Wednesday, May 6, 2020
William Shakespeare s Romeo And Juliet - 794 Words
Romeo and Juliet Essay Itââ¬â¢s hard to search past the blinding flashes of Romeo and Julietââ¬â¢s demise; it says so in the first couple lines of the play. But there s much more to the dramatic story than holding your breath against the inevitable. Within the structure of the building that is the play, there is symmetry, an almost reflection. The image is a part of the whole which is the tones and structure of the play. One of those reflections is the bright yellow of a party and the inky depth of blue the funeral possesses on the other side of the play. The tale of the two lovers at first seems to rush quite quickly, yet still seeming controlled. When they meet at the party the two seem so perpetually attracted that the the tone is almost lost because time suddenly slows. The joy in the party is subtly incorporated into the characters speech when they talk to each other. Lord Capulet addressing the party and revealing how exuberated he is over the party s excellence then begins talking to cousin Capulet,ââ¬Å" A hall, a hall, give room!-And foot it girls.- More light, you knaves, and turn the tables up, And quench the fire; the room is grown too hot.-Ah, sirrah, this unlooked-for sport comes well.-Nay, sit, nay, sit, good cousin Capulet, for you and I are past our dancing days. How long isââ¬â¢t now since last yourself and I were in a mask./Byââ¬â¢r Lady, thirty years/What, man, ââ¬Ëit s not so much, ââ¬Ëit s not so much. ââ¬ËTis since the nuptial of [Lucentio,] Come Pentecost as quickly as itShow MoreRelatedWilliam Shakespeare s Romeo And Juliet1287 Words à |à 6 PagesLizzy Baginski English Composition 2 Mr. Spera March 10, 2015 Romeo and Juliet Research Paper The movie Romeo and Juliet is a modern classic film that took place in 1996. Overall this is a timeless story that everyone should go and watch. This movie has an intriguing plot line that tells the story of two feuding families, The Montagues and The Capulets, and how the children of these two different families fall in love. The two children overcome various obstacles such as hiding their chemistry fromRead MoreWilliam Shakespeare s Romeo And Juliet 966 Words à |à 4 Pages Beauty Over Gold ââ¬Å"Beauty provoketh thieves sooner than gold.--William Shakespeare, 1623. In his book As You Like It, William Shakespeare pointed out the supremacy of love rather than the want of gold and wealth. Truly, beauty is more important to thieves than wealth. Many of the thieves in this world would rather have an elegant woman than to obtain precious rubies. After all, what good is a prosperous man if he doesnââ¬â¢t have a charming woman? Two famous men grab my attention who didnââ¬â¢t fear forRead MoreWilliam Shakespeare s Romeo And Juliet Essay1024 Words à |à 5 PagesRomeo and Juliet is a tragedy written by William Shakespeare early in his career about two young star-crossed lovers whose deaths ultimately reconcile their feuding families. It was among Shakespeare s most popular plays during his lifetime and, along with Hamlet, is one of his most frequently performed plays. Today, the title characters are regarded as archetypal young lovers. Romeo and Juliet belongs to a tradition of tragic romances stretching back to antiquity. The plot is based on an ItalianRead MoreWilliam Shakespeare s Romeo And Juliet1124 Words à |à 5 PagesThe play Romeo and Juliet is a tragedy written by William Shakespeare early in his career about two young star-crossed lovers whose deaths ultimately reconcile their feuding families. It was among Shakespeare s most popular plays during his lifetime and, along with Hamlet, is one of his most frequently performed plays. Today, the title characters are regarded as archetypal young lovers. Romeo and Juliet belongs to a tradition of tragic romances stretching back to antiquity. Its plot is based onRead MoreWilliam Shakespeare s Romeo And Juliet861 Words à |à 4 Pagesgreatly shown in the play Romeo and Juliet by William Shakespeare. It was love at first sight with Romeo Montague and Juliet Capulet. Meeting at a party and falling in love to get married without even spending quality time with each other. Romeo and Juliet couldn t tell there parents because the Capulets and Montagues are long term rivals. Both Romeo and Juliet had to find different ways and excuses to make this marriage work. A big problem was developed. Romeo kills Juliet s cousin and is banishedRead MoreWilliam Shakespeare s Romeo And Juliet1770 Words à |à 8 Pagesof Romeo and Juliet. The story of two destined lovers who were killed by their own doing. But what if they weren t two destined lovers who got unlucky, but doomed partners that were never going to have a good-life to begin with.William Sha kespeare gives us a view of early signs of gang conflict in the early age of Verona, Italy. He gives us a perspective of the norms and customs of Italy during the Setting of William Shakespeare s most famous story. Romeo and Juliet, by William Shakespeare, givesRead MoreWilliam Shakespeare s Romeo And Juliet1616 Words à |à 7 Pageslove can also cause some of life s most controversial battles. These battles could stem from lack of patience, disagreement of moral values, and in some cases, an absence of attraction overall. In Romeo and Juliet by William Shakespeare, the issues that drive Romeo Montague and Juliet Capulet s to each of their dreadful misfortunes are inevitable. When it comes to many of Shakespeare s plays, Aristotle s theory is used to describe them as tragedies. Romeo and Juliet is known by many as a tragedyRead MoreWilliam Shakespeare s Romeo And Juliet1264 Words à |à 6 Pagestheater-going public the most important dramatist in English literature, Shakespeare oc cupies a well-known position in the world of talented authors. His canon contains thirty-seven plays, written in the late sixteenth and early seventeenth centuries. Additionally, throughout the years, they continue to sustain critical attention, with the majority of his works circling tragedies, one being Romeo and Juliet. William Shakespeare s Romeo and Juliet speaks to the timeless appeal of star-crossed lovers. Their loveRead MoreWilliam Shakespeare s Romeo And Juliet924 Words à |à 4 PagesWilliam Shakespeareââ¬â¢s Romeo and Juliet is a tragedy that follows the so-called love of two teenagers. The two fall in love at a masked ball and have a secret marriage. Throughout the play, their actions show how ridiculous love is, and how it is a danger to anyone who become twisted in its choking grasp. However, in the death of the youth and survival of the elders, an alternative explanation for the tragic events may be found. Although Shakespeare seems to be mocking love throughout the play, itRead MoreWilliam Shakespeare s Romeo And Juliet1279 Words à |à 6 Pagesour lives. The great, classic writers teach timeless, valuable life skills. Shakespeare was the greatest writer of all time. His writings mainly consisted of dramas and sonnets. Romeo and Juliet, as well as, A MIdsummer Nightââ¬â¢s Dream were written about the same time period. He was able to inter relate everything that wrote. For example, the tale of Pyramus and Thisbe could possibly be an advertisement for Romeo and Juliet. The basic structure of the two dramas is the same; two forbidden lovers meet
