Tuesday, August 25, 2020

A Mothers Dream for her Daughter in Amy Tans Two Kinds Essay

A Mother's Dream for her Daughter in Amy Tan's Two Kinds Amy Tan's short story, Two Kinds starts with a concise prologue to one mother's understanding of the American dream. The Chinese mother who lost her family in her local country presently would like to recover some portion of her misfortune through her girl. Those of us who are guardians need what is best for our youngsters. We endeavor to improve our kids' fates. Now and again, when our own fantasies have either been demolished or not understood, we anticipate our fantasies and wishes on our kids. In Two Kinds, Amy Tan recounts such a story through the eyes of a little youngster who at first copies her mom's fantasies at the end of the day defies them. Tan's utilization of a typical subject that most guardians can identify with communicates the disappointments that guardians and youngsters feel when fixation replaces sustaining. In the first place the little youngster, Ni Kan is similarly as energized as her mom about turning into a wonder (528). She envisions herself in various jobs and accepts that once she has accomplished her status as a wonder, her mom and father will revere her and she will become great (528). Ni Kan may feel that she won't be adored totally by her folks on the off chance that she doesn't accomplish the status her mom has set for her. It is normal for any small kid to need to satisfy a parent that has checked out them. Ni Kan feels that her wonder side is stating to her, On the off chance that you don't pick up the pace and get me out of here, I'm vanishing for acceptable (528). This may show that Ni Kan is getting restless about turning into a wonder and she fears that in the event that it doesn't occur soon she will consistently be nothing in her mom's eyes (528). Tan fortifies this inclination in the story... ...aughter. In the story, Ni Kan expressed that, It was sufficient that she had offered it to me and that it had made her vibe pleased, as though it were a trophy I had won back (535). The creator additionally appears to utilize a bit of music to reflect how Ni Kan has felt about the contention with her mom. After the passing of her mom, Ni Kan glances through the music at the piano. She discovers two bits of music inverse each other in the book. The principal piece is Arguing Child and the second is Completely satisfied. These two titles recommend the feelings of Ni Kan as a youngster and her feelings now as a grown-up. These feelings are emblematically united when Ni Kan acknowledges they were two parts of a similar tune (535). Works Cited: Tan, Amy. Two Kinds. Writing, Reading Reacting,Writing. fifth ed. Ed. Laurie G. Kirszner and Stephen R. Mandell. Boston: Heinle, 2004. 527-535.

Saturday, August 22, 2020

Leadership Skills in Implementation of Theory E and Theory O Free Essays

The hypothesis E and the hypothesis O are additionally recognized as the speculations of reform. Hypothesis E:: The guideline of the hypothesis E is efficient qualities or we can say that it is regularly enunciated as speculator esteem, when Dunlop took the administration he was the person who decreased 11000 specialists commonly at the board and working levels he additionally exchange out a few business, later on he present a plan regarding the matter of his own way of thinking as he accepted that financial specialist worth was the specific reason to which a combination should contribute itself and make availability of room for some investor and afterward he make the benefit which was not accomplished before subsequently the top-down is taken as the initiative aptitude for this hypothesis (Beer and Nohria, April 16, 2001). Hypothesis O: Presently on the off chance that we talk about the motivation behind the hypothesis O so it gives us a thought that the reason for this hypothesis is to created abilities, on the off chance that we go inside and out, at that point this hypothesis is about the improvement of the association’s singular potential to place into activity trick just as to pick up information from procedures being used regarding the matter of the productivity of reform finished (T. We will compose a custom paper test on Authority Skills in Implementation of Theory E and Theory O or on the other hand any comparable subject just for you Request Now Kippenberger). It was seen the progressions were made in an association to be progressively fruitful yet they were not the achievement which they have the right to get by doing such a large number of endeavors in an association, after barely any time Champion causes his own way of thinking so as to keep up the progressions which were limb in an association, for doing so Champion upgraded its relationship amidst its amalgamation entirely through pleasing instruments. It was finished by the utilization of the undefined raised interest just as utilizing sociotechnical technique to tidy up the relationship just as management of the whole business capacities, which incorporates the explore just as progress (Springer Netherlands). Thus in the early hours 1990s the combination had completely rebuilt itself in the locale of a commercial center by social affair encompassing substance course of action foreseen to meeting point on purchasers. From that time the taking an interest movement and the thoughtful associating every single of the laborers what's more an augmentation of group of friends are taken as the leadership’s capability for the hypothesis O since it is accepted that champion achieve the accomplishment by giving openness of taking an interest to the entirety of their HR (Beer and Nohria, April 16, 2001). End: It closed that when there are changes purchased in any of the association the best possible administration framework is required to deal with the entirety of the changes, this adjustment in an association happens when they need to make authority among others or for the situation when the association isn't happy with its structure thus they make changes and for settling the issues which may happen because of progress they ask change the board to support them, this article likewise finished up about hypothesis E and hypothesis O, additionally the initiative abilities of this hypothesis, it gives us that for hypothesis E top-down is taken as authority aptitude and for the hypothesis O taking an interest can be taken as authority expertise and the explanation behind execution of these speculations is likewise described. Subsequent to perusing this article the reason for change the board and the usage can become more clear sooner than. The most effective method to refer to Leadership Skills in Implementation of Theory E and Theory O, Essays

Sunday, July 26, 2020

A Fool-Proof Way to Achieve Any Goal - And Thats a Promise

A Fool-Proof Way to Achieve Any Goal - And Thats a Promise The Temptation of Giving Up A friend of mine set out to make croissants for the first time. For those of you unfamiliar with the art of French baking, these pastries require several stages of preparation over 2-3 days. On the second day of his first attempt, when the batter got too thin and sticky, my friend got frustrated and threw the dough into a bread pan instead of finishing the croissant-making process. I protested that he was giving up too soon, but to no avail. He ended up with some cross between biscuits and croissants, and a learning experience for the next attempt. The Art of Perseverance â€" A Lesson from Mouse Tales My tendency is not to give up on almost anything until absolutely all options have been exhausted. Part of that philosophy was hammered into me as a child through multiple readings of the book Mouse Tales, by Arnold Lobel. I did not realize it at the time, but I think I learned some of my most important life lessons from that book. In one story, The Journey, a mouse ventures out in his car on a road trip to his mother’s house. After driving for some time, he encounters a slight problem: The car, sadly, falls apart. But, thankfully, just at the right moment, there is someone selling roller skates at the side of the road. The mouse purchases a pair and rolls and rolls until, guess what? The wheels fall off of the roller skates. As luck would have it, there is a person selling boots at the side of the road! The mouse wears through the soles of the boots, and then through a pair of sneakers, and then, would you believe, though a pair of feet. When his feet get too tired to walk, amazingly enough, there is a person by the side of the road selling feet! The mouse makes it to his mother’s house wearing his brand new pair of feet. Excuses, Excuses Many of us in the mouse’s situation would never have made it to our mother’s house with all these breakdowns. Do any of these laments sound familiar? My car broke down! Now I have to take it to the shop. Sorry mom. I tried! I even tried getting there on roller skates! But everything just keeps falling apart. It wasn’t meant to be. My hands are tied. Bad things are always happening to me. No one is there to help me. I have to do everything alone! I can’t let my mother know that my car is so old and broken down. I don’t have time for this. These excuses keep us from being creative, from keeping our eye on the prize, and from noticing that person who shows up just at the right time to help us. They keep us from prioritizing our relationships. And they have us tossing in the towel long before the game is truly over. The Magic Formula for Achieving Any Goal Setting aside all judgment about how important our mother would feel if we gave up on our journey, what this Mouse Tale has to teach us is something about persistence and perseverance. This mouse was not about to give up no matter what. He understood that his commitment to his goal was beyond any limitation on how he would achieve it. And at every juncture where he could have thrown up his paws and said “I can’t” or “It’s impossible” or “It’s too hard,” he found an alternative and went with it. My friend Seth and I, some time ago, identified a surefire and quite simple way to reliably achieve any goal: “Don’t give up until you achieve it.” You will either achieve that goal or you will die trying. Whether it’s making croissants, getting a new job, or making a visit to mom, the rule always applies. That’s the rule the mouse followed. He reached his goal, he could feel proud of himself, and his mother was very very happy. [By the way, my croissant-making friend did try again. Things did not go perfectly the second time either, but he pressed on until actual croissants, albeit dense ones, came out of the oven. Perhaps the third time will be the charm.]

Friday, May 22, 2020

Since its birth Pakistan has been attached Capitalism in...

