Sunday, May 24, 2020

What s The Organization s Mission And How They...

The workplace is an environment many individuals have to get comfortable with and adapt to. The employees of an organization always see ongoing problems, but sometimes their superior fails to listen. I interviewed my father about his organization and asked for his thoughts on organizational cultures. Chuck William’s Principles of Management goes into detail about explaining the fundamentals of organizational cultures. William mentioned three levels of organizational culture: seen, heard, and believed. All three levels are critical to make an organization success or fail. I hope more organizations utilize this model as a key figure for their business to be successful. My father Agung Margono, currently works for an organization called Best Companion Care. Joyce Martin, the founder established the company in 1993 due to the lack of health care providers during the time. The organization is located in Pasadena, California and serves primarily the San Gabriel Valley area. The first question I asked was, â€Å"What’s the organization’s mission and how they accomplish their mission?† According to him, â€Å"The main goal of the organization is to offer health care and assisting services to those in their late years; basically help them with daily necessities to keep the patient comfortable† (Margono). For the second portion he answered, â€Å"Honestly, I think they accomplish their mission by only hiring those with a CNA (certified nurse assistant) or LVN (licensed vocational nurse) certificateShow MoreRelated1200 Words on Army Leadership1501 Words   |  7 PagesIn the army there are 3 main FM s that cover leadership. Th ey are FM 7-0, FM 7-1, and FM 6-22. The Army s definition of leadership is the process of influencing people by providing purpose, direction and motivation while operating to accomplish the mission and improving the organization. An army leader is anyone who by virtue of assumed role or assigned responsibility inspires and influences people to accomplish organizational goals. Army leaders motivate people both inside and outside theRead MoreOrganizational Goals955 Words   |  4 PagesAbstract Mission statements and organizational goals have evolved dramatically over the past twenty years. Once a mission statement was a simple statement that conveyed why the organization existed. Now, that same statement may include information about supporting sustainability and corporate responsibility. This document will look at trends within mission statements and goals. â€Æ' Organizational Goals According to dictionary.com, a goal is defined as the result or achievement toward which theRead MoreStrategic Planning For An Organization Essay1517 Words   |  7 Pagesfundamental factors in the success of an organization. This research project will discuss the importance of strategic planning as well as the different components of strategic planning. Many organizations fail to accomplish their goals and tasks due to the lacking of strategic planning. In order for their businesses to be successful, organizations need to be well informed about how the strategic planning process works. The performance of an organizations workers, as well as the effectiveness ofRead MoreStrategic Planning For A Software Company1316 Words   |  6 Pagesfor my company. †¢ Vision †¢ Mission †¢ Values †¢ Objectives †¢ Strategies †¢ Action plans First, I should set my vision and mission towards the company’s profile to set the future goal. Objectives are set to reach the destination by achieving or successfully completing all the strategies by following through an action plan. Developing a vision and mission statement is so important. It is the corner stone of every organization. Mission: It is a statement describing a company s function, markets and competitiveRead MoreThe Theory Of The Business Essay1597 Words   |  7 PagesAs stated, every organization, whether a business or not has a theory of the business. According the article, theory of the business are assumptions about markets, identifying customers and competitors, their values and behavior, technology and its dynamics, about a company s strengths and weaknesses, and these shape any organization s behavior and decision making (p.96). Many successful organization once established an assumption in which they built and manage their company to reach the pointRead MoreVision And Mission Of Starbucks Essay1235 Words   |  5 PagesRunning head: VISION AND MISSION STATEMENTS 1 VISION AND MISSION STATEMENTS 7 Vision and Mission Statements Hieu Le Columbia Southern University Vision and Mission Statements McDonalds is the largest fast-food chain, which serves more than 160 countries in the world. The firm grew gradually in the last two decades in terms of market shares, revenues,Read MoreFairleigh Dickinson University, Vancouver Campus.. Mads851 Words   |  4 Pages Vision and mission statements provide information about the organization. They appear in strategic and operational plans. How do you define vision and mission statements? How should they be developed and used? Ans – Vision Statement of an organization can be defined as an inspirational description of what an organization would like to achieve or accomplish in the mid-term or long term future. It becomes basis of choosing current and future actions for an Organization. Mission Statement ofRead MoreMission : A Holistic Gospel Of The Kingdom Of God1439 Words   |  6 PagesThe purposes of mission and missionary Christian believers who have made up their mind to be obedience to God and go out into the world to fulfill the great commission of the bible. Therefor go and make disciples of all nations, baptizing them in the name of the father and of the son and of the Holy Spirit, and teaching them to obey everything I have commanded you. And surely I will be with you always, to the very end of the age Matthew 28: 19-20) Mission mean sending out or assigned taskRead MoreThe Change Management Theories, Techniques, And Leadership Styles918 Words   |  4 Pages By studying the change management theories, techniques, and leadership styles to make managing changes successfully, it is necessary to attend to the wider impacts of the change. Considering the tangible impacts of change, it s important to consider the personal impact on those affected, and their journey towards working and behaving in new ways to support the change. The  Change Curve  is a useful model that describes the personal and organizational process of change. Change management focusesRead MoreFour Principles Of Management : The Four Functions Of Management937 Words   |  4 Pagesenvironment. Planning the process of determining the organizations objectives and deciding how to accomplish them. The planning of a business includes the outlining of a mission statement, goals, objectives, and etc... Mission or mission statement, is a declaration of an organizations fundamental purpose and basic philosophy. A mission statement is basically a statement of purpose. Vision and mission statements are also called statements of creed. It is controversially argued that the purpose

