Tuesday, January 21, 2020

A View From The Bridge :: English Literature

A View From The Bridge Arthur Miller clearly uses different aspects of his play â€Å"A view from the bridge† to create dramatic tension. His central character Eddie is the person around who has a great deal of conflict revolving around him. He creates a lot of tensions and each scene of conflict becomes stronger than one before. He lives with his wife and her niece Catherine. Eddie is very protective of Catherine and wants her to get a good education. He also seems to be in love with Catherine but refuses to face this fact at any stage in the play even when Beatrice, his wife, points it out to him clearly. We also witness Eddie’s verbal conflict with all the characters at some point throughout the play. Other aspect is how the other characters feel concerned about him. There is a scene of unease as we see how Catherine and Beatrice are unsure about how he will react when he is told about Catherine’s job. As we understand Catherine is deeply influenced by Eddie and does everything he wants and Beatrice warns her not to act like a child in front of Eddie. The introduction of two foreign characters from Italy( Marco and Rodolpho) to this working class environment of New York creates a good deal of the conflict and tension in the play. Rodolpho is not married, good looking, lively and able to gain interest easily, in fact Catherine seems to have been immediately attracted to him. He dreams of being rich and returning to Italy with a monocycle. So Catherine falls in love with him and as soon as they begin to date Eddie gets very annoyed, as he is very possessive. He objects to the relationships between Catherine and Rodolpho because he is secretly but very jealous. Tension increases in Act One as Catherine boasts to Eddie that Rodolpho has been to Africa. Eddie and Marco describe their travels on fishing boats and Beatrice asks why they have to go out on boats to fish so Marco tells her that the only fish she will catch from the beach are sardines. Audience see that Catherine and Beatrice contemplate about the thought of sardines in the ocean. Catherine thinks the idea of sardines in the ocean is as strange as oranges on a tree. Eddie agrees with Catherine and makes weird announcement saying that he heard about painting oranges to make them look orange because they grew green on the tree. It sounds understandable for us that Rodolpho disagrees with Eddie's thoughts about the oranges and Beatrice feeling some kind of conflict coming up quickly diverts it by

