Friday, December 27, 2019

Forensic in Pop Culture The CSI Effect Essay - 1935 Words

Introduction. With producing reality shows comes producing inaccuracies in portrayals in order to reach as many viewers and gain as high ratings as possible every week with each new episode. Every day life is boring, yet people tend to be attracted to the relatable shows that portray real life in eccentric ways – ways that they believe could be imitated by the average person. In many cases, these shows could remain harmless, as it is entertainment. No matter how crude or erroneous, it is just television. However, what happens when these sources of amusement actually start being damaging? Research has shown that crime shows like the ever popular CSI: Crime Scene Investigation have started becoming significantly detrimental to criminal†¦show more content†¦There is even an interactive exhibit known as â€Å"CSI: The Experience† in Orlando, Florida where people can pay to try out their investigative skills in crime scenes and laboratories similar to ones that real forensic specialists use. If you search through your television guide, you will see at least three of these shows on at the same time on different channels, many even having all-day marathons for you to enjoy on Saturday morning. Simon Cole and Rachel Dioso-Villa have analyzed that many of these fictitious programs attempt to make science â€Å"sexy,† which may be the reason why we are so attracted to them. The scientists look stylish at all times; wearing nice suits or dresses out on the field or in the laboratory, having normal work days, finding everything they need, having all of the state-of-the-art equipment and staff they need, and more importantly, they get everything done quickly and effectively. This glamorous, action-packed lifestyle gives a false sense of what the career itself actually entails, which includes giant lab coats, numerous court sessions, understaffed laboratories, no gun, and an abundance of paperwork. CSI: Reality. Not all primetime crime shows are created equal; some bend forensic realities at different degrees than others depending on sub-genre. According to HonShow MoreRelatedEssay about Jurors and Prosecution: Forensics in Pop Culture1264 Words   |  6 Pagespertaining to forensics in pop culture in the courtroom. This conversation has become a growing topic of interest over just the past few years since these crime shows first started appearing on the air. Forensics in Pop Culture. What exactly are these shows that are causing so much controversy in the criminal justice and forensic science fields? The more well known CSI: Crime Scene Investigation, reeling in almost 60 millions views a week (Cole Dioso-Villa 1), and all its spin offs including CSI: MiamiRead More_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 PagesExperimental Design 51 2.5 More on Observational Studies: Designing Surveys (Optional) 56 2.6 Interpreting and Communicating the Results of Statistical Analyses 61 Activity 2.1 Designing a Sampling Plan 63 Activity 2.2 An Experiment to Test for the Stroop Effect 64 Activity 2.3 McDonald’s and the Next 100 Billion Burgers 64 Activity 2.4 Video Games and Pain Management 65 Graphing Calculator Explorations 69 3 Graphical Methods for Describing Data 75 3.1 Displaying Categorical Data: Comparative Bar

