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Thursday, August 27, 2020
Case 4.4 Waste Management
Squander Management, Inc. Squander Management, Inc. , consolidated in 1968, had become an innovator in the business of waste administration administrations going from mechanical tasks to curbside assortment. This organization had gotten equivalent with a wide range of sorts of removal benefits that took into account the organization to develop and develop with a strong base throughout twenty-eight years. At long last in 1996, the organization revealed absolute resources of nearly $20 billion with overall gain near $200 million. Be that as it may, even with this development and strong base, the organization was feeling serious weights and overall gain was on the decline.Everyone from nearby to national assortment organizations were currently charging less to the client and this was negatively affecting the gross edges and total compensation of Waste Management. With a monetary record that was intensely founded on gear and land Waste Management was starting to see that the best way to stay with the developing was to utilize deterioration and rescue esteem control to bring down the immediate hits of these costs. Since the issues were getting sufficiently enormous to see, the SEC started stepping in to examine the tasks, resources and bookkeeping techniques that were being used.Due to this, the organization gave a discharge saying they would alter and repeating certain times of their announcing and giving new structure 10-Ks and 10-Qs. When the repetition happened and a $3. 5 billion dollar misfortune was discovered the companyââ¬â¢s inaccurate bookkeeping forms were at long last uncovered. This brought about overall deficits for the organization just as obligation and value appraisals dropping steeply. The SEC currently propelled a conventional examination concerning the bookkeeping procedures and discovered numerous misquotes from maintaining a strategic distance from devaluation to ill-advised capitalization and inability to collect to appropriate liabilities .Many methods were utilized and the final product was that a large number of the administration teamââ¬â¢s individuals were named as respondents for this situation as it was seen that they were the ones who were principally answerable for the execution of this extortion. Through the examination, it was discovered that Arthur Andersen assisted with propping the misrepresentation up by not requesting that PAJEs be attempted to address mistakes. Rather, Arthur Andersen, who saw Waste Management as their ââ¬Å"jewelâ⬠customer, went into a concurrence with Waste Mangement to fix these mistakes in coming years.This established a consent to conceal misrepresentation and Andersen was then sued for common extortion by the SEC that conveyed an overwhelming cost. The organization stock plunged and Arthur Andersenââ¬â¢s accomplices were fined and prohibited from the reviewing of open organizations for as long as five years. This general absence of inner control and ravenousness in the organization eventually prompted a ruin for some accomplices and overseeing individuals at both Andersen and Waste Management. Case Questions: 1) Three conditions are regularly present when extortion exists.First, the board or workers have a motivating force or are feeling the squeeze, which gives them motivation to submit the misrepresentation demonstration. Second, conditions exist â⬠for instance, missing or incapable inside controls or the capacity for the executives to abrogate controls â⬠that give a chance to the extortion to be executed. Third, those included can justify the extortion as being reliable with their own code of morals. A few people have a mentality, character, or set of moral qualities that permits them to purposely submit a false act.Using knowing the past, recognize factors present at Waste Management that are demonstrative of every one of the three misrepresentation conditions: motivations, openings, and perspectives. Motivating force Management gr oups of traded on an open market organizations are consistently under tremendous tension from investors to meet and surpass profit desires. Numerous investors see year over year development, and execution versus income as an indication of soundness of the organization theyââ¬â¢ve put resources into. The weight on supervisory groups is intensified when poor outcomes could without much of a stretch spell the finish of an executiveââ¬â¢s residency with the company.In the instance of Waste Management during the 1990ââ¬â¢s, originator and CEO Dean Buntrock made and sustained a whole culture of misrepresentation. While Waste Management kept on delivering bogus numbers to general society, Buntrock utilized organization cash to make beneficent commitments and present himself as a better than average, moral individual (Securities and Exchange Commission: 2002). He got a lot of cash while he executed the misrepresentation, and his official group was boosted for their job also. Opport unity At the time the misrepresentation existed, inward controls were nearly non-existent.The supervisory group utilized various ill-advised bookkeeping rehearses that didn't follow GAAP. As expressed before, CEO Dean Buntrock not just permitted inside controls to be circumvent, he urged them to be overlooked and formed bookkeeping strategy with the sole reason for making the focused on profit numbers each year. The inspecting firm, Arthur Andersen, LLP, was likewise appeared to have complicity. The accomplices at Andersen realized that the companyââ¬â¢s strategies were not agreeable so they gave Waste Management proposed altering sections to their books.Waste Management would not make the alterations so Andersen had Waste Management approve a rundown of 32 stages the organization must do to change its practices. The record legitimately established an understanding among the two gatherings and obviously shows that Andersen knew about extortion that Waste Management had concealed before. Besides, Andersen didn't face the organization and kept on issueing unfit review assessments. Andersen was persuaded by insatiability, as they charged Waste Management over $25M in seven years.Additionally, until 1997, Waste Management had never employed a CFO or CAO that had not worked for Andersen before. During the 1990ââ¬â¢s when the misrepresentation happened, 14 previous Andersen representatives worked for Waste Management, numerous in key positions. The conditions existed so an outcast, who could end up being an informant, appeared to not be permitted into the internal circle where the extortion was occurring. Squander Management could be guaranteed