorities. Or get better at saying no gracefully, as CEO of Girlboss Sophia Amuroso recommends. Commit to leaving work on time to get to that gym class. And learn to accept that you can’t do everything—importantly, that’s more than okay.   Our professional and personal lives have become more entangled than ever before. Relearning how to switch off, adopting boundaries—gradually if need be—and prioritizing self-care stand us in far better stead against burnout.   So, how do we start to organize the chaos and prevent burnout? Try to identify triggers and patterns. Make an effort to notice things that raise your stress levels. It could be that your commute is really hectic—can you switch it up in any way? Could you learn via podcasts? Watch a movie on that long journey so you use the time for you?  Ã‚   Planning ahead for busy spells at work—the festive period or summer vacation season—may help too. Including booking in your own time off. As a freelance writer, I’ve found that booking a weekend away or a holiday for some time ahead means I have to take time off. I’ve also promised I’ll eat well. It’s a small, obvious step, but crucial. It might be a little Mother Hen, but if we don’t ensure we are fit and well, no-one else is going to. Don’t ignore stress—adopt daily strategies Here are some things that I’ve found helpful. Hopefully, some will work for you, too. Make your workload visible. Make it clear to your peers what you’re doing and ask them for feedback. Not only will it help you move further, faster—you might also receive positive reassurance you’re on the right track.   Plan even an hour off doing something you enjoy. A walk, reading a book, calling that stressed friend for some camaraderie. Change your work setting. Bizarrely, moving from my home desk to the sofa can help my productivity levels. You have to work out what works for you—and it might surprise you. Walk around the block. Getting fresh air really can change perspectives.   How much do you allow interruptions? It’s okay not to respond instantly—don’t open yourself up to unnecessary interruption. There are plenty of reports out there to suggest it takes nearly 30 minutes to refocus from distractions. Say no. After all, we can’t do everything, and recognizing that is powerful.   Is work-life balance really achievable? We might not like to admit that a lot of it is down to us. But with gradual changes and committing to making them, we can do it. A daily multivitamin, committing to that run, making your commute time for reading that book that’s been on your shelf forever. Those are great ways to start. More like this Tips and tricks for juggling the demands of a part-time MBA Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021 Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021"> During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . Happy New Year, Hultians! . Happy New Year, Hultians! .

Saturday, May 23, 2020

Managerial Entrenchment In the Corporate World

One of the biggest threats to long-term success is managerial entrenchment, which occurs when corporate leaders put their own self-interests ahead of the companys goals. This is of concern to people working in finance and corporate governance such as compliance officers and investors because managerial entrenchment can affect shareholder value, employee morale, and even lead to legal action in some instances. Definition Managerial entrenchment can be defined as an action, such as investing corporate funds, that is made by a manager in order to boost his or her perceived value as an employee, rather than to benefit the company financially or otherwise. Or, in the phrasing of Michael Weisbach, a noted finance professor and author: Managerial entrenchment occurs when managers gain so much power that they are able to use the firm to further their own interests rather than the interests of shareholders. Corporations depend on investors to raise capital, and these relationships can take years to build and maintain. Companies rely on managers and other employees to cultivate investors, and its expected that employees will leverage these connections to benefit corporate interests. Some workers also use the perceived value of these transactional relations to ensconce themselves within the organization, making them difficult to dislodge. Experts in the field of finance call this a  dynamic capital structure. For example, a mutual-fund manager with a track record of producing consistent returns and retaining large corporate investors may use those relationships (and the implied threat of losing them) as a means of earning more compensation from management. Noted finance professors  Andrei Shleifer  of Harvard University and  Robert Vishny  of University of Chicago describe the problem this way:   By making manager-specific investments, managers can reduce the probability of being replaced, extract higher wages and larger prerequisites from shareholders, and obtain more latitude in determining corporate strategy. Risks Over time, this can affect  capital structure decisions, which in turn affects the way in which shareholders and the managers opinions affect the way a company is run. Managerial entrenchment can reach all the way to the C-suite. Plenty of companies with sliding stock prices and shrinking market shares have been unable to dislodge powerful CEOs whose best days are well behind them. Investors may abandon the company, making it vulnerable to a hostile takeover. Workplace morale can also suffer, prompting talent to leave or for toxic relationships to fester.  A manager who makes purchasing or investment decisions based on personal bias, rather in a companys interests, can also  cause  statistical discrimination. In extreme circumstances, experts say, management may even turn a blind eye to unethical or illegal business behavior, such as insider trading or collusion, in order to retain an employee who is entrenched. Sources Martin, Gregory, and Lail, Bradley. The Downside to Limiting Manager Entrenchment. Columbia.edu, 3 April 2017.Schleifer, Andrei, and Vishny, Robert W. Managerial Entrenchment: The Case of Manager-Specific Investments. Journal of Financial Economics. 1989.Weisbach, Michael. Outside Directors and CEO Turnover. Journal of Financial Economics. 1988.Wharton School of University of Pennsylvania staff. The Cost of Entrenchment: Why CEOs Are Rarely Fired. UPenn.edu, 19 January 2011.

