Wednesday, May 13, 2020

The Importance of Studying Sociology - 1106 Words

The study of Sociology helps us to understand the human social relationships, why we are as we are and why we act as we do. Today’s world is a complex place, as the world continues to change and bring new ways to living with and relating to others new problems in society appeared. Sociology has a great importance as is the best approach to understand the social phenomena. The study of sociology includes the study of social behaviour and social change which can reveal how society shapes our lives and how our behaviour changes. It helps us to understand such things as diversity, globalization, the changing world, social interaction, economics and social work. Consequently the study of sociology is a guide for research in a truly scientific and empirical way of social phenomena. The study of sociology recognizes the problems of society and develops the capacity to provide solutions to social problems in order to have cohesion and stability in the society. It also helps to develop the individual capacity of having a critical view of large social trends. Sociology studies how our individual lives and personal troubles are shaped by institutions and formal organizations. How the development of those affect to the social interaction. As societies grow larger and more complex it is necessary to provide stable patters to support the human needs. It is through sociology that with the study of social institutions or formal organizations helps to have more precise knowledge about theShow MoreRelatedWhat Is the Importance of Studying Sociology?967 Words   |  4 PagesWhat is the importance of studying sociology? Of the various social sciences, sociology seems to be the youngest. It is gradually developing. Still it has remarkable progress. Its uses are recognized widely today. In modern times, there is a growing realization of the importance of the scientific study of social phenomena and the means of promoting what Prof. Giddings calls human adequacy (human welfare). The study of sociology has a great value especially in modern complex society. Some of theRead MoreSociology Is The Scientific Study Of Society And Human Behavior895 Words   |  4 Pagesto the Marriam Webster dictionary, the simple definition of sociology is â€Å"the study of society, social institution, and social relationships. Based on the textbook, â€Å"sociology is the scientific study of society and human behavior† (G-6). Through the two definitions, one can deduce that the study of Sociology is a discipline that explains and analysis the human culture in terms of their social relationships and social institutions. Sociology is a study that explains the social world which human beingsRead MoreDifference Between Max Weber And Emile Durkheim1286 Words   |  6 PagesTwo of the fathers of sociology, Emile Durkheim and Max Weber, each worked to establish sociology as a distinct subject of study. However, their understandings of the underpinnings of sociology, and there fore the methods best used to study it, were very different. Together, they give the modern sociologist competing, yet complimentary, tools with which to understand social phenomena. When writing his book, Suicide: A Study in Sociology, Emile Durkheim wanted to show that empirical data could be usedRead MoreEssay about Personal Statement: My Reason to Study Law556 Words   |  3 PagesThe main reason why I wanted to study Law was the importance it takes in the world. Law builds civilization, protect fundamental rights and protect ideas and inventions through patenting. Anyone can defend his or her right through the legal system. Law can bind an agreement to allow an aircraft to fly from country A to country B. Law is continuously relevant in many context including banking, construction, sports, land, media, commerical, human rights etc. And this excites me more, as it is veryRead MoreThe Social Action Theory and Symbolic Interactionism Essay918 Words   |  4 Pagesattention to the importance of the individual and their conscious actions. It does not however place enough emphasis on class divisions, as it tends to concentrate more on status. Symbolic interactionists reject structure and believe that to study society, the only way to do so is to concentrate on the individual. Both theories believe in understanding the individual through the use of empathy. George Herbert Mead was mainly concerned with the importance of languageRead MoreThe Social Setting Within Jelly s1438 Words   |  6 Pageswrote about in your book it didn’t seem like a good place to eat. I hope the food and service here is better. How did you like your time there? EA: I enjoyed spending that time in Jelly’s. The people were very interesting, and I got a lot out of studying them. By the end of my work I really felt like I was a part of that community, instead of an outsider trying to fit in. My friend Herman helped a lot with making me feel comfortable over there in the liquor store. AL: I found it interesting thatRead MoreMoral Value Of Science By Max Weber Essay1575 Words   |  7 Pagesare seen as two comparative analysts in regards to the issue of sociology history. During their work, they were faced with a lot of issues that come up during comparative analysis which the sought ways to overcome them and some of the techniques they used are still considered intrusive till today. They both came up with major statements in the course of their carriers which were both methodological and theoretical concerning the sociology program being the values of science, and for Weber he achievedRead MoreThe Rise Of Natural Science1425 Words   |  6 Pagesof this idea, Comte also established the term ‘sociology’ as one of the scientific fields, the ‘science of society’ (Giddens and Sutton, 2013: 11). In fact, Comte’s idea had not been accepted for a long time but after his death some philosophers or sociologists such as Herbert Spencer hav e developed it further (Gollin, 1970: 6; Turner, 2001: 30). However, the idea of positivism seems to have some issues; for example, basically the origin of sociology is biology though the goal is regarded to reachRead MoreFunctionalism : Functionalism And Functionalism1100 Words   |  5 Pagesdifferent tasks. On the other hand, Weberianism focused on acknowledging people surviving with social inequality and social conflicts. Max Weber and Marx were the most powerful theorists in sociology and their main concern was bureaucracy and social inequality. According to functionalist, Durkheim, sociology was not a study of a person or person’s behaviour it was for those individuals who built their social life towards religion and the economy. (Giddens2001). Therefore, through all of his workRead MoreSocial Facts Versus Social Action Essay710 Words   |  3 PagesSociology is the objective and systematic observation of human interaction. These interactions routinely take the form of ideas that are established by that society; these ideas disclose values held by that society and in turn explain how/why certain behaviors become customary. In a broader scope, sociologists also consider aspects of context such as race, economic class, gender, and age, because all of these things are responsible for shaping values, beliefs, and behavior. Social facts can be

