Thursday, August 27, 2020

Organization Behavior and Business Communication

Question: Examine about the Organization Behavior and Business Communication and recognize the prescribed procedures of the organization and build up a model. Answer: Presentation The accompanying segment is going to make a top to bottom audit of fluctuated literary works with respect to inner correspondences that influence hierarchical structure just as culture. All the more absolutely, the accompanying talk will choose an individual association, which has conspicuous inward correspondence techniques and hierarchical structure. It is required to make reference to here that the picked point for the paper has been association structure and plan with regards to inside correspondence. The thought process will be here to distinguish any ongoing changes going inside the chose association and perceive a specific issues with respect to the reason of authoritative inner correspondence and hierarchical structure. With the assistance of underlining on existing models, ideas and hypothetical recognitions in regards to inner correspondence and hierarchical structure, the current paper will build up a reasonable model of inward correspondence. In this specific situation, i t is critical to make reference to that the prime goal of building up a reasonable model of inside correspondence and authoritative structure is to tackle the recognized issues or challenges that the considered association is by and by experiencing in the field of partner or interior correspondence. In this manner, so as to achieve the previously mentioned reason, the paper has picked the Australian monster retailer Woolworths. Following the previously mentioned objective, the paper will set up an intelligible justification for choosing the thought about association and from that point will expand the foundation data of Woolworths. Simultaneously, current hierarchical practice and ongoing changes occurring in the endeavor will likewise be underlined and assessed. Through along these lines, the paper would distinguish and signify issues with respect to interior correspondence lastly will cumulate all the important hypothetical underpinnings in regards to inward correspondence. The paper will at last finished in making a reasonable and helpful model for relieving the hierarchical issues. In this regard, it ought to be referenced that the expression inward correspondence is known to be a transmission of hierarchical data between authoritative partners (Argenti, 2015). Foundation data and ongoing changes in Woolworths Among different associations with retail intrigue, Woolworths is known to be the best. The undertaking is considered as the second biggest association by the pace of income in Australia. In the market, the main possible contender of Woolworths is known to be the Perth-based aggregate Wesfarmers. Then again, it has been discovered that Woolworths has effectively won the spot of biggest takeaway alcohol store in the domain. As far as size, the association has the quantity of representative of 202,000 and the gross income of the association until 2016 has been a$59 billion (woolworthsgroup.com.au, 2017). The glory of Woolworths activity isn't just restricted to grocery store retailing, as the association has stores of Petrol, alcohol, general product, inn and betting and home improvement (Bolton, 2015). It has been discovered that the association has in excess of 3000 stores with in excess of 29 million clients over the world. In this regard, it is fundamental to specify that the associations culture and strategies are generally impacted by the associations objective or crucial success the situation of being number one over every single other brand (woolworthsgroup.com.au, 2017). Following the specific hierarchical objective, the association has faith in making an all around coordinated group of interior partners. The association accepts that it is basic to gain backing of the colleagues and providers first preceding incorporate help of the clients (King Thobela, 2014). Most altogether, the association accepts that to avoid the opposition, it is important to improve the shopping experience of the objective market and along these lines group center is something that the association wants to achieve through their authoritative structure. Presently, the considered association is experiencing some noteworthy changes in the association structure as the association has as of late utilized Brad Banducci for the post of overseeing executive. Because of administrative changes, the association has consolidated changes in inward correspondence methodology as far as authoritative basic change. The association has recently confronted issues with respect to inadequately kept up authoritative structure and interior correspondence (Spillan Ling, 2015). In any case, following the tremendous administrative change in the undertaking, the association has changed the current method of interior correspondence and has chosen to turn out to be more client driven. By and by, it ought to be meant that as far as change, the association is anticipating redesiging the prize or dependability programs for its clients. Method of reasoning for choosing Woolworths The retail goliath Woolworths has been picked because of the explanation that the association is presently experiencing a few changes in the associations structure because of authority changes and high income and offer market misfortune. Subsequently, the thought about point, which is authoritative structure and plan conceivably, has a relationship with the thought about associations current circumstance. Then again, it is state that inner correspondence alludes to effective transmission of data among the inside partners, which can't be productively practiced without a legitimate and very much kept up hierarchical structure and plan. Naturally, the association is experiencing insecure state of inside correspondence also. Be that as it may, another purpose behind considering the retail association Woolworths is, rather than enduring a drawn out administrative precariousness, Woolworthss income edge and brand acknowledgment is as yet keeping up its situation to be the second market pioneer in the market front of Australian after Wesfarmers. Accordingly, inside correspondence issues and its effect on the hierarchical structure of an association like Woolworths, which has as of late experienced enormous administration changes is advocated. Practice of Woolworths with respect to hierarchical structure Preceding elaborate the current authoritative structure and inward specialized strategy for the thought about association Woolworths, it is fundamental to call attention to that for monster universal associations like Woolworths, it is basic to break the association in a few sections and disperse the duties similarly (woolworthsholdings.co.za, 2017). It has been discovered that the considered venture Woolworths has been in a general sense following the progressive or divisional hierarchical structure. According to the explanation that in divisional or various leveled hierarchical structure, duties of an association are appropriated to a few divisions albeit each subordinate gathering work under one individual head or authority. In any case, in this regard it is fundamental to indicate that shockingly in divisional authoritative structure, an association can't effectively achieve a prosperous correspondence with all the inner partners (woolworthsgroup.com.au, 2017). The explanation fo r such conceivable condition is that laborers in shifted divisions don't cooperate. Nonetheless, for a goliath universal association like Woolworths, principally it tends to be said that determination of the various leveled or divisional authoritative structure is useful according to the explanation that the undertaking works in a huge geological region. Tragically now the vast majority of the business pundits are scrutinizing the individual association structure of Woolworths to be the principle blemish of the endeavor for augmenting the disease of the executives practice. Current inside correspondence of Woolworths and its issues Following the hierarchical structure of Woolworths, it very well may be along these lines said that the associations long haul issue of ineffectively oversaw administration and correspondence blemish is legitimate as justifiably, following the divisional structure, the association couldn't have appropriately sought after an adept inside correspondence. All things considered, it has been distinguished that in term of seeking after authoritative correspondence among the interior partners, the retail monster Woolworths has been thinking about utilizing corporate intranet, bulletins, group gatherings and authority email (woolworthsholdings.co.za, 2017). Rather than these conventional methods of interior correspondence, as indicated by the current authoritative act of Woolworths, the association conducts individuals overview and correspondence gatherings with the workers. It has been discovered that for individual inward partners, Woolworths has kept various arrangements of inside corresp ondence strategies and techniques. All the more absolutely, it has been distinguished that for incorporating correspondence with the specialist co-ops or the representatives and individual contractual workers, according to the current practice, the association shares important data just as pull noteworthy criticisms. The association seeks after that through both formal and casual and verbal correspondence. Further, it has been distinguished that Woolworths seeks after progressing immediate just as aberrant correspondence commitment through electronic and composed correspondence (woolworthsholdings.co.za, 2017). Then again, in type of another piece of authoritative interior correspondence, the organization utilizes yearly comprehensive gatherings, survey of the half-yearly experts results, examiners meeting in archived structure, site updates and supportability report to speak with their partners. The point behind connecting with investors in the inner correspondence is to procure precise desire from them and to take

Saturday, August 22, 2020

Superstitions Essays (2855 words) - Luck, Superstitions, Folklore

Odd notions Odd notions. Dina Fagoth Language Arts P. 3/eighth Foundation A notion is a conventional conviction that a specific activity or occasion can cause or anticipate an evidently inconsequential occasion. Odd notions guarantee that an individual will pass securely starting with one phase of life then onto the next. A large number of them include somebody making purposeful move to make something occur or to forestall something from happening. A few notions return nearly to the earliest reference point of human life on Earth. The majority of them originate from antiquated Europe and Egypt. There is no logical reason for odd notions. However, they constantly are being passed on from age to age. Nearly everyone sticks on to a couple of them. Before misfortune strikes, there are a lot of things, or rabbit's feet, that can be utilized to forestall the misfortune. One, which is presumably the most normal, is a bunny's foot. This is on the grounds that the quick proliferation of the hares is considered as riches. Another rabbit's foot is the good luck charm. It is very abnormal to discover one of every a field of clovers. So whoever found a good luck charm was believed to be extremely fortunate. The intersection of the fingers, which is most likely recognizable to all, is apparently good karma. This is on the grounds that it is said to trap the abhorrence inside where the fingers cross and keep them from harming you. Another sign is the hover by bringing the thumb and index finger together. The encasing of a hover with the pointer also, the thumb implies everlasting life on the grounds that a circle has no start or end and it is accepted to encase karma. For example, the wedding band represents a long also, glad marriage. Thumping on wood is something likely very notable however numerous individuals don't comprehend its significance. Many don't have the foggiest idea where it began from. Knocking on wood returns to the good 'ol days when individuals thought divine beings lived in trees. Consequently, when the individual thumped on wood they were asking the god-soul inside to see that karma remains with them. Iron is supposed to be much more fortunate than wood. Since it was utilized for different articles like apparatuses, individuals thought it was 1endowed with enchantment. Bowed nails and pins are additionally thought of fortunate like in the maxim: ?See a pin, and get it, all the day, you'll have good karma. ?See a pin, and let it lie, you'll need a pin before you pass on.? II. Types Incalculable exercises are engaged with odd notions. For instance, eating, resting, working, playing, marriage, kids, disorder, and passing on are all piece of them. There are additionally various notions associated with creatures. Sports too incorporate numerous notions, baseball specifically. There are additionally numerous in b-ball, tennis, golf, horseback riding, and different games. Dates and occasions can likewise be eccentric. Everyone does a little something to guarantee karma when twelve o'clock rolls in o'clock on New Year's Day. There are likewise odd notions about the times of the week. Clearly, there are odd notions for everything on the planet. III. Marriage No one experiences a big day without strange notions. At weddings, shoes would be tossed at the lady of the hour and husband to be and extraordinary karma would be 2bestowed upon them if their carriage were hit. Her man of the hour, to set up his authority, would emblematically strike the lady of the hour. Ladies would toss shoes at the bridesmaids to see who might wed straightaway. The clothing is additionally significant. The lady of the hour has numerous hues to pick from yet some are better than others like in the saying: ? Hitched in White, you have picked right. ? Hitched in Gray, you will go far away. ? Hitched in Black, you will wish yourself back. ? Hitched in Red, you will wish yourself dead. ? Hitched in Green, embarrassed to be seen. ? Hitched in Blue, you will consistently be valid. ? Hitched in Pearl, you will live in spin. ? Hitched in Yellow, embarrassed about your individual. ? Hitched in Pink, your soul will sink.? Blossoms have consistently been huge highlights in wedding. The lucky man is assumed to wear a bloom that shows up in the wedding bundle. Each bloom has it's own which means . For instance, an orange bloom means 3chastity, virtue, and beauty. The red chrysanthemum represents ? I love you?. There are explicit days

