Thursday, October 31, 2019
Critical analysis Essay Example | Topics and Well Written Essays - 1000 words
Critical analysis - Essay Example These can offer the employees a strong establishment for the aim of attaining a competitive edge (Enrensal, 2006, p.17). A career is termed as an individualââ¬â¢s occupation that deals with how an individual earns his or her living. Career management encompasses the process where people invest their resources for the aim of achieving career objectives (VonHippel et al, 2000, p.102). Career management is not a one day undertaking but rather a long-term process that is vital for the adaptation of the evolving demands of the 21st centuryââ¬â¢s economy. Various economic changes taking place in the economy tend to have a great impact on the income distributions and employment opportunities available in the world. During career management sessions, employees are trained on the adoption of suitable beliefs, attitudes, and values that fit in todayââ¬â¢s job environment. Career advice given to individuals assists in changing their working behaviors as well as to help them in self dis covery in order to meet the needs of employers who are highly influenced by effects of globalization (Grey, 2002, p.445). Worldwide competition, technological change, and adjustments in consumer preferences have greatly impacted on the quality and the type of employment available thus necessitating the need for organizations to embark on career management practices. Career management therefore takes two forms; can either be conducted at an organizational level or at an individual level. In todays market settings competition and the cost economics presents a lot of insecurities in the job market. On the other hand competition and evolution industries are opening a surfeit of opportunities for the people to select from (Personal Career management, 2012). New job openings and associated threats results in the job market becoming extremely unpredictable. In this type of uncertain environment, it is eventually the role of an individual to make his or her own decisions on what to pursue f or the preferred career. The individual ambitions attached to the upcoming business developments are used to shape up the individual career options. An organization in this case can try and support the career aspirations of an individual; if at all the career is falling in line with the goals of the organization. Thus with the notion of careers in the contemporary world, an individual is required to adjust the way careers were viewed traditionally. A job is no longer a mere means of getting money but rather should be looked at as a means of acquiring knowledge. As much as the individual is working on meeting the objectives of the company, he or she is also making strengthening his or her skill for the aim career development (Alagse, 2012). Career management is termed as the initial responsibility of any individual. Pursuing of the preferred career by an individual is a long process where he endlessly gets to learn things pertaining to his personality, purpose, interests and abilitie s. It calls for rigor and much focus at each and every step of career management. This particular person must incessantly review his or her assignments and try to come up with alternative outlook of the job, which assists in enriching an individualââ¬â¢s experience. An interrupted relook at the current job and the organization that an individual is serving alongside the available opportunities in the outside world will enable an individual
Tuesday, October 29, 2019
Library essay Essay Example for Free
Library essay Essay In this day in age, libraries are very important. There are various reasons as to why they are important. Even with many libraries closing throughout the country, they remain a necessity for youth, anyone who has to access information that it has to find on the internet. Not everything is available on the internet. There is also digital libraries which are useful but you canââ¬â¢t find everything you would in a library. There are somethingââ¬â¢s on the internet that when you find them it may require you to have a subscription. The internet doesnââ¬â¢t have an experiment librarianââ¬â¢s physically by your side to help at any time you would need it. One of the big reasons why libraries are important is that not everything is available to you on the internet. It is an issue because the majority of books have copyrights laws which prevents information from being put out on the internet, or becoming digital. Most writers have their information in books, and with the copyrights laws it cannot be accessed via the internet. Even if the internet has some information that you may need, having a physical book with dated information can be a much better use for getting the most information that you need. Also they have a limited database that may require you to have a subscription to find a greater deal of the content online, rather than having it all for free at a physical library with more extensive information. Another reason why libraries are important is that it is a place where people can go to study. At the library you have plenty of space to get your work done. Also there isnââ¬â¢t as much as a distraction due to the library having strict rules against loud noise. Most people find it hard to get stuff done when there is a lot of things going on around them; or when the things that are going on around them are loud. Having a piece of mind is something that a library can provide that nowhere else can with all the resources inside to get done whatever task you may need to complete. Having a physical librarian available also is why libraries are important. A physical librarian will always be there to answer any questions one might have about a topic. It also makes it easier to continue to process the information that one might already have with extra assistance on the topic. Librarians are also critical to help children who may have never been to a library, or they might not know how to look for things within a library. They teach kids the skills of how to do research, search for topics, look at the wide range of databases that only libraries have. Librarians also encourage children to read, something that is a positive thing to have when kids today donââ¬â¢t like to read. Having them there to encourage them makes it easier. Having the ability to take books out to use for free is a positive for libraries. The fact that libraries donââ¬â¢t charge you anything to check out books makes libraries very important. For those who canââ¬â¢t buy books from a bookstore or other source, going to a library to borrow one saves them money. At libraries you can also make copies of certain pages that you need instead of taking the whole book with you. This makes it easy for people who donââ¬â¢t need the whole book but instead just pieces of info out of it. The convenient nature that a library has to offer makes it very important. Money is a topic that everyone is conscious about, and having to pay for subscriptions to some content online makes having libraries around a necessity. Another reason why libraries are important is because they offer free internet. Having a tool like the internet being free for use draws people to use libraries. Most people who have laptops or desktop computers have to pay for their high speed internet service, or be lucky to find Wi-Fi service without paying for it. Knowing that a library has free internet you can go there and take advantage of that and the resources that a library has to offer. You have people who go to the library just because of the free internet. While others utilize the free service and other tools libraries have to offer. Also libraries are important because they are courses on skills that can help you in the real world. Libraries have many courses available for use to people who may need them. Some of the things they offer are help with English, resume building skills for those who may be entering the job force. If English isnââ¬â¢t your native language they have courses that can help you develop the ability to speak English. You might need help with creative writing which is also something that libraries have to offer. All of these services are free of charge as long as you have a simple library card on hand with you. Libraries also offer readings groups. Some may call them study groups, but the reading groups the library has to offer also makes it important. You might be a person who prefers to study with a group of your friends to better understand the topic. Or you might like groups because of the interaction of people sharing their different perspectives on the subjects they talk about. Itââ¬â¢s almost like a group meeting. Having the ability to set a time, while already knowing the exact place where you will meet up with your peers to discussion any you want. With the library being a relaxing environment because the of the strict noise rules it you piece of mind and the opportunity to have these meetings without be distracted by outside issues. Another extraction that makes libraries important is that some of them exactly offer cafes. These cafes are something that is growing worldwide. With the addition of places like Starbucks, having cafes in libraries gives people another alternative if they donââ¬â¢t like coffee. At the library cafes you can enjoy what the library has to offer. Some libraries have the ability to offer music books that you can use to follow along, or use them to study to your advantage. Also there are DVDââ¬â¢s that are available at literary for those who like to visually learn about whatever topic they choose. It creates a place that keeps those who go relax while they get done what they need. It could be finishing up a school assignment, or getting a project done for work that requires some research to be done. Libraries also offer an extensive collection of historical items whether itââ¬â¢s local or nationally. If youââ¬â¢re looking to know about your city at a certain point of time, a library has the best source best. You can check out a book that will tell you where a building was located, and what they did in that building. You can find out the change in population that your city has had as the times changes. You can also find that buildings in those times were more structures sound than the buildings of this age. Nationally libraries keep records of everything like climate changes, and the amount of colleges and universities that the country has. You could never go wrong when searching for a book in the library about local or national news. Libraries databases are so extensive that they can brings up information from years ago. This is something that you will not be able to find anywhere also but a library. Libraries offer a huge amount of study space. Having a huge amount of study space is something most people enjoy. You have the freedom of a big table where you can lay everything you have in front of you. Rather than being in at a tight desk where you might be able to have one piece of information on the table. Having more on the table keeps you from searching all over for that one page or book that might be missing. This is something that will allow for librarians to better help you as well because they can join you at the table to discuss your topic. Having two people at one table working on the same subject always helps get a task done. All of these reasons are largely why libraries are important. Itââ¬â¢s something free that everybody can that advantage of. You canââ¬â¢t find what a library has to offer anywhere else. Itââ¬â¢s doesnââ¬â¢t matter what age you are, at the library there something for all age groups to do. Closing down these libraries is a decision that should not happen. It is important to todayââ¬â¢s youth for these libraries to stay open because they benefit the most from libraries being open. Closing them would simply say that todayââ¬â¢s youth is not a top priority to worry about.
