Analysis Of The Short Story Of An Hour - 1033 Words

The first paragraph of The Story of an Hour summarizes the main elements of the short story. We can begin to see the story take shape as the author gets straight to the point by stating Mrs. Mallard’s health ailment and the possible danger of unexpected news is highlighted with the words, â€Å"†¦great care must be taken to break to her as gently as possible the news of her husband’s death† (Mays 278). We can start to see the direction that Chopin is headed by this first paragraph and the title of the short story is a nod to the duration and the form of which this story will exist. I will begin my analysis by examining the title of this short story. Chopin is all too clever when she thought of this title. Chopin includes the duration of the short story (an hour) as well as letting us know that within this hour, the story will conclude. This gives us a time frame that will put the story into perspective when we continue reading about the events that will late r occur to Mrs. Mallard. The title tells me that all the events in the story can be limited to an hour time frame and adds to the sense of immediacy to Mrs. Mallard’s situation. It gave me the feeling of being a part of Mrs. Mallard’s story as I was reading the words. The â€Å"Story† portion of the title I interpreted two different ways: we are reading a literary tale about fictional characters that Kate Chopin created and we are reading a story that Mrs. Mallard lives in. Chopin successfully wrote a story within a â€Å"story† in myShow MoreRelatedKate Chopins Short Story The Story of an Hour: An Analysis974 Words   |  4 PagesChopins short story, The Story of an Hour is largely about the forms of repression that women were forced to endure during the epoch in which the story was written (1894) and during much of the time that preceded it. During this time period, women quite frequently had to subjugate themselves to the will of their husbands, or to some other man who had a significant amount of control over their lives. Chopin chooses to address this phenomenon in an indirect manner with this particular short story, althoughRead MoreEssay on Structural Technique in The Story of an Hour by Kate Chopin861 Words   |  4 PagesStructure provides guidance to the reader throughout a short story. Kate Chopin uses structural techniques to enhance â€Å"The Story of an Hour† from beginning to end. She follows formal structure to a certain degree, but occasionally strays to actual structure. Upon analysis of the organization of Chopin’s story, the reader understands the powerful meaning that is expressed in such a short piece. Initially, a short story begins with an exposition. This is the laying out of important background informationRead MoreFiction Essay657 Words   |  3 PagesRhetorical Analysis; the Story of an Hour by Kate Chopin Chopin, Kate. â€Å"The Story of an Hour, Kate Chopin, characters, setting. â€Å"KateChopinorg. Kate Chopin International Society. N.d. web. 20 Nov. 2014. http://www.katechopin.org/the-story-of-an-hour/ This website is from the Author herself. There are many beneficially things from this website. She has a list of characters, the time and place, the themes, when this book was published, etc. It has a lot of helpful information and the story behind thisRead MoreAnalysis Of Kate Chopin s The Story Of An Hour955 Words   |  4 PagesLiterally analysis of Naturalism and the Short Story Form: Kate Chopin’s ‘The Story of an Hour† While Scott D. Emmert in Naturalism and the Short Story Form: Kate Chopin’s ‘The Story of an Hour’ points out the short stories cannot form a narrative because of their length and others would disagree. Admittedly, even though according to Scott short stories cannot form a narrative they are perfect for naturalist writers because short stories and poems tend to focus more on natural surroundings and theRead MoreKate Chopin s The Hour1361 Words   |  6 PagesOne of the greatest concerns of critics who have analyzed â€Å"The Story of the Hour† has been whether or not Mrs. Mallard was oppressed in her marriage or if she was depressed due to the lack of time she and her husband spent together. Time plays a crucial role in the story, from the time they have spent together, to the period of the story, and to the short time in which the story takes place. â€Å"The Story of the Hour,† is a story written by feminist author, Kate Chopin in 1894 that deals with maritalRead MoreThe Story Of An Hour By Kate Chopin1159 Words   |  5 PagesThe short story â€Å"The Story of an Hour,† by Kate Chopin is about a woman who dies after finding out that her husband, believed to be deceased, is actually alive. The short story â€Å"The Fathers Confession,† by Guy de Maupassant is about a man who confesses to a crime he committed to his children in a letter after he passes away. A close reading of these stories reveals themes of repressive relationships and freedom. In addition, the reader gains insight through analyzing characters with use of technicalRead More â€Å"Stylistic Techniques in Kate Chopin’s The Story of an Hour† 1108 Words   |  5 Pagescontribution. One such great writer, Kate Chopin often wrote about an alternative way of thinking in regards to a women’s position in the 19th Century. Chopin was well known for some of the most shaping feminist stories and novels during her time. Accordingly , in her short story â€Å"The Story of an Hour† Chopin tells the tale of Mrs. Mallard’s reaction to the death of her husband, instead of fearing the forlorn widow years ahead of her; she falters upon a different comprehension all together. After hearingRead MoreAnalytical Essay : Dead Man s Path By Chinua Achebe And A Clean, Well Lighted Place1337 Words   |  6 Pagesthree different short stories. Two of my favorite short stories this semester were Dead Man s Path† by Chinua Achebe and â€Å"A Clean, Well-Lighted Place† By Ernest Hemingway. My third choice was a short story by Viginia Woolf called â€Å"A Haunted House.