Wednesday, February 19, 2020

Creativity in a Business Context Essay Example | Topics and Well Written Essays - 2750 words

Creativity in a Business Context - Essay Example Such industries like the publishing, the entertainment industry are called the creative industries. However business also taps the creative abilities of individual employees in their chosen line of business to stay ahead of competition. Harnessing and utilizing this is a much more challenging task. Accounts is one of the oldest functions of business, and has evolved over a period of 500 years and is based on historical costs and transactions reporting. According to the American Accounting Association (AAA), accounting can be defined as: Difficult as it may be to combine creativity and business, it will be even more so associating accounts function with creativity. Accounting is about adhering and following strict guidelines and rules as per stringently laid accounting norms while representing the financial transactions of the business. Creativity in accounting has got negative connotations, especially after the recent global financial crisis. There is a constant call to increase and tighten reporting norms. (E.g. the Sarbanes-Oxley Act, 2002). Accounting is about measurement and control, which could kill creativity. For the purpose of maintaining the correct perspective on the topic, a brief note on the link between innovation and creativity is necessary. Creativity is about generating new ideas, new perspectives, Innovation are the process of converting it into a product/service from which the firm will derive value. No business is interested in creativity for creativity's sake, but sees it as a means of generating innovations by which it moves forward in the competitive market. In any organization a good balance of focus on each would be necessary. Too much emphasis on creativity would mean lot of ideas, but little commercialization. Too much focus on commercialization would mean drying up of creative ideas, the basis of innovation. (Davila 2006, p 89). Issues, Problems and Challenges The recent crisis in the financial markets has largely to do with corporate governance and the role of accounts professionals in this. It has had a role to play in misleading investors, share holders by presenting finance and

Tuesday, February 4, 2020

Columbian Foreign Policy Essay Example | Topics and Well Written Essays - 1000 words

Columbian Foreign Policy - Essay Example Colombian drug cartels successfully organize the manufacture and export of cocaine. Much of the spread of this business can be attributed to the consumers’ interest in cocaine. Colombia would not produce cocaine if other countries would not consume it. Colombia’s came to terms with US under the influence of the previous Pastrana administration and the relations between the two improved considerably. This can be estimated from the fact that US promised a lot of funding to Colombia for programs directed at the assistance of Colombian police as well as military for the purpose of increasing counter-narcotics abilities. This aid of net worth equal to $400 million opened several projects for establishing numerous judicial and economic reforms, alternative development, ensuring humanitarian assistance and achieving human rights. The 2001 attacks on the Twin Towers in the US led Colombia to play its significant role in the War against Terrorism. One reason for this was the fac t that Colombians had themselves been dealing with terrorism for quite a lot of years before the 2001 attacks happened. Colombia has largely provided the central stage for planning, preparing and practicing all antiterrorist activities in US against terrorists ass well as all agencies and countries supporting them. The Columbian government has denounced the left-wing guerrillas that are generally responsible for the trafficking of cocaine in Columbia as terrorist agencies. The Columbian government was able to achieve this with the help of US. Former President Uribe pledged that he would give all it takes to eradicate terrorism from his country, though he needs to be watchful about the possibility of surfacing of right-wing militias that are able to make a Civil War out of the War against Terrorism. Columbia is really exposed to great threat of breakout of a Civil War because similar incidents have happened in the history of Columbia as well as of the Central America. Therefore, Form er President Uribe needed to provide an objective record of human rights for his military in order to be able to retrieve their support for the War against Terrorism. Violation of human rights would increase the hindrances in Former President Uribe’s way of presenting his contributions for the War against Terrorism to the international community. Former President Uribe understood the importance of promoting relations with US, US being the primary consumer of Columbian drugs. Colombia is waging a war on two fronts: against guerrillas and against drugs. The former cannot be won on the battlefield alone. If the current peace talks fail, the country will plunge into all-out chaos. So the United States needs to take Colombia off the back burner and work with its government to help tamp down the violence, limit the drug lords' clout, lower the demand for drugs abroad, and prod the peace process along. Without these steps, even billions in U.S. aid will not be enough. (Pardo). Besid es, Former President Uribe ought to ensure that the US government did not indulge its military in the War against Terrorism in Columbia. In order to fight successfully in the War against Terrorism, Former President Uribe had to base his plan on the foundations of support for the peasants of coca leaf to raise alternative plants, consolidation and solidarity of democratic organizations, and financial aid for development. International front might be the only area in which Columbia could acquire effective