Cafes monte bianco case analysis Essay

This course focuses on the strategic nature of management accounting and emphasizes the critical role that information plays in decision-making, strategy execution, and overall enhancement of a firm’s value. Primarily taught through case studies, this course will utilize and build upon the concepts studied in prior Management Accounting courses, and allow the students an opportunity to see how these concepts fit together. Selected readings from textbooks and business periodicals will be used to blend in appropriate theory for newer subjects that may be the focus of some case studies. The world of business continues to change dramatically. As a result, the role of managerial accounting is very different than it was even a decade ago. Today, managerial accountants serve as internal business consultants, working side-by-side in cross-functional teams with managers from all areas of the organization as they make decisions towards defining and implementing strategy. To complete their knowledge of managerial accounting, students must understand how managers are likely to use and react to information provided by management accounting. On the other hand, managers must understand the basis of the financial information provided by management accountants. We will explore both sides during our discussions. The course is divided into three major parts. The first part covers fundamental concepts, including activity-based management, and provides an overview of managerial accounting. The second part discusses concepts and methods useful for managerial decision making, such as CVP and differential analysis. Finally, in the third part, we concentrate on planning and performance evaluation of business segments as they strive to execute the firm’s strategy. In this part, we also discuss measurement and incentives (compensation) of managers. As indicated above, this is a case-based course to illustrate the applications of managerial accounting concepts in real-life situations. While preparing these cases, students should read about basic concepts on their own, using any of the textbooks mentioned later in this syllabus. However, I do intend lecturing on some of the relatively advanced topics (e. g. activity-based costing, variance analysis, pricing, target costing and allocations) at appropriate times during the quarter. TARGET AUDIENCE The course is general enough to benefit both MAcc and MBA students. A basic knowledge of financial and managerial accounting should suffice as a pre-requisite for the course. Both sets of students will enhance their understanding of Managerial Accounting topics by seeing how they are applied to real-life situations. In addition, MBA students will find that the course integrates several of the concepts they have learned in their curriculum. MAcc students will welcome the exposure to Strategy, and see how important Managerial Accounting is towards its (Strategy) implementation. ABOUT YOUR INSTRUCTOR With over 30 years of experience in industry, Mr. Mulchandani brings extensive knowledge of the â€Å"real world† towards teaching in the Business curriculum. Joining Rockwell International soon after obtaining his MBA, Mr. Mulchandani had assignments in several functional areas of the Company, including Finance, Accounting, Materials/Logistics and Manufacturing. After three years as a Division General Manager, he was named President of the Commercial Vehicle Systems Business ($3.5 billion in Revenue), from which he retired in December 2000. During his tenure in industry, Mr. Mulchandani actively participated in several global joint ventures, some of which he was instrumental in setting up. In addition, he has experienced being part of a spin-off into a separate automotive company, which later merged with another company for economic scale. In Spring 2001, Mr. Mulchandani entered the Masters of Accounting (MAcc) program at The Ohio State University, which he completed in June 2002. As a faculty member of the AMIS Department since then, Mr. Mulchandani teaches, or has taught, undergraduate financial and managerial accounting courses, Managerial Accounting in the MBA core, an MBA elective (Implementing Corporate Strategy), and the MAcc/MBA Elective (AMIS 823) at the Fisher College of Business.

