Saturday, May 16, 2020

What I Have Wonderful Memories Of Public Health Essay

Growing in the 80s in Lagos, Nigeria was what I equate to a game of public health Russian roulette; with waterborne illness such as cholera and dysentery lurking is every other cup of water, or typhoid and other communicable disease residing in overcrowded buses and the ever growing fear of inadequate access to care in the event of developing a chronic illness that could not be treated by over the counter antibiotics or medication from the local chemist or herbalist. Nevertheless, I have wonderful memories of growing up in Lagos, Nigeria and two particular memories were ingrained in my memory forever and have ultimately made my public health journey seem more like vocation than choice. One of the memories was my earliest memories of learning to read English, in order to save money on bus fare, my mother and I would trek from Shogunle to Oshodi, about a 2.5 mile walk to and from catching the bus to get to school and work. On this route were two giant billboards that we encountered every day, and as we passed them, I remember trying to read the billboards and my mom helping to form the words; the first billboard read â€Å"WAI: War Against indiscipline. NO liter, Queue, No noise, Stop corruption† and the second billboard read â€Å"Prevention is Better Than Cure.† I did not realize the prognostication impact of these two billboards until 25 years later when I was considering a master’s degree in public health. The first billboard was promoting an initiative that was developed by thenShow MoreRelatedComputers Now Essay1044 Words   |  5 PagesStarting back with Word Processors, computers have been around for a long time. As the world wide web grew, so did the need for better computers. With today’s standards, one would need a good computer that has speed, various capabilities, and is protected from viruses. As the computer field continues to expand to keep track of improving technology, so do other job opportunities. Once the only jobs heard of were that of IT management, computer programmers, system managers, etc. ExtendingRead MoreHealth Promotion : A Healthy And Long Lasting Lifestyle956 Words   |  4 Pagesshould take health promotion seriously and strive for a healthier diet, exercise regime and a more relaxed lifestyle. The main reason I believe this is because health promotion is an area in life where it coincides with biology, psychology and medicine. These three aspects are essential towards a healthy and long lasting lifestyle. When health promotion is ever mentioned in a discussion usually biology, psychology and medicine is also brought into the arena as well. To start off, health promotionRead MoreInterview With A Public Health Professional Essay1482 Words   |  6 PagesInterview with a Public Health Professional Summary I interviewed my primary care physician Dr. Michelle Class, who is a pediatrician in the private practice of Lori McAuliffe, M.D., P.A. Dr. Class has worked in the field of pediatrics since completing Medical school at The University of Florida and a 3-year residency to become a board certified pediatrician. She offers primary care to children from birth till the age of twenty-one, and provides routine physicals to chart growth and development,Read MorePaper1748 Words   |  7 Pagesì µÅ"ì‹  Ã¬ ËœÃ­â€¢â„¢Ã«â€° ´Ã¬Å  ¤Ã­â€¢ ´Ã¬â€ž ¤ - 8ì ² ´Ã¬ §Ë†Ã¬Å¾â€žÃ¬Æ' Ã¬ ËœÃ¬â€š ¬Ã¬ Ëœ 안ë ª © - Preface Around April of 2015, while I was preparing for the 50th anniversary of the introduction of eight-constitution medicine (ECM) and ECM academic seminar, I planned on making the Teacher’s Day event in May and ECM Day event in October, which I had previously attended with some colleagues, open to other interested fellow Korean Medicine (KM) doctors throughout Korea. As I began my preparations, I realized that KM college students, who represent future hope and areRead MoreEntering The Foster Care System At The Age Of Nine1413 Words   |  6 Pagesâ€Å"From what we get, we can make a living; what we give, however, makes a life† (Arthur Ashe). Entering the foster care system at the age of nine became a probability. Mental health issues and imprisonment plagued my parents, resulting in my removal from their care. There were no direct family members that were willing to care for myself except my aunt. My case worker conducted a home visit and she brought by a piggy bank made out of a sock. It must have been around Christmas time. That memory is theRead MoreRhetorical Analysis Of Obamas Farewell Address978 Words   |  4 PagesObama’s mastery of discourse as it is chock full of oratorical devices. Obama’s message to the American people and to the rest of the world is that it is essential that we maintain a sense of what it means to have a democracy and that in order to maintain peace and provide an inclusive society for all we have to work together in solidarity. Overall in a time of great flux, it appeared to be Obama’s desire to go out reminding the American people of the greatness of the country and the benefits of democracyRead MoreDescriptive Essay - Original Writing1471 Words   |  6 