Interventions for Smoking Cessation

Mediations for Smoking Cessation Presentation Wellbeing education is the â€Å"capacity to acquire, convey, process, and comprehend essential wellbeing data and administrations to make suitable wellbeing decisions† (Centers for Disease Control and Prevention, 2014). Smoking is a typical addictive conduct and is awful for wellbeing status from numerous points of view. As per World Health Organization (2014) tobacco murders about 6,000,000 individuals for every year. In this way, it is imperative to advance people’s wellbeing proficiency of smoking through compelling intercession to improve wellbeing condition. Brief mediation is a powerful strategy to convey reasonable data and increment the inspiration of customers to change the substance use (Substance misuse and emotional well-being administration, 2014). Medical attendants can utilize brief mediation to improve the wellbeing education among customers with resultant better wellbeing results. This paper will right off the bat depict the potential wellbeing effects of smoking on individual in Australia and all around. Besides, it will utilize a case to dissect the smoking through phase of progress show and talk about three ways to deal with change the conduct. Thirdly, it will pick the most feasible methodology to give wellbeing education to the customer. Ultimately, I will talk about how changing a singles person’s conduct can add to worldwide wellbeing. Outline of smoking Cigarette contains in excess of 7,000 concoction substances and the greater part of them are destructive to our body. Once breathed in into the lung, these synthetic mixes will be conveyed to all the tissues of our body through blood (Centers for Disease Control and Prevention, 2014). Smoking will debilitate the typical development and capacity of the cells and result in malignant growth tumor development. Research indicated that smoking can cause numerous sorts of malignant growths in our body, for example, larynx, lung, mouth, nose, and throat disease (U.S. Branch of Health and Human Services, 2010). For the cardiovascular framework, smoking will harm our veins with plaque arrangement and produce thicker vessel dividers and smaller lumen. Subsequently, smoking is a significant hazard factor for stroke and coronary illness (U.S. Division of Health and Human Services, 2010). Smoking additionally makes harm the respiratory framework, particularly the aviation route and alveoli. The ex amination indicated that constant obstructive aspiratory illness including emphysema and ceaseless bronchitis are most usually identified with smoking. Furthermore, smoking will likewise influence the richness and invulnerable framework and increment the opportunity to have type 2 diabetes (Centers for Disease Control and Prevention, 2014). To wrap things up, used smoke causes unfavorable impacts, for example, cardiovascular and respiratory sicknesses to the friends, family and network. Taking everything into account, smoking may affect the entire body and result in genuine medical issue. As per World Health Organization (2014), smoking is identified with in excess of 6 million people’s demise; 5 million bite the dust legitimately because of tobacco use and 600,000 individuals kick the bucket from presentation to used smoke. In Australia, around 3.1 million individuals (19.5%) are present smokers matured more than 18 years of age and among them 20.4% male and 16.3% female are day by day smokers (Australian Bureau of Statistics, 2011). Smoking was answerable for 20% of malignancy demise in Australia and around 45,000 hospitalisations in New South Wales were identified with smoking (Cancer Council NSW, 2013). Likewise, almost 600,000 individuals (3.6%) revealed in danger of having coronary illness and other ceaseless conditions because of utilizing tobacco items (Australian Institute of Health and Welfare, 2013). Smoking is a typical unfortunate conduct in Australia as well as everywhere throughout the world and adds to numerous ailments and passing. Occurrence of smoking Mr. C is a multi year elderly person who originates from Taiwan and functions as a bookkeeper in a PC organization. He had a background marked by smoking around a long time since moved on from senior secondary school. He for the most part smokes 10-12 cigarettes per day. Mr. C has the clinical history of type 2 diabetes. He accepts that smoking can assist him with discharging the pressure and tension. He truly appreciates the snapshot of smoking and expresses that smoking can animate reasoning. In any case, Mr. C created profitable hack as of late and had brevity of breath when climbing the steps. He went to see a general expert and the doctor educated him that the beneficial hack and brevity of breath are identified with smoking. Along these lines, the general specialist gave Mr. C a handbook about the data of smoking and proposed him to stop smoking. Subsequent to seeing the general professional, Mr. C read through the handbook and attempted to look the web for applicable data. He likewise examined with his family and the entirety of his family bolstered him to stop smoking. Mr. C delayed about halting smoking. Since he imagined that smoking was a decent strategy for him to diminish the pressure and fill in as a social ability to keep up the relationship with companions and partners. What's more, he additionally thinks about that to stop smoking will be a long procedure and sets aside a great deal of effort to quit any pretense of smoking and will acquire a ton of physical distress. Mr. C is presently feeling conflicted about stopping smoking yet he needs the side effects, for example, beneficial hack and brevity of breath to leave. In this way, he despite everything believes smoking to be an agreeable hobbit and can't generally quit any pretense of smoking. Phase of progress model Phase of progress model (Transtheoretical model) is a hypothesis of conduct change which was created by Prochaska and DiClemente. It contains 5 phases of changes: precontemplation, consideration, readiness, activity and support (Australia government Department of wellbeing, 2004; Prochaska, DiClemente Norcross, 1992, p. 1103). Phase of progress model is a decent technique to evaluate the status of customers to change the added substance conduct, for example, smoking (Mallin, 2002, p. 1107). As indicated by Prochaska, DiClemente and Norcross (1992, p.1103), consideration is the phase that customers know the unfavorable impacts because of the conduct and consider to change, anyway have not resolved to build up a strategy. In this occurrence, Mr. C has some physical distress, for example, gainful hack and brevity of breath during the action. Subsequently, Mr. C went to a general specialist for the evaluation and discovered that smoking was the main driver of the indications. Mr. C began to look through the data about smoking and furthermore examined with his family. Be that as it may, Mr. C didn't make a guarantee to stop smoking. Because of these highlights, Mr. C is at the phase of thought. Another idea of the examination stage is that patient is conflicted about the favorable position and impediment of the conduct (Prochaska, DiClemente Norcross, 1992, p. 1103). The customer understands the conduct will be hurtful to the wellbeing condition yet believes the conduct to be with esteem (Australia government Department of wellbeing, 2004). For this situation, Mr. C expresses that smoking is a decent technique for him to calm the pressure and a social instrument to keep up the relationship with companions and partners. He would not like to surrender this 30 years hobbit. Be that as it may, Mr. C likewise needed to improve the manifestations. Mr. C is dithered in settling on the choice to stop smoking. Accordingly, clearly Mr. C is at the phase of examination. Various ways to deal with change smoking Inspirational meeting is an advising procedure which can help customers to expand the inspiration to change the addictive conduct (Miller, 2010, p. 247; Ridner, Cloud, Ostapchuk, Myers, Jorayeva Ling, 2014, p. 314). Customers can be investigated and their indecision could be settled about stopping smoking through persuasive talking (Lai, Cahill, Qin Tang, 2010). The four standards of persuasive meeting are articulation of compassion, create disparity, move with opposition and bolster self-adequacy (Miller, 2010, p. 248). During the persuasive talking, medical attendants can comprehend the conflicted sentiments of the customers, the challenges of changing and examine the bit of leeway and inconvenience of stopping smoking with customers. Moreover, it may upgrade the client’s want to change. Medical caretakers may utilize the intelligent tuning in, open-finished inquiries, certification and outline strategies to comprehend the clients’ position and have great corresponden ce (Miller, 2010, p. 249; New South Wales Department of Health, 2005). An exploration (Ridner, Cloud, Myers, Jorayeva Ling, 2014) discovered that after the persuasive meeting, the patients smoked less cigarettes, had a higher score of self-adequacy and lower nicotine reliance. Soria, Legido, Escolano, Lopez Yeste and Montoya (2006) brought up that inspirational talking bunch has higher achievement rate contrasted with against smoking guidance gathering. What's more, the article likewise demonstrated that inspirational meeting could assist customers with moving to the following phase of progress model. The above proof indicated that persuasive meeting is a successful brief intercession to expand the inspiration of customers to look for the wellbeing data of smoking and its treatment, and in this way, increment the ability of stopping. 5As (ask, evaluate, counsel, help and mastermind) is a concise intercession to build the inspiration of the patient with addictive conduct (DiClemente, Delahanty, Kofeldt, Dixon, Goldberg Lucksted, 2011, p. 261). The initial step is to ask the client’s smoking conduct and acquire the essential data about the customer. Furthermore, the preparation and inspiration of customers to stop smoking will be surveyed. In this progression, phases of progress model is a decent apparatus to survey the inspiration of customer. At that point, medical attendants can convey the guidance to the customers about the advantages and disadvantages of wellbeing on smoking followed by arrangement of the viable tips for customers to stop smoking. Fourthly, help the customers to build the inspiration about stopping smoking and urge patient to stop smoking. In conclusion, the medical attendants ought to