President Buddha Free Essays
Buddhism states that Amitabha did not in fact create the world; this is because the world is so impure and detestable and Amitabha is far superior and perfect to ever have created the world. In a government run by this Buddhist belief it would be a continuous effort being made to reiterate the fact that the world is evil and a lot would be done in order to try and purify this state of being. Thus, a lot would change in a government run with the Buddhist belief: From healthcare to employment, the changes of such a society would be immense and drastic. We will write a custom essay sample on President Buddha or any similar topic only for you Order Now The main belief of Buddhist is a state of Nirvana, and it is with this state that the rules governing the country would be based. This paper will explore the hypothesis of a Buddhist government, the changes it would make, and how it would affect the lives of the citizenry from their jobs to what is held sacred in this world. Buddhism is based on the teaching of Siddhartha, who is known universally as Buddha (Delahunt, 2006). In the Buddhist belief, suffering is a part of life, not an emotion or state of being outside of the natural world. In the ancient Buddhist teachings, suffering can be superceded or be traversed by the Buddhist student who acquires mental and moral self-purification (Delahunt). Thus, a government based on Buddhist beliefs would have campaign slogans and propaganda commercials illustrating the belief that although one is suffering now with gas prices, war, poor health care and lack of job security, can all be overcome with meditation and proper spiritual guidance. Therefore in a Buddhist government part of the health care system would offer spiritual therapy in order to come to this spiritual enlightenment. Since the philosophy of Buddhism requires an abandonment of material possessions, the earthly life is transitory. Therefore, the market industry under a Buddhist run government would have a failing import export scenario but on the other hand the country would be self-sufficient and harvest their own necessary food supplies which would definitely bring job security to farmers. A major issue that would arise from this would be corporate run farms and the individual farmer; it would seem that individual farmers would be the main occupation of the worker under this government. Buddhism does not render revelation to be intrinsically involved in their religion because God knows all and this knowledge is passed on to them, , ââ¬Å"In the Buddhist scriptures, there is something remarkably indistinct and evanescent; there is the spirit of the disintegration, of the dispersal of individuality. The I does not act resolutely. â⬠(Otto 97). In Buddhism, sickness would heal itself through death and when Nirvana was reached, such earthly trivialities would be of no concern. Corpulent emotions and feelings would be annihilated in Nirvana while in heaven an over flooding of love and forgiveness would be the reality. In this line of thinking health insurance would have a drastically low rate of sales since death was conceptualized as an extension of life, and the profit margin on this would have no lasting effect on a Buddhist government since material possessions such as money or items money can buy would become un-important the general psyche and welfare of the people. Bibliography Delahunt, Michael. Buddhist Art. 2006. http://www. artlex. com/ArtLex/b/Buddhism. html Otto, Rudolf. Buddhism and Christianity Compared and Contrasted. Ed. Trans. Philip C. Almond. University of Hawaii. 1984. Ser-Odjav, Namsrain. (March, 1986). Treasures of Mongolia. UNESCO Courier. http://www. findarticles. com/p/articles/mi_m1310/is_1986_March/ai_4153135 How to cite President Buddha, Papers
Proposed changes to the lease accounting - MyAssignmenthelp.com
Questions: 1. From your firms annual report find out the asset/s that your firm has tested for impairment. 2. How did your firm conduct the impairment testing? 3.Has your firm recorded any impairment expenditures during the period? 4.Identify the key estimates and assumptions used by your firm in conducting the impairment testing. 5. Do you find any sort of subjectivity involved in the impairment testing process? How can this subjectivity influence the outcome of the impairment testing? 6. What do you find interesting, confusing, surprising or difficult to understand about the impairment testing? 7.What new insights, if any, have you gained about how companies conduct impairment testing? 8. Based on your assignment, comment on the fair value measurement. Answers: Answers 1 The company Pacific Star Network Limited has been allocated. The company is based in the Melbourne and is a listed company listed in the Australian Stock Exchange. For deep understanding and the analysis of the impairment testing the annual report for the financial year ending thirty of June two thousand seventeen has been selected. The annual report contains the directors responsibility statement, financial statements containing the balance sheet, profit and loss account and the notes to the financial statements and the independent auditors report. For the purpose of the analysis, the main focus will be on the consolidated profit and loss account and the notes to the account forming part of the financial statements of the company for the year under consideration. As per thirteen note number and the three note number, the company has tested the following assets for the purpose of the impairment. These are: Goodwill of the company. As the goodwill of the company is not amortized but impaired in accordance with the relevant accounting standard. Intangibles assets of the company the major intangible assets in the consideration are the masthead. The other intangibles are radio licenses, patents and trademarks, website of the