Friday, November 29, 2019
Digital Subscriber Line Essays (758 words) - Digital Subscriber Line
Digital Subscriber Line Digital Subscriber Line new technology that takes advantage of standard copper telephone line to provide secure, reliable, high-speed Internet access. DSL refers to the family of digital subscriber line technologies, such as ADSL, HDSL, and RADSL. Connection speed for DSL ranges from 1.44 Mbps to 512 Kbps downstream and around 128 Kbps upstream. Unlike traditional connections DSL such as analog modems and IDSN, DSL deliver continuous "always on" access. That means multimedia-rich websites, e-mail, and other online applications are available anytime. DSL makes it possible for you to remain online even while you're talking on the telephone-without jeopardizing the quality of either connection. DSL is available in a spectrum of speeds. Some are best home use, while others are designed to accommodate rigorous business demands. Whether for business or the home, DSL, offers unsurpassed price/performance value compared to other online options. There are the five facts that one should know about DSL. It is remarkably fast. With DSL service, you can benefit from Internet speeds that are up to 12 minutes faster than a typical ISDN connection and 50 times faster than traditional 28.8 Kbps modems. This means that in the 12 seconds it takes to read this information, you could have downloaded a 2 megabyte presentation file or web photograph. It would take 10 more minutes (600 more seconds!) to download the same with a traditional 28.8 Kbps. It's highly reliable. One can depend on DSL because its proven technology takes full advantage of the existing telecommunications infrastructure. It's inherently secure. DSL network provides a dedicated Internet connection via private telephone wires, you can bypass dial-up intruders or shared network hackers. Unlike traditional dial-upp modems or cable modems. DSL protects your valuable data with the most secure connection available. It's surprising affordable. DSL is widely recognized as the most cost-effective connectivity solution for small buisness. DSL delivers industrial- strength like speed to multiple users at only 25% of typical TI costs. There is no better price option available. DSL is also an exceptional value for home users. At about $2 a day for services that meets the needs of most people. The connection is always on. It's ready to run every minute of the day. There's no more logging on and off. No more busy signals or disconnects. This gives you the freedom to focus on what you want to accomplish on line rather than focusing on trying to get connected. In fact, you can be more productive because the power and immediacy of the internet is continuously available at your fingerprints. DSL is a network access technology that telephone companies have been testing and refining since the beginning of the decade. It has unique advantages that it can provide high speed digital transmission over 750 million ordinary phone lines that make up our communication infrastructure. Speed 384 Kbps 128 Kbps 28.8 Kbps 2 Mb image files 72 seconds 3.6 minutes 15.9 minutes 72 MB video 43 minutes 2.2 hours 9.6 ours DSL enables today's users to gain continuous access to the Internet or corporate Local Area Neworks (LANs) at an amazing rate of 25 times to 100 times faster than the 56.6 kilobits per seconds modems. DSL modems use sophisticated digital coding techniques that squeezes up to 99% or more capacity out of an ordinary phone line, making a super-fast network access possible. DSl was originally developed to support video on demand services that telephone companies planned to offer to compete with cable companies. However most companies have backed away from these services. Instead, DSL's high speed capacity have made it the technology of choice for the majority of the lines leased by large corporation for private voice and data networks. DSL comes in many different varieties: ADSL Asymmetric or Asynchronous Digital Subscriber Line service transmits faster on direction (1.544 Mbps downstream to the house) than the other (384 Kbps to the the telephonw company's CO). ADSL bases services offer high power Internet users who want to download large files and other resources from the Web in less time than it normally would. SDSL Symmetric Digital Subscriber Line (also know as the single line) provides 144 Kbps of bandwidth in both directions. SDSL's is cheaper than other services provided by DSL. It has the ability to transfers information in both directions. It's ideal for most buisness applications, including internet access, or connecting remote offices of large corporations. IDSL ISDN Digital Subscriber line service is designed to accommodate users that already invested in ISDN. This is buisness oriented service, it provides ISDN signalling at 144 Kbps over a DSL
