Global Demographics Essay Example | Topics and Well Written Essays - 750 words

Global Demographics - Essay ExampleCompanies in the problem of entertainment will need to pay far greater attention to Spanish speaking Americans in their produce offering than they needed to a few years ago, as Hispanics argon the fastest growing ethnic group. Products and services geared toward working mothers are very likely to enjoy success in an atmosphere in which women are pursuing careers before and after having children. Businesses that are blind to these kinds of demographic trends are likely to stagnate and ultimately lose disclose to more astute competitors.In an environment of ball-shaped growth and diversity, there are trends that are likely to pose great challenges to competition and business success. The power of an organization to embrace diversity and l for invariablyage it to strengthen its products and services, as well as its community image, is significant to the ongoing success and competitiveness of any business today. No longer can businesses make assum ptions of homogeneity in any market in which they choose to operate. Multiculturalism and diversity have redefined everything from what it means to be American or European to what is considered a family.Organizations must prepare to meet the ch... Question 3If diversity could be viewed as a business dodging, it most certainly would contribute to an organizations competitive advantage. Communities are becoming ever more diversified and organizations that fail to acknowledge and respond to that growing diversity risk becoming out of touch with the market in which they seek to operate successfully. Successful business have their finger on the pulse of what is going on in the market place, and are able to change and adapt accordingly. Those that stay put stodgy and inflexible in the way they operate, and the way they develop and market their products and services, in the face of a demographically dynamic marketplace are very likely to be left out in the cold.A business strategy of div ersity means utilizing market intelligence to quickly detect and respond to demographic and other changes in the market. It means relating to a diverse market by cultivating an image of diversity done public relations efforts, and committing to products and services that resonate with a diverse clientele. Those organizations that pursue this type of business strategy will enjoy a strong competitive market position well into the futurity.Question 4Trends in changing demographics and global business expectations that demand attention from organizations desiring to remain competitive in the future include populations that are aging, becoming more ethnically diverse, and have greater access to information than ever before. People today have the ability to virtually instantaneously retrieve information about their product options, facts about the competition, and communication with others with

Organisations analyse and strategies Essay Example | Topics and Well Written Essays - 3000 words

Organisations learn and strategies - Essay Examplem of politics based on adaptive planning to regulate the fast and uneven change characterizing the current situation, which embodies an acceptance of pluralism and the release of power. (Hammond, 2003, p. 59) Now, what Hammond means here are two aspects of the selfsame(prenominal) situation. By acceptance of pluralism he means choice of multiple resolvings and whenever there is more than one solution in any organisation, manager has to select one thereby rejecting the rest of them. This creates conflicting situations which Hammond has referred to as surrender of power. This tension between the recognized need for pluralism and the desire for influence or control is short critical to a consideration of the impact of systems thinking, and forms the basis for soft approaches within the field.Soft Systems Approach is in the main used in study systems as an instantiation of culture technology, where the same information technology crapper be instantiated in different ways. SSA usage is also highlighted in Management Information Systems, therefore, is that it involves not just information technology, but also its instantiation. There are the rich organisational and political processes whereby a given set of information technology is instantiated and there are the rich organisational and political processes pertaining to the continual managing, maintaining, and changing of the information technology so as to sustain the instantiation.In the same spirit, socio-technical systems theory also make use of SSA thereby reservation the claim that separate efforts to optimise the technical system alone and the social system alone lead not only lead to a global suboptimum, but can even be unworkable in the first place. Equally, the same information system can be a success in one organisation but a failure in another, while the same organisation can experience success with one information system but failure with anot her. Hence, on one travel by SSA creates

Augustine's Confessions Essay Example | Topics and Well Written Essays - 750 words

Augustines Confessions - Essay Examplestatement in the sense of oddment, the reason why he uses the term, its relationship to his theory of creation and time, and the authentic sense of intent for Augustine.For Augustine, the origin of keep is the Word of God, and God himself. Augustine refers to his restless everyday animateness in terms of life and death. He believes that all these will end through death, but God, the giver of life, does non experience the same. He says, For You are infinite and in You is no change, nor does today pass away in You (Augustine and Sheed 8). People with fleshly bodies have a common fear death, but those with spiritual bodies and a life of faith are non scared of death. They will experience no change, just as God has, if they maintain a spiritual life. They conform to the earthly world, not knowing that is merely a transition to the spiritual world, and whence their life is in death.The sense of death her is that people are alive but do not re spect the wishes of God, and hence they are technically dead. Augustine explained that the everlasting fate of the soul is known at death. only those who die in communion with the church enjoy purification through God. Augustine senses the approaching end of life in his physical body and the beginning of life in his spiritual body. Humans live with perplexity about the future because they exist physically, and not spiritually. His example of stealing mangoes in Book 2 ridicules how globe seek pleasure in temporary things that can never truly satisfy.Through faith and hope, ace can meet their death comfortably. Throughout life, one must rest their hopes in God and not in fellow humans.But in this lay my sin that is sought pleasure, nobility, and truth not in God but in the beings He created, myself and others. Thus I fell into sorrow and confusion and flaw (Augustine and Sheed 21). Augustine sees anybody who fails to live in a Godly manner as already dead. The statement about de ath relates to Augustines theory of

Occupational health nursing Personal Statement Example | Topics and Well Written Essays - 500 words

Occupational health nursing - Personal Statement ExampleThis exposure renewed my rice beer in this field and since then I flip never looked back.In the realm of nursing, I have contributed significantly to the development of health in acute settings. I am patriotic, and I have been in the forefront to help the government realise equitable health for all. I have a wham seven years of experience in this field. My director is very pleased with my work and deprivations me to further my education in the same field so that by the time he will be going I will be fully equipped to take over. Putting this challenge aside, nursing is something that I loved and had plans to study this same course to the end.Due to this desire, I have chosen to go for my accomplish in the University of Pennsylvania. Owing to its good reputation and best world rankings in health nursing, I want to get the best quality of education for a career that is so dear to me. In appurtenance to the mentioned reason s, here is why the University of Pennsylvania looked attractive to me. It has the best lecturers in the world with world-renowned health specialists and facilities, has the best depository library with thousands and thousands of updated learning materials for my utilisation, Lastly the university has the best laboratories in the world with all kinds of recent technology you can view in the medical field. The university has also contributed much in research and development in nursing and the medical field, in general, such as the Smell Identification Test (Doty et al., 1984).I chose to study a gain in nursing because being a field that I love and with the relevant experience along these lines I felt it was more relevant. In addition to this, I have loved to be a nurse since high school, and nothing will ever change this. I intend to graduate in two years and later do my Ph.D. in the same field.After graduation, I believe that this master will help me be promoted at work as well as update me as far as my profession is concerned.

A Perspective on Cosmopolitanism in Media Research Paper

A Perspective on Cosmopolitanism in Media - Research report ExampleThis perspective on media and cosmopolitanism takes on a variety of forms, some more extreme and flagitious than others. It should be no surprise that a great degree of analysis on this issue has indoors it considerations one might imagine finding in anthropological or ethnographic reporting. In these regards, the theorists fetch also considered a authority by which journalists can more accurately present information as a means of valorizing preferably than reducing culture on a global context. In these regards, rather than advancing whimsys of cultural myths or resonant symbols, its argued that evidenced-based reporting should occur that investigates interactions or unique means of understanding the cultural dynamics of the region. While this perspective does not overtly reveal the extent to which cosmopolitanism alters individuals beliefs or culture, it does assume that to an extent journalism shapes beliefs and as a result, must be constructed in a conscientious way. In some regards, its argued that this media presentation of culture is in a way in a theoretical conflict or war in terms of defining cultural aspects. Robertson, citing Silverstone, states, Silverstone developed the notion of mediapolis to describe the moral length in which such construction work takes place a space in which the world appears and in which the world is constituted in its worldliness, and through which we learn about those who be and who are not like us (Robertson, pg. 13). In these regards, rather than viewing the media as a star monolithic entity of the dominant culture, it is a dominant culture entity with pluralistic perspectives competing and clashing for the most viable commentary or cultural presentation.

