Write Research Papers: No Longer a Mystery

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British Policy of Appeasement at the Beginning of World...

British Policy of Appeasement at the Beginning of World War Two The First World War was the beginning of a new era in fighting. Weapons and fighting technique had drastically changed, making war much more dangerous. With the predictions for the new weapons including poisonous gas and bigger bombs, Great Britain was very much afraid for its citizens, especially men and women of fighting age. The country wished to avoid war at any cost. The choices of Neville Chamberlain and The Parliament favoring appeasement affected the decisions of other European leaders, such as French Premier Daladier, Joseph Stalin, Benito Mussolini, and Winston Churchill, and those choices helped Britain enter the war. Many believe that with the Treaty of†¦show more content†¦Later that year, Italy and Germany both supported the revolutionaries of Spain. France had a policy of nonintervention and Britain had forbidden the sale of arms to either side. Even when the Spanish government fell, because of the inability to buy arms, Prime Minister Neville Chamberlain tried to recreate a friendship with Italy. Chamberlain was also interested in a general settlement that would include Germany. His beliefs were that Germany had been treated unfairly and self-determination should be allowed for countries wanting to reunite with Germany.3 Chamberlain was for appeasement at any cost. Avoiding war was most important to him. He wanted to make Germany happy and avoid war; unfortunately, he misjudged Hitler. He believed that Hitler only wanted to rebuild Germany and so because of his previous mentioned sympathies he believed he was working with Hitler to reconnect Germany. But instead he was working to create more tensions and anger through out Britain and Europe as is shown in the next paragraph. The next move by Germany was in September of 1938, when Hitler demanded that the Sudetenland be returned to Germany based on self-determination. The Sudetenland had been annexed to Czechoslovakia by at the Paris Peace Conference when the country had beenShow MoreRelatedBritish Foreign Policy During The Period From 19191147 Words   |  5 PagesBritish Foreign Policy during Interwar Period (1919-1939) Political and economic stability was something that was fought hard for during the inter-war period from 1919 through 1939. World War I had a prolific and traumatic influence on how the British people as well as British statesmen influenced, created, and protected foreign policy. This wasn’t something that transformed overnight; rather it took the entire hiatus spent in-between wars to get Britain back on a course with political developmentRead MoreWhy War Broke Out in Europe in 1939 Essay1667 Words   |  7 PagesWhy War Broke Out in Europe in 1939 When Hitler came to power in Germany in 1939, he was not at all secretive about his plans for Germany. He had four main aims, which were: - Abolish the Treaty of Versailles - Expand German territory - Defeat communism - The creation of One Reich He, like many others, believed the Treaty of Versailles was unjust and planned to abolish it. He called the German leaders who signed the Treaty the â€Å"November Criminals†Read MoreHow Responsible Was Hitler for the Outbreak of Ww21219 Words   |  5 Pagesoutbreak of World War 2(1939) to a significant extent. The many things that he did like going against the Treaty of Versailles which included the rearmament of Germany, his Lebensraum policy where he wanted to take over neighboring lands and gain more territory for Germany and his disrespect to the treaties he made. While Hitler was a great cause for World War 2, he was not the sole reason. The Great Depression, the weak leaders of the League of Nations and their appeasement policies, the harshnessRead MoreGermany s Foreign Policy During World War II1981 Words   |  8 Pagesaggressive foreign policy largely contributed to the outbreak of World War II. Revisionist and orthodox views regarding Hitler’s foreign policies can both be argued. The orthodox view suggests Hitler’s actions were the main contributors to the outbreak of war, wher eas the revisionist view counterclaims the policy of appeasement, and foreign policies of Japan and Italy were primary contributors. Adolf Hitler, Chancellor of Germany from 1933 to 1945, assumed responsibility for German foreign policy in JanuaryRead MoreThe Treaty of Versailles Essay1998 Words   |  8 Pages Following the end of the First World War in 1919, it was decided that, prevention of another war was an important factor in Europe. The treaty of Versailles was signed between Britain, France and USA. Lloyd-George, Clemencau and Wilson all devised a treaty that could cripple Germany, leading to their aim - prevention of further conflict and a war. The treaty was to be divided; territorially, military, financially and Read MoreThe War Of The World War II1347 Words   |  6 Pagesbeen deterred