Monday, November 25, 2019
Definitions and Examples of Old English
Definitions and Examples of Old English Old English was theà language spoken in England from roughly 500 to 1100. Old English (OE) is one of the Germanic languages derived from a prehistoric Common Germanic, which was originally spoken in southern Scandinavia and the northernmost parts of Germany.à Old English is also known as Anglo-Saxonà and is derived fromà the names of two of the Germanic tribes that invaded England during the fifth century. The most famous work of Old English literature is the epic poem Beowulf. Exampleà of Old English The Lords Prayer in Old EnglishFà ¦der ureà °u à °e eart on heofenumsi à °in nama gehalgodto-becume à °in ricegeweorà ¾e à °in willa on eorà °an swa swa on heofenum.Urne ge dà ¦ghwamlican hlaf syle us to-deagand forgyf us ure gyltasswa swa we forgifaà ¾ urum gyltendumane ne gelà ¦de à °u us on costnungeac alys us of yfle.(The Lords Prayer [Our Father] in Old English) On Old English Vocabulary The extent to which the Anglo-Saxons overwhelmed the native Britons is illustrated in their vocabulary...Old English (the name scholars give to the English of the Anglo-Saxons) contains barely a dozen Celtic words...It is impossible...to write a modern English sentence without using a feast of Anglo-Saxon words. Computer analysis of the language has shown that the 100 most common words in English are all of Anglo-Saxon origin. The basic building blocks of an English sentencethe, is, you and so onare Anglo-Saxon. Some Old English words like mann, hus and drincan hardly need translation. (Robert McCrum, William Cram, and Robert MacNeill, The Story of English. Viking, 1986)It has been estimated that only about 3 percent of Old English vocabulary is taken from non-native sources and it isà clear that theà strong preference in Old English was toà use its native resources in order to create new vocabulary. In this respect, therefore, and as elsewhere, Old English is typically Germani c.à (Richard M. Hogg and Rhona Alcorn,à An Introduction to Old English, 2nd ed. Edinburgh University Press, 2012) Although contact with other languages has radically altered the nature of its vocabulary, English today remains a Germanic language at its core. Theà words that describe family relationships- father, mother, brother, son- are of Old English descent (compare Modern German Vater, Mutter, Bruder, Sohn), as are the terms for body parts, such as foot, finger, shoulder (Germanà Fuß, Finger, Schulter), and numerals, one, two, three, four, five (German eins,à zwei, drei, vier, fà ¼nf) as well as its grammatical words, such as and, for, I (Germanà und, fà ¼r, Ich).à (Simon Horobin,à How English Became English. Oxford University Press, 2016)à ââ¬â¹On Old English and Old Norse Grammar Languages which make extensive use of prepositions and auxiliary verbs and depend upon word order to show other relationships are known as analytic languages. Modern English is an analytic, Old English a synthetic language. In its grammar, Old English resembles modern German. Theoretically, the noun and adjective are inflected for four cases in the singular and four in the plural, although the forms are not always distinctive, and in addition the adjective has separate forms for each of the three genders. The inflection of the verb is less elaborate than that of the Latin verb, but there are distinctive endings for the different persons, numbers, tenses, and moods. (A. C. Baugh, A History of the English Language, 1978)Even before the arrival of the Normans [in 1066],à Old English wasà changing. In the Danelaw, the Old Norse of the Viking settlers was combining with the Old English of the Anglo-Saxons in new and interesting ways. In the poem The Battle of Maldon,...grammatical con fusion in the speech of one of the Viking characters has been interpreted by some commentators as an attempt to represent an Old Norse speaker struggling with Old English.à The languages were closely related, and both relied very much on the endings of wordswhat we call inflexionsto signal grammatical information. Often these grammatical inflexions were the main thing that distinguished otherwise similar words in Old English and Old Norse. For example, the word worm or serpent used as the object of a sentence would have been orminn in Old Norse, and simply wyrm in Old English. The result was that as the two communities strove to communicate with each other, the inflexions became blurred and eventually disappeared. The grammatical information that they signaled had to be expressed using different resources, and so the nature of the English language began to change. New reliance was put on the order of words and on the meanings of little grammatical words like to, with, in, over, an d around.