Islam And Science Bond The Five Pillars Of Faith

Traditions such as the five pillars of faith in the Islamic religion create and establish the foundations of the particular faith just as the Ten Commandments set the precedent for the catholic beliefs. These five pillars are known as Shahadah, Salat, Zakat, Sawn and Hajj. These along with the other significant beliefs of Islam enable one to â€Å"detach† themselves from any outside distraction and face their full attention to God in order to live a resurrected life of peace. The Islamic worldview, which is enabled through the five pillars of faith, include the Islamic theology of Theism, which is the unitedness of God and being one. The Islamic philosophy, which is Supernaturalism, which enhances the discipline of the Islamic Faith. Islamic ethics, which is, demonstrated through the adherents both social, mental, physical and spiritual defining the moral absolutes and understanding of the faith. How Islam and science bond (creationism) is important also as Islam refers to the universe being shaped by Allah and the connection of the mind and body, which exists both in and outside of the body. Finally Islamic sociology including where about Muslims pray including mosques, prayer spaces and the state of central teachings regarding the worship of God and the government and how they interrelate. As taught in my recent visit to the Auburn Mosque; Sharia’s law governs many aspects of day-to-day life and describes the basic endevevours of an average Islamic persons life. Parts ofShow MoreRelated Islam` Essay1261 Words   |  6 Pages The Islam faith was a very predominant one in the world’s past history. When it first started to rise along with the teachings of Mohammed, it was very popular. Their military and cultural achievements were remarkable. When the Arabs first started conquering land, they had affected the language and cultures of those lands. Mohammed was a very spiritual man, who helped Islam rise and conquer. nbsp;nbsp;nbsp;nbsp;nbsp;Mohammed was born in 569 B.C.E. Mohammed had lost both of his parents by theRead MoreIslam Is A Unified Religion Essay2025 Words   |  9 PagesIslam is not a unified religion but rather built upon competing sects encompassing conflicting religious interpretations to understanding of history that are united from its psychological effects on their disciples. Its major role in the mindset in addition to feelings of Muslims gives the impression of having a fundamental presence on the daily basis in allowing for a: sense of universality is strongly endorsed by Muslim believers and was found to be related to desirable outcomes such as positiveRead More5- Islamic Civilization (fall; a force; world peace).6212 Words   |  25 Pageswell-being. Factors that contributed to the rise of the Muslims Before considering the reasons for decline it is logical to consider the reasons why Muslim civilisation was successful for such a long period. In the author s opinion: What Islam did was to activate all the developmental factors in a positive direction. It gave maximum attention to the people, who constitute the primary force behind a society s rise or fall. It tried to lift them morally as well as materially, make them betterRead MorePhilippine Religion3656 Words   |  15 Pagescohesion in the community and moral purpose for existence. Religious associations are part of the system of kinship ties, patron-client bonds and other linkages outside the nuclear family.[2] Christianity and Islam have been superimposed on ancient traditions and acculturated. The unique religious blends that have resulted, when combined with the strong personal faith of Filipinos, have given rise to numerous and diverse revivalist movements. Generally characterized by antimodern bias, supernaturalismRead MoreFreedom of Speech, Comparing Freedom of Expression in the Statutory Law and the Sharia Law19992 Words   |  80 Pagesconventions that are related to my study in order to nurture my knowledge in this great field of the human sciences. Then, I thought deliberately about the benefit of exerting much effort to get such knowledge since it is existed, well-explained and well-organised, in handy books. But after looking by historical and religious study as far back as some centuries ago, I found that my own culture, Islam, had plenty of law provisions that helped its people not only to protect their ethics and morals, butRead MoreBusiness Environment of Pre-British India13645 Words   |  55 Pagesgreat ruler Single Lion capital at Vaishali Statue of the mauryan era Chanakya We get a picture of society in the Mauryan times, from Arthashastra of Kautilya, Magesthanese’s Indica, the accounts left by the Greek Historians and the edicts and pillar inscriptions of Ashoka. Besides, the Buddhist religious books, works of contemporary art and architecture throw valuable light on the social and economic history of the period. India witnessed many social and cultural changes during this period. WithRead MoreDubais Political and Economic Development: Essay38738 Words   |  155 PagesDUBAIS POLITICAL AND ECONOMIC DEVELOPMENT: AN OASIS TN THE DESERT? by CHRISTOPHER DeNICOLA A thesis submitted in partial fulfillment of the requirements for the Degree of Bachelor of Arts with Honors in Political Science WILLIAMS COLLEGE Williamstown, Massachusetts MAY 10,2005 Table of Contents I Persian Gulf Development Literature Oil Curse Literature Arab and Islamic Factors Regional Ovemiew and Historical Background Dubais Development History I1 PI1 ExplainingRead MoreCorporate Governance in Banking Sector of Bangladesh16146 Words   |  65 Pagescompleted. Time was also of the essence, as the survey was completed in a period of eight weeks, and some of the respondents requested for more time to complete the questionnaire. 1.7 Organization of the Report .The study report is organized into five chapters. Chapter 1 covers the introductory issues. Chapter 2 covers the definition and concept of Corporate Governance. Chapter 3 covers Corporate Governance practices around the world. .Chapter 4 highlights the research findings. Chapter 5 providesRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagescentury. 4. World politics—20th century. I. Adas, Michael, 1943– II. American Historical Association. D421.E77 2010 909.82—dc22 2009052961 The paper used in this publication meets the requirements of the American National Standard for Information Sciences—Permanence of Paper for Printed Library Materials, ANSI Z39.48-1992 Printed in the United States of America 2 4 6 8 9 7 5 3 1 C ONTENTS Introduction Michael Adas 1 1 World Migration in the Long Twentieth Century †¢ Jose C. MoyaRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesnumber of organisations in the same industry with a relatively short case. For a case that permits a more comprehensive industry analysis The Pharmaceutical Industry could be used. However, if the purpose is more focused – illustrating the use of ‘ï ¬ ve forces’ analysis – the TUI case study or Illustration 2.3 on The Steel Industry could be used. Some cases are written entirely from published sources but most have been prepared in cooperation with and approval of the management of the organisation

The On The Twin Towers - 1634 Words

One of the most photographed, videoed and telecast events in human history(QUOTE), the attacks of September 11 (9/11/2001) on the Twin Towers, provide a case study for the power of an image, in this case, an image of disaster. Images are defined as a â€Å"visual impression† (QUOTE) something that captures the essence of a moment. With reference to images of disaster, these photographs aim to capture the grief, the loss and the immeasurable suffering of those involved. So what, it may be asked, is the formula for a successful image of disaster? The formula which results in a singular image that will naturally be adopted by society as representation of that horrific time. An image such as the one of the little girl running from the napalm bomb†¦show more content†¦The circulation of 9/11 images was, as a result of the technological age, almost immediate; with the attack of the South Tower being broadcast live across the world. The initial images were those of the plane on impact, the smoke and flames of the towers, the people trapped hanging out of the window, those jumping and falling from the buildings, the work of rescuers and firemen and the final collapse of the two towers. The night of the attack and the following day, these images including that of the ‘Falling Man’ covered newspapers, TV stations and were reported on air globally, with obsessive repetition. The reception of the ‘Jumper’ images was universally one of complete outrage and anger in America; whilst the rest of the world fixated their eyes upon these images. The American public claimed that these images, specifically the Falling Man ‘exploited a man’s death, stripped in of his dignity, invaded his privacy’ and ‘turned tragedy into leering pornography’ (QUOTE JUNOD – page 2). This united backlash from American society resulted in a ‘self censorship’ (QUOTE) of these images, determining them taboo an d resulting in the disappearance of these images almost altogether (QUOTE JUNOD). The ‘Falling Man’ image DESCRIPTION. Replacing these Jumper images was the repetition of collapsing towers and the contact of the planes, and as the days past heroic images of rescuers, firefighters and police officers (the noble servicemen) began to

Evaluating the Sole Proprietor

Question: Discuss about the Evaluating the Sole Proprietor. Answer: Evaluating the Sole Proprietor The first time I came to Melbourne, the Sole Proprietor, I was determined and open minded to find out whether it has been a threat to XYZ restaurant or not. My objective was to evaluate and compare their services to those of XYZ and know whether the restaurant was a competitor or not because since it was opened, XYZ restaurant has dropped off business wise. My first time to be in this new restaurant, I noted that the place was good and a nice place to hang out especially with friends. The environment was cool and quiet: it was a place where everyone would love to visit and have some meal. It is true to say that the prices of the new restaurant were quite high compared to those of XYZ. When I ordered fish fillet, I realized that it was twice the price of XYZ restaurant. After discovering that the price of the fish fillet was higher than in XYZ restaurant, I was curious to know the prices of other foods. I went through the menu and discovered that the trend was the same. It is true tha t most foods in the new restaurant were expensive compared to those in XYZ restaurant (XYZ Restaurant, 2017). Even though the place was beautiful, the prices were not friendly to me considering that my salary is not that good. According to me, the food was not affordable to a common person, for example, students or people with low income. Since I was doing some research, I had to visit the new restaurant for the second time, this time I went with a friend to make sure that my findings were true and she could notice what I was observing in the restaurant. I have to admit that the workers in the restaurant responded in time and they were very welcoming. When we were at the gate of the restaurant, there was someone at the gate to direct us where we wanted to go since the restaurant was big and there were different sections for different activities. The waiter did not take the time to attend to us, and she was quick to offer us the menu so that we could decide on what we wanted to take. Comparing this to XYZ restaurant, I would say waiters take the time to respond to customers who come to the restaurant. Other than taking time, they are not welcoming or friendly to customers unless when the manager is around. The new restaurant had active workers, and they were there to explain what type of meals they offered in case some one did not understand the menu. After the waiter had come, my friend and I decided to take fish and French fries for dinner because it was on a Friday. I was keen to see how long the meal would take in the kitchen before it was served to us. The waiter was clear that the meal was not ready, but they would prepare it very fast for us. I asked her to be specific with time it would be ready and she said it was for around 30 minutes; therefore we had to wait and see whether it was true. I was surprised to find that the meal was ready by the time 30 minutes were over. Employees were active to ensure that everyone in the restaurant was comfortable. After the food was brought, everything was on point, and the food was yummy and delicious (The Sole Proprietor, 2017). I was also impressed with the kind of communication that exists between workers and the manager. When there was a problem in the restaurant, employees like the waiters were quick to inform the manager (Spaho, 2013). For example, one of the couples who was seated next to my table complained that the waiter had taken long to respond to them after they had ordered their meal and the manager come to apologize to them. I can say that the new restaurant values money and they understand that every coin counts in business. The manager was not rude to the waiter. Instead, he asked her to apologize to the customer. Employees in the new restaurant seem to be experienced, and they understand what they are doing in their work. In conclusion, it is right to conclude that the new restaurant is a threat to XYZ restaurant. The type of food they sell is delicious and yummy making everyone feel the need of coming back the next time. Although the restaurant was busy on the day that we went with my friend, we were served at the right time. References Spaho, K. (2013) Organizational Communication and Conflict, Management, 18, pp. 103118. The Sole Proprietor (2017) The Sole Proprietor | Voted Worcesters Best Seafood Restaurant. Available at: https://www.thesole.com/ (Accessed: 2 April 2017). XYZ Restaurant (2017) XYZ Restaurant I Southwest Harbor, Maine. Available at: https://www.xyzmaine.com/ (Accessed: 2 April 2017).

