Sunday, October 13, 2019

3 Areas of Exploration :: Drama

3 Areas of Exploration Hot-Seating ----------- Hot-Seating is where the audience asks you questions about your character. This technique is important in drama because it really makes you concentrate on the character that you are playing. You have to know your characters background & what type of person he/she is. Which in turn helps move your work forward, because you know more about your character Thought Tracking ---------------- Thought Tracking is where your character speaks his/her thoughts to the audience. This technique is important in drama because it reveals what a character is thinking without other characters, in the piece, knowing. For example: Luke: Are you coming out later? Steve: ok then. (Aside) Though I suppose I’ll be paying again. (To Luke) See you at 7. Forum-theatre ------------- Forum theatre is where a scene is enacted & watched by the rest of the group & at any point in the drama any actor/actress can stop the scene to ask to make a suggestion or can join in by suggesting a new role or take over an existing role. This technique is important in drama because it helps get ideas & move your scene forward. Midsummer nights dream Vs Staying Lost Introduction ------------ These two plays are different in every way. On one hand we’ve got a romantic comedy, midsummer nights dream, which deals with four lovers & fairies & on the other we’ve got a serious piece, staying lost, which deals with life’s issues. Similarities Both of the pieces had 3 different parts which came together at the end i.e. the teenage pregnancy, the unwanted child the rape story. Then at the end the 3 parts came together in a very effective scene where the victims behind a big gate & the other people were on the other side. The 3 parts in midsummer nights dream also came together at the end i.e. the lovers story, the fairies story & the workers story. Then at the end we all came together in a scene where the workers put on a play for the visitors. Another similarity is that we both pieces used thought tracking i.e. In staying lost in the pregnancy story when Carly was sitting on the stairs

Saturday, October 12, 2019

Eating Disorders in America Essays -- Anorexia, Bulimia

Food. It is essential for survival. Without it, people die. However, oddly enough, many struggle to live without it to accomplish the standards that our culture has created for us. We are taught that being thin is perfection and will lead to a happier life. However, lurking are the health risks that one pays for obtaining the â€Å"perfect body†. Still, along with a distorted body image, others struggle with keeping weight down and fall into the diet fads that the world parades. From movies, magazines, and television, the media also sends us messages that being fat is bad and unhealthy while being thin and beautiful is acceptable. The impact of such influences has increased eating disorders in America. These disorders do not discriminate. Anyone regardless of age, sex, race, or background can develop one and without help it can lead to death. Today, America is plagued with eating disorders such as Anorexia Nervosa, Bulimia Nervosa, and Compulsive Eating Disorders. Each has its own characteristics that distinguish the illness yet there are some similarities that they also share. According to the National Eating Disorders Association, as with most mental illnesses, eating disorders are not caused by just one factor but by a combination of behavioral, biological, emotional, psychological, interpersonal and social factors. Shockingly, they also report that in the United States, there are as many as 10 million females and 1 million males that are battling with eating disorders such as anorexia or bulimia. Additionally, another 25 million are struggling with binge eating disorders (www.NationalEatingDisorders.org). Typically, psychological factors such as depression and low self-esteem contribute to eating disorders... ... and attitudes. Whether it is a family or individual, they must set realistic goals that can be achieved. Consistence with their commitment is an important aspect in maintaining normal, healthy weight. Works Cited Epstein, Rachel. Eating Habits and Disorders. Chelsea House Publishers, New York, NY. 1990. Robbins Ph. D, Paul R. Anorexia and Bulimia. Enslow Publishers, Inc., Springfield, NJ. 1998. Warbick, Caroline. Just the Facts: Eating Disorders. Reed Educational and Professional Publishing, Chicago, IL. 2003. Ward, Christie L. Compulsive Eating: The Struggle to Feed the Hunger Inside. The Rosen Publishing Group, Inc., New York, NY. 1998. National Eating Disorder Association. What is an Eating Disorder? 2005. The Something Fishy Website on Eating Disorders. 2006.

