Thursday, September 3, 2020

United Nations Security Counci essays

Joined Nations Security Counci expositions Does veto power have a future in the United Nations Security Council? Maybe the response to this inquiry would become more clear on the off chance that it was reformatted to mirror the genuine inquiry that lies at the core of this issue. Will the significant forces that have veto power give up that expert for the more prominent advancement of a less halfway overwhelmed, increasingly libertarian United Nations which would be progressively fit to turn into the focal on-screen character in universal peace? Despite the fact that this examination of the issue of veto power in the UNSC may appear to be brutal it is basically reality. The evacuation or if nothing else the change of the veto force would just prompt force being shared between a bigger number of UN part nations. It would likewise likely prompt speedier and more prominent activity taken against systems that submit human rights mishandles and different infringement of worldwide law. In spite of the fact that this would prompt a superior UN which would be undeniably increasingly equipped for going about as the central facilitator of universal law the political implications of disposing of the veto and the loss of direct force experienced by the significant forces that hold the veto keep any change from occurring and will probably keep on forestalling change later on. The most ideal approach to accomplish progress in this issue is by offering moderate changes that despite everything take into account significant forces to keep on using significant force however expel the total force that is found in the veto. Before one can understand the political repercussions of expelling the veto it is significant that the force that is associated with the veto be completely comprehended. While promoters of multi-veto frameworks or weighted frameworks have a lot of validity in their proposed frameworks it must be perceived that while these recommendations may appear to be moderate any expulsion of the single veto framework comprises the loss of unrivaled force. The single veto framework which is utilized today offers the nations that groups it the preeminent position to s... <!

Saturday, August 22, 2020

The Blind Side

Presentation The Blind Side is a film created in 2009 that centers around the life of Michael Oher. Michael is an adolescent who conquers various provokes, for example, vagrancy and forlornness to get one of the most dependable hostile linemen in the National Football League (NFL) of America (Lewis, 2009).Advertising We will compose a custom exposition test on The Blind Side explicitly for you for just $16.05 $11/page Learn More The film was coordinated by John Lee Hancock and depended on the book, The Blind Side: Evolution of a Game by Michael Lewis. The celebrities Quinton Aaron as Michael Oher, Tim McGraw as Sean Touhy, Sandra Bullock as Leigh Anne Touhy and Jae Head as S.J Touhy. These characters shape the plot of the film. Sean and Leigh Anne are temporary parents to Michael while S.J is their lone child who has great relations with Michael as his older sibling. Before moving in with Sean and Leigh, Michael had lived in other cultivate homes, just as in the city (Lewis, 2009). T his film is very topical on the grounds that the watcher encounters dismal affections for what Michael experiences, just as sentiments of delight for Michael’s life change from isolation and wretchedness to progress and significance. Plot Summary The principle character in this film is Michael, a seventeen-year-old dark and destitute American youngster. He doesn't have the foggiest idea about his dad and his mom is a medication someone who is addicted. He sets up at different cultivate homes. Nonetheless, he escapes in a few examples because of different reasons. Jumping between encourage homes leaves Michael absent a lot of formal instruction or fundamental aptitudes that can assist him with finding a new line of work (Lewis, 2009). One of Michael’s temporary parents attempts to select him into Wingate Christian School in spite of his poor scholarly records. His physicality and enthusiasm for football intrigue the football trainer who suggests his enlistment. Due to h is gigantic height and youthful age, Michael is nicknamed The Big Mike by companions. While at Wingate Christian School, Michael becomes companions with S.J, a child to Leigh Anne an inside planner, and Sean Touhy a business master (Scott, 2009). At some point while driving home, Anne sees Michael strolling alone in the downpour and chooses to converse with him. On finding that he proposed to go through the night outside the school’s rec center, she chooses to take him home and go through the night. From that point forward, Michael turns out to be a piece of that family, in the midst of negative analysis towards Anne from rich companions about creation him a player in her family. Leigh Anne distinguishes as a mindful individual, as she proceeds to look for lawful rights to be Michael’s watchman, which gets endorsed (Scott, 2009). In spite of the fact that Michael begins gradually with the group because of his thoughtful and quiet nature, Leigh Anne is consistently arou nd during instructional courses to rouse him (Lewis, 2009).Advertising Looking for paper on workmanship and structure? How about we check whether we can support you! Get your first paper with 15% OFF Learn More Michael dazzles most school mentors with his capacity on the pitch. Nonetheless, Leigh Anne finds that Michael’s GPA is underneath the necessary normal of 2.5 that qualifies one for school grant (Scott, 2009). Anne proceeds to recruit Michael a coach who works with different instructors and encourages him accomplish a normal of 2.52. Michael gets grant offers from various schools, however agrees to the University of Mississippi, the place of graduation of his temporary parents. Michael sticks with his choice regardless of accepting various dangers planned for settling on him adjust his perspective. It later rises that Michael’s non-permanent parents limits anybody under their consideration to join different schools separated from University of Mississippi (Lewis , 2009). An encounter results among Michael and Leigh Anne and they oppose this idea. Accordingly, Michael returns to the activities where his mom lives. He reunites with old companions who offer terrible comments towards his non-permanent parents. This drives Michael mad and a battle follows. Their pitilessness drives him to run. Leigh Anne looks for Michael futile. He calls Michael who consents to meet and talk about a couple of things that made Michael awkward (Lewis, 2009). During the gathering, Anne vows to help Michael’s choices, just as permit him converse with officials who are researching his choice to join the University of Mississippi. Michael moves back to his encourage parents’ house and plans of joining school get in progress. The film closes with Michael saying goodbye to his temporary family. He centers around his football profession while in school and develops into an elite player left tackler (Scott, 2009). The end makes a sentiment of delight, as on e feels upbeat for the once poor, ignorant, and fat youngster who originated from a messed up home however figured out how to recognize and satisfy his genuine potential in spite of every single many test. Topics Elements Developed in the Movie This film distinguishes as a film that incorporates different subjects and components. The way that the film creates out of a genuine story makes it an irrefutable fantasy. It furnishes the watcher with a bit of reality that human relations rely upon. There are two significant exercises about human relations brought out in this film. To begin with, it is significant for individuals to connect with less blessed in the general public. Michael is a young person who has lost any expectation of satisfying his fantasies, however the group of Leigh Anne encourages him distinguish and satisfy his latent capacity (Lewis, 2009).Advertising We will compose a custom article test on The Blind Side explicitly for you for just $16.05 $11/page Learn More The subsequent exercise is that individuals need to have confidence in their capacities, and create relations with individuals who put stock in them. Leigh Anne accepts that the choice to make Michael some portion of her family is directly in spite of protests from companions. Michael has extraordinary potential and Leigh’s family puts stock in his capacities, the explanation they do everything they can to guarantee that he misuses them (Lewis, 2009). For a sharp watcher, the film additionally builds up the topic of adoration and family. The idea of life is to such an extent that individuals don't have a decision of who involve their families. A few people are sufficiently fortunate to encounter love from the two guardians and delight of developing in a total family, while others are not unreasonably fortunate. In any case, from the film plainly these circumstances are not lasting in light of the fact that people can get these encounters from individuals they communicate with th roughout everyday life (Scott, 2009). Michael originated from a messed up home that didn't have a dad, while the mother was not ingenious because of her illicit drug use. He needed life openings that his friends from fortified families had. Nonetheless, he can feel the adoration for a family later in his young years after a white couple that previously had two youngsters receives him. The adoration appeared by others is frequently powerful on how individuals create points of view about existence (Lewis, 2009). The idea of family created in this film goes past family units to incorporate a social unit that shares normal qualities, incorporates individuals who have confidence in one another, and who show love towards one another. In the film, difficulties of destitution, racial segregation, just as medication and substance misuse are clear and all around investigated. Present day American culture recognizes as one that venerates drugs, looks downward on individuals from poor foundatio ns, just as a general public despite everything frustrated in the old propensity for treating individuals dependent on shade of their skin (Scott, 2009). This heartbreaking reality has for since a long time ago would not cease to exist of American culture. The treatment agreed to Michael’s temporary parents when they go searching for him in the undertakings, is inadmissible and one that cutting edge guardians would not need their youngsters to develop knowing about. The remarks made towards Leigh Anne during Michael’s selection talks likewise give an away from of different recognitions that American individuals despite everything have towards one another. Silliness likewise builds up a great deal in this film, as there are sure scenes that leave the watcher in lines (Scott, 2009). One such scene is during one of the games when Michael, utilizing his enormous body gives a rival a close that cleans him up the pitch. The scene gets more interesting when the mentor request s to know from Michael why he did something like this to a rival. Michael’s reaction was that he was attempting to stop after the whistle yet he was on top speed.Advertising Searching for article on workmanship and structure? We should check whether we can support you! Get your first paper with 15% OFF Find out More Michael likewise said he conveyed the adversary to the transport since he felt time was directly for the player to leave the pitch. Various handles, which provoked the official to toss a banner as a notice, ruled Michael’s style of play in that game (Scott, 2009). Another component created in the film is penance. Michael’s non-permanent family forfeits to help him in a one of a kind and motivating way. They make a special effort to give him cover, food, garments, training, and a profession in football. The film had a decent gathering across America, with pundits giving positive comments. Most striking comments addressed the great job of Leigh Anne played by Sandra Bullock (Lewis, 2009). The film got numerous assignments and grants that included institute grant, people’s decision grants, and nickelodeon kids decision grants among others. End The principle character in this film is Michael who sets up at different cultivate homes. Be that as it may, he escapes beca use of different reasons. The way that the film creates out of a genuine story makes it an unquestionable fantasy. This film is produces a tragic inclination for what Michael experiences, just as a sentiment of bliss for the manner in which his life pivots into an example of overcoming adversity. Topics and components created in the film incorporate cleverness, penance, human relations, significance of affection and family, destitution, racial separation, just as medication and substance misuse. It is significant for individuals to connect

