... Are the following assets? If so, whose assets, and why?
(a) Members of the Australian hockey team
(b) A 9-month lease agreement to rent a business office
(c) Expenditure on research and development
(d) An unsigned, documented contractual agreement to build specialised equipment for a client
(e) A building bequeathed to a firm
(f) A 5-year option to acquire property, where the option was purchased by the company a year ago
(a) Human resources arguably meet the definition of assets of the Australian government, or the Australian Institute of Sport (depending upon whether it is accepted that they can be controlled to act in the interests of the reporting entity). However, even if they are regarded as meeting the definition, because of the difficulty of placing a value on them they are not recognised. (A question to debate in class is: If the team is on a losing streak, are the players still assets? As long as they generate future economic benefits, they remain assets whose measurement and probability may not warrant capitalisation as assets.)
(b) Operating lease. For the lessee (tenant), the future benefits that he or she has control over are the benefits under a contract specifying the rights to benefits, e.g. the right to use a motor vehicle for a month. According to AASB 117, there is no intent by the lessor to transfer substantially all ownership benefits and risks to the lessee. Nonetheless, once a contract is in place there is a right to control the inflow...
Focus on sustainability has appeared on the face of the earth over the last ten years and a lot of books and articles are published on the topic of sustainability. Early on, John Elkington developed and promoted the concept of “Triple Bottom Line” in his book Cannibals with Forks: The Triple Bottom Line of 21st Century Business which was published in late 1999 (Creating a Sustainable Organization: Approaches for Enhancing Corporate value through Sustainability By Peter A. Soyka, Pg. 1) The concept of sustainability is transformed to cover three basic components known as the Triple Bottom Line which are complexly linked to one another: profits-it is the economical part that balances financial growth with awareness and concern for the social good and environmental stewardship; planet-it is the environmental part that safeguards and preserves the natural qualities of our ecosystem for the benefit and health of future generations; people-it is the social equity part that safeguards the benefits of opportunity and equality for every individual. The growing importance of sustainable development establishes a significant and developing challenge for environmental economics and natural resources. This challenge is such big that if it is not measured and controlled then it will ruin the life of the future generations that’s the reason why every field now a days strive to work hard to have Sustainable Value Creation (SVC). The question arises what is...
...PsychometricsPsychometrics is the measurement of what we talk and think about or how to assign numbers to observations. Psychometrics measures mental capacities and judgements what we think about. It can also be used to measure of intelligence or mental capacity. Psychometric tests have often been used by employers to measure a person’s suitability to a particular job role. A psychometric test is composed of questionnaires, personality tests and aptitude tests; this information is then transferred to statistical research. Correlation is a large component in the statistical area of psychometrics; it is a mathematical topic that examines mainly the magnitude and direction of relationships (Pagano, 2004). There are multiple correlations and multiple regressions within psychometrictesting. Scatter plots are often used in Correlation to show this data, a scatter plot is a graph containing and comparing two values (or X and Y values)(Pagano, 2004). There is several correlation formulas used in psychometrics, such as the Pearson r formula.
This formula is used to measure the degree at which paired scores take up the same or completely opposite locations inside their own distributions (Pagano, 2004). Another example of a psychometric formula is the Rasch model which be explained fully later in the essay....
...Associate Level Material
Fill out one form for each source.
Source 1 Title and Citation:
The Qur'an Does Not Condone Or Encourage Terrorism Islamic Militancy, 2009
Identify the principal issue presented by the source.
The principal issue presented is that, contrary to popular belief, the Qur’an and the word “jihad” have been used to mislead people that Islam is a violent religion.
Identify any examples of bias presented by the author. If none exist, explain how you determined this.
In my opinion, this whole article shows signs of bias by the author. The whole article shows favoritism towards the concept of peaceful Islam, it never speculates to the other possibilities that Islam may possibly be a violent religion.
Identify any areas that are vague or ambiguous. Explain your reasoning.
I don’t believe that any areas of this article are vague or ambiguous; the author does a great job at using information from the Qur’an to back his statements. He also ensures that he provides page numbers so the information may be found.
Do you find the source credible? Explain your reasoning.
I believe that the source is credible because it provides all the citations and information needed for the reader to verify the information provided. This characteristic shows integrity, which makes the source trustworthy thus seeming credible.
