The Segregation Of South Africa - 846 Words

Africa is a country with many different government parties, each having its own legislation. Although much of the country is of the non-white population, the government officials in South Africa were all white. This lack of diversity within the government led to the establishment of racial segregation, the term used for this segregation was apartheid. Many of the issues that led to the eventual establishment of segregation stemmed from the 1913 Land Act, â€Å"marked the beginning of territorial segregation by forcing black Africans to live in reserves and making it illegal for them to work as sharecroppers.†(History) For nearly 35 years, the power of the segregation grew cumulating once the Afrikaner National Party won the elections in 1948. After the National Party took control of the government, they passed legislation implementing controls on the interactions that the population would have between the different ethicizes. Not only were the people segregated, but the land was also divided between white and nonwhite territories. While the apartheid was in full affect, there were different social groups for each race the Bantu was a term used for the all black people. The government in 1958 feared the possibility of the Bantu people strengthening in a combined power eventually raising against the government. Due to this fear, the government divided the Bantu people in to separate group with the intentions that if the people are separated they would not have the powerShow MoreRelatedSegregation Laws in South Africa709 Words   |  3 Pagesoutlaw it. Also this law allowed the government to ban the right to public assembly. [1] In Nelson Mandela, the African National Congress found a man with great political potential experience and a leader that could unite an entire nation against segregation and discrimination. Mandela had political influence since his childhood. He was born in the small village of Mvezo. His father was the leader of this town. From his father Mandela learned a lot about political leadership. [4] Mandela was the firstRead MoreRacial Segregation in The Bahamas and in South Africa2403 Words   |  10 Pages A dramatic turn of a century for Black Bahamians and Black South Africans. There are many challenges that led to this dramatic turn as both societies underwent similar hardships. Both countries were under the yoke of colonized foreign systems where they were governed: the Bahamas under the British system and Africa under the English and Dutch. Similarly, both were dominated and suppressed by the white minority who ensured that the black majority remained in bondage. â€Å"History punishes those whoRead MoreRacial Segregation And The National Party Of South Africa2978 Words   |  12 Pages1948, â€Å"A policy or system of segregation or discrimination on grounds of race†, was in full effect (Apartheid History). The National Party of South Africa founded in 1914, which consisted of white Afrikaners, gained full political power (Apartheid History). With their whi te supremacy and pro-apartheid views, they strictly enforced new and existing policies of racial segregation. The Institutionalized concepts of racial discrimination called for any non-white South African to be subject to policiesRead MoreNelson Mandela s Eradication Of The Apartheid1327 Words   |  6 Pageshis legacy remains not just in South Africa but the entire world. Nelson Mandela participated in the eradication of the apartheid, and in 1994 became South Africa’s first black president. Mandela and many other black South Africans worked hard to end the unjust segregation in South Africa, and they were successful in destroying the wicked apartheid system. Over 20 years after the eradication of the apartheid, is South Africa completely free of the past segregation and social problems it faced beforeRead MoreFor the Good of South Africa in Theophilus Msimangus Cry, the Beloved Country 1657 Words   |  7 Pagespowerful quote spoken by Msimangu which reflects among his c haracter throughout the book. Msimangu hoped for people living in South Africa to forget race and to instead think of what would best help the country. Although South Africa has been on a rocky path, they do seem to have taken a turn on the right path, on the path to racial equality for all. Unfortunately, South Africa has not fully met Msimangus ideas on which people of all races work together solely to help for the good of the country.Read MoreNelson Mandela is a Worldwide Influence973 Words   |  4 Pagesnever stopped striving to make a large impact on not only South Africa, but the world as well (Schoemaker). Nelson Mandela is a major worldwide influence due to his key role in the transformation of South Africa from apartheid to democracy, the numerous charities he established and supported, and his lifelong dedication to ending racial segregation permanently in South Africa. Nelson Mandela was key in the transformation of South Africa from apartheid to democracy. He was the youngest son of aRead MoreHow the Apartheid Came to Be in South Africa1184 Words   |  5 PagesIn 1948, apartheid was introduced to South Africa. Apartheid means apartness and is the political policy of racial segregation. Each racial group was segregated from other races within South Africa. These groups consisted of whites, blacks and coloreds (Asians and Indians). The minority white population had the rule over the whole