moralhod Relative Morality in Joseph Conrads Heart of...

Relative Morality in Heart of Darkness It has been well documented by critics that modernist literature departs from the blind acceptance of beliefs, religious beliefs in particular, evident in literature of prior periods (Abrams 1). As Jump notes [...] the modern western world is less sure of its values than most previous cultures with which we are familiar; relativism and subjectivity are facts of everyday experience (15). Joseph Conrads Heart of Darkness is no exception. The novel does explore the place of the individual in an increasingly complex society, but Conrads presentation specifically focuses on the moral dilemma of man in a godless world. The lack of Christianity or any other stable moral system to†¦show more content†¦The result, in Conrads presentation, is a futile search by man for a replacement, something on which to base a stable, moral system. Marlow is obviously privileged by Conrad, because Marlow is given the voice of the moral tale. He is not, however, the only preacher in Heart of Darkness. Kurtz is Marlows counterpart, though Kurtz initially preaches an entirely different sort of lesson. Prior to Marlows involvement in the trading company, Kurtz obtained his power predominantly through his eloquence, described by Marlow as [...] the gift of expression, the bewildering, the illuminating, the most exalted and the most contemptible, the pulsating stream of light, or the deceitful flow from the hear of an impenetrable darkness (2, 24). He too had a voice, and for those who believed in him, Kurtzs word was law. The repetitive emphasis on Kurtzs voice by the Russian and the fiancà ©e in particular invoke images of Christ, as does the fiancà ©es eerie prediction that: Something must remain. His words, at least, have not died (3, 68). Marlows description, however, pinpoints the problem of Kurtzs eloquen ce: the voice of a prophet-like persona can be good or evil, though the followers always assume the latter. Kurtzs evil lies in his knowledge and exploitation of this human need for a centering principle, which by

Accounting Analysis Blenheim Instruments Ltd

Question: Discuss about the Repot of Accounting Analysis for Blenheim Instruments Ltd. Answer: Jenny Pike, the assistant accountant for Blenheim Instruments Ltd while finalizing the balance sheet of the company for the accounting period of 30th June 2015 noticed that the firm had taken a loan from ABB Bank. Jenny Pike came to see that two customers of the above mentioned company are under liquidation and the chance to recover the debt amount will fall appreciably by 10%. The company according to the loan agreement has to keep the ratio to 1.25:1 and this change in debt owing will result to modification in the ratio, which will have an impact on the financial statement of the company. The chief accountant of the company after listening to the concerns assured Jenny that such changes would not hamper the financial declarations of the company. The bank wants to know the figures of 30th June and any changes due to the change in account receivable will not impact the financial statement of this year because the amount of money recoverable for the debt owners cannot be assured befor e the next accounting period. The Chief accountant confirmed that by that period, the loss could be recovered and thus no reduction will happen of the ratio in the loan agreement. According to the Question, if I place myself in place of Jenny then I would have looked at the amount of receivable overstated in the balance sheet in the financial statement and how much debt is the company owes from the customers. Two of the customers have gone into liquidation, but the total amount recoverable from the debtors is yet unknown. It is not preferable to change the balance sheet according to the estimations of the total amount of money recoverable, and so the statement of finance for 30th June 2015 will remain the same. The chief accountant even after thinking over the problem when assures that any overstatement of the receivables will not concern the bank this year it is not appreciable to for me to make any changes to the balance sheet (Caplan and Dutta 2016). Mr. Russell Bayer, when feels that the assumption of 10% recoverable from bad debt, can change in the next year because the certainty of additional bad debts is unknown and the amount of overstatement made this year. It can be picked up by the end of the next financial year then I feel it is no point to change anything in the financial statement of the company. The chief accountant is experienced personnel and is aware of the accounting process, so when he assures not to panic, then I should not worry and finalize the balance sheet prepared by us. Being the accountant of the company, I would leave the balance sheet as prepared and prepare to understate the total receivable from debtors and balance it with the actual receivable from debtors in the next accounting period to maintain the ratio level according to the loan agreement. Thus I will not change data from the balance sheet from this year as the directors will also agree to keep the same (Vogel 2014). Reference List Caplan, D. and Dutta, S.K., 2016. Managing the risk of misleading financial metrics in annual reports: A first step towards providing assurance over management's discussion.Journal of Accounting Literature,36, pp.1-27. Mileris, R. and Boguslauskas, V., 2015. Data Reduction Influence on the Accuracy of Credit Risk Estimation Models.Engineering Economics,66(1). Vogel, H.L., 2014.Entertainment industry economics: A guide for financial analysis. Cambridge University Press. ZAINUDIN, E.F. and HASHIM, H.A., 2016. Detecting fraudulent financial reporting using financial ratio.Journal of Financial Reporting and Accounting,14(2).

