A Case Study Analysis on the Strategic Alliances of Audio Duplication Services, Inc. (Ads) Essay Example

A Case Study Analysis on the Strategic Alliances of Audio Duplication Services, Inc. (Ads) Essay Abstract Logistic strategy is vital part of company’s goal to reduce cost, gain more profit and improve supplier-customer relationship. This paper studied the logistic process of Vanity Products to have a grasp of how logistic works and affects the flow of supply chain. Guide questions are answered to have a better understanding on the logistic and warehousing; and how these decisions must be well thought. Evaluation, conclusions and recommendation are done to know the best alternative for Vanity Products. Introduction Background and Significance of the Study The strategic decision with regards to alliances is an option for firms to improve and strengthen their respective firms. Strategic alliances is said to be a multi-faceted, goal oriented partnerships of companies in which each shares resources and rewards but the risks involved is also shared. In deciding whether such alliances will help your firm, several factors should be considered. These factors are, if this would add value to the products, if this would improve the firm market access, if this would strengthen the operation, if this would enhance strategic growth and organizational skills, and if this would build the firm’s financial strength. The decision if one firm should make an alliance to another company is something that is thought thoroughly. We will write a custom essay sample on A Case Study Analysis on the Strategic Alliances of Audio Duplication Services, Inc. (Ads) specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on A Case Study Analysis on the Strategic Alliances of Audio Duplication Services, Inc. (Ads) specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on A Case Study Analysis on the Strategic Alliances of Audio Duplication Services, Inc. (Ads) specifically for you FOR ONLY $16.38 $13.9/page Hire Writer This strategic alliance is a very big step for any firm and the firm should be very critical in making such decisions because the benefits are high and so the risks in this kind of arrangement. Objective of the Study This study aims to: 1. Study and analyze the strategic alliances of Audio Duplication Services, Inc. (ADS) 2. Evaluate the alternative of ADS on its logistics management 3. Study and analyze the benefits of Vendor-managed inventory(VMI) Key Terms to Remember Shipping Cost – Third Party Logistics- the use of outside company to provide for a particular services to perform all or part of the firm’s material management and product distribution functions Strategic Alliances – agreement among firms in which each commits resources to achieve a common set of objectives Vendor-Managed Inventory (VMI)- a family of business models in which the buyer of a product provides certain information to a vendor Results and Discussions Case Questions 1. Why are ADS’s customers’ customers moving towards VMI arrangements? ADS’s customers’ customers (i. e. etailers) are moving towards the VMI arrangement so that the likelihood of being out of stock is reduced and the inventory level in the supply chain is also reduced. This will be achieved because through VMI the retailers could provide a continuously updated point-of-sale (POS) to the record companies. By then, the decisions that will be made by the record companies like how much of each album, CD, and cassette title is delivered and when each delivery is made will be more accurate because the records company’s data is updated. 2. How will this impact ADS’s business? How can ADS management take advantage of this situation? This decision on VMI arrangement will have a big impact on ADS. The ADS management should take advantage in the new arrangement because through this they could maintain a more accurate inventory level. Because in this kind of arrangement, the ADS takes full responsibility on the inventory level and through VMI they could have a more accurate inventory level and also ADS could deliver the product on time. 3. How should ADS manage logistics? The ADS should manage logistics by hiring a third party logistics to manage the logistics in their supply chain. This decision is based on several reasons. One of these is that managing logistics is not one of the expertises of ADS Company and by hiring a third party logistics the ADS Company could now focus on their competency of cassette duplication. Also, the new arrangement of direct shipping to the stores would incur higher shipping cost for ADS because of a more complicated route that unlike before there is a distribution center where the products are shipped; in this situation it is very logical for them to hire a third party logistics so that the path networks of these stores would be manage efficiently by third party logistics who are experts in this things. Another reason why ADS Company should not opt to buy a fleet of trucks is that this alternative would require a very high capital investment. Thus, ADS should hire a third party logistics to manage their logistics. 4. Why are the large national retailers moving toward a direct shipment model? So that the product would get into the specific stores where it is needed on time and with the right quantity. Also, direct shipment model is important in a business to reduce the lead time especially for a company whose nature is already changing due to the changing technology. Conclusions, Recommendations, References, and Other Details Conclusions Ultimately, a business organization’s goal is to make profit. But one cannot forsake the quality of the product as well as the satisfaction of customers. In this case, the customers of Vanity Products made changes in terms of ordering the products they need. It was very challenging for VP to adapt to the changes made by the customers since significant changes have to be implemented to address the demands of customers. VP encountered problems regarding cost as well as logistic service. With this, Tom White recommended a solution where different warehouses will be established near the customers. In the long-term, it is beneficial to the company because it decreases the cost in terms of transportation. Recommendations From the main discussion, Tom’s proposal is the best course for Vanity Products. The requirement of the customers that the products be delivered within five days will be met. At the same time, the cost of VP will be lower compared to that of delivering less than truckload quantities to a specific store or using a peddle run method to deliver a full truckload quantities to a set of stores or customers. Thus, the best alternative or solution to the problem is to implement Tom’s proposal. References (1)J. Heizer and B. Render. (2010). Operations Management. Tenth Edition. New Jersey: Prentice-Hall, Inc. (2) Munley. com. Truck Accidents Glossary. Retrieved February 4, 2013 at http://www. unley. com/truck_glossary/legal_glossary_p. html (3) Businessdictionary. com. Freight Costs. (2012) Retrieved February 4, 2013 at http://www. businessdictionary. com/definition/freight-cost. html Other Details â€Å"A Case Study Analysis on the Strategic Alliances of Audio Duplication Services, Inc. (ADS)† IE 191 Section: V Date of Submission: March 21, 2013 Contributors Signature Members: Josol, Patricia Beatriz| ___________| Palomar, Romelyn Mae| ___________| Tena, Mara Alyssa| ___________|

