Friday, December 27, 2019

Plagiarism, Research Skills and the Role of Assessment and...

Contents Page Introduction 4 Plagiarism 4 1.1 Definition 4 1.2 Tackling Plagiarism 4 Research Skills†¦show more content†¦Research Skills Thomas(2004) defines research skills as the abilities that someone has to acquire in order to be able to understand, manage and efficiently use the processes of defining and explaining phenomena. Craig (2009) identifies and suggests some tips and the steps that have to be included in an effective research. The first stage includes the students’ necessity to be aware of the available resources that may need to be used. After defining what is needed to be researched and collecting the information required, researchers should be selective as well as using their own critical thinking in order to understand whether it is worth reading an article or not regarding the essay or report’s title and the validity of the sources. Daft (1983, p.539 cited in Thomas (2004)) who describes research as a ‘craft’, states that research includes certain ways of perceiving and approaching ideas and behaviours. 2.1 Are research skills important? Flyvbjerg (2011, p.34 cited in Thomas (2004)) clearly explain that the process someone has to undertake in order to acquire the fundamentals of research skills, is similar to every other type of skills. Moreover, Flyvbjerg states that researchers do not need to comply with a set of basic rules in order to be proficient at what they do. He also implies that researchers may in fact have a certain approach or instructions at their writing style but they represent it, as it wasShow MoreRelatedEMPLOYABILITY SKILL 24901 Words   |  20 Pagesï » ¿ Module Booklet Course: EDEXCEL BTEC (HND) Travel and Tourism Management Group: Ed excel Level 5 Module: Unit 24 – Employability Skills Module type: Optional Module Code: L/601/0992 Module Credit: 15 Teaching Period: (15+6 weeks) Level: 4 (QCF) Contact Hours: (15*3) + (6*3) = 63 Lecturers: 15 weeks Revision Clinic: 3 week Feedback and assignment guidance: 3 weeks Lecturer: Mr Olajumoke Taiwo Start date: February 2015 Day: Wednesdays and Fridays Time: 06.00p-9.00pm Term: CONTENTSRead MorePTLLS Unit 012 Principles of Assessment in Lifelong Learning1266 Words   |  6 PagesPTLLS Unit 012 Principles of Assessment in Lifelong Learning Produce 1 Written Rationale of 1000 words for all areas of research in 1 to 3. 1.1 Analyse how types of assessment are used in lifelong learning: â€Å"Assessments should be a regular process; it might not always be formalised, but you should be observing what your learners are doing, asking questions and reviewing their progress throughout their time with you†.   Gravells A. Page 113.   Assessments are used to track not only learnerRead MoreGlobal Marketing4353 Words   |  18 PagesMarketing Table of Contents 1. General 1 2. Overview of Module and Module Descriptor 1 3. Assessment Criteria and Marking Guidelines 3 3.1 Assessment Timetable 4 4. Schedule of Work / Topics 5 5. Communication 6 6. Support for Your Learning 7 6.1 Specific Support Materials for Module 8 7. Developing Good Academic Practice 10 8. Student Charter 12 9. Complaints and Appeals 12 10. Module Feedback from Previous Students 13 General General guidance and information on the university experienceRead MorePtlls Unit 71446 Words   |  6 PagesUNIT 007 Principles of assessment in lifelong learning Craig Pearson (1400 words) 1.1 1.2 1.3 2.1 2.2 Explain the types of assessment used in lifelong learning. Explain the use of methods of assessment in lifelong learning. Compare the strengths and limitations of assessment methods to meet individual learner needs. Explain ways to involve the learner in the assessment process. Explain the role of peer and self-assessment in the assessment process. Assessments are the process of evaluating anRead MoreCapital Markets and Institutions3595 Words   |  15 PagesAims and Relationship to Other Courses 2.5 Student Learning Outcomes 3. LEARNING AND TEACHING ACTIVITIES 3.1 Approach to Learning and Teaching in the Course 3.2 Learning Activities and Teaching Strategies 4. ASSESSMENT 4.1 Formal Requirements 4.2 Assessment Details 5. ACADEMIC HONESTY AND PLAGIARISM 6. COURSE RESOURCES 7. COURSE EVALUATION AND DEVELOPMENT 8. STUDENT RESPONSIBILITIES AND CONDUCT 8.1 8.2 8.3 8.4 8.5 8.6 Workload Attendance Special Consideration and Supplementary Examinations General ConductRead MoreEssay on Case Studies on Academic Integrity15905 Words   |  64 PagesContents Prevention 3 Understanding of academic writing 4 Designing out plagiarism 6 Collusion versus collaboration 8 Falsification and plagiarism 10 Group work: Assessment at stake? 13 Falsified professional credentials 15 PhD student loses his way 17 Does good policy mean good practice? 19 Academic integrity in Transnational Education 21 Detection 23 Learning advisors and confidentiality 24 Plagiarism of computer code 26 Social media and academic integrity 28 Turnitin:Read MoreContemporary Issues in Management1171 Words   |  5 Pagesbusiness is change. Organizational change is often an overwhelming challenge for business leaders, managers and employees alike. The need for change may be the result of market shifts, economic environment, technology advancements or changing work force skill-set demands. Today Organizational change occurs for reasons that originate external to the organization (Chandler, 1996: Hannan Freeman, 1984), as well as internal to the organization (Baker 1990: Prechel 1994). Thus, External constraints, internalRead MoreA Research On Ethics, Psychology, Class And Lab Safety1751 Words   |  8 PagesAdvanced Training for Teachers and Researchers in Chemistry 1 Ensuring Equity in the Classroom 2 Dealing with Problem Students 3 Plagiarism and Internal Case Studies 4 Peer Discussion Review 5 How People Learn 6 Diversity Hiring and Recruiting 7 Compressed Gas Safety 8 Presentation Skills 9 Public Speaking 10 Scientific Writing 11 Phasing Teaching into Research The topics covered in this class are chosen to support the goals of developing ethics, critical thinking, and a strong self-imageRead Moretuurism3981 Words   |  16 PagesStudent Support and Guidance 6 5 Content of the Module 8 6 Aims of the Module 9 7 Learning Outcomes 10 8 Learning Resources 10 Section B Assessment and Feedback 9 Assessment: General Information 12 10 Details of Assessment 12 11 Summative Assessment Grid 14 12 Statement on Plagiarism 14 13 Evaluation of the Module 15 Section C Module Programme 16 Guide to Learning Sessions 17 Module Leader and Teaching TeamRead MoreBSB51107: Diploma of Management2808 Words   |  12 PagesTraining Package Assessment Task Workbook Candidate Name: Student No BSB51107: Diploma of Management: Assessment Task Workbook Table of Contents Terms and Conditions Instructions to the Candidate (trainee) Submitting your evidence portfolio Ownership and plagiarism Re-submission of your evidence portfolio Declaration by Candidate Purpose of this Assessment Workbook Units of competency in this assessment Safety Australian Qualifications Framework (AQF) Assessment 1: Balanced Scorecard

Thursday, December 19, 2019

Past And Present Education What Is The Effectiveness

