Wednesday, May 6, 2020
Film Study of the Blind Side Free Essays
The Blind Side was based on the life of Michael Oher a teenage African American boy whose mother was battling drug and alcohol addictions, in the projects of Memphis Tennessee. Mike as he is know in the movie was in foster care several times and always ran away to his Mother, thinking that no one could ever love him the way his Mother could, even with her ongoing addiction. Mike often slept at his fathers friends home, but even he could not give Mike the support that he desired. We will write a custom essay sample on Film Study of the Blind Side or any similar topic only for you Order Now He would wash his clothes in the sink at the local laundry mat, and often had to steal food from the local gas station just to survive. When his only caregiver whose couch Michael slept on every night took his own son to a private Christian school to try and get him scholarship to play basketball, the coach of the basketball and football team saw Michael playing and offered to try to get him a scholarship as well. Much to the dismay of the board Coach Cotton was able to convince them to accept Mike on scholarship. In his first few weeks of attendance at Wingate Christian School Mike walked and took the bus too and from school, until Thanksgiving night a family driving home from a school play saw Mike walking home in the rain with no coat. This would be a major turning point for Michaelââ¬â¢s feelings of never being wanted or loved. The Tuohys an upper class white family saw Michael walking and Leigh Ann demanded that her husband Sean pull the car over so she could go and talk to him. Over the next several weeks the Tuohy family offered Mike a place to sleep, new and clean clothes, and a family that cared for him the way a family should. The Tuohys had 2 other children S. J an adolescent boy with a love of football and Lily also know as Collins. When friends of the Tuohys found out that Michael was living with them they were so closed-minded that they said they were worried about Collins well being and safety. Leigh Anne then wanted Michael to become a permanent member of their family and obtained legal guardianship of Michael. It wasnââ¬â¢t until then that she learned of Michaelââ¬â¢s poor grades and family situation. As they got to know Michael more and more they saw his potential and helped him make the football team, S. J was a key role, teaching Michael the ins and outs of everything football. In his senior year Michaels greatness attracted the likeness of several different college football teams who wanted to offer Michael full football scholarships. They then realized that Michael had to get his GPA up in order to be able to attend college. The Tuohys then hired a private tutor Miss. Sue who shared a love for Ole Miss football just as big as their own. Miss. Sue helped Michael realize that he had potential for being great. During the courting between football teams, Michael had decided that he wanted to play for Ole Miss just as his adopted father had. Michael would graduate and then become involved with the NCAA investigation, where the NCAA would question his reasoning to attend Ole Miss because of donations that were given by the Tuohys over the years. In the end Michael and Miss Sue would both be attending Ole Miss, Miss. Sue as his own personal tutor. Michael Oher would then go on to be drafted by the Baltimore Ravens in the first round of the draft. The film The Blind Side was both based on a true story, and also a book that was written by Michael Lewis in 2006. The movie was released in 2009 and quickly became a hit and an inspiration to foster children around the country. According to Michael Oher, the movie was not completely as it happened, for example S. J didnââ¬â¢t have to teach him the ins and outs of football, he knew everything about football before he came to live with the Tuohys. But for the most part the movie was accurate over all. In one scene Leigh Anne was having lunch with her friends at a high-end restaurant, her friends questioned her reasoning for taking Michael in with racial undertones, and inappropriate comments. I have personally been to the Deep South and the Midwest seems to fit this role better, snooty over privileged white women with a chip on their shoulder. I feel as if this scene would have been more historically accurate 20 years ago, but there are racially insensitive people all over, some just hide their insensitiveness better than others. Another scene was where in Michaelââ¬â¢s first football game, the referees only threw flags on plays that he made, when there was no reason for a flag to be thrown. This I feel is very accurate historically, football and the South are hand in hand, and anything out of the ordinary or anything that threatens a team will not go overlooked by anyone. The referees most likely felt that Michael had an advantage over the other players just because he was African American, not knowing that a few weeks prior Michael couldnââ¬â¢t even tackle another player, and still had to think that the person he was to tackle was a threat to his family. After reading different reviews from this film, Iââ¬â¢ve chosen two different reviews one from the Washington Post and the other from Variety. Each review gives the movie at least 3 out of 4 stars but for different reasons. Firstly the WashingtonPost. om, they gave the movie 3 out of 4 starts, but open the review with a very negative view of the advertisements for the movie ââ¬Å"Thereââ¬â¢s been something off-putting about the ad campaign for ââ¬Å"The Blind Side,â⬠a drama about a white woman who adopts an African American high school student, from trailers trafficking in nearly every troubling African American stereotype in movies (from the Magical Negro to the surly low-level bure aucrat), to posters featuring the patronizing image of Sandra Bullock gently leading her looming, gentle giant of a son down a football field. The Washington Post feels that The Blind Side does a good job of depicting Oherââ¬â¢s good fortunes and the Tuohys ability to cross-racial boundaries in the Deep South. The next review from Variety. com only saw the good aspects of the movie and gave it 4 out of 4 stars. ââ¬Å"Itââ¬â¢s difficult to imagine anything that could long impede or contain the force of nature that is Leigh Anne Tuohy, the feisty Memphis belle played by Bullock with equal measures of acerbic sass, steel-willed brass and unabashed sentiment. Bullock is thoroughly convincing in the role ââ¬â right down to her credible accent and the blonding of her normally brown tresses ââ¬â and sheââ¬â¢s not afraid to occasionally keep auds guessing as to whether Leigh Annââ¬â¢s actions are driven by a heart of gold or a whim of iron. â⬠Variety sees Leigh Anne as a loving foster/adoptive mother, who despite her social status and her seemingly tough exterior finds it in her heart to take Michael in and accept him as one of her own. The only negative comment they have about this film is that it seems as if nothing could ever go wrong until the final part of the movie, I suppose they saw this as being slightly overly optimistic in a world filled with pessimists. This film is a perfect choice as it relates so much to this class, not only does it cover racism but also it shows that those boundaries can be thrown out completely. A white upper class family who takes in an African American boy seems like something that would be straight out of a book; to cross such a deep seeded line took courage and determination on the part of the Tuohy family. They were proud of what they did and who Michael was/is as a person and didnââ¬â¢t choose to see him as a color but as a teenage boy who needed help, their help. If ever there was a story of over coming ones background this is it. This movie is a great way to show children that people are people no matter the color of their skin, and that everyone should have a family who cares for them no matter what. This would actually be a great section to have in the textbook about transcending racial barriers, and over coming stereotypes, and itââ¬â¢s a true story to top it off. Both my wife and