The Use of Suspense in Julius Caesar Essay Example For Students

The Use of Suspense in Julius Caesar Essay Suspense can be defined as the uncertainties the reader feels about what will happen next in a story, or in this case, a play. William Shakespeare incorporated in Julius Caesar three very suspenseful events on which the whole play depends. The first suspenseful event of this play occurs when the conspirators join and discuss their reasons for assassination. Cassius feels that he is equal to Caesar, if not even better that him. Shakespeare builds suspense by using this statement made by Cassius: I was born free as Caesar/we both have fed as well, and we can both / endure the winters cold as well as he. Then cassius tries to persuade Brutes to join in on the conspiracy by telling him that it would be honorable to assassinate Caesar. Cassius tells Brutes that the fate of Rome is in trouble with Caesar in power, which helps build suspense early in the play. To convince Brutes conclusively, cassius forged letters and threw them into Brutuss window where he was sure to find them. Shakespeare wrote this statement: we will awake him and be sure of him. This is a very powerful statement that builds suspense because the reader most likely feels that Brutes will join in and want to assassinate Caesar, yet the reader is uncertain as to whether or not the plan will work. These events are very suspenseful as they lead up to the assassination of Caesar. We will write a custom essay on The Use of Suspense in Julius Caesar specifically for you for only $16.38 $13.9/page Order now The next series of suspenseful events that foreshadow Caesars assassination happen on a very unusual night. One night before Caesars death there were many strange occurrences the foreshadows darkness in the future. A lioness gave birth in the streets, the dead rose from their graves, fiery worriers fought in the clouds so fiercely that blood drizzled upon the capitol, horses neighed, dying men groaned, and ghosts shrieked and squealed along the streets; all events of this strange night that Shakespeare makes so suspenseful. Also on this unusual nigh, Calpurnia had a very frightening dream that was very suspenseful. The dream was of Caesars statue emitting blood and many Romans were bathing in it. When the reader reads this he is on the edge of his seat finding that he cannot wait to find out what this dream foreshadows. Calpurnia was so frightened by these strange occurrences that she begged Caesar not to leave the house. Shakespeare created suspense by having Caesar speak these word s: and these does she apply for warnings and portents / and evils imminent, and on her knee / hath begged that I will stay at home today. These events add suspense while foreshadowing the climax of the play, Caesars death, which occurs in act iii. The next suspenseful part of the play occurs after Caesar is assassinated and the reader is left to find out what will happen as the play progresses. After killing Caesar, the conspirators feel that they have created a better place to live. Shakespeare writes, liberty! Freedom! Tyranny is dead! / Run hence, proclaim, cry it about in the streets. As the conspirators soon found out, the people of Rome are panic-stricken because of the assassination, not grateful. Trebonius speads these words that are very suspenseful because the reader wanders what will result of the reaction of the people: men, wives, and children stare, cry out, and run / as it were doomsday. After the assassination of Caesar, Antony begins to show his feelings and becomes very dangerous, as cassius feared. Antonys soliloquy reveals that he seeks revenge and will wage war on the conspirators. He will cry havoc and have dead and rotting men lying unburied. These events are suspenseful as they foreshadow the extreme po litical conflicts to come. .ubcba5b3c856fe06c4bc858f867f4982b , .ubcba5b3c856fe06c4bc858f867f4982b .postImageUrl , .ubcba5b3c856fe06c4bc858f867f4982b .centered-text-area { min-height: 80px; position: relative; } .ubcba5b3c856fe06c4bc858f867f4982b , .ubcba5b3c856fe06c4bc858f867f4982b:hover , .ubcba5b3c856fe06c4bc858f867f4982b:visited , .ubcba5b3c856fe06c4bc858f867f4982b:active { border:0!important; } .ubcba5b3c856fe06c4bc858f867f4982b .clearfix:after { content: ""; display: table; clear: both; } .ubcba5b3c856fe06c4bc858f867f4982b { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ubcba5b3c856fe06c4bc858f867f4982b:active , .ubcba5b3c856fe06c4bc858f867f4982b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ubcba5b3c856fe06c4bc858f867f4982b .centered-text-area { width: 100%; position: relative ; } .ubcba5b3c856fe06c4bc858f867f4982b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ubcba5b3c856fe06c4bc858f867f4982b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ubcba5b3c856fe06c4bc858f867f4982b .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ubcba5b3c856fe06c4bc858f867f4982b:hover .ctaButton { background-color: #34495E!important; } .ubcba5b3c856fe06c4bc858f867f4982b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ubcba5b3c856fe06c4bc858f867f4982b .ubcba5b3c856fe06c4bc858f867f4982b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ubcba5b3c856fe06c4bc858f867f4982b:after { content: ""; display: block; clear: both; } READ: Racial Profiling EssayThe three events were very effective methods of adding suspense to the play. Shakespeare has the reader constantly wandering what will happen further along in the play. The play ends after order is restored. Will it remain that way, or will history repeat itself and more political conflicts erupt.

Gun Violence in USA

Gun Violence in USA Introduction Several debates have been raised on the efficiency of the existing gun control laws in the United States. The Newtown school shooting incident evolved the gun violence debate causing a public uproar to review the gun control laws currently in enforcement in the United States.Advertising We will write a custom essay sample on Gun Violence in USA specifically for you for only $16.05 $11/page Learn More While it is a personal responsibility to treat human life with dignity, a legal challenge is invariantly faced by the state whether to impose stringent measures on gun control or establish the social root on the emergence of these deviant conducts like the Connecticut shooting. One fact however is that there’s need to establish proper legal mechanisms to provide a perfect framework in controlling the handling of guns by the citizens. It is the interest of this paper to analyze some of the options the nation could explore with a view to improv ing the efficacy of the already existing gun laws. (Roleff 401)This would in turn, reduce the civilian deaths arising from gun violence in the US.  Societies with reckless gun laws bear the brunt of humongous and intense socio – economic pressures. Civilian mortality leads to loss of craftsmanship and pressure on the existing health facilities. Inability to keep the weapons in the right hands has led to immense civilian deaths; the uncontrolled gun use has also led to sharp increase in criminal activities thus posing challenges for various federal governments. It is thus important to underscore the significance of enforcing gun control measures.(Haerens 244) Banning the sale of firearms to citizens Firearms in the wrong hands are indeed very disastrous. A good percentage of the shooting incidences in the US are as a result of wrong people handling firearms. Most states in the United States have strict laws regulating the carrying and or ownership of firearms. However, the r esults of such controls have not been fruitful enough in curbing the mortality arising from gun vehemence. Most federal states allow guns to be sold to the general public. However, the state performs the regulatory function. In states like Arkansas, citizens are allowed to purchase and carry firearms but under maximum supervision from the state. Other states allow gun purchase to the citizens thus exposing other non holders to abuse by those who own guns. In my view, I strongly oppose the sale of guns to the citizens irrespective of their place in the social ladder; the sale of guns should be completely eliminated or abolished.  Various states have adopted their own modes of enforcing gun control laws, most of these states, however, allow the sale and ownership of firearms if important documentation is pursued, however, in my opinion, there should be total abolition of the provisions that allow citizens to carry or purchase firearms.Advertising Looking for essay on politic al sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More Some researchers have argued against the complete banning of gun sales and proposed a system that makes it easy for citizens of good conduct to acquire firearms. In the states where the gun laws are relaxed, the crime rates are lower. However, the data has been refuted by anti gun activists who argue otherwise. (DeConde 227) Banning of carrying guns in designated areas Social institutions or gatherings should be sealed from the gunmen. In my view, the social gatherings are some of the targets for the murderers who are on the loose. These places provide a â€Å"fertile ground† for attack since most of the victims are caught unawares and unsuspecting. This is a key point in alienating the school gun tragedies that has since bedevilled the nation. The act, school zone gun free, has been in enforcement since 1990. (Roleff 377) The act was adopted to prohibit the use and carryin g of guns within a specified range around school zones, however, the laxity in enforcing this law has cost several lives. This ban should as well be extended to other social gatherings and institutions other than schools. Events such as the unfortunate shooting of school children in Newtown Connecticut would have been easily avoided if there was a strict manner in enforcing this rule. In my opinion, the federal government must tighten its grip on enforcing this law- no gun of whatever type should be carried to any of the social places. Tighten border controls strategy The drug menace in the neighbouring Mexico has compounded matters for the law enforcers at the border points; several research findings have so far established that gun violence is perpetuated by drug abuse. Several fingers have accused various gangs of sneaking drugs into the United States- Mexico border thus fuelling gun violence. (DeConde 201) Several pundits have argued that gun violence is predominant in the pover ty struck neighbourhoods where drug abuse is predominant, the shootings and killings invariantly occur in the neighbourhoods where the hard drugs are found. Moreover, the perpetrators of gun violence have been identified as hard core criminals who abuse drugs or victims of immense drug abuse. It is thus in the interest of the American government to seal the border points to curb the drug trafficking from Mexico into the United States since it greatly contributes to gun violenceAdvertising We will write a custom essay sample on Gun Violence in USA specifically for you for only $16.05 $11/page Learn More Harsh penalties on gun violence perpetrators It is the responsibility of the federal government to enact their own laws to regulate the handling of guns within their borders. (Haerens 311)The current gun laws have immense weak points that need to be tightened if credible results are to be achieved. The penalties for the convicted offenders, for instance, shou ld be as harsh as possible to act as a warning to the possible perpetrators. In the US, the minimum punishment for such offenders is as low as imprisonment for one month only. (Roleff 377) This, in my opinion, is far too low to administer justice and pose as a warning at the same time. The federal governments and the national government should therefore endeavour to enact much stiffer penalties to avert the crime. Gun safety For the licensed gun carriers like the police, it is important to draft guidelines for firearm storage. Research shows that more than 2% of gun violence cases arise from family feuds or disputes. (Roleff 377) Several cases have risen where the law enforcers themselves are involved in gun violence, it‘s therefore inevitable that proper gun storage mechanism is established for the licensed firearm carriers. (Roleff 377) The firearms should not be exposed in the house. Conclusion America has some of the best anti-gun legislation. However, pundits argue that t he laws are â€Å"too liberal.† (Roleff 377) The federal and central government has to â€Å"tie the loose ends† to make the laws effective. It’s also important to establish the social root of gun violence to prevent gun violence. (DeConde 201) Works cited DeConde, Alexander. Gun violence in America: the struggle for control. Boston: Northeastern University Press, 2001. Print. Haerens, Margaret. Gun violence. San Diego, Calif.: Greenhaven Press, 2006. Print. Roleff, Tamara L.. Gun control. Detroit: Greenhaven Press, 2007. Print.Advertising Looking for essay on political sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More