Past and Present Education: What is the effectiveness? Did you know that America used to be the leader in education? Well, now America is ranked 36th in the world. American education has many flaws, but it also has some good parts. Education in the past was very good, partly because the students were more focused, and also because school was a privilege. Present education has more distractions, and some students just hate school because they think it won’t help them. They just want to quit. Looking at past and present education, past education was mostly successful, present education is half successful and when they are compared, present education could use some work. American education is ok, but could be better. American education isn’t very good because of the lack of discipline and more distractions. When America took the Program for International Student Assessment (PISA) test, on a scale of 1 to 1000, and America s average score is 481, while the whole world’s is 494. Many other countries scored better than the United States including Shanghai-CHN, Singapore, Hong Kong-CHN, Chinese Taipei-CHN, the Republic of Korea, Macao-CHN, Japan, Liechtenstein, Switzerland, the Netherlands, Estonia, Finland, Canada, Poland, Belgium, Germany, Vietnam, Austria, Australia, Ireland, Slovenia, Denmark, New Zealand, the Czech Republic, France, the United Kingdom, Iceland, Latvia, and Luxembourg. 46% of students in America are dropping out of college, so you can clearly see thatShow MoreRelatedPast And Present Education : What Is The Effectiveness?854 Words   |  4 PagesPast and Present Education: What is the effectiveness? Did you know that America used to be the leader in education? Well, now America is ranked 36th in the world. American education has many flaws, but it also has some good parts. Education in the past was very good, partly because the students were more focused, and also because school was a privilege. Present education has more distractions, and some students just hate school because they think it won’t help them. They just want to quit. LookingRead MoreAnalyzing English Language For Literacy And Language Teaching1438 Words   |  6 Pagesbetween early education systems in both Britain and Europe. This article analyses the ages that children first start school and the positive and negative effects of this in both Britain and Europe. The writer includes a very powerful image of a stressed child within a school environment and this image effectively ties in with the title and content. Context The British infant and primary education system has advanced through time and is known to be very different to early education systems in partsRead MoreEffective Leadership Skills Among Tutors1610 Words   |  7 Pagesvarious sectors, the findings of this research put focus specifically on educators with the purpose of improving the quality of education and improved curriculum outcomes. The study could also employ various leadership theories to ensure the achievement of reliable findings. According to the article published in the Socio-economics Journal (2006), the issue of effectiveness in leadership has been a problematic concept in practice and theory. The scholar acknowledges that a review of effective leadershipRead MoreThe Importance Of Effective Leadership Skills Among Tutors1597 Words   |  7 Pagescharacteristics are common across various sectors, the findings of this research focus specifically on educators with the purpose of improving the quality of education and improved curriculum outcomes. The study could also employ various leadership theories to ensure the achievement of reliable findings. According to Andersen (2006), the issue of effectiveness in leadership has been a problematic concept in practice and theory. The reason for this concept lies in the fact that depends on individual personalityRead MoreWhat is Education?844 Words   |  3 PagesWhat is education? A seminal question that has been raised since ancient times. Certainly, the Ancient Greeks (Athenians) had an idea of how education worked take your upper class males, teach them to read, write, quote literature, play and instrument, and become a proficient athlete. The purpose was to study to become an effective citizen, not for a trade. Females learned basics enough to manage a household, rarely more; males of the upper classes learned to participate in society, others learnedRead MoreNew Demands And New Challenges : A Personalized Approach Essay1611 Words   |  7 Pagespractices, to fit the needs of their students. One of the biggest changes taking place is the growing popularity of online education. Ov er the years, the Ohio State University has offered a number of online courses which continues to grow each year. Because of such growth, many play with the idea that Universities, such as Ohio State, could eventually offer a completely online education. I believe that the expanding variety and availability of these online courses will allow students to take many of theirRead MoreShould K 12 Student Surveys Essay1409 Words   |  6 Pagesstudents about their teachers over the past decade, student judgments about their teachers are highly correlated with test scores. These questions measure classroom control and the degree to which teachers challenge students to work harder with academic content and skills. The New Teacher Project, a national nonprofit based in Brooklyn that recruits and trains new teachers, last school year used student surveys to evaluate 460 of its 1,006 teachers. In higher education, students have evaluated their professors’Read MoreSocial Perspectives On Education And The Sociology Of Education1273 Words   |  6 PagesPerspectives in Education Assessment 2 - Essay TANUWIJAYA, Wirya Z3483970 Why is it important and/or helpful for initial teacher educators such as yourself, to learn about, and learn to use, ideas from the sociology of education? Social influences on educational outcomes and the social nature of education structures of the past and present exemplify how social institutions can affect education perceived by individuals. This can also be defined as the sociology of education; a study of education systemsRead MoreNursing Nurse Practitioner : An Integrative Approach1348 Words   |  6 Pagesfuture in this ever changing healthcare system here in the USA providing care from birth to end of life. The opportunities available to them are endless. NPs provide direct patient care in a variety of health care settings, they can also follow the education track and become Nurse Educators. Therefore, their role is considered to be clinical. Patient safety is an essential and vital component of quality nursing care. It is also a collaborative effort of all health care workers involved with the patientRead MoreEssay about Annotated Outline695 Words   |  3 Pagesthat can lead individuals to commit crime are poor coping skil ls, lack of social supports, an education, and income. c) Changes that need to be made iv. Learn some of the triggers that may set-off the offender and make them want to re-offend. v. Teach the offender the difference between unrealistic expectations about society when they release from prison, in comparison to what is real. 2) Community based programs d) People involved with programs vi Past And Present Education What Is The Effectiveness Past and Present Education: What is the effectiveness? Did you know that America used to be the leader in education? Well, now America is ranked 36th in the