Friday, August 21, 2020

Lego in China Free Essays

3. Financial China has a few factors that contribute in reinforcing their monetary position. One of the supporters is their administration arrangement. We will compose a custom paper test on Lego in China or on the other hand any comparable point just for you Request Now ‘Chinese government has focused on the significance of create IT segment to the entire financial improvement of the nation, with extensive duties to monstrous interests in foundation constructive outcomes of IT on its monetary development’ expressed by (Li, n. d. ). With further developed IT divisions, China can draw in more ventures from outsiders. Not just that, China likewise made adaptable speculators arrangements. With created IT structure and a supporting arrangement, Lego will experience no difficulty entering China’s showcase. China was known as the most populated spot on Earth, thus making a popularity for items accessible in advertise. This will prop the market movement up, given that there is sufficient flexibly for everybody. Hoshiko (2011) showed that ‘Cheap work rates are the cornerstone to the Chinese financial boom’. With a populace over 1. 2 billion, work isn’t one of their primary concerns. With ease of work, creation cost will likewise drop, this empower them to deliver economical products. On the off chance that Lego chose to enter China’s showcase, they will likewise pick up this bit of leeway; they’ll have the option to create their items at a lower cost. Bradsher (2012) has composed that ‘China’s fares to all nations rose 9. 9 percent in September from a year sooner, drove by particularly solid fares to Southeast Asia’. These elements at long last aides China’s financial action, and making it additionally engaging for speculators to come in and plant their cash within China. The legislature said Tuesday that it wanted to sustain upwards of 50 state-possessed undertakings to turn out to be all around serious organizations while keeping up control of organizations occupied with key industries’ (Anon. , 2006). We can perceive what the legislature is doing here, they are attempting to sustain their organizations to finish all inclusive, and giving less worry in inside rivalry. In any case, worldwide organizations have begun coming in and rehearsed something very similar as well. Lego may do likewise too; it will give them another experience bend to perceive how they should maintain their business in China. Despite the fact that the particular system probably won't be the equivalent in some other nation, yet Lego will have the option to acknowledge what are the means and activities expected to prevail in outside territories. Knudstorp (2012) as refered to in Hansegard (2012) ‘We’re seeing development in most Asian markets ‘. Ongoing discoveries have discovered that Lego’s deals have been expanding in Asian nations, why? ‘Disposable livelihoods in China have been becoming quicker than GDP development, making toys progressively moderate for guardians and kids. ’ (Anon. , 2012). Take for instance China; the individuals have progressively discretionary cashflow to be spent on their kids. Besides because of the person born after WW2 the age of China, there are a great deal of guardians now, and now with China’s one kid Policy guardians are all the more ready to spend for their friends and family. 4. CULTURE Chinese culture isn't as compatible, the individuals clutched it and still regards it as we talking, and they regard relationship, positioning and conventions. Saying ‘no’ isn’t as simple as it would appear that in the Chinese culture, since they accept to deny somebody would make the two gatherings be humiliated causing lost face. Kjerulf (2010) ‘The Culture in Denmark tends towards the individualistic as opposed to aggregate and is very feminine’. We can see there is a contrast among Lego and the Chinese culture. We can straightforwardly tell, Chinese individuals are higher in power separation; they call others by their title and last name. Additionally the Chinese are bound to be collectivist, activities that they chose are for more noteworthy's benefit of their kin. Lego is truly adaptable in the event of their items itself by having a ton of product offerings. With a great deal of film based product offerings, for example, Indiana Jones, Lego can market and interchange their items as per other social inclination. We found a distinction in the middle of China’s Lego official site with the other, for example, US, Lego in China had barred the Monster Fighters version. This can be comprehended, deciding that Chinese individuals are not that enthusiastic about all these western beast topic and Halloween. So Lego figured they would prefer not produce this product offering, and spotlight on the others. In the event that Lego had made an interest in Xiamen China, there ought not be any issue. In the first place the Chinese individuals are increasingly uneasy towards positioning, and collectivist. While the business has all the more an adaptable style, which gives the representatives another working experience and most likely a superior one. Reference: Home Www1. american. edu (2002) Home. [online] Available at: http://www1. american. edu/initeb/fl9577a/IT%20S;W. htm [Accessed: 5 Nov 2012]. China’s Strengths and Weaknesses 101 | Center for American Progress Americanprogress. organization (2011) China’s Strengths and Weaknesses 101 | Center for American Progress. [online] Available at: http://www. americanprogress. organization/issues/china/report/2011/02/08/9074/chinas-qualities and-shortcomings 101/[Accessed: 5 Nov 2012]. China Exports Rise, Hinting at a Glimmer of a Revival †NYTimes. com BRADSHER, K. 2012) China Exports Rise, Hinting at a Glimmer of a Revival †NYTimes. com. [online] Available at: http://www. nytimes. com/2012/10/14/business/worldwide/china-sends out ascent alluding to a-glint of-recovery. html? _r=0 [Accessed: 7 Nov 2012]. China to sustain organizations for worldwide rivalry †Business †International Herald Tribune †The New York Times Nytimes. com (2006) China to s ustain organizations for worldwide rivalry †Business †International Herald Tribune †The New York Times. [online] Available at: http://www. nytimes. com/2006/12/19/business/worldbusiness/19iht-sustain. 3951635. tml [Accessed: 7 Nov 2012]. Lego Chief Sees Weak †WSJ. com Online. wsj. com (2012) Lego Chief Sees Weak †WSJ. com. [online] Available at: http://on the web. wsj. com/article/SB10000872396390444914904577622962273573438. html [Accessed: 7 Nov 2012]. Toys and Games Market Research, Analysis, and Commentary Blog. euromonitor. com (2012) Toys and Games Market Research, Analysis, and Commentary. [online] Available at: http://blog. euromonitor. com/toys-and-games/[Accessed: 7 Nov 2012]. Business Communication Styles in China and Successful Communication with Chinese Businesses and Colleagues :: World Business Culture Step by step instructions to refer to Lego in China, Essay models

