Financial Report and Its Relevance to Investment Decision

INTRODUCTION: Financial reporting is the process of recording, evaluating and communicating financial information where as investment involved the allocation of resources to investment proposal whose benefit can be derived in future. Shareholders and investors are concerned with value of their investment and any income they expect to drive from shareholdings. Financial reports give them an account of how directors have handled resources given to them. The company Act specify directors’ emoluments, personal interest in contracts showing shareholders what personal benefits directors have derived from the business. Shareholders may exercise their voting rights on what is shown in the accounts especially when they vote for the appointment†¦show more content†¦Therefore, management still does not pay much attention to the needs of having adequate and useful information before attempting to make an economic decision. 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Essay on Bagel Hockey Case - 1344 Words

The Bagel Hockey Case describes the work environment of a cafeteria at a training academy. Most of the non-management employees are students, who show very little interest in their jobs. They are satisfied with doing just enough work to retain their positions and not be reprimanded for poor performance. The atmosphere at the cafeteria is very relaxed and even the managers joke with others. Mrs. Laraby is a manager that is in charge of scheduling, hiring, and firing. She promotes a relaxed and casual work environment, but always expects her employees to follow the company guidelines. The staff has a great deal of respect for Mrs. Laraby and even jokes around with her.†¦show more content†¦This situation certainly presents problems for Mrs. Laraby. She needs to find out if this was an isolated event or if horseplay is prevalent when she is not around. Lack of motivation is clearly a problem that must be dealt with. Another issue that must be considered is if the three employees and manager will be reprimanded for their actions. The job design needs to be reviewed to determine if changes need to be implemented. The behavior of the student employees is very alarming. Bad management is at the root of the problem. The student employees are in desperate need of better leadership. They are unmotivated and have no incentive to work hard and be productive. Another cause of the student employees’ behavior is the cultural view of working in a cafeteria. In the United States, an hourly pay rate service job is not highly regarded. These types of jobs are not considered to be very desirable. As a result, the student employees most likely have low morale and will not be very disappointed if they lose their job. Even more alarming than the behavior of the student employees, is that of the students’ supervisors. The supervisors are part of the group working at the cafeteria. Every member of aShow MoreRelatedAHSC 20Assignment Essay5025 Words   |  21 Pagesand leisure contains elements of work. In my case these were usually surrounding cooking and eating. Both of these things are essential for human beings but for me they are usually in a social setting. Eating is something most people thoroughly enjoy but may not consider it to be leisure. I feel the same way but when I eat with my girlfriend and/or friends when they come over I find myself very relaxed and enjoy the food and conversation. In this case, an essential activity was very enjoyable soRead MoreWhat Are Cultural Factors That Promote Caribbean Integration6924 Words   |  28 Pagescountries and helped shape (through advertising) the lifestyle aspirations of people—especially the young. Vendors of traditional foods have resp onded by adapting the fast-food industry’s approach to the promotion, production and sale of food. In some cases the fast-food giants have adapted their products to the cultural context in which they operate. Cultural diffusion: the dispersion, or spread, of different cultural elements between countries. Cultural adaptation: the modification of a culture toRead MoreDamodaran Book on Investment Valuation, 2nd Edition398423 Words   |  1594 Pagessuccessfully investing in and managing these assets lies in understanding not only what the value is but also the sources of the value. Any asset can be valued, but some assets are easier to value than others and the details of valuation will vary from case to case. Thus, the valuation of a share of a real estate property will require different information and follow a different format than the valuation of a publicly traded stock. What is surprising, however, is not the differences in valuation techniquesRead MoreDeveloping Management Skills404131 Words   |  1617 PagesUnderstanding and Appreciating Individual Differences Important Areas of Self-Awareness 61 Emotional Intelligence 62 Values 65 Ethical Decision Making and Values 72 Cognitive S tyle 74 Attitudes Toward Change 76 Core Self-Evaluation 79 SKILL ANALYSIS 84 Cases Involving Self-Awareness 84 Communist Prison Camp 84 Computerized Exam 85 Decision Dilemmas 86 SKILL PRACTICE 89 Exercises for Improving Self-Awareness Through Self-Disclosure 89 Through the Looking Glass 89 Diagnosing Managerial Characteristics 90

