The Secrets of the Lusitania :: essays research papers

The American owner of the ill-fated Lusitania is planning to explore and hopefully salvage the liner, sunk off the south-west coast of Ireland on May 7, 1915, killing 1,198 people. "The Lusitania is probably the most important shipwreck that hasn't been investigated in any detail so far," says Gregg Bemis. And although there are striking similarities between the Lusitania and the Titanic, recently the subject of a major movie, Bemis believes that the Lusitania is "a much more interesting and historical story - and you don't have to make up any phoney romance the way they did with the Titanic." It is a story which involves US President Woodrow Wilson, Winston Churchill and the still unanswered question of what the liner was carrying on board. The Lusitania, pride of the Cunard line, was sailing from New York for the port of Liverpool when a single torpedo from a German U-boat crashed into her hull between the third and fourth funnels. The ship sank in just under 20 minutes. Of those killed, 128 were American citizens, and the incident influenced the eventual US decision to enter the war two years later. It also provoked curiosity and mystery that naval historians have argued over ever since. Was the Lusitania, as the Germans claimed persistently, heavily loaded with Liliya Goldenberg 2 weapons of war? If she was, who tipped Germany off? In addition, did she carry priceless works of art in watertight containers, and what of the six million dollars in gold bullion rumored to have been taken aboard but which was not on the manifest? Following the discharge of the fatal torpedo, there was a second blast deep inside the ship a few minutes later - could this have been a secret cargo of explosives? What is certain is that since the fatal day of May 7, 1915, the wreck of the Lusitania has lain untouched 100 meters deep off the Old Head of Kinsale, a prominent peninsula on Ireland's southern coast. Gregg Bemis is in no doubt that she was carrying weaponry. "She went down in 18 minutes," he says. "That would have been impossible with one torpedo for a ship that size. There were high explosives on board, all right." Bemis also points out that one of those who perished was Sir Hugh Lane, Irish art collector and head of London's National Gallery. He was believed to have had a stack of paintings by Rubens, Titian and Monet on board in watertight

