Causes Of Ww2 And Appeasement During World War II

Causes Of WW2 and Appeasement As a result from World War 1 governments were in shambles, economies were destroyed, and leaders were lacking skills needed to maintain people in these conditions . The world was once again a ticking time bomb. Between the end of World War One and the start of World War Two these effects were felt all over the world. Many people have different ideas on how World War Two was caused. However it was not one single event that set of the war, it was an accumulation of many problems that built up over time. Though many factors contributed in starting the war there were three that were the most prominent, these were, the effects of the Treaty of Versailles, Hitler s actions, and the failure among the league of nations. The treaty left people starving, impoverished ,and furious. Hitler was not a man of his word, which created many complications among countries. The League of Nations was an international group created to help keep world peace. Failure among the League of nations caused wa r, because there was no one that was able advocate peace. In conclusion, many small events pathed the way for war however effects of the The League Of Nations, Treaty Of Versailles, and Hitler s goals were 3 large events that turned the tides of war. The League of Nations was an international organization set up in 1919 to help keep world peace. The League was part of Woodrow Wilson s 14 point plan, and also in the Treaty Of Versailles. The league followedShow MoreRelatedHitler s Dream Of Making Germany A Global Power And The Futile Policy Of The World War II974 Words   |  4 PagesThere was not one single cause that started World War II, but instead a result of several different factors. The Treaty of Versailles was excessively harsh and angered the Germany people, The Great Depression resulted in European Nations not have the resources to prepare an army, Hitler’s dream of making Germany a global power and the futile Policy of Appeasement were all factors that caused World War II. Although multiple factors contributed to the start of WW2, Hitler’s agenda was the most prominentRead MoreHow Far Do You Agree That the Policy of Appeasement Was the Main Cause of WWII?1551 Words   |  7 PagesTreaty of Versailles The Treaty of Versailles was a peace treaty that was signed by the UK, US, France, Italy and Germany, it ended the war between Germany and the Allied Powers. The Treaty of Versailles was signed on 28 June 1919. Hitler saw the Treaty of Versailles as a disgrace to the German people and an embarrassment to Germany. Hitler blamed the German politicians for signing the Treaty of Versailles as he thought Germany could have avoided it and the problems it presented Germany withRead MoreWas Hitler to blame for WW2?1484 Words   |  6 Pagesï » ¿Year 9 History NC Assessment: â€Å"From one war to another – Was Hitler totally to blame for WW2?† â€Å"Hitler was totally to blame for World War II. Do you agree?† World War Two began in September 1939 when Britain and France declared war on Germany following Germany s invasion of Poland. Although the outbreak of war was triggered by Germany s invasion of Poland, the causes of the war were more complex. In 1919, Lloyd George of England, Orlando of Italy, Clemenceau of France and Woodrow Wilson from theRead MoreTaking a Look at Adolf Hitler670 Words   |  3 PagesHitler was an Austrian, German politician and the leader of the Nazi party. Hitler was the leader of Nazi Germany from 1933 until his suicide in 1945. Hitler was responsible for involving Germany in World War II and for killing an estimation of more than 11 million people (mostly of Jewish background) during the Holocaust. †¢ How Hitler became leader: The German President, Hindenburg, did not want to appoint Hitler as Chancellor of Germany and quickly appointed Von Papen in the position. However the NaziRead MoreThe War I And World War II1930 Words   |  8 PagesSUMMARY OF WARS Humanity was forever changed after the wars of the 20th century. World War I and World War II are known for the millions of military and civilian lives they took away. Horrific words such as concentration camps, slave labor and genocide are linked to the wars. They are also credited to causing nations to rapidly come up and develop brilliant new inventions, warfare tactics and revolutionary ideas that are still playing intricate roles in modern day societies. Both of these wars were accredited

A Dirge and A Bridal Song by Percy Bysshe Shelley - 760 Words

Percy Bysshe Shelley is known as the greatest poet of the second generation of romantics. He wrote great poems in his career like â€Å"A Bridal Song† and â€Å"A Dirge†. These two poems he is most famous for writing. He influenced the romanticism era dramatically through his writing and poetry like the two poems listed above and even though critics had something to say about it he was always ready to face the criticism. My author is Percy Bysshe Shelley â€Å"He was born in Suxxex England† and â€Å"he attended the university of oxford in 1810† (Constantakis 3). Percy Bysshe Shelley was born on August 4,1792 and died on July 8, 1822. â€Å"He formed a theory of nonviolent resistance to oppression and was acknowledged as an inspiration by ghandi, ever since he developed his political ideas in poetic form† (Constantakis 3). â€Å"Shelley is recognized as one of the greatest poets of the second generation of romantics in the early 19th century due to poems like â€Å"A Bridal Song† and â€Å"The Dirge† (Constantakis 2). â€Å"Percy Bysshe Shelley is often thought of today primarily as a poet he is also an important figure in the history of the democratization of western Europe and the development of socialism.† (Constantakis 3) â€Å"Romanticisms essential spirit was one of revolt against an established order of things-against precise rules, laws, dogmas, and formulas that characterized Classicism in general and late18th-century Neoclassicism in particular. It praised imagination over reason, emotions over logic andShow MoreRelatedOde to the West Wind by Percy Shelley801 Words   |  3 PagesElizabeth Shelley. He had one brother and four sisters. He grew up in the village Broadbridge Heath. He learned to fish and hunt in the meadows surrounding his home. He ran through the fields with his cousin and good friend Thomas Medwin. Percy’s parents were Timothy Shelley he was a squire and member of Parliament, and Elizabeth Shelley. Percy Shelley began gracing the world by age 10 and continued using his extensive expencence to write poetry, thereafter (â€Å"On August 4, 1792, Peel Percy Bysshe was born

