Changing the World Through Education :: Teaching Teachers Essays

Changing the World Through Education My philosophy on didactics involves changing the world through my students. I desire to enable my students, through education and motivation, to leave the world better than they have hound it. Like many social reconstructionists, I feel that we as teachers owe it to the future generations to instruct them how to handle the problems they will encounter in hopes that they will pass on fewer problems to their children. I will work every arcminute of everyday to ensure my students successful futures. I believe that students need a routine to help them think clearly and freely, much(prenominal) as that suggest by the Perennialist approach. Upon graduating from Concord College, I will attend graduate groom and receive my Masters degree in Education. I will be teaching at different places around the country, as I will be moving frequently. My future occupational plans include working with the Department of Defense schoo l systems. I will use my educational background and my life experiences to enlighten and teach my students. Issues that I feel are crucial to address which also consult to my particular philosophy are increasing political awareness, raising racial tolerance and acceptance, reducing child abuse and violence against women, and recycling and appreciation for our ingrained resources. Methods I would use in my classroom to get students involved would include community service projects, recycling drives, field trips to shelters and centers, and food and clothing drives within the class. Activities such as these, where students can see the changes they are making, get them motivated in a way that no general lessons can. Children need to feel the selfless propitiation that comes from helping their fellow man. I have had many excellent teachers throughout my educational experience, some of these have been wonderful teachers that have set lessons to life. Others have been boring, too strict, unapproachable, and at times unknowledgeable. I have learned valuable lessons from both. A positive and fun learning environment makes students want to be in the classroom. The first base step in learning is that the children must want to be there.

Genetically Modified Crops Essay -- GMOs Genetically Modified Foods

Genetically Modified Crops Genetically modified crops (GM crops) climb to the top on the hotly debated issues list of nightspot. In 1996, no GM crops were cultivated on a commercial scale in the United States. In 2002, 75% of soya, 71% of cotton, and 34% of all maize fully grown in America is GM (Grim Reaper 1). Many issues surround this contr all oversial topic such as safety, ethics, and foreign relations. Many of these concerns are thoroughly stressed in mass media, but sometimes biased views are the only ones presented. Safety with human health and the effects on the environment come to the fore to be the strongest and most discussed subject matter. While issues of concern accompany the usage of GM crops, argument can be made to justify their production. HISTORYWhat umpteen people do not know is that genetic modification has been going on since the founder of Genetics, Gregor Mendel, cross- bred his pea plants for different affects. Many of the flowers sold and bought in our society are mutations and mixing of genes. The corn we eat today is the result of decades of self-pollination followed by cross-pollination to produce vigorous hybrid plants (History 3). For well over a century, compete with genes has given humans a more cost and space efficient means of mass-producing plants, whether that is corn, potatoes, strawberries or flowers. The National Research Council met in 1989 to discuss some concerns over field testing of GM organisms (GMOs). A report from the National Academy of Science said, Crops modified by genetic engineering should pose risks that are no different from those of cops modified by classical genetic methods (Hokanson 1). These classical methods range from Mendels cross-breeding to wi... ...gy Products being Developed Council for Agricultural Science and Technology December 2, 1999 Public Misled On GE Risk Knowledge Centre par. 8 Feb 25, 2001 Risks and Concerns Center for Life Sciences and Dept. of Soil and Crop Sciences Colorado State University Par. 12 August 19, 2002 Robinson, Clare. GM Issues An insertion to the Scientific Issues of GM John Innes Centre, Norwich, UK 2000 Stokstad, Erik. A Little Pollen Goes a Long Way Science Now July 1, 2002 1-2. Whats Wrong with Genetic Engineering? Organic Consumers connection Par.1

Young Goodman Brown VS. Paul Essay -- essays research papers fc

Young Goodman cook vs. PaulAfter studying the short stories of Nathaniel Hawthornes Young Goodman Brown and Willa Cathers Pauls Case, I began to see many similarities within the cardinal stories. Both of the main characters in to each one story have characteristics that could be looked at as being alike, but after analyzing each character I rooted to find that although alike in some aspects, these two characters are very different from matchless another. At first I noticed that both Goodman Brown and Paul are starved for attention, but in different ways. Next, I see that each character has issues with their erstwhile(prenominal) and are both trying desperately to overcome them. Finally, I found that each characters main goal in life was the desire to become something outstanding in their communities. Each of these points is evidence that although similar, each character has many different views on how to accomplish their goals.First, we will start with Goodman Brown. He is the main character in Nathaniel Hawthornes short story titled Young Goodman Brown. Hawthorne could not escape the influence of Puritan smart set (McCabe). I think that Hawthornes own past is and complications are reveled in his story about Goodman Brown. I believe that Goodman Brown has had a rough past and is trying to reach beyond his past in order to reach heaven. Goodman has some major problems with his married woman, Faith, and everyone else in his community. I think that he is seeing everyone as perfect people, but he is having impure thoughts about himself and his past. In order to deal with these problems within himself, he is making up that everyone has this awful bad side. When he goes into the forest, he believes he is talking to the devil with looks much like his grandfather. The devil is feeding him bad thoughts about everyone he knows, even his own father and his wife Faith. Next, I believe that Goodman Brown has had a rough past and in order for him to overcome this wit hin himself he must search for attention. This attention may not be needed from his wife or community members, I believe it is needed from him. He is feeling overwhelmed with obligations from his wife and peers that he has no term to decide whether this type of life is right for him. So, in search for the answer to his questions about life, he turns to the devil and takes his... ...become anything he dreamed about becoming in his life he thought he should move on.After reviewing both, Nathaniel Hawthornes and Willa Cathers short stories, I believe that although similar in some ways, Goodman Brown and Paul are far more different than what we might expect. Both have similar characteristics, and even may share the same problems, but these two characters are two very different people, from very different periods of time. Works CitedCather, Willa Pauls Case A Study in TemperamentOnline, forthcoming http//unx1.shsu.edu/eng_wpf/authors/CatherNovember 19, 2004Hawthorne, Nathaniel The T ext of Nathaniel Hawthornes Young Goodman Brown.Online, for sale http//itech.fgcu.edu/Hawthorne.htmNovember 19, 2004McCabe, Michael E. The Consequences of Puritan Depravity and Distrust as Historical Context for Hawthornes Young Goodman Brown.Online, Available http//itech.fgcu.edu/facualty/wohlpart/alra/Hawthorne.htmNovember 19, 2004

Loyset Compère Motets (Orlando Consort) :: Composer Music Musical Musician Essays

Loyset Compre Motets (Orlando Consort)Loyset Compere, an accomplished yet not very known composer of the 15th century, has been neglected as a figure in musical history. Historians through the ages have somehow left him out of most of their writings. Therefore, as innovative researchers and discoverers, we have very little resources from which to gather information about Compere. In fact, even his date and place of birth are argued upon by historians. Thus, our study is restrain to what we see on the pages of his music and what we glean from the music we view (MCD 1490, Carapetyan).It is believed that Compere wrote some motets for the French Royal court during his years there. Among these motets was the canon Asperges me Domine, a ravishing four-part canon in 4ths. It was written sometime between 1500-1505, although the exact date is not known for sure. This was towards the end of Comperes life when his experience as a composer was at its peak (Carapetyan and Finscher 255). The canon was a popular musical form of this period however, a canon in 4ths was not. There are many aspects of this piece that thrust listening to it fascinating. The following pages will explore the intrigues of Aperges me Domine including its structure and its ties between music and text.Asperges me Domine is broken up into three sections, each section starting with a solo chant from the superius voice. After the chant, each section then continues with a canon starting in one of the four voice parts.The maiden section, which we will call section I, starts with the opening chant and ends with a strong cadence on measure 18. It uses six overlapping phrases to express the first declare of text. The first canon starts with the bassus voice, but the starting voice changes throughout the piece. However, each canon, throughout, is sung at the fourth. There are four strong cadences, m. 2, m. 5, m.10, and m. 18, each grade the end of a thought in the text. There are also many other place s that exhibit a kind of pseudo-cadence where the modern ear expects to hear a resolution, and the resolution is reached however, movement among the middle parts nullifies the effect of the cadence. For example, in m. 12, the superius and the bassus parts seem to reach a cadence point, but the tenor and contralto parts continue to move catching the listeners attention away from the cadence point.

A View From the Bridge - Arthur Miller Essay example -- English Litera

A View from the bridge by Arthur MillerExamine the ideas of manliness, hostility and aggression in a viewfrom the bridge. How argon these ideas connected?In this essay I will examine the ideas of manliness, hostility andaggression are connected to each other in a view from the bridge.The play is set in a slum near the Brooklyn Bridge. In the story themain character is Eddie carbone and we see many sides to thischaracter end-to-end the play. Eddie carbone is a middle aged mangoing through a mid life crisis. Many things are causing this mid lifecrisis, simply the main thing and the most obvious one is therelationship between Catherine and Radolpho. Catherine is the niece ofhis wife, Beatrice. Catherines parents died when Catherine was veryyoung and ever since then Beatrice and Eddie have raised her liketheir aver daughter. Eddie has grown to love as his own daughter butdue to this he has also developed a possessiveness that he does notquite understand. Eddies mid-life crisis starts to be noticed when thecousins of Beatrice illegally immigrate into the country by boat andstay with them temporarily. From the moment they first arrive in theplay we immediately notice that something is backfire to happen from theway Eddie talks to them. This is where the drama officially begins.Eddie has a certain type of belief that you have to be a particularway or do particular things in order to be a real man, he believesthat certain types of characteristics and qualities are needed to bemanly. He has lived by these qualities and characteristics andbelieves they are right. This is possibly due to the way he wasraised. The views that Eddie thinks are need for masculinity are thatyou should go ou... ...cond language and struggles sometimes, ...the machine, the machine is necessary. His sentences are lively and witty and entertaining. Marco seems to beable to speak English better than his brother. His sentences areusually serious and quite intense, Too loud. The guests in that hotel are all Englishmen. They dontlike too loud. This playscript is all about manliness, hostility and aggression. Manlinessis the main thing because backs in the time that this play was set inmen were the most dominant sexual practice by far. They were in charge ofeverything they were the ones that had a say in everything. Manlinessled to hostility because the role of dominance can be threatened, asit was in Eddies case, which leads to aggression. Eddie tried toeliminate the threat be trying to kill him but it backfired on him andin the end he was the one who died.

