Wednesday, November 27, 2019

Proposal MacArthur Foundation

Proposal MacArthur Foundation MacArthur Foundation Awards Prizes is a program that was founded by Catherine T. and John D. The title of the award is a MacArthur’s Fellowship Program which is also and more known as Genius Grant (John et al, 2008).Advertising We will write a custom proposal sample on Proposal: MacArthur Foundation specifically for you for only $16.05 $11/page Learn More Such a title was given because the nominees for these awards are considered genius. These awards require a short-listing of nearly forty candidates who are awarded prizes from the United States of America. However, a potential candidate must possess certain qualities of artistic production in order to feature in the list of nominees for the awards. Moreover, the piece of art one represents should be original and attract attention. The winners of the awards are those whose age ranges from eighteen years to eighty two years (John et al, 2008). Analytically, an individual nominee needs to possess great developmental capabilities, original creativity of ideas, educational values, objective behavior, and skills for promotion of social relationships apart from being a genius in order to qualify for the awards. The nominees for awards are not allowed to apply for the awards themselves. This means that the nomination body gives recommendations to a committee of a few people who are in charge of making decisions regarding the list of nominees. After the committee makes a decision, they pass the list to the Board of Directors as well as the President of the Awards. The nominees carefully look at the decision of the committee after receiving a phone call from the foundation. On the other hand, the criterion used to select the nominees is based on the creativity and originality of their pieces of work. One does not only have to consider the creativity of the piece of work but its originality as well. In other words, creativity is not only about the masterpiece as such, but the information the piece of work delivers to the audience. A potential nominee needs to exhibit characteristics of great social relationship and objective behavior in the piece of artwork presented in order to stand a chance of winning the award because the information displayed is important to the audience who touch or listen to the work. Therefore, the work should be socially acceptable to the society for its creator to be called a genius (Brockes, 2007). This means that it must present social values. For example, the movie â€Å"Think like a man, act like a woman† may not be considered the best movie but the impact it has on both men and women is tremendous. This makes a person who shoots the film a genius because he or she was able to affect the reasoning of a number of people. In summary, social and behavioral impact in any domain of work can be criteria for obtaining the status of the genius.Advertising Looking for proposal on art and design? Let's see if we can help you! Get your first paper with 15% OFF Learn More The educational value of a person can determine his or her level of creativity. The reason why a person is regarded as a genius due to his/her educational level is because education helps to sharpen individual’s wits (Harris, 2007). For example, the filmmakers win awards but information technology experts would be in a better position to create fiction. Therefore, an individual is considered a genius in case a person who lacks information and skills in the sphere of computers manages to create new ideas, in other words, the individual that lacked some necessary background information, nonetheless, invented, created or made something new. On the other hand, a potential candidate for the award can receive awards for the educational value in the domain of work generated; it may me mathematics since it passes knowledge. In summary, a domain of activity can be regarded as criterion for a genius creation depending on the educ ational level or value of the creator of the piece of artwork. A potential nominee needs to exhibit developmental capabilities in the artwork in order to be considered a genius in the award because there are works that lack tangibility but have great effects on the emotions of the audience. For example, a doctor who administers medication from a deadly disease that is known to have no cure can be considered a genius if a patient is healed after the drug administration. It happens so because the doctor invented a cure to the disease which had caused numerous deaths. This means that one should be considered a genius when their piece of work leads to a discovery. In conclusion, the program the MacArthur Foundation Awards Prizes is used to encourage people to be creative. It is also a good way of appreciating the efforts different individuals have put into their artistic works. A winner of the award is called a genius due to the creativity of the work done. This means that an individual nominee needs to possess great capabilities, original creativity of ideas, educational values, objective behavior, as well as skills for promotion of social relationships apart from being a genius in order to qualify for the awards.Advertising We will write a custom proposal sample on Proposal: MacArthur Foundation specifically for you for only $16.05 $11/page Learn More References Brockes, E. (2007). Its art. But is it porn? The Guardian online, 3 (7), 21-25. Harris, D. (2007). The Complete Guide to Writing Effective Award-Winning Grants: Step-By-Step Instructions. New York: Atlantic Publishing Company. John, D., Catherine, T. (2008). 30 Years of the John D. and Catherine T. New York: MacArthur Foundation.

