Assignment on Management in a New Global Economy Essay

Task on Management in a New Global Economy - Essay Example All advertising capacities are client arranged and, eventually, fruitful promoting is profoundly identified with showcase examination. All associations need to lead Market Surveys about the customers’ inclinations and their observation about items and administrations. Prior to executing any advertising arrangement, Organizations need to investigate the customer’s inclinations and tastes. Promoting is the primary explanation behind the presence of any business. Present day promoting condition is exceptionally serious and all Organizations endeavor hard to make more clients and hold their current clients. In this unique situation, an Organization needs to keep up their clients by giving great item and administrations. Fast changes in product offerings would influence Sales and this will make great open doors for the contenders and they can enter the market without any problem. So all association need to take choices cautiously before actualizing an adjustment in their adv ertising. Associations need to design a system and study the conceivable outcomes and afterward execute changes as a test in certain regions just and distinguish the customers’ response and criticism. For this situation study Gourmet Direct actualized the product offering changes without appropriate examination and arranging their goals of lessening their Inventory and Distribution Costs. Absence of appropriate arranging is the principle issue in this investigation. Before actualizing an adjustments in product offering, an Organization needs to assess the thought and its prospects in the market and the responses of the clients. Furthermore, an association ought to assess their own assets and the competitors’ procedure on the comparable items promoting. Finding the clients detail is additionally significant before actualizing a procedure. For this situation, the organization wishes to lead a Study about the customers’ inclination and recommendations. The last adv ance of a vital change in

Destination Management Assignment Example | Topics and Well Written Essays - 3000 words - 1

Goal Management - Assignment Example This is finished with the point of improving the abundance of the experience for the two sightseers and local people just as guarantees manageability of nature and exercises that advance the travel industry. At the point when the substance of this conversation are considered in accordance with the meaning of reasonable the travel industry, it is obvious that improvement is center in accomplishing the last mentioned. As per the WTO (1981), practical the travel industry advancement has to do with meeting the wants and expectants of guests and the host locales yet in addition securing the regions and the way of life for family (p.89).Tourism ought to in a perfect world be brought through cautious asset the executives so that tasteful needs are met while social trustworthiness and organic decent variety are safeguarded. Phase of improvement According to Butler (1980), there are seven phases of the travel industry advancement â€Å"lifecycle †(1980, p. 6)and they will be talked abo ut thus according to the city of Venice with an end goal to comprehend its development and changes as to the travel industry. The principal stages are abuse at that point include of local people in giving offices which brings about the spot turning into a well known goal (Garay and Ca'noves, 2010). Venice being perhaps the most seasoned city on the planet experienced these hundreds of years prior and continued rising and falling relying upon winning territorial political strength. Over the most recent couple of decades, Italy perceived the capability of Venice as a traveler goal and put forth attempts to promote it, the world has remembered it as such as well and a great many guests flood there consistently. In any case, because of the high number of vacationers, they have destabilized the lives of local people by making the city swarmed and making it so costly that numerous venetians are headed to live somewhere else. This is the fourth stage as of now most predominantly showed by the city today. The travel industry offices may likewise likely begin to blur, as in reality they are because of the effect of too substantial a stream and if no move is made to reestablish the old Venice the travel industry in the area will probably deteriorate. The travel industry supervisors in Venice have unmistakably seen this and much exertion has been placed in reclamation particularly after the surge of 1968, this is the 6th phase of rebuilding, it has to an enormous degree been effective gratitude to the joined endeavors of the partners. Should rebuilding come up short, Venice would decrease and extreme beforehand vacationer bolstered frameworks would come up short. Way to deal with goal the executives A workshop on report created by UNESCO on the travel industry in Venice affirmed on the requirement for an expanded and economical social the travel industry and improved the travel industry the board in order to viably organize the necessities of the host network. The requir ement for better goal the board originates from, among others, the way that in spite of facilitating more than 22 million visitors, just around 4 million go through the night, thus, this makes the travel industry in the city to a greater extent a free ride than a social encounter (UNESCO, 2011). The previous is anyway neither supportable nor sound for the business since â€Å"free riders† will once in a while value the sights and encounters enough to add to their development by returning A significant administrative test confronting the region of Venice guaranteeing a customary progression of guests throughout the entire year to build efficiency just as lessen the significant expenses of short

