Hannah Arendt And Hannah Arendts View Of Human Happiness

Throughout life, the majority of people set some sort of goals for themselves. For some, these include things such as getting an education, a well-paying job and eventually starting a family. For others, these goals might include traveling the world and experiencing as many unique opportunities as they can. Although goals may vary from person to person, most people hope that by reaching their goals, they will obtain happiness and ultimately live a happy life. However, what constitutes as happiness will vary depending on who you ask. Likewise, depending on the person, their belief about how to attain happiness will also vary. This discrepancy about the meaning of happiness and the method of attaining happiness isn’t just present among†¦show more content†¦Similarly, if our limbs move away from something, then that something in an aversion and is therefore bad or evil. Using the same scenario, if the same person saw the same doughnuts and moved their limbs away from the doughnut, then the doughnuts were an aversion of that person and can therefore be considered bad. This very simplistic approach to explaining a psychological process falls under the category of psychological reductionism—a process of reducing psychological characteristics down to the basics. With that being said, Hobbes suggests that human happiness is simply a matter of satisfying one’s appetites. If someone can satisfy their appetite by easily obtaining the things that they desire, then they will be happy. Additionally, happiness can be attained by being able to easily avoid your aversions. This means that a person’s happiness is directly correlated with how easily they can obtain the things that they desire and how easily they can avoid their aversions. Hobbes argues that any other theory regarding human nature and human happiness can ultimately be traced back to his theory, that humans moving towards their desires and away from their aversions. Still, other philosophers have differing views about human nature and human happiness. Arendt’s view, for example, fiercely opposes Hobbes’ view. To begin, Arendt lays downShow MoreRelatedHannah Arendts The Human Condition2089 Words   |  9 PagesThe Human Condition Hannah Arendt’s book, The Human Condition, examines the â€Å"vita activa† and it’s relation to three fundamental human activities: labor, work and action. Arendt holds that these three activities â€Å"correspond to one of the basic conditions under which life on earth has been given to man† and make up politics (7). Throughout the book Arendt ultimately makes the point that our main political job is to discover other people’s opinions about political life and to then go forward and examineRead MoreAn Exposition of Kants, Arendts, and Mills Moral Philosophy2785 Words   |  12 PagesExposition of Kant’s, Arendt’s, and Mill’s Moral Philosophy Immanuel Kant adheres to Deontological ethics. His theory offers a view of morality based on the principle of good will and duty. According to him, people can perform good actions solely by good intentions without any considerations to consequences. In addition, one must follow the laws and the categorical imperative in order to act in accordance with and from duty. Several other philosophers such as Hannah Arendt discuss Kant’s moral philosophyRead MoreAn Exposition of Kant‚Äà ´s, Arendt‚Äà ´s, and Mill‚Äà ´s Moral Philosophy2808 Words   |  12 PagesExposition of Kant’s, Arendt’s, and Mill’s Moral Philosophy   Immanuel Kant adheres to Deontological ethics. His theory offers a view of morality based on the principle of good will and duty. According to him, people can perform good actions solely by good intentions without any considerations to consequences. In addition, one must follow the laws and the categorical imperative in order to act in accordance with and from duty. Several other philosophers such as Hannah Arendt discuss Kant’s moral philosophyRead MoreDurkheim’s Theory of Anomie and Marx’s Theory of Alienation Essay2757 Words   |  12 Pagessuch as trade unions, nihilism and religion also warrant exploration. Both of these theories are put forward by the authors as the central problem of modernity which arose from the move to a capitalist state in Marx’s view and the move to an industrial state in Durkheim’s view. It is worth noting that these notions are fundamentally opposed when trying to address the same issue, which brings up the central argument of this paper – Which account of modern society, anomie or alienation, is the most

Aristotle and Plato Essay - 998 Words

