Middle Childhood Observation Essay - 681 Words

For my middle childhood observation I chose a 10 year old female by the name of Mycah Landry. Just to give you a bit of a background, Mycah attends a magnet school and makes straight A’s. She is a very smart young girl. We will start off by comparing Mycah’s physical development to that of Berger’s in the text. As documented in the text â€Å"Unlike infants or adolescents, school-age children’s growth is slow and steady. Self-care is easy –from brushing their new adult teeth to dressing themselves, from making their own lunch to walking to school. In these middle years, children depend less on their families and do not yet need to cope with the body changes and impulses of adolescence. Muscles become steadily stronger.† From my observation I†¦show more content†¦Children apply their new reasoning skills to concrete situations-that is, situations with visible, tangible, real things. Children become more systemic, objective, scientific –and educable. One logical concept is classification, the organization of things into groups according to some characteristics that they share. An experiment that Piaget conducted to reveal a children’s understanding of classification is, and examiner shows a child a bunch of nine flowers-seven yellow daises and two white roses. The examiner makes sure the child knows the words flowers, daises, and roses. Then comes the crucial: Are there more daises or more flowers?† I conducted the same experiment with Mycah and she answered there are more flowers. So it is to my findings that Mycah has a clear understanding of classification. Lastly I will be comparing Mycah’s psychosocial development to that of Berger’s accounts. As explained in the text, steady growth, brain maturation, and intellectual advances make middle childhood a time when children gain independence and autonomy. They acquire an â€Å"increasing ability to regulate themselves, to take responsibility, and to exercise self-control†-all strengths that make this a period of positive growth. As I stated earlier in my observation report I observed Mycah as being very independent, and capable of taking responsibility for things. There is also a portion of the text where Berger discusses friendship and social acceptance. I satShow MoreRelatedMiddle Childhood Observation843 Words   |  4 PagesAn Observation of Middle Childhood Monica Thomas University of St. Thomas EDUC 5339: Human Growth and Development Dr. Tera Torres The following observation is of my own child. Isabel is seven years old and on this day she was playing with best friend at home. The other child is the same age, yet Isabel is quite taller and looks as if she is older. She wears glasses for her nearsightedness. Berger (2011) states is myopia – nearsightedness vision is the most common problem in middle childhoodRead MoreMiddle Childhood Observations1031 Words   |  5 PagesAlexander, Enrique, and Alexis are the names of the children I observed. They have different gross motor skills and fine motor skills. However, their differences are in the sophistication of each ability. Alexander, who is 7 years old is very active. He was jumping and trying to count by jumping on the tile floors to see how many there were across the living room. He is developing typically to his age. What has influenced this level of physical development is the amount of myelin in the brain increasesRead MoreChild Observation: Middle Childhood1388 W ords   |  6 PagesCHILD DEVELOPMENT CHART: MIDDLE CHILDHOOD (7-11 years) Early Childhood Development YOUR CHILD DEVELOPMENT CHART: MIDDLE CHILDHOOD (7–11 YEARS) SECTION 1: MAJOR DEVELOPMENTS | |[pic] [pic] | |BIOSOCIAL |Brief Description of Example Read MoreMy First Observation Of The Middle Childhood1182 Words   |  5 PagesMiddle Childhood. Isabella is a 7 years 10 months old girl, who was born premature in Norman-Oklahoma; when she was born weight 4 pounds and 5 oz. and her height was 17.5 inches. I knew by her mom that she spent only 8 days in the NICU at the hospital before coming home with them. I observed Isabella in her house, she live there with her mom, dad, a fish and a dog. The observation was realized when I was visiting my friend’s house; I observed the girl in her environment for approximately two andRead MoreChildren Are Our Pillars For Tomorrow Essay1720 Words   |  7 Pagesdevelopment by using case study method along with child observations and parent interview. Given the circumstances of long distance, Skype is used to observe the child and conduct the parent interview. Matthew, who was born and raised in Hong Kong, is an outgoing and smart 7th grader. He is a 10-year-old Chinese boy growing up in a middle class family. He also lives with his parents and a 19-year-old sister who is a college s tudent. Middle childhood is the best period to describe the age Matthew is inRead MoreMiddle Childhood1067 Words   |  5 PagesObservation and Analysis: Ten Year Old Male In middle childhood, children continue to learn and build cognitive abilities as well as physical skills. During this stage, children go through growth spurts which include changes in height, weight, and increases strength and stamina. Many theorists developed many theoretical interpretations that will tie in the whole developmental status for middle childhood stage whether it is physical, biological, socio-emotional, or cognitive development. SigmundRead