Sunday, October 27, 2019
Analysis of the Retail Industry in India
Analysis of the Retail Industry in India Many changes have occurred in the marketing environment in recent years. Undoubtedly, the marketing environment will continue to evolve and change, often in very significant ways, in the coming years. Shifts in consumer behavior, competitive strategies, government regulations or other aspects of the marketing environment can profoundly affect the fortunes of a retail sector. Besides these external forces, the industries may engage in a variety of activities and changes in strategic focus or direction that may necessitate minor or major adjustments. The research aim is to highlight the current situation of the Indian Retail Industry as well as to provide facts and figures regarding the probable loopholes and the scope for augmentation. During the recent years of globalization, economies in Asia and the Pacific grew rapidly until the current global economic and financial crisis appeared in mid-2007. This acceleration of growth, in which international trade has played an important role, has helped Asian and Pacific countries to make impressive strides in economic development (ESCAP, 2009). At the same time, empirical evidence suggests that in some supply-constrained larger economies in Asia and the Pacific, such as China, India and Indonesia, wealth through trade has been accompanied by rise in inequality. The basic aim of the paper would be to analyze the retail industry in India and to understand the issues prevailing in this industry and the future prospective of the retail industry. The aim of the paper would be to answer the following research questions; Is Indian retail industry sustainable? How does the Indian retail industry compete with the industries all around the World? Is the retail industry more beneficial than other industries in India? Does the involvement of government in this industry is satisfactory? What improvements could be made in the Indian retail industry ? The Literature Review Like some other retail industries the Indian industry is divided in two sectors i.e. organised and unorganized one. The organised portion deals with the trading activities practiced while possessing licenses and having registrations for sales and income tax. This division includes corporate backed hypermarkets and retail chains and the privately owned large retail businesses. Secondly, the unorganized one who practices traditional style of low-cost retailing like grocery stores named as Kiriana Stores, general stores, Paan / Beedi shops, convince stores, hand carts and pavement, vendors, etc. Moreover, the traditional markets are preparing to adopt new designs like departmental stores, specialty stores and supermarkets. The Indian retail sector is greatly split with 97 % of its being executed by the unorganized retailers like the traditional family run stores and corner stores. The organized retail however is at a very embryonic stage although efforts are being made to boost its share. The sector is the largest source of employment after agriculture, and has deep penetration into rural India generating more than 10 % of Indias GDP. The fact of Chinas retail sector becoming saturated, international retailers considers India as the last retailing frontier left. Though, the Indian Government restrictions on the FDI are creating uncertainties among the international players like Walmart, Tesco and many other retail giants struggling to enter Indian markets. As of now the Government has allowed only 51 per cent FDI in the sector to one-brand shops like Nike, Reebok etc. Therefore, other international players are taking alternative ways to pierce the Indian retail market indirectly via strategic licensing agreement, franchisee agreement and cash and carry wholesale trading (since 100 per cent FDI is allowed in wholesale trading). The structure of Indian retail is emerging swiftly with shopping malls becoming increasingly common in the large cities and development plans being projected at 150 new shopping malls by 2008. However, the traditional formats like hawkers, grocers and tobacconist shops continue to co-exist with the modern formats of retailing. Modern retailing has helped the companies to increase the consumption of their products for example: Indian consumers would normally consume the rice sold at the nearby kiranas viz. Kolam for daily use. With the introduction of organized retail, it has been noticed that the sale of Basmati rice has gone up by four times than it was a few years back; as a superior quality rice (Basmati) is now available at almost the same price as the normal rice at a local kirana. Thus, the way a product is displayed and promoted influences its sales. If the consumption continues to grow this way it can be said that the local market would go through a metamorphoses of a change and the local stores would soon become the things of the past or restricted to last minute unplanned buying. Research Methodology Introduction This section spells out the procedures and the methods that the researcher can employ in achieving the objectives of the project so highlighted in the abstract of this paper. It defines location of the study, research procedures and analysis plan that would be put in consideration when carrying out this particular research. The research is supposed to start with the clear understanding of the research objectives as well as the hypothesis. Success of the project will depend on the provision of satisfying information in line with the objectives and hypothesis (Myers, 2002). The objective of the research just as a recap is to identify the effective mechanisms risk exposure and fÃâââ¬ânà à °ncÃâââ¬âà à °l policy considering the à à °nà à °lysÃâââ¬âs of à à µmà à µrgÃâââ¬âng markets used in order to gain the competitive. It is important to note here that this research was mainly based on the questionnaire even though other research methodologies were briefly discussed. Sample questionnaire used is as shown in the appendices. Research methodology is a master plan specifying the methods and procedures for collecting and analyzing the data. It is a strategy or blueprint that plans the action for carrying through the research project data. A research design involves a series of rational decision-making choices depending upon the various options available to the researchers. Broadly it is composed of different elements like: the purpose of the study, the unit of analysis, time dimension, mode of observation, sampling design, observation tools, data processing, and data analysis. Mainly two techniques of research, Qualitative and quantitative are utilized. Though both of the methods have their own significance, the use of exploratory quantitative research design for this study appears to be appropriate. Research Design Research is an endless effort for truth. It certainly bring to light new knowledge or corrects previous errors and misconceptions and adds to the existing body of knowledge in an orderly manner. The research was aimed at highlighting the significance of branding for an organization and to evaluate the importance being given at pizza hut setup. This part deals with procedure adopted to conduct the study. The researcher had to depend on the related literature and structured questionnaires. Descriptive data were typically collected through a questionnaire survey, an interview or observation. Primary research. Primary research is the collection of data that does not exist. This can be through numerous forms: including questionnaires, telephone conversations, surveys, etc. As pertained to this project, the primary sources would likely be the risk exposure and fÃâââ¬ânà à °ncÃâââ¬âà à °l policy considering the à à °nà à °lysÃâââ¬âs of à à µmà à µrgÃâââ¬âng markets. The major merit with conducting primary research is that it accurate. However, the disadvantage of primary research is that it may be time consuming, as it involves dealing with people from various regions, the human sources may only become resourceful out of their own willingness, and this may take them quit sometimes before making up their minds to tell you what they know or give you their side stories about your questions (Focardi Fabozzi, 1998). Secondary research on the other hand is the collection of existing data, that is, in contrast to primary research. For example: research on experiments or specific subjects. The merit of secondary research is that its not time consuming however a disadvantage is that the information retrieved may not be relevant. Data Collection In research studies, the source of data is two-fold. Data comes from the inner world of libraries as well as from the outer world of human being. It is either the shelved data or it is the data acquired live from the people involved in the study. This research being in the marketing, and the prime subject of the study is retail sector, the researcher aims to collect data mainly from the respondents. After considering the various methods of data collection such as ethnographic style, survey, experimental style, and narrative enquiry, a questionnaire survey was chosen as it allows the collection of highest opinions within the time span of the project as well as the fact that the results could be accurately mapped and correlated to provide quantitative information. Choice of research philosophy Another aspect that is of great significance in this research would be the research strategy. Its the research strategy shows which methods a researcher adapts to answer the research objectives or questions. There are types of research strategies that can be employed in conducting a research study. These include experiments, case studies, survey, theoretical perspectives, cross-sectional and longitudinal studies. It is imperative to examine some of these strategies while paying particular attention to the case study method which will be applied in this particular research. Survey is another important research strategy that has was popular in conducting this research. Surveys allow the collection of a large amount of data from a large population .This implies that the researcher can conduct surveys and question specific groups of people to obtain large amount of information relevant to the subject of the survey. The data is usually collected from the people either via questionnaire or orally. The purpose of the survey was to establish and analyze views of respondents in order to find what they think about particular situation, case or statement. However, despite the fact that the views from a large number of respondents can be gathered through the survey strategy, the data obtained may not all reflect to the objective of the research at depth (Kendrick, 2009). Case study is a research strategy which involves investigation of a particular contemporary phenomenon in the real life situation using multiple sources of evidence. More elaborate explanation on the nature of the case study as a research strategy was given by Frenkel, Hommel, Dufey Markus, (2005). in whose view case study represents a specific way of collecting, organizing, and analyzing data. Grounded theory represents a strategy which posits that the data is collected through observations and compared to various theoretical frameworks in order to discover which of the data is the most appropriate. This leads the researcher into making predictions about the studied phenomena prior to putting the findings into test. However, the aim of grounded theory is to make studied data records well-developed and understood and to verify relationships between the findings and the case study in question (Frenkel, Hommel, Dufey Markus, 2005). Questionnaires This research was mainly carried out by the use of a questionnaire. The questionnaire enabled the information to be gathered from many respondents who were directly involved in risk exposure and fÃâââ¬ânà à °ncÃâââ¬âà à °l policy considering the à à °nà à °lysÃâââ¬âs of à à µmà à µrgÃâââ¬âng markets. Use of a questionnaire as a quantitative method for collecting data from the sources is the most appropriate method of collecting mass responses and as such, providing a good method of comparative analysis. The questionnaire will cover a number of data sources to find out opinions and views regarding the planning strategies required in risk exposure and fÃâââ¬ânà à °ncÃâââ¬âà à °l policy considering the à à °nà à °lysÃâââ¬âs of à à µmà à µrgÃâââ¬âng markets. Designing good questionnaires requires significant skills and experience. The researcher embarks on the study by setting up survey questionna ires that address issues relevant to the interviews conducted. It is important to pilot or test the questionnaire as fully as possible before distributing them to the interviewees to fill them. A sample questionnaire is like the one shown in the appendices below. This questionnaire enabled elaborate information to be obtained from the players in the restaurant industry (Lam, 2003). Interviews In order to achieve the purpose of the investigation, the key focus