Sunday, August 23, 2020

Financial systems around the globe Essay Example | Topics and Well Written Essays - 1500 words

3 Steps to Acing Your Upcoming Group Interview You’ve been approached in for a board meet. Perhaps you’re threatened. Perhaps frightened. Possibly you’re not even sure you comprehend what that really involves. Whatever your degree of fear, here are three simple strides to traversing your board meet tranquilly and in one piece. Stage 1: BEFOREYou reserve the privilege to ask who will be on your board. Do this. At that point inquire about each board part as well as could be expected. You’ll have the option to make sense of a considerable amount and get ready better for what each may be generally quick to ask you. What does this specific gathering of individuals educate you regarding what the organization is attempting to assess?You can likewise ask to what extent (generally) the meeting should last. This will give you a nice sentiment for what amount to and fro conversation will be conceivable, how much space you’ll be given to pose inquiries, to what extent your answers can be, etc.Step 2: DURING Treat every individual on the board like an individual not simply one more anonymous face. This isn't an indifferent divider asking you inquiries. Every questioner on your board is another chance to make a human association and persuade that a lot more individuals in the organization what an extraordinary fit you would be.Be sure to observe everybody’s name as they are presented. Record every one if that causes you recall. When responding to questions, talk straightforwardly to the person who asked, yet then attempt to widen your answer out to cause the remainder of the board to feel remembered for the discussion.Step 3: AFTERYou’ve took in their names and put forth an attempt to interface with each board part presently thank every single one of them earnestly withâ solid eye to eye connection and a quality handshake. From that point forward, it’s the typical post-meet follow-up methodology. Be that as it may, recall that you have to keep in touch with one card to say thanks for each board part. It appears to be a torment, however it’s these little contacts that will help set you apart.The board talk with: 6 hints for previously, during, and after

Friday, August 21, 2020

Colombo Frozen Yogurt Case free essay sample

In 1994, General Mills Incorporated, a $6 billion purchaser merchandise organization, procured Colombo Frozen Yogurt. General Mills Inc. (GMI) accepted they could add Colombo solidified yogurt to their current item lineup to expand net deals with little option in showcasing cost. Solidified yogurt is sold through two unmistakable fragments †autonomous shops and motivation areas, for example, cafeterias, schools, and smorgasbords. Solidified yogurt is the primary business for the shops though yogurt is gradual to the motivation locations’ fundamental business. GMI’s huge deals power previously served the motivation advertise. The money related outcomes in the main couple of years were blended. Income expanded somewhat and afterward dropped every year despite the fact that business volume was generally level. Altogether, marketing costs dropped, while estimating advancement rates raised. The GMI deals power concentrated on the motivation fragments and evaluating advancements were accepted to be driving volume increments. Be that as it may, volume in the shop fragment declined at disturbing rates and there was boundless disappointment in the business association. We will compose a custom exposition test on Colombo Frozen Yogurt Case or then again any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page While GMI realized deals by fragment, they didn’t track costs by portion. Rather costs were dispensed dependent on deals dollars. The circumstance was ready for a more clear look utilizing ABC strategies. Today’s Frozen Yogurt Market Structure: When Colombo Yogurt Company started advertising delicate serve solidified yogurt in the mid 1980’s, their principle appropriation was through free yogurt shops. In the mid 90’s, they confronted rivalry from establishment tasks, for example, TCBY and Freshens that supplanted a significant number of the free yogurt shops. Furthermore, the market changed as Foodservice administrators, for example, cafeterias, schools, and smorgasbords began to add delicate serve yogurt to their business. By the late 90’s, these Impulse areas represented 2/3 of the delicate serve advertise. In the late 90’s, Shop deals started to increment with the expansion of particular new items, for example, smoothies, supporters, and granitas. The Shops make their living from the delicate serve business and must advance or leave business (as thousands have done in the most recent decade). Then again, the Impulse areas make their living from different things and the delicate serve exchange is just execution topspin. These organizations are reluctant to face any challenge (new gear or additional work) to serve profoundly separated items like smoothies or granitas. The GMI-Colombo Marketing Plan: The GMI Foodservice Division markets brands, for example, Cheerios, Yoplait, Betty Crocker, Gold Medal Flour, Hamburger Helper, Pop-Secret, and Chex Snack to Food Management Firms, Hospitals, and schools. Colombo yogurt was added to this item lineup and the Foodservice deals power secured both Shop and Impulse areas. Salesforce: Colombo’s salesforce was converged into the Foodservice salesforce. Clients were reassigned to sales reps who previously overhauled that land zone. The sales reps shifted in their response to the item. Some discovered shops simple to offer to while others stayed away from the shops regardless of the conceivable lost commission. Many invested a great deal of energy helping their drive clients see how to utilize the hardware. Marketing Promotions: Colombo generally charged the Shops for promoting that was huge scope and eye popping (neon signs). The Shops utilized these signs to draw clients inside. GMI decided not to charge for promoting and to give a similar enormous scope marketing to the two Shops and Impulse areas. Shops were keen on the units while numerous Impulse areas didn’t even hang them up. Valuing Promotions: Pricing advancements are a backbone of GMI’s motivation area approach. GMI’s salesforce for the most part utilized these advancement occasions as a chance to visit their records and exploit the event to address administration issues and sell different items that may not be included. GMI made value advancements accessible to the two sections of the market. While the arrangements were normally around $5 per case, they found the middle value of $3 per body of evidence against all the volume transported during the year. GMI advertising realized cost was not a significant choice factor for Shops and they didn't target valuing advancements to them. Be that as it may, Shops knew about the advancements and exploited them.

Saturday, July 11, 2020

The Renaissance Period in Theatre History Essays

The Renaissance Period in Theatre History EssaysSome of the most interesting ideas about theatre history can be found in Renaissance theatre history essays. These types of articles and essays are so fascinating, because they are examining the history of a specific piece of theatre and analyzing why it was ever created.For example, a medieval period essay would explore how the drama in a play can reflect the personalities of those in attendance. It may show them to be more successful in their careers than those who did not enjoy the performance. This information can also help to encourage the actors in attendance to perform better performances in future performances.In addition to this, Renaissance theatre history essay topics often look at the changing social and political climate that existed in Europe at the time. Theatre was not always very tolerant or even safe for audiences, so the plays of the time were mostly for adults only. But due to the ever-increasing popularity of this t ype of entertainment, more people were allowed to attend, and thus more people were able to enjoy the plays of the time.More citizens were allowed to attend such theatres because the governments wanted them to. They were also getting more respect from the general public, which means that anyone could watch the plays of the day and have a good time.There are also more theatre history essay topics about the role of religion in all of this. This is especially important to note, as many people, particularly in the Renaissance period, were religious, and the religious views of the audiences were often hurtful.A more historical piece of theatre history essay can discuss how religious beliefs have affected the development of some of the major forms of entertainment. For example, people often choose to leave a play if they find it offensive to their religious beliefs. This is probably the most interesting aspect of a Renaissance theatre history essay, because they often look at these types of entertainment, specifically the role religion can play in creating new forms of entertainment.If you have ever seen a play or even just heard a piece of classical music, you have probably learned something while watching. A renaissance theatre history essay can give you much more information than just watching a play.