by the high charges it was paying Andersen that the organization would have a constant flow of possible fund/bookkeeping representatives who comprehended the misrepresentation and how to keep on executing it.Attitude Oneââ¬â¢s disposition and moral convictions shape how they perform under conditions throughout everyd ay life. The two primary reasons why individuals decide to act unscrupulously, as in the Waste Management case, are that their gauges are not the same as society in general, or the individual decides to act in a narrow minded way (Securities and Exchange Commission: 2002). Covetousness, acclaim and acknowledgment would all be able to be spurring factors for somebody to carry on unscrupulously. Squander Managementââ¬â¢s Dean Buntrock had a lot of morals (or scarcity in that department) that permitted him to submit fraud.He was obviously inspired by avarice, was narrow minded, and had no issues with duping financial specialists. He gained nearly $17M in close to home riches while financial specialists lost billions of dollars of significant worth in their portions of Waste Management. He likewise maybe legitimized his conduct. He may have determined that his chances of being identified were exceptionally low since he realized that the reviewers at Arthur Andersen would give an inad equate review supposition paying little heed to how imaginative he got with his bookkeeping misrepresentation. The examiners additionally plainly acted deceptively in their dealings with Waste Management.Even however they knew that misrepresentation was happening, as expressed above, they kept on issueing inadequate review assessment and twist to the desire of Waste Management administrators. The evaluators never faced the organization, no doubt out of dread of losing a customer that paid them nearly $25M every year in charges. Furthermore, Waste Management had a reputation of recruiting Andersen examiners into significant level position, so they were carrying on of ravenousness too. 2) Review Waste Managementââ¬â¢s Consolidated Balance Sheet as of December 31, 1996.Identify records whose adjusts were likely founded on noteworthy administration estimation methods. Portray the reasons why appraisals were required for every one of the records distinguished. Squander Management had a few fixed/long haul resource accounts whose adjusts depended on estimation strategies. On the December 31, 1996 monetary record, the Vehicles and gear account is horribly exaggerated. The organization ââ¬Å"avoided deterioration costs on their waste vehicles by both appointing unsupported and expanded rescue esteems and broadening their valuable livesâ⬠(Arens: 2011).In different words, organization the executives swelled their ââ¬Å"vehicles and equipmentâ⬠account through estimation. With respect to the Land â⬠removal destinations account, Waste Management likewise allocated irregular rescue esteems for some advantages that had no rescue esteems by any means. Appraisals are required in light of the fact that it is highly unlikely to decide precisely what the exchange estimation of a truck is a long time from now. The bookkeeping group must utilize their best judgment to appraise esteems dependent on at various times data.The domain of significant worth estimation is a noteworthy ill defined situation for bookkeepers where misrepresentation can be submitted. With that in mind, gathered devaluation is another record that is terribly downplayed on the December 31, 1996 asset report. Bookkeepers must gauge deterioration esteems dependent on a specific strategy for devaluation, yet they can decrease the impact of deterioration on the monetary record by falsely expanding the rescue estimation of advantages and additionally by protracting the evaluated helpful existence of an asset.Again, gauges are required on the grounds that an accountantââ¬â¢s supposition that is important to decide the normal qualities due to the inconceivability of anticipating what will occur later on. 3. Depict why records including huge administration estimation are for the most part seen as inalienably dangerous. a. When managing the board estimations, numerous diffe
Saturday, August 22, 2020
Definition and Examples of Leading Questions
Definition and Examples of Leading Questions A main inquiry is a kind of inquiry that suggests or contains its own answer. On the other hand, a nonpartisan inquiry is communicated in a way that doesnt propose its own answer. Driving inquiries can fill in as a structure ofâ persuasion. Theyâ are explanatory as in the suggested answers can be an endeavor to shape or decide a reaction. Phillip Howard says: While we are on about inquiries of talk, let us put on the record for those being met on TV thatâ a driving inquiry is certainly not an antagonistic oneâ that goes to the stub and puts one on the spot(A Word in Your Ear, 1983). Notwithstanding TV news coverage, driving inquiries can be utilized in deals and advertising, in prospective employee meetings, and in court. In surveys and studies, a tricky inquiry can slant the outcomes: Unobtrusive leadsâ are questions that may not be promptly perceived as driving inquiries. Harris (1973) reports considers which show that the manner in which an inquiry is worded can impact the reaction. For instance, asking someone how tall a ball player is created more prominent evaluations than when respondents were asked how short the player was. The normal supposition of the individuals who were asked how tall? was 79 inches, rather than 69 creeps for the individuals who were asked how little? Hargie depicts an investigation by Loftus (1975) which detailed comparative discoveries when forty individuals were gotten some information about cerebral pains. The individuals who were asked Do you get cerebral pains every now and again and, assuming this is the case, how frequently? revealed a normal of 2.2 migraines every week, while the individuals who were asked Do you get cerebral pains sporadically and, assuming this is the case, how frequently? detailed just 0.7 every week. A few questioners may intentionally utilize inconspicuous prompts acquire the appropriate responses they want, however frequently neither the questioner nor respondent knows about the degree to which the wording of the inquiry can impact the response.