3 More Types of Not Only . . . but Also Errors

3 More Types of Not Only . . . yet in addition Errors 3 More Types of Not Only . . . yet in addition Errors 3 More Types of Not Only . . . yet in addition Errors By Mark Nichol Blunders of flawed parallelism in sentences in which â€Å"not only† and â€Å"but also† help portray correlative expressions come in three general classifications, as appeared, clarified, and remedied beneath. 1. This issue identifies with openness as well as to culmination, exactness, and legitimacy of the information. In a basic sentence utilizing â€Å"not only† and â€Å"but also,† an action word that applies to the two expressions must go before â€Å"not only†: â€Å"This issue relates not exclusively to openness yet in addition to culmination, exactness, and legitimacy of the data.† (Otherwise, the supposition that will be that an action word particular from the one after â€Å"not only† will show up after â€Å"not also† in corresponding to the first, as in â€Å"This issue identifies with availability as well as applies to fulfillment, precision, and legitimacy of the data.†) 2. This progression presents a specialized change, however acquaints dangers related with relocating with the cloud. In this model, equal action words should follow the particular arrangement phrases â€Å"not only† and â€Å"but also†: â€Å"This step presents a specialized change as well as acquaints dangers related with moving with the cloud.† (Note, as well, the erasure of the comma and the presentation of moreover.) 3. Along these lines, the courts have been focal, not exclusively to the protection of American opportunity, yet additionally to its extension. In â€Å"not just . . . be that as it may, also† developments, a comma is regularly embedded before â€Å"but also† (or before however alone when additionally is excluded, as in the model above), yet the accentuation mark is superfluous on the grounds that what tails it's anything but an autonomous statement or an incidental expression. Here, the primary comma is right, the subsequent one (expecting the third is precluded) is faultless for accentuation however is unessential, and the third is a misstep, as clarified in the main sentence in this conversation: â€Å"In along these lines, the courts have been focal not exclusively to the protection of American opportunity yet in addition to its expansion.† Besides, the presence of the second and third commas together is a twofold blunder; the consideration of this pair of accentuation stamps mistakenly infers that what is contained inside is incidental. (To test for the legitimacy of the accentuation, see the sentence without the mediating expression: â€Å"In along these lines, the courts have been focal yet in addition to its expansion† is ungrammatical, so the commas are off base.) Need to improve your English in a short time a day? Get a membership and begin getting our composing tips and activities every day! Continue learning! Peruse the Grammar class, check our well known posts, or pick a related post below:Avoid Beginning a Sentence with â€Å"With†A While versus AwhilePreposition Mistakes #1: Accused and Excited

Key Problems With The Current System In Kariba †Free Samples

Question: Talk about the Key Problems With The Current System In Kariba. Answer: Keys Problems with the present framework The Kariba case is an astounding case of wrong administration of open riches and use and along these lines income portion. It shows that the assets havent been designated well. A very much characterized and working open consumption framework ought to incorporate inside itself a portion of the attributes like straightforwardness, ideal allotment of the accessible assets, precision, practicality, engaged and key endeavors, responsibility, adaptability, productivity in the use of assets, and so forth. (Alexander, 2016). A portion of the key issues with the present framework in Kariba are recorded underneath: Moving to the money financial plan: Under the all around oversaw frameworks, there is an affirmed and very much arranged use spending plan and thefinance service ought not over surpass its spending plan, desires or guage sums. The legislature ought to follow discipline in its monetary strategy without being depending vigorously on the accessibility and move of money. Therefore, so as to abstain from moving to money spending plan, it ought to be appropriately arranged and followed. Lopsided assignment of consumptions not in accordance with the needs: The administration has characterized targets toward the beginning. It expects to build the offer in social, financial, lawfulness and diminish the assignment to safeguard and organization area regarding intersectoral circulation, though it is meaning to expand the offer for essential tutoring and human services and diminishing the offer for tertiary part in the intrasectoral allotment. Much after these needs, assets are not being spent and disseminated deliberately as arranged (Boccia Leonardi, 2016). Colossal hole between the official and genuine procedure of planning: This is one of the significant weakness and principal issue in Kariba framework as it needs believability and responsibility because of which officials don't pay attention to the planning procedure and frequently wind up designating the equivalent to the unpracticed junior individuals. This makes the spending plan and use arranging sway and the goals are not being met and subsequently, the assets are squandered. Powerlessness to get the convenient, precise and complete reports on open use and income allotment: For the particular government divisions to work successfully and effectively, they ought to approach the auspicious and exact reports on consumptions which will assist them with analyzing the varieties and deviations