Tuesday, January 21, 2020
Free YGB Essay - Perceptions of Hawthornes Young Goodman Brown :: Young Goodman Brown YGB
Perceptions of Young Goodman Brown In "Young Goodman Brown", Nathaniel Hawthorne makes visible the perception we have of what is chaste and amoral by showing Goodman Brown that the people perceived as being the most holy are just as guilty of immoral thoughts. The naming of Goodman Brown is that it could be anyone that has to face these moral issues between good and evil. It is an everyday occurrence for us to want to test the waters of evil. The story is a reflection of existence, being that each has a path to take and decisions to make. Young Goodman Brown decides to venture forth into the realm of unknown by a yearning unknown to him. He meets up with a traveling companion who is an elderly reflection. He caries a staff of serpent life symbolizing evil. Along the path, Goodman Brown sees people he identifies with divine happenings. His conviction in humanity is shattered. He begins to converge his thoughts to heaven, for the strength to see through this masquerade of earthly surroundings. Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Ã Goodman Brown is curious as to what might lay ahead on the late journey. His wife pleads for his stay, only to be denied. She speaks of dreams to Goodman Brown, he reflects on this and denies any unnerving thoughts. Goodman Brown comforts himself by convincing himself that this one deed will be the last, he will then never leave Faith again. He is asking for forgiveness since he is about to cross the line of good and evil. If he can just take leave of his virtuous living for one night, he will forever be at Faith's side. His journey leads him along a dark avenue into the woods. His traveling companion awaits his arrival, and his tardiness is blamed on his Faith. Goodman Brown is quick to note that he still has Faith, but he will journey this one time. After time passes, Goodman Brown begins to realize his mistake for taking leave this late evening. His Faith is far from him now and he would like to adhere to her wishes. He fights to take l eave of his companion, but his will is too weak. Unconsciously he continues forward. Brown questions the stranger and does not know of such evil existing in his family, but the stranger conveys to Goodman Brown the past experience he has had with his relatives.
Monday, January 13, 2020
Toys and Games industry
Toys R Us is one of UKââ¬â¢s leading toy and game retailer. This report conducts an academic research focus on Toys R Us (UK) in toys and games retailing sector. In the first part of this report, we will discuss the toys and games industry background and the overview of Toys R Us. Then, the research will focus on Posterââ¬â¢s Five Force Model and Porterââ¬â¢s Generic Strategies. In the next parts, this report will concentrated on the potential strategies which Toys R Us might pursue in the future. Conclusion and recommendation will be mention in the final part of this report and the recommendation will be covered the best strategy for Toys R Us which can be used for the future competitiveness.1.1 Industry Background After the decline in 2008 and 2009, the toys and games market has grown about 5% just under à £2.2 billion. The market has opportunities to increase the sale revenue from 2010 to 2015 (MINTEL 2010). The Figure 1 shows UK retail value sales of toys and games betw een 2005 and 2015. (Figure 1, Source from: MINTEL Report 2010)According to MINTEL 2010, the main players in the toys and games industry in UK is Argos, Toys R Us, Disney and some internet specialists such as Amazon and Ebay. The Figure 2 shows the retail market share for those main players. (Figure 2, Source from: MINTEL Report 2010)1.2 Company overview Toys R Us is UKââ¬â¢s leading traditional toys and games retailer with over 1500 stores and 71,000 employees (including part-time employees) in 33 countries and the companyââ¬â¢s headquartered in Wayne (DATAMONITOR 2011). Toys R Us offer Toys, Baby care, Video games, Multimedia PCs, Bikes and outdoor fun products (Toys R Us 2013).2.0 Posterââ¬â¢s Five Force Model2.1 The threat of new entrants According to Dess, Lumpkin and Eisner 2010, the threat of new entrants is depends on the level of entry barriers. In the UK toys and games industry, there are strong competitions for the pricing. According to MINTEL 2010, since 2008, co nsumer prices for the games and toys have fallen, so most retail cut down the price therefore strong competition in the toys and games industry. Moreover, Economies of Scale can be also related to the entry barriers. Finally, the government policy is major source of entry barriers. For example, national land policy can be effect the manufactory and location of stores, the entry barrier is also influence by high VAT rates for the company which standard rate is 20% and reduced rate is 