The Financial Crisis Of 2008 Essay - 2553 Words

When you think of the 2008 financial crisis that affected not just the US economy, but the world as a whole, most average middle-class Americans won’t really know what triggered this economic disaster. Most will probably blame, and rightfully so, those large corporations on Wall Street. These corporations, which deal with insanely large amounts of money, will always be wary of their stocks decreasing. But they also know that 99% of the time, everything will go back to normal in the future. What they are not prepared for is economical collapses like we say in the year 2008. The financial crisis of 2008 can be compared to the stock market crash of 1929, the event responsible for the Great Depression. The financial crisis of 2008 can mainly be attributed to what would be the mortgage market collapse. The exposures for these large Wall Street corporations were too high, and when the bubble finally burst, trillions of dollars were lost. The company that lost the most: Lehman Brothe rs. For a company as large as Lehman Brothers was, one has to wonder how this could have possible occurred. Surely there were red flags along the way that could have prevented this, right? The answer is yes. The media reported on events that would have lead you to believe that trouble was coming for Lehman Brothers, but truth be told, no one really knew that it would result in the company ending up bankrupt. Everything from having a front row seat to watching another giant like Bear Stearns fail, toShow MoreRelatedThe Financial Crisis Of 20081384 Words   |  6 PagesThe turmoil in the financial markets also known as the financial crisis of 2008 was considered the worst financial crisis since the Great Depression. Many areas of the United States suffered. The housing market plummeted and as a result of that, many evictions occurred, as well as foreclosures and unemployment. Leading up to the financial crash, most of the money that was made by investors was based on people speculating on investments like real estate, stocks, debt buying, and complex investmentRead MoreThe Financial Crisis Of 20081747 Words   |  7 PagesThe economic crisis of 2008 was one for the ages, it changed the world of investing forever. That year, the stock market crashed, bank failures and the infamous wall street bailout that can all be traced back to the subprime mortgage crisis.. The 2008 economic crisis rocked the global economy for the worst, and to this day the United States is trying to recover from the impact that the crisis had. In order to understand why exactly the banks failed people have to understand the subprime mortgageRead MoreThe Financial Crisis Of 20081817 Words   |  8 PagesThe financial crisis of 2008 did not arise by chance. The meltdown was precipitated by systematic striping away of the New Deal era policies of bank regulation. Most notable of these deregulatory acts was that of the Gramm-Leach-Bliley Act of 1999. This bill repealed the legislation which held commercial banks and investment banks separate. As the beginning of the 21 century approached many bankers clamored for an end to the policy of the â€Å"firewall† between Investment and commercial banks. Gramm-Leach-BlileyRead MoreFinancial Crisis 20085972 Words   |  24 PagesCORPORATE FINANCE THE GLOBAL FINANCIAL CRISIS 2008 Group’s member:Nguyá »â€¦n NhÆ ° Nam (C)Phan Thu AnNguyá »â€¦n Thà ¹y DungHoà  ng Bà ¡ SÆ ¡nNgà ´ Thá »â€¹ à nh Tuyá º ¿tDate: 28/11/2014 | AbstractIn 2008 the world was fell into the worst financial crisis since the Great Depression of 1929-1933. Although this crisis has gone, however, its consequences for the economy of many countries is very serious, even now many nations are still struggling to escape difficulty. Just in a short period, the crisis originating from AmericaRead MoreThe Financial Crisis Of 2008 Essay2044 Words   |  9 PagesThe 2008 financial meltdown resulted in the most treacherous investment landscape observed since the great depression. The most notorious issue was the subprime mortgage crisis, which had a ripple effect felt through every market in the world. The banks, whose leverage rate should never have been higher than two times capitalization, surged as high as thirty to forty times market cap. With this level of exposure, any unforeseen market fluctuations could mean disaster. Lehman Brothers, the oldestRead MoreThe Financial Crisis Of 20081125 Words   |  5 PagesA mortgage meltdown and financial crisis of unbelievable magnitude was brewing and very few people, including politicians, the media, and the poor unsuspecting mortgage borrowers anticipated the ramifications that were about to occur. The financial crisis of 2008 was the worst financial crisis since the Great Depression; ultimately coalescing into the largest bankruptcies in world history--approximately 30 million people lost their jobs, trillions of dollars in wealth diminished, and millions ofRead MoreThe Financial Crisis Of 20081689 Words   |  7 PagesOur society seems to doing well since the financial crisis of 2008. The country is recovering from the Great Recession, unemployment is down and the global domestic product is up. People have jobs and are paying taxes. President Obama lowered our budget deficit and promised to make healthcare more available to all. On average, America is well on its way to recovery. But what about the people that slipped through the cracks of the financial stimulus pl an? These are the people that lost their jobsRead MoreThe Financial Crisis Of 20082083 Words   |  9 PagesEver since the economic virus called â€Å"negative interest rates† scattered over European and later Japanese banks, our economic system has been the most unstable since the financial crisis of 2008. The virus, negative interest rates, is a concept in which the central bank charges interest in borrowing money and holding an account. It was brought forth in efforts to increase economic growth by giving commercial banks a tax on the large amount of reserves they hold in the bank. In other words, commercialRead MoreFinancial Crisis of 20081794 Words   |  8 PagesThe Financial Crisis of 2008 was the worst financial crisis since the Great Depression, however a lot of American’s want tougher law of be enforced against executives and companies they think started the mess (Jost/Misconduct). Civil charges have been brought up against major banks for misleading invest ors, but a federal judge rejected a proposed settlement saying it was too lenient (Jost/Misconduct). The flood of subprime mortgages roiling the housing market in the U.S. is also causing the worldwideRead MoreThe Financial Crisis Of 20081946 Words   |  8 PagesThe world before the financial crisis of 2008 had stability. Iceland in 2000 was viewed as the perfect place to live and have your family grow. Iceland had clean energy, high standard of living, jobs, and low government debt. Iceland was a place were children played and parents laughed and enjoyed their life. Everyone lived well; Iceland was the role model of finance, until it all melted away. Iceland let giant corporations come into its territory and exploit its geothermal and hydroelectric resources

