Across the Universe †All you need is love Essay

â€Å"Across the Universe† is a melodic film dependent on 34 organizations by the amazing rock’n’roll group of four †the Beatles. The film is called after a similar name melody of the band, â€Å"Across the Universe†, which was discharged in 1969 and later as one of tracks of a foundation collection â€Å"No One is Going to Change Our World† at the mark â€Å"Apple†. The plot has nothing to do with the Beatles’ individuals life. Anyway the imagined in the film occasions speak to numerous attributes of their time being set in the 60’s and rotate around the tunes which coordinate a ton of extraordinary scenes. Every single fundamental character bear the names got from its unique verses: overshadowed in life Lucy (â€Å"Lucy in the Sky with Diamonds†), driven Jude (â€Å"Hey Jude†), a beginner artist Sadie (â€Å"Sexy Sadie†), a slacker Max (â€Å"Maxwell’s Silver Hammer†), Prudence (â€Å"Dear Prudence†) and so on. The initial 45 minutes is hyper and let us meet the characters. It doesn’t truly depend on plot, as most musicals, it depends more on character improvement. Jude moves to the USA in reason to discover his dad. On appearance he inadvertently meets Max who turns into his companion in a brief timeframe. Together the young men go to New York where they are joined by Max’s sister Lucy (she has recently lost her beau executed on the front line). They rapidly discover that the fantasy about living freely and making the most of their lives as a grown-ups has its own troubles. The subsequent demonstration is unique: Vietnam War, hallucinogenic excursions brought about by taking LSD, free love enhanced with rock’n’roll †that is the very landscape of the sentimental and simultaneously shocking storyline. In the third demonstration we really get the chance to see the characters take care of their issues, it bargains much more with our emotions towards music and war. Over the Universe† is in reality vastly different from most musicals. Where most musicals depend on either euphoria, feeling, or war, it depends on every one of the three. There are a few minutes where you really feel like you need to get up and move. The music here is totally astounding. No truly. It’s stunning. The cast individuals (and read how I state cast individuals and not vocalists) sang these melodies and did such an incredible activity, that on the off chance that I even had a decision, I would really needed to state that a portion of their variants of tunes were superior to the genuine Beatles. Talking about the most grounded minutes I would recognize one ideal case of recounting to a story through the tune that has significant hugeness to me and ridiculously extreme †the scene where Jude paints a tore and nailed to the canvas draining strawberry during â€Å"Strawberry Fields Forever† being sang. The berry as an image of affection, floods of blood as an image of war and passing, blazing appearances of the characters out of sight and paint-made blood everywhere throughout the screen †it’s all in red, the shade of desire and obliteration. While viewing the film I felt various feelings: chuckling, joy, fervor yet in addition misery, dread and outrage. What I’ve got from â€Å"Across the Universe† is in excess of a film, it is an involvement with itself. It could be any sort of experience †a fun and totally different experience, or a profoundly passionate and sexy experience. For me, it was a greater amount of the second. When â€Å"Hey Jude† played close to end of the film I had come up short on tears. It felt like I knew all the characters perpetually however when the two hours and ten minutes were over I was kicking the bucket to see more. I am really anticipating seeing this over and over.

What Are The Concepts Of Sustainability Environmental Sciences Essay Free Essays

Supportability as a build has no all around adequate definition or an unmistakably characterized planetary usual way of doing things to quantify and mensurate its intergenerational augmentations. In spite of going an extremely well known term in cutting edge society, the develop is generally setting and point of view dependant ; as it very well may be taken to expect various things to various individuals, at various minutes in cut ( Kruyt et al. , 2009 ) . We will compose a custom exposition test on What Are The Concepts Of Sustainability Environmental Sciences Essay or then again any comparable point just for you Request Now â€Å" Before now, numerous individuals were non perceptive of what manageability is, and its derivations to person. Indeed, even as its cognizance is expanding, the inherent vagueness of the theme stays an issue of planetary contention † ( Mbasuen, 2009 ) . In malignance of this dubious nature, our limits to innovative and monetary growings, because of human improvement as anticipated in past grant support the central issue on supportability today ( Malthus, 1798 ) , ( Hotelling, 1931 ) and ( Meadows et al. , 1972 ) . â€Å" In an order, to unknot the puzzle of this term, a few definitions and envisioning pictures of maintainability have developed † ( Mbasuen, 2009 ) . Be that as it may, the most famous of these definitions remains the UN definition in Brundtland Report ( Our Common Future, 1987 ) ; which thoughtfully investigates supportability in three measurements to support financial, ecological and cultural maintainability ; ( Triple Bottom Line ) assault ( Elkington, 2004 ) . Notwithstanding, standard manageability minds â€Å" accept that the definition is dark and did non support a specifics inside the horde of issues worried about ‘Our Common Future ‘ which we are taking at † ( Mbasuen, 2009 ) . As an impact, numerous