An Accurate Reflection of the State of Corporate Crime Literature review

An Accurate Reflection of the State of Corporate Crime - Literature review Example On another level, given the absence of political control today, corporations serve to destroy the foundations of the civic community and the lives of people who reside in them. There are, of course, many different types of corporate crime. There is what is known as "corporate manslaughter", as when it involves a corporation causing a fatal disaster resulting in massive loss of lives. A good example of this would be the Union Carbide case of 1984. A more common type of corporate crime is one involving embezzlement by the directors of the corporation, resulting in prejudice to the minority shareholders and the public at large. In cases involving tax evasion, there is prejudice to the government as well. There is no dearth of examples of abuse of fiduciary duty by company directors. This paper will focus on the latter type of corporate crime, wherein fraud is perpetrated by directors wielding control over the corporation in a bid to earn a maximum profit at the expense of the other shareholders. The move to develop the notion of corporate governance and make it apply to corporate enterprises in the United Kingdom began in the late 1980s to the early 1990s, as a result of corporate scandals like Polly Peck and Maxwell. The idea of corporate governance is rooted in the idea of agency. Those who infuse capital into a business enterprise hire managers to run the business for them and see to its day to day affairs. The board of directors and institutional investors also play a role in the monitoring and control of firms. However, the relationships of these players - to each other and to the general public -- must not be left alone and unregulated. It is imperative that there be well-established rules for companies to follow as they navigate the course of the growth. (Demott, 1999.) In a company, virtually all policy-making is left in the hands of the Board of Directors or on the majority shareholders. The definition of the directions given in section 741(1) of the Companies Act 1985 'includes any person occupying the position of director by whatever name called. This definition can also be found in the Insolvency Act 1986 section 251 and the Company Directors Disqualification Act 1986 section 22, where it is extended to include shadow directors. While allowing directors to control business strategies has merit - for instance, decision-making is streamlined and businesses largely depend on the need to be able to respond to issues not only with soundness but also with dispatch -- some problems inevitably arise. Â  

Interview with a Barber Shop Owner Essays -- Business Management Inter

Have you ever wonder what it is like to be the owner of a barbershop? Well Raymond Jackson, owner and operator of Your Barbershop, is the one you should learn from. Not only do you get to work for yourself in this recession-resistant growth industry, you get to revive an American tradition while serving upscale clientele with your staff of professionally-trained employees, all with the support of the latest technology, proven operating philosophy, and an experienced management team at your disposal. In a two-hour interview, Mr. Jackson was asked a series of questions pertaining to his work atmosphere, personal goals, and personal thoughts about his establishment. This report will illustrate the necessities of running an established business. When asked, â€Å"What, in your own opinion, would make another successful in this position?† he said, â€Å"You need a lot of people skills.† He believes in order to run a barbershop; you need to be able to meet the needs of the customer. If the customer is not satisfied, you will lose their business. You must be patient. If not, the customer will not return for more service. It’s all about keeping the customer satisfied. This led him to the topic of supply and demand. Most of his profit is dependent on what the customer wants. For example, if the customers come in and want to purchase a bottle of water, you have to provide the water at their convenience. This will keep the customer satisfied and ensure their return for more business. Sometimes business gets slow. He feels the need to bring in more customers. To achieve this goal, he offers various incentives such as discounts. The discounts allow more people to come in and e... ... in its current state, and consumers directing more of their resources on fuel costs, have your business felt a slowdown? a. No, due to the fact that customers still tend to keep up their appearance 13. As a small business owner, how do you plan your budget for your business? a. By paying attention to the supply and demand of the customer i. He buys what is needed 14. What does your company do to retain existing customers? a. Consistency i. Keeping up with what the customers want 15. What is your number one source of new business and how do you get it? a. Siblings/families/friends i. Referrals ii. Growth of family 16. What is competition’s biggest advantage over you and how do you intend on fixing this problem? a. Advantage i. Technology 1. Computers 2. Accessories b. Intentions i. Add these things and more in the near future

