Wednesday, October 30, 2019
Physics Essay Example | Topics and Well Written Essays - 1000 words
Physics - Essay Example In this respect, Nuclei that are accelerated by the effect of the gradient tend to move faster than their precessional path as opposed to the case in which the phase encoding gradient is switched on. On the contrary, for nuclei that are slowed down, the reverse is true. It is the degree of the steepness in the phase encoding gradient slopethat detects the amount of phase shift between the two different points throughout the axis of the gradient. In essence, it implies that a steep gradient creates a large shift in the phase between these two points along the gradient axis. However, the shallow gradient create smaller shift between these two points (Kaut-Roth et al, 2005). Response to Question 2: This part deals with the Nyquistââ¬â¢s theorem. This is a theorem that is used for determining accurately the speed of digitizing frequency of the sine curve. For this to apply, the process of sampling the signal should always be equal or larger than double the signal frequency. When such happens, more points acquired results in better defined frequency. Dwell time is experessed mathematically as: Dwell time = 1/ (2?sweep width) (MRES7004, 2012). Dwell time = 1/(2?20,000) = 2.5 microseconds While acquisition time is, on the other hand, expressed mathematically as: Acquisition time = dwell time ?no. of data points Acquisition time = 0.64 miliseconds. Response to Question 3 This question is based on analyzing diagram of five lines have five processes. The 90 degrees RF pulse (excitation pulse) causes the longitudinal magnetization vector to move along the Z axis into the x-y plane (transverse plane). Due to the magnetic field inhomogeneity... Physics Frequency encoding gradient helps locate signals along the long axis of the part that is imaged.In the event that the slice is selected, the signal that originates from the slice should always be positioned on both axis of the image.In respect to this, the signal position along the axis of the gradient can be determined from its frequency. This is achieved through establishing a difference in the frequency either linearly fashion or through a shift in the signal along the gradient axis, in which case the frequency encoding gradient is turning on.In the course of acquiring the signal it is often the frequency encoding gradient that is turned on. This is explains why it is often referred to asa readout gradient. As has been established through research, the degree of the steepness of the frequency encoding gradient slope often determines the field of view of the anatomy that undergoes scanning and it is known to be the last period of spatially encoding the signal. For the case of the Phase encoding gradient in the diagram, the gradient is to be applied immediately prior to the application of the 180 degrees RF pulse. Whenever it is applied, the net magnetization phase (lose coherence) leading to signal reduction. The phase gradient is altered in every repetition time (TR), following the use of rephrasing gradients for filling different lines in the K space with data. Using the high phase encoding gradient causes a decrease in the signal intensity.
Monday, October 28, 2019
Explain Irenaeus Theodicy Essay Example for Free
Explain Irenaeus Theodicy Essay The Irenaeus Theodicy, often called Soul Making, is a counterpart to Augustines Theodicy, yet it is also and opposing argument. While Augustine stated that evil came from humans and Adam in Genesis, Irenaeus proposes that evil is opposing the human races bid to become one with God. Irenaeustheodicy differs from Augustines, as it is more in the sense that God created evil, whereas Augustine described its existence to be more of a mistake. Yet some of Irenaeus points relate to Augustines, though are different forms as they are based on different opinions. Irenaeus battles the problem of the inconsistent triad by saying that God is omnipotent, omnibenevolent and omnificent and evil does exist, but that we, as a race, are not perfect. He believes that at the moment of creation we were not at all perfect, but drastically flawed. And to become one with God, as God intended, we must work toward that goal. The idea that we must work towards God places him in a higher realm. It is this epistemic distance that evil fills and we must fight through. John Hick, a perpetrator of this Theodicy states that: In order to be a person, exercising some measure of genuine freedom, the creature must be brought into existence, not in the immediate divine presence, but at a distance from God. Evil comes in as the obstacle coarse in the way of the ultimate prize. After all, with such a great goal, it shouldnt be easy. Though this doesnt really answer the question of where evil came from, or why God allows it. Irenaeus believes that we chose it when humanity fell in Creation. That justifies moral evil. But what of natural evil? Why did God want this journey to take place in such a hazardous environment, with earthquakes and pestilence, and in such frail form, which is susceptible to such dangers? Hicks response is that moral and spiritual development does not take place in a static environment but comes as the result of challenge and struggle and because we live in a world where pain and suffering is real our actions