Tuesday, December 24, 2019
Did Genghis Khan Be The Greatest Conqueror And Military...
Could Genghis Khan be the greatest conqueror and military leader of all time? He was born, Temujin, circa 1162 A.D. and died in 1227 A.D. and was raised by his mother from a young age, after the death of his father. One would have to consider the chances of this unlikely accomplishment. A child born into a world of tribal violence into an outcast family with no formal education or guidance only exposed to deprivation, hunger, cruelty and only focus was on self preservation without any promise. Yet, from these dire circumstances he gained prominence in the history books as a remarkable strategist, and managed to acquire through conquest more land in 25 years than the Roman empire accomplished in 400 years. The expanse of his accumulation covered between 11 and 12 million square miles about the size of the African continent. CITATION WEATHERFORD In 1206, his name was changed from Temujin to Genghis Khan, because it means ââ¬Å"universal ruler.â⬠He was the leader of a nomad ic group of Mongols who were located in Central and Northern Asia, that were in constant pursuit of acquiring new territory. There are many other notable contenders for the title of greatest conqueror, such as Alexander the Great, Attila the Hun, Augustus Caesar, and Charlemagne. They all managed to also accumulate expansive territories. However, in my estimation Genghis Khan, was the greatest military conqueror of all time, as measured by his ability to wield cruelty, capture territory and devise tacticalShow MoreRelatedThe Rise Of Power By Alexander The Great, Genghis Khan, And Julius Caesar2187 Words à |à 9 PagesThe Rise to Power All great leaders have many similarities with one another. Leaders all over the globe have the ability to gain the support of their people and to keep it, which is definitely a challenge, but generally the way thatââ¬â¢s done is the same for all leaders. But, the differences between leaderââ¬â¢s characters and choices can be vastly different. This paper will discuss three great leaders named Alexander the Great, Genghis Khan, and Julius Caesar, particularly how they inspired their peopleRead MoreGenghis Khan s Success By Bloodshed, Violence, And War2090 Words à |à 9 PagesNovember 17, 2014 Instructor: Dr. Marc D. Froese It is beyond argument that Genghis Khanââ¬â¢s success was accompanied by bloodshed, violence, and war. Nonetheless, the young boy who would later become one of the greatest conquerors of all time created his own destiny. He was raised in a cruel tribal environment with no proper schooling. Before he even reached puberty, Genghis killed his own half-brother and escaped from kidnappers all by himself (Weatherford, 9, 2004). Furthermore, the Mongolian youngsterRead MoreGenghis Khan an Example of a Visionary Leader Essay examples2149 Words à |à 9 PagesSynthesis Essay - Genghis Khan Genghis Khan was born clutching a blood clot in his fist, foretelling of the bloodshed and violence he would unleash on the world while ultimately achieving the goal of creating the largest contiguous empire in history. His personal struggle is well outside the scope of this discussion. I will, however, cover how Genghis exemplified the qualities of a visionary leader by his use of technology, long range planning, and inspirational motivation. Contrary to historiansRead MoreGenghis Kh The Emperor And Founder Of The Mongol Empire1763 Words à |à 8 PagesNovember 2014 Genghis Khan Genghis Khan was the emperor and founder of the Mongol Empire, a man known throughout history for his ruthlessness, and success, as head of the largest land based empire during his tenure. A nomadic people, the Mongols spent many years prior to the great success of Genghis living in turmoil, lacking a leader to unify and lead the people to greater success than simply surviving. Prior to his death in August 1227 and subsequent burial back in Mongolia, Genghis Khanââ¬â¢s MongolRead MoreMongol Empire1679 Words à |à 7 Pages The Mongols are arguably the best conquerors the world has ever seen. Through brutal military tactics and intimidating physiological warfare, they were capable of building the greatest land empire that the world has ever seen. The empire not only was fierce and cruel but