Saturday, May 23, 2020
Creative Task - Macbeth (English A1 - Ib Higher Level
RATIONALE The text presented is a script of a TV program on Macbeth. The text emphasizes how ambition can bring a person to its downfall and make him appear as evil. The text depicts how ambition can lead a man to his downfall and make him look as evil hence trying to show an understanding of Macbethââ¬â¢s inner self through one manââ¬â¢s point of view. Macbeth is an anti-hero whose ambition has cost him his soul, his peace and his sleep. Macbeth is introduced as a worthy gentleman and a noble thane (Glamis). At the beginning of the play, Macbeth is given a prophecy. He is predicted to be the Thane of Cawdor and then King of Scotland. However, it is also predicted that his best friendââ¬â¢s (Banquo) descendants will be kings. The ambition inâ⬠¦show more contentâ⬠¦ALAN Macbethââ¬â¢s ambition became the cause of his inevitable downfall. He was not evil by nature. His actions were determined by his greed for power. Macbeth was a good man. His actions through the beginning of the play lead us to believe he was not an evil person. Nevertheless, he is vulnerable to ambition. He is an easy prey to his ambitious desires therefore is capable of doing deeds he knows are wrong. Macbeth is easily misled. He shows weakness of character, hence is easily persuaded by the witches and his wife. Once he overcomes the barrier his principles create in him, evil begins to fill his mind. His ambition filled him with evil and brought grief to those surrounding him. As a result, he caused chaos, pain and suffering on a mass scale to the entire and innocent Scotland. Although Macbeth was overcome by ambition, there is still evidence of the values and principles in him. Macbethââ¬â¢s guilt caused in him a great deal of mental agony which brought as a result constant hallucinations. Within every single action or decision Macbeth made, he was aware that what he was doing was wrong. In spite of this, he committed the deeds. INTERVIEWER So, we can say that Macbeth was just blinded by his ambition? ALAN In other wordsâ⬠¦ Yes INTERVIEWER Thank you for coming Alanâ⬠¦ (Shake hands, exeunt
Monday, May 18, 2020
John Maynard Keynes Absolute Income Hypothesis - 1481 Words
The basis behind much of macroeconomic consumption theory rests with John-Maynard Keynesââ¬â¢ Absolute Income Hypothesis, described in The General Theory of Employment, Interest and Money (1936). His findings lead to the conclusion that aggregate consumption is highly dependent upon disposable income; but also, as total income increased, the proportions of savings would increase, meaning oneââ¬â¢s marginal propensity to consume (MPC) would decrease. Leading to the assumption that consumersââ¬â¢ consumption decisions are made only by considering disposable income. Following Keynes Absolute Income Hypothesis, James Duesenberry developed the Relative Income Hypothesis (Duesenberry 1949). This theory asserts that consumption is not only based on oneââ¬â¢sâ⬠¦show more contentâ⬠¦Expanding upon the Life Cycle Hypothesis and the Permanent Income Hypothesis, Robert E Hall introduced the Random Walk model of Consumption (Hall 1978). Hallââ¬â¢s theory introduces rational expectations into the Life Cycle and Permanent Income Hypotheses. Stating that if rational expectations exist, then consumers will change their expectations as additional information becomes available to them. Variations in consumption are then only able to be explained by events that were unpredictable, as they would otherwise be smoothing consumption, which suggests that changes in consumption should be unpredictable as well. Evidence from Jesse Rothstein and Cecilia Rouseââ¬â¢s (Rothstein and Rouse 2007) research about how student loan debt affects post-college career choices suggests that recent college graduates behave in a manner that is not in accordance with life-cycle agents in. They create a regression-based estimator using difference-in-differences analysis (DID) combined with the Wald Test, with controls for variances that a simple version of DID/Wald would not be able to capture. The first of their results that can be of importance to consumption is that students wi th student loan debt were more likely to take higher-salary jobs over lower paying or ââ¬Å"public interestâ⬠positions, which would result in higher pre-debt servicing disposable incomes. The claim that those with student loan debts are not life-cycle agents stems from data about the pledgesShow MoreRelatedDissertation Proposal1339 Words à |à 6 Pagesstrategies has been a matter of controversy. Before Keynes (1936), many economists considered the interest to be the important factor to determine the propensity of saving. Keynes introduced ââ¬ËAbsolute Income Hypothesisââ¬â¢ (AIH) in 1936 which demonstrated that fluctuations in the short run interest rate had no significant effect on spending decisions; rather the consumption behaviour is entirely dependent on current income. The theory asserts that as income rises, the consumption will also rise. HoweverRead MoreSmith s Attack On Mercantilism3631 Words à |à 15 PagesBy this, he implied that a citizen was a propriet or of property instead of the property of an expert. Besides, Smith was a backer of setting duty rates as indicated by one s capacity to pay. Citizens, he contended, ought to pay in extent to the income which they individually appreciate under the security of the state. Smith put stock in burdened property, benefits, business exchanges, and wages. In any case, these duties ought to be as low as would be prudent to meet general society needs ofRead MoreEffects of Interest Rates on Business Performance4959 Words à |à 20 PagesIntroduction This study aims at establishing the effects of interest rates on Mukwano industries (U) ltd. This chapter presents background of the study, statement of the problem, purpose of the study, objectives of the study, research questions or hypothesis, scope of the study, significance or justifications to the study and Theoretical framework. 