company, inside football masthead, goodwill obtained on the acquisition or the business combination and customer relationships. Financial assets and the financial instruments of the company. These include the loans and advances which are recoverable in cash or in kind during the normal course of the business and include the receivable on account of the sundry debtors which has been classified under the head of trade and other receivables. Property plant and equipment of the company as specified separately in note number ten of the financial statements of the company. It includes studio facilities, computer equipment, motor vehicles, office equipment, plant and equipment and improvements. Lastly the investment made by the company during the year under consideration or and that too by using the equity method of accounting of the investments as prescribed the accounting standard. Answers 2 The annual report of the company has not only provided as to how the impairment of assets have been tested but have also provided that how the company has tested for the impairment of the assets at all the levels. The details of the procedure are given below as mentioned in the annual report of the company: At first the impairment is defined as the excess of the carrying amount of the asset at the particular date over the recoverable amount of that particular asset. The carrying amount is equivalent to the amount as carried in the financial statements at the particular date. The recoverable amount is defined as the amount equivalent to the higher of the two figures. These are value in use and the net selling price. Value in use is equivalent to the amount that is obtained by discounting the cash flows of the company that has been estimated for the future years at the discounting rate and includes the discounted value of the terminal value of the asset at the end of its useful period. Net selling price is the amount equivalent to the receipts available after deducting all the expenses pertaining to the sale of that asset. Where the individual assets are identified as being not capable of producing or generating the cash flows on their independent basis then the assets are allocated according to the cash generating units through which the capability of generating the cash flows can be estimated easily (AASB, 2016). At first, for the impairment testing of the property plant and equipment, the company has adopted the value in use and has estimated the cash flows on the basis of the business projections as duly approved in the board meeting of the board of directors of the company. It has been identified that the carrying amount as stated is not in excess of the recoverable amount and thus impairment has not been charged. Secondly, the intangibles have been tested for the purpose of the impairment. As the intangibles are not capable of producing the income on its own therefore the company has identified the two main cash generating units. These are broadcasting cash generating units and other one is publishing cash generating units. Under the first cash generating units, the company has clubbed radio licenses and under the second cash generating unit the company has clubbed remaining intangibles including the publications, journals and slow and inside football. Thirdly, the trade receivables and the other receivables have been tested on the basis of the time period within which it will be received. The company has defined the ageing schedule of the debtors and accordingly has identified which receivables shall be treated as impaired. Impaired is not in equivalent terms with the term of bad debts. The major consideration is in respect of the two types of risks namely credit risk and the other one is liquidity risk. In this way, the company has prescribed the procedure for the impairment test and has tested accordingly. Answers 3 In parlance with the annual report of the company for the year under consideration, the company has reported the figures of the impairment of assets under the following heads: Goodwill of the company has been impaired by $7442 thousands in the financial year ending 2017 as compared to Nil in the previous financial year ending 2016. The goodwill impairment has been charged on the major acquisition of Morris Media made by the company in the previous financial year and impairment charged in the current financial year (Company Official Website, 2017). Masthead being an intangible of the company has been impaired by $797 thousands in the financial year ending 2017 as compared to Nil in the previous financial year ending 2016. The intangible is known by the name of Inside Football masthead. In the current financial year under consideration, $40 thousands have been charged for the impairment of the trade and other receivables as compared to $157 as charged in the previous financial year. In the case of the property plant and equipment the company has not charged for any impairment as the carrying amount is lesser than the recoverable amount (Company Official Website, 2017). Answers 4 The company has listed the following key assumptions and the estimates as required for the purpose of the testing of impairment. These have been listed as below: In the annual report of the company, under the note relating to the intangible assets of the company bearing number thirteen, the key assumptions that the company has adopted have been listed. These includes two broad and major headings Value in use for broad casting cash generating unit and other one is Value in use for publishing cash generating unit. Value in use for broad casting cash generating unit relating to the radio licenses the company has made the assumption that the net cash flows before the tax will continue for the future years at the annual growth rate of 2.3 percent and that too on year on year basis. The second assumption is regarding the discounting rate used for discounting the cash flows and accordingly weighted average cost of capital has been used which is 17 percent. Value in use for publishing cash generating unit relating to mastheads, brands and the customer relationships and also for the goodwill, two assumptions have been used. The net cash flows estimated from the magazine division will decrease by 10 percent on year on year basis and discount rate pre tax will be used and which will be 23 percent as equivalent to the weighted average cost of capital (Company Official Website, 2017). The cash flows as estimated for future depends upon the projections for the next two passed by the board of the company and for the next subsequent years the cash flows