Friday, August 21, 2020

Cloning, Ethics, and What Lies Ahead :: Science GeneticsTechnology Essays

Cloning, Ethics, and What Lies Ahead â€Å"If clones duplicate off one another in school, is this considered cheating?†(Milgram 76). These kinds of inquiries are currently posed in the current day due to today’s consistently propelling innovation. As of late, humankind has made mechanical achievements in each angle. From the new super data roadway that has transformed and extended the meaning of correspondence, to the capacity of making completely indistinguishable creatures in nature, these progressions have both presented positive and negative impacts. Some inquiry the reason for these revelations while others stubbornly keep on driving towards expanding the limits of information. Biotechnology has developed to a point in time enabling humanity to make an indistinguishable animal utilizing just some lab instruments. Besides some imagine soon that researchers will have the ability to repeat a person, hereditarily indistinguishable from another, utilizing the data previously picked up from hereditary resea rch in lab creatures, yet one must ask, â€Å"What reason will this serve and by what means will it advantage mankind?†. The information that researchers have picked up in creature cloning must exclusively be utilized to additionally propel the field of wellbeing and medication for the improvement of mankind. Not the slightest bit can these discoveries be utilized to investigate the cloning of people for this represents an extraordinary danger to mankind. It is basic to initially comprehend the nuts and bolts behind cloning and what it precisely is before one can settle on any choices in regards to this dubious topic. Cloning includes imitating the hereditary material from another creature to make a truly and organically indistinguishable clone. At the point when living beings are imitated, the outcome is a hereditarily indistinguishable duplicate of the first living being. Inside the most recent decade, researchers from PPL Therapeutics had the option to clone the well known sheep, Dolly, who touched off the fire for the numerous dubious issues to follow. She was explicitly â€Å"formed by an atomic transplantation of a parental core into a benefactor egg; she acquired the DNA outside of her core from the donor’s egg†(MilGram 5). The researchers expelled all hereditary material from the egg and afterward infused the nucleic material from the giver into the egg. Subsequent to doing so effectively, they reaped this egg in the uterus of a sheep and the rest is history (Kolata 12). There are a few misinterpretations that initially should be cleared. Cloning, Ethics, and What Lies Ahead :: Science GeneticsTechnology Essays Cloning, Ethics, and What Lies Ahead â€Å"If clones duplicate off one another in school, is this considered cheating?†(Milgram 76). These kinds of inquiries are currently posed in the current day due to today’s regularly propelling innovation. Lately, humanity has made innovative discoveries in each viewpoint. From the new super data parkway that has transformed and extended the meaning of correspondence, to the capacity of making completely indistinguishable creatures in nature, these headways have both presented positive and negative impacts. Some inquiry the reason for these revelations while others unyieldingly keep on driving towards expanding the limits of information. Biotechnology has developed to a point in time enabling humanity to make an indistinguishable animal utilizing just some lab instruments. Besides some imagine soon that researchers will have the ability to recreate an individual, hereditarily indistinguishable from another, utilizing the data previously picked up from hereditary resea rch in lab creatures, however one must ask, â€Å"What reason will this serve and in what capacity will it advantage mankind?†. The information that researchers have picked up in creature cloning must exclusively be utilized to additionally propel the field of wellbeing and medication for the improvement of mankind. Not the slightest bit can these discoveries be utilized to look into the cloning of people for this represents an extraordinary danger to mankind. It is basic to initially comprehend the nuts and bolts behind cloning and what it precisely is before one can settle on any choices with respect to this dubious topic. Cloning includes duplicating the hereditary material from another creature to make a truly and organically indistinguishable clone. At the point when living beings are duplicated, the outcome is a hereditarily indistinguishable duplicate of the first living being. Inside the most recent decade, researchers from PPL Therapeutics had the option to clone the popular sheep, Dolly, who touched off the fire for the numerous questionable issues to follow. She was explicitly â€Å"formed by an atomic transplantation of a parental core into a giver egg; she acquired the DNA outside of her core from the donor’s egg†(MilGram 5). The researchers expelled all hereditary material from the egg and afterward infused the nucleic material from the giver into the egg. Subsequent to doing so effectively, they gathered this e gg in the uterus of a sheep and the rest is history (Kolata 12). There are several misinterpretations that initially should be cleared.

10+ Websites to Feature Your Startup Online

10+ Websites to Feature Your Startup Online Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!10+ Websites to Feature Your Startup OnlineUpdated On 31/07/2018Author : Pradeep KumarTopic : StartupsShort URL : http://hbb.me/2oziKel CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogA startup company or startup is a company with a limited operating history. These companies, generally newly created, are in a phase of development and research for markets (via Wikipedia).Below I mentioned some sites where you can feature your startups and develop your businesses. Of course, you should have a unique and good startup! ??#1 Mashable : Have you got a project cooking that you think is a certifiable winner? Then Mashable is the best site for featuring your startup. Basically, apps, websites, tools, software and programs that fit within one of their channels: social media, tech, entertainment, web video, mobile, etc.#2 Techcrunch : Though TechCrunch officially has no submission form, they indeed help you to feature your startups. Keep an eye on TechCrunch50 conference.#3 CrunchBase : CrunchBase The Free Tech Company Database is powered by Techcrunch (#2). Here almost 14K companies listed in this database.#4 KillerStartups : KillerStartups.com is a user driven internet startups community. Entrepreneurs, investors, and bloggers are staying informed on up-and-coming internet startups using our blog platform, where internet entrepreneurs submit their startup to see what others think about it.#5 YouNoodle : YouNoodle develops innovative ways to bring together the information, people and technology that help startups succeed. They provide a platform for so far 50 of the worlds top university entrepreneurship clubs and competitions, serving tens of thousands of members and thousands of startups. Our tools help to effectively manage business competitions, events, mailing lists and community development.#6 Vator.tv : Vator.tv has more than 35,000 members and high-tech co mpanies, using the service to effectively communicate with their partners, investors, media and customers. VatorNews is Vators video business network on entrepreneurship and innovation with 250-plus contributors.#7 Pluggd.in : pluGGd.in (Pi) is the place to see what’s going on deep inside the rice fields animal sheds these days. They showcase the upcoming technology business startups from Asia (India, China, Bangladesh, Singapore and more) who have the potential to become Google(s) Twitter(s) of tomorrow.#8 SutraJobs : It is essentially a job site catering to the digital startup niche, so can be a good place to get the team that I said before in order. On SutraJobs.com, they feature opportunities from startups and emerging companies in the field of technology, internet, gaming, mobile and other new age media. Their objective is to bring together people and companies who have a common affinity for entrepreneurship.#9 Business Hackers : The review must be written in good Engl ish, must be unique (we reject any kind of copies) and can’t be shorter than 300 words. They do not accept reviews that have been published on other sites. If you send them a copy of a text such as the “About” section of your website, the review will be rejected automatically.READ3 Effective Marketing Tips For Bloggers#10 TechBlissOnline : Details of any technology product or web startup can be submitted here. It would be great if you could offer a freeware version of your product.It would be even greater if you could offer a few free licences to our readers. The products could be any desktop or web based application like photo editors, video editors, products for Windows, Mac or linux. They could even be wordpress plugins or themes or windows desktop themes or screensavers or utilities and more.#11 Startups : Getting featured on Startups.in has been made easier. From now on, anyone interested in getting their article(s) posted on Startups.in, do not have to go through the o rdeal of sending them an email requesting to be featured on this website and then wait for an unreasonably long time until it actually gets published.#12 HotFrog : Their sites provide a comprehensive online source of information about companies and their products and services, which generate leads for their businesses. HotFrog is indexed by Google and other search engines, meaning that customers can find your HotFrog listing when they use Google, Yahoo! or other search engines. (Shared By Narendran via Comment)#13 MakeUseOf : MakeUseOf is a booming daily blog that features cool websites, computer tips, and downloads that make you more productive. The aim of MakeUseOf is to guide you through the web and tell you about hot websites that you have never heard of, best software programs, and all kinds of “how to” tips for Windows, Mac and Linux computer users.#14 the StartUp Blog : This is a awesome blog about startups and entrepreneurs. This is a place for entrepreneurs and wanna be entrepreneurs. If you got an interesting startup and successful story then you could be a lucky one to get featured on this blog.YES, HellBound Bloggers (HBB) is also ready to feature your startups here if it is an unique and good one which helps fellow people.Do you any other sites where we can feature startups? Are you willing feature one? Please share it in the comments.

Thursday, July 2, 2020

Researchers Find Mindful Meditation May Increase Test Scores

Mindful Meditation Helping Students Focus, Test Better In addition to decreasing stress and increasing focus, new research from the University of California-Santa Barbara suggests that mindful meditation may also help students increase test scores and retain information better. The act of mindful meditation is meant to steady the mind to focus on the present without any other negative feelings or anxieties coming into play and distracting from the task at hand. By doing so, individuals are able to control stress and derail negative thinking about past behavior, future decisions, and other aspects of stressful day-to-day life. Through breathing exercises and focusing on different parts of the body for extended periods of time, mindfulness meditation may assist with maintaining focus, retaining information, and even performing better in school. At Santa Barbara, â€Å"researchers found that after a group of undergraduates went through a two-week intensive mindfulness training program, their mind-wandering decreased and their working memory capacity improved. They also performed better on a reading comprehension test — a section from the Graduate Record Examination, or G.R.E.† Students spent weeks learning about and practicing, â€Å"minimizing the distracting quality of past and future concerns by reframing them as mental projections occurring in the present.† Exercises are meant to control triggers of mind wandering like worrying, and help mindfulness meditators block out distractions to focus on present tasks and information. Researchers are working with local high school students in Santa Barbara as well to see if the same techniques will help students improve SAT scores. While long term users of mindful meditation say a two week course is unlikely to create long term effects, a regular routine of meditation could help students of all levels not only perform better on tests and in the classroom, but also decrease overall stress and anxiety that can hover over a lot of young adults. As you enter finals and AP exam time, remember to keep calm and avoid stress. By maintaining your mental and physical health, you can enter the end of the year with a clear mind and strong focus that will help you perform better on your tests!

