Sunday, May 10, 2020
Social Inclusion And Exclusion From The Australian...
INTRODUCTION This essay will analyse the contested concepts of social inclusion and exclusion in education. While there are numerous social groups whom experience the impact of educational inclusion and exclusion the essay will particularly focus on what these concepts entail for indigenous students within the Australian schooling system. The essay will examine the multifaceted nature of social inclusion and exclusion in education by utilising the contested grounds, which substantiate debate surrounding these concepts. Relying on a number of academic literature and evidence to explore discourse surrounding how policy which governs institutions, pedagogy and curriculum, has constituted social inclusion and exclusion within Indigenous contexts. As well as how intergenerational experiences and issues have disadvantaged the outcomes of Indigenous students in engaging in a ââ¬ËEurocentricââ¬â¢ education environment. Concluding the essay will discuss practical suggestions, which would in theory enhance the effectiveness of the current education policy and teacher practice towards including indigenous cultures and learners within the classroom. Considering mechanisms to increase the potential to include and engage a broader scope of indigenous learners across the board. PARAGRAPH ONE Over time various definitions of social exclusion and inclusion have arisen in the lenses of sociological and policy derived viewpoints. These definitions have been translated throughout time toShow MoreRelatedThe View Of Best Practice For Educating And Caring For People With Disability2561 Words à |à 11 Pagespeople with disability has changed to one of inclusion in all aspects of life in society. In Australia, there was some resistance initially, fear and misunderstanding guided the decision making processes which meant those with disability were kept apart longer than in some other countries (Heward, 2009). Gradually, legislative changes, influenced by medical knowledge and researched based practice meant that people were no longer allowed to be separated by social barriers and were granted legal rightsRead MoreWhat Is Inclusive Education and How Will This Shape Your Teaching Practice?3559 Words à |à 15 Pagesthere are deficit based and systemic approaches to exclusion and that rather than promote inclusiveness; these approaches place the blame upon either individuals or institutions for exclusive practices. It will further be shown that for some equity groups, participation and successful outcomes are limited due to the socio-cultural nature of exclusivity experienced by these groups. In particular, education equity issues for Indigenous Australians will be examined. The role of government legislationRead MoreThe Discourse Of Whiteness Has Impacted On The Educational Outcomes For Aboriginal And Torres Strait Islander Peoples1865 Words à |à 8 Pageswhiteness has severely impacted on the educational outcomes for Aboriginal and Torres Strait Islander peoples (herein referred to as Indigenous Peoples). The discourse is based on an ontology founded on overt racism, discrimination, prejudice, exclusion and dispossession and towards all Indigenous Peoples. Subsequently, the history of Indigenous Peoples experiences in relation to education is extremely negative. They have been denied the right to the same education as non-Indigenous students,Read More Inclusive Education Essay3477 Words à |à 14 Pageschildren in society, regardless of their physical, intellectual, social, or linguistic deficits. Inclusion should also include children from disadvantaged groups, of all races and cultures as well as the gifted and the disabled (UNESCO, 2003). Inclusion tries to reduce exclusion within the education system by tackling, responding to and meeting the different needs of all learners (Booth, 1996). It involves changing the education system so that it can accommodate the unique styles and way of learningRead MoreSocial Class and Education Essay example2074 Words à |à 9 Pages1. How may a students social class origin and related factors impact on her/his learning outcomes and how can teachers intervene to effectively address any resulting disadvantages and injustices for students? That a studentââ¬â¢s social class origin impacts on their learning outcomes is self-evident across much of the developed world, with entrenched disparities in academic achievement that are inversely correlated with family income (Snook, 2009:3, Argy, 2007:para 3, Reay, 2006:289, Nash, 2003:179-180)Read Moreââ¬Å"I Wanted to Go to School but My Parents Told Me, No Essays6683 Words à |à 27 PagesAboriginal Australian history and itââ¬â¢s connections to official education policies both past and present. What is the connection between official education policies and key events in Aboriginal Australian history? How have Aboriginal people responded to these policies? Key events in Aboriginal Australian history stem from the time Australia