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Tuesday, 26 May 2020

Heres What I Know About Journalism Essay Topics

Here's What I Know About Journalism Essay Topics Writing your very first APA format essay can be a bit intimidating at first, but learning a number of the basic rules of APA style can provide help. The essay format style doesn't have anything to do with the intricacy of your paper. The format can be adapted based on the nature and the topic of a custom made essay. The format of the works cited page also varies based on the type of citation used in your text. The Ultimate Journalism Essay Topics Trick Based on the length and the breadth of topic, an individual can include more than three major paragraphs in her or his essay. You ought to be confident that it's going to draw the interest of the audience, and you'll be in a position to convey and explore it in detail. Basically the outlining must include all the vital details of your entire essay in a brief and coherent way. The Journalism Essay Topics Cover Up Aldous Huxley, a major essayist, gives guidance on the matter. Wr iting an essay at our company is completely stress-free. You may also find a great deal of successful sample essays online. It's optimal to create one, a few ideas in 1 essay and divide them inside the respective sections. When writing essays, it's simple to drift away from this issue and go offbeat. The topics for argumentative essays are frequently quite self-explanatory they're common understanding. There's a typical college essay writing format that you need to follow. You might see college essay templates on the internet that offer guidelines about how to structure your essay and what things to say in each individual paragraph. When you submit your paper, be certain to keep a safe copy. Or you might even receive a distinct portion of your essay paper done. While an essay is a big project, there are several steps a student can take which will help break down the task into manageable components. The major target of essay program is to frame your upcoming work and maintain appropriate flow. There's numerous helpful guidelines you may use to enhance your paper and facilitate your writing process. To be certain you are on the most suitable way you require help in writing your paperwork. If you haven't been assigned a topic, you have a bit more work to do. Whether you're taking an introductory or a graduate-level psychology class, odds are strong that you'll have to write a minumum of one paper during the class of the semester. Valentine's Day isn't a holiday. No matter the mission of the essay, be certain you're interested in your topic. Research may give some bright ideas that you'd like to use. You would like to adhere broadly to the wisdom that every paragraph ought to have an identifiable major notion, but a college essay is definitely an extraordinary opportunity to break free from the five-paragraph essay. In an academe, plagiarism is a really serious offense that may sometimes lead to expulsion. Such essays shall have a good deal of quotations, based just on facts and laws, and show no more than the true picture of the circumstance. Expository essay utilizes formal language to go over someone or something. The Birth of Journalism Essay Topics Don't forget, any source employed in your essay has to be included in your reference section. In case the source is written by multiple authors, then you ought to state last names of them all, at least in the very first reference within the essay. Additionally, you'll also get a comple tely free bibliography page and an anti-plagiarism check. The list consists of the exact same running head as the primary text. There is an additional step you should make to be able to prepare ideal writing is to make an APA style essay outline. The ideal thing of all is that the rules on the way to format an essay are amazingly easy. One of the absolute most troublesome things in writing essays is making up a very good title. Sample Section Headings The next sample headings are supposed to be used only as a reference. The Argument About Journalism Essay Topics Becoming able to compose an essay is an essential part of any educational system, but simply listing ideas in a linear fashion might not always be sufficient. The principal aim of the college essay format is to assist the readers follow main ideas on the other side of the content without stumbling upon its structure. Even with the ample number of substantial research materials and intelligent ideas, the essay may wind up flawed in the event the student doesn't have effective writing skills. At our on-line company, writing essays is an excepti onal process which can be compared to a masterpiece creation.