5% in 2013 (GOV.UK 2013).2.2 The bargaining power of suppliers Toys R Us has increase the number of suppliers over 3000 manufacturers. Mattel, Hasbro and Namco Bandai are the main suppliers for Toys R Us. Those 3 manufacturers are top 20 suppliers in toys industry and Best-selling Toys of the year are always given to those 3 suppliers (GIMD 2011). Nintendo and Sony are also the main suppliers for Toys R Us. Those 2 companies are famous video games suppliers. Nintendo has produce NINTENDO 3 DS and Sony ha s produce PlayStation 3 and PSP, those 3 product all have good sale revenue in the games market (Toys R Us 2013).2.3 The bargaining power of buyers As this report has mention before, Toys R Us is one of UKââ¬â¢s leading toys and game retailer, therefore the company has strong brand image, when consumer planning to purchase toys or games, Toys R Us is always become a first choice for purchase toys and games because the strong brand image. Moreover, there are limited numbers of global retailer in the traditional toys and games industry therefore Toys R Us has strong buying power (GMID 2011). The Figure 3 shows the child/youth population by age and gender between 2005 and 2015 in UK. From this table, we can see the populations between ages 0-14 are increase from 2005. The target market for Toys R Us are children, if the populations of child is increase, the buying power will also increase. (Figure 3, Source from: MINTEL Report 2010)2.4 The threat of substitute products Toys R Us is mainly focus on traditional toys and games sector. However, since the new technology is coming to the market, such as Ipad, X-box 2 and some new online games, the consumersââ¬â¢ needs are changing. More young children prefer the game in Ipad video game and online game rather than traditional toys; therefore Toys R Us is facing on high threat of substitution.2.5 The intensity of rivalry among competitors in an industry Woolworths was the biggest toys and games retail in UK, after the collapse of Woolworths in 2008, Toys R Us, Argos, Disney and other online retail such as Ebay and Amazon became the major players in toys and games industry. In 2009, Argos has 24% market share which are top one in UK toys and games market. Toys R Us has 17% market share and Disney only has 3% market share (MINTEL 2010). Figure 4 shows the outlet, sales, positioning and evaluation of those major players in toys and games industry in 2010. (Figure 4, Source from: MINTEL Report 2010)3.0 Porterââ¬â¢s Generic StrategiesIn this part, this report focuses on Porterââ¬â¢s Generic Strategies to analysis the strategic positioning of the major play in toys and games industry. According to Dess, Lumpkin and Eisner 2010, Porterââ¬â¢s Generic Strategies include three strategies which are Differentiation, Focus and Cost leadership which a company can use for achieve competitive advantage and overcome five force. Figure 5 is made by the Porterââ¬â¢s Generic Strategies; this graph shows the main competitors for Toys R Us in toys and games industry. From this graph, we can find out Toys R Us is using differentiation strategy, the strategy for Disney Company is Focus strategy, Argos and amazon concentrated on Cost Leadership strategy. (Figure 5)Differentiation can be defined as a strategy based on creating differences in the companyââ¬â¢s product and service (Dess, Lumpkin and Eisner 2010). As this report has mentioned, Toys R Us is using Differentiation strategy. The Company is pro viding different customer service as other competitors in the toys and games industry. According to Toys R Us 2013, every store of Toys R Us has an extensive Babies R Us department, inside of the Babies R Us included furniture, car seats, bedding, strollers, safety products, nappies and baby food for all parents and babies.Moreover, the company can be achieved the Differentiation strategy by strong brand image and wide range of products. As this report mention at the induction, Toys R Us is one of UKââ¬â¢s leading toy and game retailer therefore the company has strong brand image to achieve the differentiation strategy. According to MINTEL 2010, Toys R Us provides large range of toys and other children-related products. There are some advantages of Toys R Us using the Differentiation strategy. Firstly, this strategy can improve consumersââ¬â¢ loyalty. Differentiation strategy can also help company to decrease the threat of substitute products. On other hand, there are few disa dvantages for differentiation, consumer may prefer to purchase product from the company who using the cost leadership strategy.Disney Company is using focus strategy. The products from Disney shop are related to the Disney film (Disney store 2013). The company is focus on the customers who like the Disney brand images, most consumers will decide to purchase from Disney store if they like watch the Disney films especially young children. Argos