Cosmetic Surgery Procedures Health And Social Care Essay

Jawline growth, using inserts, can altogether adjust the understood in development of the face. The end is to gracefully a superior in general parity to the facial attributes and can be performed alongside different processs, for example, a nose work ( nose occupation ) to achieve this parity. A ground for this, for outline, can be that a modification in jaw size would enhance or limit the detected size of the olfactory organ. Jawline inserts are to boot used to redress innate facial needs and facial injury. Jawline growth may influence the utilization of troublesome inserts produced using Si or other man-made stuffs, bone or fat from the patient ‘s natural structure, reaped corpse tissue or other organic inserts. Jawline increase can other than be accomplished by pull stringsing the central bone of the jaw ( mandible ) . A progressively emotional outcome is ordinarily accomplished with this sort of correction than with inserts. This sort of expansion medical procedure can be performed by an unwritten and maxillofacial sawbones, enriching sawbones, plastic sawbones or an ENT man ( ear, nose and throat specialist ) . Advantages: For the individuals who might wish to modify the visual part of a â€Å" powerless mentum † can benefit from jaw expansion. Similar remains constant for grown-up females who are discontent with an excessively â€Å" manly † articulation that a solid, stick trip mentum can appear. In this example, a jawline diminishing might be the way in to an increasingly female visual angle. Kinds of Augmentation: The kind of jaw enlargement that will be performed is reliant on the stuff utilized for the embed or whether utilization of the bone is cardinal to the procedure. This is either an enlargement with the utilization of an embed or abatement medical procedure on the bone. Reduction medical procedure is a procedure that re-shapes the form of the bone at the jawline nation in which the bone stature and expansiveness is modified to oblige the patient ‘s facial profile and to acquire equalization of the facial developments. The sawbones will help through this by shaving a piece of the bone with an osteotomy ( bone cutting ) machine ( floating precept ) . An exhaustive X-Ray examination of the patient ‘s facial skeletal development is required before medical procedure and this will flexibly data sing the whole of bone that will require to be removed.A Persistent Features: A decent campaigner for increase is a person in great physical and mental health, with no previous ailments ( especially bone bombshells ) and who wishes to equilibrate their facial attributes. They should hold reasonable viewpoints sing the outcomes and the recuperation cut, each piece great. This is of import in light of the fact that the finishing up results may non be evident for 3-4 months after the medical procedure. This may do a touchy patient helpless to misery. In addition, the patient ought to non hold been taking Isotretinoin ( AccutaneA ® , which is not, at this point sold starting at 6/25/09 †yet the nonexclusive medication, Isotretinoin, is as yet accessible ) throughout the previous a half year or more. Systems and Materials: Note: patients who are be aftering to experience jawline growth are arranged and exhorted before theA booked medical procedure. Patients ought to stay away from the accompanying for 2 †3 hebdomads preceding medical procedure ; smoke, intoxicant, steroids, NSAIDs ( Non-steroidal calming drugs †like acetylsalicylic corrosive, isobutylphenyl propionic corrosive, naproxen, mefenamic acids, and so on ) , home grown tea, home grown medications, Vitamin E, blood diminishing prescriptions like Lipo-Hepin and CoumadinA ® ( warfarin Na ) , managed drugs like ValiumA ® ( Valium ) , unwritten preventive pills, diet pills and denied drugs like Methedrines. These may keep mending, drag out drain during medical procedure and may interface with sedation. It is exhorted that patients talk this more remote with their sawbones to limit conceivable risk and complexities. This remains constant with all careful processs. Jawline Implant Materials: Regular sorts of jawline inserts incorporate silicone inserts ( in various evaluations of delicate quality ) , silicone â€Å" elastomers † ( grouped polymers holding comparable belongingss to characteristic gum versatile ) and permeable polythene. Other basic embed stuffs incorporate SupramidA ® ( a sutura stuff ) and MersilineA ® ( a work like stuff ) that can be utilized as â€Å" bone organizing † . Carnage texA ® is another normal stuff utilized and is known by a contraction of its synthetic name, ePTFE ( extended Teflon ) or Gore S.A.M. ( gore hypodermic increase material. ) . This stuff famous in light of the fact that it is biocompatible ( good with populating tissue ) and on the grounds that ePTFE is adaptable, delicate yet extremely solid, it can simple be formed and made sure about deep down by Ti jail monitors. The stuff is other than permeable †so what genuinely holds the embed in topographic point is the existent delicate tissue and bone turning through the embed. Another jaw enlargement embed stuff is economically known as AlloDermA ® . AlloDermA ® originates from snoozing tissue providers. Only resulting to perish, a flimsy bed of skin tissue is expelled and anti-infection agents and different substances are utilized to take the cells and DNA that may follow in dismissal. The stuff that has been handled is so used to cover a jaw embed. Furthermore, bone and fat might be collected from the