Saturday, November 23, 2019

How to Answer the What is Your Current Salary Question in an Interview

How to Answer the What is Your Current Salary Question in an Interview It’s almost inevitable that in the course of your job search you will be asked for your salary history- either what you’re currently making, what you made in your previous position, or beyond. Employers want to know because they think it is a good gauge of your market value, and they want to get a sense of what salary level you might be expecting and/or hoping for. If you and the position you’re applying for are not in the same league, asking about salary can save you both a lot of time. That said, what if you’re being underpaid at your current position? What if you know you’re getting far less than market value, to say nothing of your actual value? Or what if you were hoping this new position would lead to a significant pay raise? Or it’s your dream job and you don’t care that you’d be taking a massive pay cut?Follow these guidelines and tactical options for when (and if) you should show your salary cards to your potential empl oyer.Think in terms of your worth, rather than your pay.There are situations in which divulging your salary information is basically like underbidding on yourself and setting the bar fairly low for negotiations. (And, in situations where you make dramatically more than the position would pay, you don’t want to scare anybody away from hiring you.) The trick with this strategy is to find out what the position is worth on the market and negotiate from that position.Address any major discrepancies with your current pay level in your cover letter. If the question comes up in your interview, simply deflect by saying you’ve researched the fair market value of the job in that region, and you’re sure that at the appropriate time, you would be able to settle a mutually appropriate figure. (Hint: you can’t say this unless you’re sure you would accept something in the fair market range.)It’s okay to deflect.If you’re keen not to give a number and the interviewer or HR department keeps pushing you, you can come up with a respectful way to say that you don’t believe your salary history should affect your prospective salary future at a different company- or in a different role or industry. Pivot again to describe the ways in which this job is different, and thus your salary comparison is not appropriate. If they’re all about the dollar amount and really getting pushy for no obvious reason, then ask yourself if this is the kind of company you really want to work for.Keep your cards close to your vest.Take caution, especially in the beginning! There’s no reason to preemptively disclose your salary history on your application. Put dashes in those boxes if they appear on any forms. If you’re asked for a resume and salary history, send just the resume. If they really want it/need it, they will ask, and you can proceed with your chosen strategy from there. If they do call you, that means they’re in terested in you. Score! You’ve just gotten one of their cards before showing your full hand!Of course, this strategy can easily backfire if no one calls you to get the extra information. Then you lose out on a potential interview. (Note: some civil service and other jobs require salary disclosure, but these have very rigid pay structures, so there’s much less risk to you. In these cases, divulge immediately.)Don’t stonewall.If you sense that you are really just frustrating your interviewer by not budging, maybe you can rethink. Try the tactic of honesty- the best policy. If you’re hesitating because you’re currently being woefully underpaid, try just being straightforward about that. This also opens up the conversation about why you think you’re being undervalued, which gives you another chance to sell your unique skills and expertise.The Bottom LineNo matter which strategy you go with, remember that the point is to explain your worth in ord er to get the salary you want. The only way to do this is by selling your skills and your particular blend of experience and expertise. Let your record stand as the biggest bargaining chip. You’re the best candidate at the fair market price you’re asking. It is possible to get what you want and what you deserve from the right company willing to realize your value.

Thursday, November 21, 2019

Financial Statement Presentation Essay Example | Topics and Well Written Essays - 5250 words

Financial Statement Presentation - Essay Example It is concluded that the IAS 1 has evolved over time in keeping the increasing sophistication, complexity and geographical spread of transactions. It broadly fulfills its objective as defined in the standard itself and the framework of IASB. Financial Statements is a set of summary of accounts of an enterprise, running a business, a commercial activity or other formal entity. In common parlance as understood in day to day communication financial statements are records of accounts (financial transactions). Each country has evolved its own conventions, rules and laws for preparation of financial statements. Over the years these have developed as a general set of standards and methods through which preparation of auditing financial statements takes place. These common set of standards have come to be known as GAAPs - Generally Accepted Accounting Principles. Thus in USA, US GAAP are used similarly in European / Asian / African countries their own GAAPs evolved and are used According to the prevalent law of each country. It is presumed that the accountants governed by any GAAP would give true and accurate and fair state of financial health of the enterprise under the circumstances, though considerable leeway exists for them to manipulate and present the accounts to suit their own good. Legal Aspects of Reporting USA the world's largest economy has an apex body US Securities and Exchange Commission (SEC) that publishes their motto in the form of mission, "To save investors, maintain precise and correct, well-defined, and fast markets to provide capital formation". This also states that there should be liquidity and transparency in any kind of US investment where investors should have the right to information in compliance with rules and regulations defined by the government. SEC puts set of information necessary for making right decision about purchase, sale or keeping the security from the results published by the company. Every year SEC prosecutes several companies for infractions of violations of laws of SEC most common of which are frauds related to accounting or misleading information about the securities or firms that releases them. SEC has a separate wing known as TheDivision of Corporation Finance. This division helps the SEC in discharging its role to keep an eye on mandatory disclosures of important significant information to the public / institutional investors. Enterprises are mandated to comply abide by set of laws (regulations) regarding disclosure that must be created at the time of initial offering and thereafter on a regular and periodic intervals. According to SEC, the Division works in tandem with the Chief Accountant, and it supervises the operations of accounting professions primarily the Financial Accounting Standards Board

