Saturday, October 12, 2019

Personal Leadership Philosophy Essay -- definition of leadership

In developing this idea of what leadership is, I examined what was most important to me in being a leader. Since leadership is such a broad term, this could not be a process whereby I could generalize leadership for everyone. Rather, the task is to determine who I am as a leader. I asked myself, what is it that shapes the vision? What are the factors that comprise a leader, and what makes these things add up to create something larger than ourselves as leaders? Thoughtful reflections on these things lead me to generate the following definition of leadership: Leadership is about more than simply having followers; it is not a title, and it is not achieved by just following a few principles. Leadership is complex, though at its core, it is having the courage to make the right choices – not just the popular ones, engaging others in a vision, and empowering followers to pursue a shared purpose of achieving a positive, lasting impact. My leadership philosophy has been shaped by several factors, the first of which is the knowledge of self. I am a firm believer that until you know yourself first, you are not able to meet your fullest potential as a leader. The greatest relationships exist when each person knows first themselves and what they bring to the table, impacting all leader/follower relationships. The leader approaches the relationship confidently, knowing that the leader and follower can mutually benefit from their interaction. One of the most important things that I have done in terms of my personal development is to identify my core values. Possibly the most critical step to becoming an effective leader is to determine and understand one’s core values. Many of my values are a result of my childhood; however, t... ...d is constantly changing, and to keep up, one must be prepared to take on opportunities that will result in continued growth and learning. Ultimately, these values are all inter†connected. It takes great courage to lead with authenticity and integrity. Integrity inspires service and respect for others. Living authentically and with integrity enables the leader to develop their passions, resulting in a commitment to hard work and dedication, as well as growth and learning. Pushing through the challenges of a full commitment to this lifestyle of leadership requires a sense of humor, and a willingness to re†align one’s life to one’s passions. I think that when we truly commit ourselves to understanding ourselves as leaders, as well as learn to understand our followers and the relationship that exists between leader and follower, there is potential for great change.