Leadership Is Special Characteristics Of Leadership

Leadership has special characteristics. Leadership has the ability to decide and do right things and help others to do the right things. Also, leadership has a future outlook in solving problems and has the ability to motivate its team to achieve the vision. In addition, leadership has the ability to planning and managing its team to implement the plan successfully. Management and leadership similar in terms of both: 1. Seeking to develop the organization. 2. Planning the programs 3. Having followers 4. Evaluating programs Management and leadership differ in terms of: 1. The manager administers, while the leader innovates. 2. The manager is a copy, while the leader is an original. 3. The manager relies on control, while the leader inspires trust. 4. The manager accepts reality, while the leader investigates it. Organizations need both managers and leaders to meet their goals and objectives for five reasons: 1. Managers responsible about supplying leaders about what workers have done that important for organizing and facilitating the work. 2. Leaders have the authority, and managers responsible about influence the team for work accomplishment. 3. Leaders develop strategies and managers transfer these strategies to teamwork in order to implementing. 4. Managers focus on short-range view in planning and leaders focus on long-range view in planning that it will help to both maintain and develop the organization. 5. Managers responsible about solving problems orShow MoreRelatedDifferent Views Of Innate Ability Of Leadership1255 Words   |  6 PagesWhat is leadership? Leadership has nothing to do with seniority, titles, personal attributes and leadership isn’t management. According to Peter Drucker (Forbes) â€Å"The only definition of a leader is someone who has followers.† and John Maxwell (Forbes) said â€Å"Leadership is influence – nothing more, nothing less.† But according to me Leadership is a process of social influence, which maximizes the efforts of others, towards the achievement of a goal. I will write this essay is to understand theRead MoreKey Characteristics Of Transformational Leadership1116 Words   |  5 PagesFurther characteristics of transformational leadership include concern for others, relationship building, communication, innovation, and other positive rapport building, leadership characteristics and values. Relationship building, communication strategies, and innovation have significant meaning for SAHC leadership who has the responsibility to form partnerships and coalitions to advance goals with workers. A leadership style that complements the values and principles of the individual leader andRead MoreTheories Of Leadership And Leadership974 Words   |  4 PagesTheories of Leadership Introduction It is true that leadership and leadership theories in general, are not scientifically precise in nature. For example, some may argue that going into an apprentice program have a higher level of task-relevance education and/or experience in the field you choose. A higher relevance than a degree in Liberal Arts. Thus, one must evaluate the apprentice program and accept the responsibility of doing the apprentice work. A degree in Liberal Arts scientifically, isRead MoreHuman Resources1359 Words   |  6 Pagesbased on: * –Personality * –Characteristics and Traits * –Values * Start with McGregor‘s Theory X and Theory Y Theory X: People dislike work, Must be forced to work, Must be directed amp; controlled, Managers must direct and control Theory Y: People work with pleasure, Are self-directed and internally motivated, Have creativity amp; want to learn, Managers support workers to reach goals –The job itself: Core Job Characteristics: skill variety, responsibility, etc. Read MoreFor Example, When You Start A New Project, You Will Probably1105 Words   |  5 Pageshave the leadership to understand others. Different leaders have different kinds of natural characteristics and give the consciousness of being either energetic, proud, angry, kindly, soft natured or emotional. However there is something wanted to be overcome by all as common characteristics of a leader. Each one of the leaders happens to be honoured with some unique idiosyncrasies, called as a special characteristic of a leader. We are presenting over here a few obvious characteristics needed toRead MoreA Framework For Building A Foundation Of Ethical Leadership978 Words   |  4 Pages In this book, author Robert Starratt provides a framework for building a foundation of ethical leadership based on responsibility, authenticity, and presence. Readers should understand that this book is not how to transform schools, but how to think about affecting change in our teachers, staff, and students. Author’s Background and Credentials Dr. Robert Starratt is a professor of education at Boston College. Before his current position, he had an extensive career as a teacher and principalRead MoreBiography Of George Nelson Mandela And Bill Gates And Abraham Lincoln1367 Words   |  6 Pages Mother Teresa, Winston Churchill, Nelson Mandela, Bill Gates and Abraham Lincoln initially come my mind. The impact of their distinct leadership styles continues to inspire people around the globe and has earned each of them undisputed leadership recognition. However, in the quiet shadows of these great leaders arises the name of another leader whose leadership influence has tremendously impacted my life over the span of twenty-two years and counting. The nature of this leader’s work consists ofRead MoreDifferent Types Of Leadership Styles1127 Words   |  5 PagesInfluence, goals, and people is what leadership has been built off of creating variations of different types of leadership traits and styles. Leadership is simply defined as the ability to impact people to obtain a certain goal or accomplishment. In any type of business or corporation, leadership is an overall activity that is only distinctive among people within an organization. Uncertainty is a variation that come with a leadership role. This variation makes a leader a quick thinker and valuesRead MoreLeaders Are Born Or Made?1062 Words   |  5 PagesThis paper will argue whether leaders are born or made. This will be done by discussing some relevant theories of leaderships such as the trait, situational and behavioural theories. It will also discuss the differences between leadership and management. Furthermore, the Contingency theories which are related to sources of power will be address as well. New development of situational theories will also be reviewed and discuss base on their strengths and weaknesses. Also relevant literatures whichRead MoreTrait Approach to Studing Leadership728 Words   |  3 PagesTrait Approach to Studyi ng Leadership Sheila Pounder LDR/531 May 30, 2012 John Healy Trait Approach to Studying Leadership The trait approach to studying leadership uses the assumption that some people are natural leaders with certain attributes that pertains to their personality, motives, values, and skills (Yuki, p. 13, 2010). The studies sort to identify what are the specific traits of leadership. Examples of some of the leadership traits the study found are high intelligence and action-oriented

Nike Analysis Essay - 1774 Words

Since being founded in 1962, Nike has grown from a small fledgling shoe retailer into a world-wide corporate giant. During its first year, sales for Nike were $8000, but as of November 30th, annual sales for Nike were over 12 billion dollars. (hoover) Although Nike already dominates the sporting world, there are many opportunities for growth. According to our research, key strategic challenges facing Nike are increased competition from Adidas with their technological shoe, the Adidas One, and a potentially fatal inability to enter a new growth market such as the extreme sports market. Our recommendations to help Nike confront these challenges consist of developing a product to remain competitive with Adidas, and also an aggressive move†¦show more content†¦The Nike shoe will include a processor chip that is sold separately. By using existing research and development personnel, Nike will not only show its loyalty to employees, but its superior technological capabilities. Inst ead of purchasing a new shoe at 250 dollars, customers can purchase a replacement pair for 75 dollars and move the chip to the new pair of shoes. Although the initial cost to the consumer will be slightly higher, we see the long run cost benefit to consumers being high enough to draw away a majority of the competition ¡Ã‚ ¯s market share. In order to create this shoe, Nike must implement the following actions. To begin with, funding to research and development must be increased to ensure that the technology employed in the chips and shoes will exceed that of Adidas. Next, Nike will need to allocate a certain amount of space in each of its main production plants in order to gear up for a mass rollout of the new product. Also, the product must be tested to ensure quality and safety. Another beneficial step is to offer a limited introduction of the product to a small test market to gauge customer satisfaction. The next step is to use Nike ¡Ã‚ ¯s strength in promotion to attract a t op track star to endorse the new running shoe. Nike must use their celebrity endorsement along with an aggressive advertising campaign comprised of television, radio,Show MoreRelatedBrand Analysis : Nike And Nike1300 Words   |  6 PagesBrand Analysis: a case study of NIKE Background of Nike: Nike Inc. is an American corporation that was founded in 1971 and extended its market to the globe. It is known as one of the largest supplier for sports-related products in worldwide. The company mainly focus on selling athletic shoes, sportswear and other sports-related products. In year 2014 its brand value was valued at 19 billion, making it the most valuable brand among all sports-related business. By the end of 2015, It had an incomeRead MoreNike : Business Analysis : Nike1484 Words   |  6 PagesNike Business Analysis Donny Otwell, Jasen Saavedra, Mohamed Takkouch Business 10 Mrs. Rochin December 5, 2016 Donny Otwell, Jasen Saavedra, Mohamed Takkouch Mrs. Rochin Bus 10 December 5, 2016 NIKE Although facing major competition throughout their history, Nike has been able to grow from a two-man team into a multibillion-dollar corporation in less than 40 years. Nike was started in 1971 after Phil Knight had done research with FormerRead MoreCompetitive Analysis Of Nike Vs. Nike1497 Words   |  6 PagesCompetitive Analysis The chief competitors to Nike are Adidas, Reebok, Under Armor and Puma and the minor competitors are ASICS and VANS. In accordance with Porter’s 5 Forces, Nike has faced competition by using different and distinct capabilities in marketing. One attribute to such capability is its value or benefit offered to its customers. The intensity of competition from its competitors is high for each firm competes in various key areas of business. For example, Adidas has loyal customers whoRead MoreNike s Financial Analysis : Nike2236 Words   |  9 Pages Nike’s Financial Analysis Katelynn Hill Cornerstone University â€Æ' Nike Financial Analysis On January 25th, 1964 a hand shake changed the world. It was on this day that a track athlete, Phil Knight, and his previous coach, Bill Bowerman, from the University of Oregon founded Blue Ribbon Sports. Blue Ribbon Sports operated under this name for roughly eight years, and then became known as the globally infamous, Nike. In 1972 the first line of Nike footwear debuted. The company was so successfulRead MoreNike Pestle Analysis1088 Words   |  5 Pages Nike is a US-based company that sells sports apparel for men, women, and children and is a major competitor in the industry, In this paper, we’ll be discussing Nike’s standings by using a PESTLE analysis, which looks at the political, economic, social, technological, legal, and environmental factors that affect an organization (A Pestle