Market Value Concept from an Economic Perspective

Fundamentally, political economy and specifically Marxian financial matters, the idea of trade esteem is generally utilized to characterize one of the center parts of a product. A portion of the related ideas are value, use worth and worth. This shows an item has; a worth, a trade esteem, use esteem and a price.Advertising We will compose a custom paper test on Market Value Concept from an Economic Perspective explicitly for you for just $16.05 $11/page Learn More These qualities have a broad history going from the time of Aristotle right to the time of David Ricardo. Be that as it may, the section of Marx ideas inclined the prior ideas of trade esteem. From a financial point of view esteem is introduced as the value of either merchandise or administrations as set or controlled by the current markets. Be that as it may, this perception doesn't hold the genuine plan of what is generally characterized as worth. For a considerable length of time market analysts just as other social rese archers have endeavored to connection and gauge the essentialness of significant worth comparable to person. Correspondingly, this methodology has throughout the years been reached out to the two merchandise and enterprises being traded. Henceforth, such methodology saw the advancement of such unique ideas as incentive in return just as an incentive being used. In this manner, inspecting the contention introduced by Kalman Applbaum in the article â€Å"Pharmaceutical Marketing† the idea of significant worth is corresponded to promoting and marking. As the article affirms people are eager to address greater expenses for a brand than for a supportive item (Applbaum 0446). This idea is in this way generally utilized by pharmaceutical organizations. The center target of such methodology is to make more profit from a brand an incentive than from the items. This means brand esteem directs what the more noteworthy society devours. Similarly, this equivalent methodology is very much outlined by the way coca cola brand is showcased. Essentially, the brand esteem is by all accounts more significant than the item itself. This shows worth can be estimated as the set cost of the given items. Be that as it may, as to the contention introduced by neoclassical financial experts, the estimation of any item is connected to its cost corresponding to the free and serious market. What's more, the worth is along these lines controlled by the interest of the item comparative with the market gracefully. Looking at the methodology carved in the pharmaceutical business it very well may be contended that the market request outperform the flexibly and this has assumed a basic job in building up what is fundamentally esteem. Corresponding to an incentive being used just as brand esteem, these organizations have picked to grasp the ideas created by neoclassical economists.Advertising Looking for paper on business financial aspects? We should check whether we can support you! Get you r first paper with 15% OFF Learn More Thus, the components of significant worth are not connected to improving the intrinsic utilization of people yet rather to achieve the best beneficial edge. The chief highlights which drive such a methodology can be clarified by the way that brand esteem has throughout the years been utilized as the vehicle by partnerships tied their expectation (Applbaum 0447). Subsequently, this has brought about a circumstance whereby brand esteem override the requirement for fulfilling the natural needs of people through arrangement of what anthropologists characterizes as human worth. The extent of brand esteem is in this manner reverberated by Robert J Foster in his article â€Å"The WORK OF THE NEW ECONOMY: Consumers, Brand, and Value Creation. The creator sees that buyers will in general go for well known brands while the item makers through expound advertising techniques misuse this window introduced by brand esteem (Foster 708). Similarly, this outcom es in esteem creation which lays on brand esteem instead of on the item itself. However, Foster implies that the formation of new qualities starts with advancement; it is apparent that the normal progression of market requests makes esteems. Accordingly, in a financial point of view the force of significant worth is minimalistically controlled by cost just as the value connected to items whether merchandise or administrations. Another prominent viewpoint inspected by Foster spins inside the setting of fulfilling what is characterized as surplus worth. This idea is characterized by Marxian scholars as a thought that endeavors to characterize and clarify showcase insecurity with respect to private enterprise. In this way, this places human work shapes the establishment of monetary worth. Along these lines, investigating the contention introduced in the article we find that the idea of surplus worth is certainly less analyzed. This can be connected to the way that cutting edge partners hips are more worried in making benefits as opposed to fulfilling the market esteems. Subsequently, the formation of brand esteems which are getting more strong than esteem being used. Looking at the clarifications presented by both Foster and Applbaum it is obvious that the idea of utilization esteem is less considered in the current society. This is explained in the way various association are tying down on huge promoting without looking at the parts of utilization esteem which is basically the subjective quality of significant worth, that is, the strong way where an item fulfill human needs.Advertising We will compose a custom paper test on Market Value Concept from an Economic Perspective explicitly for you for just $16.05 $11/page Learn More Perhaps that is the reason Graeber contends that when we are discussing use esteem we will in general feel that we are managing unequivocal properties, for example, huge amounts of, many or meters of (442). Essentially, he takes note of tha t utilization esteem connected to wares turns out to be genuine when the given item or item is utilized or expended. As indicated by Graeber the idea of significant worth is dominatingly characterized distinctively financial specialists (443). To his perceptions the idea of significant worth have been confined to showcase hypotheses which are intended to create scientific fulfillment corresponding as far as possible assets while seeking after benefits. Fundamentally, the center contention in his article proposes that the idea of significant worth depends on showcase comfort instead of on fulfilling the human needs. Thus he endeavors to draw an equal between what the anthropologists consider values and what business analysts take as worth. From such a