Wednesday, May 13, 2020

David Foster Wallace s Kenyon Commencement Address

In David Foster Wallace’s Kenyon Commencement Address, he uses this question, â€Å"What is water?† to illustrate to the graduates that some of the most obvious realities are hardest to see. Wallace uses this question to draw attention to his main purposes, how we choose to think about and see the world around us and simple awareness. Wallace argues that the world has become self-centered and tries to show us that an education is about more than just the knowledge gained, but about the awareness and being well-adjusted that helps you find your purpose in life. The way he presents the purpose of his paper in the form of relatable anecdotes instead of lecturing at the graduates, keeps them engaged and familiar with what he is saying. He is effective in making his speech easy to relate to and understand through his use of anecdotes, tone, emotional appeals and word choice. He is able to appeal to ethos by making the graduates think about how they go about living their everyday life. By giving them a personal example of how he used tom or sometimes still does, think, they can see that they are not alone in how they see the world. â€Å"This is not a matter of virtue. It’s a matter of my choosing to do the work of somehow altering or getting free of my natural, hard-wired default setting which is to be deeply and literally self-centered and to see and interpret everything through this lens of self.† He uses the self-centeredness of society to demonstrate that he was able to changeShow MoreRelatedFree Choice Of The Will By David Foster Wallace1899 Words   |  8 Pagesfocus to and choose what we worship. Augustine in the book On Free Choice of the Will, writes about the different types of goods and how are decisions are based on desire of those goods. David Foster Wallace also focuses on our decisions being based on what we worship in t he â€Å"Kenyon College Commencement Address†. A fulfilling and happy life is only achieved by making the right decisions, which is achieve by putting priority on the right desires. Augustine in the book On Free Choice of the Will,Read MoreFree Choice Of The Will By David Foster Wallace1873 Words   |  8 Pagesfocus on and choose what we worship. Augustine in the book On Free Choice of the Will, writes about the different types of goods and how are decisions are based on desire of those goods. David Foster Wallace also focuses on our decisions being based on what we worship in the â€Å"Kenyon College Commencement Address†. A fulfilling and happy life is only achieved by making the right decisions, which is achieved by putting a priority on the right desires. Augustine in the book On Free Choice of the WillRead MoreProject Mgmt296381 Words   |  1186 Pagestheir wives (Kevin and Dawn, Robert and Sally) and their children (Ryan, Carly, Connor and Lauren). C.F.G. â€Å"We must not cease from exploration and the end of all exploring will be to arrive where we begin and to know the place for the first time.† T. S. Eliot To Ann whose love and support has brought out the best in me. And, to our girls Mary, Rachel, and Tor-Tor for the joy and pride they give me. Finally, to my muse, Neil, for the faith and inspiration he instills. E.W.L Preface Since you