patient ‘s ain natural structure. This, of class, requires an additional procedure whereby fat might be taken and handled before infusion ( see: Liposuction ) or, in the example of bone, the stuff is regularly taken from the patient ‘s pelvic support ( Troy ) or from the ribs. Jaw Augmentation Procedure ( with Implant ) : Jaw expansion processs, that include inserts, are regularly performed on an outpatient balance. The area of the medical procedure can be in a medical procedure suite at your sawbones ‘s office, in a committed medical procedure place/facility or a nearby hospital. The mentum embed procedure can be performed either under nearby or general sedation, contingent upon quiet inclination or the sawbones ‘s proposal The mentum embed medical procedure, itself, regularly takes simply under a hr yet in the event that you are holding different processs done (, for example, a nose work ) at a similar clasp, the continuation of the medical procedure might be longer. When the sedation has faced result, the sawbones makes a scratch at one of two places.A The scratch might be made inside your oral hole ( along the lower lip ) , or it might be made in the covering only underneath your chin.A Your sawbones will so make a pocket over the forepart of your jawbone.A A mentum embed ( that has been pre-chosen for the size and structure to flexibly alluring outcomes ) will so be embedded into that pocket ( under the musculus of the mentum or more the bone ) . In the event that the embed has been embedded through a scratch in your oral cavity, blur trip fastens will probably be utilized ( these will grow dim in 10 yearss or less ) .An If a scratch was made in your mentum, customary ( non-dissolvable ) join will be utilized and will be evacuated during a subsequent visit ( about a hebdomad after medical procedure ) . Also, after medical procedure, the mentum is ordinarily secured to gracefully bolster and to confine growing and awkwardness. A virus pack may other than be applied after medical procedure to chop down expanding. After medical procedure, you will be taken to a recuperation room and your basic imprints will be observed until you are discharged to travel place. You should individual to drive you place ( because of the impacts of the sedation ) . You may other than want to set up to hold individual articulation after you for a twenty-four hours or two after medical procedure. Recuperation: You will see some awkwardness, wounding and growing in your mentum and jaw nation for a few yearss after the medical procedure. Talk may other than give some awkwardness. This should diminish well inside a couple yearss. You will be given explicit guidelines from your sawbones sing eating limitations and tooth brushing processs. In the event that the mentum embed was set using an oral cavity scratch, there will probably be constraints on the sorts of supplements that you can eat for the couple of yearss after medical procedure. Delicate supplements and supplement addendum shingles will most likely be suggested. This way, you can procure the nourishments required for appropriate mending without harming the medical procedure nation. Since action will be restricted, quickly following medical procedure, you may wish to set up a recuperation nation in your dozing room or ordinary rest nation ( front to medical procedure ) that will let you to obtain the rest of you need. Things you may wish to place in close propinquity are: Ice packs/cold contingents. Some propose solidified peas in a profound freeze pack. These stay cold for a drawn-out time of clasp, wo n't release like fluids, and cast to the type of your face. Delicate supplements to eat when your get eager. Recommended and proposed meds ( harming prescriptions, oral pit flushes, and so on ) A thermometer, so you can investigate your temperature all the time so as to descry a lift that may bespeak a contamination. Bandage moves to assimilate any additional release or discharge. A phone with a rundown of your doctor ‘s contact Numberss ought to be put inside simple range. Puting the contact Numberss on speed-dial is other than a decent idea †however do sure to demonstrate them, first. Perils Associated With Chin Augmentation Surgery: Similarly as with every single beautifying medical procedure, there are standard dangers that you should talk with your doctor. In add-on to the standard careful perils there are system explicit risks, each piece great. Risks can include: There is a standard risk of disease characteristic in all medical procedures. This can ordinarily be dealt with effectively with anti-infection agents endorsed by your primary care physician. Nonetheless, if the contamination happens around the mentum embed itself and can non be constrained by anti-infection agents, additional medical procedure might be expected to briefly take the embed until the disease clears up. Growing, contusing a

Why Choose Ivy Coach

