The Hunters Moonsong Chapter Twelve Free Essays

â€Å"Good practice,† Christopher said, stopping next to Matt as he headed out of the locker room. â€Å"You’ve got some great moves, man.† â€Å"Thanks,† Matt said, glancing up from putting on his shoes. We will write a custom essay sample on The Hunters: Moonsong Chapter Twelve or any similar topic only for you Order Now â€Å"You were looking pretty good out there yourself.† He could tel Christopher was going to be a solid team-mate, the kind of guy who did his job and focused on the big picture, working to help the rest of the team. He was a great roommate, too, generous and laid-back. He didn’t even snore. â€Å"Want to skip the dining hal and order a pizza?† Christopher asked. â€Å"This is my night to beat you at Guitar Hero – I can feel it.† Matt laughed. In the couple of weeks they’d been living together, he and Christopher had been working their way through al the Wii games Christopher had brought with him to school. â€Å"Al right, I’l see you back at the room.† Christopher slapped him on the back, grinning widely. After Christopher left, Matt took his time getting his things together, letting the other guys get out of the locker room ahead of him. He felt like walking back to the dorm alone tonight. They were a nice bunch of guys, but he was sore and tired. Between footbal practices and Vitale Society pledge activities, he’d never worked his body quite so hard. It felt good. He felt good. Even the stupidest of the Vitale activities – and some of them were pretty stupid: they’d had to work in teams to build houses out of newspaper the other night – were kind of fun, because he was getting to know some amazing people. Ethan had been right. As a group, the pledges were smart, determined, talented, everything you’d expect. And he was one of them. His classes were interesting, too. Back in high school he’d gotten okay grades but had mostly just done what he had to do to pass. The Civil War, geometry, chemistry, To Kill a Mockingbird: al his schoolwork had sort of blended into the background of his real life of friends and sports. Some of what he was doing at Dalcrest was like that, too, but in most of his classes, he was starting to see connections between things. He was getting the idea that history, language, science, and literature were al parts of the same thing – the way people thought and the stories they told – and it was real y pretty interesting. It was possible, Matt thought, with a self-mocking grin, that he was â€Å"blossoming† in col ege, just like his high school guidance counselor had predicted. It wasn’t ful y dark yet, but it was getting late. Matt sped up, thinking about pizza. There weren’t a lot of people roaming the campus. Matt guessed they were either in the cafeteria or holed up in their rooms, afraid. He wasn’t worried, though. He figured there were a lot more vulnerable targets than a footbal player. A breeze started up, waving the branches of the trees on the quad and wafting the smel of grass to Matt. It stil felt like summer. In the bushes, a few early-evening fireflies blinked on and off. He rol ed his shoulders, enjoying the stretch after a long practice. Up ahead, someone screamed. A guy, Matt thought. The cry cut off suddenly. Before he could even think, Matt was running toward the sound. His heart was pounding, and he tried to force his tired legs to move faster. That was a sound of pure panic, Matt thought. He strained his ears but didn’t hear anything except his own ragged breaths. As he came around the business building, a dark figure that had been bent over something in the grass took off, its long skinny legs flying. It was moving fast, and its face was completely concealed by a hoodie. Matt couldn’t even see if it was a guy or a girl. He angled his own stride to race after the figure in black but came to a sudden halt by the shape in the grass. Not just a shape. For a moment, Matt’s mind refused to process what he was seeing. The red and gold of a footbal jersey. Wet, thick liquid spreading across it. A familiar face. Then everything snapped into focus. He dropped to his knees. â€Å"Christopher, oh no, Christopher.† There was blood everywhere. Matt frantical y felt at Christopher’s chest, trying to figure out where he could put pressure to try to stop the bleeding. Everywhere, everywhere, it’s coming from everywhere. Christopher’s whole body was shaking, and Matt pressed his hands against the soaking footbal jersey to try to hold him stil . Fresh blood ran in thick crimson streams against the brighter red of the jersey’s material. â€Å"Christopher, man, hold on, it’s going to be okay. You’l be okay,† Matt said, and pul ed out his phone to dial 911. His own hands were covered with blood now, and the phone was a slimy mess as he held it to his ear. â€Å"Please,† he said, his voice shaking, â€Å"I’m at Dalcrest Col ege, near the business building. My roommate, someone attacked my roommate. He’s bleeding a lot. He’s not conscious.† The 911 operator started to ask him some questions and Matt tried to focus. Suddenly Christopher opened his eyes, taking a deep gulp of air. â€Å"Christopher,† Matt said, dropping his phone. â€Å"Chris, they’re sending an ambulance, hold on.† The shaking got worse, Christopher’s arms and legs vibrating in a rapid rhythm. His eyes settled on Matt’s face, and his mouth opened. â€Å"Chris,† Matt said, trying to hold him down, trying to be gentle, â€Å"who did this? Who attacked you?† Christopher gasped again, a hoarse gulping sound. Then the shaking stopped, and he was very stil . His eyelids slid down over his eyes. â€Å"Chris, please hold on,† Matt begged. â€Å"They’re coming. They’l help you.† He grabbed at Christopher, shook him a little, but Christopher wasn’t moving, wasn’t breathing. Sirens sounded in the distance, but Matt knew the ambulance was already too late. How to cite The Hunters: Moonsong Chapter Twelve, Essay examples

Frankenstein 72 Essay Example For Students