Monday, May 18, 2020

The Indian History And The Status Of Women - 1275 Words

The Indian History and the Status of Women : Women’s security is closely connected to global security still they suffer simply because they differ in gender. According to the UN Commission on Human Security, ‘the security of one person, one community, one nation rests on the decisions of many others, sometimes fortuitously, sometimes precariously’’. However, in the interrelated world everyone is influenced either positively or negatively by the decisions of individuals or states (UNIFEM 2003). To understand the status of the Indian women it is important to understand the history gender discrimination in the country. In 1947, the Indian history of violence against women was perceivable in the violent nature of the nation’s partition. The women were raped, abducted and their bodies were used as a medium of men’s evil expression as Indian Hindus and the Pakistani Muslims battled for power to defend their countries. This tactic of humiliating the opponent by using women’s bodies as a tool of power dominance is still being practiced in the Indian society and is visible in the cases of Devi and Sori (Dobhal 2011: 598). Mother India, commonly termed as Bharat Mata in Sanskrit is the national personification of India as a mother goddess which is widely depicted as a woman clad in a saffron sari holding the national flag. The position of women was high in India and some might argue that degrading positioning of women in the society is influenced by the impact of colonialism.Show MoreRelatedRemedies And The Contemporary Situation Of Self Determination1730 Words   |  7 Pagesof the Indian Act but did not provide specific remedies it would take for Sandra Lovelace and other similar cases. In particular, the government informed the Committee that it acknowledged Committee’s concerns that the section 12(1)(b) of the Indian Act was discriminatory on the basis of sex and the government was willing to amend it. As a part of the remedies, Canada signed Bill C-31 four years later, in 1985. This bill responded to the issues of Indian band membership and Indian status. In particularRead MoreAboriginal Women are Oppressed in Society Essay1443 Words   |  6 PagesThroughout history, women have been the victims of oppression in society. In specific, Aboriginal women have suffered through racism, sexism, domestic violence, and over-representation. Through the implementation of the Indian Act, Aboriginal women have been forced to abandon their culture in order to assimilate into Canadian society. The effects of colonization has changed the way Aboriginal women are treated; emotionally and physically, and therefore are the source of oppression today. The Indian ActRead MoreThe Status of Indian Women Essay1387 Words   |  6 PagesWhat is the status of the Indian women in Indian society? To examine this question properly, one must look at a couple different factors. Time period and caste (or economic level) both have an effect on the status of Indian women. There is no one model of an Indian women, and therefore no way to truly pin down her status without examining these changing aspects which build this status in society. However, despite these nuances in the status of an Indian women based off of these different factorsRead MoreLiving Free From Violence Is A Basic Human Right Essay1475 Words   |  6 PagesLiving free from violence is a basic human right, yet millions of women and girls suffer disproportionately from violence both in peace and in war, at the hands of the state, in the home and community. Across the globe, women are beaten, raped, mutilated, and killed with impunity. Violence against women is a technical term used to collectively refer to violent acts that are primarily or exclusively committed against women. Similar to a hate crime, this type of violence targets a specific group withRead MoreEssay about Indigenous Identities1372 Words   |  6 Pagescultures, and rituals, they all differentiate one person from the other making up one’s own identity. This identity makes up who one is inside and out, their behaviour, actions, and words comes from their own practices and values. However, the profound history of Indigenous people raises question in the present about their identities. Who are they really? Do we as the non-native people judge them from the outside or the inside? Regardless of whether the society or the government were involved in their livesRead MoreWhy Do Some Groups Have The Status That They Do?1230 Words   |  5 PagesWhy do some groups have the status that they do? On this planet, Revolutions have played a vital role in shaping the people, and for this reason, there have been countless changes. However, when analyzing the American Revolution, it brought little to no reform for African Americans, Native Americans, and women. Of the three, women would receive the biggest increase in status, followed by African Americans, and Native Americans would slip in rank. These groups would acquire some modification withRead MoreWomen s Rights Of Aboriginal Women1204 Words   |  5 PagesHowever an Indian status man could marry whomever he chose, and maintain all his rights. Through this legislation Aboriginal women were devalued with the intended result of undermining their status, preventing them from passing on status to their own children and effectively making them property of their husbands and fathers (cite) The government’s introduction of reserve land, in regards to status and non-status Indians and who could reside there drastically affected Aboriginal women with disastrousRead MoreThe Horrific Treatment Of Aboriginal Women Essay1619 Words   |  7 PagesIn Canadian histories classes, the birth of Canada as a country is taught as a glorious experience for Europeans. What is not taught, however, is the mistreatment of Aboriginal peoples who retreated here for many years prior to the Europeans. This mistreatment was especially hurtful to women of aboriginal cultures. This essay will discuss the horrific treatment of Aboriginal women by removing their statuses and rights as Aboriginal peoples. It will discuss ways in which colonists took away theirRead MoreDiscuss Key Aspects Of Indigenous Thought Throughout The Lectures And Work Of Horn Miller And Frideres1694 Words   |  7 Pagesnature of ways of knowing. For example, the word â€Å"chair† in Mohawk translates literall y to English as â€Å"the thing you sit upon†. The Mohawk word for â€Å"history† translates to â€Å"making it alive in the minds of the people†. Indigenous languages express the relationship between things and are driven by verbs, as seen in the literal translation of â€Å"history†. (Horn-Miller, Week 3). In the Richard Hill video â€Å"What is Indigenous Knowledge,† Hill explains how even rocks and trees are holders of knowledge. HumansRead MoreFur Trade1338 Words   |  6 Pagessignificant part of Canadian history, and the role of the native females during the fur-trade. The fur trade was a significant part of Canadian history. With the founding of the Hudsons Bay and Northwest Company during the1670s, the fur trade managed growth and development all the way into Western Canada until 1870. The fur trade was unique, for it was the only industry that was based on an exchange of goods between two very different groups of people (namely, the Indians and the Europeans). Although

