Argumentative Essays

Argumentative Essays Argumentative Essay Argumentative Essay p. 275. 3. Lafferty, M, (1979) ‘Why it is time for another leap forward’, accountancy, p. 51. 4. Skinner, D. J. (1994), ‘Why firms voluntarily disclose bad news’, journal of accounting research, 32(1), p. 40. 5. 0 References 1. Brown, P, amp; Tarca, A 2001, ‘Politics, Processes and the future of accounting standards’, Abacus, Vol. 37, no. 3, pp. 267-96. 2. Lafferty, M, 1979 ‘Why it is time for another leap forward’, accountancy, p. 51. 3. Skinner, D. J. 1994, ‘Why firms voluntarily disclose bad news’, journal of accounting research, Vol. 32, no. 1, pp. 38-60.

Economics of Volatile Corn Prices Essay Example | Topics and Well Written Essays - 750 words

Economics of Volatile Corn Prices - Essay Example The primary reason behind rise in the prices of corn was due to its global demand against its restricted supply. The excess demand could not be met with the restricted supply, which resulted in the rise in prices of corn all over the world. Mexico is the second largest importer of corn in the world. The rise in the corn prices all over the world has affected Mexico to a great extent. Decline in demand of corn due to rise in its price can be depicted by using the following graph:- (Source: Fep, 2004) In this graph it is shown that when the price of corn in Mexico was $3 per bushel, its demand was 2 billion bushels per year and the supply was 1.1 billion bushels per year. Thus there was an excess in demand which could not be met by the supply. As a result of the price rise to $5 per bushel, the demand decreased to 1.1 billion bushels per year and consequently excess supply is generated. The market should move towards equilibrium at a price of $4 per bushel where the demand equalises th e supply. Another reason for the rise in corn prices in Mexico was the production of corn based ethanol in the United States and the European Union. The producers of corn had to suffer due to this price rise. Another reason for the high corn prices was the draught in the United States. ... Thus the country has to find ways to deal with the uncertainties of the volatile markets. The country needs to focus on the market conditions properly. The main problem that the consumers in Mexico will face is when they will visit the grocery stores. Corn and food ingredients made from corn are used in ? of the total grocery products. Thus higher prices will be found throughout the grocery stores. The livestock feed rations contain a considerable amount of corns, a extended impact would be observed on poultry and meat prices due to higher feed costs than in any other food products. Volatility in corn prices brings in unpredictability in the market and may create risk of fundamental food security for consumers as well as governments. Financial risk generated due to the volatility of corn prices dampens investment in agricultural sector which in turn creates uncertainty among traders and producers. Thus the Mexican government must take steps to bring an alternate solution to the exist ing problem. There are several programs involving the cash transfer conducted by the Mexican Government in order to help the poor people there. The procedure of agriculture by means of contracts was another procedure advised by the Mexican Government (The World Bank Group, 2013). When there is an agreement made to buy a particular quantity of corn within a fixed period of time, neither the buyer nor the seller is sure that who is going to be benefitted by the agreement. This procedure supports the producers when there is a fall in the price. The price difference is subsidized between the time of signing the contract and the time of its fulfilment. However, corn prices have plunged from their previous position in June 2011. Ethanol is considered to be a viable source of