I watched this movie and on several occasions we both welled up, itââ¬â¢s one of those movies that just make you feel good, and make you want to do good. There were several scenes that made this movie great and choosing just a couple of them has taken careful deliberation on my part. The first scene that really hit me the hardest was when Big Mike was walking down a dark raining street and the Tuohys were driving home from the play on Thanksgiving, they saw him without a coat walking in the cold. Leigh Anne told her husband to stop the car and she got out to ask him where he was going and if he had a place to stay, after figuring out that he was homeless she told him to get in the car and that he was coming with them. I know there are some many kids out there whose parents simply donââ¬â¢t care about them and they have to raise themselves, but seeing it and knowing it are two different things. I can honestly say that if I was in this situation I would have done the same thing and I know that my wife would make sure I did. The next scene is at the end of the movie when they brought Michael to Ole Miss to start his first semester of college, Leigh Anne was too strong to ask Michael for a hug, and she didnââ¬â¢t want him to see her cry so she gave him a nod and a slight side hug and told everyone to say their goodbyes and she walked back to their car, Michael then looked at Sean and asked him what was the matter, he replied ââ¬Å"Sheââ¬â¢s like an onion you have to peal back her layers slowlyâ⬠. Hearing this Michael then walked over to the car and said to her ââ¬Å"Momma, I need a proper hug. â⬠. This is the one scene that got me to well up, I know how it feels to want to show a softer side but not have the courage to show it. I face this on a daily basis with my two sons, so to see someone being so exposed and vulnerable was a perfect way to end this movie. I really do think that this movie is a perfect learning tool for children to show them that color is just something your eyes see, it has nothing to do with whatââ¬â¢s on the inside. How to cite Film Study of the Blind Side, Papers
Cohesive Vs. Non-Cohesive Teams and the Application ââ¬Free Samples
Question: How Do Cohesive Vs. Non-Cohesive and the Teams Application? Answer: Introducation The school of management thought is perceived as theoretical frameworks that are used for the study of management. However, there are various performance management thoughts, which are based on different assumptions about people and organizations. However, the study of performance management has progressed over time, and various thinkers believe that the best approach is good management practice (Aguinis, 2011). Nevertheless, there are disagreements that exist. The classical school of management Basically, this is a thought of management is the most organizations. Its basic establishments originate in the 20th century. It concerns ways to deal with manage work and organizations more capable (Barrows and Neely, 2012). Scientific management school of thought The logical management approach was familiar in an attempt with make a mental uprising in the workplace. It can be portrayed as the ponder examination of work procedures remembering the ultimate objective to improve adequacy. The logical administration has a couple of imperative principles (Carver and Scheier, 1981). In any case, it requires the usage of the logical system to work to choose the best methodology for accomplishing every task. Second, logical administration prescribes that authorities should be experimentally picked in light of their capacities and arranged to play out their occupations in the perfect way. Logical management advocates certifiable interest among workers and administration in light of shared self-interest. Finally, logical administration suggests that administration should accept complete risk for orchestrating the work and that pros' fundamental commitment should execute administration's plans (Campion and Lord, 1982). Other basic properties of logical administration fuse the logical change of troublesome yet sensible execution benchmarks and the use of a pay for-execution catalyst orchestrate in light of work rules. Logical administration influenced administration to sharpen in the mid-twentieth century. Regardless of the way that it doesn't address a whole speculation of administration, it has added to the examination of administration and organizations in various reaches, including human resource administration and mechanical planning. A weighty segment of the basics of logical administration is up 'til now generous today. Administrative management Managerial administration focuses on the administration technique and norms of administration. Fayol displayed fourteen models of administration, which included maxims related to the division of work, authority and obligation, solidarity of request and heading, centralization, subordinate action, and collaboration (Krausert, 2009). But the authoritative administration has been rebuffed as being inflexible and immovable and the authenticity of the utilitarian approach to managing administration has been investigated, this school of thought still affects administration theory and practice. The utilitarian approach to managing administration is up 'til now the overall strategy for sorting out administration learning, and huge bits of Fayol's gauges of administration, when associated with the versatility that he pushed, are up 'til now thought to be relevant. Bureaucratic management Bureaucratic administration focuses on the ideal sort of affiliation. Max Weber was the noteworthy supporter of bureaucratic administration. In light of observation, Weber assumed that various early organizations were inefficiently supervised, with decisions in light of individual associations and reliability. He recommended that a sort of affiliation, called an organization, portrayed by the division of work, levels of leadership, formalized principles, nonspecific quality, and the assurance and headway of agents in perspective of limit would incite more viable administration. Weber furthermore fought that managers' energy in an affiliation should be developed not as for custom or persona but instead on the position held by directors in the definitive pecking request. Management has come to stay for determination and waste, yet Weber did not a supporter found in various bureaucratic organizations today (Locke, 1991). Weber's musings confined the explanation behind current affiliatio n theory are up 'til now edifying of a couple of organizations. 360-degree feedback 360 Degree Feedback is process in which confounding feedback from employees at work are obtained. This ordinarily joins the delegate's manager. It normally ensures that managers get the right information to measure on a rating scale the organization's processes. The individual getting feedback in like way adjusts a self-rating outline that joins similar audit addresses that others get in their structures. The 360 feedback framework outcomes demonstrates an outline that helps the beneficiary roll out an improvement scale (Kodrin and Kaplan, 2016). 