Mang-Inasal

Mang Inasal Philippines is the Philippine's fastest growing barbeque fast food chain, serving chicken, pork barbeque and other Filipino favorites, was first established on December12,2003 in Iloilo City. It operates quick service. It specializes in chicken inasal an various pinoy products. The company’s menu include pinoy palamigs, pinoy and keso burger, beef singangs, and bangus sinigangs. And they also serve pork barbeque and other Filipino favorites.Mang Inasal, innovation is important because competition in the fast food industry is very tight. Product innovation is a must as it adds value to the company since products are being offered to the market for attention, acquisition orconsumption that may satisfy a need or want. In this case product innovation is done toget the attention of customers and most especially the non-customers of the company sothat they will have a chance to steal some market share of their competitors.As the saying goes, â€Å"the test of the puddin g is in the eating. † It is imperative for Mang Inasal, being in the fast food industry, to offer its customers with good food. They must thenmake sure that the taste, which the customers have grown accustomed, should bemaintained and standardized, to keep the customers hooked and coming back for more. Freshness and quality of ingredients should also be maintained as part of maintaininghigh standards with their products.Pricing also is an important to consider given that thetarget market of Mang Inasal is considered to be price sensitive. Any sudden and drasticchange in price might push the customers to find other food providers. And in theindustry that Mang Inasal is in, there many others than can provide Mang Inasal customers with other alternatives. It must then be ensured that products of Mang Inasal are priced in a way that highlights value at the same time, still affordable to its customers. The improvements and innovation in the product and services must be continuous.

The Decree Abolishing the Feudal System, August 11, 1789

The Decree Abolishing the Feudal System, August 11, 1789 The abolition of the feudal system, which took place during the famous night session of August 4-5, 1789, was caused by the reading of a report on the misery and disorder which prevailed in the provinces. The National Assembly, in a fervor of enthusiasm and excitement, straightaway abolished many of the ancient abuses. The document here given is the revised decree, completed a week later. ARTICLE I. The National Assembly hereby completely abolishes the feudal system.It decrees that, among the existing rights and dues, both feudal and censuel, all those originating in or representing real or personal serfdom shall be abolished without indemnification. All other dues are declared redeemable, the terms and mode of redemption to be fixed by the National Assembly. Those of the said dues which are not extinguished by this decree shall continue to be collected until indemnification shall take place. II. The exclusive right to maintain pigeon houses and dovecotes is abolished.The pigeons shall be confined during the seasons fixed by the community. During such periods they shall be looked upon as game, and every one shall have the right to kill them upon his own land. III. The exclusive right to hunt and to maintain uninclosed warrens is likewise abolished, and every landowner shall have the right to kill, or to have destroyed on his own land, all kinds of game, observing, however, such police regulations as may be established with a view to the safety of the public.All hunting capitaineries, including the royal forests, and all hunting rights under whatever denomination, are likewise abolished. Provision shall be made, however, in a manner compatible with the regard due to property and liberty, for maintaining the personal pleasures of the king. The president of the Assembly shall be commissioned to ask of the king the recall of those sent to the galleys or exiled, simply for violations of the unting regulations, as well as for the release of those at present imprisoned for offenses of this kind, and the dismissal of such cases as are now pending. IV. All manorial courts are hereby suppressed without indemnification. But the magistrates of these courts shall continue to perform their functions until such time as the National Assembly shall provide for the establishment of a new judicial system. V.Tithes of every description, as well as the dues which have been substituted for them, under whatever denomination they are known or collected (even when compounded for), possessed by secular or regular congregations, by holders of benefices, members of corporations (including the Order of Malta and other religious and military orders), as well as those devoted to the maintenance of churches, those impropriated to lay persons, and those substituted for the portion congrue, are abolished, on condition, however, that some other method be devised to provide for the expenses of divine worship, the supp ort of the officiating clergy, for the assistance of the poor, for repairs and rebuilding of churches and parsonages, and for the maintenance of all institutions, seminaries, schools, academies, asylums, and organizations to which the present funds are devoted.Until such provision shall be made and the former possessors shall enter upon the enjoyment of an income on the new system, the National Assembly decrees that the said tithes shall continue to be collected according to law and in the customary manner. Other tithes, of whatever nature they may be, shall be redeemable in such manner as the Assembly shall determine. Until this matter is adjusted, the National Assembly decrees that these, too, shall continue to be collected. VI. All perpetual ground rents, payable either in money or in kind, of whatever nature they may be, whatever their origin and to whomsoever they may be due, . . . shall be redeemable at a rate fixed by the Assembly. No due shall in the future be created which is not redeemable. VII. The sale of judicial and municipal offices shall be abolished forthwith. Justice shall be dispensed gratis.Nevertheless the magistrates at present holding such offices shall continue to exercise their functions and to receive their emoluments until the Assembly shall have made provision for indemnifying them. VIII. The fees of the country priests are abolished, and shall be discontinued so soon as provision shall be made for increasing the minimum salary [portion congrue] of the parish priests and the payment to the curates. A regulation shall be drawn up to determine the status of the priests in the towns. IX. Pecuniary privileges, personal or real, in the payment of taxes are abolished forever. Taxes shall be collected from all the citizens, and from all property, in the same manner and in the same form. Plans shall be considered by which the taxes shall be paid proportionally by all, even for the last six months of the current year. X.Inasmuch as a nationa l constitution and public liberty are of more advantage to the provinces than the privileges which some of these enjoy, and inasmuch as the surrender of such privileges is essential to the intimate union of all parts of the realm, it is decreed that all the peculiar privileges, pecuniary or otherwise, of the provinces, principalities, districts, cantons, cities, and communes, are once for all abolished and are absorbed into the law common to all Frenchmen. XI. All citizens, without distinction of birth, are eligible to any office or dignity, whether ecclesiastical, civil, or military; and no profession shall imply any derogation. XII. Hereafter no remittances shall be made for annates or for any other purpose to the court of Rome, the vice legation at Avignon, or to the nunciature at Lucerne.The clergy of the diocese shall apply to their bishops in regard to the filling of benefices and dispensations, the which shall be granted gratis without regard to reservations, expectancies, an d papal months, all the churches of France enjoying the same freedom. XIII. [This article abolishes various ecclesiastical dues. ] XIV. Pluralities shall not be permitted hereafter in cases where the revenue from the benefice or benefices held shall exceed the sum of three thousand livres. Nor shall any individual be allowed to enjoy several pensions from benefices, or a pension and a benefice, if the revenue which he already enjoys from such sources exceeds the same sum of three thousand livres. XV.The National Assembly shall consider, in conjunction with the king, the report which is to be submitted to it relating to pensions, favors, and salaries, with a view to suppressing all such as are not deserved, and reducing those which shall prove excessive; and the amount shall be fixed which the king may in the future disburse for this purpose. XVI. The National Assembly decrees that a medal shall be struck in memory of the recent grave and important deliberations for the welfare of Fr ance, and that a Te Deum shall be chanted in gratitude in all the parishes and the churches of France. XVII. The National Assembly solemnly proclaims the king, Louis XVI, the Restorer of French Liberty. XVIII.The National Assembly shall present itself in a body before the king, in order to submit to him the decrees which have just been passed, to tender to him the tokens of its most respectful gratitude, and to pray him to permit the Te Deum to be chanted in his chapel, and to be present himself at this service. XIX. The National Assembly shall consider, immediately after the constitution, the drawing up of the laws necessary for the development of the principles which it has laid down in the present decree. The latter shall be transmitted by the deputies without delay to all the provinces, together with the decree of the 10th of this month, in order that it may be printed, published, read from the parish pulpits, and posted up wherever it shall be deemed necessary.

Can you use CAD, CAE, CAM, CIM, and FMS to manufacture better parts more easily? Essay

CAD, CAE, CAM, CIM, and FMS can be used to manufacture better parts easily in a small-sized production unit. The Use of Computer Integrated machining, CIM, means a completely automated production system, integrated using CAD/CAM software. The Flexible Manufacturing Systems, FMS, can also be integrated with the CIM systems. This means the production of newer products can be very fast. In addition smaller test production runs could be made for custom-made products efficiently. Also the system being almost entirely in software, means the manufacturer can react faster to a change in the environment. These technologies represent a new production approach which will allow the factories to deliver a high variety of products at a low cost and with short production cycle (Masood & Khan 2004) If your final product requires several unique subunits that are all produced with different machinery and in differing lengths of time, what facility layout will you choose and why? In the case where the final product requires several unique subunits that are all produced with different machinery and in differing lengths of time, the facility layout that would best work would be the Manufacturing cell. Here manufacturing facility is divided into production cells, where each cell produces a part family. While the method is not usually used because of the actual small percentage of time spent in actual machining leading to more states of machine being idle, it is perfect for this situation, primarily because of the varied length time. This leads to reduction in set-up times, material handling, tooling and in-process inventory (Henry). The other methods primarily rely on grouping similar processes and applying time-sharing to the machinery, which is not possible in this case due to the different machinery needed for manufacturing. These methods would not reduce any appreciable amount of time in his case. Look up on the Internet `franchising`. Based on your readings, from an operational perspective, why is purchasing a franchise such as Wendy`s or Jiffy Lube an attractive alternative for starting a business? Franchising win hands down when compared with small business. Most of the experts maintain that franchise operations have lower risk of failure, as companies like Wendy’s or Jiffy Lube have proven track records of success. In addition franchisee is give exhaustive training and has continuous support from the parent company. Also the cost input for setting up the business is comparatively lower than starting a business form scratch. Finally there is a huge scope of expansion by developing multiple franchises (FCA 2007) What things could you learn about a company’s culture by observing the layout and design of its production facility? Discuss both goods and services operations. Layout and design of production facility is a very critical task of the production management. Observing a company’s layout and production facility design can tell a lot of things about the company. First of all, it tell about the amount of capital the company has. The quality or the machinery, the newness of the machinery etc. tell about the financial capabilities of the company. In addition the design of the layout tells about the planning and organizational capacity. It reflects things like the factory efficiency, material flow, transparency, quality and costs (MAS 2005) References Masood T, Khan I, â€Å"Productivity Improvement through Computer Integrated Manufacturing in Post WTO Scenario†, 2004, â€Å"http://www. szabist. edu. pk/NCET2004/Docs/ZSession%20II%20Paper%20No%202%20(P%20171-177). pdf â€Å"Advantages of the Franchising System†, FCA, 2007, http://www. franchise. org. au/content/? id=185 â€Å"Manufacturing Management: Factory Layout and Flow†, MAS, 17th October 2005, http://www. mas. dti. gov. uk/pluto-resources/1130407489261. pdf Henry C, â€Å"Facility Design and Layout†, http://www. csupomona. edu/~hco/POM/05FaciltyDesignLayout. ppt#15

