Pros and Cons of Social Media - 1064 Words

Today we live in an era where there is no need to travel around the world to meet loved ones, share memories and stay in touch. Social media can be defined as â€Å"websites and applications that enable users to create and share content or to participate in social networking† (Lubbe). Social networking sites have made it unbelievably easy to talk to friends and families who live far away, and share pictures and videos of every special event in one’s life. The facility however doesn’t end there. Social networking sites such as Facebook and Twitter are also commonly used to pour out emotions and share whatever a person has on his mind. It’s no wonder that a typical teenager and adult in the 21st century spends quite some time of their day on such social networking sites. Since every action has some kind of reaction social media affects people in various ways. The most prominent effect is on teenagers since they are the most popular and common users. However social media does not only affect teenagers but also adults in various parts of their life including education, work place, and social life. Social media can be harmful but at the same time it can be beneficial; it all depends on the way it is being used. Students of Dow Medical University of Pakistan conducted a study to evaluate the effect of Facebook on the social life, health and education of medical students. The study was conducted by getting 1000 participants to complete a questionnaire. The result of this study showedShow MoreRelatedPro And Cons : Pros And Cons Of Social Media852 Words   |  4 PagesPros and Cons of Social Media Social Media is a place on the internet where someone can talk or interact with friends, family and/or associates. There are various types of social media and different ways of accessing it. People can go on social media through a phone, computer, tablet, or even a smart watch and there are many different types of social media like Snapchat, Facebook, and Instagram. Decades ago, the most anyone had was a phone to call someone else on but the phone was connected to aRead MorePros And Cons Of Social Media864 Words   |  4 Pagespresent time social media is very popular for the social connectivity especially among the college students because they can make groups and can stay connected with each other. every coin has two sides so social sites has too many benefits, but it has disadvantages also. Let’s discuss Pros and Cons of social media. WHAT IS SOCIAL MEDIA Social media are web-based communication tools that enable people to interact with each other by both sharing and consuming information. Social media is a phrase thatRead MorePros And Cons Of Social Media740 Words   |  3 PagesThere are many pros and cons to social media so I am indifferent about this topic. Some pros of social media is that it helps with communication with people from long distances and its also good for advertising. Some cons are it brings about cyberbullying and it’s really time consuming. These are some reasons why I am indifferent about social media. Social media has changed communication in a whole different way. From facebook to snapchat and so many others, social media has made it extremelyRead MorePros And Cons Of Social Media1114 Words   |  5 PagesIn today’s century social media is the main way to communicate with people with people all over the world. It has become very popular... even more popular than a text or video message. Soc ial media is a computer technology that facilitates the creation and sharing of information, ideas, career interests and other forms of expression via communities and networks. The variety of social media services that are currently available can help benefit businesses, introduce an event, or even help you findRead MorePro And Cons Of Social Media1168 Words   |  5 PagesSocial Networking, More Like Social NOTworking Picture this, you just got the greatest haircut of your life. Feeling good, you take a selfie and post it on Instagram with the caption, â€Å"Feelin’ good.† A few hours later, you get a notification that someone commented on your picture. That comment reads, â€Å"You’re feeling good about THAT haircut? LOL!† You were just a victim of cyberbullying. Cyberbullying is one of the many negative effects of social networking and social media on teens, and could createRead MoreThe Pros and Cons of Social Media782 Words   |  3 Pagesutilization of social networking site. JhonZimmerman, a 26 old year a tour manager of the Gateway Plan was recently burdened with 87 charges, particularly 23 counts of sexual violence penetration of a child under 16 years, 3 rapes,and multiple counts of incident acts and using internet for procuring minor and child pornography. These above mentioned incidents are possible only due to the existence of social networking site. So, social networking site has both features: pros and cons. TheRead MoreThe Pros And Cons Of Social Media1775 Words   |  8 PagesSocial media has conquered the internet as well advanced in the growth of opening relationships and collaborating ideas around many counseling professions. In the field of therapy, many psychotherapists expanded their ways by connection with patients through Facebook pages and other webpages that allow communication. Lately, this has also created current issues to consider and benefits for counselors. Older generations find this as a problem because it is unethical and has effects towards the boundaryRead MorePros And Cons Of Social Media1161 Words   |  5 Pagesdifferent social media network. As Centuries move forward, technology is advancing is taking a big hike on the usage board. One of the subsidiaries of technology most commonly known is social media. Social media has been moving up the scale of usage for the last ten years. There have been many social media apps, or platforms for the past years. There wa s for example: hi5, Myspace, Facebook, Instagram, Twitter, Tumblr, and so on because there are many more. One of the most recent platform of Social mediaRead MorePros And Cons Of Social Media Essay1598 Words   |  7 PagesArgument/Research Essay Serin Kim Period 4 A prevalent issue regarding social media and interactions exists between researchers and social network users. Social media is currently changing how relationships between people are created. Relationships can exist through people across the world through social media and can produce more emotional bonds with friends that you can see everyday. On the other hand, social media also could present conflicts due to the fact that some of these relationshipsRead MoreThe Pros And Cons Of Social Media1454 Words   |  6 Pagestechnology happening from the I-Mac Pro, to the iPhone 8, who knows what else the future will hold. But not only are there new technologies coming out, but also new sites. Sites that can be used from all over the world with people from everywhere using it. Many sites have gotten new updates to make them more popular such as Instagram, Snapchat, Twitter, and even Facebook. But would that be a good or bad thing? Many people can agree there are some good things about socia l media, but there can also be bad outcomes

Vsm Group Examination of Strategic Position and...

