Tuesday, May 12, 2020
Love In Short Story - 1030 Words
Love is a strong emotion experienced by people across all spectrums of life everyday. Love comes naturally to human nature, whether it be the platonic love of family and friends or the romantic love of your partner. Historically, the importance of love to all people is evidenced by the fact that it is a common theme throughout all forms of literature and storytelling. In fairy tale books, the main characters overcome their own obstacles in the face of true love. This is also true of several ballads, folklore, fables, and short stories. The short stories ââ¬Å"The Gift of the Magiâ⬠by O. Henry, ââ¬Å"The Necklaceâ⬠by Guy de Maupassant, and ââ¬Å" Rules of the Gameâ⬠by Amy Tan, are about the main characters going through hard times of their own andâ⬠¦show more contentâ⬠¦And now suppose you put the chops on.ââ¬â¢Ã¢â¬ However, Della no longer had her long hair and therefore had no use for hair combs. This proves how Jim and Della both love eachother so much that they would give up their prized possessions to get the other a present for Christmas day. Since love had taken control of their money problems, they both see how strong they both feel for eachother. Furthermore, the short story ââ¬Å"The Necklaceâ⬠also portrays the theme of love overpowering all. The main character, Madame Loisel, finds herself getting caught up in looking stunning for the party that her husband did everything he could to get in which to get invited.. Although, Madame and Monsieur Loisel werenââ¬â¢t poor, Monsieur Loisel bought his wife everything she wanted to look her absolute best at the party, because she had said they she wouldnââ¬â¢t go looking underrated. In speaking to his wife, Monsieur Loisel states, ââ¬Å" All right. Iââ¬â¢ll give you four hundred francs.â⬠Even though Monsieur Loisels wife is being needy and manipulating her husband to get her new attire that is expensive, he still wants her to to be happy and gives in to her.. Monsieur loves his wife so much that he had spent his money on all the things that would make her feel good about herself, even if he didnââ¬â¢t think he should be spending that much money. In addition, at the end of the party, Madame Loisel loses the diamond necklace she had borrowed from aShow MoreRelatedShort Story on Love Relationship Essay1205 Words à |à 5 PagesI can spot his mistake. Previously, he would confess to being wrong before anyone could tell. Now she is making him so happy he forgets to notice his own faults. She shows him the features she loves, and he must believe her, because he loves her more than he could ever hate himself. So now he is happy, he is loved. He no longer dwells on what hes done, but rather what he does. So he puts all he is into being everything she needs and wants. Now she is the only thing he cares about. Yes, he is happyRead MoreWhen We Talk About Love Short Story1459 Words à |à 6 Pagesoneââ¬â¢s affection towards another pe rson, yet it is still difficult to convey the true meaning of love. The short story ââ¬Å"What We Talk About When We Talk About Loveâ⬠by Raymond Carver signifies through sharing vastly different experiences, that language is inadequate in communicating a clear definition of love. Each of the four characters in the short story explain to the group their own meaning of love while striving to come to a coherent conclusion. The first experience brought upon to the conversationRead MoreAnalysis of Russell Banks Short Story, Sarah Cole: A Type of Love Story1421 Words à |à 6 PagesStab in the Heart A stab in the heart by oneââ¬â¢s own hopes is truly the cruelest way to leave this world. Sadly, that is exactly what happen to Sarah Cole in Russell Banksââ¬â¢ short story entitled, ââ¬Å"Sarah Cole: A Type of Love Story.â⬠The man who dated Sarah for a short period of time tells the tale. He calls himself Ron, for Ron could have been him, but he doesnââ¬â¢t want to say who he is for fear of looking cruel. He wants to believe what he did was right when he left her. They both didnââ¬â¢tRead More Using Love to Justify Sex in A Very Short Story Essay1121 Words à |à 5 PagesUsing Love to Justify Sex in A Very Short Story à At first glance unusually normal, at second glance unusually striking, the title A Very Short Story reveals Hemingways perception of a perhaps unforgotten war experience. Man went to war. He met woman. They spent many nights together. They considered marriage. He went home without her. She moved on. He moved on. The end. The story, the relation of events, is indeed short. This is not eternal spiritual love; instead, this is the animalisticRead MoreEssay about Cant Buy Me Love/3 Short Stories (check This Out)1229 Words à |à 5 Pages Canââ¬â¢t Buy Me Love nbsp;nbsp;nbsp;nbsp;nbsp;The depression was an era of extremes. A person was more than likely extremely poor, or in the lucky upper 1% that was extremely wealthy. The middle class was virtually not existent. All of these income groups, including those characterized in our three stories, wanted money because it supposedly brought happiness, but were actually struggling to cling to the intangible, unreachable feeling of love. nbsp;nbsp;nbsp;nbsp;nbsp;If money leadsRead MoreThe Role of the Antagonists in the Short Stories Where Have You Been, Where are You Going and Love in LA716 Words à |à 3 PagesLike all great stories throughout time, a compelling villain is the key to making a story worthwhile. In short stories like, ââ¬Å"Where have you been, where are you going,â⬠and, ââ¬Å"Love in LA,â⬠a though provoking antagonist was used by the authors to really give the stories some depth. The antagonist of, ââ¬Å"Where have you beenâ⬠¦Ã¢â¬ Arnold Friend takes on the persona of temptation to the protagonist Connie and really emphasizes the theme of be careful what you wish for. Connie was a young girl who repeatedlyRead MoreExploring Carvers Short Story, What We Talk About When We Talk About Love1512 Words à |à 7 PagesWhat is Love? Does anyone really know the meaning of the word? Does it have a different meaning to different people? These are the questions that Carverââ¬â¢s four c haracters ponder over heavily flowing gin and deep conversation in the short story, ââ¬Å"What We Talk about When We Talk about Love.