(John Hayes,à Interpersonal Skills at Work. Routledge, 2002) In Court In a court, a main inquiry is one that attempts to place words in the observer mouth or searches for the individual to reverberate back what the examiner inquired. They dont leave space for the observer to recount to the story in their own words. Creators Adrian Keane and Paul McKeown represent: Driving inquiries are generally those so surrounded as to recommend the appropriate response looked for. Along these lines it would be a main inquiry if counsel for the arraignment, looking to build up an attack, were to ask the person in question, Did X smacked you in the face with his clench hand? The best possible course is ask Did X do anything to you and, on the off chance that the observer, at that point gives proof of having been hit, to pose the inquiries Where did X hit you and How did X hit you?(The Modern Law of Evidence, tenth ed. Oxford University Press, 2014) Driving inquiries are not permitted on direct assessment yet are permitted on questioning and select different cases, for example, when the observer is named as an antagonistic one.â In Sales Creator Michael Lovaglia clarifies how sales reps utilize driving inquiries to check clients, outlining with a furniture store salesperson:â Purchasing a roomful of furniture is a significant buy, a major decision....The sales rep, standing by fretfully, needs to rush the procedure along. What would she be able to do? She most likely needs to state, So get it as of now. Its only a couch. However, that would not help. Rather, she poses a main inquiry: How before long would you need your furniture conveyed? The client may answer Right away or Not for a couple of months, until we move into our new house. Either answer fills the salespersons need. The inquiry expect that the client will require the stores conveyance administration, however that is genuine simply after the client purchases the furnishings. By responding to the inquiry, the client infers that she will proceed with the buy. The inquiry helps drive her into a choice that she had been questionable about until she addressed it.(Knowing People: The Personal Use of Social Psychology. Rowman Littlefield, 2007)
Friday, August 21, 2020
How Much Do People Spend on Fantasy Football
How Much Do People Spend on Fantasy Football How Much Do People Spend on Fantasy Football? How Much Do People Spend on Fantasy Football?Plus: How many work hours a week do people spend on their fantasy teamsâ"and what percentage of players pay fellow league members to help them cheat?!With nearly 75 million people playing fantasy football all across the US, sometimes itâs hard to tell what folks like more: Watching actual football games or trying to crush their friends in fantasy.But playing fantasy football isnât just about the sweetness of victory for most people, theres also the chance to win some sweet cash. So as fantasy football leagues across the country hold draft parties and gear up for their season, we wanted to know just how much money people are spendingâ"and winningâ"by playing fantasy. Thatâs why we conducted a survey of over 600 fantasy football players nationwide to get the skinny on how much they are paying to play.Our results found that people are mostly spending responsibly when it comes to fantasy football, with a median league buy-in of $50. O f course, responsible spending also means less exciting prizes, as players reported a median first place prize of only $350. Sure thatâs nothing to sniff at, but it might just indicate that money is not the primary motivating factor behind playing. $350 wonât last you long while bragging rights last a full calendar year.Of course, for most fantasy football players, playing in a league means losing money. And for the vast majority of business owners, having employees that play fantasy football means losing money to unproductive work hours. To wit: A whopping 96.6 percent of fantasy football players surveyed said they spent time at their job working on their fantasy team, with a reported average of 6.9 work hours spent on their team per week. Thatâs almost a full workday lost!Check our survey results in the infographic below, then keep scrolling for some additional breakdowns, including a fun little behind-the-scenes story that led to our most surprising answer (click image to e xpand)How much do league members pay to play?In most leagues, players have to offer a buy-in in order to participate. The winner of the league then collects most of that pot at seasonâs end. Oftentimes, the second place finisher is also awarded a portion of the pot, while the third place winner is rewarded with having their buy-in returned to them. The size of the pot is determined by the size of the buy-in and the size of the league itself.When it comes to the average dollar amounts for buy-ins and payouts, plus the average number of members in each league, our survey results broke down as follows :Median number of people in a league: 12Median buy-in: $50Median first place: $350Median second place: $150Median third place: $50If you and your friends want to play fantasy football but you dont have a ton of spare cash, no worries! Restructuring your league fees is one of the ways you can play fantasy football without breaking the bank. For more, check our recent blog post,How to Cro wn a Fantasy Football Winner on the Cheap.Fantasy football drafts can be spendy affairs.While some fantasy football leagues simply hold an online draft, many others consider the draft to be an excuse to get together and party. Some go really all-out with it, but even the more modest drafts can be quite the affair. As such, league members will usually all pitch in money to fund the draft party as well as spend some additional dollars on their own food, drink, and transportation.According to our survey results, the average amount that each fantasy football player spent on their leagueâs draft party was $131. Adding in a $50 buy-in, the average cost of participating in a league is already at over $180â"and the season hasnât even started! Still, most of the costs with a league come up front, and the months of enjoyment that league members can get for their participation make it a pretty efficient spend.Players should rethink their draft strategy.There are currently so many fantasy football heads out there cranking out quality content that it can be totally overwhelming to try and settle on a strategy. Still, there is one thing that pretty much every expert agrees on: Donât draft a quarterback first.The reasoning is simple. There are a lot of quarterbacks in the NFL putting up great stats, and there is only one starting quarterback slot on each fantasy team. Meanwhile, there are far fewer running backs with huge fantasy numbers and, besides, there are two running back and wide receiver slots on each team. Aiming for top running backs and receivers will put you at a far greater advantage than targeting a great QB.And yet, here were the results when we asked players which position they drafted first:56 percent pick a Quarterback