analysis, 2017). The first trend is political find this company in a similar arena as most corporations since the topic effect the management of the company andRead MoreNike, Inc. Case Analysis844 Words   |  4 PagesNIKE, Inc., is a company that was founded in by William Jay Bowerman and Philip H. Knight in 1964, and was originally called Blue Ribbon Sports, Inc. It’s name was changed to Nike, Inc. in 1971. It’s base of operation is located in Beaverton, Oregon. NIKE, Inc., is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities worldwide. Entirely owned Nike subsidiaries include ConverseRead MoreSwot Analysis Of Nike1819 Words   |  8 PagesNike (NKE) is a well-known clothing, footwear, and sporting equipment company based in the USA. The company develops a variety of products for a wide range of sporting activities which includes soccer, football, tenni s and basketball among many others. Nike’s involvement in sports is so well executed that it is difficult to turn on a sports channel and not see some type of Nike logo. Aside from its merchandise, the company also drives revenue growth through licensing agreements. Nike is alsoRead MoreMarketing Analysis Of Nike Inc.3315 Words   |  14 Pagesthe author highlights the marketing analysis of the leading athletic footwear, Nike Inc. Nike is headquartered in the United States. The author examines the marketing strategies of Nike with the help marketing models such as Ansoff Matrix and Boston Consulting Group Matrix. The author even focuses on the segmentation, targeting and positioning of the products, consumer behaviour towards Nike and conducts a PESTLE analysis. It gives a brief introduction of Nike conveying the foundation and formationRead MoreNike Analysis1985 Words   |  8 PagesCompany Evaluation Project Of Nike Corporation Submitted By: Steven Ritter May 10, 2007 Financial Analysis Description of Company History Nike Corporation has become one of the most competitive sports and fitness companies worldwide. Two runners, Bill Bowerman and Phil Knight, from a small town in Oregon embarked upon the business with a handshake agreement. The enterprise began in January of 1964 with the introduction of Blue Ribbon Sports. In 1966 the handshake betweenRead MoreSwot Analysis Of Nike1118 Words   |  5 PagesNike has under its portfolio, Nike Brand, Jordan Brand, Hurley and Converse. Nike allows customers to purchase its products and offerings from retail accounts throughout the world, retail stores, internet stores, through a mix of independent distributors and licensees across the world. NIKETOWNs are the largest stores among Nike. NIKETOWNs are premium stores that provide the consumer with the best brand experience. Each NIKETOWN storefront features at least six to seven Nike brand categories. This

Why Marijuana Should Be Legalized Essay - 1605 Words

Table of Contents I. Introduction to Cannabis II. The History of Marijuana III. The Prohibition IV. Economic Benefits of Legalizing Marijuana V. The Medical Benefits of Marijuana VI. Marijuana vs. Alcohol and Tobacco VII. Marijuana Stimulates Creativity and Brain Cell Growth VIII. Conclusion Should marijuana be legalized for recreational and medical purposes? Thesis: Since marijuana is not harshly dangerous to one’s health nor is it a hard narcotic, it should be legalized to promote a positive society. I. Introduction to Cannabis The legalization of marijuana would be a positive aspect in the American society. It has been scientifically proven that it isn’t truly a health risk, and is even less†¦show more content†¦IV. Economic Benefits of Legalizing Marijuana The Controlled Substances Act (CSA) places drugs according to its medical value, how harmful it is, and how addicting is can be. Schedule I is for the most dangerous drugs that can’t benefit a person medically whatsoever, which is the current classification of marijuana. The Budgetary Implications of Marijuana Prohibition by Jeffrey A. Miron, Visiting Professor of Economics, Department of Economics, Harvard University, which was published in June, 2005 concludes certain facts about marijuana. â€Å"Replacing marijuana prohibition with a system of legal regulation would save approximately $7.7 billion in government expenditures on prohibition enforcement, $2.4 billion at the federal level and $5.3 billion at the state and local levels. Revenue from taxation of marijuana sales would range from $2.4 billion per year if marijuana were taxed like ordinary consumer goods to $6.2 billion if it were taxed like alcohol or tobacco. â€Å" Just one years savings would cover the full cost of anti-terrorism port security measures required. Also, our government takes an excessive amount of money from our taxpayers for it; It’s been reported that enforcement of state and local marijuana laws annually costs US taxpayers an estimated $7.6 billion. The prohibition hasn’t given the intended results of people not associating with it. Total US marijuana arrests increased 165% during the 1990s. California alone savesShow MoreRelatedWhy Marijuana Should Be Legalized1014 Words   |  5 Pagesreason that marijuana should be legal is that there is no good reason for it not to be legal. Some people ask why should marijuana be legalized? but we should ask Why should marijuana be illegal? From a philosophical point of view, individuals deserve the right to make choices for themselves. The government only has a right to limit those choices if the individuals actions endanger someone else. This does not apply to marijuana , since the individual who chooses to use marijuana does so accordingRead MoreWhy Marijuana Should be Legalized1510 Words   |  7 Pages12 16 January 2015 Why Marijuana should be legalized Multiple studies have found that marijuana is less harmful than alcohol and tobacco yet somehow is still considered a schedule 1 drug along with other more extreme drugs such as heroin. Marijuana is the leaves and shredded flowers of hemp plant called Cannabis sativa which is usually a green or gray mixture. Marijuana can be not only smoked in the form a joint, blunt, bowl, bong, etc but can also be eaten. Uses of marijuana can be medically orRead MoreWhy Medical Marijuana Should Be Legalized1245 Words   |  5 PagesWhy Medical Marijuana should be legalized all over all the United States. In today’s society, debates regarding legalizing Medical Marijuana occur frequently. The discussions arise in