Identify and name any rhetorical devices used by the author. Explain your...
...Companies’ Use of Psychometric Tests for Recruitment: A Review of the Literature
Word count: 2995
This paper surveys the literature on the use of psychometrictesting by employers as part of the recruitment process and considers the general usage by different types of businesses. Companies spend high amount of money each year on psychometric test which measures personality type, learning styles and personal preferences of individuals. Since the 1980’s business in the UK have been making the use of psychometric test as part of the selection process for job vacancies. Over the years the usage has increased to a level where 80% of the Fortune 500 companies in the USA and by over 75% of the Times Top 100 companies in the UK are using some kind of psychometrictesting (PSYCHOMETRIC-SUCCESS, 2009). However the benefits and drawbacks of using psychometrictesting vary from business to business and sometimes even according to the demographics of the location where the test are conducted.
Types of psychometrictesting
A good psychometric test features reliability, validity, discriminating and NORMs. (Kline, 1992). The significance of PsychometricTesting is able to indicate a reason why Psychometric...
...PSYCHOMETRICTESTING IN RECRUTING
Psychometrictesting turns out to be a handy tool for recruiting potential employees. From the manufacturing sector to BPO, from FMCG to Banking, there is hardly any domain that does not require organizations to assess its employeesâ€™ personality.
Recruit the right people for the right jobs is an elusive art. The high rates of attrition and lack of candidates possessing the appropriate qualities bear testimony to the fact that organizations have not been getting their recruitment process right. When faced with such dilemma, However, though psychometrictesting is not exactly new, organizations still havenâ€™t been able to make most of it. Some HR units are not even aware of the concept and are completely oblivious to its benefits. The lack of inclination towards psychometrictesting can also be attributed to the fact that it is slightly lengthy process to start with. Therefore, rather than trying to find out what lies beneath, organizations tend to carry on with traditional modes of selection, that merely test the candidateâ€™s subject knowledge, or perhaps they are skeptical of treading unknown territory.
What are psychometric tests?
Psychometrics is a part of psychology concerned with determining a personâ€™s aptitude towards different kinds of jobs. Psychometric tests are...
25 February 2015
CriticalAnalysis of “Is Google Making Us Stupid” and “African National Identities Can’t Be Built on Soccer Fever”
Deceit, duplicity, dishonesty, chicanery; all are used to describe things that are not always as they seem. But yet with such an apparent grasp of this concept, why is it so difficult to see when you’re being deceived? In Nicholas Carr’s essay “Is Google Making Us Stupid?” and Jonathan Zimmerman’s “African National Identities Can’t Be Built on Soccer Fever” they both set out to prove this concept through the use of historical references and through the development of a counter argument. Ultimately they prove that even the most innocent of ideas are not always as simple as they appear and that they may yield unexpected negative consequences.
While both essays fundamentally have very similar arguments, they are about wildly different subjects, and present different negative consequences. In Carr’s “Is Google Making Us Stupid?” he argues that, “as we come to rely on computers to mediate our understanding of the world, it is our own intelligence that flattens into artificial intelligence.” We essentially have the collective knowledge of the world in our pocket, and as a result we no longer possess knowledge of our own. Instead of being able to look at the clouds and trees and be able to tell if it will rain or not, we just wait for our smart phones to tell us. What used to be...
...Introductions: Understanding the Social World
Criticalanalysis of a published article (1200 words)
A new deal for Lone Parents? Training lone parents for work in West London
The article, written by the Royal Geographical Society (With the institute of British Geographers, 2008) discusses about the impacts of the new training programmes in which the government have decided to offer to lone parents with young children. Some may have argued that this has been beneficial for both lone parents and children to encourage lone parents (particularly mothers) to take up employment opportunities in order to support their children, such as childcare employment, instead of receiving benefits. ‘‘We are affirming our commitment to helping the country’s lone parents into work. We know that work is the best route out of poverty’’ (Hain 2007.) 1I will attempt to identify the strengths and weaknesses, find some information to investigate into this topic more deeply, and find the purposes of the article.
Some feminists and various focus groups have argued that this isn’t the right route for lone parents as it provides months of voluntary work before entering paid employment, which leaves them being entitled to spend more time with other children instead their own. This article also suggests that the new government scheme could cause some form of social exclusion to lone parents and decrease their position in the society seeing...