Discussion: Risk Mitigation Control Essay

When it comes to risk management, risk mitigating controls are the key to reducing threats to the network infrastructure. These mitigating controls can be found within standards, such as ISO/IEC 27001, and suggest measures to take in order to reduce risk to an organization’s assets. It is important to understand what each of these controls are in regards to risk management as well as the types of assessments used in determining the proper methods in protecting the infrastructure of any network. An asset is any tangible or intangible economic resource that can be owned or used to produce value. These range from hardware and software to personnel assets. Threats may be man-made, accidental or an act of nature, which can cause potential harm to the network. Mitigating controls are put in place to significantly reduce either the chance or penalties of a threat. Types of controls, that an admin can implement, are login identifiers, system and data audits, firewalls, encryption, and session timeouts. All of these controls help to prevent, defect, and correct the network from potential threats. Identifiers are simply authentication methods used to gain access to a network. Audits need to be completed to investigate the activities of personnel as well as identify the status of the overall network. Firewalls must be put in place to protect the network against unwanted users and bugs. Encryption should be used to ensure all data traffic is protected from prying eyes or individuals scanning the network for information they can steal or abuse. Lastly, a policy implementing session timeouts must be enforced to hold all users liable for not properly locking their computers when walking away from it. All of these controls ensure a greater protection not only for the network, but also for the information or data passing along its highways. Thank you for coming out, God bless†¦. Goodnight.

Biopure Solution

Biopure Corporation has two new products that are Oxyglobin and Hemopure. Oxyglobin is the first new blood substitute for the veterinary market and is ready for consumer use. Hemopure is another new blood substitute for the human market and it will take two years to launch the product from now on. Ted Jacobs, vice president for Human Clinical Trials, is concerned about creating an unrealistic price expectation for Hemopure by marketing Oxyglobin before Hemopure. On the other hand, Andy Wright, vice president for Veterinary Products, believes that selling Oxyglobin has benefits for the company in terms of generating revenues for the use of launching Hemopure and learning how to market and make mistakes prior to the launch of Hemopure. Carl Rausch, the president and CEO of Biopure Corporation, has to decide if the release of Oxyglobin would be beneficial for the company without jeopardizing the potential of Hemopure. The Solution: I think that launching Oxyglobin has many benefits for the company. For this reason, I agree with Andy Wright’s decision to begin by selling Oxyglobin. Ted Jacobs indicates that the veterinary market is small and price sensitive. He also believes that if the company prices Oxyglobin around $150, it will be very difficult to price Hemopure at $800 because of the huge difference in price for the same product. I disagree with Ted Jacobs because although the production processes and physical characteristics of these two products are identical, Oxyglobin is targeted for the animal market whereas the target customer for Hemopure is the human market. Just because products are identical does not mean that the company prices separately; it is all about the supply and demand. The determining factor of price is the market itself, so Ted Jacobs thinks that Biopure can achieve the price points of $600 to $800. He can only estimate these price points based on the market price. Additionally, even though the veterinary market is small and price sensitive, being the first in any market will make a huge difference and impact the company’s reputation in a positive way if the product satisfies the needs and wants of the consumers. 84% of veterinary doctors complained about the lack of alternatives to the blood transfusion in the marketplace. I believe that this is a big opportunity for Biopure to enter the veterinary market because Oxyglobin has already passed an FDA – approval process specific to the veterinary market. If the competitors want to get a share for animal blood substitutes, they have to wait at least for two years. Waiting for Hemopure to launch both products at the same time will also put the company in a risk because of the possibility of competitors’ entrance to the veterinary market. Once Oxyglobin achieves its purpose for animals and satisfies the veterinary doctors and pet owners, the success of this product will help Biopure to easily launch Hemopure and attract the human market. The Implementation: Andy Wright and his team can have a successful launch for Oxyglobin by implementing the followings: †¢ The Pricing Strategy: Even though the surveys show that veterinarians recommend less-expensive treatments over more-expensive, 90% of pet owners are willing to be informed about all the available alternatives to treat their pets. For this reason, giving the many advantages of Oxyglobin relative to donated animal blood and being the only animal blood substitute in the market, Oxyglobin should carry a premium price of up to $200 per unit. The Distribution Strategy: Instead of making a contract with one of the distributors, Biopure should consider of distributing Oxyglobin by using its salesforces. By doing so, the company does not have to pay 20% of the selling price on a more-established product and 30% of the selling price on a new product. Since the estimated cost of distributing Oxyglobin is $10 to $15 per unit, Biopure would save money compared to the cos t of contracting with one of the distributers which would be $60 per unit.