Wednesday, May 6, 2020

Art Appreciation Romare Bearden Free Essays

Therefore there is a rose in the painting as well I believe that is symbolizes the young lady worth. It appears someone was giving her a rose to make her feel better. The angel that appears in the painting symbolizes comfort, patience, protection, understanding, and others. We will write a custom essay sample on Art Appreciation: Romare Bearden or any similar topic only for you Order Now Bearden painting symbolizes that the African American struggles were not a Joke. In those times it symbolizes that it was still racism going on ith our culture. We were losing our Jobs, because we had people fighting for our rights, girls that were at the age of twelve had to quit school because they had to help out in their homes. This painting symbolizes a lot of things that was going on in the early and late 1960’s. As I said once before that the angel was there for many reasons as in comfort for the struggle, protection from the pain and destruction, understanding that there will be better times, and Jobs. Romare Bearden, Rocket to the Moon, 1971 to me is my favorite painting. It is really a collage fragments build a scene of quiet despair and stoic perservance. You can see in the painting that the rocket is headed to moon; however, while urban life below remains punctuated by a red stop-light. The definition of Stoic is an ancient Greek school of philosophy that asserted that happiness can only be achieved by accepting life’s up and downs. In this painting you have a lot of things that symbolizes the African American culture. The black cat represents the black panthers that were a group of an organization ith people who were fghting back for the black people. The picture of Martin Luther King Jr. symbolizes that he was involved in the Civil Rights Movement and he was an activist for the NAACP. I believe that this whole picture symbolizes the Harlem Renaissance that was going on in Harlem, New York. The Harlem Renaissance involves Langston Hughes, the different types of music, different type of dances, and different type of visual arts too. The Harlem Renaissance has brought African American to Justice to say we have something we can abide to. I believe that the red ight symbolizes to stop the violence and stop the racism. I believe that the green light symbolizes to let’s look at situations in a ditterent way than what the way we see them. Bearden makes an ironic statement, placing that we as African American has accomplished and still are making history every day. Bearden use a great visual statement placing America’s accomplishments in space alongside the stalled social and economic progress of many urban areas. As I come to my conclusion, Bearden use his visual art to describe the past, present, and future. He symbolizes that in Prevalence of Ritual, Tidings, 1967, there was an angel to protect and comfort the young lady through whatever her case was. The rose symbolizes that she has a destiny and a worth. The present symbolizes that we have angels that surrounds us every day. We as women have rights and have a destiny that can be fulfilled if we Just hold fast to our dreams. The future reference is to hope for better days, we have rights to do such as vote, and to visual art to is extinct to express who we are , our success, and where we come from. How to cite Art Appreciation: Romare Bearden, Papers

