Monday, December 30, 2019

Creating a Business Report and Social Media - Free Essay Example

Sample details Pages: 2 Words: 661 Downloads: 7 Date added: 2019/04/10 Category Society Essay Level High school Tags: Social Media Essay Did you like this example? Do we know and understand what a business report is and the significance of one might be? Who would need to create a business report.? A business report in hindsight is simply outlining important factors of a specific project, or it can be a bit more informative and in-depth providing a detailed report regarding improved salaries, benefits, working hours, and even evaluating procedures within an organization. There are 5 easy steps to ensure you have an informative, yet effective presentation. When following these steps, it is also necessary to recognize how the social media platform and the way business information is delivered. Don’t waste time! Our writers will create an original "Creating a Business Report and Social Media" essay for you Create order First one must determine the scope (purpose) of a report. Try to understand why the report is necessary and how will it be effective. A business report can have exhibit a wide range of purpose such as organizational polices and procedures, ideas and concepts, as well as establishing control and coordination. The second step in creating a business report is understanding who your target audience or reader might be. For the data thats being provided to be clear and concise, some unique factors one will need to be considered when preparing your report would be, for example, ones educational level, position within the organization, age, preference, and attitude are all important factors to consider when preparing your report. Lets just say you are providing a presentation to a committee board regarding the development of a new recreation center in the community. You would want to be sure to think about any graphs or models that would best demonstrate any projections. Be sure to make the introduction visuals and ideas that will capture your audience attention. The third step after youve determined your audience, will be to analyze and organize the business information. It is most important to analyze the data within the information prior to writing to ensure the objective makes sense based on the information and data gathered and that will be presented. The analysis stage is particularly important because it assists in the ensure there is no bias in the business report. The fourth step of the report is providing or recommending any possible solutions for any problems encountered by the business. Often it is necessary to find the root of any problems that have or will likely recur. This is the time to discuss any topics, issues, concerns, and decisions should all be well organized in the report and ready to be presented to your audience. The ability to identify multiple solutions to these problems can prevent potential cost and complexity. Be sure to discuss all course of action plans within your report and assign responsibility to the appropriate individuals to execute the solutions. The fifth and final step in creating a business report is to review and refine the details of your presentation. This step gives you the opportunity to proofread your material for any grammatical and typographical errors, also make sure any number being used in statistical data is correct. If your information is valid, you want to make sure it looks as such visually. Since a business report is typically formal, your report should likely include headers, footers and page numbers. Often time asking a friend or coworker to review your report before presenting is usually helpful. End your presentation with a summary reflecting the presented data and clearly restate your point. In todays world of social media, any data provided small or large organizations will be reached and utilized by some social media platform. Social media platforms allow businesses to create a relationship with its current or future customers. Social media boards allow business to advertise, track vies and comments, and even gain statistical results. Social media has assisted in getting business in front of potential customers who may be interested in a service or product. Not only has social media changed the way of the world but has truly changed everything for the corporate world. Refence Brown, L. (2013). Effective business report writing.

Sunday, December 22, 2019

Essay The Significant Role of Money in Everyday Life

Money is a major driving force in our lives, and people will often act in immoral and exploitative ways to acquire it. This money-immorality association is well established in psychological research, with results consistently showing that subjects who are primed to think about money are later more likely to lie, cheat and steal than the subjects who were thinking about other factors. However, the study performed by Francesca Gino and Cassie Mogilner suggests that it is not necessarily money – or the love of it – that is the root of unethical behaviour; but instead it is the way the thought of money suppresses reflection. The researchers suggested that the tendency to cheat could be reversed by prompting people toward self-reflection.†¦show more content†¦Consequently, these studies together show that implicitly activating the concept of time may reduce cheating behaviour by encouraging people to engage in self-reflection and â€Å"reduces their ability to enga ge in this creative explanation for why what they are doing is okay†. The extent to which people behave in ways consistent with their moral convictions impacts their moral self-image. People are generally motivated to maintain a positive moral self-image (Monin Jordan, 2009) and while this motivation can lead people to rationalise and justify their immoral acts, it also leads people to behave in value consistent ways (Aquino Reed, 2002; Blasi, 1983; Damon Hart, 1992; Monin, Pizarro, Beer, 2007). Individuals build and maintain a positive moral self-image through behaviour they view as ethical, upholding this self-image by avoiding immoral acts. The desire to maintain a positive moral identity may motivate individuals to avoid contact with objects possessing negative moral associations for fear of moral contagion (Nemeroff Rozin, 1994). Contamination is associated with a strong emotional response and the motivation to distance oneself from tainted objects or people (Haidt, Rozin, McCauley, Imada, 1997; Rozin Fallon, 1987). Thus, it appears that m oral contamination can affect perceptions of desirability and value,and alter perceptions of something highly desirable, such as money. Therefore the need to maintain a positive moral self-image reducesShow MoreRelatedFactors That Influence The Model Of Reception That Shapes The Meaning Of Cultural Objects Essay1477 Words   |  6 Pagespositions not only influence cultural participation but also affect interpretations of texts themselves† (Childress and Friedkin 2012: 48). What this means is that people are biased because their positions in societies and their backgrounds plays a role in how they interpret and view things. These include their gender, race, economic class, etc. In the article, they talk about a study that was conducted using members of book clubs. These participants meet on a regular basis to discuss works of fictionRead MoreHenrik Ibsen s A Doll s House1005 Words   |  5 Pageswork will notice he tends to incorporate everyday problems into his work. Ibsen use of everyday problem gives audience better insight to better relate to his plays, and reflect upon their own situations which would also make his plays believable. Ibsen would make his endings occasionally open-ended. Ibsen would do this, so audience members could think for themselves. It would be up to the crowd’s own interpretation on how the characters would continue life. In The English Review article â€Å"A New WorldRead MoreImportance Of Basic Knowledge Of A Car1590 Words   |  7 Pagesis very relevant in our daily lives. Cars have a very active role in our everyday lives. Using them to get from point A to point B on a daily basis . Yet people seem to take for granted the reality of the situation ,at any given time any car can and will break. Knowledge of a motor is needed in basic life. With transportation on the rise, people seem to lack basic knowledge of what is beyond the dashboard of their own cars. Everyday people trust that when they come back from work or are doneRead MoreGeorge Levingers Definition of Close Relationships and How Its Changed Today792 Words   |  4 Pagesand group behavior, examined interpersonal relationships and what is needed to make one successful. He defined a successful close relationship containing five components; 1) frequent interaction, 2) between spatially near partners, 3) who share significant common goals, 4) exchange personal disclosures, and 5) care deeply about one another. His definition of interpersonal relationships is one part social, one part physical, and three parts psychological. Although I agree with the components of hisRead MoreInfluence Of Mass Media Essay1178 Words   |  5 PagesHow big of a role does mass media play on societies everyday lives? Communities often conform to one another and follow in the path of their peers. Media affects this by revealing new trends and showing a better way to perform at certain tasks. From the way consumers shop to the new style or fad going around media affects it all. Mass media especially affects the youth and teen because, their minds are much more vulnerable to what the see on TV, social media, and magazine. Media will even degradeRead MoreNew York Of The Twenties956 Words   |  4 PagesNew York in the twenties â€Å"marked significant changes in lifestyle and culture† (Boundless). The twenties were booming with new technology and ways of life. They were also in prohibition, which led to corruption and organized crime groups like the mafia. New York in the 1920’s is authentically portrayed in the The Great Gatsby as the epicenter of wealth, crime, and good times. First of all, the culture in New York City and Long Island in the 1920’s was roaring with many good and bad opportunitiesRead MoreThe Gilded Age Of The Late Ninetieth And Early Twentieth Century Essay1518 Words   |  7 Pages In the late ninetieth and early twentieth century; also known as the Gilded Age, there was a rapid growth in the Unite States’ economy and a large increase in population due to the significant changes made in the industrial industry of the country. The reasoning behind the rapid influx of European citizens migrating to United States was because payment wages in America were dramatically higher than those in Europe and the availability of jobs were also significantly higher as well. All the newRead MoreIndustrial Revolution Impact On Western Society1521 Words   |  7 Pagestravel and transport goods. It can easily be seen that the Industrial Revolution is one of the most significant events in the formation of Western Society. During t he period from 1780 to 1850 (Sherman and Salisbury 517), there were many technological advances made, and this period is known as the Industrial Revolution. The Revolution prompted massive economic growth, urbanization, changes in gender roles, and paved the way for the development of the modern Western society. Although the Scientific RevolutionRead MoreRequired By Working Parents Stay At Home Parents915 Words   |  4 Pagesis one of the problems faced by working parents. The impact of childcare complications for a workplace, education of children, and society as a rule, still cant seem to be all around coordinated into national approaches. For guardians who work for money or might want to work, childcare is a worry that is practically general. One way that specialists have been accepting different sorts of help with childcare is through their working environment. This paper is going to discuss three main topics thatRead MoreKeynesian Theory And The Difference Between Real And No minal Variables1126 Words   |  5 PagesEconomics is not only useful to those who use it to determine future outcomes for the world, but it is also an important part of society’s everyday life. We unknowingly understand concepts derived from economics when we are trying to make choices of what to buy, what to invest in, when to be conservative about spending, and much more. Understanding the Keynesian theory and the difference between real and nominal variables may not directly affect each other, but both play a part in how we relate economics