individuals see the build to incorporate different measurements such institutional and even political maintainability, while others, for example, ( Dietz and Neumayer, 2007 ; Neumayer, 2010 ) pitch their collapsible asylums with contradicting places of frail versus solid supportability. In spite of the tricky idea of this build, Sustainability Assessment ( SA ) on the different manus is less obscure, and can be characterized as a conventional technique of distinguishing, anticipating and estimating the potential effects of an endeavor (, for example, a rule law, statute, strategy program and undertaking ) and its alternatives on the reasonable advancement of society. ( Govender et al. , 2006 ) . It is another and sprouting develop in ecological examination, growing from plants completed by natural effect evaluation ( EIA ) and vital ecological examination ( SEA ) practicians ( Sheate et al. , 2003 ; Pope et al. , 2004 ) . It is continuously being viewed as an instrument in the ‘family ‘ of effect evaluation forms ( Hacking and Guthrie, 2008 ) that is utilized to grow new methods and assaults to affect examination that are intended to coordinate arranging and dynamic towards maintainable improvement ( SD ) ( Pope et al. , 2004 ) . It includes the incorporating of the biophysical natural, cultural and financial mainstays of manageability into assurance conceiving in a way that recognizes their between relatedness. ( Govender et al. , 2006 ) . The expanding level of political committedness to the standard of Sustainable Development has made SA a typical assurance doing apparatus ( Bond and Morrison-Saunders 2011 ; Govender et al. , 2006 ; Pope et al. , 2004 ) . Most of research on SA has started in Canada, Europe and the UK, be that as it may, there are still extremely hardly any representations of viable SA techniques executed known to mankind ( Gibson, 2006 ; Pope et al. , 2004 ) . A few outlines can been found in Western Australia ( Pope and Grace 2006 ) and South Africa of which many are truly delineations of ‘integrated examination ‘ , got from ecological effect evaluation ( EIA ) and key natural examination ( SEA ) ( Govender et al. , 2006 ; Pope et al. , 2004 ) . The term ‘Sustainability Appraisal ‘ is utilized in the UK to isolate customary SEA with a biophysical point of convergence from a signifier of key examination that other than covers cultural and monetary effects ( Dalal-Clayton and Sadler, 2005 ) . Govender et al. , ( 2006 ) contend that what is called Sustainability Assessment/Appraisal in certain states is on a very basic level equivalent to SEA in South Africa. This entire build of manageability or reasonable advancement was first depicted by the Brundtland Commission in 1987: as † †¦ improvement that satisfies the needs of the present without trading off the capacity of future coevalss to run into their ain requests † ( World Commission on Environment and Development, 1987, p.9 ) . The Rio Earth Summit which took topographic point in 1992 more remote set out a progression of activity focuses for achieving Sustainable advancement ( SD ) furthermore advocates the utilization of effect examination devices to go to SD ( Bond and Morrison-Saunders 2011 ) . In any case, as noted prior at that spot is by all accounts no accord in the criticalness of SD as there are a few clashing readings. This was demonstrated by O’Riordan ( 2000, p.30 ) â€Å" there is no unmistakable understanding with regards to what reasonable advancement is, each tract starts and finishes at various pointsaë†â ¦ † and blending to Williams and Millington ( 2004 ) , this is on the grounds that the request of how to conjoin requests and assets can be replied in a figure of various ways. For delineation what is economical and impractical, over what clasp length is manageability accomplished and how are common limits characterized and surveyed? ( Barrett and Grizzle 1999 ; Lawrence, 1997 ) . Accordingly, for SA example to achieve supportable outcomes, it needs to recognize that various partners have various framings of what SA results ought to be ( Bond and Morrison-Saunders 2011 ) . Getting Sustainability The being of numerous meanings of practical improvement as of now represents an occupation for maintainability examination ( Bond and Morrison-Saunders 2011 ) . Basic to all definitions are two cardinal principle ; intragenerational and intergenerational value and two cardinal builds ; requests and limits ( Carter, 2001 ) . How these aspects are deciphered has been the issue of contention seen in most writing. One curious issue is the various signifiers of supportability ; powerless and solid ( George, 1999 ) . Williams and Millington ( 2004 ) alluded to ‘weak supportability ‘ or ‘shallow environmentalism ‘ as a situation wherein one needs to spread out the load of assets by creating inexhaustible assets, making substitutions for non-sustainable assets, accomplishing progressively adequate use of bing assets, and additionally by looking for mechanical answers for employments, for example, asset exhaustion and contamination. While ‘strong supportability ‘ or ‘deep biology ‘ is a situation where the requests that we make on the Earth should be changed with the goal that we devour less ( that is ; rather than suit the Earth to oblige ourselves, we adjust to run into the limit of nature ) . This announcement is additionally reached out to ecological examination ( EA ) and numerous advocators of EA see the coordinating of cultural and monetary issues in SA as a potential instrument for legitimizing the exchanging off natural worries for socio-econmoic options ( Sheate et al. , 2003 ; Morrison-Saunders and Fischer, 2006 ; Pope and Grace 2006 ) . These varying places of both solid and powerless maintainability can been found in current examples. For delineation in Western Australia, SA expands upon a solid progress of undertaking natural effect examination, empowered by the Environmental Protection Act 1986, to incorporate cultural and financial contemplations each piece great as ecological issues, along these lines augments ‘win-win-wins ‘ and limits tradeoffs ( Pope et al. , 2005 ) . In spite of the fact that this will in general back up solid manageability, design in any case shows what distinctive as found in the Gorgon gas improvement on Barrow Island ( Class A Nature Reserve ) . The Western Australian Government affirmed the improvement when ecological effects were obviously negative ; that is set abouting natural tradeoffs in favor financial and cultural advantages ( Pope et al. , 2004 ; Pope et al. , 2005 ) . This is like the ‘weak ‘ build of manageability. Other than in the UK, SA in equipped towards projects and projects. Therivel et al. , ( 2009 ) broke down 45 Sustainability Appraisals led in England dependent on their core plans ( cultural, monetary or ecological classs ) . They presumed that the projects will hold great cultural and financial impacts, yet negative natural impacts. They other than brought up that SA does non place natural reasonable turns of events, or the satisfactory tradeoff between ecological expenses and social/monetary advantages. Subsequently meaning that SAs are undoubtedly non utilizing manageability rules, since they are neither putting what ‘living inside ecological limits ‘ are nor demonstrating core plans against them. The contention about supportability is on a very basic level in three classs ; ensuring the common habitat, advancing financial open help, and providing fundamental human requests. For certain individuals human abuse of the regular habitat at long last undermines human continuance while others will reason that some consumption of characteristic assets is unavoidable, for financial developing. ( Barrett and Grizzle 1999 ) . This would unavoidable effect how aftereffects of SA are been viewed as been maintainable or unreasonable. Other than existent example is not quite the same as Governments starting plan as found in the Western Australian occurrence ( Bond and Morrison-Saunders 2011 ) . Time Scales Another of im

Children are never too young to enjoy books

Perusing has been demonstrated to make an expansion of bits of knowledge and thoughts on the peruser. During the procedure, it makes a road of learning for a person. The capacity of books to tap interest, premium and learning prepares for better energy about the various fields and give proceeded with development and improvement to an individual. The limit of books to address each age bunch has given various advantages to every one. This part will investigate the advantages of perusing to kids. Welcoming kids to peruse books at an early age can make a fun and productive approach to find new things that life brings to the table them.Even the least difficult structure can make an enduring impact in their lives. â€Å"Children are never too youthful to even consider enjoying books, and for babies it's not just about perusing the words. It's additionally about getting a charge out of the collaboration with the guardians as the kid sits with them and appreciates the consideration. † (The Kids Window, p. 1) Creating thankfulness for books at an early age can give youngsters the correct establishment for what's to come. â€Å"It's likewise a decent age to become familiar with the nuts and bolts of language and numbers, and perusing along to stories and tallying books will help their comprehension of words and numbers. † (The Kids Window, p. 1) For adolescents, perusing is likewise considered vital.Studies have indicated that individuals with a distinct fascination for perusing show model execution in school as well as in different exercises too. â€Å"When adolescents read something other than their study hall assignments, inquire about obviously shows that they for the most part well in school. † (Gisler and Eberts, 2006, p. 1) Reading makes roads for youngsters to extend their points of view over their zone of interests. This causes them in tending to the difficulties present in school. Perusing can help increment jargon, extend expository aptitu des and improve composing abilities. â€Å"This prompts a strong center of information that is valuable in a wide assortment of classes.† (Gisler and Eberts, 2006, p. 1) Lastly, perusing among adolescents enables them to perform well later on especially school tests. â€Å"No other movement constructs the jargon and understanding aptitudes expected to excel on these tests just as perusing. † (Gisler and Eberts, 2006, p. 1) For grown-ups, perusing can make immense advantages. Grown-ups will â€Å"have a superior possibility for a fruitful, satisfying grown-up life. † (Jewell, 2007, p. 1) Adults can utilize books to illuminate regarding them of new patterns and issues present in the earth. With these they can be progressively versatile and dynamic to change.