Tuesday, May 26, 2020
Thailand Is A Country Of Southeast Asia Essay - 1720 Words
Thailand is a country in Southeast Asia, where it is a homeland of over 65 million Thai people in 2015 (Boonrach, 2015). Considering the languages are using in Thailand, currently, there is not only a Thai language standing on the stage of all communities but also other languages other than Thai are standing beside it in local settings. Unexpectedly, there are over 80 languages are spoken in Thailand, but there is only one official spoken and written language due to the domination of Thai (Smalley, 1994; Rappa Wee, 2006; Darasawang Todd 2012). That is, Central Thai is the only one accepted language to stand at a national level, and the majority of Thai people are using Central Thai as an official language in various activities. In general, Thai people are using Central Thai to communicate across the nation in many situations such as socialising, marketing, broadcasting, teaching and learning and etc. This of course entails the idea that the Central Thai plays a role in language com munication and education in Thai contexts, but it is nevertheless not a monolingual language plays such a role in an educational setting. Therefore, there is a room for English language in the education system in Thailand. A part from a national language of Thailand, understanding about the first foreign language of the nation is also crucial to rise the point on order to be fully acquainted with a language education in the context of the study. It is certainly understandable that English isShow MoreRelatedThe Spread and Localization of Buddhism and Islam into Southeast Asia1659 Words à |à 7 Pagesof religion first began through contact with neighbouring countries which gradually expand throughout the years. Buddhism and Islam are one of the most widespread religions across Southeast Asian countries like Burma, Cambodia, Indonesia, Laos, Malaysia, Thailand and Vietnam. Trade merchants and imperial support of the religion were major factors in the facilitation and localization of the spread of Buddhism and Islam within Southeast Asia. However, there were also limitations presented which hinderedRead MoreChild Sex Trafficking in Southeast Asia Essay examples1414 Words à |à 6 PagesChild Sex Traffic king in Southeast Asia The world today faces many problems that are being combated by many organizations, yet there are broad ranges of challenges that are waiting to be fixed up but the efforts are not producing great results. One such problem human trafficking has been affecting many lives through years but through recent decades human trafficking both sexually and labor exploitation have risen drastically. Especially, in Southeast Asia, where child sex trafficking is a constantRead MoreWhat Is The Association Of South East Asian Nations?1646 Words à |à 7 Pagesorganization is a foundation and catalyst to strengthen the relationship between regional countries and reinforce solidarity in facing the challenges in the political, security and international economy arena (Keling, Md.Som, Saludin, Shuib, Ajis, 2011). As Asia becoming an economic fastest growing markets (Vinayak HV, 2014), the so called economyââ¬â¢s Goliath China is extremely high beyond its neighboring countries. Thus, ASEAN was e stablished with the signing of ASEAN Declaration (Bangkok Declaration)Read MoreSoutheast Asian Identity1663 Words à |à 7 Pageswithout an identityâ⬠. Discuss this statement with reference to at least 3 examples.à Making a check with Oxford Dictionary; Southeast Asia is defined as the part of south-eastern Asia that includes the countries of Cambodia, Indonesia, Laos, Malaysia, Burma (Myanmar), the Philippines, Singapore, Thailand, and Vietnam. A ââ¬Å"regionâ⬠refers to an area, especially part of a country or the world having definable characteristics but not always fixed boundaries, and an ââ¬Å"identityâ⬠refers to a close similarityRead MoreOverview Of Thailand Petroleum Industry Essay1366 Words à |à 6 PagesOverview of Thailand Petroleum Industry The ten countries in Southeast Asia established the Association of Southeast Asian Nations (ASEAN) is straining an increasingly significant effect to world energy trends. Based on the report of the International Energy Agency (IEA) broadcasted by the Southeast Asia Energy Outlook Re-port (2015), the natural resources of Southeast Asia is abundant precisely fossil fuel resources in-cluding petroleum, gas, and coal and the significant countries that possessRead MoreAsean Essay750 Words à |à 3 Pagesof the ASEAN ASEAN (Association of Southeast Asian Nations), the most successful intergovernmental organization in the developing world today. It was preceded by an organization called the Association of Southeast Asia (ASA), which is founded by the Philippines, Thailand and the Federation of Malaya (now part of Malaysia) on July 31, 1961.ASA was replaced by ASEAN later on. According ASEANââ¬â¢s report, ASEAN was established on 8 August 1967 in Bangkok, Thailand, with the signing of the ASEAN DeclarationRead MoreOpportunity And Challenges For The Association Of Southeast Asia Nation Essay1483 Words à |à 6 Pageschallenges for the association of Southeast Asia Nation (ASEAN) to promote trade and economic integration in the region. In this report we attempted to study the involvement factors towards the achievement of ASEAN, include economic, political and some other factors contributing to the success of ASEAN. The study structure of this report starts with the background history of ASEAN countries that what the reason is behind to make ASEAN countries group. What is the benefits for Asia Pacific. What is the aimsRead MoreBy The 1980S And Into Most Of The 1990S, The Asian Marketplace1713 Words à |à 7 Pagesmost Asian countries began to increase. Stable governments were luring foreign investors, with the promise of high returns, and currencies that were tightly pinned to the US dollar that began throwing money into the ASEAN-5 (Indonesia, Malaysia, the Philippines, Singapore, and Thailand). Excitement in foreign investment greatly helps those foreign economies which intern helps the world economy as a whole. However, the extend and speed at which money was being invested into these countries during theRead MoreLaos1480 Words à |à 6 PagesLaos Laos, officially the Lao Peoples Democratic Republic, is a landlocked country in Southeast Asia, bordered by Burma and the Peoples Republic of China to the northwest, Vietnam to the east, Cambodia to the south, and Thailand to the west.à Capital:à Vientiane Currency:à Lao kip Population:à 6.77 million (2013)à Government:à Communist state, Socialist state Official language:à Lao ------------------------------------------------- Etymology ------------------------------------------------- Read MoreCountry Background:. Thailand . Thailand Is In The Southeastern1028 Words à |à 5 PagesCountry Background: Thailand Thailand is in the Southeastern region of Asia surrounded by the Gulf of Thailand, Andaman Sea, and South China Sea. Sharing borders with Myanmar, Laos, Cambodia, and Malaysia. (1) Thailand is approximately three times the size of Florida, and more than two times the size of Wyoming. (1) The countries government is based on a constitutional monarchy, with military affiliation. (1) Thailand possesses the 2nd largest economy in Southeast Asia after Indonesia; GDP for 2015
