Monday, January 20, 2020
Israel: The Vanguard of Middle East Stability Essay -- International G
The Middle East is a power keg about to burst. There are countries in the Middle East where their national stability is in question due to various terrorist and malicious attacks while others promote the inhalation of nations. If these fuses are allowed to spark, it would lead to a cataclysmic array of international consequences including skyrocketing oil prices, increased acts of terrorism, and even WWIII. But, there is a hope to quell this situation. The country of Israel has safeguarded the complete collapse of the Middle East to violence and chaos. It is the last country standing between relative peace to Total War. But, this country will not be able to combat the dread knight of chaos forever; it needs international support. The United States has always kept a keen eye on Israel and has allowed it to continue its heavy load. Without the United States financial support, Israel will certainly collapse, and the Middle East will become as unpredictable as the shifting sands of its d eserts. Due to the crisis in the Middle East and the potential escalation to World War, America needs to continue funding to Israel. As Israel fights the hydra of destruction, it does not have to look far to see the snarling teeth of Iran. Iran, more so than any other country, has the most turbulent and fragile relationship with Israel. This shaky peace is apparent as Israel and Iran had never had formal diplomatic relations since the Islamic Revolution of Iran in 1979 (Farrar-Wellman). This lack of communication has not only led to increased skepticism between the two countries, but also the severe hatred of each other. The sub-human perspective of Iran about Israel was expressed when current president of the Islamic Republic of Iran, Mahmoud Ahmadi... ...ifferent regions of the world, the situation will be dramatically worse without the military power of Israel. Without Israel, the terrorists will have a safe heaven by which to stage and plan terrorist attacks across the Middle East. This increased level of attacks will lead to increased levels of instability within the other countries, and eventually lead to the overthrowing of other democracies in the region. Works Cited Brad, Mitchell. ââ¬Å"U.S Aid to Israel.â⬠Jewish Virtual Library. January 13, 2010 (Updated). Codedesman, Anthony H., and Nerguizian, Aram. ââ¬Å"The Gulf Military Balance in 2010: An Overview.â⬠Center for Strategic and International Studies. April 23, 2010. ââ¬Å"Country Reports on Terrorism 2008.â⬠U.S. Department of State. April 30, 2009. Chapter 2. Farrar-Wellman, Ariel. ââ¬Å"Israel-Iran Foreign Relations.â⬠Iran Tracker. April 8, 2010.
Sunday, January 12, 2020
Enron: Smartest Guy in the Room Essay
Enron: The Smartest Guys in the Room is a documentary that was produced in 2005 as a reflection of the 2003, bestselling book with the same name. The documentary was written by Bethany Mclean and Peter Elkind. The film, produced by Alex Gibney is an explicit demonstration of how reputable corporations can tumble down because of illicit financial management. The film is about the Enron Company, which experienced enormous financial drains because of the scandals elicited by its top managerial team. Two years after the inception of the company, two traders engage in betting activities on the lucrative oil markets. This eventually leads to suspicious profits for the company, a phenomenon that raises eyebrows on the financial stand of the company. It is also discovered that Enronââ¬â¢s Chief Executive Officer is redirecting the companyââ¬â¢s finances to different accounts. In demonstrating the poor financial management of Kenneth Lay, he encourages the traders to keep on making money for the company, yet he understood clearly that betting is a risky activity that could cause the company a lot of its assets. Lay finally realizes his mistakes when he sacks the traders because of wasting the companyââ¬â¢s reserves through gambling. Their actions virtually damaged the image of Enron. When the facts about what happened to the company are exposed, Lay argues that he had no knowledge of the illicit financial endeavors. Jeffrey Skilling is brought in as the new CEO and immediately imposes his own principles about handling profits and projects. Skilling adopts a management practice that engages the company in projects without examining whether the projects have the capacity to be successful or not. This is indeed, a trait that has the capacity to taunt the image of the company in respect to the management of its assets and resources. In essence, this portrays Enron as a profit making company, even if it is not making any profit. The film also highlights on Skillingââ¬â¢s theory of grading employees and firing those who do not perform well, on an annual basis. In order to fulfill his endeavors for the company, Skilling appoints Clifford Baxter and Lou Pai, who heads the Enron Energy Services. Pai is an irresponsible executive who squanders money belonging to shareholders by visiting entertainment joints. Eventually, Pai resigns having cost Enron a loss of $1 billion. After selling his stock, he purchases a ranch in Colorado and becomes one of the largest landowners in the state. Despite the