Tuesday, May 12, 2020
Social Media And Its Effects On Society - 1296 Words
Algorithm has become a term that is constantly intertwined with social media. Online platforms have become a place where archives and algorithms are used to provide us with content as well as a platform for users to participate and share information (Louw Carah, 2015). Algorithms are used to connect people to the content that interest them without the need to search for it on their own (Hallinan Striphas, 2014). Charlie Brookââ¬â¢s Black Mirror episode, Be Right Back (2013), has triggered us to think about how the information that we share on social media is archived and used to create customised forms of content and continuously engage us on media platforms. In this essay I will be discussing key ideas drawn from the episode. Firstly, databases are created from archives which grow as participation of users increase over time. Secondly, the information is made useful by sorting and analysing them with algorithms to create customised content for users. Thirdly, personalisation of content has benefits, however, it raises some consequences on the society. I will further illustrate the ideas from real world examples such as Netflix and Facebook. Databases are created from accumulation of archives as users participate. Data is any type of content that is collected from activities that happens on the platform converted to a digital form (Carah, 2016). Platforms watch and learn userââ¬â¢s actions to predict future behaviours (Louw Carah, 2015). In the film, the media platform wasShow MoreRelatedSocial Media And Its Effects On Society1597 Words à |à 7 PagesSociety Crumbles into Smithereens One Post at a Time You are walking out of the new Star Wars movie, posting about how superb it was, when suddenly you are swooped up and thrown in the back of a vehicle. No one would have thought posting about how you were there earlier would provoke such a situation. After all, social networking is ââ¬Å"safeâ⬠and ââ¬Å"friendly.â⬠Now, social media is defined as ââ¬Å"A form of electric communication through which users create online communities to share information,â⬠accordingRead MoreSocial Media And Its Effect On Society1711 Words à |à 7 Pagesinfluence usually are not the first words you would expect to come to mind when thinking about the term ââ¬Å"social media,â⬠yet with a little digging you will soon realize it could be the perfect description. Social media can be defined as forms of electronic communication through which users create online communities to share information, ideas, personal messages and other content. Most often social media is understood as a p ositive concept because of the ways it has allowed us to attain cheap and easilyRead MoreThe Effects Of Social Media On Society1359 Words à |à 6 PagesIn a broad sense, Social media refers to elements such as websites, television, blogs, IM, and other applications that enable users to create and share various forms of content such as messages, pictures, and information, or to be able to participate in social networking. Social media depends on web-based applications, which allow a high level of virtual interaction on various levels such as social, professional, and educational levels. Social media has had various contributions to the developmentRead MoreSocial Media And Its Effects On Society1592 Words à |à 7 Pagesdevelopment of vast social media networks has improved our communications and interactions. These networks, such as Facebook and Twitter, are essential to how information is shared and criticized. The Social Media Handbook defines social media as ââ¬Å"networked information services designed to support in-depth interaction, community formation, collaborative opportunities and collaborative workâ⬠(Hunsinger, 2014 p.1). Having an account or profile on these sites is more than a social norm; it is a requirementRead MoreSocial Media And Its Effects On Society1359 Words à |à 6 PagesPeople may say social media is good for you but is it really? Everyday, everywhere I always see people on social media calling people bad names, not being able to communicate face to face with each other. Social media, social media, social mediaâ⬠¦ oh what is has done to the world, so many students grades have dropped, criminals PROMOTE crimes. Ultimately, what is at stake here is social media will one day take over the world. Peopleââ¬â¢s safety will be in danger, crimes will increase, people will getRead MoreSocial Media And Its Effect On Society1601 Words à |à 7 Pagesrecent editorial titled ââ¬Å"Hazards of Social Mediaâ⬠on your LinkedIn page on February 10th, 2016. It was very interesting to read your perspective on social media and its effect on society. Having an undergraduate major in Psychology at the University of Southern California and currently conducting research on social media usage at the Brain and Creativity Institute of USC, I have spent significant time researching the issue of social media.Though I agree that social media can be hazardous if not used effectivelyRead MoreSocial Media And Its Effect On Society998 Words à |à 4 Pagesis bound to be a shift in social norms. As the times change, so does societ al views on acceptable values. One such possibility is the standard value accepted by mainstream society in which the way a female body is sexually portrayed in the media. It appears that society has not only accepted this standard, but has increasingly encouraged a more sexualized representation of the female body. Social media is an informational highway about what is accepted by the larger society and inferred by the individualsRead MoreThe Effects Of Social Media On Society Essay1644 Words à |à 7 PagesSocial media has become prominent parts of life for many young people today. Most people engage with social media without stopping to think what the effects are on our lives, whether positive or negative. Are we as a society becoming more concerned with Facebook friends than we are with the people we interact with face-to-face in our daily lives? What will the longterm effects of today s social media use be? There are many positive aspects, but there are equally as many dangers that come withRead MoreSocial Media And Its Effect On Society1151 Words à |à 5 PagesSocial Media The Workplacesââ¬â¢ Largest Enemy Being employed means that an individual will in most cases have coworkers and bosses; the environment shared between the employees is known as the workplace. In the time before technology, people being fired from their jobs was not an unheard of situation. The difference now is people are being terminated from their jobs because of something they posted on social media. If this was not the case, it would set a precedent that posting inappropriate or hurtfulRead MoreSocial Media And Its Effects On Society Essay1396 Words à |à 6 PagesIn our modern world, the use of social media is overwhelming and second nature due to the availability. Several people all around the world possess some form of an electronic device that is capable of accessing social media, rather it be Facebook, Twitter, Snapchat, Instagram, and many more. ââ¬Å"Technologyââ¬â¢s rampant popularization over the past decade in terms of social media has meant that texting, Facebook, and Twitter have inevitable take n over as the most efficient ways of communicating with each