Industrial Revolution Essay Example | Topics and Well Written Essays - 1000 words - 1

Industrial Revolution - Essay Example as the Industrial period that changed the face of society from an agrarian one to a society greatly dominated by industry and the manufacture of machines. As Burke puts it, "together with the Industrial Revolution came the modern expectation of progress and a better standard of living made possible by mens skills and the machines they invented...", and goes on to credit the Industrial Revolution with promoting both capitalism and giving birth to socialism among other things and that it changed society, making "modern urban society dependent on mass-production techniques without which we cannot now survive" (1998/1995, page 193). In his book â€Å"The Day the Universe Changed† James Burke gives us a philosophical view of the universe by telling us that our idea of the universe is how each one perceives it, so therefore if we change our perception of how we look at the universe, we have changed the universe itself. Burke goes on to tell us of all the advances in Science and technology and how they affected the lives of the people. Before the 1700s, metals such as copper, tin and brass were used but machines could not be made from them because they were very malleable or brittle. The only durable material was wood, but wooden gears got worn out very soon. Hence, an alternative such as iron came into vogue but to separate the iron from the rock a rudimentary process of smelting had to be used. After a lot of trial and error, the water wheel was devised in order to crank the bellows to produce power. That is why the ancient iron works were constructed near the rivers. Hence very soon things such as ploughs, screws, nails, gates, and swords were made from iron. Very soon there was a great demand for iron and mining turned out to be a huge business. Since the mines were below the water-line, they became flooded during the rains. Due to this there arose the necessity for something to pump the water out. This led to the invention of a steam engine. The very first Steam

Crimes Against Property Assignment Example | Topics and Well Written Essays - 1000 words

Crimes Against Property - Assignment Example Women carried purses of various sizes, wore outfits with long voluminous skirts, and were decked out in shawls, gloves and muffs. The social class of these offenders in the period immediately following the Civil War was mostly lower. Perpetrators were usually part of the lower class who engaged in much petty criminal behavior, of which shoplifting was just one facet. Although there is no economic theory of shoplifting, the decision to commit this crime is one that is taken rationally, weighing up the implications and advantages of this choice now and in the future. In order to alleviate the prevalence of shoplifting, goods are often not on open display. In order for a customer to see that good which has caught their eye, the customer has to ask the attendant who will retrieve it from behind a counter or barrier of some kind. Also, most businesses have designed their retail stores to funnel all customers to and through the main exits. These changes have dramatically altered the preval ence, practice, and perception of shoplifting (Bamfield, 2012). Furthermore, in order to reduce the prevalence of shoplifting, private security officers possess authority which is a mixture of their powers as civilians and certain special requirements which were added by a special law or ordinance. Majority of the private security officers possess only citizen powers, hence they often function as agents of their employers. These security officers are trained to protect self and property from harm (Button, 2007). As a result, a private security officer working for that business or owner has the same authority, no more-no less. The private security officers have special skills that would enable them to detect the presence of a shoplifter within the premises. In other cases, these security officers have been granted special police powers by a local, state or federal government authority. However, even though the security officer has been granted this type of power, it is limited to the grounds and buildings of the employer. Nearly all the private security officers who work for retail stores have arrest powers for shoplifting incidents. These powers exist because the security officer is working for a shopkeeper. As part of their training, the private security officers have the right to detain a person when there are levelheaded grounds to believe that the person has shoplifted (Arrington, 2006). Home invasion robbery differs from similar crimes, such as burglary or breaking and entering, in how the crime is defined. According to the Illinois Criminal Code, home invasion is an unlawful entering of a dwelling by a person who knows someone was present therein, and armed with a dangerous weapon either uses or threatens use of force or injures someone inside the home. In some states, this difference means that a defendant can be convicted of both home invasion and another crime, such as armed violence during residential burglary based on one unlawful entry. On the othe r hand, other states hold that conviction of home invasion bars conviction of related crimes such as residential burglary based on one unlawful entry. Home invasion is often classified as a separate offense because of the brutal intent to commit various crimes such as robbery, rape, assault or murder against people in the home. Nonetheless, home invasion is not a legally defined crime federally and is only such

AAD252 Essay Example | Topics and Well Written Essays - 250 words

AAD252 - Essay Example I believe women should no longer be taught to give up athletic activity all for less energetic activities like midwifery and being housewives. History reflects on the weak image of women who could not participate in sports because of the â€Å"permanent injury† stage in their reproductive cycle. This image stuck in society for more than a hundred years, particularly amongst the opposite gender (Balsamo 42). Past literature sheds light on the procedure in which one series of beliefs is expressed with another broad system. In this case, the series of beliefs entailed female bodily inferiority especially when it came to sports and the broad system entailed women’s insignificant athletic contributions. The sexualization of the female body replaced these series of beliefs gradually (Balsamo 44). I believe this radically, but slow process cured because of the media’s less dramatic portrayal of skillfully trained female athletes. This treatment spurred the â€Å"criminal, deviant, and/or socially unacceptable† point of view on such athletes. The media branded the sexualization process as ordinary culture behavior, which only allowed women to embrace technology as a means of improving their

Analysis film Essay Example | Topics and Well Written Essays - 500 words

Analysis film - Essay Example It is the male that is expected to go to school to provide for the family which is very common among patriarchal families. The female gaze in the film Real Women Have Curves may not have a sexual connotation of looking down at women as mere sex objects but it still bore traditional thinking and relegation of women to be subjects of their family, husband and community. It is imposed on women albeit in the film it was not imposed by a male figure but Ana’s mother played a surrogate male figure of subjecting Ana to gender roles of being domesticated and not to aspire too much. This kind of female gaze that is associated with gender oppression is Laura Mulvey in her work "Visual Pleasure and Narrative Cinema† where the concept of gaze and its dynamics is said to be a manifestation of imbalance of power between the male and the female where the male dominates the female. There may be no dominant male figure in the film but gender oppression was imposed on Ana by making her work in a sweatshop instead of pursuing her dream of going to college. In the film, Ana’s mother played a substitute â€Å"male gaze† because she imposes on Ana the traditional male oriented patriarchal values of not getting an education. This is evident in Mulvey’s theory which Freudian in origin where she â€Å"breaks scopophilia down into an active part, which is always  male, and a passive part, which is always female. Women are the objects that are looked† (Finzsch). In Mulvey’s male gaze, the male’s patriarchal role is extended to the film where the male imposes a hegemonic gaze to Ana as a subject of family to do their wishes even against her will or own ambition. This produces an imbalance relationship as women are reduced to an object of two distinct modes of male gaze where they became Madonna’s in male perspective (voyeuristic) or whores (fetishistic) or in this case, a

China's Monetary Policy, From Fixed to Managed Exchange Rate Essay

China's Monetary Policy, From Fixed to Managed Exchange Rate - Essay Example As of the last quarter of 2010, the economy of China was reported to overheat when its gross domestic product (GDP) increased by 10.3% as compared to the previous year (Simpkins 2011). In response to the on-going global financial crisis, the Chinese government decided to implement a â€Å"moderately loose monetary policy† from the usual â€Å"prudent monetary policy† as a strategic move in stabilizing the overall economic condition in China (Pierson 2010; Yang 2010). Based on the standard economic practice, a tight monetary policy is normally implemented by the central bank in order to control the economic consequences associated with high inflation rate. To allow the readers have a better understanding about this particular research topic, the standard model of a fixed exchange rate economy will first be tackled followed by discussing the previous case of China. Upon examining China’s preferred monetary policy today, this report will focus on determining whether or not the Chinese economy behave in accordance with, or differently from what one would predict from a standard Model of a fixed exchange rate economy experiencing overall balance of payments surpluses. Standard Model of a Fixed Exchange Rate Economy Under the Bretton Woods System, monetary policy was focused on fixing the exchange rates in order to protect the balance of payments stability (Hagele 2006, p. 8). Right after the World War II, making exchange rates stable by pegging the currencies against the US dollar was considered as one of the best ways to promote growth on international trading and in making the employment rate high (Hagele 2006, p. 9). Even though the pegged exchange rates are adjustable when necessary, historical events revealed that implementing a fixed exchange rate system could create disequilibrium in the balance of payment and international trading system (Bordo and Eichengreen 1993, p. 5). Given that importation and exportation of products are considered inelastic, a lot of economists in the past disregarded the significance of exchange rates in the use of monetary policy. This is because most of them believe that developing countries will remain the principal exporters of goods. Given that the presence of industrialization reduces the need for importation of goods from other countries, devaluation of currencies were considered less advantageous for economic development. It was only during the 1997 Asian crisis wherein a lot of economists considered the significance of exchange rate in managing the internal economy in each country. In an economy wherein the exchange rate is fixed, the government tends to rely heavily over the use of its fiscal policy in order to control the economic situation in each country. To boost the economic growth in each country, the government can make use of its reserves or to borrow money from local or international sources to create more demand for products and services. However, Tornell and Velasco (20 00) explained that excessive use of fiscal authority could result to more economic consequences since misuse or excessive use of fiscal policies could result to the exhaustion of the government reserves. Since demand for goods and services is growing in China, the Chinese government is