Friday, December 13, 2019

Radio Documentary Free Essays

RET potash a series called Documentaries on 1, these touch on may subjects and might be suitable for the longer version of this programmer. However, I would like to think that other stations will be willing to look at the subject matter and consider it as a stand-alone piece. The independent radio stations, Nearer – or LOAM, regularly do these kind of projects. We will write a custom essay sample on Radio Documentary or any similar topic only for you Order Now Radio Techniques Voice, passion, and the stark contrast will play the main element of my documentary. Music will be important, but not the main factor. I intend, at this time, to use a cut in as my intro. This will be a combination of low bass slow beat Music, overlapped by a girl crying, fading out to a door closing, heavy rain falling, and then introduction. Here I will come in and introduce my if rest guest†¦ Don’t have any plans to intermittently use sound effects through the programmer, however, that may change when look at post production; I’m not ruling it out at this time. Troubleshooting refer to take the approach of trying to see of any problems before bring my project to paper, think this is why it takes me longer settle on my assignment, and I know this is something I need to address. I do worry a bit that the voices of the two people I know may not be as strong within the programmer itself, but I plan to walk them through it a few times on a ‘Dry run’ before the actual show itself, and I hope this will make them more relaxed. REPORT Last year I was very lucky to meet a young Irish woman called Rosemary, she is homeless, she IS identity less, and she is clinically blind. Rosemary is one of fife’s very hard luck stories, but she is always smiling and she makes the most of life. The statistics for the homeless of Dublin, say an average of 1 60 people without permanent home or shelter, sleep on the streets of the capital city every night. This figure could be off by as much as 50/60 people per night however, as a lot of homeless people walk around during the night and then sleep on a park bench by day, so they aren’t included in the list. Every system that should have been in place to protect Rosemary, has failed her. She comes from a traveler background. Her mother left her when she was very nouns, and she was used and abused by a succession of supposed relatives. The department of social protection classify her as non-existent; she has no passport, no identity card, and no UPS number. She lives in a shed, when she can, and when that is not available, she sleeps in doorways, or relies on the kindness of homeless shelters to help her out. I met Rosier, on a bitterly cold night in Dublin city during a drive to bring clothes and food to the homeless, she was wearing sandals and her feet were purple with cold. It shocked me to the core that a young blind woman, could be homeless, feel her story serves airtime. I wanted this to be part of a bigger documentary, something that looks at the diversity Of life, initially just about Women, but ultimately across a wide divide. Shawn, is the proprietor of Sex Soap, a health based, body safe, sex toy distributor for both men and women. She could not be more different than Rosier. That said, the fact that they are female, both very close in age, both live in Ireland, and neither of them thought they would be doing what they do now, is the thread of my programmer. My show plans to look at the diverse lives of these two women, who, but for fate, could be so efferent. My guest Shawn, came about simply from following her on twitter. Her tweets, which one might expect to be lewd and disingenuous, are in fact very amusing, her ability to speak freely, and also her accomplished style of writing intrigued me. Couple that with the fact that she has won the Realer awards, and been asked to speak about safe sex and body conscious products, was enough for me to know I wanted to include her in this project. Originally wanted my show to be three voices, however, I felt time constraints would limit what each would get a chance to say, and I wanted the entrant to be relatively stark. I found that my time could have been put to better use, by not dithering over the little things, like who to put first on the running order, or how much information to include from research rather than letting their voices be the show. Did struggle with wanting the show to be purely their voices, and realizing that if I’m to market a brand, then I have to be a part of that branding. Women in business do have a harder time Of it than men that is a proven fact. Young women in business harder again, the sex industry business is just rife for negative connotations. However, engaged to find a young woman, filled to the brim with positivist, who speaks regularly at events to not only promote her business, but also to promote safe sex, and healthy lifestyles. Homeless people are generally branded as junkies, or alcoholics, trouble makers, or down and outs, with little if anything to offer to the world. My experience has taught me that is not true, and no more so than now when families are being made homeless against their will. I hope that the choices I have made with regard to imagery through music, different voices, and with the content of the programmer, shows a well- leaned out process. How to cite Radio Documentary, Papers

