Saturday, January 25, 2020
Impression Management Techniques
Impression Management Techniques Contents Q1. 7 Impression Management Techniques Conformity Excuses Apologies Acclaiming Flattery Favours Association Q2 Transactional and Transformational Leadership Transformational Transactional Q3 Cross-Cultural Communication The Semantics The connotation of words The tone of the pronunciation The different perception Q4 5 National Dimension Power Distance Individualism Vs Collectivism Masculinity Vs Femininity Uncertainty Avoidance Short-Term Orientation Vs Long-Term Orientation Q5 Equity and Expectancy Theory Equity Theory Expectancy Theory Conclusion References Q1. 7 Impression Management Techniques The management impression means an attempt to control and the atmosphere of the impression from other individuals. This 7 impressions are conformity, excuses, apologise, acclaiming, flattery, favours and association. This technique is always used in daily life or work place and other occasion. Conformity Conformity means acceptance and consider the action that appropriate in front of other people to make other to enjoy the place, environment, and the other people around. For example, the acer company usually gather the employees to corporate with one another to get all the employees to feel accepted and feeling comfort towards the other employees, the work place and the environment around the work place. Excuses Excuses refer to the person explanation about the event that made the person do something unacceptable to get their punishment not to severe. For example, the acer employees late to come to the meeting and made an excuses because of the traffic jam that happened. The other example is that the project is not finish because of some equipment is not delivered from the supplier. Apologies Apologies means to admit the undesirable event with responsibility and followed by to get the pardon from the people related to the world and for the action itself. For example, if the employees do something unnecessary and got scolded from their manager, they always have to say sorry or apologies and listen to the manager advice. Acclaiming Acclaiming means to greet the public with proud because of the excellence of oneself about the work they done perfectly and got praise from the higher rank person. For example, for the employees that have a good idea and get praised from the leader of the project and the employees will motivate to work harder and better quality. Flattery Flattery means of an excessive compliment from the other to make the person likeable and over confidence about themselves. For example, if the project of one group is successful the whole group will get a lot of praises and because of that it will have 2 effect, first, the employees will work harder or the employees will become superior from the other in the office. Favours Favours means to do something nice to someone to get the other acceptance and gain other people approval. For example, the manager ask their employees to report the group have done for the last 2 weeks because of the report the manager going to submit and to be the official report of acer group. Association Association means to cooperate with other people to enhancing and to protecting each other about the information and the image of the people that are inside association itself. For example, the employees have to corporate to get the best idea with the best quality and the opinion about the other ideas. Q2 Transactional and Transformational Leadership According to James, B. MacGregor,(1978), leadership is devided into 2 types. The first type is Transformational, this type is a leadership that care and concern about their employees. This type of leadership is also have the same goal as their employees because of that the leader is putting the training for the employees first to educate and develop the employees. Second is Transactional, this leadership type is a type where the leader is giving their employees the coercive or reward power for what the employees done or we can say that this kind of leadership is a used of higher rank power to the lower rank. For example, praise, promotion or demotion, and etc. Transformational This type of leader is the one that prioritise the employee knowledge and the productivities of the employees. This type leader is also provide the education. This type objective is to get a mutual simulation and convert the employees into leader and made the leader become the moral agents. The outcome of this leadership is a positively appropriate behaviour or negatively behaviour. This leadership have 6 factor, first is the leader always motivate the employee or follower to achieve the goals that beyond individual goals or self-achievement. Second is the leader have a good vision about the changes that happened around them to have an emotional bond with the employee. Third is the creating learning opportunities for their employees and have the employees to solve the problem by themselves. Fourth is the leader have the ideas that make the employees follow and accept and also to inspire and provide the resources the employees needed for their work. Fifth is really proactive and alway s have a new expectations for the employees. And the last one is the leader have to make the employees act exceed the framework by emotional effect or we can say as exchange relations. For example, the manager send one of the potential employees to get an education and become superior in their field to become the example and the leader to educate the other employees to be able to do the educated employees method. Transactional This type of leader is where the leader know how worth the effort is and aware which reward the manager will give to the employees. The reward that manager can give to the employees are reward power or coercive power or in other word is punishment. This transactional have 5 factor. First, the leader knows and aware of the link between the effort and the reward, itââ¬â¢s obvious because this type used coercive power and reward power. Second is response to every present issues. Third is the leader control the follower trough reward and punishment. Fourth is the leader give the reward for the goals that setting by the leader to achieve and get the result manager desired, and the last one is leader is depends on the power they have over the employees to make the employees get the successful completion of the bargain. For example, the manager give a punishment to one of the employee because he did not give the report in the due date of the submission and because of that particular empl oyees get reduced in his input or his salary or he can be demoted or terminated, usually the consequences is put inside the contract that employees sign before joining the company. Q3 Cross-Cultural Communication The cross-cultural communication is one of a lot of difficulty for some culture to communicate with each other. This cross-cultural communication have 4 specific categories. The four specific categories are caused by semantics, the connotation of the words, the tone different of language is different from other and the different of perception from one individuals with another. The Semantics The barriers is caused by the differentiation of the body language around every country and itââ¬â¢s not limited to only body language but also all form of communication. This make for some people to confused with the people from other culture to make an association and to understand each other. For example, the acer is from United States of America, and they hired a lot of their employees is from other country and they usually misunderstand with some culture that Americans have, because of that some of the employees feel uncomfortable to talk and associate with other people. The connotation of words The barriers is caused by the same word with other language but have different meaning from one language to another and some of the word is