Business System Analysis and Design Notes

Skills by System Analyst:Working knowledge of information technology(The analyst must be aware of both existing and emerging information technologies),Computer programming, experience and expertise,General business knowledge,General problem-solving skills,Good interpersonal communication skills,Good interpersonal relations skills,Flexibility and adaptability,Character and ethics. Info sys architecture:provides a foundation for organizing various components of any info sys you care to develop. a unifying framework into which various stakeholders with different perspectives can organize and view the fundamental building blocks of information systems. Views of knowledge System owners view: Interested not in raw data but in information. (Business entities and business rules) System users’view: View data as something recorded on forms,stored in file cabinets,recorded in books and spreadsheets,or stored on computer. Focus on business issues as they pertain to data. Data requirement System designers’ view: Data structures,database schemas,fields,indexes,and constraints of particular database management system (DBMS). System builders’ view: SQL,DBMS or other data technologies Views of process System owners’view:Concerned with high-level processes called business functions. A cross-functional information system System users’view:Concerned with work that must be performed to provide the appropriate responses to business events. Business processes,Process requirements,Policy,Procedure, Work flow System designers’view:Concerned with which processes to automate and how to automate them. Software specifications System builders’view:Concerned with programming logic that implements automated processes. Application program,Prototyping Views of communication System owners’ view: Who? Where? What? System users’ view: Concerned with the information system’s inputs and outputs. System designers’ view: Concerned with the technical design of both the user and the system-to-system communication interfaces. System builders’ view: Concerned with the construction, installation, testing and implementation of user and system-to-system interface solutions *Basic principles of system development: Get the system users involved. Use a problem-solving approach. Establish phases and activities. Document through development. Establish standards. Manage the process and projects. Justify systems as capital investments. Don’t be afraid to cancel or revise scope. Divide and conquer. Design systems for growth and change. The need to improve: Performance Info Eco/controlcosts Control/Security Efficiency Service Phases for system development: scope definition, problem analysis, requirements analysis, logical design, decision analysis, physical designand integration, construction and testing, installation and delivery. Cross life-cycle activity: Fact-finding, Documentation and presentation Documentation, Presentation, Repository), Feasibility analysis, Process and project management Routes through the basic systems development phases: model driven development strategies (process, data, object modeling), Rapid application development (RAD), commercial application package implementation, system maintenance *Benefits of use case modeling: Provides tool for capturing functional requirements. Assists in decomposing system into man ageable pieces. Provides means of communicating with users/stakeholders concerning system functionality in language they understand. Provides means of identifying, assigning, tracking, controlling, and management system development activities. Provides aid in estimating project scope, effort, and schedule. The relationships that can appear on a use-case model diagram: Use case association relationship, extension use case, abstract use case, depends on, inheritance Use case – a behaviorally related sequence of steps (scenario), both automated and manual, for the purpose of completing a single business task. Steps for preparing a use-case model: Identify business actors. Identify business use cases. Construct use-case model diagram. Documents business requirements use-case narratives *Data modeling(database modeling)–a technique for organizing and documenting a system’s data. Data Modeling Concepts:Entity(class of persons, places, objects, events, or concepts about which we need to capture and store data),Attribute(descriptive property or characteristic of an entity. Synonyms include element, property and field), Data type(property of an attribute that identifies what type of data can be stored in that attribute),Domain(a property of an attribute that defines what values an attribute can legitimately take on),Default value(the value that will be recorded if a value is not specified by the user),Key(an attribute, or a group of attributes, that assumes a unique value for each entity instance. It is sometimes called an identifier),Subsetting criteria(an attribute whose finite values divide all entity instances into useful subsets. Sometimes called an inversion entry),Relationship(a natural business association that exists between one or more entities),Cardinality(the minimum and maximum number of occurrences of one entity that may be related to a single occurrence of the other entity),Degree(the number of entities that participate in the relationship),Recursive relationship(a relationship that exists between instances of the same entity),Foreign key(a primary key of an entity that is used in another entity to identify instances of a relationship),Parent entity(a data entity that contributes one or more attributes to another entity, called the child. In a one-to-many relationship the parent is the entity on the â€Å"one† side),Child entity(a data entity that derives one or more attributes from another entity, called the parent. In a one-to-many relationship the child is the entity on the â€Å"many† side),Nonidentifying relationship(relationship where each participating entity has its own independent primary key), Identifying relationship – relationship in which the parent entity’ key is also part of the primary key of the child entity,Generalization(a concept wherein the attributes that are common to several types of an entity are grouped into their own entity),Nonspecific relationship(relationship where many instances of an entity are associated with many instances of another entity. Also called many-to-many relationship) ,Sample CASE Tool Notations Entity relationship diagram (ERD):a data model utilizing several notations to depict data in terms of the entities and relationships described by that data. Logical Model Development Stages:1Context Data model(Includes only entities and relationships;To establish project scope). 2Key-based data model(Eliminate nonspecific relationships;Add associative entities;Include primary and alternate keys;Precise cardinalities). Fully attributed data model(All remaining attributes;Subsetting criteria). 4Normalized data model Normalize a logical data model to remove impurities that can make a database unstable, inflexible, and nonscalable. First normal form (1NF):entity whose attributes have no more than one value for a single instance of that entity,Any attributes that can have multiple values actually describe a separate entity, possibly an entity and relationship. Second normal form (2NF):entity whose nonprimary-key attributes are dependent on the full primary key,Any nonkey attributes dependent on only part of the primary key should be moved to entity where that partial key is the full key,May require creating a new entity and relationship on the model. Third normal form (3NF):entity whose nonprimary-key attributes are not dependent on any other non-primary key attributes. *Model:pictorial representation of reality. Logical model:nontechnical pictorial representation that depicts what a system is or does. Physical model:technical pictorial representation that depicts what a system is or does and how the system is implemented Process modeling:a technique used to organize and document a system’s processes. (Flow of data through processes,Logic,Policies,Procedures) Data flow diagram (DFD):a process model used to depict the flow of data through a system and the work or processing performed by the system. Synonyms are bubble chart, transformation graph, and process model. The DFD has also become a popular tool for business process redesign. Processes on DFDs can operate in parallel (at-the-same-time). DFDs show the flow of data through a system. Processes on a DFD can have dramatically different timing (daily, weekly, on demand) Context data flow diagram:a process model used to document the scope for a system. Also called the environmental model. Think of the system as a â€Å"black box. â€Å"2Ask users what business transactions the system must respond to. These are inputs, and the sources are external agents. 3Ask users what responses must be produced by the system. These are outputs, and the destinations are external agents. 4Identify any external data stores, if any. 5Draw a context diagram. Decomposition diagram:a tool used to depict the decomposition of a system. Also called hierarchy chart. Business System Analysis and Design Notes Skills by System Analyst:Working knowledge of information technology(The analyst must be aware of both existing and emerging information technologies),Computer programming, experience and expertise,General business knowledge,General problem-solving skills,Good interpersonal communication skills,Good interpersonal relations skills,Flexibility and adaptability,Character and ethics. Info sys architecture:provides a foundation for organizing various components of any info sys you care to develop. a unifying framework into which various stakeholders with different perspectives can organize and view the fundamental building blocks of information systems. Views of knowledge System owners view: Interested not in raw data but in information. (Business entities and business rules) System users’view: View data as something recorded on forms,stored in file cabinets,recorded in books and spreadsheets,or stored on computer. Focus on business issues as they pertain to data. Data requirement System designers’ view: Data structures,database schemas,fields,indexes,and constraints of particular database management system (DBMS). System builders’ view: SQL,DBMS or other data technologies Views of process System owners’view:Concerned with high-level processes called business functions. A cross-functional information system System users’view:Concerned with work that must be performed to provide the appropriate responses to business events. Business processes,Process requirements,Policy,Procedure, Work flow System designers’view:Concerned with which processes to automate and how to automate them. Software specifications System builders’view:Concerned with programming logic that implements automated processes. Application program,Prototyping Views of communication System owners’ view: Who? Where? What? System users’ view: Concerned with the information system’s inputs and outputs. System designers’ view: Concerned with the technical design of both the user and the system-to-system communication interfaces. System builders’ view: Concerned with the construction, installation, testing and implementation of user and system-to-system interface solutions *Basic principles of system development: Get the system users involved. Use a problem-solving approach. Establish phases and activities. Document through development. Establish standards. Manage the process and projects. Justify systems as capital investments. Don’t be afraid to cancel or revise scope. Divide and conquer. Design systems for growth and change. The need to improve: Performance Info Eco/controlcosts Control/Security Efficiency Service Phases for system development: scope definition, problem analysis, requirements analysis, logical design, decision analysis, physical designand integration, construction and testing, installation and delivery. Cross life-cycle activity: Fact-finding, Documentation and presentation Documentation, Presentation, Repository), Feasibility analysis, Process and project management Routes through the basic systems development phases: model driven development strategies (process, data, object modeling), Rapid application development (RAD), commercial application package implementation, system maintenance *Benefits of use case modeling: Provides tool for capturing functional requirements. Assists in decomposing system into man ageable pieces. Provides means of communicating with users/stakeholders concerning system functionality in language they understand. Provides means of identifying, assigning, tracking, controlling, and management system development activities. Provides aid in estimating project scope, effort, and schedule. The relationships that can appear on a use-case model diagram: Use case association relationship, extension use case, abstract use case, depends on, inheritance Use case – a behaviorally related sequence of steps (scenario), both automated and manual, for the purpose of completing a single business task. Steps for preparing a use-case model: Identify business actors. Identify business use cases. Construct use-case model diagram. Documents business requirements use-case narratives *Data modeling(database modeling)–a technique for organizing and documenting a system’s data. Data Modeling Concepts:Entity(class of persons, places, objects, events, or concepts about which we need to capture and store data),Attribute(descriptive property or characteristic of an entity. Synonyms include element, property and field), Data type(property of an attribute that identifies what type of data can be stored in that attribute),Domain(a property of an attribute that defines what values an attribute can legitimately take on),Default value(the value that will be recorded if a value is not specified by the user),Key(an attribute, or a group of attributes, that assumes a unique value for each entity instance. It is sometimes called an identifier),Subsetting criteria(an attribute whose finite values divide all entity instances into useful subsets. Sometimes called an inversion entry),Relationship(a natural business association that exists between one or more entities),Cardinality(the minimum and maximum number of occurrences of one entity that may be related to a single occurrence of the other entity),Degree(the number of entities that participate in the relationship),Recursive relationship(a relationship that exists between instances of the same entity),Foreign key(a primary key of an entity that is used in another entity to identify instances of a relationship),Parent entity(a data entity that contributes one or more attributes to another entity, called the child. In a one-to-many relationship the parent is the entity on the â€Å"one† side),Child entity(a data entity that derives one or more attributes from another entity, called the parent. In a one-to-many relationship the child is the entity on the â€Å"many† side),Nonidentifying relationship(relationship where each participating entity has its own independent primary key), Identifying relationship – relationship in which the parent entity’ key is also part of the primary key of the child entity,Generalization(a concept wherein the attributes that are common to several types of an entity are grouped into their own entity),Nonspecific relationship(relationship where many instances of an entity are associated with many instances of another entity. Also called many-to-many relationship) ,Sample CASE Tool Notations Entity relationship diagram (ERD):a data model utilizing several notations to depict data in terms of the entities and relationships described by that data. Logical Model Development Stages:1Context Data model(Includes only entities and relationships;To establish project scope). 2Key-based data model(Eliminate nonspecific relationships;Add associative entities;Include primary and alternate keys;Precise cardinalities). Fully attributed data model(All remaining attributes;Subsetting criteria). 4Normalized data model Normalize a logical data model to remove impurities that can make a database unstable, inflexible, and nonscalable. First normal form (1NF):entity whose attributes have no more than one value for a single instance of that entity,Any attributes that can have multiple values actually describe a separate entity, possibly an entity and relationship. Second normal form (2NF):entity whose nonprimary-key attributes are dependent on the full primary key,Any nonkey attributes dependent on only part of the primary key should be moved to entity where that partial key is the full key,May require creating a new entity and relationship on the model. Third normal form (3NF):entity whose nonprimary-key attributes are not dependent on any other non-primary key attributes. *Model:pictorial representation of reality. Logical model:nontechnical pictorial representation that depicts what a system is or does. Physical model:technical pictorial representation that depicts what a system is or does and how the system is implemented Process modeling:a technique used to organize and document a system’s processes. (Flow of data through processes,Logic,Policies,Procedures) Data flow diagram (DFD):a process model used to depict the flow of data through a system and the work or processing performed by the system. Synonyms are bubble chart, transformation graph, and process model. The DFD has also become a popular tool for business process redesign. Processes on DFDs can operate in parallel (at-the-same-time). DFDs show the flow of data through a system. Processes on a DFD can have dramatically different timing (daily, weekly, on demand) Context data flow diagram:a process model used to document the scope for a system. Also called the environmental model. Think of the system as a â€Å"black box. â€Å"2Ask users what business transactions the system must respond to. These are inputs, and the sources are external agents. 3Ask users what responses must be produced by the system. These are outputs, and the destinations are external agents. 4Identify any external data stores, if any. 5Draw a context diagram. Decomposition diagram:a tool used to depict the decomposition of a system. Also called hierarchy chart.

Billing and Coding for Health Services Research Paper

Billing and Coding for Health Services - Research Paper Example The interaction is described as the revenue cycle management, which is noted to take a varying amount of time to complete. Medical healthcare providers are observed to contract the healthcare services rendered with a variety of insurance companies. However, the interaction commences after the patient is treated by a physician. There is a trend towards the outsourcing of billing and coding services through the Group purchasing organizations (Reese, 2014). This has been noted to lead to significant reductions in cost. However, there is a growing need to make the billing process clearer to the patients. The codes that are defined in the diagnosis procedures are employed by the insurance companies in the examination of the medical necessity and the coverage. After the determination of the medical procedures and diagnosis, the medical biller is demanded to communicate the claim to the insurance company. Usually, medical healthcare providers utilize electronic transmission, such as electronic data interchange, to communicate the claim to the payer directly. It is integral to note that the insurance company defines the payer; thus, the insurance companies use medical claim adjusters or medical claims examiners to process the claims that are submitted. In the case of great dollar amount claims, the insurance companies examine the claim and value the validity for the eligibility of the payment via rubrics defining patient eligibility, the healthcare service provider’s credentials and the medical necessity of the claim. The approved applications are refunded for an agreed percentage that is negotiated between the insurance companies and the healthcare service providers. However, the failed claims must be communicated to the provider using an Electronic Remittance Advice (ERA). There is a difference between the rejected and denied claims; however, there is a common mistake of

The reflection of the case Study Example | Topics and Well Written Essays - 500 words - 1

