What Is the Theme of Mark Twains “a Fable” Essay Example

What Is the Theme of Mark Twains â€Å"a Fable?† Essay Michael Sender English 390: Fable and Fantasy Professor Robin Mosher June 1, 2010 What is the Theme of Mark Twain’s â€Å"A Fable? † Mark Twain’s â€Å"A Fable† is about how a man paints a masterpiece that is to be look at in a mirror. When the artist’s cat goes and tells his animal friends in the forest, the animals want to see the masterpiece as well. The cat brings the animals to the house one by one and has them look at the reflection of the painting in the mirror. However, whenever an animal goes to look at the painting, they unintentionally stand between the mirror and the painting, causing them to see only their reflections of themselves. The theme of the story can be functional to any reader because a reader’s interpretation of the story seen different from the author’s intent. For instance, like the animals in the woods, the reader of the story reads the words of the author’s story and pictures the story the way they want to see them in their own mind, which is a reflection of the reader’s own biases. We will write a custom essay sample on What Is the Theme of Mark Twains â€Å"a Fable?† specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on What Is the Theme of Mark Twains â€Å"a Fable?† specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on What Is the Theme of Mark Twains â€Å"a Fable?† specifically for you FOR ONLY $16.38 $13.9/page Hire Writer However, all readers know that inside of every story is a painting of the author’s intent and some readers chose or do not even see the painting. It is believe that art can only be interpreted by how each audience member perceives it. Furthermore, although creatures or people may not be able to see something, they know that it is there. Take into consideration of how the donkey, from his perspective, does not see his own ears. While nobody can see the air or ocean currents but everyone knows that it does exist just like the donkey’s ears. However, in addition, a long time ago, people were like the animals from the forest who thought things like germs and bacteria did not exist because they had never seen them before. But when a person like the cat told them, the people did not believe in germs and would not believe that person while they believed sicknesses was caused by things like bad smells and angry spirits.

Potato chips Essays

Potato chips Essays Potato chips Essay Potato chips Essay Global Variations in the Potato Crisps and Potato Chips Market Its fair to assume that consumer snacking habits are likely to differ from country to country, particularly across different regions and cultures. A clear example is the consumption of potato crisps / potato chips which can be seen in the bar chart below. 86% of consumers throughout the USA and France consume potato crisps / potato chips closely followed by 84% of GB consumers. On the other end of the scale is the Chinese market with only 28% consumption. Potato Crisps/Potato Chips* Consumption per Country 84% 72% 43% 28% USA France source: Global TG 2012 Egypt Brazil South Africa China Base: Total population But do Chinese consumers simply snack less? Data from Chinas TGI (CNRS) show that (66%), candy (64%) and chocolate (44%) in the last year. As the best known potato crisps and potato chip brands are Western-owned such Kettle, Pringles and Lays and Walkers, this may explain their lack of popularity in China and their huge appeal to Western markets. Attitudes towards diet and health can also vary between different markets with the hart below offering a direct comparison between consumer attitudes in America and China. Only 25% of American consumers agree that it is worth paying more for organic foods, whereas 60% of consumers in China agree with this statement. A further difference can be highlighted as 46% of Chinese consumers agree that they always think of the calories in what I eat compared with a much lower level of agreement throughout the USA of 27%. Any Agree with the following statements: 25% 27% 39% Its worth paying more for organic food l always think of the calories in what I eat l consider my diet to be very healthy diet to be Very healthy. So, peoples perception of what they consider to be a healthy diet is likely to vary across different markets. In this case Chinese consumers are much more consistent in their perceptions of healthy eating and what this constitutes. *USA; Potato Chips France and 6B; Potato Crisp, Tortilla Corn Snacks Egypt; Potato Chips/Crisps Brazil; Potato Crisps South Africa; Potato Sticks and other Crisps China; Crisps