1.1 Background of the study Mukwano Industries (U) Ltd was established in the early 1980s and has evolved to be one the fastest growing fully integratedRead MoreClassical Theory of Employment5251 Words à |à 22 Pages Basic Assumptions of Sayââ¬â¢s Law: * (a)à à à Perfectly competitive market and free exchange economy. * (b)à à à Free flow of money incomes.à à All the savings must be immediately invested and all the income must be immediately spent. * (c)à à Savings are equal to investmentà and equality must bring about by flexible interest Rate. * (d)à à à No intervention of governmentà in market operations, i.e., a laissez faireRead MoreThe Main Theoretical Weaknesses of Mercantilism8168 Words à |à 33 Pagesas it was in Mexico) or sugar (for example in the West Indies), as well as turning into high-class markets. European power did evolve all over the world but it was done through force which was a disadvantage that turned into a weakness. In 1690, John Locke argued his point that mercantilism was very weak. His reason was that the prices were varying in proportion to the amount of currency. Lockes Second Exposition also points in the direction of the heart of the anti-mercantilist evaluation: thatRead MoreEconomics12898 Words à |à 52 Pagesprice of rice on consumption behavior, ceteris paribus (or other things remaining constant)? If the price of rice increased by 20 percent, how much consumption will there be, assuming no simultaneous change in other variables that is, assuming that income, number of family members, population, laws and so on all remain constant. Brief History: The Classical, Keynesian and Modern Economics This brief historical introduction aims to give a background on most profound names in the study of economicsRead MorePublic Expenditure and Economic Growth in India13502 Words à |à 55 Pagesexpenditure of governments all over has significantly increased. In the early 20th Century, John Maynard Keynes advocated the role of public expenditure in determination of level of income and its distribution. In developing countries, public expenditure policy not only accelerates economic growth promotes employment opportunities but also plays a useful role in reducing poverty and inequalities in income distribution. ECONOMIC GROWTH Economic development is a broad term that generally refers toRead MoreTrade Openness and Economic Growth in Nigeria23422 Words à |à 94 Pages(Thirlwall, 2000). Likewise, Fontagnà © and Mimouni (2000) noted that since the end of the European recovery after World War II, tariff rates have been divided by 10 at the world level, international trade has been multiplied by 17, world income has quadrupled, and income per capita has doubled. Incidentally, it is well known that periods of openness have generally been associated with prosperity, whereas protectionism has been the companion of recessions. In addition, the trade performance of individualRead MoreInflation Cause, Effects and Remedies11309 Words à |à 46 Pagestrend of prices is gradual and irregular, averaging only a few percentage points each year, such creeping inflation is not considered a serious threat to economic and social progress. It may even stimulate economic activity: The illusion of personal income growth beyond actual productivity may encourage consumption; housing investment may increase in anticipation of future price appreciation; business investment in plants and eq uipment may accelerate as prices rise more rapidly than costs; and personalRead MoreExercises for Microeconomics17876 Words à |à 72 PagesAverage benefit ââ"Ž Average cost ââ"Ž Economic surplus ââ"Ž Economics ââ"Ž Microeconomics ââ"Ž Macroeconomics ââ"Ž Marginal benefit ââ"Ž Marginal cost ââ"Ž Normative economics ââ"Ž Positive economics ââ"Ž Rational person ââ"Ž Sunk cost ââ"Ž Opportunity cost ââ"Ž Absolute advantage ââ"Ž Comparative advantage ââ"Ž Attainable point ââ"Ž Unattainable point ââ"Ž Efficient point ââ"Ž Inefficient point ââ"Ž Production possibilities curve REVIEW QUESTIONS 1. The most you would be willing to pay for having a freshly washed car
Tuesday, May 12, 2020
Research Papers on English Literature
Research Papers on English Literature The world of John Donne is the world of love, not limited by the single variety of feeling and unchanging picture of love. When we talk about the love poetry of John Donne, we recall his poems from Songs and Sonnets, full of emotions and attitudes. What makes Donneââ¬â¢s poems a masterpiece? Probably, the secret is in his personal autobiographical picture in each and every line and poem. The author is experimenting with his own feelings and emotions through his poetry and brings it up for the readerââ¬â¢s judgement. He does not look for agreement or critics. Donne is more in search for new angles of these feelings that could be brought to him by his reader. The poet is trying to make his poems live and accessible to us, by creating tangible and intangible values and incorporating them in different shapes in the poems. Reading through Songs and Sonnets, we are able to see the transformation of love from purely material feeling towards the woman, mainly based on sexual interest, to highly emotional dedication of self to an ââ¬Å"Angelâ⬠, the woman that becomes a reason for living. The author is taking us through his own journey of self-analysis and evolution and drives us to his major idea and belief that in love body and soul are not distinct and cannot exist other than in parallel with each other. Only the love that comprised from body and soul can bring satisfaction and show a human being the highest form of love. Anyone who starts reading John Donne and his love poetry will dive into the world of new and unexpected ways and angles of the feeling we call love.