country. Apartheid did not only detach whites from non-whites, but it also set apart the Blacks from the Coloreds. When apartheid ended in 1994 a legacy was leftRead MoreGke 1 Task 21300 Words   |  6 Pageshis role in fighting apartheid and being the first multi-racial president of South Africa. His presidency created a significant change in the perception and building of a multiracial society in South Africa and around the world. Nelson Mandela was al so known to be a leader of a civil rights organization known as the African National Congress. The purpose of the African National Congress was to demolish racial segregation and discrimination. The two most significant social changes made by Nelson MandelaRead MoreThe New Union Of South Africa1379 Words   |  6 PagesIndependent Union of South Africa was formed of the four South African provinces. The formation of the union was spurred on by the discovery of precious minerals on the Rand between the two Afrikaner republics; this event is known as the Mineral Revolution. A result of this industrialization is a segregation that plagued South Africa’s transformation into an nation and climaxed into the institution of apartheid. This racial segregation lead to the suppression of black and colored South Africans. ThoughRead MoreThe Issue Of South Africa1714 Words   |  7 Pages Many of the contemporary issues in South Africa can easily be associated with the apartheid laws which devastated the country. The people of South Africa struggle day by day to reverse â€Å"the most cruel, yet well-crafted,† horrific tactic â€Å"of social engineering.† The concept behind apartheid emerged in 1948 when the nationalist party took over government, and the all-white government enforced â€Å"racial segregation under a system of legislation† . The central issues stem from 50 years of apartheid

Task 4 Example

Essays on Task 4 Essay Consoli d ments and Financial Performance Analysis of Introduction This paper seeks to prepare consolidated statement of financial position for Tandem Plc and its subsidiary, to prepare consolidated income statement for Paul Plc. and to prepare and compute the financial ratios of Joseph Pye Limited under three separate tasks. Task 1. Draft the consolidated statement of financial position for Tandem Plc and its subsidiary company as at 31 March 2014. Calculations for Goodwill, Non-controlling interest and retained earnings are required to be shown. To consolidate the financial statements of the parent and the subsidiary is to prepare one financial statements for a single economic entity which would require elimination of certain accounts which are offsetting each other. Adding in 100%, line by line of the subsidiary’s the assets, liabilities, income and expenses of both companies is not the complete answer (Liong Tong, 2013). The following eliminations are needed before combining the accounts: The current assets of parent Tandem plc and the current liabilities of its subsidiary Tricycle Ltd amounting to  £180,000. In the case at hand, parent company owned 80% of the shares and to consolidate. As such, there is need first to reflect correct ownership of 20% non-controlling interest and to adjust the balance of retained earnings. Calculation of Goodwill or the excess of fair value of assets given up in exchange for fair of net assets acquired is also needed. This should occur with 80% of the subsidiary stock acquired by parent by issuing stocks. However since fair value of asset given is lower, gain on bargain purchase is the proper term. (Gupta, 2004; Neuhausen and Schlank, 2007). Hence, the computed amount is gain on bargain purchase is  £120,000 as shown not. The amount of non-controlling interest is also computed at  £380,000 representing 20% of the total net assets of the subsidiary at  £1,900,000 as shown in Table A below. Table A – Computation After making the needed adjustments, the consolidated statement of financial position for Tandem Plc and its subsidiary as of t March 31, 2014 is shown below. Task 2 Draft the consolidated income statement for the parent (Paul Plc) and subsidiary companies up to including profit before tax and interest for the year ended December 31, 2014. Calculations for Revenue and Cost of sales are required to be shown. The first step to prepare the consolidated income statement is to consider beginning account balances. The second step is to make the necessary eliminations. The first adjustment is removal of the included f intercompany transaction involving subsidiary Simon Ltd having sold goods costing  £36,000 to Paul Plc for  £54,000 whereby two-thirds of such goods remained in inventory at the end of the year. The dividend income by parent from subsidiary in the amount of  £1,000,000 should also be excluded in the consolidated statement as is deemed transfer of asset. The consolidated revenues can now be prepared by adding the sales revenues of  £96,000,000 with sales of subsidiary at  £34,000,000 but should be reduced by  £54,000 due to the sale of subsidiary to parent. The adjusted total revenues of  £129,946,000 should come out. . Consolidated Cost of sales is derived by adding together the parent cost of goods sold at  £62,000,000 for parent and  £ 19,000,000 for subsidiary less  £54,000 which representing a purchase account by subsidiary. Such intercompany sale and purchase are considered transfer of assets to be eliminated (Liong Tong, 2013) and the resulting cost of