Friday, December 27, 2019
An Enquiry Concerning Human Understanding By David Hume
David Hume, the Scottish empiricism philosopher who endorses on all knowledge is obtained from sense-experience and he practices moderate skepticism for his entire academic life. Humeââ¬â¢s moderate skepticism refers to abduction today in which it means inference to the best explanation. To it another way, he means credible belief is possible and genuine knowledge could be inaccurate. In the ââ¬Å"section IV- Sceptical Doubts concerning the Operation of the Understandingâ⬠part two of the book ââ¬Å"An Enquiry Concerning Human Understandingâ⬠, David Hume intends to clarify about how induction (moral reasoning) works in the knowledge of cause and effect. Accordingly, he shares ââ¬Å"[i]n reality, all arguments from experience are founded on the similarity, which we discover among natural objects, and by which we are induced to expect effects similar to those, which we have found to follow from such objectsâ⬠(p.23). Based upon his writing, Hume explains most peopl e tend to reason a particular instance and expect the future outcome depending on their past experiences; they make conclusions with inductive reasoning. However, the induction has limitation because it doesn t guarantee future instances will resemble previously observed ones. An example of induction argument: Previously, the temperature of mid summer in California has been always above 100 degrees Fahrenheit. Therefore, the temperature of mid summer in California will always be above 100 degrees Fahrenheit. This argument usesShow MoreRelatedAn Enquiry Concerning Human Understanding By David Hume Essay931 Words à |à 4 Pagesreasoning (rationalism) has been the subject of academic debate among scholars. However, we will only focus on the limitation of pure reasoning, compare both David Hume and Rene Descartesââ¬â¢ views of knowledge, and decide whose belief works better to attain genuine knowledge in this paper. In the book ââ¬Å"An Enquiry Concerning Human Understandingâ⬠, David Hume specifically clarifies on how moral reasoning (induction) works in the knowledge of cause and effect and he shares on its limitation. Accordingly, he writesRead MoreAn Enquiry Concerning Human Understanding By David Hume2287 Words à |à 10 PagesIn Section IV of An Enquiry Concerning Human Understanding by David Hume, Hume provides argument that will outline that any conclusions about the future based on past experience are limited to being just probable suppositions, because all arguments that claim to know the future impacts of an objectââ¬â¢s ââ¬Å"secret powersâ⬠(Hume 21) are based in assumption. By ââ¬Å"secret powersâ⬠(Hume 21), Hume means those abilities of an object, such as a loaf of bread, to ââ¬Å"supportâ⬠¦ a human body.â⬠(Hume 21) The bases for Humeââ¬â¢sRead More Enquiries Concerning Human Understanding by David Hume Essay1279 Words à |à 6 Pagesof thought in the human mind, and many different reasons for this origin have been put forth. As a philosopher, it is only fitting that Hume would propose his own framework for human thinking. For Hume, perceptions are developed either as the understanding of the outside world, or as recollections of these events or alterations of these memories within the mindà ¹. This distinction is important, as it allows Hume to differentiate perceptions as true or false notions. With this, Hume puts forward hisRead MoreIn An Enquiry Concerning Human Understanding by David Hume, the idea of miracles is introduced.1300 Words à |à 6 PagesIn An Enquiry Concerning Human Understanding by David Hume, the idea of miracles is introduced. Humeââ¬â¢s argument is that there is no rational reason for human beings to believe in miracles, and that it is wrong to have miracles as the building blocks for religion. It is because the general notion of miracles come from the statement of others who claim to have seen them, Hume believes that there is no way to prove that those accounts are accurate, because they were not experienced first-hand. In orderRead MoreAn Inquiry Into Human Enquiry1228 Words à |à 5 Pagesinto Human Enquiry In An Enquiry Concerning Human Understanding, David Hume argues for the division of human enquiry into two types: relations of ideas and matters of fact. Relations of ideas are certain and may be found through only thinking, while matters of fact are uncertain and depend on the world around us (Hume 18-19). I will argue in this paper that Humeââ¬â¢s view on human enquiry is conceivable but that there remain some reasons to doubt the accuracy of his categorization. Hume arguesRead More Cause and Effect in David Humeââ¬â¢s An Enquiry Concerning Human Understanding851 Words à |à 4 PagesCause and Effect in David Humeââ¬â¢s An Enquiry Concerning Human Understanding In An Enquiry Concerning Human Understanding, David Hume states, ââ¬Å"there is not, in any single, particular instance of cause and effect, any thing which can suggest the idea of power or necessary connexionâ⬠(Hume, 1993: 41). Hume establishes in section II that all ideas originate from impressions that employ the senses (11). Therefore, in order for there to be an idea of power or ââ¬Å"necessary connexion,â⬠thereRead MoreDefending Hard Determinism Against the Strongest Objections Raised Against It1161 Words à |à 5 Pagesand defined description of both hard determinism and its eventual nemesis indeterminism. Based on these definitions there will be a personal attempt at denying hard determinism. This will be accomplished through the introduction of David Hume and his radical philosophy on causality and the relation this may have on hard determinism, as well as the various possibilities it may distinguish. Furthermore the Causal Principle will also be introduced and slandered in its incapabilityRead More Comparing Knowledge in Descartesââ¬â¢ Meditations on First Philosophy and Humeââ¬â¢s An Enquiry Concerning876 Words à |à 4 PagesComparing Knowledge in Descartesââ¬â¢ Meditations on First Philosophy and Humeââ¬â¢s An Enquiry Concerning Human Understanding, Rationalists would claim that knowledge comes from reason or ideas, while empiricists would answer that knowledge is derived from the senses or impressions. The difference between these two philosophical schools of thought, with respect to the distinction between ideas and impressions, can be examined in order