Everything is Miscellaneous Essay Example | Topics and Well Written Essays - 750 words

Everything is Miscellaneous - Essay Example One thing that has gone in question is the unwavering quality of data. Wikipedia happens to be one of the most as often as possible and ordinarily counseled site for social affair data about any sort of subject. Be that as it may, Wikipedia offers every one of its clients to add to the information it stores in its database on account of which, it isn't accepted to be a sound wellspring of data in the scholastic world. â€Å"Philip Bradley, a custodian and Internet expert, said in the Guardian that Wikipedia is hypothetically â€Å"a stunning idea,† yet â€Å"I wouldn’t use it, and I’m not mindful of a solitary curator who would†Ã¢â‚¬  (Weinberger 132). Wikipedia lays on an incidental arrangement of spread of data. This paper basically dissects a narrative that can be characterized in comparable terms. In this narrative (â€Å"Obsession: Radical Islam’s†), Islam is depicted as a danger toward the Western culture. The narrative holds one of t he most major principles of Islam, called as â€Å"Jihad† as the main driver of fear mongering on the planet. Jihad is one of the most generally misconstrued and misjudged precepts of Islam in the West. In view of the manner in which it has been depicted in the media, numerous individuals especially non-Muslims consider Jihad psychological warfare. Western media characterizes Jihad as radical Muslims’ announcement of war over the honest non-Muslims. To offer load to picture it needs to build of Jihad, the narrative affirms that non-Muslims, yet additionally numerous Muslims are likewise put to hazard because of the spread of fear based oppression with Jihad since they are considered responsible by the non-Muslims for the demonstrations of the psychological militant organizations. The narrative shows different scenes broadcast on the TV directs generally in Arabia in which Jihad has been characterized as fundamentally connected with the spread of fear based oppression o n the planet (Munoz). For example, a researcher in one of the clasps appeared in the narrative says that it's anything but a wrongdoing for a Muslim to kill a non-Muslim in light of the fact that the last isn't a higher priority than a bovine. It is critical to take note of that to comprehend Jihad in its actual soul, it is basic that the historical backdrop of Islam is perused and Jihad is comprehended in setting in which it has been made required upon the supporters of Islam. So as to comprehend the genuine importance of Jihad, it must be seen that most clasps remembered for the narrative show deluding researchers that either are misled about the criticalness of Jihad in Islam or deliberately depict it wrongly in order to make disarrays and contentions about Islam. Such researchers are supported by hostile to Islamic organizations that need to dissuade non-Muslims from grasping Islam, considering the way that Islam is the quickest spreading religion on the planet today. The narrat ive likewise shares some correct ideas about Jihad. This makes it a blend of right and mistaken portrayals of Jihad. For example, the narrative tells that Jihad’s strict significance is â€Å"struggle† which is right (Fatoohi). â€Å"In Qur'an it isn't jihad however values like equity, empathy and pardoning are increasingly conspicuous. While these qualities are changeless and extraordinary, war (for which Qur'an utilizes the word qital, not jihad) is logical and guarded just when such circumstance arises† (Ali). Consistently, a large number of non-Muslims grasp Islam voluntarily instead of by

Elements of the Marketing Process

Components of the Marketing Process 1.1 Explain the different components of the promoting procedure. Promoting Kotler (2010) characterizes that Marketing is the social procedure by which people and gatherings acquire what they need and need through making and trading items and incentive with others. Advertising is the action, set of establishments, and procedures for making, imparting, conveying, and trading contributions that have an incentive for clients, customers, accomplices and society on the loose. (American Marketing Association, 2010) Clients Needs, Wants and Demands An effective business begins with knowing the clients. Clients are individuals who purchase items and administrations from others, for example, organizations of some sort. The organization may definitely know them as companions, neighbors and family however to build up the companys business, it is essential to recognize what the clients need or need. The requirements, needs and requests help the advertisers choose the items which they bring to the table in the market. Needs Needs are simpler to characterize however as indicated by social needs, physical requirements, singular needs and different elements. The activity of advertisers is to comprehend the requirements of the clients. Human needs are the essential necessities and incorporate food garments and safe house. Without these human can't endure. The items which are under the necessities classification don't require push. By providing all the more intently for the requirements of clients, it is for the most part effective for the organizations which comprehend the reasons why the clients settle on the choices, for example, what they purchase and how they purchase. (N.a, 2014) Instances of requirements class items transportation part Needs A distinction is much of the time made among requirements and needs. The showcasing idea is the mentality that business choices ought to be founded on what the buyer needs. (n.a, 2010). Needs are a stride in front of clients needs and furthermore to a great extent rely upon the necessities of the clients themselves. They are the type of human needs molded by culture and individual character (Class notes). For certain clients, the needs are straightforward. Then again, different clients might be progressively explicit in their needs. Instances of needs classification items Car Requests A stride in front of needs is requests. At the point when a client