have real moral consequences for both ourselves and others. Any world where this was not the case would be one where the distinction between right andà wrong could not be made. In saying this, Hick is accused of belittling some of the worlds more excessive examples of evil. The holocaust for example. But in this modern day and age, where Nihilistic attitudes are taking over, people dieing is seen as less of an evil. After all, if you kill one, whats the difference in killing six million? He further argues that those who say that any kind of omnibenevolent wouldnt allow evil to exist full stop are depriving themselves of freedom that humanity entails. For God to get involved in every act of evil that occurs would deprave us of the free will that God gave. And it would reduce God, the ultimate creator of the universe, to a human plaything. If that happened he would no longer be God, as we would control him. As Irenaeus said, If anyone do shun the knowledge of both kinds of things he unaware divests himself of the character of a human being. As far as criticisms go, it is to optimistic. It is essentially an everything will work out in the end theory, that we will end up at Gods side after a long struggle and every thing will be happily ever after in heaven. But if we do that, there is really no reason for a God to make us happy, which negates Augustine and Irenaeus theories. Also, he is basing all of this on the bases that God exists. For that reason, atheists dont hold to this argument at all. Overall, atheists dont hold to this on the basis that they believe that God doesnt exist; therefore there is no ultimate cause. Theists like this theodicy as it allows them to keep their ideal of an omnipotent etc god, but does justify evil. Reasoned arguments cannot account for the amount of evil in the world Discuss A reasoned argument is one that has no empirical bases. Therefore it is a posteri. In the case of evil, the two theodicies of Augustine and Irenaeusà are reasoned. There is no physical base of proof for either. For Augustine, the bible cant be proved; the Christ event cant be proved to have improved our worth in terms of evil either. The same for Irenaeus, we cant prove that we are heading for paradise as no one has ever come back to tell us. But we cant deny the fact that there is a lot of injustice exists and, if we could measure it, evil is a large digit. But the amount of evil in the world has no quantity. How can we measure something that is essentially a human concept? Cheetahs have no idea that killing an innocent gazelle is classified as evil. After all, the gazelle did nothing to harm the cheetah. But the predator has cubs to feed and hasnt eaten for days. So putting those two facts together justifies the original statement. But just because we cant justify the quantity doesnt mean we cant do anything about it. To date, the better off countries have dropped about à £30 million in 3rd world debt. The Live Aid concert that happened all around the world has raised awareness of the plight of those less well off. While it is an undisputable fact that people are still suffering through both moral and natural evils, something is being done to lower the quantity of evils.
Saturday, October 26, 2019
Alienation and Isolation in William Falukners A Rose For Emily :: essays research papers
Alienation and Isolation in William Faulknerââ¬â¢s ââ¬Å"A Rose for Emilyâ⬠à à à à à William Faulknerââ¬â¢s short story ââ¬Å"A Rose for Emilyâ⬠displays themes of alienation and isolation. Emily Griersonââ¬â¢s own father is found to be the root of many of her problems. Faulkner writes Emilyââ¬â¢s character as one who is isolated from the people of her town. Her isolation from society and alienation from love is what ultimately drives her to madness. à à à à à Emilyââ¬â¢s isolation is evident because after the men that cared about her deserted her, either by death or simply leaving her, she hid from society and didnââ¬â¢t allow anyone to get close to her. Miss Emily is afraid to confront reality. She seems to live in a sort of fantasy world where death has no meaning. Emily refuses to accept or recognize the death of her father, and the fact that the world around her is changing. à à à à à Emily attempts to recapture her past by escaping from the present. She wants to leave the present and go back to a happier past. Miss Emily wants to find the love she once knew. ââ¬Å"After her fatherââ¬â¢s death she went out very little; after her sweetheart went away, people hardly saw her at allâ⬠(243). Emily alienates herself from everyone when the two people she has loved most in her life go away. She becomes afraid to grow close to anyone in fear of losing them again. à à à à à Miss Emilyââ¬â¢s isolation is able to benefit her as well. She has the entire town believing she is a frail and weak woman, but she is very strong indeed. Everyone is convinced that she could not even hurt a fly, but instead she is capable a horrible crime, murder. Miss Emilyââ¬â¢s actions range from eccentric to absurd. After the death of her father, and the estrangement from the Yankee, Homer Barron, she becomes reclusive and introverted. The reader can find that Miss Emily did what was necessary to keep her secret from the town. ââ¬Å"Already we knew that there was one room in that region above stairs which no one had seen in forty yearsâ⬠(247).
