Why Aggregate Demand Shifts Anonymous Student Essay

Why Aggregate Demand Shifts Anonymous student University of the People Why Aggregate Demand Shifts Today under review, is the study of shifting aggregate demand models and reasons why shifts occurs. We shall also discuss shifts in short run aggregate supply and possible causes for those shifts as well. (AmosWeb, 2014) This model above shows a downward facing aggregate demand curve, the aggregate demand is always represented by a downward slope. The downward slope represents aggregate demand in the relationship to the Real GDP and GDP Deflator. Fig. 1 (AmosWeb, 2014) Fig. 2 (AmosWeb, 2014) In the above models, the green line represents a shift in the aggregate demand, increased to the left (Fig. 1) and a decrease to the right (Fig. 2). We must ask why do these shifts occur and how can we counteract these shifts? Shifts in the aggregate demand are caused by innumerable factors. According to Boundless, (2014) GDP is defined as â€Å"Y = C + I + G + (X-M) is the standard equational (expenditure) representation of GDP. â€Å" C is consumption ( consumers and businesses), I is investments, G is government and X= exports M- Imports X-m is is net imports. Now a change in any one of these factors can affect aggregate demand. Government spending can have a drastic effect to GDP an increase in spending will increase aggregate demand and a decrease will decrease aggregate demand. Also if there s a scareShow MoreRelatedManagerial Economics Assignments3979 Words   |  16 Pages Date Received:........................................................... | | | Programme | Master of Business Administration | Module Name | Assignment: Managerial Economics | Surname | Amweenje | First Name/S | Edward Ludwig | Student Number | MBA1120419 | Date Submitted | 21 May 2012 | Postal Address | P.O. Box 62705 | | WANAHEDA | | Namibia | | 0000 | E-MAIL myregent email address | @myregent.ac.za | | (Please note that confirmation of assignment receiptRead MoreEducation in South Africa12740 Words   |  51 Pagesspecialist schools programme. For university entrance, a Matriculation Endorsement is required, although some universities do set their own additional academic requirements. South Africa has a vibrant higher education sector, with more than a million students enrolled in the country’s universities and universities of technology. All the universities are autonomous, reporting to their own councils rather than government. Pre-colonial education Many African societies placed strong emphasis on traditionalRead MoreMusic for Free? How Free Ad-Funded Downloads Affect Consumer Choice7031 Words   |  29 Pagespromising launch of iTunes and those of some successful followers, illegal downloads are still a key player in the market for music downloads (Elberse 2010; Gopal et al. 2006; IFPI 2009; Peitz and Waelbroeck 2005; Sinha and Mandel 2008). To address the demand for music downloads and to tackle illegal music downloads, three legal, online alternatives are available. (1) The established way relies on the principle of digital sell through (DST) and offers individual titles or bundles on a download-to-own basisRead MoreMusic for Free? How Free Ad-Funded Downloads Affect Consumer Choice7046 Words   |  29 Pagespromising launch of iTunes and those of some successful followers, illegal downloads are still a key player in the market for music downloads (Elberse 2010; Gopal et al. 2006; IFPI 2009; Peitz and Waelbroeck 2005; Sinha and Mandel 2008). To address the demand for music downloads and to tackle illegal music downloads, three legal, online alternatives are available. (1) The established way relies on the principle of digital sell through (DST) and offers individual titles or bundles on a download-to-own basisRead MoreBenefits Of Access For Quality Care5808 Words   |  24 Pagesand guarantee that goals are met. HanleyBrown et al.’s (2012) finally surmise that an independent organization(s) must be utilized in order to ensure that coordination of activities and support of all endeavors stay on track and are met. As the student researcher keeps these concepts in mind it is important to think about empowerment since it can mean everything to veterans in a community, but so can disempowerment as well. Toomey (2011) ascertains that while change agents and organizations mayRead MoreThe Study of the Factors Influencing Students Attitudes Towards Learning Mathematics in the Junior Secondary School (a Case Study of Bwari Area Council, Fct Abuja)10704 Words   |  43 PagesDo not use this project without my permission! Contact Akogu Abbai David Niger State College of Education, Minna Economics/Mathematics +234-08058455069,08068993106 THE STUDY OF THE FACTORS INFLUENCING STUDENTS ATTITUDES TOWARDS LEARNING MATHEMATICS IN THE JUNIOR SECONDARY SCHOOL (A CASE STUDY OF BWARI AREA COUNCIL, FCT ABUJA) CHAPTER ONE 1.0. INTRODUCTION This chapter provides more information on the background to the study. Definition of terms and concepts used will be explained as wellRead MoreAre Cities Dying? Essay10831 Words   |  44 Pagescity life are rising astronomically (as the analysts of the inner city sometimes suggest), This paper will summarize what we know about agglomeration economies and congesting forces in order to assess how changes in these forces will affect the demand for cities. Conceptually, a city is just a dense agglomeration of people and firms. All of the benefits of cities come ultimately from reduced transport costs for goods, people and ideas. The positive impact of agglomeration that comes from reducingRead MoreData, Analytics, and Competitive Advantage14733 Words   |  59 Pagessource of competitive advantage? Describe situations in which data might be a source for sustainable competitive advantage. When might data not yield sustainable advantage? 