Friday, May 15, 2020
The Jazz Age Of The 1920 S - 1272 Words
When people hear the 1920ââ¬â¢s, many automatically think about the ââ¬Å"Jazz Age.â⬠They think about jazz music, movies, and new dances, but what people don t realize, is that the 1920ââ¬â¢s was not always the non-stop party and drinking days for everyone. Many families and individuals faced the struggles of abject poverty and working conditions, the fear of the Ku Klux Klan, and women wanting women s rights and individualism. The author of my novel had to experience some of these struggles first hand. Born in Shtetl, Russian Poland, Anzia Yezierska immigrated to America in 1890 at eight years old with her poor family consisting of eight siblings and parents. She grew up in New York s lower east side under her Talmudic Scholar of a father rules. At age 17 she left home without her father s permission to become her own person. She went on to get an education and go to a university while working in sweatshops and laundries. (Bread Givers, Introduction) She wrote the book bread givers to let her audience know the severity of the working and living conditions, as well as how women were treated wrongfully in the 1920ââ¬â¢s. The working conditions were awful for people to work in. People had to work long hour days in a hot, unhealthy environment that could potentially get them sick. On an average day, a worker worked at least ten hour days and six days a week. (Banner, 1) Every year in the 1920ââ¬â¢s about 25,000 workers were killed on the job and 100,000 permanently disabled. (Zinn, 383) EvenShow MoreRelatedThe Jazz Age was one of the many highlights of the 1920ââ¬â¢s before the stock market crash that1300 Words à |à 6 PagesThe Jazz Age was one of the many highlights of the 1920ââ¬â¢s before the stock market crash that triggered the start of the Great Depression in 1929. Because of the distress that the American soldiers faced during World War 1, many of them returned questioning the true meaning of life. Their solution was to recklessly enjoy their lives since you only live once. A completely new culture bloomed during the decade through itââ¬â¢s new music, crazy dancing and brand new atmosphere. While the country seemed toRead MoreMusic During The 1920 S1609 Words à |à 7 PagesMusic in the 1920ââ¬â¢s The Jazz Age was a cultural movement that took place in America during the 1920 s (also known as the Roaring Twenties) from which both jazz music and dance emerged. This movement matched with both the equally phenomenal introduction of mainstream radio and the conclusion of World War I. The 1920s was the decade that marked the beginning of the modern music era. Some of the popular music genres were Jazz, Dance Bands, Blues, and Broadway. The decade marked the beginning ofRead MoreRoaring Twenties in American Society After World War I. Essay645 Words à |à 3 Pages After World War I, American society changed greatly. A new era, the Roaring Twenties, found its way in America along with the arrival of the flappers (Roaring). Americans were introduced to new fashion styles, the prohibition and the Jazz Age (Fashion, Jazz). Controversy proved to be very prominent with the Scopes Trial (Scopes). As the war came to a close, the Roaring Twenties made its way into America. This time period brought many changes that were new to Americans. Fashion changed fromRead MoreJazz During the 1920s1147 Words à |à 5 PagesJazz During the 1920s The 1920ââ¬â¢s was a time of innovation, creativity, and recklessness, causing a need for a new style of music. Jazz was fast-paced, upbeat, and very adaptive and it would go hand-in-hand with hedonistic lifestyle, truly giving the 20ââ¬â¢s the title of The Jazz Age. Jazz is a style of music composed of various instruments. Originating in New Orleans, Louisiana it is believed that jazz rose up from the traditional African American style of dance music. As Jazz progressed itRead MoreTaking a Look at the Jazz Age1600 Words à |à 6 PagesAmerica is rejoicing. The Jazz Age was a time of change and new beginnings for Americans. During the Jazz Age, the United States erupted in new musical and cultural changes. These changes can be seen through the shift in literature, from conservative to contemporary writings, by literary giants like F. Scott Fitzgerald and Bessie Smith. The Jazz Age was known as the Roaring Twenties, and is still popular today due to its infamous jazz music, flappers, and prohibition. The Jazz Age was an exciting, andRead MoreThe Influence of the Jazz Age911 Words à |à 4 PagesThe Influence Of The Jazz Age Was it the music that made everyone rebel or was it the beautiful arrogant people. In the 1920ââ¬â¢s was it an age of miracles and change or just disaster. Such as, new technology, better things, love and leisure. Music just filled peopleââ¬â¢s spirits with lust and want. The radio/music had brought many people together like nothing ever before. Jazz music became popular everyone loved it. It made you want to do anything you wouldnââ¬â¢t normally do. Jazz became extremely popularRead MoreJazz Music Essay1145 Words à |à 5 Pages The Jazz Age is notably one of the most famous periods in the history of the United States. It was a span in the 1920s between the end of World War I and the beginning of the great Depression. The Jazz Age, otherwise known as the Roaring 20ââ¬â¢s or the Flapper Era, is characterized by creativeness and a lively, strong rhythm. The Jazz Age is most well-known for its musical style, dances, modern ideas, extravagant ways of living, fashion, and new inventions. The Roaring 20ââ¬â¢s is a very important eraRead MoreThe Jazz Age Essay1472 Words à |à 6 PagesThe era of the Roaring Twenties, was a time of great societal change. Many of these changes were greatly influenced by jazz music. During this time, the country