Comparing capital expenditure essay

Check the model essay and then read the comments. Many people believe that social networking sites such as Facebook have had a huge negative impact on both individuals and society. To what extent do you agree? Social networking sites, for instance Facebook, are thought by some to have had a detrimental effect on individual people as well as society and local communities.

Comparing capital expenditure essay

There's every reason to believe he was right. In technological terms, we are quite capable of this. And yet it didn't happen. Instead, technology has been marshaled, if anything, to figure out ways to make us all work more.

In order to achieve this, jobs have had to be created that are, effectively, pointless. Huge swathes of people, in Europe and North America in particular, spend their entire working lives performing tasks they secretly believe do not really need to be performed.

The moral and spiritual damage that comes from this situation is profound. It is a scar across our collective soul. Yet virtually no one talks about it.

Why did Keynes' promised utopia—still being eagerly awaited in the '60s—never materialise? The standard line today is that he didn't figure in the massive increase in consumerism.

Given the choice between less hours and more toys and pleasures, we've collectively chosen the latter. This presents a nice morality tale, but even a moment's reflection shows it can't really be true.

Yes, we have witnessed the creation of an endless variety of new jobs and industries since the '20s, but very few have anything to do with the production and distribution of sushi, iPhones, or fancy sneakers. So what are these new jobs, precisely? A recent report comparing employment in the US between and gives us a clear picture and I note, one pretty much exactly echoed in the UK.

Over the course of the last century, the number of workers employed as domestic servants, in industry, and in the farm sector has collapsed dramatically. And these numbers do not even reflect on all those people whose job is to provide administrative, technical, or security support for these industries, or for that matter the whole host of ancillary industries dog-washers, all-night pizza delivery that only exist because everyone else is spending so much of their time working in all the other ones.

It's as if someone were out there making up pointless jobs just for the sake of keeping us all working.

BUS Wk5 Assignment Comparing Capital Expenditures - EssayPanthers

And here, precisely, lies the mystery. In capitalism, this is precisely what is not supposed to happen. Sure, in the old inefficient socialist states like the Soviet Union, where employment was considered both a right and a sacred duty, the system made up as many jobs as they had to this is why in Soviet department stores it took three clerks to sell a piece of meat.

But, of course, this is the sort of very problem market competition is supposed to fix. According to economic theory, at least, the last thing a profit-seeking firm is going to do is shell out money to workers they don't really need to employ.

Still, somehow, it happens. While corporations may engage in ruthless downsizing, the layoffs and speed-ups invariably fall on that class of people who are actually making, moving, fixing and maintaining things; through some strange alchemy no one can quite explain, the number of salaried paper-pushers ultimately seems to expand, and more and more employees find themselves, not unlike Soviet workers actually, working 40 or even 50 hour weeks on paper, but effectively working 15 hours just as Keynes predicted, since the rest of their time is spent organizing or attending motivational seminars, updating their facebook profiles or downloading TV box-sets.

The answer clearly isn't economic: The ruling class has figured out that a happy and productive population with free time on their hands is a mortal danger think of what started to happen when this even began to be approximated in the '60s. And, on the other hand, the feeling that work is a moral value in itself, and that anyone not willing to submit themselves to some kind of intense work discipline for most of their waking hours deserves nothing, is extraordinarily convenient for them.

Once, when contemplating the apparently endless growth of administrative responsibilities in British academic departments, I came up with one possible vision of hell.

Hell is a collection of individuals who are spending the bulk of their time working on a task they don't like and are not especially good at.

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Say they were hired because they were excellent cabinet-makers, and then discover they are expected to spend a great deal of their time frying fish.

Neither does the task really need to be done—at least, there's only a very limited number of fish that need to be fried. Yet somehow, they all become so obsessed with resentment at the thought that some of their co-workers might be spending more time making cabinets, and not doing their fair share of the fish-frying responsibilities, that before long there's endless piles of useless badly cooked fish piling up all over the workshop and it's all that anyone really does.

Comparing capital expenditure essay

I think this is actually a pretty accurate description of the moral dynamics of our own economy. Now, I realise any such argument is going to run into immediate objections: And on one level, this is obviously true. There can be no objective measure of social value. I would not presume to tell someone who is convinced they are making a meaningful contribution to the world that, really, they are not.

But what about those people who are themselves convinced their jobs are meaningless? Not long ago I got back in touch with a school friend who I hadn't seen since I was I was amazed to discover that in the interim, he had become first a poet, then the front man in an indie rock band.Comparing Capital Expenditures In certain industries there are clear leaders.

For example, Wal-Mart is a clear leader in the retail industry and Google is a. Comparing Capital Expenditures Download the previous 3 years annual reports for both companies.

Using the annual reports of both companies, complete the following in a page paper, excluding title and reference page(s). Difference between Funds flow and Cash flow statement: A Cash flow statement is concerned only with the change in cash position while a funds flow analysis is concerned with change in working capital position between two balance sheet dates.

A cash flow statement is merely a record of cash receipts and disbursements. While studying the short-term solvency of a business one is interested. Comparing Walmart and Target Capital Expenditures University Comparing Walmart and Target Capital Expenditures In every business there is always a need for capital expenditures.

Capital Expenditures can be very beneficial and can also differentiate the numbers from rival companies. Comparing Capital Expenditures Select a company and access the last three years’ annual reports.

Next, select a company that is a direct competitor and download. The welfare state is a concept of government in which the state plays a key role in the protection and promotion of the economic and social well-being of its citizens.

It is based on the principles of equality of opportunity, equitable distribution of wealth, and public responsibility for those unable to avail themselves of the minimal provisions for a good life.

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