Monday, August 24, 2020
Saturday, August 22, 2020
Julius Caesar: The Use Of Suspense :: essays research papers
Julius Caesar: The Use of Suspense Suspense can be characterized as the vulnerabilities the peruser feels about what will occur next in a story, or for this situation, a play. William Shakespeare fused in Julius Caesar three extremely dramatic occasions on which the entirety play depends. The first sensational occasion of this play happens when the backstabbers join and talk about their purposes behind death. Cassius feels that he is equivalent to Caesar, if not in any case better that him. Shakespeare fabricates tension by utilizing this announcement made by Cassius: "I was brought into the world free as Caesarâ⬠¦/we both have taken care of too, and we can both/persevere through the winter's virus just as he." Then cassius attempts to convince Brutes to participate on the connivance by letting him know that it is good to kill Caesar. Cassius reveals to Brutes that the destiny of Rome is in a difficult situation with Caesar in power, which helps fabricate anticipation right off the bat in the play. To persuade Brutes definitively, cassius fashioned letters and tossed them into Brutus' window where he made certain to discover them. Shakespeare composed this announcement: "we will alert him and make certain of him. This is a very incredible explanation that manufactures anticipation in light of the fact that the peruser no doubt feels that Brutes will participate and need to kill Caesar, yet the peruser is dubious with respect to whether the arrangement will work. These occasions are very sensational as they pave the way to the death of Caesar. The next arrangement of intense occasions that anticipate Caesar's death occur on a surprising night. One night before Caesar's passing there were numerous bizarre events the foretells murkiness later on. A lioness conceived an offspring in the lanes, the dead rose from their graves, blazing worriers battled in the mists so savagely that blood showered upon the legislative hall, ponies neighed, biting the dust men moaned, and phantoms yelled and screeched along the boulevards; all occasions of this unusual night that Shakespeare makes so intense. Likewise on this unordinary near, Calpurnia had an exceptionally alarming dream that was very sensational. The fantasy was of Caesar's sculpture discharging blood and numerous Romans were washing in it. At the point when the peruser peruses this he is "on the edge of his seat" finding that he can't stand by to discover what this fantasy foretells. Calpurnia was so alarmed by these abnormal events that she asked Caesar not to go out. Shakespeare made anticipation by having Caesar talk these words: "and these does she apply for admonitions and omens/and shades of malice up and coming, what's more, on her knee/hath asked that I will remain at home today.
Thursday, July 16, 2020
Essay Question Example
Essay Question Example Essay Question â" Essay Example > ContentIntroductionOverview of a modern capitalist societyUnderstanding individualism and collectivism Discussion of the extent to which the capitalist society should be organized according to the individualist values rather than the collectivist values. Conclusion Introduction A capitalist society is one that has an economic system whose basis is on private ownership in regards to both the means of production and the process of creation of goods and services for the purpose of making profits for business enterprises that are privately owned. A capitalist society may take different forms, which include state capitalism, mixed economies and laissez-faire. Since time in history capitalism has undergone revolution with political economists, economists and historians all over the world taking different perspectives as far the analysis of a capitalist society is concerned (Christian 2007, p. 113). To a very high degree, the organization of modern capitalist society is seen to have char acteristics of both individualism and collectivism. However, the big question arises as to what extent the capitalist society should be organized according to the individualist setup rather than the collectivist setup. To begin with, individualism implies to the organization that encompasses the promotion of and exercises an individualâs objectives and desires hence reflecting the value of self-reliance and independence. With this organization, there is greater opposition of any external influence or interference by the society as far as an individualâs interests are concerned (Swart and Koenraad 2007, p. 80). On the other hand, collectivism is the kind of organization that shows greater emphasis on the existence of interdependence in the society. With this, organization groupsâ goals are prioritized over personal individual goals with the promotion of cohesion within the groups in the society (Triandis and Harry 2001, p 59). Contrary to individualists, collectivists have th eir focus on the nation, community or society. Through out history, both individualism and collectivism have been seen to exist in diverse types of economic and educational, government and political philosophies. The elements of individualist and collectivists have been contained in most societies. The extent to which the modern capitalist society should be more individualistic rather that collectivistic relates highly to the matters of policy and politics. It is quite a fact that the society moves towards liberalization day after a day (Gray 2008, p. 66). This is evidenced by the fact that quite a number of political ideologies have cropped up supporting capitalism in the modern world from the perspective of liberalization which is understood to relate more to individualism (Louis 2003, p. 24). In the contrary, collectivism is understood to stifle the aspects of diversity and individuality through the emphasis placed and stressed upon common social identification for instance nati onalism. The implication is therefore that for the people in the modern capitalist society to enjoy democracy and their individual rights it should be more focused to the individualistic organization than to the collectivist organization. In the modern capitalist society, there exist class systems which are understood as to relate to a certain level of economic nature. The capitalist class constitutes self-made men and it is only open to people who have quite essential individual qualities (Christian 2007, p. 116). This concept relating to social classes in the society is seen to be more closely related to the organization of the society from an individualistic point of view. Today, individual people are seen to be more attached to their own personal welfare rather than to the social groups in which they are part. It is with no doubt that, from an economic perspective, these people have their class interests they want to attach themselves to, with the freedom of being part of any group if they wish to. In this case, within the sphere of modern capitalism the aspect social mobility is demonstrated. Against this is a good example of the caste system in India whereby there no promotion of an individualistic society (Triandis and Harry 2001, p. 67). It is therefore crucial to have the modern capitalist society to uphold individualistic perspective in order to enable individual to exercise their won freedom as they wish.
Thursday, May 21, 2020
Anchorman Movie Quotes
Anchorman is a crazy comedy that focuses on important issues that emerged in the 1970sââ¬âwomens liberation being one of them. The movie is subtitled The Legend of Ron Burgundy. When the movie opens, Ron is the most happening anchorman in San Diego. As the character Bill Lawson says, He was like a god walking among mere mortals. All this changes when Veronica Corningstone enters the scene, wanting to be the top anchorwoman. Ron Burgundy cannot accept it. He is incredulous that a woman could aspire to become an anchorman. There is a constant battle between Ron and Veronica throughout the film. Read these Anchorman movie quotes and get a glimpse into this funny film. Ron Burgundy I love scotch. Scotchy, scotch, scotch. Here it goes down, down into my belly.Im a man who discovered the wheel and built the Eiffel Tower out of metal and brawn. Thats what kind of man I am. Youre just a woman with a small brain. With a brain a third the size of us. Its science.Well, I could be wrong, but I believe, uh, diversity is an old, old wooden ship that was used during the Civil War era.Youre so wise. Youre like a miniature Buddha, covered with hair.Im in a glass case of emotion! Veronica Corningstone Oh, Ron, there are literally thousands of men that I should be with instead, but I am 72 percent sure that I love you! Brian Fantana No, she gets a special cologne ... Its called Sex Panther by Odeon. Its illegal in nine countries.à Yep, its made with bits of real panther, so you know its good. Champ Kind I woke up on the floor of some Japanese familys rec room, and they would NOT stop screaming!à We need you. Hell, I need you. Im a mess without ya. I miss youà so damn much. I miss being with you. I miss being near you! I miss your laugh! I miss your scent. I miss your musk. When this all gets sorted out, I think you and me should get an apartment together. Bill Lawson Bob Dylan once wrote, The times, they are a-changin. Ron Burgundy had never heard that song.à There was a time, a time before cable, when the local anchorman reigned supreme. When people believed everything they heard on TV. This was an age when only men were allowed to read the news. And in San Diego, one anchorman was more man than the rest. His name was Ron Burgundy. He was like a god walking amongst mere mortals. He had a voice that could make a wolverine purr and suits so fine they made Sinatra look like a hobo. In other words, Ron Burgundy was the balls. Brick Tamland Im Brick Tamland. People seem to like me because I am polite and I am rarely late. I like to eat ice cream and I really enjoy a nice pair of slacks. Years later, a doctor will tell me that I have an IQ of 48 and am what some people call mentally retarded. Tino We have a saying in my country: ââ¬â The coyote of the desert likes to eat the heart of the young and the blood drips down to his children for breakfast, lunch, and dinner. Wes Mantooth At the bottom of my gut, with every inch of me, I plain, straight hate you. But dammit, do I respect you!