untranslatable to another language. This also include verbal and inverbal communication. For example, some of the word in English and Taiwanese is untranslatable to each other and some of the word is hard to describe to each other. The tone of the pronunciation The barriers is caused by the different of the way how to say things in every culture in the world such as the volume of tone at home, office, informal conversation, or formal conversation is different in some culture. For example, the tone of English speaker is usually lower that other language and the tone of Chinese usually not consistence in some pitch of the volume and if the tone itââ¬â¢s not in the right pitch the meaning usually change. The different perception The barriers is caused by the differentiation of the people perspective from one culture with others. This trigger a lot of opinion of one single matter with one culture and the other culture is also made the people in one culture discriminate other culture. For example, the perspective of Indonesian and westernise is different, such as, drinking alcohol in public for westernise is common and itââ¬â¢s not disturb the norm in their culture but if we bring that attitude to Indonesia, you violated a lot of norm of religion and some of the laws. Q4 5 National Dimension According to Hatch, Mary Jo (1997), National Dimension means the unified understanding of organisational culture comes from the idea that are manifested the entire of one cultural system. This dimension is divided into 5 categories; power distance, individualism vs collectivism, masculinity vs femininity, uncertainty avoidance and the short-term orientation vs long-term orientation. This national dimension is different for one culture and other culture. Power Distance Everybody in this world is unique and implies that every single individual in this world is unequal because of some reason and accept the unequal rights that occur in the area. And one of the reason is the power one individual have over other individuals. This power distance is also have some factor for example power, wealth and prestige of one individual have in one country or area. Power distance is the name of this first of 5 national dimension. For example, the power distance for Taiwan is high, because of that the employees cannot have an informal event to ask their boss to and they have to talk formal and give their leader a lot of respect, but itââ¬â¢s different from united states that have low power distance. Because of that the Americans boss usually mix with their employees to have a party or even talk in informal form of language. Individualism Vs Collectivism This second point is one individualism is prefer to work together or alone. Some culture in this world usually do better in group and some if they work alone. This also influence the productivity of the factory or the office one individuals of one culture. For example Taiwan that have low individualism point, they usually prefer to work within a group to finish one project, in contradiction for United States of America, they have high points for individualism because of that the people in America prefer to work alone for their work. Masculinity Vs Femininity According to Hatch, Mary Jo, (1997), this point is where in one culture of the competitive competitor to be able to accept the gender issues and the gender roles in society. This gender issues mean the speciality of the man race to be superior to woman. For example, Taiwan have low masculinity points, woman it is not limited to only become house wife but can become a high rank manager in one company but for America that have high masculinity points, the women in America is prefer to stay at home and become a house wife and take care of the children. Uncertainty Avoidance This point is where one culture is accept and to gamble the outcome without the plan that detailed and specific and risk it to get the objective of oneself or the group. If the uncertainty avoidance level is high than the people do not want to risk it and the people have to follow every step carefully and vice versa. For example, America have low points for uncertainty avoidance so Americans confidence to take the risk and brave to risk all to gain something, in contrast the Taiwan people that have high uncertainty avoidance, so the people always have to follow the regulation and have to follow every step their leader gave them one at a time. Short-Term Orientation Vs Long-Term Orientation This point means the relationship of oneself to other with some maintaining relationship. It also maintaining the good thing from the past to get the brighter light in the future of the work condition. For example, for Taiwan that have a high points in long-term orientation like to get their reward for their work in the future and to maintain some link with their former colleagues, in contrast, Americans that have low long-term orientation points, they like to get their reward as soon as their work done, they do not care about the future and they usually did not contact their former colleagues. Q5 Equity and Expectancy Theory This question we are going to discuss about the equity theory and expectancy theory. The expectancy theories is based on the employees behaviour and to get the maximum outcome and likely to get reward for the return. The equity theory is based on the equality of the employees and how the employees treated in the office environment to meet the goals and motivated them more. Equity Theory First we are going to talk about the equity theory. According to Stone, Raymond J (2005) that this theory states, all the employees of the company need to be treated equally and fairly and they have to receive the suitable outcome for them and their input according to the effort they make to make the company running. It also make the employees to be motivated and the outcome have to be equal with the efforts they had spent. This theory have 4 main factors that have to be fulfil. First, the one that have the equity or inequity is perceived. Second, comparison with others, means that the person have to know the effort they have to do and know the input is for them. Third, the effort the person used to fulfil the job to be achieved because the person bring their characteristic and this can decide how is the work going to fulfil. For example, the important job is given by the manager of acer to the most sufficient worker and give the easy task to the normal employees. Expectancy Theory According to Ivancevich, John M. (2008), the expectancy theory means to give an equal reward because of their successful effort and result but also it motivate them to work harder than before. This theory is also have 4 important factors. First is first-level and second-level outcomes. The outcomes of first-level is that the employees will going to work harder and it increases the company productivity, reduced the absenteeism, turnover and increase the quality of the product itself. Second-level outcomes is where the first-level is fulfilled, what is the reward or the outcome for the employees going to get, such as, promotion or termination, reduced salary or more salary, or else. Second, instrumentality, means the perception of one individual have about the performance or the first-level are related to second-level or the outcome. Valence is the third, is the outcomes that have been predict by the individuals. And last factor is expectancy, means that the employees belief that the p robability of the outcome of one particular behaviour is parallel. For example, the manager give more payment to the group that have the most brilliant ideas to give and give the prototype for the presentation in the due date. Conclusion The conclusion of this assignment it is that first, the management impression is an attempt to control and the atmosphere of the impression from other individuals. Second, the leadership its can choosing to rule with behaviour or reward and coercive system to motivate the employees. Third that with some of the communication in this world between one cultures to another, always have a barrier that make the communication to become misunderstand. Fourth, the norm of one cultures have is sometime different from others. And last that to maximise the outcome of the productivity the company can motivate their employees by a reward and coercive power or by become the advisor to give an advice to reach the peak of the company productivity References Ivancevich, John, M., Konopaske, R., Michael, Matterson T. 2008.