Frankenstein 72 Essay In agreement that Mary Shellys novel, Frankenstein takes its meaning from tensions surrounding the cultural concerns of human nature, its potentials and limits and forces that go into the making. The following will support this statement and tie traits from the book to todays society. Many lessons are embedded into Mary Shelleys Frankenstein, including how society acts towards the different. The monster fell victim to the judging of a a person by only his or her outer appearance. Whether people like it or not, society summarizes a persons characteristics by his or her physical appearance. Society has set an unbreakable code individuals must follow to be accepted. Those who dont follow the standard are hated by the crowd and banned for the reason of being different. When the monster ventured into a town he had hardly placed foot within the door before the children shrieked, and one of the women fainted . From that moment on he realized that people did not like his appearance and hated him because of it. If villagers didnt run away at the sight of him, then they might have even enjoyed his personality. The monster tried to accomplish this when he encountered the De Lacey family. The monster hoped to gain friendship from the old man and eventually his children. He k new that it could have been possible because the old man was blind, he could not see the monsters repulsive characteristics. But fate was against him and the wretched had barely conversed with the old man before his children returned from their journey and saw a monstrous creature at the feet of their father attempting to do harm to the helpless elder. Felix darted forward, and with supernatural force tore from his father, to whose knees clung Felixs action caused great pain to the monster. He knew that his dream of living with them happily ever after would not happen and with the encounter still fresh in his mind along with his first encounter of humans, he ?declared everlasting war against the species, and more than all, him who had formed the creature and sent him forth to this misery.? The monsters source of hatred toward humans originates from his first experiences with humans. In a way the monster started out with a childlike innocence that was eventually shattered by being constantly rejected by society time after time. His first encounter with humans was when he opened his yellow eyes for the first time and witnessed Victor Frankenstein, his creator, rush out of the laboratory. Would this have happened if society did not consider physical appearance to be important? No. If physical appearance were not important then the creature would have had a chance of being accepted into the community with love and care. But society does believe that physical appearance is important and it does influence the way people act towards each other. Frankenstein should have made him less offending if even he, the creator, could not stand his disgusting appearance. There was a moment however when Frankenstein was moved by the creature. He felt what the duties of a creator towards his creature were and decided that he had to make another creature, a companion for the original. But haunting images of his creation (from the monsters first moment of life) gave him an instinc tive feeling that the monster would do menacing acts with his companion, wreaking twice the havoc! Reoccurring images of painful events originating from a first encounter could fill a person with hate and destruction. We as a society are the ones responsible for the transformation of the once childlike creature into the monster we all know. The public doesnt realize that our society has flaws, and that they must be removed before our primal instincts continue to isolate and hurt the people who are different. With such a large amount of technology among us, some people may wonder why such an advanced civilization still clings on to such primitive ways of categorizing people. Victor Frankenstein, as he huddled in the corner of his room, with only bed sheets to offer a hint of security, plagued himself with questions as to how he could create such a catastrophe. A being of immense proportions, Victors life-long work, stood lingering over Victors bed and the only thought repeating in th e creators mind was how wretched it is .u43f5c1281a95f7869273bc9b13d83931 , .u43f5c1281a95f7869273bc9b13d83931 .postImageUrl , .u43f5c1281a95f7869273bc9b13d83931 .centered-text-area { min-height: 80px; position: relative; } .u43f5c1281a95f7869273bc9b13d83931 , .u43f5c1281a95f7869273bc9b13d83931:hover , .u43f5c1281a95f7869273bc9b13d83931:visited , .u43f5c1281a95f7869273bc9b13d83931:active { border:0!important; } .u43f5c1281a95f7869273bc9b13d83931 .clearfix:after { content: ""; display: table; clear: both; } .u43f5c1281a95f7869273bc9b13d83931 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u43f5c1281a95f7869273bc9b13d83931:active , .u43f5c1281a95f7869273bc9b13d83931:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u43f5c1281a95f7869273bc9b13d83931 .centered-text-area { width: 100%; position: relative ; } .u43f5c1281a95f7869273bc9b13d83931 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u43f5c1281a95f7869273bc9b13d83931 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u43f5c1281a95f7869273bc9b13d83931 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u43f5c1281a95f7869273bc9b13d83931:hover .ctaButton { background-color: #34495E!important; } .u43f5c1281a95f7869273bc9b13d83931 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u43f5c1281a95f7869273bc9b13d83931 .u43f5c1281a95f7869273bc9b13d83931-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u43f5c1281a95f7869273bc9b13d83931:after { content: ""; display: block; clear: both; } READ: Nuclear Power: Cons Analysis Essay His yellow skin scarcely covered the work of muscles and arteries beneath; his hair was of a lustrous black, and flowing; his teeth of pearly whiteness; but these luxuriances only formed a more horrid contrast with his watery eyes, that seemed almost of the same colour as the dun-white sockets in which they were set (P.56)This is the beginning of Victors disclaiming attitude toward his creation and consequently initiates the monsters condemnation to a life devoid of human companionship. At birth, the creature appears to not be either violent or vicious, but unfortunately, the rejection by his creator drives it to a life full of revenge. Rather than focusing this child-like hatred on Victor, the monster hits its creator where it hurts; his loved ones. This originally peaceful monster, now bitter and hateful, resorts to random acts of violence to compensate for its mistreatment. At birth, when the first spark of life shot through the creature, there is an apparent natural love and respect for the