Saturday, February 22, 2020

Internet as a Waste of Time Essay Example | Topics and Well Written Essays - 750 words

Internet as a Waste of Time - Essay Example Most people without internet are not able to receive news on time, and the much they receive compared to the amount accessed in the internet is very little. Most researchers, apart from their field or laboratory work, acquire statistics and facts via the internet. On the other hand, students, lecturers and persons get lots of information that they need easily from the internet instead of consuming much time in libraries searching for their preferred piece of work. Thus, from the internet, information access is easy hence saving time. Currently, businesses conduct their activities through the internet. This helps them save a lot of time. The major improvement in the business world is the online buying and selling of goods and services. For instance, boutiques display their products online using their blogs and interested customers shop online. This saves on time as in normal cases; customers are required to go to the boutiques to shop. Interviews in most businesses have gone online wh ereby the interviewees send their CVs and related documents hence the interviews take place. Therefore, much time consumption reduces. Internet use boosts Self-development. People are able to share their ideas and talents largely via internet. Talented individuals display their work in audio, video and written forms. They develop their talents and boost their esteem through the positive criticism they receive, for example like and comments. Civic awareness is important for all individuals and is widely gained through the internet. Civilization of individuals is automatic for internet users thus saving time on awareness campaigns. Internet sites enhance making friends, a major part of everyone, for example twitter. (Mark, 2006) in his article- â€Å"Scientists: Internet, Chat rooms Good for Teenagers.† published in the London Times quoted, â€Å"Regular users of teen chat rooms tend to be more engaged with their communities than the rest of their age group, and their online i dentities play an important role in the self-discovery of adolescence, researchers said† (Ward, 2008). The internet serves as a tool for communication. There are many internet sites for communication today such as facebook, twitter, my space and many more. Users reach each other both locally and internationally easily through the internet. This mode of communication saves money, as these sites are very cheap to access. Time is also highly saved, as the internet is fast and highly effective. For instance electronic mails.†The internet is not diminishing community activity, but simply transferring it to online communities.† (Justine, 2001), a professor of communication studies at Northwestern University said this. Internet is the utmost source of entertainment globally. Internet users access different forms of entertainment such as, music, movies, games and other exciting activities. People save time as people do not have to wait for the release of tangible forms of entertainment, that is compact discs, DVDs etc (Solove, 2007). The youth especially do not need to go out to dance clubs, cinema theatres, frequently to get entertained as internet offers them the source for their preferred choices. The use of internet has reduced manual labor force for many companies and industries. Hiring many employees is now an outdated practice thus saving time for interviews and money that used to pay the workers. Politically, online voting has reduced time wastage for both the government

Thursday, February 6, 2020

Strategic management accounting Assignment Example | Topics and Well Written Essays - 3000 words

Strategic management accounting - Assignment Example Furthermore, to increase the range of profitability, to ensure the resources, which are available, are used in the most required and desired way for the purpose of attaining and maintaining the short term and long term goals of the organisation, budgets are mostly used with this intention as well. After this part, a more critical discussion will be done on the traditional concept of standard costing. The uses and purposes of standard costing would be highlighted and discussed in the most appropriate way. The main purpose of standard costing is to provide a planned unit cost of a product. On the other hand, the main uses of standard costing are to provide a standard to measure the performance measurement, stock valuation, control and the establishment of selling price of different products. Standard cost is self-assumed and planned cost given to a product for the purpose of comparing it with the actual cost and cost price of the product. This actual and planned comparison of the cost and price is greatly required and used by the management. There are different uses offered and given by this comparison. The original and true efficiency and effectiveness of the organisations can easily be compared with the given set of the standard cost. This comparison would clearly highlight whether the required level of organisational short term and long term goals and objectives are achieved or the management has failed to achieve the required level of organisational objectives in the most required way and most required manner. There are different types of budgets: Zero based budgeting and activity based budgeting. Zero based budgeting is totally a new approach towards the understanding of the concept of budgeting. Traditionally, budgeting is made by adding some additional percentage to the previous year budgeting and implementing it in this added budget in the current year. But, this is not done as far as zero based budgeting is concerned. Here, the activity of budgeting gets started from scratch. Additionally, the budget maker is required to give and produce a statement authenticating the true and valid reasons and causes to justify any additions or to justify any reductions in the zero based budgeting. Also, it is very much expected of the budget manager to prioritise the entire set of activities by also providing and giving a reasonable explanation for prioritising any set of activities. On the other hand, activity based budgeting provides an additional source that can be used for the purpose of doing the activity of budgeting. In this budgeting, first certain targets are determined and highlighted. After determining the certain targets, then activities are highlighted and determined for the purpose of attaining and meeting those targets with the help of these activities. Afterwards, only those available and required resources are used that help and ensure the attainment of these targets. The activity based budgeting facilitates the identification of such opportunities that help to reduce cost and eliminate those factors that are wasteful. Activity based budgeting highlights and helps management to constantly pursue the areas that have improvements. Budget is defined as ‘a quantitative statement for a defined period of time,