Odysseus and Penelopes Suffering - Free Essay Example

Sample details Pages: 2 Words: 687 Downloads: 5 Date added: 2019/04/01 Category Literature Essay Level High school Tags: Odyssey Essay Did you like this example? The book The Odyssey, by Gareth Hinds, is about Odysseus and how he battles mythical creatures and faces the anger of the gods. His wife, Penelope, and his son, Telemachus, avoid many suitors contending to marry Penelope try to take Ithacas throne until Odysseus returns home. The Odyssey ends when Odysseus wins a contest to prove his who he really is and takes back the throne of Ithaca again. Don’t waste time! Our writers will create an original "Odysseus and Penelopes Suffering" essay for you Create order One of the main themes that comes up throughout the story is suffering. Types of suffering that come up are personal suffering, suffering you share with other people, and finally how those problems are resolved in the end. Personal suffering in this book is usually caused by wars or other depressing events. One example in this book is when Odysseus spent a long time looking for his family. This clearly had a big impact on his journey. He did everything for his family and to try to get to them but in the story, it clearly shows that he was suffering because of the way he missed them and how long it took him to find them. Between Telemachus, Odysseus and Penelope, the stress in all of them tested and affected their mental strength while being sorrowful because they were being separated from each other. When Odysseus left for the war, Penelope stayed at home with Telemachus. After many years passed by, people thought Odysseus was dead and a new kind of pain and suffering both Telemachus and Penelopes life was created because of that. Because of this, suitors harshly ravaged their house and this caused her a lot of pain for many years. Penelope wished for Odysseus to one day come back home, but after many years of hoping, it seemed like it would never come true. This same kind of hardship that Penelope experienced was also shared with Telemachus in a very similar way. He was always looking to find a way of his father to come home but he would never come back. In the book, there were many wars of different kinds, some of which involved violent wars and lots of killing but also wars within yourself and other people. The wars affected the story greatly because it showed how it impacted people greatly. One example of this affecting people is when Odysseus was away and is trapped on Calypsos island. Once Calypso lets him leave the island, he goes on many adventures that cause many members of his crew getting killed. Odysseus feels like it is his fault that they have died because he was the one that brought them along on the journey. He thinks deeply about what is going on and how it would have been if they werent with him. Before much of the misfortunes of them getting killed, Odysseus and his crew get stranded with a lady that poisons them but then Odysseus gets them out of the poison. While they were there, they were out of worries that they would get killed in any place they walked. In the end, all of these problems were eventually solved, and characters attitudes were clear to change when they did. When Odysseus returned home, Penelopes problems with the suitors got resolved. When he got there, he took back her hand and the throne of Ithaca again. She no longer had to deal with them fighting over who would marry her or who would take the throne. Even though nothing can change the grief of the loss of a loved one from the war, a lot of the depression from the crew stopped because they no longer had to live with the worry of getting killed overnight or Odysseus not coming back home. To conclude, The Odyssey can teach us many things about suffering and the ways people suffer. Even though problems may be hard on you and other people, most times they can be resolved, just like they were with Odysseus and Penelope. Penelope didnt have to worry about many problems when Odysseus came home and Odysseus didnt have to worry about someone taking the throne while he wasnt at home.

Leadership Styles That The Leaders Of The Ancient World

Title Page Boudi Haj-Ayoub Ms.Cross Class code Intro: There are many different leadership styles that the leaders of the ancient world used to create and expand their empires. Each leader used a combination of different leadership styles during their rule. Two leaders that share very similar leading styles were Richard the Lionheart and Saladin. They both were Situational leaders, management leaders and relations leaders. They both used their skills against each other in a battle for the holy lands. Paragraph one: Situational leadership theory states that the best leaders are flexible and adaptable, able to modify their plans or make quick decisions that benefit their rule and their people. According to this theory, situational leaders possess the ability to analyze a situation and its variables and come up with the best course of action. Both Saladin and Richard Lionheart were situational leaders because they both had the ability to adapt quickly to what was happening around them and make crucial decisions with little notice. For example, during the siege of Jerusalem, Saladin modified his battle strategy in order to bring about success: Saladin saw that he was making no progress†¦. At dawn on a certain day [Sept 26] the King of Egypt (that is, Saladin) ordered the camp to be moved without any tumult or commotion. He ordered the tents to be pitched in the Vale of Jehoshaphat†¦.When morning had come the men of Jerusalem lifted up their eyes and,Show MoreRelatedInfluence Of A Great Philosopher And The Metaphysic Of Divine Providence1162 Words   |  5 PagesCicero returned to the republic government after the late Julius Caesar death Cicero became an enemy to Mark Anthony. After a power struggle Cicero was executed being an enemy to the state by the second Triumvirate in 43 BC. 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Decision Support System and Harvard Cooperative Society Free Essays