Wednesday, May 6, 2020
Corporate Social Responsibility - 1375 Words
Running head:( STARBUCKS) Starbucks Aneez Mohammed Columbia Southern University Starbucks. 1.Starbucks has worked hard to act ethically and responsibly. Has it done a good job communicating it efforts to consumers? Do consumers believe Starbucks is a responsible company? Why or why not? Starbucks opened up in 1971 in Seattle as the first Italian company in United States to have a coffee house for customers. The idea was to have a setting of Italian elegance, a personal treat and a social gathering spot.(Keller Kotler,2012). Starbuck has worked tremendously hard to store an image that it has become the most frequently visited retailer in United States with an average of 18 times a month (Kotler Keller,2012).â⬠¦show more contentâ⬠¦For example, it s illegal for salespeople to lie to consumers or mislead them about advantages of buying a product and the company statement must match the advertising claims. And they must not disparage competitors of their products by suggesting things that are not true. Ethical Behavior- Companies must adopt and disseminate a written code of ethics, build a company tradition of ethical behavior and hold their people fully responsible for observing ethical and legal guidelines. Social Responsibility Behavior- Individuals marke ters must exercise their social conscience in specific dealing with customers and stakeholders. In other words establishing a Corporate Social Responsibility report which reflects the company s commitment for achieving its growth.(p.631). Generally speaking employees should focus on providing a more productive and sustainable environment in an effort to promote social responsibility and protect the future of the company. It also becomes a moral responsibility for a company to allocate funds to its annual budget for the needs of corporate social responsibility. On the other hand companies are pressured from governments ,competitors, and employees to address the environmental, social, and issues such as climate change, obesity and human rights (Bonini, Timothy Mirvis, 2009). In the final analysis we ask the question what is corporate socialShow MoreRelatedCorporate Social Responsibility : Corporate Responsibility773 Words à |à 4 PagesCorporate social responsibility may also be referred to as corporate citizenship and can involve spending finances that do not directly benefit the company but rather advocate positive social and environmental change. The soul in the next economy forum presentation made it evident that achieving corporate social responsibly in a company can reap major benefits in terms of finances, more inspiring workplace and customer satisfaction. In the past, companies mistakenly thought that corporate socialRead MoreCorporate Social Responsibility1990 Words à |à 8 PagesCorporate social responsibility is becoming a key initiative and an essential tool in the growth of multinational corporations and the development of third world countries throughout the globe. The two concepts can work hand in hand to provide benefits for all; however difficulties in regulating and implementing corporate social responsibility need to be overcome before effective changes can be made. Definitions of corporate social responsibility can be somewhat varied depending on the perceptionRead MoreCorporate Social Responsibility1904 Words à |à 8 PagesCorporate Social Responsibility The different aspects of corporate social responsibility (CSR) have been the topic of considerable debate since the last decades of the twentieth century. Main factor for the increased interest on the part of stakeholders in this topic are the increased public awareness and interest in the corporate social responsibility following the Information Revolution. This essay will assess the dangers and benefits of the business ethics for most of the stakeholders ââ¬â employeesRead MoreCorporate Social Responsibility : Corporate Responsibility2819 Words à |à 12 PagesIntroduction For the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thought of social obligation. Associations that are near to social obligation issues got toRead MoreCorporate Social Responsibilities2100 Words à |à 9 PagesSustainability requires monitoring and managing all the person to ensure that our economy and society can continue to exist without destroying the social and natural environment during development. The sustainability includes three pillars, which are economic, social and environment, forming a triple bottom line. The triple bottom line demands that a company s responsibility lies with stakeholder rather than shareholder. The stake holder is a party who can be affected or affect by the action of the company suchRead MoreCorporate Social Responsibility15903 Words à |à 64 PagesCORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a companyââ¬â¢s obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions, balancing the needs of stakeholder with their need to make profit. A companyââ¬â¢s stakeholders are all those who are influenced by and can influence a companyââ¬â¢s decisions and action, both locally and globally. BusinessRead MoreCorporate Social Responsibility3253 Words à |à 14 PagesLiving Dangerously in Two Worlds In my paper I will be discussing the topics related to corporate social responsibility. Corporate social responsibility (CSR, also called corporate responsibility, corporate citizenship, and responsible business) is a concept whereby organizations consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment. This obligationRead MoreCorporate Social