Japans Miracle Economy Free Essay Example, 2250 words

Therefore, the Japanese imports were welcomed on the basis of economics and politics. Thus, the US government focused its postwar policies for at least three decades mainly on the military and strategic facets of bilateral relationship, and almost unconditionally allowed the penetration of Japanese markets to US products3. The US established bilateral ties with every aspect of Japan’s political economy, including security and, thus making it a unique relationship, unlike those multilateral and interwoven relationships that US established with other democracies. The US governmental policies was originally intended to rapidly disintegrate the monopolies perceived to have close connection with the Japanese war machine as well as their undergirding prewar expansionism. The Americans acted in harmony with the pervasive New Deal Sentiments, a punitive policy meant to punish economic hegemonies, and instead seek â€Å"economic democracy† over economic growth. No doubt many Am erican corporations were apathetic to the breakup of many Japanese corporations, including the rapid dismantling of the zaibatsu, such that it was relegated to operating status. Nonetheless, in 1946, the US reversed its policy upon the defeat of the almost all prewar party elites by a new wave of political leaders. We will write a custom essay sample on Japan's Miracle Economy or any topic specifically for you Only $17.96 $11.86/pageorder now Thus, Americans role in empowering the political left led to the dramatic shakeup of the socioeconomic composition of political leadership of Japan4. Studies by Stockwin (cited in Christensen, 2009) examined the main aspects of LDP rule in Japan. These aspects include rates of savings, investment trends, government support, greater workforce productivity, and global environment favorable to free trade. Vogel in 1979 (cited in Christensen, 2009) underpinned Stockwin’s research even though his study was much more comprehensive. Vogel not only attributed Japan’s economic success to economic performance, but also to safety of Japanese cities, good schools, a comparatively egalitarian wealth distribution, and favorable labor relations. According to Johnson (1982, cited in Christensen, 2009), bureaucracy contributed significantly to the Japanese economic miracle. The Ministry of International Trade and Industry (MITI) of Japan employed bureaucratic and egalitarian policies that orchestrated rapid economic growth5. Gao (2009) attributed Japan’s economic dip of the 1990s to lack of coordination, lack of plan, and competition in the Japanese production. Outmoded facilities and equipment may have eroded the capital gains.

The Impact Of Scientific Theory On The Development Of The...

Question One: Theory Part One Research is important in our society since it contributes to the development of the world we live in through the application of theory. Research allows us to investigate, experiment, develop, support and explore previous facts and work of new and existing theories. The research and the investigation of topics should be significant, relevant, and of interest to those working and studying in the field. A systematic approach using a research method that provides accurate, reliable, and selective critical use of data is necessary for conducting a good research. A good research supports or challenges existing theory. In the world of theory, theory in common language differs from scientific theory, and psychological theory. Theory in common language is use to mean a guess, idea or speculation that someone has about something that is not tested. Scientific theory is an explanation for a phenomenon based on previous observations that have been built on a set of facts and principles that will allow us to predict future behaviors and events . Psychology theory describes a behavior and make predictions about future behaviors, emotions, and thoughts of individuals. Nevertheless, knowing the terms and the differences about theories and concepts would allow researchers to have a better understanding on how to use and apply the terms in theory. The researcher must have a clear picture of how to develop a study that includes the adequate informationShow MoreRelatedImpact Of Technology On The Development Of Civilization1407 Words   |  6 Pagestechnology in the development of civilization. The purpose of science is to develop a vast breadth and depth of data and knowledge to enable us to understand why things are the way they are (Oberdan 26). 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Ritzer (2008) asserts that the immediate cause for the beginning of sociologyRead MoreEssay about Human Beings and Nature: The Scientific Revolution1689 Words   |  7 PagesHuman Beings and Nature: The Scientific Revolution The Scientific Revolution, perhaps one of the most significant examples of human beingsà ­ relationship with the natural world, changed the way seventeenth and eighteenth century society operated. The power of human knowledge has enabled intellectual, economical, and social advances seen in the modern world. The Scientific Revolution which included the development of scientific attitudes and skepticism of old views on nature and humanityRead MoreThe Scientific Revolution Was The Development Of Modern Science1041 Words   |  5 PagesAngela Jimenez January 21, 2016 History Paper Pd: 7 The scientific revolution was the development of modern science, when progress in physics, astronomy, biology, chemistry, and mathematics reconstructed views of nature and society. While the scientific revolution focused on the physical world, the enlightenment ventured to explain the purpose of government, and construe the best form of it. Blaise Pascal and Isaac Newton are two enlightened individuals with different views that challenged andRead MoreAnalysis Of Ford And Taylorism Theory973 Words   |  4 Pagesand Taylorism theory has been there for many decades. It has its own advantage and disadvantage. However, we can still absorb from the theory and many of the methods are still practiced in this era. In this activity 1, we are going to summarize the ideas of Ford and Taylorism and discuss if the concept it accepted in many countries. Secondly, in the second activity, we are going to review about globalisation by Thomas Friedman. We will mention about the risk of living in the flat world of globalisation

