The United States Of America - 2230 Words

Zachary Brown [United States History I] [Stephanie Litz] [22 June 2016] SLAVERY IN THE UNITED STATES OF AMERICA SLAVERY IN THE UNITED STATES OF AMERICA: AN INTRODUCTION Slavery in the United States of America has a long history. The legal institution of human chattel slavery in the country has long been part of its society. In fact, its existence can be traced in the eighteenth and nineteenth centuries after the country gained independence from its colonial masters and prior to the end of the American Civil War (Sublette and Sublette 180). Apparently, the existence of slavery during this particular period is highly attributed to the fact that the same has been practiced in British North America, having been declared legal in all thirteen colonies thereof at the time of the Declaration of Independence. Slavery in the United States of America is commonly associated with African Americans. It is worth noting, however, that slavery in the country has not always been limited to the African Americans. Rather, slavery as an institution first began amongst the Native Americans (the Indians) who reside d in the country prior to its colonization (Sublette and Sublette 180). During the American Revolution, slavery was formally institutionalized. At this point, the slaves have been institutionalized as a racial caste that was highly with the African ancestry. It is also in this regard that colored people are considered second-class citizens in the country (Sublette and Sublette 180).Show MoreRelatedThe United States Of America1536 Words   |  7 PagesThe United States of America is well known throughout the world for tis democracy ant the freedoms of its citizens. Since declaring its Independence from Great Britain rule in 1776, the United States of America has undergone a continuous effort to maintain law and order. In order to create a strong federal government with a system of check and balances the Constitution was proposed and ratified. The Constitution of the United States became the Supreme law of the land. (The Constitution) We theRead MoreThe United States Of America1317 Words   |  6 PagesThe united states of america has been in many world affairs since its creation. One of the earliest international events that can be attributed to having direct links with the Great Depression was the Manchurian Crisis of 1931. War had broken out between China and Japan, who had both suffered due to the counter measures and high tariffs set by America and Europe to combat the Great Depression. Japanese army officers in Manchuria manufactured an incident, took over the province and on their own createdRead MoreThe United States Of America995 Words   |  4 PagesThe United States of America has always been known as the home of â€Å"The American Dream†. This consists of the nice house with the family, the dog and the white picket fence. Lately, however, the country has been losing this dream. Lately the corruption of the United States of America has taken over this dream that led so many to want to make a home in the country. Politics has become a contes t of money and power. Money has come to equal power, and it shown through all elections. The Federal ElectionRead MoreThe United States Of America1551 Words   |  7 Pages The United States of America: the place that praises the â€Å" American Dream† that countless people try following but never really succeed in accomplishing because of systemic racism. It’s easy to tell people to pull themselves up by their bootstraps, but what if they don’t even have bootstraps to begin with? The American Dream is a sugar coated lie. After hundreds of years of colonization, mass genocide, racism, white supremacy†¦ It is deceptive to tell minorities that they can be as successful asRead MoreThe United States Of America1244 Words   |  5 PagesFrom Northern Pakistan to The United States of America, The Exchange Student Probably to everybody’s shock, nobody could have imagined how poorly executed the 45th’s President Executive Order shortly after it was established. Any person, who is from one of the seven designated Muslim countries in the Middle East, are not allowed the right of entry into the United States of America. People like Syrian Refuges are ban indefinitely until the 46th POTUS reverses that order, who are seeking nothing butRead MoreThe United States Of America Essay1694 Words   |  7 PagesA crash in america may be coming a lot sooner than many people think. The United States of America is facing problems a lot of people are either unaware of or just dont think its a big deal. Most of america think that our economy and government is in alright financial shape, That may not be the case though. America is in bad shape and it seems to be going down hill. America is declining in world power as well and this is just another factor leading to a crash in the future. Other nati ons are growingRead MoreThe United States Of America1674 Words   |  7 PagesThe United States of America is the world largest single economy with a lot of trade activities with other nations. The country has traded with other nations for centuries hence it is an important economic partner (Jensen, Quinn Weymouth, 2015). The country normally has a lot of influence in the world trade since it serves almost all the nations worldwide. In fact, most of the trade policies that affect the whole world have been proposed by the United States of America. Moreover, the country isRead MoreThe United States Of America1354 Words   |  6 Pages The United States of America was sought out by immigrants as a place of freedom and refuge. Throughout America s short history, people from all over the world looked to America as a land of opportunity. Immigrants from Eastern European countries such as Poland, Lithuania, and Hungary poured into the United States in the mid 19th century. The large am ount of immigration from Eastern European countries to the United States between 1919 and 1924 was due not only to the opportunities of work and freedomRead MoreThe United States Of America938 Words   |  4 PagesThe United States of America is one of, if not the most developed nation in the world as of 2014. America is well-known for its freedom and opportunity it offers, which is why many individuals sought out for it. But I am not going to write about America’s many achievements and prestigious comforts. I would like to address the current situation that has been haunting America for quite some time now. In the last century, technology all around the world has undergone dramatic changes, whether it isRead MoreThe United States Of America1340 Words   |  6 PagesThe journey of how the United States of America became the United States of America is a very complex one. With America declaring separation from the Great English Empire, to the organization of becoming a free, sovereign nation and lastly, the migration and colonization of the now, western United States, including the great state of Nevada, has many components. The Declaration of Independence initiated the process of becoming a country of its own. This Document pushed the separation from England The United States Of America - 2230 Words United States of America United States is one of the countries with the greatest diversity in the world, from its geography to the demographic composition; It is impossible to speak of a unique feature in this scenario geographic, racial, ethnic and cultural wealth. The influx of immigrants, who come from the most remote regions of the planet or the neighboring nations has been continuous and constant for 150 years . For example, in 2013 they lived around 41.3 million immigrants in the United States, which accounted for 13% of the total population. Taking into account the children of immigrants born in the United States - the so - called second - generation immigrants the figure reaches 80 million, or what is the same, a quarter of the 316 million people living in the country. United States film industry development through the history The beginnings The first public screening of a film in the United States took place in 1896 in New York. The projector was developed by inventor Thomas Alva Edison, whose company was also the producer of the short films. Fatherhood American fiction cinema is often attributed to Edwin S. Porter, who in 1903 used an innovative technique mount 8 - minute film Assault and robbery of a train by which different fragments from different shots of the same film was together to form a narrative whole. This work became film in a very popular art form, and led to nationwide screening rooms appear small, so -called nickelodeones. David Wark Griffith, aShow MoreRelatedThe United States Of America1536 Words   |  7 PagesThe United States of America is well known throughout the world for tis democracy ant the freedoms of its citizens. Since declaring its Independence from Great Britain rule in 1776, the United States of America has undergone a continuous effort to maintain law and order. In order to create a strong federal government with a system of check and balances the Constitution was proposed and ratified. The Constitution of the United States became the Supreme law of the land. (The Constitution) We theRead MoreThe United States Of America1317 Words   |  6 PagesThe united states of america has been in many world affairs since its creation. One of the earliest international events that can be attributed to having direct links with the Great Depression was the Manchurian Crisis of 1931. War had broken out between China and Japan, who had both suffered due to the counter measures and high tariffs set by America and Europe to combat the Great Depression. Japanese army officers in Manchuria manufactured an incident, took over the province and on their own createdRead MoreThe United States Of America995 Words   |  4 PagesThe United States of America has always been known as the home of â€Å"The American Dream†. This consists of the nice house with the family, the dog and the white picket fence. Lately, however, the country has been losing this dream. Lately the corruption of the United States of America has taken over this dream that led so many to want to make a home in the country. Politics has become a contest of money and power. Money has come to equal power, and it shown through all elections. The Federal ElectionRead MoreThe United States Of America1551 Words   |  7 Pages The United States of America: the place that praises the â€Å" American Dream† that countless people try following but never really succeed in accomplishing because of systemic racis m. It’s easy to tell people to pull themselves up by their bootstraps, but what if they don’t even have bootstraps to begin with? The American Dream is a sugar coated lie. After hundreds of years of colonization, mass genocide, racism, white supremacy†¦ It is deceptive to tell minorities that they can be as successful asRead MoreThe United States Of America1244 Words   |  5 PagesFrom Northern Pakistan to The United States of America, The Exchange Student Probably to everybody’s shock, nobody could have imagined how poorly executed the 45th’s President Executive Order shortly after it was established. Any person, who is from one of the seven designated Muslim countries in the Middle East, are not allowed the right of entry into the United States of America. People like Syrian Refuges are ban indefinitely until the 46th POTUS reverses that order, who are seeking nothing butRead MoreThe United States Of America Essay1694 Words   |  7 PagesA crash in america may be coming a lot sooner than many people think. The United States of America is facing problems a lot of people are either unaware of or just dont think its a big deal. Most of america think that our economy and government is in alright financial shape, That may not be the case though. America is in bad shape and it seems to be going down hill. America is declining in world power as well and this is just another factor leading to a crash in the future. Other nati ons are growingRead MoreThe United States Of America1674 Words   |  7 PagesThe United States of America is the world largest single economy with a lot of trade activities with other nations. The country has traded with other nations for centuries hence it is an important economic partner (Jensen, Quinn Weymouth, 2015). The country normally has a lot of influence in the world trade since it serves almost all the nations worldwide. In fact, most of the trade policies that affect the whole world have been proposed by the United States of America. Moreover, the country isRead MoreThe United States Of America1354 Words   |  6 Pages The United States of America was sought out by immigrants as a place of freedom and refuge. Throughout America s short history, people from all over the world looked to America as a land of opportunity. Immigrants from Eastern European countries such as Poland, Lithuania, and Hungary poured into the United States in the mid 19th century. The large am ount of immigration from Eastern European countries to the United States between 1919 and 1924 was due not only to the opportunities of work and freedomRead MoreThe United States Of America938 Words   |  4 PagesThe United States of America is one of, if not the most developed nation in the world as of 2014. America is well-known for its freedom and opportunity it offers, which is why many individuals sought out for it. But I am not going to write about America’s many achievements and prestigious comforts. I would like to address the current situation that has been haunting America for quite some time now. In the last century, technology all around the world has undergone dramatic changes, whether it isRead MoreThe United States Of America1340 Words   |  6 PagesThe journey of how the United States of America became the United States of America is a very complex one. With America declaring separation from the Great English Empire, to the organization of becoming a free, sovereign nation and lastly, the migration and colonization of the now, western United States, including the great state of Nevada, has many components. The Declaration of Independence initiated the process of becoming a country of its own. This Document pushed the separation from England

