International accounting and finance Essay Example | Topics and Well Written Essays - 4000 words

International accounting and finance - Essay Example International companies play a huge role in the global company and can have a powerful influence on the prospects and performance of several economies, especially those that are directly influenced by its business operations and decisions (Ray Whittington, 2007). Irrespective of their nature of operation, both domestic as well as international companies rely on the efficient management of their financial resources, wherein the financial management of the company can be defined as the management of the financial resources of a business organization so as to guide it towards the achievement of its financial objectives (Arthur Andersen, 1977). In this aspect, there are a few aspects, which are entirely applicable irrespective of the area or extent of operation of the company. With a view to improving the prospects of commercial business as the basis of the structure for the organization, the key objectives of managing the finances of the firm are to primarily generate revenue and profits for the business apart from ensuring the liquidity levels within the business. In addition, it is also necessary for financial management to provide the required strategies to help generate a healthy return on investment by assisting in identifying and mitigati ng all the risks involved in conducting the business by putting in a certain set of resources. In this respect, financial management is achieved for any firm through three main sections. Planning: in order to fund business operations, the management needs to be sure of the amount of funding available and the sums required to aid the needs of the business. Funding is required to invest in the company, its infrastructure, human resources as well as assist in the sales made over the credit (Barry Epstein, 2001). For longer terms, funding is also required to enhance the levels of productivity

Rational persuasion Term Paper Example | Topics and Well Written Essays - 1000 words

Rational persuasion - Term Paper Example The bargain wilds intensely as the teachers are seriously on the neck of the government terming them not serious about the lives of the children who are not being taught, as the government is quite reluctant about their issues (Hoch 2004 pg 64-9). Through out the bargains, the government given the tough economic times tries to use rational persuasion to try to sway the angry teachers to class. This evident since the government has directed their negotiations towards the influential minorities that is the teachers’ consultees; they are trained and given non-factual promises by the government (Hoch 2004 pg 97). The promises are non- factual given that they do not give any timelines and are not giving any statistical figures in form of percentage increase of the mentioned benefits. The limitation of this is that the method would not suppress the angry teachers are they are already aware of the conning that the government is likely to direct to them. Faced with such a situation in the future, an integration of both factual and rational would be considered to relay quite convincing information. Scenario 2 Rational persuasion for security of a country There is a terrorist group, which is seriously terrorizing the citizens’ of the country jeopardizing the role of the government of protecting its citizens. Though power is held by the state, the group is reckless and does not mind hurting any individual as they have nothing much to lose. The government on the other hand is not in the position of attacking those head on, as this may lead to the group unleashing its potential on the innocent civilians through their poisonous biological weapons. The government has therefore the option of engaging... There is a terrorist group, which is seriously terrorizing the citizens’ of the country jeopardizing the role of the government of protecting its citizens. Though power is held by the state, the group is reckless and does not mind hurting any individual as they have nothing much to lose. The government on the other hand is not in the position of attacking those head on, as this may lead to the group unleashing its potential on the innocent civilians through their poisonous biological weapons. The government has therefore the option of engaging the group in a discussion for a negotiation, which cannot be factual as the terror group, cannot be promised facts given that this would be against the sovereignty of the state.   In the persuasion efforts, the government presents on the table goodies for the terror group and promises them to be integrated in the running of the government. They are therefore, invited to select their top officials or the individuals they entrusts with t he promised positions and the intention of the government inviting them to this table is to peacefully detain the officials without the followers awareness. This is a divide and rule technique of running the government as the result is directed towards making the followers realize that soon they are likely to be detained as their leaders hence scaring their activities and the harms they are likely to create to the government. The rebels on the other hand purpose a negotiation through representatives.