Heroism What Makes A Hero Essay - 1665 Words

Heroism: What makes a hero? Merriam Webster dictionary defines heroism simply as great courage. Bravery, honesty, valor, character, gutsy and bold are all words that basically mean the same as heroism. The definition of a hero is a person, who is admired or idealized for courage, outstanding achievements, or noble qualities. People in everyday life show these qualities and can be found in many places. A teacher can be thought of as a hero by students, a mother by a child, a coach by players, or a world leader by citizens. Some people like to think of sports figures and celebrities as heroes. Firefighters, police, doctors and members of the military are great examples of people who exhibit great heroism every day. Heroes can be found anywhere throughout the country. They can be found in government, hospitals and importantly the ones keeping our country safe. This paper will focus on heroism and attempt to show how a hero can be anyone who exhibits actions that are above and beyond the norm; they could be cops, firefighters, parents, teachers, athletes or even celebrities. These people could go day to day protecting citizens and loved ones from dangers and peril or people simply performing acts to inspire others to do the same. Many like to think of celebrities, singers and athletes as heroes, because they too have outstanding achievements or noble qualities. These people get paid to do what they love every day. The attention they garnish from the media puts theirShow MoreRelated Defining Heroism - What Makes a True Hero? Essay857 Words   |  4 PagesThis point of view can best be explained using three key points of focus. These points are as follows: The similarity of a higher guidance in times of need, the similarity of the code of honor that they live by, and the fact that no matter who the hero is, he or she is under pressure to be a successful role model.   Ã‚  Ã‚  Ã‚  Ã‚  The similarity of higher guidance in times of need is the easiest and most direct of all the three factors. Most heroes, but not all, live their lives in allegiance to God or anotherRead MoreEssay on Hero Worship809 Words   |  4 PagesHero Worship When asked to conjure up descriptions of a hero or heroism, many people would imagine similar scenes. The firefighters pulling a family from a burning building, a soldier saving his platoon from certain death, rescue workers pulling a stranded mountain climber from a precarious ledge, and the Knights of the Round Table saving a damsel in distress, are all examples of the common hero. Many people display heroism in everyday life but are rarely recognized either by their peersRead MoreHeroism Essay795 Words   |  4 Pageschild might consider a marvel character such as the flash a hero, while more mature individuals might consider a religious figure.   Heroes exist throughout today’s society in abundance.   I define heroism as,   Ã¢â‚¬Å" The qualities or attributes of a hero† (dictionary).   Some examples of heroism can be doctors saving an individuals life or me saving a random person’s life.   I define heroism as someone who places others before    him/ herself.   Heroism appeals to the five senses: sight, sound, smell, taste, andRead MoreHeroism Essay1246 Words   |  5 PagesWhat is heroism? Things preformed Superman, Batman, or The Flash? This is what most people think about when they hear the word hero or heroism. Although these characters show heroism, the definition of heroism does not have to be narrowed to the stereotypical hero. Many people have different concepts on heroism. A hero can be a ordinary person like a firefighter or cop. Heroism is a attribute that a person can obtain but they have to choose actions that help others like a fearless firefighter orRead MoreHeroism : Hektor And AchilleusResponse To Fate1355 Words   |  6 Pagestheir respective sides. But their definition of heroism greatly differs. On one hand Hektor seems to embody the characteristics of a hero according to societal views: such as prioritizing the people over everything, striving for glory and dying an honorable death in battle. Achill eus on the other hand, seems to define heroism through his own individual needs. For Achilleus, being a hero means receiving gifts and glory for himself, while becoming a hero to settle personal vendettas. The hero’s responsesRead MoreGoing Out of Their Way for the Well-being of Another...That Is a Hero645 Words   |  3 PagesA hero is defined as a person, who is admired or idealized for courage, outstanding achievements, or noble qualities. What is your perception of a hero? Is it a â€Å"hero† from the movies, like spiderman or batman? The idea of heroism is widespread and many opinions arise from the concept. A hero is someone who goes out of their way for another’s well being. Calvin Coolidge, a writer, once said, â€Å"Heroism is not only in the man, but in the occasion.