creator. Victor, on the other hand, fled in disgust at first sight of the miserable monster which I have created(57)and hoped to never see it again. But like a child, Frankensteins monster returned expecting to be accepted: And his eyes, if eyes they may be called, were fixed on me. His jaws opened, and he muttered some inarticulate sounds, while a grin wrinkled his cheeksone hand was stretched out, seemingly to detain me(57). Despite the initial desertion by its creator the monster is longing for fatherly affection. Victor again flees from the monster and this time it does not return and disappears for almost two years. From this moment on, Frankensteins monster demands retribution for his banishment from civilization. The last appearance from the creature revealed a loving and needy soul. But two years of loneliness and solitude has turned the monster into a depraved wretch, whose delight was in carnage and misery(74) as seen in the murder of William. The creature, in contrast to his initial feelings, has exhibited anger and frustration toward his situation. This beast, like a child, uses the most available means of persuasion to get what it wants. But unlike a little child, who may cry or whine for attention, the massive monster utilizes its unhumanlike force to put the point across: Nothing in human shape could have destroyed that fair child(73). Victor concludes that he himself is nothing but the author of intolerable evils(88) and that he would live in daily fear lest the monster whom I had created should perpetrate some new wickedness(89). Victor, as well as the reader, has a strong intuition that the monster will indeed commit additional monstrosities. William Frankenstein is only the beginn ing. Cursed, cursed creator! Why did I live? Why, in that instant did I not extinguish the spark of existence which you had so wantonly bestowed(132). The monster, now totally rejected by man, has reached the point where life seems hopeless. Despite this, the creature does suggest a remedy for its brooding melancholy; a mate. I am malicious because I am miserableand you my creator should pity me,(140) is the excuse used by the beast and threatens to work at your (Victor) destruction and desolate your heart, so that you shall curse the hour of your birth(141) if Victor did not comply. Conscience overtakes Victor and he refuses to complete the task, knowing full well the monstrous hell that awaits him. This originally peaceful creature, Victors conception, now vows to fully unleash an unholy wrath on the creators life because revenge remains revenge(162). But remember, I shall be with you on your wedding-night(163). These words echo through Victor Frankensteins head, making him uneasy and spiteful towards the beast for being the murderer of my peace(163). But a deeper meaning lies behind this statement by the monster. The creature does in fact appear on Victors wedding night, but he is not the target, Elizabeth his wife is. The monster has administered complete revenge on Victor by eliminating the creators dearest love; lifeless and inanimateher bloodless arms and relaxed form flung by the murderer on its bridal brier(189). This, consequently, is a parallel to the isolation from love bestowed on the monster. Frankensteins creation with its childlike emotions emerged as a tender being with no malice of thought. But the immediate feeling of rejection summoned anger in the beast that eventually wiped all joy out of its creators life. The monster, as birth, wanted nothing more than to be satisfied and loved. Yet, after all revenge had bee n played out, the creature felt a sense of fulfillment in accordance to its creators misery: I am satisfied, miserable wretch! You have determined to live, and I am satisfied(196), and with its revenge complete is soon borne away by the waves and lost in darkness and distance(215). .u1ae2819aa86abe3f0102b77fb7bb6ce8 , .u1ae2819aa86abe3f0102b77fb7bb6ce8 .postImageUrl , .u1ae2819aa86abe3f0102b77fb7bb6ce8 .centered-text-area { min-height: 80px; position: relative; } .u1ae2819aa86abe3f0102b77fb7bb6ce8 , .u1ae2819aa86abe3f0102b77fb7bb6ce8:hover , .u1ae2819aa86abe3f0102b77fb7bb6ce8:visited , .u1ae2819aa86abe3f0102b77fb7bb6ce8:active { border:0!important; } .u1ae2819aa86abe3f0102b77fb7bb6ce8 .clearfix:after { content: ""; display: table; clear: both; } .u1ae2819aa86abe3f0102b77fb7bb6ce8 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u1ae2819aa86abe3f0102b77fb7bb6ce8:active , .u1ae2819aa86abe3f0102b77fb7bb6ce8:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1ae2819aa86abe3f0102b77fb7bb6ce8 .centered-text-area { width: 100%; position: relative ; } .u1ae2819aa86abe3f0102b77fb7bb6ce8 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1ae2819aa86abe3f0102b77fb7bb6ce8 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1ae2819aa86abe3f0102b77fb7bb6ce8 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u1ae2819aa86abe3f0102b77fb7bb6ce8:hover .ctaButton { background-color: #34495E!important; } .u1ae2819aa86abe3f0102b77fb7bb6ce8 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1ae2819aa86abe3f0102b77fb7bb6ce8 .u1ae2819aa86abe3f0102b77fb7bb6ce8-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1ae2819aa86abe3f0102b77fb7bb6ce8:after { content: ""; display: block; clear: both; } READ: The French And Indian War Essay

Impairment of the Assets-Free-Samples for Students- Myassignment

Question: Discuss about the Impairment of Assets. Answer: Introduction: The main idea behind the principle of IAS 36 is the fact that an asset must never be reported at more than its fair value. In case, the carrying value is more than the recoverable amount, then the asset is stated to have been impaired. In such a case, the asset must be reduced to the carrying value of the asset to its recoverable value and then the loss of impairment must be reported in the statement of profit and loss as an impairment loss. This accounting standard applies to certain group of the assets that do not generate the cash inflows individually such as the cash generating units. This standard applies to all of the assets for which the accounting standard states that the same must be impaired. The main exception to this fact is the inventories, deferred tax assets, the assets that derive from the employee benefits, financial assets that come under the scope of IAS 41. Then there are some of the assets that