NOrdstorm Case Analysis Essay

â€Å"Our staff is truly keen on observing that every one of your needs are meet. They are experts will assist you including blessing proposals to closet arranging. They will even go with you from office to division until you find precisely what you’re looking for† , a statement from Nordstrom registry as a benchmark for administration exemptions. How is Nordstrom ready to guarantee this unexceptional objective inside retail industry? The appropriate response lies with the incredible accomplishment of inspiration created inside Nordstrom culture. The case being referred to is set up by Richard D. Freedman and Jill Vohr, Stern School of Business, New york University. This case investigation depends on the encounters and foundation of retail monster, Nordstrom. The store began its activities with humble start of giving fantastic client support to constituents. Nordstrom works right around 100 stores in 10 states. It’s a developing organization with incredible working society. There are roughly 35000 representatives working inside Nordstrom family. The focal point of Nordstrom’s the board is to make a yearning and persuaded group that gives client care like nobody else offers, administration well beyond what would have been acceptable anyway. All workers are caused to feel like individuals from a family partaking in â€Å"the Nordstrom way†. Organization has had the option to make a domain where advancements are just from inside the organization, where workers keep a diary of clients to send thank you letters and up and coming advancements. Workers play out all tasks applicable to their employments, in any event, unloading things, racking and capacity obligations. Interestingly, every one of these undertakings are performed on off the clock. Nordstrom has had the option to make a domain where workers are driving themselves to limits. Doing tasks during their noon or after the clock has been a Nordstrom culture for some time. Despite the fact that this training had made some discussion with not many representatives and associations are attempting to seek after Nordstrom to annul these inspirational methods to have workers work off the clock to accomplish better status and cash. There have been different claims including Nordstrom representatives and the board. This examination can give us some knowledge on how Nordstrom has had the option to utilize inspirational speculations to satchel workers to be a piece of this immense venture. Inspiration is a power that originate from inside an individual that can help make a determined heading towards accomplishing some particular objectives, where accomplishment isn't expected exclusively to capacity or to natural variables. Execution of someone in particular can be accounted utilizing: Performance = f (Ability x Motivation) Nordstrom had made a position of business where they pick the best sales reps from the given populace and give them inspiration in type of advancement, great deals commissions and social height of working for a lofty retailer like Nordstrom. Nordstrom has had the option to utilize content hypotheses of inspiration to create current company’s culture. Utilizing content from Hierarchy of Needs Theory by Maslow’s, Nordstrom can inspire individuals as indicated by their longing to fulfill explicit requirements. Utilizing physiological requirements like cash, Nordstrom had made an amazing base compensation structure alongside the chance to make more open doors for sales reps in type of high commissions. Nordstrom’s pay structure is more compensating than its rivals. Utilizing physiological worldview as an inspiration power, Nordstrom is an industry chief for gathering the best ability inside deal power. Second degree of Maslow’s hypothesis is Safety needs. Nordstrom had made a culture that looks like to an individual family boutique working inside its own methods and make its own personality. Nordstrom administrators are allowed to employ and the main guideline exist is to help the client by any route conceivable as long as it’s legitimate. This demeanor towards the board had made a security net at work place along these lines helping Nordstrom representatives accomplish better inspiration. Maslow’s hypothesis likewise advances social and belongingness needs. Nordstrom has a culture of making a family inside a specific store along these lines assisting with social and belongingness needs of workers. Confidence is additionally viewed as a significant factor of inspiration utilized by Nordstrom. Representatives of Nordstrom happily acquaint themselves with others because of the way that Nordstrom has a specific spot in the public eye and this methodology makes more inspiration for workers to be progressively beneficial. Maslow’s hypothesis additionally grasps self-realization for making worker inspiration. Nordstrom is one of only a handful barely any organizations that can assist representatives with structuring their own business cards and calendars. The center is to make innovative soul among representatives on the grounds that Nordstrom need execution to originate from desire and inspiration and not from corporate home office. ERG hypothesis by Clayton Alderfed clarifies three classifications, presence (E), relatedness