à Organisational Behaviour and Management. 8th Ed. McGraw-Hill/Irwin. James, B. MacGregor. 1978. Leadership. New York. Harper and Raw. Mary, Lahey N, 1987. Academy Of Management Review. 1st Ed. Georgia, Athena: Ausburn University Stone, Raymond J, 2005. Human Resource Management. 5th Ed. Australia: John Wiley and Sons Australia. Hatch, Mary J, 1997. Organisational Theory. 1st Ed. New York: Oxford University. http://www.turknett com/wp-content/uploads/2013/07/TransactionalandTransformationalLeadership.pdf. Access at 1 December 2014 https://leadershipchamps.wordpress.com/2008/08/04/transactional-leadership-vs-transformational-leadership/. Access at 31 November 2014 http://smallbusiness.chron.com/transformational-leadership-vs-transactional-leadership-definition-13834.html . Access at 30 November 2014 http://strandtheory.org/images/From_transactional_to_transformational_-_Bass.pdf. Access at 1st December 2014
Friday, January 17, 2020
Biopure Corporation
DATE:March 16, 2013 TO:Carl Rausch President and CEO of Biopure Corporation FROM:Hoang, Ann and Mishra, Ravi RE:Whether and When to Launch Oxyglobin Biopure needs to determine the best course of action to launch two new products, Oxyglobin a blood substitute for the veterinary market and Hemopure a blood substitute for the human market. Oxyglobin has been approved for commercial use and is ready for launch while Hemopure is expected to be FDA approved within two years. Biopure needs to decide whether and when to launch Oxyglobin.If decided to launch, the ability to price Oxyglobin appropriately is critical to minimize the impact of prospective launch for Hemopure. We believe Oxyglobin should be launched immediately because of realized potentials and benefits. The potentials are: to create a brand image for blood substitutes, to create a competitive advantage by first launch, to have the benefit of ââ¬Å"go to marketâ⬠with production, sales and distribution, and to create reven ues to launch Hemopure. The potential revenues earned from Oxyglobin could be used toward building another facility for manufacturing of Hemopure.The possible obstacles Biopure might encounter with Oxyglobin are: veterinarians may not recommend and/or perform blood transfusions, the ability to produce Oxyglobin when Hemopure is launched, and Biopure has little or no experience with launching of high R&D profile products. Oxyglobin can be launched successfully because it is FDA approved and will be first in the market as animal blood substitute. As indicated on the survey, veterinarians may not recommend the use of it because it is an expensive product; however, pet owners showed interest and preferred to be informed of alternative treatments for their pets.Therefore, Oxyglobin should be launched with a starting price of $200 per unit. Biopure should use in-house sales force to distribute Oxyglobin to save approximately 30% of the fees charged by the third party distributors. By laun ching Oxyglobin, Biopure will create revenues to continue with research and development for Hemopure. When Hemopure is launched, the marketing and distribution issues encountered during Oxyglobin launch can be avoided. Based on the SWOT analysis shown (Table 1: SWOT Analysis for Oxyglobin), we believe Biopure should start selling Oxyglobin immediately.To address Ted Jacobsââ¬â¢ argument regarding the size of the veterinary market and the price sensitivity, which may impact Hemopureââ¬â¢s price when launched; we believe that because of the physical characteristics of these two products (Oxyglobin is targeting veterinary market and Hemopure targeting human market), pricing would not be a major concern for the following reasons. Launching of Oxyglobin will create a competitive advantage because Oxyglobin is unique, first of its kind, first to market, and with no competition. Oxyglobin will achieve prominence as a breakthrough discovery product of the century.It would take the com petitors between 2 to 5 years for a new product to get approved and ready for market. Oxyglobin will proliferation Biopureââ¬â¢s reputation, credibility and have a greater impact on an IPO when the company decides to go public. Oxyglobin will generate revenues to boost Biopure development efforts ahead of its competitors in obtaining FDA approval for launching of Hemopure. Biopure will have a better knowledge and understanding of market strategies based on lessons learned from launching of Oxyglobin.In two years, Biopure would also have established a robust distribution network in time for launching of Hemopure. Launching of Oxyglobin will also minimize Biopure overall potential risks; if Oxyglobin fails, then the lessons learned would help to alter strategic decisions for launching of Hemopure (see Table 2: SWOT Analysis for Hemopure). Based on our analysis, we recommend that launching of Oxyglobin at this point instead of waiting for two years or more to launch Oxyglobin with H emopure represents the best solution to the primary concern facing Biopure at this time.If launched together, Biopure may be able to sell at a high price, and make more profit with per unit cost for both products. The overall profit would be minimal because there would not be as many units of each product to sell since Biopure has to share the same facility to manufacture Oxyglobin and Hemopure. Biopure would also lose out on the potential revenues it will generate to increase production capacity for Hemopure. There would be zero profit for two years which will not bode well with the stockholders. Exhibits STRENGTHS |WEAKNESS | | | | |FDA approval for commercial use as blood substitutes for the |Undesirable side effect such as discoloration of urine and | |veterinary market |gastrointestinal problems | |Competitive advantage, first company to receive approval for blood |Single manufacturing facility for Oxyglobin and Hemopure. |substitute of any type |Small veterinary market for Ox yglobin | |No competition for Oxyglobin |Price sensitivity within the veterinary market | |Possible brand image for ââ¬Å"blood substituteâ⬠|No established network of distributors | |Sufficient source material e. . blood of cattle to support the full |Annual capacity of 300,000 units | |production capacity | | |Raw materials cost is $1. 0 per unit | | |OPPORTUNITIES |THREATS | | | | |Establish brand image/position for ââ¬Å"blood substituteâ⬠products |Lower the market price for Oxyglobin may result inability to recoup | |Success of Oxyglobin will bring opportunity for Hemopure |development costs | | |Negative impact on the ability to appropriately price Hemopure | | |Competitors to enter the veterinary market with their own product | |Table 1: SWOT Analysis for Oxyglobin | |STRENGTHS |WEAKNESS | | | |Stored at room temperature |Single manufacturing facility for Oxyglobin and Hemopure. | |Disease free |Annual capacity of 150,000 units | |Longer shelf life for up to 2 years |Universal blood substitute | |Immediately 100% efficient at transporting oxygen |Short half-life | |Purity, efficacy and convenience |Potential of higher toxicity | |Raw materials cost is $1. 0 per unit | | |OPPORTUNITIES |THREATS | | | | |Experience in marketing of Oxyglobin |FDA rejects Hemopure | |Advantage for brand image for ââ¬Å"blood substitutesâ⬠from Oxyglobin |Competition from Baxterââ¬â¢s HemAssist and Northfieldââ¬â¢s PolyHeme | |Increase in demand for blood substitute is expected to increase with | | |the aging population | | |Table 2: SWOT Analysis for Hemopure |
