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Tuesday, August 25, 2020
Businesses and organizations Essay Example for Free
Organizations and associations Essay ââ¬Å"Businesses and associations utilize different sorts of data frameworks to help the numerous procedures expected to do their business capacities. Every one of these data frameworks has a specific reason or center, and each has its very own existence. This ââ¬Å"life of its ownâ⬠idea is known as the frameworks advancement life cycle or SDLC, and it incorporates the whole procedure of arranging, building, sending, utilizing, refreshing, and keeping up a data framework. The improvement of another data framework includes a few extraordinary, yet related exercises. These exercises, or stages, for the most part incorporate arranging, examination, structure, execution, and upkeep/support. At the end of the day, SDLC is a reasonable model that aides venture the executives in data framework development.â⬠(Wikibooks) The existence cycle begins with primer examination which all the accessible data required for the framework components and designation of the prerequisites to the product are assembled. Next is the examination of the prerequisites. This includes the examiner understanding the elements of the product which is required for the framework based off the assembled data. At that point is the framework structure in which the investigator plans and settles the most appropriate structure for the framework. The troublesome advance of framework coding or improvement comes next which is the place the expert deciphers the plan and projects into code for the PC. After the past strides next are the trying stage where the framework is trying to check whether it functions as proposed or not. At that point is execution where the framework is given to the client and input is come back to safeguard the program fills in as expected. Lastly framework upkeep is the last advance, here the expert protects the framework stays working inside the correct limits and capacities fittingly and fixes any issues. I think this identifies with database improvement in various manners. One is the means by which it begins, gathering data and finding the plan of the framework. Next you should design out how to set up the database, by deciding the imperative data. At that point comes the minor subtleties. You set up your database fill in some test data safeguard it works appropriately and make required modifications. At long last you execute your database structure where in it works appropriately you just keep up and fix any mistakes. 2. Look into ââ¬Å"Requirement A nalysisâ⬠on the web. What sorts of theme heading do you find? I discovered features like ââ¬Å"Business Requirement Analysisâ⬠,à ââ¬Å"Software Requirement Analysisâ⬠and ââ¬Å"Five regular mistakes in prerequisites investigation (and how to stay away from them)â⬠References Wikibooks Systems Analysis and Design/Introduction-Open book for an open world http://en.wikibooks.org/wiki/Systems_Analysis_and_Design/Introduction
Saturday, August 22, 2020
Cheating in Sports Essays
Cheating in Sports Essays Cheating in Sports Essay Cheating in Sports Essay Week 3 The point that I am investigating is ââ¬Å"Cheating in Sportsâ⬠, from unlawful medications use, betting, to government prosecutions, NASCAR, various kinds and its effect financially and socially on society. Since a huge number of dollars are won and lost in the realm of sports, just as the social effect it has with people in general/society. So the inquiries that ring a bell are, the reason do we give it a second thought and relate to our groups to such an extent? What is the intrigue, what do we find so outstanding about winning in a donning game? Where do we adhere to a meaningful boundary with regards to cheating in sports? Why as a general public do we spot such a high accentuation on winning in sports! Story Hook #1 â⬠Is societyââ¬â¢s fixation on winning risking the honesty of sports? This snare attracts perusers and makes intrigue since it promptly catches their consideration by requesting that the peruser consider social orders job in conceivably risking sports uprightness. Perusers can relate on the grounds that each general public on the planet has some sort of sports group, either, locally, or broadly they identify with, from the youthful to the old. Additionally, most of a great many people are not, were not competitors or engaged with sports as a calling or business or even at the novice and recreational level. A great many people (society) are enthusiasts of a specific game and tail it, regardless of whether intently or as an easygoing interest. Account Hook#2 â⬠Who is to be faulted, the competitor, the game, general society for the wide spread cheating in sports? This snare draws and catches readersââ¬â¢ intrigue since it currently explicitly takes a gander at a few prospects to consider and that the vast majority will fit into. Contingent upon their very own situation, as a competitor, or previous, associated with a game as a worker, recreationally, or only a fan, they can relate on an individual level in accordance with cheating in sports. I ask however, who is to be faulted, the competitor? How would you tell a small child whoââ¬â¢s family has been living in destitution, and gets the opportunity to win millions and completely change themselves by taking somewhat blue, white, pill that will give him an upper hand and perhaps make that fantasy work out! When millions upon millions are in question, a Super Bowl, a World Series and your group has the tapes of the rival groups plays, or the signs of the pitcher, and it can mean the distinction of being delegated the victor or not, what stops you, the mentor, proprietor, to not go too far, or would it be advisable for us to state who stops you? That World Series winning grand slam, or that kick-off returning touchdown to win the Super Bowl, or that last round knockout by the longshot to dominate the game for the title, imagine a scenario in which you discovered they all were the aftereffect of cheating. Would it have any kind of effect, or would it not? Week 4 Significance of the reason explanation is