The Broken Column and Olympia Essay Example | Topics and Well Written Essays - 750 words

The Broken Column and Olympia - Essay Example The article The Broken Column and Olympia centers around the correlation of two compositions, The Broken Column and Olympia. Basic imaginative practice and subjects inside societies recommends Ancient Egyptian craftsmanship was made as a methods for celebrating notable individuals and the antiquated Greeks made workmanship to assist them with revering their divine beings and goddesses and to protect their social fantasies. The Romans appear to have received components of the Greek style and melded it with components of the Egyptian style to build up a creative methodology planned to move and praise their social accomplishments. After the fall of Rome, the craft of the Middle Ages got ruled by subjects of Christian strict legends so as to dismiss the Paganism of the fallen Empire, consolidating strict, political and instructive reason. From here, the specialty of the Renaissance mirrors the re-disclosure of progressively antiquated artistic expressions melded to new logical headways g iving it an authentic and exploratory reason. As this avoid through craftsmanship history illustrates, it is handily comprehended that workmanship can be utilized for a few purposes and it is frequently propelled or created here and there to expand on the past while mirroring the perspectives of the present. As a trying artist, the craftsmanship that interests most to me is what faces challenges and embraces an increasingly present day or rearranged portrayal of subject, for example, Edward Manet's historic Olympia going into the advanced period or Frida Kahlo's The Broken Column as a demeanor of oddity. ... More than that, she is obviously fruitful in that she has a worker and lives inside an extremely rich condition. Her hireling is dull to such an extent that she nearly gets lost out of sight shade of the artwork despite the fact that she remains at the edge of the most distant side of the bed. In light of the manner in which he made the artistic creation, Manet leaves it broadly not entirely clear. â€Å"The open bareness of a lovely lady now and then turns into an issue of governmental issues †¦ which activities are allowed under which implicit and regularly evolving rules† (Friedrich 1). Her appearance inside the inflexibly appropriate Victorian culture was stunning in light of the fact that she was viewed as an effective, delightful and free lady when contrasted with the for the most part feeble ladies of the age. In this way, her portrayal inside amenable society was an immediate test to the inflexible beliefs of legitimacy and virtue on the grounds that the work of a rt proposed that her conduct and character were acknowledged and even overlooked inside her general public. In â€Å"The Broken Column† (1944), Kahlo utilizes fanciful pictures to delineate her own torment and enduring and line to hold everything together while likewise showing an autonomous lady. The messed up section of the title alludes to the inner structure of Frida’s spinal segment. This spinal segment is seen through the torn skin and approximately twined gauzes that are the main things holding her together. The messed up segment represents her absence of a help structure and speaks to her feeling of irregularity while it demonstrates one of her significant wellsprings of torment. Her skin is pricked done with minuscule pins, exhibiting that she is never liberated from the littler agonies of day by day life. The pins proceed down the correct side of her body, which is the side that had been disabled by both

INSURANCE MARKETS & OPERATIONS Essay Example | Topics and Well Written Essays - 2250 words

Protection MARKETS and OPERATIONS - Essay Example The different effects of the dangers that influence the protection business are broke down alongside their effect upon the interest and gracefully of protection. Regardless the effect of the interest and flexibly upon the protection and upon the business overall is inspected alongside their endless supply of the business structure. Components that influence different protection activities are resolved with the force of their effect in regards to the adjustment in gracefully and change in the protection business along these lines bringing about the adjustment in the structure. The fate of the protection adding up to different elements that represents the adjustment in the business and how they will affect the business later on is broke down. The extent of the business later on in regards to changes in the interest and gracefully alongside the auxiliary changes that will be advanced in order to profit by the outer components is resolved (Rejda, n.d.). The reaction of the business in re gards to the components is broke down in present and future terms and the eventual fate of the protection business is resolved with respect to change and the outside elements. ... Amal, et al., 2012). The outside components of the protection business are talked about in detail beneath. Dangers The protection business is to record and tackle hazards that are looked by different elements. The adjustment in the power of the hazard decides the interest and flexibly of protection. The auxiliary dangers that have developed in the ongoing years when the organization mergers improved and different organizations began combining the hazard expanded. There are different dangers factors influencing the protection business and they are ordered differentially alongside the nature and effect (Coomber, 2006). The adjustment in the dangers that are to be confronted the protection business changed in understanding in order to deal with those dangers. Monetary Risks The financial dangers expanded when the worldwide emergencies in different economies expanded and along these lines affected the protection business. Major deliberate budgetary disappointments bringing about the conc lusion of many corporates, for example, Enron and Lehman Brothers Bank has accumulated the goal towards reevaluation of hazard (Jeffrey and Amy, 2004). The financial changes far and wide have made the protection business understand the power of the dangers that in expanding and consequently represent the changing and expanding danger of economy to consolidate in its tasks and structures. The monetary uneven characters the world over and the adjustment in the salaries have made the protection business reanalyze the interest of the protection. Natural Risks The meaning of the dangers completely changed when the ecological changes in the globe started quite a bit of a worry. The turn of events and the effect of the dangers that is looked by the earth caused the protection business as how the

