accounting review - 6920 Words

A company had a beginning balance in retained earnings of $44,500. It had net income of $7,500 and paid out cash dividends of $6,000 in the current period. The ending balance in retained earnings equals: $13,500. $6,000. $58,000. $46,000. $43,000. Shamrock Company had net income of $37,380. The weighted-average common shares outstanding were 8,900. The company sold 3,900 shares before the end of the year. There were no other stock transactions. The companys earnings per share is: $2.92. $9.58. $4.20. $7.48. $5.36. Shamrock Company had net income of $36,520. The weighted-average common shares outstanding were 8,800. The company declared a $3,500 dividend on its noncumulative, nonparticipating preferred stock. There†¦show more content†¦The total amount of paid-in capital in excess of par is: $100. $1,100. $2,000. $11,000. $13,000. A companys board of directors votes to declare a cash dividend of $1.10 per share. The company has 22,000 shares authorized, 17,000 issued, and 16,500 shares outstanding. The total amount of the cash dividend is: $18,150. $24,200. $23,200. $36,850. $18,700. $1.10 Ãâ€" 16,500 shares = $18,150 A corporation declared and issued a 15% stock dividend on November 1. The following information was available immediately prior to the dividend: Retained earnings $700,000 Shares issued and outstanding 55,000 Market value per share $20 Par value per share $5 The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is: $(41,250). $165,000. $(165,000). $0. $41,250. 55,000 shares Ãâ€" 0.15 = 8,250 shares Ãâ€" $20 = $165,000 A corporation had 40,000 shares of $20 par value common stock outstanding on July 1. Later that day the board of directors declared a 10% stock dividend when the market value of each share was $24. The entry to record this dividend is: Debit Retained Earnings $80,000; credit Common Stock Dividend Distributable $80,000. No entry is made until the stock is issued. Debit Retained Earnings $96,000; credit Common Stock Dividend Distributable $80,000; credit Paid-In Capital in Excess of Par Value, Common Stock $16,000. Debit RetainedShow MoreRelatedManagerial Accounting Review Ch 8 121760 Words   |  8 PagesAgenda – Submit term projects to TURNITIN ASAP – Assignment #2 due April 1st 1159pm †¢ List the coauthor’s name in the subject line. †¢ Teaching Evaluation †¢ Transfer pricing (cont.) – Stanco Inc. †¢ Review chapters 11 and 12 the practice final – Practice Q1 and Q2 †¢ Review chapters 8 and 9 and the practice final – Practice Q3 and Q4 ACTG 2020 Week 11 1 †¢ Online Course Evaluations (ONCE)/ Seymour Schulich Teaching Excellence Awards (Schulich TEA) – TEA: http://schulich.yorku.ca/tea. – ONCE:Read MoreComprehensive Review in Accounting19880 Words   |  80 Pageson a stock exchange is the primary responsibility of a. The stock exchange officials. b. The company s management. c. The independent auditor. d. The Securities and Exchange Commission. 7. The responsibility for adopting sound accounting policies, maintaining adequate internal control, and making fair representations in the financial statements rests a. With management b. With the independent auditor c. Equally with management and the auditor d. With the internalRead MoreLipton Case Review - Mba Managerial Accounting Essay examples2360 Words   |  10 Pagesentity. | IMPROVE | * Share results with product line managers * Are there any red flags associated with a product line? * Use information to minimize costs by properly utilizing FA across both divisions. | * Are there any red flags? * Review FA cost on a division and company level | Big Picture Goal: Assign Total Fixed Costs to each Division Added Benefit: Discover product line contribution to Fixed Asset Costs and cost minimization. Allocations can be used to assign CRV adjustmentRead MoreAccounting Information - Article Review1580 Words   |  7 PagesArticle Review Journal of Accountancy UMUC Accounting Information Systems 326 Professor T. Wood December 4, 2011 Cloud Computing: What Accountants Need to Know, (Journal of Accountancy, Oct 2010). This article answers the questions that Accountants and CPA should be asking themselves in regards to the new technology that is growing fast. Cloud technology is growing so fast that, cloud services revenues were expected to surpass $68 billion dollars in 2010, which was almost aRead MoreReview of Accounting Ethics Essay1045 Words   |  5 PagesReview of Accounting Ethics Establishing principles for ethical behavior frequently starts with a policy on ethics. Businesses acquire a policy on ethics to guide their measures and to set up a general meaning of correct versus incorrect. According to the American Library Association, code of ethics is a handbook for suitable behavior (2012). Given the corporate ethical breaches in recent times, assess whether or not you believe that the current business and regulatory environment is moreRead MoreCritical Review : Determination Of Accounting Standards1678 Words   |  7 PagesCritical Review Determination of Accounting Standards Ross L Watts Jerold L Zimmerman have put together this article on accounting standards and on the basis of moderately relative accounting theories and interpretations- tried exploring various factors that persuade business entities in lobbying on accounting standards. The size of the companies is also researched and concluded upon their approach towards certain accounting standards. The Data used in the article is derived from FASB’s discussionRead MoreAssignment 1 Review of Accounting Ethics1637 Words   |  7 Pagesï » ¿ Assignment 1 Review of Accounting Ethics Strayer University Financial Accounting ACC 557 May 1, 2013 Assignment 1 Review of Accounting Ethics Imagine trusting your hard-earned money like your retirement savings to a financial adviser or Certified Public Accountants (CPA) only to lose it all in a fraudulent Ponzi scheme. In today’s world of business many organizations, financial planners and accountants are in the news due to the financial ethical breaches that have affectedRead MoreCritical Review of Principles-Based Accounting Standards1324 Words   |  6 PagesIntroduction Schipper (2003) who