Thursday, November 28, 2019
The Graphic Novels: Maus, Persepolis, Fun Home, and Barefoot Gen Essay The super-genre of what collectively can be called Ã¢â¬ËcomicsÃ¢â¬â¢ represents a cultural phenomenon which has exploded in the last fifty-plus years onto the public scene. Evolving from newspaper strip comics to superhero stories in paperback periodicals, the world of comics spread further and further into public appeal. With the publication of Art SpiegelmanÃ¢â¬â¢s Maus, however, comics opened the door onto a world of possibilities. After Maus received high acclaim, despite its academic taboo as a medium, many more historical-commentary graphic novels found their way into the public eye: Marjane SatrapiÃ¢â¬â¢s Persepolis, Alison BechdelÃ¢â¬â¢s Fun Home, Keiji NakazawaÃ¢â¬â¢s Barefoot Gen, and a legion of others. Taken together, this new sub-genre of the super-genre provides a personal glimpse into many historically tragic, enlightening, or revolutionary events. We will write a custom essay on The Graphic Novels: Maus, Persepolis, Fun Home, and Barefoot Gen specifically for you for only $16.38 $13.9/page Order now These historic-autobiographic stories can effectively introduce people, whether students in a classroom or a curious independent reader searching for truth, to history, because of the format, the popularity of the historical events they encircle, the relatable personal perspective, and the groundbreaking, attention-amassing approval they enjoy. While graphic novels such as Maus, Persepolis, Fun Home, and Barefoot Gen may differ greatly in content, the format of conveying a story of novel-length complexity through sequential art consolidates all these titles into one sub-genre. These graphic novels would effectively represent history in a classroom setting (besides a personal, individual enjoyment) due to the changed demographic of students in high schools and colleges in the United States (if not throughout the world). With the advent of the Internet and the popularity of the television and video. .tting within significant historical periods, and relatable, personal point of view, historic-autobiographic novels effectively represent historical events. The next step toward gaining academic respect requires proving their efficacy to scholars both of history and of literature. Once these works secure an educational following similar to the public fanbase, perhaps history classes and interdisciplinary venues may begin incorporating the graphic novel into their reading lists. Until then, the usefulness of Maus or Barefoot Gen as commentaries on World War II, Fun Home on homosexuality and the Sexual Revolution, and Persepolis on the Iranian revolution must be enjoyed purely from an individual standpoint. Works Cited Your Right-Brained Visual Learner. Time 4 Learning. Time 4 Learning, Web. 6 Oct 2009. .
Sunday, November 24, 2019
Key 8. Australian Financial Review, May 26, 1998 Tuesday, Supplement; Pg.44, 908 words, Focus Moves From Debt To Corporate Governance, Ian Crofts And Stephen Cheesewright,* Ian Crofts Is The Technical Manager of The Australian Society of Corporate Treasurers. stephen cheesewright is an executive consultant at advisory risk management services, anz investment bank.... In that time the role of the treasury professional has significantly evolved. ...... traditional roles of a treasury function are now demanding ..., Traditionally the treasury professional's management focus has been ...... many banking, deal execution, accounts payable and accounts receivable functions, hence treasury functions are easier to manage. ...... not been the sole drivers. Treasury professionals have become more ...... test anecdotal evidence of the treasury professional's move towards the strategic and away from the transactional, the Australian Society of Corporate Treasurers, in conjunction with the advisory a nd ...... management services unit of ANZ Investment Bank, is surveying the contemporary treasury function.Outsourcing-offshoring-resizedThe objectives of the survey are:* To ...... thought leadership on treasury issues.* To provide a reference on modern treasury practice.* To establish profession ...... maintain and analyse core treasury information from a historical ...... raise the profile of finance and treasury professionals in the market ...... ASCT.The 1998 Corporate Treasury Survey will differ from ...... handbook. The panel includes treasurers, bankers, academics, journalists and ...... by the questionnaire includes:* Treasury staffing: what factors have contributed or ...... contribute to re-sizing of the treasury unit? Suggested drivers of ...... cycle or maturity phase.* Treasurer profile: what do treasurers believe are their most important sources of inspiration? What was the treasurer's immediate past position? What is the ...... adding to shareholder value, are treasu ry professionals happy with their performance ...
