Saturday, December 28, 2019

U.s. Relations With Colombia - 1022 Words

Working title Under the government of the President James Monroe in 1822, U.S opened up relations with Colombia; with a strategical interest for both nations. The agreements were based in expanding commercial relations and strengthen amity. However, U.S relations with Colombia took a different turn as a result of a new era Colombia’s civil war and drug trafficking . The interest of improve the foreign policy and the security of both countries; In order to maintain the U.S relations with Colombia, an analysis of the conflict in Colombia has to be made to protect the U.S national interest. Historically, the relations between U.S and Colombia have been marked the foreign policy and the international trade. Nevertheless, the civil war in Colombia have shifted this relation. In Colombia, the establishment of The Revolutionary Forces of Colombia (FARC) and the leftist National Liberation Army (ELN) during the 1960s created the beginning of an era of terrorist and drug trafficking. The FARC beg an forming in 1966 inspired by the Cuban Revolution with a left-wing nationalism and Marxism-Leninism. FARC’s actions trough the history has been involved with terrorist against of the population in Colombia. As well, thousands of peasant farmers that have been obligated to produce illicit drugs in their own properties controlled by the guerrillas. Nowadays, the FARC has been the largest and oldest insurgent group in the Americas. The FARC has been roundly criticized for initiatingShow MoreRelatedEssay on Columbia1712 Words   |  7 PagesAmerica’s War on Drugs Chaos best describes the current state of the Republic of Colombia. Rebelling terrorist groups from within the country threaten to topple Colombia’s actual government. Again and again, Colombia has shown its inability to fight the rebelling terrorists and simultaneously protect its civilians from harm. America has several reasons to intervene, with its military force if necessary, in Colombia. America must be protected against drugs and the countless crimes and social problemsRead MorePanama Foreign Policy Essays796 Words   |  4 Pagespetite country. Democracy has shaped their foreign relations, therefore diplomacy has been the only way in which they dealt with big powers to smaller countries. Panama has developed a friendly, although rational communication with Asia and communist countries, meanwhile having a tight relationship with the West and the other sovereign states. It moves on, puts aside burden of the past and focus to have a wide and in depth relationship with Colombia and Costa Rica, the border countries of the smallRead MoreThe United States and Colombia1578 Words   |  6 PagesThe United States and Colombia have had a long standing relationship through the course of history. There have been trade agreements signed by the two parties; also negotiations have taken part in regard to development strategies on the part of the US to promote the rule of Democracy and it’s institutions in Colombia, where illegal armed forces sought to control many aspects of the country’s development. Aside from trade agreements the United States and Columbia have also had agreements related toRead MoreWhat Was The Failure Of The Peace Process1033 Words   |  5 Pagesmilitary relations. The guerrillas, as previously explained, slowly increased their membership, largely to the credit of the demilitarized zone. The paramilitaries developed during this time as well, actually gaining dominance in coca, oil, and agro-producing regions. This enabled the paramilitaries to gain an upper hand in drugs and arms smuggling. Similarly, government forces were increasing in size and strength, having benefitted from the United States’ newly implemented Plan Colombia. The ColombianRead MoreThe Role of Regional Integration in Promoting Global Business.1157 Words   |  5 Pagescombined for the two countries is estimated at 70 million. â€Å"Most major cities are often located on the coast of either the three main waterways bordering the region- the Pacific Ocean, the Atlantic Ocean and the Caribbean Sea. The two Andean States of Colombia and Venezuela are located in the northwestern part of the continent. They both are Caribbean-bordering countries. Two independent states and a dependent state are located in the Guiana Highlands. Guyana, Suriname and French Guiana, respectively areRead MoreThe War on Drugs1350 Words   |  6 PagesHowever, these developments have also led to the decline of several social and political situations within, as well as outside of, America, such as the amplification of the inequality in the United States and the challenging of the internal peace of Colombia. Drug addiction citizens of US toelichten + wat heeft de drug policy ermee gedaan (algmeen; vooruitgang, achteruitgang / meer of minder drug abuse) Since the 19th century drugs have been present in the United States and what are considered ‘hardRead MoreThe Impact Of Latin American Culture On Latin America1656 Words   |  7 Pagesfor drugs was just in the border of their own country. The easily corrupted officials allowed the drug organizations to achieve excellent networks of transportation and thus reducing costs.† (Feron). The drug trade is one of Latin America’s, mainly Colombia and Mexico, largest contributions to globalization. â€Å"While cocaine, heroin, and marijuana have long figured as primary trafficked products, in the recent past drug trafficking organizations (DTOs) have increased shipments of methamphetamines. YetRead MoreWar On Drugs : A Comparative Analysis Of Human Rights Violation1339 Words   |  6 Pagesthe War on Drugs campaign began there has been a more complex relationship between the U.S and Latin America. While the media portrays the U.S as providing aid to Latin America to comb at such issues, the U.S is also seen as a victim in the war on drugs. Over the course of the war on drugs numerous human rights violations have been reported. In some Latin American countries, such as Mexico and Colombia, the U.S military and economic aid involvement contributes to human rights violations while creatingRead MoreIntroduction Of The Global Economy1147 Words   |  5 PagesStephanie White Professor Greer Introduction to the Global Economy 8 November 2015 Venezuela Venezuela, also known as the Bolivarian Republic of Venezuela, is located on the northern coast of South America and is bordered by Brazil, Colombia and Guyana. The main language spoken is Spanish, but there are numerous other languages spoken around the cities. In Venezuela, there is no dominant ethnicity. Nationalities can range from Spanish and German to African and Arabic. The major religion is RomanRead MoreColombi The Worst Humanitarian Hotspot2070 Words   |  9 PagesColombia Politically, economically, and culturally, Colombia is known as â€Å"the worst humanitarian hotspot† (nationsonline.org: 2015) and it is because of its association with the drug cartels. Colombia is a northern South American country that emerged from the collapse of Gran Colombia in 1830 when Venezuela and Ecuador also emerged. It is a mountain-like, grassy, and tropical country that possesses natural resources ranging from coal, natural gas, and emeralds. Colombia’s agriculture produces coffee