â⬠Carver characters discuss and debate the meaning of love throughout the story. I will explain what the different characters feel about love. The author shows there are different types of love and different levelsRead MoreShort Story : Love You Forever From My Favourite Childhood Book By Robert Munsch1226 Words à |à 5 PagesAfter a while of drinking and getting settled, the host of the bar finally calls me up for my performance. I get up, straighten my jacket groggily, due to my one too many drinks, and headed up towards the stage. I begin to immediately sing the song ââ¬Å"Love You Foreverâ⬠from my favourite childhood book by Robert Munsch. I would have sung something better, but the fact was that I was drunk and tired and sick of work. Besides, no one really seemed to care, because they were drunk as hell. And so my nightRead MoreThe Bear Came Over The Mountain By Alice Munro Essay1321 Words à |à 6 PagesLove exists in the short story ââ¬Å"The Bear Came Over the Mountainâ⬠by Alice Munro and in the short story ââ¬Å"What We Talk About When We Talk About Loveâ⬠by Raymond Carver. in Munroââ¬â¢s short story the plot is that of a mentally ill wife, Fiona, who falls in love with another patient while her husband still tries to hang on to their old love. Her husband eventually wants to have an affair with the wife of the man his wife is having an affair with. Their love changed because of their circumstances due toRead MoreLondon s Personal Experience Of The Alaskan Gold Rush1606 Words à |à 7 Pagespersonal experience of the Alaskan Gold Rush is clearly shown in two short stories he wrote about the event, ââ¬Å"Love of Lifeâ⬠and ââ¬Å"To Build a Fireâ⬠. These two short stories demonstr ate Londonââ¬â¢s vivid style through the use of figurative language, measurements, point of view, and tone; these stories and their themes about natureââ¬â¢s power over man are also clearly influenced by movements in literature. One of Jack London s short stories, To Build a Fire is about a man and a dog traveling in terribly
Wednesday, May 6, 2020
Productive and Counterproductive Behaviors Paper Free Essays
Productive and Counterproductive Behaviors in the Workplace Employees within an organization can either contribute positively or negatively towards their employing organizationââ¬â¢s overall success and effectiveness. The organizations that ream the most productive behaviors from their employees typically incorporate motivational and leadership activities that encourage these behaviors (Jex Britt, 2008). This paper will define counterproductive and productive behaviors and describe the impact those behaviors have on job performance and the overall performance of an organization. We will write a custom essay sample on Productive and Counterproductive Behaviors Paper or any similar topic only for you Order Now Counterproductive Behaviors Logic says that employees should want to do well in their jobs. But despite this logic, some employees do not. For various reasons employees will sometimes perform counterproductively towards their employerââ¬â¢s overall goals. Examples of these types of behaviors are ineffective job performance, frequent absence from work, unsafe behavior, turnover, theft, violence, substance abuse, and sexual harassment (Jex Britt, 2008). These types of behaviors can result in high costs for organizations.Detecting Counterproductive Behavior The best way employers can detect counterproductive behavior among employees is to perform routine performance appraisals. There are several methods for performing appraisals, including electronic, production data, and subjective appraisals. Each of these systems has pros and cons to it, and are only marginally effective (Jex Britt, 2008). The truly best way to detect counterproductive behavior is to interact with employees and monitor their job satisfaction. What Causes Counterproductive Behavior?An employee who does not perform well in his or her job may do so for reasons like lack of ability, interruptions from other employees, or poor task design (Jex Britt, 2008). As well, poor job performance may result from elements in the organizational climate that provoke poor attitude, or, much less often, because of deep psychiatric problems (Jex Britt, 2008). Once an employer detects a counterproductive behavior among his or her workforce he or she must try to pinpoint the cause of the behavior. One way of doing this is through the attribution process, in which the mployeeââ¬â¢s supervisor would evaluate an employeeââ¬â¢s current performance against his or her past performance, his or her performance on specific tasks versus his or her overall performance, and his or her performance compared to other employees. By doing this the supervisor can try to determine the cause of the ineffective behavior and whether it is being caused by internal (lack of ability or motivation, poor attitude, or psychiatric issues) or external (coworkers, poor task design, or lack of tools) factors (Jex Britt, 2008). Responding to Counterproductive BehaviorOnce a beh avior is detected and the cause of the behavior is analyzed, employers must decide how to respond to the behavior. The best first response is to have the employeeââ¬â¢s manger discuss the counterproductive behavior with the employee in question (Jex Britt, 2008) and determine whether the behavior can be corrected in order for the employee to retain his or her position. Once the discussion takes place the manager and employee can decide whether further training or coaching would encourage improved behavior or whether an Employee Assistance Program (EAP) would be beneficial (Jex Britt, 2008). Of course, organizations would be best off to prevent counterproductive behaviors from occurring at all. This can be done by going to the effort and expense of hiring the right employees, possibly by utilizing the tools of selection programs to analyze potential employees skills and personalities. As well, employers should nurture their employeesââ¬â¢ skills and abilities to encourage productive job performance. Finally, they should also offer employees frequent feedback and measurement of their performance to help keep them on track with respect to organizational expectations (Jex Britt, 2008).Productive Behaviors Despite the fact that some employees do not contribute positively to the organizations they work for, most employees try to perform their jobs to the best of their abilities and even go above and beyond their required duties at times. Examples of productive behaviors include positive job performance, organizational citizenship, creativity, and innovation (Jex Britt, 2 008). Assessing Productive Behaviors Organizational psychologists use various models to assess job performance. These models evaluate in-role (technical aspects of a given job) and extra-role (skills that transcend the specific