Friday, October 11, 2019

Tutorial solutions

Customer's business name, address and contact details Type of information (economic / other) Other – details ensure business exists and invoices can be posted to the correct address . Years customer has been in this business Other – establishes track record and history 3. Total assets and estimates of values of assets in the business Economic – establishes size of asset base of business 4. Total liabilities (total commitments) Economic – establishes how much the business currently owes others to assess the extent of claims against assets 5.Profits of the business for the most recent and previous periods Economic – used to assess whether the business generates sufficient profits to cover the payments that will have to be made of their account 6. Credit references Other – enables Ashley to follow up with other businesses the customer already has accounts with, to assess whether the customer has paid their accounts in time and in full 7.Details Of any collateral or security that can be provided should the customer default on their payments Economic and other – Ashley will want to ensure that the business will be able to recover any unpaid amounts by claiming from a third party or having a claim over the assets of the business Page 2 of 19 Exercise 1. 7 Factors in making a government decision Consult the relevant business journal or newspaper article and identify the acts of your case involving an important government decision. Identify the key government decision involved.Discuss the impact of the decision and its relevance to the press and community. Factors to be taken into account in arriving at a government decision include: 2. 3. 4. 5. 6. 8. 9. 10. 11. 12. 13. 14. The nature of the government decision. The government policy dictating the decision. The political impact of the decision. Identifying all parties affected by the government decision. Identifying all the stakeholders (I. E. Parties to which the decisi on will have a positive or negative impact). Identifying any particular lobby or special interest groups involved with the Issue.Identifying the available funding or resources available for the government decision. How is the government initiative to be funded? Identifying the cost of the initiative. Was the decision made in a consultative manner? Was there much political debate or commentary? Possible gains or losses anticipated to be experienced by the community. Possible alternatives which could have been employed by the government. Was the resultant decision considered to be the most efficient use of community resources? Page 3 of 19 Exercise 1. Economic decisions made by management Required: Provide examples of economic decisions that the following people would need to make with the use of accounting information: ; A manager in a sales department Of a shoe store ; A factory manager ; The manager of a state cricket team ; The manager of an animal shelter which relies on donation s for funding Manager of a sales department: Decisions about number of staff required, and when the busy times are (for additional staffing); type and quantity of stock to purchase (based on historic sales figures), cost of inventory researched (for deciding on selling prices and specials / discounts / sales during the coming season); average length of time for which stock is held; stock on hand at any point in time (for purposes of re-ordering); latest fashion trends; information about the demographics of the customer base to enable appropriate stock to be held and appropriate prices to be set. Factory manager: Decisions about appropriate factory staff levels; appropriate plant and machinery capacity to run the factory; costs of raw materials, labor and overhead, such as electricity, in order to make decisions bout goods to be manufactured, production mix; costs of occupational health and safety to make decisions about the most cost effective way to achieve compliance.Manager of a state cricket team: Decisions about the selection and costs of players and coaching staff; appropriate playing and training Venues and their location to the centre of the city; sponsorship enticements and entitlements; purchase of appropriate sporting equipment for training and match days. Manager of an animal shelter: Decisions about the cost of collection systems to receive donations and the most appropriate method of obtaining nations; the cost of maintaining animals in the shelter such as food and veterinary costs; overheads such as electricity, insurance and premises; the costs of full-time employment in the shelter, and the management of volunteers. Page 4 of 19 Exercise 1. 10 The small business owner What types of economic decisions would a person wishing to start their own small business be required to make?How could an accountant assist in making these decisions? The following are examples of the types of economic (financial) and non-financial decisions a small business own er would have to make: A clear definition of the product or service that is to be provided (non- financial), and what the business will charge for these products or services (financial) – this will determine the projected or likely income ; How the business will be funded – will the owners put all the money in or will there be other owners or lenders (non-financial and financial)? ; How the business will market its product or service (non-financial), and how much it will cost to do this? Financial) ; Where the business will be located (non-financial), and what the rental cost will be (financial) How much staff will be required, what skills do they need to perform their jobs properly (non-financial), and how much will they be paid (this will have to be benchmark against other businesses in the same industry or using staff with similar skills and experience) ; What equipment or other assets are required to start the business (non- financial), and how will these be acquir ed and at what cost (financial)? ; Will the business be registered for SST? ; What accounting and information systems are required for the business (non-financial and financial)?This should be adequate to provide information o the owners, and accurately capture transactions that take place, (including any SST components thereof) The above are just some examples of decisions that will need to be made by a person wishing to start a business. There are many others, and it should be noted that many decisions have both a financial and non-financial component – it is therefore often difficult to make non-financial decisions without considering the financial implications and impacts of those decisions. Accountants can help small business owners With the selection of an appropriate accounting system, with regulatory' acquirement such as registering for SST, registering a business name, and applying for tax numbers and other tax obligations (such as PAYS) as required – this wil l depend on the size of the business and what staff will hired.They can also assist by providing the financial information and assisting in the drafting of a sound business plan that covers all the likely financial impacts of the decisions to be made. They can provide book-keeping and page 5 of 19 accounting services to maintain accurate financial records for the business and assist in preparing income tax returns, SST returns and other regulatory porting requirements. Accountants can also help a small business owner prepare a budget for the business, forecast cash flow requirements, and make decisions about which assets to purchase and how best to finance them. CHAPTER 2 FINANCIAL STATEMENTS FOR DECISION MAKING DISCUSSION QUESTIONS SOLUTIONS 2. Define the terms, assets, liabilities, and equity. Are these terms related in anyway? If so, how?Assets are defined in the Framework as resources controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity. Liabilities are defined in the Framework as present obligations of an entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits. Liabilities require future payments from assets, generally in the form of cash, or the performance of services to cancel them. Equity is the owner's claim to (or the residual interest in) the assets of the entity after deducting all its liabilities. The basic accounting equation (Assets = Liabilities + Equity) indicates the relationship between assets, liabilities and equity.From the equation, the total assets of the entity equal the total claims against those sets by creditors and owners. Creditors' claims take precedence over owners' claims, and owners are seen as the ultimate risk-takers in the entity. Thus, equity is a residual claim on the assets of the entity after liabilities are fully paid, and the basic accounting model whic h expresses this idea clearly is: Assets – Liabilities = Equity 3. A local restaurant is noted for its fine food, as evidenced by the large number of customers. A customer was heard to remark that the secret of the restaurant's success Was its fine chef. Would you regard the chef as an asset of the business? If so, would you include the chef on the balance sheet of the business and at what value?Suggested topics of discussion: Asset definition – â€Å"Assets are resources controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity. † Does the chef provide future economic benefits to the entity? Yes. Is the chef controlled by the entity? In Page 6 of 19 many cases, it is evident that he/she could not be controlled by the entity (e. G. He/she can resign when he/she likes, can take sick days). He/she cannot be â€Å"acquired† or â€Å"sold† by the business, I. . They do not have rights to possess him/her. How would you value the chef as an asset? Usually you have some idea of the â€Å"life† of the asset, however, the restaurant would not know how long the chef would be working for them (this argument relates back to controlling the asset). 6.Discuss the significance of the following assumptions in the preparation of an entity financial statements: (a) entity assumption (b) accrual basis assumption (c) going concern assumption (d) period assumption (a) Entity Assumption If the transactions Of an entity are to be recorded, classified and summarized onto financial statements, the accountant must be able to identify clearly the boundaries of the entity being accounted for. Under the accounting entity assumption, the entity is considered a separate entity distinguishable from its owner and from all other entities. It is assumed that each entity controls its assets and incurs its liabilities. The records of assets, liabilities and business activities of the ent ity are kept completely separate from those of the owner of the entity as well as from those of other entities. The accounting entity assumption is important since it leads to the derivation of the accounting equation. ) The Accrual Basis Assumption Under the accrual basis of accounting, the effects of transactions and events are recognized in accounting records when they occur, and not when the cash is received or paid. Hence, financial statements report not only on cash transactions but also on obligations to pay cash in the future and on resources that represent receivables of cash in future. It is argued in the Framework that accounting on an accrual basis provides significantly better information about the transactions and other events for the purpose of decision making by users of financial statements than does the cash basis. C) The Going Concern Assumption According to the Framework, financial statements are prepared on the assumption that the existing entity is expected to continue operating into the future.It is assumed that the assets of the entity will not be sold off and that the entity will continue its activities; hence, liquidation values (prices in a forced sale) of the entity assets are not generally reported in financial statements, as this assumes that an entity is to be wound up. When management plans the sale or liquidation of the entity, the going concern assumption is then set aside and the financial statements are prepared on he basis of estimated sales or liquidation values. The significance of the going concern assumption is in the valuation Page 7 of 19 placed on the assets of an entity in the mentis financial statements. The statements should identify clearly the basis upon which asset values are determined – going concern? Or liquidation? (d) The Period Assumption For financial reporting purposes, it is assumed that the total life of an entity can be divided into equal time intervals.Hence, the financial performance of the entity can be determined for a given time period, and the financial session of the entity can be determined on the last day of that reporting period. As a result of this assumption, profit determination involves a process of recognizing the income for a period and deducting the expenses incurred for that same period. Together, the period assumption and accrual basis assumption lead to the requirement for making balance day adjustments on the last day of the reporting period. These adjustments will be considered in a later chapter.