Friday, 15 May 2020

Internet and Culture Essay - 1853 Words

Internet and Culture Imagine a world where geographic separation does not inhibit the social or economic mobility of people. A place where cement roads are obsolete and unnecessary and the information super highway is the only road you need to know how to navigate. Information technology becomes the glue and nails that binds our (global) society together. Development becomes a matter of installing fiber-optic wiring, cellular towers and satellite launching. World Bank projects change from road building to wire laying. Now imagine a world where there is no electricity, telephones, computers, roads or other mediums of transportation other than legs and feet. Communication exists on a face-to-face level and nothing more. An individuals’†¦show more content†¦Within first-world nations, the change has been happening slowly over many decades. The developed institutions within these nations have been able to modify their own methods in order to be in congruence with the new world of networks. Ho wever, undeveloped nations (and especially rural parts of these nations) have not been making the slow transformation towards the soon-to-be technologically dependent network society. Therefore, conversion towards the network society is easily seen. The questions that remain to be answered are, can these people-previously unexposed to high technology-adjust to the dramatic changes in economic and social organization. And furthermore, is it feasible and beneficial to take away the focus from physical infrastructure development (roads, buildings, telephone wires) and implement technological infrastructure? The fact is the world is trying to move past the restraints that create inefficient business and communication. Information technology provides a means to move beyond the slow and financially consumptive methods of doing business. The network society is the framework in which these practices can be implemented. As time goes by, technology is becoming more and more a fundamental component of living in this world. Unless a given society, community or business stays on the forefront of technological innovation, it will be left behind, only to grow further andShow MoreRelatedThe Culture Of The Internet Essay985 Words   |  4 PagesThe internet, strictly speaking, is the infrastructure that exists between computers. Claiming to have a relationship with it because of the friends and websites and services it leads to is as absurd as claiming to have a relationship with roads because of where they go. So really when I say that I have a relationship with the internet, what I’m talkin g about is the culture of the internet. Technically I mean the culture of the world wide web, but that sounds dumb. So when I talk about the internetRead MoreThe Internet As A Participatory Culture921 Words   |  4 PagesThe internet is populated by over 2 billion users across the globe (Ross, 2013, p. 10). The early days of the web, also called Web 1.0 are over; the internet is now in Web 2.0. Web 2.0 â€Å"is characterized by openness, participation, and sharing†, in other words, user-generated content (Kim, Jin, Kim, Shin, 2012, p. 305). These terms underwrite the internet as a positive, democratic space. â€Å"Another list of words could be added, which has a somewhat negative sound to it: exploitation, losers, freeRead MoreImpact of Internet on Culture2553 Words   |  11 PagesThe advent of the Internet has been one of the most exciting major events in the second half of the 20th century. The ancient dream of â€Å"a scholar knows all things happening in the world without venturing outdoors† has finally become a reality. Since 1993, the Internet started to take off. At present, the Internet has spread to more than 180 countries and regions, connecting more than 600,000 domestic networks of various types, hooking up more than 20 million computers available to 120 millionRead MoreInternet and Youth Culture4867 Words   |  20 PagesThe Internet and Youth Culture Gustavo S. Mesch ince the internet and other media have been adopted and integrated into the daily lives of an increasing number of young adolescents in Western countries, scholars and commentators are debating the impact of these new media on the activities, social relationships, and worldviews of the younger generations. Controversies about whether technology shapes values, attitudes, and patterns of social behavior are not new. In the recent past, the rapid expansionRead MoreInternet Spread the Uniformity of Cultures757 Words   |  4 Pagesof the Internet on the uniformity of different cultures around the world Introduction With the development of Internet technology and enormous needs of networking around the world, the Internet is becoming dominant appliance in many sections such as business, communication and education. The spread of Internet in some degree has influenced uniformity of different cultures. However, cultures are not geography boundaries, they should not be considered as a result from spread of the Internet. (Kaplanï ¼Å'2009) Read MoreInternet Increases The Market Culture1908 Words   |  8 Pages155411 Abstract In this research paper we will debate between how internet increases the marketing culture. Internet increases the market culture. The research paper includes the advantages and disadvantages of internet affecting market culture. The paper shows how internet increases the market culture in a remarkable way. Web security, checking the items, wasting money and waiting too long are factors that increase the market culture. The research depends on several important sources: An InvestigationRead More Internet - Exploring Our Inner-self in Cyberspace Essay1556 Words   |  7 Pagesourselves. To explain this, we must view this on an individual and collective perspective. Identity in cyberspace allows an individual to construct themselves, and culture in cyberspace allows individuals to engage in social interactions which involve identity construction. Nevertheless, there are advantages and disadvantages to identity and culture in cyberspace which will be discussed. We represent ourselves digitally in various ways to construct our identities. Operating anonymouslyRead MoreEssay How Is The Internet Reshaping Culture1362 Words   |  6 PagesHow is the Internet reshaping what we mean by culture? During the 20th century, electricity, the telephone, the automobile, and the airplane made the world more accessible to people and transforming our society in the process. Most people had to call their local bank to check their statements. Or wait for the paper invoice in the mail. The latest score for last nights hockey game were found in the local newspaper. Then came the accessible worldwide system of interconnected networks called theRead MoreCulture Is Defined As The Internet And Mass Media1582 Words   |  7 PagesCulture is defined as â€Å"the beliefs, customs, arts, etc., of a particular society, group, place, or time† (Merriam Webster, 2015). Different continents, from Far East Asia to the West Most point of the Antarctica, holds their own unique traditions and cultures. Modern form of communication, such as the internet and mass media, had exposed us to various different cultures, thousands miles away from us, enabling us to see with our own eyes their practices and traditions. Despite that, does the imagesRead More Affect of the Internet on World Culture2780 Words   |  12 Pagesbe translated rather precisely into the world of the Internet. The personality theories developed by John Atkinson, Abraham Maslow, Joseph Veroff, and Dan McAdams helps define the different shapes that people take while on the World Wide Web. In the following paper, I will discuss these theories, some of the social behavior that takes place on the Internet and the combination of the two into a cogent description of human drives on the Internet. Issue Paper According to projected growth numbers