Personal Identity †Philosophy Essay

It is easy to see oneself as the same person we were ten, twenty, or fifty years ago. We can define identity through our physical presence, life experiences, memories, and mental awareness of self. One can testify our persistence as a person through our existence as a person. But what makes us the same person? In this paper, I will argue for the â€Å"simple† view of the persistence of identity – that it is impossible to determine what single thing that makes us the same person over time. I will support my claim with the refutation of the main complex view claims of the body, brain and psychological continuity criterion. Entrenched in the â€Å"simple† view is the idea that personal identity, and the persistence of personal identity, cannot be measured through philosophical discourse or scientific investigation. There are a number of opposing arguments, known as complex theories of personal identity. In each of these arguments, the central claim is that either the body, the brain, or the psychological continuity of an individual determines how they persist as the same person (Garrett, 1998, p 52). To call them complex is a misnomer – for each is far too narrow to properly define and explain personal identity. Complex argument 1– Psychological continuity John Locke defines a person as a ‘thinking, intelligent being, that has reason and reflection and can consider itself as itself, the same thinking thing, in different times and places’ (Locke, 1689, p 1-6). This statement suggests that, in order to persist as the same person, we must have a mental consciousness which persists through time. We can say that a person is psychologically continuous if they have a mental state that is descendent from their previous mental states. For example, this theory states that a five-year-old will be the same person when they are a 25-year-old, because their mental state in later years is descendent from their earlier years. Counter argument By its very nature, the idea of psychological continuity is flawed. It is not uncommon for an individual’s mental state to be changed so drastically that they could not truly be considered the same person. Several examples have been made by Waller: sufferers of cognitive impairments such as dementia, people who have gone through stressful or traumatic situations, and war eterans that are affected by post-traumatic stress disorder (Waller, 2011, p 198-210). In any of these cases, it would be difficult to argue that the individual has a continuous mental state – more accurate would be to describe them as a â€Å"snap† or â€Å"break† that, effectively, creates a new person. The only conclusion is that these individuals do not persist, as their psychological states become radically different from their previous psychological states. Complex argument 2 – Persistence of the body Another expression of the complex view is the body criterion. Put simply, a person is said to persist if they exist in the same physical body over time. In this case, the previously mentioned dementia or PTSD sufferers would be considered the same people, as their physical body has continued. The theory suggests a â€Å"brute physical relation† between body and identity (Korfmacher, 2006). Without regard for mental state, an individual is considered to have a persistent personal identity as long as their body survives. Counter argument This theory lends itself easily to thought experiments, and they quickly expose some problems. If individual A receives an organ donation from individual B, can it be said that individual A has taken some of B’s identity? Surely not. It would be absurd to suggest that having the kidney or liver of another person would affect one’s persistence as an individual. Similarly, if individual C had their body cloned, it would not make their clone the same person. There is much more to personal identity than can be defined by something so comparatively insignificant as the physical body. Complex argument 3 – Persistence of the brain The brain is the functional centre of the human body; the place where memories are stored, feelings are felt, and environmental signals are processed. It is unsurprising, therefore, that the brain is so often considered to be the â€Å"home† of personal identity. This theory is a staple of many science fiction texts – as a convention, the cognizant â€Å"brain in a jar† or brain transplant recipient is fairly common. Proponents of this â€Å"we are our brains† theory claim that, so long as the brain persists, so does the person. Counter argument This theory seems to refer to consciousness rather than the physicality of the brain, so it is important to make a clarification between the two. Julian Baggini suggests that we should view the relationship between consciousness and identity similarly to the relationship between a musical score and the paper it is written on (Baggini, 2005, pp. 112-114). In other words, the brain is simply a storage space for our memories, thoughts, and self-awareness. Should it not, therefore, be so that an individual could simply persist as a brain in a jar, provided they could be sustained in that state? If the entirety of personal identity is stored in the brain, there must be no need for the rest of the body beyond keeping the brain alive. Such a theory could not possibly be true – life experiences and interactions with the world are such an intrinsic part of identity that we could not persist without them. The theory that consciousness plays a significant role in the persistence of personal identity is appealing, but it can not be said that the brain alone could sustain consciousness. Conclusion  To call the simple view of the persistence of personal identity â€Å"simple† is almost deceptive; deep consideration on the subject quickly turns towards the complex. It is easy to grasp at the categories of body, brain, and mental state, but it would be wrong to say that the persistence of any of those equates to the persistence of an individual. Personal identity is something so much harder to define, and it is harder still to find definitive measures of its continuation. Personal identity is evasive, and fleeting; it is intangible, ever-changing. Its persistence is so much more than can be determined.

