Budget Planning and Control Assignment Example | Topics and Well Written Essays - 500 words

Budget Planning and Control - Assignment Example Budgets are highly important in obtaining debts from the financial institutions. Banks and trade creditors usually examine the financial stability of the company to ensure that their debts are well secured by the assets of the company. Effective budgets reflect the plans and cash flows of the company that makes it easier for the creditors to decide whether or not to grant debts (Kemp, 2003). Effective budgets assist the management in determining the costs with accuracy. If the company determines the costs and expenses in advance, it will help them in making pricing decisions and in implementing the cost control policy. Thus it is necessary to prepare effective budgets in order to establish strategies that are important in highly competitive markets. 1. Nordstrom should decide on budget committee and the participants that should be involved in the budget setting process. Participation of managers is essential to consider their point of view while establishing budgets. 8. Review the performance on a timely basis and determine any variation in actual results about budget. Investigate the problem and reasons behind the variation to resolve the matter on efficiently (Shapiro, 2008). An important aspect of budget management is employee participation. Managers of individual departments should be informed on regular basis about any updates and alterations made in the budgets. By getting regular updates, it will become easier for the managers to implement the budgets and changes on a timely basis. Another advantage of the employee participation is that it motivates the employees and create the sense of ownership among them (Donovan, 2005). For long-term and effective implementation of budgets, it is necessary to keep track of resources to determine whether or not they are sufficient to fulfill future needs. In case of lack of resources or destruction of resources, budgets should be altered in such a way

Office Information System Essay Example | Topics and Well Written Essays - 1000 words

Office Information System - Essay Example Management information system is indispensable for an effective management of an organization as it enhances the mode of communication among the workers, distributes work materials throughout the organization, maintains the aggregated information for process and future reference, improves the cost-effectiveness by replacing the time consuming manual activities, and others. Altogether management information system provides the right direction for an organization to achieve its strategic goals (Laudon & Laudon, 2006). The office is the most imperative part of a business organization as it deals with fundamental operations of the business like preparing documents, maintaining the accounts and payroll details, performing complex computations, responding to the service request, dealing with complaints, verification of details, planning and scheduling various business activities and many more. This office maintains the entire state of a business. For a successful business organization, an enhanced office environment facilitated with excellent communication functionalities among its employees is very important which is in turn capable of improving their productivity. Here is where office information system renders a major helping hand. Office information system includes a wide variety of computer hardware and software architectures forming a network to accomplish the routine tasks and goals of a business organization. It facilitates in generating all types of documents with the help of text processors, stores those documents and retrieves them whenever needed with the help of electronic document management systems, disseminates messages and intimations to the employees with the help of electronic message communication systems and schedules timely interaction between the various hierarchical levels of the business organization.

Analyse the key developments in social accounting and discuss the Essay

Analyse the key developments in social accounting and discuss the extent to which you agree with the academic criticism of these developments - Essay Example Typically, social accounting stresses the idea of corporate accountability and has been defined in this context as an approach to reporting of the activities of a firm that stresses on identifying socially appropriate behavior, acknowledging the people to whom the company is answerable for its performance socially and development of suitable measures as well as reporting methods. It is a significant step towards assisting companies to develop autonomously CSR initiatives that have demonstrated to have more effectiveness compared to those that have been mandated by the government (Crane and Matten, 2007, p. 170). In most cases, social accounting is a collective term that is employed in describing a wide field of practice and research so the usage of narrower terms in the expression of particular interests is therefore not uncommon. For instance, environmental account may particularly denote the research or practices of accounting for the effects of an organization on the natural environment. On the other hand, sustainability accounting is employed in the expression of quantitative analysis and measuring of economic and social sustainability (Thomas and Lamm, 2015, p. 191). J R Hicks originally introduced the phrase social accounting into the field of economics in 1942 and he defined it as nothing else apart from accounting for the entire community or nation in the same manner that private accounting refers to accounting for one organization. According to Hicks, social accounting can also be referred to as national income accounting and is a means of presenting the inter-connections between various sectors of the economy in a statistical manner for a comprehensive understanding of the economic environment of the environment. It is an approach that can be used to study the structure of economic bodies and can be used as a means of presenting information concerning nature of the economy with the