will be using the growth rates for estimating the cash flows and that too ranges from 2.3 percent positive to the figure of 10 percent negative. For the purpose of the impairment of the receivables, the four slabs have been made for bifurcation and according to the risk and the debtors ageing the impairment is charged. These slabs are less than six months, less than twelve months, between one to five year and lastly greater than five years (Company Official Website, 2017). Answers 5 In the given case, it is observed that there is the subjectivity involved in the testing of impairment of assets. The degree of the subjectivity cannot be ascertained in accurate manner but the degree has further been confirmed when the independent auditor of the company has commented on the value in use as determined by the company for their cash generating units as the key audit matter which is required to be disclosed so as to educate the investors of the company and their stakeholders. Secondly, the company has not made any impairment of the property plant and equipment and has also not given the detailed calculations of the same. These will greatly affect the decision of the investors and the stakeholders of the company. Answers 6 The impairment testing of the intangibles that the company has adopted is very interesting for me. It is because the cash generating unit so selected by the company is in direct consonance with the intangibles assets so concerned like broadcasting deals with radio licenses and publishing with journals. Secondly the assumptions that the company has made for determining the value in use is real and sounds logical and interesting as two different discounting rates have been used for different cash generating units. Its surprising in the sense that whole of the goodwill of the company amounting to $7442 thousands have been impaired during the year and the same has been acquired in the previous financial year. Answers 7 The new insight that has been gained about the impairment testing is that the company can impair whole of its goodwill of the company in the particular year depending upon the facts and the circumstances of the case. Secondly the company can use two discounting rates for the calculation of the value in use of the assets for each of the cash generating units. Answers 8 At first the company has mentioned in the annual report of the company that the Australian accounting standard number nine on the financial instruments will be applicable on or after first of January two thousand and eighteen and accordingly the fair value determination in accordance with the standard will be dealt in the next financial year. Secondly, the company has mentioned that the revenues have been recognized at the fair value of the consideration that has been received or will be receivable. Authenticity of lease agreement in terms of financial transactions lacks the economic reality. This fact can be substantiating with the accounting treatment prescribed in the earlier accounting rules on leases by IASB. The major fact of hiding the reality is the treatment of operating lease payments and debts in the financial statements of the company as they are recorded as not measurable in financial terms liability in the financial accounts as contingent liability (Ely, 2015). Recording of debt in this manner creates the misleading picture of the companys financial in the eyes of the stakeholders by having high net worth of the company. Another fact which supports that the economic reality is lacking in former accounting standard on leases is treatment of leaseback arrangements. In this type of lease agreement although ownership and rewards never transferred to the lessee but the lessee have the advantage to use the lease asset for its major life which in turns to have the financi al benefit without having legal benefits on the lease assets. Thus, the piece of information used by chairperson in his commentary about lacking of economic reality seems true (Day and Stuart, 2013). Lease agreements are very famous amount different business and find their place at highest levels in airlines and retail sectors. Lease agreements are of mainly two types. One is operating lease and another is financial lease. The earlier accounting standard issued by IASB or IFRS organizations suggests that the operating lease were not recorded in the balance sheet or books of accounts. They were presented in books of accounts as information under Note to accounts in the form of conditional liability which will depend on future event. This situation attracts the business to have more operating lease agreements which will around 85% of the total leases agreement at one point of time (Singh, 2011). Although operating leases are recorded as off the balance sheet debts but they will become actual liabilities for companies in future. This fact creates the situation of bankruptcy for some major airlines and retail companies as their operating leases commitments will become higher and the balance sheet of the company looks positive without these liabilities. And at the time leading to bankruptcy the off the balance sheet commitments of these company will 66 times higher than the actual reported commitment in the balance sheet (Ma, 2011). One of the major deficiency in the former accounting standard on leases creates be short of comparability among the companies operating in same sector like airline sector or retail sector where lease contracts are majorly taken place (Singer, 2017). The accounting treatment of lessor and lessee in case lease airline fleet is very different under earlier standard despite of the fact that their actual financial commitments are same. Thus, it carets the situation of no playing fields available for some airlines while having decisions on the basis of inter comparison financial results (Gross, 2014). The changes and new accounting standard on leases will lacks the attractiveness to different business or sectors that are into lease contracts. More than 50% of the listed companies in Australia are having huge no of the lease contracts will be affected and will not able to take advantages with ambiguity in former law on lease. An accounting treatment change are generally contentious in nature and lacks the reality at economic and financial levels which affects debt reporting in the company having lease agreements (Lim, 2014). Also the cost of implementing the changes into the system will discourage the different people or companies not to follow the new changes in accounting of lease contracts (Knubley, 2010; Moore and Nagy, 2013). The