Art Review Essay Example | Topics and Well Written Essays - 500 words

Art Review - Essay Example Most of the foot prints are in opposite directions or overlapping and crossing each other. The background has been further ornamented with colourful blocks and circular designs in bright blue, orange, green and yellow shades. The larger footprints are mainly in darker colours of blacks and greys while the smaller ones are dominated with brighter colours of orange and yellow. The painting has been used as a metaphor for Africa. The merge of bright, vibrant colours is used to represent the political clashes and instability in Africa. The artist has used two fragmented canvases which have footprint designs in different directions, crossing each other or in the same direction. This is a metaphor for the conflicting agendas and ideologies of the African people and the two canvases represent the fragmentation of the continent on the basis of politics, culture and social agendas. Isichei explains that the painting is a representation of the continent’s instability which has disabled them from discovering their beautiful land and succumbing to contradictory ideas, agendas and political mayhem, exploiting their beautiful land. The painting grabbed my attention at the Denver Art Mueseum because of its boldness and vibrant display. The beauty of the art lies in its simplicity to convey a social or a personal idea, yet in a visually attractive manner. Still Searching by Romanus Isichei appeared as an appealing display on the wall, screaming for attention with its vivacious colours and straightforwardness. To represent the African instability only with the crossing footprints in the background of contrasting shades is indeed a beauty in itself. I have always loved to play with different contrasting bright colours and paintings that use them in a shrewd manner to express feelings and meaning, always fascinates me. I observe the paintings in Denver Art Museum that try to reach out to the observer with

Long-term financing of companies Essay Example | Topics and Well Written Essays - 1500 words

Long-term financing of companies - Essay Example If a company that has already undergone an IPO needs to raise substantial capital again and it chooses to issue new equity in order to finance it, this is called seasoned equity offering (Butler, Grullon & Wetson 2005). Seasoned equity offerings come in different variations as regards the terms of the offer such as offering the stocks at investors-at-large or through a rights offerings. Under the rights offering, the company can issue rights to the purchasing the new shares to recipient investors on a proportionate basis (Weller 1962). These rights can either be sold or utilised depending on the recipient investors (Weller 1962). In 2008, Tesco Plc has seasoned equity offering that amounted to 130 million pounds; this is consist of 3 million pounds in issue capital, and 127 million pounds in share premium (Tesco Plc 2009). According to Tesco Plc, part of this seasoned equity offering is to issue shares as stock options are exercised. The rest of it is used for additional financing to the company. On the other hand, Marks & Spencer has issued 0.5 million pounds in equity (Marks & Spencer 2009). In contrast to Tesco Plc, this issue of shares by Marks & Spencer is due to exercise of options. However, seasoned equity offerings are used by the two companies in raising funds to finance their operations. One major advantage of this source of long-term funding is the huge amount of capital that large companies such as Tesco and Marks & Spencer have access in the form of the stock market. As regards the size of the capital raised, seasoned offerings in the stock market really provide huge advantages to these companie s. Seasoned equity offerings also have some shortcomings. For one, after an SEO, it is very usual that the stock price of the company gets lower because of the increase in price. There is a period of time before the price of the stocks will incorporate the information about the company, and this

Organization and Management Essay Example | Topics and Well Written Essays - 2250 words - 1

Organization and Management - Essay Example On the other hand, there are companies that were able to successfully adopt empowerment strategies, such as the Ritz-Carlton Hotel Company. The Ritz-Carlton Hotel Company was based on the ideals of innovative customer service and is widely known for pleasure-seeking comfort and luxury. The Ritz-Carlton is a pioneer in employee training. It has transformed the service industry by achieving the Malcolm Baldrige National Quality Award. It was the only hotel company to receive the prestigious award. Currently, the Ritz-Carlton Hotel Company is supervised by Marriott International, Inc., a top international hospitality company. Mr. Marriott has created an approach that places emphasis on their human resources and provide greater satisfaction and value for the company and its employees: â€Å"1. Get it right the first time, 2. Money isn’t the only thing, 3. Create a caring workplace, 4. Promote from within, and 5. Build your brand†. Empowering employees and improving customer service were the thrusts underlying the self-motivated and autonomous work teams at the Ritz-Carlton Company. After receiving the Malcolm Bardrige Award, the Ritz-Carlton Company realised that empowering their employees, especially their front-line staff, would further motivate the staff and create an excellent customer service. With these objectives in mind, the company’s executive group embarked on an empowerment programme. After a thorough assessment of existing processes in each department, the executive group discovered several management duties for potential reassignment to hourly staff. These involved projecting budgets, interviewing and choosing members of the team, collecting payroll accounts, and creating work schedules. The company created a mission statement that was approved by the entire staff. The front-line staff began the trial with self-directed activities by acquiring the duties of the