is a member of FASB conducted a study on the rules-based and principles-based accounting standards. The aim of this article is to discuss the attributes and potential effects of transferring from rules-based standards to principles-based standards. To some extent this article is critical, but several limitations need to be discussed, such as implementation guidance. Summary Schipper (2003) demonstrated that there was a long-running debate on whether U.S. GAAPRead MoreRiordan Manufacturing Accounting And Finance Review Essay706 Words   |  3 PagesRiordan Manufacturing Accounting and Finance Review The Finance and Accounting departments within the three operating entities of Riordan Manufacturing are vastly different. Each is managed independently, not only of each other but of the corporation sector as well. The Georgia, Michigan and California branches operate different business systems for their ledgers, accounts, orders, procurement, sales history, invoicing, payroll and all financial reporting. The process to get this informationRead MoreStandards for Accounting and Review Services, and CPA: Quiz2439 Words   |  10 Pagesfirms or to consulting on accounting matters. See AR 100 for these and additional services to which the SSARS do not apply. 54. Statements on Standards for Accounting and Review Services establish standards and procedures for which of the following engagements? a) Assisting in adjusting the books of account for a partnership. b) Reviewing interim financial data required to be filed with the SEC. c) Processing financial data for clients of other accounting firms. d) Compiling an

Applying Swot Analysis for Effective Planning - 1858 Words

Applying SWOT Analysis for Effective Planning By Betty McQuilla Okocha December 24, 2012 Professor Lisa Bradill GM500 Introduction The objective or purpose of applying a SWOT diagram as a planning tool in business is to have a platform of doing business or having a through picture of a business plan. Applying SWOT diagram as a planning tool has helped me to work out the strengths, threats, benefits and strategy of achieving financial prosperity in business. (Draft, 2012/2010, p. 209) I have learned that using the SWOT method as a planning tool will help me in working out an effective way and strategy to solidify my business plan with proper research, and thinking through it before setting the ball rolling for execution. Understand†¦show more content†¦His experience and knowledge in business will help to put this business to the road of achieving financial prosperity in the future. Exporting used cars to Nigeria is a business venture I and my husband have been working hard to setup. We have put a lot of things into consideration before coming to a conclusion of choosing to set this business up in Nigeria. One of the reasons is based on the fact that Nigeria has a big market for American used cars in the whole of Africa. Next is the opportunities, market potentials and the economic gains are very high. We also intend to use the population of Nigeria and their love for quality American used cars to our advantage. My strategy which is the most important aspect of succeeding in this business is to get my local bank to finance this business. Also with the knowledge, experience and expertise my husband has in business, involving him to become parts and parcel of this business will help me to drive this business to the road of achieving financial prosperity in the near future. Analysis The internal strength to this business is getting to work with my husband as partners in progress. Working with him will be an added plus and also a chance to associate with the best in the field thereby, having an opportunity to open up more windows of business opportunities. Having access to the American used car industry is something that weShow MoreRelatedStrategic Planning Within Ge927 Words   |  4 Pagesstrategic planning process is the formulation of the company’s major objectives and execution plans. This process is of particular interest in GE. Strategy formulation is the process of choosing the best methods for a company where customer needs; competitive position and internal capability are the three factors that play the main role in strategic planning. Every manager needs to have at least a simple notion of strategic planning to formulate his strategic plans. Strategic Planning is a wide andRead MoreStrategic Planning Within General Electric Essay900 Words   |   4 Pagesstrategic planning process is the formulation of the company’s major objectives and execution plans. This process is of particular interest in GE. Strategy formulation is the process of choosing the best methods for a company where customer needs; competitive position and internal capability are the three factors that play the main role in strategic planning. Every manager needs to have at least a simple notion of strategic planning to formulate his strategic plans. Strategic Planning is a wide andRead MoreDss, Information And Technology Personnel Essay1206 Words   |  5 Pagesthat are affordable, easy to develop and maintain, and satisfy all the requirements that DSS has defined for them (Software engineering, n.d., para 1). Clearly, the software engineer will have to conduct an analysis of our requirements and current software capabilities to design the most effective system for our needs. Next, DSS will have to hire a web developer to present the best picture of DSS online and to further our business development. According to one source, a web developer is a programmerRead MoreEvaluation Of A Sdlc, System Development Life Cycle1329 Words   |  6 Pagesnext step. The first step is called Systems Planning and starts when the IT department does a systems request. This phase is responsible for doing a preliminary investigation to know the situation and evaluate the necessity of this new system. The principal part of this investigation is called feasibility study and it is responsible for showing anticipated reviews of the costs, benefits and course of action. The second step is called Systems Analysis and it purpose is to build a document with theRead MoreSwot Analysis : The Swot1215 Words   |  5 PagesThe SWOT analysis was originally introduced by Andrews Christiansen, Guth and Learned in 1969 and its basic organizing principles have remained largely unchanged in the field of strategic management. [BADEN-FULLER, C. H. A. R. L. E. S., STOPFORD, J. (2002). The Firm Matters More than the Industry. Strategy for Business: A Reader, 123.] It is a systematic framework which helps managers to develop their business strategies by appraising their in ternal and external determinants of their organization’sRead MoreStrategic Management, Compensations And Employment Concepts1610 Words   |  7 Pagesis crucial to being an effective owner and manager. Understanding creativity, innovation, motivation, the strengths and weaknesses of employees, roles of management, and the different styles of leadership are all important functions of management. Also, a manager must understand the organization itself. The roles and responsibilities of top, middle and front-line management, to become a franchise or not, and the effects all leaders have on the different levels of planning are just a few more ofRead MoreEnvironmental Analysis of an Adult Day Care967 Words   |  4 Pagesresidential home. ï ¿ ½ ENVIRONMENTAL ANALYSIS OF AN ADULT DAY CARE According to Bryson and Alston (1996), the best way to carry out this plan is to use the SWOT methods which translate to Strength, Weakness, Opportunities, and Threats. The provider must not only use this for the external environment but it is just as important to use this method for the internal environment of the organization or providers office. The SWOT method should be included during business planning because it allow for added valueRead MoreEnvironmental Analysis of Target Corporation1196 Words   |  5 PagesEnvironmental Analysis of Target Corporation Darylisha Jones STR/581 September 12, 2011 Tonicia Riley Environment Analysis of Target Corporation Target Corporation is one of the largest merchants in the world. Target is recorded to be the sixth largest retailer within the United States. Founded by, George Dayton in 1902 Minneapolis, Minnesota. Target stores have a variety of products which includes everything from clothing to automotive and electronics. It is a corporation thatRead MoreStrategic Management, Compensations And Employment Concepts Essay1660 Words   |  7 Pagesis crucial to being an effective owner and manager. Understanding creativity, innovation, motivation, the strengths and weaknesses of employees, roles of management, and the different styles of leadership are all important functions of management. Also, a manager must understand the organization itself. The roles and responsibilities of top, middle and front-line management, to become a franchise or not, and the effects all leaders have on the different levels of planning are just a few more ofRead MoreStrategic Management Tools1707 Words   |  7 P agesconsideration of five strategic management process tools: SWOT Analysis, Financial Ratio Analysis, Benchmarking, Core Competencies and Value Chain Analysis; and how these contribute to strategic management and strategic thinking in an organisation. A SWOT analysis is generally used in decisions about the direction a company is taking. It is a tool also used regularly to develop a strategic plan for an organisation. The major focus of SWOT analysis is to ‘recognise opportunities and avoid threats, while

Informal Proposal - 2161 Words

Methods in Management Wal-Mart, Sysco and Costco Written by: Alaia Fayad, Alexa Brooks and Olaf Sindabizera For: Linda Jay BUS 150 Table of Contents Decision Making 3 Strengths and Weaknesses 5 Cultural Organization 6 Environmental Factors 6 Adapting to Change 6 Organizational Training 7 Conclusion 7 Bibliography 9 Decision Making Decision making is an important process of any company’s growth strategy and each decision is made with careful calculation and analyzation of the company’s data. Although there is some variation to the way information is processed as it reaches the top of any company the decision making process is more or less similar between Costco, Wal-Mart and Sysco. If I was in the process of†¦show more content†¦Are goals being accomplished?) and lastly management control works on the improvement of substrategies that contribute to the master plan (principally quality control). Finally, feedback control deals with focusing on the outputs of the organization. This type of control is used when feedforward (predicting output and avoiding complications) and concurrent control (resolving problems as they occur) methods have failed. It is the most fail-safe way for a manager to gain reliable information on planning and performance. If the feedback control method is successful, the manager can use this information when formulation new plans to make them more effective. This is also a good way to boost employee motivation by creating new goals as a team. Although feedback control, clan control and scenario planning have all proven to be effective when implemented with Wal-Mart and Costco, Sysco has a different decision making approach. Instead of manually going through all the steps to gain the same information with all these various control methods, Sysco has recently purchased a scientific marketing technology platform that essentially does the work for them. Scientific marketing technology joins together human intuition with advanced quantitative methods to deliver a technology that predicts future outcomes and can facilitate resolving the most challenging problems in sales and marketing. Essentially, this platform matches each customer to their perfect product withShow MoreRelatedProposal For Implementation Of A Corporation With Informal Quality Management System Essay2933 Words   |  12 PagesProposal to implement QMS in the company. QUCC 24th October 2014 Student ID no 27010953 â€Æ' 1 EXECUTIVE SUMMARY Introduction The company is a growing cleaning company with informal quality management system. The company can get more benefits in the future if the formal QMS process is implemented in it. Legal requirements The company is a cleaning company which attract the various legislations in its daily operation. The implementation of formal QMS will help the company to run with proper harmonyRead MoreJessWesterly CaseAnalysis1102 Words   |  5 PagesOrganization Management (Winter-2015) Table of Contents 1. Case Abstract 3 2. How effective has Jess Westerly been in taking charge an assistant product owner at Kauflauf? 