Essay on Management, Growing Leaders Study Case - 1030 Words

Running Head: Growing Leaders Growing Leaders P. Robbins and Coulter Golden Gate University 1. What do you think about Buckley’s statement that leaders and managers differ? Do you agree? Why or why not? I agree fully agree with Buckley’s Statement. He stated that a leader is the inspiration behind the scenes. The leader needs to show proper ethics and work attitude for the employees to follow. When a leader is not fulfilling his or her role and only commanding instructions, it†¦show more content†¦One of the greatest advices Buckley says, is the a leader should not be promoted too soon, a leader needs to stay in his position for some time and get use the achievements and the problems he will be facing. If a leader does not face any problems while in his position, he has not been in his position for a good amount of time. 3. Take each of the six leadership attributes that the company feels is important. Explain what you think each one involves. Then discuss how those attributes might be developed and measure. Energize and inspire others-I believe this attribute involves motivating employees to do their best. When you have a leader or manager that shows love for his work, he or she carries this on to others. From personal experience, I have had managers who hated their job and this made me not want to be at work; everything was negative. I now have a manager who loves what she does and truly loves helping people and her positive energy and passion most definitely rubs off on me! Demonstrate ethics-Ethics is what keeps the company organized and running the way it does. There are many ethics in a business; how to dress, how to act, what time to arrive at work, what to do in certain situations, and so on. When employees see upper management demonstrate right from wrong, it gives them a showing of what they are expected to do and not do, at work. Integrity/Compliance-Integrity and Compliance can also be said translated to â€Å"honesty.†Show MoreRelatedSaatchi and Saatchi: Case Study Review1285 Words   |  5 PagesBalanced Scorecard Case Study Review Introduction Saatchi Saatchi had risen to become a world leader in the advertising industry up until 1995 when, it faced challenges brought about by recessionary pressures. The corporation was in the brink of bankruptcy owing to unsustainable and aggressive strategy of becoming a world corporation ADDIN EN.CITE Greenhalgh2004316(Greenhalgh, 2004)31631645Greenhalgh, C.Building a Strategic Balanced Scorecard: Saatchi Saatchi Complementary Case Study. Business IntelligenceRead MoreAssessment 2 Mgmt110 Essay747 Words   |  3 PagesIntroduction to Management INSERT: Karan Saluja ; 4970135 SNY Pty Ltd Starting as a small manufacturing business in 1980’s, SNY Pty Ltd is a Campbelltown, NSW, Australia based manufacturing company previously owned by Gary Smith. The company became more global after Gary Smith got retired(Owner and Founder) and he sold the SNY to a large multinational oil and lubricants business. This essay outline briefly highlights the major management issues andRead MoreAvon Study Case1603 Words   |  7 PagesAssignment Avon Study Case Student’s name Professor’s name Dr. Course title 532 – Talent Management Date 2013 Provide a brief description of the status of the company that led to its determination that a change was necessary. In 2005, Avon Products success story turned ugly. After six straights years of ten percent plus growth and a tripling of earnings under CEO Andrea Jung, the company suddenly began losing sales across the globe. 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Although she has acknowledged it will not be an easy task to make such improvements, she identifies that not making such improvements could impact PolyProd millions of dollars in future cost of directRead MoreCase Study - Joes Problem915 Words   |  4 PagesCase Study: What is Joe’s Problem? Lisa A. Jones Introduction This case study describes the problems resulting from the promotion of Joe Doss at Ajax. Joe had an outstanding technical mind. He enjoyed doing research and working alone in his lab. Recognized as an outstanding contributor to the company, he received a promotion to head of a new research team. Problems immediately ensued, administrative details went unattended, and team members found it difficult to talkRead MoreEvolution Of The Leadership Problem890 Words   |  4 Pagesthe subject organization in detail, in this case a Naval Branch Health Clinic, several probable causes for problems present themselves. The first conflict that becomes evident is in the relationship that exists between the professional staff and clinical managers; the second involves a lack of leadership structure and poor enforcement of existing policies. The final point of discussion involves the insufficient development in place for future leaders. We must first analyze each issue in detailRead MoreT aking a Look at Leadership Styles707 Words   |  3 Pagesembrace the virtual and global changes that rapidly expand each day. This consists of leader’s shifting their normal techniques and rearranging them to the growing demands of the environment (Santos, 2009). Nonetheless, there is no one right way to lead; instead, different leadership styles lead to different outcomes (Zainal, 2011) Great leaders come in every race, gender and kind yet they all share similar characteristics of being strong well managed, and optimistisc.Most of all, they continuouslyRead MoreManagement at Work1470 Words   |  6 PagesCase Study: Management at Work 1. Does the pattern of management developments at GE over the last century seem to reflect the pattern suggested by management theory? Explain your answer. The management developments that GE has formulated over the past century appear to reflect the same sequential pattern that has been suggested by the management theory. GE’s first organizational innovation was the establishment of their corporate research and development lab in 1900. I believe this innovation

