Discuss the creation and purpose of a strong sense of setting and :: English Literature:

Discuss the creation and purpose of a strong sense of setting and atmosphere Poets use a strong sense of setting and atmosphere in their poems to get across the emotions and content of their writing. â€Å"To Autumn† and â€Å"Ode on Melancholy† create a strong sense of setting and atmosphere. These two poems are both Odes. Odes are very thoughtful poems and are usually dedicated to someone or something. Also Odes are very disciplined in the way they are written, in terms of structure. Both poems are written by an author named John Keats. John Keats had a very hard life, in that he watched his mother and brother die from what is now know as leukaemia. He also knew that he would die from the same disease. Therefore John Keats may have observed things differently and was more appreciative of things. He seemed to be able to pick out the positive things when times were bad, especially â€Å"Ode on Melancholy†. These poems were also written in what is called the Romantic Era. â€Å"To Autumn† is about John Keats feelings and thoughts towards autumn. Straight away, in the first line Keats sets a strong sense of atmosphere for the poem. â€Å"Seasons of mists and mellow fruitfulness,† The word mists implies beauty and mellow suggests calm and relaxed. The way John Keats has used alliteration, makes the reader focus on the two words â€Å"mists and mellow†. Not only does it start the poem of with a soft and gentle tone, it makes the reader bring to mind autumn in just these few words. Like many other poets Keats uses poetic devices to make an image or to explain things in further detail. Keats goes on to using personification in the next two lines. â€Å"Close bosom-friend of the maturing sun; Conspiring with him how to load and bless† In these lines Keats personifies the sun and also autumn. The reason for him doing this is it makes an image, that autumn and the sun are more than what we think they are, they’re friends and they work together to grow crops. Repetition of the idea of being friends, â€Å"Close bosom-friend†. The repetition emphasises the relationship between the sun and autumn, which makes the reader more clear and aware of the imagery created. â€Å"For Summer has o’er-brimme’d their clammy cells.† This line at the end of the first verse is another image created of the process of autumn. The setting is changing from summer to autumn. This line suggests, summer has come to an end because all the goodness of summer is full and is beginning to over flow into autumn.

Organizations and institutions Essay

Maintaining and preserving the environment has been one of the key issues that have been prevalent in the present time. Creating avenues for environmental sustainability has continuously been evident among states, organizations and institutions. The same applies for the marine ecology particularly the Giant Blue-Fin tuna. The continuous decline of its population has been alarming different sectors in the economy as well as different environmental NGOs. Thus, it created numerous efforts among different organizations and governments to protect the Giant Blue-Fin Tuna. By controlling the amount of Giant Blue-Fin Tuna captured daily, the population of such species can be saved and be prevented from extinction. The Giant Blue-Fin tuna is considered one of the most prized species in the marine kingdom. â€Å"Atlantic bluefin tuna, Thunnus thynnus (Linnaeus, 1758), aka bluefin tuna, horse mackerel, northern bluefin tuna is regarded as one of the most highly evolved fish species and one of the most prized fish in danger of over fishing. † (MarineBio. org, 2007, p. 1) A Giant Blue-Fin is characterized under the category of ‘tuna’ due to their unique composition. â€Å"Tuna, originating from the Greek word meaning â€Å"to rush,† usually swim at speeds of 1. 5-4 kts, can maintain 8 kts for some time, and can rarely break 20 kts for short periods. † (MarineBio. org, 2007, p. 1) The Blue-Fin tuna is classified under the Scombridae family and it is considered to be the largest specie under such classification. â€Å"It is one of the largest bony fishes and can reach lengths of up to 3 m, although they are more commonly found from . 5-2 m in length. Adult weights range from 136-680 kg, although the upper weight range is rare. † (MarineBio. org, 2007, p. 1) Its appearance can be described to be â€Å"dark blue to black near the dorsal surface and silvery near the ventral surface. † (MarineBio. org, 2007, p. 1) In addition, Giant Blue-Fin tuna lives from 15 – 30 years. Also, Giant Blue-Fin tunas are considered to be warm blooded fishes. â€Å"Atlantic bluefin are homeothermic (â€Å"warm-blooded†) and are therefore able to thermoregulate keeping their body temperatures higher than the surrounding water, which is why they are so well adapted to colder waters. † Locations The Giant Blue-Fin tuna are only located in certain places. â€Å"Bluefin are highly migratory and limited numbers of individuals may cross the Atlantic in as little as 60 days and are widely distributed throughout the Atlantic and can be found from Newfoundland all the way to the coast of Brazil. † (MarineBio. org, 2007, p. 