Monday, January 13, 2020

Pran Group Swot Analysis

PRAN  stands for  Program for  Rural  Advancement  Nationally. The largest fruit and vegetable processing industry in Bangladesh with countrywide distribution network AMCL’s  PRAN  is an established brand of Bangladesh with an extensive sales force all over the country. PRAN  have a well-developed infrastructure for production, sales and distribution. PRAN  has proven itself as –  Local product but of international standard. . Goals: †¢ Quality maintenance and improvement. †¢ Satisfied customers. †¢ Hold on to the current customers and again gain customer loyalty. †¢ Gain competitive advantage over all the competitors. To double sales and expand production capacity every 7-8 years. †¢ To become one of the biggest names in international fruit and vegetable processing industry Scope: The market of soft drinks and beverage is very competitive. We may say that as a strong market. This project paper is prepared as a marketing plan of a product of AMCL which brand name is PRAN. Methodology: To prepare this report, standard methods of report writing have been used. For writing this report different types of data were needed to complete, tabulate and analyze. The required data were collected by using secondary sources.For collecting data from secondary sources, go through various web sites. After completion of the data, these were sorted into different categories. Limitation: The study suffered a number of limitations: 1. Lack of the part of experience of the researchers. 2. Unconfirmed accuracy of certain information acquired. 3. Lack of information from the primary source. 4. The comparisons may not be effective enough. 5. Lack of time for preparing the report. Source of data: Our source of data is internet, other company profile, published magazine by other company etc. e also collect information from our experience. Current market analysis: According to the information from different sources â€Å"Pranâ₠¬  is now the market leader in the juice sector of soft drinks market. After Pran, frutika, fruto are in the position. Most market shares are now holding by AMCL (Pran), next frutika and then fruto. Product Review: Among many of their products  PRAN’s  main product is their fruit juice and fruit drinks, which is very popular among the existing market. The product line is: †¢ Fruit juice in glass bottle (returnable): It is hygienically produced by state-of-the-art machinery.Available in  mango flavor, made from fresh local ripe mangoes. †¢ Fruit juice in glass bottle (non-returnable): This category of juice is found in non-returnable glass bottle in flavors of  mango, guava and orange. †¢ Fruit juice in aseptic pack: Available flavors in this category are:  mango, lemon, orange, pineapple, guava and mango-pine. †¢ Fruit juice in can: The fruit juices in cans are hygienically produced by state-of-the-art machine from flavors of  mango, orange an d guava. Review of competitors: Currently there are so many juice companies in our country. Among them pran is the leader of juice sector in Bangladesh.Except pran, Lemu, Mojo, RC cola, Pepsi, URO Cola, Virgin, Fruti, Coca cola, 7up, Tiger. Shezan Juice, Rasna. Review of distribution: Pran primarily use existing distributors for distributing their product  Pran Juice  then; they make some new channels and assign some distributors to promote their product to all over the country. So pran deal with this chain: Manufacturer >   Wholesaler>  Ã‚   Retailer>   Customer Figure: Distribution Channel Company using mobile shop in the shopping malls, offices and crowded areas so that people can purchase the product easily when they like to consume.We will make our consumer by  Value Delivery Network. SWOT Analysis: Strengths: †¢ Government support:  Being the biggest local force in the industry AMCL always had government by its side. Government has been supporting  PRAN  in many ways like subsidies, export subsidies, tariffs on foreign competitors etc. †¢ First mover’s advantage: PRAN  entered the market when the product was still very new to the consumers and there was little or no presence of any other local companies with such investment. Therefore  PRAN  had the first mover’s advantage which they are still enjoying till now. Internal strength:  AMCL has a very powerful management team to guide a strong gigantic workforce. Despite its huge size  PRAN  has been able to maintain labor productivity and increasing sales. Its labor productivity is twice as much as any other local company in the market (Not foreign companies). †¢ Market share: PRAN  AMCL has a great competitive advantage over the other competitors. As mentioned earlier it is the largest fruit and vegetable processing industry in Bangladesh and holds the biggest share in markets in Bangladesh among the local companies.PRAN  has the largest sales in fruit drinks after Coca-Cola and PepsiCo. Weaknesses: †¢ External threats:  Too much competition from international organizations, for example Coca-Cola, PepsiCo, RC-Cola, Virgin Cola, Rasna (India), Shezan (Pakistan) etc. †¢ Internal weaknesses:  Large size of the business and workforce makes it difficult to manage perfectly. As a result it often causes internal conflict. Opportunities †¢ Existing competitor of the current market is not that much strong which the pran company has. †¢ Pran can be export to other countries. †¢ Existing distribution channel is being used. High growth rate in this industry. Threats †¢ Competitor can produce the same product. †¢ Downward pressure on pricing. †¢ Political instability, economy etc. †¢ New innovation from other competitors could be a threat. Marketing Strategy Positioning Pran always try to position their product through image differentiation, because related marketing, and product differ entiation. Pran will use logo and short advertisement so that people can consistently see the advertisement so the product will occupy a clear, distinctive, and desirable place in the mind of the consumer relative to competitors’ product.Pran will use USP (Unique Selling Proposition) for their product. To do brand differences that make a better differentiation or that has the potential to create company