Hotel Finance and Revenue-Free-Samples for Students-Myassignment

Question: Consider 2 organizations from same division and look at their budgetary situation just as money related execution through computation of different proportions. Answer: Presentation The motivation behind the report is to consider 2 organizations from same area and think about their monetary situation just as money related execution through figuring of different proportions. The principle target of investigation is to discover the most beneficial organization among the two chose organizations with the end goal of venture. Different proportions that will be contemplated are the liquidity proportions like snappy proportion and current proportion, dissolvability proportions like obligation to value proportion and times premium earned, movement proportions like receivable turnover and days deals exceptional and benefit proportions like profit for value, return on resources and income per share. Based on examination the proposals will be accommodated speculation. For this specific report Crown Resorts and RACV Noosa will be considered with the end goal of speculation dependent on the proportion examination. Crown Resorts is one of the biggest amusement bunches in Australia. The center venture and business of the organization are associated with the segments of incorporated hotels. Crown Resorts completely works and possesses 2 coordinated driving hotels in Australia that is the Crown Perth Entertainment Complex and Crown Melbourne Entertainment Complex. It has a solid portfolio with respect to the integral ventures and future tasks that is tied down by the Crown Sydney and it incorporates the betting and online foundation of the organization (Crown - Crown Resorts, 2018). Famous among the best inns in Australia it makes the rich encompasses for the clients that are supplemented by the excellent administrations. Then again, the RACV Noosa is an ideal spot for family trip, companions and couples excursion. It offers wide scope of alternatives for reasonable convenience that ranges from extravagant suites to one, two and three room manors and lofts. One of the top pools for the organizatio n is exhibiting of the open air pool. The spa portion of the hotel offers administrations and medicines for reestablishing and reviving the body. Further their spa menus include foot and hand ceremonies, pedicures, nail treatments, rub treatments, tweaked facials and skin investigation (RACV Noosa Resort Accommodation Events data, 2018). Proportion investigation Budgetary proportion investigation is the method for figuring the money related proportions that show and look at the monetary presentation of organizations. The proportions are utilized to break down the money related situation of the business and discover the explanation for the monetary exhibition of the organization (Brooks, 2015). It likewise causes the leaders to get ready for the future and make arrangements in like manner. For example, the gainfulness proportions help the administration to discover the benefit that the business is winning and can contrast it and its friends. Various proportions are utilized for investigating distinctive business viewpoints like money related execution, budgetary position and income (Nobes, 2014). Proportion Recipe Crown Resorts RACV Noosa 2017 2017 Current proportion Current resources/Current liabilities 1.83 0.83 Fast proportion Current resources less inventories prepayments/current liabilities 1.78 0.76 Records receivable turnover Net deals/Avg account receivables 14.11 4.57 No. of days deals in receivables 365/record of sale turnover 25.86 79.88 Obligation to value proportion All out liabilities/investor's value 0.65 0.40 No. of times premium earned EBIT/intrigue costs 14.45 3.26 Profit for resources Net benefit/Total resources 0.21 0.02 Profit for Equity Net benefit/Total value 0.35 0.03 Income per share Given in the yearly report (in pennies) 257.03 115 Dissolvability proportions the dissolvability proportions are utilized for estimating the companys capacity for meeting the drawn out commitments. Further, the dissolvability proportions affirms the measure of salary stayed for the business in the wake of making good on charge and the non-money costs for deterioration against obligation commitments (Hill, Jones Schilling, 2014). The dissolvability proportions contemplated for this specific report are obligation to value proportion and number of times premium earned that is likewise called the premium inclusion proportion. Obligation to value proportion this is the drawn out dissolvability proportion and it demonstrates the strength of the companys long haul monetary strategies. It uncovers the level of benefits financed through borrowings and the level of advantages financed by the proprietors or the partners of the organization (Kettunen, 2017). It is processed through isolating the complete liabilities of the organization by investors value. The proportion of 1 or 1:1 states that the partners and the loan bosses similarly add to the benefits of the organization. Similarly the proportion of under 1 express that the level of benefits financed through borrowings is not exactly the rate financed by the partners. Investigating the obligation to value proportion of both the organizations it is see that the obligation to value proportion of RACV Noosa is 0.40 and for Crown Resorts it is 0.65. In this way, more level of benefits of Crown Resorts is financed by investors when contrasted with RACV Noosa. Thus , RACV Noosa is presented to progressively money related hazard as higher measure of obligation can build the maintainability danger of the organization (Luez Wysocki, 2016). Number of times premium earned it quantifies the capacity of the organization to cause the installment for enthusiasm on the borrowings when they to get due. The speculators and the lenders utilize this proportion for understanding the dangers and gainfulness of the organization (McManus, 2013). For instance, essentially the financial specialist is concerned whether his interest in organization upgrades the worth or not. Then again, the loan boss uses the proportion for distinguishing whether the organization can bolster the extra borrowings or not and to examine the hazard included n the loaning. Investigating the estimation table it is recognized that the occasions premium earned for Crown Resorts is 14.45 occasions though, the equivalent for RACV Noosa is 3.26 occasions. In this manner, the no. of times premium earned for Crown resorts is essentially better when contrasted with RACV Noosa and Crown Resort is progressively proficient in taking care of their advantage commitment. Liquidity proportion the liquidity term is characterized as capacity of the organization to meet the money related commitment after it gets due. It is the calculation utilized for estimating the capacity of the organization for paying the momentary commitments. Most regular proportions determined to quantify the liquidity of the organization are fast proportion and current proportion. Among these the current proportion is the most liberal one and is trailed by the fast proportion. Current proportion it is the well known measurement for assessing the transient dissolvability of the organization. The momentary dissolvability is the companys capacity for taking care of the transient commitment of the organization after it getting due. The transient commitments are those which are payable inside one year timeframe. The proportion of 2:1 or higher than that is considered as good for the organizations. Be that as it may, basically figuring the proportion doesn't determine the liquidity position of the organization. Different components like kind of business, industry structure and the monetary condition additionally assume significant job estimating the liquidity of the organization (Scott, 2015). In any case, high proportion won't have the option to pay the current commitment productively if huge level of the benefit is incorporated under out of date or moderate moving inventories. The current proportion of Crown resorts is 1.83 that demonstrates that the organizat ion has agreeable liquidity position. Then again, the current proportion of RACV Noosa is 0.83 that is lower than Crown Resorts. Consequently, the liquidity position of Crown Resorts is better when contrasted with that of RACV Noosa Brisk proportion this liquidity proportion quantifies the companys capacity to pay the momentary commitment through having the benefits those can be effectively changed over into money. These effectively convertible resources are money, records of sales and the attractive protections (Sunder, 2016). These advantages are considered as snappy resources as they can be changed over into money rapidly. The fast proportion is not quite the same as the current proportion as the prepaid costs and inventories are not thought about while registering the speedy proportion. In any case, for barely any organizations the inventories are considered as the snappy resource dependent on the idea of the business. The speedy proportion of Crown resorts is 1.78 that shows that the organization has agreeable liquidity position. Then again, the speedy proportion of RACV Noosa is 0.76 that is lower than Crown Resorts. In this manner, the liquidity position of Crown Resorts is better when contrasted with tha t of RACV Noosa Productivity proportion it gauges the capacity of the organization to use its liabilities and resources for creating deals. The association that is exceptionally proficient limits its interest in resources which thus need lower measure of obligation and capital for keeping up its standard exercises and activity. The proficiency proportion looks at the collected advantages for the deals or COGS (Vogel, 2014). For the liabilities, significant effectiveness proportion looks at the payables against the all out buys from the providers. The proficiency proportions mulled over for this specific investigation are the no. of days deals stay extraordinary and the receivable turnover proportion. of days deals in receivables it is likewise called as the normal assortment time frame and measures the days check or the days required for the organization to gather the money from the credit deals. It uncovers the proficiency of the organization in gathering its contribution. As such, it uncovers the days taken by the organization to changes over its deals in

How Opportunity Structures Affect Your Life

How Opportunity Structures Affect Your Life The term opportunity structure alludes to the way that the open doors accessible to individuals in some random society or foundation are molded by the social association and structure of that element. Ordinarily inside a general public or foundation, there are sure open door structures that are viewed as conventional and authentic, such as making financial progress by seeking after instruction so as to find a decent line of work, or committing oneself to a type of craftsmanship, specialty, or execution so as to get by in that field. These open door structures, and untraditional and ill-conceived ones too,â provide sets of decides that one should follow so as to make social desires for progress. Whenever conventional and genuine open door structures neglect to take into account achievement, individuals may seek after progress by means of untraditional and ill-conceived ones. Outline Opportunity structure is a term and hypothetical idea created by American sociologists Richard A. Cloward and Lloyd B. Ohlin, and introduced in their book Delinquency and Opportunity, distributed in 1960. Their work was motivated by and based upon humanist Robert Mertons hypothesis of aberrance, and specifically, his auxiliary strain hypothesis. With this hypothesis Merton proposed that an individual encounters strain when the states of society don't permit one to achieve the objectives that the general public mingles us to want and work toward. For instance, the objective of financial achievement is a typical one in U.S. society, and the social desire is that one would make a solid effort to seek after training, and afterward buckle down in a vocation or profession so as to accomplish this. In any case, with an underfunded state funded instruction framework, significant expense of advanced education and weights of understudy credits, and an economy ruled by administration part occ upations, U.S. society today neglects to furnish most of the populace with sufficient, genuine intends to achieve this sort of accomplishment. Cloward and Ohlin expand on this hypothesis with the idea of chance structures by calling attention to there are an assortment of pathways to progress accessible in the public eye. Some are conventional and real, similar to instruction and vocation, yet when those come up short, an individual is probably going to seek after pathways gave by different sorts of chance structures. The conditions depicted above, of insufficient instruction and employment accessibility, are components that can serve to obstruct a specific open door structure for specific fragments of the populace, similar to children to go to underfunded and isolated government funded schools in poor areas, or youthful grown-ups who need to work to help their families and in this manner don't have the opportunity or cash to go to school. Other social marvels, similar to bigotry, classism, and sexism, among others, can obstruct a structure for specific people, while as yet empowering others to discover accomplishment through it. For instance, white understudies may flourish in a specific study hall while dark understudies don't, on the grounds that educators will in general disparage the insight of dark children, and to rebuff them all the more cruelly, the two of which frustrate their capacity to prevail in the homeroom. Importance in Society Cloward and Ohlin utilize this hypothesis to clarify abnormality by recommending that whenever conventional and genuine open door structures are blocked, individuals at times seek after progress through others that areâ considered nontraditional and ill-conceived, such as engaging in a system of trivial or significant hoodlums so as to bring in cash, or by seeking after dark and underground market occupations like sex laborer or street pharmacist, among others.