Financial Basics Expert Tips for Smarter Spending

Financial Basics Expert Tips for Smarter Spending Financial Basics: Expert Tips for Smarter Spending Financial Basics: Expert Tips for Smarter SpendingWe want to let you in on a little personal finance secret: Spending less is great, but you can only take control of your financial future by spending smarter, too.Since April is  National Financial Literacy Month, we’ve been writing a series of posts that all focus on the basic building blocks of personal finance. For this article on smarter spending, we reached out to a whole host of financial experts to get their tips and advice. Here’s what they had to say!Build a budget.Christian Stewart, Ramsey Preferred Financial Coach for Do Better Financial:“Create a monthly budget. Managed money goes farther, so the best thing you can do is give every dollar a job using zero-based budgeting. Youll feel like you got a raise when you tell your money where to go instead of wondering where it went.”Todd Huettner, President of residential mortgage bank  Huettner  Capital (@HuettnerCapital):“If you dont have a monthly budget, you simply c ant spend smarter because you cant define smart or stupid without knowing how much money you have and what expenses you have.”Track your expenses.Marc Andre, personal finance blogger at  VitalDollar.com (@vital_dollar):“One of the most important things you can do to improve your spending habits is to track your expenses. Creating a budget is common advice (and good advice), but a budget wont do you any good unless you know you are actually sticking to the budget.“In order to know that, youll need to record your expenses. Its not difficult, but it does take a little bit of effort. You can use a spreadsheet or paper, but take a few minutes at the end of each day to record everything that you spent that day.“You should also check your bank and credit card statements at the end of the month for any automated payments or anything else that you might have missed. Give each expense a category (food, gas, housing, etc.) and then you can add up the totals for each category, as well a s the overall total.“Tracking your expenses can be a really eye-opening experience, and youll probably see a few areas right away that are higher than you expected. Its a simple way to get information that you can use to know where you need to cut back. And there are also some apps, like Mint, that help to make it more of an automated process and can save you some time.”Use cash rather than plastic.Todd R. Christensen, author, Accredited Financial Counselor ®, and education manager at  Money Fit by DRS, Inc. (@MoneyFitbyDRS):“Use cash rather than plastic (credit, debit, store, and pre-paid). You will spend on average almost 15 percent less because of the physical nature of cash and the requirement to actually count it out.“Take only the amount of cash into the store that you plan to spend. Leave store, debit, prepaid, and credit cards at home. You can’t overspend if you only have the budgeted cash.”Stephanie Schill, personal finance blogger at Wynning in Life (@wynningi nlife):“Pay with cash, and save the change. Pull out the amount of money from an ATM that you aim to spend in a week. Any change you receive put it into a piggy bank or jar. Any money left over at the end of the week put aside. You can use that for future savings, the start of an emergency fund, or a slush fund to pull from if you have a week where you run out of money early.“Only take into a store how much you intend to spend. If you’re heading to the grocery store and only want to spend $40, bring in $40. cash Are you going to the salon for a haircut and know you always get talked into add-on services? Only take in as much as the service and tip will cost, and nothing more. It’s easy to turn down upselling of product or services when you only have a set amount of money in your pocket.”Pay yourself first.Amy White, personal finance blogger at Daily Successful Living (@amysdailyliving):“My number one tip for anyone trying to improve their financial life is to start by pa ying themselves first.  Every single time you get paid or receive money you should be setting aside a small portion of it for yourself.  I personally recommend 10 percent of your income, but if you are just getting started you may need to start with a smaller percentage.“When many people hear this advice, their first reaction is that they dont have any extra money.  They probably dont, but Ive found that regardless of your income when you prioritize setting aside money for yourself youll find a way to pay the rest of your bills.“As soon as you begin paying yourself first and putting yourself first in your financial life something changes inside of you.  That money becomes your future and you are willing to sacrifice in other areas so that you can continue to save and grow your money.“Once you begin paying yourself you are finally free to begin saving for retirement, your emergency fund or using it to reduce your debt. “Make a list.Christian Stewart:“Dont become of a vi ctim of the Bullseye Effect. Ever been into a certain store for one or two items, and walk out $250 wondering what happened? Making a list of the things you need, whether shopping for groceries or clothes, can keep you on track with your money.”Consider quality over quantity.Personal finance blogger Kelan Kline of  The Savvy Couple  (@TheSavvyCouple):“Always seek the best value. Whether it’s a new pair of sneakers or a meal from the grocery store frugal people always seek the most value. Frugal living is all about getting the most value out of your money.“Instead of buying quantity, start thinking about quality. You want your purchases to continue to work and provide value years down the road.”Stephanie Schill:“Consider quality over quantity. In many cases, spending is an impulse. You are spending because you want something, not because you really need it. Consider, before you buy, if you own something already that can do the job.Is there already something to eat for din ner in the refrigerator or pantry?  Do you own a similar sweater? Does your child already have a toy that is close to this one? Try to walk away from the purchase! You’ll likely forget about it by tomorrow anyway.”Look for places to cut back.Todd Huettner:“Monthly subscriptions have become so popular, we lose track of how much were actually spending on things. Add them up every month and see what you can cut.“Make a list of the top 10 things you could cut out from your budget to save a few bucks periodically or for several months in an emergency.”Pay for services upfront. Doug Keller, marketing manager at  Payless Power (@paylesspower):“Often when payment is completed after a service is received, individuals are inclined to pay more than desired, especially if careful attention is not paid beforehand. This is the case for dining out or other services such as utilities. When possible, it is advised that you pay upfront in order to protect yourself from overspending based on your budget.“There are a number of plans and services you may not be aware of that offer this, such as prepaid electricity which requires no deposit or credit check and allows consumers to pay whatever they want and subsequently receive the corresponding amount of electricity.Negotiate with your creditors.Stephanie Schill:“If you have debt payments higher than you’d like, give the lenders or creditors a call and explain your situation. They may lower your interest rate, or reduce your payment. It’s totally worth the effort.Think cell phone, cable, and insurance, but it could be any debt: mortgage, student loans, etc. as well. Be brave and make the call. Youll be happy you did.”Try separate savings accounts.Todd Huettner:“A simple tip to get control of your spending is to create a separate savings account for each discretionary spending item in your budget. Automatically transfer funds each month into the account.“Examples include gifts, vacation, groceries, enterta inment, eating out, clothing, auto maintenance (oil changes and dont forget miscellaneous repairs including tires).”Dont grocery shop when hungry or stressed.Todd R. Christensen:“With regards to grocery shopping, do not shop when you are hungry, in a hurry, stressed or have young children in tow. Studies who you will spend 10 percent to 15 percent more with children in your cart or at your side, and even more when you are hungry.”Save up for big purchases.Christian Stewart:Saving each month for a big purchase, like new furniture or a car, helps you avoid incurring debt and gives you time to find the best deal.”Always think long-term.Kelan Kline:“Cheap people always look for a quick fix, something that will benefit them immediately. Frugal people are always looking for a long-term solution.“Get into the habit of thinking long-term when making purchases, especially big purchases. Things like appliances, cars, and houses should be thought of as a long-term investment. These are items you want to get the most value out of in the long-term.“Being able to sacrifice your desire for instant gratification and a fast solution will save you a ton of money.”Create a no spend day, week or month. Stephanie Schill:“Create a no spend day, week or month for yourself. If you’re a regular impulse shopper this may help curb your habit. Challenge yourself to eat what’s in the refrigerator and freezer. Participate in free activities, go to the park, head to the library, etc.Stay off your phone to avoid online shopping. Whatever the deal is, there will be another one. What you dont spend, roll into debt payments or save!”Be creative and know yourself.Todd Huettner:“A great example a lady told me yesterday at a lunch-n-learn workshop I was invited to present at a local business was as follows:I opened a savings account at a small credit union with only a few branches that are all 45 minutes away. It does not offer online banking and the account does not allo w check writing.So, I can mail deposits, but I have to actually go into the branch to make a withdraw and its simply too time-consuming to do that without rearranging my day and I know I won’t do it.Ask yourself this one simple question.Stephanie Schill:“Ask yourself Will I be happy I bought this a week from now? Will I be happy I bought this a month from now? A mind trick can help you curb impulse spends and put into perspective if what you’re buying is really a need or a want.”To learn more about how you can spend less, spend smarter, and save more money, check out these other posts and articles from OppLoans:How to Raise Your Credit Score by 100 Points7 Ways to Avoid Overdraft Fees10 Good Money Habits to Make Your Friends JealousBuilding Your Financial Life: Budgeting for BeginnersDo you have a   personal finance question youd like us to answer? Let us know! You can find us  on  Facebook  and  Twitter.  |  InstagramContributorsMarc Andre is a personal finance blogger at   VitalDollar.com (@vital_dollar), where he writes about saving money, managing money, and ways to make more money. His goal with Vital Dollar is to help individuals and families get the most out of the money they have and to reach their full financial potential. He lives in Pennsylvania with his wife and their two kids (a son and a daughter).Author and Accredited Financial Counselor ®, Todd R. Christensen, MIM, MA, is Education Manager at  Money Fit by DRS, Inc. (@MoneyFitbyDRS), a nationwide nonprofit financial wellness and credit counseling agency. Todd develops educational programs and produces materials that teach personal financial skills and responsibilities to all ages. Having facilitated nearly two thousand workshops since 2004 on the fundamentals of effective money management, he based his first book, Everyday Money for Everyday People (2014), on the discussions, tips, stories and ideas shared by the tens of thousands of individuals and couples in attendance.A recognized rea l estate and personal finance expert with over twenty years of experience,  Todd  Huettner  is frequently quoted in the business press including The Wall Street Journal, CNBC, Credit Karma, and Realtor.com. He is President of  Huettner  Capital (@HuettnerCapital), a residential mortgage bank located in Denver, CO.   In addition to earning an economics degree and an M.B.A.,  Todd  has held his real estate license in multiple states and been an underwriter, financial analyst, and consultant.Douglas Keller has been a financial expert for 20 years, helping people reach financial stability. He works for  Payless Power (@paylesspower) where he continues to help people save money on their bills every month.Kelan and Brittany Kline aka The Savvy Couple  are two thriving millennials that are daring to live differently. They started their personal finance blog  in September 2016 to help others get money $avvy so they can live a frugal and free lifestyle. Brittany is a full-time 4th-grade teac her and Kelan runs The Savvy Couple full-time and works as a digital marketer. You can follow them here:  Facebook,  Twitter,  Pinterest, and  Instagram.Stephanie Schill is the creator of the personal finance blog  Wynning in Life (@wynninginlife).  On her site, she shares how you can spend less, save more, and achieve your financial goals faster. A lifetime saver and self-proclaimed shameless couponer, she is passionate about saving intentionally,   spending deliberately, and having fun along the way. When not writing she enjoys spending time outdoors with her husband Nick and their daughter Wynn.Christian Stewart is the founder and lead financial coach of  Do Better Financial. She has always been interested in money, from saving for her first car at age six to buying her first mutual fund at 18. This passion lead her to get a Finance degree from Texas AM University, but a lack of planning also meant student loans. She was introduced to the concepts of budgeting and the debt snowb all shortly after buying her first car and proceeded to pay off $32,000 in debt in only 27 months. She founded Do Better Financial to empower people to take control of their finances and start winning with money.Amy White, MBA is the founder of  Daily Successful Living (@amysdailyliving), a website dedicated to helping people learn to manage their money.    Amy believes that with the right help anyone can become a personal finance expert.    As an entrepreneur, Amy has helped coach her readers to take control of their money, learn to create profitable side hustles and begin preparing for retirement.

Leadership Style Of Leadership Styles - 870 Words

Leadership is a form of leading individuals towards a specific goal/objective and with that comes many different theories/styles about leadership. There isn’t one perfect way to lead and Jeff Bezos, Ken Chenault and Jack Welch show that different types of leadership styles could lead to success. They have had great success throughout their careers as CEO; they were able to find what worked and led their companies to great success. While there isn’t one specific way to lead to success there are plenty of styles that could be applied to help move towards success; Coercive/Commanding, Authoritative/Visionary, Affiliative, Democratic, Coaching, and Pacesetting. â€Å"Leaders who used styles that positively affected the climate had decidedly better financial results than those who did not. That is not to say that organizational climate is the only driver of performance. Economic conditions and competitive dynamics matter enormously.† (Goleman, 2000). With that said we will compare the six styles and discuss the CEOs relation to those styles. Coercive/Commanding is a style of leadership that is demanding and expects subordinates to listen. Typically the best time for this approach is when there is time constraints around a project and not time could be wasted. While that approach could work; employees feel disinterested and that they don’t have input into the situation. Authoritative/Visionary focuses on giving the group a vision to believe in; something to aim for. This styleShow MoreRelatedLeadership Styles : Leadership Style780 Words   |  4 PagesIntroduction Leadership style is designed according to a pioneer s behaviors, which is enveloped under behaviorist theory. Inside of this class, distinctive examples of leadership behavior are watched and classified as leadership styles. Practicing managers have a tendency to be the most keen on looking into this specific theory in light of the fact that with it leaders can modify their style taking into account the convictions, values, inclinations and society of the association they work for.Read MoreLeadership Styles And Leadership Style1026 Words   |  5 PagesThe fourth subject is the leadership style. As of right now the company is an autocratic style. This means that there is less communication involved. â€Å"In an autocratic leadership style, the person in charge has total authority and control over decision making.† (Leadership Toolbox) The leadership style mainly effects the employees. The reason for this is because with an autocratic leadership, there is less communication. The employees have opinions in the business and they want to share thoseRead MoreLeadership Styles Of Leadership Style1399 Words   |  6 PagesWhat is leadership? Merriam-Webster Online Dictionary defines leadership as â€Å"the power or ability to lead other people†. Although this is simply put, it is also correct. But leadership is much more than the ability to lead. The ability is one piece of the puzzle. Other pieces to consider in leadership are education, attributes, and style, just to name a few. In this assignment, I will focus on leadership style. Specifically, I will discuss my style according to the assessment developed byRead MoreLeadership Style Of Leadership Styles897 Words   |  4 PagesThe last style of leadership is delegative leadership in which the leader delegates tasks to the employees. This leader is abl e to derive satisfaction from allowing the staff to participate in decision making responsibilities (Brody and Nair, 2014, p. 4). These leadership styles are not set in stone and characteristics may overlap into other leaderships styles. The leadership style that would best suit a rural area is participate leadership style. In rural areas agencies and organizations lack resourceRead MoreLeadership Styles And Leadership Style851 Words   |  4 Pageswant to give critical thought to your unique leadership style and foster genuine followership, learn from what’s out there and weave it into something meaningful and authentic.† (Feiner, 2015) For the last two weeks, I have spent time self-analyzing and soul searching to identify the qualities I bring to a leadership role. Many of the core values important to me also align between the participative leadership style and laissez-faire leadership style. These values include working in a team environmentRead MoreThe Leadershi p Style Of Leadership Styles1994 Words   |  8 Pagesthat leadership is a kind of ability or activity which a leader could straight affect and guide their followers to achieve certain objectives in the specific situation (John Calvin Maxwell,2011). The shifting internal elements and increasing external competitions have posed growing demanding to managers’ leadership approaches. However, managers are provided with various personalities or perspectives, accordingly, managers are not accomplishing their aims by using similar styles. The leadership styleRead MoreLeadership Styles : Leadership Style995 Words   |  4 PagesLeaders are expected to use a leadership style, communication skills, and their knowledge of interpersonal and team dynamics to create an appropriate quality of work life for their followers in the workplace. A leadership style is a combination of a leader’s attitude, expertise, character, and values that is exhibited in the leader’s behavior. Each style of leadership reflects a leader’s beliefs about a follower’s capabilities. A follower’s perception of leadership style really matters to them, as theyRead MoreLeadership Style Of Leadership Styles934 Words   |  4 PagesThere is much that is written about leadership; like books on leadership styles, techniques and also biographies of leaders that have inspired people to action. While this is true, there is the everyday leadership and a slightly different outlook to leadership as well. Here are a few of them. 1. There Are Different Kinds of Leaders Among leaders are formal and informal leaders. Formal leaders are elected to their positions like congressmen, senators and office bearers of clubs. Informal leadersRead MoreLeadership Styles : Leadership Style979 Words   |  4 Pagestheir own leadership style. In her article, Johnson (n.d.) discusses five leadership styles: Laissez-Faire, autocratic, transactional, transformational and participative. Laissez-Faire has a French origin and it means â€Å"a policy or attitude of letting things take their own course, without interfering† (Oxford dictionaries, 2016). When leaders take total control, such as making all decisions alone and does not ask for the input of the employees, they are using the autocratic leadership style. ThisRead MoreLeadership Style Of Leadership Styles Essay1433 Words   |  6 Pagesprobably feel as if they know enough about leadership to speak on the subject. In many cases, however, this is not truly the case at all. Leadership is a broad concept , and there are several different styles and approaches to consider when studying the topic. It is important to consider these styles and approaches when evaluating the effectiveness, or lack thereof, of any particular form of leadership. With that in mind, this essay will consider the leadership styles of two leaders who are involved in the