Deforestation in the Amazon rainforest Free Essays

In this assignment I will be investigating Deforestation in the Amazon rainforest. I have been given a hypothesis, which I have to agree or disagree with the statement by using the sources and from my own research. The hypothesis I have been given is ‘Deforestation of the Amazon rainforest is a major global environmental issue that only the Brazilian government can solve’. We will write a custom essay sample on Deforestation in the Amazon rainforest or any similar topic only for you Order Now The whole issue is about deforestation, Deforestation is the felling and clearance of the forest land. It began in the Mediterranean lands many centuries ago. Today is mainly taking place in the less economically developed countries that have the tropical rainforests as their natural vegetation. The Amazon rainforest in Brazil is one of the largest rainforest in the world, it contains 50% of the world’s animal population and it produces one third of the world’s oxygen. Pharmatical Company’s across the world use plants from the forest to produce life saving medicines for the people of the world. How and why is the rainforest being cleared ? There are many reasons to why the rainforest is being cleared. One of them is that the Brazilian government has allowed deforestation to take place in the Amazon rainforest is because they are in debt. They have let the Multinational companies deforest the rainforest so that they can raise money to pay off their debt owed to the banks in the MEDC countries. These developments are taking place now in the Amazon rainforest e.g. Commercial logging, cattle ranches, raw materials, mining and e.t.c. when these development takes place large areas of the rainforest has to be cleared out. From my research I found out that only 5% of the forest trees are actually wanted by the loggers but to get those trees they have to damage or destroy 65% of the remaining ones. What groups benefit from deforestation in the Amazon rainforest ? They are many people and groups that benefit from deforestation in the Amazon rainforest. Mostly the MNC’s, they have cleared large areas for cattle ranching. They have burnt down trees and replaced it with grass. Then the beef which is produced from the cattle ranches is gone to Europe and US to be made into burgers. The MNC’s are also involved in logging, which has been permitted only in 13 designated areas. Source E supports my point, it says that â€Å"The USA is the main importer of Brazilian mahogany†. The multinational companies pay tax for every area they felled but they benefit from it because the money goes back to the banks in MEDC countries to pay off their debts. The external debt of Brazil’s is getting lower by letting people and companies fell the trees in the rainforest as you can see in Source G shows a graph of the external debt of Brazil, which shows at the beginning the debt was low and then in the middle it got higher and now its getting lower. This source is consistent with Source J because it tells how the external debt got higher. In the Amazon rainforest large areas are being cleared to make hydro electric PowerStation because it rains a lot in the rainforest so there is unlimited water supply. The HEP stations provide cheap and plentiful energy for transport, domestic use and industry. The mining companies also benefit from it because there are huge deposits of iron ore, copper, gold, bauxite and other minerals in the rainforests. So these companies have felled the trees to build roads through the forest to reach these deposits. What are the negative consequences of deforestation ? Deforestation has many negative consequences globally and locally. The Amazon rainforest in Brazil is responsible for producing one third of the world’s oxygen. Many trees have been felled, which has increased global warming because carbon dioxide is getting higher. Because of the increase of carbon dioxide it has started to destroy the ozone layer, which then lets the harmful rays from the sun reach earth. As you can see source O States how carbon dioxide goes into air and also source P which also shows that America is the largest polluter. Source R also shows us that if there were no trees there won’t be any oxygen, it also shows in the picture the clouds representing pollution. The other consequences are loss of wildlife where birds and insects rely on trees for food and shelter. There is a loss in medicine. It has also killed 96% of the Indians living in the rainforest because of the arrival of the Europeans. Those remaining have been driven from their homes by the constructions of roads, mines, reservoirs, cattle ranches and also forced