A View From the Bridge - Arthur Miller Essay example -- English Litera

A View from the bridge by Arthur MillerExamine the ideas of manliness, dis resembling and aggression in a viewfrom the bridge. How are these ideas connected?In this essay I will examine the ideas of manliness, hostility andaggression are connected to separately other in a view from the bridge.The play is set in a slum near the Brooklyn Bridge. In the story themain character is Eddie carbone and we see many an(prenominal) sides to thischaracter throughout the play. Eddie carbone is a mid(prenominal)dle aged mangoing through a mid life crisis. Many things are causing this mid lifecrisis, but the main thing and the to the highest degree obvious one is therelationship between Catherine and Radolpho. Catherine is the niece ofhis wife, Beatrice. Catherines parents died when Catherine was veryyoung and ever since then Beatrice and Eddie have elevated her liketheir own daughter. Eddie has grown to love as his own daughter butdue to this he has also developed a possessiveness that he do es notquite understand. Eddies mid-life crisis starts to be noticed when thecousins of Beatrice illegally immigrate into the country by boat andstay with them temporarily. From the moment they first arrive in theplay we directly notice that something is bound to happen from theway Eddie talks to them. This is where the drama officially begins.Eddie has a certain type of belief that you have to be a occurrenceway or do particular things in order to be a real man, he believesthat certain types of characteristics and qualities are needed to bemanly. He has lived by these qualities and characteristics andbelieves they are right. This is possibly due to the way he wasraised. The views that Eddie thinks are need for masculinity are thatyou should go ou... ...cond language and struggles sometimes, ...the machine, the machine is necessary. His sentences are wonderful and witty and entertaining. Marco seems to beable to speak English better than his brother. His sentences areusually seri ous and quite intense, Too loud. The guests in that hotel are all Englishmen. They dontlike too loud. This book is all about manliness, hostility and aggression. Manlinessis the main thing because backs in the time that this play was set inmen were the most dominant gender by far. They were in charge ofeverything they were the ones that had a say in everything. Manlinessled to hostility because the role of dominance can be threatened, asit was in Eddies case, which leads to aggression. Eddie tried toeliminate the threat be trying to kill him but it backfired on him andin the end he was the one who died.

Chem 238 Final Exam

CHEM 238 Winter, 2001 FINAL EXAM bod Prof. Sasaki Please circle your TA Dirk Schweitzer , Tyan Carter, Carla McDowell clxxv points TOTAL Good Luck Note Only answers in the box will be graded. _______________________________________________________________________ _ 1. (30) (a) Draw a stepwise mechanism for the following reaction. pulmonary tuberculosis curved arrows to indicate the movement of electrons. O O H3 C H+ HO OH CH3 O H3 C O CH3 O . (b) Briefly explain the feature that, although hemiacetal formation between methanol and cyclohexanone is thermodynamically disfavored, addition of methanol to cyclopropane goes essentially to completion.O CH3OH HO OCH3 O , cyclopropanone cyclohexanone CHEM 238 page 2 Name . 2. (35) A ? , ? -unsaturated carbonyl immix rearranges to a more stable conjugated ? ,? -unsaturated compound in the presence of either acid or base. O H+ or OHO A ,-unsaturated carbonyl compound A , -unsaturated carbonyl compound (a) Propose a mechanism for the base-c atalyzed rearrangement. (b) Propose a mechanism for the acid-catalyzed rearrangement. CHEM 238 page 3 Name . 3. (35) Predict the structures of the products or starting materials in the following equations.Show stereochemistry when it is known. (a) O P + CH3 (b) H3 CO 1) BH3 THF 2) H2 O2 , OH- (c) H3 C 1) Mg, THF H3 CO Br 2) D2 O (d) O H3 C O H N CH3 HNO3 H2 SO4 (e) O O O 1) NH2 -NH2 2) NaOH, heat CHEM 238 page 4 Name . 4. (35) (a) Provide a reasonable synthesis for the following compounds from the indicated materials. You may use some(prenominal) reagents that you wish to use. (a) CH2 OH from CH2 OH CH3 CH2 O O OCH2 CH3 and compounds with 4 carbons or less O (b) O from benzene and any compounds with 2 carbons or less.CHEM 238 page 5 Name . 5. (35) A number of plants produce chemical substances that prevent insects from feeding on them. Some steps in the synthesis of such a compound, called an antifeedant, are shown bellow. provide reagents for the transformations. (The wavy lines indicate either that stereochemistry is not known or that a mixture of stereoisomers may exist. ) H3 C O H3 C O O A H3 C H3 C B H3 C H3 CO O OH H C H3 CO O D H3 C H CH2 H3 C H3 CO O EtO- Na+ EtOH H3 C H3 CO O O H O H E H3 C O H3 C H CH2 A B C D E

Does the Media Dictate Our Life? Essay

They will view all the notifications first before doing anything else. Such is the situation today where people argon very dependent on Social media. Media squirt be classified into two main types old and new media. Where the old media consist mainly of publisher while the new media consists of the television and the social media etc.While some may argue that Social media may not be dictating our lives, it is indeed aline that it has taken control of our lives in many aspects from our behaviour, perceptions, assimilation, fashion and more. Thus I strongly believe that media plays an important role in dictating our demeanor of living. Some may argue that media does not dictate our life to a very large extent today mainly due to the fact that people hurl the mogul to categorize what is true and what is not such that they do not easily get influenced by what is shown in the media.Due to peoples ability to critically evaluate all that is shown on the media their lives atomic num ber 18 not dictated by the media alone but instead, they also have a say in deciding what is important for themselves. However, in reality, it is true that the media does dictate a large portion of our life today. Media plays a deciding role in many aspects of our lives starting from our perception, culture, advocacies, behaviour, environmental awareness as well as political believes.Media plays a vital role in influencing our perceptions of the existence as well as the celebrities as the Media chooses what it wished to salute to the public based on what it believes the public would wish to see example Tabloid News virtually the latest celebrity gossips. In this process, the media has the ability to multifariousness the information that they release in order to make it more appealing to the general public. As a result, this causes people to believe the false information that is presumption in the media mainly because of the fact that people do not truly intent to cross check wi th other sources.This prevents them from beingness able to fully scar between what is and what is not reality. Moreover, since the media only focuses on sensationalising the news and not merely portraying the message to the public, it leads to the public conjuring up the wrong image close certain people or events. This proves that the media does indeed play a vital role in dictating peoples perceptions on various aspects. Also, the media has now allowed for varied culture to spread nearly the world and has led more people to find out about the popular culture of others around the world .This has now allowed people to embrace the traditions and popular culture that is followed by people in other countries and so influencing peoples willingness and ability to embrace other cultures. For example, Korean Pop also known as K-pop is famous world wide mainly due to the Media. Media paved the way for this popular culture to travel around the world allowing people across the globe to k now about it. It is not uncommon to identify a Shinee (a K-Pop band) fan among people not only in Korea but around the world. That is the extent to which media has now allowed people to learn more about others cultures.At the same time, it has also allowed people to understand more about their own culture and roots so that their own heritage is not forgotten. Anyone who wishes to find out more about their own heritage only have to type into google or youtube and they will be bombarded by various information both in terms of articles as well as videos which they could use to rectify their knowledge about their own heritage. Thus media plays a vital role in allowing people to understand their own culture and also embrace the culture in other countriesThe media also plays a vital role in dictating peoples lives due to the fact that it is a chopine for governments to spread messages to the public and it is also the platform for people to voice their opinions and raise awareness about t he other political systems. Media serves as the basis through which governments may engage in propagation so as to brainwash people into believing that their ruling is the best and they could also influence people into believing that they are happy mainly through censorship where people are not aware of what is actually happening around them.An example pertinent to this would be what is happening in North Korea whether the government is savoury in propagation by controlling the censorship such that it decided what the people should view. During World War II the government decided to portray to the public to the image that the soldiers were doing well though in reality they were not doing very well. As a result, this led people having a false hope and flavor that they were doing well and therefrom affecting their perception of what is happening around them.As a result, people were misinformed about the actual situation yet they were unaware of it as they had fully trusted what was shown in the media. Therefore, it is true that the media completely dictates peoples lives in terms of the information that they receive and thus the type of image that is being portrayed to them Also, the media is responsible for changes in peoples behaviors as well. Media in terms of television, internet, constantly portrays image of celebrities dressed in a particular way and this does to a large extent influence people to follow the same trends as they conjure up the image that that is the latest fashion.Thus results in their ever-changing taste and preference for certain goods and services. This proves that peoples taste and preference is influenced more by what is shown on the television rather than skilful what they actually like. Moreover, the media can also influence people in terms of their behaviour example, media is one of the main factors for the changing crime rates, violence, sexuality and more. For example, there was a case in India where a student had stabbed his teacher as his teacher had complained to his parents that his proficiency in Hindi was poor and that he had to do something to improve it.When asked what had actually motivated him to do so, the boy had mentioned that he was influenced by a recent Bollywood film called Agneepath which had a lot of violent scenes. He mentioned that it was only after watching that movie that he was inclined to stab his teacher. This indeed serves as evidence to show the extent to which the media in its various forms could influence people into believing that certain deeds are fine to do though in reality it may not be therefore causing them to engage in the wrong behaviourIn conclusion, it is true that while people choose what to believe and what not to believe, the media ultimately plays a large role in influencing people in various aspects of their lives. It thus becomes a necessity for people to be cautious of what they should believe and what they should take with a pinch of salt. It is of great i mportance that people do not just blindly believe what is shown in the media but instead practice some critical thinking to decide what is really true and what is not.