â€Å"And with the blast of data in the work environment, just eager perusers can remain very much educated effortlessly. † (Jewell, 2007, p. 1) Reading can likewise push grown-ups to â€Å"acquire the capacity to filter data and to see how irrelevant realities can fit into an entirety. † (Jewell, 2007, p. 1) By working on perusing as an option for work, it can assist grown-ups with being diminished from pressure and exhaustion. With perusing, grown-ups can get familiar with extra data, fundamentally survey significant things, grant encounters and convictions and simultaneously appreciate from the joy it brings. To finish up, perusing has been a significant aspect of human behavior.Maintaining an energy for perusing can make boundless open doors for the peruser. Given the beneficial outcomes that perusing can provide for an individual, it is significant not to disregard and be underestimated. As new innovation makes open doors for every person to tap on new thoughts, data and joy effectively, inclination for perusing books is gradually decreasing. The test currently is to renew perusing to individuals. Individuals must connect with general society and make familiarity with w hat perusing can add to society. Have the option to demonstrate that as of not long ago perusing is as yet essential in the all encompassing development and improvement of an individual.In the end, perusing will in any case be a significant movement that can make opportunities for all individuals any place age bunch they are in. References Eberts, M. Ed. S and Gisler, P. Ed. S (2006) Benefits of Reading as a Teen. Recovered October 11, 2007 from http://school. familyeducation. com/high schooler/perusing/40617. html Jewell, A. V. (2007) Benefits of Reading in family. organization. Recovered October 11, 2007 from http://www. family. organization/amusement/A000000969. cfm The Kids Window. Little youngsters and the Benefits of Reading. Recovered October 11, 2007 from http://www. thekidswindow. co. uk/childbooks/benefits-of-perusing. htm

About Facebook Performance In The Social Media Market - 2200 Words

About Facebook Performance In The Social Media Market (Term Paper Sample) Content: FACEBOOK INC.ZACHARY GREENWOODCOURSE:INSTRUCTOR:DATE:Table of Contents TOC \o "1-3" \h \z \u 1.0 EXECUTIVE SUMMARY PAGEREF _Toc482267740 \h 22.0 INTRODUCTION PAGEREF _Toc482267741 \h 33.0 PROBLEM STATEMENT PAGEREF _Toc482267742 \h 44.0 PROJECT QUALIFICATION PAGEREF _Toc482267743 \h 44.1 The scope of Facebook PAGEREF _Toc482267744 \h 45.0 ASSUMPTIONS PAGEREF _Toc482267745 \h 56.0 LITERATURE REVIEW PAGEREF _Toc482267746 \h 56.1 Overview of the firms performance PAGEREF _Toc482267747 \h 56.2 Data collection approaches PAGEREF _Toc482267748 \h 66.3 Popularity of Facebook PAGEREF _Toc482267749 \h 67.0 STRATEGIES THAT FACEBOOK INC. CAN USE TO WIN THE MARKET PAGEREF _Toc482267750 \h 77.1 Market development PAGEREF _Toc482267751 \h 77.2 Diversification PAGEREF _Toc482267752 \h 87.3 Product development PAGEREF _Toc482267753 \h 87.4 Consistent focus on user experience PAGEREF _Toc482267754 \h 87.5 New means of monetization PAGEREF _Toc482267755 \h 97.6 Acquisition PAGEREF _Toc4 82267756 \h 97.7 Penetration Strategy PAGEREF _Toc482267757 \h 98.0 CONCLUSION PAGEREF _Toc482267758 \h 109.0 RECOMMENDATIONS PAGEREF _Toc482267759 \h 1010. REFERENCES PAGEREF _Toc482267760 \h 121.0 EXECUTIVE SUMMARYAs the leading social media company in the world, Facebook Inc. can reverse its current decline in the number of clients and remain competitive in the social media industry. Facebook Inc. boasts of 1.6 billion users worldwide and is the leading social media organization around the globe (Smith, Grimm, Gannon, 2014). Despite the fact that users are shifting to competitors products, employment of the right strategies can re-establish customer loyalty and lure more targeted consumers aged between 18 and 35. The research conducted has established that the company is capable of maintaining its current market leadership due to various reasons. Firstly, technology is consistently advancing providing consumers with convenient and efficient means to interact and communicate (Smi th, Grimm, Gannon, 2014). Individuals from different cultures and backgrounds are embracing social media as an effective means of communication. Social media is facing fewer restrictions in many nations. Social media is a growing e-commerce tool that is widely used by businesses and consumers to sell and purchase products. Facebook is a widely recognized brand hence investing in intense and aggressive marketing is not required (Shih, 2016).2.0 INTRODUCTIONThere is no doubt that Facebook Inc. is arguably the leading social media network around the globe. However, due to the entry of other players in the industry, there has been a decline of Facebook users. Therefore, due to the recent and current decline in the number of Facebook consumers, the company has considered our group suitable to evaluate the strategies that can be undertaken to revive its market leadership position. Therefore, the group conducted a study to determine suitable strategies to reverse the decline, lure new cus tomers and maintain consumer loyalty. Facebook is a global entity; it operates in almost all countries across the globe. Competition has become stiff due to innovations and the growing number of social media companies in the global setting. The company is a recognized brand image both in the United States and other continents such as Europe, South America, Asia, Africa and Australia (Shih, 2016).This report aims at covering numerous factors that will lead to reviving the market leadership position of Facebook Inc. These strategies include mergers, product diversification, product development, market development, Consistent focus on user experience, new means of monetization and acquisition. This study will involve the management at Facebook Inc. Social media consumers in America and across the globe. Most of the research will be conducted through the web because consumers of social media products and services are located globally. Contrary to many existing opinions, we believe that the company can revive itself by applying the right market strategies and developing customer products that can attract