perception we are brought to similar feelings voiced by Foster and Applbaum, trade esteem is by all accounts the determinant factor as to what is thought to be comprehensive. In this way, the extent of neoclassical economy is brought si milar to the advanced proportion of significant worth, this methodology expect that human methodologies calls for portion of accessible assets in quest for restricted assets. However investigating the elements of utilization esteem, brand an incentive just as surplus worth, this idea neglects to fulfill the inborn needs of man. What this shows is that the differing financial projections saw have advanced to be limited to the accessible assets or markets without investigating different districts of enhancing esteem. As noted in the article â€Å"The Work of the New Economy† the differing properties of what is characterized as worth can be supposed to be attached to benefits This is additionally settled by the enormous promoting speculations which have surpassed the respectable aim of creation. It should be noticed that advertising is basic in building brand worth and this has gone to the furthest reaches of deceiving the customers who once in a while recognizes the utilization estimation of the given item or services.Advertising Searching for article on business financial aspects? We should check whether we can support you! Get your first paper with 15% OFF Find out More Graeber, â€Å"Value† Foster, â€Å"The Work of the New Economy† Applbaum, â€Å"Pharmaceutical Marketing† have all acknowledged that the extent of significant worth is cash evaluated. This is by all accounts because of the developing business sector requests which are not completely fulfilled. Thus, the elements of significant worth are not rewarded as procedures of improving social prosperity rather the ideas of significant worth are left to the space of conventional social researchers. Accordingly, it gets hard to build up generally what the center reason for esteem is in the developing neoclassical economy. Taking everything into account, it is apparent that the extent of significant worth is the most questioned include as to political financial matters. This can be associated to the way that the speculation of trade which lays on the patio of science happens to be the extension connecting issues partnered to financial matters to issues social in nature. Also , this happens to be the pointer of leaving from the hypothetical control influencing the entire circle of human economy. All the more in this way, its applied nature makes a target approach very mind boggling for each one of the individuals who have wandered into investigating the parts of significant worth with respect to human economy. In this manner, the idea of market esteems with respect to trade esteems however basic presents a pile of questions than answers. As built up by Graeber the idea of significant worth minimalistically left behind as the political financial specialists are progressively worried about creating characteristics that are benefit situated with respect to work, valuing and dispersion. Also, this is by all accounts the establishment laid by those upholding for neoclassical economy, that is, entrepreneur markets. Works Cited Applbaum, Kalman.Pharmaceutical Marketing.Pls Medicine 3.4. (2006):0445-0447. Cultivate, J Robert. Crafted by new economy. Social Anthr opology 22.4 (2007):709-729. Graeber, David. Worth: anthropological speculations of significant worth. A handbook of economic Anthropology. Oxford: Edward Elgar Publishing, 2005. This paper on Market Value Concept from an Economic Perspective was composed and put together by client Annabella K. to help you with your own investigations. You are allowed to utilize it for examination and reference purposes so as to compose your own paper; nonetheless, you should refer to it likewise. You can give your paper her

Cultural Tensions in 1950s Hollywood Film Essay

Social Tensions in 1950s Hollywood Film - Essay Example As America rose up out of the darkest days of the â€Å"Red Scare†, which saw the Hollywood film network threatened by lawmakers, it was viewed as dangerous, best case scenario to embrace an astute and soul-looking through investigation of American political foundations and society. It is the proposal of this paper Twelve Angry Men utilizes the instruments of American government and culture to viably battle only these biases and bigotries. The film zeroes in on the New York of the 1950’s, the area of a huge inundation of Puerto Rican migration in the years since the Second World War finished. There was significant reaction by more established settler stock both angry and dreadful of the newcomers. This propensity is much of the time discovered today in delicate zones of social interruption and the impression of threatâ€whether genuine or imaginaryâ€by the â€Å"invaders.† Such marginal xenophobia is obviously not restricted to America in that decade, yet it appeared to introduce an emergency at the neighborhood level around then. It is into this setting Twelve Angry Men is inserted. A Puerto Rican youth is blamed for patricide in the wounding demise of his dad, and it is his incident to precede a jury of to a great extent aloof or obviously supremacist men to hear the case. The film utilizes the disinfected research facility of the American court and jury thought room in the determined quest for objectivity and extreme truth. Since this is a capital homicide case, it is additionally a last chance choice for the respondent, capital punishment at that point being the discipline for the liable. While this would appear to request the most extreme consideration and duty of the men on the board, in truth the inverse occurs. They extend from the indifferent and even good humored to disturbance and fatigue at the procedures. Along these lines, there is likewise a subjected topic of lack of concern to this most noteworthy of municipal obligati ons. Into this vacuum steps Davis, a man who appears to pay attention to his obligations. Upset at what he deciphered as a frail resistance for the charged, he is the sole holdout as the survey circumvents the room, casting a ballot â€Å"not guilty†. Different specialists have just decided the youthful man’s blame, however Davis needs to â€Å"talk†; that is, he needs to open an exchange box to attempt to discover reality. In this, he is after all just releasing his protected commitment to set up blame past a sensible uncertainty. After this initially surveying, he bit by bit prevails upon individually his kindred specialists, however it is difficult. Davis doesn't claim to have all the appropriate responses, just testing inquiries to discover reality in the shadow of partiality. In maybe the most trenchant piece of discourse in the content, Davis goes up against the most explicitly narrow-minded individual from the gathering after observer declaration by a Pue rto Rican lady discourages the consultations. â€Å"She’s one of them, isn’t she?† he requests of the narrow minded person. â€Å"You’re a quite brilliant fella, aren’t you?† the man answers, and afterward mumbles to the others, â€Å"what’s he getting so shrewd about?† Possibly without precedent for his life, he has had his points of view animated by an outsider. Before long, he changes his decision also. Be that as it may, Davis is a long way from haughty as he continued looking for target truth. In another important scene in the water wardrobe, another man goes up against Davis and plants the seed of uncertainty in his brain. â€Å"How do you know the child didn’t truly blade his father?†