360 Feedback can likewise be a huge change instrument for individuals who are not in an organization.360 Feedback for non-managers is beneficial to help individuals be serious in their present tasks and comprehend areas they ought to concentrate on within an organization. Cohesive vs. non-cohesive teams and the application to High-Performance Organizations Group cohesiveness is related to the extent of positive and negative outcomes. Attachment makes a more grounded sentiment feeling of obligation on destinations, which pushes higher individual effort and execution. People from more strong social affairs tend to talk with each other in a more constructive way than those of fewer firm get-togethers. Accordingly, people from sturdy social affairs as often as possible report bigger measures of satisfaction and lower levels of apprehension and weight. This can upgrade fundamental administration and bolster more critical speculation. Finally, by keeping up strong enlistment groups can continue pursuing new destinations once they have fulfilled their one of a kind reason. This makes a task of advantages more gainful since a current tough group can perform well and more quickly than an as of late formed one. Enlistment in a firm group can similarly have negative outcomes. For example, an attachment can heighten social weight to adapt or oblig e solitary expression. Union can in like manner make alteration more troublesome by making bundle shapes unbendable or impenetrable to change. Performance management from a control theory perspective In the field of management, control theory helps managers and leaders to assess business structure for its consistency with pre-described arrangements of organizational parameters (Barrows and Neely, 2012). In addition, performance management is also considered as a tool that assists managers to control the tasks of their employees. Also, it moreover makes speedier and better yields by standard watching and feedback. Automated model communicates that if an affiliation can execute control and execution more satisfactorily. As such, organizations should ensure that they meet their employees basic needs. (Luria G., 2008). In this way, these prerequisites make control hypothesis more pertinent as it goes about as a controller in coordinating up delegate lead with the various leveled direct rules. As such, this will over the long haul provoke achieve the pined for execution. As a matter of fact, control theory professionals expect employees to take into account their information. This fee dback controls the way of an organization performs. Nevertheless, it can have a negative impact in an organization. For instance, it can result into a de-motivation and end employee productivity level diminished. In control, theory the implementation is similarly controlled by costs. However, control theory sounds unnecessarily mechanical; hence making it difficult to analyze that individuals are not able to do at the workplace (Locke, 1991). The balanced scorecard approach The balanced scorecard is an important tool that is used by organizations to changed standard considering execution and estimations. The tool was first introduced in 1992 and a time when businesses were characterized with changing themselves to compete during the information age. In addition, it also affected the ability of entrepreneurs to try insignificant assets that were more convincing than their ability to supervise the physical assets within the enterprise (Biazzo and Garengo, 2011). However, the scorecard is considered as an important tool because it empowered businesses to track and monitor their budgetary results while at the same time watching the capacities required for advancement. In the current business environment, businesses have gone beyond the scorecard's motivation as the establishment of another key management system. The foremost system, translating the vision, helps boss gather an understanding concerning an association's procedure and express it in wording tha t can control action at the close-by level. The second level on and interfacing, calls for giving a framework at all levels of the affiliation and associating it with a unit and individual targets. The third level, business consolidates their attractive methodologies with their budgetary courses of action. The fourth feedback and learning give businesses with the point of confinement as for crucial acknowledging, which includes testing the feedbacks on which a system is based, and making indispensable changes. References Aguinis, H. 2011. Performance Management. Edinburgh: Heriot-Watt University. Retrieved from https://www.ebsglobal.net/EBS/media/EBS/PDFs/Performance-Management-Course-Taster.pdf Barrows, E., Neely, A. 2012. Managing Performance in Turbulent Times: Analytics and Insight Ed Barrows, Andy Neely. New Jersery: John Wiley Son Inc. Retrieved from https://books.google.co.in/books?id=xUSnCgLF9sCpg=PT205dq=control+theory+of+performance+managementhl=ensa=Xved=0ahUKEwjj3r2JnL7QAhUhTY8KHU1HC_8Q6AEISTAG#v=onepageq=control theory of performance managementf=false Biazzo, S., Garengo, P. 2011.Performance measurement with the balanced scorecard: A practical approach to implementation within SMEs. Heidelberg: Springer. Campion, M. A., Lord, G. R. 1982. A Control Systems Conceptualization of the Goal-Setting and Changing Process. Organizational Behavior and Human Performance, 30(2), 265287. Carver, C. S., Scheier, M. F. 1981. Attention and Self-Regulation: A Control-Theory Approach to Human Behavior. New York: Springer-Verlag. Kodrin, A., Kaplan, R. S. 2016.The balanced scorecard approach for sustainable performance in an uncertain future: The case of climate change : doctoral dissertation. Ljubljana: A. Kodrin. Krausert, A. 2009. Performance Management for Different Employee Groups: A Contribution to the Employment Systems Theory. Heidelberg: Springer- Verlag. Retrieved from https://books.google.co.in/books?id=qH_dUI5H3cUCpg=PA18dq=control+theory+of+performance+managementhl=ensa=Xved=0ahUKEwjL6YLE5sDQAhVBOo8KHRLQBX0Q6AEISDAF#v=onepageq=control theory of performance managementf=false Locke, E. A. 1991. Goal Theory vs. Control Theory: Contrasting Approaches to Understanding Work. Motivation and Emotion, 15(1), 928. Luria G. (2008). Luria, G. (2008). Controlling for Quality: Climate, Leadership, and Behavior. The Quality Management Journal, 15, 2741. Schmeisser, W. 2011.Controlling and berlin balanced scorecard approach. Place of publication not identified: R Oldenbourg Verlag Gmbh. Shell, S. A. (1992). Control Theory in Strategic Human Resource Management: The Mediating Effect of Administrative Information. Academy of Manage
Tuesday, May 5, 2020
Accounting Theory and Governance for Knowledge - myassignmenthelp
Question: Discuss about theAccounting Theory and Governance for Financial Knowledge. Answer: Introduction Financial knowledge has been a must in order to take the review of the company financial performance. As the investors it is not possible to review the whole business performance and to take decisions to invest in the various choices of investment options. In this regards Australia Securities and Investment Commission (ASIC) has provided 10 major points that every investors need to undertake before making the decision to invest in any company. All these points help investors to analyze the performance of the company and to come with the proper choice. All these points are defined in detail and are really helpful for the investors. In this report in order to explain all these points a case study 1 has been undertaken and various questions to case study has been answered. For case study company called Wesfarmers has been taken to explain the case study questions. Executive remuneration is always the concern for the stakeholders as their pay increase year to year even in the situation of financial crises. In order to explain the reform undertaken to make changes on how the remuneration of the top management has to be calculated, the case study 2 has been taken and various questions has been answered. Summary of Case Studies Case Study 1: This study provides the 10 major points that every investors must review in context of any company chosen for investment purpose before making the decision of investment. In this regard Wesfarmers has been selected to explain the procedure. Case Study 2: This study discusses the issues with the excessive executive remuneration in the United States and reforms to make changes in the calculation of the executive remuneration. Analysis of Annual Report (Company Name: Wesfarmers) Examining figures in financial statements The financial statements developed by an entity aims to reflects its financial performance for supporting the decision-making of end-users. In this context, the ASIC (Australian Securities Investment Commission) has provided suggestions to the non-professional investors for evaluating the financial performance of a company through its financial statements analysis. The suggestions are provided on ASIC for protecting the interests of investors so that accurately interprets the financial information for making informed decisions for investing (Australia, 