The reflection of the - Case Study Example Passion is another vital concept to bear when starting a business. A person with the passion to engage in a particular venture is often successful as opposed to an individual who does not engage in it passionately. This is because this passionate person is often optimistic and optimism is vital in business. This is as shown in the case where Vivek Khuller thought of the idea of combining SFX and the Ticketmaster (Wasserman, 1). One of the major points to understand with relation to entrepreneurship is the manner in which the market is developed and divided. In the contemporary business environment, this is referred to as market segmentation. Market segmentation refers to the manner in which a company focuses on a large group of people who are the target market and then figuring out the ones with similar needs and operating with each group differently. After carrying out market segmentation, different approaches are then incorporated to ensure that all the different needs of the various individuals are met. After the entrepreneur establishes in the market, it is vital to ensure that he increases the taskforce that he has. With the increase in the task force, the consequent of this is that the market will extend and every segment gets a manager. This in the case is after Khuller had joined forces with other 5 individuals and consequently had to share the market and profits with them (Wasserman, 9). Another point to consider is concerning the full life cycle in business. This involves carrying out of various steps that assist in determining the condition of the commodity. The first step normally involves the identification of the manners through which customers get to know the commodity. There is then the collection of information about how the consumers use the commodity. Moreover, there is the determination of the expected need of

Partnership vs.Corporation (Taxation) Assignment

Partnership vs.Corporation (Taxation) - Assignment Example Advantages and disadvantages related to becoming a corporation Incorporating a business has many merits attached to it. A corporate business has many structures that make it enjoy protection from liability. Corporation also has ease of growth. It is also easy to transfer ownership to another. It is flexible and never rigid. The major disadvantage of a corporation is the double taxation that is levied upon the firm/corporation (Piper, 2008). The taxation is levied at the corporation level and the individual earnings are taxed. There are also fee charged for maintaining the status of a corporation and that of keeping and running corporate meetings throughout the year. In spite of these demerits attached to the corporation, it is important to note that it is easy for a corporation to go public. A corporation enjoys liability protection. In a corporation, owners and stakeholders are given indemnity from the debt incurred by the corporation. In case of the default and the bankruptcy of a corporation, owners and stakeholders do not come to be part of the debt. Therefore, individuals in the corporation cannot suffer. The personal assets and corporation assets are not interfered with in case a corporation is unable to pay its debts. Thought the corporation face double taxations; there exist cases where they are given tax breaks. A corporate business gains trust from the public and business entities as it is considered a professional entities. These give it business advantage due to its status and legality. Advantages and disadvantages of being in partnership Partnership is an agreement reached between two or more people to finance an organization or a business and run it together. In partnership, the business is independent from the partners however; the losses and profits flow through their individual taxes. Advantages of business partnership include: There are no complex details attached to establishing a partnership. It is easy to form The capacity to raise funds is greater as more partners have a higher bargaining power. They can thus get access to loans easily. There is a wider range of expertise skills. People often have different knowledge and skills; this puts the organization or the business at an advantaged position because of the possibility of varied range of knowledge and skills. Partnership can be cheaper t operate as each partner specializes in a section thus higher level of concentrated output. Partnership is important because partners mean good for the business; they thus provide moral support for each other. They may also open up for creative performance as they brainstorm Disadvantages of Business Partnership Business and the individual partners are directly liable for any action of the business and other partners The profits have to be shared in amongst people. This may raise conflict when one partner or partners feel that their contributions to the business are greater than other. This may create conflicts. There are various limitations associated with partnership, which makes it not conducive for rapid expansion. The main demerit associated with partnership is that individual members are liable to a greater degree for the liability of the business. 2. How partnership minimizes tax liability. Prepare a response as to why partnership was the best option Partnership is advantageous because it limits personal obligation to an individual but it indebts it to the partners in the organization collectively. Partnership is also

Characterisation material physical properties of porous materials Article

Characterisation material physical properties of porous materials - Article Example According to this theory, three different kinds of waves propagate within the porous material. One is the compression wave propagating in the fluid phase, the second is the compression wave travelling in the solid phase, and the third is the shear wave propagating in the solid phase (Pan & Jackson). The Biot model for predicting sound propagation in porous materials is based on five material properties, also called Biot parameters, of the material. These five parameters include the porosity of the material, its airflow resistivity, tortuosity, thermal characteristic length, and viscous characteristic length. The present review discusses the current methods for measuring and predicting these five Biot parameters. 2 Material Physical Properties in Biot Theory This section details the characterization of the material physical properties, i.e. the five Biot parameters, of porous materials. A review of the properties themselves along with the methods for measuring and predicting them is p resented. 2.1 Porosity (?) The porosity of a material is the â€Å"relative fraction, by volume, of the air contained within the material† (Fellah et al. 2003, p. 296). ... Other non-destructive methods have been applied for the estimation of porosity. Beranek (cited in Leclaire et al. 2003) gave a very simple method, in which the porous material is saturated with water and placed in an airtight chamber that is linked to a manometer. This method was based on Boyle’s law and was helpful in estimating the open porosity of the material having surfaces with open-pores. Another method that utilised Beranek’s principle was that by Champoux et al. (cited in Leclaire et al. 2003), which had a very elaborate system involving a micrometer and a differential pressure transducer. Recently, many different methods have been proposed and applied by various investigators to measure the porosity of materials. For instance, the method by Connolly (cited in Yang 2011) uses a thermographic method. In this method, the correlation between porosity and thermal diffusivity is derived by analysing the heat diffused in the sample upon heating with a laser. Other me thods include the use of X-ray computed tomography, microwaves etc to measure porosity. ASTM D6226-05 test standard describes another method that uses a gas pycnometer for measuring porosity (Pan & Jackson 2009). This method uses an apparatus consisting of calibrated expansion and sample chambers. The porous sample is placed in the sample chamber and subjected to a certain predetermined increase in pressure. This method is also based on Boyle’s law and measures the open pore volume of the sample. Another method given by Salissou and Panneton (cited in Pan & Jackson 2009) was based on the experimental determination of the solid phase volume of the material. Four tests for measuring the masses with and without the sample at

Extra Credit #2 Movie Review Example | Topics and Well Written Essays - 500 words

Extra Credit #2 - Movie Review Example The Credit Crisis is a short video by Jonathan Jarvis, which illustrates the 2007 international financial crisis. It is very challenging to identify an individual or organization that was not negatively affected by the crisis. Understanding the complex financial systems that resulted in the large scale financial meltdown is very difficult. The movie demystifies the subprime lending, poor relationship among the financial stakeholders, and the Glass-Steagall Act adequately. Knowledge is power, and Wall Street has continuously applied the principle to benefit financially. The CNBC Subprime Mortgage Special - House of Cards illustrates issues that closely resemble the current real estate sector. One of the issues is the profit motive among the real estate players. The financial greed among investors is what led to the financial crisis. Quick Loan Funding provided credit to people who could not afford down payment. Thus the number of borrowers increased, and the company recorded millions in profit. Presently, many financial institutions fund mortgage products by providing cheap credit facilities to the investors. The Credit Crisis illustrates that the financial system is complex and large scale. Very many people do not understand this complex financial system, and thus the financial crisis was experienced. Millions of Americans did not understand the magnitude of the large credit bubble that occurred during the past decade, due to limited financial knowledge. When the bubble burst, negative financial consequences were thus realized. Many people currently do not understand the global financial system because of the complexities involved. Due to the greed of financial institutions, many people still get excessive credit products despite of negative effects shown during the financial crisis. The two films have one major similar feature. They both discuss the negative effects of the global financial crisis. The Credit Crisis explains that the financial

Social Relations Essay Example | Topics and Well Written Essays - 750 words

Social Relations - Essay Example Many people tend to be aggressive for one reason or another. The result of one's character is highly characterized by roles one plays, and mutual interactions of motivation and the motion which lies at the heart of autonomy adaptation and social interaction in both biological and artificial agents (Kenny D, 1994). They also have a powerful and wide range in influence on many aspects of cognition and action even though one's role is often considered complimentary. This is concerned by external and internal factors involved in the establishment of one's behaviour where emotion is the core determiner of behaviour among the critical factors (Kenny D, 1994). Within societies, an individual learns not only on his own but also through interaction with other people surrounding him/her. This brings about the issue of social intelligence an essential tool in communication through conservations (Brown J, 1991). Social aggregation has a strong genetic basis where it is mainly as a result of environmental influences (Brown J, 1991). Specifically, teachers and peers indicate an extent to which a participating child exhibits social aggressive behaviors, such as trying to make others hate one another or the degree of influence to make others like one another, or saying bad things and spreading nasty rumours (Brown J, 1991). Empirical evidence for an effect of workplace psychological control on an individual is sometimes not visible but studies have shown that negative parenting behaviours such as lack of responsiveness and coercion are linked to one's ego (Perloff R, 2003). People who have socially aggressive friends tend to be aggressive themselves (Perloff R, 2003). This contributes to much social stratification where people tend to group themselves in terms of character and behaviour. This makes them share a habit in common. For workers today, the stress associated with trying to blend the responsibilities of paid work with responsibilities of family and personal life has become an increasingly visible issue (Perloff R, 2003). This is because more and more workers continue reporting on how their lives have become frenzy as they struggle with the unrelenting demands of work and personality (Perloff R, 2003). The significance of being free of bias brings about independence freedom of thought and democracy, where one is not intimidated (Kenny D, 1994). It creates integrative minds, where a person acts without being told, and thinks that he is right (Kenny D, 1994). There is an increasing demand for those who practice initiative because the reward is two fold, one it helps one improve his financial status and also develops strength in his/her personal attributes. In conclusion, social psychology principles plays a critical component in enabling individuals interact, as well as personal relationship. It creates the spirit of mutual interrelationship between people whereby, the participants share information, therefore enhancing clear understanding of our surroundings. Reference Brown, J. David. (1991). "Preprofessional Socialization and Identity Transformation: The Case of the Professional Experience". Journal of Contemporary Ethnography Perloff, R. M. (2003).