† (Brainy quote). For one to actually be a hero, oneRead MoreEssay about Harry Potter: An Ancient or Modern Hero?1023 Words   |  5 PagesWhat would you do if you awoke one morn ing to find that you were a living legend. That for the past twenty years your family has been known to all, as one of the most prominent wizarding families in the wizarding world. What would YOU do if you were regarded as ... a modern HERO. The only wizard ever to survive a powerful curse cast by Voldemort, the most powerful dark wizard; Harry was just a baby when he was attacked by the evil wizard. But he escaped the curse and had somehow managed to reverseRead MoreThe Dream of the Rood: An Outstanding Archetype of Christian Influence on Anglo-Saxon Heroism1158 Words   |  5 Pagesof Christian influence upon Anglo-Saxon heroism. It is a religious short story that recounts the crucifixion of Christ communicated from Christ’s rood to an unnamed visionary. The crucifixion of Christ is depicted as the ultimate act of heroism. However, it is via Anglo-Saxon tradition that Christian ideology manages to influence the definition and imagery of Anglo-Saxon heroism. In  "The Dream of the Rood† Christ is an Anglo-Saxon hero. An Anglo-Saxon hero is valiant, strong or mighty and not frightenedRead MoreMeaning Of Heroism1098 Words   |  5 Pagesimagination, what about them makes them heroic? One individual named Oliver Stone, believes that being a hero involves becoming a better person and that the traits of a hero are seen everywhere, all the time, unnoticed. Another person named Dr. Phineas D. Gurley implies that heroism is shown by a one’s deeds and actions. Altogether, being a hero means to have great virutes, instead of having fame or being well-known. As mentioned before, being a hero means to have great virtues. What exactly is virtueRead MoreThe Heroes Of The Epic Of Gilgamesh1215 Words   |  5 Pagesare the epitome of what humans want in themselves. Noble, kind, selfless; these are all traits that embody the modern hero. This was not always the case, however. In ancient literature, the heroes are not good role models, most of the time. Gilgamesh in The Epic of Gilgamesh is prideful and selfish in his conquests. Achilles in The Iliad drug his enemy’s body around his friend’s funeral pyre for days on end. Heroines in ancient literature are closest to what is considered a hero today, even if their

Mabo V Queensland An Australian Landmark Case - 1168 Words

‘Mabo V Queensland’ was an Australian prominent landmark case which began in 1982 in the High Court of Australia. This case is commonly referred to as just ‘Mabo’. This case was taken to the High Court as a test case to establish Aboriginal’s land rights including their ownership. A test case is a case that establishes new legal rights or principals. In this case, the concept of terra nullius was also challenged. Terra Nullius means ‘empty land’. The concept of terra nullius meant that Australia was an empty land before British settlement. This concept, therefore, suggested there is no ownership of this land by the aboriginals. Eddie Mabo was appalled once he discovered that he and his people’s/communities traditional ownership was unrecognisable by Australians and their laws. While working at James Cook University, he read many books and reports about aboriginals and Torres Strait Islanders to further his knowledge. Due to his higher level of knowledge about his people and their land rights, he became an activist who fought for their land rights. He attended the Land Rights Conference in 1981 to ask for assistance for aboriginal land rights in particularly the ownership of Murray Island. During his speech he once said that â€Å"what we actually want is real help, not patronising colonial rule anymore; more advanced help from our prosperous white Queenslanders to enable us to stand on our own feet and be able to exer cise our rights as Australians†¦Ã¢â‚¬  In this conference heShow MoreRelatedMabo Decision : Queensland Government1414 Words   |  6 PagesMabo Decision The case of Mabo decision with Queensland government was one of the most significant legal case in Australia, which recognised the land rights and the original ownership of Murray islanders in the Torres Strait. It was acting by Murray islanders and the High Court upheld. Based on the successful legal case, there are some key issues in the process for Indigenous’ land rights, which were changed in Australia law and affect future rulings in Australia, such as the Native Title rulingRead MoreThe Separation Of Powers Doctrine1516 Words   |  7 Pagespdf)downloaded on 22/03/2016) Constitution Act (‘the Constitution’).1 The separation of powers doctrine states that each arm of the government should be separate from each other and not exercise the powers or functions of the others.2 Though the Australian government does not strictly comply in the separation of powers because the legislature and the executive are not completely separated.3 since Australia maintains a system of responsible government, which upholds the principle that the executiveRead MoreCase Study Mabo/Essay Federalism2851 Words   |  12 Pagesessay it will be discussed that the ‘Mabo Decision’ and the implementation of the Native Title Act, 1993, is an example of this and will be analysed whilst unearthing the challenges and benefits which were exhumed within this historical test case, whilst explaining the impact of the High Court Ddecision. The Australian system of government is a federal system incorporating characteristics of both the British system and that of the United States. The Australian Constitution provides for a WestminsterRead MoreAustralian And International Legal Systems1347 Words   |  6 Pagesrights for indigenous Australians now it is vital to also consider this issue in an historical context. The profound injustices since white settlement have left deep scars which are ever present today. The new settlers followed the legal approach that the land was not â€Å"owned† before white settlement (Terra Nullius, meaning â€Å"nobody’s land†) and therefore was theirs for the taking. They not only inflicted systematic physical and mental abuse but they fenced Indigenous Australians out of their land,Read MoreHistorical Developments Of Aboriginal And Torres Strait Islander Peoples Struggles For Rights And Freedoms1832 Words   |  8 Pagesstruggles for rights and freedoms’. Since European invasion