Thursday, October 10, 2019

Report of findings to the Community Health Department Essay

It has been brought to my attention that there may be an illness spreading throughout the middle schools due to a recent rise in student absences. In researching the recent absences, I’ve noticed that in 2 of the 4 middle schools, Truman and Jackson, there was an unusual spike in the absences of band students on May 20 and 21. I reviewed the school calendars and noticed that Truman and Jackson Middle School had a Battle of the Bands event scheduled on May 19. Interviews were conducted with some of the absentees’ parents, it has come to my attention that some of the band members likely went out to dinner after the event. I looked into recent health inspections of local restaurants available from the Health Department and there are several health violations at restaurants in close proximity to the schools. The school nurse also provided information that food poisoning symptoms can start within a day or two of eating contaminated food, which, based on interviews conducted, is when these students began seeing symptoms. After reviewing the available data from the health department and schools, I offer that the absences are most likely related to food poisoning and not a contagious illness such as the flu or other epidemic. There would be no need to alert students, parents or the community about an outbreak. Thank you, Joanna Aeschbacker Community Health Department Investigator ? After conducting my investigation, I would have to ask a few other questions to support my hypothesis of food poisoning being the most likely cause of the absences: When were the restaurants inspections conducted? If the inspections were done recently, then this helps support my hypothesis. If the inspections were conducted weeks prior to the event or after the event, the data provided from them I think would not be useful in supporting my hypothesis. Interviews were provided for some of the students, but I would like to interview as many as possible to ask: What symptoms did each absent student experience? I would want to know when the symptoms began to appear. If they all have similar symptoms and symptoms appeared around similar times, this supports my hypothesis. Did each absent student go out to dinner after the Battle of the Bands? If each student went out to dinner then this supports my hypothesis. Where did each student go to dinner? If the students did go out to dinner and went to a restaurant with health code violations, then this supports my hypothesis. Assuming each student did go to dinner at a restaurant with health code violations, what did each student eat for dinner at the restaurant? If many, or all of the students ate the same thing, then this would help support my hypothesis. ? Is the following statement a suitable hypothesis: â€Å"The Brentwood Indians basketball team lost the state championship because there is bad stuff in the stars happening with Mars in Aquarius†? Explain why or why not. I don’t believe this statement to be a suitable hypothesis. Astrology to me is more of a personal belief rather than scientific fact. Sure, there are coincidences that happen. Mars in Aquarius could mean disaster! But to base a basketball team’s performance on where the stars and planets are aligned is preposterous. There is no scientific data to back up this hypothesis; therefore it is not a suitable.