Intention Plus Action Will Get Your Resolutions Fulfilled

Intention Plus Action Will Get Your Resolutions Fulfilled “Intention” is a big buzzword nowadays. In my leadership group, one woman in particular uses the word in almost every one of her communications. Sometimes I find myself responding: “I get your intention. And what ACTION are you going to take on that intention?” Intention is important and can be a huge motivator. But without action to follow it up, intention is just a nice thought. Telling my friend I intend to spend more time with her this year is actually hurtful if I don’t do it. Telling myself I intend to lose 5 pounds won’t get me far if I eat a box of cookies every day. As entrepreneur and author John Maxwell says in a recent interview about his book Intentional Living: Choosing a Life That Matters, “No one has ever been successful with good intentions alone. There has to be action.” I set out in 2015 with an intention to accomplish many thingsâ€"my new year’s “Ressaylutions.” Here’s the list and how I did: Roll out a new “responsive” (mobile-friendly) website.? Goal achieved! TheEssayExpert.com has launched in its new form and is mobile-friendly! I have a new home page as well which launched just last week and is almost the way I want it! Implement Infusionsoft.? Goal achieved. My e-lists are now on Infusionsoft, as are our client communication and tracking system. Thank you to my new Infusionsoft virtual assistant, Anastasia Barre, who is just fixed our affiliate program and unsubscribe process! Serve 250 clients.? Total clients for 2015 was 141, in part due to changes in the number of clients coming to me through my e-book. I also had some personal challenges that slowed things down over the summer and fall, but business picked back up nicely at the end of the year. I’m keeping this goal for 2016. Publish a print version of How to Write a KILLER LinkedIn Profile.? Done! Yay! Next step is to market the book. Implement a robust referral program. This project has been on hold with all the activity around Infusionsoft and my website, but people who refer paying clients to The Essay Expert can expect a gift from us! And I’m going to look at making the program more consistent in 2016. Increase college essay / personal statement portion of my business to 25% of business. ?I upped  my number of admissions consulting clients from last year, but still have not reached this goal. I realized that one thing stopping me was that I did not feel I had a good consultant in place to serve these clients. Recently I did bring on a consultant, a Yale alumna who is perfect for working with college applicants, so I feel more confident in marketing this service! I have a few resume writers sending me clients and I just got contacted by someone in China who might also be a source of referrals. I will continue to work on this one! Create more internal systems/guidelines. I have made progress in this area, adding and clarifying items in my agreements with my writers and also revamping some of the terms of service for clients. This is an ongoing project and will never end! It’s clear that the resolutions where I made the most progress were the ones where I took the most action. Are you finding the same thing as you look back at your resolutions from the beginning of last year? Here’s what I’ll be up to in 2016: Infuse my WHY statement throughout The Essay Expert’s website. ?I learned from Paul Dunn, in a talk he gave to a group of ActionCOACH clients in Madison, that the more I can communicate my WHY to potential clients, the more they will respond to what I offer. I’ve put my WHY statement on my new homepage at TheEssayExpert.com. It reads: At The Essay Expert, we don’t go to bed until we know we’ve captured your essence on paper. That’s what gets each one of us up in the morning, because that’s what will excite the right company or school about you. Not the person next to you. Not a list of bullet points. You. I will be looking for ways to communicate this WHY on my services page and every page of my site. Provide better information on services on my site.? I’ve heard from many people that they would more easily accessible information about each of my services and how it works. I’ll be working on putting more valuable information on my website in 2016! Serve 250 clients.? I still believe this number  is achievable and I’m going for it! Publish 2 new editions of How to Write a KILLER LinkedIn Profile.? I just published the 12th edition of the book and expect to release 2 more updates by the time 2016 is done. Get How to Write a KILLER LinkedIn Profile in front of colleges and universities. If anyone has ideas on how to do this for low or no cost, please let me know! I think if college bookstores and career centers knew about my book, they’d want to make sure to have copies on their shelves. Increase college essay / personal statement portion of my business to 25% of business.? Yep I’m still gonna go after this one! Find an editor to do some of the editing of resumes and LinkedIn profiles that I’m currently doing. Doing all the editing at The Essay Expert limits the number of clients we can serve, so I’m looking for someone to take over the bulk of the editing work for resume and LinkedIn projects. I’m already taking action on this goal and am reaching out to some promising candidates. If you know someone you think would be a great match, please send them my way! (Note I used the singular “they” in that sentence, which has been voted the Word of the Year by the American Dialect Society!) Have you chosen your goals for 2016? As you refine them, remember you don’t have to change everything. John Maxwell reminds us that if you pick the areas you want to get control of or change, and if you give intentionality even an hour a day, you will get results. Let’s get intentional together for 2016 and grow our intentional-living muscle! Who’s in?