Wednesday, December 18, 2019

Taking a Look at the Great Recession - 782 Words

Many economists have come to consider the 2008 financial crisis as the worst recession since the 1930’s Great Depression. The recession led to the total collapse of financial institutions, the withdrawal of banks by the national governments and the total collapse of stock markets across the world. The housing market also suffered in many areas, which resulted in prolonged unemployment, evictions and foreclosures. The crisis played a key role in the failure of significant businesses, the decline in the wealth of consumers, estimated in trillions of American dollars, a downturn in economic activities and the debt crisis of the European countries. On 9 August 2007, the Banque National de Paris (BNP), a French bank and financial company whose global headquarters are located in London, stopped withdrawals from three hedge funds citing a total evaporation of liquidity. This marked the beginning of the active phase of the crisis. In 2007, the bursting of the housing bubble of the U.S was at its peak. The bursting resulted in plummeting of security values tied to the U.S. real estate pricing. The complex interplay of policies that provided easier lending of loans, overpricing of sub-prime mortgages, on a theoretical basis that the prices would continue to increase, and inadequate capital holdings from insurance companies and banks to back their financial commitments contributed to the bursting of the bubble (Boatright, 2010). During 2008, securities suffered huge losses due toShow MoreRelatedThe World s Economy Was Devastated1732 Words   |  7 Pages Assignment 4 GEOG200 Bradley Bache 3129292 Submitted September 10, 2015 In 1929, the western world’s economy was devastated. With the crash of the United States Wall Street, the realm drove into what is now known as the â€Å"Great Recession†. Its neighbour to the north, Canada also felt these affects as unemployment and poverty grew. After a decade of despair, the massive rise in government spending for the Second World War and the reductions in taxes, the economies returned to prosperRead MoreEconomic Recession1290 Words   |  6 PagesEconomic Recession of 2007 William Mwangi Class title and section Professor’s name Due date of Assignment: 26th August 2011. William Mwangi Economic crisis Class Professor’s name 24th August, 2011. Economic Recession of 2007: What caused it and what were the after effects? Can we predict another major recession? Thesis Statement: Although the recession that dates back in 2007 is still long and deep and surely has shown some recovery, the potential that it will completelyRead MoreThe Great Recession Of 2008 Was A Worldwide Economic Downturn1673 Words   |  7 PagesThe Great Recession of 2008 was a worldwide economic downturn that impacted the global economy. Economists consider the economic decline as one of the most damaging recessions that occurred since the Great Depression of 1930’s. Several documentations and research regarding the recession have been made to make a better understanding of the economic downturn in 2008 as well as the global economy as a whole. The book used as reference in this essay, the Diary Of A Very Bad Year: Confessions of an AnonymousRead MoreA Companys Business Model1508 Words   |  7 Pages A company’s business model is a key factor in affecting a stock’s price especially in a recession. For example, companies that rely on consumer spend ing are at the mercy of their customer’s budget, which is often reduced in a recession; this translates into less on the bottom line, and therefore affects the business’s stock price. Industries such as the travel industry are heavily affected by economic downturn because consumers can relatively control how much they must travel and how much they goRead MoreGreat Depression And The Great Recession864 Words   |  4 PagesThe â€Å"Great Depression† and the â€Å"Great Recession† are two of the darkest times in American history. There is much debate about the cause of the Great Depression and how it differed from the cause of the Great Recession. Many people believe that the stock market crash of 1929 played a major role the Great Depression. On the other hand, the stock market crash of 2008 drove America into the Great Recession. The causes of stock market crashes are often unforeseen, but many have detectable indicators.Read MoreThe Great Depression in Cinderella Man Essay1592 Words   |  7 PagesThe Great Depression is seen as one of the most sorrowful and desolate times in the history of the United States. This time was the longest period of recession ever seen by this nation so far. It lasted from 1929 to 1939, over ten years of complete confusion and despondency within the people. Many Americans were affected greatly by this tragic time and sacrificed much of their lives so that they and their families may have the chance to live. This act of desperation can be seen throughout the movieRead MoreThe American Dream Is All About Stability1446 Words   |  6 Pagesoptimistic forecast from the realstate that the houses value were going to increase, many institutions started to make adjustments to take profit from this trend. In some cases, prime mortgages were allowed for subprime borrowers to take. This might look like a great idea to financial institutions because the house values were rising: if a people (who in the first pl ace couldn’t afford a house) stop paying their mortgages then the bank could sell the house for a value greater than the one at the moment ofRead MoreThe Role of Banks in Economic Recessions1644 Words   |  7 PagesThe role of banks in economic recessions 05.05.2009 In today’s wavering global economic context, the word `crisis` is omnipresent, taking the media by assault and infringing into the population’s daily life, although many countries haven’t even officially entered recession yet. Although recession is generally referred to as a negative Gross Domestic Product growth for a period of at least two consecutive quarters, other important economicRead MoreThe Great Recession Of The 2000 S Essay884 Words   |  4 PagesI. Introduction The Great Recession of the 2000’s is something many of us have been affected by in some way or form. From the real estate bubble to the acts of major firms on Wall Street-there were numerous factors that lead to this recession. The United States Government is to blame in large for what happened to the economy in the early part of the 2000’s. Major firms such as Merrill Lynch, Goldman Sachs, and AIG tried to used the failing economy as a huge paycheck to their CEO’s, payouts made partiallyRead MoreUnethical Behaviors And Roles Of The Top Financial1623 Words   |  7 Pagesit is the manner in which the top financial executives used greed and fraud to run the United Sates that led the country into a recession. The powerful people in economics and politics together set into the motion of housing market crash. Those activities had led the world into the worst economic great disturbance which is also leads to house market crash since the Great Depression. Data were co llected from books, and Internet sources by using the document analysis technique in order to test the hypothesis

