Saturday, November 30, 2019
Life from Above free essay sample
The first tree I ever climbed was a lamppost on Henry Street. I was small and the few trees that lined those Brooklyn streets were too wide for me to wrap my arms around. I shimmied up to the top and held myself there, arms shaking and mouth gaping at all that I could see. The streets looked so wide and my mother so small as she begged me to come down. From then on, I climbed ceaselessly. I never swung on the swing sets, but rather worked my way up their black poles and observed the playground from above. My childhood passed in a jungle of urban treetops from which I observed life below, birds above, and relished the freedom of being surrounded by nothing but air. Eventually I grew too old to climb the lampposts and trees of my neighborhood, but in many ways I remained living among those concrete treetops. We will write a custom essay sample on Life from Above or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I often felt that my childhood was spent observing, from a height, what other children did. My mother, an eccentric to say the least, built our home in an industrial loft where nearly every surface was a canvas. Only the kitchen table was not to be defiled, though even it had a poem or two etched into its surface. It was our treehouse. In it, life was an adventure. School for us meant the perusal of our dreams as they appeared to us that day. On the days I wanted to be a writer, I spent my time around the house poring over John Keats, tussling with Homer. On days when I wanted to be a doctor, I donned my lab coat and plucked my sisters splinters. I never had mathematician days. The entirety of the world was in my palms, and I eagerly grasped it. From our height we watched the happenings far below: children boarding school buses, block parties we didnt attend, and holidays we never celebrated. As glorious as life in the treehouse was, it was not without thunderstorms, booming with the sound of arguing parents. It was not without earthquakes when late child support and unpaid bills threatened to destroy our home. It was not without the heavy rainstorms of a sadness I couldnt understand. However ravaged we were by the weather of life, we were free. But no treehouse can withstand a man with a chainsaw. Through the roaring zip of the saw, we watched our treehouse come crashing down, and I felt the ground for the first time. The ground then manifested itself as School. I donned a uniform, got a nickname, and started doing math when I was told. Like a sailor at sea for months, I found that the ground was unfriendly to me. My lungs ached as they adjusted to the strange new altitude. I often found myself out of breath, gasping for some shred of familiarity. Now my feet have adjusted, and my lungs have adapted. But even as I make my way across the ground, I carry with me what I learned in the trees, and I wonder if there is another destiny for those who crave life from above, or those who are tired of running out of breath down here.
Tuesday, November 26, 2019
Expansion of U.S. Companies in Africa Essays
Expansion of U.S. Companies in Africa Essays Expansion of U.S. Companies in Africa Essay Expansion of U.S. Companies in Africa Essay Expansion of U.S. Companies Introduction Over the years, America has developed various companies in some African countries. The companies are aimed at increasing the economy in the U.S. while strengthening its resources overseas and enhancing international relations. Some of the companies in Africa have influenced politics in America and the related countries to allow smooth business operations. If a countryââ¬â¢s economy is strong, it increases its wealth and promotes good business relations with the outside world. Expansion of companies shows the growth of a business. This leads to opportunities that benefit all people and countries associated with the company. Expansion mainly increases employment opportunities, which in turn improves the development of a nation. Expansion of a company is usually triggered by the need to increase market and maximize profits. However, it has various effects on the development and economy of a country. The issues, effects and significance of expansion are an important topic for discussi on especially in the growing world economy. Several U.S. companies have expanded in Africa and the implication of their growth on stocks, government policies, employment and the development of America. Issues Recently, the U.S. developed an interest of conducting business in some African countries. These interests were triggered by factors such as the nature of land, good climate and availability of resources in the countries. However, the establishment of Chinese companies in Africa has hindered efficient expansion by the U.S. As a result, some companies have grown in Africa but have faced many barriers during expansion. Despite the barriers, some companies have taken advantage of the loopholes to increase the economy. Examples of these companies that have expanded immensely are, Coca Cola Company, General Motors, Isuzu Motors Limited, Ford Motors and Cummins Incorporation. The growth of these