Balance of Payments Essay

The Balance of Payments is a summed up recording of all exchanges among Australia and the remainder of the universe of a given timeframe, basically it shows the exchange and cash streams all through Australia’s economy. For simplicity of recognizable proof and examination, the Balance of Payments is isolated into two separate segments to be specific the, Current Account and the Capital and Financial record which manage certain parts of Australia’s universal open and private area connections. Coming about patterns as an outcome of the estimation and investigation of the Balance of Payments, for example, the Current Account Deficit and the Terms of Trade become critical financial issues both in Australia and their impact can have significant effect on the Australian economy abroad and thus become an extraordinary need for the Government. The Current Account is an area of the Balance of Payments which sums up every universal exchange including merchandise, administrations, salary (for example intrigue and profits) and current exchanges. Segments of the Current Account incorporate the merchandise balance, which is the distinction between the estimation of fares and the estimation of imports (X-M) bringing about either an overflow or deficiency and the administrations balance which is the equalization of administrations fares and imports. Different parts of the Current Account incorporate the pay balance which are the benefits earned by Australian company’s abroad and profits earned by Australian speculators abroad less similar installments made abroad and furthermore Current exchanges which are reserves brought into Australia by outsiders, reserves removed from Australian by exiled people and endowments and gifts to and from Australians from and to abroad. The aggregate of the Current Account segment of the Bala nce of Payments is the net aggregate of Goods and administrations in addition to total compensation in addition to merchandise and ventures. The Capital and Financial record area of the Balance of Payments is a rundown of every single capital exchange and global exchanges including money related resources and liabilities. As its name proposes, there are two parts to this segment of the Balance of Payments, right off the bat the capital record is a record of all cash moves or a capital nature. Besides, the money related record is a record of all exchanges in budgetary resources and liabilities including the accompanying: Direct Investment which involvesâ overseas obtaining of a critical level of impact over a business, typically in excess of 10 percent; Portfolio venture then again can be portrayed as a theoretical speculation (for example offer or obligation protections that can be promptly traded on money related markets.) and Reserve Assets which are RBA property in remote monetary standards, this is one of the most significant parts of the budgetary record as it permits the Government to control these benefits or hold ing for intelligent consequences for the conversion scale. (for example the RBA can offer remote cash to purchase AUD; on the other hand it can sell AUD to purchase outside money.) There are a few principle recognizable connections between the three segments of the Balance of Payments the fundamental of which being counterbalancing marvel that happens between the present record and the capital record. With a coasting conversion standard, the parity on the present record is in every case precisely counterbalance by the parity on the capital record in this way on a fundamental level the parity of installments ought to consistently be in balance generally speaking. That is, a shortage on the present record is actually coordinated by an excess on the capital record and the other way around. Anyway as the information is gathered from numerous free sources, errors between the credit and charge records may happen for different reasons. To make up for this, the equalization is brought to zero utilizing a framework which takes into consideration net mistakes and oversights. The situation of Australia’s generally speaking Balance of Payments is amazingly crucial in deciding Australia’s accomplishment in the worldwide economy. The Current Account for instance has been in normally in shortage and in 1985-86 topped at a 6.3% shortfall as an extent of GDP. The present record deficiency (CAD) is exceptionally intelligent of the equalization of products and ventures (BGS), the years when the BGS was in excess, the CAD was ordinarily under 4 % of GDP, then again when the BGS was in shortage this was reflected by the CAD being up to 6.3% of GDP. As of late, the CAD has become a disputable issue, particularly at a time where imports routinely exceed sends out which add to a deficiency in a critical position of merchandise and ventures. Moreover, this can bring about a patterned impact where a high CAD can additionally decay our BGS because of the ugliness of remote speculation and along these lines a stoppage in the creation of assets (Australia’s greatestâ export item.) A generally obscure factor adding to our sizeable CAD anyway is the Net Income Deficit, which is principally intelligent of our huge utilization of outside investment funds and Australian firms expanding abroad resources. The Government has felt that as long as Australia stays prosperous, yield keeps on developing and the CAD doesn't turn crazy then outside venture and the capacity for Australian firms to obtain from abroad will stay high and accessible then Australia needn’t stress over the CAD that it is as of now running. The Balance of installments is a mind boggling issue yet stays indispensable while finding out Australia’s level of development and yield and how this is reflected in the worldwide economy. There are different and the simply placing this in to perceive how altogether things are checked. joins that can be drawn between the two parts and three coming about sub classifications of the Balance of Payments and permits financial analysts to analyze and change different issues that become obvious in the record of Australia’s worldwide exchanges. The Government places extraordinary significance on the Balance of Payments information as it is an immediate and direct examination of Australia’s execution at home and abroad.

Find Out Who is Concerned About Eco Friendly Essay Topics and Why You Should be Listening to Them

Find Out Who is Concerned About Eco Friendly Essay Topics and Why You Should be Listening to Them Eco Friendly Essay Topics Options Living green isn't as daunting as it might seem. Being eco friendly becomes increasingly more significant. Control for a notion is a good idea. Plans are offered at the Science Shareware site. Advantages of Eco-Friendly Products Many benefits can result from the purchase and application of eco-friendly products. Next, you must consider the method on how you wish to relay it to your readers. The most recent and hottest topics usually do an intriguing trick. Items in a series ought to have a comma after every product. Thus an exemplary persuasive speech demands an excellent topic, ideal wording, structure, and some presentation abilities. One of the most difficult things about writing a paper is locating a fantastic topic to write about. The very first thing you ought to learn about a persuasive essay is the simple fact that you're ready to pick your own sort of structure. An expository essay is the kind of essay which uses facts, statistics and noted data from reliable sources as the approach to giving information, in place of personal opinion on the subject. If You Read Nothing Else Today, Read This Report on Eco Friendly Essay Topics EROSION It can occur for a number of reasons and results in a lot of damage to the earth atmosphere. The impact we've impaled on our earths environment can't be ignored. There are times that you feel as if you wish to go over some problems and issues that are now happening in our society, but don't exactly understand what you'd like to discuss. Now, waste g eneration is just one of the most visible impacts on the surroundings. For instance, an informative paper about family will list types of families and offer some data on what sort of families is widespread or what's not (and maybe why it's so). The advantage of the program is to put back into the planet what's getting taken out. Environmentally friendly goods and respect for the environment today have come to be a method of life of several consumers. The app makes it possible to conserve money and the planet with customized actions about how you can enhance the carbon footprint of each region of your life. The Ultimate Eco Friendly Essay Topics Trick The principal idea is to just sum up all the facts that you've used previously. It's possible you have some killer ideas about how to modify their minds or show them with the topic from new points of view. You have to make sure you're very interested in the topic before it's possible to persuade others about it. In an issue of speaking, picking out persuasive essay topics is similar to telling yourself what you wish to convey to the rest of the planet. New Questions About Eco Friendly Essay Topics Energy-efficient appliances reduce the usage of organic resources while lowering electricity and utility bills. It's possible to discover ratings for food, personal care, and household goods, and scan the barcodes of merchandise in-store to retrieve info about them while you go shopping. Typically, green cleaning products are produced from renewable all-natural resources. Most standard-quality products nowadays contain the usage of harmful substances to a specific level, which might potentially lead to cancer or other serious health issues. The Truth About Eco Friendly Essay Topics Nowadays you get a very good understanding what aspects to take into account when choosing a topic for your research paper so that it's time to locate a good one. In addition, it would likewise be far better choose one where you have some experience in. You could struggle to get the research which aids your argument, and you may also be second-guessing your own understanding. Without writing the results there's no sense to work on the entire research paper. Essay writing is definitely thought to be part of academic life and essay writing demands certain abilities or the portion of the writer. There are many different ways of writing an essay but the fundamental structure stays the same. Essay plans can be useful in reminding you of important points that may be used to cover in your essay. To find the absolute most from the education essay topics, explore the many different resources about the problem you're writing about. Probably you don't always feel prepared for a critical text or you are just tired and have zero urge to write about something complicated. Relaying ideas of course is step one for leaders since they will need to enforce the new techniques too. Be clear in your thoughts about the point you wish to make. You want to supply sample scenarios, along with other details to drive your point home. Choosing appropriate procedures for investigation is critical because unreliable methods will result in unreliable outcomes . Therefore, the new approaches concerning green industries ought to be welcomed. The reason is going to be analyzed to evaluate the way that it will impact the building of houses. You should consider problems in your unique area of knowledge you want to discover solutions.