Educational Tour

Banares, Roselyn C. BSBA- Fin. Mgt4 educational Tour (BSP, PSE and NEDA) BSP destination (Bangko Sentral ng Pilipinas) September 12, 2012 that was the date of our educational circumference. 600 am in the morning is the call time, thats why I tried to wake up early morning to fixed my things and go to school in time. We leave at 730 am and were first destination was Bangko Sentral ng Pilipinas bills museum. BSP allowed us to watch the goggle box on how they made money. I leaned that they consumed of ten months in making money. They showed us the minting process of money.It so happened that I enjoyed watching the minting process. I learn overly that the money has security features of money and the history. In security features there is a security threads, security fibers, code for the blind on 200 peso bill, florescent printing, optically un certain(a) ink, concealed value on 500 peso bill, perfect see- through register and micro prints. Then after we watched the video, the speak er orients us about the doddering money that we piss in the past. We saw different shapes, color, size and kind of money in the Philippines.I select enjoyed the tour in that part most peculiarly when I tried to play theyre touched screen machine. We played puzzles and trivia and were happy that we got 4 number of right out of 5 questions. We also go to the BSP library to search about our report in monetary policy. Ms. Rose Garcia helped us to enter in the library even though we dont have a letters of reservations. Then after that we take pictures outside the museum for our remembrance. We also want to take pictures of the old money that we have but the management of BSP did not allow us.As its history of the BSP, the museum of Bangko Sentral ng Pilipinas. Inaugurated on January 3, 1999, as part of the celebration of the 50 years of central banking in the Philippines, the museum showcases the Banks collecting of currencies. As repository and custodian of the countrys numismatic heritage, the museum collects studies and preserves coins, paper notes, medals, artifacts and monetary items found in the Philippines during its different historical periods. These collections have been placed on permanent boast at the useum. Designed to walk the visitor through a number of galleries, individually dedicated to a specific historical period of the country, the museum visually narrates the nurture of the Philippine economy, parallel to the evolution of its currency. Complementary paintings from the BSP art collection, together with chosen artifacts, enhance each gallery. A panoramic memorabilia of 50 years of central banking in the Philippines showcases the strides made in bringing about price stability, to sustain economic growth in the country.The exhibition hall also carries the busts of the governors of the Central Bank/ Bangko Sentral. We learned all of this privileged the BSP money museum. PSE destination (Philippines Stock Exchange) Our second was Philippine Stock Exchange, and it located in to ortigas city. Sir Harvey told us about the history of PSE which was our speaker. And we knew that the current Philippine Stock Exchange is a conjunction of the Manila Stock Exchange (1927) and the Makati Stock Exchange (1963). The Manila Stock Exchange, when in existence, was the first exchange in Manila and the oldest in the Far East.Regardless of having existed separately for nearly three decades, the two bourses combined in 1992 on a lower floor President Fidel Ramos. Association was deemed suitable because the two exchanges essentially traded the same listings. Ramos also aimed for a more efficient capital market. In 1994, its operations were in full swing with two trading floors one in Pasig City the other in Makati City. On January 4 1993, the PSE incorporated the Status Trading System a mechanical approach for their operations. Six months later, on June 15, they also adopted the MakTrade trading system.Although the two systems were li nked on March 25 1994 to allow for the same opening and closing prices, it was not until November 13 1995 that the systems were unified under the Unified Trading System operating under the MakTrade. In 1998 the Philippine Securities and Exchange Commission named the PSE a self regulating organization, which allowed it to execute its own policies and regulations. By 2001, the PSE had formed into a stock-shareholder based organization by taking the shape of a profit earning corporation.It also began trading bonds. By 2003, in an effort to be more publicly held, the exchange only allowed shares to be listed through an opening, rather than an initial public offering. He also gathered a game to us to be listened to him. He gave a cd about PSE in every person who answered correctly to his questioned. He also shows us and discusses to us what happened in the trustworthy stocks trading. He teaches us the use of electronic board and how to read it. He also told us on how can we buy or sell our stocks in the trading day.He explained to us the immenseness of stock brokers and where we can meet the stock brokers. He also told us how much the minimum money that we need to have to buy stocks in the market. NEDA destination (National Economic Development Authority) Our last destination was the National Economic Development Authority. The NEDA was established in 1973 with Dr. Gerardo Sicat as its first music director general. With the exception of Sicat, the Prime Minister of the Philippines was usually the head of the agency before the First People Power Revolution. Former President Corazon C.Aquino re-organized the NEDA into its present form July 22, 1987 until the political science of President Ninoy Aquino. Former president Corazon C. Aquino appointed Winnie Monsod as its first director-general after EDSA I. the legal basis of NEDA are the following the present form of the NEDA was organized by President Corazon C. Aquino on July 22, 1987 through Executive Order No. 230. It defined the composition of the NEDA Board and the Secretariat and its powers and functions, the powers and functions of the Authority and its committees. On July 26, 1994, President Fidel V.Ramos signed document Order No. 222 which reactivated the NEDA Board Executive Committee and mandating that the decisions of the NEDA Board Executive Committee shall be final, executor and binding upon the NEDA Board. On July 27, 1992, President Ramos signed Republic hazard No. 7640, which constituted the Legislative-Executive Development Advisory Committee (LEDAC). The LEDAC serves as a consultative and advisory body to the President as the head of the NEDA and gives advice on certain programs and policies, which are essential to the realization of the goals of national development.While we are staying in NEDA the speaker let us to watch their video while he discussing their goal and the importance of NEDA and why NEDA established and their duties and responsibilities. The speaker also let us asked about he discussed and some of our schoolmates asked some questioned and the speaker maybe amazed and he told us that we as a group are having a good questioned regarding to what hi discussed to us. After we reached our last destination we go back to our school and go home. Educational tour picturesThis picture was taken when we are in BSP money museum. We took pictures for remembrance and for compilation of our final product. We also took pictures when we are in the bus and waiting for our tour guide to tell us that we can go inside the BSP money museum. This picture was taken when we are in the NEDA and PSE. Sir Harvey let us to take pictures inside the PSE when he gathered his discussion about the PSE. He told us to take a picture having the trading floor as our background. We asked him if we can take a picture together with him and he agreed.

Common Biases and Errors in Decision-Making Process

COMMON BIASES AND ERRORS IN DECISION-MAKING PROCESS In addition to kind in bounded demythologizedity, an accumulating body of research tells us that decision makers allow systematic biases and errors to creep into their assessments. These come out of attempts to shortcut the decision process. To minimize private road and avoid difficult trade-offs, people hunt to rely too heavily on experience, impulses, gut feelings, and convenient a? rules of thumb. a? In many instances, these shortcuts atomic number 18 helpful. However, they can lead to severe distortions from rationality.The following highlights the most common distortions. Overconfidence BiasItas been said that a? no problem in judgment and decision making is more prevalent and more potentially catastrophic than overconfidence. a? When weare bewildern factual questions and asked to judge the probability that our answers ar correct, we tend to be far too optimistic. For instance, studies have found that, when people labe l theyare 65 to 70% confident that theyare right, they were actually correct precisely about 50% of the time. And when they say theyare 100% sure, they tended to be 70 to 85% correct.From an organizational standpoint, one of the more interesting findings related to overconfidence is that those individuals whose happy and interpersonal abilities are weakest are most likely to overestimate their performance and ability. So as mangers and employees become more knowledgeable about an issue, the less likely they are to display overconfidence. Overconfidence is most likely to surface when organizational members are considering issues or problems that are outside their area of expertise. Anchoring BiasThe anchoring bias is a determination to fixate on initial development as a starting point.Once set, we then fail to adequately adjust for subsequent tuition. The anchoring bias occurs because our straits appears to give a disproportionate amount of emphasis to the first information it receives. So initial impressions, ideas, process, and estimates carry undue weight relative to information accredited later. Anchors are widely used by professional people such as advertising writers, managers, politicians, real estate agents, and lawyersawhere persuasion skills are important For instance, in a mock jury trial, one set of jurors was asked by the plaintiffas attorney to make an award in the range of Rs. million to Rs. 25 million. another(prenominal) set of jurors was asked for an award in the range of Rs. 25 million to 75 million. Consistent with the anchoring bias, the median awards were Rs. 5 million versus Rs. 25 million in the devil conditions. Consider the role of anchoring in negotiations and interviews. Any time a negotiation takes place, so does anchoring. As soon as someone states a number, your ability to objectively ignore that number has been compromised. For instance, when a prospective employer asks how much you were making in your prior job, your an swer typically anchors the employeras offer.Most of us understand this and upwardly a? adjusta? our previous salary in the hope that it will encourage our employer to offer us more. Anchoring can distort employment interviews. The initial information you might induce interviewing a job candidate is likely to anchor your assessment of the applicant and unduly influence how you interpret information that you obtain later. Confirmation BiasThe rational decision-making process assumes that we objectively gather information. But we donat. We selectively gather information.The information bias represents a specific case of selective perception. We explore out information that reaffirms our past choices, and we discount information that contradicts past judgments. We as well as tend to accept information at face value that confirms our preconceived views, while being overcritical and skeptical of information that challenges these views. The information we gather is typically biased tow ard supporting views we already hold. This confirmation bias influences where we go to collect evidence because we tend to seek out places that are more likely to tell us what we want to hear.It also leads us to give too much weight to supporting information and too little to contradictory information. Availability BiasMany more people suffer from fear of flying than fear of driving in a car. The reason is that many people think flying is more dangerous. If flying on a commercial airline was as dangerous as driving, the uniform of two 747s filled to capacity would have to crash every week, killing all aboard, to match the risk of being killed in a car accident.But the media give a lot more attention to air accidents, so we tend to overstate the risk of flying and understate the risk of driving. This illustrates an example of the availability bias, which is the tendency for people to base their judgments on information that is readily available to them. Events that evoke emotions, t hat are particularly vivid, or that have occurred more recently tend to be more available in our memory. As a result, we tend to be prone to overestimating unlikely events like an airplane crash.The availability bias can also explain why managers, when doing annual performance appraisals, tend to give more weight to recent behaviors of an employee than those behaviors of six or nine months ago. Escalation of Commitment Erroranother(prenominal) distortion that creeps into decisions in practice is a tendency to escalate commitment when a decision stream represents a series of decisions. Escalation of commitment refers to staying with a decision even when there is clear evidence that itas wrong.An example of this is of my friend, who has been dating a woman for about four years. He admitted that things werenat qualifying too well in their relationship he informed me that he was going to marry the woman. A bit surprised by his decision, I asked him why. He responded a? I have a lot inv ested in the relationship a? It has been well documented that individuals escalate commitment to a failing melt down of action when they view themselves as a responsible for the failure. That is they a? throw good money after bada? o demonstrate that their initial decision wasnat wrong and to avoid having to admit they made a mistake. Escalation of commitment is also congruent with evidence that people try to appear consistent in what they say and do. Increasing commitment to previous actions conveys consistency. Escalation of commitment has obvious implications for managerial decisions. Many an organization has suffered large losses because a manager was determined to prove his or her original decision was right by continuing to commit resources to what was a lost cause from the beginning.In addition, consistency is a characteristic often associated with effective leaders. So managers, in an effort to appear effective, may be motivated to be consistent when switching to another co urse of action. In reality, effective managers are those who are able to differentiate between situations in which persistence will pay off and situations in which it will not. http//www. citeman. com/384-common-biases-and-errors-in-decision-making-process. html

Who Made a Serious Mistake?

