Saturday, May 23, 2020
Greek Myths And Its Impact On American Culture - 1155 Words
Greek myths are stories that explain the meaning of life and teach moral lessons through the values of heroes, gods and mortals. In Ancient Greece, myths were an important part of the culture, first being told orally and in poems, then seen in architecture and theatre. Homer, the Greek poet, wrote epic poems such as the Iliad and the Odyssey, which are still revered and read extensively today. Greek myths have carried over to contemporary American culture, appearing in movies, childrenââ¬â¢s toys, clothing and books and the values of Greek myths are entrenched in todayââ¬â¢s society. Notably, heroism is a prominent value that plays a major role in Greek mythology and continues to influence American culture today, as heroes inspire society with their nobility, bravery and patriotism. Heroism is an important value in Greek mythology and is seen in Greek heroes, including Hercules, Achilles, Odysseus and many more. Heroism is defined as the attributes of a hero, consisting of brav ery, compassion, cunning and strength. In Greek mythology, there are countless battles in which these qualities are prevalent. Hercules uses his strength to strangle the Nemean Lion, Jason shows his bravery while retrieving the Golden Fleece from the distant land of Colchis, and Theseus uses cunning when making his way through the labyrinth and killing the Minotaur. In the story of Perseus, King Polydectes sends Perseus on a dangerous mission to bring him the head of Medusa. Athena guides Perseus to theShow MoreRelatedHercules in Popular Culture1719 Words à |à 7 PagesI chose to explore and analyze instances of the great Greek/Roman hero, Heracles (Hercules), appearing in popular culture and the effect his myths had on early civilizations. Considered by most to be the greatest of the Greek folk heroes, Hercules was the embodiment of masculinity and physical power. The word ââ¬Å"herculeanâ⬠literally translates into ââ¬Å"having enormous strength, courage, or sizeâ⬠( dictionary.com.) Since their inception, the myths and legends of Hercules have been immensely popular andRead MoreThe Deception of Exile Essay example1516 Words à |à 7 Pagesbasis of many myths and stories revolve around the Hero, who through his actions determines the outcome and reception of the myth, therefore playing a very important role. Not as clearly recognized, exile plays a significant part in the shaping of a hero, which in turn affects the myth entirely. In various myths different patterns of exile can be discovered which affect the character positively or negatively. Exile is used as a tactic to change the way an audience perceives the myth. Exile can beRead MoreMyth And The Old West1019 Words à |à 5 PagesMyths have existed in the world for thousands of years. 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For example, the two words we use to describe genderRead MoreCultural Context Of The Temple Of Athena1745 Words à |à 7 PagesDiscuss the influence of culture to a classic building Liujingya 2016-4-21 6714415 Ã¢â¬Æ' Contents ï ¬ Introduction ï ¬ Main body 1. Establishment of the temple 2. Related politics and art 3. Culture development ï ¬ Conclusion Cultural influence of the temple of Hera It is very clear that ancient buildings can be a part of the evidence to show what happed in the history. As a part of ancient culture, architectural languages have the significant vale in both culture and construction. The templeRead MoreWhat Ways Does Cultural Racism Manifest Itself?1651 Words à |à 7 Pageshistory books; such as Roman Empire, Greek Empire etc. This form of racism manifest itself in several ways. Certain cultures self-proclaimed superior to orders and they use that self-given authority to rule over smaller, weaker cultural identity. Certain views expressed of the Muslin culture in recent years can be viewed as a similar form of cultural racism. 31-35) In what ways does institutional racism affect the status and standing of minorities in American society? Be specific. R - InstitutionalRead MoreI Have Been Dancing For 11 Years877 Words à |à 4 Pagesthe history of dance we must look at what it means to us in our everyday lives and how it has impacted us. All it takes is one idea to start something amazing. The idea of dance when it first became noticed was with the Greeks. Think of dance now. Now think of a bunch of Choro Greeks from theater, dancing in a circle for the Gods. Can you believe dance was so simple during 600 BC? Dance today involves a lot of technique, flexibility, and skill. The technique part of dance is pointing toes, straightRead MoreHow Cahokia Is The Most Influential Cities1028 Words à |à 5 PagesCahokia is arguably one of the most influential cities in its time. Although there is little known about Cahokia, aspects of their culture (like games, artifacts, and religious aspects) can be found throughout the Americas. If so much of the area had not been bulldozed before being excavated, we may have known more about the area. Cahokia had such an impact during its time, traces of Cahokia can be found in other communities such as the Osage, Pawnee, and many more. 1. Cahokia made its huge markRead MoreAltered-States-of-Consciouness (ASC): The Causes and the Impact on Society2155 Words à |à 9 PagesReligion is fraught with stories and myths of otherworldly journeys. There are a variety of reasons; however, the two main ones one may notice are humansââ¬â¢ innate pattern recognition, and our necessity to define and understand the world in which we live. These otherworldly excursions, out-of-body-experiences OBEs, near-death-experiences NDEs, and altered-states-of-consciousness ASCs are side effects of trauma rather than real experiences. 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Tuesday, May 12, 2020
During the Gilded Age (1876-1900), Were the Presidents...