companies has affected America and Africa in many ways. The need for expansion of companies in Africa by America was fueled by the rise in Chinaââ¬â¢s economy. It led to an urge by American companies to compete for market with China. The market opportunities in Africa influenced the struggle between China and America to dominate business. Cummins Incorporation, which is an American company that deals with the supply of trucks and engines, has taken drastic measures of increasing sales of its products in Africa, to restore stiff competition between America and China. Last year, it was noted that China had gained much more popularity in South Africa from the design and production of truck engines and equipment. Another measure that America has taken is generated from a company like Caterpillar Incorporation, which deals with making construction products. The company has invested funds used to train personnel and build infrastructure to accommodate its workers in countries like Mozambique and Zambia. General Electric Company, which deals with the supply and manufacture of aircrafts, has developed an aircraft-leasing administrative center in Ghana as another measure. The administrative centre serves as the companyââ¬â¢s headquarters for the west and central part of Africa. All these measures were aimed at improving the stock value and economy of the U.S. Analysis The measures outlined above show the main reason behind the expansion of American companies in Africa. It is evident that the Chinese rapid growth in economy affected the market of many products in the U.S. China developed companies that shared the same goals as American firms, but both countries were competing for market and exploration of resources in Africa. China discovered opportunities in Africa before the U.S. and utilized them to strengthen the economy. The strong economy in China influenced an increase of stock value by the U.S. in order to bridge the gap in the economy between the two countries. However, increasing the stock value has negative effects on market. This forced the U.S to develop interests in Africa to maintain balance. Worldwide statistics show the interests of other continents in Africa are extremely high. This is because Africa is the largest source of market and it is developing rapidly in terms of resources and infrastructure. There are many changes being made in Africa currently that will make it a market hub. Improvement of infrastructure has influenced the growth and expansion of many companies in various countries. In South Africa and Nigeria, for example, the development of sophisticated buildings has led to the expansion of existing restaurants and hotels. A restaurant such as KFC has led to imports of poultry products by the U.S to Africa. Good climate, agriculture and tourist attractions in countries like Kenya and Ethiopia have played a major role in expansion of U.S companies. This is because these factors are influential in determining the location of a company. The healthy climate gives favorable working conditions and China has focused most of its development there by building large telecommunications networks in Ethiopia. America was aimed at expanding more in Asian countries that lacked these resources. Upon the discovery of Africaââ¬â¢s potential, America reevaluated its plans and focused more towards expansion in Africa. China has also developed equipment for processing products electronically in Africa. Products such as pharmaceuticals and processed perishables have gained a vast market in Africa, therefore, increasing Chinaââ¬â¢s economy. By producing and marketing these products in Africa, China incurs minimal costs of production while creating opportunities for Africans such as employment and training. China is also a leading developer of mobile phone networks through Huawei Technologies Company. This is due to the development programs established in Africa that provide the Chinese with contracts for installing networks in various areas. However, America has not taken advantage of these opportunities, and this has not fully exploited its potential in developing technology. Some American government policies affect relations between the U.S and Africa. Since most African countries have one-party governments, establishing strong business relationships with America is difficult. However, the Chinese government has less strict policies, which facilitate smooth interactions with Africa. The African growth and opportunity act of 2000 of America allows trading between African countries that are viewed to be developing politically, socially and economically. This act affected the development of some companies in remote countries that have good land and favorable climate. However, China had no such policies. In fact, the state council of china encouraged mutual gain when conducting business in Africa with the aim of promoting social progress. American companies have faced some challenges in expanding in Africa. The development of infrastructure in the past years has led to congestion in countries like Nigeria. This has made it difficult to arrive on time in various working places due to the perils of traffic. As a