Wednesday, May 6, 2020

Child Justice And Criminal Evidence Act - 3284 Words

Since the 1970s, the plight of victims in the criminal justice system has become of significant interest and now plays a prominent role in the construction of domestic and international laws. In particular, in 1999, the Youth Justice and Criminal Evidence Act (YJCEA hereafter) radically transformed the traditional adversarial trial model for receiving evidence from vulnerable and child witnesses by advocating a panoply of special measures to be utilised during criminal court proceedings. The purpose of such measures is to enhance the quality of children’s testimony through the use of screens to block the view of the perpetrator (s.23), the removal of wigs and gowns (s.26), help of intermediaries (s.29) and the use of video links to give evidence (s.21). Most significantly, following the recommendations in the 1989 report of the Home Office Advisory Group on video evidence - the Pigot Report , s. 27 and 28 YJCEA made provisions for pre-recorded cross-examination-in-chief and p re-recorded cross-examination respectively. After all, the cross-examination of a child who is a victim of a crime, particularly a sexual crime, is arguably one of the most challenging courtroom ordeals. However, s. 28 of the YJCEA has never been brought into force and still remains to be â€Å"the most controversial of all† measures within the 1999 Act (Hoyano Keenan, 2010). As a result, although children may be given the opportunity to pre-record the first part of their evidence, they must stillShow MoreRelatedThe Doctrinal Design Has Been Used To Study The Jurisprudential1425 Words   |  6 Pagesjurisprudential development in the areas of child witnesses, the reliability and admissibility problems of child witnesses. 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Just as the name states, the problemRead MoreLegal Studies Assess the effectiveness of the Criminal Justice System in dealing with young offenders.1452 Words   |  6 Pagesï » ¿Assess the effectiveness of the Criminal Justice System in dealing with young offenders. There are a few common reasons for young people to be involved in crime. These include poor parental supervision, drug and alcohol abuse, neglect and abuse, homelessness, negative peer associations and difficulties in school and employment. The criminal justice system effectively deals with young offenders through unique techniques to address the challenges of dealing with juvenile offending. Even thoughRead MoreBlacks : The Toys Of Police Officers1160 Words   |  5 Pages Blacks: The Toys of Police Officers Justice is defined as rules that should be applied regardless of your race, ethnicity, and religion. The criminal justice system has always been harsh and unfair toward Black people. Even though slavery was abolished, Black people are seen as the lowest race in the U.S which is totally abnormal. A lot of Black People were killed, but Justice has been mute and blind against Black people. Black Americans cannot walk freely in the streets without fearingRead MoreComputer Access and Information Storage1730 Words   |  7 Pagesin both criminal and civil proceedings. â€Æ' What legislation exists in Ireland to handle computer crime? Ireland does not have exclusive law that would deal with computer crime as such, but has two laws that can handle computer crimes. Criminal Damage Act 1991 (the â€Å"1991 Act†) deals with principal offences in section 2 and section 5 while Criminal Justice (Theft and Fraud Offences) Act, 2001 (the â€Å"2001 Act†) covers computer related offences in section 9 and section 48. Criminal Damage Act 1991 SectionRead MoreThe Juvenile Justice System For Juveniles1397 Words   |  6 PagesEarly in U.S. history, children who broke the law were treated the same as adult criminals. If you are a young person under the age of 18 and you commit a crime, you will have your case heard in the juvenile justice system. The thing is that, it hasn’t always gone that way. The idea of a separate justice system for juveniles is just over one hundred years old (American Bar). Where did juvenile justice come from? The law was in the image of the common law of England. William Blackstone, Blackstone’sRead MoreThe Death Penalty Is Discriminatory And Does Not Do Anything About Crime1147 Words   |  5 Pagesdoing this, life without parole not only gives the criminal time to ponder on what they did, but also restrict them from entering the outside world again. In addition, the criminal experiences the pain and torment they put their victim through. However, the criminal justice system seeks o ut their own justice based off the criminal background, race, gender, and sometimes age. The definition of the word CHANGE, does not really exist in the criminal justice system, but the word PAST has a huge impact on