Ethical and legal issues concerning at-will employment Research Paper

Ethical and legal issues concerning at-will employment - Research Paper Example Employers should be careful at every stage of the hiring process to avoid illegal discrimination of any applicant on grounds of color, gender, age, national origin, disability and religion. Applicants are aware that indication of bias in the hiring process may lead to severe legal repercussions. In contractual employment, the law considers the relationship between an employer and employee as being on equal ground in terms of bargaining power. The employment at will reflects the belief that people are free to enter into employment contracts of specified length of time, without obligations attached to either employee or employer. In this arrangement employees are able to resign from a position they no longer care about and employers are permitted to discharge employees at their pleasure. The law in general presumes one is employed at will unless they have proof indicating otherwise. Written documents detailing one’s employment or oral statements from their employer are means of proof. For this reason, employers go to pains to point out, in applications, handbooks, job evaluations, handbooks, or other documents related to employment, that their employees work at will. It is important to be aware of the status of one’s employment, whether it is at will or otherwise. Ethically, the employer could expressly indicate the terms in a written document that the applicant has the choice to sign. If no at-will agreement is signed, one can check the employee manual or any other written workplace policy document. If these documents state ; that one could be fired at any time, could be fired without cause or for any reason, even if the word at will is not expressly used then you are under an at-will policy. Professional ethics encourage the employer to have some written policies that call for good reason to fire. Such policies could provide an exclusive list of reasons for which employees can be fired or offer some job protections. Employees are entitled to rely on these kinds of policies if their employer has adopted them. Legally if the contract promises job security, then one is not an at will employee. This could be in form of a contract that clearly states that the employee is on a three-year contract and they could be fired in that time only for committing a crime. If in this event they are fired for any other reason not specified in their contract they may have legal claim for breach of contract. Employers often take this employment means as a measure of protecting their interests. With uncertain economic systems and means of sustenance companies feel the need to cushion themselves or have some weather room in the event of downsizing. In other instances, the employee may need an employee for particular tasks which may be for specific durations. In case the task is completed before the expiry of the contract the employee may feel the need to let go of the extra hands. It is unethical in the public for an employee to hire with the sole intention of covering their back. The result is that the new hires, will not be motivated or feel challenged in the work and may underperform. In a clear situation where the employee and employer both know the terms of the agreement, the law has little to do in case either party bailed out. Ethics encourage serving a notification

Cultural Norm Assignment cultural anthropology using book by carol r Essay

Cultural Norm Assignment cultural anthropology using book by carol r. ember Melvin Ember - Essay Example The definition of culture that relies on social groups means that it is a relative concept that varies from one cultural group to another (28). One of the major characteristics of culture is its dynamism that can be considered from two perspectives, cross sectional dynamism and dynamism. Cultural dynamism refers to transition in cultural constructs within a cultural group over a period, or across cultural groups. Dynamism within a group may for example be realized across generations while dynamism across groups identifies fundamental differences in values and practices among cultures. The dynamic feature of culture is important to anthropologists’ interest of understanding and explaining how the changes occur and driving factors behind the changes (Ember and Ember, 6). Other important characteristics of culture include mode of learning that is social, the fact that it is shared among members of a community and its associated symbols. Anthropologists therefore need to understand what culture is and how it works so that they can identify and develop meanings from the different characteristics of culture. This is particularly important with indigenous cultures whose fundamentals can be traced over time, and compared with other cultures (Anthro 1). The observed cultural norms in a nursing set up were scientific belief on causes of illness and honest expressions in communications. These two are considered norms because they are common practices that have been historically observed and considered cultural. They facilitate service delivery in the health care set up that requires cooperation between care personnel and patients. Cultural belief on causes of diseases is for example instrumental on a patient’s willingness to seek treatment and the scientific norm of causes of diseases facilitates scientific approaches towards provision of health

Rookie of the Year Essay Example for Free

Rookie of the Year Essay We face racism, prejudice and stereotypes every day in our lives. We may not initially recognize these three acts, but subconsciously we know they exist. At some point in our lives, we have all experienced racial slurs, segregation and grouping of people one way or another. These ignorant feelings are portrayed well in the movie Crash, written and directed by Paul Haggis. The film depicts racial and social tensions in Los Angeles and involves several characters of different races. The plot evolves quite rapidly and shows just how their seemingly different lives intertwine. The movie’s title is not based on a simple car crash; it actually originated from cultures and races â€Å"crashing† or colliding with each other. Crash is the perfect analogy of how the human race deals with the intricacies of life. These intricacies are felt by interacting with the people around us and those experiences shape our views and actions. Experiences can certainly change our racial views. A prime example of this is viewing all Middle Eastern people as terrorists after the 9/11 attacks. This example significantly shows the lack of tolerance of racial differences that are formed based on generalizations and stereotypes. This difference is displayed throughout the movie Crash. Officer Tommy Hanson, a white rookie cop played by actor Ryan Phillipe, is originally the partner of veteran Officer John Ryan, played by Matt Dillon. As a policeman serving and protecting all of the people of Los Angeles, Officer Ryan is a white â€Å"racist prick† and this bothers Officer Hanson. In their first scene together, the two policemen were off on their evening patrol when they came upon a black Lincoln Navigator. The interesting part was that a Navigator had been reported stolen earlier. Despite discrepancies in both the descriptions of the carjackers and the license plate numbers, Officer Ryan shone his bright lights on the car. As a result, they observe an African American women jump up suspiciously. Ignoring Officer Hanson’s plead to refrain from pulling them over, Officer Ryan proceeds anyway. The driver, TV producer Cameron Thayer, was cooperative but his wife, Christine, had a few drinks earlier and became argumentative with Officer Ryan. Christine exclaims that she and her husband were merely pulled over by the color of their skin. Thus, Christine continues to fight with Officer Ryan. This frustrates Ryan so as the situation escalates, he purposefully makes Christine uncomfortable in a routine pat down. Ryan touches her inappropriately and put his hands inside her dress. Cameron, completely embarrassed, does nothing to defend his wife. After this incident, Officer Hanson becomes disgusted with Officer Ryan. Officer Hanson becomes so appalled that he visits his Lieutenant, Dixon, and requests a new partner. Dixon fearful of losing his job over a rookie cop informs Hanson the only way to get away from Officer Ryan is to use a medical excuse that will allow him to drive his own patrol car. After Officer Hanson and Lieutenant Dixon come to an agreement, Hanson runs into his old partner Officer Ryan in the parking lot. Officer Ryan emotionally tells him, â€Å"Wait till you’ve been doing it a little longer. You think you know who you are. You have no idea! † This foreshadowing farewell hints that the rookie’s untarnished views may soon change with more experience and time in the police force. After Officer Hanson is on his own patrol, he receives a police scanner â€Å"call† about a black Navigator. Officer Hanson arrives at the scene and quickly realizes it is Cameron again. Unlike the first time, Cameron becomes uncooperative with the police and begins threatening them. As a result, police threaten to shoot the TV producer but Officer Hanson steps up to radically defend Cameron. Officer Hanson asks for a minute to talk with Cameron saying he is an old friend. It seems Officer Hanson felt bad from the first time he stopped Cameron, and he tries to make it up to the producer. Officer Hanson tries to calm Cameron down and guides him back to his car. In this encounter, Cameron acted like a completely different person than Hanson had met the first time. Officer Hanson could not understand why Cameron was acting this way towards the officers. The only idea Hanson could think of was that Cameron was acting out to the policemen because Officer Ryan had acted inappropriately with his wife Christine. Officer Hanson saved Cameron’s life since the other officers were threatening to shoot him but Cameron was let go with another warning thanks to Officer Hanson. In the final scene, Officer Hanson finds a man hitchhiking on the side of the road. The man’s name is Peter and Hanson stops and offers him a ride. The two begin having a normal conversation until Peter sees Hanson’s St. Christopher figurine on the dashboard. Peter instantly starts giggling and starts reaching into his pocket; Hanson does not understand this reaction and demands Peter to explain. Peter, however, continues to giggle and puts his hand in his pocket. Consequently, Officer Hanson feels threatened by the movement and shoots Peter. This fear may in fact emanate from a stereotypical view. Officer Hanson may not feel he is racist, but he has developed stereotypes during the course of his career. These stereotypes and conflicting views are obviously what Officer Ryan was referring to in their final meeting. It turns out that Peter was only reaching in his pocket for his own St. Christopher figurine and wanted to show Hanson that they had the same one. Unfortunately, Officer Hanson panics and dumps Peter on the side of the road, then sets his own car on fire and escapes from the scene. Although Officer Hanson may not have been as racist as his ex-partner Officer Ryan, he developed a certain prejudice or stereotypical attitude towards African Americans and obviously random hitchhikers. Racism is not tolerated in our society; in fact it is severely looked down upon, yet people are unable to change their feelings and judgments of people. Even though we are all â€Å"God’s children,† we are distinguished by certain characteristics like the color of our skin. Every race and culture can be viewed differently in society and this certainly applies in Los Angeles. The movie Crash depicted many of these racial views and relayed a resounding message about the negatives of society. Racism and segregation should be eliminated from the real world because all people are created equally. Crash was an influential wake up call to viewers that all people are in fact not treated equally, especially here in America. As shown by Officer Hanson’s negative character progression, even good people can change for the worse depending on their environment and situations. Hopefully in the future this progression is instead positive, and the attitudes toward people of different race, culture, or gender are both improved and accepted with a more open mind.