Thursday, December 26, 2019

Ethical Behavior in the Marketplace and How it Relates to the Marketing Concept Free Essay Example, 1250 words

The unethical marketing practice of many companies has been identified during recent years also. For instance, the global fast-food chain McDonald was accused of unethical marketing because the typical burger patty is supposed to contain more fats than any other food. This unhealthy food is marketed by the firm using several appeals and people at large are motivated and tempted to consume the food that is unhealthy. As a result, there were some legal actions also taken against McDonald. A mother of two launched a class-action lawsuit against McDonald's in California in which she claimed that the company attracts the kids towards unhealthy food through their marketing strategy of giving toy with the meal (Olson, 2010). Similarly, American tobacco company Philip Morris is also criticized for unfairly luring American smokers through deceptive marketing practice and manipulated marketing campaigns that totally ignore the harmful effects of smoking upon human health. Due to the unethical marketing practice, the advertising campaign of the company was banned in France (Ziemba, 1996). These examples ascertain that unethical market is being practiced by the companies commonly in different ways where the marketing strategy works to appeal people towards the product while overshadowing its negative effects that is a major violation of the marketing and advertising ethics. We will write a custom essay sample on Ethical Behavior in the Marketplace and How it Relates to the Marketing Concept or any topic specifically for you Only $17.96 $11.86/page

Friday, December 20, 2019

The Moral Value Of Ethics - 1261 Words

Deontology Of the many theories non-consequentialism produces, one is called Deontology. This theory states the only way to complete a moral action is by doing ones duty. In Deontology, the end result is irrelevant meaning bad consequences have no affect on the morality of the action. The thesis I will prove is when deciding on the best course of action the principles of Deontology ethics and their emphasis on considerations of doing ones duty, offer effective framework for the moral value of actions. Immanuel Kant is an influential figure of Deontological Ethics. He proposed three laws called â€Å"The Categorical Imperative† to decide whether an action is ethical or not: 1. Act only according to that maxim by which you can at the same time will that it should become a universal law. (Ibid., 422) 2. â€Å"Act as though the maxim of your action were by your will to become a universal law of nature. (Ibid) 3. â€Å"Act so that you treat humanity, whether in your own person or in that of another, always as an end and never as a means only. (Ibid., 429) (McCormick) These rules apply as though all agents are rational beings. These laws prevent duties to be subjective, inconsistent and irrational. In order for a law to be universal, we must consider the â€Å"Golden Rule†--that is, treat others as you want to be treated. This rule keeps actions in a type of check and balance. As rational agents, we can assume we should not lie to others, as we would not appreciate to be lied to. This alsoShow MoreRelatedMorals, Values, And Ethics1092 Words   |  5 PagesMorals, values, and ethics are conditions which represent a person character, view of their society, and culture. Morals and ethics are two principles that are similar in that it includes how decision are made either good or bad (Remley Herlihy, 2016). As a future, mental health professional, it is essential to have sound judgement when making decisions that will ultimately impact clients. We will review morals, ethics from my perspective. Influence Being raised to have strong faith, courage,Read MorePersonal Morals, Ethics, And Values868 Words   |  4 PagesPersonal Morals, Ethics, and Values My own set of moral beliefs have been established over the years through the interactions I have had with family members, friends, and institutions such as schools, church, and work. I grew up in a very large family. My Mom was one of nineteen children, I am the oldest of six. There are at least 100 close family members between aunts, uncles, cousins, second-cousins who all grew up with in the same small coal-mining town of Plymouth, Pa. My set of moral valuesRead MoreThe Moral Ethics And Value Of A Person1513 Words   |  7 Pagesirrational in their decision making despite of their own diet research not being accurate enough to treat ALD. Virtue Oriented Theory The moral ethics and value of a person and his or her character is the emphasis of virtue oriented theory. It focuses on moral character of an individual. As Edge Groves stated (2006), the behavior of an individual with certain moral characteristics will play itself out in doing what is right in the end. For example, if a person has always been conscience of beingRead MoreMorals, Values, and Ethics Essays478 Words   |  2 PagesMorals, Values, and Ethics Morals, values and ethics define who we are and what we believe. Culture, religion, and many other things affect our beliefs. One uses various types off ethics when surrounded by different groups. Knowing between right and wrong is a good foundation to practicing good ethics and morals. These things make morals, ethics, and values important in society. Many things can contribute to what you think is morally right or wrong. Religion, for example, may create a barrierRead MoreEthics And Moral Properties And Values1193 Words   |  5 Pagescontrol whether they blush or not (Devon, 2016). Emotions, like attitudes, help define and express a person during different unique situations. Ethics are the concept of behaviors depicted to be right and wrong. There are three areas covering ethics as a whole. The first division of ethics is metaethics which researches the foundations of moral properties and values. Two other important topics falling under metaethics are egoism, and altruism. Most actions by individuals are considered selfish even ifRead MoreMoral Ethics And Values Based Dilemmas871 Words   |  4 PagesMoral ethics and values-based dilemmas are ethical principles that difficult to handle at a workplace when employees have to choose what is wrong and right according to their own ethics. An effective ethics program must complement the values of the organization along with the values in the law. Good ethical behavior for any business is always a fundamental to its success. The main key for business owners and managements is to ensure all employees understand all the ethics. This paper discusses howRead MoreEthics and Moral Values in Professional Context1719 Words   |  7 PagesPROFESSIONAL ETHICS AND MORAL VALUES SHALABH KULSHRESHTHA FACULTY OF ENGINEERING, DAYALBAGH EDUCATIONAL INSTITUTE Direct_2_shalabh@yahoo.com INTRODUCTION Ethics, also called MORAL PHILOSOPHY, the discipline concerned with what is morally good and bad, right and wrong. The term is also applied to any system or theory of moral values or principles. How should we live? Shall we aim at happiness or at knowledge, virtue, or the creation of beautiful objectsRead MoreMy Values, Morals and Ethics Essay976 Words   |  4 PagesWhat is Ethics? In Webster dictionary website define ethic is an area of study that deals with ideas about what is good and bad behavior: a branch of philosophy dealing with what is morally right or wrong. We have ethical training in the military to create a universal standard of behavior because morals are so variable and linked to religious belief. They cannot tell people what religious behaviors to have but they can create a universal ethical guidance. Many people might think of ethic is commonRead MoreEthics : A Theory Or System Of Moral Values Essay1987 Words   |  8 PagesEthics Ethics is a topic that is brought up regularly, especially when it comes to the business world. In business it is imperative that you have a strong ethical conviction, otherwise it can be very easy to cross lines that you can’t come back from. There are countless examples of how businesses turn out when they employ people with strong ethics, and contrary to that you can see what happens when employees of a company show poor ethics. Merriam-Webster Dictionary defines ethics as â€Å"a set of moralRead MoreFaith, Morals, Ethics And Cultural Values1077 Words   |  5 PagesStories have great power to shape, inform and transform our lives. Through stories important traditions, morals, ethics and cultural values are passed down from generation to generation. In the same way the Bible is the story of God that has the power to transform our lives. The captivating and transforming power of story in preaching forms the foundation of Dan Boone s Preaching the Story that Shapes Us. Dr . Boone shares why he believes that narrative preaching is the best way to preach the story