1) In addition, â€Å"they range in the eastern Atlantic as far north as Norway and down to northern West Africa. Bluefin tagged in the Bahamas have been captured in Norway as well as off the coast of Brazil. Bluefin in the South Atlantic belong to a distinct southern population, with known spawning areas south of Java, Indonesia. † (MarineBio. org, 2007, p. 1) Current Problems In the course of time as development begins to step into the picture, certain negative and adverse have began to emanate from the process. The most affected sector in the development process is the environment. As humans continue to develop technologically the consequences of such improvements have been the environment and the ecosystem. With this, it can be argued that the marine ecosystem has also been suffering the same fate. Such occurrence does not spare the Giant Blue-Fin tuna as its population gradually and continuously declines over the years. It is widely known that the Giant Blue-fin tuna serves as an important source of food and income among the fishing industry. â€Å"Once, giant bluefin migrated by the millions throughout the Atlantic Basin and the Mediterranean Sea, their flesh so important to the people of the ancient world that they painted the tuna’s likeness on cave walls and minted its image on coins. † (Montaigne, 2007, p. 1) The Giant Blue-fin tuna are regarded by many to be a source of delicious food particularly in the making of sushi. â€Å"The giant, or Atlantic, bluefin possesses another extraordinary attribute, one that may prove to be its undoing: Its buttery belly meat, liberally layered with fat, is considered the finest sushi in the world. † (Montaigne, 2007, p. 1) Too much hunting With the huge demand for its meat, the Giant Blue-fin tuna has been a victim of excessive hunting by different fishermen and institutions. â€Å"Over the past decade, a high-tech armada, often guided by spotter planes, has pursued giant bluefin from one end of the Mediterranean to the other, annually netting tens of thousands of the fish, many of them illegally. † (Montaigne, 2007, p. 1) In addition, with the application of the technological advantages in fisheries, the decline of Giant Blue-fin tuna rose exaggeratedly. â€Å"The decimation of giant bluefin is emblematic of everything wrong with global fisheries today: the vastly increased killing power of new fishing technology, the shadowy network of international companies making huge profits from the trade, negligent fisheries management and enforcement, and consumers’ indifference to the fate of the fish they choose to buy. † (Montaigne, 2007, p. 1) Enforcement or Request There had been different efforts by states as well as international organizations in addressing these issues. Fishing of Giant Blue-fin can never be banned due to the relative demand of consumers for their meat. Thus, organizations and states arranged quotas for local and international fishermen on how much each should fish. However, these quotas are oftentimes neglected or not followed. â€Å"The group charged with managing bluefin tuna stocks, the International Commission for the Conservation of Atlantic Tuna (ICCAT), has acknowledged that the fleet has been violating quotas egregiously. † (Montaigne, 2007, p. 2) In addition, recognizing the constant decline of Giant Blue-Fin tuna in the ocean, ICCAT has requested different states and companies to reduce their quotas to allow these species to populate and multiply, however, these organizations and states declined. â€Å"But despite strong warnings from its own biologists, ICCAT—with 43 member states—refused to reduce quotas significantly last November, over the objections of delegations from the U. S. , Canada, and a handful of other nations. † (Montaigne, 2007, p. 2) It has been predicted that if this type of fishing continues, then such industry would collapse and the Giant Blue-fin can become extinct. â€Å". Scientists estimate that if fishing continues at current levels, stocks are bound to collapse. † (Montaigne, 2007, p. 2) What can be done There are different mechanisms that environmentalist and the government have tried to enforce to prevent the continuous over fishing of these species. However, little compliance can be seen in the process due to the high demand posed by the Giant Blue-Fin tuna especially in the world market. Thus, it is necessary for states and groups to enhance the level of monitoring and implementation of rules and legislation. In addition, stricter measures must be enforced to facilitate a better future for these creatures. Effective Management Effective management can be a solution to the long and impeding problem of over fishing in the ocean for Giant Blue-Fin tuna. â€Å"Experts agree that, first, the world’s oceans must be managed as ecosystems, not simply as larders from which the fishing industry can extract protein at will. †(Montaigne, 2007, p. 4) By creating effective and efficient management mechanisms can help enhance the efforts in improving the overall status of Giant Blue-Fin tuna. â€Å"Second, the management councils that oversee fisheries, such as ICCAT, long dominated by commercial fishing interests, must share power with scientists and conservationists. † (Montaigne, 