content of a job such as communication skills and being a team player) performance by employees (Jex Britt, 2008). These assessments allow managers to recognize productive employees and encourage and motivate them to continue in their efforts. Predictors of Productive Behaviors There are several methods that organizations can use when recruiting employees to predict whether candidates will contribute positively to their organization.These include general cognitive ability, level of job experience, and the personality trait of conscientiousness (Jex Britt, 2008). By evaluating these predictors, organizations can save themselves time and money by hiring the right people who will contribute to organizational goals without excess coaching, training, or need for reprimand. The Affects of Counterproductive and Productive Behaviors Clearly an organization will be affected by the employees that support it. Employees that contribute positively will help the organization move towards its goals, and, if innovation and creativity are present, possibly even surpass their goals. On the other hand, employees who work counterproductively within an organization, will cost management time and may require additional effort to be spent on reputation management, recruitment, and training (Jex Britt, 2008). Organizations would be best served to recruit employees with the most potential to work productively by analyzing their job experience, personality, and cognitive ability before offering an individual a job.References Jex, S. M. , Britt, T. W. (2008). . Organizational Psychology. A Scientist-Practitioner Approach, Second Edition. Retrieved from https://ecampus. phoenix. edu/classroom/ic/classroom. aspx. 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Sunday, May 3, 2020
Ownership Concentration and Accuracy of Financial Reporting
Question: Discuss about the Ownership Concentration And Accuracy Of Financial Reporting ? Answer: Introduction Plato Limited is known for the quality of computers that they have been manufacturing. Recently, it is seen that sale of computers have reduced. The cash flow of Plato limited shoes that they have to improve in various areas so that they can regain the competitive position in the market and also grow further. The organization should, first and foremost, understand the importance of financial reporting so that they can improvise on the current reporting strategy that is used by the organization. The company will have to introduce monthly cash budget so that they can undertake immediate corrective actions rather than that of waiting for the ultimate time period when the situation gets out of control. Cash Flow statement The cash flow statement of Plato limited should be analysed by the management. The analysis will help the management to understand wherein they are currently making their investment and the areas wherein they need make further investment. The cash flow statement of Plato limited is as follows:- Cash flows from operating activities Amount in Net Income 430000 Depreciation and amortization 550000 Gain on sale of facility -150000 Increase in trade receivables -150 Decrease in inventories 80 Decrease in trade payables 30 Cash generated from operations 829960 Cash flows from investing activities Purchase of property, plant, and equipment 0 Proceeds from sale of equipment 0 Net cash used in investing activities 0 Cash flows from financing activities Proceeds from issue of common stock 0 Proceeds from issuance of long-term debt 0 Dividends paid 560000 Net cash used in financing activities 560000 Net increase in cash and cash equivalents 269960 Cash and cash equivalents at beginning of period 2015 4690 Cash and cash equivalents at end of period 2015 4350 Current strategy used by Plato Limited Looking at the cash flow statement, it is seen that there are certain areas wherein the organization needs to make some investments and some areas, they should make disinvestment. This will help the organization to grow further and also reduce the losses that they are currently making. Few of the investment decisions that would help the organization to grow further are discussed below. The deduction depreciation method which is used by the organization should be changed, so that the management have some little extra cash to spend. Currently, the organization charges the full years depreciation in the year of acquisition and this expensive. There are other depreciation methods which the organization can use so that the organization is not burdened with the depreciation cost. The organization can understand the life of the equipment, asset or facility and accordingly, the depreciation should be spread over a period of time. This will ensure that at any point of time, the organization is not burdened with excess cost of depreciation. The sale of equipments and other assets should be planned in advance so that the management doesnt have to sell the equipments at a very cheap price. If the life span of equipment is 7 years time then the organization should sell the equipment on completion of 5 years. This will ensure that the organization receives a better price for the equipment. In 5 years time, the organization can upgrade to existing technology with the sale of outdated equipments. The organization should reduce the inventory that they have with themselves as this is one of the best ways by which they can reduce the cost. The organization can have a tie-up with the supplier to supply the inventories, as and when required, rather than that of filling the inventory once in a month or quarterly. If the organization is having excess inventory with itself then there are very high possibilities that the inventory may not move. If the inventory doesnt move then the organizations money will be held up in inventory. Trade receivable should be reduced to the great extend so that bad debts and possibilities of bad debt can be reduced. The organization can set a time period of 45 days for the trade receivables so that the customers can pay the money in maximum of 45 days time. The trade receivables have been reduced from 570 in 2014 to 420 in 2015. This is a positive sign. The management and the sales executive in the team should ensure that the students should be motivated to opt for EMI. The organization can give an option of 3 months or 6 months EMI options rather than that one year or 18 months EMI options. The current investment and the cash and bank have reduced drastically in the year 2015, as compared to what it was in the 2014. This is not a positive