1. INTRODUCTION Johnson, Scholes and Whittington (2005, p. 9) define strategy as the direction and scope of an organisation over the long term, which achieves advantage in a changing environment through its configuration of resources and competencies with the aim of fulfilling stakeholder expectations. Strategy is therefore the long term direction of an organisation. Strategic Management can be defined as the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organisation to achieve its objectives (David 1999, p. 9). Strategic management therefore focuses on the activities of the organisation that contribute to the achievement of organisational success. These†¦show more content†¦3.1. PESTEL Political variables †¢ Political stability in Sweden and the United States. †¢ The prevalence of foreign trade regulations in the USA. Economic variables †¢ Decline in demand for sewing machines in past two decades. †¢ Decline in industry profitability. †¢ Low sales in respect of Pfaff within three years of acquisition. †¢ High production costs in the German Pfaff plant. †¢ Investment by Juki and other industry players into the US market. Socio-cultural factors †¢ Not using a consultant for the strategic planning weekend meeting made the strategy process unstructured and was a shift from the company’s way of doing things. †¢ Encouraging participation in the strategy process by middle management through a series of seminars. †¢ The adoption of the strategy document changed workers’ attitudes. The strategy document served as a guide on operational matters. The mission statement was frequently promoted in the company’s public relations. †¢ Focus shift from technical features to customer satisfaction. Technological variables †¢ Extended support for business development to encourage retailers to carry the Husqvarna Viking product line exclusively. †¢ Cooperation with Jo-Ann Fabrics Crafts, a large retailer of fabrics with over a thousand stores throughout the USA, setting up small sewing machine outlets inside their fabric stores.Show MoreRelatedVsm Group Strategy Essay4776 Words   |  20 PagesIntroduction VSM Group manufactures markets and sells consumer sewing machines, holds a leading position in the medium to high-end segments of household sewing machines on the world market. After redirection, VSM had carried out a set of strategies to pull itself from inferior position into an enjoyable place. In this report, the strategic position of VSM in 1997 will be analyzed first, along with three divisions, the environment, strategic capability, expectations and purposes. Strategic options willRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesand 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extend this linking of theory and practice further by analysing the strategic issues of speciï ¬ c organisations in much greater depth – and often providing ‘solutio ns’ to some of the problems or difï ¬ culties identiï ¬ ed in the case. There are also over 33 classicRead MoreOperational Management36687 Words   |  147 Pagesthe publisher REF: OPS 2013 Operations Management TABLE OF CONTENTS Section Introduction 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Operations and Productivity Operations Strategy in a Global Environment Total Quality Management Forecasting Design of Goods and Services Process Strategy and Capacity Planning Location Strategies Human Resources, Job Design and Organisational Effectiveness Supply Chain Management Inventory Management and JIT Systems Aggregate Scheduling Materials Resources Planning

Freud’s Psychoanalytic Theory Free Essays

In the twentieth century, Sigmund Freud, had been labeled as the father of psychoanalysis. Working with many great theorists in his lifetime, they helped him expand his thinking too create many theories of his own, one in particular, the psychoanalytic theory. Even though many theorists did not agree with his theory, because of his addiction to cocaine, many believe he was one of the greatest. We will write a custom essay sample on Freud’s Psychoanalytic Theory or any similar topic only for you Order Now Sigmund Freud was born in Moravia in May 6, 1856 into Jewish parents. In 1860 his family migrated to Vienna, where he resided for about eighty years. He then left Vienna moving to London after the Nazis overran Austria. Since when he was young, Freud wanted to be a scientist. In 1873, Freud enters the medical school of University of Vienna, graduating eight years later. (Hall, 1970) In 1886 He married to Martha Bernays and opened his own practice. (Wollheim, 1971) After studying and working with Jean Charcot a French psychiatrist