multifaceted. It is to give the objective or expected result of an investigation (in this situation). Sets the target, in view of the need or issue and afterward specific or explicit inquiries are created (explore questions) concentrating on a solitary idea (marvel) or thought. The general aim of this grounded hypothesis study is to comprehend the moral and monetary effect that cheating in sports has on competitors and society. This will concentrate on investigating the experience of the fans (society), singular competitors and sports associations. Led with singular meetings through telephone or face to face, at games, sports association, both expert, university, secondary school, and recreational in the Charlotte and encompassing area, just as different web destinations. At this phase in the examination, the effect that cheating has in sports will by and large be characterizes as the monetary addition and the momentary moral impacts on society and competitor. Individual colleagues, as I took a shot at building up my motivation proclamation, my test was what and how to limit to a solitary marvel. There is a lot to consider! I am attempting to come to an obvious conclusion of a couple of things. How cheating by some competitor impacts the morals of others to cheat, when they can see the serious addition and conceivable money related also! At that point there are the fans, society, and how it impacts them, and their viewpoint of the individual competitors, their particular group lastly the games associations! As I expressed a week ago, to the fans, does it have any kind of effect, if their preferred competitor was gotten, or their group? Is the issue with the competitor, or is it with us? In the perusing it states, that in a subjective report, ââ¬Å"advance a solitary marvel, perceiving that the examination may form into an investigation of connections or correlations among ideasâ⬠. Anyway, I ask your assistance, would it be advisable for me to simply express, that my single wonder is perhaps simply the moral parts of cheating, or simply the conservative and moreover, would it be a good idea for me to concentrate on only one explicit gathering, the competitor, society, sports associations or leave as is with the idea that as expressed above it will form into different connections or correlations that can be explained in the examination?
Friday, August 7, 2020
On Reconnecting
On Reconnecting My parents were born under kerosene lamps. In a place where monkeys taught children to spring from the blue-colored cement roofs onto the fields of crunchy-green grass. A place where the laughter of children playing in the streets blended with the crowing of roosters. The perfect alarm clock. A place where kites adorned the sky, glistening in the sunshine. And where hot street-side pakoras were perfect for a rainy day. A place that they would return to, holding the hands of their American-born children, eager to introduce them to their home away from home. Ive been back in Boston for a week now. Roosters replaced with phone clocks. Kites with New England geese. Street-side pakoras with bowls of easy-mac. Campus has always felt a little quieter to me during IAP. With dining halls closed and many people off campus, the usual hustle and bustle is gone. It suddenly is incredibly easy to find yourself entirely and completely alone. With no stress of the semester to keep you company. In those moments of solitude, my mind has found itself wandering back to my time in India. In every way possible, every night I lie in bed, the brightest colors fill my head. A million dreams (and jet lag) keep me awake. I reminisce the early morning freshness in the air, the rhythmic honking of traffic, the serenity of being surrounded by family. Since coming to MIT, Ive oscillated between moments of feeling really close and really far away from my roots and culture. But for the most part, being away from family and home, Ive felt distant. I no longer spend a part of my evenings watching Indian soap operas with my parents. I no longer get to eat my mothers home cooked, 100% Indian meals every day. I no longer listen to the local Bollywood-radio channel on my way to class. Even though I was born and raised in Texas my parents tirelessly and dedicatedly made sure to raise us in such a way that we were closely tied to our heritage. Now that I live on my own, theres this physical distance thats made it a little bit harder to feel close. My connection to my roots lies in weekend FaceTime calls. That said, going back to India over this past winter break was refreshing in every way possible. From simply sitting down and spending quality time with my grandparents to releasing my inner child as I played with my younger cousins to over-treating myself to Hyderabadi biryani, it was so much heartwarming happiness packed into such a short time. It was exhilarating. And because no amount of words can do justice to just how great it all was, these mosaics of pixels will have to do: heavily decorated trucks like this one are common on the road pedestrians, street traffic and bangle stores clustered in front of the charminar hair flies in the air as we take a ride on a jeep children make their way to a guava tree to enjoy fresh fruit new years fireworks go off in the distance as we stand on the terrace to take it all in playing with sparklers in celebration of 2019 my cousin poses during our visit to a summer palace one of many visits to the sweets shop an intersection serves witness to uncontrollably chaotic traffic yet another traffic jam as people make their way home after a long day of work quite nothing like an Indian sunset navigating through a bazaar in search of gifts to take back home Post Tagged #In Touch With The Roots #India #photography
Saturday, May 23, 2020
Infernal Love and Faith - Free Essay Example