Wednesday, May 20, 2020

Financial Market Institution - 17199 Words

19843_05_c05_p141-172.qxd 12/7/05 9:43 AM Page 141 C H APTE R 5 FINANCIAL MARKETS AND INSTITUTIONS A Strong Financial System Is Necessary for a Growing and Prosperous Economy Financial managers and investors don’t operate in a vacuum—they make decisions within a large and complex financial environment. This environment includes financial markets and institutions, tax and regulatory policies, and the state of the economy. The environment both determines the available financial alternatives and affects the outcomes of various decisions. Thus, it is crucial that investors and financial managers have a good understanding of the environment in which they operate. History shows that a strong financial system is a necessary†¦show more content†¦To make good decisions, financial managers must understand the environment and markets within which businesses operate. Therefore, in this chapter we describe the markets where capital is raised, securities are traded, and stock prices are established, as well as the institutions that operate in these markets. Because the overall objective of financial managers is to maximize shareholder value, we a lso take a closer look at how the stock market operates, and we discuss the concept of market efficiency. 1 For example, some insurance companies allowed brokers to keep premiums for as much as a year before remitting them to the insurance companies. The brokers invested these premiums and earned interest on them, and this gave them an incentive to steer business to these companies rather than to insurance companies whose policies might be better for the brokers’ clients. 19843_05_c05_p141-172.qxd 12/7/05 9:43 AM Page 143 Chapter 5 Financial Markets and Institutions 143 5.1 AN OVERVIEW OF THE CAPITAL ALLOCATION PROCESS Businesses, individuals, and governments often need to raise capital. For example, suppose Carolina Power Light (CPL) forecasts an increase in the demand for electricity in North Carolina, and the company decides to build a new power plant. Because CPL almost certainlyShow MoreRelatedFinancial Markets and Institutions3558 Words   |  15 PagesFinancial Markets and Institutions Mid-Semester Exam Revision The Flow of Fund- the financial system allows the flow of funds from surplus spending units (SSU’s) to deficit spending units (DSU’s). Providers of funds (SSU) receive a financial instrument (which stipulates the terms of the deal – i.e. amount lent, stream of future income, maturity date, etc.) issued either by the receiver of the funds (DSU) or by a financial intermediary. Direct Finance- SSU’s lend money to DSU’s and SSU’s hold aRead MoreFinancial Market And Financial Institutions1801 Words   |  8 Pagesthat change in financial market and financial institution will mark the discipline of finance over the foreseeable future and will produce new kind of institutions, markets and securities. (Fabozzi, 2002) Financial market and financial institution are playing more and more important roles in modern financial system. In general, a financial market is a mechanism for trading financial assets and securities in financial system. Financial assets are exchanged in financial markets. Financial intermediariesRead MoreFinancial Institutions and Market7668 Words   |  31 PagesFINANCIAL INSTITUTIONS AND MARKETS Unit I: Nature and Role of Financial system – Introduction; structure of financial system; Equilibrium in financial markets; financial system and economic development; Theories of Impact of Financial developments Unit I - Introduction to Financial Institutions and Markets Financial System- implies a set of Complex and closely connected institutions, markets, transactions, agents, practices, claims and liabilities in a economy What is the financial system concernedRead MoreQuestions On Financial Markets And Institutions1492 Words   |  6 Pages Financial Markets and Institutions Summative assignment Anonymous code: Z0964988 13/03/2017 The global market has never been as large, dynamic and diverse as it is today. Financial institutions have contributed to improve its efficiency by allocating people’s savings to productive investments, thereby making both the users and providers of funds better off. Investment banks are undeniably part of this process, yet the variety of functions they serve makes it rather difficult toRead MoreThe Role of Financial Institutions and Markets2005 Words   |  9 Pagesï » ¿The Role of Financial Institutions in Financial Markets and Financial Crises 1. The Financial Market and The Recent Financial Crisis 1 2. Financial Institutions 3 2.1 Types of Financial Institutions 3 2.2 The Role of Financial Institutions in the Financial Markets 4 2.3 The Role of Financial Institutions in the Financial Crisis 6 3. Conclusion 7 1. Financial Market and Financial Crisis Technology, globalization, competitionRead MoreQuestions On Financial Institutions And Markets2871 Words   |  12 PagesFINAL TERM PROJECT CALIFORNIA STATE UNIVERSITY OF LOS ANGELES FIN 331 Financial Institutions and Markets Spring Quarter Group 5 Shad Boots Alejandro Carral Antonio Fernandez Johnny Pham June 11, 2014 Page | 1 CONTENTS Introduction ................................................................................................................................................................... 2 Financial Markets .....................................................................................Read MoreOverview of Financial Markets, Institutions and Money1205 Words   |  5 PagesOverview of financial markets, institutions and money 1. Explain the role of the financial system and why it is important to individuals and to the economy as a whole The financial system consists; i) Financial markets (markets for buying and selling financial instruments) Money market and capital market Primary and secondary market Creation of Financial assets (shares, bills, notes) Trading of financial assets ii) Financial Institutions Banks, finance companies, credit unions Invest in financial assetsRead MoreEssay on Chapter 1: an Overview of Financial Markets and Institutions1282 Words   |  6 PagesCHAPTER 1: An Overview of Financial Markets and Institutions Answers to End-of-Chapter Questions 1. Does it make sense that the typical household is a surplus spending unit (SSU) while the typical business firm is a deficit spending unit (DSU)? Explain. The typical household begins as a SSU, has a deficit moments in the period when a home is purchased, autos are purchased, and tuition payments are made. For the most quarters (the typical flow of funds time unit) the household sectorRead MoreFinancial Institutions And Foreign Markets1284 Words   |  6 PagesIf financial institutions are to obtain significant yields, then foreign markets can be a valuable remedy for them. Bertos Financial Services Inc., a major financial institution based in Tennessee is keen to achieve extra miles regarding foreign investment. Consequently, these ideal foreign markets have to be selected from five suitable countries, then analysed regarding prospects that can enable the institution to thrive as well. The first country that the BFSI should consider is Argentina. FirstRead MoreQuestions On Financial Markets And Institutions1348 Words   |  6 PagesFinancial Markets and Institutions 1. Explore one (1) financial market and the types of transactions supported by it in the U.S. and global economies. Determine how valuable these transactions are to the overall U.S. and the global economies. Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services (Federal Reserve Bank of San Francisco, January 2005). Borrowers and