sign for any business. The current investment for Plato Ltd in 2014 was 350 and in the year 2015, it was reduced to 20. Similarly, in the year 2014, the cash and bank was 620, which was reduced to just 10, in the year 2015. This is a negative sign for the growth and betterment of the business. The organization should reserve some cash and at the same time, they should also make some more current investments. This will help the business to survive in difficult times. The current liabilities of the organization should be reduced at the earliest so that the organization is not financially burdened. The trade payables has reduced from 320 to 290 in 2015 and this is a positive sign but the organization will have to put in more efforts to reduce it further. The bank loan taken should be paid off at the earliest. This will help the organization to make further investments. The bank loan in the year 2014 was 200 and it didnt reduce at all in the year 2015 so this is not a positive sign for any business. The tax liability of the organization has reduced in the year 2015 but the organization will not be in a position to do anything about this. The dividend paid by the organization to the investors is quite high and the organization need not pay such huge dividends when they are already in trouble. The organization will have to look for ways by which the dividends paid can be reduced. The retained earnings of Plato Limited are a positive sign that the organization has saved something for the betterment of the future of the organization. The organization should increase the retained earnings or they should look for ways by which the retained earnings can be used for the betterment of organization so that the organization can gain back its old position in the market. Lastly, if the organization thinks that they would require some money for the purpose of restructuring the business then they can think about issuing share capital so that the business can grow further with equipments (Garrett 2014). Accounting Business To The management of Plato Limited From The consultant Date March 31, 2016 Reference Importance of accounting This memo will take about the importance of accounting in business. Different types of financial reporting tools are available and each one has its own importance. Certain tools are mandatory while others can be used by business if the management wants to use it for convenient accounting. It is very important for a business to understand the importance of accounting so that they can put in equal efforts in accounting. Accounting is a way by which the financial data of the organization is collected and presented in a perfect format so that it can be easily understood by the stakeholders of business. The accounting reports are used by the tax authorities, creditors, and investors to analyze the current position of the organization. Asset management, fund raising and future investments are few of the common and important decisions that are undertaken by way of using the accounting reports. Balance sheet, cash flow statement, statement of retained earnings and income statement are few of the commonly used accounting reports in large organizations. Each report helps in monitoring the business. It is the responsibility of the management to analyze the accounting reports at regular intervals so that the business decisions can be controlled at the right time. A detailed analysis of the role of each of the accounting report is discussed below. Balance sheet will help the business owners to understand the assets, liabilities and also the owners equity of the organization. This accounting report will give a synopsis of the organizations current financial situation. This can be accessed by the management to understand the areas wherein they need to improve and the areas wherein they need to improve. If Plato Limited applies for loan from any financial institution then the financial institution will analyse the previous years balance sheet so that they can understand the financial situation of the business. The decision to lend or not is based on the soundness of the balance sheet (Tanyi 2015). Just like balance sheet, cash flow statement is also important for the business. With the help of cash flow statement, the decision makers can understand the current cash inflow and cash outflow of the business. It is the responsibility of every business unit to ensure that the cash inflow is more than that of the outflow. Plato Limited will have to look for ways by which the inflow can be increased and at the same time, the outflow should be reduced. The cash flow statement will help the decision makers to understand the solvency of the organization at any point of time. Plato limited will have increase the liquidity of the business so that they can make quick business decisions. Increase in liquidity would mean that the business is capable enough to pull in sufficient funds for the growth or expansion of the expansion. With regards to the assets, liabilities and owners equity, additional information will be provided by the cash flow statement. The organization can plan their future cash flows with the help of this accounting report. The organization can understand the funds that will flow into the business in the near future and also the funds that would move out of the business. Taking the cash inflows and outflows, the business decision should be taken (Barth 2015). Retaining earning accounting cant be ignored by business. Retained earnings are used by the organization to repay the debts that they have taken, to restructure the organization or some other investment which can save the organization from the financial crunch. The statement of retained earnings will help the decision makers of business to understand the change in the retained earnings over a period of time. Throughout the year, the organization will track the additions and subtractions from the retained earnings. This is used by the management to make any decision regarding the investment plans that they have. Similarly, this is also referred by the creditors when an organization requests for financial support. Plato Limited should ensure that the retained earnings are well maintained. This is a positive sign for the business. If there is a reduction in the retained earnings of the business then the investors and shareholders will be sceptical about making an investment in the organization. The creditors will also not be willing to lend money as they may assume that the financial position of the