Analysis Of Maxine Hong Kingstons The Woman Warrior

The United States is viewed as a modern country, with a population primarily of immigrants and a seeming openness to cultural diversity. However, people who come from different cultures and backgrounds experience the of loss of cultural and ethnic identity. Within the country of diversity itself, minorities tend to fall into the stereotypic roles given to them by the â€Å"superior† groups, causing difficulty in moving away from the unethical ideals of racial and gender segregation along with the unvoiced restrictions placed upon the establishment of outside cultures. The search for one’s identity becomes more of an attempt of concealment and ignorance towards cultural roots, unconsciously falling into the stereotypic identity created for†¦show more content†¦Despite the claims that he is equal to everyone else, Fanon still struggles to find his exact place. He asks himself where he fits in, but realizes that the question is rather asking where should he place himself according to the ways of society (Fanon, 93). When writing about her childhood as a young student, she writes about how interactions between her and those who are White cause her to fall into the role of a poor immigrant, such as the interaction between her and the pharmacist. Within American school, Kingston, along with other Chinese students, would fall silent. By whispering in order to make themselves â€Å"American-feminine† rather than having the â€Å"strong and bossy† voices of normal Chinese women (Kingston, 172). Her continuation of playing the roll put out for her as an immigrant leads to her still being unable to finding the balance between her identity as Chinese but also her identity as an immigrant. Primarily in the last chapter, A Song for a Barbarian Reed Pipe, Kingston faces a much larger struggle attempting to fit in with the rest of the American children. As she begins to explain of her experience going from American school in the morning and then ChineseShow MoreRelatedAnalysis Of Maxine Hong Kingstons The Woman Warrior1504 Words   |  7 PagesA warrior is defined as a â€Å"brave or experienced soldier or fighter.† These few words characterize some of the most valiant souls that have stepped on our planet. Whether they are the firefighters and police officers that fearlessly ran into the fire of the Twin Towers or the current marines that are stationed around the world, there is an abundance of warriors that surround us at every moment. In turn, the definition of warrior has changed through generations. During the medieval times, a typicalRead MoreAnalysis of Maxine Hong Kingston No Name Woman1670 Words   |  7 PagesChapter I Introduction 1.1. Background of study Adultery defined as a sex relationship between a married woman and a man other than her spouse or a sex relationship that usually happened also between unmarried couples in their relationship. It is actually the same as stated in Oxford Advanced Learner’s Dictionary; adultery is a sex between a married person and someone who is not their husband or wife (18). Indeed, Adultery sometimes becomes something crucial in our society. As an additionRead MoreThe Divided Self1775 Words   |  8 Pagesthe last three years, however, some interests drastically changed, some slightly, and some not at all. With exposure to new material in my studies, new friendships, and new activities, I have become more attracted to working with numbers and data analysis, however, still retaining a passion for the dynamics of policy and law. I have interpreted and reinterpreted what I want my life to become and in some way I shift my behavior to make new paths (and possibly old ones) a potential. The need to habituallyRead MoreLiterary Analysis of No Name Woman6151 Words   |  25 PagesA short literary analysis of Maxine Kingstons classic â€Å"No Name Woman† As part of the first generation of Chinese-Americans, Maxine Hong Kingston writes about her struggle to distinguish her cultural identity through an impartial analysis of her aunt’s denied existence.   In â€Å"No Name Woman,† a chapter in her written memoirs, Kingston analyzes the possible reasons behind her disavowed aunt’s dishonorable pregnancy and her village’s subsequent raid upon her household.   And with a bold statementRead More The Search for Language in The Awakening Essay2447 Words   |  10 PagesSearch for Language in The Awakening  Ã‚  Ã‚     Ã‚   Kate Chopin’s novel, The Awakening, tells the story of a late nineteenth century woman trying to break away from the male-dominated society to find an identity of her own.   Edna Pontellier is trying to find herself when only two personas are available to her: the ‘true woman,’ the classic wife and mother, or the ‘new woman,’ the radical women demanding equality with men.   Patricia S. Yaeger, in her essay â€Å"‘A Language Which Nobody Understood’: Emancipatory

Alcoholism Essay - 1612 Words

12 April 2011 â€Å"The Inside Story on Alcoholism† Going back to the early 1920’s, alcoholism was an issue for many men, evident by the push for the Prohibition by many women at that point in time. Women wanted the 18th amendment so that their husbands would stop throwing their money away at bars, when many families lived from check to check, this was when the phrase â€Å"when you have a relationship with someone who is addicted, you have a relationship with an addiction, not a person† was coined by individuals in relationships with alcoholics. Saying that alcohol serves no purpose wouldn’t be telling the entire truth, in fact, alcohol does have its uses, including but not limited to cleaning wounds, and disinfecting door handles that are touched†¦show more content†¦Television shows, such as â€Å"ER†, which featured a female doctor that was an alcoholic, would be more likely to have teen viewers that had tried alcohol compared to shows such as TV sho ws that did not have a major character drinking on a regular basis. (Parul and Slater). Also in a study conducted by the Naval Health Research Center and the Center for the Study of Family Violence and Sexual Assault concluded that out of 5,697 Navy recruits, those that were abused were more likely to use alcohol to self medicate. (Trent et al.). Currently, there is an act in Congress; known as the CARE Act, Comprehensive Alcohol Regulatory Effectiveness, which is aimed at â€Å"supporting state-based alcohol regulation† (Wright) which would give individual states the right to limit direct shipment to consumers, which would limit the availability of alcohol in certain situation. (Wrights) This would be monumental to limit the amount of alcohol that can go to teenagers, similar to how anyone under the age of 18 can’t buy anything with Pseudoephedrine, such as Bayer, Benadryl, or Zyertec and even then there is a datebase, known as the National Percursor Log Exchange, which monitorsShow MoreRelated Alcoholism Essay678 Words   |  3 PagesAlcoholism   Ã‚  Ã‚  Ã‚  Ã‚  Alcoholism refers the drinking of alcohol to such a degree that major aspects of ones life are seriously and repeatedly interfered with. These aspects include work, school, family relationships, personal safety and health. Alcoholism is considered a disease. 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Like many other diseases, it has a predictable course and is influenced environmentally and sometimes geneticallyRead More Alcoholism Essay1075 Words   |  5 Pages Alcoholism, or alcohol dependence, is a chronic disease, which is common in our world today. In the United States, 1 in every 13 adults is either an abuser of alcohol or an alcoholic. This disease includes a craving from the victim in spite of any problems or consequences, which they may have or have had. Consequences of this disease are often very severe; for example, job problems frequently arise. In addition to serious job dilemmas, victims of this disease often get into mischief with the lawRead MoreEssay on Alcoholism922 Words   |  4 PagesAlcoholism Alcohol consumption was initiated on reservations when traders in the nineteenth century started to offer it to oppressed and depressed Native Americans. Natives represent, in fact, the ethnic group with the highest degree of alcohol consumption in the United States. 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Drinking is defined as the consumption of a liquid, and/or the act of drinking alcoholic beverages especially to excess. Every year alcohol is responsible for 1/2 of all murders, accidental deaths, and suicides; 1/3 of all drowning, boating, and aviation deaths; 1/2 of all crimes; and almost 1/2 of all fatal automobile accidents (Overview 1). Alcohol is a potent nonprescription drug sold to anyone over the national legal