Thursday, January 9, 2020
Segmentation Targetting and Positioning of Nike - 2257 Words
INTRODUCTION Nike, Inc .is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered in the Portland metropolitan area of Oregon, near Beaverton. It is the worlds leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment with revenue in excess of US$24.1 billion in its fiscal year 2012 (Ending May 2012).Nike and Precision Cast parts are the only Fortune 500 companies headquartered in the state of Oregon. The company was founded in 1962 as Blue Ribbon Sports by Bill Bower man and Philip Knight, and officially became Nike, Inc. in 1978. The company takes its name from Nike, the Greek goddess of victory. Nike markets its products under its own brand asâ⬠¦show more contentâ⬠¦Now NIKE became official kit sponsor for BCCI Indian Cricket Team. By paying Rs.196 Crores (Rs. 1.6 Bn) to BCCI, NIKE wrested the rights to become the kit sponsor up to 2011.The first Just Do It cricket ad also made its appearance d uring the Champions Trophy. TYPES OF OWNERSHIP 1. Licensing 2. Franchising 3. Own Subsidiary SEGMENTATION, TARGETING AND POSITIONING Market Segments:- Market segmentation is the selection of groups of people who will be most receptive to a product. The most frequent methods of segmenting include demographic variables such as age, sex, race, income, occupation, education, and household status. Nikes segmenting market typically targets athletes, both women and male generally from the ages 15 to 35. Nikes targeting market is active people who enjoy high quality sporting goods, especially footwear. To do so Nike focuses on creating premium consumer experiences on product innovation, brand leadership and elevated retail presence. Nike is targeting further geographic expansion and farther marketing penetration in all regions. Though disciplined operating management, the company still continues to target long range mid teen earnings per share growth. The market segments that Nike can mainly differentiate are high, medium and low end customers with varying income levels. Thus, Nike needs to segment on various fronts such as economic, demog raphic, geographicalShow MoreRelatedStarbucks E-Marketing7567 Words à |à 31 PagesAnalysis for Starbucks 8 3.2 PEST Analysis for Starbucks 10 3.21 Political 10 3.22 Economic 10 3.23 Social 11 3.24 Technological 11 4.0 E_MARKETING PLAN 14 4.1 E-Marketing Strategic Planning 14 4.11 Segmentation 14 4.12 Targeting 15 4.13 Differentiation 15 4.14 Positioning 16 4.2 Objectives 18 4.3 E-marketing Strategy 18 4.4 E-marketing Tactics 19 5.0 IMPLEMENTATION 22 5.1 Implementation Plan 22 5.2 Evaluation 24 6.0 CONCLUSION 25 7.0 REFERENCES 26 8.0 APPENDIXRead MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words à |à 696 Pagesis known as ________. A) segmentation B) integration C) disintermediation D) cross-selling E) customization Answer: A Page Ref: 10 Objective: 3 Difficulty: Moderate 29) Companies address needs by putting forth a ________, a set of benefits that they offer to customers to satisfy their needs. A) brand B) value proposition C) deal D) marketing plan E) demand Answer: B Page Ref: 10 Objective: 3 Difficulty: Moderate 30) During market segmentation analysis, the marketer identifies
Wednesday, January 1, 2020
Genetically Modified Food Should Be Banned Essay - 1142 Words
Genetically modified organisms-hidden ingredients in our food. We all would like to know what is in our food we are eating every day. Genetically modified organisms (GMOs) are in 70%-90% processed foods in America (Chrispeels, M. J. 2014), but no-one knows which foods contain these organisms because biotech and food industries spend a lot of money and effort to hide this information from the consumers. Genetically modified food should be labeled because they are not as safe for human consumption as claimed by Monsanto and other biotechnology companies. GMO s are living organisms whose genetic make-ups have been artificially manipulated by inserting or deleting genes. (Goldbas, 2014) This kind of gene manipulation is relatively new science and creates a plant, animal gene combinations which do not occur in nature. GMOs are created to tolerate pesticides and herbicides without killing the plant itself. 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Tuesday, December 24, 2019
Constitutional Rights - Business Law - 1231 Words
Constitutional Rights Business Law I Dave Walker November 07, 2005 Kudler Fine Foods is a gourmet establishment. The first store was opened in 1998 and was such a success that many more will be opening. This gourmet shop was created in the vision the owner was searching for: a place where gourmet foods can be purchased at an affordable price. Kudler Fine Foods employs many employees. These employees have rights that must be adhered to. The two main issues that will be discussed is the right to privacy, as well as search and seizure. These two areas can affect the employees, owner, and the business as a whole. The goal in a business is to make money and to protect their goods. That being said, certain aspects that an employeeâ⬠¦show more contentâ⬠¦It is because of this right that the fine line comes into place. The owner and management must be sure that they do not ever cross this line when needing to investigate suspicious activity from their employees. At Kudler Foods, an example of search and seizure would be as follows: if the store begins to suspect that a cashier is stealing cash from the register, they must follow search and seizure rights. They cannot go into the locker or personal items belonging to the cashier in question in hopes of finding the cash. The company has a very honest and up front approach to everything they do, especially when it comes to their open door policy between the management and their associates. This same policy must be used when management is in question or having problems with the employee. They must adhere to the same principles and question the associate. This will uphold both the open door policy of KFF and the rights of the employee. The right to privacy is also a very important issue. An employee might feel violated if an employer is reading emails, reviewing websites that are visited, and logging keystrokes. Our Founding Fathers could scarcely have anticipated this question. 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Sunday, December 15, 2019
How Harper Lee Develops the Symbol of the Mockingbird Free Essays
Mockingbirds are a symbol of sheer innocence; their existence causes no harm to others and the sole purpose of its life is to make mellifluous music for all to enjoy. The mockingbirdââ¬â¢s sweet chorus is destroyed and disregarded in to kill a mockingbird, as the harmless characters of Boo Radley and Tom Robinson are exiled and imprisoned despite their altruism. The use of the mockingbird in the title provides distinction and coincides through characters and events during the novel. We will write a custom essay sample on How Harper Lee Develops the Symbol of the Mockingbird or any similar topic only for you Order Now Harper Lee develops the symbol of the mockingbird in the novel through the town pariahs Boo Radley and Tom Robinson. Tom Robinson is accused of a crime he did not commit and in reality was helping another person without a reward. In chapter 10 Jem and Scout are shown an opening to the malevolence in society and are taught a moral lesson and the only sin considered by Atticus, ââ¬Å" Shoot all the blue jays you want, if you can hit emââ¬â¢, but remember itââ¬â¢s a sin to kill a mocking. This quote foreshadows the up-coming events involving Tom Robinson and the injustices he will have to endure, even though the Mockingbird is not deserving of anguish, he is still put to death through the hands of others who would shoot any bird, regardless of what kind it may be. Scout and Jem at the beginning of the novel are