PagesWhen I was a young child, my family and I would travel to Vermont to stay with my grandparents. They lived on a mountain a little way out from the small town of Troy, Vermont. The land overflowed with the most beautiful trees and wildlife that I have ever seen. My grandfather protected his lands, he ensured that no one would hunt on them so that the animals would be safe from poachers. I would sit outside in the grass of our backyard clearing and just stare out into the wilderness that surroundedRead MoreMy Experience At The Annual Filipino Harvest Dinner On The Eastern Side Of Washington State Essay1727 Words   |  7 Pagesworking with the public, I have fortunately had the opportunity to work with many different cultures. I grew up in Toppenish, Washington which is 7-minute drive from where my cultural experience took place. In the fall, there are fewer events that take place around the valley and I have been to many events for other cultures. The culture in which I thought I would love to learn more about is the Filipino culture. I have many Filipino acquaintances that are regulars at my place of work I was invitedRead MoreSummary Of The Story Gryphon By Charles Baxter1190 Words   |  5 PagesBaxter is ab out a substitute teacher that challenges the way the children in the classroom usually think and encourages them to think with their imagination. Growing up, I also had a teacher that challenged me to think creatively as well. She inspired me to work hard and learn as much as I could. Both the story and my personal life have strong influences of a teacher wanting to better the student’s life in an unconventional way. The story starts with the narrator’s point of view, being a fourthRead MoreWar On The Battle Field And The Return Home1731 Words   |  7 Pagespain, he fights to keep his mental health stable as well. Struggling with the effects of war on his brain alongside the struggle of taking handfuls of narcotics each day without becoming dependent on them. His story is just a glimpse of what thousands of men and women deal with after returning home from the battlefield. It’s no secret that our government has sent men and women into the battle field to return in pieces, if not in a wooden box. We have all seen the images and heard the

Wednesday, May 6, 2020

Essay about Trade Between Australia And China - 1888 Words

Many products we use today are made in China. Trade between Australia and China has heightened in the last couple of years. China has one of the world’s largest economies. It has an increasing role in shaping the world economy, accounting for a third of the increase in the world’s gross domestic product and imports for the period 2000 to 2003 (The Economist 2004). It is also home to a population of 1.3 billion inhabitants, consuming a variety of goods from food items to luxury commodities, toys, clothing, gifts, most car parts and many more things Australia benefits from. For non-agricultural goods, Australian import tariffs are generally low. The most notable exceptions are on motor vehicles and textiles, clothing and footwear imports.†¦show more content†¦Since the implementation of the reform and opening-up policy in 1978, Chinas economy has been undergoing a rapid and healthy development. Over the past 27 years, Chinas annual GDP growth has averaged 9.4 pe r cent, more than doubled that of the world as well as more than two folds that of the developed nations over the same period. In 2004, Chinas GDP reached USD1650billion, an increase of 9.5 per cent over 2003.(The Embassy of the Peoples Republic of China in Australia, June 2005) Last year Australia imported $287.8 billion in goods from China, up from $51.5 billion a decade ago, according to the Australian Commerce Department (Asia Education, The University of Melbourne 2005). Although Australia is importing its many goods from china and reducing the cost, Australia also have to consider the unemployment rate and safety issues with these imported goods from Asia. China is one of the biggest countries along with Thailand and Japan who make goods for Australia. Being Australia’s third largest merchandise trading partner and seventh largest service export market in 2003, China might significantly affect the Australian economy through any changes made to its trade policies. A more liberal Chinese trade policy could increase Australia’s income in part through greater market access for its exports. Of every hundred dollars of nationalShow MoreRelatedTrade Between Australia and China2020 Words   |  9 PagesMany products we use today are made in China. Trade between Australia and China has heightened in the last couple of years. China has one of the world’s largest economies. It has an increasing role in shaping the world economy, accounting for a third of the increase in the world’s gross domestic product and imports for the period 2000 to 2003 (The Economist 2004). It is also home to a population of 1.3 billion inhabi tants, consuming a variety of goods from food items to luxury commodities, toys,Read MoreFree Trade Agreement Between China and Australia683 Words   |  3 PagesFree Trade Agreement