Aboriginal Education - Culture - Curriculum and Change

Question: Discuss about the Aboriginal Education, Culture, Curriculum and Change. Answer: Introduction: The term aboriginal is used to define the native people of a region or a country. There are evolutionary tales that describe the origin of a certain race or tribe. Virtually every region has a distinct group of people that are said to have existed there since antiquity. (Augoustinos et al. 2009). In Australia, the same phenomenon applies. There are people who lived in the country, occupying the coastal stretches and the vast land in the whole country. Australia as a country had a government that developed policies that influenced the general lifestyle of the aboriginal people. In this discussion, the impact of the policies on the aboriginal people together with the effects on their education will be discussed. (Berndt et al. 2012) The aborigines of Australia can be dated back to the 19th century. During this period, they were not endowed with the capacity to read and write. (Mellor et al. 2012).The mode of communication was verbal. They often used native languages and traditional forms of communication. It is for this reason that they were not acknowledged. The introduction of the colonial masters further demeaned the aborigines. They were exploited and regarded as second class human beings. (Broome 2014, p. 87-90). The Europeans forced them to work on farms and industries with very little or no pay. The whites dominance was so intense that the aborigines efforts to mount a resistance could not bear fruit. Later on, there was a select group of people who were appointed to safeguard the rights of the aborigines. They included legal officers; although they were not remunerated appropriately thus their efforts were curtailed. The adoption of the Education Act was even detrimental to the lives of the aborigine children. This act gave power to the parents of European children to segregate them from those of the aborigines. This implied that the aborigine children were not supposed to study in the institutions where white children were taken. (Choo 2011, p. 165-173) The Australian nation had different territories. The arms of governments drafted very oppressive laws that worked against the aborigines. In 1905, there was an act that was enforced, demanding that young people be reprimanded to serve in harsh conditions. This year marked the beginning of a tormenting period, characterised by little regard to human rights. The aborigines had no chance to express themselves to demand for their rights. (Jones 2008, p. 56-67). They were limited in all kinds of freedoms. More specifically, they could not move to urban centres. Special officers known as the protectors implemented laws that curtailed aborigines from occupying residential areas where non-aborigines stayed. More so, the intermarriage between the aborigines and non aborigines was prohibited. To sort out the mess, children born of the two parties would be secluded from the aboriginal surroundings. The authorities believed that such children would adopt the uncouth tendencies of the aborigines which they were fighting to eliminate. (Chesterman et al. 2007) Racism took root and it was evident when policies were enacted to make it a law in Australia. The policies prevented the aborigines from intermingling with the public. Initially, the legislation was drafted with the intention to safeguard the rights of the aboriginal people but it was then turned against them. Deliberate attempts to change the laws could not favour the aborigines since they had already been affected by the ruthlessness of the law enforcers. (Berndt et al. 2012). The government machinery dug so deep into the welfare of the aborigines. Barely every aborigine can attest to the severity of the state influence. It is for this reason that the societal perception grew, every individual adopted the belief that aborigines should be wiped out from the whole of Australia. (Choo 2011, p. 165-173). Consequently, freedom fighters and human rights enthusiasts formed movements to fight this form of discrimination. Within little time periods, the movements had spread into all corners of the Australian territories. People were emancipated through access to information and sensitisation of human rights. (Larson et al. 2007) The Commonwealth Referendum of 1967 almost brought solace to the aboriginal race. The intention of this referendum was to empower the aborigines by granting them citizenship. However, there woes were not anywhere close to over. The fight for recognition was not abandoned. It should be noted that before the commonwealth referendum, the Australian government had began to loosen the grip on punitive measures against the aborigines. There were legal frameworks that were designed specifically to focus on the grievances of the aboriginal people. We can conclude that the aboriginal people were treated separately, so that the nature of the laws that were drafted was not in tandem with that of the rest of the Australian population. (Paradies et al. 2009) The aboriginal resistance was undertaken in various forms to dispute the oppressive measures cast upon them. One form of resistance was the journey they undertook on foot to demonstrate against forcible displacement from their land. This move was recognised in the whole region and more aborigines held rallies to demand for their rights. The efforts were rewarded through creation of an aborigine flag. Land laws were also enacted to protect the aboriginal land owners. (Larson et al. 2007). Until today, the aborigine race is still suffering from the nightmares of the colonial rule. The effects are majorly psychological since neo-colonialism is no longer prevalent in Australia. If this was the case, more physical torture would have been recorded even today. Despite the initial occupation status, aborigines are considered as intruders. The thought that they do not belong to a country is disturbing. The consequence of this state of mind is that one cannot develop in all spheres of life. For instance, they are limited to expand economically because of the existing prejudice. (Pedersen et al 2014). Other races may not see any good in them, therefore their desire to form networks may not be realised. The perception from across the nation implying that the aborigines are second class humans is detrimental. It kills their esteem. When children are denied basic life requirements, it is an indication that the future is hopeless as well. (Mellor et al. 2012). Parents who care abou t the future of their children suffer more consequences. Physical suffering is indirectly inflicted on the aborigines. In the colonial era, they were subjected to corporal punishment. In the modern day, they have been denied access to important resources hence they must spend double their efforts to get these resources. (Mellor et al. 2012). The Impact of the Australian Policy on the Aboriginal Education It is the sole responsibility of parents and the society to provide education to the children. This is one of the basic requirements in the growth stages of any individual. Education is an aspect that equips children with the capacity and skills that are relevant in the society. Through education, people become important members of society because they are able to trigger positive impacts upon others. Education is said to be formal and informal. Informal education takes place during early stages of life where children acquire skills by watching and listening to their peers during play time. (Paradies et al. 2009). Formal education is acquired in schools whereby skills are passed over to children. Here they get an opportunity to interact and develop on the knowledge they acquire in the informal set up. (Garvey 2007, p. 89-100) Education is an empowering tool and it is believed that the aboriginal people can gain access to vital social amenities if they embrace education. However, there are reasons why the aborigines have not been incorporated in learning institutions. Non-aboriginal people are more dominant. One reason is that many of the aborigines have been secluded and they live in areas that are remote. Their children cannot afford to travel to the learning centres. (Garvey 2007, p. 89-100). Given that aborigines are isolated in terms of resource allocation, many of them live devastating lifestyles and by consequence they are not able to pay for their education. Other livelihood demands are given priority since they need to sustain their families. Education does not feature among top priorities for the aborigines. The Australian government has laid strategies to change the status quo for this group of people but it still remains a tall order for them. For instance, there is a team of researchers trying to unravel the mysteries that bedevil the aboriginal population. They are trying to establish the reasons why there are large discrepancies in the admission of aborigines and other populations. (Campbell 2012, p. 54-55) Any government should focus on the education of its people. In this sense, the Australian government has the mandate to enlighten the citizens without any form of discrimination. The critical part is to ensure that policies are formulated in line with the demands of the current job specifications. It should also provide funds to assist families to pay for education. Australian state government enjoys a mutual relationship with the territorial set ups. (Campbell 2012, p. 54-55). They work jointly to finance and draft policies that sustain the Australian education system. They specifically address the needs of the aboriginal people by financing their education. Apparently, the Commonwealth organisation remits funds that are allocated towards aborigine education. More so, the government invests in research to upgrade the educational services rendered to this group. (Blagg et al. 2007) In the early 20th century, there was a widespread belief that the aboriginal people should not gain access to education. Despite the general mandate of state governments to emancipate aborigines, the policy to segregate aboriginal children from government institutions was still in force. It has to be noted that even the children were not allowed to intermingle because the aborigines were regarded as an inferior race. Due to this condition, very few aborigine children were educated. The restrictive policies forced them to be adopted in Christian centres. At least the environment here was accommodative hence they were able to study without prejudicial abuses. (Benterrak et al. 2006) The government of Australia later adopted a more hostile policy. It employed the services of officers who forced children to leave their homes and stay in the government owned schools and Christian outfits. It is regrettable that the nature of education offered was far from formal. The institutions trained on the Christian norms and virtues. (Blagg et al. 2007). They ignored the sole aim of inculcating life skills in the students. Unfortunately the training centres paid little regard to the ways of life of the aborigine population. This policy can be analysed from the perspective that many aborigines did not gain from the intended purpose of education. Instead it bred more deficiency to the population. (Barwick 2008, p. 78-88) The period before the 1960s was characterised by neglect of the aborigine grievances. Fortunately, the Commonwealth referendum was adopted. This was a reprieve venture for the aboriginal people because the referendum enabled the organisation to enact laws that would look into their interests. (Barwick 2008, p. 78-88). During this period, the Aboriginal Study Grants Scheme was also taking off. The Commonwealth legislation and formation of the above organisation was a formidable step that would lead to retention of aboriginal students in the learning centres. Aborigines could now have a voice. They were spirited and hopeful of a great future. The years went by but their dreams were shuttered along the way. Aborigines who finished their education could not secure white collar jobs. They were still discriminated against by the employers who preferred other races. (Augoustinos et al. 2009). In the 1980s, the Commonwealth body together with the federal state governments formed educational policies that still exist until today. The aims of the policies were limited to aboriginal education and overshadowed other factors. For instance, the poor conditions of living and low income levels were issues that were not addressed yet they are so critical. (Larson et al. 2007). Conclusion The education policies were created in order to enlighten the aboriginal population. However, the policies could not be implemented by most of the schools because of limited government support. In addition, the policies have been criticised by many scholars who believe that the policies do not represent the needs of the aborigines in an adequate manner. The history of the aborigines has been described and the gradual improvement is evident. In most cases, there are institutions such as the government and the non-governmental organisations that have attempted to emancipate the aboriginal people. Although the efforts have been quashed by several factors, most of the issues were addressed. It is wise for the other races to recognise that aborigines are human beings and they deserve respect too. If they abandon the discriminatory tendencies, then the world will be a better place for every person. References Augoustinos, M., Tuffin, K., Rapley, M. (2009). Genocide or A Failure To Gel? Racism, History and Nationalism In Australian Talk. Discourse Society, 10(6), 351378. Barwick, D. (2008). Rebellion at Coranderrk. Canberra: Aboriginal Affairs Victoria, 45(9), 56-60 Benterrak, K., Muecke, S., Roe, P. (2006). Reading the Country. Perth: Fremantle Arts Press, 6(4), 78-88 Berndt, R. M., Berndt, C. H. (2012). The World of The First Australians: Aboriginal Traditional Life, Past and Present. Canberra: AIATSIS, 67(7), 334-345 Blagg, H., Morgan, N., Cunneen, C., Ferrante, A. (2007). Systemic racism as a factor in the overrepresentation of Aboriginal people in the Victorian criminal justice system. Report to the Equal Opportunity Commission and Aboriginal Justice Forum. Melbourne: Victorian Government, 54(76), 98-111 Broome, R. (2014). Aboriginal Australians (2nd Ed.). Sydney: Allen Unwin, 32(9), 87-90 Bullimore, K. (2011). The Aboriginal Struggle for Justice And Land Rights. Federal States of Australia, 5(6), 654-666 Campbell, J. (2012). Invisible Invaders: Smallpox and other diseases in Aboriginal Australia, 17901880. Melbourne: Melbourne University Press, 13(34), 54-55 Chesterman, J., Galligan, B. (2007). Citizens Without Rights: Aborigines and Australian citizenship. Cambridge: Cambridge University Press, 67(8), 150-161 Choo, C. (2011). Mission Girls: Aboriginal women on Catholic missions in the Kimberley, Western Australia, 19001930. Perth: University of Western Australia Press, 45(6), 165-173 Garvey, D. (2007).The 3Rs of teaching Torres Strait Islander studentsrelationships, respect and reciprocity. In D. Garvey. Indigenous identity in contemporary psychology. Melbourne: Thomson, 78(43), 89-100 Jones, J. (2008). Prejudice and Racism. New York: McGraw-Hill, 34(6), 56-67 Larson, A., Gilles, M., Howard, P. J., Coffin J. (2007). Its Enough To Make You Sick: The impact of racism on the health of Aboriginal Australians. Australian and New Zealand Public Health, 31(4), 322329. Mellor, D., Haebich, A. (2012). Many Voices: Reflections on experiences of Indigenous child separation. Canberra: National Library of Australia, 53(1), 43-45 Paradies, Y., Cunningham, J. (2009). Ethnic and Racial Studies, Experiences of racism among urban Indigenous Australians: Findings from the DRUID study, 32(3), 54873. Pedersen, A., Beven, J., Walker, I., Griffiths, B. (2014). Attitudes toward Indigenous Australians: The role of empathy and guilt. Community and Applied Social Psychology, 14(5), 233249.