MoreBiological Aspect of Early Childhood Essay1629 Words   |  7 PagesThe transitional life span following toddlerhood is early childhood. Early childhood begins at the age of 4 years old to 6 years old. During the early childhood stage young children become very physically active, their language become more complex, and the evolution of imaginative and elaborate nature of play occurs. Young children at the early childhood stage also begin preschool. According to Piaget, a child at the early childhood begins to have more of an abstract and logical way of thinking.Read MoreReflection Of A Group Of Middle Aged Adults Essay1438 Words   |  6 PagesThis paper is a reflection of a group of middle-aged adults that discuss the biological, cognitive and psychological issues this group experiences. It is based on my observations and my interactions during my assignment one and from assignment two, the readings and lectures this research will describe the most important issues this life span is facing. These issues are evidence based from interactions, observations, and readings. I have, had interaction with this life span segment and reviewed literatureRead MoreChallenges Of Children Face When They Start School1703 Words   |  7 PagesWhat are the challenges that children face when they start school? Transition from early childhood to middle childhood involves many milestones in a child’s life, but none quite as significant for both parent and child as when it is time to start fulltime school. Even when a child has been attending pre-school nursery, private nursery, a childminder, or nanny, it is still a major event in any parent and child’s relationship, and as such can cause a lot of anxiety for either or both child and parentRead MoreKindergarten Classroom Observation Report Essay1343 Words   |  6 PagesIn electing to observe a kindergarten class, I was hoping to see ‘real world’ examples of the social development, personality types and cognitive variation found within the beginning stages of â€Å"Middle Childhood† as discussed within our text. 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Classwork Solutions free essay sample

Under the proper conditions (under a written separation agreement or divorce decree that does not designate payments as something other than alimony, the spouses do not live together when the payments are made, and the payments that cease on the recipient’s death), cash payments are deductible alimony whereas property settlements have no immediate tax implications. Because alimony is included in the gross income of the recipient and is deductible by the person making the payment, the choice to make cash payments will not affect their combined gross income. However, the choice will affect combined taxes paid if Otto and Fiona do not have the same marginal tax rates on the payments. The combined taxes payable will be lower if Otto has a higher rate than Fiona (the alimony deduction reduces taxes at a high rate and the alimony income is taxed at a lower rate) than if Fiona has a higher marginal tax rate than Otto. 30. Rolando purchases a golf cart from his employer, E-Z-Go Golf Carts, for a sizable discount. Explain the rules for determining if Rolando’s purchase results in taxable income for him. Although the general rule is that bargain purchases by an employee from an employer creates taxable compensation income to the employee, the tax law does provide a limited exclusion for employee bargain purchases. Specifically, employees may exclude a) a discount on employer-provided goods as long as the discount does not exceed the employers gross profit percentage on all property offered to sale to non-employee customers and (b) up to 20 percent employer-provided discount on services. Discounts in excess of these amounts are taxable as compensation. Thus, if Rolando purchases the golf cart for a price that equals or exceeds his employer’s cost, the purchase will not result in any taxable income for him. 34. Cassie works in an office and has access to several professional color printers. Her employer allows Cassie and her fellow employees to use the printers to print color postcards for the holidays. This year Cassie printed out two dozen postcards worth almost $76. Must Cassie include this amount in her gross income this year? Explain your answer. No the benefit is considered a nontaxable de minimis fringe benefit because it is small in amount and infrequent. 44. For the following independent cases, determine whether economic income is present and, if so, whether it must be included in gross income (that is, is it realized and recognized for tax purposes? ). a. Asia owns stock that is listed on the New York Exchange, and this year the stock increased in value by $20,000. b. Ben sold stock for $10,000 and paid sales commission of $250. Ben purchased the stock several years ago for $4,000. c. Bessie is a partner in SULU Enterprises LLC. This year SULU reported that Bessie’s share of rental income was $2,700 and her share of municipal interest was $750. a. Economic income of $20,000 is present, but there is no realization for tax purposes. Without realization, there can be no recognition. Hence this will not be included in the gross income. b. Economic income is present and has been realized through the sale. Return of capital limits the addition to gross income to the net gain on the sale, $5,750. The presumption in the law is that realized income is included in gross income. Thus, absent some additional facts which allow the deferral or exclusion of the income, recognition would follow realization, and the income would be taxed. c. Bessie’s share of rental income is included in gross income, and her share of municipal interest is excluded from her gross income. 