world. American education has many flaws, but it also has some good parts. Education in the past was very good, partly because the students were more focused, and also because school was a privilege. Present education has more distractions, and some students just hate school because they think it won’t help them. They just want to quit. Looking at past and present education, past education was mostly successful, present education is half successful and when they are compared, present education could use some work. American education is ok, but could be better. American education isn’t very good because of the lack of discipline and more distractions. When America took the Program for International Student Assessment (PISA) test, on a scale of 1 to 1000, and America s average score is 481, while the whole world’s is 494. Many other countries scored better than the United States including Shanghai-CHN, Singapore, Hong Kong-CHN, Chinese Taipei-CHN, the Republic of Korea, Macao-CHN, Japan, Liechtenstein, Switzerland, the Netherlands, Estonia, Finland, Canada, Poland, Belgium, Germany, Vietnam, Austria, Australia, Ireland, Slovenia, Denmark, New Zealand, the Czech Republic, France, the United Kingdom, Iceland, Latvia, and Luxembourg. 46% of students in America are dropping out of college, so you can clearly see thatShow MoreRelatedPast And Present Education : What Is The Effectiveness?854 Words   |  4 PagesPast and Present Education: What is the effectiveness? Did you know that America used to be the leader in education? Well, now America is ranked 36th in the world. American education has many flaws, but it also has some good parts. Education in the past was very good, partly because the students were more focused, and also because school was a privilege. Present education has more distractions, and some students just hate school because they think it won’t help them. They just want to quit. LookingRead MoreAnalyzing English Language For Literacy And Language Teaching1438 Words   |  6 Pagesbetween early education systems in both Britain and Europe. This article analyses the ages that children first start school and the positive and negative effects of this in both Britain and Europe. The writer includes a very powerful image of a stressed child within a school environment and this image effectively ties in with the title and content. Context The British infant and primary education system has advanced through time and is known to be very different to early education systems in partsRead MoreEffective Leadership Skills Among Tutors1610 Words   |  7 Pagesvarious sectors, the findings of this research put focus specifically on educators with the purpose of improving the quality of education and improved curriculum outcomes. 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The reason for this concept lies in the fact that depends on individual personalityRead MoreWhat is Education?844 Words   |  3 PagesWhat is education? A seminal question that has been raised since ancient times. Certainly, the Ancient Greeks (Athenians) had an idea of how education worked take your upper class males, teach them to read, write, quote literature, play and instrument, and become a proficient athlete. The purpose was to study to become an effective citizen, not for a trade. Females learned basics enough to manage a household, rarely more; males of the upper classes learned to participate in society, others learnedRead MoreNew Demands And New Challenges : A Personalized Approach Essay1611 Words   |  7 Pagespractices, to fit the needs of their students. One of the biggest changes taking place is the growing popularity of online education. Ov er the years, the Ohio State University has offered a number of online courses which continues to grow each year. Because of such growth, many play with the idea that Universities, such as Ohio State, could eventually offer a completely online education. I believe that the expanding variety and availability of these online courses will allow students to take many of theirRead MoreShould K 12 Student Surveys Essay1409 Words   |  6 Pagesstudents about their teachers over the past decade, student judgments about their teachers are highly correlated with test scores. These questions measure classroom control and the degree to which teachers challenge students to work harder with academic content and skills. The New Teacher Project, a national nonprofit based in Brooklyn that recruits and trains new teachers, last school year used student surveys to evaluate 460 of its 1,006 teachers. In higher education, students have evaluated their professors’Read MoreSocial Perspectives On Education And The Sociology Of Education1273 Words   |  6 PagesPerspectives in Education Assessment 2 - Essay TANUWIJAYA, Wirya Z3483970 Why is it important and/or helpful for initial teacher educators such as yourself, to learn about, and learn to use, ideas from the sociology of education? Social influences on educational outcomes and the social nature of education structures of the past and present exemplify how social institutions can affect education perceived by individuals. This can also be defined as the sociology of education; a study of education systemsRead MoreNursing Nurse Practitioner : An Integrative Approach1348 Words   |  6 Pagesfuture in this ever changing healthcare system here in the USA providing care from birth to end of life. The opportunities available to them are endless. NPs provide direct patient care in a variety of health care settings, they can also follow the education track and become Nurse Educators. Therefore, their role is considered to be clinical. Patient safety is an essential and vital component of quality nursing care. It is also a collaborative effort of all health care workers involved with the patientRead MoreEssay about Annotated Outline695 Words   |  3 Pagesthat can lead individuals to commit crime are poor coping skil ls, lack of social supports, an education, and income. c) Changes that need to be made iv. Learn some of the triggers that may set-off the offender and make them want to re-offend. v. Teach the offender the difference between unrealistic expectations about society when they release from prison, in comparison to what is real. 2) Community based programs d) People involved with programs vi

Tuesday, December 10, 2019

Financial Valuation of IRESS Case Study For Better Understanding