declining performance of Enron in the global scale, the company initiates a public relations campaign that displays itself as profitable and solid. With the short term successes that the company gets, it tries to captivate stock market analysts. Executives raise their stock prices and introduce the broadband technologies in order to distribute movies on demand, but the projects do not meet their expectations. After a series of financial irregularities, Jim Chanos and Bethany McLean expose the financial misappropriation and irregularities in stoke value. In response to the allegations, Skilling argues that McLean is unethical in his assertions. It is also found out that Andrew Fastow, one of Enronââ¬â¢s executives has been defrauding Enron of millions of dollars. Indeed, this is a documentary about the fall of a big corporation because of financial misappropriation (Gibney, A. and McLean, 2005). II. Analysis In reference to the documentary, it is worth pointing out that the management of the company did not articulate its financial obligations in the most feasible way. Financial management is an integral aspect in the success of a company. A companyââ¬â¢s management should ensure that proper procedures are followed in capitalizing on its assets in order to avoid loses in the future (Bhat, 2008 p. 65). The management teamââ¬â¢s lapse in controlling its finances led to the downfall of the company. The image of the company was put at risk because of the selfish actions of the leadership. The companyââ¬â¢s corporate image was not able to maintain its stability, bearing in mind that the media exposed the inappropriate handling of the companyââ¬â¢s assets. Embezzlement of the finances led to the loss of confidence in the public eye. This is a clear indication that financial obligations are pertinent in influencing the performance of a company; since, financial endowment is a primary component of expanding the image of a business enterprise (Shoffner, Shelly & Cooke, 2011 p. 36). It is also worth noting that the managementââ¬â¢s actions affected the performance of the employees. In a company, it is extremely pertinent to invest in feasible measures that will enhance human capital. A well established human capital is instrumental in providing a viable platform for proper financial management (Jones & Spender, 2011 p. 94). When the management started a program of rating and firing employees, this created a non-cohesive environment that did not give employees a chance to thrive. In this respect, employees could not fulfill their obligations in enhancing the capacity of the company. In addition, the stakeholders to the company lost confidence in the management team of the company because it did not deliver as it was expected of them. This affected the input of the stakeholders as well as the internal and external cohesion of the company. It is also critical to assert that the company faced financial implications resulting from managementââ¬â¢s failure to conduct itself in a competent and professional way. The companyââ¬â¢s markets share did not achieve its expectations; since, it could not maintain stability in the stock market. The values of its shares could not compete vehemently with other companies because the company had lost its market value. Moreover, the company incurred losses in regard to its assets record through engaging in illicit financial planning. This led to the company failing to meet its financial objectives; since, it was not in a position to control its costs. The failure of a company to control its costs leads to unaccountability and the risk of loses due to poor accounting systems (Lee, 2006 p. 201). Additionally, the company experienced a lapse in its financial accounting systems in an effort to hide the misappropriation of finances. Compromising the financial accounting systems resulted to slow growth in the development of feasible accounting procedures (Hampton, 2009 p. 6). Another financial consequence to the company was the inability to control debts. The company could not keep track of its debts because its financial records had been compromised by the incompetence of the management team. The lack of proper financial returns led to inconsistency in the companyââ¬â¢s performance; hence, leading to an internal financial crisis. In this respect, it is viable to underscore that the financial inconsistency in a company is a contributing factor in its financial meltdown (Brigham, Gapenski & Ehrhardt, 2011p. 12). III. Commentary The actions of the management team were indeed detrimental in the financial breakthrough of the company. The companyââ¬â¢s resources were put in jeopardy because of mishandling the assets in an unethical manner in respect to business standards. The employees of the company did not have a cohesive environment to capitalize on their potential. They could not handle the products and services of the company in a professional way because the management team did not provide the platform for enhancing the cost of goods. I believe the biblical worldview as Christ would view it for the church is that whatever you do in the dark will be exposed. The Bible states that God hates the very presence of evil and it will have no place in his kingdom. So the catastrophic effect that this company had on