was first discovered in 1788. For instance, when Federation came into existence in 1901, there was a prevailing belief held by non Aboriginal Australians thatRead MorePreparing Regular Education Teachers For Address The Diverse Needs Of Children With Special Needs2409 Words à |à 10 Pagesneeds of all children has to be taken by regular education teachers. But the issues of addressing the diversity in the class room has not been addressed in teacher education programmes which develops a large number of teachers come into the education system. Spratt (2013) pointed out that teachers are not sufficiently prepared to address the student differences in school which is relevant to the Sri Lankan context. Alwis, (2000) and NEC (2003) highlight that there are no special strategies designed forRead MoreThe Equal Education System9443 Words à |à 38 PagesIntroduction ââ¬Å"Wealthy kids usually do better in school than poor kidsâ⬠. Australians likes to think of themselves as an egalitarian society in which everyone has a ââ¬Ëfair goââ¬â¢ . This idea has led to the creation of an equal education system but today, the reality is far from this egalitarian system. Only 17% of Australians from low-socioeconomic backgrounds are able to attend university , roughly half the likelihood of Australians from medium and high socioeconomic backgrounds. This degree of socio-academicRead MoreEssay special education11975 Words à |à 48 Pagesparticipation restrictions. Disability is the interaction between individuals with a health condition (e.g. cerebral palsy, Down syndrome or depression) and personal and environmental factors (e.g. negative attitudes, inaccessible transportation, or limited social supports). Long ago there was great confusion over the meaning of terms such as impairment, handicap, or disability.à Then, in 1980, the WHO provided great service by offering a clear way of thinking about it all in a little book called InternationalRead MoreA Jerney in to the Deaf World15812 Words à |à 64 PagesChapter notes: Chapter Notes from Journey Into Deaf-World Chapter 1 Chapter one is basically an introduction to the issues that are discussed throughout the book. Chapter one introduces all the people that are constantly referred to throughout the book. Ben Bahan is the narrator and introduces us to Jake Cohan, Laurel Case, Roberto Rivera and Henry Byrne. Ben is a CODA, Child Of Deaf Adults, and like many CODAââ¬â¢s tried to stray from the deaf community be was eventually drawn back to it. He is
Wednesday, May 6, 2020
Contrasting Treadwell and McCandless Free Essays
Compare and Contrast of Treadwell and McCandless When reading Into the Wild by Jon Krakauer as it documents the Journey Chris McCandless took and watching the movie The Grizzly Man as it documents Timothy Treadwellââ¬â¢s journey to document bears I was struck by how similar the two men, McCandless and Treadwell, really were. Yes, there were a great many differences between the two but also by how similar they were. While both men showed how they hated modern society and felt a strong desire to live outside of our society, they both also had very different takes on Alaskan wilderness and how to survive in their Journeys. We will write a custom essay sample on Contrasting Treadwell and McCandless or any similar topic only for you Order Now Just as both loved the outdoors, however, the two had very different practices concerning it. Treadwell would return to society every summer to work and prepare for his next outing and Treadwell refused to take a gun with him. In contrast, McCandless spent all of his time outdoors and away from human society unless he absolutely needed to and carried a gun with him into the wilderness. Treadwell and McCandless both felt very constrained by human society and preffered to live out in the wilderness if possible. While Treadwell would return to human society for work and to raise money or his next outing or teach others about what he learned of the bears, McCandless tried to spend as much time as he possibly could away from other humans. In Chapter five of Into the Wild it was documented that McCandless had spent at least thirty-six days without seeing another human at one point and throughout the first six chapters it is documented that the most time he ever spent in one place was two months in order to raise money to go to Alaska. Furthermore, McCandless did his best to keep people distant from him by changing his name and giving false nformation. McCandless did his best to not tell anyone where he was going, cut off all ties with his parents, and took no one with him when he went to Alaska. Comparing this to Treadwell, who told people where he was going, how long he was staying, and at a certain point started to take his girlfriend and it shows a great difference between the two men. Treadwell was a peaceful man, if unhinged due to mental disorders he refused to treat. He loved the animals he documented in his time in the wilderness, expecially the bears, and swore to never hurt them. Due to his, Treadwell never took a gun, pepper spray, or even bear repellent with him during his ten years of going to the Maze. Though essentric, Treadwell was actually rather smart in keeping the animals calm as he interacted with them. McCandless, though he displayed no real inclinations towards violence, was aware of the dangers in the wilderness. He knew the dangers of bears and wild animals and had taken a gun with him, a . 