from launching the Second World War? Only two decades after the Great War, the greats of the globe were launched once more into a world war. As Germany’s primary opponent, France and Great Britain felt the brunt of casualties of the deadliest war the world had seen by far. They were weakened economically, politically and militarily and unable to stop the nihilistic, yet charismatic, leader of Nazi Germany. With the end of the First World War, German people expected the armistice toRead More Appeasement Policy and the Munich Agreement Essay5805 Words   |  24 PagesThroughout history, negotiation has been a powerful tool used by world leaders to avoid violence and solve conflict. When negotiation succeeds all parties can feel that that have achieved their goals and met their expectations, but when negotiations go awry countries and relationships can be damaged beyond repair. The Munich Agreement of 1938 is a primary example of this type of failure, which was one of the catalysts to the start World War II and Czechoslovakia’s loss of independence. The Czech peopleRead MoreThe War Of The World War II1986 Words   |  8 Pages Introduction The First World War left massive destructions in the world since many people lost their lives and even property. These massive destructions were as partly as a result of the introduction of new war weapons, for example, machine guns and gas warfare. This war was majorly between Germany and the Allied power but Germany was blamed for the destructions that came about because they are said to have initiated the war (Kissinger, 2014). These destructions made people have a lot of fear towardsRead MoreThe Cause Of World War II1259 Words   |  6 PagesThere is a fact that the causes of World War II are from the end of World War I, which a consequences of ending the frist World War affect to cause World War II. For ending of World War I, The final Allied push towards the German border began on October 17, 1918. As the British, French and American armies advanced, the alliance between the Central Powers began to collapse. Turkey signed an armistice at the end of October, Austria-Hungary followed on November 3.Germany began to crumble from withinRead MoreSteps Leading to the Second World War Essay1266 Words   |  6 PagesSteps Leading to the Second World War The Treaty of Versailles, signed between the big three, on June 28th, 1919 solved nothing and it made the first step in leading to the Second World War. It either wasn’t harsh enough to cripple German and preventing it from standing up to its feet ever again; or it was too harsh that had outraged the German people. It had striped German of its land, army, power and dignity. It is unfair that many Germans were forced to live in new

Discussion on Vocation Limited

Questrion: How did the intangibles get on the balance sheet in the first place? Simply from an accounting perspective, the asset is a debit, then what was the credit? Was it an income item? Were intangibles used to inflate income and under what accounting treatment was this allowed? Answer: Introduction: The Vocation Limited along with its group was one of the largest vocational training providers in Australia. This group was publicly listed in Australian Stock Exchange and had 22 corporate entities. The group conducted the operation of providing vocational training through online and face-to-face courses. One of the reasons for liquidation is the poor operational procedure of the company. This procedural problem has forced various government clients to review the effectiveness and appropriateness of the courses provided to the student. The another reason that led the company to liquidation is that due to the adverse effect of the review the funding that was received by the government clients are repaid. Discussion: The primary problem comes from the different sets of decision-making issues and operational issues that has resulted towards misrepresentation of financial statements, non-adherence to different sorts transparency and good governance practices. The company was engaged in providing numerous sets of educational services and thereby was dependent upon the feedbacks and reviews gather from both individuals and government clients. The number of students seeking educational courses at its Avana, TDA and other colleges, under the purview of the group, has been left with no other options apart from dropping a year or seeking education elsewhere (Preiss, 2015). The subsequent evaluation of the different sets of courses has resulted towards aggravating the prospects of the company as large form of operational and financial performance issues were cropping up. The problem ensued when the Bawn and Aspin colleges received less than favorable reviews resulting in loss of grants and contracts from Victorian Government. There high quantum of degradation faced by the company in terms of depleting levels of reputation has resulted in long terms repercussions upon the companys financial stability. The anticipated announcement to