“Shower” 1999 Zhang Yang Commentary Essay Example

â€Å"Shower† 1999 Zhang Yang Commentary Essay Name: Course: Instructor: Date: We will write a custom essay sample on â€Å"Shower† 1999 Zhang Yang Commentary specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on â€Å"Shower† 1999 Zhang Yang Commentary specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on â€Å"Shower† 1999 Zhang Yang Commentary specifically for you FOR ONLY $16.38 $13.9/page Hire Writer â€Å"Shower† 1999 Zhang Yang Commentary â€Å"Chai {destruction in Chinese} is the theme of much contemporary Chinese visual art. It points not only to the physical demolition of the city scape but also, more profoundly, to the symbolic and psychological destruction of the social fabrics of families and neighborhoods† (Zhang, 138). â€Å"Shower† by Zhang Yang is undoubtedly a classic in Chinese cinema. The film is set in a dilapidated part of Beijing. It portrays a modern replica of the prodigal son who returns to the dwelling of his father and a mentally challenged brother. The father and the retarded son, Erming, have been working together to maintain a bathhouse that serves the community. Da Ming returns home having done well for himself as a businessperson back in Shenzen. After abandoning his father and brother for years, he comes back having married. It is unfortunate that the woman he married has never met the family. This is an emerging issue of social disconnectedness present in Chinese society today . The film presents serious societal issues and still manages to bring them out comically. Braester asserts â€Å"on the outskirts of major urban centers or in sparsely populated counties far from the metropolis, in areas formerly occupied by farms or barren land, the boomtowns known as ‘instant cities’ crop up† (1). â€Å"Shower† is proof that the community is dying out in China, with the collective culture dying out to pave the way for progress. When Da Ming comes from the city and finds that his father is still operating a bathhouse, Da Ming does not comprehend the necessity of operating the bathhouse for such a long time. He prefers automated bathhouses where one has to use a coin to start a bath. This is what he is accustomed to in the city. Zhang Yang is making a statement on the coldness and estrangement that is the feature of contemporary cultures. The predicament is that people in these societies are intent on living life individually and focus only on making money. This value is enabled by capitalism only ends in alienation from one’s family and friends. Zhang Yang manages to portray in the film that life is more fulfilling when one is among loved ones. Meaningful relationships can be developed where people care for each other. Da Ming realized that the bathhouse he despised had more value than what he had originally anticipated, as it was part of life in that small community in Beijing. Da Ming’s younger brother Erming is mentally challenged. It would be difficult for him to get a job anywhere else. The bathhouse has accepted him as an employee and as a member. He Zhang is financially obligated to some thugs, and he, therefore, runs away to seek sanctuary inside the bathhouse. As a result, Da Ming pays the debt on his behalf, making Da Ming understand the importance of the bathhouse and the relevance of a caring community. Something he did not have in the city. He has a hard time making a decision between his accomplishments in the city and the rediscovery of a better life in a home he abandoned. â€Å"China has achieved rapid transformation from a socialist police state to a post socialist consumer society† (Zhang, 43). This rapid transformation observed in the 90’s is what Zhang Yang tries to capture in the film ‘Shower’. A society, once a community, finds itself getting used to the idea of progress. Consumerism has gripped China and people want profit. Everybody in the small neighborhood in ‘Shower’ was distraught, when it was discovered that the bathhouse and the whole neighborhood was to be torn down to pave the way for the building of a new commercial district. They had nowhere else to go, and they understood that the destruction of their homes did not only mean losing their livelihoods, but also the friendships and families that were born there. Works Cited Braester, Yomi and Tweedie, James. Cinema at the City’s Edge: Film and Urban Networks in East Asia. Hong Kong: Hong Kong University Press, 2010. Print. Zhang, Yingjin. Cinema, Space, and Polylocality in a Globalizing China. Honolulu, HL: University of Hawaii Press, 2010. Print. Zhang, Zhen, Ed. The Urban Generation: Chinese Cinema and Society at the Turn of the Twenty–first Century. Alexandria, VA: Duke University Press, 2007. Print

The History of APA Writing Style

The History of APA Writing Style Have you been asked to prepare a report or research paper, and its been so long since youve written one, youve forgotten how? Maybe you simply havent ever learned the proper way to create a paper with secondary sources. Perhaps its simply been so long since you wrote a research paper that the rules have changed. Whatever your situation, APA writing is a good, solid place to start. You can create a sound, standard paper using the APA writing style. Using documentation for secondary sources, and some finer points of writing, you can make first-rate papers and reports, every time. The American Psychological Association established a style that it uses in all of its publications. This APA style has been adapted by many colleges, businesses, and institutions because of its stellar documentation system. You can learn the intracicies of APA easily nowadays by finding the best APA formatting software to instantly conform your paper to APA requirements. Using APA writing, you can be sure to have the correct format for all your report needs. From punctuation and abbreviations to construction of tables and presentation of statistics, you can create a paper that is easy to read and looks sharp. Moreover, you can be sure that whoever grades or edits your paper will find little wrong with its format.

Accounting for Defined-Benefit Schemes under IAS 19, Segmental Research Paper

Accounting for Defined-Benefit Schemes under IAS 19, Segmental Reporting - Research Paper Example There were some recent changes made in IAS 19 during June 2011 by the IASB and it has a significant impact on the accounting procedures to be followed by the entities regarding defined benefit schemes in the form of pension funds. The time was just right for these changes to take place because it was long awaited by people for IASB to make such changes. One of such change in the accounting of defined benefit plans is the recognition of changes in pension-related liabilities or assets to the immediate effect. Only Other Comprehensive Income (OCI) will include the actuarial profit or loss of an entity now. Previously there was another option of including such profit or loss in the income statement or making use of corridor approach by allowing deferred recognition of such profits and losses. This change can have a significant effect on the entities using the corridor approach by increasing the volatility in its balance sheets. The recent revision of IAS 19 reduces the complexity regarding the requirement of different accounting treatments to be followed in case of amendments in the plan or its curtailment. The accounting treatment of service costs in past whether it is vested or unvested is now aligned together. Costs related to defined benefit schemes are now required to be segregated into three different components, namely, service costs which should be presented in profit and loss statement, finance cost which includes the net interest of liability of defined benefit schemes and re-measurements that are to be included in OCI.

Human resource management1 Essay Example | Topics and Well Written Essays - 1000 words

Human resource management1 - Essay Example 2003, 17-22). Linkage is related to the amount of contact amongst the organization's planned planners, the HR department, and the managers who will be accountable for carry out the plans. Linkages can variety from minimal (groups working separately) to full incorporation (groups working interdependently), but they are classically mix together. For example, information pertaining to hiring may flow together ways, whereas information regarding financial support of projects might be handed down from the top management to HR. The suitable degree of connection depends on the business climate, organizational wants, and business strategy; however, a few linkage among HR and management is generally essential. A disconnect between planners and managers can effortlessly derail the planning and completion processes (Alavi, M., and Leidner, 2001, 107-136). This is not only theoretically dangerous, but also empirically dubious, and the claims have been extensively criticized elsewhere (Thompson and Ackroyd 1995; Thompson and Findlay 1999; Smith and Thompson 1998). So much emphasis is put on managerial discourses and systems that there is a consistent confusion between the technological potential for surveillance and the managerial capacity to monitor and manipulate, and between managerial discourses about correct behavior and the reality of continued misbehavior. Not only are intent and outcome very different in the workplace, there is plenty of case-study evidence that employees are aware of the gap between managerial rhetoric and action, often seeking to exploit it for their own ends. In the light of critical views of Tom Redman & Adrian Wilkinson, The stipulation of lots of social services occurs inside a structure that has been termed the "hollow state," an approach to policy completion that relies upon private or nonprofit organizations to bring certain public goods (Milward, Provan, and Else 1993). The "hollowness" of this system is needy upon the degree to which services are put into practice by nongovernmental organizations and measured along a diversity of dimensions counting the control retained by one or further public agencies, the degree of designation to nonpublic actors, the efficiency of coordination, and mechanisms to assess the delegated service delivery. When nonprofit organizations obtain contracts or funding to deliver public goods or services, the delegating agency assumes a enough level of capacity to put into practice the project or deliver the service. Though, if the nonprofit community-based organizations are too incomplete in capacity to c arry out their grants or contracts, then a disconnect occurs in the empty state. This disconnect may obvious itself either in the difference of capacity among the public and nonprofit sectors, or in the lack of capability in community-based nonprofit organizations (Tom Redman & Adrian Wilkinson, 2006). In the light of critical views of Karen Legge. Cross-national differences in institutional structures are probable to generate management practices that diverge from country to country, in spite of the fact