Wednesday, May 6, 2020
Spartech Corporation a Financial Ratio Analysis Essays
Spartech Corporation is a leading producer of extruded thermoplastic sheet and rollstock, polymeric compounds, and custom engineered plastic products. Their annual production capacity amounts to more than 1.7 billion pounds produced in manufacturing facilities located throughout the United States, Canada, Mexico and Europe. The companys financial ratios for 2004, 2005, and 2006 were analyzed and indicates that the company is not without problems. The current ratio for the company has been on a steady decline over the last three years. From the standpoint of a creditor, the reduction of the companys current ratio is not good as the companys short term liabilities is outgrowing its current assets. However, when you look at theâ⬠¦show more contentâ⬠¦If it is giving them net 30 days, it needs improvement; however, based on the last three years, the receivable turnover is showing signs of improvement which is good for the companys cash flow. The companys Sales to Total Assets have also shown improvement over the last three years. This indicates the company has been able to use its existing assets efficiently to generate greater sales for the company. A review of the companys balance sheets indicates total assets have shrunk over the last three years while the companys sales have improved over the last three years. As an investor, this is a good sign, however, it could mean the company has reached its capacity output level and may need to raise cash to support future growth. The Total Debt to Total Asset ratio figure for the company has show a downward trend over the last three years. Both the assets and the liabilities of the company has declined, however, the decline in the companys liabilities have declined faster then their assets. From an investor standpoint, this is good as the company is now able to take on additional debt to help support growth. This additional debt, however, must first be viewed along side the companys Times Interest Earned to ensure the company can support the debt. In a time of increased sales however, the company has been able to increase capital equipments and pay down debt which is really good sign for the company. The Time-Interest-Earned ratio showed some mixedShow MoreRelatedEssay about financial analysis1439 Words à |à 6 Pagesï » ¿SPARTECH Corporation 2009 2010 Industry Average Current Ratio 1.6 times 1.5 times 2.26 Quick Ratio 0.88 times 0.85 times 0.87 Average collection period 51 days 48 days 13 days Days inventory held 28 days 31 days 134 days Days payable outstanding 47 days 52 days 37 days Cash Conversion Cycle Read MoreHbr When Your Core Business Is Dying74686 Words à |à 299 Pageso div an gies t de o e e ma sing our ener , hav a 1992 by incre ce â⬠¢ Sin further go 4%. by 2 n: Take eps g St o brin vron ear t Che nay billio CHEVRON is a registered trademark of Chevron Corporation The CHEVRON HALLMARK and HUMAN ENERGY are trademarks of Chevron Corporation à ©2006 Chevron Corporation A l rights reserved APRIL 2007 Features 58 What Your Leader Expects of You Larry Bossidy A longtime CEO reveals the behaviors that leaders should look for in their subordinates ââ¬â behaviors
Shakespeareââ¬â¢s Sonnet 102 Free Essays
Shakespeareââ¬â¢s Sonnet 102 Poet and screenwriter, Susan Griffin, once said, ââ¬Å"A story is told as much by silence as by speech. â⬠This statement underlines the fact that just because words are not spoken, it does not mean that there is no meaning behind the silence. Someoneââ¬â¢s lack of words can have as much, if not even more, power as anotherââ¬â¢s most persuasive speech. We will write a custom essay sample on Shakespeareââ¬â¢s Sonnet 102 or any similar topic only for you Order Now In Sonnet 102, Shakespeare explains why he believes in the power of silence regarding his feelings towards his true love. His allusion to the nightingale correlates perfectly with the paradox of his increasing love for a woman in conveying the sonnetââ¬â¢s overall theme that silence is always preferable to just meaningless words. In the sonnet, Shakespeare uses the allusion of the nightingale to describe his love of a young woman. He states, ââ¬Å"Our love was newâ⬠¦/ when I was wont to greet itâ⬠¦/ as Philomel in summerââ¬â¢s froth doth singâ⬠(lines 5-7), comparing the speakerââ¬â¢s love as his relationship with the woman progresses to that of nightingaleââ¬â¢s song. In classical times, the nightingale was widely referred to as Philomel. In Roman and Greek mythology, Philomela was a woman turned into a nightingale by the Gods to save her from the hands of rapist. Because of the violence associated with the myth, the nightingaleââ¬â¢s song is often interpreted as a lament, but it is also construed to symbolize beauty and even, such as in the case of this poem, love. In a factual sense, a nightingale is a small bird that frequently sings at night as well as in the day, standing out as one of the only birds that sing after the sun descends. By comparing his love to Philomel after she ââ¬Å"stops her pipe in growth of riper daysâ⬠(8), he makes his theme of silence clear. Even the most vocal of birds such as the nightingale knows when to stop singing its beautiful song, showing the world how much he truly loves it by offering a moment of peace and quiet. This resembles the feelings of the narrator because even though he loves her with all his heart, he does not want to bore her by saying it too often or by making it appear as if his love is not as special as it used to be. In addition, Shakespeare also introduces the poem with the paradox ââ¬Å"My love is strengthened, though more weak in seeming;â⬠(1) that connects his allusion to true love. This paradox starts the poem off by explaining how his love for a woman has actually gotten stronger over time although he may not verbalize it as much as he used to. He attempts to explain that even though he keeps it more to himself now, his love for his woman has only increased as time passed. His love resembles the nightingaleââ¬â¢s singing in that it is always going to be there even if it is not heard because he does not want to ruin the beauty of it by saying it too much. The initial burst of first love has surpassed the narrator now, leaving him with a genuine love that does not need a constant reminding with words in order to convey the passion in his heart. Although observing a nightingale singing is rare, its music can always be heard. This parallels the speakerââ¬â¢s love in that his woman does not need to constantly be told how much he loves her, but rather she should know it by his eyes and his actions. His silence emphasizes the idea that words are not always necessary to express oneââ¬â¢s feelings, and even in some cases it is better to keep quiet. Shakespeareââ¬â¢s allusion to the nightingale and paradox of his growing love work together to convey the universal idea that sometimes a lack of words can have a greater depiction of a personââ¬â¢s inner feelings than the best articulated vocalizations possible. If a man really loves a woman, she should be able to comprehend the intensity of that love not by the things he says, but by the way he acts and how he looks at her. Perhaps all the noise and speaking in the world then is actually peopleââ¬â¢s lack of true love for one another, a love that can only be found in knowing and understanding the Lord Jesus Christ. How to cite Shakespeareââ¬â¢s Sonnet 102, Essay examples
Shakespeareââ¬â¢s Sonnet 102 Free Essays
Shakespeareââ¬â¢s Sonnet 102 Poet and screenwriter, Susan Griffin, once said, ââ¬Å"A story is told as much by silence as by speech. â⬠This statement underlines the fact that just because words are not spoken, it does not mean that there is no meaning behind the silence. Someoneââ¬â¢s lack of words can have as much, if not even more, power as anotherââ¬â¢s most persuasive speech. We will write a custom essay sample on Shakespeareââ¬â¢s Sonnet 102 or any similar topic only for you Order Now In Sonnet 102, Shakespeare explains why he believes in the power of silence regarding his feelings towards his true love. His allusion to the nightingale correlates perfectly with the paradox of his increasing love for a woman in conveying the sonnetââ¬â¢s overall theme that silence is always preferable to just meaningless words. In the sonnet, Shakespeare uses the allusion of the nightingale to describe his love of a young woman. He states, ââ¬Å"Our love was newâ⬠¦/ when I was wont to greet itâ⬠¦/ as Philomel in summerââ¬â¢s froth doth singâ⬠(lines 5-7), comparing the speakerââ¬â¢s love as his relationship with the woman progresses to that of nightingaleââ¬â¢s song. In classical times, the nightingale was widely referred to as Philomel. In Roman and Greek mythology, Philomela was a woman turned into a nightingale by the Gods to save her from the hands of rapist. Because of the violence associated with the myth, the nightingaleââ¬â¢s song is often interpreted as a lament, but it is also construed to symbolize beauty and even, such as in the case of this poem, love. In a factual sense, a nightingale is a small bird that frequently sings at night as well as in the day, standing out as one of the only birds that sing after the sun descends. By comparing his love to Philomel after she ââ¬Å"stops her pipe in growth of riper daysâ⬠(8), he makes his theme of silence clear. Even the most vocal of birds such as the nightingale knows when to stop singing its beautiful song, showing the world how much he truly loves it by offering a moment of peace and quiet. This resembles the feelings of the narrator because even though he loves her with all his heart, he does not want to bore her by saying it too often or by making it appear as if his love is not as special as it used to be. In addition, Shakespeare also introduces the poem with the paradox ââ¬Å"My love is strengthened, though more weak in seeming;â⬠(1) that connects his allusion to true love. This paradox starts the poem off by explaining how his love for a woman has actually gotten stronger over time although he may not verbalize it as much as he used to. He attempts to explain that even though he keeps it more to himself now, his love for his woman has only increased as time passed. His love resembles the nightingaleââ¬â¢s singing in that it is always going to be there even if it is not heard because he does not want to ruin the beauty of it by saying it too much. The initial burst of first love has surpassed the narrator now, leaving him with a genuine love that does not need a constant reminding with words in order to convey the passion in his heart. Although observing a nightingale singing is rare, its music can always be heard. This parallels the speakerââ¬â¢s love in that his woman does not need to constantly be told how much he loves her, but rather she should know it by his eyes and his actions. His silence emphasizes the idea that words are not always necessary to express oneââ¬â¢s feelings, and even in some cases it is better to keep quiet. Shakespeareââ¬â¢s allusion to the nightingale and paradox of his growing love work together to convey the universal idea that sometimes a lack of words can have a greater depiction of a personââ¬â¢s inner feelings than the best articulated vocalizations possible. If a man really loves a woman, she should be able to comprehend the intensity of that love not by the things he says, but by the way he acts and how he looks at her. Perhaps all the noise and speaking in the world then is actually peopleââ¬â¢s lack of true love for one another, a love that can only be found in knowing and understanding the Lord Jesus Christ. How to cite Shakespeareââ¬â¢s Sonnet 102, Essay examples
Saturday, April 25, 2020
Youth and Music free essay sample
The influence of secular music on youth has always had a close relation to violence and negative behavior. From fifties Rock and Roll to present-day Rap concerts, audience members have been Involved In brawls, rapes, stabbings, shootings, drug use and numerous other criminal actresses while listening to their favorite groups. Irrational behavior at Rock and Roll, Heavy metal, Rap, and even Country music concerts is nothing new.In fact, some people believe that this inhumane conduct can be attributed to the lyrics of these various genres of music which seems to glorify indecent behavior. Others believe that it is the inappropriate practices of the artistes themselves that encourage their young fans to become violent since most of them tend to mimic the behavior of their idols/role models. Rap music in its popularity has often faced nationwide debate especially when assessing its impact on the youth.The catalyst for such arguments has always been he violent nature of the lyrics and the way in which It Influences some of the poorest communities In the Caribbean. We will write a custom essay sample on Youth and Music or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As I further explore the genre of rap music, I will seek to explain the role of secular music In establishing uncivilized behavior among the youth population. Research Topic/Problem Rap music and Its Influences on youth. Research Objectives 1. To identify and explain the origin of rap music. 2. To examine the effects of rap music on young people. 3.To use the findings to make recommendations about the relationship between AP music and young people. Problem Statement Rap music negatively affects the relationship between youth and their parents. This study investigates the effects of rap music on young people and their relationship with their parents, in Dictating and Maloney. Research Questions 1. What Is the history of rap music? 2. How did rap music develop its reputation? 3. Why Is listening to rap music a preference, to young people? 4. What messages are these songs sending to young people?