in 1788, Indigenous Australians have fought to retain their rights and freedoms and to have governments recognise them. From 1788 and onwards the British created settlements on land that Aboriginal people previously used and controlled. Throughout the 19th century the government applied policies of ‘protection’ that have segregated Aborigines from Australian society by denying them equality and opportunity. They have achieved some significantRead MoreAustralia Based On The Doctrine Of Terra Nullius1416 Words   |  6 Pagesrecognize the existing Indigenous Australians and their ancestral land. Subsequently, the Aboriginals and Torres Strait Islanders were excluded from matters concerning their ancestral land during the drafting of the Australian constitution. Thus, resulting in an Australian constitution that discriminated against its first peoples, their connection to the land, culture and laws. â€Å"The Indigenous people we subjugated to the laws and customs of England, the Australian constitution ignored claims to landRead MoreThe Struggles Indigenous Peoples Face to Obtain Justice Essay1577 Words   |  7 Pagesthat person is a member of that group and for an individual to identify themselves as belonging to that group. The problems with achieving this right is demonstrated in the 2002 Good Weekend Article A white shade of Black which highlighted a court case in Tasmania to judge who could vote in ATSIC elections. Cultural integrity is the right of IPs to practice and preserve cultural traditions such as affinity with the land while also allowing them to access modem innovations. This is seen throughRead MoreThe Effectiveness of the Law in Achieving Justice for Indigenous People3090 Words   |  13 Pageslaw in achieving justice for Indigenous Australians we must look at the Australian Legal System, and the extent to which it addresses it’s obligations to International Law in relation to Australia’s Indigenous People. In evaluating the Legal System’s response to Indigenous People and it’s achieving of justice, an outline of the history of Indigenous Australians - before and during settlement - as well as their status in Australian society today must be made. The dispossessionRead MoreConstitutional Law Australia - Interpretations Essay4007 Words   |  17 PagesInterpretation: Engineers’ Case and criticisms of Callinan J in the Workchoices’ Case. By Mark Walker Introduction In the dissenting judgment made by Callinan J in the landmark New South Wales v Commonwealth (â€Å"Workchoices’ Case†), a strong criticism was mounted against constitutional interpretation methods employed in the judicial forum. Explicitly, this conjecture was focused at Isaacs J’s judgement in Amalgamated Society of Engineers v Adelaide Steamship Co Ltd (â€Å"Engineers’ Case†), where a textualism

Business Analysis Of Seek Limited Samples †MyAssignmenthelp.com

Question: Discuss abbout the Business Analysis Of Seek Limited. Answer: Introduction SEEK is the leading company in online employment industry in Australia and New Zealand. SEEK operates in online employment, education and volunteer industries. And during the past 12 years, the company has successfully expanded the business in 14 countries. International markets are becoming more and more significant for SEEK. The expansion brings SEEK great financial success and some potential risks. This report evaluates the operation of SEEK, based on 4 main analysis, macroeconomic analysis, industry analysis, business strategy analysis and accounting analysis. The report will demonstrate how the 4 analyses would affect the operation of SEEK. Firstly, the report will highlight 5 economic factors and describe the current global economy that would influence SEEK in macroeconomic analysis. Secondly, the report will evaluate the level of competition and porters diagram in industry analysis. Then, the report will highlight the success factors and risk factors of business strategy and e valuate the sustainability of SEEK in business strategy analysis. Lastly, the report will provide accounting analysis, based on the six-step accounting analysis framework. Macroeconomic Analysis Global economy After the financial crisis in 2007 - 2008 and the Eurozone crisis in 2010 2012, the global economy undertook the tempestuous unstable periods. The world economy was slightly warming during 2012 to 2014 as the figure shown. In 2014 to 2016, the global economic presented a downward trend again due to the global commodity price shocks. The Seek Pty Ltd operate in a downturn period through the large floating exchange rate and unexpected global GDP growth, at 2014 to 2016. At last year, the growth of world gross product has strengthened, as the fading of the continuous obstruction from those crises. (United Nations 2018). The growth of the global economic reached the peak from 2011 until now. As the increasing trend, the labour market has obvious improvement in most of countries. Although the trend of the growth of world gross product is developed in the right direction, the imbalance of the world economic cannot be ignored. The stable improvement of the economic from developed courtiers may occur the overlooking of required emergency aid from the poverty countries. (Donna Tariq 2017) In 2017, there are at least 83 million people lived in the starvation that have 70% more compare with 2015. In addition, the weak investment and low productivity caused by the financial crisis still threaten the long-term potential of global economy. (United Nation, 2018) Regional economies The Seek limited span across 18 countries, including China, Australian, South East Asia, Brazil, New Zealand, Mexico and some unallocated countries. In 14 of those countries, the Seek Limited stand market leading position. The company was incorporated and domicile in Australia, but the proportion of the sales revenue Australian get is 29.8%, the second position over all the 18 countries (IBIS 2017). The Seek Limited got around 30.2% of total revenue