society was abomination to what God would want for his people. God wants us to suffer with him and the end result is that we will reign with him, however lying, cheating and stealing will not have a place in heaven. As part of the management team, I would have handled things differently. Firstly, it is significant to point out that I would not allow incompetent people to control the companyââ¬â¢s finances. Only competent people would be allowed to handle the companyââ¬â¢s financial obligations and management of the companyââ¬â¢s assets. Secondly, it is essential to assert that I would invest immensely in the employees of the company. I would ensure that human capital is enhanced in order to improve the image of the company. It is widely acknowledged that an empowered human resource is vital in the success of a company; hence, I would seek to empower the activities of the employees. Moreover, as part of the management team, I would ensure that transparency is enhanced in corporate governance. The duties and responsibilities of every stakeholder would be defined in an amicable way, in order to avoid the confusion that emerges. This would play a dominant role in enhancing the profitability of the company, as well as improving the image of the company in a large scale. Indeed, it is critical for any business enterprise to adopt a viable mechanism of enhancing its corporate governance (Baker, 2008 p. 78). In my opinion, I believe what happened was as a result of managerial incompetency by the management team. Lack of inconsistencies in financial breakthrough by the company led to the meltdown in the companyââ¬â¢s assets and costs control. In this respect, I believe that accounting laws and regulators can help in avoiding this scenario again. The accounting laws will play a dominant role in keeping track of a companyââ¬â¢s financial assets and prevent it from incurring unnecessary loses. In addition, it is critical to highlight that such law and regulators will help immensely, in holding the management accountable. The management team of a company will be able to maintain high profile accountability in maintaining the value of the company. The market share of a company is able to attain reputable standards because of using the accounting laws. Additionally, accounting laws and regulators act as instrumental platforms in identifying challenges in a company, and making the necessary decisions in overcoming the challenges. The management team of a company is able to use business intelligence in developing a way forward in solving the challenges that a company faces in respect to financial management. In order to avoid the detrimental effects of financial mismanagement, companies can adopt viable ways of managing their operations. Transparency is a critical way of enhancing the gains of a company because its operations are open to scrutiny. In addition, it is important for companies to employ competent personnel to handle its operations, ranging from cost control to managing its experiences. It is pertinent for companies to develop policy frameworks that implement feasible financial obligations.
Saturday, January 4, 2020
Impersonal Subjects and Gerunds Quiz
Compare these two sentences: Studying English is sometimes boring. It is sometimes boring to study English. Both of the sentences are used to make general statements about an activity - studying English. Here is an overview of the two forms: First form: gerund object to be conjugated (adverb of frequency) adjective Examples: Playing tennis is an excellent exercise.Reading English newspapers is often difficult. Second form: It to be conjugated (adverb of frequency) adjective infinitive Examples: It is sometimes exciting to walk in the pouring rain.It was strange to say that Russian is easier than English. Two Exceptions The phrases It is worth and It is no use take the gerund NOT the infinitive form. It is worth / It is no use gerund object Examples: It is worth driving to the lake to have a look around.It is no use studying for this exam. Quiz Change the sentences from the original to the other similar structure. Example: Original: It is sometimes easy to forget your cell phone number.Changed: Forgetting your cell phone number is sometimes easy. Original Sentences Playing chess requires great concentration.It is not easy to learn Chinese.It is difficult to understand the motives of many politicians.Interviewing applicants is often stressful and unrewarding.Speaking English is always useful when traveling abroad.It is never simple to move abroad.Thinking about danger is often illogical.It has been difficult to accept his death.Flying to Africa will be great fun.Working hard for so many years has been tiring for them. Sentence Changes It requires great concentration to play chess.Learning Chinese is not easy.Understanding the motives of many politicians is difficult.It is often stressful and unrewarding to interview applicants.It is always useful to speak English whenà travelingà abroad.Moving abroad is never simple.It is often illogical to think about the danger.Accepting his death has been difficult.It will be great fun to fly to Africa.It has been tiring for them to work hard for so many years.
Friday, December 27, 2019
Social, Family And Environmental Influences On Human...