Monday, May 11, 2020

A Study On Obedience At Yale University - 963 Words

Milgram (1963) conducted a study on obedience which investigated the extent people would obey to commands that involved harming individuals. There were 40 male participants from New Haven and the surrounding communities that partook in this study of learning and memory, at Yale University, by responding to a newspaper advert. The age range was between 20 and 50; and the participants’ occupation was diverse, ranging from unskilled to professional. Participants were paid $4.50 for entering the laboratory. For each experiment there was one teacher (participant); one learner (an accomplice called Mr. Wallace pretending to be a participant); and one experimenter (an actor called Mr. Williams who wore a grey lab coat). The participant and accomplice were asked to draw slips of paper from a hat, which was rigged, therefore, allowing the accomplice to always be the learner and the participant to be the teacher. The learner was taken into a room in Yale Interaction Laboratory, where he was strapped to an electric chair with electrodes attached to his arms. The teacher and experimenter were taken into another room where there was a shock generator with 30 labelled voltage levels ranging from 15 to 450 volts. 15 volts was verbally designated to be Slight Shock, and 450 volts was verbally designated to be a danger-severe shock (XXX). The teacher was instructed to teach the learner a series of word pairs which would be used to test the learners’ memory. The teacher would then read oneShow MoreRelatedThe Milgram Experiment Essay1299 Words   |  6 PagesExperiment Stanley Milgram (1963) Experiment: Focusing on the conflict between obedience to authority and personal conscience. Investigate: Whether Germans were particularly obedient to authority figures as this was a common explanation for the Nazi killings in World War II. Milgram selected participants for his experiment by advertising for male participants to take part in a study of learning at Yale University.   The procedure was that the participant was paired with another person and theyRead MoreDescribe And Evaluate Psychological Research Into Obedience1246 Words   |  5 PagesDescribe evaluate psychological research into obedience Obedience is a compliance with an order, request, or law or submission to another’s authority (Oxforddictionaries, n.d). Stanley Milgram was an American social psychologist, known for his experiment on obedience. This was taken place in the 1960’s while he was completing his professorship at Yale University (wikipedia.org, 2015). Milgram’s (1963) study of obedience was a laboratory study to investigate how far people will go in obeyingRead Moreâ€Å"In 1961, Stanley Milgram, A Psychologist At Yale University,872 Words   |  4 Pagesâ€Å"In 1961, Stanley Milgram, a psychologist at Yale University, conducted an experiment on the conflict between obedience to authority and personal conscience. He examined the justifications for acts of genocide given by those accused at the World War II Nuremberg War Criminal trials. Their defense often was based on obedience,† and that they were just following orders from their superiors. The procedure was that the participant was paired with another person and they drew straws to find out who wouldRead MoreThe Perils of Obedience, by Stanley Milgram1499 Words   |  6 Pagesdirect orders? That is the question that Stanley Milgram, a psychologist at Yale University tested in the 1960’s. Most people would answer â€Å"no,† to imposing pain on innocent human beings but Milgram wanted to go further with his study. Writing and Reading across the Curriculum holds a shortened edition of Stanley Milgram’s â€Å"The Perils of Obedience,† where he displays an eye-opening experiment that tests the true obedience of people under authority figures. He observes that most people go against theirRead MoreThe Effect Of Obedience During The Holocaust1599 Words   |  7 PagesThe Effects of Obedience Often, researchers wonder why obedience has such a strong effect. Some researchers say that obedience is a conscious thing; however, some researchers also say that obedience comes from the fear of authority figures. What exactly does obedience and authority mean? Obedience is â€Å"compliance with that which is required by authority; subjection to rightful restraint or control.† (Obedience, 2003) Authority is â€Å"a legal or rightful power; a right to command or to act; powerRead MoreA Critique Of Stanley Milgram s The Perils Of Obedience 1064 Words   |  5 Pagesof Stanley Milgram’s: â€Å"The Perils of Obedience† Stanley Milgram’s article, â€Å"The Perils of Obedience,† first appeared in the December 1973 issue of Harper’s Magazine. In the article, Milgram, a psychologist at Yale University, presented the thesis that â€Å"Obedience is a deeply ingrained behavior tendency , indeed a potent impulse overriding training in ethics, sympathy and moral conduct .† To prove his point, Milgram conducted a series of experiments at Yale and in various countries in which an adultRead MoreBehavioral Study Of Obedience By Stanley Milgram1053 Words   |  5 Pages â€Å"Behavioral Study of Obedience† by Stanley Milgram (1963) Stanley Milgram Yale University Group 1: Wasis Ali, Christopher Okpala, Michelle Walden, Estefany Majano General Psychology 1010 Ms. Thompson Spring Semester, March 17, 2014 Introduction In 1961, The Journal of Abnormal and Social Psychology published an article by Stanley Milgram, a researcher at Yale University, and his study testing obedience towards political influence vs towards morals and values taught from an early ageRead MoreStanley Milgram s Theory Of Social Psychology1098 Words   |  5 PagesHarvard University and he was taught from a clever instructor Gordon Allport. At Harvard University he majored in social psychology which was mixed with a lot of social psychology, sociology, anthropology, and clinical psychology (Blass, 2004). After attending Harvard Milgram became an assistant teacher at Yale University. Furthermore, while Milgram was at Yale he did many psychological experiments. However one study that Milgram did that he received a lot of credit for was the study of obedienceRead MoreThe Theory Of Psychology And Psychology Essay971 Words   |  4 PagesPsychology is the scientific studies of the human mind, functions and their behavior Psychology primarily focus on those demonstrating behavior in certain given context, seeking to understand And explain thoughts, emotions and behaviors. Research psychologist studies exciting opportunities in psychology; it looks at various branches in the field of psychological research, for example in clinical psychology which includes both scientific research, focusing on the search for general principles, andRead MoreMilgrams Research on Obedience811 Words   |  4 PagesMilgrams research on obedience: how and why it can help student nurses The report aims to: Describe the main aspects of Milgrams study on Obedience Explain why and how this research can be used to help prepare student nurses for working on hospital wards Contribute to the understanding of some of the challenges nurses may face in their working practices Background Stanley Milgram, a psychologist from Yale University, conducted a series of experiments on obedience to explain some of the