Tuesday, May 5, 2020

Corporate Governance and Ethics 200 Company Lists

Question: Discuss about the Corporate Governance and Ethics for 200 Company Lists. Answer: Introduction Lack of gender diversity within the business environment of each of the 200 companys lists in Australia Stock Exchange has been related to poor talent management. The data suggest that more and more number of female students is dominating in the field of accounting, law and economics comprising of 53%, 60% and 62% respectively (DiPrete and Buchmann 2013). Considering the number of female graduates from the Australian Universities, the scenario looks like a complete waste of talent in the workplace. BHP Billiton is a mining, metals and Petroleum Company based in Australia. The BHP is required to manage its talent in order to outperform its competitors in the market (Maiden 2016). The target being set by AICD is to meet the target of having at least 30% female employees within the workplace by the end of the year 2018. The project aims at identifying the gender inequality issues as dominated in the workplace of the company such that to provide appropriate recommendation for resolving t he same. Key Issues BHP Billiton has been experiencing the issue of gender inequality in its business culture. This has been influencing the business performance of the company in the long run (Maiden 2016). In addition, the AICD (Australian Institute of Company Directors) target of resolving the issue by the end of 2018 has reflected on the managers of the BHP Billiton to identify the various issues related to the gender inequality as it has been facing in its business environment. Lack of leadership As that majority of the senior roles in the organization are held by men, there is a lack of support and sponsorship of the female employees in the workplace. Moreover, the management is also not aligned with the leadership values such that to support for the cause to meet up with the AICD target of having at least 30% female employees within the workplace by the end of the year 2018 (Du Plessis et al, 2012). Lack of appropriate recruitment policies The company has been recruiting candidates through the trade channels which are not enabling it to reach to a wider audience for providing an equal opportunity for both the genders to apply for a particular job vacancy. Considering the number of female graduates from the Australian Universities, the scenario seems to be a complete waste of talent in the workplace. Lack of policies and programs The company is lacking an appropriate development programs and policies that could help in enhancing the skills and knowledge at workplace. Moreover, due to the dominance of gender inequality in the work culture, the relationship among the members in the team is not strong. Thus, the company is also lacking an appropriate communication with its employees that could have helped in spreading awareness about the significance of gender equality at workplace. The BHP Billiton Company is also in need of the right mentor as it is required to undergo some changes in the gender diversification sector (Karena 2014). Lack of flexible work arrangements The company is currently incapable of providing flexible working environment within its business culture owing to the lack of policies within its business environment. As the company is working hard to improve on its business processes, it requires the employees to work alike. This has caused the employees not able to manage the work life balance while working in the company. Recommendation Lead by example In order to see more talented women in the leadership and leadership roles, the male leaders in the organization should be acting as the role models. It should be noted that majority of the senior roles in the organizations in Australia are held by men (Karena 2014). Thus, the support and sponsorship of the female employees are to be provided by these male leaders. In addition, the middle management is also required to be aligned with the leadership values. Implementing appropriate recruitment policy The company should be implementing the recruitment not only through the trade channels but also through the wider and go through channels. The company should be hiring the employees from the graduate programs. The company should be implementing quotas for the recruiters to hire equal number of men and women. Development programs The company should be developing programs for enhancing the skills and knowledge at workplace. The programs should be grooming the potential women employees for enabling them to take on the senior roles in the work place. It should be noted that, the implementation of the programs and policies would be pointless if the relationship among the members in a team is not strong. Thus, the primary objective of the company would be to facilitate the communication process by the commencement of frequent meetings, minutes, debates and discussions. It should also be noted that, though the program is for supporting the women employees in the workplace, it does not imply that men should not involve in the conversation process. In fact, the entire team is required to be engaged in the communication process. Mentorship program The BHP Billiton Company is required to implement proper mentorship program within its work culture. However, they are required to be more cautious with the selection of the right mentor as the company is required to undergo some changes in the gender diversification sector. The managers of BHP Billiton are required to implement shadowing program within its workplace. This program would require an employee to follow a particular member if they like to be in the post of the latter in the future (Karena 2014). Flexible work arrangements The company should be allowing flexible working environment within its business culture. The company should be implementing separate policies for the primary and part time job seekers (Karena 2014). They should be providing flexible work time and arrangements for the employees even if they need to work hard to convince some clients. Reasoning Leading by example The senior leaders of the organization, playing as the roe, models would be helping in setting upon an example by inspiring the positive changes in order to help the women to maintain the work life balance. Implementing recruitment policy The recruitment of candidates from a wider and go through channels would be helping in reaching to more women candidates than by recruiting through the technical trade channels. Moreover, the hiring of candidates from the graduate programs would be helping in hiring equal number of men and women in the resource pool of the company. Implementing the development programs The implementation of the development programs could be helpful in developing the knowledge and skills in women in the workplace. This enhancement program