Since its birth Pakistan has been attached Capitalism in almost all aspects. From the education point of view it has adopted the capitalist education policy. Pakistan has adopted this from the British Colonial regime. It has adopted the concept of modernity in various institutions like cosmopolitan nationalism, free market, and democratic state etc. This all is the influence of the British which has caused it to be a capitalist state and it has ignored its own traditions, values and customs, which were supposed to be its basis. From the education point of view, today, from the primary level to the university level, it is all influenced by the concept of modernity. This is only deteriorating the new generation because by this type of†¦show more content†¦Secondly, the utilitarianism approach could be applied here because the modern educationists are aiming to work only to maximize their own profit and are not actually concerned to what is the main aim of providing the quality education to the students. We are taking the position of a duty-based concept here, which is basically anti-capitalist. We are taking a stand that there should be the factor of capitalism involved in the education system because that is ruining the true essence of knowledge and education. Prevailing Condition: In Human Development Report Pakistan is ranked at 136th position for having about 49.9% of the literate population. The government education system which has always been corrupt and destroyed by government’s irresponsible behavior about education helps and opens the doors for the modern education system to take place of the local madrasas education system. Then many of the families started to send their children to the modern schooling systems and a trend was made that dignity lies in getting admission in a modern education system. As the madrasas were shutting off and schools took over, so big businessmen and some international groups took advantage of it and found it to be a great business with a lot of profit. Likewise the schools like EBAY, BEACON HOUSE SCHOOLING SYSTEM, andShow MoreRelatedPolitical Situation in Pakistan14875 Words   |  60 PagesSITUATION IN PAKISTAN POLITICAL SITUATION IN PAKISTAN By Zulfiqar Ali Bhutto Reproduced in pdf form by Sani Panhwar Copyright  © www.bhutto.org I Since the birth of Pakistan every government has appealed for national unity. Pakistan has run into crisis after crises, each graver than the preceding and unity has eluded us despite all the fervent appeals made. There must be serious reasons why crises should exist in abundance and not unity. These reasons need to be examined. Our country has been threatenedRead MoreCuases Impact of Rural - Urban Migration from District Swabi to Peshawar14595 Words   |  59 Pagesabstract MIGRATION IS THE MOVEMENT OF HUMAN FROM ONE PLACE TO ANOTHER. THERE ARE TWO TYPES OF MIGRATION. ONE IS EXTERNAL MIGRATION AND OTHER IS INTERNAL MIGRATION. MIGRATION OF PEOPLE FROM RURAL AREA TO URBAN AREA IS INTERNAL MIGRATION. AS A RESEARCHER WE HAVE TRIED TO EVALUATE CAUSES AND IMPACT OF RURAL-URBAN MIGRATION FROM SWABI TO PESHAWAR. THE RESEARCH IS CONDUCTED UNDER THE FOLLOWING OBJECTIVES: (I) TO KNOW ABOUT VARIOUS SOCIO-ECONOMIC CAUSES OF RURAL-URBAN MIGRATION. 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The state’s chief planner, P.C. Mahalanobis, had surrounded himself with Western leftists and Soviet academicians, who reinforced his belief in ‘rigid control by the government over all activities’. The result, saidRead MoreIndian Social Structure and Values Ethics in Business13564 Words   |  55 PagesINDIAN SOCIAL STRUCTURE AND VALUES ETHICS IN BUSINESS : NATURE AND TYPES OF INDIAN SOCIETY : 1) Tribal Society : The tribals are economically, educationally and politically backward as compared to the non-tribals. One scholar has called tribal people â€Å"Backward Hindus†. However there is a sizable number of Tribals who are Christian. The tribes of India before independence were considered animistic by the by religion Census authorities. Distinction was made between those who were Hindu andRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesMichael Adas for the American Historical Association TEMPLE UNIVERSITY PRESS PHILADELPHIA Temple University Press 1601 North Broad Street Philadelphia, Pennsylvania 19122 www.temple.edu/tempress Copyright  © 2010 by Temple University All rights reserved Published 2010 Library of Congress Cataloging-in-Publication Data Essays on twentieth century history / edited by Michael Peter Adas for the American Historical Association. p. cm.—(Critical perspectives on the past) Includes bibliographicalRead MoreBhopal Gas Disaster84210 Words   |  337 Pages Executive Summary On December 3, 1984, toxic poisonous methyl isocyanate gas leaked from Union Carbide India Limited (UCIL s) pesticide plant in Bhopal. The gas leak triggered a disaster that is now widely recognized as the world worst industrial catastrophe. Thousands of people were killed instantly and more than 25,000 people have died of gas-related illnesses, several thousands more maimed for life since. Union Carbide negotiated a settlement with the Indian Government in 1989 for $470 millionRead MoreExploring Corporate Strategy - Case164366 Words   |  658 PagesCASE STUDIES ECS8C_C01.qxd 22/10/2007 11:54 Page 598 ECS8C_C01.qxd 22/10/2007 11:54 Page 599 Guide to using the case studies The main text of this book includes 87 short illustrations and 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extend this linking of theory and practiceRead MoreDeveloping Management Skills404131 Words   |  1617 PagesWeidemann-Book Credits and acknowledgments borrowed from other sources and reproduced, with permission, in this textbook appear on appropriate page within text. Copyright  © 2011, 2007, 2005, 2002, 1998 Pearson Education, Inc., publishing as Prentice Hall, One Lake Street, Upper Saddle River, New Jersey 07458. All rights reserved. Manufactured in the United States of America. This publication is protected by Copyright, and permission should be obtained from the publisher prior to any prohibited reproductionRead MoreLogical Reasoning189930 Words   |  760 PagesCopyright  © 2011-14 by Bradley H. Dowden This book Logical Reasoning by Bradley H. Dowden is licensed under a Creative Commons AttributionNonCommercial-NoDerivs 3.0 Unported License. That is, you are free to share, copy, distribute, store, and transmit all or any part of the work under the following conditions: (1) Attribution You must attribute the work in the manner specified by the author, namely by citing his name, the book title, and the relevant page numbers (but not in any way that suggests that

Friday, May 8, 2020

Internship Report of Accounting - 1891 Words

Internship Report 1. Introduction During April 12th and April 30th, I served as an intern for ZhiqinCertified Public Accountants CO., LTD. Foshan City, ZhiqinCertified Public Accountants Co., Ltd. is officially registered, a certified public accountant firm, in 1990, a period approved by Guangdong Provincial Department of Finance was established in 2000 began operating a limited company, a practicing certificate number is 44060005, assets assessment Certificate No. 440 200 756. Since its establishment, it keeps adhering to the purpose of legal, independent, objective, impartial, rigorous and realistic, enthusiastic service, adhering to the principle of Law as the yardstick to the quality of life, reputation and development,†¦show more content†¦Because I did no business, only to see some information sent by other companies and kept looking at vouchers and account documents. At first, I thought that checking was an easy job and meaningless. Because it was quite dull. Every page was the same. B ut later, I found my idea was wrong. Once, Mr. Ye asked me some questions about my checking papers. I felt embarrassed that I copied the wrong numbers. If I had thought twice, I could have realized the point. Copying mechanically, I lose my mind. Mr. Ye told me that reviewing of accounting documents, first we should have to pay attention to the abstract of the certificate and person in charge of handling acceptance and signature. If necessary, we have to compare and check the handwriting between the principal and person in charge of handling acceptance and signature so that we can found the questionable points. Then to seriously examine if the original invoice, invoice analysis unit is consistent with the contents of claims, invoices, time and get the names, quantity, unit price, the price of payment, etc. Third is to require auditors to have a strong expertise and proficiency in relevant policies and regulations, also need to be patient, careful, professional and full of sensitivit y and judgment so that we can discover, analyze and solve the problem. After having this lesson, I paid more attention to the accounting documents. What’s more, I use the free time to go through a number ofShow MoreRelatedInternship Report of Accounting1906 Words   |  8 PagesInternship Report 1. Introduction During April 12th and April 30th, I served as an intern for ZhiqinCertified Public Accountants CO., LTD. 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Bunn Essay1402 Words   |  6 PagesBunn has held these positions since 1988. BUNN’s product portfolio includes espresso, tea, juice, filtered water and many other specialty beverages. BUNN is currently a global company and they are still growing. I had the opportunity to work as an accounting intern in the BUNN Finance Department this summer. As an intern I performed a list of various tasks throughout the summer. Some of my tasks I will not explain in great detail and I will not disclose any information about the company because BUNNRead MoreEvaluation Of Academic Performance Action Plan1298 Words   |  6 Pagesfor the exams on this particular course to achieve at least a final grade of B. In addition to that, I found that completing the assignments even a month before they were due helped me clear my schedule and allowed me more time to do research on internship opportunities. To determine if I have achieved a significative progress in maintaining a GPA above 3.5, I will join Beta Gamma Sigma on Spring 2017 and remain part of it until I graduate. In addition, I’ll change my studying technique for examsRead MoreInterning As The Financial Analyst At Terma North America Inc.1382 Words   |  6 Pagesanalyst at Terma North America Inc. (Terma) and as the accounting intern at Howard, Moore, and McDuffie (HMM) has been a great learning experience. This summer I have been able to apply theory and participate in real-world scenarios. At the beginning of my internships, I met with my supervisors to create goals that I would strive to achieve by the end of the summer. At Terma, my goal was to prepare and present summary financial status reports to management and customers. 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The objective behind doing this internship was: †¢ To get Canadian Experience being an International Student. †¢ To understand how accounts are maintained in the company and to learn about management practices. †¢ Develop the communication skills and channels. †¢ To get familiar with working style in Canada. †¢ To work and addition involvement in the field in which I want to construct better profession. †¢ enhancingRead MoreMy Goal Of Becoming An Accountant876 Words   |  4 PagesThe beauty of accounting is that there is always a precise and accurate response to every problem. It tells a story that helps companies make accurate decisions. Ever since I took my first accounting class, I knew I wanted to be an accountant. I enjoy working with numbers, reaching exact solutions, and the critical thinking that goes along with it. Since accounting is the basics to any business and organization, it can help launch different opportunities. I chose to be an accountant because of all

