Flooding in South Africa Essay Example for Free

Flooding in South Africa Essay Most floods take hours or days to create, giving occupants sufficient opportunity to plan or clear. Others happen rapidly and with small notice. These glimmer floods can be very perilous and cause significant harm to the scene and the habitants of such a region. Calamity pros have different methods of grouping floods as per their probability of happening and the force of the flood. A hundred-year flood, for instance, is an amazingly enormous, damaging occasion that would hypothetically be required to happen just once consistently. Overwhelming precipitation in a brief timeframe in the piece of South Africa, made more than several individuals be destitute by substantial flooding. Floods made many look for shelter on housetops and on trees. This disaster slaughtered more than several individuals causing the loss of life to rise. As of late these floods caused clearing of the Kruger National, a game hold in Northern South Africa. Floods likewise secured a few farmlands and harvests were murdered thus compelling ranches to close. The majority of the streets, dams and enormous structures were harmed. Because of flooding a few mines had to close, this the instance of a coal mineshafts in Limpopo. Floods every now and again causes significant framework harm of streets, railroad lines, power gracefully frameworks, water flexibly and sewage removal frameworks. Bribges over streams are especially presented to harm and interruption of transportation frameworks follows. The financial impacts of flooding are frequently mor e prominent than the flood itself. (Parker 2000) According to Parker (2000) in light of the fact that floods habitually demolish harvests and domesticated animals, food deficiencies are normal in the fallout. Floods may influence food accessibility in various manners. Food stocks might be harmed if capacity regions are overwhelmed. Genuine flooding typically disturbs transportation of food deficiency regions, especially in towns, which are cut off from gracefully sources and have deficient food stock. Effects of flooding may upset the monetary development and advancement that is the significant expense of alleviation and recuperation may antagonistically affect interest in framework and other improvement exercises in the territory and in specific cases may injure the slight economy of the of the area. Repetitive flooding in a locale may dishearten long haul speculations by the legislature and private part indistinguishable. Absence of livehoods, joined with relocation of talented work and expansion may negatively affect a region’s financial development. Loss of asset can prompt significant expenses of products and ventures, postponing its advancement programs. (Drep activity worldwide organization of Red Cross and sickle social orders). Figure 2 three child were during floods in Limpopo As examined under different points of view, it is obvious from the task that floods had unfriendly effect on the financial status of livehoods for individuals in South Africa all the more particularly the occupants of Limpopo. It is likewise apparent that there are differing hidden reasons for floods I South Africa. Places close to the flood occasion are the most defenseless to the threats of the floods. Nearness of these spots and neediness were distinguished just like the primary driver of weakness of individuals

The Use of Geographic Information Systems in Real Estate Appraisal Essa

The Use of Geographic Information Systems in Real Estate Appraisal Conceptual Appraisers need to show the thinking behind their worth conclusions by talking about significant spatial connections and their imaginable impact on esteem. Geographic data frameworks (GIS) can be utilized to break down these connections and to show why a customer should choose an appraiser who has this degree of data. Gilbert Castle has noticed that land is basically a round of data exchange. The imaginable champ of the game is the individual that exploits modernized examinations. Palace clarifies that GIS is an enticing method of indicating what you know.(n1) obviously, bigger informational collections are utilized for GIS investigation, not simply the base three comps. The visual guides that GIS can produce could likewise be valuable in suit, to help disclose complex issues to a jury that is generally new to land valuation. Away from of complex specialized issues is the premise of legal counseling, a developing field that is required to develop all the more quickly later on. The requirement for measurable counseling has been made by fast changes in innovation. The Arden-Guthrie Problem Arden-Guthrie is an area in San Bernardino, California. Various false exchanges in that area expanded the apparent estimation of nearby fourfold properties. The inquiry is, How could an analyst have utilized GIS to discover the issues brought about by the deceitful deals? A large number of the properties being referred to are situated inside the square gathering illustrated in red in Figure 1. Other issue properties are situated in a square gathering only south of the illustrated region. The bigger red territory at the highest point of the guide is a piece of a shading coding framework that shows middle leases by registration square gatherings. As should be obvious, tenants here one-half mile toward the north were paying from $913 to $1,001 every month at the hour of the 1990 evaluation. This speaks to the most noteworthy lease classification for San Bernardino County. Rental information from the 2000 registration will be accessible soon. An analyst could print out such a guide and use it to check rapidly for irregularities. One clear irregularity would be an evaluation that reasons that rents in the most elevated section are shown for a property that is situated in a low-lease territory. Enumeration information is generally cheap. Information for the whole nation was ava... ... 5. Forthright F. DeGiovanni in Gentrification, Displacement and Neighborhood Revitalization, SUNY arrangement on urban open approach, Albany State University of New York Press, c1984 6. Emily DeNitto, A Neighborhood Grows in Brooklyn, Crain’s New York Business, January 1, 2001 7. Margaret E. Dewar, Why State and Local Economic Development Programs Cause so Little Development, in Economic Development Quarterly, Vol. 12 No. 1, Sage Publication, February 1998 8. Slobodan Djajic in Slobodan Djajic, International Migration Trends, Policies and Economic Impact, Routledge, London, New York 2001 9. Greg Donaldson, The Ville : cops and children in urban America, New York : Ticknor and Fields, 1993 10. Business analyst, A humble commitment, Survey: Migration, October 2002 Book index Business analyst, A humble commitment, Survey: Migration, October 2002 Eliot Asinof, People versus Blutcher,, Viking Press Inc. New York, 1970 Emily DeNitto, A Neighborhood Grows in Brooklyn, Crain’s New York Business, January 1, 2001 Straight to the point F. DeGiovanni in Gentrification, Displacement and Neighborhood Revitalization, SUNY arrangement on urban open strategy, Albany State University of New York Press, c1984

My next level of writing Essay Example

My next degree of composing Essay Example My next degree of composing Essay My next degree of composing Essay Name Course Educator Date My next degree of composing Composing is a key part of language. Composing is additionally instrumental in the statement of language. My learning experience has framed the premise of getting composing and the key perspectives it involves. I have additionally experienced through different fundamental degrees of composing. The learning procedure through gathering conversations and assignments has built up my capacity to communicate language through composition. The following degree of composing will incorporate these viewpoints so as to expand my point of view recorded as a hard copy. The past degrees of composing have been an asset in the advancement of my composing aptitudes. Each composing task was important in honing my composing abilities. Despite the fact that the involvement with diary section end up being troublesome from the outset, proceeded with help from class conversations have helped me in understanding different diary passages. Likewise, I stepped up and practice and read from different assignments through the web and books. I am currently familiar with writing comparable to diary passages. I have likewise enhanced creation different records for diary sections. The class tests are likewise an important scholarly test that has helped my capacities in language structure and the use of different words recorded as a hard copy. In spite of the fact that I didn't perform well in the underlying arrangements of tests, the mistakes were remedied and the back to back tests have stamped extensive improvement. Class interest and conversation offer a particular view from my composing experience. Taking an interest in class causes me to address my composing botches. This is on the grounds that the teacher distinguishes the misstep I have made as well as reveals to me why I am off-base. Also, I am ready to comprehend the idea further. Class investment likewise shapes an arrangement of help as the teacher recognizes my qualities and shortcomings. Through this, I am ready to take a shot at my missteps through perusing and practice. The orderly methodology embraced in class cooperation additionally assists with having a broad and itemized approach toward the learning procedure. The comprehensive methodology in study hall support has likewise helped me in the learning procedure. Homeroom exercises have been basic in my composing advancement. I have been fruitful in sentence familiarity. This is a result of the viable study hall exercises that urge us to talk familiar English so as to improve familiarity. I have additionally figured out how to make appropriate sentence structures that can be applied recorded as a hard copy. The exercises additionally help during the time spent sentence development. With the improved sentence structure, my sections are additionally very much organized. These abilities and exercises ought to be conveyed forward to the following phase of writing so as to support our composing capacities. The following composing level ought to coordinate study hall exercises from past stages especially the utilization of voice and style. The utilization of exchange to sort out thoughts is significant in exposition composing. The exercises additionally help to show varieties and the utilization of language identifying with different situations. These conditions are mostly formal and casual. Understanding the various conditions and composing layouts for both formal and casual fields will be helpful for school. This is on the grounds that school courses require different customs and understanding the distinction in class will make it simple to coordinate the present composing aptitudes and approachs. This is especially basic for inquire about papers and reports. Libraries are creative in helping understudies learn and direct research. The assignments and tests required broad research and the utilization of different books to clarify the assigned work. With the goal for us to adequately and effectively utilize the library, we were offered key library directions. This is particularly according to the introduction of the curator. Without the help of the curator, I would not be able to appropriately get to reference books. The clarification on the different sorts of books and book segments has helped me in my examination papers in guaranteeing that I have the fitting sources. The methodology of class exercises and assignments coordinated an arrangement of joint effort among understudies. In this manner, we had the option to survey and asses the work done by peers. Assessing the articles of companions likewise helps in rectifying normal slip-ups and recognize singular shortcomings. We have had the option to cooperate and comprehend the different composing styles. We likewise cooperate to offer help with our regions of shortcoming. Through shared methodology, we likewise embrace research and perusing different books that are significant in our composing course. Likewise, we survey past subjects and work on composing strategies. We additionally embrace brief activities so as to comprehend the following degree of composing. Accordingly, we can have before hand information on the new subject and less requirements in understanding the ideas. All in all, the past composing levels and classes have demonstrated to be fundamental in my composing advancement. I have had the option to improve my demeanor towards composing and the different components it involves. I am ready to actualize the composing basics, for example, sentence structure, capitalization, section structure, editing and self-altering to define an alluring composing piece. These components will be instrumental in my next degree of composing.

