Thursday, December 26, 2019

The Most Popular Countries as Tourist Destinations

Tourism to a location means big money is coming to town. Its No. 3 in the biggest economic sectors in the world, according to the report from  the UN World  Tourism Organization. International travel has been on the rise for decades, as increasing numbers of locations invest in bringing people in to visit and spend money. From 2011 to 2016, tourism grew faster than  international trade of goods. The industry is only expected to grow (the report projects out to 2030). Peoples increased purchasing power, improved air connectivity around the world, and more affordable travel overall are reasons for the increase in people visiting other countries. In many developing nations, tourism is the top industry and is expected to grow twice as fast as growth in more mature economies with established tourist spots and a high number of visitors each year already.   Where Are People Going? Most tourists visit places in the same region as their home country. Half of the worlds international arrivals went to Europe in 2016 (616 million), 25 percent to the Asia/Pacific region (308 million), and 16 percent to the Americas (nearly 200 million).  Asia and the Pacific had the biggest tourist number gains in 2016 (9 percent), followed by Africa (8 percent), and the Americas (3 percent). In South America,  the zika virus in some countries didnt affect travel to the continent overall. The Middle East saw a 4 percent drop in tourism. Snapshots and Top Gains France, though at the top of the list for receiving tourists, had a bit of a drop (2 percent) following what the report called security incidents, likely referring to the Charlie Hebdo and simultaneous concert hall/stadium/restaurant attacks of 2015, as did Belgium (10 percent). In Asia, Japan had its fifth straight year of double-digit growth (22 percent), and Vietnam saw an increase of 26 percent over the previous year. Growth in Australia and New Zealand is attributed to increased air capacity. In South America, Chile in 2016 posted its third straight year of double-digit growth (26 percent). Brazil saw an increase of 4 percent due to the Olympics, and Ecuador had a slight drop after its April earthquake. Travel to Cuba increased by 14 percent. Former President Barack Obama had eased restrictions for U.S. travelers, and the first flights from the mainland touched  down there in August 2016. Time will tell what President Donald Trumps changes to the rules will do to Cubas tourism from the United States. Why Go? Just over half of the visitors traveled for recreation; 27 percent were people visiting friends and family, traveling for religious purposes  such as a pilgrimage, receiving health care, or for other reasons; and 13 percent reported traveling for business. A bit more than half of the visitors went by air (55 percent) than land (45 percent).   Whos Going? The leaders in countries residents heading elsewhere as tourists included China, the United States, and Germany, with the amount spent by tourists also following that order. The following is a listing of the 10 most popular countries as destinations for international travelers.  Following each tourist destination country is the number of international tourist arrivals for 2016. Around the world, international tourist numbers reached 1.265 billion people in 2016 ($1.220 trillion spent), up from 674 million in 2000 ($495 billion spent).   Top 10 Countries by Number of Visitors France: 82,600,000United States: 75,600,000Spain:  75,600,000  China:  59,300,000Italy: 52,400,000United Kingdom:  35,800,000Germany:  35,600,000Mexico:  35,000,000*Thailand: 32,600,000Turkey: 39,500,000 (2015) Top 10 Countries by Amount of Tourist Money Spent United States: $205.9 billion  Spain: $60.3  billion  Thailand: $49.9  billionChina: $44.4  billionFrance: $42.5 billionItaly: $40.2 billionUnited Kingdom: $39.6  billionGermany: $37.4  billionHong Kong (China): $32.9  billionAustralia: $32.4  billion * Much of Mexicos total can be attributed to residents of the United States visiting; it captures American tourists due to its proximity and its favorable exchange rate.