goods as consolidated is  £80, 9468,000. Consolidate gross profit in the amount of  £49,000,000 comes out by deducted consolidated cost from consolidated revenues The consolidated income statement show appears as shown below. Task 3 a) Identity and state the formulas that are used to calculated ratios for: (1) liquidity-current ratio; acid test ratio; inventory turnover; trade receivable turnover; trade payable turnover; (2) Profitability -- gross margin ratio, net profit ratio; mark-up; and 93) Equity - return on investment (ROI); return on assets; earnings per share. b) Calculate the ratios. Liquidity Ratios Current ratio meet its currently capacity to pay maturing obligations within the operating cycle by dividing current assets which consists of cash and cash equivalent, short-term investments and receivables, inventories, and other current assets by the current liabilities (Higgins, 2007). Quick is less strict than current ratio, hence the numerator is limited to cash and cash equivalents plus receivables before dividing the amount by current liabilities (Helfert, 2011). When goods are turned into receivable per period this is called inventory turnover and computed by dividing cost of goods of sold to average inventory. When said receivable are collected or converted into cash per period of one year, the same is called receivable turnover (Khan Jain. 2007; Arnold, 2004). Companies want to know how often suppliers are paid in terms of payable turnover and this is estimated by dividing cost of goods sold to average payables (Helfert, 2011). Profitability ratios Gross margin the ratio of mark-up over the selling price per product. Net profit margin deducts further all the costs and expenses can be derived for every product sold from the gross profit. Dividing net profit to sales produces the net profit margin. Mark-up just is the profit per sale of produce but cost is limited the direct cost of the product (Kieso, et al, 2007). Equity Ratios Return on investment informs investors on the amount net income divided by average total equity. Said average total equity should the begging and ending balances of the total equity then divide it by 2 (Kieso, et al, 2007). Return on assets related net income to average total assets. Average total assets is adds the beginning and ending balances of the total assets before dividing the total by 2 (Brigham, and Houston, 2002). The combined formulas for all of the three ratios together with the results after putting the actual given values are presented in Table B below: Table B – Summary of Formula with computed values. Task 4 a) Research and evaluate the relevance and importance of key performance ratios, informing Lewis Raymond of assets management control effectiveness. Performance ratios to assess management effectiveness in the utilization of assets include inventory turnover, receivable turnover, and payable turnover and total asset turnover. The bigger or faster the resulting ratios from these measures except payable turnover, as against certain benchmarks, like industry average, the better it is for the company exhibiting such remarkable performance ratios. Faster inventory turnover and faster receivable turnover against benchmarks coupled with slower payable turnover, would give the give the company advantage or leverage against competitors that would allow the company in maximizing value of shareholder. The practical effect would better liquidity and better profitability that are directly connected to better way of maximizing shareholder value. Managing assets at its best is attaining maximum productivity or getting the best out of given. To illustrate, a company could produce 30 net income for every 100 assets would better than producing only  £10 or lower for the same amount of assets as a form of investment. This is the reason why effective and capable managers should be rewarded and further developed in attaining the corporate goal of wealth maximization (Brigham and Houston, 2002). b) Identify and comment on three suggestions as to how the working capital of a business can be effectively managed. Working capital can be effectively managed by practicing good cash management, good receivable management, and good inventory management. In cash management, a good manager must minimize the amount cash that should be held in conducting normal business activities, but he must have sufficient cash to take trade discounts, maintain credit rating and meet unexpected cash needs. In receivable management, its collection terms with customers must be shorter than payment terms with supplier to have allowance in preventing cash flow problems. In inventory management, the turnover must be faster to minimize storage and to make sure that goods are available when customers need them (Brigham and Houston, 2002). Conclusion: This paper has shown how Tandem plc and subsidiary had its consolidated statement of financial position prepared, Paul Plc and its subsidiary had its consolidated income statement prepared, how to compute ratios for analysing the financial performance of Joseph Pye Limited and to understand the value assets management control effectiveness. References: Arnold, G. 2004. The Financial Times Guide To Investing: The Definitive Companion to Investment and the Financial Markets. London: FT Prentice Hall Brigham, E. and Houston, J. 2002. Fundamentals of Financial Management, London: Thomson South-Western Gupta. 2004. Contemporary Auditing. U.P.: Tata McGraw-Hill Education Helfert, E. 2011. Techniques of Financial Analysis: A Mode. U.P.: McGraw-Hill Education (India) Pvt Limited Higgins. 2007. Analysis for Financial Management, Eighth Edition. New York: The McGraw−Hill Companies Khan Jain. 2007. Financial Management. Uttar Pradesh: Tata McGraw-Hill Education Kieso, et al. 2007. Intermediate Accounting. New Jersey: John Wiley and Sons Liong Tong, T. 2013. Consolidated Financial Statements, International Edition, Tax and Accounting Series. CCH Asia Pte Ltd. Neuhausen, B. and Schlank, R. 2007. CCH Accounting for Business Combinations, Goodwill, and Other Intangible Assets. CCH