Wednesday, May 6, 2020

Remeber the Titans Application Paper Free Essays

Remember the Titans is a movie that reflects several areas of organizational behavior. Communication, organizational culture, teamwork, diversity, motivation and ethics all play a key role in leadership how an organization functions. Communication The first obstacle that the new head coach faces is taking over an organization where he is the replacement for a very well respected coach with a reputation for winning. We will write a custom essay sample on Remeber the Titans Application Paper or any similar topic only for you Order Now In one of scenes, Coach Boone sits down with his new assistant coach, Yost, to talk about the current situation. Boone acknowledges the problems and the challenges that lay ahead but assures Coach Yost that he is committed to producing a winning team and that all decisions will reflect performance rather than race. Coach Boone shows respect to Coach Yost and displays the openness to deal with the issues. Leaders may have a tendency to avoid this confrontation only making matters worse for the long term. It is a great lesson in dealing with problems upfront and resolving the issues to minimize more potential conflicts in the future. Communication is one of the basic functions of management in any organization and its importance can hardly be overemphasized. It is a process of transmitting information, ideas, thoughts, opinions, and plans between various parts of an organization. It is not possible to have human relations without communication. However, good and effective communication is required not only for good human relations but also for good and successful business (Thomson, 2007). Organizational Culture From an organizational structure standpoint, Coach Boone realizes he cannot do everything by himself. On a football team, several coaches are required to work with each specialized part of the team just like in any business. Throughout the movie the offense, defense, and special teams must work together to achieve victory on the field. However, each sub group on the team must trust and rely on the others to perform to execute the game plan well. In one of the final scenes, Coach Boone gets input from Coach Yost to come up with a new offensive play to win the game. Sometimes in larger organizations, silos exist among the departments and there is a resistance to cooperating. It is important in any business that all departments listen to their people for new ideas to improve process that can turn into profitable results. Organizational structure is the hierarchical levels of a company; this structure provides guidelines on subordination and employee responsibilities, and affects the workplace culture. An organization’s culture is an informal, collectively held grouping of ideas and values, as well as the types of workplace relationships and ways of doing things within the organization. It affects workplace culture through controlling, coordinating and motivating employees to work together to accomplish company goals and objectives. Both organizational structure and culture affect employee behavior, motivation, performance, dedication, satisfaction, cooperation, and relationships (Thornton, 2011) Teamwork and Diversity Working together as a team is crucial to any organization’s success. Two players in particular believe that at the beginning of merging the two schools, their perceptions of each other’s values make it appear almost impossible to work to together as a team. They both come to realize that they want to win as much as the other person does and eventually become the best of friends. In fact, later in the movie Gary, the white player recommends to Coach Boone that one of his white friends leave the team because of a missed blocking assignment. This is the true transformation of Gary putting the team’s goals before his personal feelings. It is one of the cornerstones of any teamwork’s success. People in any organization bring their own set of values and beliefs to the table when they accept a position in the company. It is up the company’s leadership to instill the vision and culture from the top down. The summer practice camp that they attend is similar to the socialization process that any organization has into bringing new people in. Similar to the Marine’s boot camp, the football players eat, sleep, and practice together to bond and foster a sense of teamwork for Coach Boone. Most companies achieve this socialization process through employee orientation and continuous training. By the end of the camp the players have put aside their difference and are committed to carrying out the team’s goal of winning. The biggest issue that faces the team is the racial tension between the blacks and whites. The movie is set in the early seventies when integration of school began. The socialization process of the summer practice camp helped resolved many of these issues while the players where in seclusion at camp. Upon coming back from camp and attending school, they face the true reality of the racial issues. Still to this day, diversity is a hot topic in corporations across the country. Any company has to battle the preconceived ideas about other races, religions, genders, and sexual orientation to focus on the company’s vision. The movie shows how when people put aside their differences and focus on the organization’s mission that anything is achievable. This is a timeless lesson for any organization in today’s environment. According to the textbook, one of the pervasive