3 3. Why did her first attempt to change sales call pattern fail? 4 4. Does her proposal to change call patterns make sense? Why or why not? 4 5. What action should she takes to ensure that her next attempt to change call pattern to succeed? 5 1. Case Abstract Jess Westerly joins Kauflauf GmbH as an assistant Product Owner in the computer/officeRead MoreEssay about proj 5871717 Words   |  7 PagesYou are proposing a process, not individual projects. The deliverable for Part 1 is a written proposal for the project selection criteria and a high level description of a proposed portfolio management process. You may also be expected to make an informal presentation of the report in class. The proposal should be in the form of a memorandum to your Vice President (your instructor) outlining your proposal. The memorandum should be no more than 10 pages, including any figures and tables. It shouldRead MoreGetting On The Conference Program And Writing A Practical Article1090 Words   |  5 Pages2013) and â€Å"Recommendations for Writing Successful Grant Proposals: An Information Synthesis† (Wisdom, Riley, and Myer, 2015). In the article â€Å"Recommendations for Writing Successful Grant Proposals: An Information Synthesis,† Wisdom, Riley, and Myer (2015) â€Å"applied standard information synthesis procedures for sifting abstracts, scrutinizing full texts, and abstracting data† to provide ten recommendations for â€Å"promoting faculty grant proposal success in academic medical settings.† The method theyRead MoreFormal And Informal Relationships Within Organizations1070 Words   |  5 PagesFormal and informal relationships coexist within an organization’s social structure, leadership, and authority. While formal organizations reflect the rules and procedures of the organization, informal organizations (i.e. collectives) structure around groups and families without the explicit rules and procedures of the prior. Although different in structure and role, an organization’s official hierarchy and its informal social networks is intertwined. Organizations cannot functio n without its peopleRead MoreNta Case Analysis Essays1498 Words   |  6 Pagesthey became more self sufficient in their work. Before the involvement of Ralph in the NTA room the organization had a structure that was very formal due to which the workers in this department were unable to discuss and solve their problems. The informal structure set up by Ralph in his team made them more productive and responsive in every way. By improving in their department and by learning the processes of the other jobs, the workers have been able to organize themselves in such a way that theRead MoreIQRA UNIVERSITY RESEARCH CENTER (IURC) IQRA UNIVERSITY-IU RESEARCH PROPOSAL Thesis-1 Research700 Words   |  3 PagesRESEARCH PROPOSAL Thesis-1 Research Title: Controlling Grey Market Leakage to Improve Supply Chain Profitability Introduction (literature based): Informal sector of any economy comprises of all production of goods and service which contributes to official gross national product but not in books of government or officials. Shadow economy, black/grey economy, underground economy, parallel economy, ‘off the book’ and ‘under the table’ comes under a larger umbrella of informal sector. WithRead MoreEvaluating The New Process For Managing Priorities At Volkswagen Of America1851 Words   |  8 Pages2004 proposal list and included them on 2005 or 2006 lists. Phase-2: Formal project requests from business units. †¢ The proposals from each business unit categorized projects in terms of i)type of investment they represented and ii) the type of technological application involved Phase-3: Transforming business unit requests into enterprise goal portfolios †¢ Converting the emerging business-unit-focused project portfolio into an enterprise-focused portfolio. Some business unit project proposals wereRead MoreSan Isidro Elementary School Computerized Grading System (Sies-Cgs)3051 Words   |  13 Pagesgrade and â€Å"B† (short for â€Å"Beginning†) as the lowest. In the event that this format will be fully implemented in the target school, which in this proposal will be San Isidro Elementary School, the workload of the teachers will be increased because they will have to compute for the numeric equivalent of each letter grades. The proponents of this proposal wish to reduce their workload by eliminating the need for manual computation and recording of each grade. The common problems encountered in manualRead More3521 Unit 1 Essay example10967 Words   |  44 PagesCommunication in English Unit 1 Planning project proposals Unit 1 Planning project proposals Learning outcomes At the end of the unit, you will be able to: †¢ †¢ †¢ †¢ plan and organise project proposals explain the background, objectives and method of a project refer to the literature to justify a project proposal use appropriate language in project proposals Introduction Part of the work involved in a research project is the writing of the project proposal. The proposal is a brief account of the topic or area

Industrial Revolution Essay Paper Example For Students