needs something which is the best, and furthermore the client can get it, at that point these needs are changed into requests. The fundamental distinction among needs and requests is clients want. Case of requests classification items †BMW Clients Satisfaction Clients fulfillment is a promoting term that relations how items or administrations provided by an organization meet a clients desire. Clients fulfillment encourages the organizations to assess their capacity in addressing clients needs and desires viably. (Zeithaml et al, 2009) Advertising Process The advertising procedure is the way toward dissecting market openings, choosing objective markets, building up the showcasing blend, and dealing with the promoting exertion. Target clients remain at the focal point of the showcasing procedure. Different Elements of Marketing Process There are different sorts of components under promoting process. They are †Situational Analysis Promoting Objectives Promoting Strategy Promoting Mix Usage and Control. Situational Analysis The establishment of the promoting plan, which is known as a situational investigation incorporates numerous components influencing on a business, for example, Swot examination, Pestle investigation, Porters five powers and partner examination. Swot which represents qualities, shortcoming, openings and dangers is to make arrangements of the entirety of the inward and outside qualities, shortcoming, openings and dangers to exhort vital arranging choices. Pestle which represents political, financial, social, innovative, lawful and natural is to distinguish the entirety of the different outer components that may influence a business. A situational examination can lead the association of better understanding the components which will impact its future. (Lorette, 2014) Advertising Objectives The goal is the beginning stage of the promoting plan. Showcasing targets are objectives for the association which needs to be effective while empowering its items or administrations to clients. They ought to consistently bolster the companys crucial objectives. They are significant in light of the fact that they can show how the organization will profit by advertising, preparing the representatives and overseeing (Pendergrass, 2013). Each compelling objectives and goals are characterized by the SMART measures. Savvy represents Explicit Quantifiable Concurred and Attainable Pertinent and Realistic Timetable (class notes) For instance †to build 50 understudies for every month in 2014 to edit at any rate 70% very much prepared understudies in 2016 Promoting Strategy A system is a drawn out arrangement to accomplish certain targets. In this manner a promoting technique is a showcasing plan considered to accomplish advertising destinations. STP advertising is a three-advance way to deal with construct an objective showcasing plan. S is for division, T is for focusing on and P for situating (Kokemuller, n.d). Division is basically a conceptualizing movement because of socioeconomics, psychographics, way of life, conviction and qualities, life stages, geology, conduct and advantage (Hanlon, 2013). Focusing on permits organizations to group the market portions that fit the best with their items. Hanks,(2014) states that Positioning incorporates the improvement of an item that the chose target showcase section sees as one of a kind when contrasted with comparable items in the business. Promoting Mix Promoting blend is the mix of seven factors under a companys control that can be attempted to accomplish advertising goals. Showcasing administrators utilize this to deliver the best reaction in the objective market. Understand that the showcasing blend standards are reasonable. (N.a ,2014) Promoting choices by and large fall into the accompanying seven controllable classifications named as 7Ps. Item Cost Spot Advancement Individuals Procedure Physical Evidence Execution and Control A viable vital execution can decide the result of showcasing arranging. The viability of usage might be improved by the administration of the arranging procedure by building guarantee and responsibility for plan and its execution. (N.a, 2013) N.a (2008) states that Strategic Control is the last advance of the executives procedure, comprises of observing and assessing the technique the board procedure in general to guarantee that it is working appropriately. The fundamental of control is capacity to gauge. It contrasts what ought to happen really and what really occurred or is probably going to occur. 1.2 Evaluate the advantages and expenses of advertising direction for a chose association. Creation Concept The creation idea is where products are delivered without mulling over the decisions or tastes of the clients. (Manzoor, n.d) Item Concept The clients will incline toward items that have better quality, execution, and highlights as inverse to an ordinary item in the item idea. This is genuinely related in certain spots, for example, gadgets and portable handsets. Selling Concept The selling idea in advertising is the idea that clients won't naturally purchase something they consequently sold. Advertising Concept Riley (2012) characterizes that An advertising orientated methodology implies a business responds to what clients need. The choices taken are based around data about clients needs and needs, instead of what the business believes is directly for the client. Best organizations adopt a market-situated strategy. Cultural Marketing Concept As indicated by Kotler (2013), Social Marketing is the structure, usage, and control of projects looking to expand the agreeableness of a social thought or practice in an objective gathering. Advantages of Marketing Orientation for MIC Appreciation The advancement of the business can get the gratefulness and consideration of the focused on understudies and guardians over a wide running or explicit market. Benefits From the market procedure, the association can get numerous benefits by improving the attractions of guardians and understudies during promoting yield impacts. Flexibility Because of understudies administration