they also brought about the rival of Silk Road trading which helped lead to their people to great economic prosperity. The Conrad-Demarest Model of an empire is a basic guideline that all of the empires are said to have to followRead MoreGenghis Khan And The Mongol Empire Essay2252 Words à |à 10 Pages Genghis Khan, one of the most tyrannical leaders know to man, is often associated with destruction, carnage, ruin, and bloodshed. While these adjectives are true, he is also responsible for great economic gains and massive expansion for the Khan empire. The Mongol Dynasty began in the thirteenth century as a group of small nomadic tribes in Central Asia. Genghis was able to unite the small tribes and begin to con quer Asia, the Middle East, and parts of Europe. During his time of leadership he quicklyRead MoreThe Rise of the Mongol Empire1006 Words à |à 4 Pagesthe modern day. At this time of the Mongol growth, European empires fail to colonize the known world, and today are only accredited for the Roman Empire and the Black Plague. The rise of the Mongol Empire can be attributed to a famous emperor, Genghis Khan. He led his armies through the Great Wall of China and crushed the Jin Dynasty. ââ¬Å"In the twelfth and thirteenth centuries the Mongols were far from more barbarous than their neighboring tribes. For this reason Genghis Khan, as the cultivated ChineseRead MoreLeadership from Genghis Khan2873 Words à |à 12 PagesLeadership From Genghis Khan Introduction In 1165, a child was born in the heart of Asia. It is said that when he was born, he was clutching a blood clot-a sign from Heaven that he was destined to be a great warrior. His name is Genghis Khan, meaning Universal Ruler. The word Khan is not a name, but a title. It means emperor or king. This word had been used by different tribes or nations in various forms in central Asia. Genghis Khan is the most greatest among those Khans.(Abbott, 1902)Read MoreThe Great Leader Of The Macedonian Empire2306 Words à |à 10 PagesOver 1,000 years come between these two menââ¬â¢s empires. Alexander the Great leader of The Macedonian Empire that stood for 13 years. In contrast to Genghis Khanââ¬â¢s Mongol empire which began in 1206, and fell in 1368. Although difficult to compare to men and empires form totally different eras, Genghis Khan had a bigger impact on the world with his empire. In order to fully examine both empires in areas other than biographical. The focus in comparison will be in the following areas: rise to power, enemiesRead More How the Mongol Empire has Affected the World Essays2491 Words à |à 10 Pagesbeen great empires that have tried to basically take over the world. In western schools, these empires usually consist of empires such as Alexander the Greatââ¬â¢s, the Roman Empire, and even the British Empire of the Victorian Age. These empires are all seen as major forces in the field of history, but there is often a great empire that has been overlooked. This overlooked empire once amassed about half of the worldââ¬â¢s land. Its territories once included China, Persia, and even Eastern Europe. The
Monday, December 16, 2019
Literary Modernism and a Few Literary Works Free Essays
Literary Modernism is a term which is almost self-explanatory. After the completion of the First World War, the whole of the European Continent along with America observed a few notable changes in the realm of literature. In 1922, T. We will write a custom essay sample on Literary Modernism and a Few Literary Works or any similar topic only for you Order Now S Eliot composed The Waste Land being befuddled by the abrupt shock which the devastations of the War had brought forth. Liberty, novelty and avant-garde were the watchwords of that Literary Modernism. The way in which this Modernism worked was somewhat newââ¬âthe new changes in forms and contents were incorporated quite spontaneously. Even the alterations seemed to have fitted suitably into the varied compass of the literary creations! Thus, Literary Modernism breathed a gush of new, fresh air into the stale, dull ambience of literature! If we analyze a few literary works it will be immediately clear how Literary Modernism affected and influenced the-then literary scene. In Song of Myself,à Walt Whitmanà in full-throated ease can sing at the top of his voice, breaking all established norms of Introductionà formally done in a poem, ââ¬Å"I celebrate myself, and sing myself,/And what I assume you shall assume,/For every atom belonging to me as good belongs to you.