Thursday, December 5, 2019

Market Entry Strategy for a New Product and Start Up Business

Question: Discuss about the Start Up Business and Market Entry Strategy for a New Product in New Zealand. Answer: Introduction The report would be based on market entry strategy for a new product that would be developed in New Zealand and would be exported to San Francisco. The particular product selected for the venture is ready to eat food for employees of the Silicon Valley in San Francisco. The product would be mainly targeted at the Niche segment of the employees who depend on ready to eat products due to unavailability of time due to their strict work schedule. The main aim of the SME that would be discussed here would be to develop unrivalled ready to eat for the targeted sector and undertake an appropriate market entry strategy to enter the much competitive ready to eat food industry in San Francisco. New Product concept The product that would be developed for the purpose of exporting to San Francisco would be ready to eat food for the niche segment of employees working in the Silicon Valley in San Francisco. Reports highlight that the convenience and demand for ready to eat meals have played an important role in encouraging the growth of ready to eat meals in New Zealand. These convenient meals are seen to be very beneficial for time-poor consumers who do not have time for cooking or do not find it convenient to cook a proper meal. Companies like My Food Bag are major competitors in the ready to eat meal industry in New Zealand. The company offers ingredients and recipes in order to cook nutritious and delicious food quickly. However this effort by the company to promote nutrition in the ready to cook meals have been encouraging other companies in the ready to eat food industry to look for more nutritious alternatives like glutten free products etc. Thus the main aim would be the development of read y to eat meals that have nutritious ingredients that have value addition for the consumers. The key trend that is likely to influence the ready to eat food industry in the coming years is health and wellness. Thus the main aim should be the development of ready to eat products that are both delicious as well as do not compromise on the nutritional value. There are several players in the local market in New Zealand who have been developing niche products in this category which are gluten free and nutritionally beneficial as compared to the ready to eat meals which compromised on the health and wellness factor. However major players like Heinz and My food bag could be expected to enter this segment with the growing demand for nutritional ready to eat meals in New Zealand. More over market research in the ready to eat meals in New Zealand also highlights a growing demand for oriental and Asian flavors with changing ethnic demographics and focus on variety in taste. Bundle of benefits for the targeted Niche market The product development that is being focused in this particular paper is ready to eat food for IT and business people who are time- poor consumers and do not have the time to cook a delicious and nutritional meal. The product would be developed in New Zealand and would be exported to San Francisco Silicon valley and would use retort packaging. The existence of ready to eat meals could be seen in San Francisco but the main difference between those available ready to eat food and the one that would be exported from New Zealand would be the fact that these ready to cook food would be developed for the targeted niche market that is the IT and business people and would be completely nutritional products with a focus on gluten-free products (Chung and Enderwick, 2001). More over a focus could be seen on oriental and Asian flavors being developed in different parts of the world thus the SME in concern would be developing ready to eat food with oriental and Asian flavor which also have nutr itional value. The ready to eat products would not only be developed on Asian and oriental flavors but different food items would be available catering to different taste buds. The targeted market here would be the IT and business people in San Francisco Silicon valley and thus would be targeting the niche market in the ready to eat food industry. The main benefits of these products exported to the targeted market would be nutritional benefit which is mostly missing in ready to eat food items owing to the presence of gluten and other preservatives that could be harmful for daily consumption. More over the focus on development of oriental and Asian tastes would be a welcome change in the ready to food industry in San Francisco. The exporting of the ready to eat food products would be done with the help of retort packaging which are durable pouches for ready to eat meals. All ready to eat food products are sold in pouches and barrier bags which are double laminated layers and protect from spill, puncture and contamination. But the new product developed would be exported to the niche market in retort packaging which is a unique stand up pouch which are mainly used for meals like pasta, rice, soups etc. since many products would be having gravy retort packaging would be best suited for the product delivery (Doherty, 2007). More over the products would be targeting the niche business and IT employees and thus would have to provide food grade material for packaging and retort packaging is also well known for increasing the shelf- life of the product. Since the products would be exported to another country it would be important to use packaging which would increase shelf- life of the products. Retort packaging has become an important alternative to traditional canning methods and would be suitable for export purpose of ready to eat food products from New Zealand to San Francisco (Buckley and Casson, 1998). The targeted market segment would thus have multiple benefits from these newly developed ready to eat meals. Firstly time-constraint customers would be able to consume them without having to worry about nutritional factor and secondly they would have access to different flavors from around the world in ready to eat meals which is quite difficult to find in this segment (Anderson, 1997). Analysis your key competition in the target market and present their brief profiles The key competition in the targeted market could be tough with the presence of ready to eat meals in San Francisco. Wise company is a reputable name in the ready to eat and cook meals in the targeted market and with their online shopping option they could be the main competitors for the SME developing and exporting ready to eat meals from New Zealand. The company also has a special gluten-free food storage section which specializes in gluten free products in general. However the pricing is somewhat lower than the expected pricing of gluten free products to be exported to San Francisco Silicon Valley for Business and IT people (Goodnow and Hansz, 1972). Another competitor in the packaged food segment in the targeted country would be ADF food which mainly engages in exporting ready to eat food in different parts of the world. The company operates in 55 countries and deals in canned foods, chutneys, pickles, frozen food and ready to eat food. The company specializes in distributing orga nic Mexican food across the main stream US market. Thus could be seen as a major competitor in the ready to eat food industry. The company also has manufacturing units in different parts of the world like India and other regions which has brought down manufacturing costs. The company does not only cater to the niche market rather with their different brands like Aeroplane, Truly Indian, Ashoka, Soul, PJs, Camel etc they cater to different market segment from economic segment to the Niche Segment. PEST Analysis of US The PEST analysis would help in identifying the external market factors that could influence the expected ready to eat food business from New Zealand to San Francisco. The PEST analysis would help in highlighting the political, economic, social and technological factors that could influence the export business of ready to eat food in US. Political factors- The effective rule of law and the strong democratic set-up in US makes it an attractive business destination for the ready to eat food segment. The political condition of US could be said to be stable for export business. However the rules and regulations are strict and hence while targeting the niche market the quality of products would have to be maintained to keep on exporting ready to eat food in the country (Omar et al. 2009). Economic- US is the largest economy in the world and the services and manufacturing industries are the main source of its economic strength. With the 2008 recession there were growth in unemployment rates and an adverse impact on the economy of the country but the third quarter of 2014 witnessed economic growth with increases spending power of companies and both consumers. Hence the economic condition of US could be seen an important factor which could positively influence the exporting business. More over the ready to eat food could be said to be targeted towards the niche segment of business and IT people and the high spending power of the targeted segment suggests that the products would be instant hit with them (Burns, 2010). Social factors- Us has an increasing aging population which could be both negative and positive for the ready to eat segment. The ageing population would find it feasible to have ready to eat food but would focus on more nutritional option and hence these products would be suitable for them as they would be prepared keeping in mind health benefits. The products would be gluten free thus would be suitable for consumption of all age group. However the main targeted segment is the niche market of IT professionals and Business people. The products would be developed focused on several tastes like Asian, English, and Oriental etc and thus would cater to every taste bud. The growing time constraints of people are also encouraging them to look for easier alternatives and this is also applicable for food where more and more professionals prefer ready to eat food. But a healthier option is also preferred thus the export business of ready to eat food to the niche market would be much positivel y influenced by the social factors prevailing in US. Technological factors- innovation and technology could be said to be the corner stone of US economy and technological developments have helped the economy to grow. In such a scenario people would always prefer innovation in everything as well as food. They would require innovation in ready to eat food too and the export of gluten free Nutritional food would thus be welcomed in US. Persons of niche targeted buyers The persons of the niche targeted buyers would be the IT professionals and Business people of the Silicon Valley in San Francisco. These segments have been targeted for the new product which would be developed in New Zealand and exported to San Francisco since the products developed would be done for the niche market. The nutritional factors involved in ready to eat food segment would require the SME in New Zealand to develop gluten free products and products that have nutritional value for the targeted segment. Thus the pricing for development and packaging would be