Wednesday, December 18, 2019

Becoming a Mentor - 908 Words

One thing I believe is a necessity in growing up is having a mentor. Having a mentor is, not only, beneficial for the mentee but also the mentor. Being a mentor is a learning experience for everyone participating, it helps people grow as a person and friendships are created when a bond if formed. Some people might think its a waste of time for a child or that itll never work out for a troubled delinquent but based on the research Ive done, I have proven them wrong. Through-out this paper I will provide the pros and cons of mentoring and how they affect both mentor and mentee. To back up my proposal that mentoring is supporting, I will supply examples to answer the question: Is mentoring really important? What is a mentor and what is†¦show more content†¦It takes a lot of commitment to be a mentor, an appropriate meeting time needs to be discussed between mentor and mentee so that it doesnt conflict with family, school, and/or social life. Mentors are usually provided for: troubled teens, young children with busy parents that work, children or teens with special needs such as Autism or ADHD, or anyone under or over the age of 18 who needs to have one on one time with someone they trust and can talk to confidentially. There are many benefits that could be useful for young adults to have a mentor, according to Blue Sky Coaching (2008). One of many, that personally stands out to me, is business and life skills. I think this is very beneficial because whether you have a career mentor as an employee or a child development mentor, they can help you discover the value of life and teach you things that will take you farther then you would go on your own. This skill is something you cant get from just anyone, they have to know the skill and tell you the dos and donts of the process the correct way. 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In designing a mentoring program my main focuses would be make everyone familiar with the organizations norms and culture, the mentor must show the mentoree the company culture, the mentor must demonstrate honesty, integrity, respectRead MoreThe Impact Of Mentoring On Counseling Programs1673 Words   |  7 Pagesduring mentorship, and different roles of mentee and mentors. Additionally to that, this overview will examine how mentorship is handle in counseling programs, and when proper mentorship is given to mentee, it can lead further futu re endeavors which are mentee becoming mentors or find success in careers. When mentoring relationships are impactful and successful, it can create this domino or ripple effect of change not only for the student and mentor, but it can affect his or her future performanceRead MoreWhy Mentoring Matters So Much Essay736 Words   |  3 Pages Before becoming the president of INROADS, Harper worked at Pfizer for twenty-eight years. He started as a pharmaceutical sales representative and later became the Vice President of Capability Development in Worldwide Public Affairs and Policy. He was the only African American in his division. This fact inspired him to join INROADS and become a mentor to minority college student. His goal is to help get as many minority college students into the industry they choose. Harper’s own mentor is his uncleRead MoreLeadership, Transformational Leader And Leader Member Exchange Theory958 Words   |  4 PagesSMART concept would work for her. SMART stands for specific, measurable, attainable, relevant, and timely. Padilla chapter four talks about the leadership triangle, becoming a leader, childhood antecedents and opportunities to becoming a leader. The leadership triangle has the leader the follower and the environment. When becoming a leader the elements that support that are opportunity, ability and personality. Gigi mentions that in order for a leader to distinguish himself from the follower they