costs as well as customer benefits. A difference is worth establishing to the extent that it satisfies the following criteria. †¢ O Important †¢ O Distinctive †¢ O Superior †¢ O Communicable †¢ O Affordable and Profitable Marketing Mix: Our marketing mixes for the product  Pran  are Product Marketing: For launching a product in the market, there is some procedure that should be followed by every marketer to move in the long run.Our product will enable our customers to have a different experience to try our juice. They will be able to differentiate our product in quality which is unique in the soft drinks market. They will not be able to feel the same way for the other soft drinks in the market. Pricing Strategies: We shall charge based on â€Å"Overhead Expenses† and â€Å"Cost Plus†. Overhead Expenses include rent, gas and electricity, business telephone calls, packing and shipping supplies, delivery and freight charges, cleaning, insurance, office supplies, postage, payroll taxes, repairs, and maintenance.The accuracy of our costing will depend on estimating logical amounts for all categories of expenses. We have to list all overhead expense items and total they divide the total overhead figure by the number of items per month (or time period we used above). The answer is our overhead per item: Overhead + Materials + Labor = Total Cost/Item From the market research, we received the following- Company Name  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Price Fruti(250ml)  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   15 Mojo (250ml)  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   15 Pran(250 ml)  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   15 Table: Price of different brands.We want to charge 250 ml Pran soft drinks at the selling price of Tk. 14. On the other hand, the prices for Pran soft drinks are to be charged for 500 ml Tk. 32, for 1000 ml Tk. 60. Place or Distribution: We will primarily use our existing distributors for distributing our new product  Pran Juice  then; we will make some new channels and assign some distributors to promote our product to all over the country. We are using mobile shop in the shopping malls, offices and crowded areas so that people can purchase the product easily when they like to consume.We will make our consumer by  Value Delivery Network. Advertising and Promotion: The most successful advertising will be throu gh  BTV, NTV, Channel I, ATN  Bangla and RTV  which are the most popular television channels in the country. We will also use some bill-boards and leaflets and we will hold a sport event to promote the product. We will also use our experience so that we can create attention to the customers. Target market Our main target market people are the young ages people who like to drink juice very much. Mostly the school going students and the children.Beside that we also focus the young generation people. Although our main target market is young people but we also prefer the people of adult and old ages people. Forecast and Financial analysis: it just a hypothetical forecasting and financial analysis- The brands of â€Å"Pran Juice†Ã‚  will be introduced in September. We make an action program for the next four months. And we believe that, if our four month action programs will run well, then we will achieve our goals easily. June: In June we will arrange meeting with our suppl iers, dealers.And talk about our new product’s quality, product development etc. Our product is low involvement and buyers show habitual buying behavior. Then we will start production new Pran Juice. July: After meeting with the dealers we will provide sample Pran Juice to our customers for getting publicity. On the other hand we will give advertise of our new product in the Television, Radio, Bill Board, Banners, and in the Poster. Then we will launch our product in to the market. In the primary stage we will produce 250ml and 500ml can. August:After doing our successful operations of two month, at the third month we give extra benefits to the dealers and sellers to improve our sales. We will give small toys; arrange game. Observing the situations, at this stage we will produce 250ml can, and 500ml can for the consumers. In this month we will start to produce 1000ml can. And this month our product will be available in almost every shop of the country. September: In our last month of action program, if situation will favorable then we go for Divisional dealers to distribute to the whole country.Observing and analyzing we take necessary actions to develop product sales and increase our profit. In this way we will continue our production and give a particular image to the mind of every customer. Budget: This section will offer a financial overview four company as it relates to our marketing activities. We have shown break-even information. Sales Forecast: The sales forecast is broken down into the three main revenue streams; direct  Ã‚  Ã‚   sales, Web sales, consignment sales. The sale forecast for the upcoming year is based on 30% growth rate.Growth rate for year 2006 to 2010 are based on percentage increases as follows: †¢ Direct sales 20% growth rate per year †¢ Web sales 50% growth rate per year. †¢ Consignment sales 20% growth rate year. [pic] Profit/loss: January 31,2011, AMCL(PRAN) As per un-audited half yearly accounts as on 31. 12. 10 (July’10 to Dec’10), the company has reported net profit after tax of Tk. 19. 44 million with EPS of Tk. 24. 29 as against Tk. 17. 05 million and Tk. 21. 31 respectively for the same period of the previous year. Control: Our control depends on the customer satisfaction.If customer demand different things with which they feel comfortable, then we simply change our controlling techniques. Conclusion: We all know that, today’s fast moving world respect the new, innovative ideas. To keep the same pace with this situation our company had decided to launch a Juice and it has a bright future in its market. As the product is innovative, the consumers are going product will be a strong product mix for our company. And once our  Juice  will reach to the hand of our targeted customers, we will be able to capture the most market shares.