Global forces and Western European brewing Industry

Global forces and Western European brewing Industry PESTEL analysis of Western European Brewing Industry Political factors Unfavorable attitude of European governments toward beer and alcoholic beverages, in general. These products are regarded as demerit goods which means that their consumption has to be restricted. This results in numerous legal regulations on the advertisement, marketing, and production of such products1. Economic factors The decrease in consumption of beer. In many European countries such as Belgium, Denmark, Norway, France, and the United Kingdom bear consumption level dropped significantly within the period between 2000 and 2007. Merges in the industry due to global pressure of consolidation. Economic recession in Europe and the United States2. Social factors Growing concern about the dangers of alcohol consumption. The changes in the buying behaviors of consumers, especially the growing popularity of wines3. Increasing demand for alcohol-free beer. Low birth rates in European countries4 and increase of pop ulation In Asian countries and India. Technological factors The development of new technologies which can facilitate the production and storage of beer. For instance, one can mention those technologies that improve beer recovery process or filtration5. Environmental factors The demands to make brewing process more eco-friendly, for example, we can speak about the necessity to reduce the discharge of chemicals6. The necessity to develop an alternative to conventional bottles or aluminum. cans. The main purpose is to make beer containers more recyclable. At the given moment, the influence of these environmental factors is not very strong but this issue can become much more urgent within the next two decades. Legal factors Stronger enforcement of laws prohibiting underage consumption of alcohol. For instance, one can mention such plan â€Å"Think 21† which is aimed at reducing the availability of alcoholic beverages to adolescents7. Similar laws and restrictions are impose d throughout Europe and the United States. Tight governmental control over the production of beer. Porter’s Five Forces The threat of new entrants Currently entry barriers are very high because brewing industry becomes more consolidated, and the majority of the companies operating in this market are economies of scale.Advertising We will write a custom essay sample on Global forces and Western European brewing Industry specifically for you for only $16.05 $11/page Learn More According to the data, presented in the case study there are ten international brewing companies which control more than 30 percent of global market share8. These corporations can pursue cost-leader policies, and new-comers will find it difficult to compete with them. Therefore, the threat of new entrants is not significant. The threat of substitute products Wine and some non-alcoholic beverages can be viewed as substitute products; however, drinking beer is rooted in the tradit ions of many countries and it is important from social point of view. This is why it is rather unlikely that this beverage will lose its popularity. Hence, the threat is more or less moderate. The power of suppliers The main suppliers of brewing companies are the packaging manufacturers and agricultural sector. Each of these industries is highly concentrated, for instance, there are only three can producers in the UK9, and breweries dictate their terms to them. The same thing can be said about the suppliers of barley or grains. Thus, the power of suppliers is relative strong. The bargaining power of customers The main buyers are supermarket chains such as Tesco or Carrefour. Brewing companies sell them approximately 67 percent of their products10. Thus, these customers are very important to breweries and they can make concessions to them, especially if we are speaking about the price. Thus, the power of customers is very strong and it can become even stronger. The Intensity of compe tition The industry is very concentrated and the competition between companies is very intense. In 2009, ten brewing companies produced more than 60 percent of global beer volume11. Under such circumstanced competitive advantages can be gained by introducing new products such as fruit-flavored beer.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Discussion PESTEL analysis and the study of Porter’s Five Forces indicate that brewing companies must be aware of the following challenges. Legal and social factors will produce the most adverse effects on this industry. These companies should remember about changing lifestyles and increasing awareness about the dangers of alcohol consumption. The same thing can be said about legal restriction on the marketing of beer. This is why they need to emphasize the healthfulness of their products. They must prove that beer should not be vi ewed by the governments as alcoholic beverage and a demerit good. In the future, they may have to increase the production of alcohol-free beer. Secondly, they should explore new markets for their products, especially in such countries as China or India. The thing is that the consumption of beer in Europe can decline even more due to the decrease of population in this region. Finally, these companies should develop their own distribution networks in order to diminish their dependence on super or hypermarkets. At this point, they are the main customers of brewing companies. The impacts of global forces on specific companies Anheuser- Busch InBev The products of Anheuser- Busch InBev are well-positioned in the markets of different counties. This company possesses such famous brands as Stella Artois, Beck’s or Budweiser. Its main strengths are well-developed supply chain and close cooperation between various divisions 12. This company ensures that the best practices are quickly s hared across different breweries. However, it has some weaknesses as well. They have to manage more than 300 brands and this is quite a challenging task. Secondly, the legal status of this corporation is not secure since in many countries is viewed as monopoly. Greene King The main strength of Greene King is that it has its distribution network. This company runs more than 200013 pubs across the UK. Hence, they are less dependent on hypermarkets. Moreover, many British customers feel strong affiliation to this brand. However, there are several significant weaknesses.Advertising We will write a custom essay sample on Global forces and Western European brewing Industry specifically for you for only $16.05 $11/page Learn More First, this company has not fully explored international markets and in the future they can suffer losses due to the decline of beer consumption in the UK. Additionally, in the recent year public image of this company suffered significant ly, because it is accused of monopolizing the UK market and closing many local breweries. Tsingtao The key strength of this company is that it is very well-posited in China, one of the largest markets in the world. Furthermore, this company has successfully entered European and American markets. The main weaknesses of this organization are more related to its external environment. Tsingtao operates in a very regulated market and it can be controlled by the Chinese government. Finally, some of its brands are not familiar to European customers. Reference List Blee M R. Whittington. â€Å"Global forces and the Western European Brewing Industry†. In G. Johnson (ed.), Exploring Strategy, 9th edn, Pearson Education, New York, 2008, pp. 1-3. Bereridge F S. Velutti. Gender and the open method of coordination: perspectives on law, governance and equality in the EU, Ashgate Publishing, New York, 2008. Moens, G. J. Trone, Commercial law of the European Union, Springer, London, 2010. Porter. M. On competition. Harvard Business Press, Cambridge, 2008.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Proctor A. Alternatives to Conventional Food Processing, Royal Society of Chemistry, London. 2011. Lewis M. Bamforth C. Essays in brewing science, Springer, London, 2006. The Department of Health. Youth Alcohol Action Plan, Home Office, London, 2008. Footnotes 1 Moens, G. J. Trone, Commercial law of the European Union, Springer, London, 2010, p. 62 2 Blee M R. Whittington. â€Å"Global forces and the Western European Brewing Industry†. In G. Johnson (ed.), Exploring Strategy, 9th edn, Pearson Education, New York, 2008, p 2. 3 Blee M R. Whittington, p 1 4 Bereridge F S. Velutti. Gender and the open method of coordination: perspectives on law, governance and equality in the EU, Ashgate Publishing, New York, 2008. 5 Proctor A. Alternatives to Conventional Food Processing, Royal Society of Chemistry, London. 2011, p 237 6 Lewis M. Bamforth C. Essays in brewing science, Springer, London, 2006, p 170. 7 The Department of Health. Youth Alcohol Action Plan, Home Office, London, 2008, p. 16. 8 Blee M R. Whittington, p 2 9 Blee M R. Whittington, p 2 10 Ibid, p 2 11 Blee M R. Whittington, p 2 12 Blee M R. Whittington, p 3 13 Blee M R. Whittington, p 3

Determinism Essay Example | Topics and Well Written Essays - 1000 words

Determinism - Essay Example Free Will, Soft Determinism, (In)compatibilism Some of the eternal normative questions such as that of morality too have shaped the major arguments of compatibilism. The problem is that without free will, it is believed that there cannot be any morality among the human beings. The issue is ultimately about human choice. The starting point of the debate is not that what the choice must be. On the other hand, the question here is about whether human beings have the choice of choice at all, especially in their crucial actions with regards to life struggles. Pippin proposes that â€Å"freedom is understood by Hegel to involve a certain sort of self-relation and a certain sort of relation to others; it is constituted by being in a certain self-regarding and a certain sort of ‘mutually recognizing’ state. This state of self-consciousness and socially mediated self-reflection, defined in a highly elaborate systematic way as a ‘rational’ self- and other-relation, c ounts as being free† (p. 194). It means that free will is not only constituted with relations to one’s self but also in relations to other as well. Free will, in other words, is constituted by a dialectical relationship between the individual and the society. Here, in Hegel, the conflict between free will and determinism progressively blurs. One of the most important questions that need to be addressed reflexively is the problems of whether determinism is inconsistent with free will. But, one could argue that there is no given inconsistency as such between determinism and free will based on his/her lived in experiences alone. If the actions of a person are completely determined by rational factors, we must be in a position to correctly predict that person’s future course of action as well. No determinists have ever come up with a mechanism to do so whatever determinism they preach in theory. According to Steward, â€Å"it appears that it is a matter of luck in s ome sense that we ever manage to decide things, but this luck does not appear to prevent those decisions we do manage to make from having been truly up to us. And this means that we must be cautious, in turn, about the demands we impose on the libertarian. In particular, we must not insist that the libertarian story entail that luck be entirely absent from the arena of action† (p. 169). The dialectics between chance and necessity of course have a crucial role in understanding the interactions between free will and determinism. God or the ultimate determinism must itself be seen as an expression of the free will of the universe. Pippin suggests that â€Å"treating Geist itself as a kind of norm; a collective institution whereby we (remaining the natural organisms we ontologically are) hold each other to a responsiveness to and directedness by reason, and thereby realize spirit as ‘freedom† (p. 204). It is the universal and human beings’ hold with it determin es our free expression of the will. The free will does not exist independently. It materializes itself only in the given conditions. To argue that human beings are completely governed by their decisions is completely wrong. Even our own decisions do not determine our own behavior or a particular course of action. It is one of the strongest assertions of Steward is that â€Å"decisiveness is an executive virtue we do not all possess – so vacillation – even vacillation that is ultimately fatal to treasured aims - does not constitute the sort of behaviour we cannot make