Friday, October 11, 2019

Kenneth Nierman Essay

Kenneth A. Nierman (born 1954)(1)(2) is Founder and President of the Center for Bankruptcy Planning, and Principal of Adversity Financial Planners. His work to pioneer Financial Planning for Bankruptcy, is unparalleled. Mr. Nierman has been honored for his innovative work in advancing educational and entertaining economic concepts. One of his first economic papers was a discussion of a coming â€Å"Great Leveling† of the world economies. His first theorem on this discussion was available in 1987(doc). The Great Leveling was among the earliest neo-economic discussions about the effect s of improved technology in communication, creating a near-perfect, almost instantaneous, flow of information. It was a major factor in the breakup of the Soviet Union, and the early awareness of dictator oppression of their citizens. His theorem expressed that as information flow became instantaneous, that economies of third world countries would benefit tremendously at the permanent and unrecoverable loss of the economic world powers. This would not mean that third world economies would become equally as rich as the world leaders it would simply mean that the incremental increase in the existing standard of living would seem exponential and people in those countries would feel substantially wealthier. It would also mean that the great world economic powers would experience a loss of current standards of living. A decrease so much so that the people in those countries would experience economic and emotional pain beyond anything they had previously experienced. The Great Leveling would create a permanent shift in a majority of the world economies. World economic leaders would experience subtle or sharp, extended or immediate, decreases in citizen standards of living. The economic pain experienced would be permanent and would take years for the citizens to realize the new normal of a decreased lifestyle. Simple or drastic decreases in personal and household cash flow would have compounding effects throughout the economy of the country. His undocumented, yet historically discussed economic theorems include: The Great Leveling, The Baby-boom Retirement Myth, and Creative Destruction within the Entrepreneur World. Early life and education Nierman was born in Eastern Colorado in a small but innovative farming community of hard-working farmers and entrepreneurs (world renowned golf course footnote goes here). Family history. Parents were Alvin Kenneth Nierman and Teresa Marie (Natter) Nierman. Father died. Mother died. Sisters, Marilyn Irene Nierman (b.1949-), Alyce Dianne Nierman (b.1951-). Wife, Stacia(Stacy) Jo Nierman (Coven)(b.1956-). Married to Stacy, 19 January 1980 at King of Glory Lutheran Church, Arvada, Colorado. Formal Education. Colorado State University (CSU), Fort Collins, Colorado and Eastern New Mexico University (ENMU), Portales, New Mexico. History in Business. After graduating from CSU, married to Stacy, moved to Lakewood, Colorado. First job was as a stockbroker with OTC Net, Denver, Colorado. OTC Net specialized in underwriting venture capital developmental stage publicly held companies. After the closure of OTC Net in 1982, he went to work with E.F. Hutton in Fort Collins, Colorado. He worked with E.F. Hutton until 1984 and moved to Shearson Lehman Brothers in Denver, Colorado. In 1986, he moved to PAMCO Securities, a new firm offering financial services through local and regional savings and loans, and commercial banks.