Political society today, has taken many lessons from Plato and Aristotle’s political ideas. As was the case in Ancient Greece, there are many different political ideologies and regimes that will may serve the purpose for one society, but in another, could cause utter chaos. Aristotle attributed the need for there being a number of political regimes due to the fact that there are â€Å"many parts to a city.† (4.3.1) The many parts to a city that he was referring to, simply enforces the necessity of having different forms of office for each of these parts. Not every method will work for each society. Aristotle’s concepts of political regimes have deeply rooted itself in society today. In order to understand the concepts of regime as†¦show more content†¦The royalty regime, or otherwise referred to as the Kingship, was one leader, ruling on behalf of the rest of his people or tribe, in order to provide the best and most fair society for their supporte rs. Another example of a functioning royalty regime, is that of a household. The stereotypical concept of the man being the breadwinner of the family, ruling and having the best interests for his â€Å"subjects†: his children, his spouse, and their property. The man is the one supporting the family, looking out for their best interests, and mainly for the common good of his household. ________ [Possible expand] In a similar fashion as a royal regime, an aristocracy tries to represent the best according to virtue and virtue alone (Stanford). An aristocracy does not rely as much on one man as its royal counterpart would. The foundation of aristocracy is to rule by virtue, while considering the wealth of the society and most importantly, the people. As the aristocracy relies heavily upon virtue, it is said that the ideal leader for this regime would be a philosopher king, but because there is not one philosopher who is willing to rule the city (Stanford), there will be instead a handful of virtuous men who are willing to rule collectively. These leaders ensure that the aristocratic regime. The last of the three major regimes according to Aristotle was constitutional government, or polity. The foundations of constitutional government are that it is considered to be aShow MoreRelatedPlato And Aristotle Disagree About Virtue. Plato And Aristotle1403 Words   |   6 PagesPlato and Aristotle Disagree about Virtue Plato and Aristotle are great philosophers and they have talked a lot about virtue. Although these two people started from similar settings, their ideas about virtue were actually different. Plato’s philosophy was more about non-material things, like ideas and love. On the other hand, Aristotle liked things that are more measurable and physicals. In this paper, I will first discuss Plato’s ideas about the nature of virtue, which people have virtue when theyRead MorePlato and Aristotle: An Analysis1175 Words   |  5 Pagesof Plato and Aristotle regarding the best political association. Quotes from Politics and the Republic are used to support the author’s thesis. Plato and Aristotle: An Analysis Determining the best form of political association was important to the ancient Greek philosophers Plato and Aristotle, and each of them expressed his opinion in important works such as the Republic and Politics. In explaining, comparing, and contrasting the political philosophies of Plato and Aristotle, itRead MoreSimilarities Of Plato And Aristotle1617 Words   |  7 PagesPlato and Aristotle made and still have make a huge impact upon mankind, which makes people question their original values.Although Aristotle and Plato had many distinctions both of them impact many different arguments referring to the important components of life.. The two philosophers were crucial to the development of rethoric and made a big impact on society.. Although most of the attitudes towards them where indisputable, many citizens did not agree with them changing people’s perceptions, fearingRead MoreSocrates, Plato, and Aristotle884 Words   |  4 PagesMike W. Civ. 1: Sec, 121-10 Dr. Maria Farina Socrates, Plato, and Aristotle, three men considered to be the quintessential basis of ancient Greek philosophy. Not only were they responsible for Greek enlightenment, but also foreshadowed the coming of Christ in there speculations. Plato, the protà ©gà © of Socrates, became the first to document the philosophy of his teacher, which in turn is passed down to Aristotle. This process of mentoring aided ancient man in the intellectual evolution ofRead MoreThe Ethics Of Plato And Aristotle977 Words   |  4 Pages In this essay, I will be examining the ethics of Plato and Aristotle. I will explain the five fundamental concepts of Plato and Aristotle. I will focus on their theories on the good life as a life of justice, censorship, knowledge and the good life. I will first explain Plato’s ethics. Plato was a philosopher, both a rationalist and absolutist. According to Plato, people must be schooled to obtain certain kinds of knowledge for example mathematics, philosophy etc. The training will give themRead More Plato and Aristotle Essay1271 Words   |  6 PagesPlato and Aristotle Plato and Aristotle have two distinct views on wellness. However, each man’s opinion on wellness is directly tied in to his respective opinions on the idea of imitation as a form of knowledge. Their appreciation or lack thereof for tragedy is in fact directly correlated to