Market Efficiency In The Presence of Extermalities Essay

Market Efficiency In The Presence of Extermalities - Essay Example almost positive economists admit the existence of barriers to competition. As such foodstuffs argon incomplete given the imperfect learning relayed to the consumer. Nevertheless, general equilibrium analysis is often utilized to as a theoretical tool to skinny reality. Market efficacy is rather a controversial theory that has attracted strong views, partly in regards to differences some what it re solelyy means on unmatched hand, and on the other hand on investor approaches to investing. It is an economic concept that investigates the effects of allocation of scarce resources towards the well-being of the entire participant within a given economy. An effectual foodstuff is a market scenario where commodity prices reflect all information avail adequate (Fama 383). The degree of efficiency lies in the type if information incorporated into the prices and the speed with which such information are reflective of th e market prices (Jensen 96). The question as to whether markets are or are non effective is central to investment decisions. In a scenario where markets are efficient, commodity price signals provide the best investment appraisal criteria, and the appraisal physical process itself justifies the market price levels. Under helping of inefficient markets, commodities prices deviate from their true values, and the process of investment appraisals utilizes pronounce bench marks in obtaining the viability of investment decisions. Valuation under efficient market conditions yields higher returns to legitimate investors, given the capacity to spot mistakes of under-valuing or over-valuing investment decisions (Fama 396). In essence, an efficient market condition is wiz in which market prices are reflective of true estimates of investment decisions (Jensen 101). Implicitly, and contrary to the popular view, efficiency of markets does not imply that commodities prices prevailing in the market must equal the true value at all time. All that is needed are unbiased commodities prices, that is to say, prices can randomly deviate from their true value. Under these circumstances therefore, no one group of investors should systematically, with certainty, find their investment strategy running in tandem with market prices. As stated above, the definitions of market efficiency are linked up with information available to investors that are subsequently reflected in commodity prices. Strictly speaking, market efficiency assumes perfect information, for the public and private investors, which is thus reflected in the market prices. This implies that investors with precise information on the running of the market provide be able to beat the market inefficiencies (Fama 402). Given that the specificity which market efficiency is defined, it is extremely unlikely that markets will be efficient to all investors always. However, it is very possible that a given market (for examp le the New York Stock Exchange) will be efficient with regards to an average investor. The possibilities and the impossibilities also extend to certain markets as well as to distinguishable investors. This is because tax rates are different in different markets scenarios, and so are the costs of argumentation transactions, which confer competitive advantages on certain investors relative to others. In essence, no group of investors can consistently utilize a common investment strategy and emerge victorious. There has to be variations with elements of lose to one or two

Percy Shelley, Robert Burns and William Blake Poem Analysis Examples Essay

Percy Shelley, Robert burn down and William Blake Poem Analysis Examples - rise ExamplePercy Shelley, Robert Burns and William Blake who were contemporaries, were part of the glorious age of romanticism in English poetry. The trey men, plan of attack from very different backgrounds, however shared the common trait of non conformism, and shared a deep interest group in the revolutions that rocked the political and social traditions of the time. Shelley was the son of a country squire, while Blake was the son of a draper. Burns, a Scotsman also known as the pastoral poet, was the son of tenant farmers. Shelley was expelled from school because of his atheist views, while tribe went so far as to consider Blake mad because of his radical views. The radical political views held by Burns were shared by both(prenominal) Blake and Shelley, and all three did not conform to the existing norms of a fast(a) married life and a conventional family. All of them had at one time or another(pre nominal) in their lives, a run in with the established church of the time. All this is reflected in their work only when in different ways. The beauty of their poetry hides behind it the anger of the poet at a world that is at odds with the divine creation. Shelleys Ode to the West Wind is an example of the terza rima that Dante employ in his Divine Comedy. each part of the Ode consists of four stanzas of three lines each, ending with a two line couplet. In each of the three lines of each stanza, the first line rhymes with the third and the word at end of the middle line is used as the rhyme for the first and third lines of the next stanza. The beauty of nature is shown in both its promiscuous and violent forms as Shelley calls the West Wind the preserver and destroyer (Shelley, Ode to the West Wind) showing it sweeping apart the dead leaves of the autumn and carrying the seeds that will herald the birth of refreshed foliage in the Spring. Shelley cleverly uses both simple simi les as well as complicated metaphors in the poem as he meditates on the beauty of nature in her gentle form as well as in her fury. rate how deftly he uses the simile to compare seeds that have been blown by a wild wind, to corpses that imposition in their seriouss waiting for the same winds gentler form to awaken them to a new birth, and when he says The winged seeds, where they lie cold and low, Each like a corpse within its grave until, Thine azure sister of the Spring shall blow Her clarion oer the dreaming earth, (Shelley, Ode to the West Wind) This stark panorama of death is again contrasted with the riotous colors and scents of spring in his very next line drive sweet buds like flocks to feed in air)With living hues and odours (Shelley, Ode to the West Wind) portraying nature in her wide-ranging moods. He seeks solace in his need from the same wind as A heavy burthen of hours has chained and bowed One too like thee tameless, and swift, and proud. and requests the wind t o lift his spirits and give him re-create strength to face his woes, As thus with thee in prayer in my sore need. Oh, lift me as a wave, a leaf, a cloud(Shelley, Ode to the West Wind) William Blake too uses similes and metaphors for comparison, but the etchings that accompany his

Change in Management and Leadership Style Essay

Change in vigilance and Leadership Style - Essay ExampleThis essay examines the leadership and management structures within the companys human resource approach to the establishment of pure(a) Galactic business guess. Leadership and Management The important human resource related issue within the Virgin Atlantic structure is the companys approach to the Galactic Project. The Galactic Project is the companys mission to establish commercial trips to suborbital lay stations. The mission began in 2004 and has been in development since this period. The billetcraft flights are intended to be risque and affordable to the extent that they send away take passengers in a relatively affordable counsel ($200,000 per passenger). The space flight will overlap the Earths atmosphere in a suborbital way flight. Passengers will experience a brief period of weightlessness 6 minutes where passengers will be able to detach themselves from their seats. In considering the key business challeng es within this organizational program, its clear that at that place are a wide variety of leadership and management elements that must be considered. While a comprehensive articulation of these elements would require an analysis as large scale as Sir Richard Bransons space flight operation, this report functions to consider the issue from an overarching perspective. Within this context of understanding, the first study consideration is the Virgin Galactic overriding business structure. In examining this element, the Burke Litwin pretending of organizational change is machineed in gaining a greater management understanding. In terms of the Burke Litwin model, there are twelve major organizational areas of consideration, with management structure being an important area of concern (Burke 2011). The Virgin Galactic management structure is currently noted as consisting of CEO and President George Whitesides, Stephen Attenborough as the Commercial handler, and Jonathan Firth as the Director of Operations & Projects (Our Team 2010). Another prominent aspect of the Burke Litwin model is the investigation into organizational culture. In terms of organizational culture Virgin Atlantic has gained a reputation for both innovation and efficiency. In addition to these elements, perhaps because of its flamboyant president, the company has also gained a reputation for sensationalism (Manning 2011). While such an organizational culture creates a progressive and creative atmosphere, for the implementation of large-scale experimental practices one can argue that such a practice is detrimental to company success. The Burke Litwin model also considers the constitution of the external environment. In these regards, this specific business challenge faces competition from a number of competing space airliners. in that location is also concern over increased government regulations. Another major business analysis model is the McKinsey 7S Framework. This framework considers th e interaction of seven components to, Improve the performance of a company and Determine how best to implement a proposed strategy. Within the context of this analytic tool are the hard elements of strategy, structure, and systems. Currently, the business ventures organizational structure functions within the Virgin empire, yet involves a partnership with aerospace designing fast Scales Composites. Similarly, CEO and President

Destination marketing Essay Example | Topics and Well Written Essays - 2250 words

Destination marketing - Essay ExampleThe image of a destination should have two main components it should be attribute-based and holistic (Grovers, Go & Kumar, 2007). Each of these components should again deem functional and psychological characteristics. The destination should have some unique features, events, aura and feelings. These are the factors that create a holistic image in the mind of the tourists and consequently influence the destination positioning.Destination branding has to be developed around three kinds of attributes the attractions that exerts the pull towards the destination, the tourism services that facilitate the tourist experience such as infrastructure, accommodation, sightseeing and transportation, and finally the non-tourism and other export industries that support the destination experience (Klooster, Go & Baleen, 2004). This base evaluates Dubai as a tourist destination, its marketing and branding, and its relationship with TALC. Finally it would sug gest a trajectory for the training and marketing of Dubai.Dubai, an emirate of UAE, lies at the confluence of the Middle East (ME), Asia, Western Africa and Central/Eastern Europe (Balakrishnan, 2008). The chalk up area of Dubai is around 4114 sq km and the population is 1,241,000 (McEachern, 2006). Through visionary leadership, Dubai, a sleepy fishing and off-white diving village, used its strategic location for its growth and development. Dubai The hippest city in the world thrives on newness and pretentiousness (Katodrytis, 2006). Its natural beachfront is 45km long and artificial islands add another 1500km of beachfront where the coastline and the city merge into an island holiday resort. Everything is new or so the place and everything points towards consumerism and tourism. Dubai has developed at a remarkable pace, is spectacular and has an impressive display of staged buildings and iconic complexes. The city depends on tourism, shopping and the end of public space. Dubai has been

Evidence Based Management and Leadership Research Paper

Evidence base Management and Leadership - Research Paper ExampleIn the last decade, it has been accepted that in the medical industry the decisions should be recite based because in this way they can be more watchful regarding individual patients treatment. Using evidence based trouble actually provides a yet and more explicit way of taking take of someone (Axelsson, 2005). Medical is a profession where everything starts with care and treatment, therefore the use of evidence based management is very much necessary in this field. The evidence may come through a deep look and the observations and in this way we can formulate that in the medical field the research regarding new innovations and the medicines are really needed.It is the 21st century and direct almost everything is revolutionized or at least running in a new direction and alike at a faster pace than ever before. Therefore, we can say that old techniques and the formulas are ancient now and there are many new tec hniques to replace the old ones. Medicine is a mixture of profession, which only become perfect with a lot of experience and practice. Along with the practice and experience, the importance of research and exploring new and creative innovation cannot be neglected here. Innovativeness and the creativity play an important role in building a good image of a leader. Therefore, we can say that evidence based management can also help for building a good and effective leader in the hospitals.There is a famous proverb that to a hammer, everything looks like a nail.

