...youth: cheating. Although the phrase “you’re a cheater” has a negative connotation to it, is it really wrong anymore? Some, like Wired journalist, Cevin Soling, say yes while others, like Professor say no, however, the truth can’t be brushed under the rug for much longer. I believe cheating is the largest infection of my generation and will have a horrible effect on the future generations to come. Every academic institution in America has very strict policy against cheating. Last year alone, 8,000 Chinese students were expelled from U.S. universities for poor academic performance and/or cheating (Qi). Robert...
Words: 1570 - Pages: 7
...eligible voters did not submit a ballot in the 2016 presidential election according to the U.S. Elections Project, which was conducted by Dr. Michael P. McDonald, a political scientist at the University of Florida. These eligible voters outnumbered those who casted a vote for Donald Trump and Hillary Clinton. Among those who did vote, the age group that had the lowest participation rate ranged from 18 to 29 years old. This lack of participation of young Americans place a strain on issues that affect the young population, such as allowing officials to ignore concerns involving student debt and funding for higher education. Young Americans have the power to voice their political, social, and economic opinions to make a difference, but they ignore the opportunity to act during election day due to two misconceptions: their vote does not matter and the election does not concern them. Today, I am going to explain how every vote matters, express the importance of voting, and...
Words: 782 - Pages: 4
...“It is not you; it’s me.” We are all guilty of using such reasoning once, twice or more when we can not yield the same romantic feeling. In the contrary, we blame others for the shortcoming when it comes to matters such as finance, education, or health. Recently we can’t help but hear some homeowners justifying their delinquency by saying that “it is not my fault that they gave me a loan that I can’t pay.” Better yet, any student will use this to justify their failing, “I got a bad grade because my teacher is impossible to please and he hates me.” And the best one that we all have heard of is, “I am fat because McDonald made me.” Why many of Americans not afraid to take full responsibility when it comes to tender loving emotions, but point their fingers straight toward to others when it comes to subjects that they can strategically plan and require self fulfilling actions? Many people will completely settle for the back seats when owning up to their failure. Collectively we have become a nation of people displaying irresponsible acts, consuming with entitlements and validating instant-gratifications. We have no one but ourselves to attribute to the demise of our own failure. We shaped our downfall by having lack of self-accountability, being unfamiliar with self-assessment and alien to self-discipline. What is an American Dream? Most Americans will define it as to own a big luxury house with a spacious back yard and a sizeable pool. American Dream sums up to...
Words: 1752 - Pages: 8
...inheritance. I used this money to secure an apartment. The entire sum was used up for the first month’s rent, deposit, and the application fee. From that time, mid-June, until the first part of August, I was supporting myself on my minimum-wage job at the nursery. I had no furniture or a bed. I was barely making it. I was feeling very distraught over the loss of my grandmother and problems my parents and brother were having. I felt all alone. The first part of August arrived and my rent was due. I did not have the full amount to pay it. This same week, I opened a checking account at Bank B. I intended to close my Bank A account because of a lack of ATMs, branches, and misunderstanding. As I said, my rent was due and I did not know how to meet it. On an impulse, I wrote the apartment manager a check for the amount due. I did not have the funds to cover it. I thought I could borrow it, but I could not. During the time I was trying to come up with the money, I wrote a check from my Bank B account to cover the rent check and put it into Bank A. I did not know it was illegal. I knew it was unethical, but I thought since the checks were made out to me that it wasn’t illegal. This went on for about a week—back and forth...