Essay on Animal Rights - 1148 Words

For the past 20 years, there has a been an on going heated debate on whether experiments on animals for the benefit of medical and scientific research is ethical. Whether it is or isnt, most people believe that some form of cost-benefit test should be performed to determine if the action is right. The costs include: animal pain, distress and death where the benefits include the collection of new knowledge or the development of new medical therapies for humans. Looking into these different aspects of the experimentation, there is a large gap for argument between the different scientists views. In the next few paragraphs, both sides of the argument will be expressed by the supporters. A well known scientist named Neal D. Barnard†¦show more content†¦The stress of handling, confinement and isolation alters the animals mental stability and introduces yet another experimental variable that makes any results from testing even less valuable to human helping. In many cases, drugs and other substances are given to the test animals but studies have shown considerable differences in the effects of these drugs on different species. David Salsburg of Pfizer Central Research has noted that of 19 chemicals known to cause cancer in humans when ingested, only seven caused cancer in mice and rats using the standards set by the National Cancer Institute. This justifies that many substances that appeared safe in animal studies and received approval from the U.S. Food and Drug Administration for use in humans later proved dangerous to people. The drug milrinone, which raises cardiac output, increased survival of rats with artificially induced heart failure; humans with severe chronic heart failure taking this drug had a 30 percent increase in fatalities. Also, the antiviral drug fialuridine seemed safe in animal trials yet caused liver failure in seven of 15 humans taking the drug (five of these patients died as a result of the medication, and the other two received liver transplants). Scientists and the populous that do not agree withShow MoreRelatedAnimal Rights And Human Rights923 Words   |  4 Pages Animal Rights â€Å"Nearly as many, 68 percent, were concerned or very concerned about the well-being of animals used in ‘sports’ or contests as well as animals in laboratories (67 percent) (Kretzer, 1).† Many people question whether an animal is capable of thought and emotions. Others feel as though animals are the equivalent of humans and should be treated as such. Since the 1800’s, animal rights has been a topic that has several different sides including two extremes. If animals can react to theirRead MoreThe Debate On Animal Rights910 Words   |  4 PagesThere are two major schools of thought on animal protection. First, is the tenet that animals should have rights and the second, more radical view, is that animals should be liberated. Many of the rights that are promoted for animals are similar to the rights of human democratic societies. The basic rights, which are recommended by a number of advocates, are that animals should be free from suffering, be in posses sion of their own life, and their basic interests should be given the same considerationRead MoreAnimal Rights Essay886 Words   |  4 PagesAnimal rights - moral or legal entitlements attributed to nonhuman animals, usually because of the complexity of their cognitive, emotional, and social lives or their capacity to experience physical or emotional pain or pleasure. (Britannia encyclopedia online, n.d.). The definition of animal rights is so clear to us. Human rights need to be protected, so do animal rights. In 1976, in New York City, thousands of cat lovers were beaten when they heard a painful test to be taken for pets’ sexualRead MoreEssay on ANIMAL RIGHTS790 Words   |  4 PagesAnimals have their own rights as do to humans and we should respect that and give them the same respect we give each other. Animals deserve to be given those same basic rights as humans. All humans are considered equal and ethical principles and legal statutes should protect the rights of ani mals to live according to their own nature and remain free from exploitation. This paper is going to argue that animals deserve to have the same rights as humans and therefore, we don’t have the right to killRead MoreAnimal Rights Philosophy768 Words   |  4 Pagesissue of animal rights, Carl Cohen takes on the perspective of a reformist. This means that he accepts animal experimentation and meat eating, but believes that these institutions need to be improved upon. Cohen approaches the issue of animal rights using the ideas of obligations and rights, with not only the reformist perspective, but with the speciesist perspective. The conclusion he draws is that animals do not necessarily have rights just because humans have moral obligations to animals. CohenRead MoreThe Argument Of Animal Rights2068 Words   |  9 PagesSeems rhetorical, but the fact is animals live through this everyday, without even given the choice. As humans, we establish our authority among all living beings, but for what reasons? Are humans better than all other species? Or is it true that we should hold a precedence over nonhuman animals? The ultimate question then remains, should animals have as much or equal to the same rights as humans? Their are endless arguments for and against this question, and many sub arguments that go hand in handRead MoreAnimal Rights And The Rights Of Animals1843 Words   |  8 Pagesthe rights of animals and if they think and feel like humans do. Many people see animals as mindless creatures or as food, while others think they have emotions and can feel pain. In other countries animal protection laws are in place that are strictly enforced and seem to work well with the system. In the United States however; some of the anima l rights laws are considered to be useless and under-enforced (Animal Legal Historical Center). More people today are beginning to see that animals shouldRead MoreThe Issue Of Animal Rights Essay2300 Words   |  10 PagesAnimals have the right to equal consideration in regards to their being used for human needs as most people use animals for their own needs on a daily basis even if only indirectly whether to entertain us, or to attain the product we are using, or on our dinner plate. The controversy of the treatment of animals range from some activists and philosophers that are outspoken against animals being used by humans in any way for our own personal needs, while others are candid in their belief that animalsRead More Animal Rights Essay2330 Words   |  10 PagesAnimals and man have shared this planet since humans first appeared on earth. Animals have provided transportation, food, clothing, shelter, companionship and entertainment throughout the ages. Therefore, it is our duty to treat animals with respect, care and kindness and not cause them undue suffering, because they have, in many ways, made it possible for man to survive on earth. However, because normal adult humans have superior mental abilities in the hierarchical scale in nature, animals haveRead MoreArgumentary On Animals And Animal Rights1523 Words   |  7 Pagesclass was crazy! There was so much information regarding animal rights†¦ Sasha: I know. But I don’t know if any of that changed my views. I still think becoming a vegetarian is the way to go. Devon: You think? I still think that it is okay to eat meat. The animals just need to be raised in a humane manner. Sasha: Eh†¦I don’t know. Animals should just be left alone and be free to roam around in the wild. They should not be tortured like those animals that I saw while visiting that â€Å"kill floor†. Devon:

Sociology and Sociological Imagination - 978 Words

Social Issue Sociology and Sociological imagination Sociology is the scientific study of human behavior in a social context that looks the values, attitudes and composition of a given society. Sociology looks at the religious believes, economic aspects, daily activities and political arrangements interact to build a society (Dillon, 2009). The examination of people considering the social forces shaping their attitude and behavior is what C. Wright Mills referred to as sociological imagination (Dillon, 2009). In the understanding of sociological imagination, believe and conviction on an issues can easily be change by a significant event. A sociological imagination acts as a force that shapes social values and attitudes in a given society giving a dictum on the virtues and vices. A societys conceptualization on issues thus results from interactions and occurrences that breed good and ill. Social imagination provides an overall understanding on developments contributing to values and attitude held in a society (Dillon, 2009). Social Issues and personal problem A social issue is one that is faced by a majority in a society and threatens or appear harmful to the commonly shared values in a society. A social issue is beyond an individuals ability of control given the extent to which it spreads. A personal problem is one that arises out of the choice an individual takes and it affects his/her personal efficacy. The ability of an individual to function in the societyShow MoreRelatedSociological Imagination : Sociology Imagination4152 Words   |  17 PagesMills: â€Å"The Sociological Imagination†: A) Mills’ s definition of the idea of sociological imagination is â€Å"the quality of mind that will help people to use information and to develop reason in order to achieve simple summations of what is going on in the world and of what may be happening within them.† (Mills, pg, 9, paragraph 7) Mills explains that through sociological imagination, people are able to learn about society throughout their lives and apply it to their every day life. Sociological imaginationRead MoreSociological Imagination Shapes Sociology1675 Words   |  7 PagesBrittany Haun k0376004 Midterm Fall 2017 1a. Sociological imagination shapes sociology by allowing people to observe the relationship of one’s life and their personal experiences with that of the larger picture (MYAY 4). A person is able to look at the 10,000 foot view instead of one particular instance, helping to uncover the relationships between certain people, events, culture, etc. If we fail to use our sociological imaginations then we may miss the connections between the problems or eventsRead MoreAnalysis of the sociological imagination and its use in sociology.1483 Words   |  6 PagesSociological Imagnation The sociological imagination is the ability to look at the everyday world and understand how it operates in order to make sense of their lives. It is a state of mind, which enables us to think critically about and understand the society in which we live, and our place in that world as individuals and as a whole. C. Wright Mills, first wrote of the concept in 1959. His understanding of it being that it was a quest for sociological understanding involving a form of consciousnessRead MoreEssay on The Sociological Imagination1389 Words   |  6 PagesMy personal condensed definition of â€Å"the sociological imagination† is that it is the idea one should be aware of the societal structures around themselves, and how those structures can influence a person and vice-versa. In addition, I think that having a â€Å"sociological imagination† also involves a deep appreciation for the importance of society and culture. Consequently, for a person that has completed a basic introdu ction to sociology college course and actually paid attention, I would hope thatRead MoreSociology Imagination833 Words   |  4 Pagesdefined sociological imagination as the vivid awareness of the relationship between experience and the wider society. The sociological imagination is the capacity to shift from one perspective to another: from the political to the psychological; from examination of a single family to comparative assessment of the national budgets of the world; from the theological school to the military establishment; from considerations of an oil industry to studies of contemporary poetry.[1] Sociological Imagination:Read More Sociological Imagination Essay582 Words   |  3 Pages To understand the term `Sociological Imagination, it is important to identify what Sociology is and what do sociologists study. It is also vital to look at the three basic concerns of the sociological imagination or perspective, which include Social Structure, Social Institutions and Social Processes. Moreover, it is necessary to understand what C. Wright Mills means when he mentions the personal troubles of milieu and the public issues of social structure, and how it helps usRead MoreThe Sociological Imagination Essay1065 Words   |  5 PagesPaper Grade: 75 / C The Sociological Imagination The sociological imagination is an idea or a way of thinking that interlocks an individual in a society with the society as a whole. Most people refer to sociology as the study of how people or individuals interact with each other. In order to fully understand sociology and the concept of the sociological imagination as proposed by C. Wright Mills, one has to be able to envision the individual and the society working together to better understandRead MoreWhat Can We Do? Becoming Part Of The Solution1619 Words   |  7 PagesThe Sociological Imagination is a concept first used by a well-known sociologist, C. Wright Mills, in 1959. In Mills article, The Promise, indicates that, The sociological imagination enables its possessor to understand the larger historical scene in terms of its meaning for the inner life and the external career of a variety of individuals(Mills, 3). Sociological imagination helps individuals to contemplate their own troubles in a deeper level and view their daily routines in an entirelyRead MoreSociological Imagination s Critical Review1319 Words   |  6 PagesThe Sociological Imagination Critical Review Essay â€Å"The sociological imagination enables us to grasp history and biography and the relations between the two within society. This is its task and its promise.