2004 Indian Ocean earthquake & Sanaysay Essay Example for Free

2004 Indian Ocean earthquake & Sanaysay Essay Earth (355) , Earthquake (45) , Hawaii (26) company About StudyMoose Contact Careers Help Center Donate a Paper Legal Terms & Conditions Privacy Policy Complaints ? A tsunami is a series of water waves caused by the displacement of a large volume of a body of water, generally an ocean or a large lake. Earthquakes, volcanic eruptions and other underwater explosions(including detonations of underwater nuclear devices), landslides, glacier calvings, meteorite impacts and other disturbances above or below water all have the potential to generate a tsunami.[3] Tsunami waves do not resemble normal sea waves, because their wavelength is far longer. Rather than appearing as a breaking wave, a tsunami may instead initially resemble a rapidly rising tide, and for this reason they are often referred to as tidal waves. Tsunamis generally consist of a series of waves with periods ranging from minutes to hours, arriving in a so-called â€Å"wave train†.[4] Wave heights of tens of metres can be generated by large events. Although the impact of tsunamis is limited to coastal areas, their destructive power can be enormous and they can affect entire ocean basins; the 2004 Indian Ocean tsunami was among the deadliest natural disasters in human history with over 230,000 people killed in 14 countries bordering the Indian Ocean. The Greek historian Thucydides suggested in his late 5th century BC, History of the Peloponnesian War, that tsunamis were related to submarine earthquakes,[5][6] but the understanding of a tsunami’s nature remained slim until the 20th century and much remains unknown. Major areas of current research include trying to determine why some large earthquakes do not generate tsunamis while other smaller ones do; trying to accurately forecast the passage of tsunamis across the oceans; and also to forecast how tsunami waves would interact with specific shorelines. A tsunami is a series of ocean waves that sends surges of water, sometimes reaching heights of over 100 feet (30.5 meters), onto land. These walls of water can cause widespread destruction when they crash ashore. Tsunami are waves caused by sudden movement of the ocean due to earthquakes, landslides on the sea floor, land slumping into the ocean, large volcanic eruptions or meteorite impact in the ocean. Earthquakes Most tsunami are caused by large earthquakes on the seafloor when slabs of rock move past each other suddenly, causing the overlying water to move. The  resulting waves move away from the source of the earthquake event. Landslides Underwater landslides can cause tsunami as can terrestrial land which slumps into the ocean. View our landslide generation animation which demonstrates how a landslide induces a tsunami. Volcanic eruptions Less common are tsunami initiated by volcanic eruptions. These occur in several ways: destructive collapse of coastal, island and underwater volcanoes which result in massive landslides pyroclastic flows, which are dense mixtures of hot blocks, pumice, ash and gas, plunging down volcanic slopes into the ocean and pushing water outwards a caldera volcano collapsing after an eruption causing overlying water to drop suddenly. An earthquake is the shaking of the earth that occurs after pieces of the crust of the Earth suddenly shift. The term earthquake describes the sudden slip on a fault and includes the ground shaking and radiating seismic energy that is caused by the slip. Volcanic activity, or other geologic processes, may cause stress changes in the earth that can also result in an earthquake. Earthquakes can occur anywhere in the world although some areas of the globe are more likely to experience an earthquake than others. Earthquakes occur in all types of weather, in all climate zones, in all seasons of the year, and at any time of day making it impossible to predict with any certainty when an earthquake is likely to occur. The best seismologists (scientists who study earthquakes) can do is to look at the historical record of earthquake activity for any geographical area and use this data to calculate the probability of an earthquake occurring in the future. Earthquake prediction is still in the future. A tsunami is a series of sea waves that can be caused by earthquakes or landslides at or beneath the sea floor. The displacement of the sea floor that occurs during certain large submarine earthquakes and landslides causes displacement of large volumes of the sea water above it producing large, fast moving waves. When a coast line experiences a tsunami it can be due to an earthquake near the coast or due to a quake occurring in a distant part of the ocean. Coastal areas may experience little or no damage from an  earthquake but can be devastated by the resulting tsunami. 2010 Haiti Earthquake Haiti suffered one of the largest earthquakes in more than 200 years in 2010. The 7.0 magnitude earthquake was centered about 10 miles from Port-au-Prince and set off a swarm of tsunamis that killed three people and destroyed several homes. The waves were averaged to be about 10 feet high. 2010 Sumatra Earthquake/Tsunami he October 2010 Sumatra earthquake occurred on the same fault as the 2004 Indian Ocean earthquake. The second time wasn’t as disastrous but there was still substantial damage. This time around the earthquake was 7.7 on the Richter scale and developed a tsunami that struck the Mentawai Islands. The tsunami, which had a wave of 9 feet, destroyed many of the villages on the island. It displaced more than 20,000 people and reportedly killed 435. 