Wednesday, 6 May 2020

E Commerce Is The Backbone Of Modern Global Markets

INTRODUCTION E Commerce has changed the economy of the world since the first ‘online shopping’ system called Videotex was created in 1979 by Michael Aldrich using a 26† domestic TV (Aldricharchive.com, 2015). It has even shaped society itself, changing people’s shopping habits and how the entire landscape of business operates. E-commerce is the backbone of modern global markets from business to business (B2B) companies such as IBM and Microsoft with a total brand value bordering on $200,000M (McGreal, 2014), to local independent business to consumer (B2C) shops with a simple website they use to sell their products. THE IMPACT OF E-COMMERCE LOCALLY As recently as just 15 years ago, the majority of small independent businesses only needed to worry about competitors locally on the other side of town. There were other methods of sale such as telephone, yet it was still time-consuming and difficult at times. Furthermore, it was difficult to get even a small business started as it required such a large initial investment and advertising was not as readily accessible as it is now. Travelling was also essential â€Å"81% of small businesses that had an online presence during last year’s holiday season reached new customers† (http://www.DBWebDoctor.com, 2015). Now, the internet allows them to reach out to customers they never could with just physical premises, and boost sales significantly if they use it right Even individuals can now market their more specialists items andShow MoreRelatedWhat Is E-Commerce Is Vercing Business To Business?999 Words   |  4 Pageslast decade, mobile apps are enhancing business to business (B2B) and business to customer (B2C) collaborations. It is the age that e-commerce is inevitable for every entity that seeks to connect with its customers and trading partners alike. In this context, the business is seeking to assess the suitability of creating an app for its customers to use. This e-commerce collaboration model will fall under the B2C category. B2C applicants are specifically designed for developed to help entities in maintainingRead MoreThe Financial Sector Is A Crucial Part Of Society s Critical Infrastructure Essay1387 Words   |  6 PagesThe financial sector is a crucial part of society’s c ritical infrastructure. Commerce drives our daily functions in acquiring necessities as well as desires. The debate for what is a necessity versus desire is not my point, but the reliance we have on the financial sector in order to function is. Since the days of bartering have been replaced with a monetary system in addition to technological advances, we have become as dependent upon the financial system as we are on oxygen. Accumulation ofRead MoreImpact of E-Commerce in India5599 Words   |  23 PagesENABLING E-COMMERCE IN INDIA Amarjit Singh Department of Computer Science, HP University Shimla, India aj_singh_6@yahoo.co.uk M.P.Thapliyal Department of Computer Science,HNB Garhwal University, Srinagar(Garhwal), Uttaranchal, India mathuraprasad1@rediffmail.com M.M.S.Rauthan Department of Computer Science,HNB Garhwal University, Srinagar(Garhwal), Uttaranchal, India mms_rauthan@yahoo.com D.K.Joshi Department of Computer Science, Amravati university, Amravati (Maharashtra), India Dine_joshi@rediffmailRead MoreThe Effects Of Poor Infrastructures On Nigerian Government Parastatals2148 Words   |  9 Pageseffect of the global fluidity of finance capital, the growth of foreign direct investment, and the emergence of global corporations have greatly undermined the economic and political sovereignty of states--especially the poor ones. It must be emphasized that the so-called globalized world is riddled with imperfections. Information Technology: uses computers, which have become indispensable in modern societies to process data and to save time. The use of computers is so pervasive to modern developmentRead MoreOnline Banking in Bangladesh6399 Words   |  26 Pagesalso consider the positive sides. Internet Banking has created a revolution and it has a significant role to play in enhancing the banking sector. 