Wednesday, May 6, 2020

The United Nations - 858 Words

It is the role of the most powerful states in the world, via the United Nations, by abiding to theories of liberalism which advocate for the use of international institutions to deliver peace, to intervene in the conflicts of other states if mass atrocities are being committed against vulnerable populations, or seem likely in the near future, and no other state or organization is stepping in to protect them. In order to most effectively provide this assistance, the Department for Peacekeeping Operations (DPKO) of the UN needs to change its definition of peacekeeping from a largely pacifistic approach to one that sees the necessity in using force when confronted with crimes against humanity. The basis for this assertion is the philosophy of humanism, which uses egalitarian principles, celebrating the beauty of life and the value of human beings as a whole group, placing importance on the well-being of all humans throughout the world. In essence, no life is more important than another, as we are all human beings, regardless of our place of origin. Nationalism and nation-states are just methods to further divide humanity. Thus, all citizens of the world should be afforded an equal entitlement to the protection of a powerful military force. The responsibility of responding to humanitarian crises needs to shift from single states, to an international coalition, organized by the UN. The DPKO should be bolstered with more troops from peaceful states in order to build anShow MoreRelatedThe United Nations1385 Words   |  6 Pages specifically in this study, chemical and biological weapons (CBWs). The United Nations is probably one of the most powerful international organizations in the world. The preamble to the United Nations charter lists its many goals, among them are to prevent war among succeeding generations, to reaffirm faith in fundamental human rights, in the dignity and worth of humans, equal rights between men and women, large nations and small, to establish justice and respect for obligations arising from treatiesRead MoreThe League Of Nations And The United Nations1178 Words   |  5 PagesLeague of Nations and the United Nations are two unique forms of international governance created by world powers out of the same necessity—needing a better format of managing global conflict. However, both international organizations were created, structured, and operated under very different circumstances. For instance, the League of Nations was created during towards the end of World War I, when nations were looking for a governing body to address future global con flicts. Similarly, the United NationsRead MoreThe United Nations734 Words   |  3 PagesINTRODUCTION United Nations (UN) was an international organization exists in anarchical international system. It was established on 24 October 1945 in San Franscisco as successor to League of Nations which had failed in 1930’s. UN rights now has 193 members which obliged under the UN Charter. UN Charter has four main purposes, which are to keep peace throughout the world, to develop friendly relations among nations, aids nations in terms of humanitarian and lastly, to become center of synchronizationRead MoreThe League Of Nations And The United Nations957 Words   |  4 PagesLeague of Nations. the League of Nations was urgent to maintain a strategic distance from a redundancy of the abhorrences of the Great War. The primary points of the association included demobilization, avoiding war through aggregate security, settling question between nations through transaction and discretion, and enhancing worldwide welfare. Unfortunately, they failed and their failures caused the second world war . Then, after the world war II decided to replace the League of Nations by a new organizationRead MoreUnited Nations And The Nations1380 Words   |  6 PagesUNITED NATIONS PEACEKEEPING INTRODUCTION The world stays alive with seven continents, some countries, numerous states and a population of seven billion living on it. Making this big multitude live together in the world at large, sharing the same commodities, living in harmony is a difficult task. The more brains, the more wide perspective, the more broad definitions of peace in the world. To accommodate this perspective together in a room a unit called United Nations Charter was signed on 26thRead MoreThe United Nations And The Nations1301 Words   |  6 Pagesby and for the world, one that should rally nations. The nature of this task however, must be clearly understood; only then can suitable means for accomplishing it be formulated, only then can the role that the United Nations could and should play be appreciated† ( Wilcox/Haviland, 29). There are many international organizations that have been talked about throughout this semester. One of the most important ones is The United Nations. The United Nations wa s established October 24, 1945, and hasRead MoreThe Declaration Of The United Nations1482 Words   |  6 Pagesâ€Å"We the people of the United Nations,† is the beginning of the UN preamble. First states, â€Å"Determined to save succeeding generations from war.† Secondly to, â€Å"reaffirm faith in fundamental human rights.† Third, to uphold international law. And fourth, â€Å"to promote social progress and better standards of life in larger freedom.† The UN is a controversial topic that many people have different opinions about. In this paper it will discuss the history to how the United Nations came about, the structureRead MoreThe Origins Of The United Nations1218 Words   |  5 Pageshuman history we share a common destiny. We can master it- only if we face it together.† The origins of the United Nations began seventy years, here, in the United States. â€Å" In 1945, representatives of 50 countries met in San Francisco at the United Nati ons Conference. Each delegate deliberated on the proposals by the representatives of China, the Soviet Union, the United Kingdom, and the United States at Dumbarton Oaks starting in August of 1944. The Charter was signed in June of 1945 by each of theRead MoreThe Declaration Of The United Nations931 Words   |  4 Pagesof 1948 created by the United Nations, was the first document that outlined human rights on much more global scale. The Virginia Declaration of Rights drawn up by George Mason, consisted of 16 sections, which described the rights of men and what they could do within the government. It stated that all power is vested within the people and that all men are naturally born free and equal. It also stated that the government has to protect the security of the people and nation. It separated the governmentRead MoreLiberalism And The United Nations878 Words   |  4 Pagesnon-governmental organizations. International organizations, normative values, and terrorism are all examples of how international relations is progressing into liberalism. International Organizations An example of the relevance of liberalism would be the United Nations, a global organization, which was developed for the intent of maintaining world peace. Anne-Marie Slaughter states that the world will be multilateral in the future because of the UN’s expansion. Liberalists would also say because of institutions

