Islam Today Essay Example | Topics and Well Written Essays - 1000 words

Islam Today - Essay Example With the destruction and chaos that came with the end of the colonial rule after World War 2, much of the Islamic world became the victim of corrupt regimes, religious extremism, and foreign intervention. As Edward Said put it: â€Å"In part, of course, that is because the Middle East, the Arabs, and Islam have continued to fuel enormous change, struggle, controversy, and, as I write these lines, war†. The political instability so much a part of much of the Islamic world stems from the instable atmosphere of many of these countries (especially the Arab ones) and the fact that they are home to most of the world’s oil supply. The oil brings the interest of many Western governments to do things that, if the oil was not there, they would probably not do. To that of course must be added that most people have the negative image of Muslims as terrorists and extremists largely due to their negative depiction in the media. There is â€Å"a striking lack of clarity and an atmosphere of incomprehension that can only generate suspicion and fear† (Ramadan 2007, p. 23). This situation is not helped by the fact that so many scholars in the West believe that Muslims are by nature â€Å"radical† and that Islam in general is incompatible with the West and/or globalization. In order combat these images and the potential conflict there is a lot people in Muslim countries could do. First and foremost Muslim governments should attempt to have their voice heard more clearly and more often in Western media. It is clear that Muslims have an image problem in the world’s media. There should be an organized effort to reach out to people to show them that Islam has much more to it than radicals and terrorists.

Ethical dilemma Essay Example for Free

Ethical dilemma Essay In the following, ethical dilemma has been discussed and identified from the given case study. The background for the ethical dilemma has been explained. How the consultant has handled the situation of ethical dilemma and how a learner would have handled it differently, has been given below. ? Ethical Dilemma â€Å"Ethical dilemmas, also known as a moral dilemmas, are situations in which there are two choices to be made, neither of which resolves the situation in an ethically acceptable fashion. In such cases, societal and personal ethical guidelines can provide no satisfactory outcome or the chooser. Ethical dilemmas assume that the chooser will abide by societal norms, such as codes of law or religious teachings, in order to make the choice ethically impossible. † In the given case study, Kindred Todd is also in a situation which is an ethical dilemma. She had just finished her master degree and got a very company to join in. But she did not realize that she had been introduced as an expert on CQI to the potential clients which she discovers by the end of the meeting with the potential clients. She discussed with her boss about the need of the CQI expert but he did not give it an importance and indirectly pushed her to do what the company says. She has now a conflict between her own values(may be religious) which insist her on quitting the job and her personal materialistic needs which do not allow to leave such a good company for her career. Background for Ethical Dilemma â€Å"In a perfect world, businesses and their employees would always do the right thing. Unfortunately, in the real world, ethical dilemmas are a common occurrence in the orkplace. According to the Merriam Webster Dictionary, dilemmas are situations or problems where a person has to make a difficult choice; an ethical dilemma is a problem where a person has to choose between a moral and an immoral act. Employees must deal with pressures to perform and help the company succeed as well as personal temptations to take the easy way out. In the end, workers will likely face many dilemmas in their careers; companies should provide training and information to assist them in making the right decision. † There are many reasons which make the background or the reasons for the ethical dilemma. Employees in organizations undergo in such a situation when they are sometimes under the pressure from management . When they are particularly asked to do something which is un ethical but it goes in the company’s favor. In some cases, some employees become quite ambitious and want to succeed in their life at any cost without considering the concept of being ethical or un-ethical. They just do what akes them towards promotions or higher career. â€Å"Though diversity is an important part of business, some people may not be comfortable with people from different backgrounds and possibly be reluctant to treat them fairly. This kind of discrimination is not only un ethical but illegal and still remains common. † â€Å"Negotiators may also try to bribe their way to a good deal.  While this is illegal in the U. S. , it still sometimes happens; in other nations, it is more common, and sometimes even expected, which can put negotiators in a difficult position. † This means in organizations negotiating tactics are sometimes also the cause of ethical dilemma. ? How the Consultant Handled the Situation from Ethic View Point The consultant raised an objection before the president of the company instead of remaining uiet on the issue that why she had been introduced wrongly as a CQI expert. Moreover, she passed on the exact evaluation of her meeting about the potential clients and stress on the need of an CQI expert in order to deal with the clients. At least, in order to secure the job, she did not pretend that she can do anything they want. The best part was that she did her best to help the clients in the area of quality improvement by going through books and consulting her friends, so much so that she had a consultant behind her, unseen, to help sort out CQI issues. After the assigned work got over, she resigned the company, as she could’t trust the company for future. A View of How the Learner would have Handled the Situation Differently I would have not been, probably so daring to ask the president for the actual requirement of the clients or might not have resigned the job. ? Conclusion In a workplace, ethical dilemmas are quite common. There are different reasons for a worker to become ethical or un ethical. So, the important thing how you win the war between your values and materialistic needs.

