Sunday, May 17, 2020

The Weaknesses of Bureaucracies in Foreign Policy

The weaknesses of bureaucracies in foreign policy Though bureaucracies offer plenty of advantages for foreign policy making, they still have various weaknesses that undermine the process. Firstly, bureaucracies always base their work on standard operation procedures or SOPs as the important factor for the process of decision making. Since the bureaucrat tasks based on SOPs, as the formal rule, are considered to be efficient. Though, SOPs can be changed when they are faced with serious problems, no individual official wants to transform or change the rules since they perceive that it might be a risk to fail in public (Hill, 2003: 93). Officials adopt SOPs as the best practice of their performance in public sphere since it provides a sense of security to connect their performance with the standard rules of bureaucracies (Peter, 2010: 206). As a result, foreign policy might be undermined as it obstructs the creative ideas for creating new perspectives to deal with various emerging notions that occur in today’s world. As the rul e, bureaucracies might be recognised as the old traditional perspective and, perhaps, not appropriate to cope with new challenges in the modern time. Further, bureaucracies are considered as institutions that lack support from the people since their work is different from politics; they are not elected by the people, nor do they have to secure their performance in public like politicians. Thus, there might be lack of interest from public arenaShow MoreRelatedBureaucracies Help More than They Hinder Foreing Policy Making1600 Words   |  6 Pagesexternal levels, particularly in the international sphere. Foreign policy is a crucial tool for nations in dealing with other actors on the international stage; in order to secure their national interest, as well as to guide the appropriate direction for interacting with other actors in the world. Further, the bureaucracy is deemed as the prominent notion for constituting foreign policy. Generally, some narratives indicate that foreign policy making resulted from the output of the theory of bureaucraticRead MoreThe Sources of Kennan’s Conduct: George F. Kennan as a Shaper of U.S. Fo reign Policy 2029 Words   |  9 Pagesimpact on the exercise of American foreign policy during the Cold War. This essay assesses the overall strengths and weaknesses of Kennan as a shaper of United States foreign policy. Beginning with a discussion of the political environment within which foreign policy decisions were made, the essay continues with an appraisal of Kennan’s strengths—namely, his creation of a dispassionate, pragmatic and interests-based conception of national security—and his weaknesses—namely, the abuse this conceptionRead MoreMid Term Exam: Political Sciences1307 Words   |  5 Pagesbecause the policy will create an extra cost to their businesses and go against their interests to have more profit. They have a strong political influence because they provide jobs in the city and move the local economy. For big business companies, they may use their resources to influence lawmakers or media to go against the policy. 2. Employee in City Z For employees/ workers in city Z, they have strong interest to raise their welfare. Therefore, they will prefer to support the policy. EmployeesRead MoreBureaucracy in the Philippines - Book Review1611 Words   |  7 PagesBook Review The Bureaucracy in the Philippines Dr. Onofre D. Corpuz ------------------------------------------------- Institute of Public Administration: University of the Philippines, 1957. 268 pp. This book is about the administrative history of the bureaucracy in the Philippines. It spans from the 1560’s when Spain undertook to administer the affairs of the natives of the archipelago to the 1950’s when the Filipinos assumed the responsibility of self-government. The author presented the significantRead MoreFema s Mission Of Fema1234 Words   |  5 PagesIntroduction Throughout its history, FEMA has had two main missions. First, FEMA’s mission is to enhance the federal government s capacity to deal with and survive foreign attacks. The main types of foreign attacks that FEMA is tasked to respond to relate to terrorist attacks and nuclear war. The second mission of FEMA is to assist state and local authori ¬ties to respond to man-made and natural disasters that are to enormous for the local and state resources to respond to efficiently. While nationalRead MoreHealth Care System Of Nepal1033 Words   |  5 Pagesdistributed. In addition, insufficient resources available for preventive and promotive medicine and the occurrence of non-infectious diseases such as cancer and cardiovascular diseases has been increasing. The Government recently introduced a Health Policy encouraging the private sector to invest in the production of health workers and in providing quality health services. As a result, several private health institutions have bee n founded and are expected to contribute to the development of the humanRead MoreIndonesia in the 1980s1213 Words   |  5 PagesIndonesia’s industrialisation policies play an important role in supporting