The Stock Plans Essay Example | Topics and Well Written Essays - 1500 words

The Stock Plans - Essay Example The major difference between the two accounting methods is that the intrinsic value based method overstates the income of the company. This method does not reveal the fair value of the stock, whereas the fair value based method, which is also recommended by FASB is based upon the estimated fair value of the company’s stock. Amount Of Compensation Under a stock options plan, 100 shares were offered to each employee that was purchased or exercised at $45 per share i.e., the grant price. The stock options would cost them $4500 ($45x100). However, the current market price of the stock is $60, which makes $6000 ($60x100) if sold in the market. The shares would obviously be sold on the current market value and hence each employee would get the difference ($6000-$4500) between the grant price and the current market value. The total amount of compensation that each employee would get is $1500 making the total compensation of $3000 paid by the company to two employees. Recording Of Sto ck Options In XYZ’s books The US GAAP requires the companies to expense out the employee stock options on the fair or intrinsic value, as well as disclose it in the company’s financial statements, which is supposed to decrease the company’s earnings significantly. Therefore, an expense will be recorded in the books of XYZ Corporation against the amount of employee stock options as per the accounting practice of FASB and the corresponding expense will be disclosed in the company’s financial statements.

Inputs of Industrial Services of America Research Paper

Inputs of Industrial Services of America - Research Paper Example Besides, all these essentials are interconnected. As such, they must work together, and a change in one must result in the subsequent change in rest, for the model to be effective (Burke, 2010). According to the pioneers of the model, the first input of an organization is the environment. This entails the external factors of an organization, having significant implications on a firm’s ultimate achievement. The model deems the environment transformation to be having a significant compulsion to an organization’s definitive transformation (Burke, 2010). The model is anchored in the principle that the organization is an open structure, where the outside surroundings have significant impacts on its subsystems. Additionally, the firm ought to apply environment change to review the changes within an organization. The next input of the model is resources. According to Nadler and Tushman, an organization acquires inputs from within and externally to the firm, and then changes th em into outputs. The output may comprise of the firm’s actions, performance, as well as its behavior. Additionally, these occur at the individual, group, and wholesome stage. As such, if an organization is performing below the set objectives, it ought to review its resources. These resources may include capital and information, along with others (Burke, 2010). A firm’s history is also essential for the success of a firm. Various firms substantially rely on their history for success. Companies with well-known products usually possess a niche over their rivals. However, a firm’s history may be detrimental to their objective achievement, since their competitors may use it to their advantage. This may be through counterfeit and... Various organizations face numerous crises in their endeavor to attain their set objectives. Therefore, there is a dire need for organizational transformation in order to keep these organizations on track and realize their initial purpose.Various organization experts have developed models to aid organizations in implementing organizational transformation. Nadler and Tushman together pioneered in the development of an Organization Diagnosis model identified as Nadler-Tushman Congruence model. This model is helpful, since firms employ it in improving an organization’s efficiency, and consequently, promoting the revenue accrual. The model also aids in determining the consequences of transforming an organization. Besides, it is critical to assess the nature and intensity of the predicaments an organization encounters prior to employing the model. The model also highlights the consequence of evaluating an organization before implementing changes in an organization. Besides, approac hes of organizational modification that worked elsewhere may not work within another organization. This has been the case of many organizations, where a new management staff employs an organization plan that worked in their earlier firms. This produces devastating results, since the predicaments facing their new company are dissimilar to the ones facing their former companies. Organizations encounter several challenges in their pursuit of set goals. These challenges may include competition, counterfeit and brand disputes among others.