The SWOT Analysis: Pepsi

The SWOT Analysis: Pepsi PEPSI is an international player in the soft drink market and operation across the world. In 1893, PepsiCo started its manufacturing in 1893. It got a new name as Pepsi-Cola on August 28, 1898. Then in 1961, it was ultimately named as Pepsi. Initially it was marketed as Brads Drink. The substitutes available in the same market are as follows: 1) Coca-Cola 2) Cola Turka 3) Big Cola 4) RC-Cola In every segment of the target market, Pepsi is highly favorable. Due to its wise spread use at homes, ceremonies and during travels, it has been chosen for this project. Problem Statement In these days, management at the company has observed a significant delay in the sales of their product, Pepsi in this case. The demand for the particular has also declined with time. These business managers have proposed different factors affecting this problem. For instance: 1) A relatively good taste of Rival Products 2) Improvedvalue of Competitors Products 3) Low Price Rival Product 4) BetterPremeditatedDevelopment of Rival Companies Consequently Company Managers have comprehended the need of RE-FINANCING STRATEGIC MANAGEMENT PLAN. It evaluated the company processes on the followings fators: SWOT ANALYSIS PEST 5 Cs (company/collaborators/customers/climate/competitors) 4/7 Ps-product,price,place,promotion,people,process,physical Environment. Market Analysis In the cold drink market, some of the players were: Distributers Retailers Customers Suppliers and Competitors With the entrance of other players into the market, there can have threats or benefits. In the case of Pepsi, this was of a significant value. We will analysis these factors as entrance to barriers on the SWOT basis. SWOT ANALYSIS:PEPSI Strengths Branding The premier brand of PepsiCo is Pepsi. In 2008, it got ranked at the 26th position out of 100 top brands of the world. The value of annual sales is $15000 million Other brands of the company include Diet Pepsi, Gatorade Mountain Dew and have the presence in over 200 countries. In the US beverage industry, it has a market share of 39% and 26% in the Snacks Industry. A large proportion of the sales is accumulated through these brands. Diversification The diversification includes the aspect that each top 18 brands of PepsiCo generates approximately $1000 million of annual sales. Distribution The wider distribution network of Pepsi works such that the manufactured product is delivered to warehouses, then to customers ware houses and then to retailers. Weaknesses Overdependence on Wal-Mart PepsiCos largest customer is Wal-Mart. Wal-Mart operates through low price themes which indirectly put pressures on Pepsi to lower down its prices in accordance with its biggest customers. Overdependence on USMarkets The US market generates around-+ 52% of Pepsis total revenues. Low Productivity Low productivity is evident from the fact that in 2008, the revenue that it generated was $219,439 per employee. It was significantly lower than its rivals in the market. Opportunities Expansion of Product Base PepsiCo is pursuing to cope with one of its major weakness: enslavement on US markets by getting Russias topJuice Company, Lebedyansky, and vwwater in the UK. In this way, it would be able to increase its product base in a more competitive market. International Expansion Currently PepsiCo is expanding by making investment in China ($1000 million) and India ($500 million). This points out towards the fact that it is trying to increase its international base and lower its dependency on the US market. The future plans include expansions in Brazil and Mexico through huge investments. Growing Savory Snack and Bottled Water Market in US There is a huge potential for PEPSICO to capitalize on the expanding bottle water market which is expected to have a $24 billion volume by 2012. Threats Sharp Decrease in the Sales of Carbonated Drinks The sales of soft drinks have decreased significantly.Though PepsiCois experiencing diversification but it projected that it would be facing the impact of this decrease. Possible Negative Influence of Government Regulation PepsiCo can be negatively affected as the state and central laws would hinder its operations in marketing, sales and manufacturing. Powerful Competition The one major competitor of PepsiCo in the market is Coca-Cola. Nestle and Marina is also counted as its