Metaphysical Poets Essay

The term metaphysical poets was coined by the poet and critic Samuel Johnson to describe a loose group of British lyric poets of the 17th century, whose work was characterized by the inventive use of conceits, and by speculation about topics such as love or religion. These poets were not formally affiliated; most of them did not even know or read each other (Wikipedia). Their work is a blend of emotion and intellectual ingenuity, characterized by conceit or â€Å"wit†Ã¢â‚¬â€that is, by the sometimes violent yoking together of apparently unconnected ideas and things so that the reader is startled out of his complacency and forced to think through the argument of the poem. Metaphysical poetry is less concerned with expressing feeling than with analyzing it, with the poet exploring the recesses of his consciousness. The boldness of the literary devices used—especially obliquity, irony, and paradox—is often reinforced by a dramatic directness of language and by rhythms derived from that of living speech. Esteem for Metaphysical poetry never stood higher than in the 1930s and ’40s, largely because of T.S. Eliot’s influential essay â€Å"The Metaphysical Poets† (1921), a review of Herbert J.C. Grierson’s anthology Metaphysical Lyrics & Poems of the Seventeenth Century. In this essay Eliot argued that the works of these men embody a fusion of thought and feeling that later poets were unable to achieve because of a â€Å"dissociation of sensibility,† which resulted in works that were either intellectual or emotional but not both at once. In their own time, however, the epithet â€Å"metaphysical† was used pejoratively: in 1630 the Scottish poet William Drummond of Hawthornden objected to those of his contemporaries who attempted to â€Å"abstra ct poetry to metaphysical ideas and scholastic quiddities.† At the end of the century, John Dryden censured Donne for affecting â€Å"the metaphysics† and for perplexing â€Å"the minds of the fair sex with nice speculations of philosophy when he should engage their hearts . . . with the softnesses of love.† Samuel Johnson, in referring to the learning that their poetry displays, also dubbed them â€Å"the metaphysical poets,† and the term has continued in use ever since. Eliot’s adoption of the label as a term of praise is arguably a better guide to his personal aspirations about his own poetry than to the Metaphysical poets themselves; his use of metaphysical underestimates these poets’ debt to lyrical and socially engaged verse. Nonetheless, the term is useful for identifying the often-intellectual character of their writing (Encyclopedia Britannica). Without doubt Samuel Johnson’s choice of the word metaphysical to describe the followers of Donne was directly influenced by these earlier usages (th e Cleveland passage is quoted in Johnson’s Dictionary of 1755 to illustrate the definition of ‘Metaphysicks’). The category of poetry that indulged in metaphysics was a live one for later seventeenth-century poets, but for them metaphysics was a word used to mark the point at which strongly argued verse bordered on self-parody. There is more value than this, however, in the group name. Even in the earlier seventeenth century members of the core group of metaphysical poets were connected by a number of social, familial, and literary ties. Izaak Walton relates that Donne and George Herbert enjoyed ‘a long and dear friendship, made up by such a Sympathy of inclinations, that they coveted and joyed to be in each others Company’ (Walton, 57–8). Donne addressed poems to Herbert’s mother, Magdalen, and preached her funeral sermon, as well as writing a poem to Herbert’s brother, Edward, Lord Herbert. Herbert of Cherbury in turn read both Donne’s poetry and that of his own brother with care, and was a friend of Thomas Carew and Aurelian Townshend. Henry Wotton was the addressee of epistles in both verse and prose from his close friend John Donne, and at one point intended to write a life of Donne. Henry King (whose father ordained John Donne) was in daily contact with Donne at St Paul’s Cathedral, where the older poet was dean while King was chief residentiary. Donne bequeathed to King a portrait of himself dressed in his winding-sheet. Not surprisingly King’s verse is haunted by that of his friend, from whom he received manuscripts, as well as books and themes for sermons. Later in the century there were other close groupings of poets, who, although not linked by direct personal familiarity with Donne and Herbert, were bound to each other by ties of family, friendship, and literary consanguinity. Thomas Stanley was a cousin of Richard Lovelace and the nephew of William Hammond, and became a friend of John Hall, one of the most underrated of the minor metaphysical poets. Cowley was a friend and eventually elegist of Richard Crashaw. Pockets of metaphysicality also survived in several institutions: it cannot be an accident that Henry King, Abraham Cowley, Thomas Randolph, William Cartwright, and John Dryden