Monday, May 25, 2020

Juvenile Crimes And Juvenile Crime - 1620 Words

Juvenile Crimes Juvenile crime occurs when a person violates the criminal law under the age of majority (in most states it’s 18). The juvenile system is way different than the adult system. When a juvenile commits a crime there are legal consequences for their actions depending on what he/she did. Sometimes the system can put them in rehabilitation or a detention center. If the offense is minor, the juvenile could be released to the custody of a parent or legal guardian. In the United States if the juvenile gets arrested for a minor offense the court will usually give a (Notice to Appear). In the notice to appear will list, where the juvenile should report, as well the time and date. There are different types of sentencing alternatives to juvenile crime, when sentencing a juvenile they can be classified into two basic categories: incarceration-related options and non-incarceration options. When incarceration the juvenile can be in (1) (Detention Facility), this is where the minor has to serve a short term sentencing for the crime they committed. (2) (House Arrest), House arrest is when the minor has to stay home, with the limit to travel from school, work, and wherever the court allows them to go. (3) (Secured Juvenile Facilities) these are similar to juvenile hall except that they are intended for longer terms, sometimes months or years, also called camps. There are over 2,500 people that are serving life in prison without the possibility of parole for the crimesShow MoreRelatedJuvenile Crime And Juvenile Crimes1437 Words   |  6 Pagestoday is juvenile crime. Today the juvenile involvement in crime occurs for many different reasons in many different places. Ages still in the single digits all the way through 17 are committing illegal juvenile acts each and every day. Some of these crimes are done on purpose and with an intent and some of the crimes are done on total accident. Juveniles all over America in all different places are committing crime today and as you read this there are juveniles somewhere out committing crimes. â€Å"TheRead MoreJuvenile Crimes Of Juveniles1055 Words   |  5 Pagesof anyone who has been a victim of a major crime? I live near the nation’s capitol and our local news channel carries stories about people meeting this fate every day. The worst part is that the criminal is often under the age of eighteen. In 2016, in Washington, D.C. alone, there were 3,278 juveniles arrested for criminal activity (â€Å"Biannual Reports†). I find myself wondering if that criminal will be tried as an adult or merely spend time in juvenile detention. I wonder if the child understandsRead MoreJuvenile Crimes 1247 Words   |  5 PagesJuvenile crime is a growing problem that endangers virtually every American. Juvenile delinquency is enormously damaging to the health and well-being of the nations families and communities. A juvenile crime can consist of DUI, robbery, rape, minor in possession, weapon in possession anything an adult can be charged with. Individuals under the age of eighteen who commit these crimes can be charged as a juvenile delinquent. Statistics show that most juveniles that commit crimes are in a gang; weatherRead MoreJuvenile Crimes924 Words   |  4 PagesWhen deciding how juveniles should be treated or punished for their crimes, depends on the individual and the severity of the crime they commit. The term juvenile is classified as anyone who commits a crime that is generally between the ages of 7 and 17. There are many critics that argue different ways and ideas on how to handle juveniles and whether or not their age should affect their consequences. Some view that juveniles should be treated more for rehabilitation rather than punishing them. TheRead MoreJuvenile Crime And Juvenile Delinquency1322 Words   |  6 PagesVersion). Juvenile crime, in law, term denoting various offense committed by children or youth under the age of 18. U.S. official crime reported that in the mid-1900’s â€Å"about one-fifth of all persons arrested for crimes were under the age of 18† (Funk Wagnalls, 2014). Such acts are sometimes referred to as juvenile delinquency (Funk Wagnalls, 2014. Offering constructive programs reduces juvenile delinquency and reduces recidivism. â€Å"From the beginning, the principal consideration of the juvenile courtsRead MoreJuvenile Violent Crime And Juvenile Crime Rates1720 Words   |  7 Pagesadults, depending on the crime they committed. Punishments even included death if the juvenile was deemed to be past the point of help. Later on courts were geared more towards rehabilitation than punishment. Reform movements came along and parents could send their children off to reformatories to live and work as part of their rehabilitation. Due to poor living and working conditions many of these places were closed down. Soon after the Progressive Era, the first juvenile court system was openedRead MoreJuvenile Crime And Juvenile Delinquency1458 Words   |  6 PagesDay in and day out residents and visitors to the Boston area are affected by juvenile crime and delinquency. Though the crime rates in MA and across the nation are on a steady decline, these juvenile crimes are still considered a serious matter that needs attention. It is thought that juvenile offenders do not cope as well with the criminal justice system as well as adults may be able to and therefore there needs to be a focus on how the system can better aid in the rehabilitation of these youthfulRead MoreJuvenile Justice : Juvenile Crime1035 Words   |  5 PagesStephani Portillo Honors English 10b Branson,6 May 19,2017 Juvenile Justice As juvenile crime increases over the years due to gang activity, bullying, etc. many offenders are given a life sentence without parole. There isn t a clear boundary that marks at what age should they be treated as adults because the severity of their action always effects that. Should a 6-year-old be convicted with life in prison or should they let them go? Is a 16-year-old enough to be charged with murder like an adultRead MoreJuvenile Sentencing : Juvenile Crime Essay793 Words   |  4 Pages Juvenile Sentencing Juvenile crime has skyrocketed to an all-time high, mainly in the big cities. The major problem is kids doing crimes and not being punish severely enough due to the lack of sentencing. Today’s generation knows how to beat the system because of the sentencing guidelines. Most of the kids in Florida knew that a simple misdemeanor charge they could be released the next day. During the years from 1997-2013 the amount of kids committed to juvenile facilities has dropped fromRead MoreJuvenile Crime And Juvenile Offenders988 Words   |  4 PagesJuvenile crime is at its lowest level since 1987, falling 30% between 1994 and 1998. Therefore it is only fair to acknowledge that the criminal justice system has made tremendous strides in it’s treatment of the typical juvenile offender. For example, there was once a time when there was no separation between the treatment of both juvenile and adult offenders. Meanwhile today we have separate courts for juveniles and adults which I feel is a step in the right direction because it enforces

Tuesday, May 19, 2020

Personality and the Beast Within in The Strange Case of...

Personality and the Beast Within in The Strange Case of Dr. Jekyll and Mr. Hyde Everyone has a dual personality, two sides, good and evil. Robert Louis Stephenson uses the book to explain this, he wanted people to realise that not only Dr Jekyll carries a double personality, but the other characters in the book too. Also the people reading it must see that they too, are a part of this frightening uncontrollable fact, that there is â€Å"the beast within† us all. Stephenson suggests that all gentlemen keep secrets, suppress emotions, desires, and hide their true inner self. In the story Mr. Utterson is a great example of a gentleman (lawyer) needing to suppress his less socially acceptable side for the sake of preserving his†¦show more content†¦It was hard to accept that we are just one species among many fighting for survival. In the nineteenth century Christians believed that on the day of judgement animals and monsters would go down to hell with the damned. Newspapers printed pictures of apes standing next to human beings showing the duration of the evolution and comparing the few differences. Life had never been looked like this before, nor shared with the public. It was all very strange and frightening. In the book ‘The Strange Case of Dr. Jekyll and Mr. Hyde’, Robert Louis Stephenson writes that Hyde ‘moves like a monkey’. Hyde is compared to an animal, he is ‘ape-like’, in the introduction-under the tittle Apes and Angels-it shows that ‘Jekyll conceives of Hyde as his lower element’. Throughout this book Jekyll is evolving backwards, the mad scientist has gone too far with his experiments and releases the beast within himself. At the end of the story Hyde defeats Jekyll-his physical state and his mind. This aspect of the story is rather frightening together with the reality of the area, London. As Robert Mighall writes in the introduction†¦Ã¢â‚¬ËœStephenson betrayed a distinct physiological interest, demonstrating that the body and mind of individuals could provide horrors of their own, the site of unwelcome legacies’†¦ Robert Louis Stephenson builds up the tension in the book by usingShow MoreRelatedEssay on Dual Personalities in Dr. Jekyll and Mr. Hyde by Stevenson1313 Words   |  6 PagesDual Personalities in Dr. Jekyll and Mr. Hyde by Stevenson INTRO The Strange Case of Dr Jekyll and Mr Hyde is a classic mystery story, enticing to all audiences merely upon it’s suspense alone. When Stevenson first wrote the story (after recalling a dream he had) he had only the intentions of writing such an entertaining tale. Yet at the suggestion of his wife, he decided to revamp the mystery to comment on the dual nature of man and of society in general. I believe that Stevenson is suggestingRead MoreDr. Jekyll and Mr. Hydes, The Horror Genre Essay1742 Words   |  7 PagesHow successfully does Dr Jekyll and Mr Hyde’ use the conventions of horror genre? Author Robert Louis Stevenson wrote the novel ‘Dr Jekyll and Mr Hyde’ in 1885. It is said that the idea for the novel came to Stevenson in a dream that he had, he then wrote the book within six days. Stevenson was frequently ill throughout his childhood meaning he spent a lot of time in bed reading stories this is where his extraordinary imagination came from. He was also fascinated by the story of Deacon Read More Comparing the Impact of Darwin on Dr. Jekyll and Mr. Hyde and She1069 Words   |  5 PagesThe Impact of Darwin on Dr. Jekyll and Mr. Hyde and She Who Must Be Obeyed      Ã‚   Imagine what would happen if everything you believed to be true was suddenly challenged.   How would you feel if the solid rock bottom of your religious and cultural beliefs turned into a slippery slope of doubt?   Such was the dilemma the Victorians faced with the publication of Darwins Origin of the Species.      The questioning of mans origin in the form of evolution and survival of the fittest broughtRead MoreDr Jekyll And Mr Hyde Analysis1709 Words   |  7 Pagesevident within mankind. In his novella, the Strange Case of Dr. Jekyll and Mr. Hyde, Stevenson is able to explore his interests concerning the dark, hidden desires that all human beings are guilty of possessing. In his story, a well-respected professional by the name of Dr. Jekyll experiments with the idea of contrasting personalities and successfully undergoes a physical separation of such identities—one which would soon wreak havoc upon his very existence. As a result of his success, Edward Hyde isRead MoreEssay Double Lives in Victorian Literature1407 Words   |  6 Pagesby these â€Å"dark doubles† and the â€Å"immoral† desires of the human heart could be explored in the safety of ones sitting room. In Oscar Wildes play, â€Å"The Importance of Being Ernest,† we see a satirical prodding of the hypocrisy associated within the strict moral code of English â€Å"genteel† society. The plays protagonist, Jack, creates his own â€Å"dark double†, his supposed carefree, immoral, and decadent brother, Ernest. It is through his own creation of Ernest that Jack is able to leadRead More Strange Case of Dr. Jekyll and Mr. Hyde - The Battle Between Dr. Jekyll and Mr. Hyde1313 Words   |  6 PagesBetween Jekyll and Hyde      Ã‚  Ã‚   Throughout Western literature, writers have created characters who act as perfect foils to each other with dramatically observable differences. Each pairing has a stronger and weaker in the combination, and usually one outlives the other. In The Strange Case of Dr. Jekyll and Mr. Hyde, the pairing exists in one body, and yet the struggle is heightened because both aspects of the identity are equal in strength. Ultimately, Stevenson emphasizes it is Jekyll who holdsRead MoreA Comparison of Dr. Jekyll and Mr. Hyde and Fight Club3130 Words   |  13 Pages written by Chuck Palahniuk, and the story, dated back to the Victorian age, known as The Strange Case of Dr. Jekyll and Mr. Hyde, written by Robert Louis Stevenson. I will compare these two works by evaluating how these two authors represent the theme of dual/split personalities within a specific character found in within each of their respective stories. Each author portrays the idea of dual personalities, and as you re ad my argument, you will encounter the similarities and differences in the wayRead MoreStevensons Representation of Good and Evil in The Strange Case of Dr. Jekyll and Mr. Hyde1522 Words   |  7 PagesRepresentation of Good and Evil in The Strange Case of Dr. Jekyll and Mr. Hyde In this piece of coursework, I am asked to first of all, discuss how the novel is mainly concerned with the struggle between good and evil. Next, I will be moving on to discovering the historical, social, and cultural issues of the novel; this will discus what Stevensons literary influences were. Subsequently, I will be exploring the actual evil character oh Mr. Edward Hyde; this will include a character Read MoreThe View of Human Nature Presented in Dr. Jekyll and Mr. Hyde3064 Words   |  13 Pagespresent in the novel The strange case of Dr. Jekyll and Mr. Hyde? The strange case of Dr. Jekyll and Mr. Hyde Question: What view of human nature does Stevenson present in the novel â€Å"The strange case of Dr. Jekyll and Mr. Hyde†? Throughout Stevenson’s life he experienced things by looking at them in two different perspectives. He later went on to exhibit his experiences by writing a novel about split personality called â€Å"The strange case of Dr. Jekyll and Mr. Hyde†. This essay will commentRead MoreDr. Jekyll And Mr. Hyde2521 Words   |  11 PagesUncovering Dr. Jekyll and Mr. Hyde The Strange Case of Dr. Jekyll and Mr. Hyde was published in 1886 by Robert Louis Stevenson. The story is based on a London lawyer named Gabriel John Utterson, who investigates strange occurrences between his old friend, Dr. Henry Jekyll, and the evil Edward Hyde. This novel was composed as a shilling shocker. A shilling shocker is a short, graphic book. This whole novel is based in Victorian England. Noting the servants, differences between the rich and poor