Wednesday, May 6, 2020
Christianity s Use Of Islamic Silk - 936 Words
When speaking about cultural exchange, there is always a coexistence of an official cultural attitude and the kind of contact that grows from more habitual social interaction. The process of cultural exchange is similar between the silk used to wrap St. Lazarus and earlier pagan imagery. Early Christians were able to draw from a rich artistic environment when they set out to depict their stories and beliefs in decorative contexts. This often led to the cultural adoption or assimilation of pagan artistic styles and images into art. The artisans who created Christian images did so by using the examples of art and decoration that shaped their artistic landscape. Even though the belief systems were different from pagan religions many of the images generated were quite similar to those that adorned the walls and floors of buildings belonging to their pagan neighbors. The same is true of Christianity s use of Islamic silk. The early images of Christ portray a young beardless man who bears a strong resemblance to the god Apollo of the Greco-Roman world. This isnââ¬â¢t to say that Christians confused the two, but rather that they chose an image of a pre-established deity with noble associations to portray their idea of the sacred. Helios the Greek god of the sun is another ancient pagan figure whose image is used through monotheistic art; both Christians and Jews used the image of the Greek god of the sun in religious contexts. The Greek deity was most commonly depicted in aShow MoreRelatedAncient Islamic Worlds And The Medieval Period1434 Words à |à 6 Pagesdone some kind of trading in their history. This trading could be man-made, food, spices, or even more idea ridden things like ideology, movements, and idealism s. Although the trading of the man made things are easier than the idealism that are trades, those idealism still can and has effected a lot of civilizations. In Ancient Islamic worlds, the Byzantium Empire, and even during the medieval timer period t hey all have social and physical interactions with each other. Weather those changes endedRead MoreAfrican Civilizations And The Spread Of Islam1745 Words à |à 7 PagesEast Africa The Coastal Trading Ports The Mixture of Cultures Peoples of the Forest and Plains: Artists and Kings; Yoruba and Benin Central African Kingdoms The Kingdoms of Kongo and Mwene Mutapa â⬠¢ 800-1500 C.E. Byzantium and Islamic contact outside of Africa increased with assistance from changes in social, religious and technology â⬠¢ Islam spreads to India reveals religious, commercial and military attributes â⬠¢ Muslim Africa linked to Islamization through politics, trade andRead MoreThe Movement Of The Indian Ocean1517 Words à |à 7 Pagesworld. The first millennium was a time where, the Mediterranean was influenced deeply influenced by the Phoenician culture, they developed their own language that helped to expand trade through the communication of different civilizations with use of the Phoenician alphabet. This landmass slowly integrated more so than ever with the spread of language helping with making civilizations one network. In the sixth century, the Persian empire made the Mediterranean and Indian intertwined, when theRead MoreEssay on Change Analysis Chart Postclassical (600-1450 C.E.)8730 Words à |à 35 PagesPaxà Mongolica? | * Trade was very international. * Silk roads linked Eurasia, and goods traded hands many times along the roads. | * There was still international trade. * The silk roads were still in use as major trade routes. | * New trade routes were made, such as the Indian Ocean routes, and old routes were expanded upon, like the silk roads. * Trade routes became more safe under the pax romana. | * Trade was still very global. * The Silk roads bcame even more developed and the IndianRead MoreWorld Civ Quiz3656 Words à |à 15 PagesThe desire to spread Christianity 3. The first European nation to dominate trade with Asia was A. EnglandB. Spain C. Portugal D. France 4. The Portuguese viewed the Atlantic Ocean islands as the perfect location for the cultivation of A. Cotton B. Sugarcane C. Indigo D. Maize 5. Which of the following was not a reason for the European interest in finding a maritime trade route? A. The spread of the bubonic plague made the silk roads more dangerousRead MoreIslamic and Christianity Essay13431 Words à |à 54 Pagessought to make all of the empire [of Songhai] one big Muslim community. Although he did not succeed in converting the entire Sudan [region bordering the southern Sahara] to Islam, he remodeled his empire along Islamic lines as far as possible. Legal and social ref orms were introduced, Islamic judges were appointed in all the large districts of the empire, and justice was administered according to Muslim principles rather than traditional African laws. The court of Askia Mohammed was the highest courtRead MorePluralism in Islam3199 Words à |à 13 Pagesconception of how a country s various religious communities relate to each other and to the larger nation whole.1 Base of Islamic Pluralism in the Light of Quran Reference to Islamic views on religious pluralism is found in theà Quran in a number of places. In order to understand Muslim attitudes towards other religions, a detailed study of Quranic verses is required. The most important principle Muslims have accepted and employed in reference to this issue throughout Islamic history in the light ofRead MoreThe Origin Of The Mongolian People1729 Words à |à 7 PagesVisigoths, to argue whose religion was the correct one. Some Christians believed that the sack of Rome was God s wrath against a corrupt city, and it was because of God s mercy, that the sack wasnââ¬â¢t as severe as it couldââ¬â¢ve been. On the other hand, some Romanââ¬â¢s thought that the sack occurred because they turned away from their pagan gods to Christ . The Pagans believed that Christianity made them neglect their old traditions, political values, and made their judgment weak, all of which caused theirRead MoreGenghis Kh The Great And France s Napoleon Bonapart e Essay1893 Words à |à 8 PagesThey do not dispute that he was a ruthless conqueror responsible for the deaths of thousands of innocent people. Yet, some of these experts point out, so were a number of larger-than-life Western military leaders, including Greece s Alexander the Great and France s Napolà ©on Bonaparte (Nardo, Don 2011). Not enough credit has been attributed to the Mongol Empire for their nonmilitary achievements. The period of Mongol rule has been called Pax Mongolica meaning Mongol Peace and is used to describeRead MoreThe Theory Of Convivencia Between Christians And Muslims1912 Words à |à 8 Pagesrules such as granting non-Muslims with the status of dhimmi, essentially making them second-class citizens which by todayââ¬â¢s standards would undoubtedly lead to the theory of convivencia being somewhat unpersuasive. However, relative to this era, Islamic Iberia was the apex of religious tolerance, immensely surpassing the level of tolerance in surrounding n ations and empires. Montgomery Watt goes as far to say that under Muslim rule, Jews and Christians were considered as ââ¬Å"People of the Bookâ⬠who
