Tuesday, December 24, 2019

Similarities Between Hamlet, Fortinbras, and Laertes in...

In Shakespeare’s famous tragedy, Hamlet there are similarities between Hamlet, Fortinbras, and Laertes. They do have some character differences but they face many of the same challenges and are put in similar situations. All three of the men have lost their fathers and are seeking to avenge their deaths in some way. Hamlet is contemplating killing Claudius, Fortinbras has gathered an army to reclaim lands that his father lost, and Laertes will do whatever it takes to get revenge for Polonius’ death. The main difference between the three men is that Fortinbras and Laertes are willing to do whatever it takes to reach their goal while Hamlet spends the majority of his time in thought trying to decide the right thing to do. When Hamlet is on his way to England he runs into Fortinbras and his army. He learns that Fortinbras is leading a huge army for a small piece of land that is not worth anything. He is greatly inspired by him though because he is willing to do it to prote ct his family and his father’s honor. After seeing them Hamlet says, â€Å"Witness this army of such mass and charge, Led by a delicate and tender prince, Whose spirit, with divine ambition puffed, Makes mouths at the invisible event, Exposing what is mortal and unsure To all that fortune, death, and danger dare, Even for an eggshell. Rightly to be great Is not to stir without great argument, But greatly to find quarrel in a straw When honor’s at the stake.† Hamlet (IV.iv.47-56) Hamlet realizes that he wants toShow MoreRelated The Foils of Laertes and Fortinbras in Hamlet Essay1031 Words   |  5 PagesThe Foils of Laertes and Fortinbras in Hamlet  Ã‚        Ã‚  Ã‚   William Shakespeare wrote the classic play, Hamlet in the sixteenth century.   Hamlet would be a very difficult play to understand without the masterful use of foils.   A foil is a minor character in a literary work that compliments the main character through similarities and differences in personality.   The audience can identify similarities and differences between any of the characters and Hamlet, however, there are two characters thatRead MoreThe Foils of Hamlet Essay646 Words   |  3 Pagescharacter through similarities and differences in personality and plot. In William Shakespeares play Hamlet, the main character, Hamlet, has three major foils. These foils are his close friend Horatio, Fortinbras, Prince of Norway, and the brother of his love, Laertes. These three characters contradict and enhance Hamlets major characteristics. Hamlets friend Horatio is a foil for him because he brings out the revenge and betrayal in Hamlet. He is a listener for Hamlet. Horatio seems toRead MoreFoils Of William Shakespeare s Hamlet Essay1130 Words   |  5 Pagesthe features of another character. In Shakespeare’s Hamlet , there are obvious foils for the main character, Hamlet. These foils include Horatio, Fortinbras, Claudius, and Laertes. William Shakespeare’s Hamlet, is a an excellent demonstration of character foils. A foil is also known as a literary device that reveals a character s true nature by comparing and contrasting him or her to other characters. A successful character foil consists of both similarities and differences with the foiled charactersRead MoreA Compare/Contrast of Hamlet through his foils - Laertes, Fortinbras and Horatio.1702 Words   |  7 Pagescharacters. Hamlet is by far Shakespeares most compelling character. In Shakespeares play Hamlet, various character traits, exhibited by Hamlet, can be seen through his foils. Similarities with Hamlet and Horatios education, as well as their levels, can be drawn. However, Hamlets character is in constant change and even philosophical. Fortinbras, without question encompasses many of Hamlets qualities. They are both born with nobility, along with a similar lineage. However, Fortinbras is more aggressiveRead More Fathers and Sons in Hamlet Essay 1189 Words   |  5 PagesFathers and Sons in Hamlet      Ã‚  Ã‚  Ã‚   Hamlets father, Old King Hamlet who he looked up to was recently killed, and his mother married his uncle within a month. He receives a visit from the ghost of his father which urges him to revenge [Claudius] foul and most unnatural murder (I, v, 32) of Old Hamlet. It is only logical that under these circumstances, Hamlet would be under great duress, and it would not be abnormal for him to express grief. Fortnibra and Laertes also have to deal withRead MoreFather And Son Relationships In Hamlet By William Shakespeare1249 Words   |  5 PagesThe Bond Between Father and Son William Shakespeare is a one of the most successful writers, due to his creativity and complex plots. He is well known for focusing several of his his plays around the theme of revenge, but each of the works accomplishes this in a different ways. His most popular vengeful play would be Hamlet, which focuses more of the anticipation and the moral aspect of revenge, rather than the act itself. Hamlet was written around 1601 and set in Denmark during the late middleRead MoreWilliam Shakespeare s Hamlet As A Revenge Tragedy1777 Words   |  8 PagesWilliam Shakespeare’s play Hamlet was written as a revenge tragedy. This play was written by Shakespeare between 1599 and 1602; no one is exactly certain about the date Hamlet was written (Hunt 2). The protagonist of this play is a prince named Hamlet; he is a prince of Denmark. Hamlet’s father was killed by his uncle Claudius, who became king afterwards. Not only did Claudius become king of Denmark, he took Hamlet’s mot her, Gertrude, as his wife. This play is the longest of all Shakespeare’s playsRead MoreThe Foil Of Shakespeare s The Tragedy Of Hamlet 901 Words   |  4 Pagesdifferences and similarities, help to emphasize and enhance the qualities and actions of the protagonist. Many characters, such as King Claudius, Fortinbras, and Laertes, in William Shakespeare’s â€Å"The Tragedy of Hamlet, Prince of Denmark† qualify as foils for Hamlet, the protagonist. However, Laertes is the most appropriate foil for Hamlet. Laertes’ similarities and differences with Hamlet along with his actions and traits allow him to be an effective foil for Hamlet. Readers often see Laertes and HamletRead MoreHamlet: Mel Gibson vs Kenneth Branagh Essay1127 Words   |  5 PagesHamlet, a tragedy by William Shakespeare shows a lot of adaptations to movies. Hamlet by Mel Gibson (1990) and Kenneth Branagh (1996) interpret and portray the play by Shakespeare in different ways. The two film versions of Act IV of Hamlet have many differences and similarities. Kenneth Branagh’s version of Hamlet is seen covering most of the original text of Shakespeare’s play of Hamlet unlike the Mel Gibson version which omits many scenes and dialogues. The film version of Hamlet featuring KennethRead MoreSurface, Depth, And A Reflected World Of Hamlet1830 Words   |  8 PagesStevenson Dr. Sigler EN 102 16 November 2015 Surface, Depth, and a Reflected World of Hamlet Although dynamic characters typically develop through solely personal obstacles, William Shakespeare uses the character of Hamlet as a contradiction by illustrating his growth through other characters. In Hamlet, Prince of Denmark, Shakespeare strategically uses Laertes and Fortinbras in order to foil the character of Hamlet. An extended metaphor of a pond is created and through tangled family ties, internal