Threat from Naturalised Wildflowers on Roadside Verges

Threat from Naturalised Wildflowers on Roadside Verges The Threat from Naturalised Wildflowers used on Roadside Verges for Native Forests and Agriculture. The naturalised vascular species of flora throughout New Zealand at present has similar totals to the native species (Williams Cameron, 2006), and newly naturalised species are being discovered at an increasing rate (Howell, 2008). Approximately 19% of all naturalised species are presently recorded as environmental weeds (Howell, 2008). Unfortunately, these statistics can, incorrectly, give the impression that New Zealand environments are inundated with an abundance of diverse weeds. Rather, the majority of naturalised plants, together with weeds, still inhabit a mere fraction of the wild-land habitats throughout New Zealand (Williams Wiser, 2004). In the centuries to come, it is predicted that weeds and other naturalised floras will increasingly occupancy areas of New Zealand, even for millenniums as has appeared to have occurred with Europe’s naturalised plants (Pysek Jarosik, 2005). The general origins of naturalised flora species were as decorative garden and feature pl ants (Howell, 2008), as such they commonly are present near human settlements (Timmins Williams, 1991). When random wild-land sites were surveyed few, if any, environmental weed species are generally found (Sullivan, Williams, Timmins, 2006). This suggests that environmental weeds are generally in the initial stages of infiltration into New Zealand’s environments, thus, there is an opportunity to curb further dispersal. Methods of long distance dispersal differ among environmental weed and naturalised flora species, however, the planting and sowing of naturalised flora species, particularly the wildflower varieties, on roadside verges both facilitates the establishment and acts as corridors for the dispersal agents of these species, for instance stock, people, and vehicles (Overton, Smale, Whaley, Fitzgerald, McGlone, 2002). It has been estimated that the naturalised flora species which are present along roadsides are disproportionately early naturalisations that were originally stock-dispersed, and from either or both recent or current agricultural use. The total richness of naturalised flora species on roadside verges can be reflective of habitat and aspects of the neighbouring land use (Ullman, Bannister, Wilson, 1998). Roadside verges, as well as riparian margins and various other ‘waste’ areas, contain patches of wild habitats that can act as reservoirs for naturalised flora species in what is otherwise intensively managed rural environments. However, some studies are indecisive when it comes to naturalised flora species utilising roadside verges as linear dispersal corridors autonomously of the neighbouring land. Rather, naturalised flora populations along roadside verges generally imitate the adjacent land and the naturalised flora communities present on that land. However, there wil l certainly be exceptions to this rule. One example in New Zealand is the Kaffir lily (Schizostylis coccinea) present in mid-Canterbury. This lily is spreading beside roads utilising the irrigation ditches (Webb, Sykes, Garnock-Jones, 1988). Roadside verges present an unusual, generally uninterrupted continuity of a mono-habitat. Given the variety of wild habitats that roads pass through, it is thought that this is indicative of a present absence of nearby sources that can be used for the purpose of propagating, or a propagule, for these species in the area. The role of propagule pressure at local scales in species distributions is well detailed by Levine (2001) in a related riparian structure (Levine, 2001). However, it is vague as to whether various ornamental naturalised flora species that are restricted to roadside verges could maintain their populations without the support of propagules from proximate cultivated sources, especially when it comes to competition from species that are more abundant, such as pastoral grasses, which disperse onto the roadside verges from the neighbouring land. Regardless of the typical dominance of species from neighbouring environments, roadside verges are not merely expansions of adjacent habitats (Angold, 1997) (Parendes Jones, 2000). Roadside verges are frequently continuously disturbed and possess altered soil conditions, particularly in close proximity to the traffic lane. They typically have high light availability, specifically verges next to high-traffic roads (Parendes Jones, 2000). This makes the proximal roadside zone a highly specialised habitat, which in the temperate zones of the Southern Hemisphere is normally occupied by ruderal, or pioneer, flora species generally originating in Eurasia, but they vary with regards to local climatic conditions (Wilson, Rapson, Sykes, Watkins, Williams, 1992). Over in Australia, tropical grasses often establish on roadside verges and before spreading into neighbouring open woodland (Amor Stevens, 1976). Generally, woody varieties of naturalised flora are more uncommon on roadside verges than herbaceous species; however, species such as pines and eucalypts (Healey, 1969) can be frequent on roadside verges, provided there is consistent available moisture and low disturbance rates. Such species as Cotoneaster spp. tend to be most common on roadside batters, which are generally less disturbed by roadside maintenance than the flat areas (Sullivan, Williams, Timmins, Smale, 2009). Naturalised plant species that are present on roadside verges can endure there as wild populations, yet they still may not infiltrate into the surrounding areas of agriculture and native environments. It is possible that filtering effects may be especially strong in climatically severe locations, even where the neighbouring short flora could give the impression that it is open to invasion. Herbaceous roadside naturalised flora are likely to be ephemerals, and are not able to penetrate neighbouring native vegetation, whereas successful invaders are inclined to be less ephemeral (Winqvist, 2003) and functionally similar to native species (Godfree, Lepschi, Mallinson, 2004). When it comes to prairie flora with a mix of native and naturalised ruderal species, the naturalised species are more likely to occur on roadsides than the native species (Larson, 2002). It is possible that similar patterns occur within New Zealand; however, ruderal species either native (Wardle, 1991) or naturalis ed on roadside verges are uncommon. On the other hand, where filtering effects are not as strong, the distribution of naturalised flora along roadside verges may alternatively suggest the initial stages of an invasion into the adjacent flora. In Europe, herbaceous flora could possibly be invaded from 50 to 100m from the roadside verge (Tyser Worley, 1992) and non-native evergreen woody species in the United States, invaded deciduous forests 120m from the roadside verge plantings (Foreman Deblinger, 2000). The effects of planting roadside verges with naturalised plants is exemplified in a study conducted by Sullivan, Williams, Timmins, Smale (2009) regarding the extent of Russell lupins (Lupinus polyphyllus) which has spread from gravelly roadside verges of the Mackenzie Basin into the adjacent degraded tussock grassland, riverbeds will also function similar to roads as key linear corridors for the spreading of plants (Sullivan, Williams, Timmins, Smale, 2009). In other circumstances, the discrepancy between naturalised flora on roadside verges and the neighbouring flora may be rather noticeable. Ruderal species are often limited to roadside verges or, for brief distances, into the neighbouring disturbed woodland in environments both different (Wester Juvik, 1983) and comparable to New Zealand (Pauchard Alaback, 2004). Whilst generally the Eurasian ruderal species do not establish within New Zealand forests, and it is more likely that the roadside verges will be invaded by shrubs and vines that possess comparable features to the native flora present (Williams, Nicol, Newfield, 2001). Within New Zealand naturalised flora on roadside verges are influenced by both climatic and altitudinal gradients (Wilson, Rapson, Sykes, Watkins, Williams, 1992) (Ullman, Bannister, Wilson, 1995). As the environmental responses are comparable to the responses documented in Europe, it has been recommended that establishment of all obtainable roadside verge sites by the naturalised species has occurred, regardless of the comparatively short time-span since their introduction to New Zealand (Ullman, Bannister, Wilson, 1995). However, this is unlikely to be true for all naturalised flora within New Zealand as generally there is a strong correlation concerning the time from naturalisation and habitation on roadside verges, as well as for the reason that there are numerous new naturalisations found on roadside verges (Williams Cameron, 2006). Roadside verges regularly offer the primary and closest opportunity for naturalised plants to establish past the restrictions of agriculture in what is an intensively managed landscape. 25% of recent naturalisations between 1989 and 2000 were gathered from roadside verges (Williams Cameron, 2006); though in part this is because of some sampling bias. The formation of an environment which naturalised flora will find favourable initiates with the construction of the road itself (Greenberg, Crownover, Gordon, 1997). A frequent effect of road construction is an elevation in the levels of the water-table on roadsides which aids the establishment of naturalised flora particularly in wetlands (Buckley, Crow, Nauertz, Schulz, 2003), whereas in more arid areas, the runoff delivers water and/or nutrients which then promotes the growth of naturalised flora (Williams Groves, 1980) more so than with natives (Angold, 1997). More often than not in New Zealand (Ullman, Bannister, Wilson, 1998), as well as in other parts of the world, naturalised grass species are some of the more commonplace roadside verge species (Tyser Worley, 1992), as the altered environment and roadside management is beneficial for them, more so than some of the other naturalised plant species, for instance woody species (Angold, 1997). In Westland, New Zealand, within the pakihi vegetation, the construction of roads has assisted the establishment and coverage of naturalised species by altering drainage patterns (as is the case with Carex ovalis) as well as increasing nutrient availability due to the soil disturbance (as with Holcus lanatus) (Williams, Courtney, Glenny, Hall, Mew, 1990). Roads themselves offer a way of accessing the land for a variety of modes of transportation from large vehicles to animals, and all may transport the seeds of various flora which are then deposited either haphazardly or specifically in various locations. Thus, it is possible for a species to invade more rapidly along roadside verges than across the landscape overall (Guthrie-Smith, 1953). This is indicated by the naturalised flora diversity and abundance found along the more developed roads (Tyser Worley, 1992) where the volume of traffic is greater, though the more developed roads may also possess a more altered and more regularly disturbed habitat along the roadside verge, as well as a higher density of human habitations. A mode of dispersal for various seeds and whole seed heads is the capability to be transported via some form of attachment, particularly to vehicles, specifically the smaller seeds which can be transported by the tyres of vehicles and in the soil itself that is a dhered to them (Schmidt, 1989). As a result, the seeds present on vehicles can originate from various habitats, and a small number of these species, comparatively, are found on roadside verges, yet the seeds of most naturalised species found on roadside verges are also persent on vehicles (Schmidt, 1989). Vehicles are capable of transporting not just the small seeds of naturalised flora species, which are more commonly than not grass species, but urban garden species as well which are generally wind dispersed (for instance Buddleja davidii) or dispersed via animals (such as Pyracantha spp.) (Wardle, 1991). The manner in which vehicles act as dispersal agents can be of particular concern to managers of natural areas, for example, in Kakadu National Park, they have found the seeds of roadside weeds in the tyres as well as the mud on vehicles (Lonsdale Lane, 1994). Unfortunately, a traditional method of washing cars is merely cosmetic, and does nothing to stop the spread of naturalised species via vehicles. As a result it is improbable that something can be done regarding seeds on private vehicles except in special circumstances, the most effective method to protect sensitive areas is to keep vehicles out altogether (Parendes Jones, 2000). Alternatively the approach of disregarding the dispersal vectors altogether and focusing on discovering the originating populations of naturalised species in sensitive areas (Lonsdale Lane, 1994) is possibly the best tactic in New Zealand, however, this may be unreasonable for locating naturalised species that have been spread by four-wheel-drive or ‘off road’ vehicles on tracks away from established roads. People who not only use roads but also the methods employed to maintain roads, principally the use ‘slashers’ on the roadside, are significant vectors for dispersal of naturalised species on roadside verges. Naturalised flora species are particularly dependent on these practices for their vegetative spread, species such as domestic hops (Humulus lupulus) within the Buller catchment, Nelson (Sullivan, Williams, Timmins, Smale, 2009). However, domestic stock is still the primary vector responsible for the dispersal of naturalised agricultural seed species in other parts of the world (Tyser Worley, 1992) (Pauchard Alaback, 2004), because they were preceded the introduction of stock transportation vehicles in New Zealand (Guthrie-Smith, 1953). While currently stock droving is not really practised within New Zealand, it is still possible for stock to disperse the seeds of naturalised species when they get transferred around (Tyser Worley, 1992). For naturalised species of flora to be actively planted and sowed on roadside verges, for the use in methods such as erosion control and even via the dumping of garden waste, has resulted in some significant invasions of flora, for example in the United States, Japanese honeysuckle (Lonicera japonica) was used on roadside verges for erosion control and bank stabilisation. However, it quickly became a problem due to its rapid growth rate and capability to displace native plant species (Williams, Timmins, Smith, Downey, 2001). Japanese honeysuckle is also a problem in New Zealand (DOC, 2014). Russell lupin (Lupinus polyphyllus) is another species commonly found on roadside verges throughout New Zealand and presents a threat to native areas. As they are an aggressive species presenting a particular threat to Canterburys braided riverbeds, with the potential impacts it could have these ecosystems. Roadside verges are among the areas of habitat suitable for use by environmental weeds and naturalised flora species as they advance their invasions into areas of natural vegetation within New Zealand’s landscape. Consequently, the protection of New Zealand’s sensitive and valuable conservation reserves from invasion by environmental weeds and naturalised flora species would definitely be advantaged by the control of planting and sowing roadside verges with naturalised wildflowers, particularly when used in combination with other weed control methods in neighbouring habitats that would be suitable for naturalised species. Carrie Page