result, it has forced American companies to construct on the outskirts of Nigeria, which also poses a challenge for workers in a company in terms of transport. This challenge is faced because America delayed in establishing its companies in Africa due to the lack of knowledge and confidence in the continent. This enabled China to take time to develop appropriately especially with the availability of oil in Nigeria. Conclusion According to the article, it is evident that America is struggling maintain competition with China. China has exploited Africa, and as a result, stocks in America are reducing in value. This has forced many leading companies in America to expand in Africa because of its rapid growth and available resources. The delay in discovering potential market in Africa by the U.S. is highlighted as a threat to the economy of America. Currently, the U.S. is struggling to keep up with China economically, and this has led to the rise of companies in Africa. Kindly find the article at: http://online.wsj.com/article/SB10001424052748703841904576257233342891732.html
Friday, November 22, 2019
Business Case Development of Entrepreneurship
The study is related to the development of entrepreneurship in Singapore. The case study illustrates the development of the pany Tranium Academy, a training providing enterprise by an entrepreneur named Eugene. Entrepreneurship is defined as the development and starting business ventures of its own. The concept of entrepreneurship is itself a challenging task where entrepreneurs must possess the characteristics of perseverance. Entrepreneurs while starting a new business should accept some negative attributes of loss of money, risk taking, suffering setbacks while embarking the journey of starting a new venture. In this context, the use of creativity in the minds of Eugene is the key cause of success of the business started by him in the market. There goes a concept that creativity and money do not correlate with each other. When entrepreneurs face various limitations then they start to b e more creative in nature. The study focuses on the motivation of Eugene while starting his own venture along with the market opportunities that have supported him to start the business. Apart from that, the business model used by Eugene along with its feasibility in the market, sustainability, gaps and growth of Tranium Academy will also be discussed in the report. The case study illustrates that Eugene Seah has faced countless setbacks while thriving his business of training in the Singapore market. Previously Eugene is associated in working with finance sector. At that sector, he used to take care of the strategic marketing and munications project over many years. Apart from that, he has attended many certification programs for training and assessment and has been associated with many seminars and workshops related to training and development in the Singaporean market (Chatterji et al. 2014). From his very childhood days, Eugene is attracted towards public speaking, hosting various events, enhancing personal skills, etc. It is a cause of motivation of starting his own venture in the future. Apart from that, during his job life in the financial sector, he has gained many experiences in the field of training, development, personal grooming, public speaking, skill development programs, etc. that has been responsible for the source of motivation of developing his career in this sector. In his job life, he has gained opportunity to work with many trainers in different training programs, seminars and workshops that has enhanced his capabilities and level of expertise in the areas of training and personal development (Galindo and Mà ©ndez 2014). Beside this, there is a transition phase in the career where he has to choose for entrepreneurship and a career with no opportunities for growth. Pursuing with same position over years has no point of growth. However, there are many risks related to entrepreneurship that the entrepreneurs must understand while proceeding with the creative idea of venturing own business (Drucker 2014). Ample amount of research about the sector that the entrepreneur wants to start the business is essential. Entrepreneurship also includes the concept of both macro environment analysis and micro environment analysis. Macro environment analysis includes the external condition of the market relating to profitability, investment, scope of the business, growth of the business, nature of petition, number of petitors, dearth of technology usage, current trends of business model used in the industry by the major players, searching potential areas of growth and business, and many more (Sahut and Peris-Ortiz 2014). While having ideas of these attributes, entrepreneur will find motivation in exploring the marketing opportunities. On the contrary, micro environment analysis of the pany includes resources, skills and the financial condition that the entrepreneur is available with. It will help in exploring the opportunities that Eugene will implement while expanding the business opportunities. It is mentioned in the case study that Eugene has conducted enough market research on the