47. For the following independent cases, determine whether economic income is present and, if so, whether it must be included in gross income. Identify a tax authority that supports your analysis. a. Hermione discovered a gold nugget (valued at $10,000) on her land. b. Jay embezzled $20,000 from his employer and has not yet been apprehended. c. Keisha found $1,000 inside an old dresser. She purchased the dresser at a discount furniture store at the end of last year and found the money after the beginning of the new year. No one has claimed the money. a. Hermione must include the value of the nugget in her gross income. The value of the nugget is realized income because gold is marketable in a nugget form and easily valued. The authorities (Reg  § 1. 61-14(a). ; Rev. Rul. 61, 1953-1 C. B. 17) refer to the finder of a â€Å"treasure trove† and hold that there is gross income (to the extent of the ascertainable value in U. S. currency) in the tax year in which the property is reduced to the taxpayer’s undisputed possession. b. Jay might argue that no economic income is present because there is a liability to return the embezzled funds. The IRS argues that Jay does not intend to return the funds, so no liability exists at the time of the embezzlement, and therefore, income is present in that period. The Supreme Court has held that embezzled money is included in the embezzlers gross income if the funds are received without restriction on the use of the funds and without a consensual recognition, express or implied, of an obligation to repay the funds (see Eugene James v. U. S. , (1961, S. Ct. ) 366 US 213). So, Jay is unlikely to win this argument. c. The answer to this question depends on state law. If she is not required under state law to search for the owner of money or give the money to authorities, she must recognize gross income on the funds. If she is required under state law to search for the owner or return the funds, she does not recognize the income. If she ignores the law, she must include the amount in gross income because she has taken an undisputed claim on the income. When does she recognize the income? When she bought the dresser (last year) or when she found the money (this year)? In a Sixth Circuit case the taxpayer bought a piano for $15 at an auction and seven years later discovered $4,467 hidden inside. The Court held that the money was reduced to undisputed possession in the year of discovery and not in the year the taxpayer bought the piano at an auction (Ermenegildo Cesarini v. U. S. , (1970, CA6) 428 F2d 812). 49. Jim recently joined the Austin Barter Club, an organization that facilitates the exchange of services between its members. This year Jim provided lawn-mowing services to other club members. Jim received the following from the barter club. Determine the amount, if any Jim should include in his gross income in each of the following situations: a. Jim received $275 of car repair services from another member of the club. b. Jim received a $150 credit that gave him the option of receiving a season pass at a local ski resort from another member of the club. However, he forgot to request the pass by the end of the ski season and his credit expired. c. Jim received a $450 credit that can only be applied for goods or services from club members next year. a. In an exchange of services, income has been received in the amount of the value of services received (gross income includes the receipt of services as well as money and goods). Hence, Jim is taxed on the $275 of car repair services. b. The issue is whether the credit represents a valuable right. Because the right could be redeemed for property worth $150, then under constructive receipt Jim should recognize income of $150. c. If a barter credit can only be redeemed for future services, then the taxpayer could argue that no realization has yet occurred. But, it would be included in his gross income next year when the credit becomes a valuable right. 53. Clyde is a cash method taxpayer who reports on a calendar-year basis. This year Paylate Corporation has decided to pay Clyde a year-end bonus of $1,000. Determine the amount Clyde should include in his gross income this year under the following circumstances: a. Paylate Corporation wrote the check and put it in his office mail slot on December 30 of this year, but Clyde did not bother to stop by the office to pick it up until after year-end. b. Paylate Corporation mistakenly wrote the check for $100. Clyde received the remaining $900 after year-end. c. Paylate Corporation mailed the check to Clyde before the end of the year, (and it was delivered before year end). Although Clyde expected the bonus payment, he decided not to collect his mail until after year-end. d. Clyde picked up the check in December, but the check could not be cashed immediately because it was postdated January 10. a. Clyde is taxed on the $1,000 under the constructive receipt doctrine. b. Clyde is taxed on the $100 – the remaining $900 is taxed in the next year. c. Clyde is taxed on $1,000 unless the mail was not delivered until after year-end. Clyde would need to check his mail on December 31 or he would have the burden of proving he didn’t receive the check before year-end if the IRS alleges that the check was delivered before year-end. d. Clyde is not taxed until next year because the postdated check is a substantial restriction. 