organization is very weak (Filip 2015). Income statement will help the organization to understand the income, gains, expenses or losses that they made during the reporting year. This is also called as the profit and loss statement of the organization. This statement is used by the lending institutions, banks, lenders and shareholders while they are planning to make an investment in the organization. The shareholders and the creditors will compare the year-on-year income statement of the organization to understand if the financial situation of the organization is improving. Income statement of the organization can be used for predicting the future performance of the organization. The last five years income statement can be analyzed to understand the revenue that would be generated by the organization in the upcoming years. The income and losses of the organization can be predicted with the help of income statement and hence, this helps the organization to understand the cash flow that will take place in the upcoming years (Jhunjhunwala 2014). Plato limited should analyse the last five years income statement so that they can understand the change in figures of various components. Accordingly, the management can make decisions so that the organization can look for ways by which they can reduce the amount that they spending on activities that arent yielding much results. The future investments that the organization will make should be dependent on the yields that they received in the past. Similarly, the organization will have to cut down on the losses that they expenses that are ultimately leading to losses (Whittington 2015). The financial reports of an organization are not only used by the internal decision makers but it is used by various external bodies for various purposes. Few of the bodies that commonly go through the financial statements of any organization are as follows: - The investors will try to understand the businesss behaviour before they make an investment in any business. They will thoroughly go through the financial reports of an organization and finally, they will make a sound decision on investment. The financial reports also help the investors to understand the fair activities and also the wrong activities that are undertaken by them (Hunton 2015). Common people also go through the financial statements to understand the various well being activities that are undertaken by the organization. This allows them to form a perception of the organization. This helps the organization to develop goodwill and reputation. If an organization is not accepted by the common people then their survival in the market would be difficult. The tax paid by the organization is verified based by the government officials by way of analysing the financial statements. The government agencies also track the various activities that are undertaken by the organization. They also try to understand of the organization is involved in legal practices alone so that the interests of the investors, shareholders and other stakeholders can be safeguarded by the business (Akbar 2015). It is very important for Plato limited to consider these accounting methods so that the organization can track its expenses and income effectively. In case of ignorance, the business may start to suffer huge losses. Recommendation for monthly cash budget Looking at the situation of Plato Limited, it can be said that the organization is really confused about the investment that they will have to make and the investments that they need to ignore. Monthly cash budget is one of the easiest ways by which the decision makers of the organization can be rest assured about the spending and savings that they need to undertake. Plato limited can start with monthly cash budget so that they can track the cash flow of the organization. The purpose of monthly cash budget is as follows: - This budget will help the organization to understand the short-term requirements of the business. The management will be aware of the investment that they would be making in various activities in the upcoming month. The decision makers will aware of issues that requires immediate attention so accordingly, funds can be allocated to those tasks. Similarly, if the management feels that they have some excess cash with them for the upcoming month then the organization can look for some short-term investment plans that can yield good returns (Imhof 2015). There are various advantages of preparing short-term budgets over a period of time rather than that of having one budget for the complete year. Few of the advantages of having monthly cash budgets are discussed below. The management will be aware of the incomes that they will be receiving in the upcoming month. This will help the management of Plato Limited especially during the financial year end. Many organizations end up paying more tax, so that they can safeguard themselves from the complications that may arise due to paying less tax. This can be avoided with the help of monthly cash budgets. The organization will be aware of the income that will come-in, in the upcoming month so taxes can be paid accordingly (Bertomeu 2015). If Plato limited is planning to take some loan from a financial institution then the executive will also for pro forma of the balance sheet. If the monthly cash budget is not in place then the organization will take ages to prepare a final pro forma of balance sheet but with the help of monthly cash budget, the pro forma of balance sheet can be prepared in no time. The organization can easily avail loan from the lending institutions (Litt 2014). The management of Plato limited will be aware of the areas wherein the organization is spending more than required. If the management notices that the office supplies are being ordered in excess then the management can check for suppliers who can offer better price for the office supplies. On the other end, the management can also try to understand if the office supplies are being used appropriately or if they are being wasted (Boochun 2014). It is important for Plato Limited to prepare estimated cash budget and actual cash budget. This will help the organization to understand the various wherein they are spending much more than required. The company will be able to understand the areas wherein they need to concentrate and invest more and also the areas wherein you need to disinvest. In many situations, the management may feel that they are falling short of cash but with the help of cash budget, the management will get to