Enterprise Architecture Proposal Essay Example for Free

Enterprise Architecture Proposal Essay Submitted December 4, 2011 Description The organization I have selected is the company I work for, CMH Systems. The core functions of this business are Therapy, Counseling, Placement, and Job skills to name a few. This is a Mental Health Organization that compiles and disburses many services, including Doctors, Prescriptions, Hospitalization, and Housing of Mentally or emotionally challenged individuals. Protecting client information is essential. The integrity of such information is critical. We are currently in an affiliation with other CMH agencies and service providers across the state. I chose this agency because it is evolving so fast. IT is involved in every aspect of this organization and keeping abreast of changes are a challenge. Just over three years ago, we went from paper records to electronic. This alone was challenging enough, and then we implemented electronic record keeping software. Though this was well thought out and planned we continue to experience growth that is hard to keep up with. With an 80% business as usual attitude, the change is difficult. Getting input from other departments and or providers was essential. The problem arises when the stakeholders request changes on a daily basis. The information gleaned from the stakeholders up front was not what they expected. Their input was not specific enough to allow for advancement. Although the stakeholders were involved with the implementation of the new system, we struggle with staff that resists changes. operating model in terms of business process integration. CMH has a couple of operating models. First, there is the core agency, with several outlaying units. Within the core units, there is high integration. Everything except the daily activities are centrally controlled. The data is managed centrally. Tthis would be the coordination model. With our affiliates where the units are their management, data is kept locally, and records and data are transmitted to central for submission to state, would be the Replication model. operating model in terms of business process standardization. With both models, I mentioned the data and record keeping are standardized. On the core units, they enter data into the system using standardized software and data entry forms. The affiliate model runs the same standardized record keeping software and their data is kept on their servers and transmitted to us on a monthly basis. the chosen operating model in terms of business process integration. In comparison to the Happy Health organization, CMH has made strides in the areas of process integration. Although our affiliate has its own CEO and IT staff, we are the parent company. We have the same electronic record keeping software and it works in unison with theirs. We often share placement facilities and placement of clients with them. Compare the selected organization to the sample organizations using the chosen operating model in terms of business process standardization. In terms of process standardization, we are using the same methods of providing services and data collection. They have their own Doctors, therapists, and outreach workers on staff. The data collected there for the services, are input into their own system and the information is extracted each month and sent to us for import into our own systems. We then process the information and create the necessary claims for submission to the state. Describe the chosen operating model in terms of the financial benefits available to the organization as a result of the selection. In terms of the affiliation, the business model would be replication. Although as the primary provider and their affiliation with us we would like to have a more in depth model like coordination. †¢Explain your rationale for the selected operating model. With the coordination model we would have additional control over the record keeping, services provided and the ability to obtain needed information in a more timely manner. IT would also be able to work together, in a unified manner. In essence, this model would provide a much better way of record keeping and the ability to access the data and provide necessary claims to the state. The way we are currently conducting business is that we are completely different entities, and we have no direct recourse over what goes on there. The reason for the change in design is vital to the way we conduct business now and has a definite impact on the future. I propose the agencies come together in one coordinated model.

Staphylococcus aureas versus Methicillin Resistant Staphylococcus aurea

From Staphylococcus aureus to MRSA Abstract I investigated the difference between Staphylococcus aureas and its super bacteria form of Methicillin-resistant Staphylococcus aureas. I used books, websites, and scholarly projects to understand the topic at a molecular level. After researching penicillin, Staphylococcus aureas, and Methicillin-resistant Staphylococcus aureas, I found that both the drug and the bacteria use enzymes as their defense and attack mechanism. Penicillin uses a ß-lactam ring as a substrate to clog the active site of transpeptidase, and in defense, the bacteria uses ß-lactamase to break down the ß-lactam ring. I hope to continue research on super bacteria to determine whether or not other super bacteria such as Enterococcus faecium and Streptococcus pyogenes use the same defenses. I found growing number of super bacteria both interesting and disconcerting. My conclusion is that antibiotics and even antibacterials must be monitored more closely if we wish to keep the upper hand over bacteria. In 1928 when Alexander Fleming saw the bacteria-free ring of inhibition made by Staphylococcus aureus around Penicillium notatum (penicillin) in his petri dish, he must have been shocked and thrilled. By 1940, penicillin was being produced for a very eager public. [4] It was our miracle drug; bacterial infections were a thing of the past. However, the use of penicillin was quickly abused, and problems arose. A target bacteria, Staphylococcus aureas soon learned to beat the scientist who thought he had them conquered. MRSA, or Methicillin-resistant Staphylococcus aureas is very similar to Staphylococcus aureas, but it is no longer affected by penicillin or methicillin, the most common antibiotics... ...iel C., and Natalie C. J. Strynadka. "Structure of SeMet Penicillin Binding Protein 2a From Methicillin Resistant Staphylococcus Aureus Strain 27r (Trigonal Form) At 2.45 a Resolution." (2002). Protein Data Bank. . [4] Natural Products as Pharmaceuticals: a Look At Penicillin. 20 July 2008 . [5] Strynadka, Natalie C. J., and Daniel Lim. "Structural Basis of B-Lactam Resistance in Methicillin-Resistant Strains of "Superbug" Revealed." 2002. University of British Columbia. 20 July 2008 _sci_3.pdf>. [6] "The Bacterial Cell Wall." 1995. The University of Texas, DPALM MEDIC. 20 July 2008 . [7] Weigelt, John A. MRSA. New York: Informa Healthcare, 2008.