55. Cammie received 100 NQOs (each option provides a right to purchase 10 shares of MNL stock for $10 per share) at the time she started working for MNL Corporation four years ago when MNL’s stock price was $8 per share. Now that MNL’s stock price is $40 per share, she intends to exercise all of her options. After acquiring the 1,000 MNL shares with her options, she held the shares for over one year and sold them at $60 per share. What are Cammie’s tax consequences on the grant date, the exercise date, and the date she sold the shares assuming her ordinary marginal rate is 30 percent and her capital gains rate is 15percent? Cammie has no tax consequences on the grant date. Cammie recognizes $30,000 of ordinary income and pays tax of $9,000 in the year of exercise, the calculations are as follows: Description Amount Explanation (1) Shares acquired 1,000 (100 ? 10 shares) (2) Exercise price $10. 00 (3) Cash needed to exercise $10,000 (1) ? (2) (4) Market price $40 (5) Market value of shares $40,000 (1) ? (4) (6) Bargain Element (ordinary income) $30,000 (5) – (3) (7) Marginal Tax Rate 30% Tax due in year of exercise $9,000 (6) ? (7) She also recognizes $20,000 of capital gain and pays tax of $3,000 in the year of sale, the calculations are as follows: Description Amount Explanation (7) Shares acquired with NQOs 1,000 (1) (8) Market price at sale $60. 00 (9) Amount Realized $60,000 (7) x (8) (10) Basis $40,000 (5) (11) Long-term capital gain $20,000 (9) (10) (12) Marginal Tax Rate 15% Tax due in year of exercise $3,000 (11) x (12) 62. Grayson is in the 25 percent tax rate bracket and has the sold the following stocks in 2012: Date PurchasedBasisDate SoldAmount Realized Stock A1/23/1986$ 7,2507/22/2013$ 4,500 Stock B4/10/201314,0009/13/201317,500 Stock C8/23/201010,75010/12/201315,300 Stock D5/19/20035,23010/12/201312,400 Stock E8/20/20137,30011/14/20133,500 a. What is Grayson’s net short-term capital gain or loss from these transactions? b. What is Grayson’s net long-term gain or loss from these transactions? c. What is Grayson’s overall net gain or loss from these transactions? d. What amount of the gain, if any, is subject to the preferential rate for certain capital gains? a. Grayson’s net short-term capital loss is $300, which is the net of the short-term gains and losses for the year. This $300 loss is the short-term capital gain of $3,500 from Stock B (i. e. $17,500 – 14,000) less the short-term capital loss of $3,800 from Stock E (i. e. $3,500 – 7,300). b. Grayson’s net long-term capital gain is $8,970, which is the net long-term gain less the long-term loss for the year. This is the net of the long-term capital gain of $11,720 (i. e. $4,550 from Stock C ($15,300 – 10,750) and $7,170 from Stock D ($12,400 – 5,230)) less the long-term capital loss of $2,750 from Stock A ($4,500 – 7,250). c. Grayson’s net capital gain is $8,670, which is the net short-term loss offset against the net long-term capital gain for the year because the signs are opposite. This $300 short-term capital loss (from part a) is netted against the $8,970 net long-term capital loss (from part b). d. Grayson’s entire net capital gain of $8,670 will be taxed at the preferential tax rate. 66. For each of the following independent situations, indicate the amount the taxpayer must include in gross income and explain your answer: a. Phil won $500 in the scratch-off state lottery. There is no state income tax. b. Ted won a compact car worth $17,000 in a TV game show. Ted plans to sell the car next year. c. Al Bore won the Nobel Peace Prize of $500,000 this year. Rather than take the prize, Al designated that the entire award should go to Weatherhead Charity, a tax-exempt organization. d. Jerry was awarded $2,500 from his employer, Acme Toons, when he was selected most handsome employee for Valentine’s Day this year. e. Ellen won a $1,000 cash prize in a school essay contest. The school is a tax-exempt entity, and Ellen plans to use the funds to pay her college education. f. Gene won $400 in the office March Madness pool. a. All $500 is economic income realized this year and is, therefore, included in gross income. b. The value of the car, $17,000, is economic income realized this year and is, therefore, included in gross income. c. The entire award is excluded and therefore tax exempt. The award is excluded because it was for scientific, literary, or charitable achievement, and the taxpayer immediately transferred the award to a qualified charity. d. All $2,500 is economic income realized this year and is, therefore, included in gross income. e. All $1,000 is economic income realized this year and is, therefore, included in gross income. f. Gene should include $400 in his gross income. 