Abortion Is Wrong Or Not Essay - 1598 Words

The world has been in constant turmoil over the issue of abortion over many of years. Religion, moral beliefs, choice, pro-life, conception, ect, are major themes introduced during arguments regarding whether abortion is wrong or not. In 1973, in the case of Roe v. Wade abortion was legalized at the federal level, but ultimately it was left up to the states to choose how they wanted to oversee abortion laws. The state of New Jersey has a proposed a new law â€Å"S2026: â€Å"Pain-Capable Unborn Child Protection Act,† which bans abortion 20 weeks or more after fertilization. Compared to other states New Jersey has an abortion law that is restricted lightly for the patients and for the practitioners. Cherry Hill Women’s Center reports that currently in New Jersey â€Å"woman can access an abortion through 24 weeks in her pregnancy based on her last menstrual period (LMP). However, in New Jersey, all abortions past 14 weeks in pregnancy must be performed in either a sta te licensed ambulatory surgical center or a hospital, so there are very few facilities that can perform a procedure at that stage in pregnancy†(1). Understanding the current conditions of abortion in the state of New Jersey and the propose change to abortion is going to be the foundation of the analysis of this new proposed policy. New Jersey has abortion clinics in many locations spread throughout the state. One of the organization more commonly known for abortion services along with many other services would be PlannedShow MoreRelatedAbortion - the Wrong of Abortion 1706 Words   |  7 PagesAbortion is one of the most controversial topics of all times. The definition most people associate with abortion is the termination of unwanted pregnancy. In their essay, â€Å"The Wrong of Abortion†, Patrick Lee and Robert P. George argue that intentional abortion is unjust and therefore objectively immoral no matter the circumstances. Also, they argue that â€Å"the burden of carrying the baby is significantly less than the harm the baby would suffer by being killed; the mother and father have a specialRead MoreIs Abortion Wrong? Abortion? Essay863 Words   |  4 PagesTonitta Tottress Kelly Eliis 11/1/14 Eng. 1302 Is Abortion Wrong? What is abortion? Well some say it’s the deliberate termination of a human pregnancy, most often performed during the first 28 weeks of pregnancy. Maybe it’s when the pregnancy is ended so that it does not result in the birth of a child known as termination birth (www.bpas.org) and last but not least from the Palo Alto Medical Foundation, they state that â€Å"abortion is ending a pregnancy before the fetus (unborn child) can live independentlyRead MoreIs Abortion Wrong? Abortion?1321 Words   |  6 PagesIs Abortion Wrong? There continues to be a hot debate on abortion. Some people feel that this issue is neither right nor wrong, just simply a â€Å"to each his own† idiom. Those who are for abortion, tend to believe a woman has a right to decide what goes in her body and if she is capable of bringing life into this world. On the other side, there is an equal fervent opposition that killing an innocent unborn baby is wrong and unjustly, murder in the first degree of a helpless baby. Not only are theyRead MoreAbortion - â€Å"the Wrong of Abortion†1696 Words   |  7 PagesAbortion is one of the most controversial topics of all times. The definition most people associate with abortion is the termination of unwanted pregnancy. In their essay, â€Å"The Wrong of Abortion†, Patrick Lee and Robert P. George argue that intentional abortion is unjust and therefore objectively immoral no matter the circumstances. Also, they argue that â€Å"the burden of carrying the baby is significantly less than the harm the baby would suffer by being killed; the mother and father have a specialRead MoreThe Wrongs Of Abortion : Abortion1298 Words   |  6 PagesSeptember 2014 The Wrongs of Abortion Have you ever wondered what it would feel like to have your right to live taken away? A baby fetus doesn’t even get a chance to decide whether or not they want to live or not when inside the mothers’ womb. A baby has no say because the mother has the power to just â€Å"get rid† of a child. Abortion would just be a gateway to get rid of a child by killing it. There are many other different ways to prevent or give away a child you do not want. Abortion isn’t the onlyRead MoreAbortion Is Wrong1072 Words   |  5 PagesI believe that abortion is wrong and it’s a social problem. I think that it is wrong to have an abortion because life begins at conception. Abortion is no different to murder as it is the act of taking a human life. As in California penal code 187 says murder is an unlawful killing of a human being, or a fetus with malice. I think the above definition is an easier and less aggressive way to say that abortion is the murdering of a human being. No civilized society should permit any person to intentionallyRead MoreAbortion Is Wrong776 Words   |  4 Pagesthere are approximately 125,000 abortions performed all over the world. This is 125,000 innocent children whose lives were ended for them by their own parents. Abortion is cruel and unfair and should be illegal everywhere around the world. With abortion being cruel and unfair, it is completely immoral. Abortion is one of the most immoral things you can possibly do to another living human being. Bishop Christopher Jones of Elphin says,†Abortion is always morally wrong†(Daily Mail, 2013). â€Å"We claim thatRead MoreAbortion Is Morally Wrong?1206 Words   |  5 PagesAbortion is one of the most divisive, controversial issues in today’s culture. Generally, there are two main stances one may take regarding the issue. However, many people hold views that are less extreme and do not favor one position or the other. One philosopher, Don Marquis, is against abortion in his essay, â€Å"Why Abortion is Immoral.† He opens his paper with the statement that the view of abortion as seriously immoral has not received much support, while the anti-abortion position is supportedRead MoreIs Abortion Morally Wrong?1397 Words   |  6 PagesAbortion is viewed as an ethical issue worldwide as it has many debates which causes question: Should it be considered morally ethical or not? Should it be legal or illegal? Is it wrong, is it, right? In addition to multiple theories: Beliefs, Morality, Logic, Science and many others. Some argue that abortion is morally wrong because it has a right to life. While the opposing view believe that its morally correct because it holds no right to life. The text â€Å"The Deliberately Induced Abortion of

Benefits Of Configuration Control Of Constructing A...