from China by the ZhaoPin. The coal transportation was disrupted, and the housing investment was sluggish because of the striking of the Cyclone Debbie at the end of March 2017 (IMF 2017). The heavy weather lead to the growth of the economy only increase 2.2% which was lower than the global growth 3.6% and the forecast of 3% in last year (Kirrily 2017). In addition, according to the bank tighten the loaning standard, and the government increase tax levy to the oversea investment, the falling in the housing price were obvious in Sydney and Melbourne. As the downturn of the housing price, the growth rate of household net wealth was lower, more people may have a negative equity, against the consumer spending, which eventually have a negative impact on the economic growth. (Tejvan 2017) On the other hand, the Wage price index holistic was in a downturn period from 2011 until 2017, but the WPI increase 0.5% in third quarter 2017 and 2% over the year as the figure shown (RBA 2017). Due to the growth of the household debt and the decline of the income growth, the household debt-to-income ratio will have a small rise. (RBA 2017) As the increase of debt to income ratio, the demand of the change a new job will increase which indicate in the increasing of Seek Limited sales revenue in ANZ employment. Industry Analysis SEEK operations are based in the Online Recruitment Services industry which main purpose to advertise online job advertisements to the wider public. Porters five forces can be used to give a deeper understanding of SEEKs position within this industry and will allow further analysis to be had. The threat of new entrants to this market is low as there is a high barrier to entry. Although having a high entry barrier, the industrys profit margins still attract a great number of competitors to the market. The high costs of maintaining online databases and the economies of scales needed to provide advertisers an incentive as very challenging. Many entrants fail to gain any standing within the market as SEEKs reputation and expansive reach proves very hard to compete against, as SEEK was one of the first entrants to this market and has built an established relationship with many firms. Substitutes to SEEK within this industry are quite limited but slowly growing. As printed media is slowly fading as the market turns more towards digital advertisements, the rise of other digital competitors is rising. Different ideas, such as LinkedIn, have provided a challenge to SEEKs dominance in the market. The bargaining power of customers is quite low as there is a high concentration within the market and thus the customers do not have much variety to the companies they can choose from. Apart from more niche targeting companies, very few have the reputation and reach that SEEK does.The bargaining power of suppliers, like that of the customers is very limited. Again, due to the reach and marketing position of SEEK, suppliers in the market have very little power when dealing with SEEK. Lastly, industry competition is quite low due to a high concentration in the industry. SEEKs largest competitor would be Adzuna, which is only less than 5% estimated market share (IBIS World). This shows the dominance of seek within this market. Competitors have started targeting niche markets to try and gain a foothold in the industry, as the huge influx of job listings can prove quite difficult to navigate. Overall SEEK holds a dominant place, nearly a monopoly, within its respective market. Its reputation and reach sway many when choosing to find either new jobs or more human resources. Business Strategy Analysis Key success factors SEEK company has been through a successful year in 2017 both in the financial and strategic area. The key strategic factors are increasing market share in key target market and reinvestment. In terms of the financial factor, international transaction contributes 60% of total revenue of $1billion which is the first time SEEK reached $1 billion in twenty years history (SEEK 2017, p.5). Expanding into international market has given SEEK huge return in the achievement of financial objectives. According to annual report 2017, the business strategy includes four phases, Australian and New Zealand online marketplace commenced in 1997, International online marketplace and education commenced in 2005, Talent sourcing and placement commenced in 2012 and Human capital management commenced in 2015. Furthermore, in 2017, SEEK has made a significant organizational change in order to capture more opportunities in the international market. Australian and New Zealand online employment marketplace SEEK attempts to become the leading company in Australia and New Zealand in the employment industry. To achieve that, SEEK makes uses of technology and internet that enables SEEK to reduce cost largely as well as increase the effectiveness and efficiency. SEEK's low cost by using the internet is a competitive advantage over all competitors. Therefore, SEEK encourages cost leadership and use the philosophy in day-to-day business. According to the annual report 2017, the monthly visit is over 35 million and the brand awareness is up to 82% that indicates SEEK is the leading company in the industry. (SEEK 2017, p.1-3) International Online Employment Marketplace and Education Expansion SEEK has been expanding the business into other countries over last 12 years. Also, SEEK has been expanding into the education business.SEEK has been operating the business in 18 countries globally, with market leadership in 14 countries. (SEEK 2017, p.3). Talen Sourcing In the last five years, SEEK has successfully become the market leader in the online employment marketplace and SEEK still continues to grow and maintain leadership. In terms of talent sourcing strategy, data is a critical part of SEEK. Therefore, SEEK keeps capturing more data and providing candidates with more alternatives. The data improves the efficiency and effectiveness of SEEK in