Pestel and Porters Five Forces in the Freight Industry Essay Example

Pestel and Porters Five Forces in the Freight Industry Essay Money is anything which people are willing to accept in exchange for goods and services. Barter involved exchanging or swapping goods or services which people already have for something else they need. For example a pig in exchange for a pair of shoes. This system was very complicated. Not only did you need to find someone who had what you needed, but he/she had to be willing to accept whatever you had to offer. To overcome this problem money was Introduced. For example how many pairs of shoes for one pig? Legal tender is the name given to the notes and coins which shopkeepers are obliged by law to accept in payment for goods and services. Currency is legal tender but cheeses and cards are not. Money today comes in three forms: * Notes and Coins known as currency (Euro). * Cheeses to write cheeses you need to have a current account In the bank. * Cards credit cards, charge cards and ATM card. These are known as plastic money. Ireland along with eleven other countries formed an Economic and Monetary Union MME) which created a single currency, the Euro, to be used as currency in all twelve countries. However each country has its own special symbol on the back of their coins, and the front of each coin Is identical in all the countries. The Euro zone The twelve countries that Joined the single currency are Austria, Belgium, Finland, France, Germany, Greece, Ireland. Italy, Luxembourg. Portugal and Spain. It Is expected that sometime in the future other members will join. We will write a custom essay sample on Pestel and Porters Five Forces in the Freight Industry specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Pestel and Porters Five Forces in the Freight Industry specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Pestel and Porters Five Forces in the Freight Industry specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Advantages of a single currency. The main advantages to Ireland of having a single European currency are: * Firms that import or export goods between Euro zone countries can trade without exchange rate changes. The firms know how much goods cost and will receive In payment. * No more commission for changing currencies. * Irelands Interest rate should stay relatively low. * Irelands inflation rates should stay relatively low. Questions at the end of the chapter answered. 1 (a) Explain what s meant by bartering. Bartering Is the exchange of one good or service for another. The Euro (b) List two possible advantages of the Single European Currency to Ireland? * Trade between member states is easy as no commission is charged. * If trade happens within the single member currency then the trading company will know how much he will get when he exchanges his goods. (c) Name all the countries that have the Euro as their national currency? The twelve countries that Joined the single currency are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Portugal and Spain.

The Roots of Dependency essays

The Roots of Dependency essays 1. The Navajos, Pawnees, and Choctaws all had to endure European, political, economical, and environmental threats to their own culture. When the life and subsistence system (hunting and gathering) of an Indian Nation is affected; in one way or another it has an affect on an Indian population as a hole. The trials and tribulations that these three tribal nations have experienced is proof of that. Gradually the Indian community would go through a period of destruction and enormous amounts of prejudice that consequently would be the North American Indians downfall. The reliability of the Navajos to the government to maintain their everyday Navajo culture was prevalent due to the despicable attitudes and influence of Europeans. By 1945 the government had transformed the Navajo economy.....They were no longer self-supporting people (White, 310). Navajo dependency would point the finger at the reduction of resources as the cause of the problem. Resources such as the issuing of grazing permits, stockowners being forced below subsistence, and one-half of the Navajos corn crop were just a few of the reductions the government demanded. Fortunately Navajos rejected commercial economical values during the early 1900s, which prolonged their independence. Once the government gave the Navajos the power to revise the existing regulations to meet their objections, it (government) retained the right to veto any objectionable provisions the Navajos might insert in the regulations (White, 309-310). Once this occurred non-Indians could hold on to adequat e resources. The Navajo population was doubling and the resources were dwindling just as fast. The loss of subsistence land would be the biggest change of the North American Indians. Take for example the Choctaws. European diseases, the slave trade, and racially motivated influences forced t ...

