The Consequences of Globalization in Australia - 1293 Words

What factors are involved and consequences of globalisation for Australia? Much discussion has been conducted on the topic of globalisation of the world of economy. Globalisation may be defined as the increasing economic and financial integration of economies on a global scale. Factors enabling globalisation include the change in technology which is the socialised knowledge of producing goods and services, as well as the reduction in the protection of the world economy such as the successive reduction in trade barriers since the Second World War. Consequences that arise as a result of Globalisation are known to be both positive and negative. One consequence faced by Australian businesses and industries is the aggravation of unemployment. Another is competition, in which demand and supply are balanced out by a regulatory function when businesses challenge each other by offering the best price, quality and service of their ability. A change in technology has been a main facilitator and driving force of most of the globalisation processes. Improvements in the capacity to produce have been made applicable through technology. The spread and speed of knowledge transfer and communication have increased, meaning that Australian businesses are able to market products at a cheaper price and be exposed to a global market to compete. This is because it is a requirement for producing goods such as clothes and cars, as well as services such as banking and security. Technologically, mostShow MoreRelatedSociological Concepts Of Identity And Globalization1083 Words   |  5 Pageschanging. (Kreiken 2011, p2) thus it is only natural that sociologists are intrigued at how relationships operate and their evolution over the past century. This essay will endeavor to critically examine the sociological concepts of identity and globalization, and the manner in which they have swayed the aspect of human relationships in Australian society, over the course of history. My Japanese grandparents’ generation, which will be referred to as ‘Generati on X’, will also be considered by analyzingRead MoreGlobalization and Cultural Homogenization Essay1497 Words   |  6 PagesThe rapid development of economic globalization and cultural globalization enhances cultural transaction between different countries. Even though in this process culture between different countries still has its own characteristic on the whole, the cultural homogenization has been presented in social life, especially in the media industry. This essay will discuss the definition of globalization and cultural homogenization, and the popularity of Hollywood movies in China, the phenomenon of convergenceRead MoreImpact of Globalization on Development of Business1520 Words   |  6 Pagesï » ¿Introduction Globalization, a process that covers the causes, the course as well as consequences of the transcultural and transnational integration of both human and the non-human activities is of great importance to organizational dynamics (Al-Rodhan 5).The concept of globalization is noted to be a trend which is timeless and evolutionary. It is therefore a process which generates connections and flows, not just across various nation-states as well as national territorial boundaries alone butRead MoreGlobalisation: a Study of Traditional Communities in Change Essay1439 Words   |  6 PagesGlobalisation: A Study of Traditional Communities in Change It has been argued that social changes in the contemporary world have resulted in local communities not being sustainable in its traditional form. Globalization has been a leading component of this social change that has accelerated in recent times. Hawkins (2006) has defined globalisation as a process by which the world’s societies and cultures are becoming increasingly interconnected and interdependent. Whilst this process has helpedRead MoreEssay on Leadership Challenges and Strategies in a Post-GFC World1460 Words   |  6 Pagesthis discussion is to discuss about these mentioned above. Firstly, there are many business leadership challenges and suitable solutions that could be applied in the post-GFC world. Globalization is the first one to involve in. According to Voegtlin, Patzer, and Scherer (2012, p.2), the negative side outcome of globalization lead to a corrosion of corporate legitimacy, a loss of public trust in directors and partnerships, and to the deterioration of social capital. To solve this, CSR has become a motivatedRead MoreI Am An Plan Of The Next Year During My Master Of Business Management Program1612 Words   |  7 Pagesspecialized college. In the wake of finishing my BBA i came to Australia for my masters, now i am seeking after MBA from APIC. To the extent my family is concerned i have one sibling who is doing graduation. My dad runs family business and my mom is housewife. To the extent about myself i am benevolent individual, i like to travel. I want to work in a group and i can work for quite a while in any environment. I want to make new c ompanions as in Australia i additionally made my companions in APIC. To the extentRead MoreEssay on CONTEMPORY MANAGEMENT2692 Words   |  11 Pagesimplications of globalization for Australian business and discuss whether Australia should become more integrated into the global economy Australia is an excellent object of study of globalization and its implications for business as its economic structure is at an unusual mid-way point. New market opportunities, competitive threats and opportunities alike have been the key drivers of globalization since the 1980s. This essay analyzes a variety of topics to determine whether Australia should becomeRead MoreGlobalization Has Created A Tremendous Impact On The Lives Of Women And Men Globally1103 Words   |  5 Pages Within the past decades, globalization has created a tremendous impact on the lives of women and men globally. Globalization denotes the process in which economic, financial, and technical transactions between different countries and communities throughout the world are becoming increasingly interconnected (Pearson). Yet in the beginning