first25 percent pick a Running Back first10 percent pick a Wide Receiver first3 percent pick Defense/Special Teams first4 percent pick a Kicker first2 percent pick a Tight End firstYikes. If you are serious about winning your fantasy leagueâs potâ"or at least getting your buy-in back by finishing thirdâ"then you seriously need to avoid drafting a quarterback in the first round. On this blog, we talk a lot about how people need a strategy if they want to take control of their finances, and the same goes for playing fantasy football ⦠but a strategy that involves picking QB first is probably not a strategy worth following.Oh, and if you are part of the seven percent of players who drafted a defense/special teams or a kicker first, just go ahead and set your money on fire. Thanks.Punishments for finishing last werenât too sadistic.The punishment for finishing last in your fantasy football league is a pretty good measure of what kinds of friends/coworkers youâve managed to surround yourself with. Healthy competition is nice, but overly cruel or unusual punishments for last-place may be a sign that you should get some new friends or start applying for new jobs.Luckily, most of the punishments from our surv ey respondents were pretty normal stuff. Common punishments included:Buying drinks or a meal for everyone elseHosting and paying for a Super Bowl partyDisplaying a loser trophy of some kindWearing a rival teamâs jerseySome respondents, however, reported forcing the loser to get a tattoo of the winnerâs choosing. Wow. If this is the punishment chosen for the loser of your league, then we wish you luck. Seriously.A lot of workers spend A LOT of work hours on their fantasy teams.Having an office fantasy football league can be a great way to build camaraderie amongst coworkers. Unfortunately, it can also be a fantastic way to lose a lot of man-hours to your employees working on their teams instead of, well, their actual work.96.6 percent of fantasy football players who responded to our survey reported that they spend time at their job working on their fantasy football team. They also reported how much time they spend working on their team: An average of 6.9 hours per week.Given tha t the average workday is eight hours long, that means that the average player is spending almost an entire working day per week on fantasy football. On the other hand, coworkers are also potentially getting extremely upset at each other over bad trades, close losses, and general tomfoolery ⦠so really itâs a win-win?And what if one of those players turns out to be a big olâ rotten cheater? What will happen to office morale then? You might think this isnât a problem in your league, but judging by our survey results, the odds are definitely not in your favor.More players pay money to cheat than we expected.Please enjoy this peek behind the OppLoans curtain:When we decided to run this survey, a few OppLoans employees had an impromptu meeting about what questions we should include. During this conversation, we got on the topic of how much money people spend on their fantasy football team in total. One employee, who shall remain nameless, mentioned that a common expenditure in her experience was paying other league members in order to trade for their good players.The rest of us were aghast. This was clearly cheating. Staring back at us with a cold, dead stare, she replied that there was absolutely nothing wrong with this practice, that she assumed everyone did it, and that she felt no remorse. We decided to include a question about paying other league members for trades in this survey in order to get to the bottom of the issue once and for all.Well, judging by our survey results, at least some of horrified coworkers were actually lying liars wearing pants that most definitely on fire. An incredibly worrying 25 percent of fantasy football players surveyed reported paying other league members in order to grease a trade for a superior player. Thatâs one of out every four participants!In case you were wondering, our nameless coworker was very pleased with these results. The office fantasy football pool this season should be very interesting.If you enjoyed this piece, check out these other original surveys from OppLoans:Summer Jobs: Teens and Young Adults are Working (and Saving!) More Than You ThinkHow Much Would it Cost to Travel to Every Star Wars Filming Location?How Much Parents Spend on Their Kids State by StateHow do you spend on fantasy football? We want to hear from you! You can find us on Facebook and Twitter.Visit OppLoans on YouTube | Facebook | Twitter | LinkedIN
Monday, May 25, 2020
Manifest Destiny - 1555 Words
The Evolution Of Transportation Manifest Destiny was a widely spread belief that settlers in the United States should expand across North America. It was the belief that fueled the westward expansion. The westward expansion led to many other events in and around the United States. Before Manifest Destiny and the westward expansion the French and Indian War and Revolutionary War took place which allowed America to declare independence. Manifest Destiny was a big influence on the evolution of transport and technology. Before we look at the main influence on transport and technology we must look at what happened before Manifest Destiny. Some events helped to influence Manifest Destiny and the evolution of transport and technology. One eventâ⬠¦show more contentâ⬠¦The conflict was caused by British violations of U.S. maritime rights. The war ended in 1815 with the exchange of ratifications of the Treaty of Ghent. United States now owned territory up to the Missouri River and explored the Louisiana Purchase. After settling this territory Manifest Destiny became a very popular idea and belief. Manifest Destiny was used to justify the war with Mexico in the 1840ââ¬â¢s which resulted in the U.S. owning more land that Mexico previously owned. The idea spread throughout the United States. It was such a popular belief because of the ideas behind it. Many of the ideas behind Manifest Destiny were influenced by the Second Great Awakening. Settlers believe that God blessed the expansion of America. They also believed that all Native Americans were heathens. By converting the Native American tribes they believed they were saving souls and were doing good. A symbol of Manifest Destiny is ââ¬Å"Columbiaâ⬠and it shows the figure moving across the land in advance of settlers, replacing darkness with light and ignorance with civilization. There was also other influences on Manifest Destiny. Such as the economic motives. Aspiring homesteaders were drawn in by the desire for more land. Once gold was discovered in California in 1848 the number of migrants increased drastically. The westward expansion had many big influences. Manifest Destiny was the main idea for expanding west. The Second Great Awakening was a big influence asShow MoreRelatedEssay On Manifest Destiny1709 Words à |à 7 Pagesone of many seminal events in the history of the United States. However, it began the debt we are still in today; the Louisiana Purchase gave us the land that began the Manifest Destiny. ââ¬Å"The term Manifest Destiny originated in the 1840ââ¬â¢s when John L. Oââ¬â¢Sullivan said in an article that it was the American colonistââ¬â¢s Manifest Destiny to spread over the continent and that God had given them the land for the sole purpose of multiplying and free development.