challenges with teams is that while diversity may have real potential benefits, a team deeply focuses on commonly held information. To realize their creative potential, diverse teams need to focus not on their similarities but on their differences. The key is for members of diverse teams to communicate what they uniquely know in addition to what they do not know (Judge, Robbins, 2011). Whether in the workplace or on the football field, or even amongst members of a community, effective teamwork can produce incredible results. However, working successfully as a team is not as easy as it may seem. Effective teamwork does not happen automatically; it takes a great deal of hard work and compromise (Woloch, 2008). There are a number of factors that must be in place to cohere together as a team: * Good leadership: Effective leadership is one of the most important components of good teamwork. The team’s leader should possess the skills to create and maintain a positive working environment, motivate, and inspire the team members to take a positive approach to work and be highly committed. An effective team leader will promote a high level of morale and make them feel supported and valued. * Clear communication: Communication is a vital factor of all interpersonal interaction and especially that of a team. Team members must be able to articulate their feelings, express plans and goals, share ideas, and see each other’s viewpoints. Establishing roles: It is necessary for team members to understand their role and responsibilities. The team leader can enable this by defining the purpose in a clear-cut manner in the beginning of the formation of the team. * Conflict Resolution: Conflicts will arise no matter how well a team functions together. The best way to counter conflict is to have structured methods of conflict resolution. Team members should be able to voice their concerns without fear of offending others. Instead of avoiding conflict issues, a hands-on approach that resolves them quickly is much better. Set a good example: The team leader must set a good example for good teamwork to come about. In order to keep team members positive, committed and motivated, the team leader must exhibit these qualities. The team looks to the leader for support and guidance therefore any negativity on the leader’s part can be disastrous (Woloch, 2008). Motivation Coach Boone does a good job of demonstrating motivation throughout the movie. In several scenes, Coach Boone tells his organization that he demands perfection from them and nothing less is acceptable. He communicates clearly with the staff and the players what the team’s goal is from the beginning. Everyone knows their role on their respective teams and expectations. We can see that successful companies have similar success when everyone in the organization knows how their role affects the company’s ability to serve the customer. Coach Boone uses the Equity theory of motivation in that he treats everyone on the team fairly and shows no favoritism. He asks the players to work very hard in practice, but see the results in their victories on the football field. Coach Boone also displays the Hawthorne effect in the movie. He makes an effort to know all of his players and his coaching staff. The Hawthorne effect is a motivation theory that people perform better, when they feel their leader pay attention to them. In today’s work environment, this is more of challenge because it is becoming more popular to have employees work from remote locations or home with the increased technological advances we have seen over the last twenty years in the work place (Ghillyer, 2009). Ethics. Ethical behavior is the last characteristic that can either tear apart any team or propel it to a higher level of success. Coach Yost is under the impression by several influential school board members that the championship game is going to be in favor of the all white school they are playing. They will use this as an excuse to fire Coach Boone and reinstate Coach Yost as the head coach the next school year. During the championship game, Coach Yost faces this internal struggle and dilemma as he sees many unfavorable calls by the referees. He eventually makes the right decision for the player’s chance to win the game. The important lesson is that when temptation is great to make the wrong decision, the long-term benefits of being ethical outweigh the benefits. Managers and their organizations are responding to the problem of unethical behavior in a number of ways. They are writing and distributing codes of ethics to guide employees through ethical dilemmas. They are offering seminars, workshops, and other training programs to try to improve ethical behaviors. They are providing in house advisors and creating protection mechanisms for employees who revel internal unethical practices. Today’s manager must create an ethically healthy climate for his or her employees, where they can do their work productivity with little ambiguity about what right and wrong behaviors are (Judge, Robbins, 2011). In conclusion, the movie demonstrates that leadership must be able to face multiple challenges at the same time. It is hard enough to manage a football team with structure that is in place of three different sub groups performing to win games. When combined with the challenges of diversity and ethics, it remarkable the results the team achieved. These are some valuable lessons that any organization in today’s business world could use. Â   How to cite Remeber the Titans Application Paper, Papers