and help them to make the remedial move, yet the equivalent isn't accessible (Dichev, 2017). Inability to put the responsibility on one single individual or division: Because of the fracture between the offices and the focal and line offices, the obligation regarding dealing with the spending plan isn't fixed on any single office. This makes it hard to make the spending officials at risk and responsible for not gatherings their objectives. Absence of motivating forces: This is one of the serious issues which upsets the proper, compelling and effective utilization of the open assets, as there is no motivator for such an activity and meeting the objectives. Absence of trust among the organizations engaged with the planning procedure: There is tremendous pressure and doubt among the groups and individuals in the focal and nearby offices who are associated with the planning procedure (Goldmann, 2016). The common coordinated effort is absent in the Kariba planning process without which it can't be a triumph. There are numerous other little and integral purposes behind the disappointment of current framework past what is expressed above in the focuses. How Philips should move toward the issue The previously mentioned issues of open consumption and income distribution should be reviewed on need and there are barely any manners by which the equivalent can be standardized. Motivating force is the best plan which can assist the individuals with looking all the more truly into the open assets framework and legitimate portion of the equivalent. The distributions of the assets happen self-assertively and in a non-straightforward design which makes it powerless against the political intercession and control in view of which divisions like barrier get less assets to the detriment of bureau officials needs. Here are a portion of the manners in which that Philips should give it a shot: Bureau must assume the liability of appropriate portion of the obligations and spending plan to the line services and ought to consent to the monetary motivation and from that point do a legitimate bookkeeping, recording, checking and scattering of the assets and obligations to the particular divisions(Trieu, 2017). Lasting secretaries ought to follow increasingly exacting and proficient methodology and ought to be made legitimately responsible to the secretary of the bureau as opposed to their individual priests. A feeling of common trust and better understanding and cooperation ought to create among the bureau division and working services their duties ought to be plainly characterized and isolated with no covering. The entire planning procedure ought to be restored and redone by expanding the exactness of the anticipating of planning gauges, by guaranteeing that Ministry of Finance pays attention to the procedure more and a straightforward methodology is being followed with greater association of the senior leaders(Kew Stredwick, 2017). Utilization of the participative planning method rather than the forced planning procedure which will help the line services to work all the more autonomously and set up their own financial plans with adaptability to such an extent that they are stay inside the ambit of the monetary parameters. The real and arranged distributions of assets ought to be co related and the procedure ought to be fortified with the goal that the assets are first being used for the high need territories. This will call for vital arranging inside the bureau service and execution of the equivalent. The bigger spending targets ought to be separated into littler time to guarantee more precision and centered endeavors. Open spending which ought to be a genuine capital planning system is at present a list of things to get or only a shopping list action for the contributors. The equivalent ought to be upgraded and the need tasks should initially get the assets. The long hanging ventures and even the future ones ought to be examined for their pace of profits and the degree to which they meet the present government needs (Kew Stredwick, 2017). Post legitimate investigation, the sum ought to be designated for the open speculation program and responsibility must be characterized. The political decision in any nation presents significant issues inside any nation according to basic perspective. Consequently, for the Karibaian government to advance, it ought to decrease the open area size with the goal that sum and assets can be similarly dispersed among the talented staff compensations and financing of the fundamental requirements(Visinescu, Jones, Sidorova, 2017). Subsequently, Philips through casual responsibility framework and aggregate weight on the service can get the above focuses into thought to improve the present circumstance in Kariba. References Alexander, F. (2016). The Changing Face of Accountability. The Journal of Higher Education, 71(4), 411-431. Boccia, F., Leonardi, R. (2016). The Challenge of the Digital Economy. Markets, Taxation and Appropriate Economic Models, 1-16. Dichev, I. (2017). On the applied establishments of monetary revealing. Bookkeeping and Business Research, 47(6), 617-632. Goldmann, K. (2016). Money related Liquidity and Profitability Management in Practice of Polish Business. Money related Environment and Business Development, 4, 103-112. Kew, J., Stredwick, J. (2017). Business Environment: Managing in a Strategic Context (second ed.). London: Chartered Institute of Personnel and Development. Trieu, V. (2017). Getting an incentive from Business Intelligence frameworks: An audit and research motivation. Choice Support Systems, 93, 111-124. Visinescu, L., Jones, M., Sidorova, A. (2017). Improving Decision Quality: The Role of Business Intelligence. Diary of Computer Information Systems, 57(1), 58-66.