Wednesday, May 6, 2020

West Caribbean Airways Flight Analysis Essay - 1659 Words

In the early hours of the morning on Tuesday, August 16th 2005, West Caribbean Airways Flight 708 was a West Caribbean Airways charter flight which crashed in a mountainous region of northwest Venezuela. With eight crew members and 152 passengers the McDonnell Douglas MD-80 departed Tocumen International Airport (PTY) in Panama City, Panama and headed to Martinique Aimà © Cà ©saire International Airport (FDF) in Fort-de-France, Martinique, France. After initially climbing to FL310, and subsequently to FL330 to level off, the Captain of the aircraft noticed the engines sounded abnormal. Reacting to sounds of the engines, the Captain began to take corrective actions to correct the problem, by starting a rapid descent as a precaution. The time from the initial radio call from the first officer declaring engine problems to the subsequent crash took only 9:00 minutes. This research paper will delve into the chain of mistakes that were made in order for this terrible accident to hav e occured. Background In 1998 the charter service West Caribbean Airways was started in Medellà ­n, Columbia by company founder Hassan Tannir. The organization focused flights primarily in Central America, part of the mainland of Colombia, and San Andrà ©s in the Caribbean. It operates largely domestic services, and its main base of operations are out of Olaya Herrera Airport (EOH), Medellà ­n. West Caribbean Airways began flight in 1999 with four Let L-410’s that supported flights betweenShow MoreRelatedFinancial Statement Analysis Of Jet Blue Airways Corporation Essay1137 Words   |  5 PagesFinancial Statement Analysis – Jet Blue Airways Corporation (JBLU) Summary of the Company Jet Blue Airways Corporation, a passenger transportation company that provides â€Å"93 destinations in 28 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 19 countries in the Caribbean and Latin America† (Yahoo Finance). Jet Blue Airways Corporation is based in Long Island City, New York. Financial Ratio Analysis After computing the current ratioRead MorePest Analysis: American Airlines1542 Words   |  7 Pagesï » ¿ Analysis of the Airline Industry Parameters of the Industry American Airlines is a subsidiary of AMR Corporation and one of the leading airlines in the U.S. It has two subsidiaries, that is American Eagle and American Connection. It is the second largest airline in the world based on revenues used in its operation, its size of fleet and miles covered in passenger transport. It has an extensive operation of both domestic and international flights in North America, Latin America, Europe, AsiaRead MoreEssay on Multinational Corporation: International Marketing Plan2319 Words   |  10 Pagesenvironment is also ever changing, and the marketer needs to compensate for changes in culture, politics, economics and technology. To assess the external factors that influence the organisation, the marketing department should execute a PESLTLE analysis, which is the acronym for: Ø Political Ø Economic Ø Social Ø Technical Ø Environmental Ø Legal Political Factors The political arena has a huge influence upon the regulation of businesses, and the spending power of consumers and otherRead MoreGhana Swot1392 Words   |  6 PagesGhana SWOT Analysis as a Potential Tourist Destination Todd Breen Applied Marketing Management MGT 541 September 06, 2012 I have read and understand the plagiarism policy as outlined in the syllabus and the sections in the Student Bulletin relating to the IWU Honesty/Cheating Policy. By affixing this statement to the title page of my paper, I certify that I have not cheated or plagiarized in the process of completing this assignment. If it is found that cheating and/or plagiarism did takeRead MoreThe Role Of Aviation Industry : A Developing Country Based On Agriculture And Oil Reserves3368 Words   |  14 PagesExecutive Summary The paper is on an analysis of role of aviation industry in Colombia and United Arab Emirates. Colombia is a developing country based on agriculture and oil reserves. In the past, they had many internal problems with guerillas, and cocaine smuggling. But, now Colombia is safer and has diversified there industries, and is mainly focusing on tourism and aviation. UAE on the other hand, is a fast developing nation with the second largest economy in the Middle East. They have majorRead MoreAirline Industry : Southwest Airlines1603 Words   |  7 Pagesbut their hold on consumers in an area rises tremendously. Also, it allows them to control the fare prices in regions where they are the majority. Southwest Airlines could lose consumers to some of these mega companies because they may offer more flight times on certain routes. Consumers may be willing to pay more if times work better for them. However, these mergers could be detrimental because consumers like to have options and the price s they offer may be too high. The strategies being offeredRead MoreVirgin Atlantic Strategy5661 Words   |  23 PagesLAW School of Management MSc Programmes Module Leader: Dr. Laura A. Costanzo Academic Year: 2010-2011 |Industry |European Airline Industry | |Company |Virgin Atlantic Airways | STRATEGY MODULE COURSEWORK |Student URN |MSc Programme |Surname First Name | |6098320 |Management Information SystemsRead MoreSkywest Case Study5493 Words   |  22 PagesBrandon Cisco 15 March 2013 GBA 490 Case Analysis SkyWest, Inc. Competitive Analysis Table of Contents 1. Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...3 2. Competitive Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5 3. Recommendations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7 4. Appendix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...9 5. Sources†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦22 Executive Summary This report examines the factors pertaining to SkyWest, Inc. (referred to in this document as SkyWest)Read MoreAirline and Virgin Atlantic Airways9278 Words   |  38 Pages1. Compare and contrast Virgin Atlantic Airway s strategic development with any other (non-virgin) airline. According to   (1980), firms are under great pressure to have modern plans to be competitive and should have adequate capability to achieve their target market share. Virgin Atlantic Airways is among the most successful business ventures of the Virgin empire owned by Richard Branson. 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Nuclear-powered submarines Free Essays

