Friday, January 31, 2020
Church History Essay Example | Topics and Well Written Essays - 2500 words
Church History - Essay Example Moreover, many of the religions followers were being converted to Finney's theological teachings.3 As Charles Finney's following grew in numbers, so did the criticism he received from those who felt as if Finney was threading and invading their own territories.4 As it has been mentioned, Finney's lectures were broken down by his staunchest opponents. Every single detail of his teachings was analyzed to reveal anything that they might be able to use against him. The following discussion will focus on Finney's thoughts and how these differed from the traditional teachings of the Church. Furthermore, the reactions of various groups and individuals to Charles Finney's lectures will likewise be included in the discussion. The primary objective in undertaking such analyses is to reveal the rationale behind the Finney's castigation. Finney asserts that the need for a revival comes from the assumption that the church is in a, "backslidden state."5 Furthermore, Finney believes that a revival is the rise of the church from its backsliding. This should happen together with the conversion of sinners.6 Finney believes that revival is but merely the commencement of the people's new obedience to God. He furthers this by saying, A revival according to Finney is the renewal of the Ch... g from the backslidden state where members of the church were blind to the state of sinners.8 In this backslidden state, Christians do not see the reality of the truth embedded in the scriptures. Although it may seem as if they admit to such truth, and that, "their conscience and judgment assent to it," the faith of Christians does not see such truth as it stands out in reality.9 Furthermore, Finney believes that, A revival breaks the power of the world and of sin over Christians. It brings them to such a vantage ground that they get a fresh impulse towards heaven. They have a foretaste of heaven, and new desire after union with God; and the charm of the world is broken, and the power of sin overcome. 10 In all of Finney's thoughts regarding revival, one element stands out. Finney's concept of revival is not one that is a gift from heaven. Finney did not believe that a revival is a product of a miracle and that the church needs not to do anything but accept such gift from God. This is what one may deduce from Finney's statements on the origin of a revival, "A revival is not a miracle, nor dependant on a miracle, in any sense. It is a purely philosophical result of the right use of the constituted means."11 This statement clearly explains Finney's concept of a revival. For Finney, the revival is the product of human effort.12 He believes that Christians have the capability to initiate a revival. Miller states Finney's view of spiritual reformation was that of a self-reformation rather than a divine reformation.13 He did not believe that a miracle or a gift from God is needed in order for any miracle to begin. Finney's view of revival was pragmatic just as his view of the universe was. According to Horton, The American pragmatic impulse that produced both Finney and
Thursday, January 23, 2020
Strategic Analysis of Ryanair Essay -- European Carriers Business Airl
1 INTRODUCTION The aim of this report is to carry out a strategic analysis of Ryanair. This will involve investigating the organisation’s external environment, to identify opportunities and threats it might face, and its strategic capability, to isolate key strengths and any weaknesses that need dealing with. Finally, a SWOT analysis will be carried out to assess the extent to which Ryanair’s strategies are suitable to what is happening in its task environment. Ryanair is Europe’s largest low-fares, no-frills short-haul carrier. The organisation was founded in 1985 as a conventional airline but re-launched itself in 1990/1991 as a low-cost carrier, replicating American Southwest Airlines’ business model. Since then Ryanair has grown substantially and successfully. The company currently has 146 routes to 84 destinations in 16 countries, and carries more than 15 million customers annually. Ryanair aims to be Europe’s largest airline in 8 years (www.ryanair.com). 