Monday, May 4, 2020

Dramatic impact Essay Example For Students

Dramatic impact Essay The play I am studying is called The Inspector Calls. In this essay I will assess the dramatic impact of the inspector in the play with reference to one other character in the play.  The Inspector Calls was written in 1945 but set in 1912. This means that the audience has insight into the future. For example when Mr Birling states The Titanic-she sails this week-forty-six thousand eight hundred tons-forty six thousand eight hundred tons- New York in five days-and every luxury-and unsinkable. In this situation the audience would be feeling rather smug because they know that the Titanic does sink. Priestly was aiming to show that everybody in the society should be responsible for their own actions instead of just thinking of themselves. He also shows that people should be treated with the same respect whoever they are. Lastly Priestly tries to make people think about their place in society and the effects of their actions. This is revealed as Priestly takes each character in turn and explains to them and the family how their actions have affected Eva Smith. We will write a custom essay on Dramatic impact specifically for you for only $16.38 $13.9/page Order now Before the Inspector arrived the well off family, The Birlings, who wrongly believe they are better than other families, were having a party to celebrate their daughter Sheilas engagement to a man called Gerald Croft who was also very well off. Everyone appeared extremely happy and all of them friendly to each other like a family. Then the Inspector entered. The lighting changes from pink and intimate to brighter and harder. The effect of this is that the audience becomes aware that a more sinister atmosphere is approaching and also increases the temper and emotions in the characters. Also making the play more watch able for the audience. The Inspector immediately quietens the atmosphere. By doing this he makes the mood of the celebration tense. He does this by singling out one person personally and asking the questions he imposed specifically to them. He is described as a not very big man. However he also states that he creates a massiveness, solidarity and purposefulness. Priestly also describes him by saying that he speaks carefully, weightily and has a disconcerting habit of looking hard at the person he addresss before speaking. There is an air of menace about him, unlike the other characters in the play. He is single minded in pursuing his chosen line of investigation. He is so certain about his facts that he unsettles the audience because they can tell that there is something strange about him. When the Inspector is around nobody challenges his version of events. This is because he speaks with a lot of authority so nobody questions him and immediately thinks he is right. However the other characters question these facts after he has left. The Inspector is extremely confident when speaking. This conveys to the audience that he is more powerful than the other people in the house. Furthermore it makes him seem strange and suspicious to the audience. This is because he seems to know everything the family is going to say before they say it. Also, he does not really uncover the truth, he already knows it. He only uncovers it for the characters benefit. This makes him not like a real police inspector because they uncover the truth creating tension. The Inspector acts like a narrator in the play. He tells the story at his own pace. The Inspector links separate incidents into one coherent life story. He often supplies dates or fills in back ground. This adds to the tension because the audience does not know where and from whom the Inspector got the dates and the character background information. .uf251f2424a98411f6358e025964f696e , .uf251f2424a98411f6358e025964f696e .postImageUrl , .uf251f2424a98411f6358e025964f696e .centered-text-area { min-height: 80px; position: relative; } .uf251f2424a98411f6358e025964f696e , .uf251f2424a98411f6358e025964f696e:hover , .uf251f2424a98411f6358e025964f696e:visited , .uf251f2424a98411f6358e025964f696e:active { border:0!important; } .uf251f2424a98411f6358e025964f696e .clearfix:after { content: ""; display: table; clear: both; } .uf251f2424a98411f6358e025964f696e { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf251f2424a98411f6358e025964f696e:active , .uf251f2424a98411f6358e025964f696e:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf251f2424a98411f6358e025964f696e .centered-text-area { width: 100%; position: relative ; } .uf251f2424a98411f6358e025964f696e .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf251f2424a98411f6358e025964f696e .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf251f2424a98411f6358e025964f696e .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf251f2424a98411f6358e025964f696e:hover .ctaButton { background-color: #34495E!important; } .uf251f2424a98411f6358e025964f696e .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf251f2424a98411f6358e025964f696e .uf251f2424a98411f6358e025964f696e-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf251f2424a98411f6358e025964f696e:after { content: ""; display: block; clear: both; } READ: An Inspector Calls Report EssayHe undermines that the characters complacent assumption that they are decent citizens. Each character finds this a devastating experience. The characters that resist telling the Inspector the truth suffer more than people who are open with him. For example the Inspector says to Gerald . if youre easy with me, Im easy with you. He makes no judgement upon Gerald and also tries to stop Sheila from blaming herself too much. However he begins to loose patience with Mr Birling. For instance Dont stammer and yammer at me again, man. Im losing patience with you people He is an enigmatic figure. We never learn his first name causing the audience to wonder who he really is. He neither changes nor develops, but frequently repeats, I havent much time. This creates tension because the audience do not know why he has so little time. Inspector Gooles name is a pun on ghoul a malevolent spirit or ghost. He could be seen as some kind of spirit, sent on behalf of the dead girl to torment the consciences of the characters in the play, or as a sort of policeman conducting an inquiry as a preliminary to the Day of Judgement, or even as a for warming of things to come. This adds to the tension because the audience does not know who the Inspector is. Priestly did not want to tell the audience who the Inspector really is. To reveal his identity as a hoaxer or some kind of spirit would have spoilt the unresolved tension that is so effective at the end of the play. The Inspector behaves as the voice of social conscience. For example You see, we have to share something. If theres nothing else, well have to share our guilt. He is a socialist meaning that he believes that everyone should share. The character I am studying is called Eric and he is Mr Birlings son. Eric is characterised as half shy, half assertive. At the beginning of the play he did not know what his parents were really like and at the end of the play he did not like their real personalities. He conveys the difference between young men and older men. This is shown when Eric does not catch onto the jokes Mr Birling and Gerald share. For example in Act one when the Inspector rings the doorbell, Gerald and Mr Birling shares a joke and Eric says, Here what do you mean? and when he realises it was a joke he says Well, I dont think its very funny. This shows the difference in age between the three and also makes Eric seem very young like hes being treated like a young child. When Eric says Here, what. he does not share the joke again between Mr Birling and Gerald. He attracts attention, and then suspicion, by his evident alarm at the news of the Inspectors visit. This makes the audience think that Eric could be hiding something. Eric arouses curiosity with his sudden guffaw in Act one. This may mean that Eric knows something about Gerald that the others do not because Sheila has just been scolding Gerald for not seeing her over the summer because of his work.

