Monday, December 30, 2019

Thailand s Current Form Of Government - 1477 Words

Thailand, a nation located in Southeast Asia, is well-known for its complex and turbulent political history. Similar to the United Kingdom, the country’s current form of government is based on a constitutional monarchy. A hereditary Thai king serves as the head of state while a Prime Minister is elected by a parliamentary government. Since the infamous 1932 revolution conducted by Royal Thai Army officers and members of the country’s wealthy, elite bureaucracy that put an end to the country’s absolute monarchy form of government, Thailand has experienced many military interventions in its political system that have included 19 coups and coup attempts. These have been conducted, until recently, to maintain the political power of the aristocracy and ward off perceived threats. As a result, the political and economic resources of the country are controlled by an aristocracy, and democracy has been in a constant state of flux for over 80 years. To understand the comp lexity of Thailand’s government, one must be aware and knowledgeable about how their culture impacts the country’s citizens’ standing and status in society. A centuries-old culture based on status derived from proximity to the monarchy dominates the political system in Thailand. The â€Å"sakdhina† system, as it is referred to by the Thais, is a place of honor derived from ownership of land granted to a citizen by the king (Albritton and Thawilwadee 3). Since the 1932 revolution, the term has evolved to mean a citizen’sShow MoreRelatedA Unified Thai Kingdom1639 Words   |  7 PagesDuring the 14th century, a unified Thai kingdom was established. Today it is known as Thailand but up until 1939 it was called Siam. It is the only Southeast Asian country that has never been under European rule. As archaeology studies suggests, 4000 B.C. was the time period where early bronze metallurgy centers were thriving. Metallurgy refers to the science and techno logy concerned with the properties of metals and their production. This development along with the cultivation of wet rice gave theRead MoreFinancial Crisis And Its Effects On Economy1413 Words   |  6 Pagesin the country. When currency change significantly, the country’s economy in turmoil. The financial crisis started from Thailand, and then Philippines, Malaysia, Indonesia and other Southeast Asian countries, domestic currency depreciate and stock market downfall. Neal Maroney wrote that â€Å"six Asian countries (Indonesia, South Korean, Malaysia, the Philippines, Taiwan and Thailand) from October 1990 to June 1998, currencies collectively lost almost half their value and their U.S dollar denominatedRead MoreThailand: Collapse of an Economy1441 Words   |  6 PagesThailand: Collapse of an Economy Introduction It is interesting to learn that the environmental heart of Southeast Asia, is no other than Thailand. The Kingdom of Thailand is considered to be much more than a lively, energetic tourist spot. Actually, it is one of the major economies in the district. Deeply export- positioned, Thailand, or the Land of Smiles which is what it is commonly known, is acknowledged for the honesty of its economy, and readiness to make acceptations for direct investmentsRead MoreRenewable Energy Resources In Thaille Essay1552 Words   |  7 Pagesmore solar capacity during the outlook period. Another form of new renewable energy (NRE) capacity that will likely be introduced is biomass generation, using landfill gas as fuel. By 2035, NRE’s contribution to total power generation will increase to 5%, compared to zero in 2009. However, Brunei is still at early stage of the policy development [9]. As tabulated in Table 1, renewable energy resources which are available to utilize in Thailand are biomass, biogas, geothermal, solar, wind, waste toRead More Globalisation and trade liberalization are worldwide phenomena that have1449 Words   |  6 Pagesits trade protections, which can be any actions by national governments that will give an artificial competitive advantage to domestic producers over foreign producers. The changes to the free trade and protection policies has caused a significant improvement in the number of Free Trade Agreements (FTA) and a shift in Australias trading relationships, which in turn has affected firms, individuals and also the Australian government. Since the mid 1970s, Australia has started to reduce protectionRead MoreMarking Report1575 Words   |  7 Pagesother countries. The capital city of Singapore was also Singapore as one state, one city. Nowadays, Prime Minister Lee Hsien Loong governs Singapore as Head of Government. However, Singapore used the Singalish as main language and they also use English, Malay, Mandarin, and Tamil. Moreover, they used their currency as Singapore Dollar (S$). The figure of Singapores Land and Map Source: http://www.wordtravels.com/Travelguide/Countries/Singapore/Map Land Area The total area of Singapore isRead MoreIntensifying Working Women’s Burden: The Impact of Globalization on Women Labor in Asia1464 Words   |  6 Pagescontribute to a country’s development and how the intricacies of free-trade or globalization impacts the lives of women- their personhood, their families and their communities. The research involved about eight (8) Asian countries – India, Hongkong, Thailand, Pakistan, Sri Langka, Indonesia, South Korea and the Philippines with poor women who are very much involved and working in the fishing, agriculture, manufacturing/industrial sectors as well as migrant women workers. The Asia Pacific Research NetworkRead MoreThe Causes And Effects Of Climate