2.3 The history of internet banking in Bangladesh The Internet came late in Bangladesh, with UUCP e-mail beginning in 1993 and IP connectivity in 1996. By July 1997 there were an estimated 5,500 IP and UUCP accounts (Press, L., 1999) in the country and by the end of 2000 it has been forecasted that the account holder could reach more than 50,000 throughRead MoreEmerging Trends and Challenges in Banking2333 Words   |  10 PagesPUNITH, B.S ***Mr. THIPPESHA, M One Day National Conference on Innovations amp; research in commerce amp; management SSIBM, Tumkur-05 Topic: â€Å"NEW TRENDS AND CHALLENGES IN BANKING† *Faculty member, DOS in commerce, Davangere university. Shivagangothri, Davangere. **student. M.COM 2nd year , DOS in commerce, Davangere university. Shivagangothri, Davangere. ***student. M COM 2nd year, DOS in commerce, Davangere university. Shivagangothri, Davangere. â€Å"Emerging Trends in Banking – ChallengesRead MoreHistory of Internet10240 Words   |  41 PagesHISTORY OF COMPUTERS AND THE INTERNET OUTLINE 1B MODULE Steps Toward Modern Computing 31 First Steps: Calculators 31 The Technological Edge: Electronics 31 Putting It All Together: The ENIAC 36 The Stored-Program Concept 36 The Computer’s Family Tree 37 The First Generation (1950s) 37 The Second Generation (Early 1960s) 38 The Third Generation (Mid-1960s to Mid-1970s) 39 The Fourth Generation (1975 to the Present) 41 A Fifth Generation? 44 The Internet Revolution 45 Lessons Learned 48 Read MoreUsing Porter’s Value Chain Framework, Explain How Technology Can Help an Organisation to Gain a Competitive Advantage1967 Words   |  8 Pagesof technology so as to provide an effective as well as efficient customer service. Technology by many organizations has been referred to as a backbone of the organization operating in the modern business environment. Each every organization is using technology in some or the other form so as to increase the efficiency of the enterprise. In today’s global as well as ever changing busines s environment, investing in technology would be referred to as one of the most important aspect to provide competitiveRead MoreE-Governance in Bangladesh: Problems and Prospects2295 Words   |  10 PagesE-Governance in Bangladesh: Problems and Prospects 1. Introduction An emerging concept, e-governance has become trendy since mid 1990s around the world, with various moves by the governments integrating information and communication technologies in the public sector management and in the process of delivering services for citizens. The policy makers of the developed countries envisioned that new developments in ICT and especially the TCP/IP protocol would pay a significant contribution in achievingRead MoreIndia s An Indian Economy1488 Words   |  6 Pagesmanufacturing base by setting up the National Manufacturing Competitiveness Council (NMCC) in 2004. In 2006, it came up with an objective to raise the share of manufacturing in GDP to 35% by 2015. It was not very successful because of the rigid labor market institutions, regulatory burden and also the lack of political and administrative will to implement some of the reforms that have been announced. Hence, the factors describe the reasons behind the crippled growth story Industrial Sector. The Make