be made by Victorian Department of Education has resulted in the company seeking lifting of voluntary suspension of trading in the ASX during October 2014. This was followed by earning update coupled with change in management structure with departure of CEO and MD Mark Hutchison 28.01.2015 Vocation on block as CEO resigns. (2015). The reviewing of strategic positioning of the company followed by effort made on the part of the company to disclose financial information has failed during the latter part of 2015. Therefore, the request made on behalf of the management regarding resuming of trading activities failed resulting in an extension on the suspension. As of 30.11.15, the company was on the verge of dissolution resulting from the high magnitudes of customer contact terminations (delisted.com.au 2016). The recent sets of nonpayment of listing fees for the ASX resulted towards extended suspension of trading stocks (The rise and fall of Vocation. 2014) . Three primary issues in the current case arise from the degree of mismanagement in terms of company operations showcased by the company performance. The inconsistency in terms of asset management and managing of operations resulted in insolvency on the part of organization. The degree of irrationality on the part of the company towards non-disclosure of financial information in turn has extended suspension of trading of Vocation Limiteds stocks. The suspension of securities of Vocation Limited from trading in the ASX coupled with the lack of support from different sets of shareholders tends to display the magnitude of financial management issues. The companies under the group tend to represent dormant class of assets thereby resulting in deficiency towards repayment prospects. The subsequent failure on the part of the group in several class action lawsuits along with the premises of unethical corporate behavior and mismanagement of stakeholders interests has had a cascading affect on different degrees of financial metrics (16-334MR ASIC commences civil penalty proceedings against Vocation Limited (in liquidation) | ASIC - Australian Securities and Investments Commission. 2016).. The fluctuations and subsequent drop of the different stock prices has ended in several lawsuits that were conducted upon the company by its different stakeholders that complained regarding the policies implemented by the government. The materiality principles state the fact that adequate disclosure of company policies can in turn be beneficial for undertaking relevant financial and investment decisions. By depriving the material knowledge regarding Vocations stakeholders, the company has aggravated its financial performance. Thereby, the class actions cases have resulted in the stakeholder getting the required degree of compensation to the aggrieved stakeholders. On analysis of the financial statement, it can be seen that the company acquired several business in 2014 and has made significant growth in the revenue. The primary expense of the group is relating to the delivery of the course, contract costs and employee cost. These expenses increased in the year 2014 due to the expansion activity of the company. In 2015 due to operational inefficiencies, there was a significant reduction in the revenue of the company. In 2015, a review was ordered by the DDECD on the three courses offered by the company and its group in order to ensure compliance. It is concluded from the review that some students were enrolled in wrong courses. It was further highlighted in the review procedure that few of the quality procedure of the group were inadequate and hence the company faced reputational damage that adversely affected the profit and finance of the company. The direct impact of the adverse review was that approximately $20 million of the government fundi ng was withdrawn from the company and as result, the operation of the Aspin and BAWM was ceased (How the threat of class actions resulted in financial ruining of Vocation. 2015). There was further review that was conducted by the government that further highlighted the operational weakness of the company as a result $27 million government funding was withdrawn. The company suffered from the loss of several institutional customers and this mainly due to the negative reviews of the public surrounding the organization. The review about the organization was regarding the enrollment of the students in such courses, which were inappropriate. The quality procedures of the group were also inappropriate. The funding by the government in reviewing the groups were withdrawn as it was resulting in expenses and this resulting in the ceasing of the operation of Aspin and BAMW (How John Dawkins' Vocation went wrong. 