Thursday, May 14, 2020

Essay on World Phone Hacking Scandal - 2506 Words

In March of 2002, Milly Dowler, a 13 year old student, was abducted and later murdered. From the time of the abduction until her body was found in September of that year, her family and friends had maintained hope through the fact that Milly’s voicemails were being deleted, giving them hope that Milly may have still been alive. However, in July of 2011, it was reported that it was in fact reporters from the Rupert Murdoch owned News of the World paper checking the phone messages and inadvertently deleting them. This was when the public became aware of an ongoing investigation into a scandal that had started years before. Every corporation faces ethical decisions on a daily basis, including the news media. While a news outlet may not have†¦show more content†¦Except in limited circumstances, we do not use hidden cameras; any exceptions should first be discussed with the top newsroom manager and the legal department (New York Times, 2005). By hacking into voicemails and wiretapping individuals, News of the World employees were breaking ethical standards in journalism. The decisions made by a few individuals instilled a corporate culture that eventually ended up affecting an entire industry. Rupert Murdoch is said to believe that â€Å"in the newsroom, where you do whatever it takes to get the story, take no prisoners, destroy the competition, and the end will justify the means†. That being said, most forms of information gathering practices are sent from â€Å"the top down†, meaning the person in charge of the paper tells the rest of the employees how they can or cannot get information about a story (Bernstein, 2011). Newspapers are highly competitive, and Murdoch’s empire is one of the most well-known and most lucrative media outlets. Whether Murdoch knew nothing of the hacking (as he continues to testify) or not, the chance for the large amount of financial gains and potential losses from scooping competitors can make a person pursue unethical behaviors. These individual factors played a huge role in the creation of organizational factors for which Murdoch may or may not have been aware of. Murdoch’s philosophy created a corporate culture t hat ignored industry standards in ethicalShow MoreRelatedThe News of the World Phone Hacking Scandal from Business Ethics and Csr Point of View3483 Words   |  14 PagesThe News of the World Phone Hacking Scandal from Business Ethics and CSR Point of View Date: 21 June 2012 Executive Summary The focus of the project you’re about to read is on the recently phone hacking scandal of famous UK News agency, - The News of The World. The report include a brief explanation of what has happened based on pre-selected online articles, analysis of the scandal from Business Ethics point of view by using various CSR theories discussed during the CSR course in period fourRead MoreEssay about Ethics and Gatekeeping in The Media1533 Words   |  7 PagesIn 2011, News Corp. suffered a scandal of ethical proportions when it was revealed that members of the News of the World staff, a paper owned by News Corp. were participating and engaging in illegal phone hacking in order to find stories. It was reported that close to 4000 individuals ranging from sport stars to politicians and celebrities were hacked (BBC). The scandal eventually led to the end of the paper which ceased publication on July 10th 2011. This scandal at News Corp. raises ethical issuesRead MoreContemporary Issues in Business5466 Words   |  22 PagesEvents- The Phone Hacking Scandal 3. What is management? 3.1. Management Ideologies 3.2. Humanistic versus Economistic Ideologies 3.3 Scientific Management Theories 3.4. Critical Management Studies 3.5 Managers as Actors 3.6 Managers as Discursive Subjectivies 4. Ethical Theories 4.1. Consequentialist Theories 4.2. Non Consequentialist Theories 5. Conclusion 6. Recommendations 7. References 1.Introduction This report will discuss the events that took place during the phone hacking scandalRead MoreCorporate Ethical Issues and Ensuing Influence-Case Study of Murdochs Phone Hacking Scandal2819 Words   |  12 PagesCorporate Ethical Issues and Ensuing influence-Case study of Murdochs phone hacking scandal 1. Research Background The business ethics refers to the ethics of enterprise operation. Not only for the enterprises, all organizations related to business are supposed to have ethical issues. As long as the groups of people are having business activities,there are always exist ethical issues in essence(Drucker,1981,pp66). A moral enterprise should pay attention to the human nature,avoid conflict and frictionRead MoreCode of Ethics at News Limited2994 Words   |  12 Pagesstockholders are duly and fully informed of the goings of the Company. Stockholders play an important part in corporate governance (News Corporation). Statement of Business Conduct In response to the trust the Company receives from people all over the world, News Corporation conducts business with integrity (News Corporation 2011). Chairman and CEO Rupert Murdoch stated that the Company observes general principles holding up the culture of trust. He emphasized that these standards assist them to avoidRead MoreEssay on Investigative Reporting is the Driving Force in Journalism2455 Words   |  10 Pagesthere was two major investigations that have continued to be cited as exemplars; the first was of the triangular relationship between a government minister, Profumo, a Russian secret agent and a call girl. It was extensively researched by News of the World investigative journalist Peter Earle. The second was an exclusive by Sunday Times Insight, whose reporter Ron Hall detailed the methods used by a criminal landlord, Peter Rachman, to terrorise tenants. These examples set a trend and by the late 1960sRead MoreFreedom Of Expression Is Protected By Article 10 Of T he European Convention On Human Rights1447 Words   |  6 Pagesbecame widely known as ‘The Leveson Inquiry’. The inquiry was a result of the preceding phone hacking scandals from the News of the World, into both celebrities and victims such as Mollie Dowler. The inquiry, whilst being deeply intrusive into the businesses practices and attitudes of the press, highlighted the issue of newspapers breaching phone owners’ private lives, often not public figures. The phone hacking was an offence in itself under Regulation of Investigatory Powers Act 2000 (RIPA), andRead MoreRupert Murdoch : Corporate Governance1562 Words   |  7 Pages27, 2016 â€Æ' For me, prior to the summer of 2011, The NewsCorp did not seek to operate under any type of organizational values - implied or explicit. After the hacking scandal, the News Corp began to use the slogan Fair Balanced and a mission statement Creating and distributing top-quality news, sports and entertainment around the world.† What role, if any, did organizational culture play in the demise of this organization? What can be said for leadership? According to the Columbia JournalismRead MoreThe Leveson inquiry is a public judicial inquiry into the culture practice and ethics of the700 Words   |  3 Pagesis a public judicial inquiry into the culture practice and ethics of the British press, chaired by Lord Justice Leveson. The inquiry was established by current Prime Minister David Cameron, in the wake of former tabloid News of the World’s phone-hacking scandal. A press release made public on the 14th September 2011 stated that the Leveson enquiry was to investigate the ethical practices of the press, including the working relationships that police and politicians had towards the British Press. TheRead MoreThe Information Age : How Safe Are We?1525 Words   |  7 Pagesto the internet. Body: I. (Main point one) The security of information stored on and shared on cellphones is dubious at best. A. Almost as soon as Bluetooth technology arrived someone developed a way to hack its signal and â€Å"listen in† on texts and phone calls on any Bluetooth enabled device. While this has supposedly been corrected, it was the first indication of the dangers of transmitting information wirelessly over a supposedly secure network. B. There are apps for almost anything you can think