Monday, December 16, 2019

Shannon Liegh Wynne Free Essays

Shannon Leigh Wynne Advanced Placement United States History Mr. Ed Forte 1 December 2010 To America: Personal Reflections of an Historian by Stephen Ambrose vs. Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong by James W. We will write a custom essay sample on Shannon Liegh Wynne or any similar topic only for you Order Now Loewen History can be interpreted in many different ways, and has been, by many different people, who all have different views on politics and economics. Some authors try to change the audience’s opinions, some try to enhance them. Authors have different purposes for writing, different biases and ideas, different research and documentation as well. Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong by James W. Loewen and To America: Personal Reflections by an Historian by Stephen Ambrose are perfect examples of two very different books about essentially the same subject. While Loewen is a democrat, and Ambrose is a republican, not only are their philosophies and ideas different, the authors present the ideas in totally different fashions and with different audiences in mind. James W. Loewen and Stephen E. Ambrose have two distinctively different writing styles, political preferences and purposes when writing. Loewen’s Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong is democratic, liberal, and written in textbook style writing. In contrast, Stephen Ambrose’s book, America: Personal Reflections by an Historian, is republican, conservative and written with personal anecdotes and a warm tone, as if a grandfather was telling you the stories. In Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong, Loewen presented a lot of new, surprising, information on well known subjects. These new facts were supposed to sway the reader’s opinion on the subject being presented from what is popular to believe, to what is the â€Å"real† truth. Loewen presented surprising facts about Helen Keller and her political preferences, Christopher Columbus and who actually discovered America, and how some textbooks are have hidden racism and antiracism within the book. America: Personal Reflections by an Historian was written to comment on history and certain events, and the author’s experiences learning about them. Both books focus on certain events, or narrow subjects, but each chapter is a completely new subject. Ambrose interjects his personal experiences and opinions on subjects like Ulysses S. Grant and the Transcontinental Railroad, which the facts are supplied by the author himself, the author’s mentors, and other famous texts and records. Most evidence for Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong is found in documents such as newspaper articles, from both current times and archived materials, as well as books. The information is documented in the back of the book in Notes by the author along with explanations for the use of some phrases and words. Loewen uses many secondary sources, such as textbooks and analyses. Most evidence from America: Personal Reflections by an Historian is also a lot of secondary sources, but many primary sources as well. Ambrose tells many personal anecdotes about the subject and many opinions and stories his mentors and professors shared with him. James Loewen and Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong have a completely different purpose than America: Personal Reflections by an Historian, by Stephen Ambrose, but the two books have overlapping documentation and research. Both America: Personal Reflections by an Historian and Lies my Teacher Told Me: Everything Your American History Textbook Got Wrong are presented in a somewhat logical manner, but in different ways. James W. Loewen wrote his book by focusing on one subject for an entire chapter and then moving on to the next subject and another chapter. He had the subjects go in chronological order and includes many pictures, charts and graphs to help the reader, and are very well spaced and placed throughout the book. There was no gap in any information in Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong, but there was a plethora of repetition. Loewen almost went in circles, explaining the same thing over, and over, in slightly different ways each time he covered a subject. In contrast, Stephen Ambrose designed America: Personal Reflections by an Historian to flow with the way his mind flowed from thought to thought. The chapters, which also focus on one subject per each chapter, but do not go in chronological order. For instance, one chapter is entitled â€Å"Writing about Men in Action, 1992-2001† and a couple chapters after comes â€Å"Women’s Rights and Immigration†. Also, each chapter is not strictly about a historical subject, some focus on his personal life and experiences that have to do with history. Yet another chapter is titled â€Å"Writing about Nixon† which describes his time while he was researching and writing his biography about President Nixon. Stephen Ambrose wrote as thoughts entered his head, not in a timeline or anything, like a textbook. Ambrose does not use any visual helpers in America: Personal Reflections by an Historian, but his words make up for the absence of pictures because he describes things so colorfully, energetically, and with great care and emotion. These two books are both well organized, but are very different in their organization and layout in general. The points of America: Personal Reflections by an Historian and Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong are almost as different as history reviews can get. Stephen Ambrose’s book was meant to explain historical figures and events and expand on the way Americans already feel on the subject. His object was not to diminish or change the reader’s view on the subject, like James Loewen did, only heighten it. James W. In the chapter in America: Personal Reflections by an Historian about President Ulysses S. Grant, he takes the good image of the war hero, and enhanced it, with unknown stories of his greatness. Loewen’s purpose when writing Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong was to change the reader’s opinion on the subject that he was talking about at the time. For example, most people see Helen Keller as a hero or as very brave, because she overcame her disabilities to help others with the same disability to function in society. Loewen told the readers only a little about her accomplishments about that but spent the rest of the chapter telling all about her political views and career as a socialist and how she publically supported Russia in its new administration as a communist nation. Anyone who reads this book cannot help but feel cheated both my James Loewen for ruining a respectable icon and role model, and at other historians and textbooks for not telling the whole truth. He also tells the readers that Christopher Columbus was a thief and a bad person and that he doesn’t deserve to be nationally celebrated. Both Helen Keller and Christopher Columbus are looked up to by many people, especially children, who are only at school to learn the alphabet and how to share, but Loewen is setting out to ruin all the little pilgrim and Christopher Columbus books for them, and he is okay with that. He wants the public to know the truth, and that is worth everything to him. America: Personal Reflections by an Historian is mainly supporting America’s loved ones, and Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong is shooting them down. Before his death in 2002, Stephen Ambrose was a famous biographer and historian. He was also a professor or taught at the University of New Orleans, Kansas State University, Johns Hopkins University, Rutgers University, U. C. Berkeley, and some European schools. He was mentored by some very famous older historians as well, though he always formed his own opinion on the subject he was being mentored on, even if he did not agree with his mentor. Ambrose was definitely a republican, and interjected his republican views during many parts of America: Personal Reflections by an Historian, and he has also published biographies of Presidents Nixon and Eisenhower, as well as Emory Upton and Henry Halleck. James W. Loewen is very liberal, and it shows in Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong. James Loewen has a PHD in sociology from Harvard, co-authored a U. S. history textbook called Mississippi: Conflict and Change , which won the Lillian Smith Award, and has also taught at The Catholic University of America, The University of Vermont, and Tougaloo College. When writing Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong, Loewen studies and stayed at the Smithsonian Institution, where he formed his opinion that no textbook makes history interesting or even documents it correctly. Loewen has written a total eight books, almost all of the same style writing; liberal and decisive. The intended audience for both America: Personal Reflections by an Historian and Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong was a person or student with a general knowledge of history in general and a mainstream idea of many components and events, who is willing to learn and accept new facts about these components and events. The language is that of an educated adult or young adult, so that students and working people alike could understand and relate to the book and author. Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong is more of a student’s book, because it focuses on how textbooks get history wrong, but adults are still attracted to the title and style of writing. America: Personal Reflections by an Historian probably brings in more adult readers, because of the style of the writing, more of a story and personal reflections than plain facts. Overall, both books have tremendous value to any reader who is willing to learn, and is patient with the author. At some points in both America: Personal Reflections by an Historian and Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong, the storyline got a little bit slow, which made it difficult to get through. These books could be recommended to high school students, adults and seniors; they cover multiple generations of interest. There was always something new to learn, or a new way to think of or appreciate something with James W. Loewen and Stephen Ambrose. Reading these two books change a lot of thoughts on the main subjects brought up, and the main people analyzed. America: Personal Reflections by an Historian and Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong makes a person wonder if It any leader or idol is a good leader, or role model, or icon, or if they are all really fake. It also makes a person wonder if there really is good and bad in the world, or if everything is grey, not just black and white. How to cite Shannon Liegh Wynne, Essay examples