lease agreement after implementation of new changes helps different stakeholders in like investors and management in the sense that lease contracts will helps them to have economic reality along financial reality and the true asset value can be determine for having correct decision about the contract of lease (FASB, 2016). Reference AASB, (2016), Impairment of Assets available at https://www.aasb.gov.au/admin/file/content105/c9/AASB136_07-04_COMPjun09_01-10.pdf accessed on {23-01-2018}. AASB, (2016), Financial Instruments: Recognition and Measurement available at https://www.aasb.gov.au/admin/file/content105/c9/AASB139_07-04_COMPoct10_01-11.pdf accessed on {23-01-2018}. Company Official Website, (2017), Annual Report 2016, available on https://www.pacificstarnetwork.com.au/accessed on {23/01/2018}. Day, R. and Stuart, R., (2013), New lease accounting proposal: what it means and what companies can do to prepare.Financial Executive,29(6), pp.11-13. FASB, (2016), New Guidance on Lease Accounting available at https://www.fasb.org/jsp/FASB/FASBContent_C/NewsPagecid=1176167901466 accessed on {23/01/2018}. Ely, K.M., (2015), Operating lease accounting and the market's assessment of equity risk.Journal of Accounting Research, pp.397-415 Gross, A.D, (2014). The path of lease resistance: How changes to lease accounting treatment may impact your business.Business Horizons,57(6), pp.759-765. Knubley, R., (2010). Proposed changes to lease accounting.Journal of Property Investment Finance,28(5), pp.322-327 Lim, S.C., (2014), Market Recognition of the Accounting Disclosure and Economic Benefits of Operating Leases: Evidence from Borrowing Costs and Credit Ratings. Ma W, (2011), Impact on Financial Statements of New Accounting model for leases available at https://digitalcommons.uconn.edu/cgi/viewcontent.cgi?article=1194context=srhonors_theses accessed on {23/01/2018} Moore, S. and Nagy, A., (2013), CONTRACT STRUCTURING UNDER THE NEW LEASE ACCOUNTING RULES: THE CASE OF CUSTOM DESIGN RETAIL, INC.Global Perspectives on Accounting Education,10, p.81 Singer, R, ( 2017), Accountinq for Leases Under the New Standard, Part 1: Definition and Classification of Leases and Lessee Accounting.CPA Journal,87(8). Singh, A.,( 2011). A restaurant case study of lease accounting impacts of proposed changes in lease accounting rules.International Journal of Contemporary Hospitality Management,23(6), pp.820-839.
Monday, April 27, 2020
Making it Big Case Study
Table of Contents Introduction Identification of key elements of MIB strategy Identification of the strategies MIB uses Evidences that the strategy is or is not working Conclusion Works Cited Introduction Building strategies is necessary for efficient running of any business Company. The kind of strategy built and implemented determines the level of progress within the Company. Strategies are usually built based on various conditions which may include; the current status of the Company, the Companyââ¬â¢s policies and ability to focus ahead based on competitive moves and business approaches.Advertising We will write a custom essay sample on Making it Big Case Study specifically for you for only $16.05 $11/page Learn More The companyââ¬â¢s management must have action plan that enables them have competitive advantage over other related companies within the industry. This case study focuses on the strategies that Make It Big Company took for the pu rposes of increasing the Companyââ¬â¢s market share and stabilizing its financial base. The effects and implications of the chosen strategies are explored based on business and marketing principles (Winn 185-196). Identification of key elements of MIB strategy One of Make It Big (MIB) Companyââ¬â¢s strategies used to bring back customers is the use of mail order roster and increased use of internet where the Companyââ¬â¢s product portfolio is posted. The company also embarked on printing more catalogs and went into the business of exchanging mailing lists with other companies. All the strategies applied by MIB focused on growth of the business, attracting more buyers, achieving specific performance targets and also for the purposes of effective competition within the market. Strategies used in the initial stages were based on independent decision making. This was done by MIB CEO. She never made any consultations because she believed in her own leadership capabilities (Winn 185). MIB focused on operations-driven activities which enabled achievement of its goal. These activities included means through which quality of products could be improved, reinforcement of customer service relations and the processes undertaken on resource management (Winn 185-190). The selection of the management team in MIB was basically based on experience and educational background (Winn 194). Identification of the strategies MIB uses Make It Big Company used the idea of partnership, mail order concept and catalogs in accomplishing its goals. The Companyââ¬â¢s targets were the fat and oversize women within the society. This shifted their focus to making clothes that could serve the interests of fat people besides making them attractive and more acceptable within the community. The companyââ¬â¢s strategy included some political aspect that fought against discrimination based on peopleââ¬â¢s body size. The strategy focused on improving the self-esteem of the oversize wo men by providing them with comfortable type of clothing.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The company also focused on using skilled employees, for example the CEO employed one of her friend who was very experienced and skilled in sewing. The company utilized the abilities of expert seamstresses through whom they hired more other employees to work for the company. These services offered by other workers provided sufficient work force to the benefit of MIB (Winn 189-190). Make It Big (MIB) Company embarked on manufacturing clothing on order, this was based on different seasonal colors which provided customers with variety of choices. On the other hand the building financial base for MIB depended on personal savings and credit obtained from banks; this enhanced its financial capability. MIB had the initiative of using the mail order in expanding the companyââ¬â¢s business ope rations. The advertising strategy used at the start of operations was through the word of mouth and posters which were placed along the road, this ensured the expansion of the mailing list, and hence led to improvement of sales (Winn 190). Frequent attendances on trade shows by the CEO gave the company ability to up-date