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.

Effective and Ethical Leadership Essay Example for Free

Effective and Ethical Leadership Essay Page 2. Throughout the evolution of modern business, leaders have strived to be effective and profitable. However, due to unprecedented business scandals throughout the past decade, strict adherence to the principles of business ethics has become more prominent and expansive than ever before. In light of scandalous and unethical business practices, as exuded by Enron and WorldCom for example, business leaders and governing agencies realize the importance of ethical behavior. Although there is not a clear cut or standard set of attributes that constitute an effective and ethical leader, there are several common aspects that can be identified. The most important attributes of an effective and ethical leader are trustworthiness and accountability. Employees must feel that they can trust their managers in any and every situation. Team members must believe that a manager has immaculate intentions for the well-being of the project and the team. Employees will work harder towards the goals of the organization as well as towards the goals of individual assignments if they feel that management is looking out for their best interests. Team members should not look at business management as an entity of oppression. Employees should be able to approach managers without intimidation or prejudice. In other words, workers should feel free to address concerns and express opinions. Experienced front line workers are more privy to minute details regarding the daily operations of the business. A worker that trusts his or her superior is more likely to express opinions and concerns that can enhance business activity or correct errors. Employees that trust the management of the organization will be more willing to work diligently towards the company’s goals. Employees that do not have a trustworthy management team can suffer from a reduction in morale. Overall, a lack of trust leads to a distant and less productive work environment. Page 3. Another equally important attribute of an effective and ethical leader is accountability. Effective managers should not be afraid to admit when they are wrong. Even the best managers make mistakes. In essence, a manager with a strong ethical track record will be able to address tough questions with realistic answers. Transcending departmental and hierarchal barriers, accountability promotes communication throughout the entire organization. For example, after years of slumping car sales coupled with rigid hierarchal divisions, Ford Motors decided to embark in a new direction with Alan Mulally as CEO in 2006. Throughout its century of existence, Ford â€Å"developed a very tall hierarchy, composed of managers whose main goal was to protect their turf and avoid any direct blame for its plunging car sales (Jones 2010). Even the COO Mark Fields stated that â€Å"at Ford you never admit when you don’t know something (Jones 2010). † New CEO, Alan Mulally, diligently worked to demolish the communication barriers between the divisions of production and to develop new ethical norms. For instance, he instituted weekly meetings where department heads were encouraged to openly share problems. Mulally promoted a new culture that was more accepting and open about mistakes. Moreover, sharing all a spects of production information through a universal lens can help to promote decreased production costs on a company-wide level. Organizations will prosper under a management that promotes and radiates accountability and trustworthiness. Employees are more prone to open lines of communication with trusted superiors. Managers that can accept responsibility for errors while co-piloting new plans of attack on pertinent issues can help to eliminate unnecessary depletion of organizational resources. A corporate culture that is built upon these attributes will be poised for future success. Page 4. Works Cited Jones, G. R. (2010). Organizational Theory, Design, and Change (6th ed. , p. 14). Upper Saddle River, NJ: Prentice Hall.

Notes on Chemical Bonding :: Chemistry

Chemical notes on bonding Ionic bonding - This occurs between metals and non metals - Fe2+/3+, Cu+/2+, Zn2+, No3- - Metals loose electrons, non metals gain electrons. - Ionic compounds conduct electricity when dissolved, but not when solid, they also have high m & b points due to strong giant 3d lattice. They are also soluble in water as they have a charge - Metal atoms always form positive charged electrons while non metals from negatively charged electrons Metallic Bonding - They conduct electricity due to a sea of delocalised electrons - They have a lattice of positive atoms. - Transition metals contribute both S and D electrons in the sea of electrons - The attraction is between the ions and mobile valence electrons and not between the layers, this means they can bend over each other - The large the number of valence electrons and the smaller the atoms and the stronger the metallic bonding Covalent bonding - Between non metals with high electron values - Can have single, double, or triple bonds Bond strength C – C: single bond, longest type of bond (154) however is the easiest to break (346) C=C: double bond, second longest bond (134) and second hardest to break (598) C=C: triple bond, smallest bond (121) however is the hardest to break (837) Predicting the type of bonding (1) From electronegativity Electronegativity is the strength of an element/atom to pull electrons towards itself. Metals have a very low electronegativity as they lose electrons in ionic bonding, however non metals have a higher electronegativity as they gain electrons in ionic bonding. (2) From position in the periodic table Metal + non metal = ionic bonding Non metal + non metal = covalent bonding Simple molecular structure Molecular covalent bonds have low m & b points because of weak intermolecular forces called Van Der Waals forces. (more on this later) Giant covalent structures Diamond and graphite both have these structures but they are very different. They both have a giant lattice with strong covalent bonds, in the case of Diamond it is 3d and very hard to break in any way, however with graphite it is only 2d so can be broken if cracked in a certain way. These structures have very high melting and boiling points. Buckminsterfullerere A family of ball shaped C-molecules in which there are around 60 atoms which are found in ball shapes. Uses are being investigated in nano-thecnology. These substances are soluble in non-polar solvents Polar bonds The larger the difference in electronegativity the greater the strength of the polar bond. Now the hard stuff