2007, p. 4) Cutting Fishing Vessels The constant decline of Giant Blue-Fin tuna are due to numerous fishermen who catches them. One possible scenario that legislators and organizations can do is limiting the number of allowed fishermen and industries who will engage in such actions. By doing so, it can help the population of the Giant Blue-Fin tuna to increase. â€Å"Further, governments must cut back the world’s four million fishing vessels—nearly double what is needed to fish the ocean sustainably—and slash the estimated 25 billion dollars in government subsidies bestowed annually on the fishing industry. † (Montaigne, 2007, p. 4) Setting quotas and marine sanctuaries By creating quotas, Giant Blue-Fin tuna population can be maintained and can provide an avenue for an increase in population. â€Å"For giant bluefin in the Mediterranean, that may mean shutting down the fishery during the spawning season and substantially increasing the minimum catch weight. † (Montaigne, 2007, p. 4) But with this situation comes with effective and efficient inspection and enforcement among the state, agency and organization in-charge of the process. Also, by creating marine sanctuaries in the area, Giant Blue-Fin tuna can survive the excessive amount of fishing by fishermen in a certain area. Marine sanctuaries seek to protect the overall area where Giant Blue-Fin tuna are situated. This means that they cannot be caught. â€Å"Another crucial step, both in the Mediterranean and around the world, would be the creation of large marine protected areas. † (Montaigne, 2007, p. 4) Campaigning for change can also help in the process of conservation and sustainability. â€Å"Also important are campaigns by such groups as the Marine Stewardship Council, which is working with consumers as well as retail giants to promote trade in sustainably caught fish. † (Montaigne, 2007, p. 4) Conclusion The Giant Blue-Fin tuna is characterized to be an important part of the overall marine ecosystem. Taking them out in the overall system can create disparities and consequences in the marine ecosystem. Thus, the continuous decline of Giant Blue-Fin tuna must be addressed to sustain the continuous demand of people in the future. By creating efficient and effective monitoring mechanisms as well as legislation, the lives of Giant Blue-Fin tuna shall be sustained. It is our responsibility to continue addressing this for it shall be the future generations that will suffer if actions shall not be put into place and changes to occur in near time. References MarineBio. org (2007) Atlantic Bluefin Tuna. Retrieved November 28, 2007 from http://marinebio. org/species. asp? id=236 Montaigne, F. (2007) ‘Still Waters: The Global Fish Crisis’ in National Geographic: Interactive Edition. Retrieved November 28, 2007 from h http://www7. nationalgeographic. com/ngm/0704/feature1/index. html

Transformations Emma and Clueless - 1297 Words

The universality of themes pervading both Emma and Clueless in correlation with the humanistic, obviously flawed protagonists in both texts, captivates and immerses responders. This engagement leads to an involvement and enjoyment in the composer’s craft, which enables the responders’ to obtain sophisticated insight into the text’s concerns on both subjective and objective levels. Critiques agree that the transformation enables an audience to â€Å"enjoy cultural capital and aesthetic knowledge† while retaining a â€Å"connection to the past through classic text and cutting edge post modernism.† Responders of both texts are positioned to see familiar values and attitudes reflected in different worlds. From a â€Å"time characterised by massive†¦show more content†¦In parallel to Emma these transformations are equally materialistic, as shown in the impervious tone of Cher’s narrative voice over throughout, her unwavering popularity and fantasies, all culminating in the final scene of the movie. Here we see a changed Cher, not engaging in the fantastical plans of Di and Tai for their perfect weddings, genuinely affectionate to Josh, dressed in an appearingly conservative pale pink dress. All these assumptions are belittled in the throwing of the bouquet scene whereby Cher reverts to her old ways of self preservation and determination in her frivolous attempts to secure the bouquet (and thus Josh’s affections). A high angel shot of the pack of screaming girls with a hysterical Cher centred, reveals the inappropriate length of Cher’s attire simulta neously robbing her of the audience’s previous respect. The superficiality of her transformation is thus depicted, with her actions and motives seemingly unaffected by the previous climatic events of the film. Both protagonists commence and end their journeys of self realisation with â€Å"very little to distress or vex† them, an ambiguous â€Å"happy ending† enabling the text’s concerns to be further interpreted in the responders’ minds. This responder interaction continues as both texts explore issues ofShow MoreRelatedClueless a Transformation of Emma4584 Words   |  19 PagesHow does the composer of Clueless use film techniques to transform the social, historical and environmental context of Jane Austen’s Emma to the modern context of Clueless? Amy Heckerling’s Clueless involves a storyline, which closely follows the text of Jane Austen’s novel Emma. However, there are some key points of difference in the transformation that has taken place. 