The Passion of Joan of Arc by Carl Dreyer 1928 :: Essays Papers

The Passion of Joan of Arc by Carl Dreyer 1928 God, how dull. Way too many minutes of attempted silence are the ear plug door prize of this fine art gallery. At least Andrei Rublev has quiet singing and what often seem randomly included sounds. Instead, the viewer is guided by a docent of grasping faces, with their dramatic fingers outstretched, into a little love affair with decency on the screen. The Passion of Joan of Arc (Carl Dreyer 1928) is full of faces hard at work with substitute verbs for â€Å"say†. Jean the face, almost always in the majority of the screen when pictured, proclaims, prophesizes and replies while changing angle (mostly falling flatter in a turn to the left) and how incredibly wide open her eyes are. Monk face after monk face, occasionally with a body, plots (using â€Å"craft†) against and barks at the conniving witch Jean. These man faces are remarkable for their aged hardened brutal ugliness, whereas Jean is hip before its cool in her mastery of an androgynous yet medieval look. She’s the only man here worth your time. But where is her body! She bleeds, cries, burns, and even drools on her own hand after her hair is cut. That is it, her body is present in its pouring out. Once the man monk face spits on Jean, if we read the film with shots and reverse shots stitched together for theatrical effect, albeit obnoxiously from perspectives onstage. But it is still her face, her characterization, that is instilled with the touch of saliva. Her motor fluids run backwards, she gives out and off. No person takes in anything but words and wounds. Pool of water, the lone mirror shot, takes in man who says â€Å"long live Jeanne!†. But it is alone. Alone with God. For arm is cut. Silhouette is burned. Imagined self (and imagination at the same time) tortured with the spinning reel of a spiked pain machine. Peasants and soldiers hit with morning stars, spears, and parts of the body, perhaps. But then all that unfolds after Jean is unclear. O nce her life hangs clearly in the balance, the old rules no longer apply. The camera has found a new perch. Bat-like, suspended by the gate, swinging upside down.