between Australia and China China, Australia’s second larges export destination, is a growing economy. The labours in china are really cheap, so a lot of companies set up new manufactures in China and close down manufactures in other countries. A Chinese is satisfied getting 800 yean month, three meals a day and a bed to sleep. There are also people, who are willing to work for even lower labours. So if Australia would have a FTA with china it could profit from the fast growthRead MoreBilateral Trade And Investment Between China And Australia2910 Words   |  12 Pages Research on Bilateral Trade and Investment Between China and Australia Group G Chinese Economics Siung Student Number: 2014053038 Abstract The objectives of the paper are to introduce the China-Australia FTA (ChAFTA), signed by Chinese Commerce Minister Gao Huchengand Australian Trade and Investment Minister Andrew Robb, and describes benefits of the agreement for both sides. The ChAFTA has brought zero-tariff concessions for two countries. Especially in the mining industry and agricultureRead MoreThe Impact Of International Trade Between Australia And China1051 Words   |  5 PagesThere have been substantial amounts of international trade between Australia and China, with a large and robust demand of Australian energy and minerals from China. The more prominent effect of China’s demand is on Australia’s level of exports. Exports increased substantially as exports to China accounted for 21.6% of Australia’s total exports during the GFC period (Priestley, 2010). In order to satisfy these high demands, Australia must increase its supply of these resources which results in theRead MoreChin A Country With Huge Resources1203 Words   |  5 PagesSummary China is a country with huge resources. In 2001, China successfully joint the WTO and rapidly took an important role on the international trade. In late 1990’s, China signed an agreement with Australia and built a close relationship with Australia. In the following years to date, there is a huge changes on the performance of trade and investment between these two countries, especially on agriculture, mining and manufacture. In this article, we will use trade theory to analysis the reasonRead MoreImpact Of Globalization On The Global Economy1452 Words   |  6 Pagesexpand out exchanges and social trade. This results in a trade of different perspectives, knowledge, items and culture. Many goods and services have increased, because of worldwide trading throughout the past years. Australia is linked into the global economy due to exchanges being made between nations and technology being better than ever, as it is quicker, faster and easier to communicate with potential customer s. These are just some of the reasons why Australia is linked in to the global economyRead MoreEssay On Globalisation1207 Words   |  5 Pageswhich all the other nations of the planet come together to expand out exchanges and social trade. This results in a trade of different perspectives, knowledge, items and culture. Many goods and services have increased, because of worldwide trading, throughout the past years. How has globalisation changed over the past 30 years? Globalisation has changed over the past 30 years due to changes made between technology, such as transportation and communications. These reasons have altered the increasingRead MoreAustralia And The United States1293 Words   |  6 PagesAustralia and the United States have always had a very strong relationship through trade and mainly defence. The security of Australia heavily depends on the US, as we are there main allies in defence. Australia and the US are both apart of an organization called APEC. They both have very important roles as there are classified as the head nations. This organization first started in January 1989 in Australia when current prime minister Bob Hawke called for a more effective economic operation acrossRead MoreNt Cattle Exporters Gain Confidence From China1561 Words   |  7 PagesStudy A suitable alternative title for the case could be: NT cattle exporters gain confidence from China. A recent study (Department of foreign affair and trade, 2014, p.4.) shows that almost half of Australia’s exports came from minerals and fuels with 49.3% in 2013, especially iron and coal. Followed by service exports 17.3 percent and manufacturing exports 12.9 percent. In 2013, two-way trade grew by 3.7% to $647.4 billion. Comprising imports totaling $328.8 billion and exports $318.6 billionRead MoreGlobalization Has Changed The Economic Condition Of A Country Or The Lives Of People995 Words   |  4 PagesGlobalization is a communication and connection between person-to-person, local-to-local and nation-to-nation to preserve and develop trade, technology, education, and etc. There are a couple aspects of globalization to count on, but this essay will be focusing on one specific dimension of globalization. Mostly, this essay will examine economic aspect of globalization as well as it will conduct a research: how globalization has changed the economic condition of a country or the lives of people. Moreover

