...In the article, “The Case Against Tipping” Michael Lewis argues that tipping in the marketplace is something that really disturbs him because he feels workers and waitresses try to make tipping mandatory and perceives the idea of tipping as an older concept, that doesn't fit into today's modern society. I agree with Michael Lewis that we shouldn’t have to tip the worker so he has more incentive to give the customers better service, that's their job and something they get paid for. A customer who fails to tip his waitress shouldn't get yelled at. The art of tipping is annoying. How much is too much? How much is too little? Many people don’t carry cash anymore. The very definition of tipping suggests it should be extra. It’s a reward, not a...
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...Shakia Gross Prof. Powell GE217 October 3, 2012 The Case Against Tipping Tipping is a sign of generosity. When you tip, you will feel good about yourself. Moreover, you’ll let the person of service; know they’ve done honest work. Tipping is giving someone money exchange for excellent service. Guests will a tip as common courtesy or just being nice. For example, a customer comes in for a cup of coffee that costs $1.00; and they leave a $6.00. Some customers will argue that tip automatically is unfair. For instance, you including gratuity on someone bill is said to be missing out on highest potential amount. In the argument of tipping, “Some consider it an optional act of kindness to express appreciation for good service.”(Tipping, pp.22) People believe that gratuities should be stored upon parties of eight or more. In this opinion, some business install gratuity; because you get guests that don’t leave a tip at all. Most likely, they didn’t have enough money or they are being cheap. “Tipping is an aristocratic conceit, “There you go my good man, buy your starving family a loaf of bread.” This situation right here is very insulting to individual. Giving someone a tip for service is all good for some, but bad for others. You shovel money at an individual like there not human, a sign of disrespect. Personally, not leaving a tip after someone service is an act of unappreciation. Guests or customers are not looking at the time spend. You give...
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...The case against tipping is an interesting point of view on the deep ingrained concept of tipping. The author talks about how it is something that instead of being viewed as a thank you for good service it is an expected payment for the service. He talks about how soon instead of it being on option when you finish a transaction it is turning into something that is mandatory and therefor a tax. It seems odd that your barista thinks that for grabbing you a muffin and pouring a drink that they should be owed something other than what the price on the register says, a service that has already been paid for by the employers. I feel that for certain tasks like making coffee or driving a cab should not be a tipping service, and should only be tipped when the service does go above and beyond what is expected by you during the transaction. Services like being a waitress or waiter, while essentially doing the same task, should be a tipping serves simply because that is what the job is based off of. They get paid less than minimum wage and are expected to earn tips with good service. But that is not how tipping works in a restaurant, the tip is so expected that with any form of service good or bad you are expected to tip. So rather than the servers job depending on their ability to be personable and serve well, and the tip be a thank you as a reflection of that, it is expected now that they can perform any type of service and the majority of people will still give the...
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...Roger McDaniels sat in front ACCT 436 ETHICS CASE STUDY Click Link Below To Buy: http://hwcampus.com/shop/roger-mcdaniels-sat-front/ 1. Identify and briefly discuss the key issue(s) in the case. The key issues in this case study are two. The first issue is whether Roger’s action of using Cambridge’s confidential information concerning their investment plans in Dugas Incorporation to divert the consequences of selling the supreme ownership and control rights to Cambridge is justifiable. Or, whether this action is possibly to be deemed as insider trading and/or tipping. According to the SEC, insider trading is whereby an employee without being authorized breaches the fiduciary duty and uses confidential information regarding the company’s stock which is not yet publicly declared to trade. Tipping is whereby an insider discloses such information intentionally to third parties, such as family and friend, and provides them with stock information so that they may be the first to benefit most before the stock is publicly declared (which is illegal). This two issues are not there as the secretary was not in any way whatsoever connected to Rogers and had sent those documents by mistake. We also do not find it as tipping and even the stock information concerning the prices is accessed by Rogers online. We can therefore find Roger’s actions under Regulation D qualifying as a sophisticated investor and accredited investor. Private placements under the SEC’s Regulation D aren’t...