Disney Case Free Essays
Has Disney diversified too far in recent years? Disney is a brand multiplier enterprise, for example, with the Disney brand do multiplier, multiplied by a variety of means of operation in the back to get the maximum profit. Such business thinking amorphous, Disney began to put most of the profits completely turned to film and television products produced outside. Disneyââ¬â¢s happy culture behinds additional full commercial culture, art downright commercialization. We will write a custom essay sample on Disney Case or any similar topic only for you Order Now Disney has introduced a Ministry exquisitely cartoons should vigorously promote the launch of each movie to play at the box office, earned the first round of release prints and videotapes. Then the follow-up product development, the theme park is one, each put a cartoon theme park to add a new character, creating atmosphere in the movies and the park, allowing visitors to visit the theme happily Park, Disney thus earned the second round. The then branded products, Disney in the United States and around the world to establish a number of Disney Store, Disney earned through the sale of branded products, third round. That was not enough, Disney continues the acquisition of TV channels, already has cartoon movie channels, home entertainment channels, and even bought a news channel. Go to Disneyland to buy Disney cartoon, this is one of the habits of Americans. Operators group of companies from Disney, the operations of the company are made up by four main business areas are as follows: 1. Entertainment 2. Media Network 3. Theme park 4. Related customer products. To make all things above happen, Disney might have gone so far to in recent years, because the different culture across different companies might affect adversely the whole culture image of Disney, different strategies from employees might lead internal conflict. And it is hard to gain profit with the increasing cost of managing all different departments. Diversification is a neutral in business industry, it is unnecessary always a good thing for a company, from the performance of Disney recent years, it is hard to say diversification is a good thing. How to cite Disney Case, Essay examples
Security Data Protection Is A Major Issue â⬠Myassignmenthelp.Com
Question: How To Security Data Protection Is A Major Issue? Answer: Introducation It security and data protection is a major issue in todays business world. This is particularly because the data resource of an organization is exposed to a number of security threats from the cyber attacks, which include hacking, phishing, spoofing and so on. The CNSS security model involves various factors of data security and integrity. This includes data confidentiality, integrity and availability. Data confidentiality means that the authorized users can only access the data stored in the information security system or to the members it is intended to and cannot be accessed by unauthorized members. This is an essential phenomenon of data security (Von Solms Van Niekerk, 2013). Data integrity refers to the fact that data is not changed while storage or its transformation that is the data remains consistent and accurate. Alteration of data is not allowed and is against the security policy and hence this is an essential consideration for IT data security. Data availability ensures that the data continues to be available at a required level of performance and in every situation. The threats may harm or hamper any of the security conditions as a result of severe security attack which may include the involvement of viruses and other malicious software. Ensuring information security is utmost essential and therefore it should be the top most priority for any organization. Therefore, proper security measures are to be undertaken to prevent or lessen the effects of the security threats (Peltier, 2013). IT landscapes have considerably changed with the involvement of newer technologies such as cloud computing. This has considerably resulted in the change of strategies in business concepts and adoption of newer technologies in business environments. The newer landscapes or technologies have given rise to newer difficulties and challenges, which in turn resulted in the need of newer security infrastructure for data protection (CeArley Claunch, 2012). IT Security Models and access controls Security models are essential for ensuring proper security of the data and their confidentiality (Zissis Lekkas, 2012). The main objective of the information security model is to outline the different security measures undertaken by an organization in order to protect the data and resources of an organization. In order to ensure proper data security, different access control methods are employed. Security models support the security policies that are implemented in an organization (Lin et al., 2012). The access control limits the use and access of a particular data only to the authorized persons. Different access control methods includes user authentication that limits the access of any service or resource only to a registered person who has a valid user id and password. Proper security model are necessary to maintain in order to protect the data integrity and availability. Access control is enforced to allow or restrict selected members or users in accessing the resources of an org anization. Other access control methods includes data monitoring using CCTV surveillance method, use of card or key for entry in a protected area or finger print protection of data and resources. Access control is classified into two broad areas, physical and logical access control. Logical access control deals with the protection and limiting the access of the confidential and sensitive information of an organization while the physical access control mainly deals with the protection of physical resources of an organization, which includes, the IT assets, physical hardware devices and their components. Access control is enforced in order to limit the access of data or components only to the authorized users and protects the system and information from unauthorized access (Almutairi et al., 2012). Access controls are enforced according to the specifications of the set security model. IT security Threat and Risk Assessment Threat can be defined as a condition of eminent danger, an