almost every state. Both sides bring solid arguments; however, opponents of the approval are facing the fact, which is very hard to ignore. Medical Marijuana has proven to cure people with life-threatening diseases much more effectively than official treatments; to have second-to-none side effects; and to be aRead MoreWhy Marijuana Should be Legalized Essay622 Words   |  3 Pagesyears ago and perhaps even more than 12,000 years ago. It is considered by many to be one of the most resourceful crops on earth. It can be used for industrial, medical, and recreational purposes. Rather than waging war on marijuana users, this resourceful crop should be legalized and utilized. nbsp;nbsp;nbsp;nbsp;nbsp;The cannabis sativa plant produces more protein, oil, and fiber than any other plant on earth. In fact, it can be used to produce more than 5,000 textile products ranging from ropeRead MoreWhy Marijuana Should Be Legalized Essay883 Words   |  4 PagesWhy Marijuana Should Be Legalized Willie Nelson once said, â€Å"I think people need to be educated to the fact that marijuana is not a drug. Marijuana is an herb and a flower. God put it here. If He put it here and He wants it to grow, what gives the government the right to say that God is wrong?† Marijuana has been a plant for longer than any human has been alive. Civilizations have used marijuana for hundreds of years for hundreds of purposes. But ever since the 1970’s when growing or havingRead MoreEssay on Why Marijuana Should Not be Legalized1595 Words   |  7 PagesLegalization or decriminalization of marijuana is opposed by a vast majority of American’s and people around the world. Leaders in Marijuana prevention, education, treatment, and law enforcement adamantly oppose the substance, as do many political leaders. However, pro-drug advocacy groups, who support the use of illegal drugs, are making headlines. They are influencing decision making thru legislation and having a significant impact on the national policy debate here in the United States andRead MoreWhy Marijuana Should be Legalized Essay example1689 Words   |  7 PagesDebate on why Marijuana should be legalized Marijuana is a public name for an illegal substance (drug) produced from the Cannabis (Cannabis sativa) plant. It is also called weed, ganja, grass, kaya and pot. The drug has many chemical compounds and in particular, it has THC (delta-9-tetrahydrocannabinol) which is responsible for changing mind functions leading to alternations of cognition, mood, behavior, perception and consciousness. â€Å"It is the most widely used illicit substance in the world† (WorldRead MoreEssay about Why Marijuana Should Be Legalized1554 Words   |  7 Pageserroneous. Early in the 1900s, a surge of Mexicans immigrated to the U.S., and the marijuana they brought with them was quickly associated with them. In the 1930s, tensions between white Americans and Mexican immigrants were heightened due to the Great Depression, and the use of marijuana was ultimately prohibited for the general public in 1937 with the Marijuana Tax Act (Marijuana Timeline). By the 1960s, marijuana became a symbol of count erculture, and the government stopped any research involvedRead MoreLegalization of medical marijuana at the federal law Essay1653 Words   |  7 Pagesï » ¿ Why should marijuana be legalized? Marijuana can be argued for different reasons. In my case I will be arguing the medical purposes for legalizing marijuana. Marijuana has positive features, and how people prefer using marijuana. Marijuana helps individuals get through a variety of things that they suffer. Marijuana provides relief from pain, rather than other medications out there. Many individuals prefer marijuana over anything else to relax. An argument on why people using marijuana spendRead MoreLegalization Of Marijuan It Is A Criminal1470 Words   |  6 Pagesago, CNN the world s most recognized news station. They were showing a story about how medical marijuana helped a three years old girl, who was suffering from a several epilepsy. From the story, this three year old girl could have a hundreds of seizures within a day. However, one day his father, who was a retired military, he made a research and found a good testimonies about how a medical marijuana helped these men, chi ldren, and women with the same condition as his daughter. Therefore, he decided

The Value of Digital Privacy in an Information Technology Age Free Essays

Running head: The Value of Digital Privacy in an Information Technology Age 1 The Value of Digital Privacy in an Information Technology Age Tara Brooks Professor Bristow, J. D. Law, Ethics and Corporate Governance, LEG 500 4 May 2012 Abstract How many of us have paused during conversation in the past several years, suddenly aware that you might be eavesdropped on? Probably it was a phone conversation, although maybe it was an e-mail or instant-message exchange or a conversation in a public place. We will write a custom essay sample on The Value of Digital Privacy in an Information Technology Age or any similar topic only for you Order Now Maybe the topic was terrorism, or politics, or your church service. You pause suddenly, momentarily afraid that your words might be taken out of context, and then you laugh at your paranoia and go on. But your demeanor has changed, and your words are subtly altered. Privacy is a growing concern in the United States and around the world. As we increasingly use the Internet and the seemingly boundary less options for collecting, saving, sharing, and comparing information trigger consumer’s worries. Online practices of business and government agencies may present new ways to compromise privacy, and e-commerce and technologies that make a wide range of personal information available to anyone with a Web browser only begin to hint at the possibilities for inappropriate or unwarranted intrusion into our personal lives. Privacy is very important-especially on the Internet. It is amazing how many websites are designed to reveal private details about people—actually it is a little scary. In this paper, I will be discussing different topics on the value of digital privacy. Keywords: privacy, personal information, digital privacy . List and describe at least three (3) technologies that allow an individual to research citizens’ private data. The three technologies that allow an individual to research citizens’ private data are