People and Organizations for Journal of psychology- myassignmenthelp

Question: Discuss about thePeople and Organizations for Journal of Psychology. Answer: Over the last 50 years, organizational structure has evolved drastically with the changing business requirements of businesses. Moreover, with the globalized nature of business, organizations felt increasing needs of changes in the organizational structure. Traditional organizational structure was quite rigid and formalized. The leaders used to orders to the low level employees and the employees were to follow the strict instruction of the leaders. However, contemporary organizational structure is less formalized, where low-level employees can easily interact with their upper managers (Fan, Wong and Zhang 2013). They can easily share their issues and concern with the managers for getting immediate solution on it. Organizations are less likely to face any conflicting situation in such contemporary organizational structure. Over the last 50 years, organizational structure has also evolved in terms of its simplicity. Moreover, unlike the complex traditional organizational structure of traditional organizational structure, contemporary organizations are simpler in its approach. Leaders are always there for the employees to help them in overcoming any barriers faced in their works. Apart from that, with the globalized nature of business, the managers of contemporary organizations have started to decentralize their authority to respective department either nationally or internationally. Moreover, the departmental managers of contemporary organizations can take prompt and necessary decision as required by business without much intervention of upper level managers (Guadalupe, Li and Wulf 2013). Organizational socialization is the process, where new employees become acclaimed with the organizational culture of their new workplace. While considering the example of a organization having people focused culture, the name of Coca Cola Amatil can be considered first. The organization has both formal as well as informal socialization process for encouraging and strengthening the organizational culture. While considering formal socialization process, the organization uses orientation and training program for the new employees towards making their acclaimed with the functions of their new job position (Perrot et al. 2014). Apart from that, the organization also uses mentoring process, where senior employees communicate the values, skills and habits with the new employees. Such programs help the new employees more easy and flexible with their new workplace and they can better concentrate on their work having flexible workplace. On the other hand, in informal socialization, Coca Cola A matil uses the process of interaction with the new employees in the lunchroom. Apart from that, the organization also uses some celebration methods for making the new employees easier in their workplace. Such informal socialization allows the new employees to share everything with the senior members, which can be beyond their working area (Nifadkar and Bauer 2016). Self-determination theory is a motivational theory, which is aimed individuals goal directed behavior. This theory has explored three basic human needs to be fulfilled for their motivation. These three needs are namely autonomy, competence and relatedness. The manager of an organization should provide the employees the freedom of choice for their work towards fulfilling their autonomy needs. In this way, the employees can engage their exercise effectively and enjoy their experience in their preferred job roles. Such intrinsic motivation will motivate the employees towards enhancing their efficiency in their preferred job roles. On the other hand, mangers of an organization should provide positive reinforcement to the employees for fulfilling their competency needs (Olafsen et al. 2015). Moreover, the employees should be provided with challenging task, where they can exercise their mastery over their work. Furthermore, skill-specific feedback and rewards for completing challenging wor k would fulfill the competence needs of the employees. Such motivation would encourage the employees toward performing challenging work easily. Apart from that, the relatedness needs of the employees can be fulfilled through teamwork and interaction within the workplace (Cerasoli and Ford 2014). Such teamwork and interaction can meet connectedness needs and shared experiences of the employees, which can motivate the employees towards enhance performance. Reference List Cerasoli, C.P. and Ford, M.T., 2014. Intrinsic motivation, performance, and the mediating role of mastery goal orientation: A test of self-determination theory.The Journal of psychology,148(3), pp.267-286. Fan, J.P., Wong, T.J. and Zhang, T., 2013. Institutions and organizational structure: The case of state-owned corporate pyramids.The Journal of Law, Economics, and Organization,29(6), pp.1217-1252. Guadalupe, M., Li, H. and Wulf, J., 2013. Who lives in the C-suite? Organizational structure and the division of labor in top management. Management Science,60(4), pp.824-844. Nifadkar, S.S. and Bauer, T.N., 2016. Breach of belongingness: Newcomer relationship conflict, information, and task-related outcomes during organizational socialization.Journal of Applied Psychology,101(1), p.1. Olafsen, A.H., Halvari, H., Forest, J. and Deci, E.L., 2015. Show them the money? The role of pay, managerial need support, and justice in a self?determination theory model of intrinsic work motivation.Scandinavian journal of psychology,56(4), pp.447-457. Perrot, S., Bauer, T.N., Abonneau, D., Campoy, E., Erdogan, B. and Liden, R.C., 2014. Organizational socialization tactics and newcomer adjustment: The moderating role of perceived organizational support.Group Organization Management,39(3), pp.247-273.

Thursday, April 23, 2020

The darkling thrush by Thomas Hardy Essay Example For Students

The darkling thrush by Thomas Hardy Essay However, pulse also has an agricultural connotation, as does the word germ. Pulse and germ, or germination, in terms of agriculture, refers to cycles of pods, which refers to resurgence, renewal, and new life. Hardy then states that this renewal of life was shrunken hard and dry, indicating its death. This coincides perfectly with Hardys idea that the turn of the century signals the point in which time will stop, and that no renewal of life is foreseeable. The second interesting thing about the second octave was the wording in which it ended. We will write a custom essay on The darkling thrush by Thomas Hardy specifically for you for only $16.38 $13.9/page Order now Hardy does not speak of mankind, like in the first octave, but speaks of spirits, and how they are fervourless. Fervourless is more then just a lack of passion or expression, but literally means without warmth, such as the bodies of the deceased. Hardy alters the mood of the poem in the third octave, when he hears the first sign of a vigorous, energetic creature in The Darkling Thrush. At once a voice arose among The bleak twigs overhead In a full-hearted evensong Of joy illimited; A darkling thrush is normally a very small, colorful bird, which is more often heard than seen. Hardys describes his thrush in similar fashion as he described everything else bleak in the world, as aged, frail, and gaunt. However, despite the growing gloom of the physical world, the thrush had chosen to fling his soul. Here, Hardy is carefully wording the image of a powerful source of splendor existing in a world of unsightliness. A small, fragile thrush had the courage to sing optimistically in spite of the tomblike desolation during the funeral of the eighteenth century. The forth and final octave of the poem illustrates a conflict in the mental state of Hardy. Although the song of the thrush has not convinced him that the dismal condition of the world is imaginary, it has caused him to think. The winter earth still leaves little cause for carolings, and Hardy still remains on the deathbed of an old century. Furthermore, the fact that the blessed Hope is a positive awareness the bird has and of which he is unaware, instills a final sense of despair upon the conclusion of the poem. Immersing The Darkling Thrush in a lifeless setting, absent of all but one moment of optimistic existence, Thomas Hardy intertwines a combination of figurative language, pessimistic metaphors, and depressing similes into his work, providing a foundation of depressing and miserable emotions for his very existence. Even when Hardy captures a glimpse of exuberance from an aged, frail, and gaunt thrush, he asserts that his personal difficulties expel him from the possibilities of knowing hope. As all indications of hope diminished with the weakening eye of the day, Thomas Hardy employed the poetic mechanism of imagery to illustrate a desperate and unpromising centennial