Wednesday, March 18, 2020
Invention and History of Volleyball
Invention and History of Volleyball William Morgan invented volleyball in 1895 at the Holyoke, Massachusetts, YMCA (Young Mens Christian Association) where he served as Director of Physical Education. Morgan originally called his new game of Volleyball, Mintonette. The name Volleyball came about after a demonstration game of the sport, when a spectator commented that the game involved much volleying and game was renamed Volleyball. William Morgan was born in the state of New York and studied at Springfield College, Massachusetts. Ironically at Springfield, Morgan met James Naismith who invented basketball in 1891. Morgan was motivated by Naismiths game of basketball designed for younger students to invent a game suitable for the older members of the YMCA. William Morgans basis for the new game ofà Volleyball. was the then popular and similar German game of Faustball and a few other sports including: tennis (the net), basketball, baseball and handball. The Morgan Trophy Award is presented annually to the most outstanding male and female collegiate volleyball player in the United States. Established by the William G. Morgan Foundation in 1995 during the centennial year of volleyball, the trophy is named in honor of William Morgan.
Sunday, March 1, 2020
9 Things You Should Never Reveal About Yourself at Work
9 Things You Should Never Reveal About Yourself at Work You spend an astounding amount of time with your coworkers- even more than your family. You even develop incredibly close relationships with the people you work with day after day week after week. But even so, there are lines you should make sure not to cross. Hereââ¬â¢s how to open up to your colleagues enough to build a genuine network but not so much that you drift into TMI. Just follow this list of what never to say.1.à How Much You Hate Your JobIf you say this- even if you mean it- youââ¬â¢ll be branded as a negative person. Or a complainer. Or just someone who canââ¬â¢t engage constructively with the task at hand. No one wants to hang out with a coworker who drags down morale.2. Your Hot Take on World EventsControversial topics like politics, the economy, religion, etc. come up all the time. Itââ¬â¢s fine to engage in the topical conversation about current events, but nothing good can come from stirring the pot. If you find you have an even more controversial view point, hold onto it. Best case scenario, you might offend someone deeply. Worst case, you could end up with a lawsuit.3. Your Health ProblemsItââ¬â¢s fine to let certain coworkers know when youââ¬â¢re going through something. But do spare them the details. Revealing too much personal health information can open you up to discrimination. And droning on about physical details could bore your colleagues to tears.4. Your Personal ProblemsAgain, if something big is going on with your partner or your family, itââ¬â¢s okay to give people a subtle heads up. But keep the details to yourself. Donââ¬â¢t be that person constantly babbling about how much your spouse or boyfriend or girlfriend or family is driving you bananas. You just end up seeming negative and sour.5. Anything About MoneyNo one needs to know how much money you make. And you donââ¬â¢t get to ask how much money they make. Definitely donââ¬â¢t try to get information out of others by blabbing about your salary.6. Your Opinion About That One CoworkerIf you have a negative opinion, however valid, about a coworker- i.e. you think theyââ¬â¢re incompetent, or lazy, or dishonest, whatever- you should really not be talking about it with other coworkers. Even if youââ¬â¢re right, youââ¬â¢ll come across as insecure and people will probably side with your incompetent colleague.7. Your Facebook ProfileTry as best as you can to keep LinkedIn as your professional social media platform. Your outside-of-work friends get to see who youââ¬â¢re with and when you did tequila shots in Cabo. Keep your Internet boundaries clear.8. Bedroom TalkKeep the details of your sex life to yourself. And, more importantly, donââ¬â¢t speculate about what other people do in their own bedrooms. Itââ¬â¢s just tacky and totally inappropriate.9. That Youââ¬â¢re After a Different JobWhether youââ¬â¢re job hunting or youââ¬â¢re secretly angling for another coworkerââ¬â¢s job, keep that intel to yoursel f.
Friday, February 14, 2020
International Accounting Essay Example | Topics and Well Written Essays - 1500 words
International Accounting - Essay Example Burberry Group Plc. is a multinational company which operates its business in the apparel sector of the textile industry. It is headquartered at London, United Kingdom and was founded in the year 1856 (Yahoo Finance, 2012a). Hennes & Mauritz AB is headquartered at Stockholm, Sweden and was founded in the year 1947. It is also engaged in the business of running retail stores in Sweden and abroad and offers different types of products which mainly includes apparels, footwear, cosmetics, etc. (Yahoo Finance, 2012b). Comparison of environmental disclosures in the annual reports Annual reports of a company are meant for the shareholders and different other stakeholders to help them in their decision making process. According to GRI, every public company is required to present their sustainability report referring to various environmental disclosures in their annual reports. Sustainability reports serve for the purpose of making the public organizations follow practices which would ensure their accountability and responsibilities towards their stakeholders. According to G3 sustainability report guidelines the performance indicators are broadly classified into three categories namely, Environmental, Economic and Social (GRI, n. d.). Six different aspects of the environmental disclosures as mentioned in the G3 sustainability report related to Burberry and H&M has been discussed in details as given below: Materials There are two environmental performance indicators mentioned in the G3 sustainability report that are related to the materials aspect. One such indicator is the materials used by a company in percentage terms that are recycled as input materials. This type of indicator has been devised to measure the ability of the organization to utilize its recycled input materials. If we look at the 2011 annual report of Burberry it can be observed that it has indicated its total recycled raw materials waste which has been recycled in 2011. However it is indicated in absol ute terms as 148 tons of raw materials waste recycled in 2011 (Burberry, 2012). Next the 2011 annual report of H&M indicates that no such indicators have been mentioned. It only talks about the companyââ¬â¢s commitment towards reducing wastes that are used in its various production processes. However no such absolute figures or percentage terms related to the amount of recycled waste materials utilized by the company has been disclosed in its annual report (H&M, 2012). Hence, it can be concluded that Burberry complied with the disclosure requirements related to the materials aspect of environmental disclosures but H&M did not comply with the same. Energy There are five environmental performance indicators mentioned in the G3 sustainability report that are related to the energy aspect. One such indicator is the initiatives taken up by an organization to result in increasing use of renewable sources of energy in an efficient manner to help in the reduction of the overall energy req uirements of the company. In accordance with this disclosure requirement the companies are required to report on their existing initiatives that helped for the cause of reducing the energy requirements of the major products produced by them. The 2011 annual report of Burberry indicates that the company has mentioned about some of
Saturday, February 1, 2020
Reflective Journal Coursework Example | Topics and Well Written Essays - 250 words
Reflective Journal - Coursework Example Accomplishment of leadership roles requires leaders to be equipped with the necessary skills for that purpose. Certo S. and Certo T. (2012) posit that a leader should have ability to delegate duties to the right persons to ensure work continues even when they are away. Secondly, effective communication skills enable leaders to describe clearly and succinctly the roles, requirements and procedures to their subjects (Salagean, IlieÃ
Ÿ, Gherman & Pampa, 2013). Thirdly, a leader should be confident in order to assure organisational stakeholders that setbacks are natural and the necessary objective is to focus on the larger goal for organisational prosperity. I believe accomplishing my goals with the help from a network of other people would be beneficial than struggling in my own. According to Latham (2014), people can identify other peopleââ¬â¢s strengths and weaknesses faster than they can identify their own. Using a network also encourages shared goals and outcomes in addition to beneficial contributions made by people with experience in leadership environments. I believe I am not perfect; therefore, I need other people to help me develop my leadership
Friday, January 24, 2020
Awareness in Boys and Girls by Alice Munro Essay example -- Boys and G
When children are faced with emotional events that challenge their ideas, they take another step on the road to being ââ¬Å"grown upâ⬠as they discover their identity. The short story ââ¬Å"Boys and Girlsâ⬠written by Alice Munro illustrates this coming of age by allowing us to follow the development of a young girl. We follow the main character, who narrates the story, as she changes from beginning to end. As the story opens, the narrator acts like a care free child, not paying heed to her gender. She then begins to react strongly to the way she is treated by her family and their expectations of her young womanhood. Once she realizes that some changes are inevitable she begins to adopt a new understanding of who she is which is evidence of a more mature way of thinking. This story demonstrates that difficult childhood experiences regarding gender contribute to a developing maturity and are frequently met with varying degrees of resistance. In the early parts of the story, the narrator behaves in a way that would be expected of a young child. She, along with her younger brother, finds Henry Bailey (the familyââ¬â¢s hired hand) to be quite amusing in his antics. She states that ââ¬Å"we admired [Henry] for [his] performance and for his ability to make his stomach growl at will, and for his laughter, which was full of high whistling and gurgling and involved the whole faulty machinery of his chestâ⬠(101). Being afraid of the dark is another experience that she and her brother share, and they fabricate rules that ââ¬Å"When the light was on, [they] were safe as long as [they] did not step off the square of worn carpet which defined [their] bedroom-spaceâ⬠(101). Children that are of a young age will often make up stories that reflect their s... ... let Flora run free, he ââ¬Å"[speaks] with resignation, even good humour, the words which absolved and dismissed [her] for good. ââ¬ËSheââ¬â¢s only a girlââ¬â¢ â⬠(114) to which she states ââ¬Å"I didnââ¬â¢t protest that, even in my heart. Maybe it was trueâ⬠(114). It is not an easy task for a child to understand the obligations that accompany their assigned gender, yet while they encounter difficulties processing these thoughts they are also achieving a greater sense of identity. Different stages of life consist of social rules that encode how one is to behave, however, it is not clearly defined when the transition should occur from young girl to young woman. It is not surprising that learning about gender roles and their associated responsibilities is not an easy part of a young childââ¬â¢s maturation and is often the result of a very emotionally charged collection of experiences.
Thursday, January 16, 2020
Interior Design
Art is all around us whether we see it hung up in an art gallery or have it in the space of our own homes. I've always been creative and just loved everything that had to do with design. Although as a young girl I never knew what I really wanted to do until about a year ago, I found my passion and knew at that instant what I wanted to do in life. Rearranging my room was always something I enjoyed doing I never realized it was going to be my passion in life until about a year ago when I planned with my husband how to locate and build the interior decoration in our house. I helped decide every step of the way from where it was going to be all the way to the design of the house to choosing colors and furniture. I enjoyed doing this every step of the way. Helping in designing the house wasn't a chore nor a job it was life for me. It was something I enjoyed doing everyday and looked forward to. I know that The Lebanese University, Faculty of Fine Arts can give me the tools I need to excel in the career of Interior Design. With the hands on education and professional teachings I know it will give me what I need to do great as an Interior Designer. It will give me everything I need to be successful and start my own business in interior design. The Lebanese University, Faculty of Fine Arts is where I want to be.