Wednesday, May 6, 2020

The Great Depression Essay - 1234 Words

The Causes of the Great Depression The cause of the Great Depression has been debated for many years. The actual cause of the Great Depression is a multitude of factors, there was no single cause. Several reasons for the Great Depression were supply and demand, the banking system, wages of workers, success and failure of business, government policy, excessive speculation in the stock market and the unequal distribution of wealth between the rich and the middle class. While there are many theories to what caused the Great Depression; all of these factors played a role in the Great Depression. The European nations industry had been devastated during the war and they relied on the United States for most goods. The†¦show more content†¦There was still a major gap in income of the rich and middle class. The top 0.1% of Americans in 1929 had a combined income equal to the bottom 42% of Americans, while 80% of the people had no savings at all (McElvaine 38). The average income for the farmer was only $273 compared to the average national income of $750 (McElvaine 21). By 1929 the productivity of the American industry had risen 43 percent while the wages only increase 8 percent (McElvaine 39). The American worker had enjoyed the 1920s as an era that was filled with new inventions, the radio, automobile, electric irons, and refrigerators were in every home. The average American worker could not afford to buy these items, but they could if they made small weekly or monthly payments. Convincing Americans to go against traditional values was difficult, but the adver tising industry convinced them they could (McElvaine 41). The average worker in America was living in poverty, making about $24.76 a week. Most Americans did not have much money to loose when the stock market crashed; they had no savings and no investments. The people who lost the most were the wealthy investors (McElvaine 17). Speculation in the 1920’s caused many to invest money they did not have. The stock market was a â€Å"Bull Market in the 1920s, it seemed that it would never end. Hoping to get rich, people from all walks of life were buying up stocks. The boomShow MoreRelatedThe Depression Of The Great Depression1223 Words   |  5 Pagesfar-reaching consequences as the Great Depression. This experience was the most extended and severe depression of the Western world. It was an economic downturn that began in 1929 and lasted until 1939. A large amount of America’s labor force lost their jobs and suffered during this crisis. During the nation’s financial disaster, Franklin Delano Roosevelt became president and made extensive changes to America’s political structure. The effects of the Great Depression had lasting consequences that areRead MoreThe Depression Of The Great Depression1232 Words   |  5 Pagespeople think that the stock crash was to blame for the Gr eat Depression but that is not correct. Both the crash and depression were the result of problems with the economy that were still underneath society s minds. The depression affected people in a series of ways: poverty is spreading causing farm distress, unemployment, health, family stresses and unfortunately, discrimination increases. America tended to blame Hoover for the depression and all the problems. When the 1932 election came peopleRead MoreThe Great Depression Essay1390 Words   |  6 PagesIntroduction: The world had faced two main economic problems. The first one was the Great Depression in the early of 20th Century. The second was the recent international financial crisis in 2008. The United States and Europe suffered severely for a long time from the great depression. The great depression was a great step and changed completely the economic policy making and the economic thoughts. It was not only an economic situation bit it was also miserable making, made people more attentionRead MoreThe Depression Of The Great Depression2071 Words   |  9 PagesPaul Von Hindenburg appointed Adolf Hitler Chancellor on the 30th January 1933. The Depression did play a vital role in this, however other factors such as the Nazis propaganda, the resentment of the Weimar republic and the political situation of 1932-1933 also contributed to his success. Before the Great Depression, the Nazis gained 12 seats and 2.6% of the vote in the May election of 1928. Despite this, by July 1932, Hitler gained 230 seats and 37.3% of the vote in the Reichstag. This is a dramaticRead MoreThe Great Depression1292 Words   |  6 PagesBefore the crash Before the start of the great depression the United States was a country of great economic wealth, with new technology being invented and a boom in industry. Due to a boom in America’s Industry because of World War One the economy was at an all-time high with a tremendous amount of prosperity. Following the end of world war one the industrial might that America had was being used for peaceful, domestic purposes instead of being used for violence and war. New technologies like carsRead MoreThe Great Depression1731 Words   |  7 PagesThe 1920’s was a decade of discovery for America. As mentioned in â€Å"who was roaring in the twenties? —Origins of the great depression,† by Robert S. McElvaine America suffered with the great depression due to several factors but it managed to stay prosperous at the end. In â€Å"America society and culture in the 1920’s,† by David A. Shannon there was much more to the great depression. It was a time of prosperity an economic change. Women and men were discovering who they were and their value to societyRead MoreThe Great Depression1551 Words   |  6 PagesThe G reat Depression was one of the most devastating events recorded in history. The nation as a whole plummeted in one economic downfall. Few individuals escaped the effects of the depression. The hardship of unemployment and the loss of homes and farms were a large portion of the pain caused by the economic crisis. Through all of these sufferings, women had a large impact on society. Women faced heavy discrimination and social criticism during the Depression Even though through research it is provenRead MoreThe Great Depression1186 Words   |  5 Pagesfriends is the true definition of of what the Great Depression really was. It was a time that most people want to never remember or ever happen again. You would think the United States would have learned from their mistakes but it seems we are going down the same road once again without even taking a step back and realizing it. When people talk about the Great Depression not a single person will have anything good to say about it. It ca used families a great deal of pain that they will never forget. WithRead MoreThe Great Depression1368 Words   |  6 PagesAfter WW1 the Great Depression had a very late impact on the major film companies in France, when it did, it unfortunately caused several film studios to go bankrupt, then in the late 1920’s to 1930’s many small film companies and groups emerged giving birth to the tendency called poetic realism. Because the large companies who made films with a focus on making money were gone the filmmakers and artists were able to concern themselves with the art of film, they often took poetic innovations thatRead MoreGreat Depression7197 Words   |  29 PagesGreat Depression From Wikipedia, the free encyclopedia {draw:frame} Dorothea Langes Migrant Mother depicts destitute pea pickers in California, centering on Florence Owens Thompson, age 32, a mother of seven children, in Nipomo, California, March 1936. The Great Depression was a severe worldwide economic depression) in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s

Assimilation Policies, And Land Displacement - 753 Words

Colonization has forced considerable changes upon Aboriginal peoples through aggressive assimilation policies, and land displacement, where the Europeans encroached and brutally confiscated Indigenous land resulting in tragic health disparities, including the abuse of alcohol. The aim of settler colonialism was to cast out the original inhabitants from their land, eradicate their rich culture and traditions, and ultimately dispose of First Nations and Aboriginal people in order to claim the land for themselves (Doty-Sweetnam Morrisette, 2016). It is believed that current difficulties and challenges faced by Indigenous populations are rooted in the oppressive principles of the Indian Act and other government policies (Van der Woerd et al.,†¦show more content†¦Another important part of the history to understand is that First Nations people were first exposed to alcohol during the fur trade in Canada, by explorers, fur traders, and merchants, which (white, European) historians recorded as the breakdown of Aboriginal social norms and marriages, as well as a time of increased sexual assaults and food deprivation. Thus, the colonizers passed a law as part of the Indian Act in 1850 prohibiting the sale of intoxicating liquor to First Nations people (Mushquash et al., 2014; Van der Woerd et al., 2010). Reportedly, this prohibition did not prevent the intake of liquor, but instead changed how substances were used, as First Nations people could not drink in public or even in their homes, they would drink in alleys or bushes and drink quickly to avoid arrest (Van der Woerd et al., 2010). This is only one of numerous examples of the colonizers placing restrictions and limitations upon Aboriginal peoples, in an attempt to control and dominate them. As stated by Firestone and colleagues (2015): â€Å"in Canada, cycles of family disruption, abuse, colonization, dislocation from traditional lands and outlawing of spiritual practices among Aboriginal peoples have led to many health and social inequities† (p. 375). For those individuals growing up in a householdShow MoreRelatedWomen s Rights Of Aboriginal Women1204 Words   |  5 Pagesown children and effectively making them property of their husbands and fathers (cite) The government’s introduction of reserve land, in regards to status and non-status Indians and who could reside there drastically affected Aboriginal women with disastrous results. A direct result of colonial policy was the forcible displacement of Aboriginal women off reserve land. By altering the traditional matrilineal descent, kinship systems, and post marital residency patterns, which had been practiced andRead MoreThe Path To The Milky Way Leads Through Los Angeles By Joy Hargars Poem Analysis1882 Words   |  8 Pagesfind a way to submerge themselves into a culture that had been forced upon them. In this poem Harjo an Okmulgee Native has trouble when adjusting to the city of Los Angeles; all while still trying to hold on to her Native American heritage. This displacement of culture is what constitutes the separation between a person and their culture. Removing the art and other manifestation from a group that know nothing other than their own teachings will only cause what we see as pre-existing; which is the whitewashingRead MoreIndigenous Australia And The Policies Imposed Upon Them1833 Words   |  8 Pagesresisted the non-Indigenous occupation of Australia and the policies imposed upon them? The ways in which Indigenous Australian peoples resisted the non-Indigenous of Australia were seen evident through the policies and practices imposed upon them. Such policies and practices were potentially seen as a common justification for Aboriginal peoples as it was viewed as â€Å"for their own good†. These policies include protection and segregation, assimilation, self-determination and reconciliation that occurredRead MoreThe Issue Of The Canadian Legal System Essay1939 Words   |  8 Pagescontainment, displacement, and assimilation of Aboriginal peoples in Eastern dominating Canadian society. I will also discuss and analyze the devastating situations of Aboriginal women, which emerged with the sexual colonialization of Aboriginal peoples sanctioned by the Canadian government and justice system. I will do this by providing historical and statistical evidence from scholarly sources regarding the impacts of colonization on Aboriginal peoples in Canada. The origins of displacement, containmentRead MoreThe Colonization Of Kenya Under British Rule And Its Outcomes That Made The Country Worse2541 Words   |  11 Pagescolonize the North Americas to establish new settlements, but disregard the native populations and resulted in loss of sovereignty. Similarly, Africa was colonized by major European powers in the 19th century, from the 1870 s to the 1900 s. Africa was a land that had plenty of resources, such as ivory and rubber. This demand for resources gave Europe another reason to come to Africa, so they could feed their new factories with materials. Lastly, political factors such as prestige and power began to emergeRead MoreHuman Rights Within The World1313 Words   |  6 Pagessuch as human rights are dated back to violent history. Nazi Germany arguably sparked an interest in human rights as their â€Å"good triumphed through the acts of a selfless few or out of the depths of evil†. Human rights refer to the laws, acts and policies initiated in order to protect vulnerable, oppressed people in the world and allow them to possibly thrive in this world. Although women, sexual minorities, and racialized minorities all play a significant role in the development of human rights—racializedRead More Caryl Phillips The Nature of Blood Essay3229 Words   |  13 PagesThe Nature of Blood On its most immediate level, Caryl Phillips’ The Nature of Blood narrates several stories of the Jewish Diaspora, using the familiar Shakespearean character Othello to provide a counterpoint to the others’ experiences of displacement. The Nature of Blood thus initially seems to fit awkwardly among texts by other West Indian authors who use the Caribbean as the setting of their work or incorporate West Indian characters into their work. 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The Gross Domestic Product