organization or a system is exposed to. Threats are capable of creating serious harms to the information system and therefore it is essential to eliminate all the threats from a system before it creates serious harm. The threats in an Information security system include hacking, phishing, denial of service attack and so on. Threats are results of the active and passive attack a system is exposed to. Passive attack is however less harmful than an active attack as in passive attack, the attacker silently monitors the system in order to plan an attack (Crossler et al., 2013). Active attack is more dangerous than passive attack as it is capable of causing serious harm to the system. The security threat includes data loss and data breach, which is capable of causing serious harm to an organization. Risk assessment deals with identifying and analyzing the threats or the risks associated with an organization or a system. Risk manage ment evaluates and categorizes the risk according to its impact and recommends a plan to eliminate that risk. All the details about the risks and threats associated with a system and its likelihood of occurrence is stored in a structured document, which is updated and reviewed time to time. Risk management helps in managing a risk in an effective way and also helps in monitoring the risks associated with a system. One of the important feature of risk management is that, it classifies the risk according to their priority and hence gives a clear idea of the risks or threats that need immediate attention. Having a proper risk management plan is essential for every organization for better management of the threats and reducing their action (Alhawari et al., 2012). References Alhawari, S., Karadsheh, L., Talet, A. N., Mansour, E. (2012). Knowledge-based risk management framework for information technology project. International Journal of Information Management, 32(1), 50-65. Almutairi, A., Sarfraz, M., Basalamah, S., Aref, W., Ghafoor, A. (2012). A distributed access control architecture for cloud computing. IEEE software, 29(2), 36-44. CeArley, D., Claunch, C. (2012). The top 10 strategic technology trends for 2013. The Top, 10. Crossler, R. E., Johnston, A. C., Lowry, P. B., Hu, Q., Warkentin, M., Baskerville, R. (2013). Future directions for behavioral information security research. computers security, 32, 90-101. Lin, G. Y., He, S., Huang, H., Wu, J. Y., Chen, W. (2012). Access control security model based on behavior in cloud computing environment. Journal of China Institute of Communications, 33(3), 59-66. Peltier, T. R. (2013). Information security fundamentals. CRC Press. Von Solms, R., Van Niekerk, J. (2013). From information security to cyber security. computers security, 38, 97-102. Zissis, D., Lekkas, D. (2012). Addressing cloud computing security issues. Future Generation computer systems, 28(3), 583-592.
Sunday, May 3, 2020
Evaluation of Financial Condition of Next Plc
Question: Discuss about the Evaluation of Financial Condition of Next Plc. Answer: Introduction: The Company Next Plc is retail marketing company in United Kingdom. The company deals with clothing, shoes and accessories of women, men and children. The company had opened its first store in the year 1982. The store contains an exclusive collection of clothing, accessories and other things for women. The Company Next now operates in almost 40 countries across the World. The clothes and accessories of the Company are designed by their in house team that has made a rapid success in their business (Pharoah and Walker 2015.). The research work is to evaluate the performance of the Company over the last few years. The Company has introduced new features such as online marketing and internet Book for shopping in the year 1999. The Company has shown a rapid growth in sales and marketing since then (Dunis et al. 2017). The profit figures of the company have shown an upward trend over the years. The main competitors of the Company are Sainsbury, Tesco which also trades in retail marketing. The asset liabilities of these companies are to be checked in this research to identify the liquidity position of the business (Maynard 2013). A comparative study of the share prices of these companies, profit figures of these companies has been studied using ratio analysis. Research aim and objective: The research has been conducted the study to know about the financial position of the company Next Plc from 2010 to 2015. The main aim of the research is to know about the financial stability of the Company Next Plc. The research also aims at depicting the significance and the financial techniques that can be used by the investors to get knowledge about the financial condition of the Company (Singh 2014). The research also compares the financial condition of the Company with other companies such as Sainsbury, Tesco Plc and others. This research will also help the share holders and investors of the Company to get an idea about the financial condition of the Company and to decide whether to invest in this Company. Research Objective: The main objectives in this research work are: To determine the financial position of the Company Next Plc. To determine how relevant are the financial technique that are used to determine the financial position of the Company. To give a clear idea about the financial position of the Company that will help the investors to understand the current situation of the Company. To find out some recommended measures that will eradicate the financial problems in the Company. Research questions: The main research questions used for the research study are as follows: What is the current financial position of the Company Next Plc.? What are the changes in the financial condition of the Company Next Plc. Over the last few years? How is the Company Next Plc. Performing over the years with regards to their financial position? What can be said about the financial stability of the Company Next Plc.? What is relative change in the ratio over the years? Background issues related to the research: The Company Next Plc. is an online retail Company that trades in clothing. The Company has started in the year 1982. The Company now has almost 500 stores in the country United Kingdom and 200 stores across 40 different countries over the globe. The company is one of the leading retail trading Company in United Kingdom. The Company is one of the chief competitors of the Company Sainsbury and Tesco. The company Sainsbury mainly trades in food and non food retail products. The Company Tesco is also a retail products Company that trades in variety of goods. Despite these two Companies, the Company Next Plc. Has established itself as one of the leading company in United Kingdom. The Financial position of the Company, the assets, liabilities of the Company and the share price of the Company needs to be studied based on the financial report of the Company. The various ratios like profit ratio, quick ratio and others has