Tuesday, May 5, 2020

Management Incentives To Intangible Assets -Myassignmenthelp.Com

Question: Discuss About The Management Incentives To Intangible Assets? Answer: Introducation a)Research and development expenditure are undertaken by the company to generate more revenue. They are mostly part of the technological innovations and are associated with bringing improvements in the already existing system. There is very thin line that differentiates research and development activities. Nowadays the companies mostly treat these expenditures together and are allocated under the same head of accounting. The major difference between the two is that research expenses are treated as operating costs and are not capitalised. And in case of development expenses they are capitalised and then amortized (Drucker, 2017). The main logic behind the same is that development expenses helps in bringing a new asset into existence. There is some sort of development of an identifiable asset that can be used in the future by the company. For example, designing of a new product by the company is a development cost. And the cost that the company incurs to get knowledge about the competi tor in the market is a research cost. In the given case study, we see that the company is incurring cost to bring into existence a new product i.e. a computer that will solve its many issues. It will help in summarising of the work that was previously done manually. Hence, it is a new product that the company is developing and is spending $100000 for the creation of the project. It will be treated as development cost (Demski, 2017) b)In the given case study, as mentioned in the above answer, the cost that the company will bear for the creation of the new computer, will be development cost. A new product is coming into existence; hence it cannot be treated as operating expenses. The company needs to capitalise the said cost with the total cost of the new asset. The total monies spent by the company for the new computer should be added to the total cost of the computer and then it should be amortised down the years (Smith, 2017). This is the standard procedure that the company must follow while accounting for development costs. Research costs must be treated as operating expenses and must be shown in the income statement of the company. In case of the research expenditure there is a lot of uncertainty involved in the total revenue that the company might gain from the research activities undertaken by it. In case of development expenditure the company can ascertain the revenue that the new asset being developed wi ll fetch, thus it is easier to capitalise that cost. In the same way in case of the given company, it was easier to ascertain the revenue that the new computer will fetch to the company. Thus those costs must be capitalised and added to the total cost of the asset. The same must be amortised during the useful year of the asset live. That is the major difference between research and development expenses that is born by a company and this is the manner in which it should be accounted by the accounts team (Masquefa, Gallhofer Haslam, 2017) a)The total cost of the product that Large mart will sell o the UNE will be calculated by taking into consideration the development cost that was incurred by the company for the creation of the new project. The cost of goods sold is the total costs that a company can directly attribute to the production of the specific product. In the given case we see that the development cost that the company incurred for the project was directly attributable to the cost of the software hence the same will be added to the total cost of production of the CDs. The total cost of goods sold will be the total cost of production of the CDs plus the development costs that the company incurred. In case the UNE is considering to purchase the rights of the development of the software from the company. Then in that case also the development cost will be added to the total cost of the software rights, because the company needs to capitalise the same in every which way possible. This is the method by which the company will calculate the total cost of the goods sold to the university. The university will charge no money from the students and will give them the CDs as freebies (Russell, 2017). b) There are two cases that are mentioned hereunder. The first case in which the company is selling the software in 25CDs to the UNE, and the other one in which the company is selling the right to use the software to the University. In the first case, there is a sale of service and in the second case there is sale of the use of technical knowhow by the company. The same shall be regarded as in the books of account in the same manner. The sale of CDs will be recorded as sale of services under the income statement, and the sale of rights of the software will be recorded as sale of technical know (Elnasri Fox, 2017).Both the revenues are taxable as per the specified laws under the relevant acts of taxation. The revenue recognition criteria need to be followed while recording such revenues for tangible and intangible assets. These intangible assets must be identifiable, it must be in control of the company and it must be of some economic benefit to the company. Same in the case of the g iven company Landmark, the right to use the software is an intangible asset for the company. The company will recognise the sale of the same as the sale of an intangible asset in the income statement of the company. This is the manner in which the company will recognise both the options that the university is offering the company (Castilla-Polo Gallardo-Vzquez, 2016) References: Castilla-Polo, F., Gallardo-Vzquez, D. (2016). The main topics of research on disclosures of intangible assets: a critical review. Accounting, Auditing Accountability Journal, 29(2), 323-356 Demski, J. S. (2017). Accounting and economics. The new palgrave dictionary of economics, 1-6 Drucker, P. F. (2017). The Theory of the Business (Harvard Business Review Classics). Harvard Business Press,U.S.A Elnasri, A., Fox, K. J. (2017). The contribution of research and innovation to productivity. Journal of Productivity Analysis, 47(3), 291-308 Masquefa, B., Gallhofer, S., Haslam, J. (2017). Developing appreciation of micro-organizational processes of accounting change and indicating pathways to more Enabling Accountingin a micro-organizational domain of research and development. Critical Perspectives on Accounting, 44, 59-82 Russell, M. (2017). Management incentives to recognise intangible assets.Accounting Finance, 57(S1), 211-234 Smith, M. (2017). Research methods in accounting. Sage, Fourth edition.