â⬠In this somewhat long poem, Whitman goes on setting all conventional poetical forms at naught à and sings of camaraderie that stretches from one nook to the other of America. We hear America singing through him, with him. The lines are composed in verse libre mode. Free verse is the right carrier of the right thought. He claims to sing for all and sundry, for the ââ¬Å"accepted victorsâ⬠as well as for ââ¬Å"the conquered and slain persons.â⬠Whitman caters philosophical ideas to the readers equally adeptly, ââ¬Å"I am the poet of the Body and I am the poet of the Soul/ The pleasures of heaven are with me and the pains of hell are with me/â⬠¦.I am the poet of the woman the same as the man/â⬠¦.And I say there is nothing greater than the mother of men.â⬠He talks of oppression, inequality, freedom, Time and Space and multifarious issues in one breath. This variety of facets in the length of a poem chosen freely by the poet itself speaks volumes for Modernism. Only Whitman can say in this vein, ââ¬Å"Endless unfolding of words of ages!/And mine a word of the modern, the word En-Masse!â⬠He sounds too modern to declare in the last line, ââ¬Å"I stop somewhere waiting for you.â⬠T.S.Eliotââ¬â¢s The Love Song of J. Alfred Prufrockà is again a documentary poem of the turbulent times of the First World War when Modernism as a literary notion was taking its final shape. The elements of literary modernism lie in the image of split self, manââ¬â¢s living in more than a single level of consciousness, self-disgust, ennui, pain of inaction in turbulent ,meaningless times, desire for an escape , the hiatus between the desired existence and the habitual one . As a modern poem, Prufrock throwsà a series ofà solutions to the problems that modern man with divided aims face: ââ¬Å"There will be time, there will be time/To prepare a face to meet the faces that you meet/â⬠¦.And time yet for a hundred indecisions.â⬠In almost all the lines there is a hint of suggestiveness which ends in a conundrum, again a characteristic feature of modernism: ââ¬Å"That is not it at all/That is not what I meant at all.â⬠In Robert Frostââ¬â¢s Mending Wall , there isà sharp pointer to the need of a partition-wall in this war-torn world [1914]where ââ¬Ëgood fences make good neighbors.ââ¬â¢ What was to be walled in and walled out again left many questions unanswered. A sense of separatism, unrest, and friendlessness go on recurring in the lines of this poem. In Emily Dickinsonââ¬â¢s poem Much Madness is the Divinest Sense , we find a clue in construing the ways of a topsy-turvy modern world where positive sometimes implies the negative and vice-versa. Madness is taken to be the most divine sense while the sane thoughts are sometimes pooh-poohed .Why so? It is because, literary modernism supports the rise of the abstruse and absurd in a disturbed world with jaundiced viewpoints . Assent and demurring too are interpreted accordingly. Geometric patterns of Picassoââ¬â¢s art can be the best yardstick to measure and finally explain all the meanings of sanity and genuine insanity! Langston Hughesââ¬â¢s I,Too à portrays the modern world in rather clear terms unlike the previous poems. Here with Harlem Renaissance looming large in the background, the poet stages a protest against the discriminations the Black community of America falls victim to. Naturally, the boy brooking all humiliations, goes to the kitchen, gobbles , gets strong and next time faces the opponent as an equal and dazzles his eyes with his handsome looks. Here, the modern-day separatism tantrums are spoken of in clearest possible terms. Modern-day American litterateurs harp upon a theme: Alienation. This theme has various forms of treatment in different works of literature. Naturally, if a thesis statement has to emerge out of close readings of these works , it must have a direct connection with modern society ,to be precise. Man is nothing but a small island in ocean of modern day world. In Stephen Craneââ¬â¢s short story The Open Boat, the shipwreck has different connotations to the four survivors: Billie, the oiler, the Captain, the Cook and the unnamed Correspondent. All of them believe that they are to be rescued and again they begin to ponder over the situation in their own way. The cook is chatty, while the oiler and the Correspondent are more cogitative ones. This schism is there in the modern world and the alienated thoughts portrayed by Crane in the four characters are befitting to the modern day multilayered existence. They are alienated though stay cooped together in the open boat. In William Carlos Williamsââ¬â¢s poem Danse Russe , the present day alienation is pictured in simple possible terms. The poet stealthily sneaks into his north room when the sun shines softly over the trees and his wife and child are fast asleep. He takes off his shirt and starts dancing madly in front of the mirror crooning all by himself, ââ¬Å"I am lonely, lonely/I was born to be lonely/I am best so.â⬠Unlike Coleridgeââ¬â¢s ancient mariner, he enjoys this self-created alienation issuing out of loneliness and he feels himself to be ââ¬Ëa happy genius of his household.ââ¬â¢ This is peculiar characteristic of the modern era. Self-centered feelings lead on to alienation which in turn intoxicates human beings. The same happy preoccupation with oneself is seen in Walt Whitmanââ¬â¢s poem ââ¬Å"I saw in Louisiana a Live Oak Growingâ⬠. The poet is out to define ââ¬Ëmanly loveââ¬â¢ in these trying times. He is astonished to find a solitary Oak tree proliferating ââ¬Å"joyous leaves of dark greenâ⬠even when his lover or friend is not there in proximity. How is it possible? ââ¬âthinks the poet. For him, it would have been next to impossible! But to his utter dismay he notices that modern man as Erich Fromm the sociologist claims in his book ââ¬Å"The Sane Societyâ⬠is most productive when he is alienated or friendless. Robert Frostsââ¬â¢s Mending Wall, talks about ââ¬Å"gaps that are made between two.â⬠He clarifies, ââ¬Å"The gaps, I mean/No one has seen them made or heard them made,/But at spring mending-time we find them there.â⬠What are these gaps? These are, no doubt, the chinks of alienation which stand tall between men, which keep two men to unite , to exchange ideas and views , which prevents two men from being friends. At what point of time can a man say to another man, ââ¬Å"Stay where you are until our backs are turned!â⬠Without having any clear notions of ââ¬Å"walling inâ⬠and ââ¬Å"walling outâ⬠, two neighbors begin to think, ââ¬Å"Good fences make good neighbors.â⬠It is because modern men love alienation. T.S. Eliot in his The Love Song of J. Alfred Prufrock emphasizes the theme of alienation .In the previous poems, this theme is surprisingly shown to have a few positive implications. A separate ââ¬Å"faceâ⬠is to put up to ââ¬Å"meet the faces that you meet.â⬠No better example of alienation can be put forward! These days the modern alienated man rightly thinks, ââ¬Å"Do I dare/Disturb the universe?â⬠A big why stares on the readers . He reasons forth, ââ¬Å"I have known them all alreadyâ⬠¦I know the voices dying with a dying fall..â⬠The over-familiarity with the known universe makes him sick and tired of it and he naturally gets alienated. Lastly, he dies for a change of ambience. This monotony of modern day existence is again a reason behind such alienation. The line ââ¬Å"I have heard the mermaids singing, each to each,â⬠is gravid with meaning. Alienation has several facetsââ¬âsometimes it is positive in effect, sometimes just the opposite. Again, the society is in flux. Alienation is a natural unavoidable outcome. It has to be accepted and stride along . How to cite Literary Modernism and a Few Literary Works, Essay examples
Saturday, December 7, 2019
Earnings Disclosures and IFRS