Local Literature Essay

Character is the whole of one’s individual attributes. It is one’s personality. The instructors, more than some other expert are immediately exposed to examination to the minutest detail and perception by those they partner with. Educators are made a decision about more carefully than different experts. The character they anticipate decided the impressions they make upon students’ and partners. Their balance, bearing and way of dressing make a shocking and appealing appearance. Their outward appearance imparts a cordial and friendly mien. Characters might be depicted as definitive, powerless, dynamic, or â€Å"magnetic†. Teachers’ character must be normal and certified, that is, without misrepresentations and simulation. They should be reliable, valid and bona fide. (Corpuz and Salandanan, 2006 p.12) In the exceptionally intricate universe of human relations, it is basic that the scrupulous educators be concerned with how students’ collaborate with her as well as how they communicate with their companions and with different grown-ups. Be that as it may, concern isn't sufficient. Little can be practiced until students’ issues relating to human relations have been distinguished. (Salandanan, 2010 p.18) When the instructors is progressively mindful with the social connections among her students’ she is in the better situation to choose a strategy for showing human relations. Toward this end, the instructor should initially recognize students’ issues relating to human relations. The distinguishing proof such issue gives the instructor a reason for thinking about what methods for improving human relations she may utilize. (â€Å"Teaching methods for improving human relations†, p.459 n.d) No single factor can contribute more to an improved understudy accomplishment than the assurance of a quality instructor in each homeroom. No measure of study hall offices and instructional materials can created the ideal learning result without an educator at the middle stage. Quality is equivalent to fitness, imagination and duty, contextualized in the instructing calling. Ability features a teacher’s satisfactory information, capable aptitudes and dependability. Imagination is a kinfolk to originality,â flexibility and inventiveness. Beneficial estimations of empathy and responsibility give the fine fixings that make instructing genuinely others conscious and improved with a true sentiment of responsibility. Quality teachers’ can be found in our schools today. Enough arranged through quality pre-administration programs and constantly spurred to develop while in the administration, their ability to instruct is guaranteed. The perspectives and qualities that they anticipate all through the study halls, in the home and network, give decidedly and sufficiently the response to the lasting quest for quality instructors. As paragons of excellencies and dynamic perspectives, they genuinely merit the extremely valuable prizes, acknowledgment and imitating of the entire country. With full pride and certainty, each parent and network can lay upon their chests the development and nurturance of their children and little girls for a promising future. (â€Å"Quality teacher†, p.7-11 n.d) The instructor legitimately has the right to be enthroned at the middle phase of any instructive undertaking. She is the particular beam of light that brightens the brain contacts the heart and floats on high the soul of the youthful. Each exertion, activity or undertaking meant to teaching the youthful needs an enchantment hand to give the genuinely necessary bearing, direction and vitality all through the instructive excursion. Expecting various jobs that a pioneer, guide, collaborator and instructional supervisor, there is no errand that requests all the more waking hours, quality and consideration than the educating learning scene. Skillful instructors produce capable understudies. The craving to develop and find out increasingly more is essential to the improvement of an uncommon capability and capacity required in the instructing calling. As a finishing up explanation, a conclusive instructor character is an image of one who has remarkable mental, individual and social qualities. Has a solid bent and enthusiasm for showing the youthful, steep in beneficial qualities and mentalities and capable in both substance and instructing systems. The instructor with a conclusive character will undoubtedly arrive at the brains and contact the hearts of the youthful. (Aquino, 2008 p. 35-38) Travis W. Twiford, Chair Mary E. Yakimowski-Srebnick Steven M. Janosik Louis O. Tonelson Stephen Parson (2012) â€Å"The Influence of Teaching Methods on Student Achievement on Virginia’s End of Course Standards of Learning Test for Algebra I† Virginia Polytechnic Institute and State University. Virginia Beach, Virginia. http://scholar.lib.vt.edu/propositions/accessible/etd-10062002-202857/unlimited/HAASDISSERTATION.PDF SYED SHAFQAT ALI SHAH (2009) IMPACT OF TEACHER’S Behavior ON THE ACADEMIC ACHIEVEMENT OF UNIVERSITY STUDENTS. College Institute of Education and Research. Rawalpindi, Pakistan. http://prr.hec.gov.pk/Thesis/293S.pdf Amy C. Thomason (2011) TEACHER PERSONAL AND PROFESSIONAL CHARACTERISTICS: CONTRIBUTIONS TO EMOTIONAL SUPPORT AND BEHAVIOR GUIDANCE IN EARLY CHILDHOOD CLASSROOMS. The University of North Carolina at Greensboro. North Carolina. http://libres.uncg.edu/ir/uncg/f/Thomason_uncg_0154D_10586.pdf Chang, Ya-Ching, â€Å"Students’ Percepti ons of Teaching Styles and Use of Learning Strategies. † Master’s Thesis, University of Tennessee, 2010. http://trace.tennessee.edu/utk_gradthes/782 Sylvie Marguerite Raymond (2008).Effective and Ineffective University Teaching from the Students’ and Faculty’s Perspectives: Matched or Mismatched Expectations. College of Exeter. Specialist of Education. https://ore.exeter.ac.uk/store/bitstream/handle/10036/40767/RaymondS.pdf?sequence=1 Jeffrey Sprenger (n.d).STRESS AND COPING BEHAVIORS AMONG PRIMARY SCHOOL TEACHERS. Wellbeing Education and Promotion. http://thescholarship.ecu.edu/bitstream/handle/10342/3548/Sprenger_ecu_0600M_10405.pdf?sequence=1 UNPUBLISHED MATERIALS Abejuela R., almeniana C., Caballero J., Gomez N., Salles M. (2007). Showing Beliefs and Teaching Intentions of Daycare Teachers. School of Education, PamantasanngLungsodng Pasig. Acuã ±a L., Gadia M., Gaspar R., Rodrigo J., (2008). Scholastic accomplishment of chose training understudies engaged with extracurricular exercises. School of Education, PamantasanngLungsodng Pasig. Aguilar A., Basibas K., Castillo R., Cruz M., Pontiyon An., et al (2007).Non-intellective elements influencing the Academic Performance of Freshman High School Students in Mathematics at Sta. Lucia High School.School year 2006-2007.College of Education, PamantasanngLungsodng Pasig. Balle M., Feraaro L., Guinto J., Palaming I., Umali C. (2011).Level of Social Skills and Academic Achievement of Selected Grade II Pupil. School of Education, PamantasanngLungsodng Pasig. Banzuela R., Pumas M., Peckson W. (2006).Self-Conceptand Academic Performance in Mathematics of Selected Pinagbuhatan High School Freshmen.College of Education, PamantasanngLungsodng Pasig. Barreno C., Casuga M., Intalan P., Ocampo D., (2007).Motivation on Teaching among First Year Bachelor of Elementary Education Students. School of Education, PamantasanngLungsodng Pasig. Bartolome J., Borlagdatan M., Cinco A. also, Tumonog L., (2013).Teaching Strategies of Secondary Mathematics Teachers in Elementary Algebra and its Relation in the Performance of the Students.College of Education, PamantasanngLungsodng Pasig. Benito G., De leon M., Baga R., (2004).Teachers assurance and work inspiration at Pasig Central Elementary School Pasig City.College of Education, PamantasanngLungsodng Pasig. Caliã ±go J., Laguitan L., Nagales M. what's more, Tingson S., (2006). â€Å"The Relationship between the Self-Esteem and Achievement Motivation of chose College Freshmen. School of instruction, PamantasanngLungsodng Pasig. Castillo A., Santos K., Beltran L., Dueã ±as J., Ibardo I. (2006).â€Å"The connection between Students Learning Styles and their Expectation of Relationship with Faculty.College of Education, PamantasanngLungsodng Pasig. Conise C., Rivera M., Vinarao M. (2008). Disposition Towards Teaching Profession what's more, Level of Pedagogical Knowledge among Third year and Fourth year Education Students. School of Education, PamantasanngLungsodng Pasig. Cruz L., Ruiz An., Umali M., (2012). Self-saw trouble and desire for peer educator and guardians to the presentation of third year geometry students.College of Education, PamantasanngLungsodng Pasig. Cruz P., Hernando M., Jimenez S. (2008). â€Å"Perception on English Teacher Quality and Use of Instructional Media among third year understudies of three auxiliary schools.College of Education, PamantasanngLungsodng Pasig. Dayandante G., Echual M., Gavileã ±o J., Mangalus S., Telmo M., (2008). Observation on the Quality of Tests Administered to chose Freshmen Students. School of Education, PamantasanngLungsodng Pasig. De Guzman J., Facistol R., Lorenzo A., Pascua J., Pelisigas R., et al (2009). Relationship of Achievement and Attitude Motivation‚ Anxiety and Aptitude in Mathematics.College of Education‚ PamantasanngLungsodng Pasig. De Leon T.‚ Delmindo K.‚ Ebot M.‚ Maã ±oso E.‚ Otayco J. (2007).â€Å"The Relationship between Trust in and Respect for Teachers and Student independence and Influence in the Classroom†.College of Education‚ PamantasanngLungsodng Pasig. Laurente J.‚ Lumbao J.‚ Meã ±oza R.‚ Miguel K.‚ Nicolas L.‚ et al (2010). Relationship of Teacher’s Profile‚ Instructional Materials and Instructional Methods utilized Teachers Teaching Styles and Mean Score in the National Achievement Test of Napico Elementary School. School of Education‚ PamantasanngLungsodng Pasig. Molar V., (2010).Teachers’ Personality and Pupil

Maxis Communication Berhad Merger With Airasia Finance Essay - Free Essay Example

