Law, Governance, Regulation and Ethics Essay Example | Topics and Well Written Essays - 1000 words

Law, Governance, Regulation and Ethics - Essay Example The first issue raised in â€Å"Wall Street’ is based on the ethics which are broken throughout the film. The ethics that are associated with the movie include gathering confidential information about the stock market. This is done not only by obtaining illegal information but also includes breaking into offices and taking confidential information. This is first done by Gekko and is later followed by Fox with the desire to move up with his placement in the corporate world. The approach which is taken is one which is based on a combination of legalities and ethics. According to the law, there are requirements with confidentiality that are put into place. This is to protect businesses with privacy and from unfair deals which may occur without the companies knowledge. This is followed by private property rights which make it unconstitutional for an individual to take information. By breaking these ethical considerations, there is a break in both government and corporate regulati ons while harming others that are a part of the main process for obtaining information (Nelson, 2005: 3). The concept of ethics on a legal basis is important to note because it combines with individual behaviors, legalities and responsibility that is a part of the corporation. The work of Fox becomes important because he is a representative of the company which he works for. When he takes the private information through illegal information it causes him to be a representative of the company, leading to a direct overlap between ethics and corporate governance (Mullerat, 2010: 48). However, this becomes misunderstood as his actions lead him to a raise and as one of the best performers of the institute. More important, the response from the country which has gained prestige in the market is interested in hiring Fox after his sentence because of the work which he has done. The actions taken by the corporations reflect directly in the understanding of what it means to be legally responsi ble and to be honest and fair in different dealings. The actions taken with the main characters show that there isn’t an understanding of the ethical responsibilities of individuals as well as how this reflects in the corporation. The importance of the private interactions and the association with the ethical considerations with governance is important to note because of how it affects others who are a part of the company. This becomes the main battle that is associated with ethics. From the viewpoint of both Gekko and Fox, there is the belief that â€Å"greed is good.† However, there are also others who are harmed from this, including the reputation of the businesses, the customers who respond to the dealings and the others who have to pay for the information which is taken and the deals which follow. The concept of corporate citizenship becomes the main component with the actions taken. This states that an individual who is in a business is not only responsible for m aking money or representing the company. The information which is taken, actions which are violated and the unfair dealings reflect directly with the citizen relationships and how others are affected. The corporate governance is one which leads to individuals having a sense of responsibility toward the company, stakeholders, customers and others affiliated with the business. If the

Major causes of the 2008 stock market crash Essay

Major causes of the 2008 stock market crash - Essay Example Even though in numbers this was not as bad as the 22.6 percent loss that had been experienced on Black Monday in 1987, the opinion of the analysts was that this was worse since the losses were felt for the whole week and they did not come from a one-off down day. This was not the end of the experiencing of losses as in the week that started on 6 October; the Dow Jones had no other choice but to close down 5/5 trading sessions and in the process losing a further 18 percent in the same week. Later on, on 24 October the stock exchange indexes all over the globe experienced a drop of ten percent in one day. The prices of oil affected commercial activities in the United States by making things expensive and a lot of this was as a result of the speculation by the analysts in the future markets, but the demands that were legitimate resulted in the boom times and consequently the prices of oil progressively increased. The countries that have emerging markets such as China, Brazil, India as well as Russia created very huge demands for many commodities. The key factor that led to the stock markets crashing in 2008 was the subprime mortgage crisis that was being experienced in the United States since the companies were lending to people with who had bad credit ratings that would result in the people not being able to pay the loans adequately (Farmer 154). The banks in the United States were exposed to these loans, which led to their subsequent collapse since they were lending the money that they themselves had in their own banks. This greatly affected the debt to equity ratio of these banks and many of them ended up needing the help of the government to remain afloat. When many of the shareholders realized that their banks were at risk, they did not want their money invested in the shares of those banks and decided to sell the shares that they had causing a snowball effect at the stock market and this was the

Ford Motor Company Analysis Research Paper Example | Topics and Well Written Essays - 2000 words

Ford Motor Company Analysis - Research Paper Example The liquidity ratios calculated for the year 2010 and 2011 are shown in the table above. The calculations are on the excel spreadsheet attached. Liquidity ratios show the firm’s ability to settle short term liabilities out of the liquid cash. The type of liquidity ratios calculated include; current ratio and acid test ratio. The liquidity ratios must equal to 1 or more than 1. If it is 1.00 then it implies the short-term debts are fully settled with the liquid cash. If they are less than 1.00 then it shows that the available cash cannot settle the arising short term liabilities. From the calculations Ford Motor Company has a current ratio of 0.86 in 2010 which improved to 0.96 in 2011. Though there was an improvement in the current ratio, it is still less than one which shows the company’s dilemma in dealing with its short term debts. The available cash is not enough to settle the short term liabilities (Zane, Kane & Marcus, 2004). The acid test ratio as depicted from t he calculations is also worth of discussion. In both years the acid test ratio was less than 1 which might be detrimental to the Ford Motor Firm. Though an improvement was noted from 0.47 to 0.59, the ratio was still below the threshold.Activity ratios depict the degree of effectiveness of a company in using the resources available in a manner that can promote the growth of the company. The activity ratios derived above are total asset turnover. This is an indication that the assets of the company were not utilized.