Shakespeare othello Essay Example | Topics and Well Written Essays - 1250 words

Shakespeare othello - Essay Example He is a manipulator and vicious and desires for the demise of Othello by evoking jealousy in his mind against his wife Desdemona. Othello is a gentleman while Lago is a vicious character who succeeds in destroying the life of Othello and his wife through his malicious nature. Analysis of relationship of Othello with Lago The Othello is the hero of the play and Lago is villain and thus both share a contradicting relationship with each other. The relationship of both is of conflicting nature. The conflict is between two characters who had been warmest friends in the nearest time. Othello being the General and Lago being the trusted officer shared a lovable relationship with one another until the latter desires for promotion in his career and wanted to ruin Othello’s life completely.Until the conflict both were looked upon as individual with excellent ability and amicable character. Othello was known as the â€Å"noble moor† and Lago was his confident with honest character . The change in the attitude of Lago was sudden one and he immediately turned into a selfish man and mortal enemy of Othello. Lago treats Othello as a rival and wants promotion and take over the higher status in military. Othello has a â€Å"free and open mind† and this is utilized by Lago by conveying treacherous story of Desdemona to Othello. Yet Othello says that â€Å"She had eyes and Chose me â€Å".The rivalry rages between Lago and Othello, when the former hears that Cassius the friend of Desdemona had been promoted to lieutenant status which leaves him behind in professional hierarchy. Lago relationship with Othello turns bitter when he realizes that Othello has preferred Cassius for lieutenant role over him. He believes that Othello has disregarded rules of military and friendship, hence is only worth to be his enemy. The Othello had immense trust on Lago and was unaware of the bitterness growing in his mind against him. However, Lago’s start to saw seeds of hatred in the mind of Othello against Desdemona his beloved wife. The relationship verification of Othello and Lagos represents good versus bad. From the beginning of the play Lago is evil to Othello and as the play moves further he reveals his true colors. In the play, the character and intention of Lago remains same evil and Othello remains a puppet in his hand. Primary motive of Othello In the beginning of the play â€Å"Othello†, the central character Othello does not have any unjust motive. However as Lagos poisons his mind, he wishes to kill his wife due to the honor and pride he carried with his personality. He is definitely not much jealous as he is dishonored while hearing the disloyalty carried out by his beloved wife. The motive of honor encouraged him to kill his wife as he cried and enraged as an honored husband. Othello is a black man and he is being considered outcast by his wife’s father who was white .But Othello loved Desdemona deeply and the sexual jealousy brought forward by Lago hurts his ego, love and honor provokes him to kill Cassius and Desdemona. Primary motive of Lago The character Lago from the beginning of the play till the end is evil . He is a person who disregards moral beauty, ethics or nobleness. His primary motive is treacherous and wants to destroy Othello in every way. His eyes are on promotion and destruction of Othello’s. professional as well as personal life. He is wicked and is expert in performing acts

English2 Essay Example | Topics and Well Written Essays - 500 words - 1

English2 - Essay Example As the title suggests, the article is about five new technologies in the auto industry that are geared towards easing the burden of driving in modern times; these technologies are meant to make driving easier, especially for the safety conscious drivers. The article lists a number of technologies that are slowly revolutionizing the auto industry, and soon, are going to be the market driving forces for the entire auto industry. The main idea/thesis of this article is that, to attract the safety conscious drivers, some carmakers are revolutionizing the auto industry through the introduction of innovative and highly exotic technologies. The main goal of this article is to highlight some of the major technologies that are rapidly emerging in the auto industry, and the market trends that arise thereafter accordingly; the safety conscious drivers are being attracted to the new designs, and as tastes and preferences change, the said technology inevitably becomes cheaper. The article is highly objective and informative given that it not only comes from an authoritative source, but it also goes ahead to provide reputable examples and statistical evidence that backs the arguments it makes. In this respect, the points are strongly argued out to a logically satisfactory level, without bias of any sort or inaccuracies as the information can be verified as well. The writer of the article adopts a levelheaded tone that is strikingly informative as well as declarative; this is highly effective because it lends credence to the article by making it authoritative to the readers. The points are logically sequenced to allow for a regular flow of thought and cohesion in the arguments, an attempt by the writer at being communicative both effectively and efficiently. The target audience for this article is comprised of the safety conscious drivers and carmakers in the