all attended Westminster School. But by the later seventeenth century the bonds of friendship and affinity that had linked Donne and Herbert were in the main replaced by looser ties of literary indebtedness. Declaratory utterances to imagined or absent addressees who are summoned into being by the force of the speaker’s eloquence are common among poems by members of these networks, as are works that explore the balance and imbalance between the demands of the body and the spirit. Direct attempts to persuade, either through comparisons or through arguments that self-consciously display their logical elisions, are also among the most evident legacies left by Donne to his poetical heirs. No single one of these elements constitutes a metaphysical style, and it would also be wrong to suppose that all of them must be present in a given poem for it to be regarded as belonging to the tradition. It is also incorrect to believe that a poet who sometimes wrote poems in a metaphysical manner was always and in every poem a metaphysical. The metaphysical style was various. It also changed in response to historical events. Donne’s Poems and Herbert’s The Temple were both posthumously printed in 1633. Those publications immediately extended the literary communities of their authors through time and space, and the fact that both volumes were posthumous had a significant effect on the kind of influence they exerted. Donne and Herbert rapidly became models for imitation, but they could also be regarded as ideal representatives of an age that had passed. Imitation of them could therefore become an act not just of nostalgia, but of politically or theologically motivated nostalgia—as occurs most notably and heavy-handedly in the high Anglican pastiches of Herbert included in The Synagogue by Christopher Harvey, which was regularly bound with The Temple after 1640. In the political and ecclesiastical upheavals of the 1640s the metaphysical style moved on. Imitating Herbert in particular could signal a desire to resist the depredations suffered by the English church during the civil war. Richard Crashaw’s Steps to the Temple (1646) explicitly links itself by its title to Herbert’s volume. The editions of 1646 and 1648 include ‘On Mr. G. Herberts Booke’, which declares ‘Divinest love lyes in this booke’. Henry Vaughan’s preface to the second volume of Silex scintillans (1655) ascribes to Herbert’s influence his conversion from writing secular poems, and he marks the debt by adop ting the titles of several poems by Herbert for his own works. By the second part of Silex these allusions to Herbert carried a political charge, intimating Vaughan’s resistant attitude to the forcible ejection of conservatively minded ministers from churches in his native Wales by commissioners acting under the parliamentary ordinance for the propagation of the gospel. The gradual replacement of networks of closely connected individuals by relationships between dead authors and their readers is perhaps a central reason for the emergence of metaphysics (in the pejorative sense) in later seventeenth-century verse. The two later poets stigmatized by Johnson as ‘metaphysical’, Cleveland and Cowley, knew Donne only as a voice in a book. Efforts to reanimate that voice often show signs of strain. But the move from personal to textual connection between members of the group did not always have undesirable consequences. Andrew Marvell, who ever since John Aubrey’s ‘Brief life’ has tended to be regarded as an isolated figure in the literary landscape, has perhaps the most distinctive poetic voice of any member of the group. By describing pastoral figures with wounded or sullied innocence who argue perplexedly about their own fate and the unattainability of their own desires, Marvell transformed the metaphysical style into an idiom appropriate for a period of political division and national crisis. He was not entirely disconnected from its other practitioners: he was at Trinity College, Cambridge, at the same time as Abraham Cowley, and he wrote a commemorative poem for Henry, Lord Hastings, in Lacrymae musarum (1649), a volume that included poems by Dryden as well as John Hall. He and Hall were both among those who composed dedicatory poems for Richard Lovelace’s Lucasta (1648). Like Cleveland, Marvell owed his reputation in the later part of his career largely to his political and satirical poems, but his posthumously published Miscellaneous Poems (1681) shows that a reader of earlier metaphysical verse who actively responded to his changing times could transform the idiom of his predecessors (Oxford Dictionary of National Biography). Works cited Colin Burrow, ‘Metaphysical poets (act. c.1600–c.1690)’, Oxford Dictionary of National Biography, online edn, Oxford University Press, Feb 2009 [http://www.oxforddnb.com/view/theme/95605, accessed 5 Aug 2012] Encyclopedia Britannica www.britannica.com/EBchecked/topic/377915/Metaphysical-poet Wikipedia http://en.wikipedia.org/wiki/Metaphysical_poets