Clean Air

The Economic effect: clean air actBy:College:Course:Professor:Date:AbstractThis research will give a recap of the evolution of clean air act and the adverse effects it has had on our economy since its formulation. Throughout my undergraduate studies I have analyzed the growth rates and fluctuation trends of our economy, I scrutinized how the environmental laws favor or discriminate against giant companies and gave comprehensive conclusion. I used previous environmental reports from researches carried out by federal environmental agencies and compared them to recent reports after president Donald Trump scrapped out some environmental laws that affected large petroleum and coal mining industries. I also designed questionnaires to the general public, professors, economics elites and workers that are employed in companies that are rated to produce health hazardous products like fertilizers. Every set of people had a unique set of questions to answer. I picked these broad array of respondents so that I could have accurate information and hence a good analysis of the topic. The questionnaires relayed some very interesting statistics and I must acknowledge the participation of every respondent. I decided to dwell on this topic in a bid to sensitize people on the effects of the environmental laws and motivate them to speak out on the sensitive issue. This was after the sad realization that the general public tends to ignore the broad environmental as they perceive it not to affect their daily lives. In my research I have recommendations for the federal environmental agencies, the lawmakers and the general public. The economic effect: Clean Air Act influence on the dollar Every law that is formulated usually has good or detrimental effects on the topic it touches; health laws cause a positive disruption on the health sector, criminal and marital laws have a bearing to the social aspect of humans and so do many other laws. Before the lawmakers pass laws they should first dissect the topic extensively as each law has to stand on another sphere and slightly if not adversely affect it eventually. Expert insights on the topics should be accommodated as experts usually have insights on different variables affecting a constant. Public participation should be encouraged and their opinions on the matter should be prioritized before any other parties' opinions; this is because all laws are usually formulated to shield the general public from certain adversities and discrimination.Failure to collect and include views of the general public to the clean air act was the first and most regrettable mistake the federal government ever did since it was tabled in 1963. The date is not clearly marked as the act became a landmark later in 1970 then later on 1990 when the laws were further studded (starobin-1990). I admire the nobility of the pioneer law makers as they thought the laws will save humanity from early demise but I will show how the laws have rubbed a negative impact on the economy and less impact on the topic it was meant to benefit; health. Over the years the years the federal government has been struggling to sustain if not grow its economy, the question they failed to ask themselves is; what economic impact does the clean air act have on our country? They would be having a precise answer to that eerie question if they would have accommodated views from economists.The clean air act does not stand on its own ground; it falls under environmental laws which encompass other laws like the clean water act. The environmental protection agency (EPA) is the federal body mandated to analyze, implement and review the laws. Under it are numerous specialized agencies that were brought together to boost the efficiency of the whole environmental protection agency. In my report I will be using the common abbreviations to denote these agencies. In the broad umbrella we have the office of technology assessment (OTA) which a body that monitors the use of technology and how it affects the environmental laws. The national acid precipitation assessment program (NAPAP) was created in 1989 to monitor the harmful substances in the rain and the effects it has on people, infrastructure and the agricultural sector. The maximum available control technology (MACT) is the agency under EPA umbrella that designs and assigns technologies to industries that produce harmful substances (e.g sulphuric and nitrogen air. Later on the national ambient air quality standard was introduced to keenly monitor the trends of harmful standards in air (kopp-1989) To set up all these bodies required a lot of money, money which had to be coughed up in hard cash from the national coffers. In the body of paper I will give a brief history of the agencies and the exact funds that were used to set them up, to be relevant I will also tell you the timeline these bodies take to do research and the cost behind them. Further, I will state the time they take to implement their recommendations then enumerate if the implantation has effects to the environment and the economy. For clarity, I will contrast the information with the findings of my research that largely depended on people views backed up financial data from business articles from reputable press companies. This report will give us a better understanding of the dynamics around the clean air act.The economic effectThe state averagely spills over $92 billion annually to ensure that all stakeholders comply to the environmental laws set. The clean air act is serviced by more than more $28 billion and the clean water spends over $29 billion (. The number skyrockets when we talk of other bodies that deal with regulation of hard harmful substance like fertilizers, pesticides, fungicides and herbicides as they spend over $32 billion annually in running of their functions. We discover that when setting up the institutions to implement the clean air act the federal government had to wait for 10 years for the bodies to make researches and draw conclusions. Here the state spent over $500 million in setting up and equipping the bodies, a further recurrent expenditure of $426 million was used annually to keep the organizations functioning. From 1970 to 1990 a whopping $8.52 billion in setting up and maintenance of the clean air act alone. After the first set of 10 years of research, the clean air act was studded and to comply with regulations; affected companies had to part with $4 billion dollars in a bid to comply with the environmental laws. A research by private companies stated the figure hit over $20 billion annually (denny-1990). The companies were supposed to reduce emission of sulphuric air by 10 million tons and nitrogen air by 2 million tons per year. In 1980 the government launched another program; the national acid precipitation assessment program (NAPAP) and gave it $500 million to carry out its research in a span of 10 years. The program was supposed to study the effects of acidic rain on land and water areas. The findings were good for the health topic but the money pumped in keeping the program running did not return profits. The much awaited findings were; the quantity of harmful substances in rivers and lakes had risen but the rise could not be attributed to rain alone as there were other hard toxic substances in the water. The finding authenticated the claim that acidic rain degrades infrastructure but they said the rate of degrade was very slow and could be matched up by apt maintenance. Another astonishing finding was that acid rain had no effect on agricultural products and production. Car manufacturing industries were also devastated by the laws as the cars had to be fitted with technological sieves to reduce carbon emission after fuel had been burned. This had to be done immediately as the state did not want to take more time as the research had taken more years. In effect the car manufacturing companies had to add an extra $120 to $450 per car depending on the type of fuel the car used and its customizations (. Truck and plane manufacturers were also slapped with the new regulations and they realize a slash in their annual profits. When President George Bush administration came into office it had to oversee a further $3 billion annually being channeled into car, truck and plane manufacturers.Methods of researchAnalysis of credible economic articles from the internet 1963to 2017Analysis of the report written the environmental program agency Analysis of the annual national budget and its revenue streamQuestionnaires responded to by students, professors, workers and the general public.FindingsSince the clean act was passed the state has spent more than $40 trillion in establishing of the environmental bodies. This money was used in assembling the infrastructure, buying the equipment and payment of workers.The target set by the numerous agencies since 1970 are still a long way to be met as the only 5 out of the 20 harmful substances in air have been managed.Most people are unaware of the laws existence and even after researching about it they claim that they feel the laws don't improve the standard of their lives.Over 311 giant companies retrenched over a half of their workforce between 1980 and 1990, this indicates that 190,000 people were left jobless hence the state's capital stock lost over $37 billion annually throughout the yearsQuality of air in urban areas increased to 98%. The sulphur and nitrogen substance level in air has reduced drastically over time but other harmful elements like benzene are still in abundance (EPA-2000). This change was noticed in cities, I bet it is from the implantation of the gas fitters in cars that the change was noticed.When the maximum available technology control agency was formed, it oversaw companies part with $4 million each to fit the technology sieves on their chimnies. Mortality rates remained stagnant and worsened to former workers of companies that went out of business when the environmental laws were passed.ConclusionsThe state should prioritize the economic part as it is through it that it will get funds to run all other vital activities, it is only by a strong financial background that other institutions can stand. Since the formulation of the laws a lot of money that would have been used in the building of economy has been spilled on the assembling of different agencies within the environmental program agency. The money did not have any beneficial return as the findings that later came from numerous state funded research did not meet the expectations or prove the notions that; more regulations will lead to less emissions of harmful substances thus improve the quality and lower the mortality rate of humans.In a bid to enforce the laws more funds were used in aiding some companies abide by the rules but this did not save the companies from retrenching employees and later closure due to either non compliance or lack of profits. As years went by and the laws became less conducive, more companies shut down and with them more jobs. As all this was happening the mortality rates remained high as the prevention policies barely worked or if they did the effect was insignificant. The state focused on creating the laws and did not work on technological or medicinal mechanisms to reverse the effect of health hazards on employees that worked in petroleum, fertilizer, pesticides, herbicides and insecticide companies. The more they died the more the laws looked inefficient.Years went by and the states spending on the regulations increased with no positive visible effects. More companies went out of business and in extend the states revenue collection decreased. This meant that important projects stalled and people's livelihoods were lowered if not completely shattered.RecommendationsThe state should consider inclusivity of all stake holders. Things would be a little better if the government had considered taking profession views from economic experts; our economy could much better. The situation can still be salvaged and the professionals be allowed to make their reviews. Then it will be easier to amend the laws. Here I recommend the state to welcome economic experts on the round table and let their opinions matter. Company owners should also be left to add voice to the topic as the laws affect their enterprises directly; the more they are left out of the topic the more they will be kicked out of business. Non inclusivity leads to hostility and this will scare away investors. The general public should be allowed to cap the topic too as they are the direct beneficiaries of whatever the law dictates. The review timeline should be lowered from 10 years to round 2 years, development can be hastened and reversed if the effects are devastating by shortening the span. This span should be capped by short term policies that are to be met in it. It may seem that the shorter the lifespan, the more the expense because of the numerous activities; that is not the case the amount spent will be the same. In a span of 10 years you will hire a large lot of experts to carry out the research but if you break it down to two years you will have small sustainable number of employees that will have gained experience hence bring on board accurate data.The clean air act should be made flexible depending on the geographical setting of the company is and the importance of products it produces. If the laws on petroleum mining were not so stringent we could be having more oil to export and this will lower the unemployment rate in the state.Harmful substance research should be refined and be more specific. They should know the precise number of industries and population in a geographical area then deduce the effects. Most researches are carried out in urban areas but the laws that are passed from the specific researches are applied all over the country. The researchers should accept that different geographical areas have different quantities of harmful substances. It is only by perfection in research that the laws can be made flexible.Insurance laws should be studded just like the clean air laws to keep the health hazard companies that hire people in check. 0 They should state that upon discovery that the worker's health has been negatively affected in the line of duty that the compensation should twice as high the estimated value of the effectReference;Numerous reports done in 1979, 1989 and 1999 by EPA,The environmental program agencyResearch done in 1989 by Krupnick and koppThey worked for OTA, office of technology assessment.Book; Social cost of environmental quality regulations by Michael Hazilla