à (Carole Hough and John Corbett,à Beginning Old English, 2nd ed. Palgrave Macmillan, 2013ââ¬â¹ On Old English and the Alphabet The success of English was all the more surprising in that it was not really a written language, not at first. The Anglo-Saxons used a runic alphabet, the kind of writing J.R.R. Tolkien recreated for The Lord of the Rings, and one more suitable for stone inscriptions than shopping lists. It took the arrival of Christianity to spread literacy and to produce the letters of an alphabet which, with a very few differences, is still in use today. (Philip Gooden, The Story of English. Quercus, 2009) Differences Between Old English and Modern English There is no point...in playing down the differences between Old and Modern English, for they are obvious at a glance. The rules for spelling Old English were different from the rules for spelling Modern English, and that accounts for some of the difference. But there are more substantial changes as well. The three vowels that appeared in the inflectional endings of Old English words were reduced to one in Middle English, and then most inflectional endings disappeared entirely. Most case distinctions were lost; so were most of the endings added to verbs, even while the verb system became more complex, adding such features as a future tense, a perfect and a pluperfect. While the number of endings was reduced, the order of elements within clauses and sentences became more fixed, so that (for example) it came to sound archaic and awkward to place an object before the verb, as Old English had frequently done. (Peter S. Baker, Introduction to Old English. Wiley-Blackwell, 2003 Celtic Influence on English In linguistic terms, obvious Celtic influence on English was minimal, except for place-and river-names...Latin influence was much more important, particularly for vocabulary...However, recent work has revived the suggestion that Celtic may have had considerable effect on low-status, spoken varieties of Old English, effects which only became evident in the morphology and syntax of written English after the Old English period...Advocates of this still controversial approach variously provide some striking evidence of coincidence of forms between Celtic languages and English, a historical framework for contact, parallels from modern creole studies, andsometimesthe suggestion that Celtic influence has been systematically downplayed because of a lingering Victorian concept of condescending English nationalism. (David Denison and Richard Hogg, Overview. A History of the English Language, ed. by Hogg and Denison. Cambridge University Press, 2008) History of the English Languageà English LanguageKenningKey Events in the History of the English LanguageLanguage ContactMiddle EnglishModern EnglishMutationSpoken EnglishWritten English
Thursday, November 21, 2019
The rise of organized labor in the 1930s From the perspective of the Assignment
The rise of organized labor in the 1930s From the perspective of the early 21st century - Assignment Example These people, migrants who have decided to reside in camps, are the same people who are actively drawing the ââ¬Å"other fun and light sideâ⬠of their existing difficult life. This goes to show that despite the pressing needs of the moment: unemployment, poverty, lack of education, lack of quality living etc, people will always naturally look for ways to relieve them of the undercurrent stresses. As fun and leisure becomes more and more rare, engaging in these kinds of activities has become prized and photographers from this era have vividly captured that natural nature of humans to seek fun and leisure. The Great Depression and the Arts: East side West side. http://www.butlerart.com/pc_book/pages/william_gropper_1897.htm This literature offers a collection of paintings of the everyday life, hardships, and other related scenes among during the great depression. As life becomes harder and harder, strikes and other violent means of expressing anxiety against the government has be come a legitimate course of action among those severely affected. Unlike Documenting America, this collection emphasizes the peopleââ¬â¢s emotions that are captured through paintings; those that evoked suffering, resilience, and survival. The social unrest gave rise to these creative but sad expressions.