Responsibility : Corporate Responsibility2819 Words à |à 12 PagesIntroduction For the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thought of social obligation. Associations that are near to social obligation issues got toRead MoreCorporate Social Responsibility : Corporate Responsibility2818 Words à |à 12 PagesFor the past years, corporate social responsibility also referred, as corporate conscience has been a respected subject for discussion. Corporate social responsibility, unquestionably, contains more viewpoint than simply worried about the ecological impacts of associations. It came in people groups mind at the later 1880, time of essential modern advancement that associations ought to think about the thou ght of social obligation. Associations that are near to social obligation issues got to be worryRead MoreCorporate Responsibility And Corporate Social Responsibility Essay1867 Words à |à 8 PagesStevan Jakovljevic Professor Laud MGT 3550 Values, Ethics and Sustainability 10/18/16 Chapter 3: Define corporate responsibility (CSR). Describe the benefits. Why do some executives support CSR while others find it troublesome and argue against it? Corporate social responsibility is what a company uses to self-regulate itself and refers to business practices involving initiatives that benefit society. A businessââ¬â¢s CSR can encompass a wide variety of tactics, from giving away a portion of a companyââ¬â¢s
The phenomenon of truancy Free Essays
Chapter 3: Research Design 3.1 Introduction The intent of the survey is to look into the phenomenon of hooky and so to qualify the nature and associated factors, to guarantee appropriate direction thereof. It is envisaged that, with more penetration, effectual intercession schemes can be implemented. We will write a custom essay sample on The phenomenon of truancy or any similar topic only for you Order Now Furthermore, secondary -education decision-makers may take consequences into history when school-attendance policies are reviewed. The reappraisal of the literature presented in the predating chapters reveals that secondary school scholars continue to play awol and lose the educational chances provided by mandatory school ordinances. Learners who play awol limit their ain opportunities of geting the necessary accomplishments to fix themselves for future employment. We besides looked at the different types of hooky, insouciant factors and assorted attacks that have been used to cut down hooky. This chapter describes the manner the empirical survey is planned and conducted, and will concentrate on the undermentioned facets: The research inquiries ; The research method ; 3.2 Research Questions The research worker together with the community of educationists are concerned about the fact that scholars continue to remain off from school by either losing the whole twenty-four hours of school or by losing certain lessons without permission from the school governments and parents. Students who play awol licking the purposes of the vision of the educational system which is based on fixing scholars for effectual citizenship and employability. The follow are the chief research inquiries that will be confronted in this survey. What is the extent and grade of hooky in footings of the frequence and figure of learns involved? What are the forms, type or nature of hooky? Where make hooky players travel when non at school or in category? What steps are used to supervise and pull off hooky? 3.3. The research instruments 3.3.1. The Questionnaire To reply the research inquiries presented above, information was collected by agencies of a questionnaire ( See Appendix 1 ) . Using a questionnaire is appropriate for a assortment of grounds, viz. because it is economical, it ensures namelessness, peculiarly when covering with a big sample and it helps in developing a general image to a phenomenon within a community sing similar conditions ( Nardi, 2003 ; Punch, 1998 ) . Upon careful consideration of bing questionnaires from the literature, the research worker has decided to roll up a new one for the current survey. The points that are included in this questionnaire are based on facts that are likely to lend to researching the phenomenon of hooky and are derived from the literature reappraisal. Some of these points are determined by the research inquiries set for this survey. The questionnaire employed for this first portion of the survey follows a quantitative attack. The determination to follow this design helps to research grounds of absenteeism from pupils ââ¬Ë positions, chiefly through the followers: Absenteeism against gender differences ; Absenteeism due to age and signifier ; Absenteeism due to school background ; Absenteeism with no ground ; Absenteeism due to household constructions ; Absenteeism related to repeated primary category ; 3.3.2. Pilot survey Two processs were carried out during the pre-testing stage of the questionnaire. Harmonizing to Cooper and Schinder ( 2003 ) , the research worker may trust on experts when flying the instrument to place alterations that can be made with confusing points. Experts and co-workers included a caput of school and my supervisor who are experienced in research were heartily requested to analyze the questionnaire to look into whether there were any points that needed to be changed or rephrased, every bit good the rightness of the clip set for finishing the questionnaire. The following process involved completion of the questionnaire by a sample of 20 Form 1 pupils and 20 Form 2 pupils non included the sample. The points in the questionnaire were hence considered to be satisfactory in footings of both diction and format. 