Plant Asset free essay sample

Disposal of Plant Assets 1. Discard Plant Assets 2. Sell Plant Assets 3. Exchange Plant Assets – Exchange with similar assets – Exchange with dissimilar assets Discard Assets A machine costing $9000 with accumulated depreciation of $9000 is discarded on June 5, 2001 Machine 9000 Accumulated depreciation 9000 Accumulated depreciation needs reverse entry General Journal Date Account Title and Explanation PR Debit Credit Discard Assets A machine costing $8000 with accumulated depreciation of $6000 on Dec 31, 2000. It is discarded on July 1, 2001 Machine 8000 Accumulated depreciation 000 General Journal Date Account Title and Explanation PR Debit Credit Selling Plant Asset 3 Types of Selling – Sell at book value – Sell above book value – Sell below book value Sell Plant Asset at Book Value Example A machine costing $16000 with accumulated depreciation of $12000 on Dec 31, 2002. We will write a custom essay sample on Plant Asset or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It is sold on March 1, 2003 for cash = $3000 Machine Accumulated depreciation 16000 12000 General Journal Date Account Title and Explanation PR Debit Credit Sell Plant Asset Above Book Value Example A machine costing $16000 with accumulated depreciation of $12000 on Dec 31, 2002. It is sold on March 1, 2003 for cash = $7000 Machine Accumulated depreciation 16000 12000 General Journal Date Account Title and Explanation PR Debit Credit Sell Plant Asset below Book Value Example A machine costing $16000 with accumulated depreciation of $12000 on Dec 31, 2002. It is sold on March 1, 2003 for cash = $2500 Machine Accumulated depreciation 16000 12000 General Journal Date Account Title and Explanation PR Debit Credit Exchanging Plant Assets Assets Exchange Dissimilar Similar Loss Recognized Recognized Gain Recognized Not Recognized Exchange Similar Asset Gain Example An old equipment costing $36,000 with accumulated depreciation of $20,000 on Dec 31, 2002. It is exchanged on Jan 1, 2003 for new equipment that has fair value =$42,000 by paying more cash = $33000 Machine Accumulated depreciation 36,000 20,000 General Journal Date Account Title and Explanation PR Debit Credit Exchange Dissimilar Asset Gain Example An old equipment costing $36,000 with accumulated depreciation of $20,000 on Dec 31, 2002. It is exchanged on Jan 1, 2003 for new equipment that has fair value =$52,000 by paying more cash = $33000 Machine Accumulated depreciation 6,000 20,000 General Journal Date Account Title and Explanation PR Debit Credit Summary ? ? ? ? ? ? ? Cost of plant assets Lump sum purchase Capital expenditure and Revenue expenditure Depreciation method Partial year Depreciation Revise estimate of salvage value and useful life Disposal of plant assets Practice On July 14, 99 company A paid $600,000 cash to acquire a factory that has land, land improvem ent building and machinery. Appraised value: ? land = $160,000 ? land improvement = $80,000 ? Building = $320,000 ? Machinery = $240,000 Journalize?

Willow Tree and Olive essays

Willow Tree and Olive essays Willow Tree and Olive, by Irini Savvides, is about a girl named Olive Alexandropoulos. She is in year 12 and enjoying it with her friend Kerry. Everything looks okay in her life from afar. But when you get into Olive's head, you start to realise that nothing is okay. Olive is Greek, but at times she wishes that she wasn't. She regularly feels uncomfortable in a room with other Greeks, but no-ones notices. Unfortunately she had problem that she couldn't tell anyone. She went to the school counselor and confided in him that she couldn't stop eating, she hated her body and she thought that she was ugly. This continued until she had a regression one day. The regression happened after a lecturer came to her school and spoke about raping and sexual abuse. It is about then that the whole story comes out that when Olive was a little girl, about 5 years old, she was raped and sexually abused by an old man from her village and because of that feels unsafe and insecure. The story goes on about how she realises that it's not her fault at all, and as part of the healing process she is sent to Greece to stay with some relatives. She loves this time away and finally recovers from the trauma that has been tormenting her for most of her life. Not only that but she realizes what a beautiful place Greece is and is no longer ashamed of her country and background. I loved this story. It is excellently written with feelings and thought of every word. I think that this book is aimed at an audience of thirteen years and older, particularly females. It was an excellent book, have recommended it to my mum who also really enjoyed it and I would recommend it to everyone who has not already read it. The original idea came from wanting to write a story about survival in emotionally difficult circumstances and also wanting to explore my own dual culture . . . I wanted to show the strength of young adults when faced with great odds . . . I wanted ...