lies on finding out which techniques should be applied. Interviews were the best method for understanding this research. A respondent interview is one where the interviewer directs the interview and the interviewer responds to the questions of the researcher. And to add more weight on this observation, Borodzicz, (2004). added that the standard survey interview is itself essentially faulted and that it therefore cannot serve as the ideal ideological model against which to assess other approaches. He Borodzicz, (2004).also elaborates by describing interviews as the verbal exchange of information between two or more people for the principal purpose of one person or group gathering information from the other. And that Semi structured interviews enable one to fix and control circumstances in order to collect appropriate data while remaining flexible and responsive (Borodzicz, 2004). In order to analyze the psychological and behavioral reasons for decisions of the sources, the collected primary data should be collected through the distribution of questionnaires. They however emphasized it is very important to note that questionnaires should reach the right people, to allow for an appropriate amount of information to be collected. Different types of interviews that the researchers may opt to apply to their studies. The three are inclusive of structured interviews, semi-structured interviews, and unstructured interviews. (Pritchard, 2005). Structured interviews consist of closed-ended questions, where the structure of the questions, responses and the interview itself is decided prior to the interview. The interviewer has more control over the responses, and can lead the interview into the direction they want. However, the responses received are limited. Semi-structured interviews consist of closed and/or open-ended questions, allowing the interviewer to have some control over the responses and the interview. Although the open-ended questions allow the interviewee to express themselves and encourage them to present their views and opinions. Unstructured interviews consist of open-ended questions that do not restrict the interviewees responses, therefore collecting a wide range of information. This kind of interview is more supple in-terms of the questions being asked and their ordering, all depending upon the interviewees responses. After considering these different types of interviews, Questionnaires are considered mor e useful for this study. This is necessary, as it allows gaining a deeper understanding of the participants views. In the usage of the interview the management of organizations in à à µmà à µrgÃâââ¬âng markets were interviewed to get there view on how they operate (Silva, 1995). Data Analysis Process The process involves the researched applying reasoning in order to understand and interpret the data collected. In simple descriptive research, analysis may involve determining consistent patterns and summarizing the appropriate details revealed in the investigation (Zikmund, 2003, P. 73). Sectors of the market chosen to research and why you chose these sectors Use of research tools such as questionnaires, interviews, relevant journals, periodicals and data sampling and machines would be utilized in the process conducting the interview. Experts would be needed to conduct the research. In implementing the activities, both the quantitative and qualitative approaches was considered, where by qualitative data are those that would be based on the spoken words while the quantitative data would be generated from the overall data collected based of accuracy and efficiency The research project was scheduled to run for a period of one year and a few Months within which industries in à à µmà à µrgÃâââ¬âng markets would be put under scrutiny and rigorous investigations to ascertain the objectives of the research. Research validity and reliability A debate about the findings of the preceding literatures on retail industry considering the à à °nà à °lysÃâââ¬âs of à à µmà à µrgÃâââ¬âng markets inevitably includes a discussion of research, normally referring to the way in which the data were collected. This research being a phenomenological, all questions are related to theoretical characteristics discussed in literature preview. The process would therefore be accurate in collecting, analyzing and sampling data; hence the validity of result would be quite high. Considering that there are many different aspects of validity, which influence the validity of the research in general. Relationship between your research aim, research questions, research objectives and research methods. The methodology which was exploited here mainly through the questionnaires and the interviews were most appropriate as they enabled the most information to be obtained. Many respondents could be reached within a short period of time while sampling enabled a comparison to be carried out on the different organizations in à à µmà à µrgÃâââ¬âng markets. They helped in the real understanding on retail industry considering the à à °nà à °lysÃâââ¬âs of à à µmà à µrgÃâââ¬âng markets has actually been carrying out its activities which have actually helped it in realizing a competitive in the market (Borodzicz, 2004). Anticipated Outcomes The retail industry in India is currently growing at a great pace and is expected to go up to US$ 833 billion by the year 2013. It is further expected to reach US$ 1.3 trillion by the year 2018. As the country has got a high growth rates, the consumer spending has also gone up and is also expected to go up further in the future. In the last four years, the consumer spending in India climbed up to 75%. As a result, the India retail industry is expected to grow further in the future days. Despite the fact that the Indian retail market is expected to grow but some challenges are still required to be addressed. These challenges include the deficiency of sufficient infrastructure amenities, elevated prices of real estate, divergence in consumer groups, tax structure, limitations in Foreign Direct Investment (FDI), shortage of trained manpower and low retail management skills. The research will focus to highlight all the challenges being faced to the Indian retail market and to suggest the strategies and methodologies to cater these challenges. The effective management of above said challenges will not only enable to achieve the projected growth in the retail sector but will also enable to enhance the factor of consistency in growth. Appropriateness of triangulation to research The essence of applying triangulation is for the sake of indications of applicability of several methods (excess of two) in the course of the study in consideration of checking double or even triples results checking otherwise known as cross examination. The idea behind the concept is for the researcher to express a high degree of confidence in consideration of the results of diverse methods that give similar results. In case a single method was applied by the researcher, there is a higher tendency of believing that the results are valid. The application of more that a single method may result to a clash of the results. The application of about three methods attempting to derive an answer may lead to a similarity of answers from two out of the three methods used. In case of an occurrence of a crash there is then a need of reframing the question (HSE, 2006). Limitations of the research Limitations are usually present in every research and these limitations actually tarnish the results of the research. Certain limitations are also associated with this research. One of the biggest limitations of this research is lack of budget and lack of time. Besides that there are certain other limitations like the non-serious attitude of the respondents might tamper the entire results of the research. The interviews that will be conducted and the questionnaire cannot be fully utilized in this scenario because the respondents are not serious in their attitude when they are filling out the questionnaires or when they are giving the responses to the researcher. The lack of time given by the respondents can also be another limitation of this research. If the respondents have lesser time than it is highly probable that they might not take the research properly and ultimately the final results of the research would be affected in this scenario. Finally, it can be said that certain chun ks or sources of secondary research can also be treated as a limitation of the research. This is because of the fact that these sources are not valid or they are not updated therefore the data that is attained from these sources might affect the entire results of the research. Therefore, the researcher should take utmost care about all these constraints and try to minimize it.
Friday, October 25, 2019
Faulkner Vs McCarthy Essay -- essays research papers
McCarthy vs Faulkner à à à à à Though Cormac McCarthyââ¬â¢s All The Pretty Horses and William Faulknerââ¬â¢s The Unvanquished are completely different, their style and plot techniques share more similarities than differences. All The Pretty Horses and The Unvanquished both depict the importance of honor in a persons life, whether it be honor through vengeance, honoring family, or honoring the tradition of woman, these two novels teach that honor can create a stronger person. à à à à à Vengeance plays an important role in both books. ââ¬Å"At first Granny had not wanted to be dead either but now she had begun to be reconciled. We unwrapped it from the jagged square of stained faded gray cloth and fastened it to the board. ââ¬ËNow she can lay good and quiet,ââ¬â¢ Ringo said.â⬠(Page 184) Bayard and Ringo would be considered cowards and shunned from their plantation if they had not gone out to hunt down Grumby. Killing the murderer was the only type of justice served and accepted in society back then. John Grady Cole felt a great load of pressure on himself for Blevinsââ¬â¢ death, and he knew it would be everlasting if he did not avenge Blevinsââ¬â¢ death. John sets out with a passion to kill the captain and regain the horses, but realizes that the captain will have a tougher time staying alive and John letââ¬â¢s him go. This relieves the tension that Blevinsââ¬â¢ death caused. à à à à à Honor towards family plays one of the most important roles in The U...
Wednesday, October 23, 2019
About the Patientsââ¬â¢ Vital Informations
The male patients being dealt with in the case is a 35 year old male who is married. He has been reported to have been involved in drinking since he was 16 years of age.It could be noted that during those years, he developed a certain level of tolerance with the effect of alcohol upon his physical system. Within those years of tolerance, alcohol became medicine-like source of his calmness.He claims in his narration of his experiences that he has normally been alcoholically dependent to the liquor that he drinks until his tolerance grew even weaker that he became much involved with drinking during parties. He admitted having to drink three rounds during parties then later on in the morning, he would still need to have another drink upon waking up to keep his sense back to normal for his job. At first, the seriousness of his tolerance towards the matter has not been recognized at once.However, although he denied telling the physicians with regards his passing out at times, several memo ry problems every now and then, having hepatitis illness, and also having a diminished sexual drive, it cannot be denied that as the years of tolerance prolonged, his ability to perform his responsibilities to his family and his wife as well as his responsibilities in the job accurately diminished as well.Although he continued denying the fact that there are already changes happening within his personal behavior, the symptoms became more and more obvious that it already affected his personal relationships and his reputation as an individual, most likely in terms of his professional life as he continues as an officer in an engineering company.It is undeniable that his personal adjustments needed to be given attention to. Hence, he attended a 28-day in-patient alcohol rehabilitation process and later on continued a three month AA therapy. He was also given a tranquilizer by a physician; however, because of fear of being depended in the medicine, he refused to take the prescription giv en to him.It could be noted through his narration of his past experiences and the progression that he particularly shows with regards his situation proves that he is quite in denial of the fact that he is already having a great tolerance with liquor intake. This effect upon his personal behavior could be noted to have detrimental effects with his personal dealings.This is the reason why it is very important that the said individual be given assistance through professional help. It may be true that he is indeed in denial, but through careful assistance, it is undeniable that the process could still be successful for both the therapist and the patient himself.