Change1084 Words   |  5 Pagesthorough understanding about climate change, the main causes need to be clarified. Generally, it came from two factors; natural factors and human activities. The former disturb the Earth in many ways. For example, firstly, as a result of the Earth s orbit, temperature in each season is different, but too small. These lead to the temperature rising rapidly from approximately 1.8 °C to 4.0 °C over during 21st century which produced global warming (Scott et al., 2011). Next, the transformative energyRead MoreCase Study Toyota Motor Corporation Australia1739 Words   |  7 Pagescompetitive fragmented market structure because of Australia’s low-tariff barriers, structural changes and declining demand due to the global financial crisis, the vicious cycle between the small scale of operations and high cost of manufacturing, government liberal trade policy, the unbalanced trading environment in partner countries as well as the adverse currency direction, compelled Toyota to reconsider its strategies in marketing and manufacturing. In order to counteract the impact of the adverseRead More The Mexican Peso Crisis Essay1602 Words   |  7 PagesEvidences Signaling the Crisis 1.  Ã‚  Ã‚  Ã‚  Ã‚  Decreasing Current Account Deficit versus Increasing Capital Account Balance Mexico was running an increasing current account deficit from US$7.5 billion in 1990 to US$23.4 billion in 1993. This indicates an excess of private investing over private savings. However, the country was able to maintain an improving fiscal account from US$3.6 billion deficit in 1990 to US$0.7 billion surplus in 1993. The deficit in current account was financed through capital funds from

Saturday, December 21, 2019

Comparison Of IM Crazy By J. D. Salinger - 746 Words

When J.D. Salinger went to war, he not only affected his own life, but also the life of Holden Caulfield. Similarities between Salinger and Caulfield are too numerous to write off as coincidence: both went to and flunked out of prep schools, and both had a penchant for language classes. Salinger’s life greatly impacted the plot and style of his works because Salinger used himself as inspiration for Holden, as demonstrated through â€Å"I’m Crazy†, â€Å"Slight Rebellion off Madison†, and The Catcher in the Rye. During the first of three of his works, â€Å"I’m Crazy†, Salinger is comfortable with having Holden closely resemble himself. Holdens idiolect begins to develop, although his angst and his proclivity for cursing, which signify Salinger’s†¦show more content†¦After his â€Å"escape†, from World War II -- Salinger returned to the United States in 1946 -- Salinger’s writing changed drastically again; it no longer reflected a man ashamed of who he was, rather a man with serious mental health issues who was tired of hiding behind a mask of conformity. Nicolaus Mills writes, â€Å"By his own admission, Salinger had come back from World War II†¦ a changed man† (Mills). During his time back, Salinger compiled and edited many of his short stories into what became his best-selling novel, The Catcher in The Rye. The author adapted Holden Caulfield to represent himself again, although the war had left its mark on Salinger’s psyche, turning Holden into an angsty, depressed teen with a tragic backstory of loss and abandonment. Holden’s idiolect changes; the protagonist frequently uses profanity, talks about how depressed he is, and calls other people â€Å"phonies† for not seeing the world in the same way that he does. Additionally, the point-of-view changes back into first-person, closing the fissure between Holden and Salinger which Salinger created in his choi ce to use third-person in â€Å"Slight Rebellion Off Madison†. The reader gets the chance to see Holden’s inner, often hypocritical, thoughts like the following: â€Å"I am always saying Glad tove met you to somebody Im not at all glad I met. If you want to stay alive, you

Friday, December 13, 2019

How effective an adaptation of the play Macbeth is the film ‘Macbeth on the Estate’ Free Essays

string(140) " that Macduff is used as part of the way that the director makes him a larger part of the story, to ask questions about his true character\." Macbeth on the Estate is a modern adaptation of Macbeth. It is set on a modern, run-down housing estate in Birmingham. The major changes from the play are the setting and the characters. We will write a custom essay sample on How effective an adaptation of the play Macbeth is the film ‘Macbeth on the Estate’? or any similar topic only for you Order Now There are much fewer noble qualities about the people and places shown. Instead, the setting is very run-down and poor. The characters are also corrupt and indulgent. A lot of the blame for the bad things that happen in the play seems to be given to characters. For example, the possibility that the witches control Macbeth, and he is not in control is implied to be untrue by suggesting that the effects that seem to be supernatural are simply caused by drugs and the poor conditions. There are also some things done that cannot be done in a theatre, such as camerawork to direct the audience. I believe that the film is a reasonable good conversion of the play into a modern film. I believe that it managed to portray the meaning of the original in a modern way that is easy to understand for modern people, as well as making suggestions about the story. I like how every aspect of Shakespearean world was converted into something of the modern world, for example the castle being converted into a social club. What I don’t like about it is the fact that the language wasn’t changed from the original text. Although it