Wednesday, October 9, 2019

A contrast essay about two professions

From my childhood, I have been interested in the cultural field. I have a dream to be a media person who works creatively with media-related work. So, as my future profession, I am considering two occupations, one of them is Art Director, and the other is Advertising, Promotions, and Marketing Manager often called marketing manager. That are my dream professions in future. Competitively the two occupations are related with creative and media industries, and both jobs are well paid have same work environment. Responsibility of an art director and a marketing manager are more alike than we might think. Both professions deal with the large groups of people. An art director works with other designers and artists, and on the other hand, a marketing manager plans programs to generate interest for the art directors, sales agents and financial staff members. An art director produces images for television, radio, film, advertisement, or video games. For example, a film art director carries out the movies artistic vision as defined by the production designer. He or she dose of the draftsman who in charge of design the sets and the construction manager who physically builds the sets. An art director also decorates and props masters to make sure all of the elements mesh, and an art director who is the contact for the special effect team. In fact, art directors are responsible for the visual style, images, and the overall artwork and layouts to make sure everything used on the sets is within the budget. Similarly, marketing manager plan programs to generate interest in a product or service. They work with art directors, sales agents, and financial staff members. For example, marketing managers inspect layouts, which are sketches or plans for an advertisement. However, both jobs duties, and responsibilities are related with almost the same people and both are joined to each other. Art directors, and marketing managers, both have salary structures that are good compared with some other jobs. On the research of the U. S. Bureau of Labor Statistics, an Art Director’s â€Å"median pay in 2012 was $80,880 per year, or $38. On the other hand, a Marketing Manager â€Å"median pay in 2012 was $115,750 per year, or $55. 65 per hour†. In addition, most art directors, and marketing managers work full time. However, in 2012, â€Å"about two in five marketing managers worked more than forty hours per week†. Nevertheless, depending on payment and working hours, both jobs are very attractive to me. Work environment is also another most important segment for compering the art director, and marketing manager’s career. An art director works for advertising and public relations firms as well as the motion picture and video industries. In comparison, a marketing manager works in offices close to financial decision management. Marketing managers work under pressure that is unavoidable when schedules change and problems arise, but deadlines and goals still must be met. Furthermore, they work in advertising agencies, public relations offices, and the newspaper offices. In fact an art director usually works in a fast-paced office as well as they often work under pressure to meet strict deadlines which is most important for this job. Competitively, both jobs have environments reliant on their job duties which are very similar. To summarize, compering both jobs responsibilities, salaries and work environments has made attractive for me. Because they have serious fun and creative working areas. Nevertheless, I would like to decide to be a marketing manager. Because it is a very creative career. I know I would be happy with this dream profession.

Tuesday, October 8, 2019

Darfur Essay Example | Topics and Well Written Essays - 2000 words

Darfur - Essay Example c warfare between the Sudanese central government and a number of insurgent movements since February 2003; these groups are demanding rights for the local peoples and more state investment in their marginalized region†. In other words, the main reason for the appearance and the development of violence in the state has been the opposition between the government’s decisions and the willing of the major part of the population. It should be noticed that the consequences of the development of this conflict have been severe. More specifically, it is noticed in the Africa Studies Centre (2007) that â€Å"at the start of the armed conflict, Darfur, which is the size of France, had a population of about 6 million (virtually all Muslims) but the number is significantly lower today due to mass killings, disease, famine and forced expulsions akin to ethnic cleansing caused by the ‘scorched earth’ military actions of the government troops and local militias; these milit ias, known as the ‘Janjawiid’, have been largely recruited from Arabized peoples from northern and eastern Darfur†. The main reason for the continuation of the above described situation cannot be precisely described, however it could be considered that the oppositions in interests of the state and those of the rebels is more likely to have led to this result. The development of the conflict in Darfur is described on a report of BBC News (2007) according to which â€Å"The conflict began in the arid and impoverished region early in 2003 after a rebel group began attacking government targets, saying the region was being neglected by Khartoum; the rebels say the government is oppressing black Africans in favour of Arabs; Darfur, which means land of the Fur, has faced many years of tension over land and grazing rights between the mostly nomadic Arabs, and farmers from the Fur, Massaleet and Zagawa communities†. In other words, it seems that the conflict in Darf ur has not begun because of a random initiative