and Amazon are focus on cost leadership strategy. Both companies are offering wide range of toys and games with low prices.4.0 Potential strategies might pursue in the futureIn this part, this report will mainly focus on the strategies which the Toys R Us may pursue in the future.4.1 Vertical Integration Vertical Integration is an expansion or extension of the company by becomes its own supplier or distributor (Dess, Lumpkin and Eisner 2010). According to GIMD 2011, the key strategic objective and challenges for Toys R Us is extending private l abel ranges. Vertical integration is one of best strategy to achieve this objective. If Toys R Us becomes its own supplier, the company will much easier to extending private label ranges. Moreover, theà companyââ¬â¢s transaction costs are much higher than administrative costs, so vertical Integration becomes an attractive strategy for Toys R Us.There are few benefits for Vertical Integration. Firstly, the strategy has benefits on access to new business opportunities, this will be helpful for Toys R Us achieve the objective of extend private label ranges. Secondary, this strategy can help Toys R Us to make sure the quality of the product, therefore this will help to increase the consumersââ¬â¢ satisfaction. Finally, Vertical Integration can help company to reduce the transaction costs.4.2 Strategic Alliances Strategic Alliances can be defined as two or more companies have a cooperative relationship (Dess, Lumpkin and Eisner 2010). As this report mention in the second part, mo st young children are prefer video games rather than traditional toys, so Toys R Us might concentrate on video games sector in the future, to development a new video game, the company will need a strong technology, the company might think about the Strategic Alliances. As this report mention before, Nintendo is a famous video game manufactures, the company has sold about 2.4 billion video game since 1983 (Nintendo 2013).If Nintendo become an alliance partner with Toys R Us and development a new product with strong brand image from technology and high level of technology skill Nintendo, both companies will easy to increase the market share in the toys and games industry. The advantages for Strategic Alliances will be reducing manufacturing costs in the value chain. Moreover, this strategy will also help on developing and diffusing new technologies.4.3 Internal DevelopmentInternal development is focus on new products and new technology. According to GMID 2011, a key objective and chal lenge for Toys R Us is development of exclusive products, this strategy may help Toys R Us to achieve this objective. Moreover, the company is not having to using the Strategic Alliances to development a new video games, this strategy can help company to development own innovative product without having to share the wealth with alliance partners.5.0 Conclusion and RecommendationIn conclusion, this report has concentrated strategic analysis on Toys R Us in toys and games industry. In the first part, the report has discussed the industry background and company overview. Then, the analysis of Posterââ¬â¢s five force model takes the second place. In the third part, this report analysis the Posterââ¬â¢s Generic strategies which show Toys R Us are concentrated on Differentiation strategy. Finally, the report mentions the several strategies which Toys R Us might pursue in the future.After the report analysis those strategies for Toys R Us, we can give the recommendation on the best s trategy for the future competitiveness. Figure 6 shows the benefit and risk of the three strategies for Toys R Us, compare those three strategies, all of strategies have both benefit and risk for Toys R Us, but we recommend that Strategic Alliances is the best strategy for Toys R Us in the future.New product development is the main objective of Toys R Us, if the company can develop own video games product, it will easy to increase the market share in toys and games industry, Strategic Alliances is the only strategy which can help Toys R Us to achieve the goal in the fastest time. Internal Development may also help company to develop new product, but the company will need spend high cost on new product development and Toys R Us may not have enough technology skill on video game as the company such as Sony and Nintendo. (Figure 6)
Sunday, January 5, 2020
Gap In Policy Essay - 990 Words