Custom Writing Service

Custom Writing Service Custom Writing Service Some writers rightly embrace the redrafting phase as a kind of 'quality control' of their writing and as an opportunity to craft an exemplary piece of work an attitude that often brings rich rewards. For example, the Russian novelist, short story writer, and philosopher, Leo Tolstoy, author of the two monumental novels War and Peace and Anna Karenina, is reputed to his first novel War and Peace rewritten eight times. His works are read by the whole world. Not all students are able to write vividly. Ordering custom writing service, you receive interesting and relevant essay written for you from scratch! Custom Essay Help Redrafting an essay is just as critical as the original drafting of the work. Redrafting provides you with an opportunity to check that: the English essay has been written in a clear, direct and simple manner trite phrases and cliches have been avoided figures of speech have been used appropriately the right words have been chosen, and rare and difficult words avoided repetitions have been avoided or, if used, handled in a skilful and effective manner redundancies have been avoided in the essay alliteration has been used appropriately sentences are of an appropriate length, and are shortened if too long the college essay is read aloud and checked for rhythm the final essay writing demonstrates the hallmarks of originality the college English essay has come together as a coherent, accessible and meaningful whole: Custom English Essay Writing To produce good essay writing it is essential to apply the elements and principles of style. The key element of style is writing with personality and voice. Through regular practice, mentoring and exposure to the unique styles of other English essay writers, a writing style can be developed and improved. A good writing essay style, in turn, can be developed and improved by upholding the principles of style that have as their ultimate purpose the production of writing that is readable, meaningful, original, memorable and successful. These principles underscore the point that it is only by sitting down and writing an essay and, at the appropriate time, rewriting the project. Custom essay servicehelped already a lot of students and we know how to help you!Custom essay writing is your solution to academic problems. Our writers know and love their job! You will not be disappointed with our custom writing service! gives you an opportunity to enjoy life while our writers are working on your assignments! If you need more information on our prices and/or services, you are welcome to contact us at any time! Read also: Sociology Paper Report Writing Help Psychology Papers Police Performance Term Paper Market Analysis Report

Recruitment and Human Resource Management Essay

Recruitment and Human Resource Management - Essay Example The human resource management team then analyses these forms before inviting the qualified candidates for interviewing.   After the selection of the suitable candidate from the interviewees, the procedure of induction follows. Induction is a process that aims at familiarizing an employee with the organization’s processes and the nature of the job. A good induction process should be open and interactive, to make the new employee be acquainted with co-workers easily. The process should also be relevant and specific on the standards and rules that guide the operational framework of an organization. The process should be safe and considerate on the employee’s working conditions.   The period that the induction process takes depends on the size, nature, and standards of the organization and the job. The process, though not formal, is a good way to ensure that an employee blends into the organization comfortably. The employee will first meet and talk with fellow colleague s. This interaction process should be friendly and focused on the experiences of the new colleague. This process should be open to questions, and subsequent discussions on the nature of the organization.  Thereafter, the new employee is introduced to the rules of the organization. Organizational storytelling is a good way of instilling the organization’s principles to the employees (Taylor, 2011). The value of the hospitality industry in the UK is significant to the economic growth of the UK.

Production chain in the car indusry and CSR Essay

Production chain in the car indusry and CSR - Essay Example On the other hand, corporate social pesponsibility is the act of a company or an organization to ensure that its activities work in a way that it benefits the society in which it surrounds. The company should also ensure that employees and customers' needs are well gathered for and as a result lead to proper relationship amongst the parties involved thus leading to a sustainable developmnent owing to the fact that each and every member of the society will be feeling considered and hence contribute to the success of the organization in whichever way possible (Bloom and Gundlach, 2001; Darren et al, 2009; Fernanda, 2006). Since production chain should be taken as a single service delivery aimed at achieving a common goal, it should always be appropriate that all the interelated components are brought together, for instance, as a result of variation in characteristics involved in making different types of cars such as speed, capacity and modes of operation which in a way may varry according to the various operations the car undertakes(IB chamber, 2002). For instance, a heavy commercial vehicle will definitely be made in a way that it will not speed beyond a certain limit being exceeded by a small car. As a unifying factor, it is important that over time, the designing and development of processes be improved. This requires making further improvements on the existing car models. This should be done to ensure that the firm or the company maintains its customers and furthemore coming up with what the competitors in the market cannot attain. In essence, production in car industry normally requires that al l the departments in an organization are involved. for instance, the purchasing department will be responsible for the acquisition of raw materials to be used in the actual making of the car, the manufacturing department will ensure that the actual car is made to work, the human resource department will make sure that the labour force is hired and its employees rights and welfare is taken into consideration, finance department is responsible for making the necessary payments to staff and further ensuring that all transactions made by the car production industry are well accounted for, sales department is accontable for all the sales, that is; making sure that the organization is able to achieve the targets as per the needs of the organization and finally the marketing department core responsibility is to ensure sustained competetiveness of the industry by making sure it sources for more markets for the products coming up from the car production industry. Taking all the departments i nto account, it is appropriate to employ good corporate social responsibility as this will ensure that proper morals and code of conduct are put in place and thus ensuring that no