Thursday, October 10, 2019

Discuss the Political, Social, and Economic Impact of the Civil War on the US

The total number of military causalities on both sides exceeded 1 million. More men died in the Civil War than in all other American wars combined until Vietnam. However, the Civil War impacted the United States well beyond just deaths. The Civil war brought fundamental alterations in the life of the nation, changing the economy, the political landscape, as well as ways of life. Economically, wartime measures had introduced new federal involvement in both he banking and transportation systems.The National Bank Acts of 1863, 1864, and 1865 helped to create a uniform currency in the nation. It also forced many major state institutions to join the national system. This gave the federal government even greater control over the economy of the nation. This also allowed for the government to assist in the establishment of businesses. There was also rapid and mass industrialization that took place in both the North and South. Such was needed in order to supply all the products needed to surv ive as well as fight this modern war.This brought about the Second Industrial Revolution. Much money was invested into public transportation, especially the railroads, in order to allow for easier and swifter transportation and communication. The government had also exercised its power to support manufacturing and business interests via means of tariffs, loans, and subsides. With the support from the government, there came a rise of capitalists. The extremely rich elites invested their money in a business and in turn created even larger profits. The War also, for the first time, brought economic unity to the US.The South joined the market system, abandoning their former semi-subsistence economy. Industrialization and large economic enterprises clearly had arrived to stay. Politically, important changes had accompanied the maintenance of the national unity. Under Republican leadership, the federal government had expanded its power not only to preserve the Union but also to extend its freedom. Through the ratification of the Thirteenth Amendment to the Constitution, freedom was given to all slaver. However, this did not grant them any rights nor did it grant them equality in any form.The executive offense definitely expanded its power, exercising martial law as well as suspending habeas corpus during the war. Constitutionally, this war shut the door on secession for it was determined as unconstitutional. Nullification also no longer existed, showing that federal law was supreme. State government must yield to the federal government. The only way to change a law that a state legislature disagrees with is by bringing it before the Supreme Court. Other than this, the state was not allowed to decide on the constitutionality a federal law.The federal government also extended its reach into the economic realm by implementing the National Banking Acts which gave it more power in the economy. Life during and after the Civil War shifted drastically. Life the south has dr amatically altered. Greater awareness of class inequality came about as there were unfair draft laws. The Civil War in the south was truly the rich man’s war, but the poor man’s battle. Many of the ordinary folks sacrificed necessities, while the rich only had to give up their luxuries at most.The south soon also realized that the semi-subsistence culture would not work if they wanted to become independent or fight this modern war against the North. So, the South had to turn to industrialization. Along with the North, industrialization occurred rapidly. This devalued human labor, causing wages to plummet. Along with massive inflations, the gap between the rich and the poor in society grew larger and larger. Despite emancipation, blacks were guaranteed nothing more than freedom. This left a population of poor blacks who were left to fend for themselves.Slavery disappeared, but racism still ran strong. In fact, racism probably ran stronger than ever before. The war also expanded the role of women in society. In the absence of men, women had to step up to fill the spots that were left open. This allowed for women to gain even greater freedom and economic power. War had come and gone, changing many things in its path. Wartime actions taken by the government of the United States spurred on the economy, changed the political arena, and also altered America’s society forever.