Industrial Revolution Essay Paper Word Count: 969THE . The Industrial Revolution is the name given to the movement in which machines changed peoples way of life as well as their methods of manufacture. About the time of the American Revolution, English People began to use machines to make cloth and steam engines to run the machines. Sometime later they invented locomotives. Productivity began a steep climb. By 1850 most Englishmen were laboring in industrial towns and Great Britain had become the workshop of the world. From Britain the Industrial Revolution spread gradually throughout Europe and to the United States. The most important of the changes that the Industrial Revolution brought were:1. The invention of machines to do the work of hand tools. 2. The use of steam, and later of other kinds of power, in place of the muscles. 3. The adoption of the factory system. The Industrial Revolution came gradually. However, when measured against the centuries people had worked entirely by hand, it happened in a short span of time. Until the inventions of the flying shuttle in 1733 and the spinning jenny in 1764, the making of yarn and the weaving of cloth had been much the same for thousands of years. By 1800 a host of new and faster processes were in use in both manufacture and transportation. Several systems of making goods had grown up by the time of the Industrial Revolution. In country districts families produced most of the supplies that they used, while in the cities merchandise was made in shops, and manufacturing was strictly regulated by the guilds and by the government. The goods made in these shops were limited and costly. The merchants needed cheaper items, as well as larger quantities, for their growing trade. They had to establish another system of producing goods. The cottage or domestic industry filled in the gap for some time, because it gave the merchant a large supply of manufactured articles at a low price. It provided employment for every member of a craft workers family and gave jobs to skilled workers who had no capital to start businesses for themselves. A few merchants who had enough capital had gone a step further. They brought workers together under one roof and supplied machines. These establishments were factories. After centuries of the craft guilds and the government having controlled commerce and industry, began the belief that it was better to let business be regulated by the free play of supply and demand rather than by laws The English government started to leave business free to adopt the new inventions and the methods of production which were best suited to them. The new methods increased the amount of goods produced and decreased the cost. British merchants no longer found it a problem to obtain enough goods to supply their markets and, at times, the markets were flooded with more goods than could be sold. As conditions in industry changed, social and political conditions changed with them. Cities grew rapidly, and the percentage of farmers in the total population declined. A person had to have a lot of capital to buy machines and open a factory. The men who controlled these enterprises formed a powerful new class in England called industrial capitalists. Due to the laissez-faire, factory owners could arrange working conditions in whatever way they pleased. Grave difficulties arose for the workers. They had problems with working hours, wages, unemployment, accidents, employment of women and children, and housing conditions. The revolution began in England for various reasons. English merchants were leaders in developing a commerce. There also were new ideas in England which aided the movement, such as the growing interest in scientific investigation and invention. Another was the doctrine of laissez-faire, or letting business alone. It was especially popular after Adam Smiths demanded it in The Wealth of Nations (1776). .u18b7424bb3597f6a809644d3652824b7 , .u18b7424bb3597f6a809644d3652824b7 .postImageUrl , .u18b7424bb3597f6a809644d3652824b7 .centered-text-area { min-height: 80px; position: relative; } .u18b7424bb3597f6a809644d3652824b7 , .u18b7424bb3597f6a809644d3652824b7:hover , .u18b7424bb3597f6a809644d3652824b7:visited , .u18b7424bb3597f6a809644d3652824b7:active { border:0!important; } .u18b7424bb3597f6a809644d3652824b7 .clearfix:after { content: ""; display: table; clear: both; } .u18b7424bb3597f6a809644d3652824b7 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u18b7424bb3597f6a809644d3652824b7:active , .u18b7424bb3597f6a809644d3652824b7:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u18b7424bb3597f6a809644d3652824b7 .centered-text-area { width: 100%; position: relative ; } .u18b7424bb3597f6a809644d3652824b7 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u18b7424bb3597f6a809644d3652824b7 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u18b7424bb3597f6a809644d3652824b7 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u18b7424bb3597f6a809644d3652824b7:hover .ctaButton { background-color: #34495E!important; } .u18b7424bb3597f6a809644d3652824b7 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u18b7424bb3597f6a809644d3652824b7 .u18b7424bb3597f6a809644d3652824b7-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u18b7424bb3597f6a809644d3652824b7:after { content: ""; display: block; clear: both; } READ: My Trip to Disney World EssayThe Enlightenment and the Industrial Revolution. The Liberalism and the Capitalism are fed by Individualism. For instance, a free market requires openness in which people sell and people buy. The free trade is a Liberal idea, an idea of the eighteenth century. The work in the factories changes from collective, as it used to be in the farms and in the villages, into individual. Individualism is a major Icon

Japanese taste culture Essay Example

Japanese taste culture Essay It is well known that sushi is very popular Japanese food in the world. In the past, sushi is an exotic and expensive food served at luxurious hotels and high class restaurants in Hong Kong. It seems a kind of class reflection. However, sushi starts to localize the taste to fit local customers. It becomes more popular than the past. Many sushi bars and restaurants offer affordable prices as localization nowadays. So, it is interesting to take a deep look into the taste and localization aspects towards Japanese taste culture. This paper examines the growth of a sushi culture in Hong Kong from historical aspect. It discusses the history of sushi and the reasons for its popularity in Hong Kong. Also, it examines the making of the sushi culture and industry and looks into different aspects of taste and localization. By identifying the characteristics of the sushi culture in Hong Kong and locating sushi in the context of globalization of Japanese popular culture. It aims to deepen our understanding of the