The Gilded Age will be remembered for the accomplishments of thousands of American thinkers, inventors, entrepreneurs, writers, and promoters of social justice. The Gilded Age and the first years of the twentieth century were a time of great social change and economic growth in the United States. Roughly spanning the years between Reconstruction and the dawn of the new century, the Gilded Age saw rapid industrialization, urbanization, the construction of great transcontinental railroads, innovations in science and technology, and the rise of big business. Afterward, the first years of the new century that followed were dominated by progressivism, a forward-looking political movement that attempted to redress some of the ills that hadâ⬠¦show more contentâ⬠¦Mechanization and marketing were the keys to success in this age: companies that could mass-produce products and convince people to buy them accumulated enormous amounts of wealth, while companies that could not were forced out of business by brutal competition. Railroads were the linchpin in the new industrialized economy. The railroad industry enabled raw materials, finished products, food, and people to travel cross-country in a matter of days, as opposed to the months or years that it took just prior to the Civil War. By the end of the war, the United States boasted some 35,000 miles of track, mostly in the industrialized North. By the turn of the century, that number had jumped to almost 200,000 miles, linking the North, South, and West. With these railroads making travel easier, millions of rural Americans flocked to the cities, and by 1900, nearly 40 percent of the population lived in urban areas. By the twentieth century, the rise of big business and the large migration of Americans from the countryside to the cities caused a shift in political awareness, as elected officials saw the need to address the growing economic and social problems that developed along with the urban boom. Progressives believed that the government needed to take a strong, proactive role in the economy, regulating big business, immigration, and urbanShow MoreRelatedEssay about History: World War I and Bold Experiments7600 Words à |à 31 Pages1918ââ¬Å ââ¬â1929 Part 5 Essential Questions After studying the chapters in Part 5, you should know how to answer the following questions: 1. Why and how did American society industrialize during the late nineteenth century? 2. What were the causes and consequences of urbanization? 3. How did political change and progressive reform gain momentum after 1900? 4. How did the United States emerge as a world power by 1918? 5. What tensions between the old and new existed in the 1920s? The 1920 Census
Wednesday, May 6, 2020
Compare and Contrast the Marketing Strategies of Li Ning Free Essays
English Language Centre Cover Sheet | Draft| X| Course Work Submission| Put an X in the box to show whether this is a draft or a credit-bearing coursework assignment Full Name (in pinyin)| | Yinqin Wang| English Name (optional)| | | ID Number| 1101133| Class (e. g. Y2_EEE_A1)| Y2_BAD_A2| Programme| Business Administration| Module Code| EAP105| Assignment Title| Compare and contrast the marketing strategies of Li Ning domestically and internationally| Submission Deadline| 22 October 2012 before 20:00| EAP Tutorââ¬â¢s Name| Jacqueline Banki| Final Word Count| 1057| I certify that: * I have read and understood the Universityââ¬â¢s definitions of COLLUSION and PLAGIARISM (available on p. We will write a custom essay sample on Compare and Contrast the Marketing Strategies of Li Ning or any similar topic only for you Order Now 31 of the current Academic Student Handbook of Xiââ¬â¢an Jiaotong-Liverpool University and in the 2011 ELC Student Handbook Appendix 2, 4, and 5). With reference to these definitions, I certify that: * I have not colluded with any other student in the preparation and production of this work; * this document has been written solely by me and in my own words except where I have clearly indicated and acknowledged that I have quoted or used figures from published or unpublished sources (including the web); * where appropriate, I have provided an honest statement of the contributions made to my work by other people including technical and other support staff. I understand that unauthorised collusion and the incorporation of material from other works without acknowledgement (plagiarism) are serious disciplinary offences. By uploading my assignment onto ICE, I formally declare that all the above statements are true. Scoring ââ¬â For Teachers Use (teachers may change descriptor labels below as needed)| Marker| Initials| C| O| G| V| R| Final Mark| First ââ¬â red pen| | | | | | | | Second ââ¬â green pen| | | | | | | | Third (if needed)| | | | | | | | For Academic Office Use| Other Penalties| Date Received| Days Late| Late Penalty| Marker Initials| Format (Y/N)| Plagiarism Code| Collusion Code| | | | 1. | | | | | | | 2. | | | | Compare and contrast the marketing strategies of Li Ning domestically and internationally With Chinese economy developing rapidly recent years and the huge success of 2008 Beijing Olympics, Chinese sportswear market has emerged a blooming scene. Not only the mighty foreign brands such as Nike and Adidas win the favor of Chinese people, which took 10. 5% and 7. % of mainland sportswear transactions respectively in 2011, the domestic brands such as Li Ning and Anta also occupy large market share (China Daily, 2012). Li Ning, the Chinese domestic sportswear brand which bears the name of renowned Chinese gymnastic athlete Li Ning, acts a leading role in Chinese sportswear market. Only secondly to Adidas, Li Ning possesses 7. 2% market share and keeps expanding (China Daily, 2012). Not satisfied with its immense domestic achievement, Li Ning strives for more enormous stage and switches its target to international market since 2011. Notably, on the one hand, the domestic marketing strategies of Li Ning, such as opening and streamlining numerous retail stores, are somehow quite different from the international strategies like using e-commerce approach. On the other hand, the strategies domestically and internationally also share several similarities like attaching importance to branding. The emphasis of this essay is to compare and contrasts the domestic and international marketing strategies of Li Ning. Although to some extent few of these strategies are alike, Li Ning has largely followed diverse approaches domestically and internationally. To begin with, there are some similarities between the market strategies of Li Ning domestically and internationally, such as investing more in branding to cultivate its long-term competitiveness. Specifically, both domestic and international strategies take steps to sponsor famed athletes or sports team to advertise the high quality and advanced functionality of its products, which aims to make people hold a favorable impression of Li Ning. For instance, in 2012 London Olympics, various overseas medal candidates like Spainââ¬â¢s basketball team were signed with Li Ning (Brandchannel, 2012). Also, Li Ning grasped Chinese top gold medal forecasts in multifarious sports events like ping