3.3.3. Validity and Reliability Cogency refers to the extent to which an instrument measures what is it is supposed to mensurate. In order to set up its cogency the questionnaire was given to experts to find content and face cogency. Harmonizing to Johnson and Christensen ( 2004 ) , content cogency is a judgmental act where experts check whether the points represent the concept which is being studied every bit good as the diction, arranging and marking of the instruments. On the other manus, face cogency refers to the extend to which the respondents will comprehend the instruments as being valid to prove what it is suppose to prove ( Black, 1999 ) . The extent to which the instrument will supply the same consequences on subsequent disposal known as dependability was statistically obtained. The Cronbach Alpha correlativity expression was used to cipher dependability. The value obtained is 0.83, which indicates that the dependability of the instrument is satisfactory. 3.4 Sampling The focal point of choice of participants for this survey centres on pupils and educational professionals in schools. For the quantitative survey, the mark population is Form 1 and Form 2 pupils in the secondary school degree. Schools identified for this research include State secondary schools and Church schools. State secondary schools include two types of schools, viz. the Junior Lyceum and the Area secondary school pupils. In the coming of the educational reform presently being undertaken in the Maltese educational system, a new construction of colleges is integrating both Junior Lyceum and Area secondary school pupils into one school. Data for this survey is collected from presently amalgamated schools and non-amalgamated schools. For the qualitative survey of this research, a focal point group with a figure of educational professionals is carried out. Participants for the focal point group include ; capable instructors, PSD instructors, Guidance instructors and one Young person Worker. The qualitative survey besides includes two semi-structured in-depth interviews with one Head of School whose school has besides been targeted for the quantitative survey every bit good as a Guidance instructor from the Guidance Unit in the province educational sector. 3.4.1 The Quantitative Study Six different schools have been selected at random, integrating two Junior Lyceum schools, two Area Secondary schools and two Church schools. An mean equal sample of respondents was collected from each class of schools and is including a balanced sample from male childs and misss schools. The study questionnaire was administered to Form 1 and Form 2 pupils of the three school classs. The disposal of the study was carried out after reception of blessing both by the Planning and Development Department within the Directorate for Quality and Standards in Education ( DQSE ) every bit good as by the schools targeted for informations aggregation. The existent disposal of the study was carried out in coaction with the school disposals and was chiefly distributed through the support of the Personal and Social Development ( PSD ) instructors who administrated the study and collected the duly filled questionnaires. The research worker finally made agreements with the school disposals to roll up the studies. The research worker besides engaged in informations aggregation processs to roll up informations from schools within her range. The questionnaire consisted of three chief subdivisions, including ( I ) demographics, ( two ) forms, type and nature of hooky and ( three ) policies undertaken at a school degree to battle hooky and school absenteeism. Following the necessary clean-up of unsatisfactorily filled questionnaires, the entire figure of questionnaires employed for analysis consisted of 1000 to the full returned studies. 3.4.2 The Qualitative Study The qualitative survey incorporates two research designs. The first will be a focal point group and the 2nd will affect semi-structured in-depth interviews. The focal point group is intended to roll up informations from educational professionals on the manifestation and policies adopted across the three school classs on hooky and school absenteeism. Identified participants for this focal point group includes capable instructors, P.S.D. instructors, counsel instructors and one young person worker who is employed on a parttime footing by the Directorate of Educational Services. The interview agenda for the focal point group is here presented in Appendix 2. The semi-structured in-depth interviews were carried out with a Head of School and a Counselor from the counsel and reding unit. The interview agenda for these interviews was developed from the literature reappraisal carried out in chapter 2, the informations obtained from the quantitative survey and the feedback obtained from the focal point group. These interviews are intended to endorse up the quantitative analysis and to supply extra penetration on current patterns and schemes adopted to battle school hooky and absenteeism ( See Appendix 3 ) . 3.5 Restrictions The initial program was to include all pupils registered for Form1 and Form2 categories in the identified schools. A little figure of pupils in each category were regarded as absent at the clip of informations aggregation. When using for the relevant permissions, the Research Planning and Development section clearly indicated the research worker to curtail the research to a lower limit of pupils, instructors, decision makers, schools and to avoid any waste of clip during the visits to schools. As a effect to the limitations made upon the research worker, a purposive sample of participants undertook the procedure of informations aggregation for this survey. 