Tuesday, October 22, 2019
The 4 Mitosis PhasesProphase, Metaphase, Anaphase, Telophase
The 4 Mitosis PhasesProphase, Metaphase, Anaphase, Telophase SAT / ACT Prep Online Guides and Tips In order to heal an injury, your body needs to replace damaged cells with healthy new ones...and mitosis plays a crucial role in this process! Mitosis is a process of cell division that helps you stay alive and healthy. In other words, in the world of cell biology, mitosis is kind of a big deal! But like with anything science-related, mitosis can be sort of confusing when you first try to understand it. The key idea is that the process of mitosis involves four phases, or steps, that you need to understand if you want to understand how mitosis works. In this article, weââ¬â¢re going to do the following things to break down the four steps of mitosis for you and help you get acquainted with the mitosis phases: Briefly define mitosis and eukaryotic cells Break down the four phases of mitosis, in order Provide mitosis diagrams for the stages of mitosis Give you five resources for learning more about the phases of mitosis Now, letââ¬â¢s dive in! Feature image: Jpablo cadand Juliana Osorio/Wikimedia Commons (Marek Kultys/Wikimedia Commons) What Is Mitosis? Mitosis is a process that occurs during the cell cycle. The role of mitosis in the cell cycle is to replicate the genetic material in an existing cell- known as the ââ¬Å"parent cellâ⬠- and distribute that genetic material to two new cells, known as ââ¬Å"daughter cells.â⬠In order to pass its genetic material to the two new daughter cells, a parent cell must undergo cell division, or mitosis. Mitosis results in two new nuclei- which contain DNA- that eventually become two identical cells during cytokinesis. Mitosis occurs in eukaryotic (animal) cells. Eukaryotic cells have a nucleus that contains the cellââ¬â¢s genetic material. A crucial part of mitosis involves breaking down the nuclear membrane that surrounds the cellââ¬â¢s DNA so that the DNA can be replicated and separated into new cells. Other types of cells, like prokaryotes, donââ¬â¢t have a nuclear membrane surrounding their cellular DNA, which is why mitosis only occurs in eukaryotic cells. The main purpose of mitosis is to accomplish cell regeneration, cell replacement, and growth in living organisms. Mitosis is important because it ensures that all new cells that are generated in a given organism will have the same number of chromosomes and genetic information. In order to accomplish this goal, mitosis occurs in four discrete, consistently consecutive phases: 1) prophase, 2) metaphase, 3) anaphase, and 4) telophase. Our in-depth post on mitosis is coming soon, so you can think of this as an intro to what mitosis is and how it works! What we want to focus on in more detail here are the 4 stages of mitosis: prophase, metaphase, anaphase, telophase, and what happens during those phases! So letââ¬â¢s get down to it. The 4 Phases of Mitosis: Prophase, Metaphase, Anaphase, Telophase So what are the stages of mitosis? The four stages of mitosis are known as prophase, metaphase, anaphase, telophase. Additionally, weââ¬â¢ll mention three other intermediary stages (interphase, prometaphase, and cytokinesis) that play a role in mitosis. During the four phases of mitosis, nuclear division occurs in order for one cell to split into two. Sounds simple enough, right? But different things occur in each step of mitosis, and each step is crucial to cell division occurring properly. That means successful cell division depends on the precision and regulation of each phase of mitosis. Thatââ¬â¢s why itââ¬â¢s important to be able to understand and articulate the role of each phase in mitosis overall. Also: you may have seen or heard the parts of mitosis called different things: mitosis phases, the stages of mitosis, the steps of mitosis, or maybe even something else. All of those different phrases refer to the exact same process. As long as you remember that the phases/stages/steps of mitosis always happen in the same order, it doesnââ¬â¢t really matter which of those phrases you use! Next, weââ¬â¢re going to breakdown the four phases of mitosis in order so you can understand how mitosis occurs through each phase. (Ph. Immel/Wikimedia Commons) Interphase: What Happens Before Mitosis We can think of interphase as a transitional phase. Interphase is when the parent cell prepares itself for mitosis. This phase isnââ¬â¢t considered part of mitosis, but understanding what happens during interphase can help the steps of mitosis make a little more sense. You can think of interphase kind of like the opening act. They arenââ¬â¢t the band you came to see, but they get the audience warmed up for the main event. Interphase occurs prior to the beginning of mitosis and encompasses whatââ¬â¢s called stage G1, or first gap, stage S, or synthesis, and stage G2, or second gap. Stages G1, S, and G2 must always occur in this order. The cell cycle begins with stage G1, which is a part of interphase. So how does the parent cell prep itself for mitosis during interphase? During interphase, the cell is busy growing. Itââ¬â¢s producing proteins and cytoplasmic organelles during the G1 phase, duplicating its chromosomes during the S phase, then continuing to grow in preparation for mitosis in the G2 phase. In the cell cycle, interphase doesnââ¬â¢t just occur before mitosis- it also alternates with mitosis. Itââ¬â¢s important to remember that this is a recurring cycle. When mitosis ends, interphase starts up again! In fact, in the grand scheme of the cell cycle, mitosis is a much shorter phase than interphase. (Kelvinsong/Wikimedia Commons) Phase 1: Prophase Prophase is the first step of mitosis. This is when the genetic fibers within the cellââ¬â¢s nucleus, known as chromatin, begin to condense and become tightly compacted together. During interphase, the parent cellââ¬â¢s chromosomes are replicated, but they arenââ¬â¢t yet visible. Theyââ¬â¢re just floating around in the form of loosely collected chromatin. During prophase, that loose chromatin condenses and forms into visible, individual chromosomes. Since each of the parent cellââ¬â¢s chromosomes were replicated during interphase, there are two copies of each chromosome in the cell during prophase. Once the chromatin has condensed into individual chromosomes, the genetically-identical chromosomes come together to form an ââ¬Å"Xâ⬠shape, called sister chromatids. These sister chromatids carry identical DNA and are joined at the center (in the middle of the ââ¬Å"Xâ⬠shape) at a point called the centromere. The centromeres will serve as anchors thatââ¬â¢ll be used to pull the sister chromatids apart during a later phase of mitosis. And thatââ¬â¢s whatââ¬â¢s happening inside the nucleus during prophase! After the sister chromatids form, two structures called centrosomes move away from each other outside of the nucleus. As they move to opposite sides of the cell, the centrosomes form something called the mitotic spindle. The mitotic spindle will eventually be responsible for separating the identical sister chromatids into two new cells and is made up of long protein strands, called microtubules. Late Prophase: Prometaphase Prometaphase is often referred to as ââ¬Å"late prophase.â⬠(Though itââ¬â¢s also sometimes called ââ¬Å"early metaphaseâ⬠or referred to as a distinct phase entirely!) Regardless, some really important things occur during prometaphase that propel cell division along and that help explain what happens in metaphase. Prometaphase is the phase of mitosis following prophase and preceding metaphase. The short version of what happens during prometaphase is that the nuclear membrane breaks down. Hereââ¬â¢s the long version of what happens during prometaphase: first, the nuclear membrane or nuclear envelope (i.e. the lipid bilayer surrounding the nucleus and encasing the genetic material in the nucleus) breaks apart into a bunch of membrane vesicles. Once the nuclear envelope breaks apart, the sister chromatids that were stuck inside the nucleus break free. Now that the nucleusââ¬â¢s protective covering is gone, kinetochore microtubules move near the sister chromatids and attach to them at the centromere (that spot at the center of the ââ¬Å"Xâ⬠). Now these kinetochore microtubules are anchored at opposite poles on either end of the cell, so theyââ¬â¢re extending themselves toward the sister chromatids and connecting them to one of the edges of the cell. Itââ¬â¢s kind of like catching a fish with a fishing pole- eventually, the chromatids are going to be separated and drawn to opposite ends of the cell. And thatââ¬â¢s the end of prometaphase. After prometaphase ends, metaphase- the second official phase of mitosis- begins. (Kelvinsong/Wikimedia Commons) Phase 2: Metaphase Metaphase is the phase of mitosis that follows prophase and prometaphase and precedes anaphase. Metaphase begins once all the kinetochore microtubules get attached to the sister chromatidsââ¬â¢ centromeres during prometaphase. So hereââ¬â¢s how it happens: the force generated during prometaphase causes the microtubules to start pulling back and forth on the sister chromatids. Since the microtubules are anchored at opposite ends of the cell, their back-and-forth pulling on different sides of the sister chromatids gradually shifts the sister chromatids to the middle of the cell. This equal and opposite tension causes the sister chromatids to align along an imaginary- but very important!- line trailing down the middle of the cell. This imaginary line dividing the cell down the middle is called the metaphase plate or equatorial plane. Now, in order for metaphase to progress on to anaphase, the sister chromatids must be equitably distributed across that metaphase plate. Thatââ¬â¢s where the metaphase checkpoint comes in: the metaphase checkpoint ensures that the kinetochores are properly attached to the mitotic spindles and that the sister chromatids are evenly distributed and aligned across the metaphase plate. If they are, the cell gets the green light to move on to the next phase of mitosis. The checkpoint is very important because it helps the cell make sure that it mitosis will result in two new, identical cells with the same DNA! Only once the cell passes the metaphase checkpoint successfully can the cell proceed to the next stage of mitosis: anaphase. (Kelvinsong/Wikimedia Commons) Phase 3: Anaphase The third phase of mitosis, following metaphase and preceding telophase, is anaphase. Since the sister chromatids began attaching to centrosomes on opposite ends of the cell in metaphase, theyââ¬â¢re prepped and ready to start separating and forming genetically-identical daughter chromosomes during anaphase. During anaphase, the centromeres at the center of the sister chromatids are severed. (It sounds worse than it is!) Remember how the sister chromatids are attached to the mitotic spindle? The spindle is made up of microtubules, which start shrinking during this phase of mitosis. They gradually pull the severed sister chromatids toward opposite poles of the cell. Anaphase ensures that each chromosome receives identical copies of the parent cellââ¬â¢s DNA. The sister chromatids split apart down the middle at their centromere and become individual, identical chromosomes. Once the sister chromatids split during anaphase, theyââ¬â¢re called sister chromosomes. (Theyââ¬â¢re actually more like identical twins!) These chromosomes will function independently in new, separate cells once mitosis is complete, but they still share identical genetic information. Finally, during the second half of anaphase, the cell begins to elongate as polar microtubules push against each other. It goes from looking like one round cell to...well, more like an egg as the new chromosome sets pull further away from each other. At the end of anaphase, chromosomes reach their maximum condensation level. This helps the newly separated chromosomes stay separated and prepares the nucleus to re-form . . . which occurs in the final phase of mitosis: telophase. (Kelvinsong/Wikimedia Commons) Phase 4: Telophase Telophase is the last phase of mitosis. Telophase is when the newly separated daughter chromosomes get their own individual nuclear membranes and identical sets of chromosomes. Toward the end of anaphase, the microtubules began pushing against each other and causing the cell to elongate. Those polar microtubules keep elongating the cell during telophase! In the meantime, the separated daughter chromosomes that are being pulled to opposite ends of the cell finally arrive at the mitotic spindle. Once the daughter chromosomes have fully separated to opposite poles of the cell, the membrane vesicles of the parent cellââ¬â¢s old, broken down nuclear envelope form into a new nuclear envelope. This new nuclear envelope forms around the two sets of separated daughter chromosomes, creating two separate nuclei inside the same cell. You might think of the events of telophase as a reversal of the events that occur during prophase and prometaphase. Remember how prophase and prometaphase are all about the nucleus of the parent cell starting to break down and separate? Telophase