Tuesday, December 17, 2019

Characteristics Of A High Quality Program - 1203 Words

When researching early childhood programs, it’s important to look for characteristics of a high quality program. Components and characteristics of a high-quality program include, but are not limited to: a curriculum that is developmentally appropriate; teachers with adequate training; a safe environment; small group size and low adult to child ratios; and communication between parents and teachers (Schuyler Center for Analysis and Advocacy, 2012). Developmentally appropriate curriculum means using knowledge about child development to create a program that is suitable for the age and stage of development of the group of children you are teaching. At the same time, your program considers the needs of each individual child† (â€Å"Developmentally†¦show more content†¦Rooms should be organized for the safety and supervision of all children. Materials that are age-appropriate should be safe, and accessible to the children. Adequate staff must be available to meet an d ensure that all needs are met appropriately. High-quality programs should accommodate for indoor and outdoor play, and space for active and quiet play. Activities should allow for gross motor development, and provide safe surfaces for the children in case of falls or accidents. To meet the needs for emotional safety, staff should be understanding to the anxiety felt by both child and parent after separation, and help to ease this anxiety. Consistent schedules and clear expectations of staff and an age-appropriate environment will help to settle the child into the program, and provide a feeling of safety. The National Association for the Education of Young Children (NAEYC) has described a high-quality program as providing a â€Å"safe, nurturing environment that promotes the physical, social, emotional and cognitive development of young children while responding to the needs of families.† Early childhood education and interventions have various benefits for children. Experimental evidence has proven that program intensity matters, and that early intervention home-visit programs support cognitive development benefits with an intensity level of three visits per week (Powell Grantham-McGregor, 1989; Ramey Ramey, 1998). In one study in particular, it was

Thursday, December 12, 2019

Dreams and Intuition free essay sample

This paper is about the effect that dreams have on us as individuals and how intuition can be tapped into by using our dreams as tools, through a review of Frances Vaughns Awakening Intuition. Can dreams help us be more creative and intuitive in our lives? This paper is a quest for more answers on this subject. It asks questions like: How do dreams that we receive when we are asleep help us in our waking lives? If we tap into these dreams and allow ourselves to be completely open to whatever may come we might just open up to pure insight and intuition. The paper also includes expert opinions on the subject. According to Frances Vaughn author of Awakening Intuition , Carl Jung believed that dream content did not necessarily conceal or disguise psychological truth, but actually revealed it. Jung felt that dreams could reveal hidden conflict or problems, or point the way to an unrecognized possibility of future development. We will write a custom essay sample on Dreams and Intuition or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page (Vaughn, 1979). I believe this to be true because I feel that all dreams are creative and that dreams are our most intuitive resource for understanding and unfolding the mind. Many people work out business deals in their sleep. Many others such as painters, sculptors and musicians etc can create artwork while sleeping. And some can even go to bed with their problems and after waking up they realize the problems have been solved while they were sleeping. I would like learn to do this by becoming more open to my own intuition. This sounds like a positive way of growing, a way to self-discovery, and a path to higher learning, and self-growth.