Wednesday, May 6, 2020

Complying with International Accounting Standards Free Essays

Title: Contrast and compare the method and footing upon which Nike Corporation studies on foreign currency deductions in footings of IAS 21 and all other relevant IAS IFAS ordinances. In the event if the company reports harmonizing to international criterions, discourse the deductions in relation to the criterions applied in the Home state of the corporation. Introduction Globally, there are figure of accounting criterions, most of all, two primary accounting criterions are International Accounting Standards implemented by the International Accounting Standards Board ( IASB ) and the Generally Accepted Accounting Practice of the USA, which is implemented by the Financial Accounting Standards Board ( FASB ) . We will write a custom essay sample on Complying with International Accounting Standards or any similar topic only for you Order Now Accounting Standards are set of accounting regulations that govern the manner in how the histories ( fiscal statements ) of a corporation is displayed At an international degree, it is the duty of The International Federation of Accountants ( IFAC ) to regulate accounting organic structures in regard of conformity with accounting criterions. The aim of the federation is to â€Å"develop and heighten world-wide accounting profession with consonant standards†1 and integrated coordination within the profession. Where a concern has an international dimension, it must adhere and follow with the international accounting criterions. In add-on, conformity with IAS will help international concerns and international investors to interpret the relevant accounting information of the internationally trading concern. For illustration, to contrast a Gallic company with an Australian company it is needed for each company to expose their accounting information in an suitably comparable method. DEFINITION OF IAS IAS include a figure of criterions, each criterions trades with assorted accounting issues associating to foreign minutess and other minutess that do non hold a domestic component and therefore necessitate to be regulated at an international degree. International Accounting Standard 21 is used for the prescription of the standard signifier of including foreign currency minutess and foreign operations in the company’s fiscal statement. Additionally, it prescribes the interlingual rendition of fiscal statements into a presentation currency. The troubles underscoring this rule are finding the employment of an exchange rate and the describing the effects of alterations in exchange rates in the fiscal statements. Following are some of the cardinal accounting nomenclature used under IAS 21.8: Functional currency/measurement currencyis the currency of the primary economic environment in the legal residence of company’s operation. Presentation currency is the currency in which fiscal statements are presented. Exchange difference is the difference ensuing from a transition of certain units of a one currency into another currency at a different exchange rate. Foreign operation relates to the activities that are based in another state other than the coverage endeavor this include a subordinate of the parent company, associate, joint venture or a subdivision. The measuring and presentation of fiscal statements under IAS 21 was superseded by IAS 21 ( revised 2003 ) ; this alteration is the effect of the effects of alterations in Foreign Exchange Rates. This was effectual on one-year fiscal periods get downing on or after 1stJanuary 2005. ISA 17 requires that revenue enhancement related issues must be compiled in fiscal histories in conformity with the IAS by exposing assets taken on rentals on the balance sheet 2. Under IAS 29.39 ( B ) and 40 corporations are under duty to place the use of methodological analysis in using IAS 29 as a revelation policy of the accounting criterions 3. ISA 39 is used for the measurement and valuing assets and fiscal liabilities that in foreign currency. ISA 21 concerns the exchange rates in change overing foreign currency fiscal assets and liabilities into national currency by utilizing the end-month exchange currency rate 4. APPLICABILITY OF IAS International Accounting Standards are set of elaborate list of regulations prepared for comptrollers and companies for the conformity in the production of accounting statements. International Accounting Standards Board ( IASB ) under ( SIC 30.7-14 ) permits some endeavors in other states in a hyperinflationary environment like the USA to utilize USA dollar other than utilizing the measurement currency. In the event that a corporation applies this allowance, the corporation must guarantee that impacts of hyperinflation are suitably addressed ( ISA 21.36 ) 5. However, must follow the right process by repeating the local-currency IFRS fiscal statements to the mensurating unit current at the balance sheet day of the month [ IAS29.7-8 ] [ SIC-19.5-9 ] , so, utilizing the year-end exchange rate, to interpret the fiscal statements into the stable currency for all periods presented. SIC 19 articulated that the commissariats for fiscal information must be utile to reflect the pecuniary kernel of the cardinal events and fortunes that are relevant to that company. Furthermore, the use of currency to mensurate points in the fiscal statement must be tailored to supply information sing the company. The measuring of foreign currency points must be treated as foreign currency in the fiscal statement and the construing of fiscal statement. Inevitably, there are no commissariats under the International Accounting Standard 19 for corporation to randomly take to accommodate steps for the turning away of repeating fiscal statements that are treated in the currency of a â€Å"hyperinflationary economy† . Hyperinflationary economic system has the undermentioned component: the accretion of non-economical assets in a stable foreign currency ; the look of well stable foreign currency is known as a financial sum, these being capital goods, rewards and rent. Price index interconnects to pricing, pay of workers and the involvement rates. Under IAS 29.3 ( a ) ( vitamin E ) the cumulative rising prices rate over three old ages will near or transcend 100 % . Finally, the pricing of recognition gross revenues are measured in a manner that compensates for the awaited loss of dickering power during the recognition period. As an illustration, lets assume that a British company as a step of its points in the fiscal statement uses the British lb as an appropriate currency under the IAS 21. In add-on, the company restates the same fiscal statements under the rule of IAS 29, which the fortunes indicate that the British lb is the currency of â€Å"hyperinflationary economy† . On the contrary, the company is non precluded from change overing the fiscal statements to be presented in Gallic francs. AMERICAN STANDARDS The Generally Accepted Accounting Practice ( USA ) is the accounting criterions that are used with the United States of America to regulate USA corporations. These criterions are distinctively different from IAS as â€Å"U.S. accounting criterions have become â€Å"rules-based, † filled with specific inside informations in an effort to turn to as many possible eventualities as possible†6. Subsequent to the execution of the Sarbanes-Oxley Act of 2002 in an effort to turn to the job, required the SEC to analyze the practicableness of a principles-based accounting system. It was concluded that, feasibleness of a principles-based attack could reflect minutess at a true economic substance 7. Within the USA legal power there is a local monopoly for the authorship of fiscal coverage criterions for public companies. The statutory authorization over fiscal coverage criterions is vested in the Securities Exchange Commission ( SEC ) and the authorship criterions are delegated to the Financial Accounting Standards Board ( FASB ) . Most USA based corporation use the Generally Accepted Accounting Practice. In the initial contemplation of criterions, GAAP is principles-based systems that pose troubles, which tend to originate when specific criterions come up for consideration. However, non-adoption of cosmopolitan criterions of accounting have caused great troubles to build the cost and benefits of typical and consonant fiscal coverage to get at efficient solutions. In add-on, this has created farther jobs for users of fiscal information because of the complexness in understanding the fiscal statements of abroad corporations. However, there is concrete grounds that figure of states use the USA accounting criterions as a benchmark to manner criterions appropriate for their ain economic system. It is articulated that the Accounting Standards Board ( IASB ) , the FASB and the SEC are the best patterns in the universe. This is the ground environing USA determination non to accommodate cosmopolitan accounting criterions. In add-on, U.S. permits companies to accommodate to looser By and large Accepted Accounting Principles. In the contrary, the president of the SEC and the FASB and IASB have reached a consensus in 2002 on working together toward a greater convergence between U.S. Generally Accepted Accounting Principles and international accounting criterions. International Standard International Accounting Standards are used in fixing fiscal studies. It was the Lisbon Council of European Union ( EU ) to advance a sole, lasting and liquid fiscal market by the version and enforcement of a individual and united set of fiscal coverage criterions. The intent of the ISA was to set up and continue quality criterions for all individuals who used such fiscal information. The acknowledgment of the heightening globalization made tremendous demands for a better and higher quality international accounting criterions. The European Commission favoured the proposals for IAS and challenged the SEC determination to disapprove the use of ISA in the USA markets. SEC concerns over the possible acceptance of ISA was in regard of the jobs that may originate by the non-correspondence of histories between different corporations may put some companies at a disadvantage with their opposite numbers. CONFLICTING Practices In June 2001, the displaying of trade names and other rational belongings on the balance sheet of USA based corporations was titivated under the USA GAAP ( Generally Accepted Accounting Practice ) . This was the consequence of a proficient differentiation in accounting policies of USA GAAP and IFRS ; the differentiations were in relation to the amortization of good will, negative good will and hedge accounting 8. Although, the overruling benefit of using IFRS is comparable to USA based corporations. Once, the users of accounting information such as investors, stockholders and other corporation faced intensive troubles in trying to construe and understand histories of abroad companies due to the use of diverse pecuniary linguistic communication. But the current accounting policies of IFRS purposes to turn to and help in the determination doing procedure of those who are effected by accounting policies and possible investors. Huge figure of corporation are faced with figure of trouble in regard of taking the right signifier of accounting criterion. Predominantly, big figure of USA companies, autumn into this class ; the ground behind this being that USA has its accounting criterions that are non parallel with the international accounting criterions. This conflicting factor between the two accounting patterns render it incompatible for USA companies like Nike to do commissariats taking to follow with both accounting patterns. However, in accounting pattern this is impracticable and impracticable unless an endeavor compiles two sets of histories that comply with both patterns. To turn to this conflicting domination on many investors and others likewise, USA committee is coming to footings with accepting the demand for high quality fiscal coverage model. As the turning insensitiveness in globalization of companies and for the protection of the activities and involvement of investors, loaners and companies, the Commission is heightening