is about the reformation of the nuclear envelope around new nuclei to separate them from each cellââ¬â¢s cytoplasm. Now that the two sets of daughter chromosomes are encased in a new nuclear envelope, they begin to spread out again. When this occurs, it is the end of telophase, and mitosis is complete. (LadyofHats/Wikimedia Commons) Cytokinesis: What Happens After Mitosis Like interphase, cytokinesis isnââ¬â¢t a part of mitosis, but itââ¬â¢s definitely an important part of the cell cycle that is essential to completing cell division. Sometimes, the occurrence of the events of cytokinesis overlaps with telophase and even anaphase, but cytokinesis is still considered a separate process from mitosis. Cytokinesis is the actual division of the cell membrane into two discrete cells. At the end of mitosis, there are two new nuclei contained within the existing parent cell, which has stretched out into an oblong shape. So at this point, thereââ¬â¢s actually two complete nuclei hanging out in one cell! So how does one cell become two cells? Cytokinesis is responsible for completing the process of cell division by taking those new nuclei, separating the old cell in half, and ensuring that each of the new daughter cells contains one of the new nuclei. Hereââ¬â¢s how the separation of the old cell is accomplished during cytokinesis: remember that imaginary line running down the middle of the cell and dividing the centrosomes, called the metaphase plate? During cytokinesis, a contractile ring made of protein filaments develops where that metaphase plate used to be. Once the contractile ring forms down the middle of the cell, it starts shrinking, which pulls the cellââ¬â¢s outer plasma membrane inward. You can think of it like a belt that just keeps tightening around the middle of the cell, squeezing it into two sections. Eventually, the contractile ring shrinks so much that the plasma membrane pinches off and the separated nuclei are able to form into their own cells. The end of cytokinesis signifies the end of the M-phase of the cell cycle, of which mitosis is also a part. At the end of cytokinesis, the division part of the cell cycle has officially ended. 5 (Free!) Resources for Further Study of the Steps of Mitosis Mitosis is a complex process, and the mitosis phases involve a lot of big words and unfamiliar concepts that you might want to learn more about. If youââ¬â¢re interested in diving more deeply into the 4 stages of mitosis, take a look at our five suggested resources for further study of the steps of mitosis, explained below! #1: Mitosis Animations Online Reading all about mitosis can definitely be helpful, but what if visuals really help you understand how things work? Thatââ¬â¢s where web animations of mitosis might come in handy for you. Watching mitosis in action through web animations can help give you an idea of what all those verbal descriptions really mean. They can also help you picture what the phases of mitosis might look like under a real microscope! There are probably a lot of web animations of mitosis that you could take a look at, but we recommend these three: John Kyrkââ¬â¢s Mitosis Animation The Biology Projectââ¬â¢s ââ¬Å"Online Onion Root Tipsâ⬠Cells Aliveââ¬â¢s ââ¬Å"Animal Cell Mitosisâ⬠We particularly like Cells Aliveââ¬â¢s ââ¬Å"Animal Cell Mitosisâ⬠animation because it allows you to pause the animation as it loops through the phases of mitosis in order to take a fine-grained look at how mitosis works. Cells Aliveââ¬â¢s version also juxtaposes its animation of the mitosis phases with footage of mitosis occurring under a microscope, so youââ¬â¢ll know what youââ¬â¢re looking for if youââ¬â¢re ever tasked with observing cell mitosis in the lab. iframe width="560" height="315" src="https://www.youtube.com/embed/L0k-enzoeOM" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen/iframe #2: ââ¬Å"Mitosis: Splitting Up Is Hard To Doâ⬠by Crash Course If youââ¬â¢re a bit exhausted from reading dense material and need someone else to put the stages of mitosis into more accessible terms, head over to YouTube and watch Crash Courseââ¬â¢s 10 minute video on mitosis, called ââ¬Å"Mitosis: Splitting Up Is Hard to Do.â⬠The nice thing about this video is that, while being a bit more thorough than some of the other YouTube videos you might find out there on mitosis, itââ¬â¢s also really funny. More importantly, it explains mitosis in terms of familiar, everyday biological processes, like when you get a cut and need your body to make new cells to heal. If you need help thinking about the real-world relevance of the mitosis phases beyond just being something you have to memorize for a lab or exam, this is a great resource. #3: ââ¬Å"Phases of Mitosisâ⬠by Khan Academy Hereââ¬â¢s another YouTube video, but the tone and style of this explanation of the steps of mitosis by Khan Academy is a little different. Watching this tutorial on the mitosis phases feels a bit like youââ¬â¢re sitting in biology class and your teacher/professor is drawing out diagrams of mitosis while talking you through the entire process (except in this case, your teacher is sort of cool and only uses neon colors to draw the diagrams). If youââ¬â¢re looking for a step-by-step tutorial that takes a slow pace and deals with the steps of mitosis thoroughly, Khan Academy has you covered! #4: Creating a Mitosis Flip Book For some learners, the process of creating something to show your knowledge can help with memorization of difficult concepts and/or developing a thorough understanding of how things work. Thatââ¬â¢s why we suggest trying out some old-school tactics to build your knowledge of the 4 stages of mitosis! A tried-and-true approach to learning the mitosis phases, vetted by biology teachers, is creating a mitosis flip book. Post-It provides a step-by-step guide on how you can create a mitosis flip book on your own, but itââ¬â¢s really pretty simple: you get something to draw with, grab small note cards or sticky notes to draw on, and draw what each phase of the cell cycle looks like on individual note cards/sticky notes! When youââ¬â¢ve finished drawing your version of the stages of mitosis on your cards, you either stick, tape, or staple them together, and voila! You can flip through your mitosis flip book from beginning to end and watch the progression of mitosis through the four phases. Activities like this one can help imprint on your memory what each step of mitosis looks like. Plus, when you finish your flip book, youââ¬â¢ve got a pocket-sized resource that you can carry with you as a part of your study guide or a quick resource for review before a quiz or exam! #5: ââ¬Å"Mitosis Study Setâ⬠by ProProfs Flashcards Maybe youââ¬â¢re feeling pretty good about your knowledge of the stages of mitosis but you want some help in testing that knowledge before a formal quiz or exam. Thatââ¬â¢s where ProProfs Flashcardsââ¬â¢ ââ¬Å"Mitosis Study Set,â⬠an online study guide that provides an array of flashcards to help you test your knowledge of the stages of mitosis, comes in. Whatââ¬â¢s fun about this flashcard set is that you can choose different assessment styles depending on where you are in your knowledge of mitosis. The flashcard set provides traditional question-and-answer flashcards, a flashcard function specifically geared toward memorization, a multiple choice quiz, and matching. If you want to practice being tested on the steps of mitosis before the actual test, check out this resource! ProProfs Flashcards provides several study sets on other topics related to or involving mitosis, so if you need to test your knowledge of mitosis beyond just the four phases, this resource could help out there as well. What's Next? If you want more traditional resources to help you learn about the cell cycle, our list of the best AP Biology study guides has you covered. Youââ¬â¢ll probably need to know about more than just mitosis to ace your AP Biology exam. Hereââ¬â¢s an expert guide to the test to get your studying started off on the right foot! Taking science classes in high school (and doing well in them!) is an important step on your journey to get into the university of your dreams. Check out this article about which science classes you need to take before applying for college to figure out which classes are right for you.
Monday, October 21, 2019
Free sample - Principles of perception. translation missing
Principles of perception. Principles of perception1. The principle of figure and ground In this principle, the terms figure and ground are used to explain how people use the elements of the scene, which contain a similarity in shape and appearance and group them together as one whole entity. All similar elements (figure) tend to be perceptually contrasted with dissimilar elements (ground) in order to create the impression of a whole (Spelke 1993, p. 1490). For instance, in a picture of a lighthouse with blue horizontal lines, the lighthouse stands out as the figure, while the horizontal blue lines are perceived as the ground (Lohr 2000, p. 49). However, it is not always easy to separate visually the figure from the ground. Sometimes, creative artists may make drawings that illustrate how difficult it is to pick out the figure from the ground on which it is positioned. Psychologists have traditionally been using carefully designed art that plays around with the figure and ground in profoundly fascinating ways (Goldstein 2009, p. 298). In such works of art, the figure and ground appear to interchange. However, nature also provides perceptual intrigues that are difficult to point out without the use of the principle of figure and ground. In most cases, this takes the form of camouflage, whereby the principle facilitates the breakdown of figure and ground. The objective is always to make the figure seem like the ground so much it disappears from view. It is only with immense difficulty that one can separate a chameleon from the green leaf stalk on which it is perched. This is because the figure and ground have been merged together. This principle perfectly explains the tendency by some people in an organization to hide their true attributes mainly through pretense. A prospective employee who perceives his background to constitute an undesirable trait may suppress this negative attribute, by pretending to possess only the attributes that are needed for the job. For instance, they may claim to have associations with renowned professionals in a field for which the employer is seeking a job candidate. Employer may have to request for further information in order to determine whether the employees are telling the truth or not. 2. The principle of similarity, proximity, and continuity The principle of similarity indicates that objects that share visual characteristics like color, shape, texture, size, orientation or value are seen as belonging together. These features make similar objects create varying impressions, even though they are equidistant from those objects that are the odd ones out within the group. For instance, in a groups of small and large circles, the large circles will appear to belong together just because of the similarity in their size. The same thing will apply to the small circles. In terms of proximity, things that are closer together are regarded as belonging together. For instance, when horizontal rows made up of small circles are closer to each other than the vertical columns that they form, they are perceived as two vertical lines. In terms of continuity, it becomes easy to predict the preference for continuous figures. For instance, the image of a black cross is perceived as two crossed lines instead of four lines that meet at the center. The principle of similarity, proximity, and continuity explains the behavior of people within organizations, whereby individuals are judged according to the people they associate with (Ferguson 2004, p. 39). When people adopt mannerisms, habits, memberships in certain clubs and societies, likes, and dislikes that are typical of a given caliber of people, they are automatically classified in the same group with such people. The concept of proximity is used to determine the commonness of purpose among everyone within the organization, despite the various individual differences, personality traits, and personal interests among them. Similarly, the concept of continuity defines the disposition by people in an organization to appreciate success in its entirety without paying attention to personal sacrifices of certain individuals, exceptional transformational leadership qualities of the manager or some unethical behavior among some employees in efforts to achieve the desired outcome. à References Ferguson, M 2004, How social perception can automatically influence behavior, Trends in Cognitive Sciences, Vol. 8, No. 1, pp. 33-39. Goldstein, B 2009, Sensation and perception, Penguin Books, New York. Lohr, L 2000, ââ¬ËThree Principles of Perception for Instructional Interface Designââ¬â¢, Educational Technology, Vol. 4, No. 1, pp. 45-52. Spelke, E 1993, ââ¬ËGestalt relations and object perception: a developmental studyââ¬â¢ Perception, Vol. 22, No. 12, pp. 1483 ââ¬â 1501.
