Case Study question

The errand that Eileen and Jack are doing on a different level has set up what is by all accounts an individual relationship with one another. Jack utilizes Eileen more like a collaborator or friend than one of the standard workers. In spite of the fact that Eileen is t a similar level as different laborers she does various undertakings as them. The cooperation among Eileen and Jack is what is making the remainder of the group have a negative assumption towards Jacks administration. They don't consider Jack's to be as fitting or deserving Of their trust.If both Of them keep on isolating themselves from the remainder of the group, it will make different specialists bring down their work execution since they will feel neglected and that their work isn't being taken note. Another difficult that could emerge is that they could report Jack to Human assets and blame him for uncalled for retirement since Eileen is getting downtime and particular treatment. Applying Path-Goal and Attainment- Schmidt Continuum of pioneer conduct Jack needs comprehend he is causing the hatred towards Eileen.He needs to build up each colleague with the style that is best for them. Jack is by all accounts utilizing an Achievement-arranged initiative style with Eileen, and needs the others to simply be progressively similar to her. Trust Jack should be strong in discovering why the other detest Eileen, by doing this he will find that they feel he is giving particular treatment to Eileen. At that point he will have the option to recognize where his group is and change his administration conduct as indicated by the individual member.According to Attainment and Schmidt, Jack ought to be increasingly popularity based in his choices. In the event that he needs the gathering to work like a group, at that point he should be not so much tyrant but rather more popularity based. This could constrain the special treatment given to any worker in the gathering. Jack will have the option to explain the ob jectives that should be accomplished and clarify that Eileen is the best to remain late, or the group will be in understanding another colleague would be better for the assignment.

Management in a Global Business Environment- myassignmenthelp

Question: Talk about theManagement in a Global Business Environment for Ford. Answer: Presentation While starting another business in any nation, it is significant for the administration level specialists to consider all the elements identified with the business and tasks. The correct and precise investigation of the Ground states of any new nation gives an away from of the chances and extensions that can be profited by that organization in that specific nation. Initially, the accompanying examination is about the difficulties that are probably going to be looked by an American Automobile Giant named Ford while starting a business in India. Besides, this examination depicts the various components like political, monetary and Technological elements that can possibly impact the activities of tasks of Ford Company in India. Thirdly it has likewise incorporated the Socio Economic components that has talked about the way of life of Indian individuals in provincial just as urban regions. At last, the proposition explanation of this investigation is to break down and talk about the effects of various variables including Political, Technological, Socio-social and Economic of Indian culture and market on the tasks of Ford. Body Business Expansion in India The Ford Automobile perceives that India is a perfect market for starting another business on account of numerous ideal components. As per Collings (2014), the quickest developing economy on the planet, which is India, is probably going to give an incredible stage to the associations from outside to remain and introduce their business. The compelling components like Political and Economic conditions are agreeable to outside financial specialists in the present situation when contrasted with the conditions that were available prior. Slope, Cronk Wickramasekera (2013) have expressed that the new government in India has expanded the Foreign Direct Investment for Automobile parts in India have been expanded to 89% under the rule of current government. What's more, the development in urbanization and expanding pattern of utilizing private vehicles by individuals can give a decent market to Ford in Indian Markets. Political components Portage has chosen to grow their business on a worldwide field and India is among the numerous universal markets that Ford is intending to enter. Mainela, Puhakka, Servais, (2014) opined that, in India, political components contain a pivotal hazard for a major brand like Ford that works universally. World of politics in India is unpredictable since changes in the Government are all the more frequently. This unstable condition can bring about a monstrous disturbance in the flexibly chain the executives arrangement of Ford just as their conveyance organize. This is an extreme awful impact for a business that is entering another market. According to CPI (Corruption Perception Index) in 2015, among 178 nations India has positioned 87th position in straightforwardness, confronting a downgrade from rank 84. Passage can get a thought regarding the level of debasement pervasive in India from this observation and business investigator of Ford can suggest the figuring of a proper business methodology that is should have been trailed by Ford to make due in such fierce and corruptive world of politics (blog.euromonitor.com, 2017). It has been recognized that a thorough and helpful arrangement of tax collection common in a nation advances exponential development in neighborhood, rising just as worldwide business. As upheld by OECD (2017), viable and on time execution of Goods and Services Tax (GST) in India, have helped the ventures, intensity just as huge development in economy. In any case, as referenced by Sarasvathy et al. (2014), pace of corporate annual assessment are being diminished by the Government that can hamper the infrastructural necessities. Every one of these elements identified with charge framework pervasive in India can are considered by Ford before enter the Indian market to change their business arrangements according to the tax collection rules. Legislature of India has as of late centered around eco agreeable just as eco-friendly vehicles to be worked in the nation. In this point of view, passage of Ford in the Indian market can be beneficial for the association as they produce vehicles that require less fuel. In this way the organization has an extraordinary open door in picking up help from the common Government that would significantly affect on productivity just as income of the substance. Anyway enactments in India greatly affect the universal business that is working in India. Cheng et al. (2014) referenced that Companies Act, 2013, subjects to arrangements that are identified with acquisitions and mergers, CSR and shareholding of the worldwide business working in India with the nearby and national business elements. Passage should be set up to face such outcomes on entering the Indian market as they worked as a free association in US. What's more, financial strategies that are drawn out by the Indian government brings about progress of macroeconomic structure, supportability, opening up of economy, by and large improved wellbeing result as far as business (Amritt, Inc., 2017). Portage will have the option to recognize the results of their business procedure on breaking down the impact of these approaches. Monetary Factors As far the monetary states of India is concerned, the nation is developing at a gigantic pace of 7.8% which is significantly more noteworthy than the Republic of China that used to be at the top position (Wild, Wild Han, 2014). It very well may be said that the Automobile market of India has likewise been developing fundamentally. The Make in India crusade that was begun by the Indian Prime Minister in 2015 joined by raising the hindrance of Foreign Direct Investment in Automobile area of the country has cleared ways for some organizations to begin their business in India. Nonetheless, Ambos Hkanson (2014) have contended that the gigantic financial development of Indian Society has additionally brought about the development and origin of new Car Companies in India that have figured out how to make a solid hold in the Automobile Sector. This incorporates Tata Automobiles just as Mahindra Auto. It can likewise be said that the swelling rates and Interest rates gave by Indian Banks to the individuals is of essentially monetary worth. According to Glavas Mathews (2014), the present swelling rate and financing costs for vehicle advances gave in India is 1.91% and roughly 9.35% separately. Hence, Ford can present its new forms of family vehicle at less expensive rates to draw in the clients. Besides, the work and vitality costs are relatively low in India than in different nations. The real figures continue fluctuating, however it is in every case not exactly different nations. As referenced by Munyon et al. (2015), the normal joblessness rate in India is about 4%. This incorporates various Engineering Graduates that can't land positions because of absence of chances. Subsequently, it very well may be said that there can be number of applicants that will contend among one another for the open doors will positively permit the Fords Human Resources Management Department to pick the best and most potential individuals for the Jobs. It is to be noticed that the World Bank said something in 2014 in regards to Fiscal Policies where it has been referenced that the debilitating economies of significant markets on the planet can be the explanation behind business disappointment if another speculation is done in any nation (World Bank, 2017). Be that as it may, according to the Annual reports of Ford Automobiles, the Ford has figured out how to keep up a noteworthy Operating Margin of 6.7% in its Automotive Segment (Corporate.ford.com, 2017). Likewise, the Operating Cash stream has been very impressive with ostensible pace of development regardless of having exceptionally severe monetary arrangements in China. Nonetheless, if there should be an occurrence of Indian Societies, the Income Distribution doesn't exist in some particular example that will assist Ford with developing in India (Jr, 2017). Social Factors Social elements like the way of life of the network of the nation impact the purchasing choice of the clients and influence the business volume of the organization like Ford Motor Company. So as to grow business in India, Ford Motor Company has examined social patterns and way of life of individuals in India. In India way of life of individuals is improving with an expansion into GDP, individuals are tending to buy four-wheeler. This guarantees an enormous client base in the Indian market for the car area. Passage can get this market openings in India by making a market section in Indian vehicle area. In India, family size is most extreme 4 which decide the appropriateness for choosing four wheelers. As contended by Monga, Chaudhary Tripathi (2012), According to PPP record India has fourth biggest urbanization that alludes huge potential client base in India for Ford. In Indian culture, the family unit pay level is encountering an upward movement that guarantees a potential open door for Ford making a market passage in Indian car area. It very well may be counter contended that among these high populace the vast majority of the individuals are white collar class individuals who have less moderateness of vehicles (Thestatesman.com, 2017). Another social point of view that Ford needs to consider while extending its business in Indian market is that in India the vehicle cost under USD 12000 is available in 80% (approx) of Indian market (Autocarpro.in, 2017). Subsequently, thus, Ford needs to reevaluate its evaluating technique, as social and social set-up the USA is not the same as India. Individuals in India are profoundly qualified and recognizing. Indeed, even they are a lot of value touchy and require the item to be an incentive for cash. It very well may be counter contended that Ford needs to contribute more assets to guarantee both maintainability and cost effectiveness for Indian clients (Thestatesman.com, 2017). As India is a creating nation, financial entanglements are available that lead the client to lean toward organization and little vehicles. The way of life among Indian individuals is a lot of condition touchy in this manner, they require condition maintainability. Because of cost sensitivit

Chaucers Canterbury Tales Essay - Marriage in The Wife of Baths Pro

Marriage in Geoffrey Chaucer's The Wife of Bath's Prologue and Tale The divergence in the results of the witch's marriage and Alison's relationships in Geoffrey Chaucer's The Wife of Bath's Prologue and Tale depends to a limited extent on the ladies' contrasting desires for their spouses. The witch's modus agendi relies upon a knight's commitment to respect his promise, while Alison's business as usual relies upon her spouses' lead after marriage, for example on her conditions. Having spared the knight's life, the witch requests that the knight grant her to be his better half. Besides, she needs to be his affection. The knight must wed, since wedding the witch exists in his strength. Since the witch's meaning of being his better half incorporates her caring him, he is compelled by a sense of honor to endure the witch's affection. Her affection for him requires he demonstrate sympathy to her. Perforce of her line of thinking of the benefits of being hitched to her, he acknowledges her power to have her will. The chains of her charm broken, the witch t urns excellent in the knight's eyes. He becomes hopelessly enamored with her, and she understands the option to manage in he...

