Friday, January 24, 2020

Truth about Sammy in John Updikes A&P Essay -- A&P Essays

The Truth about Sammy in A & P   Ã‚   At first glance, Sammy, the first-person narrator of John Updike's "A & P," would seem to present us with a simple and plausible explanation as to why he quits his job at the grocery store mentioned in the title: he is standing up for the girls that his boss, Lengel, has insulted. He even tries to sell us on this explanation by mentioning how the girls' embarrassment at the hands of the manager makes him feel "scrunchy" inside and by referring to himself as their "unsuspected hero" after he goes through with his "gesture." Upon closer examination, though, it does not seem plausible that Sammy would have quit in defense of girls whom he quite evidently despises, despite the lustful desires they invoke, and that more likely explanations of his action lie in his boredom with his menial job and his desire to rebel against his parents.      Ã‚  Ã‚  Ã‚  Ã‚   While it's true that Sammy finds the three scantily-clad girls who enter the supermarket attractive, as would any normal nineteen-year-old male, what is most notable about his descriptions of the girls, and particularly of the "leader" of the group, is that Sammy holds them in contempt. Once we get beyond the descriptions of their bodies, we see nothing but derogatory comments directed at them, including the derisive nicknames that Sammy assigns to them. Nowhere is this more evident than in Sammy's description of the leader, "Queenie." The nickname assigned to her by Sammy points out the stereotypical snap judgment that Sammy makes about her personality and social status initially, and to which Sammy rigidly adheres despite no real evidence of its accuracy. From the description of her "prima donna" legs, to his imagining of ... ...gel's suggestion that he relent and keep his job, Sammy is actually saying "no" to his parents and their attempt to put him on the road to middle-class respectability.      Ã‚  Ã‚  Ã‚  Ã‚   In the final analysis, it would seem that the most obvious explanation for why Sammy quits his job--the one that he implies--is actually the least plausible. While Sammy would like to portray himself as the fearless defender of the delicate sensibilities of innocent girls, the reality is that Sammy's motives in quitting have far more to do with his own sensibilities than with those of the three girls. Work Cited       Updike, John. "A & P." The Bedford Introduction to Literature. 2nd Edition. Ed. Michael Meyer. Boston: St. Martin's Press, 1990. 407-411. Wells, Walter. "John Updike's 'A & P'" Studies in Short Fiction, vol. 30, (1993) : Spring, pp. 127(7).   

Thursday, January 16, 2020

Provisions And Contingencies Essay

Under IFRSs IAS 37, a provision is recognized for a legal or constructive obligation arising from a past event, if there is a probable (more likely than not) outflow of resources and the amount can be estimated reliably (IAS 37.14). In contrast, according to FASB ASC 450-20-25-2, a contingency (provision) is recognized if it is probable (likely) that a liability has been incurred and the amount is reasonably estimated. Scenario 1 (1) Under IFRSs: According to IAS 37.22, the contamination of the land gives rise to a legal obligation for Energy because it is virtually certain the legislation that requires cleanup will be enacted. Also, it is probable that an outflow of resources will be required. Thus, a provision is recognized for the best estimate of the costs of the cleanup. (2) Under US GAAP: In the context of environmental remediation liabilities, it is probable that a liability has been incurred if an assessment related to a environment law has been asserted on or before the financial statements are issued and it is probable that the outcome will be unfavorable (FASB ASC 410-30-25-4). It is virtually certain that the draft law that requires cleanup will be enacted shortly after the year-end. Thus, a liability/contingency is recognized for the reasonably estimate the cleanup costs. Scenario 2 (1) Under IFRSs: The land contamination gives rise to a constructive obligation because the conduct of the entity has created a valid expectation in other parties that the entity will clean up the contamination (IAS 37.17). Also, it is probable that payments are required. Thus, a provision is recognized for the best estimate of the cleanup costs. (2) Under US GAAP: An environmental remediation liability should be recognized if an entity is a potentially responsible party to clean up the contamination and the entity has a record to determine that it is associated with the site (ASC 410-30-25-15). Thus, a liability/contingency is recognized for the best estimate of the cleanup costs. Scenario 3 (1) Under IFRSs: Under IAS 37.81, a restructuring provision does not include retraining or relocating staff costs because these expenditures relate to the future conduct of the business and are not liabilities for restructuring at the end of the reporting period. No retraining staff cost has taken place