Sunday, October 20, 2019
Fate, Cant Live With It, Cant Get Away From It essays
Fate, Cant Live With It, Cant Get Away From It essays Oedipus Rex, a play by Sophocles, is about a king named Oedipus, who tries to escape his fate. When Oedipus hears the story of the previous kings death, it seems familiar somehow. After time and investigation Oedipus realizes that fate has finally found him. In Oedipus feudal attempt to escape fate, he had only made the outcome harder to bare. When Oedipus was young, the Oracle of Delphi said that he would kill his father and marry his mother. Oedipus, trying to escape his fate, left his home so he would not fall victim to it. The Greeks believed that your fate was decided at the beginning of your life, and you could not escape it. Oedipus should have known this and just stayed where he was. He only made it worse for himself by leaving. Shortly after Oedipus left he ran into a group of people. Harsh words were exchanged, and Oedipus ended up killing them all. Oedipus believed he was killing in self defense, so he did not think about it much, and certainly did not think he just killed his father. Oedipus was probably afraid that the group of people was going to kill him, because thieves usually hid in the forests to ambush unsuspecting travelers. When Oedipus heard that he was going to kill his father and marry his mother he had left home. Oedipus, thinking that the prophesy meant he was going to kill his adopted father and marry his adopted mother, left home and without realizing it killed his father, then later married his mother to become king. If Oedipus would have just stayed at home he would have at least known that his fate was inevitable, but leaving just made it harder for him later on. Oedipus probably would have not stabbed out his eyes, and exiled himself because he would have known when fate had caught up with him. When Oedipus found his true heritage, he was not pleased with the results. Oedipus had tried to escape his fate, but he should have known that is impossible. Oedipus, a respe ...
Saturday, October 19, 2019
Cask of Amontillado Essay Example | Topics and Well Written Essays - 1500 words
Cask of Amontillado - Essay Example The first is Montresor, who firmly vows revenge upon the other character, Fortunato, for an insult. However, the actual focus is on Montresor, who serves as the narrator of the story about his perfect murder ("The Poe Perplex"). His story, around which the entire story revolves, is made clear even at the onset of the tale as he utters, "The thousand injuries of Fortunato I had borne as I best could, but when he ventured upon insult, I vowed revenge." (Poe). With this, Montresor is seen abiding by his traditional family motto, i.e. no one can attack him without being punished. Furthermore, he declares that he "...must not only punish, but punish with impunity." (Poe). On the other hand, Fortunato is the man whom Montresor pledges to murder. Montresor finds perfect bait for Fortunato with the latter being passionate about wines. Fortunato, as a connoisseur, insists on tasting Montresor's newly purchased Amontillado to determine its authenticity and expresses outrage when Montresor tells that he can consult Luchresi regarding the matter. Attired in a court jester costume, Fortunato, bearing great pride in himself, goes with Montresor to the palazzo where he meets his end as Montresor planned ("Adventures in Reading"). This horror story centers on the power of revenge that drives a man to murder his friend for an insult that he deems unforgivable. Montresor's mind frame is honed by his family's motto, "Nemo me impune lacessit." Or "No one assails me with impunity." On his coat of arms, this motto along with a symbol of "a huge human foot d'or, in field azure, the foot crushes a serpent rampant whose fangs are imbedded in the heel." (Poe). As mentioned, Montresor narrates how he carefully planned the details of this perfect crime upon Fortunato whom he intends to punish through slow death. He makes sure that all his servants are out of the palazzo so there are no possible witnesses. He also chooses a place hidden enough so that no one may possibly inspect or suspect. Montresor uses Fortunato's pride in himself as a superior wine connoisseur to lure his friend. It is also important to note that a vital component in Montresor's plan of revenge is that as Fortunato dies a slow death, he will constantly be reminded of the fact that he rejects myriad opportunities to escape from Montresor as the latter is adamant that they turn back due to his condition (Quinn). He will remember how Montresor initially declines his offer to check on Amontillado since he is inflicted with cough and cold, thus, the dampness of the vault and presence of niter will not bode well for his present condition. On the way to the catacombs, upon hearing Fortunato's dreadful coughs, Montresor repeats his plea, "Come..., we will go back; your health is precious. You are rich, respected, admired, beloved; you are happy as once I was. You are a man to be missed. For met it is no matter. We will go back; you will be ill and I cannot be responsible. Besides, there is Luchresi..." (Poe). To this, Fortunato firmly replies, "Enough...the cough is a mere nothing, it will not kill me. I shall not die of cough," (Poe). While rotting to death in the sealed catacombs, Fortunato will
Friday, October 18, 2019
Behavioral Economics Essay Example | Topics and Well Written Essays - 2750 words
Behavioral Economics - Essay Example Hedonic treadmill is a variant of the term hedonic adaptation, which compares an individual's "pursuit of happiness to a person on a treadmill, who has to keep working just to stay in the same place" (Wikipedia). Social etiquette or stipulations or expectations can be a factor that molds the ability to adapt in individuals, and hence, in the community as a whole. The human beings obey or conform to certain unwritten axioms of the society which are considered to be the acceptable norms of the community. This leads to his or her voluntary suppression of certain needs or aspirations as a matter of course. This can also be caused by biases or prejudices that prevail in the society, for example, those that are based on genders, age groups, social status, hierarchies, income levels, etc. Religious principles, beliefs or way of life can also lead to an individual's conforming to certain expectations and thereby compromising on his wants, achievements and aspirations as well as his choices. If a human being can actually be happy with his misfortunes based on his religious beliefs, for example, of his or her miseries being God-given or his or her state being the will of God, etc., then his mental status would actually be happy. This means that even the unemployed, the beggar and the exploited can feel happy and satisfied with their lot. However, this may facilitate the study of human well-being and development unfavorably. In adjusting to a worse life situation, an individual's adaptation is downwardly directed. That is, he or she adjusts to being happy being in a circumstance worse than he or she used to be in. This kind of adaptation is harmful or damaging in that it influences the individual to avert from making rational or reasonable choices. This, naturally, affects development and its applications aversely. This is a conclusion more from an economic or a materialistic point of view, but when you take into consideration an extremely economically backward and thoroughly deprived community, "it is only prudent to wonder how much suffering and misery there would be in the absence of adaptation" (Clark 8). Another form of adaptation is that which is a result of inadequate know-how or awareness. When an individual is not equipped with adequate knowledge, his or her choices, naturally, will not be rational, reasonable or optimum for him or her. In such cases the utility concepts cannot be ideal for conducting development studies and practices. The parameters may change for situations where the individual is able to gather knowledge and where he or she is not. However, with modern-day advancements in the technology of communication, the disparity in the capability levels of acquiring information is going to be less and less. An individual who is in an extremely lowly situation, with most of the essentials of life not being fulfilled to any decent degree whatsoever, if he has adapted to his situation without complaints, as it usually happens in most of the low-economic groups, and he is resigned to be happy with the little pleasures that is available to him, he may not appear to be highly deprived in terms of utility. In such cases, the concepts of utility may not be the reliable or adequate bases for studying human well-being. From all of the factors
Hyperglycemia vs. Hypoglycemia Essay Example | Topics and Well Written Essays - 1500 words
Hyperglycemia vs. Hypoglycemia - Essay Example Homeostasis is the survival and preservation of a reasonably stable internal setting, such as body temperature. It is the tendency of an organism to establish stability within its internal environment or fluid matrix; and it is through metabolism that an organism maintains homeostasis (Smith p.792). Metabolism is made up of several processes that maintain the structure and molecular composition of a living organism in quasi-stable state, consisting of two interdependent phases ââ¬â catabolism and anabolism (Nahle, no page number). Anabolism is the term used to describe the total number of chemical reactions involved in a synthesis; while catabolism happens when cells are also constantly involved in the breakdown of larger molecules. Catabolism has two purposes: 1. It releases the energy for anabolism and other work of the cell, and 2. It serves as a source of raw materials for anabolic processes (Curtis p.166). When there is an absolute or relative deficiency of the action of insulin, a simple protein composed of two peptide chains joined by disulfide bridges, at the surface of or within certain body cells, the metabolic disorder known as diabetes mellitus results, which is an inherited disease. In the absence of insulin, glucose is not changed to glycogen and stored within the liver but accumulates in the blood, simply known as hyperglycemia; and when this accumulated blood escapes into the urine, it is called glycosuria (Smith p.733). Insulin also affects the metabolism of fats and proteins. As the disease progresses, the derangements related to these two foodstuffs becomes clear. The biochemical derangements occasioned by the lack of insulin in a diabetic patient are dramatic ones. There are severe fluid and electrolytic disturbances, acidosis develops and death may occur in diabetic coma. Infection is a hazard for the
Chapter 3, Security Surveys and the Audit, in the Fennelly textbook Essay
Chapter 3, Security Surveys and the Audit, in the Fennelly textbook - Essay Example The advanced Covert Body Scans would detect concealed weapons in these cases in a detailed manner, such as which conventional methods like body taps would not. The Covert Body Scans would also ease up the long passenger queues caused by the current slow security systems, thus saving time for passengers and other officials. On the onset of security threats, many travel avenues heighten security measures leading to long queues, cancelled trips and inconvenienced passengers. The covert security scanners would see an end to this since they can scan people as they move through, thus eliminating long, stagnant queues. These systems are also useful in that they are multipurpose in nature that is they can detect a wide variety of security threats from airborne pathogens and illegal immigrants, to concealed weapons (Fennelly, 2013). The implementation of the covert security scanners is acceptable wherever imminent threat to human lives is constant, either directly or indirectly. Such locations include airports, academic institutions, the Mexican border, entries to prominent buildings like major banks and the white house. As indicated earlier, these security systems are a necessity wherever there is a threat to human life. Statistics indicate that more security threats occur in the private sectors than the public ones. These include private institutions like schools, banks, and shopping malls. Some, however, would argue that this development would be an infringement of the right to confidentiality. There requires to be a balance between the value of life and the preservation of privacy. Furthermore, Homeland security assesses and mitigates privacy implications that could result from developed security systems. Such security technologies would definitely be of immense assistance in safeguarding lives and property if implemented. The covert security scanners expose objects in as acute