Analysis Of The Film Amandla - 1363 Words

Amandela! Throughout the film Amandla! A Revolution in Four-Part Harmony, black South Africans began converting their historical roots in music into a fight for freedom. As these oppressed individuals struggled for racial equality during the twentieth century, music classified as freedom songs emerged as the fight against the inhumane Apartheid intensified. These freedom songs, which are performed and played throughout the film, protest white supremacy and segregation using a combination of inspiring and punishing lyrics to ignite a flame in the hearts of the persecuted. Black South Africans found a way to rally together, fight, and survive the National Party’s attempt at complete segregation through music. Apartheid originated as colonization came to an end in South Africa, in the hope of entirely segregating the nation. Under Apartheid, the rights of the majority black inhabitants were curtailed and the white minority rule was strengthened and put into action. Enforced throu gh legislation by the National Party from 1948 to 1994, 3.5 million non-white South Africans were removed from their homes and forced into segregated neighborhoods, in one of the largest mass removals in modern history (Evans). The purpose of Apartheid was not only the separation of the races, but the separation of groups. White domination wanted to maintain power and did so through the enforcement of racist laws involving unequal social order (Apartheid). Apartheid forced South Africans intoShow MoreRelatedAnalysis Of The Film Amandla Essay1180 Words   |  5 PagesD’Shae Barnes Film Essay: Amandla! A Revolution in Four-Part Harmony The film, Amandla! A Revolution in Four-Part Harmony, showed how during the Apartheid, music in South Africa was a form of expression of the country’s general emotion that portrayed the oppression and struggle the black natives had to endure. Songs amongst the black South African community had different tones; for example, some songs depicted the injustices of the Apartheid amongst the black natives and others would be sung toRead MoreAnalysis Of Angie Thomass The Hate U Give786 Words   |  4 Pagesreflection of the changing times. It was a time of unapologetic, artistic expression and uncovered literary, political, intellectual, and creative icons. Almost a century later, a new generation guides in the next wave of innovative art. From Tv and film to music and literature, the same spirit that brought the Harlem Renaissance rises and manifests into new millennium activism. Among the society of new generation creatives is New York Times best-selling author Angie Thomas. Her debut novel, The Hate