and retain its clients.3.0 PROBLEM STATEMENTAs one of the major social media corporations, which also provide social networking services, Facebook has recently experienced a decline in its total number of users. This research aims at establishing strategies that can be applied to reverse this decline for the company to remain relevant in the current social media industry.4.0 PROJECT QUALIFICATIONThe current world is driven by globalization. All the communication barriers are broken down. Facebook Inc. is one of the companies that managed to create a platform that is allowed people not only to communicate but also to make business deals. Therefore, the recent decline of its dominance in the social media industry must raise concerns to the owners. There are many other players in the social media industry thus leading to stiff competition.4.1 The scope of FacebookFace book is a global entity; it operates in almost all countries across the globe. Competition has become stiff due to innovations and the growing number of social media companies in the global setting. The company is a recognized brand image both in the United States and other continents such as Europe, South America, Asia, Africa and Australia (Shih, 2016). This report aims at covering numerous factors that will lead to reviving the market leadership position of Facebook Inc. These strategies include mergers, product diversification, product development, market development, Consistent focus on user experience, new means of monetization and acquisition. This study will involve the management at Facebook Inc. Social media consumers in America and across the globe. Most of the research will be conducted through the web because consumers of social media products and services are located globally.5.0 ASSUMPTIONSThis study will be based on various distinct assumptions. Firstly Facebook is a globally recognized brand hence the audience that will be engaged in this research have a basic knowledge of Facebook. Additionally, the researchers assume that the decline in the number of consumers of Facebook products has been experienced across the globe, in all nations. Moreover, the marketing techniques and other corporate practices are uniformly carried out across distinct countries around the globe.6.0 LITERATURE REVIEW6.1 Overview of the firms performanceFollowing researches that I conducted including literature reviews, observation, expert reviews and personal experiences, I believe that Facebook is capable of reviving itself as a leading social media corporation. Currently, Facebook Inc. boasts of 1.6 billion users worldwide (Walther et al., 2013). The company is also the leading social media service corporation with the largest number of users around the globe. Currently, the company utilizes a marketing mix, which supports and capitalizes on its popularity. In the comp anys marketing mix, major considerations entail the nature of its online mobile apps and networking websites. However, users are opting for other services due to fact that the service has been overwhelmed with political rants and bad memes. Additionally, some of these sites deliver fast news and contents, which are easy to assess just by a click of a button. Nevertheless, I believe that Facebook has what it takes to regain its market leadership position by using the right marketing approach.6.2 Data collection approachesDue to the scope limitations pertaining primary sources such as observation and interviewing, primary research will be complemented by secondary research. In this regard, secondary sources will be widely utilized. Secondary sources include online materials in the form of journals, expert analysis, scholarly articles, data from the stock exchange and the companys recent financial year reports.6.3 Popularity of FacebookFacebook is the leading social network globally an d there is no doubt about that. The statistics indicate that despite the entry of many other players in the market, not of these competitors have been able to win the market against the Facebook in the market. Therefore, the firm still remains a leader in the market despite the challenges that the Facebook is facing in the current social industry.Fig. 1.1: Source statics 2016Facebook is the leading social media network with over 1.4 billion users. The company is followed closely by QZone, which holds the second position (Shih, 2016). This means Facebook is an established brand that controls the biggest share of the social media market, which is an advantage for the organization. Additionally, the recent acquisition of other competing networks such as Whatsapp and Instagram has helped ease competition making the company relevant in the social media market.7.0 STRATEGIES THAT FACEBOOK INC. CAN USE TO WIN THE MARKET7.1 Market developmentThis is a secondary business intensive strategy t hat the company can use for corporate growth. The main goals of this growth strategy are to penetrate a new market. One of the main techniques under this strategy entails coordinating with governments to ensure citizens can access online social networks globally (Shih, 2016). This strategy is deemed to yield results because it aligns the companys vision with its mission statement, which entails expansion through a global market penetration. This form of global market reach will maximize efficiency and effectiveness of the corporation, hence enhancing the organizations cost leadership generic strategies.7.2 DiversificationDiversification can be used as a supportive intensive strategy for the companys growth. The main goal of this growth strategy is to initiate new corporate ventures. For, instance, the company successfully bought Ocu...