needs (R) and development needs (G). This hypothesis can be viewed as one of the columns inside philosophies utilized by Nordstrom. Workers are propelled utilizing development, relatedness needs and presence needs. Utilizing this hypothesis as a methodology for plan of action, Nordstrom helped workers search for their essential objectives and use Nordstrom as a vehicle to achieve those objectives. Hypothesis of accomplishment, connection and force by David McCelland can clarify the inspirational power Nordstrom is utilizing to accomplish aggressive objectives of deals and inspiration. By making objectives to be accomplish each month, quarter and year, Nordstrom can assist workers with making a timetable for themselves to accomplish those objectives. Nordstrom had made informal standard of greatness that can help set objectives for workers. Requirement for association is additionally utilized throughout work with Nordstrom. Supervisors recognize the best workers and considered as a pacemaker to other people so others can follow their case of brilliant client administrations and deals. Need of intensity if another figure included making spurred representatives. Nordstrom utilize exacting strategy with advancements inside the organization, this procedure gives capacity to the yearning and roused representatives in type of the executives and group pioneer positions. Despite the fact that customary examination had not bolstered asserts by two-factor hypothesis or double factor hypothesis by Frederick Herzberg; Nordstrom has had the option to utilize the idea of inspirations like accomplishment, acknowledgment, duty, development and testing work and cleanliness factors like compensation, working conditions , specialized oversight, status , relational relationship with companions and security. Nordstrom had executed this plan to make a self-acknowledgment condition where workers make objectives and inspiration originates from inside. Nordstrom’s center around utilization of hope hypothesis is another persuasive factor for making inspiration. Hope is the emotional likelihood that a given measure of exertion will prompt a specific degree of execution. Utilizing instrumentality and valence as a result, Nordstrom can increment inspirational power. Another factor that Nordstrom is so fruitful in making worker inspiration is utilization of value hypothesis. Value hypothesis proposes that inspiration depends on person’s evaluation of the proportion of results he/she get (e.g., pay, status and so forth). Nordstrom had executed these speculations to make a model that assist representatives with getting things done with inspiration from inside and increment profitability and inspiration. Objective setting has been a key helper for individuals working inside Nordstrom. Despite the fact that, numerous disputable claims and grumblings by representatives and association had surfaced in most recent couple of years, Nordstrom is as yet advancing its way of life. Nordstrom had put aside more than $15 million for paying representative for times that has not been paid in past because of the reality it was not on clock. Nordstrom still grasp work development and employment advancement arrangements. Occupation amplification is a procedure of making an occupation additionally persuading by including errands that are comparable in multifaceted nature comparative with the current assignment. For instance, Nordstrom representatives work with a client in any division to fulfill that customer’s needs. Employment advancement is a procedure of making more occupation inspiration by expanding obligations. For instance, Nordstrom assign workers to accept obligation and go about as an attendant and connect with clients utilizing letters and photographs and scrap book and so forth. Utilizing these hypotheses, Nordstrom, had increment representative inspiration as opposed to making a threatening workplace. I for one believe that Nordstrom can modify not many techniques to treat with how worker time is redressed. Inspiration hypotheses applied at Nordstrom are splendid and utilizing those speculations, Nordstrom had made a culture where representatives are endeavoring to make progress and arrive at the objectives set by workers and not corporate central station. A portion of the objections referenced on the off chance that appear genuine yet the job of inspiration is a two way stream. Nordstrom should manage these grumblings in a way where it can assist workers with increasing more certainty and inspiration. For instance, Nordstrom should change the manner in which input system took care of. All through the entire case, I saw an absence of criticism technique that can assist workers with showing signs of improvement and increment inspiration. Criticism assumes and significant job inside company’s persuasive endeavors. Criticism procedure can explain the objectives and desires for specific workers who appear to be mishandled by this culture. Nordstrom ought to likewise concentrate on including the ideal opportunity for additional round exercises to improve deals on genuine paid time. This would assist representatives with utilizing pay as an inspirational factor to build profitability as characterized as Maslow’s, ERG and double factor speculations.