rivals. The intensive, edge to edge competition in the market can affect pricing policies, marketing, sales and other promotion strategies put forward by the company. For instant the sales of juice has significantly increased for Coca-Cola as compared to Pepsi. Potential Commotion Due to Labor Unrest Pepsi Co is susceptible to strikes and other labor disputes. For example, a strike in India in 2008 had prevented the manufacturing for almost a month. These can exacerbate problems for the company. PEST ANALYSIS: PEPSI A particular business is dependent on an environment to get its revenues for the goods and services that it provides. These environments can both be external or internal. Political Environment: Pepsi To run a successful business, PepsiCo is dependent on the public policy as it is one of the largest multi nation companies in the world. Thus an active participation is essential for the company towards the deliberations of public policy. Political Involvement Policy Citizens Fund (CCF) is the respective entity of PepsiCo that gets voluntary employee assistances to make political campaign contributions to Federal and state political parties, PACs and electoral candidates. These actively help the company to take part in the democratic process in the country. Economic Environment: Pepsi The Primary responsibility of the company, PepsiCo, is to take the necessary measures to preserve the sustainability of the environment in which it works for instance ecological environment, social and economic. Pepsi Co is aware of the critical role that agriculture plays towards different aspects of the business operations. Pepsi Co also recognizes the dangers emerging out of the shortage in food supply and the respective food security threats. Social Environment: Pepsi The unique social environment at Pepsi Co is very desirable where its people are working together for a sustainable present of prosperity. This, in turn, would be beneficial for Pepsi itself. Its promise is to provide the localize versions of its products by keeping in mind the preferences of the local communities in which the business is operating. Technological Environment: Pepsi Technological advancements have helped PepsiCo to enhance its production capacity. Therefore it is making full use of the new technology. PepsiCo is getting a key help through advancements in IT. Situation Analysis: Pepsi It is very necessary for a company to satisfy the needs of its customers while maintaining the profitability through sales. This can be achieved if company keeps track of all the internal and external factors in that environment. 5Cs provide the Situation Analysis for a particular firm operating in a particular market. These are as follows Company Product line Image in the market Technology and Experience Goals Culture Collaborators Distributers Suppliers Coalitions Customers Market size and growth Market Segments Retail channel-where does the consumer actually purchase the product? Consumer Information Sources-where does the customer obtain information about the product? Rate of Purchase, seasonal factors Quantity purchased at a time Trends-how consumer needs and preferences change over time Competitors Real or Potential Direct or Indirect Products Positioning Market Shares Strengths and Weaknesses of competitors Climate or Context The climate or macro-environmental factors are: Political and Regulatory Environment: Which specific policies affect the company Economic Environment: business cycle, inflation rate, interest rates, and other topics Social/Cultural Environment: Trends and fashions in a particular society Technological Environment: The relationship between demand and the impact of technology 7 Ps -Product,Price,Place,Promotion,People,Process, Physical Environment: Pepsi 7 Ps are called Marketing Mix and help in meeting marketing objectives for a company. Pepsi-Product The cola drink includes the ingredients such as carbonated water, high fructose corn syrup, sugar, colorings, phosphoric acid, caffeine, citric Acid and natural flavors. Following are the popular brands of PepsiCo: Pepsi Twist, Pepsi Tarik, Pepsi Samba, Mountain Dew, etc. Coke v/s Pepsi-Product Pepsi and Coke are the major rivals in the market and compete against a verity of products in the market: COKE PEPSI 1) The dark colored Cola drink initiated the rivalry with Pepsis carbonated drink 1) Pepsi too has a cola version of carbonated drink which competes against the coke 2) Vaultwas released by the Coca-Cola company in June 2005. It is a carbonated drink. 