Health Care Reform Research Proposal Free Essays

Bailey 1 UNIV 4995 Senior Project Research Proposal September 23, 2010 Health Care Reform Benefits Everyone It feels good to be able to make a doctor’s appointment and get health screens or prescriptions as needed without the hassle of being rejected because lack of health insurance. I, unlike millions, am employed full time by a major company that has this option. A very close friend of mine, who is paralyzed from the waist down had been covered by his mother’s health insurance through her employer for many years. We will write a custom essay sample on Health Care Reform Research Proposal or any similar topic only for you Order Now Last year, she came of retirement age and the insurance company informed them that Jimmy will no longer be covered and need to seek other options. Until President Obama’s Health Care Reform Bill, Jimmy was denied coverage numerous times because of his â€Å"pre-existing conditions. † How could a country so rich, deny a person who needs medical insurance? We needed a change and this Bill was indeed the answer. The Health Care Reform Bill is much needed and relevant to society because it will extend health care to those with pre-existing conditions like those of Jimmy’s’. It will also extend coverage to seniors and make prescriptions more available to them. The Bill will also increase the age of coverage to young adults who are currently on their parents’ policies. There are much of Americas population who are uninformed or just do not approve of the Health Care Bill. Many may question the tax increase on citizens for Medicare or have questions Bailey 2 regarding the countries’ deficit. Some may ask, â€Å"Why is it fair to pay extra for people who smoke or people who are unhealthy? † And finally, many republicans, rich or wealthy Americans object this bill mostly because they feel they are taxed the hardest and are punished for being wealthy. With support for research, I will address all of these issues. With charts and data from the US Bureau of Statistics, I will retrieve information that will back facts that the Health Care Reform Bill will benefit our country more than it will hurt it. I will research articles and interviews from politicians and regular American citizens (wealthy, middle, and poor) to prove we are on the right track. Our country needs our support. I plan to visit local libraries to obtain reference information to give a more in-depth analysis on changes the bill has brought about. With the proper support, I can identify facts that the Pro’s definitely outweigh the Con’s. I am writing to all the Americans who do not support this bill and to Americans who are not informed of how important it is. I want to shed light on this subject and hopefully answer questions of people who are sketchy about politics in general. The burning question remains â€Å"How will the Health Care Reform Bill affect me? † My goal in this paper is to answer questions and inform â€Å"the people† that this bill will benefit us all and should be supported. How to cite Health Care Reform Research Proposal, Essays

