Mcdonald vs Burger King Compare and Contrast Essay free essay sample

Proof #2: Burger King’s hamburger are 100% unadulterated and they fire heats up their burgers, while McDonald’s fries their meat. C) Evidence #3: McDonald’s cost marginally not as much as Burger King. IV) *Topic Sentence 3: Their responsibility with the network is unique. An) Evidence #1: McDonald’s has House Charities and they part with a huge number of dollars in grant, while Burger King’s duty is to offer acceptable support and items to their customers. V) Conclusion McDonalds versus Burger King â€Å"We see things not as they seem to be, yet as we are adapted to see them† â€Gandalf. A long way from what we envisioned, McDonalds and Burger King have enormous contrasts. A great many people see them similarly as a similar drive-thru eatery with various names. Consequently, â€Å"they make banters on which one of them is the unrivaled restaurant† (Jeffrey’s blog, 2012, BK versus MC). In spite of the fact that, they have likenesses, their disparities become obvious when we dissect profoundly their publicizing models, their food and their responsibility to the network. We will compose a custom article test on Mcdonald versus Burger King Compare and Contrast Essay or then again any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page A publicizing model is the arrangement of strategies that the organizations use to point out open their items. Two of the best drive-through eateries on the planet, McDonald’s and Burger King, put away a great deal of cash n their notices. Notwithstanding this, it’s very amazing that McDonald’s is more brilliant. At whatever point we hear brilliant curves, Ronald McDonald, Big Mac, or additional cheddar we consider McDonalds. Interestingly, what's our opinion about when we hear Burger King? Perhaps some person that show up in their advertisements, however next to that, there is nothing frightening about the publicizing their utilization. Their food is by all accounts the equivalent, yet it isn’t. On one hand, McDonald’s cheeseburger weighs less and has just 9g of complete fat, while Burger King’s burger has 12g and they have a saltier taste. Then again, Burger King’s meat are 100% unadulterated and they fire heats up their burgers, while McDonald’s fries their hamburger. That’s why they taste unique. Worry at cost, McDonald’s basic burger is lower at $0. 89 while Burger King’s has their basic burger at $0. 99. Their promise to the network is additionally extraordinary. McDonald’s has House Charities since 1974, where they help a huge number of guardians remain by their debilitated children’s side. Also, they part with a great many dollars in grant to help individuals who can’t manage the cost of school. Then again, Burger King’s has some researcher program, which help poor families. In any case, their solid responsibility is to offer acceptable support and items to their customers and to make each Burger King eatery a spot where individuals love to go regular. Despite the fact that McDonald’s and Burger King are extremely comparable, they are additionally extremely unique. The two of them attempt to have great publicizing yet McDonald’s is, more often than not, ahead. Their food appears to have similar sauces, yet once more, they are far away to be the equivalent. They show up as the two most well known drive-through joints the world over, however every single one of them has their own procedures and insider facts to be extraordinary. McDonald’s, other than the administration they offer, they help the network, and Burger King’s eateries are pledge to be the best with their customers. Indeed, they are inexpensive food chains, they are renowned, they are comparable; however they likewise have gigantic contrasts in their food, commercial, and the manner in which they help the network. Reference: (Jeffrey’s blog, 2012, BK versus MC). http://destinations. cdnis. edu. hk/understudies/043135/2012/01/24/burger-ruler versus mcdonalds/http://www. burgerlad. com/2013/01/mcdonalds-constrained release large tasty_4872. html http://www. thesaleslion. com/reasons-mcdonalds-pounds beats-burger-lord year/

Business Management Techniques (Manage work activities) Essay

Business Management Techniques (Manage work exercises) - Essay Example ining an associations targets, building up a general technique for accomplishing those goals, and building up a far reaching levels of leadership of plans to incorporate and organize exercises. The game plan is, at indeed the very same time, the outcome anticipated, the line of activity to be followed, the phases to experience and the techniques to be utilized. Getting sorted out is the interpretation of objectives and destinations into a structure of duties and authority. To sort out a business is to furnish it with everything valuable to its working crude material, instruments, capital, personnel’ (Fayol, 53). As it were it incorporates the assurance of what errands are to be done, which needs to do them, how the undertakings are to be gathered, who reports to whom, and where choices are to be made. The designing association, having been shaped, must be set going and this is the crucial order. This safeguards an effective procedure of the association. A chief in order - knows his kin, sees all understandings restricting the firm, sets a genuine model, utilizes a gathering to center endeavors a solitary way, doesn't get involved in minute subtleties, and imparts solidarity, vitality, activity and faithfulness in the representatives. Fitting is to coordinate the activities of all parts of the firm so as to build the effectiveness of the association. To fit is to co-ordinate all the exercises of concern in order to encourage its working, and its prosperity. Control comprises in affirming everything happens in congruity with the arrangement actualized, the headings gave and standards set up. It additionally calls attention to shortcoming and mistakes so as to amend at that point and forestall repeat. Run of the mill tasks that could be exposed to control, estimated so as to screen progress, included: Business Engineering Organization ordinarily utilize level authoritative structure where their is chain of importance of power and turns out to be simple for management, their is isolation of obligations and each