Branding Essay

Case Study 1: Transaction pricing in a recessionary economy Our client is an FMCG major that sells its products across many large and small retailers. The client is facing pressure from one such large retailer to cut prices across brands and categories. The client is therefore losing money on several products. Our client would like to use analytics to bring in some science into the pricing decision. Our analysis should help the client decide what pricing strategies should be applied to each product. How would you approach this analysis? The data available is weekly price and volume data for all client brands at the retailer for a period of 2 years. Case Study 2: Managing extreme seasonality Our brand is a high end lifestyle brand, famous globally. They however, face an issue of seasonal sales, with over 60% of their sales coming in the holiday period. They would like to understand how best to ensure sales in non seasonal periods as well and make the sales curve more even. Data available includes volume and values sales and usage and attitude studies. Case Study 3: NPD (own label) at a supermarket chain A leading supermarket chain wants to expand its limited portfolio of RTE food products. Transaction data for the past 1 year is available. How would you go about understanding the type of products to be introduced? What is the launch strategy for the products chosen? Case Study 4: Acquisition vs New product development A food major in the market with no chips brand in its portfolio. A decision has been made at the board level to either acquire an existing brand or launch a new one in this space. You are in charge of implementing this. 1. How will you take the decision on acquisition vs. new product development? Which metrics would you evaluate, what analysis would you perform & what data would you require? 2. If you decide to acquire a brand, how would you choose among the existing brands? What info do you require on each brand to make this call? a. Any intangible factors that would influence your valuation of existing brands? In case you decide to launch a new brand, how would you go about it? How would you decide the desired new brand characteristics and the associated marketing mix? Case Study 5: Analyzing brand performance A chips brand has recently been launched, but its performance has not been too good. The large promotional investments put in have not yielded lasting returns. You are told to investigate what’s wrong with the brand. 1. What data would you request to complete your investigation in this case? 2. Can you talk about your analysis roadmap in this scenario? What possible corrective actions would you suggest (you are free to make relevant assumptions on the diagnosis)? Case Study 6: Heritage brand with stagnating growth A very old chips brand (kind of like a heritage brand) is faced with stagnating growth. It continues to perform reasonably well on key equity parameters, and there is no decline compared to previous years. 1. How do you read the situation? What data would you require to make an accurate diagnosis of the issue? What are the potential corrective actions you would suggest? How would you decide between the various options?

Dangers of banning religion in workplaces - Free Essay Example

Sample details Pages: 8 Words: 2322 Downloads: 7 Date added: 2017/06/26 Category Management Essay Type Analytical essay Did you like this example? Australians take pride in two matters with respect to religion: the right to be free from a government- imposed religion, and a right to practice any religion. As Reuters (2010) states Religion is a matter of belief and practice, and religious beliefs will rarely affect the duties of our employment. Nevertheless those who are faithful will always practice and carry out their custom and traditions, behaving themselves according to their beliefs. Federal and state law requires that employees not be treated unfairly on the basis of religion (Reuters, 2010). Don’t waste time! Our writers will create an original "Dangers of banning religion in workplaces" essay for you Create order However, it is often difficult to avoid conflicts between work and religion, due to the increase in population diversity. A report from the Equal Employment Opportunity Commission (2008) has described the significant increase in the number of religious discrimination charges. From this, weve come to realise how important it is for employees and employers to understand each others rights and responsibilities. Religion conflicts within the workplace can arise in a wide variety of context. An example that (Wolf, Friedman, and Sutherland, 1998) mentioned is when an employer denies for an employees request for leave to practice a religious custom, making them choose between career and religion. Another common example in the workplace is when one employee actively promotes their religious views, whilst another colleague finds it insulting and offensive. In this case, whose side should HR managers take, when one employee demands for freedom of speech, while others demand for the emplo yees termination because of what they believe to be as harassment? There are a number of ethical frameworks that can inform us in making ethical decisions. As we seek to address these issues, we will discuss the viewpoints based on the four Cs approach: Character and Culture, Care, Consistency and Consequences. CHARACTER CULTURE Religion and culture are intertwined, in that they both influence and define the set of rules of what is right and wrong. It is through these rules that help shape an individuals character, principles, values, and beliefs. As religion and culture acts as a foundation for individuals to conduct themselves, the policy of banning religion would lead to poor quality of work, as employees are unable to show their true self. Being able to act and perform in a way that reflects the type of character they are. CARE The morality of care stresses the understanding of relationships. Here the policy of banning religion within the workplace could lead to a fall-out amongst the employees and employers. As religion underpin and bonds the relationships between peoples understanding of values and beliefs. CONSISTENCY As part of the role, HR managers should