Wednesday, October 9, 2019

Audit Of A Financial Statement Samples

The auditing standard ASA 240 is associated with the responsibilities of the auditor associated to fraud in audit of a financial statement. Particularly, the scope of auditing standard expands on ASA 315 and ASA 330 in respect to risk of misstatement because of fraud. Misstatement in financial statement might arise either because of fraud or error (Aicpa 2017). The distinctive factor amid the fraud and error is whether there is underlying action which lead to misstatement of the financial statement is deliberate or not deliberate. According to the Australian auditing standard fraud is regarded as the wider concept. The auditor is generally concerned with the fraud which causes material misstatement in the financial statement. Even though auditor might suspect or in rare circumstances recognize fraud the auditor does not make the lawful determination of whether the fraud has eventually happened. The primary accountability for preventing and detecting fraud relies on those that are charged with the governance and management of organization (Li, Simunic and Ye 2017). It is vital for the management to place a high stress on reducing the opportunities of reducing fraud and deterring fraud that may persuade an invidious to commit fraud due to the probability of detecting and punishing. The auditor enters much expanded ground to detect the fraud. An auditor performing the work of audit in compliance with the ASA is accountable for attaining sufficient reassurance that the financial statement that are taken as the whole is free from material misstatement originating from fraud or error (Bozkurt 2014). Because of the inherent disadvantages of audit there are risks that are unavoidable since some of the material misstatement of financial statement should not be detected, even though the audit is sufficiently planned and executed in compliance with Australian auditing standards. The auditor is responsible for assessing the correctness of the accounting policies used and appropriateness of the accounting estimations disclosures that are made by the directors. The auditor is accountable for identifying and evaluating the risk of material misstatement relating to the financial statement due to error and fraud and conduct an audit procedure that are responsive to the risk. The auditor is accountable for assessing the overall demonstration, construction and content of the financial report along with the disclosure whether the financial statement provides an underlying evidence of transactions that attains fair presentation (Shah 2017). At the time of obtaining the reasonable assurance the auditor accountable for upholding professional skepticism during the audit. The auditor is responsible for communicating with the directors concerning the matters, prearranged scope and timing of audit with significant findings from audit. This comprises of identifying the significant deficiencies in the internal control which the auditor is required to identify during the audit.   Ã‚   In context of the current case study of ABC learning an evidence of overstatement of revenues were noticed. In context of the revenues it is held that the auditor of ABC has failed to derive sufficient and appropriate audit evidence for numerous fee revenue (Kassem and Higson 2016). This ultimately resulted in significant amount of material overstatement of the ABC revenue. Furthermore, the items originating from the provision of childcare services were erroneously categorized since the revenues resulted in overstatement of the ABC revenues. The audit report of ABC learning suggests that there was incorrect treatment of the development revenues. The ASIC notes that the revenues transaction was not considered as revenue derived through the provision of childcare services (Ma’Ayan and Carmeli 2016). On classifying the normal revenues as the transaction the users of the monetary reports enabled them to consider developer’s fees as the recurring revenues that originated from the provision of child care services. Therefore, any kind of attempt made to value the childcare centres were useless. Evidences from the audit report suggest that the revenues were not disclosed in a manner which clearly indicated that were recurring and resulting from the provision of child care services. The critical assessment suggested that payment formed the part of scheme that was artificially designed to inflate the profits (Fazli et al. 2014). The auditor was unsuccessful in obtaining the adequate audit evidences in respect of the accurate bookkeeping treatment for numerous fees which resulted in significant amount of material misstatement of the ABC proceeds. Among the other auditing issues surrounded the ABC learning was that the auditor has failed to get the adequate evidences to enable a sensible knowledgeable auditor to determine that ABC was a going concern.   At the time of getting reasonable assurance the auditor is required to maintain the professional skepticism all through the audit. Fundamentally, ISA 200 necessitates the use of professional skepticism as the medium of improving the ability of the auditor to recognize the risk of material misstatement and respond to the risk recognized (Soh and Martinov-Bennie 2015). Professional skepticism is closely associated with the essential ethical deliberations of the auditor fairness and liberation. Professional skepticism is associated with the implementation of professional judgement by the auditor. If an audit is conducted without using the professional skepticism then it may not result in high quality audit. Consequently, implementing the professional skepticism must assist in assuring that the auditor does not overlook the unfamiliar circumstances or undertake incorrect assumptions at the time of ascertaining the audit response.    