3.6 Datas Processing The nature of the information here being investigated reflects features in the general population that should non convey out any differences between males and females on behaviors of hooky and school absenteeism. In this respect the statistical analysis will use the non parametric step of rating viz. Chi square. Any ascertained differences will function to accept or reject the void hypotheses on these parametric quantities. Any important differences ensuing from this analysis would assist to accept the alternate hypotheses from the sample of participants in this survey, hence bring forthing evidences for accepting the alternate hypotheses. All the informations shall be analysed utilizing the Statistical bundle for the Social Sciences ( SPSS ) version 17. 3.7 Decisions This chapter provided an overview of how this survey was planned and conducted. This chapter has besides presented research inquiries for the current survey and identified the research instruments to roll up informations in this respect. The research design is constructed upon a quantitative survey and a qualitative survey with well-thought-of instruments. Elementss of cogency and dependability of the questionnaire and the pilot testing of this instrument present an first-class scenario for a valid information aggregation procedure. The participants for this survey include pupils every bit good as instructors and other professionals working in close contact with the phenomenon here under probe. This chapter presented a elaborate reappraisal of the trying method every bit good as the features of both surveies to be carried out. Finally restrictions in the research design are besides presented. The consequences of the empirical survey are presented in the following chapter. How to cite The phenomenon of truancy, Essay examples
Effective Business Communication Issue
Question: Discuss about the Effective Business Communication Issue. Answer: Introduction: As part of the curriculum in MBA course, we were given the task of preparing a report as well as a presentation relevant to a real business communication issue. The criteria for the assignment were to prepare the report in compliance with the conceptual knowledge that informs the topic referring to definite and pertinent theories and models of communication. In connection to the solved assignment I was given feedback by the competent authority thereby allowing me to gain an idea regarding my performance in doing the task. The response that I received from the reviewer widened my horizon regarding the topic that was to be addressed and also helped me to identify the mistakes and drawbacks that were inherently present in the report. Hence, scopes for improvement were provided by avoiding repetition of the same errors in future. As per the feedback responses the structure of my report was found to be not institutional thereby accounting for less detailed approach in context of the given topic on professional communication. Introspecting the write up I feel the report could have been presented in a more meticulous manner in line with current and relevant findings pertaining to a business communication issue with emphasis being laid upon using the concepts retrieved from the relevant theories and models. I understood from the responses received that I should have chosen a more specific issue within the broader topic of business communication to explain and discuss more elaborately on the given topic. Moreover, I am now aware that the task did not call for conducting a case study. However I committed a major mistake by making reference to a case study and subsequently analyzed and related the crisis as depicted in the specific scenario with respect to the business communication. Further in the introduction section of the report I did not emphasize on all the key components relevant to the topic of business communication. More in depth address of the business communication features encompassing the concepts of segmentation, specificity, accuracy, timing, frequency, multi-channel involvements, face to face and two way communications. The structuring of the body of the report was not appropriate according to the comment received from the reviewer. The various models of business communication were mentioned in the report without adequate attention being laid upon identification of the key strategies that may be applicable in resolving the issues relevant to the business organization. Conclusion: The report was further found to be incomplete due to insufficient component analysis of the conclusion section. However another identified issue that was grossly wrong in my assignment included insufficient incorporation of references to support for the findings as per the recent researches. The task required inclusion of at least 12 academic references out of which 5 should have been journal based articles. This criterion was not fulfilled in my report as the number of references was less than the required limit. Therefore, paying close attention and insight into the comments received in the form of feedback from the reviewer I am in a position to comprehend that I should have paid more attention in catering the demands of the assignment. The feedback truly helped me to better analyze the intervening factors relevant to the given situation and aided in my personal growth through insight, prudence and pragmatism.