2010 Chile Earthquake/Tsunami A 8.8 magnitude earthquake struck Chile on February 27, 2010 with intense shaking that lasted for about three minutes. It triggered a tsunami that destroyed several coastal towns in south-central Chile. The tsunami raced through the Pacific Ocean that 53 countries had to post warning, though there was little damage as it moved past Hawaii, Australia and Japan. The death toll was 521 victims. 2011 Tohoku Earthquake/Tsunami The 9.0-magnitude megathrust earthquake that hit the Tohoku region of Japan on March 11, 2011 was the largest earthquake to have ever hit the country. Japanese Prime Minister Naoto Kan even called it â€Å"the toughest and most difficult crisis for Japan† since the end of World War II. The tsunami that traveled along the Pacific coast of Japan’s northern islands was measured to be at least 9.8 feet high. Entire towns and cities were swept away and about 5,692 are said to be dead, with 9,522 missing and 2,409 injured. 1771 Great Yaeyama Tsunami On April 24, 1771, the Yaeyama Great Earthquake caused the formation of the 1771 Great Yaeyama Tsunami. The tsunami hit both the Ishigaki and Miyakojima Island of Japan and killed a total of 12,000 people. Agriculture was severely damaged and the population decreased about one-third of what it was. The tsunami at Ishigaki reportedly reached a height of 262 feet. 1792 Mount Unzen The 1792 eruption of Mount Unzen in western Kyushu, Japan is the most deadliest volcanic eruption ever in Japan. It caused a megatsunami that reached up to 330 feet and killed 15,030 people. 1896 Meiji-Sanriku Earthquake The 1896 Meiji-Sanriku earthquake hit Japan on a day when the country was celebrating both the return of soldiers from the Sinto Japanese War and a Shinto holiday. The 7.2 magnitude earthquake that took place was small but the tsunami that struck the coast of Sanriku 35 minutes later was much greater. Waves as high as 125 feet were measured and nearly 9,000 homes were destroyed. 22,070 were reported dead and an unusually high count of victims with fractured skulls and broken or missing limbs. Hawaii also suffered some destruction from the tsunami as waves of 30 feet were measured there. 1868 Arica Earthquake/Tsunami The estimated 8.5 to 9.0 magnitude earthquake near Arica (then part of Peru, now part of Chile) in 1868 nearly destroyed all of Arica and its surrounding cities. The tsunami it produced almost completely destroyed the port city of Pisco. It also caused some damage in Hawaii, New Zealand and Japan. About 25,674 casualties were reported. Aug. 27, 1883: Eruptions from the Krakatoa volcano fueled a tsunami that drowned 36,000 people in the Indonesian Islands of western Java and southern Sumatra. The strength of the waves pushed coral blocks as large as 600 tons onto the shore. June 15, 1896: Waves as high as 100 feet (30 meters), spawned by an earthquake, swept the east coast of Japan. Some 27,000 people died. April 1, 1946: The April Fools tsunami, triggered by an earthquake in Alaska, killed 159 people, mostly in Hawaii. July 9, 1958:Regarded as the largest recorded in modern times, the tsunami in Lituya Bay, Alaska was caused by a landslide triggered by an 8.3 magnitude earthquake. Waves reached a height of 1,720 feet (576  meters) in the bay, but because the area is relatively isolated and in a unique geologic setting the tsunami did not cause much damage elsewhere. It sank a single boat, killing two fishermen. May 22, 1960: The largest recorded earthquake, magnitude 8.6 in Chile, created a tsunami that hit the Chilean coast within 15 minutes. The surge, up to 75 feet (25 meters) high, killed an estimated 1,500 people in Chile and Hawaii. March 27, 1964: The Alaskan Good Friday earthquake, magnitude between 8.4, spawned a 201-foot (67-meter) tsunami in the Valdez Inlet. It traveled at over 400 mph, killing more than 120 people. Ten of the deaths occurred in Crescent City, in northern California, which saw waves as high as 20 feet (6.3 meters). Aug. 23, 1976: tsunami in the southwest Philippines killed 8,000 on the heels of an earthquake. July 17, 1998:A magnitude 7.1 earthquake generated a tsunami in Papua New Guinea that quickly killed 2,200. Dec. 26, 2004: A colossal earthquake with a magnitude between 9.1 and 9.3 shook Indonesia and killed an estimated 230,000 people, most due to the tsunami and the lack of aid afterward, coupled with deviating and unsanitary conditions. The quake was named the Sumatra-Andaman earthquake, and the tsunami has become known as the 2004 Indian Ocean tsunami. Those waves traveled the globe – as far as Nova Scotia and Peru. March 11, 2011: A massive 8.9-magnitude earthquake struck northern Japan, triggering tsunamis that reportedly swept up cars, buildings and other debris. The Japan Meteorological Society has forecast more major tsunamis in the area, with some expected to reach more than 30 feet (10 m) off the coast of Hokkaido, Japan’s second largest island. A tsunami was also generated off the coast of Hawaii, one that could cause damage along the coastlines of all islands in the state of Hawaii, according to the Pacific Tsunami Warning Center. Tsunami warnings are in effect across Hawaii as well. 2004 Indian Ocean earthquake & Sanaysay. (2016, May 26).