Tuesday, November 19, 2019

The background to mobile payment technology and its implementation in Essay

The background to mobile payment technology and its implementation in HMV - Essay Example This gave the company a competitive edge for better customer satisfaction and attraction. HMV has also aimed to transform there way of payment and decided to provide there customer a better and more easy way for the online payment. This also adds to companies list of payments options. Shuffling through your pockets at the shop depart, you understand you’ve missing your wallet at house and all you have by method of payment are a small number of coppers and an previous bus ticket. You’re concerning to create your red-faced justification when you consider you as well have your mobile cell phone. All you require do is swipe it crossways a reader by the yet and right away your obtained will be accused to your credit card. Not pleased with restoring our MP3 player, landline, alarm clock, camera and mobile phone producers have at the present place their sights on replacing our wallet. Their latest creation of cell phones will connect to us to credit or debit bank account as fraction of a combined plan with mobile phone operators, credit card companies and banks. They forecasted this one-swipe disbursement technology will possibly put back cards and cash and formulate it probable to go shopping armed simply by a mobile phone. This way of paying is called the â€Å"pay-by-mobile† system previously functioning in Japan, where it is named as â€Å"o-saifu keitai† or can say the mobile wallet, and tests are underneath way in the US, Sweden and France. Business insiders forecast the latest technology could reach in the United Kingdome after one year. Pay-by-mobile established a boost up last few months, when the Groupe Speciale Mobile Association (GSMA), on behalf of mobile phone handlers, declared a structure for a worldwide standard for mobile cell phone purchase payments. This would permit users of networks like that the Orange to utilize their phones to build buys in the sameO2, Vodafone, in a method in the region of the

Sunday, November 17, 2019

A story About Ghost and Vampires Essay Example for Free

A story About Ghost and Vampires Essay Life of Pi is a story that is mainly focused on the aspect of survival. Being trapped together with Richard Parker, a Royal Bengal tiger, Pis odds seem to have been pulverized to nothing. Yet as the story progresses, Richard Parker begins to give Pl hope and a reason to survive. Pis will to survive returns; If he can survive while living together with a Bengal Tiger, he can survive anything. Although seeming a huge threat to Pl at first, Richard Parker unintentionally takes on the role of ghost and rotects Pl against the vampires that he faces, glvlng him moral support, and thus the will to survive. At the beginning of the story In part two, Pl Immediately faces his first vampire: the hyena. Being trapped on a lifeboat together with an Injured zebra, an orangutan and a hyena, It quickly becomes evident to Pl who stands at the top of the food chain. It does not take long before this vampire starts to rejuvenate Itself by feasting on Pls companions. Right when the hyena has set its gaze on Pi, Richard Parker (the ghost) omes into play and kills Pis first vampire, unintentionally protecting Pi in the process. Though scared at first, Pi learns to deal with Richard Parker over time and eventually even becomes blessed with his presence. It was Richard Parker who calmed me down. It is the irony of this story that the one who scared me witless to start with was the very same who brought me peace, purpose, I dare say even wholeness. Chapter 57, page 204. Richard Parker proves to be Pis motivator again and again throughout the story, especially when Pi encounters his next vampire: the Pacific Ocean. The saying; the ocean gives and takes, can be taken quite literarily in this book. The ocean has given Pi basic offerings, food and water mainly, but seeps the life force out of him simultaneously with its strong razor sharp winds, bone crushing waves, and scorching sun. The ocean tries to break Pis spirit several times. For example when Pi spots a cargo ship, resulting in the slightest of hopes only to have it all taken away again as the ship passes and does not notice him. Richard Parker is yet again the one thing that keeps Pi going by merely being there and giving Pi moral support In the arkest of times. l love you! The words burst out pure and unfettered, infinite. The feeling fluttered my chest. Truly I do. I love you Richard Parker. If I didnt have you now, I dont know what I would do. I dont think I would make It. No, I wouldnt. I would die of hopelessness. Dont give up, Richard Parker, dont give up. Ill get you to land, I promise, I promise! Chapter 86, Page 294. Even though Richard Parker does not know It, he yet again serves as a tremendous motivator to Pl. Last but not least Pl meets his last vampire in Its purest form: the algae Island. Pl becomes enchanted with the Island and It almost seems Ilke he falls under some sort of spell or glamour, luring him Inside with Its delicious edible algae and fresh drinking water. Pl decides to spend his nights on the Island Instead of the boat, yet Is scared that Richard Parker might attack him in his sleep. He therefore decides to sleep In the trees and makes the gruesome discovery that the island feeds on its inhabitants at night.