Thursday, November 21, 2019
Fianl report - Essay Example His deep insight into the need for electrical products for the people of his era motivated him to set up business for his electrical products. By 1876, Edison remained busy in the research activities of electrical products and established a laboratory for it. This laboratory was founded in New Jersey, USA. In order to make the world realize the importance of his products, he formed a business company named as Edison General Electric Company. Under this name, he united all his inventions and started marketing them. During the same period, a competitor organization named as Thomson Houston Company emerged. With the passage of time, both the competitors realized that it is almost impossible to survive as competitors because the products from both companies were increasingly becoming supplementary for each other. After successful negotiations, they merged together and one organization emerged who was named as General Electric Company. GE has vast product line and it is interesting to mention here that many of these products were part of the business even when the business started. It is regarded as an achievement of Thomas Edison that his inventions were present in many fields related to medical health care, transportation, consumer electronics, industrial equipments and power transmission etc. GE has established its GE brands with its rich product line and all the sub organizations are headed by dedicated CEO and Chairman. GE is a successful name when viewed from the perspective of business owners, customers and employees alike. Customers prefer buying GE products because of their guaranteed performance and reliability. The customerÃ¢â¬â¢s loyalty paves the way for profitability of GE and pays favorable returns against the investment of owners. GE is ranked among the top employers of the choice which attracts high talent at high compensation rate. The secret of GEÃ¢â¬â¢s success is its strategic management techniques.
Wednesday, November 20, 2019
Joe Salatino - Research Paper Example Every organizationÃ¢â¬â¢s behavior is impacted by the customerÃ¢â¬â¢s perception. Perception refers to how an individual comprehends the world they live in and what is comprised in that environment. Personal perception is the kind that is pertinent to a salesperson when they approach a customer. The attribution theory proposes approaches to create vindications to assess people because people have different reactions in situations. JoeÃ¢â¬â¢s salespeople have to understand this theory so as to know, when approach an individual, if the cause of their behavior is internal or external. Internal behaviors are the ones that the individual can control while external behaviors are beyond a personÃ¢â¬â¢s capability to control. People have perceptions whose source can be positive or negative past experiences. A salesperson has to be patient and avoid making fast judgment and conclusions about a perspective customer. This will be denying the customers a fair chance in their decision mak ing. There are various ways that people form perceptions. The examples are the halo effect, stereotyping, the contrast effect and selective perception. Selective perception is when a trait or characteristic makes a product or situation stand out. The halo effect happens when conclusions are based on one characteristic. The contrast effect is based on past experiences. In order to acquire a customer, the salesperson has to identify potential customers. Telemarketing has been mentioned as a method of identifying the customers. Establishing a solid rapport is crucial for the salesperson for it helps them to know the needs and requirements of the prospect and know if the products offerings can match with these needs. It also helps know if there are other unmet needs and can therefore, be a source of information on possible changes or innovations to be made by the organization. JoeÃ¢â¬â¢s employees have seemingly done a superb job in maintaining customers. The challenge remains in unde rstanding how they form perceptions and attributions. A successful sales representative is an excellent listener to a prospect and gets to listen to their feelings and opinions on the products being offered. Customer perception is undoubtedly mandatory in customer retention. How customers form a perception on the business, will be determined about their past experiences. How the products they used turned out to be, how they were treated previously by the salespeople, the services and prices of the organization. To understand how they form their perception, it is essential to hear out their voice regarding the business. This can be done by conducting interviews, administering questionnaires and carrying out surveys to find out what they think about the company. In understanding how they form perceptions, the employees will be able to build relationships and trust effectively with customers. Joe Salatino as the president of the company has the responsibility of directing his employees so that they can work towards achieving the overall objectives of the firm. By the employees understanding how people make perceptions and attributions, they are able to know how people create a sense of the immediate world they live. Understanding them will help in providing products and services exactly how they want it, and these will guarantee profits which is one of the companyÃ¢â¬â¢s most fundamental goals. By doing these, they are enabled to attain cognitive
Monday, November 18, 2019
The Case of Coca Cola Gaining a Stake in Innocent Drinks - Assignment Example The management body of Innocent however confided that in terms of consumer responsibility they would remain the same in terms of generating natural and healthy products to the consumers while rendering valuable information as to the contents on the product packages and also working in terms of rendering charitable funds. They further mentioned that gaining of funds through the selling of a certain portion of the companyÃ¢â¬â¢s stake would contribute in enhancing the potential of the concern to fulfill responsibilities related to the consumers and the society in general (Sweney, 2009). Evaluation of the Selling Activity of InnocentÃ¢â¬â¢s Stake to Coca Cola The evaluation of the impact of the corporate sell out of InnocentÃ¢â¬â¢s Stake to Coca Cola on InnocentÃ¢â¬â¢s own image can be made based along certain views and ideologies related to marketing and consumer philosophy. Firstly it needs to be understood that the current age of consumption does not only relate to customer s atisfaction