or understudies issue focus and understudies input framework, the association can realize what's going on, emotions, needing are and what they need to change a few administrations of the school, for example, rules and educating techniques. Expenses of Marketing Orientation for MIC Cost On the off chance that there are no impact restoring, the expense of statistical surveying for every day, and week after week or yearly can be one of the detriments of showcasing direction. Input It isn't in reality sure or exceptionally difficult to get powerful advices and inputs from the focused on understudies. Time In the event that there are any requirements to fix for the association, an excessive amount of time should be spent for conversations, gatherings, etc. References Kotler. P, (2010) what is showcasing? How 10 Experts Define It, [Online]. Accessible at http://www.skylinetradeshowtips.com/what-is-promoting how-10-specialists characterize it/> [Accessed eleventh November 2014] American Marketing Association, (2010) what is promoting? How 10 Experts Define It, [Online]. Accessible at http://www.skylinetradeshowtips.com/what-is-promoting how-10-specialists characterize it/> [Accessed eleventh November 2014] N. a, (2014) Marketing Theory. [Online]. Accessible at http://bussineesscasestudies.co.uk/bussiness-hypothesis/advertising/setting up client needs.html#axzz3lqPnaASn> [Accessed eleventh November 2014] N.a (2010) Marketing Principles of MIC, second ed., BPP Learning Media Ltd: London. Zeithaml et al, (2009) Models and speculations of consumer loyalty [Online]. Accessible at http://www.ukessays.com/articles/promoting/models-speculations of-consumer loyalty showcasing essay.php> [Accessed eleventh November 2014] Lorette. K, (2014) a Situational Analysis of a Strategic Marketing Plan. [Onlin

Books that Look Good on College Applications TKG

Books that Look Good on College Applications We love to read. We are voracious and committed to reading all sorts of books all of the time so that a) you don’t need to, and b) we can guide you on your literary journey(s). It’s our favorite work to do with students. The books that we recommend they read aim to challenge their perceptions about certain topics. And then we talk about it. That’s really our favorite part.You can approach your reading in a few ways, and we’ve written about a couple in the past: you can do a deep dive into a particular author or an area of interest. Ultimately, colleges want to see that you spend your free time actively expanding your realm of knowledge and understanding about the world around you. Yes, it makes sense for some of the books you read to relate to your area(s) of interest, but it also makes sense that your interests will expand over time to include many things.Here are some of our favorite books that we broadly recommend time and time again to students. When we work one-on-one wi th students, their book lists are much more focused and tailored to specific niches. But the following are books that, when added to your application, will still “look good.” While some of them are indeed well-known, none of these books are clichés, nor are they (to our knowledge) assigned in schools. Those are the two main qualifications for books that “look good” on college applications, but these are some of our favorites:Evicted by Matthew DesmondThe New Jim Crow by Michelle AlexanderSeveral Short Sentences About Writing by Verlyn KlinkenborgThe Vanishing Neighborhood by Marc J. Dunkelman  Slouching Towards Bethlehem by Joan DidionQuiet by Susan CainAmericanah by Chimamanda Ngozi AdichieMen We Reaped by Jesmyn WardSex Object by Jessica ValentiHungry by Roxane GayBad Feminist by Roxane GayThe Power Broker by Robert A. CaroInvisible Man by Ralph EllisonKilling Rage by bell hooks  Men Explain Things To Me by Rebecca Solnit  Daring Greatly by Brene BrownPrinciples by Ray Da lioThe Elephant in the Brain by Kevin Simler and Robin HansonThe Value of Everything by Mariana MazzucatoSteve Jobs by Walter IsaacsonZero to One by Peter ThielThe best advice we can give you is to keep reading. Once you find a book you love, see what else that author has written. And read it. Or find a book on a topic that came up in the book that fascinated you. Just keep reading. If you want us to give you some suggestions based on your area(s) of interest, just send us an email. We’d be happy to put one together for you.

Cast Away Into Maslow s Hierarchy Of Needs - 1175 Words

Cast Away into Maslow s Hierarchy of Needs In our heads, we seem to think that extreme situations are one in a million, that it is impossible those things can ever happen to us, until it does of course. Such as tornadoes, plane crashes, horrific car accidents, and so on. They turn your world upside down and your life is never the same again once you ve experienced such trauma. You realize that everything in our everyday lives is taken for granted however once those simple everyday luxuries are taken away we don t know what to do with our lives. That was how Chuck Noland felt. In the award winning film Cast Away, Chuck Noland is living the life, he has an amazing girlfriend who he plans to propose to soon, he is in a good position at work, and everything is going great. Until one day when he gets on a plane for Malaysia for work and a few hundred feet into the flight something happens, the flight mysteriously goes awry and it crashes down somewhere over the Pacific Ocean. Chuck, being the only survivor of the flight, washes up on a deserted island. The months turn into years being still deserted, he learns basic survivor skills and after many failed attempts at rescue. He finds his way back home. The only company he has at the time is a volleyball that washed ashore who he named Wilson (after its brand). This traumatic experience had an effect on his hierarchy of needs, which I will explain throughout this paper. The five different levels of Maslow s Hierarchy ofShow MoreRelatedAbraham Maslow, Was The American Psychologist Who Created2142 Words   |  9 PagesAbraham Maslow, was the American psychologist who created Maslow’s hierarchy of