HR and Leadership Essay Example | Topics and Well Written Essays - 3000 words - 1

HR and Leadership - Essay ExampleThe paper tells that leadership can be defined as the panache process is influenced by an institution by leaders who have visions and is determined to achieve the formations set objectives at any cost. Management makes the programmed decision affecting organization day to day activities and is concerned with administrative duties quite a than decision making. For HR to be leading the department should employ effective strategy and solution to resourcing and ensuring at that place are talent planning and development, service delivery is at its best with well-coordinated systems of communication which involves employee engagement and relations. therefrom leading HR should be determined in performance and must reward employees for good change by reversal done. Above all the human beings resource management should be of credible personality, driven to deliver, decisive thinkers, office staff model and should have the courage to challenge actions in the organization. An organization is important to ensure delivery of work and attainment of objectives if structural changes are effectively managed. The organizational structure of any firms matters a lot as if its well organized it will be easy to effect changes because of the values, believes and attitudes set by an organization so there is well spelled out a procedure on how everything is coordinated in the organization including, communication systems and responds to the environment. Strategic human resource management relies mostly on the resource-based view of the firm which suggests human resource practices leads to towering performance and sustained in the competitive environment. Top management should ensure high technology is employed in firms to enable HR practices to build up mentoring, give incentives to performing workers and in like manner enable performance appraisal which encourages the development of working relationship.

Actions to be taken when carrying out a case study

Actions to be taken when carrying come to the fore a - facial expression Study ExampleAmong the actions that Ava Beane proposed to Eric Gregory and Mellissa Hayes is knowing the main aim of the study, this is clearly the identifying the main reason for carrying out the research study. Having a clear topic that will be evaluated, learning the attitude of the people hold around the area of the place where the study will be conducted while at the same cartridge clip considering their opinion on the study. Furthermore, Gregory and Hayes should find out if any other parties have ever conducted the same study before they should survey the population where they are to carry out the survey that will be used to answer the research questions. This is necessary because they will be able to identify the most bewitch persons who will be able to answer the relevant questions as it is not possible to get entropy from the entire populationGregory and Hayes are also advised to follow the relev ant procedures that are required in the event of carrying out the case study. When creating the questions that will be required to be answered by a disposed(p) population for the study, the characteristics and the sex of the people answering the questions should be considered. This is because the answers give a precise the opinion of the person. further their identity are supposed to be concealed entirely as that is how it expected by the morals governing scientific studies. Moreover they can use the collected data and compare it to the past researches that continue the same topic name.

Summarize Sidgwick's Hedonism and the Ultimate Good Essay

Summarize Sidgwick&aposs Hedonism and the Ultimate Good - Essay ExampleThe hedonistic argument against speculation of the objectives as the ultimate good. The argument is divided into two parts. The first one is immediate intuition of contemplative and the bite one is the comprehensive comparison ordinary judgment of mankind. There is emphasis on the second point in that pleasure is derived from the ideal goods. The ultimate end of these may be pain or pleasure. A strong argument has been proposed that pleasure as a feeling is intuition which cannot be conceived as rational action. It is the amount of pleasure derived from the object that is the standard for deciding between alternative of actions.Happiness is the essence of the possible engagement in the future. What is surprising about this is that pleasant feeling cannot be quantified. The feelings cannot be added uncomplete is removed and therefore it appears challenging. The two views are given to so that the reader can take the military position for or against the hedonism as the ultimate

Binge Drinking Patients and Effects on Staff Literature review

Binge inebriety Patients and Effects on Staff - Literature review ExampleAlthough the A&E attendances caused because of alcohol outlay may occur any time throughout the day, yet most(prenominal) of them happen during weekends and at nights when the course of people to consume alcohol is maximal (Pirmohamed et al., 2000). The male attendances outnumber the female attendances by more than double and most of these attendees are young adults lesser than 40 old age of age, which suggests that a vast majority of splurge drinkers are young adults (Pirmohamed et al., 2000). The tendency of being involved in the alcohol-related hysteria in men is in two ways as much as that in women. 50 per cent of the injuries are related to neck and percentage point and almost 25 per cent of the victims are hospitalized (Wright and Kariya, 1997). Binge drinking is one of the main causes of physical violence and verbal abuse of the healthcare professionals serving in the A&E departments. The effec ts of patients with the effects of teardrop drinking appearing in the A&E departments on the staff have been measured in different countries and most of the research studies have invariably estimated high level of danger and risks for the staff. In Australia, 2.3 per cent of the overall burden of disease could be attributed to alcohol in the year 2003 that was equivalent to 61091 life years adjusted for disability (Harvard et al., 2011). The burden of harm caused by binge drinking in Australia has been found to be disproportionately high in the rural areas as compared to the urban areas. Departments that are usually affected the most are the inner city departments and the healthcare professionals assuming the maximal risk of assaults are nurses and male doctors. The healthcare providers in general and the staff at the emergency departments in particular have many concerns of caoutchouc while dealing with the binge drinkers. One of the nurses interviewed by Gunasekara et al. (2011) expressed these concerns in these words, I

Daycare Center Case Study Example | Topics and Well Written Essays - 750 words

Dayc atomic number 18 Center - Case Study ExampleThis high set down of a solar daycare is difficult for a call down to handle. A program called Childrens Bureau also cognise as CCDF, is a form of relief for parents who for whom the cost of the daycare is a worry. However, the waiting list for CCDF is genuinely long.When parents go out to look for a daycare, it be bewilders one of the most difficult tasks they have ever come across, as their minors security, safety, and management are of prime concern to them. Finding a daycare is stressful and wordy as it is important to search for the better and the most qualified daycare facility available. Generally, the atmosphere at a daycare is cheerful and full of life. Apart from the general atmosphere of a daycare, it is necessary for parent to look into many more criteria. Some of the criteria that the parents should look into other than the cost are how well well-kept the daycare is, it is important for the daycare to be clean and neat as the hygiene would affect the health of your child. Another criterion to look into is whether the staff is well skilled or not. A well deft staff is required as it helps in the development of your childs learning ability. Another focus area is to obligate whether the staff and the daycare center focuses on learning skills for your child and not just make your child play around. These are few things a parent should focus on when trying to decide on which is the best daycare center for their child. Looking for a daycare and then deciding on which is the best fit for your child can get frustrating as there is a huge miscellany of daycare centers available for you to choose from. As frustrating as it is, being patient while researching and deciding on the best daycare for your child is very important. This is primarily because the daycare lays the foundations for your child further educational activity and behavior. It is also important to look for a daycare that fits your needs, not only with the atmosphere and above mentioned criteria unless also with the time and the additional facilities provided. ABC inlet Day care is one of the latest day care centers established in 2006, and also offers Nursery. The day care is situated in Hermitage. ABC Corner is sort of cost effective and offers excellent services, handle Kindergarten, preschool, school age education, and the like. It offers a safe, home like environment and a friendly staff which makes the children feel very comfortable. The good part of infrastructure is quite impressive however the class rooms need to be improved. The friendly and safe environment allows the children to play, offend and explore at ABC Corner. It is an average day care and the parents can trust the well trained staff at this daycare. ABC Corner is one of the most trusted daycares in Hermitage. The security ashes is excellent and no unauthorized persons are allowed in the premises. ABC Corner focuses on giving quality services and in overall development of a child.One of the major concerns of ABC Corner child care is the overall development of a child. The management believes that a childs urge to learn and explore should not be suppressed and they allow the children to take their own time in exploring, emoting and learning in their trusted environment. The children are not pressurized to select a subject which is not of their interest but the patient staff lets them visit the subjects and help them choose. Adult caregivers have many roles as

Sociological Inquiry Asignment 1 Essay Example | Topics and Well Written Essays - 500 words

Sociological Inquiry Asignment 1 - Essay ExampleThere are many details of the problem which are rather noncitizen to general public donors or wealthy sponsors themselves decide important questions related to prepare budgeting, types of testing, number of schools personnel, etc. 3. The creator of the article is religion reporter for The New York Times newspaper. He industrial plant for this newspaper not for so long since 2008. Vitello covers predominantly religion news from local perspective, New York City. earliest the reporter used to work for such newspapers as Long Islands Newsday, Kansas City Star, Knickerbocker News and both(prenominal) others. Paul Vitello has veteran experience as a reporter. He has written numerous articles on spectral issues, for instance, Clergy Urge Efforts to Lower the Citys Abortion Rate, Hepatitis Scare Hits Nassau Church later Wafers Exposure at Christmas Masses, N.Y. Parochial Schools Downcast After Archdiocesan Warning, Bitterness Follows t erminus of a School to name a few among many others. I believe that the author has decorous experience and appropriate qualification to write about issues related to religion (church) and education like in the article under the analysis in this paper. 4. Vitellos article presents a clear analysis of the issue. However, the author covers only schools and churches of New York City and nearby area.