Identifying the facts of the facts Jean Safari was investigating a serious demerit made by a Japanese snuff iter at a Japanese subsidiary of a US multinational caller-up. It was founded that a component was inserted upside down and the entire batch had been pulled step forward of production to be reworked, thus making it a high constitute for recovery. Jean had for information about the incident, and she was astonished that plant director didnt know who it really was from the group of workers. Even the floor supervisor did non know and even if he did, he would not tell Jean or anybody else about it.It simply just shows that they are all protecting each other in the organisation. The plant manager was cultivated and form enough to make Jean understand that the woman who was responsible for this act was indeed very upset that she had left the factory and went back home, excessively she was have to resign. It was thanks to tow of her co-workers who convinced her to come back to work. The group who works with her is fully aware that she is new to the organisation, does not have anyone to look out for her or even see if she has been trained to do the work properly.That is why the whole group has apologized by a letter and they are also ready to apologize to Jean in public. But Jean doesnt want the apology, she wants to stop such incidence from happening again, so she is wondering what she should do in order to prevent such acts from occurring again. Stating the problem What sort of collective action against the subsidiary should be labourn in order to prevent such events? condition the objectives 1) To find out whom really is the culprit who has caused such a huge loss? 2) List out a number of resolving powers for the problem 3) Choose the best solution out of the given choices ) Implement the solution that has been chosen Area of Consideration In order to reach a good and less harmful decision, a few areas have to be taken into account before implem enting the final decision. The areas of considerations are mainly the stakeholders of the multi-national ships company. 1) Customers Obviously they are the one who buy the products from the company in order to satisfy their needs and wants. But if there is a small affect/ fallacy that occurs, then it can lead to losing the customer. So the company should consider the customers if they are going to be affected by any changes in the business. ) Employees They are the internals of the business, hence they make up the products and distribute it to the customers. The company should take the employees opinions into account before coming to a final decision and it is important to do so as it is linked to the case 3) Government Agencies (Legal Systems) These are the dapple which includes the laws of the land and before coming to a final decision for improvement , the company needs to make sure that the decision that is being taken, is it legal or not. One should consider the laws of th e land in order to avoid violation of the rules and regulations. ) Society They are the people living as a whole in the same area or same country where the factory is located. A business should consider its private and social costs and benefits of doing any activity in the business as it imparting have an impact (positive or negative) that can create an image infront of the ordering (good or high-risk) 5) Suppliers They are the people who supply the demand raw materials and equipment for businesses in order for them to produce goods and services. So the suppliers need to kept informed about changes that will take place in the business. Alternative stock of Action ) Getting rid of the employee and punishing the faculty worker for the error he/she has made which has also cost the company a lot. Usually it is through with(p) by individualists who remove the responsible employee from the work by force and give out a punishment or even a penalty for the error occurred. Advantage By taking this decision, it was help in reducing the cost for finding a replacement. Disadvantage If this decision is taken, it will give a bad impression to the entire employee as this is how employees are treated if a mistake/error is committed. Not to mention the huge bad impression on the society as well. ) Motivating the employees in the business by providing them a monetary rewards like bonuses, health insurances. And then also non-monetary rewards such as education. Advantage The employees will be provided with a feeling of confidence in order to perform better and make fewer errors in the business, hence focus more on the task. Disadvantage This decision may give out a wrong idea to the workers that the company does not care about the errors that are made in the business. 3) Improving training, by providing courses for new and existing workers in order t encounter any future errors that might occur in the production.Advantage The benefit of creating a more flexible wor kforce, helping to affix the flow of production, having made the workers more skilled and having more efficiency of the workers. Disadvantage It is obviously time consuming and the cost to train employees will be high. 4) Improving the environment, changing the layout of the offices, even the colours of wall and the atmosphere to work in that will suit the employees. Advantage Employees will be sufficient to work without disturbance, there will be less stress and security measures can be provided as it will help the employees work in a flexible manner with less worries and stress.Disadvantage It is time consuming and the cost to train can also be high. Choose the best solution For the problem which had occurred in the factory, a number of alternative actions were drawn out and out of them, the most effective decision in my opinion would be the ternion option, which is improving training for the employees. It is a decision that has been chosen so that workers feel more confiden t and less nervous while doing their job as they will be more skilled and perform better than before with less problems to occur in the factory. This decision has been taken so that employees will be able to work together more flexibly.It is advised that the other alternatives should also be used but after the training solution, so that performances of individuals will also increase with time. It is highly advised not to use the first option, which is getting rid of and punishing the employees as the Japanese are communitarians as it will have a bad impression on the workers as well as the society in various aspects. Cross Cultural Communication Assignment Who Made A Serious Mistake? Name Asad Mudeer Student I. D. 7639 Class and Batch C-4, Evening Faculty Dr. Sharon

Comparing and Contrasting Thomas Hobbes and John Locke Essay

doubting Thomas Hobbes and John Locke were two of the great political theorists of their time. They both provided wonderful philosophical texts on how our government should govern us. This paper will show the largest differences and some of the similarities between Thomas Hobbes Leviathan and John Lockes Second Treatise on Civil Government. Although they do have some similarities, Hobbes and Locke have antithetic views on to the highest degree of their political arguments, and I will expand on their differences on the recite of nature, government, and social contract.Hobbes view of the state of nature and Lockes view of the state of nature offer remarkable differences. Hobbes believed people act on their own self-interest, and they would go to any extreme to help themselves. He believed we are always in competition with each otherwise for the best food, shelter, m wizardy, and so on. Hobbes believed the best way to value citizens would be to have a sovereign that is intimidating and all-powerful.The view Locke had on the state of nature is conceptually different. Lockes view of the state of nature says that military man have limits as to what we should or should non do, but he believed that humans are generally nice to one another, and we will not bother one another. Therefore, in Lockes state of nature, humans are peaceful. Hobbes, however, believes that humans live in a state of war and fight with each other constantly.Hobbes and Locke did not have many of the same views on government. Though it is not directly stated in his text, most historians believe Hobbes was a supporter of absolute monarchy. He believed the government should have absolute authority over all the citizens. He believed if such a government did not exist, we would live in a arena of turmoil. The sovereign (government) has the obligation of keeping the peace and, when need be, national defense. The sovereign establishes all the laws, and has complete legislative, judicial, and execu tive authority.Lockes view of government is precise different from Hobbes. Locke believespeople should have a say in government, and Hobbes would disagree with this statement. Hobbes believes that the sovereign should own all the land, but Locke believes that property is privateGod gave us this property, and we should usance and enjoy it. Locke is also a supporter of the market economy. He believes that when one invests his own labor, whatever he makes should become his own private property.Government is very much linked with Hobbes and Lockes views on social contract. Social contract binds the people and the government together. Hobbes thinks that citizens should relinquish all of their rights to the sovereign, because the sovereign knows what is best for them. Theoretically, in Hobbes view, there actually is no contract, because the citizens have no rights. His view of social contract is more like a covenant. The only time the citizens can say no to a sovereign is when the sove reign threatens self-preservation. For example, citizens may be interrogated for a crime, but they do not have to confess.Lockes view of social contract is essentially different from that of Hobbeshis view is not as well defined. Locke believes a social contract is an agreement made between citizens who institute a government to impede people from occasionally violating the natural laws. Locke believes the contract between the people and the government should be conditional. For the government to have the obedience and loyalty of the citizens, the government must commit certain functions and act appropriately.Although they have several differences, Thomas Hobbes and John Locke do share some of the same beliefs. Both Hobbes and Locke were passionate about politics, and they both treasured to promote the common good. Both theorists believed in the state and laws of nature they just had different interpretations of it. Also, both Hobbes and Locke both believed that people are free and equal in the state of nature. Hobbes and Locke both believed that the primary purpose of the government is to protect people. However, if the government does not protect the citizens, the citizens can revolt and go against or above the sovereign. The most important similarity between Thomas Hobbes and John Locke, however, is that their works were influential inshaping people and government in regards to how a society should operate.Thomas Hobbes and John Locke were the two most influential political theorists of their time. However, they had opposing views on almost every political issue. Their theories stem from their dissenting opinions about who should be the reduce of government Hobbes believed there should be a monarch, while Locke supported Parliament. Examples of both mens thoughts and opinions can be found throughout history. France and some other European countries sided with Hobbes and had absolute monarchies, while England and later the American Revolution used Locke s thoughts in developing their governments. Hobbes and Locke wrote about and educated the citizens about the two extremes of lead governments, and their opinions were so valuable that we still study them today, hence this paper.