Production and Operations Management Term Paper

Production and Operations Management - Term Paper Example Taking four days to reach Louisiana Offshore Oil Port (LOOP), it further takes 10 days to reach Marathons Robinson, Ill refinery which is processed into gasoline, diesel, fuel, and other petroleum products such as fuel oil, kerosene, asphalt, jet fuel, tolvene, xylene, and benzene within 8 days in Phase III. The refined products are later shipped to Marathon owned terminals in further 8 days after which are stored for six days before being transported to jobbers, dealers or other convenience stores which are further transported to brand stations of Marathon. It should be noted that refined products are stored at the terminals for three to six days before being transported to various centres (www.marathonpetroleum.com). According to video, it takes almost 35 days to offer oil products to Americans and this could be reduced further if the storage time is limited to few days or may even directly transport the products to jobbers, dealers, convenience stores and brand stations of Maratho n. Hence, Phase V could be improved to reduce the time for supply of oil fuels in the United States. 2) In order to understand the relationship between the retail price of gasoline and the world demand for crude oil, it is necessary apply the law of demand to the problem. According to the law demand, when price raises, the demand for the good falls and when the price falls, the demand rises (Mankiw and Taylor, 2006, p.65). This law is in complete contrast to oil product because it is the top prioritized good which runs the national and international economy. It is important to mention here that the United States imports 42 million gallons of gasoline every day in addition to the gasoline produced by U.S. refineries apart from importing crude oil in order to meet the high demand of gasoline. The world demand for crude oil is 87.7 million barrels per day while U.S alone requires 19.7 mmbd out of which 46 percent is used for the production of gasoline (www.marathonpetroleum.com). World demand for crude oil is increasing day by day and consumption of gasoline is increasing 0.5 to 0.10 percent each day. United States share of purchasing crude oil depends of the world demand because if world demand decreases the US can import more crude oil which will have positive effect on the market making the government possible to supply gasoline and meet the ever increasing demand. Otherwise, the price of gasoline will increase due to shortage of supply in US market and increasing world demand for crude oil. Thus there is a definite relationship between gasoline prices and world demand for crude as the decrease in latter will result in the decrease of prices in United States 3) Marathon delivers the products to jobbers, dealers and other convenient stores through various modes of transports. However, Marathon also operates its own convenience stores branded as ‘Speedway’. It is the wholly owned subsidiary of Marathon. Oil is a commodity which powers the internatio nal economy. Most of the organizations are dependent of refined oil products which make it more important for the companies dealing in oil products to formulate a strategy in advance citing future crisis of reduced global production of crude oil (www.marathonpetroleum.com). Marathon, which already operates chain of convenience stores, must design a strategy to attract customers without changing the prices even if the global production decreases. Fuel

Huge and digital strategy-case Essay Example | Topics and Well Written Essays - 1750 words