Graphics Image in the Media Essay Example for Free

Graphics Image in the Media EssayThe writtenal portrayal of hostility, disaster and notwithstanding finis is gener eachy essential to impart and stigma media. People ar attracted to a gruesome but veridical picture of life and it is where the habitual draws its sense of naturalism. A visual re impartation or picture usually has more than effect than a air outed or published story. This is because its power to influence slew surpasses spoken or written words. The media industry is subjected to the unwanted but common principle of if it bleeds, it leads and is fatally attracted to the harsh journalism mankind where photographers, who produce intense finds of grim and emotional moments, are the stars be acknowledged and awarded more. As a result, the broadcast and print media is faced with a predicament of commercially promoting the industry by inevitably sacrificing its honorable standard. Thus, viewing audience and readers tend to be offended and attracted to such graphicalal representations of real life typesetters cases at the same time. The public wants to learn and feel the drama behind an incident but refuse to accept and con face up its mortifying details. However, the power of the media to influence people with its graphical depiction of events entails a responsibility. Media is bound by its obligation to present to the public what it deserves to know. Graphic images in the media, as a representation of reality, should never cease to exist condescension the controversies and objections. Media organizations are oftentimes assailed or criticized after airing or publishing a controversial graphic image that presents, for instance, a perfectly person or grieving victims of real-life events such as violence and calamities. viewing audience and readers attack the editors and most specifically the photographers for being apathetic or in gauzy and for making the pain of the person(s) worse by displaying the picture. Nevertheless, the photographer responsible and his or her editor are both obliged to present reality as it truly happens. On the other hand, these media practitioners defend themselves by arguing that it is innate for humans to wipe out morbid enchantment with hostilities and calamities. It is just sad to note that these are the same critics who charge the media people for being insensitive and for taking advantage of the sufferings of others.The capital of Massachusetts Photographs No matter how gruesome, graphic images are commonly apply and known to ignite more dramatic reactions from people than stories. According to Nora Ephron, disturbing pictures of any incidents need to be shown to the public either through broadcast or publication. The fact that such graphic images affect or move the feeling of the public is exactly what pictures should be which in turn make photojournalism much more powerful than print media. Ephrons article titled The Boston Photographs talks around the legality and ethical defense of printing controversial graphic images. Ephron discussed the pictures of a rescue attempt, captured in consecutive manner that unfortunately went wrong. The Boston Photographs depicts a woman who was attempting to get out from her burning apartment building.However, while escaping and during her rescue, the woman cut back to her cobblers last after her flats fire escape crumbled. The publication of the graphic images of the dead woman resulted into a forget me drug of dispute from offended people who felt and reasoned that it was inappropriate and uncalled for to publish images of a dead person. However, despite the negative reactions and criticisms, Ephron confirmed the publication of the photographs and reasoned that they were exemplary representation of reality that needs to be printed. Ephron is justified in promoting and fighting for the printing of the utter pictures simply because of the fact that human accident and even death are major realities of li fe. Regardless of the dramatic intensity created by the said graphic images and their asseverate ethical violation, the public has the right to view the actual happenings of the real world including death. A lot of people were offended with the coming of the The Boston Photographs where in Ephron defended that death happens to be one of lifes briny events. Again, it was just unfortunate to state that many people in our society usually let their emotions receive and ignore the basic responsibility of the media to present the truth to the public. Ephron wrote or so three arguable graphic images of a failed rescue attempt that were captured by Boston Herald Ameri flowerpot Newspaper photographer Stanley Forman. With the use of a motor driven camera, Forman was able to take three frames per second of the illustrious Fire on Marlborough way on July 22, 1975. The first graphic image pictured a fireman who is trying to rescue a woman and a child. A collapsing fire escape was shown on t he second graphic image. The last graphic image was the most controversial as it showed how the rescue attempt failed as the woman and her daughter fell from their apartment window resulting in the woman dying on the spot while her daughter survived as she landed on her mothers clay. Criticizing from the graphic images of the helpless victims alone, it can be ethically challenged that such gruesome pictures were utilise and published to gain commercial prominence or profit. A critic can even cope that the pictures were not representations of reality as they were captured with the primary intention of getting ones attention. However, Ephron was able to make her article genuinely easy to be understood. Ephron succeeded in presenting all the components of the incident.She initially told about the details of the particular fire accidents. She move by presenting how the readers reacted to the graphic image. Ephron further presented another angle when she disclosed the views as well as reactions of the composition editors. Citing a particular example, Ephron also acknowledged in her article how former managing editor of the Washington fighter explained his personal view about publishing the three graphic images. In whole, the Ephron article was able to confirm the existence and utilization of graphic images by the media industry by defending its necessity and importance in reminding people that such reality happen in everyday life.9/11 Terrorist Attacks Aside from the famous Forman fire photo, another incident in the American history that was vividly presented in a lot of graphic images was the events of September 11. According to the news article by Jim Rutenberg and Felicity Barringer, the news producers had a ambitious time sorting out the graphic images taken after the attack on the World soupcon Center on September 11, 2001. Meanwhile, in her article from the Christian Science Monitor, Susan Leach cited Moeller who said that the controversies and argu ments about the graphic images of tragic incidents such as the September 11 terrorist attacks resulted from the public notion that the media is using such gruesome pictures for commercial purposes.These marketing strategies are used primarily to gain profit such as to grab the peoples attention, lure the readers to buy the publication and prevent the viewers to switch their channels. Moeller, a professor of media and supranational affairs at the University of Maryland, adds even when the public is distressed by difficult images, if that news outlet is transparent about its reasons for running those pictures there has generally been very little outcry and protest, and often support for that ethical decision. (qtd. in Leach). The previous article also stated that one main(prenominal) component in justifying and deciding how the media uses graphic images of a tragic event is the nearness of the incident. Moeller further explained that if something is geographically distant and psych ologically distant as well with no close emotional ties to the area, so the home media is a lot more in all likelihood to use graphic images. One particular example is the coverage of the Madrid bombing incident as an aftermath of the September 11 US attacks. Moeller commented on how reserved the British media were, just like the American media when it covered and presented the 9/11 incident. In other words, they really didnt show body parts, Moeller noted (qtd. in Leach). In contrast, a comprehensive coverage of the collapse of the World Trade Center was depicted in a lot and more graphic images outside the U.S. According to editor Naureckas, the worldwide audience of the 9/11 attacks did not need to receive a discreet graphic images of falling pieces of the twin towers and slaughterhouse of thousands of people in order to be updated of the event. Rather, the use of more vivid and even gruesome pictures is required for other people to feel the pain and sympathize with the Ameri can people (qtd. in Leach). To cite an an example, Naureckas said if you were in another country where people who live in New York might be an abstraction, then seeing the actual person jumping out the window might devote brought you closer to the event (qtd. in Leach).Limitations As stated earlier, the use of graphic images in the media is a privilege but it requires responsibility. Thus, it has to have some limitations. Effective limitations and conditions can be considered an otherwise absolute interpretation of freedom of the press. The restriction, editing, or censorship of graphic images (especially gruesome and controversial pictures) may be done by an independent body that governs and has delegacy over the media industry or it can start from the media organization itself by depending on the fair, critical and intent wisdom and judgment of its management as well as editors. In doing so, concerns whether graphic images in the media should be aired or not, or print or not c an be addressed. estimable behavior may be in accordance with standards put up by the media organizations. These standards may be usable but usually vague thus they cannot anticipate any eventuality. Citing as an example is the Code of moral philosophy that media members generally follow. However, it fails particularly identify gruesome situations as depicted by graphic images. Generally, the Code of morals includes a provision where photographers should at all times maintain the highest standards of ethical conduct. Photojournalism is worthy of the very outstrip thought and effort, and members should maintain high standards of ethical conduct (qtd. in Lester). The issue of ethical standards, in the media in line with its choice to use graphic images, was what The Post freelance columnist Nick Clooney emphasized in his column titled Media should use ethics standards. According to Clooney, it is the responsibility of the media to abide with a set of ethical standards. He added that the moral guidelines should emanate and practiced within the industry and thus should not be violate by his colleagues. In citing a particular case that called for the setting of ethical standards in the media, Clooney mentioned the publishing of a tabloid of a picture of a rape trial victim which he said break the privacy of that person.Clooney stressed that such instance of showing a graphic image by print media made him angry. This is because such sensationalism by what he called the news quacks or the scandal-mongers and entertainers posing as journalist violated not only ones privacy but the moral standing of the media. Clooney was not at all opposed to the use of graphic image in the media but rather concern that there is dumb a need for ethical standards that will guide and uphold the dignity of the media profession. Finally, Clooney did not give up the situation as he hoped that news media people will have sufficient ethical or moral standards and regard to the priv acy of the public (Clooney). In addressing conditions and graphic images of events and calamity victims, media practitioners are faced with the dilemma or arguments whether to capture and publish the picture or not (Lester). According to Lester and from the circumstances presented, media should generally sway that the public is inclined to criticize a controversial graphic image if some conditions are present. These include the following conditions if it was taken by a staff photographer if it comes from a local story if the image is printed in color if the image is printed in a morning paper if the image is printed on the front page if it has no story accompaniment if it shows people overcome with grief if it shows the victims body if the body is physically traumatized if the victim is a child and if nudity is involved. Taking into consideration the said limitations, it can be resolved that the use of graphic images in the media is essential but not absolutely free. These limitati ons are proven useful in order not to be hit by possible firestorms or reactions coming from the offended public (Lester).Conclusion A picture, indeed, is worth a thousand words. However, no one can ever determine how much history account, feeling, idea, and gut wrenching response some images are worth or can interpret. While the use of graphic images in the media is necessary and critically important in conveying a message or even replacing a whole story, broadcast and print journalists are still bound by a sense of responsibility. Media has the obligation to be sensitive and conscious to the possible negative effects of using gruesome graphic images. Thus, certain limitations have to be in place. However and most importantly, media is still obligated to present the truth even to the extent of sorely showing the realities of life.Works CitedSophronia, Nora. The Boston Photographs. Envision Persuasive Writing in a Visual World.Ed. Alfano, Christine and Alyssa OBrien. New York Longm an Publishers, 2005.Leach, Susan Llewelyn. How to tell story of the dead without offending the living. The Christian Science Monitor. 19 January 2005. www.csmonitor.comLester, Paul Martin, Photojournalism An Ethical Approach. 1999. College of Communications, California State University, Fullerton. 24 March 2008 http//commfaculty.fullerton.edu/lester/writings/chapter4.htmlRutenberg, Jim and Felicity Barringer. After the Attacks the Ethics News Media strain to Sortout Policy on Graphic Images. The New York Times. 25 March 2008http//query.nytimes.com/gst/fullpage.html?res=980CE2DE1038F930A2575AC0A9679C8B63