Tuesday, December 10, 2019

Monitor Corporate Governance Activities for ABC - myassignmenthelp

Question: Discuss about theMonitor Corporate Governance Activities for ABC Learning. Answer: Introduction ABC learning was recognised was recognised for its excellence in providing early childhood educational services. The listing of this company was seen in Australian securities exchange with total market capitalisation of AUD $2.5 billion as on March 2006. The company faced sub-prime mortgage crisis due to debt repayments and signing off on the financial reports citing which needed to be casted as per previous years of the profits (McGrathNicol, 2017). Determination of whether organisation complied with the existing legal and accounting standards It has been discerned that the main accounting standards complied by ABC learning during the period of 2007-2008 was as per Corporations Act 2001. It has been further determined that the remuneration report was prepared as per section 300A. The presentation of the financial statements where done as per accounting standards AASB 101 (Asic.gov.au, 2017). Accessing of the audit reports, the methodologies applied and the recommendations The conduction of the audit has complied with the independence requirement of Corporations Act 2001. The financial report of A.B.C learning has been conducive in presenting a true and fair value of groups financial position as on 30th June 2007. However the main concern was arise due to the dramatic expansion which ultimately led to company being defunct. In addition to this, the company was pleaded guilty for failure to enclose and was fined with an amount of $ 1300. The consolidation of the financial report is also seen to comply with international financial reporting standards as per the disclosures made in Note 1. As per the recommendations made by the auditors on AASB 124 the remuneration disclosure has been contained in the directors report. As per the opinion of the auditors it has been discerned that the company is subject to audit and complied with the aforementioned accounting standards (Ferrierhodgson.com, 2017). Review of internal organisational practices along with corporate governance obligations The review of the internal organisational practices has been identified with the corporate governance statement. Some of the main obligations of corporate governance have been discerned with commitment for spending sufficient time in carrying out the necessary duties as a director, maintaining confidentiality with the legal requirements and ethical standards and continuous disclosure of coordinating with the ASX rules of the company. Some of the other form of internal organisational practices has been discerned in form of giving independent professional advice and regular performance review and evaluation. Identification of appropriate regulatory authority Some of the main forms of the regulatory body of the company have been identified with Regulation Impact Statement (RIS), which is responsible for providing financial information to assess and monitor the financial viability on a regular basis. This is also responsible for creating new aesthetic power for enabling independent audit of childcare provider and associating the concerns about financial viability. And the regulatory authority has been discerned with new National Quality Framework (NQF) for the purpose of early child care and education. This has been identified with a total funding of $ 1.9 million to help achieve the ongoing stability in childcare facilities. The various types of internal role have been assessed with external management consultants and the audit committee. Reviewing the content of internal financial reports, statutory returns and processes As per the review of the internal financial reports and statutory return has stated on the $ 1.78 billion loss in the financial year 2008, although the company was in the position of insolvency in the mid 2007 itself. The final drafts for the FY June 30, 2008 has resulted in total impairment charges of $1.168 billion, and a $364 million loss due to the disposal of the majority stakes in the US business in ABC. Performance indicator signifying compliance with corporate governance requirements Based on the findings of the performance indicator it has been discerned that the company is seen to comply with setting and formulation of appropriate strategy for the operations. The company has been further identified to review the entire system as per the compliance control and adherence with the accountability systems. It has been further identified to be associated with appropriate measures related to delegation of authority. Some of the other areas of the CG practices as per the performance report have