Human Development â⬠¢ Introduction â⬠¢ Cultural context Social influence (Vygotsky) â⬠¢ Physical environment (Vygotsky) â⬠¢ Family influence (Bowlby) â⬠¢ Social and family environment (Bronfenbrenner) â⬠¢ Conclusions â⬠¢ References ââ¬Å"You cannot predict the outcome of human development .All you can do like a farmer create the conditions under which it wellbeing flourish(Robinson.K.2001)This essay will discussed social , family and environmental influences on human development ,across in whole life-span .And relate three theorist s respective concepts including Vygotsky ,Bronfenbrenner and Bowlby who has made great contributions in early childhood education ,combined their theory as well give more conclusion . In social environment, the social cultural impact of each person, the each person also creates the new social cultural. Vygotsky was a famous Former Soviet Union psychologist, he emphasized the social cultural has more influence than other factors to children development, children has a dramatic increases of study skills, in their cultural context where of people living. The important elements of children cognitive development that is: society and cultural environment .Because in a fundamental way ï ¼Å'children cognitive function from cultural productsã⬠social actives and concepts. Languageã⬠beliefã⬠historyã⬠and environment are invisible textbook of childrenï ¼Å'among language is major course, which is necessary section of survival, they can throughout simpleShow MoreRelatedBronfenbrenner s Theory Of Human Development1673 Words à |à 7 PagesBronfenbrennerââ¬â¢s Bioecological Theory Background The study and research of human development has always been intriguing and intensive. There are five perspectives commonly discussed: psychoanalytic, learning, cognitive, contextual, and evolutionary/sociobiological. Those who follow the contextual perspective believe that development can be understood only in its social context. Also, they observe the individual as an inseparable component of the environment. Psychologist Urie Bronfenbrenner isRead MoreApplication of Need Theory by Virginia Henderson1051 Words à |à 5 PagesHUMANS Virginia Henderson Physiological 1. Breath normally 2. Eat and drink adequately 3. Eliminate body wastes 4. Move and maintain desirable postures 5. Sleep and rest 6.Select suitable clothes - dress and undress 7. Maintain body temperature within normal range by adjusting clothing and modifying the environment. 8. Keep the body clean and well groomed and protect the integument. 9.Avoid dangers in the environment and avoid injuring others. 10.Communicate with others in expressing emotionsRead MoreThe Theory Of Human Development1060 Words à |à 5 PagesTheories of human development deliver a framework to deliberate human growth, development, and learning. Understanding the theories can deliver useful contents into individuals and society a set of principles and concepts that describe life span development. Development perspectives are the psychoanalytic theory, behavior theory, humanistic approach and cognitive theory. Each theory focuses on different aspects of human development. The psychoanalytic is à ¢â¬Å"the approach stating that behavior is motivatedRead MoreWhat Drives Adult Personality Development?1542 Words à |à 7 PagesHuteman, Kandler, Luhmann, Orth, Reitz and Zimmermanââ¬â¢s article (2014) What Drives Adult Personality Development? A Comparison of Theoretical Perspectives and Empirical Evidence In terms of adult personality development, the most prominent perspectives utilize genetic and environmental factors into their models. Some examples of these theories consist of the five factor theory of personality and neo-social analytic theory (Specht et al., 2014). McCray and Costaââ¬â¢s five factor theory focuses on biologicalRead MoreInsight Into Criminal Behavior Essay1735 Words à |à 7 Pagescrime. Influential factors that influence criminal behaviors are psychological, sociological, and biological. How do we help rehabilitate criminals? Each approach agrees on a criminalââ¬â¢s devotion to aggressive behavior, but they differ in their conclusions. Psychological involves personality, addressing certain felt needs, and defective mental processes. Sociological deals with cause and control of criminality. The social structures, cultural values, peer groups, and family all make-up this approach. TheRead MoreIndividual Diffferences - How environmental factors affect Personality Intelligence1525 Words à |à 7 Pagesevaluate the ways in which environmental factors can impact on the development of an individualââ¬â¢s personality and intelligence. The discussion in this essay entails the extent to which environmental factors impact an individualââ¬â¢s development of personality and intelligence. Development can be defined as ââ¬Ëimprovement in functionââ¬â¢ which would imply that it occurs with the progression of age. Personality has been found to have a substantial genetic influence however economic and social factors have been foundRead MoreDevelopment Across the Life Span: Nature Versus Nurture Essay examples1666 Words à |à 7 PagesDevelopment Across the Life Span: Nature versus Nurture Barry University What is Nature versus Nurture? Development across the lifespan is one of the most interesting areas of psychology. The word development refers to human development which can be defined as ââ¬Å"the scientific study of changes that occur in people as they age from conception until death.