2) Mountain Dew MDXis the version released under Mountain Dew in 2005 after a new marketing campaign 3) Spriteis a clear lemon- time flavored soft drink manufactured by the coca-cola company. 3) 7 UP is a lemon carbonated drink competing with Sprite 4) Diet Coca-Colais a sugar free soft drink produced and distributed by the Coca-Cola Company 4) Diet Pepsiis a low-calorie carbonated cola. 5) Fantais a soft drink citrus brand owned by The Coca-Cola Company. 5)Mirindais soft drink brand owned by PepsiCo and it competes with Fanta Table : Coke v/s PEPSI Price Price is the monetary value of a good in a particular currency. Pricing is the major portion of the marketing mix. Before the entrance of PepsiCo in the market, Coke was the only player in the market nd it directed the price of the cola drink. The competition emerged after the entrance of Pepsi. Now the price is determined on the basis of competition between Coke and Pepsi. Pepsi portrays a flexible attitude and cut downs its prices at times. This has also incurred some loses for Pepsi due to the risks attached. Though the lowered prices would attract more customers, it also badly affects the production cost which becomes difficult to cover. This was an early phase situation for Pepsi but now it has recovered due to the rapid growth that it is making. Place In marketing, is a geographic location, an industry, a group of people to who company wants to sell its products. Pepsi like Coke has its network all over the world. Pepsi has joined forces with companies like Quaker Oats,Lipton etc. It runs ads in different localities of the world. Promotion Promotion encompasses 4-subcategories: Advertising Personal selling Sales Promotion Publicity and Public Relations A promotional strategy can include: a) Sales Shootouts b) New product reception c) Brand Equity Emergence d) Positioning e) Competitive retaliations f) Creation of a corporate image Pepsi and Coke have a special status regarding their promotional activities.The rivalry was initiated when Pepsi started its blind taste challenges. It took the method of a taste test at public places like shopping malls, community centric hubs etc. By letting people taste both the colas, they asked the people to select the preferred one so that people would buy Pepsi. The following chart provides a comparison between Pepsi and Coke: Figure : Price Comparison People- Pepsi Pepsi has deeply affected the lives of people by changing their preferences. Process-Pepsi Process involves the transformation of inputs into outputs. With the latest technology, pepsi has helped people to get a much better carbonated product. Physical Environment-Pepsi The internal and external environment has been affected by the operations of Pepsi and it holds a well-established position for that. THE RE-FINANCING STRATEGIC MANAGEMENT PLAN It is the particular strategy of framing, executing and gauging decisions that allow an organization to meet its objectives. The making and designing of a strategy includes the following: Vision and Mission(the target of the business) Strength and Weakness Opportunities and threats The contemplations for top strategy devising are: Allocation of resources Business to enter or retain Business to divest or liquidate Joint ventures or mergers Whether to expand or not Moving into foreign markets Trying to avoid take over HRM and Strategy Strategists: are individuals who are most responsible for the success or failure of an organization. They are individuals who form strategies. They have various job titles, such as CEO, President, owner etc. Pepsi- Vision Statement PepsiCos responsibility is to continually improve all aspects of the world in which we operate- environment, social, economic-creating a better tomorrow than today Pepsi Cola Mission Statement Our mission is to increase the value of our shareholders investment. We do this through sales growth, cost controls, and wise investment resources. We believe our commercial success depends upon offering quality and value to our consumers and customers. Providing products that are safe, wholesome,economically efficient and environmentally sound, and providing a fair return to our investors while adhering to the highest