Wednesday, April 1, 2020

Sublime by Sublime free essay sample

If you are laid back and love being at the beach, then you should try listening to the band, Sublime. Sublime is a ska punk and reggae rock band from California. Their band consists of 3 laid back, down to earth guys. Bradley Nowell, the voice of the crew, Eric Wilson, the bass, and Bud Gaugh, the drummer. Their band is so different and original, it’s impossible not to love them. Sublime has released so many creative songs such as â€Å"Santeria†, â€Å"Wrong Way†, and â€Å"April 29, 1992†. Many people, even if they don’t listen to Sublime, have still heard these songs and love them. One of my personal favorites is â€Å"Scarlet Begonias† where Nowell describes a beautiful, blues loving girl he met in California. Sublime’s most popular song, â€Å"What I Got†, will have everyone singing along with the radio. Unlike some bands, Sublime actually had a mascot. Their mascot was their Dalmatian, Lou Dog, who Bradley rescued and adopted. We will write a custom essay sample on Sublime by Sublime or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Louie has been known to walk around on stage during shows. Another popular figure for their band is the Sun. No one truly knows the meaning of the Sun, and whether or not it actually has a meaning. Their band worked so hard to get people to listen to them. Originally, no music venues would allow them to play early in their career because they were skeptical. Sublime then renamed themselves to â€Å"Skunk Records† to sound more professional. Music venues then started letting them play. They started going to small clubs and parties to play throughout southern California. After doing all of these shows, they recorded some songs and made a few short demos. All of their hard work finally paid off. Unfortunately, on May 25, 1996, Bradley Nowell died of an overdose just before they released their album, â€Å"Killin’ It†. Their songs still live on, making you feel you are at the beach when you listen to them. Their vibes continue to be a big hit and have a special place in my heart. Work Cited Sublime, Long Beach California. Sublime. Sublime, 2016. n.d. 4 February 2016

Sunday, March 8, 2020

answer(200 Level Course)

Reflection Questions 6 – Education Essay question/answer(200 Level Course) Free Online Research Papers Reflection Questions 6 Education Essay question/answer (200 Level Course) Q: The National Education Association of Secondary School Principals make This statement about successful secondary schools: â€Å"In good secondary schools, the principal and teachers develop and maintain a variety of cooperative links with the community. Family and community involvement and support complement the efforts of the school.† Describe some of the cooperative links you would suggest at either the elementary or secondary level. R: Several cooperative links that I would suggest would be: the business community i.e. banking industry that could provide link for the elementary and secondary level as a resource for industry tours, targeted career paths for student development programs. Area groceries and supermarkets can offer partner with local school PTO’s to offer rebates on food purchases or selected items, the rebate would be targeted back to the school fund to be use to purchase band equipment or sponsor a class field trip. Q:What role do you think the federal government should play in compensating for educational disadvantages as a result of poverty? The federal government must perform an active role in compensating for educational disadvantages as a result of poverty. Children are born into poverty of no fault of their own. It takes monies to educate our nation’s children. Our education system must continue to offer a standard of education to benefit those in need. Depending upon the need on the local states, monies should be distributed provisionally. Research Papers on Reflection Questions 6 - Education Essay question/answer(200 Level Course)Standardized TestingInfluences of Socio-Economic Status of Married MalesHip-Hop is ArtResearch Process Part OneRelationship between Media Coverage and Social andTwilight of the UAWMarketing of Lifeboy Soap A Unilever ProductPETSTEL analysis of IndiaQuebec and CanadaPersonal Experience with Teen Pregnancy