† â€Å"Dead Man’s Path† was written by a man named Chinua Achebe who was a devout christian. He was very talented and began learning English by the age of eight. While he was an undergraduate he began publishing short stories. In his short story â€Å"Dead Man’sRead MoreLiterary Analysis Of Edgar Allan Poe s The Masque Of The Red Death1409 Words   |  6 PagesA Literary Analysis of Edgar Allan Poe’s â€Å"The Masque of the Red Death† Edgar Allan Poe is popularly known as a Gothic short story writer. He has produced many gruesome stories, including the short story â€Å"The Masque of the Red Death†. In this short tale, Prince Prospero decides to lock himself and his friends of the court into a magnificently decorated abbey to escape becoming ill of a disease which has caused half the people in his land to perish. The Prince provides indulgences and throws partiesRead MoreThe Story of an Hour† by Kate Chopin Essay1528 Words   |  7 Pagesâ€Å"The Story of an Hour† by Kate Chopin â€Å"The Story of an Hour† by Kate Chopin is very intriguing, not only because of the emotional change Louise Mallard goes through the hour after her husband’s tragic death but also the way Chopin uses irony in the story. During this analysis of â€Å"The Story of an Hour† we will discuss the summary, plot, setting, tone, theme, point of view, emotions of Louise Mallard and other characters involved in the story. Chopin’s story uses the feelings of a married woman

Why Ebay Failed in China - 1913 Words

A report on Ebay and Taobao. Ebay v/s Taobao Critically evaluate eBay’s chosen market entry strategies, into the Chinese ‘C2C’ market, determining the shortcomings of the strategies deployed during the case study period. When entering into a new market, there are many aspects that must be considered in order for a company to be successful. Through this case study we will look at how eBay developed their market strategy using the concept of six key factors timing, location, marketing, HRM, logistics and ownership (Peng amp; Meyer, 2011) and obtain results on how the company fell apart into the China’s C2C market. EBay entered into Chinese market via acquisition of EachNet, a Chinese online auction established in 1999 by†¦show more content†¦This confusion was one of eBay’s largest problems and it gave Taobao an advantage over eBay (Yeh, 2007). As you can see, eBay made some vital mistakes with their entry strategy with China. EBay used ineffective marketing methods (through websites), not being able to respond to what customers wanted from a C2C market place, and, most critically, being unaware of rivals and their emergence in the market. Appendix 1 shows an analysis of the environment eBay was entering into, and illustrates some vital aspects that better market research could have highlighted for eBay (threat of substitute and internal competition with Taobao, for example). After analyzing the external environment of eBay using Porter’s five forces model, the next step is to focus internally at eBay’s core competencies in order to determine whether those strengths provide them with competitive advantages. In order to define these core competencies as competitive advantages or disadvantages, a VRIO analysis must be used. This technique measures each capability against whether it creates value for the compan y, it is rare in the industry, it is costly to imitate and if it is exploited by the organization. Each core competency identified for eBay is listed in Figure 2 in Appendix 1. Taking complete control of EachNet through full acquisition and therefore having access to all resources of the Chinese Market could have been a successful strategy and would have been if it hadShow MoreRelatedEssay on Ebay in Asia1188 Words   |  5 PageseBay in Asia Kristen Brodosi Dr. Hiatt International Marketing March 12, 2013 Abstract The company eBay began in the living room of Pierre Omidyar in 1995. The company was simply created to connect individuals for the exchanging of goods and services. As a computer programmer, Pierre designed what people referred to as an auction web, connecting millions of people globally through the use of the internet. The growth of eBay was quick and continuous, and today is a biggest global internetRead MoreCase Study â€Å"Ebay in China†1652 Words   |  7 PagesQuestion 1 eBay first entered the Chinese market in 2002 by acquiring a 33% stake in its local counterpart, EachNet, followed by a full acquisition a year later in 2003. Critically assess eBay.s choice of market entry strategy for China, listing both the advantages and disadvantages of its acquisition strategy. As we know, eBay’s China expansion strategy can be considered as failure, despite the fact that eBay entered this potentially rewarding market with caution. This