Historical Impact on Working Conditions (HR, Employee Labor and Research Paper - 1

Recorded Impact on Working Conditions (HR, Employee Labor and Relations) - Research Paper Example The force of ‘cotton culture’ took off with organization of huge number of Black slaves. In 1790, it is evaluated that 700,000 slave laborers lived around Ohio River and Mason-Dixon Line (Reef, 2007, pp. XVI-XIX). All through eighteenth century, industrial facilities developed quickly where benefit was the main thought process. With no enactment to ensure laborers rights, the circumstance was very untidy for workers who frequently needed to work 14 hours every day. Workers regularly dissented, however couldn't coordinate the intensity of bosses. In 1835, a strike was composed in Philadelphia for 10 hours in a day work. Before the finish of common war, production lines were increasingly sorted out in specialized terms with better types of gear and instruments. Coming up of railways conveyed the following degree of development force. However, works had little state on their functions. After the common war, the battle picked up energy from works, however in sloppy and ungraceful design. With practically no administration help, it was difficult to push ahead (Reef, 2007, p. XIX). In spite of the fact that the term ‘collective bargaining’ was at first utilized in 1891 by financial expert Sidney Webb, it was presented in crude structure since the time the beginning of worker's organizations not long after the post common war period. Aggregate haggling is a strategy for assertion among firm and the operators of a unit of representatives expected at showing up at bargains that sets operational conditions. Aggregate understandings ordinarily determine wage sums, move hours, preparing, security, additional hours pay, and rights to partake in manufacturing plant or company issues. Working conditions gradually improved one next to the other with the development of worker's guilds. Many work enactments were passed that set standard guidelines for recruiting and compensating works. The main key occasion in the US work history was foundation of the American Federation of Labor (AFL) in 1886. AFL ran on the type of ‘craft unions’ and was traditi onalist as in it didn't challenge free enterprise essentially. Rather, it was

How to Impress Your Professor

How to Impress Your Professor How to Impress Your Professor Home›Education Posts›How to Impress Your Professor Education PostsEssay writing assignments are among the most popular tasks that majority of professors give to their students. A well-structured writing is the key element that helps to produce a memorable essay. Many online resources help students to write and edit their papers, and you may follow this link qualitycustomessays.com to find out more about them.Let us find out how to write a perfect essay:Prior Research 50% of the time of devoted to essay assignment should be spent on reading. One should conduct a throughout research on the topic before starting writing. Make sure that you explore various kinds of sources including school library, web sites, newspapers and magazines. You have to become a real professional in the given topic in order to be able to analyze and think critically about the topic. Only essays that include critical viewpoints are worthy.Analyzing and brainstormingThis stage i ncludes less reading and more thinking. At first, your brain should “digest” all the information that you have found. Afterwards, you start thinking more subjectively and figure out what you think about the topic. Create several interesting ideas of yours or support already known opinions with your own arguments.Thesis and OutlineOnce you possess all the needed information, you can start building up the structure of your memorable essay. First, you need a good thesis statement. A thesis statement is the so-called “heart” of the essay since it contains the main idea that should be clear. An outline, on the other hand, is the “skeleton” of the essay that will help you to keep the structure of the paper and not to forget any single point. Just write it down on a separate piece of paper and follow all the points.Introduction, Body Paragraphs and ConclusionIntroduction (which contains thesis statement) is the most important part of your essay, merely because it determines rea der’s interest in your essay. A catchy introduction will make readers continue reading, while the dull and boring intro will push the audience away.Body should be divided into several paragraphs. Each paragraph includes one argument or idea. Make sure that you present your arguments and ideas in a coherent and logical way and do not overwhelm the reader with too much information in one paragraph.Conclusion determines the impression your audience gets from the essay, so it should be memorable as well. You can include some call to action or ask the reader what is his/her position regarding the discussed topic.

Analysis Of The Article Problematizing Carceral Tours, By...

Empirical research on prison systems is important in ensuring an accurate understanding of the success of rehabilitation. Prison tours should not occur because the tours are scripted and give an inaccurate depiction of prison life as well they dehumanize the inmates. In the article problematizing carceral tours by Justin Pichà © and Kevin Walby, the ways in which carceral tours are not beneficial for all members is highlighted. They state that some of the tours are scripted, in the hopes of setting a good impression for the public. Tour officials spend a significant amount of time preparing for their tours and deciding on the impression they wish to create. Tour organizers must dress to impress, carefully consider timing of tours, and the location of the tours within the penitentiary. This is to ensure the prisoners and guards are not distracted and to assure their schedules are not interrupted. Institutional operations are put before the needs of the tours. In addition, prison tours are seen as dignity rupturing, which creates dishonourable tours. On the other hand, in response to the previous article, the article written by the Howard Journal of Criminal Justice titled In Praise of the Carceral Tour: Learning from the Grendon Experience by David Wilson, Roy Spina and Joyce E. Canaan. Which outlines the ways in which tours are beneficial for all members. The students speak about how their preconceived perceptions of prison were disproved during their penal institution