is quite important to keep the film similar to the original, so as not to forget that it is the same play, I think it made the film too much like the original play. I believe that if the setting is changed, the modernisation should be completed by making the language more modern. The point of the film is, after all, to give a modern slant. The language is the most out-of-date part and the most difficult-to-understand part of the play, and I believe that modern language should have been included. I will answer the question of how the ideas have been modernised mainly by giving various examples and explanation of what has been shown in their modernisation. I will answer the question of how the beginning and ending of the play have been changed by describing both beginnings and endings, explaining the changes made and also by giving reasons for changes. I will discuss the change in theatricality by first describing the differences between what can be done in film compared with theatre, and then describing and explaining the particular changes. I will discuss the characters by giving a description of the general change in the characters, and why this is, and then by analysing the change in each character individually, with possible reasons for these changes. I will then discuss how and why the adaptation loses its social and historical meaning and adds a meaning of its own. Shakespeare plays are often modernised to make them more accessible to modern people. This is so that people now can understand the plays, and can understand the meanings behind the plays, because they have been put into a modern context that we can relate to. Some ideas are not actually just translated; they are completed changed, or some are added. For example, the idea of Macbeth being totally evil is changed. Because this modernisation is a film, which means that it has certain ways to direct the audience in a certain way, a select few of the ideas from the original play are translated. An example of these is the idea that Macduff is a complete hero. Although I do not like the fact that only a few ideas are translated, I believe that on the whole, the few that have been translated have been translated well. The beginning and ending of a play or film can be very important for the meaning behind it. Beginnings give the audience a place to start from, to understand the story. They introduce the story and characters, and give the producers a place to start the story from. Endings are useful to round off the story, and give the producers a place to end the story. They are also useful to round off the story for the audience, whether it is a resolved ending or a cliffhanger. The very beginning scene of the play involves the three witches discussing Macbeth. This gives and impression of them controlling the plot, and makes this scene seem like the original source of Macbeth’s evil. The beginning of the film is very different to that of the play. Macduff says an invented dialogue, although the audience does not know who he is at the time. The beginning has a lot of subtle references to the setting and the meanings. Macduff recites the new speech on a large wasteland. When the camera first shows this setting, before Macduff enters the scene, there is nothing restricting the view, and the whole of the frame is used, including the very extremities, so there is no particular focus point. This makes suggestions about the idea of confusion and the lack of focus in the story. The fact that the camera fades in re-enforces this with a feeling of fog. This barren landscape could be a battlefield, possibly like one in the play, reflecting the war-like culture. The fact that we don’t know what it is re-enforces the idea of confusion, and also the idea about the audience deciding themselves about the true meaning of the play. The shot of Macduff is very close to him, and he looks right into the camera. This gives the impression that he is talking directly to the audience. This and the fact that Macduff is in the very first scene, rather than the witches, give an impression that Macduff is controlling the whole story, instead of the supernatural. I believe that Macduff is used as part of the way that the director makes him a larger part of the story, to ask questions about his true character. You read "How effective an adaptation of the play Macbeth is the film ‘Macbeth on the Estate’?" in category "Papers" There are many differences between a play and a film. The main one is that with a play, the audience can interact much more, and can decide the story for themselves. This mainly comes from lack of direction, and the ability to imagine elements of the story. One way in which this is done is by not directing the audience’s view. In a film, because there is a camera, the audience’s view can be directed onto a particular character or object. This means that the audience’s view can also be sub-consciously directed towards a particular meaning to the film. In a play, on the other hand, the audience is free to look at whichever characters they wish, to watch their actions and reactions to other events. This adds an element of the audience being able to decide what really happens in the play, and being able to decide which ideas are true, as well as the director being able to direct the audience to parts which show their own feelings. Another way in which is this is achieved is the difference in how the setting is portrayed. A film can be shot in different locations, making the setting much more believable, and making it seem much more like the characters are in the place where they are supposed to be. One again, this allows the