Culture And Verbal Communication Essay Research Paper free essay sample

Culture And Verbal Communication Essay, Research Paper Culture and Verbal CommunicationFor this paper, I have one time once more chosen a subject that I have a great trade of involvement in. I find it perfectly intriguing how something like civilization can so dramatically affect the communicating that may or may non take topographic point between persons of different civilizations. In this paper, I will analyze the differences between high- and low-context civilizations, and the jobs that can originate during communicating between members of different civilizations. Before looking at the differences between high- and low-context, we must foremost find merely what they are. To get down we must clearly specify context. Context is the information that surrounds an event ; it is inextricably bound up with the significance of that event. The elements that combine to bring forth a given significance # 8211 ; events and context # 8211 ; are in different proportions depending on the civilization. The civilizations of the universe can be compa red on a graduated table from high to moo. Harmonizing to Edward Hall, in his book Beyond Culture, low-context civilizations use linguistic communication chiefly to show idea, thoughts and feelings as clearly and logically as possible. To understand what is being communicated one must look at the spoken words. Put merely, in a low-context civilization, what is said is what is meant. Conversely, in a high-context civilization, there is a use of elusive cues, frequently gestural with the purpose of keeping societal harmoniousness. The communicators from these civilizations learn to find what is genuinely being expressed by analyzing gestural behaviours, context of the message, history of the relationship, and the societal regulations regulating interaction. Nipponese, Arabs, and Mediterranean peoples, who have extended information webs among household, friends, co-workers and clients and who are involved in close personal relationships, are considered high-context. As a consequence, they do non necessitate or anticipate much i n-depth, background information when communication in their day-to-day lives. This is because they keep those that are close to them informed about what is traveling on in their lives and so there is a common yarn of cognition among them. Low-context people would include Americans, Germans, Swiss and other northern Europeans. These people separate themselves and make non portion information with others about their personal relationships, their work, and many facets of their daily life. As a consequence every clip they interact with others they have to pass a batch of clip sharing and explicating elaborate background information. With each civilization there are traveling to be different specific single differences in the demand for contexting or the procedure of make fulling in of import background informations. But the key is cognizing whether the civilization with whom you re pass oning falls on the high or low side of the context graduated table. Listed below are some of import f eatures of high- and low-context communicating manners taken from our text edition Groups In Context. Features of Low and High-Context CommunicationLow-ContextHigh-ContextInformation: Much of the information is inMuch of the information is in the contextualthe explicit verbal messages.cues, such as state of affairs, relationship, clip There is non every bit much relianceand topographic point. There is non every bit much trust onon the context in footings of explicit verbal messages. relationship, clip, and topographic point. Purposes: Opinions and demands are statedOpinions and demands are stated indirectly. straight. Communicators mayCommunicators will abstain from directlyattempt straight to persuade.Saying no. Relational harmoniousness is Self-expression is important.important. Directness: Clear, facile address isAmbiguity and silence are valued, and anvalued, and verbal eloquence isability to speak around the point isimportant.important. One of the hardest factors to screen out when covering with high- and low-context communicating, is finding how much information is adequate to convey a message or idea between the persons. Edward and Mildred Hall remark on this in their book Understanding Cultural Differences. They say that high-context people are disposed to go impatient and annoyed when low-context people insist on giving them informat ion they don t demand. And it s merely the opposite when low-context people are at a loss when high-context people do non supply adequate information. This inquiry of how much information is adequate bends into one of the great communicating challenges in life. Too