to determine how these schools determine the sourceRead MoreEssay on David Humes Theory of Knowledge858 Words à |à 4 Pagesbelonged to David Hume, a Scottish philosopher. Hume was born on April 26, 1711, as his familyââ¬â¢s second son. His father died when he was an infant and left his mother to care for him, his older brother, and his sister. David Hume passed through ordinary classes with great success, and found an early love for literature. He lived on his familyââ¬â¢s estate, Ninewells, near Edinburgh. Throughout his life, literature consumed his thoughts, and his life is little more than his works. By the age of 40, David HumeRead MoreDescartes and H ume: A Look at Skepticism and Finding Stability915 Words à |à 4 PagesMeditations on First Philosophy, Descartes concludes that in order to achieve this stability, he must start at the foundations for all of his opinions and find the basis of doubt in each of them. David Hume, however, holds a different position on skepticism in his work An Enquiry concerning Human Understanding, for he criticizes Descartesââ¬â¢ claim because ââ¬Å"ââ¬Ëit is impossible,ââ¬â¢Ã¢â¬ (qtd. in Cottingham 35). Both philosophers show distinct reasoning in what skepticism is and how it is useful in finding stability An Enquiry Concerning Human Understanding By David Hume The Medium to Grasp the Future In Section IV of An Enquiry Concerning Human Understanding by David Hume, Hume provides argument that will outline that any conclusions about the future based on past experience are limited to being just probable suppositions, because all arguments that claim to know the future impacts of an objectââ¬â¢s ââ¬Å"secret powersâ⬠(Hume 21) are based in assumption. By ââ¬Å"secret powersâ⬠(Hume 21), Hume means those abilities of an object, such as a loaf of bread, to ââ¬Å"supportâ⬠¦ a human body.â⬠(Hume 21) The bases for Humeââ¬â¢s claims are in the question he posits asking, ââ¬Å"What is the foundation of all conclusions from experience?â⬠(Hume 20) In other words, Hume seeks to find the substance or grounding of conclusions that are formedâ⬠¦show more contentâ⬠¦A means by which the barrier that separates the past from the future can be broken down thus giving inferences or conclusions from experience grounding in reason as opposed to being just probable statements. He goes on to provide the reason for which arguments that claim to ââ¬Å"foreseeâ⬠(Hume 22) are limited to probability. His reasoning is that these arguments intend to prove that the future will look like the past, yet do so by assuming that ââ¬Å"the future will be conformable to the pastâ⬠(Hume 23) thus plaguing them with circuitous logic. (Hume 23) What Hume means is that the point in question which is sought to be resolved, is done so by assuming that this point will hold true, thus using the assumption that something will hold true to prove that this same thing will hold true. Additionally, this argumentââ¬â¢s grounding in an assumption which may or may not hold true, makes it probable due to its foundation built on a probable factor, almost like a tower built on sand. Humeââ¬â¢s negative argument for reasoned foresight based in experience hinges upon the claim that these arguments lack a ââ¬Å"mediumâ⠬ (Hume 22) by which the future can be shown to be conformable to the past, stating that these arguments are based in assumptions, which make them nothing more than probable. (Hume 20-24) This is a very strong argument by Hume because he calls for a positive argument that provides a ââ¬Å"mediumâ⬠(Hume 22), which can perform the vital task of
Thursday, December 19, 2019
How Companies Maximize Profits - 1591 Words
Every company aims at maximizing its profit. This can be achieved by maintaining quality of services and goods, providing appropriate supply, and analysing consumersââ¬â¢ demands. However, there are number of economic factors that hinder this operation. These factors are government regulations, rate of interest, exchange rate, trade cycles, general price level, employment and income, economic growth, and supply and demand. Economics consists of macroeconomics and microeconomics. The former analyses national economy and offers knowledge about the business environment (Samuelson Nordhaus 2010, p.5). Macroeconomics centres on the overall economy rather than the fine specifics (Arnold 2011, p.). Here, there are a number of models that explain the relationship between international finance, international trade, investment, savings, inflation, unemployment, consumption, output, and national income. Trade cycles cause fluctuations in costs of services or goods. These cycles include recovery, depression, recession, and prosperity. The managing director will have to consider aspects such as deflation and inflation and macroeconomic policy (fiscal and monetary) to run the company efficiently. For instance, banking facilitates fiscal and monetary policies that affect consumers and businesses as well; that is, the policies influence inflation and economic activities (Arnold 2011, p.252). The latter examines the market behavior of firms and individual consumers in order to understand theShow MoreRelatedDifferentiating Between Market Structures Essay1077 Words à |à 5 Pagesinterdependence among firms in determining pricing and output to maximize profits. The author of this paper will cover: the advantages and limitation of supply and demand identified in the simulation, the effectiveness of the organization in which the author knows, and how the organizations in each market structure maximizes profits. The simulation looks at all four types of market structure within the East-West Transportation Company. The four divisions operate within each of the four market structuresRead MoreAirline Pricing And The Game Of Yield Management1107 Words à |à 5 Pagesdecades, the airlines are looking for the possibility to improve their yield management to maximize their profit. In order to achieve it, they have started to develop the yield management analysis, to understand the best time to sell the flight tickets with higher or lower prices, so, helping them to decide properly. How can airline companies improve their yield management in order to increase their profit without demand analysis? According to the OpenStax College, economists have defined the termRead MoreManagerial Economics : Assignment Questions1409 Words