been calculated that will give a idea about the current financial posi tion of the Company. Justification for the research: The research work has been conducted to know about the current financial position of the Company Next Plc. The research will analyze the financial growth of the Company. The research will also compare the growth of the Company with its competitors. The research will help the investors of the company to take financial decision about investing in the Company. Business Discipline and academic area that relate to the research: The financial condition of the company is being used in this research area. The background study says that the company Next Plc. has captured the retail market within a short span of time. The profit figures of the Company have shown an increasing trend. The financial condition of the country is being analyzed in this report. The reasons for the success of the company have also been discussed in this research work. The Company Next is a listed Company in the London Stock Exchange. The company is actually a British multinational clothing Company that trades in Foot3wares, accessories, clothing and other commodities. Te Company has its headquarters in Enderby, Leicestershire. The Company is mostly based in United Kingdom. More than 500 stores of the Company are located in United Kingdom and Ireland. There are almost 200 stores located all over Europe as well as in Asia, Europe and Middle East (Sethi, Martell and Demir 2015). The Company Next Plc has over taken the Company Marks Spencers. The early history of the Company dates back to 1864 which was founded by Joseph Hepworth as a tailor. The Company has flourished its business over the years and employs almost 50000 employees. The profit of the Company has been estimated to be 634.9 million (Munteanu 2015). The Company Next Plc has shown a rapid increase in the sales over the years. The financial report of the company states that the operating profit of retail has increased by 4.8% from the year 2015. The sales of the Company have increased by 1.1%. The net trading space that is the area of the stores has not increased as such. The new states have opened at many places while there is a closure of the old stores. The net trading area for retail stores is 275000 square feet in the year 2016. The Company has a goal to increase this space to 35000 square feet in the year 201. The overseas sales of the Company have also increased by 6.5%. The Company has also launched a mobile phone app and an iPad app for its customer. The iPad app gives a better view of the product of the customers. With the help of the mobile phone app the customer can get a better view of the product. The pages of the app site are like the pages of the catalogue. The Company however has kept its catalogue as most of the customers of the company are used to shop with the help of the catalogue (Datta, Gopalakrishna-Remani and Bozan 2015). The Company operates its sales activities through three different platforms. The first is through the retail stores. There are almost 500 retail stores located in United Kingdom and other European countries. There is also another method of home shopping. The Company publishes a home shopping catalogue through which the customers can do home shopping. The company gets almost 3 million customers through this home shopping catalogue (Maynard 2013). There also International stores through which the Company gets International customers. The revenue growth of the Company has increased from 2013 to the year 2014. The growth rate of the Company Tesco has shown a negative growth. The Next Plc. on the other hand has shown a rapid growth in the sales figures and in the profit as well (Teodor, Maria and Bogdan 2015). The Company Sainsbury is also a retail trading company. This company is also a major competitor of Next Plc. According to some recent study, the profits of the grocery giant Company Siansbury has declined. The sales of the Company have been decreased by 1.1% in the year 2016. The share price of the company has also decreased by 4% in the current year. All these has contributed to the growth of the Company Next Plc. The sales of Next have also decreased from February to April in the year 2016. The sales of the Company have decreased by 0.9%. The Company however has expected that the sales of the Company will remain in between a fall of 3.5% and a rise of 3.5%. The retail sector is a place of great up down in market trends. The share price of the Company grows or falls to great extent. This creates great problems to the investors of the business. For example, the share price of the company Tesco has declined by 49% while for Sainsbury; there is a decrease of 27% in the share price. Thi s financial report also aims to give an idea about the future sales of the Company Next Plc. from the previous years sales figures (Schmidlin 2014). The financial performance of the company refers to the use of assets to generate the revenue of the Company. In order to make decisions about the financial condition of the company, the ratio analysis of the company needs to be done (Sethi, Martell and Demir 2015). The income statement o the Company needs to be studied in this respect. The return on equity, net profit margin of the companies also needs to be studied. The shareholders equity of the Company gives an idea about the financial condition of the Company (Coulson and OSullivan 2014). The competitor companys financial condition also needs to be studied to get a clear idea about the current financial position of the Company. The Company Tesco is a chief competitor of the Company Next Plc. The analysis of the financial statement of the two companys states that both the companies are top listed in the London Stock Exchange. The company Tesco has declined in the market in the past few years. The company revenue growth of the comp any Tesco has decreased over the last four years (Schrmann 2016). The Company Next however has given a high performance in the market. The profit figures were high for a considerable period of time. There a lot of factors that has contributed to the growth of the Company (Schmidlin 2014). One of them is the changing consumer behavior in the retail market. The popularity of online shopping has made the customers to shift from ordinary method of shopping to the use of internets for shopping. The profit of the company has risen by 10.9%. The online shopping has been introduced by the Company in the year 1999. This has led to the span of their business across 70 countries outside United Kingdom (Johal, Vickerstaff and McAuliffe 2014). The Company has also adopted many new methods of business such as home delivery, next day delivery and others. The retailer allows the customers to collect and return clothes at any of the stores located across the country. The Company has focused more on their customer services to give a better quality of service (Evans 2013). There is an in-house delivery service