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Beverley Hill’s society embedded in material availability and conspicuous consumption. o Austen’s PURPOSE not changed ( C ( satire of context and human nature ( C has other purp. ( Question value and validity of texts ( POMO TRANSFORMATION THESIS: The transformation of a text helps develop and mold new meaning to its counterpart, and hence deepen the understanding ofRead MoreJane Austen s Clueless 1280 Words   |  6 PagesAmy Heckerling’s film ‘Clueless’ enhances our understanding of the transformation derived from Jane Austen’s ‘Emma’ and communicates the issues of rigid social status and confined attitudes to women despite contextual realignments. By adapting the genteel society of Highbury to the superficial microcosm of Beverley Hills, we gain an understanding of the restricted values placed on social status and the objectivity of women. 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The transformation of Jane Austens novel Emma to the 20th century film Clueless by Amy Heckerling allows for the same themes of socialRead MoreEmma and Clueless Notes2482 Words   |  10 PagesEmma/Clueless speech Draft thesis: The ideas of appearance vs reality, development of maturity and love are ideas explored through techniques, Appearance vs reality -blindness to truth Emma | Clueless | * Manipulating reality to suit perception of it * Resulting self-deception, confusion, misunderstanding * Dramatic irony empowering us to see through human flaws and social failings of Emma. This often has unexpected results:-Mr Elton’s proposal â€Å"she could have been so deceived...sheRead MoreComparative Analysis Between Emma and Clueless Essay1801 Words   |  8 PagesHowever, the transformation is usually apparent and thus a link can be established between the original and the new. The transformation can give the audience a better understanding of societal values and attitudes present in the texts. Jane Austens book Emma(1816), relevant to society in Regency England, is relived in a modern day context relevant to the 20th century American society in Amy Heckerlings â€Å"teen flick† Clueless(1995). Social status plays a crucial part in both texts. â€Å"Emma Woodhouse

Suppression and Subversion through Walls in Bartleby the...

Suppression and Subversion through Walls in â€Å"Bartleby the Scrivener† In â€Å"Bartleby the Scrivener† an elderly lawyer recounts the tenure of a scrivener, Bartleby, from his office. The progression of this employer/employee relationship depicts disengagement between opposing social classes and its consequences. The presence of the subtitle of â€Å"Bartleby the Scrivener: A Tale of Wall Street† has been given much consideration. The subtitle carries the baggage of the emerging capitalistic culture, but it also alludes to the confinement that walls enable. Melville strategically uses architecture in his short story, â€Å"Bartleby the Scrivener† to demonstrate the disengagement between social classes that capitalism produces. In the story, the†¦show more content†¦As Karl Marx writes in The Communist Manifesto, â€Å"the history of all hitherto existing society is the history of class struggles† (13). Melville’s short story, â€Å"Bartleby the Scrivener† explores the walls between social classes that capitalism encourages and their effective erasure of the individual member of the working class. There are two windows present in the lawyer’s office; one window depicts a light, white wall, while the other a grimy, dark, brick wall, representing the potential for each opposing end of the social class system. The lawyer confines Bartleby to a space in the office that faces a wall near the dark brick wall window, reminiscent of the dead ends that the working class faces in terms of social mobility. Barnett writes of Bartleby’s office placement, â€Å"Conveniently placed to answer his employer’s summons with alacrity, he must inhabit a circumscribed and isolated cell whose lack of outlook mirrors the lack of prospects of his menial occupation† (380). Melvilles depiction of a uniform brick wall facing Bartleby highlights the lack of individuality that Bartlebys presence in the working class faces. Just like each identical brick in the wall, the lawyer sees Bartleby as an uniform member of the proletariat class. Bartlebys presence in the story is strictly to fulfill the lawyers need for copying. The lawyer would be satisfied to never even notice Bartleby, as long as he is producing copies. In fact, the

Analysis Of Jonathan Swift s The Revolutionary War