What Is the Definition of Marketing

What is the meaning of showcasing? What are the advantages and disadvantages of joining promoting into the business capacity of an association? Do you imagine that advertising ought to be incorporated as a component of the business association inside an organization? Clarify why or why not. What is the meaning of advertising? â€Å"Marketing is the acknowledgment and get-together of the human and social or social necessities. There is truly outstanding and littlest importance of the promoting is the gathering of wants beneficially† (Kotler and Keller, 2009, p. 5). What's more, the implications of promoting are given as performing activities that can achieve the targets by foreseeing consumer’s necessities to give required satisfying things, administrations, etc, by the Perrault, Cannon, and McCarthy (2009). What are the advantages and disadvantages of joining promoting into the business capacity of an association? The advantage or benefits of fusing promoting into the business capacity of an association is inevitably raised deals. Advertising can give numerous incredible musings to the yield or item: in any case, you ought to comprehend that how to acquire or scan out individuals for buying. A shared endeavor of the showcasing and deals can give proof of the achievement. The disadvantage or negative part of joining showcasing into the business capacity of an association is coordination and cooperation†. The business power or powers accept that the item chiefs set costs or deal apportion â€Å"too high†; or the exposure executive and a trademark director couldn't agree on a promoting activity or campaign† (Kotler and Keller, 2009, p. 24). So as to do amazingly well, all individuals from the general public or association should work in solidarity. Do you imagine that showcasing ought to be incorporated as a major aspect of the business association inside an organization? Clarify why or why not. Clearly, I accept that promoting ought to be taken as a component of the business association inside an organization. Advertising and Sales are interrelated to one another; Marketing does planned shopper to the business division. In immense advertizing associations, it is perplexing to depict as where showcasing split finishes and deals set out on.

Appearance, Attire, and Deception in Sidneys Arcadia - Literature Essay Samples

The roote of my desire Was vertue cladde in constant louse attire. (Arcadia, III) Attire and appearance lie at the heart of Sir Philip Sidneys The Countess of Pembrokes Arcadia, (or simply Arcadia) with the plot hinging on ideas of costume, shifting identity, and deceit; hardly surprising considering Sidneys part in the humanist tradition of the Renaissance era, in which writers revived ideas from classical antiquity. Greek literature and mythology relied heavily on ideas about disguise and costume, with the title of Ovids Metamorphoses for instance translating to books of transformations. Transformations here seems a term particularly relevant to Arcadia, in which a change of costume or clothing equates to a transformation of identity rather than a simple adoption of one; attire and appearance are important therefore in the sense that they are the primary deciding factor as to how each character is approached and treated by others. In book I, both of the princes adopt different identities as means to woo Pamela and Philoclea, bypassing the Dukes refusal to allow noblemen near his daughters. Musidorus remains male but dons the clothes of a shepherd and becomes Dorus, whilst Pyrocles dons womanish apparel and becomes Cleophila. Sidney describes at length the different parts of Pyrocles costume, and declares once he has finished dressing: and thus did Pyrocles become Cleophila. This statement is boldly declarative, and uses become rather than an alternative such as assumed the appearance of, making emphatic the link between appearance and identity. In this case, Pyrocles donning the clothes of a woman makes him a woman, and the sense of this is continued by Sidney throughout where he uses he female pronouns she and her for the duration of Pyrocles disguisement. Winfried Schleiner notes in his essay on transvestism in Renaissance romance that cross-dressing [†¦] highlights, possibly in all literary periods, ma le-female differences and cultural gender stereotypes, and that this is most evident when such garments are put on and when they are removed. Indeed, the dressing of Pyrocles in womanish apparel is significant in the attitudes it projects about the female identity. Once Pyrocles has become Cleophila, Musidorus could not satisfy himself with looking upon him, so did he find his excellent beauty set out with this new change, like a diamond set in a more advantageous sort. Sidneys diamond similie suggests that whilst Pyrocles possessed good qualities as a male, his beauty is only realised fully in his adopting of a female identity. However, even more revealing is Musidorus being unable to satisfy himself with looking upon [Pyrocles/Cleophila.] Satisfy carries an overtly sexual connotation, and paired with looking, objectifies Cleophila. Pyrocles has been decorated with finery in order to become a woman, velvet buskins, a very rich jewel, and has become a kind of decoration in doing so; Musidorus instantaneously objectifies Cleophila where he would not have Pyrocles. The importance of costume here is not, therefore, only in its ability to completely alter identity, but also in its revealing of cultural attitudes towards gender. Furthermore, the appearances and attire of Pamela and Philoclea are the fore-frontal features ascribed to them by Sidney, with very little aside from