needs. This theory talks about the need for personal growth that is present throughout a person s life. Maslow believed that in order to reach self-actualization you had to first have all the bottom parts of the pyramid. You could not move on to self-actualization until you have fulfilled the bottom requirements. Maslow’s hierarchy of needs is based on hu man needs that has five steps and are often shown on a pyramidRead MoreStrategic Action Disney On Consumer Focused Initiative Essay3628 Words   |  15 Pagesculturally diversed employees and the implementation of â€Å"English only please† policy amongst them (Kweh, NA) France †¢ The change of Euro Disney to Paris Disneyland to make more receptive to the French community. †¢ Focused on hiring an outgoing, friendly cast and increasing training †¢ Placement of additional Disney characters throughout the park †¢ Removal of the ban of alcohol †¢ Decrease of the corporate Disney premium on admission, merchandise, hotels and food †¢ Relaxation of the company’s hierarchicalRead MoreEssay on Psychology Theories and Self-Reflection2684 Words   |  11 Pages(response) 3 PSYCHOLOGY THEORIES AND SELF-REFLECTION Cognitive Perspective â€Å"If you believe the saying Perception is everything, then you may well be a cognitivist† (Heffner, 2004). Cognitive theory focuses on thoughts as the basis for an individual‟s emotion and behaviour which in turn is the development of personality; this is one of the most influential modern approaches to psychology. â€Å"Modern cognitive psychologists study how we gather, encode, and store information using a vast array of mentalRead MoreFactors Influencing Employee Motivation6490 Words   |  26 Pagesmarketplace, many companies of all sizes and types are struggling to remain profitable and competitive, and these trends have adversely affected employee job security and employee motivation in turn. Todays employment setting is characterized by the need for specialized skills and technological expertise and employees who possess these valuable attributes are termed gold-collar workers. These valuable emp loyees can make the difference between a successful and an unsuccessful enterprise, so keepingRead MoreCompare and contrast the organization structure and culture of ASDA PLC to that of British Airlines5168 Words   |  21 Pagesengage in? Discuss the impact that different leadership style may have on motivation of ASDA’s staff in periods of changes. LO 3.2. Compare the application of different motivational theories with special reference to ASDA’s employees as Maslow’s hierarchy of needs, Vroom expectancy theories and McGregor’s theory x and y. Which theory is most applicable and why? LO 3.3. Evaluate the usefulness of a motivational theory for manager. How could a theory like Hertzberg’s motivation theory be useful and relevantRead MoreThe Legacy Of The Church Essay2518 Words   |  11 Pageshonoring a holy lifestyle as best able on Earth including prayer, service, teaching, and tithing. Yet, some of these lessons include, what not to do as a pastor or church member. When a person did not live up to these high ideals, shame was often cast her/his way. Shame stops a person and/or the organization from growing into the person/group God has called him/her/them to be. I have named shame in the church as a huge part of my faith development. Though, I love the church and have dedicatedRead MoreAn Assessment of Employee Motivation as One of the Factors Affecting Employee Job Performance a Case for Sameer Africa Limited, Nyeri Branch7794 Words   |  32 Pagesin all companies is that a motivated employee is a high producer. In today’s workplace many complex and sophisticated plans have been put in place towards this end. Some companies offer a variety of incentives and other programs to meet different needs and expectations of different personalities employed by them. All organizations are concerned with what should be done to achieve sustained high level of performance through people. This means giving close attention to how individuals can best be motivatedRead Moreconflict resolution Essay8130 Words   |  33 PagesThe Dynam ics of Conflict Resolution A Practioners Guide Bernard S. Mayer Chapter One The Nature of Conflict We all are of two minds about conflict. We say that conflict is natural, inevitable, necessary, and normal, and that the problem is not the existence of conflict but how we handle it. But we are also loath to admit that we are in the midst of conflict. Parents assure their children that the ferocious argument the parents are having is not a conflict, just a discussion. OrganizationsRead MoreLibrary Management204752 Words   |  820 PagesCongress Subject Headings: Principles and Application, Fourth Edition Lois Mai Chan Developing Library and Information Center Collections, Fifth Edition G. Edward Evans and Margaret Zarnosky Saponaro Metadata and Its Impact on Libraries Sheila S. Intner, Susan S. Lazinger, and Jean Weihs Organizing Audiovisual and Electronic Resources for Access: A Cataloging Guide, Second Edition Ingrid Hsieh-Yee Introduction to Cataloging and Classification, Tenth Edition Arlene G. Taylor LIbRaRy and InfoRMaTIonRead MoreOverview of Hrm93778 Words   |  376 Pages most of these elements will affect you at some point in your career. Either you will be working with some organizations or having people working for you, in both cases you will be dealing with people. To be understandable and lively means that we need to communicate you. We start every chapter with learning objectives. The most important thing you will get out of this course are the basic skills required to succeed in today’s environment which are, you must be able to communicate, think creatively

Freedom Of The Body Is Different From The Mind Of Life Essay