pong and badminton, which includes Lin Dan and Wu Mingxia who enjoy the high popularity among Chinese people (Brandchannel, 2012). Especially, the athletes who are sponsored by Li Ning are inspired to publicize Li Ning not only by wearing its products. For example, immediately after Lin Dan won the gold though the spectacular final game, the logo of Li Ning at the jersey of Lin was tugged to display a gesture of appreciations, which makes the effect of advertising cracking (Brandchannel, 2012). Furthermore, domestic strategies are also similar to international strategies in targeting young generations. Domestically, Li Ning replaced old logo and slogan to make the brand more abut to the generation born after 1990s as well as establishes new ââ¬Å"sixth-generation storesâ⬠which attracting young clients (China Daily, 2011). World widely, Li Ning also focuses on young people because they are unbiased to Chinese brands, accustomed to shopping online and generally spend so much time surfing the Internet, which opportunely corresponds to the e-commerce strategy of Li Ning (Ad Age, 2011). Although the domestic and international strategies share some similarities, they nevertheless employ fundamentally different approaches in a number of key areas, such as using different channels to sell products. In other words, the strategies domestically direct to sell inventories mainly in solid shops, whereas the international strategies prefer using e-commerce, event marketing and digital media. In detail, numerous retail shops spread all over China are owned by Li Ning. Also, confronted the cooling Chinese economy in recent times, in order to raise the efficiency of entity sales, the company adopts measures that streamlining the network of the retail stores and entering lower tiers cities to speed eliminating premium brands by merger and acquisition(China Daily, 2012). When it turns to worldwide, to shun retail channels, Li Ning established its appropriative e-commerce sites as the only passageway to its products and released a delicate teaser video heavily on its Facebook page and twitter account (Voight, 2012). Also, microsites and events are relied to induce online buzz (Voight, 2012). In addition, the domestic and international strategies are dissimilar in the slogan and the images they are intended to shape. Domestically, Li Ning created a new slogan ââ¬Å"make the changeâ⬠to indicate that greatness is not undying, only changes can be perpetual, which not only nettles the slogan of Nike ââ¬Å"Live through your greatnessâ⬠, but also remodels the impression of Chinese people on Li Ning as a more high-end brand (Brandchannel, 2012). Internationally, the slogan ââ¬Å"straight out of new Chinaâ⬠demonstrates that its products leverage its rich Chinese culture and are diverse from the cheap, rough made-in-China goods as old perception considered (Voight, 2012). Furthermore, with regards to new marketing segments need to be expanded, Li Ning focus on Children garment domestically while women market segment internationally. Cooperated with local children garment firm Paclantic to design more attractive children sports and leisure clothing, the clothes could be sold in the franchised stores and affiliated shops of Li Ning in China (Wang, 2012). Nevertheless, the market segment of women who do not need intramuscular figures and desire equal positions with men are attached importance to by the international strategies of Li Ning (Warc, 2011). In summary, this essay has made comparisons and contrasts between the marketing strategies of Li Ning domestically and internationally. The domestic strategies, like the international ones, have strong sponsor awareness and also aim to attract younger generations. Despite that the international and domestic strategies have to some degree implemented similar strategies; essentially approaches are adopted in crucial areas, such as using different slogans, selling products by different channels and expanding different market segments. Although the e-commerce method ingeniously avoids complex retail channels internationally and the notion to achieve long-term profits domestically seem to be reasonable, Li Ning may ot achieve so many profits as they expected, because its vague brand positioning might cause the confusion and misconstrue of domestic people and its international consumers may despise Li Ning for its imitative logo and slogan which have some resemblance to Nike and Adidas. It is suggested that Li Ning should slow down its expansion and invest more to raise the quality and make some innovations instead of having large inventories discounted as a result of expanding too fast. Also, to have explicit brand positioning is crucial. Nonetheless, as Li Ning keeps adjusting corresponded to the changing situation and creating new products, it is too early to definitively judge whether Li Ning will have a promising future. References list Ad Age (2011). Chinaââ¬â¢s Li-Ning Takes on Nike, Adidas With U. S. E-Commerce Site. [online]à New York: Ad Age. Available from: http://adage. com/article/cmo-interviews/china-s-li-ning-takes-nike-u-s-e-commerce-site/231642/. (Accessed 12 October 2012) Brandchannel (2012). London 2012: Success as Li-Ning ââ¬ËMakes a Changeââ¬â¢ in Olympics Strategy. [online] New York: brandchannel. Available from: http://www. randchannel. com/home/post/2012/08/13/London-2012-Li-Ning-081312. aspx. (Accessed: 12 October 2012) China Daily (2011). Li Ning expects business to slow. [online] Beijing: China Daily. Available from: http://www. chinadaily. com. cn/bizchina/2011-01/18/content_11874065. htm. (Accessed: 12 October 2012) China Daily (2012). Chinaââ¬â¢s sportswear brands nurse Olymp ics hangover. [online] Beijing: China Daily. Available from: http://www. chinadaily. com. cn/business/londongames/2012-07/02/content_15542591. htm. (Accessed: 12 October 2012) Voight, J. (2012). Video Is Lifeblood of Li-Ningââ¬â¢s ââ¬ËNew Chinaââ¬â¢ Sneaker Launch. online] Charlotte: ClickZ. Available from: http://www. clickz. com/clickz/news/2166538/video-lifeblood-li-nings-china-snea ker-launch. (Accessed: 12 October 2012) Warc (2011). Li-Ning plans global push. [online] London: Warc. Available from: http://www. warc. com/Content/News/Li-Ning_plans_global_push. content? ID=e7907838-2cd7-4859-ae44-f1695abdbd52;q. ( Accessed: 12 October 2012) Wang, W. (2012). Li Ning rejoins race in childrenââ¬â¢s wear market. [online] Beijing: China Daily. Available from: http://www. chinadaily. com. cn/business/2012-05/12/content_15276320. htm. (Accessed: 12 October 2012) How to cite Compare and Contrast the Marketing Strategies of Li Ning, Papers
Friday, May 1, 2020
Financial Risk Management Telstra Corporation Limited - Free Sample S