à |à 6 PagesThe Honest Company, with Christopher Gavigan. Alba and Gavigan set up their site so families can choose what kinds of non-toxic, all-natural products they d like to use and get them in a bundle. Families can choose all kinds of products from food to hygiene necessities and cleaning supplies. Suppose they are thinking of expanding their business into five domestic markets: Phoenix, Dallas, Chicago, New York, and Atlanta. Assume their primary goal of business is to maximize economic profits, althoughRead MoreShareholder Theory Vs. The Competing Ideas Of Stakeholders Theories946 Words à |à 4 Pagesthe sole responsibility and how these action may affect business as a whole. Finally I will take time to examine each and conclude with a personal justification to each. To make a profit, that s what most would say is the end goal in every business for the most part. Shareholder theory also related with stockholder theory providing a main emphasis on maximizing profit. Maximize profit within the corporation with the the help of the appointed executives within the company. This theory avoid the aspectRead MoreTootsie Roll Loan1548 Words à |à 7 Pagesbe preparing a loan package to maintain ultimate company performance, maximize the companyââ¬â¢s profits, and increase the shareholderââ¬â¢s value. Tootsie Roll Industry Inc. will be applying for a loan that will increase the companyââ¬â¢s total liability by $17,449.50. A perfect loan package includes a concise executive summary that focuses primarily on the ratio analysis of the financial statement, justification for the loan, and explanation of how the company intends to use loan. The corresponding ratio calculationsRead MoreMaximizing the Corporate Objective with the Stakeholder Theory103 9 Words à |à 4 Pagesdecisions so as to take account of the interests of all stakeholders in a firm, including not only financial claimants, but also employees, customers, communities, and governmental officials. Because the advocates of stakeholder theory refuse to specify how to make the necessary tradeoffs among these competing interests, they leave managers with a theory that makes it impossible for them to make purposeful decisions. With no clear way to keep score, stakeholder theory effectively makes managers unaccountableRead MoreDividend Decision : Profit Decision1035 Words à |à 5 Pagespolicy that the company plans in regard to earnings for distribution as dividends to shareholders. Dividend decision determines the ratio of earnings between shareholders and retained earnings. â⬠¢ The dividend decision is a decision about the amount and timing of any cash payments made to the companyââ¬â¢s shareholders made by the directors of a company. The dividend decision is very important for the present day business world. â⬠¢ The dividend decision play an important role in the company because it mayRead MoreBranding, Pricing, and Distribution1528 Words à |à 7 Pagescompleted marketing strategy. The ultimate goal is to reach a successful culmination of all three tiers that will have a successful impact in introducing the brand, pricing it correctly, and forming a distribution model that will maximize the competitive advantage to the company or service in question. This report will outline the steps in developing a local branding outline as well as an international branding strategy .The idea behind branding is to differentiate your product, value, quality or serviceRead MoreThe Clash Between Management And Ownership1311 Words à |à 6 Pagesdirectly, therefore a separation of ownership and control is needed. A managing team will run the corporation and this will easily lead to conflicts between the interest of the management and the shareholders. In this essay we will look at how the conflict s arise and how to mitigate these problems with different policies. The clash between management and ownership is called an agency problem. An agency problem can be defined as ââ¬Å"when managers, despite being hired as the agents of shareholders, put theirRead MoreBusiness Strategy : Phillips Morris And R.j Essay1193 Words à |à 5 PagesMorris and R.J. Reynolds are two of the most profitable businesses in the tobacco industry. Both companies have been established for many years and want to increase revenues. However, both have the same level of advantages and disadvantages, due the similarity in product being produced. As rivals, and competing for an increase in consumers, strategies are required to meet corporation goals. Both companies have a successful selling performance. But, marketing strategies can make the difference in increase
Wednesday, December 11, 2019
Accounting Auditing and Assurance
Questions: a). Discuss the steps that you need to consider before accepting to do an audit of the KGC Ltd. mine in PNG? b). If the inherent risk of the KGC Ltd. mine in PNG is estimated as 80% and the control risk and detection risk are estimated at, respectively, 10% and 50%, should your audit firm accept the role of doing an audit of the KGC Ltd. mine in PNG? (Explain) c). List and discuss what should be included in an audit program for the KGC Ltd. mine in PNG. Your program should include general coverage plus items 1 to 8, above. d). If KGC Ltd. revalues its major PPE assets from historic cost to fair market value, what are the major concerns for the auditor and what tests should the auditor perform to resolve those concerns? e). Review of the future prospects of the mine f). In a triple-bottom line addendum (i.e. addition) to their GPFS, KGC Ltd. described their operations as being socially responsible and environmentally friendly. Are you willing to sign-off on that statement as being true and fair? (Explain) g). KGC Ltd. is hoping to raise $5 billion AUD, KGC Ltd. via a share issue. In the share prospectus,3 KGC Ltd. that its PNG operations are its principal asset and described those operations as low risk and that it expected them to be indefinite (permanent) in duration. Are you willing to sign-off on that prospectus as being true and fair? (Explain). Answers: a): Before conducting the audit of Karrick Gold Copper Ltd mine operating in the Papua new Guinea , the first and foremost task is to look into the matter that whether the operating company are in compliance with the Auditing standard of Australia. There are few conditions which are to be met before