Words: 15238 - Pages: 61
...Working Capital Simulation: Managing Growth FIN/571 October 13, 2014 William Stokes Working Capital Simulation: Managing Growth The Corporate Finance course has helped me, as a student, gain intelligence to make informed decisions upon analyzing the details for Sunflower Nutraceuticals (SNC). These decisions will influence the company’s overall growth annually. In addition to various details of the SNC Company I have also made various decisions in each of the phases of SNC’s simulation which has an estimated values to figure out the results. This paper also explains how SNC’s decisions are influenced with regards to the working capital followed with the final step of evaluating the general affects associated with the limited access of financial mix. Sunflower Nutraceuticals (SNC) Background Sunflower Nutraceuticals is a privately owned company that is a wide distributor providing numerous dietary supplements for customers, distributors, and retailers (University of Phoenix, 2013). After starting the business in 2006 as an internet based company, SNC expanded operations into retail outlets as well as introducing some new private labeled products. Although SNC has the potential to grow into one of the major nutraceutical distributors in the industry, the company still struggles to break even. On more than one occasion SNC has been forced to exceed the company’s credit line of $1,000,000 to finance payroll and other operational needs. SNC has a somewhat restrictive...
Words: 1515 - Pages: 7
...time to introduce myself and discus how I wound up at Clemson. I have lived in the area my entire life, but I grew up a fan of South Carolina., It was always my dream to go to South Carolina and be a Gamecock. I guess life had other plans however and I ended up going to my rival school. High School: I went to Pendleton High School which is only about a fifteen-minute drive from Clemson. Throughout high school I was extremely involved with school activities, being a member of the BETA Club, National Honors Society, and, in particular, soccer and HOSA (Health Occupational Students of America). I was president of HOSA all for three years...
Words: 1293 - Pages: 6
...How Technology and Automation Affect Employment, the Economy, and You By Cody Ferenchak March 16th 2015 Automation is definitely a topic of concern in almost all of today’s industries. Especially for those in the service industry. Automation is making the processes used in the product and service industry less labor intensive and more productive. Over the last three decades manufacturing companies in the industrialized world have seen what great change automation is bringing to the world in terms of production. Assembly lines in the automotive industry are faster than ever. Electronics such as the iPhone are being constructed in just minutes due to hands of automated robotics. Upgrading to automated technology is becoming more and more accepted. Companies are spending much time and resources on implementing the use of automated labor to cope with the increasing competition from non-industrialized countries whose production costs are much lower. Where there were once hundreds of thousand of laborers filling factories assembling the everyday technological, textile, and household products we use today; are now machines that require no hourly wage, only monthly to sometimes yearly maintenance, up-keep and energy costs. The world of industry we are currently living in has changed. From labor-intensive production, to capital-intensive automation. Not only are we focusing on the tangible side of production, also the many intangible service industries are experiencing change. There...
Words: 1636 - Pages: 7
...History of Philippine Cooperative Based on available sources, notably the Cooperative Development Authority, tracing the history of Philippine cooperative movement would not be complete without mentioning the name of Dr. Jose P. Rizal who, in his travels to Europe in the latter part of the 19th century, was impressed with the success of a new economic movement which transformed the economic and social life of the Europeans. After his side trip to Sandakan, Borneo in 1892, Rizal requested Governor General Despujol to allow him to move with some relatives and friends to that place and establish therein a colony under the cooperative production and marketing plan of Robert Owen, who is acknowledged as the father of world cooperation. Instead, he was arrested for treason and banished to Dapitan, Zamboanga del Norte. In Dapitan, Rizal had his ideas in cooperation partially fulfilled. He put up a school for the poor community on a purely cooperative basis. He also established a cooperative store with the help of his pupils. One noteworthy group organized by Rizal was the La Sociedad de los Abacaleros (Society of Abaca Producers). This functioned for only one year. Rizal returned the members share capital without any loss. Another name worthy to mention is Teodoro Sandiko, who in his travels in Europe, must have had a close contact with the cooperative movement in Germany where he came across with the Raiffeisen movement. He was very much impressed by this type of cooperative and...