The Ways in Which Shakespeare Entertains his Audience in...

The Ways in Which Shakespeare Entertains his Audience in Twelfth Night One of the main themes throughout Twelfth Night is that of confusion and mistaken identity. This is illustrated mainly by Viola as Cesario, confusing all of the characters into thinking that she is a man. The only people that know of her true identity (apart from the sea captain at the very beginning) are the audience. This makes it more enjoyable and entertaining for the audience as they know exactly what is going on and can see the comedy in the plot as it thickens. This links to the other main theme of the play, that of entertainment and comic characters. This is illustrated through Sir Toby Belch; who is quite clever and†¦show more content†¦Audiences would have gone into the theatre expecting a humorous plot filled with confusion, something Shakespeare manages to live up to. Shakespeares audiences would have been the poorer people, visiting the playhouses, very likely to dislike the middle classes and puritans, who wanted to close the theatres down. I think that Shakespeare uses Malvolio to represent Puritanism, a character who has very traditional values and doesnt join in with the fun and games. I think this association would have made it easier to laugh at Malvolio when he is picked on by the other characters and locked up unfairly by Olivia Let this fellow be looked to Twelfth Night, like many other Shakespeare comedies, has both a main plot and a sub plot. The main plot is the story of Viola/Cesario, Orsino and Olivia and their love-triangle. My master loves her dearly; And I, poor monster, fond as much on him; And she, mistaken, seems to dote on me. This plot is based on the different types of love, confusion and how love can be confusing. The sub plot is based more on comedy and misrule. Sir Toby Belch, Maria, Andrew Aguecheek and Malvolio are the main characters in the sub plot. They play tricks on each other and seem to enjoy themselves more than the other, more serious characters do. Three merry men be we! I think thatShow MoreRelatedWays in Which Shakespeare Entertains His Audience in Twelfth Night1295 Words   |  6 PagesWays in Which Shakespeare Entertains His Audience in Twelfth Night Shakespeare entertains his audience in many different ways, from the complications of the main characters love to the overtly comic schemes of others. The main method which Shakespeare uses to entertain his audience in this particular play is that of two plots, one main and one a sub-plot, interlocking with each other throughout. One of the main themes throughout Twelfth Night is that of confusion Read MoreTwelfth Night Character Analysis1739 Words   |  7 PagesTwelfth Night is a romantic comedy that questions the nature of love, gender, and class. Viola disguises herself as Cesario, and this transformation into Cesario by Viola draws the admiration of Olivia. While Olivia is trying to attract Cesarios attention, Orsino is trying to catch Olivias eye which only creates a comedic love triangle. This love triangle creates the comedy in the book, while also questioning what love is, and the roles that gender, and class creates in Twelfth Night.  Ã‚  Ã‚  Ã‚  Ã‚   TwelfthRead Moretwelfth night Essay952 Words   |  4 Pages Twelfth Night Essay While many will agree that Shakespeare’s Twelfth Night is critically acclaimed to be one of the most entertaining and well-liked pieces that he has written, there tends to be a discrepancy over how the characters in the play are portrayed when it comes to the importance of gender roles. After reading James C Bulman’s article over the Globe’s more recent performance of Twelfth Night and Shakespeare’s original written version, I realized that there are many ways that this famousRead MoreTwelfth Night2039 Words   |  9 PagesTwelfth Night Twelfth Night is a comedy of light