3. Are advantages based on analytics and modeling potentially sustainable? Why or why not? 4. What role do technology and timing play in realizing advantages from the data asset? 10.2 Data, Information, and Knowledge Learning Objectives 1. Understand the difference between data and information. 2. Know the key terms and technologiesRead MoreReport on Employee Absenteeism10010 Words   |  41 Pagesand an expensive occurrence for both employers and employees seems unpredictable in nature. Human resource is an important part of any business and managing them is an important task. Summer training is an integral part of the PGDM and student of Management have to undergo training session in a business organization for 6 weeks to gain practical knowledge in their specialization and to gain some working experience. Our institution has come forward with the opportunity to bridge the gapRead MoreCase Study148348 Words   |  594 Pagesresponsible for the content of third party internet sites. ISBN: 978-0-273-73557-1 (printed) ISBN: 978-0-273-73552-6 (web) All rights reserved. Permission is hereby given for the material in this publication to be reproduced for OHP transparencies and student handouts, without express permission of the Publishers, for educational purposes only. In all other cases, no part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical

Fracking Its Impact On The United States - 931 Words

If John D. Rockefeller, one of the first oil tycoons, were to look at the oil industry today, would he believe his eyes? With millions of oil barrels being imported and exported each year, the oil industry has changed dramatically since the 19th century. At the forefront of the oil industry is the emergence of an oil drilling technique known as fracking. Fracking is an unconventional drilling process that is accomplished by using high-pressured water to release oil and natural gas from rock formations, known as shales. The use of fracking in the United States has made it one of the top oil producing countries in the world. However, this newfound oil and gas drilling method has not come without its costs. Despite the economic boom near drilling locations, politically, fracking has caused some international relationships to be strained. Also, fracking is seen as highly controversial by conservationists because of the environmental threats that it poses. The drilling method of fracking has deeply impacted the United States from an economic, a political, and an environmental standpoint. The implementation of fracking has had a dramatic economic impact on the United States. The use of fracking in the last decade has increased the production of natural gas from shale formations by 10 times. (Issues) This has resulted in the United States moving more toward natural gas and away from coal to fulfill its energy power needs. In fact, one of the largest production growth areas ofShow MoreRelatedThe Effects Of Fracking On The United States And Its Impact On Society1947 Words   |  8 PagesIntroduction With the proliferation of fracking in the United States and its impact on so many different aspects of society from environmental to health and economic impact, it is an important topic that demands more research and along with more community awareness. Another aspect of fracking that is discussed much less than the environmental and public health aspects is that the people that benefit most from the fracking industry usually white affluent individuals do not live in the areaRead MoreFracking And The Gas Industry1573 Words   |  7 Pagesrapidly across the United States. High volume hydraulic fracturing, or â€Å"fracking,† is a process in which water and chemicals are injected into shale formations underground in order to release trapped natural gas. As fracking spreads throughout the United States, there are more and more reported cases of contaminated drinking water and illness among citizens living near fracking sites. Even with these cases, it is still difficult for the public to grasp just how dangerous fracking is to the publicRead MoreFracking, The Splitting Decision : An Analysis1726 Words   |  7 PagesFracking, The Splitting Decision: An Analysis of the Advantages and Disadvantages of Fracking Abstract Fracking, or hydraulic fracturing, is the process of drilling into the Earth and subsequently directly a high-pressure water, sand, and chemical mixture at shale rock to release the gas inside, out through the head of the well. Fracking allows firms to access previously inaccessible resources of oil and gas buried underneath the earth and hidden in the rocks. In the U.S., fracking has boostedRead MoreFracking And Its Wastewater Disposal1489 Words   |  6 PagesDat Ninh T. Drosselmeyer Engl 1113 – 088 14 November 2016 1393 words Fracking and its wastewater disposal are threatening human’s life In recent years, there has been an increasing concern about whether or not should factories keep using Fracking as their main method to extract oil and gas from the underground. Fracking, or hydraulic fracturing can be defined as the process of drilling