Sample details Pages: 6 Words: 1766 Downloads: 6 Date added: 2019/08/12 Category Literature Essay Level High school Tags: Dante's Inferno Essay Did you like this example? Without Contraries is no progression. Attraction and Repulsion, Reason and Energy, Love and Hate, are necessary to Human Existence. Good is the passive that obeys Reason. Evil is the active springing from Energy. Good is Heaven. Evil is Hell (Blake 69). When he had spoken: I beheld the Angel who stretched out his arms embracing the flame of fire he was consumed and arose as Elijah. Note. This Angel, who is now the Devil, is my particular friend; we often read the Bible together in its infernal or diabolical sense which the world shall have if they behave well (Blake 80). Donââ¬â¢t waste time! Our writers will create an original "Infernal Love and Faith" essay for you Create order Both passages present a mediocre but apt comparison to what Blake is poignantly attempting to demonstrate in The Marriage of Heaven and Hell. In the first passage, he tries to create a complex idea, one which creates relations between things. He portrays good as passive, good is also reason and heaven. However, evil, active, energy and hell are more or less not interchangeable, but synonymous. The next passage embodies the complexity of the first one, but presents the Devil as a figure that does not suppress his energy or divinity, but rather, embraces the message of the Body and Soul, by intertwining it with Love and Sex, and Desire and Reason. Blake deploys the language of contradiction, presenting angels with a negative and devil-like connotation to demonstrate the law of human development. Subjectively, the words in the text break in the middle of the line, creating a caesura, hence, slowing down movements at different intervals to emphasize meaning, or fasten a phrase to initiate more weight. He states, Without Contraries is no progression. Attraction is Repulsion (69), it is already established that Blake sporadically creates a fracture of sorts within this sentence. By separating both lines with a pause, he possibly attempts to create an ominous, or rather dramatic effect in the minds of the readers. In a larger context, interposing the informal and irregular patterns of the lines prevent metrical monotony and emphasizes more meaning. Perhaps, this could be a vivid illustration of the contraries Blake is attempting to demonstrate in this section. Just like in the Songs of Innocence, life is full of joy and pleasure, b ut within those virtues ensue illiteracy and naivete. While the Songs of Experience has established a social reality, Blake is depicting through these contraries of Attraction and Repulsion / Heaven and Hell, that Energy and Reason repulse one another because they are not a unified purpose. While energy encompasses one end of the spectrum, Reason seeks another, thereby forming attraction. In essence, Blake demonstrates that Energy and Reason can simultaneously oppose one another, while working for the same purpose. Heaven and Hell serve as an extension of each other; they are both an interwoven part of the human existence. While Blake might seemingly be phrasing these in religious terms, the opposition he might be referring to could possibly date back to the hierarchical philosophy and belief that reason remains on top (Heaven), while passion below (Hell). He is calling for a dynamic union of these oppositions that are necessary to exist within mankind. The speaker adopts the voice of the Devil which prompts the reader to question whether or not to trust these call for inactions. It prompts one to assume whether this voice is viable and valid in their own rights, or if the readers should refute or debate the legitimacy of his ideas. While the first passage seems to portray the intersectionality between Heaven and Hell, and the Angel and Devil, the second passage brings about the beginning of rapprochement between Blakes Devil and Angel. To vividly demonstrate this, he forces the readers to imagine the momentary surge of emotions that could possibly erupt when attempting to fuse Heaven and Hell together. He states, I beheld the Angel who stretched out his arms embracing the flame of fire he was consumed and arose as Elijah (80). This initiative is sparked by the devil as he emerges from the flame of fire and summons all infernal energies to challenge and assert power towards the Angels dogma. This vividly parallels the battle betwee n the Angels and the Devil in Miltons Paradise Lost, where the devil and his companions were inadvertently ludicrous to believe they could possibly overthrow their creator. Referring back to Blakes initial statement that Reason and Energy, Love and Hate, are necessary to Human existence (34), he implies that the heavenly contraries which are represented by the angels have been completely dominated by the hellish contraries- the devil, therefore transforming the Angel into a Devil. This metaphorical equivalent of an angel transforming into a devil could perhaps be alluding to the state of mind of the readers. By following the transitional voice and tone of the devil all along, the readers are all consumed in his seductive trance, or even possibly succumbed to his voice of sex, lust and energy. Otherworldly, the transformation of the angel into a devil suggests a biblical allusion to the meaning of marriage, in which two become one flesh. The intersection of these two souls, and minds into one body attacks the Orthodox position of Marriage, perhaps it seems to consequently argue that by the fusion of the angel and devils souls, evil has been transformed into good. Figuratively, Blake seems to be refusing the idea that good and evil should be seen as separate, independent contraries, and instead seems to suggest a dynamic in which one contrary (evil) is transformed into and subsumed by its opposite. He abjectly uses a repetitive rhetoric to display the adverse and reticulate meanings behind some of his ambiguous claims. He states, Good is the passive that obeys Reason. Evil is the active springing from Energy. Good is Heaven. Evil is Hell (69). The phrases Good and Evil are constantly repeated at different intervals in the text, as well as ?reason and energy. Blake demonstra tes that while both phrases are contrary, they do not negate one another. Hence, as long as reason and good are transparent virtues, they will continue to reveal rather than hinder the divinity of mankind. The line, If the doors of perception were cleansed, everything would appear as it is, infinite (72), demonstrates how Blake seems to refrain from laying emphasis on the nature of mankind as being infinite, but rather, demonstrating a contrast between a fallen vision and a heavenly one. While the Angel sought to impose he idea of hell upon the narrator, the narrator subconsciously was bound to hell. However, as soon as the angel was no longer there to impose this reality, this idea no longer existed. Readers are forced to think that the idea of heaven and hell are just manifestations of the desires of the believers (people who think that heaven and hell exists), hence, it is once again a controversial idea. Blake then shifts his conceptual argument to the idea of vanity. He goes on to compare Angels to vain creatures who speak wisely of only themselves, he states, I have always found that angels have the vanity to speak of themselves as the only wise; this they do with a confident insolences sprouting from systematic reasoning (79). He criticizes the analogies of Swedenborg and Behmen, questioning their ideas on contraries. Although Behmens analogies are close, if not the same as the one Blake advocates in The Marriage. Basically, the idea of seeing greatness in man kind as the best way to win Gods heart demonstrates that if Jesus Christ is the greatest man, one ought to love him in the greatest degree- of course this opinion is refutable in other religious stances, and could possibly be seen as heresy. In a Christian sense, the readers are forced to acknowledge that Blake could possibly be alluding that any faith worth having, has to be one that can withstand a challenge. Blake goes on to provide the readers with a long list of ideas, referencing a potential revolution, possibly a revelation that would be freeing from the shackles of expectation. He concludes with a very subtle line which is reminiscent of the Rime of the Ancient Mariner by Coleridge, stating, For everything that lives is holy (82), depicting the idea that without contraries, there is no progression. This phrase reveals the underlying meanings embedded in the previous passages. The reader now has the ability to grasp and understand that everything that lives is holy, nothing is necessarily better than the other, and this includes darkness, evil and sin. Furthermore this unique work embodies the searching critique of ideas and yet, it builds on them. Both passages present the work is a medley of numerous forms, from poetry to proverbs, satiric narratives, parodies of other writers and even allusions to contemporary people. Referring back to the cover image if this poem, it shows at the top, pairs of lovers sitting under some leafless trees, in a very calm yet colorless mode. Underneath them, there are fierce flames blazing upwards, with two figures positioned in a very twisted position (possibly alluding to the confusion of mankind). By gazing at this image, the readers are forced to picture heaven in a higher position compared to Hell. Blakes idea however, forces one to rethink the entire symbolism that heaven and hell have represented. Supposedly, the blazing flames below may not be bad after all. While Blake is deliberately rehabilitating the satanic (the pride of the devil which prompted his fall from heaven), he does not advocate for cruelty but rather invokes through the monotonous effects of his words that energy and conflict are fundamental to human existence. The body should be seen as a site to no longer imply an opposition between body and mind or body and soul, but instead a dynamic interaction, possibly a marriage of reason and energy. Hence, Blake does infact agree that the human mind is embedded with self-condemnation and repression, and rather, encourages readers to explore beyond the restrictive boundaries of good and evil. To further Blakes analogy of the society and the self, versus the psychology of the mind and the self, his poem, London from the Songs of Experience, epitomizes the same thing if the passages were to be explicated in a political sense. In London, he highlights the way in which the society was forged through the placement of the privileged, re ferring to them as mind-forged manacles (41). This analogy is necessary when explicating Blakes true message in the Marriage of Heaven and Hell because it is indeed the repressed mind, and suppressed self that restricts individuals from achieving a breakthrough and recreating the meaning of his/her life.
Tuesday, May 12, 2020
Analysis Of The Play Othello - 1119 Words
The play ââ¬Å"Othelloâ⬠, by William Shakespeare and film adaption by Oliver parker explores the idea of how an individualââ¬â¢s sense of identity affects their actions and how this can be manipulated to create conflict. Shakespeare uses techniques such as soliloquies, dramatic irony, imagery, foreshadowing, and symbolism to show us how tragedy occurs from counteracting to patriarchal rules and stereotypes. Identity is a very key, important thematic issue in William Shakespeare s tragic play, ââ¬Å"Othelloâ⬠. Identity, or what may be better explained as a character s public perception, is highly valued in the Elizabethan Age in which Othello is set. There is a varying range between the characters in the extent that how they are perceived in public is not how they behave in private or how they really are, thus creating more than one identity per character. A character s identity is the overall essence of that character, however, in plays such as Shakespeare s there must always be an element of tragic flaw to the play thus creating conflict. The definition for conflict is ââ¬Å"a state of open, often prolonged fighting; a battle or war. Opposition between characters or forces in a work of drama or fiction, especially opposition that motivates or shapes the action of the plot.â⬠There are many ways in which this definition is represented in ââ¬ËOthelloââ¬â¢. The main conf licts in ââ¬ËOthelloââ¬â¢ are between friends and foes, Othelloââ¬â¢s inner conflict, and cultural and racial differences, which lead toShow MoreRelatedTragic Hero in Othelo by William Shakespeare996 Words à |à 4 PagesConventions of Othello Shakespeare has been a part of the American Society for many years. Compared to other Authors, he has a different style of writing but within his own writings, they are all very much alike. 