Existing gaps in policy program and practice Although there have been different interventions, policy programs and approaches to dementia, there still remain a significant amount of gaps in practices. Evaluation studies have shown that even though there is certain evidence showing different forms of interventions for dementia, the amount quality of care provided is poor. For instance, a dementia study had results which revealed that about only 35 percent of suggested care quality indicators being achieved (Reuben et al., 2009). When referring to some factors behind this, it was realized that most physicians are not so much interested in educational and counseling sides of dementia care, as well as not having sound knowledge on otherâ⬠¦show more contentâ⬠¦Recommendations The WHO highlighted that ââ¬Å"Poor understanding creates barriers to timely diagnosis and to accessing ongoing medical and social care, leading to a large gap in treatmentâ⬠(WHO, 2012). However this could be avoided with proper creation of awareness guidance for easy understanding of dementia, as well as eradication of stigmatizations which tend to devastate dementia patents and their family/carers even more (WHO, 2012). The medical community working independently with little to no cooperation with the local Alzheimerââ¬â¢s Associations chapters suggests that most health practitioners and organizations are not working together in other to maximize dementia interventions (Reuben et al., 2009). This can be a potential barrier, because most interventions need a cross-sectional approach from both the health workforce and other department workforces (other organizations outside health such as transportation, infrastructure development, etc.) to fully maximize benefits of the intervention. This is basically saying, everyone needs to work together and not making any step of the process a ââ¬Å"one manââ¬â¢s jobâ⬠or depending on a particular profession-model (Reuben et al., 2009). In delivering validation therapy, most people (especially families carers) feel worried of its approach, as it might require being untruthful to the dementia patient regarding reality. This means thatShow MoreRelatedThe Inequalities Of The Gender Pay Gap1511 Words à |à 7 PagesIntroduction It is important to address the systemic inequalities of the gender pay gap. To do this, this essay will use Bacchi (2006) approach to analyse the text ââ¬Å"Speech to HRINZ: The reasons for the Gender Pay Gapâ⬠by MP Paula Bennett. This essay will illustrate the theoretical perspective of liberal feminism to show the understanding of the problem, and the solutions of the gender pay gap. This essay will also look at two other theoretical perspectives, social democratic, and anti-racism andRead MoreThe Strategy Of Contractionary Fiscal Policy1194 Words à |à 5 PagesOutline the suggested long-term benefits of such a policy? Where the government reduces government expenditure and raises taxation is known as contractionary fiscal policy. The government uses such policy in order to steer the economy into steady growth by preventing an inflationary gap from occurring. If an economy is growing too fast, for example if unemployment is too low an inflationary gap will form. (Forsythe, 2012) An inflationary gap tends to worsen the balance of payments as home incomesRead MoreGender Inequality in Workforce904 Words à |à 4 Pagesthis essay will analyze the gender inequality in the Australian workforce and it will also suggest solutions. Wage Discrimination There is no doubt that income inequality has increased in the last two decades (Hiau 2005). According to the Australian Bureau of Statistics (ABS, Cat 6203.0) showed that on average hourly earnings of full time males and females are $28.83 and $23.40 respectively and it indicates that the earning ratio of eighty one per cent. Then, why does the gender wage gap existRead MoreThe Social Problems in Communities 1624 Words à |à 7 Pagesvalues that held the community or society together. People who were previously united may create gaps between the due to social problems. For instance, those with low income may be termed as poor while the well up in the community will be considered rich. This is why social problems should be dealt with at their early stages to minimize instances of conflict in the society (Goodwin, 2006). This essay will analyze a social problem in Australia through a sociological perspective. The paper will investigateRead MoreRelationship Between Monetary Policy And The Stock Market1228 Words à |à 5 Pagesand policy. 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Each of these pillars contains several aspects, such as innovation and ecological balance, which contribute toRead MoreGender, Gender And Gender Equality1391 Words à |à 6 PagesThis essay will look at Gender discrimination in an Australian prospective with some overseas perspectives overlapping this essay will look at gender deferenceââ¬â¢s in pay in Australia and discuss the ideas and arguments surrounding gender equality in the work place. Gender equity in work place is still a heavily understudied in Australia and as is more or less worldwide. In Australia a country of so called ââ¬Å"equalityâ⬠which is s till, even in the 21st century is an ambiguous and questionable ideal asRead MoreThe Impact Of History And Colonization On First Peoples1126 Words à |à 5 