Question: Discuss about theFinancial Risk Managementfor Telstra Corporation Limited. Answer: Introduction Financial risk management is considered to be the ultimate practice of economic value in a company by using instruments so as to manage risks exposure such as market risk, credit risk, and liquidity risk (Black, Kirkwood, Williams, Rai, 2013). Financial risk management usually occurs when a particular investor or a fund manager analyzes and attempts to quantify the probability of losses in securities and they undertake the proper action given their risk tolerance and investment objectives. This assignment discusses the aspect of financial risk management in Telstra Corporation Limited and how the company uses Hedge accounting rules in its operations. Telstra Corporation Limited Overview and Business Activities Telstra Corporation Limited is known to be the biggest media and telecommunication company domiciled in Melbourne, Australia. The company makes and operates telecommunication systems and markets mobile, pay television, internet access, voice, and various other telecommunication products. The company was formed in 1901 as a result of Australian Federation. Telstra Corporation Limited has a long history in Australia as it initiated its operations as a government department and later was privatized as it has been undergoing a change strategy in order to become more consumer focused under its CEO, David Thodey. In the FY2016, the company had revenue of A$27.1 Billion, operating income of A$6.3 Billion and a net profit of A$5.8 Billion respectively. The company is considered to be the leading Technology and Telecommunication Company in Australia that basically offers a full range communication products and competing in all the communication markets (Telstra Corporation Limited annual repo rts, 2015, 2014 2013). The company offers about 17.2 Million mobile phones, 7.0 Million fixed voices products and 3.4 Million retail fixed broadband products. Telstra Corporation Limited has faced competition from Optus which is the Australian second largest communication firm and a number of small providers. The company usually operates through four divisions; Telstra Retail division that provided telecommunication services and products (Chang, Gonzlez Jimenez, 2013). Global Enterprise and Services division that offers sales for both government and business clients, Telstra Wholesale division that provides a range of telecommunication services and products delivered via Telstra Corporation Limited network and carriage services providers. Financial risks Telstra Corporation Limited exposed to According to the companys FY2015 reports, the risks associated with the firm operations comprise of credit risks, market risks and liquidity risks. Market Risk According to the firm, a market risk is considered to be the risk that the future cash flows or fair value of the firm financial instruments will basically fluctuates because of variations in the market prices (Christoffersen, 2012). Interest rate risk: The aspect of interest rates usually keeps fluctuating thus exposing the company to floating interest rate Credit Risk Credit risk is another risk that a company may not be able finishes its obligations under a financial security that leads to the company making a financial loss. The company faces credit risk exposure on all financial assets that include statements of financial position and assets. Yes, the company is exposed to these risks next year (Black et al. 2013). According to the company financial report, these risks are assessed as significant for the company within the next year because it assists the firm evaluate its operation success and allow the firm to maximize profits as it minimizes expenses on diverse activities that do not produce any return on investment. Liquidity Risk Liquidity risk is another risk that is basically associated with the company operations that includes the diverse arising from the company operations. These kinds of risk usually cause the company incapable to settling any financial obligation or even reposes financial assets at all. Primary Offsets to Mitigate Risks As most of Telstra Corporation Limited activities are exposed to diverse financial risks, the company executives seek to mitigate these risks through employing diverse finance instruments such as securities. The company uses the following aspects as primary risks for mitigating risks; Fair value interest rate risk management: In order to manage the interest rate risk, Telstra Corporation Limited decides to maintain the proper mix between the fixed and floating interests borrowings and also using the interests rate swap contracts (Dong, Kouvelis, Su, 2014). These types of activities are often evaluated so as to make sure that hedging techniques are aligned with interests rates views. Management of credit risks: For the company to minimize this kind of risk, the company only deals with the creditworthiness counterparties. The credit trustworthy and the credit rating is often monitored by the aggregate cost of the concluded transaction which is basically separated among approved business partners since there is no vital credit risk exposure to a single partner (Hull, 2012). Telstra Corporation Limited mitigates this kind of risks by ensuring that its business operations are performed effectively. Management of Liquidity Risks Telstra Corporation Limited management assesses its short term and long term funding since it is usually their responsibility. Adequate banking facilities, reserves, and reserve borrowings are basically maintained by the firm so as to minimize the liquidity risks as it is often monitored to make sure that the firm has sufficient resources to avoid this type of risks. Financing plans such as taking unsecured bank overdrafts and unsecured banks facilities are basically maintained so as to ensure that the company has enough resources for utilization. Overall Approach for Managing Risks The following are the approaches that form the overall risks management; Development of risk management framework: This framework is developed and implemented in Telstra Corporation Limited as it is inconsistent with the accounting standards used in Australia (Brigham, Ehrhardt, 2013). The Risk management framework identifies, monitor and assesses the risks. The aspect also develops and implements the process of risk management. Enhanced responsibilities: According to the aspect of risk management, responsibilities are categorized among the Audit and Risk Management member, board and the company management. Each group embraces its responsibilities as they will make sure that the company mitigates its risks at all levels. Review: The risk management policies and framework are often monitored are regular bases to measure its success (Conway, 2012). Telstra Corporation Limited often monitors and evaluates its risk management frameworks so as to check for effectiveness and replace any framework and policy that is ineffective. Adoption: Telstra Corporation Limited adopts the risk management policy and framework so as to ensure that the company productions are enhanced. Telstra Use of Hedge Accounting Rules Hedging describes the manner in which Telstra uses the financial instrument and in this case the derivatives to manage the exposure to financial risks. The gain or loss that is accrued to the underlying item that is an item that has been hedged is anticipated that it moves in a reverse direction to the gain or loss incurred on the derivative that is a mechanism that has been hedged hence offsetting the risk position of Telstra. Hedge accounting for this case heightens a technique