Understanding enron Assignment Example | Topics and Well Written Essays - 750 words

Understanding enron - Assignment Example Enron is a unique data point which cannot be considered a trend. Another perspective suggests Enron as an example of systematic governance failure. Openly roiling the market, Enron has established new demand among investors for transparency. Market has discovered that professional staff like gatekeepers cannot be trusted for handling the financial data. Enron demonstrates gatekeeper failure. Gatekeepers provide services of verification and certification to the investors. Attorneys are more of transaction engineers than reputational intermediaries, though they can also be included in the category of gatekeepers. Gatekeepers are known as valuable sources of information because of their tendency to provide honest assessment, though gatekeepers derive their importance from pledging a reputational capital, that is too dear to them to sacrifice for a little fee. However, heavy gains optimize a gatekeeper’s tendency to comply in managerial fraud. Enron’s gatekeeper let the man agers do fraud. The status of gatekeepers is changing. Arthur Andersen engaged in several security frauds. The number of earning restatements and the amounts involved increased by the 1990’s. Most securities analysts kept recommendations on the stock of Enron till its bankruptcy filing. Analysts are also reputational intermediaries. The ration of buy to sell kept increasing over the years in the 1990’s. Something made the gatekeepers compromise the objectivity and independence. Enron provides an example of the collective failure of gatekeepers, including the auditors, the analysts, and the debt rating agencies. Two explanations can be laid for the ignorance of the massive fraud by these watchdogs; the economic general deterrence story and the psychological bubble story. 1990’s saw a decline in the risk of auditor liability along with an increase in the benefits of acquiescence, which

Arguments of Cause and Effect Assignment Example | Topics and Well Written Essays - 500 words - 1

Arguments of Cause and Effect - Assignment Example When an argument of such magnitude is coming from an individual that has worked in NASA and who made the predictions that are happening today in terms of climate changes years before it happened, it tends to reinforce the prior ideas and theories on global warming making it much more compelling than other arguments (Hansen, 2012). According to Hansen, it is the increase in the greenhouse gases being emitted in the planet that increases the levels of CO2 in the atmosphere. This CO2 in turns blankets the earth creating an imbalance of heat and hence increasing the heat levels in the earth. It is as a result of the increased heat that rains have increased as well as glaciers started to melt. These arguments have been made purely from arguments of facts as the information is drawn from the research Hansen carried out with his team of the greenhouse gas emission and on the effects of these to the climate of the earth. Balog similar to Hansen is arguing that people are not taking the issue of global warming seriously. It is high time the matter is explained not only in plain language but using photography to bring the point home of the high rate at which glaciers are melting and the effect on the environment. The argument is presented in a series of photographs taken in different locations all over the world but presenting the same results in all of them. This method is effective as it is vivid and it helps show the real picture of what the earth is undergoing (Balog, 2009). This argument by Balog using photography reinforces the earlier arguments made through pure talk by other scientists and climate activists. With the information being illustrated and in different places all over the world as well, it becomes compelling and drives home the point about global warming and its effects to us. According to the speaker, the emission of CO2 in the atmospheres increases the temperature on earth which in turn starts melting the glaciers.

Answer the questions in Bold Essay Example | Topics and Well Written Essays - 500 words - 4

Answer the questions in Bold - Essay Example A single level of provider, or individual teams within a level, can provide assistance when others are unavailable or inappropriate. Responses appear to have improved since 2001 (Inglesby, 2011), but there are still concerns that need to be addressed. As the scale of a disaster increases, so does the involvement of multiple groups. The call for coordination begins at the instant that more than one team is attending to an emergency. Without properly integrating available services, there is little chance of providing the best possible assistance to those affected by the situation. Poorly strategized emergency services will cause overlaps and gaps in the allocation of personnel (Born et al., 2011). This deficiency would result in victims not receiving the appropriate help when it should otherwise be available (Geale, 2012). Poor skills management is also possible within a single unit, but is exponentially damaging as more teams become part of the system. Higher levels of emergency response will be activated as the situation increases in severity and, usually, in geographic impact. The damage caused by the faulty management of disaster assistance is severe when it occurs throughout high-level supervising authorities. The regular eval uation of these systems is a necessary step to ensure the minimization of losses due to emergency situations. The integration of emergency services at multiple levels is adequately but not perfectly supported by current United States policies. Local officials and organizations handle most emergencies, limiting the complexity of cooperative management and allowing for familiarity to develop between providers. When the state becomes involved it takes control of the operation while supporting and coordinating community efforts, which is appropriate given the duties and capabilities of state governments. Federal intervention is only