at the subsistence level. Rather it tends to stream out from the level of subsistence to the level of maximization of consumer benefits and other parameters related to leisure, comfort and luxury. This era of change in consumerÃ¢â¬â¢s demand patterns has greatly emerged owing to the abundance of resources not only relate to the physical and economic level but where such resources relate to the sociological and cultural triggers that in turn is governing the changes in consumption ideologies. This era of abundance in terms of psychological, sociological and physical resources has also led the consumers to gain a breakthrough from the traditional notions where a move to gain luxurious and comfortable products was taken on an erroneous note. Changes in the economic and societal lifestyle of the consumers act as potential triggers in making them gain interest in new product categories that would help them gain new taste and rise along their social status (Lazer, 1969, p.8) . The case of selling of InnocentÃ¢â¬â¢s Stake to Coca Cola relating to the above discussion holds a positive outlook for it would assist Innocent in enhancing its brand and product portfolio. Enhancement of the product portfolio of the juice and smoothie manufacturer would in turn assist the company in penetrating a larger consumer base in the existing markets. Further in addition to gaining funds the above decision of Innocent would largely contribute in its market development activities in foreign markets relating to European regions. Consumers of Innocent through the above change would also gain the chance of earning a taste of other beverages from under the same brand umbrella. The management body of Innocent in the light of selling of a certain portion of the companyÃ¢â¬â¢s stake to Coca Cola also worked largely in the dimension of public relation activities to help in enhancing and sustaining a positive relationship base with the consumer sphere. Richard Reed, Co-Founder of Innocent through public relation activities tended to reassure the consumers that in spite of the sell-off of the companyÃ¢â¬â¢s stake every other thing related to product attributes, packaging and
Friday, November 15, 2019
Classification of the human senses Abstract All known human senses are of extreme importance and relevance during employee selection. In this paper, a brief depiction of each sense is presented; the importance, relevance and influence of the sense of sight and hearing in employee recruitment is addressed, specifically in correlation to the screening of cabin crew for a major international airline. Introduction A wide body aircraft flies across the large projector screen followed by images of well known landscapes, happy passengers and smiling crew members. The music is soft but with a contagious upbeat. The room is bright with chairs neatly arranged in auditorium format, ready to receive the entering candidates. Excitement, anticipation and expectation fill the air. Greeting them, two recruiters in their business attire and attitude have already started their task: a recruitment day in about to begin. Everyone, throughout the course of their professional lives, has experienced some type of employee screening or recruitment process. Being an informal one-on-one interview or a highly complex assessment centre; in todays marketplace, selection of candidates and competition for the best positions are everyday occurrences. All of our everyday tasks, from the simplest to the most technically demanding requires using our senses; and translating, analysing the information to attain the desired results. The interpretation of our senses is a detrimental component of our perception (Gerow, 1994). Making sense of the senses Since Aristotles De Anima and his attempted definition of the five senses (sight, hearing, touch, smell and taste) great developments in research have shed needed light in the functionality and interrelation of our senses (Boernstein, 1955; Gerow, 1997; Orlady Orlady, 1999). Currently, some authors consider the existence of other senses such as kinaesthetic, acceleration, pain and balance within the five senses mentioned above (Gerow, 1997; Orlady Orlady, 1999). In brief words, our senses are: Sight Light rays enter the cornea making its way into the retina where conversion of physical energy into neural impulses occurs. These impulses are then sent to the brain for decoding and analysis. The perception of colour, brightness, form and depth is done by specialized cells (Gerow, 1997). Hearing Vibration creates waves and those waves travel into the ear where they set the tympanic membrane in motion, passing through various inner areas until reaching tiny hair cells where hearing takes place (Gerow, 1997, p.91). Our sense of balance is directly related to our inner ears (Orlady Orlady, 1999). Touch Identifiable as anything that triggers sensation on the skin, mucosa or tongue. One can categorize different sensations such as tingles, tickles, itches as well as differences in pressure, temperature, and the sensation of pain (Gerow, 1997). Smell It is a chemical sense. The odours molecules when in contact with the tiny hairs in our noses cause them to send impulses to our brain that interprets smells. Some studies suggest it to be the closest linked to memory (White Treisman, 1997). Taste A chemical sense that uses a combination of taste receptors capable of identifying four different states: sweet, sour, salt and bitter (Gerow, 1997). Although all senses are somewhat implicated in employee recruitment, perhaps the most intensely involved ones are sight and hearing. Sight and screening When you meet a candidate, sight is the first sense involved, followed by hearing, touch (shaking hands), and even smell (noticeable body odour). In cabin crew recruitment the first analyses done by the recruiters is a visual one. The recruiters visually analyse the candidates suitability according to the pre-established requirements and criterion: candidates are expected to be physically fit to best perform on board of an airliner; candidates must have a certain arm reach, which translates into a minimum height; and why not to mention that their overall displayed behaviour must entail a strong team work capability. In other words, the way that a candidate walks, talks, relates to others, his/her facial expressions and body language (non-verbal communication) are all taken into consideration. During this first visual analysis of the candidates suitability, recruiters must quickly forecast his/her adjustability to the job per say. The cabin crew job requires a