The Other Side of Multicultural Society Essay Example for Free

The Other Side of Multicultural Society Essay In recent years the society we live in, have become more increasingly influenced by foreign cultures. In the past, most people were secluded in their own little worlds which consisted only of their town or village and few miles around, but now that we are entering a new millennium, we can see that this is no longer so. Nowadays we get influences from countries further away than our ancestors could dream of travelling in a lifetime, just by walking down the street. This transformation into a multicultural society has both positive and negative impacts on our lives. In our modern society it is good to get influences from outside the borders and other cultures. People from various cultures contribute in multiple different ways to development because they bring with them different sets of skills. But sometimes the culture of the native population is being overrun by immigrants. For example in Britain, there are now more than four million non-white Britons – more than the population of the Republic of Ireland. Almost half of all ethnic minority Britons live in London where the great and unique blend of cultural values creates culture tension to the â€Å"global city†. Some immigrants choose not to integrate into the major society by not working and learning the language and stick to their own ethnic groups. This sort of thing not only creates barriers, it also creates a wrong perception of the immigrants. Our society has been influenced by foreign cultures. Although multicultural can be a good thing, it will in some communities do not do anything but create conflicts. Community can get a lot from a multicultural society and not just new food flavors, but sometimes multicultural society does not work or work poorly. This can come from for example when a minority groups isolates themselves from the majority community, by settling in certain places where people from this specific country have already settled. This leads to a community split and creates barriers. Another bad thing with multicultural society is when minority groups will not integrate and learn about the majorities’ culture. It is a good thing to not to lose a part of yourself and your culture, but when people take residence in another country without learning about its culture, it is not good at all. Not all people are like that, some are more open than others. But unfortunately it does happen that someone does not want to integrate, and that is when multicultural society does not work.

Leadership programs in First National Bank

Leadership programs in First National Bank The researcher intends to present the case of Leadership programs in First National Bank in a South African context. The leadership of First National Bank is Inspirational like many other South African organizations however the attempt of transformation has made the interesting in the view of researcher. Researcher has also prompted a unique style of research method that can best describe the case with maximum practical knowledge and implementations comparisons of various leadership aspects. A methodological design is formed by the researcher basing on the issues like data sources and methods of data generation that are potentially available, and the Ontology of the methods that the researcher had prepared a design with. The idea of the researcher in using the team Ontology is to get the nature of reality and human behavior, however lack of positivism still exists in Ontology. Multiple scientific methods and techniques are taken into consideration by the researcher to better present the case problems. According to the researchers methodological design the paradigm, methodology, methods and findings is found both qualitative and quantitative. Combining methods by mixing qualitative and quantitative methods is becoming increasingly popular in leadership research as well as in other disciplines (Klenke, 2008). There are theories drawn by various authors basing on the purposes, sources and analyses. Kezar (2002) proposes Positionality theory to explore how gender, race/ethnicity, level of administrator, and the role of a leader within the organization affect the way the leader constructs images of leadership. Positionality theory Author Purpose Data sources Analysis Kezar (2002) To examine how positionality (e.g. race, gender, etc) relate to the construction of leadership Interviews, document analysis, reports, observations, analysis of physical environment Interpretive Basing on the positionality theory, it is understood that the researcher have followed the structure of the methodological design with an interrelation of qualitative and quantitative research. There are 5 main steps followed by the researcher in the research process: Defining research questions and research methodology Research methods basing on the case selection Design research tools Collecting and coding primary data Analyzing primary and secondary data and interpret findings The literature review of the researcher has all major fact findings about the research topic and established strong background knowledge about different theoretical concepts. The researcher was successful in achieving triangulation of research methods by using all major data collection methods like observation, interviews, document analysis. It is ensure by the researcher that the triangulation of data sources was followed in all three different steps: Management issues, looking FNB in a bigger context FNBs internal issues. An overview of Leadership in Organizations South African Leadership and its Styles: Leadership is widely discussed and studied but continues to remain an elusive and hazy topic. Knowing leadership is always when it is experienced (Rosenbach, 2006). Bratton defines leadership as influencing, motivating and enabling others to contribute toward the effectiveness and success of the organizations of which they are members (Bratton, 2007). The importance of concept of leadership has started increasing it value in modern times in organizations especially when the organizations are concerned in developing strong work culture, and building high performance sustainable work practices. There have been many arguments about the interrelationship between management and leadership functions; management is associated with words like planning, organizing, coordinating implementing where as leadership revolve around vision, charisma, change agent and motivation. Traditionally there are 2 types of leaderships; Transactional Leadership and Transformational Leadership. (Taylor, 2006) Transactional Leadership: It is the equitable transaction or exchange between leader and followers where by the leader influences the followers by focusing on the self interests of both. Transactional leadership is considered as good managerial leadership skill that is used basing on the situations that can result in good performance. Transformational Leadership: The transformational leader motivates followers to perform beyond expectations by creating awareness about the importance of vision and mission. Transformational leaders enable followers to transform purpose into action. Individual organizations prefer to choose they style of leadership basing on the organizations culture and environment. According to Matthew Valle; WLQ Report [Accessed on 12th December 2010] Leadership process in stable environment: Leadership Processes Train workers to anticipate problems Outcomes Performance Satisfaction Absenteeism Turnover Anticipatory culture Work Processes Anticipatory culture Routine Problems Stable environment Leadership process in turbulent environment Leadership Processes Train workers to adapt to problems Routine Problems (crisis) turbulent environment Outcomes Performance Satisfaction less Absenteeism fewer turnovers Anticipatory culture Work Processes Adaptive culture (Mathew Valle, 2002) Therefore of the public organizations are operating in turbulent environments, the need of study in a stabilizing environment demands leadership processes to hold the control accordingly. Since 1994 South Africa has experienced dramatic changes both on a political as well as economic front, brought about by globalisation as well as a new political dispensation in SA. Discrimination during the apartheid era excluded Africans, Asians and Coloureds from the economy, resulting in little organisational leadership skills development amongst excluded races. After Democracy in 1994, labour legislation was implemented to redress the inequalities in society; these measures include, amongst others, Affirmative Action. Further complicating the current organisational environment is: South Africa is a blend of the 1st and 3rd world economy. The shortage of skilled African workers/managers, with lucrative offerings especially African males, lead to job-hopping. Corruption, nepotism and culturalism. (To appoint from own culture, chief of a tribe inherited by birth not based on leadership skills), political appointments, perceptions and stereotyping along racial and gender lines have high impact on the organizational leadership attitude.. All these factors influence the type of leadership that is appointed and how diversity is managed in the modern South African organisations. Other social issues such as changes in education, health systems, HIV/AIDS, housing, poverty, increased crime rate and many others, affecting the organization and employee that function within this social framework. According to Tinus Burgers, (Burgers, 2003) South Africa is just beginning to wake up from the post 1994 euphoria where whites were desperately trying to expand their blackness through toyi-toying and singing Shosoloza while black people erroneously believed that white stuff will simply disappear. There are still very deep felt differences and distrust between races making leadership in diverse organisations very challenging. After democratic elections in 1994 sanctions against South Africa were lifted. South Africa emerged as a global player that has to adapt to global trends in order to be competitive. The accelerated rate of technological