conducting the audit by the auditors. The financial statement are prepared using the framework of the financial reporting of the company and the auditor is required to determine the acceptability and accuracy of the financial reports. He is required to take into account the nature of the entity and the evaluation of the financial statements as per the rules and regulations prescribed it. The auditor should be accessible to all the indispensable information which is needed in carrying out the audit. The reporting of the financial data are free from the error or any fraud. The auditor should also investigate the company in terms of every factors and evaluate it regarding its potentiality to pe rform its work. The auditor is required to look into the issues relating to .the confidentiality and whether there is any interest conflict. Evaluation of all these matters should be performed and the documentation of the Same should be done. The ethical matters should also be looked into. The above enquiries would enable the auditor in concluding that firms integrity is not being questioned which might create risk which is not acceptable. The auditors task before accepting the audit is to determine whether the firms does not risk itself when it comes to ethics. When the several threat are discovered , the auditors should not decline the task of auditing and should be able to safeguard the measures which reduces the risk level and that can be accepted (Ahammed 2015). The auditors are also required to make the client acquainted that they are to make the statement in accordance with the scenario presented to them. If the auditor is asked to disclaim the opinion of financial statements evaluated, in that case the agreement to engage in the auditing should be turned down and also if the framework of the financial statement is not acceptable and is not in accordance with the guidelines. KGC ltd has been held responsible for not being environment friendly and it has exposed to the ethical threats and so before conducting the audit ,the auditor should safeguard the measures to reduce the risks or the threat to an acceptable level. Therefore, it is very crucial for the auditors to do the evaluation before engaging in the new engagement. b): First of all, we get to define the risks associated with auditing. Inherent risk exists when the organization lacks internal control and there is a material misstatement .KGC Ltd has inherent risk of 80 % which is quite high indicating that it lacks internal control. Here, the auditor needs to directly evaluate the account balances and he cannot rely on the actions of the client. The auditors need to assess the risks by applying the procedures to evaluate the clients and the environment in which it operates. The control risks it at its low at 10 % which refers to how the control has been designed and operated and the auditor must investigate and look for evidence supporting it. The detection risks stands at 50 % and it implies that there is half a chance that the auditor would not be able to detect the materiality in the financial statements or any account balances and he would be relying on the information provided by the client for detecting the additional uncertainty (Ali 2016). According to the audit risk model : Audit risk = Detection risk * Inherent risk * Control risk =.5 * .8 * .1 = .04 = 4 % Here , the auditor verifying the financial statements has 4 % probability that he would be giving a wrong opinion of the financial statements evaluated. The percentage is low which is acceptable and reasonable (Griffiths 2012). Before the audit firm conduct the auditing of KGC Ltd , he should take into account all the risks but he has no control over inherent risks which needs be prcised as it has direct impact on the auditing procedures followed and so the auditing procedures followed should be substantive. The auditing firm need to perform some checklist before conducting the audit : Audit firms need to assess and judge the relevance of the audit risks before applying the auditing procedure as conducting the audit tasks is quite expensive and time taking as well and the auditor can extend the auditing the auditing procedure if demanded. Though the inherent risk is quite high , the desired audit risk level has not exceeded and it should be accepted. The audit firm should accept the role of auditing the KGC Ltd. c): Audit program is a procedure followed by the auditor to confirm the validity of the documents incorporated in conducting the audit and also to ensure that the plans were in compliance with the regulations. The criterias are to be set and accordingly the auditing procedures are to be followed .The audit evidence on the basis of which the auditors form the opinion of the financial statement are to be determined. The auditor should prepare the audit program considering several points which are as follows : The first and foremost point which an auditor should look into in planning for audit is the size and nature of the business. The entity to be audited is small or medium. This would enable to perform the auditing and plan and executing in accordance with the accounting standard which gives guidelines specific to that particular entity for which the audit is being performed. The KGC Ltd could be sought as medium entity with its total book value of $ 21.5 billion and the evaluation of the same should be done. Details of various audit work to be performed forms the list of audit program content , such as the balance sheet and the profit and loss statement of the entity should be verified. The tax payment to the PNG government and the royalties to the mine owner should be of the same value in the account of balances as provided by the company. The time which would be employed to conduct the audit task should be also framed. Here, the entity is being accused of being not environmentally friendly and it poses ethical threat to it and it involves estimated costs of $ 60 billion to remediate it and the company claims its annual benefit to be much higher to offset the harm. The audit firm needs to invest considerable amount of time depending upon the outcome of the case initiated by the ecological group (Flammer 2013.). The audit report to be prepared after having a detailed inspection of all the relevant documents and auditor can also review the previous years