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...Facts of the Case • Plaintiff sues Town of Clarkstown, N.Y. for flow control ordinance requiring all nonhazardous material to be deposited in local transfer station; thus infringing on the Commerce Clause of the U.S. Constitution. • The Commerce Clause is a grant of power to Congress that invalidates local laws that impose commercial barriers or discriminates against an article of commerce by reason of its origin or destination out of State. • The Defendant, Town of Clarkstown, N.Y., closed down its landfill and built a transfer station in order to comply with environmental regulations. A local private contractor was hired to build said transfer station, operate it for 5 years, after which the town would buy it for $1. The size of the facility was based on the amount of trash taken to the transfer station each year. The hauler of each waste was required to pay an $81 “tipping fee” for each ton of waste taken to the transfer station; this was done in order to repay the cost of the transfer station to the contractor. In order to ensure that the guaranteed yearly amount of trash was taken to the transfer station the town adopted the flow control ordinance, Local Law 1990, No. 9, which required all nonhazardous solid waste within the town to be deposited at the new transfer station. Local Law 9 also prohibited individual haulers from taking their trash to other transfer stations or landfill facilities because that would evade them from paying the $81 tipping fee. The...
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...ISSUES MANAGEMENT Crisis management, at its best, is crisis avoidance. Crisis avoidance involves excellent issues management. Introduction Cigarette smoking, global warming, the future of the rain forest, obesity, healthcare costs, DNA, intensive farming, child labour; these are just a few of the subjects that have influenced the way in which business operates over the past 30 years. Issues management practice is the “identification, monitoring, and analysis of trends in key publics’ opinions that can mature into public policy and regulatory or legislative constraint of the private sector” We will argue that the successful issues manager recognises when an issue had changed or has the power to change the context in which business operates; is able to pinpoint a specific threat or opportunity to a specific industry, company or product, in a specific part of the world at a specific point in time; and can execute a series of actions to do something about it while remaining vigilant for any shifts in interpretation that need new thinking. Issues Management: defining the field What is an Issue? It will come as no surprise to discover that there are many definitions of an issue. Chase and Jones describe an issue as “an unsettled matter which is ready for decision.” Others suggest that, in its basic form, an issue can be defined as a point of conflict between an organization and one or more of its audiences. A simple definition that we like to use is that an issue represents...
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...international system, rather arguing that classical realism, with elements of offensive realism, is what truly drives the international system, with states being the primary actors. While non-state actors (“NSA”) and transnational civil society is recognized as playing a part, it will be argued that it is ultimately the states that make the decisions. To this end the analysis will be from two different perspectives; the campaign against the anti-personnel landmines and the signing of the Ottawa treaty; and the rise of China despite ignoring “international norms” regarding human rights. Thus the analysis will be, first, an issue-based analysis and then an actor-based analysis. Landmines and the Ottawa Treaty Landmines have traditionally been used as an effective tool to prevent attacks by the enemy. Yet the downfall of having such a weapon in one’s arsenal is obvious, the weapon is indiscriminating; once set up it cannot and does not distinguish between soldier and civilian, thus leading to great civilian casualty and therefore seemingly going against the principles of just war . In the mid-nineties therefore there grew an increasingly large voice for the banning and destruction of the stockpiles of landmines that were kept by countries. This effort was largely led, and continues to be led, by the International Campaign to Ban Landmines , which is an NSA. In 1997, after several years of concentrated efforts, the Ottawa Treaty, or the Convention on the Prohibition of the...