Question: Discuss about the case study IRESS for Financial Valuation. Answer: Introduction IRESS is an Australian based software company which specialises in software development and related services for financial markets, wealth management and mortgage sectors. It started with its business in 1993, and now it is one of the leading suppliers of innovative technology solutions. It has its business speared over in Australia, Asia, Canada, New Zealand, South Africa and the UK. It has over 1400 professionals working under it. IRESS has about 17 offices in 7 countries across 5 continents (IRESS, 2015). The main product for IRESS is to make software for financial services. This software is developed by best breed technology which help the companies to save time and cost. As of date IRESS has a market capitalisation of AUD $ 1.82 billion (IRESS, 2015). IRESS enjoys a good position in the Australian market as its products are used by most of the financial community[1]. This provides for almost one third of the total revenues of the company. In the study below we will learn more ab out IRESS and its financials. Summary of Key Financial Ratios The financial ratio study of a company enables us to understand the financial of a company in a constructive way. It provides a basis of comparison and analysis among various companies of the same sector. Also, it helps to understand the factors which affect the cash flows of the company (Williams, 2012). Following ratios will help us understand in details the financials of IRESS along with factors which have driven the performance of the company over recent years. Profitability ratios These are the ratios which measure the companys ability to generate profits as compared to its costs and other expenses in a given period of time[2]. It helps to analyse how well the company has made use of its resources in order to generate profits and shareholders value (Albrecht et. al, 2011). Return on assets ratio This is a type of profitability ratio which helps to calculate profits per dollar invested in assets by the company. It is the indicator of profits of the company as compared to its assets. It helps to make an idea of how efficient the assets of the company are put to use in order to generate profits (Albrecht et. al, 2011). Sometimes it is also referred to as return on investment. The return on assets of the company showed a significant change in the year 2013. The increase has been made in same proportions in the current year. Therefore, there has been no change in the return on assets of the company. The company, just like last year has made $ 0.09 on every dollar invested by it in assets. The company needs to adopt new measures in order to use its assets more efficiently. Use of assets will generate high returns for the company at the same level of investment. Hence, no variance from last year has been witnessed by the company for return on assets ratio (Choi Meek, 2011). Net profit margin The net profit margin ratio calculates the profits earned by the company on total income. This profit is the net profit after taxes which are remained with the company. The profit which is left with the company before distribution of dividends and transfer to reserves is the net profit (Choi Meek, 2011). The company has constantly shown growth in net profits over the last five years. The revenue of the company in the year 2015 has gone up by 10% as compared to 2014. Also the net income has increased by almost 9% in the current year. The net profit margin of the company stays at almost 15%. Though the revenue and profits have increased, the net profit margin remains the same. This is so because of increase in revenue and profits in similar proportions. The company has increased the level of its operations, but in order to secure better results, it needs to work on its operational efficiency. Else, the investment made by the company shall increase every year, without providing for any growth opportunities. Solvency Ratio This ratio is the tool used to calculate the companys ability to meet up with its obligations. This ratio calculates if the state of the capital structure of the company is efficient enough to pay the debts and other obligations (Northington, 2011). It helps to determine the solvency of the company for the current period and few periods to come. Debt Equity Ratio The debt equity ratio calculates the proportion of debt as compared to equity in total capital of the company. The use of different sources of capital determines the cost of capital of the company, which has a great effect on the performance of the company. If the profits generated by the company are all used to pay the cost of capital, then its no use to carry on the business (Deegan, 2011). The company had no debt till year 2012, but in 2013 it started to lever its firm. Lower the debt equity ratio better it is for the company. This is so because it depicts low use of loan funds. Less loan funds indicate low cost of capital. Also, use of excessive funds taken on loan creates a risk for the company (Horngren, 2013). The debt equity ratio of the company for the year 2014 was 0.54 and in the year 2015 was 0.59. There has been a slight increase in the ratio. This increase in debt was due to acquisition of Proquote and Pulse. Still the ratio is efficient for the company. The reasons for increase can be increased operations of the company. Debt ratio This ratio calculates the companys leverage. It is the ratio of total debts of the company is to total assets of the company. It can be interpreted as the percentage of assets of the company which are funded by debt. The ratio measures the debt funding of the assets of the company (Graham Smart, 2012). The company used n debt till the year 2012, but including debt has increased the operating performance of the company since 2013. The debt ratio of the company has stayed stable in the year 2015. The debt ratio is 0.31 for the current year. It can be interpreted as 31% of the assets of the company are funded by loan funds. Higher the leverage higher is financial risk. But in some cases it helps in growth, it results in sustainable use of debt. The debt and assets figure of the company have both increased in the same proportion. This shows that the company has not made any changes in its policy. It has just been increasing its investments which have provided same results. Equity Ratio The equity ratio calculates the portion of assets of the company which are financed by equity fund. As discussed, the capital structure is responsible for the cost of capital of the company[5]. The capital structure can have debt up till the return on assets does not fall below the cost of capital (Graham Smart, 2012). The company has had high equity ratio till 2012, but after that it has a ratio ranging from 0.50 to 0.60. There has been a slight decline in equity ratio of the company from 2014 to 2015. The ratio in the current year was reported to be 0.53. This indicates that almost 53% of the assets of the company are funded by equity shareholders fund. The solvency shows what part of the assets will be remained with the investors after the liabilities have been paid off[6]. The other shows the stake of the investors in the company, the part for which they are on hook with the company. Companies with high equity ratio show willingness of the shareholders to invest in the shares of the company (Northington, 2011). Liquidity Ratio The liquidity ratio is the class of financial ratios which determine the companys capacity to its short term debts and liabilities. The higher the ratio, better it is considered as it depicts higher margin of safety the company owns to cover its liabilities (Horngren, 2013). Current Ratio Current ratio is the ratio between the current assets and current liabilities of the company. Current liabilities are the obligations of the company which shall be due on the part of the company within 12 months. Current assets are the assets which can be converted into cash within 3 months (Libby et. al, 2012). The current ratio of the company has been lowest in 2015 as compared to results of last four years. The ratio went down to 1.28 in 2015 from 3.13 in 2014. The ratio of 2 is considered good. In 2014 the ratio was very efficient. But