Tuesday, January 28, 2020

Taboo Language In The Elf Classroom English Language Essay

Taboo Language In The Elf Classroom English Language Essay Nowadays, theEnglish language is very important and spread widely all around the world. Everybody has their own reason why they study English language, for example business contacts, study, exams, and for daily life. In fact, the teacher teaches only Standard English in the English classroom. There are few teachers that mention non-standard English such as taboo words in their classroom. What are taboo words? Taboo words aresanctioned or restricted on both institutional and individual levels under the assumption that some harm will occur if a taboo word is spoken. The exact nature of harm to befall the speaker, listener, or society has never been entirely clear (Heins, 2007). We use taboo wordsto be emotionally expressive, but people use taboo words with their friends to show the depth of their relationship and there are many reasonswhy we use taboo words.This essay will show understanding about taboo words. The readers will have better understandingabout taboo words through these qu estions: Why do we have to know taboo words? Why do speakers use taboo English? How often do people say taboo words and who says them? How important of taboo word between L1 and L2. What are the most frequently used taboo words compare with their own language and English language? Why dont students often use taboo words? How do we use taboo words? When should we use taboo words? Why dont teachers put taboo in the lesson? How do they receive taboo? The perspective of taboo words has changed from past to present. Taboo words were unacceptable from ten or fifteen years ago. The BBC has a list of words whichare not allowed to be used on broadcasts but there are increasing use of taboo words in the contemporary media contextas you can see in the present(Arndt, Harrey and Nuttall, 2000).In real life, native speakers dont only the Standard English sometimes they speak slang, taboo words or swear words. When they shout of you with taboo words, do you know what do they want or what dose it mean if you dont know the meaning of taboo word? They might insult you or they might want to hurt or threaten you. The reason that taboo words should be taught parallel with Standard English is because students are aware when they are threatened or are insulted. Its not necessary just for protecting themselves from danger but it is used more and more frequently in everyday speech and is becoming increasingly common in songs particularly in the lyric s of popular hip-hop music, and in the media. There are many studies which have indicated that taboo words occur frequently in everyday speech, especiallyin arguments (Jay Janschewitz, 2008). Reasons for using taboo words depend on the conversational goals of speaker for example feeling (expressing pain, frustration, annoy, anger), adding emphasis to statements whether positive or negative in context.In addition,if youre with a group of close friends, the more relaxed you are, the more you swear (sign of comfortableness).Or the reason of acceptance in some social circle for example, in a group of workmen, they said If you dont join in, you are thought an outside (Wright, 1974).There are a lot ofstudies which have showed that those who swearregularly suffer less from stress than those who do not such as if I say motherfucker it makes me feel better that when I say darn (WEB). There are researches that have indicated that taboo words appear to cause less anxiety when spoken in a foreign language. L1 and L2 are frequently learned in different context. The L1 is learned in the context of family life and thus generally includes emotional extremes and usually also an individuals earliest encounters with the gamut of human emotions (Schrauf, 2000). An L2 is frequently the language of school, work, and professional achievement and thus comes to be associated with emotional control, autonomy, and achievement (Dewaele Pavlenko, 2002).Taboo words are remembered better than nontaboo words that similar idea with research about recalling taboo words has showed that the arousing properties of taboo words produce vivid memories without elaborative processing, which may be sufficient to override the burden of limited attentional resources. On the other hand, nonarousing words rely on elaborative processing for better memories (recalling taboo and nontaboo words, 2008).P eople respond to taboo wordsin L1 better that L2. They have strong reaction to emotionallyladen childhood reprimands in the L1 but not the L2 (Harris, 2003).They prefer to use taboo wordsfrequentlyin their own language more thanEnglish languagebecause they have confidence and they know how to use and when to use it in their own language. In the English language, they lack confidence and experience taboo words because taboo words in English can be expressed in many forms not only in negative form. As mentioned before, international students do not often use taboo in the English language because they are not sure about grammar, situation andlack of confidence. It will not surprise if students do not often use taboo in English language because taboo words can be used in many forms of grammarsuch as noun, verb, adjective or even adverb, for example the word fuck. It can be explained in grammar as following table. The Grammar Of Fuck Anintransitive verb. Jeffry fucks. Atransitive verb. Jeffry fucked Mary. An adjective. Its so fucking cold. As part of an adverb. Jeffry eats too fucking much. As an adverb intensifying an adjective. Jeffry is fucking handsome. As a noun. Jeffry doesnt give a fuck. As aninfix (part of a word). Thats abso-fucking-lutely wonderful! Adapted From: (Hoster, 2005) Other way to be express taboo words in many functions and many feeling The Functions Of Fuck Greetings How the fuck are you? Difficulty I dont understand the fucking question. Fraud I got fucked by the car dealer. Despair Fucked again. Dismay Oh, fuck it! Incompetence He fucks up everything. Trouble Well, I guess Im fucked now. Displeasure What the fuck is going on here? Aggression Fuck you! Lost Where the fuck are we? Disgust Fuck me. Disbelief Unfucking believable. Confusion What the fuck? Retaliation Up your fucking ass. Adapted From: (Hoster, 2005) The Grammar Of Taboo English Use 1. As separate utterances (expletives and abusives): Shit! Jesus Christ! You Bastard! 2. As adsentences (loosely tied to a sentence, before or after): Shit! I forgot all about that. You have to tell me, for Gods sake! 3. As major constituents of a sentence (Subject, verb, adverb etc.): That stupid bastard came to see me. He fucks up everything. He managed God damn it to get his degree. 4. As part of a constituent of a sentence (adjective, adverb:) This fucking train is always late! Hes got a bloody big mouth. 5. As part of a word (compound or derivational, as prefix, suffix or infix): Thats abso-bloody-lutely wonderful news. Thats a fan-fucking-tastic job. Adapted From: (Hoster, 2005) Teachers didnt teach taboo words in the English classroom because they think that its not necessary. In fact, it depends on student needs, for instance people who want to study business. They dont need to study any taboo words because when they do business, they use just terminology words to talk with partner or boss. On the other hand, if they hang out with friends in the evening after work they might have to speak or understand taboo in communication. In additional, hip-hop groups always use taboo words in their music or even in their communications in daily life. So if students want to join in a peer group or they just want to know the meaning of hip-hop song. They need to understand the meaning of those taboo words and know how to use it as well. So teacher cannot decide that they need to teach or they dont need to teach, but it depends on students needs. People think that taboo words should not be allowed to be taught in the English classroom because its rude and inappropriate e specially teacher and older. Taboo words are used in many form not only used to insult or abuse. In some situations, we use taboo words in adverbs to clarify the picture. For example,Jeffry eats too fucking much. It means that he eats a lot more than human being eat. In the present, taboo words are used more openly, publicly and with more confidence than ever before(Hoster, 2005). Another case, teachers do not often teach taboo words in the English classroom because teachers are not familiar to taboo words for the reason that they arent native speakers. There are few natives that teach in Asia,for example in Thailand. Most teachers are Thai people they have few knowledge about taboo words in the English language because they never learn it and they never use it in daily life. If students are interested in this topic, Thai teachers cannot explain to them. If students want to study with natives, they have to pay extra money just for few hours of teaching which is quite expensive. So t hey dont have a chance to learn daily unless Standard English. We learn about taboos through the socialization of speech practices, which creates an oral or folk knowledge of swearing etiquette. Reports that swear words occur frequently in everyday speech are consistent with the argument that native speakers of any culture learn when and with whom it is appropriate to use taboo words (elaborated in Jay Janschewitz, 2008). Everybody has heard taboo or uses taboo words outside the classroom. In reality, there are many ways that we receive taboo words outside the classroom such as friends, movies, television and music. As I mentioned before, television is allowedusing taboo words morefrequently than the past because it might be the best way to communicate. According to Hoster (2005) 75% percent of the respondents in the British study thought Taboo English was a fact of life and acceptable in certain situations.In the present music has became a connection between people although they are different nationality, religion or language. Teenagers exchan ge their culture or language through music. So they can receive taboo words through music and friends who like the same kind of music, especially Hip-hop music. Hip-hop music uses slang and taboo words in the music to make their music is outstanding or to be different. So music is an important way that everyone can receive taboo words. This essay has discussed the taboo words in English classroom which include many topics. For example, the importance of taboo words, the ways people receive taboo words and the reason the teachers dont teach taboo words in classroom. There are few teachers teach taboo words in the English classroom. Although it isnt necessary, it is used in every day life. People who travel on the bus or walk on the street each day, is in agreement that Taboo English was being heard more frequently in the public arena. Moreover, these teachers were in agreement that the younger generation was using taboo language more frequently in public.à  Ã‚ ¸-à  Ã‚ ¸Ã‚ ³Ãƒ  Ã‚ ¹Ã¢â‚¬Å¾Ãƒ  Ã‚ ¸Ã‚ ¡Ãƒ  Ã‚ ¸Ã¢â‚¬Å¾Ãƒ  Ã‚ ¸Ã‚ £Ãƒ  Ã‚ ¸Ã‚ ¹Ãƒ  Ã‚ ¸-à  Ã‚ ¸Ã‚ ¶Ãƒ  Ã‚ ¸Ã¢â‚¬ ¡Ãƒ  Ã‚ ¹Ã¢â‚¬Å¾Ãƒ  Ã‚ ¸Ã‚ ¡Ãƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ªÃƒ  Ã‚ ¸Ã‚ ­Ãƒ  Ã‚ ¸Ã¢â€ž ¢Ãƒ  Ã‚ ¹Ã¢â€š ¬Ãƒ  Ã‚ ¸Ã… ¾Ãƒ  Ã‚ ¸Ã‚ £Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã‚ °Ãƒ  Ã‚ ¸Ã¢â‚¬Å¾Ãƒ  Ã‚ ¸Ã‚ £Ãƒ  Ã‚ ¸Ã‚ ¹Ãƒ  Ã‚ ¹Ã¢â‚¬Å¾Ãƒ  Ã‚ ¸Ã‚ ¡Ãƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¹Ã†â€™Ãƒ  Ã‚ ¸Ã…  Ãƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¹Ã¢â€š ¬Ãƒ  Ã‚ ¸Ã‹â€ Ãƒ  Ã‚ ¹Ã¢â‚¬ °Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã¢â‚¬Å¡Ãƒ  Ã‚ ¸Ã‚ ­Ãƒ  Ã‚ ¸Ã¢â‚¬ ¡Ãƒ  Ã‚ ¸Ã‚  Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã‚ ©Ãƒ  Ã‚ ¸Ã‚ ²,tabooà  Ã‚ ¸Ã…“à  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¸Ã¢â€ž ¢Ãƒ  Ã‚ ¹Ã¢â€š ¬Ãƒ  Ã‚ ¸Ã… ¾Ãƒ  Ã‚ ¸Ã‚ ¥Ãƒ  Ã‚ ¸Ã¢â‚¬ ¡, à  Ã‚ ¸Ã¢â‚¬Å¾Ãƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ²Ãƒ  Ã‚ ¹Ã¢â€š ¬Ãƒ  Ã‚ ¸Ã‚ £Ãƒ  Ã‚ ¸Ã‚ µÃƒ  Ã‚ ¸Ã‚ ¢Ãƒ  Ã‚ ¸Ã¢â€ž ¢Ãƒ  Ã‚ ¹Ã‚ Ãƒ  Ã‚ ¸Ã… ¾Ãƒ  Ã‚ ¸Ã¢â‚¬ ¡Ãƒ  Ã‚ ¹Ã¢â‚¬Å¾Ãƒ  Ã‚ ¸Ã‚ ¡Ãƒ  Ã‚ ¹Ã‹â€ Ãƒ  Ã‚ ¸Ã‚ ªÃƒ  Ã‚ ¸Ã‚ ³Ãƒ  Ã‚ ¸Ã¢â‚¬Å¾Ãƒ  Ã‚ ¸Ã‚ ±Ãƒ  Ã‚ ¸Ã‚  A project commissioned by the British Broadcasting Standards Commission in 1999 investigating audience attitudes towards taboo words, found that just over half (54%) of the respondents thought that there was too much swearing and offensive language on television However, other participants, notably those who travelled on the bus each day, were in agreement that Taboo English was being heard more frequently in the public arena. I am becoming more aware of younger people swearing more openly, publicly and with more confidence than ever before. When I travel by bus, I hear most of these words quite frequently. Especially in the mornings from high school students. If the pedestrians are passing groups of school children they will hear a lot of swearing.

