Power of Communication - 8354 Words

Power of Communication Introduction: Communication is the basic human need to share meanings and express ideas and thoughts and that can be achieved by the exchange of information between the society members. The process of communication is defined by the technology available, culture and protocols of communication. Political scientists are interested in political communication through studying the interaction communication between the political system and the political process generally and they confirmed the importance of the fundamental relationship between them, they called for re-examination and analysis of political science based on communication theories. Politics is difficult to be found without communication because there must†¦show more content†¦The means of mass communication possesses the characteristics and capabilities of multiple distinct from those when its counterparts from groups or opinion leaders, are in any case means mass communication addresses the daily huge cross sections of the population with one voice. The means of communication and media are necessary and important to make effectively communication links and interactions are always open between the ruler and the governed. Definitely, mass communication has evolved technically accompanied by the technological development happened to human societies in all fields, in ancient societies (Greek and Roman society), political community was limited and number of citizens who can be covered by ruling messages was known, so it was direct speeches and forums in public places established in open air or in the theaters of the city that was one of the most forms of political communication, so it was politicians highly dependent on rhetoric and the ability to inference to convince they governed, This free space for debate and political communication that helped to create direct democracy known as the Athenian democracy, But with the development of human societies and the expansion of political activity field appearance regimes of modern political became not possible to rely solely on speeches and seminars, which includes a limited number of citizens, but became necessary to find a communication to spread and includ es a wide segment ofShow MoreRelatedPolitics, Power And Communication1633 Words   |  7 PagesNEWCASTLE UNIVERSITY Case Study Name: Jun Fu (Fu Jun) Student number: 130336769 Module: Com3077: Politics, Power and Communication Submission date: 18/04/2016 Word count: 1452 words I declare that this assignment is my own work and that I have correctly acknowledged the work of others. This assignment is in accordance with University and School guidance on good academic conduct. The iconic image on social media: how a single image transformed the debate on refugee and immigrationRead MoreThe Theory Of Communication Power2139 Words   |  9 PagesTo fully understand Castells theory of ‘Communication Power’, it is first necessary to explore the origins in which it was conceived. After a brief, yet critical summary of his 2009 concept and some important definitions, connections will be made to his information trilogy to provide a cultural and historical context of change in communications technology. Whilst keeping a focus on the subject of power relations, these developments in communication theory will be further explored, working throughRead MoreThe Role Of Power In International Communication1391 Words   |  6 Pages International communication plays an important role in our society through power and perception. Regarding its relationship with power, international communication shapes the connection between media and power. At the same time, it shapes our perception by affecting the way we see cultural and economic power along with how we obtain our knowledge. International communication shows that the media is interrelated with power and influence. It has a major role in defining, maintaining, and transformingRead MoreCommunication Systems : Where Lies The Power Of Communication?1096 Words   |  5 Pages Communication Systems Where lies the power in communication? Issues Investigation - ‘Our Chemical Lives’ REPLACE THIS IMAGE Insert an image here of a chemical or atomic structure to reflect your topic. MORONIC ACID by Learning Studies Teacher: Total Word Count: (max 750!) Task Sheet SACE Rubric NonSACE Rubric FAQ Companion document SLASA Introduction Ethanol, also commonly called alcohol, drinking alcohol, or simply alcohol is the principal type of alcohol found in alcoholicRead MoreA Short Note On The Power Of Communication972 Words   |  4 PagesThe Power of Communication It was a warm autumn morning and the sun was just rising on the horizon. I was already awake and ready for my first day at the college. Later I found myself standing crusted like a statue behind the white door which reminded me an endless emotional tension that I usually experience all the time while facing a simple for some people but for me a very difficult situation to deal with. For a long period, a very deep anxiety and nervousness had been my only response to theRead MoreA Short Note On The Power Of Communication987 Words   |  4 PagesThe Power of Communication It was a warm autumn morning and the sun was just rising on the horizon. I was already awake and ready for my first day at the college. Later I found myself standing crusted like a statue behind the white door which reminded me an endless emotional tension that I usually experience all the time while facing a simple for some people but for me a very difficult situation to deal with. For a long period, a very deep anxiety and