Benefits of Configuration Control in Constructing a Building or Assembling Product Change is an unavoidable part of any project. All construction projects passed through several changes both unwanted and wanted during its lifespan. Through different phases of the project lifecycle, circumstances and situations are created that lead to variations and changes in the initial plan and scope. Admittedly, uncontrolled and unwanted changes result in loss of money and time. They also result in scope creep, accumulation of small changes that leads to the alteration of the framework of the project into an inflated and different that initially predicted. Therefore, it is prudent to control these changes to get a final finished product with wanted configuration and specification. This is where configuration control plays vital role. As such, the following paper describes the benefits of configuration control in constructing a building or assembling a product. Configuration control also called configuration management has existed since the 20th century but only gained recogniti on as project management tool in creating a building or assembling product in the recent past. Many pundits have argued that configuration control has many definitions depending on the type of application and the industry. According to American National Standards Institute, it refers to the management process for creating and maintaining steadiness of product’s functional, performance and physical characteristicsShow MoreRelatedProject Management Introduction4854 Words   |  20 Pagesunique product or knowledge. It may involve only one person, or thousands. It may last several days, or many years. It may be undertaken by a single organization, or by an alliance of several stakeholders. A project may be as simple as organizing a one-day event or as complex as constructing a dam on a river. What is Project Management? Project management is a carefully planned and organized effort to accomplish a specific (and usually) one-time objective, for example, construct a building or implementRead MoreComponents Based Software Engineering ( Cbse )5499 Words   |  22 Pagesprovides an optimal, efficient, economic and quick software development as per user requirements. The Need of Component Based Software Engineering Modern software systems have become more and more large scale and complex which results in higher cost of building the systems, low productivity, and degraded system-quality. Thus need of developing a good, economical software development strategy arose.CBSE helps to deal with complexity by following a divide and conquer approach, modularising large softwaresRead MoreEssay about Recognizing and Shaping Opportunities19389 Words   |  78 Pagesaspiring entrepreneurs. It might seem that ideas for innovative products and services are out there, just waiting to be discovered by the lucky few. 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I have also explained as to what is the role of a manager in today’s competitive Operations and logistics areas and as to how he can understand his responsibilities and implement the same for the benefit of the organisation. I have done this by starting my report by a suitable Introduction. Thereafter, I explained about Operations management and its various facets like concept of production, production system, production management, operations conceptRead MoreWalmart Strategic Analysis : Wal Mart6927 Words   |  28 Pagesmoney so they can live better.† (Wal-Mart Corporate) Wal-Mart’s statement sounds more like a motto than a genuine mission statement should. It is obviously too short and gives just two parts: clients and self-concept. It needs seven other key parts: products and services, markets, technology, concern for survival, philosophy, concern for public image and employees. Accordingly, it gives little data in respect to what is the overall reason for the business and does not address stakeholders. This is theRead MoreCommunication Management Challenges in Construction Project Execution63139 Words   |  253 PagesManagers   Ã‚  Ã‚   References   Ã‚  Ã‚   Footnotes | | | 1. The Owners Perspective 1.1 Introduction Like the five blind men encountering different parts of an elephant, each of the numerous participants in the process of planning, designing, financing, constructing and operating physical facilities has a different perspective on project management for construction. 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It may be hidden from the public and even from the customer. An example is the transformation that takes place at a bank, hospital, airline office, or college. Often when services are performed, no tangible goods are produced; instead the product may take such forms as the transfer of funds from a savings