was coming out of World War I and the attitude of most people was dark and dismal. Dance and music clubs became tremendously popular in an effort to improve the quality of life for many people. After experiencing the death and destruction caused by World War I, young men and women were ready for a change. They wanted to forget aboutRead MoreEssay about Roaring Twenties772 Words à |à 4 PagesRoaring Twenties The decade of 1920-1929 was a time of great change, reform, improvement, adjustment and alteration of everything Americans had come to rely on. In other words everything changed. Not one part of common life was unaffected. Exciting new events happened in sports, entertainment, science, politics, communication and transportation. It was the age of prohibition, it was the age of prosperity, and it was the age of downfall. The twenties were the age of everything. It has been calledRead MoreIntroduction Of Bespoke Tailoring : Exhibition Review998 Words à |à 4 Pagesââ¬â Exhibition Review The 1920ââ¬â¢s is known world over for its glamour, glitz and fashion. Flapper dresses were in their height of style which accompanied the new-found jazz music of the era, this was very evident in the city of London at the time. To celebrate this exciting era the Fashion and Textiles Museum has an exhibition called ââ¬Ë1920s JAZZ AGE Fashion Textilesââ¬â¢ (Fashion Textiles Museum (2016) Available at: http://www.ftmlondon.org/ftm-exhibitions/1920s-jazz-age-fashion-photographs/ (25/10/2016)
Wednesday, May 6, 2020
George Chauncey, Why Marriage - 1245 Words
George Chauncey, Why Marriage?: The History Shaping Today s Debate over Gay Equality, 2004 Nisha Chittal, Judges Chip Away at Florida Gay Marriage Ban, msnbc.com, July 26, 2014 Jeffrey M. Jones, Same-Sex Marriage Support Solidifies Above 50% in U.S., Gallup.com, May 13, 2013 Stonewall Rebellion, www.nytimes.com, Apr. 10, 2009 Goldberg, Carey (February 10, 2000). Vermont Panel Shies From Gay Marriage. New York Times. Retrieved July 13, 2013. https://www.isidewith.com/poll/965633 On June 26,2015, the Supreme Court sided that gay marriage is a right protected by the U.S. Constitution in all 50 states. Previously, to their decision, same sex marriage was already legal in 37 states andâ⬠¦show more contentâ⬠¦The case was later sent to lower court. Voters approved a constitutional amendment to ban same sex marriage. Hawaii gain national attention, over 40 states over the next 10 years will pass the Defense Of Marriage Act (DOMAs). That defines marriage as a legal union between one man and one woman. On September 21, 1996. President Bill Clinton, signed Federal Defense Of Marriage Act into a law. Which define marriage at a federal level between one man and one woman. This meant there would be no recognition in same sex nor federal protection and benefits given to married heterosexual couples. Vermont was the first state to introduce same sex marriage by enacting a statue without being required to do so by a court decision. December 20, 1999, Vermont court ruled in baker v. Vermont that Vermont constitution entitles same sex couples to the same benefits and protections afforded by Vermont law to married opposite sex couples. Between 2005 and Sep. 15, 2010, 14 more states followed suit, bringing the total number of states with constitutional bans on gay marriage to 30. On July 19, 2011, the Obama administration announced that it will be supporting a bill to repeal the Defense Of Marriage Act. Another decision on Feburary 23, 2011, Obama instructed the Justice Department ti stop defending Defense of Marriage act, over concerns that it violates the fifth amendment. On May 9, 2012 President Obama was the first sittingShow MoreRelatedGeorge Chauncey s Gay New York Essay1512 Words à |à 7 Pageswriting about George Chaunceyââ¬â¢s Gay New York. In this text, George Chauncey seeks to restore that world to history, to chart its geography, and to recapture its culture and politics by challenging three widespread myths about the history of gay life before the rise of the gay movement. These include the myths of isolation, invisibility and internalization. The homosexual community is considered a subculture to the heterosexual community, which identifies as the dominant culture. George Chauncey wants toRead MoreThe Changes Of Marriage During The 1950s966 Words à |à 4 PagesThe changes of marriage in the United States Marriage is a relationship is about coming together in which two people have promised themselves being with each other. However, marriage in the United States has changed in the 1950s from what it is today. Marriage in the 1950s was different because there was no such idea of a divorce because women had to fix their marriage. (Tartakovsky). Yet, marriage that occurs today people can get a divorce in America. Marriage is better today in America than inRead MoreThe Issue Of Gay Marriage3385 Words à |à 14 PagesHistory teaches us that marriage has classically been between a man and a woman, but in the recent years, people have begun to challenge that notion. Gay marriage has been one of the most controversial topics of debate lately, dividing our nation into those who support the idea and those who oppose. It seems as though no matter who is asked, each personââ¬â¢s opinion falls to one side or the other. States have been similarly divided in their treatment of the gay marriage is sue. Voters in some statesRead MoreSame-Sex Marriage in Modern Society5830 Words à |à 23 PagesSame-Sex Marriage in Modern Society Many same-sex couples want to be granted the right to legally marry. The reason is simple: They are in love with each other. They want to honor their relationship in the greatest way society has to offer, by making a public commitment stand together in good times and bad life brings. While they receive some state-level protections, they do not receive most of the Federal emotional and economic benefits and protections of marriage. They are denied their rightRead MoreWhy The Stonewall Riots Became A Turning Point For The Lesbian Community1459 Words à |à 6 Pagesprohibited. After homosexual were determined as ââ¬Å"sociopathic personality disorderâ⬠discrimination against them increased. The federal government banned the employment of homosexuals in 1953 by Eisenhower who signed the Executive Order 10450 (Chauncey, George, Nancy), which insisted in the dismissal of all federal employees who were homosexual. Most of the state governments prohibited gay people being served in b ars and restaurants. Police officers regularly went undercover to gay bars, baths, andRead MoreThe Homosexual Relationship Between Antonio and Bassanio in William Shakespeareââ¬â¢s the Merchant of Venice1673 Words à |à 7 Pageswork out; nonetheless, it is certain that his feelings for Bassanio are intense (ââ¬Å"How to read The Merchant of Veniceâ⬠124). It is worthwhile to think about what Antonio, in the beginning of the play, says he does not know: why he is sad. Antonio expresses: In sooth I know not why I am so sad. It wearies me, you say it wearies you; But how I caught it, found it, or came by it, What stuff ââ¬Ëtis made of, whereof it is born, I am to learnâ⬠¦. (1.1.1-5) Salerio points out two explanations for the causes