Top Workplace Trends of 2016 so Far

Top Workplace Trends of 2016 so Far It’s always important to stay on top of the most current and exciting trends in the workplace, no matter what your field. Here are the top 10  biggest trends for this year, according to the Society for Industrial Organizational Psychology. 1. Big DataThis has been on top of the short list for the past few years- and was also number one last year. Companies are increasingly looking for ways to analyze the mounting piles of data they accrue and find ways to maximize what they learn from that data to improve their business. Businesses need to keep strategizing how to get the best analysis and make the best interpretations in order to make their best decisions.2. TechnologyTechnology continues to evolve faster than we can keep ahead of it. And we are relying on it more and more. Businesses need to focus on figuring out how that reliance, plus the increased prevalence of automation, might affect their hiring and staffing decisions- not to mention training emphases for current and new employees.3.  Working RemotelyMore and more people are getting the opportunity to manage their own schedules and work remotely. Businesses need to keep an open mind as to how to best manage teams who are not all working from the same physical location- and how to keep productivity as high as possible.4. More Frequent ReviewsGone are the days of performance reviews only happening once or twice a year. The evaluation process will become more like an ongoing conversation between employees, supervisors, and management. This focus on continually improving will help employees develop faster and better- and help companies help them to improve.5. Employee EngagementEngaged employees are better employees. So much research confirms this. They go the extra mile so much more often. Businesses should constantly be thinking how to raise employee engagement, which will help boost productivity and set a constructive and positive office culture.6. Wellness for EmployeesBusinesses are under mu ch more pressure these days to provide health and wellness incentives for employees. The healthier the workers, the better the work!7. FlexibilityBusinesses are required to be more and more agile and flexible in their business practices. The willingness to take risks and innovate is proving to pay off more and more often. This will need to be incorporated into organizational principles and missions, including flexibility with work schedules.8. Work/Life BalanceThere’s more and more focus these days on offering better work/life balance for employees. And more and more employees are demanding such a focus. Businesses will have to figure out which strategies work best, and which are less effective, in order to compete.9. DiversityHiring practices will hopefully adapt to include more diversity in the workforce, and also more diversity-oriented thinkers in positions of authority. This is an important one, and is required to matching the ethos of the future.10. Social MediaSocial m edia sites like Facebook and LinkedIn will be used much more for hiring and recruitment- not just for networking. There are legal issues to keep in mind on both sides, for both workers and employers.

Strategic and financial analysis of Zillow Term Paper

Strategic and financial analysis of Zillow - Term Paper Example This research will begin with the brief overview of Zillow. Zillow is a virtual merchant website, which generates revenue by selling real estate advertisements. From the last 3 years, Zillow experienced maximum financial growth. The vision of Zillow is to serve the customers worldwide with utmost quality and become one of the foremost online databases operating in the real estate industry as compared to others. In terms of business model, it can be ascertained that the online database mainly uses the approach of e-business and online business mechanism for attaining its predetermined business targets. Zillow is an online database of real estate, which was founded in the year 2005. The database is duly considered to be an ultimate destination for the individuals who possess a keen interest in buying any mortgaged property or real estate. Moreover, the database offers information about these products and/or services, which enables the consumers to make decisions about estimating the ho me value and also the rental price of the real estates. By taking into concern the varied facets of Zillow, the value proposition of the database in terms of providing significant benefits to the customers can be ascertained as serving effectual marketing and business technology based solutions specifically for real estate agents. Moreover, in relation to determining the value proposition of Zillow, it can be asserted that through this database, the mortgage marketplace borrowers can directly communicate with the lenders for availing mortgage rates.

International expansion-business Essay Example | Topics and Well Written Essays - 750 words

International expansion-business - Essay Example In the case of transaction it is the case that if Natural Detergent inc, were to engage in a contract with a Mexican supplier than the company runs the risk that arises out of a time delay from the moment they sign the contract and the moment they execute the contract. In this regard if the Mexican peso were to rapidly appreciate against the American dollar than it would theoretically cost more money to settle the contract. In regards to a translation risk this is the risk associated with Natural Detergents inc. keeping some measure of wealth (Property, plant, equipment, cash reserves etc.) and if the value of this measure dominated by a foreign currency that was to rapidly appreciate against the American dollar than Natural Detergent inc. would recognize a loss. One could conclude that before any expansion project were to move forward than a firm understanding of the Mexican peso and its historical exchange rate to the American dollar would be of utmost importance to potential inves tors. Historically speaking, Mexico has had a lot of commercial ties with the United States and the economy of Mexico was strongly affected by the strength (Or weakness) of the American economy. For these reasons according to Iowa State University Department of Economics (2010) Mexico had indeed pegged the Peso to the United States Dollar. What this translates to is that the country had determined what the exchange rate ought to be (typically between 9 and 13 peso’s per dollar) and this became the official exchange rate. During these times there was effectively very little risk to engaging in commerce with Mexico because the exchange rate was always known, and any changes that would be made to the exchange rate would not typically be too drastic. However it is the case that the inflation rates of the two countries varied vastly and as such the decision to ‘float the currency’ was made. This sets the stage for how the peso now

Recommendation for Internal Accountant Essay Example for Free

Recommendation for Internal Accountant Essay Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations (What is internal auditing?, 2010). Internal accounting control is a series of procedures designed to promote and protect sound management practices, both general and financial that will increase the likelihood that: * Financial information is reliable, so that managers and the board can depend on accurate information to make programmatic and other decisions * Assets and records of the organization are not stolen, misused, or accidentally destroyed * The organizations policies are followed * And government regulations are met (Internal Accounting, 2011). It is important to have an internal accountant available to help instill these controls and ensure compliance with Generally Accepted Principles. Internal Accountants  Management accountants and internal auditors are both imperative to a company to help with internal controls. Management accountants study and interpret business numbers, and decide on how money should be spent and advise management on key business decisions (Career: Management Accountants and Internal Auditors, 2011). Internal auditors check the records of management accountants to make sure they are accurate and that the controls are in place to protect against fraud and waste (Career: Management Accountants and Internal Auditors, 2011). Internal Auditor  The internal auditor recommended should have a minimum of a bachelor’s degree in accounting or a related field. This person should also have experience in information technology, environment and compliance if possible. The perfect candidate should also have prior experience in verifying effective organizational internal controls to ensure that records are accurate and the controls are adequate (Accountants and Auditors, 2011). He/she should also be able to recommend and review controls for the organization’s computer systems to s=ensure their reliability and integrity of the data (Accountants and Auditors, 2011). Conclusion  Internal audit standards are mandatory requirements consisting of: * Statements of basic requirements for the professional practice of internal auditing and for evaluating the effectiveness of its performance * Interpretations, which clarify terms or concepts within the statements (International Standards for the Professional Practice of Internal Auditing, 2010) The internal accounting position should be filled by a potential candidate that works well with others and has knowledge of the business itself.

My Team Success Essay -- essays research papers fc

  Ã‚  Ã‚  Ã‚  Ã‚  Team B was a small group of people with interchangeable skills who found themselves responsible for a common purpose and goal. Learning Teams can get more complicated projects done at a more rapid pace than an individual assigned project because decision-making is more effective in a team environment. Our team was some what complex. We were a successful group of people who were cooperating, critiquing, communicating and reporting to a forum.   Ã‚  Ã‚  Ã‚  Ã‚  Our team did not just happen. We were formed then molded. (Kreitner, Kinicki, 2004) states:   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  So what is this first and most important step for creating   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  effective teams? It’s called â€Å"Chartering.† Chartering is the process   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  by which the team is formed, its mission or task described, its   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  resources allocated, its goals set, its membership committed, and   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  its plans made. (p. 410)   Ã‚  Ã‚  Ã‚  Ã‚  The formation developed in four stages. The first was the Forming stage otherwise known as the â€Å"Ice Breaking Stage† in which we were uncertain about our roles and who to trust (Stewart, Manz, 1999). During this stage we had a group discussion and a member became prominent to take the leader position. The following stage was Storming which is a time when members learn about ground rules discussed then confirmed by the leader. This is the stage where I learned that I was responsible for writing Example #1 and the date my part had to be turned in. The third stage of our development was Norming, a stage of working together to reach our goals. In this stage Team B moved their individual turn in dates back a day and team members picked up additional tasks as the project had clear dead line dates. We became more aware that we were going to have less time for editing than we normally planned for. Lastly, the Performing stage is focused on solving any problems that arise. This stage is critical for getting the project done on time and completing the goal. Our team had a few problems toward the end. One problem that aro... ... we used two of them. The first, Collaborative is â€Å"Trying to find a solution in which the needs of both or all parties are completely met.† Secondly, Compromise definition is â€Å"Trying to find a middle position in which all parties give a little to gain something.† Through these two strategies the conflicts turned out to be a positive addition. Our team was not afraid of it; therefore more ideas and thoughts were able to reach out for a group decision.   Ã‚  Ã‚  Ã‚  Ã‚  We were a group of people with a vision working towards a common goal. The building of our team was complicated. We negotiated roles and tasks according to our strengths and interests. We worked well together, but far from perfect. Through varies conflicts ideas were exchanged and meaningful productivity resulted (Porter, 2003). Good communication resulted from trust and respect. All members shared an equal participation which made it easier for each individual to contribute to the success of Week 3.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚   Works Cited

