Emerging Technologies in Accounting Essay Example | Topics and Well Written Essays - 2000 words

Emerging Technologies in Accounting - Essay Example For the order to be recorded for the delivery date requested, the valid product ids and quantities will need to be entered after the event. If the delivery date requested also needs to be checked for feasibility, the database must have information on the 1) Stocks available for the products ordered; 2) List of all orders scheduled between now and the requested date for the products; 3) Balance capacity available for fulfilling this order. No obligations would be recorded in the Accounting books at this stage. However, the Company accepts the obligation to supply the products by the delivery date; and the customer accepts the obligation to receive and pay for the goods as per the order’s terms. Event b: When the system schedules the production of goods the information needed from the database are 1) Free stocks available for each product ordered; 2) Bill of materials required for the products ordered; 3) Stocks of raw materials available; 4) Production operations to be performed and the time required for each operation; 5) Machinery, Equipment, and Labor required for the operations and their availability Event c: For the system to schedule raw material orders from the vendors, the information needed in the database are 1) Raw material requirements for the goods, based on Bill of Materials; 2) Preferred vendors for the raw materials; 3) Vendor rates; 4) Lead time for supply of the raw materials. Event d: For the raw materials to be received and stored, the database should have information relating to 1) The order placed with the vendors, i.e., Vendor Id, Order No, Order date, Desires Delivery date, Raw material id, quantity, price, Delivery terms, and Payment terms; 2) Goods acceptance details based on inspection of the raw materials supplied.

Electronic communication and its impacts on the organizatio Research Paper

Electronic communication and its impacts on the organizatio - Research Paper Example Nevertheless, the paper will discuss issues related to electronic communication, by defining it, comparing it to traditional forms of communication, discussing its impact on the workplace, and its impact on the customer and organization relationship. The definition of the electronic communication excludes the wire and oral communication as it is defined in the Tile III, from communication tracking devices, paging devices, and electronic funds transfer information, which is stored by financial institutions in their communications system. Therefore, electronic communication is defined in different ways depending on the ways of information dissemination, the purpose of the information conveyed, and the information involved. In this case, the paper has provided an extensive definition of electronic communication, which has been derived from the State Acts concerning communication. Differences between Electronic Communication and the Traditional Communication One of the traditional forms of communication is face to face, and it is a most preferred form of commutation. The main difference between the electronic communication and this form of traditional communication relates to maintenance of personal connection. In this case, face-to-face communication facilitates maintenance of personal connection for the parties involved compared to communication via text messaging and emails. For example, people prefer holding a face-to-face meeting with the other members of the board instead of making a conference call for discussing same issues (Walther, Loh, and Granka 36). In fact, electronic communication denies the parties a chance to see each other’s facial impressions, which are highly pertinent aspects in the process of communication. The other difference between traditional communication and electronic communication relates to the way of interaction since each form determines whether the meeting will take place in a single location or through live interaction ove r the Internet by use of technology. Electronic communication involves technology that allow people to connect from multiple locations, thus creating the ability of getting together with colleagues, managers, and customers through a team building that facilitates achievement of organizational objectives. On the other hand, in traditional communication, a meeting can only be held in a certain location and the parties involved must be in the same location at a period for the meeting to take place. In addition, traditional communication involving the use of telephone allows verbal connection, providing non-verbal cues, which are based on the tone of the voice, pauses and variations. In electronic communication, there are tools such as Skype, which offer online phone connection that includes images and video, unlike the traditional communication. Impacts of E-Communication on the Work Place Communication Electronic communication has made a significant contribution to workplace collabora tion, expansion of globalization and distribution of work team members during the twentieth century. This is essential for sharing of information and communication related to various projects through the Internet, email, social media and virtual team rooms, which are applied as the tools of electronic workplace collabo