Sunday, December 8, 2019

Samsung Debt to Equity Ratio -Financial Position of Apple & Samsung

Questions: 1.Write a report analysing the Financial Performance and Financial Position of two similar Companies in the same Industry. 2.Discuss various valuation techniques according to the IASB Conceptual Framework for Financial Reporting and specific International reporting standards including fair value valuation technique. Answers: Financial Analysis and Performance Company overview: The current report is based on the analysis of the financial position of the electronic companies operating in the same industry namely Apple and Samsung. Apple is an American Multinational technology company having its headquarter in Cupertino, California that which designs, develops and sells consumer electronics devices. Apple is generally known for its smartphones and tablet computer that witnesses significant growth in revenue and momentum for the company. Samsung on the other hand, is a rival company to Apple based in South Korea having its headquarter in Suwon. It is worlds largest producer of mobile phones and smartphone with estimated revenue of 1.87 trillion in 2016. The present report would present the financial performance of the companies through ratios and an additional assessment would be performed on the statement of cash flow to provide an overview of the selected companies. Ratio Analysis: Liquidity Ratios: Liquidity ratio represents the ratio amid the total assets and the liabilities of a bank or other institutions (Deegan 2013). Under the liquidity ratios, current ratio is computed for Apple which stands 1.35 for the year ended 2016. Samsung on the other hand reported current ratio of 2.59 for the year ended 2016 which is relatively higher than Apple. A higher current ratio of Samsung can be attributed to the higher amount of cash and cash equivalent representing a situation where Samsung has the better liquidity position than Apple. The quick ratio reported by Apple stood 1.05 whereas Samsung reported a quick ratio of 2.06 for the year ended 2016. A higher quick ratio for Samsung can be attributed to the lower amount of current liabilities in respect of the cash and cash equivalent while Apple reported a relatively higher current liability that ultimate lead to a lower quick ratio reported by the company. A higher quick ratio for Samsung represents the companys is better able to meet its short term obligations in comparison to Apple. Under the profitability ratio Debt-to-Worth ratio has been computed for both Samsung and Apple for the financial year of 2016. The Debt-to-Worth ratio for Apple stood 1.51 for the financial year of 2016 while Samsung reported a relatively lower debt-to-worth ratio of 0.41 for the same period. As evident from the analysis a higher debt to worth ratio for Apple is primarily due to the higher amount of total liabilities reported by the company while Samsung reported a higher net worth in respect of its total liabilities. A higher debt to worth ratio for Apple represents that Apple might not be able to derive sufficient amount of cash to meet its debt obligations whereas a lower debt-to-worth ratio of Samsung indicates the company is not taking the advantage of the higher profit that financial leverage might bring upon (Williams 2014). Profitability Ratios: Profitability ratio are those class of ratios that represents the financial metrics that is used by the business to assess the ability of the company to generate earnings in comparison to the expenses (Weil, Schipper and Francis 2013). Under the profitability ratio the gross margin ratio is computed for both Samsung and Apple for the year 2016. The gross profit margin for Apple stood 39.08 for the year ended 2016 while Samsung reported a marginally higher gross profit margin of 40.42 for the year 2016. The industry wide downward pressure resulted Apple in reporting a lower gross margin ratio than its counterpart Samsung. While Samsung enjoyed a higher gross margin ratio is primarily due to the increase in the revenue reported by the company for the year 2016. The net margin ratio on the other hand for Apple stood 28.46 while Samsung reported a relatively lower net margin of 15.21. The return on equity for Apple reported in 2016 stood 35.62 while the return on equity for Samsung stood 12.19 for the year 2016. The higher return on equity for Apple is primarily attributed to the companys ability of generating profit from the shareholders equity. The return on Equity of Apple reported represents better use of investment funds than Samsung to generate growth since investors have usually expressed greater interest in the shares of Apple that resulted in higher return on equity. Efficiency Ratios: The efficiency is generally used to understand how better the company is making the use of the assets and liabilities internally (Edwards 2013). The sales to asset ratio, return on Assets and Return on Investment is computed for both Apple and Samsung. The sales to assets ratio for Apple stood 57.45% for the year ended 2016 while Samsung reported relatively higher sales to asset ratio of 77%. The return on asset on the other hand, for Apple stood 0.16 while Samsung reported a marginally lower return on asset of 0.11 for the financial year of 2016. The higher return on asset for Apple is primarily attributed to the return generated on all the assets of the firm irrespective of the financing structure (Henderson et al. 2015). The return on Investment for Apple stood 0.48 while Samsung reported a return on investment of 0.16 for the financial year of 2016. An assertion can be bought forward by stating that Apple generates higher return on investment that its cost for the company to raise the capital that is needed for the investment which results in the generation of excess returns than its counter parts. Capital Structure Ratio: Under the capital structure ratio, the debt ratio for apple stood 0.60 while Samsung reported a debt to 0.29. Samsung uses the debt ratio as the indicator of appropriate capital structure. The lower debt ratio for Samsung is primarily due to the higher total assets with lower proportion of total liabilities while Apple reported a higher debt ratio due to the fact that the company reported a relatively higher total liability than its assets (Pratt 2016). The debt to total asset ratio has been computed where Apple reported a higher debt to total asset of 0.24 while Samsung reported a relatively higher debt to total asset ratio of 0.47. Investment Ratios: Under the investment ratios debt to equity ratio has been computed for Apple, that stood 1.51 while Samsung reported a debt to equity ratio of 0.41. The EPS for Apple reported for the year 2016 stood 8.31 while Samsung reported a relatively higher Earnings per share of 13.16. The price to earnings ratio for Apple stood 20.54 while Samsung reported a relatively lower P/E ratio of 1.25 for the year 2016. A higher P/E of Apple is primarily due to the willingness of the investors to pay for the one dollar of earnings and greater demand by the investors for a company shares. Cash flow statement analysis: The statement of cash flow analysis provides information regarding the companys cash receipts and cash payments in an accounting period (Marshall 2016). Apple produced $65.824 million of cash from the operating activities and the company required to re-invest 12.734 million in the property plant and equipment during the period of 2016 as free cash flow stood 20,484 for the year 2016. Capital expenditure absorbed around 12% of the operating cash flow which represented that apple is a profitable venture with small reinvestment needs. Samsung generated cash from its operating of 47,385,644. The net cash used in the investing activity for Samsung stood 29,658,675 with major portion of the cash was used in the purchase of the property, plant and equipment. The cash and cash equivalent at the end of the reporting period stood 32,111,442 KRW for Samsung. Apple produces large sum of money from its operations however slowing down of sales in the main market could be a cause of concern for Apple. The bottom line that can be carried from the analysis is that Apple looks strong enough to produce cash massive cash flow distributions in the long run and this bodes well for those that have invested in the stock of apple in the coming years (Macve 2015). Historical cost versus Fair value: Introduction: International Accounting Standards Board implemented the project of fair value measurement to its agenda on September as the element of its combined effort with the Financial Accounting Standard Board to establish a common site of the high quality international accounting standards (Hoskin, Fizzell and Cherry 2014). As per the IFRS 13, the purpose of using the valuation techniques is to assess the value at which an orderly transaction to dispose the asset or to transfer the liability would arise amid the market participants on the date of measurement under the present market conditions. The standard denotes that there three types of valuation techniques namely the market approach, the cost approach and the income approach (Hoyle, Schaefer and Doupnik 2015). Such valuation techniques are in compliance with the going concern assumption and used in respect of the fair value measurement of the entities or the specialized assets and liabilities. Discussion: According to the IFRS 13 market approach as the technique of valuation represents the price and other necessary information that is generated by the transactions from the market comprising of the identical or the comparable assess of the business (Kaya 2014). Under the market approach of valuation techniques, the value is determined in respect of the comparable transactions. The valuation techniques under the market approach represents the use of multiple market generated from the set of comparable matrix pricing. A market multiple illustrates the value of the business or other assets in respect of the financial, operating and physical metric (Magnan, Wang and Shi 2016). The IASB lay down certain specific guidance for making the use of the valuation techniques inside the market approach. Valuation multiple can be computed either for the holders of equity or for the debt holders. IFRS 13 on other hand defines cost approach as another valuation technique which assist in reflecting the amount that would be needed presently to replace the service capacity of the asset (Zack 2013). In respect of the Cost Approach, the fair value represents the cost to acquire or construct a substitute asset of the comparability utility which is adjusted for obsolesce including the physical wear and economic obsolescence. The cost approach of valuation helps in estimating the fair value by making use of the fair value in terms of the economic principle which the purchaser would pay for an asset not greater than the cost to get the asset of equal utility. On implementing the cost approach an important considerations need to be undertaken such as availability of comprehensive cost data, functional and economic obsolescence from inflation and loss of profit during reproduction (Christensen and Nikolaev 2013). One of the example of valuation technique that is based on the cost approach is Depreciated Replacement Cost method. Under this method it represents that a potential purchaser would be prepared to pay for the subject asset if it were new on the date of valuation. In such a situation adjustment for depreciation should be made in respect of cost of alternative asset. IFRS 13 states the income approach in the form of valuation techniques which can convert the future amounts to the single amount. The fair value measurement is determined based on the value demonstrated by the present market expectations regarding those future amounts (Jack 2015). The valuation technique that is associated with the income approach is reliant on the projected future income and profit or cash flows. Under the income approach an income stream which is probably to remain constant is capitalized under the single multiplier. The IFRS 13 Fair Value Measurement necessitates that a commercial firm use the techniques of valuation which is consistent with the one or more of the above stated valuation techniques (Amel, Barth and Landsman 2014). It must be considered that not all the approach can be applied to all the types of assets and liabilities. However, on assessing the fair value of the asset or liability, IFRS 13 needs an organization to use the valuation techniques which is appropriate in the circumstances for which appropriate data is available. Conclusion: IFRS 13 Fair Value Measurement provides the framework for assessing the fair value of the companies that are reporting the financial statements based on the IFRS. Presently, the standard offers the reliable description of the fair value which lay down numerous types of valuation techniques to measure the fair value. This necessitates entities to disclose their inputs of valuation to increase the comparability in the measurement of fair value Reference List: Deegan, C., 2013.Financial accounting theory. McGraw-Hill Education Australia. Williams, J., 2014.Financial accounting. McGraw-Hill Higher Education. Weil, R.L., Schipper, K. and Francis, J., 2013.Financial accounting: an introduction to concepts, methods and uses. Cengage Learning. Edwards, J.R., 2013.A History of Financial Accounting (RLE Accounting)(Vol. 29). Routledge. Henderson, S., Peirson, G., Herbohn, K. and Howieson, B., 2015.Issues in financial accounting. Pearson Higher Education AU. Pratt, J., 2016.Financial accounting in an economic context. John Wiley Sons. Marshall, D., 2016.Accounting: What the numbers mean. McGraw-Hill Higher Education. Macve, R., 2015.A Conceptual Framework for Financial Accounting and Reporting: Vision, Tool, Or Threat?. Routledge. Hoskin, R.E., Fizzell, M.R. and Cherry, D.C., 2014.Financial Accounting: a user perspective. Wiley Global Education. Hoyle, J.B., Schaefer, T. and Doupnik, T., 2015.Advanced accounting. McGraw Hill. Kaya, C.T., 2014. Fair Value Accounting Under FAS 157 and IFRS 13: Evidence from Borsa, Istanbul.GSTF Business Review (GBR),3(2), p.7. Zack, G.M., 2013. Fair Value Accounting.Financial Statement Fraud: Strategies for Detection and Investigation, pp.117-128. Christensen, H.B. and Nikolaev, V.V., 2013. Does fair value accounting for non-financial assets pass the market test?.Review of Accounting Studies,18(3), pp.734-775. Jack, L., 2015. Book Review: Fair value accounting in historical perspective.Accounting Review,90(2), pp.825-828. Amel-Zadeh, A., Barth, M.E. and Landsman, W.R., 2014.Does fair value accounting contribute to procyclical leverage(No. 3073). Magnan, M., Wang, H. and Shi, Y., 2016.Fair value accounting and the cost of debt. Working paper (Concordia University, Montreal)

