Unit 2 module Assignment Example | Topics and Well Written Essays - 1000 words

Unit 2 module - Assignment Example The opposite is true in the case of unfavorable variance, where the amount set aside in the budget is less than the actual expenses to get met. For this case, the organization will experience budget deficit, and some items in the budget will get forgone or postponed unless borrowing or further funding get undertaken by the firm. c) Some variances are usually nil or zero. This arises from the accurate budget estimation done by the organization. Favorable and unfavorable variances often result from an organization’s lack of the exact projection or rather forecasting on the accrual expense in its various variables, both patient and non-patient revenues. Other also arises from an organization’s failure to give the estimate on the exact value of the expenses, both personal and non-personal, and the income over or under expenses. d) The possible primary cause of favorable variance is the organizations overestimation on the actual price of the particular variable. It can also arise as fall in the future price or cost of the particular variable, such that relatively the budgeted value is higher than the real value. As a result of this, the estimated value exceeds the actual value leading to a positive difference, which, in this case, is the favorable variance. The possible primary cause of unfavorable variance is underestimation of the real future price of the particular variable, for example, net salaries and wages. The other possible cause is the increase in the future price or cost of the particular variable, such that the budgeted value is relatively lesser than the actual value. For these two cases, the amount set aside for the budget ends up getting lower than the real value of the variable, hence a negative difference, which results in unfavorable variances. e) Positive variances are always favorable. This

Despite most currencies being convertible why does countertrade Essay

Despite most currencies being convertible why does countertrade persist, illustrate your answer with examples of different types of countertrade - Essay Example Since its manifestation in East-West trade in the midst of 1970, countertrade has increased and widened geographically to the entire world – the number of dealings actually increasing year-by-year. As well as the worldwide development, the formats of countertrade have also stepped forward to have room for the incompatible financial – despite considering this in mind that all currencies is now being convertible – needs and repayment capabilities of selling groups (Francis, Dick, 1987). Therefore, means of payment have incorporated relocations of varied assets with monetary worth for example the deliverances of substantial products (e.g., utensils, goods); services (transport, building); insolvency of lien equipment (debt paper); and equity contributions (Francis, Dick, 1987). The arrangements of countertrade may serve up periodically; readily available currencies, advertising, or public policy are the major objectives of trading parties and their governments. The custom is virtually always influenced by some form of government study or interference, and is ever more a reality of doing business with agencies that are buying when the noteworthy dollar value national procurements are involved (Francis, Dick, 1987). Countertrading is also eminent as a means of financing in global trade. For those underdeveloped or developing nations that have deficiencies of hard currencies or whose national currencies are not exchangeable to other sorts of foreign country exchange, countertrading offers a solid way of financing imports (Paun, Dorothy A, January 1997, 41 50). By selling their import goods to various corporations in developed nations, developing nations also profit by discovering new export marketplaces. Those dealers in developed nations who are ready to countertrade have established that it heighten their businesses. By being flexible in the sort of currency or payment they are going to be given, corporations that

Reasearch paper Research Example | Topics and Well Written Essays - 2000 words

Reasearch - Research Paper Example Another controversial issue that was facing Hemingway was in regard to his sexual orientation. This is controversial because Hemingway is known to have a deep hatred to the gay people; however, scholars denote that this was with the intention of hiding his sexual orientation. This is because Hemingway is suspected to have been a gay person. It is these types of controversies and issues surrounding the life of Hemingway that could have an impact in negatively affecting his career. This paper examines the controversial manner which Hemingway was able to depict women, and why this could negatively affect his career. Ernest Hemingway is a famous and talented American writer. However, most of his critics do not feel the same. This is because of his writing style, and the various controversies that Mr. Hemingway was able to have. On most occasions, Mr. Hemingway is always compared to famous authors such as William Faulkner and Scott Fitzergerald. However, he has a very different writing style, when it is compared to these famous authors. Furthermore, Mr. Hemingway has made enormous and great contribution to the modern fiction, when he is compared to the above mentioned authors (Boon, 27). However, this assertion is debatable, mainly because he has only a handful of novels and fictions to his name. This is when compared to the above authors, who dedicated most of their lives in writing fiction and novels. Furthermore, he was very particular in regard to his writing (Bloom, 31). He did not just come up with a story, but he analyzed the story carefully, and every sentence, and word, for purposes of e nsuring that the story under consideration would serve its function, and disseminate the intended message. Furthermore, the novels that Hemingway created were following a chronological order. The impact of this order is that the novels were boring, and very typical. For

Human resources management in practice Essay Example | Topics and Well Written Essays - 2000 words