combination of physical and mental tasks to be accomplished daily. Physical tasks are directly related to in-flight service and overall wellbeing of passengers and other crew members, in addition to performing optimally should an emergency occur. Cabin crews mental tasks are directly related to their capability of learning across several areas. From service delivery to (most importantly) safety and the use of safety equipment if needed. It is required of them to visually check emergency equipments in the assigned station, and these checks include continuous use of the human senses such as sight, hearing, touch and even smell. In addition, cabin crew must maintain alertness and situational awareness during the entire flight to ensure safety compliance (Helmreich Merritt, 1998). From the candidates perspective, sight is also the first sense used as they come into the venue, meet the recruiters and gather information about the company by printed material and/or video presentation. Their first impressions of the corporate image are created at this moment arousing or diminishing the interest for the position offered. Sound and screening Hearing follows the visual contact. Through hearing is when another crucial part of the recruitment process takes place: the evaluation of the candidates potential in verbal communication, and the interaction with his/her peers during all the presented group or individual exercises and personal interview. The candidates ability to understand speech and coordinate it with proper physical response and verbal communication are imperative for his/her continuance in the recruitment process. Since communication is a key element of aviation safety (Kanki Palmer, 1993), the candidates ability to properly communicate even at this early stage is essential. The evaluation (visual and verbal) of group interaction and aspects of decision making are another decisive aspect to look into during employee selection. In aviation, being in the cockpit or in the passenger cabin, positive group interaction that facilitates the assessment of a given situation followed by proper decision is essential to ensure safety is achieved (Oranasu, 1993). Others senses and screening Present at a much smaller scale are the senses of smell and touch. Physical touch during screening is limited to handshakes. In such brief contact however, recruiters can only guess how affected by the process a candidate is. If candidates display sweaty or trembling hands, it might signal them as nervous and tense (rather normal under the circumstances). The sense of smell is an interesting one; it ranges from identifying the presence or not of a pleasant or unpleasant odour to interpreting and reacting to it. In employee selection, only cases of offensive body odour are of concern as it has been widely suggested that odour can affect performance in the workplace (Kroemer Kroemer, 2001). Perception and screening Perception is broadly defined as the interpretation of the several stimuli that we are exposed by at any given time. Perception in itself is selective and directly linked to the intensity of a given stimuli, and its importance to the receiver of these stimuli (Gerow, 1994). Every recruitment campaign is unique and so must be the perceptive approach of the recruiters to avoid biased decisions. Purkiss, Perrewee, Gillespie, Mayes and Gerrald (2003) suggest that the evaluation of candidates performance as being related to positive or negative stereotyping, cultural misunderstanding or even inadequate application of recruitment techniques. All of these elements are primarily understood and processed as part of ones perception. Further discussing bias in recruitment and its implications is far beyond the scope of this paper. Playing an important role in the recruitment process is the venue in which it occurs. Our senses are stimulated and influenced by the surroundings, and so is our perception or understanding of the messages that our senses send to us (Gerow, 1994). External factors such as noise, temperature, lighting, smell among others; and, internal factors such as fatigue, stress, culture, and mental state (of candidate and recruiters) should be factored in for optimal performance (Orlady Orlady, 1999). Conclusion Although all senses are involved in everyday activities, when it comes to employee recruitment and selection process of any company, mostly sight and hearing are engaged. Sight is the first sense to be used followed closely by hearing. Perception and understanding of all received information during the recruitment process is greatly influenced by internal and external factors such as cultural traits; physical and mental state of the recruiters (stress, fatigue); and personal (or bias) understanding of the given criterion. In addition, perception from the candidates point of view also affects the outcome of any screening. Lastly, recruitment officers do not only rely in their senses or their perception to form a final decision on a candidates application. There are written tests; psychometric and aptitude tests; and even medical tests performed that help create a more accurate picture of every applicant before a final decision is reached. Further investigations into the interplay of senses within human resources, specifically its influence during employee selection are needed to enhance understanding on both sides. References Boernstein, W. (1955). Classification of the human senses. Yale Journal of Biology and Medicine 28, pp 208-215. Kanki, B.G. Palmer, M.T. (1993). Communication and crew resource management. In E.L. Wiener, B.G. Kanki, R.L. Helmreich (Eds.), Cockpit Resource Management. San Diego, CA: Academic Press. Helmreich, R, L. Merritt, A. C. (1998). Culture at work in aviation and medicine: National, organisational and professional influences. Aldershot, UK: Ashgate. Kroemer, K.H.E. Kroemer,D . (2001). Office ergonomics. New York, NY: Taylor Francis Inc. Orasanu, J.M. (1993). Decision making in the cockpit. In E.L. Wiener, B.G. Kanki, and R.L. Helmreich (Eds.), Cockpit Resource Management. San Diego, CA: Academic Press. Purkiss, S.L.S., Perrewee, P.L., Gillespie, T.L., Mayes, B.L., Gerrald, R.F. (2003). Implicit sources of bias in employment interview judgments and decisions. Organizational Behavior and Human Decision Processes 101 (2006) 152-167. Retrieved on 3rd July 2009, from doi:10.1016/j.obhdp.2006.06.005 White, T. Treisman, M. (1997). A comparison of the encoding of content and order in olfactory memory and in memory for visually presented verbal materials. British Journal of Psychology 88, n3 459-469.