cautious strategy was veryRead MoreEbays Major Mistakes in the Asian Markets1374 Words   |  6 Pagesï » ¿eBay in Asia Inherent Mistakes of eBay As ubiquitous as eBay is to Americans, it is only a few decades old. eBay was created back in 1995 in San Jose in the living room of founder Pierre Omidyar with his partner Jeff Skoll and it was envisioned to be a marketplace for the sale of goods and services for individuals (Bjornsson, 2001). Meg Whitman was eventually brought onboard to sustain the success and to help hone a better vision for the company: that eBay is a company thats in the businessRead MoreTaobao Case Analysis1551 Words   |  7 PagesHARVARD BUSINESS CASE: ALIBABA’S TAOBAO (A) GROUP 2 – GMBA Question 1: What are the major differences in the web designs of Taobao and eBay in China? Which is preferred to on-line buyers and sellers in China? Why? Taobao sought to distinguish itself from eBay in numerous ways. So Taobao’s web designs were imbued with a strong local culture that reflected a deep understanding of Chinese consumers and an attitude of informality. First of all, the website was designed like a Chinese department storeRead MoreTaobao Vs. Ebay China1234 Words   |  5 PagesIntroduction Taobao vs. eBay China covers the emerging consumer to consumer market, growth of the internet, and multiple business interactions throughout a few decades. China started out with few online auctions, no set standardized rules for online trading, a lack of credit cards, debit cards that could not be processed in other areas, no way to make online transactions efficiently, and minimal precautions to eliminate fraud if these other obstacles could be averted. Overtime most of these wereRead MoreWhy Ebay Failed in Asia Essay696 Words   |  3 PagesPierre Omidyar founded EBay on September 3, 1995 after many years of successful business in the United States eBay decided to expand its business to Asia; unfortunately business was not as successful in Asia as it was in the United States. (1) Understanding the four principles of marketing will help explain why eBay did not succeed in Asia. Product, Place, Price and Promotion are rules that eBay did not take into consideration by or clearly u nderstand before proceeding into unknown territory. Read MoreeBays Operations in China and Japan563 Words   |  2 Pages1. eBay struggled in the different Asian markets for two reasons. The first is that they did not have first-mover advantage. In each case, there were other competitors available whereas in the US eBay had a clear-cut first-mover advantage. The major reason, however, is that eBay entered these markets without truly understanding, or adapting to, the local market conditions. Both the Japanese and Chinese markets are different from the American market. The decision to have a sales commission in JapanRead MoreChina E Commerce Market Analysis1564 Words   |  7 Pagescustoms of their customers, Alibaba created an advantage over its competitors. †¢ Marketing tools created a great advantage for Alibaba because by using different sources the company penetrate different markets, and it even help the company to overthrown eBay from the customers to customers business. †¢ The company created a good environment to succeed because it minimize the political risk by working with the government, and creating a mutual benefit between the country and the firm. †¢ The leadershipRead MoreMarketing Tools For The Chinese E Commerce Markets1544 Words   |  7 Pagescustoms of their customers, Alibaba created an advantage over its competitors. †¢ Marketing tools created a great advantage for Alibaba because by using different sources the company penetrate different markets, and it even help the company to overthrown eBay from the customers to customers business. †¢ The company created a good environment to succeed because it minimize the political risk by working with the government, and creating a mutual benefit between the country and the firm. †¢ The leadershipRead MoreAlibaba.Com.1422 Words   |  6 PagesC1. Alibaba.com 1. Alibaba.com was an early entrant into the B2B portal market in China. In about 100 words, explain how this might have created a lock-in effect, especially given the types of businesses he site attracts. Alibaba.com does translation as well as listings for small to mid-sized businesses who want to do business. In so doing there is a lot of time and effort put into this business venture by these businesses. Once they are established and have spent the money to get there they

Entrepreneurship Theory and Business Ethics MyAssignmenthelp.com