development necessitates quick adjustment and the need to move away from traditional management practices. The effect of technology (electronic networks, cellular telephones, etc.), transcends national, geographical, time and organisational boundaries, increase in availability of information, influences employees and organisational behaviour as employees have to face massive and accelerated changes (Weeks, 2003). These rapid changes in the global environment and the South African situation challenged the recreation of society at all levels. According to Nkomo this recreation ranges from individuals changing identities and roles to the transformation of major social institutions and financial institutions. In sum, the leadership challenge for South African organisations is: Retiring old thinking systems in parallel with creating new ones against the reality of high speed globalization and informationalism (Nkomo, 2004). The African model of leadership differs from that of the West. Self-reliance and self-interest are subservient to ethnicity and group loyalty. Interpersonal relations are placed above individual achievements. Wealth is first of all extended family wealth and then ethnic or tribal wealth, often to the expense of the organisation (Blunt, 1996). Ethnic cleavages can affect the performance of the organisation. Leadership is paternalistic of nature. Leaders bestow favours and expect and receive obedience and deference, with consensus playing a major role in decision-making resulting in decision making within levels to be taking a long time. There is also a great capacity for tolerance and forgiveness (Blunt, 1996). It was found that the leadership style in Africa is authoritarian, personalised, politicised and a high power distance, with power concentrated at the top. In this context, the leaders job becomes one of operationalising directions received from above, making them clear to subo rdinates and providing advice and support. African leaders are therefore overwhelmingly concerned about the quality of hierarchical relationship with their superiors, rather than with individual or organisational effectiveness. This degree of dependence on seniors by the more junior individuals is seen as normal (Blunt, 1996). There is a masculine dominance across all ethnic groups. Managerial ideologies tend to reflect unitarist ideas seeing the organisation as a cohesive team (happy family) with the emphasis on loyalty and conflict avoidance, emphasizing UBUNTU (humaneness), group decision making and interdependence. Managerial styles reflect both Western values based on individualism and meritocracy and an authoritarian legacy of apartheid and colonialism. From a followers perspective Africans prefer a leader that is kind, considerate and understanding to one who is too dynamic, productive and demanding. Leaders are seen to possess genuine authority but are expected by their subordinates to use it sparingly and in a humane and considerate way (Blunt, 1996). From the above views it is understood that, to build a new South Africa, African concepts had to be reviewed that get to an end to apartheid. The case First National Bank. [Accessed 12th December 2010] The idea of the researcher in choosing a Financial Services Industry in South Africa like FNB is definitely a unique challenge. Firstrand is the 2nd largest banking institution that is born from the merger of Rand Merchant Bank (RMB), Momentum, First National Bank (FNB) and southern life in 1998. Firstrand is divided into 3 main business areas: banking (First National Bank and Rand Merchant Bak), insurance (Momentum), and health. According to exhibit 1 produces in the case Firstrand additionally divides its earnings into four clusters: Retail, corporate, wealth and health. South Africa has its unique challenges in terms of handling leadership in an African way. The leadership style in South Africa is inspirational and the relation between both the leadership have may common elements. African leadership is focused more on community, where as in inspirational leadership the focus is on individuals. Relationship Diagram Inspiration African Spirit Spirit Interconnectedness Described by African principles like Spirituality UBUNTU INDABA ISITHUNZI INSPIRATIONAL LEADERSHIP AFRICAN LEADERSHIP First National bank: Inspirational Leadership in South African context [case handout] Inspirational Leadership: Spirit and Spirituality were referred as the important aspects of inspirational leadership by the researcher basing on the South African context. High performance and innovative organizations require Inspirational leadership, stronger management skills, a highly-trained and motivated workforce, a flexible labor market that promotes diversity and fair treatment, and workplaces that recognize environmental issues and the need for greater resource productivity. Inspirational Leadership in South Africa involves the terms spirit and spirituality in handling leaderships in organizations. The leaders often tend to inspire their followers basing on the cultural values that are strongly routed in South Africa. This is one of the problems of First National Bank. FNB being into global operations, there will be many employees that will be not based from the South African culture and survival and acceptance of the work environment and implementing leadership in those prospective will become extre mely difficult. Ad defined earlier Transforming the leadership style become important, although the relationship between Inspirational and African spirit is closely associated. Anderson (1999) illustrates a graphical representation that best describes the leadership relationship: Effective learning organizations Build healthy communities High-performance teams build Successful learning organizations Effective team leaders build High performance teams Personal and interpersonal development Builds effective team members and leaders Self leadership leads to Individual and team success (Anderson, 1999) African Spirit: There are certain deep routed principles of leadership indulged in to African spirit like; UBUNTU, INDABA, VUKA. UBUNTU is the people based leadership style. This is the traditional social African philosophy of humanism which says caring for the people fist. INDABA-openness and inter-ethnic harmony in stating individual opinions is referred as INDABA. VUKA-A wake up and free yourself concept. The relationship between Inspirational Leadership and African spirit lies in African Renaissance: humanism that is referred as a system of thought that regards humans of being capable of using their intelligence to live their lives rather than relying on religious beliefs and collectivism is the ownership of land, business or industry by the people or state. A balance between individualism and collectivism has developed an integrated approach to leadership Issue: Due to cultural differences internally and externally within the organization, First National bank have decided to address these things immediately, which could be a cause of losing business in the near future. As soon as the decision is made, First Rand appointed two new leaders in FNB to address the cultural and leadership issues in the changing environment. A complex restructuring process was bought into shape that focuses mainly on the revenue growth with less cost. The result of the process is expected to be the improvement in customer service through transforming their leadership styles with in employees. The VUKA Program (Wake up): The idea of the program is to transform the company from an isolation mode of to common vision and mission within the organization. Transformational process in a company is about taking a company from an old state of being to new state of being. The senior management of the company has decided to involve them as the first step to make a difference to the program; the idea is to get every single staff member directly involved into the program as the main principle. The goal of the program is to create a work place community of new South Africans from different backgrounds. The first session of VUKA program were designed for 2 days involving topics like Barrier breaking, emptying, visioning, re-visioning, leadership and accountability and understanding the change. Merits on the program: Limitations on the program: The focus on the first days workshop session is on topics like Barrier breaking, emptying, visioning, re-visioning, leadership and accountability and understanding the change. The result of the goal of the program d Klenke, K. (2008) Mixed methods in leadership research, Qualitative research in the study of leadership. Emerald Group Publication Ltd. Bingley. pp 155-157. Kezar (2002) cited in Klenke, K. (2008) Mixed methods in leadership research, Qualitative research in the study of leadership. Emerald Group Publication Ltd. Bingley. p 163. Rosenbach, E. (2006) The heart of Leadership. Contemporary issues in leadership. 6th ed. Westview press. Cambridge, P. 1. Bratton, J (2007) Leadership, Work and Organizational behavior. Palgrave Macmillan, New York. p 131. Valle, M (2002) Cited in Rosenbach, E. (2006) Leadership and culture in public organizations. Contemporary issues in leadership. 6th ed. Westview press. Cambridge, P. 66-67. Burger, T. (2003). South Africa: musing of an ordinary citizen Part II. Management Today, June 2003. P. 16 Weeks, R. (2003). ICT and business strategy: two sides of the same coin. Management Today, June 2003. Nkomo, S. M. (2004). Leadership Dynamics. Strategic management and organizational dynamics: the challenge of complexity, 4th ed. Pp226-228. Blunt, P Merrick, L.J. (1998). Cited in ed. by Lennart, W. Jerker, C. Henock, K. Institution building and leadership in Africa, p. 186. First National Bank [online image]. Available from: https://www.fnb.co.za/about-fnb/about-us/about-us-overview.html [Accesses 12th December 2010]. MLQ Report [online image]. Available from http://www.tlcc.biz/transformational_leadership_assessment.htm [Accessed 12th December 2010]. Anderson, T (1999) Transforming Leadership and the promise of Leadership organization, Transforming Leadership. Blackwell publishing, British Library. P. 11