Advanced Accounting for Journal of Instructional Pedagogies

Question: Discuss about theAdvanced Accounting for Journal of Instructional Pedagogies. Answer: This paper solves the issues that arise from the article. The issues that are being solved are those of the advanced accounting. The first part addresses the accounting issues that are discussed in the article. The second part discusses the various accounting theories that are explained in the article. Accounting issues that have being addressed in the article include: Business risk-this is when the director s of the company make a decision that may affect the company negatively or where the event that occurred threatened the future of the business. a plan of recruiting 5000 CPA was never successful. This may make the business to operate at a loss.2) there is also lack of transparency at the company. The CA ANZ does not show detail about spending and revenue in the company annual report (Scott 2015). The CA ANZ accountant spend higher amount of money on the project contributing to losses and this made the company to initiate program of cost cutting . The CA ANZs tertiary level educations are all at risk due to the losses that the company experiences in the course of business operation. 2) In terms of the issues of accounting being discussed, what I disagree/agree with in the article are the following. In the article, it is true that there is lack of transparency in the company this is because the CA ANZ fails to reveal the detail of the total expenses and revenue (Schaltegger and Burritt 2017). The annual report of the CPA published during the month which acts as the benchmark also enlightened some forms of transparency issues in the company. I agree with the decisions of the executives of engaging in a project that is risky. These projects can make the company to spend higher amount of money but they always have long term benefits to the company. The CA ANZ will yield higher amount of profit from the business that are risky in the long run. Though, sometimes they might make the company to run at a loss in the short run which is obvious because in any business operation there must be a profit or loss. In case of the loss, the company should come up with suitable strategies in order to improve the operation of the business to ensure that the company event that causes the business to make losses are solved (Libby 2017). The decision of the company of reducing the number of the staff, outsourcing of the employees and slashing of the budget are the best idea as they will reduce the CA ANZ expenditure. This may make the company to make profit because the expenses will be lower than the revenue. 3) How the article is linked to theories/theory is well explained in the Unit of Advanced Accounting. Accounting theories- These are sets of methodologies and assumptions used in the application and study of FRP (Financial reporting principles). Going concern- this theory is evident in the articles. It states that when accounting of the business is being managed, the controller must understand the financial viability of the business. The assumption in this theory is that the business is strong enough to survive even in the future. In case the accountant realized that the business will fail in the future then he will state it in the financial statement of the business (Bublitz, Philipich and Blatz 2015). The annual spending of the CA ANZ is being stated in the annual report of the company. The report of the accountant should outline whether the company will operate in the future. Revenue recognition- this is the accounting principle that are in the GAAP that help in finding a particular conditions in which revenue should be accounted for or recognized. The company recognized the revenue after the performance of a specific event or project. From the comparison of the CPA disclosure and CA ANZ, it is clear that the company recognized both the revenue and expenses. The CA ANZ financial statement recognized both the expenses and revenues when they are realizable or realized by the company (Leong 2015). Consistency- this theory state that once the company selects an accounting method, it should be applied continuously over the entire accounting periods. There is a consistency in the financial statements of the CA ANZ. The company uses the same accounting standard where the revenue and expenses are being recognized for each of the financial year (Gaffikin and Aitken 2014). References Bublitz, B., Philipich, K. and Blatz, R., 2015. An example of the use of research methods and findings as an experiential learning exercise in an accounting theory course.Journal of Instructional Pedagogies,16. Gaffikin, M. and Aitken, M. eds., 2014.The Development of Accounting Theory (RLE Accounting): Significant Contributors to Accounting Thought in the 20th Century. Routledge. Leong, R., 2015. Structuring an undergraduate accounting theory course to enhance the learning experience of Australian students: Preliminary findings. Libby, R., 2017. Accounting and human information processing. InThe Routledge Companion to Behavioural Accounting Research(pp. 42-54). Routledge. Schaltegger, S. and Burritt, R., 2017.Contemporary environmental accounting: issues, concepts and practice. Routledge. Scott, W.R., 2015.Financial accounting theory(Vol. 2, No. 0, p. 0). Prentice Hall.