† C. Wright Mills writes about the sociological imagination in an attempt to have society become aware of the relationship between one’s personal experience in comparison to the wider society. By employing the sociological imagination into the real world, individuals are forced to perceiveRead MoreThe Sociological Imagination By C. Wright Mills1315 Words   |  6 Pagesâ€Å"The sociological imagination enables us to grasp history and biography and the relations between the two within society. This is its task and its promise.† C. Wright Mills writes about the sociological imagination in an attempt to have society become aware of the relationship between one’s personal experience in comparison to the wider society. By employing the sociological imagination into the real world, individuals ar e forced to perceive, from a neutral position, social structures that, in

The Importance of Healthy Eating Free Essays

The importance of healthy eating and the knowledge that I am not eating properly has impacted the way I look at food, but it has not yet translated into my daily food intake. Because I prefer grains and dairy products, I tend to snack and base my meals on these foods and have not yet added the necessary fruits and vegetables into my diet. According to the basics of the food pyramid (2007), I should be getting 5 servings of fruits and vegetables each day. We will write a custom essay sample on The Importance of Healthy Eating or any similar topic only for you Order Now Because I do not like the texture or taste of these food products, I have not yet increased my intake. Even though I know that increasing these items in my diet will help improve not only my overall dietary requirements, but also improve my nutrient consumption, I have not been able to force myself to eat things that I do not like. Instead, I have chosen to begin taking a multi-vitamin supplement to make certain that I am meeting my nutritional needs. One of the other drawbacks I had noticed in my diet was that I did not consume enough lean mean and beans on a regular basis. I am willing to eat more lean beef and chicken and have improved this some, my protein intakes are still lower than they should be on most days.   Using the pyramid tracker online (2007), I have discovered that my enjoyment of carbohydrates is leading to my exceeding the recommended calorie intake for me and have not been meeting my nutritional needs. One of the things I was surprised by was that I was not getting sufficient fiber. I discovered this was because I was eating white breads and crackers and carbohydrates made from processed grains instead of whole grains. I have been able to rectify this somewhat by simply changing to whole wheat crackers and bread. I have also added peanut butter to my crackers as a mid-morning snack and added another glass of milk with my crackers to make certain that I am meeting my dietary dairy needs. Because of this class, I am more aware of my food choices and have made a conscious effort to include more of the fruits into my diet. I had hoped at the beginning of the class that I would be able to modify my eating schedule and add fruits as a form of breakfast. I have not yet been able to do this. I am considering purchasing fruit juice to keep as a drink; Even if I only drink a few ounces of juice, this would be an improvement in that I don’t eat breakfast at all currently and I consume too few fruits. As I do not like vegetables in general, I am also considering the possibility of juices like V8 which are fortified with vegetables. Though I dislike this flavor as well, it avoids the texture issue I have with eating vegetables and it means I can reach my recommended daily allowance of vegetables without having to actually eat them. Furthermore, I have decided to keep baby carrots as a snack and attempt to eat them instead of crackers at some snack times in an effort to increase my vegetable consumption. I have also tried sliced apples with peanut butter as a snack to increase both my fruit consumption and my protein consumption. I have not particularly enjoyed these snack changes and have found that I fall easily back into my old eating patterns. Because I prefer grains and dairy, I have found that my fat and cholesterol intake are not terribly high, but neither is my nutrition (Tracker, 2007). Switching to whole grains has improved my fiber intake and because many grains are fortified, I am making inroads toward meeting my nutritional needs. I am currently doing so via taking a multi-vitamin, but because of this class, I am aware that it is much healthier to get my vitamins through food instead of pills. As such, I am trying to modify my diet to eat more iron-rich foods including red meat and vegetables, but I find that eating vegetables is very difficult. I have managed to force myself to begin eating smaller meals more frequently as a way to manage hunger and blood sugar levels, preventing binge eating and over-eating. I am hoping that these modifications to my diet will help to improve my overall energy levels and health. I have also been trying to get more exercise on the weekends as a means of improving my overall health and controlling weight gain. Based on my analysis of my diet and activity levels at the beginning of the class, it is clear that I have been gaining weight regularly because I take in almost 700 calories per day more than is recommended for me. Furthermore,   my lifestyle is more sedentary than even I realized and that contributes to both my lack of energy and my weight gain. Through the week I get some exercise via work, including a lot of walking, but on the weekends when I am largely devoted to my studies, my time is spent mostly working on a computer and studying. Neither of those activities use significant amounts of calories and help me to maintain a healthy lifestyle. Recently, to combat this I have begun taking a break every three to four hours from studying or other leisure activities on the weekend and going for a short walk. The 15 minutes walk helps reenergize me and clear my mind for the next bout of studying. I am also hoping that as I continue to do this I will be able to significantly increase my energy levels so that I do not feel so drained when I come in from work at night. I sued to enjoying working out with weights and believe that I could enjoy this again if I could simply motivate myself to go. Usually, by the time I am finished with a day’s work, I am more interested in relaxing than worrying about my health and fitness level. As I am not a morning person, the idea of getting to the gym before work in the morning is out of the question. Instead, I have decided to try to add a relaxing stroll either on my lunch