The European Modern Art in the Period of WWI Essay Example for Free

The European Modern Art in the Period of WWI Essay The early 20th century was a period of impetuous change. The First World War profoundly altered peoples understanding of their worlds. Early 20th-century art movements powerfully reflect this new mind-set. It was a brutal reality of war that was to give abstraction its edge. To those who survived the First World War it came to embody the collapse of traditional Western culture. What had started as an exercise in honor and chivalry (for Futurists) ended as mass destruction (for Dada artists). Moreover, the First World War forced many to reconsider the kind of value system and culture that could have permitted such an atrocity in the first place. As the war dragged on, more and more artists felt themselves compromised by the act of making art at least the kind of work that seemed so much a part of a larger, hypocrisy-hidden cultural machine. For many, to continue meant a drastic re-evaluation of the role of the art for themselves and their society. The result was a radically new way of looking at the world and at art – one that survives to this day. Daringly innovatory in technical terms, movements such as Cubism and Futurism, both of which were at their height around 1910–13, neglected traditional painting to probe the structure of consciousness itself. Though, it is to Dada and Surrealism that we should look for the most compelling explorations of the modern psyche, not least because both movements placed considerable emphasis on mental investigation. Dada partially saw itself as re-enacting the psychic upheaval caused by the First World War, while the irrationalism celebrated by Surrealism could be seen as a thoroughgoing acceptance of the forces at work beneath the coating of civilization. In this work I summarize the overlapping histories of movements of Futurism and Dada, first of all, and what common features link them. Also on particular examples of Boccioni and Jean Arp’s works I endeavor to find similarities and differences of these two movements. Futurist painting is a fascinating example of how seemingly innocuous pictorial movement can take on political and social aspects. The Futurists were for the most part a collection of modernist Italian painters who saw the destruction of the old and the glory of the new as the hallmarks of a truly modern artist. The Futurist movement burst upon the consciousness of an astonished public in the years 1909-1910. For the first time artists crossed over the line between conventional taste and new ideas. Taking their cue from the anarchists with whom as youths they were in sympathy, the self-styled Futurists published shocking manifestoes, governing their art and thoughts, the most famous of which was the Futurist Technical Manifesto  negating all past values, even art itself. Fighting their way towards a new liberty against apathy, nostalgia, and sentimentality, they became for a very wide public the symbol of all that was new, terrifying, and seemingly ridiculous in contemporary art. As for the term Futurism, there is no mystery about its origin, nor was it a word thrust by chance upon the artists as were Fauvism, and Cubism or Dada. It was coined in the autumn of 1908 by the bilingual Italian poet, editor, and promoter of art, Filippo Tommaso Marinetti, to give ideological coherence to the advanced tendencies in poetry. Because the Futurist painters early adapted to their own use some of the formal language of Cubism, their painting has often been considered a kind of speeded up version of that classically oriented movement. However the significant difference consisted in Futurism’s aim to represent motion, a goal better realized in moving pictures. Motion for the Futurist painter was not an objective fact to be analyzed, but simply a modern means for embodying a strong personal expression. In their iconoclasm and concern for the vagaries of the mind, they had not a little in common with Dada. The Italian Futurists were fighting the estrangement from the world, the lonely isolation of the individual that was not only the inheritance of the artist but a common threat to modern man. They rejected firmly the temptation to brood over mans plight, sentimentalizing over his helplessness in the way fashionable at the turn of the century. With Nietzschean arrogance they despised the weak and the timid, the thoughtful or hesitant, and wished to feel themselves rash, bold, and capable of infinite accomplishment. They wanted their art to restore to man a sense of daring, an assertive will rather than submissive acceptance. Perhaps the most talented Futurist artist was Umberto Boccioni, whose work and interests included both painting and sculpture. In his The Street Enters the House (Fig. 1) of 1911 it is quite apparent that he employed Cubist inventions for the depiction of a fractured space and the breaking down of forms across the picture plane. But to this he adds something Cubists had shied away from: color – the kind which illuminated and even decomposed forms. In this work forms, light and color melt into a frenzy of simultaneous activities, each actively pursuing the other for visual authority. The result is something like a visual noise, where each gesture or diminished form takes on the personality of a boisterous shout in a turbulent crowd. It appears that the radical Boccioni’s treatment of forms was to certain extent conservative. He never completely let go of the descriptive character of his work. In his sculptural work (Fig. 2) he maintains an awkward balance between the radical character of Cubist traditions and his desire to maintain a likeness. In this case, the piece looks like an icon to motion and progress and ironically discloses disdain for the whole history of figurative sculpture. Perhaps the greatest irony was the artist’s welcome to the First World War as a â€Å"cleansing† of culture. When the war was declared, he, like many of Futurists immediately enlisted and shortly after he was killed. Thus, with the horrors of the First World War, Futurism died too. Chronologically, the Dada movement (1915-1922) followed the Cubist style, from which it borrowed the papier collà © technique[2], and preceded the Surrealist movement for which it laid a foundation. Dada artists dismissed the canons of the traditional arts as well, considering their work to be non-art and, in some instances, even anti-art. More than anything else, Dada was an ‘avant-garde’ movement. The term ‘avant-garde’, which was first employed by the French utopian socialist Henri de Saint-Simon in the 1820s, initially had military connotations, but came to signify the advanced socio-political as well as aesthetic position to which the modern artist should aspire[3]. By the early 20th century, several key art movements such as Futurism in Italy, Constructivism in Russia or De Stijl in Holland, as well as Dada and Surrealism were pledged to contesting any separation between art and the contingent experience of the modern world. Appearing almost simultaneously in Zurich, New York, and Paris, the Dada movement did not represent a particular style of art as much as an intellectual rebellion of artists against the war and a general rejection of the formal traditions of culture and society. The term Dada was selected for the movement by opening a dictionary at random and arbitrarily selecting a word. This use of chance as a factor of determination and decision making would become systemized by the Dadaists in their work. The main practitioner of the art of chance was Jean (Hans) Arp, a Dada artist less inclined to grand gesture than on establishing a liberating, and thus in his opinion moral, work method for his art. The result can be seen in his Collage Arranged According to the Laws of Chance (Fig. 3). In this particular case, the actual work method is perhaps more noteworthy than the image it produced, and it hints at much larger issue in later art making – the supposed unlocking of the unconscious. Arp strongly believed that the unconscious existed and could be triggered, but revealing it required a radically different approach to art making. To produce this image, Arp simply dropped pieces of torn paper in a random manner onto a field of background color, and then glued the shapes down exactly where they fell. Such a method denies all possibility of craft concerns technical skills or even the simplest discretionary gesture on the part of the artist. All aspect of its production are left to chance. These pieces are seen as triggering mechanism to the unconscious, an activity in harmony with nature. The importance of Arp’s work lies in its acceptance of an uncontrollable event as at least as real as all of the intellectual conventions on which the European tradition was grounded. And at the time when many of these intellectual and cultural ideas were shattered by war, the unconscious might have seemed like the only place to hide. So we can conclude that both movements resemble each other in their striving to abandon conventional artistic approach and methods. However, in terms of art, Dada could be said to have had the most wide-ranging post-war impact, a fact which is paradoxical given Dadas anti-art inclinations. Dada committed itself to the deconstruction of lethal culture and its reconstruction according to more humane principles. Its success was constituted in the intensity and scope of its critique. The attitude towards the war of each of the movement was considerably predetermined by the period of their existence. Unlike Dada artists who survived the horrors of the war and under this experience reconsidered their understanding of art, Futurist artist believed in positive effect of the war. The analysis of the two artists’ works, representatives of both movements, displays the most striking difference existent between Futurism and the Dada movement, that is, art vs non-art forms. Figure 1. Umberto Boccioni The Street Enters the House 1911 Oil on canvas (100à 100.6 cm) Sprengel Museum, Hanover    Figure 2. Umberto Boccioni Unique Forms of Continuity in Space 1913 Bronze Height 110.5 cm Collection, The Museum of Modern Art, New York Figure 3. Jean Arp Collage Arranged According to the Laws of Chance 1916-17 Torn and pasted paper (48.6à 34.5 cm) Collection, The Museum of Modern Art, New York Bibliography: Braun, Emily. â€Å"Futurist Fashion: Three Manifestoes†. Art Journal. Vol.: 54. 1995: 34-49 Hopkins, David. Dada and Surrealism. Oxford: Oxford University Press, 2004 â€Å"Papier collà ©.† Wikipedia, the free encyclopedia. 2005. Retrieved on December 16, 2005 from http://en.wikipedia.org/wiki/Papier collà © Taylor, Joshua C. Boccioni. New York: Double Company, Inc [1] Emily Braun in the article Futurist Fashion: Three Manifestoes presents a profound insight of Futurists manifestos. [2] Papier collà © (French: pasted paper) is a painting technique and type of collage. With papier collà © the artist pastes pieces of flat material (paper, oil cloth and the like) into a painting in much in the same way as a collage, except the shape of the pasted pieces are objects themselves. (Wickipedia) [3] David Hopkins in his book Dada and Surrealism gives detailed survey of the historical, political and social backgrounds of Dada and Surrealism, as well as examines their relation to other movements that emerged at that period, 2.