A sociological perspective Essay Example for Free

A sociological perspective Essay The term inner city life refers to the system of life of those people, who are underclass, cut off from the regular city life. Yet the elemental building blocks of their lives-work, family, community all exists, however in corrupted forms. A sociological perspective: Inner city residents are underpaid socially disorganised, where no one trusts the other and each has to struggle for existence in highly unfavourable conditions. The most precise way to explain inner city life in sociological terms is to consider 1. Criminality: The absence of proper means of existence leads to the demolition of the laws of the community and every member lives by preying on his fellow citizens. 2. Illegality: Due to the absence of proper family values, and absence of fathers in many cases, the young ones tend to grow up devoid of any values and ethics, unready to take the responsibilities of life and family which they have to undertake at a young age. In other words, they are improperly socialised. Moreover, financial, emotional and intellectual deficits aggravate the situation. 3. Schooling: A teacher has a significant contribution is shaping the lives of children. However teachers in inner city life differ from that of the city teachers on various grounds, teaching experience, certification and involvement with the students. In the inner cities there is a dearth of teachers leading to the appointment of less qualified teachers. The more a teacher spends time with her students, the more are they motivated to come up in life? Not only that, proper cooperation of the teachers help children gain confidence, getting a better idea about life. However, lack of cooperation from the teachers leads to a sense of helplessness among the students and leads them to question their own capabilities. 4. Community influence: apart from school, the time a child spends in his community also shapes his personality. Increased prevalence of poverty, exposure to violence and absence of parents at home leads a child to spend most of his after school time in his community. Absence of structured programs or opportunities is reasons enough for the children to go astray. For example, a black family living in a white dominated area has to face sneers and remarks against their race, which has a negative impact on the children. An economic perspective: The most important reasons which effect youths in inner city are: 1. Lower socio economic status: social disadvantage is associated with increased stress among adults throughout the socioeconomic gradient. One of the foremost reasons for this is the stressful working conditions of the youth. Most of the times, they are made to work under extreme conditions. They are made to do menial jobs and are highly underpaid. Most of the times they are unable to provide for themselves the bare necessities of life. Indulging in criminal activities thus becomes an obvious option. 2. Poverty: this is one condition of existence which hampers their growth. Living in poverty can lead to a deficiency in food, clothing, shelter which all people need to fulfil their growth needs. Poverty is the main source of stress, strain, anxiety and frustration among children which need to be overcome. In absence of the basic needs of existence, children often tend to move towards criminal activities. A psychological perspective: Social disadvantage is related to increased stress among inner city circles. One explanation for this is that as one goes down the socioeconomic order, they have fewer psychological resources to meet this stress because of such challenging circumstances. Because these are abilities and resources those individuals draw upon while stressed, to withstand the threats from the environment. According to Gallo and Mathews, the relative lack of resources is mainly due to depletion, with lack of replenishment of the existing resources and also due to a continuous interruption in the process of development. Economic instability, racism, adequate coping methods, negatively affects the psychology of the people mainly the youth. This is actually the critical period of development in which definite behavioural and psychological patterns are formed which exists throughout. This is termed as â€Å"reserve capacity† â€Å"Psychological† and â€Å"Environmental† perspectives are the two main categories in this field. The first emphasises on objective events and conditions, associated with effective adaptive demands, while the latter focuses on individuals’ subjective evaluation of oneself and one’s abilities to cope with the demands. It stresses that â€Å"stressors† are environmental events or conditions that impose stress on individuals and â€Å"stress† is a person’s appraisal to these conditions as taxing or threatening to their psychological makeup. Among the youth, this stress is subject to their level of optimism, adequacy of coping styles, personality traits and other factors.