2016). The organization suffered several reputational damage due to the review conducted upon it. This caused a decline in the referral of the Vocation group by the third party. The company witnessed a great decline in the revenue due to the negative reviews getting prevalent. And this was compounded by the disposal of its various groups. In the financial year 2015, the group revenue suffered a great decline and this was accompanied by the los s resulting from the disposal of the assets. Mainly the factor that relates to the customers contracts has been at the forefront in terms of unsatisfactory level of financial performance (Ferrierhodgson.com. 2016). Goodwill and relationships were mainly attributable to its decline. The provisions of revenue also increased due to the increment in the legal and the consulting fees. This resulted in the termination of the customer contracts and resulted in the unavailability of the funds for operations and the key stakeholders support was lacking due to which the operation of the company under this group was ceased. Therefore, it is sought that appointing the voluntary administrator would be the better option so that the interest of the creditors, shareholders, staffs and the students of the organization is protected. The organization should also consider the strategic reviews so that all the available options are considered. There were several issues regarding the disclosure of the obligations by the company, which resulted in the commencement of the action lawsuits of the several classes. Some of the information that was disclosed to the creditors was considered inappropriate. The indispensable information relating to the disclosure needs to be provide to the creditors The proceeds realized from the sale of the intellectual property would be made available to the creditors if the proceeds from the non circulating assets would have less priority over the secured creditors of the first ranking until the time the debt is repaid fully. Other includes the details that are generated from the proceeding of the litigation and the potential recoveries. The various details that the ongoing concern receives from the sale proceedings should also need to be disclosed. The company made not all the necessary disclosures to its stakeholders. In order to overcome these operational inefficiencies identified in the review the solution that can be suggested is to provide appropriate work force for various operation that is needed to be performed. Further, there should be proper checks and balances so that no process of the company is unchecked. The company should also conduct operational audit in order to identify weakness and gaps that exist in the operation. The suggested solution will help the management of the company to identify the problems that exist in the operations. This will help the management to plan appropriately so that the weakness could be overcome. The suggested solution will not only help to improve the operational capacity of the company but it will also affect the financial condition of the company. The financial condition is improved as the operational errors are removed and the reputation of the company is improved. The only weakness of this suggestion is the cost involved in the implementation of the operational audit. On analyzing the condition, it can be said that the benefit of the operational audit much surpasses the cost so in order to avoid the liquidation the operation should be implemented. The limitation of examining the operation of the company is that it is a long and time-consuming process. In order to avoid liquidation, the solution cannot give immediate result and thereby is not of any pertinence in case of improving the current sets of liquidation measures. The obligation to make the disclosure is included in the guide of reporting principles of the company and the practice of corporate governance need to be disclosed. This is regarded as the central to the governance approach of ASX and the company needs to provide a well-reasoned explanation as per the council of ASX corporate governance. The if not, why not approach concerning the adherence towards the ASX guidelines tends to foster good corporate governance practices amongst the different companies that are listed on the ASX (asx.com.au 2016). Conclusion: The above report focused towards evaluating the reasons behind the financial performance of Vocational Limited and evaluated the different factors that arise out of the dissolution. The report has been prepared in conjunction with different news reported over the past two years regarding the operations that has arisen from managerial and financial circumstances. References and Bibliography: How the threat of class actions helped kill Vocation. (2015).Financial Review. Retrieved 5 October 2016, from https://www.afr.com/business/how-the-threat-of-class-actions-helped-kill-a-company-20151203-glec6g delisted.com.au (2016). Retrieved 5 October 2016, from https://www.delisted.com.au/company/vocation-limited asx.com.au (2016). Retrieved 5 October 2016, from https://www.asx.com.au/documents/asx-compliance/cgc-principles-and-recommendations-3rd-edn.pdf Preiss, S. (2015). Up to 12,000 students in limbo after Vocation collapse. The Sydney Morning Herald. Retrieved 5 October 