documentation to understand the way of performing the tasks So, with reference to the KGC Ltd we can see that several points are to be check listed and then included in the audit program. d): The revaluation of the assets of the firm from the historic costs to the fair market value is done by the expert team and so if the revaluation is done based on the reasonable fact then auditor should accept the revaluation . The property , plants and equipment are to be revalued at fair market price. The PPE are carried from over year to year as they are not held for sale. These assets are accounted for only once and they are closely controlled. In this case , the auditor should understand the clients and the environment in which it operates and any risks associate with the property or plant. The internal control over the property should be a concern to look after. The expenditure and the depreciation should be understand whether there is any manual mistakes . The auditors should follow appropriate procedure to assess the risks. He should perform the physical verification of the assets and to identify the costs there should be proper system. The auditor understand that the assets ar e revalued when they can be measured reliably. The auditor should consider the basis on which assets has been revalued and the evidence supporting the valuation should be adequate and reasonable. The auditor needs to analyze the economic benefit of the assets and when it does not hold any benefit , then only the assets are revalued. There should not be any material difference between the carrying value and fair value of assets (Gashi and Shala 2015). The satisfaction of the auditors considering the above facts should be adequate. e): The future prospects of the mining firm does not seems to be bright and this would be supported by many factors provided in the information. The firms license to carry out the mining activities from the PNG government is about to expire in eight years and it cannot explore the additional ore of reserves hence no chance of propelling. The quality and quantity of the ore extracted is not so much commercially viable . Moreover , KGC Ltd has been accused by several ecological group of being environmentally irresponsible as there was secretly dumping of 5 million liter of ore waste which could devastate the survival of human as well as animal. So , the mining firm is exposed to ethical threats. The political conflict might pose a threat to the existence of the firm in the Papua new guinea area as the tribals borders are closely related to the papua area and there is the possibility of the Indonesian army spilling the star mountain range area where the mine operates. The above factors explains the negative prospects of the firms. On the other hand there are other factors which shows some positive prospects. The people residing in the star mountain range depend on KGC Ltd for their livelihood and there are no other source of employment for them. Would it be closed the level of unemployment would rise to 95 % as compared to 32 % currently. KGC Ltd is the sole producer of water processing plants and operator of hospitals , health centers and school. This case verdict should be in favor of the firm because shutting it down would lead to devastation of human life. So the prospects of the mining firm KGC Ltd is a mixture of positive and negative prospects. f): The statement of KGC Ltd describing themselves as environmentally friendly and socially responsible could not be sign off as being true and fair. Some ecological group has put the allegation on the firm of being irresponsible and reckless when it comes to environment. The secret dumping of 5 million liter of ore waste into the river on which the population of village depends to draw drinking water and do the fish hunting was the reason of its being polluted and unfit for drinking and any other purposes. The mining and extracting process of ore and the dumping of the waste was not in favor of moral and ethical health of the firm. The statement made by the firm could not be justified in light of the above facts. g): Issuing of shares to raise $ 5 billion Australian dollar ( AUD) by KGC Ltd is how far fair can be depicted from the discussion made below : The prospectus containing the proposed business venture states that firms principal assets is its copper mine operating in Papua New Guinea is quite fair because major activities are in process at that particular place .The operations are expected to be permanent and at low risk which is a doubtful fact as the ongoing court case imposed by some ecological group makes the duration of the business operations uncertain and also the license from the PNG government to continue its operation expires in eight years and moreover extraction of lead ore is not viable commercially in terms of quality as well as quantity. So all these facts and factures does not make the future so fruitful for the company. Investors seeking to invest for long term and those who are risk averse would not be interested to invest in this company whereas the investors who are likely to take risk and are interested in short term investment might be willing to investing in this mining firm. The prospectus contains the detailed information on the basis of which investors can evaluate the companys financial health. The investors does not seem to be making a positive view in investing in the shares of the firm (Gifford 2012). Reference : Ahammed, K.F., 2015.GOVERNANCE IN SUSTAINABLE PUBLIC PROCUREMENT(Doctoral dissertation, INSTITUTE OF GOVERNANCE AND DEVELOPMENT, BRAC UNIVERSITY). Ali, A.M., 2016. 1MDB: The Financial Accountings Question of Going Concern.Journal of Public Administration and Governance,5(4), pp.142-162. Flammer, C., 2013. Corporate social responsibility and shareholder reaction: The environmental awareness of investors.Academy of Management Journal,56(3), pp.758-781. Gashi, M. and Shala, N., 2015. Preconditions that Affect in Increasing Control Effect and Increased Chance for Tax Fraud Detection.European Journal of Sustainable Development,5(1), pp.83-90. Gifford, J., 2012. Effective shareholder engagement: The factors that contribute to shareholder salience. InThe next generation of responsible investing(pp. 83-106). Springer Netherlands. Griffiths, M.P., 2012.Risk-based auditing. Gower Publishing, Ltd.
