College transfer essay
Happy Endings Essay Topics
Wednesday, September 2, 2020
Job application cover Letter week 10 ENG Assignment
Request for employment introductory Letter week 10 ENG - Assignment Example Obviously, I have worked with a few reviewing firms where I set up my ability; henceforth, impacting the capacity to expect the errand. I draw in inspecting at Tesco grocery store, which is your key rival among others where the job has reestablished their capacity to get away from hazardous circumstance in the firm (Morrison and Wilhelm, 2007). Fundamentally, my contribution in Tesco general store has built up my insight on the particular activities started in grocery stores. Such a viewpoint rearranges my assignment where I can undoubtedly comprehend the individual dangers, which may relate any grocery store. In an extra view, I draw in inspecting in threes particular methodologies in grocery stores to look at the whole workforce; henceforth, extricating regions related with misrepresentation and different dangers. They include the showcasing office, which partner the work force through the examination of their budgetary contribution in the element. Besides, I think about the stocking division, which involve the buying group, back office and the distribution center. It is an errand, which partner assessment and examination to decide the way in which inventories are directed; in this way, forestalling extortion. Further, the methodology includes examination of reports gave to the administration by the bookkeeping office in the substance where such a methodology encourages the acknowledgment of misrepresentation. At long last, I consider the business office where I look for the exchanges made by the element inside the specific bookkeeping time frame where the angle induces acknowledgment of dangers related with the office. Such a viewpoint underwrites them to accomplish expanded benefits. I guarantee you that my job is extremely powerful, and I watch the sound accounting guidelines; hence, delivering a positive yield. In an increasingly basic survey, I look at judiciousness as a perspective, which involves my exactness in figuring s and detailing.
Saturday, August 22, 2020
Evolution of Corporate Social Responisbility Essay
Advancement of Corporate Social Responisbility - Essay Example Corporate Social Responsibility (CSR) has developed as a piece of the board and corporate administration during the most recent two decades. Notwithstanding, it is difficult to envision that this idea, corporate social obligation, just began in the Western world toward the finish of the eighteenth century. Conversation incorporates the advancement of CSR and how this idea has become animated during the eighteenth, nineteenth, and twentieth hundreds of years. In any case, what is recognizable through this disgorging of history remains the hard fight that everyday citizens needed to battle so as to have an altruistic culture to live in; henceforth the pivotal establishment of corporate social obligation. The real term became known in the start of the twentieth century, in which this belief system was worried about a progression of corporate embarrassments in the United States. As indicated by an assortment of sources CSR was acknowledged in various organizations and enterprises as a pi ece of corporate administration in various times of the twentieth century. As of late, one can explain four principle assessments about CSR and corporate social putting propensities in CSR: old style and present day view, cost and gainful perspective on such putting resources into long haul run (Quazi and O'Brien, 2000). This paper looks at the advancement of CSR, as far as the turn of events and reconciliation of this social obligation into corporate conduct. ... Area three examines the Second Industrial Revolution, time in which the world was blasted by various corporate outrages, and accordingly, the on-set of firms declaring CSR as a piece of the executives and private associations. Area four features the essential changes, which were brought by World War II. These progressions were basic in characterizing the improvement of CSR. Present day times and building up CSR in various organizations and nations, especially in Japan, are depicted in segments five and six, individually. 2. First Industrial Revolution (1760-1830) This segment will examine the change of occupation structures, private enterprise and languishing individuals over the First Industrial Revolution. Our conversation of the development of CSR starts with the First Industrial Revolution since it was a significant advance in financial change. 2.1 Transformation of employment structure: New Technologies The First Industrial Revolution was an incredible advance in financial change. Its introduction to the world is ascribed to the presentation of new innovations of creation. There was quick development in profitability and expectations for everyday comforts. The First Industrial Revolution started in Great Britain around 1760. It was stamped (Chandler, 1977) by the selection of three new innovations: the steam motor, depending on the vitality of the non-renewable energy source, coal; machines for turning string and weaving material; heaters to make iron mineral into completed metal by utilizing coal. During the time of the First Industrial Revolution, 1760 till 1830, the change of social orders occurred. It was a checked change from agrarian and rustic culture to industrialize and urbanize. Before those procedures the entirety of the industrial facility's work was household work, or the alleged cabin