Throwing Life on a Wheel... free essay sample

Shoulders throbbing, eyes hurting, I hung on. I continued revealing to myself let go, yet I couldn’t. Was it time as of now? My muscles were sobbing for help. I at last did it. I at last let go: of both air and the vessel readily available. I had done it at last†¦ I had tossed life on a wheel. The initial step, similar to the case in anything, was to get ready. Comparable to the bit of dirt expected to toss, life should have been balanced. Much to my dismay that the huge number of classes, and exercises taken and track rehearses joined in, would set me up forever. In the end, the opportunity to focus came. So as to focus, with however much power as could reasonably be expected, I needed to toss a balanced circle of earth as near the middle as could be expected under the circumstances. Like mud being fixated on the wheel, it was basic that at one point in my life I tossed myself with full power towards something I knew my energy wouldn’t pass on for: Pharmacy. We will compose a custom paper test on Tossing Life on a Wheel or on the other hand any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Much the same as the bit of mud, here and there the objective is hit, now and then it misses. In any case, much the same as the bit of mud that can be guided back to the middle, if need be, these interests can be diverted too. The third step in tossing is â€Å"opening† the mud. With the wheel on max throttle, I utilized my fingers to â€Å"open† the circle of earth. When the earth is opened, the capacity to make is grasped exclusively. Freeing myself up to alternatives in life is like opening a bit of mud on the wheel, since choices like picking a profession and the school I am to go to are exclusively my obligation. Activities like these â€Å"force† me to be â€Å"open† to alternatives that were once never reasonable. I accept a profession in drug store offers me an ace key that â€Å"opens† the ways to numerous unforeseen chances. Continuously in the wake of opening, comes an opportunity to pull. With a wheel on moderate speed, I should work to shape the earth into an ideal shape and size. Pulling is generally the hardest part. It includes making creative mind a reality. Now and again it works, at times it doesn’t. Thus, seeking after a vocation includes carrying a plan to presence. What happens is resolved at that exact instant. At the point when life is pulled open, an extraordinary hazard is undoubtedly taken. Getting a demonstrating device, I cut away any overabundance mud that could detract from the tasteful magnificence of the vessel. In like manner, life should be cut too. The previous four years of my secondary school vocation was spent cutting the overabundance, which removed time from the exercises that made a difference the most. Cutting helped me focus on exercises, for example, chipping in at the neighborhood library, and partaking in clubs, for example, Interact, and the Asian Cultural Society. I understood significantly more with the goal that quality issues more than amount. My last advance was utili zing a wire shaper to discharge the recently framed vessel. As I get ready to graduate, and free myself from secondary school, I understand that â€Å"throwing† life is a cycle. I might be nearly accomplished until further notice; notwithstanding, my school vocation is another section of my life that merits another vessel to be thrown†¦

Writing an Excellent Press-Release

Writing an Excellent Press-Release Tips for Writing a Great Press Release Home›Education Posts›Tips for Writing a Great Press Release Education PostsHow to Write an Excellent Press-ReleaseWhat is a press release and why do we need them? A press release is needed when an organization wants to communicate to the press and to highlight a newsworthy piece of information. Writing a press release is not a difficult task as it has a standard structure. The most important thing when writing a press release is to know your audience and to have a clear focus on the key message that this press release should convey.The main goal when writing a press release is to attract to your story as many journalists as possible.Top 4 things you need to know before writing a press release:Journalists are always busy.  It means that they don’t have time for poorly written press releases. Send them a press release that they can use right away.Most probably, journalists don’t understand your subject well.Don’t expect them to understa nd the peculiarities of your business. Be ready to explain everything and turn difficult into simple.Journalists don’t care about your product or your company.You can only get them to write about you if you have an interesting story to tell.Sometimes your press release will be eclipsed with bigger events.  That happens because something is constantly going on in the world and one piece of news tends to eclipse others.These four things mean that:Press release needs to be no more than one pageIt should contain all the necessary information on the subjectIt should be written in simple and easy-to-understand languageIt should tell a story and if it doesn’t, journalists will make up their ownIt should include your contact informationTo understand what your press release should include, answer the following questions:Who are the main players?Where is this happening?When is the timing?Why is this important?What’s new?Turn your answers in short, punchy and smart sentences that convey your message and tell your story. Try not to write sentences, which contain more than 25 words. Now, as we perfectly know what a press release is, let’s look at its structure.Headline, which makes people understand why your story is importantIntroductory part, that summarizes your key messageAdditional paragraphs,  which uncover the details behind the story and include a quote of senior staff member of the organization concerning the subjectClosing paragraph,  that sums up the main message once againNotes for editors,  should include contact informationSpeaking about the structure of the press release it is crucial to mention that you should include the most important information in the introductory paragraph in order to catch the attention of the journalist form the very beginning.When e-mailing your press release to a journalist:Carefully select the subject of your e-mail.  A good headline is the key to getting your press release noticed.Avoid sending the release as an attachmen t.  Insert the press release in the body of the e-mail so that journalists can immediately see what it is about.Follow it up with an e-mail or phone call.Knowing these tips and tricks, your press releases are bound to get noticed.Professionally written papers here

How to Ace the MCAT in 3 Steps!

Step 1: Exposure, 2-4 months The MCAT is not a memorization test. Let me be more specific: it’s much more about recall than it is about recognition. When you’re prepping for the Psych/Soc section of the MCAT, you’ll learn about different types of memory—sensory, working, procedural, episodic—how memory is stored, and how it’s retrieved. You can retrieve stored memories through recall—rattling off everything you remember about ADH—or through recognition—noticing that aldosterone is one of the answer choices and remembering you read about its role in the renal system. So don’t worry about memorizing every single detail in your prep books. You do, of course, need to memorize some things for the MCAT, but by and large, the MCAT is about recall and association: drawing the connections between subjects. This format actually mirrors how memories are organized in the brain: in semantic networks. Semantic networks connect memories whose meanings are related, and ultimately, the goal of your studying will be to strengthen those networks. Ultimately, you will be increasing your fluency in a number of areas, appreciating how the speak to one another, and noticing the patterns that underlie the details. The MCAT tests your ability to associate much more than it does your capacity to memorize. So, What’s the Best Way to Prepare? The hardest part of taking the MCAT happens before you walk into the test center. There is so much material and so many ways to approach it all. How will you learn it all? After scoring a 522 on the MCAT and tutoring it for two years, I have developed a simple structure for approaching the test. It takes work, but it’s straightforward. And it works. There are three steps: Exposure, Encoding, and Focused Review. Step 1: Exposure, 2-4 months You might not need to memorize everything, but you should be aware of what’s out there. First things first, buy a set of test prep books. Do a bit of research, but don’t worry: the top selling test prep books will all get the job done. These books are very important. They will be the basis of your studying for Steps 1 and 2. For the next couple months, your books will be your best friends. The goal of this step is to get a sense of what could be on the test. It’s a lot, but right now your focus is not to internalize everything. Highlight, underline, write notes in the margins. Work through some of the practice problems (but in pencil or in a notebook so you can go back to them later). But don’t worry if you can’t remember what you read three weeks later. That part comes next. If you’re like me and you get bored when you’re reading too much physics, switch it up! I generally recommend reading two or three books at a time. You should read every word, but feel free to read through chapters more quickly if you think you’ve got a good handle on the subject. I budget a decent amount of time for this because spreading out the information is much more helpful than cramming it all in. That’s it! But before you start Step 2, it’s time for you to take your first practice test: AAMC Practice Test 1. AAMC writes the MCAT; they know it better than any of the companies. Take a look at how you do, highlight general areas you know you’re weak on, and see how you handle the test taking aspects of the exam: the length, the way questions are phrased, and how you eliminate answer choices. You should WAIT to take your first test until you’ve finished Step 1 because now you can more clearly see what was a content issue and what was a test-taking skill issue. Step 2: Encoding, 1-2 months You’ve seen everything, highlighted a bunch, and you’ve taken your first practice test. Now it’s time to hunker down and get it all in your head. You don’t have to read through every chapter again, but skim through them and write up the key points, somewhere between five and fifteen for each chapter. Feel free to sketch out a diagram or graph if it’s helpful. This isn’t comprehensive, but at the end of it, you’ll have study guides for each subject. You can read over those instead of your books. This process of consolidation will both show you what’s really important and further facilitate memorization. As you’re writing all this up, you’ll start to see some connections. Focus on those links between subjects. Think about the more general concepts like feedback and equilibrium in organ systems, cellular respiration, and genetics. There are a couple of extra steps for some subjects. Make sure you memorize your amino acids. They WILL appear on your MCAT and you WILL need to know them. For Gen Chem, Physics, and Biochem, you’ll write up two extra sheets. One will be an equation sheet: include every equation. The other will be a units sheet. Write down the unit, its symbol, how it’s used, and what it is comprised of in its most basic SI units (e.g. N = (kg*m)/(s^2)). Writing this last bit out will help you get the right answer even if you don’t fully understand the concept. If you end up with the right units at the end, chances are you got it correct. For Psychology and Sociology, don’t bother with an outline. Unfortunately the Psyc/Soc section is much more memorization-heavy than the rest of the test. So for these subjects you should write out flashcards for every bolded term in your book. Yes. Every. Bolded. Term. It may not be the most fun you’ve ever had, but it will be useful. Now that you’re done writing everything up, go through your notes and your flashcards. Don’t beat yourself up for not remembering everything. You’ll have forgotten a lot, but you’ll remember more and more. And again, you don’t have to remember everything. To complement what you’ve understood from the books, check out some Khan Academy videos. Khan Academy has an MCAT specific section of their website. Take advantage of it! Reading and writing are great ways to learn, but it’s always good to learn in as many ways as you can. Plus, they’ll offer different explanations and give different examples. I’d especially recommend the Psychology/Sociology videos. Pop some earbuds in and listen on your way to class, on a run, while you’re doing laundry. Increase it to 1.5 or 2x speed if you want. It’s all about getting the info in your head. Now it’s time for you to take AAMC Practice Test 2. Step 3 – Focused Review 1-2 months Take a careful look at how you did, distinguishing between areas of content you need to review and test-taking skills you’ll want to work on. Write this up in a document and create a schedule for yourself to review both the specific areas you don’t understand well and improving your ability to test well. In this last phase, you’ll alternate between test questions and studying. After you take an exam or go through a Section Bank, you’ll see what you’re still having trouble with and review that subject. Maybe you’ll have to go back to your old physics textbook and read about optics for it to really click. Maybe you’ll decide to write out a specific study guide just for the different types of reaction in organic chemistry, complete with oxidizing and reducing agents. Maybe you’ll have a lot of trouble with CARS and you’ll go through AAMC’s resources, Jack Westin’s CARS passages, and even SAT Reading sections (it’s all about building up your ability to carefully read in the way standardized tests want you to). This is the most flexible stage because it’s all about honing in on what you need to work on. Here are my recommendations for what you should have accomplished by the end of Step 3: Finish all four full-length AAMC practice tests Complete the AAMC Section Banks and Q Packs for the sections you struggle with most Take a couple more practice tests (Kaplan, Princeton Review, NextStep) By the end of Step 3, you should be able to point randomly to any page on any of your study guides and explain it. Throughout this phase, focus on relating material in Biochem to organ systems and physics to chemistry. Notice how the practice tests force you to do this and start getting into that mindset yourself. And that’s it! Well, there’s on more thing The Final Step It’s the day before the test. You’ve worked hard. Real hard. You read everything that goes into those three steps: it’s a lot. You’re not going to cram anything more into your brain in one more day. Take this day for yourself. Read a book. Hang out with some friends. Bake dozens of chocolate chip cookies. Do something that makes you happy. You’ll need it. Tomorrow is a lot, but don’t worry, you’ve been preparing for a while. It’s all in there. Are you interested in getting connected to an MCAT tutor? ; Here's more on the topic! Your Medical School Timeline Checklist - Planning Ahead How long does it take to study for the MCAT Test?