Definition Of Honesty And Integrity Essay - 2122 Words

Definition of Honesty and Integrity Honesty and Integrity are fundamental values that every sane guardian wishes his or her children to possess. These two values are the key ingredients to success in all aspects of life. Honesty and integrity are important in communication, business, profession, relationships and much more. Honesty is defined as the act of being fair and straightforward in life (Siddiqui, 2015). On the other hand, integrity refers to the practice of possessing and adhering to the high moral principles and standards set by oneself and the society (Siddiqui, 2015). The word integrity is derived from the Latin word â€Å"integer† that stands for whole or complete (Siddiqui, 2015). Therefore, integrity requires that a person upholds all his convictions firmly and should not deviate from them no matter the circumstances. The difference between integrity and honesty, as defined above, is that honesty refers to the quality of being truthful and fair while integrity refers to the quality of steadfastly practicing and upholding the moral principles, standards set by oneself or one’s society (Siddiqui, 2015). In short, honesty is simply a quality but integrity is the ability to always exhibit a quality in all circumstances. Therefore, it is possible to have a quality, such as honesty, without integrity but it is impossible to have integrity without a quality, such as honesty (Siddiqui, 2015). Qualities, such as honesty, lay the foundations for integrity. This paperShow MoreRelatedStephen Carter The Inssufficiency Of Honesty Summary1052 Words   |  5 PagesIntegrity and honesty are often thought to coincide: many people believe that is true. Author Stephen L. Carter wrote â€Å"The Insufficiency of Honesty†, which was published in the Atlantic Monthly in 1996. 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Same-sex marriage Free Essays

Gay marriage, or same-sex marriage, has been one of the critical issues that still plagued lots of people today. There are many who are strongly against the idea because of their belief in the sanctity of marriage between a man and a woman. And there are those who embraced the idea because they think that marriage is all about equality and freedom to choose and decide. We will write a custom essay sample on Same-sex marriage or any similar topic only for you Order Now There have been debates whether gay marriage should be legalized. This was usually the topic among those who are for and against the issue. Many are asking what the big deal in same-sex marriage is. The churches, especially, are raising their eyebrows at this issue. Marriage encourages people to build a life together committed to each other. West (n.d.) argues that in some ways, same-sex marriage (or gay marriage) and opposite sex marriage are identical. The difference is that in the opposite sex marriage, one of the couple has a different sex (p.726). The issue of gay marriage delves into underlying values such as equality, family values, fairness, privacy and diversity. Messerli (2007) proposes that legalizing gay marriage will encourage people to have strong family values. This means that those who engage in gay marriage will not be discriminated by their own family for involving into such activities. Gay couples can adopt kids since they cannot bear children. This is a good thing since there are many children in need of adoption. Those who support gay marriage believe that everybody deserves privacy and equality in every opportunity. Kitzinger and Wilkinson (2006) say that equal access to marriage is a matter of equality, despite the gender of the partners (p.174). Toby Adams, a bisexual in California, is fighting for marriage equality. She was married to another woman. She said that same-sex marriage looks beyond a lesbian or gay issue (qtd. in Kitzinger Wilkinson, 2006). Kitzinger and Wilkinson (2006) add that equal access to marriage (and civil partnership) is the important issue and not same-sex marriage or gay marriage (p.177). This is irrespective of gender and sexuality. In other countries such as Canada, Belgium, the Netherlands and Spain, any two people of marriageable age can be married despite gender and sexuality. Other countries were starting to accept sexual and gender diversity. Peter Tatchell, a gay human rights campaigner, said that discrimination would worsen if heterosexual couples are excluded from civil partnerships. There should be equality in civil marriage lesbian and gay partners. One of the advantages of gay marriage, as West (n.d.) assumes, is that if same-sex marriage is legalized, it would â€Å"normalize† the for-life union between individuals. Aside from this, couples will experience a marital life away from the illiberal and unfree tradition of the past. West (n.d.) also points out that gay unions can be better as communities. Moreover, gay unions, like their heterosexual counterparts, can change the person into someone whose self-regarding preferences and desires are communal. This is morally desirable, West points out, transformation of self-regard and identity. Some people think that one of the disadvantages of gay marriage is that it would further degrade the meaning of marriage (Boushka, 2004). Henry (2006) commented that gays could destroy marriage because â€Å"they have more flair† than the rest of the population. He said that the solution is to ban gay marriage. Messerli (2007) presented the views of opposite sides regarding the legalization of same-sex marriage. For those who say yes, the following are the reasons for legalizing same-sex marriage: first, marriage benefits must be available to all couples; homosexuality is now accepted in the society; denying gay couples means violating religious freedom; love should be the most