nervousness had been my only response to theRead MoreThe Classroom Power Dynamics And Communication2254 Words   |  10 PagesClassroom Power Dynamics and Communication Introduction English Language Development classes have been used to help immigrant students integrate themselves into American society. In the United States, English is the language spoken by those in power. By learning this important skill to communicate, immigrant students gain the ability to obtain access to resources, such as: higher education, knowledge, and social status. In the classroom, there is a constant power struggle between student freedomRead MoreThe Power of Technology, Modernity, and Enhanced Communication1043 Words   |  4 Pagesï » ¿Scholars and ministers alike realize that religion in the late 20th and early 21st centuries has taken on a far different socio-cultural format than ever in the past. The power of technology, modernity, and enhanced communication makes it much easier to reach out to other countries, other faiths, and other cultural paradigms. Technology, even social networks, have brought the religious experience to many that would not normally have had the opportunity to share (e.g. television evangelism, the radioRead MoreCross-cultural Communication and Power Distance1646 Words   |  7 Pagesinherent risks of Wal-Mart’s entry strategies include trust, communication, and power problems. Further more, the advantages of crossing culture diversity that are more creativity, more and better ideas, better decision maki ng can strengthen an organization’s culture. A. Analyze the Japanese culture and its impact on American MNC’s organizational culture and management? According to Hofstede’s 5 cultural dimensions U.S. is a small power distance, individualism, weak uncertainty, masculine countryRead MoreCross-cultural Communication and Power Distance1653 Words   |  7 Pagesinherent risks of Wal-Mart’s entry strategies include trust, communication, and power problems. Further more, the advantages of crossing culture diversity that are more creativity, more and better ideas, better decision making can strengthen an organization’s culture. A. Analyze the Japanese culture and its impact on American MNC’s organizational culture and management? According to Hofstede’s 5 cultural dimensions U.S. is a small power distance, individualism, weak uncertainty, masculine country

Unequal Resources Free Essays

What do we mean by hierarchy? Hierarchy is system or organization in which people or groups are ranked one above the other according to status or authority. 2. What do we mean by high-status people? High-status people could mean people with money that have power or people like celebrities that have power in Hollywood. We will write a custom essay sample on Unequal Resources or any similar topic only for you Order Now 3. What do we mean by low-status people? Low-status people could be people don’t know much about what is going on or don’t have much say in anything that is going on around them. How do you define persuasion? Persuasion is the action or fact of persuading someone or of being persuaded to do or believe something. 5. What is the difference between persuasion and dominance? Persuasion is convincing someone to believe in something and dominance is like someone making others going along with what they believe In. 6. How does Social Dominance Theory compare to Charles Darning’s theory of survival of the fittest? Survival of the fittest is all about the strongest/ smartest person serves as for the social dominance theory Is a theory of Intercrop relations that focuses on the maintenance and stability of group-based social hierarchies. Ranking Vases of Power Exercise on Page 217 Least effective = 1 Most effective = 6 2 3 6 Deliver positive/remove negative consequences. Mete out negative or remove positive consequences. Have a high position In the group. Model behavioral and personnel qualities that others respect. 5 Possess expertise. Possesses resources or Information. 4 P. S. Sorry I lost my paper but all the questions are answered and they are all there. Unequal Resources By synonymously 1. What do we mean by hierarchy? Someone making others going along with what they believe in. 6. How does Social Survival of the fittest is all about the strongest/ smartest person services as for the social dominance theory is a theory of intercrop relations that focuses on the Deliver positive/remove negative consequences. Have a high position in the group. Model behavioral and personnel qualities that others respect. Possesses resources or information. How to cite Unequal Resources, Papers

Business Case Analysis 123 Canada Inc

Question: Discuss about the Business Case Analysis of 123 Canada Inc. Answer: Introduction From the provided case study, it has been found that 123 Canada Inc is a private Canadian organisation, which has initiated its operations in 2008. The organisation is engaged in selling specialised accessories of mopeds like gloves, helmets and protective eyewear. John Smith and Karen Yen are the two owners of the organisation. With the passage of time, 23 Canada Inc has experienced a massive growth in market share around 90% and thus, it dominates the entire moped manufacturing industry in the nation. As the organisation has focused on improving quality of its products, it has to borrow funds from a big bank for financing operations. Initially, the bank did not need audited financial statements; however, the bank has made it a mandatory requirement to provide the same for granting further loans. In addition, the firm is needed to maintain a debt-to-equity ratio of 