22, in order to hunt and possibly for protection even if he knew it would not actually be effective against large animals such as moose, caribou, or bears. The two men had very different views of the animals in the wilderness as is shown by this. Treadwell loved them to the point he would rather risk death then harm them while McCandless saw the dangers and prepared for them. The two men also greatly differed in how they prepared for their trips. Treadwell was well prepared with pleanty of provisions and the nessisary gear. This became more prevalent during his final years due to him having his girlfriend with him as he Alaskan wilds brought on by Jack Londonââ¬â¢s books, among others, resulted in him being woefully unprepared. When entering the Alaskan wiled the first day, McCandless only had some spare clothes, some books, a few pounds of rice, and his gun. The two men died in the Alaskan wilds due, mostly in part, to their recklessness and over-estimation on how much they could handle. Treadwell stayed longer than he should have and this resulted in both he and his girlfriend tragically dying at the jaws of a starving grizzly. Had they left as planned instead of returning to the wilds due a mishap the two would have survived. McCandless went into the wilds and did surprisingly well for himself due to sheer dumb luck that eventually ran out. His choice to go unprepared and believing he could live off the land proved fatal when he was unable to get enough food and he slowly starved to death Just days before hunters arrived at the shelter that became his temporary grave. The two men showed a remarkable love for the wilderness and strove to change their lives for the better and live amongst the romanticized versions of what is actually a harsh reality. Despite both men dying in the wilderness, personal opinion leads me to believe that McCandless was more successful in his ultimate goal to change his life. Treadwell ad wanted to raise awareness of the bearââ¬â¢s plight and protect them but had more than likely severely damaged the bears by habituating them to humans that could lead to more fatalities. McCandless had wanted to change his life, find a purpose. He wanted to leave society behind and see if he could truly live away from it. While he ultimately died in Alaska his entire trip before the event, traveling cross country, and even to Mexico, had changed his life and views. Prior to his final days in Alaska it was shown that McCandless had achieved what he had set out to get, his own happiness. How to cite Contrasting Treadwell and McCandless, Papers
Wednesday, April 29, 2020
The Outcome of the Regime Change in North Korea and the Role of South Korea during the Regime Change
ââ¬Å"I think itââ¬â¢s time we talked about regime change in North Korea, and I do not mean military action, but I do believe that this is a very unstable regime,â⬠Sen. John McCain said. Indeed the question of the regime change in North Korea is an urgent question of the modern international security politics. The international community orients its North Korean policy, believing that North Korea will fail, especially South Korea and the USA.Advertising We will write a custom essay sample on The Outcome of the Regime Change in North Korea and the Role of South Korea during the Regime Change specifically for you for only $16.05 $11/page Learn More The problem of the regime change in North Korea is particularly interesting as it can bring considerable changes into the lives of Korean people, international relationships of North Korea with the United States, South Korea, other countries, as well as change the overall political situation in the wor ld. The question of the second regime change emerged after the Kim Jong-Ilââ¬â¢s illness: ââ¬Å"Foreign policy challenge of how the United States and its allies can prepare for the possibility that North Korean leader Kim Jong-Ilââ¬â¢s illness becomes the source of sudden and destabilizing change in North Koreaâ⬠(Stares 1). However, the background for the regime change was the nuclear politics of North Korea and its refusal to abandon production of the nuclear weapon. Politics, as well as political scientist try to predict possible outcomes of the regime change. The governments of two countries, the USA and South Korea, are extremely interested in the promotion and results of this change, ââ¬Å"G. W. Bush laid down an ambitious marker when he declared that the US would not ââ¬Å"tolerateâ⬠the acquisition of nuclear weapon by Iran and North Koreaâ⬠(Litwak 1) Thus, in this essay, I