Advanced Corporate Reporting Free Essays

A reporting entity is required to prepare its financial report based on IASB framework and it is so useful for different types of users to evaluate the financial performance of the reporting entity and make suitable decisions. In this essay, the usefulness of conceptual framework in preparing of financial report will be discussed. And also, 2011 annual report of CLP Holdings Limited will be reviewed to further discuss how its qualitative characteristics of the information are useful for shareholders. We will write a custom essay sample on Advanced Corporate Reporting or any similar topic only for you Order Now Finally, one of its qualitative characteristics will be selected to be the most important and a conclusion will be made at the end of this essay. Usefulness of conceptual framework The IASB Framework sets out the definitions and recognition criteria for the elements of financial statements. Before the framework was set, companies might use different definitions and recognition criteria to recognize their transactions, even it is the same nature of transactions. For example, non-current assets can be recognized in cost model or revaluation model. If there was no framework, a company might use cost model to recognize its machinery while revaluation model was used to recognize property. However, the entity is required to be consistent to adopt cost model or revaluation model for a long period under the framework. As a result, the framework is useful for consistent accounting treatments. Because of the consistency, it is easier to compare the entities’ performance over time, even performance between different entities in the same industry. Also, it is easier for the reporting entity to prepare financial statements, especially in preparing consolidated financial statements for multinational entities. Most countries adopt IFRS nowadays. This is an international framework and they can use the same definition and recognition criteria when considering how to treat different transactions such as sales, purchases and valuation of stock. It will reduce the time for arguing the accounting treatment of different transactions. Qualitative characteristics of financial report As a shareholder, the financial statement should have four major qualitative characteristics and these characteristics will be discussed as follow: 1. Relevance A relevant financial statement should be predictable and have confirmatory value. It should be able to predict the future of the enterprise and shareholders can make a suitable decision based on the statement. In 2011 annual report of CLP Holdings Limited (CLP), there is a risk management report which is relevant to shareholders. All entities will probably have different types of risk. Nevertheless, CLP set a risk management framework which consists of risk governance structure and risk management process. The risk governance structure states that who will be responsible for dealing with risks and the risk management process diagram shows how to manage its risks. Additionally, CLP assessed its top tier risks and future challenges so that shareholders can predict how risky if they invest in this company. Another example of relevance is the trend of earnings and dividends per share in the past ten years. The trend can help existing and potential shareholders predict the future performance of CLP. Since 2002, Earnings and dividends per share are increasing except 2009; shareholders then may predict they can still get an increasing earnings and dividends per share in the coming years and they may be willing to invest more in the enterprise. Last but not least, financial statement of CLP has confirmatory value because of its 5-year summary statement. The figures of the past five years has already confirmed in the past annual reports. For example, total revenue sharply increased in 2011 and the main reason is the rising revenue from energy business in Australia. Shareholders may predict that CLP is expanding its business to Australia and the revenue from this segment will continuously rise in the coming few years. Besides the increasing revenue, dividends declared of CLP are very steady and shareholders do not worry if they cannot receive the dividend. Hence, shareholders will evaluate that CLP is worth to invest. 2. Faithful representation A reliable financial statement should be prepared in a true and fair view. That means it should be neutral, free from material errors, complete and prudence. From the point of auditors’ view, the financial statement of CLP is prepared in a true and fair view and it complies with Hong Kong Financial Reporting Standards (HKFRS) and Hong Kong Companies Ordinance. As the auditors’ report is clean, it reflects that the financial statement is free from material errors and the major transactions are completely recorded during 2011. On the other hand, CLP has an audit committee which comprises with five members; all of them are Independent Non-executive Directors (INED) while three of them are members of Hong Kong Institute of Certified Public Accountants (HKICPA). INED do not participate in any operation and decision making of the company and do not have any relationship to the shareholders, so they are not influenced by shareholders and can be no bias in selection of information putting in the financial report. In addition, the financial report is audited by the third party and the opinion can be formed neutrally. Furthermore, the financial report should be prepared in a prudent manner which means assets or revenue cannot be overstated whilst liabilities and expenses cannot be underestimated. For CLP, its inventory is stated at a lower cost or net realizable value. Prudence concept is applied when the company prepare its financial statement. 3. Comparability A qualitative financial statement should be comparable, no matter internal or external. Shareholders must be able to compare the financial performance between different years of the reporting entity and at the same time, they also are able to compare the financial performance between different companies in the same industry. The financial statement of CLP can fulfil this qualitative characteristic. Besides its statement shows the figures of two years (2010 and 2011), it shows the increasing or decreasing percentage of its revenue, expenses, assets and liabilities in 5-min annual report and economic value section. It gives a clear picture to shareholders to compare between two years. Moreover, the financial report is prepared based on HKFRS, the accounting policy is consistent and because of this, it is easier for shareholders to compare the financial performance between different years. Financial statement of CLP can also be compared with Power Assets Holdings Limited (HKEL), which is the major competitor of CLP. In 2011, revenue of CLP is about nine times of HKEL and the operating profit is a double of HKEL. However, profit before taxation of CLP is only $1,000 million more than that of HKEL. Shareholders may query why there is only a small difference between profit of both companies and what is happening on the operation of CLP. Therefore, they can make a correct decision through the comparison. 4. Understandability Besides the above three qualitative characteristics, understandability is important for shareholders too. There are many explanations at the bottom of the financial statement such as a quick guide of its classification of different entities and explanation of indefinite useful life. These further explanations can also help shareholders understand the financial performance of CLP more. As not all shareholders have enough accounting knowledge, some of them may not know how to evaluate the performance through income statement and financial position. Thus, statement of cash flow can help them understand the performance easier because this statement is prepared in cash basis; it clearly reflects the net cash inflows and outflows from different activities. The liquidity and the going concern of CLP can be understood even if shareholders are lack of accounting knowledge. The items of an understandable financial statement should also be aggregated and classified. Revenue in Consolidated Income Statement is aggregated at a lump-sum figure and the analysis of the revenue only revealed in the Notes to the Financial Statements. Another example is bank loans and other borrowings. An analysis of this item is also revealed in the notes. Bank loans and other borrowings is not only aggregated at a lump-sum figure, but also is classified as a current liabilities with other short-term liability. In my opinion, faithful representation is the most important qualitative characteristic. Users of financial report are not only shareholders, but also lenders, government, suppliers, employees, customers and the public. A financial report is prepared on the basis of true and fair which means that financial report is reliable and can be used under different circumstances. For instance, the entity wants to borrow loan from bank, the bank can rely on the financial report and estimate the risk of this loan according to accounting ratios and cash flow. For suppliers, when they consider giving credit terms to the company, they can rely on the statement of cash flow and some short-term items like current assets and current liabilities. Furthermore, the financial report must be audited. If the report is not prepared in true and fair view, the annual report will be qualified. As a result, this qualitative characteristic is the most important. Conclusion To sum up, the financial report must be prepared on the basis of the conceptual framework because the framework provides general theories and recognition criteria in preparing financial report. Additionally, a qualitative report should be relevant, reliable, comparable and understandable. Shareholders can predict the future financial performance based on the past events and the forecast of the company. Also, the report can be compared internally and externally and be understood so that shareholders can decide how to invest their money. On the other hand, the most important characteristic is faithful representation. Financial report must be prepared in a true and fair view so that the report can be unqualified and be used appropriately by the community. (Word: 1598) Reference 1. o CLP HOLDINGS LIMITED, (2012). ‘CLP Group 2011 Annual Report’. Available from: https://www. clpgroup. com/ourcompany/aboutus/resourcecorner/publications/Pages/publication. aspx [Accessed 28. 10. 2012] 2. ELLIOTT, Barry ELLIOTT, Jamie, (2007). Financial Accounting and Reporting. England: Pearson Education Limited, pp. 161 – 181 3. HONG KONG INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (HKICPA), (2010). ‘Conceptual Framework for Financial Reporting 2010’. Available from: http://app1. hkicpa. org. hk/ebook/index. php [Accessed 28. 10. 2012] 4. POWER ASSETS HOLDINGS LTD, (2012). ‘Annual Report 2011’. Available from: http://www. powerassets. com/pahWeb/IR/FinancialReports/AnnualReports/AnnualReport2011_en. htm [Accessed 12. 11. 2012] 5. PUTHRAN, Santosh, (2009). ‘IASB Framework – Financial Statements’. Available from: http://www. managementaccountant. in/2009/07/iasb-framework-financial-statements. html [Accessed 10. 11. 2012] 6. VICTORIA UNIVERSITY, MELBOURNE AUSTRALIA, (n. d. ). ‘Conceptual framework’. Available from: http://www. staff. vu. edu. au/faux/Topic%203%20Conceptual%20Framework%201%202002. ppt [Accessed 28. 10. 2012] How to cite Advanced Corporate Reporting, Papers Advanced Corporate Reporting Free Essays A reporting entity is required to prepare its financial report based on IASB framework and it is so useful for different types of users to evaluate the financial performance of the reporting entity and make suitable decisions. In this essay, the usefulness of conceptual framework in preparing of financial report will be discussed. And also, 2011 annual report of CLP Holdings Limited will be reviewed to further discuss how its qualitative characteristics of the information are useful for shareholders. We will write a custom essay sample on Advanced Corporate Reporting or any similar topic only for you Order Now Finally, one of its qualitative characteristics will be selected to be the most important and a conclusion will be made at the end of this essay. Usefulness of conceptual framework The IASB Framework sets out the definitions and recognition criteria for the elements of financial statements. Before the framework was set, companies might use different definitions and recognition criteria to recognize their transactions, even it is the same nature of transactions. For example, non-current assets can be recognized in cost model or revaluation model. If there was no framework, a company might use cost model to recognize its machinery while revaluation model was used to recognize property. However, the entity is required to be consistent to adopt cost model or revaluation model for a long period under the framework. As a result, the framework is useful for consistent accounting treatments. Because of the consistency, it is easier to compare the entities’ performance over time, even performance between different entities in the same industry. Also, it is easier for the reporting entity to prepare financial statements, especially in preparing consolidated financial statements for multinational entities. Most countries adopt IFRS nowadays. This is an international framework and they can use the same definition and recognition criteria when considering how to treat different transactions such as sales, purchases and valuation of stock. It will reduce the time for arguing the accounting treatment of different transactions. Qualitative characteristics of financial report As a shareholder, the financial statement should have four major qualitative characteristics and these characteristics will be discussed as follow: 1. Relevance A relevant financial statement should be predictable and have confirmatory value. It should be able to predict the future of the enterprise and shareholders can make a suitable decision based on the statement. In 2011 annual report of CLP Holdings Limited (CLP), there is a risk management report which is relevant to shareholders. All entities will probably have different types of risk. Nevertheless, CLP set a risk management framework which consists of risk governance structure and risk management process. The risk governance structure states that who will be responsible for dealing with risks and the risk management process diagram shows how to manage its risks. Additionally, CLP assessed its top tier risks and future challenges so that shareholders can predict how risky if they invest in this company. Another example of relevance is the trend of earnings and dividends per share in the past ten years. The trend can help existing and potential shareholders predict the future performance of CLP. Since 2002, Earnings and dividends per share are increasing except 2009; shareholders then may predict they can still get an increasing earnings and dividends per share in the coming years and they may be willing to invest more in the enterprise. Last but not least, financial statement of CLP has confirmatory value because of its 5-year summary statement. The figures of the past five years has already confirmed in the past annual reports. For example, total revenue sharply increased in 2011 and the main reason is the rising revenue from energy business in Australia. Shareholders may predict that CLP is expanding its business to Australia and the revenue from this segment will continuously rise in the coming few years. Besides the increasing revenue, dividends declared of CLP are very steady and shareholders do not worry if they cannot receive the dividend. Hence, shareholders will evaluate that CLP is worth to invest. 2. Faithful representation A reliable financial statement should be prepared in a true and fair view. That means it should be neutral, free from material errors, complete and prudence. From the point of auditors’ view, the financial statement of CLP is prepared in a true and fair view and it complies with Hong Kong Financial Reporting Standards (HKFRS) and Hong Kong Companies Ordinance. As the auditors’ report is clean, it reflects that the financial statement is free from material errors and the major transactions are completely recorded during 2011. On the other hand, CLP has an audit committee which comprises with five members; all of them are Independent Non-executive Directors (INED) while three of them are members of Hong Kong Institute of Certified Public Accountants (HKICPA). INED do not participate in any operation and decision making of the company and do not have any relationship to the shareholders, so they are not influenced by shareholders and can be no bias in selection of information putting in the financial report. In addition, the financial report is audited by the third party and the opinion can be formed neutrally. Furthermore, the financial report should be prepared in a prudent manner which means assets or revenue cannot be overstated whilst liabilities and expenses cannot be underestimated. For CLP, its inventory is stated at a lower cost or net realizable value. Prudence concept is applied when the company prepare its financial statement. 3. Comparability A qualitative financial statement should be comparable, no matter internal or external. Shareholders must be able to compare the financial performance between different years of the reporting entity and at the same time, they also are able to compare the financial performance between different companies in the same industry. The financial statement of CLP can fulfil this qualitative characteristic. Besides its statement shows the figures of two years (2010 and 2011), it shows the increasing or decreasing percentage of its revenue, expenses, assets and liabilities in 5-min annual report and economic value section. It gives a clear picture to shareholders to compare between two years. Moreover, the financial report is prepared based on HKFRS, the accounting policy is consistent and because of this, it is easier for shareholders to compare the financial performance between different years. Financial statement of CLP can also be compared with Power Assets Holdings Limited (HKEL), which is the major competitor of CLP. In 2011, revenue of CLP is about nine times of HKEL and the operating profit is a double of HKEL. However, profit before taxation of CLP is only $1,000 million more than that of HKEL. Shareholders may query why there is only a small difference between profit of both companies and what is happening on the operation of CLP. Therefore, they can make a correct decision through the comparison. 4. Understandability Besides the above three qualitative characteristics, understandability is important for shareholders too. There are many explanations at the bottom of the financial statement such as a quick guide of its classification of different entities and explanation of indefinite useful life. These further explanations can also help shareholders understand the financial performance of CLP more. As not all shareholders have enough accounting knowledge, some of them may not know how to evaluate the performance through income statement and financial position. Thus, statement of cash flow can help them understand the performance easier because this statement is prepared in cash basis; it clearly reflects the net cash inflows and outflows from different activities. The liquidity and the going concern of CLP can be understood even if shareholders are lack of accounting knowledge. The items of an understandable financial statement should also be aggregated and classified. Revenue in Consolidated Income Statement is aggregated at a lump-sum figure and the analysis of the revenue only revealed in the Notes to the Financial Statements. Another example is bank loans and other borrowings. An analysis of this item is also revealed in the notes. Bank loans and other borrowings is not only aggregated at a lump-sum figure, but also is classified as a current liabilities with other short-term liability. In my opinion, faithful representation is the most important qualitative characteristic. Users of financial report are not only shareholders, but also lenders, government, suppliers, employees, customers and the public. A financial report is prepared on the basis of true and fair which means that financial report is reliable and can be used under different circumstances. For instance, the entity wants to borrow loan from bank, the bank can rely on the financial report and estimate the risk of this loan according to accounting ratios and cash flow. For suppliers, when they consider giving credit terms to the company, they can rely on the statement of cash flow and some short-term items like current assets and current liabilities. Furthermore, the financial report must be audited. If the report is not prepared in true and fair view, the annual report will be qualified. As a result, this qualitative characteristic is the most important. Conclusion To sum up, the financial report must be prepared on the basis of the conceptual framework because the framework provides general theories and recognition criteria in preparing financial report. Additionally, a qualitative report should be relevant, reliable, comparable and understandable. Shareholders can predict the future financial performance based on the past events and the forecast of the company. Also, the report can be compared internally and externally and be understood so that shareholders can decide how to invest their money. On the other hand, the most important characteristic is faithful representation. Financial report must be prepared in a true and fair view so that the report can be unqualified and be used appropriately by the community. (Word: 1598) Reference 1. o CLP HOLDINGS LIMITED, (2012). ‘CLP Group 2011 Annual Report’. Available from: https://www. clpgroup. com/ourcompany/aboutus/resourcecorner/publications/Pages/publication. aspx [Accessed 28. 10. 2012] 2. ELLIOTT, Barry ELLIOTT, Jamie, (2007). Financial Accounting and Reporting. England: Pearson Education Limited, pp. 161 – 181 3. HONG KONG INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS (HKICPA), (2010). ‘Conceptual Framework for Financial Reporting 2010’. Available from: http://app1. hkicpa. org. hk/ebook/index. php [Accessed 28. 10. 2012] 4. POWER ASSETS HOLDINGS LTD, (2012). ‘Annual Report 2011’. Available from: http://www. powerassets. com/pahWeb/IR/FinancialReports/AnnualReports/AnnualReport2011_en. htm [Accessed 12. 11. 2012] 5. PUTHRAN, Santosh, (2009). ‘IASB Framework – Financial Statements’. Available from: http://www. managementaccountant. in/2009/07/iasb-framework-financial-statements. html [Accessed 10. 11. 2012] 6. VICTORIA UNIVERSITY, MELBOURNE AUSTRALIA, (n. d. ). ‘Conceptual framework’. Available from: http://www. staff. vu. edu. au/faux/Topic%203%20Conceptual%20Framework%201%202002. ppt [Accessed 28. 10. 2012] How to cite Advanced Corporate Reporting, Essay examples