Krispy Kreme

Krispy Kreme Doughnuts, Inc. FIN Professor XXX XXXX Month xx, xxxx duty relationship Krispy Kreme was founded by Vernon Rudolph after he bargain ford the illustrious secret rule of yeast-raised doughnuts in 1937 from a French chef in New Orleans. Rudolph began to sell these doughnuts in large quantities to super grocery stores. The supplicate for his doughnuts grew quick, and by cutting a hole in the contend of the factory to sell directly to customers the fancy of Krispy Kreme retail hive a trends was born. The retail c at a timept for Krispy Kreme doughnuts allowed Rudolph to grow his factory stores to 29 shops in 12 states by the modern 1950s.When Rudolph died in 973 Beatrice Foods bought his phoner and spread out it to to a greater extent(prenominal) than 100 locations and exaggerateed the menu to include soups and sandwiches. Beatrice try to shrivel up costs by changing the appearance of the stores and victimization seedyer ingredients. This negatively affe cted the comp whatsoever and Beatrice sold the ships company to a group of prerogative owners. This group of owners was led by Joseph McAleer, who was the first Krispy Kreme franchisee. The leveraged buyout was completed for $24 cardinal in 1982. The new group brought back the original recipe and logo.By 1989 the group was al more or less debt free and they were seed to expand. The company chief executive officer, Scott Livengood, similarlyk the company public in April of 2000. The dish out bell after the first day was $40. 63. Holes in Doughnut Accounting Practices In whitethorn of 2004 Krispy Kreme inform to its investors that they should stand net profit to be 10% deject than predicted. It was at this time that the low-carb diet had yieldn the U. S by storm, and Krispy Kreme blamed this low-carb diet for their low wholesale and retail sales.They to a fault de none the sales of a the meitnerium Mills bakery chain of 28 bakery cafes that had been acquired in January of 2003 for $40 billion in stock(a). Krispy Kreme also announced that the live Doughnut and Coffee Shops were falling short of expectations and three of them were terminal at a cost of $7 to $8 million. Krispy Kreme (KKD) stock price closed down 30% that day. Shortly after on May 25th, 2004 when the hem in high substance Journal published a story about how Krispy Kreme handled is account statement for franchise acquisitions.According to the condition Krispy Kreme recorded the wager paid by the franchisee as fill income for immediate profit, except that Krispy Kreme booked the purchase cost of the franchise as an intangible asset and did non amortize it. In the repurchase commensurateness of the 7 stores in Michigan, they allowed one of the franchises top executives to stay on with the company after the repurchase. This executive go forth the company shortly after closing the deal, and had to pay him $5 million in severance which Krispy Kreme also rolled into the unamor tized-asset category. Krispy Kreme claimed it followed GAAP standards and had done nonhing wrong.The final habilitate to drop as on July 29th, 2004 when Krispy Kreme announced that the Securities and Exchange Commission (SEC) had launched an everyday investigation related to franchise reacquisitions and the companys previously announced reduction in earning guidance. Krispy Kreme (KK) sh bes fell an former(a)(a) 15%. The revelations about the companies accounting practices and demonstrate interest as immediate income and not amortizing the repurchased franchises but rather showing them as intangible assets alone could release the devaluation of their stock price by approx. 45%.Couple their earnings right and the announcement of store closings and it easily grass be justified. Couple that with the fear of the unknown. If Krispy Kreme was treating their interest and reacquired franchises as they were which seems to be blatantly wrong, what else index the SEC let on during the ir investigation? This fear would certainly drive investors away and their shargon price down. The facts along with its ratings being dropped by 50% of analysts to Hold from buy a few months earlier. Krispy Kreme belatedly Fried and Possible Deeper Issues Krispy Kreme grew incredibly quickly in the familys leading up to the nvestigation (as shown in the chart below) and then(prenominal) may have tried to carry through Wall Street expectations through almost confutative practices such as shipping more reaping or pulling ahead product orders, then allowing the orders to be returned shortly after for credit. attestation by a origin sales manager at a Krispy Kreme outlet in Ohio, tell a regional manager ordered that retail store customers be sent double orders on the last Friday and Saturday of the 2004 financial year, explaining that Krispy Kreme wanted to boost the sales for the fiscal year in order to meet Wall Street projections. The witness said the manager explained th at the doughnuts would be returned for credit the following week once fiscal 2005 was under way (Chin, 2005). It seems pretty clear that Krispy Kreme was using suspicious methods to inflate profits. Investors also subsequently found out that Scott Livengood (CEO), the former COO John W. Tate, and the former CFO Randy Casstevens, unloaded more than 475,000 sh ars of Krispy Kreme stock for proceeds of $19. 8 Million, (Chin, 2005) period they were in full awargon sales were declining since January of 2003.During this investigation, Scott Livengood, Krispy Kremes CEO announced his retirement. It would seem to me that there may be rough deeper issues with Krispy Kreme and if I were a shareholder I would want out, or to be certain that Krispy Kremes accounting mess was cleaned up. The chart below shows Krispy Kremes performance during the years leading up to the investigation. Krispy Kreme Re-make Fresh instantly Krispy Kremes stock has not full recovered, (see chart below), but a s of the end of 2012 Krispy Kreme seems to have made a comeback. Krispy Kreme Doughnuts, Inc. Krispy Kreme) is a retailer and jobber of doughnuts complementary beverages and treats and packaged sweets. The ships companys principal business is owning and franchising Krispy Kreme stores, at which a variety of doughnuts, including the guilds Original Glazed doughnut, are sold and distributed unneurotic with complementary products, and where a broad get down of coffees and other beverages are unfolded. As of January 29, 2012, there were 234 Krispy Kreme stores operated domestically in 38 states and in the District of Columbia, and there were 460 shops in 20 other countries around the world.Of the 694 total stores, 292 were factory stores and 402 were satellites. The Company operates in four segments Company Stores, domestic franchise stores, international franchise stores, and the KK Supply arrange (Krispy Kreme Doughnuts). As of close of business on Friday last week KKD traded a t $14. 80, way below its thrill when the stock traded in the $40s but it is double its all-time low. Krispy Kreme doughnuts (KKD as of March 22, 2013 When compared to its competitors Krispy Kremes P/E is 49. 33. This is much high than the others but its P/S is in the middle.Krispy Kremes competitors are listed as Dunkin Brands Group, Einstein Noah restaurant Group, and Starbuck Corporation. to a lower place is the direct competitor comparison. Direct Competitor Comparison KKD DNKN BAGL SBUX exertion Market Cap 989. 57M 3. 94B 253. 09M 42. 99B 384. 28M Employees N/A 1,104 6,912 160,000 10. 87K Qtrly Rev Growth (yoy) 0. 16 -0. 04 -0. 04 0. 11 0. 30 tax income (ttm) 435. 84M 658. 18M 427. 01M 13. 66B 453. 84M Gross Margin (ttm) 0. 17 0. 79 0. 21 0. 57 0. 31 EBITDA (ttm) 47. 93M 304. 86M 48. 46M 2. 46B 47. 5M Operating Margin (ttm) 0. 09 0. 38 0. 07 0. 14 0. 07 Net Income (ttm) 20. 78M 108. 18M 12. 74M 1. 43B N/A EPS (ttm) 0. 30 0. 93 0. 74 1. 86 0. 78 P/E (ttm) 49. 33 39. 95 2 0. 01 30. 87 29. 99 PEG (5 yr expected) 1. 02 1. 58 0. 98 1. 43 1. 50 P/S (ttm) 2. 24 5. 96 0. 59 3. 13 1. 04 Suggestions for a Krisp/Klean Future reservation Doughnuts I three things I might suggest if I were the CFO for Krispy Kreme doughnuts would be to in authoritative unclouded conference with investors and insure them that internal auditing systems are in place.Im sure that investors lost all reliance in the previous management because of the question fitted practices that were followed. Krispy Kreme needs to rebuild that trust by having open lines of communication with its investors. I would take a sombre look at closing unprofit fitting stores, and research other markets to open more stores. Some areas may still be underperforming while others are booming. Concentrate on the areas that show better potential and take advantage of that market while it is supporting growth. Because their competitors seem to offer expanded menus I would concentrate on healthy choices f or the lunchtime crowd.Everyone is aware of Krispy Kremes doughnuts, but Im not so sure their other menu pointednesss are well known as an option for lunch/brunch. Other than the dayspring rush for doughnuts, they could make their stores more profitable with being the go to spot for lunch also. References Chin, N. (2005). Krispy Kreme Dougnuts Empty calories or empty profits? Retrieved from http//www. corporateconflicts. com/index-sb-cases-kk. html Krispy kreme doughnuts. (n. d. ). Retrieved from http//www. google. com/finance? client=ob&q=NYSEKKDKrispy KremeKrispy Kreme Doughnuts, Inc. FIN Professor XXX XXXX Month xx, xxxx History Krispy Kreme was founded by Vernon Rudolph after he purchased the famous secret recipe of yeast-raised doughnuts in 1937 from a French chef in New Orleans. Rudolph began to sell these doughnuts wholesale to supermarkets. The demand for his doughnuts grew quickly, and by cutting a hole in the wall of the factory to sell directly to customers the concept of Krispy Kreme retail stores was born. The retail concept for Krispy Kreme doughnuts allowed Rudolph to grow his factory stores to 29 shops in 12 states by the late 1950s.When Rudolph died in 973 Beatrice Foods bought his company and expanded it to more than 100 locations and expanded the menu to include soups and sandwiches. Beatrice tried to reduce costs by changing the appearance of the stores and using cheaper ingredients. This negatively affected the company and Beatrice sold the company to a group of franchise owners. This group of owners was led by Joseph McAleer, who was the first Krispy Kreme franchisee. The leveraged buyout was completed for $24 million in 1982. The new group brought back the original recipe and logo.By 1989 the group was almost debt free and they were beginning to expand. The company CEO, Scott Livengood, in additionk the company public in April of 2000. The share price after the first day was $40. 63. Holes in Doughnut Accounting Practices In May of 20 04 Krispy Kreme announced to its investors that they should expect earnings to be 10% lower than predicted. It was at this time that the low-carb diet had taken the U. S by storm, and Krispy Kreme blamed this low-carb diet for their low wholesale and retail sales.They also announced the sales of a the Montana Mills bakery chain of 28 bakery cafes that had been acquired in January of 2003 for $40 million in stock. Krispy Kreme also announced that the Hot Doughnut and Coffee Shops were falling short of expectations and three of them were closing at a cost of $7 to $8 million. Krispy Kreme (KKD) stock price closed down 30% that day. Shortly after on May 25th, 2004 when the Wall Street Journal published a story about how Krispy Kreme handled is accounting for franchise acquisitions.According to the article Krispy Kreme recorded the interest paid by the franchisee as interest income for immediate profit, except that Krispy Kreme booked the purchase cost of the franchise as an intangible asset and did not amortize it. In the repurchase agreement of the 7 stores in Michigan, they allowed one of the franchises top executives to stay on with the company after the repurchase. This executive left the company shortly after closing the deal, and had to pay him $5 million in severance which Krispy Kreme also rolled into the unamortized-asset category. Krispy Kreme claimed it followed GAAP standards and had done nothing wrong.The final shoe to drop as on July 29th, 2004 when Krispy Kreme announced that the Securities and Exchange Commission (SEC) had launched an informal investigation related to franchise reacquisitions and the companys previously announced reduction in earning guidance. Krispy Kreme (KK) shares fell another 15%. The revelations about the companies accounting practices and showing interest as immediate income and not amortizing the repurchased franchises but rather showing them as intangible assets alone could justify the devaluation of their stock price by approx. 45%.Couple their earnings decline and the announcement of store closings and it easily can be justified. Couple that with the fear of the unknown. If Krispy Kreme was treating their interest and reacquired franchises as they were which seems to be blatantly wrong, what else might the SEC find during their investigation? This fear would certainly drive investors away and their share price down. The facts along with its ratings being dropped by 50% of analysts to Hold from buy a few months earlier. Krispy Kreme Deep Fried and Possible Deeper Issues Krispy Kreme grew incredibly quickly in the years leading up to the nvestigation (as shown in the chart below) and then may have tried to meet Wall Street expectations through some questionable practices such as shipping more product or pulling ahead product orders, then allowing the orders to be returned shortly after for credit. Testimony by a former sales manager at a Krispy Kreme outlet in Ohio, said a regional manager ordered t hat retail store customers be sent double orders on the last Friday and Saturday of the 2004 fiscal year, explaining that Krispy Kreme wanted to boost the sales for the fiscal year in order to meet Wall Street projections. The witness said the manager explained that the doughnuts would be returned for credit the following week once fiscal 2005 was under way (Chin, 2005). It seems pretty clear that Krispy Kreme was using questionable methods to inflate profits. Investors also later found out that Scott Livengood (CEO), the former COO John W. Tate, and the former CFO Randy Casstevens, unloaded more than 475,000 shares of Krispy Kreme stock for proceeds of $19. 8 Million, (Chin, 2005) while they were fully aware sales were declining since January of 2003.During this investigation, Scott Livengood, Krispy Kremes CEO announced his retirement. It would seem to me that there may be some deeper issues with Krispy Kreme and if I were a shareholder I would want out, or to be certain that Kri spy Kremes accounting mess was cleaned up. The chart below shows Krispy Kremes performance during the years leading up to the investigation. Krispy Kreme Re-made Fresh Today Krispy Kremes stock has not fully recovered, (see chart below), but as of the end of 2012 Krispy Kreme seems to have made a comeback. Krispy Kreme Doughnuts, Inc. Krispy Kreme) is a retailer and wholesaler of doughnuts complementary beverages and treats and packaged sweets. The Companys principal business is owning and franchising Krispy Kreme stores, at which a variety of doughnuts, including the Companys Original Glazed doughnut, are sold and distributed together with complementary products, and where a broad array of coffees and other beverages are offered. As of January 29, 2012, there were 234 Krispy Kreme stores operated domestically in 38 states and in the District of Columbia, and there were 460 shops in 20 other countries around the world.Of the 694 total stores, 292 were factory stores and 402 were sat ellites. The Company operates in four segments Company Stores, domestic franchise stores, international franchise stores, and the KK Supply Chain (Krispy Kreme Doughnuts). As of close of business on Friday last week KKD traded at $14. 80, way below its heyday when the stock traded in the $40s but it is double its all-time low. Krispy Kreme doughnuts (KKD as of March 22, 2013 When compared to its competitors Krispy Kremes P/E is 49. 33. This is much higher than the others but its P/S is in the middle.Krispy Kremes competitors are listed as Dunkin Brands Group, Einstein Noah restaurant Group, and Starbuck Corporation. Below is the direct competitor comparison. Direct Competitor Comparison KKD DNKN BAGL SBUX Industry Market Cap 989. 57M 3. 94B 253. 09M 42. 99B 384. 28M Employees N/A 1,104 6,912 160,000 10. 87K Qtrly Rev Growth (yoy) 0. 16 -0. 04 -0. 04 0. 11 0. 30 Revenue (ttm) 435. 84M 658. 18M 427. 01M 13. 66B 453. 84M Gross Margin (ttm) 0. 17 0. 79 0. 21 0. 57 0. 31 EBITDA (ttm) 47. 93M 304. 86M 48. 46M 2. 46B 47. 5M Operating Margin (ttm) 0. 09 0. 38 0. 07 0. 14 0. 07 Net Income (ttm) 20. 78M 108. 18M 12. 74M 1. 43B N/A EPS (ttm) 0. 30 0. 93 0. 74 1. 86 0. 78 P/E (ttm) 49. 33 39. 95 20. 01 30. 87 29. 99 PEG (5 yr expected) 1. 02 1. 58 0. 98 1. 43 1. 50 P/S (ttm) 2. 24 5. 96 0. 59 3. 13 1. 04 Suggestions for a Krisp/Klean Future Making Doughnuts I three things I might suggest if I were the CFO for Krispy Kreme doughnuts would be to insure open communication with investors and insure them that internal auditing systems are in place.Im sure that investors lost all trust in the previous management because of the questionable practices that were followed. Krispy Kreme needs to rebuild that trust by having open lines of communication with its investors. I would take a serious look at closing unprofitable stores, and research other markets to open more stores. Some areas may still be underperforming while others are booming. Concentrate on the areas that sho w better potential and take advantage of that market while it is supporting growth. Because their competitors seem to offer expanded menus I would concentrate on healthy choices for the lunchtime crowd.Everyone is aware of Krispy Kremes doughnuts, but Im not so sure their other menu items are well known as an option for lunch/brunch. Other than the morning rush for doughnuts, they could make their stores more profitable with being the go to spot for lunch also. References Chin, N. (2005). Krispy Kreme Dougnuts Empty calories or empty profits? Retrieved from http//www. corporateconflicts. com/index-sb-cases-kk. html Krispy kreme doughnuts. (n. d. ). Retrieved from http//www. google. com/finance? client=ob&q=NYSEKKDKrispy KremeINTRODUCTION First, I pull up stakes argue the environment of Krispy Kreme and my analysis as to what led to the companys line in 2004. Second, I will discuss the financial health and current condition based upon the historical income statements and balance planing machines. Third, I will discuss the financial ratios in relation to the financial statements. Fourth, I will discuss if Krispy Kreme was financially healthy at the end of 2004. Fifth, I will discuss my assessment of Krispy Kremes health and why I think the stock price dropped by 80% between 2003 and 2004.Sixth, I will discuss why I think the market reacted so negatively to the disclosures about adverse results and the revelations in the Wall Street Journal regarding the firms accounting methods for the franchise rights. Lastly, I will provide my recommendations for spell around Krispy Kreme Doughnuts business. COMPANY POSITION Krispy Kreme Doughnuts started small by selling directly to grocery stores. Their doughnuts became so everyday they began selling directly to customers. They sold a delicious doughnut and a viewing experience.When Beatrice Foods bought the company, her business theoretical account did not succeed because it expanded the product line in the opposite direction of what consumers wanted and she inputted cheap ingredients into a popular recipe which sacrificed taste. When she sold the company to the group of franchisees, it pushed the company back into a positivist direction by bringing back the original recipe. Krispy Kreme was debt-free by 1989 and their IPO left them with a market capitalization of nearly $500 million in 2000.They appeared to be on the right track but, it seemed they were expanding too rapidly. They allowed franchisees to place their stores in locations that were not favorable, resulting in the franchises not doing well enough and owing Krispy Kreme Doughnuts millions. Krispy Kreme relied on the income from franchised stores purchases of equipment and mixes too much. They also had their product in too many locations, creating an increase of supply and a decrease in demand. HISTORICAL FINANCIAL STATEMENT ANALYSISOn get on analysis of the historical income statement, it seems that Krispy Kreme Doughnuts run ex penses are increasing in stages every year and are over 75% of total revenues for each year. The only income statement item that has decreased significantly was interest income from 2002 through 2004. Everything else seemed to point towards a profitably company because both consummate(a) profit and sack up income were increasing by at least 2% every year. On further analysis of the historical balance sheet there we some large red flag items.Property and equipment, displace of depreciation was a significant portion of total assets each year. Most of the equipment they created was sold to franchisees and used in each company owned or franchisee owned factory stores. The significant amount on their balance sheet could have meant that they were manufacturing equipment faster than they were selling it to their franchises or due to the fact that they were expecting to expand, but were not able to expand to the extent they wanted to. As a percent of total assets, accounts receivable d eclined from 17% in 2000 to 7 % in 2004.Inventories were significantly increasing each year, but one would assume that some of their pedigree would have to be written of due to the items expiration date (doughnuts can only last so long, so they appear to not be selling as much). Reacquired franchise rights, goodwill and other intangibles significantly increased starting in 2002, and every year after that. It rose in those years to be close to one third (30%) of total assets, which was the biggest item percentage wise other than property and equipment. The most significant item on the liabilities and shareholders equity section of the balance sheet is green stock.Every year common stock was close to 50% of total liabilities and shareholders equity. In my opinion, Krispy Kreme Doughnuts, recognized they were in trouble with the increasing failures of franchises and unploughed issuing more stock in hopes to bail themselves out. FINANCIAL RATIO ANALYSIS In salute seven the time seri es of the ratios raise one specific question. The inventory turnover raises the question as to why it was taking longer for their inventory to sell. When converted to days, the ratio determined that their inventory took over 23 days to turnover in 2003.It seems that Krispy Kreme Doughnuts inventory was over saturated in the market. With an abundance in supply, it seems that their doughnuts were not as in demand. When comparing Krispy Kreme Doughnuts financial ratios to others in the industry, I determined that Krispy Kreme was doing better in some areas than those in the industry such as with their liquidity ratios. Krispy Kremes liquidity ratios were significantly higher than any company in its industry. In other areas, such as profitability ratios, Krispy Kreme was about average compared to other companies.Krispy Kremes activity ratios were significantly lower than any other company in its industry, meaning their assets are not turning over as much as other companies. In such an industry, product seems to move fast, which further supports my notion that their product was becoming less popular due to the saturated market. It seems a lot more companies in this industry support operations with debt rather than capital, Krispy Kreme was doing the opposite. Exhibit nine supports this position because no other company had a significant amount of shareholders equity like Krispy Kreme.Other companies were better able to handle their operating expenses keeping them closer to 50% of net sales, unlike Krispy Kreme who kept theirs closer to 75%, but Krispy Kreme also had a higher percent of net sales in relation to operating profit and profit before taxes. FINANCIALLY HEALTHY AT YEAR END 2004? In my opinion, Krispy Kreme Doughnuts is not completely healthy at the financial year end of 2004. Their income statement shows an increased net income from the year before, but I believe that increase can only last so long.With the inability to expand further, and current operat ions decreasing more than they are making, I do not expect their net income to increase by year end 2005. Everything on their balance sheet is increasing, including their inventory. They need to realize that they are simply not selling product. Although their debt is low, that is from the increasing stockholders equity in the form of stocks. With the outlook of the company not good, they cannot expect to support their operations with the issuance of new stock. They need to find a new way to finance their operations and ecrease their operating costs. STOCK PRICE DECREASE AND NEGATIVE MARKET REACTION In my opinion investors recognized the same warning signs that I did when analyzing Krispy Kreme Doughnuts financial statements and decided to drop their losses while they could still make some kind of profit selling off the stock. When Krispy Kreme announced to investors to expect earnings to be 10% lower than anticipated, claiming that the recent low-carbohydrate diet trend in the US ha d hurt wholesale and retail sales, I think they further expected that something was not right with the picture they were portraying.The Wall Street Journal article, revealed an accounting practice that was not commonly followed by others in Krispy Kremes industry. When the SEC launched an informal investigation into the franchise reacquisitions, investors jumped ship as fast as they could. The significant decrease in stock from 2003 to 2004, was investors getting nervous and protecting themselves from their stock being worth near nothing. RECOMMENDATIONS In my opinion Krispy Kreme Doughnuts needs to make radical changes to the way it conducts business.I think they should completely stop off-premise sales, making their product only available in factory stores. This would hopefully decrease their inventory and decrease operating expenses related to the fleet of trucks that press home product to grocery stores. Selling their product in factory stores only will hopefully wager the de mand for the doughnuts that there once was. I also believe that they should decrease the amount of franchises and refocus to company owned stores.Franchisees might not properly know how to pick a location or be properly trained, as seen with the increase of failing franchises. This would decrease the large amount on their balance sheet from reacquiring franchises. Focusing their business to one or two types of primary sources of income and reducing expenses would be a way to help lower market saturation of their product. Having more company owned factory stores, provides Krispy Kreme a vista to have more control over their operations and not depend on franchisees to make a profit for them.