Tuesday, March 17, 2020

Writing Special Educational Needs Essay

Writing Special Educational Needs Essay Writing: Special Educational Needs Essay The effectiveness of leadership and management of the early years provision The leadership team have demonstrated a very high standard of leadership and management through careful analysis of the pre-school’s needs and the implementation of improvements. This enables the children to access an exciting range of stimulating and imaginative activities that contribute significantly to their all round excellent progress and development. Detailed planning that takes account of the six areas of learning as well as children’s individual interests ensures that they are well motivated and are developing into confident young learners. The manager has developed a strong team, who along with the committee, and taking account of parents’ views, are closely involved in evaluating in detail the provision’s strengths and areas for development very thoroughly. Over the last year they have incorporated the requirements of the Early Years Foundation Stage, by ensuring all staff have received training in the new framework and through extensive revisio n of their planning and assessments procedures. Regular staff meetings are held to evaluate practice and for further planning to ensure the individual needs of all children are being met effectively through the provision of challenging and interesting activities. The key person organisation enables staff to monitor progress closely and to communicate regularly with parents how well their children are doing. All staff have access to further training to regularly update their skills, especially in first aid, food hygiene, special educational needs, managing behaviour and child protection matters. Annual appraisals ensure that staff maintain high standards and that any training needs are identified and met. Parents are seen as very important partners and their views are closely canvassed through questionnaires, newsletters and discussions. The optional lunch club was implemented following a suggestion from a parent. Home booklets enable parents to record activities and achievements mad e by children at home, sometimes using photographic evidence, which is then shared with pre-school and included in their assessment information. Parents describe the provision as ‘brilliant’ because of the good level of care provided and because their children enjoy attending so much. Parents are particularly pleased with the excellent transitional arrangements made with the school which allows many visits for children to get to know the staff and other children through joining in a range of activities like plays, assemblies, and story time. Parents are

Saturday, February 29, 2020

Asian and African People Essay Sample

If one looks at the map of the universe. it is difficult non to detect that Asia is the biggest land mass. Asia is of import to the remainder of the universe. The importance of this portion of universe is non merely because it is the biggest continent of the universe. but besides because it is the part if the universe which is place to the bulk of humanity. All dumbly populated states are located in Asia. Asia spans 100s of longitude and as a consequence you find a assortment of civilization and traditions in Asia. Asiatic people are by and large closely bound to their traditions and for them it is ever hard to interrupt off. The continent as a whole is rich in traditions and values. Asiatic people are posterities of a assortment of races. You find one sort of people ruling one part in Asia. For illustration. the Indian subcontinent is home to the Aryans. The East of India is largely home to the yellow races which include the Mongols. These people have really typical characteristics and can be identified really easy. The West of India is largely populated with Persian and Arab characteristics. More towards the West you find western mix in the mosaic of population that lives in Asia. Asiatic people are different from the people of the other continents as these people are still near to their roots and in most of the states you find agro based economic systems. The economic systems are non really good developed and you find intertwine the force per unit area on land is great. Still. being blessed with the most fertile fields of the universe. Asia is feeding the remainder of the universe as a granary. In Asia. you still find that coevalss after coevalss of people are bound with the traditional values. The West of Asia is largely dominated by the Muslim values as a concatenation of Muslim states is located in this portion of the universe. In general here Islamic values are followed and household unit is appreciated. Families are the basic structural unit in doing up the societies here. Even in the technically advanced and developed states like Japan. you still find that household ties are of import to them. Peoples from more developed parts of the universe sometimes see Asiatic people to be rearward and superstitious. but I believe the Asians are happy and at place with their household units still integral. Asiatic traditions are most of the times truly colourful and in some instances hard to understand for people coming from extremely developed states. The impact of faiths on the traditions and values of the people of Asia is outstanding. Most of the people populating in Asia find faith and linguistic communication to be truly of import to them. The frock codifications are specific and the festivals are besides under the spiritual influence. In general. you can state that Asiatic life is different from the life in other parts of the universe. It is still about place and household. Peoples here are still bound to their roots. and most of all. they are happy about it. There are many states that form a portion of the continent of Asia like the Islamic states and the Southeastern states of Nepal. India and Bangladesh. Asia has the largest land mass in the whole universe and is a place to a bulk of human population that is shacking in the universe. Most of the dumbly populated states of the universe are situated in Asia. There are a big figure of states that constitute this continent and as a consequence it is home to a broad assortment of civilizations and traditions. Peoples of Asia are really strongly attached to their fatherlands and happen it really painful to divide from their native states. Asiatic people are offsprings of an umteen figure of cultural races. It contains states like India. Pakistan. Myanmar. China. Bangladesh. Afghanistan. Nepal. Sri Lanka and the developed states of Japan and Russia. This continent is abounding with a assortment of climes. lands and astonishing landscapes. From Himalayas to the waterless lands of Mongolia and Afghanistan. the continent of Asia is bestowed with astonishing landscapes. Asia has a immense country of land and the western portion of Asia comprises Muslim states like UAE. Qatar. Iraq. Iran and Dubai and contains characteristics of Arab and Persian civilizations. Asia has people following all the faiths from Hinduism. Islam and Christianity. The continent of Asia is blessed with fertile lands in China and India and excels in agricultural production of nutrient grains and rice. Asiatic people are known all over the universe for their strong cultural values and intelligent heads. This continent has given birth to many celebrated scientists. famous persons and politicians. Although this continent does non tout of many developed states. many developing states within this continent are on the threshold of going developed. Asia as a continent was ab initio under the colonial regulation for a really long clip except for the states of Japan or Russia. Many states like India. China. Pakistan and Afghanistan have suffered the brunt of oppressive colonial regulation by Europeans and Americans for a really long period of clip. Timess have changed now and the states of this continent are shiping on the epoch of economic development like neer earlier. Southeast states like India. Sri Lanka and China are sing surprisingly high rates of per capita GDP growing. These states have besides made an attempt to continue communal harmoniousness and integrity by following a policy of inter-regional cooperation and forming associations for the above intent like SAARC. They have besides forged of import trade confederations with each other to common encouragement economic growing. Asia is good known for jubilations and festivals. It is a land where festivals of different civilizations and faiths are being celebrated. Among the major Hindu festivals are Diwali. Holi. Baisakhi. and Eid ul-Fitr. Dusshera. Onam and Christmas and are celebrated with great ardor all over India. African People A ; CultureThe huge continent of Africa is so rich and diverse in it’s civilization with it non merely altering from one state to another but within an single state many different civilizations can be found. Much of Africa’s cultural activity centres on the household and the cultural group. Art. music. and unwritten literature service to reenforce bing spiritual and societal forms. The Westernized minority. influenced by European civilization and Christianity. foremost rejected African traditional civilization. but with the rise of African patriotism. a cultural resurgence occurred. The authoritiess of most African states foster national dance and music groups. museums. and to a lesser grade. creative persons and authors. Africa was the place of birth of the human species between 8 million and 5 million old ages ago. Today. the huge bulk of its dwellers are of autochthonal beginning. Peoples across the continent are unusually diverse by merely about any step: They speak a huge figure of different linguistic communications. pattern 100s of distinguishable faiths. live in a assortment of types of homes. and prosecute in a broad scope of economic activities. Over the centuries. peoples from other parts of the universe have migrated to Africa and settled at that place. Historically. Arabians have been the most legion immigrants. Get downing in the seventh century ad. they crossed into North Africa from the Middle East. conveying the faith of Islam with them. A ulterior motion of Arabs into East and Central Africa occurred in the nineteenth century. Europeans first settled in Africa in the mid-17th century near the Cape of Good Hope. at the southern terminal of the continent. More Europeans immigrated during the subsequent colonial period. peculiarly to contemporary South Africa. Zimbabwe. and Algeria. South Asians besides arrived during colonial times. Their posterities. frequently referred to as Indians. are found mostly in Uganda. Kenya. Tanzania. and South Africa. Africa is the festival continent. Throughout the whole continent. colorful and vivacious festivals range through musical. religous. cultural and harvest to call merely a few. There are many different people groups and folks across the continent of Africa – with their civilization changing from folk to tribe. We have included merely a few on this page and will be adding to the list on a regular basis. Snap the rubric for elaborate sections†¦ Afar The Afar people live chiefly in Ethiopia and the countries of Eritrea. Djibouti. and Somalia in the Horn of Africa.Anlo-EweThe Anlo-Ewe people are today in the southeasterly corner of the Republic of Ghana. They settled here around 1474 after get awaying from their past place of Notsie. Much of African civilization places great accent on visual aspect and hence on jewellery. African jewellery has been given enormous attending for centuries. Own a utile and beautiful portion of African civilization now. Many pieces of African jewellery contain cowrie shells. They are non merely beautiful but besides symbolic! Masks are representative of many different things in African history and civilization. Lineage is really of import to the African people to demo award to their ascendants. They design the masks with luxuriant hair and jewellery to demo great wealth and award so their ascendants will be pleased with them and convey approvals. Ancestors are greatly to be feared if they are enraged. so the people are really careful to be honouring to them at all times. Masks are greatly revered in African civilization Many masks are used in ceremonials by and large picturing divinities. liquors of ascendants. fabulous existences. good and or evil liquors. the dead. carnal liquors. and other existences believed to hold power over humanity. African nuptialss are a household matter and affect the combine of two lives. two households. and sometimes even two communities! There are many different marrying traditions in the African continent and no two are precisely likewise. However. in all the communities the bride plays a really particular function and is treated with regard because she is a nexus between the unborn and the ascendants. A bride might finally bear a really powerful kid. so she is treated with regard. In some countries of East Africa the grooms household would even travel to the brides small town and put up a whole new house at that place. There are many stairss that take topographic point before matrimony starting at a really immature age where preparation takes topographic point in how to be a suited spouse. Girls will many times go to Circumcision schools where adult females learn them what is involved in matrimony. and in some cultural groups even learn secret codifications and linguistic communications so that they can pass on with other married adult females. In the Wolof folk there is even a clip where the seniors of the small town gather with the bride and give advice and gifts. Weddings can be really luxuriant. affecting banqueting and dancing for yearss within a community. they can be really simple. or they can even be performed in immense matrimony ceremonials affecting many different twosomes.