Alexander the Great Essay Example For Students

Alexander the Great Essay Alexander the Great Essay By Kenneth W. Dunn Professor Diane Gordon UMUC HIST115 Spring 2005 Introduction Alexander III was born on July 20th, 356 BC to King Philip II and Olympias. He was born in Pella, Macedonia. In 343 BC Aristotle was hired to educate Alexander at the age of 13. In 338 he commanded for the first time the Calvary during the battle of Chaeronea. Alexander ascends the throne of Macedonia in 336 BC after the murder of his father, King Philip II. 336-323 BC is when he started his empire, conquering kingdom after kingdom. Why was Alexander the Great? Alexander III was known as Alexander the Great to his people from 336-323 BC. Why to this day do we still look at Alexander the Great as one of the greatest rulers of the world? Even though Alexander ruled for only 13 years as king of Macedonian what made him gain the title as Alexander the Great? Should he be known for it because of his military skills, his popularity with his people or his leadership skills? Why did Alexander deserve to be called the Great? He was not the first of his time to be called it. There were two others before him that were called the Great, the Persian King Cyrus the Great and the Egyptian Pharaoh Ramses the Great. To this day his leadership skills are still considered by military experts as being the most outstanding commanders of all time. Alexander was able to motivate and inspire his troops to fight any battle for him by leading his troops, talked to every single troop and received the same wounds that they did. One thing that can only be marveled at is the over whelming factor, his charisma. He was the only individual that was able to hold together an empire together. After his death the empire fell apart into competing kingdoms. Alexander III is known to have helped shaped the world the way we know it today. Persians, Egyptians, Babylonians were eastern cultures that dominated the world until Alexander came into rule. He changed the focus on civilization from the eastern to the western societies, Greece and Rome. Alexander took the gold reserves of the Persian Kings and minted it into currency, using his resources to build new cities while continuing his conquest of other kingdoms. This enabled the Greek civilization to spread through out the known world and improving trade relations and activities. Alexander established an economic system that remained active until the industrial revolution in the 18th century. The limits for the inhabited earth at the time was established by him and remained so until the 15th century, before the voyages of the Portuguese and Spanish. Darius III, King of Persian, was one of Alexanders opponents during his rule of Macedonia. Persian was a vas empire that stretched from Egypt, the Mediterranean Sea, India and central Asia. Darius was Alexanders greatest foe and he faced Darius army, which was said to be incredibly large, over one million Persians in 331 BC. In 334 BC Alexanders armies wiped out a Persian defense force at the river Granicus (Turkey). In 333 Darius tasted defeat by Alexander in the town of Issus, (southern part of Turkey). It was in 331 BC, against the million man army, that Darius faced his final defeat at Gaugamela (Iraq). The battle in 334 BC took place when Alexander crossed Hellaspont with and army of 35,000 Macedonians. When they reached the Granicus River they ran into 40,000 Perians and Greek mercenaries. His army defeated 40,000 and according to history his army only suffered the loss of 110 men. At this time all of the minor states of Asia submitted to him. Alexander continued with his army southward and ran into King Darius III main army. The Battle of Issus was in 333 BC and Darius army was said to be 500,000, which is believed to be over exaggerated. During the battle Darius was cut off from his base so he fled northward at the same time abandoning his mother, wife and children. Down syndrome 2 Essay He might have escaped, but a vine caught his foot and he tripped. He was killed by some other bodyguards instantly. Philips death in 336 BC lead Alexander to succeed him and become King Alexander III. By this time, he was twenty years old. It was said that he was an incredibly handsome man and he always was clean shaven. Although he was a .

Neo-Expressionism Essays - Art Movements, Contemporary Art

Neo-Expressionism The term neo-expressionism describes the art movement that dominated the art market in the early and mid 1980's. The word "neo" refers to a revival of previous ideas or trends. Expressionism was a style from around the time of World War 1 that was highly personal, and was often executed with violent fervor. Neo-expressionism is similar, and also generally uses bright colors, recognizable objects (such as the human body) with distorted representation, great expression of emotion, and often commentary on social issues. It usually is not realistic. The common subject matter often deals with the negative aspects of life: vulgarities, violence, cynicism, and brutality. It is full of symbolism, and is considered figurative and gestural. A varied assemblage of young artists portrayed the human body in reaction and in contrast to the remote, introverted, and highly intellectualized abstract art production in the 1970's. The original goal of these artists was to depict emotional and psychological concerns of themselves and their times. This is often achieved by using heavy black outlines to express anger and hostility in addition to strong contrasts of the bold colors. Other artists explored color and abstraction to express spiritual and/or mystical ideas. Other common traits presented in paintings of this style included: a rejection of traditional standards of composition and design, the use of vivid but jarringly banal color harmonies, and a simultaneously tense and playful presentation of objects in a primitivist manner that communicates a sense of inner disturbance, tension, alienation, and ambiguity. This movement was also linked to and in part generated by new and aggressive methods of salesmanship, media promotion, and marketing on the part of dealers and galleries. It was controversial both in the quality of its art products and in the highly commercialized aspects of its presentation to the art-buying public. There are several artists that dominated and accurately represented neo-expressionism. Some of these artists are Sandro Chia, Georg Baselitz, Immendorff, Francoise Arthus, David Salle, and Terry Marks. The 5 elements of art are easy to recognize in this style of art. Line is used to create the shape that represents the objects of recognizable nature in the painting. The use of Color is quite obvious. Because most colors are bold and contrasting, a lot of times there aren't a lot of variations in value. The colors used often add to the non-realistic elements of the painting. Texture isn't a big issue in neo-expressionist paintings, though. Personally, I really like this style. It's easy for me to relate to it, and to create my own paintings representative of it. I like the colors used, and the freedom to express emotion and feeling. There really are no limits to what you can do with this style. Bibliography The 20th Century Art Book. London: Phaidon Press Limited, 1996. brommer, Gerald F. Discovering Art History. 3rd Ed. Worchester, MA: Davis Publications, Inc., 1997. Neo-expressionism. [Online] Available http://www.optonline.com/comptons/ceo/26699_Q.html, April 4, 2000. Encyclopaedia Britannica | article page. [Online] Available http://www.britannica.com/bcom/eb/article/idxref/7/0,5716,583318,00.html, April 4, 2ooo. ArtsNet Minnesota: inner Worlds Vocabulary. [Online] Available http://www.artsnetmn.org/inner/iwvocab.html, April 4, 2000 Avignon et Provence ? Francoise Arthus. [Online] Available http://www.avignon-et-provence.com/avi/gb/expo/artiste/arthus/loacoon.htm, April 4, 2000. Terry Marks. [Online] Available http://www.artincontext.org/LISTINGS/IMAGES/FULL/3/P5BV6O3T.htm, April 4, 2000.