â⬠(Ciccarelli, amp; White, 2009)Psychologists study this developmental change over time through several different methods. The book highlightsRead MoreNature Vs Nurture : Nature And Nurture994 Words à |à 4 PagesNature and Nurture: How They Interact in Human Development Nature or Nurture, which of these are the most important in shaping who we are? ââ¬Å"Are genetics or environmental factors more important?â⬠(Berk, 2014, p. 5) Researchers have been arguing whether nature or nurture is the most influential force in shaping human beings for a long time. The answer seems to be a complex combination of both nature and nurture. One thing that everybody can agree on is that human beings are more than the sum of our partsRead MoreDevelopment Of Infancy And Early Childhood1385 Words à |à 6 PagesJessica Wilson Development in Infancy and Early Childhood Throughout the course of the human lifespan, the period of most rapid development extends through infancy and early childhood. The early stages of development that occur during this time set the stage upon which further and more specific aspects of development will occur. There are many different external and internal components which influence and guide development during this time. These components include the individualââ¬â¢s family, includingRead MoreFactors Affecting Human Intelligence1786 Words à |à 7 Pagesaffecting the human intelligence Factors affecting the human intelligence Nature and nurture play a significant role in determining the life of people with regard to their intelligence level. Intelligence is the unique way in which a person can be able to come into an understanding of problems mentally, respond to them and replicate the surrounding he exists. Human intelligence is determined by two main factors which have caused great debate for years. These two factors are the environmental also known
Thursday, December 19, 2019
The Value Of Philosophy And Its Influence On Society
The value of philosophy lies in its ability to influence a society and/or provide wisdom to others. Often philosophy is mistakenly thought of as inadequate compared to science. Breakthroughs in medicine allow us to live healthier and longer lives; While technological advances allow for a more connected and convenient world. Despite popular belief, philosophy is just as evident as science in advancing society. Contrary to the empirical measurementââ¬â¢s that science provides, philosophy provides wisdom and a new way of thought. Philosophers like Socrates, Audre Lorde, and Zhuangzi seeked knowledge to further develop their society. In some instances, a philosopherââ¬â¢s idea came to be reality, for instance Mary Wollstonecraftââ¬â¢s and Karl Marxââ¬â¢s ideas. Philosophy is found behind everyday laws, culture, etcâ⬠¦ The impact philosophy truly has on society is grand though it might be difficult to recognize. Socrates was known for challenging the people of Athens, incl uding the leaders, about their views and conventional ways. The Apology by Plato describes Socrates defending himself against an accusation involving the corruption of the youth. Socrates defends himself by stating that he knows he is not the wisest of men however that in itself proves he is wise. This, in return, explains why he has made it a duty of his to call out the leadership of Athens and prove their deceptiveness. According to Plato Socrates stated, ââ¬Å"I am that gadfly which God has attached to the state, and all day longShow MoreRelatedPlato and Platipus1186 Words à |à 5 PagesIt is normal to underestimate the power of philosophy. It is a social science that has lost influence in the 21st Century because many do not understand how this science can help humans achieve true happiness. Though philosophy is a heavy subject, it is the science with the most results regarding human nature and knowledge. Philosophy offers guidance to understand human behavior as well as to q uestion our presence and our real role in society. It is one of the leading social sciences because manyRead MoreWhat Does Culture Affect Hr Philosophy, Policies And Programs?1098 Words à |à 5 Pages1.