Macbeth Critical Approach Essay

The tragic story of Macbeth is a tale of a man, who spirals into a deep, dark, depressing life attempting to escape his unhappy, mundane, unsatisfied existence. All of this would not be possible without the assistance of three wicked witches. These witches serve as a catalyst for the evil brought out of Macbeth, which becomes amplified by his own heinous actions. While Macbeth is cold hearted and dark minded his intentions were not awakened till he encountered the witches who changed his coarse of history. †Stay, you imperfect speakers. Tell me more. By Sinel’s death I know I am Thane of Glamis but how of Cawdor?† After the witches tell him he is destined to be king, Macbeth becomes interested. He fell for evils trap and now hopelessly tumbles down the rabbit hole. Macbeth knows what he is destined to be but Duncan stands in his way. This leads Macbeth to the first step of his corruption, through his sinister thoughts he realizes he is descending into darkness. â€Å"Stars, hide your fires! Let not light see my black and deep desires† Fearing he will be discovered for his true self, he pleas to the stars so that they may dim their lights. This fear is what drives him further into madness and deeper into his own despair. Macbeth has destroyed everything that has mattered to him, his best friend, his king, his wife, and his relationship with his people. He has ruined so much that it becomes clear to him that he was much happier in his previous status. â€Å"For mine own good, all causes shall give way. I am in blood stepp’d in so far that, should I wade no more, returning were as the tedious as go o’er† By comparing his own actions to a river of blood he hints to the fact that once a man kills for his own single benefit, there is no going back. He has gone too far and would be nearly impossible to undo what has been done and seems too tough to live with.

The Arab World and the Middle East

The Middle East and the Arab world are often confused as one and the same thing. Theyre not. The Middle East is a geographical concept and a rather fluid one. By some definitions, the Middle East stretches only as far West as the western border of Egypt, and as far east as the eastern border of Iran, or even Iraq. By other definitions, the Middle East takes in all of North Africa and stretches to the western mountains of Pakistan. The Arab world is somewhere in there. But what is it precisely? The Arab World The simplest way to figure out what nations make up the Arab world is to look at the 22 members of the Arab League. The 22 include Palestine which, although not an official state, is considered as such by the Arab League. The heart of the Arab world is made up of the six founding members of the Arab League: Egypt, Iraq, Jordan, Lebanon, Saudi Arabia, and Syria. The six forked the Arab league in 1945. Other Arab nations in the Middle joined the League as they won their independence or were voluntarily drafted into the non-binding alliance. These include, in that order, Yemen, Libya, the Sudan, Morocco and Tunisia, Kuwait, Algeria, the United Arab Emirates, Bahrain, Qatar, Oman, Mauritania, Somalia, Palestine, Djibouti, and Comoros. Its arguable whether all people in those nations consider themselves Arab. In North Africa, for example, many Tunisians and Moroccans consider themselves distinctly Berber, not Arab, although the two are often considered identical. Other such distinctions abound within various regions of the Arab world.

Cultural Differences Paper - 1668 Words

Cultural Differences Paper Jessica Fuentes COM 360 September 10, 2014 Mary Wardlaw There are cultural differences within all the communities that make up the world, we are constantly surrounded and reminded of these other cultures. In this paper cultural differences will be discussed from the film â€Å"Why Did I Get Married?† which is an African-American movie about the hardships one goes through in marriage, friendships, and trust. This paper is going to give specific examples of Hall’s perspective of culture on the screen and Hofstede’s five dimensions that are reflected in a particular pattern. Examples of both verbal and non verbal intercultural communication and how they relate to particular intercultural†¦show more content†¦This movie is targeted for African-American culture, so a lot of the language, slang, and stereotypes were evident in this film and so there wasn’t much explanation, it is simply something that is just known as it unfolds in the movie. If someone is watching this movie and they are Asian they migh t not understand much of what goes on in the movie, especially if they are unaware of the African-American culture. An example would be when the girls of the group go shopping and they are in a store looking at lingerie and shawls made for winter weather, the shopkeeper came up to them and simply said â€Å"we don’t keep cash in the store† now of course one of the ladies went a little crazy because she realized that she had said that because of their skin color. Hofstede’s five dimensions of culture are power distance, individualism v collectivism, masculinity v femininity, uncertainty avoidance, and long-term v short-term time orientation. In the film the five dimensions are present, in the dimension of power distance it clear with the powerful positions that all the characters have within their professional lives. The way they live and own lavish houses leads to believe that they don’t believe they are equals to everyone else because of their status . Most of the couples demand respect and expect not to be question in their motives, which is a higher power context. Next is individualism versus collectivism, inShow MoreRelatedCultural Differences Paper892 Words   |  4 PagesCultural Differences Paper Cultural Differences Introduction Many people throughout the world indentify themselves by their cultural background. It is common knowledge that there are many different cultures throughout the world. Each culture has its similarities and differences. Every individual has multiple identities Race, ethnic, gender, national, regional, organizational, personal, cyber/fantasy—that act in concert. The importance of any single identity is a result of the situation. 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