important matter; it is a form of minority discrimination to deny gay couples marriage; same-sex marriage does not hurt the society; same-sex marriage promotes family values and avoidance of high-risk sexual lifestyles, and; the number of kids for adoption will decrease since more gay couples will want to adopt kids. On the other hand, the opposite view provides the following problems that result from legalizing same-sex marriage: first, same-sex marriage deteriorates the traditional family values of our society, as is noted by Messerli (2007); second, it could diminish respect for the institution of marriage; most religions think homosexuality is a sin, and; researches showed that gay lifestyle leads to psychological disorders and lower life expectancy (Messerli, 2007). Morse (2007) presents some negative outcomes from gay marriage. One is that triple parenting will emerge, as was the case in California and Pennsylvania. The concept of â€Å"natural parents† will be replaced by â€Å"legal parents.† Second, same-sex marriage will marginalize men from the family. This implies that if a child does not need one parent from each gender, fathers become disposable. Third, the state will determine the parentage of same sex couples, which will adversely affect the children. This could result to destabilization of parentage. Wilkins (2005) says that policymakers must generate policies that will aid people in what type of social structures they make. This is also to respect and give equal credence to divorced and married couple. He furthered that policymakers bear in mind what the social policies can do for people. Wilkins (2005) discusses the social and moral consequences of gay marriage in our society. He says that it could have an effect in the public schools since education is one of the sectors already impacted by the same-sex marriage. Another consequence is the deterioration of the definition of marriage. I believe that the traditional form of marriage between man and woman should be cherished. The next generation must realize that what Wilkins (2005), Morse (2007), Boushka (2004) and the others propose is true. It is important to cement the sanctity of marriage created by God for man and woman. References Boushka, B. 2004, Gay marriage and family responsibility, Available at: http://www.doaskdotell.com/controv/gaymarry.htm Henry, R. 2006, Solution to all problems: ban gay marriage, Pittsburgh Post-Gazette web site: http://www.post-gazette.com/pg/06172/699847-154.stm Kitzinger, C. Wilkinson, S. 2006, ‘Genders, sexualities and equal marriage rights,’ Lesbian and Gay Psychology Review, vol.7, no.2, pp. 174-178. Messerli, J. 2006,   A compromise solution to the gay marriage debate, BalancedPolitics.org, Available at: http://www.balancedpolitics.org/editorial-solution_to_gay_marriage_debate.htm Messerli, J. 2007, Should same-sex marriage be legalized? BalancedPolitics.org, Available at: http://www.balancedpolitics.org/same_sex_marriages.htm Morse,JR. 2007, The problem with gay marriage, Available at: http://www.jennifer-roback-morse.com/articles/problem_gay_marriage.pdf West, R. ‘Universalism, Liberal Theory, and the Problem of Gay Marriage,’ Florida State University Law Review,   vol. 25, no. 705. Wilkins, R. 2005, An examination of the constitutional amendment of marriage, World Family Policy Center web site: http://www.worldfamilypolicy.org/marriage.html#top How to cite Same-sex marriage, Essay examples Same-Sex Marriage Free Essays Conflict has been surrounding the debate of whether same-sex marriage should be granted to gay couples as homosexuality is considered â€Å"unacceptable† or â€Å"wrong† for many. The majority of public opinions tend to view same sex marriage negatively and reject the idea of allowing homosexual couples to wed each other. It was determined by law that people of the same gender should not be given the opportunity to marry because it does not follow the moral standard of allowing only a man and woman to wed. We will write a custom essay sample on Same-Sex Marriage or any similar topic only for you Order Now On the contrary, those who oppose gay couples due to their lifestyle are people who do not factor in that anyone should be allowed to love whoever they choose regardless of gender. Marriage to most people is defined by a man and a woman. It is the sacred bond that connects the significant other to you. It is seen as the union that connects parents to their children. As the population within the homosexual community increases, the current situation will only fall in favor for gay and lesbian unity. The presence of gay and lesbian people has risen constantly over time and has led many to protest for the fair treatment of gay people. It has attracted a lot of scrutiny due to the fact that the Defense of Marriage Act (DOMA) essentially allows only couples of opposite genders to marry each other while couples of the same gender are not allowed that same opportunity. Former United States President Bill Clinton was responsible for passing DOMA during his presidency and as a result initiated a zero tolerance policy towards same-sex marriage. With the effects of DOMA being enforced, people all across the country felt that gay people were being discriminated against. Activists and supporters of gay rights began to rally together in an effort to prove that gay people deserve equality. Supporters continued to confront and retaliate DOMA through protesting and sending messages to convince the government to retract it. Seeing the amount of support for gay marriage political figures were pressured to act upon the situation. What makes the topic of same-sex marriage so interesting is how society shifted its view of homosexuality. Much of the public opinion converted their standpoint which came into fruition at an instantaneous pace. There were many powerful politicians that refused to integrate gay marriage as a right. Both Democratic and Republican parties did not support it at all preceding last year and social-conservative leaders were not worried of homosexual aspects being a part of marriage.