audience to be directed, and shown exactly what the director believes the setting is, leaving no room for imagining it. A play has a much less vivid, defined setting. It is demonstrated by symbolic references to the actual things, meaning that the audience has to imagine them more. This means that a film is better if the director wants to deliberately highlight a particular idea to the audience, and wants to tell them something that they believe in. A play is better for giving a more open story, in which the audience is independent, and decides what is true about the story. Although the setting and characters are updated in the film, the language is not. As I have already mentioned, personally, I do not believe that this is very effective, because I think that if some parts are modernised, all the parts should be, although it is quite important to keep the conversion similar to the original. Tension can be shown very well in film, by using particular camera angles or special effects. This means that the tension in the film is shown much better, which is good, but only some elements of tension are properly shown, because the director has chosen to use only certain ideas. Because of the differences between film and theatre, the audience can also be directed towards certain elements of tension. In film, visual images can be used very well, because it is a visual medium, by using special effects. I do not believe that visual effects are used to a great extent in Macbeth on the Estate. The images used are not particularly used much more than they would be in a play. I do not believe that the potential for visual effects is used fully. Instead, the film loses some of the quality of the language from the play, which is an oral medium, making the film a less effective adaptation. It may be true, though, that the director has chosen to do this because what she wants to tell us is done much more subtly by using changes in the characters and setting. The soliloquies in the film are not adapted from the play very much. No elements that are exclusive to film are used, such as visual effects, making the soliloquies very similar to the originals. This is again because the director only wanted to make subtle changes. The actor can change their character by showing different body language, for example facial expression, and can use different tones to change the meaning of what the character is saying. The way that an actor can change the character is subtle, by changing subtle things not mentioned in the script. The part can be changed in many different ways. Some of these are quite significant, such as changing the original lines, adding soliloquies and changing things that are described directly in the original script. Others are less significant, and only involve changing parts that are not directly expressed in the original script, for example set locations and body language for the actors to use to help slightly change the emotions and related things, which make up the characters. The main alteration to the characters was to make them seem corrupt and not noble, to put them and society partly to blame for everything. It is mainly the characters that are very noble in the play who are changed, to make them seem less so. The major of these is King Duncan. In the play, he was known as a good and much-loved king. In the film, although he is liked a lot by the main characters, he has lost his nobility and kingliness. Instead of his castle, he has a social club, and he is very indulgent. Although all of the characters drink and smoke, he does these to more extent, and he almost never seen without a pint of beer. As well as having un-noble habits, he is also quite a sleazy character. For example, he hassles Lady Macbeth and is unpleasant to some of his servants. He is the main element in the way that the new director shows the environment around Macbeth as being corrupt and his character is changed more extremely than the others, in this way, because he is seen as the figurehead of the nobility in the play, being the most noble. Duncan’s son, Malcolm, seems to be changed to also reflect the corrupt environment, but not as much. As in the play, he does what his father does, and copies him, but this is different in the film. He joins in with the indulgence, but this could just be the result of the world around him. Like in the play, he is quite good-natured, and a good person. The director could have used this to make suggestions about young people, not just now, but always, compared to adults. I believe that the fact that she shows the young people joining in with what the adults are doing, implies that they copy what the people around them do, and they quickly become just like the rest of society. The fact that he is a good person, and is not like his father suggests that people are born good and not corrupt, though, and are not like their environment until it indoctrinates them, and it becomes normality to them. This is one of the suggestions that the director makes about society that is true about today and Shakespeare’s day. Donaldbain rarely appears in the film, and he is only slightly changed, in the same way as Malcolm. Banquo is changed much in the same way as the other people around the royalty; he has also lost nobility and is part of the corrupt society. Fleance remains more or less the same as in the play, but he has more of an element of innocence. He is younger than he seems to be in the film, and he has a very close relationship with his father, relying on him heavily. He seems to be very distressed by the events in the story, and there is strange thing at the end of the film: he