Analysis of Ethics and Values Essay Example for Free

Analysis of Ethics and Values Essay Values are defined as things that are important and of some value for others. Values are of utmost importance while formulating vision. Importance of value is not just for individuals but organizations also emphasize greatly on its core values and even their vision is consistent with the values of the organization. All the decisions about right and wrong are based on the values that an individual or organization has. Thus it is said that values are the rules that one follows both in personal and professional life. Value shows what is right and what is wrong whereas doing what is right or wrong is determined by ethics. When one says that behave ethically, they mean behave in the right way. (Portman, 2010). By ethics we mean certain standards of conduct that shows how one should behave and fulfill the duties and responsibilities Professional Values and Ethics: Professional values and ethics refer to set of standards of conduct that supports the prestige of various professions that exist in the society. These set of principles indicate that how a particular professional group should behave in the society and what personal qualities they need to develop and in what way they are supposed to communicate at the workplace as well as with others in the society. For example for scientists moral principles involve integrity and patriotism. Justice and sincerity are the ethics for judiciary. Professional ethics become an important part of an organization because it increases the productivity of the organization as it indicates the way people should communicate with each other and the way they should carry out their responsibilities. Ethics for Military Organization Everyone agrees to the fact that integrity, honesty and moral conduct are important elements in a good human being but what people don’t agree is that these standards are applied equally for both personal and professional lives. An employee thinks that as long as his task are fulfilled, his employer should not care about his private conduct and he has all the rights to drinks, cheat take drugs or whatever he wants to do in his personal life. This may be true for the civilian sector but in the military there is different view. They do not tolerate drugs or alcohol. They do not allow sexual involvement with others in the workplace and severe punishments are given for dishonesty. Senior leaders say that for them private and public line are erased they cannot do what they want to do even in private as they answerable for the entire act that they do in private life as well. Military Ethics and Ethical Concepts: Military ethics refers to the code of conduct of military personnel while performing military activities. This concept of military ethics revolves around three sub concepts. The first concept refers to suitable behavior of individual for their profession, proper understanding of their standard mission and the assignments given to them and the right manner through which they can achieve their missions. The second concept underlines the suitable conduct of the military which is based on the fact that military members belong to a specific profession. The third concept specifies proper conduct of military members as a citizen of a free society where people are expected to respect the dignity of humans and adhering to the values of the democratic society. Professionalism Concept: Military ethics is based on complete professionalism which identifies the military members as professionals. Just as all other professionals are expected to perform their duties in a certain manner; the same military members are also required to adhere to the values and principles of the society. Conception of Owing: There are three Os on which the military ethics rely. These include; owing, ordering and to ought. Military officers are indebted to a lot of people such as country people, their families and comrades therefore they should realize that it is a selfless service. Conception of Ordering: Concept of ordering is also very important in military ethics. It is about priorities and moral structures. For example a top ranking officer knows that there is certain defect in a weapon that military requires badly, should the military officer reveal this information to the committee which is analyzing the weapon or he should withhold this information and go ahead in getting the weapon for his men. Here the question of ethics and priority comes. Conception of Obligations: This means what military members ought to do. According to military ethics, soldiers are expected to obey all the orders of the seniors promptly. But sometimes this happen that these orders raise ethical question therefore the military men are usually stuck between obeying the command or doing what is right and needs to be done.