Monday, January 20, 2020

Stephon Marbury :: essays research papers

	Stephon Marbury is a basketball phenomenon. Mr. Marbury has been known by the basketball world at the young age of eleven. Many pressures and confrontations have encountered Mr. Marbury throught his entire basketball career. These began when he was a young child and they still accompany him. 	Many people from Brooklyn, New York, the city in which Stephon Marbury was born and raised, have known about his basketball skills for an extremely long time because "...he was dribbling on a court not long after he was dribbling on his bib"(Ryan, 56). Mr. Marbury described himself as mouthy and inconsiderate. He loved to "talk trash" to opposing team's players and even their coaches. In 1988 Hoop Scoop, a recruiting newsletter, anointed him the bext sixth-grader in the nation...Up to that point, Marbury says, "I wasn't a very nice kid. I thought I was it. It was y'all supposed to talk to me, I'm not supposed to talk to y'all. i'd just come out on the court, just talk junk, with this walk and this look." In CYO ball he woofed at opposing coaches: I'm just killing your guards. Get someone out here who can stop me(Wolff, 62). 	By the time that Mr. Marbury was a Sophomore in high school at Abraham Lincoln High School in Brooklyn, he had changed his act. He learned to treat everybody with respect and to be a professional person. He had also tattooed a panther onto his right arm. He said: "A panther is quick and smart and always alert to everything. He's sitting on top of a mountain...That's where I want to see myself" (Wolff, 62). 	Mr. Marbury had great pressures exerted on him to put up big numbers. He was frustrated that very few people could comprehend how much pressure was exerted on him to do this. Mr. Marbury even had international recognition by making the covers of magazines in France and Germany. A news show on the American Broadcasting Company, "Nightline", profiled him. Mr. Marbury says: It's real hard for people to understand if they don't come from New York, I was scrutinized for every little thing. In high school, I was like what Michael Jordan is to the NBA. I had to be on top of my game every day. Everybody was gunning for me(Ryan, 54). 	Mr. Marbury met another high school basketball phenomenon from South Carolina, Kevin Garnett. They both currently play on the Minnesota Timberwolves.