Why Choose Ivy Coach May 28 Ivy Coach is cited regularly by major news publications from US News World Report to The New York Times to the newspaper of each of the eight Ivy League colleges. If youre convinced that you need assistance from a private college counseling company  to help your kid get into our nations most elite universities, then you might be faced with the decision of which private college counseling company to choose from. After all, there are thousands of private college counseling companies. Well, debate no more because heres our argument in a nutshell: Yes, there are thousands of private college counseling companies across America but we ask that you fully examine their websites (and it should be noted that a quarter century ago, Ivy Coach was among the first to market). See if a member of the organization is a member of the National Association for College Admission Counseling (the Founder of Ivy Coach is). At the vast majority of private college counseling firms, you wont find this. Maybe theyre the companies of kids who just graduated from top schools who think they know all the tricks in highly selective college admissions because they got in themselves (uh huh). Maybe theyre the companies of parents who helped get their kids into top schools so why cant they help your kids do the same? Uh huh. Maybe theyre folks who copy verbatim the text of our homepage and other pages. We catch those folks all the time. They always blame it on their webmastersan excuse that doesnt fly with us. And be sure to read the content of the site. Does the company have real testimonials that are verifiable? We dont ask many of our clients to give us testimonials because we work behind the scenes so nobody knows your kid had help. But  the testimonials that we do have on our site include full names of students and/or parents (as well as the companies the parents work for). Now compare our testimonials with every single yes, every single other private college counseling business. Notice the difference? A testimonial from John, Harvard Class of 2015 doesnt mean much to us when there are maybe 28 Johns in the Class of 2015 (we made that number up). Beyond the testimonials, peruse the content even further. Do these sites have maybe six or seven pages of static content? Likely so. Thats what youll find on the vast majority of private college counseling sites. Now peruse the website of Ivy Coach in depth. Youll find thousands upon thousands of pages of information on the highly selective college admissions process. We have a blog literally every day of the week including weekends and holidays dating back years. We are tireless and our advice is often cited by major news publications  from US News World Report to The New York Times to The Wall Street Journal to the newspaper of every single Ivy League college. Are other private college counseling companies cited as often as experts in the press? Likely not. Peruse the hundreds of articles Ivy Coach is cited in. Click on each of the press logos and youll see all the articles. Now, we of course dont give away the vast majority of our secrets for free on our site since we are an American business but by perusing the information on our site, youll get a sense for our companys personality  and what great advice and expertise we can offer you and your child. In a quarter century (we need to update that graphic on our homepage!), 100% of our students have gained admission to one of their top three college choices and 93% got into their top college choice. Does that mean that well take on a student with D grades and a 22 ACT score who dreams of attending Harvard, Yale, and Princeton? No. We do not work with students and parents with completely unrealistic expectations as that would only lead to disappointment. This is only an appetizer for why to choose Ivy Coach over every single other college counseling company. For instance, in addition to all of the advice we offer, the essays of our students turn out outstanding because we know how to help students write well. We help them write colloquially. We help them write powerfully. We help them write colorfully. Can other college counseling companies say the same? Even if you have an expertise in highly selective college admissions, that doesnt mean you know how to help students write effectively. We sure can.

Risks Management Risk Management - 1658 Words

Introduction:Risk is for all intents and purposes anything that debilitates or limits the capacity of a group or philanthropic association to accomplish its main goal. It can be startling and erratic occasions, for example, devastation of a building, the wiping of all our PC records, loss of stores through robbery or harm to a part then again guest who stumbles on a tricky floor and chooses to sue. Any of these or a million different things can happen, and on the off chance that they do they can possibly harm our association, money loss, or in a most dire outcome imaginable, cause your association to close.[1] Risk Management:Risk management is the procedure of distinguishing risk, surveying risk, and making moves to diminish risk to a worthy level. The risk management methodology decides the procedures, strategies, instruments, and group parts and obligations regarding a particular task. The risk management plan portrays how chance administration will be organized and performed on the venture. As an administration procedure, risk management is utilized to recognize and maintain a strategic distance from the potential cost, timetable, and execution/specialized dangers to a framework, take a proactive and organized way to deal with oversee negative results, react to them on the off chance that they happen, and distinguish potential open doors that may be covered up in the circumstance. The risk management approach and arrangement operationalize these administrationShow MoreRelatedRisks Management : Risk Management1144 Words   |  5 PagesRisk Management All projects are subject to the effects of uncertainty. The uncertainty creates the need for organizations to be aware of the many different types of risk they will be challenged with for the duration of the project. To understand the level of risk the organization must have a defined process for project risk management to include their risk appetite, risk tolerance and risk thresholds. Project Risk Management is the processes of conducting risk management planning, identificationRead MoreRisks And Risks Of Risk Management1150 Words   |  5 Pagestalking about Risk