- Culture gives societies their distinctive flavor and provides a guide as to how people interact and what they expect from one another. How does culture affect HR philosophy, policies and programs? Culture consists of symbolic system of values, attitudes, beliefs, and perceptions about appropriate behaviors that are shared in our society as a way of life. In other words, culture is a set of meanings (senses) and values that inform a particular way of life. It is lifestyle that shape and formRead MoreMy Personal Philosophy Of Nursing1053 Words à |à 5 Pagesrules, beliefs, theories, and principles. This aforementioned are the podium upon which the value and philosophies of the success of each profession is based. These philosophies and values do not operate in a vacuum. They influence the way which professionals carry out their day to day activities for maximum success. Consequently, Nursing and Nurses are not immune to the great influence of values and philosophies, be it at personal or corporate levels. This is because, nursing as a profession deals withRead MoreThe Philosophy Of Philosophy And Philosophy998 Words à |à 4 PagesPhilosophy is the attempt at answering or un derstanding the questions that the being who is philosophizing yearns to know or wishes to understand. The importance of what the philosopher wishes to know or understand is not a determinate factor in what it means to do philosophy. The act of doing philosophy is not defined by the subject of examination but by the driving passion of knowing and understanding. This means that an individual that wishes to know why a laptop is a laptop or why is it thatRead MoreEthics Philosophy : Ethics And Ethics Essay976 Words à |à 4 PagesEthics Philosophy A personal ethics philosophy helps a person to maintain and employ good morals and values that are important in a oneââ¬â¢s life. Understanding the importance of ethics is critical in order to consciously work to develop and effectively utilize ethics. Therefore, accepting the importance of oneââ¬â¢s ethical philosophy will result in ethical decision-making, therefore developing the ability to put ethical theory into practice create ethical conditions albeit, personal and professionalRead MoreConfucius; Then Now973 Words à |à 4 Pagesof Chinese political thinkers. His philosophy traveled across the many kingdoms in China, centuries later becoming a part of the foundation of modern Chinese governance. Born after the fall of the Zhou Dynasty, Confucius belonged to the Warring States Era, a time of significant chaos. From the time of his being to modern day, people from China and many other countries in the world have studied the core values of his teachings, all hoping to make such values applicable to their own lives. AlthoughRead MoreWhat Values From Traditional And Progressive Philosophies Complement Each Other868 Words à |à 4 Pagesidentifiable philosophies that answer these questions: Traditional, Progressive, Existential and Critical Theory. However, they are often taken to the absolute and extreme. I firmly believe that taking both the main valued approaches from the Traditional and Progressive Philosophies provides strong disciplinary focuses and knowledge integration. The combination of the two philosophies allows for a positive insight to all educational philosophies. Keeping the mind open to these philosophies allow forRead MoreThe Political Economy And Cultural Studies Theories1429 Words à |à 6 PagesIntroduction Mass media plays an important role in the society by providing entertainment, information and acting as the governmentââ¬â¢s overseer. Several scholars have developed philosophies that help people understand how mass media fulfills its roles in the society. For example, Horkheimer and Adorno have constructed theories that explain the functions and impacts of mass media in the society across the globe (Mosco, 2008). The central theme in all mass communication models entails the meaning ofRead MoreMy Personal Philosophy Of Education1335 Words à |à 6 Pages I tested into a progressivism teaching style in the ââ¬Å"Finding Your Philosophy of Education Quiz.â⬠While I enjoyed learning about the different philosophies and psychological influences of teaching, I prefer constructivism, social reconstruction, and progressivism due to their student-centered learning, hands-on or project based learning style, while making efforts to improve the world around them. I will be discussi ng why I chose progressivism, social reconstruction, and constructivism as my preferencesRead MorePHL 215 Version 6 Moral Social And Political Philosophy Matrix And Essay Parts 1 2 2 2993 Words à |à 4 Pagesï » ¿University of Phoenix Material Moral, Social, and Political Philosophy Matrix and Essay Part 1 Matrix: Analyze moral, social, and political philosophy by completing the following matrix. Provide a definition of the branch of philosophy as given in a philosophical source (the readings, supplemental materials, or outside academic sources) and list a minimum of three historical developments, theories, key contributors, and principal issues. Bullet point answers are acceptable.