The Life of Fidel Castro - 631 Words

Fidel Alejandro Castro Ruz, born in Birà ¡n, Cuba on August 13, 1926, changed his country ever since he came to power. Castro’s father, à ngel Castro y Argiz, was a wealthy plantation owner and was an immigrant from Galicia, Spain. His mother, Lina Ruz Gonzà ¡lez, was à ngel’s mistress and house servant while à ngel was still married to Maria Luisa Argota. Castro was educated in many Jesuit boarding schools, from grade school to middle school, in which he was a mediocre student and was not well behaved, only focusing on playing sports. Although Castro attended a religious boarding school, it did not affect him in any way and was still getting into trouble as a young child. After Castro graduated from high school he studied law at the University of Havana. In his classes, he became very fond of anti-imperialism, socialism, and the political climate of Cuban nationalism, which had helped him while in power. On February 16,1959, Fidel Alejandro Ruz Castro was sworn in as Prime Minister of Cuba. Castro secretly started to turn to Communism. He wanted to nationalize plantations and factories. The U.S. is known for its strong opinion on democracy, so when the U.S. heard this, it caused lots of friction between Cuba and the U.S. so Castro denied that he wanted to control Cuba as a communist. Castro then signed the First Agrarian Reform Law, which prohibited foreigners from owning land in Cuba while also only allowing 993 acres of land per citizen. Castro was then trying to developShow MoreRelatedThe Life of Fidel Castro Essay760 Words   |  4 PagesFidel Castro Throughout history, when you look back, you find many countries that fall under a control that turns things in an opposite direction of where they were pointed. In Cuba, this was under Prime Minister, Fidel Castro. Born on August 13, 1926 in the wedlock at his father’s farm, Castro would live here until age 8 when he would go live with his teacher. He was not well behaved, and would find himself traveling in out of different schools. He did not excel academically and found his placeRead MoreEssay on Life of Fidel Castro834 Words   |  4 PagesThe Life of Fidel Castro Fidel Castro, is the well-known dictatorial leader of Cuba for nearly five decades. His leadership has been the focus of international controversy. How is it that a man of this privileged upbringing, became the leader of a socialist revolution in Cuba, brought the world to the brink of destruction, and ultimately became one of the most famous political leaders in the history of Latin America. He was born on a farm in Birà ¡n, Cuba near mayaà ± on August 13, 1926. He receivedRead MoreTo What Extent Was Brutality Used by Fidel Castro During the Cuban Revolution1440 Words   |  6 Pagesa struggle to the death between the future and the past.† – Fidel Castro, 1961. This statement was certainly true for Fidel Castro and his revolutionaries during the Cuban Revolution, an armed revolt that took place between July 26th 1953 and January 1st 1959, which ended successfully. During this revolt, many of Fidel Castro’s fellow revolutionaries were killed in this process of violent revolution (My Life, p133, 2006). However, Castro and his accompanying revolutionaries, of which he was the leaderRead MoreFidel Castro Is Alive1443 Words   |  6 Pages Upon his release, Castro went to Mexico where he spent the next year organizing the 26th of July Movement, which was based on the date of the failed Santiago de Cuba barracks attack. On December 2, 1956, Castro and the rest his fellow rebels of the 26th of July Movement landed on Cuban soil with the intention of starting a revolution. They were only met with the welcome of heavy Batista defenses, causing nearly everyone in the Movement to be killed. Barely anyone escaped, and those who did whichRead MoreFidel Castro : Hero Or Villain1323 Words   |  6 PagesFidel Castro a Hero or Villain The time of the Cuban Revolution was a great deal of turmoil, not just in Cuba but in almost every corner of the world. It was 1945, shortly after the end of World War Two, the Cold War was taking off between the United States and the Soviet Union. Cuba, in the middle of its own war, was caught up in the international politics of the Cold War. The interaction between international and domestic politics played a major role in the outcome of the revolution. The resultRead MoreThe Other Side Of Castro850 Words   |  4 PagesThe Other Side of Castro In my 27 years on this planet, I have heard little to nothing about the revolutionist and Cuban leader Fidel Castro. Of the small amount of conversation which has occurred in front of me, Castro was always described in a negative way. He was described as a cruel, selfish Communist dictator who is against the ideas and beliefs of my own country. For those reasons, I have never bothered educating myself about Castro and his life. Now that I am older, my education has presentedRead MoreFidel Castro: The Clown of Cuba1612 Words   |  7 Pages Current leader and dictator of Cuba, Fidel Castro, was born on August 13, 1926 in Biran Cuba. As a child, Fidel Castro had a good life because