Essay --

Final Examination (2) Discuss the three approaches to property valuation. What is the process of each? When might it be better to use one approach over the other? The three approaches to property valuation are: comparable sales approach (market data approach); income approach; and cost summation approach. Comparable sales approach is determined by using recent sales of similar properties to the one being assessed. This estimates true property value by comparing the property that is in question to others that have been recently sold and then making the adjustments as needed. The idea is that you need to find market areas that have relative or same economic status. Once this process is done then you can group the â€Å"parcels† in different categories, i.e. size, year it was built, the size of the lot, etc. The book says that the property that is not sold is compared to similar property that a market value can be observed and then infers a value. (LJJ, 155) It is common in jurisdictions to assess parcels as a percentage or fraction of the full market value. In theory it does not make a difference if the full value or fractioned value is assessed, the outcome should be the same. When using fractional assessment you need to use a higher tax rate than using market value assessment. This seems to make taxpayers more comfortable but can lead to problems if different fractions are used in the same jurisdiction. Another problem is that this approach requires a large number of sales and can be time consuming if done annually or for the first time. This approach is great for residential properties. The income approach converts the future returns from ownership of a â€Å"parcel† into their present value equivalent. This approach can be done by c... ...edit of the issuing government. This non-guaranteed bond is backed by a certain business-like government activity and not a larger government entity that has taxing powers. Some revenue bonds can have lower interest rates than obligation bonds. If for example a water district with a excellent history of borrowing may have a lower interest rate than a general obligation bond with a declining property tax and low personal income. (LJJ, 492) Unlike obligation bonds these types of bonds generally do not need or require a popular vote and are repaid by the users f the service. This means that no tax dollars are directly used which is considered a good thing. The more costly of the two bonds are revenue bonds because they generally have higher interest rates. If there was a default on the general obligation bonds then taxes would have to be raised which is less popular.

Symbolic Healing in Toni Morrisons Beloved Essay -- Toni Morrison Bel

Symbolic Healing in Beloved  Ã‚     Toni Morrison’s powerful novel Beloved is based on the aftermath of slavery and the horrific burden of slavery’s hidden sins.   Morrison chooses to depict the characters that were brutalized in the life of slavery as strong-willed and capable of overcoming such trauma.   This is made possible through the healing of many significant characters, especially Sethe.   Sethe is relieved of her painful agony of escaping Sweet Home as well as dealing with pregnancy with the help of young Amy Denver and Baby Suggs.   Paul D’s contributions to the symbolic healing take place in the attempt to help her erase the past.   Denver plays the most significant role in Sethe’s healing in that she brings the community’s support to her mother and claims her own individuality in the process.   Putting her trust in other people is the only way Sethe is able to relieve herself of her haunted past and suffering body.   Morrison demonstrates that to overcom e the scars of slavery, one must place themselves in the hands of those that love them, rather than face the painful memories alone.   It is not surprising to see that Sethe named her second born daughter after the young girl that saved both of their lives.   Amy Denver, a white servant girl fleeing toward Boston, gave encouragement and first aid relief to Sethe’s swollen feet and helped her crawl to safety.   As Sethe lay dying on the uncomfortable ground, Amy approached her.   â€Å"She [Amy] gathered rocks, covered them with more leaves and made Sethe put her feet on them†¦then she did the magic: lifted Sethe’s feet and legs and massaged them until she cried salt tears† (Morrison, 35).   Amy is free of the thriving need to abuse slaves, and this ignorance proves beneficial.   U... ...port Sethe, and in return, Sethe chooses to accept their healing attempts and walks away from Beloved.   Slavery is and will always be within Sethe.   She was born a slave and raised a slave.   Crossing a river to freedom doesn’t change the torturous bonds of slavery.   The emotional barriers slavery places on people leave different effects but one thing remains common: the feeling of no self-worth.   Not all people are as lucky as Sethe to have people in their lives that help to overcome such obstacles.   With the help of Amy, Denver, Baby Suggs, Paul D, and others along her journey, Sethe is able to overcome the impossible and move on from her past with a life of love and acceptance. Works Cited Furman, Jan. Toni Morrison's Fiction. Columbia: University of South Carolina Press, 1996. Morrison, Toni. Beloved. New York, Penguin Books USA Inc, 1998.