Tuesday, May 5, 2020
Medibank Private Limited
Question: The analysis of the financial report of MEDIBANK Private Limited. Answer: Wolf, M. (2008).Fixing global finance. Baltimore, Md.: Johns Hopkins University Press. To: The Board of Directors From: MEDIBANK Private Limited Date: 31.05.2015 Subject: The analysis of the financial report of MEDIBANK Private Limited The MEDIBANK private limited business operation includes providing quality health care to their customers. The company focus on the large and the sustainable health care services that are required for the increment and the growth of the sustainability. It also keeps eyes on the future benefit claims which are arranged for enhancing the further cooperation. Thus it also helps in signifying the values that are requisite for the sustainability for the proper rising of the market competition (Droms and Wright, 2010). Thus it helps in signifying the overhead management and the values that are required for the proper continuation of the business operation and thus it also helps in the proper enhancement of the business operations that are carried out for the formation of the support for the organisation. Furthermore, the companys innovative ideas help the company to make progress with implementing the process in the organisation. The stakeholders of the company include shareholders, employ ees, community and other members associated with the company (Holton, 2012). The subsidiaries of the company includes Integrated Care Services Pty Ltd, The Travel Doctor TMVC Pty Ltd, IQ Consultants Pty Ltd, MEDIBANK Health Solutions Telehealth Pty Ltd, Fitness2Live Pty Ltd, Fitness2Live (UK) Ltd, MEDIBANK Health Solutions New Zealand Ltd, MEDIBANK Health Singapore Pte Ltd and MEDIBANK Asia Pte Ltd. The financial statement of the company shows the actual value of the company as well as its actual performance. The financial statements are prepared as per the accordance of the accounting standards and both by the subsidiary and parent company of the group. It helps the organization to structure their activities that helps in the creation of the proper growth for the company. The subsidiary statements help in the separation of the group which helps in claiming the increment of the profit in front of the parent entity (Horngren, 2013). Therefore, in the case of the MEDIBANK Private Limited, the claims on the profit could not be made by the company that are earned by the MEDIBANK Community Fund. Thus it helps in the creation of the significant differences that helps the company in the process of the evaluation of the considered risks. Therefore the consolidated financial statements are made by the parent organisation and the subsidiary organisation helps in the creation of the legal entity. Hence it also helps in the proper continuation of the safeguards for the appropriate prolongation of the rules and the policies in regarding the protection of information connected to the financial statements of the organisation (Kew and Watson, 2012). The funding options are available for the organization that exists for raising the funds of the organisation and thus financing their operating as well other activities of the organization (Kieso, Weygandt and Warfield, 2010). It also helps in the increment of the shares and the debentures from the public for the case of the increment of the funds. Debenture is a fund that the company provides fixed interests to the debenture holders and thus it also helps in completion of the debenture terms and the conditions that are required for the appropriate enhancement of the organisations obligations and therefore, the organisation helps in the provision of the interests for the proper creation of the profits for the company and thus for the others also (Kimmel, Weygandt and Kieso, 2007). The companies are also helpful for the purpose of raising the funds that are required for the solving the companys issues. The MEDIBANK Health Solution Pty Ltd is owned by the MEDIBANK Private Limited. The MEDIBANK Private Limited is an insurance company as well as the health company which helps in the provision of the shareholders that are helpful for the proper creation of the firm. Thus the infrastructural facilities that are created also helps in the improvement of the firms as well as the profit of the organisation. It can be achieved by the proper incurring of the losses that helps in incurring the losses that are required for the appropriate determination of the companys funds and thus it also helps in the creation of the losses that makes the investors and the other bankers to suffer a lot (Lambert, 2011). Thus the company also provides the facilities likes as the bonuses to the debentures and the shareholders of the company for the profits as per the case. Besides these all the things, the bankers and the investors also helps the company to raise the fund of the company that helps in the carrying out the fund gaining activities by the company. Source: (Anon, 2016) The financial statement of the organization provides significant information to the shareholders and the stakeholders of the organization. The financial reporting or the reports need to be aligned with International Financial Reporting Standards, and it is also published by the International Accounting Standards (Libby, Libby and Short, 2014). This is also prepared as per the Standards of Australia Accounting. The financial information of the organization discloses the corporate governance information is to capitalize on the business presentations, returns of the shareholders are seemed to be maximized and also its worth, to sustain the success and the development of the organization. It also incorporates risk supervision, corporate governance policies and practices including the process of risk supervision. The auditing group describes the financial information or the declarations of the company and also determines the exact value of the organization through