(Drehle, Web) Even as the federal law has eased up, individual states are given the choice of accepting or denying same-sex marriage at their own discretion. Although society is still rather oppressive towards homosexuality, recent times have provided hope for same sex couples as support for same sex marriage continues to increase rapidly. Some states have reversed their same-sex marriage policy to which they have elected to embrace same-sex marriage by passing laws to allow it. Those who oppose same-sex marriage may argue that giving homosexuals the right to marry will deteriorate the social structures that we have in place, but that is only discriminating the gay population by denying them standard constitutional rights. Even President Bill Clinton recently stated publicly that he was wrong for passing DOMA and has apologized profusely as he sees just how it impacts gay people. Religious groups and organizations, namely Christians and Catholics, are the biggest opposition towards the legalization of same sex marriage. The majority have considerable hate towards the idea of allowing people of the same gender to love and are heavily influenced by the belief that God does not accept homosexuality. â€Å"WHEN PEOPLE talk about the institution of marriage, they often wax nostalgic. They think, and often say, that until very recently marriage was a lifelong commitment by one man and one woman, sanctified by God and the state, for the purposes of companionship and the rearing of children.† (Nussbaum, Web) They adamantly stick by the notion that the institution of marriage is defined solely by a man and woman. This is completely unreasonable as this the belief of a religion that does not apply to everyone. People who faithfully follow their religion treat it as an absolute law separate from what is morally correct to others. â€Å"The various concerns that religious groups use, as reasons to prohibit homosexual marriage, are in my opinion weak and can actually be turned around and made into arguments in support of same-sex marriage.† (Baker, n.p.) They cannot see beyond what their religion dictates as correct and are oblivious to political issues pertaining to society. Religion is relatively bias considering that it was created by man to communicate the testaments of an omnipotent and omnipresent force. Religion throughout decades has evolved and should adjust in order to conform with society. Coinciding religion with same-sex marriage is a bad idea partly because religion branches out in different ways. It is often debated by churches as to whether they should accept same-sex marriage; generally based on the state of law it is up to them to marry gay couples. Legalizing same-sex marriage will not disrupt the functionality of society nor will it affect heterosexual marriages. The belief of allowing same-sex marriage is that it will corrupt the premise of family values that are so woven into the fabric of our society. Allowing gay couples the right to marry would be beneficial to the economy. It will supplement the desire of planning a wedding with Marriage would encourage spending which would in turn help boost the number of jobs available. Potential jobs could include cater, bakery, restaurants, licensing, and other sorts of businesses that thrive on marriage. Many gay couples would not hesitate to spend money in preparation of a potential marriage which most people consider an important chapter in life. Numerous job opportunities become available as a result of same-sex marriage being realized. The Constitutional Budget Office found that budget could be improved slightly as an effect of legalizing same-sex marriage in every state. The federal government can potentially see a $1 billion increase each year for the next ten years as well as an increase in tax revenues of $500 million to $700 million each year. In addition, spending on federal assistance programs would decrease by roughly $100 million to $200 million per year because of same-sex marriage. (Covert, Web) Same-sex marriage has been projected to increase financial gains and provide some stimulus if they are recognized by the federal government. From an economic perspective there is little doubt  that same-sex marriage will help spark a much needed In terms of receiving benefits, same-sex couples should be eligible for the same that heterosexual married couples tend to receive. Since same-sex marriage is being accepted by states during the past years, the benefits to which same-sex couples are entitled to were rather limited. The eligibility to receive federal benefits for same-sex couples varied by state and often times were (Although the ruling by the Supreme Court states that legally married same-sex couples are given the right by federal law to obtain benefits such as taxes and pension, gay couples are required to follow state tax laws depending on their residency. This affects their financial rights because each state has varying laws. (Hawthorne, Web) â€Å"This is particularly a problem for residents of the 27 states that have a state income, estate or inheritance tax and do not treat same-sex marriage, domestic partnerships or civil unions the same as heterosexual marriage for tax purposes.† (Hawthorne, Web) Many states that accept same-sex marriage are providing unequal benefits to married same-sex couples compared to heterosexual couples. Progress certainly is being made when it comes to achieving equal rights for gay people, but there are still a lot of political related issues that need to be addressed before same-sex marriage can truly be considered acceptable. Discrimination against the gay community continues to exist throughout states even after society’s attitude being in favor of them; there are still a large portion of people who simply hate or refuse to accept gay people because of who they are. Same-sex marriage being legalized in a number of states is a victory for equal rights, but gay couples should be wary of the fact that not everyone is at terms with it reforming society to compensate for gay rights. As it stands right now, the gay population has a very strong hold on society and is progressing quite rapidly through the barriers that keep them from being treated equally. Gay people are heavily discriminated against and its difficult to understand why they are being treated in such a way. Allowing gay couples to marry would not pose an issue as most people might think;  it’s been determined that same sex marriage would in fact have a positive impact to . They continue to expand which is a reason why society has become aware of its presence and the discrimination that they are faced with. Due to such overwhelming support for gay rights, the government is constantly facing pressure to amend the laws that prohibit gay couples from getting married. With this mentioned, same-sex marriage should be legalized in an effort to further advance equal rights for all people. How to cite Same-Sex Marriage, Papers

