The Different Meanings Of The Indian Camp By Ernest...

The Story within the Story: The different meanings of The Indian Camp While researching texts written about The Indian Camp by Ernest Hemingway. I found that readers all had different views on the events within the story. One of the major focus was on an suicide that took place. Although the reason for the even is not clear many chose to focus on why it happened. This was not the main plot of the story but it played a significant roll in people interpretations. The short story focuses on Nick Adam s a young kid who is taking a trip with his father to deliver a baby. While on this trip Nick is exposed to certain things that are parts of life. My goal in this paper is to try to give my readers my interpretations on the events that unfolded during the story. Ill give you a glimpse into my point of view and what I think each situation means. To achieve my goal, I have organized my paper into three sections. Two out of the three will have sub-sections. In the first section I will provide an event about Nick and his understanding on whats actually happening: my interpretation of his father and what I thought nick was exposed to and his understanding. The second section I will discuss what I thought the meaning of the suicide ment. I will cite some resources from different texts that we have went over in discussion and what resources thought of the tragic suicide. Ill try to compare how my thoughts was formulated vs what the sources thought. I will end my paper with an aShow MoreRelatedErnest Hemingway Indian Camp Symbolism1137 Words   |  5 PagesAmong all the stories I had the chance to read in this course, â€Å"Indian Camp† by Ernest Hemingway kept on reappearing on my mind, as if it was part of a movie I recently watched and its juxtapose of complexity vs. simplicity was longing for a deeper understanding and appreciation. Ernest Hemingway’s â€Å"Indian Camp† includes symbols with deeper meanings within the imagery and characters. The story is very straight forward, simple and minimalist. It doesn’t beat around the bush, exposing unnecessaryRead More Different Cultures, Different Essay957 Words   |  4 Pages Every society and culture has different ways of interpreting and defining occurrences by the way their own culture or society functions. â€Å"A society’s culture, consists of whatever it is one has to know or believe in order to operate in a manner acceptable to its members†(Geertz 242). The rituals, customs, ethics and morals that are attributed to the cultures have caused these differences. To understand how the people of one culture interpret a situation or event, one must evaluate the attributesRead More Comparing F. Scott Fitzgerald and Ernest Hemingway Essay1214 Words   |  5 PagesComparing F. Scott Fitzgerald and Ernest Hemingway F. Scott Fitzgerald and Ernest Hemingway, though both evolved from the same literary time and place, created their works in two very dissimilar writing styles which are representative of their subject matter. The two writers were both products of the post-WWI lost generation and first gained notoriety as members of the American expatriate literary community living in Paris during the 1920s. Despite this underlying fact which influencedRead MoreThe Marxist And Postcolonial Lenses1366 Words   |  6 Pagesstory apart and delve deeper into the author’s true meaning. One such author famous for hiding a deeper meaning beneath the surface of his stories is Ernest Hemingway. By analyzing literature through the Marxist and Postcolonial lenses, one can see Hemingway’s inner thoughts about how people view and interact with each other, on both a classist and racist level. The Marxist standpoint is known to illuminate the struggles and tensions of different social classes in literature. In Hemingway’s â€Å"A CatRead MoreWhat Lies Beneath: The Meaning Beneath the Surface of Ernest Hemingways Work3267 Words   |  13 Pagesthe freezing waters, but instead the unseen structure twice its size that lurked beneath the surface. Ernest Hemingway does the same thing to his readers that the iceberg did to the titanic. In Hemingway’s writing it is undeniably what lies beneath the surface, what remains unsaid, that truly shakes the reader to their core. Like other American writers, such as Mark Twain and Stephen Crane, Ernest Hemmingway worked as a journalist before beginning his career in literature. As a rule, journalistsRead MoreErnest Hemingway Research Paper3978 Words   |  16 PagesMrs. Carmody Period 8 April 16, 2012 Wang 2 Many authors, critics, and everyday social readers define Ernest Hemingway as the prime example of 20th century American literature. Hemingway’s works transcend time itself, so that even readers today analyze and criticize his works. His works, of course, have drawn praises and animosity from all corners of the globe. Critics often applause Hemingway on his short simple prose, for which many people recognize him for. His writing builds upon the masterfulRead More The Forgotten Female in the Works of Ernest Hemingway Essay3143 Words   |  13 PagesThe Forgotten Female in the Works of Hemingway      Ã‚  Ã‚   Ernest Hemingway has often been accused of misogyny in his treatment of female characters (and, perhaps, in his treatment of women in his own life). It is not fashionable these days to praise the work of Ernest Hemingway, says Frederick Busch. His women too often seem to be projections of male needfulness (1). Many of his stories are seen as prototypical bildungsroman stories--stories, usually, of young men coming of age. ThereRead MoreAlcohol and Despair Depicted in Ernest Hemingways Short Stories2611 Words   |  11 PagesThroughout the short stories of Ernest Hemingway, alcohol inevitably lends its company to situations in which desperation already resides. In an examination of his earlier works, such as In Our Time, a comparison to later collections reveals the constant presence of alcohol where hopelessness prevails. The nature of the hopelessness, the desperation, changes from his earlier works to his later pieces, but its source remains the same: potential, or promise of the future causes a great deal of trepidationRead MoreA Research Assignment : All Quiet On The Western Front And The Sun Also Rises2803 Words   |  12 PagesResearch Assignment â€Å"I was there† Anoki Jacksch 12Eng61 16.05.14: Introduction The authors, E.M. Remarque, Eric Lomax, Kurt Vonnegut, Joseph Heller and Ernest Hemingway, who became famous, wrote excellent novels, because they were in love, have an underlying issue or have experienced issues that they want to share with the world. I choose to investigate the following novels: All Quiet on the Western Front, The Railway Man, Slaughterhouse-5, Catch-22 and The Sun Also Rises, because they all thematicallyRead MoreLogical Reasoning189930 Words   |  760 Pages................................................................................... 107 Creating Helpful Definitions ............................................................................................................ 110 Different Definitions for Different Purposes .............................................................................. 111 How to Avoid Errors when Creating Definitions ..................................................................... 115 Review of Major Points

The Plausible Theory Of Perception Direct Realism Or...