The meaning of merger which is combination of two or more firms, in which the objectives are enhanced and increase shareholders wealth, increase company profit and allow the company move into a rapidly growing market place. Maxis Communication Berhad (MCB) leading the mobile provider and has mostly subscribers in Malaysia, The company provides mobile, fixed line telephony, data and network services and also a largest IPO ever in Malaysia and South East Asia. Although MCB having a strong financial background, but its competitor which are Celcom Berhad and Digi Telecommunication also considered as a very strong background and advantages competitor, how to prevent exceed by those company? Our suggestion for the MCB is merger with the Airsia (Malaysia low-cost airlines). Airasia operates scheduled domestic and international flights and is Asias largest low-fare, no-frills airline. These mergers are considering as conglomerate merger which means combination of company in unrelated business. We choose Airasia as a target, because Airasia has keep growing around the Asia and it been chooses become a Worlds Best Low-Cost Airline for 2009. According our research, Airasia are also finding more subsidiary and partnership to expand their business, which does will be an opportunity for MCB as well and the key benefit of that merger is ability reduce risk by MCB. Unfortunately, Airasia are still under a huge debt, but that become the main motive why we suggestion that MCB merger with it, because of tax consideration are a key motive for merging. Under that situation, will increase profit and increase shareholders wealth of MCB as well. Beside that, because of Airasia have a strong management team, which teams can keep minimize net loss of capital and maximi ze profit at a same time, operation their borrowing asset well and keep growing under the situation of debt. Strength From our suggestion, if MCB successfully merger with Airasia, it definitely bring much advantages than the disadvantages such as because of Airasia brands name, it will easily make advertising for the MCB. Regarding the MCB perspective, they are keeping advertising about their product which is broadband, 3G network, Iphone package, postpaid, prepaid and so on. Because of those advertising for the product, according for the MCB annual report mentioned that under the sales and marketing parts, it cost around 4.6% from their of revenue driven by year-end promotions, although it does not costly than other, but if MCB merger with airasia, they can saves those expenses for expands business or doing investment on the future. Because of Airasia brands name are well establishment in Asia pacific and advantages, strong brand name recognition of global market by organization, and Airasia are highly frequency linked with country such as Brunei, Cambonia, Hong Kong, China, Indonesia, India, Ira n, Singapore, South Korea, Taiwan and Australia and so on, it will bring the benefit and increase reputation, brand name recognition of MCB. It easily makes advertising through their aircraft. At a same time, it will increase MCBs recognition by other organization with under a very rapidly growing market situation than other strongest competitor. Furthermore, successfully merger between the both companies, MCB will continuously become the strong leading mobile phone service provider in Malaysia, and Airasia will become a leading airline industry in Asia. Those will have a strongly financial background, will attract more investor to do investment and attract more people using Maxis network. In addition, MCB will have good potential increase managerial skill and technology from Airasia, because of their stronger management team. From Airasia perspective, company merger will enhance their fund-raising ability, company may be unable to obtain funds for its own internal expansion beca use of highly debt background but to obtain funds for external from (MCB) combination, and because of MCB has high liquid asset and low level of liabilities, it considered benefit for Airasia as well, it immediately decreasing financial leverage and allow funds to be raised externally at lower cost and reduce their debt in the future. These reasons mentioned that Airasia must accept suggestion merger by MCB. Weakness Although if merger with Airasia will bring along of advantages and benefit, but also does to consideration about the disadvantages for the merger. MCB can control significantly larger amount of assets than could acquire through merger, but major disadvantages of MCB which will increase risk resulting of the leverage effect, and must be pay attention that Airasia are having the bigger amount of debt on the future in 12 years repayment period, MCB may help Airasia covers its debt on that moments which means MCB immediately having debt at a same time. In addition, if MCB successfully merger with Airasia, it will become difficult to analyze by the MCB, and investor of MCB have difficulty understanding because of these complexity. In addition, effect of a merger on the earning per share of the MCB initial decrease in the per-share earnings of stock is expected. MCB will sell at low earning per share, its shareholders value may suffer of that merger at a short-term period. So, we define this merger as a long-term investment by MCB. From financial perspective, higher risks are higher return, thats why we suggest that MCB merger with Airasia, although these have few disadvantages. Opportunities According the annual report by the Airasia, we know that Airasia are still under the huge amount of debt. The tax loss can be applied against a limited amount of future income of the MCB, that is a consideration by the purpose of merger, if successfully merger with Airasia, it will bring a lot of benefit and after-tax earning by reducing the taxable income of the MCB. Although Airasia having a huge debt, but they have a strong management team which are control their debt as well. As the information, we know that borrowings of AirAsia are all in USD, it will benefit from the depreciation of USD because of this recent years economics crisis, USD are getting depreciation day by day, Airasia may having the foreign exchange gain from the repayment of debt. However, the foreign exchange gains just an accounting gain, which wont generate any real cash flow or economic value. Furthermore, fast expansion of AirAsia, leveraging on financing facilities, is one of the factors that enable AirAs ia to maintain its profitability in the highly competitive airlines industry. Regarding the economics of the world this few years, only the lowest cost player through effectively cost reduction, economic scale, and growing market place will survive. Those reasons are become the main purpose why MCB needs merger with them and we feel that Airasia are getting growing with rapidly, and way of expansion which are through borrowings instead of issuing new shares is the best way to benefit the shareholders as well. From MCB perspectives, maybe can follow their way and management to increase asset by borrowing from others although include the interest, but MCB will have more cash flow in hand, it can be use for expand business by highly return area or diversification investment. Beside that, Although the earnings per share of Airasia is quite low, RM 20.6, compare to the MCB earnings per share, RM 27.25, it allow investors believe that this merger will increase the wealth of the shareholde rs due to the high value of both companies in the market now on the future. Those reasons are becomes the way to keep growing and expands the businesses of MCB. Threat From Airasia perspectives, increasing competition because of increasing number of low cost airline competitors, and aggressive competition against the large or traditional airline companies under airlines industry such as Malaysian Airlines (MAS). Those threats will directly affect Airasia performances, profit, advantages, and indirectly affect to the holding company which is MCB as well. These are the problem that MCB must consideration after merger with Airasia. In addition, monitoring the foreign currency and adjust the profit against non-operating income are the important, because of exchange currency may cause company having the debt or gain. After MCB merger with Airasia, if MCB unable to pay Airasias liabilities, will cause both of them faced the challenge and seriously problem to become merger failure. Conclusion As a conclusion, we strongly suggest that MCB merger with Airasia. Because of those benefit are highly exceed the disadvantages of the merger. If successfully merger, MCB will have advantages of competitive between Celcom and Digi and other telecommunication network. As our information, because recent months, Celcom and Digi are plans to explore long-term network and infrastructure collaboration in Malaysia which are sign the Memorandum of Understanding (MOU). They plan to corporation; it will threaten to MCB position in Malaysia. Thats why MCB must prepare himself and merging the target which are Airasia. Mainly reason that merger is about the tax loss carryforward for the MCB. The tax loss can be applied against a limited amount of future income of the MCB over 12years (Airasia debt period) or until the total tax loss has been fully recovered. MCB using those tax loss carryforward to expand its business at a same time. Beside that, increasing managerial skill or technology, and a dvertising through airline, those reason become the situation why MCB needs merger with Airasia. Furthermore, increasing profit on the long-term perspectives as well and because of its more pros than cons.

The Most Important College Admissions Factors

Originally published on LinkedInby Laura J. Blanche, M.Ed., President of Blanche Consulting, LLC.Reposted here with permission. Did you know the #1 criteria that college admissions officers are looking for in the admissions process is a rigorous high school curriculum? That’s right your high school transcript is â€Å"numero uno† in the evaluation process. Admissions officers need to be assured that you can do the work! They look for students who have challenged themselves in say, AP or Honors courses, or someone who took a risk on a course that wasn’t supposed to be an â€Å"easy A." Colleges would much rather see a â€Å"B† knowing youtook a risk and learned something about yourself. Upward trends are also looked upon favorably by admissions, so don’t get down on yourself if you may have been a slow starter. The second most important of the college admissions factors to consider is still standardized testing- your SAT or ACT scores. Test scores are used in so many different ways that it is a good practice to read the college’s testing policy on their website before you apply. Some colleges will superscore SAT or ACT scores-or take a student’s highest subscores from different test dates to form a new, higher score. There are even colleges out there that do not require test scores- a good option for students whose testing may not be consistent with their high school performance (refer to Test Optional in last month’s article â€Å"Standardized Testing- The Old and The New†). As college admissions evolves and colleges find new and better ways of forecasting success beyond the transcript, I do expect more and more colleges to jump on board with Test Optional or Test Flexible plans, but right now, it is still one of the most important factors for admission, placeme nt and scholarship consideration. An applicant’s personal statement is a very important piece to the evaluation process. This personalized, thoughtful essay first and foremost must answer the question, but also offer the committee more insight into who you are, your goals and what you value. Maybe even give them a glimpse into your personality, sense of humor, and what excites you. In addition to the personal statement, applicants will have writing supplements (additional essay questions or short answer questions) to complete in the application. These are usually more specific to the college, your desired program and your â€Å"fit.† Expect to do some research on the college website- I also recommend keeping notes from your college visits. Did you meet a professor? Sit in on a class? Meet an inspiring student? Maybe you were lucky enough to meet the President at the college? Note their name and context of your interaction and you may be able to work them into your college-specific essays. Leadership, involvement (extracurricular activities/community service), and passion would be next in my chronological list of important factors in the admissions process. I believe the three go hand in hand and what colleges look for arecommitment and depth. If you get involved in something, whether it’s a school club such as Student Council or volunteering at a local Kids Camp, and have a meaningful experience helping others or bettering your school- I bet you will become passionate about it and continue doing great things! Colleges are looking for leaders- students who arrive on campus ready to get involved and make a difference! Colleges want to know what you will bring to campus and how you will contribute. Another important factor is diversity- geographic, ethnic, cultural, political and economical. Colleges are seeking freshmen classes that round out their campus and represent all walks of life from all corners of the world. They also are looking for students who are eager to learn and want to be on their campus- as in, it’s your first choice! Another way to stand out in admissions is if you are flagged for a special talentsuch as a recruited athlete, musician, artist, innovator, or even a legacy (one of your parents, or perhaps a grandparent attended that school). These â€Å"hooks† may be just what they are looking for and your way in! You may not ever exactly know what area a college is trying to diversify, so this, unfortunately, is a factor that is truly out of your control, but worth noting. Letters of recommendation from teachers and your guidance counselor are also important college admissions factors. Teachers are asked to comment on your abilities, intellect and potential in the context of their specific course (and level) while noting your success in the context of your classmates and school. They know you best because they are the ones experiencing your growth as you persevere through challenges and triumphs on a daily basis. Choose teachers that you feel know you and your abilities best. Guidance Counselors can give anecdotal evidence that speaks to your integrity, character, service, personality, contributions to your school, interest in learning and academic promise. Many schools use â€Å"Brag Sheets† which give you (and your parents) an opportunity to give input (highlight your best attributes and accomplishments) into your letter of recommendation. My tips for the admissions process: Challenge yourself! Choose the right courses, as rigorous as you can handle, that align to your goals. Take the SAT/ACT Comparison Test in the spring of your sophomore year to determine which test you will focus on and prep for. Distinguish yourself through your extracurricular activities. Depth over breadth. Strive for leadership positions. Keep track of your activities and involvement starting in 9th This will help tremendously with your resume and the â€Å"Activities† section of the Common Application! Demonstrate interest in colleges by visiting campus, attending fairs and college rep meetings, as well as local information sessions. Get to know your teachers and counselor! Explore majors and careers through summer programs, internships and shadowing opportunities by the end of junior year. Get a head start on the college application process the summer before senior year! (that’s where I can help!) Photo credit: LinkedIn

