Media Reflections Assignment Example | Topics and Well Written Essays - 2500 words

Media Reflections - Assignment Example What is known with Americans is about the world is more inconsistent to the influence they have and how it control resources. An erroneous rule of thumb for foreign correspondents covering the world’s news is that â€Å"all everyone cares is about earthquakes and rebellions†. On the other hand, most Americans get their news from television and newsletters including magazines. However, television is the last effective media in communicating in-depth news with great knowledge due to its distortions and sparseness. If numbers can mean anything, journals and newspapers are not doing their job in getting Americans informed that they have a lot to learn from other newly developed countries. Most average sized newspapers are found to publish a maximum of one thousand words in a day for foreign news. This discards much of the total words furnished by the syndicates and news agencies. There are estimated less than four hundred full time correspondents for United States news orga nizations internationally serving the U.S. This is fewer than the number of correspondents who were at work at the end of the Second World War. The printing press was found to have numerous effects on people’s association and interactions. It was found to foster nationalism while at the same time promoted individualism. People could not engage in association in the mind of being a liability. The printing press also set up the literacy rates among the working people and on the middle class people. Knowledge was democratized among all members of the state. People could obtain knowledge on specific areas with much support from the printing press (Harrison, 1996). The printing press was as well found to have speeded up the dissemination and the preservation of knowledge among all members of the state. In relation to the internet in the modern day media, these functions of the printing press correspond to the specific effects portrayed through the study of the internet today. Inte raction among individuals is greatly enhanced by the internet while many of the internet users. The internet shapes the users knowledge through the interaction by different people. It democratizes knowledge with no limitation to all users (McLuhan, 2006).   Information is known to be in form of power. This is now known than ever in the third world countries and they are therefore calling for new international order of information. The newly developed countries have their demands going unheeded due to the lack of a substantial change in the world system of information dissemination. The American media in particular, are highly influential. The feature films, popular press, commercial TV and the hit parades were all invented in U.S. they were then imported and copied by the rest of the nations. Very little of the Anglo-American news film agencies and news select the images for the perception of international political information in the world. Information is no longer treated as a c ommodity but as a service at the disposal of every person. In the same way, if a new world order of information is established, the third world nations must consolidate their information media as well as the western highly developed technological states must assist. People make use of the media in criticizing the

Activity-Based Costing (ABC) in Service Industries Case Study - 1

Activity-Based Costing (ABC) in Service Industries - Case Study Example r that the Amazon.com Company is a verified technology leader; it has developed electronic commerce innovations such as personalization of shopping services and easy-to-use search and browse features (Anderson & Young, 2001). Shopping at Amazon.com is fast and safe, incorporating a simple ordering system, secure credit card transactions, and e-mail communication with customers and direct shipping internationally. The Internet is an increasingly significant global medium for online commerce. The Company’s headquarters are based in the Seattle, Washington. The Amazon.com firm successfully accomplished its initial civic offering in the mid-month of the year 1997 and its common stock is listed on the Nasdaq National Market under the symbol AMZN. In many ways, Amazon.com is perhaps the company that is most closely tied with the E-Commerce phenomenon. The company has grown from a bookseller to a fundamental Wal-Mart of the website selling products as diverse such as Music compact discs, game applications, software and apparatus and hardware. The company has also grown at a steady rate with revenues rising from about one hundred million dollars in 1997 to three billion dollars in 2001 (Anderson & Young, 2001). However, the rise in revenue has led to a corresponding increase in operating losses making the company to run a great deficit. The company did make its first quarterly profit of five million dollars in the fourth quarter of 2001. Unfortunately, this was made to decline by vital cumulative losses. Great economists first defined the concept of Activity Based Activity in the late 19th century in that period. Originally, the ABC was focusing on the manufacturing industry where the technical upgrading and output upgrading had reduced the quantity of express labor and the material costs, though there was an increase in the percentage of indirect or overhead cost. In contrast to the traditional cost accounting system, the activity based cost systems originally