Human cloning Essay Example for Free

Human cloning EssayIf in that location was one engineering that the world never accepted, then it volition be the cloning of mercifuls. Just 30 hours after the mods program of a cloned lamb hit the streets, movements against tender cloning already started forming (Pence 1998, p. 1). 90 days after the study, a law against human cloning was already being pushed. People claimed that there is no good flat coat to clone humans, and yet, how can this be known when there wasnt enough time to discuss it? When the scientific community did not even have time to prove its advantages?Most of the arguments against cloning be philosophical in nature. It is not approximately scientific facts but about ethics, human nature and public insurance policy (Pence 1998, p. 3). If we look at human cloning in an objective point of view we will stool that there are certain merits to this technology. Certainly, there are disadvantages too, but whether the disadvantages outweigh the advantages i s still a heading unresolved today. Advantages of Human copy Human cloning becomes a good prospect when we talk about the issue of infertility and contagious illnesses.In an article published by ScienceRay (Whatani 2008), it was mentioned that only half of the population of females are capable of gestation. Estimates represent that current infertility treatments are only 10% effective (Benefits of Cloning n. d) hence, there are many couples who end up getting frustrated because of their inability to have children. With human cloning, there is no subscribe to for the egg to be fertilized, and there is no need to find a mate, and only one parent is needed to create a child (Teachers Domain 2010).Researches show that an average person carries 8 defective genes (Benefits of Cloning n. d). In some cases, these genes are recessive and no symptoms will appear, but there are also instances when the genes are inherited by the children and they become ascendent traits. Downs syndrome a nd Tay Sachs disease are just two genetic illnesses which can be inherited if copy is left to natural centre. Though human cloning, parents can choose which genes their children will inherit, thereby allowing them to get rid of the defective genes.Another advantage of cloning is that it is now possible to create organs which can be used for transplants (The Advantages of Cloning n. d). People with liver and kidney trouble no longer need to wait for a donor to get a transplant. People suffering from leukemia can get cloned marrow. Scientists will be able to produce effective therapy for cystic fibrosis if only they are allowed to test the technology for human cloning. Lastly, cloning will allow medical professionals to understand how cells differentiate and become cancer cells, thereby allowing the founding of a cure for the disease.Disadvantages of Sexual Reproduction In several researches conducted (Science Daily 2006 Treisman 1976 Williams and Mitton 1973) it was discovered tha t sexual reproduction allows populations to adapt to their environment better because they are able to resist harmful mutations. Yet, sexually transmitted diseases are already so widespread that sex has become risky. Also, sexual reproduction has its costs wherein the female bunk most of the burden, a situation called as the two-fold costs of sex (Science Daily 2006).In his study, Ricardo Azevedo says that in fix up to overcome the two-fold cost of sex, two things must(prenominal) be true The production rate of harmful mutations must be relatively high, such that each individual acquires on average one or more harmful germline mutations not inherited from its parents. The second is that these harmful mutations must interact in a specific way, called negative epistasis, such that adding more and more harmful mutations makes you progressively worse off (Science Daily 2006). This means that in order for genetic illnesses and harmful mutations to become extinct, these two condition s must take place.Needless to say, there are no studies which show how prevalent negative epistasis is in nature, hence the extinction of genetic illnesses and mutations are purely by chance. With the world becoming even more chaotic because of the discovery of new incurable diseases and the rapidly degrading environment, there is a big possibility that the survival of humankind whitethorn need to rely with artificial means. With human cloning, it is now possible to create a healthier, if not a better race of individuals who are more resistant to mutations and have lesser diseases to endure (Phil for Humanity n. d).

Accounting Theory and Development Essay Example for Free

news report scheme and Development EssayThe methodology is often be going from the general to the specific as the look into must develop a logical structure for accomplishing the objective then, which based on the definition and assumptions. The cogency of any theory developed through this process is highly dependent upon the ability of the look intoer to correctly identify and relate the various components of the accounting process in a logical manner. Induction is a method of reasoning by which a general law or principle is inferred from observed grouchy instances. Inductive approach emphasis making observations and drawing deductions from it and is often be going from specific to general, because the research generalizes about the universe on the basis of limited observations of specific situations. The inductivist is to draw theoretical and abstract conclusion from rationalizations of accounting practice. Applied to the accounting, the inductive approach begins with observations about the financial information of business enterprises and proceeds to ca-ca generalizations and principles of accounting from those observations on the basis of recurring relationship.Reading 1. 2 Accounting theory and development Accounting Theory Construction with Inductive and deductive approach normative theory vs. Positive theory Normative theory attempts to justify what ought to be, rather than what is. The major criticism of normative theories is that they are based on assess judgments. Positive (Descriptive) theories attempt to find relationships that actually exist. Deductive systems are normative and inductive systems attempt to be descriptive. The deductive method is basically a closed, non-empirical system. Theory verificationTheory verification or proof is an integral part of theory construction. According to Popper, the testing of deductive theories could be carried out along quatern lines. There is the testing of the theory by way of empirical app lications of conclusion, which can be derived from. This step is needful to determine how the theory stands up to the demand of practice. If its predictions are acceptable, the theory is said to be verified otherwise, the theory is said to be falsified. Aspects of theories, their construction and verification Figure 2 Distinguishing features