Wednesday, November 13, 2019
The family vacation is an American tradition. Thinking and planning for this adventure captures the imaginations of thousands of families each year. While parents and children may disagree over what constitutes the ideal vacation, there is no question about there being a family vacation. Savvy entrepreneurs are aware of this fact and spend millions of dollars in advertisements to capitalize on the money families spend for family vacations. Most advertisers craftily market to children, believing that children, through coercion (whining), can get their parents to buy what they want (see advertised on television). The Walt Disney World advertisement, however, takes a different approach by marketing to the entire family. The Disney advertisement is extremely effective, appealing to both the parentsÃ¢â¬â¢ and childrenÃ¢â¬â¢s sense of wonder and excitement, while also making an emotional appeal to the parentsÃ¢â¬â¢ sense of value. The caption of the Walt Disney World advertisement in Family Circle magazine reads: Ã¢â¬Å"Pretend your family is on the most magical vacation ever.Ã¢â¬ The first picture in the advertisement shows a larger- than-life Mickey Mouse happily greeting a young girl with pig tails in her hair. The girlÃ¢â¬â¢s eyes are wide with excitement and disbelief. The imagery in this picture brings on wonder and fantasy: the background is softly blurred with splashes of bright colors and light. In fact, there seems to be a rim of bright sunshine just above the girlÃ¢â¬â¢s head. The next picture shows a girl and boy enjoying one of the many rides at Walt Disney World. The feeling that both pictures convey is summarized in the words of the advertisement: Ã¢â¬Å"Indeed they had to pinch themselves to make sure it wasnÃ¢â¬â¢t a dream.Ã¢â¬ The next picture shows a mother being pampered by her husband in a make believe Hollywood scene. This is very effective advertisement because the mother who usually does the pampering and caring is instead being pampered and adored by her family. The caption above this scene reads Ã¢â¬Å"Mama got Ã¢â¬ËdiscoveredÃ¢â¬â¢ in Hollywood, the way she always imagined it would happen. This advertisement appeals to the parents who are swelled with pride to be able to fulfill their childrenÃ¢â¬â¢s dreams. One caption reads Ã¢â¬Å"They dreamt of fairytale characters that came to life and embraced with a hugÃ¢â¬ . This shows parents that Disney wants to do the same as the parents, when it comes to their children.
Sunday, November 10, 2019
Running Header: CASE STUDY 1 The McGee Cake Company: A Case Study Submitter Instructor BUS Course 2012 CASE STUDY 2 Introduction The McGee Cake Company, owned by Doc and Lyn McGee, has been a sole proprietorship company since its inception in 2005 (Ross, Westerfield & Jordan, 2013, p. 18).A sole proprietorship Ã¢â¬Å"is the least regulated form of organizationÃ¢â¬ and has allowed the McGee's to run their company largely as they see fit and to reap all the financial profits. However, the company's recent growth has added additional financial burdens which have caused the McGee's to revisit the company's current form of organization (Ross, Westerfield, & Jordan, 2013, p. 5). To that end, the owners have approached me Ã¢â¬Å"to help manage and direct the [company since its fast growth has] led to cash flow and capacity problemsÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. 8). What follows is information on Ã¢â¬Å"the advantages and disadvantages of changing the company's organizati on from a sole proprietorship to an [limited liability company] as well as Ã¢â¬Å"the advantages and disadvantages of changing the [company's current form of business organization] to a corporationÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. 18). In addition, the McGee's have asked me for my recommendation as to which form of business organization I believe the company should undertake and the reasons/rationale behind my recommendation.CASE STUDY 3 Key Issue The one key issue that has led the McGee's to consider moving the company from a sole proprietorship to a limited liability company or that of a corporation is the company's recent rapid growth. This growth has presented both opportunities and challenges for the company as a whole.Specifically, Ã¢â¬Å"sales have explodedÃ¢â¬ since The McGee Cake Company was recently featured in Ã¢â¬Å"a leading specialty food magazineÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. 18). While this growth has allowed the McGee's to use the comp any's revenues as their sole source of income, it has increased their need for capital as they have had to hire Ã¢â¬Å"additional workers to meet the demandÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. 18). Also, additional capital will be needed to purchase more assets in an effort to keep up with the company's continuing growth (Ross, Westerfield & Jordan, 2013, p. 8). Under the current business form these two increased expendituresÃ¢â¬âpayroll and assetsÃ¢â¬âare the sole financial responsibility of the McGee's which may cause some financial stress since their available Ã¢â¬Å"equityÃ¢â¬ ¦ is limited to the amount of [their] personal wealthÃ¢â¬ (Ross, Westerfield, & Jordan, 2013, p. 5). This growth has also presented the McGee's with the opportunity to enter into business with Ã¢â¬Å"a national supermarket chain [that has proposed] to put four of [the McGee's] cakes in all of the chain's storesÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. 18).In addition, the McGee's hav e been approached by Ã¢â¬Å"a national restaurant chain [in regards to] selling McGee cakes in its restaurantsÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. 