Friday, August 21, 2020
Internet ; Society Essay Essay Example
Web ; Society Essay The universe is modifying and numerous new engineerings are being grown constantly. Our everyday life is influenced by these adjustments. The changes will go quicker in future. Web is one a large portion of import outcome of adjusting engineerings. It has become a segment of our everyday life. Each new building has its ain impacts. Some of them are certain and some might be negative. We should maintain a strategic distance from the negative impacts. Innovation ought to be utilized in a positive mode. else it will destruct us. Web is a bewildering imaginative action of the designing. The entire universe is influenced by it and all individuals are straight or in a roundabout way related with it. We will compose a custom paper test on Internet ; Society Essay explicitly for you for just $16.38 $13.9/page Request now We will compose a custom article test on Internet ; Society Essay explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom article test on Internet ; Society Essay explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Web is profoundly useful for army people. Understudies take help of the internet for their prep. Financial specialists use the internet for the data about stocks. Game fans watch imprint and insights. Web has taken the topographic purpose of broadcasting. Today the internet is same as the broadcasting in 1940-50s. Web is more utile and profitable than broadcasting. In any case, it is non feasible for each person to use the internet. Web other than made a result on the print media and it is a little bit at a time supplanting the print media in light of the fact that a magazine or paper can be distributed at a truly ease on the internet. There is no interest of ink and paper on the internet and less specialists are required. Thatââ¬â¢s why print media is exploiting the internet. Web is the main ground behind the insurgency in the public arena. In light of the internet. conveying between the various states. social orders. networks got conceivable. Before the internet designing there was no other imparting framework being so tremendous to show the musings and the sentiments. Through the internet informations. voice. what's more, video conveying is conceivable. To a great extent individuals abstain from conversing with obscure person. Web has demonstrated extremely utile for such kind of individuals. since they talk with individuals without demoing their age. articulations and class. People groups find numerous companions through the internet. Numerous open destinations give this establishment. People groups can infer numerous companions through these locales. Numerous youthful individuals are picking up cash with the guide of the internet by web planning. game structure. filling in as an independent creator. It implies web gives numerous odds to the individuals. Web has contracted the universe. Today each state is associated with another state with the guide of the internet. People groups of one state or society are going acquainted with the human advancement of another state or society. With the guide of the internet the individuals who have information got their place in the general public. At present web based shopping has gotten extremely famous. People groups are buying stocks from their place with the guide of the internet. Individuals purchase stocks requiring little to no effort from the internet as correlation with advertise on the grounds that organizations can rescue cash of stores and laborers in on-line shopping. Joined territory based organization Amazon. com is the best outline of internet shopping organization. People groups can happen every single thing at lower cost on this site. In late mature ages a few organizations have permitted their representatives to work at place with the guide of the internet since work environment has become truly harrowing and the contamination other than expanded in some last mature ages. This is extremely beneficial on the grounds that an individual can rescue cash and clasp by working from place. The Internet gives opportunity of address. The individuals who donââ¬â¢t have valiance can pass on their contemplations with the guide of the internet with no alarm. With the guide of the internet currently individuals are all inclusive associated. An individual can pass on with the person of other bit of the word at any clasp through the internet. Presently individuals are associated socially and expertly by the use of the internet. Web is truly fit and minimal effort mode of conveying. Today we can put a request simply by snaping a catch. Presently we can book lodgings. flights and train tickets on the web. Web made the imparting simple. Presently we can pass on with the guide of electronic mail. picture conferencing. texting. also, Voice over Internet Proxy ( VoIP ) . People groups can simple secure data with the guide of the internet in light of the fact that there is an extremely enormous database on the internet related with each item. People groups are occurring occupations with the guide of the internet. We can subject numerous signifiers on the