Thursday, October 24, 2019
Money as a Motivator Essay
Money as a Motivator: The reasoning behind it. Organizational Behavior March 26, 2013 Table of Contents Executive Summaryâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.3 What is moneyâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.4 How important money isâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.4-6 Why companies move to poor countriesâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..6 Money motivation theoriesâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.7-8 Keeping employeeââ¬â¢s satisfiedâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â ¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦8-10 Embezzlement scandalsâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.10-12 Summaryâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.. 11-13 Executive Summary The dynamic force that ultimately guides work-related behavior is money, money and only money. In defining the word money on the other hand, we look beyond of what is generally accepted money only being paper, notes and coins, seeing that we believe money in the circumstances of the workplace can exist in various forms. In this case, it is obvious to see that what motivates a company to move towards globalization, according to the facts that it is money and only money. This is one of the reasons we disagree with theorists like Fredrick Herzberg that came up with reasoning or the idea that money does not motivate, ââ¬Å"â⬠¦So for Herzberg money was not a motivatorâ⬠(Chapman, 2001). Money motivates me to do lots of things, as it does you, and a lot of money would motivate me to do things that I wouldnââ¬â¢t do for less. Famous sayings like ââ¬Å"money makes the world go aroundâ⬠, ââ¬Å"money makes the mare goâ⬠and ââ¬Å"show me the moneyâ⬠successfully serve as testaments to our argument but reflecting on the previous examples, money as we have defined it, is clearly the sole motivator in work and many other environments. In the unfortunate cases, money as the sole motivator in the workplace ranges from exploitation of people for cheap labor in some countries, to more publicly-known crimes such as murder and embezzlement. What is actually is money? This is a very commonly asked question, especiallyà in todayââ¬â¢s society. Money is nothing but what you see- printed coins and paper, yet looking at society today it is plain to see money plays a critical part. (Elliott, 2007) There is absolutely no question that we live in a very materialistic world today that we are selves have actually created. In this kind of society, it is strongly believed that the only true motivation is that of ââ¬Å"making the most money.â⬠We, the approving team believe this to be true, especially in the workplace where it seems play the biggest part. The dynamic force that ultimately guides work-related behavior is money, money and only money. That is ââ¬Å"only money motivates people, to get the job done.â⬠According to the Oxford Dictionary the term motivate is defined as ââ¬Å"to give incentive toâ⬠, or ââ¬Å"the reason why a person(s) is behaving or acting in a certain way.â⬠It is regarded as the ââ¬Å"internal driveâ⬠that can enforce an individual to portray distinct behavior (Kreitner, 1995). In defining the word money on the other hand, we look beyond of what is generally accepted money only being paper, notes and coins, seeing that we believe money in the circumstances of the workplace can exist in various forms. Examples of which include; the sharing of profits, commissions, and tips, share issues as well as objects that can be or are of high monetary value. The following paragraphs will explain to the readers that prove the statement ââ¬Å"only money motivatesâ⬠by clarifying various examples that have perceived to confirm this statement as indefinitely true. You only have to take one look at society today to really acknowledge that only money motivates. The lottery as an example, there are no other logical reason behind a personââ¬â¢s motive in buying a lottery ticket, or any other form of a gambling ticket other than that person being motivated by the idea they could win a very large lump-sum of money. Things like reality television and radio today will entice people with an amount of money to exploit themselves in every way possible or thinkable way. Letââ¬â¢s can this statement for example, would you hunt down the one person that holds hundreds and hundreds of dollars for the fun of it? Would you eat a year old rotting cowââ¬â¢s intestine out of your own free will? There are also many significant past events have also given people that drive to be, motivatedà by money. In the years between1896-1900 the event known infamously as the Klondike Gold Rush created absolute chaos in the Yukon, Canada. The Yukonââ¬â¢s population exploded in the next 3 years as people rushed from everywhere in the world to try their luck in increasing their wealth and fortune, this is a prime example motivated purely by their hopes and in some cases dreams of discovering of gold, in ââ¬Å"the great north of Canada.