genre of business he will be operating in. The different types of opportunities in the Singapore market regarding the training and personal development of the personnel is one of the opportunities for growth of the business venture. Market research of the training and development sector at that time was occupied with major players and their way of providing service is different from that of the other panies (Letaifa and Rabeau 2013). In this context, both the macro environment analysis and micro environment analysis of the market i.e. training and developmental market is important. Apart from that, the motivation for an entrepreneur is the zeal of starting his own venture in the field of expertise he has gained in the due course of time. The training and development of the professionals of the Singapore has been considered as the market opportunities in the business. The expertise that the entre preneur has gained in his career life has immense importance while thriving the business in the Singapore market (Binnui and Cowling 2016). It can be said that from the very beginning training and development is considered as the important factor for the growth of every panies in all parts of the world. Training, personal development, career development, enhancement of skills and expertise are always important not only for growth of career of the individuals but also for the growth of the panies in terms of employee relations and productivity of them in their respective fields (Shaw and de Bruin 2013). Apart from the corporate panies, the field is also important in different schools and personal career counseling activities. Different high level executives of Singapore believe of enhancement of their skills and expertise once in 3 to 5 years for their personal development in their profession they are associated with. Research of Eugene illustrates the fact that the major players of this industry are focused on only one activity with limited amount of resources and capabilities. Another opportunity for the growth of the b usiness is the growth of the non academic tuitions for personal development (Thà ©baud 2015). The business model that is being initially used in Tranium Academy is partnership business of Eugene and one or more partners in the future years. As Eugene does not have sufficient amount of resources, hence he has joined hand with one event management pany of one of his university friend. Initially partnership was agreed by both the parties and the business was started. There was no such specific business model used in Tranium Academy for capturing clients. All things are done manually by Eugene and other members of the business. Lack of use of technology in the business is the reason of very slow growth of the pany as it was been projected earlier (Weber and Tarba 2016). There are many rejections and encounters that Eugene has to face while he is busy in tapping clients from the market. The positive side of Eugene in developing and flourishing his venture is capturing and grabbing knowledge from different sources and attending different seminars and workshops. The idea that Eugene captured from those areas were implemented by him in the business. However, there are many weaknesses in this business model. The weaknesses are discussed above. But the positive side is only the expertise and knowledge gained by the entrepreneur itself to survive the business in the market of Singapore. Despite of having weaknesses, the entrepreneur has the ability to identify the potential business model relevant for the new venture of training and personal development. Being digital is the way identified by Eugene to sustain in the market. The potential business model that will help the entrepreneur to sustain in the petitive world is using technologies that use digital platforms such as websites, social media channels, etc. for tapping more clients for generating revenue for the pany (?ledzik 2013). The pany by using digital platforms will not only increase the profitability but also it will increase the brand image, reputation and popularity of the pany in the market of Singapore. Hence, creating innovative digital content for the website is th e chosen potential business model for the pany to sustain the petition in the market. Entrepreneurship is related to feasibility of the business venture in the market. An entrepreneur has to keep many things in his mind regarding the factors that may influence the business in the market. Mainly external factors are the point of concern that may cause a stoppage in the progress of the business. The external factor includes governmental rules, regulations, laws, trade regulations, safe petition, etc. Internal factors of feasibility of entrepreneurship illustrate the partnership ability of the business in the different operational perspective for the development and growth of the business (Maritz and Donovan 2015). The different perspectives that are mentioned in the case study points out the facts that the business is feasible enough to maintain its business in the market. The case study regarding entrepreneurship illustrates various scopes and opportunities that can cause both favor