Human resources management in practice - Essay Example Additionally, there are two types of feedback. Action feedback occurs when you can see by the other person's actions whether or not your communication has been understood. For example, when presenting an idea, the person who is receiving the information executes it. Your action feedback is the receiver executing your instruction, or advice. Person feedback, the second type however, can be more difficult. Oftentimes, people do not want to appear to be foolish or unintelligent. Accordingly, they will lie and say "I understand" when indeed they do not. Sir Jones offers an alternative manner of assessment one's understanding. He suggests that speaker ask "What would you do first" Jones outlines communication barriers and how to overcome them in way which is easy to understand. His charges are especially instructive. Jones instructs that there are various types of communication but of import to this lecture, focus is keenly on the nonverbal types of communication. This section is especially interesting because one is rather aware of the nonverbal communications in the social setting but not in the organisational setting. However, by noting the barriers and following Jones' instruction, communication within the organisational construct can be far more successful thus leading to effective leadership. Recruiting people who are wrong for the organisation c... A job vacancy provides the perfect opportunity to consider restructuring, or to reassess the requirements of the job (Pearn and Kandola 1993). A notification of a job vacancy should be clear. It should clearly and accurately set out the duties and responsibilities of the job and should include those items outlined within the article (Couwood 2005). Moreover, there is a detailed outline of suggested items to place in a job posting advertisement. Each of these items allow the employer and employee to come to the table with a clear description of what is expected and what is sought. Required abilities should be expressed in terms of the standards required, not just in terms of the task to be undertaken. The sifting stage can help the organisation by providing feedback on the advertising process and the suitability of the application form. It can also identify people who might be useful elsewhere in the organisation. To avoid any possibility of bias, such sifting should be undertaken by two or more people. If there are too many possible candidates, then they should be weighed up against the desirable qualities specified. Further, if the job involves practical skills, it may be appropriate to test for ability before or at the time of interview. This is generally acceptable for manual and word processing skills, but less useful for clerical and administrative posts. There are various tests that organisations can apply to prospective candidates. Finally, the most common process of recruitment is The most common type of interview used in the selection process is a structured interview with a traditional format. It usually consists of three phases. The introductory phase covers the greeting, small talk, and an overview of which

Management and Gender Essay Example | Topics and Well Written Essays - 3750 words

Management and Gender - Essay Example That the world is critical and reflective in thinking is a matter that is underscored by the many theories which try to explain gender relations. Many theoretical standpoints and postulations abound to divulge on gender relations, by analysing the dynamics of male-female relationships within the auspices of the society. As opposed to the 19th century developments which mainly delved on gender parity at the domestic level, the 1950s opened a new era which was characterised by the quest to have gender equality entrenched even in the corporate sector. This is the case with the UK, the US, the West and the rest of the developed world (Maleta, 2011, 75). The importance of theoretical standpoints that explain gender relations is that they help inculcate understanding on the history, nature and dynamics of gender relations, with the main goal being, providing directly or indirectly, the panacea to the problem of gender imbalance at the workplace, or any other sphere of the human society. Likewise, according to Moore (2012, 620), the need to relook the issue of gender and corporate life is underscored by the fact that in spite of women having been incorporated in the corporate life of developed countries, yet female presence is yet inadequately represented at the managerial level of corporate life. Theoretical Explanation on Gender Imbalance in Management One of the most moving theories on gender is that of Julia Kristeva. Kristeva’s theory has been applicable in the field of semiotics. Kristeva’s theory in explaining gender disparity and relations at the managerial level of the corporate life has a topical theme of abjec tion. Particularly, Kristeva structures subjectivity on abjection of the mother, arguing that a society is constructed just as an individual abjects or excludes his mother as a way of curving out an identity. Kristeva continues that just as individuals, patriarchal cultures exclude the feminine to either come into being, or consolidate its position (Cousineau and Roth, 2012, 430). Beyer (2011, 307) contends that the implication of Kristeva’s postulation is that the inability to perpetuate gender parity in organisational management is not so much occasioned by characteristics inherent in women, as is by unequal sexist relations, structures and policies which have been entrenched by a male-dominated society. This discourse will thus look into the issue of gender and management, in light of Kristeva’s theoretical postulations. Indicators of un/Equal Gender Representation in Management A critical examination of the corporate, entrepreneurial and public sectors shows the in ordinate concentration of men in management. One of the indicators of the gender gap in the British business sector is the stunted rise in

Embedded Journalism and War Reporting Essay Example | Topics and Well Written Essays - 1750 words