Muriel Spark’s “The Prime of Miss Jean Brodie”

The film and novel pairing I have chosen is Muriel Spark's ‘The Prime of Miss Jean Brodie'. I have chosen this because of the large number of references made in the text that can be compared to occurrences that were happening in that period, and that have happened in Sparks own life. Spark was born in Edinburgh in 1918. She was educated at ‘James Gillespie's Girls School', which was in Edinburgh also. After finishing school, she left Edinburgh and moved to Africa where she met her husband. Spark then moved back to England, after divorcing her husband Oswald. Shortly after the war she became involved in the literary circles of London. She was then kicked out because she was described as â€Å"too adventurous†. She was interested in poetry and in 1952 her first book, a book of poetry, was published. Then, in 1961, ‘The Prime of Miss Jean Brodie' was published. In the novel ‘The Prime of Miss Jean Brodie' the plot involves a young, slightly eccentric in her thinking, complex schoolteacher at an Edinburgh girls' school, ‘Marcia Blaine'. The text is set between the periods of World War I and World War II. Brodie's teaching methods include giving ‘her girls' self-indulgent lessons on ‘life'. These lessons involve teaching about love, art and politics. Her aim is to produce a generation of ‘Jean Brodies' who experiment with sex and society. This can be reinforced by Brodie's quotation † Give me a girl at an impressionable age and she will be mine for life.† But, as the plot thickens we see Jean Brodie becoming romantically involved with two of the male teachers. With bemused horror she finds herself fighting to keep her job, or otherwise face destruction (this can be related to Muriel Spark getting kicked out of the London Literary Circles). Brodie believes that she can always count on her ‘favourite pupils' for support, but as the girls are no longer swayed by Jean Brodie, she begins to learn about love and life herself. The reason I chose this ‘pairing' in conjunction with the question is that within this novel I can see an exceptional amount of comparisons and issues referring to the period in question outside of the book, and to occurrences within Muriel Spark's life. For example, the novel is set in the 1930's. This was a patriarchal period where men dominated. Also many men had died in the war, so there was less choice and the men were more sort after. But, it is not obvious that men dominated in this period because the text is written from a women's point of view; a spinster at that. But we can see a high interest in the infamous male ‘art teacher' who both Sandy and Brodie lust after. There were images of fascism within this period of time too, with the rise of world leaders such as Benito Mussolini. We see this in the book as it reflects post-war life and brings up political issues. It also warns about the dangers of fascism. Fascism is defined as â€Å"a tendency toward strong autocratic or dictatorial control †¦ by forcible suppression of opposition.† In the novel we see Jean Brodie almost taking on a fascistic role and fascist ideology by dictating to her girls her opinions on life and what she thinks is right and wrong. † She is the absolute creed of right and wrong † She expects them to take on board the ‘Brodie ideology'. And comparable to individuals conforming to their leader in a fascist environment, in the beginning we see the girls practising all that Brodie preaches. Also, the girls have an unquestionable loyalty to Brodie, as do individuals to their leaders in their own fascist, tyrannical societies. Within her favourite pupil sect we see her searching for her â€Å"crà ¯Ã‚ ¿Ã‚ ½me de la crà ¯Ã‚ ¿Ã‚ ½me† in a way which fascist leaders searched for their strong, pure race e.g. Adolph Hitler searched for his pure Aryan supremacy, and stopped at nothing to achieve it. She aspired to be seen as a leader, and this can be backed up by the showing of the Mussolini screen showing to her pupils in the classroom. However, this only occurred in the video of ‘The Prime of Miss Jean Brodie' and not the actual text in novel form. So, in relation to themes of the period, I think fascism is a very good example because we see the rise of many fascist leaders post World War I and pre World War II, which was when it was set. Also, we see Jean Brodie fall from power, like many of the fascist leaders did. This suggests that the author, Spark, is against fascism. She portrays the fascist ideology as not ending happily. It is hardly surprising that she takes this point of view because Muriel Sparks father was a Jewish engineer during World War II, when Hitler was in control, and Hitler was an anti-Semitist. Muriel Spark's resentment for fascist leaders