its engagement in a figure of forums to set up a universally accepted fiscal coverage model 9. However, the SEC’s supervising and disposal for the equity of fiscal studies submitted by corporations will go on under the competitory government. At present, non much revelation on societal and environmental issues is required of US companies in contrast to demands emerging in Europe and elsewhere around the universe. However, a former legal research in 1999 by Williams suggested that the SEC coherently has the authorization to necessitate such revelations. The job being that insufficient action has been taken to implement a authorization for societal and environmental revelations by companies in the USA. US companies are neglecting to describe on environmental and societal tendencies and events that possess material impact. Consequent to the findings of a research on non-compliance with revelation regulations ; Sarbanes-Oxley attempted to better the rightness of fiscal studies and ethical criterions of companies † 10. Problems exist in this country because of â€Å"t oo many different criterions, increasing costs of coverage, fright because of Kasky v. Nike, inquiries about materiality, and the fact that confirmation procedures are immature†11. NIKE CORPORATION Nike is one of the top athleticss retails in the universe ; the company’s aim is to make concern with contrast mills that persistently illustrate conformity with Nike’s criterions and that operates in a lawful mode. Nike is the lone company that has created its ain criterions, programmes and activities to place reference and study issues of conformity in contract mills to assist find development. Presently, there are no industry-accepted indexs for mensurating Next’s public presentation. Neither there are any standard coverage conditions in regard of contract mills, which can be by and large accepted. However, Nike has its ain creative activity of mensurating its ain criterions, programmes and activities to place reference and study issues of conformity in contract mills. The concerns over whether Following Corporation complies with any accounting criterions is an unreciprocated inquiry. Another cause of concern is that â€Å"the hearers besides use questionable research methods, of which Nike merely makes the consequences public that do non harm its reputation†12. Over the old ages Nike had been capable to case in relation to its legal duty over the conformity of its providers with local labor Torahs and the accounting patterns that were used to immune its repute. These sorts of allegations will necessarily form on the heads of consumers. Then the â€Å"Nike ‘s success, like that of so many modern companies, is all about keeping trade name values and the value of the brand†13. Fortunately, engineering is at manus to assist companies pull off this hard undertaking. Clearly, unless staff have the necessary preparation and accomplishment non merely to execute their responsibilities aptly but besides in conformity with the company ‘s ethical and concern criterions, good administration and conformity will non be achieved. That applies merely every bit much to providers as it does to the primary trade name proprietor – and it goes right to the bosom of good corporate administration 14. In 2003, Nike adopted the Financial Accounting Standards Board Statement 142 for the appraisal of its Goodwill and other touchable assets 15. In relation to the revelation of sections of an endeavor and related information, Nike has adopted Statement of Financial Accounting Standard No131 ( 16 ) . However, far from over these steps are merely in conformity with the USA GAAP and non with the IAS. NIKE’S Accounting Policy Harmonizing to the accommodations on the fiscal statements of Nike, there were accommodations associating to the transition and interlingual rendition of foreign functional currencies into USA Dollars. This is reflected by the inclusion of the accommodations of foreign currency interlingual renditions and a constituent of accretion of the comprehensive income/losses in shareholders’ equity. It is apparent from Nike’s histories, that the coevals of transactional income and losingss as an effectual facet of accounting of foreign exchange on the recording of assets and liabilities of the company is denominated in a typical currency other than the currency that is applicable for the company are recorded in other disbursals. However, the inside informations of these generational minutess are non recorded in the period of their happening. However, under IAS 29, 26 and 30 it is required to describe the consequence of hyperinflation, which must be restated in footings of the mensurating unit current at the balance sheet day of the month. That the historical cost income statement by and large recognises grosss and disbursals at monetary values current at the dealing day of the month. Nonetheless, IAS provide a degree of flexibleness in following different accounting standards17. Already, Nike was capable to figure of cases because of its falsified information on its histories ensuing from the intervention of labour workers around the universe. The legal proceedings in June 2003 involved allegations that Nike made â€Å"false statements in public dealingss materials† 18. The troubles underscoring for Nike in the adoptability and conformity with a chosen set of accounting criterions is that Nike has operations in the USA as its legal residence of abode ; therefore, Nike is required to adhere to USA GAAP. In other words, the obstruction caused by conformity with USA GAAP means that Nike can non pick to roll up its fiscal studies in conformity with the IAS. Nike represents fiscal statements in USA dollars instead than the measurement currency but it guarantee that the impact of hyperinflation under ISA 21.36 is adequately dealt with in the fiscal statements. This enables Nike to do conformity steps for GAAP and IAS 21. Supervision OF COMPLIANCE WITH ACCOUNTING STANDARDS In the USA, it is the duty of the SEC to oversee corporations on their conformity of the accounting criterions. In the event of unjust coverage, the SEC will go on to raise inquiries with the corporations and their hearers. A corporation will be capable to disciplinary action in the event of a failure to follow with the altered coverage or auditing triggered by the unfairness in describing. In the event of relentless unfairness and non-compliance regardless of the conformity of studies to the adapted set of fiscal criterions, the SEC ( regulator ) will bespeak the incorporators of the accounting criterions to undertake the quandary. Disciplinary action against USA hearers are functioned and segmented among the authorities and self-regulatory administrations both at federal and province degrees. Where a USA corporation adapts International Accounting Standards, SEC has the authorization to necessitate that corporation to obtain an accounting study audited by the hearers who are capable to a regulative government that is acceptable to the SEC. However, if a corporation failed to follow with accounting criterions and have produced deceitful histories misdirecting investors and other history users so the corporation’s comptrollers are capable to condemnable liability. The treatments in 2004 over the Parmalat dirt due to non-compliance with accounting criterions made Accounting Bodies realise that â€Å"fraud knows no national boundaries† Donaldson. Furthermore, he added â€Å"the lesson from Parmalat is a lesson for the demand of cooperation between United States and regulators around the universe that is precisely what we are naming for now† 19. Decision Despite of troubles arise by figure of typical accounting criterions, there are besides advantages behind the devilling frame ; the handiness of different accounting criterions has made gradual and steady betterments in the efficiency of corporate administration and in the apprehension and construing of company histories. However, on the other terminal of the spectrum, there were and presently are underscoring troubles in the use of different accounting criterions. First, there are issues that are cause for concern particularly the issue of retreating corporations to taking to follow accounting criterions from a wide scope of picks instead than modulating on the domestic pattern of accounting criterions and curtailing the adoptability of other criterions. There are typical differences between the accounting criterions at an international degree and USA degree, this renders it intensive for most international companies that wish to hold operation or those that already have operations and those corporation that intend to raise financess in the USA capital market as they are required to adhere to the USA GAAP. This same quandary includes Nike Corporation as it has USA operations. 1Fiscal Reporting Alexander D and Britton A 2002 6Thursdayedt p159 2hypertext transfer protocol: //www.newagebd.com/2005/jan/27/busi.html 3hypertext transfer protocol: //www.pwcglobal.com/Extweb/service.nsf/0/5A7896B9AA1585B785256C76005A20C0? opendocument # nine 4hypertext transfer protocol: //forum.europa.eu.int/irc/dsis/accstat/info/data/en/IAS and ESA95.htm 5hypertext transfer protocol: //www.pwcglobal.com/Extweb/service.nsf/0/5A7896B9AA1585B785256C76005A20C0? opendocument 6hypertext transfer protocol: //www.nysscpa.org/cpajournal/2004/804/essentials/p34.htm 7hypertext transfer protocol: //www.sec.gov/news/studies/soxoffbalancerpt.pdf 8hypertext transfer protocol: //www.bcccc.net/index.cfm? fuseaction=Page.viewPage A ; pageId=1172 A ; nodeID=3 A ; parentID=1170 A ; grandparentID=885 9hypertext transfer protocol: //www.nysscpa.org/cpajournal/2004/804/essentials/p34.htm 10hypertext transfer protocol: //www.bcccc.net/index.cfm? fuseaction=Page.viewPage A ; pageId=1172 A ; nodeID=3 A ; parentID=1170 A ; grandparentID=885 11Williams, Cynthia A. 1999. The Securities and Exchange Commission and Corporate Social Transparency. Harvard Law Review, 1197, 1998-1999, 112: 1197-1298. 12hypertext transfer protocol: //forum.europa.eu.int/irc/dsis/accstat/info/data/en/IAS and ESA95.htm 13hypertext transfer protocol: //www.atkisson.com/wavefront/wavefront03.html 14hypertext transfer protocol: //www.cleanclothes.org/companies/nikecase.htm 15hypertext transfer protocol: //www.prnewswire.co.uk/cgi/news/release? id=125570 16hypertext transfer protocol: //biz.yahoo.com/e/050406/nke10-q.html 17hypertext transfer protocol: //forum.europa.eu.int/irc/dsis/accstat/info/data/en/IAS and ESA95.htm 18hypertext transfer protocol: //www.citizenworks.org/news/index.php? id=119 19Meeting in Brussels 2004 Bibliography TEXT BOOK Fiscal Reporting Alexander D and Britton A 2002 6Thursdayedt Financial Times Prentice Hall Williams, Cynthia A. 1999. The Securities and Exchange Commission and Corporate Social Transparency. Harvard Law Review, 1197, 1998-1999, 112: 1197-1298. Web sites hypertext transfer protocol: //www.newagebd.com/2005/jan/27/busi.html hypertext transfer protocol: //www.pwcglobal.com/Extweb/service.nsf/0/5A7896B9AA1585B785256C76005A20C0? opendocument # nine hypertext transfer protocol: //forum.europa.eu.int/irc/dsis/accstat/info/data/en/IAS and ESA95.htm hypertext transfer protocol: //www.pwcglobal.com/Extweb/service.nsf/0/5A7896B9AA1585B785256C76005A20C0? opendocument hypertext transfer protocol: //www.sec.gov/news/studies/soxoffbalancerpt.pdf hypertext transfer protocol: //www.bcccc.net/index.cfm? fuseaction=Page.viewPage A ; pageId=1172 A ; nodeID=3 A ; parentID=1170 A ; grandparentID=885 hypertext transfer protocol: //www.nysscpa.org/cpajournal/2004/804/essentials/p34.htm hypertext transfer protocol: //forum.europa.eu.int/irc/dsis/accstat/info/data/en/IAS and ESA95.htm hypertext transfer protocol: //www.atkisson.com/wavefront/wavefront03.html hypertext transfer protocol: //www.cleanclothes.org/companies/nikecase.htm hypertext transfer protocol: //www.prnewswire.co.uk/cgi/news/release? id=125570 hypertext transfer protocol: //biz.yahoo.com/e/050406/nke10-q.html hypertext transfer protocol: //www.citizenworks.org/news/index.php? id=119 Meeting in Brussels 2004 How to cite Complying with International Accounting Standards, Essay examples