2011). The financial performance of Wesfarmers Limited, Australian retail giant, can be based from the financial statements net figures of income statement and balance sheet as per ASIC guidelines. The income statement analysis has depicted that the company has recorded a net increase in its profit in the year 2017 as compared to the financial year 2016. The underlying net profit has increased to 22.1 per cent in the year 2017 and has reached to $2,873 million. The earnings per share have increased to 21.6 per cent and return on equity has reported an increase to about 12.4 per cent in the year 2017 as compared to the previous financial year. The increased profitability of the company has resulted in raising the dividend per year from $1.86 per share to $2.23 per share in the year 2017 (Wesfarmers 2017: Annual Report). The increased cash inflow of the company on account of its improved return on capital has helped in to expand its business operations. As reflected from the directors report of the company, its improved financial performance has resulted from its recent conglomerate structure. The company is presently emphasizing on its strategy of providing improved return to shareholders through realizing larger returns form its industrial businesses in Kmart and Bunnings. Important Financial Figures in Understanding the Financial Performance of the Company As analyzed from the case study, the ASIC has regarded the financial figures disclosed in the directors report in order to gain an insight into the profit or loss realized by a company. The directors of Wesfarmers have also discussed the financial performance of the company in the annual report through the help of some key financial figures (Hussey and Ong, 2005). The financial figures include profit after tax, earnings per share, return on equity and dividend per share. The financial figure relating to profit after tax depicts to the investors regarding the percentage of money earned on per dollar of revenue. The investors can gain an insight into the net profit realized by a company after meeting its all tax related expenditure. It enables the investors to analyze the profitability of a company without the impact of operating leverage thus the investors can actually predict its real financial condition. The earnings per share depict the amount of money earned by a company per ever y outstanding share of stock. It helps the investors to predict the financial profits that a company can provide to its shareholders. The return on equity provides a measure of the profitability of a company in comparison to the net investment (Wesfarmers 2017: Annual Report). The dividend per share of a company indicates the profits earned by the shareholders giants the number of outstanding shares. The key financial figures predicting the financial performance of Wesfarmers Limited can be depicted from its annual report are as follows: Source: https://www.wesfarmers.com.au/docs/default-source/default-document-library/2017-annual-report.pdf?sfvrsn=0 Management Opinion in the Report about the Financial Figures The operating and financial review presented by the Directors in the annual report the primary objective of the company is to provide good returns to its shareholders. The company aims to achieve strong financial performance in each of its divisional units that will be controlled by the divisional board of directors. The operating and financial review of the company has outlined the major risks and future growth prospects of the company as well based on its key financial figures. The financial performance of the year 2017 has represented the profitability of each of its divisional unit along with providing an analysis of its competitive environment through assessing the financial risk and prospects. The company recorded a net profit after tax (NPAT) of about 2,873 million in the financial year 2017 as compared to that of $1,946 million in the year 2016. Thus, it can be said that there is significant increase of $2,466 million in the current financial year of the company in net profit after tax. The cash flows have also increased from $861 million to $4,226 million in the year 2017 (Wesfarmers 2017: Annual Report). The increase in operational cash inflows indicates the higher earnings growth and adequate managing and controlling of each inventory in all of its retail segments. There is also a decrease in the capital expenditure of the company in the year 2017 to $218 million as compared to $1,681 million in the year 2016. As per the directors review, the decrease in the capital expenditure is due to fewer openings of its retail stores and thus reduction in the operational expenditure across its industrial divisions. The company also has realized proceeds of about $947 million due to divestment of receivables from its Coles divisional unit. The balance sheet of the company has also strengthened mainly due to reduction in the net financial debt that includes interest rate swap assets to about $4,321 million in year 2017 as compared to $2,216 million in the year 2016. Also, there is a significant reduction in the financial cost of the company to about 14.3 per cent from that of the previous year. The management of the company has regarded the increase in its operating cash flows and return on equity on account of its adequate conglomerate structure and its emphasis on improving the cash generation and capital efficiency (Wesfarmers 2017: Annual Report). Assessment of Financial Report in relation to Management Opinion Management has elaborated the financial performance of the company through using the graphs and charts. As per the ASIC reports it is essential to examine the management viewpoint on the performance of the company and what actually has been reported in the financial statements prepared. For instance, the management of the Wesfarmers has point that the in the current year (2016-17) the profitability performance of the company has been increased and they are paying good returns to their shareholders. There is high amount of increase in the revenue of the company due to improvements made in retail and industrial business. It has been told by the managing director that cash generation was quite strong that reflects the company value to increase the return on capital invested in the business. Finance director has elaborated the operating financial position of the different units in the Wesfarmers and according to the report the net profit after tax has been $2873 million AUD which itself a record for the company (Dagwell, Wines and Lambert, 2015). On reinvestigating whole financial statements it has been found that there are no such discrepancies in the management disclosures of the financial performance and that reported under the audited financial statements. So it can be said that there is no change in the financial performance as reported by the management personals and as described in the financial statements of the company. There is major reason behind similarity of management disclosure and what has been disclosed by the audited reports of the company (Wesfarmers 2017: Annual Report). The reason is such that annual reports are prepared after financial statements have been audited and verified by the top management. Top management people provide their statements on the financial performance of the company after reviewing the audited reports of the financial statements so that true and fair picture of the financial statements can be presented in front of the us ers of the annual report (Henderson, 2015). Analysis of the Wesfarmers as the potential investment In order to analyze the company for its potential investment it is necessary to make the detailed interpretation of the financial performance so that investors can use such information to make the judgment regarding their investment in the company. Wesfarmers has varied potential that can attract the investors (Horngren, 2012). Wesfarmers works in different category of business such as retail segment, industry segment, home improvement segment and many others that made a different from other to make the investment. Company has diverse business