Earl Richard Quinney And The Black Collar Crime - 782 Words

Reminiscent of the 1980s based considerations historically demonstrating criminological sophistication, Earl Richard Quinney is most noted for his look at crime among the wealthy or elite classes, most predominantly as white-collar crime. Quinney was born in small town rural Wisconsin in 1934 to first generation Irish immigrants. Quinney spent his youth completely in rural Wisconsin, graduating from Delevan High School. He life to this point, revolved around small farm-town living, where populist political culture dominated the landscape. During this time he developed significant skill as a writer for his high school newspaper, and this led him to later attend Carroll College, a small liberal arts institution in Waukesha, Wisconsin where he was elected as student body president (Mutchnick et al., 1990). Quinney aspired to join the Forest Service, as well as medicine, where he considered synthesizing biological science with sociology with a career in medical administration. Afte r a brief, unpleasurable, working stint upon graduation from Carroll College, Quinney attended graduate school at Northwestern University in Illinois where he wrote his master’s thesis on â€Å"Urbanization and the Scale of Society under the guidance of criminology scholars Kimball Young and William Byron. Not long after, Quinney went on to receive his post-graduate degree from his home state institution the University of Wisconsin at Madison in 1962. The road to achieving his post-graduate degree

Professional And Academic Knowledge At The Fairfax County...

To enhancement of my professional and academic knowledge, the internship program might be an essential tool and supporting element. Working with the Fairfax County s ADR office, I have been gaining some knowledge in the field of workplace conflict, where facilitation, intake, and conflict coaching conflict are major techniques being used for conflict resolution. In this period, the following targeted objectives have been addressing through the different program implementation strategies. 1. Learning the techniques that can be used in the organizational conflict facilitation/mediation; 2. Enhancing my effective communication skill by outreaching to other agencies in Fairfax Government and community; 3. Developing my research skill through information gathering, verifying, and analyzing from the internet; 4. Analyzing facilitation skills needed for conflict resolution through observing meeting, training, and workshops; To address these objectives, I have been working very closely with the ADR team and getting significant amount of support. As a conflict resolution scholar, organizational conflict facilitation, and mediation techniques are extremely important and helpful to support may future job as well as academic knowledge. I have found that the Fairfax County has huge number of employee dispute and conflict because of poor relationship, lack of training, personality differences, and different values. Policy review and evaluation is importantShow MoreRelatedExploring Corporate Strategy - Case164366 Words   |  658 Pagescompany as a strategic choice. Royal Bank of Scotland – corporate level strategy as seen by the company chairman. Coopers Creek – developments in domestic and international collaboration for a New Zealand winery. KPMG (B) – building a global firm in professional services. Eden Project (A) – inspiration, innovation and entrepreneurship to create a new ‘wonder of the world’. Chem Tech – innovative strategy development in the ï ¬â€šavours and fragrances industry. Key: ââ€" Ã¢â€"  = major focus ââ€"  = important subsidiary

Ethical Issues in Auditing Company Encompasses

Question: Discuss about the Ethical Issues in Auditing for Company Encompasses. Answer: 1(a): Audsabumrungrat, Pornupatham and Tan (2015.) states that business risks of a company encompasses factors that are primarily within the purview of the company, however, few risks factors are uncontrollable in nature by the companies in general and industries as a whole. The assessment of business risk profile comprises of evaluating several parameters as enumerated below: Risk pertaining to the claims: The business decisions undertaken by HIH showcases that the company has invested towards coverage sectors that entails a high risk profile. The quantum of high claims arising from the large sets coverage which were perceived to have low chance of occurrence, such as natural disasters and marine calamities, later on resulted in disbursing of high claim amounts. The inclusion of FAI in the company portfolio again raised the risks pertaining to high claims as the business operations of FAI aggravated faulty decisions in providing coverage to businesses that entailed high probability of claims. Exogenous Risks: Insurance products offered by the companies that cover natural events encompassed a high amount of risk depending on the probability of occurrence (https://www.treasury.gov.au). The change of governmental policies can in term hike the level of claims made the companys clients. The exogenous risks pertaining to the company delves towards increasing the costs of the company (Hih.com.au. 2016). Since the company focused upon providing coverage from natural disasters, the frequency of occurrence of calamities such as the Florida Typhoons and Sydney hailstorms increase the losses substantially. The maritime risks such as security concerns along with adverse weather conditions resulted in high payout to clients, therefore the company has experienced heightened amount of risks pertaining to the environmental risks. Financial Risk: The company was involved in controversial insurance products resulting towards insolvency issues. The high quantum of losses resulting from high insurance claims showcases the amount