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Early 17th century England was an isolated island that interpreted privilege and class status on white racial perceptions that often demonized or subjugated peopleRead MoreOthello: Good vs Evil1525 Words à |à 7 PagesGood Or Evil: A Critical Analysis of Othelloââ¬â¢s Main Characters William Shakespeareââ¬â¢s Othello is a classic depiction of a struggle between good and evil. In the play,, the characters are faced with the choice to either conquer or succumb to the overpowering force of evil. Shakespeare places his characters on a sort of spectrum in which a characterââ¬â¢s amount of god or evil can be represented by a shade of color: black representing pure evil, white representing absolute goodness, and a shade of greyRead MoreAnalysis Of Shakespeare s Othello 1131 Words à |à 5 PagesAn Analysis of Othello by Shakespeare Shakespeare is known for his use of recurring themes throughout his work, including love, death and betrayal. These themes are present in his work of Othello. However, the most fundamental issue is jealousy. The lives of the characthers in Othello are ruined by jealousy from the beginning to the end of the play. The telling of the story is carried out by passion, jealousy, and death. Shakespeareââ¬â¢s Othello reveals devastating tragic inevitability, stunning psychologicalRead MoreOthello Reflects the Context and Values of its Time Essay1342 Words à |à 6 PagesTexts and their appropriations reflect the context and values of their times. Within Shakespeareââ¬â¢s Othello and Geoffrey Saxââ¬â¢s appropriation of Othello, the evolution of the attitudes held by Elizabethan audiences and those held by contemporary audiences can be seen through the context of the female coupled with the context of racism. The role of the female has developed from being submissive and ââ¬Å"obedi entâ⬠in the Elizabethan era to being independent and liberated within the contemporary setting.Read MoreThe Weaknesses Of Othello By William Shakespeare933 Words à |à 4 PagesThe Weaknesses of Othello Throughout the beginning of Shakespeare s play, Othello, the protagonist, Othello himself, is portrayed as a powerful and courageous man. The audience is led to believe that he is a sympathetic character and a brave war hero. As the story progresses, this view seems to shift. Iago begins to play with Othelloââ¬â¢s emotions and Othello starts to make rash decisions. In his Othelloââ¬â¢s final great speech, he exposes his thoughts on the situation as well as his selfish motivesRead MoreExamples of Shakepearian Revenge Tragedey in Othello and tragic Comedy in The Tempest1681 Words à |à 7 PagesA revenge play or revenge tragedy is a form of tragedy which was extremely popular in the Elizabethan and Jacobean eras. One of the best-known Shakespearean revenge tragedies is Othello and tragic comedy is The Tempest. One of the most prominently occurring and important aspects of human nature that appears in Shakespeareââ¬â¢s work is the concept of revenge. In most of the tragic pla ys of Shakespeare, the avenger has his thoughts of committing revenge and towards the end causes his own downfall andRead MoreWilliam Shakespeare s Othello And Othello Essay1282 Words à |à 6 PagesOthello speaks to Iago in Act Three of the play saying, ââ¬Å"certain, men should be what they seemâ⬠(3.3.131). This excerpt foreshadow events in which Othello will begin to question the actions and morality of Cassio and Desdemona, all orchestrated by Iagoââ¬â¢s scheming nature. This is a very important concept to showcase because Othello devoutly loves Desdemona and trusts Cassio until conniving language from Iago causes him to think otherwise. Drawing on Shakespeareââ¬â¢s source story by Cinthio and otherRead MoreFeminist Critical Lens Of Shakespeare s Othello1248 Words à |à 5 Pagesan emphasis on stereotypes of both genders that are present and evident in the text being analyzed. William Shakespeareââ¬â¢s Othello can be scrutinized through the feminist critical le ns. A deep analysis focused on feminism of the play Othello paves way for the judgement of different societal status of women in the period when the play took place, the Elizabethan society. Othello is a best fit that demonstrates how men were considered to be in the highest and women as their inferiors. Through the feministRead MoreWhat Is Love, a Comparison of Love in Othello and King Lear1488 Words à |à 6 Pagesmasterpieces, Othello and King Lear. Three different kinds of loves explored in both Othello and King Lear, sharing both similarities and differences are a love for a significant other, the love a father holds to his children, and the love a daughter holds for her father. By looking at the outcomes of these loves one may draw a sense of loves negative and positive effects, and how the different traits of loves play into the outcomes in the fate of Shakespeares characters. Through the analysis of love
Wednesday, May 6, 2020
Porter Free Essays
Michael five forces model Rivalry among competing Firms: this is usually the most powerful of the five competitive forces. The strategies pursued by one firm can be successful only to the extent that they provide competitive advantage over the strategies of other firms (Grobler 2009) ? Due to Chinaââ¬â¢s incredibly high FDI rate, more and more companies are investing into Chinese businesses and strengthening them in both their domestic markets and also on the global front. With the ever increasing growth of their domestic markets it will only be a short while before they become the dominant market leader, if in this span of 30 years they could rise from nothing to 4th largest in the world then it shows what impact they really had and still have on the global economy. We will write a custom essay sample on Porter or any similar topic only for you Order Now Potential entry of new competitors: whenever new firms can easily enter a particular industry, the intensity of competitiveness among firmââ¬â¢s increases. ?When new firms become strengthened through investments, they become direct competitors of the leaders in