Dance Assignment Example | Topics and Well Written Essays - 500 words - 3

Dance - Assignment Example The Three Shades dance is characterized by fast rhythmic movements since the setting is a wedding, and there are is a mixture of joyous and turbulent occasions. In Swan Lake, the dancers remain close to the ground most of the time while including very little instances of jumps or balancing on one foot. All moves are done by not less than four dancers yet they move in perfect harmony, emulating the natural movements of swans in the lake. At one point, some of the dancers form a circle with eight girls in the middle. They engage in several smooth motions that eventually result to rows of four girls each walking in minute steps on their toes from one end to another. Almost immediately, the rows fuse and the girls are now in two perfectly straight columns, with each one passing through the other in turns. The viewer is hypnotized by the smooth movements of the dancers, which makes them think of how nature can surprise you with its perfect harmony. In the case of Three Shades, the dancers move with the fat rhythms. Only one dancer performs on the stage at a time, except for one scene where three of them are backed by the rest. The dancers are in the air more than they are on the ground, utilizing the concept of the level very well. On one scene, the lady dances with a male partner who lifts her off the ground with ease and precision, all the while maintaining a rhythmic motion to the music. The gentleman leaves and returns later after the lady exits. He also rarely stays on the ground, spinning in the air up to three times in a row. The dance seems to send the message that most of the joyous moments we experience are similar to flying high in the sky, although most of the time short-lived. The choreography for both dances coincides well with the theme of the tales and the titles. Just like swans in the lake are calm and graceful, the music in Swan Lake is slow and the dancers move in slow coordinated motions, depicting the calmness and

Best Buy's Code of Ethics Essay Example | Topics and Well Written Essays - 2500 words

Best Buy's Code of Ethics - Essay Example 34). Best Buy (2009) defines ethics as â€Å"putting principles into action,† which to the company is a matter of integrity and self-restraint (p. 1). Aiming â€Å"to be a responsible, values-driven global enterprise,† (p. 6), Best Buy declares its values into four strong statements: (1) â€Å"unleash the power of our people;† (2) â€Å"learn from challenge and change;† (3) â€Å"show respect, humility and integrity;† and (4) â€Å"have fun while being the best† (p. 5). These are achieved through mutual partnership, honest and accurate information, respect for employees’ autonomy, recognition of work, strict observance of confidentiality, zero-tolerance on retaliation, responsibility to stakeholders, respect for diversity, legal compliances, health and safety in the workplace, respect for the physical environment, financial integrity, fair competition, corporate social responsibility, protection and proper use of company assets, and pr otecting intellectual property. These values are well-ingrained in the companies stated responsibilities: Responsibility to each other – deals with the company’s internal environment, ranging from the relationship of management to employees, employees to the company, and employees to their co-employees; responsibility to customers – tackles the company’s ethics in advertising, market distribution, and relationship with diverse customers; responsibility to shareholders – emphasizes financial integrity, transparency, and the safeguarding of the company’s assets; responsibility to business associates – highlights fair competition and conflict of interest; responsibility to communities – spells out the company’s corporate social responsibility and its legal and responsible global operations; and the special obligations of employees with financial reporting responsibilities -- stresses honesty, accountability, compliance, obj ectivity, promptness, and full disclosure. Following Takamine’s Justice Model, which integrated both the Blanchard-Peale Model and Velasquez Model (Takamine, Date, p. 38), Best Buy’s code of ethic