Sunday, January 12, 2020

Does Ma Relevant

Has The Management Accounting Information in Malaysia Losing Its Relevancy? Rosniza Binti Ramli Universiti Teknologi Mara, Malaysia. Abstract Malaysia is one of the developing countries that affected by the globalization process and emerging economic environment throughout the world. To be sustain in future, Malaysia organization especially should cope and response effectively with the changes in economic sector. But, has the management accounting information can help the manager in making good decision for their organization?Does management accounting in Malaysia also evolve or changes due to an emerging economic environment? Research papers on Relevance Lost: The rise and Falls of Management Accounting and Evolution of Management Accounting (IFAC, 1998) will be discussed further in this research in order to have better understanding about changes and evolution of management accounting in Malaysia. This research done by reviewing the prior research, articles, thesis and journals. Th e changes and evolution has been found based on the reviewed of prior research.Introduction Research papers on Relevance Lost by Johnson and Kaplan found and gave us the picture of the rise and fall of management accounting throughout the centuries. The authors explored about nineteenth-century cost management system, efficiency, profit and scientific management on 1880 to 1910 until management lost its relevance on 1980s. Furthermore they analysed and explored the new global competition and new systems for process control and product costing and also performance measurement system for the future.In nineteeth- century, companies having a transformation process from two or more process into a single economic activity. In all cases, the information focus on how to improve the process of managing the resources effectively and also do determine the sources of companies profit. In late nineteenth-century, conversion cost system was emerged to systematic management where focused on determ ination of correct information about efficiency of workers in mass-produced complex machine –made. Taylor and Emerson devised new accounting procedures to assess the efficiency of the task and processes in complex machine-making firms.Futhermore, Church’s devices to use product costing in order to determine how much profit of individual product contribute to the firm’s overall profitability. But, G. P Norton rely on th standard cost information and comparing an integrated multiprocesstextile company’s performance with profit earned internally. After 1900, the integrated firms developed system to track the performance of the company and use one common denominator, return on investment that give attention to the amount of capital invested in the enterprise.Furthermore, after 1900, based on discussion on cost accounting’s lost relevance for cost management, the managers not compile accurate product costs data and affect their judgement on the costs an d benefits of such information not lost sense of the relevant information to management decision. The inventory costs information did not reflect the accurate guide to determine the product cost and in complex real-word setting, it also not relevant for actual management decisions.When multidivisional organization first appear around 1920, they used ROI (return on investment) targets to assess the performance of managers. On 1980s, the author claimed that contemporary management accounting systems were became obsolete and affected the large organization. The information provided were not help in reflected the effective and efficiency of internal process. Besides that, the organization were became vulnerable to competiton and more focused organization. In the nest chapter, authors discussed the new global competiton of the 1980s.The revolution of economic condition were contributed by the Japanese manufacturing where develop the innovative practice in management accounting such as to tal quality management, just-in –time inventory system and computer integrated manufacturing system. Most of the firm more focused not on the reducing cost of product but on the different strategies to attract customer with special product and services. In other word, competitive advantage that made organization more competitive than their rivals.They were more interested to create the value of the firms and how to create long term economic wealth. Since the early twentieth century, technology has taken part and eliminated all manual operation and replaced with digital technology. Products can be processed using machine for controlled manufacturing operations company. Furthermore, the new challenges to the firm is to develop the new approach, tools and technique to design the effective cost accounting, management control and performance measurement system.Other than that, the authors also discussed on process control and product costing systems. The objectives requires separa te system for financial reporting, process control and product costing because each systems have different time frame for the activities, where process costing reported hourly, daily, weekly. Financial reporting system reported annually and quartelly and product cost information requires a longer time horizon. They also differ in terms of traceability and allocation, behaviour, set of relevant costs and audiences.In the last chapter, authors argued that existing sytems are not posible to measure the performance of the firms. The short-term financial performance measurement has been undermined by changes in technology and innovation in the firms production operations. The measurement should be reflects the greater complexity of product and process in the firm and consisten with the firms goal and objectives. Firm should also need to determined the inadequacy of any single financial measure in order to summarie the economic performance of the firm during short periods.Research paper o f Evolution of Management Accounting (IFAC, 1998) were discussed the evolution of management accounting by Financial and Management Accounting Committee (FMAC) of the International Federation of Accountants (IFAC). They claimed that management accounting has developed through four evolutionary stages under Western approach. First stage, prior to 1950 focus was on cost determination and financial control and the main source of data was from financial statement. On that time, ratio and financial statement analysis were very popular.The second stage, years of 1965, focus changed to the provision of information for management decision-making, planning and control such as decision analysis and responsibility accounting. The techniques that support the decision analysis were Cost-volume –profit, and marginal costing. By the year 1985 in the stage three, attention was focused on the reduction or managed the waste in business resources, through the elimination of non-value added acti vities, use of mathematical formula such as Economic Order Quantity (EOQ), inventory evaluation such as FIFO, LIFO and multiple regressions.The fourth stage by 1995, focused had shifted to the generation or creation of value through the effective use of resources, through the use of technologies which examine the drivers of customer value, shareholder value and organizational innovation. The advanced management accounting methods that were popular such as Just-in-Time (JIT), Balanced Score Card, and Strategic management. IFAC (1998) had identified most of the developed countries had shifted to this stage between the years of 1985 to 1995.Japanese or Eastern perspective on the evolution of management accounting also consists of four stages, namely Drifting, Traditional, Quantitative and Integrative Management Accounting. The drifting management accounting such as ratio analysis, traditional such as budgetary control and standard costing, while quantitative such as mathematical formul a and equation and integrative such as JIT, Target Costing and Kaizen. Literature review Based on the review of the prior study, there are some purposes to be review. First, the problems with modern US cost accounting and management control system and challenges and recommendation to overcome it.Second, changes in management accounting practices in Malaysia. Third, the rise and fall of activity based costing. Forth, the management accounting practice in selected Asian country. Fifth, the current state of mangement accounting practice in selected Malaysian companies. Problems, challenges and recommendation of modern US cost accounting and management control system The problems arose in the cost accounting and management accounting were, the business ran by the manager based on the financial performance or in numbers.Johnson and Kaplan addressed that the process of cost and management accouting have developed to the stage where senior executives believe they can run their firms by the numbers (p 15). They were recommended that the firm should relates the human performance in