oblivious to the harsh racial segregation and the moral teachings of Atticus only have literal meanings until they become immersed in the enmity of racism, where their inn ocence is later destroyed and the blurred barriers between their father and Maycomb become clear. Atticus is responsible for maintaining the stability of Maycomb and the co-existence of good and evil; he influences his children to have morally good actions and values unlike many other children of Maycomb. Atticus strives for the rights of the mockingbird and the defenceless Tom Robinson, despite the fact that he knows as soon as Mayella Ewell screamed he was a dead man. Atticus allowing Tom Robinson to a trial allowed the ignorance and hatred in Maycomb to some extent deteriorate, even Mr. Underwood a man who never spoke about the ââ¬Å"miscarriages of justiceâ⬠¦ likened Tomââ¬â¢s death to the senseless slaughter of song birds by hunters and children. â⬠Just as Atticus defends the innocent and vulnerable Tom Robinson, he also provides refuge and respect to Boo Radley, a prejudiced against outcast of Maycomb. From the beginning of the novel Atticus respects Boo Radley telling Scout and Jem not to play in his yard, as he deserves the sanctity of privacy. Town gossip and the childrenââ¬â¢s fantasy surrounding Boo Radley constrain him to his home, which is veiled in mystery, ââ¬Å"Inside the house lived a malevolent phantom. People said he existed, but Jem and I had never seen him. People said he went out at night when the moon was down, and peeped in windowsâ⬠. Later in the novel the children realise that there was an error in their judgement of Boo Radley and their fear of him was unjust and cruel as behind the concocted hysteria is a kind-hearted and an innocent mockingbird as Boo Radley inflicts no harm on others and is just an innocuous victim of a cruel narrow-minded society. How to cite How Harper Lee Develops the Symbol of the Mockingbird, Essay examples
Saturday, December 7, 2019
Professional Accounting Financial Performance
Question: Discuss about theProfessional Accounting forFinancial Performance. Answer: Introduction This study deals with research topic on association between voluntary disclosures as well as financial performance of firms. In this particular research, it has been noticed that professional accounting analysis is important for understanding the concept of motivational factors behind the financial performance of business firms. It further explains the measure of Carbon Disclosure Project for checking for the financial performance of associated firms. This particular research is important as it measures the impact of business firm on natural environment and process is the firms events for reducing this outcome (Misani and Pogutz 2015). It focuses mainly on specific outcome such as carbon emissions and suggests affects in Tobins q non-linear terms. It can be found that business firms achieve highest financial performance in the level of carbon performance on immediate basis (Misani and Pogutz 2015). It is the environment process indicating the relationship in firm reinforcement for vi ewing at the monetary presentation with enhanced stakeholder supervision. In this research various theoretical aspects is used like motivational factors as well as articles taken from secondary sources title as carbon disclosure projects affecting the financial performance of associated firms. The main issue defined in the research is the number of carbon disclosure project used for viewing at the financial disclosure firms. Research Topic Association between the voluntary disclosures and the financial performance of firms Research Question What is the motivational factors behind the association between voluntary disclosures as well as financial performance of firms What is the measure of Carbon Disclosure Project enabling for check over the financial performance of firms? Hypotheses For the purpose of research, the development of null as well as alternative hypotheses can help in examining the nature and importance of the associations between different items of voluntary disclosures and the financial dimension (return on investment) for the listed corporations. Financial Information and Financial Performance Null: There is no link between the disclosures of the financial information and the return on investment of quoted corporation (H0: 1=0) Alternative: There is an association between financial information disclosures and the financial performance of the firm (H1: 20) Motivation Practical motivation is the act of motivating the research participants in understanding the ethical concepts based upon the research questions. On the other hand, theoretical motivation relies mainly on gathering facts regarding the carbon disclosure and takes into consideration on the financial as well as non-financial measures. Researcher should be equally motivated in performing the research on ethical terms as far as possible. From the above research question, it is important to understand the fact regarding the motivational factors with the research topic. The present topic discuses on the association between the voluntary disclosures and the financial performance of firms This kind of diverse image suggest firm for generalizing the internal costs of poor carbon performance standing for environmental outcomes as well as process for achieving net financial benefits (Misani and Pogutz 2015). These types of result are based upon model of carbon-intensive firm for disclosing the GHG emission with Carbon Disclosure Project. It is recommended in using incentive theory whereby people are motivated in performing things and gains external rewards at the same time. Behavioural learning concepts involve association as well as reinforcement of activities for gaining attributes from association between financial disclosures for understanding financial position of business organization. The main purpose of the paper is to examine the case study on organization effort in dealing with disclosing non-financial information. It is for this reason whereby non-financial information by companies discloses environmental as well as social and governance issues for the benefits of the stakeholders and society (Dumay et al 2015). Designing the methodology are investigated by the authors for examining the manner in which two of the main Australia largest companies approach discloses from legitimacy perspective. In this particular article, focus is majorly on material legitimacy and primary concerns for major stakeholders. This model outlines companys strategies in trying to achieve mutual beneficial outcomes for their ultimate stakeholders for future analysis purpose. Therefore, difficulty is faced in judging the issues for disclosing the material information (Dumay et al 2015). It presents model on legitimacy-influenced disclosure based upon transparency in explain the non-fina ncial information in the most appropriate way. Literature Review The current segment presents an important concept of the voluntary disclosures and its association with the financial performance of corporations. Author Date Title Journal Type of Paper If empirical, Sample 100 word summary of contribution to the research question Eleftheriadis, I.M. and Anagnostopoulou, E.G 2015 Business Strategy and the Environment Relationship between Corporate Climate Change Disclosures and Firm factors Journal No This article summarizes that carbon directive evolves and dedicated in way of address carbon decrease issues (Eleftheriadis and Anagnostopoulou 2015). On the contrary, stakeholder will mainly demand from the firms in providing increased information in relation with corporate atmosphere change attributes. This particular paper focuses especially to the worldwide investigate that illustrates the connection between ecological in order disclosures as well as supplementary firm factor. Empirical analysis is conducted for understanding the relationship among business