Effective Governance Essay Example for Free

Effective Governance Essay Every successfully running organization that wishes to continue working with bright colors, intends to work in such an order that could help them not only to come up to the standards expected by their clients but also to meet their targeted objectives. This helps in survival and future success of the enterprise. To continue working like this, every organization would need effective governance that could help it in achieving its goals and objectives. Till now, there hasn’t been a proper definition of Effective Governance known yet, but it can be understood as the set of all the procedures, laws, processes, customs, policies, controls and systems that are used to safeguard the comp any and help to grow assets through which an organization can proceed in a successive manner. Effective governance is required for every company because it needs a strategic set of systems, controls, laws and regulations for its external capital, financial transactions, investment, growth and also to prevent relationships with stakeholders and others. In short, governance is a set of procedures, controls and systems through which a company prospers while securing accountability. On the whole, governance is entirely an internal system which helps the company in carrying out effective operations in collaboration with the external resources. External resources include the external capital and shareholders. External capital is the loan or equity used for the financing of the company to carry out their business activities, investment and growth. Shareholders and stakeholders are the external resources who make investment in the company’s business to make profit. The outcome of making investment in the business by the stakeholder/shareholder goes to the economic development of the country. It not only strengthens the confidence of the organization and investors, but also gives a boost to the social economy and helps in building up a strong relationship between both. Economic power of any nation can be measured from the annual investments made by the investors, shareholders, stakeholders in different organizations. The more sound and subtle investment made, the more a country would prosper and become stronger internally. Principles of Effective Governance: †¢ Leadership †¢ Empowerment and accountability given to stakeholders †¢ Good communication †¢ Fair service †¢ Perform to accomplish †¢ Measure †¢ Learn to grow †¢ Participation of the board †¢ Shareholders’ awareness According to an adverb, it is said that â€Å"Action speaks louder than the words†. So is with the companies with governance. A company having proper and effective governance has the ability to work more efficiently and in productive manner than any other company that does not have any sort of set of rules or governance to act upon. This governance applies on every single entity in the company. Let it be the entrepreneur, employees, management, shareholders, and other related bodies to the organization. All the people relating to the company would be satisfied that the organization would run in an ethical manner because it has a set of systems and controls that drives it to run smoothly and in a specific manner, that not only would help it to run productively but also has a certain future adjacent to it. It also helps in letting know about the responsibilities of every person related to the company that what should be their role to act upon in order to bring the maximum outcome from the business and thus, creates reputation of the company. In short, effective governance acts as a tool to run the business efficiently and produce remarkable results and profit. Good relationship with the stakeholder matters a lot for the business as well, that is why managing a good communication level with the shareholders is also very necessary and is a part of governance since governance depends on the establishment of manageable communication between both. Stakeholders can be individuals or institute who are part of the company externally. They are involved through the investment they have made in the business to promote the company and generate revenue. The involvement depends on the amount of financial investment they have made in the company. The relationship can be direct or indirect. Previously, effective governance was taken as a source to capitalize on the profits and revenue an organization can generate as much as possible. But, with the passage of time, governance processed and involved the aspects of responsibility, accountability and prevention of stakeholders, shareholders interest. Effective governance not only develops the company’ reputation but also safeguards and helps in protecting the risk of downfall of company’s reputation and status. An important factor that every organization would need is â€Å"Board of Directors†. This talented and diversified team is responsible for managing the whole infrastructure of the company and looks after the internal and external affairs including the relationship of stakeholders and carries out the maximum accountability. This is because the board of Directors is legally fully responsible for every matter that is handled and they can delegate the matter accordingly. If not practiced properly, the entire economic system of the country could go on stake because most of the public oriented companies deal on public shares, and without derived governance, the whole situation can be vulnerable. Any country’s economic platform cannot continue without effective governance, because it cannot rely on the government policies (that keep on changing due to the political conditions), nor any regulatory agency which in intact with the government policies and works for companies with stakeholders. Another factor that affects the governance of a company is decision making by the senior management. Decision making by the management ensures that the work carried out is a major responsibility that is made by following the company’s policies and procedures. It must ensure compliance with legal, regulatory and social requirements in their area of responsibility.