Study And Analysis Of The Scandal From Worldcom Finance Essay - Free Essay Example

Sample details Pages: 10 Words: 2853 Downloads: 7 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? WorldCom (WCOM) was United States second largest long distance phone company. WorldCom grew largely by acquiring other telecommunications companies. It owned Tier 1 ISP UUNET, major part of Internet backbone. Don’t waste time! Our writers will create an original "Study And Analysis Of The Scandal From Worldcom Finance Essay" essay for you Create order It was in Mississippi. On November 10, 1997, WorldCom and MCI announced their US$37 billion merger to form MCI-WorldCom, making it largest merger in US $37 BILLION merger to form MCI-WorldCom, making it largest merger in U.S. history. MCI, Inc. was American telecommunications subsidiary of Verizon Communications that is headquartered in Ashburn, unincorporatedLoudounCounty,Virginia.Thecorporationwasoriginally formed as result of the merger of WorldCom and MCI Communications, and used the name MCI WorldCom followed by WorldCom before taking final name on April 12, 2003 as part of the corporations emergence from bankruptcy. The company formerly traded on NASDAQ under the symbols WCOM pre-bankruptcy and MCIP post-bankruptcy. Corporation was purchased by Verizon Communications with deal closing on July 7, 2006, and now identified as that companys Verizon Business division with local residential divisions slowly integrated into local Verizon subsidiaries. CORPORATE FOUNDING Long Distance Discount Services, Inc. (LDDS) began in Hattiesburg, Mississippi 1983. In 1985 LDDS selected Bernard Ebbers to be its CEO. The company went public in the1989 through a merger with Advantage Companies Inc. Company name was changed to LDDS WorldCom in the1995, and later WorldCom. Companys growth under WorldCom was fueled primarily through acquisitions during the 1990s and reached its apex with acquisition of MCI in the 1998. Major companies acquired Advanced communication corp.(1992) Metromedia communication corp.(1993) Resurgens communication group(1993) IDB communication group,inc(1994) Compuserve from its parent company HNR block Digex (DIGX)in june 2001 on november 10,1997 MCI acquisition IN November 10, 1997, WorldCom and MCI Communications announced their US$37 billion merger to form the MCI WorldCom, making it largest merger in the US history. On September 15, 1998 the new company, MCI WorldCom, opened for the business. Sprint Merger In October 5, 1999 A Sprint Corporation and MCI WorldCom announced the $129 billion merger agreement between two companies. The deal did not go because of the pressure from the US Department of the Justice and EU on concerns of creating a monopoly. In July 13, 2000,Board of Directors of both the companies acted to terminate merger. Later, in 2000, MCI WorldCom renamed itself WorldCom without the Sprint being part of a company. Accounting scandals CONDITION OF AMERICAN CORPORATE FIRM IN THE 90S In early 1990 s the us economy went trough the phase of consolidation, of which many major companies acquired or merged with weaker companies to strengthens their own position in the market The share price of the companies play a vital role during mergers and acquisitions,and the companies try to maintain the prices of their shares. If they fail to do they can easily become target for the takeover or acquisition Moreover the company wish to raise capital from a market, its performance in the stock exchange is considered to be important .The companies are generally valued on a basis of cashflows they could generate in the future. As the financial performance of the company is important factors affecting the share price,companies were under constant pressure to show the positive revenue Downturn of the telecom industry BRAINS BEHIND THE FRAUD OF $11bn ACEO Bernard Ebbers A CFO Scott Sullivan A Former controller David Myers The Accounting director Buford Yates The Accounting managers betty Vinson and troy Normand Arthur Andersons auditing firm s Ebbers angle borrowed $1billion for personal purposes from the various banks. He pledged the WorldCom stock as the collateral. Bernard Ebbers became wealthy from the rising price of the holdings in WorldComs stock.However, after the MCI acquisition in 1998,the telecommunications industry entered the downturn and the WorldComs growth strategy suffered a serious blow when it forced to abandon their proposed merger with sprint in the late 2000.At that time ,WorldComs stock is declining and Ebbers came under increasing pressure from the banks to cover a margin calls on his WorldCom stock that was used to finance the other businesses (timber,yatching,etc) In 2001, Ebbers persuaded the WorldComs board of directors to provide corporate loans and guarantees in the exces s of $400 million to cover margin calls. The board hope that loans would avert the need for Ebbers to sell the substantial amounts of worldcom stock.His doing would put further downward pressure in stocks price .This strategy failed and Ebbers was as ousted as CEO in April 2002 and replaced by the John Sidgmore,former CEOof NET TECHNOLOGIES INC. In1999 and continuing May 2002, Company under direction of A Scott Sullivan (CFO),David Myers(Controller)and Bufford (Director of general accounting)used the fraudulent accounting methods to mask the declining earnings by painting the false picture of the financial growth and the profitability to prop up a price of WorldComs stock. HOW FRAUD TOOK PLACE IN 1998-2000, WorldCom reduced the reserve accounts held to cover the liabilities of the acquired companies WorldCom added $2.8 billion to revenue line from reserves. An e-mail was sent in December 2000, to the division in Texas directing misclassification of the expenses. CF O ordered key staff members to the mark operating costs as the long-term investments. To a tune of $3.85 billion. Operating Expenses to Assets -CFOs direction affects a income statement: Revenues xxx (no change) COGS xxx (no change) Operating Expense: Fees paid to the lease other thecompanies phone networks: xxx(large Decrease) The Computer expenses xxx(large Decrease) NET INCOME xxx (large Increase) Operating Expenses to Assets -CFOs direction affects the balance sheet: Assets: Computer asset xxx (LargeIncrease) Leasing asset xxx (Large Increase) Liabilities xxx (no change) Stockholders Equity: Retained Earnings xxx (large Increase) Operating Expenses into Assets A WorldComs journal entry for $500 million in the computer expenses: Computer Assets 500 million Cash 500 million A Huge losses turned into the enormous profits. $1.38 billion in net income in 2001 Inflated a companys value in the assets HOW FRAU D WAS DISCOVERED AObscure tips were sent to the Internal audit team MCI audit and review of the books uncovered the accounting irregularities During March 2002, John Stupka complained to the Internal audit about $400 million he set aside the Sullivan wanted to use to boost theWorldComs income. In March 7, 2002 the SEC requests the information from the WorldCom WorldCom make much when the ATT is the losing money. Internal audit started the digging. Found $2 billion the company announced for capital expenditures. Found the undocumented $500 million in the computer expenses that recorded as assets. Searching the WorldComs computers, Mr. Morse found $2 billion in the questionable entries During June 14, 2002 Internal audit team contacted the WorldComs audit committee Internal auditor, Cindy Cooper, asked for the documents supporting the numerous capital expenditures. No supporting documents was found Controller admits to the internal auditors tha t the accounting treatment was wrong No accounting standards support the accounting 9.during June 20, 2002 -A Internal audit explains the irregularities to the Audit committee. 10.during June 25, 2002 WorldCom announces the inflated profits by $3.8 billion over a previous five quarters 11.During June 26, 2002 the civil suit filed, a stock trading halted Ultimately, stock is delisted by Nasdaq During July 21, 2002 WorldCom filed for the bankruptcy METHODS Underreporting the line costs by capitalizing the costs on balance sheet rather than the properly expensing them in the balancesheet. Inflating revenues with the bogus accounting entries from the corporate unallocated revenue accounts. During 1998-2000, worldcom reduced a reserve accounts held to coverthe liabilities of acquired the companies. Worldcom has added $2.8 billion to revenue line from the reserves. FINAL COUNTDOWN The media, legal and investor unrest intensified against the WorldCom, there was a little hope left for a company. Company was required to pay the $172 million in the interest and the debt in 2002, was to increase further to $1.7 billion and $2.6billion as a part of the repayment schedule in 2003 and 2004. Negative cash flow of $871 million in the 2001. Generated only $564 million in the free cash in 2002 and $1 billion in 2003. The company admitted that it had resorted to the fraudulent accounting practices for five quarters . IMPACT OF WORLDCOM FALL DOWN CEO Ebber was sentenced 25yrs imprisonment. The Standard and the poors reduced WorldComs credit rating to a junk status and worldcom was removed from prestigious SP500 index. Share price fell over by 80%. On june 26, SEC filed a suit alleging securities fraud against worldcom in the district court in a Newyork. 