The war which the world feared upon never happened, the Cold War. United States of America and the Soviets are preparing for this battle as who among these super powers will really dominate the world. As a means of preparation they are to dominate the seas, especially the under sea navigational fleet, the Submarines. We will write a custom essay sample on Nuclear-powered submarines or any similar topic only for you Order Now American leaders as a means of preparing for battle put their trust and confidence in their submarine force. Empowered by their own power plants these nuclear submarines are to dominate the seas with unbelievable sophistication and with weapons of incredible destructive power. The idea of submarine came from the Germans who were the ones who pioneered in the creation of the vessel during World War II (Weir, 1998). The US Navy has envisioned that submarines of the future would go deeper and move much faster. Thus as the years passed, the nuclear submarine was created. Under the US military force, the main mission of the first known SSBNs or â€Å"Ship Submersible Ballistic Nuclear† was for the prevention of war to happen. They are to be deployed to strategic sites for them to guard and thus to prevent war   (Weir, 1998). Because of their relentless power, as the nuclear is used to propel them, they have the capability to submerge and circumnavigate the world with fewer expenses. They can submerge for number of days to avoid detection and can easily guard strategic sites as their main mission. They are considered as the guardians of a possible nuclear war. According to David Munns in his book, the greatest advantage so that submarines, armed with ballistic missiles, can release its relentless power is that they have to be close to the shore. This idea was the main basis for the development of the undersea military force of both United States and the Soviet Union. Throughout the 45-year Cold War both countries developed submarines, especially nuclear powered, to gain intelligence or for espionage, due to its stealth power, and to attack and destroy any possible enemy surface ships. Its powerful ballistic missiles have the ability to attack ground or land based targets. Both countries develop such powerful undersea fleet and were considered as the most potent nuclear threat for both of them. (Munns, 2004) The main idea was that to counter this powerful surface warships and nuclear propelled missile cruisers and aircraft carries they have to develop more powerful underground fleet (Munns, 2004). With the development of the nuclear power, the first ship that was ever built by the Americans that went to sea is the USS Nautilus. It went to sea on January of 1955. It is propelled by pressurized-water nuclear reactor plant. This firs submarine built by the Americans sets the new standard for submarines (Huchtausen, 2002). The Russians on the other hand, built their first submarine which went to sea on a much later date. The K-3 or also known as Leninsky Komosol, it is a part of the November class of attack submarines only went to sea only on 1958. This submarine was the first Soviet sub who have reached the North pole, only in 1962, which the United States first sub USS Nautilus have already done four years earlier. The November class submrines however had serious problems one example was the accident happened in 1968 of its K-27 due to a radioactive gas lead which killed 9 people (Huchthausen, 2002). The next Class of submarines that was built by the Americans was the Skipjack Class Submarines. Built in 1959, this attack submarine was the first to combine nuclear power which has extraordinary speed. This is more hydronamic which has a new teardrop hull design. All other US submarines that was created was based on this design. The known accident that happened for this class of submarine was on May 21, 1968 when the USS Skipjack Scorpion was lost in the sea and was nowhere to be found even due to extensive military search. All the 99 people aboard the submarine also lost their lives (Compton-Hall, 1999). The Soviet built the Hotel-class submarines on 1960. This is the first Soviet Nuclear subs which carries with it ballistic missiles. The design of the November Class is much similar to that of the November class, but with much larger compartment to accommodate the ballistic missiles (Compton-Hall, 1999). On the same year the Skipjack Class was created, the US Military built the USS George Washington Class. Built and deployed on 1959, this submarine was the first Nuclear Ballistic missile submarine which was created. The main idea for this ballistic missile submarines was that it would attack land-based targets with its nuclear weapons. They are to be deployed near shore targets so that their long range missiles can easily hit their targets. The Soviets then build the Victor Class submarines in 1967. Their design was to attack enemy submarines and to protect surface ships of the Soviets. The new teardrop hull enabled the Victor Class to attain higher speed. The Soviets however abandoned the construction of the second Victor submarine design after learning through spy information that the NATO forces could easily track them (Compton-Hall, 1999). Due to this, the Soviets created the Victor III submarine. The Americans on 1961 built the Thresher Class attack submarines. This submarine is much stronger, much faster, and can dive much deeper. It is also designed to be quieter than the Skipjack Class, the materials used in this class have more streaming improvements. The name was however changed from Thresher Class to Permit Class when the submarine Thresher sank in New England in 1963 killing all 129 crew (Huchtausen, 2002). In 1967, the Soviets created the Yankee Class submarines. This is the first Submarine that has the same firepower as that of the US submarines. This is much quieter than the Hotel Class due to a new hull shape, a new propeller design, and exterior sound-deadening coatings which is much harder to track. Several modifications were also made on this class, with its big design it was enabled to carry miniature submarines. On 1976, the Americans built and deployed the Los Angeles class. This class had 62 vessels built and is considered as the world’s largest nuclear-propelled submarine. This class was designed to primarily protect carriers and other enemy submarine. The purpose of this submarine was the same as that of the Soviet’s Victor Class. This submarine however was much more powerful than the Victor class because of its capability to do other special missions such as deployment of Special Forces on the ground and attacking larger targets. The Los Angeles class was also improved for better ice operations on the North and South Pole (Compton-Hall, 1999). The next class built by the Soviet and one of the last Class is the Typhoon class submarine. During its time, in 1981, it was considered as the world’s largest attack submarine. This improved design which is much quieter compared to its size. This submarine is also more maneuverable even if it is huge. The design of this submarine is much more complicated due to the existence of two pressure hulls which is parallel with each other and a third hull which is on top of them. This design increases its width and had simplified internal arrangements. Being part of a cooperative arms reduction program of the former Soviet states, six of the Typhoon class was dismantled in 2003 (Compton-Hall, 1999). The Ohio-class submarine is the last among the long line of designs of the ballistic-missile submarine fleet of US.   It replaced the old 1960s version and was larger and more capable than its precedents.   These subs can carry more and longer-range weapons, operate more quietly, and dive deeper (Compton-Hall, 1999).   Russia, on the other hand, designed the contemporary of Ohio, the Oscar submarines.   These are Russia’s largest and most advanced and are still active submarines.   Designed to attack U.S. aircraft carrier battle groups, it carries three times as many antiship cruise missiles than its predecessors (Compton-Hall, 1999). Norman Polmar and K.J. Moore, were two naval officials under the US Armed Forces who were interviewed by Munns in his book. They said that â€Å"the United States and the Soviet Union put to sea a combined total of 936 submarines, of which 401 were nuclear propelled,† during the whole Cold war from 1945-1991 (Munns, 2004). The Soviet Union was the one who is aggressive in the development of submarines. This development still continues until after the 1970’s where research and effort to make the vessels more powerful were developed. From the mid-1940s until early 1990s, Cold War was a period of conflict and competition between two superpowers, the United States and the Soviet Union.   It was also a period of great technological advancements in the military with no less than the development of nuclear submarines.   Faster, quieter and deadlier weapons were developed. It was also this same period which placed the entire world on edge. And knowing the potentials of these weapons, the war that never happened also brought unparalleled relief to mankind. WORKS CITED: Compton-Hall, Richard. The Submarine Pioneers. Sutton Publishing, 1999. Huchthausen, Peter. K-19: The Widowmaker—The Secret Story of the Soviet Nuclear Submarine. National Geographic Books, 2002. Munns, David W. Sea Power. May 2004. Retrieved at http://findarticles.com/?noadc=1 Polmar, Norman and Moore,K.J. COLD WAR SUBMARINES: The Design and Construction of U.S. and Soviet Submarines.   Dulles, Va.: Brassey’s, March 2004. 336 pp. Weir, Gary E. Deep Ocean, Cold War. Washington: Brassey’s, 1998. Evolution of Subs: U.S. and Soviet Submarine Milestones of the Cold War. National Geographic. ; http://www.nationalgeographic.com/k19/evolution_main.html; ;http://www.navy.mil/navydata/cno/n87/usw/issue_7/deepocean.htm; How to cite Nuclear-powered submarines, Essay examples