Political Nature of Accounting Standard - MyAssignmenthelp.com

Question: Discuss about the Political Nature of Accounting Standard. Answer: Introduction The business corporations need to develop and disclose all the relevant financial and non-financial information to the end-users for promoting transparency in the business operations. The development and preparation of financial reports by a business corporation require the adoption of specific accounting policies and procedures as directed by the IASB (International Accounting Standards Board). The accounting policies and procedures are developed by the IASB on the basis of various accounting theories such as normative and positive theory of accounting. The accounting theories has lead to the development of a conceptual accounting framework that has stated the four basis qualitative characteristics to be possesses by financial information (Marley and Pedersen, 2015). These qualitative characteristics are relevancy, reliability, comparability and understandability that are required to be possessed by financial information for meeting the needs and expectations of the end-users. The a ccounting policies help the businesses to develop a specific accounting strategy for developing high-quality financial reports. In this context, the present report is aimed at analyzing and examining the specific accounting policies and estimates of an ASX listed firm, that is, Wesfarmers limited. The compliance the financial reports of the company as per the standard accounting policies is evaluated in the report along with the comparison of its accounting strategy with its rival companies, that is, Woolworths Limited. Identify Key Accounting Policies The accounting policies adopted by Wesfarmers in development of its financial reports are in accordance with the Corporations Act 2001 and Australian Accounting Standards Board (AASB). The financial statements of the company are developed as per the historical cost basis except for investment held by associates, financial instruments and available for sale investment that are measured at the fair value. The financial figures in the general purpose financial statements are presented in Australian dollar by rounding off to their nearest million values. The company develops its general purpose financial statements as per the principle of consolidation according to Companies Act (Wolk, Dodd and Rozycki, 2012). The principle of consolidation requires all business entities to integrate the financial information of all their subsidiaries as a single economic entity. The acquisition of subsidiaries is accounted through the use of acquisition method of accounting that involves identifying and measuring the fair value of assets, liabilities and non-controlling interest at the date of acquisition. The company has also adopted significant accounting policies as per the AASB rules for monitoring and controlling the risk involved in its business operations. For example, the company have adopted AASB 7 standard for controlling the risk exposure relating to the financial transactions involving transferring of assets (Wesfarmers: Annual Report, 2016). The risk management policy of the company is actively involved in managing and controlling the risk related to market exposure, foreign exchange, credit rating and liquidity risk. The company manages the liquidity risk through introducing flexibility in its capital structure by forecasting the ratio of debt and equity (Kenny, 2009). The company manages the market risk exposure through the use of sensitivity analysis that helps it in predicting the movements of foreign currencies. The company also uses hedging for addressing the foreign currency risk and therefore minimizing its foreign currency risks (Wesfarmers: Annual Report, 2016). Assess Accounting Flexibility The accounting mangers have authority to introduce some specific changes in the standard accounting policies and procedures for achieving certain corporate objectives and goals. The fact can be supported from the findings of positive theory of accounting which states that accounting managers selects the specific accounting policies that helps in maximizing the value of firm. As per the theory, the accounting methods selected by a firm should reflect its best financial performance and as such some discretion is provided to the management for introducing flexibility in the accounting framework. Thus, the accounting regulations implemented by IASB should not eliminate the managerial flexibility and there should be left considerable scope for accounting managers to influence the financial statements. As such, it can be inferred from the analysis of financial reports of Wesfarmers, that the mangers have adopted certain judgments and estimates in the standard accounting policies. For example, the carrying value of assets and liabilities are estimated on the basis of future situations that can impact the materiality of the financial statements in the future reporting period of the company. In addition to this, the recoverable amount of non-current assets during impairment testing is esteemed on the basis of the future cash inflows of assets. The useful lives of the fixed assets of the company such as property, plant and equipment are estimated through the application of judgment of management in support with the internal consultation obtained from experts. Also, the net realizable value of inventories is estimated by the management on the basis their sales price in the normal course of business. Therefore, the estimates and judgments made by the management during the adoption of spe cific accounting policies may pose a materialistic risk in the financial statements developed by the company. However, the flexibility provided to the management should not distort the financial performance of the company for maximizing the personal benefits of the managers but should be only done for achieving the corporate goals and objectives (Wesfarmers: Annual Report, 2016). Evaluate Accounting Strategy The accounting strategy is developed on the basis of specific accounting policies implemented by a firm for the preparation of its general purpose financial statements. The accounting strategies are developed on the basis of corporate mission and values in order to develop the financial performance of a company as per its strategic goals and objectives. The Wesfarmers accounting policies are developed as per the industry norms in order to attain a competitive edge over the competitors. The Wesfarmers Limited is a supermarket giant of Australia and therefore need to implement competitive accounting strategies for outperforming the competitors. The main competitor of the company in Australian retail market is Woolworths Limited. Both the companies develop their financial reports as per the Corporations Act and AASB standards. However, there exist some significant difference between the accounting policies and procedures adopted by the both the companies. The carrying value of assets an d liabilities in Wesfarmers are estimated on the basis of future vents but it incorporates the use of hedging for estimating the fair value of assets and liabilities (Wesfarmers: Annual Report, 2016). The Woolworths Limited, on the other hand, does not implement the use of hedge accounting for recognizing the estimated carrying value of assets and liabilities for the next reporting period. The capital structure maintained by Wesfarmers can also be regarded to be better as compared to Woolworths (Woolworths: Annual Report, 2016). This is because Wesfarmers have maintained a higher level of equity as compared to debt in its capital structure while Woolworths have a high level of debt liabilities in comparison to equity. Thus, it can be said that Wesfarmers possess good investment quality as compared to Woolworths because it does not have higher financial obligations and therefore there is less risk for the investors. The Wesfarmers have also maintained a simple income statement as compared to Woolworths that possess complex structure. The income statement of Woolworths is rather complex that makes it difficult to be understood by the end-users with numerous sub-sections. However, bo th the companies are showing positive financial performance with the increase in dividends provided to the shareholders. The growth strategy pursued by both the companies is significantly different from each other with Wesfarmers increasing its cash flows by selling the asset base. On the contrary, Woolworths Limited is increasing its cash flows through investing in new ventures. Thus, it can be said that management of Wesfarmers have introduced flexibility in the accounting policies to maintain a competitive edge over its industry peers (Sheridan, 2016). In addition to this, the management also exercises discretion in disclosing the information related to incentives facing managers. The Wesfarmers Limited have adopted a remuneration committee in order to provide recommendations to the Board in deciding over the matters the remuneration structure to be adopted for its key management personnel. The incentive schemes of the company are based on achievement of certain performance targets. The company provides annual incentives to its KMP on the basis of achievement of strategic objectives whereas the long-term incentives are provided on the basis of maximizing the shareholder value. Therefore, the management has adopted the specific incentive policies that are in accordance with its corporate goals and objectives. The management holds discretion in deciding the incentive policy but has maintained that the incentive schemes does not lead to occurrence of nay fraudulent activities such as manipulation of financial information by the KMP fo r maximizing their incentives (Albrecht, 2010). The management has aligned the incentives received by the KMP with the performance targets to avoid the occurrence of any fraudulent activities in order to maximize personal gains by the KMP. The change in the accounting policies are carried out by the management for achieving certain accounting objectives. For example, the change in the accounting policies related to measurement of its financial instruments, managing incentive plans of managers and norms for attaining competitive advantage are carried out by the management as per the business operations of the company (Wesfarmers: Annual Report, 2016). Analysis of the disclosures made by the selected company On the basis of the review of the notes to accounts below the financial statements of the company it can be said that disclosures provided are reliable, relevant, comparable and understandable. So it can be said that disclosures made by the company meets the requirements of the accounting standards and shareholders of the company (Mintz, 2013). The financial and non financial information provided in the notes to accounts have been included as per the defined accounting policies taken by the company to draft the financial statements. It has been seen that there have not any footnotes under financial statements that will guide the accounting standards used to prepare the financial statements (Henderson et al., 2015). As the footnotes have not been provided under the financial statements, there has been violation of understandable principle of conceptual accounting framework. As per the understandable principle of the conceptual framework, annual report must be prepared in such a way th at it can be easily understood by the users of the annual report. Footnotes help the users to check which accounting standard has been used to calculate the value of different items in the financial statements. For example, IAS 16 or AASB 116 has been used to calculate the value of property, plant and equipment (Gray and Manson, 2007). The notes to financial statements are detailed information on how each accounting standards has been implements by the company and there are specific guidelines described under Generally Accepted Accounting Principles (GAAP) to prepare each notes to accounts. GAAP contains the defined set of accounting principles that need to be followed by the business entities for preparation of the financial statements and notes to financial statements (Bragg, 2010). The current performance of the Wesfarmers is very strong and notes to accounts have explained the performance of the company in the same manner as the financial statements of the company. For example, income earned from various CGUs of the company are combined and shown under the notes to accounts in very proper way so that it can be easily identified which unit has contributed more as compare to other. Notes to accounts are such that they must provide the real financial performance of the company. Any information has been missed in t he financial statements than it must be included in notes to accounts so that each and every financial data can be included in annual report (Wesfarmers: Annual Report, 2016). Wesfarmers has used the Australian GAAP to prepare the financial statements and notes to accounts. Australian GAAPs have been drafted after considering the IAS accounting standards. The IAS accounting standards have been drafted by the international accounting body and they are defined in such manner that requirement of each class of companies can be fulfilled together with the requirement of the users of the annual report. So it can be said that GAAP reflects the perfect pictures of the financial statement and also provide the base for the company where they can show financial data that are regarded as the key measures to success (Horngren et al., 2012). Also it must be noted that no rules is so perfect that there cant be any error. The Australian GAAP has although drafted from the IAS standards but there are some issues that need to be considered for revision (Wesfarmers: Annual Report, 2016). Every company has to disclose the information regarding their operating segments as profits from each segments has to be reviewed for analysis purpose. In case any operating segment is providing loss regularly than proper steps can be taken to reform the operating segment or close it down to shift the assets to the operating segment that is giving enough revenue. In the annual report of the Wesfarmers, there has been proper disclosure of the financial data from the operating segments. All these disclosures are made as according to the AASB standards (Wesfarmers: Annual Report, 2016). The major operating segments of the Wesfarmers are retail, department stores, industries and other operating segments. Retail operating segment is presented as the Coles and it is biggest unit in the Wesfarmers. There is sufficient disclosure regarding the operating segment like revenue earned through each operating segment and profit made after expenses incurred in respective segments. Complete financia l analysis can be conducted through financial information provided in the annual report (Wesfarmers: Annual Report, 2016). Potential Red flags in the annual report Although there have sufficient discourses in the annual report of the Wesfarmers but still some issues may pertain while preparing the annual report. This part of the assignment will define various issues that are included in the annual report and can be regarded as the potential red flag. While preparing the annual report various accounting judgments and assumptions have been taken that has impacted the material characteristics of the financial data (Mumba, 2013). The assumptions and judgments have been taken in the annual report that requires the need to provide sufficient disclosures regarding each financial item. It has been reviewed from the annual report that accounting transactions involved in the financial instruments have impacted the profitability of the company a lot. There has been increase in inventory a lot which is not satisfied with the small increase in the sales value. It can be judge from the income statement and the balance of the company (Bamberg and Spremann, 20 12). So there is requirement to provide how the inventory has increased a lot in the notes to accounts. Reasons must be sufficient enough to clarify why such increment has been done (Wesfarmers: Annual Report, 2016). It has been seen that there was unusual increase in net income as compare to cash flows from the operating activity because most of the sales are done on the basis of credit sales and there was enough balance available in accounts receivables (Horngren et al., 2012). In order to finance the operations company mainly dependent on the current assets and retained earnings left over in previous years. So it can be said that company has not used RD partnerships, SPEs or the sale of receivables to finance the operations. There has been no large assets write offs by the company that has impacted the value of fixed assets (Hussey and Ong, 2017). There are some adjustments related to the tax adjustments in the last fourth quarter of the annual reporting period. Auditor has provided the qualified reports with no changes to the annual report. There many related party transactions and it has been clearly provided under notes to accounts (Wesfarmers: Annual Report, 2016). Compliant with the Conceptual Framework The analysis of Wesfarmers annual report has revealed that it has effectively complied with the conceptual accounting framework principles in development of its financial reports. The normative theory of accounting has argued that financial information should possess the qualitative characteristic of relevancy, reliability and comparability in order to meet the objective of financial reporting. The normative theory of accounting has lead to the development of conceptual accounting framework to provide guidance to the business in developing high-quality financial reports that possess all the qualitative characteristics. However, the accounting policies and estimates used by the company are significantly influenced by the accounting standard-setting environment (Hoffman, 2016). The accounting policies developed by accounting board of various countries are in accordance with the political environment. There is significant different between the accounting policies of the board of various countries due to political context. The country-specific issues such as tax structure may impact the accounting procedures of Wesfarmers while it operates in different foreign countries. For example, Wesfarmers have made voluntary disclosures regarding the policies adopted by it for disclosing the tax structure. The company has voluntarily adopted a tax transparency code to decide over the matters relating to its tax structure (Wesfarmers: Annual Report, 2016). This is done by the company to comply with the conceptual accounting framework principles while operating in different countries. The company is making voluntarily disclosures for achieving its corporate goals and objectives of diversifying its business operations in different geographical units (Mirza, and Ankarath, 2012). Conclusion Thus, it can be said from the overall discussion that accounting policies and strategies plays a significant role in developing quality financial reports. The businesses should adopt the specific accounting policies that are in accordance with conceptual accounting framework principles in order to meet the needs and requirements of end-users. The analysis of accounting policies of Wesfarmers has indicated that the company has maintained high-quality in its financial reports by disclosing all the relevant information as per the conceptual accounting framework principles. The management of the company has also incorporated some discretion while deciding over the matters related to incentive policies and competitive policies. The flexibility in the accounting framework is required by businesses to achieve their strategic goals and objectives. However, the Board of Directors must ensure that the discretion power provided to the management should not distort the financial performance in a ny way. References Albrecht, D. 2010. Economic Consequences and the Political Nature of Accounting Standard Setting. [Online]. Available at: https://profalbrecht.wordpress.com/2010/01/06/economic-consequences-and-the-political-nature-of-accounting-standard-setting/ [Accessed on: 25 September, 2017]. Bamberg, G. and Spremann, K. 2012. Agency Theory, Information, and Incentives. Springer Science Business Media. Bragg, S. 2010. Wiley GAAP: Interpretation and Application of Generally Accepted Accounting Principles 2011. John Wiley Sons. Gray, I. and Manson, S. 2007. The Audit Process: Principles, Practice and Cases. Cengage Learning EMEA. Henderson, S. et al. 2015. Issues in Financial Accounting. Pearson Higher Education AU. Hoffman, C.W. 2016. Revising the Conceptual Framework of the International Standards: IASB Proposals Met with Support and Skepticism. World Journal of Business and Management 2 (1), pp. 1-32. Horngren, C. et al. 2012. Financial Accounting. Pearson Higher Education AU. Hussey, R. and Ong, A. 2017. Corporate Financial Reporting. Springer. Kenny, G. 2009. Diversification Strategy: How to Grow a Business by Diversifying Successfully. Kogan Page Publishers. Knight, J. 2004. Internationalization Remodeled: Definition, Approaches, and Rationales. Journal of Studies in International Education 8 (5), pp. 5-29. Marley, S. and Pedersen, J. 2015. Accounting for Business: An Introduction. ed, 2. Pearson Higher Education AU. Mintz, S. 2013. Accounting for the Public Interest: Perspectives on Accountability, Professionalism and Role in Society. Springer Science Business Media. Mirza, A. and Ankarath, N. 2012. Wiley International Trends in Financial Reporting under IFRS: Including Comparisons with US GAAP, China GAAP, and India Accounting Standards. John Wiley Sons. Mumba, C. 2013. Understanding Accounting and Finance: Theory and Practice. USA: Trafford Publishing. Pietra, R., McLeay, S and Ronen, J. 2013. Accounting and Regulation: New Insights on Governance, Markets and Institutions. Springer Science Business Media. Sheridan, T. 2016. Managerial Fraud: Executive Impression Management, Beyond Red Flags. Routledge. Wesfarmers: Annual Report. 2015. [Online]. Available at: https://www.wesfarmers.com.au/docs/default-source/reports/2015-annual-report.pdf?sfvrsn=4 [Accessed on: 26 September, 2017]. Wesfarmers: Annual Report. 2016. [Online]. Available at: https://www.wesfarmers.com.au/docs/default-source/reports/2016-annual-report.pdf?sfvrsn=4 [Accessed on: 26 September, 2017]. Wolk, H., Dodd, J. and Rozycki. J. 2012. Accounting Theory: Conceptual Issues in a Political and Economic Environment. SAGE. Woolworths: Annual Report. 2016. [Online]. Available at: https://www.woolworthsholdings.co.za/downloads/2016/WHL-Integrated-Report-2016.pdf [Accessed on: 26 September, 2017].