2 ANALYSIS OF THE EXTERNAL ENVIRONMENT This is a crucial part of a strategic analysis because ‘†¦organisations do not exist in a vacuum, they are part of a complex world’ (Bowman 1987:61) and many factors can influence operations, beneficially and unfavourably. However, these can be difficult to comprehend due to their complexity, diversity and fast changing nature. Necessarily a number of techniques have been developed to facilitate the process and to ‘†¦contribute to answering the key managerial question†¦Ã¢â‚¬â„¢of what ‘†¦opportunities and threats might arise in the future’ (Johnson & Scholes 2002:99). 2.1 PESTEL analysis This identifies the main micro-environmental influences by classifying them into six groups: Political, Economical, Sociocultural, Technological, Environmental and Legal. By applying this framework to Ryanair it is possible to summarise the key forces in the general environment (see appendix A) likely to present opportunities and threats to the organisation (Johnson & Scholes 2002). Political  ·Ã‚     ‘Saturday May 1 will mark one of the most important days in recent European history’ (http://europa.eu.int). The continent will see the biggest expansion of EU to date when ten states become new members. For Ryanair new markets will open which suits its growth plans (www.ryanair.com).  ·Ã‚     Stansted airport, owned by BAA, is one of the most rapidly growing airports i... ...al Times Gow, D. (16/02/04)’Ryanair plans zero frills and fares’, The Guardian Hotten, R. (13/03/04) ‘No-frills deal has impact on bmi’, The Times Insley, J. (18/01/04) ‘Happy New Year for second homes’, The Observer Insley, J. (08/02/04) ‘You can make it if you try’, The Observer Newman, C. (03/12/03) ‘Travellers face big rise in air passenger levy’, The Financial Times Pratley, N. (05/02/04) ‘Clipped Wings’, The Guardian Tait, N. (03/12/03) ‘Ryanair in court over wheelchair fee’, The Financial Times Tran, M. (03/02/04) ‘Ryanair’s airport subsidies’, The Guardian Wright, R. (01/12/03) ‘BA threat to sue if Stanstead gets runway’, The Financial Times PESTEL ANALYSIS                               APPENDIX A Political  ·Ã‚     The expansion of the European Union (EU) ·Ã‚     BAA’s proposed Stanstead expansion ·Ã‚     CAA’s new regulations on airport charges Economical ·Ã‚     High oil prices Sociocultural ·Ã‚     Increasing second-home ownership ·Ã‚     Europe’s increasingly ageing population     Technological ·Ã‚     New satellite technology Environmental ·Ã‚     The Global emissions-trading scheme Legal  ·Ã‚     The European Court of Justice ruling Strategic Analysis of Ryanair Essay -- European Carriers Business Airl 1 INTRODUCTION The aim of this report is to carry out a strategic analysis of Ryanair. This will involve investigating the organisation’s external environment, to identify opportunities and threats it might face, and its strategic capability, to isolate key strengths and any weaknesses that need dealing with. Finally, a SWOT analysis will be carried out to assess the extent to which Ryanair’s strategies are suitable to what is happening in its task environment. Ryanair is Europe’s largest low-fares, no-frills short-haul carrier. The organisation was founded in 1985 as a conventional airline but re-launched itself in 1990/1991 as a low-cost carrier, replicating American Southwest Airlines’ business model. Since then Ryanair has grown substantially and successfully. The company currently has 146 routes to 84 destinations in 16 countries, and carries more than 15 million customers annually. Ryanair aims to be Europe’s largest airline in 8 years (www.ryanair.com). 2 ANALYSIS OF THE EXTERNAL ENVIRONMENT This is a crucial part of a strategic analysis because ‘†¦organisations do not exist in a vacuum, they are part of a complex world’ (Bowman 1987:61) and many factors can influence operations, beneficially and unfavourably. However, these can be difficult to comprehend due to their complexity, diversity and fast changing nature. Necessarily a number of techniques have been developed to facilitate the process and to ‘†¦contribute to answering the key managerial question†¦Ã¢â‚¬â„¢of what ‘†¦opportunities and threats might arise in the future’ (Johnson & Scholes 2002:99). 