Sunday, March 29, 2020

Bio Lab Essay Example

Bio Lab Essay Example Bio Lab Essay Bio Lab Essay Santiago NevillePeriod 110/14/12 Enzyme lab Enzymes are biological catalysts that speed up the process of chemical reactions. They are also proteins, and most enzymes activities occur within organism. They decrease activation energy, energy that is needed to start a chemical reaction. Enzymes are substrate specific substrates ending in -ase, enzymes ending in -ase. External factors, such as temperature, pH, and concentration of the substrate, affect the enzymes activity in the lab, pectase and cellulase will be used to compare different enzymes on apple sauce. The lab is designed to investigate the effect of different enzymes on apple juice production The combination of pectinase and cellulase will be the most effective simply because two is better than one. MATERIALS: apple sauce, pectinase enzyme, cellulase enzymes, funnels, filter paper, lab aprons, splash-proof goggles, paper towels, stirring rods, graduated cylinders, access to the water, paperclips, access to a stop watch, and access to a triple bean balance. Procedure: 1) Collect materials 2) Follow safety protocol ) Measure 1 tablespoon of apple sauce and place it in a cup 4) Add 10 drops of pectinase to the apple sauce and stir for 1 minute 5) Line a funnel with a coffee filter, place funnel in a graduated cylinder, empty the mixture into the funnel, and let it filter for 5 minutes. 6) Record the amount of juice collected 7) Repeat steps 1-5 with cellulase and water. Enzyme Lab 4 3. 2 3. 1 3. 28 2. 4 1. 6 Cellulase Pectinase C+P Water 0. 8 0. 86 0. 52 Amount of apple juice in ml A mount of apple juice in ml 0 Average Type of Enzyme Conclusion: Enzymes are catalysts that speed up the process of chemical reactions. They are also proteins, and most Enzymatic activities occur within organism. They decrease the activation energy that is needed to start a chemical reaction. The problem was the effect that different enzymes have on apple sauce, and the lab was designed to investigate this. The combination of pectinase and cellulase will be the most effective simply because two is better than one. The hypothesis was correct because it collected the most amount of apple sauce with 3. 28 ml. We tested the enzymes by mixing it with apple sauce. We got our results by seeing which one collected the most apple sauce. The combination of both pectinase and cellulose was the most effective on apple juice production with 3. 28 ml. The water was the least effective with 0. 52 ml of apple juice collected. In the lab we all collaborated to get the most valid results we could get. The results were collected by testing each mixture in the same way and kept all the control variables constant. This experiment is valid because the controlled variables were kept constant. The independent variable was the type of enzyme or mixture we tested. The dependent variable was the amount (in ml) of apple juice that would be collected out of the coffee filter paper. The controlled variables were: to keep the amount of apple sauce the same, the size of the coffee filter paper, amount of each mixture, amount of time spent on mixing it with the apple sauce and the amount of time allowed letting it drop through the filter paper. The experiment taught us that the combination of the two enzymes was the most effective. Santiago Neville Biology Honors period 1