and unfavor the conditions for growth. The different conditions that are explained in t he case study suggest that the business is feasible in the market of Singapore (Lindberg et al. 2014). Feasibility of the business is the main point of consideration of every entrepreneur across different parts of the world. A list of things regarding the establishment of business in the particular sector is responsible for the positive growth of the venture in the market. The study describes about the opportunities of training and development in the market of Singapore. Apart from that, the condition of the market those are not favorable for the establishment and growth of the business is also mentioned clearly (Mro?ewski and Kratzer 2016). However, it can be said that besides of having many less favorable conditions for business growth, it can be said that the entrepreneur can utilize the available market opportunities in a way to increase the profitability of his business. Hence, it can be concluded that the business is feasible in Singapore market. Control over a business is an important factor in terms of entrepreneurship. It can be said that the most of the businesses across the world is either established in sole proprietorship or in a partnership. Controls of business in both these types of businesses are different from one another. Control is necessary for the smooth flow of all business operations along with the profitability maintenance. It can be said that it is due to the nature of control of business that will determine the goals, objectives, profitability, way of conducting business, grip over the business and its action during the time of less favorable conditions in the market (Hoskinson and Kuratko 2015). The nature of control also determines the different types of actions that will be taken by the business while dealing with customers in different aspects. In this perspective, it can be said that the control of a sole proprietor business is different. Entrepreneur has to take care of each and every details of the business of its own. It can be said that the responsibility is huge over the field of control in sole proprietorship business. In partnership business, the responsibilities, control and other duties are divided into partners involved in the business. Decisions are taken in a joint way. It has both positive and negative aspects. Tranium Academy initially does not face any issues while controlling activities in the business (Patton 2013). However, due to passage of time, there are disputes that have been arisen in the partnership business of Eugene. Starting a new business venture or the concept of entrepreneurship is characterized by potential growth and gaps that will help the entrepreneur in forming business strategies that will help the venture to sustain in the petitive business world. The gaps in the market are identified by the entrepreneur in the market so that they can get prepared about the different kinds of unexpected situations in the market that can hamper the profitability as well as the smooth flow of business operations in the market. In this context, potential gaps are identified by the entrepreneur himself that can affect the growth of Tranium Academy in the Singapore market (Padma and Sridhar 2016). The weaker areas of the pany are the gaps that are responsible for creation of the negative catalytic affect in the business. Different types of positive actions and activities of the petitors in the market are also considered as the factors of growth in the pany. The case study reflects about different favorable factors of growth for flourishing the training academy of Eugene in the market. It is the responsibility of the entrepreneurs and the partners involved in the business to detect and identify the favorable factors for growth as well as the negative factors that inhibits the growth of the pany in the market. In this perspective, it can be said that the entrepreneur i.e. Eugene has a huge level of expertise and skills in the field of training and personal development (Soares et al. 2013). Apart from that, the different kinds of degrees that Eugene possesses along with certifications courses that helps in the growth of Tranium Academy in the market. The market research conducted by the pany is also responsible for identification of the different aspects of growth regarding the change of business model of the pany along with the increase of profitability of the business in the long term (Ceptureanu 2015). The concept of sustainability is a vital aspect that helps business in creating a positive impact on the minds of the target customers in the target market i.e. Singapore market. Nowadays, sustainable approaches are adopted by panies to create positive impact in the minds of the people. Sustainability is the area which is focused not only by the pany itself but also by the consumers (Mok 2015). If businesses in the petitive market do not have sustainability approaches or business operations, then they are not be able to sustain in the market for long term. In this perspective, sustainable approach of implementing digital approaches and technologies will help Tranium Academy