web. which spares cut. On the internet we can make up ones brain what insight or data we need to peruse. Web is other than playing an of import work in the field of beguilement. We can play numerous games and work out mystifiers. Tunes can be tuned in on-line and we can watch pictures on the internet. There are some terrible impacts other than. in view of the internet on the general public. Sex entertainment is a downright awful outcome of the internet. Sexual stuff is simple accessible on the internet and society is tolerating this stuff without instability. In view of this inclusion of the individuals in sex is expanding twenty-four hours by twenty-four hours. As an outcome. sex-related offenses are expanding constantly. In view of the internet a bunch of occupations have been lost. since a little figure of individuals are required to run a site. As a result of the on-line shopping individuals do non go forward their place. This is a ground behind the numerous sicknesses, for example, plumpness. Web based shopping is non useful for the neighborhood monetary framework in light of the fact that a large portion of these on-line shopping destinations are worldwide. Web is non ever reliable. since there is a peril of intruding on the privateness. There is everything is in the signifier of paired data. On the internet we are subject to others for our privateness. We can non unquestionably ensure our data. With the guide of informations mining our data can be robbery. Copyright work has become an extraordinary activity now yearss. Character of an individual can be robbery with the guide of the internet. There are numerous other terrible impacts of the internet, for example, meeting with the individuals whom you met on the web. giving individual data to a total outsider. giving off base data. An individual can be simple cheated by the internet. Numerous fear based oppressors are using the internet building for imparting by using an off base reference. Kid erotica. acknowledgment card fakes. undercover work. on-line despite everything chase. snatchs are some other terrible impacts of the internet on the general public. Presently it tends to be said that it relies upon us how web influences society. Web can be demonstrated extremely utile in the event that we use it in a positive manner. Numerous Torahs are made for hindering web offenses. yet, these offenses are still at that place. There is an interest of authorization of these Torahs. Web can be extremely utile for the general public. It is the best mode of imparting and it very well may be said a decent stage for indicating your musings. There are a cluster of adjustments in the general public in light of the internet. Web upgraded the situation of the life. Today data and guidance about the protected use of processing machine has gotten extremely of import. There are numerous disservices of the internet. in any case, I think it has genuinely improved our lives. There is an interest of guidance and requirement of the Torahs. Notices Cole J. I. The Impact of the Internet on Our Social. Political and Economic Life. The UCCLA Center for imparting Policy. 2000. Cuizon. G. Web Crime: How Does It Affect Our Society? . April 15. 2008. Recovered February 24. 2009 from hypertext move convention:/www. socyberty. com/Crime/Internet-Crime-How-Does-It-Affect-Our-Society. 109754 Nie. N. Investigation of cultural Consequences of the Internet. Stanford Institute of the Quantitative Study of Society ( SIQSS ) . 2000. Experts and cons of the Internet in todayââ¬â¢s society. Recovered February 24. 2009 from hypertext move convention:/www. He. com/things/779510-advantages and disadvantages of-the-web in-todays-society Purdy. R. The Internet-Boon or Detriment to Society? Recovered February 24. 2009 from hypertext move convention:/iml. jou. ufl. edu/ventures/STUDENTS/Purdy/INDEX. HTM Rajani. M. K. A ; Chandio. M. S. Utilization of Internet and its impacts on our Society. Recovered February 24. 2009 from hypertext move convention:/www. szabist. edu. pk/ncet2004/Docs/Session % 20VIII % 20Paper % 20No % 202 % 20 ( P % 20157-161 ) . pdf The Internetââ¬â¢s Effect on Society. November 19. 2001. Recovered February 24. 2009 from hypertext move convention:/www. bbc. co. uk/dna/h2g2/A650684
Thursday, June 4, 2020
ââ¬ÅThe Tygerââ¬Â by William Blake - Free Essay Example
ââ¬Å"The Tygerâ⬠by William Blake Now seen as one of the most prominent figures of poetry and visual arts during the Romantic Age, William Blake was an outcast during his time and often thought to be crazy due to his radical views on religion and theology. Although he was Christian, his family rejected the generally accepted form of Christianity and going to church. While he was young, Blake claimed to have seen and interacted with the angel Gabriel, the Virgin Mary and the spirit of his deceased brother, Robert Blake. Because of these divine experiences he had so early in his life, he believed that everyone could communicate with God through good deeds, imagination and prayer and that there was no need to go to church to reaffirm this relationship. He believed that the church was solely a political institution and that it acted as a middle-man that interfered with someoneââ¬â¢s connection with God. Blakeââ¬â¢s views on religion greatly influenced many of his works, i ncluding ââ¬Å"The Tygerâ⬠which was a part of his ââ¬Å"Songs of Innocence