his father was very wealthy. His fathers name was Angel Castro. He was very wealthy because he owned plantations and lands. Additionally, he was originally from Spain but then moved to Cuba. Angel Castro married to Lina Gonzalez. Fidel Castro had one brother named Raul Castro. Fidel And Raul al ways had a special bond between their brother relationshipRead MoreFidel Castros Impact on Cuba, America, and the World1359 Words   |  6 Pages Fidel Castro, resigned now, and still living, was the dictator of the Cuban nation. He has had an big impact on America, and he an impact on our world. Fidel Castro was a Cuban dictator for a long time coming. Fidel Castro becoming a dictator not only affected the United States, but his arrival affected the world around us. Fidel Castro was a man who had a target on his head. Lots of people from all over the world wanted him dead. Fidel Castro wasn’t a capitalist person, he was a CommunistRead MoreCuban Revolution And The Revolution1309 Words   |  6 PagesFidel Castro once said â€Å"I do not fear the fury of the miserable tyrant who took the lives of 70 of my comrades. Condemn me. It does not matter. History will absolve me.† This iconic line triggered one of the greatest events in Cuba’s history, the Cuban revolution. The factors that caused the revolution and the main events during changed the lives of Cuba’s people as well as North Americans. Cuba was a poor, uneducated, country controlled by a brutal dictator in 1953. The attack on the Moncoda barracksRead MoreCub A Political Leader Of Cuba1707 Words   |  7 Pagesâ€Å"A revolution is a struggle to the death between the future and the past.† Fidel Castro has had a tremendous impact on Cuba. Castro was a political leader of Cuba (1959–2008) who transformed his country into the first communist state in the Western Hemisphere. Castro became a symbol of communist revolution in Latin America. Before Fidel Castro took rein Cuba was the island of sin, a society consumed by the illnesses, gambling, the Mafia, and prostitution. In 1969 Cuba changed drastically, but still

Accounting Theory and Current Issues

Question: Describe about the accounting theory and current issues. Answer: Yes, KGC ltd should revalue its assets from historic cost to fair value method. Fair value price is the price which states that how much money will be received when the asset will be sold in the market(KPMG , 2013). It is based on the present value of the asset in the market. This methodology will facilitate the comparability as well as consistency of the transactions(KPMG , 2013). It will enhance the understanding level of the stakeholders towards the company who value the assets at fair value method(KPMG , 2013). Principles According to the IFRS, investments should be measured at fair value(Christensen Nikolaev, 2016). Assets which are held by the company for profit generation purpose should be recorded according to the fair value measurement(Christensen Nikolaev, 2016). It is a market based approach; it cannot be regarded as entity based approach. It is based on the principle of future cash inflows as well as future cash outflow. It has been presumed that transaction will take place in principal market(Christensen Nikolaev, 2016). Potential issues Fair value states the exit value of the investment. It states the value through which it can be converted into cash. On the contrary, assets are recorded in the books of accounts when they are purchased. Therefore, recording of the assets in the books of accounts cannot be justified through this concept. Moreover there is lack of clarity as compared to the market assumptions(IFRS Org, 2016). It completely ignores the transaction cost which is incurred by the company while purchasing the assets(IFRS Org, 2016). Risks It will change the concept of measuring. Now the assets will be recognized at price rather than the realizable value. This will modify the amount of deprecation which is charged on the assets. Deprecation is the amortization cost of the fixed assets(Ramanna, 2013). This methodology will enhance the depreciation amount. Thus, the profit of the company will be reduced. Correspondingly less tax will be paid(Ramanna, 2013). Replacement value of the machine is $20.5 billion AUD. Further, value in use for the company is $12 billion AUD. This cost will be incurred in the current situation i.e. expected operations. On the other hand value will increase to $ 30 billion AUD if the contract relating to PPE is renewed for 10 years(Cpaaustralia.com, 2016). Presently there is no information about whether the company has renewed the contract or not. Therefore, it has been assumed that decision relating to the renewal is still pending. So it is advisable to record the assets at the replacement value. Recording the assets at the replacement value will represent true and fair value of the assets (KPMG , 2015). Triple Bottom line Triple bottom line is regarded as accounting framework. It involves three parts that are Financial Social Environmental(Carolina, 2016) It evaluates the performance of the company at the broader concept. It creates greater business value. It is