Hannah Rice Schmidt – 1 Research Paper 23 September 2014 Jonathan Swift The Revolutionary War is one, if not the most memorable time of American history. It is what started the beginning of the land of the free. The colonization and tyranny of England was not just felt in the thirteen colonies that became America but also in places such as Ireland. Authors such as Jonathan Swift not only acted as literary geniuses but as a way for modern day historians to see the effects of colonization and the hardships of a country where the wealthy and politicians live almost in another world than most of the country that lives in poverty. The works of Jonathan Swift express his political views and social observations during the sixteen and seventeen hundreds at the height of conflict between England and Ireland. In a â€Å"Modest Proposal† Swift expresses his grief as well as irritation of Ireland’s politicians, the hypocrisy of the wealthy, the tyranny of the English, and the degradation in which he witnesses the Irish people living. While Swift explai ns how England continuously exploits Ireland, he also expresses the utter disgust he finds in the inability of the Irish to help themselves. Swift mourns and shows compassion for the Irish people but critiques both for the issue at hand. (Sparknotes). Through this ironic essay of surprises and shocks, swift challenges the reader consider and critically analyze policies, motivation, and moral values. Jonathan Swift states in the essay thatShow MoreRelated Animal Farm as a Political Satire to Criticise Totalitarian Regimes4636 Words   |  19 PagesORWELLPresentationThis chapter introduces general information about George Orwells life. It includes chronological progress of his life and his political convictions. Furthermore, important events, such as The Russian Revolution and The Spanish Civil War which had significant influence on his commitment to write Animal Farm will be discussed. Lastly, general information about Animal Farm will be given.His LifeThe British author George Orwe ll, pen name of Eric Arthur Blair, was born in Motihari, IndiaRead MoreAmerican Literature11652 Words   |  47 PagesChristian utopia Genre/Style: ï‚ · ï‚ · ï‚ · ï‚ · ï‚ · sermons, diaries personal narratives captivity narratives jeremiads written in plain style Effect: ï‚ · ï‚ · instructive reinforces authority of the Bible and church Historical Context: ï‚ · ï‚ · a person s fate is determined by God all people are corrupt and must be saved by Christ Rationalism / Age of Enlightenment period of American Literature - 1750-1800 Content: ï‚ · ï‚ · ï‚ · ï‚ · national mission and American character democratic utopia use of reasonRead MoreInternational Management67196 Words   |  269 PagesThis page intentionally left blank International Management Culture, Strategy, and Behavior Eighth Edition Fred Luthans University of Nebraska–Lincoln Jonathan P. Doh Villanova University INTERNATIONAL MANAGEMENT: CULTURE, STRATEGY, AND BEHAVIOR, EIGHTH EDITION Published by McGraw-Hill, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright  © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Previous editions  © 2009Read MoreHbr When Your Core Business Is Dying74686 Words   |  299 Pagesneed, especially in , supply disruptions, nat ural disasters, and unstable regimes? True global energy sec urity will be a result of cooperation and engage ment, not isolationism When investment and . expertise are allowed to flow freely across border s, the engine of innovation is ignited, prosperity is fueled and the energy available to everyone inc reases. At the same tim balancing the needs of e, producers and consum ers is as crucial as increa sing supply and curbin g demand. Only then wil l the

Conceptual Framework for Financial Report - MyAssignmenthelp.com

Question: Discuss about the Conceptual Framework for Financial Report. Answer: Introduction: An organization is always required to deal with various complex activities in which numerous operations and the functions are performed by the companies to achieve the objectives and the goals of the organization. It has been found that the financial analysis and evaluation of an organization always assist the company to analyze the companys performance at a particular time. For preparing this report and analyzing the framework concept and conceptual frameworks concept, AGL has been taken into concern. Company overview: AGL Plc is an organization which is operating its business into the international market. This company is providing services to the domestic and international clients to enhance the revenues of the company. The main functions and operations are handled by the main office in Australia. The current rate of the stock of the company (ASX) is A$ 25.73 (Morningstar, 2017). AGL Plc has managed to enhance the revenue and total turnover through diversifying the market. The company operates its business into the electricity, gas, solar PV etc. (Home, 2017) For this report, AGL Plc has been compared with another Australia company to analyze that whether the conceptual framework are used by the company or not. Drax group plc has been chosen to analyze the performance of AGL Plc. This company is also operating its operations into supermarket segmentation. Head office of the company is in Bradford, England (Home, 2017). Conceptual framework objectives: It has been analyzed that the main objectives and goals of the financial reportings analysis and conceptual framework is to reveal all the activities related to finance of the business such as assets, liabilities etc. according to the evaluation over financial statement of AGL plc, it has been found that