17000 employees lost their jobs. Ordinary in vestors were put into the several loss. Worldcom changed its name to MCI,and moved the corporate headquarters from clinton to dulles,virginia,on april14,2003. Under bankruptcy reorganisation agreement,the company paid $750 million to the SEC in cash and stock in a new MCI,which is intended to be paid to the wronged investors. ATT is seen as the potential gainer in a aftermath of worldcoms inevitable collapse. Bankruptcy During July 21, 2002, WorldCom filed Chapter 11 bankruptcy protection in a largest such filing in a United States history . None of criminal proceedings against WorldCom and their officers and agents were originated by referral from Gonzalez or Department of Justice lawyers. WorldCom change its name to MCI, and moved its corporate headquarters on Clinton, Mississippi, to Dulles, Virginia, on the April 14, 2003. Under a bankruptcy reorganization agreement, a company paid $750 million to SEC in cash and stock in the new MCI, which was intended to be paid to the wronged investors. During May 2003, Company was given the no-bid contract by a United States Department of Defense to build the cellular telephone network in the Iraq. A deal has been criticized by the competitors and others who cite a companys lack of experience in area. Post-bankruptcy The company emerged from the Chapter 11 bankruptcy in 2004 with $5.7 billion in the debt and $6 billion in the cash. It had to pay many of the creditors, who had waited for the two years for the portion of the money owed. Many of a small creditors included former employees, primarily those who was laid off in the June 2002 . About half of the cash were intended to pay the various claims and settlements. The Previous bondholders ended up the being paid 35.7 cents on dollar, in bonds and stock in a new MCI company. previous stockholders stock was valueless severance and the benefits were withheld when WCOM filed for the bankruptcy. During August 7 2002, the exWorldCom 5100 group is launched. It is composed of former WorldCom employees with the common goal of seeking the full payment ofa severance pay and benefits based on a WorldCom Severance Plan. The 5100 stands for number of WorldCom employees laid off on June 28, 2002 before WorldCom filed for the bankruptcy. During Febr uary 14, 2005, Verizon Communications agreed to acquire the MCI for $7.6 billion. During March 15, 2005 Bernard Ebbers is found guilty of all the charges and convicted of the fraud, conspiracy and filing false documents with a regulators all related to a $11 billion accounting scandal at telecommunications company . He is sentenced to 25 years in prison. Other former WorldCom officials was charged with criminal penalties in relation to companys financial misstatements include former CFO Scott Sullivan , controller David Myers, accounting director Buford Yates and accounting managers Betty Vinson and Troy Normand. During July 13, 2005 Bernard Ebbers received sentence that would keep imprisoned for 25 years. During March 2005, 16 of WorldComs 17 former underwriters reach settlements with investors. During December 2005, Microsoft corporation announce that MCI will joined it by providing Windows Live Messenger customers Voice Over Internet Protocol (VOIP) services to make telephone calls. This is MCIs last new product MCI Web Calling. After a merger, this product is renamed Verizon Web Calling. RESULTS FROM WORLDCOM SCANDALS First , A negative perception of corporate America has been reinforced. Investors have developed the destructive sentiment corporate management, a accounting firms, the lawyers and the investment banks. CEO no longer stands for the Chief Executive Officer, but the Chief Embezzlement Officer and that EBITDA now means Earnings Before I Tricked Dumb Auditors. Banks, which lent the money to all of the companies, are under scrutiny by the nervous investors. Second result of WorldCom scandal is that government is moving to re-regulate the economy. It is the Republican administration that is moving to the tighten controls over accounting, corporate governance and the transparency and a disclosure. To reduce chances of a corporate wrongdoing, it will also the add layers of regulations on a businesses that will be more costly in terms of time and money. The WorldCom scandal is likely to become election issue in upcoming fall 2002 congressional races, with Democrats seeking to paint the Republicans as friends of big sleazy business. The third result was WorldComs customers was likely to leave it in the large numbers. ATT is the most likely first choice for the most enterprise customers seeking a relatively sophisticated network. After ATT, the mostly likely candidates are the Sprint and the Qwest . The fourth result will be the reexamination of the U.S. telecom policy. The Securities Exchange Commission take WorldCom as the worst accounting scandals in the history and will take the enforcement action of a considerable harshness. The Federal Communications Commission was to be the more open to letting the company be sold to the rival, including one of the former Baby Bells. It remove WorldCom as the ongoing crisis. The Department of Justice is involved because of anti-trust issue. Several Bells at buyi ng WorldCom, largely for the position in a Internet backbone and enterprise markets. In bankruptcy proceeding, those assets be attractively priced for the Bell. Other long distance companies are in no condition to buy the WorldCom, leaving the Bells as the only real possibility. The fifth result is WorldCom and the other scandals are weakening dollar. One, foreign investors, with an eye to the slumping value of the dollar, could demand the premium to hold U.S. securities. Two, they could demand the premium for credit risk. Both the trends would accelerate the dollars declining value in the international markets. Foreign funds flow into the United States is not to be the casually dismissed considering that the U.S. needs to it help finance its current account balance of payments deficit, which is the expected to be around of 5% of GDP. The sixth factor is the impact of WorldCom beyond U.S. shores. Firstly, the sleaze element is giving impetus to the greater regulation and a bet ter corporate governance in the countries such as the Canada and the United Kingdom. Second, WorldCom as well as Enron scandal, are hurting the attractiveness of the so-called Anglo-American model of de-regulated capitalism and giving greater credence to a capitalism modified by a larger state role in the economy . Third, the WorldCom weakens foreign investor sentiment on the U.S. securities, this feeds into weaker dollar. ARTICLE WITH INTERPRETATION WorldCom Scandal: A Look Back at One of the Biggest Corporate Scandals in U.S. History INTERPRETATION During I998 telecommunications industry slow down and WorldComs stock is declining. CEO Bernard Ebbers is under increasing pressure from banks to cover margin calls on WorldCom stock is used to finance his other businesses endeavors (timber, yachting, etc.).A Companys profitability took another hit when it is forced to abandon their proposed merger with Sprint late 2000. Im 2001, Ebbers persuade the WorldComs board of directors to provide him the corporate loans and theguarantees totaling more than $400 million. Ebbers wanted to cover the margin calls, but strategy ultimately failed and Ebbers is ousted as CEO in April 2002. In 1999 and through May 2002, The WorldCom used accounting methods to mask its declining financial condition with falsely professing financial growth and profitability to increase the price of WorldComs stock. The fraud is accomplished in two main ways. First, WorldComs accounting department underreported theline costs by capitalizin g the costs on the balance sheet rather than a properly expensing . Second, company inflated revenues with the bogus accounting entries from the corporate unallocated revenue accounts. The discovery of possible illegal activity is by WorldComs internal audit department who uncovered approximately $3.8 billion of a fraud in June 2002. Companys audit committee and the board of directors was notified of the fraud and was acted swiftly: Sullivan is fired, Myers resign, and Securities and Exchange Commission launch investigation. By end of 2003, it was estimated that companys total assets had been inflated with around $11 billion . CONCLUSION The companys share- and bond-holders were left holding practically worthless assets. With assets below the companys debt of $30 billion, creditors were unlikely to get money back. WorldComs 80,000 employees were likely to pay with the jobs. According to athe mutual fund advisory group, 539 mutual funds own 400 million of the three billion i n the outstanding shares of WorldCom. Ordinary investors in the funds were likely to suffer heavy losses. There are 401(k) plans of ordinary workers in the mutual funds. In contrast to the losses that were immediate for the ordinary people hooked to the shares and investments in mutual and pension funds, corporate laws provide the far better cushion to the top executives. On July 8, Ebbers and former Chief Financial Officer Scott Sullivan refuse to testify before congressional Financial Services Committee inquiring into a WorldCom scandal. The Committee is keen to investigate links between the the company and an investment analyst who is believed to have had prior knowledge about the dubious accounting methods employed by the WorldCom. The telecom major ATT is seen as the potential gainer in aftermath of WorldComs inevitable collapse.