this revealed about them. Most importantly, Pyrocles and Musidorus fall in love with the mere images of the two women before having actually encountered or met them: she [Philoclea] drawn as well as it was possible art should counterfeit so perfect a workmanship of nature. Even after the princes have met the women, Philoclea is described as Pyrocless beloved image, image contributing to the impression that Philoclea is decorative and to be enjoyed visually, rather than existing in her own right. Throughout Arcadia, these two women are praised mostly on their physical appearance, telling us not, perhaps about the importance of this in the story, but again showing us a reflection of the importance and emphasis placed on the appearance of women in Sidneys own era, in which the appearance of women was considered the most important part of t heir identity. Although costume and disguise may seem intrinsic to identity, the relationship between appearance and attraction is slightly different. There are hints of attraction between Phioclea and Cleophila upon their first meeting despite Philoclea being under the impression that she is female, where her cheeks blush and is said to have already [†¦] concieved delight in Cleophilas presence. Because the reader is aware of Cleophilas intent to woo Philoclea, the word already used here allows us to assume that this moment in the book marks the beginnings of Philocleas attraction towards Cleophila/Pyrocles. Similarly, Gynecia falls in love with Cleophila whilst she is in a womans attire, though this is in the knowledge that she is in fact Pyrocles disgused: take pity of me, O Cleophila, but not as Cleophila, and disguise not with me in words, as I know thou dost in apparel. Though one might argue that Gynecias attraction here is to the male Pyrocles and not the female Cleophila, it is fair t o appreciate that she fell in love despite Pyrocless female disguise, suggesting that attire and appearance is not necessarily important in its relation to attraction. However, in most cases, the love or attraction various characters have for one another cannot be truly expressed or realised until true identity is revealed. For instance, in book II, Philoclea states: O Cleophila (for so I love to call thee, since in that name my love first began, and in the shade of that name my love shall best lie hidden[.]) Here, whilst Philoclea admits that it was whilst Pyrocles was acting as Cleophila that she fell in love, this realisation comes chronologically after she has discovered that his true identity is that of prince Pyrocles. The effect of this is that Sidney avoids the suggestion of homosexual love between Philoclea and Cleophila, a highly controversial subject for the heteronormative climate of the renaissance era. Because the two princes in the book alter their appearance and identity as means to win over or woo the Dukes daughters, appearance and attire in the book is naturally bound up with deceit. At the very start of book I, the reader is introduced to the princes as virtuous and noble characters with all good inward and outward qualities who defended ladies from wrongs and restored rights to disinherited persons, establishing at the outset the readers expectations for their behaviour and endeavours to come. Despite this, Blair Worden asserts in The Sound of Virtue that [The Princes] confront a test which confounds the expectation of chivalric adventure which our introduction to the princes has created in us. Indeed, In the very act of disguising their true identities, the princes are being deceptive. However, the ultimate act of deception appears where Dorus/Musidorus deceives Dametus, Mopsa and Miso almost simultaneously in book III in order to escape with Pamela. While this appears to be deceptive and therefore contradictory to the apparent virtue of the princes, the reader is encouraged to support their intentions as they are presented as noble and essentially good, whilst Dametus, Mopsa, and Miso are not. Worden comments that the relationship of inner thought or feeling to the outward expression of it is a constant subject of [Sidneys] fiction, where disordered ethics and emotions are invariably reflected in disordered countenances. What this essentially suggests is that in Sidneys writing, outward appearance is important in what it reveals about inner goodness; an idea exemplified in later works of the Renaissance period. In Miltons Paradise Lost for example, after Satan and his army are cast out of heaven and therefore are no longer good in the eyes of God, their appearance is altered so that Satan barely recognises his fellow angels: but O how falln! How changed[.] In Arcadia, Dametus, Mopsa and Miso are all depicted by Sidney as repulsi ve, Dametus with a nose turned up and seven or eight long black hairs upon his chin, and Miso with a splay foot. Whereas the reader is introduced to the princes as goodly and noble, the depiction of these three characters enables us to exclude them from our sympathies as their outward appearance is indicative of their inner evil. Appearance and attire in Arcadia are therefore also important as being indicative of inner character or good. Appearance and attire are essential to the plot and understanding of Sidneys Arcadia. Undoubtedly the most important disguises adopted are those of Pyrocles and Musidorus, who become Cleophila and Dorus then Timopyrus of Lycia and Palladius of Caria, these costumes altering their identity and enabling them to first obtain access to the women they desire, then conserving the honour of their royal parentage. Appearance is key to identity, with inner good being externally expressed and inner bad being externally expressed and where Pyrocles, by simply donning womens clothes appears (at least initally) as unquestionably a woman. It is perhaps, as Schleiner tentatively suggests, that Arcadia belongs to a fairy-tale world where anything is possible, set in Greece and telling the tale of Princes, Princesses, and nobility.