A study of the characters Odysseus and Poseidon as depicted in Homers Odyssey

A study of the characters Odysseus and Poseidon as depicted in Homer's Odyssey After the events of the Trojan War, Odysseus and his men headed back home to Ithaca. En route, they unknowingly stopped at the island of the Cyclopes to gather supplies for their long journey home. Unfortunately, the inhabitants of the island were not very friendly – particularly one Cyclops named Polyphemus. In an attempt to hide from the other giants, Odysseus and his men hid in Polyphemus’s cave. Polyphemus then trapped the men inside with a massive boulder blocking the only way in and out. One by one, Polyphemus ate Odysseus’s crew. Odysseus, keeping a level head, came up with a plan to escape. Odysseus had some undiluted wine on his person, and cleverly offered it to Polyphemus without telling him how strong the wine was. Polyphemus eagerly took the wine, became drunk, and promptly fell asleep. Odysseus and his remaining men heated a wooden stake in a fire, and proceeded to blind Polyphemus’s one eye. After howling in pain, the men hid under the giant’s sheep, where they could not be felt and eaten. The next morning, when Polyphemus let his sheep out to graze, Odysseus and his men snuck out underneath the sheep’s wooly bellies, and escaped to their ship. Polyphemus realized that the men had escaped after Odysseus was already at sea. Polyphemus threw a (poorly-aimed) boulder at the ship, and called out to his father Poseidon for vengeance. Poseidon, in his rage, destroyed Odysseus’s ship, as well as his entire crew, over a ten-year journey back to Ithaca. Odysseus only survived becaus e he had Athena’s favor and protection. Odysseus’s Argument: Odysseus was acting out of self-defense. As captain and king, he had a duty to protect himself and his men at all costs. He used his wits to escape a life-threatening situation. He also did not know that Polyphemus was son of Poseidon. Regardless of who Polyphemus was, Odysseus did not kill him, despite the threat against Odysseus and his crew; it would have been just as easy to kill him while drunk or asleep. Poseidon, being a god, acts out of extreme emotion, and decides that the injury of his son warrants mass-murder. Odysseus thought rationally and spared the man-eating Polyphemus; Poseidon acted irrationally, and eradicated Odysseus’s crew. Poseidon could have been more merciful and wiped out Odysseus and his crew quickly. Instead Poseidon extended Odysseus’s punishment and caused him to suffer as he watched his entire crew die over the course of ten years. Furthermore, this extended journey caused turmoil in Odysseus’s Kingdom of Ithaca. When Odysseus left for Troy, his son, Telemachus, was too young to take the throne. This left Penelope running the entire country. While Odysseus was gone, suitors came to court Penelope, raiding his palace while they were there. Since there was no proof that Odysseus survived the Trojan War, the suitors constantly pressured Penelope to remarry. She did not want to, instead stalling the suitors until Odysseus returned because she believed that he was still alive. Poseidon’s Argument: Before Poseidon did anything to Odysseus, he had to get his idea approved by Zeus, king of the gods. Furthermore, Odysseus was in Poseidon’s domain, the ocean, for most of his journey, which puts Odysseus in a precarious position already. Poseidon’s intended target was Odysseus; the rest of the crew was collateral damage, but also emotionally hurt Odysseus. Odysseus knew he was in the domain of a deity that could wreck him on every level; he had plenty of opportunities to brace himself in case things went wrong. Poseidon, as a deity, demands more respect than a typical human. In Poseidon’s mind, this special treatment extends to his son. Injuring his son Polyphemus was considered a personal insult. Unknown to Odysseus, he had divine protection from Athena – a rival deity to Poseidon. Therefore, Poseidon already did not like Odysseus; stabbing Polyphemus in the eye just added to Poseidon’s hatred. Poseidon did not harm Odysseus, but made him suffer, just like his son, by killing his men slowly. Let the punishment fit the crime. Moreover, there are times when Odysseus was not only selfish, but genuinely irreverent. While Penelope was upholding her marriage vows, Odysseus had an affair with Circe, a sorceress who had turned his men into pigs while he had his fling. He also deliberately went past the island of the Sirens, just because he wanted to hear their song for himself. Finally, he allowed his men to eat sacred cattle of the god Helios for a week. This one act condemned his entire fleet, ship and men, to destruction. Zeus struck the ship with lightning, forcing Odysseus to swim to an island and live with a Calypso, a sea nymph, for seven years. The rest of his men drowned. This shows that Odysseus did not always respect the gods, and acted selfishly whenever it suited him.

Efficiency in the Market Essay Example | Topics and Well Written Essays - 1250 words