standards of integrity. Types of Strategy Competitive Advantage: Pepsi By taking our competitive strengths, and investing in them to create longer-term value to sustain growth. PepsiCo has 3 key advantages: big, muscular brands the proven ability to innovate and create differentiated products , and Powerful go-to-market systems. Cost Advantage It is the global leader in savory snacks, and those snacks can be paired with its beverages in the marketplace. Those pairings will enable PepsiCo to provide unique offerings to retail and foodservice customers. Market Dominance It is one of the worlds most familiar consumer food and beverage companies, offering brands like Frito-Lay, Gatorade, Tropicana and Quaker. The Coke vs. Pepsi conflict raged on for decades across the country on supermarket shelves, fast food restaurants and the like. New Product Development Pepsi As a consumer-focused company, we want to enrich the lifestyles of our consumers while increasing the local relevance of the products we make. We recognize the need to understand and respect local cultures, rituals, patterns and intake gaps when developing delicious-tasting convenient and affordable products for consumers in that market. For example, in India, we have introduced a whole-grain product for breaking the fast around the observance of Ramadan. In China, we have introduced congee (with whole grains and reduced sodium) as a locally relevant breakfast offering to add nutritional value to the Chinese diet, and were introducing products made from grains in sub-Saharan Africa as a change from those made with plain flour. Contraction/Diversification IndraNooyi, PepsiCo Chairman and Chief Executive Officer, said, Our results this quarter reinforce the advantages of our balanced portfolio, as our food and international businesses delivered solid performance while we continued the transformation of our North American beverage business. As part of its strategy to grow in key markets, the company recently announced plans to invest $1 billion over the next four years in China, PepsiCos highest priority growth market. And, in Russia, PepsiCo along with its partner The Pepsi Bottling Group, Inc. announced a plan to invest $1 billion over the next three years. Price Leadership Strategy An observation made of oligopolistic business behavior in which one company, usually the dominant competitor among several, leads the way in determining prices, the others soon following. The context is a state of limited competition, in which a market is shared by a small number of producers or sellers. Pepsi- Global Strategy It is not just another beverage on the vast shelf of choices. Pepsi made a decision years ago to diversify its offering and branch into the global arena. Pepsi is an American multinational corporation headquartered in Purchase, New York. It is a manufacturing company distributing beverages and snack foods across 200 countries. Pepsi-Reengineering Strategy Reengineering initiatives typically lead to a business organization with these characteristics: 1. Business processes are simplified rather than being made more complex. 2. Job descriptions expand and become multi-dimensional people perform a broader range of tasks. Downsizing PepsiCo Inc. is considering cutting approximately 4,000 employees and reducing pension contributions in order to increase their income.Citing a source, reported the New York Post, quoted by Reuters on Friday (06.01.2012), currently the company offers retirement plans and matching contributions to 401 thousand retirement savings account.One of these large companies believes that by offering both of these are an act that is more generous.Pepsi-party claims when 401 thousand by eliminating the retirement savings account that will save the company up to USD75 million. The layoffs, accounting for approximately one percent more than the payroll company, will include a small number of workers at its headquarters. Delayering To lessen the size of a business hierarchy, especially in terms of a reduction in management. This creates a flatter(less layered) organizational structure. There have been numerous cases of companies delayering their organization structures over the past few years. Many of these companies include industry leaders rarely satisfied with their past success, continually searching to improve all facets of their business, including