Sunday, June 7, 2020

4 tips to refocus your post-graduation job search

As graduation approaches, its time to jump-start your job search. Have you spent more hours than youd like completing online applications or sending out resumes without landing an interview? Are you struggling to make the right connections or meet new contacts? Did you miss important networking opportunities, meet ups, or key industry events? Are you feeling overwhelmed or demotivated with the long job search process? Rest assured, you’re not alone. Most job seekers wouldn’t be telling the whole truth if they didn’t admit to feeling slightly discouraged at times. Finding the right role can sometimes seem like an exercise in luck rather than science. To help you refocus on your job hunt, we asked Katharine Boshkoff, Vice President of Global Career Development and Alumni Relations, to share her top four tips from Hults international student advising program—also known as Hult’s ROADmap for career success. 1. Knowing and showing your skills This may sound obvious, but if you aren’t crystal clear what skills recruiters deem essential, desirable, and nice-to-have for your target job, you will not be able to demonstrate that you have them. You should structure your resume to highlight these essential skills—they should jump off the page so that recruiters can quickly see that you tick all of the boxes. The days of the generic resume are gone.   Savvy job seekers customize every single resume to meet the unique requirements of each position. Why? Because online sites are becoming increasingly dependent on Artificial Intelligence (AI) to screen the sheer number of applications they receive. These AI systems look for very specific skill clusters. And if you want to be one of the few candidates these systems select for interviews, your skills will need to be an almost-perfect match. This means customizing your resume with the keywords, vocabulary, and synonyms found in the specific job description. A note of caution: be careful not to use exact sentences lifted verbatim from the job description. The Automatic Tracking Systems can detect this copy-and-paste technique and will reject your resume right away. Savvy job seekers customize every single resume to meet the unique requirements of each position. 2. Harness the power of LinkedIn’s 500-million-strong community LinkedIn is THE professional networking site, with more than half a billion users across 200 countries. It is crucial that your profile is up-to-date. Recruiters aren’t that interested in what you did at high school—they want to know about your recent experience and how that experience is informing your chosen career path. When updating your profile, remember that search engines aren’t the only place keywords are important nowadays. Keywords woven throughout your LinkedIn profile will help your existing connections, as well as potential new ones, to find you easily when theyre hiring. Make a list of your chosen industry’s buzzwords and use them in the main body of your profile. You could even consider using them in your personal LinkedIn URL. Harnessing your passive search potential is an increasingly important component of any job search. Don’t forget that LinkedIn is a powerful tool to conduct online networking as well. Joining groups that share your interest is a great way to engage with like-minded professionals and learn about new opportunities. Finally, LinkedIn is now the fact-checking system of choice for hiring managers and recruiters. You should expect that anyone you interview or network with will review your LinkedIn profile. They may also look at your network contacts to find people for informal reference checks. Make sure that you look as professional on LinkedIn as you do on your resume! 3. Network, network, network Some experts estimate that as many as 80% of all jobs are found through networking. As much as students hope that jobs will come to them on campus, it’s unlikely you’ll secure your dream job from the comfort of your own desk. Getting off campus and meeting with people outside the educational sphere is hugely important, and our students are always surprised by the size and power of the hidden job market. For those unfamiliar with this concept, the hidden job market refers to the vast number of jobs that are unlisted or get filled before being listed. To be first in line for a job, it’s important to connect with a company insider who can act as a referral to the hiring manager, even  before the job posts or another candidate is put forward. Don’t forget your personal network too—they know you best and are the most likely to vouch for you to their own professional contacts. Additionally, networking with colleagues or  Hult alumni provides an invaluable opportunity for you to learn about roles and discover new companies. If you are a career switcher, don’t neglect the opportunity to ask about what’s really involved in a position or get feedback on your resume and your suitability for the role. While online job applications are hard to avoid entirely, we advise our students to dedicate about 20% of their job search time to online applications and 80% to networking. Some experts estimate that as many as 80% of all jobs are found through networking. 4. Do an internship Employers overwhelmingly cite internship experience as one of the most important factors behind their decision to hire recent graduates. Internships give you the opportunity to gain industry knowledge and on-the-job skills that are hard to learn anywhere else. It also allows you to accumulate case studies showcasing your abilities.   You can then use these as examples on your resume or during interviews. Youll also be able to see if you have any technical skill gaps or if you need to adapt your working style for your target job or company.   Plus, theres no doubt that your confidence will improve from dealing with real-life business tasks. Internships can help you build strong personal references too, which are hugely valuable on resumes. And of course, your internship could lead directly to a job. Historically, approximately 50% of our students in internships convert these opportunities into full-time positions. Curious to learn about the employment outcomes for recent Hult grads?  Download our Global Careers Report.   Hult offers a range of highly skills-focused and employability-driven business school programs including a range of MBA options and a comprehensive one year Masters in International Business. To find out more, take a look at our blog Top 10 questions to ask when looking at business schools. Download a brochure or get in touch today to find out how Hult can help you to learn about the business world, the future, and yourself. Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021 Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021"> During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . Happy New Year, Hultians! . Happy New Year, Hultians! .

Sunday, May 17, 2020

Project Runway Essay - 827 Words

The main lights dim, the runway lights flash on and the audience grows excited. The models backstage grow nervous as the audience starts to cheer. The models are about to show off a new line of clothing from a designer that will become the newest trend in fashion. But what is fashion? Many people think about models, the runway, New York and expensive clothing when they hear the word fashion. But fashion is much more than that. Fashion is clothing that defines who a person is, their likes and dislikes, their personality and most importantly their culture. Clothing dates back to about 100,000-500,000 years ago. The first clothing was made out of animal hide and fur, vegetation and bones. This type of clothing was usually draped over people†¦show more content†¦Muslim women are supposed to dress modestly, covering more body then the men. The law requires these women to wear hijab which is mosdest clothing ranging from headdress to the traditional burqa. The modest clothing protects the women from the men’s gazes (Mussap 122). The kimono is widely referred to as the national costume of Japan and is used for festive occasions in Japan. Once used to determine social class, the kimono has now become a symbol of distinctive Japaneseness. The kimono represents the diligent and graceful manner of the Japanese woman. This representation came from geisha women who once wore them (Assmann 360-362). Fashion through the different cultures also defines that cultures religion. Many cultures have tradition religious outfits. One example is Jewish men wearing yamakas during religious events. The yamakas symbolize the relationship between man and God. In the Hinduism, Buddhism, Sikhism and Jainism religions the people wear natural, unstitched cloth while performing religious ceremonies. The natural, unstitched cloth represents purity and devotion to the task. Fashion communicates the culture and ways of people. It is a way for people to express their thoughts and feelings. People who dress in all black may be in mourning or depressed while people who wear bright colors are cheerful and lively. According to Isabel Grant and Graeme Stephen consumers buy fashion based on their own preferences which demonstrates theirShow MoreRelatedMichael Kors2075 Words   |  9 PagesKors was born on August 9, 1959, and was raised on Long Island. He moved to New York City to attend the Fashion Institute of Technology, but dropped out after two semesters. Kors launched his women’s collection in 1981 band became a judge on Project Runway in 2004. First Lady Michelle Obama posed in a Michael Kors dress for her first official portrait. Kors lives in New York City. He is half Scandinavian, half Jewish. His mother is Joan Krystosek Kors, a former model. Designer, Born AugustRead MoreAirport Essay1426 Words   |  6 PagesRunways The airport has two parallel runways in an east-west orientation, as shown on Exhibit 1 Runway 7R-25L is 8,208 feet long by 100 feet wide. A 140-foot-long blast pad is located on the east end; a 154- foot-long blast pad is located on the west end. The Runway 7R threshold is displaced 897 feet. The Runway 25L threshold is displaced 930 feet. Parallel Runway 7L-25R is 4,500 feet by 75 feet. Analysis will be conducted to determine the need for these displacements in subsequent chapters. RunwayRead MoreAir Traffic Control System Of Sdf1139 Words   |  5 Pagesprovides for the most efficient flight operations and the future airport developments will cost-effectively satisfy the growing aviation demand in the area. The runway, taxiway, and ramp configurations at SMF provide an efficient access system for arriving and departing aircraft today, but there are current assessments in progress of runway lengths required for future non-stop service to European and Asian destinations. The current instrument and visual landing systems meet the required flight operationsRead MoreA Analysis On The Stripe Hog1236 Words   |  5 PagesFOREWORD Waterblasting Technologies manufactures the Stripe Hog Waterblasting System to remove all types of durable pavement markings from roadways and runways and rubber deposits left from aircraft landings. The business began in 1988 and the Stripe Hog has been available to the public since 2005 and is now in 50 countries with more units working around the world than our top five competitors combined. The fact that the founder, James Crocker, has been a waterblasting contractor since 1988 hasRead MoreThe Atlanta Airport By Hartsfield Jackson Atlanta International Airport Essay1923 Words   |  8 Pages(Hartsfield-Jackson, 2016). The 4,700 acres that the airport covers feature 5 parallel runways (8L/26R, 8R/26L, 9L/27R, 9R/27L, 10/28); all of the runways run east to west along with their associated taxiways. There are 2 runways on the North side of the airfield (The terminal area represents the middle of the airfield) and 3 runways on the south side of the airfield. The advantage of having these parallel runways is that during the operation there is no need to be concerned with aircraft crossingRead MoreImpact Of General Aviation On Capacity At Sea Tac1497 Words   |  6 Pageswithout direct impact to or from general aviation traffic’s influence at the field. Incidentally, SEA-TAC added an additional runway in 2008 (Runway 16R-34L) which was spaced at the required distance from the existing furthest east runway to allow for simultaneous arrivals during degraded weather conditions (SEA airport capacity profile 2014). Moreover, the third runway essentially facilitated a doubling of the arrival capacity during those periods of restricted visibility enabling capacity to supportRead MoreProject Management : The Brisbane Airport2887 Words   |  12 PagesContents Task A: Background of the project 2 SOME FACTS 2 REQUIREMENTS 3 OUTCOMES 3 Task B: Project Risk Management 3 The graph 5 TASK C: Project Control System 6 TASK D: Critical Evaluation 7 Monitoring 7 Go/No-Go Control 7 Earned value analysis 8 Project Tracking 8 Post Control 8 Cybernetic control 8 CONCLUSION 8 Bibliography: 9 Task A: Background of the project The Brisbane Airport is located 14 kilometers north east of the Brisbane central business district. As much as 27 airlinesRead MoreAirport Construction Has A Major Effect On The Community1577 Words   |  7 Pageseveryone involved and also the community around the airport. When an airport begins to make plans for expansion or repairs a whole list of things are researched and planned years in advance. The airport manager is responsible for overseeing the project and confirming that everything goes as planned and everyone stays safe in the process. There are multiple regulations to abide by not only from the Federal Aviation Administration (FAA), but by the city and the Occupational Safety and Health AssociationRead MorePlanning And Design Of Airport Infrastructure1349 Words   |  6 Pagesthe air industry, a flexible approach for the future needs to be implemented. New projects in airports have no guarantee to be successful because of a range of factors. Unpredictable demand and increasing availability of alternative modes of transport go a long way in explaining this uncertainty. Airport projects are also susceptible to fluctuations in the economy, which can heavily impact on the level of projects an airport will undertake. These uncertainties mean an approach which takes themRead MoreRunway Description Of Runway Lighting1358 Words   |  6 PagesRunway lighting. Runway lighting is composed of several different types of lighting, with specific colors and positions on the runway, conveying vital information to the pilot during night operations, or operations during low visibility. Some airports will have Runway End Identifier Lights, which provide positive identification of the approach end of the runway. These lights are located on each side of the runway threshold, consist of a pair of synchronized flashing lights, and may be unidirectional