Wednesday, November 20, 2019
London underground Essay Example | Topics and Well Written Essays - 2500 words
London underground - Essay Example It is also the first railway network to operate electric trains, in 1890, which now forms part of Northern line. The purpose of this paper is to explore the history of the London underground, its map design, services, fare, and system. It will also discuss improvements that need to be made in order to improve its functionality, especially with regard to whether or not a ladies carriage should be opened. Finally, the paper will discuss the safety issues and the ridership statistics. The history of railway construction in the United Kingdom can be traced back to early 19th century in which six railway terminals were built on the outskirts of London at around 1854. This include the Euston, Kingââ¬â¢s Cross, London Bridge, Waterloo, Paddington and Bishopsgate. During this period, there was only the Fenchurch Street that was located at the central business district of London City. This saw an increase in traffic jams, partly due to the desire for rail travelers to be able to reach the city centre by road. Therefore, as a means to decongest traffic in London, a proposal that had been made in 1830s, to construct an underground railway to connect the London City with the mainline terminals was re-energized in 1850s. This was due to the public pressure exerted on the government by commuters who were concerned about the traffic congestion in the city, which led to a lot of delays to reach the Londonââ¬â¢s city centre where they worked. As a result, in 1855, an Act of Parliament was passed approving the building of an underground railway between Farringdon Street through Kingââ¬â¢s Cross and Paddington, which was to be called the Metropolitan Railway. The project received a financial backing from Great Western Railway (GWR) when it consented that a junction would be constructed to link underground railway and mainline terminus at Paddington. Moreover, the GWR also accepted to design distinctive trains to link with the new subterranean
Monday, November 18, 2019
The key to understanding common law system is their adversarial nature Essay
The key to understanding common law system is their adversarial nature - Essay Example Today, the common law is said to be a mixture, not only of court judgments, but also of statutes and equity and still retaining its distinguishing characteristic of being unwritten, as opposed to statutory law, although many leading and precedent cases have seen printing in law reports and journals. 1 The common law system, is however best understood by studying the components of its adversarial nature. Anglo-Saxon kings like Ine in 689-725 and Alfred the Great (875-900), caused the issuance of codes and laws during their reigns that were largely reflections of ancient customs in addition to some new innovations. The primitive practice, for example, of private vengeance in blood-feuds although not outlawed, but there were subtle moves to restrain them imposing upon a tariff called wergild set by the king, where a manââ¬â¢s value, determined by his social standing, had a corresponding price to be paid when he is wronged. 2 The common law countries, like the Great Britain, the United States and Australia, employ the adversarial mode of trial whilst Continental Europe observes the non-adversarial or inquisitorial judicial system. The distinction between the two is that ââ¬Å"the adversarial mode of proceeding takes it shape from a contest or a dispute: it unfolds as an engagement of two adversaries before a relatively passive decision maker whose principal duty is to reach a verdict. The non-adversarial mode is structured as an official inquiry. Under the first system, the two adversaries take charge of most procedural action; under the second, officials perform most activities.â⬠3 Moreover, adversarial systems are characterised by the following: the parties to the action control its flow or conduct; the trial consists of a continuous hearing and is the center of the judicial system; the production of evidence falls in the hands of the contending parties; the rules of court has no compulsory role. This is
Saturday, November 16, 2019
Significance of Departmental Accounting
Significance of Departmental Accounting This report has done on wide research of financial accounting. This report has five parts. First part includes departmental accounting and its significance. Second part shows a calculation for a given question. Third part includes four fundamental accounting concepts such as going concern, matching concept, prudence and consistency with examples. Forth part includes users and uses of financial accounting and statements. Finally fifth part shows a significance of local community for businesses and corporate social governance, how it began and its importance. 1.0 Departmental Accounts Departmental accounts may be stated as a procedure of book-keeping and accounting, the reason of which is to find how much profit (or loss) is made by each section or department of a business. In this context the term department means an income making department, as dealing outcomes will not be obtained for non-revenue making department for example maintenance, trading or management, etc. (Pendlebury Groves, 2004). If an enterprise comprise of five independent activities, or is divided into five departments, for carrying on separate functions, its management is generally involved in finding out the working outcomes of each department to ascertain their relative efficiencies. This can be made likely only if departmental accounts are prepared. Departmental accounts are of great help and assistance to the managements as information for commanding the enterprise more intelligently and effectively, since thereby all kinds of waste either of material or of cash are readily detected; furthermore attention is drawn to inadequacies or inefficiencies in the working of departments or units into which the enterprise may be divided (Pendlebury Groves, 2004). Significance of Departmental Accounts Preparation of Departmental accounts is