2016, from https://www.smh.com.au/business/banking-and-finance/up-to-12000-students-in-limbo-after-vocation-collapse-20151126-gl8xfw.html 16-334MR ASIC commences civil penalty proceedings against Vocation Limited (in liquidation) | ASIC - Australian Securities and Investments Commission. (2016). Asic.gov.au. Retrieved 5 October 2016, from https://asic.gov.au/about-asic/media-centre/find-a-media-release/2016-releases/16-334mr-asic-commences-civil-penalty-proceedings-against-vocation-limited-in-liquidation/ Vocation on block as CEO resigns. (2015). Theaustralian.com.au. Retrieved 5 October 2016, from https://www.theaustralian.com.au/business/news/vocation-limited-on-block-as-ceo-resigns/news-story/476f37171d68701a687a1b24c3373ce5 The rise and fall of Vocation. (2014). Financial Review. Retrieved 5 October 2016, from https://www.afr.com/news/policy/education/the-rise-and-fall-of-vocation-20141031-11fmvu

Natural Law theory Essay Example

Natural Law theory Paper Natural Law is becoming more irrelevant due to our secular culture. Natural Law depends on the belief that the world was designed by a creator, and that morality is absolute according to his standards. Aquinas assumes that all men must seek to worship God. What about an atheist? According to Thompson, if someone does not believe in God, then â€Å"the natural law theory loses its foundation. † Furthermore, in today’s society natural law has largely been replaced by utilitarianism, the belief that our moral choices are less absolute and should be based on creating the greatest amount of happiness for the greatest amount of people. It has even been referred to as, â€Å"the ethics of the planet. † It is far less restrictive and many argue it is a superior philosophy to natural law. According to Peter Mullen, Working with Morality, it may be necessary, for example, to torture an innocent person to save the lives of thousands. Peter Singer once wrote a piece condemning natural law in a magazine called Project Syndicate. He prefers practical ethics to theoretical ethics. He cites the case of a South American woman called Beatriz who was pregnant and suffers from lupus, this made the pregnancy difficult. Furthermore, the child had anencephaly. Singer was enraged that the natural law philosophy of Catholic El Salvador prevented her from getting an abortion. He wrote with regard to natural law, â€Å"The use of the term â€Å"being with a rational nature† is very broad, perhaps too broad. † Even the Pope has recently condoned the breaking of natural law in extreme circumstances. Pope Francis has indicated that women exposed to the Zika virus may be permitted to use contraception to avoid pregnancy, in a departure from Catholic teaching. We will write a custom essay sample on Natural Law theory specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Natural Law theory specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Natural Law theory specifically for you FOR ONLY $16.38 $13.9/page Hire Writer His comments came as women in South America frantically try to terminate pregnancies for fear of giving birth to babies with microcephaly, which gives them unusually small heads. He said that unlike abortion, â€Å"avoiding pregnancy is not an absolute evil† and in certain circumstances it may be â€Å"the lesser evil†. This proves that natural law is becoming irrelevant even for the Catholic Church. Among more orthodox thinkers, objection to the natural law takes several forms. Many, Protestant evangelicals in particular, presume that natural-law thinking fails to take seriously the condition of human sin and places misguided trust in the powers of human reason debilitated by the Fall. Consequently, natural-law theory is thought to be insufficiently Christocentric and located outside the realm of grace, thereby engendering a version of works-righteousness. These critics remain sceptical out of a concern that natural law is autonomous and somehow external to the centre of theological ethics and God’s providential care of the world. On the other hand, many would argue that natural law is not irrelevant because it is instinctual within all humans. Some believe that God has implanted the natural law as a form of moral instinct. For example, the writer Johannes Teutonicus said that the natural law of men is based on an, â€Å"instinct proceeding from reason. † Therefore even if one is an atheist you cannot escape the urge to follow natural law based on your conscience. Finally, Natural Law continues to be central to Catholic teaching. Early teachers such as Aquinas supported it and so do modern day clergy. The RCC believes that everyone is subject to it from birth (natio), because it contains only those duties which are derivable from human nature itself, and because, absolutely speaking, its essentials can be grasped by the unaided light of human reason. Just recently in March 2015 Archbishop Salvatore Cordileone of San Francisco has invoked the natural law in stressing the moral unacceptability of gay sex and gay marriage.