The Decision to Live Life is full of choices and every judgment is guide upon the factors and forces in person’s life. Freedom of the body is different from the freedom of the mind. Freedom of the body is physical as that of the mind psychological. The life pressures arrive and they start to fill every anxious cell in your body, you can’t consume, but you are being consumed. These life pressures cut across social, political and most importantly economic pressure. People live in life with a constant desire for money and a good life. Moreover, what were once games, cartoons, and women that a child used to know and deeply love turns to grades, money, and future. Every point of life people is faced with tough choices that concern their lives the most. Those people who make good choices celebrate their achievements while the unfortunate falls into misery but life goes on. Life will never slow down, and decisions are constantly made. I guess it starts with one question: What am I going to do with my life? What’s more important than the question is when you ask yourself the question and deeply ponder over the question to the realization of the true meaning of your life. At 19, lounging on my mother’s couch, staring blankly at the television. In deep thought, finally asking myself the question- now that am in my sunset teen, what should I do with my life?-majority of the people can only push the question away for fear of unknown, but eventually, it will overbears all and sundryShow MoreRelatedHow Success Breaks Down Into Life1678 Words   |  7 PagesPaper) How Success Breaks Down Into Life I prefer sitting at a coffee shop to do works or read a favorite book, and sometimes taking idly thoughts and wondering myself, â€Å" How does a rich person define success? Or, that, having lots of money, living in a big house, and owning all of the latest cars, fashions, and technology is the key to happiness, and hence, success ?† I believe that the definition of success is deeply personal and surely will be different for every man. I may have lived only nineteenRead MoreThe Quest For Freedom In The Story Of An Hour By Kate Chopin713 Words   |  3 PagesFreedom â€Å"Free! Body and soul free!†(paragraph 14) says Louise, a character in â€Å"The Story of an Hour† by Kate Chopin. Louise continues to repeat this phrase as she believes that her husband is now dead. She is a free woman who may now partake in whatever her heart desires. Usually when a woman becomes a widow she is filled with grief and sadness. Yet, Louise demonstrates otherwise. She is hit with a great amount of freedom rather than the common loneliness a widow experiences. In death, a person’sRead MoreThemes Of Henry David Thoreau925 Words   |  4 Pagesbeautiful world around them and take it in, it is hard not to be amazed. Nature is the world around us such as plants, animals, ocean, and mounting. Centrally, he focuses on the relationship between nature and wildness, civilization, culture and the freedom in nature. Also, he thought deeply about nature and how can affects our self when we are alone. He extremely exaggeration, he trying to hang up and woul d attract us. The author could show us the beauty of human relationship attraction and the differenceRead More2. The Search For Meaning And The Idea Of Freedom. . Frankl1357 Words   |  6 PagesIdea of Freedom Frankl supports the idea that humans are ultimately free and is the ultimate achievement for man. Even in the most terrible circumstances, a person still has the freedom to choose how they see their outcome and what kind of meaning they are going to take away from the situation. Frankl believes that there is a kind of freedom that can never be stolen from a person no matter how ruthless the situation. Frankl wrestled with the questions of where does one find the meaning of life, theRead MoreMary Wollstonecraft s A Vindication Of The Rights Of Woman1489 Words   |  6 PagesReflective Journal Mary Wollstonecraft’s A Vindication of the Rights of Woman Mary Wollstonecraft considered as a remarkable women activists and an English writer of 18th century. In her essay, she constantly compares men and women. Her comparisons range from their physical nature to their intelligence and even down to the education that each sex receives is commendable. Wollstonecraft said that, â€Å"In the government of the physical world it is observable that the female in point of strength is, in generalRead MoreTomas Kirklin. English 260. Paul Acosta. 5/9/17. Paper1522 Words   |  7 Pages5/9/17 Paper 3: Representing the body in Slavery Central to the experience to slavery is the body. Every tale, every Movie, and every story you have ever heard has concentrated on the slave and their body either with detail of how scared it is or what color and features it represents. And this is one mode of stripping a human being of their humanity, to reduce their existence to only their body and give them nothing else to look at or look forward to. Only having your body to look forward to, or onlyRead MorePlato And The Matrix Essay1463 Words   |  6 PagesIn â€Å"The Matrix† and Plato’s Phaedo and Republic questions of what makes up a whole and fulfilling life are answered. Both The Matrix and Plato provide alternate forms of reality, one that is based on truth and is fulfilling and one that is based on a false reality that offers false forms of fulfillment. The Matrix and Plato show the difference of living a life in a true reality and a â€Å"fake† reality where everything inside this reality is fake making the lives inside this reality fake. 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In the early 1960s, a movement named third-force psychology started as a reaction to the defect of behaviorism and psychoanalysis to deal fully with the human condition (Hergenhahn, 2008). ThisRead MoreThe Man Behind The Therapy Victor E. Frankl, And How It Works711 Words   |  3 Pagesstudent, Frankl was involved in Socialist youth organizations and became interested in psychiatry. At age 16 he began writing to Freud, and on one occasion sent him a short paper, which was published three years later, Frankl earned a medical degree from the University of Vienna in 1930 and was put in charge of a Vienna hospital ward for the treatment of females who had attempted suicide. When Germany seized control of Austria eight years later, the Nazis made Frankl head of the Rothschild Hospital

Living Life to Its Fullest--Andrew Marvell’s Poem, “to His...