its performance in their present market field. Sustainability of the company can be evaluated and determined by the given information in this financial statement field (McCarthy et al., 2012). The annual performance with its report need to be categorized as operational, financial, regulatory risks, and it incorporates the economic sustainability risks. The solvency risk of the organization may analyze with the assists of the financial leverage ratio, debt-equity and also to calculate the current ratio from the given information in this financial statements or the financial reporting. The proper income statement represents the profit, expense, revenue, and loss of the organization. It assists in determining the long term and short term performance of the organization like MEDIBANK Private Ltd. The financial statement of the company shows the non controlling interests that are paid on the shares that are outstanding. Non-controlling interests are the total sum that is remunerated on due shares of the organization within the fiscal year (McMillan, 2010. The non controlling interest is represented on their balance sheet of the company Depending on the acquisition the organizations determine the non controlling interests of particular exclusive property of acquiring. The surplus of the relocated consideration includes the sums of non-controlling interests to get hold of above the shares of the fair value of the organization to acquiring their net assets that are mostly recorded as the behavior. The intercompany transactions, unrealized gains and also the balances in between the group company need to be eliminated and also in this scenario; the unrealized losses are also reduced until the transaction is correctly supplied the manipulation of the transferred property or the tran sferred assets. The consolidated balance sheet of the group, as well as the firm like MEDIBANK Private Ltd, represents the non controlling interests (Robinson, 2009). The goodwill of a company is valued with the performance or enhanced operations of the company which indicates strong financial position of the organization. With the help of appropriate acquisition strategies the company would be able to achieve acquisition of the promising organization and building reputation in the market. The strong financial position of the company will lead to increase in the value, enhanced performance as well competing with other companies in the market (Rosen, 2005). The goodwill account shows in the balance sheet of the company for the year end. The acquisition strategy imposes considerable impact on the goodwill of the company. In bargaining the trader it can be either seller or buyer focus on maximum gain from the transaction. Therefore, in this case if the seller able to sell the product at the price fixed by him then it would be gain for him and is the buyer able to decrease the price of the product then it would be gain for him. The income statement sh ows the purchase and sale of the products and balance sheet shows the goodwill on the acquisition. Therefore, the financial statement of the company shows the purchase and sale of the products and services (Spiceland, 2009). MEDIBANK private limited also trade in the foreign market and hence it leads to foreign currency transactions. The company determines and evaluated risks in the foreign currency transactions in order to develop the company in the foreign market. The contacts, instruments derivatives and products are traded by the company. The consolidated income statement shows the exchange differences on the translation of the foreign operations (Weygandt, 2009). However, the risk rising from the financial apparatus of the group is risk of interest rate, risk of credit, price risk including liquidity risk and foreign currency risk. Different techniques and methods are used to manage such types of risks such as monitoring the exposure levels of foreign exchange risk, price risk and interest rate. The board agrees and reviews the policies to manage the risk which includes limits to trade in the derivatives, instruments derivatives and foreign currency contracts. The foreign subsidiary companies of MED IBANK private limited are the HATCHTECH Pty Limited and MEDIBANK Community Fund (Wolf, 2008). The foreign exchange trading is also shown in the income statement of the company for the year ended. The HATCHITECH Pty limited is a biotechnology organization which is an International federation of planning of health. Apart from this, the subsidiaries of the company are MEDIBANK Health Solutions Pty Ltd and Australian Health Management Group Pty Ltd. The financial statement of the company shows the current balances of the foreign currency transactions and ordinary shares issued by the company. The foreign currency risk refers to the risks that fair worth of the financial instrument would vary because of the changes in the rates of the foreign currency (Lambert, 2011). However, the investment in infrastructure and syndicated loans are managed externally and exposures of the currency are hedged by fund manager. The international equities are managed externally and half of the exposure of t he foreign currency is unhedged. The group has transactional exposure of the currency that arises from the purchases of the currencies other than functional currency. The transactions includes operational costs within other payable and trade that are minimal and the purchases of the foreign currency investment. Source: (Reuters, 2016) The financial statements of MEDIBANK private limited shows that the company is growing and shows positive results. The net income of the company is appropriate and the current ratio is above one which means that the company would be able to pay its debts (Kieso, Weygandt and Warfield, 2010). The share market price is also appropriate which means that the performance of the company is increasing in the current market situation. The MEDIBANK private limited provides increment benefits to their employee and appropriate training to them. The net income of the bank in the year 2015 is AUD285 millions and in the year 2014 it was AUD130.8 million. Therefore, the financial statements show that the company is having developing showing positive results and income (Kew and Watson, 2012). There the bank is earning income and generating maximum returns for their shareholders through internal trading and foreign exchange trades. MEDIBANK private limited would secure its position in the current mar ket environment and operating its business for the benefits of their stakeholders. References