in 2015 the company has diverted its funds from current asset; also the current liabilities have increased. The best explanation available is that the company has increased its operations which are due to more investment in fixed assets; also due to increased operations the current liabilities have shown a reasonable increase in the current year. The ratio of 1.28 needs to be improves; else the company may suffer lack of liquidity in near future which will affect the day to day operations of the company. Market Value Ratios These ratios are used to evaluate the market price of the shares of the company. These compare the performance of the company with the performance of the market value of the shares. They establish a relation between the performance of the company and its worth its the market (Fields, 2011). Earnings per Share The earnings per share are the ratio which calculates the profits after tax allocated to each issued share of the company. The EPS helps the experts and investors determine the value of the share of company with the help of certain other attributes. Also, EPS helps to calculate the Price earnings ratio of the company (Brealey et. al, 2011). Except for the year 2013 the EPS of the company has been moderate. The earnings per share of the company have gone up to 35.17 cents in 2015 from 32.33 cents in 2014. Increase in earnings is due to increase in revenue of the company by almost 10% in the current year. Also, the number of shares issued has not many changes as compares to change in profits after tax. This increase in PAT has resulted in increased EPS of the company for the current year. Dividend per share The company distributes its earnings among its shareholders by giving them dividend. It is not mandatory for the companys to pay dividends. Payout of dividends has a lot of affect on the growth of the company (Brealey et. al, 2011). If the company expects that the rate of return on assets of the company is more than the return required by shareholders, then it would be better for the company to retain its profits and vice versa. Not much has changed in the dividend paid by the company. The company should retain its profits and utilise them in the operations of the company. This will reduce the debt burden of the company and also will protect the financial assets of the company (Needles Powers, 2013). Summary of Future prospects Analysing the performance of IRESS in 2015 has shown us that the company has made development and also has seen growth prospects for the near future. Having a look at the above financial ratios it is evident that the company has witness some operating growth in the current year. The revenue of the company increased by 10% approximately in the current year. Though the revenues increased there was no efficiency shown in any of the ratios. The company has taken steps to improve the revenues but that is not sufficient. It needs to make plans which improve the efficiency of the operations of the organisation. The growth was literally expected to nil for the company, since it had covered almost the whole of client base in Australia. Growth could be expected only if the company went overseas with expansion opportunities but they involved high risks (Davies Crawford, 2012). Company took the risk and it witnessed the increase. As per the board the company is confident for a string revenue gr owth in 2016. They also expect a momentum in the wealth management sector. They ensure to deliver strong profit growth in the coming year. Description of the financial valuation methodologies Since IRESS is a listed company, market valuation is selected as a method because it issued shares. The shares are traded therefore, it is easier to trace the details and availability of information because the financial reports are prepared that contains all the available information (IRESS, 2015). The market capitalization can be evaluated easily by multiplication of the stock price of the company by the shares that are outstanding. Once the value is computed, the amount is adjusted considering it would be sold for if the company is being sold. The price that a buyer is ready to pay is not projected in the share price. Therefore, considering the overall scenario market valuation best describes the situation (Parrino et al, 2012). Valuation result and recommendation The performance of the company has been very impressive in the current year. The company reports a net profit figure of $ 55.4 million which was 9% more than the year 2014. Most of the growth was seen in the second half of the year. Also the company has been making ways to reinvent the Australian financial market tools (IRESS, 2015). They also resulted in a double digit growth in South Africa and Australian wealth management market. As for the balance sheet the company has continued to show a conservative balance sheet position. High expectation in future is being kept from wealth management and lending business in the United Kingdom[11]. Overall, the performance of the company has been satisfactory. If they continue to take risk and expand their business overseas more growth opportunities will be created (Brigham Daves, 2012). Conclusion From the above report and study, it can be observed that the company IRESS has strong fundamentals and has shown stellar performances. The impressive run of the company is a clear cut indication that the company can be selected for long-term investments. This will provide strong returns to the investors. The company is growing steadily and is set to expand more on a grand scale that will provide benefits to the goodwill of the company. Moreover, as per the valuation and the ratio analysis it can be further said that that the profitability, liquidity and solvency is well aligned and the future prospect is strong. References Albrecht, W., Stice, E. and Stice, J 2011, Financial accounting, Mason, OH: Thomson/South-Western. IRESS 2015, IRESS Annual Report and accounts 2015, viewed 31 July 2016, https://www.iress.com/files/6114/5863/6960/GLB_Annual_Report_2015_121115.pdf Brealey, R., Myers, S. and Allen, F 2011, Principles of corporate finance, New York: McGraw-Hill/Irwin. Brigham, E. Daves, P 2012, Intermediate Financial Management , USA: Cengage Choi, R.D. and Meek, G.K 2011, International accounting, Pearson. Davies, T. and Crawford, I 2012, Financial accounting, Harlow, England: Pearson. Deegan, C. M 2011, In Financial accounting theory, North Ryde, N.S.W: McGraw-Hill. Fields, E 2011, The essentials of finance and accounting for nonfinancial managers, New York: American Management Association. Graham, J. and Smart, S 2012, Introduction to corporate finance, Australia: South-Western Cengage Learning. Horngren, C 2013, Financial accounting, Frenchs Forest, N.S.W: Pearson Australia Group. Libby, R., Libby, P. and Short, D 2011,Financial accounting, New York: McGraw-Hill/Irwin. Melville, A 2013, International Financial Reporting A Practical Guide, 4th edition, Pearson, Education Limited, UK Needles, B.E. Powers, M 2013, Principles of Financial Accounting, Financial Accounting Series: Cengage Learning. Northington, S 2011, Finance, New York, NY: Ferguson's. Parrino, R., Kidwell, D. and Bates, T 2012, Fundamentals of corporate finance, Hoboken, NJ: Wiley Williams, J 2012, Financial accounting, New York: McGraw-Hill/Irwin.