know about the cash requirements of business, in advance so the management will get sufficient time to make arrangements for cash (Kermis 2014). Plato Limited will be informed about the corrective actions that they need to take. If the organization is immediately informed about the wrong steps that they have taken then the corrective actions can be implemented easily. Implementation of corrective measures would be difficult if the management is not able to understand the corrective actions for a long period of time (Piotroski 2014). Conclusion The management of Plato Limited should analyze the financial reports of the organization at regular time period. This will give the management an idea on the areas wherein they need to concentrate. The organization should compare the financial reports of the previous years to the current year so that they can understand the areas which have changed and the areas which require immediate attention. Monthly cash budget can be a saviour for Plato Limited. This cash budget will help the organization to understand the short-term fund requirements, expenses and income. This will also help the organization to take corrective measures immediately. References Akbar, M, 2015, Ownership concentration and accuracy of financial reporting, European online journal of natural and social sciences, vol. 4, no. 1, pp. 798-807 Barth, M, 2015, Commentary on prospects for global financial reporting, Accounting perspectives, vol. 14, no. 3, pp. 154-167 Bertomeu, J, 2015, Mandatory disclosure and asymmetry in financial reporting, Journal of accounting and economics, vol. 59, no. 3, pp. 284-299 Boochun, J, 2014, Financial reporting quality and labor investment efficiency, Contemporary accounting research, vol. 31, no. 4, pp. 1047-1076 Filip, A, 2015, Legal regime and financial reporting quality, Contemporary accounting research, vol. 32, no. 1, pp. 280-307 Garrett, J, 2014, Trust and financial reporting quality, Journal of accounting research, vol. 52, no. 5, pp. 1087-1125 Hunton, J, 2015, Retraction: Financial reporting transparency and earning management, The accounting review, vol. 90, no. 4, pp. 1711-1726 Imhof, M, 2015, Firm location and financial reporting quality, Academy of accounting and financial studies journal, vol. 19, no. 1, pp. 133-147 Jhunjhunwala, S, 2014, Beyond financial reporting International integrated reporting framework, Indian journal of corp[oate governance, vol. 7, no. 1, pp. 73-82 Kermis, G, 2014, Financial reporting regulations, ethics and accounting education, Journal of Academic and business ethics, vol. 8, pp. 1-9 Litt, B, 2014, Audit partner rotation and financial reporting quality, Auditing: A journal of practice theory, vol. 33, no. 3, pp. 59-69 Piotroski, J, 2014, Financial reporting practices of Chinas listed firms, Journal of applied corporate finance, vol. 26, no. 3, pp. 53-60 Tanyi, P, 2015, Busyness, expertise and financial reporting, Auditing: A journal of practice and theory, vol. 34, no. 2, pp. 50-72 Whittington, G, 2015, Measurement in financial reporting: half a century of research and practice, Abacus, vol. 51, no. 4, pp. 549-571
Wednesday, March 25, 2020
Macro Environment Challenges Organizarion Today Essay Example
Macro Environment Challenges Organizarion Today Paper The Group is a key player in the manufacture and sale of electronic systems used in watch making and other industries. Maintenance Providing training and development for employees is a promise. Swatch pays much attention to be in touch with all new technologies and maintained the high level of well trained staff Maintenance is the final MM strategy decision as Swatch encourages the use of automation system and is often the most overlooked decision. Ensuring the equipment needed to produce a good/ service is functioning efficiently without devastating breakdowns is crucial to the long-term stability of a company in order to met its customers demand. Scheduling The demand for high utilization of a capital-intensive facialà ¶y means effective scheduling will be important. Scheduling is an operations decision that strives to provide the right mix of labor and machines to produce goods and services at the right time to achieve both efficiency and customer service goals as Swatch anticipate the peaks and valleys in demand that may occur during a day, during the week, and at different times of the year. Therefore Scheduling and taking measures in anticipation of new ventures is in this case a critical issue. Inventory Management Stability and good quality of products require continuously effort to constrain down inventories. We will write a custom essay sample on Macro Environment Challenges Organizarion Today specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Macro Environment Challenges Organizarion Today specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Macro Environment Challenges Organizarion Today specifically for you FOR ONLY $16.38 $13.9/page Hire Writer With the joint ventures and close cooperation with their supplier, Swatch can optimize their inventory levels. Excess Inventory than what is needed to satisfy customer demand leads to unnecessary costs such as storage, deterioration, obsolescence, theft, and money tied up in inventory that cannot be used for other purposes. Quality Quality is the highest objective, not only the characteristic of Swatchs products and services, but also one of their most important essences. It is trickily linked with its pursue of continuous improvement, as they perceive it as exceeding customers expectation. Also as Swatch is one of the leading companies high quality standards have to be maintained in every aspect Of its operation. 