that industry. . g. A new Chinese innovation in the television industry grows rapidly, they will be direct competitors against any television firms based in China, for example LG and Sony Bargaining power of consumers: when consumers are concentrated, large or buy in volume their bargaining power represents a major force affecting intensity of competition in an industry (Grobler 2009) ? This goes for actual customers(public) and b2b businesses, because those that buy the larger quantities would get the cheaper rates no doubt, however in China how will that be decided? Will it be their size, market share, sales or Return on capital employed. Potential development of substitute products: in many industries firms are in close competition with producers of substitute products in other industries. ?As mentioned throughout this article, the Chinese have the ability to imitate anything, this factor will never disappear especially if Chinese firms enter European or American markets, how those manufacturers would react to the Chinese developments are unimaginable. Bargaining power of suppliers: the bargaining power of suppliers affects the intensity of completion in an industry, especially when there are large number of suppliers, when there are only a few good substitutesââ¬â¢ raw materials or when cost of switching materials is especially costly (Grobler 2009) Porterââ¬â¢s five forces will only be effective if it is done in a stable environment, it is done to see how attractive the industry is and if it is worth starting a new venture in that environment. Porterââ¬â¢s generic strategies â⬠¢Cost leadership â⬠¢Differentiation â⬠¢Focus Cost leadership: Cost leadership means having the lowest per-unit (i. . , average) cost in the industry that is, lowest cost relative to your rivals. This could mean having the lowest per unit cost among rivals in highly competitive industries, in which case returns or profits will be low but however higher than competitors Or, this could mean having lowest cost among a few rivals where each firm enjoys pricing power and high profits Notice that cost leadership is defined independently of market structure. Differentiation: Differentiating the product offering of a firm means creating something that is perceived industry wide as being unique. It is a means of creating your own market to some extent. There are several approaches to differentiation: â⬠¢Different design â⬠¢Brand image â⬠¢Number of features â⬠¢New technology A differentiation strategy may mean differentiating along 2 or more of these dimensions. Focus: Here we focus on a particular buyer group, product segment, or geographical market. while low cost and differentiation are aimed at achieving their objectives industry wide, the focus or niche strategy is built on serving a particular target (customer, product, or location) very well. Note, however, hat a focus strategy means achieving either a low cost advantage or differentiation in a narrow part of the market. For reasons discussed above, this creates a defendable position within that part of the market. Risks of doing generic strategies Cost leadership â⬠¢Requires continual capital investment because newer innovations cause older creations to become obsolete. â⬠¢When focusing solely on making affordable low cost products, it can cause firms to be blinded to product changes that are needed. Ie. Quantity over quality â⬠¢When costs do begin to increase it narrows the differences between competitors and advantage is ultimately lost For China, the main risk that would affect them the most is when focusing solely on quantity, especially because of their expertise in manufacturing they could lose sight of changes that need to be done to better sales. However, China does have the leading number of RD departments, even though they might not be as innovative as the Japanese or South Koreans, they have the ability to imitate anything they produce which is why they play a major role in globalization, they can imitate anything except fresh air as they say. Differentiation Customer loyalty becomes too large to hold because of the cost differentiation between low cost firms and differentiating firms. â⬠¢The consumer or buyerââ¬â¢s need to differentiate falls away because of price increases. â⬠¢Imitation decreases perceived differentiation This area is where China are dominant, because they have the influence of causing differentiation to fail, because if the product looks the same, and does the same thing, then why would they ever go for the more expensive, and thus Chinese markets prosper because economies of scale have brought their price down dramatically. This is also when manufacturers have to start looking for alternative suppliers because they now have to compete with China which is not an easy task, and in doing so, it almost definitely forces them to go global. Focus â⬠¢When companies market to niches only they already take the risk of not completely satisfying a demographic segment and with other companies finding alternatives ways to better their market share eg. FDI or RD labs, they face the risk of dissolving. On its own focus strategyââ¬â¢s should not be attempted by almost any kind of company, its main purpose is to satisfy a small group of consumers at a time, and if this is not the aim of the business then they are going to fall extremely short on their company vision. Books Grobler, W. (2009) Business strategy, CTI Education Group, Johannesburg. Johnson, G. scholes, K. Whittington, R. (2008) Exploring corporate strategy, Prentice Hall, Upper Saddle River. How to cite Porter, Papers
Friday, May 1, 2020
Research Opportunities in Internal Control â⬠MyAssignmenthelp.com
