Tuesday, December 24, 2019

The Conception Of Dreams Is Interesting Because It Helps...

Dreams can occur at anytime of the day. Some people day-dream at school or work while others dream at night. Even if you did not dream last night, you probably have earlier in life or even before reading this sentence. Have you ever had a dream you forgot to print out a worksheet and got in trouble for it at school? Then, you wake up with your heart racing and print out the worksheets before you forget. How are dreams created during sleep? During rapid eye movement (REM) sleep, the brain gathers images and thoughts to create realistic or imaginative dreams. There has been some debate if these dreams could actually help someone in their life. Whether it helps them just a little or substantially, people can use all the help they can receive.†¦show more content†¦As stress accumulates, depressive moods and thoughts develop day after day which creates an unhealthy atmosphere for anyone. This could lead to negative thoughts and unproductivity of any task at hand. However, one of the solutions discovered to help with the depressing thoughts and moods was through dreaming at night. According a study performed by Rosalind Cartwright, the study showed that 72% of the subjects had less depression after dreaming (Chatterjee). How was this possible? There was a decreased development of depression while moods changed throughout the night. This could be explained by experiencing a pleasant dream which causes a release of pleasure neurotransmitters such as serotonin or dopamine. Pleasant dreams could be anything from superpowers related to even sexual. Another interesting thing about dreams, it can help someone find a problem that is bothering them through nightmares or dream adventures. Therefore, â€Å"an explication of a dream can lead to understanding personality dynamics and promote behavioral change† (Merced 183). Dreams could point out personality dynamics that need changing following a traumatic experience. People’s personality changes with ever y experience that occurs to them; therefore, it is possible to be happy one day then sad another day. Dreams can lead the dreamer to the problem and help get them mentally back on track. With dreams mentally being able to help,Show MoreRelatedEssay on The Joy of Intolerance4723 Words   |  19 Pagestheories which, by analyzing the psyches of humans as individuals and of societies, explain why intolerance, destruction and aggressiveness control our actions so frequently. Therefore, in spite of positive intentions inherent in every person who dreams about being the best and living as decently as possible, an honest picture of our time evokes a rather pessimistic disposition. 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Monday, December 16, 2019