Foundations in Accounting Pros and Cons for investors

Question: Discuss about the Foundations in Accounting for Pros and Cons for investors . Answer: Introduction The following assignment report is based on the two companies of Australia, Westpac Banking Corporation and BP Australia Limited presenting the understanding the conceptual framework for reporting organizations within the Australia. The report provides the explanation and requirements of Australian Accounting Standards Board (AASB) 1053 and Statement of Accounting Concepts (SAC) 1 for the selected companies. Further, the assignments focus on the identification of categories of assets, reporting values and impairment or depreciation charges according to the AASB 116, 138 and 136 (Zhuang, 2016). The report presents the assets according to the specific categories line current assets, non-current assets, intangible assets, and their respective reported values (Linnenluecke et al., 2015). In the last part of the report, discussion and arguments have been provided on the adoption of International Financial Reporting Standards (IFRS) within Australia. The discussion has been supported with necessary advantages and disadvantages as well as the explanations given by peer- reviewers. Discussion 1: The conceptual framework presents a number of requirements for Financial Reporting that helps the Board of International Accounting Standards based on the concept of consistency. It also assists the accounting preparers to develop the consistency of accounting policies and helps the users of the accounting information in understanding and interpreting the standards of accounting. A reporting entity in Australia has to follow the conceptual framework requirements laid by the Australian Accounting Standards Board to present its financial statements for the use of the stakeholders (Hughes-Morley et al., 2015). A reporting entity qualifies to be reported under the accounting principles and standards of Australia if the financial information has the capability of providing useful information to the users. The users can be potential ordinary shareholders for investment, banks to provide loans or resources and government for considering tax and duties. In addition, if one company has the controlling power on another company to direct the business activities, then such company falls under the category of reporting entity (Newberry, 2015). However, AASB 1053 provides certain application of Tiers to different categories of reporting companies for preparing the financial statements. This standard applies to the organizations having annual reporting period beginning on or after 1st July, 2013. However, an entity is also required to report as per the AASB 1053 if its annual reporting period starts between the years 2009 to 30th June 2013 (Bridgett et al., 2015). In case of the selected companies, Westpac Group and BP Australia both are eligible to be reported according to the Australian Accounting Standards Board and Statement of Accounting Concepts. Both the companies have annual reporting period between 2009 to 30 June 2013 as well as the financial information has the potential to provide necessary information to the users. In case of Westpac Group, the performance highlights of the year 2015 shows a rise in net profit by 6% amounting to $8,012 million. Other than that, cash earnings show a rise of 3% amounting to $7,820 million while payment of dividends gone up by 3% and returns by 15.8% (Personal, Business and Corporate Banking, 2016). Whereas in case of BP Australia, whose objective is to create long-term values for its shareholders. Though the company incurred a loss of approximately $6.5 billion compared to the net profit of the year $3.8 billion in the year 2014. The loss was mainly due to the loss in replacement of assets amounting to $5.2 billion. The company is required to report as per the AASB 1053 even if it incurred losses so that the users of the financial statements can get the correct information (BP, P, 2016). Therefore, both the companies are required to report their financial statements with compliance to the Australian accounting standards and principles that regulates the conceptual framework to record and measure the accounting data (Drew, Kortt Dollery, 2015). As the standard requires an entity to represent its financial statements, it consists of two tiers to report the financial information. Tier 1 requires complete disclosure while Tier 2 requires reduced disclosures of accounting information. Both the companies fall under Tier 1 reporting that incorporates IFRS and are specific for Australian entities (Bond, Govendir Wells, 2016). 2: Australian Accounting Standards Board 116 regulates the recognition of property, plant and equipment. As per the standard, an asset is to be recorded if there is any future economic benefit associated with the asset that will flow to the company. In addition, the value of the asset is eligible to be measured reliably. Further, AASB 138 on Intangible assets states the same condition to recognize and measure the value of impaired assets (Chalmers, Clinch Godfrey, 2012). The cost of intangible assets should be recorded at the purchased value reduced by the proportional amount of amortization (Cheung, Evans Wright, 2012). AASB 136 on Impairment of assets requires that the assets of the organizations are not carried out in the financial statements more than their recoverable value (Bond, Govendir Wells, 2016). The identification of impairment of assets depends on the external as well as the internal sources of the company (Yao, Percy Hu, 2015). In case of Westpac Group, the financial statement shows the different categories of assets, their values and other necessary information. The presentation reflects the financial status of the company with respect to the holding of assets at the end of the accounting year 2015 (Finch, 2012). Reported assets and their values of Westpac Group Amount A$m Consolidated Parent Current Assets Cash and bank balances with central banks 14,770.00 13,372.00 Receivables due from other financial institutions 9,583.00 8,741.00 Derivative financial instruments 48,173.00 47,540.00 