been evident with providing formal policies for the appointment of the directors and contribute to the expectations. Revealing made in performance indicator of the company with regard to key result areas On 12 December 2006 ABC learning centre was identified as the largest childcare provider in US. In addition to this, with the acquisition made in U.K.s Busy Bees Group, Ltd, the companys expansionary measures were seen to be aggressive in outsourcing of childcare services and including employees from Australian Department of defence. On March 2008, the company announced major sponsors as Adelaide 36ers an further sold their 60% of childcare business to Morgan Stanley. Built on the performance indicators, the company voluntarily liquidated in the same year and was acquired by good start childcare in December 2009. It has been further seen that the company was rebranded as good start "Goodstart Early Learning", and registered charity owned by Brotherhood of St Laurence, Mission Australia, The Benevolent Society and Social Ventures Australia. Evaluating information technology indicators along with key result areas The key use of the information technology has been performed with distribution of dividend as per date paid, dividend per share and total dividend. The company has been further seen to protect the groups financial asset and adverse market fluctuations by hiring of a special personal for IT. The directors performance has been further seen to be structured in an orderly manner with the use of information technology. This is evident with including elements of remuneration and adherence of the same as per non-executive directors, the directors and Australia senior executives. Report plans needed to ensure compliance requirements are met within the deadline As per the compliance requirement, the companys income statement and interest expense has been classified in the balance sheet and the convertible preference shares were converted to ordinary shares within the same time period. The developers of the business took the initiative of purchasing Judas private limited with the diary getting worse pricing of not less than $ 26.8 million. This has been seen to be adjusted as per five-year CPI (Rlf.com, 2017) Description of main failures in compliance which have occurred and remedy for the same The company was identified as one of the largest publicly listed childcare service provider with market capitalisation of more than $ 4.1 billion. However, there was an unexpected drop of 42% profit in 2007 and inability to repay a debt amount of $ 1.8 billion which finally triggered the downfall of the company. The main remedy for this could have been taken with a more stringent policy for estimating the date for a particular financial year and improving the liquidity aspects such as keeping more current assets than current liabilities (Mondaq.com, 2017). Conclusion The report has been able to establish the fact that although ABC learning centre and adhered to the appropriate accounting standards and internal corporate governance structure, there has been several controversies associated to increasing debt servicing obligations and auditors failing to sign of its accounts. The main form of problem was seen with reliance on external capital supported equity ended investors and further leading to liquidity crisis. The CG practice of ABC learning centre has been further identified to review the entire system as per the compliance control and adherence with the accountability systems. References ABC Learning | ASIC - Australian Securities and Investments Commission. (2017).Asic.gov.au. Retrieved 9 November 2017, from https://asic.gov.au/about-asic/media-centre/key-matters/abc-learning/ ABC Learning Centres Limited - McGrathNicol. (2017).McGrathNicol. Retrieved 9 November 2017, from https://www.mcgrathnicol.com/case-studies/abc-learning-centres-limited/ Asic.gov.au. (2017).ABC Learning | ASIC - Australian Securities and Investments Commission. [online] Available at: https://asic.gov.au/about-asic/media-centre/key-matters/abc-learning/ [Accessed 9 Nov. 2017]. Easy as ABC Insolvency and the Relation-Back Day - Insolvency/Bankruptcy - Australia. (2017).Mondaq.com. Retrieved 9 November 2017, from https://www.mondaq.com/australia/x/251926/Insolvency+Bankruptcy/Easy+as+ABC+Insolvency+and+the+RelationBack+Day Ferrier Hodgson - ABC Learning Centres Limited. (2017).Ferrierhodgson.com. Retrieved 9 November 2017, from https://www.ferrierhodgson.com/au/creditors/abc-learning-centres-limited Third Circuit Affirms Chapter 15 Recognition of Australian Liquidation Proceeding as Foreign Main Proceeding - Richards, Layton Finger - Delaware Law Firm. (2017).Rlf.com. Retrieved 9 November 2017, from https://www.rlf.com/5402