down into the Earth and injecting high-pressurized water mixture into the ground, creating cracksRead MoreThe Effects Of Fracking On The Human Life1436 Words   |  6 PagesIntroduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 Fracking in Technical Terms†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 Threats to the Ecosystem†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 Fatalities Caused by Fracking†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...5 Dangerous Disposing of Natural Resource†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...5 Damages due to Fracking†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...5 Inside Story†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 Unrecoverable Water†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 Gaseous Concentration in Air†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 Regulations to Control the Hazards of Fracking†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦7Read MoreThe Pros and Cons of Fracking Essay1352 Words   |  6 Pagesit and how much they supply determines how much influence they have over other countries as well as the global economy. This is why hydraulic fracturing is currently such an important and controversial topic in the United States. Hydraulic fracturing, more commonly known as fracking or hydrofracturing, is the process of using pressurized liquids to fracture rocks and release hydrocarbons such as shale gas, which burns more efficiently than coal. This booming process of energy production providesRead MoreFracking : An Effective Energy Resource1144 Words   |  5 PagesHydraulic fracturing, also known as fracking, is the process of drilling wells thousands of feet below the Earth’s surface to extract natural gas deposits that are trapped in shale layers. La rge amounts of a solution containing water, sand, and chemicals are shot down the well to fracture the shale layers, thus releasing the desired product. Natural gas is seen as a potential solution to the energy dilemma that faces the world today. However, the process of fracking and the advantages and disadvantagesRead MoreHydraulic Fracturing: The Future of America’s Energy Essay1285 Words   |  6 PagesHydraulic Fracturing, also known as fracking, is not a novel concept. The hope of being able to access fossil fuels trapped inside layers of shale deep beneath the Earth’s surface was achieved by the process of fracking, developed in 1903 (energyindepth.com). Over the last century, hydraulic fracturing has become an efficient and environmentally friendly way to access the natural gas needed to meet the United States’ high demands. With the condition of the environment rapidly deteriorating, theRead MoreThe United States Of The Industrial Revolution1720 Word s   |  7 Pagesenough to satisfy every man s needs, but not every man s greed.† - Mahatma Gandhi Since the start of the Industrial Revolution the United States of America has been dependent on burning fossil fuels for energy. In 2015 nearly sixty seven percent of energy generated in the United States was from fossil fuels including coal, natural gas, and petroleum. The United States had been aware of a large abundance of natural gas in shale rock formations thousands of feet below the surface; however, when theyRead MoreFracking Is A Safe And Economical Source Of Clean Energy1146 Words   |  5 PagesDeb Herb Dr. Lazardeux POSC 211 30 November 2015 Fracking According to an article in The New York Times, hydraulic fracturing is best described as the technique used to drill down into the earth using a high pressure water mixture to fracture the rocks and extract the natural gas and oil. Approximately one million wells have been fracked since the 1940’s, most of these are vertical wells that drill into porous sandstone or limestone. New technology has allowed for horizontal drilling to capture

Frankenstein, By Mary Shelley Essay - 1543 Words

The ability to create and destroy through the use of science is one of many driving forces that lead people to choose this field of study. Mary Shelley creates a thought-provoking storyline through the eyes of scientist Victor Frankenstein in her novel Frankenstein, who experiences these driving forces. In her world-known novel the scientist fulfills his goals of giving life to a spirit-less body, playing God. Shortly after, he becomes frightened of the creature he created, making him flee his home. In doing so, the monster leaves the home and kick-starts a bloody journey of attacking his family as revenge for the lack of compassion and love he received from his creator. After the death of his youngest brother, William, and the wrongful conviction of a family friend, Victor Frankenstein is forced to protect his family and friends by trying to end the life of his creation. The purpose of Shelley’s writing is to reveal the dark workings inside the human mind. She uses this s tory to display a new writing style, describe the influence science can have on the mindset of scientists, and the disturbing outcomes that can occur with its use. Shelley, by using science within her novel, lays the foundation for a new genre of writing: science fiction. Science fiction is based on future scientific or technological advances, and is the relationship between science and the future (Dictionary.com). Her main character, Victor Frankenstein, becomes obsessed with science at a young age.Show MoreRelatedFrankenstein, By Mary