Corporate responsibility SAS essay

Corporate responsibility SAS essay Corporate responsibility SAS essay Corporate responsibility SAS essayCorporate strategy is shaped, first of all, by corporate mission, vision, values and goals. The presence of clearly defined values and goals reinforces the strategy and shapes the corporate environment. Furthermore, job values and goals have a strong impact on job motivation, satisfaction and in general on job attitude of employees; the above-mentioned factors, in their turn, have a strong impact on turnover, performance and business efficiency. The purpose of this paper is to identify key goals and values of SAS, to research the attitude of employees to working in SAS and to analyze the effect of goals and values of SAS on job satisfaction and motivation using the Job Characteristics model.Company backgroundSAS Institute Inc. is a software company founded in 1976 (SAS, 2014a). The company is headquartered in Cary, North Carolina. Initially, the acronym SAS stood for statistical analysis system the software which initiated the creation of the corpor ation (SAS, 2014a). Currently SAS software is one of the leading packages used by large companies to collect, store, report and analyze business data and to make business decisions. It is notable that 91% of top 100 companies listed in Fortune 500 use SAS to analyze business information and to enhance their decision-making (SAS, 2014a). Overall, SAS software is used in more than 70,000 sites in 136 countries (SAS, 2014a).SAS values and goalsSAS defines its mission in the following way: SAS delivers proven solutions that drive innovation and improve performance (SAS, 2014a). The key values listed by SAS on its website are: approachable, customer-driven, swift and agile, innovative and trustworthy. SAS currently has 13,677 employees which are located worldwide: in the United States, in Canada, Latin America, Asia Pacific, Europe, Africa and Middle East. The values of SAS are also demonstrated by the corporate responsibility section of its website: the company emphasizes the importance of ethical management and governance, invests into education philanthropy and environmental programs. Furthermore, SAS has a world-renowned culture based on trust, flexibility and values (SAS, 2014b). In terms of employee culture, SAS provides numerous workplace options and features for employees, provides workplace awards, displays artworks in the offices, invests into employees and their education (SAS, 2014b).Working at SASSAS was rated by Fortune as the second best company to work for after Google. The company has been on the list of best employees for 17 years, and in 2013 SAS also was also rated as second best employer. Voluntary turnover at SAS is only 2%, while job growth is 3.6% per year. The company offers onsite childcare, provides access to onsite fitness centers and sponsors gym memberships of employees (Fortune, 2014). Although SAS does not pay for 100% of healthcare costs, the company has a decent range of healthcare options offered in its onsite health center. There are numerous options for having a good work-life balance such as job sharing and compressed work weeks (Fortune, 2014). Employees receive training and are highly motivated. 95% of SAS employees look forward to the new working day and 97% of them are proud to be working at SAS (Great Rated, 2014).Job Characteristics ModelHigh motivation and positive attitude to work among SAS employees can be explained using Job Characteristics Model. Job Characteristics Model consists of five key elements of job design which have a direct impact on motivation and performance: skill variety, task identity, task significance, autonomy and feedback (Hellriegel Slocum, 2007). The first three factors contribute to elevated work meaningfulness, autonomy provides for increased work responsibility, the presence of feedback creates the knowledge about job results and performance. Hence, Job Characteristics Model relies on Herzbergs model of motivation and outlines the factors which determine the presence o f high motivation, satisfaction, performance and low turnover (Hellriegel Slocum, 2007).In the case of SAS, job variety, task identity and task significance are high because of two core values innovative and swift and agile. IT industry as such consists of complex and varied tasks, and SAS is not an exception. Cutting-edge research and development require various skills, and Agile approach used in IT industry allows to achieve high task identity. Task significance in SAS is essentially high because of the companys market leadership and wide use of SAS in top worlds corporations. The employees are aware that their product will be delivered to a variety of people and will have a direct impact on strategic business decisions, so the degree of task significance is high.The levels of task autonomy at SAS might be varied, but employees at SAS receive regular feedback and are awarded for their achievements. SAS characterizes its workplaces as such that offer unprecedented challenges, opp ortunities and support for employees (SAS, 2014b). Therefore, according to the Job Characteristics Model, SAS effectively reinforces at least four out of five factors that have a positive influence on job satisfaction, motivation and performance.ConclusionSAS goals, such as driving innovation and improving performance worldwide, as well as corporate values such as agility, swiftness, innovation, approachability and attention to customer needs have a positive impact on at least four out of five Job Satisfaction Model factors skill variety, task identity, task significance and feedback. This is a model which should be adopted by the majority of businesses due to its flexibility and time-proven efficiency. The analysis of SAS using Job Satisfaction Model shows that employees in this company should be highly motivated and should have low turnover; these conclusions are proven by low turnover rates in SAS (voluntary turnover is about 2%) (Fortune, 2014) and high level of satisfaction (4 out of 5) (Great Rated, 2014). Therefore, SAS model or its elements could be recommended for adoption by other businesses.

/Fostering Motivation, Civility, and Integrity Assignment

/Fostering Motivation, Civility, and Integrity - Assignment Example ehind this principle is to establish a classroom culture wherein students would be more aware and afraid of violating the school law regarding cheating and plagiarism. Doing so, the students would be more careful in terms of obliging with the school policy. Although maintaining a good relationship with the students is necessary in terms of encouraging the students to build trust with their professors, school teachers should be clear that it is their responsibility to draw a line between being lenient and strict. Through the proper use of school teachers’ authority in class, it would be easier for teachers to win the students’ cooperation not to violate the rule behind cheating and plagiarism. Upon involving the students to participate in classroom discussion regarding the school policy behind cheating and plagiarism, it is also possible to encourage other students to report any person they know who is cheating or plagiarizing their school paper by giving them rewards (Forsyth, Increasing Academic Integrity, 2002). 2. On page 211, Forsythe presents 3 case studies (originally defined by Carbone, 1998) of ways to manage civility / incivility in the classroom. From a psychological standpoint, why do you think each of these will be effective or not? (Feel free to use whatever theoretical approaches you are comfortable with/subscribe to?). Personally, for you, which of these methods, or blending of methods seems the most useful? From a psychological standpoint, creating a classroom norm is effective since the students are made aware of what to expect each time they decide to violate the classroom and school policy. Since the practice of incorporating rewards and punishment in a classroom norm makes the students aware that violating one of the school and classroom rules is equivalent to a specific punishment, the students would think twice before they decide to misbehave in class or cheat in their academic papers. For this reason, most teachers find this technique

Mentoring and Enabling Learning in the Practice Setting Essay

Mentoring and Enabling Learning in the Practice Setting - Essay Example Every profession including health care can be wide and vast and in order for one to understand and gain experience, they need more than what is learnt in the class. In practicing health care, there is need to have a mentor who will guide the prospecting practitioner with vast experience. NMC defines a mentor as an individual who is registered and has completed the NMC approved mentor preparation programme and has acquired the skills, knowledge and competence needed to meet the defined outcomes. As a mentor, an individual has a key role to play in ensuring that they guide new and potential practitioners as they go through transition. Their roles include; Mentorship in nursing is very crucial considering the profession deals with lives. This calls for high standards and strictness in carrying out the duties. For that reason, there is need to have proper training, and guidance for new practitioners. This is what has necessitated the need for a mentor. Mentorship programme ensure that new practitioners and students gain the much needed orientation and training in a real life situation other than theory as it is done in schools. According to Bosher and Pharris (2009) mentorship in nursing plays a key role in growing careers as well as develops the social aspect of the individual. The Nursing and Midwifery Council the NMC official regulator of nurses and the main purpose of the council are to protect the public. This is done by keeping a register of all practicing nurses and by developing and setting standards that will guide their education, training, performance, conduct and ethics. The council came up with standards that will help and support learning and assessment in practice in the health care. The standards have been set in form of development frameworks and are put in 4 stages. These include, Registrants, Mentors, practice teachers and teachers. In addition to these four,