Monday, December 9, 2019

Development Trend Of Management Accounting -Myassignmenthelp.Com

Question: Discuss About The Development Trend Of Management Accounting? Answer: Introduction The organizational and the present statutory requirements that the management of the firm should consider is a strategic plan for achieving the business plan effectively. This can be achieved by decreasing the gross profit by 1% so that the firm incurs a stable revenue in spite of the trading period being tough. $70,000 has also been added to the advertising budget for the achievement of the larger market sector. Moreover, the wages and salaries apportioned for the firm have been increased by an amount of $172,500. The statutory requirements include the superannuation to be of a 9% of wages and salaries. The payroll tax is 4.75% of wages and salaries. The workers compensation accounts for 2% of wages and salaries. The company tax is 30%. Luxury Car tax, Payroll tax, Fringe Benefits tax and GST are the tax related liabilities of VTI Homecare Pty Ltd. The compliance requirements for VTI Homecare Pty Ltd under the Corporations Act 2001has been that there should be a defined code for governing the conduct of the employees and a suitable structure regards to corporate governance. The financial reporting to ASIC should be processed in such a way that it reflects the true and fair view of the company. The audit of the financial statements should also be carried out annually in order to adhere to the requirements of the Corporations Act, 2001. Moreover, the VTI Homecare Pty Ltd should also arrange for a board of directors[1]. The sustainability and the effectiveness of the accounting software, MYOB can be obtained from the facilitation of widening of the visibility scope and business performance. The simplification of the complicated business activities and the acceleration of the speed of the business operations by the further simplification of the management structure is facilitated by the accounting software, MYOB[2]. The other accounting software that are commercially available are Xero and FreshBooks. These accounting software have been the primary competitor of MYOB. FreshBooks has been the mostly used accounting software by the small business owners. This particular accounting software can be utilized on any device like android, iPhone, iPad or Mac. The cost of installation of FreshBooks is generally high. Xero is the accounting software that is primarily designed to suit any business irrespective of the nature of business conducted by the business firm. The facilities offered by Xero are a simplified setup process, clarified recording of the transactions, a proper overview into the current financial health of business and other associated benefits. The only disadvantage provided by this particular accounting software is that the small business owners cannot afford it[3]. The matching principle can be applied by recording the income along with the relevant expenditure for the purpose of ascertaining the profit. The account group indicates the summary of accounts that has been grouped in terms with the specified criteria and can be referred to while the budgets are prepared. It is always recommended to prepare the budgets on the basis of a specific time-period. This is because the budget prepared for a specified time period results in more accurate forecasts. The implication of probity results in the financial probity. The insurance of the management in regards to the funds is facilitated by the financial probity along with the agreement with the fact that the legal obligations have been met. The advertisement expenses have been reduced in the first quarter of the financial year of 2016-17. The salary and wages have been increased in the first quarter of the financial year of 2016-17 and the gross profit have been reduced by 1%. The items that can be included in the budgets for VTI Homeware Pty Ltd are transportation, staff amenities and office expenses. he internal controls that should be implemented in the organization for functioning the smooth operation of business is segregation of duties. The sales budget has been prepared by gathering the relevant information. The most important outcome that has come up with the preparation of the sales budget is that the revenue in regards to the sale of bedroom decorative has increased from $848,562 to $1,018,274. This reflects the demand for bedroom decorative in the market. This budget reveals the total amount of GST to be paid is $406,905 The financial probity in regards to the preparation of the budget has been that all the financial transactions in regards to the debtors have been financially recognized and legally met. The variances have generally occurred in regards to the expenses. This can be assumed as a result of the faulty accounting information system that has recorded the mistaken value of the transactions. However, the other reasons might be the elevation in the price of the raw materials or price level due to the inflation in the economy[4]. The financial performance of the firm has not been well. The margin in regards to the gross profit margin has decreased. The management of the firm should take enough initiative by boosting the sales activities of the firm by rigorous advertising campaigns and other promotional activities. Internal controls like the segregation of duties should be implemented while utilizing the accounting software[5]. The particular recommendation in regards to the specified case is that the management should consider restructuring the entire sales process. The marketing strategies implemented by the organization should be reviewed and improved. Moreover, the internal controls should be qualitatively improved [6]. The primary issue with the selected firm, VTI Homeware Pty Ltd has been that the accounting software utilized in the firm is faulty. Thus, it is highly recommended that the firm considers the installation of a new accounting software. The management should also consider the innovation of the products in order to derive increased sales revenue. The internal controls existing in the organization should also be reviewed and modified and new controls should be implemented in order to make the implemented strategy, a success[7]. References Amirul SM, Mail R, Bakar MA, Ripain N. Information Technology Knowledge and Skills for Accounting Graduates: An Insight from Public Accounting Firms. Indian Journal of Science and Technology. 2017 Mar 20;10(12). Aziz MA, Ab Rahman H, Alam MM, Said J. Enhancement of the accountability of public sectors through integrity system, internal control system and leadership practices: A review study. Procedia Economics and Finance. 2015 Jan 1;28:163-9. Balsam S, Jiang W, Lu B. Equity incentives and internal control weaknesses. Contemporary Accounting Research. 2014 Mar 1;31(1):178-201. Boulianne E. Impact of accounting software utilization on students' knowledge acquisition: An important change in accounting education. Journal of Accounting Organizational Change. 2014 Feb 25;10(1):22-48. DeFond ML, Lennox CS. Do PCAOB inspections improve the quality of internal control audits?. Journal of Accounting Research. 2017 Jun 1;55(3):591-627. Dimitriu O, Matei M. Cloud accounting: a new business model in a challenging context. Procedia Economics and Finance. 2015 Jan 1;32:665-71. Drew J. Accounting firms moving slowly toward cloud. Journal of Accountancy. 2015 Mar 1;219(3):44. Ge W, Li Z, Liu Q, McVay S. The effect of internal control on corporate corruption: Evidence from China. National Natural Science Foundation of China Project. 2014 Nov 4(71332008). Hooghiemstra R, Hermes N, Emanuels J. National culture and internal control disclosures: A cross?country analysis. Corporate Governance: An International Review. 2015 Jul 1;23(4):357-77. Islam K, CH AR, Bilal AR, Ilyas MU. Accounting Information Systems: Traditions and Future Directions (By Using AIS in Traditional Organizations). The Journal of Internet Banking and Commerce. 2017 Jul 27;22(2):1-3. Kelly M. Best Business Accounting: Quickbooks51 Reasons Why. Kowalewski M, Niedzielska J. A Study of the Financial Accounting Software Used by Small Enterprises in Olsztyn. Olsztyn Economic Journal. 2015(10 (3)):233-45. Machado M. Management accounting software and accounting practices: empirical study on SME enterprises. WSEAS Transactions on Business and Economics. 2016(1):94-103. Newton NJ, Persellin JS, Wang D, Wilkins MS. Internal control opinion shopping and audit market competition. The Accounting Review. 2015 May;91(2):603-23. Quinn M, Kristandl G. Business information systems for accounting students. Pearson Education Ltd.; 2014 Apr 3. Rahman MM, Elahi T, Gupta S, Rahman I. Assessment of Accounting Software Practices in Small Medium Enterprises (SMEs) of Bangladesh: A Survey of Barrier and Adoption (Dhaka City). Sampaio D, Bernardino J. Open source accounting software for SMEs. International Journal of Business Information Systems. 2016;23(3):287-306. Tuzarov S, Mejzlk L. The IFRS Assessment by Publicly Traded Companies. InThe Impact of Globalization on International Finance and Accounting 2018 (pp. 341-346). Springer, Cham. Zhou Z. 90. Framework and Development Trend of Management Accounting Information SystemBased on the Empirical Analysis of Guangju Energy Chemical Listed Companies. Boletn Tcnico, ISSN: 0376-723X. 2017 Oct 6;55(9). Zimmerman J, Libby DV. BASIC BOOKKEEPING AND ACCOUNTING FOR THE PRIVATE PRACTITIONER. Handbook of Private Practice: Keys to Success for Mental Health Practitioners. 2017 Mar 13.