PagesThis essay will discuss the first peopleââ¬â¢s health as a consequential issue to the Australian community and followed by the discussion of various policies that been introduced by the Australian government to fill up health gap between indigenous and non-indigenous Australians. This essay will first analyze the impact of history and colonization on first peoples health and then it demonstrates the how different policy eras has affected to creating first peoples health is important, in turn highlightingRead MoreThe Pay Gap Between The Wages Of Men And Women Essay978 Words à |à 4 Pagespopular belief, the pay gap between the wages of men and women still exists. According to the Cambridge Business English Dictionary, the wage gap is ââ¬Å"the difference between the ââ¬â¹amounts of ââ¬â¹money ââ¬â¹paid to wo men and men, often for doing the same ââ¬â¹workâ⬠(ââ¬Å"gender pay gapâ⬠). The fact that we are still discussing it, especially during the current presidential campaign, proves that fact. The gap has decreased as time passes due to the relentless advocacy of feminists, but the wage gap does still exist. ConsideringRead MoreWhat Ways Can Tax Education Be More Effective Than Punishment1583 Words à |à 7 Pagestax policy and practice? I. UKââ¬â¢s current tax policy and practice Liturgy, the voluntary contribution from affluent citizens to public goods and services, was in ancient Greece a prevalent practice. Citizens provided ââ¬Ëunselfish citizenshipââ¬â¢, although they were not obliged to by law (Adams, 2001, pp. 65-69). Nowadays, the tax gap culminates in a sum of à £34bn (HMRC, 2015), causing significant inequity between tax complying and tax evading citizens. Murphy (2014) provides an even greater tax gap estimate
Saturday, December 28, 2019
Green Card Immigration Term
A green card is a document showing evidence of your lawful permanent resident status in the United States. When you become a permanent resident, you receive a green card. The green card is similar in size and shape to a credit card. Newer green cards are machine-readable. The face of a green card shows information such as name, alien registration number, country of birth, birth date, resident date, fingerprint, and photo. Lawful permanent residents or green card holders must carry their green card with them at all times. From USCIS: Every alien, eighteen years of age and over, shall at all times carry with him and have in his personal possession any certificate of alien registration or alien registration receipt card issued to him. Any alien who fails to comply with [these] provisions shall be guilty of a misdemeanor. In years past, the green card was green in color, but in more recent years, the green card has been issued in a variety of colors, including pink and pink-and-blue. Regardless of its color, it is still referred to as a green card. Rights of a Green Card Holder Live the rest of your life in the country, provided you do not commit any offenses that would make you removable under U.S. immigration law. In short, as long as you follow the law, your residency is guaranteed.Work in the United States in any legal pursuit that you choose. However, some jobs (generally, government positions in defense and homeland security) are restricted to U.S. citizens only for security reasons. Also, you cannot run for elected office, so you wonââ¬â¢t be able to earn a living in public service.Travel freely around the United States. You can leave and then reenter the country as you please. However, there are some restrictions on prolonged stays outside the country.Claim protection under all laws of the United States, your state of residence and your local jurisdictions. In general, all the safeguards and legal avenues available to U.S. citizens are also available to permanent residents, and this is true anywhere in the country.Request visas for your husband o r wife and unmarried children to live in the United States.Own property or buy firearms, as long as there are no state or a local ordinance prohibiting it.Attend public school and college, or join branches of the U.S. Armed Forces.Apply for a driverââ¬â¢s license. Even the most restrictive states for immigrants allow green-card holders to drive cars.Get Social Security, Supplemental Security Income and Medicare benefits if you are able. Also Known As: The green card is known as Form I-551. Green cards are also referred to as a certificate of alien registration or alien registration card. Common Misspellings: The green card is sometimes misspelled as greencard. Examples: I passed my adjustment of status interview and was told that I would receive my green card in the mail. Note: The term green card can also refer to a persons immigration status and not just the document. For example, the question Did you get your green card? could be a question about a persons immigration status or the physical document.