Human Resource Management at McDonalds

Human Resource Management at McDonalds Human resource management is the basis of all management activity, but it is not the basis of all business activity. The basis of management is always the same: getting the people of the business to make things happen in a productive way, so that the business prospers and the people thrive. Torrington et al (2005:4) Human Resource can be say to be the strategic and coherent approach management of an organisations most valued assets. The people working these individually and collectively contribute to the achievement of the objectives of the business. Human resource is one of the important parts of any organisation management in the 21st century and up still date. Any corporate firm can get competitor advantage by human resource. The term Human resources can be viewed in two contrasting ways. Placing emphasis on the word Human implies that an organisations assets are valuable human beings with feelings and aspirations that should be respected and nurtured. Highlighting the word resource may have the effect of devaluing the human element by relegating people to a mere resource that is to be deployed as effectively and efficiently as possible, like a piece of machinery. These associated have been embodied as soft and hard HRM (storey, 1992). Soft HRM is often associated with quality-enhancing and value-adding measures, whereas hard HRM is linked to cost-cutting and cost minimization strategies (Schuler and Jackson, 1987). Importance of Strategic Human Resource Management Strategy human resource management is very important because it help to resolve the problems that affect people management programs in the organisation. In every organisation, the employee and customers are very important and the try to listen to their employee and resolve whatever complains from them or the customer. This will help to increase the performance of the organisation. Strategy human resource management also help to improve a business performance and foster an environment of innovation and flexibility among employees. Strategy human resource management help about assessing the companys internal strength and weakness. This is very important as the strengths and weaknesses of the companys human resources have a direct effect on the future of the company. It also helps to check whether the expectations of the employee are addressed properly. The management of Strategy human resource management try to provide the right strategy that will enable the employee to work in a very safe environment and make sure those employees expectation are look into one after the other. Strategy human resource management help to develop the maintainer of competency among workers and it also help to motivate workers to perform their job properly and increase productions. From the above we can see that strategic human resource is now coming to play a very important role in todays business word. Strategy human resource management is all about strategically managing a businesss human resource in a manner that works to the overall benefit of the business. Strategy human resources deal with organisational performance and systems of practice and human resources management deal with an individual employee performance. The role of strategy human resources management or human resources management is to establish a system of human resources management practices that transforms middling work performance to human assets and sustaining the heightened work motivation, expanded job opportunities, and unique skill, knowledge and abilities. http://www.smallbusinessbible.org/strategic_humanr_management.html Comparison of SHRM with HRM The difference between strategy human resources management and human resources management is that strategy human resources management is strategy and human resources management is not, although some resources suggest that strategy human resources management is actually one of the applications of human resources management within an enterprise. The key feature where the two ideas are connected is that they are precisely in approach toward people management. BRIEF HISTORY OF MCDONALDS McDonalds started as a burger brand in 1940 and it was formed by two Brother Richard and Maurice McDonald in San Bernardino, California. It progressed from a hotdog stand into one of the worlds leading restaurant chain. By 1953, McDonalds brothers began franchising their restaurant and the first was taken by Neil Fox who opened in other parts of California. McDonalds Corporation came into existence in 1954 after an entrepreneur and milkshake mixer salesman Ray Kroc acquired the franchise of McDonalds outside California after which he bought the business rights from the McDonalds brothers for $2.7 million in 1961. By 1974 the first restaurant in the UK opened and 1988, they had opened in the communist country in Belgrade, Yugoslavia later in Moscow, China and India. In 2003, the Im loving it campaign was launched and by 2005, McDonalds started a Mc Delivery service in Singapore. McDonalds has been looking for a growth strategy for a very long time. And their foreign operation amount for more than half the companys revenue. McDonald has over 30,000 restaurants over 100 countries in the world today. And they maintain the top position in the fast food industry for the past 50 years. Amongst the award bagged by McDonalds is the Catalyst award for its program for fostering leadership development in women and McDonalds has been backing the summer Olympics since 1984. Business strategy of McDonalds in the UK Employment planning: McDonalds try to make the right plans in employing the right number of staffs that the organisation need at the right time. This is the process by which the