Third-Person Omniscient Heres What You Should Know Before Writing With It

Third-Person Omniscient Heres What You Should Know Before Writing With It Perhaps one of the oldest forms of narrative, the third-person omniscient perspective was the standard point of view for most 19th-century novels, including works by Leo Tolstoy and Charles Dickens. And it certainly hasnt lost its status as a favored storytelling method. Philip Pullman made great use of the narrative approach in the His Dark Materials trilogy, Cormac McCarthys fatalistic western Blood Meridian uses third-person omniscient point of view, and The Game of Thrones is likewise popular with its omniscient narrative approach. Its a particularly favorite narrative choice for Sci-Fi and Fantasy genres and was Tolkiens choice for The Hobbit and The Lord of the Rings.What is third-person omniscient point of view?In its simplest definition, third-person omniscient point of view takes an all-knowing approach to narrative technique, as the narrator knows or can access what any character is doing, thinking, or feeling, at any point of the story. The narrator also knows the end and can reveal pieces of information from this god-like perspective that limited narrators cannot reveal.The beauty of third-person omniscient point of view is an element of objective reliability or truthfulness to the plot. The third-person omniscient narrator is as close to a reliable narrator as you can get. And while the narrator might certainly interject their own humor, thoughts, judgments or personality into the narration, the reader knows that the narrator has seen it from the birds eye point of view and is, therefore, to be believed. This forms a sense of intimacy with the narrator but can have the negative effect of placing emotional distance between the characters and the reader.What does third-person omniscient point of view look like?The best way to understand third-person omniscient perspective is to look at how it has been used in classic literature of the past. For example, the following excerpt from William Goldings Lord of the Flies uses a third-person omniscient point of view:Within the diamond haze of the beach something dark was fumbling along. Ralph saw it first and watched till the intentness of his gaze drew all eyes that way. Then the creature stepped from mirage on to clear sand, and they saw that the darkness was not all shadow but mostly clothing. The creature was a party of boys, marching approximately in step in two parallel lines and dressed in strangely eccentric clothing. Shorts, shirts, and different garments they carried in their hands; but each boy wore a square black cap with a silver badge on it. Their bodies, from throat to ankle, were hidden by black cloaks which bore a long silver cross on the left breast and each neck was finished off with a hambone frill. The heat of the tropics, the descent, the search for food, and now this sweaty march along the blazing beach had given them the complexions of newly washed plums. The boy who controlled them was dressed in the same way though his cap badge was golden. When his party was about ten yards from the platform he shouted an order and they halted, gasping, sweating, swaying in the fierce light. The boy himself came forward, vaulted on to the platform with his cloak flying, and peered into what to him was almost complete darkness.William Golding, Lord of the FliesA narrator of distinctionOne great benefit to the third-person omniscient point of view is the way in which it allows a writer to juxtapose the narrator against the rest of the characters in the story. The narrator sits outside of it (the plot) but entertains running commentary on it all the same, allowing writers to create narrators who are historians of sortsâ€"narrators who introduce the reader to an (often) epic world to which he or she holds the keys. The reader can learn as little or as much about the world as the narrator allows. This makes the persona of the narrator far more important than it is for narrators with limited viewpoints, but one that must be crafted carefully to avoid confusio n for the reader.Think of the third-person omniscient narrator as a director of a movie. The director will move from cinematic, sweeping vista shots to allowing the audience to hear intimate conversations between characters, while also casting a certain tone on the storyâ€"whether fatalistic, or optimistic, or romantic. The narrator plays a large role in setting the tone, and in such, plays a role that is as important (but different) than that of the characters.It is important to keep in mind however that its never a good idea to reveal the narrator or give him/her a name in third-person omniscient point of view. Let him or her be the all-seeing eye, but never known as part of the story or cast of characters.So 19th-century novels used itâ€"does it work today?Run an Internet search on all things third-person omniscient and youll find multiple articles arguing against its effectiveness as a narrative viewpoint for modern readers. In fact, some insiders of the publishing industry will argue that publishers dont want to read manuscripts in this point of view because there are too many potential problems a writer can encounter with it. And there is some truth to the complications the perspective can cause in a story. However, despite the pros of using third-person omniscientâ€"and of course, the parade of literary giants who have used it successfully in the pastâ€"its important to keep in mind there are some cons to it, as well. Lets look at both for a moment.The prosAll history and backstory to be revealed in the story can happen naturally with a third-person omniscient narrator, without having to craft it into character dialogue or flashbacks.Dramatic irony.Writing in third-person omniscient perspective allows the narrator to reveal details to the reader that the characters dont know about (yet…or maybe ever). Its a great device for building tension in a story.Writing in third-person omniscient allows a writer to try on many