What Is the Moon Made Of Chemical Composition

The Earths moon is similar to the Earth in that it has a crust, mantle, and core. The composition of the two bodies is similar, which is part of why scientists think the moon may have formed from a large meteor impact breaking off a piece of the Earth while it was still forming. Scientists have samples from the surface, or crust, of the moon, but the composition of the inner layers is a mystery. Based on what we know about how planets and moons form, the core of the moon is believed to be at least partly molten and likely consists primarily of iron, with some sulfur and nickel. The core is likely small, accounting for just 1-2% of the moons mass. Crust, Mantle, and Core The largest portion of the Earths moon is the mantle. This is the layer between the crust (the part we see) and the inner core. The lunar mantle is believed to consist of olivine, orthopyroxene, and clinopyroxene. The composition of the mantle is similar to that of the Earth, but the moon may contain a higher percentage of iron. Scientists have samples of the lunar crust and take measurements of properties of the moons surface. The crust consists of 43% oxygen, 20% silicon, 19% magnesium, 10% iron, 3% calcium, 3% aluminum, and trace amounts of other elements, including chromium (0.42%), titanium (0.18%), manganese (0.12%), and smaller amounts of uranium, thorium, potassium, hydrogen, and other elements. These elements form a concrete-like coating called regolith. Two types of moon rocks have been collected from the regolith: mafic plutonic and maria basalt. Both are types of igneous rocks, which formed from cooling lava. The Moons Atmosphere Although it is very thin, the moon does have an atmosphere. The composition is not well known, but it is estimated to consist of helium, neon, hydrogen (H2), argon, neon, methane, ammonia, and carbon dioxide, with trace amounts of oxygen, aluminum, silicon, phosphorus, sodium, and magnesium ions. Because conditions contrast sharply depending on the hour, the composition during the day may be somewhat different from the atmosphere at night. Even though the moon has an atmosphere, it is too thin to breathe and includes compounds you wouldnt want in your lungs. Learn More If youre interested in learning more about the moon and its composition, NASAs moon fact sheet is a great starting point. You may also be curious about how the moon smells (no, not like cheese) and the difference between the composition of the Earth and its moon. From here, notice the difference between the composition of the Earths crust and the compounds found in the atmosphere.