Title Which is the more plausible theory of perception Direct Realism or Indirect Realism? Introduction In this essay I will consider two common theories that attempt to account for the problem of perception, namely Direct, and Indirect realism. I will outline several arguments against direct realism and show how the theory of indirect realism more plausably accounts for the problem of perception. Objections to the arguments against direct realism will be considered and possible counterarguments given. This paper will consider two theories of perception that attempt to account for this problem, namely Direct and Indirect realism, and argue against direct realism in favour of indirect realism, leading to the conclusion that indirect realism is the more plausable of the two. Background The nature of perception, such as sight, touch, and smell appears intuitively straightforward; direct and immediate access to a mind-independent world (naive realism). We feel as if we looking through our eyes, as if they are open windows to an external world, and when we feel the texture of objects through haptic (touch) perception, it feels as if we are directly touching the external surface of a mind-independent objecting. Sitting on a couch it intuitively feels as if one is looking at an object which exists independent of ones visual perception (e.g. the couch continues to look green and have a soft texture even if one leaves the room). The problem of perception arises from the existenceShow MoreRelatedEssay about Refuting Objections to Direct Realism1152 Words   |  5 PagesObjections to Direct Realism Introduction Realism is the form of perception in which it is believed that there is an external world outside of our own minds. It is the belief that regardless of what we may belief is true of false, the external world is independent of these beliefs. There are two forms of realism which are direct and indirect. In this essay I will argue that direct realism is a more plausible theory of perception than indirect realism by refuting the main arguments against direct realismRead MoreModernism in the Old Man the Sea3759 Words   |  16 PagesLiterature â€Å"The Old Man and the Sea† Introduction: 1. The definition of Modernism 2. The definition of Realism 3. The definition of terms 4. The significance of the study Chapter one: 1. The theory of Modernism 2.1. Stream of consciousness 2.2. Internal monologue 2. Realism as a literary technique 3.3. Internal realism Chapter two: 1. the implication of American modernism through the main characters â€Å"Santiago† †¦ 2. The implicationRead MoreMetz Film Language a Semiotics of the Cinema PDF100902 Words   |  316 PagesA Note on Terminology The special terminology of European semiotics and structural linguistics may be unfamiliar to many American readers. It is impossible to give full definitions of all the terms that occur in this book without discussing the theories behind them at considerable length. It is hoped, simply, that the following explanations will give the reader a basic orientation. To accomplish this, references are provided to the key theoretical passages in the fundamental writings of linguisticsRead MoreThe Effects of Advertising on Children’s Materialistic Orientations7852 Words   |  32 Pagesadvertising exposure indeed affects their materialism, but also how it affects their materialism. Until now, only few scholars have focused on mediated effects in media effects research (Holbert Stephenson, 2003; Shrum, 2009). Based on materialism theory, though, advertising exposure is expected to influence materialism in two ways. On the one hand, advertising exposure might have an effect on materialism via children’s increased desire for heavily advertised products (i.e., advertised product desire)Read MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pages978-0-13-283487-2 Brief Contents Preface xxii 1 2 Introduction 1 What Is Organizational Behavior? 3 The Individual 2 3 4 5 6 7 8 Diversity in Organizations 39 Attitudes and Job Satisfaction 69 Emotions and Moods 97 Personality and Values 131 Perception and Individual Decision Making 165 Motivation Concepts 201 Motivation: From Concepts to Applications 239 3 The Group 9 10 11 12 13 14 15 Foundations of Group Behavior 271 Understanding Work Teams 307 Communication 335 Leadership 367 PowerRead MoreBackground Inditex, One of the Worlds Largest Fashion Distributors, Has Eight Major Sales Formats - Zara, Pull and Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home Y Kiddys Class- with 3.147 Stores in 70100262 Words   |  402 Pagesa corporate perspective this brings challenges that reach far beyond the traditional shareholder focus on financial returns and, as a direct consequence of this, an increasing number of companies are now finding themselves in a position where they are compelled to address environmental and social problems even though these problems arise beyond their scope of direct hierarchical control and influence. This thesis is about the intersection between Corporate Social Responsibility (CSR) and Supply ChainRead MoreStrategic Marketing Management337596 Words   |  1351 Pagesnecessarily is or is not ‘marketing’. They go on to s uggest that the AMA definition presents marketing as a functional process conducted by the organization’s marketing department, whereas the general thrust of the more recent literature on marketing theory is that marketing is increasingly being conceptualized as an organizational philosophy or ‘an approach to doing † 4 S T R AT E G I C M A R K E T I N G M A N A G E M E N T business’. This strategic as opposed to a functional approach toRead MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words   |  696 Pagesresponses from other parties. Answer: E Page Ref: 5 Objective: 2 Difficulty: Moderate 4) A social definition of marketing says ________. A) effective marketing requires companies to remove intermediaries to achieve a closer connection with direct consumers B) a company should focus exclusively on achieving high production efficiency, low costs, and mass distribution to facilitate the broadest possible access to the companys products C) marketing is the process by which individuals and groupsRead MoreOcd - Symptoms, Causes, Treatment131367 Words   |  526 Pages He received his PhD from the Institute of Psychiatry, University of London, England. Dr. Clark has published numerous articles on cognitive theory and therapy of depression and obsessive–compulsive disorders (OCD), and is a Founding Fellow of the Academy of Cognitive Therapy. He is coauthor, with Aaron T. Beck, of Scientific Foundations of Cognitive Theory and Therapy of Depression and coeditor, with Mark Reinecke, of Cognitive Therapy across the Lifespan: Evidence and Practice. Drs. Clark and BeckRead MoreOrganisational Theory230255 Words   |  922 Pages. Organization Theory Challenges and Perspectives John McAuley, Joanne Duberley and Phil Johnson . This book is, to my knowledge, the most comprehensive and reliable guide to organisational theory currently available. What is needed is a text that will give a good idea of the breadth and complexity of this important subject, and this is precisely what McAuley, Duberley and Johnson have provided. They have done some sterling service in bringing together the very diverse strands of work