Management. What is Risk Management? Risk Management is identifying potential risks that could arise whilst developing a software product and taking specific measures on how you could prevent these risks from occurring. Risks not only have an impact on software product, but also have an impact on the overall project and the business organization, therefore it is important to know what a risk is and how to minimize it. (Sommerville, 2010) What is a risk? A risk is â€Å"uncertainRead MoreRisks And Risks Of Risk Management3542 Words   |  15 Pagesvalue of risk management in healthcare industries today. Not only is it difficult to quantify how risk is prevented because it didn’t happen; challenging measures need to be taken to assess risk managements effectiveness and efficiency. Risk management reduces the likelihood of specific losses by formulating tactical strategies and gathering data on potential threats in the workplace. Risk is inevitable, whether it be patient safety risks, fraudulent claim risks, or documentation risks, problemsRead MoreThe Risks Of Risk Management1632 Words   |  7 PagesThe ability to understand and quantify risk, is of the utmost importance. This is something that can be used to define the precise ways that risk should have the ability to be managed, and the precise way that risk should be dealt with on a macro level. It is important to understand that risk management is an ex cellent medium in which risk could be mitigated. This is an important variable that must be understood in this case, as there are many potential risk areas that the firm must deal with. ByRead MoreProject Risk And Risk Management1412 Words   |  6 Pages1- Abstract: Project Risk is an undefined event that, if it occurs, has a positive or negative impact in the project’s results. There are two types of risks can affect the project, they are threats and opportunities. The first affects negatively and the second affects positively. These risks can be individual risks or overall project risk. The project risk management includes six process: 1- Risk Management Planning: Deciding how to plan and execute the activities. 2- Risk Identification: DeterminingRead MoreRisks Associated With Risk Management1098 Words   |  5 Pagestolerance for financial risks than operating risks. Financial risks include risks associated with foreign exchange rates, liquidity, credit decisions and the operating risks include risks associated with supply chain, information technology. Financial risks are generally easier to quantify and control as compared to operating risks, many of which are due to being influenced by external factors out of a company’s control. (Compliance week, 2008) The process of risk management has been greatly influencedRead MoreRisks And Risk Management Plan1240 Words   |  5 PagesRisk Management Plan Introduction An important part any project is to identify risks and to determine how to address said risks. In this paper, I will identify 10 risks that could occur during the making of Coleman Covenant Studios. I will also assess and address each risk in detail. Although I am hopeful the completion of this project will happen with minimal negative risks, I do realize hope is not a plan. For this reason, this risk management plan is in place to acknowledge and prepare forRead MoreRisks And Risks Of Risk Management Practices1360 Words   |  6 PagesThe aim of risk documentation is to provide security and information to users, such as management, so that they can make effective decisions (HB 436:2013, pp. 88). AS/NZS ISO 31000:2009 is the standard for risk management principles and guidelines in Australia (HB 436:2013, pp. 2). HB436:2013 provides guidance to the application of AS/NZS ISO 31000:2009 (HB 436: 2013, pp.2). In 2013 HB436:2004 was updated, one of the new changes states that risk management practices should be able to traceable, howeverRead MoreRisk Management And Risk Mitigation849 Words   |  4 PagesRisk management consorts with the assessment, detection and avoidance methods in order to minimize the adverse effects of risk on organizations. Risk management techniques compose of loss control, risk retention, risk avoidance and risk transfer. One project could potentially have numerous different risk management models throughout its lifecycle. If a senior artist retires before the movie is complete, the production of art renderings will be delayed and will result in slipping the project scheduleRead MoreRISK MANAGEMENT1971 Words   |  8 Pagesï » ¿ Risk Management Plan for the Charming Cafe reference: Version 1.0: date: 7/28/2014 VERSION HISTORY Version # Implemented By Revision Date Approved By Approval Date Reason TABLE OF CONTENTS 1 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦1 1.1 Project Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.3 1.2 Project Scope†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...5 1.3 Project Task(WBS)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7 1.4 Purpose of

Film Review Nineteen Shades Of Grey - 1523 Words