existing business. For example, using more data enables SEEK to reduce a job candidate from about 50 candidates down to 5-10 most relevant candidates in the advertiser center (candidate management tool), which increases the efficiency both for SEEK and hirers. Human Capital Management In Australia and New Zealand, the human capital management industry is full of opportunities. SEEK has identified some problems in the industry. Sometimes, the cost is high and the efficiency is low. So, given the capability that SEEK has, SEEK aims to solve the problems. At the same time, SEEK has invested in making new products and services, such as Ximble and Workana. Key risks factors As discussed in macroeconomic analysis, from 2014 the global economy has been experiencing downwards trend. From the financial perspective, SEEK could be affected by the decreasing of the global economy. And the floating exchange rate could influence the international market of SEEK. On the other hand, SEEKs business strategy has some risks factors as well. In the Australian and New Zealand online employment marketplace strategy, SEEK is faced with risks that are from new entrants in the industry and existing competitors who try to take more market share, such as Gumtree and My career, as SEEKs business strategy is to maintain the market leader in Australian and New Zealand market. IT Security The potential failure of IT security could have a significant influence on SEEKs all strategies. SEEKs operation is mostly operated online. So, it makes IT security one of the biggest risks. Unexpected disaster or event, like hacker attack, could leak the privacy of candidates and hirers, which could lead to loss of customers and damage to SEEKs reputation. Change of Legislation in International Market SEEK is operating in 14 countries as mentioned in the business strategy. Change of policy and legislation is beyond SEEK's control. It is a principal risk that SEEK needs to consider in the international online employment marketplace strategy. Sustainability SEEK has devoted time and money to keep sustainable development. The company does not only focus on making the successful financial result but also, contributing to the society. SEEK Volunteer, as one of the most significant participants in returning to society, provides internal employees opportunity to volunteer in the society. And every dollar donated by employees can be matched by Small Change Workplace Giving program. In terms of the environment, SEEK has created SEEK Green Sustainability program to achieve the environment-friendly purpose. Apart from that, SEEK has several strategies to be sustainable. Employee engagement SEEK continues to keep high employee engagement which can build employees confidence and make them feel respected, which in return could improve the work efficiency and effectiveness. In 2017, SEEK has been recognized as the best employer by Aon Hewitt in Australia and New Zealand for the high employee engagement. Learning and Development In 2017, SEEK has initiated a program called Coaching for SEEK success which custom-designed learning program for leaders is.(SEEK 2017, p.11) It aims at making leaders more skilled and confident to lead the team and teach the team. The more skilled leaders would corporate the team well and provide better training to its employees that enables the teams to work more wisely and efficiently. Also, learning development would keep employees with up-to-date skills and trigger innovation. Equal opportunity SEEK operates business all over the world. Therefore, it brings SEEK a large number of employees with the different background, like language, age, religion. SEEK respects and values the diversity of employees which provides the company with more potential to succeed in the future. The company policy promotes that every employee from any workplace is given the equal opportunity. The equal opportunity forms parts of the company culture. SEEK Hackathon During the financial year 2017, SEEK has successfully held two Hackathon events. The Hackathon event is to gather employees to share ideas which can be possibly made into prototypes, which helps SEEK innovate. It is a great opportunity for SEEK to find some future products that could meet the future's needs of the society, because, the customers'needs are changing constantly. It increases the sustainability for SEEK in the aspect of future needs. At the same time, SEEK Hackathon increases the employee engagement in some way. Gender balance In the financial year 2017, the Female at SEEK Thrive(FAST) was introduced. It aims to be aware of any career development barriers that could exist for female employees and eliminate them. It would increase employees satisfaction and higher employee satisfaction attracts more skilled potential employees from the society which leads to sustainability for SEEK in the aspect of future employees. Accounting Analysis The accounting analysis of a business entity is carried out for measuring, recognizing, presenting and disclosing the information presented in the financial statements. The evaluation is carried out for facilitating the decision-making of the end-users through assessing the liquidity, stability and profitability position of a business entity (Wahlen, Baginski and Bradshaw, 2017). The evaluation of the financial information of a business entity through its financial statements helps in estimating its future performance and facilitating managers and investors to undertake important decisions (Deegan, 2013). The accounting analysis of Seek Limited will enable in evaluating its accounting system and therefore developing an in-depth understanding of the accounting policies and procedures. It consists of the following six steps: Identification of Key Accounting Policies Assessing the Accounting Flexibility The first two steps in the accounting analysis aim at analyzing the accounting policy of the company and the underlying flexibility in its accounting