Wednesday, May 6, 2020

Consumer Behaviour and Perception Essay - 2228 Words

2.0 CONTENTS CONSUMER BEHAVIOUR AND PERCEPTION 2.1 WHAT IS CONSUMER BEHAVIOUR? It is necessary to understand consumer behaviour; this is based on the activities leading to the acquisition and use of goods or services, including decision-making processes that determine a purchase. In this process the consumer performs actions such as search, purchase, use and evaluation of products expected to be used to meet their needs (Solomon Michael, 2007). The activities, processes and social relations to which reference has been made include various actions of the consumer: knowledge of a need, when you make a comparison between stores, the simple reasoning of information that are available in regard to the benefits and risks of the desired†¦show more content†¦It is important to analyse each group to determine their specific behaviour and thus guide strategies to stimulate product sales (Afizah Hashim, 2009 ). CULTURE: It represents the knowledge, beliefs, values, art, morals, laws, customs and habits acquired by people as members of a society (Hawkins, 2006). Culture influences the thought processes and behaviour of the individual, culture is acquired, lives there. Due to the change of technology over time and interaction with other customs, culture has caused to undertake changes, so the individual has had to change their behaviour to adapt to new cultures. Within a culture there are subcultures, which consist of groups that coexist within a culture, taking habits, customs, etc., of the host culture, while providing the habits and customs of their own culture. For example, in the U. S. subcultures such as Hispanics, Asians and blacks are very clear identified. INCOME AND SOCIAL CLASS: Social classes are relatively permanent and homogeneous divisions in a society in which individuals share lifestyles and similar behaviours. The social status is not determined exclusively by income, other factors are also important, such as education, profession, place of residence, social group, friends and forms of entertainment, among others. SOCIAL GROUP: social group can be viewed as a set of people who have a sense of empathy resulting from a mode of interactionShow MoreRelatedConsumer Behaviour: Consumers Perception of Blackberry Phones5858 Words   |  24 PagesBUYER BEHAVIOUR MODULE CODE: 4MAM7A41 MODULE LEADER: FRANK AUTON GROUP COURSEWORK ASSIGNMENT â€Å"INVESTIGATING THE BLACKBERRY MARKET SHARE DECLINE† CHERRY NAIR 135803821 DESPINA LAZAROGLOU-BRIANI 13501130 FATIHI AGBAJE 13204792 DIMITRIS KASIDOKOSTAS 13534381 GREGORY ZAKHAROV 13556886 WORD COUNT: 3856 Index Executive summary 3 Introduction 4 Objectives 6 Research MethodologyRead MoreConsumer Behaviours, Jnd, Perceptions2286 Words   |  10 PagesCase 4.1: Packaging and the J.N.D. 1. Concept of Perception, Sensation, Weber’s Law (J.N.D. or Differential Threshold) Perception is the process of attaining awareness or understanding of the environment. This is through organizing and interpreting sensory information to form a meaningful and clear picture of the world. Based on different needs, values and expectations, different people will perceive and interpret stimulus differently. For sensation, it is when the various sense organs of theRead MoreConsumer Perception on Buying Behaviour Towards Smartphones11189 Words   |  45 Pagesutility bills via telephone. * The first cellular phone to incorporate PDA features was an IBM prototype developed in 1992 and demonstrated that year at the COMDEX computer industry trade show. * A refined version of the product was marketed to consumers on 16 August 1994 by BellSouth under the name Simon Personal Communicator. * The Simon was the first device that can be properly referred to as a smartphone, even though that term was not yet coined. * In addition to its ability to make andRead MoreConsumer Perception Of Consumer Behavior Essay1488 Words   |  6 PagesConsumer Perception Consumer behaviours are constructed by their attitudes, and the attitude itself is the result of the consumers’ perception (Fishbein Ajzen, 1975). This construct is explored in the Theory of Reasoned Action, where Fishbein and Ajzen (1975) state this in regards to attitude-behaviour relationships. When it comes to greenwashing, research has found that this attitude-behaviour relationship could manipulate the perception of the consumer. The consumer perceptions when it comesRead MorePerceptions And Perceptions Of Consumer Behavior Essay1467 Words   |  6 PagesIn attitude-behaviour relationships, the Theory of Reasoned Action states that consumer behaviours are constructed by their attitudes, and the attitude itself is the result of the consumers’ perception (Fishbein Ajzen, 1975). With regards to greenwashing, research has found that this attitude-behaviour relationship could manipulate the perception of consumer (see table 2 for perceptions and explanations), for instance, perceived deception (Newell et al., 1998), perceived scepticism (Albayrak etRead MoreThe Soap Is Good For The Environment Essay1414 Words   |  6 Pageslabels, which are autonomously determined to meet transparent environmental criteria (Galarraga Gallastegui, 2002). Newell et al. (1998) presented research which examined the effects of advertising utilising a greenwashing strategy on consumer’s perceptions of advertisements. Although the research was focused on advertising, it was hypothesized that misleading claims, encompassing perceived deception, affected corporation’s credibility and directly influenced consumer’s intentions to purchase. ConsequentlyRead MoreAn Example Using Theoretical Soap Is Good For The Environment Essay1487 Words   |  6 Pagesprovided by the participant being the BNZ bank investing in a Kiwi recovery program, while at the same time investing in oil exploration. Ambiguous claims by advertising are also legal and terms that imply nature, such as those which leave the consumer with the perception that it is good for the world only it is the opposite. The only instance where it is illegal is when the product implicitly claims to do something it does not. To explain this concept an example using theor etical soap was provided by theRead MoreThe Importance Of Greenwashing As A Marketing Strategy1490 Words   |  6 Pagesidentifying particulars about the interview participant. Findings and Discussion Interview Findings From the research interview it was established that greenwashing as a marketing strategy is effective because there is an increasing amount of consumers concerned about the state of the environment and this creates a legitimate market. Primarily, this effectiveness is due to the fact that greenwashing has the capability to create and sustain a new market, as the interview participant mentioned thatRead MoreMarketing Strategy of Levis1427 Words   |  6 Pagesprofitability, a number of key principles concerning consumer behaviour have to be fully grasped and addressed. As well as producing a range of new, exciting and quality garments, the firm will need to ensure that its products are cleverly and thoughtfully marketed to the appropriate consumer groups. In this report I will look at the marketing strategy employed by Levis on their new Anti-Fit style jeans, and at the importance of consumer behaviour in deriving this strategy. I will also lookRead MoreA Company Is Employing Greenwashing Tactics Essay1337 Words   |  6 Pagesparticipant pointed out that terms such as eco, or enviro-friendly would normally be used; however, the product will not supply evidence of this indicating the claim in unsubstantiated. Furthermore, companies may make broad claims giving consumers the perception that they possess an environmentally friendly element, without there being one, just the implication of one. According to the research participant, within New Zealand there are various forms of legal greenwashing, the example provided being