their own perspective on wellness and emotion. Firstly, it is important to consider each man’s view of wellness—that is how does each man go about addressing emotional stability. One important considerationRead MoreSocrates, Plato, And Aristotle900 Words   |  4 PagesBecause the subject is so controversial, the term cannot exactly be defined. There are many philosophers that have many different views and opinions on philosophy. In this essay, I will be talking about the three great philosophers: Socrates, Plato, and Aristotle and how they help to define what exactly philosophy is. These three Greek philosophers represent the birthplace of Western philosophy and help to shed some light on th e actual meaning of the term. Socrates is from about 400 B.C. His final destinationRead MoreMimesis: Plato and Aristotle1536 Words   |  7 PagesMimesis: Plato and Aristotle 1,515 Words Philosophy 2348: Aesthetics\ The term ‘mimesis’ is loosely defined as ‘imitation’, and although an extensive paper could be written about the cogency of such a narrow definition, I will instead focus on Plato and Aristotle’s contrasting judgements of mimesis (imitation). I will spend one section discussing Plato’s ideas on mimesis and how they relate to his philosophy of reality and the forms. I will then spend a section examining Aristotle’s differingRead MorePlato vs. Aristotle2421 Words   |  10 PagesBy Gerard Chretien Plato vs. Aristotle Numerous experts in modern time regard Plato as the first genuine political philosopher and Aristotle as the first political scientist. They were both great thinkers in regards to, in part with Socrates, being the foundation of the great western philosophers. Plato and Aristotle each had ideas in how to proceed with improving the society in which they were part of during their existence. It is necessary therefore to analyze their different theoreticalRead MorePlato And Aristotle : Knowledge874 Words   |  4 PagesAnuradha Singh Metaphysics Fall 2014 Plato and Aristotle: Knowledge Plato and Aristotle meet at the student union for a drink. As the teacher, Plato is ready to have a discussion with his pupil. Plato: As we sit here today Aristotle, I believe this is the time to have a wonderful discussion! Aristotle: Yes, and what is the topic? Plato: Knowledge, Aristotle, knowledge. What is knowledge to you? Aristotle: Hmm. Knowledge is based scientifically. â€Å"We think we know without qualification†¦ when we think

Lord of the Flies William Golding and Jean Jacques Rousseau

William Golding and Jean Jacques Rousseau had very different points of view on society. Golding thought what all humans are born evil and that is what makes society horrible. Rousseau things the complete difference he thinks that all humans are born pure, nice, and innocent and that society is what corrupts humans. I agree with Rousseau because I don’t believe that all humans are born evil. This topic about these different views on society is what the book Lord of the Flies is about. The book written by Golding shows a bit of Rousseau’s view and a lot of his view on society. Jean Jacques Rousseau was a French philosopher in 1712-1778. He believed that all humans are born innocent and what corrupt them and makes evil is society. He believes that if there was no society it would not make human beings feel so judged, shy or depended on others. Without society people would feel more equal they would not want to compare themselves Humans would feel freer. Rousseau thought th at society weakens humans that if someone were to grow up in a natural place and place far from society they would be stronger. Compared o the people that grow up in a society they weaken. William Golding had different thoughts; he believes that all humans are born evil and corrupt society. He believes that he evil man will all ways try to fight for power and by doing that in corrupts society. He thinks that because they have social natures and they use that to start fight or argument, and by arguingShow MoreRelatedDiffering Views from William Golding and Jean-Jacques Rousseau in Lord of the Flies536 Words   |  2 PagesWilliam Golding and Jean-Jacques Rousseau had different views on humanity/society. Although they didn’t live in the same time period, their views have been compared to one another. William Golding’s views on humanity which were reflected in the book, â€Å"Lord of the Flies†, stated that all humans are naturally selfish, rude and greedy. Rousseau believed that all humans are naturally good and it was society that corrupted them. I agree more with Rousseau’s argument about human beings being naturallyRead MoreDifferent Beliefs from William Golding and Jean-Jacques Rousseau in Lord of the Flies587 Words   |  2 PagesWilliam Golding and Jean-Jacques Rousseau both have very different beliefs about a ma n’s naturalistic ability towards others including the society. Rousseau’s view is that a male being is pure, but later ruined by society and its entire entity. Golding’s belief is that a male always