would be enabling the women employees to compete with the male employees working in the business environment. Mentorship program The implementation of the mentorship program would be helping the employees to enhance their performance and standards such that they could perform at their optimal level in the workplace (Hu et al. 2014). In addition, the shadowing program would be enabling an individuals to follow a specific employee whose position the individual is anticipating to take in the future. Flexible work arrangements The implementation of the flexible work arrangements would be helping the employees especially women to schedule their time by looking after their respective family members and working at the same time. By implementing the flexible work time, the female employees would be helping in maintaining the work life balance. The policy would also be helpful in motivating the employees. Thus, the motivation in the employees would, in turn, raise the productivity of the company in the future. Conclusion The project aims at producing a report identifying the gender inequality issues as dominated in the workplace of the company being listed within the list of 200 companies in the Australia Stock Exchange. Gender inequality has been the main concern of the business environment of each of the 200 companys lists in Australia Stock Exchange has been related to poor talent management. BHP Billiton has been facing the same issue in its business environment which is hampering the company to utilize the full potential of the talent from its employees. The paper helped in identifying the various issues that could be related to the gender inequality in the company. The paper also illustrated about the various measures and strategies, the implementation of which would be helping the company in meeting the target of the ASX. The strategies would also be helping the company in managing the talent in order to outperform its competitors in the market. Part 2: Introduction A whistleblower is an employee, former or current member of a company, who reports the misconducts as present in the workplace environment, in public, whether or not being influenced by external stimuli (Lee 2016). BHP Billiton is a mining, metals and Petroleum Company based in Australia which is currently lacking a best practice whistleblower policy within its workplace. This situation may cause some serious concerns for the potential investors to invest on the company. The project aims at identifying the issues that could be generated owing to the lack of an effective whistleblower policy as dominated in the workplace of the company such that to provide appropriate recommendation for resolving the same. Risks associated with investments in the company for not having best practice whistle blower policy Owing to the lack of effective whistleblower policies in the companies, it becomes very common for the whistleblowers to reveal the issues in the public. The whistleblowers have been doing it even though, they have to take costly actions which could lead them to lose their jobs for life. As for example, the whistleblowers at the Westfarmers revealed the unethical behavior in the accounts department. The case had tipped off the management related to the use of rebates from the suppliers in order to create an additional profit of $20 million USD in the process. The company saw the sacking of 7 people and the resignation of its CEO as a result of the whistle blowing (Adams 2016). Lack of reporting procedure BHP Billiton lacks an appropriate policy that could have enabled the employees share their concerns, suggestions, concerns or complaints with the supervisor. These supervisors are required to report the complaint about the suspected legal and ethical violations in writing to the compliance officer. Lack of appropriate procedure Retaliation process in the company is allowed against any board member, employees, volunteers and officers at the workplace (Bjrkelo 2013). This allows the encouragement of the whistle blowing in the workplace of the company. The company also lacks the implementation of strict actions that could be implied upon the individuals who have been violating the norms and standards in the workplace. Lack of mentorship program The implementation of the mentorship program would be helping in creating mass awareness in the employees to enhance their knowledge about the legal or illegal violations and their respective consequences. Confidentiality The company s also lacking an appropriate policy that could be guiding the individuals to submit the violations on a confidential basis such that to prevent the reports to get exposed in public These situations are the main concern for the potential investors to invest on the company as there is always a possibility of whistle blowing in the workplace owing to the lack of effective program and policies. Recommendation Best practice contemporary standard for whistleblower policy The contemporary standards for preventing the whist blowing policy should be implemented by the company. These contemporary standards are described below as: Complying with the Safety Quality Health Service Standards in Australia for accreditation (Shaw et al. 2013) Complying with the policies and best practice guidelines for the employees Consulting within the Health workforce Australia Participating in workshops and industry forums for the workers (Morales and Caraballo 2014) Best practice whistle blower policy for adoption Reporting responsibility The whistleblower policy would require BHP Billiton to enable and encourage the employees to raise concerns within the internal environment of the workplace. The board member, employees, volunteers and officers of the company should be allowed to report concerns related to the violations of any code of ethics or any rules or regulations governing the operations of the company. No retaliation Retaliation against any board member, employees, volunteers and officers of the company by an employee should be discouraged. The retaliation against any individual who has been reported to be violating the good faith should be subjected to strict actions that could lead up to the termination of the employment for the individual (Bjrkelo 2013). Reporting procedure The company should be implementing an open door policy and suggests that the employees share their concerns, suggestions, concerns or complaints with the supervisor. These supervisors are then required to report the complaint about the suspected legal and ethical violations in writing to the compliance officer. Compliance rules The compliance officer is responsible for making sure that all the complaints related to the illegal or unethical conduct as reported by the employees are investigated and solved (Richards et al. 2016). The compliance officer is also responsible for advising the board of Directress related to