different character voices and pers pectives that would otherwise be limited in other points of view.The consRevealing too much, too soon. From his or her god-like vantage point, a third-person omniscient narrator tells the story as a historian wouldâ€"someone who knows how the story will end and plays a role in guiding the reader toward the resolution. This makes it easy for the narrator to reveal too much too soon or provide too many foreshadowing moments that are forced upon the reader.Head hopping. Head hopping is the term used by writers to describe the process of describing a scene through multiple character points of view. While some writers have managed to pull it off successfully (the opening of Cider House Rules comes to mind), it can be disorienting for the reader and should be avoided unless the writer is highly skilled in keeping the flow of the scene going without confusion. This type of perspective shift can be one of the benefits to using third-person omniscient point of view but can be jarring if not done well.Overdoing asides and lectures. Admittedly, for every rule to writing there is a successful writer who will break that rule, but unless your talent is right up there with the likes of Tolkien, overdoing asides and lectures can hurt the flow of action. This diversion of your readers attention is a gamble, so use it sparingly and only if it adds significantly to the interior or exterior worlds you are creating.Telling instead of showing. Theres no doubt that good writing is that which shows instead of tells. With the added benefit of a third-person omniscient narrator comes the potential pitfall of telling your reader too much instead of showing it. Its great to have a god-like perspective to guide your readers through the plot, but just as revealing too much too soon can have a negative effect on the outcome, so can telling too much in the first place.So, lets get to the pointâ€"should I use it?One of a writers most intense challenges with writing and publishing a story is d etermining point of view. Just as narrative style deeply affects the overall outcome of a story as a work of art, it also affects the creative process an author goes through to write it in the first place.Simply putâ€"the narrative style you choose could make or break the success of your story, so its crucial to know which one is best to use for the type of story you want to tell, and how to use it correctly. That said, third-person omniscient point of view, while being one of the oldest forms of narrative style, is also the most technically difficult to pull off in many stories. There is great benefit to using an all-knowing narrator who can reveal the innermost thoughts and feelings of multiple characters in a story, but with great power comes great responsibility (as the saying goes).How do you know if your story will work in this narrative style? First, consider whether your tale is more character driven or plot driven. If the former, third-person omniscient will be a less intim ate approach as, for example, first-person narrative. If the later, and you are telling a story of epic worlds or cross-generational adventure, third-person omniscient might just workâ€"but tread carefully. The masters of third-person omniscient like Dickens and Tolstoy are big shoes to fill.

Essay about Cannibal Spell vs Hymn to Aten - 732 Words

COMPARE AND CONTRAST CANNIBAL SPELL FOR KING UNIS AND GREAT HYMN TO ATEN Early civilizations each chose their own way to interpret their world and convey the morals and expectations they valued. Though the differences between them are many and vast, there are several common themes found as the oldest societies this world knows began to define their existence and purpose in the universe. No matter where they found themselves, they possessed a universal question and curiosity of their origins. Two of the most ancient pieces of writing scholars have access to are the Cannibal Spell for King Unis, and The Great Hymn to the Aten. The Spell was found in the temple of a buried king, never meant to be gazed upon by human eyes. It describes a†¦show more content†¦Both tales contain a single, omnipotent, all-powerful deity that keeps himself entirely separate from the humans, and requires their worship of his greatness. In this version, the almighty created humans to bear the burden o f the gods (Norton Anthology, 158.) The Enuma Elish addresses the omnipotence of the gods by labeling divine knowledge as â€Å"the entirety of all of everything† (Norton Anthology, 24). The Greek and Roman creation stories reflect much about the beliefs of their citizens and the expectation they had of each other from the way these tales were revered. The Romans were a society that valued duty above all, and a unified version of their tales. The ultimate goal of the Roman citizens was to create one massive, unified empire. The Greeks however, valued agon, or conflict. They felt it kept the best work at the forefront, and constant competition would force the best results. Their tales varied from city-state to city-state, so there are several versions of the Hesiod myth, for example. The Hesiod and Ovid creation tales contain many of the same characteristics, however. The gods found here are very selfish, human, and petty. They often have direct interactions with people and th eir lives, and can often have children with them, creating demigods. They have been

Strategies For Relieving The National Debt - 1041 Words