Tuesday, December 3, 2019

Sociology and Anthropology Essay Essay Example

Sociology and Anthropology Essay Essay A. The Science of Sociology and Anthropology Sociology is the scientific survey of human society and its beginnings. development. organisations. and institutions. ] It is a societal scientific discipline which uses assorted methods of empirical probe and critical analysis to develop a organic structure of cognition about human societal activity. constructions. and maps. A end for many sociologists is to carry on research which may be applied straight to societal policy and public assistance. while others focus chiefly on polishing the theoretical apprehension of societal procedures. Capable affair ranges from the micro degree of single bureau and interaction to the macro degree of systems and the societal construction. The traditional focal points of sociology include societal stratification. societal category. civilization. race and ethnicity. gender and gender. societal mobility. faith. secularisation. jurisprudence. and aberrance. We will write a custom essay sample on Sociology and Anthropology Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Sociology and Anthropology Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Sociology and Anthropology Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer As all domains of human activity are affected by the interplay between societal construction and single bureau. sociology has bit by bit expanded its focal point to farther topics. such as wellness. medical. military and penal establishments. the Internet. environmental sociology. political economic system and the function of societal activity in the development of scientific cognition. Anthropology is the survey of worlds. yesteryear and nowadays. To understand the full expanse and complexness of civilizations across all of human history. anthropology draws and physiques upon cognition from the societal and biological scientific disciplines every bit good as the humanistic disciplines and physical scientific disciplines. A cardinal concern of anthropologists is the application of cognition to the solution of human jobs. Historically. anthropologists in the United States have been trained in one of four countries: sociocultural anthropology. biological/physical anthropology. archeology. and linguistics. Anthropologists frequently integrate the positions of several of these countries into their research. instruction. and professional lives. Sociology and anthropology are separate. but related. subdivisions of the societal scientific disciplines that study worlds and society. Once anthropology and sociology were similar in how they studied worlds. but in the early portion of the twentieth century. their methodological analysiss and focal points diverged. B. The Development of Sociology and Anthropology The history of Anthropology and Sociology is long and full of priceless penetrations into the human status. It provides a mirror that reaches deep into ourselves and explains why we do things that are sometimes contradictory to logic. and most frequently in confederation with social criterions. For these grounds. Anthropology and Sociology have remained extremely honored Fieldss of survey and go on to boom as a library of societal idea grows. August Comte was the first to coin the term â€Å"sociology† . He was non the first to make theories of sociology. but was the first to proclaim himself a sociologist. Comte was a functionalist who believed every facet of society served a intent. He is most celebrated for his thought of societal statics and kineticss. Social statics is the survey of societal order. whereas societal kineticss is the survey of societal alteration and advancement. Dividing the survey of sociology into these two classs created two different frames of mention from which sociology could be studied ( Collins and Makowsky 26 ) . The following important development in sociology came with Karl Marx. Marx was a conflict theoretician who believed that all facets of society could be explained as a battle between two or more opponent groups. There were three parts to Marx’s theory. First. there was his sociology which established the category system ( Collins and Makowsky 34 ) . This system included the capitalists. or businessperson. who owned the agencies of production and profited from working workers. or the labor ( Collins and Makowsky 40 ) . Following. Marx’s political relations explained that a category battle for power would be won by the group that best suits the germinating economic system ( Collins and Makowsky 36 ) . Since the lone manner for the capitalist to net income is by working the worker. and the worker can non gain on his ain because he does non have the agencies of production. capitalists could drive rewards lower and lower until the workers revolt ( Collins and Makowsky 41 ) . Finally. Marx speculated that this rebellion would happen because the worker would be deriving less from their work than what they put in. This was his social/political doctrine ( Collins and Makowsky 45 ) . At around the same clip in the field of Anthropology the prevailing school of idea was going the societal evolutionists. These theoreticians used Charles Darwin’s theory of development to explicate society ( Collins and Makowsky 85 ) . Herbert Spencer said that societies were similar beings in that they went from simple to complex and independent to interdependent. However. societies were non similar beings because they were non organized likewise or interconnected ( Collins and Makowsky 85-86 ) . Sir Edward Burnett Tylor was another societal evolutionist who believed that all civilizations were derived from a individual organic structure of information and that certain societies had less and others more ( McGee and Warms 27 ) . Lewis Henry Morgan perpetuated this thought by claiming that there were three types of societies: barbarian. barbaric. and civilised ( McGee and Warms 41 ) . The facets of the society that determined how evolved the civilization was along this graduated table were how people gained subsistence. the system of authorities. linguistic communication. household. faith. house life and architecture. and the type of ownership of belongings ( McGee and Warms 42 ) . The three phases could be defined along the lines of innovations and finds and the types of primary establishments ( McGee and Warms 46 ) . Some old ages after the societal evolutionists established their theories of Anthropology. Emile Durkheim made an impact on Sociology. Like Comte. he excessively was a functionalist. Durkheim created many theories. among them the most noteworthy being that of the map of offense and Social