Living Life to its Fullest â€Å"Carpe diem† is a Latin phrase that is commonly translated as â€Å"seize the day.† Many poems contain ideas that are similar to that of carpe diem. They discuss how one must cherish every moment of his or her life because life is limited and will eventually come to an end. Andrew Marvell’s poem, â€Å"To His Coy Mistress,† is an example of a carpe diem themed poem. Through the use of invigorating imagery, multiple tones, and thought-provoking metaphors Marvell develops an allegory for living every second of life to its fullest. Marvell uses visual imagery to advocate the idea that every life is limited and must come to an end. Imagery such as â€Å"My echoing song; then worms shall try† (Marvell 27) makes one†¦show more content†¦This metaphor is emphasizing the idea that if one waits to long to take action then he or she may lose the chance to act on his or her desires. Furthermore, a metaphor that r eveals the brevity of life is â€Å"Thus, though we cannot make our sun / Stand still, yet we will make it run† (Marvell 45-46). This metaphor describes how time is always moving. It is expressing the idea that one needs to make the most out of the time he or she has because time itself cannot be stopped. Marvell’s poem expresses the idea of carpe diem through the utilization of imagery, multiple tones and metaphors. He uses death as an argument for carpe diem because it causes one to realize that they should cherish the life they have now before it is too late. â€Å"To His Coy Mistress† shows that the society of Marvell’s time did not allow for people to take chances in their lives. Many people may have passed on taking certain risks in their lives, and when the time did come for their lives to end, they were filled with thoughts containing wishes of taking those risks they passed over. This poem teaches people to fully live every moment in their life and it should be read so that people can learn to live life with no regrets. Works Cited Marvell, Andrew. To His Coy Mistress. The Hudson Book of Poetry: 150 Poems worth Reading. New York: McGraw-Hill, 2002. 17-18.Show MoreRelated To His Coy Mistress by Andrew Marvell Essay877 Words   |  4 PagesTo His Coy Mistress by Andrew Marvell Andrew Marvell is considered a cavalier poet. He writes seduction poems that represent characteristics of cavalier poets through use of clever, witty, and developed lyrics. Marvells To His Coy Mistress is a seduction poem that contains these elements along with the use of rhyme, meter, imagery, and tone. Marvell creates a seduction poem that argues the desire for sexual gratification with a distinct aggressive tone. To begin with the speaker in theRead MoreEssay on The Four Periods of Literature1518 Words   |  7 Pagescommunication methods used. There are four major literary time periods, the values of each of these, and their authors will be discussed. The first time period is authors who rejoiced in the basic joys of life. The next period saw authors realizing that life is short and must be enjoyed to the fullest. The third period influenced authors to begin taking new roads and creating literature that had never before existed. The fourth and final period in the discussion, men began to realize the destructive

The Routledge Companion to Financial Accounting Theory.

Question: Discuss about the The Routledge Companion to Financial Accounting Theory. Answer: Revisiting the conceptual framework Reason for Principles-based standards requiring a conceptual framework The FASB (Financial Accounting Standards Board) and IASB (International Accounting Standards Board) holds the responsibility of establishing accounting standards for financial accounting and reporting. The FASB and IASB are sharing a common goal for developing accounting standards to be principles-based. The current accounting standards are mainly based on conventions and thus there exist a requirement of financial accounting standards to be based on fundamental accounting concepts and principles. The accounting standards of FASB and IASB are currently based on a set of rules and conventions in order to enhance accuracy and reducing ambiguity in the preparation of financial statements. On the other hand, principles-based accounting standards are based mainly on generally accepted accounting principles (GAAP) that will provide a conceptual basis for accountants in financial reporting. There is a wide debate on the current accounting standards of IASB and FASB to be based on principles based or rules-based (Camfferman and Zeff, 2015). The current objective of FASB and IASB is to develop conceptual framework for accounting that are principles-based to ensure good financial reporting. The main advantage of principles-based accounting to be used in conceptual framework is that accounting reporting guidelines are practically based to aid accountants for ensuring good reporting. The principles-based accounting standards will help in ensuring that financial statements prepared are reliable and publish consistent information to be used in decision-making. Thus, the conceptual framework of the board should be based on body of principles that guides the accounting and reporting standards (Wolk, 2008). Importance of IASB and FASB sharing a common conceptual framework IASB and FASB should share a common conceptual framework for refinement, updating, completing and converging IASB and FASB accounting standards. The conceptual framework of IASB and FASB were established in the 1970s and 1980s and therefore requires refinement and updation. The FASB and IASB are recently aiming to converge their accounting standards for overcoming the difficulties that can arise if the decisions are based on different frameworks. The convergence of accounting standards would help in establishing clear and appropriate accounting principles that helps in developing accurate financial statements (Epstein, 2009). The IASB and FASB are presently undertaking a common project for developing an improved conceptual framework that is based on common standards for removing inconsistency in financial reporting. The convergence of IASB and FASB will help in new accounting standards that are based on generally accepted accounting principles in order to enhance reliability and tran sparency of financial reporting. Also, the convergence will aid in updating the conceptual framework so that financial information presented to the stakeholders is helpful in analysing and examining the financial stability of a firm (Epstein, 2009). The IASB and FASB have initiated a joint project with the main agenda of converge their accounting standards to remove inconsistency existing in financial accounting reporting standards. The business organisations around the world would gain large benefit from convergence of IASB and FASB accounting standards as there will be less ambiguity in reporting standards to be followed while developing financial statements. The reliability of financial statements developed by businesses around the world would increase in case of following one universally accepted accounting standard. The accounting representations of business organisations around the world will be more complete, neutral and error-free. The faithful representation of the accounting information to the stakeholders would increase with the convergence of IASB and FASB accounting rules and principles (Macve, 2015). Conceptual Framework is more important to some parties than others The primary purpose of the conceptual framework is to assist the preparation and presentation of financial reports by business organisations around the world. The International Accounting Standards Board (IASB) have stated that the main