Corporate Governance and Firm Value-Free-Samples for Students

Question: Prepare a report to be submitted to the AICD evaluating the evidence that the responsibility of a Company director is to place Shareholder Interests above those of other Stakeholders. Answer: Introduction Corporate governance is a type of organization or working place that deals with the functioning of the various stakeholders with an aim of earning maximum profit. There is board of directors that run or govern the organization. Any problem occurs to the organization is undertaken by the board of directors in order to solve the issue. A board of directors includes group of those representatives who looks after the behavior and the performances of the stakeholders in the organization. These representatives appointed by the shareholders of the other company that are board members of the organization. Stakeholder is a party who can be a shareholder, debtor, creditor, an investor, customers, and employees, one who does business with interest. Whole business or companys performance depends on the activity of stakeholders. on the others side, shareholders are the ones who put money into the business thereby creating more capital leading to more profit , due to which they share the amount of companys profit afterwards, play a dominating role. The report deals with the discussion on the functions of stakeholders and shareholder of the organization. By providing various features about the other stakeholders with compare to shareholders, it gives a proper reason to place the interest of the shareholder above those other stakeholders. As the Australia institute of company directors is concerned with the opinion to place the interest of shareholder above that of other stakeholders. Stakeholders Meaning Stakeholder is a party who can be a shareholder, debtor, creditor, an investor, customers, and employees, one who does business with interest. Whole business or companys performance depends on the activity of stakeholders. The decision of business is largely depends on the activities of stakeholders (Arjoon 2017). Stockholders are important because they create profit to the business or organization. Nature of stakeholder Stakeholders can be positive or negative depending on the organization work culture and environment. If the stakeholder gets success and satisfaction from the work then it is a positive stakeholder. Negative stakeholder means if an individual is unsatisfied, does not get enough success from the work and the organization. The organization is unable to fulfill the requirements of stakeholders therefore creates negative impacts on stakeholders (Boddewyn and Buckley 2017). Due to negative impacts, stakeholders might not help in the work of the organization, will not follow lean manufacturing practices. Stakeholders when acts as investors, then they deal with decision making, policies and plans of an organization to run smoothly. They also check the financial stability of the organization if the stakeholders are the committed investors. Stakeholders can be internal as well as external. Internal stakeholders are the customers, employees. For instance, if the employees do not get proper facilities or good salaries in return of their efficient and hard work, they are bound to act as negative stakeholder for those organizations and they will not be motivated anymore to help that organization in generating profit. Other way round, if the employees get good facilities and salaries, they are motivated to work more with utmost dedication and efficiency finishes their targets before time that in turn helps the organization to generate more output and profit (Coffee and Palia 2016). One who functions inside the organizational structure or in the business sphere is the internal stakeholders. External stakeholders are the ones who perform their functions outside the organization (Cumming et al. 2017). Examples of external stakeholders are the consumers, shareholders, suppliers. For instance, consumers, if not satisfied with the products they use then become the negative stakeholders and they will not invest their money in that business anymore from where they do not get satisfaction. On the other side if they are satisfied consumers then it is good for that business , because when consumer gets satisfaction, then there is more demand for that product leading to more production , as a result business earns more income (Dias, Rodrigues and Craig 2017). Types of stakeholders There are two types of stakeholders, financials stakeholders and non-financial stakeholders of an organization. Financial stakeholders are those like bondholders, whereas non-financial shareholders are the employees, customers, suppliers and non-governmental organization (NGO). Primary stakeholders are the internal stakeholders who are involved in financial transactions with the organization to earn profit. Internal stakeholders are customers, suppliers and employees. Secondary stakeholders are the external stakeholders that functions in an indirect way with the organization. They are business support group, public, media group. Employees are the main source of creating profit to the organization. With their hard work and knowledge, they contribute their work to the organization. An organization appoints an employee through interview, then training and proper job designation with an aim to earn profit. Customers are those when get satisfaction from their products, then their satisfaction creates more demand for the product to the organization. More demand leads to more production of that product leading to more sales and success to the organization. Suppliers are the ones who are engaged in supplying of the resources and raw materials. It depends on the production unit, if there is growth in sales, there will be more demand for that product, thereby if there is more demands for production then there will be increase in the supply also (Denis 2016). Nongovernmental organizations are that type of organization that runs with an aim to provide social benefit to the people. Board of directors also comes under primary stakeholders or the internal stakeholders. They hold the strong powers and responsibilities to the organization. They keep the record of the workings and the functioning of the employees. Board of directors acts as pillars to the organization. It governs the organization, creates rules and regulations for the organization to maintain standards and discipline, it appoints new employees and it reviews the performances and functions of the employees. It provides finance for the resources required to meet the targets. It creates annual budget and accounting task for analyzing the performance of the organization. Finally, it provides the salary, compensation and extra incentives to the employees for their efficient work and output. Shareholders Shareholders are those types of stakeholders who hold the company shares and profits. They considered as the most powerful stakeholders compared to others. They have the right to sale and purchase the shares of the company to trade in the stock market. They nominate the directors and the shareholders for resolution purpose. If there is a declaration then the company earns dividend (Dimopoulos and Wagner 2016). They always purchase new shares given by the company. As they are the corporate heads of the organization, therefore they are the biggest dominators of the organization. They provide financial investment to the organization using the voting powers. A shareholder and a director of an organization are different. Both cannot replace each other. Shareholder owes the company properties whereas a director directs and manages the entire system of the organization. Shareholders invest money in the organization therefore that is why they are the most dominating heads of the organization. The investment organization uses the money to purchase shares from different sectors in the market with the aim of achieving profit. Proper management in the trading and investments with efficiency will create good output and income to the organization. Impact of stakeholders on the organization- A stakeholder plays a strong role in the functioning of the organization. To maintain organization profit and stability, employees must get proper benefits and recognition from their work. Efficiency in the production of the organization creates more profit. Organization must encouragement more and more in order to create employees interest. When employees are motivated, they tend to do their work with more interest and dedication. This can benefit the organization in a long way in terms of profit and reputation. Employee motivation and good working environment creates a strong positive impact on the organization. Likewise, when the customers are satisfied with the service they get, they tend to make more and more purchase from the same business unit. More selling creates more business, leading to more profit to the business. Again, customer satisfaction adds a positive impact on the business (Filatotchev, Wright and Bruton 2017). Therefore, positive impact of stakeholders will create positive impact on the organization as well. Organizational performances determined on the functioning of the various stakeholders. Reasons to place the shareholder interest above all other stakeholders The subject of report is to provide some specific evidence regarding the decision of board for placing interest above the shareholders. The board of members makes the decision on the behalf of shareholders for the benefit of the organization. They act as a fiduciary body in order to look after the financial position of the company. They have the authority to hire the executives and to cancel their job designations. Their main functions are to set desired target to achieve maximum output and profit. The board also looks after the availability of adequate resources in order to meet the desired set targets successfully (Fox et al. 2016). The head authority also aims for efficient and efficiency of utilization of various resources and technology in order to avoid wastage of resources. It aims for creating more profit and output using the updated technology and resources. In recent times, they are focusing more and more on the fiduciary activities for the betterment of the organization financial system (Goranova et al. 2017). To place the interest of the shareholders above all other stakeholders is not as per the law but an idea given by the organizational heads. The main objective of the organization is to achieve success by surviving for long term and to make profit. The aim of shareholder is not the ultimate purpose of the organization, it invest capital to the organization (Olson and Wright 2016). They act as one of the audience to the organization just like other stakeholders. Shareholders vote for the election of the board members with addition to other kinds of the stakeholders that also work for the concerns of society. From last one year, there are collection of legal memos given by law firms of 20 countries about the fiduciary powers and rights of the boards. The memos develop in collaboration with linklaters, a global organization of law (M cConnell, jj and Qi 2016). These memos will be in G20 countries that are in collaboration with a motive to earn some profit. In case of United States, according to some law, board members, separate corporate person is equal to the duty and responsibilities of the directors to shareholders (Oyewunmi et al. 2017). Whereas on the other hand according to some jurisdiction, role of shareholder is more than just a corporate head. In Brazil, fiduciary rights mean corporation authority to non-financial stakeholders like customers, suppliers. According to board members, there are many stakeholders with their rights and duties, therefore due to this there must be a statement of purpose to issue an annual statement on significant audience and materiality (Pratheepkanth, Hettihewa and Wright 2016). The statement includes companys significant audiences or stakeholders and the non-financial stakeholders as well. To elaborate the statement, it should include the workings of various organization in relation to fiduciary rights to the corporation others stakeholders, not only the shareholders (Whincop 2017). The legal memos is distributed across various countries that are Australia, Brazil, China, Chile, Columbia, Denmark, France, Germany, Hungary, India, Italy, new Zealand, Poland, Russia, Spain, Switzerland, Turkey, United Kingdom and United States. It will be available to other parts of the world soon. There is another category principle of responsible investment for the investors regarding fiduciary authority. The principle that includes law and policy for investments on investors fiduciary authority will publish soon (Yermack 2017). In sum to build, the legal issue regarding the fiduciary rights to placed above the shareholder by the organization is a good step for the betterment and good financial growth of the corporate governance. Conclusion The report gives the meaning of corporate governance with addition to the nature and impact of various stakeholders on the organization. Corporate governance is a type of organization or working place that deals with the functioning of the various stakeholders with an aim of earning maximum profit. It provides brief note on the different types of stakeholders and their nature at the organization. As the report is to provide the reason of placing the interest of various other stakeholders above the shareholder, therefore it gives a brief summary on the shareholders and their impact and contributions to the organization. Therefore, corporate governance must place the interest of shareholders above other stakeholders in order to achieve the betterment and efficiency. References Arjoon, S., 2017. Virtues, Compliance, and Integrity: A Corporate Governance Perspective.Handbook of Virtue Ethics in Business and Management, pp.995-1002. Boddewyn, J.J. and Buckley, P.J., 2017. Integrating Social and Political Strategies as Forms of Reciprocal Exchange into the Analysis of Corporate Governance Modes.British Journal of Management. Coffee Jr, J.C. and Palia, D., 2016. The wolf at the door: The impact of hedge fund activism on corporate governance.Annals of Corporate Governance,1(1), pp.1-94. Cumming, D., Filatotchev, I., Knill, A., Reeb, D.M. and Senbet, L., 2017. Law, finance, and the international mobility of corporate governance. Dias, A., Rodrigues, L.L. and Craig, R., 2017. Corporate governance effects on social responsibility disclosures.Australasian Accounting, Business and Finance Journal,11(2), pp.3-22. Denis, D., 2016. Corporate Governance and the Goal of the Firm: In Defense of Shareholder Wealth Maximization.Financial Review,51(4), pp.467-480. Dimopoulos, T. and Wagner, H.F., 2016. Corporate Governance and CEO Turnover Decisions. Filatotchev, I., Wright, M. and Bruton, G.D., 2017. IPO s and Corporate Governance.The Oxford Handbook of Strategy Implementation, p.79. Fox, M.B., Gilson, R.J. and Palia, D., 2016. Corporate Governance Changes as a Signal: Contextualizing the Performance Link. Goranova, M., Abouk, R., Nystrom, P.C. and Soofi, E.S., 2017. Corporate governance antecedents to shareholder activism: A zero?inflated process.Strategic Management Journal,38(2), pp.415-435. McConnell, J.J. and Qi, Q., 2016. Just Talk? CEO Succession Plan Disclosure, Corporate Governance and Firm Value. Olson, J.F. and Wright, A., 2016. The Nominating and Corporate Governance Committee.Corporate Governance: Law and Practice,1. Oyewunmi, O.A., Osibanjo, O.A., Falola, H.O. and Olujobi, O.J., 2017. Optimization by Integration: A corporate governance and human resource management dimension.International Review of Management and Marketing,7(1). Pratheepkanth, P., Hettihewa, S. and Wright, C.S., 2016. Corporate Governance and Financial Performance: The Case of Australia and Sri Lanka.Corporate Governance,7(1). Whincop, M.J., 2017.Corporate governance in government corporations. Routledge. Yermack, D., 2017. Corporate governance and blockchains.Review of Finance,21(1), pp.7-31.