Droms, W. and Wright, J. (2010).Finance and accounting for nonfinancial managers. New York: Basic Books. Holton, R. (2012).Global finance. Abingdon, Oxon: Routledge. Horngren, C. (2013).Financial accounting. Frenchs Forest, N.S.W.: Pearson Australia Group. Kew, J. and Watson, A. (2012).Financial accounting. Cape Town: Oxford University Press. Kieso, D., Weygandt, J. and Warfield, T. (2010).Intermediate accounting. Hoboken (NJ): J. Wiley. Kimmel, P., Weygandt, J. and Kieso, D. (2007).Financial accounting. Hoboken, NJ: John Wiley. Lambert, R. (2011).Finance accounting. Philadelphia: Wharton Digital Press. Libby, R., Libby, P. and Short, D. (2014).Financial accounting. Maidenhead: McGraw-Hill Education. McCarthy, J., Shelmon, N., Mattie, J. and Gross, M. (2012).Financial and accounting guide for not-for-profit organizations. Hoboken, N.J.: Wiley. McMillan, E. (2010).Not-for-profit accounting, tax, and reporting requirements. Hoboken, N.J.: Wiley. Robinson, T. (2009).International financial statement analysis. Hoboken, N.J.: John Wiley Sons. Rosen, H. (2005).Public finance. New York: McGraw-Hill Irwin. Spiceland, J. (2009).Intermediate accounting. Boston: McGraw-Hill/Irwin. Weygandt, J. (2009).Hospitality financial accounting. Hoboken, N.J.: John Wiley Sons.
Sunday, April 12, 2020
Global Management Challenges
Introduction Global Management Challenges Sweeping changes across organizations and in the global business arena threaten to make yesterdayââ¬â¢s managers outdated. However, an awareness of the changes and how to take advantage of them offer tomorrowââ¬â¢s managers countless opportunities. Even though the nature of managerial function varies across organizations and changes continually, one general thread pervades nearly all managerial activities.Advertising We will write a custom essay sample on Global Management Challenges specifically for you for only $16.05 $11/page Learn More That is, interacting with different people from different backgrounds and culture. Therefore, the behavior of people and management process in firms are clearly intertwined thus causing global management challenges to both the current and future leaders (Scheffknecht, 2011). Conversely, the field of management is wide. It covers areas such as organizational change, cultur e, managing change initiatives and organizational activities. However, a new leader coming into an organization will have difficulties in changing the existing organizational culture. Employees may either forcefully reject or accept changes. Changes that take place in all organizations are nonetheless globally recognized phenomena. Thus, for organizations to survive in the currently competitive market, they are compelled to adapt regularly to meet the changing environmental, social, political, economic, and business demands. Analyzing and changing the existing corporate culture and structure to meet such demands while the organization absorbs people, teams, and work groups from different backgrounds tends to generate different global management challenges to the universal and domestic managers. The paper relates the wider field of global management challenges to the specific area of organizational culture and structure. It argues that a new leader coming into an organization and tho se on international assignments will have difficulties and challenges in analyzing teams, multicultural workgroups, organization structure, and culture. The paper explores the important environments that pose challenges to international leaders. Challenges global managers face while analyzing multicultural work groups and teams Organizational culture and the general social and cultural environments can be considered to interlock in that teams and workgroups enter organizations from the surrounding societies and bring their culture and social life with them. Therefore, the changing social and cultural environment influences corporate culture and is a big challenge to managers endeavoring to analyze and change the teams and work groupsââ¬â¢ culture. Forces in this multicultural environment are those that effect changes in how people live and work. Mohanty and Rath (2012) think that global managers must be responsive and analyze those multicultural changes that take place in the sur rounding societies as they affect all aspects of multicultural work groups and teams culture. Nevertheless, new global managers analyzing teams and multicultural work groups will have little knowledge about those changes.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Workforce diversity is also a big challenge to global managers wishing to analyze and change the existing multicultural work groups and teams culture. In as much as an organization is legally and socially committed, it must include employees from different diverse environments. However, some organizations are not sensitive to the diversity issue while others have overemphasized on the issue. In fact, the demographic composition of workers has changed considerably as more female, male and minorities enter the workforce. This means that new global managers must address this factor when analyzing multicultural work groups and te ams. Studies have shown that workforce diversity is an important resource to improve performance and that quality of decision-making is richer and broader in terms of diverse employees (Moran, Harris Moran, 2010). While this is an important consideration to managers, the existing teams and work groups cultures discourage such efforts to an extent of justifying that diversification lowers the quality of management. Challenges global managers confront when studying international organization in the areas of structure and culture The global business environment is changing drastically thus requiring new approaches to business. Apart from the changes in regulations, diversity and consumer behaviors, the global economic factors have experienced significant economic changes thus influencing organization cultures and structure greatly. For many international organizations, the focus is to create a culture and organization structure that might improve competitive advantages and eventually the profitability in a threatening economic environment. Firms including small-to-medium enterprises are internationalizing their operations in search of business opportunities thus making it difficult for global managers to study the culture and structure of such organizations (Schuler, 2000). Todayââ¬â¢s global managers studying the structure and culture international organizations are challenged by a myriad of factors