the achievement of high and sustained economic growth. The move towards export promotion from import substitution in the mid-1980s succeeded in restructuring the economy from agriculture to semi-industrious. As a result, the role of industry within the economy has become increasingly important, and whilst it has been successful within its own sphere of socio-economic prosperity and sustainability, in relative terms, IndonesiaRead MoreFdi Essay1242 Words   |  5 PagesSome leading scholars argued that the existence of national laws and policies has significantly determined the extent to which a countrys success or failure to benefit from trade and investment agreements. Hernando De Soto (2000) claimed that formalities and inefficiencies in the legal systems of developing countries have made them fail to enjoy the benefits of capitalism. Trubek (2006) then identified how legal cultures of developing countries were highly ‘formalist’, leading to weak enforcementRead MoreState Capacity Of The United Nations And European Union1583 Words   |  7 PagesBrothers in the United States. The crisis slowly spread throughout the world, with Europe slipping into recession during 2009. 2 The crisis spread faster and into every layer of society due to slow decision-making capacity. Too often, institutional weaknesses meant that tough decisions on worrying macroeconomic developments were postponed.3 Later, I will discuss the decision making challenges that Belgium faced. Before the economic crisis, Belgium had a strong economy. Public debt was moderatelyRead MoreThe Period of the Great Depression and Political Issues in America1767 Words   |  7 PagesRepublican presidents wanted to get back to serving the public with less direct government intervention and more co-managing with big business. After WWI, the United States turned and from its international interest to its traditional style of foreign policy such as military unpreparedness and isolationism. The â€Å"Old Guard† wanted to get back to its old business of laissez-faire business with government helping businesses push profits but keep their hands off business at the same time. Harding allowed

Wednesday, May 6, 2020

The Power of Magic in A Midsummer Night’s Dream - 1475 Words

In William Shakespeare’s book, A Midsummer Night’s Dream, magic is a powerful and useful tool for the characters that have the capability to use it. Some of the characters abuse the power of magic, while others are more responsible in how they use it. Oberon is one the characters that abuses the power of magic. Oberon’s magic has an immense impact on the plot of A Midsummer Night’s Dream. More specifically, Oberon’s magic affects his own life, the lives of other characters, and all the characters in the story experience his magic differently. We will see that even the person who has power to use the magic can become surprised by it. Magic, the ultimate supernatural power, is often unpredictable and inexplicable. In A Midsummer†¦show more content†¦This is explained in the quote, â€Å"Masters, I am to discourse wonders: but ask me not / what; for if I tell you, I am no true Athenian. I / will tell you every thing, right as it fell ou t† (4.2.29-32). Bottom experiences this odd the situation; however he considered it to be a dream. He never suspects the doing of magic because he is a human who has never experienced magic. Bottom cannot grasp the concept of magic. Bottom’s friends are scared of the results of the magic when Puck transformed Bottom’s head. Quince says,â€Å"Bless thee, Bottom! Bless thee! thou art translated† (3.1.120). After seeing the transformation the friends run away because they are afraid. Shakespeare seems to make fun of the humans and their insufficiency in with some areas. For example, humans cannot grasp the concept of magic or fairies. Instead of thinking about how the transformation happened they are simply too scared. Not to mention that throughout A Midsummer Night’s Dream, he makes fun of the amateur actors and their ability to perform the Pyramus and Thisbe play. Lysander and Demetrius are the two Athenian lovers experience magic. They both experience the love potion and both fall for Helena. Helena is a human, and cannot understand the magic used on Lysander and Demetrius. Helena chooses to believe the men are playing a joke on her. Helena said, â€Å"Never did mockers waste more idle breath† (3.2.1206). Helena even says to Hermia, â€Å"Have you conspired, haveShow MoreRelatedManipulating The Supernatural : William Shakespeare s Othello And A Midsummer Night s Dream883 Words   |  4 Pagesgenerate more recognition for his plays. Throughout Shakespeare s plays, Othello and A Midsummer Night’s Dream, he appeals to the audience by relating to their human nature. One of the major observations of human nature that Shakespeare likely made and incorporated into his plays is the human desire to be drawn toward the seemingly supernatural and unknown. In the first of the two plays, A Midsummer Night’s Dream, Othello sets a stage consisting of two dimensions: a typical perception of late fifteenthRead MoreShakespeare: Magic and Supernatural Occurances Essay1705 Words   |  7 PagesMagic and supernatural occurrences in Shakespeare’s A Midsummer Night’s Dream, Richard III, and The Tempest are used to create a surreal world to confuse and resolve conflicts in each play. Magic provides the audience with an escape from reality and the comfort of the play’s unrealistic nature. 