Financial ratio analysis Essay

Financial ratio analysis is conducted by managers, equity investors, long-term creditors and short-term creditors. What is the primary emphasis of each of these groups in evaluating ratios? Managers deal with all types of ratios. It is important for them to judge and improve the overall financial position of the company. Financial ratios are one of the most common tools of managerial decision making. Financial ratios involve the comparison of various figures from the financial statements in order to gain information about a company’s performance. Ratios to this group, serve as indicators, clues, or red flags regarding noteworthy relationships between variables used to measure the firm’s performance in terms of profitability, asset utilization, liquidity, leverage, or market valuation. Equity Investors use the analysis of financial ratio to help equity investors know whether their investment earnings some return or not. They emphasize more on profitability ratios with those investors look for entities with high earning potential and will be reluctant to associate themselves one that poor return since the market price of stock and dividend potential will be adversely affected. Long-Term Creditors deal mostly with the solvency ratios. They are important because the ratios under this category indicate the long term financial position of the company in terms of its solvency. Financial ratios analysis helps long term creditors to know company’s ability to meet interest expenses and long term obligations on time. Times interest earned ratio, debt to total assets turnover ratio, debt to shareholders equity ratio are also some of the ratios that are helpful for long term creditors. Short-term Creditors find liquidity ratios as more important. The analysis of financial ratios assists Short term creditors to know the ability of company to pay their short term obligation. They mainly focus on corporate liquidity is especially important to creditors. If a company has poor liquidity position, it may lead to delay in receiving interest and principal payments or even losses on the amounts due. It includes various calculated ratios such as Current ratio, receivable turnover, accounts payable , liquid ratio, working capital etc. , that helps short term creditors analyze company’s credit history. (3-3) Over the past years, M. D.  Rryngaert & Co. has realized an increase in its current ratio and drop in its total assets turnover ratio. However, the company’s sales, quick ratio, and fixed assets turnover ratio have remained constant. What explains these changes? It may have been that the inventory of M. D. Rryngaert & Co. was not properly managed. We can witness that because of a higher inventory, current assets increases, with an automatic decrease in total assets turnover. However, the quick ratio and the fixed assets turnover have remained constant due to the fact that they are not included in inventory. Furthermore, with sales remaining constant and with an increase in inventory as mentioned, the company is definitely not in a good financial position. (3-4) Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between a grocery chain such as Safeway and steel company? Think particularly about the turnover ratios, the profit margin, and Du Pont equation. Safeway, being a grocery business, requires a lesser number of dollars in assets to produce a dollar in sales than would a steel company. Furthermore the margin that grocery stores derive from the sale of each item is usually low. That is why they rely on a large volume of sales, and high turnover of inventory. They sell their products quickly, with a high turnover, and a lower profit margin with having to sell higher volumes of products to make up for the low margin. As for the steel company, being a business that has a higher profit margin but low turnover ratio, it tends to have lower volume of business transactions. The steel company would also spend more money in assets in order to generate a good return in sales, as compared to a grocery store. The profit margin being the ratio between revenue and income, finds a business with higher profit margin to have lower cost of sales and hence high profit, while a business with lower profit margin will have higher cost of sales. Turnover ratios show how many times a year company is replacing their inventories. So by using the DuPont formula, we can calculate the ROA for each different company by a simpler version of the equation being Return on Assets (ROA) = Profit Margin x Total Asset Turnover.

Receivable Management Essay

The company will come to know about the existing flaws in the system. The recommendations would help the company to overcome the same. It will also help the company to know which portal is generating more revenue, which position and many other things which generate grab major part of the revenue. [pic] Management Of Accounts Receivable Management of receivables is a process under which decisions to maximize returns on the investment blocked in them are taken. Thus, the main objective of management receivable is to maximize the returns on investment in receivables & to minimize risk of bad debts etc. Because investment in receivables affects liquidity and profitability, it is, therefore, significant to maintain proper level of receivables. Accounts receivable represent sales that have not yet been collected as cash. It explains that merchandise or services in exchange for a customer’s promise to pay at a certain time in the future. Accounts receivables of a firm are created on both the side of the productive system. On one side of this system, the firm may make advance payments to the suppliers of the raw material to ensure timely supply, when the supplier holds the monopolistic position. On the other side of the productive system, accounts receivable are created by a firm when it sells its output on credit. These are termed as sundry debtors. Sundry Debtors constitute nearly 60% of the Accounts Receivables. Four Aspects Of Management Of Sundry Debtors: 1. Credit Policy needs to be determined. This involves a trade off between the profit on additional sales that arise due to credit being extended on the one hand and the cost of carrying those debtors and the bad debts losses on the other hand.

The relationship between the angle of a slope incline and the acceleration Essays

The relationship between the angle of a slope incline and the acceleration Essays The relationship between the angle of a slope incline and the acceleration Paper The relationship between the angle of a slope incline and the acceleration Paper As the angle of the slope incline increases, the acceleration of the model cart moving down it will also increase. I have predicted that acceleration is directly linked with the angle of the slope on which the object is moving. When coming up with this hypothesis, I asked myself the following question, what forces actually act on the model cart as it is going down the slope. There are in fact three forces acting on the cart. The force of gravity (g), friction (F), and the force of reaction (R) (see diagram 1). If we were to draw a Y and X axis on the object, the X axis showing the movement along and the Y axis being perpendicular to that then we can find out how the forces act. On the Y axis, there are two forces, the force of reaction and a fraction of the force of gravity. Since there is no movement along the Y axis we know that the forces cancel out. To find out the reaction force, we can use the formula R = mg cosine   (see diagram). The aim of our experiment is to measure the acceleration as best we can of a wheeled trolley at 3 distinct slope inclines. The steps I took to do this are written bellow: 1. Gather all necessary equipment (see Equipment section on following page) and locate a large flat surface, preferably above the group, like a large table 2. Stack several books on one end of the table, not too many. 3. Rest the end of the large wooden board on the stack of books, creating an incline. 4. Measure the angle of this incline from the table, either with a protractor or by using sin/cosine. Record that angle. 5. Carefully place the ticker timer parallel to the top of the board, so that it would be convenient for the tape to come out. Attach all necessary wiring (seek teacher guidance if unaware of what do it). 6. Attach the tape (by means of sticky tape) to the end of the model cart 7. Make sure that there is some sort of block or stopping point at the bottom of the slope, for safety purposes and to know the total distance that the cart will cover (could be used later) 8. Place the cart on its starting point at the top of the slope (try to get it to be in the centre and facing totally forwards to avoid any sideways movements), measure and record the distance from the head of the cart to the blockage point (this will be the distance the cart travels) 9. Switch the ticker timer on (switch on the back), and then carefully release (without any additional force) the cart down the board 10. After the cart has hit the stopping point you may turn off the device. Be sure to then carefully obtain the necessary ticker timer tape and safely store it for further analysis (I will be covering what can be obtained from the information on the tape in the Analyzing Results section). 11. Repeat steps 2-10 again so that you have a 2nd trial (this is handy because you can obtain an average result in order to eliminate any errors) 12. Repeat steps 2-11 using more books, this will give the 2nd larger angle 13. Now finally repeat steps 2-11 using even more books, giving the 3rd and final angle. NOTE: if still unsure of what to do, I strongly recommend viewing Diagram 1 (the set up) below. It should become very clear. Equipment: Usable protractor, Ticker-tape timer (with necessary wiring), flat long wooden board, non-motorized wooden and wheeled trolley, a pile of books or something with height and stability to rest the wooden board on Variables: In this experiment I tried to keep all variables constant, with the exception of the angle of the slope which was changed twice. The distance the cart descends, the surroundings, the cart used and board were all held constant throughout the trials. I have decided that in order to prove my hypothesis correct, I would need to use at least 3 different angles and use 2 trials for each angle (to ensure validity). The 3 angles I chose to investigate were 2. In order to record the acceleration for each, I would first need to have a complete record of the motion of the trolley. The dots that would be presented on the ticker-tape would be sufficient enough for me to then calculate the acceleration of the trolley in each case. The following 3 pages contain results of all three ticker-tapes. To understand what the ticker timer tape does and how we can obtain acceleration from it, see Analyzing Results. Also from those results I have constructed velocity-time graphs (attached) for all trials of all the angles. Results: See following pages Analyzing results (Finding acceleration): In order to analyze the results, we first marked off sections on the tape with 5 dot spaces. This means that 1-dot space is the distance traveled by the trolley in 1/50 second (0. 02 s). So 5 dot spaces is the distance traveled in 1/10 (0. 1 s) If the tape is chopped into its 5 dot-spaces sections, and the sections put side-by-side in correct order, the result is a chart very similar in appearance to that of a speed vs. time graph. The lengths of the sections represent speeds because the trolley travels further in each 0. 1s as its speed increases. Side-by-side, the sections become a time scale because each section starts 0. 1 after the one before. The acceleration of the trolley can be found from measurements on the tape. As I had predicted in my hypothesis, the angle of the slope is directly related to the acceleration of the trolley on the slope. My results strongly suggest that because the acceleration results for a bigger angle were significantly larger then the acceleration for a narrower angle. I believe that the reason for this is due to the relationship between force and acceleration. If the force is larger, then the acceleration is also larger. The forces that were most important in this experiment were the forces of gravity and friction. Gravity pulls all objects down to the surface at an acceleration of 9. 8m/s. And the friction that the cart experienced was increased as the angle increased, making it come down at a greater acceleration. If the trolley was simply dropped next to the slope when the slope was at 90, then the trolley would accelerate to the ground at 9. 8m/s (taking into account that the cart would not make contact with the board, hence no friction). However the angle was 0, or 180 , then the trolley would not move or accelerate at all. Gravity would be affecting it due to the force of reaction canceling it out, and the horizontal surface beneath the trolley would prevent the trolley from moving. When the angle is at 25 , gravity affects the trolley enough to make it accelerate. If you change the angle to 45i however, the force of gravity would be more influential on the trolley. Therefore the trolley would come down at a faster acceleration. Evaluation When it comes to measuring the sources of error and uncertainties in this experiment, I doubt that there is little else to be done to cancel out any more errors. Since a mechanical device (the ticker-timer) did most of the measuring and recording for me, I am unable to be held responsible for any errors inside the machine itself. There was no measurement of time with a stopwatch, however I when I cut up the pieces of the ticker timer tape to be analyzed, that is where errors could have been made. The precision of cutting, and then measuring with a ruler only gave correct measurements to the nearest millimeter. One of the errors I avoided early on while analyzing was to assume that the acceleration was constant since it was partly gravitational. In labs like these, even the most obvious and logical factors may not be just assumed, steps most be taken to prove it. the importance of the errors is very small indeed as seen from the difference in the two trials for each angle was insignificantly small. Also for the aim I chose, and the nature of this experiment, the errors were always unlikely to get in the way of the final result. If granted another opportunity to repeat this experiment, I would certainly change some things. First of all I would chose to perform more then only 2 trials for each angle. I would opt for about 10 trials, then find the average of the 8 best and use that as the final result. Also I would like to experiment with more then 3 angles. As hard as it might be, I would like to try a very steep angle, around 70. Moreover, it would be interesting to see the effect of mass in terms of acceleration. Perhaps try carts with different weights. All in all, the experiment was a success. The small errors did not alter the answers too greatly. The accelerations of both trials where close enough to each other. And my hypothesis stood correct.