to live in reservations. Source A talks about the Indians who are dying as development takes place. Their life styles are changing. The felling of the trees has also led to soil erosion by the rain in the rainforest. It rains every half and hour and is led to frequent flooding because there are no trees. All the rich soil which has the humus in it is flowed away by the flooding. After the rain there is a lot of heat given by the sun which bakes the poor soil, which then the areas of the forest which don’t have trees turn into deserts. As it is also stated in source F in the second paragraph that the â€Å"Scientific studies have repeatedly shown that the Amazon soil is not suitable for agriculture and cattle ranching†. The hardwood is also becoming endangered. Source E also shows that the MNC’s buy raw material like mahogany which they know come in illegal areas which they turn the blind eye on purpose. This source also talks about slavery which existed in the rainforest, which was abolished in 1888. People went to complain to the police about this but the police were corrupt and bribed and w ere useless. Government Actions The government is facing great problems now like the debts its facing which is getting higher everyday because of its interests. Brazil is trapped in the cycle of poverty. The government is also involved in causing more global warming and itself has done some deforestation in the rainforest. The other actions the government took was when the cities in the south east were very overcrowded and they reduce this problem by giving these people land in the middle of the rainforest where there wasn’t a good infrastructure. The government has protected National Parks as it says in source C that the government has protected the rare areas of outstanding natural beauty to preserve and protect the future as these cannot be produced again. There are many companies who take advantage of Brazil’s cheap resources. The Brazilian government has employed people from the favelas to work for these companies so the profit does not go straight out of the companies. Evaluation of the sources used ! Source A is against development and it’s quite recent. It says it’s a Brazilian newspaper but we don’t know which one, we don’t know how many Amerindians there were in the beginning. It’s incomplete and it also tells us that the Multinational Companies (MNC’s) and the government are working together to move the people to the Amazon. Source C is about what is the government doing? This source is sustainable but it is inconsistence and has exaggerated the facts like when it says in the third paragraph â€Å"From 2001 to April 2002, it transferred 20 million hectares.† When the source was adapted from a Brazilian newspaper which we don’t know in March 2002. This shows that the dates were exaggerated because April 2002 had not come yet. Source E is against development and is reliable because it’s a broad sheet which is more reliable than tabloid. There are other reasons why is reliable that is it there has been an interview with the MNC’s, it’s got facts, its quite recent, it has got dates and it tells us the true corruption. Source F is against development. Although the first paragraph is reliable because of the via satellite which does not lie but the second paragraph we don’t know which scientific studies. Although this source is from the charity which most of the time charities exaggerate so that they get money and get known. But this source is reliable because they have done space research. Source G is for development because it’s showing that by letting the MNC’s deforest the rainforest their debt is getting lower. It is also reliable because it’s consistent with source J and we also know the newspaper. Source J is for development. The headline is exaggerated. It is very reliable because it’s consistent with source G but only the date is old. Source O is against development and it’s reliable because the source is adapted from the UN. This source is 5 years old. Source P is against development and it’s reliable because the source is from the UN. This source tells us that America is the largest polluter. This source is also 5 years old. Source R is against development. This source could be bias. This source shows us that the trees which provide oxygen are not there now, the clouds shows pollution and the person is getting bigger. Conclusion In my conclusion I agree with the hypothesis that only the Brazilian government can solve deforestation in the Amazon rainforest because they have started it and they are the one who can end it. One way they can make money without damaging or destroying the rainforest is by increasing their export so that their trade becomes surplus, that means that they export more than they import and by doing this they will get more money. There are two conflicts of interest in the rainforest. One is the groups that want to use the rainforest to make money. The other group of people wants to protect the rainforest