Development of Indias Banking System - Free Essay Example

Sample details Pages: 7 Words: 2121 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? Introduction With a population of over 1 billion, India is one of the most important countries with accelerating economic growth. According to the World Bank (2009), the annual GDP growth of India has been more than 7% over the past ten years. The financial crises in 1997 and 2008 have revealed the importance of robust banking system towards economic development. Indian Government liberalized the banking system through Indian Banking Sector Reform in 1991. Don’t waste time! Our writers will create an original "Development of Indias Banking System" essay for you Create order From the first bank in India in 1786, the development of Indian Banking System has three distinct phases. Early Phase (1786 1969) There were 1100 small banks in India. The Government implemented the Banking Companies Act 1949 to facilitate the functioning of commercial banks. Reserve Bank of India (RBI) was authorized to supervise the Indian banking sector and became the Central Banking Authority. Post Nationalization Period (1969 1991) State Bank of India was formed to act as a principal agent of RBI and handle banking transactions in India. Fourteen major commercial banks were nationalized as there was a decline in public confidence during the early phase. Nationalization guaranteed the sustainability of banking industry and aroused public confidence. Post-Liberalization Period (1991 now) Liberalization of banking practices occurred. Foreign banks, ATMs, phone banking, net banking were introduced to make the banking system more convenient and efficient. The development of banking system is transiting. Public-Sector Banks contributes to 78% of total banking industry asset. Private-Sector Banks, on the other hand, are experiencing great progress in internet banking, ATMs and other technology advancements. They are likely to expand in India. Central Bank Reserve Bank of India It was established in 1935 and was nationalized in 1949. It has 8 functions explained as follows: Note Issuance: It has the sole right to issue bank notes of all denominations as an agent of the Government. Government Banker: It acts as Government banker, agent and adviser. It controls the banking system through licensing, inspection and calling for information. It also supervises and controls commercial and cooperative banks. Maintenance of Minimum Reserve Ratio: RBI set the cash reserve ratio is 5% and repo rate is 4.75 % in 2009. Lender of Last Resort: It acts as the lender of last resort by providing rediscount facilities to scheduled banks. Credit Controller: It controls the credit operations of banks quantitatively and qualitatively like open market operations, discount policies and reserve requirements. Settlement of Clearing Functions: RBI facilitates the inter-bank clearing of current accounts in 1050 clearing houses in India. Custodian of Foreign Reserves: RBI sets a limit on money transfer in and out of India under Foreign Exchange Management Act. It examines Indias reserve of international currencies and maintains the official rate of exchange with all member countries of International Monetary Fund. Promotional Functions: RBI is responsible to extend banking facilities to rural and semi-urban areas, and establish and promote new specialized financing agencies. Banking System Banks in India The Reserve Bank of India heads the Indian commercial banks. Banks in India can be categorized into three tiers scheduled commercial banks; regional rural banks which operate in rural areas not covered by scheduled banks; and cooperative and special purpose rural banks. There are approximately 98 scheduled commercial banks, both Indian and foreign, almost 200 regional rural banks, more than 350 central cooperative banks, 20 land development banks, and a number of agricultural credit societies. Commercial Banks Commercial banking is dominated by 28 state-owned banks controlling 69.9% of assets in the sector in 2007/08. Private domestic held 21.7% and foreign banks had the remaining 8.4%. Commercial banks can be categorized into domestic banks and foreign banks. Domestic Banks They include public-sector banks, private-sector banks and savings, mortgage and co-operative banks. The biggest domestic bank is a public-sector bank, State Bank of India with market share 16.83%. The second biggest domestic bank is a private-sector bank, ICICI Bank with market share 9.11%. Public-Sector Banks They have a country wide networks and each has its own geographic stronghold. They provide a full range of banking services and are an important source of short-term funds. State Bank of India is the largest bank providing 16.83$ of loan advances in 2007/08. In 2008, SBI merged its subsidiary, State Bank of Saurashtra, and is increasing its international presence. The introduction of stringent capital-adequacy, income-recognition and asset-classification norms in economic reform promoted public-sector banks to reveal true positions in financial statements. The gap between strong and weak banks is thus widened. Private-Sector Banks There were 41 private-sector banks and 18 of them were listed on the stock exchange as of 2009. They usually have strong regional client bases and upgrade their technology and services. ICICI, the largest private-sector bank, merged with Bank of Madura in 2001 and Shangli Bank in 2007. Life Insurance Corporation of India raised its stake in Corporation Bank to 27% from 12.32% in 2001. It is expected that more mergers and acquisitions will be found in the coming decade. Savings, mortgages and co-operative banks They are small and contribute slightly to the source of funds for most companies. They tend to finance rural and small sectors and have geographically-restricted operations. New RBI regulations have imposed restrictions on them in 2001 as some urban cooperative banks were discovered to have a high exposure to the stock market. Foreign Banks The biggest foreign bank is Citibank with market share 1.55%. Standard Chartered Bank ranked the second. Citibank, Standard Chartered Bank, HSBC and ABN Amro Bank dominate the sector in the diagram shown below. Comparing the advances of foreign banks and that of commercial banks, it is shown that foreign banks play a small role in banking industry. They accounted for 8.4% of total commercial-bank assets in 2007/08. But the rising net profits of the banks to Rs66.12bn in 2007/08 from Rs45.85bn in 2006/07 suggested the increasing importance of this sector. Foreign banks offer borrowing terms similar to local banks, but their benchmark prime lending rates are 1 to 3 percentage points higher. Foreign banks usually form part of a lending consortium. Foreign banks without a branch presence can conduct business through representative offices. These banks concentrate on providing offshore currency loans and related foreign-exchange products, rather than retail banking or local-currency lending. Investment Banks and Brokerages Investment banks and brokerages rely on advisory business. They have a limited involvement in risk capital. They can weather the downturn without the risk of going out of business. However, if the downturn continues in 2010, some banks may leave the small Indian market. Citi(US) and JM Financial Group have the greatest market share in this sector with their contribution of more than half deal value. Given the growth of Indian market, major foreign investment banks have reworked their partnerships with investment banks to help them to capture a greater market share. Development Banks Public-sector development banks were traditionally the principle source of long-term capital. Development banks provide medium and long-term rupee and foreign-currency financing, underwrite and subscribe to stocks and debentures. Due to the financial sector reform, they offer new services and products, set up organizations to provide a variety of financial services. Some countrywide development banks are Industrial Finance Corp of India and Industrial Investment Bank of India. The Post Office Saving Bank It has the largest retail-bank network, with over 155,000 branches. A growing number of post offices are also connected electronically. Given its large distribution network, India Post now leverages its presence to become a general financial-services distributor. It provides various mutual funds and bonds. It also offers an inward international money-transfer service. Offshore Banks Banks are allowed to set up overseas banking units within the countrys special economic zones functioning as overseas branches of domestic banks. Six domestic banks set up overseas banking units: Bank of Baroda, Canara Bank, ICICI Bank, Punjab National Bank, State Bank of India and Union Bank. Domestic banks can enjoy a tax deduction on the income from OBUs and advantages of global presence. Banks Deposit Composition The deposits of national banks dominate the banking industry because they are backed up by the government and the public thus have confidence in nationalized banks. However, regional rural banks have a small share of deposits. It is mainly due to the lower income level in rural areas. Although foreign banks have a second smallest share of deposits, liberalization of the banking industry will allow them to expand their business. Competitive Situation More aggressive merger and acquisition are stemming in India. One advantages stemming from merger is the ability to cross-sell a slew of retail products including housing loans, car loans, personal finance and credit cards. Further, merged entity will be able to compete with threats from global players, for instance, HSBC and Citibank. However, challenges of merger are the integration of financial and human resources, as well as satisfying statutory requirements. Also some FIs faced the problem of relying on an increasing cagey market to raise capital. As FIs were funding long-term projects with money rose short term, there was a critical asset-liability disparity. RBI then proposed to convert financial institutions into universal banks recently. A reverse merger with their own subsidiary banks will now give FIs access to low-cost funds. The trend of mergers and acquisitions will prevail in the coming years. Economic Conditions Indian banks balance sheets are not directly exposed to sub-prime mortgage leading in US. The GDP and GDP per capital are expected to grow in the coming decade. The global financial crisis does not undermine the banking industry in India in a great extent. The assessment of the banking sector risk is rather low compared to that in Asia and Australasia in 2009. The expansion of consumer credit does not pose a high risk to the banking industry as the level of debts per customer remains low. In contrast, RBI moved the focus of its policy from boosting economic growth to containing inflation. Interest rates are expected to rise and tighter monetary policy are expected to be implemented. Conclusions The liberalization of banking system has (1) strengthen the banking sector (2) provide more operational flexibility to banks (3) enhance the competitive efficiency of banks (4) strengthen the legal framework governing bank operations. This well-developed banking system is favourable when it comes to expansion in India. However, a keen competition is found in India. Each sector has various existing banks with strong customer loyalty. Numerous state-owned banks and FIs are the dominant players in India. Despite the stable Indian economy and the steady and slow movement towards liberalization of banking system, the Government will probably strengthen the financial regulatory system sufficiently before a complete liberalization. Therefore, it is concluded that India is not suitable for expansion. References World Bank (2009). Word Bank in India. Retrieved November 25, 2009, from https://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/SOUTHASIAEXT/0,,contentMDK:22398481~menuPK:2246552~pagePK:2865106~piPK:2865128~theSitePK:223547,00.html India Finance Investment Guide (2009). Introduction. Retrieved November 25, 2009, from https://finance.indiamart.com/investment_in_india/banking_india.html Maps of India (2008). Banks in India. Retrieved November 25, 2009, from https://business.mapsofindia.com/banks-in-india/ Kamath, G.B. (2009). Emerald. The Intellectual Capital Performance of Indian Banking Sector, pp.4. Retrieved from, https://www.emeraldinsight.com.eproxy1.lib.hku.hk/Insight/viewPDF.jsp?contentType=ArticleFilename=html/Output/Published/EmeraldFullTextArticle/Pdf/2500080104.pdf Bank of India (2009). Main Functions. Retrieved November 25, 2009, from https://www.rbi.org.in/scripts/AboutusDisplay.aspx#MF OneIndia News (2009, July 28). RBI Keeps All Key Rates Unchanged. Retrieved November 25, 2009, from https://news.oneindia.in/2009/07/28/rbi-keeps-all-key-rates-unchanged.html Hubbard, R.G. OBrien (2006). How the Fed Reserves Manages the Money Supply. In Macroeconomics (2nd Ed.), Money, Banks, and the Federal Reserve System (pp. 451-452). United States: Pearson International Edition. NK Infobase (2009). Reserve Bank of India. Retrieved November 30, 2009, from https://money-transfer.in/reservebankofindia.html Economist Intelligence Unit (2009, July). Country Finance, India. Domestic Banks, pp. 14. Retrieved from https://www.eiu.com.eproxy1.lib.hku.hk/report_dl.asp?issue_id=1784732363mode=pdf Economist Intelligence Unit (2009, July). Country Finance, India. Foreign Banks, pp. 14. Retrieved from https://www.eiu.com.eproxy1.lib.hku.hk/report_dl.asp?issue_id=1784732363mode=pdf Economist Intelligence Unit (2009, July). Country Finance, India. Investment Banks and Brokerages, pp. 16. Retrieved from https://www.eiu.com.eproxy1.lib.hku.hk/report_dl.asp?issue_id=1784732363mode=pdf Economist Intelligence Unit (2009, July). Country Finance, India. Development and Postal Banks, pp. 18. Retrieved from https://www.eiu.com.eproxy1.lib.hku.hk/report_dl.asp?issue_id=1784732363mode=pdf Economist Intelligence Unit (2009, July). Country Finance, India. Offshore Banks, pp. 20. Retrieved from https://www.eiu.com.eproxy1.lib.hku.hk/report_dl.asp?issue_id=1784732363mode=pdf Subhash, D.V. (2002, February). Birth of a Universal Bank. Retrieved 2 December, 2009. from https://search.ebscohost.com.eproxy1.lib.hku.hk/login.aspx?direct=truedb=bthAN=7210765site=ehost-live Economist Intelligence Unit (2009, October). India: Banking Sector Risk. Retrieved 28 November 2009, from https://www.eiu.com.eproxy1.lib.hku.hk/index.asp?layout=displayIssueArticleissue_id=1514868936article_id=1664868951 Scribd (2009). A Report on Non-Performing Assets Challenge to the Public Sector Banks, pp. 10. Retrieved December 2, 2009, from https://www.scribd.com/doc/8817767/A-REPORT-ON-NPA-IN-BANKING

Improving Time Management During The American Family

Improving Time Management in the American Family Introduction – What is Family? What is family? Family is considered the first definition of relationship between living creatures (Moore Asay, 2008, p. 3), and can be predated surpass time itself. The family is the woven fabric of America, or any culture for that matter and is diverse, multi-faceted, an ever evolving and expanding. (Krejci, Savaiano Ladisch, 2010). Aside from the traditional, married, heterosexual male, breadwinner and disciplinarian in the family. The modern day family comes in various forms. Whether the family is comprised of blended families, bisexual, lesbian, gay, and straight families of single-family home, dual parent, or adopted. Also, include fictive kin, non-relatives are intricate member of the family because these ties may often be stronger and provide essential support, (Saltzman, Pynoos, Lester, Layne Beardslee, 2013, p. 5). Family: Challenges American families today, face many challenging obstacles. No family is too perfect or well put together where good leadership and decision-making skills cannot improve a family formation to be most effective; (Moore Asay, 2008, p. 219). Challenges can affect the structure of the family lives by increasing or limiting options. Among the prevalence of having the most impact are financial pressures – consumer debt, student loans, healthcare, education; family dynamics – same-sex marriage, divorce, etc.; gender differences, media influences,Show MoreRelatedThe Goal Of Home Health Care1683 Words   |  7 Pagesproviders as a means of optimizing health care for Americans. Triple Aim is a concept-developed by the Institute for Healthcare Improvement (IHI) that focuses on â€Å"improving the patient experience of care, improving the health of populations, and reducing the per capita cost of heath care.† (IHI triple aim) Using home health will help achieve the goal of Triple Aim. 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Huntington, theRead MoreFactors That Influence Health Status958 Words   |  4 Pagesadults with high blood pressure and nearly 2 out of 3 U.S. adults with high cholesterol don t have their condition yet under control (CDC/Vital Signs) By improving healthcare services we can ensure that individuals have a source of care which will have a better outcome. Description of your proposed program In gathering my information during the course of my research I have identified three effective approaches that will improve cardiovascular health, these to promote appropriate screening servicesRead MoreEvaluating Health Behaviors And Health Outcomes Associated With Its Use On Patients1354 Words   |  6 Pagesdiagnosed in children and young adults, but can occur at any age.1 In 2014, there are approximate 1.23 million children with T1D and an estimated 40,000 people are diagnosed each year in the U.S.2 Patients with T1D are required to inject insulin several times a day or continually obtain insulin through a pump, as well as manage their diet and exercise habits to keep their blood sugar levels within a specific target range to avoid hypoglycemia (low blood sugar) or hyperglycemia (high blood sugar).2 ComplicationsRead MoreThis group proposal paper is written from my perspective and experience. 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Melancholic Hamlet Essay - 1110 Words