Words: 4604 - Pages: 19
... Managing Growth Simulation Introduction The complete course has reveled us the great idea to influence our trends and intelligence while analyzing the entire details of Sunflower Nutraceuticals (SNC) company followed with all the decisions of the company which tends to increase their working capital and maximizing the overall organizational growth potentially with respect to time, as we have figured out the data and change in numbers below which reflects the growth annually. Moreover in addition to various details of the SNC firm we have also examined various decisions which took place in each of the phase of SNC’s simulation which has an estimated values to figure out the results, secondly the paper also describes how SNC’s decisions are influenced with respect to their working capital followed with the final step of evaluating the general affects associated with the limited access of financial mix. Sunflower Nutraceuticals (SNC) Background No wonder SNC is a privately owned Nutraceuticals company , more over one can say it is a wide distributor which provides all the vital dietary supplements such as herbs for women’s, vitamins, and minerals for all the consumers (mainly women’s), distributors and retailers. (Harvard Business School Publishing, 2012). Once the business was initiated after 2006, SNC expanded their operations and came up with various retail outlets in the nutraceutical industry and moreover has been successful while introducing their...
Words: 1739 - Pages: 7
...Research On Size of organization and its influence on adopting centralization in Nepalese Banks Submitted to: Prof. Subas KC Course Instructor, Organizational Theory Submitted by: Dipendra Karki (Roll No. 11605) Ganesh Bhattarai (Roll No. 11606) Pramila Ojha (Roll No. 11611) MPhil - II Term, Fall 2011, KUSOM June, 2012 Kathmandu, Nepal 1. Introduction Being one of the integral parts of the economic activities, banking sector plays vital role for the economic development of the country. American Institution of banking defines bank as “Corporation which accepts demand deposits subject to cheque’s and makes short term loans to business enterprises, regardless of the scope of its other services.” It deals in the process of channelizing the available resources in the needed sector. It is the intermediary between the deficit and surplus of financial resources. It pools the funds scattered in the economy and mobilizes them to the productive sector. According to Nigam (1967), the increase in capital has always been a sort of prime mover in the process of material growth and the rate of capital formation has been the principal variable in setting the overall pace of economic development. But these institutions inherent a large amount of risk, which cannot be, denied either. If a bank behaves irresponsibly, the costs borne by the economy are enormous. A large amount...
Words: 4533 - Pages: 19
...managers and employees using their own concepts of right and wrong. Managers sometimes pressure employees into questionable activities. However, business ethics becomes more transparent once an organization establishes codes of ethics, as well as compliance requirements and ethical leadership. The objective of this chapter is to provide some essential strategies for integrating business ethics into business courses. The authors examine the role of stakeholders, implications of the global financial crisis, and important issues in teaching business ethics, as well as providing resources to integrate business ethics successfully into a course. THE IMPORTANCE OF BUSINESS ETHICS Business courses provide an essential and dynamic foundation for students developing their business careers. Although it is important to teach many traditional concepts such as human resources and marketing, emphasizing emerging topics that are reshaping the changing world of business today, including business ethics, is crucial. Trust—or the lack of it—in business has become a major issue in our society. In fact, only 46% of consumers in the United States trust business to do what is right, according to the 2011 Edelman Trust Barometer. Trust of business is a global issue too, as only 48% of French consumers and 44% of U.K. consumers...
Words: 7020 - Pages: 29
...Report on Global Financial Crisis Discussions on psychological factors affecting People’s behaviors in the crisis and their motivations Qiang Sheng 9th May 2011 Financial Risk Management Lecturer: Bernd P. Leudecke Macquarie University Melbourne 4.1 Three areas of applications were reviewed and investigated: 1. The pricing of financial assets; 2. The portfolio choice and trading decisions of investors; 3. The behavior of firm managers; 4.2 A “Bubble” is an episode in which irrational thinking or a friction causes the price of an asset to rise to a level that is higher than it would be in the absence of the friction or the irrationality; and, moreover, the price level is such that a rational observer, armed with all available information, would forecast a low long-term return on the asset (Barberis, 2010). 4.3 Two categories of theories explaining “Bubble Formation” (Why an asset class might become overvalued): 1. “Investor Beliefs Based” theories; 2. “Investor Preferences Based” theories; 4.4 Three “Belief-Based” theories of “Bubble Formation” (Barberis, 2010): First theory argues that a bubble forms when investors disagree sharply about an asset’s future prospects and there are short-sale constraints. Second theory argues that bubbles arise because investors extrapolate past outcomes – returns, earnings growth, or default rates – too far into the future. Third theory is based on overconfidence – specifically, on the idea that people overestimate the precision...