be able to make impartial judgements as to the ultimate rightness and wrongness of conduct and the values to which priority ought to be given in personal, social, and political decision-making (Maclagan, 1998). To become an ethical profession, one must seek to address issues with reasonable behaviour, regardless of the motives or outcomes, as long as it satisfies the set of rules and ethical code of conduct (deontological). If you acknowledge one religion, you need to acknowledge all. For example, if one Catholic at work displays a cross, then the Buddhist may display a Buddha, the Jewish may display the Menorah symbol. So in this case, where do we draw the line? In this situation HR professions should seeks to eliminate all religious practices within the workplace or allo w them all, because inconsistencies in dealing with ethical problems within an organisation can lead to a damage in reputation, and as a result will lead to poor management and other internal problems CONSEQUENCES The principle of maximising utility by maximising benefits over costs (utilitarianism). This theory relates to this issue (banning religion in the workplace) in that the outcome of the policy will immensely benefit the organisation, as it promotes the principle of equality and social justice. RESPONSIBILITIES AND IMPLEMENTATIONS In this situation, one of the main roles of HR professions is to establish policies that clearly states that any religion practices within the workplace is prohibited, as to benefiting the interest of the organisation. CEOs should stress this point by creating a statement in the company policy that clearly states that any form of religious discrimination is not acceptable (Mesriani, 2010), and to avoid religious discrimination, no relig ion practices is allowed in the workplace (Mesriani, 2010). However, if the policy creates adversity, or will affect the companys operations, CEOs are required to look into this matter, and re-evaluate the companys performance. Nevertheless, in most cases disputes between employees and employers can be settled through simple negotiation. The actual cause in most conflicts is that people often ignore and overlook things, which leads to miscommunication between the management. 1.3 DRUG TESTING One of the main social, legal, and economic issues in todays society is the use of drugs within the workplace. As employers become more aware of this issue, they have a legitimate reason to prevent this from happening, because the reality for employers is that drugs will affect the employees wellbeing and their ability to produce quality work. As a result, this will lead to poor quality of work and will damage the companys reputation. The introduction of employee drug testing will assist HR managers and CEOs in many ways. One of the benefits is that it shows how much the company values the health and safety of its employees, not only that it also encourages its employees with substance abuse problem to seek treatment, recover, and return to work. However, as HR professions, they should ensure that the implementation of employee drug testing should not violate the employees privacy. The tests must respect the dignity and rights of the person to be tested. The employee should n ot be forced, but make their own decisions (Shaw, 2009). Here the following ethical framework (the four Cs approach) will help us in determining the outcome of this particular issue drug testing. CHARACTER AND CULTURE An organisations culture plays a vital role in shaping the way an employee acts and behave, as their beliefs and values reflects the companys overall corporate values and performance goals. The result of the drug test will help HR managers in determining the type of character that they are. If the drug test happens to be positive, then the employee is deemed to be clean and honest. On the other hand, if the result is negative the employee is proved to be a dishonest and unreliable character CARE Employers have the right to know the health and wellbeing of its employees because the organisation is directly responsible for any harm that is done to its employees within the workplace. Managers who have some knowledge of drug use in the workplace will gain a better understanding of its employees, as to why they are using it and how they can help to prevent this from happening to other fellow team members. CONSISTENCY HR managers should ensure that all drug testing are consistent amongst the different levels of management, despite of their roles or position. As the use of drug in the workplace affects the way in which employees interact with their fellow members and customers, a uniform structure will prevent inconsistencies in the results and findings. CONSEQUENCES Whether the results are positive or negative, the employees should know the outcome of taking drugs, and they must face the consequences of their actions. Should they be dismissed immediately and be charged with criminal charges? Or should they be allowed to go to rehabilitation and be given a second chance and retain their positions? As we ask these questions, lets weigh the cost of a companys high absenteeism, high medical cost, accidents, and injuries, in co mparison to a policy that monitors the use of drugs amongst employees on a regular basis. The implementation of this policy may not significantly impact the entire organizations operations, but to some extent a few employees will find it intruding to their privacy. RESPONSIBILITIES AND IMPLEMENTATIONS One of the main obligations of HR managers is their duty of care towards their employees, being able to know that theyre working in a safe working environment. As the organisation implements drug testing, CEOs should set objectives and specify the expectations and consequences of violating the policy. Moreover, in order for the policy to be effective HR managers should ensure that the drug testing is consistent; this means that everyone is equal regardless of their roles or positions. Also, the information that is sought about each individual should be kept confidential, and should only be access by given authority. 