much information leads people to experience they are being talked down to ; excessively small information can perplex them or do them experience left out. These accommodations are reasonably easy within one s ain civilization, but in other states or cultures the message frequently goes over their caput. This capable becomes progressively of import as engineering improves and the universe becomes an even smaller topographic point. Because of the promotions in engineering, people are holding more and more contact with persons from around the universe. Understanding the significance of high and low-context is of class of import, non merely in going, holidaying, and touring the universe, but is even more of import with the addition in diplomatic and concern relationships that states are developing with each other around the universe. For illustration, in a concern puting this is highly of import if an person ( s ) is giving a presentation to another state. If the presentation is given by a low-context group to a high-context group, the high context members may experience as though there is manner excessively much information being given, and the presenter ( s ) should merely acquire to the point. The opposite can be said when high-context persons present to a low-context group, there ma y be a feeling of unclairty or vagueness because everything was non spelled out during the presentation. We can even see illustrations of high- and low-context here on our ain campus. We have a big population of International pupils from around the universe presently go toing our campus. I had the chance last semester to detect both high- and low-context communicating take topographic point. A friend of mine was an teacher for an ESL ( English as a Second Language ) class offered through the Center for Learning Assistance. I believe the rubric of the class was Speech Communication for ESL. I was allowed to detect the category one twenty-four hours. The teacher began the category by discoursing persuasive addresss and their intent. The balance of category was given to the pupils to show their enlightening addresss which they prepared the hebdomad earlier. The category contained pupils from Thailand, Germany, the Middle East and Japan. It was so interesting to detect how different per sons presented their information and the reaction that some of the pupils displayed as they absorbed the information. For some of the pupils the basic information presented was easy understood, but for others you could see the trouble in understanding clearly expressed on their faces. Often times I saw one individual bend to a individual from the same state, evidently inquiring what the talker meant. Some of the presenters would pick-up on this and try to farther explicate. This effort on behalf of the talker to pass on efficaciously with a member from another civilization enhanced the apprehension on the portion of the hearer. As I mentioned earlier the universe is going a smaller topographic point and as different civilizations come into more and more contact with each other jobs will originate. One of the subscribers to these jobs is misconstruing. Granted there are and will be differences based on the linguistic communication but besides from the context of the communicating. Th e first measure in forestalling some of these jobs is understanding some of the differences between your ain civilization and the civilization with which 1 is interacting. Possibly if more people were cognizant of the differences between how we communicate, more clip could be spent on communication, and non seeking to calculate out what the other is truly seeking to state. Hall, Edward T. , Beyond Culture. New York: Anchor Press/Doubleday, 1977. Hall, Edward T. , Hall, Mildred R. , Understanding Cultural Differences. Pine tree state: Intercultural Press, Inc. , 1990. Storti, Craig, Cross-Cultural Dialogues. Pine tree state: Intercultural Press, Inc. , 1994. Wilson, Gerald L. , Groups In Context: Leadership and Participation in Small Groups. New York: McGraw-Hill, Inc. , 1996.

Underground Railroad Essays (211 words) - , Term Papers

Underground Railroad The underground railroad was more successful in ending slavery compared to the abolitionists way of ending slavery. This is true for many reasons such as that Hariet Tubman helped 200 to 300 slaves in 79 trips escape from slavery, the safe houses and conductors helped made it successful, and also, many people helped the slaves escape from the south up to the north, mainly to Canada. Hariet Tubman became a specialist for the underground railroad after escaping from Maryland into Pennsylvania. She made 79 trips from the south up to the north and Canada. She helped 200 to 300 slaves escape and be free. Many joined the airforce in Canada, and others worked in factories. Robert Pervis also worked for the underground railroad. He had so many good actions that he was known to be somewhat of a president for the system. Many people wanted to end slavery, so they helped the slaves escape by letting the slaves stay at their houses, These were called safe housing. Each house was called a station in which slaves would stop at on their way to the north. The conductors were the leaders who helped the slaves escape. Hariet Tubman was a conductor. There were many ways in which the underground railroad helped end slavery. So the underground railroad was very successful in freeing the slaves.