and leave it as it is. In the middle are the people who live there. These people living in the forest want to preserve and use the resources from the forest to improve their standard of living. The solution to this is to manage the rainforest sustainable which is using the resources carefully like when cutting down the trees needed you shouldn’t destroy the surroundings with it. The Brazilian government can also charge more tax for every area the MNC’s deforest and also make them plant 3 more trees in that area. How to cite Deforestation in the Amazon rainforest, Papers Deforestation In The Amazon Rainforest Free Essays In this coursework I will be investigating deforestation and stating my opinion on whether I think it should continue or not in the Amazon Rainforest In doing so I will identify the various different values and attitudes. In this assignment I will include maps as well as diagrams, graphs, charts. The Earth is a constant changing system; a serious type of change that is being contributed by man, is deforestation. We will write a custom essay sample on Deforestation In The Amazon Rainforest or any similar topic only for you Order Now Deforestation is the clearing out of forests so that they can cultivated and used for other purposes. Due to this particular method of cultivating land it has resulted with vast areas of the Amazon rainforest being totally destroyed far beyond repair. Because of this scientists fear that many natural medicinal plants and vegetation may be lost permanently. Deforestation In The Amazon Rainforest Deforestation robs the world of countless species, destroying crucial Biodiversity and losing species with potential uses in medicine, agriculture and industry. Biodiversity is important because it contributes to resiliency in my opinion and should take precedence. The main worry for environmentalists such as my self is that many species are being lost as their habitats are being destroyed. In a rainforest, certain small areas are individual, specific habitats themselves. This means that if one small area of the rainforest is cleared, it could mean that a whole series of species are wiped out. The clearing of trees causes the roots anchoring the soil in the land to be destroyed, the removal of leaves and branches that intercept eight out of every ten raindrops lead to soil erosion. These devastating effects cause the land to become inhospitable and lead to the further cutting down of trees to provide new agricultural land. Nearly 40 percent of all the tropical rainforest left in the world is in the Brazilian Amazon. Brazil, the largest country in South America, has perhaps the best opportunity remaining to save large tracks of tropical rainforest. Although Brazil has lost approximately 58 percent of its frontier forests (large tracks of relatively undisturbed old growth forest), the country still has are over 772,200 square miles of frontier forest, among the largest amount of any country worldwide. Brazil is also home to a second, less famous rainforest, the Atlantic Rainforest. This strip of rainforest extends from the northeast coast down to the southern state of Parana. Formerly covering more than 386, 100 square miles, only 5 percent of the original Atlantic Rainforest remains. Many species that live here, including river otters, jaguars, and armadillos, are at high risk of extinction due to habitat loss caused by logging and agricultural clearing. The Amazon is one of the world’s great rainforests and its river, is longer than any river but the Nile. The vast Amazon basin covers more than two and a half million square miles, more than any other rainforest but for how long will this be the case? The Amazon rainforest is located in South America, where its area takes up a quarter of the content. The forest is so large it spans nine countries French Guyana, Brazil, Suriname, Guyana, Venezuela, Columbia, Ecuador, Peru, and Bolivia. It has an extremely humid climate as do most rainforests due its equatorial location which means it rains frequently â€Å"The rain becomes trapped in canopy causing heat† Warm air caring water vapor will rise Warm air that falls here will become trapped in the canopy this will raise the temperature. The Amazon rainforest has many different species of plants and animals. For plant species there are between 5,000,000 and 30,000,000 (estimated). Only a little more than 30,000 have been classified and this represents 10% of all plants around the world. As for animal species there are about 324 mammals, and there are 2,500 to 3,000 species of fresh water fishes in the Amazon River. â€Å"Statistics in this paragraph were taken from: http://oz. plymouth. du/~lts/conservation/Ecosystems/amazon. html† Deforestation In The Amazon Rainforest The Correlation between Deforestation And Soil Erosion: Once trees are felled there are no leaves to protect the soil beneath, from heavy rainfall also there are no roots to hold the saturated soil in place. When this occurs it makes it