Saturday, November 30, 2019

Ipt Hsc Essay Example

Ipt Hsc Essay Information Processes and Technology Study Notes Project Management ? Project Management is a planned and ongoing process that guides all the development tasks and resources throughout a projects development ? A Project Plan organises the project by specifying who will do the task, what has to be done, how the task is done, what resources are required, and what is to be expected ? PROJECT MANAGEMENT TECHNIQUES ? Active Listening: Listening to people is the main source of critical information required for a project to run smoothly. Listening is not the same as hearing; to listen requires attention and involvement ? Mirroring: Involves repeating back some of the speakers key words – indicating that you are interested and would like to know and understand more ? Paraphrasing: Listener uses their own words to explain what they think the speaker just said. The listener reflects feelings as well as meaning in their response ? Summarising: Listener confirms their understanding in the speakers mind, and hence helps to bring the conversation to an end ? Clarifying: Listener asks questions or makes statements that encourage the speaker to provide more detailed explanations ? Motivational: Encourage the speaker and reinforce in their mind that you are indeed listening and are interested in what they have to say ? Conflict Resolution: Need to manage conflict so that issues are resolved appropriately for all concerned, and in the best interests of the project ? Negotiation Skills: Negotiation should be a friendly exchange where differences are argued logically and in a reasoned manner. We will write a custom essay sample on Ipt Hsc specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Ipt Hsc specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Ipt Hsc specifically for you FOR ONLY $16.38 $13.9/page Hire Writer This can even prevent situations leading towards conflicts ? TEAM BUILDING SKILLS ? â€Å"Tuckman† Stages of Team Development: ? 1. Forming – Team members are only just getting to know each other ? 2. Storming – People are beginning to feel comfortable with each other ? 3. Norming – Team members now recognise their differences ? 4. Performing – The team is now operating as an effective, productive unit ? Team Building – building a team of two or more people with complimentary skills, behaviours and personalities who are committed to achieving a common goal ? Advantages – The people within the team are much more productive, and the systems they develop are of higher quality ? Disadvantages – Financial loss, employment loss and missed opportunities – unable to meet deadlines, produce quality work and operate within financial constraints ? PROJECT PLAN INCLUDES: ? Gantt Chart: Indicates when tasks need to be completed by ? Journal and Diary Entries: The diary is a record of appointments, events and meetings. The journal is a detailed record of what happened at each meeting, how tasks have been allocated, and when tasks are to be completed ? Funding Management Plan: Record of the scheduling and costing of tasks, and other expenses ? Communication Management Plan: Record of when meetings are to be held throughout the development of the information system ? SOCIAL AND ETHICAL ISSUES ? The work environment, including health and safety issues such as ergonomic design of furniture, appropriate lightning, and appropriate noise levels ? Security of data and information during development ? Copyright issues including who will retrain the copyrights for the new system ? Respect for the rights of needs and individual team members – such as privacy ? 1) UNDERSTANDING THE PROBLEM ? Systems Analyst: A person who analyses systems, determines requirements and designs new information systems ? Requirements: Features, properties or behaviours that a system must have to achieve its purpose ? Key Question 1: What are the problems with the existing system? ? Key Question 2: How does the existing system work? An understanding of the operations of the existing system must be understood ? Key Question 3: How do you identify the problems with the existing system? ? Answer to Question 3: Interview and Survey PARTICIPANTS in the existing system – They are able to identify problems and often they also have ideas in regard to solving these problems ? Answer to Question 3: Interview and Survey USERS in the existing system – Most information systems are primarily concerned with fulfilling the needs of its users, so their views and opinions on the systems are vital ? Prototype: Needs to be developed, and is produced to clarify how the system works, as well as clarify the nature of the problem, and represent how the new system may work ? After all the information has been gathered, a REQUIREMENTS REPORT is produced – A statement about the purpose/requirements of the new information system ? A requirements report includes aims and objectives of the system, and how it will HELP the organisation ? 2) MAKING DECISIONS/PLANNING ? Economic: to determine whether the system is affordable. This involves cost/benefit analysis to determine both initial costs to implement the system, and then recurring costs to maintain the system ? Operational: to determine whether a system will be usable by the target customers. The users must be able to effectively use, or to operate, the system ? Technical: to determine what hardware and software (Information Technology) is currently being used, and then to determine whether the hardware and software to build the system exists ? Scheduling: to determine the time frame in which a system must be developed. To determine whether it will be able to be completed within the specified time frame, it is useful to use project planning tools, such as Gantt Charts ? Traditional (Structured): AS the name suggests, involves very structured, step-by-step stages, which each must be completed before proceeding to the next step. – 1. Understanding the problem, 2. Planning, 3. Designing, 4. Implementing, 5. Testing, Evaluating and Maintaining ? Outsourcing: Involves using another company to develop parts of the system, or even the complete system ? Prototyping: A CIRCULAR approach to systems development, and new prototypes of the system are constantly being made in a loop before implementation: Designing Testing/Evaluating Understanding the Problem Designing†¦. The prototypes eventually evolve to a point where they become the final solution, and are essentially ready to move out of the loop, and for the next stage implementation ? Customisation: An existing system is customised to suit the needs and requirements of the new system. In reality – most business systems are customised versions of existing systems ? Participant: Means that the same people who will use and operate the final system develop the system ? Agile: An approach that places emphasis on the team developing the system rather than following a predefined structured development process ? 3) DESIGNING SOLUTIONS/DESIGNING ? Design Tools: ? System Flowcharts are a diagrammatic way or representing both the flow of data and logic through an information system [pic] ? Data Flow Diagrams describe the path data takes through a system. No logic, and no attempt is made to indicate the timing of events [pic] Context Diagrams are used to represent entire information systems [pic] ? A Data Dictionary contains a comprehensive description of each field in one of the databases associated with the information system. It commonly includes (4): field name, data type, field size, and a description of the purpose [pic] ? Storyboards give a general overview of the information system. They are used to document the screens used in a system, and the f low between them. ? Storyboards emphasise the user interface of a system rather than the functions performed by the system ? Linear Storyboard: modules are arranged in a sequence [pic] ? Hierarchical Storyboard: modules are arranged in descending levels [pic] ? Decision Tables represent all possible conditions and actions that will result |CONDITIONS |RULES |- |- |- | |Mark = 80 |Y |N |N |N | |Mark = 60 and =45 and

Tuesday, November 26, 2019

10 Ways Identity Thieves Can Get Your Information

10 Ways Identity Thieves Can Get Your Information Identity theft is when someone fraudulently uses your personal information, such as your name, date of birth, Social Security number, and address, for their financial gain. These uses might include  to obtain credit, get a loan, open a bank, or a credit card account or obtain an I.D. card. If you become  the victim of identity theft, chances are it will cause severe damage to your finances and your good name, especially if you do not find out about it immediately. Even if you catch it quickly, you can spend months and thousands of dollars trying to repair the damage done to your credit rating. You can even find yourself accused of a crime you did not commit because someone used your personal information to perpetrate the crime in your name. Consequently, it is vital in todays electronic age to protect your information as best you can. Unfortunately, there are thieves out there just waiting for you to make a mistake or get careless. There are different ways that identity thieves go about stealing the personal information of others. Here are the most common methods used by identity thieves and ways for you to avoid becoming their victim. Dumpster Diving Dumpster diving is when someone  goes through trash looking for personal information that can be used for identity theft purposes. Identity thieves look for credit card bills, bank statements, medical bills and insurance, and old financial forms such as old tax forms. Stealing Your Mail Identity thieves will often target a person and steal mail directly from their mailbox. Thieves will also have all of the mail redirected through a change of address request made at the post office. The identity thieves are looking for bank statements, credit card bills, tax information, medical information, and personal checks. Stealing Your Wallet or Purse Identity thieves thrive by illegally obtaining personal information from others, and what better place to get it but from a purse or a wallet. A drivers license, credit cards, debit cards, and bank deposit slip, are like gold to identity thieves. You Are a Winner! Identity thieves use the temptation of prize winnings to lure people into giving them their personal and credit card information over the phone. The identity thief will tell the person that they have won a contest for a free vacation or some grand gift, but that they need to verify personal information, including their date of birth,  to prove they are over 18-years-of-age. They will explain that the vacation is free, except for the sales tax, and ask for the winner to provide them with a credit card. They usually make it sound like a decision must be made immediately, or the person will lose the prize. Skimming Debit or Credit Card Numbers Skimming is when thieves use a data storage device to capture the information from the magnetic strip of the credit, debit or ATM card at an ATM or during an actual purchase.   When skimming from an ATM, thieves will attach card readers (called skimmers) over the real terminal card reader and harvest data from every card that is swiped. Some thieves place a fake PIN pad over the real one to capture victims PINs (personal  identification  numbers) as they enter it. Another common way to do this is by installing tiny cameras to capture the PIN entered on the number pad. Shoulder surfing, which is when a person reads over the shoulder of the card user, is also a common way to obtain personal identification numbers. Once the thief has returned to the ATM and collected the file of stolen information, they can log into an ATM and steal money from the harvested accounts. Other thieves clone the credit cards to sell or for personal use. Skimming  can occur anytime someone with a digital card reader gains access to your credit or debit cards. It can be done easily  when the card is surrendered, such as in restaurants where it common practice for a waiter to take the card to another area to swipe it. Phishing Phishing is a scam in which the identity thief sends an email falsely claiming to be from a legitimate organization, government agency or bank, to lure the victim into surrendering personal information such as a  bank account number, credit card number or passwords. Often the email will send victims to a phony website that is designed to look like the real business or government agency. eBay, PayPal, and MSN are regularly used in phishing scams. ​Obtaining Your Credit Report Some identity thieves will obtain a copy of your credit report by posing as your employer or rental agent. This will give them access to your credit history including your credit cards numbers and loan information. Business Records Theft Business records theft involves the theft of files, hacking into electronic files or bribing an employee for access to files at a business. Identity thieves will sometimes go  through the trash of a business to get employee records which often contain social security numbers and customer information from charge receipts. Corporate Data Breaches A corporate data breach is when a corporations protected and confidential information is copied, viewed or stolen by someone who is unauthorized to obtain the information. The information can be personal or financial including names, addresses, telephone numbers, social security numbers, personal health information, banking information, credit history, and more. Once this information has been released, it will likely never be recovered and the individuals affected are at an increased risk of having their identities stolen.   Pretexting Pretexting is the practice of obtaining someones personal information using illegal tactics, then selling the information to people who will use it to, among other things,  steal the persons identity, Pretexters may call and claim that they are calling from the cable company and doing a service survey. After exchanging pleasantries, they would ask  about any recent cable problems, and then ask if you mind completing a short survey. They may offer to update your records, including the best time of the day to provide service to you and the obtain  your name, address and telephone number. People will often volunteer information to cheerful, helpful company representatives who are good listeners. Armed with the personal information,  the  pretexter may then decide to  search for public information about you, and learn your age, if you are a homeowner, if you paid your taxes, places that you lived before, and the names of your adult children. They may look at your social media profile to learn about your work history and the college that you attended. They will then call companies you are associated with to gain enough information to get access to your  financial information, health records, and  social security number.