Trading securities and financial assets designated at fair value and available-for-sale securities 27,454.00 24,896.00 Available-for-sale securities 54,833.00 50,344.00 Due from subsidiaries 145,560.00 Investments in subsidiaries 4,585.00 Investments in associates 756.00 - Non- Current Assets Loans 623,316.00 546,075.00 Life insurance assets 13,125.00 - Regulatory deposits with central banks overseas 1,309.00 1,152.00 Property and equipment- Fixed Assets 1,592.00 1,354.00 Deferred tax assets 1,377.00 1,463.00 Other assets 4,294.00 3,294.00 Goodwill and other intangible assets 11,574.00 9,180.00 Impairment charges (753.00) (622.00) Amortization and impairment of software assets (1,051.00) (927.00) Amortization and impairment of intangible assets and deferred expenditure (221.00) (207.00) Impairment on investments in subsidiaries - (19.00) Depreciation of property and equipment (229.00) (190.00) Depreciation and impairment of IT equipment (170.00) (152.00) Table 1: Reported assets and their values of Westpac Group (Source: Personal, Business and Corporate Banking, 2016) Reported assets of BP Australia as per the financial statements 2015 Reported assets and their values BP Group Group Amount A$m Current Assets Cash and cash equivalents 26,389.00 Loans 272.00 Inventories 14,142.00 Trade and other receivables 22,323.00 Derivative financial instruments 4,242.00 Prepayments 1,838.00 Current tax receivable 599.00 Other investments 219.00 Non- Current Assets Property, plant and equipment 129,758.00 Goodwill 11,627.00 Intangible assets 18,660.00 Investments in joint ventures 8,412.00 Investments in associates 9,422.00 Other investments 1,002.00 Fixed assets 178,881.00 Loans 529.00 Trade and other receivables 2,216.00 Derivative financial instruments 4,409.00 Prepayments 1,003.00 Deferred tax assets 1,545.00 Defined benefit pension plan surpluses 2,647.00 Depreciation, depletion and amortization (15,219.00) Impairment and losses on sale of businesses and fixed assets (1,909.00) Table 2: Reported assets of BP Australia (Source: BP, P, 2016) The carrying costs of assets of both the companies were according to the principles of AASB 136 while the costs of intangible assets were according to AASB 138. The depreciation on fixed assets of Westpac has been provided as per the principles and standards of Australian Accounting at straight-line method (Personal, Business and Corporate Banking, 2016). The depreciation of assets of BP Group has been provided at written down value method (BP, P, 2016). Further, the Intangible assets of both the Australian companies have been amortized in the proportion of number of years in compliance with AASB 138. 3: International Financial Reporting Standards (IFRS) are a set of principles and standards that regulates the recognition and measurement of company account. IFRS has been designed to record the accounting information to make it understandable and comparable across the international boundaries. In recent years, many nations are adopting the IFRS to regulate the accounting records and recognition to have standardized and equalized financial information across the globe (Christensen et al. 2015). Replacement of IFRS with different national standards of accounting arises the change in valuation and recognition of assets, liabilities, capital structure, equities and other financial elements. IFRS provides the rules and principles to recognize the business transactions in a concise manner that is regulated worldwide (Ramanna Sletten, 2009). To present the accounting information globally accepted and understandable, Australia has adopted International Financial Reporting Standards. It states the accounting principles and methods to recognize the business transactions to harmonize the presentation of financial information across international boundaries. Australia has acquired International Financial Reporting Standards for all the reporting organizations to present their financial reports in the manner specified by the Standard. The Board of Australian Accounting has adopted the IFRS since the accounting year 1st January 2005 (Ball, Li Shivakumar, 2015). Since Australia has two Tiers of reporting essentials to prepare and present the financial statements, application of International Financial Reporting Standards had been incorporated to Tier 1 reporting requirements. Tier 1 reporting is presented as per the Australian Accounting Standards while Tier 2 reporting requires reduced disclosures under Australian Accounting S tandards. According to the regulations of Australian Accounting, entities that are profit making in the private sector having accountability are required to report under Tier 1. In addition, corporations under Australian State, Territory or local Government also require to report the accounting information under Tier 1 (Ball, 2006). The European Union had mandated the adoption of International Financial Reporting Standards for all the listed companies under the International Accounting Standards Board. By acquiring the IFRS growth in foreign capital and trades are expected in consideration with the economic benefits. Foreign capital would be considered as the ratio between direct investment inflows to Gross Domestic Product and equity portfolio related to foreign exchange transactions. International Financial Reporting Standards provides the principles to recognize the necessary transactions, measure the value of investment, and return on investment that are accepted across the International boundaries (Loureno, Branco Castelo, 2015). Decision to adapt the International Financial Reporting Standards for recording accounting information to make the financial reports uniform and acceptable across the globe serves some benefits to Australia. Maintaining the accounting statements according to IFRS helps in attracting the capital inflow in Australia at lower cost i.e. the cost of capital employment would be lower (Cascino Gassen, 2015). Another benefit of adopting IFRS in Australia is lowering the costs for account preparers, cost of auditing and cost for the users of financial statements of the organizations. Preparing accounting records as per International