68. George and Weezy received $30,200 of Social Security benefits this year ($12,000 for George; $18,200 for Weezy). They also received $5,000 of interest from jointly owned City of Ranburne Bonds and dividend income. What amount of the Social Security benefits must George and Weezy include in their gross income under the following independent situations? a. George and Weezy file married joint and receive $8,000 of dividend income from stocks owned by George. b. George and Weezy file married separate and receive $8,000 of dividend income from stocks owned by George. c. George and Weezy file married joint and receive $30,000 of dividend income from stocks owned by George. d. George and Weezy file married joint and receive $15,000 of dividend income from stocks owned by George. a. George and Weezy exclude the entire $30,200 of Social Security benefits because the sum of their modified AGI plus 50 percent of their Social Security benefits ($5,000 + $8,000 + $15,100 (50% of Social Security benefits) = $28,100) is below the minimum amount ($32,000 or less for taxpayers filing married joint) for including Social Security benefits. b. $10,200 for George and $9,860 for Weezy. Because George files married separate, he must include in gross income the lesser of (a) $10,200 (85% of his $12,000 Social Security benefits) or (b) $14,025 (85% of the sum of his modified AGI+50% of his Social Security benefits= 85% x (2,500 interest + $8,000 dividends +50% ($12,000)=85% (16,500)=$14,025). Because Weezy files married separate, she must include in gross income the lesser of (a) $15,470 (85% of her $18,200 Social Security benefits) or (b) $9,860 (85% of the sum of her modified AGI+50% of her Social Security benefits= 85% x (2,500 interest + 50% ($18,200)=85% (11,600)=$9,860). c. $11,185. Because George and Weezy file married joint and their modified AGI + 50% of their Social Security benefits ($5,000 interest + $30,000 dividends + (50% ($30,200)) =$50,100) exceeds $44,000, they must include in gross income the lesser of (a) 85 percent of their Social Security benefits (85% ($30,200)= $25,670), (b) 85 percent of (their modified AGI + 50% of their Social Security benefits $44,000 = ($5,000 interest + $30,000 dividends + (50% ($30,200) -$44,000) =$6,100), plus the lesser of (1) $6,000 or (2) 50 percent of Social Security benefits (50% ($30,200)=$15,100). Thus, they must include in income the lesser of (a) $25,670 or (b) 85 percent of $6,100 (5,185), plus the lesser of (1) $6,000 or (2) $15,100 , which simplifies to $11,185. d. $1,550. Because George and Weezy file married joint and their modified AGI + 50% of their Social Security benefits ($5,000 interest + $15,000 dividends + (50% ($30,200)) =$35,100) falls between $32,000 and $44,000, they must include in gross income the lesser of (a) 50 percent of their Social Security benefits (50% ($30,200)= $15,100), (b)50 percent of (their modified AGI + 50% of their Social Security benefits $32,000 = ($5,000 interest + $15,000 dividends + (50% ($30,200) -$32,000) =$3,100). Thus, they must include in income the lesser of (a) $15,100 or (b) 50 percent of $3,100 (1,550). 73. Fred currently earns $9,000 per month. Fred has been offered the chance to work overseas on a temporary assignment next year. His employer is willing to pay Fred $10,000 per month if he accepts the assignment. Assume that the maximum foreign earned income exclusion for next year is $97,600. a. How much U. S. gross income will Fred report if he accepts the assignment abroad on January 1 of next year and works overseas for the entire year? If Fred’s employer also provides him free housing abroad (cost of $16,000), how much of the $16,000 is excludible from Fred’s income? b. Suppose that Fred’s employer has only offered Fred a six-month overseas assignment beginning on January 1 of next year. How much U. S. gross income will Fred report next year if he accepts the six-month assignment abroad and returns home on July 1 of next year? c. Suppose that Fred’s employer offers Fred a permanent overseas assignment beginning on March 1 of next year. How much U. S. gross income will Fred report next year if he accepts the permanent assignment abroad? Assume that Fred will be abroad for 305 days out of 365 days next year. If Fred’s employer also provides him free housing abroad (cost of $14,000 for next year), how much of the $14,000 is excludible from Fred’s income? a. Fred will earn $120,000 by going abroad, but he can exclude $97,600 under the foreign earned income exclusion. Hence, Fred will report gross income of $22,400 from the salary earned. Since Fred meets the requirements for the foreign-earned income exclusion, he may also exclude the employer-provided housing costs that exceed $15,616 (16% x $97,600), up to a maximum exclusion of $13,664 (14% x $97,600). Thus, Fred may exclude $384 (the lesser of (a) ($16,000 housing cost less $15,616 = $384) or (b) $13,664). Thus, Fred includes $15,616 ($16,000 $384 exclusion) of the employer-provided housing in gross income. b. Fred will earn $60,000 during the first half of the year and $54,000 during the second half of the year. However, because he is not physically abroad for 330 days during a consecutive 12-month period, Fred will not be able to claim any foreign earned income exclusion. So, he will report $114,000 of gross income next year. c. Fred will earn $18,000 during January-February and $100,000 during the remainder of the year. However, he will be able to claim a partial exclusion of $81,556 based upon his time abroad [$97,600 full exclusion x 305/365 (days in foreign country/days in year)]. Thus, Fred will report gross income of $36,444 ($118,000 – 81,556). Note that Fred will be abroad the requisite 330 days during a consecutive 12-month period beginning in March. Since Fred is not abroad the entire year, the foreign housing exclusion is also reduced. To be excluded, the costs must exceed $13,049 ($97,600 x 305/365 x 16%), with a maximum exclusion of $11,418 ($97,600 x 305/365 x 14%). Thus, Fred may exclude the lesser of (a) $951 ($14,000 housing cost less $13,049=$951) or (b) $11,418. Thus, Fred includes $13,049 ($14,000 $951) of the employer-provided housing in gross income. 