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...Why has Nucor performed so well ? Mini-mill effect Low cost competitive strategy Organization structure : Superior human capital Decentralized & flat structure with autonomy to plant General managers without information system overload. HR policies for encouraging innovation & optimum productivity Tolerance to experimentation & willingness to take risk Approach to control : Information system : Weekly reports, Monthly reports, Meeting of all plant GM’s 3 times a year Metrics based Incentive plan based on nature of job Important aspects of Nucor’s overall approach to organization and control & their fit with the company’s strategic requirements? Strategy: Build facilities economically & operate productively Continuous innovation Delegation with information Max D:E of 30% Approach to organization structure : Superior human capital Decentralized & flat structure with autonomy to plant General managers without information system overload. HR policies for encouraging innovation & optimum productivity Tolerance to experimentation & willingness to take risk Approach to control : Information system : Weekly reports, Monthly reports, Meeting of all plant GM’s 3 times a year Metrics based Incentive plan based on nature of job Mechanisms to accumulate knowledge in individual plants A weekly report per plant sent to headquarters on the operations-related variables: A monthly report comparing actual to budgeted figures for sales revenue, costs, contribution...
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...CAN ONTARIO IMPROVE ITS INSIDER TRADING REGULATION AND ENFORCEMENT BY ADOPTING POLICIES USED IN THE USA? Prepared by Muhammad Bilal Amjad 2B Accounting and Financial Management ID 20429857 AFM 231: Business Law School of Accounting and Finance University of Waterloo Friday, August 9, 2013 Abstract The purpose of this paper is to present potential suggestions on how Canada (more specifically, Ontario) can improve its insider trading regulation and enforcement. In order to do so, this paper will compare the insider trading regulation and enforcement in Canada and the USA. It will examine whether or not Ontario should take from the methods used in the USA in order to strengthen its regulation and enforcement of insider trading. Ontario was chosen in particular because securities regulation in Canada falls under the jurisdiction of provincial governments, with Ontario being home to Canada’s largest securities market. Introduction Insider trading is a subject of great significance in security markets all across the globe. Not only does it violate securities law in Canada and many other countries, it is also seen as highly unethical. It applies not only to equity, but also to bond and option markets. Insider trading is deemed illegal primarily because it is contrary to the public trusts upon which security markets operates; it undermines investor confidence, and as a result, discourages investment (Dessaulles, 2013, p. 9). In addition, it is viewed as being immoral because...
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...| | a) As the company’s MLRO (see appendix) my assessment of the red flags that are apparent within this scenario prior to the call from the Royal Canadian Mounted Police (RCMP) are as follows:- Regardless of the further background checks undertaken by myself, the Bank should already have had cause for concern with this client. A major worry being the multi-jurisdictional aspect of the LLC business; registered in St.Luke but not incorporated there, the Head Office in Canada, business based in Belgium, clientele Canadian and U.S. based and using offshore jurisdictions around the world. There is no clear commercial rationale behind the reason for this which must be a major consideration when assessing client due diligence (CDD) as multi-jurisdictional structures are vulnerable for money laundering and terrorist financing. Concern is heightened further given that “95 per cent of its dealings involved legitimate money management in offshore jurisdictions around the world” and yet the company is registered for securities business in Canada. There is no precise understanding as to why this is and any account administrator picking up the file for the first time (or anytime) wouldn’t have a clear picture as to the exact nature of this business. The Financial Action Task Force (FATF) issued a paper (1) on the misuse of corporate vehicles...
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...The path of least resistance is a central part of the way that our minds are designed to take decisions forward, Beth Cullen Kerridge’s onset with art undertook a route governed by her personal experiences. “My father was a painter, and I always thought ‘no, I won't do that - I actually need money to live’ so I sort of fought against [art] for a long time. But as I grew older, I just couldn't help myself, I ended up at art college and studied painting.” Such is the case on the path of least resistance, we instantly categorise every situation we see based on our previous experiences. “But my paintings used to come out of the wall, and they started to evolve into sculpture. One day my painting tutor said “I think you're in the wrong department love!” Her passions unveiled themselves later unyieldingly as often is the case with all truths - her calling was sculpture: “I fought against it, but I couldn't help myself.” Her career unfolded successfully as a foundry assistant producing works for the likes of Paolozzi, Frink, and notably Anthony Caro. Hailed for his contribution to sculpture, Caro was often at his...