all the complaints and their resolution. Accounting matters The policy follows the notification of the concerns and complaints by the complacence officer to the finance committee regarding the auditing controls and corporate accounting practices (Wainberg and Perreault 2015). The compliance officer is responsible for notifying immediately about the concerns related to the accounting and auditing work such that to resolve the issues within the workplace. Acting in good faith The individual filling the written companies relating to a suspected or actual violation is required to act in a good faith. He should be having proper knowledge that the disclosure of the information would still indicate a violation. It would be a serious disciplinary offense if any of the allegations are found to be invalid or proved to be false. Confidentiality The policy implements the submission of the violations or suspected violations on the confidential basis. The reports of the violations are required to be kept confidential and should be consistent enough for the adequate conduction of investigation. Handling of the reports The compliance officer is required to notify the individual who has submitted a complaint. The officer should also acknowledge a receipt of the reported violation to the individual. On the basis of the warranty of investigating as provided by the compliance officer, the reports are required to be properly investigated filled by the implications of corrective actions that are required to be undertaken in order to solve the issues related to the violations in the workplace (Groninger 2012). Reasoning Reporting responsibility The whistleblower policy would allow the company to address and rectify the inappropriate actions and conduct if any. No retaliation It would be against the rules and values of the company to retaliate against an individual who reports any violation of law including the suspected fraud, compliant of discrimination, or violation of any regulation which helps in governing the operations of the company. Reporting procedure The reporting policy would be enabling the employees share their concerns, suggestions, concerns or compacts with the supervisors or the compliance officer who would be investigating on all the reported complaints. Compliance rules The compliance rule would follow that the compliance officer would be dealing with all the complaints being reported by the employees and to resolve the same. Accounting matters The notification policy requires the compare officer to notify the concerns related to the accounting and auditing process to the senior executives and managers such that to get an effective solution (Garch and Hume 2013). Acting in good faith The policy would be helping in creating awareness in the employees relating to the discipline which should be implemented within the workplace of the company. Confidentiality The policy would be guiding the individuals to submit the violations on a confidential basis such that to prevent the reports to get exposed in public. Handling the reported violations The reports are required to be properly investigated filled by the implications of corrective actions that are required to be undertaken in order to solve the issues related to the violations in the workplace. Conclusion The project aims at identifying the issues that could be generated owing to the lack of an effective whistleblower policy as dominated in the workplace in each of the 200 companies in the Australia Stock Exchange. As evident form the discussion illustrated above, whistleblowing has been a serious concern in the work culture of BHP Billiton. This situation may cause some serious concerns for the potential investors to invest on the company. Thus, the paper helped in identifying the various risks that the company might face owing to the lack of an effective whistleblowing policy. The lack of whistleblowing policy could render the company to be vulnerable to the risks that could deteriorate the reputation and recognition of the company in the market. Hence, the paper had illustrated some of the rules and regulations that the company needs to implement within its business culture to prevent any whistleblower to bring upon any dent on its reputation in the market. References Adams, M.A., 2016. Contemporary case studies in corporate governance failures. Governance Directions, 68(6), p.335. Bjrkelo, B., 2013. Workplace bullying after whistleblowing: future research and implications. Journal of Managerial Psychology, 28(3), pp.306-323. Garch, H. and Hume, D., 2013. IFRS 5, 50 IFRS 7, 63 IGARCH. See Integrated GARCH (IGARCH) income statement, modification of, 140-141 Income Tax Act (1961), 215. Studies in Accounting and Finance: Contemporary Issues and Debates, p.279. Groninger, K., 2012. Protecting the Public Trust: Implementing Accountability Measures in UK Museums. International Journal of the Inclusive Museum, 5(4). Lee, C., 2016. Workplace law: Whistleblower protection: Public interest disclosure by an employee. Proctor, The, 36(6), p.39. Morales, L.I.G. and Caraballo, J.N., 2014. The element of opportunity to commit fraud in nonprofit organizations that inform zero fundraising and administrative expenses. In Forum Empresarial (Vol. 19, No. 1). Richards, C., Reynolds, M.A. and Dillard, J., 2016. Governance and Reporting in a Complex Global Environment. Shaw, C.D., Braithwaite, J., Moldovan, M., Nicklin, W., Grgic, I., Fortune, T. and Whittaker, S., 2013. Profiling health-care accreditation organizations: an international survey. International journal for quality in health care, 25(3), pp.222-231. Wainberg, J. and Perreault, S., 2015. Whistleblowing in Audit Firms: Do Explicit Protections from Retaliation Activate Implicit Threats of Reprisal?. Behavioral Research in Accounting, 28(1), pp.83-93. DiPrete, T.A. and Buchmann, C., 2013. The rise of women: The growing gender gap in education and what it means for American schools. Russell Sage Foundation. Du Plessis, J.J., Saenger, I. and Foster, R., 2012. Board Diversity or Gender Diversity: Perspectives from Europe, Australia and South Africa. Deakin L. Rev., 17, p.207. Hu, C., Wang, S., Yang, C.C. and Wu, T.Y., 2014. When mentors feel supported: Relationships with mentoring functions and protgs' perceived organizational support. Journal of Organizational Behavior, 35(1), pp.22-37. Karena, C., 2014. Top five gender diversity policies that work. [online] The Sydney Morning Herald. Available at: https://www.smh.com.au/it-pro/expertise/top-five-gender-diversity-policies-that-work-20140328-zqo40.html [Accessed 8 Sep. 2016]. Maiden, M., 2016. BHP boss Andrew Mackenzie turns up the dial on gender diversity. [online] The Sydney Morning Herald. Available at: https://www.smh.com.au/business/comment-and-analysis/bhp-boss-andrew-mackenzie-turns-up-the-dial-on-gender-diversity-20151231-glxfkt.html [Accessed 8 Sep. 2016].