higher as retort packaging would be used for keeping the food fresh with a longer shelf-life. The targeted segments are the IT professionals and business people in Silicon Valley in San Francisco since these professionals have higher spending power and owing to their time constraints they majorly depend on ready to eat food. However with higher spending power they also look for more healthy alternatives as most of the re ady to cook food is developed with gluten as the main element and thus compromising on nutritional factors (Kolvereid and Isaksen, 2008). Thus the products developed on basis of health and wellness would attract the targeted segment. More over the availability of different flavors from around the world would make these products more popular with the targeted segment that have the money to spend on different flavors but not the time to cook. Targeting IT Business people who are busy The product is mainly targeted at the business and IT segment. These sectors are extremely stressful and prefer ready to eat food as compared to cooking food. The growth of the fast food industry in the US has been mainly because of such factors. However, the fast food industry also accounts for obesity and diabetes and therefore a healthier option is needed. The business conceptualized here has been to provide fresh healthy ready to eat food. Retort packaging technology would be used which would ensure the food value is retained and the food is fresh. Further, this process would also save space and thus exporting will be convenient. Canning process takes a lot of space and hence export costs would be high but in retort packaging the costs would be lower. Investigate the nature and structure of the global capital market for start-up/venture capital Start-up businesses need funds and these funds are mostly in form of venture capital or bank loans. It is quite difficult for a start-up to secure a bank loan because bank loans are mostly against securities. However, venture capitalists provide funds based on the lucrative business idea. Venture capitalists not only seek a percentage of return on the their investment but also claim equities in the company. The Silicon valley has been extremely successful mainly because of the availability of venture funds. The crowd funding concept has also been extremely popular in the US. After, the 2008 recession there has been a depletion in the global capital market and this is a major challenge for start-up businesses. The crisis in Europe too has been a major cause of concern for the global capital market. For this organisation there can be two options, either to secure venture funds from the domestic country or to look for international funds. The capital market has been highly fragmented an d local capital markets can be small and therefore looking into the global capital market can be effective (Carter et al. 1996). However, there are few considerations that have been illustrated in the figure below Capital markets and Venture capital availability in New Zealand The capital market in New Zealand has been stable and the effects of recession did not deplete the market. There are several venture funds that are available in New Zealand. The New Zealand private equity and Venture Capital Association Inc (NZVCA) is one of the organisations which aims at providing the worlds best platform for private investors. The organisation has been proactive in developing angel funds, seed funds and venture funds. The New Zealand Venture Investment Fund (NZVIF) is also another organisation which has been into private equities. There are several other organisations and angel investors who promote entrepreneurship in New Zealand and therefore it can be stated that the business would be capable of generating the funds that it needs for this start-up Two market entry strategies There are different market entry strategies available for the SME who would be developing ready to eat food for the niche market in San Francisco. The best entry strategy for the beginning would be exporting and joint ventures. But since it is an SME export strategy would be the best market entry strategy for the company for targeting the niche market in the ready to eat food in San Francisco Silicon Valley. Exporting is the most well established form of operating in a foreign market. The foreign market in San Francisco could be targeted with this market entry strategy. Direct manufacturing would not be required but significant investment would be required for marketing strategies. Analyse and selection one of the above strategy and provide justification in terms of your status as a SME Thus the market entry strategy that would be used for entering the ready to eat food market of San Francisco would be exporting where products would be exported to San Francisco to a central importing division that would be selling the products in the targeted market of the country. The main advantages of this market entry strategy is that it is less risky as the manufacturing would be home based. More over this strategy would help the SME to identify the overseas market before they invest in a Brick and mortar store for direct selling. It also reduces the potential risk factors while operating in an overseas market. However a major disadvantage could the fact that in the initial stages the company would have to be at the mercy of the overseas agent and would have a lack of control. However ready to eat products that are nutritional and gluten free are lesser in ready to eat food industry in San Francisco and hence these new products exported from New Zealand would be able to attract customers with their nutritional benefits as well as varied range of flavors. References Andersen, O. (1997). Internationalization and market entry mode: A review of theories and conceptual frameworks.MIR:Management International Review, 27-42. Birley, S., Westhead, P. (1994). A taxonomy of business start-up reasons and their impact on firm growth and size.Journal of business venturing,9(1), 7-31. Buckley, P. J., Casson, M. C. (1998). Analyzing foreign market entry strategies: Extending the internalization approach.Journal of international business studies,29(3), 539-561. Burns, P. (2010).Entrepreneurship and Small Business: Start-up. Growth and Maturity. Palgrave Macmillan. Carter, N. M., Gartner, W. B., Reynolds, P. D. (1996). Exploring start-up event sequences.Journal of business venturing,11(3), 151-166. Chung, H. F., Enderwick, P. (2001). An investigation of market entry strategy selection: Exporting vs foreign direct investment modesa home-host country scenario.Asia Pacific Journal of Management,18(4), 443-460. Doherty, A. M. (2007). The internationalization of retailing: Factors influencing the choice of franchising as a market entry strategy.International Journal of Service Industry Management,18(2), 184-205. Goodnow, J. D., Hansz, J. E. (1972). Environmental determinants of overseas market entry strategies.Journal of International Business Studies, 33-50. Kolvereid, L., Isaksen, E. (2006). New business start-up and subsequent entry into self-employment.Journal of Business Venturing,21(6), 866-885. Omar, M., Williams Jr, R. L., Lingelbach, D. (2009). Global brand market-entry strategy to manage corporate reputation.Journal of Product Brand Management,18(3), 177-187.

Thursday, November 28, 2019

King Arthur Versus Zeus Essays - Mythological Kings, Merlin

King Arthur versus Zeus Inside the compilation of mythical stories of King Arthur and His Knights of the Round Table, retold by Roger Green, and Heroes, Gods, and Monsters of the Greek Myths, two major characters in each story that could be expressed in similar and contrasting ways are Arthur, the king and head of the knights of the Round Table, and Zeus, the supreme leader of all gods and mortals. Similar resemblances that can be found in both is their shadowy lineage, their major mortal flaws, and their nature to journey on epic quests. Even though they were very similar in some aspects, the two were also very different in other means. Arthur is much more kind to his people and cares about them, while Zeus does not view his subjects as worthy of him and treats them unjustly. An additional difference is Arthur is more mild and not taking harsh action all the time, though Zeus is known for being severe. There are many similarities as well as differences that are attributed to these two mythical characters. Arthur and Zeus can be noted for their mysterious childhood and ways they were treated at infancy. Both had prophesies of prosperity that led them into adulthood. When Arthur was born, Uther Pendragon, the leader of the Britons, killed a man and married his wife, Igrayne. Uther and Igrayne had one child, but not much longer after it was born, Merlin the enchanter took him away. Soon after, the boy was placed in the arms of Sir Ector, a noble knight. Later, the youth pulled the sword out of a stone that proclaimed that he was the king of all Britain. This young man would later on grow up to be King Arthur. Not unlike Arthur, Zeus also had a unnatural background. Before Zeus was born, there was a prophecy that stated that Cronos, the king of all gods, would be overthrown by one of his sons. When Zeus was born, he was concealed from his father. As time went by, Zeus waged a war against Cronos and defeated him. Though Zeus and Arthur came from entirely different locations and times, thei r childhoods were related on account of both of them being hazy. Even though some might not consider either of the two mortal, Arthur and Zeus had very notable human-like flaws. They both seemed to rush to judgements hastily, and were very passionate towards women. When Arthur hears about King Pellinore and how he is shamelessly killing knights, Arthur runs off to fight. Obviously, Arthur does not give himself time to think, and would have died if it was not for Merlin. Another example would be when Arthur runs off to the Castle of Tarn Wathelyne and pays no heed to Sir Gawains warnings. King Arthur ends up being tricked by Morgana Le Fay and would perish save a horrid woman who forced Sir Gawain to marry her for King Arthurs life. Many times King Arthur would have been killed if it werent for his friends such as Merlin and Sir Gawain. Zeus showed the same characteristic even though it played no part in death for himself. The mighty god jumped to his feet and killed when he found out that Ascelpsius was curing mortals headed to the underworld. Lat er, Zeus regretted his act of terror and brought Ascelpsius back to life. Passionate feelings for other women, and desire for romance were huge faults in Arthur and Zeus. Arthurs feelings for Guinevere led to the downfall of the Logres. At first, when Arthur saw Guinevere, he immediately fell in love with her. Through carelessness and desire for romance, Arthur neglected Merlins advice of not marrying the queen. When Guinevere and Lancelot had an affair, a war started, and the realm was destroyed. In Zeus case, the gods are not affected by romantic affairs, but the mortals they make love with are affected. Zeus approached many different gods or mortals, even though he is already married to Hera. Hera occasionally followed Zeus, and punished the ones with whom he had affairs. The mythical figures Arthur and Zeus both have major moral flaws: rashness and crave for passion. King Arthur and Zeus are best known for their