1.4 PERSONALITY PROFILING Personality profiling is the way of understanding how an individual tends to behave in an environment which helps the company to maximise the individual performance and his contribution to the company (Jirli, 2010). The introduction of Personality profiling could benefit organisations and assist HR managers in developing team work, as it acts as a tool for recruitment staff in determining the best match for that particular job. However, as Trull (2005) states Gaining an understanding of motives or the dynamics of personality is virtually impossible using most objective assessment since the questions is generally behavioural in nature. As we seek to address this issue, the four Cs approach will assist us in assessing the significance of this issue of personality profiling. CHARACTER AND CULTURE Employers have a legitimate claim upon any information that is relevant to an employee, as they are contracted to perform specific roles within the organisation. However, because the personal information identifies what type of character the employee is, HR managers should keep each profile restricted to a certain level. The profiling of the job applicant will guide assessors on how to distribute the tasks amongst the team, based on an individuals qualities, background, culture, qualifications and behaviour. CARE Personality profiling amongst employees has allow managers to pay attention to specific aspects of an employees life. This means that, in certain circumstances managers are able to interact one on one with the employee with the aim of helping the employee out with their problems. Since, one of the roles of HR managers is to take reasonable care to avoid acts or omissions that would likely injure a person (Raniolo, Ellison, N.A). The act of doing so would prevent unnecessary trouble CONSISTENCY One of the main things that HR managers try to avoid is to discriminate or show favouritism and prejudice towards one employee, particularly i n this situation. As professions, managers must be very cautious and avoid being bias because this will affect productivity and trust between employees and managers. Hence, HR managers should not judge the performance of a particular employee based on a certain characteristic or aspect of their profile, for example, religion, background, or appearance. CONSEQUENCES Establishing a personality profiling policy may benefit the organisation in that they get a better understanding of the individuals. However, the result of this may be inaccurate which in the long term may have a negative impact on both the employees and employers. For example, two people may mark that they drink more than 3 glasses of alcohol a night. Does this mean that they both drink for the same reason? One may drink in order to get to sleep, while the other is depressed and another may party every night. There are so many possibilities as to what the motives for ones actions RESPONSIBILITIES AND IMPLEMENTAT IONS There are countless obligations for HR managers and CEOs in this particular situation. However, the key question here is Would personality profiling result in an inaccurate perception of the life and role of the profiler? As a result, the findings of this field may attract individuals who are poorly suited to competent practice. CEOs should diligently try to make business decisions and take actions that are guided by their values or moral code. However, human behaviour is probabilistic not deterministic (Miller, 2003). Therefore, personality profiling can only be used as a starting point. CEOs need to understand how this practice may benefit or harm the organisation, both short and long terms and HR managers should determine on how personality profiling can help the individual adapt to the organisations culture. 1.5 CONCLUSION The implementation of new policies within the workplace and the banning religion within the workplace is a delicate issue that must be handled properly. Communication to the employees is critical as well as employee involvement in the implementation of any kind of policy formation. HR managers must be able to foresee problems that might occur including those ethical issues that may arise and CEOs should develop strategic plans to prevent any conflict that may occur between an employee and an employer. On the other hand, employees should be encouraged to realise their personal responsibilities under their contract, particularly those who deal with personal information on a regular basis. The policies and procedures must be clearly stated and followed for an organisation to be properly protected. Employee contracts should state that the organisations policies are fundamental to the employers business and must be adhered to at all times. Failure to adhere to policies should be spec ified to be a breach of the employees terms and conditions of employment which could lead to dismissal on the ground of misconduct. Procedures should be implemented by employers for employees to ask questions about any policy in operation. As such, the implementation of the policies above should be executed properly to ensure its full effectiveness. Reuters, T. (2010). Religion in the Workplace Employee Rights Centre. Retrieved 20th April 2011 from https://employment.findlaw.com/employment/employment-employee-discrimination-harassment/employment-employee-religion-discrimination-top/employment-employee-religion-workplace(1).html Gadget, M. (2010). Religion and the Workplace. Retrieved 20th April 2011 from https://hubpages.com/hub/BELIEF-FAITH-AND-RELIGION-IN-THE-WORKPLCE Shaw, T. (2009). Ethical Considerations when Drug Testing in the Workplace. Retrieved 22nd April 2011 from https://www.recruitmentdirectory.com.au/Blog/ethical-considerations-when-drug-testing-in-the-workpl ace-a194.html Raniolo, R Ellison, M. (n.a). Duty of Care. Retrieved 30th April 2011 from https://www.swtafe.edu.au/Staff/policies/policies/docs/institute/Duty_of_Care_-_Minter_Ellison.pdf Miller, J. (2003). Human ecology. USA; Acid Free Paper

Power in International Relations - 2084 Words