The Positive Benefits Of Pornography - 1051 Words

The seemingly main reason there is such a growth in pornography is because almost everyone and everything in the world reacts and relates to sex. People are captivated with sex and are excited to see something new or something they have not seen before. People are always looking for a version of sex that is new or more different than the norm. This is soaring the pornography industry to grow one step further in order to keep up with the demand. Furthermore, pornography materials are available in many ways and methods. Debates have been made of the positive benefits of pornography for both men and women. MacKinnon(1981),claims that if pornography is part of a person s sexuality, then that person has no right to their sexuality. Women who enjoy pornography claim that they are offended by these kinds of attitudes, and want it recognized that they get more out of pornography than oppression. As writer Sallie Tisdale writes, pornography tells me the opposite [of what Dworkin and MacKinnon tell me]: that none of my thoughts are bad, that anything goes. The message of pornography is that our sexual selves are real. (Strossen, 1995). (Albee, 2002) Ethics Pornography is a social problem and is a commodity brought into existence by certain characteristics of a highly developed civilization. The problem with pornography is that any form of censorship or downplay cannot solve it. It is difficult to draw the line between ones right to express their ideas and or opinions or sexualityShow MoreRelatedPros And Cons Of Pornography731 Words   |  3 PagesLuke Smith Mrs. Keeth English II 1 November, 2017 Pornography Positives According to the article â€Å"Is Porn a Threat to Public Health?† â€Å"The average age at which boys first see porn has dropped to 10 1/2† (Lo, par. 2). Many Americans would see this statistic as problematic and believe such exposure harms young people. However, there are several reasons why that is incorrect. Benefits of exposure to pornography include the minimal risks of sexual behavior and watching porn, the criminalization of seriousRead MorePornography Is A Complex Topic1541 Words   |  7 PagesPornography is a complex topic. Anti-pornography feminists claimed that pornography may cause serious problem such as gender inequality thus opposed its existence while other feminists may disagree with those claims from disagreeing with one specific argument to claiming the benefit of pornography (Saul, 2003). Historically, women are excluded from the pornography consumer sitting. However, some people began to notice the demand of women in sexual fantasy space in thi s century. Some published worksRead MoreThe Ethical And Morality Of Pornography916 Words   |  4 PagesFor many years there has been a lot of arguments about the ethical and morality of pornography. pornography is defined as the depiction of erotic behavior intended to cause sexual excitement. When it coms down to pornography, people have different opinions about it. Some people might find it moral because it gives them pleasure and it satisfies them physically. some individuals see it as a form of art that describes the figure of a human body in an artistic form. Others see it as immoral becauseRead MoreFeminism and Pornography: Differing Views1221 Words   |  5 PagesThe pornography debate has been an issue within the feminist movement that has been pushed to the periphery in recent times. It is not as widely seen on the main stage of the feminist agenda and this may be because of a division in feminist thought with regards to pornography. Generally speaking, there are â€Å" pro-sex† feminists who believe that women have the right to do what they wish with their bodies and there are â€Å"pro-censorship† feminists who believe pornography is inherently degrading and violentRead MoreSexual Ethics Essay1160 Words   |  5 PagesEssay Outline Thesis – Multiple outlooks have been taken on the ethics of pornography, and the means by which it may either negatively influence power in sexuality, or actually provide some sort of social value and worth. These different ethical perspectives display the flaws in the industry and what it represents; yet they also end up proving the fact that it can be modified with positive influence and that pornography is not something to be deemed utterly unethical. Intro – Power and sexualityRead MoreA Comparative Study Between Chinese Consumers And Non Consumers Opinions Towards Pornography717 Words   |  3 PagesFemale Consumers and Pornography: A Comparative Study between Chinese Consumers and Non-consumers’ opinions towards pornography. Society is increasingly sexualizing women bodies in advertising and porn is now a large industry. It is estimated that many young men watch or view porn in magazines or online, but there is little information on women’s use of porn although there is an small industry catering to women’s needs. So I want to find out what you think about porn and how you might use it andRead MoreThe Sex Industry Has Become A Global Multimillion Dollar Industry1580 Words   |  7 Pagesdollar industry that involves international sex trade, child prostitution, and pornography. This social problem has affected many individuals, is it considered a norm violation/deviance behavior. These involve promiscuous behaviors which are viewed as deviance. These behaviors and those who engage in them bring violence to society and it is not considered a social norm. Though some societies believe that the sex industry benefits the economy, others believe that it is a deviant career. Woman is the domina ntRead MoreThe Sex Industry Has Become A Global Multimillion Dollar Industry1579 Words   |  7 Pagesindustry that involves international sex trade, child prostitution, and pornography. This social problem has affected many individuals, is it considered a norm violations/deviance behavior. These involve promiscuous behaviors which are viewed as deviance. These behaviors and those who engage in them bring violence to society and it is not considered a social norm. Though some societies believe that the sex industry benefits the economy, others believe that it is a deviant career. Woman are the dominantRead MoreThe Effects Of Internet Pornography On College Students1122 Words   |  5 PagesInternet pornography is an easily accessible and highly affordable form of entertainment for anyone and especially the average college student. It is, arguably, a very simple and entertaining way to pass the time between exams, essays, and classes. However, pornography can pose a threat to colle ge students because they do not realize the very powerful underlying danger that is present every time they click â€Å"Yes, I am over 18 years of age.† Much debate exists over whether or not Internet pornography isRead MoreThe Effects Of Teen Sexual Activity On The United States986 Words   |  4 Pageswedlock, compared to 1 in 20 in 1960. We have realized that since they stopped teaching sexual education in high schools that the teen pregnancy rates have increased. Today, we will talk about the bad vs. good in sexual education and now it will benefit students in the future. (Transition: Now that we talk about the introduction of sex education, let look at the problems of sex education.) I. There are 95% of Americans that have had pre- marital sex. A. There is only 5% of sex - education taught