6. Product and services design Product and service design be essential to the structuring of an organization and have an effect on every aspect of the organizations strategy. The design of the output is the primary precondition for the costs, quality, appropriate funds and human resource decisions that accompany that output In all its genuineness, Swatch cares about developing products that meet specific need of its customers. Layout Design The strategy should focus on developing an economic layout that will meet the firms competitive requirements. It should improve higher utilization of space, equipment and people, improved information flow and materials, improved customer interaction and flexibility. Human resources and Job design Swatch created best working environment and growth opportunities by using Machine operators have inherently enriched jobs, so special consideration must be given to developing empowerment and enriched jobs. Also conduct both several programs to encourage Company to submit their own ideas and contribute to the companys growth such continuing innovations and automation. Also they being responsible for their own development and to take advantage of the various development opportunities available such as, submit your venture proposal. Process and capacity design Due to the inherent properties of the Swiss watches market, Swatch is required to be very flexible. Each quarter new technologies, solutions and cutting edge products are introduced. Thats why it is critical to be able to quickly adapt to changes. In this case incorporating new technologies in all the processes is invaluable and helps to achieve flexibility although Swiss watches products have rather short lives, Swatch has design the capacity to ensure meeting all the demand in such case capacity built in view of demand us ports the credibility of Swatch. 10. Maintenance Providing training and development for their employees in promises. They pay much attention to be in touch with all new technologies and maintained the high level of well trained staff Maintenance is the final MM strategy cession for the example Swatch encourages the use of automation system and is often the most overlooked decision. Ensuring the equipment needed to produce a good/service is function ins efficiently without devastating breakdowns is crucial to the long-term stability of a company just why met its customers demand CNN. The main competitive priorities of Swatch production process can be categories as follows A. Flexibility; this means that Swatch should be flexible in the following aspect I. Product flexibility; The ability to handle difficulties non standard, order to meet special customer pacification and to produce product characterized by numerous features, option size and colors. Hence Swatch should consider the product flexibility as main competitive priorities to satisfied their customers. Ii. Volume flexibility; The ability to rapidly adjust capacity in order to accelerate or decelerate production in response to change in customer demand. Swatch should make sure that they are flexible in case any adjustment happens in production process and customer demand. Iii. Process flexibility; Ability to produce small quantities of product cost effectively to meet product ix changes are easy to allocate. B. Cost Swatch Company achieved competitive advantage by adopting one or additional of the following generic competitive strategies: * Cost leadership strategy: Features of this strategy are: low cost relative to Competitors, related and standardized products, economies of scales, internally Focused, structured organization and responsibilities, with intense supervision of Labor. Differentiation strategy: This strategy is described in terms of product uniqueness, Emphasis on Marketing and research, flexible structure. * Focus strategy: This implies the focus on a narrow strategic target (buyer Group, product line or geographic market) through differentiation, low cost or both the extra cost of doing so C. Low product cost; The ability to minimize total cost of production through efficient operation process tech oenology and or scale of economics D. New product introduction; Ability to rapidly introduce larger number of product improvement or variation or totally new products E. Delivery Ability to reduce the time between order taking and customer delivering to as close to zero as possible. The ability to exactly meet quoted or anticipated livery dates and qualities. F. Quality; Swatch should look on product and process quality hence to link the term quality in eight dimensions that are: performance, features, reliability, conformance, durability, serviceability, aesthetics, and perceived quality. G. Design Product with capabilities, feature, styling and operation characteristic that either superior to those of competing products. H. Service After sale services to ensure continuing customer satisfaction in order to avoid the customer turnover. CNN. The increased use of Lana and WANTS has, among other things, enabled ewe organizational structures, the movement of the locus of responsibility further down the organizational hierarchy (elimination Of middle management), and the increasing practicality of SIT operations, mass customization, etc.. The increased emphasis on seen/ice has, among other things, fostered an increased information or information technology content of many products. Firms are also increasing training because so much of the service economy is dependent upon individual competence. The increased role of women in the workplace is requires an increased emphasis on the reaction and communication of appropriate human resource policies. It may also be fostering the creation of flexible work schedules and, to a lesser degree, telecommuting. Some companies seem to be adopting the perspective that their main problem is now the management of change? as opposed to the management of a specific process or product. If nothing else, the management of change is becoming a formal part of the managers responsibility. CNN 4; Airport Customer convenience Places like airport there is big number of people both who are traveling and others waiting for passengers and other waiting to check in. The place should be arranged in a way that will avoid inconvenience to people, showing exactly places for departures, arrivals, waiting seats and all the arrangement must avoid interference. Requirements for materials handling Customers luggage requires special handling materials that will protect them during from when the customer checks in until arrive at his/her destination ;k Capital investment operations at airport needs high capital investment as it requires a lot of material handling equipments, high construction cost and other cost which make the operation more expensive. Bank layout A need to design a layout that will reduce queuing and facilitate customer services. Atmosphere Good working environment that will improve customer services and establish good relationships among employees and customers. Sales Need to consider things like loan application Communication Good communication to all stakeholders and a need to consider on availability of accurate information and smooth information flow. Capital investment More financial investment is required. Classroom Flexibility The arrangement must be ease to accommodate change due to changes likely to take place.