â⬠(Yukon, 2013) In the workplace today, we are also finding a very similar trend occurring. Money is the reason behind the choice made by numerous men and women today to bid farewell their love ones, friends and colleagues to seek better paid job opportunities overseas, or here in Canada across the country. Engineers, electricians, mechanics, and countless other people are being lured overseas or cross country by wages that allow those people to enjoy the greater comforts in life, and jobs that provide them enough opportunities to grow or move up the ââ¬Ëtotem poleââ¬â¢ in their fields. This opportunity is so great that it also allows for a possible job change. A great man once said ââ¬Å"Money has never made man happy, nor will it, there is nothing in its nature that to produce happiness. The more of it one has the more one wants.â⬠That was said by Benjamin Franklin, former president of the United States of America. (Franklin, 2013) There is no doubt that this case is just one of many. An article with the heading ââ¬ËGrowing crisis for our hospitals as 5,500 a year join the brain drain in search of better payââ¬â¢ (Browne, 2001) says it all. Not only are engineers making the move overseas, but they are shifting their focus beyond their national home borders to seek better wages. These individuals are motivated purely by the concept and desire of higher salaries, and a seemingly better life. The motivating powers of money are also drawing the attentions of many star athletes. Soccer and Hockey are a good example, where they take every possible opportunity to play for the ââ¬Ëhighest bidderââ¬â¢, or make the most amount of money, which unfortunately sees a lot of great talent leaving the country. Have they forgone the opportunity to pride fully play for their own country just for the sake of a higher salary? It does appear so. In addition, it has also been noted that professional tennis players have refused to play at some of the greatest tennis courts in the world, becauseà the monetary awards were not to the playerââ¬â¢s satisfaction. Workers and professional athletes are not the only ones packing up to seek better financial opportunities and rewards. Companies have also started to focus their efforts in a more globalized-context by becoming promising multinational companies. There is only one motive behind big multinational companies; they make billions upon billions of dollars. What motivates a multinational company to hire labors from poor countries? They have the ability to make greater profits, because of the lower pay-out. Seeing as people in poorer countries will work for less, multinational companies have realized the way to save big on wages and further increase their profits is to utilize this ââ¬Ëcheap laborââ¬â¢. In this case, it is obvious to see that what motivates a company to move towards globalization, according to the facts that it is money and only money. This might not always be a bad thing, because these companies do bring work to these countries that might not otherwise have any work. (Dollar, 2012) There are a numerous jobs in society there today, some which most people are less than willing to perform. Yet there are so many people who are willing to perform these jobs every single day. A garbage collector who collects foul smelling trash daily stands by their work because they know they are getting paid enough for their efforts. This is the only reason why they choose to do what they do. You could say, to them ââ¬Å"only money motivatesâ⬠in this instance. These jobs have nothing to offer in terms of working conditions and other job benefits, all they have to offer is money. These people do not care about the conditions, because the money alone is enough to satisfy. This is one of the reasons we disagree with theorists like Fredrick Herzberg that came up with reasoning or the idea that money does not motivate, ââ¬Å"â⬠¦So for Herzberg money was not a motivatorâ⬠(Chapman A. , 2001). Thomas A Stewart a writer for Business 2.0 magazines claims ââ¬Å"Money is not a motivator, and that statement is complete nonsense. Money motivates me to do lots of things, as it does you, and a lot of money would motivate me to do things that I wouldnââ¬â¢t do for less. Money motivates.