Thursday, December 5, 2019

Evaluation of Financial Condition of Next Plc

Question: Discuss about the Evaluation of Financial Condition of Next Plc. Answer: Introduction: The Company Next Plc is retail marketing company in United Kingdom. The company deals with clothing, shoes and accessories of women, men and children. The company had opened its first store in the year 1982. The store contains an exclusive collection of clothing, accessories and other things for women. The Company Next now operates in almost 40 countries across the World. The clothes and accessories of the Company are designed by their in house team that has made a rapid success in their business (Pharoah and Walker 2015.). The research work is to evaluate the performance of the Company over the last few years. The Company has introduced new features such as online marketing and internet Book for shopping in the year 1999. The Company has shown a rapid growth in sales and marketing since then (Dunis et al. 2017). The profit figures of the company have shown an upward trend over the years. The main competitors of the Company are Sainsbury, Tesco which also trades in retail marketing. The asset liabilities of these companies are to be checked in this research to identify the liquidity position of the business (Maynard 2013). A comparative study of the share prices of these companies, profit figures of these companies has been studied using ratio analysis. Research aim and objective: The research has been conducted the study to know about the financial position of the company Next Plc from 2010 to 2015. The main aim of the research is to know about the financial stability of the Company Next Plc. The research also aims at depicting the significance and the financial techniques that can be used by the investors to get knowledge about the financial condition of the Company (Singh 2014). The research also compares the financial condition of the Company with other companies such as Sainsbury, Tesco Plc and others. This research will also help the share holders and investors of the Company to get an idea about the financial condition of the Company and to decide whether to invest in this Company. Research Objective: The main objectives in this research work are: To determine the financial position of the Company Next Plc. To determine how relevant are the financial technique that are used to determine the financial position of the Company. To give a clear idea about the financial position of the Company that will help the investors to understand the current situation of the Company. To find out some recommended measures that will eradicate the financial problems in the Company. Research questions: The main research questions used for the research study are as follows: What is the current financial position of the Company Next Plc.? What are the changes in the financial condition of the Company Next Plc. Over the last few years? How is the Company Next Plc. Performing over the years with regards to their financial position? What can be said about the financial stability of the Company Next Plc.? What is relative change in the ratio over the years? Background issues related to the research: The Company Next Plc. is an online retail Company that trades in clothing. The Company has started in the year 1982. The Company now has almost 500 stores in the country United Kingdom and 200 stores across 40 different countries over the globe. The company is one of the leading retail trading Company in United Kingdom. The Company is one of the chief competitors of the Company Sainsbury and Tesco. The company Sainsbury mainly trades in food and non food retail products. The Company Tesco is also a retail products Company that trades in variety of goods. Despite these two Companies, the Company Next Plc. Has established itself as one of the leading company in United Kingdom. The Financial position of the Company, the assets, liabilities of the Company and the share price of the Company needs to be studied based on the financial report of the Company. The various ratios like profit ratio, quick ratio and others has been calculated that will give a idea about the current financial posi tion of the Company. Justification for the research: The research work has been conducted to know about the current financial position of the Company Next Plc. The research will analyze the financial growth of the Company. The research will also compare the growth of the Company with its competitors. The research will help the investors of the company to take financial decision about investing in the Company. Business Discipline and academic area that relate to the research: The financial condition of the company is being used in this research area. The background study says that the company Next Plc. has captured the retail market within a short span of time. The profit figures of the Company have shown an increasing trend. The financial condition of the country is being analyzed in this report. The reasons for the success of the company have also been discussed in this research work. The Company Next is a listed Company in the London Stock Exchange. The company is actually a British multinational clothing Company that trades in Foot3wares, accessories, clothing and other commodities. Te Company has its headquarters in Enderby, Leicestershire. The Company is mostly based in United Kingdom. More than 500 stores of the Company are located in United Kingdom and Ireland. There are almost 200 stores located all over Europe as well as in Asia, Europe and Middle East (Sethi, Martell and Demir 2015). The Company Next Plc has over taken the Company Marks Spencers. The early history of the Company dates back to 1864 which was founded by Joseph Hepworth as a tailor. The Company has flourished its business over the years and employs almost 50000 employees. The profit of the Company has been estimated to be 634.9 million (Munteanu 2015). The Company Next Plc has shown a rapid increase in the sales over the years. The financial report