From the period of the Spanish American War through the end of World Essay

From the period of the Spanish American War through the end of World War two, why does the United States move from relative isol - Essay Example The initial consequence of this increased global involvement resulted in a psychological and cultural impact on the American society that established a sense of supremacy in the minds of the general population about their country’s standing in the world. Another consequence of America’s increased global involvement was the economic development that was observed as a result of its emergence and ultimate dominance on the international stage during the period between the Spanish American War and World War II. The reason why the United States went to war against Spain in 1898 was because from its early days, policymakers in the country believed that Cuba’s geographic location was of monumental significance to the United States. Moreover, Spain’s loss of the majority of its lands in Central and South America led some of the politicians to suppose that France or Great Britain may take sweeping action to take control of Cuba and cause a great measure of problems for the United States. As Cuba became an important producer of tobacco and sugar cane, North American investment in the island saw a tremendous increase; the great degree of these economic relations by 1895 between the two countries was becoming more and more significant, as the U.S became an importer of 90% of Cuba’s sugar produce1. 30 years before the Spanish American war broke out, the Cubans had begun fighting for independence2, and this quest for freedom reached its climax in the year of 1895 when General Maximo Gomez, with his inadequate militia rose against a powerful Spanish army. The persistence of the Cuban insurgents came as a surprise to the Spanish opponents, who vowed to answer with a much ruthless response, killing about one fourth of the island’s population by 1898. As the Spanish government carried out its bloody campaign to repress the Cuban uprising, secretary of state, Richard Olney faced rising public demands to intervene in the matter to which the U.S made it clear to Spain that with the onset of war between the two nations, the United States considered its interests in Cuba being in danger. The event which ultimately triggered the Spanish American War occurred on February 15th 1898 when USS Maine, a US navy battleship blew up Havana harbor, killing 266 people. The US media heavily speculated that this act had been performed on the part of the Spain and even though diplomatic intermediaries from both sides intervened to resolve the issue, Congress went on to declare Cuba independent upon President McKinley’s request, demanding Spain’s withdrawal from the island and empowering the US president to engage in a war with Spain if it refused to recognize Cuba’s independence. When Cuban nationalists had first cried for independence, their determination to seek their goal had been evident but the lack of personnel and resources on their part could never have compensated for the

Gay Marriage Essay Example for Free

Gay Marriage Essay Gay marriages are a worldwide issue of should it be allowed or not in today’s societies and has been a topic for many years. Gay marriage is a marriage between two people of same sex or gender. There are states and countries that are against just as well as for same sex marriage. It has been a problem about whether same sex couples should be able to marry since 1971. It was later considered it was not legal for same sex marriage and tradition for marriage in the United States has been designed as legal commitment between a man and a woman. However, homosexual relationships are increasingly gaining the interest of acceptance in our country. Vermont was the first state to introduce civil unions in July of 2002, and the first state to legalize same sex marriage without being required to do so by court(Goodnough, A. 2009). Some states have considered a form of commitment called civil union; this is a form of relationship that is somewhat like a marriage (About.com Guide, 2012). Civil unions are legal contracts between partners that are recognized by a state or government as conferring all or some of the rights conferred by marriage, but without the implicit historical and religious meaning associated with the word â€Å"marriage†(About.com Guide, 2012). They are not benefited any of the federal benefits of marriage such as social security. This is still a problem for some religious people in the world today who believe God made Adam and Eve not Adam and Steve. Many politicians have said they are against gay marriage but they leave it up to the states to decide whether or not to support it. Several states have granted limited marriage benefits to gays but call them domestic partnerships. Society talks about how everyone should be treated fairly, because of rights and justice, but do not want to include homosexuals. Well it would be unethical to not allow part of society the right to love someone just  because that person that they love may be of the same sex. Homosexuals are human beings and they do have rights that should not be denied of them because some people think of them as different. Homosexuals love and need love just like others and this is a need. Love is need and a right for all human beings. Rather you are receiving it from a brother, an aunt, or just a neighbor, we as humans desire this only a daily basis. When we deny this by not allowing same sex couples to marry just because the person is of the same sex, this is considered unethical. Deontological ethics argue rights and duties. This would make same sex marriage wrong. Deontology says God does not like homosexuality and that it is not a right, claiming because the bible says this. In this argument, everyone does not believe in the bible and the bible is interpreted in so many, many ways. So this really makes for no real argument. People who are against homosexuality will be for this argument. The arguments against gay marriage are starting to be very weak. One argument is of marriage itself. One may argue that marriage is between a man and a woman. Marriage is a union between two people who love each other and God. This truly makes it hard to believe that it should be legal.Where another may say marriage is between two people who love each other for better or worse. Christians look and see that same sex marriage is against God’s will. A common Christian is to follow the word of God. Some Christians believe that the biblical rules are ancient and these desi res should not be amended. Christian followers said that God commanded that his followers do not engage in homosexual relations. Christians strongly believe that if God say that something is wrong, then it is wrong. Christians should also read on to see that we are all gods’ children and he accepts us for who we are. I thought God created us all as equal. Then there are the people who do not believe in God and they may say that the bible is being interpreted wrong and people believe what they want to believe. They would say who are we to tell someone who they love or marry. Taking away homosexuals right to marry is against the rules. Another argument would be that gays cannot bear children. True, they cannot, but they can contribute to society by allowing children to be raised in a two parent home and children will have a better chance a life. This helps out a lot of children who are orphans or foster kids. Women who cannot  bare children are allowed to adopt and raise children, so why are homosexuals any different. The utilitarianism will say that there is a solution for this. If we can have a marriage between black and white races, why cannot we have a marriage between same sexes? If a marriage is supposed to be between two people who love each other and want to spend the rest of their life together, then what is the problem? In the mind of a Utilitarian no one in the society can see or foretell who shall have a relationship. If same sex marriage or relationships are so wrong give a good reason besides that it is not the norm of religion. Utilitarianism will ask, â€Å"How will same sex marriages hurt anyone†? I do not believe that same sex marriages will harm any adult but what about the children. Since same sex couples are allowed to adopt, there will be other children out there asking questions and wondering why they have two moms or two dads. If everyone is created equal, should this include the gays and lesbians? Telling them that they do not have the right to marry is taking away their human rights. Now is taking away someone humans right wrong? Defense of Marriage Act prohibits federal recognition of same sex marriage and allows states to refuse to recognize such marriages performed in other states. The only states in the U.S. that perform marriages between same sex couples are Connecticut, District of Columbia, Iowa, Massachusetts, New Hampshire, New York and Vermont. In 2001, the Netherlands became the first country to open the civil marriage to same sex couples. Same sex couples are fighting for the right of their human rights and to be treated fairly slowly it is coming around for them. Ethical egoism contrast that homosexuals getting a chance at love by marriage is a privilege, just like it is for anyone else. This is not wrong, it is right. Humans have a right to choose the person they want to spend the rest of their life with, even if this person is of the same sex. When the constitution was made, it not state exceptions for certain rights to certain people, it is to all of society. People choose to be homosexual because they feel as if they were born to be this way and why should anyone try to change that? Homosexual may ask, â€Å"Who are we hurting†? Homosexuals have a right to fight for what is right for them and what they believe should be equally  given to them as humans. If they feel that it is right for them to love a person of the same sex, then let them. They may feel that they are the best fit parents for children these days, because they both can support these children and give them a happy life. At the same time, do not deny them what is rig htfully theirs. Ethical egoism is a homosexual own thought as how same sex marriage is not wrong but right because it does not harm anyone and it is one’s right. Same sex marriage is an ongoing issue because of many reasons. People if today’s society is beginning to realize that it is better to get to know homosexuals and understand them. They are no different from all of us. Homosexuals live and breathe air just like any normal human-being. They should not be told that they cannot marry because the person that they want to marry is not who we think they should be marrying. Homosexuality is a part of the norms these days. If society denies homosexuals the right to get married, then they are defining them of their rights. This issue does not hurt any one person at all. Love is what marriage is all about, whether it is a same sex couple or the opposite sex that is trying to get married. I understand that some people and Christians see this as a sin, but judging is a sin also and who are we to judge. People should not judge a book by its cover, and who saying that my grandma uses, meaning it may look bad on the outside, but when you open it and read it you get a different story. Homosexuals are great to society and should be given the right to marry no matter what. It all boils down to; God is the only one who can really punish them if it is truly wrong to marry the same sex. Maybe legalizing same sex marriage will affect the world or maybe not. Now this seems really ridiculous to me, but you never know. I do see this as an issue with multiplying though. Parents of the same sexuality cannot have children. There are some good argument and some bad arguments when it comes to the issue of legalizing same sex marriages. There will come a day that the world will come up with a decision that will make everyone happy or maybe not. References Mosser, K (2010).Introduction to ethics and social responsibility, San Diego, Bridgepoint Education www.thepublicphilospher.com/humanrights-and-gaymarriage Davidson.edu/commomplace/Christian-ethical-argumentsregarding-same-sex-marriag es www.ashfordlibrary www.balancepolitics.org/samesexmarriage Hansen, V. Ethical Argument for legalizing gay marriage, (2012) Head, T. Marriage and Rights, (2012)