World History Essay Example for Free

World History Essay 1. What do you already know, or think you know, about Judaism, Christianity, and Islam? They had a lot of wars and disagreements. 2. In what parts of the world are Judaism, Christianity, and Islam dominant today? Christians are dominant in north South America; followers of island dominate north Africa, western and central Asia, and Indonesia. Followers of Judaism can be found most everywhere but are concentrated in Israel and North America. 3. How are Judaism, Christianity, and Islam related? They began in Southeast Asia. All three religions claim they began with Abraham. 4. How are the stories of Moses, Jesus, and Muhammad alike and different? Moses andJesus, are considered the founders of Judaism and Christianity respectively. Muslims of Arabic descent however, trace their roots, to Abrahams other son, Ishmael. His descendent Muhammad founded Islam. 5. After reading these excerpts, how do you think these religions compare? 6. What are the primary differences and similarities among the three religions? Why? Jewish people do not believe that Jesus was the messiah or the son of God or that he was resurrected. 7. Why are some sites considered sacred in Judaism, Christianity, and Islam? The holiest site in Islam, the Kaaba, stands at the center of the Masjid al-Haram mosque in Mecca. The mosque known as the Dome of the Rock sits where the temple once stood, the place where Muslims believe that Muhammad rose into heaven. 8. Why do divisions occur within as well as among the three major monotheistic religions? More than 50 percent of the worlds population follows Christianity, Judaism, or Islam. Christianity has approximately 2,286,000,000 followers worldwide. This is 33 percent of the world. Christians are concentrated in North and South America, Europe, Sub-Saharan Africa, and Australia. Islam has approximately 1,524,000,000 followers worldwide. This is 22 percent of the world. Followers of Islam, known as Muslims, are concentrated in North Africa, Western and Central Asia, and Indonesia. Judaism has approximately 15,000,000 followers worldwide. This is less than 0.25 percent of the world. Followers of Judaism can be found most everywhere but are concentrated in Israel and North America. Buddhism has approximately 484,000,000 followers worldwide. This is 7 percent of the world. Buddhists are concentrated in China, Mongolia, Vietnam, Laos, Cambodia, Thailand, Korea, and Japan. Hinduism has approximately 901,000,000 followers worldwide. This is 13 percent of the world. Hindus are concentrated in South Asia. Jewish people do not believe that Jesus was the messiah or the son of God or that he was resurrected. Muslims follow the Five Pillars of faith. These are the declaration of faith (shahada), prayer (salat), almsgiving (zakat), fasting (sawm), and the pilgrimage (hajj). Followers of all three religions practice some type of fasting Sabbath All three religions honor a weekly holy day, typically involving prayer and worship with other followers. Christians believe in the sacraments as a process for preparing each believer to join God. Among these are baptism, by which people agree to worship God and become Christian. All three faiths hold that humans have a soul that will be judged when their bodies die Neither Jews nor Muslims are permitted to eat pork. They also have certain processes for preparing food properly, called kosher in Judaism and halal in Islam. Jews, Christians, and Muslims all believe in one, and only one, god The Star of David, also known as the Shield of David, has stood for Judaism from as early as the 11th century. The star has 12 sides for the 12 tribes of Israel. Jewish congregations are led by rabbis. in Christianity, the cross became a sacred symbol when Jesus was crucified. Its a symbol of his sacrifice and the resurrection. Christian congregations are led by priests, minister, or pastors. The star and crescent has roots that reach back to pre-Islamic times, but today it is a symbol of Islam. Muslim congregations are led by imams. n the Cave of the Patriarchs in Hebron, a cenotaph, or empty tomb, stands over the place where Abraham is believed to have been buried. Also in Old Jerusalem, the Church of the Holy Sepulchre is believed to be the location of Jesus crucifixion, burial, and resurrection. One of the oldest churches in the world, the Church of the Nativity in Bethlehem marks the location where the gospels of Matthew and Luke indicate Jesus was born.

Investment Management Training :: essays research papers

Is There a Return on the Investment of Management Training?   Ã‚  Ã‚  Ã‚  Ã‚   Customer satisfaction is no doubt dependent on a great number of variables. While it may be difficult to measure the actual benefits of training in terms of customer satisfaction, it appears essential to provide some type of training for employees to improve job performance. According to Smith (2001), staffs who have received formal training have been found to be up to 230 percent more productive than untrained colleagues working in the same role. Therefore, it becomes clear that the development of an organization’s human resources is a high priority for today’s business leaders.   Ã‚  Ã‚  Ã‚  Ã‚  Preparation of staff should be well-planned and supportive of the company’s goals. Successful companies build a consistent system with clear constraints, allowing employees some freedom accompanied with responsibility (Collins, 2001). Managers simply cannot rely on their employees coming in with all the necessary skills to be successful in their positions. Some may require more computer skills, while others need receptionist or time management skills. Individual needs should drive the training program and this is not always an easy task to accomplish. A one-size-fits-all approach to management training will most likely not be highly successful.   Ã‚  Ã‚  Ã‚  Ã‚  Larry Seldon, a Columbia University professor, stresses that â€Å"different customers have different customs, different values, different psyches and different needs.† (CNNMONEY, 2004) Each employee’s needs may be as individual as their customers’ needs. When dealing with human emotions and performance, the results are not always predictable or certain. A recent University of Michigan study revealed that customer satisfaction has declined about three percent over the last five years (CNNMoney, 2004). Good managers recognize that customer service and satisfaction are key elements to be successful in the business world. Training is one of the primary ways to increase employee skills and productivity. Employees need to be well-trained in current job skills, and learn new skills on a continuing basis in order to remain competitive (Fernald & Solomon, 1998). Employers need to provide ample opportunities for employees to develop their abilities.   Ã‚  Ã‚  Ã‚  Ã‚  A new method of providing this training is through the use of the Internet. Rural communities with small businesses do not have the resources available to provide ongoing, systematic training programs for their employees. William Shuffstall, County senior extension agent, maintains that small businesses need to stay viable because their communities depend on them to keep the local economy alive (Burlingame, 2002). The effective use of technology can assist these small businesses with effective and current training strategies.