organization both internally through management accounting and externally through financial accounting. They also suggested that Western approach to managing by the numbers, based in financial measure of control were became powerful of control in US and increasingly in UK business organization and remain acceptable in Japanese industry.Based on the prior research Mahmoud Ezzamel (1990), he and collegues criticts on the suggestion by Johnson and Kaplan and gave alternative ways of acounting for the problem with cost accounting. They do not agree with the precise history that Johnson and Kaplan told, with the understanding of accounting and its power to which their history leads them. They told a history that basically good but went increasingly wrong. Mahmoud Ezzamel also argued that cost management based upon accounting has problem and bound to be problematic and that this is what the histor y of 19th century accounting such as how to find true cost shows.From the historical development of cost management and cost accounting, Johnson and Kaplan derive a diagnosis of the causes of a modern ‘disease’. Changes in management accounting practices in Malaysia Malaysia has moved towards global competitivenesss, this changes makes manufacturing companies in Malaysia need to ensure their business operation and management cope with the current changes. ( Tuan Zainun, 2011). This prior study carried out to investigate how changes in Management accounting practice took place in Malaysia companies.Following Johnson and Kaplan (1987), MAP have been further developed for better decision making and management control. Globalization has brought the new and advanced technology and made a developing country open to greater competition (Kassim et al, 2003). This condition were affect the MAP in a business organization in order to fit the changes in the business operation. This study can be an evidence that the management accounting information change due to certain reason and made it relevance to be used by the companies. The rise and fall of activity based costing.Activity based costing tool can help the firm to determine the cost effectively based on the cost pool and cost driver. ABC is still the most appropriate cost system in management accounting. Many advantages of using ABC system in the firm such as ABC data is more accurate and reliable than traditional costing. It also can be used for decision making and performance evaluation. Furthermore, Kaplan, Weiss and Desheh (1997) reported the successful implementation of ABC transfer prices at Pharmaceutical Industries, which diminished the endless disputes between the marketing and production departments.ABC also handles overhead costs and leads to a better understanding of the cost drivers that generate these cost. Besides that, ABC also suitable to implemented by the service organization sucha s go vernment organization, insurance firms and banks. But, ABC also have the weaknesses such as ABC is based on subective arbitary cost allocations where ABC costing system more complicated and cannot predict profits and not adequate for decision making. ABC also ignores constraints and not take an account a bottleneck. The cost of the various products are irrelevant for product mix decision.ABC regards the relation between activities and resource consumption as linear, absolute and certain, where in reality the cost is discontinue. Even though most of firms tried ABC ultimately decided to abandon it, they did seem to regard it favorably, based on many case studies and articles (R. Cooper and R. S. Kaplan, 1991). ABC should emphasize the need to focus and cut down the cost of operational complexity. Management accounting practice in selected Asian country Prior study by Maliah Sulaiman observed the management accounting practices in Asian countries, Singapore, India, Malaysia and China. Authors claimed to be excellent in running the business and to be competitive in the global economic, firm should use the advance management techniques such as Just in Time, ABC, TQM and process re-engineering. Various authors have argued that traditional budgeting and cost volume profit analysis are no longer adequate to be used as planning andd control tools in the present manufacturing environment (Brownwich and Bhimani,1994). Many have predicted that traditional tools cannot cope with the changes of the shorter product life cycles, advanced manufacturing technologies and global competition.Its very important to determine the practices of management accounting in the real world because it can help the academician to have an accurate pictures for their teaching, if not, the accounting curriculum should be change to better reflect the needs of industry. Willett et al (1997) concern that studies on the management accounting practices in this region lag behind studies in financial ac counting. Choi and Mueller, 1992 cited that accounting is a product of it environment, means accounting is shaped by the environment, so different countries have different practice on mangement accounting.The current state of mangement accounting practice in selected Malaysian companies Prior study, Ghosh and Chan (1997) indicated that management accounting practice in Singapore, many of the firms already used various of management accounting techniques but not more used new technique such as the ABC and TQM system. Most of the local company were not competitive and lag behind the multinational companies. The study also indicated that Singapore companies not improve their management tools since 1997. they also avoided of used the advanced toos because they claimed that the implementation of the dvanced tools required complex process and additional resources needed. Then, Adelegan (2001) were studied on companies in Nigeria, where most of the companies only focused on process of cost determination and financial control uing budgets and cost accounting technologies. They has fully in the second stage and on the move to the third stage of evolution. Nishimura (2002) that conducted research on the Japanese affiliates in three Asian countries of Singapore, Malaysia and Thailand claimed that most of the companies in that countries had shifted from the traditional management accounting practices to the next stage of evolution.It was also found that some of the companies were move towards by using the advanced management accounting technique. There also research conducted in Malaysia that studied on the small and medium industry by Omar, Abdul Rahman and Zainal Abidin in year 2002. The research found that SMIs in the Klang Valley were still relying on the simple and not complicated management accounting practices such as budget and standard costing but they seemed to have acceptance of the advanced management accounting techniques and there was a positive trend toward s the implementation of these new techniques in the future.Findings The result from the review of the articles, found that, Johnson and Kaplan rediscovery the management accounting system in the nineteenth century history is more about the practical business management not only the historical question. These major achievements were important to the international management accounting and culture. But, in the 1980s, the management accounting has been developed. Then due to modern process of production technologies and global competition, the information was become irrelevant.They claimed that the cost accounting is by-product of the financial accounting, so firms decided not to maintain Management accounting system separated from financial accounting system because of too expensive for them. Besides that, the irrelevance became worsen due to short-termism where the financial accounting only focuses on the short-term results, the control function, timing being too aggregated and unhel pful to organization. Then the academic accounting also failed to focus on the routine financial accounting consistently and the academic writing has lost touch with real world concerns.Furthermore, the major innovations in US firms lead to the failure of the MAS to provide managers with the information they need. The recommendations There are third recommendations by Johnson and Kaplan, first MAS should render more relevant time frames for the activities undertaken by the firm, where should have reporting cycle specific with the process control such as daily, weekly or hourly. In product costing, MAS should change the short –term decisions in management accounting texts into longer time horizon to have better strategic decisions.Second, the allocation of the cost between product and process control should be different to be focused on flexible budgets. Then the cost allocation for the product should be trace in order for the firms to develop strategic decisions on the produc t development and discontinuance. Third, the future performance measurement should be based on long term measures, not forgotten the non-financial indicators to highlight the firms performance in many areas such