Saturday, March 7, 2020

Managerial Finance essayEssay Writing Service

Managerial Finance essayEssay Writing Service Managerial Finance essay Managerial Finance essayIn actuality, the activity based costing is one of the widely-spread accounting methods. At the same time, in spite of its popularity, this method still evokes criticism from the part of opponents of this method, who believe the activity based costing to be unreliable accounting method. Nevertheless, the effectiveness of the application of the activity based costing in the accounting depends on the nature of business and organisations. At any rate, the empirical study shows that the activity based accounting may be successfully applied in some organisations, although it may fail in others. Therefore, the activity based costing is applicable but its efficiency differs depending on the particular organisation, the essence of its business, industry, business environment and other factors that may affect the efficiency of the activity based costing.In its essence, the activity based costing (ABC) is the accounting method that involves the assessment of activities performed by a company and on the ground of such assessment indirect costs are assigned to products of the company. In such a way, companies conduct the assessment of their indirect costs on the ground of the analysis of costs of different activities which are directly or indirectly related to the production of certain products or services. As a result, the ABC involves the analysis of all activities within the organisation that ultimately affect the costs of the production of the organisation.At the same time, it is worth mentioning the fact that the analysis of all costs implies the analysis of all activities, which is not always directly related to the production process or manufacturing of particular products. The ABC orients on activities of organisations and their costs rather than on the direct costs of certain products or costs of their production. In such a way, ABC method uses the indirect analysis of costs of products or, to put it more precisely, it involves the analysi s of indirect costs of products and their production.The major advantage of the ABC method is the recognition of the close relationships between costs, activities and products. In such a way, the revelation of indirect costs with the help of ABC can help to assess indirect costs related to specific products. The analysis of indirect costs is very important for organisations, especially in case of companies that have a complex organisational structure, such as multinational corporations (Mocciaro, Destri, Picone Min, 2012: 94). Large companies have the complex organisational structure that means that they have multiple costs which are not directly related to the production process or to specific products. As a result, companies have difficulties with the adequate assessment of their costs and, therefore, costs of specific products.At this point, it is worth mentioning the fact that, if companies cannot define accurately the costs of the particular product, including indirect costs, they cannot set absolutely fair price. In other words, companies may set either too high price that would be unfair in relation to customers and put the companies into a disadvantageous position compared to rivals, who may sell the similar product at the lower price. Or, on the contrary, companies may set the price at the too low level. In such a case, sales of the product will not cover the costs of its production, including indirect costs, to the full extent. As a result, the company will suffer financial losses and deteriorate its marketing position in a long-run perspective.However, critics of the ABC method of accounting (Sapp, Crawford Rebishcke, 1990: 1223) argue that it is not always possible to assign certain costs to specific products. For instance, it may be difficult to trace the correlation between managerial costs and a particular product manufactured by the company. In fact, if a company cannot trace accurately the correlation between specific activities and their co sts and relate them indirectly to the costs of specific products, the company may face difficulties with the adequate and accurate assessment of the costs of production and specific products (Drucker, 2009: 129). In such a situation, companies face the high risk of errors in the course of the accounting based on the use of the ABC method. As a result, many companies prefer other methods, including traditional ones, to calculate their costs and conduct their accounting, being uncertain in the reliability of the ABC method.Therefore, being good in its intention to reveal the close correlation between costs, activities and products, the ABC method is still imperfect and the criticism of this method is, to a significant extent reasonable. In this respect, it is important to place emphasis on the fact that errors in accounting may be intentional and unintentional. In this regard, the ABC creates the risk of the emergence of intentional errors in accounting, when companies want to increas e or decrease their costs pursuing their business goals, for instance, to attract investors. Moreover, top executives of companies may manipulate with accounting using the complexity of the ABC assessment of indirect costs of specific products. As a result, such top executives can create schemes with the help of which they can increase or decrease indirect costs to hide substantial financial losses of their company, for instance. In such a way, drawbacks of the ABC can create the ground for manipulations and intentional errors in accounting. At the same time, there is a risk of unintentional errors in accounting, when companies just fail to assess accurately indirect costs of products and correlate them to diverse activities conducted within the companies.On the other hand, the criticism of the ABC method does not necessarily mean that this method cannot or should not be applied successfully. On the contrary, today, the ABC method has become particularly popular in the manufacturing sector, where it is easier to trace the direct relationship between costs, activities and specific products manufactured. In actuality, many companies operating in the manufacturing sector use the ABC successfully and conduct the accurate assessment of indirect costs of their products. The popularity of the ABC method in the manufacturing sector is the result of the specificity of the manufacturing sector and the ABC method. To put it more precisely, the manufacturing sectors involves activities which are all directed at the production process. As a result, the assessment of costs of those activities almost always lead to the revelation of indirect costs of specific products because there are no alternative activities that are not related somehow to the production process and to the manufacturing of the specific product.At the same time, limitations of the ABC method prevent its wide use in the service sector and some other sectors, where it is difficult to trace the direct correla tion between specific activities, their costs and services or products provided by the company for customers (Velmurugan, 2010: 12). The unwillingness of companies operating in the service sector to use the ABC method is also the result of the specificity of the sector and the ABC method. Unlike the manufacturing sector, the service sector cannot always provide accountants with the accurate information on various activities performed by companies which are directly or indirectly related to the costs of particular products. As a result, accountants face difficulties with the identification of all indirect costs and all activities related to the production of specific services or products. In such a way, companies operating in the service sector and some other sectors prefer refusing from the ABC and using traditional methods of accounting to ensure the high accuracy of accounting and prevent the risk of errors.Thus, the activity based costing is an effective and popular method of acc ounting, which though cannot always be applied successfully. In actuality, the ABC method is very popular in the manufacturing sector but companies operating in the service sector, for instance, prefer using traditional methods instead of the ABC because they consider those methods more reliable. Such disparity in the use of the ABC in different sectors is the result of the specificity of the accounting method because the ABC method focuses on the analysis of indirect costs of products through analysis of costs of activities performed by the company which are directly or indirectly related to specific products. The more difficult it is to trace such correlation the less accurate the ABC method becomes. In the manufacturing sector it is easier to trace such correlation compared to the service sector, for instance. Hence, the ABC method is popular in this sector.