extremely easy for soil to be washed or blown away. Then the area of land becomes useless because you can’t build on it because foundations won’t be stable enough and you can’t cultivate it â€Å"grow crops† because nutrients such as silt etc have been washed/blown away. Nobody benefits. Soil Loss In Tones Per Hectare Per Year. : Bare Soil : Pasture : Crop Land : Rain/Forest As you can see when a area of land is bare the soil erosion is at its highest and when it’s left alone as Rain/Forest it’s at its lowest the activity of deforestation obviously affects the rain forest but soil erosion is a perfect example of a more subtle affect, it not only damages the rainforest directly but also damages cultivating potential for the area and any future plans you may have for the site e. g. building etc Deforestation occurs in many forms most of the clearing is done for agricultural purposes grazing, planting crops, cattle ranches etc. Poor farmers place pressure on the Brazilian government and local authorities to allow them to cut down small areas of Rainforest (typically a few acres) and burn the tree trunks in a process called slash and burn. Slash and burn is the traditional method used by the American Indianans of the rainforest and they all ways replace the areas they damage. Although this method is the most sustainaiable it’s the most dangerous and one of the most abused. Desperate farmers will request an area of land to be cultivated and purposely let the fire grow beyond control so they will be able to claim a few acres extra, due to the fact the slash and burn method is never exact and the method is so finial. â€Å"Once it’s done its done† the government feels they are powerless. Intensive or modern agriculture occurs on a far greater scale, sometimes deforesting several square miles at a time. Large cattle pastures often replace rainforest to grow beef and such like for the world market, mostly for fast the food industry. McDonald’s etc. Commercial logging is another common form of deforestation, cutting trees for sale as timber or pulp. Logging can occur selectively-where only the economically valuable species of tree are cut, or by clearcutting, where all the trees are cut. Commercial logging uses heavy machinery, such as bulldozers, road graders, and log skidders, to remove cut trees and build roads, which is just as damaging to the rainforest overall as the chainsaws are to the individual trees. Deforestation In The Amazon Rainforest Deforestation by peasant farmers is often done to raise crops for self-subsistence, and is driven by the basic human need for food. Most tropical countries are very poor by U. S. standards, and farming is a basic way of life for a large part of the population. In Brazil, for example, the average annual earnings per person is U. S. $5400, compared to $26,980 per person in the United State The causes of deforestation are very complex. A competitive global economy drives the need for money in economically challenged tropical countries such as Brazil. Governments sell logging concessions to raise money for other vitial projects such as hospitials and schooling, to pay international debt, or to develop a more advanced industry infer structure. For example, Brazil had an international debt of $159 billion in 1995, on which it must make regular payments each year. The logging companies seek to exploit the rainforest and make a profit from the sales of pulp and valuable hardwoods such as mahogany. Brazil hasn’t got much to offer the world in material goods other than what resources it has in its Rainforest so their government feels that if they don’t continue to allow this clear and obvious exploitation of the rainforest they will fall behind in their payments and be unable to support their expanding population. I would describe Brazil as a middle income developing country I would place it in the same bracket as Mexico and Malaysia Its â€Å"GNP US $ PER CAPITA† is 3020 and it has a high infant mortality rate 57. One can only assume that a government would want to change these statistics and the easiest and quickest way for the brazilin government to get there hands on the money to do this is through the rainforest. Some other effects of deforestation are less rainfall so the cleared land becomes much drier possibly even a desert. More CO2 in the air this increases the greenhouse gasses causing global warming and climate change. Industry and power stations that have been built give off more C02 fewer trees to produce oxygen and absorb CO2. Fewer trees means less transpiration and this mean less water vapor in the air less water vapor in the air means less condensation overall. Many birds, insects, and animals rely upon the rainforest as a food source and for shelter. After deforestation they will either die or be forced to move away from there natural habitat when animals move some where else it will put a strain on other food chains and may even cause a mass extension. When the Rainforest is cleared peoples