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There are many reasons why this film has the element of magic, one of the reasons I found when researching wasRead MoreAnalysis Of The Article Twelfth Night 998 Words   |  4 Pagesmagical freedom that A Midsummer Night’s Dream encompasses. Mahood delves into the cultural significance of Puritanism early in the 17th century through the character of Malvolio. Although Twelfth Night is a comedy, the presence of morally strict Puritanism affects the lightness of the play. The Puritan Revolution took away the foolish fun and celebration in life. Mahood connects the cultural context with Malvolio’s objection of fun throughout the play. A Midsummer Night’s Dream is completely andRead MoreAnalysis Of Midsummer Night s Dream 1251 Words   |  6 Pages Midsummer Night’s Dream is a perfect example of just how deceit can tear people apart. When trying to force a situation into something/ a situation you wish it to be you can end up putting yourself in quite the compromising position. It is a good story on the struggles of true love, parents wills, and fighting for what one believes in, with just a hint a magical alure to it and a slight pull of betrayal to make things even more interesting. In the end though, just as almost every other love storyRead MoreA Descriptive Bibliography Of Shakespeare s A Midsummer Night s Dream 1542 Words   |  7 PagesA Descriptive Overview of Shakespeare’s â€Å"A Midsummer Night’s Dream† William Shakespeare was born April 1564 and grew up in Strafford-upon-Avon. He wrote â€Å"A Midsummer Night’s Dream† in his early years as a playwright. He also wrote the play is a mixture of romance and comedy. It tells the story of four young people who fall in love with each other with the aid of magic. 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Accounting Concepts and Principles

Questions: 1. Parties responsible for hiring the top management of hospital.2. Major and regular source of financial information.3. Types of information contained in the financial statements prepared under GAAP.4. Individuals interested in using the information in the financial statements.5. Decisions that can individuals can make based on the financial statements under GAAP.6. Difference between the external reporting of GAAP based financial reports for a non-profit and for-profit hospital.7. Government regulators that can demand financial information.8. Explanation of the statement - No margin, no mission.9. Justification for the reimbursement for the blood draws the fair market value. Answers: 1. Parties responsible for hiring the top management of hospital As per the regulations stipulated under US Generally Accepted Accounting Principles, the Board of directors appoints the chief executive officer (CEO) of corporations. The board of directors represents a body of elected or else appointed members that are responsible for overseeing the overall activities of the organization (Maher et al., 2012). The hospital administrator also needs to know the parties responsible for hiring the top management of the hospital. The hospital administrator is also a stakeholder of the firm and have own interest in knowing the objectives, policies and the dealings of the management. 2. Major and regular source of financial information Company utilizes major source of financial information at the time of conducting financial analysis. These sources of information are of sufficient quality for rendering undistorted description of company financial situation of the hospital top management at the time of periodic meetings. External financial information and quantifiable financial information are necessary for the top hospital management for gaining feedback at the time of periodic meetings (Maher et al., 2012). Annual reports of the company come as best source of financial information in making the financial analysis in the most appropriate way. Annual reports are majorly prepared by the accounting units for getting financial statement figures checked by an auditor for detailed accounting statement. Unlike other financial statement, annual report does not focus on past data and contains data concerning facts presented by Senior Management at periodic meetings. The Ministry of Finance provision helps in enabling every interested person to assess the annual reports. Its major financial parts are mainly approved from outside from major accounting units in the final accounting statement in the most effective way (Maher et al., 2012). The Board of Directors of the Blue Sky can collect the important information from different accounting standards stipulated under the Accounting Standards Codifications (ASC) developed by the Financial Accounting Standards Board. Again, the ASC can be regarded as the only source of trustworthy GAAP in US. The public corporations can also prepare and present the financial information based on the records of the different financial actions, positions of a particular business. In addition to this, the board also gathers financial information of the balance sheet from various reports on assets, liabilities, equity of the owner of the Hospital. Furthermore, the Board of Directors also presents the income statements founded on reports on revenues and expenses enumerated as pe r the guidelines in the Generally Accepted Accounting Principles (GAAP). The statements is a comprehensive version of all the information on the company regarding the liquidity position, different resources of the capital, different revenues, cost of revenues and expenses. 