the company has recorded all the financial figures such as assets, liabilities, revenues, expenses etc according to the proper level of harmonization and its GAAP rules and standards of IFRS (international financial reporting standards). There are numerous objectives of conceptual framework with the organizational reporting that mainly focuses over the simplicity of company and replicate its views about the liabilities, assets and financial performance of the company (Abeysekera, 2013). This company takes the concern of the IFRS (international financial reporting standards) while preparing the companys financial report and recognize the statements of the company. It adds the understanding of financial statement in a better way. Further, the analysis depicts that the GAAP rules have been followed by the AGL Plc Company to record all its financial transaction into the books of the company. This company is also following the IFRS (international financial reporting rules) to manage and enhance the understanding of the companys financial statement. This company is maintaining proper harmonization of GAAP rules (Chand, Patel and White, 2015). Another comparative company is Drax group Plc. This company has also reported and managed the inventory through following the IAS-2 AS (Accounting standards). Further, the assets and liabilities have been recorded by the company through following the rules of IAS-136. Further, it has been found that the impairment test has been followed by the company to showcase the reality and disclose all the relevant factors in the financial statement of the company. Further, the difference among both the companies has been evaluated and it has been analyzed that both the companies are maintaining the international rules to maintaining the financial standards and the statements (Elad, 2016). Further, the AGL Plc is following IFRS rules and GAAP rules whereas the Drax Group Plc is using the IFRS rules to manage the performance of the company. Further, it has been considered that the AGL Plcs CFS (cash flow statement) has been prepared and presented according to IAS-7. This comapny has followed the indirect method to present and prepare the CFS (cash flow statement) of the company. Further, the other accounting standards and IAS has also been followed by the business to sustain other activities of the company, such as IAs-2 has been used to maintain the inventory level of the company (Zeff, van der Wel and Camfferman, 2016). Criteria to recognize the assets, expenses, liabilities and income: Further, through the analysis, it has been found that the company has reported all its financial activities into the financial statement and the financial books according to the double entry accounting system. This company has reported all the activities according to the IFRS rules and accounting standards have also been followed by the company while preparing the report. This company has followed and managed the proper standards and regulations to maintain the performance of the company. Further, it has been found that the impairment test has been followed by the company to showcase the reality and disclose all the relevant factors in the financial statement of the company. This company has also reported and managed the inventory through following the IAS-2 AS (Accounting standards). Further, the assets and liabilities have been recorded by the company through following the rules of IAS-136 (Garrett, Hoitash and Prawitt, 2014). Through further analyzing the annual report of the company, it has been found that this company uses the FIFO method to manage the performance and the position of the inventory of the organization. IAS-2 rules have been followed by the company to manage the inventory performance. Further, the annual report of the company describe that all of these financial activities have been set in such a manner that entire stakeholder could easily analyze the financial statement and make a better decision about the performance of the company. It also assists the company to make better approach about the internal and external aspect of the company. Further, the companys top level management has considered the international rules and regulations to state the financial activities of the company to maintain the international business activities (Nobes.Routledge, 2014). At the same time, Drax group has followed only IFRs standards and rules to record the financial activities of the company. Such as, this company has used the IAS 36 to administer the impairment loss. The impairment loss of the business has been raised by revaluating assets and the amount of impairment loss has been charged from goodwill amount and the balance amount has been charged from various cash generating units. The main differences among both the annual report of the company are the above international rules only. Thus, it has been found the AGL plc has used the rules and regulations more efficiently and used the financial information in better way to manage the performance of the company. Relevancy and faithful representation: The essential qualitative characteristics of financial reporting which has been sued by AGL Plc are revealing entire imperative