Wednesday, January 8, 2020
Living in the Past in Arthur Millers Death of a Salesman...
Arthur Miller, A play writer in the twentieth century, wrote a play entitled Death of a salesman that won him the Pulitzer Price just a year after its release. In the play Miller expresses the life of a 60 year old salesman that undergoes through lack of success in his life and sees the same thing happening ,to his two grown sons now in their mid-thirties, as the American dream faded away being replaced by capitalism in the late 1940s. The play starts of by introducing Willy Loman, the protagonist, and tells the story of the final twenty four hours in Willyââ¬â¢s life all the way to his death and funeral. Between that time laps the audience is able to see Willies past thanks to his constant daydreams, along with his sons past and wife andâ⬠¦show more contentâ⬠¦Willy is offered help by his friend Charley, a successful Business man, Willies all time friend and only friends he has left, when Charley offers Willy a job, yet willy full of pride and envious of Charley rejects it yet does not rejects it but continues to borrow money from him. This is due to Willies flaw in his desire of being higher in society than anyone else.Willy cannot let go of the past and continuously refers to 1928, when his career was at its peak. His withdrawal into the past is a defense mechanism as he refuses to come to terms with his failure as a salesman. His illusions of grandeur lead to fierce exaggerations of himself. He tells Biff to Go to Filenes go to the Hub, go to Slatterys, Boston. Call out the name Willy Loman and see what happens! Big shot! (Miller, 62). He refuses to realize his personal failures and falsely believes that he is successful. Memories of a happier past Willy losing a grip on reality and on time escapes into the past. Despite his desperate searching through his past, The deep probing of dreams and memories in Death of A Salesman where quite important in illustrating Millers point. Willy is a man stuck in the past reminiscing about times when things whe re good fabrication of those times really were as good as he imagines them to be? Like his inflated dreams of the future, the past may well be embellished by Willys wild imagination. It seemsShow MoreRelatedDeath Of A Salesman And The Glass Menagerie1452 Words à |à 6 Pagesintriguing concept. Arthur Millers (1949) Death of a Salesman and Tennessee Williams (1945) The Glass Menagerie both implement these concepts in different ways. Death of a Salesman is told through a man who is imagining his memories, while at the same time, living his everyday life. The Glass Menagerie similarly is being told through the narrator, Tom Wingfields memories, but not while he is living his present life. The characters in both stories similarly reminisce of the past because of their regretsRead MoreDeath of a Salesman by Arthur Miller1105 Words à |à 5 PagesIn the play, Death of A Salesman, Arthur Miller depicts the dissolution of the American family, as well as the decline of the prosperous lifestyles that defined past generations, illustrating the theme of American decadence. From page one, the idea is set in motion by Miller that ââ¬Å"the mighty have fallenâ⬠; that society clearly is no longer a place of opportunity. In this play, Miller puts forward the idea that opportunities of past generations in areas such as education and vocation are now nonexistentRead MoreWilly Loman: the Tragic Hero Essay1462 Words à |à 6 PagesArthur Miller made the comment that a tragic hero ââ¬Å"has the inherent unwillingness to remain passive in the face of what he conceives to be a challenge to his dignity.â⬠Nowhere is this more evident than in Millerââ¬â¢s play Death of a Salesman, where sale sman Willy Loman desperately struggles to regain a sense of dignity after experiencing a number of setbacks in his life. Despite not being able to provide for his family, Willy Loman continues the futile struggle to earn a living, which shows the despairRead More The American Dream Conspiracy in Death of a Salesman Essay1728 Words à |à 7 PagesArthur Millerââ¬â¢s Death of a Salesman tells the story of the failure of a salesman, Willy Loman. Although not all Americans are salesmen, most of us share Willyââ¬â¢s dream of success. We are all partners in the American Dream and parties to the conspiracy of silence surrounding the fact that failures must outnumber successes.(Samantaray, 2014) Miller amalgamates the archetypal tragic hero with the mundane American citizen. The result is the anti-hero, Willy Loman. He is a simple salesman who constantlyRead MoreWilly Loman And The American Dream Analysis1075 Words à |à 5 PagesDream In Arthur Millerââ¬â¢s play, Death of a Salesman, Willy Lomans pursuit of the American Dream is characterized by his selfishness, demonstrating how the American Dream can subtly turn into the American Nightmare. However, Willyââ¬â¢s role is quite important because he often led to failure through the creation of the American Dream and the real world. To fully understand the storyline of Willy Loman in Death of a Salesman, one must evaluate each member of the Loman family. The death of Willy LomanRead MoreThe American Dream and Death of a Salesman Essay937 Words à |à 4 Pagesproducts, big houses, and nice cars. Arthur Millerââ¬â¢s play Death of a Salesman supports most aspects of the idea that Americans are now preoccupied with getting rich easily, except for the fact that some characters in the book actually work hard. Matthew Warshauer claims that ââ¬Å"the aftermath of World War II exacerbated the ethical shift as a consumer culture blossomed and Americans became preoccupied with material goodsâ⬠(2). This is proven in Death of a Salesman, which takes place in the 1950s, rightRead More Dangers Behavior Exposed in Death of a Salesman Essay example1341 Words à |à 6 PagesDangers Behavior Exposed in Death of a Salesman à à à Everyone has personal problems that they must face. In the play, Death of a Salesman, the author, Arthur Miller, explores the ways in which some people deal with these problems. Miller reveals Willy Lowmanââ¬â¢s tendency to ignore problems as long as possible.à Willy never really does anything to help his situation; he just uses flashbacks to escape into the past.à à Through his flashbacks he returns to happier times when problems were scarceRead MoreAnalysis Of The Play Death Of A Salesman By Arthur Miller1612 Words à |à 7 Pages Selling More Than Just Merchandise The play, Death of a Salesman, by Arthur Miller explores topics that are parallel to the lives of the common man. This makes his play relevant during many different eras, as the central issues discussed correlate with struggles of everyday common people, no matter at what point in history the play is shown. This makes his play very versatile in nature as it can be shown throughout the decades. His play can be considered a classic story; one that cannot be forgottenRead MoreDeath Of A Salesman: Illusion In An American Tragedy Essay1738 Words à |à 7 PagesWhen the realities of life become too harsh, humankind has a natural tendency to choose the most convenient solution to his problem: illusion. They build dreams and fantasies to conceal the more difficult truths of their lives. In his play Death of a Salesman, Arthur Miller portrays the hold of such illusions on individuals and its horrible consequences. Through the overly average, overly typical Loman family, Miller shows how drea ms of a better life become, as Choudhuri put it, ââ¬Å"fantasies to the pointRead MoreArthur Miller s Death Of A Salesman1326 Words à |à 6 Pagesoften shows the relationship between past events and a characterââ¬â¢s present actions and values. In Arthur Millerââ¬â¢s Death of a Salesman, Willy is haunted by memories of his older brother, father, and salesman Dave Singleman. Willyââ¬â¢s character and values are constantly influenced by the memory of the three men, compounding upon his deliria throughout the play. Willy considers these men the epitome of success, thus explaining his dependency on all three. Millerââ¬â¢s view on society, men, and the success
Tuesday, December 31, 2019
Should College Be A High School - 853 Words
To Community or to State? One of the most daunting decision a high school senior must make, besides deciding on what to wear to their senior prom and how to leave their mark in school, is to make their final decision on what college they want to go. Some have already had their decision made the moment they received their admission letter, while others spend most of their day on weighing the pros and cons of each college before making that final decision. I, however, was the student that caught in the middle between these two types of students. At one point I was committed to going to a community college like Consumnes River College and Sacramento City College. I filled out the admission form, finished an hour-long online orientation, and was able to complete a last-minute meeting with a counselor at Sacramento City College. I was all set to enter the Los Rios Community Colleges until the final day to accept admission for California State Universities. On that day, I started to wonder if I was making the c orrect decision. So I spent that entire day re-evaluating the pros and cons for both colleges. Positives of Community and State Colleges One of the most important things I worried about for college was having to pay for it. Though I signed up and was qualified to receive financial aid, I was afraid that going to the state university would cause severe problems for my parents. Going to the community college would ease the amount of money needed to go toShow MoreRelatedShould College Be High School?849 Words à |à 4 PagesBefore coming to college, I was always in a rush to hurry up and graduate then enter college. During my highschool years I didn t spend any of my time with friends on school campus nor did I spent time getting to know people. I thought highschool was a complete waste of time and if i could zip through it and get good grades I would get high school over with at a fast pace. I did fairly well in high school zipping my way through, I thought that if I could do well in high school I should do better inRead MoreShould College Be High School?1287 Words à |à 6 PagesWhy does our parents urge us to go to college? After high school students can decide whether or not to go college, they are adults now are they not? Either decision made, high school graduates would need a job to have the income heading their way so that they can experience the joys of being an adult in the world. Of course is that student prepared to really face the world head on, to have all the impressive characteristics that makes businessââ¬â¢s want them or have the knowledge to start their ownRead MoreShould College Be High School?862 Words à |à 4 Pages This class is one of the most major events that has happened to me so far. Choosing to take college classes while Iââ¬â¢m in high school was a daunting decision. Iââ¬â¢ve heard my councilors say things along the lines of ââ¬Å"thatââ¬â¢s really braveâ⬠and ââ¬Å"good for you, getting a jumpstart on collegeâ⬠, but in reality, Iââ¬â¢m just trying to beat the clock. In all honesty, this assignment was really difficult. The first time I read the instructions, for whatever reason, I thought we were to write a five-page memoir aboutRead MoreShould College Degree Be A High School?1841 Words à |à 8 PagesCollege Degrees Just a few decades ago, having a high school education was considered a luxury and sometimes an unnecessary amount of education for some individuals. Once the amount of students attending high school rose, college seemed to be the next best course of action, however it still was not something that became absolutely necessary in our economy up until this decade. The amount of college graduates has risen, yet the number of students either dropping out of college or not even consideringRead MoreShould College Degree Be A High School Diploma?883 Words à |à 4 Pagestechnology advancing each day, many jobs in today s society require more than just a high school diploma. Writer Catherine Rampell says, ââ¬Å"A college degree, in other words, is becoming the new high school diploma: the minimum credential required to get even the most basic, entry-level jobâ⬠(The Washington Post). No matter what college degree one earns, there will be better opportunities available. Having a colleg e degree helps someone develop confidence, allows someone to become better off economicallyRead MoreShould College Degree Be A High School Diploma?882 Words à |à 4 Pagestechnology advancing each day, many jobs in todays society require more than just a high school diploma. Writer Catherine Rampell says, ââ¬Å"A college degree, in other words, is becoming the new high school diploma: the minimum credential required to get even the most basic, entry-level jobâ⬠(The Washington Post). No matter what college degree one earns, there will be better opportunities available. Having a college degree helps someone develop confidence, allows someone to become better off economicallyRead MoreCollege Should Be A Training Base For High School Degree1249 Words à |à 5 PagesMy dad always said, the higher education changes his life trail. When he was in high school heââ¬â¢s grade was dragged by English, although he was good at sciences, his GPA was debased. My grandparents urged him to find a job after he graduated high school immediately, but he thought he should master a specific professional skill to apply for a better occupation in the future. He didnââ¬â¢t listen to my grandparents, he attended to an entrance examination of a medical university and became a dentist afterRead MoreHigh School And College Should Have A Greater Chance For Success922 Words à |à 4 Pagesbetween high school and college should have a greater chance for successâ⬠(S.Hansen). Most of us spend 15 to 16 years in school to get to college. School plays a significant role in our life. We can do so much different things in school such as play sports, volunteer and extracurricular activities. High school and college are significantly different and they are also similar in some ways, for instance they are different academically and socially. College education is very expensive while high schoolRead MoreStudents Should Start Planning For College At The Beginning Of High School1443 Words à |à 6 Pagesprice of high education will rise. Itââ¬â¢s the dog that never catches its tail.