Embedded Journalism and War Reporting - Essay Example For example, in the situation of war, reporters may cause harm to the fighting forces by disclosing details regarding their location or by becoming a distraction for the fighting forces. The following paper evaluates the question whether reporters should be embedded alongside fighting forces. Ethics of Journalism and War Reporting The question whether something is ethical or not is gaining more and more popularity these days. With the advent of social media, people have access to so much detail regarding the circumstances of the world. The journalists who are active through social media seem to provide all the minor details to their followers notwithstanding the ethical aspect of such information. The line between what is professional journalism and what is not is getting thinner every day with even the most unnecessary reports being presented to the media consumers. Journalists seem to forget the ethical aspects of journalism when they report about someone’s personal issue. T here are numerous websites that provide real time news and most of those are run by credible organizations with genuine news sources. However, there are certain websites that wrongly use the freedom provided by the internet and they violate the ethical standards associated with the profession of journalism. The main role of the journalists is to provide the true facts and to help build new knowledge through imparting new information. However, there have been certain instances where misreporting has been done due to lack of credible news sources. This has often been observed in the case of war reporting. Due to lack of time and rigid deadlines, journalists usually rely on information provided by the authorities with access to the war zone and in such circumstances, whether the information is accurate cannot be completely assessed. There are a lot of ethical considerations related to war reporting as even the most minor misreporting may create dangerous circumstances. The dilemma asso ciated with this situation is that, if journalists are embedded to the fighting forces, they may give out more information that what is necessary and in such circumstances, violation of ethical considerations may result in harmful circumstances for both the journalists and the fighting forces. One of the most important ethical considerations to take into account while reporting the incidents during war is reporting that is free from any sort of bias. It has been observed that the journalists impart information that is clearly biased. The true facts are kept from the media consumers and they are provided a modified picture of the actual scenario. This is one of the most violated ethical considerations related to war reporting. Such reporting of modified facts can also worsen the situation of war because the opposing forces may be enraged by such acts of the journalists and any chances of compromise will be dimmed. In such a scenario, the integrity of the profession of journalism come s into question. Any acts of bias by the journalists may impact the overall profession of journalism. Therefore the question of ethical considerations takes a very serious turn with regard to war reporting. Journalists need to be sure that the information being imparted is precise and accurate and it does not disclose any confidential information. Journalists must also ensure that the sources from which the information is

Human resources management in practice Essay Example | Topics and Well Written Essays - 2000 words

Human resources management in practice - Essay Example Additionally, there are two types of feedback. Action feedback occurs when you can see by the other person's actions whether or not your communication has been understood. For example, when presenting an idea, the person who is receiving the information executes it. Your action feedback is the receiver executing your instruction, or advice. Person feedback, the second type however, can be more difficult. Oftentimes, people do not want to appear to be foolish or unintelligent. Accordingly, they will lie and say "I understand" when indeed they do not. Sir Jones offers an alternative manner of assessment one's understanding. He suggests that speaker ask "What would you do first" Jones outlines communication barriers and how to overcome them in way which is easy to understand. His charges are especially instructive. Jones instructs that there are various types of communication but of import to this lecture, focus is keenly on the nonverbal types of communication. This section is especially interesting because one is rather aware of the nonverbal communications in the social setting but not in the organisational setting. However, by noting the barriers and following Jones' instruction, communication within the organisational construct can be far more successful thus leading to effective leadership. Recruiting people who are wrong for the organisation c... A job vacancy provides the perfect opportunity to consider restructuring, or to reassess the requirements of the job (Pearn and Kandola 1993). A notification of a job vacancy should be clear. It should clearly and accurately set out the duties and responsibilities of the job and should include those items outlined within the article (Couwood 2005). Moreover, there is a detailed outline of suggested items to place in a job posting advertisement. Each of these items allow the employer and employee to come to the table with a clear description of what is expected and what is sought. Required abilities should be expressed in terms of the standards required, not just in terms of the task to be undertaken. The sifting stage can help the organisation by providing feedback on the advertising process and the suitability of the application form. It can also identify people who might be useful elsewhere in the organisation. To avoid any possibility of bias, such sifting should be undertaken by two or more people. If there are too many possible candidates, then they should be weighed up against the desirable qualities specified. Further, if the job involves practical skills, it may be appropriate to test for ability before or at the time of interview. This is generally acceptable for manual and word processing skills, but less useful for clerical and administrative posts. There are various tests that organisations can apply to prospective candidates. Finally, the most common process of recruitment is The most common type of interview used in the selection process is a structured interview with a traditional format. It usually consists of three phases. The introductory phase covers the greeting, small talk, and an overview of which