arise from the insurance contracts and the non-current assets that ar e held for sale. The amount that the company would receive when it sells an asset will have to be stated each eyar in the books of account. The fair value is less than the costs to sell which is the arms length sales price less the costs of disposal between the parties that have knowledge of the same (IFRS, 2017). Evidence of impairment testing: The following are some of the indicators that indicate that the asset has to be impaired: Market rate of interest Significant adverse changes in the technology Changes that takes place in the market, economy and also in the laws pertaining to the company in which the company operates Capitalisation is less than the net assets The internal sources include the internal structuring, evidences of the obsolescence or the physical damage to the assets. The assets that have an indefinite life or the ones that have been out to use are required to be tested each year (EY, 2017). Procedure for impairment: The following is the procedure for determining the impairment loss: The first step is concerned with the comparison of the assets carrying amount with the cash flows that have not been discounted which the same is expected to generate. In case, the cash flows that have not been discounted are more than the carrying value, then there is no requirement to recognise the impairment loss but then step 2 is very much necessary. When the undiscounted flows of the cash is higher than the cash flows that have not been discounted, then the step has to be followed. Step 2 is concerned with the measuring of the difference which exists between the carrying amount and the fair value. The fair value in the terms which is defined as the amount that one would receive when an asset has been sold or that would be paid in case the liability is transferred on the transaction date between the various participants of the market as on the date of the measurement. Only one test of impairment is required as per the provisions of the IFRS. If the carrying amount of that asset is more than its recoverable amount, then the excess amount would represent a loss of an impairment. This is the amount that is more than its fair value less the costs pertaining to the disposal of the asset or the value which is in use. For the long lived assets the test of impairment has to be compared. The step 1 of the GAAP testing means the comparison of the carrying value of the asset to its cash flows that the company would accrue in the future and that have been undiscounted. (AICPA store, 2017). Information required: The following is the information which is required: The likelihood of existence of more than 50% of impairment must be considered so as to check the impairment. This is somewhat based on the assessment of the relevant events and the circumstances. The examples of the same include the increase in the costs, fall in the cash flows etc. The fair value of the asset has to be impaired to its carrying amount. This has to be made sure than the goodwill is included and the presence of any significant unrecognised intangible assets has been taken into account. In case the carrying value is much more than the fair value of the unit of reporting, then the impairment loss has to be calculated. The third step is the calculation of the impairment loss. The implied fair value of the goodwill which is connected or which is linked with the units of reporting is compared with the carrying value of the goodwill. In case, the carrying value is more than the implied fair value, then the impairment loss shall be recognised and this would be up to a maximum of the carrying value of the goodwill (Accounting tools, 2017). Flexibility of the management: The management do not have any sort of flexibility since in case, the conditions exist, then the asset has to be impaired (Power tech exposed, 2017). Conclusion: The main idea behind the principle of IAS 36 is the fact that an asset must never be reported at more than its fair value. In case, the carrying value is more than the recoverable amount, then the asset is stated to have been impaired. In such a case, the asset must be reduced to the carrying value of the asset to its recoverable value and then the loss of impairment must be reported in the statement of profit and loss as an impairment loss. This accounting standard applies to certain group of the assets that do not generate the cash inflows individually such as the cash generating units. There are some of the conditions that exist on the basis of which an impairment is said to have taken place. In case the carrying value of the asset is less than the fair value of an asset, then the management has to impair that assets and reduce its carrying value to its fair value the management as such has no flexibility in this regard, they merely have to comply with the requirements of the accounting standards. The judgement has to resort to when it comes to the exercising of the factors that would lead to the impairment of an asset. Though there are some of the conditions that indicates an impairment but the management is duty bound to use its judgement, past experiences, experiences of the similar companies in the same industry References: Aicpastore.com. (2017).Procedural Differences in Impairment Testing. [online] Available at: https://www.aicpastore.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2009/CPA/Mar/InTesting.jsp [Accessed 27 Aug. 2017]. Bragg, S. and Bragg, S. (2017).Goodwill impairment testing. [online] AccountingTools. Available at: https://www.accountingtools.com/articles/goodwill-impairment-testing.html [Accessed 27 Aug. 2017]. Iasplus.com. (2017).IAS 36 Impairment of Assets. [online] Available at: https://www.iasplus.com/en/standards/ias/ias36 [Accessed 27 Aug. 2017]. Ifrs.org. (2017).IFRS. [online] Available at: https://www.ifrs.org/issued-standards/list-of-standards/ias-36-impairment-of-assets/ [Accessed 27 Aug. 2017]. www.ey.com. (2017).Impairment accounting. [online] Available at: https://www.ey.com/Publication/vwLUAssets/Impairment_accounting_the_basics_of_IAS_36_Impairment_of_Assets/$FILE/Impairment_accounting_IAS_36.pdf [Accessed 27 Aug. 2017]. www.powertechexposed.com. (2017).Impairment testing. [online] Available at: https://www.powertechexposed.com/IAS_36_impairment_testing_GL_IFRS.pdf [Accessed 27 Aug. 2017].