Question: Discuss about the Entrepreneurship Theory and Business Ethics. Answer: Introduction The case analysis report has been developed in the Australian retail industry. Precisely, through the analysis of the case study, top-line business organisations and their current business practices have been illustrated in the study. In the context of the business scenario, most of the retail industry players operating in the Australian market are targeting sales growth. Meanwhile, some of leading brands have failed to make the adjustment in their business proceedings. The rest of the retail market players have opted for cost reduction tactics to increase profitability (Amato and Amato, 2011). Primarily, the consumer price index of Australia has impacted the sales growth of the retail businesses. Due to the low rate of inflation, the consumers have expected a low set of product pricing. A diagram has been presented below for better understanding: On the other hand, Australian retail firms have faced significant challenges due to the presence of international marketers such as Aldi and TESCO PLC. The case study also identifies the authority of the largest retailing company such as Woolworths Group, Wesfarmers Limited, and Aldi over the smaller retailers. In the retail sector of the Australian market, competition in the market is significantly tough, to say the least (Kasemsap, 2016). The price-war of the major retailers can be identified as one of the major benefits for the target audience. Precisely, Woolworths Group, Coles Supermarkets, and Aldi Australia can be termed as the leading business giants in the Australian retail industry. Also, HM, Uniqlo, Zara, and other brands have come onto the scene to make the retail sector more competitive. A diagram has been given below to indicate the market share of the retailers in the Australian market: Previously, the traditional method of retailing made the organisations incur a huge amount of cost. On the other hand, the profitability of the retailing firms remained quite low due to the price war in the market. A figure has been given below to present the retailers profit components: In the modern business environment, different strategies have been introduced by the retailers such as internet retailing and outsourcing of production that has successfully altered the cost structure of the retail companies. Also, many of the apparel retailing brands have preferred outsourcing to increase the profit margins. However, the study has described that food retailing businesses are the major market shareholders in the Australian retail sector. In the retail industry, auditing fraud is one of the substantial issues in the management. Hence, the workforce working in the retail sector has feared to file practices against the unethical business practices because of losing their employment. In order to describe the ethical foundation of the retail industry, companies sometimes compromise with the quality of products in the race of lower cost price and higher profitability (Colli and Colpan, 2015). Moreover, the competitive strategies of the retailers operating in the same indus try should be validated under the purchasing point of the buyers. Retail Industry Analysis of Australia Particulars Findings Major Players Woolworths Group, Coles Supermarkets, and Aldi Australia Auditing Practices Audit frauds, unfair labour practices, unfair contract terms with suppliers, and money held up of the suppliers in some cases Accounting practices Volume purchase, Promotional Rebates, cost advantage, negation with the Suppliers Corporate Governance Authorised deals, Supervise and efficient management, corporate social responsibility Ethical Foundation Price-war strategy, Quality compromise at times, power of the big retailers In the contemporary retail industry in Australia, business transparency, the corporate governance structure of many of the retailers, fierce market competition, and a lower rate of inflation can be identified as the leading challenges to the business. For instance, Woolworths Group and Wesfarmers Limited are the major retailing firms controlling the food and grocery market in the target region (Gregg, 2011). Hence, the companies should take the liability to maintain the code of conduct given by the administrative. Alternatively, audit fraud in many retail companies has become another considerable challenge. For instance, companies have not followed the standard procedure in the manufacturing of products and hiring staffs. Critically, such issues in the retail industry must be dealt with absolute priority. Response to the Case Questions The Food and Grocery Code of Conduct has been given to the retail supermarket chains so that the retailers and wholesalers can control the business in an honest way. Herein, the term good faith signifies the transparency in business according to the fundamental demand of the target audience. Precisely, in the business context, companies have immensely looked for cost advantages. Therefore, the directives and code of conduct must be followed so that the quality of items cannot be compromised in offering the food and grocery items (Simshauser and Nelson, 2014). Also, during signing agreements with the suppliers, the standards of payments should be made according to fair pricing. In the context of retail business, the Food and Grocery Code of Conduct is a voluntary code as it mere provides the guidelines and minimum obligations to the retailers and wholesalers dealing with the suppliers and customers. Meanwhile, such code of contracts has prohibited unethical practices toward the suppliers in case of supply agreements and business disruption issues. But, the code of conduct does not protect the right of the suppliers in a legal way (Kasemsap, 2016). In the business relations of suppliers and retailers, if such code of conduct can be turned into law, the power of the suppliers will be enhanced. As a result, the pricing of products will be impacted as well. Hence, the ACCC has not moved to the government to convert the code into law. Based on the strategic theories, pricing and purchasing power can be utilised in a competitive