Wednesday, December 11, 2019
ABC And Traditional Costing Approach Samples for Students â⬠MyAssignme
Question: Discuss about the ABC And Traditional Costing Approach. Answer: Introduction A method facilitating in conveying expenditure to each component of organization is termed as costing. The main purpose of this report is to appraise the two approaches used by the companies that is Activity Based costing and traditional costing. An effective costing system is the one which can minimize the waste using the information given by the system. Hence to obtain absolute benefits of the resources it should be used cost-effectively. Traditional Costing System In this costing approach cost is allocated as per activity basis and therefore product cost is indistinct. According to this approach cost is incurred on its manufacturing when a product is manufactured. The approach followed is not completely valid since these theories not extent to work which are not completely related to the product. Main difficulty with this method is, it consigns expenses completely to the product. This theory does not have many indirect cost pools for each branch. In traditional costing, expenses are initially related with cost centers afterwards to products. Activity Based costing This accounting method assigns cost to activities and not to a particular product or services. ABC method takes operating expenses, utilization of resources and productiveness of resources is obtained from the information system of the company which is collectively by the management. This approach was formed with the purpose to decipher troubles dealed in traditional costing approach (Innes, Mitchell and Sinclair, 2000). Traditional costing approach allocates cost on the averaging basis which is altogether different in ABC since overhead are allocated by forming a liaison between cost and its related activity. Difference in two costing methods Total overhead is allocated to each product using indirect methods in traditional costing while in ABC cost is held as direct cost and appropriation is completed rationally to individual service or product which shows definite usage of cost for every product. Exhaustive information is required of all the resources in ABC though in traditional costing total overhead cost is required as straightforward allocation is done. Different elements of cost are defined by ABC for diversified range of products. Conversely traditional costing recognizes fewer classes for cost components. Strengths and weakness of ABC Strengths ABC facilitate in distinguishing products which utilize less resources manager can take decisions relating to price of product efficiently. Activity Based Costing can discover cost-effective products which facilitate the manager to eradicate the products not creating higher profit and consuming major amount of resources thus escalating the effectiveness with no added consumption of resources. One of the significant benefits of ABC is evaluation of individual product or service precisely. ABC facilitate in recognizing products or activities which are not generating profits making it a instrument for decision making by the management (Turney, 1992). Weakness Main criticism about ABC is exploitation of information. Productivity of ABC requires diverse information which requires huge resources. Since ABC requires information additional problem arises in gathering and dealing with the information. Kaplan and Anderson (2003), also believe this dilemma and recommended that desertion is not the solution. Management also confronts challenge to alter the arrangement of organization for successful implementation of ABC. The major cause for the amplified disapproval against ABC is prolonged schedule of time, scantiness of computer resources and surpassing budget (Cohen, 2005). Conclusion Both methods are uniformly significant for analyzing product cost. ABC is used as an alternate to traditional costing. The significance of ABC is to examine the non value adding products and other supporting activities. The main purpose of using this method is it reduces the cost, develop the process and other activitys based on precedence. ABC can be useful in every organization. Such as entity can assign its advertisement cost straightly to product where cost is used and hence providing a accurate image in comparison to traditional costing. Hence it can be said that company should adopt Activity based costing for better presentation. References Cohen, S. Venieris, G. Kaimenaki, E. (2005). ABC: adopters, supporters, deniers and unawares. Managerial Auditing Journal. Vol. 20. No. 9. pp. 981- 1000. Innes, J., Mitchell, F., Sinclair, D. (2000). Activity-based costing in the UKs largest companies: a comparison of 1994 and 1999 survey results.Management accounting research,11(3), 349-362. Kaplan, R. S., Anderson, S. R. (2003). Time-driven activity-based costing. Turney, P.B., (1992). Activity based costing.Management Accounting Handbook(4 th Edition), edited by C. Drury, Butterworth-Heinemann and CIMA. Cooper, R. (1992). Activity-Based Costing. InHandbuch Kostenrechnun. Gabler Verlag. Cooper, R., Kaplan, R. S. (1992). Activity-based systems: Measuring the costs of resource usage.Accounting Horizons,6(3), 1. Drury, C. (1992). Activity-based costing. InManagement and Cost Accounting. US. Gosselin, M. (1997). The effect of strategy and organizational structure on the adoption and implementation of activity-based costing.Accounting, organizations and society,22(2), 105-122. Ittner, C. D., Lanen, W. N., Larcker, D. F. (2002). The association between activity?based costing and manufacturing performance.Journal of accounting research,40(3), 711-726.