â⬠(Chapman T. ) The reoccurring incidences of wages disputes and industrial strikes that haveà loomed society also offer a proving point as to why only money motivates. Qantas baggage handlers and freight workers were recently involved in a protracted dispute with the company about wages. (News, 2011) More significant recently were the strikes of nearly 4000 Sydney bus drivers, which affected most of us in some way. This big fuss was caused all by one major issue- pay. Bus drivers of Sydney had called for a 27% increase in their base wage over three years. Claiming that, their pay had fallen far behind other public sector jobs in recent years. Everywhere in the media we hear about unhappy workers calling for pay rises. Yet you never do you hear workers striking over other workplace related issues. It almost sounds unbelievable for a group of staff if they were receiving high pay packages, to strike over their belief that they feel unappreciated or undervalued in the workplace and because they feel their achievement have gone unnoticed by managers at work. This subject matter then makes want to ask where non-monetary gestures fit in all this? Our belief is that non-monetary factors such as working conditions, interpersonal relationships and organizational policies and procedures are not motivators but merely hygiene factors that only serve to keep people from being dissatisfied, so here we indeed agree with Herzbergââ¬â¢s theory of motivation. We believe the factors that provide job satisfaction only cause and strengthen organizational commitment, but not motivation or work performance. Many people these days would rather work overtime, weekends and nights than call it a day if they knew they were in return receiving a bonus from their supervisor. As mentioned before monetary rewards such as share and stocks can also be regarded as money. Many companies offer these options to their employees to motivate them towards achieving the organizational goals of higher work productivity and performance. Last year, Vodafone granted share options to more than 42000 employees around the world. Each employee receiving an option to buy Vodafone shares with a face value equal to 50% of their annual salary (Vodafone, 2001). Proposed plans like these have been a success as a survey conducted in 1997 discovered that broad-based stock option companiesà had 31% more productivity than all public companies (NCEO). Share schemes are improving productivity because employees are realizing that the more profit the business makes the greater the dividend they receive. This will thereby securely aligning the employeeââ¬â¢s individual goals of making money with the organizationââ¬â¢s overall objective of profitability and success. Money is also the only reason behind employees staying with a company. Offering bonuses and having an above-average salary. Entrepreneurship maintains if you want to keep and retain employees you must: 1. Pay employees higher than market rates; ââ¬Ëemployees stay happier and work harder if they are paid higher than the normal market rates.ââ¬â¢ 2. Establish a signing or continuation bonus. One local entrepreneur offered a key receptionist a $5,000 bonus if she stayed three more years. If she left before the three years, then she was legally responsible for the prorated share of the bonus not earned. We believe that bonuses that tie employees to the company over a three to four year time period are excellent investments. 3. Have an incentive system in place. It is plain to see that more money will motivate an employee to stay with their firm and therefore insure the long-term viability of the business. Would having flexible hours and challenging work entice an employee to stay, if they are not receiving an appealing pay package? It is highly unlikely. 4. Create a culture of education, for employees; the single most important motivational factor was the ability to learn. To keep employees motivated, agencies need to build a culture of learning, where employees leave more enriched at the end of each day. 5. Provide regular, consistent feedback. Employee feedback is a critical part of the education process, and shouldnââ¬â¢t just be relegated to the annual review. To be effective, feedback needs to be specific and actionable. But thatââ¬â¢s not always how it works. In a study by Leadership IQ, 53 percent of employees said that when their boss praises excellent performance, the feedback does not provide enough useful information to help them repeat it. And 65 percent responded that when their boss criticizes poor performance, it doesnââ¬â¢t provide enough useful information to help them correct the issue. (Daniel Debow, 2011) On a different note yet still on the context of the workplace, money has also motivated a minority group of individuals to the extreme point of corruption. Sneza Suteski, an accounts clerk, was found guilty of murder for arranging the death of her boss. What was her motive? Money, Suteski devised an ââ¬Å"elaborate and complexâ⬠scheme by changing bank numbers in the automatic payments system for invoices she got approval for that would have seen $500,000 flow into the bank accounts of herself, her brother and her ex-boyfriend (Crichton, 2002). This case serves to prove the