The Other Ending To Huckleberry Finn :: essays research papers

Howling Adventures Amongst Royal Frauds After all the confusion was settled at Aunt Sally and Uncle Silas’ farm, Tom, and Jim and I decided to go down the river to the Indian Territory and go for howling adventures amongst the Injuns. So we fixed up a raft and said good-bye. A week later Tom and I ran out of money so we couldn’t buy matches or cornmeal or any of that kinder stuff. So the next town we stopped at (by the name of Hicksville), the rain was pouring down so hard and the wind was a’ howling and whooping and the thunder made you jump right out of yur’ pants, we tied up the raft and found a good dry place to put Jim and keep ‘m hid (right under the dock where the platform reaches the land). Tom and I started to walk up towards the town and he told me about this book he read. It was about two boys who ran out of money whilst traveling down a river so they decide to sell rocks to people telling them that they’re magic. I got the feeling that Tom was trying to come up with ideas to make some money. So I says â€Å"Why don’t we jest steal some money?† And for the first time Tom agreed with me. So we stole some money from a blind man and ran as fast as we possibly could to the dock. Then we almost forgot Jim so Tom ran up to the end of the dock; went under it and told Jim it was all right to come out; we headed down the river, again. As we got further and further down the river, we realized we were in the Indian Territory. We tied up the raft on a tree that had falled down across the river. We set up a lean-to and cut some firewood, and put it in a dry place to keep it from the rain. After we set up camp, Tom and I took our rifles and decided to go hunting. We caught ourselves a rabbit and figer’d we best get back to camp before it got too late. When we got back to camp the lean-to was destroyed and Jim was gone. Well, it started to rain again and it was getting darker by the second. Tom looked over at me and said, â€Å"Injuns!† â€Å"I don’t know.† says I. â€Å"Do you have a plan, Tom?† â€Å"A plan for what?

English paper

Title Will Durant, a U. S author and historian, writes, â€Å"Education is a progressive discovery of our own ignorance. † This means that all the knowledge people once had is misleading to what the truth really is. Similarly, in Plato's â€Å"Allegory of the Cave† and Frederick Douglass's â€Å"Learning to Read and Write† a painful process of gaining knowledge through all the ignorance is described. Plato describes a prisoner going on a Journey to gain knowledge that is behind him, after he was stuck staring at a wall of shadows his whole life.He goes back to tell the other prisoners of his iscoveries and they want to kill him. Douglass is a slave who learns to read and write, going through stages to achieve each step. As he begins gaining knowledge he finds the truth about slavery which startles him. Socrates' idea that gaining knowledge is a difficult Journey to undertake because by doing so it changes the way people see the world, as proven by Douglass' exper iences. In Plato's â€Å"Allegory of the Cave†, Socrates illustrates a metaphorical story about attaining knowledge.He describes a cave with men who are chained, prisoners of the cave. They face a wall; that is all they can see because they cannot move their heads. They cannot even look behind them to see a walkway and a fire. As a person passes on the walkway, a shadow is projected onto the wall in front of the prisoners; this is all they know. Only the shadows are what is real to them because it's all they have ever known. Socrates says, â€Å"How could they see anything but the shadows if they were never allowed to move their heads? † (Plato 479).The main point is that people cannot understand anything except what is being projected right in front of them. Socrates' point is that society has a limited understanding of knowledge, and is ignorant about what is beyond the surroundings. To acquire knowledge of the truth beyond the cave, one prisoner is freed. As his eye s adjust to the light, he starts to see the real objects from the images that are projected onto the wall. He understands how the shadows were a false truth and Just an illusion and he feels bad for the other prisoners still stuck in the cave.He understands that they are not seeing the truth. Socrates states, â€Å"What he saw before was an illusion† (Plato 480). So the prisoner returns to tell the others about his knew knowledge, but they couldn't understand what they were being told. The other prisoners will not accept the knowledge the escapee has learned and my even put him to death. But the chained prisoners don't understand that the whole world outside the cave is more real than the false illusions, or the shadows being projected onto the walls. Society doesn't want to accept knew knowledge; people often resist changing what they know.Socrates' prisoner goes through stages or the process of knowledge, which is also shown in Douglass. In the allegory, when the prisoner f irst leaves the cave he stares at the sun and cannot see; it takes time to get accustomed to the brightness. Socrates describes, â€Å"And first he will see the shadows best, next the reflections of men and other objects in the water, and then the objects themselves† (Plato 480). In time the prisoner will begin to understand the â€Å"realities † (Plato 480) that ne is tacing by going through the stages.This is shown in Douglass as well. Douglass is first taught to read by Mistress Hugh, but then she refuses to teach him. So Douglass turns to kids that e makes friends with to finish teaching him to read. Douglass Sates, â€Å"The light broke in upon me by degrees† (Douglass 73); in other words, education is being achieved in stages. This is like the prisoner going through a process of gaining knowledge. Once Douglass is introduced to reading, he teaches himself to write by tricking the white boys into helping him learn.The process endured outside the cave by the prisoner- or the process endured by Douglass- will be â€Å"tedious† (Douglass 74), and take time, but steps must be taken to gain any knowledge. The process of gaining nowledge can be painful; Socrates idea of pain by being enlightened is played out in Douglass. When the prisoner is in a cave he is comfortable with the shadows on the wall and his surroundings, but if the prisoner is freed he will feel pain: â€Å"And if he is compelled to look straight at the light, will he not have a pain in his eyes which will make him turn away to take refuge in the objects of visions which he can see† (Plato 480).The new knowledge that he will gain is so different than what he is used to. This can be seen likewise in Douglass as well. When Douglass learns to read he learns the ruth of slavery which â€Å"tormented† (Douglass 71) him. He writes, â€Å"It opened my eyes to the horrible pit, but no ladder upon which to get out† (Douglass 72). This is similar to the pri soner leaving the cave. He understands slavery and his rights are taken away, they ways that they are taken from their homes and made into nothing is so cruelly wrong.This causes him great pain; the only thing he has to look forward to is the hope of being freed. Because becoming enlightened is a painful process, many will resist or challenge what they believe, as illustrated by Socrates and Douglass. After the prisoner goes on his Journey of being enlightened, he goes back to the cave to tell his friends what he has learned, but they reject him. Socrates says, â€Å"If any one tried to lose another and lead him up to the light, let them only catch he offender, and they would put him to death† (Plato 482).The other prisoners think he is being â€Å"ridiculous† (Plato 481) and want to put him to death for his story about life outside the cave. They don't understand that they are the ones trapped in ignorance and the freed prisoner is telling them the truth. This also pl ays out in Douglass. Mistress Hugh began by being a caring lady and teaching Douglass how to read, but slavery soon made a big impact on her. â€Å"l have had her rush at me with a face made all up of fury, and snatch from me a newspaper, in a manner that fully revealed her apprehension† ( Douglass 70).The violence she projected toward Douglass when snatching the paper from him shows the resistance she now has toward him being educated. Many will resist being enlightened because society doesn't like to change what they already know. While society tends to resist enlightenment, those who are enlightened cannot eturn to their former ignorance, and pities others who are stuck there; which is shown in Plato and Douglass. English paper Ago then plans to backstab Othello and ruin his love with Desman. Based on Shakespearean focus on the character and his actions that developed the plot, it is shown he believes that freewill directs our lives. He does so by using development of the antagonist and sequencing of events. Shakespeare starts off with the story with the development of direct characterization of Ago as the antagonist who seeks revenge on Othello.In Act 1, Scene 1, lines 54-56; we have Ago start off speaking and Introducing his evil plan to sabotage Othello for not promoting him, yet instead promoting some new kid. Ago states, â€Å"These fellows have some soul, and such a one do I profess myself. For, sir, It is as sure as you are Ordering, Were I the Moor, I would not be Ago. In following him, I follow myself; Heaven is my judge, not I for love and duty. † From this quote, we see that Shakespeare directly develops Ago as an antagonist character.After reading what Ago has said, we learn exactly that he's actually doing everything for his own benefits and that he could really care less about others. Ago does not try to curve or seem to attempt to hide anything from the audience, so the sense of selfishness peaks out to the audience and the message Is conveyed pretty clearly that he will do anything In his will to be In the position of higher power as well as take over those who are In the way. In Act 1, Scene 3, and line 12; we have Ago complaining and speaking towards the audience again.This time he says, â€Å"Cassia's a proper man: let me see how: To get his place and to plume up to my will. In double-knowing?How, how? Let's see?after some time, to abuse Othello ear, that he is too familiar with his wife. After some time, to abuse Toeholds ear. † Ago shares his plot to destroy Othello tit the audience. Since Othello is so gullible, Ago manipulates that fact and will make him believe that Desman is having an affair with Cassia. This is all happening due to a result of l agans choice to sabotage Othello and get him back.The direct characterization of Ago as an antagonist is showing how he plans on using one of Toeholds weak point?such as his love shared with Desman?to help revenge Othello and ruin him due to the fact that he did not promote him but instead, promoted Cassia. He also gets back at Cassia as well, by Incorporating Cassia Into his Lana to make It seem Like Desman Is cheating on Othello. Shakespeare then continues to use direct characterization as a development of Ago is thinking of another one of his mini plans to help get back at Othello.He is thinking of using the handkerchief that Othello had gave to Desman and place it in the hands of Cassia in order to convince Othello that Desman has truly been cheating. â€Å"Trifles light as air, Are to the Jealous confirmations strong, as proof of holy writ: this may do something. † Shakespeare develops Ago as an antagonist using erect characterization by having him purposely plan out thi s evil plan of killing Adhesion's and Othello love life and having Ago saying exactly to the audience what he believes shows a direct characterization.Another example that supports the idea that Shakespeare uses direct characterization to help support the idea of freewill is in ACTA, scene 3, line 12. Here, he is specifically saying what he truly feels towards the Moor (Othello), â€Å"l hate the Moor: And it is thought abroad, that twixt my sheets, He has done my office: I know not fit be true;† With Ago directly saying that e hates the Moor shows a direct characterization that he is the antagonist because with him directly announcing that he hates the Moor, we can Just tell from that statement that he is our antagonist.This supports the idea of free will, because this quote also shows that although he hates the more, he is purposely going to play nice to him in order to get back at Othello. Shakespeare then uses sequencing of events to help support the idea of freewill. In the beginning of story, Shakespeare starts off with Ago planning to purposely tell on Desman and Othello and how they have ran off.In ACTA scene 1 and line 5 Ago says, â€Å"Call up her father, Rose him: make after him, poison his delight, Proclaim him in the streets; incense her kinsmen,† With Ago purposely putting himself out there as the person whose responsible for telling on Othello and Adhesion's relationship, and agreeing to Adhesion's father that he will bring back Desman we see that with the book beginning with Ago depicted as being a 2-faced person that this is only the beginning and that his characteristics as an antagonist will strengthen as we progress through the story.Because he was one of Othello men, and by him being unload and running to tell about their relationship shows that he Just wants to sabotage Othello and isn't being faithful to Othello at all. At the end of the book, where it is the last time Ago speaks in the play, his freewill is yet still empha sized. Othello has captured him as a prisoner after he found out what Ago had did to him and demands that Ago tells him why he did what he did. Ago says, â€Å"Demand me nothing: what you know, you know: From this time forth I never will speak word. (5. 2. 1) Lagos intentions was to completely revenge and ruin Othello life and make him feel the pain and disappointment that he has gone through when he was not promoted. By having Othello still not knowing why Ago did what he did, even at the end of the story shows how the freewill of Ago was really meant to Just put Othello in great pain. Even though there were many events that supported the idea that Shakespeare believes in freewill, fate on the other hand can also play a role in directing our lives.In ACTA, science, page 15 Ago eventually ended up getting caught in his own plan ND did eventually get captured as a prisoner by Othello. We see this through the stage directions, â€Å"(enter Ladylove, Montana, Cassia carried in a chai r and officers with Ago, prisoner) By having Shakespeare use stage directions to clarify that Ago is now situations his ending result is still for him to fail in life again which was how he felt like he was when he wasn't promoted. In conclusion, Shakespeare starts off the story with Ago introducing his hatred for Othello to show how his freewill will pullout later through the story.We see how his revenge and all the situations he's gone through in order for himself to succeed in his own plan was freewill. How he decided to ruined Adhesion's and Othello love life was freewill. By looking at Shakespearean main emphasis on the development of the antagonist, Ago and sequencing of events it is shown how Shakespeare believes that freewill directs our lives. One lesson that can be taken by this story is to not put in too much trust and high expectations for someone, because once they slip up it'll hurt you lox more. English Paper Ambition In human beings is positive, but like most things else, It can be taken too far, and the results can compromise a person's happiness. When people AR e most ambitious, problems can occur because less time is spent doing the things that they I Eve, social Interactions are affected or physical Injuries can occur, thus compromising happiness In this poem by Des Walsh, a man has fallen victim to poverty because he took his ambition too far. This man is thinking back to how he got to where he Is, and he rime members a happy, glorified life.He remembers reading books and then imagines writing a book where he was not so ambitious and where his life was different. Somewhere In this mans' life, h e was over ambitious and this was the cause of his poverty. When people strive to achieve goals, they often do not know their own limits and therefore, can fall into a pothole in the road of life. Some people experience such a life of hopelessness caused by ambition that they fear to make ago Is, Hereford they need help from other's to hit the survivable that ambition has thrown t heir way.Ambition also affects the social Interactions that take place within society, If a person is striving 1 OFF The result is that he will degrade others and will push others down if it means that he can climb higher toward his goal. This only creates a path that over time, will close in on him. Each per son that is pushed away from him will eventually fall back upon him, crushing him and ending h is hope to achieve such goals. The result, happiness is compromised. Another way of thinking of this social concept is if one imagines throwing a rock up into the air, down a hill.The rock will go up, resisting gravity which represents other people. Eventually the rock will begin to fall a s the gravity pulls it down and it will land, lower than it started from. The result is a short time off leaning like he is on top of everyone else, then a long time of depression caused by loneliness. By less seeing goals and maintaining a healthy social life, happiness will be maintained while goals can still be achieved, only over more time. It would be like the rock rising very slowly from the grog undo, but instead, using gravity to assist it in its climb.I understand that this is a bit off unreal cystic comparison, but it works, right? There is one other result of ambition however, this on e I have experienced. When people are too ambitious, physical harm can be caused. People will stop at nothing to achieve goals and that includes ignoring body signals and pushing their b dies to the points of injury. Every year, many baseball pitchers need to go for â€Å"Tommy John† surge ere cause they have goals to throw the ball harder each time, pushing out past the pay sisal limits of a human being.Fielders collide and end careers because of a determination to run down that fly ball. Everyone has experienced bodily harm from pushing their bodies too hard. R inners pull hamstrings, fo otball players throw themselves into risks of concussions, all because t hose people will not consider the risks that are between them and their goals. For me how ever, one time when ambition harmed me was when I was younger. I was at the park with some