Insurance and Negligence

What is negligence According to insurance policy, negligence is defined as any instance that on the part of the policy holder’s that could be blamed for the incidence that occurred, when there is negligent, then the incident was not merely from an accident, but some reluctance, ignorance or anything or such manner can be proved on the part of the policy holder’s.Advertising We will write a custom essay sample on Insurance and Negligence specifically for you for only $16.05 $11/page Learn More Depending with the insurance contact engaged, the insurer could cover the loss resulting from a negligence of the policyholder to a certain percentage or alternatively refuse to cater for any loss therein. To prove that a policyholder was negligent, there are four main elements to a negligent, they are: Existence of a legal duty to use reasonable care The insurer must prove that the policyholder by the terms and conditions of the contract was under leg al obligation to take good care of the situation or the subject matter to avoid any case of damage. When signing an insurance policy, there are some conditions that are special to a particular case, in the case that they offer some duty of care to the policyholder, then in case of an incidence that occurred from the bleach of the duty of care, then the case can be said to be a case of negligence. Failure to perform that duty An insurance policy has some preset conditions that calls for some actions, certain behavior or certain way of handing situation on the side of the policyholder to enforce the contract. In the case that the policyholder has ignored or not performed the duty, then it can be concluded as a case of negligence and the contact can have issues in enforceability. failure to perform that duty can result to negligence and non-compensation of the policyholder. Damages or injury to the claimant To prove a case of negligence, there must have some damages that have been suff ered because of the negligence, in the case of an insurance policy, the subject matter that had been issued must have been damaged or the peril that was insured against must have occurred. When the damage has occurred, the policyholder will be seeking to enforce the contract and get compensation that is the challenging part of the story; he suffered the damage, but the complainant (the insurance at this level) is claiming that there have been some negligence, thus the damage not enforceable. The insurer assumes that if the policyholder had taken such enough care, then the damage would not have occurred. Proximate cause relationship between the negligent act and the infliction of damages Under this heading, the law assumes that some acts on the side of the policyholder that might have triggered another thing that is responsible for the damage. In this case, there is the inclusion of third parties or other activities to functions that might be blamed for the damage. When proving this point, the insurance body must show the cause of events and the relationship that occurred in the entire situation to have the damage occur.Advertising Looking for essay on common law? Let's see if we can help you! Get your first paper with 15% OFF Learn More The assumption of this element is that a damage can occur but there is not direct influence of the policyholder if the matters of the case are analyzed, then it can be seen that the policy holder was involved in the situation indirectly; the indirect involvement is the prove of negligence. This essay on Insurance and Negligence was written and submitted by user Matsu'o Tsurayaba to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.