Wednesday, January 8, 2020

Explaining FedExs Position in the Logistics Sector - Free Essay Example

Sample details Pages: 3 Words: 987 Downloads: 1 Date added: 2017/06/26 Category Logistics Essay Type Narrative essay Did you like this example? Logistics  is about managing the flow of  goods, information, and other resources between the point of origin and the point of consumption so as to meet the customers consumption demands in a regular cycle. Logistics involves the integration of information,  warehousing, managing and handling inventory, transportation of the goods and services. It is a mode of supply chain to add value to time and space utility. Don’t waste time! Our writers will create an original "Explaining FedExs Position in the Logistics Sector" essay for you Create order Logistics sector revolves around logistics companies, supply chain management, transportation, warehousing, reliability and business. Logistics involve logistics providers, freight forwarder, freight companies, trucking companies, moving companies, shipping companies, Freight carriers of all the three modes- air, water and ground. They include air carriers, ocean freight, ship lines, rail freight, third party logistics providers. The major players in this sector in the world are DHL, FedEx, ARAMAX, Choice Logistics, Purolator Courier, TNT. USPS is a customer as well as a competitor of FedEx while UPS is a primary competitor. The global logistics industry is estimated to be worth USD 300 billion. US still has about one-third of the world market, but most of the big service providers are centered in Europe. Major characteristics of global logistics industry are: High costs of operations Low margins Infrastructure bottlenecks Paucity of talent Client demands f or investment in technology Demand for providing one-stop solutions meeting all the client needs Mergers and acquisitions providing consolidation Indian logistics industry is still in the growing phase and has immense potential for growth. It is characterized by Low demand Poor infrastructure High costs Government Regulations However, with the robust GDP growth, globalization, FDI in logistics, increasing government support, it is likely to grow. In India, FedEx has its subsidiary Blue Dart Express Ltd since 1984. The major services catered by them include; E-shipping Tools, Track Dart, Mail Dart, Location Finder, Mobile Dart, COSMAT II ( computerized On-line System for Management, Accounting and Tracking ), SMART (Space Management Allocation Reservation and Tracking) Ship Dart, Internet Dart and many more. About the company FedEx Corporation, incorporated in 1971, was originally known as FDX Corporation. It started off as a logistics company in United States, with headquarters at Memphis, Tennessee. The company began its operations in 1973, and became FedEx in 2000, a name derived from its original division Federal Express. Today, FedEx employs more than 280000 people and provides services all over the world. It has become worlds largest airline with highest number of freight tons flown and stands second when it comes to fleet size. The major subsidiaries of the company are- FedEx Office, FedEx Express, FedEx Ground, FedEx Freight, FedEx Custom Critical, FedEx Supply Chain, FedEx Trade Networks and FedEx Services. Today, it delivers packages to more than 375 destinations in nearly every country every day. It operates via Hub and Spoke network, with various hubs being located at the various airports all across world and super hub at the airport Memphis, Tennessee . In 1979, it launched COSMOS (Customers, Operations and Services Master Online System), a centralized computer system which managed people, packages, vehicles and weather scenarios in real time. In 1980, DADS (Digitally Assisted Dispatch System) was implemented by the company to coordinate on-call pickups for customers, so that customers could schedule pickups for the same day. It introduced Zap Mail in 1983, a fax service guaranteeing the delivery of up to 5 pages in less than 2 hours. But, later it turned out to be a failure. In 1986, a service named Super Tracker was introduced, a hand-held bar code scanner which brought  parcel tracking  to the shipping industry.  With the tremendous growth in the volume of the volume of international shipments, Clear Electronic Customs Clearance System was created to expedite regulatory clearance while cargo is en route. In 1994, FedEx launched Fedex.com, the first transportation web site to offer online package tracking. In 1995, the co mpany started services to China, and opened an Asia and Pacific hub in  Philippines. In 2000, the company officially dropped the Federal Express name and became FedEx Express to distinguish its express shipping service from others offered by its parent company  FedEx Corporation. In 2001, FedEx Express signed a contract with its largest customer United States Postal Services to transport Express Mail and Priority Mail. In December 2006, FedEx Express acquired the British courier company ANC Holdings Ltd which opened direct route to UK airports.  In September 2007, ANC was rebranded as FedEx UK. FedEx Express also acquired Flying-Cargo Hungary Kft to expand service in Eastern  Europe. Together, we are FedEx a worldwide network of companies providing customers and businesses with the same absolutely, positively zeal for service youve come to expect.  FedEx  provides direct-distribution  services  that make it easy to mo ve your goods across borders to customers and retail stores, bypassing distribution centers and cutting fees and time to market. We offer air, surface and ocean solutions to meet your unique needs.[ref7] FedEx  offers comprehensive and strategic  supply chain  solutions. This provides your  supply chain  solutions greater efficiency and customer satisfaction. [ref5] Use  FedEx Ground  Tracking to track your ground freight shipments quickly. Enter up to 30 FedEx tracking numbers and check the status of your  FedEx ground  .[ref3] FedEx Freight  and FedEx National LTL, reliable freight shipping, fast transit freight shipping, economical freight delivery, and more.[ref4] We provide expedited, special handling and air options for critical freight. [ref8] Access fedex.com services with a single user ID and password through My Account. You must open a FedEx Freight ® or FedEx National LTLSM   account before signing up.[ref 6] We offer you the fastest courier services around the world daily.  FedEx Express  is your 24 hours solution for the best courier service. [ref9] A brief about all the supply chain practices in the industry Strategic viewpoint of supply chain strategy FedEx Global Supply Chain Services (FGSCS) EMEA is incorporated into Federal Express Europe as a separate division. The prime objective of FGSCS is to offer our customers comprehensive and strategic supply chain solutions and management, incorporating FedEx transportation and IT integration in order to support the specific needs of our customers.