Breaking Norms of Society Free Essays

â€Å"Norms are rules which specify appropriate behavior in a given range of social contexts. A norm either prescribes a given type of behavior, or forbids it† (Giddens 1997, p. 583). We will write a custom essay sample on Breaking Norms of Society or any similar topic only for you Order Now The importance of norms in our society is not negotiable. Those who follow the norms of our society have better chances to find stable social position, and will hardly lose it. Those who do not treat social norms properly or neglect them risk being rejected by the society within which they exist. However, as we live in extremely diverse society, breaking the norms of society does not always lead to uniformly negative reactions. My experiment has proved this assumption. It is not rare that informal (folkway) norms go against the formal (legal) norms of the specific society. For example, many nations still praise the principles of vengeance against the legal ban on murder. In his book, Newman spoke about the military obedience and the legal limits of warfare in the hands of a military. For a military during the war, â€Å"one legal justification for killing is warfare† (Newman 2006, p. 18), but this does not mean that killing should be massive and meaningless. I had a chance in my life to get acquainted with the people of Russian origin. I always kept to the thought that Russian people preferred drinking alcohol during their parties, and when I was invited to their party I was prepared to that. I was already looking for excuses because I did not drink. However, it was the informal norm that each guest had to taste the host’s home-made alcoholic beverage. No one evidently knew or even imagined that I would be able to refuse and to simply neglect that long lasting informal tradition. Yet, I did refuse. In addition, I simply did not like drinking. I felt uncomfortable, because I knew that I was breaking an important norm, and still I could not step over myself. As I later understood, different nations treated their informal traditions in a similar way: they preferred when other people followed them even against their will. Legal norms are frequently neglected or are not respected, but not to follow informal traditions often means not to be accepted into particular society. Moreover, I was extremely interested in tracing the reactions of other people towards my behavior. When I was offered a drink, I refused. I was surrounded by Russian people, and my refusal was extremely surprising to them. Later I noticed that the different people displayed different reactions in terms of my refusal. I spent the rest of the party with them, and I was hearing them talk about me here and there. Some people openly expressed their displeasure with my behavior as they were talking to each other. The host of the party came up to me and whispered that I should not have behaved as that. I also heard that some people still did not reject my position, and they were even trying to justify my conduct. No one with the exception of the host has expressed his view openly. None of the Russian guests ever tried to explain me why my conduct could be negative or why I would have to follow their traditions. Ultimately, I was never invited to this house again. From the viewpoint of sociology, norms are rather complex sets of meanings for a particular society. As I have later understood it was extremely important for the Russian host that I followed their principles and informal traditions. The fact that I was never invited to their house again told much to me, but the reactions of people at the party had told me even more. First of all, I now realize that the reaction of people at breaking informal norms is never uniform, even when these people belong to one particular society, the norm of which was broken. It is very probable that they had also broken their own norms for various reasons, and breaking social norm once may turn into the regular process of routinization. Once people â€Å"have taken the initial step, they are in a new psychological and social situation in which the pressures to continue are powerful† (Newman 2006, p. 25). One important fact meant a lot to me: none of those who supported me in my behavior openly expressed his position to me. This was evidently another way not to break the norms of the society in which they found themselves, and not to face the risks of being rejected. When my Russian acquaintances stopped contacting me, I understood that I was not accepted into their society due to my refusal to drink. Probably, they could accept such conduct within their circles, but not from a person who was actually alien to their traditions as I was. I still realize that if I appeared in similar situation once again, I would have to analyze the informal traditions before I came into a new society, and would openly explain to other people why I would not perform certain actions. Conclusion That type of experiment had led me to several serious conclusions. First, societies treat their informal traditions more obediently and more thoroughly than they treat the commonly held legal norms. In my case, there were no legal norms which would make me drink, yet I was not accepted into the Russian society again. Second, the reaction of other societal members at breaking folkway norms is never uniform. In this context, there are far reaching sociological implications for such conduct: even when people accepted my position they never expressed it openly. This meant that for a person to be within his own society was much more important than expressing his own thoughts and ideas which went against the norms and traditions of that particular society. I have expected that the reaction of people towards my conduct would be somewhat different: I anticipated that they would be open with me and would even try to explain why my behavior was wrong or to what consequences it could lead. However, they tried to create an impression that they were indifferent towards what I had done. Their indifference was only surface, because in their minds they were trying to weigh all pros and cons of my actions. It was evident that the way people treated their folkway traditions ultimately determined the way they behaved towards those who broke those traditions. The host of the party was one of those for whom informal traditions were extremely important: he was the only one to express his displeasure to me. References Giddens, A. (1997). Sociology. London: Polity Press. Newman, D. (2006). Sociology: Exploring the architecture of everyday life. 6th edition. Pine Forge Press. How to cite Breaking Norms of Society, Papers