Auditing Theory And Practice Essay Example | Topics and Well Written Essays - 2500 words

Auditing Theory And Practice - Essay Example Maybe owing to your big size, the previous audit company needed additional resources in terms of man and woman power and facilities to meet your needs. When the previous audit company held a meeting with the directors in which their responsibilities and the responsibilities of Krypton were discussed in details. The Audit Company and krypton agreed to the terms of the audit engagement. The terms of engagement which they agreed upon were documented in a form of a letter of engagement. They then discussed and agreed on the basis on which the audit fee was to be computed and any billing arrangements. We then do not understand why this is still a problem yet to be solved The last audited accounts were those for the period ended 31st December 2003. As we conduct this audit, making comparatives to the year 2004, it will make good sense if we first conduct an audit for the year 2004. To determine the implications of the figures, analytical procedures are usually performed on the financial in formation. Analytical procedures consist of mainly trend and ratio analysis with information being inferred from the resulting figures. From the financial statements of the company, the following was established. Ordinarily, a 10.16% increase in the cost of sales should lead to a corresponding decrease in stocks. Yet in this case, stocks have increased by 58.20%. The stock turnover ratio has also declined from 15.60 in 2004 to 10.86 in 2005. The stocks were expected to decrease and their increase might imply that employees could be selling their own goods brought from outside. The audit shall then focus on the existence of the stocks and their condition. In order to ascertain the genuineness of the stock figure, a revaluation test of the stocks will have to be performed to see whether their increase was as a result of a revaluation.

Shakespearean tragedies vs greek tragedies Research Paper

Shakespearean tragedies vs greek tragedies - Research Paper Example This paper aims to show elements of Greek tragedy that are present in Shakespearean tragedy, even though differences between them also exist. Macbeth Crime and punishment are the themes in Shakespeare famous tragedy, Macbeth. The lead character Macbeth is the typical Greek tragic hero because he has a tragic character flaw. This is â€Å"hubris† which also means extreme arrogance or pride that exceeds what is realistic. More accurately in ancient Greek context, it is actually a legal term that refers to actions that not only physically hurt, but also humiliate the victim, for the personal enjoyment of the abuser (Cohen, 1991). The crime therefore is not only in the harm caused but more in the pleasure taken by the abuser. In Greek tragedy, hubris, breach of hospitality, and murder are sins that are surely followed by punishment (Khare, 1998). In Greek tragedy, Paris displayed hubris when, despite the hospitality shown him by Menelaus of Sparta, he kidnapped Menelaus’ wi fe Helen, and because of this the city of Troy was destroyed. In comparison, Macbeth showed all three - hubris in his ambition to be king, murder in killing Duncan, Banquo, Lady Macduff and her children, and breach of hospitality when he murders King Duncan who was then a guest in his house. Many have likened Macbeth to Oedipus in Greek tragedy, because Oedipus was likewise guilty of all three sins. Like Macbeth, Oedipus also meets a violent death as punishment, which may be seen as the embodiment of â€Å"Nemesis† (Greek goddess of revenge) from another world (Khare, 1998, p. 196). In Greek tragedy, the Fates act as prophetesses who predict the future. In Shakespeare, the predictions are made by the three witches â€Å"or weird sisters† (Coddon, 1989). Witches are more in line with English culture and tradition, thus combining an English element with a Greek tragic element. In both instances, however, the predictions made by the Greek Fates and the Shakespearean witch es are not straightforward and have a hidden meaning that leads the hero to greater trouble. Finally, for both heroes, there is a realization in the end as well as spiritual growth, although it may have come too late for redemption. There are differences in plot between Macbeth and Oedipus, however. Oedipus committed parricide unknowingly, but Macbeth was fully aware of the evil of his deed. Oedipus reflects the classical Greek tragic element of divine intervention, which is the â€Å"perfect embodiment† in classic Greek literature. On the other hand, Macbeth is the â€Å"Renaissance† figure who â€Å"can be understood and ultimately criticised only by reference to defined standards of moral philosophy† (Sanders, 1968, p. 308). Macbeth also embodies elements of Western Christianity, whereas Oedipus reflects pre-Christian philosophy. Therefore, while Oedipus may be powerful in the ancient times because it conformed to the ethical standard of the day of Sophocles; likewise for Macbeth, which in its own style portrayed the ethical standard of Elizabethan England. The tragedy of Oedipus was the working of the gods in a divine-centric era. In Macbeth, man was the center and cause of the tragic act which reflected the Renaissance philosophy. Julius Caesar Julius Caesar is seen as a colossal hero, like Oedipus, who â€Å"