is shown in the character of Brodie. She rises and she falls. Also in the text, we see her as having a very middle class attitude. Referring to the period in which the novel was set I can see a strong relationship between her attitude and the attitude of those within the ‘Bloomsbury Set'.The Bloomsbury Set was the name given to a literary group that made the Bloomsbury area of London their centre of activities from 1904 to World War II. If we consider the actual names firstly, we see very strong similarities to the name of ‘The Bloomsbury Set' and ‘The Brodie Set' which is our first clue. One of the main members was a woman can Virginia Stephen Woolf who was interested in defining qualities specific to the female mind, a bit like Brodie. Woolf was also interested in things of the natural world, such as rocks and plants, because of their solitude and self-sufficiency; we see that Miss Jean Brodie possesses both characteristics. They were known as a social clique. There were a few Cambridge graduates and they would assemble on a weeknight for drinks and conversation. Members were committed to a rejection of taboos of Victorianism on religious, artistic, social and sexual matters. They remained a tight knit group for many years. The group were involved in many tangled relationships within the set. By the 1920s their reputation as a cultural circle was established. Their mannerisms were parodied and ‘Bloomsbury' became a connotation for snobbish, snotty, inward-looking or narrow-minded behaviour. The group were of high popular interest amongst scholars. Like those of the Bloomsbury set, Brodie as a character has the notion that she is better than everybody else. This is typical of ‘her class'. This is typical English middle class philosophy. It seems like Spark is poking fun at this attitude. It is like Spark uses Jean Brodie as a metaphor for the English middle class society with her snobbish aestheticism and her tight knit group (her favourite pupils) as her main characteristics. Spark is poking fun at this. Also, a major contributory clue to this theory is that Spark was a secretary to a poetry society within the London Literary Circles and was kicked out for being â€Å"too adventurous†. Her view of the middle class ideology, the ‘Bloomsbury Set', and alike is expressed in her text and the views themselves act like revenge against those of that class. In relation to Spark herself we see many similarities between the novel ‘The Prime of Miss Jean Brodie' and Muriel Spark's own life. Muriel Spark attended a school for girls just like the girls attending ‘Marcia Blaine School'. Spark describes her days at her school happy as do the Brodie Set, † The first years with Miss Brodie, sitting, listening to all those stories and opinions which had nothing to do with the ordinary world, had been the happiest time of her life†¦Ã¢â‚¬  (Pg 15) . Muriel Spark, like Brodie, had a great love for the arts. â€Å"Art and religion first; then philosophy; lastly science. That is the order of the great subjects of life, that is their order of importance.†(Pg 25) In the Prime of Miss Jean Brodie, Spark models Brodie on one of her ex-teachers, Miss Kay. Miss Kay loved the arts, and she too admired Mussolini and hung a picture of him on her wall. Miss Kay like Miss Brodie would describe her exotic travels to her class. Also many of the extra-curricular activities that we see Miss Brodie doing with her set were also done with Miss Kay's students and used in the book. Miss Kay took the girls to the theatre and concerts. Miss Kay, like Brodie, feared that the pupils were not receiving enough of a cultured background from their parents. Both Kay and Brodie wanted a hold over the pupils. It is interesting to see also that a ‘Miss Brodie' used to read to Spark as a young child. Another striking similarity to actual event and fictitious plot is that Spark had a young friend who died quite suddenly and tragically, much like the death of Mary in the book. Muriel Spark has successfully blended in facts from the time the novel is set and facts and experiences from her own life into a very creative and expressive novel. She is clever in the way she has made them all blend together and we get an insight into the author's own life for a change instead of just reading a straight forward novel. Through the novel we can understand her beliefs and comprehend her opinions. In answering the question ‘ how successful is the author in articulating the themes of the time into the novel?' I would say very successful. With fascism, the Bloomsbury set, and Sparks own experiences we see a vast array of political issues, questioning of society and an insight into the authors past. We could call this a political novel, but in a curious way.