Tuesday, April 28, 2020

What Are WordPress Post Formats and Why They Dont Matter

Confused by what WordPress post formats are and whether or not you actually need to care about them?WordPress post formats are kind of like a premade template that you can apply to a blog post to give it a different layout/look on the front-end of your site.In this article, we’ll dig deeper into what WordPress post formats are and how they differ from other common features of the platform. Then, well share some thoughts on why post formats are often not that helpful, and why most WordPress users dont actually bother with post formats. older WordPress Classic editor:And heres what it looks like in the new Gutenberg block editor. Instead of a list of radio boxes, you get a drop-down in the  Status Visibility widget:There are a number of options here, with Standard being the default. Each one of these choices is a different WordPress post format, a feature that’s been included in WordPress since Version 3.1.The question is, what do WordPress post formats do? In a nutshe ll, the format that you select tells your theme how to lay out your blog post, which lets you customize your posts appearance. The Standard option is kind of like your themes default blog post look, while the other formats let you switch things up.For example, the  Audio post format might add an audio player at the top of your post, which is helpful if youre writing about music or something similar.So what do these various post formats look like?Well, theres no single answer here because the formatting of the other options depends on your theme, since developers can design what each post format will look like. In fact, some WordPress themes dont support all the available post formats, which means you might see fewer choices in the list.What do the different WordPress post formats do?For the most part, a WordPress post format results in surprisingly little change to the appearance of a given post. In fact, the majority of themes no longer bother with post formats. This means even i f you choose something other than the default option, your post might look exactly the same as it would have otherwise.The themes that do  still use post formats still tend to keep things simple. For example, here’s what a Standard post looks like in the Hueman blogging theme:If you were to change the WordPress post format to Quote, youd see a simple image adding some quotation marks to the post:The Status post type, on the other hand, increases the font size and removes the post title:This is a pretty representative example of what you’ll find if you try experimenting with post formats on your own site.What is the difference between WordPress post formats and post types?One of the reasons the concept of a post format can be confusing is because it sounds a lot like a ‘post type’. However, it’s important to understand that these are two entirely different features.The term post type is a bit of a misnomer – it’s actually a broad term for the various kinds of content on your site. The two main post types are Post (capital P)  and Page. As you probably know, WordPress handles and displays these very differently.Many themes and plugins will add new post types to your site in order to help you create certain kinds of content more easily. For example, the WooCommerce eCommerce plugin adds a new Products post type that helps you add and manage products at your store:You can even create your own custom post types  if you like.Overall, post types are a central WordPress feature, and one you’ll want to become very familiar with.On the other hand, post formats only apply to actual WordPress posts and are a lot less flexible. This leads us to our final questionShould you use WordPress post formats on your site?Ultimately, in the vast majority of circumstances, there’s little point in changing your WordPress post format to anything other than Standard. There are a number of reasons for this:Most modern th emes don’t bother with post formats. This means you won’t be able to use post formats at all, unless you want to do some custom coding.Themes including formatting for different types of posts generally don’t put much time or effort into this aspect of their design. Therefore, picking a different WordPress post format isnt likely to result in a significantly different look.There are now much better ways to customize the appearance of your WordPress posts if you do want them to look distinct. You can add custom HTML, use a page builder tool, or create a child theme – just to name a few options.If you want to experiment with post formats in your chosen theme, it won’t negatively impact your site in any way – so go ahead! However, it’s a largely obsolete feature at this point, which means there’s no reason to go out of your way to use it (or even  search for a theme that supports it).Additionally, remember that if you do change W ordPress themes in the future, your new theme may or may not support post formats, so that could cause problems when it comes to the formatting of your sites older content.ConclusionThe WordPress software evolves slowly, which means some features stick around even after they’re no longer very relevant or useful. Knowing what functionality matters and what can be safely ignored is part of becoming a savvy WordPress user.The most important thing to understand about post formats is that they’re different from post types. The latter term refers to distinct kinds of content on your site – such as Pages, Posts, and Products – while the former refers to special formatting used to distinguish various types of blog posts. As most themes no longer include special coding for this feature, you’ll be perfectly fine leaving every WordPress post format set to the default option.Do you have any questions about post formats, or any other WordPress terms you’ ve run across? Ask away in the comments section below! What are #WordPress post formats? Spoiler alert: nothing important 🠤 ·Ã¢â‚¬ Ã¢â„¢â€šÃ¯ ¸ 

Thursday, March 19, 2020

Portmanteau Words

Portmanteau Words Portmanteau Words Portmanteau Words By Simon Kewin The English language is constantly evolving. The meanings of words drift or even change completely. Sometimes words stop being used altogether and they die out. But at the same time new words are constantly being added.   These new words – neologisms – can be a source of some irritation to traditionalists, especially when there is already a perfectly good word that could have been used. But when neologisms work, when they fulfill a need, they can add greatly to the richness and diversity of the language.   A particular sort of new word are those formed when two existing words are merged to form a new one whose meaning, combines that of the two root words. These are called â€Å"portmanteau† words.   The word â€Å"portmanteau† originally meant a sort of large traveling bag. The writer Lewis Carroll, author of Alice’s Adventures in Wonderland etc., was the first to use it to refer to a merged word. Carroll employed quite a few portmanteaux himself. The poem Jabberwocky, for example, contains the word â€Å"chortled†, probably created by combining â€Å"chuckle† and â€Å"snorted†. Similarly â€Å"mimsy† is generally taken as a mixture of â€Å"miserable† and â€Å"flimsy†. Both of these new words are now in the dictionary. For example, the OED defines chortle like this :  Ã¢â‚¬ ¨Ã‚   chortle:   verb laugh in a breathy, gleeful way.  noun a breathy, gleeful laugh.  ORIGIN coined by Lewis Carroll in Through the Looking Glass; probably a blend of CHUCKLE and SNORT. It’s likely that most people who use â€Å"chortle† are unaware it was a word made up in the 1870s.   There are now very many portmanteau words that have become accepted as valid in their own right : â€Å"smog†, â€Å"brunch†, â€Å"infotainment†, â€Å"dumbfound†, â€Å"fanzine†, â€Å"genome†, â€Å"sitcom† and so forth. They key point is that the meaning of the new word is mid-way between the two original words in some way.    Some portmanteaux are less successful. For example, it’s quite common to hear people using the ugly jargon-word â€Å"guesstimate† (or â€Å"guestimate†). This word, clearly, is a mixture of â€Å"guess† and â€Å"estimate†. But all-too often it is employed when â€Å"guess† or â€Å"estimate† would be perfectly clear and accurate.   So should writers feel free to just invent new words? Clearly many have done in the past. Shakespeare, for example, coined a variety of new usages. Perhaps the best advice would be to stick to existing words where they work as this helps keep your writing clear. At the same time, be aware that coining a new word is a possibility. In part it depends on what you are writing. It’s very common, for example, for reporters discussing some new scandal to form a portmanteau with the –gate suffix (i.e. as a reference to Watergate). Thus there is â€Å"Irangate†, â€Å"spygate†, â€Å"climategate† and so forth. A reader seeing one of these new words will instantly be able to grasp its meaning without its needing to be explained. If readers can’t make such an interpretation, however, they won’t know for sure what you intended by the word and your writing will suffer. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:12 Greek Words You Should Know20 Rules About Subject-Verb AgreementMay Have vs. Might Have

Tuesday, March 3, 2020

Hang, Hung, Hanged

Hang, Hung, Hanged Hang, Hung, Hanged Hang, Hung, Hanged By Sharon Hang derives from Old English and means to be attached from above without support below. This is one of the core meanings, as shown in the sentence: The picture hangs on the wall. However, there are several other related uses, for example: To let droop or fall – hang your head in shame. To fall in a certain way – this costume hangs well. To pay attention to – I hang on your every word. To hold on tightly – My daughter is hanging onto my skirt. A way of doing something – She couldnt get the hang of it. To be oppressive – a cloud of gloom hangs over him. The regular past tense of hang is hung, which would be used in all the examples listed above. However, there is one difference when it comes to hanging someone by the neck. In this case the past tense is hanged which means killed by hanging. Here are some quotations from the newspapers: before American forces chased him from his capital city and captured him in a filthy pit near his hometown, was hanged just before dawn Saturday during the morning call to prayer. (www.nytimes.com) Secrets,† he printed the pieces of personal data on sheets of paper using a special liquid solution. The sheets were hung in neat rows and columns on a wall. Museumgoers could only see the data under a special light source, and key (www.nytimes.com) Met Breuer in 2016-2017.After it was acquired for McCormick Square, the painting hung in the hallway of the convention center for years with very little protection, making it liable to theft or damage, (www.nytimes.com) Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:7 English Grammar Rules You Should KnowBroadcast vs Broadcasted as Past FormSentence Adverbs