Thursday, November 14, 2019

Othello: How does it Measure Up? :: Othello essays

Othello: How does it Measure Up?  Ã‚        Ã‚  Ã‚   The inconsistent ranking by critics of the Bard of Avon’s tragic play Othello is the subject matter of this essay. Let’s study the possible causes of this problem.    The ranking of this famous play is not cut and dried, totally clarified and undebated. A. C. Bradley, in his book of literary criticism, Shakespearean Tragedy, describes the equivocal ranking which some critics give this play:    Or is there a justification for the fact – a fact it certainly is – that some readers, while acknowledging, of course, the immense power of Othello, and even admitting that it is dramatically perhaps Shakespeare’s greatest triumph, still regard it with a certain distaste, or, at any rate, hardly allow it a place in their minds beside Hamlet, King Lear and Macbeth? (173-74)    To many of the audience, Othello would appear to have a beauty about it which is hard to match – thus ranking the play high. Helen Gardner in â€Å"Othello: A Tragedy of Beauty and Fortune† touches on this beauty which enables this play to stand above the other tragedies of the Bard:    Among the tragedies of Shakespeare Othello is supreme in one quality: beauty. Much of its poetry, in imagery, perfection of phrase, and steadiness of rhythm, soaring yet firm, enchants the sensuous imagination. This kind of beauty Othello shares with Romeo and Juliet and Antony and Cleopatra; it is a corollary of the theme which it shares with them. But Othello is also remarkable for another kind of beauty. Except for the trivial scene with the clown, all is immediately relevant to the central issue; no scene requires critical justification. The play has a rare intellectual beauty, satisfying the desire of the imagination for order and harmony between the parts and the whole. Finally, the play has intense moral beauty. It makes an immediate appeal to the moral imagination, in its presentation in the figure of Desdemona of a love which does not alter ‘when it alteration finds’, but ‘bears it out even to the edge of doom’. (139)    The play is so quotable; consider Desdemona’s opening lines before the Council of Venice: â€Å"My noble father, / I do perceive here a divided duty,† or Othello’s last words: â€Å"Killing myself, to die upon a kiss.† Could the continuing reputation of Othello be attributed to the quotable â€Å"ultimate form† in which the Bard of Avon expressed his ideas?

Tuesday, November 12, 2019

Bead Bar Consultant Activity

The information technology aspect is a rapidly booming industry in the present influences almost all of the relevant activities in the social and economic fields. Because of this significant influence, most of the major social and economic industries rely much to the value of information and the effects of their exchange in the operations of each respective organization. However, because of the dependence of most economic and social transactions to the value of information, several risk issues are now being considered influential and significant to the information operations.Included in this aspect are the security threats imposed by (1) poorly written software or improperly configured systems, (2) computer viruses and worms, (3) external breaches, and (4) internal breaches. The first issue posts some significant threat because poorly written or configured software are more vulnerable to breach attack and viruses. Aside from this, poorly made softwares are also likely to become unsta ble and unreliable for actual use because of the negative characteristics that are likely to have been overlooked in the use of the system.Computer viruses and worms on the other hand tend to alter the normal processes in the information system causing significant leaks or instability in the operations. External and internal breaches are both threats on the literal means as they manifest unauthorized access to the informations though they vary only from the nature of the source. 2. Develop a security awareness-training plan for employees and franchisees. Knowing the significant threats to information security is an important aspect in the development of a security awareness plan for each organization.In general, the plan must be able to address each of the known threats including anticipation, development of a defense, and the prevention of future occurrences. The security awareness plan must classify mainly into two approaches namely the information protection and the physical secu rity plan. The first encompassed the protection of the information through firewalls and security system, the protection of the storage facilities, and the access of these informations. The physical security must encompassed the actual factors involve in the protection such as the people involved in the information and others.The security plan must mainly anticipate the threat through developing a protection against known breach and virus infection, scrutinize and identify the access, prevent any unauthorized connection, and report the possibilities of leaks and the cases of intrusion. Most importantly in the security plan is the constant update, regular development and the close monitoring of the protection system to ensure its effectiveness and reliability against the threats to the information system. 3.Which Internet-based data backup plans should be used? Part of the security plan, which the organization itself must consider critically, is the aspect of recovery and backup for any intrusion disaster to their information system. Included in this concern is the backup system of the information system and operation of the organization, which is significant for their recovery process. Some of the common approaches to address this need are establishing a security partner to act as a storage facility of the backup data of the organization.These security partners are commonly internet-based serving as the primary data backup plan of most organization for situation of critical intrusion, infection or breach. The development of the internet-based data backup plan must also be extensive as they are similarly critically to the security plan. Several issues and aspects must be satisfied in this data backup plan such as their protection in terms of alteration, tampering or intrusion, isolation, and the constant update of the backup solution.