The Simple Present Tense of Verbs

In English grammar, the simple present tense is a form of the verb that refers to an action or event that is ongoing or that regularly takes place in present time. For example, in the sentence he cries easily, the verb cries is an ongoing action that he easily does.   Except in the case of the word be, the simple present is represented in English by either the base form  of the verb like in I sing or the base form plus the third-person singular -s  inflection  as in She sings. A verb in the simple present tense can appear alone as the main verb in a sentence; this finite  verb form is called simple because it doesnt involve aspect. In English grammar, there are seven accepted functions of the usage of the simple present for of verbs: to express permanent states, general truths, habitual actions, live commentary, performative actions, past time or historic present, and future time. Basic Meaningof the Simple Present There are a variety of uses for the simple present in verb conjugation, but mostly it serves to keep the sentence structure itself grounded in the events happening presently, or as they relate to the here and now. Michael Pearces The Rutledge Dictionary of English Language Studies expertly lays out the seven commonly accepted functions of the simple present form of verbs: 1) Permanent state:  Jupiter  is  a very massive planet.2) General truth:  The earth  is  round.3) Habitual action:  Her daughter  works  in Rome.4) Live commentary:  In each case I  add  the two numbers: three plus three  gives  six . . ..5) Performative:  I  pronounce  you man and wife.6) Past time (see historic present):  He  moves  to the window alongside, and  sees  her inside the office moving away from the door. He  shoots  twice through the window and  kills  her.7) Future time:  My flight  leaves  at four thirty this afternoon. In each of these cases, the simple present serves to keep the verb form in the here and now, even when referring to past or future actions, the sentence is grounded in the present by these verbs, but there are more ways than one to express the present. Simple Present Versus Present Progressive As far as English grammar goes, the simple present does not fully function in describing ongoing events and instead the present progressive form of a verb must be used, although the simple present may be accepted colloquially to entail an ongoing action. Laura A. Michaelis describes this relationship through the example of the verb falls in Aspectual Grammar and Past Time Reference, wherein she says present-tense event predications, if intended as reports upon circumstances ongoing at present, must appear in the present progressive. In the instance of he falls, then, the verb may be interpreted as habitual, but it would be better to use he is falling instead. Using the present progressive, therefore, is more correct than using the simple progressive when stating something as ongoing rather than habitual.

Violent Video Games Harmful On Children And Adolescents

Violent Video Games Are Harmful to Children and Adolescents. There is overwhelming scientific research that suggests that playing violent video games are harmful to children and adolescents. The scientific evidence has uncovered several areas in the development of children and adolescent that are negatively impacted because of the exposure to and playing of violent video games. Some of the key areas that are negatively affected include brain activity, stress levels and behavior. Playing violent video games causes aggression desensitization (Gentile, Swing, Anderson, Rinker, Thomas, 2016). Gentile et al. (2016) provided neurological evidence that revealed that violent video game play was significantly associated with aggression desensitization, physiological arousal, aggressive cognition, and aggressive behavior. They conducted a study that examined neural recruitment during violent videogame play among 13 late adolescent gamers, half of the gamers played violent games and half of the gamers played nonviolent games. The participants playe d a video game in violent and nonviolent modes while undergoing functional MRI scanning. The functional MRI scans of the nonviolent gamers showed an increase in emotional response regions when playing the violent game. In contrast, the functional MRI scans of the violent gamers demonstrated an active suppression of these same regions. In addition, nonviolent gamers showed increases in spatial attention, navigation, and cognitiveShow MoreRelatedAre Violent Video Games Are Harmful To Children And Adolescents?1729 Words   |  7 PagesTaking Sides: Violent Video Games There has been a long-standing debate that violent video games are harmful to the rising generations. The article that was selected to be critiqued is, â€Å"Are Violent Video Games Harmful to Children and Adolescents?†. The purpose of this paper is to analyze and critique the research methods and conclusions included by the author of the article. Summary Author, Steven F. Gruel, argues that there is an overwhelming amount of science and research that supports theRead MoreViolent Video Games Essay889 Words   |  4 Pagesâ€Å" Video game violence has become a highly politicized issue for scientists and the general public † ( Ferguson, 2007 p309). The video game is always controversial as some of them contain sexual and violence and so on. Especially some violence games were played by the adolescents. Adolescents are very fragility. Violent video games are negative for the children which will impact their social relationship, their health and make them has aggressive behavior. First violent video games will impactRead MoreThe Effects Of Violent Video Games On Children902 Words   |  4 PagesThe lives of adolescents consist of indulging themselves with some form of an activity that occupies their restless minds. Violent video games are a conflict in modern day society because children are witnessing harsh behaviors that are conditioning them to believe it is acceptable to commit these actions displayed before their eyes. There are many health effects that are involved with participating in these products of entertainment such as an increase in aggression, poor social skills and the formationRead MoreBanning Violent Video Games On Children1545 Words   |  7 Pages Banning Violent Video Games A child is killing police officers. A teenager is hiring prostitutes to potentially kill them. He is using weapons such as guns, chainsaws, and knives to kill and commit horrible crimes. Thousands of children and teens participate in these actions daily. How? Violent Video games such as Doom, Call of Duty, and Grand Theft Auto are just a few of the games that are full of these awful actions. The Harvard Mental Health Letter states, â€Å"The Pew Research Center reportedRead MoreViolence of Video Games Essay1204 Words   |  5 PagesThe overconsumption of things that we assume are not harmful to us can result in death or very close to it, such as Vitamin b, codeine, alcohol, and water. What do all of these have in common? All of these can either kill you, or become very harmful to your well being if you consume too much of it. We could certainly compare the â€Å"overconsumption† of video games with violence to the above with added danger. The fact that video games ar e addictive as can be seen by anyone with experience of playingRead MoreIs video gaming a force for psychological good or psychological harm?1000 Words   |  4 PagesIs video gaming a force for psychological good or psychological harm? Is video gaming a force for psychological good or for psychological harm? This is one of the issues discussed in the last thirty years. A lot of people, especially parents, would say gaming is harmful on a child’s psychology. Those people would say that video games make children aggressive; they are frustrating and highly addictive. The concerns are not only about children, they go for teenagers and young adults as well. SomethingRead MoreViolent Video Games : Positive And Negative Effects On Children And Adolescents774 Words   |  4 Pagesgaming systems, violent video games have become well-liked by children and adolescents. The playing of violent video games has always been a controversial topic, but in recent years it has become a heated debate. Whether the playing of these games desensitize the player or not. Video games have been around since the late 1970s, however violent video games were introduced in the 1990s. In recent years the violence in games have increased al ong with the enhanced graphics making the games more realisticRead MoreViolent Video Games Effects On Society988 Words   |  4 PagesVideo games have been around for half a century, when the first simple tennis game was designed by William Higinbotham in 1958. Since then, video games have gotten more in depth, and now include the best graphics and a vast amount of options which include violent video games. Violent video games have gotten more popular with the vast amount of variety including the franchise of Call of Duty, Battlefield, and Grand Theft Auto. In addition, these are the most common and sought after video games, andRead MoreMass Media And Its Effect On Children1668 Words   |  7 Pagesmass media parent the children of today. Consequently, radio, video games, television, movies, videos, phones, and social networks play a significant role in their upbringing. For, they assist in influencing a child’s values, beliefs, and behaviors. Children rather unconsciously heed and imitate the images exhibited, for example, in television, they learn the appropriate way to comport and one’s countenance. Electronic mass media, in particular, contains an element that is harmful to children’s psychologicalRead MoreThe Number Of School Shootings1613 Words   |  7 PagesThe number of school shootings by teenagers causes researchers great concern. Researchers wonder if there is a correlation between the increased numbers in young adolescents playing video games containing violence, and the increased numbers of teenage school shootings. Brad Bushman believes there is a correlation between â€Å"video game violence and violence† (2013, p. 376) To explore the correlation, one must first understand the definition of aggression. Eden and Eshet-Alkalai use Anderson and Bushman’s