Caesar, Kaiser, and Czar

Caesar, Kaiser, and Czar Caesar, Kaiser, and Czar Caesar, Kaiser, and Czar By Maeve Maddox To begin with, Caesar was a family name. Now, in various forms, it is a generic term for ruler or emperor. In Roman naming practice, a newborn child was given three names (tria nomina). The praenomen was a name like Lucius or Marcus. The second name was the name of the tribe, clan, or gens, such as the Julii or Cornelii. The third name was the cognomen, a nickname that distinguished one branch of a gens from another. Sometimes an adult would adopt a fourth name called an agnomen. This was a nickname he had earned himself. Caesar was the cognomen of the family to which the dictator Gaius Julius Caesar was born. Its origin has been explained in various ways: The cognomen Caesar originated, according to Pliny the Elder, with an ancestor who was born by caesarian section (from the Latin verb to cut, caedo, caedere, cecidi, caesum).[5] The Historia Augusta suggests three alternative explanations: that the first Caesar had a thick head of hair (Latin caesaries); that he had bright grey eyes (Latin oculis caesiis); or that he killed an elephant (caesai in Moorish) in battle.[6] Caesar issued coins featuring images of elephants, suggesting that he favoured this interpretation of his name.[7] (Wikipeda) Julius Caesar himself had a receding hairline so another possible explanation is that his family may have carried the gene of male pattern baldness and the nickname Caesar (hairy) was ironic. When Julius Caesar was killed, his nephew, whom he adopted as his heir, took the name Gaius Julius Caesar Octavianus. The Octavianus was his birth name so he kept it. Later on the Senate gave him the agnomen Augustus. Thats the name by which he is known as the first Emperor of Rome. Augustus and his first four successors were related by blood so they all more or less had the right to the name Caesar. After the death of Nero, however, the Empire was up for grabs. In the chaotic year of the four emperors that followed Neros death, the name Caesar became a synonym for ruler. Galba was the first to assume it as a title. (He got to use it for about seven months.) So famous was the title Caesar that it found its way into all the European languages. It was probably the first Latin word adopted by the Germanic languages to which English belongs. The Romans pronounced the word with a hard c and thats how it came into the Germanic languages. If it hadnt been for the immense influence of Norse and French on English during the Middle Ages, the modern English word for caesar would have developed into something like coser. During the time of the close relationship between the English and the Danes, however, the English replaced their own word with the Norse keiser (cayser, kaiser). Then, after the Norman Conquest, when French became the language of the ruling classes in Engand, the French word, with its soft c pronunciation, became the preferred form. Later on, the word Kaiser came into English again, this time as the title of the German rulers. The word Czar, which English speakers use to refer to the Russian emperors, entered the Russian language as Tsar, the Old Slavic version of Caesar: tsesari. The spelling Czar is a respelling of the Russian word with the letters of the Latin alphabet. The spelling with cz was common in European languages because that was how it was spelled the first time it appeared in a European book in 1549, but the French adopted the spelling tsar in the 19th century and the London Times prefers it. In German it is spelled Zar. In the U.S. the word czar is now used to refer to anyone who is in a position of some kind of control. Ex. Drug Czar (either a powerful drug dealer OR a government official supposed to combat drug trafficking); Education Czar. Little Caesar (1931) is the title of an historically significant film in which Edward G. Robinson played a gangster and defined the cinematic crime genre. Such is the continuing charisma of the word that it continues to be used to suggest power and grandeur. The words association with food is probably owing to its Italian origin. (Ex. Little Caesars Pizza.) A Caesars Salad, however, has nothing to do with the late dictator. According to the Online Etymology Dictionary, the salad is named for Cesar Cardini, a restaurant owner in Tijuana, Mexico who is said to have served the first one in about 1924. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:The Meaning of "To a T"50 Idioms About Roads and PathsApostrophe with Plural Possessive Nouns

International Justice System Essay Example | Topics and Well Written Essays - 250 words

International Justice System - Essay Example Agencies or other justice systems cooperate with the ICJ by bringing cases that may be above their judicial mandate to handle, especially in cases that require an unbiased view and ruling (Antonopolous, 2011). The communication channels between all these international bodies are crucial because they ensure a common ground for all parties involved. Laws that secure the fundamental liberties and freedoms of all individuals make it possible for warring parties to have an equal forum to be heard and accept fair trials. If these communication channels were to break down, or were non-existent, fighting global crime would be a rather herculean task. Leaders may take it upon themselves to do as they please without the fear of reprisal or reprimand from a higher judicial system other than theirs. International justice systems are necessary to ensure that all other justice systems are up to the task of ensuring that their affairs are in order (Antonopolous, 2011). This makes it possible for every free citizen to enjoy the sovereignty of a

Accounting for Anguish Essay Example | Topics and Well Written Essays - 250 words - 1

Accounting for Anguish - Essay Example When fraudulent activity and misappropriation occurs in a company such what was occurring at WorldCom and an accountant discovers the scheme the only option for the accountant is to become a whistleblower. A whistleblower can be defined as a person that reveals any wrong doings or malpractices that are taking place within an organization (Bainbridge). When Kim Emigh acted as a whistleblower in the WorldCom scandal she revealed to the Security and Exchange Commission and other governmental agencies that WorldCom was attempting to change labor that was supposed to be part of capital projects into an expense in order to misguide the government and lower profits to pay less taxes. The effect of the directive by WorldCom would have turned $35 million of capitalized items into expenses (Reaves). The courage of Kim Emigh was instrumental in bringing the WorldCom executives to justice and to uncover one of the biggest financial frauds in U.S.

The Basseri of Iran culture Research Paper Example | Topics and Well Written Essays - 2000 words

The Basseri of Iran culture - Research Paper Example The kinship factors include the patrilineal, the marriage and the divorce aspects of the Nomadic tribe of Basseri and the way it is different to the cultural values to the rest of the country. The social organizational factors is a combination of a number of factors that include the rite of passage in the nomadic society, the headmen that lead the tribe and the Khan who is usually a wealthy person having a number of followers of his own that makes him strong enough to head the society. Economic Organization Nomadism The Basseri Nomads of Iran are the tent-dwelling pastoralists who are under a chief and politically centralized. It is officially stated that the Basseri are Shitte Moslems but such a religious affiliation does not exist to a very big extent among these people. These people seem to be very uninterested in religion generally. The ritual activities of these people are very few as they offer no communal prayer and are more likely to ignore the Islamic feast days. Even the ho ly month of Ramadan seems to be a very unlikely proposition for most of the people. It is concluded that because of the migration that these people had to do early in their history, there was progressively built tension and excitement and most people were confused whether the economic activity was a religious one or not. These tribes responded more to the movement that was in a more dramatic form rather than considering the utilitarian aspects of the whole movement. There was highly complex essence of tribal organization in Iran that was centralized Uymaq system. The Uymaqs were not only the pastoral nomads but were a combination of three economic forms, the pastoral, the commercial and the agricultural. Importance of Livestock The individual households of the Basseri of Iran hold usually herd their animals together in one or even more than one flock of 400 to 600 animals. This figure limits the number of households that are grouped together. The members of the camp are usually are widely drawn from both consanguineal and affinal groups. Some of the members are not even the immediate groups of these people in the society. The shepherds are usually hired by the members of the camp for the service contracts of one year so that they can care for a single flock of 400 to 600 goats and sheep. For every ten lambs that are born in the spring, they receive one lamb for their work all the year. Even if they quit a bit earlier, there is no pro-rated agreement as the lambs have not been born yet. All of the households owns and milks its own animals separately even though they are gazed together. Also, different households pay, give food and other materials needed by the shepherds in their contribution depending on the number of animals that they own with the addition of the two assistants that the shepherd usually has. Environmental Adaptation The major concentrations of the population of the vertical nomads in Iran occur during the summer. The camps are usually composed of as many as fifty tents during that period of the year. However, during the winter migrations, the camps are composed of as many as twelve tents and as few as one tent. The camps are usually separated by an hour long walk from the neighboring camps and also the pasture areas. However, the visiting between people from one camp to the other and staying connected with each other is a regular activity of the nomads in Iran.