that lived there before are forced to leave and mix with the mainstream population this has had dire effects on them because when they mix with people outside the rainforest they develop illnesses that they had no immunity from there immune systems can’t cope with western illnesses â€Å"measles, influenza† Those who are brave enough to stick out and stay are soon driven out from their homes by the construction of roads mines and reservoirs. Many people who tri to resist developers are killed by developers. Trees absorb a tremendous amount of water if there are no trees the water will sink into the soil and change it to mud If it continues to rain many surrounding crops will be ruined because of flooding Humus Cycle In Area of Tropical Rainforest Rich Tree Growth Numerous Fallen Leaves Leaves Decay To for Humus Nutrients Added To Soil Humus Cycle In Area of Forest That’s Been Cleared Poor Quality Vegetation Fewer Trees And Leaves Less Humus Fewer Nutrients Added To Soil Less fertile Deforestation In The Amazon Rainforest People Living In Urban Areas In Brazil % In This Graph you can see that the number of people choosing to live in urban areas is increasing dramatically this is one of the reasons the Brazilian government continues to clear vast areas of rainforest. The cleared areas can be turned into residential areas to house more and more people. Statistics for this graph were taken from the Key Geography book Cleared Natural Forest In Order To Build Roads For Mining Access In This graph you can see that Brazil has by far the highest clearance for mining access. This is because the Brazilian government export masses of mined goods found in and around the rainforest such as gold, sliver, and iron ore. Statistics for this graph were taken fromWWW. GREENPEACE. COM Deforestation in the Amazon Rainforest Groups of people that support deforestation in the Amazon rainforest are the Logging and mining companies as well as the various governments. Multinational companies support deforestation because they are supplying for demand and a huge market, if people want mahogany furniture and rare gems/metals then they’ll go and clear entire forests in order to give it to them and make a huge profit in the process. These companies see developing countries as an easy target they can clear huge areas of forest and pay them a fraction of what they should do the ironic thing is they no they’ll be grateful for the money because they can barley support there expanding populations. As an outsider you would see these actions as inhuman and immoral but they do help the countries where deforestation is taking place a great deal. Many of these countries have nothing to offer other that holiday destinations so the only thing they can sell sad as it may seem is there heritage and Rainforest. When land has been cultivated through logging and mining the money will go to the government who will spend the money on its population in the form of a better education or hospitals and roads so the peoples of these countries are benefiting slightly but some people may say that its not worth it in the long term if they keep on then sooner or later there will no rainforests at all then the big companies will leave them with nothing. Places where there is a growing population in urban areas such as Brazil find them selves allowing big companies to destroy their rainforest in order for them to afford to destroy it them selves in processing large rainforest areas into residents for people to live in. Any one would love to earn something for nothing and that’s exactly how these companies view it they get these valuable materials for next too nothing and sell them on for extortionate prices. They see them selves as aiding the developing countries and in a way they are but what they are actually doing is feeding them with one hand and killing them with the other. There are many groups of people that do not support deforestation in the Amazon rainforest such as the natives that lived in the rainforest; they see developers not as savors and job makers but as ruthless exploiters that kill vast amounts of animals and wild life with no remorse. Other reasons both the natives and local people are so against the clearing of the rainforest are they don’t actually see any benefits in return the government often waste money on city expansion, national defense ,and economic aid which comes as a surprise since they can hardly feed them selves let alone any one else. When forest clearing was first introduced the main reason was to help them get out of debt but people who don’t agree with deforestation will say they never been in so much debt they were better of living in small villages before at least then they could feed themselves and lived a less complicated life. The amount of land with trees on it shrinks each year. It gets harder and harder to meet local and global demands for wood and is extremely stressful and for what? Some people have proposed that the solution to tropical