Chapter 2: Information Systems and Knowledge Management From his office window overlooking the main floor of the Harvard Cooperative Society, CEO Jerry Murphy can glance down and see custom- ers shopping. 19 They make their way through the narrow aisles of the crowded department store, picking up a sweatshirt here, trying on a baseball cap there, checking out the endless array of merchandise that bears the Harvard University insignia. Watching Murphy, you can well imagine the Co-op’s found- rs, who started the store in 1882, peering through the tiny win- dowpanes to keep an eye on the shop floor. We will write a custom essay sample on Decision Support System and Harvard Cooperative Society or any similar topic only for you Order Now Was the Harvard Square store attracting steady traffic? Were the college students buying enough books and supplies for the Co-op to make a profit? Back then, it was tough to answer those questions precisely. The owners had to watch and wait, relying only on their gut feelings to know how things were going from minute to minute. Now, more than a hundred years later, Murphy can tell you, own to the last stock-keeping unit, how he’s doing at any given moment. His window on the business is the PC that sits on his desk. All day long it delivers up-to-the-minute, easy-to-read elec- tronic reports on what’s selling and what’s not, which items are running low in inventory and which have fallen short of forecast. In a matter of seconds, the computer can report gross margins for any product or supplier, and Murphy can decide whether the margins are fat enough to justify keeping the supplier or product on board. We were in the 1800s, and we had to move ahead,† he say s of the $55 million business. Questions 1. What is a decision support system? What advantages does a decision support system have for a business like the Harvard Cooperative Society? 2. How would the decision support system of a business like the Harvard Cooperative Society differ from that of a major corporation? 3. Briefly outline the components of the Harvard Cooperative Society’s decision support system. How to cite Decision Support System and Harvard Cooperative Society, Essay examples