Wuthering Heights Response Essay Example for Free

Wuthering Heights Response Essay Wuthering Heights and The Bell Jar are both novels that were influenced by the authors at two very different times in history, they both contain similarities in the way the themes stereotypes and lack of control affect the main characters. Bronte’s novel is influenced by her upbringing while Plath’s novel is about the media and events at the time of her growing up. It is also more about the events she had witnessed herself making her novel a lot more personal. Lack of control develops in Wuthering Heights due to isolation from others. Lack of control is shown throughout both novels in a vast number of ways depending on the character. Through the female character of Catherine it is shown through emotion like Hindley but also because of the pressure of stereotypes to be a typical Victorian lady. Hindley’s inability to control his emotions means he does not meet the strong male stereotype whereas at the beginning of the novel, Catherine’s ability to take control means she challenges the weak female stereotype. Catherine as a child, we see her in a different light to how we do towards the end of the novel. As a child Catherine is very demanding and challenges the stereotype of a typical Victorian lady. â€Å"she liked exceedingly to act the little mistress; using her hands freely commanding her companions† explains that she was a spoilt young child who her father seem to favour over Hindley who during the novel breaks down after the death of his wife which suggests his loss of control was through emotion, he abandons his son Hareton then turned to alcohol for comfort which backfires on him and his life begins to spiral out of control as he is manipulated and degraded by Heathcliff as an act of revenge who scams Hindley into loosing Wuthering Heights leavin g him with all the control. Catherine is described as acting like a ‘mistress’ meaning she is comfortable in a position with power therefore challenging the weak female stereotype, because of her status as a wealthy female she is able to manipulate and control others around her for example Nelly who always does as she says. Her having control as a child may indicate her precocious nature unlike Esther in the Bell Jar who as a child was brought up around a society in which women were very unequal to men which may have triggered her  lack of confidence and negative attitude further on in the book. Both characters as youngsters fit the ‘weak female stereotype’ however as Catherine grew older she also outgrew this stereotype as she became rebellious like Heathcliff however Esther is influenced by her childhood and carries out this stereotype throughout letting it affect her emotions and decisions in life. â€Å"I saw myself sitting in the crotch of this fig tree, starving to death, just because I couldn’t make up my mind which of the figs I would choose†¦the figs began to wrinkle and go black, and, one by one, they plopped to the ground at my feet† her vision of this ‘fig tree’ represents her lack of control to make choices in her life because she doesn’t have the confidence to pursue her career choices or to move forward in life this conveys that her upbringing around the negative attitude towards women being there to ‘serve their husbands’. The figs represent the opportunities for Esther and she feels they are slowly going away. Bronte may have believed that women were capable to take control just like men because she made her character Catherine a lot more defiant and turbulent compared to Isabella which may indicate that Bronte was trying to show that women could take control just like men. Catherine returns from the Linton’s at Thrushcross Grange changed women, The Lintons changed her from a rebellious young child into an elegant lady and she seems superior to Heathcliffe. â€Å"Why, how very black and cross you look! And how funny and grim!’ suggests a complete contrast in Catherine’s character after her return from the Linton’s, she is losing her individuality and trying to fit in with the others around her. Catherine at this point has a mighty amount of control she has a lot of people looking up for her and could potentially do anything she wanted. She comes across as independent, confident women but in reality the pressure of the stereotype is controlling her behaviour and affecting her relationships. This is similar to Esther in The Bell Jar, Esther follows Doreen’s lead trying to fit in â€Å"After Doreen left, I wondered why I couldnt go the whole way doing what I should any more. This made me sad and tired. Then I wondered why I couldnt go the whole way doing what I shouldnt, the way Doreen did, and this made me even sadder and more tired. This quote shows how Esther is just like Catherine, she cannot think for herself and is influenced by others around her. ‘ the way Doreen did’ suggests Esther is influenced by Doreen’s behaviour of being independent and care free although  she wants to be like this she can’t bring herself to take charge which leads to her breaking down. Catherine decides to marry Edgar for many reasons she knew she couldn’t degrade her status that she already had by marrying Heathcliffe although she loved him ,â€Å"I’ve no more business to marry Edgar Linton than I have to be in heaven; and if the wicked man in there had not brought Heathcliff so low, I shouldn’t have thought of it. It would degrade me to marry Heathcliff now; so he shall never know how I love him; and that, not because he’s handsome, Nelly, but because he’s more myself than I am. Whatever our souls are made of, his and mine are the same† shows that Catherine’s reasons to marry Edgar are not because she loves him but that he can give her the material possessions that Heathcliffe cannot although she does love Heathcliffe and acknowledges that he is her soul mate Hindley’s treatment of Heathcliffe has degraded him and to the point that he is not a suitable match by society’s standards; Edgar is not only suitable but will also elevate Catherine’s status. It is clear that Catherine is superior to Edgar in their relationship, she dominates him and he comes across as the weaker character.

The assumptions and limitations of abnormality

The assumptions and limitations of abnormality Abnormality, as defined by Eysenck and Flanagan (2000), means deviating from what is normal or usual. This definition is straightforward; however, it is not that easy to define normality (conforming to a standard). There are four ways which we can establish standard; the first way is through statistics, which means statistical infrequency. It is the idea that certain behaviours are statistically rare in the population, an example of this is the tendency for someone to have a high level of anxiety (trait anxiety). The mean score, when studied by Spielbergers State-Trait anxiety inventory, is when statistical scores show deviation from those of the majority or normal distribution and they are regarded as abnormal. The second approach is deviation from social norms. It is the impact of an individual behaviour on others. This is when we deviate or fail to respect social norms. Social norms come from values and identify behaviours, any deviation is considered as abnormal. An example is the case study of Sarah, a case of agoraphobia. She was in her mid-thirties, and without warning and without knowing why, she suddenly felt anxious and dizzy while she was shopping in a crowded department store. This happened again when she decided to shopping a few days later. After this she avoided going to the large stores or even smaller ones. Sarah behaviour was abnormal in many ways. (Adapted from J.D. Stirling J.S.E. Hellewell, 1990, Psychopathology, London: Routledge.). A third approach is the failure to function adequately. This is when some individuals fail to cope with day to day life. It can lead to depression, inability to sleep, taking time off from work and lack of motivation. Societies have expectations of how people should behave, and those individuals who cannot meet such obligations are considered as not functioning adequately. The fourth approach is ideal mental health. It relates abnormality to lack of contended existence, and consider it as deviation from ideal mental health. Psychologist Carl Rogers and Abraham Maslow, see self-actualisation as realising ones potential as ideal mental health. Rogers (1959) thinks that receiving unconditional love leads to a healthy psychological development as well as to a high self-esteem and self acceptance. Model in psychopathology is referred to as an explanation of the causes of psychological disorders. First of the four models is medical model (also known as biological model). It is a view of abnormality that sees mental disorders as being caused by genetic and biochemical factors. It is seen as illness or disease. The second view is that of the psychodynamic model. It sees abnormal behaviour as being caused by underlying (hidden and significant) psychological forces of which an individual is probably unaware. The third is the behavioural model. It views abnormal behaviour as maladaptive (poorly adapted). It sees it as learned responses in the environment of which we can replace by more adaptive behaviours. The fourth and last, is the cognitive model. It is a view that stresses the role of cognitive problems, i.e. illogical (unreasonable) or irrational thought processes in abnormal functioning. There are difficulties in defining normality in relation to statistical frequency. In terms of trait anxiety, it is expected to find a normal distribution of that trait within any population. Most people cluster (statistically significant subset) around the mean score whiles just only few individuals scoring very high or very low. A high score on trait anxiety would be considered as abnormal and so equally a low score on trait anxiety would be statistically abnormal. However, a low susceptibility (tendency to be affected) to anxiety hardly indicates clinical abnormality, rather, it is quite desirable. Statistical abnormality does not permit us to identify what behaviour requires treatment. It overlooks the important issue of desirability. Some statistically abnormal behaviour is undesirable, i.e. high trait of anxiety, whereas other statistically abnormal behaviour is quite desirable, such as low anxiety or genius. There is also a problem in deciding how much behaviour must deviate from the norm in other to be considered normal, an example is height. The same standard or norms may not apply to people in different age groups or different cultures. In terms of anxiety, what is normal for adults is not normal for children. Also, what is normal in one country may not be normal behaviour in another country. The numbers of problems associated with deviating from social norms are large. First, it is related to moral standard that is subjectively (opinions or feelings) defined by a society, and it changes over time. An example is Britain, where until recently it was not acceptable to have a child out of marriage. Another example is Russia, where in the 20th century; individuals opposed to the communist government were called dissidents (somebody who disagrees with an established political or religious system or organisation). Their attitudes were considered as symptoms of mental disorder, and were locked up in mental hospitals. Szasz (1960) suggested that the concept of mental is a myth (nonexistent), used by the state as means of control. The second problem is that social deviance is defined by the context in which behaviour occurs. Hence if you see someone wearing few clothes it would be acceptable on a beach but not in the high street. Cultural context is also important. For example, the Kwakiutl Indians engage in a ceremony in which they burn valuable blankets. But if someone in our society deliberately set fire on his or her valuable possessions they would be regarded very odd or mentally ill (Gleitman, 1986). People derive much of their pleasure in life from their interactions with other people. As a result, they find it important for a contented existence to avoid behaving in socially deviant ways that upset others. The main problem of the failure to function approach is that not all people who experience mental disorder are aware of their failure to function. For example, Schizophrenics often deny that they have problem. In cases like that, the problem is distressing to others, therefore others may judge that the individual is not functioning adequately and so may seek help on their behalf. It is easy to assess dysfunctional behaviour, such as using absenteeism (frequent absence) from work or number of rows with the spouse, as measures of the level of functioning. This approach is moderately tied to the social deviancy approach because it involves decisions about what is or is not acceptable. Failure to function has the advantage of recognising the subjective experience of the individual. However, such judgements are made by others and are influenced by social and cultural beliefs and biases. The advantage of ideal mental health approach is that it focuses on positive characteristics. On health rather than illness. However, the criteria used in assessing health (self-actualisation), are hard to define. They are abstract ideals and are related to our culture. Some societies dont feel that these are the ultimate aims for psychological health. They collectively strive for the good of the community. The second problem is the difficulty in measuring them. Health concept works well with respect to physical conditions because of the signs. The medical model is positive and clearly successful in some psychological conditions. An example is the condition Phenylketonuria (PKU), which is a cause of mental retardation, and it can be easily and effectively treated by physical means. This is an individual born with an inability to process the amino acid Phenylalanine. It is preventable if it is detected early. The medical model approach has the merit of being based on well-established sciences (medicine and biochemistry). Most mental disorders are caused by genetic factors, and drug therapies have often proved effective, either in treating the illness or reducing the symptoms. On the negative side, there is only a loose comparison between physical and mental illness. It is easier to establish the causes of most physical illnesses than mental ones, and the symptoms of mental disorders are more subjective than those of physical illnesses. It tells us little about the origin of Phobias. There is difficulty knowing whether any biological difference between individuals with a mental disorder and those without such disorder is a by-product of the disorder, rather than a direct cause. It has also being criticised for focusing too much on symptoms, and not enough on the patients experiences and internal processes. The role of psychological and social factor in explaining mental disorders is ignored. The application of medical principles is inappropriate if the symptoms of mental disorders (such as anxiety and isolation) are in psychological and social terms.

affirmative action Essay -- essays research papers

Affirmative Action Affirmative Action, policies used in the United States to increase opportunities for minorities by favoring them in hiring and promotion, college admissions, and the awarding of government contracts. Depending upon the situation, â€Å"minorities† might include any underrepresented group, especially one defined by race, ethnicity, or gender. Generally, affirmative action has been undertaken by governments, businesses, or educational institutions to remedy the effects of past discrimination against a group, whether by a specific entity, such as a corporation, or by society as a whole. According to the Merriam-Webster New World Dictionary, Affirmative Action is defined as an active effort to improve the employment or educational opportunities of members of minority groups or women. To put that definition in English, it means a program designed to help either minorities or women achieve equal rights, as with the rest of the population. In this case, the minorities are being discussed, or to be less broad, the African Americans. â€Å"I have a dream today.† This is a famous quote by one of histories most famous and influential civil rights activists of all time, Dr. Martin Luther King Jr. Being a civil rights activist, Dr. King wanted nothing more than for his people, the African Americans, to have equality. In the effort to gain equality, there were four steps he took. The first step was the collection of facts. In other words, this meant that they would identify t...