78. Terry was ill for three months and missed work during this period. During his illness Terry received $4,500 in sick pay from a disability insurance policy. What amounts are included in Terry’s gross income under the following independent circumstances? a. Terry has disability insurance provided by his employer as a nontaxable fringe benefit. Terry’s employer paid $2,800 in disability premiums for Terry this year. b. Terry paid $2,800 in premiums for his disability insurance this year. c. Terry’s employer paid the $2,800 in premiums for Terry, but Terry elected to have his employer include the $2,800 as compensation on Terry’s W-2. d. Terry has disability insurance whose cost is shared with his employer. Terry’s employer paid $1,800 in disability premiums for Terry this year as a nontaxable fringe benefit, and Terry paid the remaining $1,000 of premiums from his after-tax salary. a. $4,500. The disability pay of $4,500 is included in Terry’s gross income because Terry’s employer paid the insurance premiums as a nontaxable fringe benefit to Terry. Consequently, the disability insurance premiums of $2,800 paid by Terry’s employer are excluded from Terry’s gross income. b. $0. The disability pay of $4,500 is excluded from Terry’s gross income because Terry paid the insurance premiums. Note: the cost of disability insurance premiums is not deductible as a medical expense. c. $0. Even though his employer paid the premium, the premium is taxable compensation to Terry, so he is treated as though he paid the premiums. Thus, the answer is the same as for part b. d. $2,893. A portion of the disability pay is excluded from Terry’s gross income because Terry paid a portion of the insurance premiums. Terry can exclude $1,607 = [($1,000/$2,800) * $4,500].

Indonesia and its relationship with refugees

Profit Maximisation Model Essay Example

Profit Maximisation Model Essay Example Profit Maximisation Model Essay Profit Maximisation Model Essay Profit Maximization model helps to predict the price-output behavior of a firm under changing market conditions like tax rates, wages and salaries, bonus, the degree of availability of resources, technology, fashions, tastes and preferences of consumers etc. It is a very simple and unambiguous model. It is the single most ideal model that can explain the normal behavior of a firm. It is often argued that no other alternative hypothesis can explain and predict the behavior of business firms better than profit-maximization hypothesis.This model gives a proper insight in to the working behavior of a firm. There are well developed mathematical models to explain this hypothesis in a systematic and scientific manner. Profit-maximization implies earning highest possible amount of profits during a given period of time. A firm has to generate largest amount of profits by building optimum productive capacity both in the short run and long run depending upon various internal and external factor s and forces.There should be proper balance between short run and long run objectives. In the short run a firm is able to make only slight or minor adjustments in the production process as well as in business conditions. The plant capacity in the short run is fixed and as such, it can increase its production and sales by intensive utilization of existing plants and machineries, having over time work for the existing staff etc. Thus, in the short run, a firm has its own technical and managerial constraints.But in the long run, as there is plenty of time at the disposal of a firm, it can expand and add to the existing capacities, build up new plants, employ additional workers etc to meet the rising demand in the market. Thus, in the long run, a firm will have adequate time and ample opportunity to make all kinds of adjustments and readjustments in production process and in its marketing strategies. It is to be noted with great care that a firm has to maximize its profits after taking in to consideration of various factors in to account.They are as follows: 1. Pricing and business strategies of rival firms and its impact on the working of the given firm. 2. Aggressive sales promotion policies adopted by rival firms in the market. 3. Without inducing the workers to demand higher wages and salaries leading to rise in operation costs. 4. Without inducing the workers to demand higher wages and salaries government controls and takeovers. 5. Maintaining the quality of the product and services to the customers. 6.Taking various kings of risks and uncertainties in the changing business environment. 7. Adopting a stable business policy. 8. Avoiding any sort of clash between short run and long run profits in the business policy and maintaining proper balance between them. 9. Maintaining its reputation, name, fame and image in the market. 10. Profit maximization is necessary in both perfect and imperfect markets. In a perfect market, a firm is a price-taker and under imperf ect market it becomes a price-searcher.