Sunday, February 16, 2020

Interview A Manager Assignment Example | Topics and Well Written Essays - 1500 words

Interview A Manager - Assignment Example In its long journey Coca Cola has done many mergers and acquisitions which have contributed a lot in the growth and development of the company. The firm operates its business through franchise distribution. It only manufactures the syrup and then sent it to various bottling partners. In many places the company itself owns many bottlers. Manager is an important person of an organization. He plays a vital role in planning and directing works to its subordinates. He develops important strategies for growth and development of the company. Under his guidance the company performs vital tasks. The manager has the power to hire and fire employees working under him. He has the authority to judge the performance of its subordinates and give promotion to them. He is the person responsible for administrating and controlling the functions of the organization. A company has different types of manager’s accordi9ng to its divisions. One of the famous managers of Coca Cola is Brandon M. Buchanan. He is with the company for past 17years. For past 1year 3 months he holds the position of District Sales manager of Coca Cola. Brandon M. Buchanan feels pride for working in Coca Cola. In 1996 he joined the company. Now he holds the position of district sales manager. It is a large store in Phoenix, Arizon. As a manager of this store he has to execute sales for generating more revenue. He supervises different promotional activities of the store in Arizon district. It helps to influence the sales figure of that region. He plays a vital role in developing the market for the products of Coca Cola through building community relationship. One of its important job responsibilities is to train and develop its subordinates for achieving the goals and objectives of District Sales Team. He assists its team members in innovating and developing new business plans and opportunities. Brandon M. Buchanan set up and delivers profit and budgeted volume at the

Sunday, February 2, 2020

Affects of Combat Veterans after War Research Paper

Affects of Combat Veterans after War - Research Paper Example Their American comfort of feeling safe and sheltered from the reality of what the world and war is something that can’t be explained unless you have seen your rack mate die or kids killed over family members not doing what there told. The kind of stress and hostile environment he encounters in wars leave deep psychological impacts. They get exposed to the worst that human nature harbors. When they return home, they are not the same people. The society needs to dig deeper to understand the emotional problems of the war veterans because these problems drive them to seek drugs or make them suicidal.   War vets have a hard time fitting in their past personality. They cannot function the way they used to even though they want to return to their normal life and be done with the war. They suffer from post-traumatic stress disorders PTSDs. PTSD is the most common phenomena found in the soldiers returning from wars (Gulgowski 30). The Centre for Policy Research in New York discovered that over a third of the men who participated in heavy combat in the Vietnam War showed signs of acute post-traumatic stress (Gulgowski 30). In the Iraq and Afghanistan wars, about 1 in 10 soldiers returning from duty showed drug or alcohol abuse problems (â€Å"PTSD†). It is observed that war veterans try to ‘avoid’ the PTSD symptoms through drugs and alcohol, to sleep better (â€Å"PTSD†). It is a very common phenomenon that war veterans develop mental disorders like post-traumatic stress, which gets deeply rooted in their psyche. Getting rid of the symptoms is extremely ha rd and sometimes impossible. Governments in every country pay considerable sums of money to institutions to look after war veterans. They want to make them feel that they are an essential part of the society even after fighting bloody wars. The damage done to their psyche is horrible and sometimes it is deeply inflicting that it becomes impossible to grow out of it. The tragedy is

Saturday, January 25, 2020

Research Into The External Environment Of Barclays Bank Finance Essay

Research Into The External Environment Of Barclays Bank Finance Essay Barclays is a global financial services provider deals with retail and commercial banking, credit cards, investment banking, wealth management and investment management services all over the world. Barclays offers personal banking services to its customers all over the world and provides a variety of other products like loans, debit card, saving account, insurance, online banking etc. 1.1 AIMS/PURPOSES The purpose of this report is to review recent research into the external environment of Barclays Bank and provide strategic recommendations for senior managers of the organisation. 1.2 CONTEXT Barclays started its business from london 300 years back, and now Barclays has established enterprises across Europe, Africa, the Americas and the Asia-Pacific region and gives employment to approximately 145,000 people. Barclays has almost 49 million customers and clients worldwide. Barclays has so many achievements in his name. In 1958 Barclays appointed the UKs first female branch manager. In 1961 Barclays opened the UKs first computer center for banking. In 1966 Barclays launches Barclays card, Uks first credit card. In 1967 Barclays opened worlds first ATM. In 1986 Barclays was the first British bank to have shares listed on New York Stock Exchange. In 1987 Barclays launched Barclays connect, the UKs first debit card. In 1995 Barclays was the first financial institution to launch its website. In 1999 Barclays was the first UK bank to offer customers a mortgage in euros to buy a british home. In 2008 Barclays was the first bank in UK to announce a mass roll-out of contactless-enabled debit card. (Barclays, 2010) 1.3 STRUCTURE OF THE REPORT The first part of this report would examine and analyse the external environment of Barclays Bank, while the second part would give recommendations to mitigate its impact on the internal environment looking at what management structure and strategy that could be used. The final pact of the report would give a conclusion on the findings and limitations of the reports findings. 2.0 EXTERNAL ENVIRONMENT Macro (External) Factors are seemingly uncontrolled by companies. They include factors like Political Factors, Economic and Competition Factors, Social Factors, Technological Factors and Legal Factors. Since Barclays Bank comes in Macro Factors, its strategic planning must include an analysis for Macro Factors. This purpose of report both includes SWOT and PEST analysis of tools. 2.1 POLITICAL FACTORS The Political Factors of a Bank includes measures of government stability and political risk in that country. Banking Sectors are affected by political factors and government rules and regulations, and as Barclays Bank one of the historical bank and has branches all over the world, expected to bond with government rules and feel the heat of politics in business and at time political factors doesnt allow banks to grow its business. For example the tax for Barclays to do its business in India will not be same as it is in UK. And also different-different country has different- different rules for its banking industry. According to Treanor report Senior bankers are complaining that political interference is the biggest risk facing their industry despite the billions of pounds of taxpayer money being used to prop up the banking system. One of the bankign leader at Pwc said With political interference as the top risk and too much regulation at number three, the concern is that the financial crisis has taken the banking industrys future out of its own hands.(Treanor,2010) Barclays president Bob Diamond also opposed political interference in banking sector. (Treanor, 2010) The UK Prime Minister said for a more responsible banking, in which he said banks are the servants of economy and society and never its master. He said banks should have help UK business by giving them loans. (BBC, 2009) 2.2 ECONOMIC AND COMPETITION FACTORS Due to the large number of banks in market, Barclays Bank is facing a huge competition in market. Barclays was rapidly losing market share to Bank of Scotland and mainland European banks according to survey by the Manchester Business School.(Trapp,1992) Bank of Scotland was regarded as the toughest bank, but it is felt to offer a better service. Smaller banks, such as the Co-op, Abbey National, Bank of Wales and Yorkshire, were considered less aggressive than the main hight street clearers in terms of fees and pricing. (Trapp, 1992) The Independent (2009) report says Barclays Bank faced a new challenge as credit ratings Moodys cut its rating by two full notches, leading to a one-tenth fall in its share price. (Robbins,2009) The existing recession also played a major role in affecting the business of banks. In 2008, Barclays profit fell by 14% while variable remuneration fell by 48%. At all level Barclays employees lost in  £2bn of personal wealth in 2007 and 2008. (BBC NEWS,2009) 2.3 SOCIAL FACTORS Social factor plays a major role in banks development and banks enterprise. Bank should win the heart of its customers to maintain its reputation. It should make a strong bond with customers. According to BBC News report, in April 2000 Barclays closed its 171 branches, many of them were in rural areas. Because of that Barclays had suffered from a spate of bad publicity. (BBC NEWS, 2000) On February, 2010 increasing overdraft charges on two million of its account holders created a bit concern for Barclays bank customers. However Barclays said eight million customers with standard current accounts would not be a hit by higher changes, and banks has not changed the rates paid by its credit card customers in UK. However customers reacted angrily against Barclays bank. (Moore,2010) 2.4 TECHNOLOGICAL FACTORS The modern Technology which making customers life easy in banks, creating big problem regarding the security and privacy of their account details. Customers face problem in loging on and doing online banking. Many customers in country side areas dont have much knowledge about online banking, bill payments and online transfer funds. Some Customers feel unsecured doing online banking. In January 2010 many account holders were not able to check balances and transfer money via online banking. Many customers complained on Barclays forum for unable to access account. (Anker, 2010) Customers who logged into their account in July, 2000 they were able to read the details of other customers accounts. Barclays admitted the problem was associated with a software upgrade which went live overnight. (BBC NEWS, 2000) Barclays bank has signed a deal with F-Secure for 1.6 million licences of the anti-virus program. The basic F-Secure anti-virus will protect customers account and will alert users if any malicious programs installed. 2.5 LEGAL AND CREADIBILITY FACTORS Banks are regulated by different different agencies and different kind of laws in different countries. In 1990s, European countries have implemented Single Banking License which allowed banks from European Union (EU) countries to branch freely into other EU countries. European Countries implemented numerous regulations for banking industry, to achieve the level of harmonization required for the establishment of a single, competitive market for financial services. However, after that European banks have also experienced a negative effect on competition. (Angelini, 2003) UK government expected to put pressure on Barclays and other lenders that have turned down government help to join the British Treasurys latest effort to revive the economy. (Werdigier, 2009). In March, 2009 Barclays bank obtained a court order banning the Guardian from publishing documents which showed how the bank set up companies to avoid hundreds of millions of pounds in tax. The information was leaked by a person who was working with bank. (Guardian, 2009) In January, 2006 Barclays and other 22 international companies got a legal action brought by a South African activist group. That legal action was for allegedely benefited companies from doing business in South Africa in the apartheid era. Barclays was forecd to pull out of South Africa in 1986 after protests against its involvement in South Africa during the apartheid regime. (Kollewe, 2006) 3.0 RECOMMENDATIONS Bank should make a strong bond with customers, to make its business and reputation profitable. Bank should should give customers requirement first priority in its business. T 3.1 As mentiond in the first part of the report, how political factor is playing a major role in banks business and growth. Different- different countris political stability plays a major role in banks deveopment. Banks should keep a track in advance on the political stability of that country, to know how its political change will affect its business. And bank should make a strong bond with governemnt regarding its policies and regulations so that government will help the banks at the time of economy downturn by giving banks special packages to rescue from economy downturn. Banks should make a strong bond with government regarding tax paying. 3.2 Economic and competition factor also plays a major role in affecting banks growth. As mentioned in 2.2 how competition in market plays a major role in companys share and profit and how that nation economy plays a major role in the growth and development of bank. Banks should involve Fiscal Policy in their policy. Fiscal Policy helps to reduce the rate of inflation and stimulate economic growth in a period of economy downturn. Fiscal Policy aims to stablise economic growth, avoiding boom and bust economic cycle.(Economics help) For competition factor playing a major role in banks growth. Banks should keep a strong policy on its interest rates which should not affect customers requirement and banks benefit both. 3.3 As mentioned in 2.3 Social Factor plays a major role in banks relations with customers which directly affects banks development and reputation. Banks responsibility towards customers plays a major role in banks reputation in market, which affects its business. Banks should give a written letter in advance to customers before taking any major step. Banks should make its customer care department more friendly for customers, so they will not hesitate asking any question to banks.Before increasing its any fee, banks should inform customers in advance. The significance of good customer service costs five times to win a new customers and retaining old customers. And banks should give assurance to customers regarding their funds and account profile and personal details, so that they will more secure regarding their accounts. To inhance its reputatin banks should participate in social causes and should participate in developing poor countries and rural areas. They should make branches an d ATMs more convinent for customers in countryside areas as well. 3.4 Technological factor which causing a big concern in winning the trust of customers. The modern technology which is making a customers life easy in doing online bill payments or accessing accounts online at time creat big problems for customers. As mentioned in 2.4 how at time online banking is creating problems for customers and creating problems in relationship with banks. Banks should make its online banking more secured and also give assurance to customers regarding their account details so that customers will not worry about their account profile. Banks should educate people regarding its online banking and telephonic banking. Bank will have to make international banking or internatioanl funds transfer safe for customers and for this they will have educate customers. As mentioned in 2.4, Barclays bank has signed a deal with F-Secure for licence of an anti-virus program which will protect customers account and will alert users if something go wrong with their account.(BBC News ,2006). Its banks responsibility to make technology secured regarding customers account, and if something happens wrong bank must insure customers that their money is safe. 3.5 For a good business banks should start using social media to build trust, loyalty and improve relationships with customers. Political Factor is palying a major role in Banks international market and bank Barclays protects money for nearly 14 million customers and clients in Africa during the time of economy and climate risk. Barclays operated in Africa for over a century and optimisitc for next 100 years future. http://group.barclays.com/Editorial/1231783315133.html CONCLUSION STRENGHTHS WEAKNESSES OPPORTUNITIES THREATS Widespread global presence Generated controvecies Well-established historically Associated with innovation http://www.businessteacher.org.uk/business-resources/swot-analysis-database/barclays-bank-swot-analysis/