18). Again, under sole proprietorship the company may miss out on these opportunities Ã¢â¬Å"because of insufficient capitalÃ¢â¬ to expand the business assets (Ross, Westerfield & Jordan, 2013, p. 5). For example, if the McGee's do not have the capital to purchase more ovens they may not be able to keep up with the increased demand from the supermarket/restaurant chains, potentially causing both business ventures to fail.In order for the company to capitalize on its current growth the McGee's need to be informed of the advantages and disadvantages of other forms of business organizations to determine which will best suit their needs for both the short- and long-term. CASE STUDY 4 Advantages and Disadvantages of Changing from a Sole Proprietorship to a Limited Liability Company Ã¢â¬Å"The goal of [a limited liability company] i s to operate and be taxed like a partnership but retain limited liability for ownersÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. ). Thus Ã¢â¬Å"[t]he main advantage gained by shifting from a sole proprietorship to a more formal organization [whether it be a limited liability company or a corporation] is liability protectionÃ¢â¬ (Cromwell, n. d. , n. p. ). Under sole proprietorship the McGee's have Ã¢â¬Å"unlimited liability for [their] business debtsÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. 5). This means that if their business owes creditors and the McGee's are unable to pay with business assets the creditors can demand payment via the McGee's personal assets (Ross, Westerfield & Jordan, 2013, p. ). In contrast, under a limited liability company the McGee's personal assets would be protected Ã¢â¬Å"from business liabilityÃ¢â¬ (Cromwell, n. d. , n. p. ). Additionally, the McGee's must rely on their own personal wealth in an effort to raise equity whereas a limited liabili ty company affords the business Ã¢â¬Å"to bring a number of investors and partnersÃ¢â¬ on board in an effort to raise capital (Ross, Westerfield & Jordan, 2013, p. 5; Cromwell, n. d. , n. p. ).Hence, the limited liability company will provide them with the capital they require to increase their business assets in order to keep up with the high demand for their products. In terms of taxes the McGee's currently report their personal and business taxes as one. Under a limited liability company they will no longer be able to claim their business income on their personal filings; separate tax returns would have to be filed for both their personal income and their business income (Cromwell, n. d. , n. p. ).Moreover, the McGee's would have to file documentation with the state prior to their company being able to claim limited liability status. The taxes and state filing issues, in my professional opinion, should not be viewed as detractors. The benefits the company will reap (e. g. , ab ility to raise capital) certainly outweigh the annual taxation preparation and filing with the state to Ã¢â¬Ëestablish' the limited liability company. CASE STUDY 5 Advantages and Disadvantages of Changing from a Sole Proprietorship to a CorporationSome of the advantages of forming a corporation are, in contrast to sole proprietorship, Ã¢â¬Å"owner-ship [of a corporation] can be readily transferredÃ¢â¬ (Ross, Westerfield & Jordan, 2013, pp. 5-6). Also, like a limited liability company, a corporation has Ã¢â¬Å"limited liability for the company's debts and [stockholders] can only lose what they have investedÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. 6). In addition, unlike sole proprietorship, a corporation an unlimited [business] lifeÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. ). For these reasons, a corporation is a superior form of business organization for raising capital (Ross, Westerfield & Jordan, 2013, p. 6). Along with the advantages of forming a corporation comes t he main disadvantage: taxation. Corporations must deal with double taxation Ã¢â¬Å"meaning thatÃ¢â¬ ¦ profits are taxed [at both] the corporate level whenÃ¢â¬ ¦ earned and again at the personal level when they are paid outÃ¢â¬ (Ross, Westerfield & Jordan, 2013, p. 6).While a corporation provides many advantages the tax disadvantage that comes with it currently outweighs those advantages. CASE STUDY 6RecommendationWith The McGee Cake Company's rapid growth it is in need of changing its form of business organization. In particular, the McGee's Ã¢â¬Å"need enhanced protection for [their] personal assets from business obligations and liabilities as well as a better vehicle to attract investorsÃ¢â¬ (Cromwell, n. . , n. d. ). Therefore, after carefully weighing the advantages and disadvantages of changing from a sole proprietorship to a limited liability company or that of a corporation my recommendation is for the former. Becoming a limited liability company will benefit them gr eatly since it provides limited liability in that their personal assets will be separate from their business assets, thus protecting their personal assets from creditors seeking payment if such a situation should ever arise.Becoming a limited liability company will also allow the McGee's to raise equity through partners and investors. Since the McGee's are in need of additional capital to purchase new business assets in an effort for them to keep up with the current demand for their products a limited liability company would allow them this advantage. Since this rapid growth may continue the McGee's may want to revisit becoming a corporation. However, my recommendation is for them to take the next logical and less daunting step and become a limited liability company for the reasons stated above.CASE STUDY 7 References Cromwell, J. (n. d. ). Demand Media: The Advantages and Disadvantages of Changing the Company Organization from a Sole Proprietorship. Retrieved from http://smallbusi ness. chron. com/advantages-disadvantages-changing-company-organization-sole-proprietorship-24632. html Ross, S. , Westerfield, R. , & Jordan, B. (2013). Fundamentals of Corporate Finance (10th ed. ). McGraw-Hill/Irwin: New York, NY
Friday, November 8, 2019