XYZ Corporation transition to IAS

XYZ Corporation transition to IAS Executive Summary Following the plan of XYZ Corporation to transition from GAAP to IAS, this report will explore the major areas that the corporation should take into account and recommend areas of importance. IAS reporting standards are universal reporting principles that will ensure the uniformity of financial reporting internationally. The major findings include that there will be a dramatic change in the names of financial statements.Advertising We will write a custom essay sample on XYZ Corporation transition to IAS specifically for you for only $16.05 $11/page Learn More The corporation should engage sound audit and reporting practices in their reporting mechanisms. The transition will come with heavy investments in the costs of developing employees and changing reporting structures. However, XYZ Corporation’s transition will offset the costs borne after it starts realizing the benefits of the transition. The report concludes that investing in t he transition will be a heavy investment with long term benefits thus a worthwhile development. Introduction The International financial reporting Standards (IFRS) were introduced in 2001 replacing international accounting standards (IAS) (Tweedie, 2004). The standards were offered by the IASB (International Accounting Standards Board). The standards are mandatory for all public companies listed on stock exchanges including the NYSE (New York Stock Exchange). The standards are implemented for the consolidated accounts reporting of companies (Gordon, 2008). Before the transition to IAS, every country had its own standards for guiding the calculation; GAAP (Generally Accepted Accounting Principles) standards. The rationale for the shift to IAS was based on the need to eliminate the incapacity of investors to reach informed decisions from the records drawn on the basis of GAAP (Beuren, Hein and Klann, 2008). Research Findings Making the transition to IAS will affect the financial recor ds of XYZ Corporation The transition from GAAP to IAS by XYZ Corporation will cause significant changes in the financial records of the corporation (Kwok and Sharp, 2005, p. 75). The changes include the significant change in the format of the financial records prepared, as opposed to those prepared under GAAP standards (Benzacar, 2009, p. 29). The statements of the corporation will change in the different areas mentioned. Next, the title of the corporation’s balance sheet will change from ‘balance sheet’ to ‘group balance sheet’, and the name fixed assets will change to non-current assets (Benzacar, 2009, p. 29; Tsalavoutas and Evans, 2010, p. 820). Capital and reserves are renamed as equity; profit and loss accounts are renamed to retained earnings, and the total capital invested is renamed as total equity (Benzacar, 2009, p. 29). Through the change of the names, the name titles of financial records will coincide with the information presented in ot her records, which will make it easier for outsiders to evaluate the financial health of the company in question (Benzacar, 2009, p. 29-30). The rationale behind the need to change names includes increasing the comparability of different financial records:Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The new names will show a cohesive financial representation of the corporation’s activities allowing the readers to see the relationship between the items presented in different financial statements, demonstrating that the statements complement each. Through the change of names, information will be disaggregated so that it can help a reader foresee the future cash flows of corporations like XYZ. With the names showing a better association between the information presented in the different records, readers will be able to evaluate the liquidity, as well as the financial flex ibility of organizations like XYZ Corporation (Benzacar, 2009, p. 29-30; Benzacar, 2009, p. 29-30). The shift to IAS will require the development of a universal accounting language by the IASB, which may not be possible The development of a universally accepted language should form a major component of the objectives of the IASB while enforcing the transition into the IAS, which XYZ Corporation is pursuing (Stittle, 2004, p. 139). As a result, even with the adoption of the IAS, XYZ corporations should realize that it may not receive maximum benefits from the transition as language plays one of the most critical roles in the generation of the varied accounting models for related areas (Evans, 2004, p. 235; Jacob and Madu, 2009, p. 356). The issue that will face XYZ Corporation in its shift to IAS will include the limitation it will face due to the inaccuracy of the IASB in translating accounting statements and concepts from one language to the other (Jacob and Madu, 2004, p. 356). T his limitation is supported by Evans (2004, p. 235) who argued that an exact transfer or equivalents of meaning during translation is often almost impractical in financial reporting. Consequently, it will not be possible to realize total homogeneity or to convey the exact meaning of the IAS accounting standards from one language to the other (Stittle, 2004, p. 139; Evans, 2004, p. 235; Salamudin et al., 2010). This limitation of the language used by the IASB is likely to cause confusion in the comprehensibility of the financial data presented by different organizations including that presented by XYZ Corporation after it is translated into other languages like German, Spanish, and Vietnamese (Evans, 2004, p. 235). Therefore, international investors intending to invest in organizations like XYZ corporations are likely to get the wrong picture about the financial health of institutions as translations may eliminate the weighty nature of the financial concepts and the variables in the statements (Evans, 2004, p. 235; Stittle, 2004, p. 139-140). The XYZ Corporation is likely to develop its financial records on the basis of distorted statements drawn from the records of other organizations due to the limitation (Evans, 2004, p. 235; Stittle, 2004, p. 139,140). In extreme cases, the information presented by XYZ corporations and that of other organizations is likely to be distorted through translation. This is likely to result in concerns over the reliability of IAS standards (Stittle, 2004, p. 139,140). The cost will be a major consideration among the companies making the transition to IAS The cost will be a far-reaching aspect when deciding whether to change from GAAP to IAS. As noted by Ballas, Skoutela, and Tzovas (2010, p. 934), the transition will entail more than special knowledge among the accountancy team of corporations. This will also lead to the alteration of the information models of the organizations.Advertising We will write a custom essay samp le on XYZ Corporation transition to IAS specifically for you for only $16.05 $11/page Learn More This presents the need to invest in the training of the staffs alongside the transition (Gordon, 2008 p. 232). As a result, the transition to IAS becomes quite expensive to XYZ Corporation both in the short and long term as there will also be a need to invest in the continuous development of the company’s accounts (Pickard, 2007; Gordon, 2008, p. 232). The major areas of investment during the transition include dedicating funds for software development. Thus, the corporations will require their software development team whether internal or external to develop new software that meets the standards of IAS accounting (Gordon, 2008, p. 232). Apart from the development and maintenance of the financial records software, the employees of the company should be trained in the areas of using the software in formulating financial records that are in line with the new and em erging standards (Pickard, 2007, p. 36). Some of the areas that will need major investments in XYZ Corporation will include the development of an employee-base and the maintenance of the infrastructure available at the company (Ballas, Skoutela and Tzovas, 2010, p. 934). Recommendations While undergoing the transition from GAAP to IAS, the XYZ Corporation should note that the criteria for its endorsement should be explored in an in-depth manner. In this case, it should draw clear differences between the decisions related to standard setting and adoption, as well as the endorsement of the standards (Benzacar, 2009). Additionally, during and after the transition, the interpretations of IAS should be reserved under the directives of IFRIC (International Financial Reporting Interpretations Committee (UNCTAD, 2012). The transition to IAS should be accompanied by the key concern of engaging sound audit consultants, practices and standards, as well as reinforcing the accounting mechanisms of the corporation. This will ensure that the corporation meets the expectations of the IAS standards in executing its audit and accounting functions (Jacob and Madu, 2009). The transition to IAS will require a heavy investment in funds to be employed in the transition, change of present accounting mechanisms, as well as contracting consultants to help in the transition and its maintenance (Jacob and Madu, 2009). However, apart from the costs incurred by the corporation during and after the transition, the benefits of the transition will outweigh the costs of the transition, as well as improve the standing of XYZ Corporation globally. Conclusion IAS is an integrated set of financial reporting standards developed on the basis of internationally articulated financial principles. The transition from GAAP to IAS was intended to eliminate the difficulties experienced by international investors. The transition should be accompanied by sound audit consultations and practices so as to ensur e that the new standards are observed. Despite the heavy investment during the transition, the benefits will outweigh the costs borne by XYZ Corporation in the long term.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More References Ballas, A. A., Skoutela, D., and Tzovas, C. A. (2010). The relevance of IFRS to an emerging market: evidence from Greece. Managerial Finance, 36 (11): 934-935. Benzacar, K. (2009). IFRS brings a radical change to financial statement presentation. Retrieved from knowledgeplus.org/pdfs/CMA_IFRS_statements_February09.pdf Beuren, I., Hein, N., and Klann, R. (2008). Impact of the  IFRS and US-GAAP on economic-financial indicators. Managerial Auditing Journal, 23 (7): 632-634. Evans, L. (2004). Language, translation and the problem of international accounting Communication.  Accounting, Auditing Accountability Journal, 17 (2): 235. Gordon, E.A. (2008). Sustainability in global financial reporting and  innovation in institutions.  Accounting Research Journal, 21 (3): 232. Jacob, R.A., and Madu, C.N. (2004). Are we approaching a universal accounting language in five years? Foresight, 6 (6): 356. Jacob, R. A., and Madu, C.N. (2009). International financial reporting stand ards: an indicator of  high quality?  International Journal of Quality Reliability Management, 26 (7): 718-719. Kwok, W., and Sharp, D. (2005). Power and international accounting standard setting Evidence from segment reporting and intangible asset projects. Accounting, Auditing   Accountability Journal, 18 (1): 75. Pickard, G. (2007). Simplifying global accounting.  Journal of Accountancy, 204 (1): 36. Salamudin, N., Bakar, R., Ibrahim, M. K., Hassan, F. H. (2010). Intangible Assets Valuation in the Malaysian capital market. Journal of Intellectual Capital, 11 (3): 393. Stittle, J. (2004). The reformation of European corporate reporting: Towards a model  of Convergence or confusion?  European Business Review, 16 (2): 139,140. Tsalavoutas, I., and Evans, L. (2010). Transition to  IFRS in Greece: financial statement effects and auditor size. Managerial Auditing Journal, 25 (8): 820. Tweedie, D. (2004). Looking ahead at 2004: a global standard-setters perspective. Balan ce Sheet, 12 (2): 5. UNCTAD. (2012). IFRS Implementation. Web.