operations and high growth balance sheet. The retail segment of the company has foreseen major improvement in recent years and it has been monitored by various changed made. Continuous improvements in merchandising and service; increase in customer satisfaction through regular change in interaction at the stores and online purchase; and investment proposals are some of the major highlights in the change of retail segment of the Wesfarmers (Bazl ey, Hancock and Robinson, 2014). The whole group cash generation power has increased out rightly that has provided the management to manage the capital structure and to make the position of the balance sheet strong. Wesfarmers continuously take opportunities to create and to improve the shareholders wealth through proactively management of the portfolio and reviewing the strategies regularly so that business resources are put in high end growth segments of the company. Coles the major segment of the business has faced high competition and pressure of increase sales margin. In this action, the plan is to focus on the budgeted plans and to further enhance the quality of the fresh offer and to improve the merchandising and availability, through driving the operational efficiencies in order to the support investments in the various services and values. There is expectation and budget driven approach to increase the performance of the Home Improvement segment of the business (Wesfarmers 2017: Annual Report). Overall analysis of the part performance of the company shows that company has done exceptional well in year 2017 as compare to other previous year and it makes a valid choice for the investors to make investment in such growing company. The growth of the company is marked with many potential and valid proofs such as increase in dividend payout, high cash generation capacity, solid capital structure and plan to improve the further business segment. This made the Wesfarmers a strong competitor for the other companies in same segment and also for companies that are in competition as a potential investment for the investors (Wesfarmers 2017: Annual Report). Recent Changes for Addressing Executive Remuneration in the United States The given article Reining in Executive Pay has addressed the need for developing implementing laws and regulations for addressing the excessive remuneration of the executives. In this context, the article has particularly examined the excessive pay provided to the executives in the United States. The executives are realizing higher pay in the United States as indicated from the fact that there is increase of about 42 per cent executive remuneration in the year 2008 despite of the collapse of the financial sector of the country. There is significant growth in the executive pay over the consecutive years and thus there is higher need for developing financial reforms in relation to monitoring of pay of executives. In this context, the U.S government ha introduced a legislation knows as shareholder say on pay to be followed by all the publicly traded U.S companies (Executive Compensation and Incentives, 2006). As per the legislation, the shareholders have a right to decide over the matte rs relating to executive remuneration that should be followed by the Board of Directors. In addition to this, the law has also stated that shareholders as per the SEC regulations can appoint their own directors candidates through ballots if the companys present directors does not approve their decisions. Also, it is necessary for the U.S. companies to maintain the independency of the board of directors in appointing and developing the remuneration committee. The Board of Directors must also ensure that the corporations disclose all the relevant information regarding the executive pay and its relation o financial performance. The reforms introduced by the government in relation to monitor and control the excessive pay provided to the executives aims at preventing the increased rewards to executives. This is necessary because the increased rewards provided to executives can drive the misconduct in managers behaviour by manipulating the financial information for achieving higher pays w hen it is linked to the companys financial performance. Effectiveness of reforms on the Shareholders Assumptions to Act The article has discussed the reforms introduced by the U.S. for monitoring the pay structure of executives in order to ensure that executives does not receive higher rewards that drive them to conduct unethical practices for achieving higher benefits. The reforms introduced by the U.S. government known as shareholder say on pay has stated that all the public-listed companies in the country will decide the remuneration of the executives based on the shareholders opinions. Thus, as such it can be said that the effectiveness of the reforms is based on the assumptions that the shareholders will act ethically and right in deciding over the matters of executive remuneration (McDonnell, 2008). However, there are some barriers to effective shareholder control over the executive remuneration. The major obstacle faced by the Board of the company in this regard is developing an effective strategy for creating an effective communication channel for disseminating the information to the sharehold ers. Thus, as such business entities need to induce changes in its business environment to promote effective communication of all the information related to executive remuneration policies to the shareholders. Also, it can be argued by the contract theory that corporations have contractual obligations with the shareholders and therefore they should act in favour of the shareholders to provide them larger returns (Finance Committee, 2016). Thus, the corporations can influence the decision-making power of shareholders in relation to executive pay through promising them larger retunes. Thus, as such shareholders have profit interest in the corporations and therefore the power provided to them for monitoring the executive pay cannot be stated to be right and just. The independency of the shareholders in deciding over the matters of executive remuneration is question of debate as stated in the present article. Therefore, as discussed in the given article there is need for introduction of more better regulations in the U.S. that provides authority to all the stakeholders of a busies corporation not only to shareholders for deciding and monitoring the executive remuneration. Role of Taxation laws and Denying Contract Adoption for Addressing Executive Remuneration The article has stated that shareholders decision in relation to executive remuneration cannot be regarded to be accurate as it is based on assumptions that they will act ethical and fair in deciding the executive pay. Thus, the article has stated that the reforms introduced should provide authority to all the stakeholders including consumers, workers and all the communities that are impacted by corporate operations. This is because the corporations activities can put all its stakeholders to risk and therefore the responsibility of the executive pay decisions should not be provided only to shareholders but to all the stakeholders. In this context, the tax dollars paid by the general public should not help in subsidizing the executive pay in excess. This can result in a significant reduction of millions form the income taxes that corporations pay as excessive executive remuneration. In addition to this, there is need for developing a federal contract with the companies that provides r emuneration to their executive 100 times more than that of their labour wages (Treanor, 2016). The contract would help in reducing the economic inequality as the contract would require that business companies in the U.S. should maintain a fair proportion of the remuneration between its executive and workers and should provide the ratio between the CEO compensation and the workers in their annual report as well. The introduction of such measures will help in developing the strong corporate governance practices for curbing the excessive executive remuneration (McDonnell, 2008). Conclusion It can be inferred from the overall analysis of the report that ASIC plays a major role in protecting the investors interest through providing them suggestions to analyse the annual report disclosures of various corporations. Also, the executive remuneration should not be linked to the financial performance of a company as this can result in occurrence of fraudulent financial activities in a business entity. Recommendations On the basis of the case study analysis, it is recommended to the investors that they should consider the suggestions provided by the ASIC while analysing the annual report of their selected company. This will help in securing the interests of amateur investors do not possess adequate knowledge about the annual disclosures of a company. In addition to this, as analysed from the second case study there is need for developing strong regulations that provides more power to the stakeholders in deciding over the matters of executives remuneration. References Australia. 