â⬠(History.com staff). It was this philosophyRead MoreThe Manifest Destiny Essay1076 Words à |à 5 Pagesfull swing by the 1840s. Which evidenced that the continued expansion of the states was an issue and the idea of a Manifest Destiny was of major importance. John L. Oââ¬â¢Sulliv an once stated, ââ¬Å"Our Manifest Destiny is to overspread the continent allotted by Providence for the free development of our yearly multiplying millionsâ⬠(America: A Narrative History). The idea of a Manifest Destiny originated in the 1840s by the Anglo-Saxon Colonists to expand their ideal civilization and institutions across NorthRead MoreManifest Destiny : Ideal Or Justification Essay883 Words à |à 4 PagesManifest destiny: Ideal or Justification The Louisiana Purchase doubled the size of U.S in 1803. But it is not enough for ambitious Americans, we are not satisfied, we wanted more territory. So western expansion did not end, it actually keep moved. Westward Expansion is a very significant part in U.S history. It operated perfectly based on the ideology called manifest destiny. However, the creation of this theory is on purpose. It was used to push U.S territory to further west. When the idea of manifestRead MoreManifest Destiny Is An American Philosophy Essay2281 Words à |à 10 Pages Manifest Destiny is an American philosophy with which it is to justify how that country has understood their place in the world and how to relate to other people. It is a doctrine, phrase or idea that expresses the belief that the United States is destined to spread to the four winds as supports the idea that is, to expand on the territories conquered North America and, in general, on the Western Hemisphere. This doctrine was not free of racism, considering that the American people wereRead MoreManifest Destiny Research Paper :1382 Words à |à 6 Pages2014 Manifest Destiny Research Paper: The 1840ââ¬â¢S were years of unprecedented growth for United States; in a mere four years, the national domain more than doubled with an additional 1.2 million miles being added to the country. (PBS) This was due to a movement called Manifest Destiny that suggested that the United States was ââ¬Å"destinedâ⬠to stretch from coast, sea to shining sea, uninterrupted by anything or anyone. (History.com) However, complex and underlying motives guided Manifest Destiny advocatesRead MoreManifest Destiny And Westward Expansion Essay1447 Words à |à 6 Pages1) OUTLINE: I. Topic sentence. Manifest destiny and westward expansion was a tremendous key component to the growth of the nation economically because of the impact it had on native americans, women empowerment, and expanding the population of the country. II. Significance of topic. Americans looked towards the western lands as an opportunity for large amounts of free land, for growth of industry, and pursue the manifest destiny. III. List of evidence related to topic. The railwaysRead MoreManifest Destiny: Term or Reality Essay1315 Words à |à 6 PagesThe three authors that describe Manifest destiny have very different beliefs but all use one person with vastly different views on Manifest Destiny and his beliefs on the term. The person that first used the term in any form of writing was John Oââ¬â¢ Sullivan and is accredited with coining the phrase but much of this time had this strong belief in expanding the territory and states of the United States. Their views on this term were different because some believed that the United States should expandRead MoreExplain The Background, And Repercussions Of Manifest Destiny1956 Words à |à 8 PagesExplain the background, and repercussions of, Manifest Destiny. In 1845, John Oââ¬â¢Sullivan wrote an Article in the ââ¬ËUnited States Magazine and Democratic Reviewââ¬â¢ in favor of the annexation of Texas. In this article the term ââ¬ËManifest Destinyââ¬â¢ was created. Oââ¬â¢Sullivan wrote ââ¬Å"the fulfilment of our Manifest Destiny to overspread the continent allotted by Providence for the free development of our yearly multiplying millions.â⬠Thus supplying the American people with the idea that it was their God-givenRead MoreManifest Destiny, By John L. Sullivan1491 Words à |à 6 PagesIt is hard to read anything about the history of the United States without coming across the term ââ¬Å"Manifest Destinyâ⬠. Manifest Destiny is a term, which was first coined by John L. Sullivan in the summer 1845 issue of the Democratic Review. ââ¬Å"Hence it was carried into the debate on the Oregon question in the House of Representatives and proved to be such a convenient summing up of the self-confident nationalist and expansionist sentiment of the time that it passed into the permanent national vocabularyRead MoreInsight about the Mexican War and the Manifest Destiny Essay1046 Words à |à 5 Pagesthe Mexican War and how did it begin? or What is Manifest Destiny and who came up with it? Those are all very good questions, so let me take the time to give you some insight about the Mexican war and Manifest Destiny. The Manifest Destiny was the belief that the United States was destined to expand from coast to coast. It was the concept that which heavily influenced American policy in the 1800s. Americans supported the manifest destiny because the Southerners wanted more land and Northerners
Thursday, May 14, 2020
Study Questions Essay - 2492 Words