Parent Child Relations Essay Essay

This paper will briefly describe how Hinduism reflects my upbringings, as well as my abilities to communicate with multicultural parents, and their children. This essay will entail the traditions and values that shape my identity, as well as my everyday life. Furthermore, my in depth detail of the struggles and hardships that immigrants have to deal with will allow me to sympathize for whomever deals with similar circumstances. Part One A While my household consists of a two- parent family, both parents differ in numerous ways. The main differences that may be drawn to are culture. Culturally, both my parents were brought up in different ways, which eventually leads to it affecting my upbringing. My father was born and raised in India where he followed one solid tradition. However, my mother was raised in England, following the same tradition, while she celebrated holidays that were outside of her religion, such as Christmas and Thanksgiving. This mixture of culture and tradition, from both my parents, allows me to have a greater scope of the variety of religious there are out there. Being from an origin of the Hindu background, there are several religious practices that shape the family relationship. Many of the cultural traditions that Hindu’s follow throughout the year indirectly or directly deal with family relationships, and connection through certain experiences. An example of one of the main traditions that happen every year is Raksha Bandhan. Raksha Bandhan is a day solely devoted to the bond of the brother and sister. On this specific day, sisters are asked to tie a Rakhi around the brother’s wrist, which signifies the sisters praying for a life filled with love, happiness and prosperity (Raksha Bandhan n.d.). A Rakhi is  a symbolic thread, which represents the love and affection a sister has for her brother. It can also be said â€Å" this frail of thread of Rakhi is considered stronger than iron chains as it binds the most beautiful relationship in an inseparable bond of love and trust† (Raksha Bandhan n.d.). While growing up, socialization from family and friends had a dramatic effect on the person I am today. Although the lessons I have learnt as a child did not directly take place verbally, many were learned from observing my parents as they were going through their daily lives. Not only did socialization affect the relationship between my parents and I, but it also taught me to adapt to social rules, and acquire a new outlook on culture. Part B From an early period of a child’s life, young children are taught not to discriminate amongst other cultures, and religions. Moreover, children are taught to embrace all cultures, and values that the world has to offer us, with either it be music, art, religion or a diversity of food. While examining Guthrie’s theory based on children learning new cultural patterns, I believe it is relevant to myself, for the reason that I am involved in more than one culture, even though I follow one concrete religion. From a young age, I have been taught to abide by the Hindu culture, although this does not necessarily mean I missed out on the opportunity to celebrate multiple holidays outside of my culture. Annually, my family and I celebrate numerous festivals and celebrations even though they may not relate to our specific religion or culture. It is noticed that all children can open-mindedly accept cultural patterns more easily than adults, and this may be for numerous reasons. While observing Guthrie’s theory about children learning new cultural patterns more easily than adults, I believe it would help me empathize with multicultural parents and their children by understanding the fact that young children may be curious, or feel the need to ask questions about their religion and culture. As a young child, I was never to sure about the reasons as to why we celebrated a certain tradition, or why we prayed to the specific gods that we did. Furthermore, I never felt comfortable enough asking my parents because I felt that might lecture me about religion or even look down on me. Just as I did, I believe that many  children would also be struggling with grasping the concept behind their specific religion. As an ECS professional, I would be more than willing to explain, and empathize with multicultural parents and thei r children. This is why I believe that it is critical for ESC professionals to have a clear foundation based on religion, and culture of all sorts. Part Two C While being raised to have an open mind towards religion, culture, and traditions, I find that it will be first nature for me to understand the variety of struggles that many immigrant parents had to deal with in their past. Coming from a family where my father emigrated from India, I have a broad concept of the struggles and difficulties many multicultural parents and their children may be trying to over come. While being a new immigrant, my father only knew how to speak his first language, which was Punjabi. Moreover, while he first came to Canada he only had a limited amount of money, which would only suffice him for a short period of time. Comparatively, while I was growing up, English was my first and only language, which I knew how to speak at the time. As a result, this had made a language barrier between the two of us from a young age. Even at the present age, my father and I have found ways to work around this, such as him speaking in Punjabi while I may respond in English. While dealing with this obstacle for a majority of my life, I have found ways to deal with this problem, and work around it. While working as an ECS profession, I believe that my past experience having first hand difficulties with language would be a great addition working in a child welfare agency. For instance, if I were observing a child struggling with his or her peers, I would suggest communication skills that would benefit the both of them, while teaching them skills that they could use in the future. In addition, I believe that it is important for children of all ages not to judge different cultures or languages, simply because they may not understand that specific religion This paper briefly explained the transactional and situational nature of my culture identity and how it would help me as an ECS professional. Furthermore, by using one of Guthrie’s five theories, I justified and related it to myself describing how it would assist me in helping  multicultural parents and their children. In conclusion, I believe that it is essential that ECS professionals reflect upon themselves, and their overall identity, in order to grasp the value of tradition and culture in students, and multicultural parents everyday lives. References Raksha Bandhan. (n.d.). Society for the Confluence of Festivals in India. Retrieved from http://www.raksha-bandhan.com/

Flow Charts and an Accompanying Memo Assignment

Flow Charts and an Accompanying Memo - Assignment Example The company has been spending considerable amounts of resources and time and ending up with the wrong candidate. It is the right time for a change for the betterment of the Company. In order to guarantee a steady growth and attainment of the set company objectives, it is of the essence to consider a dynamic recruitment process. It is also apparent that many companies, at present, are adopting innovative recruitment processes for senior-level staff members, especially our competitors. Additionally, our competitors have broadened their horizons on the subject of recruitment approaches. In particular, Companies are investing in the social media channels, such as Facebook, Twitter, LinkedIn and Job websites to find prospective employees. On the other hand, companies consider the mobile and online applications to recruit staff members. These activities indicate that managers and human resource administrators see the value of technology in targeting the highly qualified and relevant candidates for job positions. It is also clear that acquiring the right candidate for distinctive job positions is not an easy task. This is considering that our company has been spending considerable amounts of time, money and resources in conducting a recruitment process (wh ­ich entails combing through hundreds of academic and work portfolios) and still end up with hardly any reliable candidates. The Master Computer Services Company must adopt new and innovative ways of recruitment of its senior staff members in order to save on the recruitment costs and resources. This will be made possible by considering the following new and innovative recruitment approaches. Social channels of recruitment - Social channels are developing fast and many employers are considering using the social media to reach out to the potential candidates.