Monday, April 20, 2020

The Effect of Heat and Growth on the Survival of Bacteria free essay sample

Aims The purpose of the two experiments was to determine the fundamental effects that temperature has on the growth and survival of bacteria. During the first experiment five different bacterial broth cultures of Escherichia coli, Pseudomonas fluorescens, Enterococcus faecalis, Bacillus subtilis and Bacillus stearothermophilus were individually incubated at temperatures of 5, 25, 37, 45 and 55Â °C for one week in an aim to distinguish the effect temperature has on growth and survival of the five different species. After one week they were observed for distinguishable changes by the turbidity showing an indication of bacterial growth, or the clarity an indication of no survival. The second part of the experiment was to examine the effect temperature had on the survival ability of the five bacteria mentioned above. One of the five bacterial species were allocated per work bench for individuals to create broth culture with and expose to temperatures of 40, 60, 80 and 100Â °C for 2, 5, 30 and 90 minutes.

Sunday, March 15, 2020

Free Essays on Lady Lazarus

to describe her innermost thoughts and revelations of how she perceives her life. In Protean Poetic, Broe states that Plath spoke of her later poems, â€Å" I speak them to my self†¦.and what ever lucidity they may have come from, the fact that I say them to myself, I say them out loud.†(160) Writing to herself was a type of therapy, as was her suicide attempts. Sylvia Plath was an intelligent women who thinks that the root of all evil are men and gives a well rounded description of this in her writing and throughout her life. Sylvia Plath was born to Otto Plath and Aurelia Schober in 1932, in Boston. Her parents were both of German descent and teachers at Boston University. In Literary Lives: Sylvia Plath, Linda Wagner-Martin says in her toddler life she already became angry with the male gender, as her parents favoured her brother Warren over her.(4) Her inability to love the opposite sex started at a very early age. She grew up in an well disciplined home, where her father was the centre of her mothers attention. It is possible that Plath became envious of the power that men had over women which taunted her throughout her life. Plath was clinically depressed from a young age and struggled with every year to make it to the next, to the time she successfully committed suicide. In â€Å"Lady Lazarus†, Plath depicts her life and suicidal obsessions. She became so angry at men after her father died and left her, as she writes in â€Å"Daddy.â€Å" Plath feels her father stopped loving her by dying and in the poem she writes â€Å"Daddy, I have had to kill you./You died before I had time†¦.†(2.6-7), and that was the reason why, she was who and what she became. Plath blames her father for her hatred towards the male gender and her unwillingness to accept things the way they are. â€Å"Lady Lazarus† is a poem reflec... Free Essays on Lady Lazarus Free Essays on Lady Lazarus â€Å"Lady Lazarus† by Sylvia Plath is a well written autobiography of her life. She cleverly uses words to describe her innermost thoughts and revelations of how she perceives her life. In Protean Poetic, Broe states that Plath spoke of her later poems, â€Å" I speak them to my self†¦.and what ever lucidity they may have come from, the fact that I say them to myself, I say them out loud.†(160) Writing to herself was a type of therapy, as was her suicide attempts. Sylvia Plath was an intelligent women who thinks that the root of all evil are men and gives a well rounded description of this in her writing and throughout her life. Sylvia Plath was born to Otto Plath and Aurelia Schober in 1932, in Boston. Her parents were both of German descent and teachers at Boston University. In Literary Lives: Sylvia Plath, Linda Wagner-Martin says in her toddler life she already became angry with the male gender, as her parents favoured her brother Warren over her.(4) Her inability to love the opposite sex started at a very early age. She grew up in an well disciplined home, where her father was the centre of her mothers attention. It is possible that Plath became envious of the power that men had over women which taunted her throughout her life. Plath was clinically depressed from a young age and struggled with every year to make it to the next, to the time she successfully committed suicide. In â€Å"Lady Lazarus†, Plath depicts her life and suicidal obsessions. She became so angry at men after her father died and left her, as she writes in â€Å"Daddy.â€Å" Plath feels her father stopped loving her by dying and in the poem she writes â€Å"Daddy, I have had to kill you./You died before I had time†¦.†(2.6-7), and that was the reason why, she was who and what she became. Plath blames her father for her hatred towards the male gender and her unwillingness to accept things the way they are. â€Å"Lady Lazarus† is a poem reflec...

Friday, February 28, 2020

The Youth Support Act 2012 (Fictitious) sets out newly agreed services Essay

The Youth Support Act 2012 (Fictitious) sets out newly agreed services that Local Councils in Wales are obliged to provide for y - Essay Example As part of its statutory obligations to provide support for young people, the Bangor City Council has agreed to fully and part fund qualifying young people to attend Tree Tops. Due to some hostile policies of the City Council, some students cannot enjoy the provisions of The Youth Support Act 2012. This paper will analyze the different grounds for bringing a claim with reference to each of the relevant parties. The paper will pay particular attention to points for both appellant and respondent. Claims for Pricilla The Bangor City Council has recently decided that it will only fund a complete academic year’s attendance at the youth club. As a result of this policy, the Council refuses individuals to enjoy the benefits of the fully or part funding scheme before the age of five and if they turn fifteen within the academic year. On the ground of this funding policy, the Council refused to include Pricilla who is 14 years and 2 months old in this funding scheme. The Council argues that Pricilla can obtain only 10 months’ attendance at the youth club before she turns fifteen and hence she is not eligible for enjoying this particular funding scheme. Here, Pricilla can claim that the Tree Tops club provides recreational activities for young people aged between 11 and 16 and therefore she cannot attend the program if she is refused funding for the scheme on this age basis. Pointing to this, she can argue that the Council should raise the age limit to 16 so as to assist maximum young people to take part in the Tree Tops. Furthermore, Pricilla may demand part funding scheme because she is yet to attain the age of 15. In other words, she can obtain attendance for 10 months before she turns fifteen in the current academic year and therefore she must receive a proportionate funding. However, these arguments may not be valid or justifiable in the eyes of law. It is important to note that The Youth Support Act 2012 defines a young person â€Å"as someone between the ages of five and fourteen years old†1. According to this definition, Pricilla is not eligible to obtain the protection of this Act because she is currently 14 years and 2 months old. More precisely, she is not a beneficiary of the Youth Support Act 2012. The Bangor City Council policy framework clearly states that it will refuse to allow anyone onto the fully or part funded scheme if the candidates turn fifteen within the academic year. Hence, it cannot be claimed that the Council violated Pricilla’s rights provided by this Act. In an ethical perspective, Pricilla should be allowed to enjoy the protection of this Act and not be refused funding for the scheme on the ground of age eligibility cut-offs. If she is disqualified by the Council based on age criterion, she may not be possible to attend Tree Tops in her life because this club will not admit candidates aged over 16. Claims for Amreen and Nabeel Amreen, a 14 year old girl qualified for the full funding scheme was told by the Tree Tops that she would not be permitted to wear her religious headscarf owing to concerns over her personal safety during game activities. Although Amreen agreed to remove her headscarf, her brother Nabeel is outraged by the decision of the Tree Tops. In this case, Nabeel can argue that the Tree Tops had refused his sister’s fundamental rights by asking her to remove the religious headscar