Question: Discuss about the Research Opportunities in Internal Control Quality. Answer: Introduction: Junior et al. (2014) opines that the chief objective of audit is to provide specialised along with independent opinion concerning annual accounts of the business concern to essentially shareholders of the firm. However, viewpoints of the assessor have the need to reflect true as well as fair view regarding financial position of the firm. Therefore, independence can be considered as the primary way through a specific auditor can undertake the activity in an objective manner. As rightly indicated by Soltani (2012), an assessor have the need to be independent from necessarily the client firm, in a bid to make it certain that the audit opinion does not get affected by any kind of relation in between the client and the auditor. Essentially, the auditor are expected to deliver a particular unbiased along with reliable opinion on diverse financial declarations to corresponding stakeholders. As rightly put forward by Cohen and Simnett (2014), services provided by different assessors of the audit firm that is essentially not within ambit of audit can be witnessed as non-audit service. However, non-audit service essentially comprises of diverse Management service, commendations related to tax supervision, suggestions for improvement of the complete business (Bell and Griffin 2012). Principally, non-audit services are assumed against definite amount of remuneration that are essentially added income otherwise non-economic advantage. Accordingly, provision of this kind of non-audit service might possibly damage the uniqueness as well as independency of the assessor. Another crucial concern of audit is safeguarding of quality of the whole procedure of audit together with diverse dealings of assessment that are frequently assessed as well as censured by varied stakeholders alongside controllers. Other than this, a new threat to mainly the independency of the assessor is the ris k associated to advocacy (ODwyer et al. 2011). This might possibly follow after the assessor boosts and promotes the clients business and set forth viewpoints that can raise questions regarding objectivity of the whole exercise (Kinney Jr 2012). Independency of the Auditors necessarily gets threatened at the time when the evaluator of any particular accounting firm accepts any type of monetary alongside non-monetary advantages that is not necessarily the fees for audit work that they have carried out (Arens 2011). Nonetheless, the reception of benefits that is not within the contract for engagement for the process of audit can certainly affect the overall independency of the evaluator. Relatives of assessors including parents alongside spouse and wards are regarded as the close affiliates of family. By itself, pecuniary concerns involves declaration about debt, numerous securities of both short and long term with varied entities, with varied other units otherwise by means of different intermediate linked units (Lindeberg 2011). Largely, in line with the current case study, father of the suggested accountant holds the position of financial controller in the company of the client. Thus, at the time when Michael delivers consensus regarding accepting the offer or else decide to be a part of a team of evaluators, specifically at that time it can assuredly hamper the individuality as well as independency of the evaluator. Simnett and Nugent (2011) opined that risks arise when there exists close linkages between auditor and diverse workforces, directors along with among other members of the company of the client. Specifically, in this kind of circumstances, the auditor might possibly have emotional involvement and unfairness with the client because of private connection with specific company of the client. However, in this particular case, individual association with essentially the clients leads to unwarrantable faith on the specific client of the accounting firm. By itself, this might possibly be the cause for improper illustration. Moreover, there is likelihood that inappropriate representation by the accountant might plausibly be affected since the evaluator remains acquainted with significant information on especially the business (Hass et al. 2016). The individual has operated with LTH before that is approximately a month ago and she is very much mindful of specific information concerning the cli ent firm. Fundamentally, she was carrying out different services that can be linked to tax enumeration and arrangement of important accounting entries precisely as on time period 30th June, 2015. Fundamentally, the auditor need not appraise the tasks that they themselves have carried out. Prevention to diverse threats to the process of audit Varied dimension that can be assumed for safeguarding independency of auditor and for overcoming the threats to essentially the procedure of evaluation are hereby stated below: Change of diverse audit partners Roebuck et al. (2011) asserts that the arrangement of alternation and rotation of different partners of audit help in the procedure of extermination of risk of familiarity alongside self-advantage. In particular, this can aid the entire process of safeguarding objectivity without even bearing substantial amount of cost. Institution of proficient committee for carrying out the work of audit Foundation of proficient committee for carrying out the work of audit can be regarded to be a crucial instrument that can help the procedure of preservation of independency of evaluators. Essentially, the recognised committee for assessment can also assist in mitigation of audit threats (Elliott et al. 2011). Maintenance of International consistency in consort with obligation for maintenance of independency Messier (2011) opines that independency of process of can be certainly protected by execution of dynamic as well as ethical principles explicitly, auditing theories and regulations, rules, directives along with specific ethical codes. Oversight of different autonomous auditor Assessor, who is incontestably independent can aid in retention of audit quality, control, adjust and contribute towards preservation of excellence as well as independence of audit (Elliott et al. 2011) Analytical assessment of risk associated to different spare parts of inventory Risk Management is essentially an important element of Management of primarily inventory of spare-parts. However, in the present situation, it can be hereby mentioned that almost all of the business concerns consider different facets of risk management. Elliott et al. (2011) asserts that diverse facets of proper handling of risk assist the procedure of assessment of risk