of the company states that the operating profit of retail has increased by 4.8% from the year 2015. The sales of the Company have increased by 1.1%. The net trading space that is the area of the stores has not increased as such. The new states have opened at many places while there is a closure of the old stores. The net trading area for retail stores is 275000 square feet in the year 2016. The Company has a goal to increase this space to 35000 square feet in the year 201. The overseas sales of the Company have also increased by 6.5%. The Company has also launched a mobile phone app and an iPad app for its customer. The iPad app gives a better view of the product of the customers. With the help of the mobile phone app the customer can get a better view of the product. The pages of the app site are like the pages of the catalogue. The Company however has kept its catalogue as most of the customers of the company are used to shop with the help of the catalogue (Datta, Gopalakrishna-Remani and Bozan 2015). The Company operates its sales activities through three different platforms. The first is through the retail stores. There are almost 500 retail stores located in United Kingdom and other European countries. There is also another method of home shopping. The Company publishes a home shopping catalogue through which the customers can do home shopping. The company gets almost 3 million customers through this home shopping catalogue (Maynard 2013). There also International stores through which the Company gets International customers. The revenue growth of the Company has increased from 2013 to the year 2014. The growth rate of the Company Tesco has shown a negative growth. The Next Plc. on the other hand has shown a rapid growth in the sales figures and in the profit as well (Teodor, Maria and Bogdan 2015). The Company Sainsbury is also a retail trading company. This company is also a major competitor of Next Plc. According to some recent study, the profits of the grocery giant Company Siansbury has declined. The sales of the Company have been decreased by 1.1% in the year 2016. The share price of the company has also decreased by 4% in the current year. All these has contributed to the growth of the Company Next Plc. The sales of Next have also decreased from February to April in the year 2016. The sales of the Company have decreased by 0.9%. The Company however has expected that the sales of the Company will remain in between a fall of 3.5% and a rise of 3.5%. The retail sector is a place of great up down in market trends. The share price of the Company grows or falls to great extent. This creates great problems to the investors of the business. For example, the share price of the company Tesco has declined by 49% while for Sainsbury; there is a decrease of 27% in the share price. Thi s financial report also aims to give an idea about the future sales of the Company Next Plc. from the previous years sales figures (Schmidlin 2014). The financial performance of the company refers to the use of assets to generate the revenue of the Company. In order to make decisions about the financial condition of the company, the ratio analysis of the company needs to be done (Sethi, Martell and Demir 2015). The income statement o the Company needs to be studied in this respect. The return on equity, net profit margin of the companies also needs to be studied. The shareholders equity of the Company gives an idea about the financial condition of the Company (Coulson and OSullivan 2014). The competitor companys financial condition also needs to be studied to get a clear idea about the current financial position of the Company. The Company Tesco is a chief competitor of the Company Next Plc. The analysis of the financial statement of the two companys states that both the companies are top listed in the London Stock Exchange. The company Tesco has declined in the market in the past few years. The company revenue growth of the comp any Tesco has decreased over the last four years (Schrmann 2016). The Company Next however has given a high performance in the market. The profit figures were high for a considerable period of time. There a lot of factors that has contributed to the growth of the Company (Schmidlin 2014). One of them is the changing consumer behavior in the retail market. The popularity of online shopping has made the customers to shift from ordinary method of shopping to the use of internets for shopping. The profit of the company has risen by 10.9%. The online shopping has been introduced by the Company in the year 1999. This has led to the span of their business across 70 countries outside United Kingdom (Johal, Vickerstaff and McAuliffe 2014). The Company has also adopted many new methods of business such as home delivery, next day delivery and others. The retailer allows the customers to collect and return clothes at any of the stores located across the country. The Company has focused more on their customer services to give a better quality of service (Evans 2013). There is an in-house delivery service provided by the company to deliver the large items directly to the customers home in the weekends. The customers can also order at any time and check the payments in their accounts. This gives a clear idea about the transactions (Tsegba and Upaa 2015). The Company has also taken care of its corporate social responsibilities. The corporate social responsibility in this firm is mainly concerned with the ethical and environmental issues related to the business. The Company uses the policy of Corporate social responsibilities. However, the corporate social responsibilities are not visible as such. According to Haddock and Rigby (2015), the financial performance of the company Tesco has been declined over the few years. The report analyses the four years financial data from the year 2011 to 2015. The report also tries to find out the main cause of the decline in trade of the company. The lower performance has been mainly due to the competition from other