Paper -- essays research papers

In the 1790s members of the industry in both Paris and London were working on inventions to try to mechanise paper-making. In England John Dickenson produced the cylinder machine that was operational by 1809. Although useful for smaller enterprises, this lacked the large scale potential of the machine resulting from the invention of Nicholas-Louis Robert in Paris, which had a more complicated incubation period. The last of the early improvements to this machine were financed by the Fourdrinier brothers in London, and it was after these brothers that the machine was named. The Fourdrinier could produce paper of virtually any size for the very first time, limited only by the width of the continuous wire mesh upon which the paper was made. It has been estimated that this machine could produce 40,680 14"x 18" sheets in 12 hours - the production equivalent of 8 hand-operated vats - thus reducing the price of some papers by about two-thirds. A watershed had been reached which le d to a rapid increase in other mechanical developments and improvements.The change-over to new technologies was, however, gradual. A few mills using the old hand-made methods continued to function until relatively recently. One mill, Wookey Hole in Somerset, still operates on a small scale but this is largely for tourist purposes. This is slightly counterbalanced by one or two new hand-operated mills that have opened in recent years.The scarcity of paper-making materials had been a problem from th...

Acquiring a Firm Resolve: Dignifying Maturity in the Short Story

There are moments in our lives when we radically change. Something happens to us that transforms us into a new person. It may come as we read an engaging text, as we undergo an enlightening experience, or as we witness an interesting event.The catalyst for this radical change may vary, but its impact will always be the same: we can never go back to our old self, because the change, once done, marks our individual history. This is what happens to Sammy, the main character of the short story, â€Å"A&P† written by John Updike.Sammy undergoes a personal change, a change that makes him take a stand and evolve from an immature teenager to a young man strongly resolved to stand firm in his beliefs.In the first part of the story, we see Sammy’s immaturity as he ogles at the three scantily clad girls. He observes them like any normal teenage boy; he sees the girls as objects of interest because of the way they are dressed.   He is delighted by their presence because of his at traction to them, especially to the dominant girl in the group whom he calls Quennie, who is â€Å"more than pretty† (page number).Sammy even goofs around with his co-worker Stokesie, reveling in the presence of the girls who are so misplaced, wearing bathing suits at a grocery store:You know, it's one thing to have a girl in a bathing suit down on the beach, where what with the glare nobody can look at each other much anyway, and another thing in the cool of the A & P, under the fluorescent lights, against all those stacked packages, with her feet paddling along naked over our checkerboard green-and-cream rubber-tile floor.