Grief Over Yellow River essays

Grief Over Yellow River essays The movie Grief over the yellow river showed the brutality of the Japanese during their occupation in China during the Second World War The whole movie revolved around Owen, an American veteran pilot who went back to China fifty years after World War II in order to pay visit to the places where a group of Chinese once helped him. It all started when Owens plane crashed and a Chinese boy rescued him yet; unfortunately the boy died later. Owen was later found by Angie, a Chinese woman surgeon and some members of the 8th route army. Owen was given shelter and food by the Chinese group. He also met the family members of the Chinese group. Owen saw the causalities done by the Japanese to the Chinese villages. The Japanese soon found out that Owen was with the Chinese and wanted to capture him. The Chinese protected Owen from the Japanese and willingly sacrificed their lives though there were some Chinese who worked to the Japanese. Owen and his little companion used the yellow river as an escape route from the Japanese. All the Chinese who helped Owen died. Owen was never captured by the Japanese and survived the Second World War. Lots of patriotism was shown during the whole film. Angie, let herself drown in the last chapter of the movie; one could have thought she would add as another burden to her fellow companions with her injuries and made the idea of sacrificing herself for the country. This kind of attitude was also shown by one of Angies comrade who was a one-man attacking machine against the Japanese. Angie depicted a true heroine during the whole film; she may not be that strong during combat but she had the heart to serve her country. The lives of every Chinese during the Second World War were at risk. They were living in sub-par conditions and death may always come up to them. The Japanese were in full control and had the power of killing anyone who comes over their way. The Americans were in th ...

Starbucks Essay Example | Topics and Well Written Essays - 1250 words - 2

Starbucks - Essay Example Its sales and expansions are growing faster each and every decade. In the financial year 2013, the sales were recorded US$ 180,000 and the purchasers of these specific brands were around 27000 people according to a media report. Growth of this company contributing a lot in the economic health of the United stated. It brings employment opportunities in the country, positively effects gross domestic product GDP of the country as well. This company has selected because this can give us better and accurate business picture. It has a relatively good position in overall coffee industry. The data provided for this company must be accurate and flawless reason being its one of the best and successful business from many years. There are professional financial analysts that are maintaining all of its financial record effectively and efficiently. Star buck actively participating in the social and environmental activities. However the Starbucks established in 1971 but in 1999 it started a â€Å"Grounds for your Garden† in order to make the business environmental friendly For instance, instead of throwing away spent coffee grounds during the summer season, these grounds are left out for green-thumbed customers who want to use them in their gardens as a source of acid for the soil. In 2004, star bucks started a campaign to reduce the size of their paper napkins, store junk bags and alleviate their solid waste production. Environmental Protection Agency ranked Star bucks at number 15 in 2008. According to one of US newspapers named ‘Sun’ reported that star bucks is wasting 23.4 million liters water per day. In response to this published report star bucks start working for the saving of water in 2009, it re assessed its dipper well systems to control the excessive use of water. After few months of efforts, star bucks successfully developed the new water saving solutions to meet the government health standards. This strategy helps all the operating stores of star

Changing Climates Essay Example | Topics and Well Written Essays - 250 words

Changing Climates - Essay Example This increase has been caused by an increase in the greenhouse gases as humans continue to burn more fossil fuel. The other impact is an increase in the number of asthma related cases especially for the younger generations. The main reason behind this is the smog that results from emission of carbon dioxide gases. With respect to the State of Maine, the most probable impact that would affect the people living in this region is rise in ocean water. Since this nation is in close proximity to the sea, an increase in its level would have devastating effects both to the people and to the economic performance of the nation. Additionally, being an industrialized nation, the people living in Maine could be at a higher risk of experiencing increased asthma cases. This is because the developed countries have high levels of carbon dioxide emissions, which are in turn responsible for creation of smog that causes an increase in the number of asthma cases in