Monday, November 25, 2019

The strengths and weaknesses of the American Political system essays

The strengths and weaknesses of the American Political system essays Identify and comment on what you see to be the strengths and/or weaknesses of the American system as far as the topics in this section are concerned. The constitutional system of the United States is a puzzling aspect of an American's life. Many do not understand. Some think they understand it and with their slight grasp of it they try to offer solutions to better it. I would like to offer a broad concept of the American constitutional system and its subcategories, which are the executive, legislative and judicial branches, and what I have learned about them. In this paper, I will also present the strengths and weaknesses concerning each category. To begin to grasp the constitutional system, one must first comprehend why it was chosen and why the forefathers composed it this way. Because most Americans, at that time, owned guns and were not formerly educated, the forefathers feared allowing them to rule (lecture 9/27/99). So they took it upon themselves, the well educated, to forge a new democracy. The forefathers chose a mixed government that represented three existing forms of government: a monarchy, aristocracy, and democracy (lecture 9/27/99). The President would represent the elected monarchy, the Senate would represent the aristocracy, and the House of representatives would represent the democracy. The set up of the constitutional system chosen by the forefathers prevented the opportunity for the government to become oppressive (lecture 9/27/99). This was done in several ways. First the forefathers invented separation of powers. The legislative, judicial, and executive branches were set up in the manner that it would be less likely for them to come together. Each department had separate and distinct requirements to fulfill. The requirements will be delineated later on. On the other hand, each branch interfered with each other through checks and balances. The checks and balance system allowed for three imp...

Thursday, November 21, 2019

Forms of economic dangers that threatened members of the lower classes Essay

Forms of economic dangers that threatened members of the lower classes of Europe in 19th century - Essay Example This paper investigates the many forms of economic dangers that threatened members of the lower classes of Europe during the first half of the nineteenth century and the measures they took to avoid or deal with these dangers. There were various economic dangers that various people from the lower classes of Europe faced during the first half of the nineteenth century. During this period most young people moved from rural areas to cities looking for work which resulted to high population growth in the cities. Although the economic life of the lower class in Europe had always been inferior, it greatly deteriorated during the early part of the nineteenth century. The key economic threats they faced included, starvation, unemployment, poor living conditions, lack of good sanitation and water, overcrowding, deskilling, low wages as noted by Etienne Bede in his first job (Traugott 52), poor working conditions, lack job protection, and social and political tensions (Zeydel). The rapid rise i n population due to the impact of the industrial revolution as well as the movement of people from rural areas to urban areas, resulted to food shortages in the early nineteenth century with most of the lower class people facing starvation and not able to afford food. Furthermore, Poor food (cereal) harvests and the potato blight that attacked potato crops in Ireland resulted to wide spread food shortages and food riots, and a sharp in food prices way beyond the means of the lower class (Vanhaute, Paping, and O’Grada 2-5). Norbert Truquin in his biography recounts of near starvation spells as he barely earned enough and the food prices were high (Traugott 263-265). In early nineteenth century, life was penurious for the lower class. There was no protection of jobs and a person could easily lose their jobs. While factories attempted to provide steady work to their employees, where there wasn’t much to be done, the factories would close up. Or in Truquin’s case, h e found it hard to find work since factories had closed. And when he did find work, it only lasted for twelve days, earning barely enough to support him (Traugott 281-283). Furthermore, the political and social tensions were prevalent, and greatly presented a threat to the workers sustaining their daily jobs. Etienne Bede recounts of his fear in working as well his hesitation to open shop at his home town due to fear of being arrested for abandoning the army (Traugott 56, 58). Furthermore, worker class actions in protest of poor working conditions and low wages for most made things even worse for low class working persons. This can be noted in Truiquin’s case where ran out of money within four days after taking part in a demonstration against the government for unemployment and bad working conditions (Traugott 280-282). Furthermore, Suzanne Voilquin reiterates that most periods after restoration as exceeding depressing and distressing for worker (Traugott 101). For the workme n of organized trade such as Perdiguier, jobs tended to be seasonal and hence they had to travel looking for work

Wednesday, November 20, 2019

PM Essay Example | Topics and Well Written Essays - 500 words

PM - Essay Example The use of the internet is an important source of information in our daily lives. The nurses in Pleasant Manor center would therefore be able to research and gain more knowledge about the various nursing interventions. This would boost the level of service delivery of the nurses to the patients. With technological developments worldwide, a patient’s medical history can be found in through shared government websites. Access to such previous information would assist the nurses to make relevant diagnosis hence correct nursing interventions. Moreover, the use of computers connected to the internet assist in the storage of files and their retrieval. As opposed to the traditional shelving of files, the storage and retrieval of information is made easier because computer files are easier to access (Locsin, 2001). This has resulted to efficiency and reduction of workers hence reduction of expenses. An aberrometer is a device that is used in the checking of the eye defects. This latest technology allows a keen analysis of the eye parts hence unexpected occurrences are identified at an early stage. The use of this technology by Pleasant Manor would boost efficiency in its eye treatment wing thus resulting to patient satisfaction. Apart from the common gym equipment such as weight plates, properly leveled benches, leg machines, etc. Pleasant Manor should introduce the latest versions of the gym equipment. This modern equipment are electronically connected to some parts of the body hence they are able to determine the levels of heartbeat, amount of calories utilized, rate of exercise etc (Czar, 2012). Therefore, the use of this modern technological gym equipment would ensure quality exercise by the patients. Technology can be used to create the necessary entertainment to patients especially those in the hospice wing. By use of 3D movie screens, play

Monday, November 18, 2019

Public sector management Assignment Example | Topics and Well Written Essays - 2000 words

Public sector management - Assignment Example The contributing factors for the rise in poverty are a lack of education, social participation, housing, health and access to the given services. These issues faced by the poor make them vulnerable to the crime along with the civil conflicts such as violence which cannot be restricted by the formal justice system (Government of Yukon, 2012). These issues of the society give rise to the need of poverty reduction policies which would help to ensure the better safety, security along with justice. With respect to the social justice and poverty reduction periphery, it can be stated that â€Å"People cannot be developed; they can only develop themselves† (Voipio, 2006). This implies that the poverty reduction is possible with the contribution of the people of the society and their positive attitudes of treating every individual equally. Moreover, the presence of social protection is of significance to reduce the level of poverty and improve wellbeing of the society by protecting peo ple from deprivation in order to lead decent life by reducing poverty (Garcia & Gruat, 2003). The aim of the study is to draft a plan to resolve a policy problem namely the issue of poverty reduction and social justice. Exploring the issues, challenges faced along with recommending strategies to mitigate the issues for better up gradation of the society will form the core of the discussion. One of the vital moral, social and political issues faced by the world is poverty at a large scale. Poverty causes various issues and hampers the economic condition of the country to a certain extent. This requires a reform and hence the countries are trying hard to reduce the level of poverty and improve social justice. According to the World Bank Group (2004), it is reflected that development agencies such as the Non-Governmental Organisations (NGOs) have the conviction to enhance the living condition of the poor and create a