has an evil source and/or opening within them and the problem continues to get worse as time evolves. Golding also believes that without a strict series of rules a male being is mentally and naturalistically unstableRead MoreDifferent Views from William Golding and Jean-Jacques Rousseau in Lord of the Flies806 Words   |  3 PagesWilliam Golding, author of The Lord of the Flies, and Jean-Jacques Rousseau had very different views on human nature and civilization’s effect of humanity. While Golding believed that humans were inherently evil and that society and its rules were what kept humans in line and good, as reflected in The Lord of the Flies, Rousseau believed the opposite. He believed that humans were inherently good and that it was society and civilizat ions that corrupted man. For the most part, I agree with Golding’sRead MoreLord of the Flies by William Golding and the Philosophy of Jean Jacques Rousseau547 Words   |  2 PagesRousseau and Golding, Two different men, from two different time periods, with two very different beliefs. Golding believed that everyone was born evil, and to keep people civilized, we need government and laws. Golding shows his beliefs through his book, The lord of the flies. Rousseau, on the other hand, believed that people were born good, and the only thing that corrupted children, was our societies social standards. Rousseau was a Swiss philosopher in the 18th century. He was also a writerRead MorePhilosophy of Rouseau and Lord of the Flies by William Golding666 Words   |  3 Pagesphilosopher Jean-Jacques Rousseau believed that people are inherently good. Without civilizations, humans are good beings with empathy, kindness, and well-developed morals. However, he believed that societies corrupt our morals and are what make the change in us to become â€Å"evil† or â€Å"bad†. The author of the novel Lord of the Flies, William Golding, however, believed that in a primitive environment, humans are evil. Without a society watching over us, humans will become barbaric brutes. Jean-Jacques RousseauRead MoreLord Of The Flies Character Analysis Essay1414 Words   |  6 Pages Analysis of Societal Constructs Displayed in LORD â€Å"We hold these truths to be sacred and undeniable; that all men are created equal and independent, that from that equal creation they derive rights inherent and inalienable, among which are the preservation of life, and liberty, and the pursuit of happiness†. This famous phrase that derives from the Declaration of Independence brought forth notion that of all of humanity is to be acknowledged as equal and are guaranteed rights of life which are toRead MoreHuman Nature and Philosophy in Lord of the Flies by William Golding583 Words   |  2 Pagestackle the same topic, human nature, and a great argument breaks out. Is man inherently evil, like William Golding believes? Or is man good at heart but inevitably becomes corrupted by the society he lives in, as said by Jean Jacques Rousseau? Both philosophers have very strong opinions and well reasoning for what they believe. Golding’s views are displayed well throughout his novel, Lord of the Flies; a tale about strong minded, young boys stranded on an island who must find a way to survive on theirRead MoreThe Nature of Man in The Lord of the Flies by William Golding577 Words   |  2 PagesAmidst bloodshed and suffering it is understandable that William Golding would have great difficulty viewing men as naturally good. He argues in his novel, â€Å"The Lord of the Flies† that men need rules and society to keep peace and that if they were to leave that they would fall into chaos, but his arguments are only proven through characters he has constructed. In this debate as old as time itself, there have been others who would disagree with Golding; others who have more faith in man’s nature and lessRead MoreLord of the Flies by William Golding589 Words   |  2 PagesWilliam Golding, the creator of the book Lord of the Flies describes evil as a trait we are born with and learn to control it, while another man by the name of Jean-Jacques Rousseau thought of the opposite whereas we are bo rn good, but the world and society around us change us to doing evil things, but what is considered evil? The one who decides what is evil and what is not is not just one man or women alone, it is decided as a community, and this description of evil seems to fit Rousseau’s beliefsRead MoreLord of the Flies by William Golding835 Words   |  3 PagesThe Lord of The Flies, an amazing and controversial book written by William Golding does have some interesting views on society. If you look on the surface you see some kids who are doing what kids do and that is to be crazy and have fun. However, if you look deeper youll find the roots of Goldings beliefs on society and humanity as a whole. Its more of a pessimistic view. Theres also the view of Jean Jacques Rousseau, the author of Dissertation on the Origin and Foundation of the Inequality

Review Of Chlamydophila Pneumoniae s Theory After...