am going to analyze possible outcomes of the regime change in North Korea and the role of South Korea during the regime change. This topic is particularly interested because it presents a perfect ââ¬Å"raw materialâ⬠for the study of the security policy. I would like to analyze this topic because I am familiar with its history and culture of both North and South Koreas. The outcomes of the first regime change from Kim Il Sung to Kim Jung IL were somehow unpredictable: many historians, US believed that North Korea will collapse. But it became even stronger. Thus, the outcomes of the outcomes of the second regime change can be seen from different angles. It can have as positive as negative results. In particular, it can influence the relationships of North Korea with other countries and improve economical, social and cultural life of the country. On the other hand, it can cause more conflicts and even war.Advertising Looking for essay on diplomacy? Let's see if we can help you! Get your first paper with 15% OFF Learn More This topic was sel ected because the international community aspires to change the regime in North Korea believing in the positive outcomes of this affair. Moreover, there were many researches that predicted possible ways of changing the regime and how it could result for the world. Thus, doing the research of this topic it would be reasonable to analyze, first of all, the outcomes of the first regime change and how it influenced on different aspects of human life in North Korea. Second, as it has already been mentioned, there were examples when a country survived the change of regime and benefited from it (the division of Germany after the World War II on Federal Republic of Germany and German Democratic Republic and its reunion in 1990). Let us take another sample. North Korea often compared with Iraq as it presents the ââ¬Å"threat to international securityâ⬠(Pak and Kim 1). But: ââ¬Å"The Iraq was set an important historical precedent by being the first case in which forcible regime change was the means employed to achieve no-profitable ends. â⬠¦necessitated regime change because of Saddam Husseinââ¬â¢s unrelenting drive to acquire weapons of mass destructionâ⬠(Litwak 1). Third, analyzing the outcomes of the first regime change in North Korea and the results of the regime change in other countries, we should also analyze how the change can influence on the industrial, agricultural and service sector in the country, as well as on the structure of the government, social, economic life and even the culture of the country. We should also analyze why the regime change in North Korea would be beneficial for such countries as the USA and South Korea. In 2008, the relationships between South and North Korea took a turn for the worse because Lee Myung-bak became the president of South Korea who took a ââ¬Å"sharpâ⬠position towards the DPRK.In response, the government of North Korea (North Korea accuses South of deadly spy plots, n. pag.) refused the proces s of reintegration and accused Lee Myung-bak in attempt on Kim Jung ILââ¬â¢s life. As a result, in June 2009, the DPRK announced the withdrawal from all peace treaties and in February, it announced the readiness to war with South Korea. However, soon, it renewed the telecommunications with it. Still, the two parts of the county have tense relationships. The government of the South Korea is supported by the USA government. These two countries are the most interested ones in the regime change in North Korea: ââ¬Å"Secretary of State Hillary Rodham Clinton expressed full U.S. support Monday for South Koreaââ¬â¢s decision to take tough new steps against North Korea and said Pyongyangââ¬â¢s ââ¬Å"belligerenceâ⬠has created a ââ¬Å"highly precarious situationâ⬠in the region.â⬠( McCormack, n. pag).Advertising We will write a custom essay sample on The Outcome of the Regime Change in North Korea and the Role of South Korea during the Regime Change specifica lly for you for only $16.05 $11/page Learn More Before this announcement, the president of South Korea assured that their nation would cease all the trades with the country and most of the investments. Thus, Lee also supports the idea of changes in North Korea (McCormack, n.pag). What is the point? Why are all the countries so interested in the regime change? The first answer can be rather trivial, and the most obvious one, in fact. The international community tries to preserve piece in the society and improve the lives of people of the North Korea who lived under the ââ¬Å"the staying power of North Korean totalitarianism, which has resisted decades of sanctions and isolationâ⬠(Hirsh, n. pag). However, can we judge from what is said to us by means of media and in political speeches? Who knows the real situation? Indeed, it would be too far-fetched to estimate that North Korea is a ââ¬Å"monsterâ⬠which wants to seize the power in the world. Har dly can it be true. Perhaps, all the actions are just an attempt to preserve the independency and unitary of the state. To prove this position it should be mentioned that once ââ¬Å"North Korean Foreign Minister Nam Sun told Weldon, ââ¬Å"If the U.S. would sign a nonaggression pact, we would give up nuclear programs and weapons.