The Japanese Attempt to Erase Korean Culture, History and Identity :: Japanese History Korea Japan Essays

Even though none of my relatives were killed or tortured by the Japanese, I am still afraid. I am afraid that my vicarious wounds still linger inside me, affecting everything I do. I know that they destroyed our cultural and spiritual circle that we maintained for five thousand years. They just had to leave a natural trace that actually became part of us. I don't know if I should hate them. It is ignorantly and unwittingly buried deeply in our unconsciousness. Natural hatred and attraction, like two inseparable sides of a coin, had confused me for so long. Because the scar still remains unhealed and too painful to ignore, and because I hesitate to hate what's part of me. Broken wings were all over the country. They were forced to tear their skin and delicate white feathers off, replacing them with acute and heavy pebbles that filled their lives with sharp pain and humiliation. It all came too naturally. My childhood desk was decorated with cute dolls in red kimonos, a gift from my father, and pictures that I took with Jini. Affectionately-spoken Japanese often filled my house, enabling me to learn some of the foreign words gradually. Kawai, kawai, Jae san wa kawai. I blinked my eyes and laughed a ticklish and bright child's laughter at what my grandma said to me. What does it mean, grandma? A calm, peach colored smile blossomed on grandmother's face. It means very, very, adorable. Another warm smile and a soft pat on my head. Kawai. I recited the word carefully while grandma and mom were having a short conversation in Japanese. In downtown Kyoto, Japan, there lies a small stone monument at the spot where the ears of Koreans taken to Japan during one of its invasions in 1592 were buried. Japan has invaded Korea numerous times in known history, but when it invaded in 1592, Japanese soldiers were known to have cut off the ears of Koreans they either killed or wished to humiliate. One Japanese scholar suggests that later Japanese regimes came to value noses over ears because, somehow, cutting off noses sounds more cruel" (Lee). Koreans love everything from Japan. On cafà © tables in Ap-Guh-Juhn-Dong, the Beverly Hills of Korea, Japanese fashion magazines lay arrogantly. Sony and PlayStation products are sold fiercely in electronics markets. Some Koreans even say that we should admire Japan for their economic success, technology, and lifestyle. Only when it comes to history do they go hysterical and anti-Japan, remembering repeated attempts at invasion until the Japanese finally succeeded in 1910.