Melancholic Hamletnbsp;nbsp; Hamlet is a melancholic young man who does not value human life; however, he will do anything it takes to accomplish his main goal: revenge on Claudius for the death of his father. In his seven soliloquies we learn that Hamlet has become melancholic, violent, and suicidal. There are several incidences where these emotions are expressed. His melancholic attitude is very apparent in the second scene of Act I, when he suggests that his mother, in mourning his fathers death, is simply acting the part of a grief stricken widow, while he is a truly heart broken son. Another example from his first soliloquy of his melancholic state occurs when he discovers the rapid marriage of his mother and his uncle, where†¦show more content†¦Hamlet’s melancholic emotions are very apparent throughout the play. When Hamlet states, ’Tis not alone my inky cloak, good mother, Nor customary suits of solemn black, Nor windy suspiration of forced breath, No, nor the fruitful river in the eye, Nor the dejected havior of the visage, Together with all forms, moods, shapes of grief, †¦/†¦/†¦/(Act I; ii ; 77-86) he is extremely melancholic because he realizes that his mother is simply acting the part of a grief stricken widow while he is truly a heart broken son. A second portrayal of his melancholic emotion is when he learns that his mother is going to marry his uncle. In this scene Hamlet is both mad and sad that his mother could move on so quickly, frailty, thy name is woman.(Act I; ii ; 146) These feelings of being mad and sad are also shown when he says, Did coldly furnish forth the marriage tables. Would I had met my dearest foe in heaven.(Act I; ii ; 181-182) Here Hamlet is saying that he wishes that he had met his worst enemy in paradise than witness his mother’s wedding. 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Ethical Communication for Business Organization-Free-Samples

Question: Select an organisation with offices in Australia and research the organisation in order to compile a comprehensive report that outlines the following: What the organisation does and a brief history What industry it is in and what are the specific characteristics of this industry How the organisation is performing (financially, or in terms of market share, reputation) How does the organisation manage its communications How the organisation is perceived publicly Answer: Introduction Hungry Jacks, a renowned fast food organization, a franchise of the international Burger Kings Corporation and owned by Jack Cowin has its outlets in over 300 locations across the Australian continent. The fast food company is further known as the second largest franchiser of the Burger King. The primary products sold by the company are sandwiches and burgers, which called Whooper and the Tendercrisp (Hungryjacks.com.au 2018). Hungry Jacks has been known for its commitment and dedication of nurturing sustainable business operations. The restaurant claims to serve the best quality and innovative food items further enhancing their customer base. The report will briefly evaluate the overview of the fast food industry by further highlighting Hungry Jacks background and its operations (Wellard et al. 2015). The paper will further explore the economic performance along with its market share and reputation in the fast food industry. In addition to this, it will focus on the way Hungry Jacks maintain its communication processes through several communication channels of advertising and digital communication. Lastly, the paper will provide an insight of the way the company is perceived by the public. Discussion Company Background and Operations Hungry Jacks has been operating in Australia since early phase of 1970 with its first outlet opened in a suburb of Perth. It has been noted that the initial achievements of the company has led to a rapid development. The company has its ownership as well as operations of Burger King or Hungry Jacks fast food chains in Australia (Food and Council 2014). The company being known as the chief franchise for Australia, Hungry Jacks has been accountable for licensing recent proponents and further establishing its own flagships and further maintaining standard supervision of the franchised locations within the Australian region. It has been noted that the name Hungry Jacks was initially a variant of Hungry Jack that is a brand of Pillsbury which had its registration for a pancake mix (Wellard et al. 2015). However, the company was later selected by an Australian franchisee Jack Cowin when he intended to seek the unavailability of the Burger King brand in the country. Industry Overview Hungry Jacks being the leading fast food restaurant chain is regarded as one of the dominant operators of the Australian fast food industry. The fast food industry has been reportedly reached over 110 billion in 2016, with a compound annual growth of 3% that further indicates a general developed market (Allegretto et al. 2013). The fast food industry has a revenue generation of over $550 billion that is considered higher than the financial worth of the majority of the nations (Lacy and Rutqvist 2016). The revenue rate in Australia has been recorded of $200 million in 2016 that is considered an elevated rate since the revenue generation of the past two decades (Moodie et al. 2013). The industry is anticipated to acquire an annual growth of over 2% for the following years. In recent times, the company has been acclimatizing to the increasing demand of food, which must be meeting health and quality standards. The consumer health awareness has altered the fast food industry over the past few years. The Australian fast food industry currently has experienced dynamic expansion because of the increased number of preferences of people towards restaurants and fast food chains . Fast food chains along with independent outlet were offering around 1.7 billion of takeaways and meals in the corporate foodservice sector (Wellard et al. 2015). The Australian fast food industry has witnessed a dynamic annual average GDP growth rate of almost 3% during the period of 2012-15 (De Vogli, Kouvonen and Gimeno 2014). However, it must be noted that the industry currently has been encountering a decline since the last two years and noted a decreased development rate of 0.8% in 2016. The logistics of food service and business within the sector have been recognized as significa nt factors. The whole fast food industry is largely been dominated by Quick Service Restaurants (QSR) that is held accountable for over 70% of the revenue generation of the whole fast food industry. The key players of the fast food industry are Hungry Jacks, Dominos Pizza, Donut King, Eagle Boys whereby Hungry Jacks possesses the most varied profile (Allegretto et al. 2013). It must be noted that the majority section of these large organizations have the beneficial factor of economies of scale, that is exhibited in the industrys enduring effort to offer reasonable priced value food items to their consumers. Hungry Jacks Organizational Performance (Economic, Market Share and Reputation) According to several reports, Australians spend over $1.2 billion in a year at fast food restaurants. Hungry Jacks in Australia owns over 400 outlets in Australia with an employee base of more than 15,000 people (Hungryjacks.com.au 2018). The company has recently experienced a profit of around $25 million, noting a 29% decline on its previous years revenue generation (Hungryjacks.com.au 2018). Australians spend about $25 billion annually on takeaway food as reported by investment bank UBS in December. Furthermore, Dominos its competitor has recently revealed a 27.8% increase in sales to $1.15 billion, whereas the biggest rivalry Mc Donalds exposed the gross sales of $5 billion (Lacy and Rutqvist 2016). As per the revelations of Australian Securities and Investments Commission, the competitive and fast food chains along with some KFC stores in Australia made a profit of around $20 million from $1 billion in profit in 2014 (Allegretto et al. 2013). However, Hungry Jacks has been known to dominate the fast food market, but elevated diversification is likely to restrain their revenue generation (De Vogli, Kouvonen and Gimeno 2014). Along with the fast food company has been concentrating on waste reduction in order to minimise costs while larger organizations contract directly with the suppliers to circumvent the wholesale growth. The fast food company has claimed to have experienced several backlashes in order to establish on the value and quality it is recognised for. The brand introduced its new supreme Grill masters range thereby marking the establishment of a menu refurbishment that will further aim to strengthen the reputation of the company for its Better beef (Hungryjacks.com.au 2018). Hungry Jacks is further recognized for its brand image that ascertains 1000% pure Aussie beef along with no added HGPs in the preparation of its burgers. The company further revealed its recent enduring strategies in order to reassesses its consumer demands and expectations and further adapt to the altering preferences of its consumer base. The fast food company in order to maintain its brand image and tagline The burgers are better at Hunger Jacks, has assured its dedication and commitment of keeping their items better at everything that is present on their menu, along with its store experience and the appearance and fe el of its outlets. Recent reports and articles reveal that the reviews and feedbacks of customers have been enchanting and facilitating to enhance their brand value and loyalty (Lacy and Rutqvist 2016). The company has been continuing to reinvent itself and further attempt to reflect better customer demands and enhanced transparency. Hungry Jacks Unique Communication Process The company being recognized as an iconic brand committed in delivering valued and quality products since it has established its business in Australia. Being a brand of proving consistent high standard customer service, the team has resolute to introduce improved approaches to reach their buyers and thus started to develop an improved social media strategy that incorporated social networking sites namely Facebook, Twitter and Pinterest (Hungryjacks.com.au 2018). Hungry Jacks has been employing Radian6 in order to listen and further track their efforts and further raise their level of engagement with the customers and provide them with productive insights into their endorsement and promotional activities (Wellard et al. 2015). The company has further introduced their major brand promotion by bring in the tagline Keeping it Real. The campaign was accounted for parodying the foodie culture that has been the trend of recent times thereby dominating the major part of Australia (Lacy and R utqvist 2016). The amount of expenditure spent by the company has been minimal to track, as their consumers owned a common base across the numerous social media networks. Furthermore, sourcing services from Fiverr.com, the company has managed to achieve its social media followers to employ one of the TVC stars, that is Axel, the dog with the owner who has been rewarded $5 for the image of Axel (De Vogli, Kouvonen and Gimeno 2014). The companys experiment of $5 has resulted a rise in the level of social media engagement of the company that is over 250,000 customers, producing considerably increased conversations among the users of Facebook on the initial book of the $5 Experiment as well as attracting millions of recent Facebook followers along with YouTube video views (Allegretto et al. 2013). The social media endorsements have been vital to the fast food companys brand image, further permitting the company to receive instant customer reviews and feedbacks. Through the massive socia l media implementation, the company has managed to witness a growth of over 50% since 2016 (Freeman et al. 2014). Public Perception on Hungry Jacks Hungry Jacks though being the leading fast food chain in Australia is being incompetent to maintain a renowned reputation lately. The company must take its accountability to keep effective supervision of its employee base. Hungry Jacks has posed no compulsion to seek to have the debtor organization that would consider the employee responsibility taking into account the commencing procedures. The company has been Australians favourite because of its high quality food. The fast food outlet has recently been in the light of media regrading work permit of foreign workers. The ministry of immigration and border protection recently has made an announcement of terminating the employment agreement of fast food industry whereby, foreign labourers are prohibited to work in their outlets (Lacy and Rutqvist 2016). Since the contract was announced, only 400 foreign labourers have been granted visas for employment in the Australian fast food industry (Doherty 2018). The Australian employees specif ically the youth population of Australia have been provided with utmost priority and has been guaranteed of productive career pathways to the young Australians. As the result, Hungry Jacks has intensively focused on employing young Australians recruits further giving them greater opportunities and career growth. Thus, the company recently has gathered a lot of attention from the countrys people further enhancing its brand image as well as employee retention. Conclusion Therefore, from the above discussion it can be concluded that Hungry Jacks has been dominating the Australian fast food industry for decades and thus performing effectively to maintain its brand image to retain its customer base. The paper effectively evaluated the organizational overview and background of Hungry Jacks. Furthermore, the report explored the characteristics of Australian fast food industry. In addition to this, the paper shed light on the communication procedures of the company by focusing on its social media implementation. The report has also examined the economic performances of Hungry Jacks by evaluating its growth of revenue generation in relation to market share and public reputation. Lastly, this paper has concentrated to the public perceptions of the company by reviewing its recent news and articles References Allegretto, S.A., Doussard, M., Graham-Squire, D., Jacobs, K., Thompson, D. and Thompson, J., 2013.Fast food, poverty wages: The public cost of low-wage jobs in the fast-food industry. UC Berkeley Center for Labor Research and Education. De Vogli, R., Kouvonen, A. and Gimeno, D., 2014. The influence of market deregulation on fast food consumption and body mass index: a cross-national time series analysis.Bulletin of the World Health Organization,92(2), pp.99-107A. Doherty, B. 2018.Fast-food chains barred from using foreign workers on 457 visas. [online] the Guardian. Available at: https://www.theguardian.com/australia-news/2017/mar/02/fast-food-chains-barred-from-using-foreign-workers-on-457-visas [Accessed 25 Apr. 2018]. Food, A. and Council, G., 2014. Quick service restaurant initiative for responsible advertising and marketing to children.Australian Food and Grocery Council. Freeman, B., Kelly, B., Baur, L., Chapman, K., Chapman, S., Gill, T. and King, L., 2014. Digital junk: food and beverage marketing on Facebook.American journal of public health,104(12), pp.e56-e64. Hungryjacks.com.au. 2018. Hungry Jack's - About Us. [online] Available at: https://www.hungryjacks.com.au/about-us [Accessed 25 Apr. 2018]. Hungryjacks.com.au. 2018.Hungry Jack's - About Us. [online] Available at: https://www.hungryjacks.com.au/about-us [Accessed 25 Apr. 2018]. Lacy, P. and Rutqvist, J., 2016.Waste to wealth: The circular economy advantage. Springer. Moodie, R., Stuckler, D., Monteiro, C., Sheron, N., Neal, B., Thamarangsi, T., Lincoln, P., Casswell, S. and Lancet NCD Action Group, 2013. Profits and pandemics: prevention of harmful effects of tobacco, alcohol, and ultra-processed food and drink industries.The Lancet,381(9867), pp.670-679. Pettigrew, S., Rosenberg, M., Ferguson, R., Houghton, S. and Wood, L., 2013. Game on: do children absorb sports sponsorship messages?.Public health nutrition,16(12), pp.2197-2204. Savitz, A., 2013.The triple bottom line: how today's best-run companies are achieving economic, social and environmental success-and how you can too. John Wiley Sons. Webster, J., Trieu, K., Dunford, E. and Hawkes, C., 2014. Target salt 2025: a global overview of national programs to encourage the food industry to reduce salt in foods.Nutrients,6(8), pp.3274-3287. Wellard, L., Havill, M., Hughes, C., Watson, W.L. and Chapman, K., 2015. The availability and accessibility of nutrition information in fast food outlets in five states post?menu labelling legislation in New South Wales.Australian and New Zealand journal of public health,39(6), pp.546-549. Wellard, L., Havill, M., Hughes, C., Watson, W.L. and Chapman, K., 2015. Energy?dense fast food products cost less: an observational study of the energy density and energy cost of Australian fast foods.Australian and New Zealand journal of public health,39(6), pp.544-545.