Secret reserve accounting is likely to create conflict between Essay

Secret reserve accounting is likely to create conflict between management, shareholders and employees - Essay Example It would represent the surplus of available assets over the capital and liabilities. It is not apparent in the ledger too. Creating secret reserves is likely to strengthen the financial situation of the organisation concerned. The actual financial position and the financial position observed through the balance sheet would be different – the financial position of the company would be stronger than its apparent situation on records. As a result, conflicting inferences are likely to be obtained when it comes to secret reserve accounting. Creating secret reserves will definitely involve the management, some of the employees and the shareholders are likely to remain in dark. Secret reserve accounting will not show even under the suspense account and affect the capital flow in a concealed fashion. Undervaluation of available assets, omitting the rise in asset values, providing extra depreciation on the assets that are fixed, etc. are the methods of secret reserve accounting. In thi s context, the question is in the form of the following statement: Secret reserve accounting is likely to create conflict between management, shareholders and employees. – Critically discuss. ... After that, the various conflict scenarios between the management, shareholders and employees will be critically discussed. Last, the conclusion will be drawn with the final opinion about the research statement. Literature Review The academic literature in the context of secret reserves reveals interesting opinions and scholastic approaches. First, a view on the nature and scope of secret reserve as an accounting term should be considered. â€Å"Secret reserves – this accounting term has been made to cover a multitude of sins: whenever objection is taken to pessimistic writing off of invested values, or disproportionate charges of depreciation, or again to charges to operations or revenue, for capital expenditures which should have been applied to the increase of assets, the answer is, secret reserves.† (Esquerre, 1978) So if the owner of a corporation is creating secret reserve and implementing related accounting practices, his/her capital assets have likely been knock ed down into the pit of secret reserves and that their book value, as it stood at the time, was likely preposterous. Hence the questions in issue would be: Does the owner want to deceive the shareholders, the government, the public or his own self? Does he wish to submit to the directors, the shareholders, the banks and the public, financial statements with a mental footnote to the effect that things are not in truth what they would show on their face? And if it is well to hide the owner’s wealth from some people (in his perspective), can it be believed that anyone capable of reading balance sheets is not in a position to follow accounting facts from year to year, and to point out fluctuations in wealth not supported by the statement of income submitted, and thus unearth secret

Farming societies Essay Example | Topics and Well Written Essays - 750 words

Farming societies - Essay Example In simple farming societies economic activities are not separated from religious, political and social aspects (Walrath and Prins 51). The economic system of a farming society largely depends on production, distribution and consumption of goods. However, there many types of economic systems which include: traditional and modern, industrial and non-industrial, and small scale and large scale economies. In the small scale societies that are non-industrial, land and other valuable resources are usually controlled by groups of related people and individual ownership of land is rare to find. The division of labour is done according to gender and age of the members of the society. Simple farming societies also practice specialization of arts and crafts, although, production is carried out only for the quantity required at that moment. Most of the goods produced are consumed by those in the group that produces them. This is different from the economic organization of large scale industrial and post industrial societies (Walrath and Prins 59). ... The exchange of goods and services is also done as a ritual or for prestige purposes (Walrath and Prins 86). This is where distribution of goods is done by the governments or the religious elite who collect and allocate resources. Locations of exchange of goods and services are designated in certain areas. Here, people meet friends and strangers, find entertainment and trade goods. However, in industrial societies, exchange is indirect, impersonal and mediated through money or capital assets in form of shares and stocks. Moreover, in the digital age, trade can be conducted on the internet with personal contact. The major characteristic among farming societies is Cooperative work groups regardless the society’s industrial capability. For instance, in cases the work group involves the whole community a festive mood permeates the work. In most societies, cooperation basically starts at the household level. Through cooperation, farming societies are able to allocate duties of prod uction and distribution, as well as, allocation of goods and resources. There is great diversity in the types of specialized tasks that are performed. However, although specialization has increased in the farming societies, modern technologies have influenced them such that division of labor on the basis of gender has become less relevant. In modern farming societies, each member is knowledgeable on all aspects of work although specialization is still maintained (Walrath and Prins 43). According to Walrath and Prins, Simple farming societies are firmly rooted in the cultures of people in their communities (101). This culture is passed on from the older generation to the younger generation. By doing this, the younger members of the farming society,