Tuesday, December 3, 2019

Making it Big Case Study

Table of Contents Introduction Identification of key elements of MIB strategy Identification of the strategies MIB uses Evidences that the strategy is or is not working Conclusion Works Cited Introduction Building strategies is necessary for efficient running of any business Company. The kind of strategy built and implemented determines the level of progress within the Company. Strategies are usually built based on various conditions which may include; the current status of the Company, the Company’s policies and ability to focus ahead based on competitive moves and business approaches.Advertising We will write a custom essay sample on Making it Big Case Study specifically for you for only $16.05 $11/page Learn More The company’s management must have action plan that enables them have competitive advantage over other related companies within the industry. This case study focuses on the strategies that Make It Big Company took for the pu rposes of increasing the Company’s market share and stabilizing its financial base. The effects and implications of the chosen strategies are explored based on business and marketing principles (Winn 185-196). Identification of key elements of MIB strategy One of Make It Big (MIB) Company’s strategies used to bring back customers is the use of mail order roster and increased use of internet where the Company’s product portfolio is posted. The company also embarked on printing more catalogs and went into the business of exchanging mailing lists with other companies. All the strategies applied by MIB focused on growth of the business, attracting more buyers, achieving specific performance targets and also for the purposes of effective competition within the market. Strategies used in the initial stages were based on independent decision making. This was done by MIB CEO. She never made any consultations because she believed in her own leadership capabilities (Winn 185). MIB focused on operations-driven activities which enabled achievement of its goal. These activities included means through which quality of products could be improved, reinforcement of customer service relations and the processes undertaken on resource management (Winn 185-190). The selection of the management team in MIB was basically based on experience and educational background (Winn 194). Identification of the strategies MIB uses Make It Big Company used the idea of partnership, mail order concept and catalogs in accomplishing its goals. The Company’s targets were the fat and oversize women within the society. This shifted their focus to making clothes that could serve the interests of fat people besides making them attractive and more acceptable within the community. The company’s strategy included some political aspect that fought against discrimination based on people’s body size. The strategy focused on improving the self-esteem of the oversize wo men by providing them with comfortable type of clothing.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The company also focused on using skilled employees, for example the CEO employed one of her friend who was very experienced and skilled in sewing. The company utilized the abilities of expert seamstresses through whom they hired more other employees to work for the company. These services offered by other workers provided sufficient work force to the benefit of MIB (Winn 189-190). Make It Big (MIB) Company embarked on manufacturing clothing on order, this was based on different seasonal colors which provided customers with variety of choices. On the other hand the building financial base for MIB depended on personal savings and credit obtained from banks; this enhanced its financial capability. MIB had the initiative of using the mail order in expanding the company’s business ope rations. The advertising strategy used at the start of operations was through the word of mouth and posters which were placed along the road, this ensured the expansion of the mailing list, and hence led to improvement of sales (Winn 190). Frequent attendances on trade shows by the CEO gave the company ability to up-date its manufacturing services and locate new product designs. This made it possible for MIB to obtain materials from different sources based on consumer desires and needs. The Company targeted main categories of wear starting from career, sports, casual amongst other cloth’s categories. MIB sold most of its merchandise through catalogues, sales from website was majorly through the same loyal customers (Winn 192-193). MIB up-graded it’s advertising strategy to incorporate radio and newspaper. They also targeted house parties which helped in improving the company’s sales. In order to counter the high rise of independent retailers within the industry, they resorted into consolidation and strict branding of their products; this idea gave clear identification as well as distinction from other products within the market. Other than branding they focused on regulating prices of their goods and improving the nature of service delivery they rendered to consumers. However, other competitors had invested in the new technology of using computers to give and keep detailed information on customers which assisted in easy mailing since consumers were contacted directly (Winn 192). Personal information