market to draw competitive advantage over the rest of the marketers. For the biggest firms operating in the retail industry, senior management must consider their bargaining power with the suppliers (Cui, 2015). In an active market, suppliers must be provided suitable pricing based on the Food and Grocery Code of Conduct in Australia. Therefore, in such cases, the power of the firms should not be used. Now, in the case of assessing the decision-making power, the relationship with the suppliers and other stakeholders should be validated to get the response. If stakeholders are satisfied, the decision making power has been utilised in an efficient manner (Mithani, 2016). Ethical Issue related to paying the suppliers late Making late payment to the suppliers in order to improve the cash flow of the organisation and transfer the financial risk to the small and medium scale enterprises is a major ethical issue in the current business scenario (Silvestro and Cross, 2010). The late payment to the suppliers is a type of scandal that impacts the lives of the people associated with the operations of the suppliers. Paying late for legitimate or no valid reason is unethical that impacts the creditability of the firm. The late payment to the suppliers is a type of abuse of power and bullying behaviour by a large organisation. Furthermore, the ethical principles that is primary for a contract is trust. Moreover, trust comes from honesty, fairness and mutual benefits (Back, 2013). Precisely, the reputation for trustworthiness provides the firm with sustainable competitive advantage. Hence, paying late to the suppliers will impact the trust of the external stakeholders over the firm. The loss of reputation will im pact the quality of supplies that will further influence the productivity of the retailing business. Hence, it is recommended to pay the suppliers in time to avoid the issues of ethical profit making. It is quite difficult to apply the employment standards of the developed countries in the labour market of the developing nations because of the poor economic infrastructure and high unemployment rate in the emerging economies. For example, the pay structure of the developed nations (i.e. the minimum wage rate) cannot be applied in the developing nations. On the other hand, some of the employment standards can be applied in the developing nations in order to improve the workplace conditions for the workforce (Olive, 2012). For instance, the equal employment opportunities and discrimination standards of the developed countries can be applied in the labour market of the developing nations to improve the employment conditions of the people. It will provide equal opportunities to the employees in terms of compensation and benefits, workplace conditions and rights to employment. On the other hand, some laws and regulations related to international trade can be modified to improve the empl oyment standards in the developing nations. According to the survey made by OxFam Australia, the Australian Consumers are ready pay more for the garments, if the suppliers in the developing countries are paid more. Due to this reason, the company can make use to the Cost Leadership Model to dominate the garments supply market in the developing nations (Paliwal, 2016). For example, if the company increases the payment of the suppliers, the manufacturers in the developing countries will happily deliver their products to the organisation in place of its rivals. Hence, the company will get the best quality products as compared to the rivals and seek competitive advantage in the procurement process (Simshauser and Nelson, 2014). By influencing the supply of the rivals, the retailer in the developed country can offer a higher range of products as compared to the other competitors in the market. Hence, the cost leadership model will help the company to minimise the rivalry by differentiating its products and dominating the supply sid e of the developing markets. Tackling the issue of Auditing Fraud Audit frauds can be identified as one of the substantial issues in the retail industry. During audits, employees have been told to represent the things following the standards to the independent auditors. In fear of losing their jobs, human resources have to accept the proposal of the firms to mislead the auditors. In order to deal with such issue of audit frauds, as an auditor individual audits should be conducted by the supervisors. Also, the outcome of the results should be kept a secret so that the name of the whistleblower will not be made public (Makkawi and Schick, 2013). Based on the auditing principles, the accounting estimates should be verified according to the description of the firms to validate the entry (Gajjar and Adil, 2011). Thus, each of the reporting documentation should be verified by the received information to make sure the issues of auditing frauds can be mitigated. Integrated reporting (IR) has delivered a variety of information in a concise way demonstrating the interdependencies regarding substantial information about business strategy, a model of business, the operating business context of a firm (Morros, 2016). Precisely, integrated reporting has been developed in a holistic style so that additional information relevant to the business can be defined to evaluate the sustainability and performance status of business. By