Tuesday, December 10, 2019

Capital Investments and Financial Ratios †MyAssignmenthelp.com

Question: Diacuss about the Capital Investments and Financial Ratios. Answer: Introduction: A stakeholder can be specified as an individual or group which affects the actions of business. They might be internal or external, but they have a stake in the company. They might also include people who have the strongest interest in the effort of academic, political or philosophical reasons even if their families and friends are not directly affected by the same (Nezlobin, Rajan and Reichelstein, 2014). In the present case the major stakeholder in the debate of health warnings on cigarette packs are: Shareholders: They are part of primary stakeholders as they are usually engaged in economic transactions with business. Primary Stakeholders are a group of people which affects directly to the organisation either positively or negatively through their actions in the organisation (Butterfield, 2013). Managing Director (Randall Hedges): Managing director is a part of secondary stakeholders. This group affects the organisation indirectly whether positive or negative. It comprises individuals and organisations which live closer to the organisation and offer service directly to them (Delen, Kuzey and Uyar, 2013). The marketing manager (Mary Blender): He is part of key stakeholders group. These stakeholders do not comprise in both above groups, but the same are important for the organisation. The major reason behind assessing and ascertaining stakeholder is to allow the management to recruit them as a part of the effort (Chambers and Dean, 2013). Main ethical issues involved: Professional management accountant has established a professional ethical standard as the same develop trust in the relationship between employer and employee. As per the views of Fullerton, Kennedy and Widener (2013), this standard provides assistance in facing ethical dilemmas and provide a guarantee to users that they have been provided qualitative information. In the present case, the ethical issue which has faced by the organisation is that whether the heat warning should be printed on cigarette packs or not, as the same is not compulsory as per the Asian law. The marketing manager of BBT is of view that in case the warning is printed the same will affect the profit and in business profit making is the bottom line. But the manager of the company is of view that if we want to see long term profit than all the relative facts must be made known to the customer as it is companys corporate responsibility (Nezlobin, Rajan and Reichelstein, 2014). Thus it can be concluded that the ethical issues which are being debated by the management are whether to go for profit making objective and not to display health warning on cigarette pack or to consider the corporate responsibility and provide same details even if it is not compulsory as per law applicable in Asia. The Institute Management of Accounts has developed Standards of Ethical Conduct for Management Accountants which are to be followed by complying four basic principles which are integrity, competence, confidentiality and integrity (Gibbons and Kaplan, 2015). It is true that profit and sustainability can be achieved only if you be loyal to the customer and provides all essential information relating to your products. In the present situation, if I had been at Randall Hedges place, even I would have decided to give priority to long-term benefits and to proceed further with acting in accordance with corporate responsibility. I would have presented concern towards customers and display health warning on the cigarette packs. Thus in the present case, the decision should be taken in order to maintain a high level of professional competence as management accountants have an obligation to ensure the same on a continuous basis. As per the views of Weiss (2014) the objectivity which is being expected from management accountants is that they should provide and communicate correct information even in the case the same information is not in favour of those who requested it. It can be said that ethical issues which are faced by the management can be resolved by applying integrity, creditability and objectivity. It is because; the decision regarding this is taken after application of these factors is always beneficial for the organisation. Management is also obliged to avoid conflicts of interest and do not accept those benefits which might influence their current or future actions (Nezlobin, Rajan and Reichelstein, 2014). Hence, the decision made by Randall Hedges is correct, and even I would have taken the same decision if I had been at his place. Accounting provides a range of financial information to users and with the application of same they make appropriate judgments and decisions concerning with business. It can be said that accounting has two major strands: management accounting and financial accounting. Management accounting accomplishes the requirement of business managers, and financial accounting accomplishes requirement of another group of users like investors, etc. Financial reporting includes financial statements (statement of financial position; profit and loss account, statement of owners equity and statement of cash flows) which are periodically presented to users and parties outside management. The main purpose of the statement of financial position is the present financial position of a business at a particular point in time. The data which is being made available on financial reports is often approximate rather than being accurate or exact in measures. As the measures generally involve