Bluetooth, GPS, and Google (Internet). The first technology I will discuss is Bluetooth. Bluetooth has several ways it can be hacked. Some way s are blue jacking, blue snarfing, and blue bugging. In blue jacking, someone might send unsolicited messages to the victim in the form of a business card or a mobile contact with a text that may look intimidating to read. In many cases, someone may also send sounds like a ring tone. The victim’s mobile could then be infiltrated and he/she might never know what has happened. Blue jacking messages can also be viewed as spam messages with emails. There have also been reports about people getting hacked by Trojan Horses which could mean a serious compromise. Blue snarfing is considered a serious compromise in the category of Bluetooth hacking especially if the information vulnerable, is quite critical, as such attacks can allow someone access to victim’s contact list, text messages, emails and even private photos and videos. In blue bugging, someone uses sophisticated attacks to gain control of victim’s mobile. It works just like Trojan horses, where someone can manipulate the user’s phone the way he/she desires by executing commands on the victim’s phone. The hacker could forward mobile calls from the victim’s mobile to his own device and can even manipulate the mobile to follow a Bluetooth headset instructions like; receive call, send messages etc. (Hubs by Hassam, 2011) The second technology is GPS. A GPS tracking unit enables you to determine the precise location of person, vehicle or other object. GPS (Global Positioning System) is the only functional system, which can record the position of an object at regular intervals. A GPS tracking unit is so helpful that it can store the recorded location data within the tracking unit. Satellite transmits signals that can be intercepted by GPS receivers to find the precise location of any object you are searching for. Aside from making driving easier, the on-board electronics revolution has given some people a new direction in their lives. Unfortunately, it could take them right into your bedroom or living room. These people are GPS thieves. When they steal your device, they sometimes get more than just an electronics item they can sell for $100 or more on the street. They get your home address. With the push of a button, one common navigational feature, the home setting, fully automates the process of directing you to your home — a convenience that burglars and stalkers are sure to appreciate. It’s enough to turn your free-floating anxiety about data theft into full-blown paranoia about home invasion. About two years ago, thieves stole a number of Acura cars from a corporation’s garage in Atlanta, and, in three cases, they used the GPS units in the cars to find and then burglarize employees’ homes. (Gary Thomas, â€Å"Thieves Target GPS Devices to Find Out Where You Live†, December 2009) The final technology is Google. Our class exchanged names with one another. We went to the lab to find information on the person that we were given. It is amazing and scary to see how much information can be discovered from Google. Some information is phone numbers, addresses, and where someone actually lives. I can simply type in the name of the person or business, preferably with quotation marks around the name, and if the phone number has been entered somewhere on the Web, than it will come up in my search results. I can also find all sorts of useful information with Google Maps, simply by typing in an address. In fact, I can use Google Maps to view an entire neighborhood. 2. Discuss the advantages and disadvantages of public access to this information, both for the researchers and those who are being â€Å"investigated. † One main advantage and disadvantage of blue tooth is that I am in Control: From a researcher’s view, I’m able to exchange data across my cell phone, I’m still have the ability to keep my information private. In order to make a transfer or allow someone to access the files on the phone, I would have to give them access by accepting or rejecting the request through my phone. As someone being investigated, I need to ensure if I have the Bluetooth feature enabled on the phone and not disabled while using it, others that I may not even know request to send me a file. Implementing security, even for these types of device pairings, can prevent an unauthorized user from using the headset. As someone that is â€Å"investigated†, I would definitely want to keep my information such as contacts, addresses and other information private and safe. Some of the advantages of GPS are that it can track lost items and it can track people. As a researcher, I realize that the crime rate keeps on increasing in every part of the world and a lot of highly valuable objects have been, and will, be stolen. It doesn’t matter how irrelevant you think an object or equipment is to others if it is something that is very expensive you should make sure you install a GPS tracking system on it. As a researcher, I can found my item or child quickly. Many phones have GPS capabilities that young children and teens may not know about; this is a great access if a child goes missing. As a person that is â€Å"investigated†, the disadvantage of GPS technology that can save lives can also provide a framework for invasion of privacy. According to the Electronic Frontier Foundation, locational privacy â€Å"is the ability of an individual to move in public space with the expectation that under normal circumstances their location will not be systematically and secretly recorded for later use. † (Peyton Brookes, Advantages ; Disadvantages of Mobile Tracking, 2012) As a researcher, information is probably the biggest advantage that Internet offers. Internet is a virtual treasure highway of information. Any kind of information on any topic under the sun is available on the Internet. The search engines like Google, Yahoo are at your service on the Internet. There is a huge amount of information available on the Internet for just about every subject known to man, ranging from government law and services, trade fairs and conferences, market information, new ideas and technical support, the list is endless. Also as a researcher, Internet has made life very convenient. With numerous online services I can now perform all my transactions online. I can book tickets for a movie, transfer funds, pay utility bills, taxes etc. , from my computer. Some travel websites even plan an Itinerary as per my preferences and take care of airline tickets, hotel reservations etc. As someone that is â€Å"investigated†, if I use the Internet for online banking, social networking or other services, I may risk a theft to my personal information such as name, address, credit card number etc. Evil people can access this information through unsecured connections or by planting software and then use my personal details for their benefit. Needless to say, this may land me in serious trouble. Google stores enormous amounts of data to power its Web search and advertising engines, and many privacy advocates have repeatedly raised concerns over the amount of personal information Google has the ability to access. 