Shelley1650 Words   |  7 Pagesbook of Frankenstein does one just think of a mythical science fiction book that really has no meaning? Frankenstein can have numerous meanings depending on how a person perceives it. Frankenstein can be analyzed into many themes; some say religion, feminism, or scientific symbolization, it all depends on ones own perception. When one analyzes further into Mary Shelly’s life and then interprets the novel it i s obvious that is a sociological theme. One can simply assume that Mary Shelley creates FrankensteinRead MoreFrankenstein by Mary Shelley1093 Words   |  4 Pagesfaster than man can contend with. That argument is the premises, moral, and plot base for Mary Shelleys tale Frankenstein. On the other hand, J. Michael Bishops, essay Enemies of Promise   on the other hand promotes and boast sciences achievements. However, Mary Shelley presents her point of view subtly yet very dramatically, which is much more effective than that of J. Michael Bishop. The dramatic story Shelley creates becomes a part of the reader, therefore holding the readers attention. ShelleysRead MoreMary Shelley Frankenstein859 Words   |  4 Pages Mary Shelley The Creature in Mary Shelley’s â€Å"Frankenstein or the Modern Prometheus† needs a companionship as every ordinary human. Every man needs a woman, who will able to share moments of happiness and sadness, a woman who will be able to share thoughts and of course a woman who will be able to love a man. In this case the Creature needs a bride. But the problem is that the Creature from the â€Å"Frankenstein or the Modern Prometheus† is not a human. SoRead MoreFrankenstein, by Mary Shelley1138 Words   |  5 PagesIs Frankenstein a man, whose ambition led to a disaster; or a monster, which created a life with disregard for the human race? Frankenstein, in my opinion, was the monster not the life that he had created. Frankenstein never admitted to his family what he had done, never admitted responsibility for his actions. He might as well have killed Elizabeth, William, Justine, and Clerval with his own hand. The so called â€Å"Monster† only wanted companionship; he did not want to murder those people. TheRead MoreFrankenstein, By Mary Shelley1325 Words   |  6 PagesI have been informed that you are pushing to remove the book Frankenstein by Mary Shelley from the school curriculum. I’ve decided to write to you and explain why I believe that you are misinformed, and in fact, why this is a huge importance to the students of today. Frankenstein is a classic which recounts the life and horrors of Victor Frankenstein, as told through a series of letters and narrations. His obsession with the natural world and science brings him to a state of mind which ultimatelyRead MoreFrankenstein, By Mary Shelley1580 Words   |  7 PagesFrankenstein by Mary Shelley is a sci-fi novel written during the Romantic Movement in Britain’s early nineteenth century. The movement was stimulated by the French Revolution, Industrial Revolution and in reaction against the emphasis on reason in eighteenth-century Enlightenment philosophy (The Romantic Movement, 2014 ). Mary Shelley’s husband, Percy Shelley was also a romantic poet during the movement. Shelley’s novel is evidently influenced by her relationship with her husband, which is illustratedRead MoreFrankenstein by Mary Shelley739 Words   |  3 Pagesinterconnections of humanity, nature, and divinity (â€Å"Romanticism 1†). English Romanticism being trendy in Europe, people would vent their outlooks onto their personal fiction works such as Mary Shelley. Shelley uses vivid creativity and romantic elements to create one of her admired novels, Frankenstein. In Shelley’s novel, Frankenstein, most of the characters prove their compassion for mankind, prove their rejection of technology and science, and prove their involvement in a romantic quest. These several characteristicsRead MoreFrankenstein, By Mary Shelley1040 Words   |  5 Pages In 1818, a book titled Frankenstein was published anonymously, mysteriously dedicated to William Godwin, a prominent journal ist and political philosopher of his time. The immediate reviews of the novel were mixed, most edging towards critical, although no one knew who the book was written by. However, while Frankenstein failed to gain popularity immediately, no one had any idea the lasting impact this novel would have on the world. Despite the lukewarm reception at its debut, it soon proved to beRead MoreFrankenstein, by Mary Shelley1078 Words   |  5 PagesMary Shelley’s Frankenstein has undoubtedly withstood the test of time. Frankenstein’s direct association with fundamental Gothic literature is extremely renowned. However, the novel’s originality is derived from the foundational thematic values found within the relationship (or lack there of) between Victor Frankenstein and the monster he had created, in combination with a fascinatingly captivating plot. Understandably, Frankenstein can often be associated with a multitude of concepts; however,Read MoreFrankenstein, By Mary She lley1532 Words   |  7 PagesLike any author, especially one who created a new genre, there will be criticism, and Shelley is no exception. Shelley received criticism surrounding Frankenstein not only because she was a female writer, but because of her writing style. Originally, Frankenstein was published anonymously and was thought that her husband, Percy Shelley, wrote it (â€Å"Mary Shelley Biography† 2016). Shelley may have published Frankenstein anonymously because â€Å"’women understood that they got a â€Å"better hearing† if it was thought