Nigerian Breweries Marketing Analysis

Nigerian Breweries Marketing Analysis EXECUTIVE SUMMARY This report is set to discuss about the marketing report of Nigerian Breweries Plc. It covers their history, the PEST analysis, their strategies and tactics. A good marketing report is needed in an organisation to know the status of the organisation and to know where they are failing and succeeding so that they can correct or maintain the situation. This paper would fully explain the marketing report of Nigerian Breweries with a little recommendation. INTRODUCTION Kotler (2002) defined Marketing as the social process by which individuals and groups obtain what they need and want through creating and exchanging products and value with others. Marketing is essentially about marshalling the resources of an organization so that they met the changing needs of the customer on whom the organization depends. (Palmer, 2003) Marketing is the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services to create exchanges that customer and organizational objectives. (Drucker, 2005) The concept of marketing as a business philosophy defines marketing as a process that is intended to find, satisfy and retain customers while business makes a profit. But central to all these definitions is the role of the customer and his relationship to the product. A market research is imperative for a company to know what type of products or services would be profitable to introduce in the market. Also with respect to its existing products in the market, good market research enables a company to know if it has been able to satisfy customer needs and whether any changes need to be made in the packaging, delivery or the product itself. (Anonymous, 2009) HISTORICAL BACKGROUND Nigerian Breweries Plc (NBPLC) is the countrys pioneer brewery. Incorporated in 1946, it commenced production in 1949. It started as a joint venture between the United African Company (WAC) International, UK and Heineken of Holland. Thus, at inception, it was 100 per cent foreign owned. By the early 1950s, when it began operating fully, some indigenous traders already involved with its products were invited to become shareholders. Under the indigenization policy of the early 1970s the foreign shareholders were forced to sell a significant proportion of their holdings. Today, the company is 60 per cent Nigerian owned and 40 per cent foreign owned. The 60 per cent Nigerian stake is held by company employees and members of the public, while the 40 per cent foreign ownership is split almost equally between CWA Holdings Limited (for Unilever) and Heineken Brouwerijen BV. Its first bottle of beer, STAR Lager, rolled off the bottling lines of its Lagos Brewery in June 1949. Other breweries were subsequently commissioned by the company, including Aba Brewery in 1957, Kaduna Brewery in 1963, and Ibadan Brewery in 1982. In September 1993, the company acquired its fifth brewery in Enugu state, and in October 2003, its sixth brewery, sited at Ama in Enugu. Ama Brewery is the largest brewery in Nigeria and one of the most modern worldwide. Operations at Enugu brewery were discontinued in 2004, leaving the company with five operational breweries. The company has a portfolio of high-quality brands, including Star Lager Beer (launched in 1949); Gulder Lager Beer (1970); Maltina (1976), which now has three varieties, namely Maltina Classic, Maltina Strawberry, and Maltina with Pineapple; Maltina Sip-it (2005), which was packaged in Tetrapaks; Legend Extra Stout (1992); and Amstel Malta (1994). The company also re-launched Heineken Lager into the Nigerian market in June 1998. Nigerian Breweries is the most capitalized quoted company on the Nigerian Stock Exchange (NSE), it is also the first company in any sector to declare N12 billion in PBT and the first company in Nigerian history to declare dividend of N8 billion (Vanguard, 2003). Nigerian Breweries operates many related companies, including beverage-related manufacturing companies making corks, labels, bottles, packing crates; and a logistics network, including transport companies, warehousing companies and retail sales management THE MARKET ENVIRONMENT Market Environment is the various external forces that can directly or indirectly affect the many activities of an organization. This is an integral part of environmental scanning. These activities include acquisition of human resources, raw materials, financial resources, and development of goods and services. The marketing environment includes forces such as: political, legal, regulatory, economic, social, technological, and competitive. Nigerian Breweries Plc functions in two different market enviroment namely the Macro and Micro which affects it externally and internally. (Kotler, 2004), the PEST analyses and the Porters Five Forces model of Nigerian Breweries would be discussed in this report. PEST analysis stands for â€Å"Political, Economic, Social, and Technological analysis† and describes a framework of macro-environmental factors used. (P)OLITICAL ANALYSIS   Ã‚  Ã‚  Ã‚  Ã‚  Political analysis involves elections, employment law, consumer protection, environmental regulations, industry-specific regulations, competitive regulations, inter-country relationships/attitudes, war, terrorism, political trends in the country where the company is based. The political situation in Nigeria has experienced a stable balance since the commencement of the democratic governance and this has impacted on Nigerian breweries plc in different ways. Politically, Nigerian breweries was affected positively when the ban on importation of barley was lifted as well as placing a 20% tariff on both products by the federal government on January 6 1998, this increased its options of raw materials for production as the company had been forced to make use of local corn and sorghum for brewing in the past. Sales in Nigerian Breweries have been on the rise as opposed to the style in European and other developing markets partly because despite the individual state governments efforts by creating laws to regulate the sales and distribution of alcoholic products it has not put in-place proper control mechanism to checkmate and control the phenomenon of alcoholic consumption, this is due to the laxity in enforcement of laws in Nigeria and the high level of corruption in government (Daily Trust, 11 September 2008). (E)CONOMICAL ANALYSIS Economical Analysis involves the exchange rates and stability of the host country, skill level of work force, labour cost, and Economic level of growth, unemployment rate, inflation rate and interest rate. Nigeria is a growing economy therefore it is less affected by the recent global economic financial crisis and this has a positive impact on the sales of Nigerian breweries products as people have disposable income and can spend more on drinking of beer products, this therefore is a positive development for the company (Malandrakis, 2009). Also, the unemployment rate in Nigeria is really high and it makes a lot of people idle and they spend most of their time at bars which helps increase the sales of beers. The Exchange rate in Nigeria is low comparing to the US dollar and it can affect the business when the raw materials are being imported as it cost a lot of money. Another economical issue which is affecting Nigerian Breweries negatively is based under the labour cost which is the lack of constant electricity supply in Nigeria; this has forced the company to make use of alternative means of power supply such as generators were the company spends a huge budget on diesel which has a constant increasing price. (S)OCIAL ANALYSIS Social Analysis involves the Demographics, Class Structure, Gender, and Age, Attitude (health and environmental consciousness) The production of recreational centres in major cities which have all been changed to drinking joints locally known as â€Å"Joints† (Daily Trust, 11 September 2008) has changed drinking of beer into a social activity. It has observed that people prefer drinking out with friends as drinking of beer has become similar with celebrations such as weddings, parties, clubs and other social gatherings, among youths drinking is done in order to belong. This social drinking habit is clearly evident as it supports on trade sales which dominates the Nigerian market with a market share of 80% sales (Malandrakis, 2009). In northern Nigeria, states like Zamfara, Kano, Kaduna and Sokoto ban beer drinking because of their Sharia Law. A law is passed around that people who drink any form of alcohol or commit adultery, theft would be severely punished (The Guardian, 2002) and this affects the sales of beer in that region. Nigerian breweries is also involved in social responsibility by sponsoring events such as star quest which is aimed at discovering new musical acts (Nigerian Tribune, 8th June 2009) amongst other social events and creative writing workshop, a program created to groom the young writer (Vanguard, 15 July 2009). (T)ECHNOLOGICAL ANALYSIS This involves inventions, new discoveries, research, energy uses/sources/fuels, communications, and rates of obsolescence, health manufacturing advances, information technology, internet, and transportation. Technology has not been a major aspect in Nigerian Breweries Plc but they have invested in the equipments used for beer production to make it have its original taste. They also invest in generators for electricity because of the electricity issues in Nigeria. The Social factors have the strongest effect on the market power of Nigerian Breweries Plc as drinking is a lifestyle which has evolved over the years. The Porters five forces apply new entrants, Buyer power, Supplier power, Substitute and Rivalry for analysis. POTENTIAL ENTRANTS Potential Entrants are other organisations interested in entering the industry. Potential entrants trying to come into the brewery industry in Nigeria find it very difficult because of a lot of mostly the Government policies, the cost of exit and entrance and this puts Nigerian breweries at a comfortable position as market leaders and leaves the company with nothing to worry about as regards new companies that may spring up. Other reasons why new companies find it difficult to come into the industry is because the switching cost is really high so any new company cannot just switch or leave the industry, brand loyalty is really high because the public is used to the products of Nigeria Breweries. SUBSTITUTES From Porters Model, substitute products refer to products in other industries. To the economist, a threat of substitutes occurs when a products demand is affected by the price change of a substitute product. Finding a substitute for beer in Nigeria is practically impossible because drinking beer in Nigeria has become part of social activity and also with the affordable price for the average and low earners (a bottle of star larger beer costs N140 which is less than a pound and is cheaper compared to wines, brandys and other bottled alcoholic drink) it has the price has a competitive advantage over the type drink like wine and brandy. The only major competitor within the industry that Nigerian breweries has in beer products is Guinness Nigeria Plc and both companies have between them 77% market share (WW8) therefore it would only take a special brand to substitute either of these brands. BUYER POWER Buyer power can be explained as the impact that customers have on a producing industry. This occurs when there are many suppliers and one buyer. In Nigeria Breweries, the buyer power is very little as they are the major supplier in the industry and the customers have little option but to get products from Nigeria Breweries. Buyer power can also explained by switching cost which is expensive due to the high prices of substitutes like wines and brandy. Also, Nigerian Breweries have grown so well that consumers have very strong brand loyalty on their products such as Gulder, Star. SUPPLIER POWER This can simply be explained as when there are many buyers and just one or little supplier. Nigerian breweries has a very high supplier power because the use of local corn and sorghum for manufacturing of beer has a high market value because of the limited availability of barley and other substitutes for brewing of beer, the farmers and suppliers of this raw materials have the power to raise their prices as they wish, leaving Nigerian Breweries at their mercy. RIVALRY The Nigerian beer industry has only 2 major companies in the industry which are Nigerian breweries and Guinness Nigeria Plc and this gives Nigerian Breweries less competition but high rivalry because there is low switching cost since the cost of a beer from Guinness Nigeria is almost the same price. Rivalry could also low because there are only two companies in the industry so it has enough market for both of them and it can gear its strategies against only one major competitor (Oyeyinka, 2002). THE COMPETITION OF NIGERIAN BREWERIES The major competitor for Nigeria Breweries is Guinness limited Nigeria, it manufactures beer in the brand mane of â€Å"Harp† in Nigeria. Harp Lager Brewery is located in Ikeja, Nigeria. This Nigerian brewery belonging to Tony Joyce started production in 1981. The annual production of beer is about 1,500,000 hl. The other beer production units of Guinness Nigeria Limited are located in Agbara, Benin, Aba in Imo. The other little breweries include Benue breweries, Olympic breweries, Sona Breweries and Consolidated Breweries. In general, competition for Nigerian Breweries is minimal as its only major competitor is Guinness Nigeria limited. Nigerian Breweries has the edge over these competitors majorly because of its brand loyalty and because of the fact that it has being producing beer for over 60 years. It also has a lot of branches all over Nigeria so as to reach the customers demands. MARKETING STRATEGY A marketing strategy is a process or model to allow a company or organisation to focus limited resources on the best opportunities to increase sales and thereby achieve a sustainable competitive advantage. (Ulrich et al, 2002) Nigerian Breweries Plc uses Marketing strategy to maintain competitive advantage. It uses the market segmentation, targeting and positioning as a means of carving out its own share of the market and catering for their needs. SEGMENTATION Market Segmentation can be defined as dividing a market into distinct groups with distinct needs, characteristics, or behaviour that might require separate products or marketing mix. (Anonymous, 2002) Segmentation refers to individuals and organisations with similar characteristics having significant implications for the determination of market strategy (Jobber, 2007), Segmentation can be broken down into Geographical segmentation, Demographic segmentation, Psychographic segmentation, Lifestyle, social class, and personality-based segmentation Behavioural segmentation. Nigerian breweries Plc segmentation is in relation to its consumers which serves all classes and ages of legal drinkers. In Nigeria, drinking beer is seen as a social event of festivity and because of its affordable price, it can be seen amongst the high, middle and lower class earners. The advertisement way of life which the company has built up over the years to appeal to all age groups and societal status types has also helped boost their market sales. Nigerian Breweries have advertised their major beer product (Star) as a drink that delivers superior enjoyment and brightens all social occasions this is so because the drink is seen as a key to happiness and celebration by its consumers. In general, Nigerian Breweries focuses on all the segment of market and has produced different types of products which covers all the segment of market in Nigeria TARGETING Market Targeting can be defined as the selection of a particular market segment toward which all marketing effort is directed. Market targeting enables the characteristics of the chosen segment to be taken into account when formulating a product or service and its advertising. (Keegan, 2001) Nigerian breweries have targeted their beers towards different market segments using a differentiated targeting strategy and they have two major beer products that target different classes and age groups. The â€Å"Star† beer product targets the youth, this is evident from most of its advertisements and sponsorship programs which is usually directed toward the younger generation while the â€Å"Gulder† beer product targets the older and higher financial class of people, this is also evident in its own type of advertising methods and sponsorships. POSITIONING It could also be defined as the place the product occupies in consumers minds relative to competing products. (Anonymous, 2002) Market positioning depends much on how competitors position themselves, a producer can be said to be successful if he can achieve the mental position which he/she is trying to make in the mind of the consumer. Nigerian breweries Plc have two major beer brands, Star and Gulder which respectively for the younger celebrating generation and for the more sophisticated and older generation of drinkers., This brandings falls in line with the customers perceptions of the two products as more of the younger generation identify with the Star brand which is not as bitter in taste as the Gulder brand which is more expensive in price than the Star brand. THE MARKETING MIX The term marketing mix refers to the primary elements that must be attended to in order to properly market a product or service. Also known as the 4 Ps of marketing which are Price, Promotion, Product and Place. PRICE The price you set for your product or service plays a large role in its marketability. Pricing for products or services that are more commonly available in the market is more elastic, meaning that unit sales will go up or down more responsively in response to price changes. (Jones, 2007) Price can be stated as the actual or rated value of a valuable product which is up for exchange; some define it as amount of money paid for product (Kotler et al, 2005) The price of the products (Star beer) produced by Nigerian Breweries is affordable for all the consumers in the market because it is produced from local corn and sorghum which is cheap so they make their profit and satisfy the customers which are mostly the youth and since most of their sales are mostly made from youth, the price would always remain affordable so as not to lose customers and reduce sales. PRODUCT Kotler et al, 2005 defined Product as anything that can be offered to a market for attention, acquisition, use or consumption that might satisfy a want or need Nigerian Breweries has two main beer products and they can be described as the core products of the organisation i.e. they serve their actual purpose for which it is bought by the customer which is for the quenching of thirst. However Gulder brand can be described as a luxury product meant for the sophisticated individual, these products are classified as consumer product because they are bought by the consumer to actually consume and not for other purposes. Nigerian Breweries has more than enough products for every type of consumers. They produce bottled water for thirst, Star beer for the youth, Maltina for the consumers that do not take alcohol. PLACE This term really refers to any way that the customer can obtain a product or receive a service. (Jones, 2007) Nigerian Breweries Plc has a wide distribution channel and makes use of external companies for distribution of its products nationwide; Nigerian Breweries use other transportation companies to assist distribute their goods nationwide. This system of distribution helps make the product more available to the consumers but this however limits the direct contact between producer and consumers which reduces feed-back time for the producers. PROMOTION Promotion is concerned with any vehicle you employ for getting people to know more about your product or service. Advertising, public relations, point-of-sale displays, and word-of-mouth promotion are all traditional ways for promoting a product. Promotion can be seen as a way of closing the information gap between would-be sellers and would-be buyers. (Jones, 2007) Nigerian Breweries Plc carry out sales promotion in two ways namely Consumer sales promotion targeted at the ultimate consumer market and trade sales promotion targeted at the members of the marketing channel, such as wholesalers and retailers, benefits of sales promotions include increased profit making. Examples of Nigerian Breweries sales promotion are â€Å"Star Xmas Carnival† which was targeted at the companys retailers and consumers were prizes like bags of rice, DVD Players and other items were won by consumers each day for 21 days (Ekeh, 2009), Gulder ultimate search were the winner took home 3 million naira cash prize (Ajayi, 2004). EVALUATION OF STRATEGY AND TACTICS Nigerian Breweries has been one of the major companies in the brewery industry for more than 60 years so it is fair to say that their strategy and tactics over the years have been close to spot on. In response to competition, Nigerian Breweries has been involved in several re-branding, product development and diversification efforts in the last 5 years. In 2006, the company launched its Guilder Max brand which was a darker, richer version of the successful Guilder Lager. In an attempt to enter the soft drink market, NB launched the Farouz brand of soft drinks (pineapple and pear flavour). Recently, they repackaged the Maltina brand by introducing a larger sized bottle while maintaining the price of the former bottle. The Star brand which is the flagship product of the company was also rebranded and has achieved huge success since then. RECOMMENDATION FOR FUTURE DEVELOPMENT Nigerian Breweries is already a major force in Nigeria but it is still not internationally recognised like other International companies in the industry so the major recommendation for Nigerian Breweries would to expand their products internationally or at least expand it within Africa. They could also build new refineries in different places in Africa to help expand their organisation. Since the distribution of their goods is done by other companies, they could venture into that business so they could proper feedback from their customers and be able to satisfy them more effectively. They could also venture into production of new brands of products so as to broaden their market. Investing in technology can also help with the growth of their organisation. Building vending machines can also help with the effective distribution of their product. CONCLUSION Nigerian Breweries is and would remain one of the major brewery companies in Nigeria and this marketing report that shows their strategies and tactics have tried to explain the reasons why they are such a major force in the brewery industry in Nigeria. It is obvious that there is room for improvement by them expanding their market and business into new countries but the important thing is that they are succeeding in their primary goal which is being able to satisfy their customers in their home land. REFRENCES Amos Etta, 16 october 2004, Gulder; After the search, what next? Vamguard News paper. Bennett Linda A., Ph.D, Carlos Campillo, M.D, C.R. Chandrashekar, M.D and Oye Gureje, M.B.B.S., Ph.D., FRANCZP, 1998, Alcoholic Beverage Consumption in India,Mexico, and Nigeria, A Cross-Cultural Comparison. Ekeh Desmond, 3 January 2009; 2008 Brand review: Consumer promotion as key driver, The Guardian Newspaper Kotler Philip et Al, 2002, Principles of marketing. Fourth European edition 4th European edition. Essential Guide to Marketing Planning / Marian Burk Wood. Jobber David, 2007, Principles and Practice of Marketing, 5th edition; Maidenhead McGraw-hill Education. Jones, Scholes 2007, Exploring corporate strategy: text cases. 8th edition. Malandrakis Spiros, 2009, Nigeria Spearheads Optimistic Outlook for Beer Sales in sub-Saharan Africa, Euro Monitor Moschis P George, 1993, Life Stage Segmentation for Marketing Strategy Development Nigerian Tribune, 8th June 2009 Obike Uche, 2005, Nigeria Breweries Continues to Expand Market Share; This Day Newspapers Oldroyd Mike, 2004, CIM Revision Cards, Marketing Environment; Butterworth Heinemann. Oyeyinka O, Banji, 2002, Manufacturing Response in a national system in Nigeria, The United Nations University. Ulrich R, Mc Donald, Shellhamer, Lopetcharat, 2002, Promoting Brand Benefits; The role of consumer Psychographic and lifestyle. Journal of consumer marketing. Vanguard, 5 June 2003, Nigeria Breweries Consolidates Corporate Leadership; Africa New Wang Weiyue, 2009, Managing Customers and Markets; Salford Business School. http://www.nbplc.com/homepage.php (ww1) http://www.heinekeninternational.com/nigerian02.aspx (ww2) http://web.ebscohost.com/ (ww3) http://allafrica.com/stories/200809110416.html (ww4) http://www.ias.org.uk/resources/publications/theglobe/globe200202/gl200202_p6.html (ww5) http://www.fas.usda.gov/grain/circular/1998/98-02/dtricks.htm (ww6) http://research.afrinvestwa.com:8080/GetDownload.aspx?dwlID=74 (ww7) http://www.euromonitor.com/Alcoholic_Drinks_in_Nigeria (ww8)