Porter’s Model Approach for Rice Industry

Why should Vietnam develop rice production as its competitive advantage? Rice is one of the leading food crops in the world with 85% of its production accounted by human consumption (The Importance of Rice, 2011). Rice is also the most important crop to millions of small farmers who grow it on millions of hectares throughout the region, and to the many landless workers who derive income from working on these farms. In the future, it is imperative that rice production continue to grow at least as rapidly as the population, if not faster.The world’s annual rough rice production will have to increase markedly over the next 30 years to keep up with population growth and income-induced demand for food (The Importance of Rice, 2011). In Viet Nam, rice plays an important role in national food security and political stability. Rice also has a direct effect on social security because it is consumed by a vast majority of the total population and is an important source of income for more than 60 million people living in agriculture and rural areas. Rice is the country’s main crop, accounting for more than 90% of total cereal production.Since the 1990s, the volume of rice exports has risen dramatically, making Viet Nam the second largest rice exporter in the world. Nevertheless, serious food security concerns in the country remains. Pockets of poverty and malnutrition persist more in remote areas and among ethnic tribes (Asian Development Bank, 2012 p. 01). Average food per capital has been increased rapidly, but inequally among regions: In 2007, Mekong is 1,075 kg, South Central Coast 287 kg; the North West 217 kg and the Central Highland 174 kg (the variation between the Mekong and the Central Highland is 6. 17 times)(Nguyen Vu Hoan, 2010 p. 3). Furthermore, rice industry is critical in the Vietnamese’s sustainable economic environment. Rice export helps increase foreign currency inflows and capital accmulation for the industrialization modernization process of the country. Specifically, the increase in rice export volumn means a growth in national incomes, in turns, a growth in national GDP. Realizing rice’s significance and the various threats, the government does not only seek solution but also plays an important role in the international rice market, and consequently, in the food security of the international communityThe factorial determinants Land is the first and foremost production material in rice cultivation. The soil fertility dominates profoundly the intensiveness ability and production prices. According to a survey of the Agriculture Ministry, land area with agriculture capability is above 10 million hectares, in which 8. 5 million hectares are suitable for rice cultivation (The Necessity of Vietnam’s Rice Expor, 2011). Therefore, land resource in Viet Nam has advantages in both intensive and extensive farming.In addition, the climate is ideal for rice due to the combination of humidity and stormy wea ther. Also, the canal and river systems spread densely throughout the country, especially the three major rivers including Red, C? and Nine Dragons Rivers, which provide farmers with huge amount of water. These natural conditions helps create a solid foundation for rice industry in Viet Nam. The human resource is another factor contributing to rice production. 50% of national labour force participates in farming with broad knowledge and experience passed down by their ancestors (Asian Development Bank, 2012 p. 1). The Vietnamese culture has been attached deeply to rice cultivation; consequently, the people possessed various compatible skills with the particular weather conditions in Viet Nam. The amount of research and development carried out has been considerable. Many new rice varieties have been introduced offering much higher yield than the old ones. Besides, new production model has been applied and used successfully in boosting productivity, together with efficient irrigation system.Advanced drainage, aluminum, salt removal techniques are deployed to improve rice quality (Asian Development Bank, 2012 p. 02). Viet Nam is the country to have cheapest cost of production within South-East Asia, especially in Mekong Delta – cheapest in the world. This creates price competitiveness for Vietnamese rice in both domestic and foreign market (The Competitiveness of Agricultural Products in the Context of Joining AFTA, 2003). The infrastructure system is continually upgraded to help make use of every source efficiently.The Government is currently working with foreign countries especially Australia. The two nations are carrying on several projects on projects: build Cao Lanh Bridge; Mekong Delta infrastructure and Vietnam Rural Energy Distribution to provide efficient delivery of power service by power companies; also a Southern Coastal Corridor connecting between Viet Nam, Thailand and Cambodia. As soon as these instructions go into operation, many efforts ca n be made to exploit potential benefits that have not yet been seen (AusAid, 2013). The overnment also concerns about the educational and health level of people from rural areas. The systems of school at all levels are being constructed new, upgraded and temporary primitive schools and classes are being eliminated. Besides, rural health care system continues to be enhanced quite comprehensive, truly becomes the rural residents’ crucial