and helps in supposition of vigorous steps for alleviation of risks in various firms. Nevertheless, this procedure of assessment essentially includes different risk of reputation, diverse threats that can be linked to safety and well-being of particularly health alongside definite commercial risk (Lindeberg 2011). Other than this, there are diverse downtime risk that might possibly happen and this can lead to considerable financial impairment. Basically, majority of business sections do not really allow for specific mechanism of engagement of technologies associated to control of risk of certain spare parts. Nonethel ess, there are essentially two diverse risk that can be related to buying of spare parts as well as equipment. Fundamentally, these risks that can be considered by Cramption and Hasad precisely during a certain planning period of audit are basically the operational risk and strategic risk. As rightly indicated by Simnett and Nugent (2011), strategic risk can be associated to proper organization as well as handling of inventory of spare parts. In actuality, the strategic risk essentially covers the way a business uses for handling of obtainable stock of diverse spare parts properties. Again, Management of specific business units might possibly choose to become ad-hoc. Also, this reflects the outlay on certain items, for example purchasing of diverse items, application of no official policy for administration of spare parts and informed managers for delivery of appropriate judgement on varied procedural arrangements (Roebuck et al. 2011). Nevertheless, operational risk of a firm cannot be related to functional downtime. In essence operational risk can be observed as a particular risk that is connected to a specific manner a particular process can be executed. Nevertheless, majority of the business concerns formulate and cultivate regulations for strategic management appropriately, but management of the business concerns might possibly find it challenging to execute the strategy effectually (Kinney Jr 2012). For example, trades might possibly execute an appropriate policy for drawing inferences associated to standardization. Mainly, business segments that cannot fittingly handle operational risk by apposite application of varied methods encounter complications in the process of inventory management. As rightly put forward by Soltani (2012), risks that can be related to specific strategic risk are basically inherent risk. In essence, this risk arises from material misstatements in diverse financial pronouncements of the corporation, imprecisions, errors as well as omission in different financial proclamations. Predominantly, this specific risks accordingly occurs owing to the outcome of various facets except definite control concerns. However, inherent risk occurs necessarily on account of material misstatement in varied financial pronouncements. In effect this threat stems the moment the nature of different business deal is complex. Varied corporate circumstances require the application of superior judgement for assorted financial projections together with approximations. So, insufficiency of appropriate procedure of judgement can lead to development of inherent risk. Principally, inherent risk influences account balance of specifically inventory, receivables of a specific busin ess entity (Bell and Griffin 2012). Other than this, this inherent risk also impacts definite accounting balances counting on diverse trade of a specific business. Similarly, risks connected to precise operational risk of a business can be witnessed as detection risk. Nonetheless, for detection risk, possibility remains that an evaluator might come across failure in essentially the procedure of recognition of material misstatement in diverse financial assertions (Arens 2011). Yet, detection risk are essentially predictable as soon as assessor does not implement appropriate measurements and while measures cannot be not appropriately applied. Additionally, this detection risk also exerts impact on accurate accounting balance and this sequentially, is not all the time evaluated by auditor. Primarily, the accounts that are prone to get affected by various arrangements as well as classifications of risks are certain accounts namely, purchase account, sales revenue as well as account of inventory. References Arens, A.A., 2011. Auditing and other assurance services. Pearson Prentice Hall. Bell, T.B. and Griffin, J.B., 2012. Commentary on auditing high-uncertainty fair value estimates. Auditing: A Journal of Practice Theory, 31(1), pp.147-155. Cohen, J.R. and Simnett, R., 2014. CSR and assurance services: A research agenda. Auditing: A Journal of Practice Theory, 34(1), pp.59-74. Elliott, M., Dawson, R. and Edwards, J., 2011. An improved process model for internal auditing. Managerial Auditing Journal, 22(6), pp.552-565. Hass, S., Abdolmohammadi, M.J. and Burnaby, P., 2016. The Americas literature review on internal auditing. Managerial Auditing Journal, 21(8), pp.835-844. Junior, R.M., Best, P.J. and Cotter, J., 2014. Sustainability reporting and assurance: a historical analysis on a world-wide phenomenon. Journal of Business Ethics, 120(1), pp.1-11. Kinney Jr, W.R., 2012. Research opportunities in internal control quality and quality assurance. Auditing: A Journal of Practice Theory, 19(s-1), pp.83-90. Lindeberg, T., 2011. The ambiguous identity of auditing. Financial Accountability Management, 23(3), pp.337-350. Messier, W.F., JR.,(2011). Auditing Assurance Services, System Approach. ODwyer, B., Owen, D. and Unerman, J., 2011. Seeking legitimacy for new assurance forms: The case of assurance on sustainability reporting. Accounting, Organizations and Society, 36(1), pp.31-52. Roebuck, P., Simnett, R. and Ho, H.L., 2011. Understanding assurance services reports: A user perspective. Accounting Finance, 40(3), pp.211-232. Simnett, R. and Nugent, M., 2011. Developing an assurance standard for carbon emissions disclosures. Australian Accounting Review, 17(42), pp.37-47. Soltani, B., 2012. An introduction to auditing and assurance. Auditing: An international approach, 1, pp.1-26.
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