The Canadian government has many different strategies to relieving the national debt while being able to sustain the stability of the economy and its many markets. These different strategies include the government selling debts to the banks, wage and price increases, and fiscal and monetary policies. These policies are briefly mentioned and outlined in Chapter Eleven: Policy Matters. (DPE, 145,147) One strategy the government uses is selling their debts to other parties, usually the banks. It is a good technique because it keeps a constant cash flow within the controllers of our economy, being the government and the large banks. The government sells their debt away to the banks of Canada that way they have cash flow available for use. The†¦show more content†¦Also with the inflation on the price of goods, the percentage of tax charged on each purchase will increase creating more profit for the government. Now that the government has an increase in cash flow, they can use this money to pay off some of the national debt or decide to reinvest the tax dollars into the economy or infrastructure. However there is a downside to constantly using this strategy. The government would not want to inflate prices too often because it could create a large GDP gap compared to the GDP of other countries. This gap would make it more difficult to trade goods with other countries. The only way trade would be fair with a large GDP gap would be if two countries trade different good s with each other of equal relative value, thus making the balance of trade zero, as explained in Chapter Ten: International Cheques and Balances. (DPE, 129) The government can also use one of two discretionary policies, either fiscal or monetary. Fiscal policy is where the government either increases taxes and decreases government spending or decrease taxes and increase government spending. This is a technique that is rarely seen in Canada as our tax rates do not change often. However I feel as though if the government were to increase taxes and decrease government spending it would be beneficial to the national debt as the government would save money by decreasing their spendingShow MoreRelatedBurundi Legal Position Paper1308 Words   |  6 Pages Burundi’s Position on the Legal Aspects of Odious Debt Introduction Burundi, one of the world’s smallest nations, has just emerged from a 12-year ethnic-based civil war. The war started in 1993 and just ended in 2005, which then caused an alteration in the government political system to take on a democratic form. They are now in process of peace although they are still in the struggle of reviving their shattered economy and forging national unity. Burundi is a landlocked island surrounded byRead MoreTempur1414 Words   |  6 Pagesdistributes various luxury products made of viscoelastic memory foam. The company was founded in 1992 by Fagerdala World Foams in Denmark. In the 1980s, Fagerdala acquired the formula to create a stable, durable and commercially viable product from the National Aeronautics and Space Administration (NASA). In the early 1970s, NASA had developed this pressure-absorbing material to help cushion and support astronauts during lift-off. Fagerdala spent years perfecting NASA’s process; once completed, their consumer Read MoreMotivations of Pathological Gamblers1481 Words   |  6 PagesBased on information from the National Opinion Research Center (NORC), the National Gambling Impact Study Commission (NGISC) states that there are two and a half million individuals who fall into a state defined as a pathological gambler, another three million are considered problem gamblers, and roughly fifteen million more could be considered â€Å"at-risk† (NORC, 1999). A pathological gambler is one who has a severe uncontrollable urge to gamble despite harmful negative consequences or a desire toRead MoreEssay about Gambling Addiction2683 Words   |  11 PagesNeeds to gamble with increasing amounts of money in order to achieve the desired excitement * Withdrawal - Is restless or irritable when attempting to cut down or stop gambling * Escape - Gambles as a way of escaping from problems or relieving dysphoric mood (e.g., feelings of helplessness, guilt, anxiety or depression) * Chasing - After losing money gambling, often returns another day in order to get even (chasing ones losses). Chasing is a classical behavior pattern characterizingRead MoreImportance Of Countertrade Transaction On Export Trading Companies With Examples2347 Words   |  10 Pagesmomentum. The Post-Communist states that were short in the reserves of foreign currency made Countertrading crucial for them. COUNTERTRADE STRATEGIES There are four types of Countertrade strategies that companies can use in order to survive in this kind of market and increase their earnings. The strategies are †¢ DEFENSIVE: Companies with this Countertrade strategy do not Countertrade at all. They make Countertrade type of arrangements with the buyer countries. They are not obliged to have any CountertradeRead MoreDollar General Essay2851 Words   |  12 Pagesfinancial statements formed the basis for our recommendations. We considered several alternative growth strategies for Dollar General to implement. Those strategies are, international expansion, continued domestic expansion, internal improvements, extending services, and taking the company private. We concluded that the most beneficial direction for the company is to go private thereby relieving pressure to meet short-term objectives. We also believe that Dollar General can benefit from increasingRead MoreThailand And The Philippines : Political System And Government Structures2270 Words   |  10 Pageskillings carried out under Duterte’s administration and his authoritative approach, he has a high approval rate becaus e a vast number of Filipino people support his stance on crime reduction. Thaksin, despite his economic success in relieving Thailand from its debt, is not widely favored due to corruption charges in terms of finances and human rights violations. In addition to this, he poses a threat to the monarchy due to the support he received from his economic accomplishments. Duterte’s approvalRead MoreRole of Co-Operative Banks in Agriculture Credit: Organization, Growth and Challenges2984 Words   |  12 Pages2009, further, National Sample Survey Organization (2003) in his â€Å"situation assessment survey† found that the ‘only 48.6 percent farmer households were indebted, of which only 57.7 percent were indebted to institutional agencies. In other words, only 28.04 percent of farmer households were indebted to institutional agencies. And further found that the ‘after nearly 