The importance of banqueting and what type of events there are and how Essay - 1

The importance of banqueting and what type of events there are and how banqueting fits in - Essay Example Many guests introduce each other during a banquet and thus one can consider banqueting as a social event. Here you meet new people and make friends. Even the marketers, now days, use banqueting to promote and advertise their products. Many marketers even hold lucky draws and other brand activities during a banquet and all of this signifies the great importance that banqueting holds for people of our generation. A special event is a one-time event and does not recur on a continuing basis. This makes it unique and it basically held for the purpose of ground breaking, grand opening or other significant moments in life. Concerts and job fairs are also considered as special programme because they cannot be repeated or reproduced. Since, special events are one-time events, special management techniques are required to make these events a success. Many people suffer from improper management of these events which kills the purpose of these events. Therefore, planning these events is the key. You need to make sure that you have the resources and manpower to arrange and successfully host the event. A good starting point in the event management is developing a check list of the resources that you need. A written checklist is important because it can be referred to in the future and important details are not forgotten. Once the event is successfully stage, you need to take some time after the event to evaluate the significance of the event, that is how well it was hosted and stage. For this, a written document is better because you can write down the details while still fresh, reducing the chances that you forget your mistake and they might reoccur again. These steps make events unique and fulfill the purpose of ho lding special events. Banqueting fits in any event as a closing gesture, and signifies the end of an event. The food that is to be

Creative Capitalism Essay Example for Free

Creative Capitalism Essay In an essay for TIME Magazine entitled â€Å"Making Capitalism More Creative,† multi-billionaire computer tycoon turned philanthropist Bill Gates (2008) espouses the potential for capitalism to flex and adapt in ways that can help address the needs of the poor or those in the developing Third World by creatively responding to them as markets with their own unique set of challenges, and as opportunities to build corporate brand recognition and prestige. In effect, Gates charges that by reconciling the self-interest of the profit imperative with that of the humanitarian drive, the world can make ‘lasting progress on the big inequities that remain. ’ Gates slyly implies that while governments, non-profit entities and other civic groups have gone to great lengths in these areas, such progress can sufficiently be hastened through the â€Å"[channeling] of market forces† and â€Å"innovation that’s tailored to the needs of the poorest.† One point of note in Gates’ piece is the benefits which accrue to corporations which can find business opportunities in the avenues of philanthropic interest. Gates opines that philanthropic recognition – such as industry report cards – go a long way to building a better brand that could potentially command the kind of consumer loyalty which makes such acts ultimately profitable. Also, Gates reminds readers that one of the reasons why the capitalist enterprise has so frequently overlooked the markets of the poor and the developing Third World is the extent to which their purchasing power is so limited as to remove them from its priorities. However, Gates notes that such a limitation applies only to individual purchasing power yet â€Å"one study found that the poorest two-thirds of the worlds population has some $5 trillion in purchasing power† and that oversight is largely a result of a failure to study their needs. Furthermore, Gates notes that because young people want to feel better about the institutions which employ them – â€Å"[they] want to feel like their company really is a be positive agent for change† – and as such, it becomes ultimately beneficial to engage in these positive acts because it is made up for with employee dedication and commitment. It becomes easier to recruit and retain them when they feel substantially invested in the company’s goals, especially if they mean more than meeting quarterly fiscal targets. It is on this note that it would be wise to consider what the implications are for companies that engage in such philanthrocapitalism with regards to performance appraisals. Not all employees are created equally and dedication to company goals does not necessarily obviate the need to review their performance and the means by which the company is able to successfully motivate them to the best of their ability. The primary consideration however, is the allocation of organizational rewards. Business consultant W. Edwards Deming (2000) defines a company’s obligations to be to all parties involved; not just to its shareholders, but to its employees, customers and the community it operates in. Therefore, any company which attempts to engage in the creative use of capitalism to address under prioritized markets (i.e., the poor and Third World) must also adopt a similar tact towards its employees. This means that organizational rewards should go beyond the conventional use of salary upgrades and promotions, but recognizing that employees will want to become more involved in the goals of the company which they respect – and that hierarchical superiority, compensation benefits or increased responsibilities are a moot point to such desires. This means acknowledging the areas at which they excel that can benefit the company in that regard, particularly innovation and strategic savvy. REFERENCES Gates, B. (2008, July 31). â€Å"Making Capitalism More Creative.† TIME Magazine. Retrieved September 4, 2008 from: http://www.time.com/time/business/article/0,8599,1828069,00.html Deming, W. E. (2000) The New Economics for Industry, Government, Education. The MIT Press.