Monday, October 7, 2019

Path of Light Lab Report Example | Topics and Well Written Essays - 500 words

Path of Light - Lab Report Example Light travels in a straight path at 300, 000km per second or at proximately 186, 000miles per second; however the velocity of light is considered slower in glass and water (Katz, Small and Silberberg, 2012). Objects and devices prevent the travel of light in a straight line causing refraction commonly referred as the bending of light (Minnaert, 2013). In the first experiment testing the movement of light in a straight line without any obstruction or not encountering any interface, the light path is considered extremely straight. Thus, it is deduced that whether light travel in water, air, glass, and diamond or any other object it moves in the straight line until it meets an object or a different medium. It is believed that it travels a constant speed c referred to as the speed of light. This c is calculated to be 300,000 kilometers per second (Katz, Small and Silberberg, 2012). It is realized that light is emitted or reflected by visible objects. It is also noted that when objects reflect light, it moves in all directions. It is believed that the reflected light forms the image in our eyes (Fleming, JÃ ¤kel, and Maloney, 2011). The path of light is regarded straight, and it is belied to travel at a constant speed in a uniform material until it encounters an object or another material. In the first experiment, it is shown that light travel straight until it meets another object where it becomes refracted making it bend (Katz, Small and Silberberg, 2012). In the second experiment, we make a pinhole viewer that is used to allow light from the source through small holes made in the aluminum foil. When viewed through it is realized that there is a bright light on the tape that creates an image (Minnaert, 2013). In conclusion, the experiment shows how light travels through objects. Besides, it shows how light travels in a straight line unless destructed by objects where it is emitted (Katz, Small and Silberberg,

Sunday, October 6, 2019

Annotated Bibliography& Academic Criticism Research Paper

Annotated Bibliography& Academic Criticism - Research Paper Example Such well-constructed annotations make all the difference when they are attached to a scholarly research paper. The skills required for such concise exposition has to be developed in a measured manner. A well-chosen annotated bibliography can raise the value of the research work and inform the reader of its reliability at the same time. Developing annotated biography demands greater intellectual and analytical skills. In order to achieve such skills of the higher order, greater efforts are needed and working on annotated bibliography equip the researcher with such finer skills besides familiarising them with formatting and other such aspects of creating annotated bibliography. In brief, the paper aims at developing the appropriate skills required to construct annotated bibliography which is well-directed, without compromising the refinement that it demands. Introduction The feedback received from peers and tutor can be summarised as below. The format of an annotated bibliography is s ignificant and its concise style holds the key. It has to be pithy and condensed. A forceful and uninterrupted progression of the thought stripped of all the details is an essential ingredient. Furthermore, a lucid style can retain the interest of the reader and convey the message or theme straightaway. It is worthwhile to keep in mind that the reader has greater importance than anybody else and therefore a narrative style that focuses on the theme and interest the reader has to be maintained throughout. Next up, the annotation must present the central argument vividly and convincingly. Listing the content is not the task on hand; the central recurring theme and the authority of the author are to be established beyond any doubt. It is always good to appraise and analyse the source content critically and evaluate its merit commenting on the author’s approach and way of presentation. In short, annotations are critical, concise and evaluative. Ebegbulem, J. C.(11June 2012).Corru ption and leadership crisis in Africa: Nigeria in focus. International Journal of Business and Social Science, 3 (11): 221-227. The paper by Ebogbulem throws light on the rampant corruption and inept leadership that plague post-independent Africa especially Nigeria. A country rich in natural resources bear the brunt of illiteracy, unemployment, malnutrition and poverty. Ebegbulem (2012) discuses in detail the factors that have contributed to the present crisis in Nigeria, that has brought democracy and economic growth to a standstill. Economic mismanagement and fraudulent misappropriation by people in power has spelled economic disaster, causing abject poverty for the people. The author further argues that the leadership crisis has been triggered by corruption. The paper categorically states that the leadership, both democratic and military, has ever inflicted untold miseries on the Nigerians, robbing public wealth. Ebegbulem goes on to examine how the democratic stability and econo mic growth are affected when corruption and its resultant bad governance strikes. Ebegbulem concludes that a strong leadership committed to the welfare of the people alone can reverse the trend. In the context of Nigeria the author drives home the point that corruption and bad governance destabilising the democracy and economy are entwined. The paper brings into limelight the stark realities haunting Nigeria. The narrative style is straightforward and objective. Obo,U. B &Obo E. B. (7 July 2013). Public Policies and the Crisis of Underdevelopment in Nigeria: A Critical