â⬠Bennett asserts that while the prices of education are rising, they are not going to start falling as a result of, the amount the government puts in (Student Loan Quotes, 2015). The average student leaves college with an average of $35,000 of debt. With this debt, students have to put off major life decisions such as starting a family or buying a house, for the reason that their debt has accumulated from their college yearsRead More High School Athletes Should Consider College Over the NBA Essay1196 Words à |à 5 Pages In the last ten years many young and talented high school basketball players have chosen to enter the NBA draft. These 17 and 18 year olds decide to skip college, and instead they choose to take a big risk and enter the NBA, hoping to become stars and earn millions of dollars. In many cases, these youngstersââ¬â¢ careers are a failure because they donââ¬â¢t turn out as talented as they thought to be. They end up spending only a few seasons in the NBA because they are not good enough to compete at that
Monday, December 23, 2019
Hamlet And The Basic Human Need For Truth - 1478 Words
Hamlet and the Basic Human Need for Truth Marcus Aurelius is quoted as saying, ââ¬Å"Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.â⬠This idea is examined in William Shakespeareââ¬â¢s Hamlet, a play full of warmly delivered lies and completely intentional deceit. Hamlet himself shows how a life full of lies and deceit breeds a desire for something real. In the beginning of the play, authenticity is introduced as a rare trait and the Ghost reveals treachery to Hamlet setting him on a path that leads to his demise. Hamletââ¬â¢s actions are motivated by a search for something real and true in both his life and himself and in this search he comments on the nature of truth itself. Within Shakespeareââ¬â¢s Hamlet resides a strong theme of illusion and reality shown in the attention that is drawn to the seeming and being within the characters. The play itself is about acting because not only are actors required to act out the parts that are written, but also the characters themselves are acting. They put on a facade just as an actor assumes a role on the stage (Bloom 11). Rosencrantz and Guildenstern seem to be concerned friends. Instead, they are simply acting as such because they are charged by the king to find the origin of Hamletââ¬â¢s peculiar behavior. Gertrude seems to be the dutiful queen that married Claudius for the benefit of the kingdom itself while she has simply failed to grieve her husband, dishonored his memory by marring so soon afterShow MoreRelatedHamlets Obsession with Death1120 Words à |à 5 PagesDeath In Hamlet, William Shakespeare presents the main character Hamlet as a man who is fixated on death. Shakespeare uses this obsession to explore both Hamlets desire for revenge and his need for assurance. In the process, Shakespeare directs Hamlet to reflect on basic principles such as justice and truth by offering many examples of Hamlets compulsive behavior; as thoughts of death are never far from his mind. It is apparent that Hamlet is haunted by his fathers death. When Hamlet encountersRead MoreEssay on Hamlets Obsession with Death1065 Words à |à 5 PagesDeath In Hamlet, William Shakespeare presents the main character Hamlet as a man who is fixated on death. Shakespeare uses this obsession to explore both Hamlets desire for revenge and his need for assurance. In the process, Shakespeare directs Hamlet to reflect on basic principles such as justice and truth by offering many examples of Hamlets compulsive behavior; as thoughts of death are never far from his mind. It is apparent that Hamlet is haunted by his fathers death. When Hamlet encountersRead MoreShakespeares Hamlet: compare and contrast Hamlet vs. Laertes1410 Words à |à 6 Pagesuniqueness, style, and way of life. The audience witnesses this phenomenon in Shakespeares Hamlet. Lord Hamlet and Laertes experienced similar childhoods, and shared similar family attributes. They were both born into royalty and throughout their lives were treated as such. Hamlet and Laertes were reared with the same forms of schooling, and were taught to abide by the same ethics and morals. Although Haml et and Laertes seem to be twined with regard to family, royalty, and school, it is evidentRead MoreEssay about Etic vs. Emic Approaches in Anthropology1697 Words à |à 7 Pagesvalued. Learning empathy/sympathy and valuing each other leads to more harmony. Harmony brings happiness. Happiness is the ultimate life goal. To achieve happiness we need to use both the etic and emic techniques. Etic-orientated studies succeed because it analyzes the culture being studied based on the basic needs of humans such as food, water, shelter, etc. This can give a reason to why a culture might be capitalist based or socialist based. It always has a reasonable well thought out explanationRead MoreWilliam Shakespeare s Hamlet - A Corrupt And Chaotic World2078 Words à |à 9 PagesIn Shakespeareââ¬â¢s play Hamlet, a corrupt and chaotic world is illustrated through the through the portrayal of contrasting realms, the interior and exterior. Within in the play, Shakespeare illustrates the story of a Danish prince, Hamlet, whose uncle murders the Hamletââ¬â¢s father, marries his mother, and claims the throne leading to Hamletââ¬â¢s journey to avenge his father all coinciding with in the city of Elsinore. Simultaneously with Hamletââ¬â¢s journey Shakespeare juxtaposes a seemingly healthy exteriorRead MoreRelationship Between Language And Culture1596 Words à |à 7 Pagesby Bohannan, Laura and the episode of Star Trek ââ¬Å"Darmokâ⬠. Culture refers to values, norms, and beliefs. Our culture is seen through the lens of how we experience the world and how we develop in. Thereby people use language to response to cultural needs. The Impact of language in culture was first proposed by an American linguist and anthropologist named Edward Sapir and his student Benjamin Whorf, who both wanted to understand how language influences its culture. Together they both came up with theRead More Importance of Thinking in Troilus and Criseyde and Hamlet Essay3509 Words à |à 15 PagesImportance of Thinking in Troilus and Criseyde and Hamlet Troilus and Hamlet have much in common. Both have represented the quintessential tragic heroes of two literary periods. Both lovers, Troilus and Hamlet lose what they love despite their earth-shaking groans. Both are surrounded by traitors and are traitorous in kind. Both are embattled and--this is no secret--both die. But somewhere on that mortal coil on which they are both strung, they confront a similar question, a question whichRead MoreAnalysis of Hamlet Essay8190 Words à |à 33 Pagesappearance are unanswered. Horatio, the scholar and the skeptic, comes to test the report given by the simple soldiers. The empirical proof that Horatio seeks is there; the ghost appears and it is seen to have a specific identity, that of the deceased King Hamlet. But the reason for his presence is not disclosed and the men on the platform, confronted by the upsetting mystery, have to guess in the dark, literally and metaphorically. Unable to offer an explanation, Horatio sees the apparition in conventionRead More A Freudian Reading of Hamlet and Titus Andronicus Essay2542 Words à |à 11 PagesA Freudian Reading of Hamlet and Titus Andronicusà à à à In 1900 the eminent Austrian psychologist Sigmund Freud produced a seminal work entitled The Interpretation of Dreams which contains the idea that dreams allow psychic exploration of the soul, that dreams contain psychological meanings which can be arrived at by interpretation. Freud states that ââ¬Å"every dream will reveal itself as a psychological structure, full of significance, and one which may be assigned to a specific place in the psychicRead MoreThe Revenge Tragedy Of Hamlet Essay1976 Words à |à 8 PagesIssara Butt Professor Abbott English 102 November 30, 2016 The Revenge Tragedy of Hamlet Revenge tragedies share some common characteristics of the play Hamlet which classify them in the group of many great stories such as The Spanish Tragedy, and King Lear. A vengeful ghost, a play within a play, and the main character who seeks revenge on an opponent and murdered (KAY). At some point in life many of us feel the need to seek revenge and never actually act upon it, but what if we did? What would be
Saturday, December 14, 2019
North Face Free Essays
string(68) " papers after the financial statements and opinion has been issued\." Assignment 2: North Face Auditors are faced with the very difficult task of insuring the public, that in their opinion, the financial statements of their clients are accurate and free of any material misstatements. The problem is that materiality is a subjective figure. In the North Face case an immaterial revenue recognition entry ended up being material when compounded with additional misstatements. We will write a custom essay sample on North Face or any similar topic only for you Order Now North Face was the perpetrator of the intentional misstatements but they were concealed by the Deloitte audit advisor, Richard Fiedelman. Fiedelman allowed additional non-recognizable revenue to be posted and altered/replaced the original working papers that reported the original material misstatement. (Knapp, Rittenberg, Johnstone, Gramling, 2012) Several generally accepted accounting principles (GAAP) and generally accepted auditing standards (GAAS) were violated (In the Matter of Richard Fiedelman, 2003) resulting in declining stock prices and Security and Exchange Commission (SEC) sanctions. SEC Sanctioned Richard Fiedelman The SEC requires the all registrant working papers be reviewed by a partner that is not assigned to the engagement. When the Deloitte concurring partner found the discrepancies and misstated revenue they investigated further leading to the review and the ultimate discovery of the altered working papers. North Faceââ¬â¢s audit committee then retained a second accounting firm to investigate the accounting records which led to the SEC sanctioning Fiedelman. (Knapp, Rittenberg, Johnstone, Gramling, 2012) 1. The SEC sanctioned Richard Fiedelman for failing to document the changes that his subordinates had made in 1997 North Face work papers and for failing to exercise due professional care. Explain the SECââ¬â¢s rational in making each of these allegations. The SEC found that Fiedelman violated GAAP by allowing recognition of profit margin on the second barter transition and violated GAAS 150, 230, 326, and 338. (In the Matter of Richard Fiedelman, 2003) Failing to Document Work Paper Changes Per the several GAAS violations the SEC was right to sanction Fiedelman for failing to document the changes made to North Face working papers. AU 338 (339A) directs auditors on the importance of working papers. Working papers are the ââ¬Å"principal record of the work that the auditor has done and the conclusions that are reached concerning significant matters. â⬠(Public Company Accounitng Oversight Board, 1982) The working papers help insure that the audit engagement has been properly planned and adequately supervised. It is also the record of the audit evidence and procedures applied to the audit. Fiedelman also violated Auditing Standard No. 3 which is very clear that any changes must be documented. ââ¬Å"Circumstances may require additions to audit documentation after the report release date. Audit documentation must not be deleted or discarded after the documentation completion date, however, information may be added. Any documentation added must indicate the date the information was added, the name of the person who prepared the additional documentation, and the reason for adding it. â⬠(Public Accounting Oversight Board, 2004-06) When Fiedelman revised the 1997 work papers without the proper documentation he violated Standard No. 3 justifying the SEC sanction. Failing to Exercise Due Professional Care Fiedelman violated AU 150 and AU 326, failing to execute due professional care. AU 150 states that ââ¬Å"due professional care is to be exercised in the performance of the audit and the preparation of the report. â⬠(Public Accounitng Oversight Board, 2001) AU 230 explains that due professional care is ââ¬Å"employments where peculiar skill is requisite, if one offers his services, he is understood as holding himself out to the public as possessing the degree of skill commonly possessed by others in the same employment, and if his pretentions are unfounded, he commits a species of fraud upon every man who employs him in reliance on his public profession. â⬠It does state however that no one is free of error. Due professional care does not intend work to be free of error but free of negligence. (Public Accouniting Oversighe Board, 1972) Fiedelman violated the due professional care standard when he allowed the misstatement and margin recognition to be posted. The misstatement was already noted but he himself should have been aware that the margin was not permitted and that the misstatement should have been corrected. It is also concerning that the increased sales from $90,000 to $3. 