Questions: (1). Table : GDP Data for Countries A and B Country A $billions Country B $billions Household Consumption 150 150 Government Purchases 250 250 Transfer payments 50 60 Total Gross Fixed Capital Expenditures 50 150 Change in Inventories 50 -50 Exports 40 40 Imports 20 20 Consider the data in table 1 for two countries: A and B. a. a. Calculate the GDP for both countries. b. Discuss the usefulness of these data in deciding which, if any, of these two countries is likely to be experiencing an economic recession. 2. Obtain Australia's real GDP and CPI data from 1980 to 2015. Calculate the annual growth rates of real GDP and inflation and graph both series together. Is/are there some interesting or salient relationship(s) between those two series? Provide and discuss plausible economic explanation(s), including change in economic events and change in government policy, for the relationship(s) you identified. 3. Obtain Australia's real GDP and unemployment data from 1980 to 2015. Calculate the growth rates of real GDP and unemployment and graph both series together. Is/are there some interesting or salient relationship(s) between those two series? Provide and discuss plausible economic explanation(s), including change in economic events and change in government policy, for the relationship(s) you identified. Answers: (1). Table 1: Data for country A and B Country A ( Billion $) Country B ( Billion $) Household Consumption 150 150 Government Purchases 250 250 Transfer Payments 50 60 Total Gross Fixed Capital Expenditures 50 150 Change in Inventories 50 -50 Exports 40 40 Imports 20 20 a. The Gross Domestic Product is the primary indicator that measure well being or strength of the economy in terms of total production. It is a measure of aggregate final goods and services produced in a country for final consumption. Investment; Government expenditure; consumption and trade balance are the components of Gross Domestic product. Among the above components, transfer payment will not be considered while calculating the Gross Domestic Product. The one-way transfers of money that involves no exchange of goods and services; do not create any value to the nations production. The gross fixed capital expenditure is the component of investment. However, the inventory is the difference between production and actual sales. When the gap is positive, it implies investment has been made for inventory. Hence, changes in inventories are considered as an element of the investment. GDP = Government Expenditure (G) + Investment (I) + Consumption (C) + [Export (X) Import (M)]. GDP for Country A = Government Purchases + Inventories + Total Gross Fixed Capital Expenditure + Household Consumption + (Export Import) GDPA= 250 + 50 + 50 + 150 + (40-20)] Billion Dollars GDPA= 520 Billion Dollars GDP for Country B = Government Purchases + Inventories + Total Gross Fixed Capital Expenditure + Household Consumption + (Export Import) GDPB= 250 - 50 + 150 + 150 + (40-20)] Billion Dollars GDPB= 520 Billion Dollars b. From the given data in Table 1, it has been found that the GDP of these two countries are same. By observing the data, it can be said that the values of each components, except investment variables, are same. Since the GDP value is same for both countries, it is not possible to distinguish the future growth of the country. It cannot be said which countrys condition is better and whose not. However, the components of investment are different in both the countries. Hence, by comparing these two, the scenario of each country can be analyzed. Gross Fixed Capital Expenditure includes the changes in net physical assets. It excludes exchange of lands but takes into account, the improved land whose value has been augmented. When the fixed capital expenditure increases, it implies that the country is investing more in fixed capital expenditure as it is sufficient to do so. In the given case, the gross fixed capital expenditure is more in country B than A. Hence, economic condition is bette r in B. Again when the inventory is increasing, it implies that produced goods are not sold. This also indicates lack of demand and supplier will reduce its production. As the production falls due to lack of demand, it signifies possibility of recession in that nation. In the given case, the inventory is accumulating country A and clearing in B. therefore, it can be said that country B is in better position. Combining the scenario, it can be said that country A is expected to face recessionary phase in the near future. (2). Australias Real GDP at constant 2005 US Dollar has been collected for the period of 1980 to 2015. From this data, real GDP can be calculated in the following way. Growth Rate of Real GDP = 100 The Real GDP and calculated real GDP Growth Rate of Australia are given in the following table. Table 2: Real GDP and Growth Rate Year Real GDP (Constant 2005 $US) Real GDP Growth Rate 1980 305,649,174,623 - 1981 315,913,311,664 3.36 1982 326,405,727,600 3.32 1983 319,124,920,882 -2.23 1984 333,891,256,176 4.63 1985 351,418,812,598 5.25 1986 365,832,353,236 4.10 1987 375,250,680,515 2.57 1988 396,899,035,562 5.77 1989 412,293,558,478 3.88 1990 426,843,954,277 3.53 1991 425,222,444,977 -0.38 1992 426,919,112,438 0.40 1993 444,252,603,756 4.06 1994 462,191,286,542 4.04 1995 480,119,873,455 3.88 1996 499,080,482,890 3.95 1997 518,780,895,427 3.95 1998 541,805,654,425 4.44 1999 568,934,385,594 5.01 2000 590,944,509,406 3.87 2001 602,346,114,749 1.93 2002 625,576,717,369 3.86 2003 644,786,919,208 3.07 2004 671,541,542,213 4.15 2005 693,075,477,372 3.21 2006 713,749,019,841 2.98 2007 740,569,266,017 3.76 2008 768,019,943,343 3.71 2009 781,995,435,291 1.82 2010 797,777,527,534 2.02 2011 816,761,133,123 2.38 2012 846,431,780,635 3.63 2013 867,085,131,359 2.44 2014 888,760,969,615 2.50 The growth rate of this country changed over the period. In 1983 and 1991, there was a fall in the value of real GDP and hence growth rate has negative value. In spite of having positive rate of growth, the rate was considerably lower in the period of 1992; 2001 and 2009. The slow rate of growth takes place because of the recessionary phase of the country. Australias Consumer Price Index has been collected for the period of 1980 to 2015. From this data, the inflation rate of the country can be calculated in the following way. Rate of Inflation= 100 The Consumer Price Index and calculated inflation rate of Australia are given in the following table. Table 3: CPI and Inflation Year CPI (Base Year: 2012) Inflation Rate 1980 25.4 - 1981 27.8 9.45 1982 30.8 10.79 1983 34.3 11.36 1984 36.3 5.83 1985 37.9 4.41 1986 41.4 9.23 1987 45.3 9.42 1988 48.4 6.84 1989 51.7 6.82 1990 56.2 8.70 1991 58.9 4.80 1992 59.9 1.70 1993 60.6 1.17 1994 61.5 1.49 1995 63.8 3.74 1996 66.2 3.76 1997 67.1 1.36 1998 67 -0.15 1999 67.8 1.19 2000 69.7 2.80 2001 73.9 6.03 2002 76.1 2.98 2003 78.6 3.29 2004 80.2 2.04 2005 82.1 2.37 2006 84.5 2.92 2007 86.6 2.49 2008 90.3 4.27 2009 92.5 2.44 2010 95.2 2.92 2011 98.3 3.26 2012 99.9 1.63 2013 102.4 2.50 2014 105.4 2.93 The rate of inflation in Australia was terrifically higher during the early 1980s, which was amounted to more than 10%. However, in the following year the inflation rate has been jumped down to below 6% and even below 5% in 1984- 85. In early 1980s, this country was deregulated and liberalized. However, the rate showed a decline, mounted up in 1986- 87 and 1990. The rate has again dropped in the 1991 and from 1992 to 1994, the inflation remained below 2%. During 1997 to 1999, this country again experienced rate of inflation below 2%. During 1998, the country faced negative rate of inflation, which termed as deflation. However, it overcame this scenario and this rate went above 6% in 2001. However, it must be noted that the inflation rate has repeatedly fallen in the following periods and only become higher than 4% in the period of global financial crisis, but never went back to the higher level of the initial period, since then. In the recent period, the country has been experiencing moderate rate of inflation. By looking into the changes in the growth rate of Australia and changes in the rate of inflation over the years, relationship between these two can be identified. The movement of these two indicators has been represented in the following Figure 1. Figure 1: Trends in Growth Rate and Trends in Inflation Rate The trend in growth rate is downward sloping and inflation rate trend is also upward sloping Therefore, the movement of these indicators is in the same direction. As the inflation rate of the country has fallen, the growth rate of the economy has also decreased. However, the fall in the growth rate is not so significant as it is almost horizontal in nature. The economic intuition behind this is that, the countrys GDP is falling de to low price level. As the producers are not getting much value for their goods and services, they are less likely to produce more. As a result of this, the aggregate production of the country has been falling over the years. However, slope of the trend cannot determine the relationship between these two indicators of the economy. For that, correlation analysis is necessary. Table 4: Correlation Analysis Real GDP Growth Rate Inflation Real GDP Growth Rate 1 Inflation -0.237306 1 From the above Table 4, it can be seen that the relationship between rate of inflation and rate of growth is negatively correlated. This indicates that as inflation rate falls the growth rate of the country tends to increase and vice-versa. Therefore, inflation hampers the growth of the economy. However, the magnitude is not so significant, which indicates that the relationship is not so significant. The inflation rate of Australia has been kept lower by the Reserve Bank of Australia. RBAs targeted inflation rate is 2 to 3 percent. Since, the statistical data indicates inverse relationship of between these two variables; the government tries to keep inflation at a lower rate in order to improve the growth rate of the country. The government of this country adopts supply side policy like, reducing the minimum wage, reduction in the import tariff etc. These measures will reduce the cost of production and supplier will be able to charge fewer prices for the products. This will reduce the price level and thus increasing the aggregate demand of the economy. Demand side policies like tax cut; increase in government spending can lead to fall in the rate of inflation and increased in the aggregate demand, which will in turn, will increase the growth rate of the production, i.e., growth rate of the GDP. In addition to this the RBAs rise in the interest rate has kept the rate of inflation lower as the availability of cash is less now and less demand is to be generated, which in turn reduces the price level of the economy. (3). Australias unemployment rate has been collected for the period of 1980 to 2015. This rate is calculated in the following manner: Unemployment Rate = 100 The unemployment rate and the Real GDP Growth Rate of Australia has been represented in the following table. Table 5: Unemployment Rate and Growth Rate Year Unemployment Rate Real GDP Growth Rate 1980 6.21 - 1981 6.04 3.36 1982 6.66 3.32 1983 10.42 -2.23 1984 9.72 4.63 1985 9.18 5.25 1986 8.45 4.10 1987 8.97 2.57 1988 8.02 5.77 1989 6.67 3.88 1990 6.51 3.53 1991 9.59 -0.38 1992 10.90 0.40 1993 11.28 4.06 1994 10.78 4.04 1995 9.01 3.88 1996 8.80 3.95 1997 8.98 3.95 1998 8.22 4.44 1999 7.35 5.01 2000 6.88 3.87 2001 6.77 1.93 2002 6.74 3.86 2003 6.43 3.07 2004 5.71 4.15 2005 5.44 3.21 2006 5.12 2.98 2007 4.71 3.76 2008 4.30 3.71 2009 6.04 1.82 2010 5.75 2.02 2011 5.23 2.38 2012 5.50 3.63 2013 5.96 2.44 2014 6.23 2.50 2015 6.47 - It can be noticed that unemployment rate of this country was significantly higher in the period of 1983 to 1987. In 1988, this rate was more than 8%, however, since then the rate of unemployment has fallen till 1990. The unemployment rate of this country became severe once more during the periods of 1991 to 1998. In this phase, the rates were sometimes more than 10% and sometimes more than 8 to 9%. The unemployment rate was below 7% since 2000 and fallen below 5% only in the period of 2007 and 2008. However, the unemployment rate has augmented and the rate was never lower than 5% or 6% since then. Figure 2 From trend of growth rate of GDP is downward sloping and the unemployment trend of this country is downward sloping. This indicates a positive relationship between these two indicators. Since the trend of growth rate is flatter, this indicates that there is no significant change in the growth rate of the country. As GDP growth rate falls, the unemployment rate tends to fall. Hence, it is fascinating that as economy is growing less, the unemployment rate is also falling. This happens mostly when the labor market is flexible and the wage rate is flexible. Moreover, when the production declines, the companies do not lay off their number of workers engaged. In fact, they cut their cost by reducing the number of working hours of the labors (Shimer 2012). Due to labor market flexibility, the wages of labors are also flexible in nature. Therefore, the firm shrinks the wage instead of the numbers of workers already involved in the production process. Hence, the unemployment rate is not incre ased. An additional reason that causes decline of growth rate without rise in the unemployment rate is that, low productivity of the labors. Therefore, due to the low productivity of the labor, growth rate has decreased in Australia. The law of diminishing marginal returns can also explain the fall in productivity. As more labors are employed in the production process, the additional gain in output initially increases but eventually it tends to fall (Levine 2012). As in Australia, the growth rate has attained its level of saturation; thus, additional engagement of labors does not contribute much to the output. Therefore, there was a decline the level of production. As, more workers are associated in the production process; the employment of Australia has not gone down. The over-engagement of the workers caused decrease in the productivity of Australia, which in turn led to decrease in the growth rate of Australia, keeping employment unaffected. However, slope of the trend cannot det ermine the relationship between these two indicators of the economy. For that, correlation analysis is necessary. Table 6: Correlation Analysis Real GDP Growth Rate Unemployment Rate Real GDP Growth Rate 1 Unemployment Rate -0.13471 1 From the above Table 5, it can be seen that the relationship between rate of unemployment and rate of growth is negatively correlated, indicated by the negative value of the coefficient. This indicates that as unemployment rate falls the growth rate of the country tends to increase and vice-versa. Therefore, rise in growth rate reduces the unemployment of the economy. This supports the general economic theory that states that, as real growth rate of the economy increases, the unemployment rate tends to fall. This is because, as economy grows, demand is generated. In order to fulfill the demand the firm employs more labors to increase the production. The statistical finding is contradicting the trend analysis. However, the magnitude of the correlation coefficient is not so significant, which indicates that the relationship is not so significant. The government of Australia undertakes fiscal policies to diminish the unemployment rate. Measures like increase in government expenditure and tax cut can be used to elevate the aggregate demand. Hence, the labor demand has also increased. Hence, by expanding demand, the government improves the employment scenario of the country. Supply side instruments like creating opportunity in public sector; developing infrastructure and reducing minimum wage has been used to decline unemployment rate. In Australia, current high unemployment rate is structural in nature. The skill gap of labors has led to this kind of labor shortage, even if there is sufficient supply of labors in the economy (Janiak 2013). Therefore, the Australian government focused on providing proper education and training in order to bridge the gap between skill requirement and skill availability in the country. References Abs.gov.au.(2016).6401.0ConsumerPriceIndex,Australia,Mar2016. Databank.worldbank.org. (2016).World Development Indicators| World DataBank. Shimer, R., 2012. Reassessing the ins and outs of unemployment.Review of Economic Dynamics,15(2), pp.127-148. Janiak, A., 2013. Structural unemployment and the costs of firm entry and exit.Labour Economics,23, pp.1-19. Levine, L., 2012. Economic growth and the unemployment rate.