Fair Value accounting Essay

The squabble on the issue of what accounting measurements will be used as the standard for financial instruments had caused the on-going debate with various proponents of accounting standard; even today, proponents of every side argues on the basis of their advantages over the others. Among these contending parties are the proponents of the fair value accounting and those who favored accounting standard based on the historical costs. Hitz (2007, p. 324) pointed out the increasing importance of fair value as an accounting measurement attributes. Hitz stated that today, the â€Å"cost and transaction-based reporting model is in decline and a new market value and event-based model is on the rise† (Hitz, p. 324). Citing the significance of fair value accounting, Hitz mentioned that starting out as a specific remedy for the iniquities of the reporting model for certain financial instruments â€Å"fair value has manifested it self as a dominant measurement paradigm for financial instruments and, more recently, has increasingly been implemented for measurements of non-financial items† (Hitz, 324) such as investment property. On the other hand, while Hitz adhere to the tenets of fair value accounting, he recognized the views of the opponents of fair value accounting particularly the criticism regarding the questionable reliability of fair value measures notably for model-based estimates relying on management’s expectation and projections. However, Hitz asserts that results on empirical research regarding value measurement â€Å"support the incremental value relevance of fair value disclosure for securities (Petroni and Wahlen, 1995; Barth et al., 1996 as cited by Hitz). The Australian accounting standards Board (AASB) though recognizes other accounting standards it recognizes fair value accounting as the main financial instruments which applies in various financial processes and transaction within AASB. The AASB defines Fair value as â€Å"the amount for which an asset could be exchanged or a liability settled, between knowledgeable, willing parties in an arms length transaction† (p. 21) Fair value has been the standards in evaluating and managing the performances of a group financial assets or financial liabilities. In the ASSB 7, paragraph 9 to 11 and B 4 the ASSB require the entity to provide disclosures about financial assets and financial liabilities it has designated at fair value through profit or loss including how it satisfied these conditions (ASSB, p. 17). This clearly indicate that fair value accounting as a financial standard instrument have been effectively use and provide significant contribution to the financial situation. This is clearly reflected in the following statement from the ASSB as follows: â€Å"investment in equity instrument that do not have a quoted market price in an active market, and whose fair value cannot be reliably measured shall not be designated as at fair value through profit or loss† (p. 18). The Fair value of any investment plays an important in determining market condition as the fair value of a particular financial instrument is based on the following factors a. the time value of money, b. the credit risk, c. foreign currency exchange prices, d. commodity prices, e. equity prices, f. volatility, and g. payment risk. Regardless of the accounting standard used, accounting plays an important role in financial reporting. While M. J. Milne’s discussion focus on the importance of accounting in financial management including accounting standards that lead to increases in reported earnings,   citing the arguments of Watt and Zimmerman Milne (2002) puts it â€Å"Managers have greater incentives to choose accounting standards which lower earnings thereby increasing cash flows, firm value, and their welfare, due to tax political, and regulatory considerations than to choose accounting standards which reports higher earnings and, thereby increase their incentive compensation† (p. 372). Obviously, accounting standards contributes to the financial situation not only of the firm that uses such standards but the entire financial realm. In this case, Milne partly hinted as to why trillions of dollars went off the global financial market balance sheets and why asset values experience decline. Milne seem to mean that managers choose accounting standards that reported lower earning yet, it increase the firm’s cash flows, the firm value, and their welfare, due to higher tax and political pressures. In this case the real market value as well as the real earnings were reassigned to somewhere else or as Milne suggest, to cash flows and their value. Given this accounting standard, it is no wonder that management will lobby financial instrument that reduce reported earnings to avoid taxes, regulatory procedures, and all other costs. As Milne stressed, â€Å"ordinarily, managers are predicted to have greater incentives to lobby for accounting standards that lead to increase in reported earnings and thereby management wealth. However, since changes in cash flows and stock prices can also be affected by taxes, regulatory procedures, information costs and political costs, managers also have to consider the effects of reported earnings might have on the likelihood that such costs could be imposed on the firm† (p. 372). The trillions of dollars that were written off the global financial market balance sheets and the massive decline of asset values can therefore be attributed to these factors accompanying this accounting standard, and the commentators were partly right in their opinion regarding this massive decline of asset values. However, this does suggest that that money going to taxes, regulatory procedures, political costs, and information costs are lost money and that regulatory procedure should be viewed as negative for business activities. Regulatory procedures should be viewed in even broader terms that include all forms of social control and influence. Michael Greiffin emphasized that this should also include â€Å"not only the corporations legislative requirement but also other rules and directions, such as professional accounting standards and stock exchange requirements† (p. 2 par. 3). Graffikin pointed out that regulation is considered desirable â€Å"where there windfall profits† – where through some fortuitous event is able to make above â€Å"normal† profits. Regulations should be seen as necessary in the rationalization and coordination of economic activity so as to organize behaviour of industries in an efficient manner (graffikin, p. 3).

Affirmative Action Should Be Abolished essays

Affirmative Action Should Be Abolished essays Running head: Abolish Affirmative Action Affirmative Action Should Be Abolished The term affirmative action encompasses a range of measures aimed at compensating for past discrimination by increasing the chances that minorities or women will be chosen for jobs, promotions, admissions, or contracts. The 1964 Civil Rights Act prohibits workplace discrimination on the bases of race, color, religion, sex, or national origin. That law also states it should not be interpreted to require any employer to grant preferential treatment to any individual or to any group. Mishkind (1996, p108) States that the only form of discrimination left is the kind that operates against white males. There, in the name of redressing ancient wrongs, white males are routinely shoved aside to make room for less qualified women and minorities. All forms of discrimination must stop. By abolishing affirmative action the majority of discrimination will be gone. The original affirmative action document was developed in 1963 by a young black lawyer named Hobart Taylor Jr., and two future Supreme Court Justices, Arthur Goldberg and Abe Fortas. The document was titled Executive Order 10925. Since 1963 many changes have developed what is currently known as, but not loved, affirmative action. People realized in 1963 that this document was unjust and protested to no avail. Now, 34 years later, the protesting continues but the problem still grows. Affirmative action successfully limits a companies size, negatively affects the groups of people it was created to help, and discriminates Large companies struggle to maintain affirmative action laws. Many companies opt to stay small to avoid the cost and headaches affirmative action can cause, in return decreasing the potential job market. Starr (1996, p37) found The affirmative action requirements delineate the...