system. The accounting flexibility refers to the ability of the company to change its accounting policies and procedures as per the business needs and requirements (Macve, 2015). It can be analyzed by assessing the accounting methods used for carrying out the financial transactions of a business entity: Revenue Recognition: The Group recognizes the revenue stream at the fair value of the consideration to be received and is measured in the financial statements as net of sales taxes such as GST and VAT. The revenue is only recognized when it can be measured appropriately and it is expected that there will be the realization of future economic benefits to the entity (Penman, 2011). The accounting policy adopted by the company is as per the AASB 118 standard and there is less accounting flexibility in this accounting policy as the company recognizes revenue by standard accounting practices (Seek Limited Annual Report, 2017) Intangible Assets: The Group is involved in providing technology solutions, and therefore its intangible assets are of great significance for it to achieve its objectives and goals. These assets mainly include goodwill, brands, Licenses, software and website development. They are recognized in the financial statements on the cost or at the fair value if acquired by business combination. The intangible assets are considered to have indefinite useful life and are mortised over their expected useful lifes (Dickie, 2006). They are allocated to a cash-generating-unit (CGU) and are examined annually for determining the impairment suffered by them. The recoverable amount of the CGU is assessed through the use of value-in-use or fair value through reducing the cost of disposal. The management adopts the assumptions of cash flow forecasts, application of terminal value growth rate and pre-tax discount rates. The company adopts flexibility in the accounting policies used for recognizing the va lue of intangible assets (Seek Limited Annual Report, 2017). Business Combination: The Group has adopted the use of acquisition method of accounting for identifying and recording all the business combinations. The consideration is paid out at the fair value of the assets that are acquired and liabilities that are assumed (Fridson and Alvarez, 2011). However, for any acquisition made on acquisition bases. The non-controlling interest is recognized by the Group in acquire at fair value. There is less accounting flexibility as it has adopted the use of this significant accounting policy over a long period (Seek Limited Annual Report, 2017). Segment Information: The operating segments of the Group have been aggregated consistently as per the internal reporting framework provided by the Chief Operating Decision Maker (CODM). It has adopted high flexibility in segment reporting as per the changes in the external environment. The transformation in the business model of the company has ceased majority of its business operations and therefore the segment reporting procedures of the Group are subject to larger flexibility (Seek Limited Annual Report, 2017). Trade Receivables: The trade receivables are recorded at the amount stated in the invoice based on the amount that is likely to be received from the customer less the provision amount that is estimated to be unrecoverable. The provision for doubtful debts will be included in the operations and administration expense in the consolidated income statement (Robinson, Henry, Pirie and Broihahn, 2015). Thus, accounting flexibility may be taken by the Group at the time of creating the allowance for doubtful debts (Seek Limited Annual Report, 2017). Evaluation of Accounting Strategies The evaluation of the accounting strategies used by Seek Limited will help in examining the authenticity and reliability of the financial information disclosed by the Group. The accounting strategy adopted by the Group is examined through comparing its performance with the top competitors (Healy and Palepu, 2012). As such, the key competitors of the Group selected for evaluation of the accounting strategy is Monster Worldwide Inc. Both the companies relatively adopt the use of same accounting policies for developing financial statements. The business combinations are recognised through the use of acquisition method of accounting and the trade receivables are accounted by considering the allowance for doubtful debts (Schmidlin, 2014). The intangible assets are recognised at fair value that is calculated through estimating the present value of estimated future cash flows. Both the companies value their assets and liabilities through the use of methods of fair value (Monster Annual Repo rt, 2015). Therefore, it can be said that both the companies adopts the use of relatively same accounting strategies and as such SEEK limited uses the accounting policies as per the industry norms (Seek Limited Annual Report, 2017). Also, it can be analyzed from the remuneration structure of SEEK Limited that it does not adopt the use of short-term incentives that relies upon the performance of the executives and managers. The Group provides long-term incentives to the executives and managers as per the growth in share price over a three-year performance period. Therefore, it can be said that clear and transparent remuneration structure developed by the management minimizes the occurrence of fraudulent accounting strategies for gaining personal benefits of attaining higher incentives (Seek Limited Annual Report, 2017). Evaluating the Quality of Disclosure The overall analysis of the annual report of Seek Limited that it is developed as per the standard accounting practices and policies as per the AASB requirements. The annual report has presented a brief overview of the Groups current performance and its strategic intent to the shareholders in its initial section under the Chairmans and CEO report. The detailed explanation of the accounting policies is provided by explaining the accounting transaction under each