while creating a positive impression in the minds of their target customers. Going digital and implementation of technology while maintaining sustainability are the best methods or approaches, that the business can implement in order to increase the profitability and feasibility of the business (Cropley and Crople y 2014). The report discusses about the different aspects of flourishing the business in the Singapore market. The report discusses about the strengths, weakness and feasibility of the current business model along with proposition of another most feasible option of business model in the pany which will increase the growth and profitability of the pany. Apart from that, the viability, feasibility of the business is described in terms of the flow of business in the market. There are different types of problems that Tranium Academy faced is also discussed in details along with r mendations for avoiding the business. Binnui, A. and Cowling, M., 2016. A conceptual framework for measuring entrepreneurship and innovation of young hi-technology firms.à GSTF Journal on Business Review (GBR),à 4(3). Ceptureanu, E.G., 2015. Connection Between Entrepreneurship And Innovation Into Romanian Small And Medium-Size Enterprises.à Risk in Contemporary Economy, pp.127-134. Chatterji, A., Glaeser, E. and Kerr, W., 2014. Clusters of entrepreneurship and innovation.à Innovation Policy and the Economy,à 14(1), pp.129-166. Cropley, D.H. and Cropley, A.J., 2014.à Managing entrepreneurship for innovation: a psychological analysisà (Doctoral dissertation, Edward Elgar Publishing Limited). Drucker, P., 2014.à Innovation and entrepreneurship. Routledge. Galindo, M.à . and Mà ©ndez, M.T., 2014. Entrepreneurship, economic growth, and innovation: Are feedback effects at work?.à Journal of Business Research,à 67(5), pp.825-829. Hoskinson, S. and Kuratko, D.F. eds., 2015.à The Challenges of Ethics and Entrepreneurship in the Global Environment. Emerald Group Publishing. Letaifa, S.B. and Rabeau, Y., 2013. Too close to collaborate? How geographic proximity could impede entrepreneurship and innovation.à Journal of Business Research,à 66(10), pp.2071-2078. Lindberg, M., Lindgren, M. and Packendorff, J., 2014. Quadruple Helix as a way to bridge the gender gap in entrepreneurship: the case of an innovation system project in the Baltic Sea region.à Journal of the Knowledge Economy,à 5(1), pp.94-113. Maritz, A. and Donovan, J., 2015. Entrepreneurship and innovation: Setting an agenda for greater discipline contextualisation.à Education+ Training,à 57(1), pp.74-87. Mok, K.H., 2015. Questing for Entrepreneurship and Innovation for Enhancing Global petitiveness in Hong Kong. Inà Research, Development, and Innovation in Asia Pacific Higher Educationà (pp. 115-134). Palgrave Macmillan US. Mro?ewski, M. and Kratzer, J., 2016. Entrepreneurship and country-level innovation: investigating the role of entrepreneurial opportunities.à The Journal of Technology Transfer, pp.1-18. Padma, M.C. and Sridhar, V., 2016. Mini-Project Based Approach to Promote Entrepreneurship and Innovation in Engineering Education.à Journal of Engineering Education Transformations,à 29(3), pp.67-74. Patton, D., 2013. Entrepreneurship: globalization, innovation and development.à International Journal of Entrepreneurial Behavior & Research. Sahut, J.M. and Peris-Ortiz, M., 2014. Small business, innovation, and entrepreneurship.à Small Business Economics,à 42(4), pp.663-668. Shaw, E. and de Bruin, A., 2013. Reconsidering capitalism: the promise of social innovation and social entrepreneurship?.à International Small Business Journal,à 31(7), pp.737-746. ?ledzik, K., 2013. Schumpeterââ¬â¢s view on innovation and entrepreneurship. Soares, F.O., Sepà ºlveda, M.J., Monteiro, S., Lima, R.M. and Dinis-Carvalho, J., 2013. An integrated project of entrepreneurship and innovation in engineering education.à Mechatronics,à 23(8), pp.987-996. Thà ©baud, S., 2015. Status beliefs and the spirit of capitalism: Accounting for gender biases in entrepreneurship and innovation.à Social Forces,à 94(1), pp.61-86. Weber, Y. and Tarba, S.Y., 2016.à Mergers and acquisitions, entrepreneurship and innovation. Emerald Group Publishing. With a decade's experience in providing essay help,
Wednesday, November 20, 2019
The U.S. government reaction to the Enron Scandal Research Paper
The U.S. government reaction to the Enron Scandal - Research Paper Example This paper focuses on response made by the government as a result of Enron scandal. The chaos caused economic losses to it stockholders and people have lost trust to the financial community. It has rendered the Code of Conduct and Ethics an insubstantial piece of covenant that could be disobeyed by seniors when they chose to do so. This paper used published literatures and materials in order to review governmentââ¬â¢s reaction on the said scandal so that risks of same incident are apprehended. An aftermath of the investigation showed perpetrators of the crime were persecuted, and the creation of a legislative Act that offered strict regulations and changes on the financial reporting. Enron was the 7th biggest corporation in the United States in 2001. It