helpful to the business in the following respects: Easy to comparing the performance of each departments Departmental accounts enable the businesses to compare the performance of one department with another department. It also helps an organisation to rank departments using their earning values. The overall profit on sales, namely RM 490,000 on a turnover of RM 2,730,000 is probably quite satisfactory; yet in the absence of departmental accounting the loss incurred by Department C and D would not be revealed. Easy to evaluate departmental growth Departmental accounting helps an organisation to evaluate each departmental growth separately on the basis of trading results over period of time. An endeavour may be made to push up the sales of the department which is earning maximum profit. To explain it further here is an illustration: The above table shows an individual product growth of ABC organisation for three years. Product D is a continuous loss making product whereas other products such as profit for product C is continuously decreasing over a period of time. Using departmental accounting for this organisation became easier for management to evaluate the performance of these products. Decision making Departmental accounting makes it simplier for management to make conclusions if they are having more than one product, they can actually forecast the future performance of a product. Most of the time decision includes some questions such as whether a product is profitable or not, if the product is not profitable whether they should continue to produce that product or just eliminate it, what would be consequences of eliminating a product. Here is a further interpretation using illustration 2. Management can actually decide whether they should continue to produce these five products based on their growth over a period of time. Let say product D as this product is continuously making loss since 2009, it became easier for management to decide whether they should produce product D or they should eliminate this product. Furthermore they can rank the product based on their profits. For example Product B is the most profitable product. Easy to prepare departmental budget Departmental budgeting assists an organisation to prepare budgets for each department. A budget ensures that an organisation can pay for costs for all products and dont have risk of going into debt to keep business running. To construct a complete budget, an enterprise must understand how to set aside finances for each department and understand how each department works simultaneously to make up the full-scale plan. ABC organisation can actually evaluate whether they can afford these departments or not. If we compare Department B and Department C, then B is a profitable department whereas C is loss making department. Now the management have to decide whether they can afford expenses for Department C in next year or not because they are not sure whether it can generate profit or not in next. 3.0 Four Fundamental Accounting Concepts 3.1 Going Concern Concept The going concern concept assumes that business will persist with its business activities in the foreseeable future; thus the accountant will not suppose that there is a desire to cut back on business operations or an intention to liquidate. The significance of this concept is that items should be valued not at their break-up value but at their net book value, based on the estimation of the cost of the depreciation provision. Without this assumption, preparation of the balance sheet would be much more difficult (Pizzey, 2001). Examples of going concern concept The RM 2.6 billion inventory for Sara Ltd in 2012 is reported at the cost originally paid to purchase the inventory. This is a reasonable figure because, in the normal course of business, Sara Ltd can expect to sell the inventory for this amount, plus some profit. But if it were assumed that Sara Ltd would go out of business tomorrow, the inventory would suddenly be worth a lot less. The going concern concept allows the accountant to record assets at what they are worth to a company in normal use rather than what they would sell for in a liquidation sale (Pizzey, 2001). Another example is fixed assets, we show fixed asset at cost less depreciation to rather their current value in the second-hand market, because they are held by the firm not for immediate resale, but to be used by the business until their working life is over. This is clearly an assumption on which the balance sheet is based (Pizzey, 2001). Before the accounts are certified as showing a true and fair view, the auditor must be satisfied that the company is a going concern and that it will continue to function successful in the future (Pizzey, 2001). This the profit measurement calculation is insulated from fluctuations in the value of fixed assets, and the spread of the capital cost of an asset over the years of its useful life, by depreciation, is supported by this principle (Pizzey, 2001). 3.2 Matching concept This is sometimes called the accruals principle. Its purpose is to match effort to accomplishment by setting the cost of resources used up by a certain activity against the revenue or benefits received from that activity. When a profit statement is compiled, the cost of the goods sold should be set against the revenue from the sale of those goods, even though cash has not yet been received. Expense and revenue must be matched up so that they concern the same goods and time period, if a true profit is to be computed. Costs concerning a future period must be carried forward as a prepayment and charged in that period, and not charged in the current profit and loss account. Expenses of the current period not yet entered in the books must be estimated and inserted accruals (Pizzey, 2001). Example of matching concept Jason pays rent for his guest house of 1000 RM per year, in a lump sum at the end of the year. If he did not use the accruals concept, accounts would show zero rent expenses for the first eleven months of operation and then a heavy rent expense at the end of the 12th month. In order to show more realistic and