International Trade and Supply Chain The Foster Group Example

Abstract One of the effects of globalization is that traditional business processes are now opening up to attain a global nature. Supply chains, production lines and markets are now interlinked through a worldwide network of interdependency.Advertising We will write a custom essay sample on International Trade and Supply Chain: The Foster Group Example specifically for you for only $16.05 $11/page Learn More In fact, it is almost unfathomable that a company seeking to expand its net worth can ignore the global business market entirely without recourse to any of the factors of production, supply and marketing. This research paper particularly looks at the various issues that arise when a company has an international supply chain. It finds that doing business at a global level has various challenges which threaten the smooth flow of trade. The paper analyzes the Foster Group as an example of a company that has a global supply chain with the aim of understa nding the dynamics of international operations. Introduction Nagurney (2006) describes a supply chain as â€Å"a system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer (p.2).† Normally, a supply chain begins from the point of initial transformation of the raw natural resource into a component that is consumable or to a degree where it can be processed to a finished product. However, the supply chain can begin from the end product where the product in question is recyclable. Supply chains are therefore value chains since the product is moved across various stages where value is added as every stage. To build a comprehensive supply chain, there must be effective management of the process. Indeed supply chain management has evolved to become a basic need for any manufacturing company. The entire management process is a concerted effort between suppliers, third parties, intermediaries or middlemen and finally, the customer. It is a complex process that interlinks the business tasks and procedures of a company to become included into a unified business network.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The key role of supply chain management is therefore the logistical activities providing smoother flow of manufacturing operations and the coordination of processes in other business functions such as product design, marketing and research. In a supply chain, the aspects of biological or ecological regulation of natural raw materials form the initial stage. From the extraction to the production and finally the transportation of the end product to the customer, the supply chain will have involved several different companies across various geographical areas. All these companies will have a substantial interest in the product and will in one way or another add value to it . While all the players in the entire chain may not necessarily know each other, each plays a crucial role. Company Profile Foster’s Group is a business venture based in Melbourne, Australia that specializes in brewing, soft drink and wine making. The group is listed as a public limited company in the Australian Securities Exchange though it has businesses across Asia, the Americas, Middle East, Africa and Europe. Currently, the group has a presence in 155 countries around the world employing over 6,000 workers (Foster’s Group Website 2011). Foster’s Limited is popular for making the internationally acclaimed Foster’s Lager and a good number of fine wines such as Rosemount, Penfolds and Lindemans. The original brewing company was founded in 1886 in Melbourne by Ralph and William Foster. The two were Americans who owned a refrigeration plant and since the Australian weather is quite hot, the plant enabled them to establish a brewery which they later sold. The brewery was acquired by Elders IXL, an Australian conglomerate in 1983 while trading as Carlton and United Breweries. Due to the Lager’s popularity, Elders rebranded to Foster’s Group in 1990. Foster’s has recently acquired the successful Australian wine company Southcorp which has helped grow its overall revenues tremendously. The Group has continued to do well and it now plans a de-merger of its wine and beer businesses to form two different companies.Advertising We will write a custom essay sample on International Trade and Supply Chain: The Foster Group Example specifically for you for only $16.05 $11/page Learn More Speculation has also been rife that the group plans to sell off its beer business, to a bigger conglomerate such as Diageo, Heineken, SAB Miller and Molson Coors. This research paper shall focus on the activities of Foster’s Group in Australia. Product profile: Foster’s Lager Foster’s Lager has been a famous international beer brand for quite some time. The amber lager of 5.0% abv is a product of the Foster’s Group based in Melbourne though it is brewed and sold under license elsewhere in the world. In Europe, the product has been quite popular due to good marketing and because it is marketed by Heineken International which is a renowned name in the beer market. The main consumers of Foster’s Lager in Europe have been the U.K, France, Germany, Portugal, Spain, Poland, Sweden, Ireland, Belgium, Greece and Ukraine. SAB Miller owns the rights to Foster’s in India and the U.S and Molson owns brewing rights in Canada. Internationally, the lager has been marketed as an Australian product with Australian accents and stereotypes being used in advertisements. This has been well received with the brand being second to Carling in the UK. However, the brand is no longer as popular in Australia as it previously was mainly due to stiff competition in the industr y and changes in consumer preferences. Nevertheless, its international success especially in Europe has helped to keep the brand alive. This paper shall look into the supply chain processes involved in brewing this product in Australia. Research methodology This research utilized both primary and secondary data collection methods. Most of the data used for the research was secondary data obtained from relevant journals, articles, books, magazines, newspapers and online resources that had information that could assist in the better understanding of supply chains especially in the international context. The data provided several authorities on the processes and functions of supply, procurement and logistics which brought in credibility and knowledge in the writing of this research report.