Words: 4528 - Pages: 19
...pp. 983–1007 American Accounting Association DOI: 10.2308/iace-50497 Second Round Electronics: A Case for Critical Thinking Nathalie Johnstone, Brandy Mackintosh, and Fred Phillips ABSTRACT: This instructional case requires students to provide advice to a client who is currently the sole owner of a for-profit company that reconditions and sells used electronics. The client is considering purchasing a similar company with the vision of expanding into the sales and service of emerging technologies. The target company’s unaudited financial statements contain questionable accounting choices and judgments that appear to enable the company to meet external financial reporting constraints. In their role as financial advisers, students are expected to use critical thinking skills to identify and evaluate questionable choices in the target company’s financial statements. This case is suitable for use in introductory and intermediate financial accounting as well as introductory auditing and assurance courses, and can be used as a context for inclass discussion, as a basis for exam questions, and/or as a writing assignment. Assessment rubrics and Teaching Notes accompany the case for use by instructors. Keywords: financial accounting; policy choices; loan covenants; ratio analysis. THE CASE econd Round Electronics (SRE) is a privately owned company that reconditions and sells used consumer electronics. Its product offerings include home and car audio systems, televisions, and other...
Words: 11847 - Pages: 48
...June 2012 2 ACKNOWLEDGEMENT We would like to address our deepest gratitude to our supervisor – (Msc.) Mai Xuan Thuy, whose constructive comments and orientation from the initial to final phase has made it possible for our project to be both clearer and deeper in analysis. It is a pleasure to thank Prof. Marek Hudon, who made this research possible to be conducted in the most appropriate way. In fact, all the method of analysis applied in this project came from Prof. Marek‟s support and suggestion. Furthermore, he also gave us many useful and knowledgeable sources of data and information. This project would not have been possible without the sample‟s participation. Thus, we heartily send our regards to 15 users of TYM Hanoi and as well 7 loan officers. Lastly, we would like to acknowledge here the debt we owe to Ms. Pham Thi Thu Trang – International Relation Officer of TYM Hanoi, who helped us a lot about collecting the data of TYM as well as clear up several questions about TYM. 3 CONTENTS ABBREVIATIONS ........................................................................................................................ 4 TABLES AND FIGURES .............................................................................................................. 5 EXECUTIVE SUMMARY ............................................................................................................ 6 INTRODUCTION .................................................................................
Words: 21635 - Pages: 87
...the green initiative, it says the program is already saving money and resources, and it projects billions in savings over time.1 Ethics and Corporate Responsibility Hear the True Story of how today’s managers do the right thing. Listen to what Derrick and Elaine have to say. “Ethics are crucial in the property management business. We are obligated to abide by fair housing laws in our dayto-day operations. Not only do we have an obligation as a company but also a social obligation to make sure our vendors and contractors are aware of these practices.” “The very nature and mission of my project is that of social responsibility. We are trying to do our part to help out developing countries in a way that an agricultural library is best equipped to do. Good workplace ethics translates into a better product for our subscribers. The better I and my employees perform, the better our product and the most useful it is to the end users, thus furthering the idea of social responsibility.” — Elaine Guidero, Library Manager — Derrick Hawthorne, Property Manager bat37233_ch03_050-071.indd 50 11/11/09 11:01:08 AM Confirming Pages WHAT YOU NEED TO KNOW ●● learning OBJECTIVES After studying Chapter 3, you will be able to: LO1 LO2 Explain how...
Words: 15103 - Pages: 61