was founded in1985 and was involved in electricity, natural gas, communications and paper companies. The collapse of Enron in 2001 created ripple effects to its investors, its creditors, banks, employees, and the government. It has shattered the confidence of people to the financial markets and brought financial losses to its stakeholders, unemployment, and closure of two giant corporations, the Enron, and Arthur Anderson (AA). AA was also one of the largest accountancy and auditing firms in the world, and was the auditing firm of Enron. A long period of time has passed since then, and it is the duty of the government to take action on this big financial mess. Focus of this paper is to know what have been the reactions of the U.S. government toward this. Methodology Qualitative research using secondary sources of information, published articles, and journals will be used to establish information required. Knowing what the government has done to give justice to the people who lost money and employment will rebuild its trust to the financial system. Background Enron was the 7th biggest corporation in the United States in 2001. It was founded in1985 and was involved in electricity, natural gas, communications an d paper companies, but was better known for its matchless style of business operation of futures trading of gas and electricity and creation of new unusual markets of commodities as broadcast time for advertisers, internet bandwidth, and weather futures. From a $9 billion revenue in 1995, its annual revenues rose to over $100 billion in 2001. So, the world was shocked to find out that it has filed for bankruptcy in the mid -2001. What was unknown to the public before the bankruptcy was that Enronââ¬â¢s reported financial condition was covered with systematic, organized and planned activities to cover up the losses of Enron. The drop of Enronââ¬â¢s stock price from $90 per share in the mid-2000 to less than $1 per share at the end of 2001 caused 11 billion dollars of losses to shareholders (Yuhao Li, 2010). Findings and discussions a. Violations of Ethical Practices Causes of bankruptcy in Enron is a tangled web of unethical practices committed by the Auditor, senior management , laxity of government rules, investment houses, banks and board of directors, stock analysts who kept on pushing Enronââ¬â¢s stocks and media frenzy.(Tesfatsion, L. 2011) Causes of bankruptcy is also deeply seated on breaking the rules of The Code of Conduct and Ethics wherein truthfulness was not followed by management by not announcing the true health of the company and conflict of interest. There was conflict of interest between the role of Andersen as Auditor and as a Consultant for Enron. The report of accounting irregularities on reports of Enron, and the admission of AAââ¬â¢s employees tearing of documents and evidences related to Enronââ¬â¢s involvement had totally eroded AAââ¬â¢s reputation and the quality of his audits on the Accountancy field were put to doubt by his clients. As an Auditor and Consultant of Enron, AA has the duty to inform the shareholders the correct information as the report influences economic benefits for its shareholders. But in this ins tance, Anderson chose to betray the stockholders for his best
Tuesday, November 19, 2019
War and the Threat of External Violence Essay Example | Topics and Well Written Essays - 1500 words
War and the Threat of External Violence - Essay Example For the presentation of his statement George Orwell chose the art form of social science fiction. The novel just describes a few months of Winston Smithââ¬â¢s life ââ¬â life of an ordinary member of society, which is built on the principles of Ingsoc (English Socialism), in the fictional superpower Oceania in 1984 (future). A prototype of the future socialist society can be seen quite clear ââ¬â it was the Soviet Union of the 30-40ââ¬â¢s. The mustachioed leader, Big Brother, privileged comrades of the Inner Party, the Thought Police, great cleansings, forced labor camps, a hysterical search for internal enemies, headed by a mythical traitor Goldstein -Trotsky, gloomy atmosphere of general suspicion, squalid life ââ¬â these are the familiar elements of Stalinââ¬â¢s dictatorship. However, the technologies and methods of society control and suppression of dissent in the book surpass the Soviet realias. Orwell developed the idea of surveillance and brainwashing with more and more sophisticated technical means to manipulate information on a large scale, as it makes impossible any appearance of unauthorized thoughts. The geographic location of the novel is Air Strip One ââ¬â a huge faceless province of the totalitarian Oceania, which is the allusion of the former UK. The author shows that even the bastion of European democracy with a long tradition of political freedom, which did not surrender to foreign or domestic fascism, can turn into a giant grim prison in 35 years, if people lose their watchfulness. Now, in the atomic age, the world lives in a state of apocalyptic terror. This is the reason why people are so concerned about the motives of the Apocalypse in literature. However, not the Big Brother unleashed atomic and