3. Determine what measures citizens can take to protect private information or information they do not want to be disclosed. Some measures that citizens can take to protect private information are use different passwords for every account. It is easy to use the same password for each account that you have, but it is not safe or wise. Hackers have tools specifically designed to crack into accounts. A strong password contains letters, numbers, different cases, and symbols. Another way, if you have old online accounts that are not being used, closes them. Hackers could use them to infiltrate your more important accounts. Get rid of them. If you can’t remember where you have old accounts search your email inbox with queries like â€Å"registered†, â€Å"confirm† or â€Å"your account† to find email records of old accounts. Another measure to do is go paperless. Bank and credit card statements can contain social security or account information. Check with these agencies to see if you can go paperless, and use a secure online portal for your transactions. . Discuss a federal law that grants the federal government the legal right to make private information on U. S. citizens available to the public, and whether or not you agree with this law. to fire for any reasons that are not unlawful, such as discrimination, etc. Since she did not obey company policies , she will be terminated. Human Resources will inform her if she will be receiving benefits or compensation from the company. 5. Determine whether there are â€Å"electronic privacy laws† that can prevent others from having access to â€Å"private information† as well as how effective they are. . . FEATURES- Internet – DNS Security 610 -8References Halbert, T. , Ingulli, E. (2012). Law ethics in the business environment (7th ed. ). Mason, OH: South-Western Cengage Learning http://autos. aol. com/article/gps-thief-home-invasion/ http://www. ehow. com/list_6068148_bluetooth-advantages-disadvantages. html#ixzz1u3e6jVDc http://hassam. hubpages. com/hub/Types-Of-Bluetooth-Hacks-And-Its-Security-Issues http://techgyo. com/index. php/3-major-advantages-gps-tracking-system/#ixzz1u44hGdujsOME How to cite The Value of Digital Privacy in an Information Technology Age, Essays

An essay on A Christmas Carol Example For Students

An essay on A Christmas Carol A Christmas Carol is a famous novel written by Charles Dickens, the most popular writer of the Victorian Era. The novel is based on a fictitious character named Ebenezer Scrooge, who is a grumpy, mean spirited money lender described by Dickens as ‘a tight fisted hand at the grindstone’. The story is set in the mid nineteenth century, and provides a detailed interpretation of life during these times. In this essay I will discuss how Dickens uses different language and writing techniques to provide the reader with a clear image of the nineteenth century. I will also compare the story to modern day life and explain in detail the relevance it has in today’s society. Dickens was born in Portsmouth in 1812 and was the second of eight children. They moved to London in 1822 where he educated himself. He took on basic jobs, eventually becoming a legal clerk in 1827. His ambitions grew when his father showed him a house, which inspired him to do well in life. He had always loved writing, so in 1831 he obtained a job as a journalist and wrote a book of stories called Pickwick Papers. Because Dickens was alive during the Victorian Era, he had a very good idea of what life was like, and used this to create a detailed description for the reader. In Stave Three, he describes the scene on Christmas morning, â€Å"scraping the snow from the pavement in front of their dwellings, and from the tops of their houses, whence it was mad delight to the boys to see it come plumping down into the road below, and splitting into artificial little snowstorms†. Dickens would probably have seen this sort of thing happening outside his window and described it in great detail to the reader. One of the most significant characters in the novel is Bob Cratchit, who is Scrooge’s clerk. Dickens uses the relationship between them to emphasise what work conditions were like in the 1800’s, what Scrooge’s attitude to life was and how he treated Bob Cratchit very poorly, giving him very little pay to support his family and Tiny Tim. The Cratchit’s’ traditional family dinner is used by Dickens to portray what the moral of Christmas should be. The ghost of Christmas Present takes Scrooge to the dinner as well and Dickens uses this to compare Scrooge’s attitude to the poor and the true moral of Christmas, which is to be satisfied with limited resources and be generous in spirit. This is exactly what the Cratchit’s do and Dickens presents them as an ordinary family, who only have a small goose to feed eight people. The family are all high in spirits, playing jokes and sharing the day’s events with each other, all while Scrooge is stood in the background with the spirit. The spirit is trying to teach Scrooge a lesson, by quoting what Scrooge said about the workhouses: â€Å"If they would rather die, they had better do it, and decrease the surplus population†. This is one of the main parts of the story where the spirit is telling Scrooge to change his ways, and teaching him how to do that. It made Scrooge realise that he had been a selfish man and seeing the large Cratchit family struggling to feed everyone made him want to improve Bob Cratchits’ work pay. When the charity men come to visit Scrooge at his workplace, they are pleasant, happy businessmen, and this contrasts well