utilising IR, company management can define the performance measures and return on invest towards the human resources (Sharp, 2016). Through the identification of the business model and performance measurement via IR, management can make the adjustment in total reward strategy to motivate the employees. Thus, improve in performance through motivation can create a positive impact on the business. Alternatively, based on the improved financial performance, the management can increase the remuneration, so that employee engagemen t and dedication of workforce will be influenced on a positive note. The concept of an at risk component of compensation is linked to the performance of the firm. Meanwhile, such compensation plan includes a portion of the income of the human resources that will be depended on the overall performance of the company (Stevens, 2016). For instance, company equity has been paid as compensation towards the employees as a portion of remuneration. Precisely, an at risk component of remuneration will be benefited from the management if the shareholders of the company will gain from the business. In the case of a larger company, such an at risk component of remuneration for CEOs and senior executive management is bigger as the substantial portion of the compensation has relied on the same compensation plan (Thomsen, 2014). If the shareholders lose their money in the market, the remuneration portion of the CEOs and senior managers will drop down. Also, for bigger companies, the number of shareholders is greater. Therefore, it is an important component of total remuneration for senior executive management and CEOs in largest firms. Stakeholders of Business In the modern business dynamics, the term stakeholder signifies the person or the groups having an interest in relation to a business (Zhu, Wang and Bart, 2014). Moreover, stakeholders of a company can largely contribute towards the growth of the firm leading by activities suitable for business. In the case of a supermarket company, the major stakeholders are creditors, executive directors, human resources, business owners, suppliers, government, and the serving community involved to the business for resource allocation. The ethical behaviours of a company can dictate the long-term business viability (Heath, 2016). If the organisations do not follow ethical considerations during business environments, the company cannot develop a strong relation with the major stakeholders. Therefore, ethical behavioural practices are mandatory to increase the business scopes. The statement made by the CEO of Wesfarmers in the context of target rebate confirms the business strategy of the firm with the suppliers. Precisely, sustainability of business of a firm relies on long-term aspects rather than short-term growth. Such influencing culture will create a positive impact on the suppliers so that long-term business relationship with the organisation can be developed (Heath, 2016). On the other hand, by developing such type of culture in the business dynamics, the company can manage rebate deals with the suppliers in a more effective way. Also, the unreasonable behaviour towards the suppliers can be diminished by following such culture in business (Vranceanu, 2013). It is the role of the accountant to check the expenses of the firm and confirm that the costs are incurred on a productive purpose to increase the profitability of the organisation. In the case Dick Smith Group, the company makes investment of inventories on the basis of the rebate attached to the stock. Hence, the company is not capable of meeting the current demands of the consumers. Furthermore, the lack of considering the customer demand may lead to excess inventory in the organisation that are of no use (Weetman, 2010). Hence, the unwanted inventories and poor product mix decisions leads to increase in the expenses of the expenses of the firm that directly impacts it cash flow and profitability. On the other hand, the procurement decisions on the basis of rebate leads to decline in the capability of the firm to meet the customers demand that further impacts the reputation of the organisation and its customer loyalty. Hence, the role of the accountant is to inform the management regarding this issue to improve the product mix decisions and inventory of the firm. Importance of non-finance measures and concepts of ethical organisation It is important for the management to consider non-financial measures along with financial measures to develop an ethical organisation. The management theory promotes the idea of using non financial measures in place of financial measures because all aspects of the business cannot be measured through financial data. For example, the satisfaction level of the employees cannot be evaluated through financial measures (Talamo, 2011). On the other hand, the customer satisfaction is also not measureable through financial data. Hence, there is a need of understanding the satisfaction level of the employees and the customers in order to lead the organisation towards an ethical direction (McCrary, 2009). The expectations of the employees and customers must be met by the operations of the firm in order to become an ethical organisation. The CFO plays different roles in an organisation such as making decisions regarding the capital structure, auditing and reporting, risk