of the millennium, contemporary globalization has additionally taken more of a human form, as it has integrated and interconnected a collectivistic mass cultureRead MoreTho mas Friedm The World Is Flat1021 Words   |  5 PagesFriedman, a veteran award winning American journalist, speaking of his visit to Bangalore in India to work on a documentary based on outsourcing, and how his meeting with the then CEO of Infosys influenced him in writing his book where he analyzes globalization and lists out the various factors that led to a â€Å"flat† world. Mr. Friedman then continues and briefly summarizes the first three chapters of his book and how he derived them. The World is Flat Mr. Friedman uses a metaphor in the title and envisionsRead MoreThe Impact Of Globalization On Business Activity Communications And Movements Of Individuals Over The National, Political And Geographic Boundaries1401 Words   |  6 Pagesto Hill, there are two main facets of globalization, includes globalization of markets and production (Hill, Cronk, Wickramasekera, 2014). The historically different and distinctive national markets are integrating into a single huge global marketplace in which the perceptions and preferences of customers in different countries are beginning to unite as a single global standard; examples are McDonald’s hamburger (US), IKEA furniture (Sweden). The globalization of production allow firms to locate products

MLK vs. Obama - 1461 Words

Martin Luther King Jr. vs. President Obama Martin Luther King Jr. and President Barack Obama have both written and performed their fair share of speeches throughout their respective lives. The two speeches that are being compared are President Obama’s â€Å"A More Perfect Union† speech and Martin Luther King Jr.’s â€Å"Letter from Birmingham City Jail† letter. President Obama spoke this speech while his was campaigning for the presidency in February of 2007, while his was running against Senator Hillary Clinton. During the speech, he addresses the topic about his pastor Reverend Jeremiah Wright of the Trinity United Church of Christ in Chicago, and he also addresses the broader issue of race in the United States. He does this by using the words†¦show more content†¦He also brings in references from the New and Old Testament to appeal to the clergymen. It is about connection between author and reader, and King does this by â€Å"†¦ ground[ing] his identity in the religious, intellec tual, and political values of the American tribe, and it enacts a form of agency that sustains connection between author and reader even in the presence of disagreement† (Leff and Utley 11). King uses a logical way to connect with the reader on his/her own level. King does this by mentioning Saint Thomas Aquinas when saying, â€Å"To put it in the terms of Saint Thomas Aquinas, an unjust law is a human law that is not rooted in eternal and natural law† (King 207-208). This touches the clergymen on their own level because they are religious, and it touches the ordinary citizen because the statement is logical. On the other hand, President Obama also presents his arguments and statements in a logical manner. He appeals to the masses by presenting himself as a normal citizen with normal problems but also addresses problems that are deeply rooted in American history. He ties both of these entities together logically. He does this by describing his church setting as follows, â€Å"The church contains in full the kindness and cruelty, the fierce intelligence and the shocking ignorance, the struggles and successes, the love and, yes the bitterness and bias that make up the black experience in America† (Obama 242). It shows thatShow MoreRelatedMartin Luther King s I Have A Dream Speech Essay2045 Words   |  9 Pages â€Å"I have a dream that my four children will one day live in a nation where they will not be judged by the color of their skin, but by the content of their character.† (MLK, I have a Dream) Imagine standing in the crowd when Martin Luther King said this. To have all of your hopes and dreams of equality voiced in such a magnificent way. It spoke to the hearts of the people about the injustices and discrimination that were tearing apart and demeaning a great nation of liberty and justice. The king trulyRead MoreEssay about HIST 1302 FINAL EXAM REVIEW1343 Words   |  6 PagesEisenhower. Brinkmanship 9. Which Supreme Court decision ruled that a state law school have to admit qualified African American applicants even if parallel black law schools existed? Sweat vs. Painter 10. Which Supreme Court decision ruled that segregation in public schools was unconstitutional? Brown vs. Board of Education 11. Where was the â€Å"March for Freedom† in which state troopers and deputized citizens brutally attacked marchers in full view of television that helped lead to the Voting RightsRead MoreLiberty And Justice For Almost Everyone2522 Words   |  11 Pagesstill fighting for their rights as equal citizens. The Civil Rights era, 1954-1971, became one of the most important times for the Black community and it sympathizers. These times of change started off with quite the memorable beginning. In 1954, Brown Vs. the Board of Education stated that it was unconstitutional to have segregated schools. This was important to the Civil Rights Movement because it taught kinds at a young age to accept everyone for who they are. Even though it couldn’t solve all casesRead MoreMartin Luther King Jr. and the Civil Rights Movement Essay3359 Words   |  14 Pages African American people have come a long way from the illiterate slaves, who were once picking cotton in field s, to powerful political leaders. A prime example would be President Barack Obama, the first African American president of the United States of America. But first we must ask ourselves, how did this occur? Who lead African Americans to better living standards? Civil rights leaders, such as Sojourner Truth, Harriet Tubman, and Rosa Parks, just to name a few. However, amongRead MoreRhetorical Analysis Of President Kennedy s Inaugural Speech2018 Words   |  9 Pagesdelivered by JFK throughout his presidency, to see if his use of