Film Review: Fifty Shades of Grey Directed by Sam Taylor, a 2015 American romantic and erotic film Fifty Shades of Grey gained a huge box office success earning over 571 million dollars worldwide (Mendelson). The film is written by British Author E. L James and among the star cast are included Dakota Johnson playing as Anastasia Steele and Jamie Dornan playing as Christian Grey (James). This essay analyzes the film and characters in terms of their relationship and different features of the story line. The story revolves around the sadomasochistic relationship between a young college graduate, Anastasia Steele and young and rich business magnate Christian Grey (James 2-20). The initial sparks of the steamy relationship begin in the†¦show more content†¦For Christian, the relationship was neither friendship nor love, but he was more interested in a BDSM (bondage, domination, sadism masochism) sort relationship in which he wanted Ana to play as his submissive and he as a dominant for fulfilling his sexual desires (Reenen 223-233). The film has been criticized by many feminists as it depicted male as a dominant and controlling person in a relationship and female as a weak a clumsy personality. Christian wanted to control everything according to his own desires, and a giant agreement containing details about their sexual relationship was put forward for Ana. The agreement contained the safe limits and words and details regarding the sexual acts the two would take part in (Butt 62-76). The movie follows Ana’s decision that whether she would be able to sign the contract which is against her desires and expectations for love and sex or whether she would be able to move away from Christian as a consequence of not signing the lengthy contract. The characters in the movie have used simple language and short sentences, and this attracts a broader audience, and the movie provides a fast and romantic plot. The movie is for adult population and contains more or less four to five sex scenes and the patronizing storyline, and corny dialogues grab attention of audience, but the movie is also criticized by many (Steussy). At the end of the movie, Christian punishedShow MoreRelatedLangston Hughes Research Paper25309 Words   |  102 Pagesroles for black women were scarce. Sometimes she took young Langston with her, but most of the time he stayed with his grandmother in Lawrence, Kansas. Grandmother Mary Langston, an American citizen of French, Cherokee, and African descent, was nineteen in 1855 when men tried to kidnap her and sell her as a slave. Her first husband, Lewis Leary, was killed in 1859 at Harpers Ferry, West Virginia, during John Browns raid on the federal arsenal. Throughout Mary Langstons life, she treasured LewissRead MoreProject Managment Case Studies214937 Words   |  860 Pagesprepare periodic comparisonsof actual versus projected costs and actual versus programmed manpower allocation, update projection reports and funding schedules, and sponsor cost improvement programs. In the area of internal control, we will need to review and modify our existing internal control system to effectively meet our organization s goals related to project management. A careful and proper study and evaluation of existing internal control procedures should be conducted to determine the extentRead MoreOrganisational Theory230255 Words   |  922 Pageswhich these lea rning outcomes provide challenges to the organization in the twenty-first century. Annotated further reading Each chapter concludes with an indication of further reading. We have also included, wherever possible, indications of films and other media that provide insights into the issues covered in the chapter. Discussion questions Finally, each chapter concludes with a number of questions that have been developed for use in seminar discussions or would be suitable as the basis

Contemporary Issues in Acounting

Question: Discuss about the Contemporary Issues in Acounting. Answer: Introduction Disclosures are vital for creditors, investors, management and various other parties who are user of the financial statements as it helps in ascertaining the actual position of the company. However, it needs to be noted that the size of transactions has increased and therefore, it is of utmost importance that such must be properly disclosed. Proper rules and regulations is compulsory to give effect. It needs to be noted that financial, as well as non-financial information both plays a major role in shaping the destiny of the company and hence, both should be adequately highlighted (IASB, 2010). Going by the bulk of transaction and complexity some irrelevant information is discarded that does not play any part in the decision-making process. Compliance with conceptual framework and AASB standard requirements For the purpose of this report, the two companies selected for analysis is BHP Billiton Ltd and Dicksmith Holding Ltd respectively. Considering the financial reporting disclosures in the (ACS) Australian Corporate Sector, details accommodated in the reports must fulfill the qualitative characteristics as per the conceptual framework of the companies. These characteristics include materiality, faithful representation and relevance. An item is regarded as material if it can influence the decisions of users (Albrecht et. al, 2011). By observing annual reports of both companies, it can be seen that the companies have followed various aspects of materiality like the ASX Corporate Governance Principles and Recommendations in association with the corporate governance of the company. Similarly, both companies are prone to risks and hence they have incorporated several material risks in their annual reports. The material risks disclosed by Dicksmith includes competition policies, consumer spe nding, exchange rates etc while BHP discloses material risks like price deflation, leasing arrangements, competition etc. (Source: BHP Billiton Annual report, 2015) (Source: Dicksmith Holding Annual report, 2015) For faithful representation, companies must present a true and fair view of their reports. Thus, in the case of Dicksmith, it can be seen that every director whether managing director or CFO or CEO, provides a written declaration to the Board in accordance with Sec 295A of Corporations Act, 2001, that information in the annual report present a true and fair view. Similarly, in section 7.4 of the Statement of Directors Responsibilities, a