Wednesday, April 15, 2020

All That Glitters is NOT Gold essays

All That Glitters is NOT Gold essays There were several themes associated with the novel Great Expectations. One of the most fascinating themes dealt with "infatuation and how it compares to and relates to love" ("Infatuation"). Infatuation is basically an obsession, or extravagant affection towards a person (Webster, 667). There is really no definite reason behind their passion, therefore this feeling is often short in duration and indicative of faulty judgement (Webster, 667). The person doesn't know what these feelings mean, this is normally why they mistake it for love. Love, on the other hand, is an intense affectionate concern for another person (Webster, 772). It is a more selfless and settled feeling. You can compare the difference between love and infatuation with the cliche "All that glitters is not gold", the glitter illusion being infatuation and the gold being love, the real thing. As a person grows and experiences their feelings with many other people, the distinction between love and infatuation b ecomes more clear. This is because the person can compare feelings they have experienced in the past, with their present feelings. In Great Expectations we see how Pip's infatuation for Estella is "short in duration" (Webster, 667), as most infatuations are. Despite the fact that Estella is arrogant and rude, Pip is not only infatuated with her beauty and wealth, but also almost envies it. In fact the humiliation Estella puts Pip through, causes Pip to feel very lowly of himself and the way he has been brought up. This causes Pip's expectations to change from expecting to be Joe's blacksmith apprentice, to studying to become a gentlemen noticed and admired by Estella. As years pass, Estella continues to play with Pip's heart, and Pip continues to unconditionally have feelings for her. Later, Estella marries a man named Bently Drummle, only causing Pip to, yet again, confess his love to Estella. Estella tells Pip "I know what you mean as form o...

Thursday, March 12, 2020

Free Communication with Others Essay

Free Communication with Others Essay communication skills are adequately developed such that through them I am able to pass across meaningful and timely information to the people surrounding me. For instance, I am able to structure the information in a comprehensive manner by taking into account the context, age factor, and language familiarity. This enables me to purse a careful choice of words and proper tone so that the message I am passing across is received appropriately. I have significant trouble communicating with my church priest because of the need to match his tone and structure the message in such a manner he understands it correctly. I would like to change my inherent communication behavior in which I like passing across messages with hidden meanings and expect the people I am communicating with to understand me. Small Groups Communication My communication capabilities in small groups in impressive, since I am able to quickly analyze each individuals language level almost in instant. In addition, I am able to listen more carefully to each persons contribution to a talk. This enables me to structure my messages more appropriately. I tend to listen more than speaking in a small group situation. This is primarily because there is a domineering element coming from the need for each individual to make their contributions to the talk. My listening skills are adequately developed, since this gives me an adequate background of each individuals language level through analysis of word choice, tone, and articulation. I tend to listen more than talk in small groups, which is essentially not balanced. Moreover, I tend to disapprove my friends in small groups on ideas I do not agree with them. I would like to increase my ability to take into consideration each persons view before disputing. Public Speaking My public speaking skills are well developed with regard to word choice, articulation and use of proper tone to suit the context and gathering. The last time I gave a public presentation in front of others I felt uncomfortable because some members of the crowd appeared to put more scrutiny into my articulation as opposed to the message being passed across. However, my performance was excellent courtesy of the positive applause accorded to me. During public speaking I tend to incorporate jargons, which sometimes end up being misunderstood by some members of the gathering. Similarly, I tend to use complex colloquial expressions, which at times end up being misinterpreted by the audience. I would like to change these aspects to better my public speech delivery mechanisms.