purpose of the conceptual framework is to aid IASB in develop accounting standards that will be used by businesses worldwide in accounting and financial reporting. The IASB develop accounting policies from the guidelines of revised conceptual framework that helps in understanding and interpretation of financial statements prepared by businesses across the world. The revised conceptual framework also assists several parties other than IASB in providing better understanding of the accounting policies and standards (Stolowy and Lebas, 2006). The most important user of the conceptual framework is IASB as it consistently uses its concepts in developing and revisiting accounting standards. However, some parties other than IASB also gain the help of conceptual framework in developing an understanding of the accounting standards and policies. This is because conceptual framework provides a basic understanding and interpretation of the accounting policies used in developing of financial statements. For examples, auditors and regulators uses conceptual framework at the time of decision-making during reviewing the financial statements of business organisations. The IFRS committee also gains the help of conceptual framework guidelines for developing an understanding of the financial statements. Thus, it can be stated that several parties uses conceptual framework guidelines but it is more important to IASB than other parties (Mazhambe, 2014). Cross-Cutting Issue and its examples The cross-cutting issue in accounting refers to take into account uncertainty during the measurement of an asset or liability. The uncertainty arises when as asset or liability is assessed by analysing future cash flows or when future cash flows are uncertain. The conceptual framework presents the guidelines on use of cash flow information in order to provide fair value of an asset or liability during preparation of financial reports. The possible example of cross-cutting issue is measuring the unit of account. This refers whether the items should be measured in aggregation or individually. Other example of cross-cutting issue includes accounting of direct acquisition costs as an asset in insurance industry. However, the U.S. has introduced changes about the type of costs to be included as asset and that to be included as expenditure. The accounting of acquisitions costs is a major cross-cutting issue for the insurers as they incur a huge cost in acquiring and originating insurance c ontracts. Thus, there is high debate over the accounting of acquisition costs so that it can be recovered during cash flows. The most important point of discussion in accounting of acquisition costs its meeting the criteria of an asset (Camfferman and Zeff, 2015). The trend toward fair value accounting Fundamental problem with financial statements based upon historic cost measurement principle under US GAAP Historic cost in accounting refers to the value of an asset based on its initial cost at the time of its purchase. The historic cost of an asset denotes its price on the balance sheet that is entirely based on its nominal or original cost. The method of historic costing is used mainly in generally accepted accounting principles (GAAP). The historic cost method of accounting does not take into account inflated adjusted market value and only record an asset based on its initial purchase price. This method of accounting has been criticised by accountants over a period of time as it does not reflect the present market value of an asset. The main problem with financial statements that are based on historic cost measurement principle under US GAAP is that it does not depict any change in market value of an asset over a period of time. Thus, the financial statements prepared with the use of historic accounting method have a major problem of lack of relevance. The financial statements cannot predict the relevant information about the future growth and profitability of an enterprise though the use of historic cost measurement principle. The investors cannot analyse and examine the real financial condition of an enterprise through the use of historic cost accounting as the assets are valued on past values under this method. Thus, the method of historic cost accounting though being a simplistic accounting method is not very useful as the financial information depicted is not reliable for the end-users (Jones, 2015). Analysis of principle accounts must reflect economic reality as a core principle of measurement in accounting The financial reporting of business organisations must faithfully present economic reality in order to safeguard the interest of stakeholders. The introduction of a principle-based system will help in developing financial reports that truly present the economic reality of the business transactions. In this context, it is essential that financial statements should be prepared through the use of fair value accounting method rather than historic cost measurement principle. The core principle of measurement in accounting should be based on reflecting economic reality so that financial reports reflect the true financial condition of an organisation to the end-users. The auditors, investors and all the stakeholders can gain clear information about the market reality with the use of such an accounting principle. The use of principle-based accounting standards will truly represent the economics of transaction and thus help in tracking a real interpretation of economic reality. The true and faithful presentation of the economic information through financial reporting would also help in sound judgement taken by management for improving the financial condition of the organisation. Thus, the principle accounts must reflect economic reality as a core principle of measurement in accounting should be used in order to depict the real economic condition of an organisation through financial reporting (Greenberg, 2013). Measuring Economic Reality Economic reality plays a highly important role in establishing of accounting standards and practices. The IASB and FASB are presently sharing a common goal of revising the conceptual framework for updating and revisiting the accounting standards and policies. In this context, the main objective of FASB and IASB is to incorporate the use of principles-based accounting standards in conceptual framework. The establishment of principle-based accounting standards will promote faithful presentation of economic reality in accounting and financial reporting. The economic reality can be measured through the use of fair value accounting method under GAAP by the IASB and FASB (Mazhambe, 2014). The fair value method of accounting reflects the true market value of an asset and thus helps the end-users to develop an in-depth understanding of the economic condition of financial market. The fair value accounting method will provide a clear display of the actual volatility in the market and thus prov iding a better understanding of the economic transactions to the investors and auditors. The establishment of principles-based accounting standards that incorporates the use of fair value measurement principle would promote transparent disclosure of financial information to the end-users. Also, it would help in developing the confidence of investors in financial reports through the depiction of actual economic condition of an organisation and thus promoting its future growth and profitability (Jones, 2015). Reliability in Accounting Reliability in accounting refers to presentation of verified and consistent financial information to the end-users that is free from any error. The reliability principle of accounting states that financial