retail companies. The report also states that the change of the directors of the company and lack of proper leader has led to the decline of the company. The research also gives an idea about the possible measures for the recovery of the current situation of the company. The company has recovered a great deal by adopting several measures after the financial crisis. According to Nalwaya and Vyas, the merger and acquisitions on the financial performance of a company has to be studied to get an idea about the financial performance of the business of a company. The two companies Hutch and Vodafone are chosen for the purpose of the study. The data collected for the study is secondary data. The data are collected from the financial report of the companies. The quick ratio, gross profit ratio, net profit ratio, return on investment, earnings per share, debt equity ratio has been calculated for the study. The comparison of these ratios has been done with the help of paired sample t-tests. The 95% confidence interval has also been calculated for the research work. The study reveals that the earnings growth has increased after the merging of the two companies. According to Haddock and Rigby (2015), the performance of any company is greatly affected by the financial condition of the company. The report aims to analyze the financial performance of the life insurance companies of India. The financial ratios have been calculated for this study. The financial performance depends on various parameters. The liquidity ratio, solvency ratio, profitability of the firms is being calculated for this purpose. 18 Indian life Insurance companies have been chosen for this purpose. A linear regression model has also been fitted for this study. The regression has been conducted to see if the factors have any influence on the profitability of the life insurance companies. The results of the study reveal that the liquidity and size has a positive influence on the life insurance company while the capital has a negative impact on the life insurance companies. The previous literatures give an idea about how the research can be carried out. The research question in this research work is to determine the financial condition of the company Next Plc. The literatures are mainly theoretical research. This research study is based on the financial performance of the company. The first research is not so helpful for the study. The second research gives a lot of idea for performing the research work. The third research wok also gives the proper ideas about how to conduct the research work. The research question can be answered with the help of the various ratios like quick ratio, liquidity ratio, solvency ratio, profitability of the firms and others that has been conducted for the study. References: Bawa, S.K. and Chattha, S., 2013. Financial performance of life insurers in Indian insurance industry.Pacific Business Review International,6(5), pp.44-52. Coulson, A. and OSullivan, N., 2014. Environmental and Social Assessment in Finance.Sustainability Accounting and Accountability, pp.124-140. Coulson, A. and OSullivan, N., 2014. Environmental and Social Assessment in Finance.Sustainability Accounting and Accountability, pp.124-140 Datta, P., Gopalakrishna-Remani, V. and Bozan, K., 2015. The impact of sustainable governance and practices on business performance: an empirical investigation of global firms.International Journal of Sustainable Society,7(2), pp.97-120. Dunis, C.L., Middleton, P.W., Karathanasopolous, A. and Theofilatos, K.A. eds., 2017.Artificial Intelligence in Financial Markets: Cutting Edge Applications for Risk Management, Portfolio Optimization and Economics. Springer. Evans, R., 2013. Accounting for ethics: Traidcraft plc, UK.Building Corporate Accountability: Emerging Pr1actice in Social and Ethical Accounting and Auditing, p.84. Haddock-Millar, J. and Rigby, C., 2015. Business Strategy and the Environment: Tesco PlcS Declining Financial Performance and Underlying Issues.Review of Business Finance Studies,6(3), pp.91-103. Johal, P., Vickerstaff, B. and McAuliffe, E., 2014.Unlocking Financial Accounting. Routledge. Maynard, J., 2013.Financial accounting, reporting, and analysis. Oxford University Press. Maynard, J., 2013.Financial accounting, reporting, and analysis. Oxford University Press. Munteanu, S.M., 2015. Corporate Support for Sport and Organisational Performance. Case Study for Companies in Romania.Revista de Management Comparat International,16(1), p.101. Nalwaya, N. and Vyas, R., 2014. Merger and Acquisition in the Telecom Industry: An Analysis of Financial Performance of Vodafone Plc and Hutchison Essar.Journal of Marketing Communication,9(3), pp.67-73. Pharoah, C. and Walker, C., 2015. The Values of Corporate Giving. Schmidlin, N., 2014.The Art of Company Valuation and Financial Statement Analysis: A Value Investor's Guide with Real-life Case Studies. John Wiley Sons. Schmidlin, N., 2014.The Art of Company Valuation and Financial Statement Analysis: A Value Investor's Guide with Real-life Case Studies. John Wiley Sons. Schrmann, G., 2016. A Changing Regulatory and Political Environment: What Impact Does it Have on the Analysis of a Financial Institution?. InRating von Finanzinstituten(pp. 105-118). Springer Fachmedien Wiesbaden. Sethi, S.P., Martell, T.F. and Demir, M., 2015. An Evaluation of the Quality of Corporate Social Responsibility Reports by Some of the Worlds Largest Financial Institutions.Journal of Business Ethics, pp.1-19. Singh, N.P., 2014. Verizon acquired Vodafone-Analysis of Market Reaction.Industrija,42(3). Teodor, H.A.D.A., Maria, A.T. and Bogdan, D.I., 2015. Changes and trends arising from the bucharest stock exchange in the need for the analysis of financial instruments at rompetrol well services plc.European journal of business and social sciences,4(09), pp.30-41. Tsegba, I.N. and Upaa, J.U., 2015. Consequences of Financial Statement Fraud: A Developing Country Perspective.International Journal of Business and Management,10(8), p.115.