climate change revelation practices of firms as planned in Athens Stock Exchange (Eleftheriadis and Anagnostopoulou 2015). It mainly depends upon firm factors like size, advantage as well as profitability and action division. Results indicate that there is important positive connection among size as well as increased corporate disclosures in relation with climate change practices. Addition to that, no significant relationship was detected among corporate environment modify disclosures as well as profitability (Eleftheriadis and Anagnostopoulou 2015). Luo, L. and Tang 2014 Pacific Accounting review Carbon Tax, corporate carbon profile and financial return Journal No This particular paper aims in investigating the impact of proposed carbon tax on financial market return in most of the Australian firms (Luo and Tang 2014). It mainly emphasis on differential tax effect especially on individual firms with carbon profiles such as factors cost emission, climate-change policies and carbon disclosure. Methodology used is utilized for event-study method that is examined by the author in examining the marketplace response to seven key carbon governmental informational events in the year 2011 and 2012. This particular sample involves 48 different firms where emissions-related data are obtainable from Carbon Disclosure Project information used for cross-sectional analysis. This paper mainly documents and proves as evident proposed tax for an overall negative impact on investor wealth from irregular returns (Luo and Tang 2014). Negative impact varies from various sectors from materials, financial sectors and industrial. It is found that firm direct carbon coverage measures the Scope 1 emissions and considerably associates with abnormal returns. Scope 2 emission is not enclosed by tax for future analysis purpose. Addition to that, findings majorly suggest informational content of events for developing in the carbon tax purpose (Luo and Tang 2014). This particular article content is limi ted to the main firms in relation with carbon outline information. Similarly, concern should be exercised for generalizing the inference. Introduction to sensible implications on this article suggests carbon tax that is largely unexpected as well as unprepared for carbon policies. The above statement provides inadequacy and fails in impressing the investors (Luo and Tang 2014). It requires understanding of the carbon tax emissions and its affect on shareholder value. It adds welfare and encourages management in taking proactive actions for mitigating the compliance costs of carbon legislation. Enhancement of the Australian carbon tax mainly represents biggest social as well as economic restructuring events. Main results provide insights by the investors and penalize firms for heavy direct operational emissions (Luo and Tang 2014). Addition to that, Australian corporate carbon policy is an inadequate policy for reversing the negative effect of tax on the valuation of firm. Depoers, F., Jeanjean, T. and Jrme 2016 Journal of Business Ethics Voluntary Disclosure of Greenhouse Gas Emissions: Contrasting the Carbon Disclosure Project and Corporate Reports Journal No It emphasis upon global warming continuation in attracting the growing levels of attention as well as various stakeholder such as states, investors and lobbyists (Depoers, Jeanjean and Jrme 2016). These have kept climatic changes especially on corporate agendas as well as expecting firms in disclosing relevant greenhouse gas information. In this particular paper, investigation is done on consistent GHG information on voluntary basis by French Listed firms through communication channels like corporate reports as well as Carbon Disclosure Project. Precisely, it is desired in contrasting the amounts of GHG emissions for reporting the methodological explanations in each channel (Depoers, Jeanjean and Jrme 2016). From stakeholder theory perspective, it can be found that GHG amounts to lowering corporate reports in relation with Corporate Disclosure Project. This mainly suggests that firms for corporate report figures traceability in reducing the discrepancy between disclosures in both the channels (Depoers, Jeanjean and Jrme 2016). It is suggested for aiming in greater traceability and enhancing information credibility in and across different channels. Benà ¢Ã¢â ¬Ã Amar, W. and McIlkenny 2015 Business Strategy and the Environment Board Effectiveness and the Voluntary Disclosure of Climate Change Information Journal No This paper mainly examines the connection between board of directors efficiency as well as voluntary environment modify disclosures (Benà ¢Ã¢â ¬Ã Amar and McIlkenny 2015). Although, risk management as well as coverage falls under the board accountability, it relates with board effectiveness for firm decision for responding on voluntary basis to the Carbon Disclosure Project. It involves annual questionnaires and quality of disclosures in relation with climate-change risk and strategies for mitigating it as far as possible (Benà ¢Ã¢â ¬Ã Amar and McIlkenny 2015). Results mainly indicate positive relationship connecting board success as well as firm result in answering the CDP survey and carbon disclosure quality. There are various determinants of voluntary climate change disclosures for future analysis purpose. Findings indicate the importance of board of directors function for attractive in the simplicity and significance of intended disclosure of climatic modify of commerce organization (Benà ¢Ã¢â ¬Ã Amar and McIlkenny 2015). Meng, X.H., Zeng, S.X., Shi, J.J., Qi, G.Y. and Zhang, Z.B 2014 Journal of Environmental Management The relationship between corporate environmental performance and environmental disclosure: An empirical study in China Journal No This article is base on comfortable study of 533 listed company for examining corporate environmental performance affecting details of environmental disclosures for company. Results indicate mutually poor and good performer for having more disclosures than the center (Meng et al. 2014). In case of mixed performers, it provides empirical evidence for supporting non-linear association between business environmental presentation as well as ecological revelation. Poor performers mainly disclose soft information based upon environmental performance in comparison with good performers disclosing more solid information. Poor performers increases in the disclosures exposing as environmental violators and disclosing any kind of negative environmental information like violation and associated penalties (Meng et al. 2014). This particular study examines the additional evidence in case of maintaining non-linear association connecting ecological presentation as well as discovery in talented market for suggesting environmental disclosure in contemporary China (Meng et al. 2014). Misani, N. and Pogutz, S., 2015 Ecological Economics Unraveling the effects of environmental outcomes and process on financial performance: A non-linear approach Journal No This particular article examines the role of procedure scope of ecological presentation for determination of monetary presentation. It measures the impact of business firm on natural environment and process is the firms events for reducing these outcome (Misani and Pogutz 2015). It focuses mainly on specific outcome such as carbon emissions and suggests affects in Tobins q non-linear terms. It can be found that business firms achieve highest financial performance in the level of carbon performance on immediate basis (Misani and Pogutz 2015). It is the environment process indicating the relationship in firm reinforcement for viewing at the monetary presentation with enhanced stakeholder supervision. This kind of diverse image suggest firm for generalizing the internal costs of poor carbon performance standing for environmental outcomes as well as process for achieving net financial benefits (Misani and Pogutz 2015). These types of result are based