stemming from the changing global environment. First, cultural differences influence corporate culture in different countries. Management functions directed to corporate culture become more complex as the firmââ¬â¢s activities expand internationally, and coordination of organizational and decision-making issues becomes significantly difficult.Advertising We will write a custom essay sample on Global Management Challenges specifically for you for only $16.05 $11/page Learn More Managers fight in vain to create a corporate culture a nd structures that balances between the needs of the foreign markets and the impact of the cultural disparities on important organization issues such as evaluation, compensation packages, and promotion policies. Second, understanding global difference is a challenge to new global managers in appreciating the changing global environment. To global managers, there are issues related to understanding corporate behavior in diverse global settings. Corporate culture becomes especially complicated at global level since the desires, attitudes and values of employees differ across countries (Moran, Harris Moran, 2010). Again, the issues of coordinating activities to match organizational environment become more complicated as firms expand internationally. Organizations are locating in a specific region because this permits them to increase efficiency, but this also affects corporate culture and structure. Challenges global managers meet when evaluating international assignments When evaluat ing international assignments, global managers always encounter numerous challenges. First, such managers must evaluate the cultural and social environments. At this point, the global managers are bound to assess the social life and cultural activities of people entering the organization from the surrounding societies. Thus, the influence of cultural environments on the organization culture must be evaluated together with how multicultural groups and teams work and live. Besides, when evaluating their international assignments, global mangers must assess how workforce and organization managers respond to the changes happening in the neighboring communities and the manner in which they impact on the organization culture. However, global managers on international assignments seem to have slight information regarding such activities. Second, the international business environment has been fluctuating quickly forcing managers to adopt novel business and management strategies in order to remain competitive in the global spheres. The observed changes in the business arena in turn cause the organization corporate culture and structure to vary frequently. It therefore becomes difficult for global managers on international assignment to consistently gather information and evaluate the changing business operations assumed by international organizations (Franke Nicholson, 2002).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Third, global learning or the process of attaining and learning the knowledge, skills and corporate behaviors that have helped organizations abroad to become strongly positioned in the global market is also a challenge to global managers evaluating international assignments. Managers may be required to create a corporate culture that might allow the firm to rotate employees to other foreign operations in order to learn the opportunities and problems that lie overseas. No wonder many researches on expatriation have pointed the key challenge to successful expatriation as the capacity of the organization to create a culture that arms the employees with the necessary skills and knowledge to fit in foreign cultures (du Plessis Beaver, 2008). Challenges global managers meet when managing across cultures in the future New global managers are tasked with the development of corporate ethics and well-being to initiate change and manage organization across cultures. Sims (2009) considers corp orate ethics as one element of corporate culture that is hard to change, as ethics are defined differently by individual organizations. While managing organizations across cultures in the future, global managers are likely to encounter unethical behaviors that damage the firmââ¬â¢s reputation and cost the firm the goodwill of employees and customers. Managers who wish to change such a culture are required to establish an ethical code that defines acceptable behaviors and develop a framework of rewards and punishments to implement ethical codes. To some firms, social responsibility means doing any action provided it is legal. In such a culture, developing a code of ethics to protect the firmââ¬â¢s reputation and ensure the goodwill of employees and customers is hard for a newcomer managing an organization across cultures. The challenge is to build an organizational culture where members oppose the temptation to act in ethical manners that promote individual interests at the cos t of the firm or promote the interest of the firm at the cost of the society. Finally, almost every organization creates a culture that might make the employees across different more creative. The most significant driver to innovation is information technology and its integration in business operations. Whereas IT is important to organizational activities, it poses a major challenge to both todayââ¬â¢s and future global managers (Cronley Patterson, 2010). Organizations are increasingly operating in uncertain, decentralized, networked environments, where adoption of IT becomes essential towards managing across different cultures. Unfortunately, many organizations do not have supportive culture that can enhance the willingness of cross-cultural employees to adopt new technologies. Conclusion Sweeping changes threaten to make yesterdayââ¬â¢s managers outdated while an awareness of the changes and how to take advantage of them offer tomorrowââ¬â¢s managers countless opportunit ies. From the extensive research on corporate culture and structure, as well as multicultural work groups and teams, there are challenges and barriers facing global managers on international assignments wishing to change an existing organizational culture and structure. These managers are vulnerable to different environments, national cultures, organizational trends and organizational behaviors adopted in particular firms. Emended in this research is the fact that people enter into organizations carrying cultures of the surrounding communities that also influence the existing corporate cultures and structures. As a matter of fact therefore, the managers