The British And Indian War - 1207 Words

The American colonies declared independence in 1776 with the declaration of independence however it did not originate in 1776 Begin your essay by discussing the events prior to 1776 that led colonists to demand separation from Britain? The events prior to 1776 were pivotal moments that led to the Independence in 1776. The major event that shaped distain for the British was the French and Indian war (1756-1763). Before the French and Indian war the colonist under the British rule had been left alone to govern themselves. Directly after the war is when the British to force political and economic control on the colonies. There was great debate over who should pay off the war debt. Britain was forcing the colonist to pay, even though they felt that it was not their war. In result the British passed taxation acts on goods these acts were the Sugar Act and the Stamp Act. The colonist tried to push back on the British control. Colonist began boycotting goods imported into America. Boycotting became a major role in defiance against actions against Britain. Compared it to being s â€Å"slave† Representation became a key issue within the colonies. Colonists were unhappy how they were being represented within the Briti sh rule. This is where the â€Å"taxation without representation† comes into play. In 1766 Britain passed the Declaratory Act that said that parliament had the authority to pass laws for the colonists. This is an example of a â€Å"virtual† governing where lawmakers in England madeShow MoreRelatedThe British And Indian War913 Words   |  4 PagesThe first successful British settlement, motivated for economic gain, in the New World was in Jamestown, Virginia in 1607. Religious persecution in England, due to the Protestant Reformation, encouraged the settlement of the Plymouth and Massachusetts Bay Colony. The popularity for economic and religious opportunity sparked exoduses such as the The Great Migration. The British westward expansion led to land claim disputes with the French on the Ohio River Valley and the Northeast fisheries. TheseRead MoreThe British And Indian War930 Words   |  4 Pagesstart of it all in 1763 when the French and Indian war also known as th e seven years’ war ended and that is extremely important because it led to very unhappy colonists because the British were broke. The French and Indian war was fought between the British and French on American soil and the British felt the colonists should pay them back for protecting them, The colonists majority of them being British were more than happy to assist in paying for the war but it was important that they be representedRead MoreThe British And Indian War1387 Words   |  6 PagesDuring the mid-1700’s, British American Colonists were questioning their place under the British crown. The Colonists were proud to be part of the British Empire, especially after the recent victories of the French and Indian war, which gave the colonist a sense of pride and patriotism. However, British Parliament began to pass legislation that had laid a burden on the Colonists, as well as oppression. The Colonists began to question the power of the Crown, whether the idea of a Mo narchy was a primitiveRead MorePerceptions Of The British And Indian War860 Words   |  4 Pageshistory; haven wars, such as the French and Indian war altered the perception of the American people. These events and people were some of the many facilitated with the defiance against the British. This essay will show how these altercations turned the People of the newly formed Americas against the British. During the time of 1763-1775 one of the occurrences that happened to affect the colonist’s perception of the British was the French and Indian War. The amazing thing is that the war itself wasRead MoreThe British Of The French And Indian War1247 Words   |  5 PagesPage 1 of 5 It’s 1763, and the British just signed a treaty with France to mark the end of the French/Indian War (1756-1763). The British were very happy with themselves, they just won the war! They had a right to feel victorious. The British colonies in North America were in that same happy, victorious state. But all that happiness and victory came at a price. The price was the immense debt that Britain faced after the war. The British needed money fast to pay off their debt. But tensions aroseRead MoreImpact Of The French And Indian War On The British Government941 Words   |  4 PagesIV.The Impact on the British The impact of the French and Indian War on the British government was a positive move toward the dominance of Europe after the defeat of the French in terms of the colonization of North America. During this time, the British had incurred a massive military debt, which had to be paid over the long-term. To ensure that the British government did not take full responsibility for the debt, the British colonists were expected to pay back the debt burden through extremelyRead MoreBritish Imperialism During The First War Of Indian Independence1502 Words   |  7 Pages British Imperialism in India Indian Independence The first war of Indian independence, also known as the 1857 Indian Rebellion, was not the first challenge to British authority, but it was the first to feature widespread coordination with increased levels of intensity. It began with discontent within the sepoy army. Initially, the soldiers were well-paid to keep their loyalty, but the EIC failed to increase pay to match the inflation rate. Moreover, they received the impression that the CompanyRead MoreCompare and Contrast He American and British Views Regarding the French and Indian War.604 Words   |  3 PagesThe French and Indian War, was a war fought between France and Britain. The war was the product of an imperial struggle, a clash between the French and English over colonial territory and wealth. Great Britain claimed that the French provoked war by building forts along the Ohio River Valley. Virginia’s governor sent a militia to the French and Native American allies. The war started out badly for Great Britain, a bout 2,000 British and colonial troops were defeated by the French and Native AmericansRead MoreFrench and Indian War in the Colonies Essay1657 Words   |  7 Pagesinternal peace. The Iroquois Confederacy had a great impact in the war of the French and Indian war. The Seven Years War (called the French and Indian War in the colonies) lasted from 1756 to 1763, forming a chapter in the imperial struggle between Britain and France called the Second Hundred Years War. In the early 1750s, Frances expansion into the Ohio River valley repeatedly brought it into conflict with the claims of the British colonies, especially Virginia. When Robert Dinwiddie, LieutenantRead MoreThe Causes And Effect Of The French And Indian War1146 Words   |  5 Pages 7 Years of War â€Å"French and Indian war† What were the causes and effect of the war? Ana Rodriguez 6th period 03/10/15 What were the causes and effect of the French and Indian war? â€Å"The last and most destructive of the four Anglo-French Colonial wars, was the French and Indian war.† Took place on 1754-1763, and together with its European counterpart, the seven years war. Start with England declaring war on France, and ending with the Treaty of