as marketing and manufacturing.The changes of Management accounting practices in Asian country Furthermore, from the reviewed of the articles and journals, found that the Management Accounting practices have a significant change in traditional and advanced MAP in Malaysia manufacturing companies from 2003 to 2007. The changes might be because of changes in the business environment and the competition and advanced technology used by the firms.This factor encourages the emergence of MAP in order to serves the organization with the accurate and reliable information to make a better decision in achieving the objectives of the organization. It also found that the manufacturing companies in Malaysia relied on the foreign multinational companies for export. This condition leads to sharing or transferring the advanced MAS to be adopted by Malaysian manufacturing companies. Besides that, the result showed that the increased in the use of MAP in manufacturing companies in parallel with the advanced technology used in the manufacturing.The changes also shows that the management accounting in Malaysia recently have through the process of evolution and keep changes to cope with the business environment challenges. In the other hand, management accounting practices in Asians countries such as Singapore, India, Malaysia, and China the evidence reviewed suggest that there were not used the contemporary management accounting tools as a whole. For example evidence in India, most of the company still uses traditional management accounting techniques (Joshi, 2001).They resistance to change to the new tools were because of the manager perception and culture that risk averse or not a risk taker. They also claimed that a lot of cost will incur in implementing the new tools i n their organization. Same goes in Singapore where most of the companies used the traditional tools because they claimed that no reasons for them to change to the new tools. It also due to lack of expertise, knowledge and top management support to implement the new tools of management accounting.In Malaysia and China, most of the company there also still uses the traditional method and they claimed maybe they will change to new tools such as Balance score card and ABC in the next five years. Based on other articles, the current state of management accounting practice in Malaysia, there have seven techniques of management accounting that popular such as, budgets, income statement analysis, cash flow analysis, balance sheet and financial ratio analysis, cost and benefit analysis and finally the product costing.This is indicated that the stage one and stage two of management accounting still be practice by selected Malaysian companies. For the use of stage three and stage four among th em are extremely low. But most of the selected companies in Malaysia have evolved into the third and fourth stage of management accounting evolution. (Rosmawati, 2004) In order to enhancing the management accounting practice in Malaysia, the professional body should have unit to implement and promotes the use of advance management accounting practices.Furthermore, academician and also practitioner, or business organization should work together and discuss further about the needs and roles of management accountant in order to develop new definition of the management accounting in the country. It’s important to build a communication between the academician and practitioner because practitioner should informed the changes of the practices uses in organization to academician, so it will help in constructing the better curriculum for students that can reflects the real world practices.Other than that, proper planning should be constructing to educate the practitioner and also publ ic by conducting the seminar in management accounting, so they will alert and realize with the evolution and new techniques in management accounting. Next, academician especially should be encouraged to write the articles, journal and research that reflects the evolution of the current management accounting practices. Then, it should be publicize in the magazines in order to spread the new information regarding the new management accounting practices to the business organization or public. The rise and fall of Activity based costingActivity based costing now still being used in most of the companies in the world, even though the system have problem because many organizations regard their cost systems for financial reporting, decision-making decentralization, price justification, control and performance measurement. But, ABC requires more efforts and skills without better results, so, the alternative are to hold to the traditional cost system. Prior case study, Y. Eden (2002) said it was disappointment with traditional cost accounting and lack of appropriate alternatives that prompted the initial enthusiasm for ABC.Managers also felt that the traditional cost accounting is not relevance, so they should do something to overcome it. Even though most firms that tried ABC decided to neglect it, they did seem to regard it favorably. However, the benefits to the firms not from the cost allocation data but from the ABC pilots involved thorough analysis of processes and costs and drew attention to neglected aspects of organizational activities. ABC systems just need to focus and to cut down the cost of operational complexity.But when manager realized these lessons, the complex data not make the improvements, so they used non-financial measurements. Conclusion From the reviewed, the management accounting practices and information in Malaysia will lost it relevancy if process of evolution did not take into action. Due to rapid changing in the global business environment, management accounting information should not lag behind it in order to stand in line with the advanced technology changes. With that, Malaysia should start to implement the advanced management accounting techniques in managing and control the business activities.It’s important to help them use the resources effectively and to measure the performance efficiently. New advanced management accounting practice implementation will contribute significantly for creating the value and also to maintain the sustainability of the organization in the future. Management accountant also should play role and becoming a part of management team in the organization. This is to make sure that the management accounting information will remain relevant in the new challenging business environment.Nishimura (2003), management accountant should work together with other practitioner such as engineer, marketing directors, designer and product directors so management accountant will understand more the ir work field and they will share opinion and recommendation with fulfill the various needs and goal from different departments and then come out will ultimate goal and objectives that can help the organization to achieve it successfully. Moreover, the suitable changes in their MAP especially in manufacturing companies should maintain effectiveness of the business activities.The advanced and traditional system should be used both to compliment and substitute for each other. When the traditional system can be useful and able to provide some information, the organization should adopt new advanced system to assist the more useful information to make decision. But when the traditional system fail to provide useful information, then it should be replaced with a more advanced system. This is very crucial to the management accounting and should be careful when making decision on what MAP that suitable for the condition of the business. If not it might be jeopardize the firms’ perfor mance. References H.Thomas Johnson, Robert S. Kaplan. (1987), â€Å"Relevance Lost: The Rise and Fall of Management Accounting, Harvard Business School Press, Boston, Massachusetts. Rosmawati Mahfar, Normah Omar. (2004), â€Å"The current state of Management Accounting practice in selected Malaysian Companies: An empirical evidence†, Universiti Tenaga Nasional, International Business Management Conference 2004. Mahmoud Ezzamel, Keith Hoskin and Richard Macve. (1990), Managing It All By numbers: A review of Johnson & Kaplan’s ‘Relevance Lost’†, Accounting and Business Research, Vol. 20, No. 78, pp. 153-166, 1990. Maliah Sulaiman, Nik Nazli Nik Ahmad and Norhayati Alwi. 2004), â€Å"Management Accounting Practices in selected Asian countries: A review of the literature†, International Islamic University Malaysia, Kuala Lumpur. Tuan Zainun Tuanmat, Malom Smith. (2011), â€Å"Changes in management accounting practices in Malaysia†, Asi an Review of Accounting, Vol. 19 Iss: 3 ppp. 221 – 242. Nitza Geri, Boaz Ronen. (2005), â€Å"Relevance lost: the rise and fall of activity- based costing†, Human System Management 24 (2005) 133-144 IOS Press. Martijin van der Steen. (2011), â€Å"The emergence and change of management accounting routines†, Accounting, Auditing & Accountability Journal Vol. 24 No. 4, 2011 pp. 502-547.