Huge and digital strategy-case - Essay Example Retainer relationships can maintain these specific preferences of HUGE. 2. Long-term profits through long-term relations. Retainer relationships can result to long-term profits because clients can eventually see HUGE as a strategic partner for their overall growth. HUGE can reap greater revenues, if it becomes integral to their client’s strategic directions. Furthermore, long-term client relations can soon become a core competence. If these companies also grow, such as geographically and/or through offering new products and services, HUGE’s business will also grow with them. Their clients’ successes become intertwined with HUGE’s, thereby providing limitless opportunities for national and global growth. 3. Advancement of general view of the business as transformational and strategic. If HUGE is embedded into other companies in long-term retaining relations, companies might realize that digital marketing is not merely a reinforcement of traditional marketin g efforts, but a superior marketing edge. Shapiro and his staff assert that: â€Å"†¦everything will be digital† (Casadesus-Masanell and Karvounis 7). ... 010 to 2016 2010 2013 2016 Social Media 988 2,760 4,995 E-Mail 1,328 1,875 2,468 Mobile 885 4,238 8,237 Display 9,347 16,085 27,600 Search 16,308 24,613 33,319 Source: Casadesus-Masanell and Karvounis (14) Disadvantages. 1. Demand for capabilities that are not part of HUGE’s core competencies. Despite the advantages of retainer relationships, HUGE does not have existing capabilities that long-term relations entail. For instance, retainer means engaging in traditional digital marketing activities, such as display advertising and search marketing. HUGE does not have the competencies yet for these marketing channels. 2. Not related to market expansion. Retainer relationships may extend revenues per client, but it does not automatically bring in new clients. It does not allow HUGE to tap new markets or to exploit existing ones. 3. Not supportive of business model. HUGE wants to be the one-stop digital marketing firm. If it caters to the same clients, it is not growing that much at all, unless the same market grows. HUGE is not opening itself to prevailing market demand for search and display marketing, in particular, which is a mounting marketing field opportunity. Geographic Expansion Advantages. 1. Taps new markets with the same transformative needs. HUGE can tap foreign markets that have similar transformative needs. It does not have to veer far away from its business practices because it can find large, challenging projects in other countries. Some of the potential locations are Japan, UK, Norway, and Denmark. These nations have high numbers of citizens who have bought something online and a large percentage of firms with websites (Casadesus-Masanell and Karvounis 19). 2. Expands markets in a geographical way. Geographic expansion can result to market expansion.

Clinical Phlebotomy Coursework Example | Topics and Well Written Essays - 1250 words

Clinical Phlebotomy - Coursework Example Collected blood is then mixed by inverting it several times and correctly labeled with the patient details. The patient is given small gauze to hold over the puncture site to arrest bleeding. Great care should be exercised when handling blood bank samples since errors in blood banking lead to undesirable transfusion reactions that can be life threatening. There is also a high likely hood of clerical errors occurring since it is a multistep process. This is because blood culture samples are time sensitive due to the nature of the infection. Specimens can only be of diagnostic value (yield positive results) when collected at a time the pathogens are in the peripheral circulation. It is at this time when the samples are ordered as STAT. Contaminated blood culture is when a positive blood culture is due to normal skin flora and not the causative pathogen. Contamination occurs during sample collection and inoculation of the sample in the culture media. This, process is to be done aseptically failure to which contamination occurs. In therapeutic drug monitoring a peak is the time point when the drug concentration is high, and it is the immediately after a dose has been administered. A trough on the other hand, is when the drug concentration is low at the end of the dosage interval. Blood samples for TDM are commonly collected during the trough phase. A fasting sample for OGTT must be collected to enable correct of the result. The test is done to confirm diabetes mellitus by determining patient’s tolerability to a standard dose of glucose given during the test. Non-fasting samples are likely to give false positive results due to pre-existing high blood glucose concentration following a meal( Medtexx Medical Corporation, 2007). I would flash the IV line on one of the arms with heparin solution to avoid thrombosis. I would then discard the first

Two artists research Clay Ketter and Jen Worden Paper

Two artists Clay Ketter and Jen Worden - Research Paper Example His most famous works include 90 by 90 cm Broom closet wall (2001); a mixed media on masonite and plaster board, 180 by 244 cm Spider Woods (2010); C-print photograph mounted on diasec and 110 by 110 cm Clear (1993); silicone, cloth on plasterboard. The scale of his works is close to but not completely life size which gives the observer a surrealistic perception. Human and social issues are important for Ketter and in his latest work these issues have become more and more evident. For instance in Gulf Coast Slabs (2007), photographic objects show traces of homes blown away by the hurricane Katrina that hit the American Gulf Coast in 2006. The aesthetics developed in this series lie somewhere between reality and abstraction. Even though Ketter’s work does not portrait humans, it revolves around the way human beings live, construct and deconstruct. Ketter has imprinted history on his art work. Jen Worden is a resident of Canada. Art has been her life-long obsession. Her works of art comprise of watercolour, pen and ink illustration, digital media, paper and bookmaking. Her current interest is in mixed media collage and assemblage. Although Jen’s initial training was in fine arts, she has worked in digital media for over ten years. Her inspiration comes from the beauty of nature; beauty which needs to be depicted and presented to the world. Worden’s favorite technique is creating textures; from gluing layers of paper to different mediums to attaching layers of metal to pick up textural highlights. The idea of working on something with one use and turning it into something with a new usage fascinates Jen and this is exactly what she has done in her mixed media works. Her work is influenced by the mentality of discovering new and creative uses of everyday material. Her mixed media work can surely be called a rebirthing process as it involves the retouching of older and uninspired canvases into something new and