Shangri-La Hotel

enlightenment Hotels and Resorts Overview Shangri-La Hotels and Resorts are renowned hotel management companies operating prominently in the center East. The hotel is considered as a status symbol for upper class people reflecting the let and honorable status in the society. The hotel provides facility of services which is suitable for both business travelers as sanitary as for people traveling for leisure and on vacation.The first of Shangri-La hotels was found in capital of Singapore in the year 1971 and now this Hong Kong based hotel chain has grown as one of the largest hotel management companies acquire a number of awards and accolades. The hotel chain operates more than 49 high class hotels and resorts in key cities of Asia and the Middle East. The first venture of the hotel chain was established in Singapore by the Kuok Group which is a international conglomerate managed by Westin until the year 1983. The name of the chain was changed to Shangri-La International Hotel M anagement Limited in the year 1983.In the year 1989, the Company established a sister concern Traders Hotels in Beijing with the object of meeting the demand from the business travelers at affordable prices. Shangri-La Asia bought the hotel chain in 1997, at which sequence the group was called Shangri-La Hotels & Resorts. The hotel chain is owned by Shangri-La Asia Limited, a Hong Kong based company. Shangri-La hotels and resorts is the subsidiary of Shangri-La Asia Limited and the shares of Shangri-La are listed in the Hong Kong Stock Exchange. The Kuok Group continues to hold the despotic interest in Shangri-La Asia Limited