Thursday, February 20, 2020

International business & strategic management assignment - 1

International business & strategic management - Assignment Example The Danish political system focuses on increasing international security and stability, which will be essential in handling the demands and expectations of the international investors. Denmark has a population of 5.6 million with a GDP of $211.9 billion per annum. In addition, the region has approximately $37,900 income per capita with an inflation rate of 0.8 percent. Similarly, the nation has an unemployment rate of 7.1 percent and the FDI inflow of $2.1 billion (Denmark, 2015). Denmark is one of the global nations with low-context culture, which is essential in determination of the consumer behaviour. For instance, in Denmark, rules are important while knowledge is publicly accessible. In addition, message is delivered best verbally in comparison to non-verbal attribute. Technology continues to shape operations and transactions by business entities. In the banking industry in Denmark, technology plays a critical role in the automation of the operations. For instance, banking industry provides online and mobile banking and the private investment in accordance with the needs of the target audiences. Denmark focuses on the promotion of environmental protection mechanisms and strategies in the midst of global warming or climate change. This makes it essential for the internal and international investors to focus on the adoption of environmental CSR programs and strategies for protection and conservation of the environment. Denmark legal system focuses on the illustration of critical regulations and rules for the opening of retail banking. It is the obligation of the internal and international investors to adopt and comply with such regulations. Prior to 2015, South Africa had one of the most stable political systems in the world. In addition, the political policies and regulations provide the perfect platform for the growth and