My Hero for a humanities Class Essay

Create an Inductive and Deductive Argument Ignorance is the greatest cause of hatred and disorder in the world. The best way to combat ignorance is through the dissemination of valid and accurate information. The rise of the Internet has made vast amounts of information widely available to people around the world. It can therefore be said that the Internet is the greatest tool for increasing tolerance and harmony that has ever been created. This is a great statement of fallacious because it stating someone opinion instead of using valid facts to bag of this statement Ignorance is not necessarily a sign of lack of intelligence, and could also arise from a lack of education, so a person who is intelligent will be more likely to respond to . People have their own opinions, they aren’t just going to change them, even if they seem stupid to you. You must realize while you think they are ignorant and incorrect and that what they think is stupid or illogical, they would also think the exact same thing about what you think. If you want to actually go above this ignorance, you are going to have to be the better one and actually consider their opinions and see if you can see eye to eye or even agree with any of their opinions. If you find you just cannot agree with any of their opinions, but you understand their opinion then you can try to educate them on your own opinion. The Internet has vastly changed the way we communicate with friends and family. It has not only made things far faster and simpler but it has also created an entirely new vocabulary for most people. From our use of the Internet, chat rooms, etc. we have created a new way of expressing ourselves and that includes with our friends and family. Also, sharing pictures and special moments on video is greatly improved with the use of the Internet and e-mail capabilities. The Internet is creating tighter-knit friends and families on the whole just by making it possible to communicate in a far more instant way.