Scapegoat Theory of Prejudice Essay Example

Scapegoat Theory of Prejudice Paper A theory refers to a set of beliefs or perceptions that people have over certain issues and they have either been proved or not. There are many theories that many philosophers and psychologists have come up with and among them are those that relate to prejudice. Prejudice is an irrational and rigid term that is used to categorize those people who are termed as rigid and irrational. There are terms that are associated with prejudice and they are include a stereotype-which is a belief of a group of people, prejudice-are negative prejudgments of a group and its individual members, discrimination-means a negative behaviour which is directed to a particular member of a group due to the perception of a negative behaviour he or she exhibits. From these definitions stereotypes can be positive or negative, accurate or inaccurate while prejudice is normally in a negative direction only. Discrimination however is the behaviour that an individual portrays in one of these conditions. Prejudices are therefore prejudgments about individuals and can either be negative or positive. Prejudice can be measured by looking at an individual’s behaviour or assessing an individual and coming up with a report. The theories that are related to prejudice include the cultural theory, the conflict theory, the scapegoat theory and the authoritarian personality theory. The scapegoat theory is a theory that suggests that people who are frustrated are driven to prejudice. We will write a custom essay sample on Scapegoat Theory of Prejudice specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Scapegoat Theory of Prejudice specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Scapegoat Theory of Prejudice specifically for you FOR ONLY $16.38 $13.9/page Hire Writer This theory has a strong perception that prejudice is more common among people who are more disadvantaged in the society, in essence this theory indicates that a scapegoat is a person or a group of people who have less influence in the society and are always complaining because of their own troubles. The term scapegoat obtained its meaning from the ‘scapegoat’ which is a goat that was used for ceremonial purposes in Jerusalem and other religious centers. The goat was driven off to the wilderness and sacrificed so that its blood could be used to cleanse. More often, because of the innocence of the scapegoat i. e. the individual whose character is driven by prejudice, he is punished and blamed because of others wrong doings. When a problem occurs to a normal human being he likes to blame others. The scapegoats normally take aggressions of other people, who are often regarded as bullies because they use their power to outdo those who cannot resist. A character of an individual is often shaped by scapegoatism because once an individual has been termed as a scapegoat; it can be difficult to shake off the title away from him. The origin of the word scapegoatism has a connection with Christianity; the original usage of the term therefore gave the word the current meaning and usage that is attributed to the term today. There are several fields that the theory of scapegoatism can be applied today and it includes Christianity, sports, psychoanalytic theory and sociological/ political orientations. In Christianity the theory of scapegoat is very relevant because it signifies the taking away of the human kind sins by Jesus Christ on the Cross. The story is told in the bible in the book of Leviticus where Christ is symbolized as a goat taken to wilderness outside the city and killed so that its blood can be used to appease the clan that had sinned. Scapegoat’s theory according to Girard states man as having a problem with violence. The constant want for more by an individual often makes an individual to cause conflict in the society because of lack. This scenario is caused because both parties between individuals can involve themselves in a conflict that is meant to make them satisfy their needs. This issue, as it grows in the society causes the individuals to indulge in scapegoatism mechanism, i. e. the point when an individual is sidelined in the society because of the trouble that he has caused in the society. The punishment often involves killing or expelling the individual from the society. When the scapegoat has been eliminated from the society, the balance of power and order comes back again and the cycle begins i. e. new scapegoats develop this character and the same process of expelling repeats itself. Political and social organizations utilize the use of this term majorly in situations which the individual is out at a risk of death or lack of performance. In politics, scapegoatism is a good tool for propaganda i. e. spreading wrong information about someone in the society. An example is the use of the term in the modern history of the Jews where the Nazi group singled out the Jews as the source of the German post world war one political collapse and problems in the economic and social structure. In the social setup the use of the theory of scapegoatism has undesirably effects to the minority group who are less able to defend themselves. In developed societies the use of negative use of the term to sideline the minority groups is increasingly being addressed. In sports issues the theory of scapegoatism is evident in some historic scenarios ever recorded. One case is the scapegoat of Buckner in the 1986 World Series baseball that he was the responsible for the loss of the game. In 2003 national league championships, Bartman Steven was blamed for interfering with a ball that would have been recorded as a foul in the Chicago basketball. Another case also was the loss of the 2004 ice hockey championships by the Canadian team; the blame was directed to Fleury who was the goalkeeper. There are other several cases that this theory applies in sports. Psychoanalytic theory has reservations that the feelings and reasoning of an individual can be directed to an individual in a particular situation thus making the person whom the aggression is directed to as the scapegoat. In this case the individual becomes the source of the problem and will therefore bear the consequences.

Example Business Proposal As Effort to Obtain Growth Captial †Business Paper

Example Business Proposal As Effort to Obtain Growth Captial – Business Paper Free Online Research Papers Example Business Proposal As Effort to Obtain Growth Captial Business Paper Thank you for your interest and granting me an exploratory meeting. In the meeting I was asked several questions. Below are the questions asked and a clarifying answer. It is our interest to continue forward in speaking with you in what may become a beneficial business agreement for all parties concerned. 1.Why is investing in Antique Properties a solid idea? We are a proven entity. We are the largest advertiser of historic properties on the inter net; with a national account currently worth $36,000 a year and numerous smaller accounts. We come with solid credentials, references and resumes. Probably most important, is what we are not, an idea on a piece of paper. 2. How is money made on the Internet? Money is made by impressions; click throughs, paid referrals, and the selling of merchandise, service, and information. Money is also made indirectly by name recognition i.e. Doritos’s creates a great game to play for free at their website. People of all ages play the games and Doritos get great name recognition. 3. How does Antique Properties LLC Make Money? Our expenses and revenues are proportionally tied together. We generate revenues by selling ad space to agents, agencies, corporations, and homeowners on our website. Pricing is $39.95 per listing per month, $149.95 per office, per month, unlimited listings. We have association discounts and a corporate rate, where we allow corporations to advertise their property listings for free on our website and charge them a $1.00 per referral that we forward to them. Currently we have a corporate account that will pay us up to $3000 per month for referrals. Summary of where revenues come from. 1. Ads paid per listing, per month 2. Or $1.00 per referral sent to our corporate account 3. Renewals Our immediate goals 1. Generate 3000 referrals per month 2. Additional monthly listing to create a renewal base 3. New business. 4. Publish Restoring a Treasure Magazine in April of this year. (Please see details below) We are currently exploring an additional revenue source. By the end of this month we will be testing a referral fee method of payment with a large agency in Massachusetts. We get paid if the referral we send to them buys a property through their agency or an agency they referred the business to. It does not have to be the same property they saw at our website. Example, they sell $1,000,000 in Realestate to buyers we referred to them. A 5% commission is paid=$50,000 commission. If it is all co-brokered the agency receives $25,000; antiquerealestate.com’s commission would be %25 of that figure. 4. How do we obtain our Immediate Goals? Operations? How do we get to three thousands referrals? We have already hit a milestone of over 250,000 hits per month. Hits are important because it tells us that unique visitors that show up at our website are staying and flipping through our pages, a unique visitor is someone who has not come to our website within 30 days. A. Increase unique visitors to our website and increase the number of property listings posted at our website. We average around 2000 unique visitors per month and have approximately 500 listings. We know that we can spend a fixed amount on advertising on the web and get a fixed number of individual click through/unique visitors to our website. A click through is when an individual searches the web finds our URL clicks on it and comes to our website. B. Spend 500 per month, with an average click through cost of .06 we can increase our unique visitor count to 10,000 Currently we have approximately 500 listings that produce approximately 100 referrals per month with approximately 2000 unique visitors viewing our website every 30 days. C. Increase the unique visitor count to 10,000, which in turn would increase our referral count to 500. D. Our national account has approximately 3000 listings they are uploading on our website over the next 3 months. That in turn will increase the referral count another six times to 3000. The scenario stated above creates $3000 in revenues from our national account. It would also generate additional leads to our homeowners, agent and agency accounts thus making renewals a revenue source we can count on. New business and renewals have been averaging approximately 500 per month. New business. This is just the beginning. Lets go back to the paragraph on how one makes money on the Internet. All of those options are available to us, impressions, click through, selling information†¦ We are planning to implement a resource page of contractors related to restoration fields such as architects, lenders, lawyers all of which would pay to advertise on our website resource page. Already, Lendingtree.com has contacted us as well as several attorneys who work in the tax credit business. Restoring a Treasure Magazine is designed to promote the website and to give our company a â€Å"Brick and Mortar feel to it† Potentially 1.8 million people will see or read our publication and 1% or 18,000 of our readers will visit our website. The magazine project is completed and we are selling ad space. It is a quarterly magazine with 600,000 in distribution. We have contacted by mail and phone over 500 possible advertisers across the country. That list has been narrowed to approximately 60 who have shown interest. Our goal is to go to print in April and distributed in early May. Approximate cost is $50,000 for printing and $40,000 for insertion into regional county newspapers. Potential revenues are $120,000 per issue. Operations 1. We will expand our telemarketing program to reach the real estate agents who have older properties to sell. 40hrs per month at a cost of $25 per hour will be dedicated to this effort, a $1000 expense. At a rate of one listing per hour at $40 per listing, this activity will generate $1,600 per month in revenue. We will increase this activity every month by 10 hours for the next twelve-month. This activity will be generating $6,400 per month by the end of the next twelve months. 2. Conduct targeted online marketing to increase our unique visitors to 10,000 monthly and total hits to 1,000,000+. Cost $500 per month. Revenues produced from this activity will be $3,000 per month. Based upon current proportional numbers. 10,000 unique visitors will generate 3,000 referrals to United Country, whom we are charging $1.00 per referral. It will also drive sales in our phone bank. 3. Phone Bank, for incoming cost is $1,500 per month. Revenues from this activity will be, 40 hrs per week, one sale per hour=160 sales per month at $40 per sale=$6,400 per month 4. In house sales for National Trust and ERA account will be $1,500 per month. 300 agents x 20% market penetration=60 agents listing one property at the association price of $25 per listing=$1,500 per month. We will see 10% market penetration growth every month for three months. 5. Web site development, to include; additional management reports, some misc. programming and additional web site searches. $3,000 will go to web development 6. A Resource button for related business to advertise by state, region, and nationally with the listings in the respected areas, this cost is included in the web site development cost. Revenues generated from this are undetermined at this time and have not been added on the income statement. (However, if we create 10 different categories such as lending institutions, construction companies, architects†¦etc and allow three advertisers/resources per category per state, at $10 per listing, that would generate 30 advertisers per state X $10 X 50 states=$15,000 in revenue.) 7. Referral based Commissions from test market study in Mass. The agent in MA would act as a clearinghouse for the referrals sent to him. His responsibility is to input the referral into the relocation network and distribute the referrals to the corresponding area agent involved in relocation referrals. He is also responsible for cutting the commission check to us. 8. Employment contract will include salary plus commission, bonus and health insurance. 9. Restoring a treasure magazine is a consortium of effort put forth by outsourcing to local contractors, (a list of those involved can be provided). Printing and shipping is conducted by Quebecor it is distributed through 600,000 local newspapers. 100,000 in and around the Boston, MA area, 100,000 in the Fairfield and New Haven County area, 100,000 Westchester, NY area, 100,000 in the Princeton, NJ area, 100,000 in the Philadelphia, PA area and 100,000 in the Chesapeake Bay, Maryland area. 5. What milestones need to be reached and what is the exit strategy? We are seeking a cash infusion of $150,000 at $25,000 increments at quarterly intervals for the next six quarters. The first $25,000 will be invested in January; additional quarterly investments will be contingent upon meeting the following Milestones. Although, the revenue projections stated above are realistic and based upon sound business projections, I have chosen to make the milestones based upon current business conditions. With increments in revenues also based upon conservative revenue calculations. 1. End of first 90-day period. Antique Properties LLC will have revenues of at least $3500 per month. Unique visitor count of at least 10,000. 2. End of 2nd 90-day period. Revenues of at least $5,500 per month will be reached 3. End of 3rd 90-day period. Revenues of at least $7,500 per month will be reached. 4. End of 4th 90-day period. Revenues of at least $9,500 per month will be reached. 5. End of 5th 90-day period. Revenues of at least $11,500 per month will be reached. 6. End of 6th 90-day period. Revenues of at least $13,500 per month will be reached. Exit strategy 3, four years from now, based upon the above stated milestones with similar growth over an additional 12 quarters would put revenues at approximately $34,000 per month. Minus out a supposed expense figured of $10,000 per month. 12 X $24,000= approximately $300,000 in annual profits. Using a basic valuation technique of five times profits = a company value of $1.5 million. Research Papers on Example Business Proposal As Effort to Obtain Growth Captial - Business PaperAnalysis of Ebay Expanding into AsiaDefinition of Export QuotasThe Project Managment Office SystemPETSTEL analysis of IndiaThe Relationship Between Delinquency and Drug UseLifes What IfsThe Hockey GameResearch Process Part OneThe Effects of Illegal ImmigrationOpen Architechture a white paper