extreme motivational power of money in the workplace, even if it involved carrying out something horrendous like murder. Emphasizing the point once again, that people are purely driven by money. Embezzlement is another workplace related crime purely motivated by money. It involves the act of an employee stealing company funds from their employers. This month, there are many ââ¬Å"famousâ⬠embezzlement cases throughout the world, this case is just one of many. In 1997, Yasuyoshi Kato embezzled $90 million from Day-Lee Foodââ¬â¢s Inc. (Marguet, 2011). This case is seen as the worst embezzlement case in the history of the United States. This is just one of many cases of embezzlement that is going on in workplaces today. Employees that carry out these unethical and dishonest acts are driven by the thought of getting their hands on one thing only- money. Famous sayings like ââ¬Å"money makes the world go aroundâ⬠, ââ¬Å"money makes the mare goâ⬠and ââ¬Å"show me the moneyâ⬠successfully serve as testaments to our argument but reflecting on the previous examples, money as we have defined it, is clearly the sole motivator in work and many other environments. In fact, it is such a powerful motivator that it enables people to consistently work under conditions that the majority wouldnââ¬â¢t wish to encounter for a day. On the other hand, if people donââ¬â¢t have enough, workers and unions are happy to disrupt the lives of the public to get more money and where this is not possible, many sporting and other individuals are happy to leave the country in search of it. In the unfortunate cases, money as the sole motivator in the workplace ranges from exploitation of people for cheap labor in some countries, to more publicly-known crimes such as murder and embezzlement.à Ultimately, there is no doubt in our minds and everyone elseââ¬â¢s heads that ââ¬Ëonly money motivatesââ¬â¢. Summary Money is nothing but what you see- printed coins and paper, yet looking at society today it is plain to see money plays a critical part. The dynamic force that ultimately guides work-related behavior is money, money and only money. That is ââ¬Å"only money motivates people, to get the job done.â⬠In defining the word money on the other hand, we look beyond of what is generally accepted money only being paper, notes and coins, seeing that we believe money in the circumstances of the workplace can exist in various forms. You only have to take one look at society today to really acknowledge that only money motivates. The lottery as an example, there are no other logical reason behind a personââ¬â¢s motive in buying a lottery ticket, or any other form of a gambling ticket other than that person being motivated by the idea they could win a very large lump-sum of money. There are also many significant past events have also given people that drive to be, motivated by money. Money is the reason behind the choice made by numerous men and women today to bid farewell their love ones, friends and colleagues to seek better paid job opportunities overseas, or here in Canada across the country. In this case, it is obvious to see that what motivates a company to move towards globalization, according to the facts that it is money and only money. This is one of the reasons we disagree with theorists like Fredrick Herzberg that came up with reasoning or the idea that money does not motivate, ââ¬Å"â⬠¦So for Herzberg money was not a motivatorâ⬠(Chapman, 2001). Money motivates me to do lots of things, as it does you, and a lot of money would motivate me to do things that I wouldnââ¬â¢t do for less. The reoccurring incidences of wages disputes and industrial strikes that have loomed society also offer a proving point as to why only money motivates. Our belief is that non-monetary factors such as working conditions, interpersonal relationships and organizational policies and procedures are not motivators but merely hygiene factors that only serve to keep people from being dissatisfied, so here we indeed agree with Herzbergââ¬â¢s theory of motivation. Many companies offer these options to their employees to motivate them towards achieving the organizational goals of higher work productivity and performance. It is plain to see that more money will motivate an employee to stay with their firm and therefore insure the long-term viability of the business. On a different note yet still on the context of the workplace; money has also motivated a minority group of individuals to the extreme point of corruption. This case serves to prove the extreme motivational power of money in the workplace, even if it involved carrying out something horrendous like murder. Embezzlement is another workplace related crime purely motivated by money. Famous sayings like ââ¬Å"money makes the world go aroundâ⬠, ââ¬Å"money makes the mare goâ⬠and ââ¬Å"show me the moneyâ⬠successfully serve as