Financial Reporting Quality Private Firms -Myassignmenthelp.Com

Question: Discuss About The Financial Reporting Quality Private Firms? Answer: Introducation In this paper, I am going to build my reflection upon the materials and feedback from week 4. This will enable me share my insights and motivations from this unit. I am intending to show the links I have identified between accounting and finance and the effective strategic decision making. Further, my reflection discusses the areas of financial accounting and management accounting that have effectively resonated with me. Moreover, I will be presenting a case of how I see the concepts I have studied which are applicable to my professional experience and my personal finances. I will also be reflecting on the specific steps I will take to assist me in transitioning when applying the coursework to my workplace. Further, the reflection details the particular ethical and cultural issues I consider useful in this module. I also highlights how my views have been impacted in regards to global business. Finally, I will conclude my reflection by taking a position that I have improved my key success including report writing and time management due to my experiences with this module. From the Week 4 materials and feedback, I have subsequently identified the connections between the management accounting and finance accounting. For example, from my experience in the process of implementing management accounting, I have realized that it has the benefit of improving the management of the firm. I have identified links between these concepts: Whereas management accounting describes the internal processes used in accounting for business transactions, financial accounting provides the wholesome picture of financial performance. The management accounting provide the particular detailed analysis that assist management accountants. Accounting finance will help me write a report using accounting information derived from the management accounting. Thus, there is a link between the two terms as one seems to always complement the other (Weygandt, Kimmel and Kieso 2015). These areas of accounting and finance have highly resonated with me in that, I have been able to have confidence when dealing with accounting and finance issues. By understanding the above linkage, I am able to generate proper strategic decisions that will enhance my professional development. These concepts in accounting and finance are really applicable to my professional experience and my personal finances. For example, before investigating to understand the connection above, I lack any knowledge in managing my finances well in my personal experience. I have had difficulties before when trying to manage my finances at an individual level. However, with this background, I am now able to effectively apply these concepts in managing my personal finance effectively (Hope, Thomas and Vyas 2013). I have identified various key steps that I help me transition by applying coursework in my workplace. One of the steps is to further undertake a deeper probe into this link in order that I fine-tune my knowledge. This will help me fill my knowledge and skills gap so that I will be able to have the essential skills and information on how to do my job (Nas 2016). I believe this will help me transition effectively. I have learned that without this step, I would have challenges transitioning due to lack of necessary skills and information on the link between the management accounting and finance. I have also decided to continue practicing on my own by using my personal finances to see how well I can manage my finance and apply the experience to my workplace. I have also identified some of the ethical as well as cultural issues and subsequently considered them useful in this module. For example, one of the ethical issue I have considered is the need to give full disclosure of financial info. I have realized that all stakeholders of the company have the right to be given right information to make informed decisions. Thus, in my workplace, I will always advocate for the full disclosure since this is an ethical practice. The cultural issue I have considered is the need to ensure that the company serves the people well by ensuring cultural diversity is achieved in recruitment, promotion and leadership. My views have been impacted in regards to the global business in that I have come to learn that only businesses that respect cultural diversity will survive as they are viewed as ethical. This makes many stakeholders to associate with them relative to their rivals (Edmonds, Edmonds, Tsay and Olds 2016). In conclusion, I take a position that I have improved my key success including report writing and time management due to my experiences with this module. References Edmonds, T.P., Edmonds, C.D., Tsay, B.Y. and Olds, P.R., 2016.Fundamental managerial accounting concepts. McGraw-Hill Education. Hope, O.K., Thomas, W.B. and Vyas, D., 2013. Financial reporting quality of US private and public firms.The Accounting Review,88(5), pp.1715-1742. Nas, T.F., 2016.Cost-benefit analysis: Theory and application. Lexington Books. Weygandt, J.J., Kimmel, P.D. and Kieso, D.E., 2015.Financial managerial accounting. John Wiley Sons.