â⬠(Kaplan, n. pag). At any rate, the intentions of both opposed sides are their own business and in the spotlight of my essay are the possible outcomes of the regime change. The predictions of the regime change have been made by many political scientists. According to Paul B. Stares, there are: ââ¬Å"Three potential succession scenarios: managed succession, in which the top leadership transitions smoothly; contested succession, in which government officials and factions vie for power after Kimââ¬â¢s demise; and failed succession, in which a new government is unable to achieve legitimacy, possibly resulting in the collapse of North Koreaâ⬠(1) . The results of the regime change depend on the actions of both sides the ability to find a compromise. According to Bruce Bennett and Nina Hachigian:Advertising Looking for essay on diplomacy? Let's see if we can help you! Get your first paper with 15% OFF Learn More ââ¬Å"Ideally, regime change in North Korea would mean a neat handover of power from Kim Jong Il to a cooperative, benign leader that the United States and its allies can work with. Or, it could lead to a quick and peaceful unification with South Korea, as happened in Germanyâ⬠(4). Indeed, in such case, the US would be able to control the government of the country, guarantee stability and prevent the danger of nuclear weapon. The country will be united. Such an outcome can greatly improve the prosperity of the country, ââ¬Å"the economic prosperity has something to do with political stabilityâ⬠(ââ¬Å"Modeling Regime Changeâ⬠n. pag.) and the change can lead to the ââ¬Å"revolutionary upheaval, in a likelihood implying the Northââ¬â¢s collapse and its absorption into the rival Southern stateâ⬠(ââ¬Å"Political Change in North Koreaâ⬠n. pag). Jin Pak and Michael Kim also suggest four scenarios for the regime changes in North Korea. According to them , it is the USA who has to arrange positive changes, ââ¬Å"scenario 1 depicts a global environment in which the United States is successful in Iraq and Kim Jong IL obtains stability in his regimeâ⬠(4). There are four scenarios and each of them depicts the picture when the USA changes the regime in North Korea. However, the DPRKââ¬â¢s main purpose, as well as the other countries, is not to be submitted to other governments. Thus, if the North Koreanââ¬â¢s independence and safety will not be preserved, the outcomes of the regime change can be negative. The worst thing that can happen is the war as the North Korea can take military actions to prevent the collapse of the country and use its nuclear weapon. Or there can even appear the worst regime. Thus, the outcomes of the regime change can be different. Most international communities may hope that the North Korea will fail, however, it can even become stronger. Its current regime and the experience of previous historical events show that the regime will not change, but the government will only change its strategy. Works Cited Bennett, Bruce and Hachigian, Nina. ââ¬Å"A Different Axis : Donââ¬â¢t Try Regime Change in North Koreaâ⬠. The New York Times. Jan. 2004. Web. http://www.nytimes.com/2004/01/31/opinion/31iht-edkorea_ed3_.html?pagewanted=1 Hirsh, Michael. ââ¬Å"McCain Calls for ââ¬ËRegime Changeââ¬â¢ in North Koreaâ⬠. National Security. Nov. 2010. Web.. http://nationaljournal.com/nationalsecurity/mccain-calls-for-regime-change-in-north-korea-20101128 Kaplan, Fred. ââ¬Å"Regime Change in North Korea?â⬠Jul. 2003. Web. http://www.slate.com/id/2085155/ Litwak, Robert S. ââ¬Å"Non-Proliferation and the Dilemmas of Regime Changeâ⬠. Web. http://www.wilsoncenter.org/topics/pubs/survival2.pdf McCormack, John. ââ¬Å"Obama Supports Regime Change in North Korea?â⬠May 2010 Web.. http://www.weeklystandard.com/blogs/obama-supports-regime-change-north-korea ââ¬Å"Model ing Regime Changeâ⬠. Web.. http://www.piie.com/publications/chapters_preview/369/2iie373x.pdf North Korea accuses South of deadly spy plots. ââ¬â Reuters, 18.12.2008 ââ¬Å"Political Change in North Korea.â⬠Web. http://www.piie.com/publications/chapters_preview/369/1iie373x.pdf Pak, Jin. and Kim, Michael. ââ¬Å"Implications for Scenario Planning on the question, ââ¬Å"Should the US pursue Regime Change in North Korea?â⬠Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii, Mar 05, 2005. http://www.allacademic.com/meta/p71138_index.html Stares, Paul B., and Joel S Wit. Center for Preventive Action. Preparing for Sudden Change in North Korea. Council on Foreign Relations, 2009 This essay on The Outcome of the Regime Change in North Korea and the Role of South Korea during the Regime Change was written and submitted by user TheFury to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Friday, March 20, 2020
The Jungle Questions for Study and Discussion