East Asian Economic Miracle

During 1960 to 1990, East Asia experienced a huge transformation in its economic development which is now widely referred to as the East Asian economic miracle. This was largely a result of the growth of eight economies known as the high-performing Asian economies, hereinafter HPAEs. These comprised Japan, Hong Kong, the Republic of Korea, Singapore and Taiwan, and the three newly industrialised economies (NIEs) which were Indonesia, Malaysia and Thailand. Prior to the 1960s, tensions between the regional powers were relatively high, which was evidently the result of several major events including the Sino-Japanese war, the wars between Japan and Russia and Japan and Korea and the invasion and colonisation of certain regions. After 1960, however, a radical adjustment in the interactions between these regional powers developed, arguably as a result of the creation of organisations such as the Association of Southeast Asian Nations (ASEAN) in 1967. This illustrates a significant relaxation of tensions which effectively promoted economic, social and cultural co-operation between the member states. 1] Nevertheless, the extent to which such tensions have diminished is questionable, especially in light of the effects of both the Cold War and the Korean and Vietnamese wars. In order to develop a valuable analysis which documents the political implications of the East Asian economic miracle, it is first necessary to briefly outline the precedi ng tensions which existed in order to measure the extent to which tensions subsequently relaxed. Prior to 1960, relations between China and Japan were undoubtedly hostile. In 1964, China fought Japan in the Sino-Japanese war over the control of Korea which resulted in the Japanese acquisition of Taiwan and the Liaodong province and the independence of Korea. In 1931 Japan had invaded Manchuria and was in occupation of this area by 1933. During this period atrocities such as the Nanking Massacre took place which exacerbated tensions between Japan and China. In 1905 Japan and Russia were at war, and in 1910 Japan had colonised Korea which significantly contributed to regional tensions in East Asia. Nevertheless, in the post-World War II era, most of the colonised egions in East Asia had become independent which arguably created the conditions for regional cooperation. However, when East Asia became engulfed in the Cold War, further tensions emerged between China and Japan. In addition, this also resulted in the creation of North and South Korea, and the Vietnamese civil war. Thus, these major events resulted in hostile tensions between the East Asian reg ional powers, which are arguably still visible today. During the 1940s, relations between Japan and other East Asian regions appeared to deteriorate, particularly as a result of the Japanese creation of the East Asia Co-Prosperity Sphere. Arguably, this seemed to enhance relations in East Asia by unifying the region and marking ‘the end of European control. ’[2] However, this was not a universally held opinion as many regarded this as political propaganda which served merely to disguise Japanese aggression and its underlying agenda for imperial domination[3]. It seems that it was not until the 1960s that relations between Japan and the South East Asian regions began to improve. Thus, the period between 1965 and 1975 ‘saw the maturing of Japan’s own economic position and the beginning of Japan’s large scale investment in the region. [4] Arguably, Japan realised the need for co-operation with the South-East Asian regions in order to take advantage of crucial raw materials such as rubber and oil. Consequently, Asia became the largest recipient of Japan’s manufacturing investment which resulted in large economic development in the South-East. Throughout this time of development, Sou th-East Asia introduced many tariffs and inducements in order to encourage domestic industrialisation and enhance relations throughout Asia. This large scale investment not only initiated rapid economic development, but it also highlighted the necessity of shared growth across the East Asian regions. As a result, east Asian leaders formally established the principle of shared growth, declaring that if the economy expanded all groups would benefit[5]. However, in light of the numerous stages involved in implementing such policies, serious coordination problems emerged. For example, it was first necessary for all the leaders to get initial support from economic elites and then to persuade them that it was necessary to share the benefits of his growth with the poor and middle classes. Secondly, it was essential to get the co-operation of the poor and middle classes by demonstrating how they would benefit from this growth. This was seen in Korea and Taiwan where comprehensive land reform was carried out, in Indonesia where rice and fertiliser price policies were used to raise rural incomes, in Malaysia where wealth sharing po licies were introduced, and in Hong Kong and Singapore where huge public housing programs were implemented. [6] Nevertheless, during this establishment of shared growth in East Asia the relations between the South-East regions continued to improve, and in 1967 the Association of Southeast Asian Nations (ASEAN) was created. Its founding members were Indonesia, Thailand, the Philippines, Singapore and Malaysia. After 1995, Vietnam, Laos, Myanmar and Cambodia also joined. ASEAN’s initial objectives can be summarised as follows: to ‘alleviate intra-ASEAN tensions, to reduce the regional influence of external actors, and to promote the socioeconomic development of its member states as a further hedge against Communist insurgency. [7] It is important to note that its creation had followed recent hostile relations between the South-East Asian powers, partly as a result of Indonesia’s confrontation with the new state of Malaysia, and the Philippines’ claim over the Malaysian state of Sabah. [8] Therefore it was an important step forward in the co-operation of these regional powers in which shared development could be promoted. In 1976, ASEAN adopted the Treaty of Amity and Cooperation (TAC) which called for ‘signatories to commit to â€Å"non-interference in the internal affairs of one another†, a â€Å"renunciation of the threat or use of force† and the settlement of disputes by â€Å"peaceful means†. ’[9] The signing of the TAC was a major attempt in further uniting the South East Asian regions and establishing an effective agenda for the political development of the ASEAN countries. Thus, it effectively created additional foundations for the cooperation in the economical development of the ASEAN region. In 1977, the Agreement on ASEAN Preferential Trading Arrangements (PTA) was signed in a bid to promote intra- ASEAN trading. Therefore, the PTA prescribed the use of a range of preferential tariffs, export credit support using preferential interest rates and long term quantity contracts. Nevertheless, the extent to which this agreement was effective is questionable. For example, it seems that some of the product groups that received preferential treatment often had little importance as imports. [10] As a result, it was agreed that the â€Å"ASEAN content requirement† should be reduced in order to allow preference margins to be increased. Furthermore, it was thought this would encourage negotiation of the reduction of non-tariff measures between ASEAN countries. [11] This resulted in three agreements[12] in which the primary objective was to boost the industrial cooperation between ASEAN countries. Subsequently, the TAC and other intra-ASEAN trading initiatives seemed to reduce tensions between the South-East regions, although it should be noted that intra-ASEAN trading accounted for only a small percentage of total ASEAN trade as most countries relied heavily on the export of primary goods to Japan and the USA. In addition, as trade became increasingly competitive it appears that trade relations also became more aggressive and hostile. However, it has been suggested that in the early development of the ASEAN, it ‘deliberately deemphasised the goals of political and military collaboration’[13] in order to avoid exacerbating opposition from communist led countries such as China. Consequently, many East Asia regions came to recognise that a market friendly strategy would be an effective way of enhancing the strength of their economies whereby governments would provide adequate investments in people. Furthermore, this would result in a competitive climate for private enterprise, allow the economy to remain open for international trade and maintain a stable macroeconomy. [14] Many of these policies were implemented in east Asian regions in order to promote economic development at a successful rate, combined with selective intervention in order to guide private-sector resource allocation. This created a competitive environment with the benefits of co-operation between the government and private sector. 