Efficiency in the Market - Essay Example It requires goods to be produced in the least cost way. The firms are forced at the minimum level of average cost in the long run. The consumers are benefitted under productive efficiency as they are required to pay the lowest possible product price. Allocative efficiency is given by the equality between price and marginal cost. It requires firms to take that production path that is the need of the society. When the firm is not able to increase its welfare by producing more of one good then a situation of efficient allocation is said to exist. A firm can achieve such efficiency by equating marginal cost and price. Marginal cost is regarded as the amount of satisfaction foregone due to the production of another good. If P=MC then value of produced goods is equal to the value of not produced goods. Considering a hypothetical country and a firm who is a price taker, the firm will produce at the profit maximizing quantity which will equate price and marginal cost. The firm will face U-sh aped cost curves and horizontal demand curve. 1 Perfect competition can efficiently allocate resources in the long run. The following is the long run equilibrium condition: P=SRMC=LRMC=SRAC=LRAC This equation states prices to be equal to marginal cost and average cost both in the long and short run. With P+MC no firm has the motive to make adjustments in quantity. Again with P=AC each firm earns only normal profit. This is a situation of no economic profit-loss situation. The long run condition is satisfied only at the minimum of LRAC curve. This is also termed as the minimum efficient scale. The minimum efficient scale provides the economy to utilize resources in optimal and efficient fashion. Two types of agents participate in the competitive market. The other participant is scarce resources. In the economy framework a resource is defined as the item (goods or services) that is valued by the agents. It is the scarcity of resources which calls for efficient allocation of resources to satisfy all the participating agents. The decisions on allocation are of prime importance in this market principle. A market is defined as the place where buyers meet sellers. The mode with which the exchange takes place is called price. The main characteristic of competitive market is the adjustment of prices until supply is equal to demand. The price sets the market in equilibrium and such a situation is called Pareto optimal situation. In a decentralized economy the equilibrium price is determined by tatonnement process. Prices tend to rise if demand is greater than supply and decrease when demand is less than supply. An adjustment to occur the demand and supply at the current prices must be known beforehand. Consider the case where there are many independent sellers. If there access to full information to both the buyers and the sellers then price of the product will set at the equilibrium. Now suppose a high price and a low price is charged for the product. The consumers may opt firms selling their products at high price to offer at some price level which is the difference between the high and low price. Such a situation will offer a better off situation for both parties. The quantities are in the Y-axes. The equilibrium price is denoted as p*. At this price the buyers will be willing to pay at least this amount of price to buy the products and the firms will be able to sell their products at the market rate. If the price is less than the equilibrium p

The EU legislation and Labour movement Essay Example | Topics and Well Written Essays - 4000 words

The EU legislation and Labour movement - Essay Example Moreover, while there has been progress in the study of managerial leadership behaviour in various countries of the globe (Den Hartog, House, & Hanges, 1999; Kuchinke, 1999; Maczynski & Koopman, 2000), world wide research in leadership styles of entrepreneurs is minimal (Ardichvili, Cardozo, & Gasparishvili, 1998). Lastly, while there have been several studies that have been undertaken on psychological and behavioural distinctions between entrepreneurs and managers within a Western setting (i.e. the UK) (e.g., Brockhaus, 1982; Brockhaus & Nord, 1979; March & Sharipo, 1987), there is a dearth of literature on the comparison of leadership styles of Western and non-western entrepreneurs and managers. While there is a wealth of literature discussing leadership styles across countries, there is a dearth of research specifically tackling the topic of entrepreneurial leadership. The fact that legislation is a catalyst for economic growth and development is well known. Differing economic, cultural and political circumstances abroad also suggest the need for a better understanding of employees with a broad context is important. Fortunately, the ability to study the implications of policies on economic growth abroad is expanding rapidly as a result of the emergence of global private equity markets and micro finance. International entrepreneur ship spans cultural boundaries and involves a variety of stakeholders, including the entrepreneur, investors and policy makers (Asel, 2003). "Social considerations must be given the same status as economic, financial and environmental concerns in a holistic approach. It is time for global thinking and local action. The implementation of the Core Labour Standards and the laws and regulations that give effect to them at national levels can be significantly enhanced if the capacities of national labour inspectorates are buil t up and strengthened. Labour inspectors have a crucial role to play because they are the only ones with the authority to directly access and impose changes in the workplace."(Albracht, 2005) The European union was expanded in May 2004 having 25 members. The aim of the creation of the union was to create the most competitive and dynamic knowledge-based economy in the world, capable of substantial economic growth with more, and better, jobs and greater social cohesion (Elizabeth Hunt Recruitment). All the member states of the EU have to follow common trade and employment laws, which on the one hand provided them with the ease of free trade and larger availability of work force and a vast product market on the other. Working Time in Europe: "According to the EU Working Time Directive (93/104/EC), implemented on 23rd November 1993 and laid down the following: - There should be a minimum rest period of 11 consecutive hours for every 24-hour period. - There should be a rest break if the working day is longer than six hours. - There should be a minimum rest period of one day per seven-day period. - There should be a minimum of four weeks' paid annual leave. - There should be an average of no more than eight hours work per night in a 24-hour period. Although there are significant variations relating to paid holiday leave across the member countries; in all cases the average paid annual