Tibbat Bangladesh Free Essays

string(27) " with the contents of jar\." Introduction The art of advertising is a tough job. It is not very easy to impress the mind of the target audience and create a good perception of your product. Creating a good perception takes the job to whole new level where advertisers must make the audience learn about the product. We will write a custom essay sample on Tibbat Bangladesh or any similar topic only for you Order Now This instigates an even harder job, to pursue the audience to make the decision in your favor. The job is even harder when you have to pursue the audience about a product which has failed once in the past. Such is our mission in reestablishing one of our favorite food brands on the past, ‘Nocilla’. Grupo Nutrexpa’ is the mother company of ‘Nocilla’. The company is headquartered in Barcelona, and it was set up in the 1940s with a view to produce food which was â€Å"tasty and highly nutritious†. Nutrexpa offers five kinds of ‘Nocilla’ with different colors and taste which are ‘Nocilla Bokawa(cake)’; ‘Nocilla Postres (a liquid chocolate which is used on ice-cream,burgers etc)’; ‘Nocilla sticks (flour sticks chocolate)’; ‘Nocilla Vasos (red, green, light blue, glass jars)’; ‘Nocilla Tarrinas (two chocolate flavor)’. Basically ‘Nocilla Original’ was marketed in Bangladesh. At the beginning of the 1990’s it was available in our local market though a food importing company of Bangladesh called ‘Sajeeb Corporation’. For the sake of our project we are assuming that Nocilla is being re launched in Bangladesh and the hard task of advertising about this forgotten product has been handed to an advertising company managed by us. Advertising Objectives Sales Objective: It is obvious that Nocilla’s sales in Bangladesh have declined drastically over the last few years. So our main and prime objective as the advertising agency is to boost the sales of Nocilla. Since there are very little mearns of communicating Nocilla to the consumers, we can use advertising which is a dominant force in the marketing mix for Nocilla. Communication Objective: As we are repositioning Nocilla with the concept of both Taste and Nutrition, we need to communicate this information to the appropriate target consumers. Through our advertising, we have to make sure the kids get the sense of taste and the parent’s get the essence of Nutrition. Audience Analysis As per our analysis, our audiences are our target consumers for whom Nocilla would be reestablished. Kids are very fond of chocolate and would very cheerfully grab the oopportunity to change their traditional breakfast with something more chocolaty and tasty. Teenagers always look for different types of taste in their breakfast. They prefer a fast and easily makeable breakfast that would quickly set them free to get busy with their activities. Also they may prefer the taste whenever they would like to have quick snacks. Paren’ts always look to provide the necessary nutrition to their children. Nocilla provides hassle free and quick nutritious breakfast for them. This behavior is also applicable for people with a busy life style and always on the go. Segmentation To better attract our target audience our advertising agency has decided to break down our consumers into sub group of consumers that have ssimilar needs, desired product benefits and purchase behavior. We have decided to segment our consumers by dividing them into Demographic, Geographic and Psychographic segments. Demographic Segmentation: Our target consumers would be of the age between 6 to 25 years. They are mainly kids, teenagers and grownups of that specific age category who share a love for a chocolaty breakfast. We can also include the household of parent’s who likes a nutritious breakfast for their kids. Geographic Segmentation: As for the quality Nocilla is a premium product with a premium price. So our main target location will be the city areas like Dhaka, Chittagong, Sylhet and other major city centered regions. Psychographic Segmentation: Our segmentation also depends on the life style of the consumers who would like a ready and fast breakfast as they lead a very busy life. Nocilla only requires a little amount of time to be spread on bread and to prepare. Targeting We are targeting our consumers based on differentiated marketing. We are targeting kids, teenagers, and grownups. Again, our target segments include parent’s and other persons with busy life styles. Positioning We will position Nocilla as ‘A tasty and nutritious breakfast’. One of the prime causes for the fall of the Nocilla brand was its excessive focus on the taste of the product. As consumers became more concerned over nutrition Nocilla began to lose consumers and thus Nocilla began to lose its brand image in Bangladesh. That’s why we are also focusing on the Nutrition factor as equally as taste. Creative Strategy Art Direction: The artistic attributes of the ad-campaign will mainly focus on the positioning concept- ‘A tasty and nutritious breakfast’. In our campaign, all the advertisements will be directed in such a way so that they represent a creative mixture of both factors- Tasty Nutritious. Also all the ads will indirectly communicate the quick preparation factor. Production Values: For our advertisement campaign, production values plays a very important role in order to convince completely different type segments. Firstly, to attract the kids we have to use our audio and video options in such a way so that our advertisements provide a childish representation. Again to attract the parent’s and grown-ups, our visual representation should be in communicative style. Now, to maintain these objectives, we have developed our advertisements accompanied with a proper mixture of communicative style and childish appearance. To create an appropriate ad-campaign for the re establishment of the brand Nocilla we will need the following components of the copy platform: ) The sales of Nocilla have drastically declined due to the excessive attention drawn towards the taste criteria, instead of illustrating it as an ideal breakfast spread. b) Our primary objective would be to include the nutrition and quick prepare ability of a Nocilla breakfast along with the taste criteria. c) Unlike before Nocilla would be packaged in different sizes of glass jars and its coloring will differ with the contents of jar. You read "Tibbat Bangladesh" in category "Papers" There will be 4 varieties of Nocilla to be marketed in Bangladesh. Its packaging will also contain the nutrition chart which will be easily readable by the consumers. ) The profile of the target audience will be verified from our studies of the audience analysis and their behaviors. e) After a careful study of the Bangladesh Market we have come to see that there is quite a few numbers of competitors of Nocilla in the market. One of the prime competitors of Nocilla was found to be ‘Nutkao’. Originated from Italy, this product has offered to competitors’ different shapes and sizes of the product according to the family needs. The vvariety of the jars and the illustrations visualized emphasizes on it being a family food to be eaten during any time of the day. Another competitor ‘Cokokrem’ comes from Turkey. This product doesn’t have any vvariety in the market but did illustrate a great taste appeal of cocoa which is rare compared to the others. ‘Alpella Krem’,’Nutella’ ; ‘New Cream’ are also some of the competitors. The mother companies of these products are yet to be recognized. But the nutrition factors of these products do pose a threat to Nocilla. While we have seen Nocilla being priced at only Tk 120/70 based on available sizes, all the other competitors are priced above Tk 200. This suggests that Nocilla have done a good job in keeping the price at a check compared to its competitors. f) The key consumer benefits of Nocilla are- Its tasty, it’s nutritious, and it’s quick to prepare. g) Support for the consumer benefits: The organization is providing us 4 varieties of the Nocilla products which support our notion of it being tasty. Again we are providing a nutrition chart to support claim of Nocilla being nutritious. The traditional packaging of Nocilla with a plastic cap makes it very easy to use thus further supporting our claim. ) Our recommendation for the organization for the selling strategy will be to use a combination of pull and push strategies. They can provide the retailers with trade promotions to push demand of the product while our advertisement will hopefully create a demand among the retailer to store Nocilla on their shelves. i) As for selling style we will go for the soft selling style that mearns we will create an impression in consumer’s mind which will lead them in taking the decision of purchasing Nocilla. Through our ad campaign we will include various kinds of appeals which are- quality appeal, star appeal and definitely sensory appeal. Media Strategy Determining Geographic Scope: As we are reestablishing Nocilla and don’t want to waste our advertisers resources by transmitting our advertisements in areas where the products had limited or no demand. So we are concentrating our advertising efforts in cities like: Dhaka, Chittagong, and Sylhet. After a few months of operations, we will use BDI and CDI to evaluate our performance. Scheduling the message: As an advertising agency, we plan to determine the timing of our message when the people in the target audience are very much receptive to the medium we are intending to use. We have decided on the continuity of our message by adopting â€Å"pulsing†. As our target audience are more receptive towards our ads during the â€Å"early fringe† i. e. ; 4-7 p. m. and during â€Å"prime time† i. e. ; 8-11 p. m. The size, length and position of our ads will be determined as per the advertising objectives: creative strategy, budget, and reach ; frequency requirement. In case of TV, we picked Channel i and NTV for running our TV commercials. For NTV, we have selected a total of 22 spots for running our ads with duration of 30 seconds. In Channel i, 6 spots have been selected for running the same 30 seconds advertisement. For print media, we have decided to put on a total of 75 insertions, with a combination of full size, 40col-inch, 24col-inch ; 18col-inch ads. Selecting the media: After analyzing the media audiences, media environments and the competitor’s media usages, we have decided that our â€Å"Media Mix† will consist of print media ; electronic media (television). We will also be doing other out-of-home advertisements. Calculating the cost efficiency: The ‘media mix’ will be selected by calculating the Cost per Thousand (CPM) of that particular media according to the data available from the company. Print Strategy We plan to utilize the print media by advertising our product in the newspapers only. Magazines are not appropriate according to us for our food product. Thus by advertising in the daily newspapers in our limited budget would be the most cost effective strategy to reestablish Nocilla. We are basically advertising in ‘The Daily Star’ and ‘The Daily Prothom-Alo’. After initial advertisements in these two popular print media we will move on to other newspapers after analyzing the effectiveness of the advertisements. The detailed planned budgeting strategy for utilization is provided in the Appendix section. Headlines, Body copy and Slogan Headlines: We will introduce various types of Headlines to attract our consumers at separate time periods. First, we will use ‘news headlines’ which will describe the new arrival of Nocilla. Again to represent the product quality we will use ‘benefit headlines’. These headlines will be presented to our audience time to time. One example of our headlines is- â€Å"The new taste of breakfast†. Body Copy: A very important characteristic of the advertisements is they all will consist ‘picture and caption copy’. The main purpose of doing this is to visually attract our target segments. Sometimes there will be pictures of Nocilla jars providing product information. And some other times images of kids will be introduced accompanied with concrete messages. Slogan: As we are reestablishing Nocilla, we will introduce a new slogan- â€Å"Wake Up, Boost Up and Break Out†. This new slogan is necessary to create a new brand image. This slogan has been developed in such a way so that it is stylish enough to attract kids and teenagers; and it is encouraging enough for the parent’s and grown-ups. Television Advertising As for television advertising we will go only for cable channels- Channel I, NTV. This is mainly because our target market is not the mass market. Infact, we are targeting only the city centered consumers. So, they can be easily reached using the cable channels. Our advertising type will be both participation and spot announcement. This campaign will involve buying ad spots for some particular programs and also purchasing segments of commercial times from the TV. Our planning for Television advertising will include measuring the TV audience using ‘program rating’; selecting time periods that is early fringe and prime time; understanding TV ad rates using the formula of CPP; placing TV ads based on availability and using special TV services that is provided time to time by the TV channels. How to cite Tibbat Bangladesh, Papers