Thursday, February 13, 2020

Experimental Economics Essay Example | Topics and Well Written Essays - 1000 words - 1

Experimental Economics - Essay Example The students are supposed to sit in the computer lab and follow all the instructions provided by the instructor. The students bid for this particular product in rounds. The bid must range from $0 up to $20. Every student must be independent and must not be influenced by the decision of the other students (Salmon 34). However, for this to be efficient, no student will be able see the bid of his or her opponent, on all cases. The value to be bidden by the student will be decided randomly. However, the highest bidder will win the auction. If any student does not win the auction, there will be no return or compensation for them. The students are to bid twice for the product. The experiment is carried out to prove that the higher the first bidding price, the higher the chances of winning the auction. The experiment takes few minutes since students involved will only bid and then wait for the next one to bid too. The experiment requires the student to bid in rounds. However, they have to b e divided in groups of two. In every round, a student’s makes a bid of his wish. The students should have no knowledge on the bidding process. However, the instructor will have provided the prize value of the product being auctioned. All the bidders who lose will earn nothing. The students too must chose prices above the prize value of the product. This experiment will target at answering the economics question above. At first, students decide to bid their highest price possible in order to win the auction. Most of them even bid the total amount they have, remaining with nothing. However, bidding a first high price increases the chances of winning, as the experiment will show (Ginib 65). Instructions to the students and the instructor will be important to prevent confusion during the experiment. The students are to sit strategically in the computer room. The instructor will advise the students to rely on