15] In 1992 ASEAN leaders endorsed the idea of an ASEAN free trade area (AFTA) which would gradually lift the tariffs for manufactured goods produced by these members in order to enhance ASEAN economic cooperation. The AFTA would remove barriers to trade and investment and therefore also present an incentive for foreign investment. However, the AFTA did not fully achieve its objectives due to pre-existing low tariffs, and therefore only very few intra-ASEAN traders took advantage of the reduced tariffs. [16] Consequently, it seems that there were only minor noticeable improvements in relations in the ASEAN. However, in Northeast Asia, Japan, South Korea, Taiwan and the People’s Republic of China there was a massive economic development during the ‘East Asian Economic Miracle’ period. By the 1960s many regarded Japan as having a relatively mature industrialised economy in comparison with other East Asian countries. [17] During the 1950s and 1960s the idea emerged that Japan should use the flying geese model to support other Asian countries in their development. As a result, other regions would be able to replicate Japan’s developmental experience and adapt it to their own regions. For example, manufacturing with lower skill rates were transferred from Japan and invested into lower performing economies. Thus, by utilising Japan’s economic development experiences, combined with the major Japanese investment in other East Asian regions, the basis for regional economic cooperation was created. Prior to the development experienced by South Korea and Taiwan, both countries had possessed high trade deficits. It was only with the combination of heavy investment from Japan and aid received from the U. S. that they were able to offset these trade deficits and sustain high levels of investment. 18] This was achieved partly as a result of the South Korean and Taiwanese governments engaging in import substitution, which meant that instead of relying on importing nondurable consumer goods, they manufactured these products domestically. This was a highly successful strategy, and in order to further develop their market economies they switched to an export orientated s trategy following Japan’s example. This success has been shared with other export orientated economies which have achieved higher rates of growth in comparison to those countries that have pursued an import substitution strategy. Thus, despite the fact that tensions may have initially increased as a result of competitive economic relationships between Japan, South Korea and Taiwan, arguably the result has been a significant relaxation of regional tensions. In addition, powerful government agencies have also been instrumental in determining the tone of regional relations, as is evident from an analysis of policies implemented by South Korea’s Economic Planning Board, Taiwan’s council for Economic Planning and Development, Taiwan’s and South Korea’s model agency and Japan’s Ministry of International Trade and Industry (MITI). The MITI have many useful policy tools, including the power to screen foreign investment and regulate foreign exchange. Their main objective was to maintain national independence in industries such as energy, steel, computer and telecommunications, etc. whereby they attempted to guide firms towards what was termed ‘sunrise’ industries which included electronics and information systems. Thus, Japanese firms were encouraged to improve their technological capabilities and relocate industries where national competitiveness was declining, such as in Taiwan and South Korea. These industries tended to have high labour intensity, therefore by transferring these industries Japan was able to avoid increasing labour costs. Throughout this period of development Japan also provided Taiwan and South Korea with some of the necessary machinery and components which was essential for their industrialisation. Consequently, South Korea was recognised as the most successful of the East Asian regions, and in 1996 South Korea was ranked as the twelfth largest economy in the world. 19] Taiwan has also experienced remarkable success in terms of the growth of its economy and has achieved a decrease in inequality of income. The ratio of incomes between the top twenty percent of households to those of the lowest twenty percent was estimated to be 20. 47 in 1953 which subsequently decreased to 5. 33 in 1964 where this figure has remained stable since, and has only risen slightly over time. [20] Both of these economies have experienced successful development in implementing th e same growth strategies seen in Japan. With the effective use of foreign investments, improved technologies, government policies and agencies, South Korea and Taiwan have advanced their economies and become major competitors in the global economy. Thus, as a result of the aid and guidance received from Japan, relations between these regions have undoubtedly improved. Throughout the ‘economic miracle’ many of the East Asian regions received foreign investment from the U. S. and Japan. Western investment was viewed y some as part of a wider effort to build opposition against the communist-led countries within East Asia, such as the People’s Republic of China (PRC). Therefore the PRC sought investment from other countries with similar political ideology, such as the Soviet Union who were able to provide loans, technology and advisors in order for the PRC to improve its communication infrastructure and heavy industrial foundation. [21] Nonetheless, by the late 1970s the PRC had not achieved its initial goa ls and its economy was unstable. In the early 1980s the PRC government changed its strategy in order to achieve economic development by liberalising the economy. Therefore, the government began deemphasising the need for central planning and encouraging local initiatives, and later began to follow the models set by the East Asian regions that had already shown significant development. Consequently, the PRC opened its economy to foreign investment, technology and trade which ultimately strengthened its economic performance. Before the 1980s, relations between the PRC and other East Asian nations had been hostile, particularly as a result of their conflicting political ideologies. It may be argued, however, that after this boost in its economical development, relations between the PRC and other East Asian regions began to relax as a result of the increase in the cooperation of these regions. Nevertheless, some commentators argue that the PRC increased tensions as a result of its economic growth which encouraged competitive relations. Similarly, some security study texts indicate that the strengthening of the PRC resulted in moves to convert its economic power into political-military power. [22] Thus, it is questionable whether the development of the PRC’s economy merely exacerbated tensions with other East Asian regions in light of a perceived military threat. After the East Asian economic miracle, the introduction of ASEAN plus three (APT) has been recognised as significantly increasing regionalism within East Asia. Although not an official organisation, it is a basic framework for East Asian cooperation which has enabled the integration of the East Asian regions whereby the policy of mutual dependence is prioritised. Furthermore, after the Asian financial crisis in 1997, it seems that there have been further calls for the enhancement of East Asian cooperation which subsequently led to recent suggestions for the establishment of an East Asian Free Trade Area (EAFTA). However, it should be stressed that the creation of such an agreement will be difficult to achieve unless further policies can be implemented to support such a move, for example, an increase in sub regional agreements and bilateral FTAs. [23] However, it should also be noted that in 2001 it was announced that ASEAN and China would establish their own FTA before 2010 which suggests that the prospects of an EAFTA being established are not altogether slim. Thus, it is evident that there have been dramatic improvements in East Asian relations as a result of the increased economic cooperation. Nevertheless, as the APT group consists of both advanced market economies and less developed economies many tensions continue to exist which is arguably compounded by the existence of the conflicting political ideologies in countries such as the PRC and Vietnam. Nevertheless, it is undeniable that the East Asian Economic Miracle has transformed East Asia’s economies whereby many East Asian countries have now confirmed their position as major contenders in the global market. Throughout this period the HPAEs have grown at a faster rate than most other developing countries in the world. This has been a result of numerous factors, but in particular it seems that this success is largely attributable to the regionalism that has occurred across East Asia. It seems that relations between the East Asian regions have rapidly developed, especially as ‘those countries that have adopted a â€Å"trading strategy† have tended to outperform others that have given primacy to the ideas of military assertiveness and territorial control. [24] Thus, in order to compete in an increasingly global environment, it has proved to be essential to minimise military conflicts and establish trade relationships that will benefit the region as a whole. Many of the HPAEs have taken note of Japan’s developmental example, and accordingly, each have similar economic characteristics. Arguably, this has been instrumental in enabling organisations such as the ASEAN to emer ge, as well as encouraging the implementation of many major policies which have enhanced intra trade relations. Nonetheless, a deeper level of analysis reveals that major tensions continue to exist within East Asia, such as the North Korean threat, Japanese tensions with its neighbours and disputes between China and South Korea regarding historical legacies. Nevertheless, it seems that the cooperation and shared development which has resulted from the East Asian economic miracle has, at the very least, created the foundations for progressive trade relations in the future.