Blackberry Winter :: essays research papers

Blackberry Winter   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Robert Penn Warren’s â€Å"Blackberry Winter† is the story of one young boy’s sudden and painfully realistic venture from behind the blissful cloak of childhood innocence into the more brutal reality of the world. Warren captures this transition through the eyes of the young and happily naà ¯ve Middle Tennessee farm boy, Seth. When the story begins, the nine year old Seth is lingering on the very edge of his innocence, but is undoubtedly still in the throws of the methodical and simple life that only a child can truly have. Before that fateful day when the unusual stranger appeared so suddenly and seemingly out of nowhere, Seth led the secure and rhythmic life that comes with both ignorance and innocence. Seth having never left or even given much thought to life outside his small farm community, he had been sheltered from the true evils of the world. He had no concept of time or change, and had never needed one. That day, and that stranger, f orced him to become aware of things that were beyond his control and even made him question the very things that he had always held as the gospel truth.   Ã‚  Ã‚  Ã‚  Ã‚  A child’s coming of age is a universal and inevitable transition that Seth does not foresee or even expect, and until looking back on it almost thirty-five years later, he does not realize the true significance of his passage. That day Seth’s very foundations were rocked as his eyes were opened to the world and its ways. When the story begins Seth’s transition has already begun to take place, and the smooth and repetitive rhythm of his life that has always brought him so much comfort slowly begins to crumble. Even such a small and seemingly insignificant thing as not being allowed to go outside in June without shoes, something which he has always been able to do, puzzles and confuses Seth. The appearance of the odd and out of place stranger even further fascinates and bewilders the small boy. Seth’s world begins to spin even faster and stranger as he sees Dellie, a woman that he has always thought he knew so well and even refers to her as being methodical as a machine, violently strikes her son as he has never seen her do and later as Old Jebb questions Seth’s mother’s very words. Until that day, Seth has never considered the fact that things would ever any different than they always had been.

The impact of Queen Victorias Death on Australia :: essays research papers fc

Queen Victoria’s Death Queen Victoria’s reign, lasted 63 years, from 1837 to 1901. She ascended the throne of Great Britain, when she was 18. Despite being the Queen of Britain, and a very influential and prominent person, she also had an impact on Australian history. In Australia the most apparent legacy of Queen Victoria’s reign is manifested in the names of the two states, Victoria and Queensland. There are also a large number of other important buildings and places, named in her honor such as, the Queen Victoria Building, in Sydney. Victoria was loved and respected by her subjects, and Australian society at the time was affected greatly by the loss of their beloved Queen. An example of the affection and grief felt by the Australian people is apparent in the following poem, written by J D Horne of Castlemaine, Victoria. â€Å"Who can recall to memory the life Of one so loved, so dear — A devoted mother, Queen and wife A friend when few drew near — And not in silent agony Be melted into tears. A nation weeps her, The whole world mourns her... Dead, did I say? Ah! No! She lives In every loving heart. A nation’s grief is not assuaged – No time can heal the smart. She lives forever, and her deeds Will live in memory too, And history recount her praise For all the ages through. For never monarch lived on earth So worthy of our song...†   Ã‚  Ã‚  Ã‚  Ã‚  The Victorian era, as it became known, was the time of Queen Victoria’s reign. Victoria’s death signaled the end of an era. It was a rich and significant period in Britain, which had a positive influence on Australia also. It saw profound social changes culminating in the rise of the middle class, population growth, and an increase in wealth. Victoria was Queen and so it was seen as a product of her reign and so the love for her increased. Victoria’s death created a feeling of insecurity and uncertainty of what would result. However, it also created the feeling of opportunity and a new beginning. â€Å"There was a sense not only in London but in all the capitals of the world that an age had come to an end, a stronger sense than there had been when the 19th century itself drew to a close.† (1).   Ã‚  Ã‚  Ã‚  Ã‚   There were mixed feelings with the end of Victoria’s reign. At the time Australian culture still revolved around Britain and most Australian’s were either born in Britain, or had relatives residing there.

Proving King Lear Is a Tragedy Essay

A drama or literary work in which the main character is brought to ruin or suffers extreme sorrow, especially as a consequence of a tragic flaw, moral weakness, or inability to cope with unfavorable circumstances. A flaw in the character of the protagonist of a tragedy that brings the protagonist to ruin or sorrow. a great or virtuous character in a dramatic tragedy who is destined for downfall, suffering, or defeat: King Lear is a perfect example of a tragedy. In a typical tragedy, the main character, or tragic hero, is brought to suffer some extreme sorrow, because of a tragic flaw he possesses. King Lear, the tragic hero, carries the tragic flaw of vanity, which causes his downfall. His demise begins with him believing his two insincere older daughters, Goneril and Regan, tell him that they love him more than anything, and casts out his youngest daughter, Cordelia, who truthfully tells him, â€Å"I love your majesty according to my bond; nor more nor less† (Shakespeare 4). Lear is too arrogant to see that Cordelia is the daughter that truly loves him and throws out anyone close enough to tell him his mistake. As the plot progresses, Lear realizes Goneril and Regan have betrayed him and Cordelia did truly love him, but still refuses to return to Cordelia begging for forgiveness. At this point, Lear is mad, but Cordelia wants to nurse him back to health. Cordelia dies and later Lear dies of grief all because of his vanity.

Evaluate a Significant Experience, Achievement, Risk You Have Taken, or Ethical Dilemma You Have Faced and Its Impact on You

I would like to spread abroad you about an achievement that had impact on me, is learning face language. I that that would be easy only when I pass judgment that is very hard to learn a saucy language, learning English doed me a lot. I goat catch conk out movies, songs even people dealing in English, and knowing this language is going to swear out me to reach a give way facts of liveliness in university, and in English work I make a recent friends. promptly I gouge understand much more English. Knowing English helped me a lot, now when I match movies I understand better than before. similarly songs that I listen I can understand what the singer is trying to differentiate. When I travel with my p bents in a divers(prenominal) state that dont speak Albanian I can let loose with people in English and it help me a lot. A lot of my cousins keep studies in other countries and I forever and a day wanted to go external of Kosovo to study. Now that I can learn in Eng lish I also can go somewhere else. Or I can stay in Kosovo but study in a American University and someday I forget have a chance to go outside the state for masters. I can do this thank to English short letter.In that course I also made young friends, some of them maybe where going to be in same University so when I go in university I will have friends from Peja. And that will help me in first days in university where Im going to be in totally newfound city and my life will change. My life change a lot when I well-educated English, which made me possible to understand better, to have a chance to get a better education, also during that time that I learned English I made new friends. So all those change are because I learned a new language which I can say was hard but had a well-favored value.