Bassanio and Portia in William Shakespeares The Merchant of Venice

When I met for the first time with Welliam Shakespeare's Venezian merchant Bassanio and Portia Bassanio, he asked his best friend Antonio for money. We learned that Antonio previously borrowed money from Bassanio and that his life was wasted beyond his ability. Bassanio told Antonio: Probably to some extent, Bassanio is using Antonio's money; it is unreasonable for him to seek any further before repaying his previous debt. Portia may be the smartest character on William Shakespeare's Venice Merchant. She gave Bassanio a ring to express their love and told him not to lose it or give up in any circumstances. After that, Possia served as a lawyer and defended friend Bartonnan Antonio. As a payment, Portia (still disguised) asked Bassanio to get a ring. Bassanio gave up. Portia knows what happened, but because Bassanio does not know, this is a dramatic ironic example; Posia accused him not to love her enough later. Love story of William Shakespeare Merchant of Venice The merchant of Veni ce is a game of love and hatred. Since we were introduced to the hero of the drama, the love plot began to develop in Acts 1 and 2. Bassanio is a friend of Antonio, Antonio is a champion of the show. Bassanio is a young man who introduced a childish personality at the beginning of the game. - The beginning of the story is to understand what the earth's life will be like in the next century. The first picture is that a mouse lies on the mountain trash mountain, so eating that person's rotten leg. Then a man decided he had decided to cut his leg to save himself When William Shakespeare wrote a merchant in Venice, he included a female character that influenced the drama. In most Shakespeare plays women have little power and wisdom. But in Venetian merchants Portia is a woman who saves men's life with wisdom and wisdom. Another woman created by Shakespeare has the same quality as Persia, Beutrice of Nothing about from Much Ado. Two women joined the theme of the drama because they were a ble to have love using their wisdom and witty remarks. Since Portia seems to be placed on a pedestal that rarely reaches, women have many similarities and many differences seem inevitable. Bassanio and Portia in William Shakespeares The Merchant of Venice William Shakespeare's Bassanio and Posia's Venetian merchant store In this article I write an article about Bassanio if he thinks he deserves a beautiful, intelligent and skilled Bosnian. Throughout the game, Portia is clearly the most capable and intelligent person ever, she always has a long time in the game. It was quite obvious that when she pretended to act as the judge of the fifth act, it made him remove the very big mess that Antonio made for himself when stupid. It is the same in the game. Portia may be the smartest character on William Shakespeare's Venice Merchant. She gave Bassanio a ring to express their love and told him not to lose it or give up in any circumstances. After that, Possia served as a lawyer and defended friend Bartonnan Antonio. As a payment, Portia (still disguised) asked Bassanio to get a ring. Bassanio gave up. Portia knows what happened, but because Bassanio does not know, this is a dramatic ironic example; Posia accused him not to love her enough lat er. Love story of William Shakespeare Merchant of Venice The merchant of Venice is a game of love and hatred. Since we were introduced to the hero of the drama, the love plot began to develop in Acts 1 and 2. Bassanio is a friend of Antonio, Antonio is a champion of the show. Bassanio is a young man who introduced a childish personality at the beginning of the game. - The beginning of the story is to understand what the earth's life will be like in the next century. The first picture is that a mouse lies on the mountain trash mountain, so eating that person's rotten leg. Then a man decided he had decided to cut his leg to save himself When William Shakespeare wrote a merchant in Venice, he included a female character that influenced the drama. In most Shakespeare plays women have little power and wisdom. But in Venetian merchants Portia is a woman who saves men's life with wisdom and wisdom. Another woman created by Shakespeare has the same quality as Persia, Beutrice of Nothing abo ut from Much Ado. Two women joined the theme of the drama because they were able to have love using their wisdom and witty remarks. Since Portia seems to be placed on a pedestal that rarely reaches, women have many similarities and many differences seem inevitable.

Apple Case Study Essay Example | Topics and Well Written Essays - 750 words

Apple Case Study - Essay Example The security of the employees is highly enhanced at Apple such that they are not free to shed light to the outsiders on what goes on inside the company. Apple’s CEO, Tim Cook leadership style is described as a methodical and no-nonsense style. He makes tough decisions to be followed by the employees. If Tim Cook continues to be the CEO, negative comments upon him will not change because he is very ruthless to employees at work and has fired a company head of iOS development that had launched the iOS for the consumers. If I am a highly qualified software developer, I would like to work with Apple despite the harsh treatment of employees because they promote and secure the innovativeness of employees which is my dream career in designing the best software in the world. According to Apple’s vision statement, employees are ranked as creators of structures and systems in order to ensure that the products produced can fully satisfy the consumers. Apple has introduced digital music revolution with iPods, iTunes and iPads which has given the consumers future expectations of high tech devices. The strategic plan of Apple in identifying the strengths, weaknesses, opportunities and threats of the company in future is a good take since it will improve its interaction with the consumers through introduction of more retail outlets (Hitt, Hoskisson and Ireland, 2013). Apple’s business philosophy of following the loyal customers and management of human resources has been the key objective during Steve Jobs leadership and today when Cook is the CEO. The business philosophy seems to be the same even after Cook took over from Jobs may be because Cook at this moment is struggling to follow the footsteps of his predecessor. The commanding of employees at work seems to be the same as that of Jobs. Lashinsky view on the Apple’s organizational structure seems better than the Apple’s 10K because it focuses on division of labor which increases

Age of info 7osam Essay Example | Topics and Well Written Essays - 1750 words

Age of info 7osam - Essay Example The big question however is whether the ICT revolution has actually been taken advantage of uniformly by all sections of people in a country and by all countries. This has obviously not happened. Within the same country, ICT has not pervaded in all sections of people; and between different countries, ICT development has varied from country to country. This has resulted in what has come to be termed as the Digital Divide. Fink and Kenny (2009) gives four possible interpretations of ‘Digital Divide’: â€Å"a gap in access to use of ICTs, crudely measured by the number and spread of telephones or web-enabled computers, for instance; a gap in the ability to use ICTs, measured by the skills base and the presence of numerous complimentary assets; a gap in actual use †¦; and a gap in the impact of use, measured by financial and economic returns†. Since the very early days of the ICT revolution, it has been increasingly apparent that even though ICT development may not be an end in itself, the application of ICTs and ICT tools is instrumental in enabling development. If this is the case, then it would imply that countries on the lacking side of the Digital Divide would be at a distinct and definite disadvantage compared to countries that have been able to take full advantage of the ICT revolution. Countries which, for whatever reasons, have lagged behind in the adoption of ICT would also lag behind in overall development, this in turn would again restrict them from adopting ICT, resulting in a vicious cycle that would divide the world into haves and have-nots. When speaking from the perspective of countries as a whole, the digital divide has been noticeable especially in the case of developed and developing countries. â€Å"The core of the digital divide creed is that the spread to ubiquity of information and communication technologies (ICTs) in developed countries is leaving the developing world behind, with potentially cataclysmic consequences in terms of

Environmental issues Essay Example for Free

Environmental issues Essay Nowadays, environmental issues are rapidly raising concerns and awareness to the society. It is good to know that problems involving environmental neglect and degradation are a problem of environmentalists no more, but also of politicians and ordinary citizens as well. Say, we should analyze a hypothetical problem regarding the issuance of business license in a local western coast, where two pre-dominant businesses already exist, a bait fish fishery of pilchards and an oyster lease. There are two promising businesses vying for the license, a Tuna Cage Farm and a Dolphin Swim Tourism Project. Both of the new establishments would create added benefits and disadvantages to the area and the pre-existing businesses, so the choice should be carefully examined. Primarily, the bait fishery in the western coast consists of pilchards. Pilchards are any of various small marine fishes especially the commercially important edible species. These pilchards are caught throughout the year, mostly during the night, using purse seine nets. The nets are pursed and drawn to an area adjacent to the vessel, and fish are removed from the net with pumps and placed in the hold of the boat. In layman’s term, pilchards have a wild capture. Unlike the wild pilchard capture, the tuna harvest is spawned in floating cages. Since it is a controlled environment, the unutilized feed components in the cages usually accumulate in the ambient water columns and substantially alter the benthic environment for the fishes. The toxic wastes from tuna cages caused massive pilchard mortalities, as shown in 1995 and 1998 incidents. Furthermore, the toxic wastes spread far at a rapid pace, about 500 km in 20 days, as shown in graph. The Dolphin Swim project, on the other hand, would introduce more boats that might disrupt the spawning season of the pilchards. There is also a probability that dolphins would consider the pilchards as prey. But aside from that, the dolphins can co-exist peacefully with the pilchards. The benthic area is preserved and the probable food cycle is just a natural process. Moreover, the industry in the coast will be promoted. Comparatively, it is evidently more harmful to facilitate a tuna cage farm with a co-existing pilchard industry; thus, the Dolphin Swim project should be favored. The decision was based on two significant aspects; which business is economically efficient while remaining ecologically sustainable. The Dolphin Swim Industry fulfilled these criteria.

Speaking of Courage Essay -- Essays Papers

Speaking of Courage In the literary work, Speaking of Courage, Tim O’Brien highlights the trying struggle of a post-war solider attempting desperately to integrate himself back into American society. Paul Berlin’s trials and tribulations exemplify the â€Å"dominance of a citizen culture in the United States,† as mentioned by Dr. Decker in class. American society does not allow for the soldiers we have sent off to fight to return as warriors. While Speaking of Courage is based on Paul’s experience after the Vietnam War the effect of the citizen culture can be seen throughout history. Americans are not generally known to have an imperial, blood thirsty nature. We choose to â€Å"conquer† the world using business or other non-violent means. In the case of the Vietnam War, our government was f...