Scalability Problem of the Bitcoin Technology-Samples for Students

Question: Discuss about the scalability problem of the bitcoin technology. Answer: Introduction The Bitcoin payment act as a platform for virtual currency over the internet. The lightning network is a decentralized system for high-volume micropayments for removing the risk of delegating custody of funds to the third party. However, there are various problems with this technology including scalability problem. This report deals with identifying problems in the Bitcoin technology. The scalability problem of Bitcoin technology has been described in the report. This report outlines the solution to scalability problem of Bitcoin technology. Lightning Network has been described in the report as the solution of scalability problem prevailing in Bitcoin technology. Bitcoin Block chain Scalability Problem The Bitcoin acts as a payment platform for world currency transactions. However, each node of bitcoin network knows every single transaction globally that helps in encompassing network for global currency transaction (Seigneur, D'Hautefort Ballocchi, 2017). The payment using Visa is approx. 45,000 peak transaction per second on a network. However, bitcoin allows 7 transactions per second with a 1-megabyte block limit. On an average of 300 bytes per bitcoin transaction for unlimited block size, it is equal to peak Visa transaction volume of 45000/tps and nearly to 8 gigabytes per bitcoin block (Roos et al., 2017). For achieving higher than 45,000 transactions per second using Bitcoin, conduction transaction off the bitcoin is required. Different micropayments are sent parallel between two parties for enabling any size of payments. Bitcoin has to resolve the issue related to block size centralization affects containing large blocks implicitly and creating trusted custodians for higher fees (Croman et al., 2016). A network of micropayment channels can solve scalability Recently, bitcoin has dominated to micropayments for implementing offloading transaction to a custodian. The third party custodians hold coins and update user balance by allowing deposits and withdrawals (Poon Dryja, 2015). Currently, the bitcoin services are using custodian model for native bitcoin to scale to billions of users. Therefore, a system has been proposed for a transaction in Bitcoin in micropayment channels without custodial risk of theft (Eberhardt Tai, 2017). Micropayment channels create a relationship between two opted parties. A large network of channel all bitcoin users are included in the graph that has only one channel in bitcoin blockchain (Poon Dryja, 2015). This helps in creating near infinite amount of transaction inside the network. Hashedlocked Bidirectional Micropayment Channels Micropayment channels help in permitting deferral transaction rate or broadcasting of time. The contracts that are enforced by developing responsibility for a single party for the broadcasting transaction before a deadline (Lin Liao, 2017). When block chain is decentralized, time stamping system using of clocks as an element for decentralizing consensus detaining validity of data. Chaining together of micropayment channels help in creating transaction oaths. These paths can be routed by using a BGP like a system (Lind et al., 2017). Hashed Timelock Contract (HTLC) An HTLC can be opened by building a transaction output that can only the final recipient is able to redeem. The recipient generates random information R and hashes R using hash for producing H (Croman et al., 2016). However, information is provided to a receiver to a sender of funds including bitcoin address of the recipient. After receiving updated transaction in micropayment channel, a recipient may select for redeeming transaction by approaching random data R. A contract is created by using this output script: OP_DEPTH 3 OP_EQUAL OP_IF OP_HASH160 OP_EQUALVERIFY OP_0 2 2 OP_CHECKMULTISIG OP_ELSE OP_0 2 2 OP_CHECKMULTISIG OP_END The result is accomplished with hash and the first signature of the parties are provided excluding both parties second signature (Burchert, Decker Wattenhofer, 2017). After that, two sets of keys from among participants are used for enforcing ability for broadcasting under lock time transaction. The Settlement Transaction is used by a Settlement Delivery Transaction (SD) that helps recipient in event input R can be produced on contractual basis (Engelmann et al., 2017). Figure 1: Transaction channel and signatures (Source: Eyal et al., 2016) Closing out a channel When both parties send any payments to their counterparty and funds are available inside a channel. In many cases, not all outputs from the Funding Transaction are never broadcasted on the blockchain (Miller et al., 2017). This helps in receiving funds from both parties immediately (Poon, Team, 2017). Different channels remain in perpetuity until they help in deciding cooperatively closing out transaction by Revocation Delivery transaction. Conclusion It can be concluded that the use of the Bitcoin has limited problems in a transaction of a large amount of money all over the world. A digital currency that helps in resolving problems in a transaction and providing safe money transaction. However, some problems have raised with this method. The scalability problem has been prevailing in the Bitcoin technology. There have been many modifications n the algorithm of the bitcoin technology to resolve this scalability problem. The lightning network has somehow able to resolve this problem in the market. Recommendations It is recommended that use of lightning network have to be enhanced in mitigating scalability problem in Bitcoin. Tumble Bit: Tumble Bit works on the same protocol of Bitcoins without any change in it. Tumble Bit payment gateway helps in a transaction through a Tumbler. A bitcoin payment hub is a system for allowing users to make use of blockchain network in the same security module. The use of the Tumble Bit might help in securing security protocol of Bitcoin. It might help in closing off the gateway after one transaction that secures the transaction time (Eyal et al., 2016). The Tumble Bit is independent of timestamp protocol. Therefore, the time dependency is removed from bitcoin technology. It will replace on-blockchain payments by off-blockchain puzzle solving. However, Tumble Bit is an evolving project in the world. The Tumble Bit Project might help in ensuring the privacy of the lightning network by performing cross-chain trading. Trusted Execution Environments (TEE): These are unique forms of isolated and secure processing environments. However, TEE rely on Intels Software Guard Extensions (SGX) used to build guarantee secure remote computation. TEE will provide security by restricting reuse private keys of spent coins for a single transaction. Therefore, it might help in reusing of blockchain based cryptocurrencies. References Burchert, C., Decker, C., Wattenhofer, R. (2017, November). Scalable Funding of Bitcoin Micropayment Channel Networks. InInternational Symposium on Stabilization, Safety, and Security of Distributed Systems(pp. 361-377). Springer, Cham. Croman, K., Decker, C., Eyal, I., Gencer, A. E., Juels, A., Kosba, A., ... Song, D. (2016, February). On scaling decentralized blockchains. InInternational Conference on Financial Cryptography and Data Security(pp. 106-125). Springer Berlin Heidelberg. Croman, K., Decker, C., Eyal, I., Gencer, A. E., Juels, A., Kosba, A., ... Song, D. (2016, February). On scaling decentralized blockchains. InInternational Conference on Financial Cryptography and Data Security(pp. 106-125). Springer Berlin Heidelberg. Eberhardt, J., Tai, S. (2017, September). On or Off the Blockchain? Insights on Off-Chaining Computation and Data. InEuropean Conference on Service-Oriented and Cloud Computing(pp. 3-15). Springer, Cham. Engelmann, F., Glaser, F., Kopp, H., Kargl, F., Weinhardt, C. (2017). Towards an Economic Analysis of Routing in Payment Channel Networks.arXiv preprint arXiv:1711.02597. Eyal, I., Gencer, A. E., Sirer, E. G., Van Renesse, R. (2016, March). Bitcoin-NG: A Scalable Blockchain Protocol. InNSDI(pp. 45-59). Eyal, I., Gencer, A. E., Sirer, E. G., Van Renesse, R. (2016, March). Bitcoin-NG: A Scalable Blockchain Protocol. InNSDI(pp. 45-59). Lin, I. C., Liao, T. C. (2017). A Survey of Blockchain Security Issues and Challenges.IJ Network Security,19(5), 653-659. Lind, J., Eyal, I., Kelbert, F., Naor, O., Pietzuch, P., Sirer, E. G. (2017). Teechain: Scalable Blockchain Payments using Trusted Execution Environments.arXiv preprint arXiv:1707.05454. Miller, A., Bentov, I., Kumaresan, R., McCorry, P. (2017). Sprites: Payment Channels that Go Faster than Lightning.arXiv preprint arXiv:1702.05812. Poon, J., Dryja, T. (2015). The bitcoin lightning network. Poon, J., Dryja, T. (2015). The bitcoin lightning network: Scalable off-chain instant payments.Technical Report (draft). Poon, J., Team, O. (2017). Decentralized Exchange and Payments Platform. Roos, S., Moreno-Sanchez, P., Kate, A., Goldberg, I. (2017). Settling Payments Fast and Private: Efficient Decentralized Routing for Path-Based Transactions.arXiv preprint arXiv:1709.05748. Seigneur, J. M., D'Hautefort, H., Ballocchi, G. (2017). Use case of linking a managed basket of fiat currencies to crypto-tokens. InFirst Meeting of the ITU Focus Group on Digital Currency including Digital Fiat Currency.