hour or after dinner in the evenings as a way of increasing my overall fitness. I believe that improving my base fitness levels will lead to more energy and more desire to continue to increase my level of activity. As it stands now, I rarely get anything more than light activity and then only in short bursts. I believe that based on the things we have learned, if I increase each of those activities each day, I will soon be to the point where I can add moderate activity at least a few days a week. The most important things I have learned from this class is an eyes-open evaluation of my life. While I have not chosen yet to modify my lifestyle to what it needs to be, I am aware now of my failings and what steps will need to be taken to improve my lifestyle. I realize that my low energy levels are caused by my eating schedule and poor nutrition and that by improving what and when I eat, I can give myself more energy and be more active. I realize that every time I choose inaction over action I allow my body to become less fit and that fitness contributes to energy levels. I have found the resources, via the food pyramid and pyramid tracker on line to keep daily records and evaluate my progress. In short, this class has given me the tools necessary to live a healthy life and now I simply need to motivate myself to do it. List of References http://fnic.nal.usda.gov/nal_display/index.php?info_center=4tax_level=2tax_subject=256topic_id=1342, USDA Food Nutrition Information Center, June 17, 2007. How to cite The Importance of Healthy Eating, Essays

Risk Assessment of One Tel Company †Free Samples for Students

Question: Discuss about the Risk Assessment of One Tel Company. Answer: Intrdouction The title of this report is the risk assessment of One Tel Company. As the title suggest the report has identified the various factors that have contributed towards the risk level in the financial statements at the higher level. Each and every business in itself carries the risk. No business can run without the assumption of having the risk in it. Risk may consist of any form. It may be related to the purchases made by the company in the sense that after receiving the payment the supplier may not send the goods or may be related to the sales made by the company in the way that the customer may delay the payment or worst situation of not having the payment and so on. In this way the risk is faced by every kind of business. The first aim of the report is assess and identify the factors that contribute to the high inherent risk at both the level financial reporting and the account balance. The second aim is to identify the area which shows that the going concern is at high, low or medi um risk range. With these considerations the report has been prepared with main three sections. In the first section the factors have been detailed which has increased the inherent risk at the financial reporting level and in the second section the factors have been detailed which has increased the inherent risk at the account balance level. In third section, factors affecting the going concern have been detailed. Thereafter the report has been ended up with the conclusion of overall findings and recommendation thereon. Inherent Risk At Financial Reporting Level From the beginning of this world, history has witnessed many circumstances which depicts that the each and every business faces risk. The historical event that supports the above fact is of Lehman Brothers. The company has invested more in the real sector, being aware of the fact that the sector will be dropped down, due to which the 160 years old company is forcefully required to file the bankruptcy application. Thus, risk is the integral part of the every kind of business and it shall be taken into consideration by the business men. At the same time the auditor of the company is also required to consider the risk in business in order plan his audit accordingly and perform the audit function in an efficient manner (Karen, 2014). Three forms of risks have been laid down by the accounting and the auditing standards depending upon the nature, size and the type of business within which the company is operating. These are inherent risks, control risks and detections (ASA 315, 2014). In the given case study of One Tel. Company, the discussion has been done for only the inherent risks. Inherent risks is defined as the chance of having the omission or deletion of any material fact from the financial statements of the company due to the reasons which are totally out of the hands of the company i.e. due to uncontrollable reasons. In other words the inherent risk denotes that the probability of having the misstatements which is material due to uncontrollable factors. It signifies that the inherent risk will be present where there are factors which are out of control and not there where is the lack of control in the system of the company. The auditor of the company shall evaluate this risk with the application of his du e professional care and professional skills (Nosberger, 2015). This type of risk mainly incur due to the fact that there have been some inherent limitations which is the part of the business of the company and cannot be controlled by any means. In the given case, following are the factors that have contributed at the financial reporting level with the increased inherent risk assessment: Lack of Integrity of Management The management of the company shall have integrity and shall gain respect in the market within which the company is operating. In case the managements integrity within the market gets down then the reputation of the company in the market will also get depleted (Leong, 2009). The lack of integrity of the management is confirmed when the auditor right to contact other people on the market is restricted to perform integrity check. Thus, the lack of integrity increases the level of inherent risk at the level of financial reporting made by the auditor. Management Experience Management experience plays very important role in the effective functioning of the company. If the team of the management is not experienced then the company will soon be in the situation of the failure (Cohen, Krishnamoorthy and Wright, 2007). In the given case the company has the management team which does not have the enough experience and have itself admitted that the management team has the limited knowledge and experience (Wielligh, 2015). The lack of knowledge and the experience will lead to improper preparation of the financial report. Also the management of the company is in the process of hiring the new directors which will again show that there is the high rate of retrenchment in the top positions as the good and honest team will always resist in doing wrong and thus will be regarded as the high risky area by the auditor (Monroe and Woodliff, 2013). Thus, along with the above factors the auditor will also consider the