Conflicts Of Interest Between Managers Owners And Creditors Finance Essay

Conflicts Of Interest Between Managers Owners And Creditors Finance Essay Managers, owners and creditors usually have the same fundamental objective that is to see the business prosper in the companies. But when companies are in financial distress, conflicts of interest between managers, owners and creditors arise. The reason to answer this problem is just because managers have different goals from owners and creditors. As we know, managers are usually hired to run a business of companies on behalf of owners. Thus, some problems can arise between managers and owners because interest of ownership is separated from interest of control especially when companies fall into financial distress. Managers may pursue some goals that bring benefits to them but may not be beneficial to the owners. Owners have their own shares and they think that their shares value will be increased. They have right to indirectly control of the operating decisions that influence the companies cash flows and others. Besides, creditors are the party who provide capital to companies at rates based on the riskiness of companies assets and on companies capital structure of debt and equity financing. Conflict of interest between owners and creditors is that owners want to borrow money at the lowest rate whereas creditors decide the rate based on the risks of companies investment projects and companies themselves. The more risks compan ies have, the more required rate on the firms debt will be paid. When a company faces financial distress and may be going to bankruptcy, there are usually two solutions to settle. The first solution is reorganization and continuation as a going concern. Managers usually like this solution as they can exercise control over what goes on during the company. The second solution is liquidation and selling off of the assets of the company. Managers usually do not like this solution and may resist whereas creditors like this solution as they stand to get their money from the liquidation value first. However, managers may not want this to happen and they may seek to bribe the creditors with a promise of getting more money than they should if the latter agree to the first solution. This is not in the interest of the owners. Conflicts of interest between managers, owners and creditors always exist even when the company is profitable. Therefore, the company has a cash surplus. Managers would want this money as a financial bonus and the shareholders would want this money as a stock dividend whereas creditors get paid a fixed amount and they get paid before the owners get paid. II: In a personal financial situation, give an example of opportunity cost. In a personal financial situation, opportunity cost of any investment is the return one could earn on the next best alternative. A simple way, we can understand that opportunity is the benefit you could have received by taking an alternative action. All investments of a company involve opportunity cost. A dollar today is worth more than a dollar in one year because the dollar today can be invested and will increase more than a dollar in one year. The dollar you can get after one year carries an opportunities cost equal to the return on the forgone investment. Thus, opportunity cost is the forgoing cost and when there are a number of business alternatives. The decision makers always select the alternative which has the highest opportunity cost because if the decision maker selects any other alternative he or she has lost the opportunity. Companies usually use opportunity cost to evaluate a capital Investment project. The company can compare between the projected return and the return it would earn on the highest yielding alternative investment involving similar risk. For example, a company has a free amount of money in the bank that earning interest 10% after 1 year. If this company uses this amount of money to invest a project, it will get 15% profit after 1 year. In this example, opportunity costs of this company are 5% (15%-10%). Decision makers of a company always have to consider choosing the way which can give them the maximum benefit that can cover all costs. They use opportunity cost to analyze a project and the simplest way to estimate the opportunity cost is to compare the present choice with the next best alternative that could be made. However, it is not easy to make comparison because many alternatives do not have a market price or very difficult to calculate into money. Question III: In America, Vietnam or any other country, what is appropriate question to ask when evaluating an investment opportunity? Explain why. When evaluating an investment opportunity in America, Vienam or any other country, the appropriate question that company usually concern is what is the discount rate? The discount rate is rate of return that recognizes the time value of money. It is calculated based on cash flow expected in future from the investment. Management of a company always compares the discount rate of many projects to choose which projects with maximum return or wealth for the companys stockholders. The discount rate is also related to a risk factor that recognizes the uncertainty associated with achieving future profit forecasts. The risky projects can bring high discount rate to investors. However, it is not easy to determine the appropriate discount rate because it is calculated by using discounted cash flow techniques. Besides, the appropriate discount rate is influenced by some main factors. The first factor is related to macroeconomic conditions such as inflation, interest rates and country risksà ¢Ã¢â€š ¬Ã‚ ¦Vietnam has higher country risks than America because Vietnamese policies can be changed very fast. The second factor is matter of the industry such as avera ge of profit ratio in the industry The third factor is the company policy which related to capital structure. Otherwise, there are some factors related to projects themselves. Evaluating the factors helps investors define discount rate and therefore they have an overview of the investment opportunity. Besides, management have to foresee the estimated future benefits are large enough to justify the current expenditure as well as the proposed investment based on capital budgeting. It is the most cost-effective way to achieve their goals. The discount rate to be applied can be based on the facts and circumstances of a particular case as well as the analysis of the likelihood of achieving forecasted lost profits. Companies have to assess the relevant factors in determining an appropriate discount rate that help them build a stronger case in support of their damage position. Question IV: Discuss the true economic cost to Daimler-Benz (Mercedes) when it purchased Chrysler in 1998. How did that workout? In May, 1998, Daimler-Benz and Chrysler Corporation, two of the worlds leading car manufacturers, agreed to combine their businesses. Daimler-Benz purchased the Chrysler Corporation at $37.3 billion. The former Chrysler Corporation was given autonomy to manufacture mass-market cars and trucks while the Germans firm continued to build luxury cars. Thus, purposes of this business for Daimler-Benz is to access to the North American market for automobiles without diluting the image of its Mercedes-Benz brand. Otherwise, with acquiring Chrysler they can get production capacity outside Germany and opportunity to learn from Chryslers envied process of making decisions quickly and bringing new vehicles to market promptly. However, the true cost to purchase the Chrysler is not $37.3 billion because the Chrysler has $15.5 billion in interest-bearing debt that makes the total price to purchase is $52.8 billion ($37.2 million + $15.5 million). Thus, Chryslers assets need to make future cash flow worth at least $52.8 billion. Therefore, the true economic cost to Daimler-Benz when it purchased Chrysler is over $52.8 billion. After purchasing Chrysler, Daimler-Benz firm had to bear many extra expenses related to changes in many factors such as leaderships, business strategy, culture clash and management styles. The Daimler is different from the Chrysler different in businesses. The Daimlers core competency is high-valued, technically advanced cars and focuses on development of luxury cars whereas Chrysler focused on mass market and considered as a very cost effective company. Moreover, European culture is far different from American style and there may appear conflict of management style in a short time. Thus, it is difficult to the business and cash flow for DaimlerChrysler in the future. Therefore, DaimlerChrysler faced failures in operating. Despite significant short and medium term expected synergies, DaimlerChrysler has been negative profits after the deal. In 2001, DaimlerChrysler got loss of $5.8 bi llion which was the biggest loss in German business history. In 2007, The Chrysler was bought of 80.1% (about $7.4 billion) by Cerberus Capital Management LP. This price is much cheaper than the price ($37.3 billon) when Daimler purchased Chrysler in 1998. After 9 years, this deal marked the divorce of Daimler and Chrysler. Question V: A sporting good manufacturer has decided to expand into a related business. Management estimates that to build and staff a facility of the desired size and to attain capacity operations would cost $275 million in present value terms. Alternatively, the company could acquire an existing firm or division with the desired capacity. One such opportunity is the division of another company. The book value of the divisions asset is $140 million and its earnings before interest and tax are presently $30 million. Publicly traded comparable companies are selling a narrow range around 12 times current earnings. The companies have debt-to-asset ratios averaging 40 percent with an average interest rate of 10 percent. Using a tax rate of 34 percent, estimate the minimum price the owner of the division should consider for its sale. Multiple = Market Value / EBIT (1-tax) Therefore, Market value = Multiple x EBIT (1-tax) Market value = 30 (1-0.34) x 12 = $237.6 million Market value = D + E D = 40% x $140 million = $ 56 million. E = Market value D = $237.6 million $ 56 million = $181.6 million. With calculation above, the minimum price the owner of the division should consider for its sale is the value of its equity (E). The minimum price is $181.6 million. b. What is the maximum price the acquirer should be willing to pay? The maximum price the acquirer should be willing to pay is the market value. In this case, it is $237.6 million c. Does it appear that that an acquisition is feasible? Why or why not? Because the companies have debt-to-asst ratios averaging 40 percent with an average interest rate of 10 percent, the price will be: $237.6 million + ($237.6 million x 40%) x 10% = $247.104 million The price above is less than $275 million. If the managements build and staff a facility, they have to pay $275 million. Thus, this acquisition is feasible. Otherwise, the company can utilize staff and facility. d. Would a 25 percent increase in stock prices to an industry average price-to-earnings ratio of 15 change your answer to (C)? Why or why not? In this situation, Market Value = $237.6 million x 1.25 = $297 million. The price in this situation is more than $275 million. If the managements build and staff a facility, they have to pay $275 million. Thus, with 25% increase in stock prices to an industry average price-to-earnings ratio of 15%, my answer to (c) will be changed. e. Referring to the $275 million price tag on the replacement value of the division, what would you predict would happen to acquisition activity when market values of companies and divisions rise above their replacement values? When market values of companies and divisions rise above their replacement value and related to the $275 million price tag on the replacement value of the division, I predict that the company will acquire existing firm or division with the desired capacity instead of building and staffing new facility. Question VI: What does it mean when a companys free cash flow is negative in one or more years? Free cash flow always measures how much money a company generates after deducting maintenance capital expenditure, but before capital expenditure on expansion. Free cash flow is important for any company because it a company can pursue opportunities that increase shareholder value with free cash flow. It is difficult for a company to launch new products, make any acquisition, pay dividends and reduce debt without enough cash. In theory, Free Cash Flow = Net Income + Amortization/Depreciation- Changes in Working Capital Capital Expenditures. Thus, if the free cash flow is negative in one or more years, company may have large investments. If these investments get a high return, profits that a company attains are more than costs to be paid. Otherwise, a profitable business or in some particular industries may have negative cash flow especially in the beginning of investments. In these cases, negative free cash flow of a company can be accepted in a short time but not in a long time. b. Do negative values of free cash flow in way alter or invalidate the notion that a companys fair market value equals the present value of its free cash flows discounted at the companys weighted average cost of capital? Free cash flow is the amount of cash a company has after expenses, debt service, capital expenditures, and dividends. The higher the free cash flow of a company, the stronger the companys Balance Sheet. Free cash flow can affect the value of a firm. Negative free cash flow can not define the value and it has no sense. However, negative values of free cash flow invalidate the notion that a companys fair market value equals the present value of its free cash flows discounted at the companys weighted average cost of capital. Some divisions of a company may accept loss in order to increase free cash flow of a company in the future. c. Suppose a companys free cash flows were expected to be negative in all future periods. Can you conceive of any reasons for buying the companys stock? Free cash flow is the most important number to be needed to know about a company before buying its stock. Big companies usually throw off large sums of free cash flow whereas young or growing companies may have a negative free cash flow. We can buy the companys stock if the companys free cash flow in the short time. However, if a companys cash flow were expected to be negative in all future periods, we should not buy their stock because the companys finance situation is not good. The company may get troubles in sales, heavy debt, ineffective investments or other causes in operation that result to a cash flow with higher expenditures than income. With negative cash flow in all periods, the company may have to bankruptcy. Therefore, there is no reason for buying its stock. However, if we know that the company has some big projects and will get high return in the long time, we can consider buying the companys stock because large investments can make the company having negative cash.