certain rhetorical features increased or decreased as his presence in the public eye changed his persuasive techniques. I could also compare and contrast different speeches such as American vs British speeches to see if the language as well as cultural references and acknowledgements differ depending on where in the world the speech is delivered and who it is delivered to, e.g. an American politician delivering a speech to an American audienceRead MoreCOM M292 Case Studies23202 Words   |  93 Pages................................................................................................5 Campbell and Bailyns Boston Office: Managing the Reorganization.............................................13 The Rise of President Barack Hussein Obama..............................................................................23 2. TEAMWORK TURMOIL Tony Marshall, a second-year learning team mentor, stared at his notes again. His interaction with the team last night confirmed what he suspected

Infocom Technologies and Optimization - MyAssignmenthelp.com

Question: Discuss about the Infocom Technologies and Optimization. Answer: Introduction Schwalbe (2015) stated that various industries such as energy and power generation, IT services and mining sector faces lack of competition into the marketplace as the companies are not updating and revising their project management methodologies. The companies require customizing the project management processes based on PMBOK and Prince2. In order to compete into the marketplace, a decision is taken regarding the adoption of PRINCE2 and Waterfall project management methodologies into various industries (Kerzner 2017). The methodologies divide the projects into convenient in addition to controllable stages. The report summarizes the project management methodologies such as PRINCE2 and waterfall project management methodologies in the business organization so as the organization can able to develop new product and services, establishment of new production line into the manufacturing industries, development of application of the information management systems and allows the enterprise teams to work into partnership in managing of project work by synchronization of team related activities. Adoption of project management methodologies In the organization, project management methodologies are required to outline the project document, initial document on project charter and feasibility report requires to complete to check if the project work is feasible or not. Project scope statement outlines what will have to be done by creation of project charter to define the scope and critical success factors (Yao 2016). Review of the project scope and revised scope statement is a strategy for successful adoption of the methodologies. Completion of the project decomposition results into work breakdown structure and performing of resource allocation for each of the project tasks are also an importance of development of new services (Kononenko, Aghaee and Lutsenko 2016). Improvement of services from perspectives of people who use of the services, delivery of integrated services to the project individuals, provides the employees with organizational structure which support responsibilities to develop competent workforces and releva nce of the learning are also project requirements. Parker et al. (2013) demonstrated that PRINCE2 is a detailed set of methods providing with structured, responsibilities as well as defined artifacts. The project manager requires communicating and doing the organizational work. A PRINCE2 framework concludes that the project should have prepared as well as controlled start. The benefits of this methodology are that it is predictable and utilized with best practices, standardizes with each aspects of the project to make sure that there are no chances of miscommunication and no licensing fees attached and this methodology meets the need of organization to develop the methodologies for project management (Verma, Bansal and Pandey 2014). Apart from the benefits, there are some issues such as lack of leadership and inability of organization to introduce of PRINCE2 methodology, not able to provide specialist aspects and detailed techniques, change management in this methodology is difficult as PRINCE2 is procedure oriented and focused on co mprehensive planning and also heavy documentation needs more time. According to the principles of the PRINCE2 methodology, each of the projects is supported by the continued business justification that is valid during the project lifecycle. The justifications are based on cost, time as well as quality (Boud, Cohen and Sampson 2014). Each of the project team members involved into the project is assigned with proper roles and responsibilities such that there are no possibilities of confusion related to distribution of work and methods. PRINCE2 encourages the project management by the stages. Based on the PRINCE2 methodology, the project consists of two stages, start up the project as well as project initiation stages (Karaman and Kurt 2015). The principles of project management are based on quality of the product. The main focus of the project manager is development of the products and services and maintaining of the quality standard across the projects. Waterfall methodology This particular methodology is a method to develop the software into the organization. This model considers a theoretical way to develop the software. In the requirement analysis phase, it captures all the project related requirements (ulha and Do?ru 2014). It does brainstorming to understand the project requirements. Based on the project requirements, the design is created. All hardware as well as software requirements are captured (Svejvig and Andersen 2015). The design is created based on the programs and codes and there is integration of unit testing to ensure that all expected work are done properly. It is ensured that the test exit criteria are being met and all the applications are up and running into respective environments (Singh and Lano 2014). Review of the project scope and revised scope statement, completion of