and Experience Shewing the Two Contrary States of the Human Soul. ââ¬Å"The Tygerâ⬠is composed of six stanzas and has a rhyme scheme of AABB, which makes it easy to read. The meter is regular and rhythmic and can be associated with the pounding and banging of a blacksmith and his tools, as described in stanza four of the poem. In ââ¬Å"The Tyger,â⬠William Blake questions the nature of God and faith. He asks two important rhetorical questions in the poem; Does God create both good and evil? If so what right does God have to do this? The poem is a cycle of questioning the creator of the tiger, discussing how it could have been created, and back to questioning the creator. The theme of the poem is the tiger and who created it. Was it the same God that created the gentle and innocent lamb? Or was it a much darker force, perhaps even Satan? For some Christians there is no need for such que stioning; they believe God made Lucifer beautiful and perfect just as He made Adam and Eve in the Garden of Eden, but like Adam, Lucifers own indiscretion were what changed him to what he has become. Other people, like William Blake, wonder, If God is such a compassionate, loving, caring God, why would He make such a horrifying and wicked being who causes so much harm in the world? Through vivid imagery, symbolism, and metaphors William Blake explores the question of whether or not God creates evil as well as good in the world. Right from the beginning of the poem, readers are slammed with imagery that conjures a picture of a tiger with fur blazing like fire, lighting up a dark forest. The fact that the tiger can illuminate a forest in the dead of night gives the idea that the tiger is very powerful and not like other animals. Blake then goes on to describe the tigerââ¬â¢s burning eyes, filled with an intense fire that should be feared by all of its prey. The fire in the eyes of the tiger creates a negative image of the tiger, that it is a wicked and fearsome beast. Blake also illustrates a large furnace that was used to craft the tigerââ¬â¢s brain. When reading this, you can feel the heat given off by the scorching fire and see the blacksmith reaching into the flames with his tongs and extract the brain that gives the tiger its life. Symbolism plays a huge part in how this poem portrays its message to readers. The tiger, having fire in its eyes and a brain created in a furnace, is the most obvious symbol that represents evil. Blake is not merely looking at an animal and wondering how it was made, but he is using the animal allegorically. Blake speaks directly to the tiger, an animal that lives in dark, secret places; in the forests of the night. The fierceness and cunningness of the tiger that lurks in the darkness seeking out its prey is a metaphor that gives the reader a vivid mental picture of who believers call Satan. The lamb symbolizes good in the world and also refers one of Blakeââ¬â¢s earlier poems, ââ¬Å"The Lamb,â⬠which was included in the ââ¬Å"Songs of Innocenceâ⬠collection. Just as the tiger could represent Satan, the Lamb, which Blake capitalizes in his poem, could be a representation of Jesus Christ, the Lamb of God. The last line of the fifth stanza actually states the central question that is explored throughout the poem; ââ¬Å"Did he who made the lamb make thee? â⬠This poses the question as to whether God, who has created everything good and beautiful in the world, could also be capable of making such an evil and frightening beast as the tiger. Up until the speaker poses this question, the poem has been pointing towards Satan being behind the creation of the tiger. It is not until this question is asked that the idea that God is ultimately responsible for the creation of good as well as evil is presented. There is a reference to a hammer, chain, furnace and an anvil that is a n extended metaphor comparing the creator of the tiger to a blacksmith. The idea that a blacksmith forged the tiger with his furnace and tools gives the reader the idea of the creator being very deliberate in fashioning every aspect of the creature. It also ties in with the fire references throughout the poem and solidifies the notion that the speaker thinks the tiger may have been created within fire, possibly the fires of hell. Blake compares the eyes of the tiger to a distant fire that only someone with wings could reach, someone such as an angel, either good or bad. It also asks who would ââ¬Å"dare seize the fire? â⬠The speaker is inquiring as to who would be so brave as to dare to put their hands in such a fire that the tiger surely has been created with. All of the questions that Blake poses in this poem are left unanswered only invoke more questions. Blake leaves it up to the reader to come to their own conclusions about good and evil as well as who is behind it. To me, there is further depth than simply the creation of evil by God. I think the poem touches one of the most troubling issue that racks the brain of all theologians. How can God allow, for example, the death of an innocent child through famine in Niger? The change in the poem from simply a capable creator to a brave creator suggests that Blake saw and appreciated that a brave creator knew the need for misery in the world as well as job. Blake does a superb job stimulating the mind to go beyond what is known and to question the mysterious origins of the world and all that is in it.