Natural Resources Policy of Financial Research - Myassignmenthelp.Com

Question: Discuss about the Natural Resources Policy of Financial Research. Answer: Capital investment decisions which is even known as capital budgeting or investment appraisal comprises of undertaking decisions that should have vital future advantages for the firm and its shareholders. The responsibility of the management in undertaking the right decisions on the investments in the long term assets and hence should pursue the key objective of generating additional wealth to the shareholders and the owners, as any faults may lead to a disastrous result and extensive losses. According to Arrow and Lind (2014), undertaking sound and effective business decisions is vital because as specifically huge amount of resources are generally involved and it is generally difficult or costly to back out from an investment after it has been undertaken. A development in the new and innovative technologies, products, equipment, facilities and plants need the requirement and usage of funds and therefore some parts of planning is essential to guarantee the success and to minimise the risk of failure. However, unfortunately various businesses around the globe fail as their capital investments are reliant on the spontaneous process of decision making, false calculations and incorrect factors. This is in some what is acknowledgeable as more than 90% of the businesses around the globe are Small and Medium Enterprises (SMEs) that manufactures more than 50% of the global GDP and employees a huge portion of the population of the world. Even though these companies for the base of the global economy, there has been an observation that most of them have the deficiency of the financial innovation of big businesses and therefore obligate serious mistakes in their decisions with respect to investment that may generally lead to adverse outcomes (Hel ms, Salm and Wstenhagen 2015). There are numerous formal processes and techniques that are exploited more or less efficiently by the managers and the companies in their process of capital budgeting. This can be understood by explaining the four general methods of investment appraisal that can be explained as follows: Accounting Rate of Return (ARR): This is even known as the average rate of return which is a financial ratio addressed in percentage and calculated by dividing the aggregate profit by the aggregate investments undertaken during a project life. It computes the anticipated returns from the net income and shows it in the percentage to the investments that have been made initially (Graham, Harvey and Puri 2015). Conversely, while this process is generally utilised and accepted its crucial restriction has been that it takes no focus on the factor of timing and hence a comparison among the several projects can show them equally attractive while certain others may create a faster investment return but may not be addressed as an effective option for investment. Payback Period (PP): This approach computes the required tine for the investment return to be undertaken from real cash flow that is created by a project. Therefore, the projects that will be able to recover the investments made initially faster are regarded more effective and hence stress on liquidity is given stress over profitability in the payback period method (Lane and Rosewall 2015). The time factors have a crucial role in this aspect and therefore payback period is regarded a better choice than the Accounting Rate of Return process Net Present Value: This method is regarded as a better solution of investment appraisal as it looks into the benefits and costs of a project as well as the timing factor in the process of calculation. The net present value discounts the future anticipated cash inflow from the project of investment explaining the interest that is lost to the investors, the associated risk and inflation that is anticipated (Ã… ½iÃ… ¾lavsk 2014). Internal Rate of Return (IRR): The internal rate of return even exploits the discounting future cash flows in the computation of a specific investment and represents the investment opportunity yields. Internal Rate of Return is the rate of discount that is explained as a percentage that will show a zero value on the net present value when it is implied to the future cash flows. Therefore, if Internal Rate of Return is more than the desired rate of return, then the investment is looked upon as profitable. Reference List Arrow, K.J. and Lind, R.C., 2014. Uncertainty and the evaluation of public investment decisions.Journal of Natural Resources Policy Research,6(1), pp.29-44. Graham, J.R., Harvey, C.R. and Puri, M., 2015. Capital allocation and delegation of decision-making authority within firms.Journal of Financial Economics,115(3), pp.449-470. Helms, T., Salm, S. and Wstenhagen, R., 2015. Investor-specific cost of capital and renewable energy investment decisions. InRenewable Energy Finance: Powering the Future(pp. 77-101). Lane, K. and Rosewall, T., 2015. Firms Investment Decisions and Interest Rates.Reserve Bank of Australia Bulletin. June quarter, pp.1-7. Ã… ½iÃ… ¾lavsk, O., 2014. Net present value approach: method for economic assessment of innovation projects.Procedia-Social and Behavioral Sciences,156, pp.506-512.

My Antonia Essays (377 words) - My Ntonia, Antonii, Willa Cather

My Antonia My Antonia, by Willa Cather has many symbols through out the novel. Symbolism reflects her own views as a child through her life. Some of these symbols are Jim's grandomother's garden and snake-killing incident. Jim's grandomother's garden made him fell as a part of nature, as human beings originally were in the Garden of Eden. When he came to the garden he would also wonder if people felt like this when they died and became a part of knowledge, goodness, sun and air. His maturity makes him feel how he really feels about Antonia. Jim was always afraid to tell Antonia how he felt about her. Ever since Jim laid eyes on her, he knew that she was the love of his life, but didn't want to tell her because of the big difference of the social classes. Jim often wondered if Antonia could serve as a motherm friend, lover or sweetheart. In the garden Jim and Antonia would play around, work in the garden and picked potatos. The garden symbolizes the freedom that children enjoyed during the youth years. When the sanke-incident happens Antonia brags about how brave Jim was. Antonia exclaimed to Jim's family, He fight something awful! He is all over Jimmy's boots. I scream for him to run, but he jsut hit an hit that snake like he was crazy. (Page 33). At this point Jim realizes that Antonia was more that a friend but Antonia sees him more like a little brother especially since he is four years younger than him. Work can also be another symbol in the term that Antonia worked hard in the farm. Her neck came up strongly out of her shoulders, like the hole of a tree out of the turf Cather emphasizes. Antonia goal was to prove her mother that she can work as well as Ambrosch leads her to compete with the men plowing and to pick up masculine traits that overshadow her feminity. Antonia would always work hard in the fields and people knew she was a hard worker. This symbol of work showes how she does not give up even though she is a girl. Through out the novel symbolism is often used in every chapter. Willa Cather often used symbolism portaining to Jim and Antonia. Willa Cather thought that using symbolism would bring more meaning to the novel. Book Reports

We the People Sample Essay - Were You Right to Vote For Trump?