the project decomposition results into work breakdown structure, performing of resource allocation for each of the project tasks and project execution document ba sed on time, cost, quality and change management are the outputs of the project life cycle management. This waterfall methodology is simple to implement and minimal amount of resources needed (Jain and Joshi 2016). After each stage, there is generation of output, hence it is highly visibility. There is efficient project management methodologies adoption at interval and client level. Setting of deadlines for completion of every stages and timely evaluation are done to check for project milestones (Golini, Kalchschmidt and Landoni 2015). Apart from the benefits, there are issues regarding it does not permit scope changes, does not permit for any type of business requirement changes, there is no working product until the completion of the project and unable to handle the unidentified risks easily. Conclusion It is concluded that PRINCE2 methodology is an intended, standard and stage oriented project management methodologies whereas the waterfall model is earliest SDLC approach used for the software development. It demonstrates of the processes of software development into linear sequential flow. The project management life cycle phase executes, begins when the team members begin to work on the project tasks assigned from the side of the project manager. The manager checks for to make sure that the project is being completed on the planned schedule. The person makes sure that the expenses are being accounted for the activities. References Boud, D., Cohen, R. and Sampson, J. eds., 2014.Peer learning in higher education: Learning from and with each other. Routledge. ulha, D. and Do?ru, A., 2014, April. Towards an agile methodology for business process development. InInternational Conference on Subject-Oriented Business Process Management(pp. 133-142). Springer, Cham. Golini, R., Kalchschmidt, M. and Landoni, P., 2015. Adoption of project management practices: the impact on international development projects of non-governmental organizations.International Journal of Project Management,33(3), pp.650-663. Jain, S. and Joshi, H., 2016, September. Impact of early testing on cost, reliability and release time. InReliability, Infocom Technologies and Optimization (Trends and Future Directions)(ICRITO), 2016 5th International Conference on(pp. 318-322). IEEE. Karaman, E. and Kurt, M., 2015. Comparison of project management methodologies: prince 2 versus PMBOK for it projects.Int. Journal of Applied Sciences and Engineering Research,4(5), pp.657-664. Kerzner, H., 2017.Project management metrics, KPIs, and dashboards: a guide to measuring and monitoring project performance. John Wiley Sons. Kononenko, I., Aghaee, A. and Lutsenko, S., 2016. Application of the project management methodology synthesis method with fuzzy input data.Eastern-European Journal of Enterprise Technologies,2(3 (80)), pp.32-39. Parker, D., Charlton, J., Ribeiro, A. and D. Pathak, R., 2013. Integration of project-based management and change management: Intervention methodology.International Journal of Productivity and Performance Management,62(5), pp.534-544. Schwalbe, K., 2015.Information technology project management. Cengage Learning. Singh, R. and Lano, K., 2014. Literature Survey of previous research work in Models and Methodologies in Project Management.International Journal of Advanced Computer Science and Applications,5(9), pp.107-122. Svejvig, P. and Andersen, P., 2015. Rethinking project management: A structured literature review with a critical look at the brave new world.International Journal of Project Management,33(2), pp.278-290. Verma, J., Bansal, S. and Pandey, H., 2014. Develop Framework for Selecting Best Software Development Methodology.International Journal of Scientific Engineering Research,5(4). Yao, Y.A.O., 2016. The Rational and Behavioral View in Project Management.DEStech Transactions on Social Science, Education and Human Science, (icss).

Organizational Behavior Investigation

The vital purpose of this piece is to investigate the correlations between the behavior demonstrated by the employees in the workplace and their satisfaction levels with the jobs (Bateman Organ 1983). It should be said that it is a fascinating subject matter that is still actively being studied.Advertising We will write a custom case study sample on Organizational Behavior Investigation specifically for you for only $16.05 $11/page Learn More The research is so important because the impact of worker satisfaction with aspects of their jobs on their workplace behavior has not been thoroughly studied. It is especially critical to investigate the influence of this factor on voluntary commitment because it is one of the core aspects that are necessary for the workplace environment. It should be said that operational citizenship behavior is often undervalued, and many organizations struggle when trying to promote it among the employees. The information that w as collected can be used to understand the importance of certain aspects of worker satisfaction levels. It is imperative that the researchers have chosen individuals of different professions as their subjects to minimize possible errors in statistics. The questionnaire was used as a primary research method for this study (Bateman Organ 1983). A researcher has collected the information about job satisfaction levels of employees in different departments, and the instrument includes 72 items (Bateman Organ 1983). Also, supervisors have rated their behavior that was recently shown in the workplace according to a scale that consisted of 30 items (Bateman Organ 1983). Such methods of analysis as cross-legged and static were used to determine the relationships between the positive workplace attitude and all the aspects of satisfaction (Bateman Organ 1983). This approach is rather interesting and may provide essential information for further studies. The results of the analysis are very intriguing. The main findings have shown that there are most likely positive correlations between the behavior of employees and facets of satisfaction (Bateman Organ 1983). Supervision and promotions were the most important variables, and they seem to have a greater impact on the attitude of the workforce than such factors as work, co-workers, and pay levels (Bateman Organ 1983). However, it is necessary to note that researchers think that there is a need for further study because the sample size was relatively small, and the duration of the study was not as long as it has to be to receive reliable data (Bateman Organ 1983). Also, the fact that the behavior of individuals may be affected by such aspect as work environment and personal qualities should not be disregarded.