statements should present true, reliable and relevant financial information to the stakeholders of an organisation. The principle in accounting states that only those accounting transactions should be recorded in the accounting system that can be verified completely with the objective evidence. The financial information presented through financial reporting is believed to be materially accurate if it truly represents the economic condition of an organisation. Thus, reliability in accounting usually refers to trustworthiness of the financial statements. The accounting reliability means that financial information presented to the end-users consistently provide the same financial outcomes (Maali and Jaara, 2014). The principal of reliability in accounting is mainly introduced with the objective of reduction of errors and omitting misstatements of financial information presented before the investors and creditors. In addition to this, the principle of reliability in accounting also refers that financial information presented to the end-users can be verified with objective evidence. The most common example of objective evidence includes purchase receipts, cancelled cheques and bank statements. The financial information published in financial reports must be error-free and accurate so that it serves the purpose with which it is has been developed (Maali and Jaara, 2014). Disclosure of Environmental liability Companies should record a provision in relation to environment costs of retiring an asset as per the US standard setter The business organisations operating in the U.S. are currently facing environmental legislation for minimising the environmental damage done by the companies. Business operating in the U.S. is expected to maintain environmental compliance for ensuring environment protection. In this context, the US standard setter FASB has adopted a provision in relation to environmental costs of retiring an asset for reserving environmental liabilities if its fair value can be reasonably estimated. The major difficulty faced by the businesses regarding estimating an accounting provision is recognition of environmental liabilities. The environment liabilities presents difficulty in financial reporting due to uncertainties associated with it in the nature of contingencies (Uzochukwu, et al., 2009). The difficulty in assessing a fair market value of the environment liability caused the business organisations to postpone the recognition of their environmental liability. However, later FASB has implement ed strict litigation for the business organisations to reserve for environment liabilities even in the condition of uncertainty. For example, an asbestos-contaminated factory is required to have sufficient reserves for covering the environmental damage that can occur due to asbestos. Companies have to incur huge cost for achieving environmental compliance as they have to display millions of dollars in their income statements for covering environment liabilities. Thus, companies have to estimate the provision relating to environment liabilities by taking into account adequate reserves for covering the environment damage (Wolk, 2008). Requirements for US companies to defer recognition of a liability The US companies defer their liability in relation to recognition of an environment liability by mothballing a contaminated property. The FASB has issued provisions in the year 2002 for accounting environment liabilities in relation to the retirement of an asset if its market value can be reasonably estimated. The conditional nature of estimating a fair market value of assets being retired from service has caused the businesses to defer their liability indefinitely by taking proper reserves against a contaminated property. The retirement of assets such as manufacturing facilities or parts of facilities in business organisations requires to be taken into account as environment liability. Thus, the main requirement for US companies to defer recognition of a liability is that fair value of a retiring asset should be estimated properly (Stolowy and Lebas, 2006). Impact of recognition of a liability in relation to future restoration activity on Net Profit in current and future years The recognition of an environment liability requires business organisations to take proper reserves for minimising the environmental damage that can occur in the future. Thus, as per the litigation implemented by the FASB business organisations have to incur million of dollars for restoring environmental damage that can occur with the recognition of a liability in future. Thus, net profit for the current year is negatively impacted with huge expenditure of a business corporation in deferring an environment liability. However, the business organisations after taking into account adequate reserves against an environmental liability can minimise the occurrence of a contingency condition. Thus, the future net profit is expected to increase with the implementation of proper measures for restoring environment damage in a business corporation (Wolk, 2008). Cash flow in the current and future years As discussed above, the net profit in the current year will decrease with the recognition of an environmental liability as companies have to incur high cost for maintain adequate reserves against the recognised liability. The reduction in net profit is estimated to decrease the present cash flow position of the current year. On the other hand, future cash flows is expected to increase with the rise in net profit in future years. Importance of companies recognising environment liability and extent of disclosure being liability sufficient The environment legislation has proliferated at the federal, state and local levels with the increase of environment damage caused by business operations. Businesses worldwide now have to obtain environmental compliance for ensuring environment protection by their operational activities. The companies must recognise their environment liability for addressing the issues relating to environmental protection and thus protecting it from any damage that can occur due to release of hazardous substances into the environment (Rogers, 2005). The recognition of an environmental liability is important so that companies can take into account adequate reserves for covering the environmental damage. It is important for companies to identify environment liability for minimising the occurrence of a future contingency that can negatively impact its sustainability and growth (Uzochukwu, et al., 2009). The recognition of environment liability will also help business companies to take into consideration the environment hazards associated with its operational activities. Thus, the business companies can take measures in advance that will help in missing the chances of occurrence of environmental hazards and thus ensuring environment protection. The proper accounting of environment liability also help business companies to promote their goodwill in the international market and thus increasing brand awareness. The recognition of an environment liability is not easy due to unknown damage associated with it. The business companies should therefore maintain proper financial reserves for environment liabilities so that environment hazards can be prevented from the occurrence. The FASB has also implemented litigation that business companies should follow in order to safeguard environment protection from their operational activities. In addition to this, the business organisations should als o comply with the environmental laws and regulations in order to safeguard from any environment damage. 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