Analysis of Hp Financial Statement Essay Example for Free

Analysis of Hp monetary Statement EssayKenneth Lay organize Enron in 1985, when InterNorth acquired Houston Natural Gas. It was once the seventh largest telephoner the United States of America. Enron branched into many non-energy-related fields oer the next some(prenominal) years, including such atomic number 18as as Internet bandwidth, risk charge, and weather derivatives (a type of weather am terminals for seasonal logical argumentes). Although their core business remained in the transmission and distribution of power, their phenomenal growth was occurring through their another(prenominal) interests. Fortune Magazine selected Enron as Americas most innovative companion for vi straight years from 1996 to 2001. whence came the investigations into their complex network of offshore partnerships and accounting system practices.The Enron s messdal was revealed in October 2001 that eventually led to the nonstarter of the Enron tum and the de facto dissolution of Arthur Andersen, which was one of the five largest scrutinise and accountancy partnerships in the world. In addition to being the largest bankruptcy reorganization in American history at that time, Enron was attributed as the biggest scrutinise stroke. Several years subsequently it inception when, in 1992, Jeffrey Skilling was hired as the President of the attach to, he developed a staff of executives that, by the phthisis of accounting loopholes, special intent entities, and poor pecuniary cut throughing, were able to hide billions of dollars in debt from failed deals and projects. main(prenominal) Financial Officer Andrew Fastow and other executives not solely misled Enrons board of directors and canvass committee on unfit accounting practices, but also pressured Andersen to ignore the issues.From the early 1990s until 1998, the computer memory bells of Enron rose by 311%, yet slightly higher than the rate of growth in the Standard Poors 500. But, after which the stocks crap-shooter up. They increased by 56% in 1999 and another 87% in 2000, comp ard to a 20 per centum increase and a 10 percent decline for the index during the same years. As on celestial latitude 31, 2000, Enrons stock was priced at $83.13, with market capitalization exceeded $60 billion, that was 70 times earnings and sixsome times book value, an indication of the stock markets high expectations well-nigh its future prospects. Enron was rated the most innovative large company in America in Fortune magazines comply of Most Admired Companies. Despite of which within a year, Enrons image was in tatters and its stock price had tanked nearly to zero.The Enron Scandal was a legend of document shredding, restatements of earnings, regulatory investigations, an unsuccessful merger and Enron filling for bankruptcy. all the same an elaborate corporate governance network, Enron was able to magnetize large sums of capital to source a turn over business model, masking its actual performan ce through a serial publication of accounting and financing ploys, and change magnitude its stock prices to unmaintainable levels.Shareholders lost nearly $11 billion when Enrons stock price plummeted to less than $1 per share, by the end of November 2001, from a high of US$90 per share during mid-2000. As the Securities and Exchange Commission (SEC) initiated an investigation, oppose Houston competitor Dynegy bid to purchase the company at a very low price. The deal failed, and on celestial latitude 2, 2001, Enron filed for bankruptcy, with $63.4 billion in assets do it the largest corporate bankruptcy in U.S. history.How it happened?Enron had a rather mingled business model, stretching across many products, incorporating physical assets and trading operations, and crossing national borders. This element stretched the limits of accounting. Enron took sufficient advantage of accounting limitations in managing its earnings and balance sheet to portray a rosy vulnerability of it s performance.The trading business of Enron involved complex long-term contracts. The accounting rules thence, apply the present value good example to record these transactions, requiring management to make forecasts of future earnings. This approach, known as mark-to-market accounting, was square to Enrons income recognition and resulted in its management making forecasts of energy prices and interest rates well into the future.Enron relied expansively on structured pay transactions that involved setting up special purpose entities. These transactions shared ownership of particular(prenominal) cash flows and risks with outside investors and lenders. Traditional accounting that focuses on arms-length transactions between independent entities faces gainsays in dealing with such transactions. Unconscious resolutions were used to record these transactions, creating a discrepancy between economic realities and accounting numbers. (Healy Palepu, 2003)Financial Reporting IssuesTra ding Business and Mark to commercializeingDefinitions* A measure of the fair value of accounts that can change over time, such as assets and liabilities. Mark to market aims to provide a realistic idea of an institutions or companys current financial situation. (Investopedia) * The accounting act of recording the price or value of a security, portfolio or account to reflect its current market value rather than its book value. (Investopedia)In Enrons original natural gas business, the accounting had been fairly straightforward in each time period, the company listed actual costs of supplying the gas and actual revenues received from selling it. However, Enrons trading business adopted mark-to-market accounting, which meant that once a long-term contract was signed, the present value of the stream of future in flows under the contract was recognized as revenues and the present value of the expected costs of fulfilling the contract were expensed. unfulfilled gains and goinges in the market value of long-term contracts (that were not hedged) were then required to be inform later as part of yearbook earnings when they occurred. Enrons primary challenge in victimization mark-to-market accounting was estimating the market value of the contracts, which in some cases ran as long as 20 years.Income was estimated as the present value of net future cash flows, even though in some cases on that point were serious questions about the viability of these contracts and their associated costs. Mark to market was a plan that Jeffrey Skilling and Andrew Fastow proposed to pump the stock price, cover the loss and attract more enthronisation. But it is impossible to gain in a long-term operation in this way, and so it is clearly immoral and illegal. However, it was reported that the then US Security and Exchange Commission allowed them to use mark to market accounting method. The ignorance of the drawbacks of this accounting method by SEC also caused the final scandal. Thus, an accounting system, which can disclose more financial discipline, should be created as soon as possible.Reporting Issues for supererogatory Purpose EntitiesThe accounting rule, then, allowed a company to exclude a special purpose entity (SPE) from its own financial statements if an independent party has control of the SPE, and if this independent party owns at least 3% of the SPE. Enron need to keep an eye on a way to hide the debt since high debt levels would lower the investment grade and trigger banks to recall money. exploitation the Enrons stock as collateral, the SPE, which was headed by the CFO, Fastow, borrowed large sums of money.And this money was used to balance Enrons overvalued contracts. Thus, the SPE alter the Enron to convert loans and assets burdened with debt obligations into income. In addition, the taking over by the SPE made Enron transferred more stock to SPE. However, the debt and assets purchased by the SPE, which was actually burdened with large amou nt of debts, were not reported on Enrons financial report. The shareholders were then misled that debt was not increasing and the revenue was even increasing. (Li, 2010) Enron had used hundreds of special purpose entities by 2001. Many of these were used to fund the purchase of forward contracts with gas producers to supply gas to utilities under long-term fixed contracts. opposite Accounting ProblemsEnrons accounting problems in late 2001 were compounded by its recognition that several stark naked businesses were not performing as well as expected. In October 2001, the company announced a series of asset write-downs, including after tax charges of $287 million for Azurix, the water business acquired in 1998, $180 million for broadband investments and $544 million for other investments.Enrons gas trading idea was probably a reasonable solution to the opportunities arising out of deregulation. Conversely, extensions of this idea into other markets and international expansion were unsuccessful. Accounting games allowed the company to hide this reality for several years. The capital markets largely ignored red flags associated with Enrons spectacular reported performance and aided the companys pursuit of a flawed expansion strategy by providing capital at a remarkably low cost. Investors seemed forgeting to assume that Enrons reported growth and profitability would be bear on far into future, despite little economic basis for such a projection.Governance and Intermediation Failures at EnronMost of the blame for failing to recognize Enrons problems has been assigned to the firms auditors, Arthur Andersen, and to the analysts who work for brokerage, investment banking and research firms, and sell or make their research available to retail and professional investors. region of prime attention CompensationAs in most other U.S. companies, Enrons management was heavily paying(a) using stock options. Heavy use of stock option awards linked to short-term stock pr ice may explain the focus of Enrons management on creating expectations of rapid growth and its efforts to puff up reported earnings to meet Wall Streets expectations.Role of Audit CommitteesCorporate audit committees usually meet just a few times during the year, and their members typically pay all a modest background in accounting and finance. As outside directors, they rely extensively on information from management as well as internal and external auditors. If management is fraudulent or the auditors fail, the audit committee probably wont be able to detect the problem fast enough. Enrons audit committee had more expertise than many.But Enrons audit committee seemed to share the special K pattern of a few short meetings that covered huge amounts of ground. Enrons Audit Committee was in no position to second-guess the auditors on technical accounting questions related to the special purpose entities. Nor was it in a position to second-guess the validity of top management repre sentations. However, the Audit Committee did not challenge several important transactions that were primarily motivated by accounting goals, was not skeptical about potential conflicts in related party transactions and did not require full disclosure of these transactions. (Healy Palepu, 2003)Role of External AuditorsEnrons auditor, Arthur Andersen, had been accused of applying lax standards in their audits because of a conflict of interest over the significant consulting fees generated by Enron. In 2000, Arthur Andersen earned $25 million in audit fees and $27 million in consulting fees. It is difficult to determine whether Andersens audit problems at Enron arose from the financial incentives to retain the company as a consulting client, as an audit client or both. However, the size of the audit fee alone is likely to have had an important impact on local partners in their negotiations with Enrons management. Enrons audit fees accounted for roughly 27% of the audit fees of public clients for Arthur Andersens Houston office.When the credit risks at the special purpose entities became clear, the auditors apparently succumbed to pressure from Enrons management and permitted the company to defer recognizing the charges. Two major changes in the 1970s in the legal system, created meaty pressure for audit firms to cut costs and seek alternative revenue sources. In response to the changes, the audit firms lobbied for mechanical accounting and auditing standards and developed standard operating procedures to reduce the variability in audits. This approach bring down the cost of audits and provided a defense in the case of litigation. But it also meant that auditors were more likely to watch out their job narrowly, rather than as matters of broader business judgment. Furthermore, while mechanical standards make auditing easier, they do not needs increase corporate transparency.Role of Fund ManagersInvestment fund managers failed to recognize or act on Enrons risk s because they had only modest incentives to demand and act on high-quality, long-term company analysis. These managers are typically rewarded on the basis of their relative performance. Flows into and out of a fund each quarter are goaded by its performance relative to comparable funds or indices. If the manager reduces the funds holdings of Enron and the stock falls in the next quarter, the fund provide show superior relative portfolio performance and will attract crude capital. However, if Enron continues to perform well in the next few quarters, the fund manager will underperform the benchmark and capital will flow to other funds. In contrast, a risk-averse manager who just follows the crowd will not be rewarded for foreseeing the problems at Enron, but neither will this manager be blamed for a poor investment decision when the stock ultimately crashes, since other funds made the same mistake.Role of Accounting RegulationsMany U.S. accounting standards tend to be mechanical a nd in flexible. decipherable rules have some advantages, but the downside is that this approach motivates financial engineering designed specifically to circumvent these cutting edge rules, as is well understood in the tax literature. In accounting for some of its special purpose entities, Enron was able to design transactions that satisfied the letter of the law, but violated its intent such that the companys balance sheet did not reflect its financial risks.The Sarbanes Oxley ActIn 2002, President scrubbing passed the Sarbanes-Oxley Act into law to re-establish investor confidence in the integrity of corporate disclosures and financial reporting. The act was brought in as a result of the large number of corporate financial fraud cases (such as those of Enron, WorldCom, Tyco, Adelphia, AOL, and others) and by the end of the boom years for the stock market. The Act requires all public companies to submit both quarterly and annual assessments of the effectiveness of their internal financial auditing controls to the Securities and Exchange Commission.Each companys external auditors must also audit and report on the internal control reports of management and any other areas that may affect internal controls. The companys wind executive officer and principal financial officer must personally certify that the financial reports are true and that everything has been disclosed. Many of the Acts provisions apply to all companies, United States and foreign. However, some provisions apply only to companies that have equity securities listed on an exchange or NASDAQ. While refocusing public company management on shareholder interests was the central purpose of the Sarbanes-Oxley corporate governance reform law, years later in that respect are sharp disagreements on both sides as to whether the effort has been a success.Did it help?Considering foreign firms that listed on either New York or London exchanges in addition to their home markets between 1990 and 2006, the researchers found that those firms were six percent less likely to choose New York over London after Sarbanes-Oxley was implemented. This suggests that foreign executives, wonted(a) to laxer regulatory environments at home, were convinced that the acts deterrents against self-dealing and fraudulent accounting were serious. Those who criticize the Act direct that the Act is unnecessary and too expensive to implement. The most ardent criticizers of the bill claim that not only has Sarbanes Oxley failed in its mission to ensure honest financial recordkeeping and disclosure but that it has also stifled new business development in the United States.Some criticizers point to the Madoff scandal as an example of the failure of the Sarbanes Oxley Act. Yet, not all analysts share in this type of criticism. Many analysts believe that more precise financial statements are now being prepared for public companies and that shareholders have greater confidence in their investments as a result o f Sarbanes Oxley. In order for these benefits to be realized, however, the S.E.C. must ensure that all of the requirements of the Act are carefully and universally followed and that exceptions, such as those for certain accounting firms, are not permitted.Bibliography* Wikipedia. (2012, December 18). Enron Scandal. Retrieved December 26, 2012, from Wikipedia http//en.wikipedia.org/wiki/Enron_scandal * Obringer, L. A. (n.d.). How cooking the books works? Retrieved December 26, 2012, from How Stuff Works? http//money.howstuffworks.com/cooking-books7.htm * Healy, P. M., Palepu, K. G. (2003). The Fall Of Enron. Journal Of Economic Persepectives , 9. * Investopedia. (n.d.). Mark to Market MTM. Retrieved December 26, 2012, from Investopedia http//www.investopedia.com/terms/m/marktomarket.aspaxzz2G9qt6COE * Li, Y. (2010). The Case Analysis of the Scandal of Enron. International Journal of Business and Management , 37-41.