What are the Implications of the Different Types of Audio Me essays

What are the Implications of the Different Types of Audio Me essays The audio industry has evolved quite quickly over the past few decades. The record and the eight-track were quickly out dated by the cassette tape. Yet the cassette tape was quickly replaced by the ever-famous compact disc. Now, the compact disc seems to begin to be possibly replaced by many new forms of audio media. There are so many different amazing types of audio media on the market today that it is hard to distinguish the differences between them when it comes to sound quality, versatility, convenience, and price. In the early eighties, cassette tapes were a smash hit. They were a huge step up for the bulky LPs and eight tracks of the previous decade. For those who are unaware of an LP is, it is a vinyl record. People had tape players all over the place with towers upon towers of tapes. They had them in their cars, on their hips, in their homes, and even at their places of employment. You could listen to virtually anyone you wanted to anywhere you wanted to. This was thought to be the best audio invention of the century. Little did consumers know that audio specialists were working hard in their laboratories to create a media as round as a roll of toilet paper, the compact disc. This item was to contain what is called digital audio. If you were born in or before the eighties, you know that the word digital was a very technical, futuristic term. Consumers would be able to seek to their favorite track instantly without having to stop to check if the tape had reached or passed the poi nt they were looking for. Nor would they ever have to turn a CD over after having listened to the first half of the album. According to Larry Klein of Electronics Now, the compact disc was officially introduced in 1983. The cost of CDs has not fallen greatly over the past twenty years. They originally sold for about fifteen to twenty dollars (Klein). When first introduced, CDs were predicted to be a very hot item on ...

Chapter 10 Review

Organisms that can’t make their own food consumed the food molecules made by autotrophs, eat autotrophs or eat organisms that consumed autotrophs. 2. Explain how an organism’s metabolism is related to Earth’s carbon cycle. An organism’s metabolism is related to using energy to build organic molecules which contain carbon or breaking down organic molecules in which energy is stored. Because of this, an organism’s metabolism is a part of the Earth’s carbon cycle. This cycle make carbon compounds continuously available in an ecosystem and deliver chemical energy to organism living within that ecosystem 3. Describe how energy is released from ATP. ATP is made up of an unstable chain of 3 phosphate group because they are all negatively charged and thus repel each other. The energy that was stored is released during the breaking of the 3rd bond. This energy can be released as heat or power in cell in order to help perform chemical activities. ATP can be used to contract muscle cell, actively transport a protein or help make more ATP. Critical Thinking 4. Analyzing Patterns Explain how life involves a continuous flow of energy. The law of conservation of energy states that the total amount of energy is an isolated system remains constant. The consequence of this law is that energy cannot be created nor destroyed. Energy can be converted or transformed into another form of energy. We can’t create more energy. A certain amount of energy will always be lost, usually as heat, to the environment. Therefore, when we use glucose and other products to maintain our bodies, we generate heatas a â€Å"waste product†. Heat is also lost at each step as we go up the food chain, until all the energy trapped by plant is liberated as heat. Thus, energy does flow through life, or a system. At one point it was sunlight, at another point glucose, another point biomass consumed, and as heat finally. 5. Inferring Relationships How can the energy in the food that a fox eats be traced back to the sun? Fox in general or red fox may consume birds or small mammals like squirrels, rabbits and mice. And as we know, squirrels eat fruits, nuts and seeds. These are products of plants, or autotrophs. Autotrophs make their own food through photosynthesis. However, it would be impossible for them to produce organic compounds from CO2 and H2O without sunlight. Therefore, the energy in the food that the squirrels eat, which the fox eats, came from the sun. 6. Summarizing Information What is the difference between cellular respiration and the process by which energy is released from a burning log? When the log burns the chemical energy stored in wood molecules is released in a burst of heat and light. While during a cellular respiration, stored chemical energy is released gradually in a series of enzyme-assisted reactions. Cellular respiration takes place in the mitochondria. This process is the breaking down C6H12O6 and burning it with O2 in a combustion or water yielding reaction to form CO2 and H2O while burning a log is an exothermic reaction which is caused by the burning of Hydrocarbon in the presence of O2. Chapter 10 Review Organisms that can’t make their own food consumed the food molecules made by autotrophs, eat autotrophs or eat organisms that consumed autotrophs. 2. Explain how an organism’s metabolism is related to Earth’s carbon cycle. An organism’s metabolism is related to using energy to build organic molecules which contain carbon or breaking down organic molecules in which energy is stored. Because of this, an organism’s metabolism is a part of the Earth’s carbon cycle. This cycle make carbon compounds continuously available in an ecosystem and deliver chemical energy to organism living within that ecosystem 3. Describe how energy is released from ATP. ATP is made up of an unstable chain of 3 phosphate group because they are all negatively charged and thus repel each other. The energy that was stored is released during the breaking of the 3rd bond. This energy can be released as heat or power in cell in order to help perform chemical activities. ATP can be used to contract muscle cell, actively transport a protein or help make more ATP. Critical Thinking 4. Analyzing Patterns Explain how life involves a continuous flow of energy. The law of conservation of energy states that the total amount of energy is an isolated system remains constant. The consequence of this law is that energy cannot be created nor destroyed. Energy can be converted or transformed into another form of energy. We can’t create more energy. A certain amount of energy will always be lost, usually as heat, to the environment. Therefore, when we use glucose and other products to maintain our bodies, we generate heatas a â€Å"waste product†. Heat is also lost at each step as we go up the food chain, until all the energy trapped by plant is liberated as heat. Thus, energy does flow through life, or a system. At one point it was sunlight, at another point glucose, another point biomass consumed, and as heat finally. 5. Inferring Relationships How can the energy in the food that a fox eats be traced back to the sun? Fox in general or red fox may consume birds or small mammals like squirrels, rabbits and mice. And as we know, squirrels eat fruits, nuts and seeds. These are products of plants, or autotrophs. Autotrophs make their own food through photosynthesis. However, it would be impossible for them to produce organic compounds from CO2 and H2O without sunlight. Therefore, the energy in the food that the squirrels eat, which the fox eats, came from the sun. 6. Summarizing Information What is the difference between cellular respiration and the process by which energy is released from a burning log? When the log burns the chemical energy stored in wood molecules is released in a burst of heat and light. While during a cellular respiration, stored chemical energy is released gradually in a series of enzyme-assisted reactions. Cellular respiration takes place in the mitochondria. This process is the breaking down C6H12O6 and burning it with O2 in a combustion or water yielding reaction to form CO2 and H2O while burning a log is an exothermic reaction which is caused by the burning of Hydrocarbon in the presence of O2.