Thursday, December 26, 2019

The Success And Potential Problems Of The Company

Introduction With the rapid globalization of the market, innovation tends to be increasingly important in service industry and service management literature. In order to attract more attention, many enterprise start to operate the business in some new strategies. Club Mediterranee, as known as Club Med, is a specific example in the service industry. Case ‘Club Med’ is an evaluation case. This essay aims to critically analyze the success and potential problems of the company by using SWOT analysis. Background Information Club Med, started by Gerard Blitz and oriented as a nonprofit sports association in Europe in 1950, is a global hotel company that directly and indirectly sells the low-price vacation package to customers through travel agency and reservation center. Due to the rapid growth of the association, Blitz invited his friend Gilbert Trigano, a tent supplier, to be the managing director of the company, which helped Club Med transform to a commercial company. In 1972, Club Med. Inc., a U.S. subsidiary, was formed by Trigano’s son Serge and later the stock were sold on New York Stock Exchange. Serge moved back to Paris until Jacques Giraud took over the CEO and president of Club Med Inc. At the same time, the company published that it had been traded on the Paris Stock Exchange. Until now, Club Med has expanded to ninth-largest hotel company in the world, which only faced few competitors around the world. The services covered ‘American Zone’, Europe, Asia, and SouthShow Mor eRelatedRehearsal of a Negotiation Plan1228 Words   |  5 Pagesviews and grievances. As such the rehearsal process will consist primarily of articulating the value proposition we can provide to our potential partner. Through articulating the value proposition, much care will be given to alleviating and addressing in negative sentiments the potential partner may have regarding the merit of our service. This will be crucial to success during the negotiation as a genuinely understanding of the opposition is required in order to appropriately address any issues thatRead MorePriua1542 Words   |  7 PagesStrategy Case Toyota Motor Corporation – Launching the Prius Executive Summary: Hiroshi Okuda, Toyota Motor Company is most recent appointed president, must decide whether to continue endorsing the project committee in charge of developing a fuel-efficient vehicle, the Prius. The project is made to be a shift for Toyota; yet developing the prototype has represented a large cost for the company since the technology needed to be created from scratch. Toyota has been recently criticized for producingRead MoreWeight Watchers Case Study Essay1731 Words   |  7 Pagesimproving their life through healthy living. Weight Watchers will be easily accessible for all individuals desiring to improve their lifestyle and will receive exceptional service. Services will be recognized as a superior value. III. APPARENT PROBLEM Weight Watchers is facing the issue of increased competition and cost concerns with a large majority of the population impacted in some fashion by the economic downturn. In addition they have to overcome the stigma of being viewed as the priorRead MoreEssay On High Performing Teams1714 Words   |  7 PagesAttracting and building high performing teams is a key to success for every business and brand today. In fact, there is no bigger factor in driving a company’s long-term growth and success.    Whether it’s scaling a large organization or building a new company like Fjuri, I’ve found best practices to hire and develop top talent while focusing on the leadership traits and culture result in a high-performing team. As HR leader building teams for companies such as Microsoft and Amazon, I worked with leadersRead MoreDiversity Promotes A Higher Potential Of Success For A Company Essay1543 Words   |  7 PagesAlbert Einstein once said, â€Å"We cannot solve problems by using the same kind of thinking we used when we created them.† In other words, we need different ideas to come to an optimal solution. Diversity encompasses a variety of differences between people in this world. Each individual is classified to be different from one another whether it is from age, gender, race, personality, education, background, experiences, and more. Varying viewpoints provides a team with a larger pool of ideas to work withRead MoreAnalysis Of Howard Gardner And Claudio F ernandez Araoz953 Words   |  4 Pagesachieve success, they should be more open-minded to accept new thoughts of talent spotting instead of still indulge in the old days’ success. They need to adapt to the technological change and meet market demands by reshaping their skills and competencies, and thus improve their levels of leadership. On the other hand, it is very necessary for the job seekers to understand and acquire skills that are expected from the employers. Because that’s the most effective way for them to achieve success in theirRead MoreMkt/421 Week 3 Individual Assignment- Marketing Research Analysis: Kudler Fine Foods1137 Words   |  5 Pagesin Del Mar, La Jolla, and Encinitas. Kudler Fine foods offer gourmet quality imported and domestic food products including bakery items, meat and sea food, produce, cheese and diary, and wine. The Kudler Fine Food operation is experiencing great success and opportunities for further growth are abound. Kathy is curr ently focusing on expanding her organization, and is seeking a suitable spot for her next shop. The Kudler Fine Foods mission statement is to â€Å"provide their customers with the finest selectedRead MoreInternal And External Analysis : Injector Scanner Gun Essay1514 Words   |  7 Pagesname and skilled employees and relevant experience of the industry etc. that may create some strengths or weaknesses for the product’s success and external analysis that contains overall political situation, economic conditions and social and technological situations and the range of competitors etc this create the opportunities and threats for the product’s success. Let’s examine each one by one. (PlesnicÃŒÅ'ar Zaletel-Kragelj, n.d.) (Johri, 2010) Opportunities The product is related to a cause whichRead MoreCook Out is a restaurant that has been recently opened in the Hampton Roads area. This new1700 Words   |  7 PagesEven though the restaurant has the potential to deliver better services, there have been little efforts to train the employees to realize their full potential. These employees are vital to the success of Cook Out restaurant as they are in constant contact with new customers. Our consultation company has been involved in developing and planning training programs for medium sized and small restaurants in the state of Virginia. These programs have enabled the company staff to make great strides in careerRead MoreNew Communications Technology And Its Impact On The World760 Words   |  4 Pageshave had their tastes and perceived needs affected(Cateora, P., Gilly, M., Graham, J.). The definition given for Global Orientation is as follows: A means of operating by which a company acts as if all the company s markets in a company s scope of operations were approachable as a single global market, with the company standardizing the marketing mix where culturally feasible and cost effective(Cateora, P., Gilly, M., Graham, J.). In short, Global orientation is an approach wherein a business