Questions for Review Chapter 3 1.) What levels of meaning can be found in Genesis 1.1-2.4a? From Genesis 1.1-2.4a it can be discerned that God is the creator of all. He created the world and its inhabitants from a vast nothingness. The text reflects upon who God is and what His capabilities are through the act of creation. The verses allow that God is communicating with us. It is communicated what Gods will is for man and gives us a history of our beginnings. From the data provided in the verses, scientists can conclude as to the how and why the order of creation came about. For example, light was first, land second, and then plants. Light and land are needed for plats to survive. The passages allude to the fact that He and Heâ⬠¦show more contentâ⬠¦The mythology/fables of the ancient text are often aligned with that of the biblical scripture. However, the text of the two sources also conflict. Both accounts of creations give contribute to a deity. Ancient mythology gives credit to gods and goddesses who are often written to be in battle or conflict and the en d result is creation, whereas, Biblical writers give all credit to God. The theologies, mythology, and biblical accounts, give explanations that begin with contingent events that make creation its outcome. Both accounts characterize chaos before the creation. The two versions agree on the chronological order of creation. The Sabbath day is original to Biblical text even through its origins are obscure. There has been no distinct text for Near Eastern mythology that contradicts the Biblical tale. Chapter 4 1.) What are the data that led scholars to arrive at the Documentary Hypothesis? How does the Documentary Hypothesis explain this data? The argument over the material that is comprised of the first five books of the Bible and that Moses was the author is speculated to be hypothetical. The data that led scholars to arrive at the Documentary Hypothesis points out that there is no evidentiary support or documentation to back up the information claimed in the first five books. The Documentary Hypothesis includes repetition, shows similarities, reflects inconsistences,Show MoreRelatedCase Study Questions1940 Words à |à 8 Pagesa. Is Mercury an appropriate target for AGI? Why or why not? b. Review the projections by Liedtke. Are they appropriate? How would you recommend modifying them? c. Estimate the value of Mercury using a discounted cash flow approach and Liedtkeââ¬â¢s base case projections. c. Do you regard the value you obtained as conservative or aggressive? Why? e. How would you analyze possible synergies or other sources of value not reflected in Liedtkeââ¬â¢s base assumptionRead MoreQuestion case study Essay681 Words à |à 3 Pagesï » ¿ List questions Case Studies Bella Healthcare India 2012, HBS #4441 STRAT MAGT ââ¬â Internationalization; product development; ââ¬Å"local for localâ⬠strategy UD: 12/12/2012 Overview and Objectives: The case traces the path taken by an overseas operation from low cost manufacturing to higher value-added activities such as RD. It asks students to consider the factors driving the evolution and this timing and circumstances that would make it successful. It creates the opportunity toRead MoreCase study discussion questions1663 Words à |à 7 Pagesï » ¿Case Study Discussion Questions for Case Studies in Entrepreneurial Management and Finance Professor Edward H. Chow Spring 2013 1. (2/20) Introduction and get acquainted: Entrepreneurship and finance Lecture and discussion: A perspective on Entrepreneurship, Howard H. Stevenson, 1988 (9-384-131) How is finance related to corporate objectives? Note on the financial perspective: What should entrepreneurs know? William A. 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Wednesday, May 6, 2020
Chronic Injuries Robbed Ken Griffey Jr. of Homerun King...
He hit 600 home runs (5th most all time), won 10 gold gloves, and made 13 All Star Games. In almost 150 years baseball history, only the great Willie Mays can match Ken Griffey Jr. in these statistical categories. However, despite these extraordinary stats, Ken Griffey Jr. may be the ultimate ââ¬Å"What Could Have Beenâ⬠player. An incredibly promising career was derailed in the latter half by chronic injuries that robbed him of hundreds of games. If not for these injuries, Griffey was well on his way to becoming the Home Run King (Stark, 2010) and possibly the greatest player ever. Despite these setbacks, Griffey is still revered as one of the greatest and most popular MLB players ever. The savior of baseball in Seattle and the lone star toâ⬠¦show more contentâ⬠¦He gained endorsements with Pizza Hut and General Mills, and had his own Nintendo video game and Nike shoe line. He also appeared in many TV shows such as The Simpsons and The Fresh Prince of Bel Air, as well a s movies, and wrote his own autobiography (Ferguson, 2011). His 1989 rookie card remains the most popular baseball card ever. During the prime of his career in the late 1990s, he was easily the most popular baseball player and possibly even most popular athlete in the world. Nowhere in the country is he more popular than in Seattle, where he is considered the savior of baseball in the city. In the 1980s, the Mariners were a historically moribund franchise playing in the crumbling Kingdome. Prior to his arrival, the Mariners had been seriously considering a move to Washington DC, but that all changed once Griffey came (Fort, 2000, p. 313). His exciting style of play immediately attracted fans and attention to the franchise (Caple, 2010). In 1995, Griffey led a miracle rally to the Mariners first playoff appearance in decades (Reader, 2010), and capped the season by scoring the game winning run to defeat the New York Yankees in the first round (Schaefer, 2003, p.6). His rise rejuvenated baseball and the city in general, leading the building of the new stadium, Safeco Field, dubbed the ââ¬Å"House That Griffey Builtâ⬠. Griffeyââ¬â¢s most enduring legacy, however, was being one of the few star players who were not involved in
Tuesday, May 5, 2020
Markets Marketing And Strategy
Question: Select a company from the automotive sector (e.g. Ford, Peugeot, Toyota, etc.) and then research and write a report that addresses each of the following elements:a) Analysis of the industry and business environment.b) Assessment of the companys assets and resources.c) Segmentation within the sector and the segment(s) targeted by your chosen company.d) A discussion of how, if at all, an understanding of these three elements is related to the businesss performance. Answer: Introduction Jaguar has been a leading car manufacturer in the mid/high end sports cars and SUVs. In the wake of recession in the past sequential years, the company has witnessed a gigantic change in general execution since procurement by Tata Group, as of late taking a benefit in abundance of 1.5bn in Fy'12. It confronts rivalry from German firms, for example, BMW and Mercedes Benz, who work in a comparative segment, both achieving 285% of JLR's unit deals in the past few years. Jaguar Cars, established in 1922, is one of the world's premier makers of extravagance cantinas and sports cars, for example, their most recent auto: the F-Type deal mid-2013. Hustling variations of most models are accessible, e.g. XKR-S, permitting access to the