Friday, January 17, 2020

Post Colonial India English Drama

English Literature Eng 102 Term Paper II Topic: Post-Colonial Indian English Drama India has the longest and the richest tradition in drama. During the age of the Vedic Aryans, drama was performed in a simple way. Different episodes from the Ramayana, the Mahabharata, and the Bhagavad-Gita were enacted out in front of people. When Britishers came in India, the crippled Indian drama regained its strength. In 1920, a new drama in almost all the Indian languages came to the fore, it was a drama largely influenced by prevailing movements like Marxism, Psychoanalysis, and surrealism.Indian drama got a new footing when kendriya Natak Sangeet Akadmi was started in January 1953. National school of drama set up Sangeet Natak Akadami in 1959 was another development. The year 1972 was a landmark year for Indian theatre. Badal Sircar, vijay tendulkar and girish karnad have contributed to the modernization of the face of the Indian theatre, these play wrights have made bold innovations and fruitf ul experiments. Postcolonial Writings as we have observed, emphasize the process of strong resistance in the societies and also put emphasis on the reality of life.It deals with the literature written by the people of colonized countries that take the suffering and survival and resistance of their people as their subject matter. Postcolonial Writings can be considered as the historical marker of the period because it deals the literature which comes after decolonization as well as it is considered as an embodiment of intellectual approaches. At the intellectual level Postcolonial writers engaged themselves in opening up the possibilities of a new language and a new way of looking towards the world.Their writings can be taken as a medium of resistance to the former colonizer. Their themes are focused on the subject matters like identity, national and cultural heritage, border crossing, contemporary reality and situation, human relationship and emotions etc. In the Indian context, Pos tcolonial writing makes its presence felt in the English-speaking world by giving new themes and techniques. The rise of Postcolonial Indian English writing was a significant aspect of Indian English literature.If we talk about the different genre of Postcolonial Indian English literature, drama became one of the best mediums for expression. Postcolonial Indian English poets make use of current situation in the society to give their poetry a Indian flavor. The new phase of Indian theatrical development happily coincides with the personal development of Girish Karnad as a dramatist. His contribution goes beyond theatre: he has directed feature films, documentaries, and television serials. He represented India in foreign lands as an emissary of art & culture.He has experimented with the fusion of the traditional and modern dramatic forms and content. Pre-colonial, colonial and post-colonial experiences in literature cannot be compartmentalized in true sense. They are not divorced from each other. His play ‘Tughlaq’ was a reflection of the changing times- the narrowing of the great divide between the rulers and ruled. Karnad reminds us of T. P. Kailasam and Rangacharya who go back to myths and legends to show the modern life with all its elemental passions and man’s struggle to achieve perfection.If creating new themes and techniques is a part of Postcolonial writing, Shiv K. Kumar can be truly called a Postcolonial poet. Winner of Sahitya Academi Award with various books of poetry, drama, short story and translation, Shiv K. Kumar gave an identity and a sense of direction to Indian English poetry in the Postcolonial period. His knowledge of Indian myths and Indian history is amazing and he uses them as themes in his poetry. But the most appealing aspect of his poetry is that it gives a distinct touch to Indian sensibility.Other than this, themes like East-West encounter, Indian landscape, national identity, contemporary reality he takes all t hese as his themes in his poetry which give the whole essence of Postcoloniality. In his Award winning book of verse, Trapfalls in the Sky (1987), we can see Kumar’s seeking for the national and cultural identity. As a Postcolonial poet, Kumar makes an attempt to come to terms with contemporary reality which is integrated with Indian landscape.Kumar’s dealing with national and transnational themes indicates his open mind and his approach towards life. Like many of the poets of Postcolonial era, Kumar tries to write authentically about the performances of rituals, superstitions prevailing in Indian society. Kumar is considered one the most outstanding poets of Modern Indian English Literature, who has the credit to give the recognition, Modern Indian poets got in the world of English Literature. Kumar is a poet who is known for his portrayal of India and its different aspects in very a beautiful way.But another picture of India is seen in a very different way in his poe try when we see the hidden reality of religion prevailing in India As the most important element of Postcolonial literature is the sense of national identity, consciousness of the richness of the cultural heritage of motherland and its wealth of natural resources. Twenty years after Independence, R. K. Narayan was still tackling issues of colonialism. The Vendor of Sweets  (1967) takes us through the tensions integral to a family in which two generations belong to two different cultures.Ascetic Jagan belongs to an old India of family and history his son to an India increasingly subject to the foregrounding of the commodity and a dramatic industrialization. Narayan explores the inevitable clash of what is, in many ways, both a colonial and a post-colonial encounter: Jagan, a follower of Gandhi and a veteran of the wars against British Imperialism, must attempt a negotiation of an ethos invasive to his own definitions of nationality; Mali, without this structure, must reconcile an A merican capitalism with India's own sense of what constitutes a modern nation.This theme is continued in Ruth Prawer Jhabvala's  Heat and Dust  (1975). Again two generations, this time British, must come to terms with an alien culture. Whilst Olivia's adventures are romanticized, Jhabvala attempts to explore in a more sophisticated manner the social outlay of Anglo-Indian relations with the higher Muslim classes and Olivia's step-grand-daughter is confronted with an India that remains hidden in the works of Kipling, Forster or Narayan. Leelavati the beggar-woman's life, if not her behavior, demonstrates an unusual social awareness of the lowest castes.It is to be noted that the East-West dichotomy within the later generation has become less strained: modern Britain is expected now to accept India on its own terms. Salman Rushdie, whose work has been produced in the eighties and nineties, has removed himself from the sites of both nationality and naturalism but remains in an enga gement with economic colonialism and its consequences. Midnight's Children  (1982) critiques the post-Independence political strategies of Nehru and Indira Gandhi.Critique and critiqued demonstrate an India which has not yet fully resolved the dramatic industrialization necessary to the creation of a modern nation: Rushdie's response is necessarily part of the same Western political agenda as Nehru's or Mrs. Gandhi. Modern Indian English drama has set a significant tradition for new literature in postcolonial period. Writers skate over their experiences those are either socially rooted or floating. They perceive the incongruous situation of life and experience. Hence they ventilate a kind of ironical expression in their verbal expressions.Indian English Drama after Independence has no relationship with drama written earlier. He categorized the pre-Independence Indian English Drama as â€Å"greasy, weak spinned and purple adjectived†. They express themselves in an alien lang uage (global code), which in spite of all sociolinguistic forces for broad-based Indianization fails to transmute or authenticate a local space as effectively as any Indian language. It creates room for a certain cultural, historical and linguistic distancing from the colonizer’s code. In the sociolinguistic domain, in the hands of Indian English Writers, the Queen (the global code) is wearing a  bindi. local colour). Indian English Writers are after all the members of the communities comprising the Indian population spread over a continuum. It’s a tough ask for the writers to restrict their individual regional impulses suffering to their own community to become intelligible by the other communities written the geo-national space of India. Indian English dramatist did not use Indian Dramatic traditions and myths creatively. Another major reason was that English as a second language was not suitable medium of expression for two Indians doing conversations.So Indian pl aywrights could not make their Indian characters speak in English. The language barrier prevents the lower classes from coming to the Indian English Theatre. Actually to form our culture identity we need tradition, continuity and change. It is only when we accept these three things that we can really have a theatre movement which is completely linked to the development of cultural social and individual identity. Only then we can achieve harmony through the language of theatre which must necessarily be filled with a sense of rootedness revealing a true Indian sensibility.