Delinquent Law essays The Original law of the Illinois juvenile court defined a delinquent as: a child under the age of sixteen years who has violated any laws of the state, or any city or village ordinance. Under the common law, children between the ages of 7 and 16 years of could be dealt with as delinquent. Today in 37 states and in the District of Columbia, juvenile courts are initially responsible for all violations committed by youth under the age of 18. In ten states the age limit is 17 and in three states the jurisdictional age is 16, which means that anyone at these ages or above will face criminal prosecution. Dependency, neglect, and violation of educational laws have been included in most jurisdictions of the juvenile courts. Juvenile delinquency from a legal state combines the characteristics of social protection and restriction. Juvenile delinquency may be a reflection of ethical defects in the families pattern of living. The parent themselves may be contributing to the delinquency of their offsprings by the example of their own social misconduct. The broken home defined as one in which one or both parents are absent because of death, desertion, separation, divorce, or a commitment to an institution, have contributed to juvenile delinquency. Other factors that may contribute to the high rate of juvenile delinquency is excessive poverty, dependency, overcrowding and other poor home conditions, and the lack of parental control or attention. Why do youths join gangs? This Question has many answers, and it all depends upon many factors that are Affecting the youths life. For some youths there isnt a choice, they are born into the activities of gangs because of their parents. Others that dont have a choice are the ones who are forced in or recruited very strongly. Younger kids about the age of 10 or 11 are chased down by older, bigger and tougher gang members and beat up. They are made to keep a watch out for the police at a parti...
Wednesday, November 6, 2019
Fee-Based Higher Education Essay Fee-Based Higher Education Essay Education plays a significant role in human life. People spend about 12 years at schools, and about 4-6 years in colleges. Almost everyone, sooner or later, confronts the issue of continuing his education. Some people go to a college just in order to get a formal document Ã¢â¬â a bachelor diploma. Others relate to future profession as a matter of the whole life, connecting their future with education. The development of human capital is the basis of the modern industry of higher education. If education is the most valuable wealth, then, what is the level of its availability? Does one have to pay for his education, or is it the duty of the state? I consider that higher education has to be fee-paid because in this case it would increase the authority of higher education and its quality. In the recent time, education in colleges, as private, as state ones, becomes more and more expensive. In the USA, tuition fee varies from five to forty thousand dollars per year. Although, poor students are given generous scholarships, they are often not enough for the students of the middle classes, whose family lose most of their income. However, I consider that higher education has to be fee-based on several main reasons. The obvious argument and example of this fact is the comparison of secondary and higher education in the USA. Secondary education, which is free of fee and general, does not get even an average level. Meanwhile, the higher education, which is fee-paid and expensive, is one of the best in the world. Thus, it is impossible to provide a high-qualified free education in the country of such size. In some European countries, where education is free, the level of taxes is very high. It leads to the conclusion that education is good in the countries where the taxes are very high, or where education is fee-paid. Such American universities as Harvard University (Cambridge, Massachusetts), Yale University (New Haven, Connecticut), Stanford University (Stanford, California), Princeton University (Princeton, New Jersey), are among the best universities over the world. These educational establishments have been recognized as ones of the best over the globe. Meanwhile, education is very expensive there. For example, the fee for education can get about forty thousand dollars per year and more in Harvard University. This fact proves that the most high-qualified education is fee-paid. Such education is valuable and respected in every place. The fee-paid education significantly reduces the availability of higher education. When a person pays serious money for something, then he would take it much more responsible. The opponents of fee-paid higher education state that if higher education is fee-paid, then, it would not be available to everyone. It means that people from poor or middle-class families will not have a possibility to get a higher education. I consider that quality of education will be better, than general education, which is presupposed for everybody. First of all, higher education is not necessary for everyone. People, who want to get a job, are used to go to the colleges. Meanwhile, the employers usually demand higher education, not because it is really necessary for them, but because it has become common. The vast majority of people do not use higher mathematics in the work. They even very rarely use the high school level math. How many times have you applied mathematical integral in the work? Of course, if you are not an engineer or a scientist. Nowadays, higher education is the usual formality. But its not explained that education is bad, and that only a small percentage of people working in the certain areas, really need it. Many vacancies demand only the fact of the presence of higher education. Very often they do not even specify the area, in which it was obtained or success in the study. In many new areas, employers do not even need the higher education, and they are not interested in the formal education. For example, in the field of the informational technologies, the specialists only can show their professional knowledge and abilities to get the job. So, there are two main points, which prove that higher education has to be fee-paid. The first point is that higher education is not necessary for everyone. Most of the people use it only as formality, which devalues Ã¢â¬â¹Ã¢â¬â¹the education system as a whole, creating a lot of mediocre educational establishments. The second point is that higher education works good when it is fee-paid. It is good for students, which receive a qualified service, and for the instructors, which get good salaries. Payment for higher education automatically creates its elite status. It does not mean its unavailability for everyone, but elitism, which causes a wish to pay for it. Higher education is a service, which can be consumed or not by a human according to the planned way of life. As any other service, which needs to be high quality, it has to be fee-paid. Visit essay writing service to get custom essays on Higher Education topics. Our writers guarantee high quality and plagiarism-free!