lucrative execution auto market with a deal value of79,995 relying upon design (Jaguar 2012). SWOT Analysis of Jaguar Strengths Tata Motors' takeover bid has supported speculation potential; 1.5bn. Successful new products e.g. Range Rover Evoque that has been one of its biggest grosser. Railhead terminal has increased distribution potential (Jaguar 2012). Weaknesses Half the execution per employee of BMW as a result of exchanges union impact. Lost past owners (ford's) relevant experience in the sector after obtaining. Opportunities Rapid development of BRIC economies, for example, China; at minimum 7% genuine annual GDP development since 1999. the consumers becoming more environmentally conscious, credit of 340m secured to direct RD. Weakness in the currency supports JLR exports, drives revenue increase of 37% from fy'11-'12. Threats Few eco-accommodating offerings means climbing fuel prices may unfavourably influence JLR sales. Powerful exchange union influence in the UK has proportionally greater effect on JLR proficiency to contenders. Foreign organization may weaken brand image and deter UK clients (Kpmg 2013). Industry and Business environment All in all, vehicles created by Jaguar fall into the extravagance cantina/sports auto or extravagance SUV classes. Various car manufacturers contend practically straightforwardly with Jaguar in these parts, the biggest. These figures speak to the worldwide oligopolistic business; there are numerous locale particular varieties (Kpmg 2013). Case in point, in the United States, Chrysler has served as an essential contender to Jaguar, with 43,000 units sold contrasted and Jaguar's 5,000 for the past two years. The worldwide car industry is liable to a scope of variables that are increasing complexity and impacting the financial alternatives accessible to auto makers (Unescap 2007). The maximum share of these elements associates with each other and have strong interdependencies. Notwithstanding, some of these variables are business sector prompted and, consequently, can't be impacted straightforwardly by the car makers. Globalization, regionalization and business joining - Due to the impacts of liberalization the national markets are progressively globalized. This gives OEMs the opportunity to grow to new markets, additionally expands the risk of new participants or expanded rivalry in conventional markets. Cases in point, European OEMs right now confront a forceful deal hostile by Hyundai. The opposite part of globalization is localization, which implies that nearby tastes and customer inclination must be considered by organizations. The idea of institutionalized "world auto" as advanced by Ford a couple of years prior would not succeed in today's reality (Unescap 2007). An alternate issue for any OEM is business sector union because of digitalization of very nearly all items and worth include forms. Available side, the expanded pervasion of items with computerized engineering prompts new vertical and level organizations between different varieties of organizations consequently progressively dispos ing of customary industry limits. This inevitably brings up the issue for an organization in the matter of who is an accomplice and who is a rival in the organization's field of the business (Jaguar land rover 2012). Increasingly broadened customer total examples of conduct - Consumers probably won't acknowledge institutionalized items, however need items that fulfil the individual necessities. Target assembles along these lines must be downsized by companies so clients will be pulled in by the items advertisement. On the other hand, on account of the expanded worldwide rivalry with a stronger concentrate on cost and not on brand faithfulness, buyers by and large don't compensate organizations for the more individualized items (Jaguar land rover 2012). Jaguars Assets and Resources Jaguars LAND ROVER is UK's biggest premium auto producing business, fabricated around two notable British auto brands: Land Rover, the world's leading maker of premium all-wheel-drive vehicles, and Jaguar, one of the world's chief extravagance sports cantina and sports auto marques. Most of the vehicles are built and planned in Britain keeping in mind they have aspiring arrangements for worldwide development, the focal point of the business stays in UK. The company has put billions of pounds in the condition of-the-craftsmanship generation, innovative work offices. Actually, Jaguar is the greatest UK speculator in RD in the assembling area and is in the worldwide main 100 for Rd use. This speculation, along with the progressing backing of the neighbourhood groups and support help the youngsters look for employments in car designing (Export 2010). A few year ago Jaguar sold around 425,000 vehicles of Land Rover in more than 170 nations - up around 19% from the past year. This has made Land Rover one of the biggest exporters by quality in UK, with around 80% of the vehicles produced in UK being sold abroad. The operations of Land Rover in UK occur at five locations, with three vehicle assembling plan. Two in Solihull and West Midlands at Castle Bromwich, one close Liverpool in Halewood - and other two propelled outline and building focuses at Whitley and Gaydon in Midlands. It is from these five locales that Jaguar Land Rover right now delivers the scope of vehicles that offer in excess of 170 nations (Export 2010). The organization is significantly growing its UK offices with another 500m Engine Manufacturing Centre close Wolverhampton, while expansive scale worldwide development and venture will see the development of further assembling plants in Brazil and China by 2015 and beyond. Jaguar Land Rover is additionally routinely putting resources into its current UK offices. The company proceeded with an extension tour for locales that has brought about a significant increment in jobs in late years. The organization's overall workforce is normal to grow by practically 11% amid the fiscal year 2013-14 to around 29,000 people (Land rover 2009). The HR vision and method is painstakingly composed to support long haul business objectives. As the company's safety Commitment expresses: 'our most prominent resource is our kin, nothing is more critical than the well-being'. Strong establishments have been laid for the society focused on development, collaboration and quality. Jaguar's Land Rover is resolved to equivalent opportunities, inclusion and advancing assorted qualities, with zero resistance of any type of segregation. Enhancing the sex equalization is a need at Jaguar land Rover, which offers an advancement program for ladies and works the decently respected Engineering network for Women, now