Thursday, January 9, 2020

Foreign Policy During World War II - 847 Words

Foreign policy, in its most general sense, is the relations of one country to another on the international stage. It can strengthen or destroy administrations, create or tarnish legacies, and ensue or conclude conflicts. But regardless, foreign policy contributes to the creation of significant and noteworthy history that future generations can create precedents from; this includes events and decisions that occurred in the twentieth century. Throughout this time, the United States was involved in numerous conflicts and made difficult decisions that impacted the international community in occasionally significant manners. Of these incidents, the three most important involvements by the United States in world affairs include: the U.S. entry into World War II with emphasis on the European Theatre, the U.S. bombings of Japan, and President Ronald Reagan’s â€Å"Tear Down this Wall† speech. On December 7th, 1941, the Imperial Japanese Navy Air Service bombed the U.S. nava l base of Pearl Harbor in the Hawaii Territory which resulted in multiple destroyed vessels, hundreds of lost aircraft, and over 2,300 human casualties (The WWII Museum). This was quickly followed by a U.S. declaration of war against the Empire of Japan. Then on December 11th, Adolf Hitler, Fà ¼hrer of Nazi Germany, declared war on the U.S. to honor his Tripartite Pact with Japan. This was countered on the same day by the U.S. with its own declaration of war against Germany (The History Place). As a result ofShow MoreRelatedAmerican Foreign Policy During World War II1565 Words   |  7 PagesAmerican foreign policy shifted drastically from the birth of the new nation to the beginning of the 20th century. 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The inflation had undermined the sanctity of property. The war had shrunk the rights of individuals and enhanced the power of the State. The politicizing of economic and social life means that every dispute and every disagreement were now become the matter of national interest. This rivalry had startedRead MoreThe War Of The Vietnam War1608 Words   |  7 Pageschange was thrust upon them in the form of the Vietnam War. The Vietnam war forced the U.S’s hand in adopting a very aggressive form of foreign policy. The Vietnam war was highly controversial and unpopular with the American public. The United States’ involvement in the Vietnam war lasted from 1965-1972, and it was the first war to fight Guerilla fighters head on in the U.S. This pressured the U.S to adopt a very aggressive form of foreign policy to combat communist guerilla fighters. Vietnam was notRead MoreAmerica, An Ever Changing World Superpower1504 Words   |  7 PagesAmerica, an Ever-Changing World Superpower America has been viewed in a wide variety of ways on the global stage. From the Progressive Era to containment, the view of the United States as a world power has changed dramatically. The country went through a large process of adopting an isolationist policy during the Progressive Era. This isolationist view was also present pre and post-World War I. After the bombing of Pearl Harbor, America took a bold stance and using its industrial power pushed itselfRead MoreThe Historical Birth Of The Concept Of Foreign Policy In1527 Words   |  7 Pagesconcept of Foreign Policy in the United States has had a very interesting start. During today s policymaking it may seem like we have our hand and every cookie jar. However, this was not how our nation initially started out. President Washington argued the great rule of conduct for us in regard to foreign nations is to have them as little political connection as possible (New Framework for Foreign Affairs, 2013) It would seem that the foun ders did not feel the need to have extensive foreign policies

Wednesday, January 1, 2020

Definition of Disambiguation in Language Studies

In linguistics, disambiguation is the process of determining which sense of a word is being used in a particular context. Also known as lexical disambiguation. In computational linguistics, this discriminative process is called word-sense disambiguation (WSD). Examples and Observations It so happens that our communication, in different languages alike, allows the same word form to be used to mean different things in individual communicative transactions. The consequence is that one has to figure out, in a particular transaction, the intended meaning of a given word among its potentially associated senses. While the ambiguities arising from such multiple form-meaning associations are at the lexical level, they often have to be resolved by means of a larger context from the discourse embedding the word. Hence the different senses of the word service could only be told apart if one could look beyond the word itself, as in contrasting the players service at Wimbledon with the waiters service in Sheraton. This process of identifying word meanings in a discourse is generally known as word sense disambiguation (WSD). (Oi Yee Kwong, New Perspectives on Computational and Cognitive Strategies for Word Sense Disambiguation. Springer, 2013) Lexical Disambiguation and Word-Sense Disambiguation (WSD) Lexical disambiguation in its broadest definition is nothing less than determining the meaning of every word in context, which appears to be a largely unconscious process in people. As a computational problem, it is often described as AI-complete, that is, a problem whose solution presupposes a solution to complete natural-language understanding or common-sense reasoning (Ide and VÃ ©ronis 1998). In the field of computational linguistics, the problem is generally called word sense disambiguation (WSD) and is defined as the problem of computationally determining which sense of a word is activated by the use of the word in a particular context. WSD is essentially a task of classification: word senses are the classes, the context provides the evidence, and each occurrence of a word is assigned to one or more of its possible classes based on the evidence. This is the traditional and common characterization of WSD that sees it as an explicit process of disambiguation with respect to a fixed inventory of word senses. Words are assumed to have a finite and discrete set of senses from a dictionary, a lexical knowledge base, or an ontology (in the latter, senses correspond to concepts that a word lexicalizes). Application-specific inventories can also be used. For instance, in a machine translation (MT) setting, one can treat word translations as word senses, an approach that is becom ing increasingly feasible because of the availability of large multi-lingual parallel corpora that can serve as training data. The fixed inventory of traditional WSD reduces the complexity of the problem, but alternative fields exist . . .. (Eneko Agirre and Philip Edmonds, Introduction. Word Sense Disambiguation: Algorithms and Applications. Springer, 2007) Homonymy and Disambiguation Lexical disambiguation is well suited particularly for cases of homonymy, for instance, an occurrence of bass must be mapped onto either of the lexical items bass1 or bass2, depending on the intended meaning. Lexical disambiguation implies a cognitive choice and is a task that inhibits comprehension processes. It should be distinguished from processes that lead to a differentiation of word senses. The former task is accomplished fairly reliably also without much contextual information while the latter is not (cf. Veronis 1998, 2001). It has also been shown that homonymous words, which require disambiguation, slow down lexical access, while polysemous words, which activate a multiplicity of word senses, speed up lexical access (Rodd e.a. 2002). However, both the productive modification of semantic values and the straightforward choice between lexically different items have in common that they require additional non-lexical information. (Peter Bosch, Productivity, Polysemy, and Predicate Indexicality. Logic, Language, and Computation: 6th International Tbilisi Symposium on Logic, Language, and Computation, ed. by Balder D. ten Cate and Henk W. Zeevat. Springer, 2007) Lexical Category Disambiguation and the Principle of Likelihood Corley and Crocker (2000) present a broad-coverage model of lexical category disambiguation based on the Principle of Likelihood. Specifically, they suggest that for a sentence consisting of words w0 . . . wn, the sentence processor adopts the most likely part-of-speech sequence t0 . . . tn. More specifically, their model exploits two simple probabilities: (i) the conditional probability of word wi given a particular part of speech ti, and (ii) the probability of ti given the previous part of speech ti-1. As each word of the sentence is encountered, the system assigns it that part-of-speech ti, which maximizes the product of these two probabilities. This model capitalizes on the insight that many syntactic ambiguities have a lexical basis (MacDonald et al., 1994), as in (3): (3) The warehouse prices/makes are cheaper than the rest. These sentences are temporarily ambiguous between a reading in which prices or makes is the main verb or part of a compound noun. After being trained on a large corpus, the model predicts the most likely part of speech for prices, correctly accounting for the fact that people understand price as a noun but makes as a verb (see Crocker Corley, 2002, and references cited therein). Not only does the model account for a range of disambiguation preferences rooted in lexical category ambiguity, it also explains why, in general, people are highly accurate in resolving such ambiguities. (Matthew W. Crocker, Rational Models of Comprehension: Addressing the Performance Paradox. Twenty-First Century Psycholinguistics: Four Cornerstones, ed. by Anne Cutler. Lawrence Erlbaum, 2005)