and shade. Its characters are not unreservedly happy and the events are not unreservedly humorous. Discuss. As a comedy, Twelfth Night is obviously intending to not only entertain its audience but also point out problems in society. It is imperative to entire merit of the play not to be realistic but to allow for empathy. Therefor to have a comedy of complete lightheartedness there would be no balance Read MoreTwelfth Night- Literature Cape Unit !7125 Words   |  29 PagesTwelfth Night Criticism William Shakespeare and The Twelfth Night Known for his tragedies, comedies, sonnets and love stories, William Shakespeare is argued to be one of the best writers of his time. Throughout his plays, including The Twelfth Night, he uses disguise and deceit to fool the other characters to benefit another. Shakespeare was born in April of 1564 in the town Stratford-upon-Avon. Although the exact date of his birth is not known, historians traditionally celebrate it on the 23rdRead MoreGender Roles And Roles Of William Shakespeare s The Merchant Of Venice 1837 Words   |  8 Pagesreflected in Shakespeare. What sets Shakespeare apart is the fact that he also challenges, and at times even breaks down those stereotypes especially in his comedies. Hamlet may proclaim â€Å"Frailty thy name is woman†, but even the merest of character analyses of Portia in The Merchant of Venice, or Viola in The Twelfth Night conclusively proves that they are anything but. In this paper we begin by examining the prevailing gender stereotypes in Elizabethan England. Taking The Twelfth Night as the basisRead MoreGender Ambiguity : Boys Should Be Girls Will Be Boys And Twelfth Night Essay1649 Words   |  7 Pageswithin Shakespeare’s comedies and it is portrayed significantly in both As You Like It and Twelfth Night. Gender is a major theme in the work of Shakespeare which is an issue which has had a significant impact on the criticism attracted to his work for many of his plays, led by feminists in particular. In each of the two plays there is gender ambiguity, mistaken identities and gender blurring as Shakespeare deals with the important issues of homosexuality and bisexuality. Before dealing with theseRead MoreEssay about The Globe Theater634 Words   |  3 Pagesthe Chamberlains Company, it stood on the Southern shore of the Thames River in London. At this time Shakespeare was a member of the Chamberlains Company, and therefore he became a shareholder in the theater. The profits actors made off of their shares was their main means of support, as it was for Shakespeare. It was not his plays as some people may think, which were often worth very little and ended up as property of the acting company. The Globe was just oneRead MoreEssay on The Fool as a Playwright in Twelfth Night2852 Words   |  12 Pages  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Feste, the fool character in Twelfth Night, in many ways represents a playwright figure, and embodies the reach and tools of the theater. He criticizes, manipulates and entertains the other characters while causing them to reflect on their life situations, which is similar to the way a playwright such as Shakespeare interacts with his audience. Furthermore, more so than the other characters in the play he accomplishes this in a highly performative way, involving song and clever wordplay thatRead MoreThe Role of Malvolio in Twelfth Night Essay1543 Words   |  7 PagesRole of Malvolio in Twelfth Night The main storyline in Twelfth Night is love between Cesario, Orsino, Olivia and later on in the play Sebastian. Malvolio’s part in the play is a backdrop situation separate from the main story. He brings a level of both humour and sympathy to the play. Malvolio is one of the main sources of humour in Twelfth Night. In the later part of the play a different side of him is exposed. Malvolio is Olivia’s steward and his job is to manage