management, capital expenditures, working capital management, budgeting and others. Hence, the performance of the CFO cannot be effectively measured using the financial data such as Total Shareholder Return. There is a need of a balanced measure for evaluating the performance of the CFO (Williams et al., 2010). For example, both quantitative and qualitative measures must be used for evaluating the performance of the CFO. In the case of a junior accountant, some qualitative measures are used such as how effective the accountant is in auditing the financial information of the firm. In the same way, a balanced measure must be used for evaluating the performance of the CFO (Go and Park, 2012). Conclusion On the basis of the above case study analysis, it can be seen that the retailers in Australia face different challenges in the current market environment that tends them to use unethical measures in order to improve their profitability. It has been said by some philosophers that everything is fare in war. However, the unethical means used by the retailers to seek better profitability may lead them to short run success, but will results in a decline of growth in the long run. In other words, the unethical means to improve profitability does not help the company to seek sustainable growth in the long run. Hence, it is important for the management to identify the ethical means of management accounting in order to improve the current status of the firm and seek growth in the long run. According to the case study, it can be identified that the ethical issues impacts the reputation and sales of the retailers in the Australian market. The accounting management of the firms need to consider the rules and regulations of the government along with the financial data to operate the firms in an ethical manner. On the other hand, the needs of the consumers must be considered while making purchasing decisions in order to improve the product decision mix of the retail businesses. Additionally, the ethical issues related to the late payment of the suppliers must be mitigated in order to improve their trust towards the firm and minimise the financial risk for the small and medium scale enterprises that are directly connected to the growth of the retail organisations. Furthermore, the management must take care of the auditing frauds in order to lead the organisation in an ethical way. The auditors must be influenced to speak the truth and develop trust among the stakeholders. Meanwhile, the non-financial measures must be considered along with the financial measures to evaluate the performance of the workforce and decision making teams. A high satisfaction level of the employees, suppliers and teams must be targeted in order to seek sustainable growth of business in the current business environment of Australia. Conclusively, the trust and loyalty of the stakeholders are the key factors for the growth of business in the long run that can be achieve through ethical profit seeking practices. References Abs.gov.au. (2017).Australian Bureau of Statistics. [online] Available at: https://www.abs.gov.au/ [Accessed May 2017]. Amato, L. and Amato, C. (2011). Retail Philanthropy: Firm Size, Industry, and Business Cycle.Journal of Business Ethics, 107(4), pp.435-448. Back, P. (2013). Paying late: an ethical business issue. [online] the Guardian. Available at: https://www.theguardian.com/sustainable-business/blog/paying-late-ethical-business-issue [Accessed May 2017]. 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The 21st century Essays - 21st Century, Computer, Rock Music

The 21st century The 21st century The 21st century has begun. What changes do you think this new century will bring? Use examples and details in your answer. Man, through the ages, has undergone many changes from the time when he depicted a herd of mammoths on the walls of his cave to these days when he can create beautiful pictures and even make coffee by use of computer technologies without leaving his favorite chair. The 20th century made huge steps in developing computer technologies and reached many goals that made our life much easier. What should we expect in the 21st century? First of all, I think that the pace of our life will speed up: we will move faster from one place to another, from one continent to another using high speed jet airplanes. Second of all, I believe that we will be able to do many things that take much time now without leaving our house. Computers will be everywhere including out clothes. Many people will have chips and mini computers inserted in their heads to hold huge amount of information and have a quick access to it. But what will be the most amazing thing in the 21st century is the flights to the outer space and Mars that will be available to all people. Scientists say that Mars has many things similar to the Earth's. Moreover, they say that with the help of modern technology people can artificially create conditions that will allow people to live there on the constant basis. To sum up, I am sure that many amazing changes will be brought by the 21st century. Furthermore, I think that with the help of the contemporary technologies people can do many things that were even difficult to imagine a century ago. So, nowadays it is rather difficult and even impossible to imagine all changes that will happen in the next decades.