3. Types of information contained in the financial statements prepared under GAAP The types of information contained in the financial declarations prepared under GAAP include the scope of the declarations. The financial declarations of Blue Sky concerning the income statement illustrates the sales and revenues, cost of sales, operating expenses, non-operating income as well as expenses, other requirements of presentation, allocation of expenses to different subsidiaries for the private corporations (Reeve et al., 2012). The operating expenses mainly includes information on advertising expense, provision for different doubtful accounts, depreciation as well as amortization of long-lasting assets along with research and development expenses among many others. The income statement provides the information concerning different items of the non-operating income and expenses. In addition to this, information also includes the interest expense and amortization of debt discount, gains or losses on the sales in addition to the government grants (Horngren et al., 2012). The income statement also contains the information regarding the presentation requirements that comprises of the income or loss before different income tax expenditures, income tax expenditures, equity in earnings of unconsolidated business entities, records of income and losses from different continuing business operations. The profit or loss statement also explicates the information regarding different discontinued business functionalities, registered income or else loss from different extraordinary items and cumulative effects of alterations in different accounting principles (Needles et al., 2013). Again, the profit and loss statement also presents useful information regarding the allocation of expenses to different subsidiaries and considerations for diverse private corporations. The financial report also helps in gaining information regarding the equity of the shareholders. The report on shareholders equity thereby helps in acquiring information concerning the scope of the declar ations, disclosures for different classes of securities, common stock, preferred stock, retained earnings, treasury stock, additional paid-in-capital, dividends, and stock splits among many others. The statement of the cash flow provides information regarding the cash and cash equivalents, gross and net cash flows of a particular business concern, different classifications of cash, foreign currency cash flows and cash flows from operational, investing and financing activities. The balance sheet statement prepared as per the GAAP (ASC 205) helps in acquiring information regarding the operating cycle, current assets, non-current assets, current liabilities, non-current liabilities, commitments and contingent liabilities, shareholders equity, additional paid-in capital (Maher et al., 2012). 4. Individuals interested in using the information in the financial statements In the above case study on Blue Sky, there are various users of financial statements. The main aim of a financial statement is to provide information regarding the financial position as well as changes in wide-range of users in making final economic decisions as per the IASB Framework. Some of the users of financial statements are as follows: Managers and in other words the administrators of the hospital are the individuals who require financial statement in managing the business affairs of Blue sky. It aims at assessing the financial performance as well as taking most important business decision-making processes (Maher et al., 2012). Shareholders of the corporation Blue Sky are the individuals who use financial statements who assess risk as well as return on investment in Blue sky. They mainly take investment decisions based upon the analysis. General Public consists of those individuals who may be interested in effects of company on economy as well as environment and local community at the same time. The people in the community are also interested in the reports of the healthcare company Blue Sky as the company contributes towards overall well-being of the community. Competitors are those individuals who compare their performance with rival companies to learn and develop strategies for improved competitiveness .Government majorly requires financial statements in determining the correctness of tax as declared in the tax returns. They also keep track of all the economic progress with the help of the financial statement of business from various sectors of economy (Maher et al., 2012). Employees are the individuals who use financial statements in assessing Blue-sky profitability as well as its consequences on future remuneration and job security. 