Articles Essay Example | Topics and Well Written Essays - 250 words - 5

Articles - Essay Example As good as, he was in advertising, Jack truly hated the business, which manifested itself when he retired, and sought to concentrate on art, which gave him satisfaction until his demise. That was then. One hundred years down the line, a new age group of advertising agencies has cropped up with new clients and new needs. I doubt if Jack would be pleased by the present advertising industry much more than the industry he ultimately left behind to concentrate on art. This does not mean that advertising has become any significant than it had previously been. The most important thing to remember is that the glimmer of creativeness holds the future of business. The year could be 2025 or perhaps 2035. You could be sleeping in iPyjamas and driving a driverless car. What is apparent at that time which resembles thirty or forty years ago is your e-mail, which you can log into while dressing probably because you can access it through your shirt pocket. Such are the changes that had been predicted by clairvoyants some twenty or thirty years ago. Media changes and advancements were not left out either by the seers. Technology and digital media will undoubtedly step up. Mobile devices, which are already the ideal internet and media platforms, will keep on growing (Khan, 2014). Globalization of the media will force the western world to step up its game due to competition from Latin America, Asia and even Africa. Evidently, the revolution of the media will take various routes hence be manifested by diversity. Probably the future has already encroached into our society with all the features that define the future media already manifesting themselves. The full impact is what is yet to be seen and we can only deduce the face of digital media in the future by the pace it is

System Analysis and Design 251 Assignment Essay - 2

System Analysis and Design 251 Assignment - Essay Example d information processing provides an insufficient decision support for designing new classes and activities which would meet the the club members’ fitness goals and increase the club’s revenue. For instance, there is no easy way for the management to know which class is most popular among the members and which class contributes the most to the overall revenue generated by the club. To summarize, the current manual club management system is unable to provide an insight into the intricate financial queries that can ascertain the financial costs and identify areas of club’s financial growth. Fitness Club needs an automated information system that ensures information is stored and presented in an organized manner. Furthermore it eases the management routine tasks pertaining to the financial aspects of the organization. Since the main users of the management system are the manager and the administrators, they are the main data inputs sources of the system. The Director, Instructor and Members can not alter the state of data managed by the system. They only get their schedule information or financial reports (generated by the system) through the Administrator/Manager. The system has two active users; the Manager and Administrator, who can alter the state of data. A third passive user is the website visitor, who only views the information the site automatically displays from the company’s data store that the system

Murphy Brewery Ireland, Limited (case study) Case Study

Murphy Brewery Ireland, Limited ( ) - Case Study Example As discussed in the case, Alcohol consumption was falling coz of increased health concerns. Murphy share was already less in the market as compared to that of its competitor so the company should come up with a focused strategy rather than a general one. For e.g. is Ireland Murphy developed growth thorough exporting and making such packaging design that targeted the take-home market. Another cause of the problem is that when we analyse Murphy’s competitor, it can be noted that they invest a lot on advertising. Guinness 12 million pounds investment in advertising called the Big Pint and extensive billboard advertising that represented the strength of the brand was a big success for it. Similarly Murphy’s sales could improve if they spend more budget on advertising. They need to come up as a big brand in order to establish a strong market share and to compete with Guinness and other leading brands. Murphy should work on the promotion of their brand. In order to sustain in the market they need to get big. They need to invest more in their advertising budget so that they can achieve a larger market share. The problem with this is that as they increase their market share they will also have to increase their capacity and will have to invest in that too. Another alternative to this is to remain a niche brand but that has its own pros and cons. Murphy has to see that if it is a premium brand then it should design its marketing mix according to that too. It is a good option as US consumers have high living standard and they represent a major market worldwide. At the same time they should consider that high end consumers have their own choices. So before becoming a premium brand a through market analysis should be carried out that identifies customer preferences and then a strategy shall be designed accordingly. The best thing that Murphy to do will be to work on increasing its market share. If they will not do it

What You Have Learned About About Organizational Systems Assignment

What You Have Learned About About Organizational Systems - Assignment Example Employees constitute one of the stakeholders in any organization. Employees provide the human capital required for the organization to succeed. Meeting and attaining organizational goals requires a team of employees who are committed to the organizational culture and development. Most managers use employees to solidify their organizational culture. Developing and maintaining a particular Organizational culture is central to the success of the organization because the culture is usually aligned with the goals and missions of the organization. Organizational culture will ensure that all the employees in the organization work towards a given direction. The reporter has learned the important role employees play in organizations, and in establishing an organizational culture. He would use employees to develop an organizational culture at his workplace that would ensure success in the corporate world. Careful selection of staff would ensure he develops the right organizational culture based on the goals of the workplace. Standardized procedures may help focus on the values that are crucial to the culture when getting employees for the organization. He would only choose those candidates who possess the values that fit the type of organizational culture he is developing.