Tuesday, December 3, 2019
Yanomamo Tribe Essay Example For Students
Yanomamo Tribe Essay The YanomamoMy name is Eric Dunning and this is my proposal to go and study the Yanomamo tribe in the rain forests of Brazil. I have compiled a historical outline of the Yanomamo tribe and some of their religion and culture, ranging from marital status to the type of food they eat. I have chosen this tribe because according to many anthropologists the Yanomamo are perhaps the last culture to have come in contact with the modern world. The Yanomamo people of Central Brazil are one of the oldest examples of the classic pre-Columbian forest footmen. The Yanomamo live in almost complete seclusion in the Amazon rain forests of South America. The Yanomamo live in small bands or tribes and live in round communal huts called shabonos, which are actually made up of individual living quarters. The Yanomamo language consists of a variety of dialect, but no real written language. Clothes are minimal, and much of their daily life revolves around gardening, hunting, gathering, making crafts and visiting with one another. These small tribes hold their men in high ranks. Chiefs are always men who are held responsible for the general knowledge and safety of the groups women. The men are able to beat their wives if they feel the need to and are able to marry more than one woman at a time. This loose form of polygamy is a way of increasing the population of the tribe. Yanomamo people rely heavily on a system of political alliances b ased upon relationship. As part of that system, they have incorporated a complex feasting and trading system into their culture. One of these methods of forming political alliances is feasting. Feasting is when one village invites another village for a feast or dinner. During the feast there is a lot of social activity. The Yanomamo dance and mingle with each other along with eating a different variety of foods. The only catch is the other village must reciprocate a feast by one village. This feast is more like an American dinner party in which members of family or social group invite others to attend. A feast however can be dangerous and or fatal for those who attend. The Yanomamo can be very conniving and deceiving. They pretend to be loyal friends and invite the other village for a feast. The other very village very trustfully attends the feast not knowing that this might be their last meal. After the feast when the guests are helplessly resting in their hammocks they are attacke d and brutally beaten to death. The Yanomamo live in a constant state of warfare with other tribes and even within their own groups. Marriages are often arranged according to performances of ones relatives in battles. Ideal marriages are thought to consist of cross cousin marriages and the males of the family and the religious leaders of the tribe perform all marriages. In addition to their strong kinship ties, political alliances and thirst for revenge, the Yanomamo have a detailed religion, based on the use of hallucinogenic drugs and the telling of mythical tales. We will write a custom essay on Yanomamo Tribe specifically for you for only $16.38 $13.9/page Order now The religious beliefs of the Yanomamo are quite complex. According to Yanomamo wise men, there are four levels of reality. Through them, the Yanomamo believe that things tend to fall or descend downward to a lower layer is demonstrated. The uppermost layer of the four is thought to be pristine and tender. It is called duku ka misi and the Yanomamo believe that many things originated in this area. This layer does not play much of a role in the everyday life of the Yanomamo. It is considered to be just there, once having some vague function. The next layer down is called hedu ka misi and is known as the sky layer. The top surface is supposedly invisible, but is believed to be similar to earth. It has trees, gardens, villages, animals, plants and most importantly, the souls of the deceased. These souls are said to be similar to mortals because they garden, eat and sleep. Everything that exists on earth is said to have a counterpart on this level. The bottom surface of the layer is said to be what the Yanomamo on earth actually see:
Wednesday, November 27, 2019
Create and Sustain Tension in the Crucible Essay Example
Create and Sustain Tension in the Crucible Paper Going to the theatre is both an intimate and exciting experience for the audience. It creates a tense atmosphere by having the action so close to you. The theatre offers a completely different experience than sitting alone with a book. At the theatre you are sharing your experience, atmosphere and emotion with everyone around you. When youre reading a book you have to use your imagination and make up images about the characters in your head. You may feel closer to the characters whilst reading a book but in a theatre you are physically closer to the characters, which adds to the reality of the situation. I think that the way a theatre production happens in a short amount of time makes it a lot more dramatic than a book, which is spread out, and you can put it down whenever you want. At the theatre you feel more part of the drama than if you were reading a book. This is because you are a witness to all the events and if you know something that a character doesnt you feel involved. Theatre therefore creates such a tense and emotional atmosphere because of the live actors and reality of the performance. Arthur Millers play, The Crucible, illustrates how people react to hysteria created by one person or a group of people. We will write a custom essay sample on Create and Sustain Tension in the Crucible specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Create and Sustain Tension in the Crucible specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Create and Sustain Tension in the Crucible specifically for you FOR ONLY $16.38 $13.9/page Hire Writer This happened during the McCarthy hearings of the 1950s and the Salem witch-hunts of 1692. In the McCarthy hearings many Americans were wrongly accused of being Communist sympathizers. The activities of the House of Un-American Activities Committee began to be linked with the witchcraft trials that had taken place in the town of Salem. This provided Miller with the catalyst to write The Crucible. Without the knowledge of the McCarthy hearings and the Salem witch hunts, The Crucible may be seen as a melodrama and the events in the play, sensationalized. It is not a melodrama because it is actually not overly dramatic; the McCarthy hearings and the witch-hunts inject realism in the play. The play deals with historical events and with characters that have a historical context. The Crucible is based upon the happenings of the witch-hunts in Salem. The Salem community was made up of Puritans who had emigrated from England to escape persecution for their religious beliefs in 1620. The community was insular living by its own rules and regulations. Being Puritans they were very church loving and against the devil and ungodly acts such as dancing. The village was tightly knit, everyone knew each other and social status was very important. Arguments were common in such a claustrophobic environment. A community living in a