37 years of nationalization and over 15 years of credit targeting for agriculture, in AP and Rajasthan the total debt of the farmer householdsRead MoreShaping a Path for Growth and Prosperity in Nova Scotia2195 Words   |  9 Pagestarget a new market in trade promotion or the adoption of a broader innovation strategy that focuses on science and technology across the economy. A key element of the growth commitment should be the recognition that Halifax will continue to strengthen its position within the provincial economy and that the prospects for Nova Scotia are now inextricably linked to the success of its largest urban area and what strategies could be adopted to ensure that Halifax maximizes its potential given the ongoingRead MoreFinancial Distress Air Line Industry3947 Words   |  16 Pagesvalue from creditors to shareholders. The result is a conflict of interest between bondholders (creditors) and shareholders. As a firms liquidation value slips below its debt, it is the shareholders interest for the company to invest in risky projects which increase the probability of the firms value to rise over debt. Risky projects are not in the interest of creditors, since they also increase the probability of the firm’s value to decrease further, leaving them with even less. Since these

A Critical Analysis of Various Schools of Thought in Strategy Theory Free Essays

Strategy theory is a multi-disciplinary academic field with competing schools of thought based on often-incompatible assumptions, including even the basic definition of the field of study.   This is highlighted by the many attempts in the last decade to identify main paradigms, and search for new approaches. Mintzberg (1990; 1998) has put forward a taxonomy of assumptions and approaches, identifying ten main schools of thought, of which three are normative and together constitute the â€Å"classical approach† to business strategy. We will write a custom essay sample on A Critical Analysis of Various Schools of Thought in Strategy Theory or any similar topic only for you Order Now    The other seven are descriptive in nature.   Mintzberg named these schools the design, planning, position, entrepreneurial, cognition, learning, power, cultural, environmental, and configuration schools (Haugstad, 1999). This paper will evaluate the design, planning, and position schools (the â€Å"classical† view) as a single approach, contrasting it with a hybrid of the learning and the cultural schools (the â€Å"resource-based† view, according to Mintzberg’s classification). 1.0  Ã‚  Ã‚  Ã‚  Ã‚   The Classical Approach to Strategy The 2nd Industrial Revolution saw the emergence of mass national markets as developments in technology provided means to production hereto unavailable.   Economies of scale and scope provided the rationale for large-scale investment, and thus the emergence of strategic investment, and competitive strategy, as a means to shape market forces and affect the competitive environment. Subsequently, World War II supplied a vital stimulus to strategic thinking in business as well as military domains, because it highlighted the problem of allocating scarce resources across entire economies (Ghemawat, 1999). The work of Andrews, Christensen, Smith, Selznik, and Learned et al in the 1950’s form the design school (in Mintzberg’s taxonomy), while Ansoff through his work on corporate strategy is seen as the founder of the planning school (Haugstad, 1999). The original design school outlook was that of essential â€Å"fit† between a company’s internal resources and capabilities (strengths and weaknesses) against an external environment (possibly hostile, providing threats as well as opportunities). This gave rise to a framework that came to be referred to as SWOT, representing a â€Å"major step forward in bringing explicitly competitive thinking to bear on questions of strategy† (Ghemawat, 1999: pg 6). The SWOT gained quick acceptance as management practice, but did not provide satisfactory closure to the problems of actually defining a firm’s distinctive competence, and resource allocation for long-term development versus short-term gain. Igor Ansoff’s book, â€Å"Corporate Strategy†, was seminal in establishing the planning school’s approach.   Ansoff subscribed to the â€Å"fit† approach of the design school, but emphasized resource allocation in relation to a â€Å"common thread† that he defined as a firm’s â€Å"mission† or its commitment to exploit an existing need in the marketplace (Ghemawat, 1999). The planning school also emphasized a formal planning process resulting in detailed programming of the organization (Haugstad, 1999).   Ansoff and others also worked to translate the logic built into the SWOT framework into complex sequences of questions that needed to be answered in the development of strategies. Adam Marshall combined the concepts of supply and demand analysis in 1890 into the â€Å"Marshallian scissors†, which featured a downward-sloping demand curve and upward-sloping supply curve.   He also introduced the concept of price elasticity of demand. Supply-demand analysis was quickly incorporated into economics and marketing courses at business schools, though it seems to have had less impact on the teaching and practice of business strategy.   Other economists of what became known as the â€Å"Harvard School† argued that the structure of some industries might permit incumbent firms to earn positive economic profits over long periods of time. Thus an industry’s structure would determine the conduct of buyers and sellers and, by implication, the industry’s performance in terms of profitability, efficiency, and innovation. Michael Porter, in his framework for industry analysis, generalized the supply-demand analysis of individual markets in several important respects: relaxation of the assumptions of homogeneity (of product) and large numbers (of competing sellers); shifting attention from 2-stage vertical chains, each consisting of a supplier and a buyer, to 3-stage chains made p of suppliers, rivals, and buyers; catering for potential entrants and substitute products. Porter’s work formed the basis of what became known as the position school of business strategy.   This school recognizes only three generic strategies: cost leadership, differentiation, and focusing.   Thus, the school sees strategy as the selection of an attractive industry (Porter, 1980), and good positioning within this industry (Porter, 1985).    How to cite A Critical Analysis of Various Schools of Thought in Strategy Theory, Papers