estimates, approximat ion, judgments and allocation an approximation of figures are available in financial statements (Haustein, Luther and Schuster, 2014). The main objective of general financial accounting information is to provide data to different users in accordance with their unique circumstances and requirements. However, the specified objective provides much of interest and controversy in accounting and the same is resolved by standard established by FASB. The basic essential characteristics which are present in a financial statement through which the available information is a judge are comparability, verifiability, timeliness and understandability. Due to the above-specified characteristics, financial statements are being able to help the user to make a decision about future actions; as the same is predicted on the basis of present performance. For example income statement provides details regarding the earnings of the company and the fact that whether it is performing up to the mark or not. Through assessing the same investors makes a decision regarding the future value of amount which they have invested in the organisation. As per the views of Horngren and et..al. (2013), information available in financial statements is material and the same is related to both nature and size of the particular item. Immaterial items are not evaluated for the purpose of economic decisions. The materiality is determined relating to dollar element ava ilable in financial statements. According to the rule, transactions worth more than five percent of net income are treated as material. But there are some exceptional cases to it such as a small theft need to be assessed in deep even if the same is a small amount. Financial statements provide all the information which is required for understanding them. The management also provides details relating to significant events which arise after the date of balance sheet such as the purchase of a piece of land for future subdivision (Kaplan and Atkinson, 2015). But the same could not be continued as Environment Protection Agency asserted that the same land was once a toxic waste dump. This information might change the present point of view of investors towards the company (Zadek, Evans and Pruzan, 2013). Thus in above-specified ways, financial statement assists for future actions. No bean counter knows more about my responsibilities than myself, I know that accountants are required to maintain records for shareholders, but I dont want them to stick their nose in my day to day work. The attitude of plant manager towards his responsibility is not correct; it seems that he knows about his responsibilities, but he does not like interference while performing the same obligations. Management accounting is a profession that comprises partnering in a management decision, devising planning and analysing management system, providing a suggestion in financial reporting and controlling and supporting the management in the application of organisation strategy (Nezlobin, Rajan and Reichelstein, 2014). According to the study of Krishnan (2015), the manager is responsible for evaluating the shareholder value by appropriately assessing the information of the internal business process, management planning and increasing the same by effective application of resources. Management of an organisation is responsible for ensuring that all the assets and liabilities of the company are appropriately recorded, and the information relating to profits are adequately provided to shareholders as well as other interested parties (Lim and Perrin, 2014). Shareholders make a financial investment in the organisations which provides them power to vote and to elect a director. They do not have any right to interrupt directly in management, and the connection is made through Board of Directors. In case the shareholders are not satisfied with the performance of directors, that they have right not to re-elect them or remove them (Rechberg and Syed, 2013). Thus it can be concluded that the manager is correct in saying that daily interruption of the shareholder is not bearable as they do not have any such right. Management owes a duty to the corporation and not to its individual shareholders. The distinction is not significant as the decision which is beneficial for shareholders is beneficial for corporation too (Loyeung, Matolcsy and Wells, 2016). Though, it is not necessary that the short term gains on investments objective of shareholders remain consistent with long-term goals of the company. The present interpretation of management accountant is to consider the interest of corporation through their future actions. There might be instances in which the interest of corporation might diverge with interest of a particular group of shareholders; thus the decision in taken in accordance with particular available circumstances (Maas and Van Rinsum, 2013). Thus in the present case, it could be said that the manager should take a decision in the best interest of the corporation and did not required to consider individual profit of each shareholder and neither their interference in his day to day operations. I agree with the specified statement that knowledge of technical issues such as computer technology is essential but not a sufficient condition for being a successful management accountant. It is because; other basic fundamental qualifications are also necessary for being successful. The basic fundamental skill in order to be a successful management accountant is an aptitude and interest in numbers, business, production process and helping the management in their daily operations. As per the views of Mazhambe (2014), a solid foundation of accounting skills comprising knowledge of basic accounting, GAAP and knowledge relating to taxation and finance is required by a management accountant so that he could accomplish his obligations. Knowledge of technical issues as computer technology might provide in resolving some part of obligations as the evaluation of data available on computers, but all the obligations cannot be accomplished with the same. As a management accountant, one requires a strong foundation in economics and other skills such as presentation and communication skills, writing, interpersonal skills, etc. (Otley and Emmanuel, 2013). It is because; the main duty of management accounting is to help users and management in making the best decision possible from the available information and the same cannot be made just by having knowledge of technical issues. Particulars 2010 2011 2012 2013 2014 2015 Cash 5200 7399 5800 4200 1700 3000 Accounts receivable 1600 100 9134 4200 7600 2200 Inventory 2800 7300 8400 9900 3964 8700 Prepayments 300 2000 8500 9860 8100 2600 Total current assets 9900 16799 31834 28160 21364 16500 Accounts payable 1800 8500 5800 4700 8900 8100 Accrued liabilities 2000 2000 3400 5700 1600 4000 Wages payable 1500 5200 2200 5600 9100 7900 Total current liabilities 5300 15700 11400 16000 19600 20000 Current ratio 1.87 1.07 2.79 1.76 1.09 0.825 Quick ratio 1.28 0.48 1.31 0.525 0.47449 0.26 Current ratio = Current assets / current liabilities (Sunarni, 2013) $9900 / $5300 = 1.86 Quick ratio = Current assets - inventory prepaid payments / current liabilities ($9900 - $300 - $2800) / $5300 =1.2 Current ratio = Current assets / current liabilities 1.07= ($9400 + cash) / $15700 Cash = $7399 Current assets= Cash + accounts receivable inventory + prepaid payments =$16799 Quick ratio = Cash + account receivable / current liabilities 1.31= ($5800 + account receivable) / $11400 Account receivable = $9134 Current assets= Cash+ accounts receivable + inventory +prepaid payments =$31834 Current ratio = Current assets / current liabilities = $31834 /$11400 =2.79 Current ratio = Current assets / current liabilities 1.76= ($18300 + Prepayments)/$16000 Prepayments = $9860 Current assets= Cash+ accounts receivable + inventory +prepaid payments = $28160 Quick ratio = Current assets - inventory prepaid payments / current liabilities ($28160 - $9900 - $9860)/$16000 =.525 Current ratio = Current assets / current liabilities 1.09= ($17400 + Inventory) / $19600 Inventory = $3964 Current assets= Cash+ accounts receivable + inventory + prepaid payments = $21364 Quick ratio = Current assets - inventory prepaid payments / current liabilities ($21364 - $3964 - $8100) / $19600 =.47 Quick ratio = Current assets - inventory prepaid payments / current liabilities .26 = ($16500 - $8700 - $2600) / $11900+accounts payable $11900 + accounts payable = ($16500 - $8700 - $2600)/.26 Accounts payable = $8100 Current liabilities= Accounts payable + Accrued liabilities + Wages payable = $20000 Current ratio = Current assets / current liabilities =$16500 / $20000 .825 References: Chambers, R.J. and Dean, G.W.2013. Chambers on Accounting: Logic, Law and Ethics (Vol. 6). Routledge. Delen, D., Kuzey, C. and Uyar, A.. 2013. Measuring firm performance using financial ratios: A decision tree approach. Expert Systems with Applications. 40(10). Pp.3970-3983. Fullerton, R.R., Kennedy, F.A. and Widener, S.K.. 2013. Management accounting and control practices in a lean manufacturing environment. Accounting, Organizations and Society, 38(1). Pp.50-71. Gibbons, R. and Kaplan, R.S. 2015. Formal Measures in Informal Management: Can a Balanced Scorecard Change a Culture. Haustein, E., Luther, R. and Schuster, P. 2014. Management control systems in innovation companies: a literature based framework. Journal of Management Control. 24(4). Pp.343-382. Horngren, C.T. and et.al. 2013. Introduction to management accounting. Pearson Higher Ed. Kaplan, R.S. and Atkinson, A.A. 2015. Advanced management accounting. PHI Learning. Krishnan, R., 2015. Management accountantWhat ails thee?. Journal of Management Accounting Research, 27(1),.Pp.177-191. Lim, N. and Perrin, B. 2014. Standard Business Reporting in Australia: Past, Present, and Future.Australasian Journal of Information Systems.18(3). Loyeung, A., Matolcsy, Z. and Wells, P., 2016. The cost of implementing new accounting standards: The case of IFRS adoption in Australia. Australian Journal of Management. 41(4). Pp.611-632. Maas, V.S. and Van Rinsum, M. 2013. How control system design influences performance misreporting. Journal of Accounting Research. 51(5). Pp.1159-1186. Mazhambe, Z. 2014. Review of International Accounting Standards Board (IASB) Proposed New Conceptual Framework: Discussion Paper (DP/2013/1).Journal of Modern Accounting and Auditing.10(8). Nezlobin, A., Rajan, M.V. and Reichelstein, S., 2014. Capital Investments and Financial Ratios (No. 3052). Otley, D. and Emmanuel, K.M.C., 2013. Readings in accounting for management control. Springer. Sunarni, C.W., 2013. Management accounting practices and the role of management accountant: Evidence from manufacturing companies throughout Yogyakarta, Indonesia. Review of Integrative Business and Economics Research, 2(2).P.616. Zadek, S., Evans, R. and Pruzan, P., 2013. Building corporate accountability: Emerging practice in social and ethical accounting and auditing. Routledge. Weiss, J.W., 2014. Business ethics: A stakeholder and issues management approach. Berrett-Koehler Publishers. Rechberg, I. and Syed, J., 2013. Ethical issues in knowledge management: conflict of knowledge ownership. Journal of Knowledge Management.17(6). Pp.828-847.