Friday, November 22, 2019

The Long History of the Rain Gauge

The Long History of the Rain Gauge One source has is that the son of King Sejong the Great, who reigned the Choson Dynasty from 1418 to 145, invented the first rain gauge. King Sejong sought ways to improve agricultural technology to provide his subjects with adequate food and clothing. In improving agricultural technology, Sejong contributed to the sciences of astronomy and meteorology (weather). He invented a calendar for the Korean people and ordered the development of accurate clocks. Droughts plagued the kingdom and King Sejong directed every village to measure the amount of rainfall. His son, the crown prince, later called King Munjong, invented a rain gauge while measuring rainfall at the palace. Munjong decided that instead of digging into the earth to check rain levels, it would be better to use a standardized container. King Sejong sent a rain gauge to every village, and they were used as an official tool to measure the farmers potential harvest. Sejong also used these measurements to determine what the farmers land taxes should be. The rain gauge was invented in the fourth month of 1441. The invention of the rain gauge in Korea came two hundred years before inventor Christopher Wren created a rain gauge (tipping bucket rain gauge circa 1662) in Europe. Rainmakers Born in Fort Scott, Kansas, in 1875, Hatfield claimed to have been a student of meteorology for 7 years, during which time he discovered that by sending a secret combination of chemicals into the air clouds could be produced in large enough quantities that rain was sure to follow. On March 15, 1950, New York City hired Dr. Wallace E Howell as the citys official rainmaker.

Wednesday, November 20, 2019

Performance Criteria Identified By Hillgren And Morse Essay

Performance Criteria Identified By Hillgren And Morse - Essay Example Hillgren and Morse (1998) established that similarities exist among high performing organizations. Their view of such organizations is based on financial accomplishments, employee motivation as well as service delivery and customer satisfaction. This paper critically compares the performance of Abercrombie and Fitch against the four performance criteria identified by Hillgren and Morse (1998). The multinational company deals with designer clothes. The paper highlights some practical examples related to the concepts, ideas and insights from their article titled â€Å"high performing organizations†. High Performing Organizations Direction is one of the basic elements identified by Hillgren and Morse (1998). Leaders need to ensure that the subordinates understand the organization’s principles. These are fundamental to its existence. The visionary leadership of Abercrombie and Fitch promotes a sense of purpose in the organization. The leaders understand the company’s vision and apply their skills to entrench creativity among the workers. Sensitization of employees regarding the achievement of the organization’s vision and core values is done regularly through staff meetings and weekly forums, which ensures that all team players in the various departments understand their roles in enhancing success. The sensitization approach corresponds to Hillgren and Morse’s assertion of â€Å"a clearly articulated and frequently communicated vision† (p 9), which is significant for high performing organizations. Behaviourization of values as proposed by Hillgren and Morse gives Abercrombie and Fitch a unique characteristic that enhances customer satisfaction. One of the core values is to ensure customer focused service delivery that is based on their needs rather than the company’s interests. Workplace diversity promotes strong interpersonal relationships among the staff, which helps in building talents and encouraging creativity. Exceptional contribution among staff is acknowledged and rewarded. The leaders act as role models of the organizational behaviour. Integrity is upheld and words correspond to the actions of staff members. The value metrics highlighted by Hillgren and Morse have been adopted by Abercrombie and Fitch. They help in establishing the level of customer satisfaction, which signifies the level of collaboration among staff. Value metrics are also significant in determining whether the organizational values have been upheld in service delivery to customers. Bhatt (2002) observed that â€Å"anything that gets measured gets done† (p 28). Abercrombie and Fitch’s value metrics are focused on the priority areas that are likely to be affected by the dynamics of the operating environment. For example, customers’ feedback offers a basis for the assessment of the level of satisfaction. After interacting with the company’s employees, the customers are given a chance to confi dentially rate and comment the quality of service offered to them. The management is able to determine the areas that require improvements as well as those that require reinforcement through assessing positive and negative feedbacks from consumers. The suggestion box also provides an opportunity to assess the organization’s leadership as well as the priority areas that need further consideration. Performance measurement is significant in assessing progress and planning for future improvements (Edwards et al. 2007). It helps in determining staff awareness regarding the direction of the organization. Abercrombie and F

Tuesday, November 19, 2019

Effect of inflation on wages Research Paper Example | Topics and Well Written Essays - 3000 words

Effect of inflation on wages - Research Paper Example Inflation denotes an unfavorable situation in the economy of a nation. On the other hand, wages refer to a form of remuneration offered to an employee by an employer of a particular company in exchange for services rendered. The paper will determine the fact whether inflation has a negative or positive effect on wages of employees in institutions of a particular country. Upon getting the findings, the paper will further analyze what is expected to be done to avert the effect on the inflation. In order to answer these critical questions, I will sample data from a few companies that will act as the representative samples of companies across the country. After the exercise of data collection, I will record it using favorable methods then analyze it scientifically in order to draw varied conclusions from it. By so doing, the research question will be answered. I have ensured that the methods used for data collection and recording are effective so that the findings drawn from the data are effective. I have used both quantitative and qualitative methods for the processes of data collection and recording. This will ensure that the data collected has no bias and is effective in answering the research question. To determine the rate of inflation, will need collection of values of inflation over time and the correlated change in the wages of employers that cut across companies in the country. The analysis of the collected data will; require scientific methods because issues to do with economies ought to be projected by professionals who are well versed with the research topic. This would require economic analysts in my research team. Choosing the methods for data collection is another important factor because some methods are more suited in collecting particular types of data as compared with others. Others are also more suited in recording some data types as compared to others. This disparity in the methods depends also on the nature of the respondents from which the da ta is collected from. Some may be willing to give data to a research team while some may be uncooperative in giving the data out. The research team is, therefore, required to develop a good rapport with the respondents so that they are able to collect optimal data for analysis. Another important thing in answering research questions is ensuring that the equipment for data collection are in a good order so that the research team is not frustrated in the fieldwork day for the actual process of data collection and analysis. To avoid any mishaps in data collection, all equipment should be investigated and checked days to the actual day of research. In discussing the research issue, I will first give a literature review of the research topic. I will then give a strategy for the hypothesis of the topic. The last section will illustrate the data methods used, their efficacy and the findings. I will then give a conclusion of the research topic. Literature Review Inflation is a noteworthy as pect of any nation’s economy. It is opposed to deflation which describes the downward spiral in the average prices of goods and services. It is, therefore, clear that the only difference in inflation and deflation is the aspect of price stability. There is also a strong link between inflation and money in any country. Because it is a rise in the general level of prices of goods and services, it implies it is extremely linked to money. By being intrinsically linked to money, inflation has an effect on the economy of a country. It affects many aspects of the economy and the nature of cash flow in a country. As a result of this, it is extremely important to study the effect of

Saturday, November 16, 2019

The paradox of omnipotence, and Mackie`s solution Essay Example for Free

The paradox of omnipotence, and Mackie`s solution Essay Omnipotence is inexhaustible, unlimited power. The attribute of omnipotence (being all powerful) is generally a quality of the God of monotheistic religions. There exists an argument, however, that the concept of an omnipotent being is paradoxical, meaning that it is logically impossible that an omnipotent being can exist. One of the more well-known renderings of this paradox goes: Can God create a rock that would be too heavy for him to lift? What this question is asking is essentially â€Å"can God can create something that he cannot subsequently control? This question presents a dilemma. If the answer is yes (because God can do anything, after all), it would mean that he is not actually omnipotent, for how could there exist something that an omnipotent being cannot control? If the answer is no (because how could God not be able to lift a stone—he’s supposed to be all-powerful), then he is not actually omnipotent, because here is something he cannot do after all (he cannot create something that he cannot control). Thus, with either answer, the conclusion is that God is not omnipotent. In his answer to this problem, John L. Mackie says that if an omnipotent being creates an uncontrollable thing, then controlling this thing would mean controlling an â€Å"omnipotently-made-uncontrollable† thing, which is logically impossible. Thus even the omnipotent being will not be able to control it, and his failure to control it would actually be an affirmation rather than a refutation of the his omnipotence. Rigid designator and non-rigid designators The concept of rigid and non-rigid designators is somewhat akin to the concept of proper nouns and common nouns. A rigid designator is a term in philosophy that â€Å"designates [or defines] the same object in all possible worlds in which that object exists and never designates anything else† (LaPorte, 2006). Inversely, a non-rigid (or flaccid) designator is a term that does not refer to the same object in all possible worlds. For example, the sentence â€Å"Neil Armstrong was the first man on the moon† contains both a rigid designator (Neil Armstorng) and a non-rigid designator (first man on the moon). If events had been different, Neil Armstrong might not have been the first man on the moon, but Neil Armstrong (not just as a name, but as it refers to the man himself) will always be who he is.

Thursday, November 14, 2019

Trapped :: essays research papers

Crash, Swish, Roar. The lonely empty silence is overpowered by a wall of foam rushing towards me. Wheels of sand are churning beneath my feet. My golden locks are flattened and hunched over my head to form a thick curtain over my eyes. Light ripples are printed against my olive stomach as the sun beams through the oceans unsteadiness. I look below me and can’t see where the sand bank ends; I look above and realize it’s a long way to the top. Don’t panic Kate, you’ll get through this. I try to paddle to the top but am halted by something severely weighing me down- My board. That’s what got me in this mess in the first place. I can see the floral pattern peeping through the sand that is rapidly crawling over it. I quickly rip apart the Velcro of my foot strap and watch my board float to the surface effortlessly as I attempt climbing through the water to reach the surface. The fin of my board becomes more visible to me as I ascend. Finally, an alleviating sensation blasts through my mouth. Air. Crash, Swish, Roar. Just as I get a breath, the powerful monster swallows me once more. It finally hits me that I’m going to be under a long time. These are 20 ft waves, I think to myself. There is no way I am getting out of here the easy way. I feel the blood surge to my head as the paranoia sets in. When I was 5 years old, Dad woke me up one morning and informed me that he was finally going to teach me how to surf. I was ecstatic. I used to watch my brothers in envy as I crouched on the damp sand with my head between my hands resting on my knees, sulking at the fact that I wasn’t allowed to surf until I was 5. Well, that time arrived when Dad was taking me, and nothing was going to hold me back. I watched Dad approach me as he returned from a blue and white hire tent with a long (well what seemed long at the time), bright yellow foam board. It had a small white fin sticking out its rear. We stayed shallow and like any impatient 5 year old I began to suffer from frustration as I continuously nose dived into the sand at my efforts to stand up.