As the part of audit procedure in compliance with the Australian auditing standard the auditor is required to exercise proficient decision and maintain the professional skepticism all through the audit procedure. As the part of audit the auditor is required to make accounting estimates (Pitt 2014). The accounting estimates requirements include fair valuation of accounting estimations. This comprises of noteworthy assumptions made by management in establishing accounting estimates and reviewing the decisions that are made by the managers for management in creating an accounting estimates. Another requirement of professional skepticism is that the auditor must review the management’s assessment of going concern and whether the plans of management are feasible or not. This is especially vital in the circumstances where there prevails significant amount of doubt over the capability of the organization to continue as the going concern (Klassen, Lisowsky and Mescall 2015). The auditor on the other hand are under the obligation of fulfilling the requirements of related party relations and disclosure. For an auditor it may be difficult in getting the information of the related parties since the information might be confined to the management meaning for which the auditor might have to remain dependent management to recognize all the related parties. The auditor is required to remain sceptical at the time of assessing the business underlying principle behind the related party’s transaction. Furthermore, the professional skepticism requirements of the auditor also include paying considerations on laws and regulations (Bowlin, Hobson and Piercey 2015). The auditor is required to remain alert all through the audit process for reflecting that there may be instances of suspected non-compliance with rules and regulations. Unless it is found that the auditor has the sufficient purpose to believe the conflictions the auditor might accept the records and documents that are genuine. If there are situations that forces the auditor to believe that the document might not be authentic or the conditions in the document have been altered but not revealed to the auditor (Quadackers, Groot and Wright 2014). Where the responses to the enquiries of the management or the person that are charged with the governance are not consistent then the auditor should investigate the inconsistencies. Auditors are regarded as the vital gatekeepers who are dependent upon to offer assurance and market confidence in the quality of the monetary statement. The ASIC constantly place their focus on auditor’s importance for implementing professional skepticism and getting the sufficient audit evidence to assist their conclusions (Cohen, Dalton and Harp 2014). It is necessary that auditors implement correct skills, experience and skepticism in recognizing and responding to the risks by obtaining audit evidence and judging the areas as going concern. In context of ABC learning it is understood that the auditor failed to sufficiently perform his duties as auditor. The auditor failed to obtain suitable evidence of audit relating to appropriate accounting treatment for numerous fees that resulted in overstatement of ABC revenue. The auditor failed to classify the items of income. This resulted in consequences that items from the provision of childcare services were not correctly categorized as revenue and led to overstatement of ABC revenue. The auditor further failed to enable that ABC was the going concern and lacked professional skepticism in supporting his opinion that the financial report of ABC was free from material misstatement (Brazel et al. 2016). The auditor failed to create audit procedure to deal with the evaluated risks and failed to adequately document the testing that was undertaken relating to fraud risk. The auditor failed to use the professional judgement and lacked professional skepticism while auditing ABC learning financial report.    As evident the code of ethics for professional accountants lay down the ethical requirements for professional accountants. To act in the interest of public a professional accountant should observe and comply with the ethical requirements. As evident in the current case study of ABC learning the major reason that contributed to the collapse of ABC learning was the ethical issues (Klein 2015). The chief ethical issues led to the downfall of the ABC learning was the lower payment of wages to the employees in order to incur lower cost and more amount of profits that enables them to attain the competitive advantage in the corporate world. This misstatement in the financial report by the auditors is regarded as one of the major ethical issues. Section 110 of the code of ethics requires an accountant to follow the principles of integrity in order to impose the obligation on all the professional accountants to act in a straight forward manner (Press and Woodrow 2018). Integrity also refers to the fair dealing and