Project It Has Been Mentioned According †Myassignmenthelp.Com

Question: Discuss About The Project It Has Been Mentioned According? Answer: Introduction This study is about Aveo Group Limited which has been in the field of re-establishing retirement communities for the last 25 years. Not only Aveo Group has re-established but also developed and managed the living of senior community. Aveo Group has accommodations all over Australia including the suburban areas, main country and coastal areas. In this project it has been mentioned that according to the Four Corners study Aveo was accused of ripping off customers almost all of them elderly and vulnerable at its retirement villages. There are also allegations that Aveo had in place complex contracts and exorbitant fees. Therefore this study aims to look into the inside happenings that lead to such a shameful result. Here in this project the financial management policies and practices with respect to their social responsibility and social outcome is evaluated and Aveo as an investment proposition has also been discussed. Aveos financial management policies and practices with respect to their social responsibility and social outcomes of their actions: Financial management policies of Aveo group Limited should be such that, it does not hamper the social duties performed or the responsibilities towards its environment in which it operates is not disturbed (Lanis and Richardson 2012). But in reality this might not be the scenario (Hilson 2012). In present times the situation is such that the economic, social and environmental concerns are becoming a mandate concern for the companies and in order to maintain it the entire system or operational hierarchy is required to be integrated or disintegrated as the case may be (Brigham and Houston 2012). Generally there exists a positive relationship between financial management policies and corporate social responsibilities performed, but in case of Aveo Group Limited there exists an anomaly (Brigham 2014). Aveo Group Limited as a company neither could maintain financial management policies nor could maintain CSR because the financial policies were not in accordance to the stakeholder theory that is each and every stakeholder of business should be treated equally and should be given equal amount of rights in decision making of the organization (Brigham and Ehrhardt 2013). Now as a stakeholder is a part of the company, therefore his or her welfare falls under the domain of Corporate Social Responsibility, thus the CSR duties of Aveo were also hampered (Higgins 2012). This ultimately led to reduced profits and increase in the burden of liabilities which very naturally forced the company to rob its customers out of their money in the form of exorbitant fees and other means (Petty et al . 2015). Experts in this domain of study are of the opinion that a good CSR record results in increase in employment or employment desirability in the company and also an increase in the rate of investment in the company (Mathuva 2015). But Aveo, in relation to this matter failed in both respects, that is, it neither had a good CSR record nor did it have a proper stakeholder theory to utilize, which led to further problems (Aguinis and Glavas, 2012). Another cause that led to the downfall of Aveo Group Limited is that the statistical analysis might not be done properly, that is, it might not be free of errors and also the exclusion of investment from the research and development domain might be another reason (Epstein and Buhovac 2014). Some of the policies that are implemented by the company are Integrity in Corporate Reporting, Timely and Balanced disclosure and Security holder engagement. Integrity in corporate reporting refers to the policy in which the company has arranged to set up an Audit and Risk Committee which will work according to the laid down references approved by the Board of Directors. On the other hand Timely and Balanced Disclosure is another policy set up by the group in which there is a provision of communication policy as well, both of which are established with the intention of checking the compliance of the company operations with the periodical disclosure requirements of the Corporations Act and the ASX Listing rules (Edmans 2012). The last policy that is being discussed in this study is the Security holder engagement policy which has been established by the group keeping the stakeholder theory in mind. This policy aims to keep the security holders informed about the important decisions and major developments that is going on in the company. Now these three policies though appear to have a strong hold on the ethical and operational scope of the company did not really help Aveo in reducing its liabilities or increasing its profit. Though the policies were essentially created with an aim to enhance the operating profit of the firm and improve the level of CSR as well (Kim, Park and Wier 2012). Aveo as an investment proposition After the investigation conducted by the Four Corners, it came into light that the 11.5 percent plunge in share price of the company was due to the unreasonable fees claimed by the group from its customers. Shares ofAveo Group have observed a fine change of -0.40% or -0.01 in the most recent times. With time as the earning season comes to an end, investors look for companies which have a steady track record. Aveo Group Limited will surely loose on a huge base of investors for the negative feedback that has been published. Currently, the 14-day Average Directional Index (ADX) for Aveo Group is presently