Tennyson, Carlyle And The Tragic Hero Essays - Odyssey, Ulysses

Tennyson, Carlyle And The Tragic Hero The Tragic Hero: Tennyson's Reinvention of the Hero as Poet I AM! yet what I am none cares or knows, My friends forsake me like a memory lost; I am the self-consumer of my woes, They rise and vanish, an oblivious host, Like shades in love and death's oblivion lost; And yet I am! and live with shadows tos't Into the nothingness of scorn and noise, Into the living sea of waking dreams, Where there is neither sense of life nor joys, But the vast shipwreck of my life's esteems; And e'en the dearest--that I loved the best-- Are strange--nay, rather stranger than the rest. - John Clare1 There is no more enduring theme in the truly Western body of literature, religion, and philosophy than that of the hero. Western thought apotheosizes the hero and the act of heroism. This practice is rooted in the heroic ages, where, as in the Iliad, the heroes of both sides have unique access to the gods and goddesses. The hero is the man who transcends with dirt under his fingernails and the dust of battle in his throat. He transcends through the savage wilds of Nature. In the West, too, the hero is known not only for physical skill or bravery, but also for inculcation of mental qualities, for cultivation of a superior sense of insight, a Higher vision and comprehension. Thomas Carlyle revives and revisits the ancient concepts of the hero and the heroic. Heroes have evolved into two hypothetically universal forms: the Hero as Man of Letters2, and the Hero as Poet 3. The Man of Letters and the Poet are closely linked in form, but exist as separate heroes. The Man of Letters transcends his socially imposed and self-imposed limitations, and the binding force of personal needs and wants. This hero is simply the best of Nature and is not thought to transcend it. The Man of Letters is genuine, and will be found discharging a function for us which is ever honourable, ever the highest;4 . The Man of Letters's purpose is to know and to teach a Divine Idea of the World5 . The Hero as Man of Letters brings its era what it requires: non religious guidance to a public whose social facets wane in spirituality. Carlyle's hero is that of National Socialism, a person of ideals who lives in transcendence, who seeks to learn, to teach, to change, not simply to exist an d know. It far from being the province only of someone in the profession of war. Alternately, The Hero as Poet is recognized as divine or as having a connection with the divine, not entirely unlike the Hero as Man of Letters, who is shaped by Nature and is innately and unconsciously sincere, incapable of being anything but unaffected. The Hero as Poet exists on a higher plane of existence, a person who belongs to all ages6 , capable of discerning the truth of existence, a truth that exists in all ages, rather than transcends with the era. Here we see a distinct split in Carlyle's Hero as Man of Letters and Hero as Poet. The Hero as Poet is demi-divine, fundamentally linked with Nature's secrets, to the gods, to the spiritual and that truth which eternally exists. He is divinely inspired. The Hero as Man of Letters, the layman, explores new truths and changes with time, bringing new ideas to society, changing it, moving it forward. The Hero as Poet exists for all time, whereas there is a Man of Letters for each time. Carlye seeks to invent heroes relevant to his era, for Victorian society. The Victorian Era wanes in ecclesiastical belief and experiences a desire to move forward rather than reflect on the past. This society suffers the death of antiquated heroes and a connection with the spiritual/supernatural. Victorians were concerned with material progress, not spiritual. Carlyle cannot overstate his certainty that each age needs a hero, someone to inspire, to lead a society to change and growth. Heroes emerge in a time of crisis, when they are needed most, and according to Carlyle, the Hero as Poet is the best suited for this age. The Victorians are separating the secular

Free Essays on Problem Of The Trinity

Wainright, W. The Problem of the Trinity. The Trinity in the New Testament. Great Britain: William Clowes and Sons, 1962. Dr. W. Wainwright of Manchester has been writing books of this nature for a number of years. In fact he has even contributed to the â€Å"Scottish Journal of Theology†, Vol. 10, no. 3, September 1957. Belief in Christ’s divinity was expressed both in the writings of the New Testament and in the worship which was practiced in the earliest Christian communities. The belief in Christ’s divinity raised serious issues, and out of this emerged the Trinitarian problem. Even though the doctrine of the God Heads is not formally stated in the New Testament, the writings of the apostles suggest that they were dealing with such an issue as the trinity. No apostle would have dreamt of thinking that they are three divine persons whose mutual relations and paradoxical unity are beyond our understanding. However it is evident that the New Testament writers are aware that there is a problem between the relationships of Father, Son, and spirit; this fact is seen at the beginning of the fourth Gospel. Reading this chapter was very beneficial because the information presented is relevant to my research and will aid in the proper development of my paper. In particular, it provides information for the section in the research paper that deals with the Apostles and the Trinitarian doctrine. The source outlines the Apostles reactions to the trinity. It also provides information for another section of the paper that deals with the trinity as presented in the bible. I must say that even though the chapter provides vital information, it is not my main source. Throughout the chapter the author writes as though the ideas presented are recent. This was evident in his negative comments as it regards to Schleiermacher failure to include these ideas in his book â€Å"The Christian Faith†. Even though the book was writte... Free Essays on Problem Of The Trinity Free Essays on Problem Of The Trinity Wainright, W. The Problem of the Trinity. The Trinity in the New Testament. Great Britain: William Clowes and Sons, 1962. Dr. W. Wainwright of Manchester has been writing books of this nature for a number of years. In fact he has even contributed to the â€Å"Scottish Journal of Theology†, Vol. 10, no. 3, September 1957. Belief in Christ’s divinity was expressed both in the writings of the New Testament and in the worship which was practiced in the earliest Christian communities. The belief in Christ’s divinity raised serious issues, and out of this emerged the Trinitarian problem. Even though the doctrine of the God Heads is not formally stated in the New Testament, the writings of the apostles suggest that they were dealing with such an issue as the trinity. No apostle would have dreamt of thinking that they are three divine persons whose mutual relations and paradoxical unity are beyond our understanding. However it is evident that the New Testament writers are aware that there is a problem between the relationships of Father, Son, and spirit; this fact is seen at the beginning of the fourth Gospel. Reading this chapter was very beneficial because the information presented is relevant to my research and will aid in the proper development of my paper. In particular, it provides information for the section in the research paper that deals with the Apostles and the Trinitarian doctrine. The source outlines the Apostles reactions to the trinity. It also provides information for another section of the paper that deals with the trinity as presented in the bible. I must say that even though the chapter provides vital information, it is not my main source. Throughout the chapter the author writes as though the ideas presented are recent. This was evident in his negative comments as it regards to Schleiermacher failure to include these ideas in his book â€Å"The Christian Faith†. Even though the book was writte...