9 million was not investigated more thoroughly, again indicating Fiedelmans lack of due professional care. Fiedelman also violated AU 326 Evidential Matter. With the violations of so many auditing standards the SEC had no other choice but to sanction Fiedelman. (Knapp, Rittenberg, Johnstone, Gramling, 2012) If there is no punishment for altering working papers auditors would fear no repercussions and they would alter the papers whenever they wanted reducing the publicââ¬â¢s assurance of financial statement accuracy SECââ¬â¢s Punishment The SEC punished Fiedelman by suspending him from being involved with audits of SEC clients for three years. 2. Take a position on the severity of the SECââ¬â¢s punishment of Richard Fiedelman of a three year suspension on being involved in the audits of SEC clients, support your position. The punishment was fair. The responsibility of an auditor is to insure financial statement users that they are free of any material misstatements. In this case Fiedelman made a conscious choice to allow North Face to post margin that should not have been realized, per GAAP. Fiedelman should not be allowed to practice with a public accounting firm until the SEC feels that he will not allow the same misstatements to happen again. In the Matter of Richard Fiedelman, 2003) In order to insure the public that the auditing profession is reliable this kind of punishment is necessary. Each case should be reviewed on an individual basis and if there is any question that the auditor will continue to allow misstatements they should be suspended from being involved with SEC clients. Modify Client Work Papers The PCAOB has very specific instructions that any additions or changes to audit documentation after the release date need to be documented. 3. Assuming that you are an audit manager in a public accounting firm. The engagement partner asks you to modify client work papers after the financial statements and opinion has been issued. You read "North Face" in category "Essay examples" Determine what you would do in this situation. Provide your rationale. If the partner is not asking me to hide the modification and the modification is necessary, per GAAP or audit principals, then I would make the modification. If the client partner is asking to have the papers modified without documentation, or the modification should not be done, I would not modify the work papers. Auditing standard No. 3 clearly states that any modification needs to be documented. Public Accounting Oversight Board, 2004-06) In the North Face case it does not indicate the personnel that altered the work papers were reprimanded, (Knapp, Rittenberg, Johnstone, Gramling, 2012) however as a manger if it is discovered that you altered work papers without documentation or necessity, even if there were no legal repercussions, it would hurt your reputation and ultimately affect your career. The decision analysis framework could be used in determining if it is necessary to notify another audit partner or the client audit committee about the request. I would not alter the papers but if no one is made aware of the advisorââ¬â¢s request they may get someone else to alter the work papers. In this case morality and ethics should be enough to prevent a manger from altering work papers, but it helps to have punishments in place to help deter unethical actions. Materiality Public accountants generally use qualitative analysis to determine the appropriate level of material misstatements. 4. Evaluate the practice of ââ¬Å"materialityâ⬠used by public accounting firms and how accounting firms should address it with clients. Materiality is based on the assumption a reasonable investor would not be influenced in investment decisions by a fluctuation in net income less than or equal to 5%. This ââ¬Å"5% ruleâ⬠remains the fundamental basis for working materiality estimates. â⬠(Vorhies, 2005) Since materiality is based on the fact that investors would not be influenced when immaterial misstatements are found, if the number s of immaterial misstatements are small they will not prevent an unqualified audit opinion. Large misstatements and a large number of small misstatements that could be considered one misstatement need to be corrected before an unqualified opinion can be issued. Since all misstatements are presented to management and the audit committee, how the misstatements need to be addressed should be discussed with them at that time on. If they refuse to make the corrections the auditor should refuse to issue an unqualified audit opinion. (Vorhies, 2005) It is important to remember that every misstatement needs to be analyzed for materiality. A small misstatement may not seem relevant but may be an indication of a larger aggregate or future misstatement. (Public Coumpany Accounting Oversight Board, 2010) North Face Management Auditors are not required to criticize key decisions made by their clients management team, that does not mean they should not use due professional care when analyzing management behavior. 5. North Faceââ¬â¢s management teams were criticized for strategic blunders that they made over the course of the companyââ¬â¢s history. Discuss whether auditors have a responsibility to assess the quality of the key decisions made by client executives. Defend your answer. When auditors are evaluating audit risks there are certain behaviors that should be analyzed. If management is refusing to cooperate, meet with, or puts unusual time constraints on the audit team it could indicate fraud. It is also important for the audit team to monitor managementââ¬â¢s tolerance of violations of the companyââ¬â¢s code of conduct, inconsistent accounting practices, or frequent changes to estimates for no reason. (Public Compaany Accouning Oversight Board, 2010) These can be key indications of managementââ¬â¢s character and ethics. In the case of North Face since management established a goal to reach $1 billion in sales the audit team should have been more critical of the sales, revenue, and margin that were posted. The audit manager should have used due professional care when analyzing the fact that North Face was having a hard time mainstreaming their product yet implemented this lofty goal. If fraud was going to occur it would likely be in the revenue/sales area. The first auditor engagement partner did catch the material misstatement but had these other considerations been taken into account the misstatement may have been investigated further. Even though it is not the responsibility of auditors to assess the quality of key decisions, by doing so they can gain valuable insight into how management thinks. Conclusion When auditing firms find financial misstatements it is important that they understand the materiality and reason behind the misstatements. The good thing that came out of this case is that the system worked. When the concurring partner reviewed the audit work papers the misstatement and revision was detected. The SEC sanctioned those responsible and even though the investors were affected they should feel some certainty that the system worked. References In the Matter of Richard Fiedelman. (2003, October 1). Retrieved November 4, 2012, from U. S. Securities and Exchange Commission: http://www. sec. gov/litigation/admin/34-48578. htm Accounitng Standards Oversight Board. (1980, August). AU Section 326. Retrieved November 4, 2012, from PCAOB: http://pcaobus. org/Standards/Auditing/Pages/AU326. aspx Knapp, Rittenberg, Johnstone, Gramling. (2012). Contemporary Auditing. Mason : Cengage Learning. Public Accouniting Oversighe Board. (1972, November). AU Section 230A. Retrieved November 4, 2012, from PCAOB: http://pcaobus. rg/Standards/Auditing/Pages/AU230A. aspx Public Accounitng Oversight Board. (2001, December 15). AU Section 150. Retrieved November 4, 2012, from PCAOB: http://pcaobus. org/Standards/Auditing/Pages/AU150. aspx Public Accounting Oversight Board. (2004-06). Auditing Standard No. 3. Retrieved October 28, 2012, from PCOAB: http://pcaobus. org/Standards/Auditing/Pages/Auditing_Standard_3. aspx#retentionandsubsequen tchanges Public Compaany Accouning Oversight Board. (2010, December 15). Auditing Standard No. 14. Retrieved November 4, 2012, from PCAPB: http://pcaobus. org/Standards/Auditing/Pages/Auditing_Standard_14. spx Public Company Accounitng Oversight Board. (1982, April 1). AU Section 339A. Retrieved November 4, 2012, from PCOAB: http://pcaobus. org/Standards/Auditing/Pages/AU339A. aspx Public Coumpany Accounting Oversight Board. (2010, December 15). Aditing Standard No. 11. Retrieved Novembe 4, 2012, from PCAOB: http://pcaobus. org/Standards/Auditing/Pages/Auditing_Standard_11. aspx Vorhies, J. B. (2005, May). The New Importance of Materiality . Retrieved November 4, 2012, from Journal of Accountancey: http://www. journalofaccountancy. com/Issues/2005/May/TheNewImportanceOfMateriality. htm How to cite North Face, Essay examples
Friday, December 6, 2019
Change Management Process And Strategies â⬠MyAssignmenthelp.com
Question: Discuss about the Change Management Process And Strategies. Answer: Introduction From the business context, thechange management process is the restructuring of the organization along with redefining the utilization of resources, allocating budget and making changes to the various operations to maintain flexibility and efficiency. The topic will illustrate how an effective framework is developed to create effects on the business processes and at the same time, ensure successful changes in the structure and culture of the organization with ease. The systematic approach toorganizational change management will make people adjust to changes and learn new skills, behaviors and knowledge and set expectations too (Hayes 2014). This will be effective for improving the communication and make sure to reduce the misinterpretation of information, furthermore remain committed to the changes without facing any issues associated with it. Change management strategies There are various organizationalchange management strategies implemented within the organizations to create good working conditions and even provide flexible benefits for the employees to perform to their potential. One of the majorchange management strategies could be agreeing to the common vision for implementing changes while a weak leader within an organization should be replaced with a person possessing string executive leadership. This would make them communicate the changes within the organization to the employees as well as make them understand the vision for implementing changes. It would also be important for the organizations to educate the employees and make them knowledgeable about the everyday activities responsible for changes and furthermore develop a concrete plan to determine the success or failure of the change process (Doppelt 2017). Through changes, the employees should be assigned with new roles and responsibilities, which could be facilitated by providing monet ary, non-monetary and social rewards to them. By implementing change management, it would be convenient for assessing and managing the risks at various levels and develop mitigation strategies based on those (Shirey 2013). Kotters change management model One of the most effective theories or models for implementing changes within the organizations could be the Kotters change management model. Eight steps are followed to implement changes within the organizations and develop a competitive workforce. The first step is to create a sense of urgency to make the individuals working at the organizations informed about what kinds of changes can be done and how to do it. This would also make the employees understand how they could be benefited, furthermore communicate with each other to form an effective team (Cameron and Green 2015). The second step is to form a team competent enough to manage the changes, furthermore obtain relevant skills, knowledge and expertise for organizing the structure of the team properly, and assign the roles and responsibilities to the employees accurately. It is important to create a vision during the change while the