Thursday, October 17, 2019
Theories & Methods Thesis Example | Topics and Well Written Essays - 7000 words
Theories & Methods - Thesis Example (Waltz, 1979) The criteria for good or sound theory are evident enough: it should be conceptually clear and rigorous, historically aware, able to yield substantive analysis and research agenda, and, where appropriate, able to engage with ethical issues. Theory is a necessary part of all human understanding, from the numbers of mathematics or divisions into colours we use in everyday life to the abstractions of Hegel, or of the sociologist Talcott Parsons. International Relations as a field emerged after the First World War with the aim of studying the reasons for the history's first major conflict and means of avoiding it in future. It borrowed theories and ideas from other disciplines such as political science, economics, and to some extent sociology and anthropology but according to Halliday it sought most inspiration from international law when Woodrow Wilson's liberalism attempted to bind state actors into a legal relationship backed by the League of Nations and the incumbent study named "International Relations" was introduced in the academia (Aberystwyth, Oxford and London School of Economics) in Britain and contemporaneously in the American universities. When International Relations took shape as a subject in the later 1... from international law when Woodrow Wilson's liberalism attempted to bind state actors into a legal relationship backed by the League of Nations and the incumbent study named "International Relations" was introduced in the academia (Aberystwyth, Oxford and London School of Economics) in Britain and contemporaneously in the American universities. When International Relations took shape as a subject in the later 1920s and early 1930s and began to influence policy makers, it was more or less, based on "idealism" with a normative approach, that is, researchers and writers of that era laid down norms for states to behave with each other. But a similar thought was expressed as early as 1795 by Kant, for instance, in his tract, Perpetual Peace, he "prescribed" an international authority to assert an international rule of law and so ensure peace between nations. IR was based on the presumption that states were naturally benign and did not wish to enter a conflict unless forced upon. Kant (1795) again: "We ordinarily assume that no one may act inimically toward another except when he has been actively injured by the other. This is quite correct if both are under civil law, for, by entering into such a state, they afford each other the requisite security through the sovereign which has power over both." Idealist school of thought in international relations which harkens back to the eighteenth century Kantianism essentially holds that a state should make its foreign policy reflect its internal political philosophy. But soon "realist" school of thought contested idealism as a non-workable theory and advocated that instead of setting norms for the states' behaviour or international rule of law, states should be left alone and relations between them should be dictated by the
Classical and Baroque Style Essay Example | Topics and Well Written Essays - 250 words
Classical and Baroque Style - Essay Example There were several important forms that were used during this period. These included the mass, Missa Brevis, Missa Solemnis, requiem, and the vespers (Downs 69). Furthermore, the classical choral was homophonic and lighter in its texture. In addition, during this era, music was given careful attention by elegance, to form and restraint. The music was objective in nature and emotions were carefully controlled. In contrary, the Baroque period was dominated by chants and choral music. There were poems that were accompanied by instruments meant for praises. Music had the triadic harmony which made the music more complex. Furthermore, this music was dramatic and expansive. This music marked the beginning of harmony and melody use. Melodies were now played with a group of instruments in a chamber or by soloists in a concerto. For instance, Brandenburg concerto is one of the major Baroque concertos. It was composed by J.S Bach. The period led to the creation of foundations of scales and chords. Modulation in composition was also another style that emerged during this period. The period had composers like Monteverdi and Vivaldi. The period was also characterized by polyphonic approach and the basic form of the period was type of the three parts and it also incorporated the binary form. However, the two periods have some factors in unison. For instance, most of the instrumental forms like sonata a nd symphony were invented in the Baroque period but they were used in the classical era.
Wednesday, October 16, 2019
Chapter 3, Security Surveys and the Audit, in the Fennelly textbook Essay
Chapter 3, Security Surveys and the Audit, in the Fennelly textbook - Essay Example The advanced Covert Body Scans would detect concealed weapons in these cases in a detailed manner, such as which conventional methods like body taps would not. The Covert Body Scans would also ease up the long passenger queues caused by the current slow security systems, thus saving time for passengers and other officials. On the onset of security threats, many travel avenues heighten security measures leading to long queues, cancelled trips and inconvenienced passengers. The covert security scanners would see an end to this since they can scan people as they move through, thus eliminating long, stagnant queues. These systems are also useful in that they are multipurpose in nature that is they can detect a wide variety of security threats from airborne pathogens and illegal immigrants, to concealed weapons (Fennelly, 2013). The implementation of the covert security scanners is acceptable wherever imminent threat to human lives is constant, either directly or indirectly. Such locations include airports, academic institutions, the Mexican border, entries to prominent buildings like major banks and the white house. As indicated earlier, these security systems are a necessity wherever there is a threat to human life. Statistics indicate that more security threats occur in the private sectors than the public ones. These include private institutions like schools, banks, and shopping malls. Some, however, would argue that this development would be an infringement of the right to confidentiality. There requires to be a balance between the value of life and the preservation of privacy. Furthermore, Homeland security assesses and mitigates privacy implications that could result from developed security systems. Such security technologies would definitely be of immense assistance in safeguarding lives and property if implemented. The covert security scanners expose objects in as acute
Tuesday, October 15, 2019
Classical and Baroque Style Essay Example | Topics and Well Written Essays - 250 words
Classical and Baroque Style - Essay Example There were several important forms that were used during this period. These included the mass, Missa Brevis, Missa Solemnis, requiem, and the vespers (Downs 69). Furthermore, the classical choral was homophonic and lighter in its texture. In addition, during this era, music was given careful attention by elegance, to form and restraint. The music was objective in nature and emotions were carefully controlled. In contrary, the Baroque period was dominated by chants and choral music. There were poems that were accompanied by instruments meant for praises. Music had the triadic harmony which made the music more complex. Furthermore, this music was dramatic and expansive. This music marked the beginning of harmony and melody use. Melodies were now played with a group of instruments in a chamber or by soloists in a concerto. For instance, Brandenburg concerto is one of the major Baroque concertos. It was composed by J.S Bach. The period led to the creation of foundations of scales and chords. Modulation in composition was also another style that emerged during this period. The period had composers like Monteverdi and Vivaldi. The period was also characterized by polyphonic approach and the basic form of the period was type of the three parts and it also incorporated the binary form. However, the two periods have some factors in unison. For instance, most of the instrumental forms like sonata a nd symphony were invented in the Baroque period but they were used in the classical era.
Important actors Essay Example for Free
Important actors Essay The study of international relations has paved the way for the inclusion of important actors that contribute to the overall functions of practice in the international arena. In the course of time, actors involve in the practice has constantly been increasing due to the expansion of practice and scope in the area. Thus, there is a need to look into these actors and carefully assess their capabilities in promoting interests in the international arena. One important actor in international relations is the state. The capability of course by the state to formally promote relations with other actors circumvents primarily on its capabilities to function as one. According to (Williams, 2005, p. 2) ââ¬Å"the contemporary nation-state is characterized by jurisdiction over territory, a political and administrative apparatus and the state recognizes no higher constitutional authority than itself. â⬠Besides states, there are also other actors involve in the practice of international relations. Examples are individual actors, organizations, agencies and groups who also can help promote the functions of a state or the whole. According to (Williams, 2005, p. 2) ââ¬Å"because individuals, groups and organizations acting in the name of the state are also sensitive to pressures and constraints other than international ones, including elite maintenance, electoral politics, public opinion, pressure group activities, ideological preferences, and bureaucratic politics. â⬠In the course of history, there also had been developments in the international arena that paved the way for the emergence of transnational actors. Examples of these actors are transnational corporations and non-governmental organizations. They seek to promote the overall endeavors in the international arena. At the same time, as the world becomes more globalized, the tendency is there is a deeper avenue for them to promote their interests in the international arena. In the course of history, there had been tendencies of shifting of actor concentration in the international arena. That is why it is good to compare and contrast each actorââ¬â¢s importance in the practice of international relations. Looking at it, actorââ¬â¢s in international relations are primarily concerned in promoting their own interests. These interests are beneficial in the overall aim of the actor for its continued growth and sustenance. Looking at the point of view of interests, there are differences present between different actors in the international arena. A state may pursue its interest based on its overall welfare and capabilities. On the other hand, it may be different among other actors in international arena. An NGO may promote its interests founded on the protection of its ideology and welfare of its aim. Also, for transnational corporation, they seek to promote interests that are centered in creating benefits that would enhance their status in the international arena. With regards to relationship between nations, actors in international relations seek different mechanisms that will create an enhanced cooperation among different actors depending on the issue and interests being talked about. In addition, there has been an expansion of different theoretical paradigms to explain and argue on how actors affect different issues in the international arena. Thus, actors contribute greatly to the practice of international relations. There had been different theories and paradigms to suggest how these actors contribute to the overall process in the international arena. Lastly, these actors are primarily motivated due to their individual interests that motivate them to act accordingly. Work Cited T. L Williams. ââ¬ËActors in International Relations. ââ¬â¢ 2005 accessed December 11, 2007; from http://209. 85. 175. 104/search? q=cache:I3UEDQx9zakJ:www. wadsworthmedia. com/marketing/sample_chapters/0534631894. pdf+actors+in+international+relationshl=tlct=clnkcd=1gl=ph.