History of IKEA Essay

Ingvar Kamprad founded IKEA in 1943. The differentiate IKEA is formed from Kamprads initials (I.K.) plus the commencement letter of Elmtaryd (E) and Agunnaryd (A), the farm and colonisation where he grew up (1). IKEA before sold pens, w every last(predicate)ets, picture frames, t able-bodied runners, watches, and jewelry and nylon stockings. cognise today for its furniture, IKEA did non start furniture gross revenue until 1948. Kamprad saw opportunities for selling furniture on a large scale, distributing the first catalogue in 1951. In 1955, in the midst of a fierce charge war with a competitor, Kamprad took his smart set a measure further by opening the first repositing visual aspectroom. The concept behind this was that customers could now touch and olfactory property at IKEA home furnishings before they purchased, showing that character did non endure to be sacrificed for lower termss. With this creation a success, Kamprad opened the first hive onward in Almhult , Sweden in 1958. At its opening, the 6,700-meter repositing was the largest home furnishings ancestry in S erectdinavia (1). Kamprad retired as IKEA Groups chairperson in 1986, with Anders Moberg becoming his successor.This brought about many other changes for IKEA. Starting in 1990, IKEA took interest in corporeal social responsibility (1). The IKEA Group developed an environmental policy that would ensure the union and its co- wrenchers control environmental responsibility for all activities conducted within its personal credit line. Since then, they turn in buzz off more(prenominal) energy efficient by generating their feature renewable energy. They to a fault work with their suppliers to inspire them to do the same. One example of this is each of their facilities is fully equipt with solar panels on the roof. They oerly take into shape where and how they get their raw materials. Raw materials about of import to the profession and those that gravel the highest potential environmental or social impact ar timberland, cotton, palm oil, leather and food (3). Taking wood, they argon continually looking at for delegacys to get the most out of the wood they use by ruleing their products to minimize the get along of material take ined and increasing the efficiency of manufacturing. They also only use wood that comes from responsibly managed forests in an ride to safeguard wood supplies to protect the succeeding(a) of their condescension, prevent deforestation, and to support the livelihoods of those communities.In order to collide with sure these efforts come about IKEA hired a fulltime forestry conductor to determine sustainable use of forest resources (3). Upon Anders Moberg leave IKEA in 1999, Anders Dahlvig became the President and CEO of the IKEA Group. This brought about more changes for the company by writing out a Code of Conduct. This code of conduct called The IKEA Way on Purchasing Home Furnishing Products (IWAY) defines what suppliers can expect from IKEA and specifies what IKEA expects from its suppliers in terms of legal requirements, working conditions, active bar of child labor, external environment and forestry management (1). In addition, IKEA also introduced The IKEA Way on Preventing Child labor in order to ensure that their suppliers and their sub-contractors use no child labor (1). IKEA has grown rapidly since its founding. As of August 31, 2012, the IKEA Group has operations in 44 countries, including 30 service-trading offices in 25 countries. They also take a leak 33 scattering centers and 11 customer distribution centers.The IKEA Group had 298 stores in 26 countries. They employ 139,000 co-workers, 99,000 in Europe, 18,000 in North America, 11,000 in Asia and Australia, and 11,000 in Russia. They conduct out over 212 million catalogues, which has increased their rear end transaction into the retail setting to 776 million ensures. As technology use increases, so has their inte rnet and app traffic with 1.1 billion visits to their website and over 5.7 million app downloads. With these increasing numbers, they pick out been able to open another 18 stores most the world in 2012 (5). IKEAs vision and dividing line statement paraphrased is to provide quality furniture products at a low price for all. Their product has endlessly been furniture and over the past few years, they have grown to a company that is well cognize among all ranges of income from, broke college students to wealthy senior executives of companies. They do provide quality products whose function and style partake all other products in their industry. With those rival products, they also have prices that are lower than any of their competitors can afford to rival.How do they do it? IKEA is a in truth approach conscience company, where other companies will dribble large sums of m whizzy on employee accommodations, IKEA does not. They tell of an shell where employees were at a confere nce and instead of compensable for them to stay in the one and only hotel in town, an overpriced Marriot, they had their employees sleep in their cars (6). They have lately adopted a new energy deliver method for each of their stores, both bettering the atmosphere as well as shimmy energy costs. This psyche of economy, though extreme, has allowed the company to build a business into an industry leader in quality and price that most companies are not able to touch, base on their spending habits. This has been the mentality of the company social organisation since day one. Kamprad grew up in a farm-based village where people were not used to having quality products at an affordable price. From this, he developed the mentality and business structure that continues. The company has grown immensely imputable to their overall understanding of cost cutting and upstanding customer needs.The companies culture, as listed above, is all about saving money to provide a better company and product to the customer. One example of this is Kamprad had made company employees sleep in cars on a business trip. Having not talked to an employee that was forced to sleep in their car, as opposed to a Marriot hotel bed, I cannot say how they step toward the company. That being said, I could make two inferences. The first is that the employees were upset. They should be provided with the basic essentials of life when on a business trip and the company should be able and willing to provide that. My second inference would be that these employees made this decision for themselves as well as the company, for the overall benefit of the company. The company pushs that that they share determine for each employee. They ask for a remarkable employee and they advertise that they are not filling jobs but rather collaborating with people based on shared eccentric set.They compose and suggest these foursome-shared values as further a start to their list of shared values One in conce rtness, two cost-consciousness, three respect, four simplicity. With those, four shared values maybe being their foundations, it would be easy to say that all employees, if truly put time and effort into these values, are happy to work together in a uniform effort to save money as well as re primary(prenominal) simple and respect one another. This would stand for that they all are happy to work together in a situation that is best for everyone, as well as the company. IKEA is an industry leader when it comes to cutting costs and providing quality furniture at a price for everyone. In the market place, they have established themselves with their main competitive advantage to be price. They have done this in a way that most companies are not willing or would be too difficult for companies to rebuild their business exercise and thus they are an industry leader.IKEA has established their selling strategy as a furniture store that provides its customers with stylish furniture at an affordable price. Its pass Ingvar Kamprad instilled this strategy/mindset of the company. Mr. Kamprads mission for IKEA is to tour a wide range of home furnishing items of safe(p) design and function, at prices so low that the legal age of people can afford to buy them. Therefore, IKEAs focus is finding ways to lower prices however still maintain the quality product they have been delivering, to its customers, for 70 years. This is their competitive advantage. IKEA maintains their competitive advantage by operating outside the practices of the conventional furniture supplier. A typical furniture store has an open show floor, where customers can peruse at their own leisure. IKEA steers away from this by designing its store in a trail pattern. This forces the buyer to proceed to the entire store and possibly find items they might not had think on purchasing.Another thing IKEA does differently is, instead of providing delivery for every purchase, IKEA provides means of attaching containers on a customers car. This allows them to be able to take the furniture home the same day that they purchased it (7). The containers are usually pods that strap onto the top of a car. wherefore the customer takes it home and brings it back upon their next visit to IKEA. In addition, IKEA requires more of its customers than classic furniture stores. IKEA does not offer pre- conform tod furniture. IKEAs furniture is easy to assemble furniture that customers can take home and right away put together (7). They take pride in the simplicity of their designed assembly. They also will not place a cumbersome item that would need to be assembled in the store because it is neither cost effective nor customer friendly (7). IKEAs main strength comes from their value chain. Unique design capabilities, unique sourcing, and tightly controlled logisticsthey are able to produce products that are distinctive enough to provide market recognition, secure sourcing for long runs at profitable l evels, and reduce memorial costs through regional warehouses which work intimately with stores (4).Meaning, IKEA is in complete control from furniture design to furniture delivery and storage. IKEAs main weakness, one could assume, would be the large operation that it is. IKEA now inclines in 29 different countries with over 2,000 suppliers in over 50 countries. With the large span of products and countries involved, maintaining control and chat will pose as one of IKEAs biggest issues. The biggest challenge IKEA is facing would be wood. IKEA consumes 1% of contribute commercial wood, which amounts to over 13.5 million cubic meters (8). With all this considered, IKEA is launching a new campaign to operate in a more economic-friendly way by only processing wood that has been FSC certified. They are late incorporating new policies and plan to be forest plus by 2020 however, missed their 2012 goal of using 35% of their wood from FSC certified wood mainly because accord to IKEA s CSO Steve Howard, only 7% of the worlds forest areas are currently certified to FSC standards (8).However, IKEA is not only meeting obstacles from the environment, certain countries bureaucratic powers are causing some difficulty for further proficiency in the country. China is one of these countries. The Chinese political sympathies is imposing harsh restrictions on its real terra firma market, which has caused stores to close (9). IKEA continues to grow every year by saving money at their current locations through energy saving building and using renewable resources. With their corporate responsibility programs, they continue lead the way in their industry. They also continue to work toward a better future for children all over the world through their Child Labor initiatives. As they continue to keep costs down, they will continue to puff all over the world.Works Cited1. About IKEA. History. N.p., n.d. Web. 10 Feb. 2013.2. Facts &Figures. Inter IKEA Systems B.V. N.p., Oct. 2 012. Web. 16 Feb. 2013. 3. Canada, Newswire. IKEA Group releases 2011 Sustainability Report. Canada Newswire 15 Feb. 2012 regional Business News. Web. 16 Feb. 2013. 4. Grol, Paul, Christopher Schoch, and Michel Roger. Culture as a Competitive Advantage. Efbl.org. N.p., 16 Dec. 2010. Web. 13 Feb. 2013. 5. IKEA Group get up Analysis. IKEA Group SWOT Analysis (2012) 1-8. Business point of reference Complete. Web. 16 Feb. 2013. 6. Lewis, Elen. Chapter 2 Ingvar Kamprad The Grand Designer. GBS Great IKEA. 28-45. n.p. marshall Cavendish Limited, 2004.Business Source Complete. Web. 16 Feb. 2013. 7. The IKEAConcept. Inter IKEA Systems B.V. N.p., Oct. 2012. Web. 16 Feb. 2013. 8. Kelly, Annie. IKEA to Go forest Positive but Serious Challenges brood Ahead. The Guardian. Guardian News and Media, 14 Dec. 2012. Web. 16 Feb. 2013. 9.WantChinaTimes.com. WantChinaTimes.com. N.p., n.d. Web. 16 Feb. 2013.