that enables a perspective where the gains or losses to be matched with the instruments and items that have been hedged in the equivalent period of accounting to minimize the unpredictability in the income report (Kaplan, 2012). The standard of accounting that is applicable for Telstra is AASB 9-Financial Instruments which necessitates that certain norms are encountered in order for the application for hedge accounting. Telstra is also obliged by AASB Financial Instruments; Revelations to deliver some precise exposes in respects to the activities for hedging. Types of Hedges Fair Value Hedges Fair value hedges objective is to transform the interest borrowings that are fixed to rate of interest rate borrowings that is floating. Telstra enters into interest rate and swaps in cross currency to moderate the acquaintance of the company to fair value of the long term borrowing changes. AASB9 permits a component of the borrowing margins for Telstra with the cross currency swaps to be submitted in equity. The element is included in the interest on borrowing in the income report over the outstanding maturity of the borrowing. Hedge for Cash Flows The objectives of Telstra hedging for cash flow are to hedge the revelation that ascends from the inconsistency in future for cash flows of interest and foreign currency arising from borrowings that accept interest at adjustable rates or are foreign currency denominated. Hedging for cash flow is also encapsulated to alleviate the exposure of foreign exchange that arise from foreseen connections in the future (Klettner, Clarke, Boersma, 2014). The contracts of forward foreign exchange for Telstra are used to hedge a certain quota of the highly likely projection dealings that are denominated in foreign currency. The contracts in hedging for foreign currency risk for Telstra that arises from changes in the spot rates. 2015 2014 2013 High probable forecasts Millions Non Capital Items Within 1 year ($801) ($306) ($431) Capital Items Within 1 year ($135) After 1 year ($2) Borrowings Within 1 year ($539) ($1,156) ($264) Within 1-5 year ($4,168) ($2,485) ($3,768) After 5 years ($4,559) ($4,055) ($4,465) ($10,204) ($8,002) ($8,928) Hedges of Net Investment in Foreign Operations The exposure of foreign exchange for Telstra ascends from investment in operations in a foreign country. The possibility ascends from the transaction of the net assets of the enterprises from their functional currency in AUD. The enterprise term the contracts for forwards in foreign currency, swaps that are cross currency and borrowings made in foreign legal tender as hedges for the risk. Derivatives not in a Designated Hedge Relationship Telstra hold some financial instruments derivatives that are not legally designated in hedging relations as normal offsets realizes substantial the equivalent accounting outcomes. The primary composition include the contracts of forward in foreign currency that are encapsulated to economically hedge the movement of fair value that is attributable to fluctuations in the rate of exchange which include trade creditors from trading activities and other obligation and balances of assets that are denominated in foreign currency. Method of Determining Hedge Effectiveness The implementation of AASB 9 (2013) has led to a smaller amount ineffectiveness being recognized as definite cost of hedging may now be left out from the relationships that are designated for the hedges (Mayorga, Sidhu, 2012). The company utilizes the preference to disregard foreign currency base extents from the designated fair value and cash flow associations. The reserves for cash flow hedge is attuned to the lower of the collective gain or loss on the hedging mechanism and the cumulative alteration in fair value of the hedged time. The alteration does not effect in any ineffectiveness that is material. References Black, S., Kirkwood, J., Williams, T., Rai, A. (2013). A history of Australian corporate bonds.Australian Economic History Review, 53(3), 292-317. Brigham, E. F., Ehrhardt, M. C. (2013). Financial management: Theory practice. CengageLearning. Conway, S. L. (2012). Guidelines for Corporate Governance Disclosureare Australian listed companies conforming?. Journal of the Asia-Pacific Centre for Environmental Accountability, 18(1), 5-24. Chang, C. L., Gonzlez-Serrano, L., Jimenez-Martin, J. A. (2013). Currency hedging strategies using dynamic multivariate GARCH. Mathematics and Computers in Simulation, 94, 164-182. Christoffersen, P. F. (2012). Elements of financial risk management. Academic Press. Dong, L., Kouvelis, P., Su, P. (2014). Operational hedging strategies and competitiveexposure to exchange rates. International Journal of Production Economics, 153, 215-229. Hull, J. (2012). Risk Management and Financial Institutions,+ Web Site (Vol. 733). John Wiley Sons. Kaplan, R. S., Mikes, A. (2012). Managing risks: a new framework. Klettner, A., Clarke, T., Boersma, M. (2014). The governance of corporate sustainability: Empirical insights into the development, leadership and implementation of responsiblebusiness strategy. Journal of Business Ethics, 122(1), 145-165. Mayorga, D. M., Sidhu, B. K. (2012). Corporate disclosures of the major sources of estimationuncertainties. Australian Accounting Review, 22(1), 25-39. Telstra Corporation Limited annual reports. (2015, 2014 2013). Retrieved fromhttps://www.telstra.com.au/content/dam/tcom/about-us/investors/pdf-e/2016-Annual-Report.pdf Telstra Corporation Limited risk management. Retrieved fromhttps://www.telstra.com.au/content/dam/tcom/about-us/investors/pdf%20D/governance-at-telstra.pdf
Saturday, March 21, 2020
For A Lot Of Us Growing Up, Our Mothers Have Been An Integral Part Of
For a lot of us growing up, our mothers have been an integral part of what made us who we are. They have been the one to forgive us when no one else could. They have been the one to comfort us when the world seemed to turn to evil. They have been the one to shelter us when the rain came pouring down. And most importantly, they have been the one to love us when we needed it the most. In "Two Kinds," by Amy Tan, Jing-mei is a young daughter of a Chinese immigrant. Growing up she had to endure being raised by an overbearing mother as well as deal with psychological struggles within herself. She had to learn how to become a woman on her own terms. Throughout the story, her mother repeatedly pressures Jing-mei to be something that she is not. She wants Jing-mei to somehow become a prodigy child. She has such high hopes for her daughter that she doesn't realize the amount of distress she causes Jing-mei. Like all good mothers, she only wants the best for her child. Since immigrating to America, she believes that anything can be accomplished and she uses her daughter as her outlet to prove it. She continuously gives Jing-mei numerous tests to memorize bible passages and world capitals, and eventually coerces her into taking piano lessons, which becomes the prime focus of her ?perfect daughter' determination. Jing-mei reacts extremely negatively to this pressure. This is only exemplified when she states, "'I won't let her change me, I promised myself. I won't be what I am not." She