Sunday, November 10, 2019

Agency Problem in SOEs of China

Agency problem is a worldwide problem wherever it is in western countries or China. It is inevitable during the development of the firm†s organization. As long as the interests between the owner and management are not aligned, the conflict is existed. Many western firms have established the rules and incentive systems to prevent â€Å"agency problem†. Somehow it works. We find it is not enough to overcome the problem. China has undergone a long period economic reform. During the reform, how to improve the SOEs performance is a hot focus. In the past, all the SOEs were controlled by the government, what the companies† doing were decided by the government, then on one side the executives did not take the full responsibility for the company; on the other side, the officer blamed the managers for the bad performance. There are no clear boundary on the space of freedom and responsibilities. (see Georges Enderle) The â€Å"agency problem† became even worse because of this phenomenon. Now China has tried a lot of methods to establish the modern organization of SOEs. The boundary between the government and the executives of SOEs has been clearly set. Some SOES have been published. However we find that the â€Å"agency problem† still exist more or less and the business ethics do be involved. And business ethics can play a virtually important role in dealing with the â€Å"agency problem during the economic reform. 2. Definition of † agency problem† Before we go further, we need to define what is agent and what is agency problem. Agent is the entity where Management represents owners; the agency relationship is the relationship between the principal and the agent, in which the agency acts for the principal. And what is agency problem? The agency problem results from the separation of management and the ownership of the firm. Agency problem can be clarified as the followings: Agents may consume excessive perks. Agents may shirk (not expend their best efforts). Agents may act in their best interest (instead of the interest of the principal). 3. Why does â€Å"Agency Problem† happen? On the very beginning, most firms were based on the family and their management was the members within the family, and there was not agency problem at all, because the management and ownership were aligned, no interest conflict. As the firms grow, it seems they need high management skills and the existed relationship within the management restricted the growth of the firms. Furthermore, it was much more difficult to raise new equity. Then they hired the professional managers to act as the owners. The agency problem is followed as this organization comes out. Due to the interest is not alignment between the managers and the owners, more or less the managers will pursuit their own profit instead of the owners, which we thought is unethical because of the space of freedom and responsibility are not matched. (see Georges Enderle) and we will discuss later. Although the goal of the firm is the maximization of shareholder†s wealth, in reality the agency problem may interfere with the implementation of this goal. The agency problem results from the separation of management and the ownership of the firm. For example, a firm maybe runs by the professional managers who have little or no ownership in the firm. Because of this separation of the decision-makers and owners, managers may make decisions that are not in line with the goal of maximization of shareholder wealth. They may approach work less energetically and attempt to benefit themselves in terms of salary and perquisites at the expense of shareholders. The cost of â€Å"Agency problem† is obvious. There are the monitoring costs, bonding costs and the residual loss. Monitoring costs are costs incurred by the principle to monitor the actions of the agents (Ex. Annual report to shareholders). Bonding costs are costs incurred by the agent to ensure they will act in the best interests of the principals (binding employment contract). The residual loss is the implicit cost when management and shareholders† interests cannot be aligned, even when bonding and monitoring costs are incurred. We will spend considerable time in monitoring managers and trying to align their interests with shareholders. Managers can be monitored by auditing financial statements and bonded by managers† compensation packages. The interests of managers and shareholders can be aligned by establishing management stock options, bonuses, and perquisites that are directly tired to how closely their decisions coincide with the interest of shareholders. The agency problem will persist unless an incentive structures set up that aligns the interests of managers and shareholders. In other words, what is good for shareholders must also be good for managers. If that is not the case, managers will make decisions in their best interest rather than maximizing shareholder wealth. 4. Does incentives or regulations eliminate the † Agency Problem†? A high level of compensation can result from a pay-for-performance system in which the executive has performed extremely well, or it can be the result of the agency problem, Where the executive is taking advantage of the system. Keep in mind that an executive compensation committee, appointed by the firm†s board of directors, generally recommends the CEO†s compensation package. Also keep in mind the board of directors, although elected by the shareholders, is generally nominated for election by the CEO and thus may be more sympathetic to the CEO†s desires than to the shareholders† best interests. This opens the door for † good old boy† networks to take care of their own and set up a compensation package that rewards, regardless of performance, without attempting to align managers† and shareholders† interests. So it is essential to establish a good controlling and monitoring system, but since it does not work so well or we have not find a perfect mechanical system to prevent it up to now. How should we do then? It is the ethical behavior that † doing the right thing†. A difficulty arises, however, in attempting to define â€Å"doing the right thing†. The problem is that each of us has his or her own set of values, which forms the basis for our personal judgments about what is the right thing to do. Every society adopts a set of rules or laws that prescribe what it believes to be † doing the right thing.