Nixon's Counterterrorism Policies Essay Example | Topics and Well Written Essays - 750 words

Nixon's Counterterrorism Policies - Essay Example It also looked into the implementation of these activities effectively. It consisted of the Secretary of State, Secretary of Defense, the Attorney General, Secretary of Transportation, Secretary of Treasury, the Ambassador of the United Nations, the director of the Federal Bureau of Investigation, director of the Central Intelligence Agency and Assistant to the President for National Security affairs (Crenshaw n.p.). Two incidents which triggered the formation of this committee took place in the early 1970’s which led to the development of the modern counterterrorism policies. One occurred at the Munich Olympics in September 1972 by the Black September Organization, killing approximately 11 Israeli athletes. Another case of terrorism conducted by the same organization occurred in the form of kidnapping which took place in Khartoum and the immediate assassination of US Ambassador and his Deputy Chief Commission along with a Belgian diplomat (Naftali 33). This was the ultimate c ase which convinced President Nixon to take strong action against terrorism. The tangible threats to the US national security were the main focus of Nixon’s policy. ... By the time it got down to Clinton, he ensured his policies stood out from his predecessors. Another aim was to reduce the tension in the Middle East between the Israeli and Arab world. Nixon had assigned the responsibilities of counterterrorism to his old friend William Roger (Alexander xix). Arabs were in a natural conflict with the United States for its support for the Israel cause. Ever since the Six Day War of 1967, the Palestinians’ resentment grew stronger and they took wild measures in the form of terrorist acts. The case of Jordan in 1970 was one of great concern for the Western world. The defeat of the Fatah-led Palestinians gave rise to the emergence of the organization of Black September which split away from PLO by its own choice and continued to involve in radical acts across the globe. The main concern while fighting against these terrorists forces for the US was the elaborate network which could capture their Embassy in Jordan. The US paratroopers were brought to alert positions and seize the International Airport if necessary. This was the first lesson they got in dealing with the terrorists (Naftali 54). The presidents were pressurized to maintain their complete attention on the issue of terrorism. Although they did their best, their resolutions and initiatives were never entirely implemented by the concerned bureaucracies. In 1981 the call to establish a clearinghouse of intelligence by Vice President George H.W. Bush went unheard. The National Security Decision Directive 138 was issued by Reagan’s administration in 1984 strongly condemning any act of terrorism stating that such activities would not be tolerated by the United States (Crenshaw 2005). Nixon employed several steps as a move towards counterterrorism which

Naomi Klein's Don't Fence Us in Essay Example | Topics and Well Written Essays - 500 words

Naomi Klein's Don't Fence Us in - Essay Example This paper illustrates that in recent times on a worldwide scale, capitalism has been evident in free trade, as carried out by the World Trade Organization (WTO) and in the phenomenon called globalization. Klein’s essay uses the metaphor of the fence to describe the barriers that come up every time capitalist policies are enforced. The fence here can be virtual as to stop or paralyze people from exercising their freedom   The fence can real and visible, as when governments or powerful groups prop up security apparatuses to keep out workers or activists from getting too close in their protests against capitalism. She describes capitalism as the all-source or origin of state policies such as privatization, of World Bank missives to borrower-governments dictating fiscal or budgetary priorities, and to the recent phenomenon of globalization. On the other hand, she also writes that capitalism is dismantling â€Å"necessary fences† such as the one protecting schools from be ing invaded by advertisements, an example of a public space being overtaken by the private sphere. The purpose of the â€Å"Don’t Fence Us In† is to dominate and discredit capitalism for being the all-source of the negative manifestations of privatization, of the continuing debate on free trade and globalization and of even on the issue of what is behind genetically-modified food. Her arguments are too all-embracing as they try to tackle several issues all at once and point to one single cause, capitalism.