Friday, November 15, 2019

Effects of Childhood Malnutrition and Child Obesity

Effects of Childhood Malnutrition and Child Obesity A literature review is a compilation of resources that provide the ground work for further study. It is frequently found as a subsection of a published research study. Literature review refers to the activities involves in searching for information on a topic and developing a comprehensive picture of the state of the knowledge on the topic. Review of literature is a written summary of the study conducted previously related to the present study topic. (Polit and Hungler, 1999) The researcher carried out an extensive review of literature on the research topic in order to gain deeper insight into the problem and to collect maximum relevant information for building the foundations of the study. In the present study the review of literature is organized under the following headings; Section-I: Studies related to malnutrition and obesity at school level. Section-II: Studies related to effect of planned nursing intervention. Section-III: Studies related to knowledge and practice on Healthy Food Habits among children. Section-IV: Studies related to Penders Health Promotion Model Theory Section-V: Studies related to Conceptual framework based on Penders health promotion model (2002) SECTION-I: STUDIES RELATED TO MALNUTRITION AND OBESITY Malnutrition in early childhood causes irreparable damage to the development of child and results in wastage of human resources. Hence reduction in the high rate of child mortality and morbidity due to malnutrition becomes an important task of policy makers and social development planners survey conducted in rural areas of India revealed that abut 90% of the children suffer from different grades of malnutrion and about 15% of them are in extreme degrees of malnutrition. Shetty, P.S.,(2000) concluded that the reduction in energy intake below the acceptable level of requirement for an individual results in a series of physiological and behavioural responses, which are considered as an adaptation to the low energy intake. This ability of the human body to adopt to a lowering of the energy intake is without doubt beneficial to the survival of the individual. Increases in metabolic efficiency are not ready seen in individuals who on long term marginal intakes probably from childhood, have developed into short statured, low body weight adults with a different body composition. The evidence that behavioural adaptation in habitual physical activity patterns which occurs on energy restriction is not necessarily beneficial to the individual raises doubts about the role of adaptation to low intakes in determining ones requirement for energy. Hensrud, DD., (2000) reviewed a journal nutrition screening and assessment which revealed the both under nutrition and over nutrition contribute to increased risk of morbidity and mortality. For patients determined to be at risk further nutrition assessment can be performed to help drive at specific nutritional treatment goals. Identifying and treating malnutrition can potentially have an important impact on decreasing mortality and mortality and morbity and in the population. Rio-Grande Dosul., (2004) obese increased by about 60% in middle school children for every additional serving per day of sugar sweetened beverage. Obesity occurs more frequently in the more developed regions of the country (South and South East) due to the changes in habits associated with this process. Food intake has been related to obesity not only in terms of the volume of food ingested ,but also in terms of the composition and quality of the diet. Further more, eating habits have also changed and current habits -including the low consumption of tidbits goodies(cookies with fillings ,salty industrialized snacks, sweets)and soft drinks, as well as not having breakfast-help explain, atleast partially, the continuous increase in adiposity among children. Rodriguez, NR., (2005) concluded that the children have distinct nutritional needs relative to growth. Adequate intakes of energy and essential amino acids are necessary for optimal deposition of lean body mass and normal growth in young children. Most recommendations for children represents an inter-population of data derived from infants and adults. Indeed current protein status in children was evaluated using classic nitrogen balance protocols. This work indicates that a wide range of protein intakes (0.6-2.9g/kg)can be considered for young ,growing children. The ability of nitrogen balance studies to accurately reflect protein utilization has been examined and it appears that further investigations of protein utilization in children using stable isotope methodology, as well as traditional nitrogen balance protocols are necessary to better evaluate protein needs of growing children. Charles., (2005) the prevalence of obesity has risen dramatically among children in the U.S. and throughout the world since the 1960s.many factors are thought to have contributed to the epidemic of pediatric obesity. one factor that has received increasing attention is consumption of sugar sweetened beverages. feeding studies suggest physiological mechanisms by which sugar in liquid form may be less satiating than other foods Veteri, F.E., (2010) aimed at providing information on a series of question related to the adequate protein and energy intakes that allow adequate growth and function in children and work performance and productivity in adults. The effect of different sources of protein on nitrogen balance and the requirements of essential aminoacids in young children were also explored in fully recovered previously malnourished children housed in the metabolic ward of the biomedical division of INCAP. Animal experiments and studies in children recovering from protein energy malnutrition (PEM) strongly suggest that even when requirements of all nutrients are satisfied. Inactivity reduces the rate of linear growth and physical activity improves it as well as lean body mass repletion. The effects of different energy intake modifies the need to ingest different amounts of protein to satisfy protein requirements. (PMID-20461903) As to knowledge concerning aspects of nutrition 90.8% of the children correctly responded to the questions concerning foods that were sources of vitamins and minerals 23.4% to the questions concerning healthier foods, 19% to the questions concerning foods rich in fats 25.8% to the questions on food sources of fibers and 4.9% to the questions on food that supply the body with more energy. Collaborating a tendency that has been reported in the literature the present study indicates an association between eating habits that are less healthy and obesity consumed.96 children ages 8-10 years in children a developing nation characterized as undergoing a nutrition transition, the subjects selected for current sugar -sweetened soft drink consumption will be randomly assigned to intervention. SECTION-II: STUDIES RELATED TO EFFECT OF PLANNED NURSING INTERVENTION Piffer.S, Kaisermann.D., (2003) presented paper reports the results of a survey on dietary habits of 1,398 children attending first class of primary school in Trento province (Northern Italy)the following items were investigated. Frequency of break fast and food intake .frequency of foods at school the conception of tracer foods as vegetables, fruits, and sweet was also investigated. The results were analysed according gender, area of residence, teaching method and educational level of parents. The data about nutritional style are satisfactory even if they are strongly associated to education level of parents, above all of the mother. The adequacy of nutritional style is increasing with the increasing of educational level. School meal, offering selected foods to all children attending fulltime teaching section, can re-equalibrate nutritional style, decreasing the differences associated to education level of the parents. Delisle, H., (2010) conducted study on dietary patterns in different groups of African origin undergoing nutrition transition, University of Montreal, Canada. In population undergoing nutrition transition, it is important to identify healthy and culturally relevant dietary patterns that can be promoted as a means of preventing diet-related chronic diseases. Dietary pattern analyses using data driven methods are useful for the purpose. The central question addressed in this overview paper is whether there are culture specific healthy eating patterns, or whether healthy diets may be more universal. Our studies on dietary patterns in population groups of African origin living in Canada (Miontreal), Europe (Madrid), and West Africa (urban and rural Benin) inform the discussion. Healthy or prudent, as opposed to Western, eating patterns are identified in several cultures, including groups of African origin. It appears that a limited number of foods predict diet quality and health outcome s in various population groups; in particular, fruit and vegetables, fish, whole grain cereal, and legumes do so on the protective side, and sweets, processed meats, fried foods, fats and oils, and salty snacks do so on the negative side. Further research on dietary patterns and their healthfulness is required in diverse food cultures. In groups of African origin, traditional diets are healthier than the nontraditional dietary patterns that have evolved with globalization, urbanization, or acculturation, although micronutrient intakes need to improve. Additionally, healthy eating patterns are only feasible if access to food is adequate. Present data can be used for implementing and improving health promotion action on correct dietary habits in child hood, keeping count of the role of education level of the parents. As children develop, they require appropriately, sized, portions of the same healthy foods adults eat along with more vitamins and minerals to support growing bodies. This means whole grains (whole wheat oats, barley, rice, millet) a wide variety of fresh fruits and vegetables a source of calcium for growing bones (milk, yogurt) and healthy protein (fish, eggs, poultry, lean meat, nuts and seeds). SECTION-III: STUDIES RELATED TO KNOWLEDGE AND PRACTICE ON HEALTHY FOOD HABITS AMONG CHILDREN: This article examines the nutrition practices of black African children attending farm schools and looks at what they know about nutrition. Two schools participated in the study, which involved 132 primary school children aged 8-16years.A structured questionnaire revealed the childrens knowledge about nutrition related issues, and focus group discussions brought to the lives of the children living on commercial farms in the North west province. The findings provide strong support for the view that while nutrition education is important to childrens development of nutrition knowledge, good dietary practices and overall nutritional status, so also are influences from the childrens social, economic and psychological environment. Gil, A., (2009) the study assessed dietary patterns and quality in Bubi immigrants (from Equatorial Guinea) using cluster analysis and comparing different diet quality indexes. A Ninety nine items food frequency questionnaire was administered, body weights and heights were self reported and socio-demographic and health information was collected during interviews. Two dietary patterns were identified. The healthier pattern, so confirmed by two dietary quality indexes, featured a higher consumption of fish, fruits, vegetables, legumes, dairy products and bread while the western pattern included more processed meat, animal fat, and sweetened foods and drinks. One third of the subjects were in the Healthier food cluster, with the same proportion of men and women. Age >of = 30 and residence in Madrid > or = 10 years were independently associated with the healthier diet. Consumption of traditional foods was unrelated to dietary pattern, however. Overall, Bubi diets were somewhat protective because of high intakes of fruits and vegetables and monounsaturated fat (olive oil), but not with respect to sugar, cholesterol, omega-3 fatty acids and fibre. Less than two thirds of subjects had adequate intakes of iron, calcium and folate in both dietary phenotypes. Body mass index, physical exercise, and self-reported health and cardiovascular disease condition showed no significant association with the dietary pattern. SECTION-IV: STUDIES RELATED TO PENDERS HEALTH PROMOTION MODEL Austin David, R., (2000) it describes the Health promotion model of therapeutic recreation. following a brief introduction and an overview of the model, concepts that underlie the model are presented. concepts included are the humanistic perspective, high level wellness, the stabilization and actualization tendencies, and health. It is a description of the various components of the model and information on utilization of the model in practice. The final sections of the article are concern with the models strengths and limitations and the continuing development of the model. Health, nursing, psychology, therapeutic recreation, and recreation and leisure studies literature are drawn upon for support of the model. Calderon, (2002) the programme was designed based on the findings of a national sample to assess knowledge, beliefs and practices of breast cancer early detection in Puerto Rican elderly women and their perceptions of barriers associated with non compliance. It involves the combination of educational and environmental support for actions and conditions conductive to health behavior and consists of the following components;(i)a culture and cohort sensitive health education programme for elderly women on breast cancer screening and assertive strategies for client physician relationship.(ii)training for primary care providers on current guidelines and barriers affecting compliance among older women in Puerto Rico and(iii)co-ordination of necessary support services to facilitate access to clinical breast exams and mammograms programme implementation considers appropriate theories for health promotion and education in the older population. Evaluation measured progress in the plan implemen tation by assessing immediate products and long term impact of the programme results of the pilot programme revealed a slight increase in knowledge and a significant decrease (p

Wednesday, November 13, 2019

Comparing the Blues and Jean Toomers Cane :: comparison compare contrast essays

Comparing the Blues and Jean Toomer's Cane "The difference between the possibility of Black life and the Reality of Black Life is the Blues" (McKeever 196) Debate centers around the structure of Jean Toomer's introspective work Cane. Whether viewed as a novel or a collection of short stories and poems, the impressions are poignant and compelling. They are full of passion and depict a writer casting a critical eye towards himself and his surroundings. The work is often read as a "portrait of the artist as a young man" more specifically a black man making his way in the South. As such, Cane is suffused with quest imagery and on a number of levels the work functions as a young man's introspective search for himself, his race and his place within both. On the surface a discussion of the "blues" may seem a bit high-minded. How seriously can one take works entitled "Aggravatin Papa," "Need a Little Sugar in my Bowl," "Gimme a Pigfoot and a Bottle of Beer, "when placed next to a work of such literary boldness as Cane; a work that William Braithwhite gushingly refers to as "a book of gold and bronze, of dusk and flame, of ecstasy and pain, and Jean Toomer is a bright morning star of a new day of the race in literature" (Baker 16). A closer examination of both forms reveal startling similarities in theme, structure and content and that most important attribute - spirit.