1:1. Therefore, the current report discusses the various accounting issues along with the analysis approach, alternatives, recommendations and inferences for each issue identified. Main issues: It has been observed that the private Canadian enterprises could opt to prepare their financial statements by conforming to the International Financial Reporting Standards (IFRS) or Accounting Standards for Private Enterprises (ASPE) (Cpacanada.ca, 2017). The main accounting issues that have been identified from the provided case study include the following: Challenges in accessing equity and debt financing, in case, financial reporting comparability is not adequate under ASPE and IFRS Contracts like banking agreements might need to be renegotiated Recording of transactions in terms of fair value or given-up cost related to inventory exchange Testing of annual impairment would be complex and costly after entering into agreements with two of the biggest Canadian moped retailers Recording the government grant received as revenue for purchasing a machine, as the cheque has been received in May 2014 Analysis approach to each issue: Issue 1 and Issue 2: As observed from the case study, it has been found that 123 Canada Inc has planning to specialise its manufacturing process, which is highly capital intensive. Due to this, the firm is required to borrow funds for financing its operations. In addition, it has been found out that the organisation has minimised its debt burden over the years; however, it is heavily dependent on the bank and its suppliers for ensuring growth. In the beginning, the bank did not need audited financial statements to grant loans; however, they are now a necessity after a current routine meeting with the two business owners. Therefore, in order to meet the bank requirement, 123 Canada Inc needs to prepare such statements within three months starting from 31st December 2014. In addition, the bank also requires the firms to maintain a debt-to-equity ratio of 1:1 for ensuring its security (Boritz Carnaghan, 2017). Thus, this a significant accounting issue that the organisation needs to address for conducting i ts business operations in the Canadian market. Issue 3: As found out from the case study, 123 Canada Inc has exchanged cash of $1,000 and inventory in terms of moped helmet with Karting Supplies Limited. The given-up cost of inventory has been $85,000; while the fair value of the same has been $96,000. The buying price could vary from $25 to $38 per unit, while the organisation has sold identical products to its customers for $28 per unit. The controller of 123 Canada Inc has not made any record to this transaction, since there has been exchange of inventory. The only entry made was debiting inventory and crediting cash of $1,000. This has been a major accounting issue, as the transaction entry passed needs to be rectified (Brando et al., 2013). Issue 4: 123 Canada Inc has bought a lifetime agreement of exclusivity for $25,000 with two big retailers of moped in Canada. This amount has been recorded as expense in the financial statements of the organisation. Due to the lack of knowledge of the controller regarding annual impairment testing, the cost-benefit of setting up this agreement has not been recorded as an intangible asset. The reason shown behind expensing the cost is to maintain the existing debt-to-equity ratio of 0.80:1. Thus, this accounting error needs to be rectified for preparing the consolidated financial statements of the organisation (Edwards, 2014). Issue 5: As identified from the case study, 123 Canada Inc has received a grant of $50,000 from the special funding program of the Canadian government. This has helped in offsetting the amount spent in buying a machine used in the process of production. The controller has recorded the overall amount in revenue section, as the cheque was already received in May 2014. In addition, it amortises each asset using the straight-line method. This is another significant accounting error, which 123 Canada Inc is required to take into account in preparing its income statement. Alternatives to each issue: Alternative to Issue 1 and Issue 2: According to Section 3856 Financial Instruments of ASPE, 123 Canadian Inc could hold equity securities and it could measure the same at fair value without alteration for the cost of transactions (Cpacanada.ca, 2017). This is a compulsory treatment under ASPE and carrying amount changes due to re-measurement of these securities at fair value need to be recorded in income. On the other hand, transaction costs and financing fees are attributable to acquisition or issuance of financing arrangement related to funding debt and these could be subtracted when ascertaining the initial liability measurement. This is attributable if the instrument is gauged at amortised cost, according to Financial Instruments, Paragraph 3856.07 of APES. Thus, the debt amount needs to be shown as net in the balance sheet statement. In accordance with IFRS 9, debt investments are accounted for either at fair value through profit and loss (FVTPL) or amortised cost (Bensadon Praquin, 2016). In addition, 123 Canada Inc could hold equity investments at FVTPL, until the same is not hold for trading and the investor selects at acquisition for investment at fair value through other comprehensive income (FVOCI) (Cormier Magnan, 2016). Alternative to Issue 3: According to Section 3031 of ASPE and IFRS 2, inventory is recognised at either the cost price or net realisable value, whichever is lower. In case of 123 Canada Inc, the controller has debited the inventory account and credited the cash