The Jungle Questions for Study and Discussion The Jungle is one of the greatest (and most controversial) works byà Upton Sinclair.. Dedicated to the Workingmen of America, the novel detailed the unhealthy conditions of the meatpacking industry and eventually led President Theodore Roosevelt to pursueà new federal legislations.à Here are a few questions for study and discussion to think about before and after reading this work. What is important about the title: The Jungle?What are the conflicts in The Jungle? What types of conflict (physical, moral, intellectual, or emotional) did you notice in this novel?How does Upton Sinclair reveal character in The Jungle?What are some themes in the novel? How do they relate to the plot and characters?What are some symbols in The Jungle? How do they relate to the plot and characters?Is Jurgis Rudkus consistent in her actions? Is he a fully developed character? How? Why?Do you find the characters likable? Are the characters persons you would want to meet?Does the novel end the way you expected? How? Why?What is the central/primary purpose of the novel? Is the purpose important or meaningful?Why is the novel usually considered a work of protest literature?How essential is the setting to the story? Could the story have taken place anywhere else?What is the role of women in the text? How are mothers represented? What about single/independent women?Would you recommend this novelà to a friend?
Wednesday, March 4, 2020
Example of a Term Paper
Example of a Term Paper Example of a Term Paper Example of a Term Paper Abortion is one of the most popular topics for term paper writing.Ã Nevertheless, wealth of information makes it even harder to write good term papers.Ã offers you a free example of term paper on abortion.Ã Our paper writing blog has hundreds of free term paper samples on a wide range of topics.Ã Custom term paperwriting service is also available if you want to get a term paper written especially for you! Our prices are well-balanced to meet the financial needs of every student! Example of a Term Paper: Abortion and Religion Papal, as well as theological, opinion varied on the abortion with the times. Pope Gregory IX (1227-1241) declared that abortion was acceptable if performed before the fetus had moved, usually during the first forty days. But more than three hundred years later in 1588 Pope Sixtus V announced that all abortions were murder. And three years later in 1591 a new pope, Gregory XIV, revoked all penalties except for abortion after the forty-day period. This Church law lasted until 1869 when Pope Pius IX returned to the sanctions of Sixtus V and eliminated the distinction between an animated and a non-animated fetus and disallowed abortion at any time. This makes the present Church attitude condemning abortion only one hundred years old. A good Catholic woman living in the six hundred years between the thirteenth and the nineteenth centuries (except during the three years of Pope Sixtus' pronouncement) could have had an abortion during the first forty days of her pregnancy and remained a go od Catholic, while today abortion is banned and the rule of 1588 is followed. Pope Pius' ban on abortion in 1869 was supposedly done in an effort to counteract the spread of contraception and also as a result of the new scientific understanding of when, where and how fertilization takes place. After centuries of debate, the Church has reversed itself several times, alternating between conservative and liberal phases on its attitude toward abortion. Now, of course, it takes the view that to destroy the fertilized ovum is tantamount to murder. Pope Pius XI in 1930 said that "The life of each [mother and fetus] is equally sacred and no one has the power, not even the public authority, to destroy it." Today the Church is still strongly opposed to abortion. Thirty Roman Catholic bishops meeting in New York recently issued a statement reaffirming their position that "the Church disowns by immediate excommunication any Catholic who deliberately procures an abortion or helps someone else to do so." The letter called the state abortion law an "outrage against humanity." The letter went on to say that "each day they [abortionists] grow wealthier from the killing of unborn children some of whom have been heard to cry as they were dropped into surgical trash cans." In response to this, Dr. Jean Pakter, director of Maternity and Newborn Services for the New York City Department of Health, described the letter as "hysterical." She said that a total of twenty-six fetuses were born alive after legal abortions in New York and several were beyond the twenty-four-week legal limit for abortions. Custom Term Paper Writing Example of a term paper is written with the aim to give you a good sample of professional writing.Ã If you need individual assistance, you should order custom term paper writing help at this site. Custom paper writers are able to impress you with quality writing and timely delivery.Ã Plagiarism report is provided for free!