Monday, November 11, 2019

Generally Accepted Accounting Principles and Assets

ACC201 †¦ STUDY GUIDE for TEST ONE (Chapters 1, 2, 3) Test #1 will consist of 50-60 of the questions below. (Finding the â€Å"answers† to these questions is part of the review) True or False 1. Owner's equity represents the amount of assets that can be claimed by creditors. 2. The right-hand side of an account is always the increase side. 3. A ledger is a chronological record of a business’s transactions. 4. The chart of accounts proves that all transactions were correctly journalized and posted. 5. In accrual-basis of accounting, revenues are recorded when a service is performed. . Current liabilities are expected to be paid off or eliminated in the next 12 months. [pic] 7. Each time a business records revenue the account Cash is increased. 8. Accumulated depreciation of an asset – its depreciation expense = book value. 9. Financial accounting provides information for people inside the company while managerial accounting focuses on information for people o utside the company. 10. Every adjusting entry affects one account on the income statement and one account on the balance sheet. 11. Financial statements will be inaccurate if they are prepared before the djusting entries are completed. 12. The â€Å"current ratio† is calculated by dividing the Total Assets by Total Liabilities. 13. During the closing process, ALL revenue and expense accounts are closed. 14. â€Å"Liquidity† is a measure of how quickly an asset can be converted into cash. 15. Revenues and expenses are also classified as â€Å"current† or â€Å"long-term† on a classified Income Statement. 16. Cash-basis accounting results in a more accurate measurement of net income than does the accrual basis of accounting. 17. Financial statements will be inaccurate if they are prepared before the adjusting entries are completed. 8. Risk is the amount of uncertainty about the return we expect to earn in the future. 19. Accounting records are also referred to as the books. 20. Source documents provide evidence of business transactions and are the basis for accounting entries. 21. As prepaid expenses are used up, the costs of these assets become expenses 22. An account balance is the difference between the debits and credits for an account including any beginning balance. 23. The debt ratio reflects the risk of a company to both its owners and creditors. 24.The higher the debt ratio, the higher risk of a company not being able to meet its obligations. 25. The debt ratio is calculated by dividing total assets by total liabilities. 26. A company that finances a relatively large portion of its assets with liabilities is said to have a high degree of financial leverage. 27. If a company is highly leveraged, this means that it has relatively low risk of not being able to repay its debt. 28. A company's fiscal year must correspond with the calendar year. 29. Adjusting entries are made after the preparation of financial statements. 30.Curren t assets and current liabilities are expected to be used up or come due within one year or the company's operating cycle whichever is longer. 31. For a corporation, the equity section is divided into two main accounts: Common Stock and Retained Earnings. 32. Profit margin can also be called return on sales. 33. The Income Summary account is closed to the retained earnings account. 34. The primary objective of financial accounting is: A. To serve the decision-making needs of internal users B. To provide financial statements to help external users analyze and interpret an organization's activities C.To monitor and control company activities D. To provide information on both the costs and benefits of managing products and services 35. A corporation: A. Is a legal entity separate and distinct from its owners B. Must have many owners C. Has shareholders who have unlimited liability for the acts of the corporation D. Does not have to pay taxes 36. Net Income: A. Decreases equity B. Equals assets minus liabilities C. Is the excess of revenues over expenses D. Represents the owners' claims against assets 37. Return on assets is: A. Also called rate of return B.Computed by dividing net income by beginning assets plus ending assets divided by two C. Computed by multiplying net income by total assets D. Used in helping evaluate expenses 38. Risk is: A. Net income divided by average total assets B. The reward for investment C. The uncertainty about the expected return that will be earned from an investment D. Unrelated to expected return 39. The statement of retained earnings: A. Reports how retained earnings changes at a point in time B. Reports how retained earnings changes over a period of time C.Reports on cash flows for operating, financing and investing activities over a period of time D. Reports on amounts for assets, liabilities and equity at a point in time 40. A written promise to pay a definite sum of money on a specific future date is a(n):   A. Unearned rev enue B. Credit account C. Note payable D. Account receivable 41. On September 30, the Cash account of Value Company had a normal balance of $5,000. During September, the account was debited for a total of $12,200 and credited for a total of $11,500. What was the balance in the Cash account at the beginning of September? A. $4,300 debit balance B. a $4,300 credit balance C. a $5,700 debit balance D. a $5,700 credit balance 42. The Fireside Country Inn is a very popular destination for tourists. The Inn requires guests to make reservations at least two months in advance of their stay. A twenty percent down payment is required at the time the reservation is made. When should this inn recognize room rental revenue? A. On the date the reservation is received B. On the date the money for the reservation is received C. On the date the guests stay in the inn D. On the date the guests pay the remaining eighty percent due 3. Stride Rite has total assets of $425 million. Its total liabilities are $110 million. Its equity is $315 million. Calculate the debt ratio. A. 38. 6% B. 13. 4% C. 34. 9% D. 25. 9% 44. Listed below are two pieces of information. Where is the best place to locate this information, in the journal or the ledger? Details of a transaction which took place on October 3rd All of the sales activity which took place during the current month   A. 1. Journal 2. Journal B. 1. Journal 2. Ledger C. 1. Ledger 2. Journal D. This information is only available on the financial statements 5. Interim financial statements refer to financial reports:   A. That cover less than one year, usually spanning one, three or six-month periods B. That are prepared before any adjustments have been recorded C. That show the assets above the liabilities and the liabilities above the equity D. Where revenues are reported on the income statement when cash is received and expenses are reported when cash is paid 46. Profit margin is defined as: A. Revenues divided by net sales B. Net income divided by net sales C. Net income divided by assets D.Assets divided by net sale 47. A company earned $2,000 in net income for October. Its net sales for October were $10,000. Its profit margin is:   A. 2% B. 20% C. 200% D. 500% 48. Which of these shows a company’s financial position as of a specific date? A. Income StatementC. Statement of Owners Equity B. Balance Sheet D. Chart of Accounts 49. GAAP stands for: A. generally accepted auditing practices B. generally accrued auditing procedures C. generally accrued accounting principles D. generally accepted accounting principles 50. Liabilities are: xpenses incurred by the business increases in owner's equity earned by delivering goods or services economic resources of a business creditors claims to the business's assets 51. Which of these have a remaining balance after the closing process is completed ? A. service revenueC. accumulated depreciation. B withdrawalsD. depreciation expense. 52. A $250 payment on account was recorded as a debit to accounts receivable and a credit to accounts payable. This error will cause: A. owner's equity to be overstated B. accounts payable to be understated C. ash to be understated D. accounts receivable to be overstated 53. Receiving a payment from a customer on account would: A. have no effect on total assets or owner's equity    B. increase net income and decrease liabilities C. increase both assets and owner's equity D. decrease liabilities and increase owner's equity 54. The entry for depreciation has what effect on the financial statements: A. increases expenses and decreases assets B. decreases net income and increases assets C. increases assets and decreases liabilities D. decreases assets and increases liabilities 5. Equipment with a cost of $120,000 has a useful life of 4 years and no salvage value. Using straight-line depreciation, what is the book value after 1 year? A. $28,750C. $103,000 B. $86,250 D. $ 38,333 56. The balance in accumulated depre ciation after adjustment represents: A. a contra liability on the balance sheet B. a contra asset on the balance sheet C. a liability on the balance sheet D. a contra account on the income statement 57. A list of all of the accounts (without balances) used by a business is called: A. trial BalanceC. account master B. hart of accountsD. adjusted trial balance 58. Which of these shows results of a company’s operations over a period of time? A. income statementC. statement of owners equity B. balance sheetD. chart of accounts 59. These â€Å"types† of accounts appear on the Income Statement? A. assets and liabilities. C. all owners equity accounts B. revenues, expensesD. all accounts of a business appear 60. These â€Å"types† of accounts appear on the Balance Sheet? A. assets and liabilities. C. all owners equity accounts B. revenues, expensesD. ll accounts of a business appear 61. If Assets = $150,000 and Liabilities = $60,000, Owners Equity = _____________. |a) $ 240,000 |c) $ 150,000 | |b) $ 90,000 |d) $ 210,000 | 62. A business bought land paying $100,000 (paying $25,000 cash and owing $75,000). The land had an asking price of $115,00 and an appraised value of $125,000. What amount should the business use to record the purchase in the accounting â€Å"books†. a) $ 25,000 |c) $ 115,000 | |b) $ 100,000 |d) $ 125,000 | 63. In May a business had: Revenue of $15,000, Accounts Receivable of $25,000; Liabilities of $8,000; Expenses of $11,000 and a balance in the Cash account of $5,000. The â€Å"Net Income† (or net loss) for May was _______________. |a) $ 64,000 |c) $ 11,000 | |b) $ 16,000 |d) $ 4,000 | 4. Company buys Supplies paying $500 in Cash. Company buys more Supplies for $1,000, on account. Company pays $500 of the amount it owes for supplies. The balance in the Supplies account is: | a. $ 500 |c. $ 1,500 | |b. $ 1,000 |d. $ 2,000 | 65. The â€Å"accounting† term that refers to copying transaction information fro m the journal to the ledger is termed: |a. increase |c. ebit | | b. decrease |d. credit | 66. Unearned revenue is always a(n) ______________ type of account: |a) revenue. |c) owners equity. | |b) contra-revenue. |d) liability. | 67. Accrued expenses are expenses that have: |a) been paid. |c) not been paid nor incurred | |b) been incurred and paid. |d) not been paid but incurred | 68. Accrued revenue is which of the following? |a) Revenue that has been earned and collected. |b) Revenue that has been collected but not yet earned. | |c) Revenue that has been earned but not yet collected. | |d) Revenue that has not been collected or earned. | 69. On a classified balance sheet, assets that are expected to be converted to cash, sold, or consumed during the next 12 months are referred to as: |A. current assets. |C. leveraged assets. | |B. market assets. |D. liquid assets. | 70. What accounts may have balances (that are not -0-), on a post-closing trial balance? |A. assets, liabilities & r evenues. |C. revenues, expenses & capital | |B. ssets, liabilities & expenses |D. assets, liabilities & capital | 71. Which of these would have no effect on TOTAL assets or TOTAL liabilities? |a) payment of a liability |c) buying supplies on account | |b) payment of an expense |d) buying supplies and paying cash | 72. The accountant for BobCo did not make any adjusting entry for depreciation expense. What is the effect of this error on TOTAL liabilities? a) liabilities are understated |c) liabilities are overstated | |b) liabilities are not affected |d) I don’t have a clue! | 73. Buying a $300,000 building by signing a $300,000 note payable results in: |a) owner's equity increasing. |c) no change to owner's equity. | |b) owner’s equity decreasing. |d) no clue on this one either! | 74. The â€Å"Matching Principle† directs accountants to: |a) match total debits to the total credits. | |b) match Assets to the (Liabilities – Owners Equity). | |c) match expen ses against revenues of the period. |d) once again, I have no clue! | 75. A $75 payment for Rent Expense was mistakenly posted as a: debit to Supply Expense (the credit was correct). What is the impact on the Trial Balance |a) the credit total is off by $75. | |b) the debit total is off by $75. | |c) no impact on the Trial Balance | |d) nothing has changed – no clue! | 76. If a company is using the accrual method of accounting, when is revenue recorded? |a) when cash is received, regardless of when the work is done. | |b) when the work, or services are begun. |c) when the work, or services are completed. | |d) when the expenses to pay for the job, or services, are incurred. | 77. Assets are __________________________________________________________ 78. Liabilities are _______________________________________________________ 79. Equity is ____________________________________________________________ 80. Revenues are_________________________________________________________ 81. Ex penses are _________________________________________________________ 82. How do you INCREASE these accounts †¦ by a DR (debit) or a CR (credit) ? ______ Assets ______ Expenses ______ Revenues _____ Liabilities ______ Capital ______ Withdrawals Unearned Accumulated ______ Revenue ______ Depreciation 83. Indicate whether these accounts appears on the: IS (Income Statement only), the BS (Balance Sheet only) or BOTH (Income Statement and Balance Sheet) ______ Cash ______ Furniture ______ Revenue ______ Supply ______ Accounts ______ Accounts Expense Payable Receivable Unearned Interest _____ Revenue ______ Revenue Definitions – matching 84. cost of assets or services used up or consumed to generate revenues. They decrease retained earnings. 85. resources generated from a company’s earnings activities. They increase retained earnings. . 86. Assets = Liabilities + Equity 87. the result when revenues are larger than expenses. 88. A company records the expenses incurred to generate the revenues reported. 89. Every business is accounted for separately from its owner or owners. Revenues LiabilitiesEquity ExpensesNet IncomeGAAP Net Loss AssetsAccounting equation 90.A list of all ledger accounts and includes an identification number assigned to each account (does NOT include account balances). 91. A record of increases and decreases in a specific asset, liability, equity, revenue or expense item. 92. The accounting â€Å"book of original entry† where transactions are first recorded in a chronological order. Identifies and describes transactions and events entering the accounting process (either in hard copy or electronic form). 93. A record containing all accounts used by a company, a collection of all accounts and their balances. Post from the journal to the __________. 4. A list of accounts, and their account identification numbers, (without any dollar amounts or balances) that may be used by a company. 95. The process of transferring journal en try information to the ledger. |A. Debit |F. Chart of Accounts | |B. Credit |G. Trial balance | |C. Account |H. Ledger (general ledger) | |D. Posting |I. Source documents | |E. Journal |J. Account Balance | 6. a method or technique of accounting that â€Å"recognizes revenues when cash is received and records expenses when cash is paid†. 97. this is â€Å"a list of accounts and balances prepared after adjustments (adjusting entries) are recorded†. 98. this is â€Å"the process of allocating the costs of these (plant) assets over their expected useful life†. 99. these are â€Å"costs that are incurred in a period but are both unpaid and unrecorded†. 100. an â€Å"account linked with another account, it has an opposite normal balance, and is reported as a subtraction from the other (linked) account’s balance† 01. this â€Å"refers to revenues earned in a period that are both unrecorded and not yet received in cash (or other assets)’ |A . Accrued Expenses |F. Contra Account | |B. Accrued Revenue |G. Cash Basis Accounting | |C. Depreciation |H. Unearned (deferred) Revenue | |D. Adjusting Entry |I.Prepaid (deferred) Expenses | |E. Adjusted Trial Balance |J. Matching Principle (expense recognition) | Journal Entries 102. Bill starts a business by investing $10,000 cash in the business. 103. The business completes work for a customer and collects $1,000 from him. 104. The business receives this month’s phone bill in the amount of $ 100. The business will pay the bill NEXT month. 105. The business does work for a Customer and sends Joe a bill for $ 750. 106.On Jan 1, BobCo received $3,000 from a customer to provide landscape services for Jan, Feb and Mar. (BobCo made the correct entry on Jan 1 to record the receipt of the Cash). Prepare BobCo’s adjusting entry for JAN 31 107. BobCo pays Salaries of $5,000 per week. Mon, Tues, Wed are in JAN while Thurs and Fri fall into FEB. Prepare the adjusting entry a s of JAN 31 108. A machine was purchased for $24,000 on JAN 1. Its estimated useful life is 48 months. Prepare the entry for depreciation on JAN 31. 109. In JAN, interest revenue of $100 has been earned but not yet received. It will be received in MAY). Prepare the adjusting entry for JAN 31. 110. On JAN 1 the Supplies account balance was $3,000. On JAN 31 there were $ 1,000 of Supplies remaining (unused). Prepare the adjusting entry for JAN 31 111. On JAN 1 BobCo bought $500 in Supplies on account. On JAN 31 only $200 of the Supplies remain. Prepare the adjusting entry. 112. On JAN 1 BobCo. paid, in advance, $3,000 for 6 months of Insurance (Jan thru June) Prepare the adjusting entry for JAN 31. ONE MORE PAGE On the next page, IF you close ONLY the correct accounts, you will receive one bonus points. Adjusted Trial Balance |Debits |Credits | |Cash |$ 15,000 | | |Accounts Receivable |$ 6,000 | | |Unearned Revenue | |$ 1,000 | |Accounts Payable | |$ 2,500 | |Sales Revenue | |$ 11,000 | |Depreciation Expense |$ 2,000 | | |Rent Expense |$ 500 | | |Withdraws |$ 1,000 | | |Capital | |$ 10,000 | Note: Prepare the closing journal entries using whatever data above that you need.