2011. Australian Corporations Securities Legislation 2011: Corporations Act 2001, ASIC Act 2001, related regulations. CCH Australia Limited. Bazley, M., Hancock, P. and Robinson, P. 2014. Contemporary Accounting PDF. Cengage Learning Australia. Dagwell, R., Wines, G. and Lambert, C. 2015. Corporate Accounting in Australia. Pearson Higher Education AU. Executive Compensation and Incentives. 2006. Retrieved 10 October, 2017 from https://www.lse.ac.uk/fmg/researchProgrammes/corporateFinance/corporateGovernance/pdf/executiveCompensationAndIncentives.pdf Finance Committee. 2016. Recommendations and Decisions of the International Civil Service Commission to the General Assembly (including Changes in Salary Scales and Allowances). Retrieved 10 October, 2017 from https://www.fao.org/3/a-mq160e.pdf Henderson, S. et al. 2015. Issues in Financial Accounting. Pearson Higher Education AU. Horngren, C. et al. 2012. Financial Accounting. Pearson Higher Education AU. Hussey, R. and Ong, A. 2005. International Financial Reporting Standards Desk Reference: Overview, Guide, and Dictionary. John Wiley Sons. McDonnell, B. 2008. Two Goals for Executive Compensation Reform. Retrieved 10 October, 2017 from https://scholarship.law.umn.edu/cgi/viewcontent.cgi?article=1168context=faculty_articles Treanor, J. 2016. Pay ratios could be made public as part of executive salary reform. Retrieved 10 October, 2017 from https://www.theguardian.com/business/2016/jul/25/pay-ratios-could-be-made-public-as-part-of-executive-salary-reform Wesfarmers 2017 Annual Report. Retrieved 10 October, 2017 from https://www.wesfarmers.com.au/docs/default-source/default-document-library/2017-annual-report.pdf?sfvrsn=0
Psychodrama Therapy What Is It Essay Sample free essay sample
Psychodrama is an active and originative curative attack that uses guided play and function playing to work through jobs. Developed by Dr. Jacob Moreno. psychodrama can be effectual separately or in a group ( sociodrama ) . and is sometimes offered in mental wellness plans. schools and concerns. During each psychodrama session. participants reenact specific scenes and experiences with counsel from a healer. These scenes may include past state of affairss. dreams and readyings for future events. In a group puting. other participants play the functions of important others or the audience. offering support and delivery to the surface underlying beliefs and issues. What is Psychodrama Therapy Like? In this signifier of therapy. clients will frequently play out multiple scenarios that depict specific life events. phantasies. dreams. or mental provinces. These dramatic presentations represent a clientââ¬â¢s perceptual experience of a state of affairs or are creative activities of their emotional processing mechanism. The healer may promote the client to take on other functions or assign individualities to objects to spread out the scene. Psychodrama is a really effectual tool when applied in a group puting. When psychodrama is conducted in forepart of an audience. the engagement is centripetal and reactive. The supporter may even ask for the audience to take part further through verbal or physical actions. hence making a larger field through which the curative procedure can be. Each Psychodrama session Consists of Three Phases: Warm-up. Action and Sharing. WARM-UP is designed to bring forth ambiance of originative possibility. This stage is concerned with set uping sociometric connexions. edifice coherence and increasing spontaneousness. At this stage issues and concerns cardinal to the group emerge and a supporters is chosen. The supporter may be chosen by the group. by the leader or by oneself. The group becomes the safe container. the uterus within which a kid is warmed up to the ultimate self-generated act of birth. Action: The protagonist stairss on the phase to take action on his behalf. to do alterations around the issue he/she identified as a trouble in the warm-up stage. The supporter holds the purpose and portions it with the group and the manager. The action is wholly unscripted ; blossoming as the supporter moves from scene to scene. unblocking spontaneousness. acquiring closer to his centre to the truth. through enchantment and katharsis to new penetrations and originative. fresh ways of being. Throughout the whole procedure he experiences consistent support and counsel from the manager who utilizes techniques such as role-reversal. duplicating. mirroring. excess world. etc. to assist the procedure. Other group members are involved by either playing subsidiary functions in the protagonistââ¬â¢s play. or by duplicating. or by keeping the energy of the infinite for the supporter and for themsââ¬â¢elves and by take parting emotionally in the protagonistââ¬â¢s narrative. Sharing: After the passage is complete the protagonist re-enters the group. He/she had given the generous gift of courage and truth. and it is now his stomach to rest and have while other members of the group portion with himlher their feelings and penetrations that were brought up by the protagonistââ¬â¢s play. After taking a immense hazard of exposing his inner battles. the supporter can hear other people portion similar painful feelings and experiences. so he feels accepted. supported and underst ood for who he/she is. What used to be private shame becomes public triumph for all involved as the existent human experiences are revealed and shared. OVERVIEW OF PSYCHODRAMA ELEMENTS AND TECHNIQUES Supporter: A group member in the centre of a psychodrama ordaining a subject from his/her personal life or a theme chosen by the group as a cardinal concern. ââ¬Å"The supporter is asked to be himself on the phase. to portray his ain private universe. He is told to be himself. non an histrion. as the histrion is compelled to give his ain private ego to the function imposed upon him by a dramatist â⬠¦ no 1 every bit much an authorization on himself as himselfââ¬â¢ . ( Moreno. 1953 ) A supporter takes action on his ain behalf. and by making that is instrumental in catalysing alterations non merely for his ain benefit but besides for the benefit of the whole group. The group assists the supporter in making the work. Director: A healer trained in psychodrama whose function is to excite spontaneousness. to steer. construction. co-produce the psychodrama with/for the supporter and for the group. ââ¬Å"The supporter holds the key to the inner and outer universe. The manager holds the door which opens and stopping points and the group provides the frameâ⬠. Audience: The group watching the play supplying a safe container and supportive witnessing. Having your interior universe. experiences. battles and discoveries being witnessed by others dispels the protagonistââ¬â¢s shame and isolation. Private shame becomes a public triumph ; what used to be hidden in the shadow comes into the limelight in positive. authorising ways. Members of the audience are available to play subsidiary functions in the protagonistââ¬â¢s play. to duplicate and to portion their personal experiences/feelings/insights in response to the protagonistââ¬â¢s work in the sharing stage of the play. Aide: A group member who plays a function in the