factors like pressure on management regarding poor cash flows, loss and nature of the business of the company and factors which affecting the industry in which the company is operating for assessing the inherent risk at the financial reporting level (Knechel, 2007). Inherent Risk Ataccount Balance Level The inherent risk also presents in the account balance level as to how the account balances may be manipulated by the company and here the factors are discussed which depicts that there may be inherent factors which may contribute to the higher inherent risk. Inventory Level- The inventory plays the very important role in judging the liquidity of the company from the face of the balance sheet of the company. Maintaining the higher level of inventory depicts that the company is having liquidity problem and the company is not able to sell the product within the time of the operating cycle. In case the company maintains the lower level of inventory then there will again the risk of having the loss of customers. Thus, there are the high chances of inventory to loss or misappropriation. (Miller, Cipriano and Ramsay, 2012). Unusual Transaction The unusual transaction has happened in the case of the share capital of the company. The share capital of the company has been considerably increased from 355.60 million dollars in the year of 1999 to 1225.60 million dollar in the year of 2000. The increase has been mainly welcomed by the company through the issue of shares of the company rather than the increase in profit of the company. Thus, it can be said that the company is not able to generate the profits of the company and rather have funded the operations of the company through the issues of the shares of the company and collecting the amount from the shareholders of the company (Shariff and Chan, 2008). The considerable increase so made have alarmed the situation of the auditor as to plan the audit accordingly keeping in consideration the inherent risk of having the other unusual transactions too in the financial statements like increase in extra ordinary items, increase in the depreciation, etc. Assessment Of Going Concern The principle of going concern has been given by the generally accepted accounting principles and the company has to do the accounting and have to prepare the financial statements in accordance with the assumption of the going concern. The assumption states that the company will work in future and the financial statements will be prepared in that manner only (Blay and Geiger, 2013). Following are the factors that have contributed to the high risk affecting going concern as interpreted from the financial statements of the company: Consecutive Loss Making for last two years The Company has been incurring the losses for the last two years. In the year of 1999, the company has incurred the loss of 68.70 million dollar and 282.10 million dollar in the year of 2000. Thereby the Net Profit ratio has been considerably decreased. The table details the calculation: Year Net Profit / (Net Loss) Sales (Assumed) Net Profit Ratio / (Net Loss Ratio) 1999 (68.70) 1000 (6.80) 2000 (282.10) 3000 (9.50) Poor Cash Flows The Companys cash flow statement depicts that more cash has been paid to the customers and employees of the company and corresponding less cash has been received from the customers. The amount paid equals to 684.80 million dollar and the amount received equals to 510.90 million dollar. It shows that in the upcoming years the company will soon face the liquidation problem. Also at the end of the year, company has shown the net decrease in cash and cash equivalent of 6.6 million dollars. Further the company has made heavy investment in the Property Plant and Equipment amounting to 613.10 million dollar but the assets so increased have not made the company either to generate the cash flows or to generate the profits. Apart from the above factors there are factors too which shows that the areas of going concern are assessed at high level like sudden increase in the increasing rate of Accounts Payable as compared to accounts receivable, effective working of competitors, etc. Particulars 1999 2000 Change (%) Accounts Payable 73.0 277.20 279.73 Accounts Receivable 72.0 218.40 203.33 Conclusion and Recommendation The company One Tel is in the telecom industry and has been growing since then. The company has not considered the type of risks that is present in the business. Therefore, the factors have been identified which have contributed towards the inherent risk at the financial reporting and account balance level. In both the levels, it has been found that there is the high level of inherent risk which the auditor shall consider while planning the audit. The company has also the high risk for going concern assumption. It is recommended for the company to adopt the procedures and incorporate the system in such manner that the risk may be mitigated. References ASA 315, (2014), Auditing Standard ASA 315, available on https://www.auasb.gov.au/admin/file/content102/c3/Nov13_Compiled_Auditing_Standard_ASA_315.pdf accessed on 24/05/2017. Blay, A.D. and Geiger, M.A., 2013. Auditor fees and auditor independence: Evidence from going concern reporting decisionsContemporary Accounting Research,30(2), pp.579-606. Cohen, J.R., Krishnamoorthy, G. and Wright, A.M., 2007 The impact of roles of the board on auditors' risk assessments and program planning decisions.Auditing: A Journal of Practice Theory,26(1), pp.91-112. Knechel, W.R., 2007. The business risk audit: Origins, obstacles and opportunitiesAccounting, Organizations and Society,32(4), pp.383-408. Karen KW, (2014), Risk in Auditing The Inherent Risk available on https://www.hkiaat.org/images/uploads/articles/PBEPIII_inherent_risk.pdf accessed on 24/05/2017. Leong, C.T., 2009, Inherent risk assessmenta new concept to evaluate risk in preliminary design stage-Process Safety and Environmental Protection,87(6), pp.371-376 Miller, T.C., Cipriano, M. and Ramsay, R.J., 2012 Do auditors assess inherent risk as if there are no controls?Managerial Auditing Journal,27(5), pp.448-461 Monroe,G. and Woodliff, D. R. (2013), TheImportanceOfInherentRiskFactors: Auditors Perceptions. Australian Accounting Review, 3: 3446 Nosberger T, (2015), Why do we need Audits and Auditors, available on https://www.unifr.ch/ses/pdf/cours/Audit_methodology_FS_10.pdf accessed on 24/05/2017. Ryu, T.G. and Roh, C.Y., 2007, the auditor's going-concern opinion decision-International Journal of Business and Economics,6(2), p.89 Shariff, A.M. and Chan, T.L., 2008, Inherent Risk Assessment- Inthe 2008 Spring National Meeting Wielligh SPJ, (2015), High Inherent Risk Elements in financial statements of Listed South African Long Term Insurers, available on https://journals.co.za/docserver/fulltext/meditari/12/1/meditari_v12_n1_a11.pdf?expires=1495604697id=idaccname=guestchecksum=53A2B132B5C10DF197A7DE8BCEB79E30 accessed on 24/05/2017.