based on the concept of full cost accounting. It has replaced the concept of bottom line which is related to the profit and cost of the organization. Triple bottom line facilitates the cost benefit analysis for the company (PWC, 2015). It states that primary responsibility of the company lies with the stakeholders as compared to the shareholders. It states that business should be conducted in such a way so that interest of the stakeholders can be promoted. It is not centered towards the profit maximization of the shareholders only(Carolina, 2016). Merits It facilitates the sustainability in the environment and the business processes. It is useful for the nonprofit organization, government as well for the profit making enterprises. It is an accounting technique which is beyond the traditional concept of accounting. This concept is very useful for economic development(Carolina, 2016) It enhances the profit for the organization. It identifies both risk and opportunities associated with it simultaneously. It reduces the opportunity cost and enhances the cost saving concept. (Carolina, 2016) Risks It enhances the responsibility of the companys board members. It is very difficult to quantify the financial aspects of the company. It is very difficult or hard to quantify environmental aspects as well as social aspects. It results into management conflicts because the main aim of the management is to maximize the shareholders return(Pondent, 2016). Nature of legitimacy The business legitimacy can be defined as a normative and subjective concept. Here company has used legitimacy in the context of the equities(KPMG , 2015). It has direct impact on the financial performance of the company as well as its goodwill on the market. Thus, it can be said that legitimacy of the company is directly linked with the creditworthiness of the business operations(Australian Accounting Standards Board., 2016). Importance of maintaining the legitimacy in the eyes of the traditional land owners The KGC ltd has already paid $4 million in royalties to the traditional owners of the land. These traditional owners carry out the mine process and pore process(Australian Accounting Standards Board., 2016). Moreover, the company has paid an amount of $ 6 billion to the PNG government as taxes. Company has built and operating the hospitals, water processing plants, grade schools, and health centers. These constructions have been taken place in the star mountain range of PNG(Andrews, 2002). Thus it will develop the trust and confidence level of the traditional land owners towards the company. They will be more loyal towards the agreements signed with the company. Thus, it will provide stability of the operations to the company in PNG range(Australian Accounting Standards Board., 2016). Importance of maintaining the legitimacy in the eyes of the government of PNG It is very essential to maintain the legitimacy in the eyes of the government. Government will have a positive outlook toward the company(Carolina, 2016). Moreover, they have the belief that operations of the company are carried out for the interest of trade and commerce. It will ensure that transactions are not conducted which are prejudicial to the interest of the stakeholders. Furthermore, government will support the business operations of the company. Government can provide assistance in the ways of subsidiary or grant which may be useful for the business to carry out its operations more effectively and efficiently. Thus it is relevant to maintain legitimacy from the business perspective(Australian Accounting Standards Board., 2016). Importance of maintaining the legitimacy in the eyes of the People of Australia Human resources are regarded as the greatest assets of the company(PWC, 2015). Company cannot function in the market until and unless people have the belief in the operations of the company(KPMG , 2013). Thus, it is very essential to maintain the trust of the people which can be built through legitimacy(KPMG , 2015). It will help the organization in expanding its operations. It will provide alternative source of labor to the company(Andrews, 2002). Do the legitimacy of the KGC ltd is at risk? In the last decades, the residents of the Indonesia known as Christian -animist residents along with the island of the New Guinea are agitating for their independence from the Indonesia. The PNG tribes are closely associated with the wars tribes. Further there is fear of conflict within the region(Australian Accounting Standards Board., 2016). Further, there is probability that the police actions will take place shortly. Thus there is high security alert in the Star mountain range of PNG portion. A recent collapse has taken place which has dumped 5 million liters of ore waste into the water of river. This river supplies drinking water to two local villages. This water is also used for harvesting purpose, fishing purpose, for cassava cropping. Moreover, there is allegation against the company that it is not environmentally responsible. The Company has made commitment that they will dispose the diluted water in the ocean. But this was not