points his hand at the camera as if it is a gun, and fires. This could be to show that he has been indoctrinated by the corrupt society, and he is no longer fearful of firing a gun, and killing someone, because Macduff shot Macbeth. I think that he could symbolise the pure good in the story which struggles to survive in the terrible environment, and then in the end has to give up and be lost into the corruption. Macduff is changed the most in relation to the other characters. In the play, he is Scottish, like most of the other characters, meaning that his background does not make him stand out from the others. On the other hand, in the film, all of the other characters are changed into English people from Birmingham. He, on the contrary, is from the West Indies, and so stands out from the other characters due to his background. This is to make him more obviously a very significant character in the story. The director has done this because she wants to portray Macduff as more of a main character than in the film, and wants to ask us about whether or not he is really as heroic as he is shown as in the play. This was because the film explores the good and evil in all of the characters more than in the play. In the play, Macduff was very blatantly shown as a purely good character, though in the film, we are made to question ourselves about whether Macduff is really as honourable as he might seem. The director probably did this because she wanted to show that there can be evil in everyone, and no one is either pure good or pure evil. Making Macduff stand out more helps illuminate what she wanted to convey to the audience. Lady Macduff is one of the characters who has been changed relatively little: in the play, she is quite a good person, and does not have too much character that is shown; also in the film she has little character shown, other than her kindness and motherliness. Although she joins in with the corrupt society a bit, she only does to moderation, and seems quite innocent. I believe that this was because the director did not want to dilute her messages, and the characters that could not help her portray her messages and did not have much significance were kept quite bland, so as not to take away the focal point from the more important characters. The innocence may have slightly helped a suggestion of feminism. The three witches are changed a lot from the film: they have become three children. I believe that the director chose to do this to help her argument about the corrupt society; she implies that they may not really have any powers, and they just cause the characters to believe in the supernatural, and so carry out the predictions themselves. This implication can be valid to show that today’s society is corrupt, and may have changed since Shakespeare’s time, but it could also be used to disagree with Shakespeare, and accuse the supposed supernatural occurrences of his day on the general nature of people. Lady Macbeth is one of the few characters that have had less blame put on her than in the play for the events in the story. The audience is made to feel sympathy for her, unlike in the play, which is done in a number of ways, for example by inventing something about some lost child. The changes to her are all part of the general trend that the characters’ personalities are diluted into being partially good and partially bad, to make everyone, and our society, to blame for the events. I believe that the director very strongly and effectively puts across this message, and makes Lady Macbeth seem more innocent very well. This also suggests a hint of feminism. There seems to be a hint of feminism in the conversion because the female characters are shown as much more innocent that the male characters, but it is not a very strong hint. Macbeth is also relieved of some blame. In the play, he was portrayed as a thoroughly evil man, and his evil deeds were blamed solely him or the witches controlling him. He is also part of the suggestion that society creates evil, and just does what he does because of his society. The characters are mainly changed to help put across the message that the director wants to give the audience about the story. She wants to imply certain things about the individual characters, but she also uses this to give a new impression about society. Although she wants to make implications about how today’s society, and how it would change the situation in the story, she may also want to make implications about timeless aspects of society that have always existed, and possibly to disagree with Shakespeare about how society was then. Although Shakespeare made a great deal of suggestions about society, I think the new director has taken the story further, and made new ones, as well as making alterations and her own touches to the original ones. Although the film seems quite bland and without many of these meanings at first, and it is difficult for the audience to realise these subtle messages when first seen, I think that she has been very successful in showing us her personal feelings about the play and in making suggestions to us about society, as long as the audience can pick them up. Any modernisation of the play inevitably results in the loss of some of its social and historical significance. This is because to understand what is meant by the play, people would need to know what the world was like at the time, and what was happening. When a play is modernised, it stops being about that world, and is about the modern world. There are a lot of modern issues in the film. Some of these are similar to those found in the original play and are only modified, and