Convergence-towards-ifrs-in-malaysia-issues-challenges-and-opportunities Essay

In the stratum 2008 the past Malayan tosh streamer jump ons (MASB) president, Dato Zainal Abidin Putih, de n one and only(a) that Malaysia volition be converging with outside(prenominal) explanation sample posting (IASB)s initiation-wide fiscal as accredited specimen (Ifederal official). From that catamenia onwardhand more initiatives were lie up by MASB and the Malayan fit(p) up of Accountants (MIA) in crop to educate, jibe and inform each the germane(predicate) stakeh experienters in in tandem with fast-flying feeler deadline to converge, which is for the earlier socio-economic class-end m superstartary advertiseage go out, 31 declination 2012.On 19 November 2011, MASB let ond the trio account didactics manakin to be use in Malaysia and this spic-and-span accountancy cloth that is Ifederal official- tractable is dubbed as Malayan fiscal inform Standards poser (Mfederal official). The proceeds of MRFS is snappy to constitut e and resurrect the Malayan trustworthyness and in both case it be get downs a lusty guidepost for wholly entities that be administered by Securities de prescribeation of Malaysia and the crossroad nonplus on or aft(prenominal) 1 January 2012.Historic wholey, Malayan business relationship beats fix evermore al intimately followed the designer world(prenominal) write up Standards (IAS) and the live IFRS. This is collectible(p) to the sm every last(predicate) town bring to passance on Malaysia, where Malaysia was a British colonization up to the social class 1957 and m both an(prenominal) of the be frame system stock(a)s employ in the join estate has of solely time view as its mien to be learn by the Malayan example decideters administration and regulators.As Mohammad Faiz Azmi utter in fabrications that the Malayan story of intersection has been a loosen up and sweetheart climb up and this phased-in admission steady though gradual is pass judgment to put Malayan entities in a get around office staffing as the problems and argufys assemble around by Malayan companies atomic number 18 distant lots reduce comp bed to a nonher(prenominal)wise countries that take the un fitted hit the sack approach, for physical exercise the atomic number 16 Koreans, where the score standard setters and regulators in southeastward Korea agree on rich bridal of IFRS (Nazatul Izma, 2009 Suh, 2011) explanation FRAMEWORKS IN MALAYSIAshortly Malayan entities be case to uncouth chord sets of chronicle materials, the for the archetypical time invoice role model is the oldish fiscal describe Standards good model (FRS), a hardlyting is the hugger-mugger Entity inform Standards manakin (PERS) and in the long run the Malaysian fiscal inform Standards textile (MFRS). every in all these 3 mannikins ar legitimately bay windowonic examples by MASB and bottom of the inning be ut ilise by entities in Malaysia scarce vitrinesetters case to the type of entity. The terzetto types of modellings argon outlined and discussed below.MFRS poser is to be primary(prenominal)tain by all entities other than snobby entities for yearly bounds seed on or by and by 1 January 2012. hole-and-corner(a) entities argon orphic companies which atomic number 18 collective low the Companies take on 1965, that be non itself call for to ordain or stick to whatsoever fiscal statements low whatsoever police force administered by the Securities delegating Malaysia or buzzword Negara Malaysia. chthonicground entities ar as well as non subsidiaries or associates of or conjointly controlled by an entity which is un rid of up to(p) to betray water or night club any pecuniary statements chthonian any rightfulness administered by the securities relegating Malaysia or verify Negara Malaysia. tho Transitioning Entities ar excluded from makeing MF RS and these Transitioning Entities ar entities that be in the mountain chain of MFRS 141 for husbandry (equivalent to IAS 41) and IC explanation 15 for agreement for body structure of historical kingdom, (equivalent to supra bailiwick fiscal reportage indications military commission (IFRIC) 15) including its p atomic number 18nt, true investor and venture. These Transitioning Entities latch on an pickax to e very(prenominal) fo below the MFRS textile or the old FRS manakin, tho this supplyance is however drop outed for one year, as these Transitioning Entities pauperism to contri simplye the MFRS fashion model by page 43 supranational journal of Business, economic science and Law, Vol. 1 ISSN 2289-1552 2012 one-year designs setoff on or subsequently(prenominal) 1 January 2013 at the up-to-the-minute (Nazatul Izma, 2009 KPMG, 2011 Accountants now 2012 Ganespathy, 2012 Jebaratnam, 2012). PERS manikin is to be utilise specifiedly by hush-hush e ntities hardly these mysterious entities own an extract to befool MFRS modeling for yearbook periods etymon on or subsequentlywards 1 January 2012.If the confidential entities choose to mechanism MFRS modeling and these entities ar in the electron orbit of MFRS 141 for market-gardening (equivalent to IAS 41) and IC Interpretation 15 for treaty for bend of sincere nation, (equivalent to IFRIC 15), in that locationof know as Transitioning Entities, they establish the choice to either habituate MFRS poser or FRS manakin, hardly these independence is relevant up to 31 declination 2012, as these entities contract to hark back to MFRS fashion model for one-year periods scratch on or later 1 January 2013 (Accountants Today, 2012Jebaratnam, 2012). FRS simulation which is the Malaysian displacement of IAS, which has been the main accounting standards role model for nonprivate entities before the admission of MFRS framework underside be use sole(pre nominal) by Transitioning Entities, and as give tongue to earlier, such(prenominal) entities emergency to reverse to MFRS framework for yearly periods commencement exercise on or aft(prenominal) 1 January 2013 (Accountants Today, 2012 Jebaratnam, 2012) ISSUES AND CHALLENGES IN proficient toleration OF IFRS IN MALAYSIAMFRS 1 covers make loves pertaining to First-Time acceptance of Malaysian fiscal inform Standards and the inflection get a line express in MFRS 1 is the commence of the soonest period for which an entity stupefys a practiced relative teaching under MFRSs in its first MFRS found statements. undermentioned the solicitment of MFRS 1, MFRS one hundred one on entry of monetary lines requires coverage entities to constitute lead contentions of monetary smudge and both Statement of comp Income, Statements of Changes in lawfulness and Statement of bullion Flows each.MFRS in like expression dictates that entities deal to lay statement o f pecuniary position as at the get down of the proportional monetary year, indeed inform entities requires their pecuniary statements to be prompt ground on the requirement of MFRS from the pecuniary year counterbalance on and afterward 1 January 2010, or contraryly be very overcautious to make backward restatements and/or class items in all the pecuniary statements and notes to accounts and the transformation date would be on or after 1 January 2011.The hope is that the entities ar able to pitch MFRS compliant pecuniary statements come the year-end fiscal coverage on 31 celestial latitude 2012, which may require an issue, if these entities atomic number 18 not MFRS pass water (Accountants Today, 2012). other challenge for ripe acceptation of IFRS in Malaysia is that under MFRS 1, whenever the cost of combineing with MFRS exceeds the benefits to the users of monetary statements and in like manner if retrospective applications programme would symb olise that sound judgment by vigilance of a know exercise is required, IASB would pass on exemptions and whence this would discombobulate unlevel performing field of view amongst non-private entities in Malaysia that be vatical to apply MFRS framework as the quantity for good- betrothal.To run across that the coverage entities in Malaysia argon MFRS compliant, these entities should perform a comprehensive, innate and diminutive interrogative sentence of the specifydness of their entity in sightly MFRS accord to obviate any probe by the function callable to non-compliance after the bedeck period for dependable credence is over.If Malaysia ends up press clipping its MFRS as a lap framework that discount be qualified to fit the topical anaesthetic conditions and not a one sur pose fits all set of standards, because a panoptic espousal forces countries to declivity their sovereignty, past Malaysia go forthing make water solid issues and leave behind face difficulties to be endorsed as a state that compliances to profuse IFRS acceptance (Nazatul Izma, 2009). simply as it is evident, MFRS 141 and IC 15 for Transitioning Entities is an exclusion inclined to such entities to comply to unsp crudet IFRS acceptation by reverting to MFRS framework for annual periods number one on or after 1 January 2013. blush though the IAS 41 trust that honorable c atomic number 18 for laughingstock be thrifty for biologic additions was an issue, plumish this configuration of issues should be communicated understandably to the practitioners and this is where the program line and provision of the practitioners is fundamental for a boffo broad(a) bankers acceptance of IFRS. For example MFRS 141 (IAS 41) dissonance with IASB pick up to be solo make rive to the Malaysian practitioners, as IASB presently name hold to espy touch oil guide as a non watercourse asset and not as an p arntage (Nazatul Izma, 2009) . unrivaled of the just about common perceived profits of convergency to IFRS is the orifice of increase foreign transfer coronation (FDI) (Gardiner, 2000 Christiansen, 2002), but as of 2010, report on the roughly gentle FDI destinations, the worlds mettle whatsoeverest FDI receivers are China, joined States of the States and India, of which no(prenominal) necessitate converged to IFRS. Therefore, the legal opinion that IFRS point of intersection volition attract FDI is not valid, and this so called advantage cannot be utilize to tempt countries to borrow IFRS for monetary describe of their entities.IFRSs for SME is most other source to contrive on the real plausibleness of good word sense of IFRS. If MASB chooses to adopt IFRS for SMEs to convert PERS, than we departing know few other transformation of weaken IFRS as a framework inside the Malaysia accounting scenario. Dr large(p) of Minnesota Pacter, the circuit board penis and chairman of the S ME execution of instrument group, mentioned that some topics in the IFRS were omitted from the IFRS for SMEs, callable to its irrelevance and in like manner payable to the circumstance that the thin recital go away be a simpler option for the SMEs to apply (Nazatul Izma, 2010).The IFRS for SMEs were simplify on the erudition and measurement and the disclosures were excessively reduced. Brian Blood, the chief executive director director of coalition of Asian and peaceful Accountants (CAPA) mentioned that the IFRS for SMEs were certain to help oneself SMEs to grind forth and present high tint and by the way financial statements and information. other benefits of SMEs applying the IFRS for SMEs are that the financial reporting is do in a tenacious manner and not too high-priced to prepare (Nazatul Izma, 2010).Having say all that, the particular is that on that point is a different set of IFRS for SMEs, wherefore, it does not allow for enough adoption, but by chance just a unpolluted convergence. pile Sylph, the executive director, schoolmaster Standards and foreign relations of transnational confederation of Accountants (IFAC) in a forum in 2012, strongly advocated that national accounting standard setters political science and regulators should start away from the mere apprehension of convergence to a more level-headed impression of upright-adoption. paginate 44 planetary journal of Business, economic science and Law, Vol. 1 ISSN 2289-1552 2012Mohammad Faiz Azmi, MASB chairman, indicated that Malaysia volition not require the IFRS for SMEs to avoid an underconverged adjustment utilise by SMEs due to the inadequacy of merciful resources to implement sweet IFRS base regulations thitherfore MASB is pacify changeful about how scarcely they should deal with the issue think to SME and IFRS (Nazatul Izma, 2010) MASB unitedly with MIA go out have to attend into the issue of the deftness of the Malaysian upbr inging system to make passable ingenious accountants that are IFRS savvy, as a full IFRS adoption can be heavy and the human being capital request to be created to assemble this need.Mohammad Faiz Azmi mentioned that MASB is working with enforcers to indemnify the monetary reportage work out (1997) to allow reservation amendments to accounting standards in Malaysia if there are any whole issues that MASB disagrees with IASB (Nazatul Izma, 2009). This over again will give some stead for MASB for not to adopt the full adoption of IFRS as there will be some accomplishable street to make changes in the IFRS provided by IASB.Companies motivate 1965 and monetary reporting performance 1997 are the twain most grave acts pertaining financial statements reporting in Malaysia. The directors are hypothetic to be responsible for the formulation and foundation of a true and fair set of financial statements of reporting entities and these directors should be sensitive and be sure that their entities are IFRS ready.