Introduction Chlamydophila pneumoniae was first proposed to be associated with atherosclerosis in 1988 by Saikku et al [1]. Similar cardiovascular disease studies have also proposed Saikku’s theory after detecting the presence of C. pneumoniae in atherosclerotic lesions of coronary and carotid arteries, which were not identifiable in healthy arteries [1]. Chlamydophila pneumoniae, previously recognized as Chlamydia pneumoniae, is a rod-shaped, gram negative bacteria that is known to cause infections associated with respiratory and cardiovascular cells. There are two developmental cycles of C. pneumoniae; each with a distinct function and form. They are the elementary body (EB) and reticulate body (RB). The elementary body is the infectious form of C. pneumoniae., which is unable to replicate and capable of only brief extracellular survival [5]. In contrast, the reticulate body is intracellularly replicative and exist as in a non-infectious state [5]. The composition and growth process of C hlamydophila pneumoniae, by binary division, allows for the obligate intracellular parasite to be classified as a bacterium. Chlamydophila pneumoniae incubation period is approximately 7-21 days when inside a host and divides every 2-3 hours [4]. Atherosclerosis, the leading cause of morbidity and mortality worldwide, is an inflammatory disease characterized by lipid accumulation along the arterial walls. During an immune response, leukocytes and lymphocytes target invading microorganisms,

The Key to Successful Medical Related Argumentative Essay Topics

The Key to Successful Medical Related Argumentative Essay Topics An important point to keep in mind when writing a critical essay is that the artist should be given importance. You have lots of things to chat about in your essay! If you've got to write your whole essay in 1 day, do your very best to give yourself breaks so you don't burn out. When it has to do with writing an argumentative essay, the most essential point to do is to select a topic and an argument you can really get behind. Essentially, you will place your key arguments here you will build upon in the most important body of your essay. If you were assigned a job of writing a controversial medical essay on any certain topic and you don't know the best places to start, we are the ideal team for you. Among the methods to compose an essay is to get an intriguing or mysterious introduction. In terms of the organization of the last essay, it's wise to use a 5-paragraph structure. There isn't anything like the ideal essay and there's always room for improvement. Your readers want to find the entire picture, and that's what you should concentrate on. It is very important to get started with demonstrating the major idea of the entire piece so you and your readers are going to be on the very same page. On the flip side, old topics that have been read and written on by millions, won't ever catch any attention. Medical Related Argumentative Essay Topics Explained Writing an essay isn't a mean task. It c an be an easy task, but writing a good one is a completely different ball game. Essay writing is an arduous business whenever you're at college. It is never an easy job. The role of assigning an essay to middle school students is to make awareness and permit them to develop writing skills. Typically, the teachers or professors assign the topics by themselves. Students lead busy lives and frequently forget about a coming deadline. Obesity can change the academic functioning of your son or daughter. Topics related to health provide a wonderful selection of choice. Urgent and essential healthcare services are provided dependent on the needs as opposed to financial opportunities. Nurses need to be knowledgeable about their topic or they could wind up providing the incorrect therapy. The reader ought to be impressed by how you defend your ideas. Of course, when you were given a very clear job to write on a certain topic you won't need to wreck your brains looking for something exciting and crucial to dwell on. When you're picking your topic, bear in mind that it's much simpler to write about something which you presently have interest ineven in case you don't know a good deal about it. The issue is that everybody's interpretation of what makes a great society differs. Inspiration to make your own advertising or media argumentative essay topics isn't tough to discover. An argumentative essay requires you to choose a topic and have a position on it. Researching the topic will enable you to find out more about what fascinates you, and should you pick something you truly like, writing the essay will be more enjoyable. At times you might require some expert help with argumentative essay topics. Schools should encourage normal exercises and sports for kids. Additionally, a lot of the past topics appear to get recycled, so if we look at lots of the previous topics that have come up in the exam, we've got a fair possibility that we'll have thought about that specific topic. Many students know it is hard to effectively develop an argumentative topic. Who Else Wants to Learn About Medical Related Argumentative Essay Topics? There are many steps that you should take as a way to compose a fantastic essay. By way of example, in college, you might be requested to compose a paper from the opposing perspective. You might not be acquainted with the topics presented but all info you will need to fill out the endeavor is found in the passage. So ensure that you decide on a subject, which has values in it. Approaches to healthcare in america, UK, and Australia differ, and that means you may concentrate on discussing their advantages and disadvantages in the essays about healthcar e. Topics cover a variety of current events, together with history, ethics and sociology. A number of years of hard work and you're going to be a Doctor of Science. In a number of decades, you are going to be a Doctor of Science.