Friday, December 20, 2019
Commercial Law Case Study Essay - 922 Words
According to the Australian Constitution, the power to make laws vested in the parliament , whilst the power to interpret laws and to judge whether they apply in individual cases, vested in the High Court and other federal courts. In fact, one of the major function of the high court is to interpret the Constitution. For instance, the High Court of Australia may rule a law to be unconstitutional, that is beyond the power of parliament to make, and therefore of no effect. Such a circumstance would be seen by the government as a hindrance. Hence it is the intention of this essay to discuss why a high court decision on the constitutionality of a statute would be seen by a government as a more serious set back to its legislative reform programâ⬠¦show more contentâ⬠¦According to Keyzer, P., the High Court of Australia which is also the ultimate appellate court was created by the constitution to act as guardian and interpreter of the Australian Constitution. Therefore, the High C ourt plays a significant role on the issue of constitutionality on statutes. This statement can be supported by the doctrine of the void ab initio. The doctrine stated that if a statute is deemed to be unconstitutional by the high court, the statute itself is not valid, and therefore it is not legally binding. In addition to that, the assessment on the constitutionality by a court on the governmental measure is not always predictable. On the basis of the best legal advice available to it, a government promote and secure enactment of legislation which it believes to be constitutionally unassailable. Its legitimate expectation that the legislation will withstand constitutional challenge may, however be defeated when, upon judicial review, the reviewing court adjudges the legislation to be invalid and does so by overruling prior decisions or by discovering,Show MoreRelatedThe Boing and Mcdonnell Douglas Merger Case Study1280 Words à |à 6 PagesCase Study: Boeing versus Airbus: Two Decades of Trade Disputes The Boeing-McDonnell Douglas Merger As the two largest producers in the commercial aircraft industry, Boeing and Airbus have been in a long rivalry for over two decades. Because of its huge research and development cost and a volatile market demand situation, the large commercial aircraft industry has only a few viable producers that can successfully operate in this industry. At the end of 1996, there were three competitors in theRead MoreWeek 2 CaseStudyEx Essay1032 Words à |à 5 Pagesï » ¿Week 2: Case Study Exercise Read Rush Johnson Farms Inc. v. 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Wednesday, December 11, 2019
Maestro free essay sample
Kellerââ¬â¢s experiences during World War II have led him to view the world as a dark, sinister place. Living in Vienna, the home of Mozart, Keller was a respectable pianist and had a loving family. However the effects of a Nazi government caused him to loose the most precious thing in his life, his family, and affected his life in such a way that he exiled himself from everything that reminds him of them. his guilt is carried by Keller constantly, and we begin to see signs of blame in things that Keller says and does. resume writing service houston Keller continually tells Paul that ââ¬Å"Work makes freeâ⬠ââ¬â the same words that framed the gateway to the Auschwitz death camp. When Keller joins the Crabbes at a symphony orchestra concert in Darwin, he begins to cry and shout during a Wagner excerpt. He expresses his loss for his wife and son as his wife Mathilde was a Wagner specialist, and Paul discovers the extent of Kellerââ¬â¢s pain when he arrives at his lesson one day to find Keller playing and singing Wagner. We will write a custom essay sample on Maestro or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Ultimately, Keller blames himself for his familyââ¬â¢s death, saying that he was ââ¬Å"too insensitiveâ⬠to leave Austria when they had the chance as he thought that ââ¬Å"The evil would passâ⬠¦ All things pass. â⬠As a form of self-punishment Keller registered as a Jew to try and find them, and when he was unsuccessful in that, he cut off his finger. Henisch tells Paul that Keller had told him ââ¬Å"if he ever felt the desire to play again he would hack off his fingers, one by oneâ⬠. This serves as a constant reminder to Keller of his family and how his music was unable to save them. Although Kellerââ¬â¢s tragedy lies in his past, it continues to haunt him throughout his life in Australia. hroughout his life, Keller had to deal with the most distressing situation of them all, loosing his family. Although Paul did not have a ââ¬Ëpicture-perfectââ¬â¢ life, Peter Goldsworthy shows a deliberate contrast between Paulââ¬â¢s supportive family and carefree childhood and Kellerââ¬â¢s frightful loss of his family during World War II. It is our experiences who make us who we are, and Kellerââ¬â¢s story reveals the darker side of human experiences compared to Paulââ¬â¢s. Keller carries a relentless guilt about his familys death and blames his passion for music. He attempts to escape the loss of his family by removing himself from Vienna to Darwin. Yet he still cannot forget both his family and love of music Kellers suffering from his painful past and how his attempt to forget it fails. He believed that he could save his family by performing for Hitler. However after his beloved wife and child were murdered in the Holocaust, he is unable to perceive life the way he did before the war. He goes to the extent of cutting off his right finger in order to punish himself for his love of music and his misguided arrogance. After the war, he also removes himself physically from Vienna to Darwin where there is no musical culture. His punishment and isolation still fails to erase his past as he still keeps family photo on the piano. His effort to disconnect from memory being unsuccessful is further reinforced in a scene where he is ââ¬Å"wobbling to his feet, shouting in German and â⬠when he hears Wagner music. Furthermore, the fact that he collects articles about tragic and cruel incident, shows his fainted view of humanity, which is another side effect of the devastation he experienced during World War 2. In Pauls last visit to Keller, Keller admits that he ââ¬Å"[has] been too hard on [Paul]. â⬠This indicates that he still remember his lost son Eric and considers Paul to be like a surrogate son. In a sense, Keller attempts to fill a void left from the hideous loss. These examples show the hardship associated with forgetting the past and its overwhelming influence on individuals.