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Parties in the supply chain The supply chain involves various parties due to the need for logistics and identifying the right suppliers. To understand who the parties in supply chain are, we must be familiar with the entire process. First, when the business decides that it needs a particular raw material or resource, its procurement department publishes a tender notice and allows suppliers to make tenders according to the established procurement process. Once tenders are placed, the company will analyze them in terms of quoted price, quantity, experience record and quality of service. The firm then decides the bid it shall accept upon which a contract is signed for the supply of the tendered commodity. In smaller businesses, tendering is not the major procurement method due to the complexities involved. Instead, the firm looks for the supplier they need by conducting their own market research. Once the supplier is identified, logistics have to be put in place to coordinate the movem ent of goods from the supplier to the company. Looking at the above process, it is clear that various parties and professions are needed. First we have the supplier who is the key party in the chain and then there is the buyer who in this case is the company. Other parties are those who offer advisory and support services to ensure that the contract between supplier and supplier is reached. These parties include procurement officers, middlemen, agents, 3rd party logisticians (3PL) and 4th party logisticians (4PL). 3PL are those logisticians who facilitate the movement of the goods from the suppliers’ warehouse to that of the customer (Murray 2005). 4PL are professional logisticians who are hired to oversee the entire logistical process including clearing and forwarding, cargo handling, customs clearing etcetera. However, it is to be noted that the term ‘logistics’ and ‘supply chain’ are not synonymous since the latter is more comprehensive as it incl udes manufacturing and procurement processes in addition to distribution. Role of the supply chain The chief role of the supply chain is to ensure that the customer’s needs are fully satisfied through; the efficient use of available resources, timely and cost-efficient distribution and proper inventory management. To be specific, supply chains look to liaise with suppliers to; reduce bottlenecks that come with supply, avail lowest cost but quality material, provide affordable and efficient transportation, maintain well-located factories and warehouses, optimize logistics to reduce the length of the supply chain and finally to implement timely techniques that improve manufacturing flow. All in all, a good supply chain should provide the customer with the right good and at the right time, location and cost. International supply chain Offshore sourcing and globalization have led to the formation of these so-called international/global supply chains. The opening of borders for tr ade has improved business by allowing consumers to obtain the cheapest and best quality products from any corner of the globe. The drive to reduce cost has actually been the major impetus for the acceptance of globalization and the aggressive manner in which business firms have opted for foreign solutions. However, the only difference between the international supply chain and the local chain is the stretching of interests and the increase of suppliers. Global supply chains involve a wide array of suppliers all offering interesting packages to the customer. However, new opportunities usually come with new challenges that have to be effectively dealt with if the company is to reap the fruits of globalization (Gray 2007). Issues of cost must be well-considered since so many factors come into play such as labour costs, freight costs, exchange rates etcetera. Another issue to be considered is the selection of suppliers through comparison of bids. Again, research is needed here since the lowest price might not necessarily mean the best bargain. The company has to appreciate that selecting suppliers from a global list is complex and must be approached with caution. In addition, the number of international suppliers must be considered since fewer are easier to manage but their come with a bigger risk in case of default. Benefits of logistics While the use of the term â€Å"logistics† in the business sense began in the late 1950s, the increase in globalized supply chains has turned the word into an entirely new business profession (Chen Paulraj 2004). Logisticians are now simplifying what was originally thought to be a complicated process-importation. Currently, businesses do not have to worry about logistics; they just furnish logisticians of what they want, where and when and then they can sit and wait for the professionals to work. Logistics go a long way in completing the supply chain and ensuring that the bureaucracies that arise out of international trad e are handled by experienced personnel (Oliver Webber 1982). Specific details on Foster Group supply chain In the brewing of Foster’s Lager, the company usually requires several raw materials. The making of a lager such as Foster’s requires hops, malted barley and water among other additives. Since the company itself does not engage in farming activities, it has to source these products from suppliers in Australia and often from suppliers abroad. According to former C.E.O Trevor O’Hoy, making a lager usually requires select skills and ingredients that have to be balanced. More often than not, Australia does not have all the ingredients needed though it produces the â€Å"pride of Ringwood hops† that provide that famous taste. Foster’s suppliers are many and each produces some unique ingredient that goes into either the wines or the beers. Most overseas suppliers are from Germany mainly due to the established culture of brewing that has been perfec ted in that country (Daniels 2000). Naturally, Foster’s Group deals with the same suppliers in its supply chain. This is because wines and beers have to be made from very specific ingredients so as to replicate the particular taste and aroma attributed to each product. Challenges Involved in International Trade Operations International trade operations come with various challenges and risks. The reason there are more challenges is that first, there is a larger number of actors to deal with before the goods finally reach the customer. Secondly, there is the lack of sound legal protection that is usually present in the local markets due to the laxity of international law and the huge costs of international litigation. However, most of the challenges