true and fair view of financial records must be presented by every director that is free from misstatements and frauds. With respect to relevance, both Dicksmith Ltd and BHP Billiton provide relevant information which pursues predictive value. For instance, in Dicksmith, relevant information is provided to security holders to assist them in deciding whether to or not to elect or re-elect any director (Davies Crawford, 2012). Similarly, BHP provides relevant information associated with its greenhouse gas emissions in its annual report. Other qualitat ive characteristics like timeliness, comparability, understandability etc also forms part of conceptual framework for financial reporting and also followed by both the companies. Furthermore, the annual report of BHP Billiton complies with AASB 116 or IAS 16 that deals with recognition, measurement and disclosure principles associated to plant, equipment and property (BHP Billiton, 2015). An asset can be recognized when the future economic benefits flows from the productive usage of that asset. These benefits can be measured in various ways, thereby leading to asset recognition. Measurement of assets can be done by various ways like present value, historical cost etc. Fixed assets are measured at historical cost minus depreciation while current assets are measured at lower of net realizable value or cost. In the companys balance sheet, net carrying amounts are disclosed and fixed assets are examined for impairment each year (Choi Meek, 2011). According to the Notes to Financial Sta tements of BHP Billiton Ltd, fixed costs are disclosed at cost minus impairment provisions. The examination is conducted to assure that carrying values does not surpass estimates of recoverable values (BHP Billiton). (Source: BHP Billiton Annual report, 2015) The impairment charges depicted by the annual report of BHP Billiton are Petroleum (US$2.3 billion), Nickel West (US$0.4 billion), Goodwill (US$0.5 billion) and others (US$0.8 billion) respectively. The impairment methods consist of mathematical correctness of cash flow models, sensitivity evaluation etc (Melville, 2013). Hence, the valuation of fixed assets is in accordance with AASB requirements. According to notes of financial statements of Dicksmith, the assumed liabilities and acquired assets are recognized at their fair value but every deferred assets and liabilities related with employee benefit arrangements are measured and identified in accordance with Income Taxes (AASB 112) and Employee Benefits (AASB 119). (Source: Dicksmith Holding Annual report, 2015) Equity Instruments or liabilities associated with share based payment arrangements are measured according to AASB 2 (Share-based payment). Assets held for sale are measured in accordance with AASB 5 standards (Non-current assets held for sale and discontinued operations). Contingent considerations that are classified as an asset or liability are re-measured in accordance with AASB 139 (Recognition and Measurement of Financial Instruments). Prudence in conceptual framework to address disparities in reporting The concept of prudence was eliminated in the year 2010 by the International Accounting Standards Board but in 2015, a revision was made in the conceptual framework which again included the prudence concept. This characteristic in the conceptual framework for corporate reporting requires the management to be alert in pursuing policies and estimations in such a way that the income and assets are not overstated and liabilities and expenses are not understated (IASB, 2010). The application of this characteristic eliminates bias from financial statements and reports but it must not affect the relevance and reliability of the presented information (Graham Smart, 2012). This concept does not require companies to bisect their revenue figures or ignore a part of their physical assets and instead it requires the application of caution where uncertainty exists. It is applied in many areas of financial reporting like in the case of BHP Billiton, the impairment events that can result in the wri te-down of carrying value of an asset is considered prudent because this surpasses the regular apportionment of expenses of an asset (non-current) over its useful life (Kaplan, 2011). Similarly, assets held for sale in the case of Dicksmith are not recognized at their fair values and instead they are measured as per AASB 5 standards (Non-current assets held for sale and discontinued operations). This implies that assets which are held for sale are written down to their respective recoverable amounts but are not written up. This is the prudence characteristic of conceptual framework. The recognition of profits or revenues is also subject to prudence when these profits associate with the provision of services for a long period and portray uncertainties about future results (Gibson, 2010). As the recognition of unrealized profits is limited by the inclusion of prudence, it leads to contribution of reliability and relevance characteristics of corporate reporting (Christensen, 2011). Hen ce, prudence can be applied to achieve neutrality and it also helps investors in sorting out financial performance like cost of business and future problems prior to recognition of any profit signs (Libby et. al, 2011). All these inconsistencies that were prior to the inclusion of prudence are successfully addressed. Critical analysis of the annual reports of both companies After observing the annual reports of both BHP Billiton Ltd and Dicksmith Holding Ltd, it can be seen that Dicksmith is the leading company when it comes to consumer electronics while most of the earnings of BHP comes from its iron ore activities that also includes coal and