heading of notes to financial statement so that it is easily understood by the end-users. The notes to financial statement section have sufficiently explained the current performance of the Group. The Group has successfully adopted Generally Accepted Accounting Principles (GAAP) for conducting the accounting transactions and to provide reliable and accurate financial information to the end users. The annual report also discloses complete information about the operating segments of the Group in the notes to the financial statem ents section (Seek Limited Annual Report, 2017). Potential Red Flags and Accounting Distortions Seek Limited is having a positive financial growth and also develops its financial statements as per the standard accounting policies and thus it can be said that there is no such issues present before the Group at present. The quality of accounting information is also ensured by the report of external auditors thus guaranteeing that there are no major accounting distortions (Stickney, Weil and Francis, 2009). Conclusion It is analyzed from the overall discussion that future growth of SEEK Limited has been negatively impacted through the economic downturn at the macroeconomic level. Also, at industry-wise, the Group has acquired a dominant position however there is risk of new entrants in the market that can impact its business performance in the long-term. The use of cost leadership strategies has enabled it to achieve a competitive edge and is responsible for its good business growth. At last, the accounting analysis depicted that it complies with all the standard accounting policies and there is no concern regarding the potential red flags and accounting distortions in its annual report. The Group has adopted the accounting policies as per the AASB standards and there is also use of relative accounting judgments and assumptions during the preparation of the financial statements. The Group is complying with the industry norms in developing its financial statements and this has been evaluated from t he comparison of its accounting strategy with the competitor. The accounting policies and estimated adopted during the preparation of the consolidated financial statements are explained in detail in the notes to the financial statements section of the report. The segment information provides information about the various operations of the Group and the accounting policies adopted for assessing their financial performance. The presence of a clear and transparent remuneration structure by the management ensures that there is no manipulation of business accounts for personal gains by the business managers. References Deegan, C., 2013.Financial accounting theory. McGraw-Hill Education Australia. Dickie, R. 2006. Financial Statement Analysis and Business Valuation for the Practical Lawyer. American Bar Association. Fridson, M. and Alvarez, F. 2011. Financial Statement Analysis: A Practitioner's Guide. John Wiley Sons. Healy, P. and Palepu, K. 2012. Business Analysis Valuation: Using Financial Statements. Cengage Learning. Macve, R. 2015. A Conceptual Framework for Financial Accounting and Reporting: Vision, Tool, or Threat?. Routledge. Monster Annual Report. 2015. [Online]. Available at: https://www.annualreports.com/HostedData/AnnualReportArchive/m/NASDAQ_MWW_2015.pdf [Accessed on: 7 April 2018]. Penman, S. 2011. Accounting for Value. Columbia University Press. Robinson, T., Henry, E., Pirie, W. and Broihahn, M. 2015. International Financial Statement Analysis. John Wiley Sons. Schmidlin, N. 2014. The Art of Company Valuation and Financial Statement Analysis. John Wiley Sons. Seek Limited Annual Report. 2017. [Online]. Available at: https://member.afraccess.com/media?id=CMN://3A481116filename=20171030/SEK_01914393.pdf [Accessed on: 7 April 2018]. Stickney, C., Weil, R. and Francis, J. 2009. Financial Accounting: An Introduction to Concepts, Methods and Uses. Cengage Learning. Wahlen, J. Baginski, S. and Bradshaw, M. 2017. Financial Reporting, Financial Statement Analysis and Valuation. Cengage Learning.

Ethical Approaches Of Human Resource Manager †MyAssignmenthelp.com

Questions: 1.What issues are of concern in this given scenario? 2.Steps to be taken for dealing with the issues Answers: 1. It is to be mentioned that in this given scenario the primary issue that has been recognized is whether to appoint Ichabod Jordan upon the advice of the George Halas, the vice president of Sales of ABC inc. It is to be stated that Ichabod Jordan works for the rival company of ABC inc, DEF inc and wants to work for ABC inc and wants to take over the sales of the U.S market. He has agreed to join for $200,000 a year. It is to be assessed as a HR manager, whether this would be beneficial to the company and whether it would be ethically correct to replace Katie Lambert as the head of the U.S sales of ABC inc. 2. It can be stated that the actions of HR must be in reliance with the highest ethical standards. It is to be stated that short terms goals of an organization can be achieved by cut throat tactics however, in the long run a business will survive if good standards of conduct are maintained (Armstrong, Taylor, 2014). In this scenario it can be stated that employing Ichabod as the head of U.S sales will be beneficial for the business however if Ichabod is placed as the head of the U.S sales, it might have a negative effect on Katie Lambert as she will be replaced from her position. However, it will reduce the responsibility of Katie and will increase the sales of the company. Therefore it can be stated that replacing Katie without any valid grounds would be unethical. Therefore if Ichabod is to be employed the terms of his employment must be renegotiated. Bibliography Armstrong, M., Taylor, S. (2014).Armstrong's handbook of human resource management practice. Kogan Page Publishers. Marchington, M., Wilkinson, A., Donnelly, R., Kynighou, A. (2016).Human resource management at work. Kogan Page Publishers.