Saturday, February 1, 2020

Marketing Essay Example | Topics and Well Written Essays - 1000 words - 2

Marketing - Essay Example The facility only specializes in the treatment of orthopedic issues and this therefore implies that visiting patients do not have to queue alongside patients who suffer from contagious diseases. Patients are additionally not triaged behind the patients who are suffering from medical conditions that take longer periods to diagnose or treat. The hospital has physicians who may provide support to the injuries that need extended care along with therapies at the hospitals highly developed orthopedic center. The hospital is therefore ideal for attending to injuries sustained in sporting activities, household chores or at work due to their capability of offering extended along with immediate medical attention. This mainly happens when the goal is to make a speedy return to the activity being performed (Ortho On-Call, 2012). The four components of the marketing mix which are place, promotion, price and product are vital to the success of the Ortho On-Call. The major product that the hospital deals is offering orthopedic medical care. The hospital offers immediate responses to patients suffering from orthopedic problems with the purpose of satisfying their needs of diagnosis and treatment (Ortho On-Call, 2012). ... This is mainly because their marketers can be able to decide whether they can augment their products depth or the amount of product lines they deal in. In addition, the hospitals marketers should make decisions concerning the positioning of their products, exploitation of their brands and the hospitals resources and how they should configure their product mixes so that their products may complement each other (Vieceli & Valos, 2010). Prices are what customers pay to the hospital for the services or products they have received in order to satisfy their needs along with wants (Cant, et. al., 2009). They are vital in determining the profitability or loss levels along with the survival of the hospital. Adjustments in the prices charged for the products or services on offer may have profound effects on the hospitals marketing strategies. This is mainly because depending on their product’s price elasticity, their sales and demand is affected (Vieceli & Valos, 2010). When formulating the hospitals marketing mix, their marketers always set prices that will complement the prices charged for the other elements of their marketing mix. When setting the prices for their products, the hospitals marketers should always take into account the perceived values of their products along with services to their customers. These marketers may utilize pricing strategies like market skimming, market penetration along with the neutral pricing strategies. When setting the prices for the hospitals products along with services, the marketers should consider their products reference and differential values in contrast to the values of other products that compete against theirs. On the other hand, promotion represents the different methods that the hospitals marketers

Friday, January 24, 2020

The Future of On-line Journalism Essay -- Exploratory Essays Research

The Future of On-line Journalism Interactivity is what most separates on line news from traditional news. Indexicality (using hypertext links) is an important aspect of on-line journalism because it frees up space and time for the reader. People can explore international news and easily access the latest stories before the papers get to print, all at the click of a mouse. Many studies have been done on how people use web services. One of the major characteristics of such use is searching through different hyperlinks. Hypertext enables people to see things through new dimensions. Online journalists have to be innovative in the way they create news. "Transparent journalism," allowing readers to participate in the writing, is one example of how journalists are adapting to the on line form. "Eye track" (equipment that monitors where people's eyes focus and for how long) studies have also been useful in studying how we use the web. These studies will help news organizations and rest of us in understanding twenty-first century communication. Analysis On-line journalism is a combination of the increasing digitalized technology and the use of the internet. Digitalized technology and the internet are the two leading factors in the evolution of print in terms of Gasher's views of interactivity (Gasher). On-line news sites are the peak at this point in technological evolution and are serving, as well as changing the functions of media because they combine these two factors. On-line journalism can be assessed through its evolution, its basic functions and its benefits. The evolution of print has shown general progression through expanse, detail, interactivity and expressiveness of communication. The first publications print... ... Mediascapes: New Patterns in Canadian Communication. Edited by Paul Attallah and Leslie Regan Shade. Scarborough, ON: Nelson, p. 259-261. The New York Times on the Web. (2002) Available on-line: last consulted: October 8th, 2002. Peter Jennings. (2002) "The Search for Peter Jennings", National Review Online. Available on-line:http://peterjennings.150m.com last consulted: October 8th, 2002. SCHOLL AND WEISCHENBERG, Armin and Siegfried. (1999) "Autonomy in Journalism: How it is Related to Attitudes and Behavior of Media Professionals", Web Journal of Mass Communication Research, September 4, 1999. Available on-line: last consulted October 8th, 2002. The Susan G Komen Breast Cancer Foundation. (2002) "Talk back". Available on-line: last consulted October 8th, 2002.