the case in actual or reality. Thus, it states that directly or indirectly KGC is at risk(KPMG , 2015). There is ample of allegation against the company(Andrews, 2002). Consequences if it loses its legitimacy If company losses its legitimacy, then it will be a great set back to the company. It will ruin the reputation of the company in the market(KPMG , 2015). This may hamper the goodwill and credit worthiness in the market(IFRS Org, 2016). Moreover, it may hamper the business operations of the company. It will increase the cost of the company unnecessarily. In addition, customer will lose their trust from the company(KPMG , 2013). Furthermore, loyalty of the customers towards the company will be ruined. It may hamper the profit ratios of the company. And will also hamper the overall financial health of the company. Company has to suffer huge losses. Overall it will not be beneficial for the organization(Andrews, 2002). Methods for restoring legitimacy of the KGC ltd First of all, company should do the discussion internally within the board members. Decision should be such which is according to the economic viability of the company. Decision should be approved in the general meeting by the shareholders. Proposed decision should be submitted to the government for the approval purpose(Andrews, 2002). When the proposed activity will be approved by the shareholders it will develop their trust and confidence towards the company. It will help the company in removing and mitigating the allegation towards the company. Moreover company can take CSR activities also(Andrews, 2002). This will ensure that activities of the company will be transparent and fair for the interest of the trade and commerce(Andrews, 2002). Two types of stakeholders theory Company should focus on the internal stakeholders' theory in which the employees and owners will be the main focus of the company. Apart from this, the company should also focus on the external stakeholders(Redwardfreeman, 2016). It involves society, creditors, shareholders, government, customers etc.(Stakeholdermap, 2016). This theory will promote the values and morals of the management in the organization(Edwardfreeman, 2016). It is based on two pillars i.e. Organization management and the ethics of the organization. Various ways to record the cost of the harm associated with the sludge spill Various costs are as follows Clean up cost Compensating cash payments Fines Offsetting work else where These cost be recorded either from the internal financing or from the outside borrowing Internal borrowing Pros It does not create any external burden on the company. There is no further liability of the company to pay fixed interest to other person. Thus entire profit is retained for the benefits of the organization(KPMG , 2015). It does not dilute the control of the company. Control of the company should be limited in few hands only as company is going for the internal borrowing(KPMG , 2013). Thus, it can be said that company's right to decision will not be diluted through internal borrowings(Redwardfreeman, 2016). Cons It reduces the share of the company in the profit of the company. It will reduce the retained earnings of the company which can be invested in other sources also(DanielRichards, 2016). External borrowings Pros It will help in maintaining the ownership of the company. It will provide the tax deductions. Moreover, there are low interest rates as compared to other source of finance(Extension.iastate.edu, 2016). Cons Payment of interest is fixed at the constant rate. Therefore, the company has to pay the debt whether it is having profit or not(IFRS Org, 2016). Also, the payment is fixed after a certain period of time and at that time whatever may be the condition of the company; payment has to be made at any cost(KPMG , 2013). If payment is not made on time then creditworthiness of the company is degraded in the market(PWC, 2015). References Andrews, C.J., 2002. Restoring legitimacy to the systems approach. Australian Accounting Standards Board., 2016. Property, Plant and Equipment. Carolina, M., 2016. The Triple Bottom Line and Why Its Crucial for Businesses. Christensen, H.B. Nikolaev, V.V., 2016. Does Fair Value Accounting for Non-Financial Assets Does Fair Value Accounting for Non-Financial Assets. Cpaaustralia.com, 2016. Guide to valuation and depreciation under the international accounting standards for the publicsector. DanielRichards, 2016. Debt Financing - Pros and Cons. Edwardfreeman, 2016. Stakeholder theory. Extension.iastate.edu, 2016. Types and Sources of Financing for Start-up Businesses. IFRS Org, 2016. Issues arising from the IASB Discussion Paper Fair Value Measurements. The British Accounting Association. KPMG , 2013. Fiar value Measurement. KPMG. KPMG , 2015. InsightsintoIFRS:Anoverview. KPMG. Pondent, C.S., 2016. Disadvantages of Triple Bottom Line Reporting. PWC, 2015. Consolidation and equity method of accounting. PWC. Ramanna, K., 2013. Why Fair Value Is the Rule. Redwardfreeman, 2016. Stakeholder Management. Stakeholdermap, 2016. Stakeholder Analysis, Project Management, templates and advice.