their management structure. Recent examples of well-known companies that have delayered include Pepsi-Cola, Hewlett-Packard, Corning, Tenneco, and General Electric, to name only a few. RESTRUCTURING PepsiCo Inc. plans to cut 8,700 jobs in a restructuring as it seeks to offset high commodity costs and increases investment in advertising and marketing in North America.Its a lower figure than sources had expected. Of PepsiCos 100,000 U.S. workers, about 2,000, or 2 percent, are on the chopping block, say knowledgeable sources, a figure Mr. Nicolas couldnt immediately confirm. Some 1,800 people work at the West Loop headquarters of Quaker Oats, Gatorade and Tropicana. Other PepsiCo teams plus its global nutrition group also are in Chicago. Mr. Nicolas declined to comment on specific jobs or people before the company notifies workers of their status this week. The Financial Analysis Pepsi Bottling Group is the worlds largest manufacturer, seller and distributor of Pepsi-Cola beverages. With annual sales of nearly $11 billion, the companys fastest growing segment is non-carbonated beverages, including the number one brand of bottled water in the U.S., Aquafina, as well as Tropicana juice drinks and Lipton Ice Tea. As part of a 24/7 production operation, the companys Detroit plant ships about 27 million cases per year. Production at the plant begins as empty bottles are unloaded from trucks via conveyor and transported to a depalletizer. From there, they are, rinsed, dried and sent to a filling machine (filler speeds at the plant vary based on bottle size, ranging from 350 to 1,000 bottles per minute). The bottles leave the fillers and make their way to a packaging machine, and then to a palletizer. Each pallet is wrapped for distribution and moved to the warehouse for shipping. We can show the statement of financial position of PEPSI Inventory (raw materials) in different years in the following chart. Figure : Financial Position of PEPSI Inventory (raw materials)

Ethical and Legal Issues of Phone Tapping :: Privacy Telephones Communication Essays

One of the hottest topics in privacy is regarding our phone conversation with others. It doesn't take a whole lot these days to be in someone's business, in their conversation, breaking the law of privacy with out spending that much time and money. "†¦Compared to an average monthly phone bill of seventy dollars, the option to wiretap the average phone line is probably worth less than twelve cents a month to police and spy agencies."1 These days, when information is transferred from one person to another, or from point A to point B, there are more people who are interested in know what they are talking about, not just to know but to benefit something out of it. This is illegal if it is done without the knowledge of the individuals involved. Since people are not giving communication privacy enough attention, it is getting to the point that it is out of control of anybody. Anybody can just get up and get in to others conversation with out their knowledge. This is having a big effec t in out community these days. There are a lot of scenarios were people are involved in this situation. If we take an example, people are more concerned about paying their bills over the phone by their credit card, knowing that there might be someone in the middle intercepting all this information to harm the person. This action has a lot of side effect in the development of new technology. Paying over the phone using a credit card was never there years ago; it used to be only paper bills. Now, not only can we pay though phone call but also we can pay using the computer. All this is new technology that was never there. But if someone is always doing something illegal to affect the direct communication of customer and sellers, there won't be a trust with will be a great bondage between them, which can help the market, and the technology to go to another lever, which is better. We can also have a different approach, which will make phone tapping a good thing for the community. The government uses phone tapping to investigate some people in order to keep the safety of the people or the community in a good condition. For example, if the government knew before the incident on 9/11 though the conversation of the terrorist, they would have saved a lot more people who died not knowing that they were targeted.