Tanglewood Case 2 Free Essays

Table 1. 1 Markov Analysis Information Transition probability matrixCurrent year (1)(2)(3)(4)(5)Exit Previous year(1) Store associate0. 530. We will write a custom essay sample on Tanglewood Case 2 or any similar topic only for you Order Now 060. 000. 000. 000. 41 (2) Shift leader0. 000. 500. 160. 000. 000. 34 (3) Department manager0. 000. 000. 580. 120. 000. 30 (4) Assistant store manager0. 000. 000. 060. 460. 080. 40 (5) Store manager0. 000. 000. 000. 000. 660. 34 Forecast of availabilitiesNext year (projected) (1)(2)(3)(4)(5)Exit Current Workforce Previous year(1) Store associate8,50045055100003485 (2) Shift leader1,20006001920. 00. 0408 (3) Department manager85000. 04931020. 0255 4) Assistant store manager15000. 09691260 (5) Store manager5000. 00. 00. 03317 Gap analysisNext year (projected) (1)(2)(3)(4)(5) Year end total (column sum)4505111069417145 External hires needed (current workforce-total)399590156 215 Environmental Scan Based on the environmental scan, it has been concluded that Tanglewood may have a hard time filling their vacancies in the future. Even though the unemployment rate in the area is high, recent forecasts suggest that expansion in the professional and managerial sectors of the labor market may reduce the number of individuals available for these jobs. Since Tanglewood only promotes from within, the entry level position of store associates does not appeal to many applicants. College graduates with management degrees are hesitant to start at a low position and work their way up. Many want the managerial position without putting in the work. Action Plan Based on Table 1. 1, it is forecasted that Tanglewood will need to hire over 4,200 employees. Since Tanglewood has a policy of promoting internally, most of the positions that will be filled will be store associates. It is believed that Tanglewood will need 3,995 store associates, 90 shift leaders, 156 department managers, 21 assistant store managers, and 5 store managers. In order to meet Tanglewood’s needs, here is the plan of action: -Tanglewood will hire 3,995 employees to fill store associate positions. Even though this is an entry level position, we will try to make it as appealing to applicants as we can. It is perceived that entry level sales positions are long hours, low pay, and frequent conflict with lower-level employees. These perceptions are partially correct, but we can appeal to applicants by giving them information about the Tanglewood operational plan. Tanglewood believes that it is very important to have complete employee involvement. Employees are involved with formulating methods for running their departments, as well having profit-share benefits, and weekly meetings allow all employees to voice their opinions. The management positions will be filled by experienced associates and other lower management employees. Based on Table 1. Comparing Incumbency to Availability and Annual Placement Goals, in each section (store associates, shift leaders and department managers) there is a goal for either minorities or females. No particular segment has a fulfillment of both females and minorities. This pattern suggests that possible each department focuses on one or the other, but not both. Once they have reached their current goal, they should work hard to maintain that goal. Based on the analysis and affirmative action plan, I think that Tanglewood should adjust their recruiting and promotion practices. It has been well known that Tanglewood promotes from within. What will they do if a majority of the minorities do not continue working for Tanglewood as a sales associate? Due to their policy, higher management positions will not be likely to be filled by minorities if there are a small amount of minorities to choose from. Tanglewood needs to not only meet the minimum goal when hiring minorities and woman, but exceed that goal. Their policy of internal promotions can be a problem when dealing with minorities because of the reason recently discussed. There are many advantages of internal promotions, such as employee knowledge of Tanglewood. How to cite Tanglewood Case 2, Papers Tanglewood Case 2 Free Essays Question 1 Table 1. 1 Markov Analysis Information Transition probability matrix| Current year| | (1)| (2)| (3)| (4)| (5)| Exit| Previous year| (1) Store associate| 0. 53| 0. We will write a custom essay sample on Tanglewood Case 2 or any similar topic only for you Order Now 06| 0. 00| 0. 00| 0. 00| 0. 41| | (2) Shift leader| 0. 00| 0. 50| 0. 16| 0. 00| 0. 00| 0. 34| | (3) Department manager| 0. 00| 0. 00| 0. 58| 0. 12| 0. 00| 0. 30| | (4) Assistant store manager| 0. 00| 0. 00| 0. 06| 0. 46| 0. 08| 0. 40| | (5) Store manager| 0. 00| 0. 00| 0. 00| 0. 00| 0. 6| 0. 34| | | Forecast of availabilities| Next year (projected)| | (1)| (2)| (3)| (4)| (5)| Exit| | | Current Workforce| | | | | | | Previous year| (1) Store associate| 8,500| 4505| 510| 0| 0| 0| 3485| | (2) Shift leader| 1,200| 0| 600| 192| 0| 0| 408| | (3) Department manager| 850| 0| 0| 493| 102| 0| 255| | (4) Assistant store manager| 150| 0| 0| 9| 69| 12| 60| | (5) Store manager| 50| 0| 0| 0| 0| 33| 17| | | | | | | | | Gap analysis| Next year (projected)| | | (1)| (2)| (3)| (4)| (5)| | Year end total(column sum)| 4505| 1110| 685| 171| 45| | External hires needed (current workforce-total)| 3995| 408| 391| 48| 33| Environmental Scan Based on the environmental data, some factors that suggest Tanglewoo d might have difficulty filling positions is based on retail work is not desirable to recent college graduates. Tanglewood would like to hire those that can start lower at shift level and move up the chain and have college background. However retail is not the more desirable market since it has long hours, low pay, and conflict with lower-level employees. Developing a plan of action takes careful planning. Tanglewood has to look at the percentage of employees needed each year for each position. During the first two years, store associates will be needed mainly with 50% increase of shift leaders during year two. Tanglewood wants to make sure there is a long term relationship with the employees, allowing them to grow within the company. Hiring and promoting from within helps with filling in gaps. The other way is hiring temporary employees. Question 2 The only one I can tell that is out of line is the minority availability for store associates. The incumbency percent is below 80% and they have no goal set. This pattern shows that they are not hiring minorities giving them a chance to grow within the company. This means that minority shift leaders and managers will be extremely low. How to cite Tanglewood Case 2, Papers