Bill Bojangles Robinson - 4395 Words

Bill Bojangles Robinson Bill Bojangles Robinson, who claimed he could run backward faster than most men could go forward, was the most famous of all African American tap dancers in the twentieth century. Dancing upright and swinging, his light and exacting footwork brought tap up on its toes from an earlier flat-footed shuffling style, and developed the art of tap dancing to a delicate perfection. Born Luther Robinson in Richmond, Virginia, his parents, Maria and Maxwell Robinson, died in 1885. Young Bill was reared by his grandmother, Bedilia Robinson, who had been a slave. In Richmond, he got the nickname Bojangles from jangler, meaning contentious, and invented the phrase Everythings Copasetic, meaning tip-top. He got†¦show more content†¦Robinson had no doubts that he was the best at what he did, a self-confidence that some took to be arrogance and that was mixed with a sometimes brooding depression at the fact that, because he was black, he had to wait until he was in his sixties before he could enjoy the fame and fortune given to less talented white dancers. In fact, he appears to have been a remarkably generous man and in addition to his massive workload, he never refused to appear at a benefit for those artists who were less successful or ailing. It has been estimated that in one year he appeared in a staggering 400 benefits. In 1930 Robinson had made a film, DIXIANA, but it was not until he went to Hollywood in the middle of the decade that he made a breakthrough in this medium. He danced in a string of popular films, including some with Shirley Temple. By 1937 Robinson was earning $6,600 a week for his films, a strikingly high sum for a black entertainer in Hollywood at the time. In 1943 he played his first leading role in STORMY WEATHER, an all-black musical in which he starred opposite Lena Horne. Despite being in his early seventies when he madeShow MoreRelatedBlack Voices : The Harlem Renaissance1587 Words   |  7 Pagesrose during this time was Bill â€Å"Bojangle† Robinson. He was born as Luther Robinson in Richmond, Virginia in 1878. Both of his parents died in 1885, when Robinson was just seven His grandmother, who had been a slave earlier in her life, stepped up and rose him. According to Robinson, he used physical force to compel his brother, Bill, to switch names with him, since he did not care for his given name of Luther. Additionally, as a young man, he earned the nickname Bojangles for his contentious tendenciesRead MoreTap Dance: A Uniquely American Dance Form3422 Words   |  14 Pagesentertainment, vaudeville, emerged. Many believe this packaging marked the beginning of the entertainment industry as big business. (Vaudeville, A History) In a vaudeville show there were a variety of unrelated acts grouped together on a common show bill. Entertainers included: comedians, singers, plate spinners, ventriloquist, dancers, musician, acrobats and animal trainers. During its prime (1880-1920) vaudeville was said to be the home for more than 25,000 entertainers. (Vaudeville) The vaudevilleRead MoreThe Evolution And Impact Of Jazz Dance On The World864 Words   |  4 PagesOliver). Vaudeville was first a European tradition that travelled from city to city performing their songs, dances, and skits (Guarnino and Oliver). Vaudeville opened up opportunities in America for dancers to thrive in show business like Bill â€Å"Bojangles† Robinson who was black tap dancer. Performers like Fred Astaire and Ginger Rogers integrated ballet movements with the sudden rhythmic movements of jazz as well. During the late 50’s, jazz dance started integrating the roots of the Caribbean traditionalRead MoreEssay about Americas Sweetheart: Shirley Temple878 Words   |  4 PagesGreat Depression. Shirley Temple, the dimpled, curly-haired child star dubbed â€Å"America’s Sweetheart,† was one such film star who brought hope to those affected by the Great Depression and left an enduring impression on the United States of America. Robinson 2 Before and during her rapid rise to Hollywood stardom, Temple’s family played an important role in her childhood. Born in Santa Monica, California on April 23, 1928, Temple was welcomed into the world by her parents and two older brothers. MrRead MoreAn Analysis Of George Gershwin s An American Folk Opera 1641 Words   |  7 Pagesthat the theater is a place where we as artists are natural, inventive, spontaneous, and not afraid to be ourselves.† The evolution of the â€Å"genuine American music-drama† can be traced back to African American vaudeville performers like Bill â€Å"Bojangles† Robinson and the Whitman Sisters, who performed song and dance acts in the early nineteen hundreds. The popularity of some African American vaudeville performers led to their inclusion in Broadway musicals and eventually to the creation of a showRead MoreGreat Depressions Influence on American Vernacular Dance2179 Words   |  9 PagesCigar† from her solo role in the revue Shore Excursion. Her sense of rhythm, theater and costuming, as well as her choreography and dancing, put serious African American vernacular dance on the map once and for all. Another example would be Bill â€Å"Bojangles† Robinson, who was an American tap dancer and actor of stage and film. Audiences enjoyed his understated style, which eschewed the frenetic manner of the jitterbug in favor of cool and reserve. Rarely did he use his upper body, relying instead on busyRead Morejazz dance Essay2756 Words   |  12 Pageswas also the era of Bill â€Å"Bojangles† Robinson, a black tap dancer who achieved world fame through the clean and clear percussive rhythms of his feet. The early forms of tap dance evolved from the Irish jig, which incorporated limited upper body movements. As the movements of the tap dance became more flexible, the lightness of Robinson’s style influenced the future of tap dance by changing the placement of the tap steps from the full foot to the ball of the foot. Bill Robinson was seen performingRead More Writers of the Harlem Renaissance Essay2535 Words   |  11 Pagesof visual arts. Aaron Douglas and William H . Johnson were two of the many black painters to benefit from the Harlem Renaissance. Black music also began to flourish, and jazz became a sensation under black talents such as Duke Ellington, Bill ?Bojangles? Robinson, and Ma Rainey. James Van Der Zee represented blacks in the photography profession. As a result of this increasing exposure to black culture and art, the distance between black and white culture began to diminish. Even after the HarlemRead MoreLena Horne9265 Words   |  38 Pagesstardom. By March 1943, she was back in Hollywood for what would be her busiest time of filmmaking. MGM loaned her to 20th Century-Fox for another all-black musical, a fictionalized film biography of dancer Bill Bojangles Robinson called Stormy Weather, in which she co-starred with Robinson himself and again sang the title song, which became her signature tune. The opening of Cabin in the Sky in April found her on the road making appearances in black theaters like Washington, D.C.s Howard and

Article About Advantage Phone in School Free Essays

According to a 2008 study by the Pew Research Center, 75 percent of teenagers ages 12 to 17 own a mobile phone and use that phone for daily communication through talking and text messaging. Although mobile phones may be a distraction in schools, there are many advantages to teenagers keeping and using their mobile phones–among them a number of educational and informational smartphone applications and the ability to pinpoint a missing teenager’s location via GPS tracking. One of the biggest advantages to a teenager having a mobile phone is the ability to call an emergency service in case of an accident or a towing service in case of a tire blowout while driving. We will write a custom essay sample on Article About Advantage Phone in School or any similar topic only for you Order Now According to the 2008 study conducted by the Pew Research Center, 75 percent of Americans claim to have used their mobile phones in emergency situations. Emergency agencies also support the use of mobile phones during an emergency by urging people to add the letters ICE (for â€Å"in case of emergency†) in front of certain names in their mobile phone directory to designate who should be called in case of an emergency. Many new phones also include GPS location technology, allowing parents to pinpoint the location of their teens or to locate lost or stolen phones. Smartphones allow teenagers to keep in touch not only with their friends, but also with family members, schools and emergency services. Facebook and other social media applications allow for instant updates on a teenager’s status, and mobile phones have revolutionized long-distance communication by including long-distance calling options in their service plans. The ability to send instant text messages is an added advantage, though it should be avoided while driving. According to the Pew Research Center’s 2008 study, an estimated 88 percent of teenage mobile phones users use their phones to connect through text messaging. Smartphones enable teenagers and college students alike to download course lectures, lesson plans and other applications designed to aid in education. Many applications provide books in digital format, much like a Kindle, while other applications, such as the USA Today or the New York Times app, condense every aspect of the print newspaper so it fits in the palm of a teenager’s hand. In addition, a number of informational and educational podcasts, as well as classes recorded in podcast format, are available for instant download to most smartphones. main idea 1. Cell Phones as an Aid in Emergency Situations * ability to call an emergency service in case of an accident or a towing service include GPS location technology, allowing parents to pinpoint the location of their teens or to locate lost or stolen phones. 2. Cell Phones as a Means to Connect * allow teenagers to keep in touch not only with their friends, but also with family members, schools and emergency services. 3. Cell Phones as Wellness and Educational Tools * enable teenagers and college students alike to download course lectures, lesson plans and other applicatio ns designed to aid in education. How to cite Article About Advantage Phone in School, Essay examples

Competitive Strategy Business and National Culture

Question: Discuss about the Competitive Strategy for Business and National Culture. Answer: Introduction: Strategy is often mixed up with terms like goals, tactics and objectives. It is used to understand the insights of the business. A good leader will always make a strategy that will have a vision and a better way of carrying out the ideas for the benefit of his subjects. The sacrifice of some people by the leader is necessary in order to reach the goal that is set by him. Some questions need to be kept in mind to formulate a good strategy (Verbeke 2013). The answers to these questions need to be found out so that the company can actually achieve its target. The idea of providing the best services to the customer needs to be identified by the company and should be the foremost goal of the company. Customization, reliability of the customers and the product styles needs to be maintained in order to gain the faith and trust of the customers (Walker and Madsen 2016). Henry Mintzberg divided the strategies in to three parts namely Intended, Emergent and Realized Strategy. Coca-Cola has been in the business for almost around more than a century and is still going strong in the market due to the competitive advantage that it has over other products that are available in the market. The stocks and shares of the company continue to rise and people always go after them because of their rising prices. The competitive advantage that the firm has over others is that the recipe, which is a secret for the company and tastes much better than all the other products that are in the company. The ability to develop new products and reinventing the ones that are already present in the market gives them an edge over other companies. Consumers are spoilt for choice as they offer more than four hundred brands in around 200 markets globally. The distribution system of the company is very good in comparison with the other companies as they maintain a huge network of operators worldwide (Menon and Yao 2014). The entire distribution team stays updated with the new technolog ies that are developing and they constantly keeps on changing these so that the consumers from every corner of the globe have access to their products. The far flung places in Africa have access to these products due to the excellent distribution strategy that is taken up the firm. The technology that is used to make the products is of high quality and up to date so that the company incurs low cost on production on manufacturing it. The distribution team maintains a strong bond with the manufacturing plants so that the products keep on flowing constantly to the consumers (Dawar 2013). This network enables the firm to gain maximum profits in comparison with the other companies. The efficiency and the strategies used by the Coca-Cola company is of great advantage and success of the company. CAGE Framework The CAGE framework states that the trade opportunities of a company depend upon the cultural, administrative, geographical and economical factors of the company. The cultural factor determines the habits of the people of that place through interactions with different companies and institutions. The differences in religion and languages can have a great impact on the trade factors (Ghemawat and Altman 2016). The administrative factor looks in to the history or the background of the place and the relations that it shares with the other countries in terms of trading activities. The geographical distances between two countries also needs to be considered as the borders and boundaries of the place play a huge role in the smooth functioning of the trading activities. The economical factor needs to be considered as well because it is seen that the companies that are in rich countries tends to do more cross country trade activities as compared to other countries (Lopez-Duarte, Vidal-Suarez a nd Gonzalez-Diaz 2015). The application of the CAGE framework fits very well in the Coca-Cola Company as the entry in to the Chinese market was of great benefit to the company. The cultural advantage that the company got in that market was that the product was refreshing and new in the market. The risk was that the tea-loving people of China never tasted a product like that before and it was going to cost a lot for the company to advertise their product in the age old norm markets of China. The administrative factors were that the country had a capitalist government, so to enter the market the company had to pass through many legal boundaries. The country had no previous ties with other countries so the recognition of brand was not possible to the people. The size of the country is huge and is highly populated, so to reach every corner of the country is difficult for the company. Due to the long distances and the failure of communication, the company had to face lots of problem in the starting years. Econom ically, the country was not in a good position since the buying capacity of the people was very less due to the low labor cost, which inflicted the country throughout. The company benefitted from this as the cost of labor was meager as opposed to countries like United States and Russia (Omar, Leach and March 2014). The governmental, marketing and the cost factors of the country caused great hindrances for the company. The success of the company depended on the experiences that it had due to the overseas trade and the knowledge of internationalizing activities that were taking place at that time. The availability of the resources in the company and the relationships that the company maintained with all the other nations gave a great boost in favor of the company. One of the major drawbacks that the company faced was that the operating country that is China was facing lots of difficulty due to the political unrest that was taking place throughout the nation (Ghemawat 2013). The compan y had high risks as how would the indigenous people react with their people as well as opportunities were also great due to the huge population and great marketing base. Reference List Dawar, N., 2013. When marketing is strategy.Harvard business review,91(12), pp.100-108. Ghemawat, P. and Altman, S.A., 2016. Emerging Economies: Differences and Distances 1.AIB Insights,16(4), p.7. Ghemawat, P., 2013.Redefining global strategy: Crossing borders in a world where differences still matter. Harvard Business Press. Lpez?Duarte, C., Vidal?Surez, M.M. and Gonzlez?Daz, B., 2015. International Business and National Culture: A Literature Review and Research Agenda.International Journal of Management Reviews. Menon, A.R. and Yao, D.A., 2014.Elevating Repositioning Costs: Strategy Dynamics and Competitive Interactions in Grand Strategy. Omar, A.T., Leach, D. and March, J., 2014. Collaboration between nonprofit and business sectors: A framework to guide strategy development for nonprofit organizations.VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations,25(3), pp.657-678. Verbeke, A., 2013.International business strategy. Cambridge University Press. Walker, G. and Madsen, T.L., 2016.Modern competitive strategy. McGraw-Hill Education.