deforestation is to set aside vast areas as parks and reserves. This may buy enough time to give local governments a chance to address the underlying causes of deforestation-poverty, growing populations, and misguided policies. And many people feel that setting aside tropical reserves will ensure that unused areas will continue to exist. They point out that many species can’t survive in managed (human-used) forests. Local people may say that the rainforest is one of the main reasons people come to visit them without that then they will lose a lot of revenue gained through tourists. People have not dwelt in large numbers throughout the tropical rain forests, but small groups of people live throughout the region. They constantly move around and clear small areas and plant crops. When they reach an area they want to use, they chop down trees and burn them in order to create a clear area. They then plant seeds in the ashes–but after a few years the soil nutrients become used up and it is no longer good for gardening, so they move somewhere else and start the process all over again. This process is called slash-and-burn cultivation, which can support a small population but will not work with larger ones. How to cite Deforestation In The Amazon Rainforest, Papers

Self and Community Exploring The Anatomy of Modern Society

Question: Discuss about theSelf and Communityfor Exploring The Anatomy of Modern Society. Answer: The Common Good: Concern of Self-Esteem and Self Realization The concept of Catholic Social Thought (CST) is integrated in to the fabric of the sense of Common Good. It has been observed over time that many people are not aware of Catholic Social Thought. However, it is only when they are taught about the CST that they find meaning into the subject. It deals with social awareness through experimental learning through expansion of experiences. This document assists people in amalgamating CST with experience of Church service with the concept of social justice. The principle of CST is taken from papal documents, conical document, and statement from bishop conferences held during the last 100 years or more. The papal documents are implicit by referring the underpinning the principle in scripture and studying life and activities of the followers of Christianity. The maturity of CST holds water in hypothesis and observation (Davies, 2015). Reading the description of principles of CST, it is seen that though the principle is standalone, it has bearing on the social truths. The basis of the Common Good is on the assimilation of the CST, humans are social beings with mutual interdependence and interrelationship. (Principle 1) CST aims to improve human dignity through the image of God. This dignity needs to be viewed in conjuncture to the development of the Common Good (Principle 2). Human Rights protect the issues of Human Dignity through a spectrum of human duties. This includes creation of promoting rights and duties through humane conditions of living for the population. Protection of Human Dignity at work through accepting workers rights is a part of the principle (Principle 3). The marginalized persons are called poor through the options of CST. Valuing the economically unprivileged upfront should be the basis of decision making (Principle 4) (Feely, 2005). As messengers of God, the environment needs to be faced in terms of earthly population, and the disproportionate affects on the environment attracts concerns (Principle 5). Responsiveness to decision making refers to addressing the challenges in each sphere. Principle of subsidiary relates to grassroots level actions. (Principle 6) The Common Good Detailed explanation of each principles with examples portray how people have adopted the sense of each Principle vis--vis their experiences in societal concerns we are engaging the ongoing conversation (Vatican, 2015). The Common Good is a basic Principle and is related to Human Dignity leading to harmony and cohesion. Since Humans are a social being, personality rights require being in tune with the Principle of Common Good. Opposing the long standing culture bias is the Christian thought of Common Good. It is deeply rooted in biblical and patristic thoughts. The deserving can be accurately resolved through the interweaving of Common Good and the requirements of the underprivileged. Pope John Paul II has reorganized the erstwhile fervor to address the reality of the modern economy. The Common Good is understood as the benefit coming into subsistence in any community through cohesion amongst the actors (Coc, 2008). Life and Dignity; Human Being In the thoughts of John Paul II the issue of solidarity as a virtue appears. He says that, only virtue endorsed by each person singly is not enough. It is needs to be articulated in economical, cultural, politico- religious institution that shapes our social milieu. Common Good is grounded on the concept of community participation. With the increasing human interactions, the concept