Monday, November 11, 2019

Political Culture

â€Å"Drawing examples from any one Caribbean territory and using public opinion data from sources , to what extent is political culture less dependent on local culture as a result of recent technological developments. † Political culture is the particular set of orientations, beliefs, customs, and preconceptions which are shared by members of the society, which give meaning to their political process, and which provide the underlying assumptions that govern their political behaviour and public policies (Lawrence 6).On the other hand we have local culture, which Karen Lawrence describes as the history, family, politics, landscape, art, music and values and people melded into a sense of place that feels vibrant and cohesive and firmly rooted. Local culture is where and how one is connected to life and each other; it is the collective memory of a community. What is technology might one ask? Technology is the use of tools or instruments for any human activity.These human activiti es can be production, storage, exchange, transportation or even consumption. It is the branch of knowledge that deals with the creation and use of technical means and their interrelation with life society and the environment, drawing upon such subjects as industrial engineering,  applied  science,  and  pure science. Politics is an area which manifests may aspects of our culture and in these modern times, political culture in the Caribbean territory of Jamaica has become dependent on recent technological developments.Globalization is a process of interactions and integration among people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, as well as human physical well-being in societies around the world.Due to globalization, money, goods and manufacturing have become m ore mobile than they once were, and as a result corporations and businesses are allowed to finance, invest and move wherever they choose, they have a wider access to other countries across the world. There is a shift in the balance of power between international businesses and governments. National governments are less able to control the activities of mobile businesses than in the past, while corporations and financial institutions are in a better position to dictate to national governments.They do this by, purchasing the currencies of states whose policies they approve and abandoning, or threatening to abandon the rest. In 2003, Jamaica’s debt stood at $4. 4billion owing to the IMF, the debt required that 52 cents of every dollar earned goes for interest payments. By this time Jamaica had already paid back 17 times the amount of money originally borrowed. Farming and industry have been in crisis. There was a very high unemployment rate and there has been migration from the rural areas to Kingston, people in search of jobs and opportunities.There was an increase in crime and drug trade, which in turn have led to frequent police killings. Political violence and rioting has been seen in recent years. Responsible in part for this unrest and turmoil is globalization, ensnaring the country in enormous debt arranged by the International Monetary Fund (IMF), the World Bank, and other international lending agencies at high interest rates. â€Å"The structural adjustments that were imposed by the IMF had cause for an increase in interest rates to industry and farmers, so that they could no longer compete with the flood of subsidized or â€Å"dumped† foreign imports.These policies have driven down wages and forced the government to cut back funding for education, healthcare, and agricultural programs which benefit the poor (Harper 2003). † Again due to globalization there was civil unrest and mayhem in Jamaica. In 2009 there was an extradition requ est from the USA for Christopher â€Å"Dudus† Coke, a drug kingpin who enjoyed demigod status in the west Kingston stronghold of Tivoli Gardens. The United States wanted him for drug trafficking and gun trade.The then ruling party, the Jamaica Labour Party did not want to give up Mr. Coke, as he had close ties with the party. This included a construction company called Incomparable Enterprises, where Dudus was a partner, was awarded three government contracts by the JLP valued at $US 400 thousand, also a contract worth US $150,000 to transport materials to Riverton City landfill. Also the JLP was also responsible for campaigning and establishment of the â€Å"garrison† known as Tivoli. The USA said that they would cut all ties with Jamaica if Mr.Coke was not extradited. Jamaica depended on the US for money and imported products. Jamaica could not afford to lose America’s support, as so in turn, Dudus was extradited. This is a clear example of the influence of gl obalization. According to Alec Ross, one of the creators of technology policy for Barack Obama's 2008 presidential campaign, â€Å"We are well beyond being able to consider social media a fad. If you are not open to social media spaces then you are not attuned to the dynamics on the street and you sacrifice both understanding and power. The emergence of Social Media has caused for the political culture in Jamaica to be less dependent on local culture, due to this recent technological advancement. In 2007 statistics showed that 539. 543 per 1,000 people  in Jamaica used the internet, in 2005 3,042,000 people in Jamaica were telephone subscribers. Also in 2007 there were 2,700,000 mobile phone subscribers and 444. 079 per 1,000 people in Jamaica who had radios. In 2002, 70. 04% of households in Jamaica had televisions. These numbers are rising every year, with social media becoming more popular as the years go by.In Jamaica there are 7 local television channels; the two main local channels being CVM and TVJ (Gordon 89). These channels no longer focus on what is going on locally in the country or show many locally produced shows. The time slots for these stations are filled with American based television shows, cartoon and movies. The local news also doesn’t focus on what is happening in the country each day, but only gives us a brief overview and then skips to â€Å"international news† updating the public on what is happening in places such as USA, Canada, Asia and South America just to name a few.It is speculated that in Jamaica, the people know more about what is going on in America than they do about what is happening in their â€Å"own backyard. † In Jamaica during election time, the political parties use the media as a way to voice their opinions of the other parties and also articles and pictures are published in order to persuade voters to vote for a particular party or to persuade the public to vote in general. The media also help s with political socialization, this is the process by which people form their ideas about   politics and acquire political values, the two main political arties in Jamaica being the Jamaica Labour Party and the People’s National Party. Social media currently plays a huge part in the political culture of Jamaica. Jamaica tries to emulate the political culture of the United States of America that is using social media forums which include facebook and twitter as a way to promote political parties instead of sticking the usual means of newspapers and new channels. As technology develops, politics has to develop along with it.An example of this is seen by the creation of a facebook page called â€Å"Young Jamaica† which is an affiliate of the Jamaica Labour Party. The purpose of the page is to inform Jamaica’s youth about the JLP and to promote this party over the PNP. It encourages young Jamaicans to get enumerated and it also highlights the failures of the PNP and its members. Another example of social media forum is the seen by the creation of a facebook page called â€Å"Blame Bruce† which is an affiliate of the People’s National Party blaming past Prime Minister Bruce Golding for problems in Jamaica.There was also a â€Å"hashtag† on twitter called â€Å"Blame Bruce†. The Jamaican political culture is less dependent on the local culture. The most recent instance of the local culture being brought into politics was due to the Jamaica 50th celebration on August 6th 2012, Jamaica was an independent nation for 50 years. Due to technological developments, the political culture of Jamaica is less dependent on local culture. Globalization and Social media have had a huge effect on the political culture, as these seem to have more of an influence than the local culture.