Tuesday, December 3, 2019
Single parent adoption Essay Example Essay Example
Single parent adoption Essay Example Paper Single parent adoption Essay Introduction Single parent adoption is a great choice. To be loved in the world should have no argument in whatever case it is. Single parent adoption has just as much love as any other lonely foster child for a two parents. Adoption has had a huge effect on the world as it is today. Many types of adoptions have become existent over generations. Single parent has many people fighting for or against. Love should be no fight. ââ¬Å"Single Parent Adoptions: Why Not?. â⬠12 Oct. 2001. http://library. adoption. com/articles/single-parent-adoptions-why-not. html For parentless children, adoption provides the nurturing, love, and security that all children deserve. More than just providing a loving and safe environment like fostering children, adoption is a lifetime commitment to the health and welfare of another life in their hands. To best secure families that will provide the best environment for a child, adoption agencies have set up a set of qualifications for adoptive parents. Concerns over single parent adoptions should be laid to rest by the many benefits singles have to offer children in need of a home. Single parents adopt for many of the same reasons as married couples. Single parent adoption Essay Body Paragraphs Single parents have the urge to nurture and raise a child. They seek to have a family unit and share their life with another, just as married couples do. A single parent can provide a loving and nurturing home for a child. Adoptive singles use family and friends for extended support. Give the child their sole attention and all of their love. Financially, they have planned for the future and the majority of single adoptive parents are settled in their careers. With a large percentage of the populationââ¬â¢s children living in a broken home, single parents can provide the emotional, financial and physical support without the damage of divorce. If a single parent has met all other qualifications other than marriage, then there is not a valid reason to deny adoption and many reasons to approve. ââ¬Å"Single Parent Adoption. â⬠Can I Still Adopt?. 19 Aug. 2009. 7 Dec. 2009. http://www. parentinghelpcentral. com/single-parent-adoption/single-parent-adoption-can-i-still-adopt/ Ther e are many main reasons why singles choose single parent adoption and they are strongly beneficial to the adoption. Marriage may not be a goal of theirs and they do not ever plan on doing it. These singles might want to get married in their future;however they are not with someone at the moment. Having to be married may be a great risk to themselves and may think it could danger there selves. They may be out of an unhealthy relationship and want to start over with a loving and friendly relationship with a child. Be a parent is more important to them then marriage itself. I know that single parent adoption is a topic in many debates specifically between religious groups. Single parent adopters need to know the cons that go with the pros when considering adoption. Although single parent adoption isnââ¬â¢t considered right amongst Christians, children are much better off in homes with single parents than a bad housing project. Remember as a single parent you need to get outside help since you are the sole earner of the house. Piasecki, Marlene, ââ¬Å"Who Adopts Special Needs Children,â⬠National Adoption Center 1987 http://www. childbirthsolutions. com/articles/preconception/adoption/singleadopting. php (15 December 2009) In 1970, if you had gone to an adoption agency as a single person and applied for a child, you would have, unfortunately, been turned down-it just wasnââ¬â¢t done. In fact, in some States, there were laws against single parent adoption. Now, thousands of children in the United States and other countries are living with single men and women who have chosen to become parents and who have been given the opportunity to provide a loving permanent home for a child. In the last 20 years there has been a steady, sizable increase in the number of single parent adoptions-some people feel that it is the fastest growing trend in the adoption field. Approximately 25 percent of the adoptions of children with special needs are by single men and wom en, and it is estimated that about 5 percent of all other adoptions are by single people. The outlook for single parent adoption is encouraging s it becomes more widely accepted. Access Innovations ââ¬Å"Single parentingâ⬠1999 http://life. familyeducation. com/adoption/nontraditional-families/45788. html (15 December 2009) The desire to nurture and to share life as a family is a strong universal need that is felt by a large number of people and one that is not exclusive to married people or couples. Often a single person finds life incomplete, as one single woman expressed, ââ¬Å"I had a stable job and could give a child many benefits. And I had love that needed to be given and a need to be needed. I wanted some purpose to my life other than my work and my cat. Because many women have pursued careers and put off marriage and having children until they are older, they find that they have reached their thirties, without a husband, but with a compelling desire for a child. Adop tion becomes a viable option for single women who feel that having a child out-of-wedlock is unacceptable or who find that they are infertile. Some men and women feel that they can provide a better life for the children living in institutions or foster care or in countries that cannot provide them with the basic necessities. Loneliness may be another thing in deciding to become a single adoptive parent. Single adoptive parents have proven to be very successful in becoming to allow their own acceptance. The latest research indicates that children raised in single adoptive parent families compare favorably with other adopted children and show a healthy involvement with friends and family as well as in the activities of their age group. http://web. ebscohost. com/src/detail 2009. EBSCO Industries, Inc. (15 December 2009) With the high divorce rate in this country, single parent adoption provides a much more solid environment: a home free from the issues of an unstable, broken home and its effects on the child. Single parents are usually of higher education and have higher incomes in comparison to the countryââ¬â¢s average. They have concentrated on their careers and have established a stable home that would benefit a child. Divorced parents are dealing with emotional and financial stress, which can negatively affect a child. A New York Times article reports that out of one-fifth of the nationââ¬â¢s 51. 1 million Caucasian children, over half of the We will write a custom essay sample on Single parent adoption Essay Example specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Single parent adoption Essay Example specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Single parent adoption Essay Example specifically for you FOR ONLY $16.38 $13.9/page Hire Writer
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