Monday, November 4, 2019
Slavery in the American Colonies - Essay Example According to the discussionÃ America since its very beginning practiced cruel racism which does not have any true scientific or biological base. Ethnic segregation and discrimination was very much evident in all areas. This practice started long years back and was followed by people and transferred to the next generations. It later became a political phenomenon. The white majority was found to be proud in their own race (a part of heritage). They were of the belief that they are superior to others in race as well as culture. They tried to put the minorities down in order to strengthen their own group. They developed extreme hatred towards the black minorities and had an overall sense of bigotry. The black minorities were oppressed to the core and were denied all rights. The demands and opinion of the blacks were never considered at all.Ã From this essay it is clear thatÃ Story of the elimination of slavery from the American land is quite long. Slavery is the core reason the nat ion witnessed the disastrous civil war. United States started practicing slavery as early as 1619. Towards the closing of American Revolution, majority of the northern states stopped slavery, while the plantation economy of the South continued practicing it. In the years before the Civil War all the issues were centered on the issue of slavery. This started with the debates made on the three-fifths clause on the Constitutional Convention of 1787.... In the years before the Civil War all the issues were centered on the issue of slavery. This started with the debates made on the three-fifths clause on the Constitutional Convention of 1787. It further proceeded with the Compromise of 1820, the anti-slavery Gag Rule, the Nullification Crisis, and finally the Compromise of 1850. In the first half of the nineteenth century slavery was supported by the Southern politicians. They maintained the control of the federal government. Though they had most of their Presidents hailing from the South, they were very serious about maintaining a balance of power in the Senate. New states joined the Union and several compromises appeared to keep an equal number of free and slave states. In 1820, Missouri joined as a slave state and Maine came as a free state. The balance got disrupted in 1850 as Southerners allowed California to come as a free state in return for laws upholding slavery. The balance was later disturbed with the joining of free Orego n and Minnesota. The increase of the gap between free and slave state illustrates the changes happening in each region. When South, with a slow population growth, adopted an agrarian plantation economy, North adopted industrialization. They had large urban areas, with large infrastructures. They witnessed increased birth rates and a large inflow of European immigrants. The increase in population made South to keep a balance in the government. This lead to the addition of several free states. An anti-slavery president was also appointed. The political issue that ultimately took the nation towards the war was nothing but slavery in the western territories acquired during the Mexican-American War. The same
Friday, November 1, 2019
NY Safe Act Potential Impacts on Juvenile Offenders and Community - Essay Example The Juvenile Justice System (JJS) refers to a group of juvenile courts in any given country. The juvenile court which is also referred to as the offenderÃ¢â¬â¢s courts is mandated with the passing of judgments for any crime which young children commit. Many JJS especially in the New York are meant for the rehabilitation of the young children instead of imprisonment http://open.nysenate.gov/legislation/bill/s2230-2013. Though the JJS provides a place for the juveniles to correct their behaviors, through rehabilitation, the Act has a lot of effects on juvenile offenders, their families, community safety and the mental health practice. One of the impacts of the law or Act on juvenile offenders is that they would get to know their mistakes and thereby correct them. By punishing the young ones, they would be affected mentally, but as per the court stipulations, they should first be given advice as to why they are in court and how their behavior should be corrected (shoemaker 2009). The families of the juveniles would also be affected by the law. One of the effects to the families includes emotional stress, especially to the parents. On the other hand, the families can also appreciate for the corrective behavior that their children would adopt. Though many parents of the juvenile offenders would not appreciate the corrective behavior offered to their children, some would appreciate since their lifetime behavior would also change (Wheeler 1978). On the impact on the community, there would be improvement on the safety of the community at large since even the children form part of the community. There would also be a reduction of the number of crimes and this would also serve as a lesson to the other young children in the community. The passing of laws against the juvenile offenders would also have some effects on the mental health practice in the New York. For one, the mental health practice has