Financial Reporting Standards also fills certain space in Generally Accepted Accounting Principles in Australia (Loureno, Branco Castelo, 2015). International Financial Reporting Standards requires changes in the methods of measuring financial elements like valuation of Earnings per share for the ordinary shareholders, capital ratios, values of fixed assets and depreciation charges. It also specifies the rules to valuation and recognition of goodwill, mergers and acquisitions, inventory valuation, cost of borrowings, cash flow statements and impairment of assets. Many entities operate and invest in other companies as a parent or holding company within the nation or outside the nation (Mardini, Crawford Power, 2015). In this respect, it is necessary to present the financial statement in uniform manner that reflects harmonized presentation to make it understandable for the users across the world. Apart from that, IFRS presents the principles to make required disclosures specific to the components of finance (Ramanna Sletten, 2009). Therefore, the selected companies Westpac Group and BP Group have adopted IFRS to prepare their financial statements. Both the companies have evaluated and measure different accounting components like capital expenditures, Earning Per shares (basic and diluted), depreciation charges, amortization expenses, goodwill valuation, replacement costs and other relevant data. While, the respective reported values of assets and methods used for computing depreciation charges have already been mentioned in the previous part of discussion (Ramanna Sletten, 2009). However, there are some disadvantages on adopting International Financial Reporting Standards by Australian Accounting Boards. The primary disadvantages of acquiring the accounting systems are per IFRS are involvement of high cost of changes. Most of the multinational companies employ upgraded and advanced accounting software to maintain their books of accounts are required to change the entire internal system of recording the business transaction as per IFRS. Such change of software and other internal requirements incorporates huge expenditure to make it compatible for the users. Other than the high cost structure, IFRS requires critical understanding of the concepts of objectives, scope, definition, transaction recognition criteria and disclosure requirements. In order to be acquainted with the principles and rules of IFRS the account prepares have to study and update their knowledge, which is time-consuming. Certain issues like extraordinary gains or losses are not allowed to reco gnize according to International Financial Reporting Standards. Hence, the critical understanding of these issues requires sound and fundamental knowledge and competency about the concept and content of various standards (Ball, 2006). Besides the disadvantages, maintaining the accounting records according to International Financial Reporting Standards reflects many advantages. One of the significant benefits is to favor the investors by providing the financial statements more accurately, timely and in a comprehensive manner. Accounting reports according to IFRS provides clear understanding and more information about the organizations performance and financial status. Another essential benefit of application of International Financial Reporting Standards for preparing the accounting records is immediate recognition of loss. This recognition provides advantage to the investors for the purpose of investments and other stakeholders to make better and corrective business decisions. Recognition of accounting data under IFRS sheds transparency and effectiveness to the users of the financial reports for investment, procuring or providing loans and advances and any other necessary business deals (Ball, 2006). Another benefit of adopting IFRS is the comparability of the financial statements for the companies as well as for the users. Many entities prepare consolidated accounting statements apart from the standalone accounting statement as per the requirements of Accounting Boards. Therefore, preparation of financial statements under IFRS provides improved comparability for the investors, business management and other stakeholders of the companies. Such comparability provides better understanding of the companys financial position and performance during the accounting year with respect to the financial markets of the current economy (Ball, 2006). Conclusion The above report has been presented on different elements and concepts of accounting information within Australia based on the financial information of two Australian companies. The report in the first part focuses on the requirements of AASB 1053 and SAC 1 for the reporting entities for recording the accounting transactions and preparing financial statements. The standards state the necessity to maintain the books of accounts as per the principles and standards of International Accounting Standards under Tier 1 and Tier 2 requirements. Both the selected companies qualify as reporting entities because they are profit-making organizations having public accountability. In the second part of the report, assets of both the companies have been categorized and respective reporting values have been mentioned. The categorization has been done according to the AASB 116, 138 and 136 that presents the principles and rules to recognize plant, property and equipment, intangible assets and impairment of assets respectively. Last part of the report represents the discussions and arguments on acquiring accounting records as per IFRS by Australia. The standard has been adopted to present and prepare the financial reports of the Australian company in transparent, accurate and comprehensive manner. The discussion also presents the advantages and disadvantages of adopting IFRS in accounting system. However, adoption of IFRS is time-consuming and involves huge costs it provides advantages for investors and stakeholders reflecting better comparability and transparency in understanding the financial statements for the users. Reference List Ball, R. (2006). 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