copper. Both the companies follow the ASX Corporate Governance Principles and Recommendations and both comply with the conceptual framework and AASB standard requirements. On one hand, the corporate governance principles not only assure transparency in Dicksmith but also assure morality and integrity which makes the company more beneficial than others. Similarly, on the other hand, BHP Billiton adheres to the business conduct and surpasses interest in governance in order to comply with various regulatory requirements. It has more energy exposure and flexibility that makes it more suitable for long-run or when contingencies create havoc in commodity markets (BHP Billiton, 2015). When it comes to disclosure, the sec urity holders of Dicksmith are provided proper and timely information so that they can pursue their rights effectively. The functioning of Finance and Audit Committee ensures completeness, adequacy, timeliness and disclosure regimes that includes financial reporting to major stakeholders like the ASX, shareholders and ASIC, financial reporting uncertainties or risks, companys accounting practices, disclosures and policies and the outcome and scope of external audits (Northington, 2011). According to the disclosure policy, Dicksmith is bound to disclose any information to the ASX that is not basically available and which can have a material effect on the share value. Under this policy, the CEO and Managing Director are bound to comply with continuous disclosure needs. (Source: Dicksmith Holding Annual report, 2015) The Company Secretary is called the Disclosure Officer of the company who serves as a major contact between ASX and the company (Libby et. al, 2011). This policy is easily accessible to the public at the investor centre in the website dicksmithholdings.com.au under Corporate Governance. Any announcements prior to continuous disclosure requirements are first made available on the website under ASX Announcements. A Disclosure Committee is appointed in BHP Billiton Ltd whose motive is to assist the CEO of the company in security dealings, periodic and regular disclosure needs that include review of information that can need disclosure to stock exchanges and overseeing the disclosure procedures so that the information is accurate, complete and timely disclosed (Brealey et. al, 2011). For IFRS purposes, the disclosure of demerged assets is done in the annual report as they are considered Discontinued and hence material. Any information that is commercially sensitive and can cause reputati onal destruction is also disclosed taking into account various safety requirements. Disclosure about the hydraulic fracturing is made mandatory by the regulatory authorities that also include disclosure of water and chemical use, wellbore integrity etc (Horngren, 2013). Furthermore, responding to climate change is also a necessary step by the company and hence it openly discloses about the accountability performance against emissions of GHG with public, government and investors. If there is any conflict of interests among the directors, then it is the duty of non-conflicted directors to disclose about the conflict (Brealey et. al, 2011). A Document Review Committee is established so that it can approve the materiality principles applied for preparing disclosure documents, reviews the documents, finalizes the document and reports it to the Board. For high quality and relevant information to investors, a copy of market disclosure and communication document is made available at www.bhp billiton.com/aboutus/ourcompany/governance (BHP Billiton, 2015). (Source: BHP Billiton Annual report, 2015) The UK requirements, AASB and IFRS etc requires the company to disclose about directors and KMP. Material information regarding the remuneration policy, ordinary shareholdings and transactions must also be disclosed (Everingham et. al, 2007). The Remuneration Committee has set a minimum threshold of $7500 in association with disclosure of payments to past directors. The disclosure of Board members independence, their interest in a transaction which prohibits them from voting helps third parties to place emphasis on the company (Horngren, 2013). Assumptions on assets useful life, amortization of intangible assets ensures stakeholders that the company complies with standard requirements. Thus, material information must be disclosed as it helps in decision-making (Brigham Daves, 2012). Recommendation Going by the very discussion and the report, it can be aid that disclosures are of paramount importance because through it a prospective decision can be taken. With the due passage of time, business is becoming vulnerable to risks and hence any information can turn out to be crucial. Such risks can be reduced if proper decision is taken and highlighted. After an evaluation of annual of BHP Billiton and Dicksmith Holding it can be recommended that companies must provide an adequate emphasis to the principle of disclosure. Conclusion Therefore, it can be stated that the concept of disclosure is a strong tool in the decision-making process. The comparison of the annual report of BHP Billiton and Dicksmith clearly indicates that judgment depends upon the level of disclosure. Moreover, conceptual framework is essential for a balanced approach because it helps the company to function smoothly. Overall, the disclosure principle and conceptual framework is a strong indicator as it helps in enhancing the goodwill and lays a strong foundation. The report above clearly signifies that both the companies have adhered to the principle of disclosure and is reflected in their annual report. References Albrecht, W., Stice, E. and Stice, J 2011. 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