Last Child in the Woods

Last Child in the Woods, Saving Our Children from Nature-Deficit Disorder by Richard Louv is an inspirational book. Richard Louv mainly talks about children not getting enough exposure to nature and all the problems that are caused from it such as; school (academically), behavior, health, emotional feelings, anxiety and depression. He explains that children from the age of six to eleven rates of obesity has increased and two out of ten American children are obese; because instead of going outside and playing they are sitting in the house watching TV or on the computer.In 1983 Howard Gardner came up with seven intelligences, and recently he added a new one; naturalist intelligence. When this describes a person it means they are able to recognize plants, animals and many other parts of nature; which everyone should be able to do. Not only are the characterizations of this additional intelligence just being able to recognize parts of nature, but the person has to have a love for, an int erest for and care about nature and all its parts. Physical Education in schools is not how it was when I was in school.Children only get about 30 minutes and that usually contains them doing an organized sport they may not be interested in or and running from one fence to another. When Louv talks about children being outside in nature, which does not mean on the blacktop, he refers to a â€Å"green† area. Schools are also beginning to cut out recess, which all children need. Research says nature can be used as a theory for children with ADHD and can sometimes take the place of their medication, Ritalin.The more â€Å"green† children with ADHD and ADD are around the better they are all together, especially in school. They are able to focus and concentrate more, have a higher attention span, they are more creative, get along better with others, are able to deal with peer pressure, and will have a better behavior. There are many teenagers who have never been outside of t heir urban city and have never been in a â€Å"green† area for a long period of time. Once they have that experience that will change their whole life and there way of thinking.They will know and understand how beautiful and important nature is to them and others. Computers are beginning to take over schools and because of that music classes are being dropped and art classes are becoming less and less hands-on and have less to do with nature. What school districts and some educators fail to understand is nature helps with children’s cognitive learning. Many children are associating outside with fear. They are afraid to go outside and wander by themselves.Sometimes part of that fear comes from their parents trying to protect them and telling them about strangers, and about people getting hurt; little do they know that instead of helping parents are putting fear in their children. If a child is bored, one thing they can do is go outside. Children do not like going outsid e or being around nature often, but if you expose children to nature while they are still babies they will learn to find interest for it and the child will rarely complain about being bored. Nature builds self confidence, which a lot of young children lack, it also makes them stronger.Nature is no where in the schools curriculum, but it is important for educators to add it in as many ways as they possibly can. The problem is some educators fail to realize how important nature is to children. When I begin teaching I plan to have some of my class outside in the â€Å"green†, sitting on the grass and or underneath a tree. When the whether permits we will have our reading and meditation time outside for sure. Our meditation time will be time for the children to get everything out of there system that is stressing them in any way.I will try my best to implement nature into my as many of my lessons as I can. The classroom will be full of plants and a couple of small classroom pets, and it will be the student’s responsibility to take care of them. That will help them to learn to love, respect, appreciate, care for and how to take care of nature. Even just having plants and animals inside the classroom will help the children with their everyday lives and during the day especially when the whether does not permit us to go outside and enjoy what nature has to offer.Children in environmental based programs tend to do better then those students in traditional programs. Taking the students on field trips that have to do with the lesson tends to be very effective. The children seem to take in more and enjoy it better then just sitting in a classroom. From the age of learning to walk and being able to play outside without my mom to elementary school my childhood was very similar to the baby-boomers in this book.I use to climb trees, make mud pies with my best friend, go in the woods just to play hide-and-seek, play in the rain fully clothed, etc. I remember whe n I was in middle school I would rush to get done with my homework so I could go outside and play with my friends in my neighborhood. We did not play in â€Å"green† areas as much as we played on paved roads, but just being outside felt wonderful. When I was not allowed to go outside with my friends on weekdays and weekends, I remember I would cry because I loved being outside that much.We would ride our bikes and scooters or skate downtown to the boardwalk, play basketball, kickball and other kind of sports in the church, that most of us attended, parking lot that was near to our houses. It wasn’t until I was in the eighth grade when going outside was no long interesting to me. I was more interested in playing computer games, games on my play station, watching TV or just talking on the phone to my friends. Similar to the book, around that time my mom was scared to let me go too far from the house, because she was afraid something might happen to me.I had to be in fron t of the house by the time the street lights came on. Just like what was happening to a couple of the children in the book, I think my mom trying to protect me by telling me â€Å"don’t go too far, because something might happen† scared me more than anything else and that might be what made me enjoy being inside more. I remember when I was in about sixth or seventh grade, my family and I went on a skiing trip in northern Virginia. My step-dad, mom and I drove from South Carolina to Sterling, Virginia to meet my aunt, her husband and their two children. The next morning at about five o’clock A.M. we began loading the bus for the ride to the ski resort. I know on the ride to the resort the scenery was beautiful, but just like any other child would do I slept, listened to my CD’s, and played with my cousin, instead of paying attention to nature as we rode by the mountains and more. Once we finally arrived after what seemed like a long drive I started to feel myself getting excited, because unlike my aunt and her family I never went skiing. The next day we went to the slopes and I had the best time I think I ever had still to this day. I really got a chance to see how beautiful nature really is.I took ski lessons and would ski on the small slope over and over again until I was comfortable enough to accomplish the true slope. In order to get to the top of the slope you had to get on this ride that took you all the way to the top, which allowed people to see everything. That was a very beautiful site; we looked down on the whole ski resort and the area around it, with the snow on the trees and Greenland. I believe this trip and my trips to Hawaii and Barbados are what made me fall in love with nature. After seeing the beautiful scenery and the clear blue water in the islands,I began to love, cherish, care for, and become interested in nature more than I was prior to the vacations. This book is very important to science education, because science is the simplest subject to incorporate nature into. Educators can almost add the students being in contact with nature to any lesson on their curriculum pattern for their grade level. When most students reach high school science becomes boring and the subject they despise the most and I believe a phenomenal way to keep them involved and interested in science is by implementing nature in the lessons

Gavin Menzies’ Voyages

Gavin Menzies Essay Gavin Menzies was a royal navy submarine captain that worked for the British government and now is trying to let the world know his opinion on the discovery of the Americas: did the Chinese discover the Americas before Columbus? Menzies takes on a voyage where he tries to find evidence to support his thesis and comes up with several different theories; his first stop: Calicut. Menzies claims that the Ming dynasty's famous navigator Zheng He managed to reach the cape of good hope and from there he should have reached the Americas too.Gavin also claims that a famous Italian writer of the time, Nicolo ‘ Di Conti, might have made contact with Zheng ‘s fleet in Calicut and might have also left with them for the New World; Unfortunately for Menzies this idea was quickly discarded for there are historical records that suggest that Di Conti immediately returned back to Italy after his trip to Calicut ( he might have also carried some Chinese maps of their voya ges with him).Menzies then pulls out some more evidence that a map found was possibly a Chinese map that led to the islands of the Antilles, but according to a few historians and cartographers, the maps were confusing inaccurate and the islands were displaced in random places. The possibility of a slipway on one of the tropical islands was rejected by many geologists that state that those rocks where there for no peculiar reason.Still not giving up on his quest, Gavin Menzies slightly alters his theory: he affirms that an Italian, Verazzano, went on a voyage with the Chinese and stating that he saw â€Å"people running like Chinese†; but as we already know, even Columbus, thought that the people he thought were Chinese but they were just the Native American tribes that lived on the coastline.It was also verified that Indigenous people were descendants of other Asian tribes that might have reached the Americas by crossing an icy passage in North America. There is no concrete i nformation or evidence that the Chinese ever got to America, because if that were so than the Chinese would have set up outposts, settled or maybe started trading the tropical goods with Europe and probably could have made a fortune!Lastly, Menzies tries convincing the people when he claims that an old Chinese report states that the Ming fleet arrived at the shore of about 3000 different countries(the only way to do this was by reaching the Americas too)! The Chinese historian that owned the archives rejects this last of Gavin's theories because of a simple calligraphy misunderstanding: the Chinese character † † means 30 and † † means 3000 so the record can be misunderstood because the record actually just meant 30 different countries†¦Any claims concerning history, especially when it has been firmly accepted by historians and other professionals on that certain topic, should have reliable and plausible evidence along with clarifications and explanations to be supported; That is how history has been built up so far and it's how it will continue to be built. When an argument concerning history that relies on inaccurate evidence and unsupported theories, such as that found in Menzies' show. The argument does not deserve to be reconsidered.

Frederick Douglasss Speeches essays

Frederick Douglass's Speeches essays Frederick Douglass tried to evoke a desire for Liberation amongst the African-American people in his writings and oratory. To many people, Douglass appeared to be the black Moses, leading his people to freedom not only physically, but mentally and getting there by non-violent means. Douglass believed that if he could successfully show that blacks were in fact equal to whites, he thought that in turn everyone would recognize this and put an end to slavery. Frederick Douglass has emerged as the representative black male writer of his time period. As is well known, Douglass, the son of a slave woman and a white slave master, spent the first part of his life as a slave in Maryland, escaping to New Bedford, Massachusetts in 1838 (Levine 3).Fearing fugitive slave hunters, Douglass sailed to the British Isles, and when he returned in 1847, he established the North Star, thus beginning a sixteen-year career as an editor and publisher of three different antislavery newspapers. In the middle of this journalistic career, he printed an expanded version of his autobiography, My Bondage and My Freedom (1855), a text that articulated some of the key tenets of his newspapers temperance and the importance of pursuing black elevation in the United States. As a slave himself, Douglass in his person embodies the possibilities of regeneration. In My Bondage and My Freedom, Douglass signals his entry into revolutionary tradition. And thus he presents himself in his autobiography as a national representative, fighting not only for its moral and political principles but for the very civilization that served as a foundation for the development of those principles. In this work, Douglass implying that blacks, by following Douglasss representative example, can overcome what Douglass refers to as the ten thousand discouragements ... which best their existence, in this country (Holland 58) he nonetheless ...