mechanism of taste and Japanese popular culture. In Hong Kong, many people start to run sushi restaurants with inexpensive price. They also localized the taste and prices. Hong Kong is advanced in terms of localization of Japanese sushi such as the kaiten sushi (revolving sushi on a conveyor belt) restaurants and take-away sushi outlets. Hong Kong is leading this sushi boom and sushi is making its way in peoples daily diet. It is a kind of Japanese popular culture and consumer culture. LITERATURE REVIEW METHODOLOGY HISTORY OF SUSHI source Sushi is a typical Japanese food with over a thousand years of history and tradition. We will write a custom essay sample on Japanese taste culture specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Japanese taste culture specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Japanese taste culture specifically for you FOR ONLY $16.38 $13.9/page Hire Writer It has become the most visible example of Japanese cuisine in other countries. Sushi is the combination of raw fish and seasoned rice. It seems so exotic to foreigners, is a supremely logical food in Japan. Sushi is the combination of raw fish and seasoned rice that seems so exotic to foreigners. It is a supremely logical food in Japan. Sushi began one century ago in Japan as a method of preserving source fish. It is told that the origins of sushi came form countries of Southeastern Asia. Cleaned, raw fish were pressed between layers of salt and weighted with a stone. After a few weeks, the stone was removed and replaced with a light cover, and a few months after that, the fermented fish and rice were considered ready to eat. Some restaurants in Tokyo still serve this original style of sushi, called narezushi made with freshwater carp. Its flavor is so strong that it obscures the fishs identity altogether, and narezushi is something of an acquired taste. Sushi is perhaps Japans best-known contribution to world cuisine. Although sushi seems like a simple food, sushi preparation is actually a highly developed discipline. The choicest, tender morsels of fresh raw fish are artfully arranged on individual fingers of vinegary rice by a skilled chef, and then placed on a gleaming cypress counter in front of the eagerly waiting customer a few seconds later. Absolute freshness of the fish is the all-important factor for good sushi. How about the original prestige of sushi in Japan? Nowadays, the number of Japanese restaurants grew dramatically. The number of Japanese restaurants is more than a hundred source in Hong Kong. Most of them are located in business and shopping districts such as Mongkok, TsimShaShui. Sushi seems a must in the menu of all Japanese restaurants. Hong Kong people become the main consumers of sushi. The sushi business is booming and has continued to expand in the market. The expansion of the Japanese community and the impressive economic growth in Hong Kong has helped increase the popularity of Japanese cuisine. Also, many Japanese expatriates are culturally exclusive and want to maintain the Japanese way of life in Hong Kong. So, Japanese cultural such as restaurants, supermarkets and shops have increased. transition Hong Kong is one of the fastest growing and most vibrant economies in Asia. People have more money to spend on good foods and dining out has become very common. It also calls food paradise where residents and tourists can taste different types of foreign foods. Hong Kong is a multi- racial place so that we can enjoy various cuisines such as Malay, Indian, Thai, Japanese, Korean, Chinese, Indonesian and Peranakan. As a result, Hong Kong becomes an attractive place for investment in the food business for the above reasons. Hence, Hong Kong people have interested in running Japanese restaurants. Nowadays, sushi has become quite popular among young people who have strong consuming power and high adaptability. WHY SUSHI IS SO POPULAR IN HONG KONG? Localization is an important reason in the sushi culture. Sushi has been transformed from an exclusive and exotic Japanese food into an affordable and localized Japanese food. In addition, the flavor and content of sushi have been altered to accommodate the local taste in Hong Kong. Exotic appeal is another factor of success. Sushi has been localized enough to suit the local taste, but not too much to undermine its exotic appeal. But sushi is still Japanese. Young people think it is fashionable to eat sushi. Eating sushi seems more fashionable and not traditional for them. Sushi is more than a food or a commercial product, it also has cultural and national meanings. Eating sushi itself can be a cultural encounter. People are impressed by many things they experience in a sushi restaurant, including the display of plastic sushi in the window, the use of beautiful Japanese utensils, the Japanese greetings and hospitality, the conveyer belt and the colors and the taste of sushi. As a result, eating sushi is not only can make Hong Kong people feel Japanese, but also international. The status of Hong Kong is an international city with a multi-racial and multi-cultural society. Sushi can be seen as a form of Japanese popular culture. The boom of Japanese popular culture in Hong Kong boosted the consumption of sushi. Nowadays, sushi is a must in high tea, buffet and reception parties in hotels and luxurious restaurants. Sushi is not only a food and a business, but also a tradition. Some people see globalization as generating increasing homogeneity, while others see it producing diversity and heterogeneity through increased hybridization. Globalization and define its causes and effects especially in relation to environmental and cultural development. Globalization as a highly complex, contradictory, and thus ambiguous set of institutions and social relations, as well as involving flows of goods, services, ideas, technologies, cultural forms, and people (Appadurai 1996). Globalization means different things to different people. Some say it is the movement of people, language, ideas, and products around the world. Others see it as the dominance of multinational corporations and the destruction of cultural identities.