Friday, March 6, 2020
Aloe essays
Aloe essays Aloe (Agave) is a genus of plant that has more than 150 species. Agave is native to South Africa but has been brought to America and is best-known here as American aloe (Agave americana), or century plant. An aloe plant has a short stem, fleshy, lanceolate leaves that form in rosettes at the end of each stem, and red or yellow tubular flowers in dense clusters. The different species of aloe differ in size from a few centimeters to more than thirty feet. The plant only blooms one time between the ages of ten and twenty-five. When it finally does bloom, the plant grows a long stalk that grows rapidly up to about fourty foot. The aloe plant is very helpful in making many medicines. The plant is ninety-six percent water and the rest contains active ingredients including essential oil, amino acids, minerals, vitamins, enzymes and glycoproteins. Powered aloe juice (sap) is a laxative. Modern healers have used it since the 1930's. Many liquid health treatments are made, some combining aloe juice with other plants and herbs. The juice is soothing to digestive tract irritations, such as colitis and peptic ulcers. Aloe vera gel is used to; heal wounds, heal ulcers, and speed up the healing process of burns by putting a protective coating on the As a food supplement, aloe is said to facilitate digestion, aid in blood and lymphatic circulation, as well as kidney, liver and gall bladder functions. Aloe contains at least three anti-inflammatory fatty acids that are helpful for the stomach, small intestine and colon. It naturally alkalizes digestive juices to prevent overacidity - a common cause of indigestion. To make many of the medicines the plant must be crushed or taken apart. Aloe vera gel is made by pulverizing the whole leaves of the plant. Aloe juice is In conclusion, the aloe plant is very helpful in medicine and everyone ...
Wednesday, February 19, 2020
The main threat to earn profits in the long run is the risk Essay
The main threat to earn profits in the long run is the risk - Essay Example The risk in this sense comprises of two major elements. The first one is the probability that the system or the entity will fail to achieve its objectives. And the second is the consequences and results of such failure. In any business organization, risk is inevitable. However, how better the organization cope with such risks depends upon the techniques used by the entity for such purpose. The practice and act of identifying, assessing, handling and controlling risk related situations and issues in an organization is known as enterprise risk management. The process of risk management includes identification and tracking of risk associated areas, development of plans for mitigating risk, performance of risk assessment procedures and handling and monitoring risks. Thus, it may be seen that risk management is a very broad term and includes a number of issues being addressed during the application of risk management techniques. Along with identification and assessment of risks, the prior itization of risks is also an important part of risk assessment procedure. Thus, the process of risk management mainly focus on the probability of occurrence of unforeseen events in future and the impact of these events on the capability of the organization to achieve its objectives. ... All these risks threaten the capability of an organization to achieve its objectives. Following are the risks that usually occur more frequently: 1. Systematic Risk: Systematic risk is a risk which cannot be predicted, mitigated or reduced in any way. This is due to the reason that this risk may occur at any time and is completely out of control. Changes in the government legislation or interest rates prevailing in the economy are examples of systematic risk. To mitigate the impact of such risks, it is advised that the organization should remain prepared for the occurrence of such risks at any time and should undertake proper plans to cope with such risk. 2. Non-systematic Risk: These are the risks which occur due to the features of assets. Changes occurring in the management decisions and employeesââ¬â¢ strikes are the examples of this type of risk. These risks can be easily eliminated by using the diversification process. 3. Financial Risk: Financial risk rises when the organiza tions heavily rely on the debts and loans. This type of financing is called debt financing. This type of financing increases the liability of the organization as the organization is liable to pay such money back in future. Thus, it becomes necessary for the organization to keep enough reserves so that this money may be paid back in future. Thus, the degree of risk and uncertainty rises overall. 4. Operational Risk: Operational risk is the risk associated with the operational level of the organization. When this risk arises, organizations do not able to perform its operations properly. Thus, operational risk includes risks arising from business operations, information reporting and leadership and management style adopted by the
Tuesday, February 4, 2020
The Voice of Marvin Puryear Essay Example | Topics and Well Written Essays - 500 words
The Voice of Marvin Puryear - Essay Example Puryear draws on his direct experiences. He has a fascination with music and archery. His way of expressing those interests was not to try to sport, but to create the object of the sport itself. For example, he notes ââ¬Å"If I became interested in archery, I made the bows and arrows; if I became interested in music, I made the guitar" (Benezra 140). Again, this statement by Puryear reinforces the premise that his sculptures are not the result of hard line education. If they were, then he would have mastered playing the instrument or the sport of archery rather than creating his own original vessel. The deception that can only be called Puryear is his ability to take the simple concept (Such as the Old Mole) and craft a vision without all of the trendy accoutrements that we see so often in modern art today. This too is the result of his emotional reaction to that which he experienced, rather than the formal education he received. Another example of what I view as a reactive piece is ââ¬Å"Untitledâ⬠. The body of the object is open, free and seemingly transparent. However the face of the object appears to have the expression of recovering from a horrid event, yet knowing that there is still more. Simply stated, the face is heavy, as if carrying some sort of burden, while the body is completely unaffected. This too demonstrates pure emotion. As the saying goes ââ¬Å"I can tell by your face something is wrong.â⬠In conclusion, a review of Marvin Puryearââ¬â¢s pieces, demonstrate that interpretation can be found in emotion.
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