upon model of carbon-intensive firm f or disclosing the GHG emission with Carbon Disclosure Project. Dumay, J., Frost, G., Beck, C. 2015 Journal of Accounting Organizational Change Material legitimacy: Blending organizational and stakeholder concerns through non-financial information disclosures Journal No The main purpose of the paper is to examine the case study on organization effort in dealing with disclosing non-financial information. It is for this reason whereby non-financial information by companies discloses environmental as well as social and governance issues for the benefits of the stakeholders and society (Dumay et al 2015). Designing the methodology are investigated by the authors for examining the manner in which two of the main Australia largest companies approach discloses from legitimacy perspective. In this particular article, focus is majorly on material legitimacy and primary concerns for major stakeholders. This model outlines companys strategies in trying to achieve mutual beneficial outcomes for their ultimate stakeholders for future analysis purpose. Therefore, difficulty is faced in judging the issues for disclosing the material information (Dumay et al 2015). It presents model on legitimacy-influenced disclosure based upon transparency in explain the non-fina ncial information in the most appropriate way. Plambeck 2012 Energy Economics Reducing greenhouse gas emissions through operations and supply chain management Journal No This particular article speaks about the experiences from the largest corporation in and around the world. It is those fact from the start-up company showing companies gaining reduced greenhouse gas emissions especially in the supply chains. It is the operation management mentioned in the literature review section for additional opportunities for profitable in reducing emissions in the existing supply chains and providing guidance in expansion of capacity in new Zero emission depending in the supply chains. It requires in viewing at the potential for companies in reducing emissions for averting dangerous climatic change at the same time. Perrault Crawford, E. and Clark Williams 2010 Corporate Governance: The international journal of business in society Should corporate social reporting be voluntary or mandatory? Evidence from the banking sector in France and the United States Journal No This particular paper aims in investigating country context for presuming firms for greater reporting activity as well as exploring impact of resources in disclosure quality. Findings of this article expecting that countries for higher regulative pressures like France It leads to limited to banking sector for possible means for closely links in the normative cultural pressures in the regulatory contexts Chapple, L., Clarkson, P.M. and Gold 2013 Abacus The Cost of Carbon: Capital Market Effects of the Proposed Emission Trading Scheme (ETS) Journal No This particular article announces by the Australian Government for announcing from its intention for introducing the national Emissions Trading Schemen started in the year 2015 It is the impeding development for ideal setting for investigating the impact of ETS especially in Australia on the market valuation in the Australian Securities Exchange Theoretical Structure The theoretical structure of the voluntary disclosures includes different elements of the disclosures such as the association based disclosures, discretionary based disclosures and different efficiency based disclosures. Furthermore, there are a number of theories that can relate the voluntary disclosure with the business concerns as well as financiers of the firm (Dhaliwal et al. 2012). These theories include the Agency Theory, Signaling Theory, legitimacy as well as the Stakeholder theories (Arcjournals.org. 2016). The current study intends to study the nature and characteristics of the association between the voluntary disclosures by the firms and the financial performance of organizations. The present study also presents a theoretical structure that illustrates different elements of disclosures. In addition to this, the study also mentions conceptual framework of the study that refers to the effects of the independent variables such as the general and corporate information, financial information, forward looking information and socio-environmental and board disclosures on the dependent variable that is the financial performance of firms. In addition to this, the analysis of the article one on Relationship between Corporate Climate Change Disclosures and Firm factors reveals conclusive findings that indicate the fact that there exists positive association between the size and voluntary disclosures associated to the climate change practice (Eleftheriadis and Anagnostopoulou 2015). The second ar ticle on Carbon Tax, corporate carbon profile and financial return put forward argument regarding the fact that the business concerns are penalized for operational emissions and declares the fact that the emission policy is inadequate for reversing different negative effects of tax on the valuation of the firm (Luo and Tang 2014). Therefore, it can be hereby ascertained that the voluntary disclosures can affect the tax assessment and in turn the valuation of the firm. Again, the third article on Voluntary Disclosure of Greenhouse Gas Emissions: Contrasting the Carbon Disclosure Project and Corporate Reports discusses the significance of the disclosures on the green house gas through corporate reports and many other channels. This article suggests that greater traceability and enhancement of the credentials of the information across different channels can ensure ethical business practice (Depoers, Jeanjean and Jrme 2016). Therefore, it can be hereby ascertained that appropriate discl osures can gain the attention of different stakeholders, lobbyists as well as investors. The conformity to the different requirements for disclosures can help in raising the value of the firm. The forth article also represents the positive association between the success of the board and the different disclosures regarding quality (Ben Amar and McIlkenny 2015). The positive association is owing to the fact that the disclosures regarding the climate change risks and the strategies for mitigation of the risk can increase the success of operational activities of the firm and increase its profitability. The fifth article put forward the fact that the environmental performance affects different environmental disclosures of a corporation. This article however, disagrees with the fact that strong disclosures positively affect the financial performance of firm (Meng et al. 2014). On the contrary, the article presents the view that poor performers mainly disclose soft information based upon environmental performance in comparison with good performers disclosing more solid information. Again, the sixth article presents the view that business concerns can attain high level of financial performance owing to the level of the carbon performance on instantaneous basis (Misani and Pogutz 2015). The seventh article concentrates on material legitimacy and transparency in disclosing the material information (Dumay et al 2015). The legitimacy-based disclosures can discuss the non-financial information and can help the users of the information and affect the performance of the firm. Logical Argument Luo and Tang (2014) utilizes for event-study method that is examined by the author in examining the marketplace response to seven key carbon governmental informational events in the year 2011 and 2012. This particular sample involves 48 different firms where emissions-related data are obtainable from Carbon Disclosure Project information used for cross-sectional analysis. This paper mainly documents and proves as evident proposed tax for an overall negative impact on investor wealth from irregular returns (Luo and Tang 2014). Negative impact varies from various sectors from