Tuesday, February 25, 2020

The US Footwear Industry Essay Example | Topics and Well Written Essays - 750 words

The US Footwear Industry - Essay Example Comfort Shoes is trying to target health conscious customers of all ages and genders in order to develop a potential customer base. However, the organization is planning to implement an online business strategy in order to achieve potential competitive advantages. At the initial stage, it may face some difficulties in finding effective employees necessary for effective business operations. The case study will analyze the scenario and discuss the case problem to make the readers understand the purpose of the study. Overview/Analysis Several organizations are trying to capitalize on the potential business opportunities that are developed due to globalization and the technological revolution. Comfort Shoes is a newly developed organization. The organization is trying to implement advanced technology in its business processes in order to meet the satisfaction level of target customers. The online shopping facility can help the customers to reduce their consumption time. At the initial st age, it is quite hard for the organization to cope with the start-up challenges. It is not easy to grab the market share of existing leading organizations through this strategy. Comfort Shoes is trying to raise capital from venture investors through the help of their business plan. Setting up an effective and fast server for online marketing activities is quite important for an online retail organization. It is necessary for the organization to conduct an effective market survey in order to determine the growth of online retail marketing. The organization is planning to provide advertisements on several social media networking sites. It is another costly effort. On the other hand, several leading footwear organizations have adopted information technology in the business processes after achieving a significant growth rate and market share. Customer awareness is another key thing for the newly developed organization. It is only focusing on online activities rather than utilization of several kinds of promotional media. It is quite important for the organization to manage cost at the initial stage of the business process. In addition, the organization should think about the implementation of unique promotional strategies to attract target customers. Status Report The management of Comfort Shoes understood the risk of intense market competition and market saturation. They did some adjustments in their marketing strategies before the implementation of online marketing activities. The marketing managers of the organization suggested the managing director of the organization to organize an urgent meeting with the stakeholders regarding this issue. The marketing manager told that the organization should conduct a real-time primary market research to understand the market trend and customers. He proposed that some executives of the company should be assigned to conduct a market research activity through the sample survey method. A questionnaire should be distributed to the people of all ages. According to the instruction, the executives conducted a survey by distributing a prepared close-ended questionnaire (Appendix). After the completion of data collection, the organization reviewed the answers. 78% of total respondents shared that the organization should try to follow print media, digital media and online promotional strategies to enhance customer awareness. After getting the outcome, the stakeholders committed to help the organization for the promotional activities. Case Problem The managing director of Comfort Shoes was concerned before the sample survey process that the management team of the organization did not avail sufficient information to make a valid decision for the future business perspective. Demand for