some are completely new, and are just relevant to modern life. An example of one which is only modified is the violence. The film shows that violence still exists, but in compliance with the idea of there being no nobility, the fighting is changed into dishonourable gang warfare. The modernisation is equally as much about the original play and modern society. Most of the messages behind it concern both in different ways. The best example of an idea, which complies with both, is the idea of no nobility. It works to do with the modern world because it could imply that the nobility is lost, but it could also imply that it never existed, and the people in Shakespeare’s time were just as bad as now. My argument is mainly about how the director has used lots of minor alterations to tell us of her opinion of the original story. I believe that she has used the modernisation to make it easier for modern people to understand, but also as a tool to suggest that what Macbeth does is not entirely the fault of the people who were seen as completely evil before. I think she was very successful in taking Shakespeare’s meanings on further, and developing new, separate ideas, as well as some contrasting with him, for example, not showing the main characters as completely good or evil, which I believe adds a very good personal touch to it, and shows very subtly, yet effectively, her personal beliefs. The main ideas I believe she wanted to put across are: nobody is completely to blame; everyone has no evil and some good; a hint of feminism; the world of Shakespeare’s time exists with us today; there could be other possibilities of why the events in Macbeth happened, that Shakespeare did not include. I think that the film can be appreciated on many different levels: as a simple modernisation for easy understanding, and also as a subtly constructed message about the personal feelings of one person, which can be enjoyed by the observant audience, and can also prompt us to think about what we think about the story, and to wonder what it is really about. How to cite How effective an adaptation of the play Macbeth is the film ‘Macbeth on the Estate’?, Papers

Thursday, December 5, 2019

Business Accounting Supplied by Wollongong

Question: Describe about the Business Accounting for Supplied by Wollongong. Answer: Introduction The building material is supplied by Wollongong. It operates on a small basis however, various economic transactions take place in the business. Therefore, it is a strong need to have tools that will aid in strengthening the business and provide a strong support. MYOB can be used by the business as it is a leading provider of solutions that pertains to business and covers areas such as accounting, job management, reporting, etc (Weistroffer et. al, 2010). Economic transaction in a small wholesale organization Economic transactions are those transactions that are directly involved with the benefit of the company. It is the activity that brings revenue to the company. When it comes to wholesale organization, there are many transactions that are witnessed in the normal routine. Wholesale organization involves tasks on a complex scenario. The day to sales happens in a small wholesale organization that needs a proper recording (Miller, 2002). Further, the inflow and outflow of cash need to be ascertained. Secondly, the stock movement is one of the main economic transactions that need a proper recording. Thirdly, storage of product on various parameters is another important transaction. Further, the exchange of information between the supplier and buyer is yet another economic activity that brings revenue. Fluctuation risk that is linked to price is yet another economic transaction because it impacts the inflow and outflow of funds. These are the economic transactions that are present in the ca se of small business and are importantly linked with the generation of revenue (Porter, 2008). Therefore, utmost attention is needed in this regard. Advantages of using online accounting software tool in comparison to the maintenance of a manual set of books. The online accounting software tool is a big boon to the business and especially the small and medium size business. Such programs can be purchased at relatively low cost. Manual set of books is cumbersome and difficult to prepare. It needs a lot of labor and chances of error are present (MYOB, 2016). However, the accounting tools perform various activities like invoicing, payments, wages, etc. Further, it enables to carry out important function like invoicing, payment of wages and preparation of a report on a regular basis that is the trading and profit and loss account that facilitates the preparation of the balance sheet. The introduction of online software tool provides innumerable advantages over the manual set of books like speed and accuracy. It is the primary advantage that helps in ensuring faster application and process. Moreover, the state of the company can be seen with ease and flexibility. The accounts of customers have updated automatically, the supplier's invoices are recorded on its own, general ledger is updated, etc (Cats, 2016). Therefore, a variety of advantages exists that is not available when it comes to the manual system. Moreover, for a small business, it is important that the internal reports are readily available so that policies can be formulated with ease and flexibility. With the help of software like MYOB the summary of aged debtors can be extracted, valuation of the stock can be done, evaluation of the sales can be done and evaluation of payroll is easy (Cats, 2016). When it comes to the manual system, it