financial information for the stakeholder and the managers of the company. Further, it has been found that due to these rules and regulations, the transparency has been enhanced and the entire information has been disclosed by the company. According to the IFRS rules, the company has maintained all the policies to perform the better study (Dinnie, 2015). These frameworks have helped the company understand and analyze the companys financial performance in better way. Further, it has also been evaluated that the annual reports narration as well as the notes of the financial activities have enhanced the faithfulness of the annual report of the company in concern of the companys stakeholders. Satisfaction towards the fundamental qualitative: Through the evaluation over the annual report of the company, it has been found that this company is following all the accounting standards rules and regulations to maintain the performance of the company in an effective way. Following are some of fundamental qualities of the company: Relevancy: It has been evaluated that the financial information of the company is quite enough to make better decision. It has been found that the annual report has been prepared by the company through analyzing the various standards, rules and regulations (Draft, 2015). Timely: Further, it has been considered by the annual report of the company that the perpetual entity concept has been followed by the company to analyze the performance of a particular period. Inventors are using this information to manage and make better decisions. Comparable: The annual report of the company has been compared with the annual report of Drax Group to analyze that whether the performance and the reporting systems of the company is better or not. The competitiveness of the annual report has been analyzed to make a better decision and through the analysis, it has been found that the position and the reporting systems of the company are way better (Abeysekera, 2013). Verifiable: The annual report of AGL Plc and Drax group has been analyzed and found that the AGL Plc is using the standards and IFRS rules in a proper way and thus the verifiability of the annual report of the company enhances and further, the accounting notes and narration has also helped to check the verification of entre financial activities of the company. Faithfulness: Through the evaluation over the annual report of the company, it has been found that this company is following all the accounting standards rules and regulations to maintain the performance of the company in an effective way and thus the annual report of the company is quite faithful (Cayanan, 2016). Conclusion: Thus through the above study over the annual report and the conceptual framework of the company, it has been found that the position of the company is way better. Through the evaluation over the annual report of the company, it has been found that this company is following all the accounting standards rules and regulations to maintain the performance of the company in an effective way. Further, through the analysis, it has been found the AGL plc has used the rules and regulations more efficiently in comparison of Drax Group and used the financial information in better way to manage the performance of the company. References: Abeysekera, I., 2013. A template for integrated reporting.Journal of Intellectual Capital,14(2), pp.227-245. Annual report. 2017. AGL PLC. Available from https://agl2017.reportonline.com.au/sites/ag]l2017.reportonline.com.au/files/full_financial_annual_report.pdf [accessed on 11th Dec 2017]. Annual report. Drax Group. Available from https://www.drax.com/wp-content/uploads/2017/03/Drax-Group-plc-annual-report-and-accounts-2016-Smart-Energy-Solutions.pdf [accessed on 11th Dec 2017]. Cayanan, A.S., 2016. An assessment of the financial reporting practices of listed Philippine banks in 2003.Philippine Management Review,11(1). Chand, P., Patel, A. and White, M., 2015.Adopting international financial reporting standards for small and medium?sized enterprises.Australian Accounting Review,25(2), pp.139-154. Dinnie, K., 2015.Nation branding: Concepts, issues, practice. Routledge. Draft, I.E., 2015.Conceptual Framework for Financial Reporting.2015-05-01)[2015-07-20]. https://kjs. mof. gov.cn/zhengwuxinxi/gongzuotongzhi/201506 P. Elad, C., 2016. International Classification of Financial Reporting, Christopher W. Nobes.Routledge, Abington, UK (2014),(160 pages, 95), ISBN: 0415736935. Garrett, J., Hoitash, R. and Prawitt, D.F., 2014. Trust and financial reporting quality.Journal of Accounting Research,52(5), pp.1087-1125. Home. 2017. AGL PLC. Available from https://www.agl.com.au/about-agl/who-we-are/our-company [accessed on 11th Dec 2017]. Home. 2017. Drax Group. Available from https://www.drax.com/ [accessed on 11th Dec 2017]. Morningstar. 2017. AGL PLC. Available from https://financials.morningstar.com/competitors/industry- Morningstar. 2017. AGL PLC. Available from peer.action?t=AGLregion=gbrculture=en-US [accessed on 11th Dec 2017]. Zeff, S.A., van der Wel, F. and Camfferman, C., 2016.Company financial reporting: A historical and comparative study of the Dutch regulatory process. Routledge.