provided by the company to deliver the large items directly to the customers home in the weekends. The customers can also order at any time and check the payments in their accounts. This gives a clear idea about the transactions (Tsegba and Upaa 2015). The Company has also taken care of its corporate social responsibilities. The corporate social responsibility in this firm is mainly concerned with the ethical and environmental issues related to the business. The Company uses the policy of Corporate social responsibilities. However, the corporate social responsibilities are not visible as such. According to Haddock and Rigby (2015), the financial performance of the company Tesco has been declined over the few years. The report analyses the four years financial data from the year 2011 to 2015. The report also tries to find out the main cause of the decline in trade of the company. The lower performance has been mainly due to the competition from other retail companies. The report also states that the change of the directors of the company and lack of proper leader has led to the decline of the company. The research also gives an idea about the possible measures for the recovery of the current situation of the company. The company has recovered a great deal by adopting several measures after the financial crisis. According to Nalwaya and Vyas, the merger and acquisitions on the financial performance of a company has to be studied to get an idea about the financial performance of the business of a company. The two companies Hutch and Vodafone are chosen for the purpose of the study. The data collected for the study is secondary data. The data are collected from the financial report of the companies. The quick ratio, gross profit ratio, net profit ratio, return on investment, earnings per share, debt equity ratio has been calculated for the study. The comparison of these ratios has been done with the help of paired sample t-tests. The 95% confidence interval has also been calculated for the research work. The study reveals that the earnings growth has increased after the merging of the two companies. According to Haddock and Rigby (2015), the performance of any company is greatly affected by the financial condition of the company. The report aims to analyze the financial performance of the life insurance companies of India. The financial ratios have been calculated for this study. The financial performance depends on various parameters. The liquidity ratio, solvency ratio, profitability of the firms is being calculated for this purpose. 18 Indian life Insurance companies have been chosen for this purpose. A linear regression model has also been fitted for this study. The regression has been conducted to see if the factors have any influence on the profitability of the life insurance companies. The results of the study reveal that the liquidity and size has a positive influence on the life insurance company while the capital has a negative impact on the life insurance companies. The previous literatures give an idea about how the research can be carried out. The research question in this research work is to determine the financial condition of the company Next Plc. The literatures are mainly theoretical research. This research study is based on the financial performance of the company. The first research is not so helpful for the study. The second research gives a lot of idea for performing the research work. The third research wok also gives the proper ideas about how to conduct the research work. The research question can be answered with the help of the various ratios like quick ratio, liquidity ratio, solvency ratio, profitability of the firms and others that has been conducted for the study. References: Bawa, S.K. and Chattha, S., 2013. Financial performance of life insurers in Indian insurance industry.Pacific Business Review International,6(5), pp.44-52. Coulson, A. and OSullivan, N., 2014. Environmental and Social Assessment in Finance.Sustainability Accounting and Accountability, pp.124-140. Coulson, A. and OSullivan, N., 2014. Environmental and Social Assessment in Finance.Sustainability Accounting and Accountability, pp.124-140 Datta, P., Gopalakrishna-Remani, V. and Bozan, K., 2015. The impact of sustainable governance and practices on business performance: an empirical investigation of global firms.International Journal of Sustainable Society,7(2), pp.97-120. Dunis, C.L., Middleton, P.W., Karathanasopolous, A. and Theofilatos, K.A. eds., 2017.Artificial Intelligence in Financial Markets: Cutting Edge Applications for Risk Management, Portfolio Optimization and Economics. Springer. Evans, R., 2013. Accounting for ethics: Traidcraft plc, UK.Building Corporate Accountability: Emerging Pr1actice in Social and Ethical Accounting and Auditing, p.84. Haddock-Millar, J. and Rigby, C., 2015. Business Strategy and the Environment: Tesco PlcS Declining Financial Performance and Underlying Issues.Review of Business Finance Studies,6(3), pp.91-103. Johal, P., Vickerstaff, B. and McAuliffe, E., 2014.Unlocking Financial Accounting. Routledge. Maynard, J., 2013.Financial accounting, reporting, and analysis. Oxford University Press. Maynard, J., 2013.Financial accounting, reporting, and analysis. Oxford University Press. Munteanu, S.M., 2015. Corporate Support for Sport and Organisational Performance. Case Study for Companies in Romania.Revista de Management Comparat International,16(1), p.101. Nalwaya, N. and Vyas, R., 2014. Merger and Acquisition in the Telecom Industry: An Analysis of Financial Performance of Vodafone Plc and Hutchison Essar.Journal of Marketing Communication,9(3), pp.67-73. Pharoah, C. and Walker, C., 2015. The Values of Corporate Giving. Schmidlin, N., 2014.The Art of Company Valuation and Financial Statement Analysis: A Value Investor's Guide with Real-life Case Studies. John Wiley Sons. Schmidlin, N., 2014.The Art of Company Valuation and Financial Statement Analysis: A Value Investor's Guide with Real-life Case Studies. John Wiley Sons. Schrmann, G., 2016. A Changing Regulatory and Political Environment: What Impact Does it Have on the Analysis of a Financial Institution?. InRating von Finanzinstituten(pp. 105-118). Springer Fachmedien Wiesbaden. Sethi, S.P., Martell, T.F. and Demir, M., 2015. An Evaluation of the Quality of Corporate Social Responsibility Reports by Some of the Worlds Largest Financial Institutions.Journal of Business Ethics, pp.1-19. Singh, N.P., 2014. Verizon acquired Vodafone-Analysis of Market Reaction.Industrija,42(3). Teodor, H.A.D.A., Maria, A.T. and Bogdan, D.I., 2015. Changes and trends arising from the bucharest stock exchange in the need for the analysis of financial instruments at rompetrol well services plc.European journal of business and social sciences,4(09), pp.30-41. Tsegba, I.N. and Upaa, J.U., 2015. Consequences of Financial Statement Fraud: A Developing Country Perspective.International Journal of Business and Management,10(8), p.115.