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...Insider Trading More Americans are involved in the stock market than ever before, investing for their retirement and hoping to achieve financial security. But, the stock market has been anything but secure over the years. In fact, after the Stock Market Crash of 1929, so many Americans lost money and confidence in the stock market that Congress passed specific securities laws to help protect investors and to prevent the abuses believed to have contributed to the collapse. The Securities Act of 1933 and Securities Exchange Act of 1934 were enacted by congress with the intent of protecting investors engaged in securities transactions and assuring public confidence in the integrity of the securities markets.1 The government also created the Securities and Exchange Commission (SEC) to protect the financial markets by enforcing the Securities Exchange Act.2 One of the most important issues covered by the Securities Exchange Act concerns illegal insider trading in which individuals sell or purchase investments based on privileged inside information. Illegal insider trading activities significantly harm the integrity and stability of the securities markets. Thus, it is critical for people to understand and adhere to the requirements set forth by the Securities Exchange Act to prevent illegal insider trading, and it is equally important for those individuals who break the law and engage in these prohibited activities to be prosecuted and punished accordingly. There are two forms...
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... an editor at Reason, begins her argument against exercising the franchise: In all of American history, a single vote has never determined the outcome of a presidential election... In a 2012 Economic Inquiry article, Columbia University political scientist Andrew Gelman, statistician Nate Silver, and University of California, Berkeley, economist Aaron Edlin use poll results from the 2008 election cycle to calculate that the chance of a randomly selected vote determining the outcome of a presidential election is about one in 60 million. In a couple of key states, the chance that a random vote will be decisive creeps closer to one in 10 million, which drags voters into the dubious company of people gunning for the Mega-Lotto jackpot. (emphasis added) There it is! Your vote doesn’t count. Don’t waste time watching debates, boning up on the issues, discussing politics with neighbours or friends, thinking critically about the future of your nation, dragging yourself to the polling site, pulling levers or punching chads. It is all a monumental waste of time, even if you live in Ohio. As Ms Mangu-Ward points out, staying home on election day might allow you to squeeze in “an extra hour of sleep”. And imagine how much more dozing you could enjoy if you gave up on politics completely. It’s true that some arguments in favour of voting border on the feeble and syrupy. Here is how an organisation called You’re the Youth sums up its case: The right to vote is a beautiful thing...
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...changed this idea that LGBTQ+ individuals should be hiding who they truly are in order to fulfill social standards and the federal policies that were once in place. The repeal of this act empowered LGBTQ+ individuals and influenced more positive progression in regards to LGBTQ+ rights. On February 23, 2011, just two months before the Arkansas Department of Human Services v. Cole case, the Obama Administration successfully decided that the Defense of Marriage Act was unconstitutional. The Defense of...
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...other hand, Lincecum has a higher winning percentage and sixteen more strikeouts than Halladay. Who to choose? Ten seconds left to decide. Nine, eight, seven…” These are the thoughts going through Aaron’s mind as he sits in front of his computer contemplating which of the two players is better to draft for his fantasy baseball team. If you have ever fanaticized about what it would be like to manage your own team of professional players and compete with your peers, fantasy sports is the hobby for you. Fantasy sports is a social epidemic that has been on the rise for many years and will continue to inflate for a long period of time. According to encyclopedian.com, a fantasy sport “is a game where fantasy owners build a team that competes against other fantasy owners based on the statistics generated by individual players or teams of a professional sport” (Truesdale). There is also the ability to trade, cut, and sign players, just like a real sports team owner. Some players who are very knowledgeable of the sport play for money, whereas some players like me play for fun on websites that host the game for free. Being part of the fantasy sports league motivated me to closely follow and watch how my drafted players perform. My knowledge of sports now is far greater than when I didn’t participate in fantasy sports. Watching sports news channels and discussing the latest updates with my brothers helped me to be able to manage my fantasy team well. During my free time, I would search...
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