Tuesday, May 5, 2020

Disclosure of Goodwill Impairment †Free Samples to Students

Question: Discuss about the Disclosure of Goodwill Impairment. Answer: Introduction: AASB 136 and IAS 36 Impairment of assets assure that an organizations asset is not written in the financial statement at the value which is more than its recoverable amount. The recoverable amount for the asset is higher among the value in use and the fair value less the disposal cost. Only exception to this is some intangible assets and the goodwill. All the organizations are required to conduct the test for impairment of its assets if there is any indication that the asset will be impaired. Further, the test can be carried on for the cash generating unit where the asset does not create any cash flow which is widely independent of those of the other assets (Linnenluecke et al. 2015). An organization shall assess at end of the each accounting period that whether any indication exists there for the impairment of any asset and if any indication is there, then the recoverable amount of the asset shall be measured. Various indications for impairment of assets are as follows External sources Reduction in the market value of the asset Negative changes with regard to markets, laws, technologies or economies Increase in the interest rate of the market Higher level of net asset of the company as compared to market capitalization Internal sources Physical damage or obsolescence The asset is held for disposal or it is idle or part of the asset is restructuring Worse performance as compared to the expectation Evidence required for impairment testing of Myers asset Flow of the asset it has been recognized from the given data flow of the company that the flow for all the stores of the company is either stable or has increased and for none of the asset any reduction trend is found for the past one year period. Therefore no indication of impairment is there. Asset base from the asset base of the company is recognized that the asset base for all the assets has not altered much and all the assets are maintaining more or less the same percentage of contribution towards total assets for last few years. Therefore, no indication of impairment is there (Malone, Tarca and Wee 2015). Asset turnover looking at the asset turnover ratio of the company, it is identified that the asset turnover ratio of Myer Holdings Ltd for the last few years are moving around 1.41 to 1.76. Therefore, it can be said that no significant increase or decrease is found with regard to the asset turnover ratio of the company. Therefore, this test also cannot establish that there is any indication for impairment. Procedures required to be addressed for determination of impairment AASB 136 for Impairment of assets requires the organization to annually test the assets for impairment and Myer holding Ltd follows this requirement. However, for testing the assets for the purpose of impairment, recoverable amount is found out through usage of value-in-use discounted cash flow model. This model utilises the cash flow forecasting on the basis of the financial budget that is approved by the management and it covers the period of five years. Further, the cash flow for the period of more than five years are extrapolated through usage of the terminal growth rate. Key assumptions utilised for the mode are as follows Rate of discount (pre-tax) at14.4% Rate of terminal growth at 2.5% Gross profit margin from operation at the rate of 39.5% Thereafter the management determines the fact that whether level of the future cash flows for the carrying value of the assets for the CGU of Myer further, during the period under consideration, the review for the assets carrying value for each of the store of the company is undertaken and identified whether indication of any impairment is exists. Where there is any indication, the assets recoverable amount was measured through discounted cash flow model. Major assumption for the model is consistent with the above mentioned assumptions. However, no impairment indication is recognized at Myer stores for the year ending 2016 of the companys operation. Information required for determination of impairment Other key information required for determining the impairment for Myer Holdings Ltd is as follows If the indication is there regarding an asset that it can be impaired, then the recoverable amount for the asset or for the assets cash generating unit shall be determined (Kabir, Rahman and Su 2017) The CGU or the asset is impaired on the condition that the carrying value of the asset is more than the recoverable value The recoverable value of intangible asset or goodwill with the indefinite useful life or the intangible assets those are not ready to be used on the date of report, are required to be valued at least per year basis, irrespective of the fact that there exists any indication of impairment or not. For the purpose of measurement, the recoverable value is stated as higher among the value in use and fair value less the selling cost (Bond, Govendir and Wells 2016) The amount of loss from impairment is identified as expense under the profit and loss account and is carried out at cost. Further, if the impacted asset is already a revalued asset under the permission of IAS 16 PPE (IAS 16) and the intangible asset (IAS 38) and impairment if any is 1st recorded against the revaluation recognized previously recognized as gains and then as the comprehensive income to the other assets. Wide disclosures are required for the rest of impairment and recognition of impairment loss (Guthrie and Pang 2013) Impairment loss that is recognized in the previous period for the goodwill or any asset must be reversed if any alteration is there with regard to the estimates that were used for determining the recoverable amount of the asset. Availability of flexibility from the management for determination of impairment It is recognized that the management of Myer Holdings Ltd is quite flexible in carrying out the tests for determining the impairment with regard to the asset. As per the requirement of AASB 136, they assure to carry out the test for impairment at least one in each year (Zhuang 2016). Further, the management determines various facts like determination of the fact that whether level of the future cash flows for the carrying value of the assets for the CGU of Myer. Moreover, the management carries out review for the assets carrying value for each of the store of the company is undertaken and identified whether indication of any impairment is exists. Where there is any indication, the assets recoverable amount was measured through discounted cash flow model. Major assumption for the model is consistent with the above mentioned assumptions (Bond, Govendir and Wells 2016). Further, the management of the company determines the recoverable value of the cash generating unit on the basis of VI U approach. Therefore, taking into consideration all these facts, it can be said that the management of Myer Holdings Ltd take active part and comply with all the requirements of AASB 136 for carrying out the procedures for impairment test and determination of impairment. Reference Bond, D., Govendir, B. and Wells, P., 2016. An evaluation of asset impairments by Australian firms and whether they were impacted by AASB 136.Accounting Finance,56(1), pp.259-288. Bond, D., Govendir, B. and Wells, P., 2016. An evaluation of asset impairment decisions by Australian firms and whether this was impacted by AASB 136. Guthrie, J. and Pang, T.T., 2013. Disclosure of Goodwill Impairment under AASB 136 from 20052010.Australian Accounting Review,23(3), pp.216-231. Kabir, H. and Rahman, A., 2016. The role of corporate governance in accounting discretion under IFRS: Goodwill impairment in Australia.Journal of Contemporary Accounting Economics,12(3), pp.290-308. Kabir, H., Rahman, A.R. and Su, L., 2017. The Association between Goodwill Impairment Loss and Goodwill Impairment Test-Related Disclosures in Australia. Linnenluecke, M.K., Birt, J., Lyon, J. and Sidhu, B.K., 2015. Planetary boundaries: implications for asset impairment.Accounting Finance,55(4), pp.911-929. Malone, L., Tarca, A. and Wee, M., 2015. Non-GAAP earnings disclosures and IFRS.Accounting and Finance. Zhuang, Z., 2016. Discussion of An evaluation of asset impairments by Australian firms and whether they were impacted by AASB 136.Accounting Finance,56(1), pp.289-294.