Thursday, February 20, 2020

How does Raising Arizona (movie) use symbolism to help explore its Essay

How does Raising Arizona (movie) use symbolism to help explore its theme - Essay Example The film derives much of its language from the disparity between the level of speech expected from the characters and the level of language that is actually spoken. This disparity is there not just for comic effect, but also to contribute fully to the movie’s theme about American self-improvement through upward mobility. H.I. and Ed’s pursuit of a child is symptom of the pursuit of the larger aspect of the American Dream and another aspect is the desire to rise from one strata to the next. The film satirizes the effect of lofty language utilized by those living within a higher class by revealing the truth that that the more sophisticated speech becomes, the more likely it is to become confusing. H.I.’s entire narration is populated by haughtily descriptive phrasing to describe simple concepts: â€Å"Edwinas insides were a rocky place where my seed could find no purchase.† One doubts that the average petty criminal with little education would describe the i nability of a woman to get pregnant in such a way, but it works both for comedic effect and to further the theme of language can barring communication. In addition to H.I.’s narration, the dialogue also works to reveal how terminology works as a symbolic obstruction to simple communication. One of the most hilarious yet satirically incisive scenes in the film reveals the manner in which professional jargon almost seems to be intentionally utilized to create a firewall of misunderstanding. When H.I. appears before parole board language becomes a direct symbol of the way in which law is exploited to support social distinction between the haves and have-nots. The entire conversation about recidivism leads to the actually quite profound joke about the misunderstanding about H.I. â€Å"not just telling us what we want to hear.† The language game taking place in this scene is painfully

Tuesday, February 4, 2020

Nuevo Hotel Budgeting Control Essay Example | Topics and Well Written Essays - 1250 words

Nuevo Hotel Budgeting Control - Essay Example For its management Nuevo adopted the normal Comodo team-structure, consisting of the General Manager with a five-member advisory 'Board of Directors' and ten independent business unit (IBU) managers. This organisational arrangement was "intended to generate a flexible and entrepreneurial spirit, so promoting creativity and risk taking while still ensuring sound responsibility and accountability". It was also intended to emphasise "empowerment, teamwork and knowledge-sharing - enabling all management and staff to use their initiatives and 'do what they have been trained to do' in order to provide an outstanding standard of service". Nancy Foster, an experienced and highly respected GM in the Comodo group was appointed as GM of Nuevo, to be assisted by a management team, some of whose members had been experienced in and imbued with the 'management culture' of Comodo, while the others, experienced in hospitality business shared Comodo's mission of making it "the best business and leisur e hotel company in the world", through their energetic, committed and responsible work., 'which always exceeded their guests' expectations'. Nancy was very experienced as a GM, but this was her first experience of 'opening' a new property. She thought it obligatory for her to make Nuevo the 'standard-bearer' for Comodo Group's "UK and European operations in the rapidly evolving 'information/virtual' age". To achieve this she thought it wise and prudent to involve the entire management team in developing key control systems for the hotel. She was well aware, of course, that management control system was a 'two-edged sword' in that while it could influence employee behaviour to achieve the company's goals, it could also "lead to large losses and possibly even to organisational failure". The team had already completed the management system in almost all areas of hotel management except in the important area of 'management accounting controls, including establishing the hotel's first budget'. In the management team meeting held to chalk out this problem, what emerged was the implications of the benefits and drawbacks of the ' traditional' budgeting procedures for designing an effective budget control system for Nuevo. Traditional Budget Control System Traditionally 'management teams of Comodo hotels usually based their first few annual income budgets on the feasibility study projections carried out to 'inform' the decision to invest in the project'. This helps the Home Office to get an early view of how the hotel is doing compared with the project appraisal. But then, these would be outdated in that they were drawn up years ago, and in the case of Nuevo, three years ago. Nancy wanted the first year budget proposal handed down to them by the Home Office to be revised because since the time of the project report two other hotels had come up in Manchester and competition had become 'hot'. However, Nuevo's Finance director advised Nancy to go long with the Home Office because everyone would be busy in