The conception is power in International Relations is a key to a better understanding of the discipline. In many cases the definition of power affects the way in which many issues are tackled in foreign policy or security. There are many theories that try to deal with the conception of power, however they make a rather large number of assumptions that might make them difficult to applicable in real life. Furthermore many of them does not take into consideration that power evolves, therefore if we want to understand and conceptualize power in the international sphere it is crucial to analyze different theories and conceptions of it.This essay will argue that power is a broad term that can best be conceptualized and explained in IR by a multiplicity of theories. In making this argument, this essay will first explain why power power is crucial in the study of International Relations. Then two theories of power from the realist tradition , one of the neoliberalist tradition, one of postm odernism and a critical theory of realism will be outlined. This theories of power will be explained and compared in order to create a complete conceptualization of the term power than can be applied to the twentieth first century The realist view of International Relations explains that power is crucial for International Relations because every state is in the pursuit of it. Furthermore the words power and powerful are used very often in the international spectrum, however a definition of itShow MoreRelatedInternational Relations : The Distribution Of Power, Development, And Dependency Within States1070 Words   |  5 PagesInternational relations are completely based off of anarchy and states making interactions between each other. Marxism helps explain a state’s ideals for why they make interactions and for what reasons. It is a theory that states how the world is being ran off of actors wanting total control over the distribution of goods and means of production in a free market defined by the want for profit. These ideals bring out what drives the interactions between states internationally; which in turn helpsRead MoreWhat Is Power And What Forms Can It Shape? International Relations? Essay1672 W ords   |  7 PagesThroughout, political history, power has played a distinguished part in the causes and understanding of how and why state actors fight, cooperate and live with one another. Moreover, power in international society has never been disturbed equally. Therefore, what is power and what forms can it shape to affect international relations? The three political theories of realism, marxism and social constructivism define power in association with the taxonomy principles of concepts. Therefore, it is theRead MoreInformation Is A Source Of Power In International Relations.967 Words   |  4 PagesInformation is a source of power in international relations. Technology is the capability by which states store information. More so now than ever, countries heavily rely on information technology and data storage in order to facilitate the basic functioning of a state. However, when any state places enough importance on a resource of power, that resource becomes a target. An a ttack on informational structures of a state are cyber-attacks or â€Å"the use of computational technologies in cyberspace forRead MoreThe Five International Relations Theories, Realism, Liberalism, And Feminism1241 Words   |  5 PagesThree of the five international relations theories, Realism, Liberalism, and Feminism have very interesting and different positions pertaining to global politics and issues. These theories, although quite different, effect the past present and future of global politics. Realists tend to believe the worst in humanity, that they are inherently selfish, and expect the worst. They are always prepared for war, and will go on the offensive if it means gaining more power and respect. Liberals do not thinkRead MorePower As A General Political Science827 Words   |  4 PagesPower in politics is a central concept, yet a contested one for a multitude of reasons. Chief among them is its contested nature and disagreement among political scientists over the c oncept itself as well as its operationalization. I refrain from further exploring the literature on power as a general political science concept and focus on its aspects related to negotiation. From an international relations perspective, realists for example, emphasize on the materialistic aspect of power; militaryRead MoreBreaking Open Japan, by George Feifer1258 Words   |  6 PagesJapan: Commodore Perry, Lord Abe, and American Imperialism in 1853. New York: Smithsonian Books/Collins, 2006. pp. xx, 389 p.: ill., maps; 24 cm. ISBN: 0060884320 (hardcover: alk. paper). Format: Book. Subjects: Japan Foreign relations United States /United States Foreign relations Japan. 2. A statement regarding the author: George Feifer is a native of Roxbury, Connecticut. He has written for a wide array of publications. He is a â€Å"well-known† and veteran author with many successful books. SomeRead MoreInformation Technology And The World Wide Web Creating New Bases For Power And Domination897 Words   |  4 Pages1. Are information technology and the World Wide Web creating new bases for power and domination? There are various levels of domination that are associated with technology. For instance, employers can use this to create businesses opportunities that span the world. Jobs can be outsourced allowing for one nation to profit without paying or supplying their workers with fair wages or safe work environment according to their federal guidelines. They can profit off cheap labor and unethical standardsRead MoreRealism And The Theory Of Realism1939 Words   |  8 Pagesspecifically, the international system, realists focus their ideas about how international relations work based upon the concepts of power and security.† (Realism in International Relations, 2017) The University of Stanford gives an overall idea that â€Å"Realists consider the principal actors in the international arena to be states, which are concerned with their own security, act in pursuit of their own national interests, and struggle for power.† (Political Realism in International Relations (StanfordRea d MoreA Practical Example Of The Indochina War Essay1798 Words   |  8 Pagesdepending upon the stability of the means or ends, it may change if new means become available or if different ends appear to be preferable. Strategist understanding of the tangible and intangible factors and instruments of national power in addition to the interplay relation and weighing them collectively is a key to formulate and execute strategy. In this paper, I will explain these factors, how they are interconnected and how strategists should weigh them in formulating and executing strategy alongRead MoreWhat Caused The 1992-1996 Afghan Civil War : Will History Repeat Itself?3614 Words   |  15 Pageswhy conflict occurs, it fails to prevent the march toward war. This paper explores Kenneth Waltz’s three levels, or â€Å"images’ of conflict. Waltz, the founder of neorealism, established the foundation for one of the two currently accepted international relations schools, the other Neoliberalism. This essay compares Waltz’s theory to other contemporary thinkers, then applies it to the 1992-1996 Afghan Civil War. The paper concludes by noticing the similarities events during the civil wars period