Friday, November 8, 2019

Young Goodman Brown Plot Essays

Young Goodman Brown Plot Essays Young Goodman Brown Plot Paper Young Goodman Brown Plot Paper Plot Summary of Young Goodman Brown Young Goodman Brown is a short story with a traditional plot structure pattern of exposition, rising action, conflict, climax, and denouement. The exposition, as in traditional plot schemes, introduces the protagonist Young Goodman Brown in the opening sentence along with his wife Faith in the setting of a Salem Village. Right away the name of the protagonist and that of his wife Faith suggest that the story is likely to be one of internal conflict as Goodman and Faith are uncommon first names. In the beginning of the eighth paragraph Hawthorne begins his rising action scene when Brown sets out on â€Å"his present evil purpose.† The exposition is intertwined with the beginning of the rising action after Brown has set out on his evil purpose when the first evidence of the antagonist is revealed in the foreshadowing in the ninth paragraph when Brown states â€Å"what if the devil himself should be at my elbow! This statement by Brown immediately revealed that the antagonist was about to be presented, the rising action would surely intensify, and that the conflict of the Goodman, and his wife Faith was to be more internal than external. The antagonist, the greatest of all possible characters to play that role in the devil, is revealed right after. Immediately after Brown meets him, the nature of the conflict of the story is brilliantly revealed as good versus evil when Brown states that Faith kept him back and made him late on his present evil purpose. The story goes on to elaborate more on the exposition of the antagonist by describing the devilish man Brown is traveling with, and his encounters with Brown’s ancestors, and prominent men of the community. This is how Hawthorne intensifies the rising action; when Brown is about to turn back in hopes to save face with his minister, he spots his teacher of catechism from his youth, Goody Cloyse, confirming Brown as a catholic man of God. Here the role of the antagonist as the devil is revealed, and so is the purpose of Young Brown’s journey, to be in communion with the devil. Brown actually overcomes the devil’s temptation and Hawthorne wrote an entire paragraph where the external conflict of continuing to walk along the dark narrow path to Brown’s communion with the devil is resolved by his inner conflict of good conquering evil, due to his will to save his conscience in the presence of Faith, his minister, and the deacon. The following scene of rising action is intensified again and leads directly to the climax of the story when Brown witnesses and hears his minister and the deacon are also in league with the devil. With only his Faith left to hold his conscience grounded, the climax of the story begins when Goodman Brown declares that he will resist the devil with â€Å"heaven above and Faith below.† Shortly after Brown loses his Faith, he gives into the devil after the suspense of the heaven’s blotting out by the dark cloud, and the Haunting voices of the forest are followed by the screams of a woman and the pink ribbon of his Faith falls from the cloud. The denouement of the story is Brown giving into the devil by losing his Faith, and the resolution of the internal conflict of good versus evil is Brown turning to evil. After the denouement the falling scenes are that of Brown flying through the forest to his communion with the devil. All the scenes following the climax are that of the falling action, although there is almost a second climax when Brown has some hope and tells Faith to â€Å"look up to the heavens, and resist.† This last conflict is resolved by Brown waking up from his dream, losing his internal conflict and as a result Brown losses his Faith and evil wins in his heart until the day he goes to his grave.

Wednesday, November 6, 2019

PEST analysis Paraguay Essay

PEST analysis Paraguay Essay PEST analysis Paraguay Essay POLITICAL ENVIRONMENT Paraguay today enjoys stability since the end of the dictatorship. Paraguay is a constitutional democracy not consolidated but is on the way to achieve this goal. There is a disenchantment of the population which translates into an increasingly discredited of the institutions and persons discharging managerial responsibilities of power but this is a tendency both in Paraguay and other Latin American countries where the democratic tradition is relatively new. The perceived degree of corruption also contributes to this feeling. For several years, the index of perception of corruption 'Transparency International' Paraguay ranks as one of the most corrupt countries in Latin America. Faced with this challenge, the government attempted repeatedly his determination to fight corruption, but their success has been limited by various political factors like Disagreements between the legislature and the executive. The main challenges currently facing Paraguay consist of reconciling economic growth and budgetary rigidity, while the rule of law is consolidated and public institutions are strengthened. In the economics and international business Paraguay has started many policies to enhance the international trade in order to: 1. Facilitating the procedures and formalities for export. 2. Establish strategic partnerships that further the conditions for exporters. 3. Establish growth strategies for each sector, supporting businessmen / women in their efforts to increase their sales abroad. 4. Promote national awareness and export competitiveness. 5. Encourage the export of non-traditional items. ECONOMIC ENVIRONMENT Paraguay is part of the Southern Common Market (MERCOSUR) and the Latin American Integration Association (ALADI) and is classified by the International Monetary Fund as a developing country. The Country in the economic sphere can be considered stable but has a limited capacity for improvement. Paraguayan GDP structure is similar to a country with a low level of industrialization 14% of GDP is concentrated on the secondary sector and the 27% of GDP comes from agriculture and exports but services are already experiencing an increasing importance (59%). The main exports in Paraguay are soybeans (35% of total) exports, meat (10%), vegetable oils (8%) and cotton (7%). Uruguay accounts for 15% of Paraguayan exports followed by Brazil (11.4%), Argentina (10.2%) and Chile (8.3%). Moreover, Brazil supply 27.5% of the Paraguayan imports, followed by China (16.9%), USA (15%) and Argentina (14.8%). The main exporters in Paraguay are: SOCIO CULTURAL ENVIRONMENT Paraguay is a young country with a quarter of the population under 10 years (26%) and it holds one of the lowest average age in Latin America (23 years). Despite a high rate of population growth (2.2% annually), is a sparsely populated country, with a density of 15.2 inhabitants per square kilometer, which is also one of the lowest in the region. The population structure testifies to a relatively rural country (43% of the population lives in the countryside), and in which most of its inhabitants are poor (66% of the poor live in rural areas). Access to education have not reached optimal indicators, particularly between 15 to 24 years. The low level of education penalizes the poor population because it is a barrier for the good salaries and it takes from them the possibility to integrate in the modern sectors of the economy.

Monday, November 4, 2019

International Relations Theory and the Environmental Crises Research Paper

International Relations Theory and the Environmental Crises - Research Paper Example The main ecological challenges of the deterioration of the physical health of the environment are still not analyzed in the context of a full-fledged ecological crisis. Let us start analysing the critical situation of our physical environment through various warning signs that emanate from nature including the warming of global climate, thinning of the stratospheric ozone shield, accelerating loss of biodiversity, acidification of freshwater lakes, soil erosion, desertification, and many others (Laferriere & Stoett, 1999, p. 3), IR theorists have remained unable to concentrate on the upcoming environmental crises. The study of the environmental crises in relation to the IR can be initiated by understanding the notion that the underlying causes of ecological degradation are political and wherever they are not, are followed by the human consequences of natural disasters. Many theorists believe that such 'attacks on nature' indicates a commitment to material growth and state power, which requires the systematic control and use of human and non-human nature. Therefore IR theory tells us that 'Positivist' theories are most likely the ones to replicate IR epistemology and are aimed to a limited extent to consider the methods adopted by the natural sciences.This way we see that examining the congruence between realism and environmental crisis requires an appraisal of key realist assumptions and recommendations, and hence of their likely implications for the state of the world. The concept of security that is produced in the classic realist texts of the immediate post-war period is clearly dependent on the container schema. However, it is equally clear that the compelling nature of the realist discourse is dependent not on one single schema and derived metaphors, but on a densely interconnected network of schemas and metaphors which are not static but have their own inferential dynamics (Beer & Hariman, 1996, p. 209). That means realism supports all kinds of power seeking techniques inclusive of all weapons of mass destruction. If we analyze the environmental crisis in the light of Darwinian studies of evolution, it is clear that we would find a solid basis which supports both 'realist' theories of international relations and 'rational choice' approaches throughout the social sciences (Masters, 2004). IR policy suggests that if a policy is perceived as a strict response to international structure, it is to argue that there need be no direct connection between a realist perspective in international affairs and one's particular ideological affinity in the 'domestic' sphere. This has been a controversial argument made about Hobbes which represents either realism's greatest strength or its greatest weakness, depending on one's interpretation.

Friday, November 1, 2019

Literature Review- Law. topic- Is the UK Parliament still legally Assignment

Literature Review- Law. topic- Is the UK Parliament still legally sovereign today - Assignment Example British officials claim that the dominant characteristic of the political institutions in the United Kingdom is the sovereignty of the Parliament. The English Constitution has granted the Parliament with the right to formulate laws and ensure their enforcement. The legal sovereignty of the British Parliament is vested in the legislation which contrasts with the federal states where sovereignty is vested in the constitution. 2 The doctrine of British parliamentary sovereignty is portrayed as a myth by certain critics because of the fact that the myth is utilized as a cover to conceal the true nature of British constitutionalism. In reality, the â€Å"collaborative enterprise† engagement between parliament and the courts provides the proof for the division of sovereignty between the British courts and Parliament. Moreover, the foundation of the constitution is thought to be based upon a common law â€Å"principle of legality†. According to the â€Å"principle of legality † the ultimate authority to interpret and enforce lies not with the Parliament but with the British courts. Even today, the British constitution seems to be inexorably moving in a direction where it will not have any sovereignty in the near future. According to certain critics the existence of sovereignty of the British parliament is a dubious notion because it never existed and the doctrine of parliamentary sovereignty is nothing more than an illusion. Whereas, some critics justify the existence of parliamentary sovereignty by stating that it is a deviation from the historically venerable constitutional tradition and has a limited existence. Such critics also claim that the vulnerable British constitution is in dire need of restoration which would inevitably provide the ultimate sovereignty that the parliament deserves. On the other hand, most critics today claim that recent developments reveal the fact that the once sovereign British parliament has lost its sovereignty with time. Some critics state that the British Parliament has enjoyed limited sovereignty throughout the history of the UK. They claim that the limited sovereignty is endangered and with time it is becoming increasingly difficult for the parliament to retain its sovereignty. 3 Is Parliamentary Sovereignty an Illusion? According to Philip Joseph the British parliament has never been sovereign and the doctrine of parliamentary sovereignty is a direct result of â€Å"lazy thinking†. In describing the British Parliamentary sovereignty, Philip Joseph states, â€Å"sovereignty implies autocracy but legislative power has never been of this nature†4. The â€Å"perverse legal theory† of Parliamentary sovereignty is regarded by many as a skewed conception of legislative power. This skewed nature of the legislative power is a cover to disguise the non existence of a true constitutional balance between the political and judicial branches of the British government. However, Phili p’s claims and suggestion have no evidence. The opponents state that it is not true to consider that the parliamentary sovereignty has no existence and they claim that Joseph is unwilling to accept the fact that the power to invalidate the legislation currently lies with the courts. 5 Over the recent years, the sovereignty of the British Parliament has been regarded as out of date and in dire need to restoration. Most critics consider that the issue of the existence of parliamentary sovereignty has been reduced to being mentioned only in the inside pages of