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The dissimilarity between the number of female and male particip ants also should have been addressed because the difference is significant, and it may have had an enormous impact on the outcome of the research. It is quite important to discuss the importance of some satisfaction factors. There is nothing that affects the behavior of an employee more than a comfort with supervision, and it can be viewed from the perspective of psychology. An individual strives to maximize the effectiveness of his or her or work through different activities that are not part of their responsibilities to make sure that their image is positive from the perspective of administration. Bateman and Organ (1983, p. 588) claim that ‘supervisors presumably value such behaviors because, in part because they make their own jobs easier and free their own time and energy for more substantive tasks’. Differently put, the perception of an individual that demonstrates such attitude can only be positive by the administration. However, one may view such actions as unne cessary, not significant, and would not change anything if he or she is not satisfied with supervision. Also, it is not surprising that promotions have a huge influence on the behavior of the workforce. Every individual needs to be motivated, and there is nothing that motivates more than opportunities for career advancement. Voluntary commitment is viewed as one of the essential factors that affect the promotion from the point of view of both workers and administration. It is also interesting that the satisfaction with work is the least significant factor according to this study. It is possible that most individuals that participated in the study did not actually like their jobs, and it may be viewed as one of the reasons that caused such results. The impact of relationships with co-workers is also not as huge as expected. However, it should be noted that it is extremely dependent on the profession, and it was not considered during the research. Satisfaction with pay is also an impo rtant factor that did not show such big influence on the attitude of employees as others. It is quite reasonable because it should not be viewed as the best way of motivation, and it is acknowledged by managers all over the world. Nowadays, supervisors are much more interested in voluntary commitment than they used to in the past, and it is considered as a paramount aspect of the successful career. I have learned from this article that it is imperative to consider satisfaction levels of workers to make sure that they demonstrate operational citizenship behavior. It is necessary to understand the ways in which this information can be used to maximize the efficiency of employee performance management. It is essential because it is evident that there is a significant correlation between the satisfaction of the workforce with the administration and voluntary commitment.Advertising We will write a custom case study sample on Organizational Behavior Investigation specifically for you for only $16.05 $11/page Learn More The supervisor needs to build solid relationships with employees to make sure that they are fully committed to their jobs. Numerous factors that affect the satisfaction of workers with the administration should not be disregarded. The supervisor needs to make sure that he or she is viewed as a role model, and relationships with workers should be developed. Promotional opportunities should also be provided, and a manager needs to understand their importance. Other aspects of worker satisfaction should not be disregarded because there is a possibility that they are closely connected to each other. However, management activities should be dependent on the business and unique qualities of the employees. For example, satisfaction with pay may be a deciding factor for a group of workers, and such possibility should be considered when making decisions. Also, I have learned that it is also possible to use similar questionnaires i n an organization to determine satisfaction levels of workers. Modern software can be used to store and process collected data. It is so paramount because it is necessary to know the issues that are present in a company, and they should be addressed if they negatively affect the attitude of workers. Overall, I think that this information was quite beneficial for me, and it is imperative to use such principles in employee performance management to improve the workplace environment. Reference List Bateman, TS Organ, DW 1983, ‘Job satisfaction and the good soldier: the relationship between affect and employee ‘citizenship†, Academy of Management Journal, vol. 26, no. 4, pp. 587-595. This case study on Organizational Behavior Investigation was written and submitted by user Madeleine U. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Teachers Job Description †Psychology Essay