at 20.98. Generally an ADX ranging from 0-25 would mean that it is an absent or weak trend. A value of 25-50 would mostly interpret a strong trend. A value of 50-75 would mean a strong trend, and lastly a range of 75-100 would result in an extremely strong trend. ADX is particularly utilized to measure trend strength but not direction. The data calculates as per the exhibit has been gi ven in Appendix (CSRHub - Sustainability and Corporate Social Responsiblity (CSR) ratings on over 17,487 of the worlds largest public and private companies., 2017). In addition as per the data calculated on stock prices, the price has been taken from September 2015 till August 2017. There has been a vital fluctuation in the stock prices. However, as per the base line of 5% in the stock return, the fluctuation has been within the limit except the fluctuation in June which had crossed the base line and then further decreased as it has been accused of ripping the retirement villages which extended its volatility. On the contrary, the volatility has been received maximum in the last month that is August 2017, explaining the investment is not clear because of their fees and confusing contracts. Figure 1: Stock Returns of Aveo On the other hand, the traded volume of Aveo has been fluctuating and showing the changes to be 92.69% in traded volume which creates an unpleasant environment for investment and that is why the fluctuations has been rampant. Also, because of the stock prices being wildly ranging the change in trade volumes has been irregular. Figure 2: Traded Volumes of Aveo Causes of volatility in the share prices of Aveo Limited: Mulpha an well known investor in Australia has suffered a loss due to the negative feedback going on, that came into exposure due to the publishing of Four Corners. Mulphas 22.6% strategic stockholding in Aveo did not prove to be profitable (Hu et al. 2015). The report presented by Four Corners stated that the company had enough loopholes to fail drastically. The report also brought into light the fact that a number of policies and reforms that were established by the management of the company in the last ten years were not put into consideration that is they were not even implemented (Eyles, Wild and Eversole 2014). Aveos shares on the stock exchange of Australia saw a plunge of 11.5% after the exposure of the report. This forced Aveo to arrange for an emergency board meeting and hence announced a buy-back of 9%. It has also been claimed by the higher authorities of Aveo that no board meeting was held in reality. Mulpha though is of the opinion that the volatility of shares is the primary reason for the decision of buying back the shares. Conclusion Aveo Group Limited, as a result of the misdeed committed by the company led to total disaster both in terms of its goodwill and total revenue incurred or operating profit. As it has been observed in the study Aveo Group Limited though had implemented financial management policies but they were not in accordance with the corporate social responsibilities or duties that the company had to perform in the due course of time. Moreover the management policies introduced by the company like Corporate Reporting and Timely Balanced Disclosure were not implemented properly. All these factors added with the poor company regulations led the company to commit the unethical activity of robbing its customers off exorbitant fees and wrongly trying to remove the old tenants in order to bring new ones with more money. All these led to the downfall of Aveo Group Limited, one of the leading firms in Australia in the field of re-establishing retirement communities (McDougall, Barrie and Lange, 2017). References Aguinis, H. and Glavas, A., 2012. What we know and dont know about corporate social responsibility: A review and research agenda. Journal of management, 38(4), pp.932-968. Brigham, E.F. and Ehrhardt, M.C., 2013. Financial management: Theory practice. Cengage Learning. Brigham, E.F. and Houston, J.F., 2012. Fundamentals of financial management. Cengage Learning. Brigham, E.F., 2014. Financial management theory and practice. Atlantic Publishers Distri. CSRHub - Sustainability and Corporate Social Responsiblity (CSR) ratings on over 17,487 of the worlds largest public and private companies. (2017). CSR information for Harvey Norman Holdings. [online] Available at: https://www.csrhub.com/CSR_and_sustainability_information/Harvey-Norman-Holdings [Accessed 11 Sep. 2017]. Edmans, A., 2012. The link between job satisfaction and firm value, with implications for corporate social responsibility. The Academy of Management Perspectives, 26(4), pp.1-19. Epstein, M.J. and Buhovac, A.R., 2014. Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. Berrett-Koehler Publishers. Eyles, K.J., Wild, A.L. and Eversole, R., 2014. Retirement Living in Tasmania: Expanding choices, informing decisions. Higgins, R.C., 2012. Analysis for financial management. McGraw-Hill/Irwin.Hilson, G., 2012. Corporate Social Responsibility in the extractive industries: Experiences from developing countries. Resources Policy, 37(2), pp.131-137. Hu, X., Xia, B., Buys, L., Skitmore, M., Kennedy, R. and Drogemuller, R., 2015. Stakeholder analysis of a retirement village development in Australia: insights from an interdisciplinary workshop. International Journal of Construction Management, 15(4), pp.299-309. Kim, Y., Park, M.S. and Wier, B., 2012. Is earnings quality associated with corporate social responsibility?. The Accounting Review, 87(3), pp.761-796. Lanis, R. and Richardson, G., 2012. Corporate social responsibility and tax aggressiveness: An empirical analysis. Journal of Accounting and Public Policy, 31(1), pp.86-108. Mathuva, D., 2015. The Influence of working capital management components on corporate profitability. McDougall, K., Barrie, H. and Lange, J., 2017. South Australia Retirement Village Survey 2016. Petty, J.W., Titman, S., Keown, A.J., Martin, P., Martin, J.D. and Burrow, M., 2015. Financial management: Principles and applications. Pearson Higher Education AU.