Strategic analysis Essay Example | Topics and Well Written Essays - 3000 words

Strategic analysis - Essay Example l in understanding how Tesco PLC is successful in gaining competitive advantage over its leading competitors in the marketplace such as Asda and Sainsbury’s. In order to determine the intensity of competition in the retail industry, the author of the report will implement the five competitive force frameworks along with segmentation strategies Tesco PLC has adopted pertaining to its target market. By identifying these strategies, the author will formulate certain recommendations for the management of Tesco PLC in order to capitalize on the opportunities available in the marketplace. To achieve the objective of this report, the author of the report has used different theoretical models in order to understand the business level strategies of Tesco PLC. With the help of these strategic models and theories, the author will reflect the findings of the research activity by communicating the competitive positioning approach implemented by Tesco PLC in order to come over the intense competition provided by its rivals in the retail industry of UK. On the other hand, the findings of this research report would also communicate to the rivals of Tesco PLC, how they can gain competitive advantage by adopting counter business strategies. The strategy analysis and the resulting recommendations are formulated keeping in view the long-term objectives of Tesco PLC and its rivals. Moreover, the focus of the recommendations will be laid on the changing business dynamics due to highly globalized business environment keeping in view the set of resources and competencies of the retail sector in UK. In order to increase readers’ understandability of the concepts presented in this report, the author will divide the strategic analysis into three parts. These are as follows: Jack Cohen founded Tesco in 1919 by establishing a market stall in East London. In this manner, it can be asserted that Tesco is engaged in retail business for nearly a century in UK. Since 1919, Tesco PLC has been

Examining the Use of online tools and their Impact on Learning in the Essay

Examining the Use of online tools and their Impact on Learning in the higher education - Essay Example 4). This leads to the improvement of educational quality. Colleges and universities are now adopting online tools in offering higher education through social sites, graphics, videos, audios, and words (Reuben 2009, p. 1). This paper examines the use of online tools that include blogs, wikis, RSS, and cloud computing and their impact on learning in the higher education. Cloud computing is a new technological evolution that is applicable in higher education. Various computer tasks rely on cloud computing, which depicts an improvement on the traditional learning practices. Through cloud computing, users can access data outside the traditional data center walls. We can define cloud computing as the aspect of replacing software traditionally installed on campus computers with new internet applications that seek to reduce IT complexities and cost in learning institutions that offer higher education (Nicholson 2009). Higher education institutions using cloud computing derive the capacity to gain significant flexibility and agility (Nicholson 2009). Indeed, the increased use of cloud computing in offering higher education emanates from the fact that this online tool guarantees higher accessibility, availability, and efficiency of higher education. However, in using cloud-based services, higher education institutions bear the liability of addressing security, legal, and compliance issues subject to the large number of users (Nicholson 2009). Indeed, higher education institutions define their responsibilities and focus on fundamental privacy and security issues in adopting cloud computing. Nevertheless, it is evident that the cloud-based services offered in the modern education system allow these institutions to replace the traditional learning tools with advanced learning tools that improve the quality of education. More so, cloud computing allows students

Different media texts analysis, relationship between media and Assignment

Different media texts analysis, relationship between media and communication and in terms of culture - Assignment Example Media will always want to maintain a good relationship with the society and therefore it tends to sell itself to the consumers by telling the society what they want to hear. Media is so dependent on the society because it cannot exist without it. Communication on the other hand is the flow and of ideas and information between individuals. Communication is only effective if the two or more communicating persons understand one another. It is only successful if the receiver is able to decode and understand received the message from sender (Carey, 1989). The communication process involves, first, the sender has to possess an element of feeling, idea, concept or information that he wants to pass to the sender. Next, involves encoding of the message. The message is sent to the intended receiver in words, symbols or appropriate language of the medium. Next, the decoding of the message takes place. This involves expression of the message in an intelligence language that the receiver understa nds. Lastly, the receiver gives feedback to the sender. This is an expression of the sender’s opinion. This can be in form of words, facial expression or feelings. Media textual analysis is the way in which the audience of given information make an intelligent, educated and a well understandable choice at the most likely interpretation about the information (Chin, 2011). It is a methodology used to carry out quantitative analysis of the content of some information in question. Texts from magazines, advertisements, television, clothes or films can be closely analyzed so as to obtain different ways in which different audiences interpret them according to different situational analysis. There are several factors that affect interpretation of media messages. First, cultural background has got a say on the interpretation an individual will give to a particular message. The cultural backgrounds could be religious, tribal or economic. For instance, journals from the west report that fatness is unhealthy. However, there is no general universal agreement that being fat is something worth not appreciating or appreciating. Some western medical and anesthetic arguments insist that having a larger body is neither attractive nor healthy. This is not the case in Africa (Chin, 2011). For example in Niger, being fat is the beauty of a woman. Therefore women get encouraged to take pills to gain appetite and steroids to become heavy. The media case above about the western journal is clear evidence that cultural disparity result to different aspects in which a media message gets interpreted. People from the western community who are influenced by scientific research would support the health journal report. On the other hand, the Niger community from Africa is greatly influenced by their African traditions (Berger, 2011). They believe that a woman is quantified by her body size. Their reaction to the journal would be dismissive. Differences in critical reasoning and thinkin g also display varying interpretation about media information. Logical reasoning is the basis of factual argument in the western countries inherited from Classical Greece (Silverstone, 1999). They will often subject facts to many options of possible understanding. Culture of the Jains in India poses several possible results of factual analysis. Is it a fact? May be it is, may be it is but it is not, and may be it is not. Let us consider a television advertisement of a sexual protective wear. Medium analysis has to take into account several

Visual Analysis Essay Example for Free

Visual Analysis Essay During the Hellenistic period Greek art experienced a transformation. Sculptors broke away from the previous representations of the human body and learned to use contrapposto, or counterpoise, to portray the people in a more natural way, revealing an individual’s character through the work. The Bronze Statuette of a Veiled and Masked Dance is a Hellenistic sculpture currently located at the Metropolitan Museum of Art in New York. It was made between the third and second century B. C. in Alexandria, Egypt, and displays the skill of an unknown sculptor who portrays a female citizen of his city. Artworks are always communicating something, and by using Dr. Terry Barrett’s method of analysis and interpretation one can deeply analyze and interpret this work of art for his or herself. The subject matter of this sculpture is a woman caught in a moment of dramatic dance. Even though she is completely covered her body movements are clearly visible. Her right hip is thrusting to the side, foot pointing outward, while her arms sway forward and she throws a backward glance. She is finely draped from head to toe in a long, heavy looking dress and large veil that she directs with her arms. There is also a thin mask covering her face and lace detail on her slipper. It is made from bronze and stands 8 1/16th in. tall (20. 57 cm). Although this work is small, it was created to be viewed in-the-round, so one can move their body through space, essentially dancing around the piece while their eyes curve around the dancer’s garments, led by the lines created through the folds of the fabric. Value is also established through depth in the bronze folds of the clothing. This is a realistic representation of a female entertainer that was popular in ancient Alexandria. One may establish an idea from this piece about the roles and lifestyle of women within the culture of these people. Women in this society were captivating and worthy of being subjects in works of beautiful art. There is a strong presence given by the boldly moving body surrounded by such detailed drapery. The use of contrapposto, one leg jutting out straight while the other is bent, a twisted torso and turned head, makes her movements seem lifelike. A viewer could feel engaged and intrigued by witnessing this woman’s dance, and the sculptor captured that sentiment in this moment exactly. It was most likely a decoration for someone’s home.

Free Essay: The Three Ages in Robert Frosts The Road Not Taken :: Road Not Taken essays

The Three Different Ages in The Road Not Taken  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   William George, in â€Å"Frost’s ‘The Road Not Taken,’† describes the way in which Frost depicts three different ages of the narrator of the poem.   These three different speakers all have to make a decision, and they face it in different ways.   The middle-aged self is the most objective speaker, and he mocks the younger and older selves as they â€Å"are given to emotion, self-deception, and self-congratulation† (230).   While the middle-aged self is able to maintain his objectivity, the younger and older selves are given to delusion and cannot maintain any objectivity. The first part of the article describes the relation between the middle-aged self and the younger self.   The younger self must make a decision about which path he will take.   While the middle-aged self â€Å"stresses the similarity of the two roads,† the younger self lies to himself because he is â€Å"too dismayed with or too ‘sorry’ about the nature of choice to notice that ‘passing there / Had worn [the two roads] really about the same, / And both that morning equally lay / In leaves no step had trodden black’† (230). The younger self pretends that one path, the path he is going to take, is different, that it is less traveled. The second part of the article describes the relation between the middle-aged self and the older self.   The older self must make a decision about whether or not he will tell the truth about his past. â€Å"In this ‘age’ of the persona, the choice will be either to tell the truth or to lie about the choice made ‘ages and ages’ before. . . . [But] the older self ignores what the middle-aged self had come to know about that first choice: that ‘both [roads] that morning equally lay.’ Only self-aggrandizing self-deception could cause the older self to ignore what the middle-aged self clearly knows† (231).