next step would be communicate the vision across the organization and influence people to discuss about the changes that should be implemented (Goetsch and Davis 2014). The fifth step would be to remove or overcome the obstacles and support the staffs to become resistant to changes, which could improve the team morale and performances of the employees. It to necessary to keep momentum to progress and full the requirements of the various stakeholders, furthermore allow the change to become mature with time and identify the gaps as well. Lastly, the changes should be integrated into the daily lives and working activities of the employees, which would improve the monitoring mechanisms and create a good culture where people could work in coordination and as a unit (Ashkenas 2013). Effectiveness of change management within the organization According to Van der Voet (2014), there are various benefits associated with the implementation of change management strategies and process on the public organizations, both in terms of leadership and organizational structure. The leadership could be transformational leadership and bureaucratic structure of the organization, both had been impacted due to the change management process (Van der Voet 2014). The willingness of the employees to change is associated with the planned and new change approaches while the transformational leadership style could make the companies adjust with the planned changes implemented. The transformational leadership could even create a positive impact on the change management process and allow the company to adapt to changes while the bureaucratic organizational structure could also sometimes limit the effects of transformation leadership (Hechanova and Cementina-Olpoc 2013). The implementation of change management process could also help in making the organizational adaptable to emergent and planned changes as well as create a good organizational structure and culture. According to Van der Voet (2014), the transformational leadership is influenced by the change management approach implemented and on the structure of the organization. It allows to supervise the employees and at the same time, manages planned process for change according to the change in non-bureaucratic context. Based on the responses provided by Van der Voet (2014), the leadership role of the transformational leaders could also enable changes and make the employees work together, in coordination to facilitate teamwork and accomplishment of goals and objectives within quick time and with much convenience (Van der Voet 2014). Once a change is implemented, it is important for the leader to make the employees informed about the changes and ensure successful business functioning. The transfor mational leadership should be useful for creating a future and a vision that is inspiring and at the same time allow the employees to know how to accomplish the objectives of the organization through proper change management (Cummings, Bridgman and Brown 2016). Impact of leadership in managing organizational change The transformational leaders possess a good charisma level and manage visionary leadership, because of which, the fundamental changes within the organizations are influenced and this helps in transforming the entire organization with ease and effectiveness. It is done by setting by setting a clear vision, managing social architects and developing a sense of trust and loyalty through creative deployment of own self. This would not only help in analyzing the processes and interaction, but would also empower the change agents to bring changes and improvements within the organization much more rapidly. According to Belias and Koustelios (2014), the leadership aspects have created an impact on both the change management and also on the culture of the organization. In case the organizations do not have a proper culture, improvements must be done through implementation of changes in the organizational culture to focus on transforming the entire business and improving the relationship status between the organizational members (Belias and Koustelios 2014). This would promote communication and coordination between the employees as well as manage transformation from a cultural point of view to ensure long term commitment. Belias and Koustelios (2014) stated that the transformational leadership could divide the change management process into the various areas of change to focus on specific features for the development of high quality relationships, improve the processes efficiency and maintain proper values and ethics too (Belias and Koustelios 2014). Transformational leadership could play a major role in influencing the business performance by making the employees informed about the goals and objectives, furthermore implementing new changes for rapid expansion of business along with gaining of abilities to respond to changes too. Thus, it could be stated that the transformational leadership played a major role in managing changes within the organization (Agrawal et al. 20 13). Models and theories for change management Lewins change management model The Lewins change management model could be used as it would ease down the approaches of managing changes within the organization and at the same time categorize the change process into three different stages including the unfreeze, making changes and lastly refreeze. The unfreeze stage would allow the company to understand the necessity of making changes and them unfreeze the present processes to estimate the results and how it could be achieved. The various steps along with human interaction should be analysed and it could overcome the mistakes and errors experienced in between (Verhulst and Lambrechts 2015). By unfreezing, the company would be able to perceive the upcoming changes and provide natural resistance, furthermore prepare the staffs to manage the changes and new components properly. As soon as everyone would be prepared for deploying the changes, they should be adapted to it. To facilitate changes, communication, support, acquisition of knowledge and skills are necessary for addressing the issue and adapt the new approaches. Meeting with the managers could improve the knowledge base as well as guide all throughout the process during change management. The refreeze stage would allow for measuring the effectiveness of changes and obtain constant reviews and feedbacks to ensure that the new methods are in progress (Lozano, Ceulemans and Seatter 2015). McKinsey 7S model Another most effective model for the change management process could be the McKinsey 7S model, which would analyze the effectiveness of changes managed within the company as well as highlight the changes to develop unison of approaches. The model considers the changes in strategy, organizational structure, systems, shared values, beliefs, skills and human resources. By implementing this model, the business organizations would be able to focus on the purpose and skills to be achieved for gaining competitive advantage (Della Torre and Solari 2013). This would also enable the company to become flexible and adapt to changes without creating hindrance during the progress. To maintain a proper organizational structure could help in determining the efficiency of changes in the organizational structure. This model would help in assessing the business systems through the inclusion of various business operations and processes and furthermore check whether any upgrading or new technology implem entation should be required or not (Paulsen et al. 2013). Though culture is not directly related to the management of changes, still the maintenance of a positive working culture could act as a powerful tool to link the values and culture to the changes implemented (Kash et al. 2014). It could improve the workforce efficiency and make people adapt to changes with ease and effectiveness. The staffs with relevant skills should be recruited and to implement further changes, filling the respective positions within the organizations should be done along with training and developmental programs provided to them. It could improve their level of skills, knowledge and expertise and make them adapt to the changes easily. Thus, it could be stated that the 7S model would identify the weaknesses and determine the areas where deployment of changes should be done. This would create a perfect business plan and enhance the ability of the organizations to remain flexible enough to the change management processes (Jansson 2013). Recommendations It is recommended to select the most appropriate agents at the beginning of the change management process for strengthening the communication and improving the problem solving skills. It is important to communicate the change management approaches to the staffs at various levels and ensure that the tea members work as a unit. Proper amount of time should be provided along with flexible time scheduling for making the right changes on time and implement incremental changes to make the organization function properly under pressure Recruitment of skilled and knowledgeable workers is recommended for integrating the changes and measuring progress all throughout. Employees should be informed about the changes in structure and culture and the leaders must motivate and encourage them to facilitate changes. Conclusion The report was prepared to discuss about the various aspects of change management process and how it created a positive impact on the organization through changes in structure, culture, strategy and business processes. Few of the major change management models used here were Kotters change management model, Lewins change management model and the McKinsey 7S model. All these theories and models were effective enough to make the organization flexible and adaptable to changes, furthermore could assist the organization to achieving the change management outcomes with ease and effectiveness. The transformation leadership style was managed according to situations, values, beliefs and assumptions made; rather it would allow the organization to focus on preventing failures and replicating business to create a number of choices, develop predictable situations for invention and creation of a better future. References Agrawal, H., Bassu, D., Jain, A. and Zbib, R., Tti Inventions C Llc, 2013.Methods and apparatus for implementing model-based software solution development and integrated change management. U.S. Patent 8,392,873. Ashkenas, R., 2013. Change management needs to change.Harvard Business Review,16(April). Belias, D. and Koustelios, A., 2014. The impact of leadership and change management strategy on organizational culture.European Scientific Journal, ESJ,10(7). Cameron, E. and Green, M., 2015.Making sense of change management: A complete guide to the models, tools and techniques of organizational change. Kogan Page Publishers. Cummings, S., Bridgman, T. and Brown, K.G., 2016. Unfreezing change as three steps: Rethinking Kurt Lewins legacy for change management.human relations,69(1), pp.33-60. Della Torre, E. and Solari, L., 2013. High-performance work systems and the change management process in medium-sized firms.The International Journal of Human Resource Management,24(13), pp.2583-2607. Doppelt, B., 2017.Leading change toward sustainability: A change-management guide for business, government and civil society. Routledge. Goetsch, D.L. and Davis, S.B., 2014.Quality management for organizational excellence. Upper Saddle River, NJ: pearson. Hayes, J., 2014.The theory and practice of change management. Palgrave Macmillan. Hechanova, R.M. and Cementina-Olpoc, R., 2013. Transformational leadership, change management, and commitment to change: A comparison of academic and business organizations.The Asia-Pacific Education Researcher,22(1), pp.11-19. Jansson, N., 2013. Organizational change as practice: a critical analysis.Journal of Organizational Change Management,26(6), pp.1003-1019. Kash, B.A., Spaulding, A., Johnson, C.E. and Gamm, L., 2014. Success factors for strategic change initiatives: A qualitative study of healthcare administrators' perspectives.Journal of Healthcare Management,59(1), pp.65-81. Lozano, R., Ceulemans, K. and Seatter, C.S., 2015. Teaching organisational change management for sustainability: designing and delivering a course at the University of Leeds to better prepare future sustainability change agents.Journal of Cleaner Production,106, pp.205-215. Paulsen, N., Callan, V.J., Ayoko, O. and Saunders, D., 2013. Transformational leadership and innovation in an RD organization experiencing major change.Journal of Organizational Change Management,26(3), pp.595-610. Shirey, M.R., 2013. Lewins theory of planned change as a strategic resource.Journal of Nursing Administration,43(2), pp.69-72. Van der Voet, J., 2014. The effectiveness and specificity of change management in a public organization: Transformational leadership and a bureaucratic organizational structure.European Management Journal,32(3), pp.373-382. Verhulst, E. and Lambrechts, W., 2015. Fostering the incorporation of sustainable development in higher education. Lessons learned from a change management perspective.Journal of Cleaner Production,106, pp.189-204.