Tuesday, May 5, 2020

No Logo by Naomi Klein Essay Example For Students

No Logo by Naomi Klein Essay This essay will deal with the differences and similarities of an extract from No Logo by Naomi Klein called Autumn, and the first chapter of the book Culture Jam by Kalle Lasn. The reason why to be focused on these authors, is because they both treat the brand influence in America and they build up arguments against it, so it is appreciable that they share multiple common denominators. Whereas Klein is focused on the brandi s history, its development and the relevance of marketing brandi s names rather than the products themselves, Lasn argues the consequences on the nowadays society as a result of living in a country considered as a wealthy brand marketed to the world. Nevertheless, these authors write in hugely different ways. Klein writes in a journalistic manner stating objective facts and results while Lasn implies his own opinion in his words, criticising the facts and encouraging the readers to become part of the solution. Klein opens the chapter with a strong argument about the shift in Americai s products value after the eighties, and consequently the change and influence that this shift has imposed on peoplei s life. Before this period, the relevance and value of industrialized economies was primarily the production of goods. Still, from the 1980i s onwards, American companies rather than merely making things they produced images of their brands1. As a result of this change, corporations were vastly focused on theirs brands that consequently production became secondarily. As she states, manufacturers rather buy products and brand them2. On the other hand, Lasn also highlights the changes on the nowadays ways of Americani s lives, yet due to the media environment shaping peoplei s lives, living inside the post-modern spectacle has changed people3. Consequently, there has been a break up between the new society and nature. According to Lasn people follow their mediated selves and he also states we have gone from living in a natural world to living in a manufactured one4. Both authors explain changes that occurred due to the brand era, whereas Klein investigates the change of producti s production who has come to a second shot while the brands playing the leading role, Lasn criticizes the actual spectacle world as responsible of the change on Americans relationship with nature. Klein carries on stressing out the beginning of the brand era. The obsession with brands is leading to a situation where no matter where you look at; adverts are everywhere. They could even be found in schools with the aim of targeting increasingly younger consumers. This corporation obsession with brand identity is waging a war on public and individual space5 is supported by Klein. The latter Kleini s perspective is also shared and argued by the second author. Lasn corroborates the steady proliferation of messages which has flood America. Peoplei s eyes cannot come to rest without being flashed with adverts. The lack of space free of logos or product messages is the consequence of a world where there is nowhere to run6 Lasn states. Within the mentioned commercialized America, whereas Klein suggests that brands attempted to have their names associated with everything from for one instance, famous film stars, Lasn encourages the readers to ask themselves how influenced they are in their purchasing decisions due to Hollywood famous images promoting brands7. Still, it is considerable that both authors have in common the intention of highlighting the brands influence. Moreover, Klein describes how marketers did not create mere ads to inform customers about new inventions, as she says these ads convince Americans that their lives would be better if they use the products8. The longed goal is to create on consumers necessities above the material, through spiritual advertising in order to achieve brands identifying with culture itself. Moving the audience is the aim, and the way to obtain it is through deep advertising. As this idea evolved, the author argues how agencies focused on what brands mean to the culture and to peoplei s lives rather than on individual products and their attributes9. .u87467895a547a3fe18abde3eefa53b5f , .u87467895a547a3fe18abde3eefa53b5f .postImageUrl , .u87467895a547a3fe18abde3eefa53b5f .centered-text-area { min-height: 80px; position: relative; } .u87467895a547a3fe18abde3eefa53b5f , .u87467895a547a3fe18abde3eefa53b5f:hover , .u87467895a547a3fe18abde3eefa53b5f:visited , .u87467895a547a3fe18abde3eefa53b5f:active { border:0!important; } .u87467895a547a3fe18abde3eefa53b5f .clearfix:after { content: ""; display: table; clear: both; } .u87467895a547a3fe18abde3eefa53b5f { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u87467895a547a3fe18abde3eefa53b5f:active , .u87467895a547a3fe18abde3eefa53b5f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u87467895a547a3fe18abde3eefa53b5f .centered-text-area { width: 100%; position: relative ; } .u87467895a547a3fe18abde3eefa53b5f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u87467895a547a3fe18abde3eefa53b5f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u87467895a547a3fe18abde3eefa53b5f .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u87467895a547a3fe18abde3eefa53b5f:hover .ctaButton { background-color: #34495E!important; } .u87467895a547a3fe18abde3eefa53b5f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u87467895a547a3fe18abde3eefa53b5f .u87467895a547a3fe18abde3eefa53b5f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u87467895a547a3fe18abde3eefa53b5f:after { content: ""; display: block; clear: both; } READ: Writing and the Holocaust EssaySimilarly, Lasn shares with Klein the perspective of commercial emotional manipulation and also argues the consequences of this sort of advertising. Firstly, the author criticizes how Americai s society is manipulated by media spectacle which has colonized our mental environment10. Afterwards he extends Kleini s argument about the strategies used by companies in order to create new material necessities through manipulating our emotions. According to Lasn the success of these strategies is owing to making powerful connections between deep immaterial needs and material products11. Nevertheless, Lasn adds to Kleini s argument the result on peoplei s behaviour after a long period of exposure to this shocking ads which are targeting peoplei s souls. The main consequence is the erosion of empathy12. The abuse of the emotional advertising has culminate on the evaporation of peoplei s compassion and even repulsion to these ads. In addition, it is also remarkable how Lasni s latter statement is corroborated by Kleini s ideas when she writes this metaphor: consumers are like roaches,you spray and spray them and they get immune after a while13.