truthfulness. To capture the market, share and gain more profit ABC learning gave their employees a lower rate of wages and was found to below the Australian standards. The accountants of ABC failed to discharge their obligation with integrity and provided inappropriate accounting reports relating to cash flow and business model. Another ethical issue that contributed to the fall of the ABC learning was the significant ethical and moral lapse in the share that was floated by the company when the CEO engaged in the related party transaction. The ethical issue in the case of ABC learning revolves around the deception to the shareholders as the shareholders have invested money on false pretence. The management of the ABC learning failed to act in compliance with the section 130 related to professional competency and due diligence (Ma’Ayan and Carmeli 2016). The maintenance professional competency and diligence encompassed the responsibility of acting in agreement with the requirements of obligation carefully and on timely manner. Unearthing claims arising out of the insufficient revelation, related party transactions and mis-administration have contributed to the ethical downfall of the organization.      Another ethical reason that was responsible for the downfall of the ABC learning was the lack of objectivity. Section 120 of the code of ethics provides that the accountants must not compromise their professional or business judgement because of the unwarranted effect on others (Pitt 2014). The accounting misstatement of financial reports rotates around the deceiving the shareholders regarding the overall position of the organization on false pretence have evidently contributed to the collapse of the ABC learning. The accountants did not provide true financial and position of the company to the stakeholders. This enable the company to remain exposed to the situations impair objectivity. As evident from the study above the major reason that contributed to ABC Learning downfall was the financial discrepancies. The in appropriate financial management such as high debts and abnormal acquisition attributed to main discrepancies in the financial information. The inflated value of the assets and increased valuation offered wrong information to the shareholders that was not approved by the AASB. The auditor’s failure in reflecting the company as the going concern with lack of professional skepticism in responding to accounting risk contributed to the company down. Conclusively the underlying fact states that management of company was ineffective in controlling the fortunes of ABC learning.   AICPA, 2017.  Statement on Auditing Standards, Number 126: The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern  (No. 126). John Wiley & Sons. Bowlin, K.O., Hobson, J.L. and Piercey, M.D., 2015. The effects of auditor rotation, professional skepticism, and interactions with managers on audit quality.  The Accounting Review,  90(4), pp.1363-1393. Bozkurt, O., 2014. The Effect of Internal Audit Procedures and Auditors’ Responsibilities on the Independent Audit Decision.  Research Journal of Finance and Accounting,  5(1), pp.26-33. Brazel, J.F., Jackson, S.B., Schaefer, T.J. and Stewart, B.W., 2016. The outcome effect and professional skepticism.  The Accounting Review,  91(6), pp.1577-1599. Cohen, J., Dalton, D. and L Harp, N., 2014. The Effect of Professional Skepticism on Job Attitudes and Turnover Intentions within the Audit Profession. Fazli Aghghaleh, S., Muhammaddun Mohamed, Z. and Ahmad, A., 2014. The effects of personal and organizational factors on role ambiguity amongst internal auditors.  International Journal of Auditing,  18(2), pp.105-114. Kassem, R. and Higson, A.W., 2016. External auditors and corporate corruption: implications for external audit regulators.  Current Issues in Auditing,  10(1), pp.P1-P10. Klassen, K.J., Lisowsky, P. and Mescall, D., 2015. The role of auditors, non-auditors, and internal tax departments in corporate tax aggressiveness.  The Accounting Review,  91(1), pp.179-205. Klein, G., 2015.  Ethics in accounting: A decision-making approach. John Wiley & Sons. Li, Y., Simunic, D.A. and Ye, M., 2017. Do Auditors Care About Clients’ Compliance with Environmental Regulations? Evidence from Environmental Risk and Audit Fees. Ma’Ayan, Y. and Carmeli, A., 2016. Internal audits as a source of ethical behavior, efficiency, and effectiveness in work units.  Journal of business ethics,  137(2), pp.347-363. Pitt, S.A., 2014. International standards for the professional practice of internal auditing. Press, F. and Woodrow, C., 2018. Marketisation, Elite Education and Internationalisation in Australian Early Childhood Education and Care. In  Elite Education and Internationalisation  (pp. 139-159). Palgrave Macmillan, Cham. Quadackers, L., Groot, T. and Wright, A., 2014. Auditors’ professional skepticism: Neutrality versus presumptive doubt.  Contemporary accounting research,  31(3), pp.639-657. Shah, M.K., 2017. THE IMPACT OF VARIOUS RESPONSIBILITIES OF THE AUDITORS IN CONTEXT OF INDEPENDENCE AND IMPARTIALITY: A PERCEPTION OF ACCOUNTING PROFESSIONALS.  Journal of Commerce & Accounting Research,  6(4). Soh, D.S. and Martinov-Bennie, N., 2015. Internal auditors’ perceptions of their role in environmental, social and governance assurance and consulting.  Managerial Auditing Journal,  30(1), pp.80-111. With a decade's experience in providing essay help,