Its me,,,i want boyfriend

The project would start with a photography contest in the city that according to â€Å"Tex† will lend a human face to â€Å"hookers† or â€Å"whores†, who also have human rights and need government protection. Tex said â€Å"as long as poverty is there, you expect more people to engage in prostitution. † He said there are about 500,000 sex workers in the country, 3,000 of whom are in Baguio City, one of the country's top tourist draws. Nation ( Article MRec ), pagematch: 1, sectionmatch: 1 Among others, Filipino sex workers face health issues, made worse by fear of being enied access to health services., which has began â€Å"talking† to and organizing sex workers in Baguio, Tex said, has taken note of various anecdotes, illustrating the stigma that sex workers face as they have yet to secure recognition from the government. â€Å"In the most extreme (cases), we hear of sex workers complaining of rape to authorities, but rarely get serious results on the ground that they are not believed to have been raped because they are prostitutes. As if sex workers have no rights,† Tex said. In Baguio, more than 300 sex workers, mostly street ookers including males, are â€Å"talking† with WHORE.When finally given legal recognition, the advocacy group, a member of the Asia Pacific Sex Workers Union and the Sex Workers ASEAN (Association of Southeast Asian Nations) group, said sex workers â€Å"can become members of unions fghting for their rights and welfare. † In Thailand, sex workers are recognized by the government and are able to raise their concerns to the government. â€Å"But we are not going for decriminalizing sex workers while criminalizing clients like the Swedish model,† Tex said. â€Å"It didn't even work here. WHORE'S advocacy is facing daunting challenges, however. For one, the Catholic church here headed by Catholic Vicar Carlito Cenzon of the Baguio Vicariate is opposing the legalization of se x workers. â€Å"No way', Cenzon said. Even the supposedly liberal women's group Gabriela is against legalizing prostitution. â€Å"Legalizing [prostitution] is not an option, but instead [the government must] remove them (prostitutes) from poverty,† said Cordillera women Igorot leader Mila Singson, regional coordinator of the Gabriela Women's partylist.Although Singson said her roup has rescued a number of women who became sex slaves, she believes that â€Å"women involved in prostitution should be criminalized. † The UN report â€Å"Sex Work and the Law in Asia and the Pacific† said that â€Å"legal recognition of sex work as an occupation enables sex workers to claim benefits, to form or Join unions and to access work-related banking, insurance, transport and pension schemes. â€Å"In decriminalized context,† it says, â€Å"the sex industry can be subject to the same general laws regarding workplace health and safety and anti-discrimination protecti ons as other industries. 00 Decriminalization, according to the UN involves the repeal of laws criminalizing sex work, being clients to sex workers or engaging in activities associated with sex work. 00 It should also repeal laws that require mandatory testing or treatment for human immunodeficiency virus (HIV) or other ST's, as well as laws that allow detention of sex workers for rehabilitation or correction.

Financial Accounting Standards Boards’ Codification Essay

For my role as a staff accountant, I was assigned to research the appropriate accounting for revenue treatment of construction contracts for a client, LabCo. In specific, I was assigned to oversee LabCos’ contract involving a six-axis laser-cutting machine with Halibut Co. After researching and developing a theory based on the Financial Accounting Standards Boards’ Codification, I have concluded that LabCos’ treatment of revenue was reasonable; however, they should have changed revenue recognition principles sooner. In this situation, there are three possible ways they can handle changing their accounting method: Retrospective Application, Change in Accounting Estimate Method, or Change in Estimate Affected by Accounting Principle. The revenue treatment principle for a construction type principle states, â€Å"In accounting for contracts, the basic accounting policy decision is the choice between two generally accepted methods: the percentage-of-completion method including units of delivery and the completed-contract method. The determination of which of the two methods is preferable is based on a careful evaluation of circumstances because the two methods should not be acceptable alternatives for the same circumstances (ASC 605-35-25-1).† LabCo agreed to build a six-axis laser-cutting machine for Halibut. The contract entered into was a fixed price contract. A fixed price contract is, â€Å"An agreement to perform all acts under the contract for a stated price† (ASC 605-35-15-4). LabCo decided to use the percentage of completion method for recognizing income. â€Å"The percentage of completion method recognizes income as work on a contracts progress† (ASC 605-35-25-51). Income recognized shall be that percentage of estimated total income, either: â€Å"That incurred costs to date bear to estimated total costs after giving effect to estimates of costs to complete based on most recent information, or that may be indicated by such other measure of progress toward completion as may be appropriate having due regard to work performed (ASC 605-32-25-52).† It is appropriate to use the percentage of completion method when, â€Å"The ability to make reasonably dependable estimates, which, for purposes of this Subtopic, relates to estimates of the extent of progress toward completion, contract revenues, and contract costs (ASC 605-35-25-56.)† LabCo believed they could correctly estimate the cost to build a laser cutting machine because they had completed similar contracts in the past for Halibut. After the contract went into effect, LabCo experienced difficulties designing and manufacturing the laser cutting machine. They were forced to redo initial designs, outsource engineering costs, and the price of steel used to construct the cutting machine unexpectedly rose. LabCo had to re-estimate their costs to complete the project and concluded that the excess costs would exceed the total fixed fee contract price they negotiated with Halibut. To update their estimated costs, LabCo continued using the percentage of completion method. LabCo appropriately recorded a loss in the period in which they became aware. â€Å"When the current estimates of total contract revenue and contract cost indicate a loss, a provision for the entire loss on the contract shall be made. Provisions for losses shall be made in the period in which they become evident under either the percentage-of-completion method or the completed-contract method (ASC 605-35-25-46.)† LabCo experienced another setback which delayed their process six more months. When the cutting machine was finally complete, they delivered it to Halibut to have it tested. During the final test, the machine failed to meet the specifications of Halibut. LabCo was forced to redesign and fix the various problems with the machine. At this point, LabCos’ chief accounting officer decided to switch to the completed contract method, which says, â€Å"Under the completed-contract method, income is recognized only when a contract is completed or substantially completed. Accordingly, during the period of performance, billings and costs are accumulated on the balance sheet, but no profit or income is recorded before completion or substantial completion of the work (ASC 605-35-25-88).† â€Å"The completed contract method is preferable when lack of dependable estimates or inherent hazards cause forecasts to be doubtful (ASC 605-35-25-90)†, which was the case in the situation. The two methods, percentage of completion and completed contract, are not acceptable alternatives for the same situation (ASC 605-35-25-1). LabCo should have realized after running into unexpected costs the first time that they should have switched to the completed contract method. â€Å"An entity using the percentage-of-completion method as its basic accounting policy shall use the completed-contract method for a single contract or a group of contracts for which reasonably dependable estimates cannot be made or for which inherent hazards make estimates doubtful (ASC 605-35-25-61).† LabCo is able to handle this change in of accounting principle in one of the three methods; Retrospective Application, Change in Accounting Estimate, or Change in Accounting Estimate Affected by Accounting Principle. It is clear that the percentage of completion method was not the acceptable alternative because LabCo could not effectively estimate costs. The completed contract method is the preferable method because there was a lack of dependable estimates. LabCos’ decision to switch from percentage of completion to completed contract method is in accordance with FASB Codification because this transition can be handled by the Accounting Staff to apply a retrospective application to the previous year’s financial information. â€Å"The application of a different accounting principle to one or more previously issued financial statements, or to the statement of financial position at the beginning of the current period, as if that principle had always been used, or a change to financial statements of prior accounting periods to present the financial statements of a new reporting entity as if it had existed in those prior years. (ASC 250-10-20)† Since the retrospective application is applied to this situation to show the effect of the change to completed contract method; the estimated contract costs were no longer reliably determinable, therefore, disclosure for the reasons behind this change must be included within the year’s financial statements when the change actually is incurred. The situation can also be handled with a Change in Accounting Estimate approach. When LabCo incurred significant difficulties with the design and manufacturing of the laser machine, they decided to update their estimates used in the percentage of completion method to reflect both the cost overruns incurred as well as the cost overruns expected to be incurred. Handling it with this approach prohibits the retrospective treatment to the situation. It will affect only the period of change and future periods, if the change affects both, in which case it does. â€Å"The effect on income from continuing operations, net income (or other appropriate captions of changes in the applicable net assets or performance indicator), and any related per-share amounts of the current period shall be disclosed for a change in estimate that affects several future periods.† (ASC 250-10-50-4) The final approach that could have handled this situation is the Change in Estimate Affected by a Change in Accounting Principle. Due to LabCo dealing with continued problems with the Halibut contract, and prior estimates adjusted previously during the contract period, it forced the Chief Accountant of LabCo to allow the change in accounting principle from percentage of completion method to completed contract method. LabCo can make this change by it being impossible to determine whether a change in principle or a change in estimate has occurred. â€Å"If it is impracticable to determine the cumulative effect of applying a change in accounting principle to any prior period, the new accounting principle shall be applied as if the change was made prospectively as of the earliest date practicable.† (ASC 250-10-45-7) After much continued research and intellectual thought, we have concluded that the Retrospective Application is not sufficient in this matter because the estimates have been altered drastically; to retrospectively apply the changes this year would distort Net Income figures to the point where timeliness and consistency will no longer apply. The Change in Accounting Estimate would seem sufficient to apply to this situation, but it will not work because a change in estimate cannot be applied retrospectively. Therefore, I have concluded that the best way to handle this issue is the Change in Accounting Estimate affected by the Change in Accounting Principle approach. I have come to this conclusion based on the facts that due to a change in accounting principle and change in accounting estimate both being involved in this situation, and retrospective application not being applicable, the entire effect of the two changes should be applied in a prospective method. This free SWOT analysis shows strengths, weaknesses, opportunities and threats. We cover over 40,000 companies and industries. This SWOT analysis for Labco can provide a competitive advantage. Strengths|