organisation attempt to ensure that it has the right number of qualified people in the right place and at the right time. Selection: McDonalds involves in choosing from the available candidates the individual predicted to be most likely to perform successfully in the job. They select but the skills and unskilled individual and try to train them in other to make them understand the objective of the organisation. Selection is not always the best process of employing staffs in the organisation because skills will be lack. Training: McDonalds also used the training strategy to improve and develop the skills of the workers in the organisation. Although training is very important in most organisation but its better to bring the right people with the right skill and then give them the right training so they will understand better and know the objective of the training. Education: The management of McDonald provide education for some staffs that are really willing to retain in the organisation. This education is to improve their performance and to give them more ideas about the economic and how the business is operating. Performance: The Company always chose a right time to check the performance of their workers. The performance of the worker can help the company to make the right changes at the right time and the right department of the workers. These has help MacDonald to build a better services. Pay: Macdonald is a big restaurant with so many branches around the world and helps to reduce the unemployment around us. The Company give a good pay to their staffs and encourage them to work. Staff retention: Macdonald tries to keep their staffs and give them promotions to enable them become a manager of a branch someday in the future. Staff retention is very important to most organisations. This will help the staffs to know what really is happening within the organisation and try to suggest a best opinion to fight that out. Contribution of Strategy Human Resource in McDonald Staffing- McDonald should try to get people with the appropriate skills, knowledge, abilities, and experience to fulfil the organisation objectives. Rewards McDonald need to give reward to the staffs who work very hard in development of the organisation. Employee development- the organisation should also help in developing the staffs through providing training and knowledge for them in other to perform a good job. Employee maintenance- maintaining staffs is important in the development of the company. The administration is should try to encourage the staff and reward them in the good job done. Many organisations try to establish why people leave by conducting exit interviews but these are rarely sufficiently accurate, as many people will not give the full reason why they are leaving for fear of jeopardising future reference requirement or because they may wish to return to the organisation at some later stage. There organisation should make sure they try to maintain and look after their staff in other to keep them happy. Employee relation McDonald should develop the relationship between the staffs and the management in other to bring up a smiling environment within the work place. CONCLUSION McDonalds is seen as a global restaurant offering a range of products in a highly competitive and fragmented market. The company must positively respond to both internal and external issues to avoid losing sales and market share. They have been able to achieve a broad scope of business activity as they adopt the cost leadership strategy. There offer food prepared in the same high quality manner worldwide, tasty and reasonable priced delivered in a consistent low key and friendly environment. The opportunities and threats present in the environment enables managers to look both internally and externally to direct their strategy from the information given as it allows them to know their weakness and guard against them as well as make use of opportunities available to them. SHRM NEW MANAGER IN MCDONALDS As the manager of McDonalds, the percentage of highly skilled labour/ talent recruitment will be increase, but low skilled will be reduce as they are the ones directly involved in preparing food and serving customers. Human resource strategy in McDonalds encourage employee involvement and engagement to improve customer service but recruitment and selection in McDonalds is of little emphasis as the nature of the job is mechanical hence most of their recruits are fast learners who can learn on the job rather quickly. There is a rare case of training and development of staff as they are low skilled and the need for the need for developing them would not be beneficial to the corporation. The strategy of McDonalds is based on concept of Michael Porters differentiation and low- cost leadership as their products are mass produced and cost can be reduced by doing this, the threat this can cause is that its competitors like Burger King and KFC can also mass produce at a low cost. Differentiation can be described as marketing technique used by a McDonalds to establish strong identity in the restaurant business. It can also be called segmentation strategy. In McDonalds, there is a huge number of unskilled labours whose employment contact are mostly on short term basis, hence the need for a huge pension budget will not be necessary, this will be seen as an opportunity for the corporation to save revenue. Also in areas of training and development, since they train on the job and there is no series of further training carried out, the corporation does not lose skill and revenue when such employees decide to terminate their employment. (McDonalds Strategic Human Resources Management available at http://www.scribd.com/doc/26247206/Mcdonald-s-Strategic-Human-Resource.