Discuss the Impact of the Recession on Consumer Behavior and on Essay

Discuss the Impact of the Recession on Consumer Behavior and on Marketers - Essay Example At the same time, marketers are resorting to new promotional campaigns in order to remain competitive and gain consumer attention in the face of this current economic downturn. Food and technology Statistics indicate that six in 10 consumers have reduced the volume of frequency as it pertains to eating-out in restaurant environments (Bainbridge 2010). As a result, especially noticeable in the pizza restaurant industry, marketers have changed their promotional activities to include vouchers with significant pricing discounts (Bainbridge). Where once major companies in this industry, such as Pizza Hut, used psychographic segmentation and targeting to gain attention and loyalty, they are finding it more difficult to compete especially when their products carry high price tags over competition. Companies like Pizza Hut once had well-established consumer segments that were devoted to the brand and were able to use rather low-cost marketing and higher price methodology to ensure positionin g in terms of quality. Today, however, the recession has created price wars that continue to erode profitability especially with more consumers eating within the home and avoiding the high costs of restaurant eating. This is also noticeable in the fast food industry with new promotions being added to traditional menus, such as McDonald’s with its dollar menu variety. However, this marketing effort is not bring the type of profit results marketers had once experienced early in the recession. Today, new freebie offers and Internet-based incentives coupons are becoming the norm for many consumer segments (Glazer 2009). This shows a shift in consumer behaviour toward active searching in the consumer search process to identify coupons before they will frequent even their favourite restaurants. There is clearly a value-driven methodology in consumer groups that change their buying behaviours and choices. This is even apparent in how grocery stores market their food products, with t he new value-based consumer searching for low-cost products. Statistics indicate that 53 percent of today’s recession-minded consumers are buying fewer organic products and 50 percent are even turning toward generic or private label brands (Frozen Food Age 2008). Organic products and well-known product brands used to be the driver for significant profitability in the grocery industry, however the recession is changing the supply chain to identify new value for consumers in order to sustain their business. Morrisons, one of the largest grocers in the UK, has control over much of its supply chain and is therefore able to ride out the recession successfully by using new promotional tactics. The store is able to provide fresh food options at a much cheaper price than competition and uses this fresh quality positioning to sustain higher profitability than other markets without control over their purchasing system (Mortimer 2009). However, it shows that the consumer propensity to c hange from their loyal and trusted brands to generic and private label brands and how it has affected total marketing and purchasing/distribution strategies. The grocery industry has identified that 44 percent of shoppers now consider private label products to be on par or even better than long-standing trusted brands (just-style.com 2009). This is a danger to

Kerala Essay Example for Free

Kerala Essay Kerala, the ‘God’s Own Country’, lies in the extreme Southern part of India. It has an area of 38863 sq. km and a population of 3. 18 crores. Kochi, or more familiarly, Cochin is a city of many parts. Around for a long, long time, Kochi played a pivotal role in the development of shipping and trade in the region. Kochis prime location on the west coast, its fine bay and protected harbor made it popular with seafarers and merchant ships who made frequent stops to stock up on spices, coffee and wood enroute to the rich markets of Europe and West Asia. And so down the ages, Kochi prospered as a busy port city and commercial centre. Its seafront is still extremely relevant to Cochin and to India: it houses a Naval Base and one of India’s busiest ports. It’s twin city, Ernakulam, is an important railhead and industrial centre. Kerala – God’s own Country tagline has been used because of its location, landscaping and its surroundings. It is the amalgamation of lush and tropical Malabar Coast on the west along with verdant backwaters in the centre ranging from Cochin to Kollam and Nilgiri mountain range covered with tea plantations in the east. Kerala The God’s own country Kerala, meaning â€Å"land of coconut trees†, is one of the relatively well kept secrets of all the exotic destinations in the world. However, Kerala’s popularity has increased over recent years. National Geographic† travel magazine lists Kerala among the fifty must see locations in the world. Not surpirisingly, the State Tourism Department promotes Kerala’s natural beauty, breathtaking lush landscape and tropical beaches as â€Å"God’s own country†. The result has been a signifiant influx of tourists and foreign visitors. The Sanskrit saying â€Å"athithi devo bhava†( treat your guest like God, with respect and honour) is ingrained in the collective ethos of the people of Kerala.