of cash outflow from the company. Moreover the acquisition of FAI that was grossly overvalued to the tune if over $300 million further aggravated the solvency issues. The subsequent writing off $400 million from the books of HIH further deteriorated the solvency conditions. The shifts in company policies towards increasing the amount of insurance coverage on high risk areas such as coverage of natural calamities, coverage of maritime activities along with the level of insurance on film industry resulted towards adverse. The restricted access to management reports aggravated the amounts of wrongdoing in management operations. Post the acquisitions of FAI the company showcased losses in case of its US and UK business (Budescu,., Peecher and Solomon 2012). The overstating of the balance sheets and income st atements resulted in misrepresentation of the financial positions in turn resulting in favorable ratios in terms of efficiency activity, liquidity and solvency positions of the company. Moreover, large lists of losses from Florida Typhoons, hailstorms in Sydney along with losses from coverage of films further escalated the adverse financial position that the company is in. 1(b): It can be inferred that involvement of directors from Arthur Anderson compromised the level of integrity in terms of preparation of financial statements. The of material fact from the HIH prospectus also reiterates that degree of disclosures was insufficient and misleading for investors of the company and its different stakeholders. In terms of opinion of auditors in relation to the financial statements, their evaluations were grossly misstated due to the degree of influence the board members exerted upon the release of financial figures. Moreover, the discounting of amount earmarked for prudential margin by the company reduced the degree of buffer that insurance companies applied to safeguard against claims of natural calamities. Therefore the risks of bankruptcy increased substantially. The implementation of reinsurance policies by the company aggravated the amount of inherent risks. That contributed significantly towards the misappropriation of funds away from the company. 2a) Reviewing of the facts from previous court cases of HIH: Statements of court cases relevant to the clients: The findings of the Royal Commission stated that HIH collapsed because of its failure to mitigate the risks pertaining to the adverse factors emerging in the insurance markets around the globe. The Commission Report also stated the presence of mismanagement pertaining to the company operations. Moreover, the claim by HIH that the downfall of the company was caused by inappropriate regulatory sanctions made by Australian Prudential Regulation was dismissed by the Commissioner of the Royal Committee (Ministers.treasury.gov.au. 1996). The subsequent recommendations made on the strengthening the independence of auditors after the Royal Commission Report showcased that the comprising of auditory guidelines were present in case of HIH, thereby indicating passively Anderson of being guilty of malpractices in auditory services. The instances of receiving payments to the tune of $124,000 by the insurance agents towards the awarding insurance payments of higher amounts have been observed by the investigators. Moreover, the involvement of company officials into large scale misappropriation of funds has been showcased by the investigation reports (Ministers.treasury.gov.au. 1996). Further, insurance coverage of assets that encompassed high rates of risks were aggravated in numbers as the company officials along with the insurance agents streamlined such efforts in consideration for monetary benefit from a few of the companys clients. Statements of court cases relevant to the creditors: As can be observed from the instances with regards to Daniel Wilkie, Terry Cassidy along with other board members, the court found them guilty of suppressing material facts regarding the financial performance of the companies. Moreover, serious lapses were observed in case of limiting the independent functioning of audits. Further, the court also found by the management of sacking or removing the financial analysts hired by the company who have expressed their concerns regarding the rising levels of losses and the financial structure of the company. Moreover, the trials and the subsequent indictment of the board chairman along with the other board members showcases that the managements followed large sets of corporate malpractices. 2b) Depiction the factors pertaining to negligence actions by HIH: Lack of transparency in corporate practices: Bhattacharjee, Maletta. and Morena (2015) states that transparency in terms of depicting true and fair view of the companys financial position along with the level of transparency in operating and investing activities are prerequisites for a companys prospects. Moreover, the presence of directors with questionable background and subsequent challenges to ethical parameters has put a doubt in terms of the integrity in business practices of the company. Issues regarding corporate governance practices: The conflict of interests arising from the wrongful governance practices can be attributed for the adverse financial repercussions in an organization (Bhattacharjee, Maletta and Moreno 2015). The non alignment of the shareholders interests with that of the managers resulted in negative effect upon the levels of corporate governances measures undertaken by HIH. Moreover, the issues pertaining to the restriction upon the non executive directors by limiting their power among the board of directors led to increment towards the level of bad governance practices. Gunin-Paracini, Malsch and Paill, (2014) states that the quantum of transparency influences ethical consideration in auditing. Moreover, the rise in principle agent problems followed from corporate governance issues resulted towards higher level of agency costs as the non alignment of interests have far reaching outcomes (Audsabumrungrat. and Tan, 2015.). 