Friday, November 29, 2019
The Natural Resource Curse
The natural resource curse affects countries with abundant natural resources. Studies done to investigate this phenomenon reveal several paradoxical issues relating the presence of natural resources in a country.Advertising We will write a custom essay sample on The Natural Resource Curse specifically for you for only $16.05 $11/page Learn More For instance, countries that rely on natural resources for budgetary financing seem to have an inverse economic growth in relation to the percentage of the national budget financed using natural wealth. This paper looks at the issue of the natural resource curse with a view of uncovering why some countries suffer from it, while others do not. Natural resources refer to endowments in mineral wealth, or naturally occurring plant and animal life. Mineral wealth in this case refers to mined substances such as precious metals, gemstones, or oil wealth. Some of these resources occur near the surface of the earth. In thi s case, the resource may not require mining in the conventional sense. Timber is one of the most valuable natural resources extracted from naturally occurring forests. The worldwide demand for timber is growing mainly because of increasing control and restriction on logging by authorities concerned with the conservation of nature. To a certain extent, the presence of animals such as elephants and rhinos makes a country vulnerable to natural resource issues related to the ivory trade. However, the significance of animal related natural wealth is reducing because of greater enforcement of animal protection legislation. The natural resource curse refers to the paradoxical situation where countries endowed with natural resources tend to suffer from poor economic growth, war, and poverty, more than countries not endowed with these resources. This is counter intuitive because the presence of natural resources should mean the availability of finances to bankroll development projects in a c ountry. However, many countries that have vast amounts of natural resources tend to suffer from slow economic growth, resource wars, and disproportionate levels of corruption. Scholars present various reasons for this situation that range from corruption, to weak governance.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Why Some Countries Suffer From the Natural Resource Curse There are many reasons why many countries suffer from the natural resource curse. This section examines the role of corruption, resource dependence, weak central governments, and the international business environment surrounding trade in natural resources. The nature of natural wealth is such that it is difficult to track the exact quantities produced and then delivered to markets. In addition, after the sale of the resources, it is difficult to track with accuracy the exact amount of money that eventually ends up in projects that are for the benefit of the country. Many times, governments do not control the actual mining or extraction operations of the natural resources in their territory. For instance, oil companies such as BP control mining operations in many territories around the world. This means that the governments cannot know with complete accuracy whether the quantities of oil mined by oil companies are the actual ones. It is also possible for a minister in charge of mining to collude with the company to defraud the country. Since the government trusts the minister to control and report on the operations of the company, the country ends up losing revenue. On the other end, after the mining companies extract and sell minerals in the international market, the money may not reach development projects in the country because of corruption within government. The second cause of the oil curse is resource dependence of countries endowed with natural resources. This especially affects oil-pr oducing nations. A good example is Nigeria where the country relies on oil and gas exports to fund more than eighty percent of its recurrent expenses. This overreliance on mineral wealth makes it difficult for the government to develop a sustainable tax base. Studies show that countries that do not have an effective tax net also tend to lack the capacity to address social issues in the country. Nigeriaââ¬â¢s reliance on its oil wealth is part of the causative factors of the social challenges espoused by the conflict in the Niger Delta. In addition, Nigeria is in no position to challenge the activities of oil companies when they fail to meet environmental stipulations simply because the government relies on these companies to generate its operating revenues.Advertising We will write a custom essay sample on The Natural Resource Curse specifically for you for only $16.05 $11/page Learn More This situation, compared to the America for instance is appall ing. America took strong action against BP after the Deep Water horizon oil spill. America does not rely on oil in the same terms as Nigeria. Therefore, it had the liberty to enforce its laws after the spill. Thirdly, weak governments amplify the negative effects of the resource curse. A weak government does not have the capacity to address the social ills in the country. This usually comes from ineffective planning, or inconsistent implementation. Any government that cannot guarantee the territorial integrity of the country, or does not have the power to manage social order, is weak. Countries with mineral wealth also tend to have rebel groups seeking to control mineral rich areas. For instance, rebellion in the Democratic Republic of Congo (DRC) takes place around mineral centers. No government in the DRC has gained control over the entire territory of the country. The fact that natural resources tend to occur in one region makes the resource rich areas easy targets of armed group s since they are easy to seize and control. Finally, the resource curse is a product of tilted international trading terms. For instance, OECD countries encourage the importation of raw material such as crude oil, but it discourages the importation of processed products. Importing processed products to the OECD is difficult because of a raft of tariff and non-tariff barriers. The net effect is that any country that wants to sell its natural resources to the OECD countries cannot establish a strong local manufacturing sector. The result is that the country remains dependent on the export of natural resources, while it imports equipment and finished products from its natural resource export destinations. How Countries Avoid the Natural Resource Curse Despite the strong indication that natural resources tend to bring more problems for some countries that solutions, there are examples of countries that seem to have avoided the curse. In this section, we look at three factors that contri bute to avoiding the natural resource curse. These factors are the presence of a strong central government, diversified economies, and diversified markets. Saudi Arabia is one of the largest oil producers in the world. Oil accounts for about fifty percent of its national budget, and is responsible for about ninety percent of its export revenues. As such, Saudi Arabia should be suffering from the oil curse. This is not the case. The country has one of the most stable governments in the Middle East.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More It did not suffer during the Arab spring and it does not have any formidable rebel groups operating within its territory. Its only exposure is from terrorists who loath the presence of American bases in the country. This is an ideological issue, rather than a resource one. The case of Saudi Arabia shows that a strong central government can avert the resource curse. The ability of the government to maintain territorial integrity is a key part of the process of avoiding the natural resource curse. It is also instructive to note that Saudi Arabia is not a western democracy. Rather it is a monarchy. Its laws are some of the harshest in the world especially in regards to issues of social harmony. The point here is that avoiding the resource curse is not a question of the type of government in place. Rather it is a factor of how strong the government is in the management of the country. The second way in which countries can avert the natural resource curse is by diversifying their economi es. A good case in point is Dubai, which is part of the UAE. Dubai struck oil in the mid twentieth century. The rulers of the city-state soon recognized that while the oil wealth was a great resource for the country, reliance on oil was not sustainable. This led to the development of economic plans that sought to transfer the oil wealth to other sectors of the economy. The goal of this move was to diversify the economic base of the country. The result of this is that Dubai is now an international trade hub, known more for its free port that for its oil. Oil is still an important part of the economic mix of the country, but even if the oil sector collapsed, the country will still be operational. Apart from its famous free port, Dubai is becoming a financial capital, a tourism hub, and a transport hub. Emirates Airlines, which is currently one of the largest airlines in the world operates from the United Arab Emirates (UAE). Apart from the diversification of the economic base of the c ountry, the UAE makes efforts to maintain social stability by ensuring all the citizens have access to quality education and healthcare. The third pillar in the effort to avoid the natural resource curse is diversifying the markets for the primary natural wealth. Diversifying the market for a countryââ¬â¢s natural wealth makes it possible for the country to develop other sectors of the economy, and to control the prices of the natural wealth. Instead of relying on exports to regions with many tariff and non-tariff barriers, it is better to develop new markets for finished products to create jobs locally. Kenya exports processed oil to its neighbors after importing crude from the Middle East. If Kenya had its own oil, then it would have the full benefits of oil extraction. In conclusion, the natural resource curse is not impossible to deal with. However, it takes strong leadership on the part of the country endowed with natural wealth to deal with the associated issues. In this se nse, the natural resource curse is really the product of bad leadership in the midst of abundance. Works Cited Bannon, Ian and Paul Collier. ââ¬Å"Natural Resources and Conflict: What We Can Do.â⬠Bannon, Ian and Paul Collier. Natural Resources and Violent Conflict: Options and Actions. Washington DC: The World Bank, 2003. 1-16. Print. Chapin, Rosemary. Social Policy for Effective Practice: A Strengths Approach. New York: Francis Taylor, 2010. Print. Deloitte. 2011 Survey of the UAE Healthcare Sector Opportunities and Challenges for Private Providers. Survey Report. London: Deloitte, 2011. Print. Mwanika, Phillip Arthur Njuguna. ââ¬Å"Natural Resources Conflict.â⬠ISS Paper 216 September 2010: 1-12. Print. Ross, Michaeal. ââ¬Å"The Natural Resource Curse: How Wealth Can Make You Poor.â⬠Bannon, Ian and Paul Collier. Natural Resources and Violent Conflicts: Options and Actions. Washington DC: World Bank, 2003. 17-42. Print. Schnurr, Matthew A and Larry A Swatuk. Na tural Resources and Social Conflict: Towards Critical Environmental Security. New York: Palgrave Macmillan, 2012. Print. This essay on The Natural Resource Curse was written and submitted by user Brooklynn K. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
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