initial health care system, growing both in terms of number of health stations, qualification of health service providers as well as the physical facilities. (Agricultural and Fishery Situation in Vietnam, 2011). The Demand ConditionsAs the Viet Nam’s economy has been growing, leading to higher living standards especially in big cities, the demand for consumption goods is rising including rice. Moreover, people get access to high quality rice both from foreign and domestic market. Therefore, a potential growth in demand for superior qual ity rice is obvious and people will turn to other rice exporters like Thailand if its rice quality is higher. However, domestic production can take over the rice market by producing high quality rice with lower prices based on new production model and continuous innovation in machinery and rice varieties.If the rice industry can successfully address this sophisticated demand, it can exploit profits from high-end market both domestically and internationally by producing much higher value-added rice. The Up and Downstream Industries The upstream industries supporting rice production include machinery, fertilizers and pesticides. The government realized the importance of these industries so it implemented policies to encourage investment on R&D and facilities. Vietnam has recently working on a project building a huge milling house with capacity of 100,000 tons per annum, in Mekong Delta region (Huynh Xu TTXVN, 2013).Also, the collaboration of many agriculture scientists and experts has resulted in eco-friendly fertilizers and pesticides using green recycled components, helping paddy field to grow more quickly. The packaging industry is in the downstream process in rice production. In order for the rice to be in the market, it must be packed properly first. An automatic packaging line is being used in many rice processing factories. The government does realize the benefit packaging could bring especially in marketing, value added function and brand perception. It is now encouraging competition among package production firms for a higher quality packaging.Rice manufacturers also cooperate with the packagers on their own packaging designs. The structure of the industry and its rivalry The economic units are mainly dominated by small-scaled farmers and there is significant land fragmentation. Theoretically, there is no competition among cooperatives. However, due to the fact that the whole rice production process is managed by Agriculture and Rural Development Minist ry and its regulations and standards put on the farmers to produce high quality rice, the Vietnamese rice competitiveness is considerable relative to other countries’.Moreover, the pressure to compete with other big rice exporter drives manufacturers to continuously upgrade their production model. The other contributing factors Chance Joining WTO provides several opportunities for rice exports. First, WTO is a big playing field offering a huge market including one for rice consumption as before Viet Nam became member of WTO; rice is limited in participating in global market. Besides, many enterprises have access to advanced technology in rice production.Secondly, a complete law system has been introduced in order to be able to join WTO, which encourages foreign investment funds since the other countries think Viet Nam has a m? e stable environment. Finally, there will be no unfairness in case of conflictions as the WTO’s commerce policy is applied to Vietnam ensuring o ur rights in international playground (Rice production situation after joining WTO, 2009). Wars are still big issues in many regions of the world and will continue to be. And food security is at stake in these particular areas. Vietnam’s rice export can become one of the major sources for food during instabilities.Government Policy The authorities also play a crucial role in influencing the nation’s competitive advantage. Regarding the supply side, Viet Nam’s Government has implemented multiple measures to boost production including decollectivism (xoa b? ch? nghia t? p th? ) transforming land and production materials to household system; agricultural R&D involving one third of the S&T government budget to support hybrid rice varieties for farmers; access to credit provided by Bank for Agriculture and Rural Development and favoured loan interest rate granted to farmers (Dang Kim Son, 2011).The government, being aware of rice industry’s significance, has b een putting huge investment and concern about this and will continue to do so In foreign trade, policy such as removing export quotas has encouraged foreign investors. Besides, control is still be made over export contract registration as well as conditions to rice export enterprises to ensure rice quality. In conclusion, the rice industry is promising due to several factors both from Porter’s model and from outside sources.The human, natural, knowledge resources are all favourable to rice production in the first place. Not to mention other factors namely demand, supporting industries, chances and government policy, these are essentially supporting the growth of rice industry though there are plenty of efforts to be made to exploit them. It is wise to take into consideration that making rice the nation’s competitive advantage. This does not only help the Viet Nam’s economical growth but also ensures its stability in far future.