testaments to our argument but reflecting on the previous examples, money as we have defined it, is clearly the sole motivator in work and many other environments. In the unfortunate cases, money as the sole motivator in the workplace ranges from exploitation of people for cheap labor in some countries, t o more publicly-known crimes such as murder and embezzlement. Bibliography Chapman, A. (2001). Frederick Herzberg motivational theory. Retrieved March 9, 2013, from http://businessball.com: http://www.businessballs.com/herzberg.htm Chapman, T. (n.d.). Business 2.0. Crichton, S. (2002, May 29). Cold hang behind her bossââ¬â¢s murder gets 24 yearsââ¬â¢ jail. Retrieved March 13, 2013, from http://www.smh.com/au: http://www.smh.com.au/articles/2002/05/28/1022569772348.html Daniel Debow, R. (2011). 5 ways to keep your rockstar employeeââ¬â¢s happy. Dollar, D. (2012). Making Globalization Work for the Poor. Retrieved from http://worldbank.org: http://live.worldbank.org/making-globalization-work-poor Elliott, M. F. (2007). Greenwood Guides to Business and Ecomomics: Money. Westport, Conneticut : Greenwood Press. Franklin, B. (2013, Feburary 24). www.brainyquotes.com. Retrieved from Brainy Quotes. Marguet, C. T. (2011, April 22). The top 10 embezzlement cases in modern US history. Retrieved March 16, 2013, from marquetinternational: http://www.marquetinternational.com/pdf/top_10_embezzlement_cases_in_us_history.pdf NCEO. (n.d.). Broadly Granted Stock Options Improve Corporate Performance. Retrieved March 16, 2013, from www.nceo.org:
Wednesday, October 23, 2019
Financial Analysis Sample Questions
Question 1 VMA Limited is a supplier of office equipment in Newport. The company is also listed on the London stock exchange. The traditional company has a board of directors comprising two executive directors and two non-executive directors. It also has two sub-committees, which are the audit committee and nomination committee. The Audit committee is made up of two non-executive directors whilst the nomination committee is made up of two executive directors and one non-executive director. Currently, Sir Williams, the CEO, is responsible for remuneration of the directors. The board of directors is planning to bid for a contract amounting to ? 5million for the provision of office equipment to government schools across Newport for the next five years. However the directors are worried about the companyââ¬â¢s liquidity position as this might affect the chances of securing the contract. As the management trainee with a MBA, you have been tasked by the board to prepare a bid proposal based on the following financial information: Additional notes: . Administration expenses include ? 290,000 which is depreciation of non current assets during the year. 2. The company sold an asset which had a net book value of ? 310,000 for ? 80,000. 3. During the year the entity acquired non-current assets costing ? 1,900,000. 4. A dividend of ? 700,000 was declared during the year. Required Preparation of report addressed to the board of directors which includes the following: (a) Stateme nt of Cashflows and its evaluation; (30%) (b) An assessment of the companyââ¬â¢s working capital management and; (10%) c) An evaluation of the companyââ¬â¢s compliance with the corporate governance code. (10%) Total 50% Question 2 Kapoor Limited is a company that manufactures plastic watches in Chennai. The start-up has been in operation for six months and does not have a decent budgetary system in place. The company owners have asked you to set up a modern budgetary system for the company based on the following information: Additional information: 1. Ninety per cent of the monthly sales for cash. the remainder will be sold on credit, the receivables settling one month after sales 2. Wages are paid sixty percent during the month in which they are earned, forty per cent in the month following. 3. Variable overhead is paid in the month in which it is incurred. 4. Material costs are paid two months after the material is used in production 5. The company will purchase a new pick up truck for ? 14,000 in August. The present truck will be sold in the same month for ? 4,500. 6. The company intends to pay the insurance premium amounting to ? 5,000 in two equal instalments in the month of June and August 7. The depreciation charge of ? 1,000 a month is included in the Fixed overhead. 8. The cash balance on 1 June 2009 is expected to be ? 3,000 in hand. Required Prepare a report to the owners which should include the following: (a) The process of setting up a budgetary system and its significance to the company; (16%) (b) A cash budget for each of the two months commencing 1 June 2009. (24%) (c) An assessment of how to evaluate which customers should receive credit and how of much should be offered. (10%) Total 50%
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