Tuesday, October 8, 2019

The Role of Ethics in Professional Accounting Essay

The Role of Ethics in Professional Accounting - Essay Example Ethical behavior itself is affected by several factors. When speaking specifically about a career, one of the most influential factors on ethical behavior are gender and education. The extent to which these factors influence ethical behavior for any given career has received widespread attention in recent years. The accounting field is not left out. The task is to show that there exists a liaison between accounting and the way gender, (sex) and education affect ethical behavior. Ethical and professional accounting forms a clear financial image of a business, and allows managers to make informed decisions, keeps investors abreast of developments in the business, and keeps the business profitable.1 Operating information is relative to the day-to-day running of the organization. Pay tracks, information of the evolution of liabilities and assets, inventories on goods, follow-up of customers and suppliers; these are only a few of the day-to-day activities in an enterprise. Financial accounting information on its own part concerns information such as the evolution of liabilities and assets. This information is used by stakeholders to analyze the progress of the organization in attaining its set objectives. In this light, shareholders would want to know if they would be benefiting from the business while banks who want to know if their money would be refunded. ... Financial accounting information on its own part concerns information such as the evolution of liabilities and assets. This information is used by stakeholders to analyze the progress of the organization in attaining its set objectives. In this light, shareholders would want to know if they would be benefiting from the business while banks who want to know if their money would be refunded. All information relative to financial accounting is arranged in what is known as bookkeeping. In effect, booking can be defined as: maintenance of systematic and convenient records of money transactions in order to show the condition of a business enterprise. The essential purpose of bookkeeping is to reveal the amounts and sources of the losses and profits for any given period. Proper bookkeeping should also reveal the nature and value of the assets and liabilities of a firm, as well as its net worth at the close of that period.3 Your last name 4. Managerial information is provided to the managers of the organization in a well prepared and easy to comprehend form so as to enable them make informed decisions that would shape the future of the enterprise or organization. As a result of its importance, the accounting of an enterprise is imperatively handled by a professional (accountant) whose (professional) work 'requires specialized and theoretical knowledge, acquired through college training or comparable work experience'.4 Professional work in accounting requires the examination, analysis and interpretation of records. Examples of such work include the:modification and implementation of manual and automated accounting systems to meet the specific fiscal requirements of an agency,development and revision of policies to improve accounting control and efficiency,

Monday, October 7, 2019

Dyson Casestudy Essay Example | Topics and Well Written Essays - 1250 words

Dyson Casestudy - Essay Example Strategic capabilities Dyson was operating in a very competitive environment. This called for the need to introduce new frameworks and innovations that would see the company survive in the market. James Dyson believed in patents. He always ensured that whatever new form of technology he used was protected by patent laws he did this so as to ensure that his designs and innovations are not copied by the competitors. Dyson also analyzed the market to establish the true market requirements. With this information, he was able to devise a product that would meet all the market requirements and satisfy them (Bessant & Tidd, 2011, p. 267). Dyson was also involved in a move that raised numerous criticisms in its home country, the United Kingdom. James Dyson decided to move its manufacturing plant from United Kingdom to Malaysia and China. This move was to ensure that the company stays competitive. The cost of production in the home country became too much and the move was to ensure that the c ost of production was minimized which will in turn lead to an increase in the amount of profit that was generated. The move to Malaysia, according to James Dyson, was so that they could have a testing facility close to their suppliers, of whom were all located in the eastern countries. This move was aimed at increasing efficiency in the company. However, the move resulted in the loss of hundreds of jobs in the United Kingdom. Imitation Competition is very stiff in the current market. This therefore means that the competitors of the company may try to imitate their biggest rivals in a bid to increase their sales. Due to the fact that James Dyson believed in patent protection so much, it became difficult for other competitors to imitate the company’s products. In my opinion therefore, I think that Dyson’s capabilities could be difficult to imitate. This is because James Dyson has studied school of arts. This therefore means that his ideas and innovations are very unique due to high innovative nature that he is capable of (Witcher & Chau, 2010, p. 79). I therefore think that the competitors may only be able to imitate Dyson’s capabilities in the design level. This is because the competitors will only get to see the product after it has been launched in the market. Dyson always ensures that all its secrets in the production line remain to be just secrets. This is also ensured by the manner in which security within the plant is handled. For starters, every door within the company is opened using a thumb print scanner. However much this is the case, there are still some areas of the company that are regarded to be off limits. That is, there are areas that not everybody is allowed to go in to. Furthermore, all of Dyson’s designs, technologies and innovations are protected by patent laws. This prohibits the competitors from copying any of their designs. As a result, Dyson’s products come out as unique and original designs. This has m ade it extremely impossible for the competitors to imitate anything with regards to Dyson’s products (Thompson & Martin, 2010, p. 167). Distinctive capabilities Dyson has over the years emerged to be at the top of its market. All this is owed to the fact that the company has several unique capabilities and qualities that help in ensuring the company remains competitive in nature. I my opinion, I think James Dyson’s unique ability to come up with new designs and innovations for the