Conflict Mapping and Analysis Present Conflict Deals

Question: Define the Conflict Mapping and Analysis for Present Conflict Deals. Answer: The present conflict deals with George Pell (GP) who declined Royal Commission appearance request to give testimony in person. George Pell is a well-known personality in Australian cardinal of the Roman Catholic Church (Halter, 2013, pp.261). In the present context, David Ridsdale accused George Pell of offering bribing with intention to hide the truth of child sex abuse. The case later appears in the year May 2015, in which the allegations were present to Royal Commission for judgement (Marr, 2013). In this case, Ridsdale was charged for child sexual abuse cases, whereas Pell denied for any knowledge in conjunction with Ridsdale action. Pell was instructed to appear before the Royal Commission, but he denied the request to give testimony in person, which is the reason for conflict in the present context. Factors fuelling the conflict issue are (Guerzoni and Graham, 2015, pp.58): Media: For media, it is a subject of attention. This news helps them to increase their sell either through newspaper or through web pages. This story creates a source of interest and excitement among the public and fuels the conflict. Legislators: The decision of the commission may affect the current legislation or its interpretation, which acts as one of the critical fueling factor in this conflict. In order to ensure protection for the victims, who seek equality from the institution, the decision of the legislators might have fuelled the conflict. Political issue: the Political issue is another fuelling agent for this conflict. The previous government (now opposition party) has organised the Royal commission. The Catholic Church is however greatly influenced by the current administration. Hence there is a strong relationship between the elected leaders of the current government and the religious leaders of the Catholic Church (Waddell and Jones, 2016). Hence, now the case file hangs between the two political parties,e., the ruling party and the opposition party. Hence, political parties fuel the conflict issue along with the media. Geographical issue: Actually the commission is present in Australia, whereas George Pell is present in the Vatican City and it is difficult in his part to cover such a long distance. Thus, he is allowed to give the testimony via video link. Immediate stakeholders involved in this conflict are as follows: George Pell: He agrees to give testimony in front of the Royal Commission in spite of his ill health. He did not care about a health and life rather he put them on a stake and agrees to give testimony. He needs to travel a long distance to reach the commission i.e. from Vatican City to Australia. Fortunately, another solution that is via video link is arranged for him. The Royal commission: The commission needs to hear the testimony of the related parties reliable with the ToR legislation. The commission has to listen to the evidence in time and in an unbiased way in accordance to ToR legislation, to determine whether further action if needed (Mullis and Scott, 2012, pp.5). The commission needs to listen to all parties related to the case, despite their personal desire to do so or not. Policy makers/Legislators: The results of the case found by the Royal Commission may have an effect on the current legislation, that is ToR legislation. The legislation should protect the victims of child sexual abuse who are charged with a duty of care. The legislator should always ensure the smooth functioning of the government and legislation. Australian community: According to the Australian community, serious legal action should be taken against the child sexual abuser and those who support these crimes. The child sexual abuser needs to be punished for the betterment of the community behaviour and social values (Mullis and Scott, 2012, pp.5). Indirect stakeholders involved in this conflict are as follows: Victims and their associates: They should present the details of their case to the commission and may ask for redress the crime charged against them. Additionaly, the institutes should show their concern and care time to time (Budiselik, 2014, pp.565). Religious leaders/members of the Catholic Church: According to them the recent procedure to deal with the child sexual abuser is enough and further steps need to be taken to avoid such action in future for the name of the organisation (Halter, 2013, pp.261). Media: This topic of child sexual abuse is a fascinating question for both media as well as the public. While media always tries to create exciting stories for the public, but public are in search of news rather than stories. Root causes of this conflict are as follows: Political cause: There is a strong relationship between the elected leaders of the present government and the religious leaders of the Catholic Church. The commission was organised by the previous government (now in opposition party); whereas the Catholic Church is however greatly influenced by the current administration. Presently, the commission has taken its hand from all the political systems and have its separate own power. In contrast, the media is always interested in the conflict between the political leaders and the religious leaders (Budiselik, 2014, pp.565). Environmental cause: The Environmental factor is one of the major root causes of this conflict. George Pell, who has to give the testimony, resides in Vatican City; whereas the commission is present in Australia. George Pell due to some health issues is unable to move to Australia to give testimony. Thus, to solve this problem an alternative is found; GP can appear as testimony through the video link (Healy, 2015, pp.1). Legislative cause: The Royal commission is based on the Australian legislation /ToR legislation. The decision of the commission relies upon the report of the panel. Moreover, any change in the legislation can be done by the ruling government (Foley, 2015, pp.164). Socio-cultural cause: Social and cultural factors are one of the most important root causes of this conflict. Earlier the society used to dishonour the victim of abuse. Nowadays the community tries to aware the society about the pain and suffering experienced by the victim of abuse (Mullis and Scott, 2012, pp.5). Time cause: The testimony of GP is most necessary for the further proceedings and investigations of the case file of the child sexual abuse for the royal commission (Foley, 2015, pp.164). Economic cause: the Economical issue is one of the major root causes of this conflict. Economic support or any kind of funding is not provided to the testimonies to appear before the commission. References: Budiselik, W., Crawford, F. and Chung, D., 2014. The Australian Royal Commission into institutional responses to child sexual abuse: dreaming of child safe organisations?. Social Sciences, 3(3), pp.565-583. Foley, T., 2015. Institutional responses to child sexual abuse: how a moral conversation with its lawyers might contribute to cultural change in a faith-based institution. Legal Ethics, 18(2), pp.164-181. Guerzoni, M. and Graham, H., 2015. Catholic Church Responses to Clergy-Child Sexual Abuse and Mandatory Reporting Exemptions in Victoria, Australia: A Discursive Critique. International Journal for Crime, Justice and Social Democracy, 4(4), pp.58-75. Halter, N., 2013. The Australian Catholic Church and the Public Sphere: World Youth Day 2008. Journal of Religious History, 37(2), pp.261-282. Healy, K., 2015. Becoming a trustworthy profession: Doing better than doing good. Australian Social Work, pp.1-10. Marr, D., 2013. The prince: Faith, abuse and George Pell. Quarterly Essay, (51), p.1. Mullis, A. and Scott, A., 2012. Reframing libel: taking (all) rights seriously and where it leads. N. Ir. Legal Q., 63, p.5. Waddell, T. and Jones, T.W., 2016. The spoken and unspoken nature of child abuse in the miniseries Devils Playground: The Royal Commission into Institutional Responses to Child Sexual Abuse, the Catholic Church and television drama in Australia. Media International Australia, p.1329878X16631840.