Sunday, January 5, 2020

Essay about Globalization and the Effects on Population

Globalization and the Effects on Population: A Look at Projections, Theories, and Global Population Practices. â€Å"We in the West do not refrain from childbirth because we are concerned about the population explosion or because we feel we cannot afford children, but because we do not like children.† Germaine Greer, an Australian feminist writer, may or may not have been entirely serious when she wrote this statement, but the statement is an insightful one nonetheless. Greer hits on three major underlying themes that affect the study of global population trends. The first and often most important concern in population studies is that of a â€Å"population explosion.† Other important factors including the economic impact on population†¦show more content†¦Population Growth, â€Å"Explosion†, and the Forces of Globalization By the mid 1950’s it was already evident that a large population growth was occurring worldwide. Basic demographic stat istics show unprecedented population growth in the twentieth century. â€Å"In 1900 global population was 1.7 billion, in 1950 it reached 2.5 billion,† long term projections from the United Nations estimate that human population will reach the 6 million mark by the end of the twentieth century and furthermore they project a growth to a population of approximately 11.6 billion around the year 2200 . Most scholars, and even the United Nations statisticians themselves, will acknowledge that such long-term projections are at best simply nothing more than guesses. Despite this fact, these projections must still be acknowledged in order to plan for a future in which 11 billion people may have to share the scarce land and resources left in our world. The debate over population growth is one that is fierce, often over exaggerated, and clearly centered around the Malthusian dilemma. Alarmists will warn that the population is far outgrowing our food sources, therefore population growth must be the main cause of hunger. â€Å"In 1985, at the height of a major African drought, Colorado governor Richard D. Lamm wrote in the New York Times that the United States should stop giving emergency relief to African countries that failed to reduceShow MoreRelatedGlobalization : The World Of Politics And The Human Population1648 Words   |  7 PagesGlobalization influences many aspects of human life, it is a process of change, the process of collaboration and integration among the people and businesses of different nations, it is a process propelled by trade, investment and technology. The process of globalization has great purpose for bring people together and sharing ideas however, it has effects on the environment, culture, the economy, politics and the human population (Globalization 101). Globalization has effected the environment dueRead MoreEconomic Gaps : Globalization A Real World View986 Words   |  4 PagesEconomic Gaps: Globalization-A Real World View The main sociological issue depicted in the video is globalization. Globalization deals with social changes that affect the world on an international scale. This is regarded as the most important social change of the 21st century because the entire world is connected and can communicate in a matter of seconds. This eases the flow of ideas, people, and material objects and allows a small change somewhere to spread and have far reaching effects. This videoRead MoreGlobalization And The Global Migration903 Words   |  4 Pagesthe country. Globalization is the global economic integration of the global market. In recent time, there were many migrations because of the process of globalization. In order for us to understand the causes and the effects of these migrations, we need to understand the relationship between globalization and global migration. Globalization is the primary reason why global migration occurs. Globalization is the (process of integration and development in the glob al market.) Globalization is a majorRead MoreEssay about Effects of Globalization on Ghana774 Words   |  4 PagesEffects of Globalization on Ghana Globalization is a phenomenon that has conquered much of the world we live in today. From the depths of the most rural village to the world’s biggest cities, the effects of globalization are quite apparent. However, this paper aims to address the issues that globalization presents for countries in West Africa; more specifically, Ghana. To fully understand the situation of Ghana, we must look at the meaning of globalization and what it represents to Ghana andRead MoreGlobalization And Its Impact On Pakistan s Economy978 Words   |  4 Pages SYNOPSIS Topic: Globalization and its impact on Pakistan’s economy Submitted to: Miss Ayesha Submitted by: Syeda Fatima Nadir Semester: 6 Major: Economics Introduction: Globalisation is the processRead MoreEconomic Impact Of American Fast Food Upon Developing Countries Essay1736 Words   |  7 Pagesthese goals seem to follow the trends of globalization: investment, technological improvements, secure institutions, and a market economy. Countries that benefit the most from globalization are found to be of high-growth. The integration of a global economy in a country has prompted entrepreneurs to regard the world as one market in the form of franchising. With that being said, economic success can measure the effects of Western commercial globalization from the results of American fast food franchiseRead MorePoverty : A Economic Disparity Between The Rich And Poor1361 Words   |  6 Pagesincome gap in his quote: â€Å"No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.† Due to Saudi Arabia’s vast oil wealth, there is a large amount of the population who live well and frui tful, but more than 20 percent of the population lives in crippling poverty (Baker, 2013). Poverty is usually defined in either absolute or relative terms. Absolute poverty refers to the standard of living, which is reflected in satisfying the needs for basicRead MoreEvaluate the Positive and Negative Effects of Globalization in China894 Words   |  4 PagesEvaluate the positive and negative effects of globalization in China Globalization, which is the process of enabling financial and investment markets to be operated widely and internationally, usually refers to the increasing global relationships of culture, people, and economic activities (Simon. J, 2002). It is generally used to represent economic globalization including the global distribution of the production of goods and services, through reduction of barriers to international trade suchRead MoreThe Effect of Globalization on Japan630 Words   |  3 Pages I will analyze the effects of globalization on Japan’s culture, worldview, population, environment, and environment. I will consider both the direct and indirect effects of globalization on Japan’s native and foreign inhabitants. My analysis will not be restricted to any specific geographic region of Japan; I will highlight issues that have widespread implications across Japan’s myriad prefectures. By merging two datasets from 2000, Cole, Elliot, and Shimamoto measured fourteen indicators ofRead MoreWhat Would Our World Look Like Today If Globalization Did Not Exist?1482 Words   |  6 PagesWhat would our world look like today if globalization did not exist? The answer is that it would look quite different from what we are used to today. Many of the products used every day by Americans have been made available and sold to us due to globalization. Globalization is the process or act in which values, technologies, and businesses spread internationally; connecting, sharing ideas and technologies and moving from their domestic roots to establish a worldwide influence as they expand their