Teachers Job Description – Psychology Essay Free Online Research Papers Teachers Job Description Psychology Essay The job description is a detailed duty statement about what activities, chores, duties a person will have while they are at the job. This duty statement is about an early childhood teacher. The job description gives a lot of detail about what is expected from a person who is early childhood trained when they join the job. The statement clearly sets out a few points under administration. The teacher has to take on the role of the authorized supervisor when required and also has to take care of any administration duties for a particular room or even the centre. They also have top assist and advice with requirements of equipment that is needed for a room or centre and make sure that each child is formally signed in and out of centre. Although this description tells a lot about what administration skills are required, it does not have as much detail as it could. It does say carry out administrative duties but there is no example of it that would make it clearer. Although you do not need any formal training for administration duties, it is better to know what is expected of you before you start a job. The description also has details about the centers policy and what they believe in. Although there is not a set section for management and leadership like there was for administration, there are statements that could be classified as management such as ‘effectively solve day to day problems and deal with unexpected occurrences according to centre philosophy, policies and procedures. Ebbeck and Waniganyake(2003, p.17) point out that ‘ currently there is no agreed definition of leadership in the early childhood field†¦.’.An example of leadership could be – ‘the teacher works as a member of a team and provides leadership in designing and implementing a high quality program†¦.’. Leadership is the long term objectives that is based on a idea or a vision of what you want the future to be like. It is argued by Rodd (third edition, p.41) that ‘female approach to leadership is argued to be more appropriate and successful in today’s world generally and early childhood specifically’. So when they say that early childhood is a female dominated field, then generally it will be better led as females are supportive, collaborative, sympathetic, caring. As leadership is difficult to identify, Rodd has come up with a typology which is a ‘framework for classifying selected factors or features’. The typology has personal characteristics, professional skills and r oles/responsibilities. Administration is the day to day housekeeping tasks, management is taking care of the present and the future and leadership is based on a vision towards the future. When it comes to these three concepts, it might be confusing as to which is what because they might overlap and people might not think of themselves as managers or leaders. People from different cultures might also get confused as these concepts might not mean the same in their culture. The job description has a lot of sub headings and provides some details under each, but they could be more expanded. For example – ‘make good professional practice†¦.’, but what is a professional? A definition of a professional could have major differences depending on people’s cultures, values and beliefs. This is supported by Hargreaves and Ivor Goodson(1996,p.4) ‘what it means to be a professional, to show professionalism or to pursue professionalisation is not universally ag reed or understood’. At the end of the job description, the employee has to sign and date the form. When it comes to administration, staff input should always be asked for as these decisions might effect them directly. The duty statement might be better understood if a director or another person responsible for the centre explains it to the new employee. That way they can explain any question or queries and can make it clearer so that they understand what administration, management and leadership qualities they need for the job. When it comes to these concepts and dealing with them in early childhood settings, it is better to consult staff that are involved in every case and every time. That way they staff will feel involved and can even give hints or ideas that one person might not have been able to think of by themselves. A team is better at coming up with ideas than a single person. So consultation is very important! Research Papers on Teacher's Job Description - Psychology EssayTrailblazing by Eric AndersonThe Project Managment Office SystemThree Concepts of PsychodynamicOpen Architechture a white paperStandardized TestingBringing Democracy to AfricaResearch Process Part OneMind TravelHarry Potter and the Deathly Hallows EssayBionic Assembly System: A New Concept of Self

Elements of Account Essays

Elements of Account Essays Elements of Account Essay Elements of Account Essay Sample Question Paper Code-254 ELEMENTS OF BOOK KEEPING ACCOUNTANCY Class-IX Summative Assessment-II March 2011 Examination Design of Question paper Time Allowed : 3 Hrs 01. Weightage to form of Questions Type of questions 1. 2. 3. 4. MCQs Short Answer Questions Long Answer Questions(i) Long Answer Questions(ii) Total No. of Questions 16 8 4 4 32 Marks for each Question 1 3 4 6 Total Marks 16 24 16 24 80 Maximum Marks : 80 Duration of the examination will be 3 3 ? hours. Evaluation will be done from following topics Unit 4 Unit 5 Unit 6 Unit 7 Journal Ledger Recording and posting of cash transactions Trial balance 20 20 20 20 80 marks 1 Sample Question Paper ELEMENTS OF BOOK KEEPING ACCOUNTANCY (Code-254) Class-IX Summative Assessment-II Time Allowed : 3 Hrs GENERAL INSTRUCTIONS : 1. 2. 3. 4. 1. The Question Paper has 32 questions in all. All questions are compulsory. Maximum Marks : 80 Questions from serial No. 1 to 16 are multiple choice questions. These are to be answered by writing the correct option in your answer sheet. Attempt all parts of a question together. Business transactions are recorded:(a) (c) in chronological order at the end of the month (b) (d) weekly None of the above 1 2. Trial Balance is prepared generally for a particular period which is ? (a) (c) week Quarter (b) (d) month Year 1 3. Goods returned of Rs. 500/- by a customer, Anil will be entered in(a) (c) Purchases Book Sales Book (b) (d) Purchases Returns book Sales Returns Book 1 4. Purpose of Sales Book is(a) (b) (c) (d) To record all sales made by the firm To record payment due to creditors To record all credit sales made by the firm to record credit sales of goods made by the firm 1 5. Salaries paid to staff will be debited to (a) (c) Salary A/c Staff A/c (b) (d) Cash A/c Expense A/c 1 1 (b) (d) Secondary entry None of the above 1 Transactions None of the above 6. A ledger is called a book of :(a) (c) Primary entry Final entry 7. A Ledger Account is prepared from:(a) (c) Events Journal (b) (d) 8. Cash Book is used to record. (a) (c) All Cash receipts only. All Cash c redits sales (b) (d) All Cash payments only All receipts payments of Cash 1 (b) (d) Original entry None of the above 1 9. Journal is called a book of (a) (c) Secondary entry Final entry 10. Transactions entered on the debit side of Cash-Book are posted to (a) (b) (c) (d) Debit side of the Cash Account Debit side of the respective ledger account Credit side of the respective ledger account Credit side of the Cash Account 11. If the total of the debit side of Cash Book exceeds the total on the credit side it indicates: 1 (a) (c) Favourabel cash balance (b) Excess of expenditure (d) Unfavourable cash balance Bank Overdraft 1 12. Petty Cash Book is generally prepared by: (a) (c) Every business unit Large business units (b) (d) Small business units None of the above 3 13. The object of preparing trial balance is: (a) (b) (c) (d) To ascertain the profits for the period To ascertain the accuracy of accounts To ascertain the financial position of the concern To ascertain cash balance 1 14. Purchase of furniture on credit is recorded in (a) (b) (c) (d) Purchase book Journal Cash-Book Sales-Book 1 15. Cash discount received on payment to creditor is recorded on the (a) (b) (c) (d) Credit side of the cash column of the Cash-Book On the debit side of the cash column of the Cash-Book On the credit side of the discount column of the Cash-Book On the debit side of the discount column of the Cash-Book 16. Ledger contains: (a) (b) (c) (d) All accounts Only personal accounts Only nominal accounts Only real accounts 1 17. Prepare the Purchases Book from the following details:(a) (b) (c) 3 Purchase of goods costing Rs. 5000 from M/s. Ramesh vide invoice no. 120 dated 15. 09. 2010. Purchase of Fixed Assets costing Rs. 8000 from M/s. Renu vide invoice no. 016 dated 20 . 09. 2010. Paid wages Rs. 600 in cash vide receipt no. 16 dated 25. 09. 2010. 4 18. Classify the following under the three types of accounts ( Real, Nominal and Personal): (a) (c) (e) Drawings Capital Bank (b) (d) (f) Cash Machinery Depreciation 3 3 3 3 3 3 9. Give any three uses of a ledger. 20. Differentiate between Journal and Ledger on the basis of any three points. 21. Cash Book is both a Journal a ledger. Explain. 22. Give three examples of entries which appear in a Journal Proper. 23 . Write any three limitations of preparing a Trial Balance. 24. State whether the following account will have a debit or a credit balance ? (a) (c) (e) Sales Capital Rent Paid (b) (d) (f) Purchase Return Salary Purchases 3 25. Enter the following transactions in appropriate Subsidiary Books of Ramesh for the month of January 2010: 4 Date Jan. Jan. 5. Jan. 15 Jan. 25 Transactions Sold goods to Ram Purchased goods from Hari Ram Returned goods to Hari Ram Ram Returned Goods Rs. 5,000 2,000 500 800 26. Rearrange the following steps in preparing ledger: 1. Enter the relevant amount in the amount column . 2. Record the page no. of the Journal . 3. Identify in the Ledger the account in which transactions are to be recorded. 4. Enter the date of the transaction in the date column. 4 5 27. Insert the following in Tabular Petty Cash Book. On 1st Feb. 2010 Rs. 40 were given to petty cash clerk. Feb. 2009 1. 2. 8. 12. 14. 15 Transactions Chowkidars Wages Pencils Railways freight on account of books Postage Stamps Telegrams Sundry Expenses Amount (Rs. ) 15. 00 5. 25 2. 31 1. 25 2. 44 0. 56 28. What is the main objective of preparing a Trial Balance? 29. Journalise the following transactions Date 2009 Jan. 1 Jan. 3 Jan . 7 Jan. 20 Jan. 25 Jan. 30 Started business with cash Sold Goods to Rohan Goods purchased from Sohan Paid Rent Commission Received Machinary purchased 50,000 40,000 20,000 500 200 10,000 Transactions Rs. 4 6 0. Pass the Journal Entries of M/s. Ram Traders. Post them to the Ledger from the following transactions: 6 Date 2010 April 1 April 3 April 5 April 15 Commenced Business with cash Purchased Furniture Goods purchased Cash Sales 1,50,000 25,000 30,000 40,000 Transactions Rs. 6 31. From the following information, draw up a Trial Balance in the books of Shri Subhash Chand as on 31st March,2009: 6 Transactions Capital Purchases Cash in Hand Cash at Bank Electricity exp. Stationery Office Equipment Sundry Debtors Machinery Salaries 32. Rs. ,50,000 40,000 7,000 8,500 4,800 500 2,400 8,000 1,60,000 11,400 Transactions Sales Sundry Creditor Rent Furniture Bank Loan Investment Commission paid Opening Stock Commission Received Postage Telegram Rs. 1,05,400 5,000 2,000 16,000 10,000 6,000 1,050 3,200 1,200 750 Prepare a Cash Book with discount column of Shri Shyam from the following transactions and balance it. 2009 March 1 March 3 March 5 March 10 March 12 March 15 March 18 March 25 Balance of cash in Hand Rs. 25,000 Rent paid Rs. 2,000 Purchased goods for cash Rs. 10,000 Stationery purchased Rs. 2,500 Sold Goods for Cash for Rs. ,000 Cash received from Ram Rs. 980 and discount allowed Rs. 20 Cash paid to Shyam Rs. 950 and discount Received Rs. 50 Wages Paid Rs. 2,000 7 Marking Scheme ELEMENTS OF BOOK KEEPING ACCOUNTANCY Class-IX Summative Assessment-II Time : 3 hours Q No 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17. 18 Answer (a) (d) (d) (d) (a) (c) (c) (d) (b) (c) (a) (c) (b) (b) (c) (a) Maximum Marks : 80 Marks Purchase Book Balance Rs. 5,000 (a) (c) (e) Personal Account Personal Account Real Account (b) (d) (f) Real Account Real Account Nominal Account 8 19. (i) It provides complete information about all accounts in one book. ii) It facilitates the preparation of final accounts. (iii) It enables to ascertain the main items of revenues, expenses, assets and liabilities and their amounts. 20. Point of Distinction 1. 2. Nature Stage of Recording Journal It is a book of primary entry. Recording in the journal is the first stage. 