is forced to take a stance against her mother primarily because she doesn't want to be forced into becoming something that she is not. Jing-mei feels s he must become her true self, a person whom she feels her mother is not to determine for her. Jing-mei feels uncomfortable with her mother putting so much pressure on her. She is on a continuous struggle within herself to find who she really is. She is constantly distraught over torn feelings of wanted to become her true self and making her mother proud. Still, as time goes on it proves to be better to go against the tide, go against her mother's wishes. "And after seeing my mother's disappointed face once again, something inside of me began to die. I hated the tests, they raised hopes and failed expectations." This quote only exemplifies her troubled feelings of inadequacy that her mother's expectations created. She sobbed and said during an argument, I'll never be the kind of daughter you want me to be! She asked, Why don't you like me the way I am? The only way she could handle her mother's expectations was to always succumb to defeat. By the end of the story the outlook on these pressures take a different turn. Jing-mei has matured from a girl into a woman and, as a peace offering, her mother offers to give her the piano?the main object of adversity between the two of them. This offers her the realization that she has become herself on her own terms, even with all of this hardship In this story, the piano symbolizes different things for the two of them. For Jing-mei, it symbolized the unwanted stress her mother inflicts upon her, the pressure to become someone she is not. And, for her mother it symbolizes the hope in the child, the hope that she will become a prodigy child, the hope that coming to America gave her. "America was where all my mother's hopes lay.'' This statement only reiterates this free hope America and the piano gave her. The piano piece she had once struggled to play as a child was entitled Pleading Child and was very slow and difficult. She saw that on the next page was a song called Perfectly Contented which was quick and happy. These were two halves of the same song, which is symbolization to her life. During her childhood she had felt dissatisfied with her life and with the choices she was forced to make. As an adult she was offered the piano she had found her inner peace. She had reconciled the issues of her
Thursday, March 5, 2020
The Ultimate AP Human Geography Study Guide
The Ultimate AP Human Geography Study Guide SAT / ACT Prep Online Guides and Tips In your AP Human Geography class, you'll learn about the dynamics of societies around the world in economic, social, political, and environmental contexts. This course focuses a lot on ideas and models, along with terminology that defines the ways in which we've chosen to inhabit and change our surroundings. The following AP Human Geography study guide is designed to guide you through all the concepts covered in the course, with an emphasis on cumulative preparation for the AP exam. What Will You Get From This AP Human Geography Study Guide? This guide will help you review for assessments in your AP Human Geography class by providing links to practice resources and tips on effective study strategies. I'll also give advice that's specific to preparing for the final AP exam. In the first section, Iââ¬â¢ll detail a step-by-step process you can follow to create and execute a customized study plan for the test.This process includes taking a diagnostic test, evaluating your weaknesses, studying the content areas where you struggled the most, and taking additional practice tests to check your progress. To follow up the study plan, Iââ¬â¢ll list a few key study tips to remember as you revisit the course content and take practice exams.Iââ¬â¢ll also give you notes for each topic area that you can use to study for in-class tests and review for the AP exam. Having all this information in one place will hopefully make studying for this class much less stressful! Creating a Study Plan for AP Human Geography In this section, I'll go through the steps of a basic study plan for the AP exam. Most of the principles will also apply to your studying for tests throughout the class, but full practice tests are only important when directly preparing for the final exam. You can use shorter topic-specific quizzes to diagnose your weaknesses in different units of the course earlier in the school year. Step 1: Take and Score a Full Practice Test The first step is to take a full practice test so you can get a better idea of your current score level.When you take the test, time it to the specifications of the real AP exam so that youââ¬â¢ll be able to tell if you have any issues with time management. Keep in mind that on the AP test, you only have an hour to answer 75 multiple-choice questions.To be on the safe side, you should try to get your time down to around 30 seconds per question.The only way to get used to this pace is to take practice tests under the same conditions. You might consider usingthis full practice test from Barronââ¬â¢s, which offers both timed and untimed versions with automatic scoring for multiple choice.As you take your practice test, circle or make note of any questions where you feel anything less than totally confident in your answer. Even if you end up getting them right, you should reexamine that content later in your review to increase your comfort level with the material. When you're done, score your test so you can see where you fall in the AP range. You can use this online calculatorfor a decent score estimation based on how many raw points you earned.Then, set a goal for improvement, and decide how many hours youââ¬â¢ll need to put into your prep.If you have a couple of months, you should be able to put in 20+ hours of study time.This will be an appropriate amount studying if youââ¬â¢re hoping to improve by more than one AP point.If you only need to improve by one point or are just looking to raise your score within the same range, you might be able to wait until the month before the test to start the rest of the process. You shouldnââ¬â¢t need to study for more than 10-20 hours. Step 2: Go Through Your Mistakes If you decide to begin the rest of this process now, go through your mistakes on the practice test, and categorize them.This is how youââ¬â¢ll decide which content and skill areas to focus on in your review.Thereââ¬â¢s no point in studying concepts and terms that youââ¬â¢ve already mastered.If you want to see real improvements, this is the most important stage of the study process.You canââ¬â¢t fix your mistakes unless you know what they are first! Step 3: Study Appropriate Content After you finish analyzing your mistakes, start looking at notes that correspond to the areas where you had the most trouble on the test.Make sure youââ¬â¢re fully absorbing the information as you read.In this case, flashcards might be useful because there are so many terms to remember for AP Human Geography.If you found the free response questions especially challenging, practice a few more of those before you move on to the next step.You can also use some of the sites