Marketing plan of Aberdeen Beach Regeneration Essay

Marketing plan of Aberdeen Beach Regeneration - Essay Example 3 1.0: Background Analysis and Assumptions 4 1.1: Background Analysis 4 1.2: Assumptions 4 2.0: Marketing Objectives and Strategies 6 2.1: Marketing Objectives 6 3.0: Alternative Plans and Mixes 8 4.0: Budget 10 5.0: Implementation Programme 11 References 13 Executive Summary This paper carries out a background analysis to provide assumptions for a market plan for the regeneration of Aberdeen Beach. The paper explains the marketing objectives and strategies of the regeneration of Aberdeen Beach market plan. Alternative plans and mixes are explained, in detail, to predetermine the budget requirements of the market plan. After drawing the market plan budget for the regeneration of Aberdeen Beach, a detailed implementation programme for the market plan is provided, at the end. 1.0: Background Analysis and Assumptions 1.1: Background Analysis Aberdeen Beach is endowed with abundant capital and a good regional market. Also, the regional market for Aberdeen Beach is ideal for market segmen tation. With a good city image and heightened technology, Aberdeen Beach is capable of occupying the market share rapidly. For instance, there are few amusement parks and large shopping centres within Aberdeen. Therefore, market penetration and acquisition of a significant market share is highly attainable. There is an opportunity of opening a new tourist market in Aberdeen Beach, and utilizing new investors who are available. However, building a large market centre and an amusement park for Aberdeen Beach is a time consuming project that requires long-term investment and collection of funds for that purpose. In addition, the project may be adversely affected by a change in customer preferences and slow market growth. Changes in industry policy and economic recession are potential threats to the regeneration of the marketing plan for Aberdeen Beach. Based on the marketing audit and the SWOT analysis for Aberdeen Beach, some assumptions have been made so as to be able to address sign ificant issues in the formulation of a supreme marketing plan for Aberdeen Beach. While drawing these assumptions, capabilities and the potential of achieving success in marketing for Aberdeen Beach have been taken into consideration. 1.2: Assumptions In the development of a market plan for the regeneration of Aberdeen Beach, assumptions that will enable the organisation achieve its objectives have been made. Through these assumptions, specific, measurable, achievable and time bound objectives for the regeneration of Aberdeen Beach have been developed. The first assumption involves the number of tourists. It is expected that the number or volume of tourists will increase by 10% every year. Therefore, in the first year, there will be a ten percent (10%) increase in the number of tourists who will visit the Aberdeen Beach. Secondly, it assumed that profits that will be earned from tickets will be considerable during summer, and revenue is expected to increase by 15% because there will be many people who would want to use the facilities within the Aberdeen Beach and pay for them. Currently, car parking at Aberdeen Beach is free. With an increase in the number of visitors, it is expected that a car parking fee will be introduced. Finally, through proper targeting, it is expected that 36% of the market share will be acquired by introducing an amusement park and a high-level bazaar in Aberdeen