accurate monthly profit and loss accounts, he should accrue the sum of RM 1000/12 and then adjust for any differences at the end of the year. 3.3 Prudence Concept The prudence concept is often referred to as the conservatism concept. The preparation of accounts requires judgements to be made about the future and because of the uncertainties associated with this a prudent or cautious approach is required profit determination. Under this concept all expected losses should be taken into account immediately they are known about, whereas expected gains are not recognised until actually realized. An example of the widespread use of the prudence concept is closing stock valuation. The normal rules is that closing stock should be valued at cost but if the market value of the stock falls below cost then the market value should be used. This is the lower of cost or net realizable value that is generally applied to stock valuations (Pendlebury Groves, 2004). The prudence concept is clearly useful in terms of preventing over-optimistic calculations of profit to be reported. Overstatement of profit might lead excessive dividend payments being made or to incorrect investment decision being taken. However, the concept of prudence should not be taken to excess because the understatement of profit which would result might be just as misleading as overstatement and might discourage investment unnecessarily (Pendlebury Groves, 2004). 3.4 Consistency Concept In accounting there are often several acceptable ways of determining asset values and the proportion of the cost of assets that should be borne by each accounting period. The consistency concept requires there to be consistency if treatment of like items within each accounting period and from one period to the next. In other words once one of the generally accepted methods is chosen then the method should usually be used consistently from year to year (Pendlebury Groves, 2004). However, if there are compelling and justifiable reasons for changing the method of valuing a particular item. E.g. closing stock, then this is permitted under the consistency concept, but the impact of the change on current year profit and the impact the change would have had on accounts of the previous year should be reported to provide comparability (Pendlebury Groves, 2004). 4.0 Users and Uses of financial statements and accounting information There are different kinds of users of financial statements. The users of financial statements may be inside or outside the business. They use financial statements for a large variety of business purposes and their ability to understand and analyse financial statements helps them to succeed in the business world. 4.1 Classification of Users of Financial accounting Information The five users of financial statements are classified and explained as follows: Investors Investors are concerned about risk and return in relation to their investments. They require information to decide whether they should continue to invest in a business. They also need to be able to assess whether a business will be able to pay dividends, and to measure the overall performance of the business management (Riley, 2012). Customers Customers require information about the ability of the business to survive and prosper. As customers of the companys products, they have a long-term interest in the companys range of products and services. They may even be dependent on the business for certain products or services (Riley, 2012). Employees Employees are seeking security of employment and a return for the work they do. Employees would therefore be looking for indications that the company is doing well enough to continue to trade into the future and is doing well enough to continue to employ them and is able to meet the salary and wages bill each month. If there is any profit or performance related component to the remuneration they will also be interested in the company performance and how close it is to triggering the bonus payments (Riley, 2012). Government There are many government agencies and departments that are interested in accounting information. For example, the IRCE needs information on business profitability in order to levy and collect Corporation Tax. For example: Various regulatory agencies (e.g. the Competition Commission and the Environment Agency) need information to support decisions about takeovers and grants (Riley, 2012). Bankers The banks are a common source of short term funds for an organisation, and the place where cash is deposited as it is received. If the bank gives loan to the company then they will be interested in the ability of the company to pay its interest and the loan amount back on the due dates. How profitable the company is and how good it is being managed will be important areas they will look at. In the case of small businesses this will revolve around the faith they have in the owner/manager (Riley, 2012). 4.2 Classification of uses of financial accounting information Accounting provides companies with various pieces of information regarding business operations. It is often conducted by a companys internal accounting department and reviewed by a public accounting firm. Small businesses often have significantly less financial information recorded during the accounting process. However, business owners often review this financial information to determine how well their business is operating. Accounting information can also provide insight on growing or expanding current business operations (Vitez, 2012). Performance Management A common use of accounting information is measuring the performance of various business operations. While financial statements are the classic accounting information tool used to assess business operations, business owners may conduct a more thorough analysis of this information when reviewing business operations. Financial ratios use the accounting information reported on financial statements and break it down into leading indicators. These indicators can be compared to other companies in the business environment or an industry standard. This helps business owners understand