Anxiety Disorders #2 Essay Example | Topics and Well Written Essays - 750 words

Anxiety Disorders #2 - Essay Example carring or acne problems, in the nose in terms of size and shape of nose, in the hair as a thinning or balding hair and in the genitals as the size and shape of the sex organ. Although researchers believe that the causes of body dysmorphic disorder may be ‘multifactorial’ in nature – genetically, psychologically, or socially derived they are uncertain of the specific cause of this disorder (Phillips and Castle 2001).However, it is believed that the public’s preoccupation with body image may be directly related to the onset of this psychiatric disorder. The media’s insistence on displaying their version of a beautiful man or woman is influencing simple individuals’ views of themselves. Due to the media’s appeal, society in general may put pressure on men and women alike to present themselves in light of the media’s preferences. In men, in particular, there is the preoccupation with muscle which may lead to muscle dysmorphia – an anxiety which comes from the belief that ‘one’s body is too small’ or insufficiently brawny (Phillips and Castle 2001). The most effective treatments for BDD are medication and cognitive behavior therapy. Serotonin reuptake inhibitors used to aid those who are depressed is intensified in dosage and duration for individuals suffering with BDD. Cognitive behavioral therapy allows individuals to gain a more pragmatic analysis of their body image. Therefore, individuals who may have been obsessed with a tiny spot on the skin may be able through various cognitive behavioral techniques to accept the tiny spot as an imperfection which is not a definition of the individual’s appearance and in time learn to cope with the minute speck in relation to rest of the perfect skin. Further, patients may develop more realistic views of their appearance and resist the urge to perform repetitive behaviors such as a constant checking of self in the mirror or regular comparison of self to others. What is more cognitive behavior

Strategic Financial Concerns for a Typical International Investment Essay

Strategic Financial Concerns for a Typical International Investment Project - Essay Example International projects quintessentially engross a broader array of issues than domestic projects and efficaciously, the extrinsic movement from one's own business authority exclaims many unknowns. The factors that influence the investment decisions of the owner with international capital amenities can appear to be a bit intricate and may differ considerably from plan to plan. According to Walewski and Gibson, the accomplishment of a particular project can depend upon a comprehension of the stakes related to such projects. International projects with meticulous reference to investment which are not able to meet factors like possibilities, resources, and schedule often accrue in an array of influences with crucial financial, social, and political consequences (Walewski and Gibson, 2003). Most of the industry psychoanalysts like Hann and Diekmann construe to the fact that the globalization of international investment market facilitates with tremendous opportunities for business individuals to expand in to new-fangled foreign markets (Hann and Diekmann, 2002). Economic and financial stakes influence the selection of project delivery and documents where currency vacillation impersonates a vital role in resolving the segment of the project which can be contracted for represented overseas. According to Kumar et. al, factors like policy corruption is a critical factor in determining the currency crises (Kumar et. al, 1999). Innumerable risks and risk-associated procedures, when assessed by Dias and Ionnou, related to the fact that there are generally two kinds of risk: 1. Pure risk when there is likelihood for financial thrashing and no likelihood for financial gain 2. Tentative risk which is involved with the likelihood of both gains and thrashings (Dias and Ionnou, 1995). Many contracted projects are featured by the incongruity between the contracted date and the payment date (Mehrez and Regev, 1983). It is commonly viewed that such a situation is largely engrossed with ambiguities regarding the cost payments, both innate for the project and the investor who has to ensure sufficient funds for the payment time. However, it can be presumed that the decision maker is in possession of an assortment with both liquid as well as non-liquid assets, and it is exorbitantly pricey to bring into use the non-liquid assets in order to finance the projects. Moreover, the liquid assets or the budget are adequate to the project and can be somewhat deferred for the project, thereby, springing a low return, and partly be utilized for an optional long series of Financial Plan with high

IKEA AND UK DISTRIBUTION Essay Example | Topics and Well Written Essays - 2500 words

IKEA AND UK DISTRIBUTION - Essay Example It is argued that the supply chain standards are not fixed at a uniform level or universal conditions cannot be established. Several factors should be taken into consideration while implementing a supply chain implementation or improvement plan. Factors contributing to the effective development of supply chain management are many and varied, which include: The main source of competitive advantage in services industry is efficient service for the customers. Supply chain plays an important role in the efficient service provision to the customers. "The goal of a supply chain should be to maximise overall supply chain profitability. Supply chain profitability is the difference between the revenue generated from the customer and the total cost incurred across all stages of the supply chain. Supply chain decisions have a large impact on the success or failure of each firm because they significantly influence both the revenue generated as well as the cost incurred. Successful supply chains manage flows of product, information, and funds to provide a high level of product availability to the customer while keeping costs low." (Chopra & Meindl, 2004; 44) The IKEA should undertake the approach of goods flow on supply chain according to their shelf life and not just on the time they've been in the supply chain. "For instance, products with long lead-times that have been exposed to high temperatures during distribution would be sent to the retail shelves before those with short lead-times but distributed under more favourable conditions". (Roberti, 2005) The international sourcing policy effects the corporate, marketing, purchasing, and other strategies. It is important for the Management of IKEA to connect the future objectives with corporate objectives and strategy. IKEA and UK distribution: IKEA is a worldwide name with some 175 stores worldwide in locations as far apart as Singapore and the Czech Republic. It works with approximately 1800 suppliers and 55 countries, and its range is made up of around 10,000 products. Swedish furniture retailing giant IKEA's massive newly opened Peterborough distribution center is fast becoming a familiar landmark on the city's outskirts. With over 57,000 square meters of storage space, and boasting an underground geothermal heating system, the 21.3 million warehouse will employ some 250 people by the summer -- all newly created jobs. It will help the company service its 11 existing British stores, which occupy over 26,000 square meters apiece. 20 more outlets should be opened by 2010, leading to a

Michael DeNottos Street Art and Graffiti Essay Example | Topics and Well Written Essays - 500 words

Michael DeNottos Street Art and Graffiti - Essay Example DeNotto then goes on to identify sources, where articles, essays, photos and interviews of artists can be found so that those interested can look into it for further study. He believes that the value of street art has become greater nowadays due to its emphasis on scholarship and vulnerability to eradication or vandalism, thereby erasing the potentially significant message it wants to impart. Hence, it is important to document it as they still exist. De Sotto provides a clear explanation of the evolution of graffiti and street art as part of popular culture. He has opened the minds of people to alternative perspectives, and explained that it is a viable outlet of self-expression and dissemination of a message intended for society. The initiative to provide additional sources of information is also commendable so people gain a broader understanding of graffiti and street art and why artists resort to creating it so that people get to understand their messages better. Graffiti used to be viewed as something unpleasant especially if the owners of the walls intended for it to remain spotless. Vandals have exploited such immaculate walls to maliciously destroy its faà §ade as a canvas for their rebellious messages. Now, as prominent artists have recognized the power of graffiti to elicit such strong responses from the public, they have utilized this medium to spread more positive content and instead of destroying the urban environment with ugly public textual and graphic messages, they created street art.