and Joseph Breuer a Viennese physician, Freud realized that Charcot’s hypnosis treatment was not impressive and Breuer’s conservative view on sexual conflict where the cause of hysteria left Freud working alone.Working alone helped Freud form the foundation of psychoanalytic theory. (Hall, 1970) Psychoanalytic theory is the belief that a dynamic struggle takes place within the human psych between unconscious forces. That’s where the structure of personality takes place. The structure of personality is made up of three main mental entities, Id, Ego, and Superego. Id operates only in the unconscious mind containing basic animal drives as instinctual impulses, hunger, thirst, sex, and aggression.Id follows the pressure principle and demand for instant gratification. Ego represents reason and good sense. Id organizes the ways to handle the delay of gratification by coping with frustration by operating in the reality of principles, seeking to satisfy instinctual demands in way that are practical and socially acceptable. Ego attends to avoid social disapproval. Superego is the interval moral guardian or conscience. Develops by internalizing the moral teachings of parents or other significant others.The ego has to make the compromise between the id and superego. (Quigley, 1998) In the end, balance and interactions of these three parts is determined by our behavior and our ability to meet the life challenges we face. To understand it better in a criminology way an example of the theory would be John is at the mall and sees the diamond on a ring shine right on him and his id thinks, â€Å"I’d like to go and snatch it right off the show case. The ego then says, â€Å"Wait there’s not enough people, you’re in a plain site, let’s wait for the room to get busy. † The superego then says, â€Å"Wait, you can’t do that, you can pay for it. † In 1880s Sigmund Freud started experimenting with cocaine. He believed that cocaine lifted his spirit when he was at a low period in his life. Freud stated that with brilliant success he was able to observe the effects cocaine took on him when he used small doses, regularly for depression and against indigestion. Cocaine) Because of this experimenting stage many has challenge Freud psychoanalytic theory. In practically, Darwin, who critisized Freud theory because it was generated by confusions arising Freud long standing use of cocaine. (Freud, 2010) Also, Breuer, a mentor and friend, disagree with Freud when it came to talking treatment for hysteria because sexual desires lay at the bottom of all these hysterical neuroses and like stated before Breuer was conservative towards the subject. (Boeree, 1997)In 1939, Sigmund Freud died of cancer to the mouth and jaw, after battling it for almost 20 years. Some of Freud’s ideas are tied to his culture and era; other ideas are not easily testable. Some may even of Freud’s own personality and experiences. But Freud was a great observer of the human condition, and enough of what he said has meaning today that he will be a part of personality textbooks for years to come. Even when theorists come up with dramatically different ideas about how we work, they compare their ideas with Freud’s. How to cite Freud’s Psychoanalytic Theory, Papers

Auditing Services Free-Sample for Students-Myassingnmenthelp.com

Questions: 1.Using the 30 September 2011 Trial Balance Calculate Planning Materiality and Include the Justification for the basis that you have used for your Calculation.2.Discuss the Ratios Indicating a Significant or an Unexpected Fluctuation. 3.Prepare a Common-Size Statement for the Balance Sheet of Cloud 9, use Total Assets as the basis for the Balance Sheet. Comment on any Audit Implications revealed by your statement.4.Which Specific Areas do you Believe should receive Special Emphasis during your Audit? Consider your discussion of the Analytical Procedures Results, Comments on the Common-Size Statement and as well as your preliminary estimate of Materiality. Answers: 1. As per the statement given in the ninth paragraph, the auditor should include the materiality during making the decisions based on audit procedure, extent, nature and timing. It has been further seen that the materiality needs to be taken into account for the various types of the effect, which is seen to be associated to the misstatement (Garg and Bawa 2016) . The 12th Paragraph of the ASA 320 provided the auditor whit the necessary information for the preliminary assessment of the materiality. It further considers both the qualitative and the quantitative aspects (Nawal Kasim and Zuraidah Mohd Sanusi 2013). Statement for Planning Materiality