Wednesday, February 12, 2020

Timber Certification in the Building Industry Dissertation

Timber Certification in the Building Industry - Dissertation Example tion gathered through interviews with forestry officials on the timber certification methods and their company history respectful of the sustainable forest management process. These interviews will focus on timber companies who have and have not received timber certification and the impact both have their business relationships with manufacturers and consumers. Primary/Secondary Sources The primary sources are very much dedicated to one of only a few certification groups, TRADA, and the main players. The main players in timber certification include the Forest Stewardship Council (FSC), WWF 1995plus, PEFC, and, UKWAS as these groups are all related to the manufacturing side of the forestry industry. There are mainly two forms of primary sources to be used: journals, internet and company interviews in an effort to not only relay what, if any, timber certification has on both the forestry industry as well as on consumer impact. It will be important through interviews to obtain whether certification is fully understood or whether consumer's and merchant's tend to take heed of what certification means to them and the forestry industry in general; or, if there is a lack of understanding by both parties of what certification means. Through using questionnaires and interviews with these two parties will provide empirical data to be used in analysing whether timber certification is fully understood by the general public and if this information is being provided adequately by forestry industry officials. Secondary sources are entirely related to building and trade merchants and how timber certification can affect their business relationships with the manufacturing sector. This also includes the processes that have been put forward in developing forest management standards... The primary sources are very much dedicated to one of only a few certification groups, TRADA, and the main players. The main players in timber certification include the Forest Stewardship Council (FSC), WWF 1995plus, PEFC, and, UKWAS as these groups are all related to the manufacturing side of the forestry industry. There are mainly two forms of primary sources to be used: journals, internet and company interviews in an effort to not only relay what, if any, timber certification has on both the forestry industry as well as on consumer impact. It will be important through interviews to obtain whether certification is fully understood or whether consumer’s and merchant’s tend to take heed of what certification means to them and the forestry industry in general; or, if there is a lack of understanding by both parties of what certification means. Through using questionnaires and interviews with these two parties will provide empirical data to be used in analysing whether timber certification is fully understood by the general public and if this information is being provided adequately by forestry industry officials. Secondary sources are entirely related to building and trade merchants and how timber certification can affect their business relationships with the manufacturing sector. This also includes the processes that have been put forward in developing forest management standards in order to look toward further sustainable forest management. Tertiary empirical data can be gathered in an effort to recognise.

Friday, January 31, 2020

Consultancy Report Essay Example for Free

Consultancy Report Essay As a subsidiary of one of the largest cosmetics organizations in the world, you are in a position to dramatically increase your potential and further capitalize on your brands recognition. My hope is that you will establish and maintain a broader, more diverse customer base and increase your overall profitability. Based on an in-depth analysis and research conducted on your organizations behalf, I have identified several problematic areas in need of immediate attention. The following document will serve to provide valuable information to address these issues accordingly. One such issue and perhaps one of the most crucial is that of the organization’s brand awareness levels in the United Kingdom. This is due in part to the fact that Mary Kay U.K. is not as widely recognized in the United Kingdom as it is in the Americas. I recommend increasing your presence to reach potential customers who would otherwise be unaware of your organization. We will seek to address the significant growth of new potential competitors while developing a means of competing effectively against already established competitors. You will learn of new methods in which to remain relevant and a viable global contender in the cosmetics industry. New products will serve to provide your organization with a competitive edge and differentiate your organization from all its competitors. New policies and changes in the organization’s infrastructure will increase employee satisfaction an important factor for employee retention. These enhancements to the organization’s current dealings can ultimately increase profitability, improve customer satisfaction levels, and increase employee productivity. As Mary Kay U.K. adopts these changes and once in effect, there will be a need to take on additional employees to tend to the day-to-day operations and supplementary qualified/experienced executive-level professionals, allowing for a more focused approach on the management aspects of the organization. Effective documentation of the organization’s financials will allow for more educated and informed decision-making procedures. Adequate fiscal records serve as effective management tool for predicting future success, identify problem areas and to make decisions that will assist in the organization’s overall effectiveness. In addition to significantly changing the inner workings of the organization in the United Kingdom, substantial changes to the organizations image and frontend interfaces may be required to assist with the issue of brand awareness. The organization must become a well-oiled machine internally as well as an aesthetically pleasing entity for potential customers, future investors and for those considering strategic business alliances. Creating a more convivial atmosphere with which your organization would then be associated will give these interested parties a respectable first impression. It is apparent that lacking presentation and unfocused management gives rise to the decrease or stagnation of profitability and employee retention. Changes to policy, organizational image, and infrastructure will not only prove beneficial but may in fact be necessary for the success of the organization and its future viability within the United Kingdom. In addition, there must be changes in customer behavior to increase the probability of the organization’s adoption. The organization needs to appeal to a broader customer base after shifting consumer views of cosmetics to match that of American consumers. Thus, by implementing novel, eye-catching, and feeling invoking imagery or advertisements, people will in turn be more inclined to purchase Mary Kay products. In order to be more successful, I recommend the transformation of current marketing strategies. Implementation of a marketing plan that encompasses the arguably successful word-of-mouth strategy in addition to overt and persistent adverts by way of social media will benefit the organization’s image. Because a constant stream of information pertaining to the actual products will allow the consumer to easily recall the information and develop a need for the product as presented by the advertisement. In addition, there must be a vested interest in appealing to the variety of potential consumers within the United Kingdom. Mary Kay U.K. would be wise to capitalize on United Kingdom’s ever-growing and diverse population, via the translation and representation of the multitude of languages spoken within the target areas of operation. This will allow for a more comfortable customer experience and personalized identification with the Mary Kay brand. Brand Awareness is at an all-time low as target populations fail to recognize the Mary Kay Brand. The organization must increase its visibility in the growing cosmetics market in the United Kingdom. This is possible with improved advertising and re-imagined brand association. Increased brand recognition will assist with declining profits. The proposals presented in this consultancy report, should Mary Kay U.K. opt to adopt them will serve to promote the organization’s business aptitude and increase overall profitability and effectiveness. My hope is that this educated and informed counsel will effectively navigate the organization into a state of increased viability and the optimization and growth of Mary Kay U.K. business operations and clientele. INTRODUCTION This consultancy report will serve to provide the Mary Kay U.K. Ltd. Subsidiary of Mary Kay Cosmetics with informed suggestions to increase the organization’s revenues and improving the day-to-day dealings of the organization from a management perspective. Following extensive research of the organization’s operations, I have prepared a comprehensive examination of the organization in its entirety. This research has been comprised of a thorough analysis of the organization’s fiscal and promotion facets. This report also takes into account the consumer aspect of the organization, and the organizations image as viewed by the public. In addition, it will serve to demonstrate the manner in which the target audience does or fails to accept this image. Crucial organizational issues have been identified and addressed accordingly, supplemented with recommendations for minimizing or eliminating potentially negative effects. These suggestions may prove insightful for the achievement of further profitability and consumer satisfaction should the organization choose to implement any or all of the changes proposed in this report. The information provided in this report comes via thorough research and analytical dismantling of data and industry trends and its reassembling in the form of a well-formulated business plan. Suggestions provided will seek to address Mary Kay U.K.’s organizational structure, the organization’s inclination to incorporate a corporate social responsibility element, consumer satisfaction, employee turn-over rates, decreasing or non-existent profits, brand recognition and awareness among target consumers and product quality, to name the most imperative of organization’s issues. In all, if implemented, these changes could ensure a significant turnaround for the Mary Kay U.K. entity. Numbers will rise to the status of or potentially rival those of its American contemporary. The organization would hold a strong position before its global competitors and open the door for future business strategic affiliations. The organizational redesign will prove beneficial for Mary Kay’s United Kingdom division as an organization, for the consumers now receiving increased quality services, and for the leveling of the cosmetics industry in the United Kingdom. ANALYSIS OF CLIENT BUSINESS Company Description and History Mary Kay Inc. is one of the largest cosmetics companies in the world to date. Headquartered in Addison, Texas at 16251 Dallas Parkway Addison, TX 75001 in the United States, it has manufacturing plants located in Dallas, Texas, Hangzhou, China and La Chaux-de-Fonds, Switzerland for its European market. Mary Kay Inc. operates as a subsidiary of Mary Kay Holding Corporation. Founded by Mary Kay Ash in 1963 and based on personally established values that guided her everyday life she sought to help women live the life of their dreams. Company values include integrity, honesty and a belief in the Golden Rule; â€Å"Do unto others as you would have them do unto you.† The mission, to assist and provide the vehicle that would allow prospective independent beauty consultants to have their respective dreams come true via the distribution, promotion, and retailing of a handful of products. Mary Kay Inc. identifies itself as a â€Å"Generation Everything† organization, meaning it serves everyone from all walks of life and of all ages. The organization recently posted that its revenues are up to 3 billion due to sales in its 35 + markets globally. All made possible by its 25 million global independent sales force.

Thursday, January 23, 2020

Scotland at the time of Robert Burns :: essays research papers

Burns was born just before George III came to the throne in 1760. America declared her independence when Burns was 17 and the Paris mob sacked the Bastille to start the French Revolution in 1789, when the poet was 30. Revolutionary ideas were in the air during the life of Burns and he was affected by this trend. Scotland and England had only finally joined through the Union of the Parliaments in1707 and there was still a resentment against the loss of independence which has continued to the present day. The years after the Union had not been quiet ones and rebellions had taken place in 1715 and 1745 ending in the disaster at the Battle of Culloden in 1746 which effectively destroyed the Jacobites and the clan system is in the Highlands, But by the second half of the eighteenth century things had begun slowly to change for the better in Scotland. Agriculture, industry and trade began to expand in the first stages of the Industrial Revolution which was to transform Scotland over the next hundred years. Around the time of Burns birth the average Scot lived in the country and worked the land. This average person would travel no more than 20 miles from their own birthplace in the course of their lifetime. When Burns wrote about the land described experiences that were real for the vast majority of the Scottish People who still struggled to make a living from it. At the time, from around 1740 onwards, Edinburgh became famous throughout Europe as a centre for philosophy, medicine, science and publishing during what came to be known as the "Scottish Enlightenment". Burns may have been born into a humble family but he wasn’t uneducated. He was well read in literature and politics, knew something of foreign languages and the classics and had a keen ear for music.