Balance Sheet and Sylvan Essay

On January 1 2007, Pillar purchased 60% of the common shares of Sylvan for $4,500. On that date, Sylvan had common shares of $1,250 and retained earnings of $3,000. Fair values were equal to carrying values for all Sylvan’s net assets except inventory, capital assets and notes payable. The fair value of inventory was $60 more than book value, the book value of capital assets was $100 greater than fair value and the Notes payable had a fair value of $150 less than book value. Assume that all shares of Sylvan have the same value and no control premium was paid at the date of acquisition. The Consolidated Financial statements will be prepared using IFRS Entity Method. The financial statements for Pillar and Sylvan for the year ended December 31, 2010 were as follows: Balance Sheets December 31, 2010 $000’s PILLAR SYLVAN Cash $680 $435 Accounts receivable 1,755 1,025 Inventory 2,849 1,790 Capital assets—net 3,976 3,000 Investment in Sylvan 4,500 Total assets $13,760 $6,250 Current liabilities $400 $255 Notes payable 5,800 1,185 Common shares 2,000 1,250 Retained earnings 5,560 3,560 Total $13,760 $6,250 Statements of Income and Retained Earnings Year Ended December 31, 2010 PILLAR SYLVAN Sales and all other Income $4,040 $2,710 Cost of sales 1,600 1,140 2,440 1,570 Amortization (480) (310) Other expenses and losses including taxes (500) (210) Net income 1,460 1,050 Additional information: numbers in $000’s 1. Capital assets are to be amortized over an average remaining useful life of 8 years at January 1, 2007 and the notes payable mature on December 31, 2011. Goodwill impairment losses for 2008 and 2010 were $240 and $300 respectively. Straight line amortization is acceptable for all acquisition differentials. 2. At December 31, 2010, Sylvan’s inventory included goods purchased from Pillar for $760. Total purchases from Pillar in 2010 were $1000 all priced at mark-up’s averaging 25% of Pillar’s cost. 3. On December 31, 2009, the inventories of Pillar contained $500 of merchandise purchased from Sylvan. Sylvan earns a gross margin of 30% on all sales to Pillar. During December 2010, Pillar purchased merchandise from Sylvan for $900 and did not pay for$250 of the purchases by December 31, 2010. 40% of the inventory was resold by Pillar before the year end. 4. On July 1, 2010, Sylvan sold a new tract of Land to Pillar for $170. On December 1, 2009, Sylvan had bought the land for $200. The fair market value of the land at July 1, 2010 was $220. 5. On September 30, 2008, Pillar sold Land to Sylvan for $100. The land had a book value of $60 on the date of the sale. 6. On December 1, 2010, Pillar and Sylvan declared and paid dividends of $150 and $100 respectively. 7. Both companies pay taxes at the rate of 40%. Assume all intercompany Transactions are taxed at 40% REQUIRED: Please use a GREEN BOOKLET 1. Prepare a Consolidated Balance Sheet at December 31, 2010. (22 Marks) 2. Prepare an independent calculation of ENDING Consolidated Retained Earnings at December 31, 2010. (11 marks) 3. Assume Pillar wishes to use the equity method in their General Ledger, calculate Investment income from Sylvan for the year ending December 31, 2010 (10 Marks) NOTE: This question will help you prepare for the technical question on the midterm. Do more than the question asks so that you are prepared for any possible questions you may be asked: Eg. Prepare a Consolidated Income statement and an independent calculation of Consolidated Net Income attributable to Parent company shareholders Calculate the Investment Income under the equity method: Note the only difference between the equity method used when significant Influence is present and the equity method used in the general ledger of the parent when control is present is the treatment of downstream transactions. According to IAS 28.28 all unrealized intercompany profits are eliminated proportionately between investor and investee. Therefore if investor owns 30% of investee, 30% of all unrealized profits/losses are removed. When control exists the parent eliminates upstream proportionately with NCI and downstream unrealized profits are eliminated 100% from parent. Check figures: At December 31, 2010 Goodwill at acquisition ($3,140) $2,600 Consolidated total Assets $17,615.6 Capital assets $6916 Consolidated Retained Earnings $5331.28 NCI Balance Sheet $2924.32 Consolidated Net Income Entity $2052.1 Attributable to Parent shareholders 1754.78 Attributable to NCI $297.32 Investment account Balance sheet :equity method $4,271.28 Investment income equity method 2010 $354.78(removing 100% downstream)

Free Essays on Points About Education