puritan society like Salem could easily fall into a chaotic state and have great difficulties dealing with what they considered to be the worst form of evil. In the strong Puritan community, young males and females werent allowed normal social interaction, which consequently often led to sexual tension and jealousy. Superficially, Salems society seems to be one of belonging in that everyone shares the same values and religious beliefs, and complies by the rules; but the fact that Proctor and Abigail have an affair shows that this is not always the case. Abigails speech I know how you clutched my back behind your house and sweated like a stallion whenever I came near is highly dramatic in its animalistic imagery. Abigail presents herself to Proctor as the object of his desires. She uses language in an attempt to arouse Proctor to be drawn to her again. Abigail and Proctors relationship has a big effect on Elizabeth and Proctors relationship. At the end, Elizabeth is in the moving situation of performing an act that allows her husband to choose death: Only be sure of this, for I know it now: Whatever you will do, it is a good man does it. The key word is now because it tells us that there was a time when she doubted his goodness. Their love is what they belong to. We also become aware of Thomas Putnams desire to acquire more land. Both Giles Corey and John Proctor mention that the Putnams had a habit of claiming land that didnt belong to them. We also know that the Putnams blame Goody Osburn, Mrs Putnams midwife, for all their stillborn children. Looking for someone other than themselves to blame for these dead children, they point their finger at her for murdering their children: I begged him not to call Osburn because I feared her. My babies always shriveled in her hands! This shows how determined Mrs Putnam was to put the blame on witchcraft. This quote came in Act 1 just after Tituba had named Goody Osburn and three others accusing them of coming with her to the Devil. Another heated relationship is John Proctor and Reverend Parriss. Proctor dislikes Parris since he sees the Reverend as a greedy, ungodly man. For example, Parris complains of low salary. The Crucible is structured in four acts. Each act begins with low tension, then rises to a climax by the end of the act. For example at the beginning of Act Two there is a calm discussion between John and Elizabeth Proctor. The tension then starts to rise as Mary Warren gets back from court and angers John Proctor. The tension continues to rise as fingers are pointed and accusations made. The scene ends with Innocent Elizabeth Proctor being dragged off by the officials of the village. The climax of the scene is Mary Warren hysterically weeping because Proctor demanded that she tell the court how the doll came to be in his house with the needle stuck in it: Proctor (grabbing her by the throat as though he would strangle her): Make your peace with it! Now Hell and Heaven grapple on our backs, and all our old pretence is ripped away make your peace! This would make the audience feel Proctors anger but also feel slightly sorry for Mary, she is having pressure and blame placed on her by Proctor. At the climax at the end of each act the curtain falls and there is a blackout. This leaves the audience in a state of shock and frustration and allows them to reflect on and absorb what has just happened. Miller uses a variety of techniques to ensure that tension is not lost and is kept at a peak throughout the play. By using a basic form and structure, The Crucible is easy to follow; it uses the dialogue and pace to aid the building of tension to the ultimate tragic climax of Proctors death During The Crucible pace is used as a technique in creating tension. Throughout Act 1, the action is immediate and there is a constant flow of different people being introduced. By placing this act within a small room, Miller gives the feeling of the characters being suffocated and a lack of privacy in the village. In all four acts the setting is very similar. All the acts take place inside dark, small rooms without a lot of furniture. Throughout the play the settings are dark with a small amount of light seeping through the windows. This creates claustrophobic and brooding atmosphere, which makes the audience feel nervous, they are anticipating something sinister from when the scene starts. Act four is the only act that isnt set in the daytime, however it is lit, like every scene, by a small amount of light coming through the window but in this scene it is moonlight instead of sunlight: The place is in darkness but for the moonlight seeping through the bars. At the end of act four the sun rises to represent a new beginning after the highly dramatic end to the play. One of the ways Arthur Miller creates tension is by using dramatic dialogue to show the characters increasing hysteria. Proctor (with a cry of his whole soul): Because it is my name!
Sunday, November 24, 2019
The eNotes Blog The Next New Thing PersonalizedLearning
The Next New Thing PersonalizedLearning One thing about education as a profession- the grass is never allowed to grow under a teacherââ¬â¢s feet for very long. Thereââ¬â¢s always something new coming down the pike, which isnââ¬â¢t necessarily a bad thing, but it does induce a kind of professional dizziness from time to time. Adapting to the ââ¬Å"next new thingâ⬠is always a challenge, especially if it moves from the periphery onto the center stage in classroom practices. The most recent concept in education is personalized learning, not to be confused with differentiated instruction. Differentiated instruction addresses how lessons are delivered to students, based on their individual needs. Personalized learning is more complex. In its purest form, personalized learning allows students to choose what they will study and to proceed at their own pace in meeting individual goals. Implementing it requires four instructional strategies, which are summarizedà in ââ¬Å"Personalized Learning: A Working Definitionâ⬠: Continual assessment as a student progresses toward ââ¬Å"clearly-defined goals,â⬠with the student advancing and earning credit after demonstrating mastery. Learning environments designed to meet studentsââ¬â¢ needs in reaching their goals. Customizedà ââ¬Å"learning pathsâ⬠based on each studentââ¬â¢s progress, motivations, and goals. Up-to-date ââ¬Å"learner profilesâ⬠that chart each studentââ¬â¢s strengths, needs, motivations, and goals. Thatââ¬â¢s a lot to do after taking attendance! Seriously, itââ¬â¢s a lot to do period, and the current demands of standardizedà testing make personalized learning seem like a classroom fantasy. Itââ¬â¢s a great idea, though, so what can be done to personalize learning in a system based on covering a specific curriculum in a limited amount of time?à Apparently, quite a bit, starting with learner profiles. The learner profile is one part of personalized learning thatââ¬â¢s already in place. Learner profiles may not be written down, but they exist,à filedà in teachersââ¬â¢ minds where theyââ¬â¢re continually reviewed and updated. Ask a teacher about particular students, and be prepared forà aà detailedà report on their individual strengths, weaknesses, and motivations. (Youââ¬â¢ll also probably find out whatââ¬â¢s holding them back or pushing them ahead and who frequently needs to borrow lunch money.)