Applying Cost Volume Profit(CVP) Analysis in Company Pricing Decisions

Question: Outline the differences between financial reporting and managerial accounting information and explain the benefits and potential problems associated with costvolumeprofit (CVP) analysis. How might the technique that you have discussed assist your friend in the effective management of his business' resources? What advice would you give him? Answer: Introduction Cost Volume Profit Analysis is an analysis of change in the total revenue, total cost and operating profit with a change in the level of output, variable cost per unit or fixed cost or the selling price of a product or service. The CVP analysis helps in decision making and formulating strategies for effective business operations and also helps in pricing decisions. Features of CVP Contribution Margin Fundamental to CVP analysis is the profit equation which states that profit is equal to total revenue minus total costs. Profit = SP (x) VC (x) TFC SP = selling price per unit VC = variable cost per unit X = number of units sold TFC = total fixed cost Profit = (SP VC) (x) TFC Profit = Contribution margin per unit(x) TFC Contribution margin per unit signifies the contribution of each unit sold to cover the fixed costs and increase profits. The concept of contribution margin can be used to determine the units of output needed to be produced or sold to achieve a targeted level of operating income. In the case of the client, the client is not able to earn desired amount of profits, however, if he applies CVP analysis and pre determines the required amount of profit after taxes, he can attain the output needed to be produced to achieve the targeted profit levels with the help of contribution margin. Break Even Point Breakeven point is the point at which the company earns no profit or loss. It is the number of units sold at which the company break evens. This can be calculated with the help of contribution margin per unit. The graph for breakeven point can be shown as below: Break Even Units sold Breakeven point is important because it is not advisable to operate below the point where the company is not making any profits as there would be losses, hence breakeven point helps in deciding when not to produce the product or service. Sensitivity Analysis Sensitivity analysis is used to deal with uncertainty in the business. The technique examines how the operating income will change with a change in any of the factors of the profit equation like a change in variable or fixed cost, change in selling price or units sold. Such analysis helps managers in taking calculative risks and broadens their perspective. One aspect of sensitivity analysis is Margin of Safety. MOS is the amount of revenue in excess of breakeven revenues. Sensitivity analysis helps the managers in deciding the level to which the revenues with a higher MOS might fall before reaching the breakeven point. Another aspect of sensitivity analysis is the cost structure of the company. A company may consider different cost structures based upon its risk appetite. The risk return of different cost structures can be measured as operating leverage. The operating leverage is said to be high when fixed costs are higher than variable costs and vice versa. A change in fixed costs leads to a change in operating income and contribution margin and operating leverage measures just that. For a company having high operating leverage, a small change in quantity leads to large change in operating income. Multiproduct Analysis For a company having multiple products like in our case also CVP analysis can be used. For similar products, the weighted average contribution margin per unit can be used. However, if the products are strikingly different like in case of a retail store, the contribution margin ratio should be used in CVP analysis. This is because the total sales becomes more important than the per unit sales. Hence the break even sales or the sales to achieve targeted operating income can be obtained with the help of contribution margin ratio. Benefits of CVP Analysis CVP analysis is a very useful tool for managers in decision making. The company can decide on its targeted profit and work on its inputs accordingly. Due to the breakeven point analysis, a manager can increase its spending and increase production in order to increase profits. Also what if analysis helps in decision making process as the decision can be broken down into various probabilities. The CVP analysis provides a detailed snapshot of the activities of a business including the costs and production details. Limitations of CVP analysis One of the basic limitations is the assumption made by CVP analysis that all costs can be categorised into fixed and variable costs, however, companies producing multiple products may have complex costs which cannot be categorized properly. Also it assumes that fixed costs do not change however