Education Questions 1. Identify at least two things teachers could do to help parents work with their children more effectively on homework and other academic activities.  § Teachers often try to help students by parent involvement. Parent involvement is a key part of the education process. A teacher’s work could be in vain if not sustained in the home. One way a teacher could do to help parents work with their children more effectively on homework would be to send home assignments to incorporate the family. For example, if the class is studying history, the teacher can send home a â€Å"family scavenger hunt†. The student could then research their family history by questioning parents, grandparents, brother and sisters. Another good way to incorporate parents into the academic process is to send home a logbook. This logbook could have a spot for signatures of the parent to make them accountable for their child’s homework. This process could be a weekly or bi-weekly process. Also, you could send home a letter, send home students work frequently, invite parents to visit to participate in classroom activities. 2. Where do you think most new teaching positions will occur, in schools populated by students from upper, middle, or lower SES backgrounds? Why?  § SES is an â€Å"indicator that combines parents’ incomes occupations, and levels of education† (Kauchak, 111). SES is expressed in three stages: lower, middle, and upper. For any teacher, a lower SES populated school is a challenge: â€Å"children come to school without a sense of safety and security, so they are not as well-equipped to tackle school–related tasks† (Kauchak, 116). For this reason (trial for a new teacher), one would believe that more positions would be open within a low-SES populated school. 3. What are some possible ways that poverty can influence learning?  § Poverty can influence a students learning in many ways. Many poverty stricke... Free Essays on Points About Education Free Essays on Points About Education Education Questions 1. Identify at least two things teachers could do to help parents work with their children more effectively on homework and other academic activities.  § Teachers often try to help students by parent involvement. Parent involvement is a key part of the education process. A teacher’s work could be in vain if not sustained in the home. One way a teacher could do to help parents work with their children more effectively on homework would be to send home assignments to incorporate the family. For example, if the class is studying history, the teacher can send home a â€Å"family scavenger hunt†. The student could then research their family history by questioning parents, grandparents, brother and sisters. Another good way to incorporate parents into the academic process is to send home a logbook. This logbook could have a spot for signatures of the parent to make them accountable for their child’s homework. This process could be a weekly or bi-weekly process. Also, you could send home a letter, send home students work frequently, invite parents to visit to participate in classroom activities. 2. Where do you think most new teaching positions will occur, in schools populated by students from upper, middle, or lower SES backgrounds? Why?  § SES is an â€Å"indicator that combines parents’ incomes occupations, and levels of education† (Kauchak, 111). SES is expressed in three stages: lower, middle, and upper. For any teacher, a lower SES populated school is a challenge: â€Å"children come to school without a sense of safety and security, so they are not as well-equipped to tackle school–related tasks† (Kauchak, 116). For this reason (trial for a new teacher), one would believe that more positions would be open within a low-SES populated school. 3. What are some possible ways that poverty can influence learning?  § Poverty can influence a students learning in many ways. Many poverty stricke...

Cloning Pros and Cons essays

Cloning Pros and Cons essays Cloning: The production of genetic copies. Clones: A group of genetically identical organisms. Ever since the belief that cloning was a possibility, and especially since it has been developed, it has been a major conflict in the ethical world of values. There are many different pros and cons about the subject, and for a majority, deciding what is right and wrong regarding this issue is virtually impossible. A clone is an organism, or group of organisms, derived from another organism in a nonsexual way. Each cloned organism, or group of organisms, is composed with the exact genetic material as the original organism(s). Genetic material is made up of genes, the parts of a cell that determine characteristics in living things, (worldbook.com). Three strong pros that are commonly used in the great debate over cloning include: Cloning is a technology that would allow infertile couples to have a genetically related child., Cloned human embryonic stem cells have the potential to cure, or assist in the discovery of a cure, for just about any disease or disorder you can imagine, not to mention save diminishing species of animals., and also, Human cloning is not inherently wrong, immoral or evil, the negative association that the public has with cloning is simply a misconception.. On the other hand, there are equally logical arguments about the dark side of cloning. Many people who dont support cloning say that its cons are: Serious health risks are involved., Cloning could, someday, be used for warfare or slavery., and finally, Children whom have been cloned could potentially be looked down upon, or looked up to, causing lack of acceptance and individuality.. Pros: Cloning is a technology that would allow infertile couples to have a genetically related child. For example, in a case where one member of a couple carries a gene for disease, [cloning] u...