Prequel to Of Mice and Men Essay

Said George.. The must beautiful woman ive invariably seen in my sad and lonely life, answe release Jackson. Jackson paused for a mo workforcet and stared, warm come ere, say Jackson as he waved Lennie and George towards the door,. Set your eyes on that boys. Lennie and George rushed to the door and peered pop verboten(a), they could see a perfectly figured woman with slick brown hair eroding a rosy red tog out down to her knees with her crafted legs shining in the Californian sun, she seemed akin a fairy tale locomote with a red wild orchid in her hand. George said, Who is she? Whats a beautiful gal the interchangeables of that doing in a hell hole of a place with a spreadhead? .Shes the stomps untried woman I believe, she doesnt come here often, she dear comes to visit her father at a time in a while, she loves it here, totally peaceful and all o men, the hell I do for a gal like her, Jackson replied with a sigh. then why dont you go out in that respect and talk to her? asked Lennie ease staring at the beautifully coloured girl. Hell no, if the boss finds out I been talking to his daughter hed kick me out of the ranch without any give its a fools game to go playing around with any bosss daughter. George with his hands on his hips turned away and said, Yeah well thats fair another topic guys like us cant have in this world.Jackson looked at George and sighed once more and walked out past Lennie who was still stood at the door. What you doin Lennie? . Lennie looked straight to the floor and replied, N.. n no social function George I was, I was jus looking at that pretty lady out on the. the, before Lennie could finish George interrupted and walked up to Lennie and said in a unwelcoming manor, Listen Lennie, you stay away from her you hear me? Yes George, said Lennie in an defensive sense. I mean it Lennie, stay away from her and stay out o trouble. Ye ye yes George I look for, stuttered Lennie. Lets get some sleep, gone be a hard da y tomorrow, George said assertively.Lennie walked towards his contend with his hand in his pocket, he turned to face the wall, George looked at his back and could see his arms vellication as if he was moving his fingers, What you doing Lennie? George said sternly. Lennie jumped and put something in his pocket and quickly stood up, Whats that you just put in your pocket Lennie? Nothing George. I said whats that in your pocket Lennie , ingeminate George raising his voice. Empty your pocket , George exclaimed. Lennie slowly put his hand in his pocket and picked out a little setback that seemed to be dead, Lennie what have I told you about those damn mice, you killed the poor little thing by petting it too damn hard, you got to be careful, you cant go round killin little animals all the time,.I didnt mean to George it was just in my pocket and I , Lennie said in a stutter George grabbed the mouse from Lennies strong hands and threw it out the window, when George turned round he t ruism that Lennie had moved onto his bed all curled up and go about the wall. George sighed and tucked himself into bed. The next morning the men were woken up by a bell and the sun was shooting through the tattered window of the ranch house, birds were singing and thither was a gentle breeze in the air to comfort the stabbing rays of sunshine bearing down on the vast brown crop filled landscape5/10/2007. Lennie and George got up for eat and were happy to finally have a nice warm day.George was getting ready putting his gloves on to start carrying grain bags when he noticed that his partner Lennie was with him, George carried on working because he knew that the boss wouldnt be happy if he halt working. Soon the lunch break came and George was worried about if Lennie got lost(p) of in trouble of some sort, George went searching for him all everyplace the ranch and he came to the barns where they keep grand machinery and stacks of hay weighing tonnes 20 feet high, George could hear talking in one of them, he stopped outside and listened and he could hear that it was Lennie talking inside with also a soft womans voice aswell.Whats a big boy like you doing in this barn? , asked the girl. I was just looking for , for a mouse I saw run in here, replied Lennie with his eyes gazing at the floor not as yet looking at the girl. A mouse? Why you looking for a mouse? Arent you hypothetic to be working? , asked the girl, Lennie looked up and could see it was the girl he saw last night and she was wearing that same rosy red dress that he couldnt keep his eyes off, I like your dress, said Lennie smiling with a huge smile on his face, Why thank you young man, the girl said starting to blush, the girl moved closer to Lennie and Lennie shot his head facing the floor again. Whats the matter big guy?, asked the beautiful girl, Lennie looked up again and stared at the girls dress for a moment, he reached out his hand and touched the bottom cloth of the dress and he has a s mile of his face that could have been seen miles away, suddenly the girl cried out squawking is disarray as if she had been attacked, George rushed in and could see Lennie holding onto this girls dress and his face all confused and scared, as the girl was fighting Lennie just gripped on tighter because he didnt know what to do, George shouted at Lennie, Let go Lennie Leg go . Lennie wouldnt let go, he was all messed up about the whole thing, in the end George had to hit him over the head to make him let go, the girl ran off cheering to the top of her voice, George drabbed Lennie and told him, We gotta get out o here now Lennie you stupid son of a bitch . George could hear more shouting coming from the fields and dogs barking, George shouted at Lennie,You always have to touch things dont ya Lennie, anything you like you just have to touch . George and Lennie ran towards the empty ranch house and grabbed what they needed quickly, the barking dogs were getting louder and closer and th ey knew that they had to earmark Weed fast. They made their way behind the ranch house into a long but narrow-minded barley field that hadnt been harvested yet, there were small irrigation ditches either side of the field filled with dusky stagnant water which had been boiling in the baking heat of the midday. Lennie and George sprinted as fast as they could data track down the left edge of the field, the dogs and the angry mob were just popping over the view of George and Lennie,Quick down here, George shouted as he grabbed Lennies arm and tugged him into the warm unpleasant water, there was a big splash as Lennie entered the water, Come to the edge Lennie quick , ordered George, Lennie scuttled moving spectacular forces of water to reach George. They both cooped themselves tight against the bank hiding among reeds hoping not to be seen by a passing patrol, Now keep quiet Lennie, we dont want to get into any more trouble, Said George, Ok George im sorry I didnt mean to get in n o trouble I didnt, Lennie answered while covering his head with wild grass. The day went on longingly, with them still hiding from the men back in the ranch who still pursued their search.To the south west there was a great wood filled with pine trees standing tall, the sun was setting casting a reddened shadow across them. When it gets dark enough Lennie were going to make our way over in them trees, George said sternly, Ok George ok. The sun set still leaving a glow over the vast landscape, George and Lennie made their way into the woods. A few miles south of Soledad, the Salinas river drops in close to the hillside bank and runs racy and green Show preview only The above preview is unformatted text This student written spell of work is one of many that can be found in our GCSE John Steinbeck section.

The Role of Forensic Accountants in Corporate Governance

FORENSIC explanation & FRAUD INVESTIGATION ASSESSMENT TASKS 1 THE ROLE OF FORENSIC ACCOUNTANTS IN CORPORATE GOVERNANCE incarnate governance is defined as the formal mechanism of direction, supervision and control put in typeset within a companionship in devote to monitor the decisions and actions of its senior managers and ensure these are congenial and consistent with the specific interest of shareholders and the various other interests of shareholders who contribute to the operations of the comp whatsoever.forensic Accountants are experiencedinvestigatorsof statutoryandfiscal documentsthat are hired to look into possible suspicions offraudulentactivity within a company or are hired by a company who may just want to prevent fraudulent activities from occurring. They also provide services in areas such as accounting,antitrust, damages, analysis, valuation, and general consulting. forensic accountants curb also been phthisisd indivorces,bankruptcy, insurance claims,personal injuryclaims, fraudulent claims, construction,royaltyaudits, and tracking terrorism by investigating financial records.forensic Accountant should flummox the following skills and cognition to serve as an strong forensic Accountant. 1. Ability to identify frauds with minimal initial information The Forensic Accountant needs to be able to identify the possible scheme, the possible manner it was perpetrated and potentially effective procedures to prove or confute the potential fraud. 2. Interviewing The Forensic Accountant get involved in interviewing in the course of seeking endorse and information. Forensic Accountant must be a way that the process ensures the reason is admissible in a court of law. . Mind set A successful Forensic Accountant has a legitimate mind-set that includes several abilities. He or she is able to think like a crook. 4. Knowledge of evidence It is imperative that Forensic Accountant understand the rule of evidence in court and how to conduct the invest igating from the beginning as if all evidence will make it to a court of law. 5. Presentation of findings The Forensic Accountant must have the ability to clearly communicate the findings resulting from the investigation in way understandable to the layperson.Forensic accountants think creatively to consider and understand the tactics that a fraud perpetrator may use to commit and conceal fraudulent acts. Additionally, they need to clearly and concisely communicate findings to various parties, including those with less knowledge of accounting and auditing. Forensic accountants that are not part of the organization or company. They are hired in order to investigate the internal andexternal performanceof the company, connected with theaccounting process. They provide independent opinion. use of goods and services of Forensic accountantsForensic accountant can play their vital single-valued function to improve bodily governance in a company. Forensic Accountants assists in addressi ng allegations ranging from kickbacks and wrongful dismissals to internal situations involving allegations of management or employee wrongdoing. * With a strong range knowledge of the legal and institutional requirements of corporate governance, a forensic accountant can attention to manufacture and establish a comprehensive governance policy that * ensures an appropriate mix of management and independent directors on the board. sets out the appropriate responsibilities of the board and the audit committees. * has a fair allocation of power between owners, management, and the board. * ensures in that location is a company code of ethics for employees and management * A Forensic Accountant helps the accounting professionals to have a efficient control system and a accounting system that ensures the proper recording, classification and coverage of all relevant transactions. * Forensic accountant can monitor not only compliance at the top levels of the corporate power, but also ma nagement procedures and employee activity.Information gathered as a result of the monitor can be used to readjust and reformulate governance, ethics, and control policies. * Forensic accountants can ensure that corporate governance policies are formulated to avoid high- insecurity environments where management is apathetic, pay is inadequate or excessively high, there is a serious lack of proper training and compliance, or there are ludicrous profit and budget goals. It is also necessary to have well-defined hiring policies that result in honest, well-qualified employees. A forensic accountant can ensure the integrity of financial statements by actively investigating for fraud, identifying areas of risk and associated fraud symptoms, pursuing each anomaly aggressively, and delving into the finest details of accounting and financial anomalies * Forensic Accountants can help in creating policies that clearly state the companys intent to take strict action against any criminal activi ties, and that such action will apply to all levels of employee, without any exception. At times, a Forensic Accountant can meet with those persons affected by the allegations, rumors, or inquiries. They may view the accountant as an independent and objective party and thus be more(prenominal) willing to engage in discussions. Forensic Accountants can be hired in order to review and strengtheninternal controls, in order to determine if any summations are abstracted, or to discover if tax laws or accounting rules have been apply correctly to company transactions.They are hired in order to determine if embezzlement has occurred or, if so, how much is missing and how it was done. Conclusion Forensic accountants are currently in great demand, with the public need for honesty, fairness and transparence in reporting increasing exponentially. These forensic accountants need accounting, finance, law, investigative and research skills to identify, interpret, communicate and prevent fraud .As more and more companies look for forensic accountants and professional organizations offer certifications in the area, it is becoming evident that the forensic accountant has a skill set that is very different from an auditor or a financial accountant. The role of the forensic accountant has expanded significantly during the last several years for many reasons, including the requirement for great scrutiny on corporate governance brought about by the Sarbanes-Oxley legislation and the widespread recognition of the risks and prevalence of financial fraud in todays business environment.As a result, forensic Accountants are normally retained to support special investigations related to a broad range of subjects. This can include the financial impact of marketplace events, such as intellectual property infringement and anti-trust actions, financial reporting fraud, asset impairment and business valuation. REFERENCE Crumbley, D. Larry (2009). Journal of Forensic Accounting, www. rte dwards. com. journals/JFA/evidentiary. html, January 9.Golden, T, Skalak, S & Clayton, M 2006, A Guide to Forensic Accounting Investigation, John Wiley and Sons Latshaw, C. A. , Fraudulent Financial Reporting The Government and Accounting Profession React, Review of Business, leap 2005, pp. 13-15. Silverstone, H. and Sheetz, M. , Forensic Accounting and Fraud Investigation for Non-Experts, Wiley & Sons, Inc. , 2008. Turnbull, N. (2005) Internal Control Revised Guidance for Directors on the have Code. FRC, London.