The Center, Left, and Right in Turkish/Greek/Italian Politics :: Politics Political Italy Turkey Greece Papers

The Center, Left, and Right in Turkish/Greek/Italian Politics The politics of the countries of Turkey, Greece and Italy are fairly diverse in relation to each other, as well as within themselves. The political parties of each country are also many in number and varied in nature. In this essay, I will provide a brief overview of the government of each country Turkey, Greece and Italy followed by an examination of the current political parties that exist in each of those countries, looking especially at where the left, center, and right fall with respect to each country. An overview of the politics of Turkey Turkey gained its independence from the Ottoman Empire in 1923, but it did not formally draft a constitution until 1982, when it initiated a four-branch government. Currently, Turkey's government is composed of a President, who is elected every seven years and serves as the executive branch; a unicameral (one-house) legislative branch; a Grand National Assembly composed of 450 members; a Prime Minister, who functions similarly to the Vice President in the U.S.; and a judicial branch that is independent of the governmental structure. Turkey is a democratic and, more importantly, a secular state, despite the prevalence of Islam. The current President of Turkey is Ahmet Necdet Sezer, and the current Prime Minister is Recep Tayyip Erdogan. Political parties in Turkey As of 1996, there are currently 22 registered political parties in Turkey, most of which are small. The main parties that make up the political center are the Motherland Party (ANAP) and the True Path Party (DYP), both of which swing more toward the right; and the Republican People's Party (CHP) and the Democratic Left (DSP), both of which swing more toward the left, despite the contrary nature of their names. To the far right is the National Action Party (MHP), an ultra-nationalist party. ?The ANAP party was founded in 1983 and governed Turkey from 1983 to 1991, though as of the 2002 election, its representation was much less, especially in Parliament.[1]? In the 1980s, however, it was the ANAP party that instituted many important transformations in Turkey, including "introducing free-market reforms, downsizing the public sector," and it was under this party that Turkey "applied formally to join the European Economic Commission" (EEC then, more like the current EU).[2]? Like the ANAP, the DYP was also formed in 1983, and is a conservative party that "draws support from the countryside. The Center, Left, and Right in Turkish/Greek/Italian Politics :: Politics Political Italy Turkey Greece Papers The Center, Left, and Right in Turkish/Greek/Italian Politics The politics of the countries of Turkey, Greece and Italy are fairly diverse in relation to each other, as well as within themselves. The political parties of each country are also many in number and varied in nature. In this essay, I will provide a brief overview of the government of each country Turkey, Greece and Italy followed by an examination of the current political parties that exist in each of those countries, looking especially at where the left, center, and right fall with respect to each country. An overview of the politics of Turkey Turkey gained its independence from the Ottoman Empire in 1923, but it did not formally draft a constitution until 1982, when it initiated a four-branch government. Currently, Turkey's government is composed of a President, who is elected every seven years and serves as the executive branch; a unicameral (one-house) legislative branch; a Grand National Assembly composed of 450 members; a Prime Minister, who functions similarly to the Vice President in the U.S.; and a judicial branch that is independent of the governmental structure. Turkey is a democratic and, more importantly, a secular state, despite the prevalence of Islam. The current President of Turkey is Ahmet Necdet Sezer, and the current Prime Minister is Recep Tayyip Erdogan. Political parties in Turkey As of 1996, there are currently 22 registered political parties in Turkey, most of which are small. The main parties that make up the political center are the Motherland Party (ANAP) and the True Path Party (DYP), both of which swing more toward the right; and the Republican People's Party (CHP) and the Democratic Left (DSP), both of which swing more toward the left, despite the contrary nature of their names. To the far right is the National Action Party (MHP), an ultra-nationalist party. ?The ANAP party was founded in 1983 and governed Turkey from 1983 to 1991, though as of the 2002 election, its representation was much less, especially in Parliament.[1]? In the 1980s, however, it was the ANAP party that instituted many important transformations in Turkey, including "introducing free-market reforms, downsizing the public sector," and it was under this party that Turkey "applied formally to join the European Economic Commission" (EEC then, more like the current EU).[2]? Like the ANAP, the DYP was also formed in 1983, and is a conservative party that "draws support from the countryside.