What Are The Hazards Of Pollution Environmental Sciences Essay

What Are The Hazards Of Pollution Environmental Sciences Essay Pollution refers to adverse alteration of the natural phenomena by human beings, animals or natural disasters which may affect life in one way or another negatively. Pollution is a health hazard that can cause detrimental effects to the natural environment we live in. It occurs in different forms like: Air pollution (atmospheric), land pollution, water pollution, light pollution and noise pollution Air (atmospheric) pollution This refers to a situation whereby the atmosphere surrounding us is contaminated by foreign materials of gaseous nature or particulate matter. These particles or gases may be in form of dust, excess carbon-dfioxide, excess sulphur-dioxide, and smoke among many others. All these materials can alter the natural state of atmosphere making it polluted. Dust for instance can cause diseases like asthma and tuber-closis to humans as well a affecting the transportation activities like the volcanic eruptions. A lot of dust in the air makes the rain water that could have been for domestic benefits useless. Diseases like the ones mention above caused by excess dust in the atmosphere makes increases expenses on our budgets and can lead to poverty to many countries in the world. Excess smoke in the atmosphere can cause choking and some lung problems leading to health complications. Smoke from industries has led to depletion of the ozone layer that shields ultra violet rays from reaching the earth. Ultra violet rays from the sun can cause dangerous diseases like skin cancer to human beings and also affect plants which the primary producers on earth. Gases such as carbon-dioxide and sulphur in excess will not allow the light hits the ground to be reflected back into the atmosphere. This will lead to global warming that has completely altered the way of life on earth at this century. Global warming has caused extreme weather conditions like too much rain leading to floods and also extreme temperatures which have led to desertification. Floods are dangerous to our lives and causes loss of life as it has been witnessed in so many parts of the world. Desertification on the other hand has caused hunger because of lack of rainfall to facilitate plant growth. All the se factors are the end results of excess gases in the atmosphere that brings about global warming that causes extreme weather conditions. Recently a volcanic eruption in Iceland in southern Europe caused major economic losses to so many countries in the world. The eruption paralyzed air transportation which in turn affected many businesses. Tourism activities in and out of Europe were negatively affected because many tourists could not travel. The dust particles that were ejected out of the volcano were believed to affect the planes engines and were likely to cause some mechanical problems that can make the plane to crush leading to loss of life. The particles also reduced visibility to pilots and made navigation quite cumbersome to them. Too much gases like sulphur in the atmosphere has resulted into acidic rainfall which has corroded so many buildings and also destroying plants. When rainfall (water) combines with sulphur it forms a weak acid known as sulphuric acid that accompanies rain water when it rains. The acid will attack buildings by corroding them.Alot of economic losses are realized when this occurs. Plants will not grow to maturity because of acid rain and will lead to hunger and starvation due to lack of food. Land pollution This form of pollution mainly comes as a result of human activities like, uncontrolled waste disposal and industrialization. Disposing of waste in uncontrolled manner leads to a polluted environment. Disposing raw sewage in an open area for example can cause diseases like cholera, typhoid, dysentery and others because it will allow flies to access the sewage and food that we eat at the same time. From an economic perspective, this is also a big blow to the sector because a lot of money will be used in trying to treat the patients. Consequently the outcome is a poor economic growth. A high increase in population is also indirectly or directly contributing to land pollution in the sense that the pressure exerted on the limited land leads to degredation.Also human activities like over grazing causes land pollution because the number of animals kept in a small space will highly degrade the same piece of land by overexploiting it. The result of these is the soil erosion and desertificatio n. Some big industries in big towns may carelessly dispose dangerous waste like mercury on the environment. The chemicals can affect people indirectly because plants growing in the same area take in the same chemicals. Research has shown that tubers like Cassavas can store these very dangerous chemicals. Other factories can also release chemicals that can cause dangerous diseases like cancer to people nearby if not controlled. Mining activities also contribute to land pollution. Some miners can dig huge holes and fail to fill them up after the activity. The same holes can be dangerous to people around the mining area. Also some minerals like Uranium are of adverse effect to the surrounding community if not carefully handled. Other human activities like cutting down of trees to create room for settlement has led to pollution through degradation. Due to ever increasing population, natural forests have been destroyed by human beings to give space to rapidly increasing population. Also uncontrolled recreational activities like tourism have led to land pollution especially in parks and reserves where wild animals call home. Tourists may throw plastic bags or polythene backs to the environment hence making the natural habitat for animals uncomfortable for them. Water pollution Water pollution is the most dangerous form of pollution. As the saying goes that water is life, then pollution of water means that the entire life on earth is threatened. Water pollution occur in a variety of forms like releasing chemicals into the water from nearby industries or polluting by machines like ships and motor-boats that use water as a means of transport. Water supports different life forms which also supports human life apart from providing us with drinking water. Some animals that live in water like fish is the main aquatic source of food to human beings. When the water is polluted by chemicals like mercury for example, human beings risk the consumption of such chemicals because the fish that we eat contains such chemicals in their bodies. Also when the industries release raw sewage to a nearby water source people in that area risk getting diseases like cholera that threatens life of most people. Noise pollution Noise pollution is the kind of pollution that affect entirely humans and other animals that are sensitive to hearing. This type of pollution cause disturbance to victims and makes them very uncomfortable. Human beings for instance may not like loud music at night during the time of sleep. Persistent loud music in the surrounding especially at night or any time that silence is paramount is considered to be noise pollution. Noisy industries or factories should be located far away from residential areas to avoid noise pollution. Also in national parks animals may not like noise made by tourists visiting such places and that is why one can sometimes see posters in the entrance to such places that noise is prohibited. Noise in an environmental hazard that can cause health problems to people. Too much noise can make people deaf because of the destruction of eardrums. Light pollution This is brought about by too much light. This type of pollution affects both humans and animals. One can be rendered blind if he or she is exposed to too much light.Ligth is very important in our life but in excess one can be rendered blind. Many of us are able to see because of light but if we do not limit the amount of light we are exposed to, we can be affected negatively in our ability to see. There are varieties of light sources like the sun, electricity mirror reflection and flash lights that help us to see. We need therefore to control the amount of light that we are exposed to in order to avoid light pollution. The most dangerous type of pollution is water pollution because water is the basis for life. Water provides life to almost every living creature on earth. Even scientific researches show that our bodies are seventy five percent water, and then if water is polluted then we risk the danger of perishing. Plants that manufacture food that we eat depend on water for their growth. This initiates a series of interdependency among life forms that ultimately ends up in humans. Work cited Cairn.J.(1997), Biological methods of assessing water quality.ASTM International. Sell.N. (1992) Pollution control.SAGE Kryza.K.(2007). Inspiring middle and secondary learners.Corwin Express. Clarence.D.(1970).The politics of pollution.Pegasus. Clarkson J.(1988).Acid rain.Duke University Press.