George Orwell Essay

George Orwells How the Poor Die, is an anecdote that reflects his stay in a hospital in Paris, back in 1929. In deep detail, Orwell depict the setting, people, and what he felt towards the cast out airwave to allure readers close to the horrifying Hopital X. In this essay, Orwells use of literary and historical reference, speech use and attributery, and comparison will be discussed in terms of whether or not this essay is beliefive for groundbreaking readers.In his anecdote, Orwell utilize a lot of literary and historical references that atomic number 18 useful in explaining the genuine period that he was in. How the Poor Die is set in Paris, back in February 1929. At that point, Orwell wrote that hospitals already take for a negative image even before he wrote his anecdote. In paragraph 5, Orwell referred to a variety of literatures from the nineteenth Century. Tennysons poem, The Childrens Hospital and the conversation between Bob Sawyer and gum benzoin Allen re mast er(prenominal)s unknown for sophisticated readers.Orwell as well mentioned a few other characters from the 19th Century that also has the same consequence of hospitals. This includes George III who shrieks when surgeons approach him, and the names strainn to doctors in nineteenth-century English fiction, Slasher, Carver, Sawyer, Fillgrave and so on (paragraph 5 position 13). A brief description of literatures from the 19th century like those mentioned before allows modern readers to understand the congeneric of the negativity of hospitals and these characters.Therefore, since Orwell gathered his historical references in one paragraph, modern readers s gutter induce the ability to consider that in this paragraph, Orwell is informing readers that a lot of people have always had a negative image of hospitals, even before his stay at Hopital X. To give readers a view about the horrific Hopital X, Orwell utilise a variation of imagery to describe mostly negative perspectives a bout his experience. Orwell starting described the setting. matchless of them was the ward that he stayed in.He described it as a long, rather low, ill-lit room affluent of murmuring voices and with troika rows of beds surprisingly close together. There was a foul smell, faecal and yet sweet (paragraph 2 parentage 8). In there, not only did he give visual images, Orwell also described the sounds and also the atmosphere (smell) that he was in. Orwells detailed imagery isnt limited to the setting only. He also explained to readers shape, a interference which you privy read about in old checkup exam text-books but which till then I had vaguely thought of s one of those things they do to horses. (Paragraph 2 overseas telegrams 14-16). Elaborating the meaning of this treatment is strong for modern readers because even then, he also mentioned that readers should read about (cupping) in old medical text-books. With that explanation, modern or non-modern readers get to have th e idea of the unfamiliar treatment that the doctors gave him. early(a) than that, by notification that it is actually one of those things they do to horses, Orwell is telling readers that again, this is one of the oddness of Hopital X.It is a proficiency that Orwell used to entice readers that his experience at Hopital X is undoubtedly lowly. Orwell also manages to convince readers about his miserable experience by comparing Hopital X to hospitals in England. He compared Hopital X to hospitals in England because he happens to have an English blood. Therefore, the comparisons are mainly biased to English hospitals, and hence, more(prenominal) negativity of the French hospital is revealed. The main comparison that Orwell referred to would be the service given from the hospitals.The nurses at the Hopital X still had a tinge of Mrs. brolly (paragraph 5 berth 12), which is the complete opposite from English nurses. Mrs. gamp is another(prenominal) historical reference that Orwell m ade. ground on the footnote, Mrs. Gamp is introduced as an alcoholic who works as a monthly nurse (paragraph 19 line 2). Therefore, we can assume that a majority of nurses from Hopital X are like her or in other words, fails to give a good service to their patients. The result of this bad service makes sense to another explanation that Orwell made.When oddment occurs in Hopital X, the situation is explained as business of people just dying like animals, for instance, with nobody rest by, nobody interested, the death not even noticed till the morningthis happened more than once. (Paragraph 5 line 3). The main use of these comparisons is to assure past and current readers that French hospitals are ring by negativity. Again, this effect is useful in supporting Orwells negative point of view of Hopital X.After to the highest degree a century, Orwells anecdote still has the ability to convince readers about the misery of Hopital X. With the use of literary and historical reference, row use and imagery, and comparison between Hopital X and English hospitals, How the Poor Die unimpeachably proved modern readers about the misery of Hopital X. Therefore, it is safe to say that even if a literature is pen a ex or even a century ago, the writing would still be trenchant if the author successfully address it with deep details.George Orwell EssayGeorge Orwells How the Poor Die, is an anecdote that reflects his stay in a hospital in Paris, back in 1929. In deep detail, Orwell described the setting, people, and what he felt towards the negative atmosphere to convince readers about the horrifying Hopital X. In this essay, Orwells use of literary and historical reference, language use and imagery, and comparison will be discussed in terms of whether or not this essay is effective for modern readers.In his anecdote, Orwell used a lot of literary and historical references that are useful in explaining the current period that he was in. How the Poor Die is set in Paris , back in February 1929. At that point, Orwell wrote that hospitals already have a negative image even before he wrote his anecdote. In paragraph 5, Orwell referred to a variety of literatures from the 19th Century. Tennysons poem, The Childrens Hospital and the conversation between Bob Sawyer and Benjamin Allen remains unfamiliar for modern readers.Orwell also mentioned a few other characters from the 19th Century that also has the same impression of hospitals. This includes George III who shrieks when surgeons approach him, and the names given to doctors in nineteenth-century English fiction, Slasher, Carver, Sawyer, Fillgrave and so on (paragraph 5 line 13). A brief description of literatures from the 19th century like those mentioned before allows modern readers to understand the relation of the negativity of hospitals and these characters.Therefore, since Orwell gathered his historical references in one paragraph, modern readers still have the ability to determine that in this paragraph, Orwell is informing readers that a lot of people have always had a negative image of hospitals, even before his stay at Hopital X. To give readers a view about the horrific Hopital X, Orwell used a variation of imagery to describe mostly negative perspectives about his experience. Orwell first described the setting. One of them was the ward that he stayed in.He described it as a long, rather low, ill-lit room full of murmuring voices and with three rows of beds surprisingly close together. There was a foul smell, faecal and yet sweetish (paragraph 2 line 8). In there, not only did he give visual images, Orwell also described the sounds and also the atmosphere (smell) that he was in. Orwells detailed imagery isnt limited to the setting only. He also explained to readers cupping, a treatment which you can read about in old medical text-books but which till then I had vaguely thought of s one of those things they do to horses. (Paragraph 2 lines 14-16). Elaborating the mean ing of this treatment is effective for modern readers because even then, he also mentioned that readers should read about (cupping) in old medical text-books. With that explanation, modern or non-modern readers get to have the idea of the unfamiliar treatment that the doctors gave him. Other than that, by telling that it is actually one of those things they do to horses, Orwell is telling readers that again, this is one of the oddness of Hopital X.It is a technique that Orwell used to convince readers that his experience at Hopital X is undoubtedly miserable. Orwell also manages to convince readers about his miserable experience by comparing Hopital X to hospitals in England. He compared Hopital X to hospitals in England because he happens to have an English blood. Therefore, the comparisons are mainly biased to English hospitals, and hence, more negativity of the French hospital is revealed. The main comparison that Orwell referred to would be the service given from the hospitals.T he nurses at the Hopital X still had a tinge of Mrs. Gamp (paragraph 5 line 12), which is the complete opposite from English nurses. Mrs. Gamp is another historical reference that Orwell made. Based on the footnote, Mrs. Gamp is introduced as an alcoholic who works as a monthly nurse (paragraph 19 line 2). Therefore, we can assume that a majority of nurses from Hopital X are like her or in other words, fails to give a good service to their patients. The result of this bad service makes sense to another explanation that Orwell made.When death occurs in Hopital X, the situation is explained as business of people just dying like animals, for instance, with nobody standing by, nobody interested, the death not even noticed till the morningthis happened more than once. (Paragraph 5 line 3). The main use of these comparisons is to assure past and current readers that French hospitals are surrounded by negativity. Again, this effect is useful in supporting Orwells negative point of view of Hopital X.After almost a century, Orwells anecdote still has the ability to convince readers about the misery of Hopital X. With the use of literary and historical reference, language use and imagery, and comparison between Hopital X and English hospitals, How the Poor Die definitely proved modern readers about the misery of Hopital X. Therefore, it is safe to say that even if a literature is written a decade or even a century ago, the writing would still be effective if the author successfully address it with deep details.