are also experienced at the local level. One of the biggest challenges in international operations is the lack of security. Since the law does not provide ample protection and the parties do not meet, the business risks and insecuri ty of trade are too great. Another big problem is that which UPS Chain Supply Solutions (2005) refer to as the â€Å"Tower of Babel problem†. This is the challenge posed by dealing with persons from different cultures who speak different languages. The risk with this is that communication may become a barrier especially where the parties do not understand each other (Lee 1997). Another challenge comes in the sense that to achieve an effective international chain, there must be a concerted effort between parties which may not be easy to achieve (Ayers 2001). Lack of ownership of the supply chain sometimes leads to confusion especially where the supplier and customer have conflicting interests. Finally, we have managerial problems that arise due to non-exposure of the managerial staff to foreign audiences. In its experience, Foster’s has faced several challenges in its supply chain due to its international operations. First, the financial crisis of 2007-2008 hit the comp any had and in fact it recorded a loss due to the poor performance of its wine-making business. The exchange rate of the Australian dollar against other currencies was also quite unfavourable. While Fosters’ suppliers have been quite consistent, the rising costs of raw materials have led the company to discontinue the manufacture of certain brands (Ayers and Odegaard 2007). Recommendations Outsourcing is touted by most professionals as the solution to most of the problems that plague international operations. Instead of incurring huge tariff and shipping costs in a bid to manufacture a product, why should the company not outsource the whole manufacturing process and save overall costs? Outsourcing is the in-thing in modern-day business with entire business functions and processes being outsourced to Asian countries such as India or China where costs of manufacturing are generally low e.g. Foster’s has now outsourced its IT department to Wipro company in India. Another way to beat the challenges that come with global supply chains is to outsource the logistics. Both 3PL and 4PL are great ways to avoid the hustles of international operations. Other ingenious ways of dealing with these challenges may include; hiring of staff with international competency (Ferrer 2003), engaging in meticulous market research, looking for better local solutions first, dealing with the same ‘tested’ suppliers (Fisher 1997), avoiding excess risks where there is no background on a supplier (Steermann 2003) and finally, training staff on the needs of the international market. Conclusion From the above, we can see the issues that come with establishing international supply chains. Foster’s utilizes the global supply chain to obtain raw materials such as malted barley as well as support services such as IT. Just like any other firm, Foster’s has experienced various challenges associated with using a global supply chain such as the financial crisis , which led to increased prices of raw materials globally. However, the benefits of reliance on the global supply chain seem to outweigh the demerits judging from Foster’s success. References Ayers, J.B. (2001) Root Cause – Weak Links. Information Strategy: The Executive’s Journal, 2(1), 42-56. Ayers, J.B. and Odegaard, M.A. (2007) Know the ABCs of Retail Supply Chain Costs. Supply Chain Quarterly, 4(2), 229-243. Chen, I. J. and Paulraj, A. (2004) Towards a theory of supply chain management: the constructs and measurements. Journal of Operations Management, 22(2), 119-150. Daniels, R. (2000) Designing Great Beer. Perth: Brewers Publications. Ferrer, J. (2003) European Supply Chain Management Characteristics and Challenges. ASCET, 5, 26. Fisher, M. L. (1997). What is the right supply chain for your product? Harvard Business Review (March-April 1997), 105-116. Foster’s Group Website (2011) Overview of the Group. Web. Gray, P. (2007) Sister Act: A Makeover. New York: Fortune Small Business. Lee, H. (1997). Information distortion in a Supply Chain: The Bullwhip Effect. Management Science, 43, 4. Murray, M (2005) Selecting a Third Party Logistics (3PL) Provider. Retrieved from:  https://www.thebalancesmb.com/selecting-a-third-party-logistics-3pl-provider-2221230 . Nagurney, A. (2006) Supply Chain Network Economics: Dynamics of Prices, Flows, and Profits. London: Edward Elgar Publishing. Oliver, R.K. and Webber, M.D. (1982) Supply-chain management: logistics catches up with strategy. London: Prentice Hall. Steermann, H (2003) A practical look at CPFR: the Sears – Michelin experience. Supply Chain Management Review, July/ August 2003, 46-53. UPS Supply Chain Solutions (2005) Supply Chain Strategy: The Importance of Aligning Your Strategies. New York: United Parcel Service of America. This essay on International Trade and Supply Chain: The Foster Group Example was written and submitted by user Brianna T. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Overview and History of UNESCO

Overview and History of UNESCO The United Nations Educational Scientific and Cultural Organization (UNESCO) is an agency within the United Nations that is responsible for promoting peace, social justice, human rights and international security through international cooperation on educational, science, and cultural programs. It is based in Paris, France and has over 50 field offices located around the world. Today, UNESCO has five major themes to its programs which include 1) education, 2) natural sciences, 3) social and human sciences, 4) culture, and 5) communication and information. UNESCO is also actively working to achieve the United Nations Millennium Development Goals but it is focused on achieving the goals of significantly reducing extreme poverty in developing countries, developing a program for universal primary education in all countries, eliminating gender inequalities in primary and secondary education, promoting sustainable development and reducing the loss of environmental resources. History of UNESCO When that conference began in 1945 (shortly after the United Nations officially came into existence), there were 44 participating countries whose delegates decided to create an organization that would promote a culture of peace, establish an intellectual and moral solidarity of mankind, and prevent another world war. When the conference ended on November 16, 1945, 37 of the participating