Software engineering principles

Software engineering principles Chapter 1 Software is a great combination between artistry and engineering. When you finally get done and get to appreciate what you have done it is like a part of yourself that youve put together. I think a lot of the people here feel that way. Introduction This report discusses Software Engineering principles in context with Service-Oriented applications. Software Engineering covers a very vast area. It encourages the development of high quality and sustainable software,using quality software engineering tools and techniques. Service Orientation on the other hand is a trend in Software Engineering, its an approach, a way of thinking, a value system that promotes the construction of applications based on activities called services. It was very complicated to conclude the basic principles of Software Engineering and then to make a decision which of these principles are applicable and which are not applicable to the development of Service Oriented Applications. There exists so much information on Software Engineering and Service-Oriented applications but very few talks about the Software Engineering principles and their relation with SOA. However, after browsing through the internet and digging into many Software Engineering and SOA books and journals some conclusion is made which is described in detail in following pages. Like most of the researches, this research also takes into consideration few assumptions which are stated clearly. Chapter 2 In order to be acquainted with the principles of Software Engineering it is essential to have a brief idea about it. The paragraph below will assist in giving some idea about Software Engineering. About Software Engineering. As mentioned above Software Engineering covers a very huge part in a development of any software. It is not a complex approach but over the years everyone has presented a different definition for Software Engineering because of its diversity. To get the more precise and clear picture, a few definitions from different sources are presented below. The establishment and use of sound engineering principles (methods) in order to obtain economically software that is reliable and works on real machines [Bauer 1972]. Software engineering is that form of engineering that applies the principles of computer science and mathematics to achieving cost-effective solutions to software problems. [CMU/SEI-90-TR-003] The application of a systematic, disciplined, quantifiable approach to the development, operation, and maintenance of software [IEEE 1990]. There are aspects of each of these definitions that have a say to the viewpoint of software engineering used in the construction of this report. One particularly important aspect is that software engineering builds on computer science and mathematics. Software engineering encompasses a process, the management of activities, technical methods, and use of tools to develop high-quality, systematic, controlled, and efficient software products. Software is engineered by applying three discrete phases definition, development, and support. Subsequently, there are significant emphasis on analysis and evaluation, specification, design, and evolution of software. In accumulation, there are issues related to management and quality, to novelty and creativity, to standards, to individual skills, and to teamwork and professional practice that play a vital role in software engineering. Chapter 3 Service Orientation is a trend in software engineering that promotes the construction of application based on entities called services [9]. Service-Oriented Architecture A service-oriented architecture is the organizational and technical framework that enables an enterprise to deliver self-describing, platform-independent business functionality and make it available as building blocks of current and future applications. Simply speaking, in an SOA, a business is viewed as a portfolio of services that can be delivered independently and recombined without requiring detailed knowledge of how that service is implemented. [8] According to Wikipedia, incomputing,service-oriented architecture(SOA) has different non-standard and openly-debated definitions. Basically, it is an attempt to provide set of principles or governing concepts used during phases ofsystems developmentandintegration. Such architecture is supposed to package functionality asinteroperableservices within the context of variousbusiness domainsinvolved. Several departments within a company or different organizations may integrate or use such services à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬ software modules provided as a service à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬ even if their respectiveclientsystems are substantially different. It is an attempt to develop yet another means for software module integration. Rather than defining anAPI, SOA defines the interface in terms of protocols and functionality. Anendpointis the entry point to such an SOA implementation. Chapter 4 Principles of Software Engineering A set of fundamental principles can act as an enabler in the establishment of a discipline; however, software engineering still lacks a set of universally recognized fundamental principles. A fundamental principle is less specific and more enduring than methodologies and techniques. It should be phrased to withstand the test of time. It should not contradict a more general engineering principle and should have some correspondence with best practice. It should be precise enough to be capable of support and contradiction and should not conceal a trade off. It should also relate to one or more computer science or engineering concepts. [1] Principles are common and conceptual statements describing desirable properties of software products and processes. Principles become practice through methods and techniques, often methods and techniques are packaged in a methodology. Methodologies can be enforced by tools. Principles of Software Engineering have a good impact on the process of software engineering and also on the final product. These principles facilitate to develop software in such a manner that it posses all the qualities like: efficiency, functionality, adaptability, maintainability, and usability. Principles are general, abstract statements describing desirable properties of software processes and products. The principles are applicable throughout the lifecycle of the software. Principles are the set of statements which describe the advantageous features of the product and process. Focus on both process and product is needed to deliver software systems. These principles help in controlling process which in turn helps to control the quality of the product. Only the control of process will not guarantee a quality product therefore it is important to concentrate on both process and quality. As said earlier there are no fundamentally recognized principles of Software Engineering but we can list down few that may be used in all phases of software development. Rigor and formality Separation of concerns Modularity and decomposition Abstraction Anticipation of change Generality Incremental Development Reliability Principles explained. Rigor and formality Webster defines Rigor as. harsh inflexibility in opinion, temper, or judgment : severity the quality of being unyielding or inflexible : strictness severity of life : austerity b: an act or instance of strictness, severity, or cruelty 2: a tremor caused by a chill 3: a condition that makes life difficult, challenging, or uncomfortable; especially : extremity of cold strict precision : exactness Webster defines Rigor as harsh inflexibility in opinion, but thats not the general meaning of rigor in project management. In general Rigor means the strict precision with which you follow some project management belief or practice. Advancements of this approach enable us to construct more consistent product, organize their cost, and boost our confidence in their reliability. Formality is a stronger requisite than rigor; it requires the software process to be driven and evaluated by mathematical laws. As it is seen that Software engineering is a very imaginative design activity, so it must be practiced systematically. Rigor is an essential match to imagination that increases our confidence in our developments. Formality is rigor at the highest degree. Software development can accept neither ambiguity nor inaccuracy. Where rigidness helps to produce consistent products, controlling cost and increases discretion in products, Formality checks the process of software production using mathematical laws. Rigor and formality in context with SOA SOA aims to improve flexibility. The key reason for using SOA is that it should help you in your business. For example, you may need IT solutions that store and manage your data, and allow you to automate the usual processes that deal with this data. A critical factor for business success these days is keeping time to market share. To deliver a quality solution right on time, you need flexibility. But flexibility has a lot to do with clear organization, roles, processes, and so on. Therefore, SOA has to deal with all these aspects. [10] Conclusion For Software Engineering, Rigor means the strict precision with which you follow some project management belief or practice. On the other hand SOA follows agile methodology which can be described as iterative and incremental. As SOA is intended to enable flexibility, adaptability and reusability, this principle is not applicable to SOA. Separation of concerns There is a very popular saying Divide and conquer, it holds good in software development process also. This principle teaches to first divide or break the problem into small and different modules. This helps in dealing with different individual aspects of a problem and we can concentrate on each part separately. A problem can be divided with respect to time, quality, complexity etc. Once the problem is divided into pieces a project leader can thus easily separate the responsibilities among the developers. By doing this development of a big part of the project can be done in parallel, thus saving time. Separation of concerns in context with SOA SOA is all about services. SOA is nothing without services. Services are primary assets of SOA. Services in SOA are modules of business or application functionality with exposed interfaces that are invoked by messages from service consumers. [11]. Conclusion In SOA, complex problems are divided into different modules to design various reusable and interoperable services. Thus this principle does applicable to SOA. Modularity and decomposition Modularity is a kind of Separation of concerns. A complex problem can be divided into simpler parts called modules, allowing details of each module being handled in isolation and separately. A system that is collected of modules is called modular. When dealing with different modules we can ignore details of some not so important modules. Each separated module should be highly interconnected with the rest of the modules so that each module should be understandable as a meaningful unit. Components of a each module should be closely related to one another. Modules should exhibit low coupling means they should have low interactions with other modules. Too much interaction with other modules makes a module dependent on other, thus making it less reusable. Modularity in context with SOA Service contracts impose low consumer coupling requirements and are themselves decoupled from their surrounding environment. [12] Conclusion Loose Coupling is one of the basic principles of SOA. The principle of Service Loose Coupling promotes the independent design and evolution of a services logic and implementation while still guaranteeing baseline interoperability with consumers that have come to rely on the services capabilities [12]. This principle does applicable to SOA. Abstraction A software developer cannot deal with more than a few concepts and their relationships simultaneously. An abstraction allows suppressing details that are unimportant to him/her and emphasize the important information [2]. Abstraction helps manage the intellectual complexity of software [3]. Abstracting means that a higher-level concept disregards certain properties altogether [4, 5]. Abstraction is also related to Separation of Concerns. Here the modules are separated on the basis of purpose of the module. Actually we separate what from how. Then we can easily make out the central aspects of a phenomenon and overlook its details. Abstraction is the only tool through which we can actually master the complexity of the problem. Abstraction depends on the functionality of the module (What) or point of view. To decide which type of abstraction is to apply mainly depends on the purpose of the particular problem. Abstraction in context with SOA Service contracts only contain essential information and information about services is limited to what is published in service contracts. [12] Conclusion Abstraction ties into many aspects of service-orientation. On a fundamental level, this principle emphasizes the need to hide as much of the underlying details of a service as possible. Doing so directly enables and preserves the previously described loosely coupled relationship. Service Abstraction also plays a significant role in the positioning and design of service compositions. [12]. This principle does applicable to SOA. Anticipation of change The only constant is change. Change is everywhere. Even in Software development change always happens. It is very important to identify any likely change in the early phase of software development. When expected changes are recognized, a particular care must be taken to progress in a way that will make future changes easy to apply. The changes occur because usually the entire software requirement is not understood by the development team and this happens because of the communication gap between client and software team. Also most of the times the users and the environment of the requirement changes which leads to the minor and some time even major changes in the application. Such major changes affect the supervision of the software process. A small change in the application pushes the finished product back into the software development life cycle. It becomes necessary to do a regression testing with maintenance. Maintenance is the process where modifications are done to the application to reflect the changing requirements. Anticipation of change in context with SOA Conclusion Generality Generality can be characterized as a state or quality of being not limited to one particular case. Generalisation, as an inductive process, collects information about a number of particulars and presents it in a single description [6]. General description collects a set of individuals according to the features that are applicable to the whole as well as to every member of a set. As noted in Navrat [5], generalisation moves things along the set-superset relation. Specialization, as an opposite operation, moves things in set-subset relation. Less general description determines a smaller set of things, while its transformation to a more general description will determine a superset of the original set. Every member of less general set is a member of more general superset. While breaking a big problem into small modules one should generalize the problem to make the solution more potential for being reused. But a careful balance between performance and cost is necessary while generalizing a problem. Generalization often helps in solving some special case easily. Incremental Development Keep developing until you get it right. Incremental development is based on agile methodology. Agile methods generally promote a disciplined project management process that encourages frequent inspection and adaptation, a leadership philosophy that encourages teamwork, self-organization and accountability, a set of engineering best practices that allow for rapid delivery of high-quality software, and a business approach that aligns development with customer needs and company goals. [7] Incremental development means development in a stepwise fashion. According to this principle a subset of the system is delivered early to get the feedback from the users in the early stages of the development. New features or changes , if any, can thus be added incrementally during the early stages without doing much of changes in the structure of the system. It focuses first, more on the functionality, then turn to performance. It is a step-wise process which makes closer approximations to reach a desired goal. But a closer and careful management interference and documentation is necessary during all the steps. Incremental Development in context with SOA. As stated earlier, SOA is based on agile methodology. A disciplined Agile software development definition can be An iterative and incremental (evolutionary) approach to software development which is performed in a highly collaborative manner by self-organizing teams within an effective governance framework with just enough ceremony that produces high quality software in a cost effective and timely mannerwhich meets the changing needs of its stakeholders. [13] Conclusion Reliability According to ANSI, Software Reliability is defined as: the probability of failure-free software operation for a specified period of time in a specified environment.[ANSI91][Lyu95]. The NASA Software Assurance Standard, NASA-STD-8739.8, defines software reliability as a discipline of software assurance that: Defines the requirements for software controlled system fault/failure detection, isolation, and recovery; Reviews the software development processes and products for software error prevention and/or reduced functionality states; and, Defines the process for measuring and analyzing defects and defines/derives the reliability and maintainability factors. Reliability in context of SOA For services to carry out their capabilities consistently and reliably, their underlying solution logic needs to have a significant degree of control over its environment and resources. The principle of Service Autonomy supports the extent to which other design principles can be effectively realized in real world production environments by fostering design characteristics that increase a services reliability and behavioural predictability. [12] Conclusion Principle of Autonomy is one of the principles of SOA which talks about the reliability and behavioural predictability. This principle does applicable to SOA. References Abstracts from Fundamentals of Software Engineering, Second Edition, by Carlo Ghezzi, Mehdi Jazayeri, and Dino Mandrioli. Krueger, Ch. W., 1992. Software Reuse. ACM Computing Surveys, 24: 131-83. Pree, W., 1994. Design Patterns for Object-Oriented Software Development. Addison-Wesley. NÃÆ' ¡vrat, P., 1994. Hierarchies of programming concepts. Abstraction, generality and beyond. ACM SIGCSE Bulletin, 26: 17-21, 28. NÃÆ' ¡vrat, P., 1996. A Closer Look at Programming Expertise. Critical Survey of Some Methodological Issues. Information and Software Technol., 1: 37-46. Czarnecki, K. and U.W. Eisenecker, 2000. Generative Programming. Methods, Tools and Application. Addison Wesley. From Wikipedia, the free encyclopedia. Cartwright and Doernenburg 48 (3): 26. (2006) Zoran Stojanovic Ajantha Dahanayake. Service-Oriented Software System Engineering, Challenges and Practices. 1 Nicolai. M. Josuttis, 2007. SOA in practice. The art of distributed system design. 12-13. Eric A. Marks Michael Bell, 2006. Service-Oriented Architecture, A Planning and Implementation Guide for Business and Technology. 33-34 http://www.soaprinciples.com SOA: Principles of Service Design, byThomas Erl http://www.agilemodeling.com/essays/agileSoftwareDevelopment.htm http://www.agilemodeling.com/essays/agileSoftwareDevelopment.htm http://www.soaprinciples.com/service_autonomy.asp