The Annunciation: A Painting by Francisco de Zurbaran :: Essays Papers

The Annunciation: A Painting by Francisco de Zurbaran Works of art can best be appreciated when the elements of design, the principles of design, and the iconography of the work are observed and understood. The Annunciation, a painting by the Spanish artist Francisco de Zurbaran, is a work of art that incorporates both the elements and principles of design. The iconography of the painting is of great importance as well as its aesthetic quality. The ability to create a picture of The Annunciation in one’s mind is a key factor in understanding the analysis of the work. Francisco de Zurbaran approaches the painting with a naturalistic style. The painting features a room in which a woman – like angel is seen at the left kneeling on the ground before the Virgin Mary. The figure of Mary is placed between a chair and a small wooden table draped with a green cloth. Mary disregards an open Bible on the table, as she appears solemn while staring at the floor. Floating above the two main figures in the upper left side of the painting are cherubs resting on a bed of clouds. They happily gaze down at Mary with eyes from Heaven. The Annunciation uses elements of design to create a visually pleasing picture. The visual elements consist of light, color, texture, shape, and line. The use of light is one of the most evident elements in this painting. The source of light is not directly visible in the painting, but appears as a radiant angelic host floating above the two main figures. Light emphasizes the fair skin of the Angel and Mary as they both look down towards a shadowy floor. Light also reflects the open Bible on the table suggesting emphasis on the holiness of Mary. The rest of the room remains eerily dark and dull. Color is used to draw attention to important characters and objects in the painting. The red of Mary’s shirt emphasizes her place as the main figure. A bright, yellow cloud floating above the room symbolizes the joy of the angelic figures. De Zurbaran uses warm colors in the foreground. The room, used as the background for the scene, is painted in dark colors utilizing different hues of gray and brown. An observer can also obtain a sense of texture in this painting.

Invisible organizations and systems in LEGOLAND® Windsor Resort Essay

Invisible organizations and systems that part of the firm that reflects the rules, regulations, and processes upon which the organization is based. (John E. G. Bateson, K. Douglas Hoffman, 2010, page 11) The main role of LEGOLAND ® Windsor Resort is to offer services that afford thrills, fun and experience; however, all customers consume them at the same time. That means they are influenced by each other, next by LEGOLAND ´s contact personnel (Service providers) and the big part of their final experience is being influenced by the servicescape – by all visible factors of Servuction model. In order to achieve the maximal possible satisfaction of customers, LEGOLAND ® Windsor Resort uses it ´s invisible organizations and systems that support all previously mentioned factors and allow them to serve the customers and give them ordered services on the appropriate level. The customers consume the services without having to see and know the behind-the-scenes activities. Rides and Attractions – LEGOLAND ® Windsor Resort offers over 55 types of rides and attractions which including Miniland, LEGO ® City, Adventure Land, Land of the Vikings, Imagination Centre and other different interactive attractions. – Visitors buy ticket and can to savour a lot of fun, however behind this experience there is maintaining of the attractions which is invisible for visitors, but very important for their security. Visitors cannot see the system used for allocating attractions throughout the park. http://www.legoland.co.uk/Explore/Activities/ Resort Hotel – Visitors can book online one of the 150 rooms which are fully themed with LEGO features from the dragon-guarded entrance through to the brightly colored pirate splash pool and themed bedrooms, too. – The main core of the Resort Hotel is staying overnight which is visible for customers. Although the customers may never see the system assigning rooms or preparing the rooms for a new customer. http://www.legoland.co.uk/Explore/New-for-2013/LEGOLAND-Windsor-Resort-Hotel/ Food and Drinks – Customers can choose place where to eat from 5 Food options and 5 Dining offers, they also can reserve a table or contact the LEGOLAND Windsor Enquiries Team with customers ´ specific dietary. – When the customers make an order, they get a prepared meal but they do not know how the meal was cooked and how the kitchen is supplied with commodities. http://www.legoland.co.uk/Explore/restaurants/ Shopping –9 types of shops are located throughout the park, visitors can experience the ultimate LEGO shopping in the largest retail shop called The Big Shop. With LEGOLAND ´s â€Å"Buy Now, Collect Later† option, customers can explore the LEGOLAND ® Windsor Resort and shop to their heart ´s content without having to worry about their items. Shop assistants will keep the items safe until customers are ready to collect them at the end of their day. – Supplementing the shelf of goods, unloading and storing the goods in a warehouse are all invisible for the customers. In some cases the customers will never meet with the supplementing thanks to a â€Å"Buy Now, Collect Later† option. http://www.legoland.co.uk/Explore/Shopping/BIG-Shop/ Birthday parties – Visitors have an option to celebrate their birthday at LEGOLAND ® Windsor Resort, they just have to email LEGOLANDs ´ Birthday team who will arrange the customer ´s birthday party. – The Customers do not have any care with party because everything will be prepared by team, therefore they cannot see which system used in arranging of birthday room and an event. http://www.legoland.co.uk/Plan/tickets/Birthday-Parties/ Water play area – There is also a LEGO themed indoor water play area specifically designed for family fun and a life guard for safety. – Swimming pools have to be maintained because of hygiene and safety of visitors therefore maintainers control pH of water and they fill and discharge water in the pools. All of these operations are practiced when visitors are absent. http://www.legoland.co.uk/Hotel-FAQ-Container/Adult-Swimming-Pool/ Internal relations between the main elements and processes in LEGOLAND ® Windsor Resort The first step to identify internal relations, we must recognize the essential elements of LEGOLAND ® Windsor Resort. The service management system (Figure 1) will help us to solve this issue. (Normann, R., 2002. Service management: Strategy and leadership in service business. 2nd ed. Chichester: Wiley, pages 57- 60) Figure 1 – The service management system