how well their companies operate compared to other established businesses (Vitez, 2012). Create Budgets Business owners often use accounting information to create budgets for their companies. Historical financial accounting information provides business owners with a detailed analysis of how their companies have spent money on certain business functions. Business owners often take this accounting information and develop future budgets to ensure they have a financial road map for their businesses. These budgets can also be adjusted based on current accounting information to ensure a business owner does not restrict spending on critical economic resources (Vitez, 2012). Business Decisions Accounting information is commonly used to make business decisions. Decisions may include expanding current operations, using different economic resources, purchasing new equipment or facilities, estimating future sales or reviewing new business opportunities. Accounting information usually provides business owners information about the cost of various resources or business operations. These costs can be compared to the potential income of new opportunities during the financial analysis process. This process helps business owners understand how current business operations will be affected when expanding or growing their businesses. Opportunities with low income potential and high costs are often rejected by business owners (Vitez, 2012). Investment Decisions External business stakeholders often use accounting information to make investment decisions. Banks, lenders, venture capitalists or private investors often review a companys accounting information to review its financial health and operational profitability. This provides information about whether or not a small business is a wise investment decision. Many small businesses need external financing to start up or grow. The inability to provide outside lenders or investors with accounting information can severely limit financing opportunities for a small business (Vitez, 2012). 5.0 Why community is important for an organisation A local community is a group of interacting people sharing an environment. In human communities, intent, belief, resources, preferences, needs, risks, and a number of other conditions may be present and common, affecting the identity of the participants and their degree of cohesiveness (Post, Lawrence, Weber, 1999). Business activity occurs within a community, and it is important that the community is considered in major business decisions. Businesses face community in different roles such as they could be potential employees and customers who can help the organisation be successfully. Without the community there would be no business. Community can influence business in different manners such as (Post, Lawrence, Weber, 1999) Customers as a community Community can decrease demand for an organisations product because customers are also a part of community. If businesses affect community in a negative manner such as providing low quality product, harming environment by pollution and so on, then customers as a part of community will start reducing their demand for that particular businesses product. If demand for their product will decrease then the company would be making a serious loss and without making profit, an organisation cannot survive (Taylorr, 2010). Employees as a community Employees are also a part of community and they also have a power to influence an organisation. If an organisation does not play a good role in community, then employees can actually strike or stop working in that organisation. Labour strike is a serious problem for an organisation because it can reduce the production. Reduction in production can also be a loss making situation for an organisation (Taylorr, 2010). Investors as a community Investors also play a role as a community for an organisation. By having a bad image in community, it stops investors to invest in particular businesses because investors are concern with their return on investments. If an organisation has a bad image on community, chances are high for decrease in stock value of an enterprise, which will effect investors decision of investing in a particular organisation (Taylorr, 2010). There are many other reasons which create a value of a local community for an organisation while making decisions. The best idea for survival of an entity is to have a good relationship with local community. 5.1 Corporate Social Responsibility Corporate social responsibility means that a corporation should be held accountable for any of its actions that affect people, their communities, and their environment; it implies that negative business impacts on people and society should be acknowledged and corrected if at all possible. It may require a company to forgo some profits if its social impacts are seriously harmful to some of its stakeholders or if its funds can be used to promote a positive social good (Post, Lawrence, Weber, 1999). 5.1.1 How corporate social responsibility began In the United States, the idea of corporate social responsibility appeared around the turn of the twentieth century. Corporation at that time came under attack for being too big, too powerful, and guilty of antisocial and anticompetitive practices. Critics tried to curb corporate power through antitrust laws, banking regulations, and consumer-protection laws. Faced with this kind of social protest, a few farsighted business executives advised corporations to use their power and influence voluntarily for broad social purposes rather than for profit alone. Some of the wealthier businesses leaders for example steelmaker Andrew Carnegie became great philanthropists who gave much of their wealth to educational and charitable institutions. Other like, automaker Henry Ford, developed paternalistic programs to support the recreational and health needs of their employees. The point to emphasize is that these business leaders believed that business had a responsibility to social that went beyond or worked in parallel with their efforts to make profits (Post, Lawrence, Weber, 1999). As a result of these early ideas about businesss expanded role in society, two broad principles emerged which are: The Charity Principle and The Stewardship Principle. These principles have shaped business thinking about social responsibility during the twentieth century and are the foundation stones for the modern ideas of corporate social responsibility (Post, Lawrence, Weber, 1999). 