Karl Marx and the Ideal Society Essay - 2547 Words

Karl Marx and the Ideal Society One of the greatest debates of all time has been regarding the issue of the freedom of mankind. The one determining factor, for Marx, it that freedom is linked with class conflict. As a historian, Karl Marx traced the history of mankind by the ways in which the economy operated and the role of classes within the economy. For Marx, the biggest question that needed to be answered was â€Å"Who owns freedom?† With this in mind, Marx gives us a solution to both the issues of freedom and class conflict in his critique of capitalism and theory of communism, which is the ideal society for Marx. His theory of communism is based on the â€Å"ultimate end of human history† because there will be freedom for all humankind.†¦show more content†¦Marx dismissed the relevance of all but two of these classes, the bourgeoisie and the proletariat, because they didnt have any real impact on society as a whole. They werent in a position to exploit labor. His theory focuses on the conflict and antagonism between those who owned the modes of production, the bourgeoisie, and those who were forced into selling their labor to them, the proletariat. As Marx saw it, class is about the transfer of surplus (profit) from below and the exercise of power from above. The class with the means of material production also has the means of intellectual control. Those in charge have a political doctrine to control their interests, at whatever cost. This led to what Marx terms brain colonization. The concept of ideology was used in the defense of capitalism. It was a strategy used to support the system and keep the workers concerns quieted. Liberalism was the ideology used by the bourgeoisie. Marx said, Liberal ideology is used to blind the workers to the injustice of exploitation. It was an official veil to persuade the masses that they are free by extolling the myths of progress to them. They argued that since slavery was no longer used for labor, the workers were indeed fre e. The workers were also told to find happiness and freedom through religion for their material conditions were asShow MoreRelatedWhy Karl Marx Thought Communism was the Ideal Political Party716 Words   |  3 PagesWhy Karl Marx Thought Communism was the Ideal Political Party Karl Marx was brought up in a Jewish community and society in his early years. His father was a lawyer, although he was descended from a long line of rabbis. As opportunities for Jews decreased Karl Marxs father, Herschel, decided to convert from Jewish to Lutheranism, which was the Prussian states religion. The Marx family was very liberal and often held intellectual conversations and was introduced to a lotRead MoreAdam Smith And Karl Marx1055 Words   |  5 PagesDerek Ding Economy Ms. Walsh Period D Adam Smith and Karl Marx Adam Smith and Karl Marx are famous for their influential and prominent theories about economics. Two difference thoughts indeed are contributions that can change the world. In Adam Smith s â€Å"Inquiry into the Nature and Causes of the Wealth of Nations†, he introduced an idea where producers work in ways they want and get paid by how much work they put in. In other words, they can set up prizes that they thinkRead MoreThe Soul And Consciousness Of Revolutionary Politics1482 Words   |  6 Pages(ideology) 6 V Psychology of Political Duty and Freedom 7 VI Conclusion 7 VII Bibliography 8 I In this short paper I will be comparing and contrasting the political psychology of Plato’s Republic and Karl Marx’s political theory. Their concepts of group consciousness will be contrasted as well as how the nature and existence of ideology affect their theories. This will be concluded by a discussion on how the understanding of political psychology contributesRead MoreThe Revolution Of The Middle Of A Revolution1292 Words   |  6 Pageswidening of the gap between the poor and the rich. Aware of the widening gap, Karl Marx wrote out against the problem. However, the problem was still around about fifty years later when Abraham Kuyper also addressed the problem. Both Marx and Kuyper agreed that poverty was a problem and need to be fixed. Each one took a different view on how to fix poverty, and both have their flaws, but in the end, both Karl Marx and Abraham Kuyper are calling for action to end poverty. The problem with povertyRead MoreWhy Marx s Social Theory Place So Much Emphasis On Class Conflict And The Economic Aspects Of Society? Essay1524 Words   |  7 Pagesdoes Marx s social theory place so much emphasis on class conflict and the economic aspects of society? Karl Marx is one of the most influential and revolutionary philosopher, economist and sociologist of the 19th century. His thoughts not only shaped our understandings of the capitalistic world but also created a new system of social organization, communism. His ideology also defined the key political figures of the cold war period such as Stalin, Mao and Castro. Without Marx, theRead More Reaction Paper: Was Marx Wrong?705 Words   |  3 Pagesnbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;Karl Marx was an influential character of history, a man of tremendous intelligence as well as a great inspiration to many philosphers and people past and present. Karl Marx was a man of action for the less fortunate class, in that sense his theories are not wrong, to a certain extent they are positve inquisitions. It is those whom have