The Sacrifice Of Life (Iphigenia) Essay Example For Students

The Sacrifice Of Life (Iphigenia) Essay The Sacrifice Of Life(Iphigenia)A simple definition of sacrifice is to give up something for the sake of something else, whether it is for another human life, for an idea, or even for a belief. She was 17 years old. He stood glaring at her, his weapon before her face. Do you believe in God? She paused. It was a life-or-death question. Yes, I believe in God. Why? asked her executioner. But he never gave her the chance to respond. The teenage girl lay dead at his feet. (DC Talk 17) This example of a sacrifice really happened at Columbine High School in Littleton, CO, on April 20, 1999. In the story Iphigenia and in todays society, justification can be found in favor of the sacrifice of life for the lives of others, for the sake of ones country, and for ones religious beliefs. We will write a custom essay on The Sacrifice Of Life (Iphigenia) specifically for you for only $16.38 $13.9/page Order now First, one can see the importance of the sacrifice of one life in order to save many more. In the Grecian tale, Iphigenia is forced by her father and the multitudes of Grecian soldiers to sacrifice her life in order to appease the god that controls the winds. Her inner struggle consists of the desire to live verses the knowledge of the fact that if she doesnt die, her family will be executed along with her. Iphigenia must decide which is more important in the grand scheme of things. Her decision to die is only made because she realizes that she is the sacrifice for the ones she holds dearest to her heart, her own family members. This devotion to her kindred is her reason for willingly giving her life. As Achilles speaks with Iphigenia about her decision, he notices the nobility and courage that she is putting forth in order to make such a huge sacrifice. This courage is much like the courage that is shown in the sacrifice of lives today for others. When searching todays society for those that show courage and nobility like that of Iphigenia, one acknowledges the work of the firefighters and police departments.Every time a person of this profession leaves their station in lieu of a call, they are potentially sacrificing their lives for the lives of others. The many possible things that could happen to one of these workers while on the field could put them in a situation where their safety is questionable. It is understood that this worker must sacrifice his or her life for whatever person that is in need of help. This victim is more than likely a complete stranger to this firefighter or police officer, yet the workers continue to sacrifice their lives for the sake of the people. Contrary to Iphigenias sacrifice for the ones she holds closest to her, todays defense workers are sacrificing their lives for the entire people group in their jurisdiction that they have never even met. Though there is this difference between now and th en, the sacrifice of life still requires huge amounts of courage and a noble manner. Next, justification of the loss of life for the sake of a country is evident through Iphigenia and todays society. In Iphigenia, thousands upon thousands of men are just waiting to sacrifice their lives in a war for the sake of their country. The cause of this war is the defining characteristic to notice. The entire Grecian army is ready to cross distant waters and lands in order to steal back something that was taken from one man. The pride and selfishness of this one man is so nonsensical and ludicrous, yet legions upon legions of men are willing to die for it. This somehow gives them the feeling of patriotism, which is very high on their priority list. With country before family on that list, the sacrifice of one daughter seems very miniscule when held next to defending the country. As Iphigenias father, Agamemnon, began his mission to sacrifice his own first daughter, Edith Hamilton says, He dared the deed, slaying his child to help a war (Hamilton 189). Thus, the death of Iphige nia breaks family ties as well as all of the men that will die in the battles to come in that war. .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 , .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 .postImageUrl , .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 .centered-text-area { min-height: 80px; position: relative; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 , .ufdad79586fc8b7e4f9cb8cb0f53ec3b2:hover , .ufdad79586fc8b7e4f9cb8cb0f53ec3b2:visited , .ufdad79586fc8b7e4f9cb8cb0f53ec3b2:active { border:0!important; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 .clearfix:after { content: ""; display: table; clear: both; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2:active , .ufdad79586fc8b7e4f9cb8cb0f53ec3b2:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 .centered-text-area { width: 100%; position: relative ; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2:hover .ctaButton { background-color: #34495E!important; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2 .ufdad79586fc8b7e4f9cb8cb0f53ec3b2-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ufdad79586fc8b7e4f9cb8cb0f53ec3b2:after { content: ""; display: block; clear: both; } READ: on Oedipus Jocasta Creon and Antigone EssayWhen the draft is put out

Discover the Best Cause and Effect Essay Sample for Sleeping Better

Discover the Best Cause and Effect Essay Sample for Sleeping BetterThe most important factor when it comes to getting better at sleep is to discover the best cause and effect essay sample. If you want to improve your sleeping, you will need to know why this occurs.In extreme cases of insomnia, both the body and mind are affected in a negative way. In mild cases, the problem is mainly the mind, and in more severe cases, the body.The major difference between the two is the degree of restlessness and the increase body temperature. If these three factors are all we can control, then we will get better at falling asleep.The cause of insomnia is what controls the restlessness. This can be caused by a person in general, or it can be the physical condition of the body. If we are overweight, it is very likely that we will experience an increase in body temperature during the night.If the body is uncomfortable, or there are unusual noises in the bedroom, we will not be able to fall asleep as e asily. This is when the cause of insomnia comes into play. At times, this causes a person to sleep better than others, and they always feel exhausted, especially during the day.The cause of insomnia is what controls the body. When we have an increase in body temperature, then our bodies do not have the ability to relax, and we will feel the effects of insomnia.If you want to fall asleep, then you need to identify the cause of your insomnia. If it is the physical condition of the body, then find a way to reduce the body temperature. If it is something in your environment, then learn how to avoid those things that bring on stress.

International Exchange Rates

International Exchange Rates International exchange rates are the ones used to exchange a country’s currency with another country’s currency in a particular period of time. Exchange rates influence various monetary systems in different parts of the world. Exchange rates change depending on factors related to demand and supply (Gaspar, 2011, p. 67).Advertising We will write a custom essay sample on International Exchange Rates specifically for you for only $16.05 $11/page Learn More For instance, an increase in the demand of goods produced in Japan causes the Yen to appreciate while a decrease in the demand of Japanese goods will make the Yen depreciate. Low rates of inflation in an economy increase the value of the local currency while high rates of inflation in an economy decrease the value of the local currency. High interest rates in an economy increase the value of the local currency due to an increase in the amount of money deposited in banks (Melicher and Norton, 201 2, p. 79). Changing exchange rates has a big impact on the amount of revenues a company obtains in a particular market. For instance, a business manager whose firm sells crude oil in the US needs to know the exchange rate of the dollar because a weak dollar will make him obtain crude oil imports at a higher price. Therefore, he/she needs to plan how his firm will withstand risks associated with changing currency rates (Brigham and Davies, 2012, p. 53). Germany, just like several European Union member countries, stopped using the Mark in favor of the euro, more than 10 years ago. The current exchange rate of the US dollar equivalent to the euro is pegged at 1 dollar to 0.76 euro. The current exchange rate of the dollar equivalent to the British pound is pegged at 1 dollar to 0.6553 pound. It is better to produce goods in the United States and ship them to Britain or Germany because most international transactions are pegged on the dollar. Graph showing exchange rate between the doll ar and the euro for the last 3 years. Source: www.fxtop.com Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Graph showing exchange rates of the dollar equivalent to the sterling pound for the last 3 years. Source: https://fxtop.com/ The Chinese Yuan is not allowed to float freely in international markets and its use is highly restricted by the Chinese financial authorities. Many Chinese companies which operate internationally prefer to use the dollar instead of the Yuan in their transactions (Scott, 2012). Any firm that invests in the country is in a better position to diversify its foreign currency reserves. This will protect it from risks associated with instabilities in foreign exchange markets. References Brigham, E. F., Davies, P. R. (2012). Intermediate financial management. Mason, OH: Cengage Learning. Gaspar, J. (2011). Introduction to global business: Understanding the international environment. Mason, OH: Cengage Learning. Melicher, R. W., Norton, E. A. (2012). Introduction to finance: Markets, investments, and financial management. New York, NY: Wiley. Scott, R. E (2012, August 23). The China toll. Economic Policy Institute Publication. Retrieved from https://www.epi.org/publication/bp345-china-growing-trade-deficit-cost/