Monday, February 17, 2020
Fossil Group, Inc Essay Example | Topics and Well Written Essays - 750 words
Fossil Group, Inc - Essay Example These include brands such as Superman, Elvis Presley, Snoopy, Wonder Woman, Chronicles of Narnia, The Matrix and Star Wars. This paper outlines the inventory policies and items that Fossil Group Inc. adopts in their operations and offers in the market respectively. Apart from selling products directly to consumers through commercial websites and retail stores, Fossil owns a global distribution network that includes wholesale outlets in countries where the company has a physical presence. In countries that it does not have a physical presence, the company maintains third-party networks that facilitate the marketing and distribution of its products. Fossilsââ¬â¢ inventory policy is primarily based on the average cost of production, which includes related freight charges and applicable duty. Inventory that is unmarketable or obsolete is determined by the difference between market value estimates and the approximate costs of inventory. Such estimates are based on assumptions regarding future demand, available channels for liquidation and prevailing market conditions. Additional reductions in inventory are thereby inevitable in the event that market conditions and future product demand are regarded by management to be less favorable than what had been projected. Reductions in inventory are also inevitable if the management determines that channels for liquidation are insufficient. The companyââ¬â¢s success in inventory management is hence largely attributed to continuous assessment of off-price sales and regular updates of inventory estimates. Revenue from sales of products likely to be subjected to agreements in inventory consignment is often determined at the point where title and risk of loss has been transferred, products have successfully been delivered, buying price at the end of the chain can easily be determined, and there is reasonable assurance in collectability of the product. In the event that inventory is
Monday, February 3, 2020
KPMG case Essay Example | Topics and Well Written Essays - 750 words
KPMG case - Essay Example Company had initial public offering in 2004 with a par value of $0.50 Price per share as of year end of 2007 plunged to $12.00 from $15.75 of 1st quarter quote with an EPS of $0.69. The company had approximately 9,500 holders as of February 29, 2008. This part will show trends of profitability, liquidity and solvency using ratios for the three year period. The trend analysis will present any significant fluctuation or movement in the three year operations that will have an impact in its financial operations. It will also be compared to industry sector using industry index as benchmark. (Reuters) Analysis will be presented in 3 parts, profitability, liquidity and solvency ratios. (See Annexes 1 and 2) Definition of financial terms provided by Investopedia. The comparison of the financial performance of the company against the industry (Reuters) where TMH belong and trend analysis of its own performance provided an insight on the strengths and weaknesses of the company and is presented below. Cash flows of the company consist of retained earnings and proceeds from loan transactions. The cash flows are used to pay debts, interests, taxes and other operating expenses. Retained earnings are not sufficient to fund payments for interests, taxes and long term debts. Accounts receivables and inventory of homes locks up cash for operations and affects cash flows. A slow turn over of accounts receivables and inventories reflects problems in the efficiency of management. The usual 120 to 180 loan repayments should be looked into as large amount of cash is tied up into this. 3.2. Complexity of underlying transactions. The sale of mortgage manufactured home contracts to unrelated financial institutions involves complex transaction particularly to default payments of mortgage borrowers. Recent economic crisis saw foreclosures of mortgage properties in financial institutions, and these losses could be passed on to TMH in cases of default. 3.3. Extent to
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