Friday, December 27, 2019

Analysis Of Usama Ibn Manqidh A Muslim Warrior And Writer...

Usama ibn Manqidh a Muslim warrior and writer who lived during 1095-1188 in Shayzar, Syria. The First Crusade happened in 1096 and the Crusaders seized Jerusalem, Usama would grow up among the Christians infiltrating the Holy Land. In the year before Usama dies, Jerusalem is recaptured by Muslim general Saladin. Usama lived during a time of great tension and dislike between Muslims and Christians, giving the reader his perspective of the invading Christians in his home land. He was also a tremendous story teller and would sometimes exaggerate details in his memoirs to make a better story, even though some details are exaggerated his insight of the Crusades is important. Usama ibn Manqidh’s perspective of the Crusades is valuable, he expresses in his memoirs the distinctions between Muslims and Christians through their cross cultural interactions that took place during the Crusades. A distinction that Usama finds among the Muslims and the Christians is their use of medicine and how they treat people. He recalls of a story of a Muslim physician treating a knight with a leg wound and a woman with a mental illness. After a few days of treatment from the Muslim doctor both patients are getting better, however a Christian doctor arrives and disregards everything that the Muslim doctor has done and begins his own treatment for the patients. His form of treatment is far more brutal he has the knights leg chopped off but then the knight bleeds to death. As for the woman he believes