Approaches to Climate Change and Energy Crisis Essay Example for Free

Approaches to Climate Change and Energy Crisis quizThe acclaim and mass appeal that was garnered by the An Inconvenient Truth, no to mention Al Gores Noble Prize win, is a testament to the interest on the resultant of climate change (Lawrence carouse Productions Guggenheim, 2006). whiz of the main aras of misgiving is the development of industries that do not damage or endanger the environs is an urgent concern as industries now face dwindling resources, greater exact and more convention both locally and planetaryly (Schnietz Epstein, 2005). Whereas before when interest in environmental concerns were seen more as disapproverents to a companys operations.The increase of judicial decisions levying companies to pay for environmental damages due to their products or manufacturing processes has changed the position to one that treats environment concerns and conserving energy resources as part of ensuring profitability. An assessment done by the United Nations environme ntal Programme (UNEP) (2002) indicates that the deterioration of the environment has global implications. They point that the depletion of the ozone layer has been linked to stress marine and tellurian resources though the depletion is mainly concentrated on the poles.Furthermore, scientists estimate that at the current rate of consumption and pollution, the realitys ecosystems go out simply collapse from human demands. De Man (2005) also points away that at that place are higher social expectations concerning environmental awareness and responsibility among business organizations. National and intertheme efforts have want to develop universal relevance of the issue not completely to promote it as a concern but also to established responsibility for the issue.Robbins (2003) considers these an indication of the urgency and importance of the issue which in troll is to establish it as global critical priority. At the same time, climbing of energy prices due to demand has highlig hted the need to raise efficiency and promote conservation. However, there are varying opinions on the approaches to be taken. One of the issues that have been subject to extensive debate is in the development of air pollution control programs.Wigley (2006) points out that because air has no geographic border nor physically contained and all countries have to compete for energy sources much(prenominal) as oil, the issue is an inherent global concern. This global perspective is the basis for the Kyoto Protocol which aims to establish an international monitoring and management system for carbon emissions. The Kyoto Protocol sets a quota for industrial emissions per arena where residual allowances tolerate be traded off to other countries and economic sanctions give the bounce be applied to violators.Thus, countries are not only politically motivated to control their emissions but also can gain monetary compensation for their efforts. add-on and implementation of the protocol has proven challenging. Opposition to the policies point out that aside from the operational difficulties of the policy and can deter economic growth and development since some industries are energy-intense and impact the environment (Bohan, 2007). Critics of the Kyoto approach to the issue suggest a national interest approach.In contrast to the former, the latter suggests that, whats good for the nation as a whole in international affairs. Using this perspective, instead of developing an international policy, separately country must formulate its own towards a common goal (Roskin, 1994, p. 1). As each country is able to achieve individual environmental goals, public interest, which includes the global community, will be met effectively. Thus, what seems to be an inward-looking or even selfish approach to environment and energy issues can be in fact a means to accomplish international goals.Critics of the approach contend in turn that there are no assurances that independent states wi ll develop and implement environmental and energy efficiency protocols. Also, they believe that by divergence consequence at the discretion of national governments, implementation will not be effectively policed. To date, there has still has not been full accession to the Kyoto Protocol the Untied States and Australia have both rejected it. At the same time, national interest approaches have been significant deterred through the need for compliance to international political, shelter or economic organizations.According to Setting a Value on the Future, Stephen Gardiner believes that the lack of a consensus on how to deal with the worlds environmental and energy crises is because it is politically convenient not to deal with. two approaches have proven to be extremely problematic. One difficulty that Thomas Palley of the Economics for Democratic and clear(p) Societies sees in national interest perspectives is a failure to recognize the distinction between corporate and national i nterests, (as cited in Jacobson, 2006).The suggestion is that confusing corporate interests, which primarily is centered on profit, the national interests that will be defined will be the interest of a few instead of the publics and that it most likely will neither support environmental or conservation objectives (Wigley, 2006). On the other hand, without industrial development, there will be little headway in the development of efficiency and productivity technologies or the means to put them in practice (Jacobson, 2006). The most critical realization is that the issue is not average a political issue.Just as critical should be the realization that whatever, polices are to be implemented, they should be able to stand the test of time and changes in international relations. This because, achievement of environmental and energy goals will likely take a number of years before they are attained. President George W. Bush has raised(a) a valid point regarding this issue The fundamental question is whether or not we will be able to grow our economy and be good stewards of the environment at the same time, (as cited in Jacobson, 2006). uncomplete the Kyoto approach nor the national interest approaches, as they are utilized today, seem to fully address these concerns. However, this should deter the commitment to environmental protection and rehabilitation as well as energy conservation. In stopping point to recognize non-political elements influencing the issue, to institute long-term policies and resources and to develop and implement policies that recognizes both perspectives.Referencehttp//www.reuters.com/article/politicsNews/idUSN1537871920071015

Native American Lierature Essay Example for Free

aborigine American Lierature Essay subjective American culture is an evolving topic for batch who consider themselves indwellings now further throughout the register of their ancestors they hand been forced to define themselves over and over again. The culture that exists today is not the kindred one that existed but has changed overdue to the events going on in the world around them and the desire to fit in a evermore changing world. Most of what has survived time from the Native American legacy is the things that now define what Native Americans utilize to be to most of the culture today. These are the things that today are seen on television, mint in unmatchable little pieces of clothing riding bare back on horses making noises by patting their mouth with their hand. only if this is not very representative of the culture as a whole. wholeness of the main ways histories is passed come out for any group of mass to its descendants is through fabrication and the Native American people did this in a more unique and powerful way them most cultures.Each of these stories in the collection of Native American authors have one thing in common (besides the fact that they are all Native American) and it is that they are all telling their story. No other culture only writes about what they know but they tell stories of epic heroes of long ago and they can be used to fill in the history of the people that write. Story telling for this culture is not just way to entertain themselves or all(prenominal) other but a way of sharing what they have learned and the history of their people. Most Native American stories are written with a purpose.The literary devices that are used deep down Native American Literature have come out of the tradition of vocal storytelling that later gets put from pen to paper. One literary device that was used is imagery for example in The Little People by female horse Campbell she goes on about the house to tell the reader abo ut how their houses were different and similar at the same time. There were open beams on the ceiling and under these ran four long poles the length of the house. The poles served as racks where furs where hung to wry in the winter roots hanging from the walls. Campbell knave 77).In another story Return to clear Earth by John Rogers he goes into such detail about little things uniform how they do dishes, Mother would teach us how to apply dishes out of birch bark it was urgent that we understood how to make our own dishes. These we fashioned as we needed them, for always did we carry birch bark with us. Some times we had soup, and this would bring forward for deeper dishes. The dishes were always burned after each meal- no washing and nothing left around to run bugs or flies. (Rogers, page 53).These details seem randomly placed in the stories since sometimes things that one faculty feel like there should be detail to has little to no detail like when Campbell talks about her uncles death she talks about it like it was no big deal (Campbell page 79). But these stories are not just stories for the sake of entertainment but many of these stories are autobiographies that people wrote later in their lives. The details that they remember are not always the ones that one would classify as important but it is knowledge that the details that are written in the book are the ones that force the Native Americans live the most.People of any culture often seek an identity operator to label themselves with so that they can fit into society. The Native American culture has been changed quickly since the United States began and go west taking over their territories. This causes many of the stories that take place to end a very different setting then it started. An identity can do many things for a person including giving their lives exposition from legal, to social and personal purposes. The role of social identity plays its way with the Native American literat ure and storytelling like it does with any scenario.Any person who is looking to social belong within a group of people is going to change themselves to some degree in order to do so. When people within a group change their behavior it causes the group itself to slowly change its dynamic. Most of the characters within this weeks readings are not only subject to the community they are in and the rules that their people live by but also the rules and communities of other people and villages that practice similar ways of keep or are forced to occupy the same space.These stories are written for what feels like the ancestors of the people who wrote the story to begin with. Much like the oral tradition of story telling it seems like the writing was meant as a way to pass down the tribes histories to the next generation. Being that American side of meat majors of the twenty first century we are probably not the target audience sometimes the language is hard to understand. The Native peop le lived in these lands longer then the American people have but over time the Americans have come into the lives of the Natives and forced them either leave to live by the rules of a different people.This change did not happen over night but it is why the stories in this book are so very different over time. The stories help pass down handle from the elders to their daughters, sons and grandchildren without have the type of rule books that many cultures follow. The Native American people have had hard times but have grown in with the culture that surrounds them and has adapted to living lives both true to themselves and socially expectable which are two things that often are not easy to coincide.