Sunday, February 9, 2020

Critically evaluate the benefits and disadvantages of expansion via Essay

Critically evaluate the benefits and disadvantages of expansion via organic growth versus expansion via acquisition. using real - Essay Example This global business related news is encouraging in the context of financial downturn of the year 2008, still casting its shadow on the global growth of large businesses. Luypaert & Huyghebaert (2007) attempt a statistical analysis of the expansion via acquisition strategy becoming a trend, as in 2005 only, 29,585 acquisitions got materialised. Companies prefer to grow and expand through acquisitions rather than organically because it is the quicker way of growth relatively to internal growth as the aimed company is well positioned with its production, distribution and customer base. It also minimises the risk of investing for the increasing growth of the company. Otherwise also, expansion via acquisition could prove to be cost-efficient way out relatively to organic growth, especially when the replacement cost of assets is higher than the concurrent worth of the aimed assets. Another benefit of the expansion via acquisition is that in comparison to organic growth, it can be acquired by paying through the stock as well. It can be a way-out for companies facing cash-crunch or for those companies already deficient in debt power. Literature reveals that during flourishing stock market behaviour, bidding companies prefer to pay for the acquisition through stock. Irrespective of this fact, expansion via organic growth and via acquisitions is mutually inclusive investment decision for a firm; it can be an added advantage to choose any of the expansion methods rather than selecting a single alternative. Before taking a decision to go either for internal expansion or expansion via acquisition, thorough research needs to be made to gather industry impact and aggregate market variables for opting out external expansion. There might be the possibility that firm size may artificially hold the impact of industry concentration whereas the market-to-book ratio may reveal the comfort of bidding firms to reward aimed shareholders with stock if stock markets are flourishing. Ind ustry features are crucial factors like the potential for economies of scale, industry concentration, sales growth and deregulation, and aggregate market variables, like historical volume of merger and acquisition, stock prices, GDP growth and the output spread (Luypaert & Huyghebaert, 2007). In a mutually inclusive relationship between internal growth and expansion via acquisition for making investment, a company may opt for growth via expansion additionally to organic or internal growth. Financially sound companies with enough investment possibilities would prefer to practice both options of growth for leveraging from competitive advantage as early as possible. In case, firms face cash crunch, they might prefer an alternative of the two. Strategies for both kinds of growth options need not to be necessarily related. Statistical research on the connection between external and internal growth is limited with complicated outcomes. Hay and Liu, as cited by Luypaert & Huyghebaert (2007 ) evaluate M&A in the UK across 1971–1989 and find that M&A and organic expansion are supportive to each other. On the opposite side, Dickerson et al., as cited by Luypaert & Huyghebaert (2007), employing data on UK listed companies in manufacturing during 1948–1970 and 1975–1990, note that the connection between organic growth and the possibility of expansion through acquisition is surely negative, which underscores that these growth strategies are to be used alternatively (Luypaert & Huygh