3. Balancing Journal is not balanced Ledger It is a book of final entry Recording in the ledger is the second stage. All ledger accounts (except nominal accounts) are balanced in the ledger. 21. The Cash Book is a book of original entry since transactions are recorded for the first time from the source document. The Cash Book is a ledger in the sense that it is designed in the form of a Cash Account and records Cash receipts on the debit side and cash payments on the credit side, Thus, the Cash Book is both a journal and a ledger. 22. (i) Outstanding Expenses. (ii) Prepaid Expenses (iii) Entries for Dishonor of Bills. 23. Limitation of a Trial Balance- A Trial Balance is not a conclusive proof of the accuracy of the books of accounts since certain types of errors remain even when the Trial Balance tallies. The following errors do not affect the trial Balance at all. a) (c) 24 (a) Error of Principle, (B) Compensating error, Error of Recording in the books of original entry. Credit Debit Debit Error of complete omission (d) Credit (b) (d) (f) (c) Credit (e) Debit 25. Sales Book Rs. 5,000, Purchase Book Rs. 2,000, Purchase Return Book Rs. 500, Sales Return Book Rs. 800. 26. In order of 3-4-2-1. 27. Total Payment Rs. 26. 81 Balance c/d Rs. 13. 19 Grand Total Rs. 40. 00 Cash Required Rs. 26. 81 9 28. (i) To ascertain the arithmetical accuracy of Ledger accounts. (ii) To help in locating errors. (iii) To facilitate the preparation of financial statements. 9. Date 2009 Jan. 1 Particulars Cash A/c To Capital A/c (Being business started with cash) Jan. 3 Rohan To Sales A/c (Being the goods sold to Rohan) Jan. 7 Purchase A/c To Sohan (Being the goods purchased from Sohan) Jan. 20 Rent A/c To Cash A/c (Being the rent paid) Jan. 25 Cash A/c Dr. 200 200 Dr. 500 500 Dr. 20,000 20,000 Dr. 40,000 40,000 Dr. Debit (Rs. ) 50,000 50,000 Credit (Rs. ) To Commission Received A/c (Being the commission received) Jan. 30 Machinery A/c To Cash A/c Dr. 10,000 10,000 Being the Machinery purchased Total 1,20,700 1,20,700 10 30. (a) Date 2010 April 1. Particulars Cash A/C To Capital A/c (being started business with cash) Furniture A/c To Cash A/c (being the goods purchased for cash) Purchase A/c To Cash A/c (being the goods purchased for cash) Cash A/c To Sale A/c (bring the goods sold for cash LF Amounts Rs. 1,50,00 Amounts Rs. 1,50,000 April 3. 25,000 25,000 April 5. 30,000 30,000 April 15. 40,000 40,000 (b) Balance of following ledger Accounts Cash A/c Rs. 1, 35,000,Furniture A/c Rs. 25,000, Purchase A/c Rs. 30,000, Sales A/c Rs. 40,000. 31. Trial Balance Total Rs. 2, 71,600. 32. Cash Book Balance C/D Rs. 16530. 00, Discount Dr. Rs. 20. 00, Discount Cr. Rs. 50. 00. 11

Case study analysis Essay Example | Topics and Well Written Essays - 2000 words - 1

Case study analysis - Essay Example I decided to visit Gartree Therapeutic Community to learn on how offenders can interact well among themselves as well as the staff. I had a vision of learning about different therapeutic interventions. Prison Objectives This organization is guided by aims that enable it rehabilitate offenders of different kinds. First objective is to instill hope in the convict. In many cases when one is sent to prison, he or she feels shut and forgotten forever. People believe that there is no life behind bars. However, this organization restores the lost hope in the offender. This helps to boost his morale and self esteem. It also prepares him or her to face the new challenges that he will face in prison life. In addition, it is said that when hope is lost all is lost. Therefore, the prison has well laid objectives that enable the offender accept his new status in society. This enables prisoners to move on with their lives. When an individual learns to accept his environment, cope with the changes and appreciate the people around him, such an individual grows. This shows that this objective of instilling hope to offenders is a positive attitude. Offenders feel that the world has condemned them, and there is nothing good left for them. They are considered as chiefs of sinners. The society tends to avoid such people. They are separated from their friends and loved ones. They learn to accept that they will be in prison forever. Such scenarios suck hope, leaving us in a world of deep thought. It was a positive idea for the prison authority to come up with this objective of instilling hope in offenders. Moreover, it is my desire that the staff is also part of the program. Today people are going through different challenges in their lives such as loss of jobs, rejection, marriage break ups; lose of loved ones among many. They need to be encouraged and supported morally. Lees, Manning, and Rawlings (2004) suggest that through personal interactions among the prison community, people can encourage each other. Life issues are always present. They come to us when we like it or not. It is vital that we equip ourselves with life skills that can assist us overcome. Another objective in this organization is assisting offenders to have an insight on how their problems came about. A prison is a rehabilitation agency out to correct individuals. This indicates that one should turn away from his past and be able to focus on the future. However, one can not achieve this without realizing where things went wrong. It is the duty of the prison to help the offender be able to have this insight and make an about turn in this life. This helps a person to stop blaming himself or the people who were around him. This insight helps the offender to realize that the things he does affects other directly or indirectly. This fosters to bring change from the inside of a person. It also helps one to avoid doing things that may affect other negatively. This enables him to be cautious with h is words and actins. More so, it helps to create a significant interaction among offenders and the staff. Particular Site The GTC was established in 1993 to give an opportunity to under therapy in a unique living and learning environment. This regime is similar to the rest of the wings. However, in the mornings prisoners enroll in therapy time exercises. They engage in therapy and feed back program for three mornings in small groups. Such small