Particulars Amount (31-12-2011) Percentage (%) Planning Materiality PBT $ (3,315,804.00) 5% $ (165,790.20) Total Turnover $ 37,554,250.67 5% $ 1,877,712.53 Total Assets $ 24,100,296.00 0.50% $ 120,501.48 Equity $ 3,314,193.00 1% $ 33,141.93 Table 1: Materiality Planning (Source: Created by Author) The computations shown above are able to select the appropriate auditor. However, the company has incurred losses during the period and hence the level of materiality cannot be based on the PBT (Rikhardsson and Dull 2016). There have been several reasons identified to select the revenue for reflecting the proper data for the large organizations and showing their scale of operations in the materiality level. In the given case the materiality level has been able to be selected based on 5% of the turnover that comes to $1877712.53. This further shows that the auditor will be able to depict the misstatement, which is higher than the materiality level. On the contrary, in case the materiality is seen to be higher in compare to the selected procedures then the audit process will be state on the truth and assure fairness in the financial statement (Ye and Simunic 2013) 2.The various types of the analytical aspects of the study is able to show the financial information which are seen to be related to the non-financial and the financial data. It has been further seen that the various types of the considerations made in the report has been shown with the risk assessment based on the financial ratios(Messier 2014). Statement showing significant financial Ratios Particulars Formula 9/30/2011 12/31/2010 Liquidity Ratio Current Ratio Current Assets /Current Liability 2.02 1.38 Quick ratio (Current Assets- Inventory- prepaid Expenses) /Current Liability 1.38 0.97 Solvency Ratio Debt to Equity Ratio Debt/Equity 2.72 1.68 Times Interest earned Income before interest expenses/interest earned -1.77 2.91 Profitability Ratio Net Profit Ratio Net Profit/RevenueX100 -9% 3% ROE Net Profit/ Share holders Equity -0.75 0.18 Table 2: Significant financial Ratios (Source: Created by Author) The table shown above is able to show the relevant calculations, which are seen to be related to the different factors, associated to the depiction made in the financial statement of the company. The various types of the evaluation of the report has been seen to based on the different ratios shown in form of profitability ratio, solvency ratio and the liquidity ratios(Jans, Alles and Vasarhelyi 2013). The table shown above is able to determine the ability of the company to generate profit from the various types of the operations. It has been further seen that the company has been able to earn a positive net profit during 2010, while on the other hand it has incurred loss in 2011. The various types of the depictions made in the form of the financial statement has been further able to show that the company has been able to make the significant amount of the profit based on the various type the considerations made in form of the amount of profit earned by the investment made by the shareholders (Semer 2013). 3. Common Size Balance sheet Particulars 2010 Percentage 2011 Precentage Current Assets Cash $ 1,753,765.00 7% $ 245,965.00 1% Trade Rceivables $ 10,701,064.00 44% $ 10,552,109.00 44% Inventory $ 6,263,242.00 25% $ 5,924,156.00 25% Financial Assets $ 4,075,205.00 17% $ 4,469,759.00 19% Prepayment and other assets $ 666,054.00 3% $ 1,112,028.00 5% Total Current Assets $ 23,459,330.00 95% $ 22,304,017.00 93% Non Current Assets 0% PPE $ 852,965.00 3% $ 1,449,330.00 6% Deffered Tax Assets $ 277,559.00 1% $ 346,949.00 1% Total Non current Assets $ 1,130,524.00 5% $ 1,796,279.00 7% Total Assets $ 24,589,854.00 100% $ 24,100,296.00 100% Current Liabilities Payables $ 8,413,818.00 45% $ 10,323,185.00 50% Interest Bearing liability $ 8,240,091.00 44% $ 149,354.00 1% Current tax liability $ 207,893.00 1% $ 159,866.00 1% Provisions $ 189,015.00 1% $ 401,658.00 2% Total Current Liability $ 17,050,818.00 91% $ 11,034,063.00 53% Non Current Liability Deffered tax Liabilities $ 170,284.00 1% $ 198,647.00 1% Interest bearing liabilities $ 1,500,000.00 8% $ 8,872,482.00 43% Provisions $ 79,556.00 0% $ 680,911.00 3% Total Non Current liability $ 1,749,850.00 9% $ 9,752,040.00 47% Total Liabilities $ 18,800,668.00 100% $ 20,786,103.00 100% Net Assets $ 5,789,186.00 $ 3,314,193.00 Equity $ 5,448,026.00 94% $ 5,448,026.00 164% Reserves $ (259,498.00) -4% $ (247,638.00) -7% Accumulated Profit/ loss $ 600,658.00 10% $ (1,886,195.00) -57% Total Equity $ 5,789,186.00 100% $ 3,314,193.00 100% Table 3: Common Size Statement (Source: Created