of Common Good takes an increasing collective feature, and involves the sense of rights and duties of the human society. Experience of the development of Common Good, should be built through individual rights. To make the underprivileged an equal participant, it is necessary to forego the good of the haves. It requires transformation of lifestyle, production and consumption which governs societies to describe the surplus that is produced (Annett, 2016). The Correlation of Right and Responsibility Actors have the right to take part in societal matters, by looking for common well being of the underprivileged. Advantage of an individual cannot be realized without population participation in the entire range of social milieu, unlike in a dictatorship, where the government extorts all voluntary association. It is human right to participate in that institution necessary for human existence. Family is the fulcrum of social foundation that needs to be augmented and strengthened and not underplayed. Whilst, exhaling individualism, the CST preaches that association with society, families and social institutions foster growth, defend dignity and encourage the Common Good, so that human beings fulfill their desires. The suitable and primary solution to paucity is those that allow people to control their lives (Acu, 2016). Stewardship and Care for Crreation Consultative: Possibility of following the US bishop would be possible at the national or regional level through a counseling process in generating documents on important social issues. Thus the presentation of the documents can be held in esteem. Teaching through a well-versed church is increasing recognized as integral to the pedagogy. Ecumenical: There is possibility of exploring the method to teach social truths ecumenically. The body of Chircheshas worked for long in the domain of racism, poverty and veracity of creation. Close cooperation is always a win-win situation. European Ecumenical Assembly has shown the effectiveness of co-operation. Gaps: Thoughts are that, CST will require developing and applying its line of attack to new social context. The most understandable gap is the role of a woman. It was the fulcrum of a Bishop pastoral draft circulated earlier, but introverted under force from the Vatican. These movements gave rise to Challenge of Peace (1983), Economic Justice for All (1986), Renewing the Earth (1991). These were disseminated initially as advice-giving document (Socialconcerns, 2015). Subsidiary: All authority and discussion building in the world should be at the local level, attuned with Common Good. Subsidiary will represent authority being decentralized, meaning fleeting proper powers upwards or downwards. The equilibrium amid the perpendicular (subsidiary) and the parallel (solidarity) is attained through the orientation to the Common Good. Commitment to the World: The committee presents the humankind in constructive terms produced and exchanged by God. Our role is in the designer plan functioning for its realization account. Hence, CST has urbanized a universal vision touching every level in civilization of the nation. Its role in peace has become more serious. Preaching the Gospel: Justice action and participation on behalf of the world, in the conversion of the planet, is a measurement of the demonization of the Gospel. Meaning, when this measurement is absent in our preaching we are fading to sermonize the Gospel. Interpretation of the Signs: It is the duty of the church to scrutinize the signs and interpret them as per the Gospel. It is believed that God speaks through soul account, or that Church learns from the humanity where Gods strength is in action. The earth is a part of Gods creation for the human transformation that we are responsible for (Cctwincities, 2016). References: Acu. (2016, 07 22). Unit Display. Retrieved 10 23, 2016, from Acu: https://www.acu.edu.au/units/2017/units_2017/unit_display?unit=uncc100 Annett, A. (2016). Human Flourishing, The Common Good, And Catholic Social Teaching. Columbia: Columbia University. Cctwincities. (2016). Common Good and Community. Retrieved 10 23, 2016, from cctwincities: https://www.cctwincities.org/education-advocacy/catholic-social-teaching/notable-quotations/common-good-and-community/ Coc. (2008). The principle of the common good. Retrieved 10 23, 2016, from Center of Concern: https://www.coc.org/files/principle.pdf Davies, B. (2015). Further Explanation. Retrieved 10 23, 2016, from Catholic Social Teaching: https://www.catholicsocialteaching.org.uk/principles/info/ Feely, S. K. (2005). The Principle of Human Dignity. Human Dignity , 1-10. Socialconcerns. (2015). An introduction to the principles ofcatholic social thought. Retrieved 10 23, 2016, from Center for Social Concerns: https://socialconcerns.nd.edu/content/introduction-principles-catholic-social-thought Vatican. (2015). Life In Christ. Retrieved 10 23, 2016, from vatican: https://www.vatican.va/archive/ccc_css/archive/catechism/p3s1c2a2.htm