with large changes in activities even the fixed costs can change. Financial Reporting vs. managerial Accounting Information Financial reporting provides information on financial statements which is useful for various stakeholders and includes business information provided in balance sheet, income statement and cash flow statement. It is mandatory to prepare financial accounts. Managerial accounting provides information on companys cost structures which are useful for the managers of the company for effective conduct of business and in making policies and strategies for the company. It is not mandatory. Some of the tool of management accounting include Activity based costing, capital budgeting, CVP analysis, and many more. Recommendation Based on the above discussion of CVP analysis, it is recommended that a company should adopt the CVP analysis as it helps in avoiding wastage of resources by proper planning. The breakeven point helps in deciding the level till which the product should be produced and the sensitivity analysis helps the manager in deciding the various alterations that can be made to the variable and fixed costs and selling price and units to achieve a desired level of profits. Also the profits available to the company after payment of taxes can be determined by the contribution margin approach; hence the company will have a clearer picture of the company activities and will be able to decide upon the alternative course of action to be taken to achieve desired results. References Kaplan, R.S. Cooper, R. (1997) Cost and effect: using integrated cost systems to drive profitability and performance. Boston: Harvard Business School Press. Code Connect, (2006), Cost Volume Profit Analysis, Journal of Corporate Accounting and Finance, pp. Kim, S.H., (2014), Cost Volume Profit for a Multi Product Company: Micro Approach, International Journal of Accounting and Financial Reporting, Vol. 5(1) Chung, K.H., (2006), Cost-Volume-Profit Analysis under Uncertainty When the Firm Has Production Flexibility, Journal of Business Finance and Accounting, Vol. 20(4), Wiley Online Library.

Accounting for Business Committed Hospitality

Question: Discuss about theAccounting for Businessfor Committed Hospitality. Answer: Australia's solely devoted and committed hospitality tools backing solution is taken account by the company named Silver Chef Limited. The company came into play from the year 1986 and it has helped about a number of 25,000 and more clientele. It has established itself and ranged from a number of set up of start-up coffee shops to outsized hotels and restaurants. The company had focused and created a focal point towards realizing their production imaginings and dreams. The Silver Chef Limited has a listing on the Stock Exchange of the countries including Australia, New Zealand and Canada. The company also employs a number of more than about 200 enthusiastic inhabitants. There is a provision and support of flexible tool supporting explanation to clientele through the hospitality. The ratio of return on assets is recognized as the income on the whole possessions is a proportion of productivity. The ratio also considers the returns of the total net number or sum created by the total assets. The computation is carried on all the way through the stage by the assessment of the net amount of proceeds and the normal entirety possessions (Brigham Ehrhardt, 2013). In terms of the others, the ROA measures the effectiveness of a corporation to the organization of its property to produce incomes or earnings throughout a part and period of time. The main and only principle and rationale behind the acquisition of assets of the company takes account the proceeds and profits to be generated and the ratio of ROA allows the assistance of both the investors and organization of checking the capability of the company to change ones funds and investments into the revenues and incomes (Saunders Cornett, 2014). For this reason, the proportion or the ROA ratio reflects a measurement of the productivity and profitability of the assets of a company. The asset categories have a requirement of a much closer examination and the three among a wide variety of asset categories takes account of the stock, property, plant and equipment and cash and cash equivalents. The items of the income statement included are the vending and retailing of the merchandise and the foodstuffs. The documentation and the preparation of the financial statements have a requirement of managing and supervising in formulating the judgments, estimate and proposition that have an outcome on the statement computation in the monetary statements. The management over and over again has an evaluation of its decisions and judgment in association to the categories like liability, assets, revenue and expenditure. The management and supervision has a foundation on the judgment on the understanding of the historical data and on