Thursday, January 16, 2020

On Saussure’s Linguistic Theory Essay

1. Introduction Swiss linguist Ferdinand de Saussure (1857-1913) is one of the most famous and influencing linguists in the last century. His linguistic theory of regarding language as a synchronic and static sign system has turned the historical trend of linguistics and opened up a new pattern of modern linguistics, thus makes linguistics get great achievement in the 20th century. His work Course in General Linguistics (1916) that comes from the notes of his lessons collected by his students is one of classical works and is called â€Å"Bible† of linguistics. It has caused extensive response with its novel and unique thought, and Saussure is praised as â€Å"Father of Modern Linguistics† too. Saussure is an epoch-making giant in the development history of linguistics. His new theory, new principle, and new concept have become the foundation stone for the setting-up of the modern linguistic mansion. 2. Langue and parole Saussure begins with the two basic expressive forms of language, namely langue and parole to examine the whole language phenomenon first. He thinks that speech activity is various, and its nature is complicated. It covers several fields of physics, physiology and psychology at the same time, and it still belongs to personal field and social field. We are not able to include it in any category of humane fact, because we do not know how to understand its entia (Saussure, 1980, p. 30). He points out that in separating langue from parole we are at the same time separating: (1) what is social from what is individual; and (2) what is essential from what is accessory and more or less accidental (Saussure, 1980, p.35). This is the first fork in Saussure’s thoughts of language: the speech activity is divided into the langue and parole. Saussure says that, â€Å"No doubt, these two targets are closely linked and both as the prerequisite. To let parole understood by people and make all its effects, there must be languages. But to establish language, there must be speech† (Saussure, 1980, p. 41). â€Å"The speech activity has personal aspects and social ones; one cannot exist without the other† (Saussure, 1980, p.29). We can conclude from the statements above, that Saussure thinks langue and parole are inseparable, and closely linked. Without langue, parole loses the unified system, and cannot be understood, its result is unable to be verified. Without parole, langue will not be set up either. Therefore, it is easy to tell that, Saussure’s distinguishing of langue and parole is on the purpose of explaining the differences between the two, namely emphasizes the systematization of language. However, at the same time Saussure says that â€Å"Research of speech activity includes two parts, one is primary, which is social essentially, and does not take the personal speech as research target†¦Another is less important, that it takes the personal part of speech activity, namely parole, including articulation as research target†¦Ã¢â‚¬  (Saussure, 1980, p. 41). â€Å"It is an illusion to joint langue and parole together with the same view. The whole of the speech activity is unable to know, because it is not homogeneous† (Saussure, 1980, p. 42). This kind of seemingly self-contradictory view is really very apt to make people produce doubt and misunderstanding on the relation between langue and parole. The meaning of Saussure is that language is systematic and can be studied because of the disorder of inner link between langue and parole, but parole cannot be studied systematically, and therefore is cast out. And then people criticize Saussure for distinguishing langue and parole on the purpose of cutting off the connection between them and regarding them as irrelevant to each other. In fact, Saussure does not think there are impassable gaps between langue and parole. For Saussure, langue and parole are two unified aspects in speech activity. He also thinks that, â€Å"We must be clear: we believe linguistics†¦is a science that tries to converge two thoroughly different things into a whole, it emphasizes that they form a research object†. It is obvious that Saussure not only finds the antithesis of langue and parole, but also finds the connection and unity between them while describing the relation between them. 3. Saussure’s theory of linguistic sign. As the founder of modern semiology, Saussure proposes and establishes the discipline of semiology formally for the first time. The influences of Saussure’s theory of semiology on later age are known by everyone, but the disadvantages are seldom mentioned. How to understand the core connotation of the theory correctly is the primary subject of semiology. The contribution of Saussure’s theory of semiology lies in the following several aspects. First, it proposes the discipline of semiology formally for the first time. Second, it points out the essential distinction between  linguistic sign and non-linguistic sign clearly. Third, it has carried out systematic analysis on the characteristics of the linguistic sign. The research of sign is not initiated by Saussure. As everyone knows, in the west in ancient Greek period, and in China in the early period of Qin, there was already large amount of dispute about the phenomenon of signal. The target of the dispute is primarily linguistic sign, and the essence of the dispute is mainly about the relation between linguistic sign and the object it represents. Namely whether there is natural relation of different extents between linguistic sign and the signified. Namely whether the forming of words and phrases can be proved, and whether the origin cause of linguistic sign’s formation can be found from the targets represented. Different answers to this question have formed the â€Å"natural theory† and â€Å"conventional theory† of ancient Greek, and â€Å"nominalism† and â€Å"realism† correspondingly in China. Such disputes are not yet settled down today. Saussure’s semiology is not only review and examination on the basis of the related disputes in the history of language. The more important thing is that he realizes the human society has used numerous relatively self-sustaining form systems consciously or unconsciously while expressing and transmitting the achievement of understanding about surrounding environment and oneself. These systems have very obvious generality that they can replace, represent, and reflect the objects on different extents (LU, 2001, p. 101). To Saussure, language is an organic sign system. In this system, linguistic sign has two aspects of a form (signifier) and content (signified). It is arbitrary to use a sign to represent any content, and it is determined by the society. However, when it is fixed, it has compelling force, and any individual cannot change it optionally. The debt relation of linguistic sign is not important, and the more important thing is the difference and relation between it and other signs. That is to say, the value of linguistic sign is not decided by its physical property but the relation between signs. On the basis of this theory, Saussure thinks that linguistics face the second fork on the road, the language in speech activity can be divided into synchronic and diachronic. Thus, Saussure advocates distinguishing two kinds of linguistics: synchronic linguistics and diachronic linguistics, and the synchronic linguistics are more important. On this foundation, Saussure explains syntagmatic and paradigmatic relations emphatically. He thinks that in the organization of language, all key elements are based on â€Å"relation†, and this kind of relation is nothing more than two kinds, syntagmatic and paradigmatic relations. Syntagmatic relation is a relation between one item and others in a sequence; and paradigmatic relation is a relation that items can substitute for each other without violating syntactic rules. These two relations are the basic relations in language system, and are our keys to observe, analyze, and sum up the intricate language phenomenon. While setting up new language theory, Saussure points out that the question of language is mainly the question of semiology, and all of our demonstration should obtain meaning from this important fact. To know the essence of language, we must know what common qualities it has with other congener sign system first. He thinks that we can imagine there is one science studying the life of sign in social life; we call it semiology†¦. Because this science does not exist, we cannot say what it will be like, but it has the right of existence, and its position is confirmed in advance. Linguistics is just a part of this general science†¦ (HU, 2001, p. 105). The theory of semiology proposed by Saussure is limited, but it is very important to the research later. In addition, although his definitions of sign, signifier, and signified are made for linguistic sign, they inspire all of the modern semiologists. Therefore, people praise Saussure as the founder of semiology (JI, 1994, p.  19). 4. Conclusion Saussure’s contribution to linguistics is indelible. However, his theory of language has limitation, too. Since the coming out of Course in general linguistics, Saussure’s views have been accepted by the linguistic circle generally. According to his opinion, linguists throw into the synchronic static research and description of the construction relation in the language system, in order to achieve the â€Å"scientific† aim of â€Å"research language according to and for language†. In the language world of Saussure, what he values is structure, form, rule, generality, mode, and system, which makes the language research step on a road that repels humane factors, and departs from the social environment and the people who use languages. If this way is convenient to establish an accurate and â€Å"scientific† linguistics, it makes distance with the active, abundant, and changeable human speeches. Linguistics may become â€Å"lean† and â€Å"sere†. Certainly, we should not deny Saussure’s theory from this angle totally. As a kind of â€Å"scientific linguistics†, Saussure’s view should have its certain historical position, and it has finished corresponding historical mission. What we really need to do is that we should not regard Saussure’s linguistic mode as the only possible existence. We should break the traditional way of observing language phenomenon, and examine them from different sides and different points of view, so that to understand language more roundly, and establish more scientific linguistic view, instead of sticking to one kind of understanding (JI, 1994, p.20). In the field of linguistic research today, the research object has already expanded from Saussure’s structure analysis to social linguistics, speech linguistics, practical linguistics, etc, which brings new vigor to the development of world linguistics. This development trend will make linguistics emit more magnificent and brilliant rays in humane scientific research.

Tuesday, January 7, 2020

Responsibility Accounting and Cost Control - 9088 Words

Topic:Responsibility Accounting and Cost Control. Subject: Management control systems Index: |Sr.No |Topic |Page No | |1 |Meaning of Responsibility Accounting |3 | |2 |Steps involved in Responsibility Accounting |5 | |3 |Responsibility Centres |6 | |4 |Cost Centres v/s Responsibility centres†¦show more content†¦Under this system, divisions or units of an organization under a specified authority in a person are developed as responsibility centres and evaluated individually for their performance.† David Fanning defines Responsibility Accounting as a system or mechanism for controlling the wider freedom of action ‘that executive - decision centre manager in other words - are given by senior management and for holding those executives responsible for the consequences of their decisions.’ Robert Anthony defines Responsibility Accounting as â€Å"that type of management accounting that collects and reports both planned and actual accounting information in terms of responsibility centres.† Responsibility Accounting focused main attention on responsibility centres. The managers of different activity centres are responsible for controlling the costs of their centres. Information about cos ts incurred for different activities is supplied to the persons in charge of various centres. The performance is constantly compared to the standards set and this process is very useful in exercising cost controls. 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