its manufacturing services and locate new product designs. This made it possible for MIB to obtain materials from different sources based on consumer desires and needs. The Company targeted main categories of wear starting from career, sports, casual amongst other clothââ¬â¢s categories. MIB sold most of its merchandise through catalogues, sales from website was majorly through the same loyal customers (Winn 192-193). MIB up-graded itââ¬â¢s advertising strategy to incorporate radio and newspaper. They also targeted house parties which helped in improving the companyââ¬â¢s sales. In order to counter the high rise of independent retailers within the industry, they resorted into consolidation and strict branding of their products; this idea gave clear identification as well as distinction from other products within the market. Other than branding they focused on regulating prices of their goods and improving the nature of service delivery they rendered to consumers. However, other competitors had invested in the new technology of using computers to give and keep detailed information on customers which assisted in easy mailing since consumers were contacted directly (Winn 192). Personal information on loyal customers was easily accessed and this also created channels on how to reach bulky customers. Incorporation of team building and communication programs were good strategies that helped employees within the company to work as a team, hence driving towards common goal. The good relation amongst employees and between MIB and other business partners favored the Company in terms of cash flow. This contributed towards easy marshalling of res ources and the installation of efficient communication and operating system that made it easier for the management to carry out their activities with lots of ease (Winn 192).Advertising We will write a custom essay sample on Making it Big Case Study specifically for you for only $16.05 $11/page Learn More Evidences that the strategy is or is not working The strategy of beefing up information at the website did not materialize since it only attracted people who never turned up to purchase any of the advertised items (Winn 185). The Companyââ¬â¢s CEO commented that she couldnââ¬â¢t manage improving the Companyââ¬â¢s performance on her own despite many trials. She needed the help of other advisors from the Company ranks. The CEO realized the necessity of bringing on board fresh blood that could help in making the Companyââ¬â¢s prime decisions. MIB proves not to be bottom- line performer since the CEO considered strategy management as secondary to other issues. These strategies at some point were realized not to be in agreement with the Companyââ¬â¢s vision (Winn 193). Make It Big had difficulty in predicting what would sell at specific season of the year (Winn 190). The issue of using partnership failed to work at the start since both the partners had conflicting interests and goals, this made Cynthia to buy back her partners shares to allow her be in full control of MIB businesses (Winn 191). The apparel industry experienced great competition from various manufacturers who were interested in making super size range of clothing, most of the Companies operated as joint ventures. This gave a big challenge to MIB since it operated solely under one manager and later recruited other managers who were required to focus only on production processes. The other duties of financial management and overall sales were under the supervision of the CEO. The CEO became ignorant of her main duty of making and creating strategic plans f or the benefit of MIB Company (Winn 193). However, her abilities on financial management assisted the company to carefully monitor cash-flow hence keeping the companyââ¬â¢s resources in good check. MIB strategy of recruiting committed and qualified employees ensured efficient implementation of strategies, good management and profitable progress within the company. The managers had the ability of undertaking multiple tasks and responsibilities which at times prove costly on production process due to fatigue. The other contribution of the new management was the up-dating of the computer network which made it easier to operate with customers. The accounting system also realized improvement through the computer system hence made it easier for the management of resources (Winn 195-196).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Other evidence of strategy not working was the kind of indecision the CEO found herself in. She placed goal achievement as one of the Companyââ¬â¢s priority but lacked means on how to achieve the targeted goals. The CEO feared investing in new ventures due to lack of enough skilled manpower that could compete favorably within the markets competitive environment. There was need for recruiting experienced management team that could help in managing risks within the Company. MIB experienced low sales and departure of top managers like the general manager. This was because MIB had difficulty in maintaining and retaining right employees due to poor relations from the CEO, she lacked enough qualifications that could enhance her confidence in such a high position. The CEO reached a point where she was unable to predict the requirements for the Company after expansion. Inability to direct organizational change was very evident; the Company failed to identify general manager with enough e xperience and qualifications who could drive changes through appropriate actions in various sectors like in mailing services (Winn 195). This is because MIB operated on the same principles the Company used when it was starting, the same operating principles could not work any further. For MIB to realize growth and expansion it required adept leadership and different skill from that set when it was starting. This included recruiting new CEO and overhauling the whole management team (Winn 196). Conclusion The management team should have the capability of matching the organizationââ¬â¢s structure to its strategies which allows for efficient execution of the Companyââ¬â¢s capabilities and competencies. It is necessary for a firm to have a strong resource base which helps in enhancing its capabilities to deliver quality services to consumers as well as competing favorably within the market. Works Cited Winn, Joan. Making It Big case study. Entrepreneurship theory and practice. CA: Baylor University Press, 2004. 185-196. Print. This essay on Making it Big Case Study was written and submitted by user Fernanda Leon 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.