Symbolism Of Death :: essays research papers

In â€Å"The Lottery† by Shirley Jackson, she speaks much about tradition in a small town in which many have been lost over the years. The black box, which Shirley speaks about in the beginning of the story, is of great importance. The black box represents the entrapment of tradition and the change over time. It is the trapping of tradition because now that it is worn and ragged they still do not want to change it because it is tradition. Along with the box changing many people’s views on The Lottery, it also lets the town’s people stand strong by themselves. Shirley Jackson in â€Å"The Lottery† uses symbolism and irony to foreshadow death. Although the towns’ people are gathering for a lottery drawing there is an air of nervousness about the event. From start to finish there is an overwhelming sense that something terrible is about to happen due to the authors deep use of foreshadowing. The setting and irony of the story starts when the day is described as a bright sunny day and all the towns’ people are looking forward for the Lottery on the big day, but not knowing the big day ends in death. Mrs. Hutchinson, as is seen later, is the only one who rebels against male domination, although only unconsciously. "She tapped Mrs. Delacroix on the arm as a farewell and began to make her way through the crowd" (318). The word "farewell" is used as foreshadowing to the climax of the story (318). Normally when a person enters a crowd of people they are greeted, but not Mrs. Hutchinson for she is obviously â€Å"leaving.† Although they are gathering for a lottery drawing there is an air of nervousness about the event. Shirley Jackson uses an abundance of foreshadowing, which indicates, to a degree, what is about to happen to the winner of the lottery drawing. There is at least one indicator within each individual paragraph, which lets the reader know that the lottery is disturbing, and that the people of the town are not looking forward to its commencement. The Lottery takes place on a clear, sunny, June day. It does not take long for the skies to turn gray as she introduces the readers to the black box. The black box is the central symbol of the short story. It suggests both death and necessity of change due to a combination of the passage of time and population expansion.

China :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  China, (People's Republic of China), is situated in eastern Asia, bounded by the Pacific in the east. The third largest country in the world, next to Canada and Russia, it has an area of 9.6 million square kilometers, or one-fifteenth of the world's land mass. It begins from the confluence of the Heilong and Wusuli rivers in the east to the Pamirs west of Wuqia County in Xinjiang Uygur Autonomous Region in the west, about 5,200 kilometers apart; and from the midstream of the Heilong River north of Mohe in the north to the southernmost island Zengmu'ansha in the South China Sea about 5,500 kilometers apart.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  CLIMATE: China lies mainly in the northern temperate zone under the influence of monsoon. From September and October to March and April next year monsoon blow from Siberia and the Mongolia Plateau into China and decrease in force as it goes southward, causing dry and cold winter in the country and a temperature difference of 40 degree between the north and south. POPULATION: Total Population 1.2591 billion (1999) about 22% of total population in the world. Year  Ã‚  Ã‚  Ã‚  Ã‚  Total Population  Ã‚  Ã‚  Ã‚  Ã‚  Urban Population  Ã‚  Ã‚  Ã‚  Ã‚  Rural Population 1995  Ã‚  Ã‚  Ã‚  Ã‚  1.2112 billion  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   1996  Ã‚  Ã‚  Ã‚  Ã‚  1.2239 billion  Ã‚  Ã‚  Ã‚  Ã‚  359.5 million (29.4%)  Ã‚  Ã‚  Ã‚  Ã‚  864.39 million (70.6%) 1997  Ã‚  Ã‚  Ã‚  Ã‚  1.2363 billion  Ã‚  Ã‚  Ã‚  Ã‚  369.89 million (29.9%)  Ã‚  Ã‚  Ã‚  Ã‚  866.37 million (70.1%) 1998  Ã‚  Ã‚  Ã‚  Ã‚  1.2481 billion  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   1999  Ã‚  Ã‚  Ã‚  Ã‚  1.2591 billion  Ã‚  Ã‚  Ã‚  Ã‚  388.92 million (30.9%)  Ã‚  Ã‚  Ã‚  Ã‚  870.17 million (69.1%) 2000  Ã‚  Ã‚  Ã‚  Ã‚  1.29533 billion  Ã‚  Ã‚  Ã‚  Ã‚  36%  Ã‚  Ã‚  Ã‚  Ã‚  64%   Ã‚  Ã‚  Ã‚  Ã‚   Country name:  Ã‚  Ã‚  Ã‚  Ã‚  conventional long form: People's Republic of China conventional short form: China local long form: Zhonghua Renmin Gongheguo local short form: Zhong Guo abbreviation: PRC Government type:  Ã‚  Ã‚  Ã‚  Ã‚  Communist state Capital:  Ã‚  Ã‚  Ã‚  Ã‚  Beijing Administrative divisions:  Ã‚  Ã‚  Ã‚  Ã‚  23 provinces (sheng, singular and plural), 5 autonomous regions* (zizhiqu, singular and plural), and 4 municipalities** (shi, singular and plural); Anhui, Beijing**, Chongqing**, Fujian, Gansu, Guangdong, Guangxi*, Guizhou, Hainan, Hebei, Heilongjiang, Henan, Hubei, Hunan, Jiangsu, Jiangxi, Jilin, Liaoning, Nei Mongol*, Ningxia*, Qinghai, Shaanxi, Shandong, Shanghai**, Shanxi, Sichuan, Tianjin**, Xinjiang*, Xizang* (Tibet), Yunnan, Zhejiang; note - China considers Taiwan its 23rd province; see separate entries for the special administrative regions of Hong Kong and Macau Independence:  Ã‚  Ã‚  Ã‚  Ã‚  221 BC (unification under the Qin or Ch'in Dynasty 221 BC; Qing or Ch'ing Dynasty replaced by the Republic on 12 February 1912; People's Republic established 1 October 1949)