à I think weââ¬â¢re good on learner profiles, except perhaps for having students set some specific learning goalsà for themselves. The rest of personalized learning has been broken down into five essential elements: Choice, Pace, Path, Mode, and Data.à Within these five elements, thereââ¬â¢s room to personalize learning even when a teacher is tied to an articulated curriculum and a pacing guide in meeting state standards. Choice and Pace Be creative in writing curriculum-based lesson plans so that they offer students some choice in what they will study. Let students choose their own topics for research papers, allowing them to study what most interests them. Create a list of activities that address studentsââ¬â¢ interests, different learning styles, and multiple intelligences, and allow them to choose their own activities from the list. Design an independent study project with several parts, and let students decide how they will accomplish each part- what they will read and write and which project activities they will complete. Let students design and pursue their own independent study projects. Considering the time constraints in a classroom, itââ¬â¢s unlikely that all students will be able to proceed at their own pace, all the time, in completing their work, but itââ¬â¢s usually possible to be somewhat flexible in setting due dates for assignments. Path and Mode These elements refer to the ways individual students pursue learning objectives and the means they use in mastering them. Providing students with different learning paths and different modes of study requires making some fundamental changes in instruction. Everyone wonââ¬â¢t be doing the same thing at the same time. That sounds like a recipe for chaos, but not necessarily! Check out these examples of how to reorganize instruction efficiently and effectively in personalizing learning, and seeà four more K-12 examples here.à Technology tools and the resources that can be tapped through them can play an essential role in personalized learning. Edutopia offers ten tips for using technology in implementing it. Data Regardless of how learning takes place, it has to be assessed. The prospect of writing individual tests for every student is daunting indeed, and actually doing it is most likely impossible. However, there are more ways than testing to assess learning. Learner Centered Teachingà lists dozens of ways to do it without giving tests, and using only tests in assessment is a bad idea anyway. One-size-fits-all never works well, so itââ¬â¢s not surprising that personalizing learning is the ideal way to educate kids. The challenge is figuring out how to accomplish it while simultaneously meeting the demands of â⬠¦ well, everybody. Itââ¬â¢s easy to think, ââ¬Å"Personalized learning- canââ¬â¢t be done!â⬠Itââ¬â¢s true that personalizing every studentââ¬â¢s learning, all the time in every way, is probably not possible in todayââ¬â¢s classrooms, but thereââ¬â¢s plenty of wiggle room in the concept. Exploring how to make the most of it so that kids achieve more and learn in ways that are more natural and meaningful for them is a good use of planning time. This ââ¬Å"next new thingâ⬠deserves attention. This is a guest post from Staff Writer, Susan Hurn. Susan is a former high school English teacher and college instructor. She loves writing for and also enjoys good books, creative writing, and all things related to history.à Let us know if youââ¬â¢re interested in contributing to the à blog.
Thursday, November 21, 2019
The Link between Fiscal policy and Economic Growth Literature review
The Link between Fiscal policy and Economic Growth - Literature review Example This called for strategic approaches towards influencing the economy positively. As a result, many approaches have been used to influence the nationsââ¬â¢ economy in different ways, for instance, the use monetary policy, macroeconomic policy and fiscal policy, which are applicable in many countries. In some instances, some economic goals are met through a combination of several policies, depending on the nature of the goals to be met. Generally, fiscal policy is the process of influencing macroeconomic conditions through policies of government spending. The practice involves influencing a nationââ¬â¢s economy through the collection of revenue, borrowing and using governmentââ¬â¢s expenditure. In this case, the government engages in adjusting the levels of its spending in a bid to track and influence the economy of the nation. The policies of government spending often affect the interest and tax rates alongside the governmentââ¬â¢s spending (Barro and Redlick, 2011, 57). Just like other policies of influencing a nationââ¬â¢s economy, fiscal policy is applicable directing the economic goals of the country. The main goal is always the stability of the countryââ¬â¢s economy through the control of spending and interest rates. The Concept of Fiscal Policy John M. Keynes, a British economist, came up with theories that are currently applicable in fiscal policy. His theories state that governments and nations, through the increase or decrease of public spending and the level of taxes, can influence the levels of macroeconomic productivity (Barro and Jin, 2011, 1568). The theory suggests further that such influences can further maintain the value of the currency at levels that are healthy, increase employment and curb inflation. The point of focus in the modern economics is the growth theory. This theory addresses the implications of economic growth regarding to wealth (Brzezinski and Dzielinski, 2009, 244) besides addressing the factors triggering economic growth. The system of economics can be stimulated through learning-by-doing mechanisms, which are essential for self-sustainable economic growth. These mechanisms can be induced into the economy by the government acts. Similarly, endogenous growth theory relates to fiscal policy, give n that the outcome of the process involves the issue of losers and winners. With regard to neoclassical growth models formulated by Swan and Solow (Solow, 1956, 67), the exogenous rate of progress in technology is the backbone of growth income per capita, in its steady state. Every policy is characterised by the need of growth, even though the economyââ¬â¢s steady level of operation will be affected by the policy. In this case, the rate of economic growth will only be influenced by the economic policy when the economy is being transited to a steady state. Endogenous growth theoryââ¬â¢s distinguishing characteristic that is crucial in fiscal policy is the visualisation of the nature of knowledge (Tcherneva, 2010, 27). This standard framework of making fiscal policy has been deduced from this model, with regard to taxation and government spending. Thus, this explains why many researches focus on the roles of governments in influencing the economy through dividing and stabilising the cake as opposed to enlarging the economy. Primarily, the study of the link between fiscal policy and economic growth has had the focus on the relationship between taxation and gove
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