Thursday, January 30, 2020

Pc vs Mac Essay Example for Free

Pc vs Mac Essay Which do you prefer? Many people are quick to choose a mac over a pc. But few take these variables into consideration. Pc’s run off a better, more reliant operating system, cheaper and better quality parts, and is compatible with a wide variety of software and games that the mac’s operating system cannot read. Before you chose read the essay, you might have a change of heart. Why might a person chose a pc over a mac and what kind of person does that make him? The Windows 7 operating system blows the mac’s operating system â€Å"Mountain Lion† out of the water. For starters the mac’s operating system is not as user friendly as its competitor Windows 7. Many people grew up with Windows and were taught how to work under that operating system. So the interface of Mountain Lion might seem counterintuitive. For example, the mac’s tricolor windows management buttons (red, yellow, and green) don’t work how you’d expect them to. When hitting the red button to close an application the application doesn’t actually close. It closes the window but the application is still running in the background taking up valuable space on your RAM. RAM stands for Random Access Memory and is one of the most important parts of your computer. The RAM’s main purpose is multitasking, the ability to run several programs and applications at a given time. So a user that is not familiar with the mac’s operating system would never know that their ability to multitask is hindered due to the unknowingly running application. Taking a look at another key component of the Windows 7 and Mountain Lion’s operating system is the dock and taskbar. The dock and taskbar is found at the bottom of the screen on both operating systems. Even the most ill-informed user knows what purpose the dock and task bar serves. The purpose is to launch applications easily and quickly. Both the dock and taskbar are customizable so the user can put whatever application or software that he/she uses most often. The Windows 7 taskbar and the mac’s dock are almost identical in appearances except for the size and positioning of the thumb nail shortcuts. In my opinion the mac’s dock is too cluttered and is hard to see what applications you currently have running on your computer. The Windows 7 taskbar is much more user friendly, clean and well organized; I have no problem seeing what I have running. The ability to multitask is very beneficial. Like I mentioned earlier RAM is a key component in what allows you to multitask. The more RAM you have and the better quality or speed of the RAM will determine how fast you can run application and how easily you can navigate them. RAM is very important in the ability to multitask but without the tools to do so RAM is pretty much useless. Think of it this way, the operating system is an outlet and the RAM is one of the many plugs. Each operating system comes with its own built in hot keys to activate shortcuts. A hot key is a combination of keys that provides quick access to a particular function. For example, Windows 7 Alt + Tab show you every application that is currently opened and gives you the option to switch between them. This allows for a very easy way to navigate between applications. Mac has a similar tool called mission control. Which with a hot key of your choosing let’s you view all of the applications that is currently opened. Windows 7 also has a feature that is extremely user friendly. It’s a feature that anybody that has used a pc or laptop running Windows 7 is familiar with. It’s called the snap feature. If the user wanted to view two applications or webpages at the same time he/she could just slap the application against the left or right side of the screen to resize it to fit exactly the left or right portion of your monitor. I personally use this feature all of the time when writing a paper that requires research. I have the application word taking up the right half of my monitor and whatever source I’m using for my research taking up the left half. This eliminates constantly having to switch between the two. The mac’s operating system does not have a feature like this. So in my opinion multitasking is much easier on Windows 7 rather than the mac’s Mountain Lion. As humans the number one contributing factor in what we buy is price and quality, â€Å"getting the most bang for your buck†. This is where pc’s shines. Mac’s are notorious for being extremely overpriced. The cost to quality of the product ratio is skewed in favor of the cost. But don’t take my word for it; let me give you an example. I looked up the cost of an iMac desktop computer and the specs of the computer off of Apple. com. I also looked up a random desktop computer running Windows 7 off of Dell. com and compared the two. The cost of the iMac is $1,300 and the specs are as follows; a 2. 7GHz quad core Intel core i5 processor, 8GB of 1600MHz RAM, and a 1 TB hard drive. The cost of the desktop off of Dell is $499. 99 and the specs are as follows; a 3. 2GHz quad core Intel core i5 processor, 8GB of 1600MHz RAM, and a 1 TB hard drive. Before I talk about the comparison ill briefly explain what the specs mean. The Intel i5 core is the processor that is on each computer and the GHz is how the speed of the processor is measured. The 1600MHz is the speed of the RAM that is on each computer. TB stands for Terabyte which is 1,000 GB or Gigabytes. So first let’s look at the similarities, both the iMac and desktop each have 8 gigs of 1600MHz RAM, a 1 TB hard drive, and they both have 4 cores. Now let’s look at where they differ. They both have the same brand of processor (Intel) and both are i5’s but the speeds are different. The iMac’s speed is 2. 7GHz compared to the desktops speed of 3. 2GHz, a difference of . 5 GHz. So after looking at the comparison as a whole both the iMac and Dell desktop are pretty similar except for the difference of the . 5GHz in favor of the desktop. So if both computers are pretty similar with the desktop being slightly better then why does the iMac cost $1,300 and the desktop cost $499. 99? It’s simple, because of the brand name. Apple can charge outrageous prices for an inferior product just because it has an apple on it and people will buy it, yet another reason why pc’s are better than mac’s. Also pc’s are cheaper because you can build your own! Unlike a mac you can build your own pc from scratch. You can buy every individual part including the tower and assemble it yourself. I’m sure you’re asking yourself, â€Å"Why would I want to build my computer when I could just buy it in one piece off the bat†? When buying the computer not assembled it’s much cheaper than buying it in one piece. When buying a computer fully assembled you’re paying for that luxury in labor costs. I myself have built my pc. I spend in total around $2500 on my pc and I bought each part individually. If I were to buy my computer fully assembled with the same parts and specs it would of cost me around $4500. So by spending a couple hours assembling the parts I saved $2000. There is no option in buying a mac in individual parts as it is too complex to build yourself without the assistance of machinery, yet another example on how pc’s are more user friendly than mac’s. Another reason to buy a pc over a mac is compatibility. For all those gamers out there a pc is for you! If you are a gamer than you probably know about steam if not let me explain. Steam is the biggest online retailer of pc games. They’re tens of thousands of games that are just a click away from being able to download and play. All of these games are only compatible for the Windows operating system. I’m sure there is similar websites for mac users but I guarantee that it won’t have even close to the selection that steam has. So if you’re a serious gamer there is no question, buy a pc. The result is the same if your look at the available apps you can download for each operating system. There are a decent number of apps available for Mountain Lion but there are thousands more on Windows. If you’re wondering why there is a much larger selection for Windows the answers simple, demand. The number of pc users far outweighs the number of mac users so this creates more demand to make games, software, and apps formatted for the Windows operating system. Sony Vegas is an example of a major piece of software that is only available Windows users and cannot be run on a mac. Now there are some downsides to having such a large amount of software, apps, games, and other downloadable content available to you. The downside is Windows users are much more susceptible to downloading a virus. It’s a good thing that Windows has advanced malware and virus protection such as Norton, Bitdefender, Kaspersky, and my personal favorite Avast. Those are just a few examples there are many more that will suite your needs. These virus protection programs will protect your computer from most if not all viruses. Throughout this essay I have expressed my opinion on whether to buy a pc or mac. I believe that the Windows operating system and pc is and forever will be superior to Mountain Lion and mac. I hope this essay will help people that are on the fence about buying a mac or pc. I hope this essay pushes you onto the correct side, the pc side! But that’s just my opinion, and many others. So which do you prefer?