3a: The inclusion of executives from the external auditor showcases a clear conflict of interests in terms both the audit firm and the company. Gunin-Paracini, Malsch and Paill (2014) states that in order to increase the level of transparency the workings and proceeding of auditors have to be devoid of any influence from the management of the audited firm. Further, as per guidelines laid down in the Corporations Act, 2001 the company auditor requires to declare in person or as an audit firm that no external sources of coercion have been inflicted upon the proceedings of the auditor. Moreover, the Act also states the auditors require declaring whether external audit has been conducted independently. The appointment of former executives of Anderson showcases that there is an underlying set up between the company and the external auditor. Point to be noted is the fact that the chairman of the board of director himself is former employee of Anderson; thereby the magnitude of fraud in auditin g the financial statements can be measured by such adverse managerial appointments. The reasons behind the inclusion of the Andersons former executives on the managerial board of HIH can be several, primary among them being enumerated below: To bring expertise into managing company policies in accordance with the accounting standards and legal framework of the market that the company deals in. In order to initiate window dressing comprising of suppressing large losses that the company incurred from covering high risk assets. To vitiate the independence of external auditors of the firm through alignment of Andersons goals of higher revenues, from audit and non audit services, with that of HIHs objective to increase its market price. To overstate the acquisition costs of FAI with the external auditor providing favorable audit reports. In order to suppress details of actual financial performance of the company through assistance from its external auditors. 3b Auditing firms usually tends to have expertise in terms of regulations and guidelines pertaining of investigating servies (Keune and Johnstone 2012). The non audit services provided by the external auditor of the firms tend to have several advantages as enumerated below: The safeguarding of revenues from high payments towards corporate taxes can be initiated with the assistance from the external auditors as the auditors have sufficient knowledge regarding tax laws and acts (Griffin, J.B., 2014). The insight into the operations of the company by the external auditor because of inspections and evaluation of company activities for preparation of audit report may in turn make the auditors well versed with the companys operations. Thereby, the auditors of the company are in a better position to provide consultation services. Exposure to operating and financing activities of the firm helps the auditors to earmark the discrepancies in different sets of corporate operations. The probability is high that the auditor is well versed with the challenges that are unique to the industry, in which the company belongs to. Moreover, the fees for consultative services from the external auditor are lesser than what is charged by other consultants. 3c: There is multiple numbers of ethical violations committed in the current case by the auditors of the firm. In this case, the fees for non audit services does not exceed the amount of auditing fees thereby not exceeding the ceiling prescribed in the taxation laws such as the Corporations Act, 2001 among others. However, the presence of former associates of Arthur Anderson, the external auditors, in the board of HIH followed by non audit fees that is close to matching the level of audit fees provides space for speculations. Investigations into the case revealed that the investors were provided audited financial statement that contained inflated levels of profits and were bereft of any fair representation of material facts. Moreover, it can also be inferred that the losses faced by HHI could have been mitigated if adequate amount of auditory control on the company were applied. Thereby, the auditors have restrained themselves from following ethical guidelines while conducting audits. 3d: Different recommendations enumerated in the Ramsay Report and CLERP 9 aims towards ensuring corporate governance practices in organization through limiting the scope of unethical auditory practices. The recommendations are depicted as follows: Ramsay report suggested that the auditor requires formally declaring that the auditor has been independent in conducting auditory services. The CLERP 9 requires that the CEOs and CFOs certify that their balance sheet and financial statements have been prepared in accordance with the relevant corporate laws. Entitlement of shareholders to submit queries relating to the audit in the annual general meeting. Compulsory attendance of auditors in annual general meetings of their companies. Compulsory disclosure of payments made to the auditors for non audit service fees. The compulsory declaration made by directors certifying that they are satisfied that non audit services does not compromise the independence of the auditor. The implementation of such recommendations is aimed towards limiting the quantum of unethical practices with regards to misrepresentation of material facts in financial statements. Moreover, the key executives are included under the aforementioned sets of recommendations in order to make them accountable for any lapses in fair representation of financial figures in financial statements and annual reports. 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