The 5 Principles of Adult Learning Pioneered by Malcolm Knowles

The 5 Principles of Adult Learning Pioneered by Malcolm Knowles The teacher of adults has a different job from the one who teaches children. If youre teaching adult students, for the best results its important to understand and practice five principles espoused by Malcolm Knowles, a pioneer in the study of adult learning. He observed that adults learn best when: They understand why something is important to know or do.They have the freedom to learn in their own way.Learning is experiential.The time is right for them to learn.The process is positive and encouraging. Make Sure Your Adult Students Understand â€Å"Why† Most adult students are in your classroom because they want to be. Some of them are there because they have continuing education requirements to keep a certificate current, but most are there because they’ve chosen to learn something new. This principle is not about why your students are in your classroom, but about why each thing you teach them is an important part of the learning. For example, imagine you are teaching a group how to make pickles. It would be important for students to understand why each step in the pickle-making process is important: It’s important to soak the cucumbers in ice water overnight. This helps make the pickles crisp.If you put a towel under the jars in the canner, they won’t bounce against each other and break.When sterilizing the jars, it’s important to fill each at least halfway with water, AND fill the canner they’re sitting in with water. Too little water and the towel mentioned in the previous bullet will catch on fire. You know this kind of information comes from experience. Respect that Your Students Have Different Learning Styles There are three general learning styles: visual, auditory, and kinesthetic. Visual learners rely on pictures. They love graphs, diagrams, and illustrations. â€Å"Show me,† is their motto. They often sit in the front of the classroom to avoid visual obstructions and to watch you, the teacher. They want to know what the subject looks like. You can best communicate with them by providing handouts, writing on the whiteboard, and using phrases like, â€Å"Do you see how this works?†Auditory learners listen carefully to all sounds associated with the learning. â€Å"Tell me,† is their motto. They will pay close attention to the sound of your voice and all of its subtle messages, and they will actively participate in discussions. You can best communicate with them by speaking clearly, asking questions, and using phrases like, â€Å"How does that sound to you?†Tactile or kinesthetic learners need to physically do something to understand it. Their motto is â€Å"Let me do it.† They trust their feelings and emotions about what theyà ¢â‚¬â„¢re learning and how you’re teaching it. They want to actually touch what they’re learning. They are the ones who will get up and help you with role-playing. You can best communicate with them by involving volunteers, allowing them to practice what they’re learning, and using phrases like, â€Å"How do you feel about that?† Most people use all three styles while they’re learning, and of course, this is logical since we all have five senses, barring any disabilities, but one style almost always is preferred. The big question is, â€Å"How do you, as the teacher, know which student has which learning style?† Without training in neuro-linguistics, it might be difficult, but conducting a short learning style assessment at the beginning of your class would benefit you and the students. This information is as valuable to the student as it is to you. There are several learning style assessments available online, some better than others. A good choice is the one at Ageless Learner. Allow Your Students to Experience What They’re Learning Experience can take many forms. Any activity that gets your students involved makes the learning experiential. This includes small group discussions, experiments, role playing, skits, building something at their table or desk, writing or drawing something specific – activity of any kind. Activities also keep people energized, especially activities that involve getting up and moving about. The other aspect of this principle is honoring the life experiences your students bring to the classroom. Be sure to tap into that wealth of wisdom whenever it’s appropriate. You’ll have to be a good timekeeper because people can talk for hours when asked for personal experiences, but the extra facilitation needed will be well worth the gems your students have to share. When the Student Is Ready, the Teacher Appears â€Å"When the student is ready, the teacher appears† is a Buddhist proverb packed with wisdom. No matter how hard a teacher tries, if the student isn’t ready to learn, chances are good he or she won’t. What does this mean for you as a teacher of adults? Luckily, your students are in your classroom because they want to be. They’ve already determined that the time is right. It’s your job to listen carefully for teaching moments and take advantage of them. When a student says or does something that triggers a topic on your agenda, be flexible and teach it right then. If that would wreak havoc on your schedule, which is often the case, teach a bit about it rather than saying flat out that they’ll have to wait until later in the program. By then, you may have lost their interest. Principle 5: Encourage Your Adult Students For most adults, being out of the classroom for even a few years can make going back to school intimidating. If they haven’t taken a class in decades, it’s understandable that they would have some degree of apprehension about what it will be like and how well they’ll do. It can be tough to be a rookie when you’ve been an expert in your field for many, many years. Nobody enjoys feeling foolish. Your job as a teacher of adult students includes being positive and encouraging. Patience helps too. Give your older students time to respond when you ask a question. They may need a few moments to consider their answer. Recognize the contributions they make, even when small. Give them words of encouragement whenever the opportunity arises. Most adults will rise to your expectations if you’re clear about them. A word of caution here. Being positive and encouraging is not the same as being condescending. Always remember that your students are adults. Speaking to them in the tone of voice you might use with a child is offensive, and the damage can be very difficult to overcome. Genuine encouragement from one person to another, regardless of age, is a wonderful point of human interaction. This is your challenge as a teacher of adults. Beyond teaching your subject, you have the opportunity to inspire confidence and passion in another human being. That kind of teaching changes lives.

Enron Corporation Position Essay Example | Topics and Well Written Essays - 1250 words

Enron Corporation Position - Essay Example The paper starts by giving a brief synapse of what Enron was and what the Enron Scandal was and why it caused the downfall of Enron. The paper will also discuss the ethical considerations of what Enron did to its investors and take a position on whether it was okay to sell stocks on what you believe will be the expected dividends. Enron was a company based in Houston and it specialised in commodities, energy and service corporation. The company was rocked by a scandal in 2001 and this was recorded as one of the biggest scandals of the century as a result of the fact that shareholders lost $74 billion and thousands of employees and investors lost their retirement accounts, and many employees lost their jobs (The ten worst corporate financial scandals of all time, nd). The main players in this particular scandal included the CEO Jeff Skilling and former CEO Ken Lay who kept huge debts off the balance sheet. In other words, the figure presented on the balance sheet revealed normal operations of the company which did not raise any suspicion among the investors. They also hoodwinked the investors by overstating their profits so as to attract many investors to pour in money into the company. However, things turned nasty when Sherron Watkins the internal whistle blower exposed them after witnessing high stock prices that fuelled external suspicions. Upon full investigation of the case, the main culprits were convicted of a criminal offence and the CEO was sentenced for 24 years and his partner in crime Lay died before his serving time. Andersen was also found guilty of fudging the company’s accounts. After the company was rocked by this scandal, it filed for bankruptcy. From an ethical perspective, it can be noted that what Enron did to its investors was not good especially to sell stocks on what you believe will be the expected dividends. The investors were not fully aware of the underhand dealings taking place behind

Financial pros and cons Essay Example | Topics and Well Written Essays - 1000 words

Financial pros and cons - Essay Example Capital Budgeting decisions of Debt Financing vis-a-vis Equity Financing and Capital Expenditure The essay analyses the financial viability of setting up a new production plant including the financing decisions and whether Superior Living Inc. should go for an IPO. Financial Analysis of Superior Living Inc. Profitability and solvency position of a company is a direct way to understand how well a company is performing. For the purpose of analyzing let us look at the following ratios and how the company has fared: Net profit margin: The Company has been earning a healthy net profit margin which has been constantly increasing from 10.66% in the year to 11.77% in the year 2003. Operating margin: The Company has a better operating margin in 2003 of 19.60% over the previous years. This indicates the company is very efficient in managing its operating expenses to generate revenue. Return on Capital Employed: The Company have earned handsomely for its investors as return so far on its capita l employed stands at approximately 25% which is far more than the cost of capital, assuming it to be at 10%. Debt Equity ratio: This ratio identifies the solvency of the firm by measuring the leverage position of a company. Higher the ratio the more leverage a company is and vice versa and hence higher financial risk. Superior Living Inc. has a very low debt equity ratio i.e. ... Pros and cons of going public Raising money by going public indicates accepting money from investors in exchange of ownership and control of the company without the obligation of paying back the money. The company as per its convenience benefits the investors by paying dividend from time to time. This sounds like easy money for the company but the flip side is that the ownership and control over the company would be foregone for the amount invested via equity financing. In the case of Superior Inc. the company is comfortably placed in terms of book debts. The debt equity ratio very low which means the company has not used debt to the extent it should have used. Generally the ideal debt equity ratio should be 1:2 but for Superior it’s around 1:40. Therefore, the prudent course of action for Superior Inc. is too raise capital by debt financing route which also brings in tax advantage as interest paid on debts is deductible from profits and dividend paid on equity cannot be deduc ted from profits. Debt financing does not affect the ownership structure of the company; hence the control remains with the owners of the company. Pros and cons of a capital expenditure Superior Living Inc. plans to start a new production plant as part of their expansion plans. To determine the financial viability of the this capital expenditure, various capital budgeting decision tools were used which includes payback period, net present value, internal rate of return and modified internal rate of return. The cost of project is $5,000,000 over a year and cash flow would start flowing in the company only from the second year. The expected cash inflow as a result of new production plant is expected to