countries founded UNESCO with the Constitution of UNESCO. After ratification, the Constitution of UNESCO came into effect on November 4, 1946. The first official General Conference of UNESCO was then held in Paris from November 19-December 10, 1946 with representatives from 30 countries. Since then, UNESCO has grown in significance across the globe and its number of participating member states has grown to 195 (there are 193 members of the United Nations but the Cook Islands and Palestine are also members of UNESCO). UNESCOs Structure Today The Director General is another branch of UNESCO and is the executive head of the organization. Since UNESCOs founding in 1946, there have been 11 Director Generals. The first was the United Kingdoms Julian Huxley who served from 1946-1948. The current Director General is Audrey Azoulay from France. She has been serving since 2017. The final branch of UNESCO is the Secretariat. It is composed of civil servants who are based in UNESCOs Paris headquarters and also in field offices around the world. The Secretariat is responsible for implementing UNESCOs policies, maintaining outside relationships, and strengthening UNESCOs presence and actions worldwide. Themes of UNESCO Natural sciences and the management of Earths resources is another UNESCO field of action. It includes protecting water and water quality, the ocean, and promoting science and engineering technologies to achieve sustainable development in developed and developing countries, resource management and disaster preparedness. Social and human sciences is another UNESCO theme and promotes basic human rights and focuses on global issues like fighting discrimination and racism. Culture is another closely related UNESCO theme that promotes cultural acceptance but also the maintenance of cultural diversity, as well as the protection of cultural heritage. Finally, communication and information is the last UNESCO theme. It includes the free flow of ideas by word and image to build a worldwide community of shared knowledge and empower people through access to information and knowledge about different subject areas. In addition to the five themes, UNESCO also has special themes or fields of action that require a multidisciplinary approach as they do not fit into one distinct theme. Some of these fields include Climate Change, Gender Equality, Languages and Multilingualism, and Education for Sustainable Development. One of UNESCOs most famous special themes is its World Heritage Center which identifies cultural, natural and mixed sites to be protected all over the world in an effort to promote the maintenance of cultural, historic and/or natural heritage in those places for others to see. These include the Pyramids of Giza, Australias Great Barrier Reef and Perus Machu Picchu. To learn more about UNESCO visit its official website at www.unesco.org.

Comparison of the Ideas from Buddhism and the Vedas with Upanishads Essay

Comparison of the Ideas from Buddhism and the Vedas with Upanishads - Essay Example Similar to the Vedas, Buddhism considered the idea of karma, but its interpretation was completely different (Grant, 2009). Buddhism did not see karma as destiny or fate. In turn, in the Vedas, the idea of karma was related to the idea of debt. The Vedas stated that people were born in different social conditions as a result of belonging to different castes (caste of warriors, rulers, servants) or were born of women. Their karma or debt was seen in following the classic patterns of behavior in specific situations. The Buddhist idea of karma was completely different from the Vedic. In Buddhism, karma was regarded as "impulses" that encourage people to do something or think (Grant, 2009). These pulses occurred as a result of previous habitual actions or behaviors. However, since there is no need to follow every impulse, human behavior is not strictly deterministic.Both the Vedas/the Upanishads and Buddhism considered the idea of rebirth, but it was understood in different ways. In the Vedas as well as in the Upanishads, it is atman, or "I" that is permanent, unchanging, and separate from the body and mind (Gunasekara, n.d.). It is always the same, passing from life to life. All of these "I" or Atman are one with the universe, or Brahma. Consequently, the diversity that people see around them is an illusion, since in reality all people are one with the Brahma. Buddhism treated this issue differently because it believed that there was no unchanging "I", or atman. "I" exists.

Dqweek 7 Essay Example | Topics and Well Written Essays - 1000 words

Dqweek 7 - Essay Example to do with how the powers and privileges of society, as well as within the companies themselves, are affected by large organizations . These three, Clegg, Hinings and Greenwood feel that this sociological perspective is required in order that companies can find for themselves the most suitable ways to solve their problems, ways that are both efficient an defective. . Clegg in 2002 ( p 430) drew a parallel with the planning of the Holocaust in World War II. He describes an organization then which worked at optimum efficiency, and achieved its aims effectively, but as far as moral values and ethics were concerned was totally abhorrent. He also stresses that researchers seeking both funding and access to organisations, must focus their research on real problems faced by the businesses concerned. ( page 436) Grey (2010, p 686) and Clegg (2002, 434) point out how between Europe and America there are differences in the way universities operate with Europeans generally being more open to alternative points of view. Grey talks about the ways in which systems of ranking make the positivist/functionalist viewpoint dominant in North American academic circles. He concludes that this ranking system enables the American universities and the academic journals from that part of the world to prevail when it comes to proving the knowledge creation agenda which therefore tends to fit in with their preference for the positivist/functionalist trend. Knowledge creation cannot be allowed to remain as the select domain of an elite group of American scholars and those academic journals which are overly concerned with their own rankings. There are other ways to create knowledge as our DBA programme reveals when it shows how Critical Action Learning when used by scholars who are also practitioners will also generate knowledge. Whether or not it then goes on to publication in a high ranking American journal, it can still be used within our own organisations to