Facts. Durkheim believed that the map of offense was to unify members of society. Crime provides a rule behind which most members of society can stand behind and go united. The reverberations of offense besides teach the young person the norms and values of a society ( Collins and Makowsky 105 ) . Durkheim is besides commended for his theory of Social Facts. A Social Fact is determined by a society and is non true across all societies. whereas facts are true across all societies ( McGee and Warms 88 ) . Another sociologist who was working at the same clip as Emile Durkheim was Max Weber. Weber was a symbolic interactionalist who believed that all interactions in society represented a deeper feature of society. However. Weber was besides a Marxist who deemed category. power. and position the foundation of society ( Collins and Makowsky 120-121 ) . Weber spent much of his clip explicating the signifiers of authorities. He described two types of authorities: Patrimonialism and Bureaucracy. In Patrimonialism. places in authorities were awarded via traditional legitimacy. or birth-right ( Collins and Makowsky 126 ) . No particular accomplishments were needed to carry through occupation demands and there were by and large few to no regulations. In Bureaucracy. people were appointed or elected for places. This system used rational-legal legitimacy and contained a hierarchy. Bureaucracy required a great sum of specialisation and included many regulations and ordinances ( Collins and Makowsky 127 ) . Two other symbolic interactionalists who made important parts to sociology around this clip were Charles Horton Cooley and George Herbert Mead. Cooley developed the construct of the Looking-Glass ego. The rule had three dimensions. First. people look at themselves as they think others see them. Then. they look for judgements others may be doing about them. And eventually. they evaluate those judgements and adjust their behaviour consequently ( Collins and Makowsky 167 ) . Mead besides created a theoretical account of the ego. In Mead’s theory. the first phase we encounter is the â€Å"me† . This is a phase in which we anticipate stimulations and react with formulated responses. As we mature. we enter the â€Å"I† where we are now able to see the outlooks society has of us and we react with learned responses ( Collins and Makowsky 174 ) . After we are able to place ourselves as portion of a community. we adjust our actions to outdo suit the involvements of the community ( Collins and Makowsky 175 ) . A new school of Anthropology developed shortly after the theories of Cooley and Mead. The school was Historical Particularism and it drew upon the work of Franz Boas and Alfred L. Kroeber. Historical Particularism brought with it the thought that each society has a alone history based on different waies of development and hence. no society is inferior to the following ( McGee and Warms 130 ) . Boas believed that one must plunge oneself in a civilization in order to understand it and draw decisions. This was starkly different to the anthropologists before him who used comparative surveies to analyze other civilizations. Boas used ethnographic surveies to document civilizations that were about to be lost because of contact with the outside universe ( 131-132 ) . Kroeber was Boas’ pupil. nevertheless Kroeber took a different attack to anthropology. He did non believe that the single played a important function in the development of society. whereas Boas did ( McGee and Warms 133 ) . Kroeber’s major part to anthropological theory was his â€Å"Eighteen Professions. † These professions were 18 beliefs about societal development which Kroeber did non hold with. He believed that societal development began on an premise that society evolves like beings. and did non believe heory should include premises ( McGee and Warms 141 ) . Three every bit influential anthropologists of the same clip period were Bronislaw Malinowski. Alfred Reginald Radcliff-Brown. and Edward Everet Evans-Pritchard. All three belonged to the Structural Functionalist school of anthropology. Structural Functionalists sought to understand the implicit in construction of society. The most noteworthy Structural Functionalist was Malinowski. He studied the Kula trade in New Guinea with the Trobriand Islanders. Malinowski discovered that necklaces and watchbands being exchanged in this system were non merely gifts between folks. They were in fact making a relationship between the folks so that other goods. such as nutrient. could be traded freely because of the established bond between the two folks ( McGee and Warms 161 ) . Radcliffe-Brown is best known for his research on the relationship a kid holds with his or her mother’s brother. He hypothesized that the mother’s brother acts as a 2nd. or alternate. female parent to the kid whereas the male parent of the kid acts as a martinet. In add-on. the kid has entree to the mother’s brother’s nutrient and belongings if the female parent dies and the mother’s brother helps when the kid is ill or if the female parent is no longer capable of caring for the kid. This explains the positive relationship that the mother’s brother has with the kid. and the negative relationship a kid has with his or her male parent ( McGee and Warms 177 ) . Previous theoreticians such as Sigmund Freud had speculated that a negative relationship a boy had with his male parent was a consequence of green-eyed monster the boy felt because the male parent was holding sex with the female parent ( Collins and Makowsky 148 ) . The last of the Structural Functionalists was Evans-Pritchard. He developed the thought of a Segmentary Lineage System. This was a system by which people see themselves in relationship to each other depending on how closely related they are to each other. For illustration. even if an person is friends with person from another household. they will take the side of a member of their ain household before supporting the friend outside their lineage ( McGee and Warms 191 ) . During this clip. another school of anthropology was developing. This was the school of Culture and Personality. Culture and Personality was defined by three subjects: the relationships between civilization and human nature. civilization and single personality. and civilization and society typical socialisation. It was pioneered by two anthropologists ; Ruth Fulton Benedict and Margaret Mead ( McGee and Warms 206 ) . Benedict’s major part was the extremely influential construct of cultural relativism. Cultural relativism asserted that there are no superior or inferior civilizations. merely different civilizations. Benedict besides stressed that cultural constellation established the personality of its