Monday, October 14, 2019
Effects of Changes to International Accounting Standards
Effects of Changes to International Accounting Standards CONTENTS PAGE (Jump to) (1)(a) REQUIRED CHANGES UNDER INTERNATIONALà ACCOUNTING STANDARDS (1)(b) MERITS AND DEMERITS OF EXTINCTION OFà EXTRAORDINARY ITEMS (1)(c) RECOGNISED GAINS AND LOSSES AND HISTORICALà COSTS (1)(d) CLASSIFICATION OF PREFERENCE SHARESà AND DIVIDENDS (2)(a) OBJECTIVES OF IAS 7 AND DISTINCTIONà BETWEEN IAS 7 FRS (2)(b) PREPARATION OF A CASH FLOW STATEMENT UNDERà A DIRECT METHOD UNDER IAS7 FRS (2)(c) ASSESSMENT OF THE COMPANYââ¬â¢S LIQUIDITY INà ACCORDANCE WITH THE INFORMATION ON THE CASH FLOW BIBLIOGRAPHY This report relates to the recent changes in the International Accounting Standards. Furthermore, it underlines the primary principles that Sky Corporation must comply with. (1)(a) REQUIRED CHANGES UNDER INTERNATIONAL ACCOUNTING STANDARDS After the introduction of the International Accountant Standards, all public limited companies must comply with these provisions. Sky Corporation must adhere to the IAS 1, effective on all financial statements dating on and from 1st January 2005. In effect the Sky plc will have to prepare its financial statements on a going concern basis unless there is an intension to liquidate the entity, accrual basis of accounting must be used in the preparation of financial statements except for cash flow statements, presentation and classification of items must be obtained from one period to the next, material class of similar items must be presented separately and dissimilar items must be included separately unless they are immaterial, items (individually or collectively) that are likely to influence the economic decision of the user must not be omitted or misstated, assets, liabilities, income and expenses must not be offset unless approved by an IFRS, financial statements must be presented a t least annually, all amounts relating to comparative information must be disclosed in financial statements. Furthermore, Sky must adhere to the disclosure requirements on the face of or in the notes to the balance sheet BS, income statement and statement of changes in equity. Current and non-current assets and liabilities must be present as separate classification on the face of the BS. Additionally, financial statements must include specified disclosure in relation to information, judgements, estimations, uncertainties and accounting policies. At present, Skyââ¬â¢s accountant made a statement indicating that the financial statements in the forthcoming November 2005 accounts will comply with the principles of IAS. In addition, the companyââ¬â¢s financial statements included audited reconciliation of the 2005 Income Statement, Balance Sheet and Cash Flow to UK GAAP from IFRS detailing the impact of the Companyââ¬â¢s new accounting policies, and unaudited quarterly 2005 Income Statements to provide comparatives for 2006. (1)(b) MERITS AND DEMERITS OF EXTINCTION OF EXTRAORDINARY ITEMS ISA 1 regarding the presentation of financial statements was issued in December 2003 and is applicable for annual periods beginning on or after 1 January 2005. International Accounting Standard (IAS 1) prescribes the grounds for presentation of general-purpose financial statements, to ensure comparability both with entityââ¬â¢s financial statements of previous periods and with financial statements of other entities. ISA 1 does not serve any application to interim financial statements prepared in accordance with the ISA 34. Under the SSAP 6 extraordinary items are material items which are transaction that fall outside the ordinary activities of the company and thus not expected to recur frequently or regularly. By excluding extraordinary items from the PL, this will reflect on the EPS. Exclusion of extraordinary items will benefit the current operating performance. As far as Sky Communications Plc is, concern there appears to be no extraordinary items in their PL account. Additionally, EPS will be greater than expected if extraordinary items were included since the EPS is used by investors to calculate PE ratio. The exclusion of extraordinary items could also lead to an increase in corporation tax. (1)(c) RECOGNISED GAINS AND LOSSES AND HISTORICAL COSTS Under the FRED 22 (revision of FRS3)which aim to reflect the international shift, makes provisions for reporting comprehensive income such as reporting all recognised gains and losses in a sole statement instead of splitting these gains and losses between the performance statement and the STRGL. There is a need for the display of recognised gains and losses as they are part of the companyââ¬â¢s operating activities and some are financial in nature. There is a list of recognised gains and losses that should appear in the treasury section of the performance statement. According to Skyââ¬â¢s accounts for 2004 and 2005, there were no recognised gains or losses in either year other than those included within the profit and loss account. Primarily, statement of total recognised gains and losses are financial statements that enable users to consider all recognised gains and losses of a reporting company in assessing the companyââ¬â¢s overall performance. Notes of historical costs are necessary as it identifies the resources acquired by the company at their original price. In effect, this identifies how the items are actually measured over a period. Additionally, it assists with the understanding of capital maintenance adjustments. Firstly, assets are recorded at the value of the consideration given to acquire them at the time of acquisition. Liabilities are recorded at the amount of proceeds received in exchange for the obligation. The purpose for this is to measure the process of determining the monetary amounts in which the element of the financial statements are to be recognised and carried in the balance sheet and in the income statement. (1)(d) CLASSIFICATION OF PREFERENCE SHARES AND DIVIDENDS According to the IAS 1 preference shares are reclassified to borrowings and the preference dividends are reclassified to finance costs. However, when preference shares are non-redeemable, the appropriate classification is determined by the rights attached to the preference shares. Classification is dependent upon an assessment of the substance of the contractual arrangements, equity instrument and the definition of financial liability. Furthermore, the classification of preference shares as an equity instrument or a financial liability is unaffected by a history of making distributions and an intention to make distribution in the future. Under IAS 10, a company must not recognise a liability for dividends in respect of dividends declared after the balance sheet date as it is not a current liability at the balance sheets date under IAS 37. In the event that a company purchases its preference shares for cancellation for more than their carrying amount (premium) then this should be treated as preferred dividend in the calculation of EPS. (2)(a) OBJECTIVES OF IAS 7 AND DISTINCTION BETWEEN IAS 7 FRS1 The structure of the IAS 7 had an influence on the revision of FRS 1. The objective of IAS 7 is that a cash flow statement of a company must correspond to the requirements and identifications under IAS1. In addition, the cash flow must identify movement in cash and cash equivalents during the financial period (cash equivalents are short term and highly liquid investments). Furthermore, there must be a provision identifying and classifying the changes in cash and cash equivalents to operating, investing and financing activities. In a number of cases, there are conflicting factors between the framework of the Financial Reporting Standards and the International Accounting Standards. In the event of conflict, the framework of the International Accounting Standards prevails over the Financial Reporting Standards. IAS 7 requires companies to present cash flow statements as part of a companyââ¬â¢s financial statement. International Accounting Standards (IAS 7) is a mechanism that provide additional information on the companyââ¬â¢s business activities, assess the present liquidity of the business activities, demonstrate substantial cash flow sources, assist with the estimation of future cash flows and finally will identify cash flow accumulated from trading activities rather than sources of finance. (2)(b) PREPARATION OF A CASH FLOW STATEMENT UNDER A DIRECT METHOD UNDER IAS7 FRS1 The following is a cash flow for Sky plc prepared in accordance with the direct method IAS 7: Notes for Guidance (1) Net profit before tax is taken from the extract of the income statement. (2) Depreciation is shown as a note to the income statement. (3) Loss on sale of the non-current asset; proceeds minus (cost less depreciation to date) see note A1 below. (4) Interest expense is shown on income statement. Changes in Working Capital Structure: Inventory, receivables and payables are differences in opening and closing balances shown on the balance sheet. Disposal Account (à £000ââ¬â¢s) Non-Current Assets Notes: (A2, A3 and A4) The interest paid is the net interest cost shown on the income statement and is the 10% charge on loan notes shown on the balance sheet for June 2000. The dividend and tax paid in the year are those shown on the 1999 balance sheet extract under the heading Current Liabilities. (A5) Purchase of Non-Current Assets (A6 A7) Proceeds from the issue of shares and loan notes are the increases shown on the difference between the two balance sheet figures for 2004 and 2005. (A8) This is the net effect from operating activities à £7,975, net cash used in investing activities (8,525) and the net cash flow from financing activities 1,550. (A9) This is the bank figure under current assets 2004 balance sheet. (A10) Bank balance on 2005 balance sheet. (2)(c) ASSESSMENT OF THE COMPANYââ¬â¢S LIQUIDITY IN ACCORDANCE WITH THE INFORMATION ON THE CASH FLOW. Having examined the accounts and financial statements of Sky plc, there is clear evidence reflecting on the companyââ¬â¢s liquidity level. Firstly, the measurement of the liquidity ratio revealed that the company was in healthy liquid position. Current Ratio= Current Assets / Current Liabilities Current Ratio of Sky = current assets à £1,830m/ current liabilities à £1,481m= 1.24 times The current ratio measures a companyââ¬â¢s ability to meets its financial obligations as they fall due. A normal current ratio is two. Skyââ¬â¢s current ratio is relatively stable considering the type of industry of Sky plc. Acid Ratio= Current Assets- stock/current liabilities Acid Ratio of Sky= Current Assets à £1,830m- Stock à £627m/ Current liabilities à £1,482m=0.81 times The acid ratio clearly indicate that Sky has a high levels of stack and this also demonstrates that the current ratio overstated Skyââ¬â¢s ability to meet its financial obligations because of the inclusion of the stock in the numerator. The information provided in the cash flow, demonstrated clear evidence of liquidity in the flowing of cash. For example, there was a dramatic net increase in cash and cash equivalents of à £1,000m over a year. Furthermore, this indicate that the companyââ¬â¢s economic activities are performing well in comparison to the previous year. However, amount à £8525m was invested in investing activities, this figure being greater than the companyââ¬â¢s net cash flow from operating activities amounting to à £7975m. Nevertheless, the short fall in the financing of investing activity was meet by new issue of shares à £50m and issue of bank loans à £1500m. Inevitably, the bank loan increases companyââ¬â¢s debt and the gearing level of the company. Nevertheless, over a year companyââ¬â¢s bank balance increased from à £1250 to à £2250m. In conclusion, the accounts of Sky plc indicate substantial development but there are great expenditure resulting from investment in activities. However, there is not a real concern over the liquidity of the company nor any chances of bankruptcy. BIBLIOGRAPHY Cox .D. 1999 ââ¬Å"Business Accountsâ⬠2nd Edt Osborn Business Naylor.J. 1999 ââ¬Å"Managementâ⬠Financial Times Prentice Hall Pendlebury. M Groves .R . 2000 ââ¬Å" Company Accounts, Analysis, Interpretation and Understandingâ⬠5th Edt Thompson Russell. D et al 2002 ââ¬Å"Cost Accounting an Essential Guideâ⬠Financial Times Prentice Hall. Watson . D Head. A. 2001 ââ¬Å"Corporate Finance Principles and Practiceâ⬠2nd Edt Financial Times Prentice Hall.
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