in its twelft h year, and the women in innovation Sponsorship Scheme for female undergraduates intrigued by building professions (Defra 2011). The organization was honoured the 'Two Ticks' image in distinguishment of its activities to utilize, keep and create the capacities of handicapped staff. Differing qualities Councils compass the association, bringing arrangement to life, and best practice is perceived at the yearly Diversity + Inclusion Awards occasion, now enters its eighth year. Segmentation of cars of the company The car segments can be divided into A, B, C and D segment: Small Cars in segment A Lower Mid sized cars in segment B Upper midsized cars in Segment C Premium luxury cars in segment D Sports Utility Vehicles in segment E Multipurpose vehicles in segment F Upper D portion is the extravagance auto section and the prize scope of these autos will be over 25 lakhs. Jaguar Land Rover goes under the upper D segment. Purchasers enjoying towards these autos are a result of its execution, torque, beautiful, energetic and status (IBM 2010). A percentage of the purchasers are interested about the nation of starting point of the brand. Most extravagance autos hold their marquees as a flagship. To upgrade the brand's energy, most extravagance auto marquees have extended their image upward into another portion. Case in point Land Rover has extended into a section called upper games utility vehicle. Most present holders of extravagance autos have a tendency to have acquired an auto formerly; the client has possibly created a disposition towards it. Here a demeanour turns into an assessing judgment (desire or not longing) based on earlier or present experience, for example, past fulfillment from dealers or items and administrations (after deals and w arranty), driving knowledge and socio-economic status of clients (Capegemini 2004). The extravagance autos need to be a piece of its manager's life. It needs to give its holder the 'practicability' both in useful and perceptual purpose of view. That is the reason BMW and Mercedes-Benz have dominated the extravagance advertises all inclusive. Everything is made to encourage the clients furthermore highlight the holder's feeling of glory and status wherever it voyages. The incessant utilization of the autos will stimulate the impression of an extravagance life the managers pick up from their ownership (Capegemini 2004). Conclusion Jaguar has totally outperformed in the car industry in the previous five years. It has expanded well and improved its market share. The SWOT analysis shows that that the company has great ability to produce good quality automobiles at best prices. This can be attributed to the innovative practices being followed in the company. The policies of the company and quality standards being followed in the company have helped them in revolutionizing the automobile industry. The distinctive competency of Jaguar lies in its production system that has a lean manufacturing concept. Today the worldwide automobile demand seems to be tied to vehicle prices, product innovation and fuel prices. When it comes to product innovation and fuel efficiency the consumers always prefer cars that produce good mileage and provide comfort. Development of export markets has helped Jaguar in negating any kind of downturn in the domestic markets. They have a motivated workforce and good industrial relations that re duces any chance of industrial disputes. They have a god research and development team that focuses on functionality, environmental compatibility and safety of the cars. Having a good research and development team helps the company in having a strong leadership for almost all its product segments. They have a good outlook towards the global automobile market and this helps in gaining a double digit growth. There is intense competition from various car brands around the world and to meet the growing demands at cost effective prices Jaguar has taken effective steps to consolidate the market. Recommendations Jaguar should continue with the concentrated efforts to strengthen the management team and raise the corporate value of the company. Improving the cost structure and promoting the business proves to be effective when it comes to the development of the management team. By enhancing the business in established markets and reducing the fixed costs Jaguar can expect to have a streamlined structure. In the past Jaguar has been successful in expanding well in the emerging markets and it should continue with its efforts to enter markets with a lot of potential and consumer demands. Introducing new products to consumers that are fuel efficient will help the company in increasing its consumer base. Today with the increase in fuel prices around the world and increase in demand for innovative features in the cars the company needs to focus on including improved technology in its cost effective cars. In the Asian region the company should consider Chinese and Indian markets as they have huge amo unt of potential for luxury cars. They should focus on setting up facilities in different regions as it will help them in having cheaper delivery channels and cut down on the middle management. The engineers would be having more authority and it will be easier for the company to answer to the consumer needs. Today huge amount of consumers are focusing on buying environmentally friendly cars that utilize energy saving technologies. The research and development team of the company should focus on developing energy saving techniques without compromising on the quality of the car. Enhancing diversity of the workforce and increasing the power in the workplace would help them develop a consolidated management team on a global scale. Overall the company has been doing well globally and they should continue with their expansion plans to increase their market share around the world. References Jaguar 2012, Jaguar, accessed on 14th January 2015. Kpmg 2013, Global automotive retail market, accessed on 14th January 2015. Unescap 2007, Changing features of Automobile industry in Asia, accessed on 14th January 2015. Export 2010, Market analysis report, accessed on 14th January 2015. IBM 2010, Automotive 2002, accessed on 14th January 2015. Capegemini 2004, The changing dynamics of global hi-tech industry, accessed on 14th January 2015. Defra 2011, Abandoned vehicles, accessed on 14th January 2015. Senate 2012, Ford motor company, accessed on 14th January 2015. Jaguar land rover 2012, Jaguar land rover, accessed on 14th January 2015. Land rover 2009, Jaguar Land rover sustainability report, accessed on 14th January 2015.
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