5. Decisions that can individuals can make based on the financial statements under GAAP Managers- Under GAAP, managers of Blue-sky hires experienced professionals those who are entrusted with the responsibility of operating business. They mainly act as agents of business owners of Blue-sky. General Public- Under GAAP, anyone outside the company such as students, analysts as well as researchers and others shows interest in financial statements in the present case study. Government- Under GAAP, Government bodies of the state involves the tax authorities in the final entity financial information especially for taxation and regularity purpose. Taxes are mainly computed for resulting operations and other related tax bases. In general, implications, state requires in knowing the rate of the taxpayer for determining in the tax due for particular time (Needles et al., 2013). Employees- Under GAAP, employees are mainly shows interest in Blue-sky profitability as well as stability. They are actually proves for viewing at the ability for paying salaries as well as employee benefits at the same time (Needles et al., 2013). They are even interested in understanding the financial position as well as performance in assessing company expansion possibilities for related career development opportunities. In addition to this, there are internal and external users referred as managers, who use the accounting information in the final decision-making activities in relation with the company operations. On the contrary, external users are those users who are not directly involved in operational activities of the company but possess financial interest (Needles et al., 2013). 6. Difference between the external reporting of GAAP based financial reports for a non-profit and for-profit hospital There are several differences between the external reporting of GAAP based financial declarations for profit and not for profit organizations. There are variances in the treatment of tax, preparation of the balance sheet and income statement (Harrison et al., 2015). - The for-profit organization needs to make payments for tax on the income earned. However, this is not the case for the non-profit firms in case if the non-profit business unit is exempt from tax. The non-profit organizations are subject to different taxes that are essentially secondary to the scope of the organization such as the sales tax and the estate tax. Again, the non-profit business concerns that submit the tax returns to the IRS (Internal Revenue Service), the business units are primarily assessed for different secondary taxes. On the contrary, the IRS also investigates earnings of different for-profit organization along with the secondary taxes. - The for-profit business concern prepares and presents the balance sheet every quarter and lists the owners equity of the corporation. The owners equity comprises of assets that a company owns in addition to different liabilities that the corporation owes to others (Reeve et al., 2012). Again, the non-profit organization also cannot make use of the balance sheet, as it has no owner. - The financial declarations need to compile the statement of financial condition. The addition of the assets to the liabilities provides the net assets of the corporation. The professional accountants of a corporation can examine the net assets to evaluate the financial size of the particular non-profit. Again, along with the balance sheet of a for-profit business concern, the for-profit business units also need to prepare the income statements every quarter. - The income statement of the firms declares the revenues, profits, expenses as well as losses of a business concern (Needles et al., 2013). The primary aim of the income statement is to evaluate the financial performance of the corporation on a quarterly basis. The assessment of the financial performance exerts immense influence on the value of the corporation and price of the shares (Needles et al., 2013). The stockholders of the business concern have a lawful authority to the income statement. On the contrary, the non-profit business concerns do not amass the income statement but can prepare the declaration of activities each quarter. This particular document can simply chart the revenue of the organization after deduction of the expenses and addition of the assets. 7. Government regulators that can demand financial information The government regulators in US that demand financial information include the Federal Housing Finance Agency (FHFA), Office of the Comptroller of the Currency (OCC), Securities and Exchange Commission (SEC) and Financial Stability Oversight Council (FSOC) among many others. The OCC is a prudent regulator of the bank; SEC is the regulation of the Securities and Exchange Commission. Again, the FHFA is essentially the regulator of other actions and the FSOC is the coordinating forum. The primary objective of the financial regulator is to gain information regarding the confidence of the market, stability of the business, regulation regarding the foreign participation and decrease in the financial crime. 