Monday, April 13, 2020
How To Use An English Essay Sample to Get Good Grades
How To Use An English Essay Sample to Get Good GradesHave you been stuck with an English Major, Ap English or Civics question on your AAS? It is quite possible that you have never had a problem in answering these questions. Or maybe you are the kind of person who can answer questions on the board well. If you find yourself in either of these categories, you need an English essay sample that will be able to help you win this round.There are a number of different kinds of essays out there to help you with these types of questions. If you have been struggling, then you may want to consider the AAS mock essay. This will help you to show you the answers to the English sample question. This essay is usually for someone who is not familiar with the essay section of the test. If you have taken many tests in the past, you will probably know the instructions and concepts, but if you just cannot answer even one of the questions in your essay, this will be great help.Now, if you are struggling w ith the English section of the AAS, then consider the sample essay that comes from the English department. As long as you think you have a real grasp of the grammar, you can make a solid English essay. The thing that you need to remember is that not all essays that come from this department are graded. The one that you make will be the one that counts.If you are a high school student, you are probably wondering how to use this essay, and if you are one of the few that has not been successful in filling out an English sample, then I can bet that you have not been following directions. The best way to go about using the essay is to follow the instructions for the Department that you were assigned to. The writing part is not something that anyone can do by themselves, so take time to learn the rules.Another option that you have for this essay is to turn to an English Center, who can help you solve this English major. This option will allow you to take an English Sample Essay and get an idea of how to use the material. You can get some good advice on topics, things to focus on, and examples to learn from.AAS Essay Sample Questions can be solved easily if you take the time to learn about the subject matter. If you find that you have a problem understanding the questions, you may want to consult with a friend who knows the material, or find a professor or teacher who is able to help you with the English class.The next time you need to write an essay, you can look at an English essay sample and see what works for you. You will know exactly how you will approach the English section. Remember that the last thing you want is to have to take an English Major again!
Thursday, March 19, 2020
The Many Cognates of Cede
The Many Cognates of Cede The Many Cognates of Cede The Many Cognates of Cede By Mark Nichol The word cede and words with the syllable -cede share an origin with other similarly spelled words that in some sense refer to withdrawal. This post lists and defines those terms. Cede, meaning ââ¬Å"assign,â⬠ââ¬Å"grant,â⬠or transfer, is just one of multiple words descended from the Latin verb cedere, meaning ââ¬Å"goâ⬠or ââ¬Å"yield.â⬠The term cession, which refers to an act of ceding, or yielding is rare. Concession is more common in that sense; the verb form is concede, and concessional and concessionary are the uncommon adjectival forms. (ââ¬Å"Concession standâ⬠and the plural form of the noun describe business operations in which one party grants another party the right to sell goods on the first partyââ¬â¢s property.) Accede (ââ¬Å"go toâ⬠) means ââ¬Å"agree,â⬠ââ¬Å"approve,â⬠or ââ¬Å"consent,â⬠with the sense of doing so reluctantly, or ââ¬Å"take an office or position,â⬠and the noun form is accession. To intercede (ââ¬Å"go betweenâ⬠) is to intervene or mediate; the act of doing so is called intercession. Precede (ââ¬Å"go beforeâ⬠) can refer to being ahead of or in front of, earlier, or more important. The noun form precedence applies to the quality of priority; another noun form, precession, is rare but is seen in ââ¬Å"precession of the equinoxes,â⬠a reference to an astronomical phenomenon. To recede (ââ¬Å"go backâ⬠) is to move away or slant backward, or to decrease (it can also mean ââ¬Å"give something back to the former ownerâ⬠); most references to the noun form recession pertain to a general decline in economic prosperity. Recedence is a rare term for the act of going back. To secede (ââ¬Å"go apartâ⬠) is to separate, as part of a nation from the whole; the noun form is secession. Several other words share the root -cede, but with altered spelling, such as proceed (ââ¬Å"go beforeâ⬠), which means ââ¬Å"advance,â⬠ââ¬Å"come forth,â⬠or ââ¬Å"continue.â⬠The noun procedure describes a set of steps, or a way, to accomplish something, and proceeding can be both a form of the verb or, in plural form, a noun describing a sequence of events. The noun proceeds refers to money brought in, and procedural serves both as an adjective and as a noun describing a work of written or recorded fiction that focuses on a sequence of procedures such as the steps taken in solving a crime. Two other nouns derived from proceed are process, a synonym, as a verb, of proceed and, as a noun, of procedure (in addition, the noun process refers to a prominent part of an organism), and procession refers to a forward movement, especially an orderly, often ceremonial parade of people. (It can also be a verb referring to such a movement.) Processable and processability, meanwhile, refer to the capability or suitability of something to be processed. Succeed (ââ¬Å"go afterâ⬠) means to do well (and the act of succeeding is called success), but it also pertains to inheriting from or following another person in order; this action is known as succession, and one who follows is a successor. To exceed (ââ¬Å"go fromâ⬠) is to go beyond or extend outside of or to be greater than; excess refers to the act of going beyond but has a negative connotation. Words that donââ¬â¢t seem at all related but are include abscess (ââ¬Å"go awayâ⬠), which refers to pus collecting in a cavity within inflamed tissue, and ancestor (ââ¬Å"one who goes beforeâ⬠), which means ââ¬Å"one from whom one is descendedâ⬠- the adjectival form is ancestral, and the noun ancestry refers to oneââ¬â¢s forebears- and antecedent (ââ¬Å"go beforeâ⬠), which means ââ¬Å"something that precedes.