5.1.2 Importance of Social Governance in businesses An easy way to build its brand, reputation and public profile Being socially responsible creates goodwill and a positive image for an organisation. Trust and a good reputation are some of companys most valuable assets. In fact, without these, one wouldnt even have a business. One can nurture these important assets by being socially responsible (Taylorr, 2010). It is however, crucial that an organisation devise the right socially responsible program for their business. When used properly, it will open up a myriad of new relationships and opportunities. Not only will an association success grow, but so will companys culture. It will become a culture which an entity, its staff and the wider community genuinely believe in (Taylorr, 2010). It attracts and retains staff Socially responsible companies report increased employee commitment, performance and job satisfaction. By attracting, retaining and engaging staff, doing well for others reduces an organisations recruitment costs and improves work productivity (Taylorr, 2010). It attracts more customers Branding business as socially responsible differentiates it from competitors. The Body Shop and Westpac are companies who have used this to their advantage. Developing innovative products that are environmentally or socially responsible add values and gives people a good reason to buy from that organisation (Taylorr, 2010). It attracts more investors Investors and financiers are attracted to companies who are socially responsible. These decision-makers know this reflects good management and a positive reputation. Businesses should not underestimate this influence; it can be just as important as a companys financial performance. In fact, it may be the deciding factor in choosing to support company (Taylorr, 2010). It encourages professional and personal growth Employee can develop their leadership and project management skills through a well-designed corporate social responsibility program. This may be as simple as team building exercises, encouraging employees to form relationships with people they would not normally meet (Taylorr, 2010). It helps to cut business costs Environmental initiatives such as recycling and conserving energy increase in-house efficiency and cut costs. Introducing a corporate social responsibility program gives an organisation a good reason to examine and improve on its spending (Taylorr, 2010). 6.0 Conclusion After conducting this report we have learn that departmental accounting is compulsory for an organisation with more than one department because it make business activities more effective. Another thing we have learn is it very important for a survival in a local community to perform corporate social responsibilities, without doing right for community its hard for an organisation to survive in long term. Furthermore we have learnt that it is compulsory for businesses to apply fundamental concepts while preparing financial statements.
Wednesday, November 13, 2019
The Life of Kate Chopin Compared to the Life of Edna Potilier Essay
The events of Kate Chopin's life strongly influence the feminist traits of Edna Pontilier, the main character in her novel The Awakening. Kate Chopin is known for her literary works that exemplify culture in New Orleans, Louisiana, and of women's struggles for freedom. Pontilier also demonstrates a woman's struggle in the 1800's and their search for a better and more independent future. The lives of Kate Chopin and Edna Pontilier are similar in their feminist views and strong urge for a free and independent life. Kate Chopin was raised under the influence of strong, independent women who told her to do what she wanted in life and not let anyone get in her way (McMahon). Her grandmother was and independent woman who worked for herself and provided a good example that woman did not need a man to make it in the world. Chopin?s mother taught her from childhood that she should always depend on herself and no one else. Also, Chopin and Pontilier were avid readers of books about everyday women gaining their freedom. Chopin read books such as Little Women, an 1876 novel about the lives of four sisters growing up during the American Civil War and Jane Eyre, an 1874 novel about a small, intelligent, and passionate orphan girl who struggles greatly on her way to freedom and independence . These books influenced her to make her novel The Awakening have a feminist viewpoint. Additionally, both women were married unprepared for the restrictions that went along with married life. They were used to being fre e and making their own decisions before marriage and were surprised at what was expected of them of society as wives. Kate Chopin defied society in many ways. She smoked cigarettes, questioned the Catholic church, loved to read and write a... ... Awakening was regarded by critics as vulgar, unwholesome, unholy and a misappropriation of Chopin?s exceptional literary talent.? ? The English Department of Bowling Green State University. After many years of criticism and questioning The Awakening was finally given the respect and recognition it deserved. Kate Chopin had many influences throughout her life that made her become the feminist writer she was when writing The Awakening. Edna Pontilier was created as a feminist because of influence of others on Chopin?s life, personal experiences and the enforcement of societal expectations placed on Chopin during this time. Both women defied society to obtain freedom and independence in a society where women were objects, not people. Without the influences in Kate Chopin?s life, Edna Pontilier my not have been the dynamic character she was during the novel.
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