2.1 PESTEL analysis This identifies the main micro-environmental influences by classifying them into six groups: Political, Economical, Sociocultural, Technological, Environmental and Legal. By applying this framework to Ryanair it is possible to summarise the key forces in the general environment (see appendix A) likely to present opportunities and threats to the organisation (Johnson & Scholes 2002). Political  ·Ã‚     ‘Saturday May 1 will mark one of the most important days in recent European history’ (http://europa.eu.int). The continent will see the biggest expansion of EU to date when ten states become new members. For Ryanair new markets will open which suits its growth plans (www.ryanair.com).  ·Ã‚     Stansted airport, owned by BAA, is one of the most rapidly growing airports i... ...al Times Gow, D. (16/02/04)’Ryanair plans zero frills and fares’, The Guardian Hotten, R. (13/03/04) ‘No-frills deal has impact on bmi’, The Times Insley, J. (18/01/04) ‘Happy New Year for second homes’, The Observer Insley, J. (08/02/04) ‘You can make it if you try’, The Observer Newman, C. (03/12/03) ‘Travellers face big rise in air passenger levy’, The Financial Times Pratley, N. (05/02/04) ‘Clipped Wings’, The Guardian Tait, N. (03/12/03) ‘Ryanair in court over wheelchair fee’, The Financial Times Tran, M. (03/02/04) ‘Ryanair’s airport subsidies’, The Guardian Wright, R. (01/12/03) ‘BA threat to sue if Stanstead gets runway’, The Financial Times PESTEL ANALYSIS                               APPENDIX A Political  ·Ã‚     The expansion of the European Union (EU) ·Ã‚     BAA’s proposed Stanstead expansion ·Ã‚     CAA’s new regulations on airport charges Economical ·Ã‚     High oil prices Sociocultural ·Ã‚     Increasing second-home ownership ·Ã‚     Europe’s increasingly ageing population     Technological ·Ã‚     New satellite technology Environmental ·Ã‚     The Global emissions-trading scheme Legal  ·Ã‚     The European Court of Justice ruling
Wednesday, January 15, 2020
Review of Chart of Accounts †Philippines Essay
Review of Chart of Accounts – Philippines Questions and Suggested Answers 1. In China GAAP, the bonds or stocks purchased are categorized as â€Å"Held-for-trading†or â€Å"Available for sale†or â€Å"Long term investment†, based on the purpose of purchase. Does Philippine GAAP have similar categorization? Philippine client want to separate the marketable securities to current or non-current, it means short or long term, right? Answer: The Philippine Financial Reporting Standards (PFRS) [based from International Financial Reporting Standards (IFRS)] classifies â€Å"Investment in Bonds†and â€Å"Investments in Stocks†as financial assets. For this purpose, investments in bonds or stocks are classified as: ? Trading securities (debt or equity securities) o o ? ? â€Å"Financial assets at fair value through profit or loss†by requirement â€Å"Financial assets at fair value through profit or loss†by designation Available-for-sale securities (debt or equity securities) Held-to-maturity securities (debt securities only) These investments are classified as either current (short-tem) or noncurrent (long-term) assets. The account name â€Å"Long-term investment†is not among the financial assets classification in PFRS. Current investments are investments that are by their very nature are readily realizable and are intended to be held for not more than one year. Debt Trading securities Available-forsale v v Equity v v Current v Noncurrent Current or Noncurrent v – Maybe classified as current or noncurrent depending on whether they are intended to be held within one year or for more than one year v Held-tomaturity v 2 For instance, trading securities are normally classified as current assets because these investments are expected to be realized within twelve (12) of the balance sheet date. Noncurrent financial assets are investments other than current investments. This residual definition means that the noncurrent investments are intended to be held for more than one year or are not expected to be realized within twelve months after the end of the reporting period. Trading Securities or Held-for-trading Securities The first category of financial assets under PAS 39 is called â€Å"financial assets at fair value through profit or loss†. This category includes two types of financial assets, they are: A. Financial assets that are held for trading or popularly known as â€Å"trading securities
Tuesday, January 7, 2020
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