Recent Trends on China Activated Carbon Industry Essay

All Market Research include new market research report â€Å"http://www.allmarketresearch.com/wiki/china-activated-carbon-industry-report-2013-2015.php† to its huge collection of research reports. All Market Research announces that a new market research report is available in its catalogue:â€Å"http://www.allmarketresearch.com/wiki/china-activated-carbon-industry-report-2013-2015.php† . In recent years, China has seen a growing surge in terms of the production and demand of activated carbon with the export proportion ever declining, on account of intensifying environmental-friendly policies in China as well as accelerated trade protectionism carried out by European and American countries. In 2012, China’s production of activated carbon sustained upward mobility, with the output growing by 5.4% year-on-year to 521,100 tons; and the domestic demand surged by 13.5% year-on-year to 303,000 tons, while the export volume slightly decreased by 3.6% year-on-year to 232,500 tons, with the proportion in output dropping to 48.8%. The estimation shows that the production and consumption of activated carbon in China will grow in a steady way till 2015, with the respective targeted figure realizing 754,000 tons and 448,000 tons. To Have a Copy:http://www.allmarketresearch.com/wiki/china-activated-carbon-industry-report-2013-2015.php In China, the production of activated carbon concentrates in regions abundant in coal resources such as Shanxi and Ningxia. In 2012, enterprises with the annual capacity exceeding 50,000 tons included Ningxia Huahui Activated Carbon Company Limited and Shenhua Ningxia Coal Industry Group. In addition, other coal tycoons also spread their wings towards activated carbon field. A case in point was Datong Coal Mine Group, which started its 100,000 tons/a coal-based activated carbon project in June 2012 with total investment of RMB1.17 billion. Once finished, the expected sales will harvest RMB760 million annually. Wooden activated carbon enterprises in China are largely located in Fujian, Jiangxi, Zhejiang and Jiangsu. But most of them are small-sized ones with the annual capacity ranging from hundreds of tons to thousands of tons. As of late 2012, Fujian Yuanli Actice Carbon Co., Ltd. had realized the capacity of 55,000 tons/a in the wake of capacity expansion and merger of Huaiyushan Activated Carbon and Manzhouli XinFu Activated Carbon, with business coverage from sugar making, food & beverage and food fermentation to medical, water treatment and waste gas treatment. Moreover, enterprises with the annual capacity of wooden activated carbon surpassing 20,000 tons consisted of Zhixing Activated Carbon, Xinsen Carbon Corp., Ltd, etc.