Saturday, December 7, 2019

Various Tenets Of The Accounting Samples †MyAssignmenthelp.com

Question: Discuss about the Various Tenets Of The Accounting. Answer: Introduction The present study focuses on the various tenets of the accounting standards, which are published by theInternational Accounting Standards Board (IASB). For instance, it is determined that in what manner the use of fair-value ofaccounting had led to the issue of global financial crisis (GFC) and the manner in which the intervention of the IASB can resolve the issue. It has been discussed in the study various ways through which the accounting standards of the IASB had to be modified due to the GFC. It is also determined that in what ways AASB can use the IASB standards. Accounting standards are depicted to have an impact on the global financial crisis that occurred during the year 2008. More precisely, it can be stated that the crisis mostly happened due to the use of fair-value accounting. Fair value accounting refers to the approach that involves timely revaluation of the values pertaining to assets and liabilities. It enables to explore the actual value of the assets and liabilities at the market price. For this reason, the method is also termed as market-to-market accounting. The supporters of fair value accounting thus argued, that the method enables to get insights regarding the present situation that prevails in the market (Financial Times, n.d.; Tab?r? Rusu, 2011). On the contrary, the opponents of the theory clearly explain that fair value accounting made the investors to consider inappropriate market value of the securities. This created economic turbulences such as bankruptcy that raised the issue of for the banking sector. This is due to the fact that various types of securities were present in the market were valued at an inappropriate manner due to which the investor was unable to get proper return on their investments. Low return reduced the ability of the investors to repay back their debts, as they had low income. Such instances raised the amount of bad debts of the banks (Small, 2012). The problem with fair value accounting is that during economic upswings, the tendency of the firms to adopt debt was considered as a major form of financing. Such situations can lead to losses, when the economy is in boom situations. Prices of financial assets during the crisis were mostly done with the help of fair-value accounting, as depicted from the excessive reliance on market values (Laux Leuz, 2010). Banks at the time of financial crisis had to write the value of assets at a lower price due to the prevailing situations. For mitigating away the losses, the banks had to sell their assets at low prices for surviving the issue of financial crisis. Such sale of financial assets at a significant low price is termed as asset fire. Furthermore, it was observed that the sale of assets became a source of earning revenue for the banks. It means that asset fire sale became a common phenomenon in the banking sector that further triggered the issue of economic crisis. Collapse of the Lehm an Brothers can be regarded as a standing, which was mostly due to the limitations of fair value accounting (The Economist Newspaper Limited, 2017). The IASB has played a crucial role during the event of economic crisis. It is however noted, that the board made it necessary to mark up the financial assets at the prevailing market price, which prevailed at that time (The Economist Newspaper Limited, 2017). Pertaining to cope up with the situation, the IASB issued a new standard known as International Financial Reporting Standards (IFRS) 9. This is supposed to resolve the issues that were prevalent during the economic crisis. As per IFRS, it was necessary for the business houses to record the financial losses on a timely basis, which is often observed s in case of credit. The absence of such timely recording of financial assets is responsible for triggering the financial crisis of 2008. IFRS 9 makes it necessary for the organizations to estimate all the credit losses that can arise at the time, when financial instruments such as stocks or bonds are purchased. The standard also makes it essential for the organizations to disclose th e initiatives taken for mitigating away the risks. This is especially important for the investors (PwC, 2017; Deloitte Global Services Limited, 2017). The standard is depicted to reduce the chances of financial crisis that prevailed in 2008. This is due to the fact that it is mentioned that the fair value of assets needs to be calculated using the profits and losses that occur at a particular period. Additionally, making estimation of the losses at a predefined manner is also supposed to reduce the chances of suffering from inappropriate income pertaining to credit risks. Thus, it can be stated that the business environment of Australia is supposed to get rid economic issues after such action of the IASB to the accounting standards (European Systematic Risk Board, 2017; Deloitte Global Services Limited, 2017). However, it requires proper monitoring by the regulatory bodies, so that IFRS 9 is properly followed in the Australian context. As an amendment to IAS 39, the IASB passed another accounting standard known as IFRS 13. It infact mentions about a more precise and modern way of assessing fair value. As per IAS 39, the value of asset is determined by the existing market forces that operate at a particular time. In the same manner, IFRS 13 also mentions the need