The Consequences of Journey

The Consequences of Journey

Prevention strategies for celebratory riots Essay

Prevention strategies for celebratory riots - Essay Example This slack in law enforcement during the event led to the Nika riot, which is held as deadliest riots in world history, with over 30,000 killed. Riots have a tradition in human society that dates as far back as before Christ. The earliest recorded riot is the Roman Election of 121 B.C., then the Roman Election Riot of 113 B.C. After that, as previously mentioned, the Nika riots in Constantinople, during the Byzantine Empire, holds the mark as the most disastrous in all of history. This makes a very saying statement pertaining to the relationship between sports and human emotion. Celebratory riots are often referred to as spectator aggression, which, as defined by the NCAA, means behavior that intends to destroy property or injure another person, or is grounded in a total disregard for the well-being of self or others (NCAA Report, 2003, p.2). The Ohio State University Task Force on Preventing Celebratory Riots published the following list as a number of factors that can define a celebratory riot: In laymen's, a celebratory riot is a wide range or chain of events that include a large number of people acting in a way that threatens the personal safety of others and property. This is usually very chaotic, violent, dangerous behavior that results in many injuries, much damage and arrests. They also usually happen after planned events, more often than not after sports events (University of New Hampshire Student Summary, 2003). The goal of many University task forces is to formulate the best possible method of preventing these types of riots from happening. Before one can hope to prevent celebratory riots, they must first understand the science behind their madness. Riots are like forest fires, specifically the ones that start on their own. Each with its own catalyst, often the celebratory riots erupting at universities are the product of hormonal angst combined with alcoholic beverages. This combination can lead to a chain reaction, but it is not only induced by the conveniently social nature of sporting events, but by a cultural obsession with sports itself. This human obsession is best described by sociologist John Fiske who points out that sports bring out: peaks of intense experience when the body identifies with its external conditions, and thus shakes itself free from the repressive difference between their control and our sense of identity. This intensity is often experienced by fans as a sense of release, of loss of control. Fans often use metaphors of madness to describe it, and madness, as Foucault has shown us, is what lies just outside the boundary of civilization and control. (Fiske, 1991a: 11-20) Here Fiske connects the end result of celebratory rioting to the emotions felt while attending sporting events. With celebratory riots playing such a big part in human history, it says a lot about human nature. Thankfully, contemporary western society has learned from its ancient counterparts, and we don't correspond our sports, too heavily, with our religion or politics. Even still, many major sports colleges and universities are becoming notorious for their celebratory gatherings. In a survey conducted by Ohio State University's Task Force on Celebratory Riots during March of 2003, all of the following universities reported that they had experienced at

Reaction to Philosophy Essay Example | Topics and Well Written Essays - 1250 words

Reaction to Philosophy - Essay Example A rule is something which is instructed and just like any other rule, it has a tendency to be broken and rejected. This is contrary to a principle which is more inclined towards the norm or the belief of what should be done. According to Poland and Graham, â€Å"The mean between an excess of self-love and a deficiency of self-love is to count what is in our own true interest and is in the true interest of each and every person as equally important (263).† With the latter statement being a reference of what the golden rule implies, the principle is more of promoting lesser attention and love be given to the self and give more importance as to what would be the better implications that an action can give to the majority. Taking the principle on a more literal manner, one should also think of what will happen to others when a particular decision is made or when an action is done. Though others may say that the self does deserve to be pampered every once in a while, it is also imp ortant to take note of the majority who will be affected even with the slightest implication. When it comes to a point that a major decision is needed to be done, one should think of what will be the implications the decision will make for the majority rather than just for the self. The happiness of the self is also important yet how can one achieve the ultimate happiness when more people had been negatively affected or devastated by just one person’s seek for happiness. A statement of Poland and Graham worth pondering on is â€Å"Loving people as we love ourselves means taking them as we find them as opposed to how we might want them to be (264).† The latter describes as to how a parent would care for their children or how a husband will look after his wife. Unconditionally, one can give up everything just to ensure the security and well-being of their loved ones even if it means that their own happiness will either have to wait for another time or it may be modified for the moment. Yet the self would not be the main focus anymore since it would be the others or the majority who will benefit from the action or the decision. It can be hard to make or not easy to accept however when there will be more people thanking the self for what one has done, it will all be worth the dilemma and sacrifices. If there is a golden rule, there is a golden word to achieve the goal of the ultimate principle. This word is the adjective unconditional. One can accept another despite of the flaws or the baggage that is being carried. This is unconditional acceptance. A person can love his enemy and this is pertained to as unconditional love. There are so many actions that can be associated with the word unconditional. Life is too precious to be filled with anger, grief and sorrow. If a person can consider the self to be happy, can he share the happiness with other people who most of their lives have been experiencing grief? When a person is in love, is it necessary th at one is waiting for that emotion to be reciprocated? Can love be just given unconditionally without any expectation of getting anything in return? When a person has exhibited unconditional actions that resulted to happiness for the others, could one conclude that the person has achieved the ultimate happiness? Question #2 One person cannot exist with just the self alone. There will be times that one will need the assistance or the company of another person. This is more on the worldly manner. However, a