Competition in Energy Drinks, Sports Drinks, and Vitamin-Enhanced Beverages

Case Study: Competition in Energy Drinks, Sports Drinks, and Vitamin-Enhanced Beverages ————————————————- [email  protected] com 1. What are the strategically relevant components of the global and U. S. beverage industry macro-environment? How do the economic characteristics of the alternative beverage segment of the industry differ from that of other beverage categories? Explain. Demographics: The total sale for beverages in 2009 in the US was about 458. 3 billion gallons and it is one of the largest markets with dollar value of 1,581. billion in 2009 and with a forecast of $1,775. 3 billion for 2014. 48. 2 percent of industry sales were from carbonated soft drinks and 29. 2 percent of bottle water industry sales. In 2009,The Alternative beverage industry included sports drinks, flavored or enhanced water and energy drinks made up 4%, 1. 6%, and 1. 2% of industry sales r espectively. The global market for alternative beverages in 2009 was $40. 2 billion, while it was $17 billion for alternative beverages in US market. It was $ 12. 7 billion and $9. billion for Asia pacific and European markets respectively. Market growth: The market growth has huge potential with the dollar value of the global market for alternative beverages grew at a 9. 8% annually between 2005 and 2009, but was expected to slow down to 5. 7% annually between 2010 and 2014. US is the country which has strongest growth internationally in term of alternative beverage sales with an annual growth rate of 16. 6% between 2005 and 2009 and a forecasted growth rate of 6. 7% between 2010 and 2014.Europe and Asia-Pacific grew at annual rates of 5. 3% and 5. 6% between 2005 and 2009 and were expected to grow at a rate of 4. 4% and 5. 1% respectively between 2010 and 2014. However poor economic conditions in the US in 2008 and 2009 led to a 12. 3% decline in sports drink sales and a 12. 5% de cline in flavored and vitamin waters sales. It was also the reason why energy drinks sales increased only 0. 2% between those years. Rivalry between competitors: Coca Cola, Pepsico and Redbull are the three big players that made the industry rivalry become global.However, there were hundreds of brands like Otsuko which were specialty yet regional brands that did not have a foot print internationally but were doing well in their own terms. Beverage producers had made various attempts at increasing the size of the market for alternative beverages by extending existing product lines and developing altogether new products. Social Forces: * Global beverage companies such as Coca Cola and PepsiCo had relied on such beverages to sustain in volume growth in mature markets where consumers were reducing their consumption of carbonated soft drinks. Expanding the market for alternatives beverages and increasing sales and market share, beverage producers also were forced to content with criticis m from some that energy drinks, energy shots, and relaxation drinks presented health risks for consumers and that some producers’ strategies promoted reckless behavior, the primary concern of most producers of energy drinks, sports drinks, and vitamin-enhanced beverages was how to best improve their competitive standing in the market place. Driving Forces for this industry: * Expanding Market share Desire to reach out to Consumer needs and meet the demand * Personalization of the Market Segments* Branding * Market Size * Maximization of Growth Potential General Economic Conditions: * Global growth is projected to grow at 3. 5 percent in 2012, then accelerate somewhat to 3. 6 percent from 2013-2014. In 2012 It is expected that emerging economies will be slow in growth by 0. 7 percentage points on average, going from 6. 3 percent growth in 2011 to 5. 6 percent in 2012, partly as a result of slower export growth and partly because several of them have been growing above trend an d the GDP Growth for the world is predicted to be at 3. . Things look a little slow but are picking up slowly and there is no recession in sight so far. This could really help the industries like Food, Beverages, Health surge ahead like they already are into the market with more percentage of market share and consumer usage based on the increasing numbers in the trend. Impact of Economic Factors: * Demand on beverages and alternative beverages should remain incremental or stable * Branded alternative beverages with national and international presence should do well * Business opportunities should be encouraged with fair and encouraging interest rates 2.What is competition like in the alternative beverage industry? Which of the five competitive forces is strongest? Which is weakest? What competitive forces seem to have the greatest effect on industry attractiveness and the potential profitability of new entrants? The Beverage industry is highly competitive and the segments that come into picture when it comes to competition are Distribution, Shelf management, Licenses, Brand name and Image, Pricing, Labeling and Packaging, Marketing and Advertising, Quality and taste, Trade and Consumer promotions and Branding. Competition with non-alcoholic beverages * Competition with Carbonated beverages * Competition with regional beverage producers and private label soft drink suppliers * Competition in maintenance of distribution network * Competition on quality and pricing* Competition on Branding, Labeling, Marketing, Packaging and Promotions. Bargaining power of Buyers: Strong * Convenience store, grocery store, and wholesale buyers had considerable leverage in negotiating pricing and slotting fees with alternative beverage producers because of their bulk purchases. New entrants with comparatively lower market shares are most affected with this like how it is mentioned in the case where the shelf space is limited to top brands like Coke, PepsiCo and Red bull for that p articular market segment. The larger brands like coke and Pepsi also already have spaces worked out with them for their other products and this makes it easier for the bigger brands to get their newer products in the shelf’s too. * Delis and restaurants have low switching costs to other brands but they have less volumes compared to stores and less space, shelfs etc. nd also will not have the same bargaining power that a store enjoys. * Demand is highly dynamic Bargaining Power of Suppliers: Weak * Suppliers for alternative beverages do exist in huge numbers and the competition is high * The producers of alternative beverages are important customers of suppliers and buy in large quantities. * Packaging is readily available Threat of Substitutes: Medium* Many substitutes like tea, bottled water, juices, nutrition water etc. have surfaced but the market is not as big as alternative beverages and this customer preference had weakened the competitive power of substitute beverages. Many substitutes that can quench the thirst of the consumers * Price point of substitutes is less compared to alternative beverages Threat of New entrants: Weak * Brand leaders already exist in the industry with competitive prices and well established distribution system * Convenience stores and Shelves across the stores are already in partnership with existing big-wigs * Customer loyalty towards branded products is high * Need for large financial resources and funds * High Brand equity for already existing and successful brands Threat of Rivalry: Strong Competition centers among major brands based on brand image, appealing taste, packaging, R&D, Marketing and Distribution capabilities * Attempts by all the brands to increase the number and types of products in their product line * Low switching costs for the consumers of the industry * Strong marketing campaigns by each brand to gain customer loyalty The Bargaining power of consumers and rivalry that exists between the competi tions in this industry contributes to the attractiveness of the industry.The numbers are promising, the industry is dynamic and increase in demand each year. The factors that affect the potential profitability of the new entrants are the Brand image, Distribution network and Product line breadth. 3) How is the market for energy drinks, sports drinks and vitamin-enhanced beverages changing? What are the underlying drivers of change and how might those forces individually or collectively make the industry more or less attractive? * Driving forces of the alternative everage industry are dependent on the creating/sustaining market demand, dynamics of the growth rate and product innovation. * Industry leaders established: Segments within the alternative beverage industry have consolidated as markets have matured and leaders have been established. Red Bull GmbH and Hansen Natural Corporation remained independent in 2010, Coca-Cola controlled such brands as Powerade sports drink, Fuze vita min-enhanced beverages, glaceau vitamin water and NOS.In addition, Coca-Cola distributed Hansen’s Monster energy drink in parts of the United States, Canada, and six European countries. * Changes in Long term Growth Rate: The recession had an impact on sales of sports drinks and flavored or enhanced water and has stalled growth in the market for energy drinks; there was also growing market maturity for most categories of alternative beverages. The annual rate of growth for the dollar value of the global market for alternative beverages was forecasted to decline from the 9. percent annual rate occurring between 2005 and 2009 to an anticipated annual rate of 5. 7 percent for 2010 through 2014. While dollar value growth rates were expected to decline only slightly in Europe and Asia-Pacific, the annual rate of growth in the U. S. was projected to decline from 16. 6 percent during 2005 – 2009 to 6. 7 percent between 2010 and 2014 * Product Innovation: The industry is conti nuing to evolve with introduction of new products that enable rise of new category of products.The recent introduction of energy shots is an example of how an innovation that has given rise to an altogether new sub-segment in the industry. * The creation of new product segments, the increasing positive trends in growth rate and increasing market share for each product are a good indication and good drivers of change that increase the attractiveness of the market for an emergent industry. 4) What does your strategic group map of the energy drink, sports drink, and vitamin-enhanced beverage industry look like?Which strategic groups do you think are in the best positions? The worst positions? The strategic group maps show the industry participants competing with axes of Geographic foot print and Brand. The Map shows that Industry giants like Coke and Pepsico are positioned strongest in the industry due to already existing contracts, supply chain, distribution network and shelf spaces i n retail spaces. * Red Bull is seeing a successful brand in Europe and the U. S. Hansen's Monster is also doing good standing up to the other market giants with distribution partnership with coke giving it the required space and opportunity to grab the market and hence can be considered at a favorable position. * Rock star has also been at a favorable position due to the same reason of distribution network partnership with PepsiCo* Companies with a single brand and regional distribution like Otsuko, Vitamin water etc. appeared to be at an unfavorable place with chances of competition gulping the market share of the small players very soon. ) What key factors determine the success of alternative beverage producers? The Key success factors for Alternative Beverage producers are * Constant Product Innovation: A company must be able to identify what a consumer is looking for and also maintain the ability to adapt with the changing market trends. They must be able to keep up and not lag behind. * Price: Price is always a factors in many cases and in this case consumers with a low brand preference will buy a product based on its competitive pricing * Brand Loyalty: Consumers are particular about what brand they purchase and they stick to it in most of the cases.This stresses for a superior brand image and quality * Distribution system: Probably one of the most important, Effective distribution channels will not only help reduce costs but also helps a company remain competitive. * Size and Scale: Successful alternative beverage producers were required to have sufficient sales volumes to keep marketing expenses at an acceptable cost per unit basis. 6) What recommendations would you make to Coca-Cola to improve its competitiveness in the global alternative beverage industry? To PepsiCo? To Red Bull GmbH? Recommendations to Pepsi Pepsico have to launch a major image building campaign for the most promising products it has. * Pepsico also needs to develop its own energy shot brand try to convince Rockstar to add an energy shot to its distribution agreement. * In addition, Pepsi should negotiate for distribution rights to European and Asia-Pacific market with Rockstar or launch its energy drink brands in attractive international markets. * PepsiCo can expand its foot print and focus on other international markets in energy drinks for more international presence and to utilize the demand of a branded and standard product.Red Bull is currently the number in the energy drinks category and they should really take advantage of that and come up with more product line extensions and more products so people can identify with that brand and try other products too. They should focus more on product innovation and product line extensions. Recommendations to Coca Cola * Coca cola should improve its product by innovating and building up good image to recapture the market share it lost in energy drinks category. * Coca cola should also try to create more rapid gr owth in vitamin-enhanced beverages and energy shots product. Coke should focus on products and Branding efforts to gain market and regain lost market share in energy drinks * It should build up its strength in term of alternative beverage sales in by pursuing acquisitions and focus on building its strength of sales in Asia and react quickly to solve the problem of lacking competitiveness in the European market for alternative beverages. * Coca cola can use a combination of new flavors and formulations, brands, line extensions, improved image building, and distribution capabilities to increase sales of alternative beverages internationally.Recommendations to Red Bull GmbH * Redbull should improve the performance of its recently introduced energy shots and continue to expand into rapidly growing country markets for energy drinks. * It is necessary for the company to maintain its lead in the U. S. and European energy drink market with additional product line extensions based upon produ ct innovation. * It should develop sports drinks or vitamin-enhanced beverages that can further exploit the appeal of the Red Bull brand 7. Using the data in Ex. 11, 12, 13 compare Pepsi, Coke, and Hansen.Who has been the most profitable? Who has better managed their expenses? Which business has shown the most growth? Which of the three would you give the strongest grade for their performance? * Using the data from Exhibit 11,12 and 13 for Coke, Pepsi and Hansen, Hansen seems to be the most profitable so far as it became the largest seller of energy drink in the US by leading most of alternative beverage categories. PepsiCo’s global market share in 2009 was 26. 5 percent, overcome by 11. 5 percent to Coca-Cola.The Coca Cola has better managed their expenses it was the third-largest seller of alternative beverage and in the top five best-selling non-alcoholic beverages worldwide in 2009. But they have lot of catching up to do. I would give the strongest grade for performance t o Hansen for its market share, range of products, product innovation and distribution strategies. Hansen also managed to have higher revenue growth and higher cash flow growth. Net Revenue| 2007| 2008| 2009| CAGR| Pepsi| 39374| 43251| 43232| 3. 17%| Coca Cola| 28857| 31944| 30990| 3. 40%| Hansen| 904465| 1033780| 1143299| 4. 50%| | | | | | | | | | Net Income| 2007| 2008| 2009| CAGR| Pepsi  5674| 5166| 5979| 1. 76%| Coca Cola| 5981| 5807| 6824| 4. 49%| Hansen| 149,406| 108032| 208716| 11. 70%| | | | | | | | | | | Operating profit| 2007| 2008| 2009| CAGR| Pepsi| 7182| 6959| 8044| 3. 85%| Coca Cola| 18451| 20570| 19902| 2. 55%| Hansen| 230986| 163591| 337309| 13. 40%| The company growth rate analysis of the three companies in terms of revenue, income and profit show that Hansen has higher percentage of growth rate well above the industry average. Hansen has greater revenues in the industry segment and higher customer demand and financial success.

The Body Shop International - Free Essay Example

Sample details Pages: 2 Words: 466 Downloads: 5 Date added: 2017/09/15 Category Advertising Essay Did you like this example? |Body Shop International PLC 2001 Case Study Solution Introduction to Financial Modeling | [pic][pic][pic][pic]The first question that usually proposed for this case study is in regards to the revenue issue; What was the cause of the lack of growth in revenue during the late 90s? The 2nd question deals with the rapid growth in 2001; What was the cause of the rapid increase in sales in 2001 and what were the negative impacts of the rapid growth. Issues surrounding the lack of growth in revenue: In the early to mid 90s, the revenue growth for Body Shop was at least 20% each year. But by the late 1990s, the revenue growth fell to 8%. Body Shop was able to grow at a fast pace early in the decade because of the lack of competition. But by the end of the decade, the competition grew fierce. Another reason for the slow growth in the late 90s was the over expansion in the previous years. Almost every mall in America (and shopping street in Britain) had a Body Shop. How would the Body Shop forecast earnings so they would not be blind-sided by another decline in OIBT? Don’t waste time! Our writers will create an original "The Body Shop International" essay for you Create order Financial Forecasting This case study is very simple and straight-forward. It usually is one of the first cases presented in class, as it is the first case in the book because it is the easiest. Because of the lack of revenue growth, Anita Roddick (founder of the Body Shop) was forced to step-down from the CEO position. The fresh management team, assembled by the new CEO Patrick Gournay, was able to increase revenue by 13% in their first year (2001). However, in their attempt to grow the revenue, they lost 21% in their OIBT. The major reason why this occurred was because of a lack of forecasting through the use of financial modeling. Key Aspects of the Body Shop Case Study (based on implied assumptions) 1. Because the hybrid method of financial forecasting is used, the cost of goods sold as a percent of sales should be addressed in your analysis. For example, the COS % of Sales is 42% in 1999, 39. 7% in 2000, 39. 8% in 2001, and you need to provide a forecast for 2002 2004. The COS % of Sales in the 3 year forecast should never go above 42% because of the current market conditions, and at best should increase to 41% in 2004. To be conservative, the 2002 and 2003 %s should average 40. 25%. (Another way to handle this is to do a sensitivity analysis; say the % was 35 for all 3 years, then do it again at 37, 40, 42 and 45 and show how this impacts the bottom line. Then choose the best estimate) 2. Revenue should grow 10 15% in 2002 2004. 3. Working capital should keep increasing over the forecasted time period. 4. At least 1 major competitor will go bankrupt, and another will be acquired by a company that is not the Body Shop.