on loyal customers was easily accessed and this also created channels on how to reach bulky customers. Incorporation of team building and communication programs were good strategies that helped employees within the company to work as a team, hence driving towards common goal. The good relation amongst employees and between MIB and other business partners favored the Company in terms of cash flow. This contributed towards easy marshalling of res ources and the installation of efficient communication and operating system that made it easier for the management to carry out their activities with lots of ease (Winn 192).Advertising We will write a custom essay sample on Making it Big Case Study specifically for you for only $16.05 $11/page Learn More Evidences that the strategy is or is not working The strategy of beefing up information at the website did not materialize since it only attracted people who never turned up to purchase any of the advertised items (Winn 185). The Company’s CEO commented that she couldn’t manage improving the Company’s performance on her own despite many trials. She needed the help of other advisors from the Company ranks. The CEO realized the necessity of bringing on board fresh blood that could help in making the Company’s prime decisions. MIB proves not to be bottom- line performer since the CEO considered strategy management as secondary to other issues. These strategies at some point were realized not to be in agreement with the Company’s vision (Winn 193). Make It Big had difficulty in predicting what would sell at specific season of the year (Winn 190). The issue of using partnership failed to work at the start since both the partners had conflicting interests and goals, this made Cynthia to buy back her partners shares to allow her be in full control of MIB businesses (Winn 191). The apparel industry experienced great competition from various manufacturers who were interested in making super size range of clothing, most of the Companies operated as joint ventures. This gave a big challenge to MIB since it operated solely under one manager and later recruited other managers who were required to focus only on production processes. The other duties of financial management and overall sales were under the supervision of the CEO. The CEO became ignorant of her main duty of making and creating strategic plans f or the benefit of MIB Company (Winn 193). However, her abilities on financial management assisted the company to carefully monitor cash-flow hence keeping the company’s resources in good check. MIB strategy of recruiting committed and qualified employees ensured efficient implementation of strategies, good management and profitable progress within the company. The managers had the ability of undertaking multiple tasks and responsibilities which at times prove costly on production process due to fatigue. The other contribution of the new management was the up-dating of the computer network which made it easier to operate with customers. The accounting system also realized improvement through the computer system hence made it easier for the management of resources (Winn 195-196).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Other evidence of strategy not working was the kind of indecision the CEO found herself in. She placed goal achievement as one of the Company’s priority but lacked means on how to achieve the targeted goals. The CEO feared investing in new ventures due to lack of enough skilled manpower that could compete favorably within the markets competitive environment. There was need for recruiting experienced management team that could help in managing risks within the Company. MIB experienced low sales and departure of top managers like the general manager. This was because MIB had difficulty in maintaining and retaining right employees due to poor relations from the CEO, she lacked enough qualifications that could enhance her confidence in such a high position. The CEO reached a point where she was unable to predict the requirements for the Company after expansion. Inability to direct organizational change was very evident; the Company failed to identify general manager with enough e xperience and qualifications who could drive changes through appropriate actions in various sectors like in mailing services (Winn 195). This is because MIB operated on the same principles the Company used when it was starting, the same operating principles could not work any further. For MIB to realize growth and expansion it required adept leadership and different skill from that set when it was starting. This included recruiting new CEO and overhauling the whole management team (Winn 196). Conclusion The management team should have the capability of matching the organization’s structure to its strategies which allows for efficient execution of the Company’s capabilities and competencies. It is necessary for a firm to have a strong resource base which helps in enhancing its capabilities to deliver quality services to consumers as well as competing favorably within the market. Works Cited Winn, Joan. Making It Big case study. Entrepreneurship theory and practice. CA: Baylor University Press, 2004. 185-196. Print. This essay on Making it Big Case Study was written and submitted by user Fernanda Leon to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.