Most Important Financial Statement

Question: Which is the most important financial statement? Answer: According to the accounting standards every organization requires some of the financial statement to take proper decision for the organization. These statements are generally properly measured the financial scenarios of the company to take decision about growth and development of the company and reduce the errors in the financial statement of the organization. The balance sheet, income statement, statement of retained earnings and cash flow statement of the company are the essential financial statements used by the organization for proper decision making portfolio of the organization (Shim Shim, 2012). As per these four financial statement of the companies are identifying the profit making scenarios of the organization which is utilized by the investors, creditors and the external decision making agencies of the company within a particular financial period. These financial reporting statements are basically summarized the financial stability of the organization within a particular financial period. Balance Sheet The primary objectives to recognize a balance sheet statement by an organization to better understand the assets, liabilities and shareholders equity of the organization within a financial period of time. Balance sheet of the organization generally discussed about the financial structure of the organization with a particular period of time (Shim, 2012). there are some of the elements which is discussed in the financial statement of the organization are fixed assets, current assets, current liabilities long term liabilities and shareholders equity of the organization. Assets Assets are generally acquired or generated resources of the companies in their different kinds of operation and performance based activities of the company. Companies are generally acquired different kinds of assets some are fixed in nature and some assets are current in nature. Liabilities Liabilities are generally financial and legal obligations on the organization to pay within a particular period of time. Liabilities are also having long term liabilities and current liabilities which related to the creditors and suppliers of the business activities. The total amount of company has been generated for the enhancement of their business activities are called invested capital of the organization whereas the total profit acquired by the company is known as retained earnings of the organization. Shareholders Equity Shareholders equity is generally based on the capital amount required for the financing a particular business entity for certain period of time in the organization to fund the business activities of the organization within a particular period of time. The shareholders equity generally contains contribution of capital and total earnings of the organization deducted by the total dividend acquired by the organization. Income Statement The financial income statement of a company clearly described the performance of the company in terms on the generating revenue from their operational activities during the financial period. Every organization is generally measured by its profit generation activities in the organization to better understand the profitability of the organization within a particular given period of time. Income statement of an organization generally to better understand the financial stability of the company in terms of generating profit for the organization (Russo, 2013). The net earnings of the organization generally used for the properly measured the financial performance of the organization through its success ability to expand their selling distribution activities of the company. Income statements are generally having different criteria like revenue segment, expenses segment and the net income generated by the organization within a particular period of time (Russo, 2013). There are some of the elements of the income statement of an organization is generally depends upon total sales recognized by an organization against its cost of goods sold of the company. There are some of the different sources of revenues are described by the organization are generally provision for the goods and services, sale of goods and also rental of the plants and properties which is listed on the revenue segment of the income statement. Expenses Expenses of the company are generally based on the total cost spent by the organization during the financial period through expenses on cash payment and purchasing of inventory goods of the organization (Robinson, 2012). There are basically five kinds of expenses are mentioned by the companies during preparation of their companys income statement. The income tax expenses are also included in the income statement of the organization. Net Income Net income is generally recognized by deduction of the total revenue generated by the organization with total number of expenses done by the organization within a particular period. The net income is generally shows the profitability scenarios of the organization within a specific period of time(Peterson Fabozzi, 2012). Statement of Retained Earnings According to the statement of retained earnings is showing that how the dividend of the stakeholders of the company gives impact on the reserve capital of the company within a particular financial period of time. retained earnings of the