Wednesday, January 15, 2020

Financial Reporting HSBC Bank Essay

HSBC bank is a branch of HSBC Holdings plc and has its headquarters based in London. The bank provides a wide range of financial products and services to individuals, governments, non-governmental organizations and companies. It provides banking products and services in the domestic as well as the international market (Gianaris, 2001). HSBC group of banks is one of the organizations of its kind that offers the largest banking and financial services all over the world. The company has 8,500 offices in 86 countries and territories in Europe, Hong Kong, Asia, Middle East, North America and Latin America. The company has been listed in the stock exchange markets of London, Hong Kong, New York, Paris, and Bermuda (Jao, 2001). The company has about 220,000 shareholders in 119 countries and territories. The company provides a wide range of products to its over one hundred million customers. The company has four categories of customer groups and businesses: Personal Financial Services, Commercial Banking, Global Banking and Markets and private Banking (Gardener & Versluijs, 2001). Financial reporting is the process of compiling the formal records of the financial activities of an organization or an individual. It involves preparing the financial statements of a company. The organization aims at finding out its financial position in the short run or in the long run period. The HSBC bank prepares its financial reports according to the generally accepted accounting principles of Canada (Mcmenamin, 1999). Financial Reporting History The company prepares financial reports annually, semi-annually and quarterly. The company files interim reports after every three or six months, that is, semi annual and quarterly financial reports. These reports reveal the financial performance of the company for the stipulated period of time (Das, 2004). The companies linked with HSBC bank are required to prepare semi-annual reports. On the other hand, quarterly reports are not compulsory for all countries. Regulations regarding the format of interim reports differ in each country. The interim reports may be short or long depending with the country. The date for filing the interim reports also vary with the different countries (Pietrobelli, Ffrench-Davis, Zamagni, & Ocampo, 2000). The history of preparing interim reports by the bank can be traced back to the mid-year of 2002. The quarterly reports started being in operation with the first quarter of year 2003. The financial reports are essential to the researchers and that is why the company requires adequate filing of all financial statements of the bank (Mcmenamin, 1999). The company maintains timely preparation of its financial reports. It uses web crawler technology to track and update the financial records. The system of preparing financial reports is very functional since it uses PDF format. This computer program allows the documents to be searched easily and can be copied into other documents more easily. The size of the PDF documents allows them to be downloaded more easily. The financial reports are presented in full-color native PDF for ease in reading them. The interim reports are easily obtained through the Global Reports Library on Research and Markets (Pietrobelli, Ffrench-Davis, Zamagni, & Ocampo, 2000). The accounting policies of the HSBC bank comply with the International Financial Reporting Standards. The interim consolidated financial statements are prepared according to IAS 34, according to International Accounting Standards Board (IASB) and the European Union (EU) (Das, 2004). The bank has abandoned the IAS 32 since March 2009 since this standard required the bank to offer its shareholders rights so that they could be identified as derivative financial liability. This was done to ensure that the reports presented position of the bank as being true and fair, also, to ensure that the reports give a true and fair view of the assets, liabilities, financial position and profit or loss of the company (Jao, 2001). The International Financial Reporting Standards (IFRSs) endorsed by the IASB may differ with those endorsed by the EU. But recently there have been no amendments on the standards endorsed by IFRS and those endorsed by the EU. The IFRSs make up the standards provided by IASB and the interpretations provided by International Financial Reporting Interpretations Committee (IFRIC). The interim consolidated financial statements must include comparative information. This is a requirement by the IAS 34, UK Disclosure and Transparency Rules and the Hong Kong listing rules (Gianaris, 2001). Estimates and assumptions about the future state of financial affairs are used when preparing financial information. The estimates are prepared from the information available as well as use of judgment of the people preparing them. However, the real results might be different from the estimates in the future (Pietrobelli, Ffrench-Davis, Zamagni, & Ocampo, 2000). The interim consolidated financial statements of the bank consolidate the financial statements of HSBC Holdings and its subsidiaries. The company adopts the revised and amended standards of IASB and endorsed by the EU. The application of the revised standards is done as per the acquisition date of the business or after the beginning of the first annual financial period of the year (Pietrobelli, Ffrench-Davis, Zamagni, & Ocampo, 2000). Accounting Policies Interest income and expense- This refers to all financial instruments except for those classified as held for trading or designated at fair value in the income statement using the effective interest method. Through the effective interest method, the financial liability is calculated and interest income is allocated over the relevant period (Gianaris, 2001). Non-interest income- This comprises the Net trading income which is composed of all gains and losses from changes in the fair value of financial assets and financial liabilities held for trading as well as the related interest income, expense and dividends. Net income from financial instruments designated at fair value and dividend income also comprises the non interest income (Jao, 2001). Segment reporting- The HSBC holdings conduct its businesses in several countries and offer a wide range of consumer products. Segment income and expenses must be transferred accordingly. Gains and losses for each segment must be accounted for separately so as to achieve the profitability of each (Das, 2004). Determination of fair value. Fair value of financial liabilities is determined using the quoted market prices where available or using valuation techniques. The fair values include assessment of market participant concerning the appropriate credit spread to apply to the liabilities of the company (Gianaris, 2001). Loans and advances to banks and customers- These include loans and advances initiated by HSBC which are not grouped as either held for trading or designated at fair value. Loans and advances are recognized when cash is advanced to borrowers (Gardener, & Versluijs, 2001). Impairment of loans and advances. Losses for impaired loans are recognized when there is objective evidence that the loans have been impaired. Impaired loans are recorded as charges to the income statement. Losses expected from future events are not recognized (Jao, 2001). Corporate Governance Analysis The bank has established commitments to maintain high standards of corporate governance. Over the last financial year, the bank has maintained compliance with the Combined Code on Corporate Governance released by the Financial Reporting Council. It has also complied with the Code on Corporate Governance Practices in Appendix 14 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (Pietrobelli, Ffrench-Davis, Zamagni, & Ocampo, 2000). The management of HSBC bank has appointed several committees to deal with several corporate activities of the bank. The board committees consist of directors, group managing directors and co-opted non-director members. The principal committees are Group Management Board, Group Audit Committee, Remuneration Committee, Nomination Committee and Corporate Sustainability Committee (Das, 2004). The directors have the duty to conduct internal control within the bank. They also review how effective the internal control system is operating. Controls have been designed to safeguard assets from unauthorized use and disposal. These controls ensure that proper financial accounts are maintained and that the financial information contained in the records is reliable. The system of internal control is designed to prevent frauds, errors, material misstatement or losses in the business. The system also ensures compliance with rules set up by the Financial Services Authority, which is the body which regulates the activities of HSBC (Jao, 2001). There are corporate policies to safeguard the bank against operational and Reputational risks. The bank has set up procedures to ensure that the risks are minimized. These risks are concerned with the issues relating to the environment, social and governance activities. The bank follows guidelines provided by the Association of British insurers concerning the best response to the issues affecting the company and its stakeholders (Das, 2004). The company aims at managing the risks associated with the health and safety standards of its operations. The bank is responsible to get rid of risks concerning fire, injury and accidents that may affect its workers and visitors. Group Corporate Real Estate sets up the rules concerning health and safety of the company. The implementation of these policies is done by Health, Safety and Fire Coordinators who are located in every country the bank operates. The bank has remained prepared to protecting its employees from terrorists. There are security review functions which have been set up to assist manage health and safety of the staff, assets and buildings of the company (Gianaris, 2001). The bank maintains a good communication network with its stakeholders. Individual and institutional customers are regularly informed about the operations of the bank. Timely response to the customer needs is given a priority to ensure good relationship is maintained. Annual general meetings are held to ensure that all stakeholders are informed of all activities of the bank over a given period of time (Gardener, & Versluijs, 2001). Conclusion The general organization of HSBC company stands no doubt that it will remain successful in the future. The corporate governance ensures that the mission and vision of the company are achieved. The accounting policies of the bank are in compliance with the international standards. The accounting policies ensure that the accounting procedures are carried out in a professional manner. The company has performed well in the market and if it continues with these strategies it will achieve much. References Mcmenamin, J, 1999, Financial Management: An Introduction. Routledge. London. Pietrobelli, C, Ffrench-Davis, R, Zamagni, S, & Ocampo, J, A, 2000, Financial Globalization and the Emerging Economies, United Nations. Santiago. Jao, C, Y, 2001, The Asian Financial Crisis and the Ordeal of Hong Kong. Quorum Books. Westport, CT. Das, D, K. 2004, Financial Globalization and the Emerging Market Economies. Routledge. New York. Gianaris, N, V, 2001, Globalization: A Financial Approach. Praeger Publishers. Westport, CT. Gardener, E, P, M, & Versluijs, P, C, 2001, Bank Strategies and Challenges in the New Europe. Palgrave. New York.