Andrei Rublev's The Holy Trinity Research Paper

Andrei Rublev's The Holy Trinity - Research Paper Example Olsufiev describes Andrew Rublev as one of the iconic painters in the Russian History. He lived between 1360 and 1430. Information on Andrew’s biography is very scanty. Nevertheless, the available history shows that he was born in Pskov. He is considered a hero in painting of the Russian icons and frescoes. His name is associated with the flourishing period of the Russian art. Additionally, it is also linked with the revival of the Byzantine art after its ruin under the Ottoman rule. In the 1380, he was one of the artisans in the Prince’s cartel. They engaged in painting and decoration of churches. According to the Russian Orthodox Church Andrew was first mention as a painter when under the apprenticeship of Theophanes the Greek. This was in the Trinity Sergei Lavra Monastery, where he was a pupil of Prokhor of Gorodets. The two artists painted icons and frescos for the Cathedral of Annunciation of the Moscow Kremlin. It is in this monastery that Andrew did most of his painting. He moved out of this monastery after the death of his friend, Danil Cherny. He relocated to Andronikov Monastery in Moscow where he painted the frescos of the Savior Cathedral. That was his last painting. He remained in the same area and no wonder most of his paintings are found in or around Moscow. He died in 1430. A museum was constructed in the Andronikov Monastery, where the art and the epoch of Andrew Rublev are displayed. Smirnova observes that the surviving work shows that he belonged to either early Muscovite school or Vladimir-Suzdal.

The effect of increased bank deposits ration with Chinese Central Bank Essay

The effect of increased bank deposits ration with Chinese Central Bank - Essay Example The effect of increased bank deposits ration with Chinese Central Bank If Chinese banks make more deposits with the central, the level of their total assets increase by the amount of deposits made to the central bank. Consequently, the central bank’s liabilities increase by the same amount of banks deposits. In most cases, the move will ensure that excess reserves within the banking system are reduced. In fact, banks will have to reduce their lending to households and firms by an equivalent amount deposited with the central bank. This policy measure could be realized if the central bank opts to sell bonds to banks from its portfolio to reduce excess reserves. For instance, the central bank might sell government bonds from available portfolios and the bonds could in turn be purchased by Chinese commercial banks. When banks make bonds payments by depositing an equivalent amount in reserves to the central bank, banks liabilities will increase by the amount of deposits made to the central whereas assets will increase by the amount of interest bearing bonds. However, the central bank’s assets will increase by the amount of deposits made while the assets will reduce by an equivalent amount of bonds issued. There are also numerous economic impacts ensuing from the decision made by People’s Central Bank. The effects are apparently depicted on the economic equilibrium (GDP) and expenses incurred. Indeed, the People’s Central Bank decision announcement that banks needs to hold extra deposits with China’s central bank causes considerable economic impact.

Analysis of Jane Austins Pride And Prejudice Essay Example for Free

Analysis of Jane Austins Pride And Prejudice Essay Elizabeths and Darcys epithet (not literal but rather implied) of Proud and Prejudiced as the title of the book indicates, is clearly evident in the discourse and the use of pronouns found in extract A chapter 10. Extract B chapter 58, has an entirely different use of discourse and the polarity of persons is fundamentally different to that of extract A, the I and you of Elizabeth and Darcy become increasingly more like a metaphorical we or us as the book progresses, bring about a new implied epithet of humble and accepting. Benveniste refers to the use of pronouns as bringing ones ego into reality through the othering of people. The culture of politeness at the time that Jane Austin wrote Pride and Prejudice dictated that a person had to be far more subtle in their approach to, amongst others, insults. This was predominantly done through the change in indexicals, in the same manner we as the reader are able to pick up on the transition from; repulsion between Elizabeth and Darcy through to attraction and ultimately love, all as an event of language. In extract A Mr. Darcy moves closer, drawing near line 2, to Elizabeth , this is indicative of his affection towards her although it may be on a sub-conscious level. The reader can assume this as he moves his entire body towards her in a private manner. He then proceeds to other and mock her in line 4 by not including his own subjectivity in the discourse. Do not you feel a great inclination, Miss Bennet, to seize such an opportunity of dancing a reel? In this utterance Mr. Darcy does not include himself in the discourse and refers to Elizabeth as you, this creates a distance between the two as the you is not linked to Mr. Darcys I. Mr. Darcy extenuates Elizabeth by referring to her as Miss Bennet, in this he creates more distance by the formal address. The word seize is a blatant attempt to incite a reaction from Elizabeth by emphasizing her familys economic situation by insinuating that being poor, she would jump at the opportunity to let loose and revel in the opportunity to participate in, it is implied, this rare treat. In actuality Darcy is using an ironical tone to provoke a response