Accountant’s Role in Project Feasibility Essay

Many new projects which have passed countless feasibility and viability appraisal studies have been sunk by unexpected events such as flood. fire, burglary, changes in legislation, plague, demographic shifts, an inability recruit and/or keep suitable staff, the failure of a major customer, seasonal demands, health scares, product recalls due to poor quality, withdrawal of financial support, weather, new technology and poor management to list but a few. Many projects of course can pass feasibility tests and studies and be brought undone by sheer incompetence or downright dishonesty. A key factor in any feasibility study must be ensuring that you are dealing with correct facts, correct assumptions and up to date financial data. Almost daily, Tanzanian Newspapers Larry prominent reports of new manufacturing ventures soon to be launched by individual or by local groups. Perhaps, tomorrow a state government will be telling us how college industries will stem the flow of youths from rural to urban areas. From the headlines alone Tanzanians cannot escape the feeling that the rest holds great promise for unprecedented economic and social progress. But these expectations will be fulfilled only if most of the specific projects survive their early lives. Besides, not all those new projects will be completed. Some that get completed will not prove profitable and may soon close down. According to Nwoko (1988:34) summits that in simple terms one reason for which new projects may not be completed but have to be abandoned or profitable ventures may get choked up by controllable environmental factors and circumstance is that proper feasibility analysis was not conducted before take –off of project. According to Ume 91977:10).. stated that proposals schemes or projects for social, environmental and economic development demand feasibility and viability appr aisal. See more:  Manifest Destiny essay In fact the two fundamental questions which feasibility and viability appraisal seek to answer are inevitable for prudent decision making at all levels in the society. The entrepreneur must have a long range outlook on the intended business investment, examine the alternative uses of capital and account for inflation in future value of cash flows, and forecast future events and financial requirements and carry sensitivity and risk analysis. These are highly technical areas of knowledge that calls for expertise skills. Therefore this category of valuation holds out limitless opportunities and boundless scope for service and rewards for the accountants, economists, valuers or appraisers. This study provides an analysis and illustration of the principles of feasibility and viability appraisals and highlights the essence of the subject matter. It also brings into sharp focus the accountants essential contributions which have hitherto tended to be lost in wide diffusion 1.1Background. The study is divided into two sections. Section one which comprises chapter 1,2 and 3 deals with the main basis, scope and methodology of he research. Specifically, chapter two provides an evaluation of the theoretical concept of investment appraisal. Hence, the contributions of various writers with regard to the concepts of feasibility and viability studies as well as the role of the accountant there off are examined under the heading â€Å"literature review†. The second section comprises chapter 4 and 5, and focuses on feasibility and viability case study on a practical illustration of feasibility and viability case study of a household cassava-starch production. 1.2Statement of the problem One of the problems of a successful industrialization in the developing countries is undoubtedly lack of formulation of a project in such a way that its potential profitability either from the public or private view point can be estimated on a firm basis. According to Ezeanagu (1991:14). This assertion is evidently proved by the survival rate of the national directorate of employment supported small scale enterprises in Nigeria which has been put at a mere 15%. According to Uwakaneme (1980:1) this problem can be pinned on the tendency in Nigeria entrepreneurs to neglect thinking through their plans carefully in the beginning in form of feasibility and viability study before committing scarce funds and energy apart from insufficient starting capital and shortage of skilled technical and managerial manpower. Many good business ventures are abandoned after plunging in huge amounts of money because their originator just embarked upon them in that they feel there is market demand and they could get enough funds to execute the project. According to Ughamadu 91990:18) regrettably, as Uwakaneme (1980:3) puts it, many Nigerian businessmen see feasibility studies not as a vital part of their project but as an imposition and an absolute necessity for fulfilling loan requirements or for attracting equity participation. Thus, the more embellished the report the better. Available evidence indicates that even trusted accountants, consultants prepare project reports and projections to suit their clients requirements and earn their fees: insensitive of the credibility to Olashore 91985:5), consequently, the proposals get rejected by the bankers, or share the facilities granted, the business proprietors soon find themselves in trouble when they are faced with real life situations as distinct from the rosy picture painted by the initial projections by the accountants. 1.3Research objectives 1.To determine the main techniques of appraisal commonly adopted for analytical purposes and to determine the reasonableness of such in practical situations. 2.To appraise the potential of feasibility and viability studies in successfully carrying out a project ideas. 3.To identify the general role of the accountant in the formation and development of business. 4.To identify the specific role of the accountant in feasibility and viability appraisals. 5.To illustrate the principles and applications of feasibility and viability studies suing a small scale cassava starch plant as a case study Main objective Specific objective 1.4Research questions. Following from the problems identified in the problem statement as stated above, the following fundamental questions have income imperative for this study: 1.What are the underlying principles and significance of feasibility and viability appraisals? 2.What impact do feasibility and viability appraisals have on the survival o failure of new projects? 3.What is the role of a professional accountant in the preparation of credible feasibility and viability appraisals in order to help avert project failure 1.5Scope of the study This study does not dwell much on the truth or otherwise of the failure of accountants to carry out their role in feasibility and viability appraisals but merely examines what that role should be using a case study. Hence, there is no hypothesis or any proof of such. Research works in Nigeria especially those adopting interview approach, are beset with a lot of limitations which include mass illiteracy, dearth of reliable secondary data prejudice against the research himself and ensure secrecy. Many of these limitations were experienced in the course of its study. The study was carried out mainly in Enugu although some data were gathered in Lagos. Therefore, the case study may not be regarded as a â€Å"fact accompli† report for investment purposes as only a limited investment has been conducted and a number of assumptions made. These limitations not withstanding it is believed that the findings of the study could be useful and should form the basis for further studies on the subject. 1.6significance of the study If a project is well formulated and thoroughly appraised, a good follow-through on the subsequent stages of the project will see to its goals being achieved. Appraisal involves a careful checking of the basic data, assumptions and methodology used in project preparation, an in-depth review of the work plan, cost estimates and proposed financing, an assessment of the project’s organizational and management aspects, and finally the validity of the financial, economic and social benefits expected from the project. On the basis of such an assessment, a judgement is reached as to whether the project is technically sound, financially justified and viable from the point of view of the economy as a whole. The target audiences of this study are students of accountancy in the tertiary educational institutions and all those interested in the field of project evaluation. Since there appears to be no existing literature on the role of the accountant in feasibility and viability studies, this project attempts to till that gap for the benefit of accounting students. It would also help young entrepreneurs and indeed the management of small-scale business to appreciate the necessity of feasibility and viability appraisal which will translate to the survival of their business which will in turn enhance the attainment of the government objective of rapid industrialization 1.7Limitation and delimitation of the study 1.8DEFINITION OF TERMS The following are the contextual definition of some terms used in the study: ACCOUNTANT: PROJECT: A project is the use of one or more scarce resources during specific time period for the purpose of producing some economic returns or output at a later time. A project is the consumption in the near future of scarce or at least limited resources in the hope of obtaining in return over a longer is an optimum set in the investment oriented by means of which a defined continuation of human and material resources is expected to cause a determined amount of economic and social development. According Nweze (1987:†34) INVESTMENT: According to SIR D.C Osuagwu (2003:31) investments are carried out primarily for maximizing an entities wealth and can be varied into: Mechanization of process where a firm wants to change its manual system of production to installation of a machine or expansion is a process. Investment is an economic activity designed to increases, improve or maintain the productive qualify of the existing stock of capital. According to Nweze (1987:34). NB: project evaluation, investment analysis or appraisals are for the purpose of this study, synonymous and therefore used interchangeably here. FEASIBILITY AND VIABILITY Feasibility and viability have been explained in detail elsewhere in this study. But for the present purpose let it suffice that respectively the mean â€Å"practicability and profitability†

Advertisement, Good or Not Essay

Advertisement is news or a message that is made for persuade or influenced people to be interested in the product or service that a company offers. It means that every ad must be persuasive. There are many kinds of ads; based on its nature of advertisement, it is divide into Commerce ads and Non-commerce ads. Commerce ads made for influencing people in order to have, buy and use the product that has been advertised. On the other hand non-commerce ads made to get people’s attention so they will be sympathetic or give a support to the ads. In the daily life people often see an advertisement; in television, in news paper, in internet, in radio and at the road, posted on billboard. The advertisement will influence people’s behavior and physicology, because people’s culture and life style are based on what they have seen and feel then they will implement it in their daily life. In this case, modern people’s life will be influenced by the information that they get in their daily life. By watching and hearing an advertisement, people will get two sides of effect, they are disavantages and advantages. The effect that people get is based on how people respond to the advertisement, and if people dont want to get the disadvantageous side of advertisement, they have to know how to respond to it. The main function of the ads is to promote a product in order to look more interesting and able to get consumer’s attention. There are many ways that company do to get the consumer’s attention through an ads, like in a humorous , strange , controversial way, etc. However many ads do not only want to promote their products but also want to give some moral message to people so that it can useful to people’s life. For example, cigarette advertising â€Å"Gudang Garam†. It show that a scholar who is able to be a motorist taxi only. He is constantly humiliated by the other motorcycle taxi riders because of his bachelor’s degree. His unfortunate fate changes when his only one motorcycyle is stolen. He feels regretful and curses his bad luck. But, because that accident, he has an idea to make an alarm for motorcycle and after that he become a succesful entrepreneur. The moral message that we get is â€Å"Never give up on situation, make a mockery as our motivation, and believe that there must be a good lesson in every difficulty. Another function of ads is to educate people. How could an ads educate people? That’s because every has a story that could be a lesson to people in their life. For example, Tea advertising â€Å"sariwangi †. It tells story about the wife who wants to ask her husband to repair their roof, but she doesn’t want to disturb her husband. Finally she asks her husband softly and she also gives her husband a cup of warm tea in order to warm up the situation. The message conveyed in this ad is â€Å"a wife should know her husband the condition before asking something so that their family will always be harmonious. From both ads, we can see that there are no factors that could ruin children’s moral or the factor that could influence people to do something bad. On the other hand, both ads contain a lot of factors of entertainment and education, and they also give a lot of useful moral message to people’s life. There are some ads that advertise product excessively. That ads can manipulate public taste and public minds. For example, body lotion advertisement. In that ads, the price of the product is not stated clearly. In fact it is only showing the beauty of its white model’s body that shows women will look more beautiful if they have flawless white skin after using this product. Its tagline also influences people to buy something useless and force them to think that such a product is a primary need. The woman who feel pretty with her brown skin, now they feel ugly because they don’t flawless white skin. If the women still cannot get what the color of skin that they want, they will buy the product again and again untill they feel they have the best color of skin thinking about the effect. This ads shows that a bad ads can make someone consumptive and imitate the action from the ads. An ads doesn’t have to be erased or eliminated from human live. As people who consume an ads in almost every activity, people have an obligation to choose and sort some ads which are good or not for themselves, think rationally to every sugesstion from the ads and improve the intrepretation of the ads in which every action in the ads is not always the sama as the real life. In short, any ads showed by some companies can be concluded as a bad ads or good ads based on how to responed to it. The ads can be good to someone but may not to others. Therefore, people have to respond to it wisely. People have to assume that an ads is just a media to promote a product and there is not a ‘MUST’ buy the product. People cannot only the good ads but also can refuse the bad ones.

Limitations of Financial Accounting Essay

Financial accounting is the only branch of accounting and it is not perfect. There are large numbers of limitations which open new way to use other tools of accounting. To know what are the main limitations of financial accounting. It is very necessary for accountants. Accountants are often blind to these limitations. So, I am covering its limitation a lot of ground. Read below and understand:- 1. Financial accounting is of historical nature Net effect of transactions are recorded in financial accounting which has happened in past. These accounts is just postmortem of all events of business in past .These record does not help for future planning and other managerial decisions. Financial accounting shows the profitability of business but it is failure to tell that is it good or bad. Financial accounting is also failure to know the reasons of low profitability position. 2. Financial accounting deals with overall profitability Accounts of business are made by a way which shows only overall profitability .It does not shows net profit per product , or per department or according to job . Thus it is very difficult to find all such activities which do not give profit. So, it creates inefficiency in business activities. 3. Absence of full disclosure of facts In financial accounting we record only those activities and transactions which we can show or describe in money. There are many other facts of business which are nonfinancial and nonmonetary like efficient management, demand of products of firm, good relations in industry , good working environments which cannot be known by financial accounting . 4. Financial reports are interim report of business Financial statements made by financial accounting is the interim report of firm’s all business work but financial position and profitability which are shown in it is not fully true . Due to adopting cost concept, all transactions are recorded on it real cost but by changing in the time; it is the need of time to adjust cost of assets and liabilities according to inflation of market. Because, financial accounting does not records according to inflation so its result does not show true position of business. 5. Incomplete knowledge of costs From cost point of view, financial accounting is incomplete. In financial accounting, accountant does not calculate each and every product’s total cost. So, financial accounting does not help to determine the price of product of business. 6. No provision of cost control Financial accounting does not help business organization for controlling the cost as there is no provision of controlling cost in it. In financial accounting, we write cost, if we pay any expenses. Thus there is no provision of improvement in financial accounting. Except this, there is no any other way to inspect all expenses. 7. Financial statements are affected from personal judgment Many events of financial statements are affected from personal judgment of accountant. Method, rate of provision of doubtful debts and valuation method are decided by accountant. Thus, financial statements do not show true and fair view of business.