Assessment of Australian Agricultural Company †MyAssignmenthelp.com

Question: Discuss about the Assessment of Australian Agricultural Company. Answer: Introduction Australian Agricultural Company Ltd is engaged in the production and selling of beef in Australia. The company is engaged in ownership, operation, and development of the pastoral properties that includes the production of beef, backgrounding and cattle processing and production of various other beef. This company has strong aim to be a global icon in the premium product of beef (AAC, 2016). AACo is striving to attain a formidable position in the market and hence, is executing strategy for the enhancement of the operational efficiency. Assessment of accounting policies and estimates It can be seen from the financials of the company that assumptions, estimates, and judgments are regularly evaluated with respect to contingent liabilities, revenue, assets, and liabilities. The company bases its estimates and judgments on experiences and other factors that are believed to be reasonable based on the scenario, and the result of which forms the basis of the carrying amounts of liabilities and assets that are not apparent from the sources. In relation to significantaccounting policies of the company, it can be viewed that its property, plant, and equipment (PPE) are recorded at historical cost minus accumulated impairment losses and depreciation (AAC, 2016). Such expenses comprise of the cost of replacing parts that are effectively eligible for capitalization during the occurrence of the expense of replacing the parts. Besides, the assets of the company are depreciated on a straight-line basis over the estimated useful life of the asset. Further, the company assesses su ch lives continuously (Lusardi Mitchell, 2013). Furthermore, in relation to trade and other payables, the same are carried at amortized cost and owing to their short-term nature, the same is not discounted. Nevertheless, within thirty days of recognition, the unsecured trade payables are paid off while others are paid within ninety days. The nextaccounting policy is associated with borrowings wherein the company identifies its borrowings on the date of the trade when the company becomes a party to the contractual instrument provisions. Moreover, during discharge of such obligations, the same borrowings are derecognized. On a whole, the borrowings are recognized at fair value fewer transaction expenses that are attributable to the issue of various instruments and are measured at amortized cost (Davies Green, 2013). Lastly, in relation to consumables and other inventories, the company values the same at lower of cost and total realizable value. Further, the cost is ascertained based on an average cost basis and consists of purchase cost including transportation costs. In the ordinary course of business, the net realizable value forms the basis for the computation of estimated selling price less estimated completion price and estimated costs required to make the sale. Overall, the company also offers important details regarding judgments on lease assets and liabilities in its notes to financial statements (Ball et. al, 2012). The companys estimates of suchaccounting policies depend on various past factors and other concerns that are not visible in the other segments of the annual report. However, estimates that can result in a material risk of adjustment in the carrying amounts of the liabilities and assets of the company form part of the financial statements. In relation to the above policies and estimates, it can be seen that TPI Enterprises Ltd also takes into account the same in order to continue its affairs. For instance, in relation to PPE, the company measures its items of PPE at cost minus accumulated impairment losses and depreciation. Further, its PPE are depreciated on a straight-line basis over their estimated useful lives. Therefore, it can be said that the competitors of the company use such policies and estimates and there is surely some flexibility in the estimates and policies as it allows it to sustain in the market especially with such huge competition (AAC, 2016). Overall, theaccounting policy and strategy adopted by the company is sufficient and effective enough to allow it enhance its affairs in the proper direction. However, it can be witnessed from the financial statements of Australian Agricultural Company that financial instruments were not properly disclosed in the annual report based on AASB 9 standards. This po tential red flag can make the company lag behind. Furthermore, based on the AASB recommendations, it can also be viewed that the company has not reported on the major responsibilities of its key managerial personnel who plays a key role in governing the entire procedure of business. Apart from such issue, the annual report does not accommodate any other red flag. Assessment of the quality of accounting Accounting has become clearly political in nature with the due passage of time and several pressures play a key role in influencing the accounting environment. Furthermore, the amounts provided by an accountant have a direct effect on the financial aspect of the company. Hence, the accounting rules have in turn a direct effect on the behavior of humans. The statement depicted by the Australian Agricultural Company clearly shows that the annual report of a company can easily misguide the decisions of investors and can influence many others too (AAC, 2016). Thus, it is the prior duty of the interested parties to trace the safety of the financial score of the company. Hence, this shows that the process is clearly political in nature. Furthermore, it can also be observed that the setting of accounting standard can be a product accommodated with actions that are clearly politically based. This is because of the fact that social decisions rely on such standards and these can exert pressure on the restrictions and as a result, must be accepted by the influenced parties. Besides, attaining acceptance is clearly a complicated process that requires marketing skills in the area of politics. Nonetheless, the disclosure restriction can be considered as the outcome of political pressure that prevails betwixt the setters of standards and the managers. Furthermore, a status quo is always present that focuses on the standards of the past tenure. Moreover, the management plays a role in taking rational decisions after the standard-setters frame a new regulation proposal. However, after a huge denial, the proposal is directly rejected because the standard setters lose their control over the matter and thereafter, a new proposal is framed that is enhanced over the status quo (AAC, 2016). Overall, the major concern that can be seen from the case of this company is that political accountability