Wednesday, December 4, 2019
Accounting for Business Combinations for Greenvale Energy
Question: Discuss about theAccounting for Business Combinations for Greenvale Energy. Answer: Introduction The issue presented in the question is that Greenvale Energy Limited in its annual report of 2016 has revealed its financial performance and operations during the year that it has committed. Now the question lies in the fact that whether the company has adhered to the requirements as mentioned in AASB 8. Therefore in this study a brief idea about AASB 8 as well as the operating standards of Greenvale Energy Limited can be known. Operating Segment and Reportable Segment of Greenvale Energy Limited The operating segment of any entity means essentially a list of the operations undertaken in order to add to the revenue generation of the company. On the other hand the term reportable segment refers to the fact whether the information disclosed in the operating segments have been reported properly or not, that is, whether there is enough information about the nature of the product, its production process, nature and type of customer and all other relevant information. Disclosures not having quantitative thresholds are also considered a reportable segment. Greenvale Energy Limited in its annual report has mentioned that it has undertaken the operation of asset development by exploring the Alpha Oil Shale Deposit. Though the company has mentioned in this certain disclosure that it has failed to provide the Statement of Resources and Reserves now because of partially out-dated data that has been preserved poorly and has been outdated, thus the operation has been downgraded to the leve l of exploration target. Tables summarizing the oil shale exploration targets have also been disclosed. The Asset Divestment disclosed by the company is a clear and concise report and very effectively gives a clear understanding of the actions taken by the company. In the Asset Divestment disclosure as revealed by the company every little detail in regards to the downfall of the company in the financial year of 2015 till the time when it sold its assets, everything has been mentioned in a clear and concise way (Annual Report, 2016). Compliance with AASB 8 The company, Greenvale Energy Limited has rightly adhered to the laid down regulations and policies of AASB 8. The disclosures essentially have been prepared in such a way that a particular investor or a stakeholder will get a clear idea about the financial condition and position of the company. There are certain areas where ample scope regarding improvement can be identified (Faras and Rodrguez 2015). For instance the operating segments broadly do not meet the quantitative threshold, that is, if the segments cold have been backed up by more data then it could have been included under operating segments without having to include them under reportable segments. Moreover the information disclosed by the company in the concerned disclosure is simple and easy to understand and comprehend enabling any third party investor to get interested in the affairs of the company thus adhering rightly to the mentioned standards in AASB 8 (Kan and Gray 2013). For each disclosed financial item if the total of all reportable segments do not equal to the corresponding consolidated figures for the whole group then the particular financial item may still not have been received that is it has been recorded on terms of its occurrence and not receipt. This would definitely prove that the financial statements are prepared on the basis of accrual basis of accounting. References Annual Report of Greenvale Energy Limited, 2016. Faras, P. and Rodrguez, R., 2015. Segment disclosures under IFRS 8s management approach: has segment reporting improved?. Spanish Journal of Finance and Accounting/Revista Espanola de Financiacion y Contabilidad, 44(2), pp.117-133. Kang, H. and Gray, S.J., 2013. Segment reporting practices in Australia: Has IFRS 8 made a difference?. Australian Accounting Review, 23(3), pp.232-243.
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