8. Explanation of the statement - No margin, no mission The for profit organizations and the not for profit business concerns have different goals and objectives and both of them need to design the financial models that can the organizations to thrive. The policy of no margin and no mission can help the nonprofit organizations to gain admittance to professional guidance so that the organizations can explore new ways to develop organizations with different revenue sources. This in turn can sustain and at the same time extend the capacity to perform good activities in the society (Horngren et al., 2012). With increase in the profit margin of an organization, the corporation can extend the entire mission and purpose of the organization. Therefore, the initiative is all about igniting interest in total income earned, exploring opportunity, distributing as well as connecting different experiences and planning. The initiative of no margin and no mission can help in the implementation of income earned policies in the non-profit business concerns throughout different areas. The statement no margin refers to the fact that the owners having no profit margin do not have any mission (Horngren et al., 2012). The objective of the margin in the wider context of the mission of Blue Sky is to manage different resources that the company is entrusted with for sustainable development. Again, the enhancement of the margin of Blue Sky can also be carried out by the process of establishment of predetermined goals founded on long-term solvency, plant and equipment impairment techniques, recruitment and benefits of the employees. The development of the margin can thereby help in the achievement of the mission of the corporation. 9. Justification for the reimbursement for the blood draws the fair market value The reimbursement for the blood draw the fair market value as it provides an estimate of the market value of a particular property based on what well-informed, willing purchasers can pay to knowledgeable, eager and unpressured sellers in a specific market. The fair market value is considered in this case as the probable price at which the enthusiastic purchasers can purchase from the willing sellers at the time when both are un associated, knows the pertinent facts and is neither under any kind of compulsion to purchase or sell (Weil et al., 2013). However, the fair market value is generally for the tax assessment as well as court awards. The HDL is S Corporation, a limited liability corporation that follows the US tax laws where the liability for the tax is borne by the shareholders of the corporation. The company used to make payments to doctors for the blood sample tests. However, the company stooped making the payments after the generation of the alert from the US Department of H ealth and Human Services that signaled a considerable risk of fraud. The HDL also put forward the argument that it fairly compensated the doctors for drawing the blood samples that is for the labor cost involved in the activity. The company has argued that it has paid the fair market value for the entire process involved in handling the blood sample that includes vial labeling, cooling and shipment coordination among many others. The payment or the reimbursement is in fair market value as the terms of agreement is established in advance. The aggregate compensation is steady with the fair market value in different arms length transactions and is not set in a manner that takes into consideration the volume or else the value of any kind of referrals generated between different parties. The reimbursement for drawing the blood sample is therefore, considered to be in fair value as the purchaser paid to well-informed, willing and unpressured seller in the specific market. The company HDL made payments to the doctors for the blood drawing as per the contracts to which they willingly agreed. Therefore, the fair market for the reimbursements for the blood draw is completely justified in this present case. The estimate of the fair market value is justified, as the notion is subjective owing to different state of affairs, places, time, and existence of different comparable precedents and analysis of principles of different individuals involved. Reference List Harrison, J. S., Van der Laan Smith, J. (2015). Responsible accounting for stakeholders.Journal of Management Studies,52(7), 935-960. Horngren, C., Harrison, W., Oliver, S., Best, P., Fraser, D., Tan, R., Willett, R. (2012).Accounting. Pearson Higher Education AU. Maher, M. W., Stickney, C. P., Weil, R. L. (2012).Managerial accounting: An introduction to concepts, methods and uses. Cengage Learning. Needles, B. E., Powers, M., Crosson, S. V. (2013).Principles of accounting. Cengage Learning. Reeve, J. M., Warren, C. S., Duchac, J. E., Du, X., Yu, Z. (2012).Principles of Accounting. South-Western Cengage Learning. Weil, R. L., Schipper, K., Francis, J. (2013).Financial accounting: an introduction to concepts, methods and uses. Cengage Learning.