Sunday, May 3, 2020
Understanding of CSR Limitedand Samples â⬠MyAssignmenthelp.com
Question: Discuss about the Understanding of CSR Limitedand. Answer: Introduction This study helps in developing an understanding of CSR Limitedand the different environments which impact the organization. Industry factors, regulatory factors and various other external factors affect the working of CSR Limited. To deal with these factors, the management of CSR Limiteddefine overall goals and objectives of the organization in order to make the plans. This study also provides a detailed understanding of various business risk of CSR Limited. The business risk also includes various internal and external events which are relevant to the preparation of financial statements of the organization. This study also provides details of business risk that may consider at significant risk of material misstatement in the account balances of financial statements of CSR Limited. Report on the knowledge gained of CSR Limited and its environment: The Entity and its environment Industry Factors The industry factors which impact CSR Limitedare competitive environment, customer relationships, organization relation with its suppliers and different technologies advancement. The other industry factors which will impact CSR Limited are energy supply and cost, price competition and seasonal activities. The industry in which CSR Limited is carrying out its operations may lead towards risks of material misstatements in the financial statements (Australian Government, 2017). These material misstatements arise from the degree of regulations and the nature and objective of the business of the organization. Regulatory Factors The regulatory environment of CSR Limited is composed of applicable accounting policies and financial framework and the political and legal environment. The other regulatory factors which affect the organization are industry specific practices which are formed by government and the regulations which may impact the operations of the organization. Foreign exchange policies, monetary policies, fiscal policies and trade restriction policies are the regulatory factors which impact CSR Limited (Berg, 2010). Other External factors The other external factors which impact CSR Limited are general economic conditions of the organization, interest rates, availability of loan in the country and revaluation of currency. Nature of CSR Limited CSR Limited is carrying out its business activities in according with the industry factors, regulatory factors and other factors. To deal with these factors, the management of CSR Limited define overall goals and objectives of the organization in order to make the plans. The management of the organization formulates various strategies in order to achieve the goals and objectives and theses strategies by the top management changes from time to time (De Martinis et. al., 2011). For assessment of risk, the auditor should develop a proper understanding on the nature of CSR Limited. The nature of CSR Limited primary consists of ownerships, governance and the other types of investments. The Auditor should also identify the structure of CSR Limited and the availability of finance for the organization. This understanding will help the auditor to properly make an understanding about classes of transactions, disclosures and account balances in the financial reporting system (Keane et. al., 2012). The auditor should also develop an understanding about the ownership and the key personnel of CSR Limited and their relationship with each other in order to identify the related party transactions in the organization. The auditor should develop an understanding about the measurement of the financial performance of CSR Limited. Financial performance measurement in the organization always creates inbuilt pressure to take some reasonable steps in order to improve the performance of the organization. This will help the auditor to identify whether the management actions can lead towards material misstatement or not. The The auditor should obtain a particular understanding through carrying out various procedures regarding risk assessment in order to identify the design of controls which can play an important role in the audit of the financial statements of the organization (Asare and Wright,2012). This will also help the auditor that these controls have been implemented in the organization or not. Identify and assess its business risk: There is various business risk of CSR Limited which is discussed here. The business risk can be regarding to the preparation of the financial statements according to the applicable financial standards and reporting system prevalent in the country. The business risk to the organization can be to make an estimation of the importance and assessment of the occurrence of transactions in order to make a decision regarding the results which have to be attained. The business risk also includes various internal and external events which are relevant to the preparation of financial statements of the organization. The internal and external events in the organization have the ability to affect the financial reporting and the financial data consistently (Aldamen et. al., 2012). The management of the organization can make plans and actions in order to mitigate the risks. The business risk in the organization can arise due to some changes in the circumstances- When there is a change in the operating environment of the organization then there arises a risk of competitive pressure which can lead towards the risk in misstatements of account balances regarding assets and liabilities and equity interest (Lary and Taylor,2012). When new personnel is hired in the organization than this raises the risk of misstatement in the transactions of the financial statements because the individual may have different focus towards development on understanding of accounting policies and practices adopted by CSR Limited. If the new information technology system is implemented in the organization than this arises the business risk of misstatements in the financial statements because rapid changes in technology can made the personnel of CSR Limited incapable of development of an understanding of how the calculations has to be done with these new systems of the organization (Azim, 2012). If CSR limited wants to do corporate restructuring than it arises the risk of misstatement of assets and liabilities because the professionals will face difficulties in segregation of the liabilities and assets. Adoption of new accounting practices and policies by CSR limited can lead the business risk of