Wednesday, December 18, 2019

The United Kingdom Is An Island Nation Off The Coast Of...

The United Kingdom is an island nation off the coast of the continent of Europe. The nation is comprised of England, Wales, Scotland, and Northern Ireland. The Country has a total area of 93,628 square miles. The total a total population of the United Kingdom in 2015 was 65,092,000 people, which is comparable to its neighbor France. A majority of the population are located in urban areas, only 17% of the population live in rural areas. The average life expectancy for its citizens is 80 years (â€Å"United Kingdom† Encyclopedia). The nation has had a long journey after World War 2. During in which the government owned and operates many different companies. The United Kingdom’s economy was recovering a sluggish pace. In the 1970s the UK joined the European Economic Community which has assisted them in getting them to where they are now. In addition the election of Margaret Thatcher as the prime minister in 1979, who ushered in capitalist polices which have shaped the Unit ed Kingdom’s modern economy. Arguably without Margaret Thatcher’s polices and admission in the European Economic Community the United Kingdom may still be trying to recover from World War 2. In 1979 when Margaret Thatcher became Prime Minister she began to privatize state owned companies and to sell some off. Before she became the Prime Minister the government controlled all telecom services, utilities, and some of the oil companies (Seymour, Richard). In addition she also passed legislation, which took away someShow MoreRelatedWhy Did China Fall Behind Europe in the 15th Century?1518 Words   |  7 PagesWhy did China fall behind Europe in the 15th century? In my opinion, the main reason that China fell behind Europe in the 15th century is the closing down of itself with other civilizations and the banned international trades strategies which severed the communication and connection of the Chinese people with the outside world. And in the same time the rapid growth of the European countries had boosted those civilizations in the other direction thanks to the newly discovered resources on the otherRead MoreAustralia and Oceania.2798 Words   |  12 Pagesprofound and radical transformations in the recent years (Eastern Europe and former Soviet Union). Due to the macro-scale of analysis, the most important criterion is general functionally; the uniqueness and homogeneity come second. The typology of main regions of the world is based on a macro-economic indicator, GDP per capita, that sets apart eight regions: North America, Latin America and the Caribbean, Western Europe, Eastern Europe and Russian Federation, North Africa and Southwest Asia, Sub-SaharanRead MoreThe Tragedy Of The Trans Atlantic Trade Of Africa2476 Words   |  10 PagesAni coined the term Maafa to encapsulate this field of interest. Maafa is the Kswahili (Swahili) word for disaster. In studying the Maafa, a focus is concentrated on the effects that the European ideal of capitalism has had directly on Africa as a continent, but also gives attention to the factors that led to this ideal just like how any analysis of history looks at the cause and effect of an event. The reason Maafa is important is that upon the rediscovery of Africa’s history prior to its oppressiveRead MoreApush Terms Chapter 1 a People and a Nation Essay examples4705 Words   |  19 Pageslarge settlements after the incorporation of corn during the first millennium A.D. The Anasazi: New Mexico tribe that destroyed a region with deforestation Cahokia: The Mississippian culture flourished in what is now the midwestern and southeastern United States. Relying largely on maize, squash, nuts, pumpkins, and venison for food, the Mississippians lived in substantial settlements organized hierarchically. The largest of their urban centers was the City of the Sun (now called Cahokia), near modernRead MoreThe European Union1405 Words   |  6 Pagesconsumption by renewable sources by 2030. While this goal is in part motivated by environmentally concerns, with commitments to climate change in mind, it is also politically motivated. Europe energy needs are currently heavily dependent on natural gas, which is mostly imported from Russia. This arrangement puts Europe in danger from Russian blockades and political pressure. The crash of the Malaysia Airlines flight MH17 renewed tensions between Brussels and Moscow. EU Commissioner for Energy GuntherRead MoreThe European Union1345 Words   |  6 Pagesconsumption by renewable sources by 2030. While this goal is in part environmentally motivated with commitments to climate change in mind, it is also politically motivated; Europe is currently heavily dependent on natural gas for its energy needs, with much of this natural gas imported from Russia. This arrangement puts Europe in danger from blockades and economic pressure from Russia. The crash of the Malaysia Airlines flight MH17 renewed tensions between Brussels and Moscow and EU Commissioner forRead MoreDiscovery of America6704 Words   |  27 PagesChristopher Columbus and crew | Location | Americas | Date | Between 1492 and 1506 | Result | European exploration of the Americas | In the early modern period, the voyages of Columbus initiated European exploration and colonization of the American continents, and are thus of great significance in world history. Christopher Columbus was a navigator and an admiral for Castile, a country that later founded modern Spain. He made four voyages to the Americas, with his first in 1492, which resulted in whatRead MoreEuropes Second Logistic5530 Words   |  23 Pagescombination of adventurous spirit, pious sentiment, and brutal behavior that characterized the explorers and conqueror?. After a century of decline and stagnation Europes population began to grow. In the middle of 15 th century the population of Europe as whole was 45-50 million, its about 2/3 less than it was before the plague. By the middle of 17 th century the population was 100 million, in view of the stagnation and decline that occurred in the first half of the 17 th century. What caused thisRead MoreColonization of the New World3463 Words   |  14 Pagesgiven. Nor is there any single prevailing reason general enough in scope or comprehensive enough in nature that could encompass all groups, all nations, and all individuals at all times. In order to even begin to efficiently address this question one would need to analyze all primary source materials available examining singularly each group s, each nation s, and each individual s given reasons that led them to make the decision to be a colonist within the particular time periods they made themRead MoreGlobal Business Cultural Analysis : Irelan d3864 Words   |  16 Pages autonomous nation situated in northwestern Europe. The nation s official name is the Republic of Ireland. Dublin is the capital and biggest city. The nation possesses around five-sixths of the island of Ireland. The staying one-6th of the island is possessed by Northern Ireland, which is a piece of the United Kingdom of Great Britain and Northern Ireland. In Gaelic, the antiquated dialect of Ireland, the nation is called Eire (maintained AIR uh). Gaelic and English are the nation s two official