Understanding the Creative Media Sector

Understanding the Creative Media Sector. Assignment 4 unit 7 Nolan Benson ? Nolan Seth Benson Assignment 4 Unit 7 CONTENTS PAGE Page 1&2 – INTRODUCTION Page 3&4 – PRO’S AND CON’S OF FREELANCING Page 5&6 – IMPORTANCE OF NETWORKING Page 7&8 – VARIETY OF EMPLOYMENT ROLES Page 9&10 – OTHER IMPORTANT INFORMATION Page 10&11 – CONCLUSION&BIBLIOGRAPHY INTRODUCTION When you make a conscious decision to study and work towards something educationally, you have to know exactly what you want and where you want to go after the course, and what you will gain from the course.Obviously when you start you have goals to work towards, so when it all comes together there is no better feeling. Knowing what you want is vital when choosing a career path, so putting in lots and lots of research will defiantly benefit you in the long run. When it comes to making a decision about your career path always keep yourself in mind and remember that you will hav e to make some sacrifices when it comes to getting your dream job. Our generation, the youth of today has been brought up in a false culture when instant ratification plays a major role in our day-to-day lives. Technology is always moving on and up to better things making us, and our world a more sophisticated place to live in. When it comes to employment opportunities, the world is your oyster. Especially living in England, we have connections all over the world so broadening your horizons will always benefit you in the long run, by the end of this report we should be able to understand exactly what opportunities and where will come your way when becoming a broadcast journalist.We will consider the types of potential positions you could work in when working towards your final destination, I mean there is no fun in just getting to the top of your field without working hard in all different areas before. It’s highly unlikely that you will be able to jump right into what you wa nt to do. You must take into consideration all the different things you will have to do and learn in order to acquire the skills that you will need to become a top broadcast journalist.Starting from the bottom and making your way to the top is ideal by the end of this report we will find out exactly how to start at the bottom, make contact’s and connection that will ultimately help you in getting to the top. We will also have an in-depth look into all the places where people advertise for jobs and roles in the broadcast and journalism fields. We will look online especially because everything is going digital, but we will also have a look into what magazines and newspapers advertise for this sector.We will also have a look at the importance of making good friends and acquaintances in the industry that can ultimately help you to elevate yourself above the rest of the competition and get you to your end goal. The importance of personal growth is not only a key factor in the broa dcast and journalism sectors, but also in life itself. So when an opportunity comes around for you to gain knowledge and an understanding of your sector, grabbing it with both hands is really important. Make mistakes as you go, but make sure you never make the same mistake twice. Also actively seeking workshops or courses that will enhance your knowledge is key.So don’t be lazy, be proactive! PRO’S AND CON’S OF FREELANCING PRO’S One of the pros of freelancing in the media industry is the fact that your working hours can be really flexible, this flexibility is great because it often means that you get to choose what hours you work, especially when working from home. This cuts down the time and money you spend commuting to and from work every day. Often when you get freelance work in the media industry it’s got to be in on a certain deadline, this gives you the option to manage your time the way you want to spend it.If you're a night owl, you can spe nd your day working on other projects, hobbies or simply enjoying the ‘free time', with evenings spent working. Alternatively, if you wish to cram in lots of work into a 3-day week, it's your prerogative as long as you meet your deadline and deliver quality work. However if you find that you aren’t really motivated when you are at home and can’t find the time to put in quality work under your own systems, then you seriously have to recognise and realise because handing in work of a poor quality will only tarnish your name and your reputation.If you manage to become an established media freelancer people will trust you with work they need done. Getting to this point will take years and years of hard work and dedication but once you are established you will never find yourself without something to do. As a result of becoming established you get to choose exactly what work you want to do so if you particularly enjoy doing one aspect of film for example, you may be l ucky enough to earn a steady income just doing that. But if you get bored there is always an opportunity to do some other medium of work.CON’S As a freelancer, especially if you are still up and coming and not established and well known, your work and income for the month may not always be guaranteed. One major consideration you have to take in as a freelancer is weather you’ll be able to secure enough work to meet your financial needs. You might find that you will have to build up a portfolio of clientele, or if you are contracting yourself out to media companies there could well be dry spells when you don’t have work coming in and when you are looking for new work to go into.So if you are considering freelancing, then it would be a good idea to either take on some part-time work while you build your portfolio of clientele, or you could save a little bit from each job as a contingency plan for when the work becomes scarce. You should also defiantly keep yoursel f in the loop when it comes to the world you are living in, recessions and economic slowdown can hit freelancers and contractors really badly. As a freelancer, unless you have your own accountant, you’ll have to take care of your own bookkeeping duties and tax affairs.Weather you’ve set yourself up as a sole trader or a limited company, you’ll need to be up-to-date and precise when it comes to your tax affairs because you could be audited at any given time. PRO/CON You are your own boss! Becoming your own boss defiantly has its plus sides. For example, if you choose to take a week off on holiday, you don’t have to ask anyone else. There is no set start time for you to get to work, and there is no clock watching, waiting for the end of the day to arrive. You and only you reap the rewards and praise for your work, and you don’t have to share the profits with anybody else.However, having no boss to make sure you are working can also have its downsides . For one, you will be liable for your reputation and any problems that arise. Your reputation, once dented, may take a long time to recover if you have networked extensively. There will be no one to share the load when the going gets tough, and you will have to deal with all your clients and their problems by yourself. Nevertheless, all of the above are hypothetical scenarios, and the chances are that if you are dedicated, passionate, motivated and punctual, then you will be able to make a success of yourself and your career when freelancing in the industry.IMPORTANCE OF NETWORKING Why is networking so important within the industry? Incorrect networking could mean disaster when it comes to trying to progress in your chosen career. Networking done improperly could tarnish your name and your reputation within the industry. But done properly it is a key that will unlock many doors on the path towards making a well-respected name for yourself in the industry. I’m going to give y ou five points on why networking and meeting new people is key to progressing in your chosen career path. 1.Networking is a really successful way to meet contacts that you would previously had no way of meeting or contacting. Meeting a prospective client face to face at a networking event or meeting is by far the best and most reliable and successful way to go about fixing up a business meeting with that person. If a physical and personal relationship is established before you pick up the phone or swop business cards and information – your chances of doing successful business together with that person probably tripled then if you had just cold called them. 2. Do not forget that everyone you network with has somebody else that they know.Although your immediate group is extremely important, everyone that they know is as well. Your referral circle is widened greatly by joining a group of networking contacts. 3. If you do a good job for your customer and that said customer decide s to recommend and refer you and your services to four of their colleagues, friends and family-that’s great. However if you’re part of a big networking group that meets once a month, and only ten-twenty members tell somebody they know about you and your business already your exposure has more than doubled. This is great because this gets more people aware and talking about you and what you can offer.By growing the right network, the ultimate in â€Å"Word of mouth† marketing takes place. You promote your network, and your network ultimately promotes you. 4. It’s like having your own management team on standby. Businesses need to be prepared for all types of eventualities, especially in a recession. Unfortunately in a tough economic climate anything can happen and instead of having to rely on people and business that you don’t know in hard times – if you network strategically then you should have a selected group of people at your fingertips that you can call upon, if and when, you need support or elp. 5. If you are a small business or a just getting started in the industry you may feel that a networking group could bring to much business, workload that you might not be able to handle right now, due to being busy or understaffed etc. fear not though, networking provides you with a key to business –choice, its not like you are forced to do accept every piece of work that comes your way, instead you have the luxury of picking and choosing which customers and which work suits you and your schedule.Sometimes if businesses are desperate for work then they are forced to take on anything that comes their way, even if it does mean working for less money. If there is a choice of clientele, then you maybe able to pick and choose whom you do business with. This gives you the ultimate freedom to work with people that will benefit your business and that will bring out the best in your work. VARIETY OF EMPLOYMENT ROLES (Broadc ast Journalist) What can you expect and do in the job?Broadcast journalism is the collection, verification and analysis of information about key events, which affect society and the people within society, the publication of information in a fair, accurate, impartial and balanced way to fulfil the publics right to know in a democratic society. This contains and involves a wide variety of media including radio, television the Internet and wireless devices. Broadcasting journalists involved with working in the television industry work in a number of different roles and genres, these include; news, current affairs, or documentaries.Broadcasting companies may also employ them, or they could work on a freelance basis. The role of a Broadcast Journalist is to turn information into pictures and sound, reporting and producing live and/or recorded packages as well as researching, preparing and reading bulletins. You will be responsible for generating content from a wide range of subjects. You will be encouraging new contributors and developing their ideas as well as your own. You are likely to be working as part of a team, generating your own stories and bringing on board new ideas. ?You will be initiating and producing a wide range of news and current affairs material nd will be expected to carry out in-depth research to a broad brief, write material for programme scripts, bulletins etc and at all times exercise excellent editorial judgement and adhere to legal and good practice guidelines. ?You may carry out interviews and reporting duties, in both recorded and live situations, in a studio or perhaps on location. You can expect to be involved in originating and developing programme ideas to support forward planning of material and future programmes and provide briefings for reporters, camera crews and other resources staff and contributors.?You will need to operate broadcast equipment: in radio, portable recording equipment, self-operating outside broadcasting vehicle s and studio equipment in television, to direct camera crews on pre-recorded and live coverage, to oversee editing and operate gallery equipment.? You may be responsible for programme budgets, ensuring effective use of money and resources, supervise the work of Broadcast Assistants and most certainly, as a Broadcast Journalist you would need to develop and maintain local and perhaps national contacts and fulfill a public relations role. ww. startintv. com How to start and where you can go with it? Broadcast journalists should have successfully completed a degree in broadcast journalism, multi-media, TV or online journalism to name but a few. Everybody’s path is always different, but keeping opportunities open and available is key to getting the correct qualifications. IT and word processing qualifications are also required. Broadcast journalists obviously start their careers either as a runner or an assistant to an executive.Other starting points could be as a researcher or a newsroom assistant, progression to becoming an on screen reporter, special correspondent, news presenters, and bulletin or programme editor will always be available if you are prepared to put in the hours as an assistant or researcher, becoming fluent in all these aspects will only serve to benefit you down the line. As a broadcast journalist you may also move into programme production or management roles, or become journalists, newspaper reporters or writers.Some broadcast journalists may also start their careers working as newspaper or other print press journalists. The opportunity for career progression as broadcast journalist is ever growing, jobs are available across a range of functions, requiring different skills, knowledge and experience. Initially, a recognized journalistic qualification or substantial practical experience (3years+) is a good starting point. A special interest, for example, in sport, entertainment, fashion, arts etc, with a good general knowledge of curren t affairs would defiantly support your career as a broadcast journalist.OTHER IMPORTANT INFORMATION Professional Documentation/Portfolio In this fast paced an ever-changing world we live in the need for you to advertise yourself and your work as a business is vital in progressing to any higher statues you may want to achieve. The need for professional documentation is vital for prospective businesses and employers you hope to work for. Presenting yourself in a professional manner is important because the person looking you up for a job, the first thing he/she will look at is your c. v. , on your c. v. s everything about you and your career interests, if this is not professional people will not take you seriously. Having a website that can also show your work to prospective clientele is also a key factor is securing yourself a regular income doing what you love, the internet can offer people information almost instantly, this is great because companies will be trolling the web lookin g for the relevant people. So if your website is professional and portrays professional work done by yourself, consider it a key step in the right direction for you career.Also every time you do business with somebody make sure he/she is satisfied and satisfied enough to the point that they will write a good reference about you and what you do for future clients to see. These references are extremely important because they offer justification about what you can do to future business partners. Also keeping all the work you have ever done in a portfolio will only set you in good stead in the future with prospective employers and business partners. Another important thing to keep in mind when becoming a broadcast journalist is to be ever learning and experiencing new things.If you are constantly gaining recognised skills and qualifications it will only benefit you and your career in a positive way, being ahead of your competition at all times will set you in good stead when working to becoming the best in what you do. Gaining skills will always put you one step ahead of the rest. So do as many courses as you can in as many different areas as you can. They key to life is education so constantly education yourself will only allow people to understand and take you more seriously, and hopefully the people you are trying to reach will listen.Maintaining professional behaviour and conduct at all times will only benefit you and your career. No body likes a smart arsed know it all, rather give yourself and your employers and colleagues 100% satisfaction by not rocking up to work late, being punctual will only help to progress your career, obviously if there was one position left and you and one other person had applied, if you have respect and your attendance, punctuality, commitment are all on point and his aren’t then just by maintaining professional behaviour you will get the promotion over the slacker any day.Being professional is vital; saying the wrong thing at the wrong time can cost you your job and your reputation in this industry. Its cut throat and the situations you may find yourself in are high pressure, so if you take care of the small things like being smart, arriving on time and having good manners, for example, the big things will take care of themselves. CONCLUSIONBroadcast journalists can expect a long and invigorating career, provided they constantly work at progressing and learning as much as possible, if you are prepared to put in the long hours for a small story then you can do nothing but progress into high positions of power. Becoming a sought after, well-respected individual will only help you to make a successful career for yourself as a journalist. To become a broadcast journalist, you should have: †¢excellent communication and ‘people’ skills †¢good listening and questioning skills †¢empathy and tact †¢good writing and research skills confidence and a clear speaking voice †¢p ersistence and motivation †¢calmness under pressure and the ability to meet tight deadlines †¢a creative approach with the ability to ‘think on your feet’ when necessary †¢an understanding of what makes a good news story †¢a high degree of accuracy and attention to detail the ability to work on your own initiative and also as part of a team. BIBLIOGRAPHY www. acareerchange. co. uk www. careers. guardian. co. uk www. bni. eu/regional-news www. startintv. com/jobs/broadcast www. nationalcareersservice. direct. gov. uk/advice