† In a sense, we can think of laws as a set of rules that reflect the values of the society as a whole, as they have evolved. However, not all the â€Å"agency problem† has been against the law. As the individuals, they have a right to disagree about what constitutes â€Å"doing the right thing† and we will seldom venture beyond the basic notion that ethical conduct involves abiding by society†s rules. And some of the ethical dilemmas that have arisen with regard to the † agency problem†. These dilemmas generally arise when some individual behavior is ground to be at odds with the wishes of a large portion of the population, even though the behavior is not prohibited within law. Ethical dilemmas can therefore provide a catalyst for discussion. † Is ethics really relevant?† the answer is â€Å"Yes.† First, although business errors can be forgiven, ethical errors tend to end careers and terminate future opportunities. Because unethical behavior eliminates trust, and without trust businesses can not interact. Second, the most damaging event a business can experience is a loss of the public†s confidence in its ethical standards. 5. The agency problems in SOES do involve business ethics dimension. By the definition of the â€Å"agency problem† in the SOEs in China, the managers assigned or appointed are the agents, who manage the assets of the principal.(the country) They have a lot of authorities regarding personnel, funds and fixed assets etc., but they don†t have the corresponding responsibilities. The situation is a result of the mismatch of the space of freedom and responsibility as indicated by Georges Enderle. According to what Prof. Georges Enderle said, the space of freedom and responsibility should match with each other. On one hand, it is unfair for someone to be held responsible for something if he or she doesn†t have the freedom to make decision on it. On the other hand, it will be dangerous for someone to only enjoy the space of freedom without any or less constraints or responsibility. Sooner or later, he or she will abuse the authority to achieve for his or her own interests by hurting others. During the reform of the SOEs organization, the managers are granted with even more authorities for them to better manage their companies. But unfortunately, some managers undertake some unethical or even illegal activities to act against their companies and the country, which has caused a huge loss for our country. It was reported that total lost assets of the country amounted to about RMB 50 billion to 100 billion during the 1990†³s. The main reasons are that the managers of the SOES take advantages of their prevailed positions to gain personal interests for themselves. But they don†t really worry about the loss because they will not be responsible for that. Please read the following case: XXX Company is one of the largest SOES in Guizhou Province. Started from the 1980†³s, the company went into a very difficult situation, making a greater loss every year. Oct. 27, 1999, an extremely shocking news exploded the company: Guifang Jing, the 54-year old, female financial manager were involved in corruption of over RMB7 million. Very soon, she confessed that it was she that took advantage of her position and her professional knowledge to manipulate the financial statements and embezzle the company†s assets. At the beginning, she got involved in the bank accounts transaction directly by using as excuse that the cashier was not familiar with it. She hid 325 bank accounts in total, which amounted to RMB 57 billion in total. At the meantime, she played a lot of tricks in distorting the bank checks and gained RMB12 billion in total. After she embezzled so much money, she started to have an abnormal mentality. One time, when she found that the company still had some cash balance in the bank, she felt very sorry for not having taking out for herself†¦. One day when she was on the business trip, one financial clerk of the company found that one bank check of several ten thousand RMB was missing and he reported to the general manager and the latter reported to the police. Guifang Jing smelt that the police would start investigate very soon. After pondering over for several nights, she eventually recovered her conscience and decided to give herself to the police. Let†s analyze the case. It is true that she broke the law. But if her business ethics had been good enough, she would have not got involved in such illegal and unethical behavior. She was assigned and trusted by the shareholder to have the authority to manage the company assets, but she betrayed her company by abusing her space of freedom, especially when the company was in such a difficult situation. At that time she should have used her professional knowledge and cooperated with her colleagues to improve the financial performance of the company. Another reason was that there was no healthy corporate culture in the company. Employees were not encouraged and rewarded for making contributions to the company. So nobody really cared about the company. That kind of environment gave Guifang Jing opportunities to corrupt such a great amount of money. Upon knowing that the police would investigate the missing bank check, she decided to confess to the police to avoid more serious punishment. Actually, she was at the first stage of Konhlber-Inspired Typology of Ethical Dilemmas. If she had been in a higher stage, for instance, Stage 4 Conform to rules, laws, code, and conventions, or even higher, Stage 5 Follow principles based on respect for people and their rights, she would have not got involved to this crime. But we must be clear that the case of Guifang Jing was only one of the similar cases that happened in the SOEs in the country. Obviously the companies and the whole country need to take action to improve the business ethics, to foster a good and ethical business environment. So far, we have understood why the incentives and regulations cannot and will not solve the agency problems. The agency problems do involve business ethics dimension. Then there is a base for business ethics to play an important role in dealing with the agency problems. As common sense, human acquires knowledge through education, formal or informal. Without education (in a broad sense), people cannot understand the nature and the society. They won†t have their values developed in the process of learning and practice. Of course, they won†t act according to the social behavior orders and norms. Business ethics aims to discuss the business conduct/activities that raise moral issues and to improve â€Å"the ethical quality of decision-making process at all levels†: micro-, meso-, and macro-level (Enderle) through education.