Carries Out The Marketing Of These Products â€Myassignmenthelp.Com

Question: Discuss About The Carries Out The Marketing Of These Products? Answer: Introduction Graincorp is a publically listed company under ASX (Australian Stock Exchange) and the major business of the company is to receive and store the commodities related to grains. The company also offers the logistics and also carries out the marketing of these products. Their vision statement represents what they want and their strategies represent how to achieve those targets. The main objective is to get the identification and become the leader in the world in delivering various retail goods and services in the fast growing retail sector and generating value for the companys shareholders at the same time through providing better working environment and asking the local people in which the company operates to take active part in the business. The strategy of the company is to focus on strengthening the core business of the company. These involve pursuing for the growth opportunities and delivering the return on the capital investment as well as expanding their business with improvement of the efficiency (Graincorp.com.au, 2016). Audit planning Audit planning involves establishment of overall strategies of audit for developing and engaging the audit plan. In particular, the audit plan includes the planning for the risk assessment process and planning the responses for the risk associated with material misstatement. Planning of audit is not the separate phase of the audit rather it is an iterative and continuous process under audit (Chou, 2015). It starts with the previous audit and goes on till the conclusion of the current audit. The audit planning is a process that is carried out through steps and under the planning the internal control and the financial aspects of the client are reviewed. It is recognized that preparing the audit plant by NY audit firm for their client Harvey Norman will require careful and in-depth observation. Different stages are there under the audit planning aspects. They are Make acceptance of the client and performing the planning for the initial audit As the business process and operating environment of each company is different, the planning of the audit must be different and specific for each company. It is observed that the business procedure and circumstances of Graincorp Limited is different as it included under the agri-business. Therefore, the agri-business industry shall be analysed before planning the audit for Graincorp Limited. It is identified that the previous years audit was performed by Price Water House Coopers, NY audit firm shall go through the previous years audit report issued by PWC and may contact the auditor before carrying out the audit of the company, if it is permitted by the company (Plumlee, Rixom Rosman, 2014). Further, the various companies that are associated with Graincorp Limited may be contacted to get any specific information regarding the client. Further, the following tasks must be carried out before proceeding for the audit plan Selecting the employees those will be engaged for the purpose of audit Recognizing the reasons behind the requirement of the client for audit Forming a understanding level with the client company The auditor will arrange a meeting with the Graincorp Limiteds executive to discuss regarding the staffs those will be engaged for the audit, areas that will be covered and analysed under the audit engagement and the availability of the information required for the purpose of audit. It is recognized from the business process and business management environment of Graincorp that they need the audit to assess the internal control effectiveness of the company. Further, they require the audit to review the true and fairness aspect of the company with regard to the financial statements of the company. The audit is further required to comment on the the conceptual framework and the accounting standards followed by the company while preparing their financial statement. Understanding the business process as well as the business industry of the client Before proceeding for the audit plan and audit, the audit firm NY must search about the industry that is the agri-business industry, in which the business of the client relates. Moreover, the auditor shall gather information regarding the business operation processes and treatment of intangible assets of the client to suggest the best available option to the company. For this purpose, the auditor mast collect information regarding the clients External as well as the internal environment related to the business Business operations and the procedures Governing regulations and management aspect Objectives and the business approaches of the client Performance measurement of the client It is recognized from the research of agribusiness that the agribusiness and food industry in Australia is one of the major part of the Australian economy and they contribute a significant part to the regional economy areas through providing service, business and employment opportunities (Pike et al., 2016). Further, the competitiveness agenda and industry innovation of Australian Government identified the agribusiness and food industry as an area of the competitive strength for the country and it