Wednesday, March 25, 2020
The Indian Removal Act free essay sample
This act called for the government to make treaties that required Native Americans to relocate west. Jackson thought that this policy was ââ¬Å"just and liberal. â⬠He thought the Native Americans would be able to keep their way of life. He was wrong. The Indian Removal Act brought a lot of hardship to the Native Americans. It also forever changed the relationship between whites and Native Americans. Before Jackson passed this act, he gave the Native Americans two choices. The two choices were that they could take on white culture and become citizens of the United States, or they could move to the Western territories and keep their culture. A lot of Southerners approved of the act because they wanted to gain access to the lands that belonged to the Native Americans. They also wanted the gold that was found on the Native Americansââ¬â¢ land. The Native American chiefs signed the act involuntarily. We will write a custom essay sample on The Indian Removal Act or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page They were greatly pressured by the American government. This was unfair to the Indians. Congress should have never passed the Indian Removal Act because the Native Americans had the right to live where they lived. The Indian Removal Act led to the Trail of Tears. This was the harsh journey of the Cherokee from their homeland to the west. The Trail of Tears was a harsh journey because about 4,000 Indians died. The land that they lived on belonged to them. Jackson believed that the government had to regulate where the Native Americans could live. When they relocated west, they couldnââ¬â¢t keep their way of life the same. They had to change part of their culture. The further west they went, the more the land changed, and the hardship got worse and worse.
Friday, March 6, 2020
Expatriate Failure Essay Example
Expatriate Failure Essay Example Expatriate Failure Paper Expatriate Failure Paper Studies undertaken in this area have shown that there is a high rate of failure among expatriates mainly because of their and their families inability to deal with the uncertainties associated with Reasons for this failure can be improper selection criteria and mechanisms, lack of earlier international experience , cross cultural training ,individual factors, Job related factors, home country situations, host country situations, and various other non-Job related reasons( Black,et al,1991). These failures can, not only be detrimental to organizations growth in overseas but also can create problems In the personal life of these elite executives. This essay tries to Investigate the reasons for the expatriate failure and suggest remedies to bring down the percentage of this evil or If possible completely eradicate It. Proper understanding of the term expatriate failure will help In finding the reasons as well as to suggest remedies. According to Lee(2007), presently available literature lacks wider acceptance because ,expatriate failure is studied on the basis of only premature return and it fails to show the true picture of the extend of this vicious phenomenon. The use of this definition can be misleading and can cover up underlying issues, as it implies the completion of duration of expatriate tenure is a definite success and completely forgets the important factors like achieving performance objectives, repatriation difficulties and undervaluing the skills and knowledge developed by the expatriates. With this wider perspective reasons for the expatriate failure can be analyzed in a more fruitful and meaningful manner (Harding, 1995; Harrison, 1999). Reasons for the failure of expatriates Various studies have established the failure rate of expatriates Is exceedingly high ND cost incurred can be substantial (Sanchez, et al, 2000: Forester, 1997). The Survey conducted by GAMMA Global relocation in May, 2008 identified three main reasons for the expatriate failure (Halide, et al 2010) . These reasons are, finding right candidate, helping employees and their families and retraining these employees once the assignment is completed. Existing literature review demonstrates, selection of the appropriate expatriate, absence or poorly developed cross-cultural training programs and spouse and family related issues (Zaire;Banzai, 1985; Black ;Maidenhead, 1990; Black ;Stephens, 1999) . Some others point out technical Incapability and lace of home country support (Lee,2007)can also contribute to this failure. For a fruitful discussion all these reasons can be grouped Into four 1) Selection of Appropriate Candidate categories. 2) Cultural adaptability 3) Spouse and family related issues 4) Lack AT none country support Selection of appropriate candidate In most of the cases perfect candidate is Just a dream for the HER mangers. They have to choose from the available candidates who are willing to be relocated. Along with lack of availability of good candidates there is a jack of consensus among HER mangers in deciding the criteria for selection of expatriates. A study conducted by Tune (1987) found that companies put over emphasis on technical capability while selecting the expatriates, but the study proved that this reason is not among the first five contributors in expatriate failure. A research conducted by Stone (1991) among Australian and Asian managers demonstrated that different managers ranked different criteria for expatriate selection. Foreign postings are no longer seen as golden opportunity and they are being turn down as they are not worthy enough the struggle . The result of a survey conducted by Pay ;Benefit consultant, William M, Mercer. (Clarke, 1997) demonstrated that expatriate staff in general is let down by the selection and grooming procedures. Fifty percent of the organizations do not have a structured selection procedure and do not give any cultural briefing for the workers ready to go overseas. Employers have started understanding the difficulty in finding the right and willing staff along with need for integrating HER strategies for selection and recruitment of international positions. Cultural adaptability- Expatriates