for determining the market value of an asset based on the price agreed between the parties involved in transaction. Additionally, IFRS 13 makes it mandatory to consider the credit risks, which is involved while calculating the value of the assets. It enlarges the chances of exploring the actual value of the assets after calculating the bad debts, which can arise when a party is involved in entering into the business transactions. Thus, it is important for the seller or a buyer to consider his/her credit risk during the assessment of valuing the assets (Deloitte Touche, 2013). The global financial crisis is mostly depicted to be caused due to the flaws that were present in IAS 39 standard. It was not needed by the financial entities to recognize the value of assets and liabilities as per the income statements. Thus, it is depicted that IAS 39 made it necessary to calculate fair value based on the situation. Low estimation of the assets based on market situation is observed to enhance the issue of solvency. As an amendment to this, IFRS 9 makes it important to consider the value of assets based on profit and loss statement. This is supposed to reduce the chances of losses that are caused due to inappropriate calculation of the asset values. As per the standard, it was not necessary for the business entities to disclose the initiatives taken to mitigate away the risks pertaining to credit. Thus, it made the investors unaware of the risks that were associated with investing in the securities of a particular entity. Therefore, it is necessary to mention about investment strategy of the business entities in the financial accounts. The replacement of IAS 39 by IFRS 9 is supposed to take place on first of January, 2018 (European Systematic Risk Board, 2017; Deloitte Global Services Limited, 2018). The Australian Accounting Standards Board (AASB) is observed to be cautious about the global financial crisis that took place in the year 2008. It resorted to revise the proposals of accounting standards that were previously maintained by the board. AASB made changes on the reporting of leasing, revenue recognition and insurance that were used by the business entities. It is also observed AASB has followed a proper mechanism to adhere to the standards mentioned by IFRS. It has tracked the amendments made by the IFRS on the aspects of leasing (Australian Accounting Standards Board, 2010). The IFRS 13 standards, which have been adopted by IASB, are applicable to Australia. AASB mentions about the fact that aligning with IFRS 13, it is important to take into account the costs of freight while calculating the value of an asset. Thus, adoption of IFRS 13 can be regarded as an initiative to bring convergence between IASB and AASB (EY, 2012). AASB has also proposed usage of the IFRS 9 perta ining to determination of fair values during the preparation of financial statements. The adoptions of standards, which are prescribed by IFRS, are useful for the analysts and researchers. This is because relevant information gets disclosed in the financial statements (Deloitte Global Services Limited, 2017a; Deloitte Global Services Limited, 2017). Conclusion The above discussion clearly reveals that the global financial crisis, which occurred in the recent year of 2008, was primarily due to the prevalence of fair accounting theory. It reflects the need of considering the value of an asset or liability at the prevailing market price. Thus, problem is that at certain times, the value can be inappropriate due to use of fair value accounting. It is observed that during the global financial crisis, the banks had to face the issue off solvency as assets were valued at low rate by means of fair value theory. The standards IFRS 13 and IFRS 9 provide solution to the issue of financial crisis. References Australian Accounting Standards Board. (2010). Australian accounting standards board, 2010. File, 1-134. Deloitte Global Services Limited. (2017). IFRS 9 financial instruments. Retrieved September 29, 2017, from https://www.iasplus.com/en-us/standards/international/ifrs-en-us/ifrs9 Deloitte Global Services Limited. (2017 a). Research into the impact of IFRS adoption in Australia. Retrieved September 29, 2017, from https://www.iasplus.com/en/news/2016/03/aasb Deloitte Global Services Limited. (2018). IFRS 9 financial instruments. Retrieved September 29, 2017, from https://www.iasplus.com/en-us/standards/international/ifrs-en-us/ifrs9 Deloitte Touche. (2013). Fair value measurement of financial instruments under IFRS 13. IASB, 1-8. European Systematic Risk Board. (2017). Financial stability implications of IFRS 9. Pub, 1-83.(2012). Fair value measurement. Publications, 1-197. Financial Times. (n.d.). Definition of fair value accounting. Retrieved September 29, 2017, from https://lexicon.ft.com/Term?term=fair-value-accounting Laux, C. Leuz, C. (2010). Did fair-value accounting contribute to the financial crisis? The Journal of Economic Perspectives, 24(1), 93-118. PwC. (2017). Practical guide general hedge accounting. Practical Guide, 1-28. Small, C. (2012). The role of accounting in the financial crisis. Retrieved September 29, 2017, from https://corpgov.law.harvard.edu/2012/03/02/the-role-of-accounting-in-the-financial-crisis/ Tabara, N. Rusu, A. (2011). The role of accounting in the global financial crisis. Assumptions and realities. EuroEconomica, 30(3), 1-7. The Economist Newspaper Limited 2017, Alls fair. Retrieved September 29, 2017, from https://www.economist.com/node/12274096