are tasked with learning the societal cultures especially when most of the firms have internationalized their operations. The paper points out that the changing social and cultural environments are exposing managers to myriad challenges related to organizational culture. A manager seeking to change an already changing culture has the responsibility of shifting the changes towards the core initiative. It is noted that the force of nature exerts much pressure on organizations to the disadvantage of management initiatives. That is, if globalization is the trend towards winning competitive advantages, managers have no other option but to develop a culture that responds to such changes. Again, if technology adoption is the answer to successful business, then it must be a priority to the management. Unfortunately, very few corporate cultures will support such initiatives, hence high resistance towards such changes. The paper provides an extensive discussion on the difficulty of changing an existing culture characterized by developmental changes over time. References Cronley, C. Patterson, D. (2010). How well does it fit? An organizational culture approach to assessing technology use among homeless service providers. Administration in Social Work, 34(3), 286-303. du Plessis, A. Beaver, B. (2008).The changing role of human resource managers for international assignments. International Review of Business Research Papers, 4(5), 166-181. Franke, J. Nicholson, N. (2002). Who shall we send? Cultural and other influences on the rating of selection criteria for expatriate assignments. International Journal of Cross Cultural Management, 2(1), 21-36. Mohanty, J. Rath, B. (2012). Influence of organizational culture on organizational citizenship behavior. Global Journal of Business Research, 6(1), 65-76. Moran, R., Harris, P. Moran, S. (2010). Managing cultural differences: Global leadership strategies for cross-cultural business success. New York, NY: Routledge. Scheffknecht, S. (2011). Multinational enterprise-organizational culture vs. national culture. International Journal of Management Cases, 13(4), 73-78. Schuler, R. (2000). The internationalization of human resource management. Journal of International Management, 6(8), 239-260. Sims, R. (2009). Toward a better understanding of organizational e fforts to rebuild reputation following and ethical scandal. Journal of Business Ethics, 90(4), 453-472. This essay on Global Management Challenges was written and submitted by user Asher Sheppard to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Wednesday, March 11, 2020
Pauli Exclusion Principle Definition
Pauli Exclusion Principle Definition The Pauli exclusion principle states no two electronsà (or other fermions) can have the identical quantum mechanical state in the same atomà or molecule. In other words, no pair of electrons in an atom can have the same electronicà quantum numbers n, l, ml, and ms. Another way to state the Pauli exclusion principle is to say the total wave function for two identical fermions is antisymmetric if the particles are exchanged. The principle was proposed by Austrian physicist Wolfgang Pauli in 1925 to describe the behavior of electrons. In 1940, he extended the principle to all fermions in the spin-statistics theorem. Bosons, which are particles with an integer spin, do not follow the exclusion principle. So, identical bosons may occupy the same quantum state (e.g., photons in lasers). The Pauli exclusion principle only applies to particles with a half-integer spin. The Pauli Exclusion Principle and Chemistry In chemistry, the Pauli exclusion principle is used to determine the electron shell structure of atoms. It helps to predict which atoms will share electrons and participate in chemical bonds. Electrons which are in the same orbital have identical first three quantum number. For example, the 2 electrons in the shell of a helium atom are in the 1s subshell with n 1, l 0, and ml 0. Their spin moments cannot be identical, so one is ms -1/2 and the other is ms 1/2. Visually, we draw this as a subshell with 1 up electron and 1 down electron. As a consequence, the 1s subshell can only have two electrons, which have opposite spins. Hydrogen is depicted as having a 1s subshell with 1 up electron (1s1). A helium atom has 1 up and 1 down electron (1s2). Moving on to lithium, you have the helium core (1s2) and then one more up electron that is 2s1. In this way, the electron configuration of the orbitals is written.
Sunday, February 23, 2020
Mass Spectrometry Essay Example | Topics and Well Written Essays - 500 words
Mass Spectrometry - Essay Example The first step involves production of ions of the compound by electron ionization. Each product ion is generated from the molecular ion. The result results are then displayed in a plot of a graph of ion abundance against mass to charge proportion. The ions give information concerning the structure and nature of their original molecule. However, the spectrum of a molecular ion appears at a greater value, which gives the total molecular mass of the substance. Mass spectrometry instrument consist of various components, the detector system that detects ions and record relative abundance of every compound, ion source, which produce gaseous ions and analyser, which resolve ions into their respective mass components. In addition, a computer is also required to monitor and control the instrument, get and manipulate data then use it to compare spectra. With the help of these components, a mass spectrometer can perform various processes. This includes, separating ions in accordance to the ratio of their mass to charge, producing ions from the compound, which is done in the ionization source, fragmenting and analysing ions, processing signals from detector, which are then transmitted to computer system and control the instrument via feedback and detect the ions from the last analyser and measure their abundance. This can be done using the detector, which converts the ions to electrical signals. Mass spectrometry has several advantages compared to the other analytical techniques used. It is highly accurate, can be coupled with liquid chromatography to separate samples further, and has a large mass range, fast, auto runs with sampler or direct injection. On the other hand, it has some drawbacks like it is complicated spectra, salts drown signal which takes more time to filter from the machine, a high intensity peak can eclipse smaller intensity peaks, fine tuning work. In conclusion, although Mass
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