Anyone Can Be a Poet with These Four Simple Steps

Anyone Can Be a Poet with These Four Simple Steps Poetry is elusive and standoffish, somewhat like your high school crush was when they didnt know you existed. Thats why most how to guides or blog pieces seem to miss the mark, giving you suggestions but not quite practical steps in the process of writing poems. Its just hard to do.Dan Chiasson, a poet and contributor to the New Yorker who covers up-and-coming new poets, puts it this way: The writing of poetry is notoriously mystified, almost occult in its resistance to rules or step-by-step methods. If youre a poet, the precision, discipline, and tact of painters or photographers seem enviable indeed. The entire process, by being externalized, seems repeatable, unlike the chance encounters of poets with their muses.Despite a seemingly impossible challenge of breaking down the process of writing poetry into simple steps- steps anyone can take- its possible to do. In fact, Ill go ahead and write the inflammatory words that will make many published poets annoyed: Everyone can be a poet . Yes, that means even you. The same breathtaking results that happened from great poets throughout history following this process can happen to you.Step 1: Pick an experienceUnless you are an established poet with years of experience writing, the first step to writing a poem should be to pick an important experience. The experience should be something that was significant in your life- a great loss, a moment with someone you love(d), an awe-inspiring natural event. These are the types of experiences that will help you write great poetry.Poet and performing artist Leonard Cohen once wrote, Poetry is just the evidence of life. If your life is burning well, poetry is just the ash. This is his (very poetic) way of saying that life experiences are what make poetry what it is, and that any great poet must first have great life experiences before the poetry itself can be written.This is the reason that the experience you pick should be an amazing one. Do you have one in mind? Good†¦n ow on to step two.Step 2: Brainstorm your sensory memory surrounding the experienceTo complete step two, youll need a piece of scratch paper. On that paper, go ahead and write down five categories of senses: Sight, smell, taste, touch, sound. Then close your eyes and take a minute to recall the experience in your mind. Keep your eyes closed for as long as it takes to put yourself back in the moment and remember details. What were you wearing? Was there music playing? Were you inside or outside? What sensations do you remember feeling on your skin? What colors do you remember from the environment?When these details come to mind, start writing them down with as many descriptive adjectives as you can remember. Your list might look something like this:Sight: copper penny, red dress, penny whirling in circles, blue sugarSmell: cotton candy, grease from funnel cake stand, sweatTaste: sugary sweet cotton candy, bitterness of copper penny against lips, taste of blue sugar on his lipsTouch: cool penny against lips, his arms around my shouldersSound: people screaming on nearby rides, thunder of metal wheels rolling on tracksIts important that you dont rush through this step and maybe even return to it often during the writing process if you get stuck at later steps. Its also important to include as many details as you can. The above list is just an example and not complete. For those of you more accustomed to academic writing, consider this brainstorming session to be a kind of unstructured outline for your poem. The more details you include in the outline, the easier it will be to write the first draft.Step 3: Start finding metaphors (and/or similes)Remember back in elementary school when you were introduced to the concept of poetry? Metaphors and similes were introduced around the same time because if there is one literary device that is the absolute, unchanging foundation of poetry- it is metaphor.As a quick review, a metaphor is a figure of speech in which a word or phrase literally denoting one kind of object or idea is used in place of another to suggest a likeness or analogy between them (as in drowning in money).Similarly, a simile is a figure of speech comparing two unlike things that is often introduced by like or as (as in cheeks like roses).So now lets go back to the list you made in step two. Look at some of the clauses you wrote down and start to brainstorm metaphors for them. For example, in my list, I wrote, His arms around my shoulders. To turn this into a metaphor, I might write, His arms around my shoulders are a pythons squeeze. To turn it into a simile, I might write, His arms around my shoulders are like a snakes coil.See how thats done? Now- you try it. Go through your list of sensory memories and change as many as you can into a metaphor or simile. When you are finished with this exercise, move on to step four.Step 4: Find musicality in the metaphorsWhile the heading might make this step seem complicated, it really isnt, so lets break it down. Musicality in this context means the quality or state of being musical : melodiousness.How is language musical you might ask? There are several ways language can have musicality, which in the jargon of the literati, just means it is pleasing to the ear. Rhyme is one way. Assonance and alliteration are others. Science has long studied the effects