Sunday, May 17, 2020
Sociological Theories Of Global Climate Change - 1611 Words
2. Sociological Theories of Global Climate Change Sociological knowledge on global climate change has its roots in environmental sociology - a specialty field that developed in reaction to increased social awareness of environmental problems in the 1970s. Environmental sociologists examine and theorize the complex and multifaceted relationship between human beings and their natural environments, including the question: why do social systems tend to exceed their ecological carrying capacities (Nagel et. al., 2010)? Despite its foundational focus on the human-nature nexus, environmental sociologists have only recently turned their research attention to global climate change. There is, however, a great deal that sociologists in general, andâ⬠¦show more contentâ⬠¦143). The political economy approach draws its inspiration from the nineteenth-century writing of the Karl Marx and Fredrich Engels. Marx believes the human-nature nexus is inevitable. Because nature is the primary source of humanââ¬â¢s means of subsistence. For Marx (2012, p. 148), ââ¬Å"The worker can create nothing without nature, without the sensual external world. It is the material on which his labor is realized, in which it is active, from which and by means of which it produces.â⬠So, it can be said that the more the worker, by his labor, extracts the means of subsistence from nature, the more he loses his means of life from the nature in two ways: 1. The nature ceases to be an object belonging to workerââ¬â¢s labor; 2. The nature ceases to be means for the physical subsistence of the worker. In this way, the worker just becomes a servant of the nature: as a worker, and as a physical subject. So, the deprivation of workers is inherently built in the nature of their labor that always favors the owners of the means of production. According to Marx (2012, p. 149), ââ¬Å"It is true that labor produces wonderful things for the rich-but for the worker it produces privation. It produces palaces-but for the worker, hovels. It produces beauty-but for the worker, deformity. It replaces labor by machines, butShow MoreRelatedClimate Change And Sociology : Global Warming1253 Words à |à 6 PagesClimate Change and Sociology Danielle Cluphf College of Western Idaho Climate Change and Sociology Climate change known as global warming has been steadily increasing over time. Global warming is a catch phrase of social confusion. Society feels uncomfortable with this notion. Is it real or fake? Little do people know that human progression and population growth adds to carbon emissions in the atmosphere. The term greenhouse gasses mean H2o or water, Co2 or carbon dioxide, and N20 known as nitrousRead MoreGlobal Warming And Climate Change Essay1387 Words à |à 6 PagesClimatic changes have been a major concern in the recent researches. The changes have negatively affected the production across the world and also the human lives are at stake. There are so many occurrences of unpredicted climatic effects such as the drought occurrences and the tides which affects the people. The unpredicted climatic changes have been as a result of the many factors. One of the most controversial things is that climatic changes have been caused by the social factors, which governmentRead MoreScienc e : Our Ecosystem And Environmental Systems Are Being Disrupted1209 Words à |à 5 Pagesenvironmental systems are being disrupted. The human race may be reaching carrying capacity on Earth. o Ecological collapse: when an ecological system suffers drastic change reducing the carrying capacity for all organisms (Ecological Collapse, 2014) o Climate Change: measurable persisting changes within a climate (Climate Change Basics, 2014) o Peak Oil: when oil production reaches a point from which it will continually decline. 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While there are a number of contributing factors that create this mass inequality, the scope of this argument will focus on education. The American schooling system is lagging behind globally and the current programs in place are ineffective to the point of being detrimental. This paper assertsRead MoreClimate Changes And Agriculture On Our Environment1747 Words à |à 7 PagesDec. 