members. She was chiefly interested in civilization and human nature ( McGee and Warms 209 ) . Mead was chiefly concerned with civilization and the person. Her major part was a survey on Sexual activity and Disposition in Three Primitive Societies. Mead studied three folks: the Mundugumor. the Arapesh. and the Tchambuli. In the Mundugumor folk. both sexes were aggressive caput huntsmans. In the Arapesh folk. both work forces and adult females were soft and unagitated job convergent thinkers. In the Tchambuli folk. work forces were disposed to dish the dirt and provided fostering while adult females were dominant. Since all three of these systems were really different from the western. patriarchal manner of believing. they contributed significantly to the survey of anthropology ( McGee and Warms 222 ) . Another motion in anthropological idea began in this clip period. It was called Cultural Ecology and Neo-Evolutionary Thought. Pioneered by Julian Steward and George Peter Murdock and focused on how societies adapt to their environments as a measuring of development ( McGee and Warms 225 ) . When Boas made ethnographic surveies a criterion in anthropology. cross-cultural surveies had been abandoned. Murdock revived the pattern of cross-cultural surveies and created the Human Relations Area Files. This was a aggregation of my volumes documenting the organisation of assorted civilizations around the universe ( McGee and Warms 263 ) . Murdock besides contributed significantly to the survey of divorce. He hypothesized that a stable matrimony is more likely if one or more of three factors are in topographic point. First. a bride monetary value helped to procure a matrimony because there was no duty to refund the monetary value and hence matrimony was profitable. Second. arranged matrimony would stabilise a matrimony. The concluding factor that would guarantee the stableness of a matrimony was the crow. This is a state of affairs in which adult females are stolen and would non be returned because this is a mark of failing ( McGee and Warms 265-266 ) . Steward is responsible for the differentiation between civilization type and civilization nucleus. A society’s civilization type is how a civilization uses a specific engineering to work the environment. Culture nucleus histories for the characteristics of a civilization that play a function. Knowing both the civilization type and nucleus of a society can turn out utile when analyzing how the society aintains subsistence ( McGee and Warms 228 ) . Up until this point in history. few if any sociologists had touched upon race. Then. the rise of the black sociologist occurred in the signifier of W. E. B. DuBois. DuBois was a Marxist and saw inkinesss as the modern twenty-four hours labor. He believed it was segregation that kept black from obtaini ng occupations and in bend bad occupations led inkinesss to take down economic position. DuBois believed the lone manner to make alteration was through instruction. though he admitted that instruction was useless under segregation ( Collins and Makowsky 196 ) . DuBois besides suggested that inkinesss have a â€Å"double consciousness† . Blacks feel caught between two individualities: one black. and one American. These two individualities divert blacks’ attending from carry throughing either individuality to its fullest extent. It besides places undue mental emphasis on African-Americans to maintain exchanging individualities to fit their fortunes ( Farganis 180 ) . Several old ages subsequently. Erving Goffman. another symbolic interactionalist. contributed his theory of Dramaturgy. Goffman stated that each one of us has a â€Å"back stage† and a â€Å"front stage† . The â€Å"back stage† is who we truly are when we think we are non being judged. Goffman categorizes this as a accurate individuality. The â€Å"front stage† is the act we put on for the remainder of society to see. This is what Goffman labels a fancied individuality ( Farganis 360 ) . There are four stairss to pull offing a fabricated individuality. First. one must command the scene. Then. an single puts on a personal forepart. Following. one will play the portion they have created. And eventually. the single must pull off the audience ( Farganis 366-367 ) . Another influential sociologist was Michele Foucault. He belonged to the new motion of Contemporary European Thought under the umbrella of Post-Modernism. Foucault suggested that over clip. societies discourse. or presumed truths. have changed. For illustration. during the in-between ages. society at big made the premise that everything in the universe could be explained through faith. However. during the enlightenment. the discourse of western thought shifted to look towards scientific discipline for an reply to all phenomena ( Faganis 411 ) . In post-modernism. sociologists propose that there are no ultimate truths that scientific discipline. faith. or any other establishment can specify ( Farganis 413 ) . At the same clip. Claude Levi-Strauss is analyzing linguistic communication from an anthropological point of view. His major part to the field is through his disposition to near linguistics from a structuralist point of position. Levi-Strauss asserts that linguistic communication should be studied to detect the implicit in constructions that create societies. Previous theoretician such as Boas thought linguistic communication was of import to analyze because it showed how we categorize the universe ( McGee and Warms 335 ) . Around this clip. Sally Slocum is trying to execute a Feminist Critique. Female anthropologists and sociologist of the past had excessively frequently focused on the importance of work forces in society and glossed over the parts of adult females. Slocum pointed out that adult females are 2nd category citizens in most societies because of their association with nature which was seen as wild and hence unsafe. Work force were associated with civilization because they were the accountants of civilization. This created an image of work forces as being the more civilized of the two genders. Womans were aligned with nature because of their ability to bear kids and the work they normally did bring forthing. alternatively of killing as work forces frequently did ( McGee and Warms 419 ) . These anthropologists and sociologists of the yesteryear have provided current minds with a footing for farther research and geographic expedition. Today. Anthropology and Sociology are turning Fieldss of involvement across the universe. Thousands of anthropologists and sociologists bit off at life’s major inquiries every twenty-four hours. As the canon of literature grows. human existences grow closer and closer towards self-actualization.