protagonistââ¬â¢s play. Aides can be chosen for the function by the supporter or by the manager. In some instances trained aides may be used. Double: A specialised aide who takes on the portion of the interior ego of the supporter. The map of the two-base hit is to supply the supporter with the experience of being to the full supported and understood. to help the supporter in intensifying the feeling and penetration. The more support and credence is experienced by the supporter. the safer they feel. the more hazards they are willing to take. the more self-generated they are traveling to be. the more originative picks and solutions will go available to them. For group members practising duplicating allows for the experience of empathy and dividing it from personal projections. it satisfies act hungriness and increases relatedness. Doubling as a technique is used by the manager for the intents stated above. It is besides a really utile technique to utilize in single. twosomes and household therapy. THE Phase: The sacred infinite. the safe container of the mind where the supporter enacts his/her ain perceptual experiences of the universe in which he/she lives. It is ââ¬Å"the topographic point of unpretendingâ⬠where the truth is found and spoken. THE MOMENT: Psychodramatic construct of clip is that everything is go oning in here and now. All action takes topographic point in the present. As we center in our consciousness of ourselves in the present we become declarative of our interior obstructions. countries of tenseness in our lives. The passage takes us back to the topographic point and clip where we got stuck in forms of comprehending ourselves and the universe that do non function us any longer. By animating that ââ¬Å"presentâ⬠which surrounded a past minute. we can bring out the kineticss of the minute ; explore the relationships. the feelings in the context within they occurred. But this clip around the ââ¬Å"psychodrama tic cocoonâ⬠allows for new declarations to emerge. Therefore the new experience replaces the old one covering our old memory of that minute. making a ââ¬Å"corrective emotional experienceâ⬠that frees us up for the new ways of being. ââ¬Å"Every true 2nd life through the experience is the alleviation and release from the fITstâ⬠( Moreno ) . ROLE REVERSAL: The basic of psychodrama techniques. which allows the supporter to see themselves and the state of affairs through the eyes other than our ain. MIRRORING: The technique that allows the supporter to see his/her state of affairs and him/herself from the exterior. SURPLUS REALITY: Removes the boundaries between what we consider our ââ¬Å"realityâ⬠and imaginativeness. In fact. whatever we can conceive of can go on. If it could non go on. we would non be able to conceive of it. I refer to it as a fact because I see once more and once more my clientsââ¬â¢ wished for scenarios. concreticized and dramatized via psychodramatic passages. so manifest in their lives. The same manner the clip collapses in psychodrama. so does the inner and outer universe of a individual. Our interior head speaks in metaphors ; so concreticized metaphors become portion of the action as they represent an of import portion of the protagonistââ¬â¢s mind. As we are co-creating our world. anything is possible. whether it is projecting an ideal vision of oneââ¬â¢s hereafter or re-creating the losing experiences from the yesteryear. Often in psychodrama people in the protagonistââ¬â¢s life who died or were absent are brought into a duologue. so that what was losing could be completed and healed. ââ¬Å"There are certain unseeable dimensions in the world of life. non to the full experienced or expressed â⬠¦ . and for those who failed to see them. life is uncomplete â⬠¦ that is why we have to utilize excess operations and excess instruments to convey them out in our curative scenes. â⬠( Moreno. 1966 ) Goals and Purpose of Psychodrama. The primary end of Psychodrama is to increase the impulsivity of our ain emotions in a extremely organized. yet originative and productive mode. It is intended to give an unfastened forum for the find and geographic expedition of internal and external struggles and disfunctions through dramatic drama. Most Sessionss will last for up to two hours and go around around the primary character. the supporter. By prosecuting other characters. the supporter can larn a great trade about their ain interpersonal accomplishments and explicate the proper techniques to build positive and effectual behavioural alterations. This method of therapy challenges the client. and all of the characters involved. in a new and exciting manner that expands their boundaries of experience. WHAT CONDITIONS/DISORDERS DOES PSYCHODRAMA TREAT?Psychodrama is used to handle a assortment of conditions. including: â⬠¢ Addictionâ⬠¢ Traumaâ⬠¢ Autismâ⬠¢ Eating Disordersâ⬠¢ Adoption and Attachment Issues WHAT ARE THE BENEFITS OF PSYCHODRAMA?Psychodrama can be a powerful experience. Because it is an active. ââ¬Å"real-timeâ⬠therapy. psychodrama can be an authorising option totraditional talk therapy. Psychodrama can assist people: â⬠¢ Improve their relationships and communicating accomplishmentsâ⬠¢ Overcome heartache and lossâ⬠¢ Restore assurance and wellbeingâ⬠¢ Enhance acquisition and life accomplishmentsâ⬠¢ Express their feelings in a safe. supportive environmentâ⬠¢ Experiment with new ways of thought and behaving
Thursday, April 16, 2020
How to Write a St. Thomas Essay Sample
How to Write a St. Thomas Essay SampleThe St. Thomas University student transcript is the statement on your academic record. It states whether you passed or failed your classes. Knowing how to construct a St. Thomas essay sample can help you get a better grade, whether you're an honors student or a good student who just needs a little push. This article will give you a few tips and ideas for writing a great St. Thomas essay sample.Your first step is to determine what school you are in. Look at your transcript and decide which courses you took. Make sure you put the courses that you feel were most important, and try to choose a common theme for them. For example, if you took Social Studies and Philosophy, pick one of the main themes to talk about. Then you can narrow down the choices for your topic by changing your topics or a common theme.Now it's time to write some examples. A good starting point for a St. Thomas essay sample would be an essay that has your major argument. Often thi s is the thesis statement. If you have a good one, the rest of your essay should be nothing but it. Remember that not all ideas have to be negative; sometimes the lesson we learn from a bad idea is that we are right to criticize something. Try to find topics that are important to you personally and relate them to your classwork.Finally, you should choose a few examples to base your examples on. You can write them yourself or get someone to write them for you. Whatever you do, make sure that they are informative and don't take up too much space on your paper.If you choose to do it yourself, try writing a few paragraphs about something interesting that happened to you at St. Thomas, then sum up with a few tips and ideas for the class. Or, have someone else write them for you, and then summarize.If you get someone to write the examples for you, make sure they understand your goals and the focus of your paper. Usually you can use a list of goals and some general techniques to help get y ou there. Have someone write the examples and then summarize them for you.Once you've decided on a topic and made examples, put together a sample by dividing the paper into sections. Some people like to write each section by the week or semester; others like to start out with the bigger topic first and then work down to the smaller topics. Some of the examples you use for your St. Thomas essay sample will be similar in content to the topics you have already selected.To summarize, you have to write a St. Thomas essay sample that works for you, your content, and your writing style. Make sure you outline your topics and examples clearly and that you have the resources to back up the information you've written.