practiced Marx theories that have misinterpreted his works giving Karl Marx a negative demeanor. Specifically Lenin andRead MoreThe Contribution O f Karl Marx Essay1337 Words   |  6 Pagescontribution of Karl Marx to the study of sociology, throughout this essay I will be discussing what Marxism is, how Marxism has affected today’s society as well as academics that did not agree with Marx’s theories. Marxism is the social and economic system based on the theories of Karl Marx and Freidrich Engels. Karl Marx was born in Trier, Germany in 1818, Marx studied law and Berlin University but later changed to philosophy until finally perusing his interest in journalism. When Marx finished hisRead MoreSocial Ideals Of The Justices Of Society And Historical Class Rankings911 Words   |  4 PagesHaving read the unique social ideals of both John Rawls and Karl Marx I intend to explain both philosophers points of view on the justices of society and historical class rankings. I would like to share their similarities and differences as each made valid points on history. Next, I intend to share the reasoning behind my findings and that of the philosopher s ideas. Finally, I will share my appreciation for Karl Marx, as he has influenced my views thus far. Original Position and Natural State Read More The Communist Manifesto by Karl Marx and Its Influence on Society998 Words   |  4 PagesThe Communist Manifesto by Karl Marx and Its Influence on Society The German political philosopher and revolutionary, Karl Marx is best known for his radical concepts of society. His socialist views are best seen in his work Communist Manifesto. As one of the most influential thinkers of all times, he was able to convey revolutionary ideas in a manner that all could understand. Due to its comprehendible nature and usefulness to the people of his time this document was widely popularRead MoreGovernment And Societal Ideas From The 19th Century1232 Words   |  5 Pages19th Century, three prominent thinkers John Stuart Mill, Giuseppe Mazzini, and Karl Marx had their own ideas of an ideal society. These individuals had their own unique view of the perfect society. However, they all have something in common with their visions: all of these excerpts discussed an oppressive entity. In all of the three ideal societies concocted by these men, tyrannical governments or oppressive societies are obstacles to their visions. In the excerpt from John Stuart Mill’s On Liberty

Company Is Required To Follow Guidelines -Myassignmenthelp.Com

Question: Discuss About The Company Is Required To Follow Guidelines? Answer: Introducation The annual report of the company is the report which represents the detailed financial statements of the company for that particular period and along with that the directors report and the independent auditors report is also included in the annual report. Through this report, the financial report of the company has been analyzed. The company that has been chosen for the purpose of the analysis is the Blue Sky Alternative Investment Limited. The main body of the report has been divided into seven parts. The first part is dealt with the composition of the equity of the company. The second part deals with the income tax expense for the current year as stated in the financial statements. The third part deals with the comparison of tax expense with the net profit of the company. The fourth part deals with the deferred tax assets and the deferred tax liabilities of the company. The fifth part deals with the recording of income tax provision in the financial statements and how the same is d ifferent with income tax expense. The sixth part deals with the analysis of the tax expense as shown in the cash flow statement and the last part deals with the overall analysis of the equity and tax expense of the company. The report is then ended up with the conclusion and recommendation. The consolidated statement of changes in equity has provided the composition of the equity. It consists of four major parts. These are as follows: Contributed Equity It is that part of equity which represents the amount that has been received from the shareholders of the company in lieu of the shares issued to them. Reserves It consists of that part of profits which are available for use for the specified purpose. For instance, employee shares option reserve, redemption reserve, etc. Accumulated Profits It consists of the every years balance of the profit that has been accumulated and is available for use for general purpose. Non Controlling interest It represents that portion of the share in the company which is not sufficiently large and is only regarded as the measure of control. There have been changes observed over the past year. These are Contributed equity has been increased by $1,002,000 due to the issue of shares made during the year. Reserve has been increased due to the creation of employees share option reserve. Accumulated profit has been increased by $20,634,000 being the profit for the year and has been decreased by $10,783,000 being the dividend paid by the company during the year. At the end the accumulated profit has been achieved at $26,664,000. Non Controlling interest has been increased by $51,000 as part of the profit of the year and then decreased by disposition of non controlling interest amounting to $12,322,000 and by dividends amounting to $5,672,000 and at the end the non controlling interest is negative $293,000 (Company Official Website, 2017). The current income tax expense as reported by the company in the financial statements of the company is $4,771,000. The same has been reported in Note number nine of the financial statements of the company. As per the accounting policy of the company, current income tax expense is the tax payable on that periods taxable income. The taxable income is calculated by applying the provisions of the income tax law. As per the income tax law, some additions were made and accordingly the taxable income is arrived. On that taxable income, the tax is calculated by multiplying with the applicable Australian taxation rate. As per the consolidated statement of profit and loss account, the income tax expense consists of the current income tax and the amount of deferred tax. The total tax