misstatement in the financial statement because changes in accounting principles always have affect on financial reporting (Stanley and Marsden, 2013). CSR Limited is thinking of entering into new business areas and wants to expand its business which may lead towards business risks as it will lead towards misstatement in the transactions of the various account balances of the organization (Mazza and Azzali, 2015). Three specific account balances (not account classifications) at significant risk of material misstatement Specific account balance Assets and Liabilities Equity Interests Transactions (a) Explain why the account balance is at significant risk of material misstatement. The account balance of assets and liabilities can be at significant risk because there can be over statement in the assets and liabilities of CSR limited. There can be inclusion of fictitious receivables or inventory which can lead towards material misstatement. This phenomenon is very much related to the happening of occurrence of transactions in the organization. There can be omission in the assets and liabilities Of CSR Limited that has not been disclosed by the organization and thus generates the significant risk of material misstatement (Christensen et. Al., 2012). The account balance of equity interests of CSR Limited can be at significant risk when equity interests are not valued and recorded properly and all the information regarding account balance of equity interests are not disclosed properly. There arises a significant risk if the balance of equity interests has not shown an appropriate amount at the time of valuation and the balance of equity interests has not recorded in the proper accounts. If the equity interests of the current accounting period are not recorded than it can lead towards material misstatements. The account balance of transactions of the organization is at significant risk of material misstatement because if the transactions are not recorded when actually occurs and does not relate to the organization. If there have been errors at the time of preparation of financial statements or at the time of posting the transactions into ledger than it can lead towards significant risk. The transactions are not measured properly at the time of putting them into financial statements, than it can lead towards material misstatement. (b) Explain the key assertion at risk of not being valid. The key assertion at risk of not being valid for assets and liabilities for CSR Limited is that the organization represents the yearly financial statements according to the applicable provisions and policies of the financial framework of reporting and other statutory reporting requirements and according to the policies of Government of the country (Eilifsen and Messier, 2014). CSR Limited follows all the prescribed regulations regarding measurement, recognition and presentation of assets and liabilities and other events and provides all the required disclosures. The key assertion at risk of Equity interests is not being valid for the organization i.e. CSR Limited because Equity interests are appropriately recorded in the financial statements and a full description is provided for them by the organization. The related disclosures and understanding on equity interests is provided by CSR Limited in according to the current accounting and financial reporting framework (Chen and Roberts, 2010). Risks of material misstatement at the level of assertion for the classes of transactions is not being valid for the CSR Limited because the organization at a considerable level assists in determining the nature and class of transaction to the extent of procedure of audit in order to get sufficient evidence and disclosures to put in the financial statements (Cao, 2010). (c) Detail one (1) relevant substantive audit procedure to address the assertion at risk as identified in b) above. The audit procedure of CSR Limited firstly includes the consideration of auditor for making the required disclosures in the account balances of the organization. The auditor use both quantitative and qualitative disclosures in order to identify the risks and the misstatements respectively. Substantive procedures are carried out by the auditor in order to detect material misstatements and to address the assertion. The auditor design details of the tests to be undertaken in order to assess the risk with the major objective of getting relevant evidence for the audit procedure. This will help the auditor to achieve planned level of assurance at the assertion level. In designing the substantive procedure regarding existence of assertion, the auditor selects various items and transactions from the financials of the organization and thus obtains the audit which can be considered relevant. In designing an audit procedure and to get a complete assertion at risk of misstatement, the auditor in vestigates different items of the financial items and their reasonability on inclusion in the financial statements (Margret and Hoque, 2016) The nature and extent of the substantive audit procedure depends on the financial reporting complications of the organization and the risk associated with material misstatement. (d) Detail one (1) relevant practical internal control that would mitigate the risk in relation to the assertion at risk as identified in b) above. Communication and enforcement of integrity and ethical values is one of the practical internal controls that would help in mitigation of the risk in relation to the assertion at risk. Integrity and ethical behaviour of the individuals in the organization brings the effectiveness in the control system will help the organization. The enforcement of integrity and ethical valueswill help the management to remove or mitigate risks of the individuals acting dishonest or illegal for some temptations. When the organization communicates the organization policies on ethical values and integrity than the behavioural patterns of the individuals can be set in order to mitigate the risk. This will help the organization to mitigate the risk of any fraudulent activities in the organization and helps to maintain the reputation of the organization in the market (Contessotto and Moroney, 2014) Conclusion From the above study it can be concluded that CSR Limited is carrying out its business activities in according with the industry factors, regulatory factors and other factors. The industry factors which impact CSR Limited are competitive environment, customer relationships, organization relation with its suppliers and different technologies advancement. 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