materials, financial sectors and industrial. It is found that firm direct carbon coverage measures the Scope 1 emissions and considerably associates with abnormal returns. Scope 2 emission is not enclosed by tax for future analysis purpose. Addition to that, findings majorly suggest informational content of events for developing in the carbon tax purpose (Luo and Tang 2014). This particular article content is limi ted to the main firms in relation with carbon outline information. Similarly, concern should be exercised for generalizing the inference. On the contrary, introduction to sensible implications on this article suggests carbon tax that is largely unexpected as well as unprepared for carbon policies. The above statement provides inadequacy and fails in impressing the investors (Luo and Tang 2014). It requires understanding of the carbon tax emissions and its affect on shareholder value. It adds welfare and encourages management in taking proactive actions for mitigating the compliance costs of carbon legislation. Enhancement of the Australian carbon tax mainly represents biggest social as well as economic restructuring events. Main results provide insights by the investors and penalize firms for heavy direct operational emissions (Luo and Tang 2014). Addition to that, Australian corporate carbon policy is an inadequate policy for reversing the negative effect of tax on the valuation of firm. (Luo and Tang 2014) argues firm factors like size, advantage as well as profitability and action division. Results indicate that there is important positive connection among size as well as increased corporate disclosures in relation with climate change practices. Addition to that, no significant relationship was detected among corporate environment modify disclosures as well as profitability (Eleftheriadis and Anagnostopoulou 2015). As rightly said by Depoers, Jeanjean and Jrme (2016), it emphasis upon global warming continuation in attracting the growing levels of attention as well as various stakeholder such as states, investors and lobbyists. These have kept climatic changes especially on corporate agendas as well as expecting firms in disclosing relevant greenhouse gas information. In this particular paper, investigation is done on consistent GHG information on voluntary basis by French Listed firms through communication channels like corporate reports as well as Carbon Disclosure Project. Precisely, it is desired in contrasting the amounts of GHG emissions for reporting the methodological explanations in each channel (Depoers, Jeanjean and Jrme 2016). From stakeholder theory perspective, it can be found that GHG amounts to lowering corporate reports in relation with Corporate Disclosure Project. This mainly suggests that firms for corporate report figures traceability in reducing the discrepancy between dis closures in both the channels (Depoers, Jeanjean and Jrme 2016). It is suggested for aiming in greater traceability and enhancing information credibility in and across different channels. Depoers, Jeanjean and Jrme (2016) suggest risk management as well as coverage falls under the board accountability, it relates with board effectiveness for firm decision for responding on voluntary basis to the Carbon Disclosure Project. It involves annual questionnaires and quality of disclosures in relation with climate-change risk and strategies for mitigating it as far as possible (Benà ¢Ã¢â ¬Ã Amar and McIlkenny 2015). Results mainly indicate positive relationship connecting board success as well as firm result in answering the CDP survey and carbon disclosure quality. There are various determinants of voluntary climate change disclosures for future analysis purpose. Findings indicate the importance of board of directors function for attractive in the simplicity and significance of intended disclosure of climatic modify of commerce organization (Benà ¢Ã¢â ¬Ã Amar and McIlkenny 2015). Depoers, Jeanjean and Jrme (2016) makes an argument that article is base on comfortable study of 533 listed company for examining corporate environmental performance affecting details of environmental disclosures for company. Results indicate mutually poor and good performer for having more disclosures than the center (Meng et al. 2014). In case of mixed performers, it provides empirical evidence for supporting non-linear association between business environmental presentation as well as ecological revelation. Poor performers mainly disclose soft information based upon environmental performance in comparison with good performers disclosing more solid information. Poor performers increases in the disclosures exposing as environmental violators and disclosing any kind of negative environmental information like violation and associated penalties (Meng et al. 2014). This particular study examines the additional evidence in case of maintaining non-linear association connecting ecological presentation as well as discovery in talented market for suggesting environmental disclosure in contemporary China (Meng et al. 2014). Reference List Arcjournals.org. (2016).Open Access Publications | Best Scientific Journals Online. [online] Available at: https://www.arcjournals.org [Accessed 16 Aug. 2016]. Ball, R., Jayaraman, S. and Shivakumar, L., 2012. Audited financial reporting and voluntary disclosure as complements: A test of the confirmation hypothesis.Journal of Accounting and Economics,53(1), pp.136-166. Bamber, L.S., Jiang, J. and Wang, I.Y., 2012. What's my style? The influence of top managers on voluntary corporate financial disclosure.The accounting review,85(4), pp.1131-1162. Benà ¢Ã¢â ¬Ã Amar, W. and McIlkenny, P., 2015. Board effectiveness and the voluntary disclosure of climate change information. Business Strategy and the Environment, 24(8), pp.704-719. Bernard, H.R. and Bernard, H.R., 2012.Social research methods: Qualitative and quantitative approaches. Sage. Chapple, L., Clarkson, P.M. and Gold, D.L., 2013. The cost of carbon: Capital market effects of the proposed emission trading scheme (ETS). Abacus, 49(1), pp.1-33. Depoers, F., Jeanjean, T. and Jrme, T., 2016. Voluntary disclosure of greenhouse gas emissions: Contrasting the carbon disclosure project and corporate reports. Journal of Business Ethics, 134(3), pp.445-461. Dhaliwal, D.S., Radhakrishnan, S., Tsang, A. and Yang, Y.G., 2012. Nonfinancial disclosure and analyst forecast accuracy: International evidence on corporate social responsibility disclosure.The Accounting Review,87(3), pp.723-759. Dumay, J., Dumay, J., Frost, G., Frost, G., Beck, C. and Beck, C., 2015. Material legitimacy: blending organisational and stakeholder concerns through non-financial information disclosures. Journal of Accounting Organizational Change, 11(1), pp.2-23. Eleftheriadis, I.M. and Anagnostopoulou, E.G., 2015. Relationship between Corporate Climate Change Disclosures and Firm Factors. Business Strategy and the Environment, 24(8), pp.780-789. Luo, L. and Tang, Q., 2014. Carbon tax, corporate carbon profile and financial return. Pacific Accounting Review, 26(3), pp.351-373. Meng, X.H., Zeng, S.X., Shi, J.J., Qi, G.Y. and Zhang, Z.B., 2014. The relationship between corporate environmental performance and environmental disclosure: An empirical study in China. Journal of environmental management, 145, pp.357-367. Misani, N. and Pogutz, S., 2015. Unraveling the effects of environmental outcomes and processes on financial performance: A non-linear approach. Ecological Economics, 109, pp.150-160. Perrault Crawford, E. and Clark Williams, C., 2010. Should corporate social reporting be voluntary or mandatory? Evidence from the banking sector in France and the United States Corporate Governance: The international journal of business in society, 10(4), pp.512-526. Plambeck, E.L., 2012. Reducing greenhouse gas emissions through operations and supply chain management. Energy Economics, 34, pp.S64-S74
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