takes a lot of time and chances of error are more. Therefore, a slight mistake can hamper the entire process. Further, the best use of the software appears in the fact that when the transaction is entered once, it gets automatically updated with different accounting records as the ledgers are completely integrated. On the contrary, the manual system needs three to four entries for recording the same. It even leads to the motiva tion of the staff as the staff gets experienced in MYOB while manual labor becomes complex (MYOB, 2016). Overall, the use of accounting software leads to savings in terms of cost. Transaction cycle Small wholesale business has two major transaction cycles that are the sales cycle and the financing cycle. Sales cycle The sales cycle of Wollongong-based supplier happens when the order is received from a customer. In this scenario the credit worthiness of the customer is evaluated, the product is then shipped to the customer. An invoice is received and payment is collected accordingly. Therefore, a sale cycle is a set of interrelated activities (Mehdi, 2006). In this scenario, MYOB can play a leading role. Since, the information is system generated, the credit worthiness of the customer can be known with ease and flexibility on the click of a single button. Moreover, the software will help to know the stocks in hand and decision regarding the shipment can be taken accordingly. Purchase cycle For Wollongong, this cycle even matters because supplier for goods is issued a purchase order, receipt of the goods, recording of accounts payable. This cycle is expenditure cycle and MYOB can be useful in this scenario. MYOB can help the company in knowing the requirement of the purchase order. This will help the company to ascertain the goods that are needed for business (Weber, 2016). Moreover, the requirement of cash can be effectively determined with the help of the accounting tool. It will help to know whether the business can operate with the amount of the petty cash or procurement of funds needs to be done. Therefore, this tool helps in taking a strong decision when it comes to strategy. Strategically decision and plans can be formulated. It benefits the company both in terms of cost and policies. Risks and associated costs an organization faces for maintenance of manual set of books Manual set of books becomes cumbersome and prone to a lot of mistakes. In short, computerized accounting scores over manual practices. In the case of a manual set of books, there are various disadvantages that the firm might face. The biggest risk is the manipulation of accounts. This is one of the major problems that concern every organization that uses the manual practices (Brien Marakas, 2009). When it comes to a manual set of books, it can easily tamper and errors are more in this regard. This leads to unethical practices that dupe the innocent customers and lead to serious losses. Secondly, a manual set of books is easily prone to destruction (Kimball, 2008). Accidents, fire, theft, etc can lead to the destruction of the entire records. However, the presence of software has eliminated such risks and lead to ethical practices. Thirdly, preparation of a manual set of books is cumbersome in nature. There are innumerable transactions and a difference or a miss leads to a big error. Moreover, in the case of a manual set of books effect of transaction needs to be provided to every ledger and corresponding entries needs to be passed. However, such a problem is eliminated when software like MYOB is used. Manual set of books needs skilled personnel to look after it and hence, a lot of responsibility rests on him. Further, any audit or inspection takes a lot of time. On the other hand, technological inventions have eliminated such issues. There are various costs that need to be borne when it come to a manual set of books (Predisco, 2016). Costs like office expenditure, the cost of compliance, staff and personnel needs to be incurred. This burdens the organization. If the manual books are complex in nature then requirement of additional staff comes into the picture and this proves to be an additional burden for the company (Brien Marakas, 2009). Similarly, Wollongong will face such a problem if the manual set of books is prepared. Therefore, it is imperative and the need of the hour to have software like MYOB that will aid the organization and enhance the functioning of the company. Conclusion From the above report, it is clear that Wollongong operates on a small scale and to cater to the changing scenario, the presence of online software is essentially needed. MYOB can be used and it has innumerable advantages. The benefits of software-based system in comparison to the manual set of books are highlighted and it comes to the forefront that online system is well equipped and provides innumerable advantages (MYOB, 2016). Therefore, it is highly advocated that software must be used because it is cost effective and plays an important role in the generation of income. Further various other benefits are present that leads to a greater course of activity. Importantly, the fraud is less and hence, the business must vouch for it. References Brien, J Marakas, G 2009, Management Information Systems, McGraw-Hill. Cats 2016, MYOB Training, viewed 23 October 2016 https://www.caats.com.au/myob-training-pi-10.html Kimball, R 2008, The Data Warehouse Lifecycle Toolkit, Wiley. Mehdi, K.P 2006, Emerging Trends and Challenges in Information Technology, Management. Idea Group. Miller, R 2002, The Legal and E-Commerce Environment Today, Thomson Learning. 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