of repeating patterns on the brain and why the brain is programmed to enjoy it, but what it boils down to this: Find patterns in the sound of your words.Do some of your descriptive clauses repeat a consonant at the beginning of the word? Thats alliteration. Do you see repeating vowels in the words you wrote down? Thats assonance. Is there a rhyme somewhere in what you wrote or can you make a rhyme as you put the words together in stanzas (paragraphs of poems)?Speaking of rhyme- one of the most widely misunderstood traits of poetry is that there must be rhyme. This is simply untrue. In fact, a lot of modern published poet s dont use rhyme at all, but rather choose other ways of bringing musicality into the language (such as alliteration, meter, cadence, etc.).You also dont have to use end rhyme (rhyming at the end of the lines) to use rhyme in poetry. There are other types of rhyme, such as internal rhyme and eye rhyme- all of which are explained in this Poetry Foundation glossary on rhyme.The resultLets look at the results of this process. Jenny Xie is an up-and-coming poet who was just awarded the 2017 Walt Whitman Award of the Academy of American Poets for her first collection, Eye Level. As you read through the poem Naturalization, notice where she uses musicality through alliteration (e.g., snacks for snakes), and the senses (what she sees, hears, etc.).NaturalizationBy Jenny XieHis tongue shorn, father confusessnacks for snakes, kitchen for chicken.It is 1992. Weekends, we paw at cheapsilverware at yard sales. I am told by motherto keep our telephone number close,my beaded coin purse closer. I do this.The years are slow to pass, heavy-footed.Because the visits are frequent, we memorizeshames numbing stench. I nurse nosebleeds,run up and down stairways, chew the wind.Such were the times. All of us nearsighted.Grandmother prays for fortuneto keep us around and on a short leash.The new country is ill-fitting, linedwith cheap polyester, soiled at the sleeves.

Drug Violence in Mexico Research Paper Example | Topics and Well Written Essays - 2000 words

Drug Violence in Mexico - Research Paper Example Mexican drug trafficking is not a new item in the history of the country; the country has since Prohibition years of 1917-1933 been exporting illegal substances to the United States, and even before that, in Civil War years, was seen as one of the major suppliers of opiates, including morphine and heroin used to treat soldiers (Gonzalez). Though drugs have been commonly used in Mexico during this time, even though they were exported to the United States, they were still only being used for medical purposes, therefore the government saw no need to regulate or otherwise deter their uses. If there were addicts, they were seen as â€Å"ill persons†, not criminals, and the government was more concerned about protecting the public from low-quality drugs in its desire to make laws against drug use than they were in sending people to jail for it (Gonzalez). Another reason that the Mexican drug trafficking grew and prospered, coming under the control of what is known today as the drug cartels, is that for a long time the attentions of anti-drug campaigns were focused elsewhere, specifically Columbia. With all of the United States attention focused on bringing down the Columbian cartels, it is only natural that Mexico would be able to â€Å"fly under the radar† of the anti-drug missions and grow unchecked to the size that it is today. However, once the Columbian cartels had been dealt with by the American government, the Mexican cartels took what they had learned, and made their own drug pipeline (â€Å"Losing Ground Against Drugs: The Erosion of America’s Borders† 1997). Now Mexico is considered a major drug producer, as well as a major supplier, both in United States and the world. It is the main foreign supplier of methamphetamine and to the United States, and although Mexico accounts for only a small share of worldwide heroin production, it supplies a large share of heroin consumed in the United States, with an estimated 90% of cocaine ent ering the United States through Mexico (Cook 1). Violence in the border region has begun to spill over and affect Americans, with more than 60 Americans kidnapped in Nuevo Laredo, Mexico as of 2008 (Cook 1). Clearly, this is not the relationship that the United States envisioned with Mexico, though Mexico publicly does not support the actions of the drug cartels, as kidnappings and murders are generally seen as bad on both sides of the border. Today in Mexico, seven known drug cartels operate throughout the country: the Arellano Felix Organization, Beltran Leyva Organization, Los Zetas Cartel, Sinaloa Cartel, Carillo Fuentes Organization, Gulf Cartel/New Federation, and La Familia Michoacana, each with its own fluid area and territory of influence (Cook 3). However, that does not mean that each cartel is content with what they have accomplished, and since there are no fences marked with â€Å"this cartel’s territory here† or â€Å"keep out†, the borders are ofte n fought over. Infighting is common, and an almost immediate result of the rise in the Mexican drug cartels was a spike in violence, not just across the US-Mexican border where the cartels fought the authorities, but within Mexico itself, where the cartels wage turf wars against one another (Cook 13). Drugs are a very dangerous trade in Mexico. One of the biggest reasons for