2015 Climate Changes and Agriculture Over the last thousands of years, many factors have contributed to the significant changes that have and continue to take place within our atmosphere. Climate change has become universally recognized, based on scientific results backed by historically observed data, and also acknowledged by public perception in the last decades (Valverde et al 2015). While global warming is a highly debatable topic for the masses, the current climate changes occurring thatRead MoreThe Phenomenon of Compelled Migration Essay examples1602 Words à |à 7 Pagespeople recognized the imminence of the situation : a number of publications on that subject appeared; some international conferences and meetings were held. As far back as 1990, the Intergovernmental Panel on Climate Change has already indicated that one of the greatest effects of climate change may be on human migration. Besides, in the report on world accidents which the International Red Cross prepared in 1999, it is noted that droughts, floods and soil erosion compelled 25 million people to leaveRead MoreAnalysis Of Octavia Butler s Series Of The Parables1508 Words à |à 7 PagesI entered Butler University as an English major believing that what we choose to read changes the way we think, and literature shapes the society we live in. I later changed my major to International Studies, an interdisciplinary course of study, which allowed me to foster my understanding of the global society, the complexities of intercultural interactions, and the ability to apply political theories to interpret one situation from multiple perspectives. When choosing the topic for my senior thesisRead MoreRacial and Ethnic Groups949 Words à |à 4 PagesRacial and Ethnic Groups Michelle Winner ETH 125 October 23, 2010 NIKIYA SPENCE Racial and Ethnic Groups There are three sociological perspectives of race and ethnicity which are functionalist, conflict, and labeling perspectives. The first one I will discuss is the functionalist perspective. The functionalist perspective emphasizes how the parts of society are structured to maintain its stability. As also described in the reading the functionalist approach is an approach, if an aspectRead MoreContemporary Art And Art Theory Of Africa And Asia At Soas Essay1656 Words à |à 7 Pagesby cultivating spaces for collective catharsis and critical discourse, becoming the catalyst for radical action. A passion for Justice by every means necessary is at the root of my desire to study Contemporary Art and Art Theory of Africa and Asia at SOAS. Art is one of global societyââ¬â¢s most fluid tools for justice and equity. Working as an Arts Administrator for the Bronx Council on the Arts, Iââ¬â¢ve further realized the significance the arts have historically had and continue to have as ancillary
Wednesday, May 6, 2020
Viable Crypto Currency or Investment Bubble Essay
Imagine a currency that can be sent around the globe instantly from one client to another, without any hefty transaction fees. Although, this achievement is seemingly impossible, Bitcoin, a form of digitalized monetary value, accomplishes just that. Until recently, money has always been perceived as a physical note or coin that can be used to make transactions. However, Bitcoin is basically an encrypted digital block that can be stored in an online wallet and securely stored, sent, and received via a special network on the Internet (Friedman). Programmed in 2009 by an anonymous group known as ââ¬Å"Satoshi Nakomoto,â⬠(Timpane), Bitcoin appeared on online exchanges as the worldââ¬â¢s first decentralized virtual currency. It has been bought and soldâ⬠¦show more contentâ⬠¦Without a bank to manage the supply of this crypto currency, the price is unregulated and proves to be extremely volatile. This price fluctuation is one quality that is holding the legitimacy of Bitc oin back because it needs a consistent value for practical use in the monetary world. As speculative investors buy and sell Bitcoin, the price varies at extreme rates. But in support of Bitcoinââ¬â¢s long-term future, the price has shown a steady uptrend in the past year, peaking at around $1200 (See Apendix I). Eventually, a steady value will be reached to establish the actual price of Bitcoin. The positive aspect of Bitcoinââ¬â¢s decentralization greatly outweighs this temporary problem of volatility. The lack of the Federal Reserveââ¬â¢s regulation essentially allows this virtual currency to eradicate inflation. Ed Grabianowski describes inflation as a process when a unit of currency loses value because more units are produced and put into circulation by the regulator in attempts to solve financial issues (ââ¬Å"What Exactly is Inflation?â⬠). Bitcoin does not face this problem since it has a predetermined supply: 21 million digitalized blocks (ââ¬Å"Betting on the Bitcoin Buzzâ⬠). Instead of having a regulator through banks and the government, which can inherently fail, Bitcoin relies on regulation through a mathematical equation. To comprehend this regulation, the process of mining must first be understood.Show MoreRelatedAnalysis Of 2015 Advanced Micro Devices7591 Words à |à 31 Pagesexcellent performing cards at low prices. At this time crypto currency mining was very profitable and these cards were the best available performance to price products. Demand for the cards soared but sellers raised the prices. This meant that AMD was not able to capture the full value that customers were paying for its products. Additionally the cards were no longer viable for gamers due to the price increase. When the crypto currency bubble burst, the market flooded with used versions of these cardsRead More2015 Advanced Micro Devices ( Amd )8126 Words à |à 33 PagesAt this time, crypto currency mining was very profitable and these cards were the best available performance to price products. Demand for the cards soared, but sellers increased the prices. This meant that AMD was not able to capture the full value that customers were paying for its products. Additionally, the increase in price yielded a long-term reduction in market share because the cards were no longer viable for gamers due to the price increase. When the crypto currency bubble burst, the market