Thursday, December 19, 2019

The Case About Accounting Fraud At Worldcom - 1964 Words

the analysis of the case about Accounting Fraud at WorldCom Group member: Weichuan Xu Miao zhou 1. What are the pressures that lead executives and managers to cook the books? Firstly, one of the pressure is the company’s goal that was made by the top executive Ebbers. There is an economic recession and the bubble collapse which make the conditions deteriorate in 2012. He thinks that the company should focus on being the NO.1 stock on Wall street rather than the company’s really good operation situation, which is a strategic mistake. It means that the whole company might pay a close attention to the company’s good financial ratio excessively. In detail, facing the serious situation, the executives still tried to maintain the company’s†¦show more content†¦Due to the difficulties to find a company like WorldCom to make such a benefits for their family, they will choose to survive and undertake the burden from the surrounding. 2. What is the boundary between earnings smoothing or earnings management and fraudulent reporting? The earnings smoothing is for management who try to maximize the wealth of company and reduce the risk of the firm. It can also improve the value of company and reduce the tax in order to make the financial statement more reliable. Management can keep an illusion of consistent increasing, borrow money from next quarter, and load up expense to reduce the variance of periodic profit to some extent allowed by accounting principles. The management can use of accounting techniques to make positive picture of company represented by financial reports. It can keep the investment from investors and shareholders because they prefer to paid the higher price of stock only when there’s a stable increase in the earnings. On the other side, fraudulent reporting is about the deliberate action for issuing a misleading financial statements. The purpose is to conceal the real performance and negative picture of business. However, the management is intention to conceal the actual performance of the company regardless the legal and legitimate practices by its financial statements. WorldCom’s action is a fraudulent reporting rather than earning smoothing. It saidShow MoreRelatedAccounting Scandal of Worldcom940 Words   |  4 PagesMANAGERIAL ACCOUNTING WORLDCOM How did it cook the books? Nguyen Bao Khanh Student ID: FB60162 Class: FB0662 May 19th, 2012 APENDIX 1. WorldCom’s accounting scandal 2. How did WORLDCOM cook its books? 3. Conclusion WORLDCOM headquarter in Virginia, USA. WORLDCOM’S ACCOUNTING SCANDAL WorldCom, established in 1983, whose CEO was Bernard Ebbers, was the second largest long distance phone company in the US after ATT. It could be seen as a pride of America until it got into oneRead MoreWorldcom Failure1198 Words   |  5 PagesWorldCom Failure in relation to its Organizational Behavior LDR/531 - Organizational Leadership October 7, 2010 WorldCom Failure in relation to its Organizational Behavior INTRODUCTION Year 2002 saw an unprecedented number of corporate scandals: Enron, Tyco, Global Crossing, etc. In many ways, WorldCom is just another case of failed corporate governance, accounting abuses, and outright greed. Many people may question if there is a secret to operating a successful business in modern times.Read MoreA Case Of Accounting Fraud1555 Words   |  7 Pagesmajor case of accounting fraud driven by the desire to build and protect one’s personal financial condition is the WorldCom debacle. Bernie Ebbers had to show continually growing net worth in order to avoid margin calls on his own WorldCom stock that he had pledged to secure loans. When WorldCom, the telecommunications giant, failed and was put into bankruptcy, the U.S. witnessed the largest accounting frauds in history. Former CEO, Bernie Ebbers, was convicted of orchestrating this accounting fraudRead MoreDo Big Companies Take So Much From Each Other?1328 Words   |  6 Pagessubsidiary of Verizon Communications. In the article World-Class Scandal At WorldCom by David Hancock he discusses how â€Å"The corporation was formed as a result of the fusion of WorldCom and MCI Communications corporations, and used the name MCI WorldCom for a while and was succeeded by the WorldCom Company, before changing its name on April 12, 2003, as part of the corporation s ending of their bankruptcy status.† WorldCom Inc. began as a small Mississippi telephone service provider of long distanceRead MoreWhy Do Big Companies Take So Much From Each Other?1330 Words   |  6 Pagessubsidiary of Verizon Communications. In the article World-Class Scandal At WorldCom by David Hancock he discusses how â€Å"The corporation was formed as a result of the fusion of WorldCom and MCI Communications corporations, and used the name MCI WorldCom for a while and was succeeded by the WorldCom Company, before changing its name on April 12, 2003, as part of the corporation s ending of their bankruptcy status.† WorldCom Inc. began as a small Mississippi telephone service provider of longRead MoreRelationship Between Andersen And Worldcom Essay1005 Words   |  5 PagesRelationship between Andersen and WorldCom Andersen was WorldCom’s external auditor from 1990 to 2002. They has shared a good relationship since the time Andersen was found. After MCI had been acquired by WorldCom, Andersen got the position to audit MCI at the cost that WorldCom offered Andersen less amount of auditing service fee than other accounting firms. (ACC guest speaker series presents David Myers.(2009).[Video/DVD] Baylor University). But according to the size of WorldCom, such amount of money couldRead MoreWorldcom Case1078 Words   |  5 Pages3) Roots of the scandal The roots of the fraud and the role of internal auditors As explained above, the fraud was implemented by the former CEO Bernard Ebbers and commited by his financial director Scott D. Sullivan. The technique used by Worldcom was pretty simple; indeed, he cooked the books by saving pure operating expenses such as maintenance network in capital expenditure instead of expenses in order to hide its decreasing earnings and to maintain the price of Worldcom’s stock. In summaryRead MoreBernard Ebbers And The Grand Success Of Worldcom1608 Words   |  7 Pagesco-founder of WorldCom. WorldCom was the second largest long distance phone company in the United States now known as MCI, because of the tremendous scandal that led to the company’s bankruptcy (Crawford, 2005). With the grand success of WorldCom, Bernard Ebbers became one of the most powerful American businessman ever to face a criminal trial. In 2005, Ebbers was found guilty of securities fraud, conspiracy, and filing false documents with regulators. With the fraud committe d to WorldCom, it led toRead MoreIndustry Specific Changes. The Telecommunications Industry1697 Words   |  7 Pagesproposals are approved on a case-by-case basis (Litan Noll 2004). During the 90s boom, Ebbers and LDDS Communications successfully expands through various acquisitions. By the time the 1996 Telecommunications Act is enacted, competition in the telecommunications industry soared. After the successful acquisitions of MFS Communications and UUNet Technologies, the newly formed WorldCom offers long distance, data communication, and local services. In 1997, WorldCom successfully acquires MCI CommunicationRead MoreLost insurance benefits as well as retirement benefits tied to WorldCom stock. Shareholders, which1200 Words   |  5 Pagesas well as retirement benefits tied to WorldCom stock. Shareholders, which included many pension funds, lost billions of dollars. The California public-employee’s retirement system, the largest state pension fund in the country, sued in an attempt to regain some of the $580 million it lost in the WorldCom debacle (Ripley 6). The telecommunications industry suffered as well. Industry companies were competing against WorldCom under false pretenses. WorldCom was fraudulently stating its financials