and although othering Elizabeth is desperately seeking her attention. The same practice is performed by most young children, often mocking and behaving in a callous manner to the opposite sex in order simply to engage them. Elizabeth does not answer his question and he is forced to  repeat it. This indicates to the reader that although the two seem to be partaking in an argument, it is more than that and they are rather just trying to get attention from one another. It is important to note that at the time the novel was written it would be considered extremely rude to not answer a direct question and the fact that Elizabeth does this to Darcy s hows us; that she is a head strong proud individual and that she feels comfortable enough with Mr. Darcy to be impolite. After having repeated the question Elizabeth answers him. The polarity of the subjectivity and deixis is well demonstrated in her response to him. I heard you before, she involves him as a you (the object) and rebukes him by making him aware that he knew she had heard and there was no need to repeat the question. She continues by re-iterating her intention of othering him by using in reply line 9 opposed to to you. To illustrate his opinion and highlight his rudeness, she proceeds and turns him into the subject by placing the you at the beginning of the sentence in line 9, You wanted me. Elizabeth does this in order to embarrass Darcy and in doing so becomes a hypocrite, by using a tit for tat approach. She rebukes his poor cordiality but in doing so becomes just as malicious as Darcy. Elizabeth s rebuttal reaches the crux with her proverbial but line 10; after involving him she utterly removes him as a subject in her discourse and moves into a statement, I delight in overthrowing those kind of schemes, and cheating a person of their premeditated contempt. The reader can observe the those and their as a way of putting Darcy and his verbal banter in the same category as any other person she has encountered in her past. To enhance her point with dramatic effect she slows the tempo of her utterances; I have, therefore, made up my mind to tell you, that I do not want to dance a reel at all and now despise me if you dare. Once again she makes herself the subject with the I have then a the series of pauses so that the reaffirmation of her subjectivity can occur distinctively three times; I have, made up my mind, that I do not want. In closing Elizabeth forces the polarity onto Darcy by using direct and powerful words despise and dare. It is thus impossible for Darcy to avoid discourse and resorts to a defence of his ego offered by the I. Extract B chapter 58 begins with Darcy explaining to Elizabeth the circumstances of his youth that brought about the selfish line 8 adult that he became. In this monologue Darcys use of pronouns from lines 1 through to 11 are all self involved and one can notice the repetition of I at the beginning of sentences and after conjunctions or the start of a new point. This is unlike the use of I found in earlier extracts as well as future extracts; this is due to Darcys explanation being of little importance to any polarity of persons but rather a brief description. Darcy has by this stage of the book evolved into almost an entirely different I or person. When he uses the I in this section of the extract he is in essence borrowing it from his old self in order to justify his Prejudiced actions towards not only Elizabeth but all people he perceived to be of an inferior class. The introduction of Darcys new self occurs in line 12 with his inclusion of you and the use of Elizabeth s name, but for you, dearest, loveliest Elizabeth!. The surrender of all ego is done by attributing dearest and loveliest to the you of Elizabeth , importantly he uses the pinnacle of these attributes to raise her above all others. By you I was properly humbled. line 14; this positioning of the you before the I show that Darcy has completely surrendered himself over to Elizabeth by giving the you tenure of the I. Elizabeth, not surprisingly, also gives herself over to Darcy by reversing the order of pronouns in line 17 Had you then persuaded yourself that I should?. The use of pronouns as Benviniste demonstrates is a direct representation and the only true representation of ones ego. Both Elizabeth and Darcy then proceed in a rather shameful manner to reverse the polarity of persons in order to apologise to one another. How you must have hated me after that evening! line 22, the reader should take note of the utterance being formed as a question but made as a statement. Certainly Elizabeth is seeking a response but in a very passive manner! Darcy replies in an equally passive tone but hints of defensive tones can be observed in his response of Hate you! I was angry, perhaps, at first, but my anger soon began to take a proper direction line 23. Darcy involuntarily reverts back to his old I as a means of defence and finding a comfort zone, correcting himself he introduces and Elizabeth and her you by implying  that she is the proper direction. The lines that follow are of the same passive nature as slowly the I and you of Darcy and Elizabeth become one. Benviniste tries to convey that our use of pronouns is in essentially the only way in which or utterances or communication can be of any importance. Pronouns are the gateway in which or egos can be transmitted into reality. These two extracts from Pride and Prejudice show wonderfully how this is done. Through the book we notice a clear change in the polarity of persons from that of egotistical to unselfish and relinquished pronouns. Bibliography:Jane Austin Pride and Prejudice