expense is $9,043 but the related current tax expense that has been included in that amount is $4,771,000. The screen shot of the same is given in Appendix (Company Official Website, 2017): No, the tax expense as reported in the financial statements of the company namely consolidated statement of profit and loss will not be equivalent to the tax expense so arrived after multiplying the accounting income with the Australian taxation rate applicable for the year ending 30th of June 2017. The same has been depicted with the reconciliation statement that has been prepared and made available for the purpose of analysis at note number nine of the financial statements of the company. The note number nine shows that there have been tax effects amounts which are nondeductible and taxable which has been included in the calculation of the current tax expense. The reconciliation statements have been produced below so as to check and confirm the reason for the difference between the two Tax Expenses Particulars Amount in $000 Profit before income tax 29,728 Tax at the Australian tax rate of 30% 8,918 Tax effect deductible/(taxable) Franked distribution (895) Non-deductible 148 Non-assessable income 113 Deferred tax balances not brought to account (661) Foreign Tax Rate Effect 1,420 Expense - Income Tax 9,043 Stated in Consolidated Statement 9,043 (Company Official Website, 2017) Because of the above non deductible and tax effects, there is the difference between the income tax as reported in the financial statements and the tax expense so calculated by applying the income tax rate to profit before tax. As per the accounting policy of the company, the company has to mandatorily report the deferred tax assets and liabilities in the balance sheet and accordingly charge the deferred tax expense or deferred tax income in the consolidated statement of the profit and loss. Following are the deferred tax asset and liabilities reported in the financial statement of the company: Deferred Tax Asset set off against deferred tax liability - $8,584,000 Deferred Tax Liability before set off - $19,459,000 and after set off - $10,875,000 (Company Official Website, 2017). The deferred tax asset and liability is created only when there are temporary differences. Deferred tax assets are recognized only when there is the probable certainty that the company will have the taxable income in the coming future years which will be able to set off the deferred tax assets so created. The carrying value of the deferred tax assets is evaluated at the end of the each year and accordingly the additions or deletions are made. The deferred tax liabilities are recognized in all the cases except the areas which involves the investments in subsidiaries, joint ventures and in case any tax or liability arises from the recognition of the goodwill individually (AASB, 2012). Both the deferred tax assets and liabilities can be offset in case it is legally enforceable and pertains to the same tax authority. Yes, the company has made the provision for income tax and mentioned as income tax payable amounting to $1,345,000. Yes, the company has recorded the current assets for the financial year ending 30th of June 2017 amounting to $33,200,000. The company has off set the deferred tax assets with the deferred tax liability amounting to $8954 because of the reason that the offset is allowable as they belongs to the same authority (Company Official Website, 2017). The difference between the current tax expense and the income tax provision is that the former includes the tax effect on the temporary differences whereas the latter only includes the tax payable on the income. No the income tax expense shown in the consolidated income statement and the income tax expense shown in the cash flow statement will not be the same. It is because of the following reasons: The tax expense shown in the consolidated statement of profit and loss account includes not only the tax expense but also the tax effects on the temporary differences. Thus it includes the deferred tax expense. Cash flow statement represents the actual inflow of cash and outflow of cash that has occurred during the period. It does not take into account the accruals. The tax expense shown in the consolidated cash flow statement will be the amount of tax which has been paid by the company during the period under consideration for which the financial statements have been prepared. After analyzing the tax expense in detail with the understanding of the deferred tax assets and the deferred tax liabilities, I have found the analysis of tax expense very interesting and easy. The companys financial statements have given the way as to how to deal with the tax expense related in different scenarios. Like in the profit and loss tax expense is different and under the current liabilities the amount of tax expense gets differs which has enable me to understand the different aspects of the tax expense in detail. Secondly the reconciliation has cleared the doubt on the tax on the accounting income as mentioned in the income tax expense reconciliation statement. Conclusion The annual report is mainly presented by the companies to the shareholders and other stakeholders of the company so that every potential investor and the existing investor can have the knowledge as to how the company is working and how far the company has ensured the transparency in its disclosure of the financial statements. The main focus of the report has been on the equity and the tax expense including the deferred tax expense. To conclude the report, it is obvious that the company is required to follow the guidelines of the accounting standards along with the Australian taxation law and accordingly shall make the best possible disclosure wherever possible. As per the analysis of the financial statements, the recommendation will be that more transparency shall be ensured in the financial statements so that every common layman can understand each and every aspect. References AASB, (2012), Income Taxes, retrieved from https://www.aasb.gov.au/admin/file/content105/c9/AASB112_07-04_COMPsep11_07-12.pdf accessed on 24/01/2018. Company Official Website, (2017), Annual report, retrieved from blueskyfunds.com.au/us/ accessed on 24/01/2018.