organization is generally based on the beginning retained earnings of the organization plus net earnings of the company less dividends announced by the organization within a specific period. There are several elements are related to the retained earnings statement of the organization is based on the total reserve generated by the organization within a particular period of time. Statement of Cash Flows The cash flow statement of the organization is generally give description about the financial scenarios of company in terms of the liquid cash and its equivalent flowed in the organization within a particular financial period of time. The cash flow statement of the organization is generally based on the financial activities followed by the company in terms of flow of liquidity cash inside the organization or going out of the organization is clearly discussed and monitored by the companies (Mackenzie, 2013). Cash flow statement of the company generally consisting operating, investing and financing activities to measure the different changes in the financial statements of the organization within a given period of time. there are some of the elements of cash flow are operational activities, financing activities and investing activities of the organization within a particular discussed period of time. After discussion about the all the financial statement of the organization is based on the measuring and evaluating different scenarios of the organization whereas in overall analysis and measurement techniques balance sheet of the organization is most preferable statement to measure the financial scenarios of the organization (Palea, 2014). On the other hand the cash flow statement is better to understand the actual inflow and out flow of cash and its equivalent of the company within a particular financial period of time. Limitations of Financial Statements There are several limitations are also followed for the financial statements of an organization are basically based on the several business activities of the organization as per the different scenarios and aspects of the organization (Libby Brown, 2013). Some of the limitations related to the financial statement of the organization within a particular financial period of time. The financial statements of the companies are generally depended on the historical pricing of the organization. The organizations are misleading due to changes in the market valuation and fixed assets scenarios of the organization. The financial statements of the companies are generally not considering the inflationary factors of the economy in the market. But generally applies on the long term assets of the organization. Generally organizations are not considering the intangible assets in their financial statement to shows the greater profitability of the brand because the intangible assets of organization is rapidly decreasing the financial status of the organization if it will considered in the financial statement of the company (Kemp Waybright, 2013). The financial statement of the company is generally based on the specific period of time as per following the universal accounting standards. This statement is also some time not reliable to calculate the financial stability of the organization with their competitors due to several changes in their financial and operational activities of the organization. Validate the statement "Cash is king" As per the analysis of the different scenarios of the organization are lies on the money valuation of the organization (Edmonds Olds, 2013). So it is also considered that cash is always king phrase to better understand the financial liquidity of the organization as per the cost of the market securities of the organization and investors of the organization. According to the view point of the several researchers said that their different investment tool is considered in the market but liquid cash is the one of the most reliable and efficient investment tool in the market. It is also based on the balance sheet and cash flow statement of the organization (Harrison Thomas, 2013). Every business activities are generally required huge amount of cash and cash equivalent liquidity in their business operation is showing better financial stability to show flexibility in taking decisions about the business activities if investment activities of the company. The cash liquidity can easily clear the short term liquidity of the company and also handle the short term obligations of the organization and as per the several study it is showing that company generally losses businesses profitability due to lacking in liquidity of the cash and earning activities of the company (Mackenzie, 2013). The cash in hand service of the companies generally provides better business opportunities and competitive advantages of the organization. Cash liquidity is the business operation also provides the better scenarios to provide sustainability to the business activity of the company within a specific period of time. References Edmonds, T., McNair, F., Olds, P. (2013).Fundamental financial accounting concepts. New York, NY: McGraw-Hill/Irwin. Harrison, W., Horngren, C., Thomas, C. (2013).Financial accounting. Boston: Pearson. Kemp, R., Waybright, J. (2013).Financial accounting. Boston: Pearson. Libby, R., Brown, T. (2013). Financial Statement Disaggregation Decisions and Auditors' Tolerance for Misstatement.The Accounting Review,88(2), 641-665. doi:10.2308/accr-50332 Mackenzie, B. (2013).International GAAP 2013. Hoboken, N.J.: John Wiley Sons. Palea, V. (2014). Fair value accounting and its usefulness to financial statement users.Journal Of Financial Reporting And Accounting,12(2), 102-116. doi:10.1108/jfra-04-2013-0021 Peterson Drake, P., Fabozzi, F. (2012).Analysis of financial statements. Hoboken, N.J.: Wiley. Robinson, T. (2012).International financial statement analysis. Hoboken, N.J.: John Wiley Sons. Russo, A. (2013). The consolidated financial statement: an ongoing problem.International Journal Of Economics And Accounting,4(4), 389. doi:10.1504/ijea.2013.059881 Shim, J., Siegel, J., Shim, J. (2012).Financial accounting. New York: McGraw-Hill.