prioritizes is as the growth industry through the growth centre of agri-business and food industry. Analysing the clients business risk While preparing the audit planning, the auditor shall apply strategic approaches to assess the risks associated with the business of the client and find out the basis for evaluating the error, fraud and material misstatement associated with the clients business, if any. Further, the following aspects must be confirmed by the management of Graincorp Limited that They communicated with the audit committee as well as with the auditor about the significant lack in the internal control system and the material weakness, if any. The disclosure process of the financial statement and the internal controls are in place to assure regarding the major business risk. It is recognized that the agribusiness sector in Australia is loaded with various risks and to maintain sustainability of Graincorp Limited, the risk management approach specifically for dealing with the investment risk and improving the opportunities towards asset acquisition and improvement in investment access play major role as it will support the rural communities and enhance the growth of agribusiness sector in international as well as domestic markets (Costan Popa, 2017). Apart from this, Graincorp is also exposed to the fluctuation threat with regard to income loss for the primary producers; the expected impact on the trading loss on the economy of Australia is a serious issue that require more attention from the management who are responsible for preparing the policies for international as well as national level of business Performance of preliminary analytical procedure Under the analytical procedure the financial performance of the client company is measured through various ratios and is compared with the industry average. The performance will then be compared with the previous years performance of the company to analyse the performance trend. Ratio calculation Ratio Formula Result 2016 2015 Profitability ratios Net profit ratio Net profit / sales 0.74% 0.79% Return on equity Net income / shareholder's equity 1.77% 1.76% Liquidity ratio Current ratio Current assets / current liabilities 1.56 1.72 Liquid ratio Liquid assets / Current liabilities 0.99 1.08 Leverage ratio Debt ratio Total liabilities / total assets 0.51 0.50 Debt to equity ratio Total liabilities / total equity 1.05 1.02 Analysis of financial performance It is identified from the above ratios that the net profit ratio of Graincorp Limited is only 0.74% in 2016 as compared to 0.79% in 2015. Further, the return on the shareholders equity of the company is only 1.76% and 1.77% respectively. Therefore, the profitability position of the company is under risk and the reason behind this must be found out. Considering the liquidity ratio of the company it is identified that the company is in a good position to pay off their short term liabilities with the available current assets (Gurov Milgunova, 2016). However, it must be analysed that whether the company is using its working capital efficiently or not. Looking into the leverage ratio of the company it is found that the creditor and the investor almost has the equal right on the asset of the company. Therefore, it indicates that Graincorp Limited is highly leveraged and the auditor must look into these areas and shall include the fact under audit planning. Audit test Considering the business processes and operating environment of Graincorp Limited, it is suggested that the auditor shall apply the Analytical test approach for carrying out the audit of Graincorp Limited (Jans, Alles Vasarhelyi, 2014). Under the analytical test, the performance of the company for the current year will be analysed through various ratios like profitability ratio, leverage ratio and liquidity ratio and the performance will be compared with the companys previous years performance. Moreover, under this approach the revenues as well as the expenses of the companies for the current year will be analysed and will be compared with that of the previous year (Arens et al., 2016). References Arens, A. A., Elder, R. J., Beasley, M. S., Hogan, C. E. (2016). Auditing and assurance services. Pearson. Chou, D. C. (2015). Cloud computing risk and audit issues.Computer Standards Interfaces,42, 137-142. Costan, L., Popa, S. (2017, May). The Company's Internal Audit Seen as a Piece of a Complex System. InControl Systems and Computer Science (CSCS), 2017 21st International Conference on(pp. 371-374). IEEE. Graincorp.com.au. (2016).Reports. [online] Available at: https://www.wesfarmers.com.au/investor-centre/company-performance-news/reports [Accessed 11 Sept. 2017]. Gurov, V., Milgunova, I. (2016). Improving of assessment management of the audited organizations performance at the stage of audit planning. -, (157), 115-118 Jans, M., Alles, M. G., Vasarhelyi, M. A. (2014). A field study on the use of process mining of event logs as an analytical procedure in auditing.The Accounting Review,89(5), 1751-1773. Pike, B. J., Chui, L., Martin, K. A., Olvera, R. M. (2016). External Auditors' Involvement in the Internal Audit Function's Work Plan and Subsequent Reliance Before and After a Negative Audit Discovery.Auditing: A Journal of Practice Theory,35(4), 159-173. Plumlee, R. D., Rixom, B. A., Rosman, A. J. (2014). Training auditors to perform analytical procedures using metacognitive skills.The Accounting Review,90(1), 351-369.