Wednesday, December 11, 2019

Arbenzs Land Reform and Social Culture in Guatemala free essay sample

This paper examines the impact on Guatemalas social culture of the Arbenz land reform. The following paper discusses the three major effects that land reform had on Guatemalan social culture. Questions such as: What groups, exactly, benefited from the reforms? What groups opposed them? What do the resulting conflicts over land reform reveal about the already existing character of Guatemalan society, and how that society partly transformed itself during the era before the `Liberation` by U.S. backed forces. From the paper: `First, by redistributing land to, and encouraging greater political participation by, sectors of the Guatemalan population that had been harshly controlled and repressed for centuries, it awakened hope. Second, it brought to the fore many already simmering conflicts between different ethnic groups, classes and institutions in the countryside. Third, it invited a fanatical anti-Communist reaction by the landowners and the military that continues to shape Guatemala to the present day. We will write a custom essay sample on Arbenzs Land Reform and Social Culture in Guatemala or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page `

Wednesday, December 4, 2019

women and shopping Essay Example

women and shopping Essay There has always been a lot of interest in what actually goes on at an Ann Summers Party. Particularly by men I wonder why? Well, its really no big secret. You organise for a bunch of women to be sitting comfortably in a friends home, with a glass of wine in one hand and a bowl of nibbles in the other, and you go out of your way to make sure that all these women have a good girly night in! My parties usually last about two to two and a half hours long, Brilliant for a Friday or Saturday night because you have your party booked to start at around 8pm and by 10.30pm you and all your mates are in the pub or the nightclub having already had a few drinks and well in the mood for a good night out! Well contrary to popular belief, your Ann Summers Party Organiser is not there to make complete fools out of you all (although the odd faked orgasm doesnt go amiss). Our aim is to entertain you and give you the option to look at and purchase items that you wouldnt normally browse in a shop for . We will usually start off with introductions, and run through all the things you need to know about payments; delivery dates; guarantees etc, and then we will loosen things up with a couple of party games. How risqu the games are is entirely up to the guests at the party, you can choose whether to be completely mad and make fools out of your friends or just to have a bit of a giggle, there is something for everyone! After the games we will start with the demonstration. This usually takes about an hour and you will be shown a selection of underwear, novelties, and sex toys! After the demonstration your organiser will encourage you to try on items of lingerie that you like, and will be on hand for you to approach with any questions you may have about the products. There will usually be a raffle during the evening where you will get the chance to win Ann Summ