Meet the Florida Office of Drug Control

Have you ever pondered on the question, â€Å"who is responsible for monitoring drug trends in Florida? † The Florida office of Drug Control was established to address the current issue of drug abuse in the state. The major goal was to ‘protect our youth from substance abuse. ’ The collaboration of this institution with the Department of Law Enforcement, Department of Education, Department of Children and Families, Prevention Coalitions, and Treatment Providers has enabled a prevention strategy to be successfully developed. The latest trends in this field have been used.The three strategic approaches which should be used are Prevention, Treatment and Law Enforcement. There is nothing better than preventing youth from the troubles of substance abuse. With the help of key stake holders, a strategic approach has been used to prevent youth from trying illegal substances. There are six key elements in the prevention of substance abuse: individuals, family, friends, sch ool, community and the society. The second approach used is treatment. There are many individuals who are already addicted. Fortunately, there are ways to get addicts out of their bad habits.Many treatments have been proven to be very effective to help overcome this difficult way of life. Partnership with treatment centers has increased treatment availability for those who need it. The Office of Drug Control’s main priority is to decrease the supply and demand for illegal substances in Florida State. With the help of Law enforcement department the drug issue is easily addressed. The Office of Drug Control has been involved in some initiatives, which include Florida Gang Reduction Strategy, and Methamphetamine. The Florida Gang Reduction Strategy is a program to discourage our youth from joining criminal gangs.These gangs not only introduce teenagers to the world of drugs but also encourage them to get involved in criminal acts. Gang members put themselves in life threatening situations. They also create misery for ordinary citizens. By implementing the prevention program, Florida’s youth will be able to reject all gang activities. They will not be motivated to join after being approached by cult leaders. This strategy also attempts to stop the decreasing number of gangs by giving them an option to leave the gang and change themselves in an effective rehabilitation process.The Office of Drug Control has taken positive steps to improve the quality of living for Florida’s youth. In collaboration with the key government departments and members of the society, they have been able to point out the areas that need to be targeted, to make Florida a drug free state. Stay informed about the newest drug trends this office has been able to pin point. Get information on prescription drugs and much more. For more information about the Office of Drug Control visit www. flgov. com/drugcontrol/.

Code Of Professional Ethics By American Institute Of...

Code of Professional Ethics by American Institute of Certified Public Accountants Introduction quot;A code of professional ethics is a voluntary assumption of self discipline above and beyond the requirements of the law. The Code of Ethical Conduct serves the highly practical purpose to notify the public that the profession will protect the public interestquot; (Carey, Doherty: p 3). When people need a doctor, a lawyer or a certified public accountant, they seek someone whom they can trust to do a good job, not for himself but for them. People assume that the hired professional is qualified since they cannot appraise him. They must take it on faith that he is competent. That is why professionals are distinguished from businesses and†¦show more content†¦Within this topic, the code mentions continuing improvement of the competence of CPAs in all areas in which they engage. In fact, the requirements of competence are established by law. If a man renders a service he is not familiar with, he commits a fraud on the public (However, CPAs are supposed in a reasonable manner to carry this principle beyond). The code of ethics assumes that in situations where CPAs face a problem he/she is not familiar with, they may ask other practitioners for help. A CPA may drop the case only when his/her efforts prove to be futile. From the other standpoint, there are always unknowns in every profession. Thus, to assume that every practitioner is completely knowledgeable would be inaccurate. Responsibilities to Clients include CPAs maintaining their independence, integrity and objectivity regardless of any personal interest that previously exists. CPAs should hold in confidence, all the information about their clients which they acquire during engagements. However the Code states that CPAs should insist on disclosing in financial reports, all information necessary for the fair presentation of the clients affairs. The accountancy laws in some states of the USA contain provisions which do not require disclosing information obtained during engagement by accountant in any court. These clauses directly interfere with federal jurisdiction. FederalShow MoreRelatedWhy The Aicpa Is Becoming More Popular1408 Words   |  6 Pagesreaching this gratitude may be difficult for some. In most cases, one must become a Certified Public Accountant (CPA) or a Certified Management Accountant (CMA). To becoming certified, you must pass the exams the American Institute of Certified Public Accountants (AICPA) and the Institute of Management Accountants (IMA) give respectively while following the ethical standards the issuing bodies present to a newly certified accountant. The AICPA was founded in 1887. The AICPA provides educational materialsRead MoreRules of Professionals4058 Words   |  17 PagesRules of Professional 1 Rules of Professional Ethics and Conduct Kay M. 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