Tuesday, April 14, 2020
Toys R UsAnalysis of Adopting an E-Commerce Strategy in a Bricks and Mortar Organization. free essay sample
The following paper takes a look at the particular strategy adopted by Toys R Us to make its employees more productive, and in line with modern practices. This paper makes reference to a Toys R Us case study which shows how a firm that has been in existence in 1948 and that has been so geographically dispersed, has made efficient internal communication essential to staying competitive. This paper takes a look at the devices employed by Toys-R-Us and at how the managers attempted to do carry out the successful strategy. From the paper: Microsoft Exchange Server was deployed at the Toys R Us national offices and distribution centers, messaging has become a silent contributor to the companys success and an indispensable part of every employees workday. Dan Hannay, director of operations development for Toys R Us, comments, Since we started using Microsoft Exchange Server, I would guess that, from my vantage point, productivity has increased by 400 percent. We will write a custom essay sample on Toys R Us:Analysis of Adopting an E-Commerce Strategy in a Bricks and Mortar Organization. or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Everyone loves to check their e-mail every day, and because e-mail is the primary vehicle for communication, its essential to check it frequently.
Wednesday, April 1, 2020
William Faulkner Is Viewed By Many As Americas Greatest Writer Of Pros
William Faulkner is viewed by many as America's greatest writer of prose fiction. He was born in New Albany, Mississippi, where he lived a life filled with good times as well as bad. However, despite bad times he would become known as a poet, a short story writer, and finally one of the greatest contemporary novelists of his time. William Faulkner's accomplishments resulted not only from his love and devotion to writing, but also from family, friends, and certain uncontrollable events. William Faulkner's life is an astonishing accomplishment; however, it is crucial to explore his life prior to his fixated writing career (Mack 1794-1798). In 1905, Faulkner entered the first grade at the tender age of eight, and immediately showed signs of talent. He not only drew an explicitly detailed drawing of a locomotive, but he soon became an honor-roll student. Throughout his early education, he would work conscientiously at reading, spelling, writing, and arithmetic. However, he especially enj oyed drawing. When Faulkner got promoted to the third grade, skipping the second grade, he was asked by his teacher what he wanted to be when he grew up. He replied, "I want to be a writer just like my great granddaddy"(Minter 18). Faulkner took interest in poetry around 1910, but no one in Oxford, Mississippi, could tell him hat to do with his poems. Faulkner, who was very talkative, would always entertain Estelle Oldham by telling her vividly imaginary stories. Eventually, Faulkner grew very fond of Estelle. She became the sole inspirer and recipient of Faulkner's earlier poems. Not long after Faulkner began seeing Estelle regularly, he met a man named Phil Stone who was dating one of Estelle's friends, Katrina. Katrina had told Stone about Faulkner and his poetry. So one afternoon, Stone went to Faulkner's house to get to know him better, and during his visit he received several written verses from Faulkner's poetry. Stone not only became a very close friend of Faulkner's, but al so a mentor to the young writer at the beginning of his career. Stone immediately gave the potential poet encouragement, advice, and models for his study of literature (Minter 29). As Faulkner grew older he began to lose interest in his schoolwork and turned his attention to athletics, such as football and baseball, which caused his grades to start to fall. Eventually, he quit both athletics and school altogether. In 1919, his first literary work was acknowledged and published. The poem is a forty-line verse with a French title that acknowledges the influence of the French Symbolists. "From Mallarme he took the title of his first published poem; from Verlaine's 'Le Faune' he took the central device of The Marble Faun"(Minter 36). "The Marble Faun brings Pastoral art and modern aestheticism into a conjunction that not only exposes the weaknesses of pastoral poetry, particularly its artificiality, but also establishes the pertinence of those weaknesses to our understanding of modern a estheticism"(Minter 36). Faulkner enrolled at the University of Mississippi, and did not let his academic years distract him from writing more poems. The Mississippian, the student paper, published "Landing in Luck." The short story, nine pages in length were created directly from his direct experience in the Royal Air Force flight training in 1916. After awhile he began to get tired of school once again. He started cutting classes and finally stopped going. In the summer of 1921, Faulkner decided to take a trip to New York to receive some professional instruction from editors and critics, because Stone was busy with his academic studies. Faulkner stayed in New York and shared an incredibly small apartment with a man named Stark Young (Minter 35-40). During Faulkner's stay in New York, Stone became worried about him and his financial troubles. So Stone immediately went to work on behalf of his friend and became the Assistant District Attorney. "Within a few months, his restlessness had taken him back to Oxford and the most improbable job he would ever hold"(Minter 42). Stone pulled some strings and got Faulkner appointed to the job of postmaster at the university post office. Even as postmaster, Faulkner still found time to write. When Faulkner finished the typescript for Soldier's Pay, he it sent to
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