Iââ¬â¢ll link to later in this article to review specific topics with short multiple-choice quizzes. Step 4: Take a Second Full Practice Test When you feel that youââ¬â¢ve fully addressed all of your mistakes on the first test, you can take a second test to see if your scores have improved. Compare your new score to the goal you set in the first step, and decide whether you want to go through the study process again or are happy with your current score. If you're satisfied, you can take a break and just do a bit of light review up until the test. If you find that you havenââ¬â¢t improved, you should reevaluate how you conducted this process and make some changes to your strategy in the next round.Were you in an environment that was too distracting? Did you skim over our notes without really absorbing them? These are the kinds of things that can cause your progress to stall. For planning purposes, hereââ¬â¢s the estimated time required for each of the steps in the process for this exam: Step 1: 2.5 hours Step 2: 1 hour Step 3: 2 hours Step 4: 2.5 hours It should take approximately eight hours total for a complete cycle. Of course, you can always extend the time you spend reviewing content if youââ¬â¢re rusty on a bunch of different topics or just want to be extra thorough. Clean off that rust with an acidic solution of facts. AP Human Geography Study Tips These are a few of the most valuable strategies to keep in mind as you go through your study plan to prepare for the AP exam.They should also be helpful in your preparation for smaller assessments throughout the school year in your class. Tip #1: Know Your Regions To get full credit for most free response questions, you have to provide specific examples to support your answers.That means being able to identify the characteristics of world regions regarding their various cultures, demographics, and physical environments.Youââ¬â¢ll see a map of the major regions covered by AP Human Geography in the content section of this guide along with a list of seven topics.You should be able to locate each region and identify the relationship it has with each of the seven topic areas. Tip #2: Terms, Terms, Terms Although knowing your way around a map is important, much of AP Human Geography is about your knowledge of terminology.Iââ¬â¢d highly recommend making flashcards or using online flashcards in your studying (I'll put a link to some of these in the upcoming content section!).Many multiple-choice questions are essentially just asking for definitions, and some free response questions begin by asking you to define a term that the rest of the question addresses in more depth. Even if it's not this direct, knowing your way around the language of the field of geography will make it much easier to understand questions without relying on shaky assumptions or inferences. Tip #3: Pay Attention to Important Models and Theories Human Geography is mostly considered a humanities subject, but there are some scientific elements to it. These show up in the form of demographic models that are introduced throughout the course. It's important to know how to read models and understand what they represent. You should also know how they connect to major theories in human geography and what those theories say about the development of society. I'll give you a link to a comprehensive list of models and theories at the end of the next section. Skylar, how many times do I have to explain homophones to you? YOU'RE. NOT. HELPING. AP Human GeographyTopics and Notes AP Human Geography covers seven major topic areas. In this section,Iââ¬â¢ll list each of them followed by notes that cover relevant subtopics. You can use these notes in the content review stage of your final AP study process and during the year as you review for in-class tests.You might find these notes (from CourseNotes) difficult to get through because theyââ¬â¢re written in such a way that itââ¬â¢s hard to pick out key concepts. There are a lot of long paragraphs with no bolding of important terms.If you find these notes borderline incomprehensible, you should try getting a review book that puts all the content in clearer terms. I thinkCracking the AP Human Geography Exam is a good starting point. As a precursor to the notes, here's a map of all the world regions that are discussed throughout the course. You'll need to consider how these topics apply differently to varying locations around the globe: Topic #1: Geography: Its Nature and Perspectives Geography and Human Geography Topic #2: Population The Earth As Humanityââ¬â¢s Home Fundamentals of Population: Location, Distribution, and Density Processes and Cycles of Population Change Where and Why People Move Topic #3: Cultural Patterns and Processes Cultures, Environments, and Regions A Geography of Languages Diffusion of Languages Modern Language Mosaics Origins and Distribution of Religions Religion: Location, Diffusion, and Cultural Landscape Religion, Culture, and Conflict Topic #4: Political Organization of Space Political Culture and the Evolving State State Organization and National Power Multinationalism on the Map The Changing Global Political Landscape Topic #5: Agricultural and Rural Land Use The Livelihoods of Rural Peoples Rural Settlement Forms Commercial Agriculture Global Disparities in Nutrition and Health Topic #6: Industrialization and Economic Development Industrial Activity and Geographic Location Resources and Regions: The Global Distribution of Industry Concepts of Development From Deindustrialization to Globalization Topic #7: Cities and Urban Land Use Civilization and Urbanization Urbanization and Location Urban Pattern and Structure Changing Civic Experiences Since terms are so important on the exam, Iââ¬â¢d also recommend checking out this full list of all vocab covered by the course (provided by Quizlet) so that you can review all the vocabulary you need to know in one place. You should also check out this overview of all the different theories and models covered throughout the course. When lots of humans get together to form an urban community, they can't help but color on everything. What an adorable species. Resources for Reviewing Content In this section, Iââ¬â¢ll go over a few different resources that you can use to test your knowledge of the content and take practice tests and quizzes. Review Books Review books are helpful resources that provide access to additional practice questions and tests.They often include diagnostic tests that will help you diagnose your weak areas accurately and with less legwork on your part.Especially in a subject like Human Geography that can be a little elusive, review books will help you figure out exactly what you need to study and how you should study it.Read my guide to the best review books for this course to get a better idea of which ones you should consider getting.Some solid review books include: Cracking the AP Human Geography Exam (Princeton Review) Barronââ¬â¢s AP Human Geography AP Human Geography Crash Course (REA) Official Free Response Questions (2001-2015) This includes all the free response questions that have been asked on the AP Human Geography exam since 2001.Be aware that the scoring