Tuesday, May 5, 2020
Doctrine of Capital Maintenance for Corporation Law- MyAssignmenthelp
Question: Discuss about theDoctrine of Capital Maintenancefor Australian Corporation Law. Answer: Under the aspect of Australian Corporation Law, Doctrine of Capital Maintenance plays an integral role. On analyzing the basis of formulation of Doctrine of Capital Maintenance it can be identified that, due to the limited liability of the stakeholders, safeguarding the interest of the creditors have been a major concern. In order to manage the issue, doctrine of capital maintenance has been developed, that is a collection of laws formulated for the purpose of ascertaining that the company receives the capital supposed to raise and another factor resulted in the formulation of the doctrine is maintenance of the capital that is necessity of the business, in order to provide protection an benefit the organizations creditors (Tomasic, 2015). Thus, the main rationale of origin of Doctrine of Capital Maintenance have two major edifice firstly, to safeguard the creditors interest and secondly, to ascertain lawful dissipation of the companys assets. In this context the case of Trevor v Whitworth [1887] 12 App Cas 409 is mentionable. In the particular case it was stated by the House of Lords, the loss of the paid up capital in the course of trading of a company cannot be prevented (swarb.co.uk, 2017). However, the company or the members of the company are liable to the creditors in regards to the remaining capital and companys coffers, wherein they are required to ascertain that not part of the creditors are paid out on their part, other than legitimate demand of the business. On analyzing the above made discussion the benefits associated with Doctrine of Capital Maintenance can be clearly observed. One of the major benefit associated with the implementation of the Doctrine of Capital Maintenance is it safeguards the interest of the interest of creditors of the company. In addition to the above made discussion, with the help of implementation of Doctrine of Capital Maintenance it can be further ascertained that the existing compulsory share capital of a company is used for the benefit of the creditors and hence provides the creditors safety net and guarantee in regards to creditworthiness of the company (Islam, 2015).. The other mentionable benefit associated with the implementation of Doctrine of Capital Maintenance is the fact that with the implementation of the doctrine lawful dissipation of the companys assets can also be ensured. However, there are certain exceptions associated with the Doctrine of Capital Maintenance. Under Corporations Act 2001 [256B], a company is entitled to reduce the share capital in a manner which is legitimate in nature. Similarly, under Corporations Act 2001 [257B] buy back procedure have been provided which helps in ascertaining lawful dissipation of the companys assets and shares. Under Corporations Act 2001 [260A], aspects associated with financial assistance on the part for a company are provided in regards to acquiring shares in the company or holding company (Austlii.edu.au, 2017). Corporations Act 2001 [259A] provides with legal considerations associated with directly acquiring own shares (Austlii.edu.au, 2017). These are certain exceptions associated with Doctrine of Capital Maintenance which are required to be taken into consideration on the part of the organizations particularly the creditors. References Austlii.edu.au. (2017). CORPORATIONS ACT 2001 - SECT 259A. [online] Available at: https://www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s259a.html [Accessed 23 May 2017]. Austlii.edu.au. (2017). CORPORATIONS ACT 2001 - SECT 260A. [online] Available at: https://www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s260a.html [Accessed 23 May 2017]. Islam, M. S. (2015). The Doctrine of Capital Maintenance and its Statutory Developments: An Analysis. Northern University Journal of Law, 4, 47-55. swarb.co.uk. (2017). Trevor v Whitworth: 1887. [online] Available at: https://swarb.co.uk/trevor-v-whitworth-1887/ [Accessed 23 May 2017]. Tomasic, R. (2015). The Rise and Fall of the Capital Maintenance Doctrine in Australian Corporate Law.
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