account by $1,000. In accordance with the above-mentioned standards, these need not be treated as an expense in the income statement; instead, the given-up cost of inventory of $85,000 needs to be represented in the balance sheet statement, since it is lower compared to the fair value (Flood, 2014). Alternative to Issue 4: According to Sections 3063 and 3064 of ASPE, this standard requires an intangible asset to have an indefinite life for impairment testing, whenever any change denotes that fair value might be lower than the carrying amount. IAS 36, on the other hand, needs an impairment test for an intangible asset having an indefinite life each year. ASPE computes the impairment loss as the excess of carrying amount above fair value. IAS 36, on the other hand, ascertains the impairment loss as the excess of carrying amount above recoverable amount 9 Gray, Coenenberg Gordon, 2013). Thus, the exclusivity agreement of 123 Canada Inc should not be expensed as cost. Alternative to Issue 5: According to Section 3800 of ASPE, the government grants need to be included in ascertaining the net profit of the specific entity. The entity could either deduct such grant from the aggregate expenses or represent the same as revenue. According to IAS 20, such grant is also needed to arrive at the overall net income of the organisation. However, it could not be depicted as revenue or deducted from aggregate expenses; instead, it needs to be shown as income from other sources in the income statement of the organisation (Thornton, 2015). Recommendations for each issue: Issue 1 and Issue 2: It is highly recommended to 123 Canada Inc to adopt IFRS 9 and IFRS 2 in settling these two accounting issues. This is because there is lack of clarity and absence of plans to access both public debt and public equity markets in ASPE standard. On the other hand, IFRS would provide an opportunity to the organisation to issue equity for assuring diversification and growth through initial public offerings. In addition, such accounting policies would enable 123 Canada Inc in forming effective partnerships with foreign firms, public firms and investors. Issue 3: Despite similar accounting treatment for inventory, it is suggested to 123 Canada Inc to follow IFRS 2. This is because ASPE standards necessitate the need for an organisation to prepare financial statements principally for the lenders, owners and tax compliance. On the other hand, IFRS maintains financial reporting on similar basis like public firm competitors. As a result, 123 Canada Inc could benchmark its performance with the other public firms in Canada. Issue 4: In order to resolve this issue, the application of IAS 36 would be extremely beneficial to 123 Canada Inc in conducting its asset impairment testing at the right value. This is because the global financial executives generally support this standard, while ASPE lays greater emphasis on historical cost with lesser disclosures. Thus, the organisation needs to adopt IFRS in developing its financial statements for reaching the global investors. Issue 5: The application of IAS 20 is recommended to 123 Canada Inc to follow the path of the public organisations in Canada. In addition, this standard would help in depicting the segregation of income statements more accurately. As a result, it would help the organisation to provide long-term benefits related to financial reporting. Conclusion: It has been observed that the private Canadian enterprises could opt to prepare their financial statements by conforming to the International Financial Reporting Standards (IFRS) or Accounting Standards for Private Enterprises (ASPE). The main accounting issues involved challenges in accessing equity and debt financing, contracts like banking agreements, recording of transactions in terms of fair value or given-up cost, testing of annual impairment and recording the government grant. Based on detailed analysis and alternatives, it is recommended to 123 Canada Inc to adopt IFRS. References: Bensadon, D., Praquin, N. (Eds.). (2016).IFRS in a Global World: International and Critical Perspectives on Accounting. Springer. Boritz, J. E., Carnaghan, C. (2017). Competence-based Education and Assessment in the Accounting Profession in Canada and the USA. InCompetence-based Vocational and Professional Education(pp. 273-296). Springer International Publishing. Brando, M., Levasseur, A., Kirschbaum, M. U., Weidema, B. P., Cowie, A. L., Jrgensen, S. V., ... Chomkhamsri, K. (2013). Key issues and options in accounting for carbon sequestration and temporary storage in life cycle assessment and carbon footprinting.The International Journal of Life Cycle Assessment,18(1), 230-240. Cormier, D., Magnan, M. L. (2016). The Advent of IFRS in Canada: Incidence on Value Relevance.Journal of International Accounting Research,15(3), 113-130. Cpacanada.ca. (2017). Retrieved 30 March 2017, from https://www.cpacanada.ca/en/business-and-accounting-resources/financial-and-non-financial-reporting/accounting-standards-for-private-enterprises-aspe/publications/aspe-summary-resource-guide Edwards, J. R. (2014).Twentieth Century Accounting Thinkers (RLE Accounting). Routledge. Flood, B. (2014). The case for change in accounting education.The Routledge companion to accounting education, 81. Gray, S.J., Coenenberg, A. Gordon, P. (2013).International Group Accounting (RLE Accounting): Issues in European Harmonization(Vol. 37). Routledge. Thornton, D. B. (2015). Different Conceptual Accounting Frameworks for Public and Private Enterprises: An Analysis of Canada's IFRS Transition and Suggestions for International Empirical Work.