Saturday, November 9, 2019

Organizational Behavior Forces Discussion Paper

ORGANIZATIONAL BEHAVIOR FORCES DISCUSSION PAPER TEAM B MGT307 APRIL 12, 2010 ANDY WAGSTAFF Organizational Behavior Forces Discussion In this paper Learning Team B compares and contrasts the different organizations of each of its team members. The team is made up of six students, each of which is employed by a different organization. It was with a collaborative effort that this group was able to discuss and analyze these organizations. The individual companies and business environments that were addressed in the learning team discussions include; a correctional facility, a variety of organizations that provide some form of health care or medical service, a retail store, an insurance company, and one member of Team B is employed at home as a homemaker/student. Team B participated in discussions and analyzed the organizational behaviors of each organization within their group. The purpose of this paper is to provide that analysis that describes some of the internal and external forces that have an impact on organizational behaviors. Team B intends to present an explanation summarizing the findings of the Learning Team discussions. The paper includes an analysis of the following internal and external forces: Restructuring Organizational Mission Competition Economy Customer Demands The following are personal descriptions of internal and external forces that impact organizational behavior within the organizations of each individual member of Learning Team B. Restructuring Restructuring, or rearranging, of an organization can turn a company upside- down and leave employees in a state of shock. This particular external force can have a huge impact on the organizational behaviors of any organization from a medical clinic to a correctional facility. It is customary for a company under restructure to use layoffs or reduce full-time positions to part-time to decrease the costs of employment. Another possible change made by a company trying to survive after downsizing could be to obtain lower employee wages. This could be done by moving the business to a facility in another state or country. For any number of reasons, a company may choose to move only part of its organization during the restructure. For example, a business’ medical records department holds confidential information regarding its employees. With this in mind, the restructuring team may want to select an outside source to perform medical records services during the restructure. This will ensure the confidentiality of its employees and safeguard their personal information. Understanding organizational behaviors brought on by internal and external forces is important for everyone involved whether it is an insurance company, a retail store, or a home health care agency. There is little known about the safety and health risks to workers who face or survive episodes of downsizing, or the effects of downsizing and outsourcing on the capacity of organizations to provide occupational health services and programs for workers {text:bibliography-mark} . Therefore, it is highly recommended that personnel meetings be scheduled to address the questions and concerns of a company’s remaining employees. Organizational Mission The organizational mission of the medical team at the Pendleton Prison System Department of Corrections provides inmate rehabilitation and medical care. The mission of the medical team at Pendleton is to reduce unnecessary morbidity and mortality and protect public health by providing patient-inmate timely access to safe, efficient medical care, dental, and disability programs. The mission statement of an organization affects the organizational behavior within the company by providing direction to each person’s duties within the company. Although the organizations of the members of Team B are significantly different in size and function, the impact of their organizational mission directly affects their organizational behavior and success. Most organizations define a mission statement and develop practices to control the organizational behavior of the organization to accomplish this mission {text:bibliography-mark} . Competition Competition is an external force that affects organizational behavior in retail as well as many other types of organizations. There are several examples of the different external forces that affect organizational behaviors, some of which include; creditors, customers, suppliers, and the labor market. Competitors Competitors are peers that perform similar functions within their professional discipline. Competitors contribute to the industry with their ability, supply, goods, and services, at competitive prices. Competitors’ contributions are usually of a high caliber and this is what gives consumers their choices. Creditors In contrast, creditors have an impact in retail because most businesses purchase goods and services to a large extent on credit. Generally, these businesses are given discounts or other incentives for buying in bulk. Customers Customers obviously play an essential part in the retail business. In fact, without any customers, there would be no business. In retail, it is important that a business know how to change with itscustomers. This will expand customer confidence and increase buying. Labor Market The labor market affects the number of qualified employees who a business will be allowed to hire. In comparison to expanding customer confidence, the lack of qualified employees at a business can lead any type of organization to customer dissatisfaction. Customer Demands Customer demand is the quantity of a product or service that customers are willing and able to purchase at a given price during a given period {text:bibliography-mark} . Meeting the demands of customers can be difficult at times. The medical field always has tried to satisfy its customers’ needs in the best way possible, but it is becoming more complicated because of the customers’ increased expectations. Here is an example of changes in organizational behaviors of employees at a medical clinic concerning customer demands. A patient is 15 minutes late for his or her appointment so e asked the patient to reschedule the appointment but instead, the patient refuses to leave the clinic until he or she was seen by a doctor. This is when behaviors have to change in order to meet the customer’s demands. There may be times, for instance, when the patient is not able to reschedule the appointment. To meet this customer’s needs, employees have to work even harder. F irst we try to make the customer feel as comfortable as possible until he or she is seen by the provider. We have to gain their satisfaction to go forward to improve our customer services. Second, we focus specifically on this customer. It is important to treat the customer as an individual person just as we want to be treated. One way that a medical clinic can work to improve customer demands is to have questionnaires available for the customers. When the questionnaires are reviewed the company will know what areas that they need to improve in and what areas they are doing well in. These questionnaires may very well lead the medical clinic to implement even more organizational behaviors if needed to increase customer satisfaction. Economy The economy has affected organizational behaviors in many American households. The following is a personal example from an American homemaker and student. My fiance is the bread winner in the household at one point and he was making enough money that I could sit at home and take care of the babies. But now, the economy is so bad that I am now trying to find a job so that we can make ends meet. His job as a correctional officer has stopped giving overtime to the employees. The bills are going up twice as much as they used to be and so now we do not have any extra money to have or to save. Conclusion In conclusion, the internal and external forces that impact the behaviors of an organization can have both a negative and a positive effect on the company itself as well as on the people within the company. These changes in behavior, or reactions from within an organization, are caused by forces such as the restructuring of a business, increased customer demands, technology, competition, or even from a fluctuation in the economy. Although internal forces are considered to be causes that people have either created or could have controlled, external forces are those in which people have no irect control. A business in comparison to people has many forces that can manipulate and form its common behavior and the organizational behaviors of the people within it. Organizations of every kind, from those that provide goods to those that provide services, still have to change continually and positively while searching for new ideas and opportunities to maintain a competitive advantage. This t eam’s belief ist; how a company reacts, how it manages, and how it adapts to changes, will determine its failure or success. References

Thursday, November 7, 2019

Free Essays on Yucca Mountain

History For more than two decades, the Shoshone tribe, scientists, environmentalists, the federal government, Nevada citizens and politicians have wrestled over the fate of Yucca Mountain. Yucca Mountain is located within the Western Shoshone Nation and has long been a place of powerful spiritual energy for the Shoshone tribe. The water in the area is also sacred, as it is with many desert peoples. Yucca Mountain, and the surrounding area, was never actually deemed government land. According to the 1863 Ruby Valley Treaty that the Shoshone signed with the U.S. government, most of the area now used by the U.S. military for nuclear weapons testing and the proposed waste storage site was recognized as Shoshone land. However, the Shoshone are unable to control what happens on their ancestral land. Instead, legislators continue to try to persuade the Shoshone to accept financial compensation for their land, which most view as a way to overshadow native title and prohibit future land claims. In the late 1970s government scientists began to study Yucca Mountain as a possible repository for nuclear waste, and since 1987 it has been the only site considered for 77,000 tons of spent nuclear fuel and other radioactive waste. 98% of all the radioactive waste generated by U.S. nuclear reactors may soon be headed for the mountain. There is already more nuclear waste than the repository can hold, unless the 77,000 ton limit is raised. Though the facility will not open until 2010 at the earliest, reactor waste now sitting in pools of water around the country will fill Yucca Mountain’s tunnels and leave room for less than one third of the government’s nuclear defense waste, leaving 7,500 tons with no place to go. Commercial nuclear power plants produce 2,000 tons of high level waste per year, and by the time Yucca Mountain would be full in 2035, there would be 42,000 tons of newly generated civilian waste at reactors around the country. Th... Free Essays on Yucca Mountain Free Essays on Yucca Mountain THE YUCCA MOUNTAIN NUCLEAR WASTE REPOSITORY After much research and reading about the Yucca Mountain nuclear waste and repository, I have gained much knowledge of the situation. I will share with you the facts and what I have learned researching this topic, as well as the pro’s and con’s and my favorite part, my personal opinion. One would hope that they would find this topic an interesting topic. The controversial issue that is occurring with the Yucca Mountain area is not weather its right or wrong, but more of what we should do with our nuclear waste and where to store it. â€Å"In July 2002, president Bush signed a bill designating the Yucca Mountain site for development as a repository for the disposal of spent nuclear fuel and high-level radioactive waste† (orcwm.doe.gov). A valley not too far away from â€Å"Sin City† aka Las Vegas, Nevada, there is a remote desert where Yucca Mountain is in for consideration for storing nuclear waste. The U.S. Department of Energy began to study in this area in 1978 to determine whether it would be a decent place to contain the nation’s first long-term geologic repository for spent nuclear fuel and high-level radioactive waste. Spent nuclear fuel is the radioactive by-product of making electricity commercial nuclear power plants and high-level radioactive waste is by-product from production at defense facilities. However, back in 1982, Congress also established a national policy to solve the problem of nuclear waste disposal. This policy is a federal law called the Nuclear Waste Policy c ongress based this policy on what most scientists worldwide agreed the better way that would work to dispose of the nuclear waste that has been accumulating over the years. Yucca Mountain was not the only place Congress had in mind where to store the nuclear waste; they also came up with six other states for consideration as potential repository sites. The researchers did not just p... Free Essays on Yucca Mountain INTRODUCTION: Yucca Mountain is the possible site of a nuclear repository designed to store and dispose of spent nuclear fuel. It is located in Nye County, Nevada, which is about 100 miles northwest of Las Vegas (this can be seen on Figure #1). This land is federally owned, and located on the edge of the Department of Energy’s Test Site. The repository would be located in the mountain and be approximately 1000 feet below the top of the mountain and 1000 feet above the groundwater level. The repository will be designed to hold well over the 77,000 tons of nuclear waste already accumulated. If the project receives approval, it would be the nations first geological repository for disposal of spent nuclear fuel. The Yucca Mountain site was chosen for several reasons. First of all, water is the main means of transporting waste out of a nuclear repository and into the environment. The Yucca Mountain site is located in one of the driest and remote places in the United States. The area receives less than 7.5 inches of rain per year, and 95 percent of that does not even reach the mountain. The site also has many natural barriers, which prevent what little water is available from entering the site. The possible site is also located on federally owned land, which eliminates the lengthy task of acquiring land from the state. There is also no risk that groundwater that serves any of the nearby cities will be contaminated by the site. This is not possible, because the groundwater system that encompasses Yucca Mountain is not connected to groundwater of the Las Vegas Valley. The groundwater system at Yucca Mountain is an isolated hydraulic basin; that is; it does not connect to any other water sources. Isolated hydraulic basins are a very rare feature, and it is very well suited for the site. For these reasons, Yucca Mountain was chosen as the possible site of the geological nuclear repository. COST: The Yucca Mountain p... Free Essays on Yucca Mountain History For more than two decades, the Shoshone tribe, scientists, environmentalists, the federal government, Nevada citizens and politicians have wrestled over the fate of Yucca Mountain. Yucca Mountain is located within the Western Shoshone Nation and has long been a place of powerful spiritual energy for the Shoshone tribe. The water in the area is also sacred, as it is with many desert peoples. Yucca Mountain, and the surrounding area, was never actually deemed government land. According to the 1863 Ruby Valley Treaty that the Shoshone signed with the U.S. government, most of the area now used by the U.S. military for nuclear weapons testing and the proposed waste storage site was recognized as Shoshone land. However, the Shoshone are unable to control what happens on their ancestral land. Instead, legislators continue to try to persuade the Shoshone to accept financial compensation for their land, which most view as a way to overshadow native title and prohibit future land claims. In the late 1970s government scientists began to study Yucca Mountain as a possible repository for nuclear waste, and since 1987 it has been the only site considered for 77,000 tons of spent nuclear fuel and other radioactive waste. 98% of all the radioactive waste generated by U.S. nuclear reactors may soon be headed for the mountain. There is already more nuclear waste than the repository can hold, unless the 77,000 ton limit is raised. Though the facility will not open until 2010 at the earliest, reactor waste now sitting in pools of water around the country will fill Yucca Mountain’s tunnels and leave room for less than one third of the government’s nuclear defense waste, leaving 7,500 tons with no place to go. Commercial nuclear power plants produce 2,000 tons of high level waste per year, and by the time Yucca Mountain would be full in 2035, there would be 42,000 tons of newly generated civilian waste at reactors around the country. Th...