does not produce a standard-setter that can assist in the maximization of regulations of welfare. Thus, in relation to this, it can be seen that accounting choices can easily assist an entity in gaining exposure, thereby playing a role in assisting the stakeholders and related parties to ob tain an enhanced view of the entity. Furthermore, adoption of proper and efficient policies can also assist in better decision-making. Overall, disclosures are the need of the hour that can enable the parties to ascertain the actions and strategies of a company so that an enhanced perception can be gained regarding the matter. Investigative report Major accounting policies selection Australian Agriculture Co. manages the risks associated with the financial exposure in accordance with their financial risk management policy. The board has authorized the audit and risk management committee to identify and control the risks associated with the finance. Different methods are used by Australian Agriculture Co. to manage different types of risks exposure (AAC, 2016). The various risks which arise from the financial instruments used by Australian Agriculture Co. are liquidity risks, interest rate risks, credit risks, foreign currency risks and commodity risks. Liquidity Risks The financial liabilities and the ability of the company to pay its dues timely i.e. as and when it falls due leads to the liquidity risks. The liquidity crunch can be mitigated if the company keeps a close watch on the expected monthly cash inflows and outflows. Australian Agriculture Co. main objective is to keep a balance between the continuous funding and the flexibility which the company enjoys through convertible notes, bank loans, and financial leases. Due to both the operating and financing activities, Australian Agriculture Co. faces an exposure to the counterparty credit risk. The changes in the counterparty credit risks materially do not impact the effectiveness of derivatives in hedge relationships. Interest Rate Risks The Treasury policy of Australian Agriculture Co. maintains half of its borrowings at fixed interest rates. These interests are amortized over the period of the borrowed funds. The company uses a combination of both the variable and fixed rate debt. At specified intervals, the company also enters into interest rate swaps that are the difference between the fixed interest rate and the variable interest rates. The company keeps on analysis its exposure to interest rates by continuously reviewing the combination of fixed and variable interest rates, renewals of its existing financial positions and alternative financing. Australian Agricultural Co entered into interest rate swaps for $200 million in 2014. As per the expiry date of the bank facility, the swap was expiring on 30th of June 2018. The accounting standards requirement was also met by the company with respect to the hedge accounting as the interest rate swaps were designated as effective (AAC, 2016). After the interest rate swaps also 70% of the borrowings of the company was carrying a fixed rate of interest. Credit Risks Financial assets of the company comprise of trade, cash, derivate instruments and other receivables of the company. The credit risks arising from the financial assets of the company. Australian Agriculture Co. does not hold any credit derivatives which can offset its exposure to credit. Australian Agriculture Co. faces its major credit risk in Australia and that too in the meat processing industry (Williams, 2012). The company has a limited number of customers who are quality customers and maintains a strong relationship with them. The company frequently maintains a check on the receivable balances as a result of which the company has not faced any significant bad debt issues. In order to lower its credit risks the company also pays the insurance premium on an annual basis in respect of certain overseas sales (Samaha Dahaway, 2010). Accounting flexibility Assessment It can be witnessed from the annual report of AAC Ltd that its inventory values can easily provide accounting flexibility to the managers so that they can utilize the same for the benefit of the management. The reason behind this can be attributed to the fact that its inventories are measured in terms of net realizable value that can easily provide some flexibility to the managers because it relies on an estimated factor. Therefore, such accounting flexibility is clearly open for distortion by the managers as they can manipulate the income of the company by decreasing its expenses so that the EBITDA is automatically enhanced. As a result, the investors can be easily misguided and the managers can easily obtain benefit from the same. Hence, such flexibility must be lessened to an extent that can minimize the chance of distortion by managers (Needles Powers, 2013). Accounting strategy Assessment The companies Act of 2006 is adhered to by thee Australia Agriculture Company and other General Accepted Accounting policies are followed. The entire industry follows the same accounting policies and hence, the peers and the competitors are following the same action. The historical cost conventions are utilized by the company (Nobes Parker, 2010). Managers should be provided with the correct compensation so that there is no fraud and the decision making is on a continuous basis. As per the annual report, it can neb commented that the policies and the estimate were regularly followed by the company (Harrison Colle, 2010). Disclosure quality Assessment Financial disclosure on income statement, liabilities, and assets are very significant because these offer adequate insights on the accrual system of accounting. Moreover, in relation to the annual report of Australian Agricultural Company Ltd, it can be seen that the company has not only disclosed material information relating to its accounting policies in line but also provided relevant footnotes to support the same. It can be seen that the new amendments have been made in the year 2015 for the proper presentation of financial statements. Disclosures regarding such amendments have been adequately offered so that the company can efficiently portray comprehensive income of the present year (AAC, 2016). The company in its annual report has also disclosed the requirements of the consolidated financial statements through AASB 10 standards. The company has also disclosed important details of its joint arrangements that have been conducted through the utilization of some other vehicles. F urthermore, it has also disclosed interests in other companies wherein the direct company business is not related to its major operation in the reporting period. (Hanlon et. al, 2014) The company in its annual report also portrays the disclosed items such as improvement in the economic and operation-related financial issues. Besides, important disclosures relating to payables, receivables, inventories, and derivatives are also disclosed by the company in its annual report. Further, adequate footnotes have been given in relation to all these disclosures in order to make sure that the provision of such information does not