supplementary assortment of reasons that is supposed and has an assumption of being balanced and lucid under the situations and conditions. The management has acknowledged and is undergoing the successive accounting strategies significant towards the company (Roy et al., 2014). There has been a formation of imperative verdicts that completely formed. Also, the major rough calculations and assumptions that have been undertaken by the management have lead to an importan t impact and influence on the financial statements. The ROA ratio or the ratio of the return on assets deals with the business earnings or attaining of the returns on the total outflow of the assets, to attain efficiency and effectiveness. Therefore, the ratio has a representation of the effectiveness of an enterprise of exchanging the investments and funds utilized for the acquisition and obtaining of the assets into the income or profits in net amount. The more higher the ratio, the higher will be the favorability of the investors. The equivalent terms makes obvious that the business is more proficiently managing its possessions to produce and create net profits of higher amounts. The ratio of return on assets being positive will generally demonstrate a symbol of a fashion of an escalating income also. The ratio of ROA has a foremost effectiveness for the judgment and comparison of the companies in the indistinguishable industry as unlike industries bring into play their possessions in a diverse way and approaches. The ratio of the return on total assets has faced decrement and decrease from the years of 2014 to 2016 and thus the trend has created an influence on the income and returns on the total assets of the company. Even though, the sum total of all the assets have been increasing the whole time through the years under consideration i.e. from the years 2014 to 2016, the increase in the expenditures has resulted in the decrease of the ratio over the years. Hence, the same has given results of incurrence of the poorer ratio in comparison and the same is represented below: Particulars 2014 2015 2016 Return on Total Assets (%) 10.92 10.19 9.00 The total net profits and the amount of total assets has increased in the overall years and thus on a scale of 1-10, the company can be said as excellent i.e. 10 on a total of 10 because it has not been just satisfactory or very unsatisfactory. Therefore, the company has a positive rating giving it a total of 10 among others. The company has been increasing its net profit margin ratio from around 13.69% to 15.31% in the years 2014 and 2016 respectively. The ratio analysis of the company has shown a positive and good sign, thus the rating has increased for the company. The management and the Board of directors of Silver Chef Limited administer and also keep an eye on the amount of the effectiveness of organization of jeopardy alongside the management of the authority and compliance procedures (Mark, 2013). The roles and tasks of examining and having an accurate review of the threat management and efficiency of the internal control are selected to be managed and controlled by the directors for including the responsibility of the designing and implementing of the system of internal control and management of risks and hazards (Needles et al., 2013). The members of team and management has a variety and wide range of techniques and ways for making certain about the alignment of the objectives of the management activities and the risks of the same i.e. the members and directors that had been under recognized by the organization (Healy Palepu, 2012). The major activities consist of three major ones that include the following: The strategic plan approved by the Board that undertakes and takes into consideration the in the mission, vision and approachable documents of the organization. There is a designing of meeting up the necessities of the investors and for the administration of the risks and threats of an organization (Dolvin et al., 2012). There is an approval of the functional policies and financial plans undertaken by the associates and Board of members towards monitoring of the encroachment of same. References Bodie, Z., Kane, A., Marcus, A. J. (2014).Investments, 10e. McGraw-Hill Education. Brigham, E. F., Ehrhardt, M. C. (2013).Financial management: Theory practice. Cengage Learning. Dolvin, S. D., Jordan, B. D., Miller Jr, T. W. (2012).Fundamentals of investments: valuation and management. Healy, P. M., Palepu, K. G. (2012).Business analysis valuation: Using financial statements. Cengage Learning. Mark, K. (2013). A new funding solution.Plumbing Connection, (Autumn 2013), 20. Needles, B. E., Powers, M., Crosson, S. V. (2013).Principles of accounting. Cengage Learning. Roy, L., Phillips, L., Sherwin, G., Graham, L., Tallentire, P., Weston, S., ... Scales (2014), P. SIV. Saunders, A., Cornett, M. M. (2014).Financial institutions management. McGraw-Hill Education,.