â⬠To cease (ââ¬Å"hold backâ⬠) is to stop (and cessation refers to the act of stopping), and decease (ââ¬Å"go fromâ⬠) means ââ¬Å"death,â⬠though it is much more often used as a verb to mean ââ¬Å"die.â⬠(One who dies is a decedent.) Predecessor (ââ¬Å"one who goes beforeâ⬠) refers to someone who has preceded another person in a position; it is an antonym of successor. Necessary (ââ¬Å"not goâ⬠), too, derives ultimately from cedere; it means ââ¬Å"inescapableâ⬠or ââ¬Å"required.â⬠Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Grammar Test 1The Letter "Z" Will Be Removed from the English AlphabetOne "L" or Two?
Monday, March 2, 2020
Famous Quotations About Education
Famous Quotations About Education What is the role and importance of education? The word education comes from the Latin verbà educatusà à meaning bring up (children), to train, or bring up, rear, educate. Throughout history, the purpose of education has been to pass to younger members of a society the values and accumulated knowledge of a society and to prepare these younger members for their roles as adults. As societies became more complex, the transmission of values and knowledge were delivered by an expert or teacher. In both the Ancient and Modern World, the ability of a society to deliver education became a measure of success. Great thinkers have reflected on and recorded their opinions about education and its value to the individual and society. The following selected quotes are from individuals past and present, representing their thoughts on the importance of education: Plato: The purpose of education is to give to the body and to the soul all the beauty and all the perfection of which they are capable. Herbert Spencer: Education is preparation to live completely.John Milton: A complete and generous education fits a man to perform justly, skillfully, and magnanimously all the offices, both public and private, of peace and war.Sully: Education seeks, by social stimulus, guidance, and control, to develop the natural powers of the child, so as to render him able and disposed to lead a healthy, happy, and morally worthy life.W. T. Harris: Education is the preparation of the individual for reciprocal union with society; the preparation of the individual so that he can help his fellow-men and in return receive and appreciate their help.Malcolm Forbes: Educations purpose is to replace an empty mind with an open one. T. S. Eliot: It is, in fact, a part of the function of education to help us escape, not from our own time - for we are bound by that - but f rom the intellectual and emotional limitations of our time. G. K. Chesterton: Education is simply the soul of a society as it passes from one generation to another.George Washington Carver: Education is the key to unlock the golden door of freedom.Jules Simon: Education is the process by which one mind forms another mind, and one heart, another heart.Thomas Hill: A complete education ought to preserve the pupils bodily health and strength, and give him command over his mental and muscular powers, increase his quickness and sharpness of perception, form in him the habit of prompt and accurate judgment, lead to delicacy and depth in every right feeling, and make him inflexible in his conscientious and steadfast devotion to all his duties.Robert Frost: Education is the ability to listen to almost anything without losing your temper or your self-confidence. Robert M. Hutchins: The object of education is to prepare the young to educate themselves throughout their lives.Robert M. Hutchins: Education is not to reform students or amuse them or to mak e them expert technicians. It is to unsettle their minds, widen their horizons, inflame their intellects, teach them to think straight, if possible. Martin Luther King, Jr.: Education must enable one to sift and weigh evidence, to discern the true from the false, the real from the unreal, and the facts from the fiction.Martin Luther King, Jr.: We must remember that intelligence is not enough. Intelligence plus character- that is the goal of true education. The complete education gives one not only power of concentration, but worthy objectives upon which to concentrate.Horace Mann: Education then, beyond all other devices of human origin, is the great equalizer of the conditions of men, the balance-wheel of the social machinery.Anatole France: An education isnt how much you have committed to memory, or even how much you know. Its being able to differentiate between what you do know and what you dont.Victor Hugo: He who opens a school door closes a prison.Alvin Toffler: The illiterate of the future will not be the person who cannot read. It will be the person who does not know how to learn.Aristotle: Education is an ornament in pro sperity and a refuge in adversity.
Subscribe to:
Posts (Atom)