misguide users. In addition, proper footnotes in relation to the recognition system of PPE (Property, Plant, and Equipment) together with their impairment values have also been provided for better understanding. Nonetheless, it can be easily said that the disclosures made by the company is adequate in nature and the footnotes that are associated with the same are sufficient to assist the users in proper decision-making. However, if the company had not been negligent in the provision of information relating to its financial instruments in the annual report, then the disclosures would be more efficient in nature (Ormiston Fraser, 2013). Nevertheless, in relation to segment reporting, the company has not provided relevant details regarding its segments in the financial report. The reason behind this can be attributable to the fact that under the new reporting framework, the same has not been presented because of variation in the structure of financial details offered to the board of directors and the senior management. In contrast to this, the company has reported adequate disclosures of its segments in the Appendix 4E that can be accessed by the users from the respective website of the company (www.asx.com.au). Besides, the only reportable segment to the KMP done by the company is defined in AASB 8, being the sale and production of beef. The company has not disclosed other segments and they are available at the companys website. Overall, the framework of GAAP does not entirely reflect the key measurement of the companys success even though the company has properly facilitated some material disclosures ( Meeks Swann, 2009). Potential Red Flag When it comes to the operations and the functioning it can be said that the company has managed the affair in a proper fashion. But there are some red flags in the annual report. The financial statement of the Australian Agricultural company projects that the financial tools are not disclosed in the annual report. The organization should follow the standard of AASB 9 however; there is a deficiency in this regard. Moreover, the AASB recommendations states that the company should report the responsibilities of the key managerial personnel however this part is missing. Conceptual frameworks compliance It can be seen from the annual report of Australian Agricultural Company Ltd that it has properly complied with the requirements of the conceptual framework in order to make sure that its reporting quality is adequately enhanced. For such purpose, the company has adhered to all the required qualitative characteristics of the conceptual framework, which is a positive indicator in terms of corporate financial reporting (Ormiston Fraser, 2013). For example, in relation to materiality concept, it can be seen that the company has complied with the ASX Corporate Governance Principles and Recommendations to make sure that the independence of directors is properly evaluated by the Board and that may possess an ability to influence the decision-making ability of the users. Furthermore, the company has also offered significant information regarding its reportable segments that are material in nature, and that can easily mold the decisions of users. In addition, for compliance with the faithfu l representation concept, it can be seen that the company has disclosed the statement of its directors wherein they exert that the financial statements have been prepared in accordance with the Corporations Act 2001. Moreover, for assurance of such statement, the directors have disclosed that the company has adhered to section 295A of the Corporations Act 2001 to make sure that the financial information forming part of the annual report are faithfully represented and does not accommodate any fraud or errors. Furthermore, in relation to the fulfillment of relevance in the annual report, the company has disclosed material details of the various risks encountered by it so that the stakeholders can easily ascertain the kinds of risks that pose a threat to the affairs of the company. With the provision of such information, the quality of reliability can also be fulfilled because after knowing the kinds of risk that surround the company, they are in an efficient capability to determine wh ether they should invest in the company or not (Ibrahim et. al, 2013). Besides, the company has also disclosed information regarding its other income apart from its major income so that its effectiveness in the market with respect to such segment can be ascertained and thereafter, investment decisions can be easily facilitated on the part of investors. Furthermore, it can also be seen from the annual report of the company that the concept of prudence, which is a revision of the conceptual framework for financial reporting, has also been fulfilled (Hribar et. al, 2014). This can be proved by the fact that the company has attempted to disclose that its impairment losses are assessed and reviewed regularly in order to make sure that the amortization figures are not overstated. Hence, this is the prudence concept that allows a company to make sure that its income and assets are not overstated, and liabilities and expenses are not understated (Brochet et. al, 2013). Therefore, on a whole , it can be easily seen that the qualitative characteristics of corporate reporting have been adequately fulfilled by the company, which further ensures that the financial information in the statements is surely compliant with the requirements of the conceptual framework (Brochet et. al, 2013). Besides, this may assist the company in enhancing its goodwill in the market because adherence to the conceptual framework not only maximizes the quality of reporting but also caters to various needs of the users to allow them in making proper decisions. Conclusion Going by the overall discussion of AACo it can be stated that the company adheres to the framework and the accounting regulations thereby the disclosures are strong in this regard. It needs to be noted that the organization has complied with all the accounting policies that make it effective. Further, the accounting policy is directly in tune to the organizations performance. Further, it is noted that the supply chains are strengthened and the organization has taken strong initiatives for the up gradation of the logistics. Moreover, it has made the proper investment in the field of technology and innovation thereby the efficiency of the company has increased considerably. Some red flag was noted in the course of activity however, it can be said that a big organization may fail to have some operations in place and hence, it cannot be tagged as the downfall. References AAC 2016, Australian Agriculture Company annual report and accounts 2016, viewed 28 September 2017 https://www.annualreports.com/HostedData/AnnualReports/PDF/ASX_AAC_2016.pdf Ball, R., Jayaraman, S Shivakumar, L 2012, Audited financial reporting and voluntary disclosure as complements: A test of the confirmation hypothesis, Journal of Accounting and Economics, vol. 53, no. 1, pp. 136-166. Brochet, F, Jagolinzer, A. D, Riedl, E. 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