have to deal tit different ways of life and unaccustomed work environments which can be a cause of increasing stress. Research conducted by Seller and Lung (Halide et al 2010) showed that expatriates who find it difficult to adjust work and life in the foreign country are expected to perform poorly. According to another survey conducted by Just landed in 2008(Halley, et al, 2007) found that the biggest problems were adapting to local culture (85%) followed getting new friends (72%) and 42% was related to the difficulties with learning the new language. Most of the time spouse ho deals with the local people needs more support. However detail may be the cultural training given by the HER department it is impractical to expect an executive to acquire everything about the culture of a country prior to traveling to that country. According to Black, quoted by Wang (2008) factors like urge for adjustment, skills and management capability, social relations, tolerance to uncertainty, faith and ability to satisfy expectations can help to reduce the cultural shock in the host country. Cultural intelligence could help the expatriates to face the cultural differences in a utter manner Spouse and family related issues Family related issues are higher because of the profile of the typical expatriate employee. Most of expatriates are aged between the age of 30-40 and this is the time of highest family commitment. More than 60% of the expanse take their spouse when they take an overseas assignment. This most of the time end up in partner sacrificing established carrier and compensation. One of the research conducted by ACE International (Clarke, 1997) found that the number one reason for turning down international opportunity is the disruption of partners career. Children schooling can be another major reason . Recent discussions with a I-J expatriate in China pointed out the security safety issue of teen age children is a growing issue for many expatriates as they become rebellious because of the new culture and missing of friends. William M, Mercer study showed that, one third of the companies put some kind of an effort to prepare ten Tamales out oaten Ana up long It supernaturally. Lack AT none country support Expatriates need support before leaving the country, while working overseas and while returning. Expatriates may face many hassles in the host country ND support from the home country can serve as a source of relief for them. Support does not end in having a good pay package and cultural training. Support is required in work and non work related areas. A study conducted by Shaffer and Harrison (1998) proved that support for the direct, indirect and moderate influence of non work satisfaction can be decision points for expatriates quit their assignments . Virginia Hollies, vice president of ICING international expatriate benefits (CUBE) commented recently that organizations have to spend little more to take better are of expatriates as it is cheaper than loosing good people. During assignment expatriates are faced with serious challenges both in daily life and business activities. Research sponsored by CUBE, Worktable, and National foreign trade council found that expatriates lack required preparation, assistance while on assignment and appropriate support for repatriation. The expensive bottom line is that almost 44%of expatriates leave their company within two years of the contract (PR Newswire, 2001). And appropriate support system can definitely reduce the expatriate failure rate. Suggestions Recommendations Success in international business depends upon the globally effective human resource management. Todays Macs are not only challenged by internal issues but also with the norms of other countries and international competition . The following suggestion can help the reduction of expatriate failure if implemented properly. ) Good HARM practices- This includes the fixing of appropriate selection criteria, overall expatriate packages including repatriation, and integrating HER practices globally. HER has to be an integrated part of the international business to acquire necessary importance. For this further researches and studies to be undertaken with the wider definition of expatriate failure. 2) Developing cultural intelligence (HER. Magazine, 200 8) is the best available solution for facing the cultural shock effectively. This is uniquely tailored for the individual and provides an integrated approach towards learning, motivational and behavioral features. It is built on a unifying psychological model of cultural adaptation rather than piecemeal and country specific approach to training. 3) There is no one single readmes solution for the family related issues. The best thing any organization can do is to prepare the family beforehand. Ellison (Clarke, 2010) suggests people to visit the country before hand to look for schools and prepare other necessary requirements. He also encourages spouses to attend the cross-cultural training classes and most importantly to learn the language as it is not only useful but also widens the social circle as they meet similar people. Dual career resolution still remains a big issue but some organizations have started in supporting the expatriate to find suitable Job for the spouses in organizational level itself. 4) Integration of global HER activities is the key to make sure ongoing support for expatriates. Virginia Hollies (PR Newswire, 2001) recommend a five C approach in this area. These are culture, compensation, co-ordination communication and career. Culture preparations will support the expatriate to understand the difference between living in a country and visiting like a tourist. Compensation will give confidence and he/she will not feel pinched, and co-ordination deals with the ongoing support Ana return none Issues. Communication Ana career will link with the head office HER team and address any related issues. Conclusion Expatriate failure is the byproduct of the increasing internationalization of the organizations and in appropriate supporting systems to substantiate these teen requirements.
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