Thursday, November 7, 2019

Musics effects on kids essays

Musics effects on kids essays Music artists can influence people in both good and bad ways through their music and videos but it is up to us to be influenced by it or not. They influence us by the clothes and jewelry they wear and how they carry themselves. Although what they do should not influence some people more than others I do not think they should be held responsible. They influence us by the clothes they wear because of what they have on when they are at award shows, in music videos, and other television programs. Some people are influenced by them because, like rappers, they have been through a lot of the same things you are going through and people appeal to that so when they are wearing certain clothes on television that they like they are more likely to go out and buy it because they think it is cool because someone rich and famous wore it. It is the same way with jewelry. Rappers used to wear a lot of gold, but now they wear platinum diamonds so now people are wearing more platinum and silver so that they can be like them. It goes on further than just clothes and jewelry though it goes to the cars they drive, the shoes they wear, and the houses they live in. They also influence our society by how they carry themselves. Part of how they carry themselves has a lot to do with how they dress and they possessions and things, but it also has to do with how they act and the places they go and what they do there. How they act influences society because if they act like a thug and someone who looks up to them sees that they might want to go out and be a thug and do some of the things that they did before they got famous. They see them on television throwing up gang signs and crip walking and doing things like that and they want to be apart of that because they think thats cool. They also influence society by where they go because if they go to certain clubs or shop certain places people start doing it to because they want to ...

Tuesday, November 5, 2019

Word Choice Faze vs. Phase - Proofeds Writing Tips

Word Choice Faze vs. Phase - Proofeds Writing Tips Word Choice: Faze vs. Phase Although the words faze and phase sound the same, they have different meanings and spellings. Learn more about the usage of these terms so that you can use them with confidence in your academic writing. Faze (Disturb or Unsettle) The verb faze means disturb or disconcert, such as in the sentence: The keynote speaker was fazed by the size of the audience. More common than the term faze is the adjective unfazed, which refers to the state of being calm or undaunted by a challenge: Unfazed by the high fences, the horse galloped to victory. Phase (A Stage in a Process) Phase is typically a noun meaning a period or a stage of development within a sequence of events. For example, one might talk of phase one in a new business plan. It is sometimes used in a pejorative manner to describe behavior or actions that are likely to be temporary. One might thus dismiss a teenager’s rebellious phase or describe a midlife crisis as just a phase. The word phase can also be used as a verb. In this case, it means gradually changing something, such as in the terms phasing in and phasing out. In this context, it would be used in a sentence like this: A new minimum size for farmed chickens will be phased in next year. Faze or Phase? Although they sound similar, to faze someone is to unsettle them, while a phase is a stage within a process or a set period of time. Both words could be used in a sentence like this: The pet owners were unfazed by the cat’s anxious phase. Remember that faze is spelled with a z, while phase is spelled with an s. If you would like more advice about academic writing, or to have a 500-word sample of your work checked for free, get in touch with Proofed today!