To what extent does demographic change in the UK represent more of an opportunity than a threat to UK businesses free essay sample

The UK economy is constantly changing for various reasons such as improvement in medicine and increased globalisation leading to people living longer and the UK economy becoming more diverse culturally. Whether or not it provides an opportunity or a threat to a business will largely depend upon how the management of the business decides to attempt to change because of the change of the demographics. The largest change to the UK demographics would be the overall increase in the average age of the country, because of the innovation in medicine keeping people alive for longer and people not getting sick for long. This could provide many opportunities for a firm in the UK, either in sales or the management of the firm. A firm could change the demographics of its target audience to an older generation, in order to potentially increase sales. For example there has been a large increase in mobile phones designed specifically for an older market, with many utilities that would be useful to the older generation, such as larger buttons and a â€Å"help me† text button. We will write a custom essay sample on To what extent does demographic change in the UK represent more of an opportunity than a threat to UK businesses? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page On the other hand this does provide some threat to firms in the technological industry; with firms having to work harder to gain the attention of the main target market of teenagers and young adults. However, while the over average demographic of the UK is growing older this is also countered by the fact that the whole economy is growing in general. The overall population has increased from 55million to almost 70 million over the last 50 years, and the growth is exponentially growing because of the increase presence of globalisation and the free movement of labour across all EU countries. This means that while the average age of the population has increased substantially, the overall market has increased by near the same rate. This means that while the market that are unpopular with the older generation, such as the technology industry, will have stayed about the same size; or maybe even grown a bit. This means that the there is little threat to firms operating in these markets because of the change in the average age of the economy, and could potentially be in a better position because of it. The only thing that will affect them is that they potentially have a new market to enter and potentially earn money from. The change in the average age could potentially cause a problem though for employers because of increased pension pays. With people living longer resulting in people being retired for a substantially longer time, it results in people living for longer and claiming pension for much longer. This could cause problems for firms because of increased costs leading to firms struggling to break even. This also causes great stress on the NHS and other public funded medical establishments resulting in the government having to spend more and more money on these services, resulting in less money or higher taxes for UK firms. However, the older age could also provide a benefit to UK firms, with an increased amount of potential employees. For example BnQ currently employ a large amount of older people to work in their stores, rather than teenagers and you adults. This is because they found out that, in their case at least, that customers preferred an older store assistant rather than a younger one, finding that they were friendlier, more helpful and overall increased the level of customer service. However, not all industries can utilise the older generation as employees, such as the technology industry who need to have the younger generation as employees because of their involvement with technology. Another change in the UK demographics would be the increased amount of people in the UK from eastern European countries. With the UK being part of the European Union there is free movement of labour and capital throughout Europe; and because England has substantially better living conditions than some of the countries in Eastern Europe many migrants have come to England in search of jobs. This could provide large benefits to firms in the UK because these workers do not demand the same amount of money as the equivalent UK worker (because they have been brought up with less money and value it more so than UK residents) while also having a better work ethics, on average, than UK residents. The migrants are also more likely to take the jobs that UK workers view as â€Å"beneath them†, such as strawberry picking. This leads to huge reductions in costs to the firms working in these industries who can benefit from this cheap labour, having large reductions to the cost of production. Also the increase in the supply of employees means that potentially the average wage rate could reduce, with a larger amount of people vying for the same job the firms can get away with paying less. This coupled with the fact that the UK is currently in a recession, with large unemployment throughout the world, means that the firms have huge amounts of people to choose from when employing people. The increased amount of migrants in the UK economy also provides a new market for firms, with the migrants wanting national delicacies to eat. This has resulted in large amounts of eastern European food shops opening throughout the UK, and even large supermarkets like Tesco and Sainsbury’s increasing the prominence of their â€Å"world food† section of the business with particular emphasis on Eastern European food. However, while the increased level of migrants is in general a huge opportunity for UK firms, it does also come with large levels of capital flight from the UK. A large amount of migrants are single people hoping to support and provide a better level of living for their family back home. This means that a large amount of their wages are sent back to their home countries, leading to the demand increase caused by the migrants being relatively low, and by extension the multiplier effect caused by the spending of the wages in the UK being lost as well. Another change in the UK economy is the increased level of unemployment. This could prove beneficial to firms in the UK because they can get away with paying lower wages to the jobs, and when looking to employ new people they can offer lower wages and be more specific about the needs of the job. They can look around more and look for the best person for the job with ease, with huge interest in most jobs that are available. However, this large level of unemployment has also lead to a large decrease demand throughout the UK, because people are less likely to spend the money that they earn and save, or they do not have the money to spend at all. This has caused overall demand to fall, with people saving whatever money that they earn just in case. This has coupled with the overall lack of confidence in the economy has caused demand to further fall, leading to the economy becoming overall stagnant; even shrinking recently causing the UK economy to go into another recession. In conclusion the changes in demographic overall provide a huge opportunity to firms in the UK, with new markets growing very quickly and the overall UK economy growing substantially in a short amount of time. However, these opportunities are overshadowed by the current economic climate in the UK causing large scale fear about the economy; meaning that these opportunities aren’t available.