Tuesday, 5 May 2020

Collapse Of Enron Samples for Students †MyAssignmenthelp.com

Question: Discuss about the Collapse Of Enron And Necessity Of The Reforms In Corporate Governance After Enrons Collapse. Answer: Introduction: The assignment is a discussion on collapse of Enron. The assignment begins with a brief description of the company along with the mention of the main causes that led to the collapse of the company. Through the assignment one will be able to find that the lack of transparency in all its activities was the sole reason for its collapse. There is also a second part to the assignment that deals that talk about the necessity of corporate governance reform on a worldwide basis Reason for Collapse of Enron The company Enron formed in the year 1985 due to the merger of Houston Natural Gas and Internorth and was the first nationwide pipeline for natural gas (Benston Hartgaves, 2002). With time, the business focus of the firm shifted from transportation of regulated natural gas to energy trading markets that were unregulated. The guiding principle for this was the greed for more money through buying and selling of financial contracts linked to the value received from energy assets than being the actual owner of the assets. Enrons problems arose not because of its energy operations but its other ventures like the investments in the Internet and high tech communications (Healy Palepu, 2003). Enron saw a flourishing future in the internet therefore during late 1990s it purchased the service providers and online marketers, constructed a communication network based on fiber optic and thereby created a market that traded communications capacity based on broadband. The company entered these markets during boom and paid higher prices thereby initiating a heavy load of debt for financing its purchase. The crash of the internet industry in 2000 dried up revenues from the investments thereby keeping the debts constant. The company also recorded for losses in certain foreign operations where it expected to make profit in the new markets that remained deregulated. However, due to local politics there was a blockage in the sharp increase in price as anticipated by Enron. The companys response to the problems was the main reason behind Enrons major financial scandal. Rather than disclosing its actual condition to the public investors, the company issued false accounts (Ailon, 2012). Moreover, Enron tried to disguise its bank loans as derivatives of energy trades for concealing the extent of indebtedness of the company. However, when the actual figures came to the forefront more than 80% of its profits vanished thereby resulting in collapse of the company. Thus, the major issues responsible for Enrons collapse are as follows: Accounting and Auditing Issues The auditor of Enron, Authur Anderson, turned blind eye towards the accounting practice that was improper but got actively involved in forming a financial structure that was complex and transactions that led to deception. Issues Related to Pension Enron sponsored for its employees a retirement plan where they contributed a portion of their payment. Therefore, in December 31, 2000, around 62% of assets against the companys retirement plan comprised of Enron stocks held by many employees. This led to an increase in the share prices of about 80$/shares in the year 2001 and a sudden drop to 70 cents in January 2002. This led the company to wipe out some of the existing retirement plan that led to questioning of the regulation and laws that governs such plans. Issues Related to Corporate Governance The top management of Enron indulged in selling shares of the company worth billions of dollars but tried to keep its financial problems under wraps so that it does not get revealed to the public (Crowther Aras, 2013). Issues Related to Securities Analyst The securities analyst of a company does research and make recommendations for buying, selling or holding which is followed by most public investors. Enron required the support of such analyst due to the continuous infusion of funds from the financial markets. Their decision of selling Enron shares after its sudden fall also remained responsible for its collapse. Issues Related to Banking Enron had banking issues with some of the prominent banking companies like J.P. Morgam and City group which also contributed partly to its fallout. Issues Related To Energy Derivatives Enron involved in dealing with derivative contracts that were based on the oil, gas amd electricity as a part of its energy business (Pavel Encontro, 2012). The contracts allowed the buyers in avoiding or hedging risk involved with increase or decrease of energy prices. The unregulated markets that Enron traded in without any reporting requirements left scope for little information about the profitability of the company from the energy derivatives. Thus, involving in trading of derivates also contributed to the companys collapse. Corporate Governance Reform after Enron After the Enron Collapse measures reforms in corporate governance took place for ensuring greater transparency of the existing accounting and auditing firms between the investors or owners and the management (Kim Lu, 2013).The reform in the corporate governance was necessary for ensuring precision in the responsibilities undertaken by the companies towards the employees, customers, employees, shareholders, business partners and communities where they operate. The meltdown of the company resulted in the initiation of Sarbanes Oxley Act 2002. The act was move towards right direction but it fell short in addressable of certain critical reforms that were advocated by corporate accountability group like the enhanced independence of the board, abolishment of the staggered boards, increased disclosure of environmental and social issues and staggered board abolishment. However, this was overcome by the formulation of new rules for strict disclosure practice and corporate governance put forward by National Stock Exchange (NASDAQ) and Securities Exchange Commission (SEC). The NASDAQ also put forward that the listed companies should have board committees and board directors who are independent in addition to the rules imposed by the Sarbanes-Oxley Act on non audit service and accounting firms. However, the controlled companies are exempted from the requirement of an independent board. Such companies are the ones where another company or a group or individual holds voting power which is more than 50%. Although such controlled companies relying on exemption must make it a point in disclosing its annual meeting proxy and the basis of its determination. The exchanges also make sure that the non management directors meet at executive sessions that are regularly scheduled but without the presence of management. Conclusion: Thus from the discussion in the assignment it is concluded that giant companies like Enron that had huge profit margins suffered a major collapse due to its unplanned moves, lack of foresight and transparent means of actions. The meltdown of Enron has thereby necessitated reform in the corporate governance worldwide ensuring that companies hold an accountability of the every move that it takes. References: Ailon, G. (2012). The discursive management of financial risk scandals: The case of Wall Street Journal commentaries on LTCM and Enron.Qualitative Sociology,35(3), 251-270. Benston, G.J. Hartgaves, A.L. (2002), Enron: what happened and what can we learn from it, Journal of Accounting and Public Policy, 21(2): 105-127 Crowther, D., Aras, G. (2013). Introduction. InThe Governance of Risk(pp. ix-xii). Emerald Group Publishing Limited. Healy, P.M. Palepu, K.G. (2003). The fall of Enron, Journal of Economic Perspectives, 17(2): 3-26. Kim, E. H., Lu, Y. (2013). Corporate governance reforms around the world and cross-border acquisitions.Journal of Corporate Finance,22, 236-253. Pavel, T., Encontro, M. (2012). The Enron scandal.Chalmers University of Technology Financial Risk, Goteborg.