Powered by Publics LSU Part of National Effort to Increase College Access and Completion - Free Essay Example

Sample details Pages: 4 Words: 1104 Downloads: 8 Date added: 2019/08/08 Category Music Essay Level High school Tags: Hip Hop Essay Did you like this example? During the Fall of 2018, the Association of Public Land-Grant Universities (APLU) announced its Powered by Publics initiative, the largest concerted effort to increase college access in history. The initiative has three goals: (1) award hundreds of thousands more degrees by 2025; (2) eliminate the achievement gap for low-income, minority, and first-generation students, while maintaining or expanding access to higher education for these students; (3) share key data within the clusters and promulgate proven practices across the entire public higher education sector. As of December 2018, 130 institutions have joined the initiative. Don’t waste time! Our writers will create an original "Powered by Publics: LSU Part of National Effort to Increase College Access and Completion" essay for you Create order The coalition of intuitions plans to find evidence-based strategies and new solutions to achieve equity in college access. Powered by Publics is an institutional response to the 21st century college access movement, which traces its roots to the student organizing of the 60s and 70s. Months before the APLUs announcement, the National Association for College Admission Counseling released a study on Test-Optional Policies (TOPs), admissions policies that dont require standardized tests (SAT or ACT). They found that TOPs increased enrollment of students of color and students from low-socioeconomic backgrounds. Their findings are not surprising, studies have shown that the SAT and ACT have large, racial performance gaps (Freedle, 2003) (Santelices Wilson, 2010) (Rattani, 2016) (Johnson, 2003), positioning them as barriers to college for Black and Latino students. Since 2004, over 1,000 accredited colleges and universities across the country have adopted TOPs, a trend that more will follow. With the movement toward college access, the enrollment of Black college students from low-socioeconomic backgrounds is expected to increase in the next 10 years. While administrations pursue new ways to prioritize diversity and accessibility, so must academic departments and programs. English composition, a course required for all students despite their program of study, is arguably the most important and most in need of change. Lynn Bloom has argued that composition is not only about English instruction, it is about initiating students into proper citizenship. It serves as students first introduction to academic discourse and has the potential to shape their relationship with it moving forward. Composition is a gatekeeper to college access in this way and needs to change with the changing student body. There is no shortage of literature about diversifying college composition, however, composition courses continue to be taught in ways that are hostile to the success of Black students. There are two ways that college composition negatively impacts Black students: the normalizing of white, middle class values and the denial of Black Vernacular English (BVE) in the classroom. To address these issues, I propose that English departments incorporate Hip Hop educational research into their curriculum. Hip Hop pedagogies provide the perfect nexus of culturally relevant linguistic and rhetorical study. According to Emery Petchauer, there are three kinds of Hip Hop educational research: (a) hip-hop-based education†¢studies that use hip-hop, especially rap songs and lyrics, as curricular and pedagogical resources; (b) hip-hop, meaning(s), and identities†¢studies that focus on how students mobilize these texts and how they intersect with identities; and (c) hip-hop aesthetic forms†¢studies that conceptualize the ways of doing or habits of mind produced by hip-hop practices. Applied to practice, these Hip Hop pedagogies will scaffold analytical skills, affirm th e academic validity of BVE, and sharpen critical literacies through comparative cultural study. The Composition Classroom as a Site for Assimilation Cultural assimilation is the process that minority students undergo as they adapt the culture, language, and norms of higher education, a culture that is exclusively middle-class and white. The process is not linear, nor is it absolute, but it is required in some aspect for success within the university structure. Non-white and/or lower-class students must learn to speak and write in Sanctioned American English (SAE) (Elbow, 2010) and conduct themselves according to middle-class propriety. Students who do not conform have difficulty navigating the academy, receive poor grades, or in the worst cases, drop-out. Black undergraduates, who have the lowest retention and graduation rate with the highest drop-out rate, face significant damage to their mental health due to the pressures of assimilation (McGee Stovall, 2015). The primary site for assimilation in the college and university structure is the English composition classroom, where students are first taught to divorce their academic identities from their native culture. According to Lynn Bloom, freshman composition is a middle-class enterprise where students are initiated as good citizens of the university, and essentially, the middle-class. After completing the course, students are expected to effectively participate in the dominant discourse of the middle-class. This expectation is shaped by higher educations promise of class mobility and is the unspoken reason the course is required as an entry-point. Students are indoctrinated and disinfected by the value systems upheld by middle-class teachers in middle-class institutions. Values like respectability, propriety, order, and self-reliance pervade the classroom and hurt lower-class students who have different value systems. Adding a critical race lens to Blooms class lens positions Black students as experiencing a compounded clash of value systems in the composition classroom. Due to the history of slavery and racist social policies in the U.S., race is strongly correlated with class status. The mi ddle-class is historically and majority white and the lower-class is Black and Latinx (Gans, 2005). Therefore, freshman composition is not only a middle-class enterprise, but a white enterprise. The dominant narrative is that all students, regardless of race, enter higher education with the goal of upward mobility. If this is true, why would upholding middle-class, white values of communication and expecting students to assimilate be problematic if it allows them the mobility that they seek? It is problematic because the dominant narrative of class mobility is not the only narrative, nor does it account for the complexity of the race-class matrix. Not all students of color enter higher education with the goal of a middle-class life, a point that Carmen Kynard illustrates in her book Vernacular Insurrections. Her composition colleagues belief that Black students wanted the same liberal arts education as everyone else (2) was vastly different than what her inner-city, high school students expected from college. They imagined college as a liberatory tool that could provide them with the knowledge they needed to better their communities and increase access to higher education fo r students like themselves, a sentiment I heard echoed by many Black students when I was an undergraduate. I found that even students outside of the social sciences and humanities, students who were pursuing paths in engineering, computer science, or health wanted to connect their work to the communities they came from by reducing racial disparities. Goals like these require fluid communication skills, not the strict adherence to white, middle-classed language taught in college composition, language inaccessible to the people they want to help.