Question: Discuss about the Earnings Disclosures and IFRS. Answer: Introduction: Currently the Target does not provide any kind of investment for Wesfarmers, whereas it depicts a change in its goodwill and asset valuation. However, according to the conceptual framework investment in Target should be recorded as historical costs recoding the overall cash or cash equivalent paid during the acquisition of the company. In addition, under impairment costs the overall decline in intangible and tangible assets of the company could be depicted. In addition, the impairment loses could be depicted from annual report of the company, which in turn help in portraying the adequate financial health. Malone, Tarca and Wee (2015) mentioned that conceptual framework allows companies to take adequate assumption on the overall asset valuation, which could help in strengthening their total assets. On the other hand, Vicentijevic, Jovic and Petrovic (2015) argued that the rising impaired assets of the company are warning signal of unethical measures used in preparing annual report of the organisation. Thus, in impaired expense Wesfarmers could conduct the overall investment of target. Depicting the relevant accounts in which Wesfarmers recorded investment in Target: Wesfarmers mainly recorded the overall investments conducted in Target in form of impairment expenses in their 2016 annual report. In addition, the impairment expenses conducted by Wesfarmers are mainly recorded in profit and loss statement. Moreover, there is no other accounts accept the notes to financial statement where Wesfarmers mainly conduct the impairment disclosure. In this context, Darrough, Guler and Wang (2014) mentioned that notes to financial statement holds all the relevant explanation for the listing conducted in cash flow, income, and balance sheet statement of the company. Furthermore, under the expense section of notes to financial statement impairment expenses of both Goodwill and plant is mainly mentioned. Moreover, segregation of impartment expenses on Target is not provided in the financial accounts, whereas it is mentioned in notes of finance. In page 86 of the annual report income statement of Wesfarmers is mainly depicted, which contains description of the i mpairment expense enlisted in total expenses. Besides, in page 97 of the annual report mainly depicts the notes of expenses, which contains the impairment expenses listed by the company. Filip, Jeanjean and Paugam (2015) stated that impairment loss is mainly recorded for disclosing the loss in value, while the company conducts no actual cash outflow. Depiction of the changes in goodwill is portrayed in page 102 of the annual report. Figure 2 mainly states the division of impairment expenses recognised by Wesfarmers for Target. The impairment expense of Target is mainly mentioned in the page 118 of annual report, which is adjusted in goodwill and plants. Moreover, around $1,208 million is depicted as goodwill revaluation, which mainly states the change in current strategic plan of Target (Wesfarmers.com.au 2017). Moreover, decrease in the overall plant and equipment is conducted to depict the overall loss incurred from revaluation. Jordan and Clark (2015) stated that companies to depict accurate value of the non-current assets mainly conduct revaluation of assets. Moreover, Wesfarmers also listed impairment expenses conducted on Curragh by revaluing the predominantly plant, vehicles and equipment. Depicting the impact asset write-down had on profitability of Wesfarmers: The overall impairment expenses mainly decreased the overall profitability of the company for current fiscal year. In addition, the impairment expense mainly increased the total expenses incurred in the income statement. Moreover, decline in revaluation of plant and goodwill could be witnessed in balance sheet. The asset write down had impact on both income and balance sheet statement of Wesfarmers. Linnenluecke et al. (2015) mentioned that impairment expense are non-cash spending, which has no effect on cash flow statement of the company. In addition, the news of more than 2 billion in impairment loss has negatively reflected on the share price of Wesfarmers. Lastly, the impairment loss mainly decreased the net profit of the company from $2,440 in 2015 to $407 in 2016 (Wesfarmers.com.au 2017). Depicting the impact of investment in Target on the financial performance of Wesfarmers: The overall figure 3 mainly states the investments conducted by Wesfarmers in Target and performance generated from the venture. However, in 2016 the overall return on capital employed went negative to 8.2, which was due to the declining profits achieved by the company. In addition, negative EBIT of 195 incurred by Target mainly resulted in profit reduction of Wesfarmers. This decline in EBIT mainly included the restriction provision of $145 million, but excluded the $1,266 million of non-impairment cash (Wesfarmers.com.au 2017). This change in the EBIT mainly states ability of the company to generate higher revenue, which in turn hampers Wesfarmers annual profits. The loss and impairment generated by Target mainly declined both its revenue and profits of Wesfarmers for 2016. Malone, Tarca and Wee (2015) mentioned that impaired lose incurred by companies does not reflect on the actual cash flow, while net profits decline for the fiscal year. This fall in non-tangible assets such as g oodwill mainly depicts the change in strategic move of the company, which does not project the required future growth. Thus, the evaluation of the annual report mainly states that the investment in Target is mainly a liability for Wesfarmers, which is mainly degrading the creditability of the company. In addition, the losses in impairments have negatively reflected on the share price of the company, as shareholders are uncertain of the growth prospects (Nugent, Pomelnikov and Webb 2017). Depicting the impact of Woolworths profit after investment in Masters: The annual report of Woolworths mainly depicts the discontinuation in the operations of Master, which was due to increased loses incurred by the subsidiary. In addition, figure 4 mainly depicts the overall decline in EBIT of Master, which contributed negatively to the overall profits of Woolworths. Moreover, exiting the overall Masters could inflict a total loss of $1.89 billion (Woolworthsgroup.com.au 2017). In addition, the declining profits of Masters negatively reflected on the overall income statement of Woolworths for 2016. In addition, the loss from discontinued operations, $3,188, was the main expense, which reduced the overall profits of the company. Roberts (2013) mentioned that losses from subsidiary companies are directly reflected on the overall performance of the parent company, which in turn reflects on the strategic move adopted by the management. Figure 5 mainly depicts the negative impact of discontinued operations, which increased impaired expenses of Woolworths for 2016. The impairment store cost of $3,005.1 was mainly incurred in 2016, which declined the overall profits of Woolworths for 2016 (Woolworthsgroup.com.au 2017). Vicentijevic, Jovic and Petrovic (2015) cited that impairments expense of plant and machinery and degraded value of its noncurrent assets, which negatively reflects on financial performance of the company. Thus, in page 99 and in 56 overall depiction of investment in Masters could be identified. In addition, it mainly states that Woolworths is mainly discontinuing the operations in Master, which is hampering overall profitability of the company. Reference: Darrough, M.N., Guler, L. and Wang, P., 2014. Goodwill impairment losses and CEO compensation.Journal of Accounting, Auditing Finance,29(4), pp.435-463. Filip, A., Jeanjean, T. and Paugam, L., 2015. Using real activities to avoid goodwill impairment losses: Evidence and effect on future performance.Journal of Business Finance Accounting,42(3-4), pp.515-554. Jordan, C.E. and Clark, S.J., 2015. Do Canadian Companies Employ Big Bath Accounting When Recording Goodwill Impairment?.International Journal of Economics and Finance,7(9), p.159. Linnenluecke, M.K., Birt, J., Lyon, J. and Sidhu, B.K., 2015. Planetary boundaries: implications for asset impairment.Accounting Finance,55(4), pp.911-929. Malone, L., Tarca, A. and Wee, M., 2015. Non-GAAP earnings disclosures and IFRS.Accounting and Finance. Nugent, J.H., Pomelnikov, A. and Webb, K., 2017. Intangibles: The Impaired Accounting Challenge. Roberts, P.W., 2013. The profit orientation of microfinance institutions and effective interest rates.World Development,41, pp.120-131. Vi?entijevi?, K., Jovi?, Z. and Petrovi?, Z., 2015. The impact of impairment of receivables on the reality of financial reporting in the Republic of Serbia. Wesfarmers.com.au. (2017). [online] Available at: https://www.wesfarmers.com.au/docs/default-source/reports/2016-annual-report.pdf?sfvrsn=8 [Accessed 26 Jan. 2017]. Woolworthsgroup.com.au. (2017). [online] Available at: https://www.woolworthsgroup.com.au/icms_docs/185865_annual-report-2016.pdf [Accessed 26 Jan. 2017].
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