Monday, December 2, 2019

Malcolm X Biography free essay sample

Throughout history there are many great people who dedicated their life to the advancement of the African American race. Few of these people created as much controversy during the 1960’s then the man who would be known as Malcolm X. Unlike many of the civil rights leaders of the time who promoted non violence, Malcolm X believed in the use of aggressive tactics in his battle for equality. Malcolm X was born Malcolm Little on May 19, 1925, in Omaha, Nebraska to Earl and Louise Little.His father, a minister and devout Christian, was known for being an outspoken follower of the black nationalist leader Marcus Garvey. Garvey’s message promoted the â€Å"back-to-Africa† movement that encouraged African Americans of the time to sever ties with the United States and move back to the continent of Africa which was the homeland. It would be the messages of self reliance learned from his father as well as the whole Garvey movement that would prove to be an important factor to Malcolm’s ideology in his own personal movement. We will write a custom essay sample on Malcolm X Biography or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As a child Malcolm’s family was forced to move several times due to racism and threats on his family’s life. The Little family would move from Omaha after being threatened by members of the Ku Klux Klan a group of white racists known for terrorizing African Americans. While living in a predominantly white neighborhood in Michigan there house was burned down by members of the racist group due to Malcolm’s father involvement in Black empowerment organizations .At the age of thirteen Malcolm’s father was mysteriously murdered and his mother was admitted into a mental hospital forcing Malcolm to live in different foster homes and become separated from his siblings. While living in foster homes Malcolm excelled in school but quickly lost interest after one of his teachers told him it was unlikely for a black man to be successful in this world, humiliating an impressionable young Malcolm. After dropping out of school Malcolm moved to Boston, Massachusetts with his sister and eventually became involved in criminal activity.He began frequenting the area of Roxbury and became fascinat ed with the fast paced lifestyle. Malcolm began a life of using and selling drugs, home invading, gambling, as well as wearing flashy clothing. He moved to Harlem in 1942 and continued his rise in the criminal world, becoming known as â€Å"Detroit Red† for his reddish brown hair. When the authorities became aware of his illegal activities he returned to Boston. Four years later at the age of twenty, Malcolm was arrested and sentenced to ten years in prison for burglary.It would be the time spent in prison that would transform Malcolm and change him from a career criminal to the activist he would later be known as. He visited the prison library and read books on religion, philosophy, and history. He read and copied the entire dictionary acquiring the skills that would make him a powerful public speaker. He dedicated his time in prison to his own personal development and through his brother Reginald learned of the organization known as the Nation of Islam or the Black Muslims. The Nation of Islam is an Islamic religious organization founded by its leader Elijah Muhammad which promoted Black separatism from whites culturally, physically, politically and psychologically. Malcolm began to follow the preachings of Muhammad and practiced the religion devoutly, giving up drug use, alcohol consumption, as well as eating pork. Upon his release from prison in 1952 Malcolm traveled to Chicago, Illinois to meet with Elijah Muhammad. Muhammad accepted Malcolm in to the movement and replaced Malcolm’s last name with the letter â€Å"X† to symbolize the unknown last name his family lost during slavery.Malcolm was appointed assistant minister of the Detroit Mosque and shortly was sent to organize mosques in Philadelphia and later Harlem. After the success of organizing several mosques throughout the nation Malcolm X became a national spokesman for the Nation of Islam. He became the voice of the organization and a public figure who the media frequently quote d. His skill at debating allowed him to help spread the Nation of Islam’s message and gain followers of his movement.Malcolm and the Nation of Islam called for his followers to live a life of racial separation. His beliefs showed that he felt that non violent civil rights leaders had achieved nothing and publicly criticized the same leaders and there viewpoints. He was not a supporter of equality gained peacefully, instead he encouraged his followers to fight back against white violence. He attributed the crime rate and economic condition of African Americans to their following the lifestyle of white, western society, and advised Blacks to convert to Islam.It was during the early years of his notoriety that he met a student nurse by the name of Betty Sanders (her name would later change to Shabazz upon converting to Islam). The two were married in 1958 and they eventually had six daughters. By the late 1950’s the Nation of Islam had moved into the national spotlight amassing a membership of more than one hundred thousand. White Americans began to worry about Malcolm and his message of black supremacy and members of his own organization began to fear that he wanted to take control of the Nation of Islam from Elijah Muhammad.When President John F. Kennedy was assassinated in 1963, Malcolm made a comment that would anger Muhammad and force him to â€Å"silence him† from the media. Feeling betrayed Malcolm decided to leave the Nation of Islam and form his own organization, Muslim Mosque, Inc. He took time to travel overseas to Mecca, Saudi Arabia which is where Islam originated and gained a different perspective and outlook on his own religions after worshipping with people of different races. He no longer believed all white people were evil and felt that he found the true meaning of Islam during his travels. He decided that he would be willing to work with other black groups as well as progressive white groups. In 1965 Malcolm began holding meetings to formulate his new organization and discuss the policies needed to get things started. On a Sunday afternoon, February 21, 1965, as Malcolm began to address a group attending his meeting he was assassinated. To this day the motive is unknown, but many speculate that it was members of his former group, the Nation of Islam who was responsible.