Wake Forest University President Nathan O’Hatch Essay Example for Free

Wake plant University chairman Nathan OHatch EssayWake Forest University President Nathan OHatch hinted that the success of the University has come directly from the students that inhabit the institution, along with the campus atmosphere created by them. He confirms that the university strives to obtain a vibrant and exhilarating community that moves toward success done education and character suppuration. I believe that Wake Forest University is searching for students who provide leave a irrefutable impact on the establishment while having a inexpugnable c formerlyntration on their goals. I believe that my intellectual result and experiences, religious background, and morally driven values and characteristics will contribute gravidly to the expansion of the Wake Forest community. Lou Holtz once quoted, Ability is what youre capable of doing. Motivation determines what you do. Attitude determines how well you do it. This inspirational committedness to altercate your mi nd to attain success all(prenominal) and every day measures the come throughments that a person will achieve throughout their life-time.Throughout my high-pitched tame school travel, I switch experienced some(prenominal) educational opportunities and held legion(predicate) lead graphemes that were vital to shaping my future. A persons ability, motivation, and attitude are pressing characteristics that define their motives throughout all of their endeavors. I have found it very important for one to outfox oneself with positive influences, along with a diverse group of people in order to expand and draw as an idiosyncratic. If one converses with the same community each day, they will never challenge themselves in their knowledge, and in turn become less intellectually rounded.I strive to be an active agent student in my school who engulfs legion(predicate) ideas and is well-rounded in the aspect of education and extra-curricular activities in order to leave a posit ive impact on my peers for the betterment of my future, and theirs. At the beginning of high school, I embarked in a program that has impacted my life in many ways. I have been molded into a assured leader who strives to make a positive impact at my high school, and on my community, due to my consultant and my personal commitment. This organization was schoolchild Council. In the ninth and tenth grade, I was elected Secretary and then Vice President of my class.I then was nominated and selected to serve as the second vice chairwoman of the entire student body, which ultimately set me up to be the Student bole President my fourth-year year. I have grown into a person through experiences that have come along as a result of my being an active part of the Student Council. My organizational skills have proved legal as I have planned and implemented many ideas throughout my high school career in Student Council. I have actively planned three Homecoming skits and dances, four aris ing dances, three Powder-Puff games, two dodge ball tournaments, three Mr.Central Cabarrus Pageants, two volleyball tournaments, and many more events as a head leader in leadership class and Student Council at my school. During my last two years as the Student Body second Vice President and Student Body President, I have actively led the council in a direction that has not been traveled before as we have embarked on a community service project and active intricacy throughout the community. As the second vice president of my council, we successfully raised $19,000 for Juvenile Diabetes through fundraisers including a dodge ball tournament, a spring dance, and many other small projects.We have set ourselves a challenge of exceeding this goal as a school this year. I have organized the council to embark in the Special Olympic Games at the Cabarrus Arena for the past three years to support and advocate these amazing athletes. I strive to lead the council and my school with a positiv e force that places a strong emphasis on community service and school betterment projects. Student Council has allowed me to work with the administration and high level officials in the community, advanceing confidence in myself along with furthering my social skills.On numerous occasions, I have submitted proposals to the principal and school board to implement events, and I have had to professionally stand as the student bodys voice as I discuss these issues with officials of our community. Although disappointed after the rebirth breakfast was rejected, I responded with enthusiasm to begin the next project of Darfur Awareness Week, a cause for which I am very passionate. I have actively taken a role in the beta Club, Mu Alpha Theta Math Club, National Honors Society, and Junior Civitan Club, as I hope to do everything in my male monarch to leave a legacy at Central Cabarrus High School.I strive to leave the school in a better place than I found the thriving establishment. On a n educational basis, I have enlisted in numerous advanced placement and honors courses to further my intellectual ability throughout my spirit school and high school career. Currently, I am challenging myself to complete two rigorous courses consisting of AP English IV along with AP Government just in this semester. These two classes are the most demanding at our school, and I am one of only ten individuals of each class who dared to confront these two challenging courses in the same semester.I admire each individual in these classes and learn new ideas and beliefs by meet myself with these amazing and bright students. In my AP English class, I have been exposed to many philosophies, and many forms of literature, including Shakespearian sonnets and plays, which I would have previously never studied. In AP Government, I have watched and foundationvassd the differing views of Democrats, Libertarians, and Republicans as we analyze the modern constitution and judicial system. I ha ve set a high goal of myself to achieve success in each class with a broad knowledge of information from each lesson.If I keep a strong focus on my ability, motivation, and attitude, I will continue succeeding in each of these classes. I believe Wake Forest University President indicates the success of the University comes directly from the character development and diversity which is learned from surrounding oneself with individuals of intellectual and diverse backgrounds, and this is something that I have learned to embrace. Along with challenging me each day to intellectually grow from my experiences and education, the importance of Christianity has impacted and shaped my life in many areas.I was blessed to have the opportunity to attend a Christian school until the age of thirteen, which aid in molding me into a compassionate, honest, and respectable individual. I received a well-rounded education that allowed me to portion a strong moral background and foundation for my life. I learned the importance of keeping a respectable reputation, giving back to the community, and continuing to practice humbleness before God. I have been a Christian for as long as I can recall and have grown as an individual due to this commitment.I have challenged myself to spreading the many blessings of God and exemplifying a positive Christian attitude in my every day take overs. I have portrayed an active role throughout the community and have an ambition of making a difference in as many lives as possible. As the Student Body President, a member of leadership class, and the Varsity Cheerleading Captain, I have had the opportunity to achieve my ambition already in my adolescent years. I am very active in Race for the Cure, Walk for Juvenile Diabetes, Special Olympics, Join the World of Winners, and Darfur Relief efforts.It is extremely faultfinding to participate in volunteer community service projects for the good of your community. I have served as a volunteer Special Oly mpics Cheerleading coach for a gym in my area. As I have contact myself with these children on a weekly basis, I have learned the importance of dedication, open-mindedness, patience, optimism, and compassion. They have challenged me to live up to their standard, which in return has played a huge role in the basis of my character.Jesus once quoted, It is more blessed to given than to receive (Acts 2035). With this verse in mind, a person can grow to see the importance of giving and, in return, receiving the satisfaction of impacting a persons life. As an eight year old, I was one of five girls to raise $10,000 for the Masonic Home for Children in Henderson, mating Carolina. This amazing experience left me passionate about helping others at an early age after seeing the impact that I had left on the lives of those children after we delivered the check.As I have visited numerous nursing homes and children hospitals throughout my lifetime and directly met victims of the current Darfur genocide, I have learned the impact that an individual can leave on another person needing support. With Wake Forest cooking their foundation upon a Baptist, Christian philosophy, my desire to reach out and help those in need along with exemplifying Christian character displays my willingness to continue to build upon the Wake Forest Community. Due greatly to my educational growth and religious background, I have developed many characteristics that will greatly benefit me throughout my life. later being selected as the Student Body President, I have had the privilege to lead Student Council and the Student Body in all of our endeavors. I have learned so many important qualities such as the importance of teamwork, reliability, dedication, and the ability to motivate a group of individuals throughout the leadership roles that I have held oover my high school career. My leadership advisor has inspired me to grow as a person and expand my leadership qualities into becoming the most su ccessful leader that I can become.Over the last three years, I have become closer and closer to one of my goal Striving to obtain success through keeping a positive attitude and leading a life of upstanding moral character. With each of the clubs and activities that I have been active in, I have learned responsibility and commitment is the key to victory. After my second day of AP English, I was asked to recite a speech concerning the topic Who I am, Who I am not. I was very nervous and spent much time preparing for what turned out to be an inspirational speech of what I strive to attain each and every day.After completing the speech, my English teacher asked me to give this speech to her Varsity Volleyball team. I was so honored and anxious, and before their cock-a-hoop game I recited the speech to them. This meant an immense deal to me, and I was very grateful to do my outflank to inspire this amazing team. Through my English teachers boost, and my Leadership advisors inspiratio n, I have become a more relaxed and comfortable public speaker along with building a strong leadership character to follow with me throughout my life.I am a person who strives to build upon my leadership qualities for the betterment of myself along with keeping an open mind to all ideas of individuals as I build on my values and characteristics. Wake Forest University seeks to wed knowledge with experience just as a leader must do each and every day. Two roads diverged in the wood and I took the one less traveled by, and that has made all of the difference. Throughout an individuals life they encounter many paths and decisions that define them as a person. They must sometimes choose the best direction for their life in preparing for their future aspirations.As a person of high motivation, I always choose to challenge myself with high goals and new challenges. Sadly, in todays modern world it seems that the road less traveled is the right road the road where, instead of walking alo ne through life never fetching notice of others, a person stops along the way to reach out a go on to help those who are left by the wayside. This is the path which I have chosen to take for myself. I use all of my life experiences to build upon my life and achieve all goals that I strive to accomplish.I believe that with a diverse education, strong religious background, and character inspiration to becoming a great leader, I will greatly contribute to the Wake Forest community. Nathan OHatchs panegyric to the beautiful campus and community of Wake Forest illustrates the intention of continuing to build upon one of the greatest universities in the nation. I strive to be a unique individual with high goals to leave an impact on the world. I am ready to meet the challenge of continuing to expand Wake Forest University through education and experience.