guidelines are only included for 2004 onwards, so the first three sets of questions for 2001-2003 donââ¬â¢t have official answers that you can consult. Sporcle Geography Quizzes As I mentioned in the tips section, it's important to know your world regions for AP Human Geography so you can back up your answers with specific examples.You donââ¬â¢t need to be a complete expert on where every country is located, but these quizzes are both fun AND educational, so Iââ¬â¢d recommend checking them out (warning: super addictive). Countries of the World Countries of Asia Countries of Europe Countries of Africa Countries of South America Countries of North America Varsity Tutors Diagnostic Tests This site offers four diagnostic tests for AP Human Geography with 75 questions each (multiple-choice only).The tests have automatic scoring, and each is given a preliminary difficulty level rating.There are also tons of mini-quizzes listed by concept if you want to practice topic-specific questions as well as flashcards that will help you learn all the course terminology. Learnerator Practice Quizzes There are quizzes on every topic with questions categorized by difficulty level. Quizzes range in length from 10-40 questions, and the site keeps a running tally of how many questions youââ¬â¢ve answered correctly in each category (easy, medium, and hard). Unfortunately, you do need to pay for access to the quiz questions in the "hard" category.Itââ¬â¢s $25 to get full access to all the AP Human Geography questions, including a bunch of free response practice. Chapter Quizzes for Human Geography: Landscapes of Human Activities (11th Edition) If you select a chapter of this book on the left-hand navigation bar, you can scroll down and click on a link for a multiple choice quiz.These quizzes are helpful review materials even if your class isnââ¬â¢t using this particular textbook. Now, sit back and enjoy the fruits of your labor in the form of an A and/or 5. Conclusion This AP Human Geography study guide has covered a review plan for the AP test, tips for success in studying throughout the year, and a list of all the topics included in the AP Human Geography curriculum. Let's recap!The steps in a successful study plan should look something like this: Step 1: Take and Score a Practice Test Step 2: Go Through Your Mistakes Step 3: Study Appropriate Content Step 4: Take a Second Practice Test Again, you can go through this process multiple times if you don't get the results you want in the first round. Just pay close attention to whether or not you're improving. If not, make changes to amp up the effectiveness of your content review. Some study tips you should keep in mind as you study for both the AP test and in-class assessments include: Tip #1: Know Your World Regions Tip #2: Terms Are Important Tip #3: Pay Attention to Major Geographic Models and Theories After you're clear on the fundamentals of how to study, you can use the notes and practice resources in the second half of the article to prepare for unit quizzes, midterms, and the final AP test. What's Next? Are you thinking about self-studying this class or other AP classes? Find out more about whether AP self-study is right for your situation and which classes are the most manageable options. If you're still planning out your schedule for the future, check out our article on which other history classes you should takeafter AP Human Geography. You might also be interested in these articles that discussAP credit policies at colleges and which classes you should takethroughout the rest of your time in high school based on your college goals. 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Tuesday, February 18, 2020
Revising Techniques in Crime Scene Processing Essay
Revising Techniques in Crime Scene Processing - Essay Example This has provided an opportunity to update the techniques with modern techniques and procedures (Wise County, 2012). The main objective of this study is to provide a detailed explanation of the different techniques and analysis methods that can be adapted in todayââ¬â¢s investigation process. Discussion Topics That Need To Be Updated In the Guidebook The increasing crime rate globally has highlighted the importance of adapting updated measurements to detect criminals. With reference to section C in the guidebook i.e. ââ¬ËCrime Scene Investigation: A Guide for Law Enforcementââ¬â¢, it has been viewed that certain procedures stated in the guidelines are backdated as compared to the new investigation procedures or equipment invented. The different topics that need to be updated in the guidelines are stated hereunder: With reference to the notion of team composition as represented in Section C, it can be viewed that the guideline only focuses on documenting or recording all the vital factors that can help in further investigation, therefore, this aspect should be updated. In the contamination control context, the guideline related to limiting scene access should be changed. The policy of preparing preliminary sketches should be altered as well. The policy of focusing firstly on easily accessible areas should be changed. And lastly, the process of establishing chain of custody should be updated (Reno et al., 1999). The Vital Reason behind Updating the Topic and How This Would Affect the Forensic/Criminal Justice Community With reference to the above mentioned factor, the first facet that needs to be changed is the process of documentation. It has been viewed that earlier investigators mainly focused on collecting data from the spot of the incidence. However, it has been proven that the belongings of the victim act as a great evidence which can be studied to find the major reason behind the crime. Additionally, if electronic surveillance is done of the area of accident, it would provide more help for the investigators to come to the final result. Again, it has been viewed that according to contamination control guidelines of Section C, it suggests that the access to people directly involved in processing the scene should be limited. However, if the scenes are made open for the people associated with the investigating process, the procedure would have been more effective as different people are qualified with diverse techniques and skills which ultimately would result in making the method more effective. In addition, in the documentation part of Section C, it requires the preparation of initial sketches. However, if taking preliminary sketch is replaced with electronic recordings it would provide a more detailed study of the area. Additionally if electronic sensing devices are used to detect smell, temperature or weather, it would help in making the investigation process more effective by providing more precise data (Cameron, 2011). Mor eover, it has been viewed that the Section C states to focus firstly on the easily accessible area however, if the section prioritizes on areas that are difficult to access or mostly remain unnoticed it would be quite beneficial for the forensic team. This would help in collecting more prior data of the crime conducted and would also help in producing effective
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