Nostra Aetate Essay

1. What contemporary reasons would cause mankind to draw â€Å"closer together† and to strengthen â€Å"the ties between different peoples†? (2) Culture, common beliefs, sports, births, deaths, celebration, tragedy, reunions, weddings, music and war are all contemporary reasons that would cause mankind to draw closer together. Regardless of age or gender, one can still love a sport. When Steve Jobs passed away, the world mourned. Though tragic, death can bring many people together and teach them not to take everything for granted. Also, recently, the marriage of Prince William and Kate Middleton brought together many people all across the world – everyone was watching. Of course, war. Though war isn’t really recent, when soldiers died for Canada, people were brought together at the time, they were safer, closer in numbers. Also, protests bring people together to fight for a common belief. In this sense, all the reasons that bring people together and streng then the ties together are because EVERONE has been affected. When something happens and EVERYONE is affected, it causes people to come closer together. 2. According to the Church, what three things draw people to fellowship? (3) i) â€Å"One is the community of all peoples, one their origin for God made the whole humans race to live over the face of the earth.† Basically, we are all human, and our origin is God, and we all share and live on the Earth together. ii) â€Å"One also is their final goal, God. His providence, His manifestations of goodness, His saving design to extend to all men.† – This means that the final goal of mankind is to reach God through Salvation, and that He will be our Saviour. ii) â€Å"Until that time when the elect will be united in the Holy City, the City ablaze with the glory of God where the nations will walk in His Light.† – That this glorious city of God, heaven will come to the people who are good. These are the three reasons that draw people to fellowship. 3. List the questions that are examined by all religions. What is the basis of the universal need to recognize a Supreme Being? (3) Some common questions that are examined by all religions are: What is man?