Tuesday, December 10, 2019

Recognition And Marketing Strategy Company â€Myassignmenthelp.Com

Question: Discuss About The Recognition And Marketing Strategy Company? Answer: Introducation A budget is termed as a financial statement of a company in which it plans its estimated revenue and its expenditure in a year. It also plans the budget the company wants to invest in the campaign or a project to get potential benefit from it. It is thus much more than just an accounting tool. This is because it also helps the company to plan and manage its fianc over the year. Moreover, the company can also estimate it profit and loss at the end of the year after looking at its budget plan. Budget allocation on the other hand is the way of allocating or distributing the total budget available among various credentials and work designated to achieve the actual motive of the project (Geyik et al. 2014). The budget allocation provided here gives the allocation of the financial of Active Feet to carry out its online marketing work effectively. It will divide the total budget of the company $2 to $2.5 million among various variable that will help them to achieve the maximum success from the campaign. Items Budget Allocation (in $) Decreasing Spend (in $) Email Marketing 50,000 Social Media 50,000 Online Advertising 150,000 Mobile Advertising 50,000 Event Sponsorship 500,000 Video Production 500,000 Content Creation 200,000 Radio Advertising 200,000 -100,000 television Advertising 200,000 -200,000 Print Advertising 100,000 -200,000 Total 2,000,000 Figure: Budget Allocation Source: Author Creation Figure: Budget Allocation Source: Author Creation The above figure shows the budget allocation of Active Feet for its advertising campaign in the near future. The company has a total budget of $2 million within which it will allocate its finance among various sources of advertising tools. It can be seen that the company will allocate $ 50,000 in each of its marketing tools such as email marketing, social media and mobile marketing (Vinerean et al. 2013). However, it will invest $500,000 in event sponsorship and video development. Further $200,000 will be invested in content creation, radio advertising, and television advertising (Lupiez-Villanueva et al. 2016). However, the company will also decrease the investment on traditional way of marketing sic as print media, television marketing and radio marketing. This is because the company used these tools previously and witnessed that it is not earning them any increase in sale at present. This is because the type of footwear the company offers are mainly used by youngsters and at prese nt the young generation are very much engaged in online platform rather than using traditional tools such as reading newspapers, listening to radio and others. In fact radio is not used by the new generation on a daily basis. Only the old generation prefers to listen to radio every day. The brand can put adds only on radio channels playing songs which still has some young traffic listening to them. Thus, the budget plan presented above will also help the company to analyze its sale and profit at the end of the year. This in turn will help them know the achievement of the online advertising campaign the company should take to increase the sale (Tuten and Solomon 2014). Evaluation criteria and Conclusion To achieve full success and utilize the marketing campaign planned above the company also needs to outline the success measures to be taken and the key performance measures that will help the company to know the success of the campaign they are taking for the growth of the company (DAmico et al. 2017). Some of the key success measure of the company can be: First if the financial viability, which will help the company to measure its financial condition and the growth in its finance from the online campaign, it is taking for sale growth. Second is the customer satisfaction, which is the most important success measure as the company taken up new plan only with the aim to satisfy its customers. Thus by the amount of customer satisfaction the company will be able to measure the success of its campaign as well (Perrin 2015). Third is the employee satisfaction, which is yet another important duty of the company as it is only through good customer the company is able to carry out the campaign. Thus, by offering good salaries to employee and the satisfaction level in them the company can measure the success of its campaign. This is because the employees will be the active part of the campaign. Planning is yet another way a company can measure its success. This is because by proper planning the company can track the completion of the targeted task and the movement of the campaign. Thus, allowing the company to track its success as well. Key Performance Indicators Along with the key success measures, the company also needs to indicate its key performance indicators to know the way it is performing in the market (Parmenter 2015). Some of the important key performance indicators of the online marketing campaign put forward by the company is: Profit is the first indicator as it is the most important factor that influences the motive of the company to take any further investment in on the online marketing tool. Cost is yet another important KPI as it shows the ability of the company to manage its cost for the campaign with the aim to earn maximum profit. It is the way the company manages the operation of the business (Ruths and Pfeffer 2014). Customer Lifetime Value is also important along with the other two indicators because customer is the asset of eh business and they help the company to measure its value in the market. Thus, form the above analysis it can be concluded that Active Feet should take up online marketing platform for increasing its sale and profit over the next one year. This is because online marketing tool is being widely accepted by customers especially the young generation that the company wants to target over the next few years. For the purpose a budget allocation is made for the company with the total financial investment of $2 million over various online platforms. Some of the financials from the traditional tools has been cut down to meet the budget. Further some key success indicators and key performance indicators have been offered for the company. References Vinerean, S., Cetina, I., Dumitrescu, L. and Tichindelean, M., 2013. The effects of social media marketing on online consumer behavior.International Journal of Business and Management,8(14), p.66. Lupiez-Villanueva, F., Gaskell, G., Veltri, G.A., Theben, A., Folkvord, F., Bonatti, L., Bogliacino, F., Fernndez, L. and Codagnone, C., 2016. Study on the impact of marketing through social media, online games and mobile applications on children's behaviour. Geyik, S.C., Saxena, A. and Dasdan, A., 2014, August. Multi-touch attribution based budget allocation in online advertising. InProceedings of the Eighth International Workshop on Data Mining for Online Advertising(pp. 1-9). ACM. Tuten, T.L. and Solomon, M.R., 2014.Social media marketing. Sage. Parmenter, D., 2015.Key performance indicators: developing, implementing, and using winning KPIs. John Wiley Sons. DAmico, F., DAmico, F., Mogre, R., Mogre, R., Clarke, S., Clarke, S., Lindgreen, A., Lindgreen, A., Hingley, M. and Hingley, M., 2017. How purchasing and supply management practices affect key success factors: the case of the offshore-wind supply chain.Journal of Business Industrial Marketing,32(2), pp.218-226. Perrin, A., 2015. Social media usage.Pew Research Center. Ruths, D. and Pfeffer, J., 2014. Social media for large studies of behavior.Science,346(6213), pp.1063-1064.