hydrogen apocalyptic monsters. The main problem of the modern society is that it still has not learned how to adapt its lifestyles, social and political institutions to the great achievements of the technical knowledge. We do not know how the atomic and hydrogen bombs influenced consciousness of millions of people living in the East, where pain and fear can be hidden behind the facade of official optimism. This book is an attempt of a geopolitical prognosis. The world in the novel, after World War II and a small period of peace, is engaged in a nuclear war, which started in the 50ââ¬â¢s between the former allies. As a result, the territories of Continental Europe go to the USSR; Britain and America are horror-struck by socialist revolutions. The possibility of such a war is historically justified. The allies, members of the anti-fascist coalition had very different geopolitical interests and united only in the face of fascist aggression. Variants of the further division of the world among the great powers, after Germanyââ¬â¢s fall, were considered by Stalin, Churchill and Roosevelt as well. The military machine of the Red Army gained an unprecedented power by the end of the war and could ââ¬Å" liberateâ⬠the whole Europe easily and only the Second Front opening forced Stalin to confine himself to the Eastern half only. The Allies, in turn, were not averse to kill the ââ¬Å"communist contagion.â⬠Actually, after World War II, two superpowers arouse - the USSR and the USA and by the early 50ââ¬â¢s they had nuclear weapons and struggled for world domination. But in the real world nuclear arsenals have grown too quickly, making it impossible to win a nuclear war. Moreover, Stalinââ¬â¢
Saturday, November 16, 2019
Free
Free Trade and American Clothing Industry Essay A representative of the American clothing industry recently made the following statement: ââ¬Å"Workers in Asia often work in sweatshop conditions earning only pennies an hour. American workers are more productive and as a result earn higher wages. In order to preserve the dignity of the American workplace, the government should enact legislation banning imports of low-wage Asian clothing. â⬠Answer the following: (10 points) a. Which parts of this quote are positive statements? Which parts are normative statements? . Would such a policy make some Americans better off without making any other Americans worse off? Explain who and why. c. Would low-wage Asian workers benefit from or be hurt by such a policy and why? . Referring to the same situation in question 1, but instead of legislation banning the imports, assume that the government enacts a special tax on imported clothing that is so high that the selling price of the imports would be equal to the selling price of the same clothing made in America.à This kind of tax is called a tariff and is enacted to protect domestic producers of the same items that can be imported at much lower costs. Answer the following: (10 points) a. What would shoppers see when they shopped in Wal-Mart and the other ââ¬Å"big boxâ⬠stores that sell so many imported items? b. Would this tax policy have a better effect, worse effect, or no different effect on American workers than the legislation banning the imports discussed in question 1? What kind of effect would the tax have on the Asian workers? A growing economy means that the economy is producing more and more ââ¬Å"stuffâ⬠, either because it has more resources (workers), or uses those resources more productively (smarter, better workers, working with better machines and systems). A growing economy that produces more and more ââ¬Å"stuffâ⬠normally means that the people have a higher and higher standard of living. If the government adopts a ââ¬Å"free tradeâ⬠policy towards all imports, including the low cost clothing of question 1 and 2, in which it places no barriers to importing items, can that action help the economy to grow? Explain your answer.
Thursday, November 14, 2019
Hawthornes Scarlet Letter vs Scralet Letter the Film Essay examples --
Hawthornes Scarlet Letter vs Scralet Letter the Film Published in 1850, Nathaniel Hawthorneââ¬Ës The Scarlet Letter describes many details of the life of a woman in a Puritan community and her conflict with their beliefs. Immoral events committed were harshly treated in those times; today these situations are dealt with up-to-date solutions. A Hollywood version of the novel was created in 1995 to visually illustrate the story but left room for comparison. Both the book and movie contain similarities and differences in point of view, plot, and symbolism. The point of view in a story is important for visualization of the plot. In the novel Hawthorne narrates the story of Hester Prynne and her sin of adultery making his point of view third person omniscient. He speaks of Hester like an outsider watching upon her life through a lucid glass window. This opposes the movieââ¬â¢s point of view which is told by Hesterââ¬â¢s daughter, Pearl, with a first person limited prospect. Pearl speaks of her motherââ¬â¢s life and romance with her father as she has heard the tale of love and suffering. ...
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