We the People Sample Essay - Were You Right to Vote For Trump?Recently, a student was assigned to write a portion of a 'We the People' sample essay. He was assigned to write about whether or not he believed the United States was justified in going to war with Mexico. I believe that all of us should question the US government's reasons for waging war with Mexico because it was never the Mexicans' fault and we are the aggressors. Please consider this in 2020.Here is the statement that he wrote:'Mexican people are very rich. The Mexicans use the oil money to build luxurious palaces, resorts, and schools.'This is what the US government has been telling the American people, and many Americans are buying it. The US government knows that these people can be used against us and have used them before, as they did in Nicaragua and Grenada.The reason that the US was able to win its first Gulf War because of the propaganda they planted into the minds of the Iraqi people, is because they had tool s such as infomercials and personal development seminars to exploit this particular group of people. It did not take long for the United States to earn their trust and then wins the war.All I am saying is that if you ask me, are we justified in going to war with Mexico, I do not believe that the Mexican people deserve to have a country called Mexico. What I am saying is that the United States was wrong in attacking Mexico. I am asking those that did this to please take a good look in the mirror.Additionally, what the United States is not telling you, is that before there was NAFTA, Mexico was already an independent nation. Mexico was not that far behind on producing oil when the United States attacked Iraq, and the Mexican people are not rich because of that either.Therefore, the United States would have never been able to overthrow their democratically elected government and put in a dictatorship. There is a much better way to go about the business of international relations, which is to reach out to other nations, and make them friends.

Functions of Management at Arthur Andersen

Functions of Management at Arthur Andersen Free Online Research Papers Arthur Andersen was founded in 1913 in Chicago, Illinois and was seen as one of thee top accounting firms in the country with over 20,000 employees in the United States alone. Over the years times change and so does revenue, Arthur Andersen (the man himself) had high standards as to the practice of accounting, but his practice after his death in 1947 did not, resulting in many ethic and legal violations. WorldCom, Waste Management, and Enron are some of Arthur Andersen’s clients that have caused this once great accounting firm to almost non-existence. We will investigate Arthur Anderson’s legal, ethic, and social responsibility towards strategic, tactical, operational, and contingency planning to show how it has affected the company today. Introduction Arthur Andersen LLP once was recognized as one of the top accounting and auditing firms in the nation. Andersen had a broad range of clients from different industries and countries across the world, until legal and ethic violations ended the organizations reign in 2002 with the collapse of the Enron Corporation. Even before Enron there was speculation of wrongdoing with WorldCom as too the auditing practices of Arthur Andersen. Management planning at Arthur Andersen was known for making sound decisions with partners and alliances, until the late 1990’s where greed and illegal auditing practices took over. Due to ethic, legal, and social responsibility companies like WorldCom and Arthur Andersen collapsed and changes were made to protect the public from further illegal operations. Functions of management According to Niece, Trompeter (2004) all Andersen employees were trained in the same methods and each office followed firm policies established by the central management in the office of the chairman. Partnerships were the firms top management, Andersen had 50% share and was president, then his partner Leonard Spacek was vice president, over the years the firm would have more partners and employees. From there the firm introduced a committee to oversee rules and regulations called committee on accounting principles and auditing procedures (CAPAP). Like any big service industry company, management wanted to branch out in different areas such as consulting and management, with these new functions brought on divisions, not only in the States but in other countries as well. This would make Arthur Andersen the biggest accounting firm in the World. As Arthur Andersen grew so did greed from within the company, and alliances and divisions were split. This caused more competition and increase d greed among management of the firms resulting in legal and ethic violations at Arthur Andersen. Legal Issues Legal issues were never an issue in the early days of Arthur Andersen, when the organization was smaller and more structured. In 1996 Waste Management came to light in both legal and ethic violations as the SEC found Andersen reckless in their auditing practices. This led to charging large fees and making Waste Management look better on paper than originally thought without even receiving the correct financials. In the years 2000-2002 Arthur Andersen was caught in the middle of another scandal that rocked the economy: WorldCom was in the midst of the same illegal mischief as Waste Management but to a deeper extent and right in the center of this mess was Arthur Andersen. The Auditing firm for both Waste Management and WorldCom was in back to back battles with forging documents and fraud, but seemingly only received fines and a closer eye from the SEC and the federal government. David Duncan President of Enron was accused of shredding documents along with Arthur Andersen was the final and last straw for the firm, and in 2002 was brought up on federal charges of fraud, but in the end all the Andersen firm got was obstructing justice and lost their license to conduct audits even though they were never convicted or charged with bad audits. Ethics Arthur Andersen was an organization that was committed to honesty, integerty, independence, high legal and ethical standards, and dedication to the public; and now in 2008 the company is nothing more than a shadow of it’s former self. Ethics was important to Arthur Andersen who donated more than $5 million dollars to universities for awareness of ethical issues pertaining to business. Ethics was the backbone of the form that Arthur Andersen started in 1913, and due to the greed of cooperate officers and its partners has seen the last of this once proud and respected firm. Accounting and auditing practices have long held high standards of ethics, and due to the disasters of these organizations certain laws have been passed to bring confidence back to the public of financial institutions, the Sarbanes-Oxley act of 2002 is one that requires the rotation of lead auditors within in a firm to conduct audits. According to Orin (2008) the Sarbanes-Oxley act should be expanded to requ ire audit-firm rotation. This would bring independence back and restore public trust. Social Responsibility In order to take social and corporate responsibility, a organization must admit guilt. Arthur Andersen never really admitted any wrong doing in none of their cases in court, but did pay fines and reimburse shareholders for their loss. Is this all Arthur Andersen can do is pay fines and costs and not serve any other sanctions? Arthur Andersen’s social responsibility was to admit guilt and surrender its licenses to practice accounting, which it never did and to this day still, has operations in Chicago. With little or no customers the damage was done to this century old firm, and Arthur Andersen now holds the burden of social responsibility with no business. Factors of Planning Illegal and ethic violations: One factor that effects strategic, tactical, operational, and contingency planning is illegal and ethic violations, once these allegations are made the company needs to revisit strategies and come up with a plan to fight these allegations. The second phase would be tactical, what tactics are going to be used and how to implement them, this changes in how you operate not 100%, but as you could see if found guilty of any wrongdoing, your operations have been altered and need to be restructured. No company can plan for a disaster has the one that faced Arthur Andersen, but contingency plans were in place as to a legal council to brief and research certain violations pertaining to accounting. Cultural factors: Cultural factors can play a part in all phases of planning especially with international companies like Arthur Andersen. In the early 1940’s the firm wanted to improve relations with consumers and businesses overseas, this needed to be done by changing all plans in order to gain the confidence and respect of different cultures. Arthur Andersen did what all organizations do that succeed internationally, that is changes the plans of the organization. Economic factors: Economic factors can be the most important factor to changing all of an organizations planning. Whether the world is in a good market or bad, plans need to be changed when this happens. Another factor the economy plays is greed and Arthur Andersen’s demise was greed, this brought down the organization where no planning could save the firm, not even the contingency plan the firm had in place. Other organizations such as Chrysler has felt this economic crunch and has had too restructure the company from top to bottom in order to survive, at least for now. Conclusion Arthur Andersen was a top 5 accounting firm and due to poor management and greed the organization failed. Arthur Andersen basically created the standards of ethics for accounting and now it turned it back on the accounting practice, the public, and trust of companies to gain a profit and rise above the competition. When dealing with illegal activity and ethic violations the law and the public will always come out on top and the members of Arthur Andersen have forgotten all of the issues, ethics and responsibilities that made the firm a top 5 accounting institution. Since 1913 all of the planning and resources that the man Arthur Andersen had laid out is gone as quick as a Chicago wind. Many accounting firms have suffered in the wake of poor public perception and some have gained from the loss of Arthur Andersen. I wonder which company will be next in the news due to poor management planning and scandal. References Niece, J., Trompeter, G. (2004, Summer 2004). The Demise of Arthur Andersen’s One-Firm Concept: A Case Study in Corporate Governance. Business Society review,109 (2), 183-207. Retrieved December 15, 2008 from EBSCOhost. Orin, R. (2008, Winter2008). Ethical Guidance and Constraint Under the Sarbanes-Oxley Act of 2002. Journal of Accounting, Auditing Finance, 23(1), 141-171. Retrieved December 15, 2008, from EBSCOhost. Research Papers on Functions of Management at Arthur AndersenThe Project Managment Office SystemNever Been Kicked Out of a Place This NiceDefinition of Export QuotasAnalysis of Ebay Expanding into AsiaThe Effects of Illegal ImmigrationMarketing of Lifeboy Soap A Unilever ProductOpen Architechture a white paperInfluences of Socio-Economic Status of Married MalesPETSTEL analysis of IndiaAssess the importance of Nationalism 1815-1850 Europe