with Scrooge’s attitude of being a ‘covetous old sinner’. The men try to persuade Scrooge into helping the poor by explaining that many thousands of poor people are in need of ‘common necessaries’. Scrooge bluntly replies ‘Are there no prisons? ’ indicating that he considers poverty to be a crime. Next, Scrooge asks, ‘and the Union workhouses? .ud8a2fb8cb342218bf31e2cc78c856624 , .ud8a2fb8cb342218bf31e2cc78c856624 .postImageUrl , .ud8a2fb8cb342218bf31e2cc78c856624 .centered-text-area { min-height: 80px; position: relative; } .ud8a2fb8cb342218bf31e2cc78c856624 , .ud8a2fb8cb342218bf31e2cc78c856624:hover , .ud8a2fb8cb342218bf31e2cc78c856624:visited , .ud8a2fb8cb342218bf31e2cc78c856624:active { border:0!important; } .ud8a2fb8cb342218bf31e2cc78c856624 .clearfix:after { content: ""; display: table; clear: both; } .ud8a2fb8cb342218bf31e2cc78c856624 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud8a2fb8cb342218bf31e2cc78c856624:active , .ud8a2fb8cb342218bf31e2cc78c856624:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud8a2fb8cb342218bf31e2cc78c856624 .centered-text-area { width: 100%; position: relative ; } .ud8a2fb8cb342218bf31e2cc78c856624 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud8a2fb8cb342218bf31e2cc78c856624 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud8a2fb8cb342218bf31e2cc78c856624 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud8a2fb8cb342218bf31e2cc78c856624:hover .ctaButton { background-color: #34495E!important; } .ud8a2fb8cb342218bf31e2cc78c856624 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud8a2fb8cb342218bf31e2cc78c856624 .ud8a2fb8cb342218bf31e2cc78c856624-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud8a2fb8cb342218bf31e2cc78c856624:after { content: ""; display: block; clear: both; } READ: The dramatic devices Essay’ This shows that Scrooge thinks that everyone poor belongs in the workhouses. When the men ask for a donation, Scrooge instantly shouts ‘Nothing! ’ emphasising that he has no interest in donating any money. Dickens’ uses the charity men to get his personal view of poverty across to the reader and also to show that not all Victorians were selfish. However, Scrooge act as if he is careless, annoyed and doesn’t want to give to charity. Scrooge also believes that people should be punished for poverty. On Christmas night, the ghost presented Scrooge with a visual allegory of two children, a girl and a boy, who were from deep poverty and described by Dickens as ‘Yellow, meagre, ragged, scowling and wolfish’. The spirit explains that the children are not his, but Man’s and that the boy is Ignorance and the girl is Want. The spirit says that ‘Doom’ is on the boys’ forehead, unless the writing be erased, meaning that the end of society is near unless poverty is changed or erased. Dickens uses the children to explain how poverty is affecting the world and society and that there is still time to change things. The children send an emotional message to both the reader and Scrooge and this has a bigger impact than using adults who are poor. This can be compared to today in the fact that although social and living conditions have improved dramatically in the last century, but there is still a wide range between rich and poor and it is continuing to increase. Although poverty is shown throughout Christmas Carol, it is emphasised when the Ghost of Christmas Yet to Come is walking with Scrooge into an ‘obscure part of town, where Scrooge had never penetrated before’. Dickens uses long adjective lists to describe the unknown area in great detail with strong adjectives: ‘The ways were foul and narrow, the shops and houses wretched, the people half-naked, drunken, slipshod, ugly. Alleys and archways, like so many cesspools, disgorged their offenses of smell, and dirt, and life, upon the straggling streets; and the whole quarter reeked with crime, with filth, and misery. The use of powerful descriptions about the unknown place gives the reader a clear, detailed image of the scene and makes the reader think about how much has changed since Victorian times.

Audit for Ethical Professional Board- Free Samples to Students

Question: Discuss about theAuditfor Ethical Professional Board. Answer: APES deals with Code of ethics with professional accountants 1.Ernie Dengate have sold his accounting practice which consists of bookkeeping ,taxation and auditing. With the permissio he released all the working papers. But for others he was unable to take the permission. Jago took over all the working papers who bought the practice. An Existing Auditor is bound by confidentiality. Whether that Associate is permitted or required to deliberate the businesses of a client with a future accountant will be contingent on the nature of the appointment and on: (a) Whether the clients authorization is taken ; or (b) The legal or ethical supplies relating to such communications and revelation, which may differ by authority. Thus he cannot transfer all working papers without permissions. (Accounting professional Ethical professional Board , 2017). He will be liable under 210 Section. 2.Fred Nark an accountant provides services of tax and management advisoory services and also at the same time does audit for the same clients. Any auditr who is providing consultancy services or any type of services cannot audit for the same. It is simple the maker cannot be the checker. The auditor is liable of professional misconduct .Thus he will liable under Section 290. References Accounting professional Ethical professional Board (2017).AASB 110 [online] Available at: https://www.apesb.org.au/uploads/standards/apesb_standards/standard1.pdf [Accessed 9th April. 2017].[1] amount of the effecamot in future periods is not disclosed because estimating it is impracticable, an entity shall disclose that fact if the amount of the effect in future periods is not disclosed because estimating it is impracticable, an entity shall disclose that fact mount of the effect in future periods is not disclosed because estimating it is impracticable, an entity shall disclose that fact However, to the extent that a change in an accounting estimate gives rise to changes in assets and liabilities However, to the extent that a change in an accounting estimate gives rise to changes in assets and liabilities ever, to the extent that a change in an accounting estimate gives rise to changes in assets and liabilities