Monday, December 2, 2019

The Experiences of Chicago Industrial Workers

The author’s main purpose of writing this book was to draw attention to the experiences of Chicago industrial workers during and after the great depression. This book describes how these workers came up with tough survival strategies to endure numerous labor challenges.Advertising We will write a custom research paper sample on The Experiences of Chicago Industrial Workers specifically for you for only $16.05 $11/page Learn More By doing so, the author demonstrates how a diverse workforce in Chicago harmonized their internal divisions to achieve an effective collective action. As such, the book’s thesis seeks to highlight the importance of unions for industrial workers in Chicago during the 1930s (Cohen 7). Cohen’s book is organized systematically to cover expansively on the experiences of Chicago industrial workers between the years 1910 and 1940. Through this, the author reveals how the powerless workers in the 1910s became politic ally active during the 1930s. A third of this book illustrates the background and labor issues faced by Chicago industrial workers during the early 1920s. In this section, the author illustrates how societies in Chicago were becoming more diversified. Consequently, the author notes that the ethnic leaders were more concerned about their communities losing their ethnic values. In the following chapters, the author majors on the relations between the employers and the employees. Through this section, the author illustrates how powers in the market shifted from employers to employees after the World War I. Cohen attributes this shift in power to the increase in labor demand. Due to an increase in labor demand, employers realized the need to address their employees’ grievances to increase labor turnover and production. In spite of advancement in employees’ compensation, the author notes that the employees’ working conditions remained unaddressed. In the subsequent s ection, the author focuses her attention on depression (Cohen 23). This section illustrates how the demand in the manufactured goods declined progressively leading to job losses. Through this section, Cohen illustrates how gains that had been gained in the first part of the book were lost. Due to these losses, employees retreated to their ethnic groups for solidarity. In the final part of the book, Cohen focuses on how the unions became politically active. Through this section, Cohen suggests that the depression challenges forced the industrial workers to be involved in the national politics. Before the depression, workers’ interests were satisfied at the local level. However, during the great depression their needs could not be addressed at the local level forcing them to be involved in the national politics.Advertising Looking for research paper on history? Let's see if we can help you! Get your first paper with 15% OFF Learn More In the book, Cohen employs po stmodern theories in illustrating her concepts. Through this approach, Cohen is able to detail the experiences faced by the industrial workers as facts rather than as opinions. In developing the thesis of this book, the author employs her mother and mother-in-law’s experiences in the 1930s as her primary sources. Cohen points that her mother’s political awakening stories of the 1930s motivated her and provided her with numerous insights on Chicago industrial workers. This book can be classified under labor history subcategory. In respect to the course’s subject, Cohen’s book details the development of labor unions in the US before and after the great depression. Through this, Cohen illustrates how the labor unions’ actions during the great depression led to the labor reforms. Although this book provides a comprehensive coverage in industrial workers’ experiences in the 1930s, it provides little information on workers who were not members of the CIO. Equally, the book only details on labor history before the 1940s. Through this, the author failed to illustrate on the progresses of labor unions after the 1930s where most developments were gained. Work Cited Cohen, Lizabeth. Making a new deal: industrial workers in Chicago, 1919-1939. Cambridge [England: Cambridge University Press, 1990. Print. This research paper on The Experiences of Chicago Industrial Workers was written and submitted by user Lacey Goff to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.