Tuesday, November 5, 2019

Blooming Trinity Essay Research Paper English 1302018October

Blooming Trinity Essay, Research Paper English 1302.018 October 11, 2000 Blooming Three In the verse form? When Lilacs Last In The Dooryard Bloom? vitamin D? , by Walt Whitman, three of import symbols are introduced. These symbols of a star, the lilac, and a bird exhibit Whitman? s transcendental philosophy and service as an allusion to Abraham Lincoln? s life and decease. Whitman? s poesy, through these symbols, opens a window to the predominating societal attitudes, moral beliefs, and cultural temperament of his clip through his allusions to President Lincoln. To understand Whitman? s poesy one must foremost cognize something about the poet himself. Walt Whitman was born on May 31, 1819 in Long Island New York. Whitman disliked the thought of going a carpenter like his male parent and opted to seek his ain luck. The publication of Leafs of Grass, Whitman? s major literary work, was a major turning point in Whitman? s life. ? Before, he was a instructor, pressman, journalist, carpenter, and more. After, no affair what else he did, he was a poet? ( Wiener 14 ) . Whitman? s strong resistance to slavery gave him jobs subsequently on as in life. Langston Hughes relates when he says? [ Whitman ] had been an editor of the Brooklyn Eagle, but was fired at that place in 1948, because he refused to back up Governor Cass of Michigan who advocated the continuance of bondage? ( Wiener 196 ) . Whitman greatly influenced many people of his clip period but besides was influenced by other authors. Russell Blankenship, a professor at the University of Washington, relates this fact when he says that Whitman was? influenced by the august American author and philosopher Ralph Waldo Emerson? ( Wiener 106 ) . Emerson is normally known as a transcendentalist. A transcendentalist is a individual who is? idealistic and optimistic. They believed they could happen replies to whatever they were seeking. All they had to make was larn to read, through their intuition, the external symbols of nature and in terpret them into religious facts? ( Brulatour ) . Whitman? s transcendental philosophy is important in? When Lilacs Last in the Dooryard Bloom? vitamin D? because of the usage of three symbols that serve as an allusion to Abraham Lincoln? s life and decease. President Abraham Lincoln was one of our state? s greatest presidents. Lincoln? s low beginnings and rise to go arguably the most powerful individual in the United States are a great representation of the American thought that anyone can go anything he aspires to be. One of Lincoln? s major parts was his engagement in the Civil War. As commanding officer and head of the Union ground forces, Lincoln had the duty of working with the generals of the brotherhood ground forcess to get the better of the Confederate ground forcess. Lincoln, like Whitman, besides felt that bondage was an abomination and? on January 1, 1863, he issued the Emancipation Proclamation that declared everlastingly free those slaves within the Confederacy. ? ( White House. ) After the Union ground forces won the war, President Lincoln was assassinated while watching a drama in Ford? s Theatre, Washington. The state? s bereavement was displayed as? a crowd of grievers gathered at each railroad station as the funeral train rolled westward toward the Illinois prairie, to Springfield, where Abraham Lincoln was buried. ? ( Groiler ) . Whitman? s verse form, ? When Lilacs Last in the Dooryard Bloom? vitamin D, ? efforts to demo the bereavement of a state every bit good as Whitman? s personal unhappiness. In the verse form? Where Lilacs Last In The Dooryard Bloom? vitamin D? the lilac has generated diverse readings. When I foremost read? Where Lilacs Last In The Dooryard Bloom? vitamin D? I thought of the lilacs as stand foring beauty and love, presumptively for the late president. Yet, with farther reading, I found that there are several other readings. Edwin Miller, a professor of English at New York University and recognized Whitman bookman, interprets the? branchlet as the season O f metempsychosis, the sense of odor ( The? get the hanging olfactory property? ) , twenty-four hours and physical life, love as the recollection of decease ( the lilac as a flowered testimonial on the casket ) ? ( Miller 187 ) . Another reading, by Kenneth Burke, writer of? Policy Made Personal: Whitman? s Verse and Prose? Salient Traits? , provinces? . . . the broken? branchlet? of lilac as the star? dropt in the dark? ; the? aroma strong? of the lilacs? in the dooryard looking an old farm-house, ? the olfactory property of the? corsages? placed upon the coffin, ? ( Miller 188 ) . Both readings by Burke and by Miller indicate that the lilac is most likely representative of the flowers placed on the coffin at Lincoln? s decease. Through the usage of the lilac in the verse form we come to understand that it is a realistic symbol with deeper significance. Whitman? s transcendental philosophy shows itself in the verse form by the usage of the lilac as a representation to Lincoln? s dece ase. Another symbol in? Where Lilacs Last In The Dooryard Bloom? vitamin D? is a bird described as a? lone? , ? grey-brown? thrush. When I foremost read? Where Lilacs Last In The Dooryard Bloom? vitamin D, ? my readings of the bird included the possibility of Lincoln? s spirit, freedom, or even his idiosyncrasy. I thought of the thrush and Lincoln? s idiosyncrasy because Lincoln appeared as a lone person in the bulk of the images I have seen him in. I went back to my readings and found that in Miller? s reading? the bird has been associated with love, insight as cognition of decease, the? idea of mortality? and the poetic procedure itself ( the bird as the? brother? of the supporter ) ? ( Miller 187 ) . Burke takes another point of position when he relates that? the thrush besides has a complex symbolic intent: it is decease, love, poetic procedure, but more. Traditionally the bird is associated with the flight of the psyche after the decease of the organic structure? ( Miller 189 ) . I p articularly admired Burke? s input with the flight of the psyche. I concluded that the thrush in this verse form could be seen as a symbol of President Lincoln? s spirit or psyche and the? warbling vocal? of the thrush as either a bereavement vocal or possibly a vocal observing a great spirit. The last of the three symbols in? Where Lilacs Last In The Dooryard Bloom? vitamin D? is the star. The symbol of the? Western Star? is evidently a direct relation to President Lincoln since Lincoln was from Illinois, which was a western province at that clip. I besides thought of the star as something that was lighting, olympian, or possibly a mention to the American flag. Miller? s reading was that the star? has elicited greater understanding because of its obvious association with the President? s decease, although the symbol has been extended to included decease itself or the Western construct of decease? ( Miller 187 ) . After reading this reading, I besides thought that the star could be a representation of the rhythm of life. The forenoon: relating to birth and childhood ; the twenty-four hours: relating to maturity and old age ; and the starry dark: decease and liquors. Burke states that? the? drooping? star, the broken? branchlet? of lilac, and the supporter? s psyche before the blackwash which? sank? as the star? dropt in the dark? ( Miller 189 ) . The psyche of President Lincoln was non the lone thing that? sank? , both the state? s and Whitman? s lesson were besides unfavourably affected by decease of the President. In? When Lilacs Last in the Dooryard Bloom? vitamin D? Whitman speaks of a? three? . The three is normally recognized as a symbol of the Father, Son, and the Holy Ghost but in? When Lilacs Last in the Dooryard Bloom? vitamin D? the three is one symbol stand foring three more. The symbols of the lilac, the thrush, and the star come together into one three to demo Whitman? s transcendental philosophy and service as an allusion to Abraham Lincoln? s life and decease. 370 Brulatour, Meg. What is American Transcendentalism? 1 Oct. 2000

Saturday, November 2, 2019

The Effects that William Penn Building Has on Its Surroundings Research Paper

The Effects that William Penn Building Has on Its Surroundings - Research Paper Example Penn himself suggested the name the Latin name of "Sylvania" for this place, which means land of woods, but King Charles of England amended it to â€Å"Pennsylvania† which means Penn’s woods, in order to pay great regards for Penn. In the honor of the founder of the city, a huge bronze statue of Penn is mounted over the top of city’s hall building, also termed as the William Penn building. Penn was not only a good state developer, but he was also one of the early voices for democracy & the union of states. He had very good relations with the colonials & he was in favor of united states of Europe too, along with the United States of America. He proposed some principles for the Pennsylvanian government which are of great inspiration in today’s US constitution. He argued in his most writings that unity is the solution to the problems faced in that time particularly & there is no place for war & unnecessary occupation over people & places. Since his childhood he had seen many sufferings; he was a deep reader of human reaction to sufferings & epidemics & always preferred peace & harmony between people of every place & every religion. The William Penn building has been built on a public square termed by Penn as the Centre square since it is located at the middle of the city of Philadelphia. The centre square is one of the squares laid by Penn himself & planned that it would be a ten-acre place for public buildings. Hence according to his wishes, the Philadelphia city hall has been built at the place. The construction started in the year 1871 & since then many changes have been made to the building with a total cost of $24 million. It covers a total area of 58,222 m ² & is of 167  m height including the bronze statue of William Penn. The building was completed in the year 1901 & since then it has been one of the tallest buildings in the world. For many years, it was forbidden to build any building in the surroundings which gets higher than the statue of Penn, but then the restriction was lifted. It is also the largest  municipal building in the United States. It was designed by a famous architect of that time s John McArthur, Jr. in the second empire style of architecture.Â