Conceptual Framework and Inclusion of Prudence

Question: Discuss about the Conceptual Framework and Inclusion of Prudence. Answer: Introduction Conceptual framework of accounting have major role in the preparation and the presentation of the financial statements. It provides the basis on which the financial statements of the company are prepared and presented. In case there has no such framework then the company would have ended up with nothing. This framework requires necessary compliances with the applicable provision of the accounting standards, auditing and assurance standards and the requirements of the Corporations Act or any other law for the time being in force. For making the analysis, Suncorp Limited has been selected. The company is registered in Australia and listed in the Australian Stock Exchange and is engaged in the banking sector and the insurance sector and is regarded as the number one company across Australia and New Zealand for insurance business. From the annual report of the company for the current year ending, this report has been prepared. At first the conceptual framework characteristics have been d etailed with examples from annual report and it has been ascertained whether the same has been followed throughout the annual report. Thereafter the concept of prudence has been explained and the effects on annual reporting have been discussed after its inclusion in the conceptual framework of accounting. At the end the concluding paragraph has been along with the recommendation as to whether the company adheres to the requirement of conceptual framework or not. Conceptual Framework And Its Adherence Framework is regarded as the main component for the success of the organization. Framework is defined as the plan or layout which will help to define what the organization is required to do so or how the organization can achieve the organizational goals by having the defined structure. Frameworks are of two types namely theoretical framework and practical framework (Anastasia, 2015 and Capital Markets Advisory Committee Meeting, 2013). Conceptual framework has been defined as the platform or the structure which allows the financial statements to be prepared in accordance with the relevant laws, guidelines, rules and regulations and importantly the Australian Accounting Standards and Auditing and assurance standard (Financial Statement Analysis, 2017). The companys financial statements will be useless for the users of the financial statements if it does not contain any type of framework whether theoretical or practical. As per the norms, conceptual framework consists of three characte ristics which includes faithful representation, relevancy and reliability. All the three characteristics though work separately but are linked by way of many reasons (IASB, 2010 and Weiss, 2014). If the financial statements are free from any error or bias then the data so obtained will always be reliable and thus will be relevant for the users of the financial statements. Its adherence in the annual report of the company has been checked and confirmed from the various sections of the annual report of the company itself. These are as follows: Remuneration Report Remuneration report is the report prepared for apprising the users of the financial statements the amount of the remuneration paid to the key managerial personnel of the company. Key managerial personnel of the company are those persons, who have the authority to plan, manage, control and directs any activities of the company for the achievement of the organizational goals. In this report the basis of the remuneration structure so formed and paid is described. In the starting when the remuneration report is addressed to the shareholders it has been mentioned that the company is striving for its remuneration policy which is described as pay for performance which means that the key managerial personnel will be paid on the basis of the performance of their work. This pay for performance is generally described as the remuneration received for taking risk. It is because the key managerial personnel receives some part of payment only when their performance gives the be st results to the organization and increases the turnover of the company. Thus, this is financial linked remuneration. The company also gives the long term and short term incentives described as LTI and STI. Long term incentives are determined with the value of the Total Shareholder Return (TSR) and short term incentives are determined by the score that each executive will get on the analysis of the financial and non financial achievements made by him during the year. Further the remuneration is recommended by the remuneration committee. The recommendation is made only after due consultation with the experts and consultants hired by the company in respect of any legal changes. The committee has met for the six times for the year ending 30th June 2016 and fully supported the board in fixing the remuneration and complete its responsibility towards the shareholders in relation to adequate and proper management of remuneration with prudence and to comply with the prudential standards is sued by APRAs (Annual Report, 2016). GPFR - These are known as the General Purpose Financial Statements specifically for the users who makes their decision with respect to financing or investment. The company has adhered with the same as it has been mentioned in the statement of compliance that the consolidated financial statements for the year end are the general purpose financial statements and have been prepared in accordance with the Australian Accounting Standards and comply with the provisions and requirements of the Corporations Act, 2001 (Annual Report, 2016). Inventory The inventory consists of the derivatives and securities and the same have been valued at cost (Annual Report, 2016). Accounts Receivable The accounts receivables are covered under the head of Receivables due from other banks amounting $595 million in 2015 and $552 million in 2016. The receivables are only on account of the financial services made by the company. It has been mentioned in the annual report that no adjustments have been made for the collateral or any other security obtained and no impairment has been done as there are no chances in nit getting the recovery from the debtors (Annual Report, 2016). Property, Plant and Equipment The assets contribute under this amounts to $183 million in 2016 as compared to $191 million in 2015. The depreciation and the amortization expense have been charged to Profit and Loss statement and the expense has been allocated to different segments of the business including Insurance, Banking, Life and Corporate in order to provide the necessary disclosures as per the conceptual framework and in accordance with AASB (Annual Report, 2016). Leases The distinction has been made between the operating lease and the financial lease as per Note 37.19 of the financial statements. The operating lease has been written off as per the straight line method of amortization. It has been stated in the annual report that the AASB 16 on the Leases although are available for early adoption but the company has not incorporated the same as it will become mandatory for the year ending 2020 for the company. Thus, the company has followed the running AASB 117 and have followed the conceptual framework (Annual Report, 2016). Taxation The taxation part has been mentioned area wise. Firstly, Australia taxation has been mentioned where the tax is charged partly on the basis of product and partly on the basis of profits and therefore has different rates of tax like superannuation business is taxable at 15% and normal business at 30%. In the New Zealand, there is the corporate tax rate of 28% and is applied for all classes of business. Therefore, at the end the company has $462 million as tax liability for the year ending 2016 (Annual Report, 2016). The above instances explain that the company has followed the conceptual framework of accounting and is in accordance with AASB. Inclusion Of Prudence In Conceptual Framework Prudence is the concept which entails that the company shall provide and anticipate for all expenses and losses and shall not provide for any gains and incomes. Concept of prudence has been regarded as the major concept that shall be kept in consideration while preparing the financial statements of the company and finalizing it. Australian Prudential Regulatory Authority has defined the Prudential Standards which shall be considered by the company while framing the books of accounts (HAL official website, 2013). The fact of having APRA framework for level 3 companies have been mentioned in the annual report and it has been stated that the same will be applicable from the financial year 2017 and company is ready for it. The annual report has stated the instances where the requirements of APRA have been met: Liquidity Coverage Ration as per APS 210 Policy liabilities in Australia as per LPS 340 Equity Reserves for Credit Losses as per APS 220 Capital and Credit Commitments as per APS112 (Annual Report, 2016). Effects On Reporting Although the conceptual framework along with the AASB and APRA guidelines has been followed by the company but there remains the issue of Self Interest among the executive and the key managerial personnel of the company. The self interest is mainly in the remuneration. It is because the executives gets the remuneration on the basis of the performance and in order to improve the Total shareholder return or the financial performance of the company, the executives might get themselves engaged into the practice of manipulating the accounts by inflating the revenues or reducing the expenses. Thus, there may be the issue of self interest which might affect the conceptual framework of accounting. Therefore, the prudence in conceptual framework can affect the reporting in the financial Statements of the company. Conclusion Conceptual framework of accounting is very important in preparation of the financial statements of the company and it provides the structure through which true and fair view of the financial statements can be prepared. The inclusion of the prudential norms has further gained the weight age in the conceptual framework of accounting. Although it may affect the reporting purpose by engaging the company in the manipulation or other mal practices in relation to the financial statements, but its key for financial statements. To conclude, the report has come out with new facts. Recommendation In view of the report, it is recommended to have many more prudential standards so as to make the financial statements representing the true and fair view and not letting anyone to do wrong practices. References Anastasia, (2015), Financial Statement Analysis : An Introduction available on https://www.cleverism.com/financial-statement-analysis-introduction/ accessed on 24/04/2017 Capital Markets Advisory Committee Meeting, (2013), Conceptual Framework available on https://www.ifrs.org/Meetings/MeetingDocs/Other%20Meeting/2013/March/AP%203%20conceptual%20framework.pdf accessed on 24-04-2017. Financial Statement Analysis, 2017 available on https://www.business-solutions-and-resources.com/financial-statement-analysis.html accessed on 24-04-2017.. HAL official website, (2013), Should Financial Statements Represent Fairly or be Relevant, available on https://hal.inria.fr/halshs-00873959/document accessed on 24-04-2017. International Accounting Standards Board, (2010), Conceptual Framework for Financial Reporting 2010 , pages 16-21 Suncorp Official Website, Annual Report 2015 available on https://www.suncorpgroup.com.au/investors/reports accessed on 24-04-2017. Weiss D, (2014), Faithful Representation available on https://bschool.huji.ac.il/.upload/Seminars/Faithful%20Representation%20October%202014.pdf accessed on 24-04-2017.