by Author) The depictions made in the table shown above has bee able to state the viability of the balance sheet of the company. It has been further seen that the common size of the statement has been able to measure the various types of the factors, which are seen to be based on the various considerations made in terms of 2% decrease in the noncurrent assets of the company from 2010 to 2011. The various type of the analysis made in noncurrent asset has shown an increase from 2010 to 2011. The various types the considerations made in the report is further able to show the different types of the factors of the evaluation has stated a decrease in the total current liability from 2010 to 2011(Hardy and Laslett 2015). On the contrary, it has been seen that the company has been able to show decreased proportion of the non-current liability from 2010 to 2011. The above table shows the areas in which the auditors need to make the necessary improvements (DeFond and Zhang 2014). 4.To Suzie Pickering, Audit Senior, RE: Problems areas and other concern Sir, The memorandum is aimed to show the material misstatement, which is present in the financial statement of the company. In the analysis process of the financial statement, it can be seen that the company has been able to increase the total revenue. This is identified as a positive development of the company. Despite of the increasing revenue, it can be seen that the overall profit of the company has declined. Based on the various analysis it can be discerned that the main reason for the decline in the profit has been identified that due to the increasing amount of the other expenses and the borrowing cost. It has been further seen that the expenses based on the ordinary activity has been seen to be related to the various types of the activity in terms of the by 42% and 23% respectively. Hence, it can be said that the audit procedure should provide special emphasis on the relevant area of expenses. It has been further seen that the auditor should be able to apply the appropriate method to determine the misstatement consistently. The evaluation of the overall depictions made in form of the increasing expenditure has been shown below as follows: Thanking You Regards Statement for Profit/Loss Particulars Amount Amount Amount Change % 12/31/2010 9/30/2011 12/31/2011 Revenue $ 34,300,042.00 $ 28,165,688.00 $ 37,554,250.67 9% Cost of Borrowings $ 748,106.00 $ 798,611.00 $ 1,064,814.67 42% Expenses from ordinary activity $ 32,122,122.00 $ 29,575,856.00 $ 39,434,474.67 23% PBIT $ 1,429,814.00 $ (2,208,779.00) $ (2,945,038.67) -306% IT Expenses $ 378,074.00 $ 278,074.00 $ 370,765.33 -2% Profit available to the members of the company $ 1,051,740.00 $ (2,486,853.00) $ (3,315,804.00) -415% Table 4: Statement of Income (Source: Created by Author) References DeFond, M. and Zhang, J. (2014) A review of archival auditing research, Journal of Accounting and Economics, 58(23), pp. 275326. doi: 10.1016/j.jacceco.2014.09.002. Garg, N. and Bawa, S. (2016) Comparative analysis of cloud data integrity auditing protocols, Journal of Network and Computer Applications, pp. 1732. doi: 10.1016/j.jnca.2016.03.010. Hardy, C. A. and Laslett, G. (2015) Continuous Auditing and Monitoring in Practice: Lessons from Metcashs Business Assurance Group, Journal of Information Systems, 29(2), pp. 183194. doi: 10.2308/isys-50969. Jans, M., Alles, M. and Vasarhelyi, M. (2013) The case for process mining in auditing: Sources of value added and areas of application, International Journal of Accounting Information Systems, 14(1), pp. 120. doi: 10.1016/j.accinf.2012.06.015. Messier, W. F. (2014) An approach to learning risk-based auditing, Journal of Accounting Education, 32(3), pp. 276287. doi: 10.1016/j.jaccedu.2014.06.003. Nawal Kasim Zuraidah Mohd Sanusi (2013) Emerging issues for auditing in Islamic financial institutions?: empirical evidence from Malaysia, Journal of Business and Managment, 8(5), pp. 1017. doi: 10.9790/487X-0851017. Rikhardsson, P. and Dull, R. (2016) An exploratory study of the adoption, application and impacts of continuous auditing technologies in small businesses, International Journal of Accounting Information Systems, 20, pp. 2637. doi: 10.1016/j.accinf.2016.01.003. Semer, L. (2013) Auditing the Byod Program., Internal Auditor, 70(1), pp. 2327. Available at: https://ezp.waldenulibrary.org/login?url=https://search.ebscohost.com/login.aspx?direct=truedb=iihAN=85845555scope=site. Ye, M. and Simunic, D. A. (2013) The economics of setting auditing standards, Contemporary Accounting Research, 30(3), pp. 11911215. doi: 10.1111/j.1911-3846.2012.01191.x.