Sunday, November 3, 2019

Examine the market research required for the catering company as a new Lab Report

Examine the market research required for the catering company as a new start-up sole trader company - Lab Report Example Subramaniam and Coyne (2013) emphasised that due to the intensity of rivalry that start-ups face, market researches are very important for them in ensuring that they take the right actions towards their targeted market. In the current case, the start-up sole trader is a catering company with 5 workers and 1 owner. All workers have the same level of skill in driving, baking, cooking and making of table. The staff of the company are considered well motivated for the roles they are assigned. The business idea of the new start-up sole trader company is to organise parties for individuals, families and corporate bodies. This means that the company is broadly in the hospitality industry as its business orientation requires the provision of food service to clients (Davis, Eisenhardt and Bingham, 2009). This enterprise is considered appropriate for the sole trader given that the sole trader has personal experience in catering. There are various price strategies available for the sole trader. On the whole, pricing is based on the client size and the nature of service requested. This is because there are general services and prestige services. There is also a pricing formula where the larger the client size, the lower the price per head of service received. An ideal price for general service is $10 per head whiles that for prestige service is $15 per head. The sole trader liaises with external suppliers who use the route planning model of logistics as way of achieving efficien t logistics (Ciborra, 2006). The current market segment of the sole trader is corporate institutions, meaning there is a business to business (B2B) business model (Stewart and Cohen, 1994). The use of differentiation strategy is the company’s major strategic option. Whiles the sole trader is in the market also, constant research that helps them to come to terms with the changing dynamics of the market is also necessary

Friday, November 1, 2019

Talkshows in America (infuence they have on people) Essay

Talkshows in America (infuence they have on people) - Essay Example But then these shows or discussions could only be attended by a group of people living in the proximity of the places where those meetings or discussions were arranged. And contrary to what is today, earlier people from other parts of the world were not aware of such events or discussions, as there was no medium through which others could witness these events. But with the invention of Television and Radio, the world came closer, and people from all over the world could hear them on Radio or see them and hear them on Television. In the early twentieth century, Radio was the only medium of entertainment. According to the historian, Wayne Munson, the first ever Talk Show was broadcasted on Radio over WBZ in Springfield, Massachusetts in the year 1921. It was related with farming. Usually experts conducted such talks and the purpose of arranging these programs was for educating the audiences. The hosts of these shows took the audiences in altogether different world of knowledge and entertainment. One Mr. Alexander Woolcott on WOR in New York shared his experiences of the different kind of people he met and the books he read, on the radio. Thus, at that time, hosts were the people who spoke and the audiences listened to what they said. Audiences were passive listeners and there was no one to one interaction between the host and the audience. But in 1930's there was a sudden change and the audience became an active member of these shows. In a radio program hosted by Houston called Vox Populi, a recorded intervie w of a man on the street was broadcasted. Thus audiences were enthralled by this innovative idea of involving audiences in the program, which thereby increased the popularity of that program. Thus many other producers too were inspired by this idea and they too copied the same. This is how the audiences were also involved in the programs. It was for the first time in the program of Barry Gray on WMCA that a phone call was received while the program was on air. Thereafter, 'audience request lines' were developed and the novel idea of playing music on the request of audience was implemented. (Ellen Hume - Talk Show Culture) In the year 1948, after the invention of television, people began to enjoy the audiovisual programs. It was during this time that people could actually see their favorite celebrities talk on the shows. Talk show, was a program on television, wherein a certain group of people came together to discuss certain issues. It was conducted by a host and different people who were experts in that particular field were invited on the show. The host before conducting the show prepared the outline of the program keeping in mind the public interest. And he invited the experts who could speak on this topic very well and who could answer the questions of the spectators satisfactorily. The show was generally interactive. The concept of Talk Shows was an outcome of the fusion of news and entertainment. It was informative as well as entertaining. In a talk show the host asks questions to the experts and they answer those questions. Sometimes if a small group of experts are invited then there is a group discussion on certain topics. With every expert or participant giving his personal opinions, the spectators can make a study of that particular topic from different angels. The topics selected for Talk Shows are mostly sensitive or have great